Document:

Form of Amended and Restated 2009 Stock Incentive Plan (Outside Directors)

 Exhibit 10.2 
 FORM OF 
 FINANCIAL ENGINES, INC. 

2009 STOCK INCENTIVE PLAN 
 NOTICE OF STOCK OPTION GRANT 
 OUTSIDE DIRECTOR 

You have been granted the following Option to purchase Common Stock of FINANCIAL ENGINES, INC. (the “Company”) under the
Company’s Amended and Restated 2009 Stock Incentive Plan (the “Plan”): 
  

			
	 Name of Optionee:
  
	  	
	 Total Number of Option Shares Granted:

 
	  	
	 Type of Option:
  
	  	
	 Exercise Price Per Share:

 
	  	
	 Grant Date:
  
	  	
	 Vesting Commencement Date:

 
	  	
	Vesting Schedule:	  	 Twenty-five percent (25%) of the Shares subject to this Option shall vest and become exercisable on the first anniversary of the date
of grant. The balance of the Shares subject to this Option (i.e. the remaining seventy-five percent (75%)) shall vest and become exercisable monthly over a 3-year period beginning on the day which is one month after the first anniversary of the date
of grant, at a monthly rate of 2.0833% of the total number of Shares subject to such Option.
  
 Notwithstanding the foregoing, the Shares subject to this Option shall become vested if a Change in Control occurs with respect to the Company during the Optionee’s Service.

 

	Expiration Date:	  	This Option expires earlier if your Service terminates earlier, as described in the Stock Option Agreement.

 By your acceptance of this Stock Option Grant, you agree that this Option is granted under and
governed by the terms and conditions of the Plan and the Stock Option Agreement (the “Agreement”), which are attached to and made a part of this document. 
 By accepting this Stock Option Grant you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award (including without limitation, prospectuses required by
the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy statements). You also agree that the

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR NOTICE OF STOCK
OPTION GRANT 

  
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Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website,
it will notify you by e-mail. 
  

									
	FINANCIAL ENGINES, INC.	 		 	OPTIONEE
					
		 	/s/ Raymond J. Sims	 		 		 	
	By:	 	RAYMOND J SIMS	 		 	By:	 	  

	Title:	 	E.V.P. and Chief Financial Officer	 		 	Title:	 	  

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR NOTICE OF STOCK
OPTION GRANT 

  
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 FINANCIAL ENGINES, INC. 

2009 STOCK INCENTIVE PLAN 
 STOCK OPTION AGREEMENT 
 OUTSIDE DIRECTOR 

 

			
	Tax Treatment	  	 This Option is intended to be a non-qualified option, as provided in the Notice of Stock Option Grant.

 

	Vesting	  	 This Option becomes exercisable in installments, as shown in the Notice of Stock Option Grant. This Option will in no event become
exercisable for additional Shares after your Service as a Director has terminated for any reason.
  

	Term	  	 This Option expires in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Grant
Date, as shown on the Notice of Stock Option Grant This Option may expire earlier if your Service terminates, as described below.
  

	Termination	  	 If your Service terminates for any reason other than death, then this Option will expire at the close of business at Company
headquarters on the date twelve (12) months after the date your Service terminates (or, if earlier, the Expiration Date). If your Service terminates because of death, then this Option will expire at the close of business at Company headquarters on
the date eighteen (18) months after the date your Service terminates (or, if earlier, the Expiration Date). During the 18-month period, your estate or heirs may exercise the Option. The Company determines when your Service terminates for this
purpose and all purposes under the Plan and its determinations are conclusive and binding on all persons.
  

	Restrictions on Exercise	  	 The Company will not permit you to exercise this Option if the issuance of Shares at that time would violate any law or regulation.
The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of the Company stock pursuant to this Option shall relieve the Company of any liability
with respect to the non-issuance or sale of the Company stock as to which such approval shall not have been obtained.
  

	Notice of Exercise	  	When you wish to exercise this Option you must provide a notice of exercise form in accordance with such procedures as are established by the Company and communicated to you from
time to time. Any notice of exercise must specify how many Shares you wish to purchase and how your Shares should be registered. The notice of exercise will be effective when it is received by the Company. If someone else wants to exercise this
Option after your death, that person must prove to the Company’s satisfaction that he or she is entitled to do so.

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR STOCK OPTION AGREEMENT

  
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	Form of Payment	  	 When you submit your notice of exercise, you must include payment of the Option exercise price for the Shares you are purchasing.
Payment may be made in the following form(s):
  

		  	 •      Your personal check, a cashier’s check or a money order.

		
		  	 •      Certificates for Shares that you own, along with any forms needed to effect a
transfer of those Shares to the Company. The value of the Shares, determined as of the effective date of the Option exercise, will be applied to the Option exercise price. Instead of surrendering Shares, you may attest to the ownership of those
Shares on a form provided by the Company and have the same number of Shares subtracted from the Shares issued to you upon exercise of the Option. However, you may not surrender or attest to the ownership of Shares in payment of the exercise price if
your action would cause the Company to recognize a compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes.

		
		  	 •      By delivery on a form approved by the Company of an irrevocable direction to a
securities broker approved by the Company to sell all or part of the Shares that are issued to you when you exercise this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price and any
withholding taxes. The balance of the sale proceeds, if any, will be delivered to you. The directions must be given by providing a notice of exercise form approved by the Company.

		
		  	 •      By delivery on a form approved by the Company of an irrevocable direction to a
securities broker or lender approved by the Company to pledge Shares that are issued to you when you exercise this Option as security for a loan and to deliver to the Company from the loan proceeds an amount sufficient to pay the Option exercise
price and any withholding taxes. The directions must be given by providing a notice of exercise form approved by the Company.

		
		  	 •      Any other form permitted by the Committee in its sole
discretion.

		  	  
 Notwithstanding the foregoing, payment may not be made in any
form that is unlawful, as determined by the Committee in its sole discretion.
  

	Restrictions on Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR STOCK OPTION AGREEMENT

  
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	Transfer of Option	  	 In general, only you can exercise this Option prior to your death. You may not sell, transfer, assign, pledge or otherwise dispose of
this Option, other than as designated by you by will or by the laws of descent and distribution, except as provided below. For instance, you may not use this Option as security for a loan. If you attempt to do any of these things, this Option will
immediately become invalid. You may in any event dispose of this Option in your will. Regardless of any marital property settlement agreement, the Company is not obligated to honor a notice of exercise from your former spouse, nor is the Company
obligated to recognize your former spouse’s interest in your Option in any other way.
  

	Retention Rights	  	 Neither your Option nor this Agreement gives you the right to continue as a Director, or to become employed or retained by the
Company or a subsidiary of the Company in any capacity. The Board of Directors, the Company and its subsidiaries reserve the right to terminate your Service at any time, with or without cause.

 

	Stockholder Rights	  	 Your Options carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of
the Company unless and until you have exercised this Option by giving the required notice to the Company and paying the exercise price. No adjustments will be made for dividends or other rights if the applicable record date occurs before you
exercise this Option, except as described in the Plan.
  

	Adjustments	  	 In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Shares covered by this Option
and the exercise price per Share shall be adjusted pursuant to the Plan.
  

	Successors and Assigns	  	 Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective heirs, legatees, legal representatives, successors, transferees and assigns.
  

	Notice	  	 Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the
earliest of personal delivery, receipt or the third full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may
designate by ten (10) days’ advance written notice to the other party hereto.
  

	Applicable Law	  	 This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law
provisions).
  

	 The Plan and
 Other
Agreements
	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in the Agreement shall have the meanings assigned to them in the Plan. This Agreement
and the Plan constitute the entire understanding between you and the Company regarding this Option. Any prior agreements, commitments or negotiations concerning this Option are

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR STOCK OPTION AGREEMENT

  
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		  	superseded. This Agreement may be amended by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under the
Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

 BY ACCEPTING THIS AGREEMENT, 

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE PLAN. 

  

FINANCIAL ENGINES, INC. 

JULY 2012 OUTSIDE DIRECTOR STOCK OPTION AGREEMENT

  
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 Exhibit 10.1 
 NATIONAL FINANCIAL PARTNERS CORP. 
 2009 STOCK INCENTIVE PLAN

 RESTRICTED STOCK UNIT NOTICE OF AWARD 
 This Restricted Stock Unit Notice of Award (“Notice”) is to certify that the participant named below (the “Participant”) has been granted the number of Restricted Stock
Units (“RSUs”) set forth below under the terms and conditions set forth in this Notice. The award described below (the “Award”) is subject to, and this Notice incorporates by reference, the attached additional terms
and conditions (the “Additional Terms and Conditions”). Please refer to the Additional Terms and Conditions and the National Financial Partners Corp. 2009 Stock Incentive Plan (the “Plan”) for an explanation of the
terms and conditions of the Award and a full description of your rights and obligations. 
  

			
	Award Number:	  	3796
		
	Name of Participant:	  	Douglas W. Hammond
		
	Number of Restricted Stock Units:	  	34,200
		
	Grant Date:	  	May 1, 2012
		
	Vesting Schedule:	  	See Section 2 in Exhibit A attached -
		  	Additional Terms and Conditions
		
	Payment of Taxes:	  	See Section 9 in Exhibit A.
		
	Additional Terms:	  	See Exhibit A.

 A copy of the Plan and related Prospectus and additional information regarding the Award, as well as any other awards you
may have previously received from National Financial Partners Corp. (“NFP”), can be viewed on Merrill Lynch’s web site at www.benefits.ml.com. 
 To login you will need the Personal Identification Number (“PIN”) mailed to you by Merrill Lynch. If you cannot locate your PIN or if you encounter any problems with the account creation
process, contact Merrill Lynch Customer Service at 877-767-2404. 

 EXHIBIT A 

ADDITIONAL TERMS AND CONDITIONS 
 OF RESTRICTED STOCK UNIT GRANT 
 These Additional Terms and Conditions shall be construed
in accordance with the provisions of the Plan and any capitalized terms not otherwise defined herein shall have the definitions set forth in the Plan. 
  

	1.	Grant of Award. Pursuant to Section 7(b) of the Plan, the Company grants to the Participant, as of the Grant Date specified in the Notice and subject to the
terms and conditions of the Notice and the Plan, and further subject to the terms and conditions set forth herein, the number of RSUs as shown on the Notice. Record of the Participant’s grant shall be kept on the books of the Company until the
Restricted Period (as defined in Section 2 below) shall have lapsed or the Award shall have been forfeited. 

  

	2.	Vesting. Except as otherwise provided herein and subject to the Participant’s continuous Employment/Service with the Company or a Related Entity, the RSUs
granted to the Participant shall vest and become payable ratably on each of the first three yearly anniversaries of the Grant Date (each such anniversary, a “Vesting Date”); provided that the Company shall have met or exceeded the
annual Adjusted EBITDA (or such other performance metric as adopted by the Committee) incentive compensation threshold amount for funding the cash bonus pool for the Company’s corporate employees (as adopted by the Committee under the
Company’s Management Incentive Plan for the fiscal year prior to the applicable Vesting Date) for the four fiscal quarters immediately preceding the applicable Vesting Date (the “Performance Condition”). The period from
the Grant Date to the date the applicable RSU becomes vested and payable shall be referred to herein as the “Restricted Period.” In the event that the Company fails to satisfy the Performance Condition in any applicable time period,
the RSUs scheduled to vest and become payable on the Vesting Date immediately following such time period, shall immediately be forfeited and cancelled. For purposes of this Agreement, “Adjusted EBITDA” shall have the same meaning as used
for purposes of performance-based bonuses awarded under the Company’s Management Incentive Plan. 

  

	3.	Form of Payment. Unless otherwise determined by the Committee at the time of payment, and except as provided in Section 8 below, each RSU granted hereunder
shall represent the right to receive one share of Common Stock, which shall be delivered upon the vesting of such RSU. 

  

	4.	Dividend Equivalents. The RSUs granted hereunder shall earn dividend equivalents that shall be credited and paid out as follows: 

 

	 	(a)	As of each date on which cash dividends or distributions are paid with respect to Common Stock (a “Dividend Date”), an amount in cash equal to such
cash dividend or distribution shall be credited to the Participant’s account; provided that the record date with respect to such dividend or distribution occurs during the Restricted Period. 

  
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	 	(b)	As of each Vesting Date, dividend equivalents credited pursuant to paragraph (a) above during (i) the period from the Grant Date to the initial Vesting Date
and (ii) each successive one-year period, if any, following the initial Vesting Date (each, an “Applicable Period”) shall, subject to Section 4(c) below, be paid in cash, unless the Committee (or its designee) determines
that such dividend equivalents shall be converted into additional RSUs. If converted into additional RSUs, the number of additional RSUs to be credited to the Participant shall be calculated by aggregating the number of RSUs earned on each Dividend
Date during the Applicable Period. The number of RSUs earned on each such Dividend Date shall be equal to the quotient (rounded to the nearest whole number) obtained by dividing (i) the amount of cash credited to such Participant’s account
as of the record date for such dividend or distribution by (ii) the Fair Market Value of a share of Common Stock as of such Dividend Date. 

  

	 	(c)	Any additional RSUs (or cash, as the case may be) credited pursuant to this Section 4 shall be subject to the same terms and conditions (including vesting,
forfeiture and payment) as are applicable to the RSUs on which they are earned, and any such RSU (or cash) which becomes vested as of each Vesting Date shall be paid within the 90-day period following such Vesting Date. 

 

	5.	Restrictions on Transfer. RSUs may not be transferred or otherwise disposed of by the Participant, including by way of sale, assignment, transfer, pledge,
hypothecation or otherwise, except as permitted by the Committee, or by will or the laws of descent and distribution. No purported sale, assignment, mortgage, hypothecation, transfer, pledge, encumbrance, gift, transfer in trust (voting or other) or
other disposition of, or creation of a security interest in or lien on, any of the RSUs by any holder thereof in violation of the provisions of these Additional Terms and Conditions shall be valid, and the Company will not transfer any of such RSUs
on its books, nor will any dividends be paid thereon, unless and until there has been full compliance with such provisions to the satisfaction of the Company. The foregoing restrictions are in addition to and not in lieu of any other remedies, legal
or equitable, available to enforce such provisions. 

  

	6.	Approvals. No shares of Common Stock shall be issued hereunder unless and until all legal requirements applicable to the issuance of such shares have been
complied with to the satisfaction of the Committee. The issuance of such shares to the Participant is conditioned upon the Participant’s acceptance of such restrictions on the subsequent disposition of such shares as the Committee shall deem
necessary or advisable as a result of any applicable law or regulation. 

  

	7.	Termination of Employment/Service. Except as otherwise specified in a written and executed agreement between the Participant and the Company that is then in
effect, and subject to Section 8 below, in the event that the Participant’s Employment/Service with the Company and its Related Entities terminates other than because of the Participant’s death or Disability, those RSUs that have not
become vested and payable as of the effective date of such termination shall immediately be forfeited and cancelled. In the event that the Participant’s Employment/Service with the Company and its Related Entities terminates because of the
Participant’s death or Disability, all RSUs that have not 

  
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become vested and payable as of the effective date of such death or Disability, unless such RSUs had not vested and had been previously forfeited and cancelled due to the failure to reach an
applicable Performance Condition, shall, subject to Section 10 below, immediately vest as of the effective date of such death or Disability and be paid or settled within 60 days following such date. 

 

	8.	Change in Control. In the event of a Change in Control (as defined in paragraph 8(c) below, except if otherwise defined in a written and executed agreement
between the Participant and the Company that is then in effect), the following provisions shall apply to the RSUs that have not become vested and payable as of the effective date of such Change in Control: 

 

	 	(a)	In the event that the RSUs are not expressly assumed by a successor to the Company’s business pursuant to the transaction(s) constituting a Change in Control, all
of the RSUs that have not become vested and payable as of the effective date of such Change in Control shall immediately vest and be paid in cash within 10 business days following such Change in Control. The amount to be so paid to the Participant
shall be calculated by multiplying (i) the number of RSUs then becoming vested and payable by (ii) the per share Fair Market Value of the Common Stock as of the date of the Change in Control. 

 

	 	(b)	Except as otherwise specified in a written and executed agreement between the Participant and the Company that is then in effect, in the event that the RSUs are
expressly assumed by a successor to the Company’s business pursuant to the transaction(s) constituting a Change in Control, the RSUs shall remain subject to their original terms and conditions, except as adjusted by the Committee to provide for
such assumption; provided, however, that in the event the Participant’s Employment/Service with the Company and its Related Entities is terminated either (i) in contemplation of the Change in Control within six months prior
to the Change in Control or (ii) as a result of the Change in Control within 18 months after the Change in Control, in each case, either (x) by the Company or Related Entity if such termination occurs within the six-month period prior to a
Change in Control or by such successor entity or one of its affiliates if the termination occurs within the 18-month period following the Change in Control, other than for Cause, or (y) by the Participant for Good Reason (as defined in
paragraph 8(c) below, except if otherwise defined in a written and executed agreement between the Participant and the Company that is then in effect), those RSUs that have not become vested and payable as of the effective date of such termination
shall, subject to Section 10 below, become immediately vested and payable as of the later to occur of the effective date of the Change in Control or the effective date of such termination. 

 

	 	(c)	Definitions: For purposes of these Additional Terms and Conditions: 

  

	 	(1)	A “Change in Control” shall be deemed to have occurred if: 

 

	 	(A)	any Person, other than the Company or any employee benefit plan sponsored by the Company, becomes a Beneficial Owner of 30% or more of the outstanding shares of common
stock of the Company; 

  
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	 	(B)	the dissolution, or sale to any Person, of all or substantially all of the assets of the Company is consummated, except in the event of a sale of assets to a Person in
which more than 50% of Voting Securities of such Person is owned by shareholders of the Company in substantially the same proportion as their ownership of Voting Securities of the Company immediately prior to the sale; 

 

	 	(C)	a merger or consolidation is consummated after which, (i) the shareholders of the Company immediately prior to the combination do not hold, directly or indirectly,
Voting Securities of the entity or entities, if any, that succeed to the business of the Company having more than 50% of the Voting Power of the combined company in substantially the same proportions as they beneficially owned the Voting Securities
of the Company (there being excluded from the Voting Securities held by such shareholders, but not from the Voting Securities of the combined company, any Voting Securities received by affiliates of such other company in exchange for Voting
Securities of such other company) or (ii) individuals who were Incumbent Members of the Board immediately before such combination do not hold a majority of the seats on the board of directors of the combined company; or

  

	 	(D)	during any period of twelve consecutive months, Incumbent Members cease for any reason to constitute at least a majority of the Board. 

For purposes of the definition of Change in Control: 
 “Beneficial Owner” shall have the meaning ascribed to such term in Rule 13d-3 under the Exchange Act and any successor to such rule (except that a Person shall be deemed to be the
Beneficial Owner of all shares that any such Person has the right to acquire pursuant to any agreement or arrangement or upon exercise of conversion rights, warrants or options or otherwise, without regard to the sixty (60) day period referred
to in Rule 13d-3). 
 “Incumbent Members” shall mean the individuals who, as of the Grant Date, constitute the
Board, provided, however, that any individual who becomes a member of the Board subsequent to the Grant Date whose election or nomination for election by the stockholders of the Company was endorsed by a vote of at least a majority of
the then Incumbent Members (excluding any such individual whose initial assumption of 

  
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office occurs as a result of either an actual or threatened election contest (as such terms are used in Rule 14a-11 under the Exchange Act) or other actual or threatened solicitation of proxies
or consents by or on behalf of any person other than the Board) shall be considered as though such individual were an Incumbent Member. 
 “Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof, and shall include a
“group” as defined in Section 13(d) thereof. 
 “Voting Securities” shall mean any
securities or other ownership interests of an entity entitled, or which may be entitled, to matters submitted to Persons holding such securities or other ownership interests in such entity generally (whether or not entitled to vote in the general
election of directors), or securities or other ownership interests which are convertible into, or exercisable in exchange for, such Voting Securities, whether or not subject to the passage of time or any contingency. 

“Voting Power” shall mean the number of votes available to be cast (determined by reference to the maximum number of
votes entitled to be cast by the holders of such Voting Securities, or by the holders of any other Voting Securities into which such other Voting Securities may be convertible, exercisable or exchangeable for, upon any matter submitted to
stockholders where the holders of all Voting Securities vote together as a single class) by the holders of Voting Securities. 
  

	 	(2)	“Good Reason” shall mean any of the following without the consent of the Participant: (i) a material diminution in Participant’s position,
duties or responsibilities from those held, exercised and/or assigned to Participant immediately prior to a Change in Control, (ii) a substantial reduction, in the aggregate, of current base salary, bonus opportunity, incentive compensation and
benefits provided to the Participant other than an across-the-board reduction which applies to other similarly situated Participants or (iii) any requirement that the Participant’s services be rendered primarily at a location or locations
more than 50 miles from the Participant’s principal place of Employment/Service as of the date of a Change in Control. 

  

	9.	Taxes. The Participant (and not the Company) shall be responsible for any tax liability that may arise as a result of the transactions contemplated by this
Award. At the time the Participant recognizes taxable income from the payment in respect of the RSUs, the Participant shall pay to the Company an amount equal to the federal, state and/or local taxes the Company determines it is required to withhold
under applicable tax laws with respect to the payment in respect of the RSUs (e.g. in the case of a Participant who is an employee). To satisfy the foregoing requirement, the Company shall withhold a portion of the RSUs, or a portion of the shares
of Common Stock to be received hereunder, having a value approximately equal to the minimum amount required to be withheld, or, 

  
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at the Committee’s discretion, the Participant may satisfy the foregoing requirement by one or a combination of the following methods: (i) making a payment to the Company in cash or
cash equivalents or (ii) by authorizing the Company to withhold cash otherwise due to the Participant. In the event the Company determines it is not required to withhold under applicable tax laws with respect to the payment in respect of the
RSUs (e.g. in the case of a Participant who is an independent contractor), the Participant shall be responsible for the remittance of any federal, state and/or local taxes to the proper authorities, and the Company shall issue a Form 1099 to report
such taxable income. The Company cannot provide tax advice and the Participant is encouraged to consult an independent tax professional. 

  

	10.	Section 409A Compliance. The intent of the parties is that payments and benefits under these Additional Terms and Conditions comply with (or be exempt from)
Section 409A of the Code and, accordingly, to the maximum extent permitted, these Additional Terms and Conditions shall be interpreted and be administered to be in compliance therewith. Notwithstanding anything contained herein to the contrary,
to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, the Participant shall not be considered to have terminated Employment/Service with the Company and its Related Entities for
purposes of these Additional Terms and Conditions and no payment shall be due to the Participant under these Additional Terms and Conditions until the Participant would be considered to have incurred a “separation from service” from the
Company within the meaning of Section 409A of the Code. Any payments described in these Additional Terms and Conditions or the Plan that are due within the “short-term deferral period” as defined in Section 409A of the Code shall
not be treated as deferred compensation unless applicable law requires otherwise. Notwithstanding anything to the contrary in these Additional Terms and Conditions or the Plan, to the extent that any RSUs are payable upon a separation from service
and such payment would result in the imposition of any individual excise tax and late interest charges imposed under Section 409A of the Code, the settlement and payment of such awards shall instead be made on the first business day after the
date that is six months following such separation from service (or death, if earlier). 

  

	11.	Compliance with Law and Regulations. These Additional Terms and Conditions, the Award granted hereby and any obligation of the Company hereunder shall be subject
to all applicable federal, state and local laws, rules and regulations and to such approvals by any government or regulatory agency as may be required. 

  

	12.	Incorporation of Plan. These Additional Terms and Conditions are governed by the provisions of the Plan (which is incorporated herein by reference) and shall be
interpreted in a manner consistent with it. To the extent that these Additional Terms and Conditions are silent with respect to, or in any way inconsistent with, the terms of the Plan, the provisions of the Plan shall govern and these Additional
Terms and Conditions shall be deemed to be modified accordingly. 

  

	13.	Notices. Any notices required or permitted hereunder shall be addressed to Office of the General Counsel, National Financial Partners Corp., 340 Madison Avenue,
20th Floor, New York, New York 10173, or to the Participant at the postal address then on record 

  
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with the Company or by electronic communication, as the case may be, and deposited, postage prepaid, in the United States mail or delivered by electronic communication. Either party may, by
notice to the other given in the manner aforesaid, change his/her or its address for future notices. 

  

	14.	Binding Agreement; Successors. These Additional Terms and Conditions shall bind and inure to the benefit of the Company, its successors and assigns, and the
Participant and the Participant’s personal representatives and beneficiaries. 

  

	15.	Governing Law. These Additional Terms and Conditions shall be governed by and construed in accordance with the laws of the State of Delaware without giving
effect to any principles thereof relating to the conflict of laws. The Committee shall have final authority to interpret and construe the Plan and these Additional Terms and Conditions and to make any and all determinations under them, and its
decision shall be binding and conclusive upon all Persons. 

  

	16.	Amendment. These Additional Terms and Conditions may be amended or modified by the Company at any time in accordance with the Plan; provided, that notice
is provided to the Participant in accordance with Section 13 hereof; and provided, further, that no amendment or modification that is adverse to the rights of the Participant as provided by the Notice and these Additional Terms
and Conditions shall be effective unless set forth in a writing signed by the Participant and the Company. 

  

	17.	Headings. The captions used in these Additional Terms and Conditions are inserted for convenience and shall not be deemed a part of the Additional Terms and
Conditions for construction or interpretation. 

  

	18.	Dispute Resolution. The provisions of this Section 18 shall be the exclusive means of resolving disputes arising out of or relating to the Notice, the Plan
and these Additional Terms and Conditions. Any dispute or controversy between the parties relating to or arising out the Notice, the Plan or these Additional Terms and Conditions shall be determined by arbitration in New York, New York by and
pursuant to the rules then prevailing of the American Arbitration Association. The arbitration award shall be final and binding upon the parties and judgment may be entered thereon by any court of competent jurisdiction. The service of any notice,
process, motion or other document in connection with any arbitration under the Notice, the Plan or these Additional Terms and Conditions or the enforcement of any arbitration award hereunder may be effectuated either by personal service upon a party
or by certified mail duly addressed to him or to his executors, administrators, personal representatives, next of kin, successors or assigns, at the last known address or addresses of such party or Parties. If any one or more provisions of this
Section 18 shall for any reason be held invalid or unenforceable, it is the specific intent of the parties that such provisions shall be modified to the minimum extent necessary to make it or its application valid and enforceable.

  
 A-7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00206-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00206-of-00352.parquet"}]]