Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

INCREMENTAL TERM LOAN AMENDMENT NO. 1 

INCREMENTAL TERM LOAN AMENDMENT NO. 1, dated as of May 24, 2016 (this “Amendment”), among Energizer Holdings, Inc., a
Missouri corporation (the “Borrower”), the other Loan Parties party hereto, Citibank, N.A. and JPMorgan Chase Bank, N.A. (“JPMCB”), as Increasing Lenders (in such capacity, the “2016 New Term
Lenders”), Citigroup Global Markets Inc. (“CGMI”) and JPMCB (together with CGMI, the “Lead Arrangers”, as joint lead arrangers and joint bookrunner with respect to the 2016 New Term Loans (as hereinafter
defined), and JPMorgan Chase Bank, N.A., as Administrative Agent. 
 WHEREAS, reference is hereby made to the Credit Agreement, dated as of
June 30, 2015 (as amended, restated, amended and restated, supplemented, extended, refinanced or otherwise modified prior to giving effect to this Amendment, the “Credit Agreement”), among the Borrower, the Lenders party
thereto and JPMorgan Chase Bank, N.A., as Administrative Agent; 
 WHEREAS, the Borrower intends to acquire by means of a merger (the
“Acquisition”) HandStands Holding Corporation, a Delaware corporation (the “Target”) pursuant to an agreement and plan of merger (the “Acquisition Agreement”) to be entered into on or prior to the
date hereof among the Borrower, Energizer Reliance, Inc., Trivest Partners V, L.P., a Delaware limited partnership, and the Target; 

WHEREAS, the Borrower, the Administrative Agent and the 2016 New Term Lenders desire to amend the Credit Agreement pursuant to amendments
authorized by Section 2.05(b) of the Credit Agreement to (i) permit the borrowing of the 2016 New Term Loans pursuant to this Amendment and to designate such 2016 New Term Loans as a new tranche of “Term Loans” for all purposes
under the Credit Agreement and (ii) make the other modifications set forth herein; 
 WHEREAS, the Borrower desires to obtain 2016 New
Term Loans in an aggregate principal amount of $200,000,000; 
 WHEREAS, the proceeds of such 2016 New Term Loans shall be used to pay a
portion of the cash consideration for the Acquisition and to pay the transaction costs with respect to the foregoing (collectively, the “Transactions”); 

WHEREAS, except as provided herein the 2016 New Term Loans shall have the same terms and conditions as those applicable to the Term Loans
borrowed on the Funding Date (the “Existing Term Loans”); 
 WHEREAS, the 2016 New Term Lenders have agreed to provide such
2016 New Term Loans in accordance with the terms and conditions set forth in this Amendment and in the Amended Credit Agreement (as hereinafter defined); and 

WHEREAS, the Lead Arrangers have agreed to act as the joint lead arrangers and joint bookrunners in respect of this Amendment and the 2016 New
Term Loans; 

  
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 NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants herein
contained, the parties hereto agree as follows: 
 Section 1. Defined Terms; References. (a) Unless otherwise specifically
defined herein, each term used herein which is defined in the Amended Credit Agreement has the meaning assigned to such term in the Amended Credit Agreement. The rules of construction and other interpretive provisions specified in Section 1.02
of the Amended Credit Agreement shall apply to this Amendment, including terms defined in the preamble and recitals hereto. 
 (b) As used
in this Amendment, the following terms have the meanings specified below: 
 “2016 New Term Loan” has the meaning provided
in Section 2. 
 “2016 New Term Loan Commitment” means, in the case of each 2016 New Term Lender, the amount set forth
opposite such Lender’s name on Schedule 1 to this Amendment as such Lender’s “2016 New Term Loan Commitment”. The aggregate principal amount of all 2016 New Term Loan Commitments as of the 2016 New Term Loan Amendment Effective
Date is $200,000,000. 
 “2016 New Term Loan Amendment Effective Date” has the meaning provided in Section 8 hereof.

 “2016 New Term Loan Amendment Funding Date” has the meaning provided in Section 9 hereof. 

“Amended Credit Agreement” means the Credit Agreement, as amended by this Amendment. 

Section 2. 2016 New Term Loans. On the 2016 New Term Loan Amendment Funding Date, subject to the terms and conditions set forth
herein and in the Amended Credit Agreement, the 2016 New Term Lenders jointly but not severally agree to make a loan (the “2016 New Term Loan”) to the Borrower in accordance with this Section 2 and the applicable provisions of
the Amended Credit Agreement by delivering to the Administrative Agent immediately available funds in an amount equal to its 2016 New Term Loan Commitment in effect on such date. 

Section 3. Amendment; Expiration of Commitments (a) Each of the parties hereto agrees that, effective on the 2016 New Term
Loan Amendment Effective Date, the Credit Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the
double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Credit Agreement attached as Exhibit A
hereto. 
 (b) The 2016 New Term Loan Commitments provided for hereunder shall terminate on the earliest to occur of (x) immediately
upon the borrowing of the 2016 New Term Loans pursuant to Section 2, or (y) the closing of the Acquisition without the use of the 2016 New Term Loans and (z) July 12, 2016. 

Section 4. Effect of Amendment; Reaffirmation; Etc. Except as expressly set forth herein or in the Amended Credit Agreement, this
Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Collateral Agent under the Credit Agreement or under any other Loan
Document and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other provision of the Credit Agreement or of any other Loan Document, all
of which are ratified and affirmed in all respects and shall continue in full force and effect. Without limiting the foregoing, (i) each Loan Party acknowledges and agrees that (A) each Loan Document to which it is a party is hereby
confirmed and ratified and shall remain in full force and 

  
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effect according to its respective terms (in the case of the Credit Agreement, as amended hereby) and (B) the Collateral Documents do, and all of the Collateral does, and in each case shall
continue to, secure the payment of all Secured Obligations (as defined in the Collateral Agreement) on the terms and conditions set forth in the Collateral Documents, and hereby ratifies the security interests granted by it pursuant to the
Collateral Documents and (ii) each Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Collateral Agreement with respect to all of the Secured Obligations. On and as of the 2016 New Term Loan
Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference, and each reference in any other
Loan Document to “the Credit Agreement”, “thereof”, “thereunder”, “therein” or “thereby” or any other similar reference to the Credit Agreement shall refer to the Credit Agreement as amended hereby.

 Section 5. Representations of Loan Parties. Each of the Loan Parties hereby represents and warrants as of the date hereof:

 (a) there shall exist no Default or Unmatured Default; and 

(b) all of the representations in the Amended Credit Agreement are true and correct in all material respects (except that any representation
and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) on and as of such date, except to the extent that such representations and warranties specifically refer
to an earlier date, in which case they shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct
in all respects) as of such earlier date. 
 Section 6. Governing Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

Section 7. Counterparts. This Amendment may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Amendment by facsimile or electronic transmission shall be as effective
as delivery of a manually signed counterpart of this Amendment. 
 Section 8. Commitment. The 2016 New Term Loan Commitments of
the 2016 New Term Lenders shall become effective on the date (the “2016 New Term Loan Amendment Effective Date”) when this Amendment is executed and delivered by a duly authorized officer of each of (i) the Loan Parties,
(ii) each of the 2016 New Term Lenders and (iii) the Administrative Agent. 
 Section 9. Funding Date. Each 2016 New
Term Lender shall disburse the 2016 New Term Loan to be made by it pursuant to Section 2 of this Amendment on the date (the “2016 New Term Loan Amendment Funding Date”) when each of the following conditions shall have been
satisfied: 
 (a) the Lead Arrangers shall have received all fees and other amounts due and payable on or prior to such date including:
(i) fees, disbursements and charges of counsel to the Lead Arrangers under Section 10.07 of the Amended Credit Agreement, including to the extent invoiced, reimbursement or payment of all reasonable and documented out-of-pocket expenses
required to be reimbursed or paid by the Borrower hereunder and (ii) all fees due and payable to Lead Arrangers on such date in connection with the 2016 New Term Loans and the agreements of the 2016 New Term Lenders and the Lead Arrangers
hereunder; 

  
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 (b) on and as of the 2016 New Term Loan Amendment Funding Date, (i) the Specified
Representations shall be true and correct in all material respects (except that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) and
(ii) there shall exist no Default or Unmatured Default; 
 (c) (i) the representations made by or with respect to the Target and its
subsidiaries in the Acquisition Agreement as are material to the interests of the 2016 New Term Lenders (in their capacities as such) (but only to the extent that the Borrower has the right to terminate the Borrower’s obligations under the
Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreement) (such representations, the “Acquisition Agreement Representations”) shall be true and correct and (ii) there shall not have
occurred from the date of the Acquisition Agreement any event or development that has had or is reasonably expect to have a Material Adverse Effect (as defined in the Acquisition Agreement as in effect on the date hereof); 

(d) the Administrative Agent shall have received: 

(i) a certificate, in form and substance satisfactory to the Administrative Agent signed by an Authorized Officer of the
Borrower, certifying that (A) the Acquisition constitutes a Limited Condition Acquisition and (B) the conditions set forth in clauses (b) and (c) of this Section 9 have been satisfied on and as of the 2016 New Term Loan
Amendment Funding Date; 
 (ii) a duly executed Borrowing/Election Notice signed by an Authorized Officer of the Borrower;

 (iii) the written opinion of the Loan Parties’ counsel, addressed to the Administrative Agent and the 2016 New Term
Lenders, in substantially a form and containing assumptions and qualifications acceptable to the Administrative Agent and its counsel; 

(iv) copies of the Certificate of Incorporation of each Loan Party, together with all amendments and a certificate of good
standing, both certified by the appropriate governmental officer in its jurisdiction of incorporation; 
 (v) copies,
certified by the Secretary or Assistant Secretary of each of the Loan Parties, of its By-Laws and of its Board of Directors’ (or similar body) resolutions authorizing the execution of the Loan Documents entered into by it; 

(vi) an incumbency certificate, executed by the Secretary or Assistant Secretary of each of the Loan Parties, which shall
identify by name and title and bear the original or facsimile signature of the officers of the Loan Parties authorized to sign this Amendment and the officers of the Borrower authorized to make borrowings hereunder, upon which certificate the 2016
New Term Lenders shall be entitled to rely until informed of any change in writing by the Borrower; and 
 (vii) a
certificate in form and substance reasonably satisfactory to the Administrative Agent, signed by an Authorized Officer of the Borrower, attesting that the Borrower and its Subsidiaries, on a consolidated basis after giving effect to the Acquisition,
are Solvent; 
 (e) the Administrative Agent shall have received all documentation and other information with respect to the Target
reasonably requested by the 2016 New Term Lenders that is required for compliance with the Patriot Act or other “know your customer” and anti-money laundering rules and regulations (which requested information shall have been received at
least five (5) Business Days prior to the 2016 New Term Loan Amendment Funding Date to the extent requested by the Lenders at least ten (10) Business Days prior to the 2016 New Term Loan Amendment Funding Date).; 

  
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 (f) the Acquisition shall be consummated simultaneously with the borrowing of the 2016 New Term
Loans in accordance with applicable law and on the terms in the Acquisition Agreement (without any amendment, modification or waiver thereof or any consent thereunder which is materially adverse to the interest of the 2016 New Term Lenders without
the prior written consent of the Lead Arrangers (it being understood that any change in the purchase consideration of less than five percent (5%) in respect of the Acquisition will be deemed not to be materially adverse to the interests of the
2016 New Term Lender)); 
 (g) on the 2016 New Term Loan Amendment Funding Date, after giving effect to the consummation of the Acquisition
and the funding of the 2016 New Term Loan, neither the Borrower nor any of its Subsidiaries shall have any indebtedness for borrowed money other than the Indebtedness that is permitted to remain outstanding under the Amended Credit Agreement, and
the Administrative Agent shall have received reasonably satisfactory evidence of repayment of the indebtedness outstanding under (i) the Combination Loan and Security Agreement, dated as of May 9, 2014, among American Covers, Inc. and
Wells Fargo Equipment Finance, Inc., and (ii) the Amend and Restated Credit Agreement (First Lien), dated as of September 1, 2015, among American Covers, Inc., Madison Capital Funding LLC, as Agent, and the other lenders parties thereto,
and (iii) the Amend and Restated Credit Agreement (Second Lien), dated as of September 1, 2015, among American Covers, Inc., LBC Credit Partners III, L.P., as Agent, and the other lenders parties thereto, and the discharge (or the making
of arrangements for discharge) of all liens securing any assets or property of the Borrower and its Subsidiaries other than Liens permitted to remain outstanding under the Amended Credit Agreement; and 

(h) the conditions set forth in Section 5.02 of the Credit Agreement shall be satisfied on and as of the 2016 New Term Loan Amendment
Funding Date, both immediately prior to and immediately after giving effect to the transactions contemplated by this Amendment (subject to the proviso of Section 2.05(b)(i)(1) of the Credit Agreement). 

Section 10. Post-Closing Mortgage Modification. The Administrative Agent shall have received within thirty (30) days after
the 2016 New Term Loan Amendment Funding Date (or such later time as may be agreed to by the Administrative Agent), with respect to each Mortgaged Property, (i) counterparts of a modification to the Mortgage reflecting the 2016 New Term Loan,
duly executed and delivered by the record owner of such Mortgaged Property and (ii) a “bring-down” modification endorsement to the existing title insurance policy delivered in connection with the Existing Term Loans. 

Section 11. Miscellaneous. For the avoidance of doubt, (i) this Amendment constitutes a Loan Document and (ii) in
entering this Amendment, (x) each 2016 New Term Lender is acting as a Lender and (y) each Lead Arranger acts as an Arranger, in each case, for the purposes of the Credit Agreement and the other Loan Documents. Section 10.07 of the
Credit Agreement is hereby incorporated by reference and shall apply mutatis mutandis as if each 2016 New Term Lender and each Lead Arranger were the Administrative Agent and this Amendment were the Credit Agreement. 

[SIGNATURE PAGES FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their
respective authorized officers as of the day and year first above written. 
  

			
	ENERGIZER HOLDINGS, INC.
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer
	
	ENERGIZER INVESTMENT COMPANY
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer
	
	ENERGIZER BRANDS, LLC
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer
	
	ENERGIZER, LLC
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer
	
	ENERGIZER MANUFACTURING, INC.
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer
	
	ENERGIZER INTERNATIONAL, INC.
		
	By:	 	 /s/ Brian Hamm

	Name:	 	Brian Hamm
	Title:	 	Executive Vice President and
		 	Chief Financial Officer

  
 [Signature Page to
Incremental Term Loan Amendment No. 1] 

 
			
	 JPMORGAN CHASE BANK, N.A., as Joint Lead Arranger and Joint Bookrunner with respect to
the 2016 New Term Loans and as 2016 New Term Lender

		
	By	 	 /s/ Brendan Korb

	Name:	 	Brendan Korb
	Title:	 	Vice President

  
 [Signature Page to
Incremental Term Loan Amendment No. 1] 

 
			
	 CITIGROUP GLOBAL MARKETS INC., as Joint Lead Arranger and Joint Bookrunner with
respect to the 2016 New Term Loans

		
	By	 	 /s/ Justin Tichauer

	Name:	 	Justin Tichauer
	Title:	 	Director
	
	CITIBANK, N.A., as 2016 New Term Lender
		
	By	 	 /s/ Justin Tichauer

	Name:	 	Justin Tichauer
	Title:	 	Director

  
 [Signature Page to
Incremental Term Loan Amendment No. 1] 

 Schedule 1 

2016 New Term Loan Commitments 
  

					
	Lender	  	2016 New Term Loan Commitment	 
	 Citibank, N.A.
	  	$	100,000,000	  
		
	 JPMorgan Chase Bank, N.A.
	  	$	100,000,000	  
	 Aggregate 2016 New Term Loan Commitments:
	  	$	200,000,000	  

 Exhibit A 

[Amendments to Credit Agreement attached] 

 EXHIBIT A 

CONFORMED COPY 
 REFLECTING
INCREMENTAL 
 AMENDMENT NO. 1 DATED 

AS OF MAY 24, 2016 

J.P.Morgan 
 CREDIT
AGREEMENT 
 Dated as of June 30, 2015 

among 
 ENERGIZER SPINCO, INC.

 (expected to be renamed Energizer Holdings, Inc. on June 30, 2015), 

as Borrower 
 THE INSTITUTIONS FROM
TIME TO TIME 
 PARTIES HERETO AS LENDERS 

JPMORGAN CHASE BANK, N.A., 

as Administrative Agent 
 and 

BANK OF AMERICA, N.A., 

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. 

and 
 CITIBANK, N.A.

 as Co-Syndication Agents 
  

 
 J.P. MORGAN SECURITIES LLC,

 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. 

and 
 CITIGROUP GLOBAL
MARKETS INC. 
 as Joint Lead Arrangers and Joint Bookrunners 

*With respect to the New 2016 Term Loan Commitments and the 2016 New Term Loans, Citigroup Global
Markets Inc. and JPMorgan Chase Bank, N.A. act as joint lead arrangers and bookrunners. 
  

 

 CREDIT AGREEMENT 

This Credit Agreement dated as of June 30, 2015 is entered into among ENERGIZER SPINCO, INC. (expected to be renamed Energizer
Holdings, Inc. on June 30, 2015), a Missouri corporation, the institutions from time to time parties hereto as Lenders and JPMORGAN CHASE BANK, N.A., in its capacity as Administrative Agent. 

WHEREAS, the Borrower has requested that the Lenders provide (i) Revolving Loan Commitments hereunder in an initial aggregate principal
amount of $250,000,000 and (ii) Term Loan Commitments hereunder in an initial aggregate principal amount of $400,000,000; and 

WHEREAS, the Borrower, the Lenders and the Administrative Agent have agreed to enter into this Agreement in order to set forth the terms and
conditions under which the Lenders will, from time to time, provide the Commitments and make loans and extend other financial accommodations thereunder to or for the benefit of the Borrower; 

NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, the parties hereto hereby agree as follows: 

ARTICLE 1 

DEFINITIONS 

Section 1.01. Certain Defined Terms. In addition to the terms defined above, the following terms used in this Agreement shall have
the following meanings, applicable both to the singular and the plural forms of the terms defined. 
 As used in this Agreement: 

“2016 Acquisition” has the meaning assigned to the term
“Acquisition” in the 2016 New Term Loan Amendment. 
 “2016
Acquisition Target” has the meaning assigned to the term “Target” in the 2016 New Term Loan Amendment. 

“2016 New Term Lender” means each Lender with a 2016 New Term Loan
Commitment or 2016 New Term Loan outstanding. 
 “2016 New Term Loan
Amendment” means that certain Incremental Term Loan Amendment No. 1, dated as of May 24, 2016, among the Borrower, the Loan Parties party thereto, the 2016 New Term Lenders, Citigroup Global Markets Inc. and JPMorgan Chase Bank,
N.A., as joint lead arrangers and joint bookrunners, and the Administrative Agent. 
  

	
	 “2016 New Term Loan Amendment Funding Date”
means the date on which the 2016 New Term Loans were funded.

 “2016 New Term Loan Amendment
Effective Date” means the date on which the 2016 New Term Loan Amendment and the 2016 New Term Loan Commitments became effective pursuant to the terms and conditions of the 2016 New Term Loan Amendment. 

“2016 New Term Loan Commitment” means, in the case of the 2016 New
Term Lenders, the amount set forth opposite such Lender’s name on Schedule 1 to the 2016 New Term Loan Amendment as such Lender’s “2016 New Term Loan Commitment”. The aggregate principal amount of all 2016 New Term Loan
Commitments as of the 2016 New Term Loan Amendment Effective Date is $200,000,000. 

“2016 New Term Loans” means the Term Loans made on the 2016 New Term
Loan Amendment Funding Date pursuant to the 2016 New Term Loan Amendment.  
 “Accounting Change” is defined in
Section 10.09 hereof. 
 “Administrative Agent” means JPMorgan in its capacity as contractual representative
for itself and the Lenders pursuant to Article 11 hereof and any successor Administrative Agent appointed pursuant to Article 11 hereof. 

“Administrative Questionnaire” means an administrative questionnaire in a form supplied by the Administrative Agent. 

“Advance” means a borrowing hereunder consisting of the aggregate amount of the several Loans made by the Lenders to the
Borrower of the same Class and Type and, in the case of Eurodollar Rate Loans, for the same Interest Period. 
 “Affected
Lender” is defined in Section 2.19 hereof. 
 “Affiliate” of any Person means any other Person
directly or indirectly controlling, controlled by or under common control with such Person. A Person shall be deemed to control another Person if the controlling Person is the “beneficial owner” (as defined in Rule 13d-3 under the Exchange
Act) of greater than ten percent (10.0%) of any class of voting securities (or other voting interests) of the controlled Person or possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of
the controlled Person, whether through ownership of Capital Stock, by contract or otherwise. 
 “Aggregate Revolving Loan
Commitment” means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred
Fifty Million and 00/100 Dollars ($250,000,000.00). 
 “Aggregate Term Loan Commitment” means the aggregate of the Term
Loan Commitments of all the Term Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Term Loan Commitment is Four Hundred Million and 00/100 Dollars ($400,000,000.00). 

  
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 “Agreement” means this Credit Agreement, as it may be amended, restated, amended
and restated, supplemented or otherwise modified and in effect from time to time. 
 “All-in Yield” means, as to any
Indebtedness, the effective interest rate with respect thereto as reasonably determined by the Administrative Agent in consultation with the Borrower, taking into account the interest rate, margin, original issue discount, upfront fees and
“LIBOR floors” or “base rate floors”; provided that (i) original issue discount and upfront fees shall be equated to interest rate assuming a four-year life to maturity of such Indebtedness, (ii) customary
arrangement, structuring, underwriting, amendment or commitment fees paid solely to the applicable arrangers or agents with respect to such Indebtedness shall be excluded and (iii) for the purpose of Section 2.05(b)(iii), if the
“LIBOR floor” or “base rate floor” for any Incremental Term Loan exceeds 100 basis points or 200 basis points, respectively, such excess shall be equated to interest rate margins for the purpose of this definition. 

“Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such
day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1.0% and (c) the Eurodollar Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus
1.0%, provided that, for the avoidance of doubt, the Eurodollar Rate for any day shall be based on the rate appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such page) at approximately 11:00 a.m. London time
on such day; provided, further that the Alternate Base Rate shall at no time be less than 0.00% per annum. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Eurodollar Rate
shall be effective from and including the effective date of such change in the Prime Rate, the Federal Funds Effective Rate or the Eurodollar Rate, respectively. 

“Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to the Borrower and its
affiliated companies from time to time concerning or relating to bribery or corruption, including, without limitation, the Foreign Corrupt Practices Act, as amended. 

“Applicable Commitment Fee Percentage” means, as at any date of determination, the rate per annum then applicable in the
determination of the amount payable under Section 2.14(c)(i) hereof as set forth in the Pricing Schedule. 
 “Applicable
L/C Fee Percentage” means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule. 

“Applicable Margin” means, as at any date of determination, (i) with respect to Revolving Loans, the rate per annum then
applicable to Advances of any Type at such time as set forth in the Pricing Schedule and (ii) (x) with respect to Closing
Date Term Loans, (a) 1.50%, in the case of Floating Rate Loans and (b) 2.50%, in the case of Eurodollar Rate Loans and (y) with respect to the 2016 New Term Loans,
(a) 1.25%, in the case of Floating Rate Loans and (b) 2.25%, in the case of Eurodollar Rate Loans. 

  
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 “Approved Fund” means any Person (other than a natural person) that is engaged
in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by (i) a Lender, (ii) an Affiliate of a Lender or (iii) an entity or
an Affiliate of an entity that administers or manages a Lender. 
 “Arrangers” means
(x) with respect to the Revolving Facility, the Closing Date Term Loan Commitments and the Closing Date Term Loans, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner &
Smith Incorporated, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Citigroup Global Markets Inc., in their respective capacities as the joint lead arrangers and joint bookrunners for the loan transaction evidenced by this Agreement.
 and (y) with respect to the 2016 New Term Loan Commitments and the 2016 New Term Loans, Citigroup Global Markets Inc. and JPMorgan Chase Bank, N.A., as the joint lead
arrangers and joint bookrunners for the loan transaction evidenced by the 2016 New Term Loan Amendment.  
 “Assignment and
Assumption” means an assignment and assumption agreement entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 13.03), and accepted by the Administrative Agent, in the form
of Exhibit D or any other form approved by the Administrative Agent. 
 “Auction” is defined in
Section 13.03(g). 
 “Auction Manager” means (a) the Administrative Agent or (b) any other financial
institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Auction pursuant to Section 13.03(g); provided that the Borrower shall not
designate the Administrative Agent as the Auction Manager without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no obligation to agree to act as the Auction Manager);
provided, further, that neither the Borrower nor any of its Affiliates may act as the Auction Manager. 
 “Auction
Procedures” means “Dutch auction” procedures reasonably satisfactory to the Administrative Agent. 
 “Augmenting
Lender” is defined in Section 2.05(b). 
 “Augmenting Lender Supplement” is defined in Section
2.05(b). 
 “Authorized Officer” means the Chief Executive Officer, the Chief Financial Officer, Vice Chairman, any
President, the Chief Accounting Officer, any Executive Vice President, any Senior Vice President, the Treasurer or the Secretary of the Borrower. 

“Available Amount” means, as of any date of determination, an amount not less than zero, determined on a cumulative basis
equal to, without duplication: 
 (a) $30,000,000, plus 

  
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 a transaction in which the outstanding Capital Stock of the Borrower is reclassified or changed
into or exchanged for cash, securities or other property. 
 “Charge” is defined in Section 10.15. 

“Citi” means CGMI, Citibank, N.A., Citigroup USA, Inc., Citigroup North America, Inc. and/or any of their affiliates. 

“Class” when used in reference to (a) any Loan or Advance, refers to whether such Loan, or the Loans comprising such
Advance, are Revolving Loans or Term Loans, (b) any Commitment, refers to whether such Commitment is a Revolving Loan Commitment or Term Loan Commitment and (c) any Lender, refers to whether such Lender has a Loan or Commitment with
respect to a particular Class of Loans or Commitments. The Closing Date Term Loans and the 2016 New Term Loans shall be deemed to constitute Term Loans of separate Classes. 

“Closing Date Term Lender” means each Term Lender with a Closing Date
Term Loan Commitment or a Closing Date Term Loan. 
 “Closing Date Term
Loan” means each Term Loan made on the Funding Date pursuant to the first sentence of Section 2.01(b). 

“Closing Date Term Loan Commitment” means the obligation of each
Lender to make Closing Date Term Loans on the Funding Date not exceeding the amount set forth on Schedule 2.01 to this Agreement opposite its name thereon under the
heading “Term Loan Commitment”. 
 “Code” means
the Internal Revenue Code of 1986, as amended. 
 “Collateral” means any and all assets, whether real or personal, tangible
or intangible, on which Liens are granted or purported to be granted pursuant to the Collateral Documents as security for the Secured Obligations. 

“Collateral and Guarantee Requirement” means, at any time, the requirement that: 

(i) the Administrative Agent shall have received from the Borrower and each Subsidiary Guarantor either (a) a counterpart
of the Collateral Agreement, duly executed and delivered on behalf of such Person, or (b) in the case of any Person that becomes a Subsidiary Guarantor after the Funding Date, a supplement to the Collateral Agreement, in the form specified
therein, duly executed and delivered on behalf of such Person, together with such documents and opinions with respect to such Subsidiary Guarantor as may reasonably be requested by the Administrative Agent; 

(ii) all Equity Interests directly owned by any Loan Party shall have been pledged pursuant to, and to the extent required by,
the Collateral Agreement and the Administrative Agent shall, to the extent required by the Collateral Agreement, have received certificates or other instruments representing all such certificated Equity Interests, together with undated stock powers
or other instruments of transfer with 

  
 9 

 successor or substitute page of such service, or any successor to or substitute for such service, providing rate
quotations comparable to those currently provided on such page of such service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to deposits in Dollars in the London
interbank market) at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such Interest Period, as the rate for deposits in Dollars with a maturity comparable to such Interest Period. In the event that such
rate is not available at such time for any reason, then the “Eurodollar Base Rate” with respect to such Advance for such Interest Period shall be the rate at which deposits in Dollars in an amount equal to $5,000,000 and for a maturity
comparable to such Interest Period are offered by the principal London office of the Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two (2) Business Days prior to the
commencement of such Interest Period; provided that (i) in the case of the Closing Date Term Loans, the Eurodollar Base Rate shall at no time be less than 0.75% per
annum and (ii, (ii) in the case of the 2016 New Term Loans, the Eurodollar Base Rate shall (x) at no time from the 2016 New Term Loan Amendment Funding Date up to an
including the 180th day after the 2016 New Term Loan Amendment Funding Date be less than 0.00% per annum and (y) at no time from and after the 181st day after the 2016 New Term Loan Amendment Funding Date (the “2016 New Term Loan Floor
Date”) be less than 0.75% per annum and (iii) in the case of the Revolving Loans, the Eurodollar Base Rate shall at no time be less than 0.00% per annum. 

“Eurodollar Rate” means, with respect to any Advance of Eurodollar Rate Loans for any Interest Period, an interest rate per
annum (rounded upwards, if necessary, to the next 1/16 of 1.0%) equal to (a) the Eurodollar Base Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate plus (ii) the then Applicable Margin. 

“Eurodollar Rate Loan” means a Loan, or portion thereof, which bears interest at the Eurodollar Rate. 

“Excess Cash Flow” means, for any fiscal year of the Borrower, the excess of (a) the sum, without duplication, of
(i) Consolidated EBITDA for such fiscal year and (ii) the Consolidated Working Capital Adjustment for such fiscal year (if positive) and minus (b) the sum, without duplication, of (i) the amount of any income taxes payable in
cash by the Borrower and its Restricted Subsidiaries with respect to such fiscal year, (ii) Consolidated Interest Expense payable in cash for such fiscal year, (iii) Consolidated Capital Expenditures made in cash during such fiscal year
except to the extent financed with the proceeds of Indebtedness, (iv) permanent repayments of Indebtedness (other than repayments (x) of Revolving Loans, Swingline Loans and other revolving Indebtedness except to the extent there is an
equivalent permanent reduction of commitments thereunder or (y) from the proceeds of other Indebtedness made in cash by the Borrower or any of its Restricted Subsidiaries during such fiscal year), (v) the Consolidated Working Capital
Adjustment for such fiscal year (if negative), (vi) the sum of, in each case, to the extent paid in cash and added back in the calculation of Consolidated EBITDA for such fiscal year, all fees, costs, losses, expenses, charges, proceeds or
other amounts identified in clauses (a)(v), (vii), (viii), (ix) and (x) of the definition thereof, (vii) except to the extent funded with the proceeds of Indebtedness, the aggregate amount of
Investments made in cash pursuant to clauses (viii) and (xiv) of Section Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to
the Liens of the Loan Documents. 

  
 18 

 “Known Affiliates” of any Person means, as to such Person (the
“Specified Person”), known affiliates readily identifiable by name, but excluding any affiliate that is a bona fide debt fund or investment vehicle that is primarily engaged in, or that advises funds or other investment vehicles
that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds or similar extensions of credit or securities in the ordinary course and with respect to which such Specified Person does not, directly or indirectly,
possess the power to direct or cause the direction of the investment policies of such entity. 
 “L/C Documents” is defined
in Section 3.04 hereof. 
 “L/C Draft” means a draft drawn on an Issuing Bank pursuant to a Letter of Credit.

 “L/C Interest” shall have the meaning ascribed to such term in Section 3.06 hereof. 

“L/C Obligations” means, without duplication, an amount equal to the sum of (i) the aggregate of the amount then
available for drawing under each of the Letters of Credit, (ii) the face amount of all outstanding L/C Drafts corresponding to the Letters of Credit, which L/C Drafts have been accepted by an Issuing Bank, (iii) the aggregate outstanding
amount of all Reimbursement Obligations at such time and (iv) the aggregate face amount of all Letters of Credit requested by the Borrower but not yet issued (unless the request for an unissued Letter of Credit has been denied). The L/C
Obligations of any Lender at any time shall be its Pro Rata Share of the total L/C Obligations at such time. 
 “Lenders”
means the lending institutions listed on the signature pages of this Agreement, the 2016 New Term Lenders or any Increasing Lender Supplement or Augmenting Lender Supplement and their
respective successors and assigns. 
 “Lending Installation” means, with respect to a Lender or the Administrative Agent,
any office, branch, subsidiary or affiliate of such Lender or the Administrative Agent. 
 “Letter of Credit” means
(i) the standby letters of credit to be issued by an Issuing Bank pursuant to Section 3.01 hereof and (ii) the Existing Letters of Credit. 

“Letter of Credit Fronting Sublimit” means, for each Issuing Bank, the amount set forth on Schedule 2.01 of this
Agreement opposite its name thereon under the heading “Letter of Credit Fronting Sublimit” or in any other agreement or document. 

“Letter of Credit Sublimit” means an amount equal to the lesser of (a) $25,000,000 and (b) the Aggregate Revolving
Loan Commitment. 
 “Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge,
hypothecation, charge, security interest or other encumbrance in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having
substantially the same economic effect as 

  
 26 

 “Requirements of Law” means, as to any Person, any law, rule or regulation, or
determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject including, without limitation, the
Securities Act, the Exchange Act, the Hart-Scott-Rodino Antitrust Improvements Act, as amended, Foreign Competition Laws, Regulations T, U and X, ERISA, the Fair Labor Standards Act, the Worker Adjustment and Retraining Notification Act, Americans
with Disabilities Act of 1990, and any certificate of occupancy, zoning ordinance, building, environmental or land use requirement or permit or environmental, labor, employment, occupational safety or health law, rule or regulation, including
Environmental, Health or Safety Requirements of Law. 
 “Restricted Payment” means any dividend or other distribution
(whether in cash, securities or other property) with respect to any Equity Interests in the Borrower or any Restricted Subsidiary, or any payment or distribution (whether in cash, securities or other property), including any sinking fund or similar
deposit, on account of the purchase, redemption, retirement, acquisition, exchange, conversion, cancellation or termination of any Equity Interests in the Borrower or any Restricted Subsidiary. 

“Restricted Subsidiary” means any Subsidiary of the Borrower other than an Unrestricted Subsidiary. 

“Revolving Credit Availability” means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at
such time exceeds the Revolving Credit Obligations outstanding at such time. 
 “Revolving Credit Obligations” means, at
any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding Swing Line Obligations at such time, plus (iii) the outstanding L/C Obligations at such time. 

“Revolving Facility” means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Loan Commitments at
such time. 
 “Revolving Lender” means at any time, any Lender with an outstanding Revolving Loan or Revolving Loan
Commitment at such time. 
 “Revolving Loan” is defined in Section 2.01 hereof. 

“Revolving Loan Commitment” means, for each Revolving Lender, the obligation of such Revolving Lender to make Revolving Loans
and to purchase participations in Letters of Credit and to participate in Swing Line Loans not exceeding the amount set forth on Schedule 2.01 to this Agreement opposite its name thereon under the heading “Revolving Loan Commitment”
or in the Assignment and Assumption, Increasing Lender Supplement or Augmenting Lender Supplement by which it became a Revolving Lender, as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to
any applicable Assignment and Assumption, Increasing Lender Supplement or Augmenting Lender Supplement. 

  
 37 

 “Revolving Loan Increase” is defined in Section 2.05(b). 

“Revolving Loan Termination Date” means the earlier of (a) the fifth anniversary of the Funding Date and (b) the
date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof. 

“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and any
successor to its rating agency business. 
 “Sale-Leaseback Transaction” means an arrangement relating to property owned by
the Borrower or any Restricted Subsidiary whereby the Borrower or such Restricted Subsidiary sells or transfers such property to any Person and the Borrower or any Restricted Subsidiary leases such property, or other property that it intends to use
for substantially the same purpose or purposes as the property sold or transferred, from such Person or its Affiliates. 

“Sanctioned Country” means, at any time, a country or territory which is the subject or target of any Sanctions. 

“Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list maintained by the Office of
Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union, Her Majesty’s Treasury, or any EU member state, (b) any Person located, organized
or resident in a Sanctioned Country or (c) any Person owned 50 percent or more, directly or indirectly, or controlled by, one or more any Persons described in (a) above. 

“Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by
(a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b) the United Nations Security Council, the European Union or Her
Majesty’s Treasury of the United Kingdom. 
 “Secured Obligations” is defined in the Collateral Agreement.
“Securities Act” means the United States Securities Act of 1933. 
 “Securitization Subsidiary” means a
Subsidiary of the Borrower: (1) that is designated a “Securitization Subsidiary” by the Board of Directors, (2) that does not engage in, and whose charter prohibits it from engaging in, any activities other than Permitted
Receivables Financings and any activity necessary, incidental or related thereto, (3) no portion of the Indebtedness or any other obligation, contingent or otherwise, of which: (A) is Guaranteed by the Borrower or any Restricted Subsidiary
of the Borrower, (B) is recourse to or obligates the Borrower or any Restricted Subsidiary of the Borrower in any way, or (C) subjects any property or asset of the Borrower or any Restricted Subsidiary of the Borrower, directly or
indirectly, contingently or otherwise, to the satisfaction thereof, (4) with respect to which neither the Borrower nor any Restricted Subsidiary of the Borrower (other than an Unrestricted Subsidiary) has any obligation to maintain or preserve
such its financial condition or cause it to achieve certain levels of operating results, other than, in respect of clauses (3) 

  
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 (i) the fair value of its assets (both at fair valuation and at present fair
saleable value) is equal to or in excess of the total amount of its liabilities, including, without limitation, contingent liabilities; and 

(ii) it is then able and believes that it will be able to pay its debts as they mature; and 

(iii) it has capital sufficient to carry on its business as conducted and as proposed to be conducted. 

With respect to contingent liabilities (such as litigation and guarantees), such liabilities shall be computed at the amount which, in light of all the facts
and circumstances existing at the time, represent the amount which can be reasonably be expected to become an actual or matured liability. 

“Specified Indebtedness” means the Senior Notes, any Permitted Debt that is not secured on a pari passu basis with the
Secured Obligations and any Refinancing Indebtedness in respect of any of the foregoing. 
 “Specified Representations”
means the representations and warranties set forth in Sections 6.01 (as it relates to the Loan Parties), 6.02, 6.03(b), 6.03(c), 6.11, 6.13(a), 6.15, 6.19, 6.21, 6.22 and
6.24. 
 “Spin Transaction” means the internal legal reorganization of EHI separating its personal care and
household products businesses and the spin-off of the Borrower and EHI’s Subsidiaries in a tax-free distribution to its shareholders as described in the Form 10 originally filed as of February 6, 2015 and amended as of March 25,
2015, May 11, 2015 and May 27, 2015 and in accordance with the separation agreement described therein and in other filings made by EHI with the Commission prior to the Escrow Date, with any changes thereto that are not materially
adverse to the lenders (or otherwise consented to by the Administrative Agent). 
 “SPV” means any special purpose entity
established for the purpose of purchasing receivables in connection with a receivables securitization transaction permitted under the terms of this Agreement. 

“Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the
denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Administrative Agent is
subject, with respect to the Eurodollar Rate, for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D.
Eurodollar Rate Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under
such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

  
 40 

 “Subsidiary” of a Person means (i) any corporation more than 50.0% of the
outstanding securities having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of its Subsidiaries, or
(ii) any partnership, limited liability company, association, joint venture or similar business organization more than 50.0% of the ownership interests having ordinary voting power of which shall at the time be so owned or controlled. Unless
otherwise expressly provided, all references herein to a “Subsidiary” means a Subsidiary of the Borrower. 
 “Subsidiary
Guarantors” means each Subsidiary of the Borrower that is party to the Collateral Agreement as a guarantor (which shall not include any Excluded Subsidiary), until any such Subsidiary is released as a guarantor under the Collateral
Agreement in accordance with the Loan Documents. 
 “Subordinated Indebtedness” of a Person means any Indebtedness of such
Person the payment of which is subordinated to payment of the Obligations. 
 “Supplemental Perfection Certificate” means a
certificate in the form of Exhibit I or any other form approved by the Administrative Agent. 
 “Swap Agreement”
means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or
economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only
on account of services provided by current or former directors, officers, employees or consultants of the Borrower or any Subsidiary shall be a Swap Agreement. 

“Swap Obligation” means, with respect to any Loan Party, any obligation to pay or perform under any agreement, contract or
transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 
 “Swing Line
Bank” means JPMorgan pursuant to the terms hereof. 
 “Swing Line Commitment” means the commitment of the Swing
Line Bank, in its discretion, to make Swing Line Loans up to a maximum principal amount of $10,000,000 at any one time outstanding. 

“Swing Line Loan” means a Loan made available to the Borrower by the Swing Line Bank pursuant to Section 2.02
hereof. 

  
 41 

 “Swing Line Obligations” means, at any particular time, the aggregate principal
amount of all Swing Line Loans outstanding at such time. The Swing Line Obligations of any Lender at any time shall be its Pro Rata Share of the total Swing Line Obligations at such time. 

“Synthetic Lease” means, as to any Person, any lease (including leases that may be terminated by the lessee at any time) of
any property (whether real, personal or mixed) (a) that is accounted for as an operating lease under GAAP and (b) in respect of which the lessee retains or obtains ownership of the property so leased for U.S. federal income tax purposes,
other than any such lease under which such Person is the lessor. 
 “Synthetic Lease Obligations” means, as to any Person,
an amount equal to the sum, without duplication, of (a) the obligations of such person to pay rent or other amounts under any Synthetic Lease which are attributable to principal and (b) the amount of any purchase price payment under any
Synthetic Lease assuming the lessee exercises the option to purchase the leased property at the end of the lease term. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding),
assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Term Facility” means the Term Loans of all Term Lenders at such time. 

“Term Lender” means at any time, a Lender with an outstanding Term Loan or Term Loan Commitment at such time. 

“Term Loan” means an Advance made by any Term Lender under the Term
Facility. (a)(i) the Closing Date Term Loans made by the Closing Date Term Lenders and (ii) from and after the 2016 New Term Loan Amendment Funding Date, the 2016 New Term Loans
made on the 2016 New Term Loan Amendment Funding Date by the 2016 New Term Lenders and (b) term loans made pursuant to an Incremental Term Loan Amendment (without duplication of the 2016 New Term Loans), as the context requires. 

“Term Loan Commitment” means for(a)(i) with respect
to each Closing Date Term Lender, the obligationClosing Date Term Loan Commitment of such
Closing Date Term Lender to make Term Loans not exceeding the amount set forth on Schedule 2.01 to this Agreement opposite its name thereon under the heading “Term Loan
Commitment” or and (ii) with respect to the 2016 New Term Lenders, the 2016 New Term Loan Commitment of such 2016 New Term Lender or (b) with respect to any Term Lender,
the amount specified as such Term Lender’s “Term Loan Commitment” in the Assignment and Assumption or Incremental Term Loan Amendment by which it became a Term Lender, in
each case, as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable Assignment and Assumption or Incremental Term Loan Amendment. 

“Term Loan Maturity Date” means the date that is seven years after the Funding Date, as such date may be extended pursuant to
Section 2.20. 

  
 42 

 “Termination Event” means (i) a Reportable Event with respect to any
Benefit Plan; (ii) the withdrawal of the Borrower or any member of the Controlled Group from a Benefit Plan during a plan year in which the Borrower or such Controlled Group member was a “substantial employer” as defined in
Section 4001(a)(2) of ERISA with respect to such plan; (iii) the imposition of an obligation under Section 4041 of ERISA to provide affected parties written notice of intent to terminate a Benefit Plan in a distress termination
described in Section 4041(c) of ERISA; (iv) the institution by the PBGC or any foreign governmental authority of proceedings to terminate or appoint a trustee to administer a Benefit Plan or Foreign Pension Plan; (v) any event or
condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Benefit Plan; (vi) the partial or complete withdrawal of the Borrower or any member of the
Controlled Group from a Multiemployer Plan; (vii) the cessation of operations at a facility of the Borrower or any ERISA Affiliate in the circumstances described in Section 4062(e) of ERISA; (viii) a determination that any Plan is or
is reasonably expected to be in “at risk” status (within the meaning of Section 430 of the Code or Section 303 of ERISA) or (ix) a determination that a Multiemployer Plan is, or is expected to be,
“insolvent” (within the meaning of Section 4245 of ERISA), in “reorganization” (within the meaning of Section 4241 of ERISA), or in “endangered” or “critical” status
(within the meaning of Section 432 of the Code or Section 304 of ERISA). 
 “Total Leverage Ratio” is defined in
Section 2.14(d)(ii) hereof. 
 “Transferee” is defined in Section 13.05 hereof. 

“Type” when used in reference to any Loan or Advance, refers to whether the rate of interest on such Loan, or on the Loans
comprising such Advance, is determined by reference to the Eurodollar Rate or the Alternate Base Rate. 
 “U.S. Person”
means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. 
 “U.S. Tax
Compliance Certificate” has the meaning specified in Section 4.05(g)(ii). 
 “UCC” means the Uniform
Commercial Code as in effect from time to time in the State of New York or any other state the laws of which are required to be applied in connection with the perfection of security interests created by the Collateral Documents. 

“Unmatured Default” means an event which, but for the lapse of time or the giving of notice, or both, would constitute a
Default. 
 “Unrestricted Subsidiary” means any Subsidiary of the Borrower designated by the Board of Directors of the
Borrower as an Unrestricted Subsidiary pursuant to Section 7.02(o) subsequent to the Funding Date. 
 “Weighted Average
Life to Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (i) the sum of the products obtained by multiplying (a) the amount of each then remaining instalment, sinking fund,
serial maturity or 

  
 43 

 
other required payments of principal, including payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between
such date and the making of such payment; by (ii) the then outstanding principal amount of such Indebtedness. 
 “Withholding
Agent” means any Loan Party and the Administrative Agent. 
 “Yield Differential” is defined in
Section 2.05(b)(iii) hereof. 
 The foregoing definitions shall be equally applicable to both the singular and plural forms of
the defined terms. Any accounting terms used in this Agreement which are not specifically defined herein shall have the meanings customarily given them in accordance with generally accepted accounting principles in existence as of the Escrow Date.

 Section 1.02. References. Any references to Subsidiaries of the Borrower shall not in any way be construed as consent by the
Administrative Agent or any Lender to the establishment, maintenance or acquisition of any Subsidiary, except as may otherwise be permitted hereunder. 

ARTICLE 2 
 AMOUNT
AND TERMS OF CREDIT 
 Section 2.01. The Commitments. (a) Upon
the satisfaction of the conditions precedent set forth in Sections 5.01 and 5.02, as applicable, from and including the Funding Date and prior to the Revolving Loan Termination Date, each Revolving Lender severally and not jointly agrees, on
the terms and conditions set forth in this Agreement, to make revolving loans to the Borrower from time to time, in Dollars, in an amount not to exceed such Revolving Lender’s Pro Rata Share of Revolving Credit Availability at such time (each
individually, a “Revolving Loan” and, collectively, the “Revolving Loans”); provided, however, at no time shall the Revolving Credit Obligations exceed the Aggregate Revolving Loan Commitment. Subject
to the terms of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans at any time prior to the Revolving Loan Termination Date. 

(b) (i) Upon the satisfaction of the conditions precedent set forth in Sections
5.01 and 5.02, each Closing Date Term Lender severally agrees to make a single term loan (each individually, a “Term Loan” and, collectively, the “Term
Loans”) to the Borrower on the Funding Date the principal amount of such Closing Date Term Lender’s Closing
Date Term Loan Commitment, which Term Loans (i) shall be denominated in Dollars and (ii) shall, at the option of the Borrower and subject to clause (c) below, be incurred and maintained as, and/or converted into, Floating
Rate Loans or Eurodollar Rate Loans. Amounts repaid or prepaid in respect of the Term Loans may not be reborrowed. Upon the funding of the Closing Date Term Loans on the
Funding Date, the Closing Date Term Loan Commitments shall terminate. 

(ii) Upon the satisfaction
of the conditions precedent set forth in Section 9 of the 2016 New Term Loan Amendment, each 2016 New Term Lender agrees to make a single term loan to the Borrower on the 2016 New Term Loan Amendment Funding Date in the principal amount of such
2016 New Term Lender’s 2016 New Term Loan Commitment, which Term 

  
 44 

 
Loans (iii) shall be denominated in Dollars and (iv) shall, at the option of the Borrower and subject to clause (c) below,
be incurred and maintained as, and/or converted into, Floating Rate Loans or Eurodollar Rate Loans. Upon the funding of the 2016 New Term Loans on the 2016 New Term Loan Amendment Funding Date, the 2016 New Term Loan Commitments shall terminate.

 Amounts repaid or prepaid in respect of the Term Loans may not be reborrowed. 

(c) The Loans made on the Funding Date or on or before the third (3rd) Business Day thereafter shall initially be Floating Rate Loans and
thereafter may be continued as Floating Rate Loans or converted into Eurodollar Rate Loans in the manner provided in Section 2.09 and subject to the other conditions and limitations therein set forth and set forth in this Article
2 and set forth in the definition of Interest Period; provided, however, that if the Borrower delivers a Borrowing/Election Notice, signed by it, together with appropriate documentation in form and substance reasonably
satisfactory to the Administrative Agent indemnifying the applicable Lenders for the amounts described in Section 4.04 on or before the third (3rd) Business Day prior to the
Funding Date, the Loans made on the Funding Date may be Eurodollar Rate Loans. Revolving Loans made after the Funding Date shall be, at the option of the Borrower, selected in accordance with Section 2.09, either Floating Rate Loans or
Eurodollar Rate Loans. 
 (d) On the Maturity Date, the Borrower shall repay in full the outstanding principal balance of the Loans. Each
Advance under this Section 2.01 shall consist of Loans made by each applicable Lender ratably in proportion to such Lender’s respective Pro Rata Share of such Advance. 

(e) Borrowing/Election Notice; Making of Loans. The Borrower shall deliver to the Administrative Agent a Borrowing/Election Notice,
signed by it, in accordance with the terms of Section 2.07. Promptly after receipt of a Borrowing/Election Notice under Section 2.07 in respect of Loans, the Administrative Agent shall notify each Lender of the applicable
Class by facsimile, or other similar form of transmission, of the requested Loan. Each applicable Lender shall make available its Loan in accordance with the terms of Section 2.06. The Administrative Agent will promptly make the funds so
received from the Lenders available to the Borrower at the Administrative Agent’s office in Chicago, Illinois on the Funding Date or, in the case of Revolving Lenders, applicable Borrowing Date and shall disburse such proceeds in accordance
with the Borrower’s disbursement instructions set forth in such Borrowing/Election Notice. The failure of any Lender to deposit the amount described above with the Administrative Agent on the Funding Date or the applicable Borrowing Date shall
not relieve any other Lender of its obligations hereunder to make its Loan on the Funding Date or such Borrowing Date. 
 Section 2.02.
Swing Line Loans. (a) Amount of Swing Line Loans. Upon the satisfaction of the conditions precedent set forth in Sections 5.01 and 5.02, as applicable, from and including the Funding Date and prior to the Revolving Loan
Termination Date, the Swing Line Bank may, in its discretion, on the terms and conditions set forth in this Agreement, make swing line loans to the Borrower from time to time, in Dollars, in an amount not to exceed the Swing Line Commitment (each,
individually, a “Swing Line Loan” and collectively, the manner affect the obligation of the Borrower to repay the Obligations in accordance with the terms of this Agreement. 

  
 45 

 (d) Any Lender may request that its Loans be evidenced by a promissory note. In such event, the
Borrower shall prepare, execute and deliver to such Lender a promissory note for such Loans payable to the order of such Lender and in a form approved by the Administrative Agent in its reasonable discretion and consistent with the terms of this
Agreement. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (prior to any assignment pursuant to Section 13.03) be represented by one or more promissory notes in such form, payable to the
order of the payee named therein, except to the extent that any such Lender subsequently returns any such note for cancellation and requests that such Loans once again be evidenced as described in clauses (a) and (b) above.

 (e) For the avoidance of doubt, the 2016 New Term Loans made on the 2016 New Term
Loan Amendment Funding Date (w) shall constitute a separate tranche of Term Loans for all purposes of this Agreement, (x) shall receive mandatory prepayments pursuant to Section 2.10(a) on a pro rata basis with the Closing Date Term
Loans, (y) shall mature and shall become due and payable on the Term Loan Maturity Date and (z) shall be repaid in quarterly installments in accordance with Section 2.21 

Section 2.13. Telephonic Notices. The Borrower authorizes the Lenders and the Administrative Agent to extend, convert or continue
Advances, effect selections of Types of Advances and to transfer funds based on telephonic notices made by any person or persons the Administrative Agent or any Lender in good faith believes to be acting on behalf of the Borrower. The Borrower
agrees to deliver promptly to the Administrative Agent a written confirmation, signed by an Authorized Officer of the Borrower, if such confirmation is requested by the Administrative Agent or any Lender, of each telephonic notice. If the written
confirmation differs in any material respect from the action taken by the Administrative Agent and the Lenders, the records of the Administrative Agent and the Lenders with respect to such telephonic notice shall govern absent manifest error. In
case of disagreement concerning such notices, if the Administrative Agent has recorded telephonic Borrowing/Election Notices, such recordings will be made available to the Borrower upon the Borrower’s request therefor. 

Section 2.14. Promise to Pay; Interest and Commitment Fees; Interest Payment Dates; Interest and Fee Basis; Loan and Control
Accounts. (a) Promise to Pay. The Borrower unconditionally promises to pay when due the principal amount of each Loan and all other Obligations incurred by it, and to pay all unpaid interest accrued thereon, in accordance with the
terms of this Agreement and the other Loan Documents. 
 (b) Interest Payment Dates. Interest accrued on each Floating Rate
Loan shall be payable on each Payment Date, commencing with the first such date to occur after the Funding Date and on any date on which such Floating Rate Loan is prepaid, whether by acceleration or otherwise and at maturity. Interest accrued on
each Eurodollar Rate Loan shall be payable on the last day of its applicable Interest Period, on any date on which the Eurodollar Rate Loan is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurodollar Rate
Loan having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest accrued on 

  
 56 

 
five (5) Business Days after the date of such notice, unless otherwise agreed to by the Administrative Agent). Extension Permitted Amendments shall become effective only with respect to the
Term Loans of the Term Lenders of the Extension Request Class that accept the applicable Extension Offer (such Term Lenders, the “Extending Term Lenders”) and, in the case of any Extending Term Lender, only with respect to such
Lender’s Term Loans of such Extension Request Class as to which such Term Lender’s acceptance has been made. 
 (b) An Extension
Permitted Amendment shall be effected pursuant to an Extension Agreement executed and delivered by the Borrower, each applicable Extending Term Lender and the Administrative Agent; provided that no Extension Permitted Amendment shall become
effective unless the Borrower shall have delivered to the Administrative Agent such legal opinions, board resolutions, secretary’s certificates, officer’s certificates, reaffirmation agreements and other documents as shall reasonably be
requested by the Administrative Agent in connection therewith. The Administrative Agent shall promptly notify each Term Lender as to the effectiveness of each Extension 

Section 2.21. Amortization of Term Loans. (a) The Borrower shall repay the
Closing Date Term LoanLoans on the first Business Day following the last day of each March, June, September and
December, beginning with the first Business Day following September 30, 2015, and ending with the last such day to occur prior to the Term Loan Maturity Date, in an aggregate principal amount for each such date equal to 0.25% of the aggregate
principal amount of the Term Loans outstanding on the Funding Date. Following the 2016 New Term Loan Floor Date, the Borrower shall repay the 2016 New Term Loans on the first Business Day
following the last day of each March, June, September and December, and ending with the last such day to occur prior to the Term Loan Maturity Date, in an aggregate principal amount for each such date equal to 0.25% of the aggregate principal amount
of the Term Loans outstanding on the 2016 New Term Loan Funding Date. The Borrower shall repay Incremental Term Loans in such amounts and on such date or dates as shall be specified therefor in the Incremental Term Loan Amendment (as such
amounts may be adjusted pursuant to such Incremental Term Loan Amendment or pursuant to an Increasing Lender Supplement). The Borrower shall repay Extended Term Loans in such amounts and on such date or dates as shall be specified therefore in the
Extension Agreement establishing such Extended Term Loans. 
 (b) Any prepayment of a Term Loan Advance of any Class pursuant to
Section 2.04 shall be applied to reduce the subsequent scheduled repayments of the Term Loan Advances of such Class to be made pursuant to this Section 2.21 in direct order against the remaining scheduled installments of
principal due in respect of the Term Loans under this Section 2.21; provided that any prepayment of a Term Loan of any Class made pursuant to Section 2.04(a) shall be applied to reduce the subsequent scheduled
repayments of Advances of such Class to be made pursuant to this Section 2.21 in the manner specified by the Borrower in the applicable notice of prepayment (or, if no such specification is made therein, in direct order as provided
above). 

  
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 Section 6.22 Use of Proceeds. The proceeds of (a) the
Closing Date Term Loans will be used, together with the proceeds of the Senior Notes, to pay the Reorganization Payment and for general corporate
purposes, (b) the 2016 New Term Loans will be used to pay a portion of the cash consideration for the 2016 Acquisition, to refinance certain existing debt of the 2016 Acquisition Target
and to pay the transaction costs with respect to the foregoing and (c) the Revolving Loans will be used solely (x) to finance or refinance the working capital and capital expenditures needs of the Borrower and its Restricted
Subsidiaries, (y) for general corporate purposes (including any actions permitted by Section 7.03) of the Borrower and its Restricted Subsidiaries and (z) to pay transaction fees and expenses. The proceeds of the Incremental
Term Loans will be used solely for the purpose or purposes set forth in the applicable Incremental Term Loan Amendment. 

Section 6.23. Brokers. No Loan Party utilized the services of any broker or finder in connection with obtaining financing from the
Lenders under this Agreement and no brokerage commission or finder’s fee is payable by the Borrower or any of its Restricted Subsidiaries in connection herewith. 

Section 6.24. Patriot Act. The Borrower and each of its Subsidiaries is in compliance with the PATRIOT Act in all material
respects. 
 ARTICLE 7 

COVENANTS 
 The
Borrower covenants and agrees that from and after the Funding Date so long as any Loans or Commitments are outstanding and thereafter until all of the Obligations (other than contingent indemnity obligations) shall have been fully and indefeasibly
paid and satisfied in cash, all financing arrangements among the Borrower and the Lenders shall have been terminated and all of the Letters of Credit shall have expired, been canceled or terminated, unless the Required Lenders shall otherwise give
prior written consent: 
 Section 7.01. Reporting. The Borrower shall: 

(a) Financial Reporting. Furnish to the Administrative Agent (with sufficient copies for each of the Lenders, which the Administrative
Agent shall promptly deliver to the Lenders); provided that the requirements of this Section 7.01(a) may be satisfied by notice to the Administrative Agent that such documents required to be delivered pursuant to this
Section 7.01(a) (to the extent included on Form 10-K or Form 10-Q) have been filed with the Commission: 
 (i)
Quarterly Reports. As soon as practicable, and in any event within forty-five (45) days after the end of each of the Borrower’s first three fiscal quarters, the consolidated balance sheet of the Borrower and its Restricted Subsidiaries
as at the end of such period and the related consolidated statements of income and cash flows of the Borrower and its Restricted Subsidiaries for such fiscal quarter and for the period from the beginning of the then current fiscal year to the end of
such fiscal quarter, certified by the chief financial officer or treasurer of the Borrower on behalf of the Borrower as fairly presenting in all material respects the consolidated financial position 

  
 83 

 
Subsidiaries may, if it so desires, be present at and participate in any such discussion). The Borrower shall keep and maintain, and cause each of the Borrower’s Restricted Subsidiaries to
keep and maintain, in all material respects, proper books of record and account in which entries in conformity with GAAP shall be made of all dealings and transactions in relation to their respective businesses and activities. If a Default has
occurred and is continuing, the Borrower, upon the Administrative Agent’s request, shall turn over copies of any such records to the Administrative Agent or its representatives. 

(g) ERISA Compliance. The Borrower shall, and shall cause each of the Borrower’s Restricted Subsidiaries to, establish, maintain
and operate all Plans to comply in all material respects with the provisions of ERISA and shall operate all Plans and Non-ERISA Commitments to comply in all material respects with the applicable provisions of the Code, all other applicable laws, and
the regulations and interpretations thereunder and the respective requirements of the governing documents for such Plans and Non-ERISA Commitments, except for any noncompliance which, individually or in the aggregate, could not reasonably be
expected to have a Material Adverse Effect. 
 (h) Maintenance of Property. The Borrower shall cause all property (tangible and
intangible, real or personal) necessary for the conduct of its business or the business of any Restricted Subsidiary to be maintained and kept in good condition, repair and working order and supplied with all necessary equipment, as applicable, and
shall cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, except, individually or in the aggregate, as could not reasonably be expected to have a Material Adverse Effect. 

(i) Environmental Compliance. The Borrower and its Restricted Subsidiaries shall comply with all Environmental, Health or Safety
Requirements of Law, except where noncompliance will not subject, and is not reasonably likely to subject, the Borrower or any of its Restricted Subsidiaries to liability, individually or in the aggregate, in excess of $25,000,000. 

(j) Use of Proceeds. The Borrower will use the proceeds of the Loans and Letters of Credit only for the purposes set forth in
Section 6.22. The Borrower will use the proceeds of the 2016 New Term Loans made on the 2016 New Term Loan Amendment Funding Date for the purposes set forth in Section 6.22.

 (k) Additional Subsidiaries. If any additional Subsidiary (other than an Excluded Subsidiary) is formed or acquired, after the
Funding Date (or any Excluded Subsidiary ceases to constitute an Excluded Subsidiary), the Borrower will promptly notify the Administrative Agent thereof and will, as promptly as practicable, and in any event within thirty (30) days or, with
respect to Mortgaged Property held by such Subsidiary and specifically the items required by subsection (v) of the definition of Collateral and Guarantee Requirement relating thereto, ninety (90) days (or such longer period as the
Administrative Agent may agree in writing) after such Subsidiary is formed or acquired (or any Excluded Subsidiary ceases to constitute an Excluded Subsidiary) cause the Collateral and Guarantee Requirement to be satisfied with respect to such
Subsidiary and with respect to any Equity Interests in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party. 

  
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 (l) Further Assurances. The Borrower shall, and shall cause each other Loan Party to,
execute any and all further documents, financing statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and other documents)
that are required under the Collateral Documents or this Agreement to cause the Collateral and Guarantee Requirement to be and remain satisfied at all times (subject to the last paragraph of the Collateral and Guarantee Requirement definition). The
Borrower shall provide to the Administrative Agent, from time to time upon reasonable request, evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority of the Liens created or intended to be created by the
Collateral Documents. 
 (m) Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to maintain continuously
in effect a public corporate rating from S&P and a public corporate family rating from Moody’s, in each case in respect of the Borrower, and a public rating of the Closing Date
Term FacilityLoans by each of S&P and Moody’s, it being understood that there is no obligation to maintain any particular rating at any time. 

(n) Pledge of Capital Stock. The Loan Parties shall pledge or cause to be pledged all of the issued and outstanding Capital Stock of
each Subsidiary held by a Loan Party to the extent required to meet the Collateral and Guarantee Requirement (other than any Excluded Assets (as defined in the applicable Collateral Documents)) in accordance with, and to the extent required by, the
requirements of the Collateral Documents to the Collateral Agent for the benefit of the Credit Parties to secure the Obligations. 
 (o)
Designation of Restricted Subsidiaries. The Borrower may at any time designate any Restricted Subsidiary of the Borrower as an Unrestricted Subsidiary; provided that (i)immediately before and after such designation, no Default shall have
occurred and be continuing (or, in the case of a designation that is necessary or advisable (as determined by the Borrower in good faith) for the consummation of a Limited Condition Acquisition, no Default exists as of the date the definitive
acquisition agreements for such Limited Condition Acquisition are entered into), (ii) immediately after giving effect to such designation, the Borrower shall be in compliance on a pro forma basis with the financial covenants set forth in
Section 7.04, and, as a condition precedent to the effectiveness of any such designation, the Borrower shall deliver to the Administrative Agent a certificate setting forth in reasonable detail the calculations demonstrating compliance
with such financial covenants and (iii) no Subsidiary may be designated as an Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purpose of any Specified Indebtedness. The designation of any Subsidiary as an
Unrestricted Subsidiary after the Funding Date shall constitute (A) an Investment by the Borrower therein at the date of designation in an amount equal to the fair market value of the Borrower’s or its Restricted Subsidiaries’ (as
applicable) Investments therein and (B) the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time. 

(p) Information Regarding Collateral. 

(i) The Borrower will furnish to the Administrative Agent promptly (and in any event within thirty (30) days thereof)
written notice of any change in (A) the legal 

  
 89EX-4.2

 Exhibit 4.2 

AMENDED AND RESTATED 

HORTONWORKS, INC. 
 2014
STOCK OPTION AND INCENTIVE PLAN 
 SECTION 1. GENERAL PURPOSE OF THE PLAN; DEFINITIONS  

The name of the plan is the Amended and Restated Hortonworks, Inc. 2014 Stock Option and Incentive Plan (the “Plan”). The purpose of
the Plan is to encourage and enable the officers, employees, Non-Employee Directors and Consultants of Hortonworks, Inc. (the “Company”) and its Subsidiaries upon whose judgment, initiative and efforts the Company largely depends for the
successful conduct of its businesses to acquire a proprietary interest in the Company. It is anticipated that providing such persons with a direct stake in the Company’s welfare will assure a closer identification of their interests with those
of the Company and its stockholders, thereby stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the Company. 

The following terms shall be defined as set forth below: 

“Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder. 

“Administrator”means either the Board or the compensation committee of the Board or a similar committee performing the
functions of the compensation committee and which is comprised of not less than two Non-Employee Directors who are independent. 

“Award” or “Awards,” except where referring to a particular category of grant under the Plan, shall include
Incentive Stock Options, Non-Qualified Stock Options, Stock Appreciation Rights, Restricted Stock Units, Restricted Stock Awards, Unrestricted Stock Awards, Cash-Based Awards, Performance Share Awards and Dividend Equivalent Rights. 

“Award Certificate” means a written or electronic document setting forth the terms and provisions applicable to an Award
granted under the Plan. Each Award Certificate is subject to the terms and conditions of the Plan. 
 “Board” means
the Board of Directors of the Company. 
 “Cash-Based Award” means an Award entitling the recipient to receive a
cash-denominated payment. 
 “Code”means the Internal Revenue Code of 1986, as amended, and any successor Code, and related
rules, regulations and interpretations. 
 “Consultant”means any natural person that provides bona fide services to the
Company, and such services are not in connection with the offer or sale of securities in a capital-raising transaction and do not directly or indirectly promote or maintain a market for the Company’s securities. 

“Covered Employee” means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the
Code. 
 “Dividend Equivalent Right” means an Award entitling the grantee to receive credits based on cash dividends that
would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee. 

“Effective Date” means the date on which the Plan is approved by stockholders as set forth in Section 21. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. 

“Fair Market Value” of the Stock on any given date means the fair market value of the Stock determined in good faith by the
Administrator; provided, however, that if the Stock is admitted to quotation on the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), NASDAQ Global Market or another national securities exchange, the
determination shall be made by reference to market quotations. If there are no market quotations for such date, the determination shall be made by reference to the last date preceding such date for which there are market quotations; provided

 
further, however, that if the date for which Fair Market Value is determined is the first day when trading prices for the Stock are reported on a national securities exchange, the Fair Market
Value shall be the “Price to the Public” (or equivalent) set forth on the cover page for the final prospectus relating to the Company’s Initial Public Offering. 

“Incentive Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as defined
in Section 422 of the Code. 
 “Initial Public Offering” means the consummation of the first underwritten, firm
commitment public offering pursuant to an effective registration statement under the Act covering the offer and sale by the Company of its equity securities, or such other event as a result of or following which the Stock shall be publicly held.

 “Non-Employee Director” means a member of the Board who is not also an employee of the Company or any Subsidiary. 

“Non-Qualified Stock Option” means any Stock Option that is not an Incentive Stock Option. 

“Option”or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 5.

 “Performance-Based Award” means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or
Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder. 

“Performance Criteria” means the criteria that the Administrator selects for purposes of establishing the Performance Goal or
Performance Goals for an individual for a Performance Cycle. The Performance Criteria (which shall be applicable to the organizational level specified by the Administrator, including, but not limited to, the Company or a unit, division, group,
or Subsidiary of the Company) that will be used to establish Performance Goals are limited to the following: total shareholder return, earnings before interest, taxes, depreciation and amortization, net income (loss) (either before or after
interest, taxes, depreciation and/or amortization), changes in the market price of the Stock, economic value-added, funds from operations or similar measure, sales or revenue, acquisitions or strategic transactions, operating income (loss), cash
flow (including, but not limited to, operating cash flow and free cash flow), return on capital, assets, equity, or investment, return on sales, gross or net profit levels, productivity, expense, margins, operating efficiency, customer satisfaction,
working capital, earnings (loss) per share of Stock, sales or market shares and number of customers, any of which may be measured either in absolute terms or as compared to any incremental increase or as compared to results of a peer group. The
Committee may appropriately adjust any evaluation performance under a Performance Criterion to exclude any of the following events that occurs during a Performance Cycle: (i) asset write-downs or impairments, (ii) litigation or claim
judgments or settlements, (iii) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reporting results, (iv) accruals for reorganizations and restructuring programs, (v) any extraordinary
non-recurring items, including those described in the Financial Accounting Standards Board’s authoritative guidance and/or in management’s discussion and analysis of financial condition of operations appearing the Company’s annual
report to stockholders for the applicable year, or (vi) any other extraordinary items adjusted from the Company’s U.S. GAAP results. 

“Performance Cycle” means one or more periods of time, which may be of varying and overlapping durations, as the
Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share
Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months. 

“Performance Goals” means, for a Performance Cycle, the specific goals established in writing by the Administrator for a
Performance Cycle based upon the Performance Criteria. 
 “Performance Share Award” means an Award entitling the recipient
to acquire shares of Stock upon the attainment of specified performance goals. 
 “Registration Effective Time” means the
date and time at which the registration statement on Form S-1 that is filed by the Company with respect to the Initial Public Offering is declared effective by the Securities and Exchange Commission. 

“Restricted Shares” means the shares of Stock underlying a Restricted Stock Award that remain subject to a risk of forfeiture
or the Company’s right of repurchase. 

  
 2 

 “Restricted Stock Award” means an Award of Restricted Shares subject to such
restrictions and conditions as the Administrator may determine at the time of grant. 
 “Restricted Stock Units” means an
Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant. 
 “Sale
Event” shall mean (i) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (ii) a merger, reorganization or consolidation pursuant to which the holders of the
Company’s outstanding voting power and outstanding stock immediately prior to such transaction do not own a majority of the outstanding voting power and outstanding stock or other equity interests of the resulting or successor entity (or its
ultimate parent, if applicable) immediately upon completion of such transaction, (iii) the sale of all of the Stock of the Company to an unrelated person, entity or group thereof acting in concert, or (iv) any other transaction in which
the owners of the Company’s outstanding voting power immediately prior to such transaction do not own at least a majority of the outstanding voting power of the Company or any successor entity immediately upon completion of the transaction
other than as a result of the acquisition of securities directly from the Company. 
 “Sale Price” means the value as
determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event. 

“Section 409A” means Section 409A of the Code and the regulations and other guidance promulgated thereunder. 

“Stock”means the Common Stock, par value $0.0001 per share, of the Company, subject to adjustments pursuant to
Section 3. 
 “Stock Appreciation Right” means an Award entitling the recipient to receive shares of Stock having a
value equal to the excess of the Fair Market Value of the Stock on the date of exercise over the exercise price of the Stock Appreciation Right multiplied by the number of shares of Stock with respect to which the Stock Appreciation Right shall have
been exercised. 
 “Subsidiary” means any corporation or other entity (other than the Company) in which the Company has at
least a 50 percent interest, either directly or indirectly. 
 “Ten Percent Owner” means an employee who owns or is deemed
to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation. 

“Unrestricted Stock Award” means an Award of shares of Stock free of any restrictions. 

 

	SECTION 2.	ADMINISTRATION OF PLAN; ADMINISTRATOR AUTHORITY TO SELECT GRANTEES AND DETERMINE AWARDS  

(a) Administration of Plan. The Plan shall be administered by the Administrator. 

(b) Powers of Administrator. The Administrator shall have the power and authority to grant Awards consistent with the terms of the
Plan, including the power and authority: 
 (i) to select the individuals to whom Awards may from time to time be granted; 

(ii) to determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Qualified Stock Options, Stock
Appreciation Rights, Restricted Stock Awards, Restricted Stock Units, Unrestricted Stock Awards, Cash-Based Awards, Performance Share Awards and Dividend Equivalent Rights or any combination of the foregoing, granted to any one or more grantees;

 (iii) to determine the number of shares of Stock to be covered by any Award; 

(iv) to determine and modify from time to time the terms and conditions, including restrictions, not inconsistent with the terms of the Plan,
of any Award, which terms and conditions may differ among individual Awards and grantees, and to approve the forms of Award Certificates; 

(v) to accelerate at any time the exercisability or vesting of all or any portion of any Award in circumstances involving the grantee’s
death, disability, retirement or termination of employment or a change in control (including a Sale Event); 

  
 3 

 (vi) subject to the provisions of Section 5(c), to extend at any time the period in which
Stock Options may be exercised; and 
 (vii) at any time to adopt, alter and repeal such rules, guidelines and practices for administration
of the Plan and for its own acts and proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written instruments); to make all determinations it deems advisable for the
administration of the Plan; to decide all disputes arising in connection with the Plan; and to otherwise supervise the administration of the Plan. 

All decisions and interpretations of the Administrator shall be binding on all persons, including the Company and Plan grantees. 

(c) Delegation of Authority to Grant Awards. Subject to applicable law, the Administrator, in its discretion, may delegate to the Chief
Executive Officer of the Company all or part of the Administrator’s authority and duties with respect to the granting of Awards to individuals who are (i) not subject to the reporting and other provisions of Section 16 of the Exchange
Act and (ii) not Covered Employees. Any such delegation by the Administrator shall include a limitation as to the amount of Stock underlying Awards that may be granted during the period of the delegation and shall contain guidelines as to the
determination of the exercise price and the vesting criteria. The Administrator may revoke or amend the terms of a delegation at any time but such action shall not invalidate any prior actions of the Administrator’s delegate or delegates that
were consistent with the terms of the Plan. 
 (d) Award Certificate. Awards under the Plan shall be evidenced by Award Certificates
that set forth the terms, conditions and limitations for each Award which may include, without limitation, the term of an Award and the provisions applicable in the event employment or service terminates. 

(e) Indemnification. Neither the Board nor the Administrator, nor any member of either or any delegate thereof, shall be liable for any
act, omission, interpretation, construction or determination made in good faith in connection with the Plan, and the members of the Board and the Administrator (and any delegate thereof) shall be entitled in all cases to indemnification and
reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under the Company’s
articles or bylaws or any directors’ and officers’ liability insurance coverage which may be in effect from time to time and/or any indemnification agreement between such individual and the Company. 

(f) Foreign Award Recipients. Notwithstanding any provision of the Plan to the contrary, in order to comply with the laws in other
countries in which the Company and its Subsidiaries operate or have employees or other individuals eligible for Awards, the Administrator, in its sole discretion, shall have the power and authority to: (i) determine which Subsidiaries shall be
covered by the Plan; (ii) determine which individuals outside the United States are eligible to participate in the Plan; (iii) modify the terms and conditions of any Award granted to individuals outside the United States to comply
with applicable foreign laws; (iv) establish subplans and modify exercise procedures and other terms and procedures, to the extent the Administrator determines such actions to be necessary or advisable (and such subplans and/or modifications
shall be attached to this Plan as appendices); provided, however, that no such subplans and/or modifications shall increase the share limitations contained in Section 3(a) hereof; and (v) take any action, before or after an Award is made,
that the Administrator determines to be necessary or advisable to obtain approval or comply with any local governmental regulatory exemptions or approvals. Notwithstanding the foregoing, the Administrator may not take any actions hereunder, and
no Awards shall be granted, that would violate the Exchange Act or any other applicable United States securities law, the Code or any other applicable United States governing statute or law. 

SECTION 3. STOCK ISSUABLE UNDER THE PLAN; MERGERS; SUBSTITUTION  

(a) Stock Issuable. The maximum number of shares of Stock reserved and available for issuance under the Plan shall be the sum of
the following: (i) from and as of September 12, 2014, 12,000,000 shares of Stock, (ii) from and as of September 12, 2014, the number of shares of Stock that remained available for issuance under the Company’s 2011 Stock
Option and Grant Plan, as amended (the “2011 Plan”), immediately prior to the Registration Effective Time, (iii) from and as of May 25, 2016, an additional 7,000,000 shares of Stock reserved for issuance pursuant to an amendment
and restatement of the Plan as of May 25, 2016 and (iv) from and as of January 1, 2015 and each January 1 thereafter, the number of shares of Stock reserved and available for issuance under the Plan shall be cumulatively
increased by five percent (5%) of the number of shares of Stock issued and outstanding on the immediately preceding December 31 or such lesser amount as determined by the Administrator 

  
 4 

 
(the “Annual Increase”), subject, in each case, to adjustment as provided in this Section 3. Subject to such overall limitations, the maximum aggregate number of shares of Stock
that may be issued in the form of Incentive Stock Options shall not exceed the number of shares of Stock reserved for issuance as of May 25, 2016, as set forth in this section 3(a), as cumulatively increased on each January 1 thereafter by
the lesser of the Annual Increase for such year or 19,500,000 shares of Stock, subject in all cases to adjustment as provided in Section 3(b). For purposes hereof, the shares of Stock underlying any Awards that are forfeited, canceled, held
back upon exercise of an Option or settlement of an Award to cover the exercise price or tax withholding, reacquired by the Company prior to vesting, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) under the
Plan and under the 2011 Plan shall be added back to the shares of Stock available for issuance under the Plan. In the event the Company repurchases shares of Stock on the open market, such shares shall not be added to the shares of Stock available
for issuance under the Plan. Subject to such overall limitations, shares of Stock may be issued up to such maximum number pursuant to any type or types of Award; provided, however, that Stock Options or Stock Appreciation Rights with respect to no
more than 5,000,000 shares of Stock may be granted to any one individual grantee during any one calendar year period. The shares of Stock available for issuance under the Plan may be authorized but unissued shares of Stock or shares of Stock
reacquired by the Company. 
 (b) Changes in Stock. Subject to Section 3(d) hereof, if, as a result of any reorganization,
recapitalization, reclassification, stock dividend, stock split, reverse stock split or other similar change in the Company’s capital stock, the outstanding shares of Stock are increased or decreased or are exchanged for a different number or
kind of shares or other securities of the Company, or additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with respect to such shares of Stock or other securities, or, if, as a
result of any merger or consolidation, sale of all or substantially all of the assets of the Company, the outstanding shares of Stock are converted into or exchanged for securities of the Company or any successor entity (or a parent or subsidiary
thereof), the Administrator shall make an appropriate or proportionate adjustment in (i) the maximum number of shares reserved for issuance under the Plan, including the maximum number of shares that may be issued in the form of Incentive Stock
Options, (ii) the number of Stock Options or Stock Appreciation Rights that can be granted to any one individual grantee and the maximum number of shares that may be granted under a Performance-Based Award, (iii) the number and kind of
shares or other securities subject to any then outstanding Awards under the Plan, (iv) the repurchase price, if any, per share subject to each outstanding Restricted Stock Award, and (v) the exercise price for each share subject to any
then outstanding Stock Options and Stock Appreciation Rights under the Plan, without changing the aggregate exercise price (i.e., the exercise price multiplied by the number of Stock Options and Stock Appreciation Rights) as to which such Stock
Options and Stock Appreciation Rights remain exercisable. The Administrator shall also make equitable or proportionate adjustments in the number of shares subject to outstanding Awards and the exercise price and the terms of outstanding Awards
to take into consideration cash dividends paid other than in the ordinary course or any other extraordinary corporate event. The adjustment by the Administrator shall be final, binding and conclusive. No fractional shares of Stock shall be
issued under the Plan resulting from any such adjustment, but the Administrator in its discretion may make a cash payment in lieu of fractional shares. 

(c) Mergers and Other Transactions. Except as the Administrator may otherwise specify with respect to particular Awards in the
relevant Award Certificate, in the case of and subject to the consummation of a Sale Event, the parties thereto may cause the assumption or continuation of Awards theretofore granted by the successor entity, or the substitution of such Awards with
new Awards of the successor entity or parent thereof, with appropriate adjustment as to the number and kind of shares and, if appropriate, the per share exercise prices, as such parties shall agree. To the extent the parties to such Sale Event
do not provide for the assumption, continuation or substitution of Awards, upon the effective time of the Sale Event, the Plan and all outstanding Awards granted hereunder shall terminate. In the event of such termination, (i) the Company
shall have the option (in its sole discretion) to make or provide for a cash payment to the grantees holding Options and Stock Appreciation Rights, in exchange for the cancellation thereof, in an amount equal to the difference between (A) the
Sale Price multiplied by the number of shares of Stock subject to outstanding Options and Stock Appreciation Rights (to the extent then exercisable at prices not in excess of the Sale Price) and (B) the aggregate exercise price of all such
outstanding Options and Stock Appreciation Rights; or (ii) each grantee shall be permitted, within a specified period of time prior to the consummation of the Sale Event as determined by the Administrator, to exercise all outstanding Options
and Stock Appreciation Rights (to the extent then exercisable) held by such grantee. 
 SECTION 4. ELIGIBILITY  

Grantees under the Plan will be such full or part-time officers and other employees, Non-Employee Directors and Consultants of the Company and
its Subsidiaries as are selected from time to time by the Administrator in its sole discretion. 
 SECTION 5. STOCK OPTIONS  

(a) Award of Stock Options. The Administrator may grant Stock Options under the Plan. Any Stock Option granted under the Plan
shall be in such form as the Administrator may from time to time approve. 

  
 5 

 Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock
Options. Incentive Stock Options may be granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To the extent that any Option does not qualify as
an Incentive Stock Option, it shall be deemed a Non-Qualified Stock Option. 
 Stock Options granted pursuant to this Section 5 shall
be subject to the following terms and conditions and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Administrator shall deem desirable. If the Administrator so determines, Stock Options
may be granted in lieu of cash compensation at the optionee’s election, subject to such terms and conditions as the Administrator may establish. 

(b) Exercise Price. The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5
shall be determined by the Administrator at the time of grant but shall not be less than 100 percent of the Fair Market Value on the date of grant. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the option
price of such Incentive Stock Option shall be not less than 110 percent of the Fair Market Value on the grant date. 
 (c) Option
Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than ten years after the date the Stock Option is granted. In the case of an Incentive Stock Option that is granted
to a Ten Percent Owner, the term of such Stock Option shall be no more than five years from the date of grant. 
 (d) Exercisability;
Rights of a Stockholder. Stock Options shall become exercisable at such time or times, whether or not in installments, as shall be determined by the Administrator at or after the grant date. The Administrator may at any time accelerate
the exercisability of all or any portion of any Stock Option. An optionee shall have the rights of a stockholder only as to shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options. 

(e) Method of Exercise. Stock Options may be exercised in whole or in part, by giving written or electronic notice of exercise to
the Company, specifying the number of shares to be purchased. Payment of the purchase price may be made by one or more of the following methods except to the extent otherwise provided in the Option Award Certificate: 

(i) In cash, by certified or bank check or other instrument acceptable to the Administrator; 

(ii) Through the delivery (or attestation to the ownership following such procedures as the Company may prescribe) of shares of Stock that are
not then subject to restrictions under any Company plan. Such surrendered shares shall be valued at Fair Market Value on the exercise date; 

(iii) By the optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to
promptly deliver to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that in the event the optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply with
such procedures and enter into such agreements of indemnity and other agreements as the Company shall prescribe as a condition of such payment procedure; or 

(iv) With respect to Stock Options that are not Incentive Stock Options, by a “net exercise” arrangement pursuant to which the
Company will reduce the number of shares of Stock issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise price. Payment instruments will be received subject to
collection. The transfer to the optionee on the records of the Company or of the transfer agent of the shares of Stock to be purchased pursuant to the exercise of a Stock Option will be contingent upon receipt from the optionee (or a purchaser
acting in his stead in accordance with the provisions of the Stock Option) by the Company of the full purchase price for such shares and the fulfillment of any other requirements contained in the Option Award Certificate or applicable provisions of
laws (including the satisfaction of any withholding taxes that the Company is obligated to withhold with respect to the optionee). In the event an optionee chooses to pay the purchase price by previously-owned shares of Stock through the
attestation method, the number of shares of Stock transferred to the optionee upon the exercise of the Stock Option shall be net of the number of attested shares. In the event that the Company establishes, for itself or using the services of a
third party, an automated system for the exercise of Stock Options, such as a system using an internet website or interactive voice response, then the paperless exercise of Stock Options may be permitted through the use of such an automated system.

 (f) Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under
Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the shares of Stock with respect to which Incentive Stock Options granted under this Plan and any other plan of the Company or its parent and
subsidiary corporations become exercisable for the first time by an optionee during any calendar year shall not exceed $100,000. To the extent that any Stock Option exceeds this limit, it shall constitute a Non-Qualified Stock Option. 

  
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 SECTION 6. STOCK APPRECIATION RIGHTS  

(a) Award of Stock Appreciation Rights. The Administrator may grant Stock Appreciation Rights under the Plan. A Stock
Appreciation Right is an Award entitling the recipient to receive shares of Stock having a value equal to the excess of the Fair Market Value of a share of Stock on the date of exercise over the exercise price of the Stock Appreciation Right
multiplied by the number of shares of Stock with respect to which the Stock Appreciation Right shall have been exercised. 
 (b) Exercise
Price of Stock Appreciation Rights. The exercise price of a Stock Appreciation Right shall not be less than 100 percent of the Fair Market Value of the Stock on the date of grant. 

(c) Grant and Exercise of Stock Appreciation Rights. Stock Appreciation Rights may be granted by the Administrator independently
of any Stock Option granted pursuant to Section 5 of the Plan. 
 (d) Terms and Conditions of Stock Appreciation
Rights. Stock Appreciation Rights shall be subject to such terms and conditions as shall be determined from time to time by the Administrator. The term of a Stock Appreciation Right may not exceed ten years. 

SECTION 7. RESTRICTED STOCK AWARDS  

(a) Nature of Restricted Stock Awards. The Administrator may grant Restricted Stock Awards under the Plan. A Restricted Stock
Award is any Award of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant. Conditions may be based on continuing employment (or other service relationship) and/or achievement of
pre-established performance goals and objectives. The terms and conditions of each such Award Certificate shall be determined by the Administrator, and such terms and conditions may differ among individual Awards and grantees. 

(b) Rights as a Stockholder. Upon the grant of the Restricted Stock Award and payment of any applicable purchase price, a grantee
shall have the rights of a stockholder with respect to the voting of the Restricted Shares and receipt of dividends; provided that if the lapse of restrictions with respect to the Restricted Stock Award is tied to the attainment of performance
goals, any dividends paid by the Company during the performance period shall accrue and shall not be paid to the grantee until and to the extent the performance goals are met with respect to the Restricted Stock Award. Unless the Administrator
shall otherwise determine, (i) uncertificated Restricted Shares shall be accompanied by a notation on the records of the Company or the transfer agent to the effect that they are subject to forfeiture until such Restricted Shares are vested as
provided in Section 7(d), below, and (ii) certificated Restricted Shares shall remain in the possession of the Company until such Restricted Shares are vested as provided in Section 7(d) below, and the grantee shall be required, as a
condition of the grant, to deliver to the Company such instruments of transfer as the Administrator may prescribe. 
 (c)
Restrictions. Restricted Shares may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided herein or in the Restricted Stock Award Certificate. Except as may otherwise be provided by
the Administrator either in the Award Certificate or, subject to Section 18 below, in writing after the Award is issued, if a grantee’s employment (or other service relationship) with the Company and its Subsidiaries terminates for any
reason, any Restricted Shares that have not vested at the time of termination shall automatically and without any requirement of notice to such grantee from or other action by or on behalf of, the Company be deemed to have been reacquired by the
Company at its original purchase price (if any) from such grantee or such grantee’s legal representative simultaneously with such termination of employment (or other service relationship), and thereafter shall cease to represent any ownership
of the Company by the grantee or rights of the grantee as a stockholder. Following such deemed reacquisition of Restricted Shares that are represented by physical certificates, a grantee shall surrender such certificates to the Company upon request
without consideration. 
 (d) Vesting of Restricted Shares. The Administrator at the time of grant shall specify the date or dates
and/or the attainment of pre-established performance goals, objectives and other conditions on which the non-transferability of the Restricted Shares and the Company’s right of repurchase or forfeiture shall lapse. Subsequent to such date or
dates and/or the attainment of such pre-established performance goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer be Restricted Shares and shall be deemed “vested.” 

SECTION 8. RESTRICTED STOCK UNITS  

(a) Nature of Restricted Stock Units. The Administrator may grant Restricted Stock Units under the Plan. A Restricted

  
 7 

 
Stock Unit is an Award of stock units that may be settled in shares of Stock upon the satisfaction of such restrictions and conditions at the time of grant. Conditions may be based on
continuing employment (or other service relationship) and/or achievement of pre-established performance goals and objectives. The terms and conditions of each such Award Certificate shall be determined by the Administrator, and such terms and
conditions may differ among individual Awards and grantees. Except in the case of Restricted Stock Units with a deferred settlement date that complies with Section 409A, at the end of the vesting period, the Restricted Stock Units, to the
extent vested, shall be settled in the form of shares of Stock. Restricted Stock Units with deferred settlement dates are subject to Section 409A and shall contain such additional terms and conditions as the Administrator shall determine
in its sole discretion in order to comply with the requirements of Section 409A. 
 (b) Election to Receive Restricted Stock Units
in Lieu of Compensation. The Administrator may, in its sole discretion, permit a grantee to elect to receive a portion of future cash compensation otherwise due to such grantee in the form of an award of Restricted Stock Units. Any
such election shall be made in writing and shall be delivered to the Company no later than the date specified by the Administrator and in accordance with Section 409A and such other rules and procedures established by the
Administrator. Any such future cash compensation that the grantee elects to defer shall be converted to a fixed number of Restricted Stock Units based on the Fair Market Value of Stock on the date the compensation would otherwise have been paid
to the grantee if such payment had not been deferred as provided herein. The Administrator shall have the sole right to determine whether and under what circumstances to permit such elections and to impose such limitations and other terms and
conditions thereon as the Administrator deems appropriate. Any Restricted Stock Units that are elected to be received in lieu of cash compensation shall be fully vested, unless otherwise provided in the Award Certificate. 

(c) Rights as a Stockholder. A grantee shall have the rights as a stockholder only as to shares of Stock acquired by the grantee
upon settlement of Restricted Stock Units; provided, however, that the grantee may be credited with Dividend Equivalent Rights with respect to the stock units underlying his Restricted Stock Units, subject to the provisions of Section 11 and
such terms and conditions as the Administrator may determine. 
 (d) Termination. Except as may otherwise be provided by the
Administrator either in the Award Certificate or, subject to Section 18 below, in writing after the Award is issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon the grantee’s
termination of employment (or cessation of service relationship) with the Company and its Subsidiaries for any reason. 
 SECTION 9. UNRESTRICTED
STOCK AWARDS  
 Grant or Sale of Unrestricted Stock. The Administrator may grant (or sell at par value or such higher
purchase price determined by the Administrator) an Unrestricted Stock Award under the Plan. An Unrestricted Stock Award is an Award pursuant to which the grantee may receive shares of Stock free of any restrictions under the
Plan. Unrestricted Stock Awards may be granted in respect of past services or other valid consideration, or in lieu of cash compensation due to such grantee. 

SECTION 10. CASH-BASED AWARDS  

Grant of Cash-Based Awards. The Administrator may grant Cash-Based Awards under the Plan. A Cash-Based Award is an Award that
entitles the grantee to a payment in cash upon the attainment of specified Performance Goals. The Administrator shall determine the maximum duration of the Cash-Based Award, the amount of cash to which the Cash-Based Award pertains, the
conditions upon which the Cash-Based Award shall become vested or payable and such other provisions as the Administrator shall determine. Each Cash-Based Award shall specify a cash-denominated payment amount, formula or payment ranges as
determined by the Administrator. Payment, if any, with respect to a Cash-Based Award shall be made in accordance with the terms of the Award and may be made in cash. 

SECTION 11. PERFORMANCE SHARE AWARDS  

(a) Nature of Performance Share Awards. The Administrator may grant Performance Share Awards under the Plan. A Performance
Share Award is an Award entitling the grantee to receive shares of Stock upon the attainment of performance goals. The Administrator shall determine whether and to whom Performance Share Awards shall be granted, the performance goals, the
periods during which performance is to be measured, which may not be less than one year except in the case of a Sale Event and such other limitations and conditions as the Administrator shall determine. 

(b) Rights as a Stockholder. A grantee receiving a Performance Share Award shall have the rights of a stockholder only as to
shares of Stock actually received by the grantee under the Plan and not with respect to shares subject to the Award but not actually received by the grantee. A grantee shall be entitled to receive shares of Stock under a Performance Share Award
only upon satisfaction of all conditions specified in the Performance Share Award Certificate (or in a performance plan adopted by the Administrator). 

  
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 (c) Termination. Except as may otherwise be provided by the Administrator either in the
Award agreement or, subject to Section 18 below, in writing after the Award is issued, a grantee’s rights in all Performance Share Awards shall automatically terminate upon the grantee’s termination of employment (or cessation of
service relationship) with the Company and its Subsidiaries for any reason. 
 SECTION 12. PERFORMANCE-BASED AWARDS TO COVERED EMPLOYEES  

(a) Performance-Based Awards. The Administrator may grant one or more Performance-Based Awards in the form of a Restricted Stock
Award, Restricted Stock Units, Performance Share Awards or Cash-Based Award payable upon the attainment of Performance Goals that are established by the Administrator and relate to one or more of the Performance Criteria, in each case on a specified
date or dates or over any period or periods determined by the Administrator. The Administrator shall define in an objective fashion the manner of calculating the Performance Criteria it selects to use for any Performance Cycle. Depending
on the Performance Criteria used to establish such Performance Goals, the Performance Goals may be expressed in terms of overall Company performance or the performance of a division, business unit or an individual. Each Performance-Based Award
shall comply with the provisions set forth below. 
 (b) Grant of Performance-Based Awards. With respect to each
Performance-Based Award granted to a Covered Employee, the Administrator shall select, within the first 90 days of a Performance Cycle (or, if shorter, within the maximum period allowed under Section 162(m) of the Code), the Performance
Criteria for such grant and the Performance Goals with respect to each Performance Criterion (including a threshold level of performance below which no amount will become payable with respect to such Award). Each Performance-Based Award will
specify the amount payable, or the formula for determining the amount payable, upon achievement of the various applicable performance targets. The Performance Criteria established by the Administrator may be (but need not be) different for each
Performance Cycle and different Performance Goals may be applicable to Performance-Based Awards to different Covered Employees. 
 (c)
Payment of Performance-Based Awards. Following the completion of a Performance Cycle, the Administrator shall meet to review and certify in writing whether, and to what extent, the Performance Goals for the Performance Cycle have been
achieved and, if so, to also calculate and certify in writing the amount of the Performance-Based Awards earned for the Performance Cycle. The Administrator shall then determine the actual size of each Covered Employee’s Performance-Based
Award. 
 (d) Maximum Award Payable. The maximum Performance-Based Award payable to any one Covered Employee under the Plan for
a Performance Cycle is 5,000,000 shares of Stock (subject to adjustment as provided in Section 3(c) hereof) or $5 million in the case of a Performance-Based Award that is a Cash-Based Award. 

SECTION 13. DIVIDEND EQUIVALENT RIGHTS  

(a) Dividend Equivalent Rights. The Administrator may grant Dividend Equivalent Rights under the Plan. A Dividend Equivalent
Right is an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other Award to which it relates) if such shares had been issued to the
grantee. A Dividend Equivalent Right may be granted hereunder to any grantee as a component of an award of Restricted Stock Units, Restricted Stock Award or Performance Share Award or as a freestanding award. The terms and conditions of
Dividend Equivalent Rights shall be specified in the Award Certificate. Dividend equivalents credited to the holder of a Dividend Equivalent Right may be paid currently or may be deemed to be reinvested in additional shares of Stock, which may
thereafter accrue additional equivalents. Any such reinvestment shall be at Fair Market Value on the date of reinvestment or such other price as may then apply under a dividend reinvestment plan sponsored by the Company, if any. Dividend
Equivalent Rights may be settled in cash or shares of Stock or a combination thereof, in a single installment or installments. A Dividend Equivalent Right granted as a component of an Award of Restricted Stock Units or Performance Share Award
shall provide that such Dividend Equivalent Right shall be settled only upon settlement or payment of, or lapse of restrictions on, such other Award, and that such Dividend Equivalent Right shall expire or be forfeited or annulled under the same
conditions as such other Award. 
 (b) Termination. Except as may otherwise be provided by the Administrator either in the Award
Certificate or, subject to Section 18 below, in writing after the Award is issued, a grantee’s rights in all Dividend Equivalent Rights shall automatically terminate upon the grantee’s termination of employment (or cessation of
service relationship) with the Company and its Subsidiaries for any reason. 

  
 9 

 SECTION 14. TRANSFERABILITY OF AWARDS  

(a) Transferability. Except as provided in Section 14(b) below, during a grantee’s lifetime, his or her Awards shall be
exercisable only by the grantee, or by the grantee’s legal representative or guardian in the event of the grantee’s incapacity. No Awards shall be sold, assigned, transferred or otherwise encumbered or disposed of by a grantee other than
by will or by the laws of descent and distribution or pursuant to a domestic relations order. No Awards shall be subject, in whole or in part, to attachment, execution, or levy of any kind, and any purported transfer in violation hereof shall be
null and void. 
 (b) Administrator Action. Notwithstanding Section 14(a), the Administrator, in its discretion, may
provide either in the Award Certificate regarding a given Award or by subsequent written approval that the grantee (who is an employee or director) may transfer his or her Non-Qualified Options to his or her immediate family members, to trusts for
the benefit of such family members or to partnerships in which such family members are the only partners, provided that the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan and the applicable
Award. In no event may an Award be transferred by a grantee for value. 
 (c) Family Member. For purposes of Section 14(b),
“family member” shall mean a grantee’s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or
sister-in-law, including adoptive relationships, any person sharing the grantee’s household (other than a tenant of the grantee), a trust in which these persons (or the grantee) have more than 50 percent of the beneficial interest, a foundation
in which these persons (or the grantee) control the management of assets and any other entity in which these persons (or the grantee) own more than 50 percent of the voting interests. 

(d) Designation of Beneficiary. To the extent permitted by the Company, each grantee to whom an Award has been made under the Plan may
designate a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the Administrator and shall not
be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate. 

SECTION 15. TAX WITHHOLDING  
 (a)
Payment by Grantee. Each grantee shall, no later than the date as of which the value of an Award or of any Stock or other amounts received thereunder first becomes includable in the gross income of the grantee for Federal income tax
purposes, pay to the Company, or make arrangements satisfactory to the Administrator regarding payment of, any Federal, state or local taxes of any kind required by law to be withheld by the Company with respect to such income. The Company and its
Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation to deliver evidence of book entry (or stock certificates) to any
grantee is subject to and conditioned on tax withholding obligations being satisfied by the grantee. 
 (b) Payment in Stock. Subject
to approval by the Administrator, the Company’s minimum required tax withholding obligation may be satisfied, in whole or in part, by the Company withholding from shares of Stock to be issued pursuant to any Award a number of shares with an
aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due, or by the Administrator requiring that a certain number of shares issuable pursuant to an Award be immediately sold in order to
satisfy the withholding amount due. The Administrator may require Awards to be subject to mandatory share withholding up to the required withholding amount. For purposes of share withholding, the Fair Market Value of withheld shares shall be
determined in the same manner as the value of Stock includible in income of the Participants. 
 SECTION 16. SECTION 409A AWARDS  

All Awards are intended to either be exempt from, or comply with, the requirements of Section 409A and the terms thereof shall be
interpreted in accordance with such intent. To the extent that any Award is determined to constitute “nonqualified deferred compensation” within the meaning of Section 409A (a “409A Award”), the Award shall be subject to
such additional rules and requirements as specified by the Administrator from time to time in order to comply with Section 409A. In this regard, if any amount under a 409A Award is payable upon a “separation from service” (within the
meaning of Section 409A) to a grantee who is then considered a “specified employee” (within the meaning of Section 409A), then no such payment shall be made prior to the date that is the earlier of (i) six months and one day
after the grantee’s separation from service or (ii) the grantee’s death, but only to the extent such delay is necessary to prevent such payment from being subject to interest, penalties and/or additional tax imposed pursuant to
Section 409A. Further, the settlement of any such Award may not be accelerated except to the extent permitted by Section 409A. 

  
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 SECTION 17. TERMINATION OF EMPLOYMENT, TRANSFER, LEAVE OF ABSENCE, ETC.  

(a) Termination of Employment. If the grantee’s employer ceases to be a Subsidiary, the grantee shall be deemed to have terminated
employment for purposes of the Plan. 
 (b) For purposes of the Plan, the following events shall not be deemed a termination of employment:

 (i) a transfer to the employment of the Company from a Subsidiary, from the Company to a Subsidiary, or from one Subsidiary to another;
or 
 (ii) an approved leave of absence for military service or sickness, or for any other purpose approved by the Company, if the
employee’s right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was granted or if the Administrator otherwise so provides in writing. 

SECTION 18. AMENDMENTS AND TERMINATION  

The Board may, at any time, amend or discontinue the Plan and the Administrator may, at any time, amend or cancel any outstanding Award for the
purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any outstanding Award without the holder’s consent. Except as provided in Section 3(c) or 3(d), without prior
stockholder approval, in no event may the Administrator exercise its discretion to reduce the exercise price of outstanding Stock Options or Stock Appreciation Rights or effect repricing through cancellation and re-grants or cancellation of Stock
Options or Stock Appreciation Rights in exchange for cash. To the extent required under the rules of any securities exchange or market system on which the Stock is listed, to the extent determined by the Administrator to be required by the Code to
ensure that Incentive Stock Options granted under the Plan are qualified under Section 422 of the Code, or to ensure that compensation earned under Awards qualifies as performance-based compensation under Section 162(m) of the Code, Plan
amendments shall be subject to approval by the Company stockholders entitled to vote at a meeting of stockholders. Nothing in this Section 18 shall limit the Administrator’s authority to take any action permitted pursuant to
Section 3(c) or 3(d). 
 SECTION 19. STATUS OF PLAN  

With respect to the portion of any Award that has not been exercised and any payments in cash, Stock or other consideration not received by a
grantee, a grantee shall have no rights greater than those of a general creditor of the Company unless the Administrator shall otherwise expressly determine in connection with any Award or Awards. In its sole discretion, the Administrator may
authorize the creation of trusts or other arrangements to meet the Company’s obligations to deliver Stock or make payments with respect to Awards hereunder, provided that the existence of such trusts or other arrangements is consistent with the
foregoing sentence. 
 SECTION 20. GENERAL PROVISIONS  

(a) No Distribution. The Administrator may require each person acquiring Stock pursuant to an Award to represent to and agree with
the Company in writing that such person is acquiring the shares without a view to distribution thereof. 
 (b) Delivery of Stock
Certificates. Stock certificates to grantees under this Plan shall be deemed delivered for all purposes when the Company or a stock transfer agent of the Company shall have mailed such certificates in the United States mail, addressed to the
grantee, at the grantee’s last known address on file with the Company. Uncertificated Stock shall be deemed delivered for all purposes when the Company or a Stock transfer agent of the Company shall have given to the grantee by electronic mail
(with proof of receipt) or by United States mail, addressed to the grantee, at the grantee’s last known address on file with the Company, notice of issuance and recorded the issuance in its records (which may include electronic “book
entry” records). Notwithstanding anything herein to the contrary, the Company shall not be required to issue or deliver any certificates evidencing shares of Stock pursuant to the exercise of any Award, unless and until the Administrator has
determined, with advice of counsel (to the extent the Administrator deems such advice necessary or advisable), that the issuance and delivery of such certificates is in compliance with all applicable laws, regulations of governmental authorities
and, if applicable, the requirements of any exchange on which the shares of Stock are listed, quoted or traded. All Stock certificates delivered pursuant to the Plan shall be subject to any stop-transfer orders and other restrictions as the
Administrator deems necessary or advisable to comply with federal, state or foreign jurisdiction, securities or other laws, rules and quotation system on which the Stock is listed, quoted or traded. The Administrator may place legends on any Stock
certificate to reference restrictions applicable to the Stock. In addition to the terms and conditions provided herein, the Administrator may require that an individual make such reasonable covenants, agreements and representations as the
Administrator, in its discretion, deems necessary or advisable in order to comply with any such laws, regulations or requirements. The Administrator shall have the right to require any individual to comply with any timing or other restrictions
with respect to the settlement or exercise of any Award, including a window-period limitation, as may be imposed in the discretion of the Administrator. 

  
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 (c) Stockholder Rights. Until Stock is deemed delivered in accordance with
Section 20(b), no right to vote or receive dividends or any other rights of a stockholder will exist with respect to shares of Stock to be issued in connection with an Award, notwithstanding the exercise of a Stock Option or any other action by
the grantee with respect to an Award. 
 (d) Other Compensation Arrangements; No Employment Rights. Nothing contained in this
Plan shall prevent the Board from adopting other or additional compensation arrangements, including trusts, and such arrangements may be either generally applicable or applicable only in specific cases. The adoption of this Plan and the grant
of Awards do not confer upon any employee any right to continued employment with the Company or any Subsidiary. 
 (e) Trading Policy
Restrictions. Option exercises and other Awards under the Plan shall be subject to the Company’s insider trading policies and procedures, as in effect from time to time. 

(f) Clawback Policy. Awards under the Plan shall be subject to the Company’s clawback policy, as in effect from time to time. 

SECTION 21. EFFECTIVE DATE OF PLAN  

This Plan shall become effective upon stockholder approval of the Plan in accordance with applicable state law, the Company’s bylaws and
certificate of incorporation and applicable stock exchange rules. No grants of Stock Options and other Awards may be made hereunder after the tenth anniversary of the Effective Date and no grants of Incentive Stock Options may be made hereunder
after the tenth anniversary of the date the Plan is approved by the Board. 
 SECTION 22. GOVERNING LAW  

This Plan and all Awards and actions taken thereunder shall be governed by, and construed in accordance with, the laws of the State of Delaware
applied without regard to conflict of law principles. 
 ORIGINALLY ADOPTED:

September 12, 2014 
 AMENDED AND RESTATED
PLAN APPROVED BY THE BOARD ON: 
 April 18, 2016 

AMENDED AND RESTATED PLAN APPROVED BY THE STOCKHOLDERS ON: 

May 25, 2016 

  
 12

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