Document:

Form of Marketing and Customer Referral Agreement

 Exhibit 10.7 
 MARKETING AND CUSTOMER REFERRAL AGREEMENT 
 BY AND BETWEEN

 CASH AMERICA INTERNATIONAL, INC. 
 AND 
 ENOVA INTERNATIONAL, INC. 

Dated as of
                    , 2012 

 MARKETING AND CUSTOMER REFERRAL AGREEMENT 

THIS MARKETING AND CUSTOMER REFERRAL AGREEMENT (this “Agreement”) is executed to be effective as of
                , 2012 (the “Effective Date”), by and between CASH AMERICA INTERNATIONAL, INC. a Texas corporation (“Parent”), and
ENOVA INTERNATIONAL, INC., a Delaware corporation (“Enova International”). Cash America and Enova International may be collectively referred to as the “parties,” and individually as a
“party.” 
 RECITALS 
 WHEREAS, Parent is the direct and/or indirect holder of all of the equity interests in Enova International; 
 WHEREAS, contemporaneously with the execution and delivery of this Agreement, Parent and Enova International have entered into a Separation Agreement, dated as of the date hereof (the
“Separation Agreement”), and the other Transaction Agreements (as defined in the Separation Agreement); 

WHEREAS, promptly following the execution of this Agreement and the other Transaction Agreements, Enova International will
undertake an initial public offering (the “IPO”) of a portion of its common stock (the “Enova Common Stock”); 
 WHEREAS, immediately following consummation of the IPO, Parent will own at least 50% of the Enova Common Stock; 
 WHEREAS, as of the date hereof it is the intention, but not the obligation, of Parent and Enova International to sell or issue, as applicable, additional shares of Enova Common Stock at an
undetermined future date or dates in one or more transactions such that Parent would thereafter own less than 50% of the Enova Common Stock; 
 WHEREAS, Parent and its subsidiaries and affiliates (excluding Enova International and its subsidiaries) is in the business of providing consumer financial products and services in its store-front
retail locations throughout the United States; 
 WHEREAS, Enova International and its subsidiaries (collectively,
“Enova”) is in the business of originating and arranging short-term consumer loans via the Internet through the use of the electronic, publicly available websites at the specific URLs used to identify the Enova websites and any website
owned, controlled, or utilized by Enova for the purpose of originating or arranging consumer loans (and any successor URLs selected by Enova) containing the functionality to originate or arrange consumer loans by Enova (the “Enova
Websites”); 
 WHEREAS, Enova has developed, operates and maintains a real-time, host-based loan management
processing software system and call center providing the means and/or facilities for processing prospective customer loan applications, originating or arranging consumer loans, as well as funding, servicing and collecting such loans (collectively
the “Enova System”); 
 WHEREAS, Enova currently markets, originates and/or arranges consumer loan products
including deferred presentment transactions, “payday” loans, installment loans, line of credit advances and other financial products offered through the Enova Websites (such financial products collectively referred to as the
“Loans”) and manages the origination, funding, servicing and collection of these loans through the Enova System; 

WHEREAS, Parent and its subsidiaries other than Enova (collectively, “Cash America”) and Enova currently have an
informal agreement for the payment of referral fees and commissions similar to the structure set forth in this Agreement, and the parties desire to continue this marketing and referral arrangement after the IPO; and 

WHEREAS, the purpose of this Agreement is to set forth the relationship and structure between Cash America and Enova, after the
closing of the IPO, for their marketing and customer referral arrangement. 
 NOW, THEREFORE, in consideration of the
covenants contained herein, Parent, on behalf of itself and its subsidiaries other than Enova, and Enova International, on behalf of itself and its subsidiaries, agree to the following terms and conditions that apply to the referral of, and payment
for the referral of, customers or applicants: 

  
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 1. Customer Referral Agreement. Pursuant to the terms and conditions of this
Agreement, the parties agree that Enova shall pay Cash America certain fees and commissions, as set forth in Section 5 of this Agreement, in consideration for Cash America referring individual customers or applicants (the “Customers”)
to Enova using the following referral methods: 
 (a) Lead Referrals. Cash America shall have the right to create and maintain a
hyperlink from any website owned and controlled by Cash America (“Cash America Website”) to an Enova Website to allow potential Customers to click-through to an Enova Website for the purpose of originating or arranging a consumer loan.
Cash America shall, at its own cost and expense, provide all Internet connections, equipment, operating systems, and software required for Cash America to use an Enova Website as set forth in this Agreement in accordance with the technical
requirements of an Enova Website provided by Enova. Cash America and any person or entity under Cash America’s control shall comply at all times with the terms of use of Enova and any acceptable use policy of any third-party service provider
provided by Enova to Cash America in writing with respect to an Enova Website in connection with its use of an Enova Website as set forth in this Agreement. Cash America shall not, and shall not permit any person under Cash America’s control to
make derivative works of an Enova Website; reverse engineer, reverse assemble, decompile or otherwise attempt to derive source code from an Enova Website; use or allow the use of an Enova Website in contravention of any applicable law; introduce
into an Enova Website any virus or other code or routine intended to damage or disrupt an Enova Website; use an Enova Website by means of “framing,” “deeplinking,” “robots,” “bots,” “spiders,”
“datamining,” “scraping,” or any other similar automated method except as expressly permitted in this Agreement; or otherwise act in a fraudulent, malicious, or negligent manner when using an Enova Website. For the purposes of
this Agreement, each customer provided to an Enova Website through a link on the Cash America Website to whom Enova subsequently originates or arranges a consumer loan that is ultimately funded to the consumer shall be referred to individually as a
“Lead Referral” and collectively as the “Lead Referrals.” 
 (b) Coupon Referrals. Cash America shall also
have the right to provide coupons to Customers for the purpose of advertising online consumer loans originated or arranged by Enova via an Enova Website and any such Customers that obtain a Loan through an Enova Website as a result of the foregoing
are referred to herein individually as a “Coupon Referral” and collectively as the “Coupon Referrals.” The Customer coupons shall contain a unique code to be provided by Enova, which will identify the particular referring Cash
America location. Subject to Enova’s right to approve any such marketing materials, as set forth below, the Customer coupon will be designed by Cash America to promote and market an Enova Website to Customers and prospective customers in the
United States. Cash America shall make all decisions relating to the distribution and promotion of the Customer coupons. 

2. Term. The term of this Agreement will begin as of the Effective Date and will continue thereafter for a period of two years
(the “Term”). This Agreement shall automatically renew for additional one-year renewal terms following the expiration of the Term or any renewal thereof, unless a party hereto provides the other party hereto with written notification of
its intention not to renew this Agreement at least 60 days prior to the end of the Term or any renewal term, as the case may be, or unless this Agreement is terminated in accordance with the provisions set forth in Section 7. 

3. Representations and Warranties. Cash America represents and warrants to Enova that it has all licenses, permits, consents and
approvals required to be obtained by it from any regulatory agency exercising its authority over Cash America in order for it to lawfully conduct its business, to perform its obligations hereunder and to receive the rights and benefits available to
it hereunder except to the extent the failure to have any of the foregoing could not, singly or in the aggregate, reasonably be expected to have a material adverse effect on Cash America. Enova represents and warrants to Cash America that it has all
licenses, permits, consents and approvals required to be obtained by it from any regulatory agency exercising its authority over Enova in order for it to lawfully conduct its business, to perform its obligations hereunder and to receive the rights
and benefits available to it hereunder except to the extent the failure to have any of the foregoing could not, singly or in the aggregate, reasonably be expected to have a material adverse effect on Enova. 

4. Covenants. 
 (a) Enova Covenants. 
 (i) Enova agrees to provide the Monthly
Report (as defined in Section 5(c)) to Cash America detailing all loan activity to any Enova customer who was referred to Enova pursuant to this Agreement (“Referral”).

(ii) For all Loans originated or arranged by Enova pursuant to this Agreement, Enova shall be responsible for collecting
the debt as represented by each of the Customer loan agreements. Further, Enova shall develop and employ a comprehensive collections strategy to facilitate same, which can include placement of the debt with third-party collections agencies or sale
of the debt to third-party buyers. 

  
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 (iii) Enova agrees that it will obtain and maintain any and all licenses,
registrations, or authorizations that are or may be required by any federal, state, or local regulatory agency with authority over Enova for the origination or arrangement of consumer loans. 

(iv) Enova will comply with all federal, state and local statutes, codes, ordinances, laws, regulations, rules, orders and
decrees, including those of any governmental agencies that exercise authority over Enova to the extent the same are applicable to Enova’s rights or obligations under, or performance of, this Agreement. 

(v) Enova will maintain functionality within the Enova System to accurately track, and report to Cash America, all
incoming Lead Referrals and Coupon Referrals at all times during the Term of this Agreement (and any renewal term) and to accurately track Net Revenue (as defined below) generated by all Coupon Referrals until such time as Enova is no longer
obligated to pay Cash America Referral Commissions applicable to such Customer, as provided below. 
 (b) Cash America
Covenants. 
 (i) Cash America will deliver Lead Referrals to Enova by such means as mutually agreed to by the
parties. Cash America shall determine in its sole discretion which Customers will be delivered to Enova in order for the Customer to be offered a Loan, or the arrangement of a Loan, by Enova pursuant to this Agreement. 

(ii) Cash America will consult with Enova in the development of any advertising artwork and promotional copy that
specifically markets the Loans offered or arranged by Enova (collectively, “advertising materials”). Prior to using any advertising materials, Cash America shall submit the same to Enova for approval and Enova shall approve the same
within five (5) business days following receipt thereof from Cash America. If Enova does not approve or disapprove the same by notifying Cash America thereof in writing within such five (5) business day period, such advertising materials
shall be deemed approved by Enova; provided, however, if Enova timely disapproves any such advertising materials, the parties hereto shall promptly and diligently work together to develop a mutually agreed upon form of such advertising materials.
Enova hereby agrees and acknowledges that any advertising materials in use by Cash America on or prior to the date hereof are approved advertising materials. Enova agrees to waive all rights of attribution and integrity, and all other common-law and
statutory rights relating to the advertising materials. 
 (iii) Cash America agrees that it will obtain and
maintain any and all licenses, registrations, or authorizations that are or may be required by any federal, state, or local regulatory agency with authority over Cash America related to its referral of customers to Enova. 

(iv) Cash America will comply with all federal, state and local statutes, codes, ordinances, laws, regulations, rules,
orders and decrees, including those of any governmental agencies that exercise authority over Cash America, to the extent the same are applicable to any of Cash America’s rights or obligations under, or performance of, this Agreement.

 5. Consideration. Enova agrees to pay Cash America the following fees and commissions in consideration of the customer
referrals as referenced in Section 1 of this Agreement: 
 (a) Referral Fee. In consideration for Lead Referrals, Enova
agrees to pay Cash America a per lead referral fee in the amount of $150.00 for each Lead Referral provided by Cash America to Enova (collectively, the “Referral Fees”). 

(b) Referral Commission. In consideration for each Coupon Referral from a Cash America location utilizing a unique Enova coupon code,
Enova agrees to pay Cash America a referral commission for each Coupon Referral in an amount equal to fifty percent (50%) of the Net Revenue (as defined herein) from each such Customer (the “Referral Commission”). For the purposes of
calculating the Referral Commission, the “Net Revenue” shall be defined as gross loan fees and interest received from a Customer minus any unrecovered principal, interest, or fees. For purposes of this calculation,

  
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once a Coupon Referral has been referred to Enova pursuant to this Agreement, Enova shall continue to pay a Referral Commission throughout the life of Enova’s customer relationship with such
Customer, with the life of Enova’s customer relationship of any particular Customer being deemed to have ended only at such time as such Customer has had no amount outstanding under any Loan for a period of eighteen (18) consecutive
months; provided, however, for purposes of this Section in no event shall the life of Enova’s customer relationship with any particular Customer be deemed to extend beyond the end of the
24th month following the termination of this Agreement, as
more particularly described in Section 7(b) below. 
 (c) Settlement. On or before the 15th business day of each month, Enova shall provide an electronic
statement of accounting with transactional level details that provides the necessary support for the calculation of Referral Fees, Referral Commissions and Net Revenue applicable to each Customer, as well as any other recovery of revenue for any
other prior period (the “Monthly Report”). On or before the 19th business day of each month, Enova shall remit payment of the amount of Referral Fees and Referral Commissions as shown on the Monthly Report that is due and owing to Cash America for the prior month via
an ACH credit to an account designated by Cash America. If Cash America disagrees with the amount shown as due and owing to Cash America on any Monthly Report, Cash America shall notify Enova thereof in writing and the parties will work together to
resolve such dispute in accordance with this Agreement; provided, however, Enova shall be obligated to pay any amount not in dispute when the same is first due and payable. 
 6. Confidentiality. Enova and Cash America each acknowledge and agree that the terms of Section 6.9 of the Separation Agreement shall apply to Information made available or disclosed by one
party to the other in connection with this Agreement. For the avoidance of doubt, it is hereby agreed that Enova and its subsidiaries and affiliates are referred to as ‘Enova’ and the ‘Enova Group,’ respectively, under the
Separation Agreement and Cash America and its subsidiaries and affiliates are referred to as ‘Parent’ and the ‘Parent Group,’ respectively, under the Separation Agreement. 

7. Termination. 
 (a) Either party may terminate this Agreement: (i) at any time upon written notice to the other party if the other party breaches this Agreement and fails to cure such breach within thirty
(30) days after receipt of written notice of the breach; or (ii) for any reason upon thirty (30) days’ written notice to the other party. In the event of a termination by one party as a result of the other party’s breach of
this Agreement, the non-defaulting party shall have all rights and remedies available to such party at law or in equity. 
 (b) In the event this Agreement is terminated for any reason hereunder, Enova shall compensate Cash America for (i) Lead Referrals Cash America delivers to Enova through the date of termination, and
(ii) all Referral Commissions applicable to all Coupon Referrals Cash America delivers to Enova through the date of termination until the earlier to occur of (x) the end of Enova’s customer relationship with such Customer as provided
in Section 5(b) above, or (y) the end of the
24th month following the termination date of this
Agreement and during this period, Enova shall continue to provide Cash America with the Monthly Reports described in Section 5(c) and continue to pay Cash America the Referral Commissions applicable to all such Coupon Referrals, as set forth in
Section 5(b). 
 8. Indemnification. The parties agrees to be responsible for their own actions, and each party
agrees to indemnify, defend and hold harmless the other party and such other party’s directors, officers, employees and agents for, from and against all claims and losses of any type, including reasonable attorneys’ fees, in connection
with, in whole or in part: (i) any negligent act or omission by, or any willful misconduct on the part of, the indemnifying party; or (ii) the indemnifying party’s failure to comply with any applicable federal, state, or local law or
any breach of this Agreement by the indemnifying party. 
 9. Audit Rights. Cash America shall, during the Term and until
the later of (i) three (3) years after any termination of this Agreement, or (ii) such date on which all amounts due and owing by Enova to Cash America pursuant to this Agreement have been paid in full, have the right to audit and
inspect Enova’s books and records relating in any manner to the terms, conditions and performance of this Agreement. Enova shall, during the Term have the right to audit and inspect Cash America’s books and records, policies and procedures
and marketing activities as they relate to the terms, conditions and performance of this Agreement by Cash America. 
 10.
Intellectual Property. Nothing in this Agreement constitutes an agreement by a party to assign or otherwise convey title to any of its intellectual property rights to the other party. As between the parties, each party will retain full
ownership of and title to all intellectual property rights and related goodwill, in its respective URL addresses, domain names, 

  
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equipment, materials, hardware, software designs, works of authorship, inventions and other items provided by such party in connection with this Agreement. The parties also agree that any
intellectual property created solely by a party as a part of this Agreement shall be the sole and exclusive property of the creating party. 
 11. Limitation of Liability. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, UNDER NO CIRCUMSTANCES, INCLUDING NEGLIGENCE, SHALL EITHER PARTY HEREUNDER BE LIABLE FOR ANY INDIRECT, INCIDENTAL,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES INCURRED OR SUFFERED BY THE OTHER PARTY ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, INCLUDING WITHOUT LIMITATION LOST REVENUE, LOSS OF INCOME, OR LOSS OF BUSINESS ADVANTAGE, EVEN IF THE PARTY
SUFFERING SUCH DAMAGES, OR AN AUTHORIZED REPRESENTATIVE OF SUCH PARTY, HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 

12. Construction. The parties have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or
question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties and no presumption or burden of proof shall arise favoring or disfavoring any party because of the authorship of any provision of
this Agreement. Any reference to any federal, state, provincial, territorial, local, or foreign law shall be deemed also to refer to such law as amended and all rules and regulations promulgated thereunder, unless the context requires otherwise. Any
reference to any contract or agreement (including schedules, exhibits and other attachments thereto), including this Agreement, shall be deemed also to refer to such contract or agreement as amended, restated, or otherwise modified, unless the
context requires otherwise. The words “include,” “includes,” and “including” shall be deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders shall be construed to
include any other gender, and words in the singular form shall be construed to include the plural and vice versa, unless the context requires otherwise. The words “this Agreement,” “herein,” “hereof,”
“hereby,” “hereunder,” and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited. Where this Agreement states that a party “will” or
“shall” perform in some manner or otherwise act or omit to act, it means that such party is legally obligated to do so in accordance with this Agreement. The captions, titles, and headings included in this Agreement are for convenience
only and do not affect this Agreement’s construction or interpretation. Any reference to an Article, Section, or Schedule in this Agreement shall refer to an Article or Section of, or Schedule to, this Agreement, unless the context otherwise
requires. This Agreement is for the sole benefit of the parties and does not, and is not intended to, confer any rights or remedies in favor of any Person (including any employee, director, shareholder or third party lender or service provider of a
party) other than the parties. 
 13. Assignment. Except as set forth herein, neither party shall assign, transfer, or
otherwise alienate any or all of its rights or interest under this Agreement without the express prior written consent of the other party, which consent may be granted or withheld in such other party’s sole discretion; provided, however, that
the foregoing shall in no way restrict the performance of any of the terms or conditions of this Agreement by an affiliate or subsidiary of a party hereto to the extent the same is consistent with the intent of this Agreement. 

14. Entire Agreement. This Agreement and the Separation Agreement constitute the entire agreement between the parties with respect
to the subject matter hereof and supersede (a) all prior oral or written proposals or agreements, (b) all contemporaneous oral proposals or agreements, and (c) all previous negotiations and all other communications or understandings
between the parties, in each case with respect to the subject matter hereof. To the extent any portion of this Agreement conflicts, or is inconsistent, with any other Transaction Agreement, this Agreement shall control; provided,
however, that if there are any conflicting or inconsistent provisions in the Separation Agreement, the Separation Agreement shall control. 
 15. Notices. Any notice, instruction, direction or demand under the terms of this Agreement required to be in writing shall be duly given upon delivery, if delivered by hand, facsimile or other
generally accepted means of electronic transmission, or mail (with postage prepaid), to the following addresses: 
 If to
Enova to: 
 Enova International, Inc. 

200 W. Jackson Blvd., Suite 2400 
 Chicago, IL 60606 
 Fax No.: (312) 212-1657 

Attention: General Counsel 

  
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 If to Cash America to: 

Cash America International, Inc. 

1600 W. 7th Street, 9th Floor 
 Fort Worth, TX 76102 
 Fax No.: (817) 570-1647 

Attention: General Counsel 
 or to such other addresses or telecopy numbers as may be specified by like notice to the other party. 
 16. Governing Law. This Agreement shall be construed in accordance with and governed by the substantive internal laws of the State of Texas, excluding its conflicts of law rules. 

17. Severability. If any term or other provision of this Agreement shall be determined by a court, governmental authority, or
arbitrator to be invalid, illegal, or unenforceable, such invalidity, illegality, or unenforceability shall not render the entire Agreement invalid. Rather, this Agreement shall be construed as if not containing the particular invalid, illegal, or
unenforceable provision, and all other provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially
adverse to either party. Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the parties shall negotiate in good faith to modify this Agreement so as to give effect to the original intent of the parties as
closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the fullest extent permitted under applicable Law. 
 18. Amendment. This Agreement may only be amended by a written agreement executed by both parties. 
 19. Guarantees . Enova International, Inc. will cause to be performed and hereby guarantees the performance of any and all actions of each of its affiliates and subsidiaries to the extent such
actions are necessary or appropriate to effectuate the provisions of this Agreement. Cash America International, Inc. will cause to be performed and hereby guarantees the performance of any and all actions of each of its affiliates and subsidiaries
to the extent such actions are necessary or appropriate to effectuate the provisions of this Agreement. 
 20.
Counterparts. This Agreement may be executed in separate counterparts, each of which will be deemed an original and all of which, when taken together, will constitute one and the same agreement. Any signature affixed to this Agreement by a
party hereto may be delivered by such party to the other party via electronic or facsimile transmission and any party’s signature affixed to this Agreement that is delivered to the other party via an electronic or facsimile transmission shall
be treated as an original signature to this Agreement and will constitute an original counterpart of this Agreement. 
 21.
Authority. Each party represents to the other party that (a) it has the corporate power and authority to execute, deliver, and perform this Agreement, (b) the execution, delivery, and performance of this Agreement by it have been
duly authorized by all necessary corporate or other actions, (c) it has duly and validly executed and delivered this Agreement, and (d) this Agreement is its legal, valid, and binding obligation, enforceable against it in accordance with
its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws affecting creditors’ rights generally and general equity principles. 

22. Binding Effect. This Agreement binds and benefits the parties and their respective successors and permitted assigns. Other
than those Persons entitled to indemnity hereunder, there are no third party beneficiaries having rights under or with respect to this Agreement. 
 23. Waiver. A provision of this Agreement may be waived only by a writing signed by the party intended to be bound by the waiver. A party is not prevented from enforcing any right, remedy, or
condition in the party’s favor because of any failure or delay in exercising any right or remedy or in requiring satisfaction of any condition, except to the extent that the party specifically waives the same in writing. A written waiver given
for one matter or occasion is effective only in that instance and only for the purpose stated. A waiver once given is not to be construed as a waiver for any other matter or occasion. Any enumeration of a party’s rights and remedies in this
Agreement is not intended to be exclusive, and a party’s rights and remedies are intended to be cumulative to the extent permitted by law and include any rights and remedies authorized in law or in equity. 

  
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 24. Dispute Resolution. All disputes and controversies which may arise out of or in
connection with this Agreement and are not resolved through good faith negotiation shall be settled in accordance with the provisions of Article V of the Separation Agreement. 
 25. Relationship of Parties. This Agreement does not create a fiduciary relationship, partnership, joint venture, or relationship of trust or agency between the parties. 

26. Further Assurances. From time to time, each party agrees to execute and deliver such additional documents, and will provide
such additional information and assistance as any party may reasonably require to carry out the terms of this Agreement. 
 27.
Survival. The parties agree that the provisions of this Agreement that by their terms or nature are intended to survive the termination of this Agreement shall survive such termination. 

28. Effect if IPO Does Not Occur. If the IPO is terminated pursuant to the Underwriting Agreement (as defined in the Separation
Agreement), then all actions and events that are, under this Agreement, to be taken or occur effective as of the IPO Effective Date, or otherwise in connection with the IPO, will not be taken or occur except to the extent specifically agreed
otherwise by the parties hereto. 
 29. No Publicity. Neither party shall (a) use the other party’s trademarks,
logo or name in connection with any advertising materials, or (b) issue a press release announcing the parties’ business relationship, without the prior, written consent of the other party as to the context and content of such materials or
press release. Each party shall have the right to terminate its consent at any time and for any reason by providing written notice to the other party. 
 [Signatures on the following page] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be effective
as of the Effective Date. 
  

			
	CASH AMERICA:
	
	 CASH AMERICA INTERNATIONAL, INC.,
 a Texas corporation

		
	 By:
	 	 
	 Printed Name:
	 	 
	 Title:
	 	 
	
	ENOVA:
	
	 ENOVA INTERNATIONAL, INC.,
 a Delaware corporation

		
	 By:
	 	 
	 Printed Name:
	 	 
	 Title:
	 	 

  
 8Form of 2012 Long-Term Incentive Plan

 Exhibit 10.12 
 ENOVA INTERNATIONAL, INC. 
 2012 LONG-TERM INCENTIVE PLAN 

SECTION 1. PURPOSE 
 The
purpose of the Enova International, Inc. 2012 Long-Term Incentive Plan is to promote the interests of the Company and its stockholders by giving the Company a competitive advantage in attracting, retaining and motivating employees, officers,
consultants and Directors capable of assuring the future success of the Company, to offer such persons incentives that are directly linked to the profitability of the Company’s business and increases in stockholder value, to afford such persons
an opportunity to acquire a proprietary interest in the Company and to provide a means to assume and govern certain awards granted under the Cash America LTIP. 
 SECTION 2. DEFINITIONS 
 “Act” means the Securities Act of 1933,
as amended from time to time. 
 “Affiliate” means any entity that, directly or indirectly through one or more
intermediaries, is controlled by, controlling or under common control with the Company. 
 “Annual Election” has the
meaning set forth in Section 12(a) below. 
 “Applicable Laws” means the legal requirements relating to the
administration of stock and long term cash incentive plans, if any, under applicable provisions of federal securities laws, state corporate and securities laws, the Code, the rules of any applicable Exchange or national market system, and the rules
of any foreign jurisdiction applicable to Awards granted to residents therein. 
 “Award” means (i) a grant or
award granted under the Plan or (ii) an award granted under the Cash America LTIP before the Effective Date and assumed by the Company, all as evidenced by an Award Agreement. 

“Award Agreement” means any written or electronic agreement, contract or other instrument or document evidencing any Award
granted under the Plan or granted under the CAI LTIP and assumed by the Company. Each Award Agreement shall be subject to the applicable terms and conditions of the Plan and any other terms and conditions (not inconsistent with the Plan) determined
by the Committee. 
 “Board” means the Board of Directors of the Company. 

“Cash America LTIP” means the Cash America International, Inc. First Amended and Restated 2004 Long-Term Incentive Plan, as
Amended. 
 “Change in Control” means the occurrence of an event with respect to the Company or one or more of its
subsidiaries that qualifies under Code §409A as a “change in control event” and is set forth in the applicable Award Agreement or plan document pertaining to the Award. 

 “Code” means the Internal Revenue Code of 1986, as amended from time to time, and
any regulations promulgated thereunder. 
 “Committee” means the Management Development and Compensation Committee of
the Board or other committee or subcommittee of Directors designated by the Board or the Management Development and Compensation Committee to administer the Plan. For purposes of Awards that are intended to be qualified performance-based awards
under Section 162(m) of the Code, such Awards shall be approved and administered by a committee or a subcommittee that has been authorized by the Board or the Management Development and Compensation Committee to approve such Awards that is composed
solely of Outside Directors, with the number of Outside Directors on such committee or subcommittee to be not less than the number required under Section 162(m) of the Code to permit Awards to qualify under Section 162(m) of the Code. For purposes
of approving Awards that are to be qualified under Rule 16b-3, such Awards shall be approved either by (i) a committee or subcommittee that has been authorized by the Board or the Management Development and Compensation Committee to approve such
Awards and that is composed solely of “non-employee” Directors within the meaning of Rule 16b-3, with number of “non-employee” Directors on such committee or subcommittee to be not less than the number required under Rule 16b-3
for Awards to qualify under Rule 16b-3; or (ii) by the Board. 
 “Common Stock” or “Stock” means the
Common Stock of the Company. 
 “Company” means Enova International, Inc., a Delaware corporation. 

“Covered Employee” means a Participant designated prior to the grant of an Award by the Committee who is or may be a
“covered employee” within the meaning of Section 162(m)(3) of the Code in the year in which any such Award is granted or in the year in which such Award is expected to be deductible by the Company or an Affiliate (or deductible but
for a limitation under Section 162(m) of the Code). 
 “Designated Beneficiary” means the beneficiary designated
by the Participant, in a manner determined by the Committee, to receive amounts due the Participant in the event of the Participant’s death. In the absence of an effective designation by the Participant, the term “Designated
Beneficiary” means the Participant’s estate. 
 “Director” means a member of the Board, including any
Outside Director. 
 “Effective Date” has the meaning set forth in Section 15 of the Plan. 

“Eligible Individual” means any employee, officer, Director or consultant providing services to the Company or any Affiliate,
and prospective employees and consultants who have accepted offers of employment or consultancy from the Company or any Affiliate, whom the Committee determines to be an Eligible Individual. 

“Employee” means any person treated as an employee (including an officer or a Director who is also treated as an employee) in
the records of the Company or any Affiliate and, with respect to any Incentive Stock Option granted to such person, who is an employee for purposes of Section 422 of the Code; provided, however, that neither service as a Director nor payment of
a Director’s fee shall be sufficient to constitute employment for purposes of the Plan. The Company shall determine in good faith and in the exercise of its discretion whether an individual has become or has ceased to be an Employee and the
effective date of such individual’s employment or termination of employment without regard to any notice period or period of “garden leave,” as the case may be. For purposes of an individual’s rights, if any, under the Plan as of
the time of the Company’s determination, all such determinations by the Company shall be final, binding and conclusive, notwithstanding that the Company or any court of law or governmental agency subsequently makes a contrary determination.

  
 2 

 “Employer” means the Company or any Affiliate. 

“Exercise Price” has the meaning set forth in Section 6 of the Plan. 

“Exchange” means the New York Stock Exchange or such other national securities market or exchange as may at the time be the
principal market for the Shares as designated by the Committee. 
 “Exchange Act” means the Securities Exchange Act of
1934, as amended from time to time. 
 “Fair Market Value” means the closing price of the Common Stock on the last day
prior to the date in question on which the Stock was traded on an Exchange, or if the Shares were not traded on an Exchange on such date, then on the next preceding date on which the Shares are traded, all as reported by such source as the Committee
may select. Notwithstanding the foregoing, “Fair Market Value” on any day before the first day that Stock is traded on any Exchange shall be a price determined by the Committee in accordance with the requirements of Treasury Regulation
Section 1.409A-1(b)(5)(iv). 
 “Fees” has the meaning set forth in Section 12(a) below. 

“Grant Value” shall have the meaning set forth in Section 11(a) below. 

“Incentive Stock Option” means any Stock Option granted under Section 6 of the Plan that is designated as, and intended to
qualify as, an “incentive stock option” within the meaning of Section 422 of the Code. 
 “Nonqualified
Stock Option” means any Option granted under Section 6 of the Plan that is not an Incentive Stock Option. 

“Option” means an Incentive Stock Option or a Nonqualified Stock Option. 

“Outside Director” means any Director who qualifies as an “outside director” within the meaning of
Section 162(m) of the Code, as a “non-employee director” within the meaning of Rule 16b-3 and as an “independent director” within the meaning of the listing requirements of the Exchange. 

“Participant” means an Eligible Individual designated to be granted an Award under the Plan. 

“Performance Cycle” or “Cycle” means the period of time selected by the Committee during which performance is
measured for the purpose of determining the extent to which an award of Performance Shares or Performance Units has been earned. 

  
 3 

 “Performance Goals” means, for a Performance Cycle, the performance goals
established by the Committee in connection with the grant of an Award, with such goals to be stated as one or more objective formulas or standards established by the Committee for purposes of determining whether or the extent to which an Award has
been earned based on the level of performance attained or to be attained with respect to such goals. In the case of Qualified Performance-Based Awards, (i) the Performance Goals shall be stated in terms of one or more of the following objective
measures with respect to the Company or an Affiliate, or an Affiliate, subsidiary, division or department of the Company or an Affiliate: revenue growth; earnings before interest, taxes, depreciation, and amortization; earnings before interest and
taxes; operating income; pre- or after- tax income; pre- or after-tax income from continuing operations; pre-or after-tax income excluding extraordinary, unusual or non-recurring items; earnings per share; earnings per share from continuing
operations; earnings per share excluding extraordinary, unusual or non-recurring items; cash flow; cash flow per share; return on equity; return on invested capital; return on assets; economic value added (or an equivalent metric); share price
performance; total stockholder return; improvement in or attainment of expense levels; or improvement in or attainment of working capital levels; (ii) such Performance Goals shall be set by the Committee in writing within the time period
prescribed by Section 162(m) of the Code so that the outcome is substantially uncertain at the time the Performance Goals are established; and (iii) after the end of each Performance Cycle, the Committee shall certify in writing the extent
to which such Performance Goals were achieved for the Performance Cycle and the amount of the Qualified Performance-Based Award to be paid to each Participant. Such Performance Goals may be expressed in absolute or relative terms, including, without
limitation, relative to a base period and/or to the performance of other companies. 
 “Performance Share” means a
bookkeeping entry that records the equivalent of one Share granted to a Participant under Section 8 of the Plan. 

“Performance Unit” means an Award granted to a Participant under Section 8 of the Plan that is denominated in cash, the
amount of which may be based on the achievement of the applicable Performance Goals. 
 “Plan” means the Enova
International, Inc. 2012 Long-Term Incentive Plan as the same may be hereinafter amended pursuant to the terms hereof. 

“Qualified Performance-Based Award” means an Award of Restricted Stock, Restricted Stock Units, Performance Shares or
Performance Units designated as such by the Committee at the time of grant, based upon a determination that (i) the recipient is or may be a Covered Employee in the year in which the Company would expect to be able to claim a tax deduction with
respect to such Restricted Stock, Restricted Stock Units, Performance Shares or Performance Units and (ii) the Committee wishes such Award to qualify for the Section 162(m) Exemption. 

“QDRO” has the meaning set forth in Section 14(l). 

  
 4 

 “Restricted Period” means the period of time selected by the Committee during
which a grant of Restricted Stock or Restricted Stock Units may be forfeited to the Company. 
 “Restricted Stock”
means shares of Common Stock contingently granted to a Participant under Section 9 of the Plan. 
 “Restricted Stock
Unit” means any unit granted under Section 9 of the Plan evidencing the right to receive a Share (or the cash payment equal to the Fair Market Value of a Share) at some future date. 

“Rule 16b-3” means Rule 16b-3, as promulgated by the Securities and Exchange Commission under Section 16(b) of the
Exchange Act, as amended from time to time. 
 “Section 162(m) Exemption” means the exemption from the limitation on
deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code. 

“Separation from Service” or “Separate from Service” means a separation from service as defined in Code
Section 409A. For purposes of determining whether a Separation from Service has occurred, the “Company” shall include the Company and all entities that would be treated as a single employer with the Company under Code Sections 414(b)
or (c), but substituting “at least 50 percent” instead of “at least 80 percent” each place it appears in applying such rules. 
 “Share” or “Shares” means a share or shares of Common Stock. 

“Stock Appreciation Right” means a right granted under Section 7 of the Plan. 

“Stock Unit Award” means an award of Common Stock or units granted under Section 10 of the Plan. 

“Stockholders Meeting” means the annual meeting of stockholders of the Company in each year, excluding any meeting of
stockholders of the Company that occurs before the first date on which the Common Stock is traded on an Exchange. 
 SECTION 3.
ADMINISTRATION 
 (a) POWER AND AUTHORITY OF THE COMMITTEE. The Plan shall be administered by the Committee. Subject to the
terms of the Plan and to applicable law, the Committee shall have full power and authority to: 
 (i) designate Participants;

 (ii) determine whether and to what extent any type (or types) of Award is to be granted hereunder; 

  
 5 

 (iii) determine the number of Shares to be covered by (or the method by which payments or
other rights are to be determined in connection with) each Award; 
 (iv) determine the terms and conditions of any Award or
Award Agreement; 
 (v) subject to Section 13 hereof, amend the terms and conditions of any Award or Award Agreement and
accelerate the vesting and/or exercisability of any Option or waive any restrictions relating to any Award; PROVIDED, HOWEVER, that (A) except for adjustments pursuant to Section 5(c) of the Plan, in no event may any Option granted under
this Plan be (x) amended to decrease the Exercise Price thereof, (y) cancelled in conjunction with the grant of any new Option with a lower Exercise Price, or (z) otherwise subject to any action that would be treated, for accounting
purposes, as a “repricing” of such Option, unless such amendment, cancellation, or action is approved by the stockholders of the Company to the extent required by applicable law and Exchange rules and (B) the Committee may not adjust
upward the amount payable to a Covered Employee with respect to a Qualified Performance-Based Award or waive or alter the Performance Goals associated therewith or herewith in a manner that would cause such Award to cease to qualify for the
Section 162(m) Exemption; 
 (vi) determine whether, to what extent and under what circumstances the exercise price of
Awards may be paid in cash, Shares, other securities, other Awards or other property; 
 (vii) determine at the time of grant
whether, to what extent and under what circumstances cash, Shares, other securities, other Awards, other property and other amounts payable with respect to an Award under the Plan shall be deferred either automatically or at the election of the
holder thereof, subject to the requirements of Code Section 409A; 
 (viii) interpret and administer the Plan and any
instrument or agreement, including an Award Agreement, relating to the Plan; 
 (ix) adopt, alter, suspend, waive or repeal such
rules, guidelines and practices and appoint such agents as it shall deem advisable or appropriate for the proper administration of the Plan; and 
 (x) make any other determination and take any other action that the Committee deems necessary or desirable for the administration of the Plan. Unless otherwise expressly provided in the Plan, all
designations, determinations, interpretations and other decisions under or with respect to the Plan or any Award or Award Agreement shall be within the sole discretion of the Committee, may be made at any time, and shall be final, conclusive and
binding upon all persons, including without limitation, the Company, its Affiliates, subsidiaries, stockholders, Eligible Individuals and any holder or beneficiary of any Award. 

(b) ACTION BY THE COMMITTEE; DELEGATION. Except to the extent prohibited by applicable law or the applicable rules of an Exchange, the
Committee may delegate all or any part of its duties and powers under the Plan to one or more persons, including 

  
 6 

 
Directors or a committee of Directors, subject to such terms, conditions and limitations as the Committee may establish in its sole discretion; PROVIDED, HOWEVER, that the Committee shall not
delegate its powers and duties under the Plan (i) with regard to officers or Directors of the Company or any Affiliate who are subject to Section 16 of the Exchange Act or (ii) in a manner that would cause an Award designated as a
Qualified Performance-Based Award not to qualify for, or to cease to qualify for, the Section 162(m) Exemption; and PROVIDED, FURTHER, that any such delegation may be revoked by the Committee at any time. 

(c) POWER AND AUTHORITY OF THE BOARD. Notwithstanding anything to the contrary contained herein, except to the extent that the grant or
exercise of such authority would cause any Award or transaction to become subject to (or lose an exemption under) the short-swing profit recovery provisions of Section 16 of the Exchange Act or cause an Award designated as a Qualified
Performance-Based Award not to qualify for, or to cease to qualify for, the Section 162(m) Exemption, the Board may, at any time and from time to time, without any further action of the Committee, exercise the powers and duties of the Committee
under the Plan. To the extent that any permitted action taken by the Board conflicts with action taken by the Committee, the Board action shall control. 
 SECTION 4. ELIGIBILITY 
 Any Eligible Individual shall be eligible to be
designated a Participant. In determining which Eligible Individuals shall receive an Award and the terms of any Award, the Committee may take into account the nature of the services rendered by the respective Eligible Individuals, their present and
potential contributions to the success of the Company, or such other factors as the Committee, in its discretion, shall deem relevant. Notwithstanding the foregoing, Incentive Stock Options may be granted only to full-time or part-time Employees
(which term as used herein includes, without limitation, officers and Directors who also are Employees), and an Incentive Stock Option shall not be granted to an Employee of an Affiliate unless such Affiliate also is a “subsidiary
corporation” of the Company within the meaning of Section 424(f) of the Code or any successor provision. 
 SECTION 5. SHARES
AVAILABLE FOR AWARDS 
 (a) SHARES AVAILABLE. Subject to adjustment as provided in Section 5(c) of the Plan, the
aggregate number of Shares that may be issued under the Plan shall be                      Shares. Shares that may be issued under the Plan
may be authorized but unissued Shares or Shares held in treasury. Notwithstanding the foregoing, the number of Shares available for granting Incentive Stock Options under the Plan shall not exceed
                    , subject to adjustment as provided in Section 5(c) of the Plan and subject to the provisions of Section 422 or
424 of the Code or any successor provision. 
 (b) ACCOUNTING FOR AWARDS. For purposes of this Section 5, if an Award
entitles the holder thereof to receive or purchase Shares, the number of Shares covered by such Award or to which such Award relates shall be counted on the date of grant of such Award 

  
 7 

 
against the aggregate number of Shares available for granting Awards under the Plan. Any Shares that are used by a Participant as full or partial payment to the Company of the purchase price
relating to an Award, including in connection with the satisfaction of tax obligations relating to an Award, shall not be available for granting future Awards under the Plan. In addition, Shares covered by an Award or to which an Award relates that
are (a) not purchased, (b) forfeited, or (c) not delivered to the Participant if an Award otherwise terminates, shall not be available for granting future Awards under the Plan. 

(c) ADJUSTMENTS. In the event of any change in corporate capitalization (including, but not limited to, a change in the number of Shares
outstanding), such as a stock split-up or stock dividend, a recapitalization, a combination or exchange of Shares or a corporate transaction, such as any merger, consolidation, separation, including a spin-off, or other distribution of stock or
property of the Company (including any extraordinary cash or stock dividend), any reorganization (whether or not such reorganization comes within the definition of such term in Section 368 of the Code) or any partial or complete liquidation of
the Company, the Committee or Board may make such substitution or adjustments in the aggregate number and kind of shares reserved for issuance under the Plan, and the maximum limitation upon Stock Options and Stock Appreciation Rights and other
Awards to be granted to any Participant, in the number, kind and Exercise Price of shares subject to outstanding Stock Options and Stock Appreciation Rights, in the number and kind of shares subject to other outstanding Awards granted under the Plan
and/or such other equitable substitution or adjustments as it may determine to be appropriate in its sole discretion (including, without limitation, the provision of an amount in cash in consideration for any such Awards); PROVIDED, HOWEVER, that
the number of shares subject to any Award shall always be a whole number. Without limiting the generality of the foregoing, in connection with any Disaffiliation of a subsidiary of the Company, the Committee shall have the authority to arrange for
the assumption or replacement of Awards with new awards based on shares of the affected subsidiary or by an affiliate of an entity that controls the subsidiary following the Disaffiliation. For purposes hereof, “Disaffiliation” of a
subsidiary means the subsidiary’s ceasing to be a subsidiary of the Company for any reason (including, without limitation, as a result of a public offering, spinoff, sale or other distribution or transfer by the Company of the stock of the
subsidiary). Any actions taken under this subsection (c) shall be made in accordance with the applicable restrictions of Code Section 409A, including with regard to the adjustment of stock options and stock appreciation rights that are
considered exempt from Code Section 409A. 
 (d) AWARD LIMITATIONS. Subject to Section 5(c), no more than 100,000
shares of Common Stock may be subject to Qualified Performance-Based Awards granted to any Eligible Individual, including a Covered Employee, in any calendar year. Subject to Section 5(c), the maximum number of Shares with respect to which
Options and Stock Appreciation Rights may be granted to any Eligible Individual, including a Covered Employee, in any one calendar year shall be 200,000. The amount of compensation that may be paid to any Eligible Individual, including a Covered
Employee, under Performance Units granted in any one calendar year that are intended to be Qualified Performance-Based Awards may not exceed $6,000,000 in any calendar year. 

  
 8 

 SECTION 6. STOCK OPTIONS 
 (a) GRANT. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to determine the Eligible Individuals to whom Options shall be granted (which may be Nonqualified
Stock Options or Incentive Stock Options), the number of shares to be covered by each Option, the exercise price for each Option, and the conditions and limitations applicable to the exercise of each Option. In the case of Incentive Stock Options,
the terms and conditions of such grants shall be subject to and comply with such rules as may be prescribed by Section 422 of the Code. 
 (b) EXERCISE PRICE. The “Exercise Price” per Share purchasable under an Option shall be determined by the Committee; PROVIDED, HOWEVER, that such Exercise Price shall not be less than 100% of
the Fair Market Value of a Share on the date of grant of such Option. 
 (c) TIME AND METHOD OF EXERCISE. The Committee shall
determine the time or times at which an Option may be exercised in whole or in part and the method or methods by which, and the form or forms (including, without limitation, cash, Shares, other securities, other Awards or other property, or any
combination thereof, having a Fair Market Value on the exercise date equal to the applicable Exercise Price) in which, payment of the Exercise Price with respect thereto may be made or deemed to have been made. 

(d) OPTION TERM. The term of each Stock Option shall be fixed by the Committee at the time of grant, but in no event shall be more than
10 years from the date of grant. 
 (e) INCENTIVE STOCK OPTIONS. The Committee may designate Options as Nonqualified Stock
Options or as Incentive Stock Options. Any Incentive Stock Option authorized under the Plan shall contain such provisions as the Committee shall deem advisable, but shall in all events be consistent with and contain all provisions required in order
to qualify the Stock Option as an Incentive Stock Option. To the extent that any Stock Option is not designated as an Incentive Stock Option or even if so designated does not qualify as an Incentive Stock Option on or subsequent to its grant date,
it shall constitute a Nonqualified Stock Option. 
 SECTION 7. STOCK APPRECIATION RIGHTS 

The Committee is hereby authorized to grant Stock Appreciation Rights to Eligible Individuals subject to the terms of the Plan. Each Stock
Appreciation Right granted under the Plan shall confer on the holder upon exercise the right to receive, as determined by the Committee, cash or a number of Shares or a combination of cash and Shares having a Fair Market Value on the date of
exercise equal to the excess of (A) the Fair Market Value of one Share on the date of exercise (or, if the Committee shall so determine at the time of grant, the average selling price of one Share during a specified period that is within 30
days before or 30 days after the date of exercise) over (B) the grant price of the Stock Appreciation Right, which grant price shall not be less than 100% of the Fair Market Value of one Share on the date of grant of the Stock Appreciation
Right. Subject to the terms of the Plan, the grant price, term, methods 

  
 9 

 
of exercise, dates of exercise, medium of settlement, the effect of termination of employment (by reason of death, disability, retirement or otherwise) on the exercisability and any other terms
and conditions (including conditions or restrictions on the exercise thereof) of any Stock Appreciation Right shall be as determined by the Committee, PROVIDED, that in no event shall the term of a Stock Appreciation Right be longer than ten years.

 SECTION 8. PERFORMANCE SHARES AND PERFORMANCE UNITS 
 (a) The Committee shall have sole and complete authority to determine the Eligible Individuals who shall receive Performance Shares and Performance Units, the number of such shares or units for each
Performance Cycle, the Performance Goals and Performance Measures on which each Award shall be contingent, and the duration of each Performance Cycle. There may be more than one Performance Cycle in existence at any one time, and the duration of
Performance Cycles may differ from each other. The Committee may, prior to or at the time of the grant, designate Awards of Performance Shares or Performance Units as Qualified Performance-Based Awards, in which event it shall condition the
settlement thereof upon the Committee’s certification that the amount to be paid under each such Award has been earned on the basis of performance achieved in relation to the established Performance Goals applicable to that Award. 

(b) The Committee shall establish Performance Goals for each Cycle on the basis of such criteria and to accomplish such objectives as the
Committee may from time to time select. 
 (c) As soon as practicable after the end of a Performance Cycle, the Committee shall
determine the number of Performance Shares or Performance Units which have been earned under each Award on the basis of performance in relation to the established Performance Goals. 

(d) Except as otherwise provided under the terms of an Award and subject to the requirements of Code Section 409A, payment in
respect of earned Performance Shares or Performance Units shall be distributed to the Participant or, if the Participant has died, to the Participant’s Designated Beneficiary, as soon as practicable after the expiration of the Performance Cycle
and the Committee’s determination under paragraph (c) above. The Committee shall determine whether payment is to be made in the form of cash or Shares. 
 SECTION 9. RESTRICTED STOCK AND RESTRICTED STOCK UNITS 
 The Committee is
hereby authorized to grant Restricted Stock and Restricted Stock Units to Eligible Individuals with the following terms and conditions and with such additional terms and conditions not inconsistent with the provisions of the Plan as the Committee
shall determine: 
 (i) RESTRICTIONS. Shares of Restricted Stock and Restricted Stock Units shall be subject to such
restrictions as the Committee may impose (including, without limitation, limitation on transfer, forfeiture conditions, limitation on the right to vote a Share of Restricted Stock or the right to receive any dividend or other right or property with
respect thereto), which restrictions may lapse separately or in combination at such time or times, in such installments or 

  
 10 

 
otherwise as the Committee may deem appropriate. The grant or vesting of Restricted Stock and Restricted Stock Units may be performance-based or time-based or both. Restricted Stock and
Restricted Stock Units may be Qualified Performance-Based Awards, in which event the grant or vesting, as applicable, of such Restricted Stock or Restricted Stock Units shall be conditioned upon the attainment of Performance Goals and the
Committee’s certification that the Performance Goals have been met. 
 (ii) STOCK CERTIFICATES; DELIVERY OF SHARES.

 (A) Any Restricted Stock granted under the Plan shall be evidenced in such manner as the Committee may deem appropriate,
including book-entry registration or issuance of one or more stock certificates. Any certificate issued in respect of shares of Restricted Stock shall be registered in the name of such Participant and shall bear an appropriate legend referring to
the applicable Award Agreement and possible forfeiture of such shares of Restricted Stock. The Committee may require that the certificates evidencing such shares be held in custody by the Company until the restrictions thereon shall have lapsed and
that, as a condition of any Award of Restricted Stock, the Participant shall have delivered a stock power, endorsed in blank, relating to the Shares covered by such Award. 
 (B) In the case of Restricted Stock Units, no Shares or other property shall be issued at the time such Awards are granted. Upon the lapse or waiver of restrictions and the restricted period relating to
Restricted Stock Units (or at such later time as may be determined by the Committee and specified at the time of grant in accordance with the requirements of Code Section 409A), Shares or other cash or property shall be issued to the holder of
the Restricted Stock Units and evidenced in such manner as the Committee may deem appropriate, including book-entry registration or issuance of one or more stock certificates. 
 (iii) FORFEITURE. Except as otherwise determined by the Committee, upon a Participant’s termination of employment (as determined under criteria established by the Committee) during the applicable
restriction period, all applicable Shares of Restricted Stock and Restricted Stock Units at such time subject to restriction shall be forfeited and reacquired by the Company. 
 SECTION 10. OTHER STOCK-BASED AWARDS 
 (a) In addition to granting Options,
Stock Appreciation Rights, Performance Shares, Restricted Stock and Restricted Stock Units, the Committee shall have authority to grant to Participants Stock Unit Awards that can be in the form of Common Stock or units, the value of which is based,
in whole or in part, on the value of Common Stock. Subject to the provisions of the Plan, including Section 10(b) below, Stock Unit Awards shall be subject to such terms, restrictions, conditions, vesting requirements and payment rules (all of
which are sometimes hereinafter collectively referred to as “rules”) as the Committee may determine in its sole and complete discretion at the time of grant. The rules need not be identical for each Stock Unit Award. 

  
 11 

 (b) In the sole and complete discretion of the Committee, a Stock Unit Award may be granted
subject to the following rules: 
 (1) Any shares of Common Stock which are part of a Stock Unit Award may not be assigned,
sold, transferred, pledged or otherwise encumbered prior to the date on which the Shares are issued or, if later, the date provided by the Committee at the time of grant of the Stock Unit Award. 

(2) Stock Unit Awards may provide for the payment of cash consideration by the person to whom such Award is granted or provide that the
Award, and any Common Stock to be issued in connection therewith, if applicable, shall be delivered without the payment of cash consideration, provided that for any Common Stock to be purchased in connection with a Stock Unit Award the purchase
price shall be at least 50% of the Fair Market Value of such Common Stock on the date such Award is granted. 
 (3) Stock Unit
Awards may relate in whole or in part to certain performance criteria established by the Committee at the time of grant. 
 (4)
At the time of grant and subject to the requirements of Code Section 409A, Stock Unit Awards may provide for deferred payment schedules. Stock Unit Awards may also provide for vesting over a specified period of employment. 

(5) In such circumstances as the Committee may deem advisable, the Committee may waive or otherwise remove, in whole or in part, any
restriction or limitation to which a Stock Unit Award was made subject at the time of grant. 
 (c) In the sole and complete
discretion of the Committee, an Award, whether made as a Stock Unit Award under this Section 10 or as an Award granted pursuant to Sections 6 through 9, may provide the Participant with (i) dividends or dividend equivalents (payable on a
current or deferred basis) and/or (ii) cash payments in lieu of or in addition to an Award, subject to the following rules: 
 (1) Cash payments, dividends or dividend equivalents shall be payable at the time and pursuant to the payment schedule specified by the Committee at the time of grant, subject to the requirements of
Section 409A, or, if the Committee does not provide a time and schedule of payment at the time of grant, (A) any dividends or dividend equivalents shall be payable in a lump sum on the date the dividend is payable to stockholders
generally, and (B) cash payments shall be payable in a lump sum within 90 days after the Participant’s Separation from Service; provided, to the extent required by Code Section 409A, no such cash payment will be made within the
6-month period following Separation from Service for a Participant who is a “specified employee,” as defined in Code Section 409A, on the date of his or her Separation from Service. 

(2) Payment of dividends or dividend equivalents with respect to an Option or Stock Appreciation Right (but not with respect to any
Shares issued with respect to such Option 

  
 12 

 
or Stock Appreciation Right) shall not be conditioned on the exercise of an Option or Stock Appreciation Right. 
 (3) Cash payments shall not be conditioned on the exercise of an Option or Stock Appreciation Right or otherwise be structured in such a way as to reduce the exercise price of the Option or Stock
Appreciation Right. 
 (4) To the extent that the Award provides for deferred compensation subject to Section 409A(a)(2),
any cash payments provided in lieu of an Award may not change the timing of payment of such Award. 
 SECTION 11. OUTSIDE DIRECTORS’
RESTRICTED STOCK UNITS 
 (a) GRANT OF RESTRICTED STOCK UNITS. Each Outside Director who is a member of the Board as of the
conclusion of a Stockholders Meeting shall automatically be granted Restricted Stock Units for shares of Common Stock on the date of such Stockholders Meeting, with the number of shares to be determined by dividing the applicable Grant Value by the
Fair Market Value of the Stock on that date. As used herein, “Grant Value” means the value for the annual grant authorized by the Board, from time to time; provided, however, in no event shall the Grant Value exceed $150,000 per calendar
year. 
 (b) TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS. Restricted Stock Units granted pursuant to this Section 11
shall vest in substantially equal 25% increments on the first day of the calendar month of each of the first four anniversaries of the date of grant. Recipients of Restricted Stock Units granted pursuant to this Section 11
(“Recipients”) will only be entitled to receive Shares of Common Stock relating to vested Restricted Stock Units. Upon a Change in Control, all unvested Restricted Stock Units shall automatically vest and Recipients shall be entitled to
receive all such vested Restricted Stock Units as of such Change in Control. Additionally, all unvested Restricted Stock Units shall automatically vest if Recipient’s termination of service from the Board is (a) due to Recipient’s
death, or (b) after Recipient has served continuously on the Board (i) for at least five (5) years as of the time of termination, and (ii) for at least 360 days from and after the date such Restricted Stock Units are granted.

 (c) The Restricted Stock Units granted pursuant to this Section 11 shall be subject to such other terms and conditions
as the Committee may specify. 
 SECTION 12. DIRECTORS’ SHARES 

(a) ELECTION GENERALLY. Each Director may make an election (the “Annual Election”) to have payment of the annual retainer,
meeting fees and committee meeting fees (collectively, the “Fees”) (or any portion thereof, as permitted in Section 12(d) below) he or she earns during a calendar year deferred under the Plan. Such election may be made in writing,
through an interactive telephone or internet-based system or in such other manner as the Committee may prescribe. 

  
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 (b) TIMING OF ELECTION. 

(A) General. A Director’s Annual Election for the Fees earned during a calendar year must be made before the
first day of such calendar year and within the enrollment period established by the Committee, except as provided in subsection (B). 
 (B) New Directors. If an individual initially becomes a Director during a calendar year, such individual may make a prospective Annual Election within 30 days after the date on which he is elected
as a Director. Such election will apply to the Director’s Fees for services performed after the effective date of the election, so that the election will apply to the quarterly retainer for the first quarter beginning after the date of the
election. This subsection (B) shall not apply to any Director who has been an Employee or a Director of the Company or an Affiliate within three (3) years prior to his election as a Director. 

(c) TERM OF ELECTION. Upon the latest of the deadlines specified in (b) above that applies to a Director, such Director’s
Annual Election, or failure to elect, shall become irrevocable for the calendar year except as provided under this subsection (c). Each Director’s Annual Election for a calendar year shall remain in effect for such calendar year and all
subsequent calendar years until the earlier of (i) the date the Director Separates from Service, or (ii) the effective date of the Director’s subsequent irrevocable Annual Election for amounts earned during a subsequent calendar year.
The Annual Election may be cancelled in the discretion of the Committee as permitted under Code Section 409A. 
 (d)
AMOUNT. A Director may elect to defer his Fees in 10% increments, up to a maximum of 100 percent (or such other maximum percentage and/or amount, if any, established by the Committee from time to time). 

(e) ACCOUNTS AND CREDITING OF CONTRIBUTIONS. All Fees deferred under this Section 12 shall be converted into Shares of Common Stock
of the Company on the last trading day of the calendar month in which the Fees are earned or as soon as practicable thereafter. Such Shares shall be credited to a bookkeeping account for the Director. 

(f) RABBI TRUST. Each time Fees are converted to Shares and deferred under the Plan, the Company shall deposit an equal number of Shares
in a Rabbi trust. The certificates for Common Stock shall be issued in the name of the trustee of the trust. The trustee shall retain all dividends (which shall be reinvested in shares of Common Stock) and other distributions paid or made with
respect thereto in the trust, and shall adjust the Director’s accounts for such amounts. The shares credited to the account of a Director shall remain subject to the claims of the Company’s creditors, and the interests of the Director in
his or her account under the Plan may not be anticipated, alienated, sold, assigned, transferred, pledged, encumbered, attached or garnished by creditors of such Director, except by will or by the laws of descent and distribution. Notwithstanding
the foregoing, no assets will be set aside to fund benefits under the Plan if such 

  
 14 

 
setting aside would be treated as a transfer of property under Code Section 83 pursuant to Code Section 409A(b). 

(g) DISTRIBUTIONS. 
 (i) General Timing and Schedule of Distributions. Any portion of a Director’s account under this Section for which no election is made pursuant to subsection (ii) below shall be paid in a
single sum (A) except as provided in clause (B) of this paragraph, within 60 days after the Director Separates from Service; or (B) in the case of a Director who is a specified employee (as defined in Code Section 409A) on the
date of his or her Separation from Service, to the extent required by Code Section 409A, six months after the date the Director Separates from Service. 
 (ii) Payment Election. A Director may elect, at the time he makes an Annual Election, to have the portion of his account balance attributable to such Annual Election distributed in accordance with
one of the following options (in each case, provided that, in the case of a Director who is a specified employee (as defined in Code Section 409A) on the date of his or her Separation from Service, to the extent required by Code
Section 409A, no payment will be made earlier than six months after the date the Director Separates from Service): 
 (A) In a single sum within 60 days after the later of (i) a date selected by the Director that is on or before the Director’s 65th birthday, and specified in the Annual Election, or (ii) the date of the Director’s Separation from Service;
or 
 (B) In substantially equal annual installments paid over a number of years (not less than 2 and not more
than 20) specified in the Annual Election, beginning within 60 days after the date the Director Separates from Service. 
 (iii)
Medium of Payment. Distribution of a Director’s account under this Section shall be made in shares of Common Stock; provided, any fractional shares of Common Stock shall be distributed in cash. 

SECTION 13. AMENDMENT AND TERMINATION 
 (a) AMENDMENTS TO THE PLAN. The Board may amend, alter, suspend, discontinue or terminate the Plan at any time; PROVIDED, HOWEVER, that no amendment, alteration, suspension, discontinuance or termination
may be made that would cause a Participant to become subject to tax under Code Section 409A(a)(1), and, notwithstanding any other provision of the Plan or any Award Agreement, without the approval of the stockholders of the Company, no
amendment, alteration, suspension, discontinuation or termination shall be made that, absent such approval: 
 (i) requires
stockholder approval under the rules or regulations of the Exchange that are applicable to the Company; 

  
 15 

 (ii) increases the number of Shares authorized under the Plan as specified in
Section 5(a) of the Plan, except as permitted under Section 5(c) of the Plan; or 
 (iii) without such stockholder
approval, would cause the Company to be unable, under the Code, to grant Incentive Stock Options under the Plan. 
 (b)
AMENDMENTS TO AWARDS. The Committee may waive any conditions of or rights of the Company under any outstanding Award, prospectively or retroactively. Except as otherwise provided herein or in an Award Agreement, the Committee may not amend, alter,
suspend, discontinue or terminate any outstanding Award, prospectively or retroactively, if such action would (i) adversely affect the rights of the holder of such Award, without the consent of the Participant or holder or beneficiary thereof;
or (ii) cause a Qualified Performance-Based Award to cease to qualify for the Section 162(m) Exemption; or (iii) cause the Participant to become subject to tax under Code Section 409A(a)(1); or (iv) cause an Option or a
Stock Appreciation Right to become nonqualified deferred compensation subject to Code Section 409A(a)(2). 
 (c) CORRECTION
OF DEFECTS, OMISSIONS AND INCONSISTENCIES. The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award in the manner and to the extent it shall deem desirable to carry out the intent of the Plan.

 SECTION 14. GENERAL PROVISIONS 
 (a) WITHHOLDING. No later than the date as of which an amount first becomes includible in the gross income of a Participant for federal income tax purposes (or the income tax laws of any other foreign
jurisdiction) with respect to any Award under the Plan, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, any federal, state, local or foreign taxes of any kind required by law to be
withheld with respect to such amount. The obligations of the Company under the Plan shall be conditional on such payment or arrangements, and the Company and its Affiliates shall, to the extent permitted by law, be entitled to take such action and
establish such procedures as it deems appropriate to withhold or collect all applicable payroll, withholding, income or other taxes from such Participant. In order to assist a Participant in paying all or a portion of the federal, state, local and
foreign taxes to be withheld or collected upon exercise, settlement or receipt of (or the lapse of restrictions relating to) an Award, the Committee, in its discretion and subject to such additional terms and conditions as it may adopt, may permit
the Participant to satisfy such tax obligation by (i) electing to have the Company withhold a portion of the Shares or other property otherwise to be delivered upon exercise, settlement or receipt of (or the lapse of restrictions relating to)
such Award with a Fair Market Value equal to the amount of such taxes or (ii) delivering to the Company Shares or other property (other than Shares or other property issuable upon exercise, settlement or receipt of or the lapse of restrictions
relating to) such Award with a Fair Market Value equal to the amount of such taxes, PROVIDED that, in either case, not more 

  
 16 

 
than the legally required minimum withholding may be settled with Shares. Any such election must be made on or before the date that the amount of tax to be withheld is determined. 

(b) AWARDS. Each Award hereunder shall be evidenced by an Award Agreement, delivered to the Participant and shall specify the terms and
conditions thereof and any rules applicable thereto, including but not limited to the effect on such Award of the death, retirement or other termination of employment of the Participant and the effect thereon, if any, of a Change in Control of the
Company. 
 (c) NO RIGHTS TO AWARDS. No Eligible Individual or other person shall have any claim to be granted any Award under
the Plan, and there is no obligation for uniformity of treatment of Eligible Individuals or holders or beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to any Participant or with respect to
different Participants. 
 (d) NO RIGHT TO EMPLOYMENT. No person shall have any claim or right to be granted an Award, and the
grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the Employer. Further, the Employer expressly reserves the right at any time to dismiss a Participant free from any liability, or any claim
under the Plan, except as provided herein or in any agreement entered into with respect to an Award. 
 (e) NO RIGHTS AS
STOCKHOLDER. Subject to the provisions of the applicable Award, no Participant or Designated Beneficiary shall have any rights as a stockholder with respect to any shares of Common Stock to be distributed under the Plan until he or she has become
the holder thereof. Notwithstanding the foregoing, in connection with each grant of Restricted Stock or Stock Unit Award hereunder, the applicable Award shall specify if and to what extent the Participant shall not be entitled to the rights of a
stockholder in respect of such Restricted Stock or Stock Unit Award. 
 (f) CONSTRUCTION OF THE PLAN. The validity,
construction, interpretation, administration and effect of the Plan and of its rules and regulations, and rights relating to the Plan, shall be determined solely in accordance with the laws of the State of Illinois. 

(g) CHANGE IN CONTROL. In order to preserve a Participant’s rights under an Award in the event of a Change in Control, the Committee
in its discretion may, at the time an Award is made or any time thereafter, take one or more of the following actions: (i) provide for the acceleration of any time period relating to the exercise of the Award, (ii) provide for the purchase
of the Award upon the Participant’s request for an amount of cash or other property that could have been received upon the exercise or realization of the Award had the Award been currently exercisable or payable, (iii) adjust the terms of
the Award in a manner determined by the Committee to reflect the Change in Control, (iv) cause the Award to be assumed, or new rights substituted therefore, by another entity, or (v) make such other provision as the Committee may consider
equitable and in the best interests of the Company. No actions may be taken under 

  
 17 

 
this subsection (g) that would cause the Participant to become subject to tax under Code Section 409A(a)(1). 
 (h) COMPENSATION RECOVERY. Notwithstanding anything in the Plan to the contrary, in the event that the Company is required to materially restate its financial results due to the Company’s material
noncompliance with any financial reporting requirement under Federal securities laws, excluding a restatement of such financial results due solely to a change in generally accepted accounting principles in the United States or such other accounting
principles that may be adopted by the Securities and Exchange Commission and are or become applicable to the Company, the Committee may, in its discretion or as necessary to comply with applicable law, (a) cancel part or all of the outstanding
portion of any Award, whether or not vested, and/or (b) require a Participant to repay the Company an amount equal to all or any portion of the value of Shares that have been issued and other payments that have been made to the Participant
pursuant to any Award within the three years preceding the date on which the Company is required to prepare an accounting restatement, to the extent that such value or payment amount was based on the erroneous data and exceeded the value or amount
that would have been paid to the Participant under the accounting restatement. Such cancellation or repayment obligation shall be effective as of the date specified by the Committee. Any repayment obligation shall be satisfied in cash or in such
other form of consideration, such as Shares, permitted by applicable law and acceptable to the Committee, and the Committee may provide for an offset to any future payments owed by the Company or its Affiliates to the Participant if necessary to
satisfy the repayment obligation; provided however, that if any such offset is prohibited under applicable law, the Committee shall not permit any such offset and may require immediate repayment by the Participant. Notwithstanding the foregoing, to
the extent required to comply with applicable law, Exchange listing requirements, and/or any compensation recovery or clawback policy adopted by the Company after the Effective Date, the Company may unilaterally amend this Section 14(h) and
such amendment shall be binding on all Participants; provided, however, regardless of whether the Company makes such a unilateral amendment, all Participants shall be bound by any compensation recovery or clawback policy adopted by the Company after
the Effective Date. 
 (i) FORMS OF PAYMENT UNDER AWARDS. 

(i) Generally. Subject to the terms of the Plan and the applicable requirements of Code Section 409A, payments or transfers
to be made by the Company or an Affiliate upon the grant, exercise or settlement of an Award may be made in such medium or media as the Committee shall determine (including, without limitation, cash, Shares, promissory notes (PROVIDED, HOWEVER, that
the acceptance of such notes does not conflict with Section 402 of the Sarbanes-Oxley Act of 2002), other securities, other Awards or other property or any combination thereof). In addition, such payments or transfers may be made in a single
payment or transfer, in installments or on a deferred basis, in each case as determined by the Committee at the time of grant in accordance with the requirements of Code Section 409A and rules and procedures established by the Committee. Such
rules and procedures may include, without limitation, provisions for the payment or crediting of reasonable interest on installment 

  
 18 

 
or deferred payments or the grant or crediting of dividend equivalents with respect to installment or deferred payments. Notwithstanding anything in the Plan to the contrary, (i) for
Restricted Stock Units and any other Awards that provide nonqualified deferred compensation subject to Code Section 409A(a)(2), payment of the Award to a “specified employee,” as defined in Code Section 409A, upon Separation from
Service, to the extent required under Code Section 409A, shall not be made before six months after the date on which the Separation from Service occurs, and (ii) Restricted Stock Units and any other Awards that provide for nonqualified
deferred compensation subject to Code Section 409A(a)(2) through (4) shall not be settled with promissory notes. All distributions under the Plan shall be made in the form of a single sum, unless otherwise specified under the terms of the
Plan or by the Committee at the time of grant. 
 (ii) Deferrals. If permitted by the Committee for a
given Award and as provided in this subsection, an Award may be deferred (and paid in a form permitted by the Committee) at the election of a Participant. If a Participant is granted an Award that is subject to a condition requiring the Participant
to continue to provide services for a period of at least 12 months from the date of grant of the Award to avoid forfeiture of payment of the Award, an election to defer payment of the Award may be made on or before the 30th day after the date the Award is granted, provided that the election
is made at least 12 months in advance of the earliest date at which the forfeiture condition could lapse. For purposes of this subsection, a condition will not be treated as failing to require the Participant to continue to provide services for a
period of at least 12 months from the date of grant of the Award merely because the condition immediately lapses upon the death or disability (as defined in Treasury Regulations Section 1.409A-3(i)(4)) of the Participant, or upon a change in
control event as defined in Code Section 409A and guidance issued thereunder. However, if the condition in fact lapses before the end of such 12-month period due to such event(s), a deferral election shall be given effect only if the deferral
election satisfies Code Section 409A without regard to the special timing rule of Treasury Regulations Section 1.409A-2(a)(5). 
 (j) SECTION 16 COMPLIANCE; SECTION 162(m) ADMINISTRATION. The Plan is intended to comply in all respects with Rule 16b-3 or any successor provision, as in effect from time to time, and in all events the
Plan shall be construed in accordance with the requirements of Rule 16b-3. If any Plan provision does not comply with Rule 16b-3 as hereafter amended or interpreted, the provision shall be deemed inoperative. The Board, in its absolute discretion,
may bifurcate the Plan so as to restrict, limit or condition the use of any provision of the Plan with respect to persons who are officers or Directors subject to Section 16 of the Exchange Act without so restricting, limiting or conditioning
the Plan with respect to other Eligible Individuals. The Company intends that all Stock Options and Stock Appreciation Rights granted under the Plan to individuals who are or who the Committee believes will be Covered Employees will constitute
“qualified performance-based compensation” within the meaning of Section 162(m) of the Code. 
 (k) RESTRICTIONS.
Shares shall not be issued pursuant to the exercise or payment of the Exercise Price or purchase price relating to an Award unless such exercise or payment and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant

  
 19 

 
provisions of law, including, without limitation, the Act, the Exchange Act, the rules and regulations promulgated thereunder, the requirements of any applicable Exchange and the Delaware General
Corporation Law, as amended from time to time. As a condition to the exercise or payment of the Exercise Price or purchase price relating to such Award, the Company may require that the person exercising or paying the Exercise Price or purchase
price represent and warrant that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation and warranty is required by
law. All Shares or other securities 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, and the Committee may direct
appropriate stop transfer orders and cause other legends to be placed on the certificates for such Shares or other securities to reflect such restrictions. 
 (l) LIMITS ON TRANSFER OF AWARDS. No Award and no right under any such Award shall be transferable by a Participant otherwise than by will or by the laws of descent and distribution and the Company shall
not be required to recognize any attempted assignment of such rights by any Participant; PROVIDED, HOWEVER, that, if so determined by the Committee, a Participant may, in the manner established by the Committee, designate a beneficiary or
beneficiaries to exercise the rights of the Participant and receive any property distributable with respect to any Award upon the death of the Participant; and PROVIDED, FURTHER, that, if so determined by the Committee, a Participant may transfer a
Nonqualified Stock Option to any Family Member (as such term is defined in the General Instructions to Form S-8 (or successor to such Instructions or such Form)) at any time that such Participant holds such Stock Option, whether directly or
indirectly or by means of a trust or partnership or otherwise, PROVIDED that the Participant may not receive any consideration for such transfer, the Family Member may not make any subsequent transfers other than by will or by the laws of descent
and distribution and the Company receives written notice of such transfer. Except as otherwise determined by the Committee, each Award (other than an Incentive Stock Option) or right under any such Award shall be exercisable during the
Participant’s lifetime only by the Participant or, if permissible under applicable law, by the Participant’s guardian or legal representative. Except as otherwise determined by the Committee for an Award that does not provide nonqualified
deferred compensation subject to Code Section 409A(a)(2), no Award (other than an Incentive Stock Option) or right under any such Award may be anticipated, assigned, garnished, pledged, alienated, attached or otherwise encumbered, and any
purported anticipation, assignment, garnishment, pledge, alienation, attachment or other encumbrance thereof shall be void and unenforceable against the Company or any Affiliate. Notwithstanding the above, in the discretion of the Committee, awards
may be transferable pursuant to a Qualified Domestic Relations Order (“QDRO”), as determined by the Committee or its designee. 
 (m) 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 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 applicable laws, or if it cannot be so construed or deemed amended without, in the determination of the Committee, materially altering the purpose

  
 20 

 
or intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction or Award, and the remainder of the Plan or any such Award shall remain in full force and effect.

 SECTION 15. EFFECTIVE DATE OF PLAN 
 The Plan became effective on                         , the date on which it
was approved by the sole stockholder of the Company. 
 SECTION 16. TERM OF THE PLAN 

The Plan will terminate on the tenth anniversary of the Effective Date or any earlier date of discontinuation or termination established
pursuant to Section 3 of the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond such date, and the authority of the Committee provided for
hereunder with respect to the Plan and any Awards, and the authority of the Board to amend the Plan, shall extend beyond the termination of the Plan. 

  
 21

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