Document:

Cytec Supplemental Savings Plan

  
 EXHIBIT 10.2(m)

 CYTEC SUPPLEMENTAL SAVINGS PLAN 
 (as amended and restated effective October 21, 2010) 
 Effective as of
November 1, 1994, Cytec Industries Inc. (the “Company”) established the Cytec Supplemental Savings and Profit Sharing Plan. The Cytec Supplemental Savings and Profit Sharing Plan was restated in its entirety effective
July 22, 2003, to incorporate amendments made since the last restatement and to permit Eligible Employees to choose the Cytec Stock Fund as a hypothetical investment option. 

The Cytec Supplemental Savings and Profit Sharing Plan was amended and restated effective January 1, 2009 and renamed the Cytec
Supplemental Savings Plan (the “Plan”). The Plan, as amended and restated, is intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), the regulations thereunder and related
guidance issued by the Internal Revenue Service (“IRS”). 
 The Plan is amended and restated effective
October 21, 2010 in order (i) to incorporate the terms of Amendment No. 1 to the Plan dated as of November 20, 2009 and (ii) to better align the terms of the Plan with the terms of the Savings Plan. 

The Plan is intended to constitute an unfunded pension plan that is maintained primarily for a select group of management or highly
compensated employees and which is exempt from Parts 2, 3, and 4 of Title I of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The purpose of the Plan is to provide each Section 401(a)(17) Eligible Employee
and each Section 401(a)(17) Participant with the opportunity to defer a portion of their annual Earnings and to receive employer matching contribution, profit sharing contribution and Transition Credits, and to provide Tax Limited Participants
with employer contribution amounts 

 
that such Tax Limited Participants would otherwise lose under the Savings Plan as a result of the limit on tax Limited Code Sections. The Plan is not a qualified plan under the Code and benefits
are paid by or on behalf of the Company. 
 Notwithstanding anything in the Plan to the contrary, with respect to Grandfathered
Amounts, the provisions of the Cytec Supplemental Savings and Profit Sharing Plan, as amended July 22, 2003, and attached hereto as Appendix B, shall apply as to the timing and form of payment, and non-scheduled in-service distributions.

 ARTICLE I 
 Definitions 
 1.1 “Account Balance” means the sum of the
Participant’s salary deferrals, matching contributions, profit sharing contributions, Transition Credits, employer contributions, and earnings credited thereon in accordance with the terms of the Plan. 

1.2 “Administrator” means the Vice President of Human Resources of the Company, or any other person or committee selected from
time to time by the Board of Directors. 
 1.3 “Board of Directors” means the Board of Directors of the Company.

 1.4 “Change in Control” means: 
  

	 	(a)	For Grandfathered Amounts, “Change in Control” means a change in control of the Company which will be deemed to have occurred if: 

 

	 	(i)	Any “person,” as such term is used in Sections 13(d) and 14(d) of the Exchange Act (other than (1) the Company, (2) any trustee or other fiduciary
holding securities under an employee benefit plan of the Company, or (3) any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of Stock), is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding voting securities; or

  
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	 	(ii)	During any period of two consecutive years, individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated
by a person who has entered into an agreement with the Company to effect a transaction described in clause (i), (iii), or (iv) of this Section 1.4(a)) whose election by the Board or nomination for election by the Company’s
stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for
any reason to constitute at least a majority thereof; or 

  

	 	(iii)	The stockholders of the Company approve a merger or consolidation of the Company with any other corporation, other than (1) a merger or consolidation which would
result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving or parent entity) 50% or more of the combined
voting power of the voting securities of the Company or such surviving or parent entity outstanding immediately after such merger or consolidation, or (2) a merger or consolidation effected to implement a recapitalization of the Company (or
similar transaction) in which no “person” (as hereinabove defined) acquired 50% or more of the combined voting power of the Company’s then outstanding securities; or 

 

	 	(iv)	The stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially
all of the Company’s assets (or any transaction having a similar effect). 

  

	 	(b)	For non-Grandfathered Amounts, a Change of Control shall be deemed to occur on the date upon which one of the following events occurs: 

 

	 	(i)	Any one person, or more than one person acting as a group, acquires ownership of stock of the Company that, together with stock held by such person or group,
constitutes more than 50% of either the total fair market value or total voting power of the stock of the Company; or 

  

	 	(ii)	Any one person, or more than one person acting as a group, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by
such person or persons) ownership of stock of the Company possessing 35% or more of the total voting power of the Company; or 

  
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	 	(iii)	A majority of the directors of the Board is replaced during any 12-month period by directors whose appointment or election is not recommended by a majority of the
directors of the Board prior to the date of the appointment or election; or 

  

	 	(iv)	Any one person, or more than one person acting as a group, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by
such person or persons) assets from the Company that have a total gross fair market value equal to or more than 60% of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition.

 1.5 “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

1.6 “Company” means Cytec Industries Inc. 
 1.7 “Earnings” means earnings as defined in the Savings Plan without consideration of the limit on earnings under Section 401(a)(17) of the Code and without excluding any contributions to
this Plan or any other deferred compensation plan. 
 1.8 “Eligible Employee” means a Section 401(a)(17) Eligible
Employee or a Tax Limited Eligible Employee. 
 1.9 “Employees’ Retirement Plan” means the Cytec Salaried and
Nonbargaining Employees’ Retirement Plan, as amended from time to time. 
 1.10 “Employer” means any of the
Company, D’ Aircraft Products, Inc., Cytec Engineered Materials Inc., Cytec Olean Inc., any successors thereto, and any of the Company’s subsidiaries which adopts the Plan with the consent of the Board of Directors. 

1.11 “Grandfathered Amount” means that portion of a Participant’s Account Balance that is vested as of December 31,
2004 (adjusted for hypothetical gains and losses after such date). 
 1.12 “Participant” means a
Section 401(a)(17) Participant or a Tax Limited Eligible Participant. 

  
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 1.13 “Performance
Cash” means performance cash paid under the Cytec Industries Inc. 1993 Stock Award and Incentive Plan, as amended, or any successor plan. 
 1.14 “Period of Service” means a Period of Service as defined under the Savings Plan. 
 1.15 “Plan” means this Cytec Supplemental Savings Plan, as set forth herein, as amended from time to time. 
 1.16 “Plan Year” means each twelve (12) consecutive month period commencing each January 1 and ending on the following December 31. 

1.17 “Savings Plan” means the Cytec Employees’ Savings Plan, as amended from time to time. 

1.18 “Section 401(a)(17) Eligible Employee” means any person employed by the Employer whose annual rate of base pay on any
December 1 plus target bonus for the following year is equal to or greater than the limit on earnings under Section 401(a)(17) of the Code. The determination of whether an individual first becomes a Section 401(a)(17) Eligible
Employee during the calendar year shall be based on the individual’s annual rate of base pay for the remainder of the calendar year. 
 1.19 “Section 401(a)(17) Participant” means a person who became a Participant pursuant to Section 2.1(a). 
 1.20 “Separation from Service” occurs on the date that the Participant dies, retires, or otherwise has a termination of employment with the Employer (within the meaning of Treasury Regulation
Section 1.409A-1). 
 1.21 “Tax Limited Code Sections” shall mean Code sections 401(a)(17) or 415 to the extent
that such Code sections limit the benefits that may be provided to certain Participants under the Savings Plan. 

  
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 1.22 “Tax Limited
Eligible Employee” means any person employed by the Employer who is not a Section 401(a)(17) Eligible Employee and whose contributions or Earnings (as defined in the Savings Plan) in any given Plan Year exceed one or more of the dollar
limits under the Tax Limited Code Sections for such Plan Year. 
 1.23 “Tax Limited Participant” means a Tax Limited
Eligible Employee who becomes a Participant pursuant to Section 2.1(b). 
 1.24 “Totally and Permanently
Disabled” means that a Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous
period of not less than 12 months. 
 1.25 “Transition Credits” shall have the same meaning as such term has under the
Savings Plan. 
 1.26 “Valuation Date” means each day on which the New York Stock Exchange is open for the trading of
securities. 
 1.27 “Unforeseeable Emergency” means Unforeseeable Emergency as defined in Article IX of the Plan.

 1.28 For purposes of the Plan, unless the context requires otherwise, the singular includes the plural, and vice-versa. Any
reference to a “Section” or “Article” shall mean the indicated section or article of the Plan unless otherwise specified. 
 ARTICLE II 
 Participation 

2.1 Election. 
  

	 	(a)	 A Section 401(a)(17) Eligible Employee shall become a Participant effective as of the date a profit sharing contribution is credited to the
Section 401(a)(17) Eligible Employee’s account pursuant to Article IV or the Section 401(a)(17) Eligible 

  
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Employee elects to defer a portion of Earnings to the Plan pursuant to Article III, provided that the employee has been designated as a Section 401(a)(17) Eligible Employee by the
Administrator. 

  

	 	(b)	A Tax Limited Eligible Employee shall become a Participant effective as of the date an employer contribution is credited to the Tax Limited Eligible Employee’s
account pursuant to Article IV, provided that the employee has been designated as a Tax Limited Eligible Employee by the Administrator. 

 2.2 Continuance of Participation. After an Eligible Employee becomes a Participant of the Plan, the Eligible Employee shall continue to be an active Participant in the Plan until the first to occur
of the following: (i) such Participant’s death, (ii) termination of such Participant’s employment, (iii) such Participant’s Employer ceases to be a member of the controlled group of corporations which includes the
Company, or (iv) the Administrator determines that such Participant is no longer eligible to participate in the Plan. Notwithstanding the foregoing, termination of active participation in the Plan shall not affect the Eligible Employee’s
right to be credited with any matching, profit sharing contributions and Transition Credits to be made with respect to any period of employment while an Eligible Employee under the Plan. 

ARTICLE III 
 Savings Deferrals 
 3.1 Deferral Election. With respect to Plan
Years beginning after December 31, 2010, prior to the commencement of each Plan Year, a Section 401(a)(17) Participant may elect to defer up to (a) an amount equal to (50 minus X)% of Earnings (excluding bonus and Performance Cash
that is earned with respect to such Plan Year); (b) an amount equal to 50% of the Participant’s bonus that is earned during such Plan Year; and (c) an amount equal to 50% of Performance Cash, if any, that is earned by the Participant
with respect to such Plan Year. Such deferral limits shall be applied on a per payroll basis. The term “X” shall equal 100 times the amount obtained by dividing (i) the applicable dollar limit under Section 402(g) of the Code for
such Plan Year, by (ii) the applicable dollar limit under Section 401(a)(17) of the Code for such Plan Year, rounded up to the next whole number. 

  
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 A
Section 401(a)(17) Eligible Employee may submit an initial deferral election with respect to the Plan to the Administrator within thirty (30) days of the date that such Eligible Employee became an Eligible Employee. A
Section 401(a)(17) Participant may not modify a deferral election during the Plan Year. If a Participant takes a hardship withdrawal from the Savings Plan which subjects the Section 401(a)(17) Participant to the requirement that elective
deferrals to all plans maintained by the Employer be discontinued, the Section 401(a)(17) Participant’s deferral election will be treated as revoked under the Plan for the entire Plan Years that include the applicable six-month suspension
period. 
 3.2 Matching Contribution. Each Section 401(a)(17) Participant shall receive a matching contribution
under this Plan equal to the amount of the matching contribution that would have been made on the Section 401(a)(17) Participant’s behalf under the Savings Plan without giving effect to contributions to either this Plan or any other
deferred compensation plan but for the imposition of the limit imposed for that Plan Year under the Tax Limited Code Sections, minus the amount of the employer matching contributions made to Section 401(a)(17) Participants under the Savings
Plan for that Plan Year. In no event shall matching contributions under this Plan exceed the amount that is deferred by such Participant for that Plan Year pursuant to the Plan. The matching contribution shall be payable at an administratively
convenient time subsequent to the Plan Year, or Separation from Service, if earlier, and shall not be entitled to any interest. 

  
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 ARTICLE IV

 Profit Sharing Contributions and Transition Credits 

4.1 Profit Sharing Contributions. Each Section 401(a)(17) Participant and each Section 401(a)(17) Eligible Employee
shall receive a profit sharing contribution with respect to each payroll period equal to the amount of the profit sharing contribution that would have been made on the Section 401(a)(17) Eligible Employee’s behalf under the Savings Plan
but for the imposition of the limits under the Tax Limited Code Sections less the amount of profit sharing contributions that such Section 401(a)(17) Eligible Employee actually receives in the Savings Plan with respect to that payroll period.

 4.2 Transition Credits. Each Section 401(a)(17) Participant shall receive Transition Credits with respect to each
payroll period equal to the amount of the Transition Credits that would have been made on the Section 401(a)(17) Participant’s behalf under the Savings Plan but for the imposition of the limits under the Tax Limited Code Sections less the
amount of transition credits that such Section 401(a)(17) Eligible Employee actually receives in the Savings Plan with respect to that payroll period. 
 4.3 Employer Contributions on behalf of Tax Limited Eligible Employees. Each Tax Limited Eligible Employee shall receive an employer contribution after the end of the Plan Year, or Separation from
Service, if earlier, equal to the amount of matching contributions, transition credits and profit sharing contributions that the Tax Limited Eligible Employee would have received under the Savings Plan but for the imposition of the limits under the
Tax Limited Code Sections less the amount of employer matching contributions, transition credits and profit sharing contributions that such Tax Limited Eligible Employee actually receives in the Savings Plan with respect to such Plan Year. Such
matching amount shall be based on the average of the Tax Limited Eligible Employee’s deferral elections under the Savings Plan during the period January 1 through the date the Tax Limited Eligible Employee reaches any one of the
limitations in the Tax Limited Code Sections. 

  
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 ARTICLE V

 Participant Accounts 
 5.1 Establishment; Crediting of Amounts Deferred. An account will be established for each Section 401(a)(17) Participant to reflect the amount credited to a Section 401(a)(17) Participant
as a deferral pursuant to Section 3.1 of the Plan on the approximate date on which such amounts would have been paid to the Section 401(a)(17) Participant but for the Section 401(a)(17) Participant’s election to defer receipt
hereunder, as well as the amount of matching contribution, profit sharing contribution and Transition Credits which is credited to the Section 401(a)(17) Participant’s hypothetical Account Balance pursuant to Section 3.2 of the Plan
and Article IV of the Plan, respectively. 
 An account will be established for each Tax Limited Participant to reflect the
amount credited to a Tax Limited Participant as an Employer contribution pursuant to Section 4.3 of the Plan. 
 The
amounts of hypothetical income and appreciation and depreciation in value of such hypothetical Account Balance will be credited and debited to, or otherwise reflected in, such hypothetical Account Balance on a daily basis. Unless otherwise
determined by the Administrator, amounts credited to a hypothetical Account Balance shall be deemed to be invested in a hypothetical investment as of the date of deferral, the matching contribution, the profit sharing contribution, the Transition
Credits or the Employer contribution. 
 5.2 Hypothetical Investment Options. Amounts credited to a Participant’s
Account Balance shall be deemed to be invested, at the Participant’s direction, in one or more investment 

  
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options as may be specified from time to time by the Administrator on Appendix A. The Administrator may change or discontinue any hypothetical investment option available under the Plan in its
discretion; provided, however, that, subject to the authority of the Administrator to disregard the directions of any Participant, each affected Participant is given the opportunity, without limiting or otherwise impairing any other right of such
Participant regarding changes in investment directions, to redirect the allocation of the Participant’s Account deemed invested in the discontinued investment option among the other hypothetical investment options, including any replacement
option. In the event that a Participant does not provide investment directions, such Participant’s Account Balance shall be deemed invested in the age-appropriate Target Retirement Investment Fund — the Target Retirement Investment Fund
closest to the Participant’s normal retirement date. 
 5.3 Allocation and Reallocation of Hypothetical Investments.
A Participant may allocate amounts credited to the Participant’s Account Balance to one or more of the hypothetical investment options authorized under the Plan. Subject to the rules established by the Administrator, a Participant may
reallocate amounts credited to the Participant’s Account Balance as of any Valuation Date up to ten (10) times per calendar quarter, in accordance with the directions provided by the Administrator for making such change no later than the
date specified by the Administrator for effecting a change as of a particular valuation date. The Administrator may, in its discretion, restrict allocation into or reallocation by specified Participants into or out of specified investment options or
specify minimum amounts that may be allocated or reallocated by Participants. In the event that a Participant allocates amounts credited to the Participant’s Account Balance to the Cytec Stock Fund, such Participant shall not be permitted to
reallocate such amounts. 

  
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 5.4. Trusts.
The Company may, in its discretion, establish one or more Trusts (including sub-accounts under such Trusts), and initially deposit therein amounts of cash or other property not exceeding the amount of the Company’s obligations with respect to a
Participant’s account established under this Article V of the Plan. In such case, the amounts of income, appreciation and depreciation in value of such Account Balance shall be determined by the Administrator, based upon the hypothetical
investment elections made by Participants. Other provisions of the Plan notwithstanding, the timing of allocations and reallocations of assets in such Account Balance, and the investment options available with respect to such Account Balance, may be
varied to reflect the timing of actual investments of the assets of such Trust and the actual investments available to such Trust, all as determined in the sole discretion of the Administrator. The Trust’s investment vehicles may include such
other assets as may be selected from time to time. 
 ARTICLE VI 

Vesting 

6.1 Salary Deferrals. Account Balances attributable to a Participants’ salary deferrals under Section 3.1 of the Plan
shall be fully vested at all times. 
 6.2 Matching Contributions, Profit Sharing Contributions, Transition Credits and
Employer Contributions. If a Participant’s account balance under the Cytec Employees Savings and Profit Sharing Plan is transferred to the Savings Plan, such Participant shall be fully vested in the Participant’s Account Balance
attributable to matching contributions, profit sharing contributions, Transition Credits and Employer contributions. All other Participants shall be fully vested in the Account Balance attributable to matching contributions, profit sharing
contributions, Transition Credits and Employer contributions on the date of such contributions if 

  
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such Participant has completed two one-year Periods of Service as of that date, and otherwise will be fully vested in all such contributions after such Participant has completed two one-year
Periods of Service. In the event that the Participant terminates from employment prior to completing two Periods of Service, the portion of the Participant’s Account Balance that is not fully vested as of such date shall be forfeited.

 Notwithstanding the foregoing, a Participant shall be fully vested in the Participant’s Account Balance attributable to
matching contributions, profit sharing contributions, Transition Credits Employer contributions upon attainment of age 65, death, a determination that the Participant is Totally and Permanently Disabled, or a Change in Control. 

ARTICLE VII 
 Death Benefits 
 Upon the death of the Participant, the Participant’s
entire Account Balance shall become fully vested and shall be paid to the Participant’s designated beneficiary in a lump sum ninety days after the date of the Participant’s death. If the Participant fails to designate a beneficiary, the
Account Balance shall be distributed to the Participant’s estate. 
 ARTICLE VIII 

Form and Time of Distribution 
 8.1 Time of Payment. If a Section 401(a)(17) Participant elects to have the Section 401(a)(17) Participant’s Account Balance paid in a lump sum, distribution of the
Section 401(a)(17) Participant’s Account Balance will be made six months after the Section 401(a)(17) Participant Separates from Service, provided that in no event will payment be made later than the fifteenth day of the third
calendar month following the date on which the Section 401(a)(17) Participant has been Separated from Service for six months. If a Section 401(a)(17) Participant 

  
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elects to have the Section 401(a)(17) Participant’s Account Balance paid in annual installments, the first installment payment will be made six months after the Section 401(a)(17)
Participant Separates from Service, provided that in no event will the first installment payment be made later than the fifteenth day of the third calendar month following the date on which the Section 401(a)(17) Participant has been Separated
from Service for six months. Subsequent installment payments will be paid on the twelve month anniversary of the date that the Section 401(a)(17) Participant has been Separated from Service for six months. 

A Tax Limited Participant’s Account Balance will be paid in a lump sum six months after the Tax Limited Participant Separates from
Service, provided that in no event will payment be made later than the fifteenth day of the third calendar month following the date on which the Tax Limited Participant has been Separated from Service for six months. 

8.2 Form of Distribution. The Section 401(a)(17) Participant’s Account Balance with respect to each Plan Year commencing
with 2005, as adjusted for hypothetical gains and losses, shall be distributed in accordance with the Section 401(a)(17) Participant’s election for that Plan Year. The Participant may choose between five, ten or fifteen annual
installments, or a lump sum payment. In the event the Section 401(a)(17) Participant chooses to have the Account Balance with respect to any Plan Year distributed in annual installments, each payment shall equal the Section 401(a)(17)
Participant’s Account Balance as of the business day immediately preceding the date on which the installment payment will be made divided by the number of installment payments remaining in the elected installment period, less any applicable
withholding. For purposes of the Plan, the annual installment option shall be treated as a single payment. 

  
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 The Administrator
shall solicit a distribution election with respect to deferrals, matching contributions, profit sharing contributions and Transition Credits for each Plan Year from every Section 401(a)(17) Participant by December 31 of the preceding Plan
Year. Section 401(a)(17) Eligible Employees who become Section 401(a)(17) Participants after January 1, shall make a distribution election within the thirty day period after they become Section 401(a)(17) Participants. If a
Section 401(a)(17) Participant fails to make a distribution election for any Plan Year, the Section 401(a)(17) Participant’s Account Balance with respect to that Plan Year, as adjusted for hypothetical income and losses, shall be paid
in annual installments over a five-year period. 
 A Section 401(a)(17) Participant may change a distribution election as
to the payment schedule for the Section 401(a)(17) Participant’s Account Balance with respect to any Plan Year commencing with the 2005 Plan Year provided that such election is changed one year prior to the date that distribution of the
Section 401(a)(17) Participant’s Account Balance for that Plan Year would commence, or be paid, and distribution under the new payment schedule shall not commence, or be paid, until five years after the date that distribution of the
Section 401(a)(17) Participant’s Account Balance for that Plan Year would have commenced, or been paid, but for the change in payment schedule. A Section 401(a)(17) Participant may change a distribution election for Grandfathered
Amounts in accordance with the provisions set forth in Appendix B. 
 A Tax Limited Participant’s Account Balance will be
paid in a lump sum. 
 8.3 Lump Sum Distribution of Small Amounts. If the Participant’s Account Balance as of the
date of Separation from Service is under the amount specified in Section 402(g) of the Code, the Administrator shall immediately distribute the Participant’s Account Balance in a lump sum, less any applicable withholding, notwithstanding
the terms of a Section 401(a)(17) 

  
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Participant’s installment election pursuant to Section 8.2 of the Plan. For purposes of determining whether a Participant’s Account Balance is payable under this Section 8.3
of the Plan, all plans of the Employer that are required to be aggregated pursuant to Section 409A of the Code, shall be aggregated. In the event that an amount is payable under this Section 8.3 of the Plan, benefits under all similar
plans must be paid to the Participant at the same time as the Participant’s Account Balance is paid. 
 8.4 Change in
Control. Notwithstanding Section 8.1 of the Plan, in the event of a Change in Control, the Participant’s Account Balance as of the date of such Change in Control (or, if later, as of the date of distribution) will be distributed
immediately in a single lump sum but in no event later than the ninetieth day following the Change in Control. Such distribution will include hypothetical income, appreciation and depreciation computed in accordance with Section 5.2 of the Plan
through the Valuation Date preceding the date of distribution. Such distribution shall not affect the Participant’s continuing membership in the Plan under Section 2.2 of the Plan. 

ARTICLE IX 

Unforeseeable Emergencies 
 Other provisions of the Plan notwithstanding, if, upon the written application of a Participant, the Administrator determines that the Participant has suffered an Unforeseeable Emergency, then the
Administrator may authorize a distribution hereunder from such Participant’s non-Grandfathered Amount Account Balance on account of such Unforeseeable Emergency. Unforeseeable Emergency means a severe financial hardship to the Participant
resulting from: 
  

	 	(a)	A sudden and unexpected illness or accident of the Participant or of the Participant’s spouse, beneficiary or dependent (as defined in Section 152(a) of the
Code); 

  
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	 	(b)	The loss of a Participant’s property due to casualty (including the need to rebuild a home following damage to a home not otherwise covered by insurance);

  

	 	(c)	Imminent foreclosure of or eviction from the Participant’s primary residence; 

 

	 	(d)	The need to pay for medical expenses, including non-refundable deductibles, as well as for the costs of prescription drug medication; 

 

	 	(e)	The need to pay for the funeral expenses of the Participant’s spouse, beneficiary or dependent (as defined in Section 152(a) of the Code); and

  

	 	(f)	Other similar or extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. 

The circumstances that would constitute an Unforeseeable Emergency will depend upon the facts of each case, and the Administrator has the
sole and exclusive ability to determine whether such an Unforeseeable Emergency exists, but, in any case, an Unforeseeable Emergency may not be made to the extent that such hardship is or may be relieved (a) through reimbursement or
compensation by insurance or otherwise (without regard to a loan or a withdrawal from the Savings Plan or any other qualified plan maintained by the Company), or (b) by liquidation of the Participant’s assets, to the extent that the
liquidation of assets would not itself cause severe financial hardship. The amounts distributed with respect to an Unforeseeable Emergency shall not exceed the amounts necessary to satisfy such Unforeseeable Emergency plus amounts necessary to pay
taxes reasonably anticipated as a result of the distribution. Distributions on account of an Unforeseeable Emergency shall be made ninety days following the date on which the request for a distribution is approved by the Administrator. 

If, upon the written application of a Participant, the Administrator determines that the Participant has suffered a hardship within the
meaning of Appendix B, then the Administrator may authorize a distribution from such Participant’s Grandfathered Amounts hereunder on account of such hardship in accordance with the provisions of Appendix B. 

  
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 ARTICLE X

 Administration 
 10.1 Administrator. The Administrator shall supervise the daily management and administration of the Plan. The Administrator shall serve without compensation. 

10.2 Responsibilities and Powers of the Administrator. 
 The Administrator shall have the responsibility: 
  

	 	(a)	To administer the Plan in accordance with the terms hereof, and to exercise all powers specifically conferred upon the Administrator hereby or necessary to carry out
the provisions thereof: 

  

	 	(b)	To keep all records relating to Participants of the Plan and such other records as are necessary for proper operation of the Plan; and 

 

	 	(c)	To construe the Plan, which construction shall be conclusive, correct any defects, supply omissions, and reconcile inconsistencies to the extent necessary to effectuate
the Plan. 

 10.3 Operation of the Administrator. In carrying out the Administrator’s functions
hereunder: 
  

	 	(a)	The Administrator may adopt rules and regulations necessary for the administration of the Plan and which are consistent with the provisions hereof;

  

	 	(b)	Written records shall be kept of all acts and decisions; 

  

	 	(c)	The Administrator may also delegate, in writing, any of its responsibilities and powers to an individual(s) who is not a fiduciary; 

 

	 	(d)	The Administrator shall have the right to hire, at the expense of the Employer, such professional assistants and consultants as the Administrator, in the
Administrator’s sole discretion, deems necessary or advisable, including, but not limited to, accountants, actuaries, consultants, counsel and such clerical assistance as is necessary for proper discharge of the Administrator’s duties; and

  
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	 	(e)	The Administrator will furnish statements to each Participant reflecting the amount credited to a Participant’s Account and transactions therein not less
frequently than once each calendar quarter. 

 10.4 Claim and Appeal Procedure. The Administrator shall
provide adequate notice in writing to any Participant or to any beneficiary (the “Claimant”) whose claim for benefits under the Plan has been denied. The Administrator’s notice to the Claimant shall set forth: 

 

	 	(a)	The specific reason for the denial; 

  

	 	(b)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

 

	 	(c)	A description of any additional material and information that is needed; 

  

	 	(d)	That any appeal the Claimant wishes to make of the adverse determination must be in writing to the Administrator within seventy-five (75) days after receipt of the
Administrator’s notice of denial of benefits. The Administrator’s notice must further advise the Claimant that the Claimant’s failure to appeal the action to the Administrator in writing within the seventy-five (75) day period
will render the Administrator’s determination final, binding and conclusive; and 

  

	 	(e)	The name and address to whom the Claimant may forward an appeal. 

 If the Claimant should appeal to the Administrator, the Claimant, or the Claimant’s duly authorized representative, may submit, in writing, whatever issues and comments the Claimant or the
Claimant’s duly authorized representative feels are pertinent. The Claimant, or the Claimant’s duly authorized representative, may review pertinent Plan documents. The Administrator shall re-examine all facts to the appeal and make a final
determination as to whether the denial of benefits is justified under the circumstances. The Administrator shall advise the Claimant of its decision within sixty (60) days of the Claimant’s written request for review, unless special
circumstances (such as a hearing) would make the rendering of a decision within the sixty (60) day limit unfeasible, but in no event shall the Administrator render a decision respecting a denial for a claim of benefits later than one hundred
twenty (120) days after its receipt of a request for review. The Administrator’s notice to the Claimant shall set forth: 
  

	 	(i)	The specific reason for the denial; 

  
 19 

  

	 	(ii)	Specific references to pertinent Plan provisions upon which the Administrator based its denial; 

 

	 	(iii)	A statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other
information relevant to the Claimant’s claim; and 

  

	 	(iv)	A statement that the Claimant has a right to bring a civil action under Section 502(a) of ERISA. 

10.5 Indemnification. In addition to any other indemnification that a fiduciary, including but not limited to the Administrator,
is entitled to, the Employer shall indemnify such fiduciary from all claims for liability, loss or damage (including payment of expenses in connection with defense against such claim) arising from any act or failure to act which constitutes a breach
of such individual’s fiduciary responsibilities with respect to the Plan under any aspects of the law. 
 ARTICLE XI

 Miscellaneous 
 11.1 Benefits Payable by the Employer. All benefits payable under the Plan constitute an unfunded obligation of the Employer. Payments shall be made, as due, from the general funds of the Employer
or, if applicable, from a grantor trust established by the Employer. The Employer, at its option, may maintain one or more bookkeeping reserve accounts to reflect its obligations under the Plan and may make such investments as it may deem desirable
to assist it in meeting its obligations under the Plan. Any such investments shall be assets of the Employer subject to claims of its general creditors. No person eligible for a benefit under the Plan shall have any right, title to or interest in
any such investments. 
 11.2 Amendment or Termination. 

 

	 	(a)	 The Board of Directors reserves the right to amend, modify, or restate or terminate the Plan in accordance with this Section 11.2 of the Plan. No
such 

  
 20 

	 	 
action by the Board of Directors shall reduce a Participant’s Account Balance as of the time thereof. The provisions of this Section 11.2 of the Plan prohibiting an action by the Board
of Directors which would reduce a Participant’s Account Balance cannot be amended without the consent of all Participants (including those who have retired). Any amendment to the Plan shall be made in writing by the Board of Directors, with or
without a meeting, or by such other committee or persons to whom the Board of Directors has specifically delegated the authority to make such amendment. 

 

	 	(b)	If the Plan is terminated, a determination shall be made of each Participant’s Account Balance as of the Plan termination date (determined in accordance with
Section 11.2(a)). 

 11.3 Status of Employment. Nothing herein contained shall be construed as
conferring any rights upon any Participant or any person for a continuation of employment, nor shall it be construed as limiting in any way the right of the Employer to discharge any Participant or to treat the Participant without regard to the
effect which such treatment might have upon the Participant as a Participant of the Plan. 
 11.4 Payments to Minors and
Incompetents. If a Participant or Beneficiary entitled to receive any benefits hereunder is a minor or is deemed by the Administrator or is adjudged to be legally incapable of giving valid receipt and discharge for such benefits, they will be
paid to the duly appointed guardian of such minor or incompetent legally appointed person as the Administrator might designate. Such payment shall, to the extent made, be deemed a complete discharge of any liability for such payment under the Plan.

 11.5 Tax Withholding. The Company and any subsidiary or affiliated entity shall have the right to deduct from amounts
otherwise payable in settlement of an Account Balance and any sums that federal, state, local or foreign tax law requires to be withheld with respect to such payment. 

  
 21 

  
 11.6 Limitation.
A Participant and a Beneficiary shall assume all risk in connection with any decrease in value of the Account Balance and neither the Company or any subsidiary or affiliated entity, the Committee nor the Administrator shall be liable or responsible
therefor. 
 11.7 Construction. The captions and numbers preceding the sections of the Plan are included solely as a
matter of convenience of reference and are not to be taken as limiting or extending the meaning of any of the terms and provisions of the Plan. Whenever appropriate, words used in the singular shall include the plural or the plural may be read as
the singular, and male references shall include female and neuter, and vice versa. 
 11.8 Severability. In the event
that any provision of the Plan shall be declared illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining provisions of the Plan but shall be fully severable, and the Plan shall be construed and enforced as if
said illegal or invalid provision had never been inserted herein. 
 11.9 Status. The establishment and maintenance of,
or allocations and credits to, the Account Balance of any Participant shall not vest in any Participant any right, title or interest in and to any specific assets or benefits except at the time or times and upon the terms and conditions and to the
extent expressly set forth in the Plan and in accordance with the terms of the Trust. 
 11.10 Inalienability of
Benefits. The right of any person to any benefit or payment under the Plan shall not be subject to voluntary or involuntary transfer, alienation or assignment, and, to the fullest extent permitted by law, shall not be subject to attachment,
execution, garnishment, sequestration or other legal or equitable process. In the event a person who is receiving or is entitled to receive benefits under the Plan attempts to assign, transfer or dispose of such right, or if an attempt is made to
subject said right to such process, such assignment, transfer or disposition shall be null and void. 

  
 22 

  
 11.11 Governing
Law. Except to the extent pre-empted by federal law, the provisions of the Plan will be construed according to the laws of the State of New Jersey. 
 *        *        * 
  

					
			
	/s/ Roy Smith	 		 	October 21, 2010 
	ROY SMITH	 		 	
  DATE                

			
	/s/ Marilyn R. Charles	 		 	October 21, 2010 
	MARILYN R. CHARLES	 		 	  DATE                

  
 23 

  
 APPENDIX A

 The following Investment Options have been selected by the Administrator for the hypothetical investment of a
Participant’s Account Balance: 
 Cytec Stock Fund 
 Vanguard Prime Money Market Fund 
 Vanguard LIFEStrategy Fund Conservative Growth
Portfolio 
 Vanguard LIFEStrategy Fund Growth Portfolio 
 Vanguard Balanced Index Fund 
 Vanguard Index Trust – 500 Portfolio

 Vanguard Explorer Fund 
 Vanguard International Growth Portfolio 
 Vanguard Target Retirement Funds

 Vanguard PRIMECAP Fund 
 Vanguard Total Bond Market Index Fund 
 Vanguard Equity Income Fund 

Vanguard Mid-Cap Index Fund 
 Vanguard Small-Cap Index Fund 

  
 24 

  
 APPENDIX B

 Cytec Supplemental Savings and Profit Sharing Plan effective as of July 22, 2003. 

  
 25EXHIBIT 10.3

  
 Exhibit 10.3

 CHINA YUAN HONG FIRE CONTROL GROUP HOLDINGS LTD 

2010 SHARE INCENTIVE PLAN 
 1. Purpose and Effective Date. 
 (a) The purpose of the
China Yuan Hong Fire Control Group Holdings Ltd 2010 Share Incentive Plan (the “Plan”) is to further the long term stability and financial success of China Yuan Hong Fire Control Group Holdings Ltd (the “Company”) by attracting
and retaining personnel, including employees, non-employee directors, and consultants, through the use of stock incentives. It is believed that ownership of Company stock will stimulate the efforts of those employees upon whose judgment, interest
and efforts the Company is and will be largely dependent for the successful conduct of its business. 
  (b)
The Plan was adopted by the Board of Directors and the shareholders of the Company on August 10, 2010 (the “Effective Date”). 
  2. Definitions. 
 (a) Act. The Securities Exchange
Act of 1934, as amended. 
 (b) Affiliate. The meaning assigned to the term “affiliate” under
Rule 12b-2 of the Act. 
 (c) Applicable Withholding Taxes. The aggregate amount of federal, state and
local income and payroll taxes that the Company is required to withhold (based on the minimum applicable statutory withholding rates) in connection with any exercise of an Option or the award, lapse of restrictions or payment with respect to
Restricted Stock. 
 (d) Award. The award of an Option or Restricted Stock under the Plan. 

(e) Beneficiary. The person or persons entitled to receive a benefit pursuant to an Award upon the death of a
Participant. 
 (f) Board. The Board of Directors of the Company. 

(g) Cause. Dishonesty, fraud, misconduct, gross incompetence, gross negligence, breach of a material fiduciary
duty, material breach of an agreement with the Company, unauthorized use or disclosure of confidential information or trade secrets, or conviction or confession of a crime punishable by law (except minor violations), in each case as determined by
the Committee, which determination shall be binding. Notwithstanding the foregoing, if “Cause” is defined in an employment agreement between a Participant and the Company, “Cause” shall have the meaning assigned to it in such
agreement. 
 (h) Change of Control. 

(i) The acquisition by any unrelated person of beneficial ownership (as that term is used for purposes of the Act) of 50%
or more of the then outstanding ordinary shares of the Company or the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors. The term “unrelated person” means
any person other than (x) the Company and its subsidiaries, (y) an employee benefit plan or related trust sponsored by the Company or its subsidiaries, and (z) a person who acquires stock of the Company pursuant to an agreement with
the Company that is approved by the Board in advance of the acquisition. For purposes of this subsection, a “person” means an individual, entity or group, as that term is used for purposes of the Act; 

(ii) Any tender or exchange offer, merger or other business combination, sale of assets or any combination of the
foregoing transactions, and the Company is not the surviving corporation; and 
 (iii) A liquidation of the
Company. 
 (i) Code. The Internal Revenue Code of 1986, as amended. 

(j) Committee. The Compensation Committee of the Board. 

(k) Company. China Yuan Hong Fire Control Group Holdings Ltd. 

  
 (l)
Company Stock. The ordinary shares of the Company. In the event of a change in the capital structure of the Company (as provided in Section 12 below), the shares resulting from such a change shall be deemed to be Company Stock within the
meaning of the Plan. 
 (m) Consultant. A person rendering services to the Company who is not an
“employee” for purposes of employment tax withholding under the Code. 
 (n) Corporate Change. A
consolidation, merger, dissolution or liquidation of the Company, or a sale or distribution of assets or stock (other than in the ordinary course of business) of the Company; provided that, unless the Committee determines otherwise, a Corporate
Change shall only be considered to have occurred with respect to Participants whose business unit is affected by the Corporate Change. 
 (o) Date of Grant. The date as of which an Award is made by the Committee. 
 (p) Disability or Disabled. As to an Incentive Stock Option, a Disability within the meaning of Code Section 22(e)(3). As to all other Incentive Awards, the Committee shall determine whether a
Disability exists and such determination shall be conclusive. 
 (q) Fair Market Value. 

(i) If Company Stock is traded on a national securities exchange, the average of the highest and lowest registered sales
prices of Company Stock on such exchange; 
 (ii) If Company Stock is traded in the over-the-counter market, the
average between the closing bid and asked prices as reported by the NASDAQ Stock Market; or 
 (iii) If shares of
Company Stock are not publicly traded, the Fair Market Value shall be determined by the Committee using any reasonable method in good faith. 

Fair Market Value shall be determined as of the applicable date specified in the Plan or, if there are no trades on such date, the value shall be
determined as of the last preceding day on which Company Stock is traded. 
 (r) Incentive Stock Option.
An Option intended to meet the requirements of, and qualify for favorable Federal income tax treatment under, Code Section 422. 
 (s) Nonstatutory Stock Option. An Option that does not meet the requirements of Code Section 422, or that is otherwise not intended to be an Incentive Stock Option and is so designated.

 (t) Option. A right to purchase Company Stock granted under the Plan, at a price determined in
accordance with the Plan. 
 (u) Participant. Any individual who receives an Award under the Plan.

 (v) Restricted Stock. Company Stock awarded upon the terms and subject to the restrictions set forth in
Section 7 below. 
 (w) Rule 16b-3. Rule 16b-3 of the Act, including any corresponding subsequent
rule or any amendments to Rule 16b-3 enacted after the effective date of the Plan. 
 (x) 10% Shareholder.
A person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or an Affiliate. Indirect ownership of stock shall be determined in accordance with Code
Section 424(d). 
 3. General. Awards of Options and Restricted Stock may be granted under the Plan. Options granted
under the Plan may be Incentive Stock Options or Nonstatutory Stock Options. 
 4. Stock. Subject to Section 12 of
the Plan, there shall be reserved for issuance under the Plan a total of 1,767,333 unissued shares of Company Stock. Shares allocable to Options granted under the Plan that expire or otherwise terminate unexercised and shares that are forfeited
pursuant to restrictions on Restricted Stock awarded under the Plan may again be subjected to an Award under this Plan. For purposes of determining the number of shares that are available for Awards under the Plan, such number shall, if permissible
under Rule 16b-3, include the number of shares surrendered by a Participant or retained by the Company (a) in connection with the exercise of an Option or (b) in payment of Applicable Withholding Taxes. 

5. Eligibility. 
 (a) Any employee of, non-employee director of, or Consultant to the Company or its affiliates, who, in the judgment of the Committee, has contributed or can be expected to contribute to the profits or
growth of the Company is eligible to become a Participant. The Committee shall have the power and complete discretion, as 

 
provided in Section 14, to select eligible Participants and to determine for each Participant the terms, conditions and nature of the Award and the number of shares to be allocated as part
of the Award; provided, however, that any award made to a member of the Committee must be approved by the Board. The Committee is expressly authorized to make an Award to a Participant conditioned on the surrender for cancellation of an existing
Award. 
 (b) The grant of an Award shall not obligate the Company to pay an employee any particular amount of
remuneration, to continue the employment of the employee after the grant or to make further grants to the employee at any time thereafter. 
 (c) Non-employee directors and Consultants shall not be eligible to receive the Award of an Incentive Stock Option. 
 6. Stock Options. 
 (a) Whenever the Committee deems it
appropriate to grant Options, notice shall be given to the Participant stating the number of shares for which Options are granted, the Option price per share, whether the options are Incentive Stock Options or Nonstatutory Stock Options, and the
conditions to which the grant and exercise of the Options are subject. This notice, when duly accepted in writing by the Participant, shall become a stock option agreement between the Company and the Participant. 

(b) The Committee shall establish the exercise price of Options. The exercise price of an Incentive Stock Option shall be
not less than 100% of the Fair Market Value of such shares on the Date of Grant, provided that if the Participant is a 10% Shareholder, the exercise price of an Incentive Stock Option shall be not less than 110% of the Fair Market Value of such
shares on the Date of Grant. The exercise price of a Nonstatutory Stock Option Award shall not be less than 100% of the Fair Market Value of the shares of Company Stock covered by the Option on the Date of Grant. 

(c) Options may be exercised in whole or in part at such times as may be specified by the Committee in the
Participant’s stock option agreement. The Committee may impose such vesting conditions and other requirements as the Committee deems appropriate, and the Committee may include such provisions regarding a Change of Control or Corporate Change as
the Committee deems appropriate. 
 (d) The Committee shall establish the term of each Option in the
Participant’s stock option agreement. The term of an Incentive Stock Option shall not be longer than ten years from the Date of Grant, except that an Incentive Stock Option granted to a 10% Shareholder may not have a term in excess of five
years. No option may be exercised after the expiration of its term or, except as set forth in the Participant’s stock option agreement, after the termination of the Participant’s employment. The Committee shall set forth in the
Participant’s stock option agreement when, and under what circumstances, an Option may be exercised after termination of the Participant’s employment or period of service; provided that no Incentive Stock Option may be exercised after
(i) three months from the Participant’s termination of employment with the Company for reasons other than Disability or death, or (ii) one year from the Participant’s termination of employment on account of Disability or death.
The Committee may, in its sole discretion, amend a previously granted Incentive Stock Option to provide for more liberal exercise provisions, provided however that if the Incentive Stock Option as amended no longer meets the requirements of Code
Section 422, and, as a result the Option no longer qualifies for favorable federal income tax treatment under Code Section 422, the amendment shall not become effective without the written consent of the Participant. 

(e) An Incentive Stock Option, by its terms, shall be exercisable in any calendar year only to the extent that the
aggregate Fair Market Value (determined at the Date of Grant) of Company Stock with respect to which Incentive Stock Options are exercisable by the Participant for the first time during the calendar year does not exceed $100,000 (the
“Limitation Amount”). Incentive Stock Options granted under the Plan and all other plans of the Company and any parent or Subsidiary of the Company shall be aggregated for purposes of determining whether the Limitation Amount has been
exceeded. The Board may impose such conditions as it deems appropriate on an Incentive Stock option to ensure that the foregoing requirement is met. If Incentive Stock Options that first become exercisable in a calendar year exceed the Limitation
Amount, the excess Options will be treated as Nonstatutory Stock Options to the extent permitted by law. 
 (f)
If a Participant dies and if the Participant’s stock option agreement provides that part or all of the Option may be exercised after the Participant’s death, then such portion may be exercised by the personal representative of the
Participant’s estate during the time period specified in the stock option agreement. 

  
 (g) If
a Participant’s employment or services is terminated by the Company for Cause, the Participant’s Options shall terminate as of the date of the misconduct. 
 7. Restricted Stock Awards. 
 (a) Whenever the Committee
deems it appropriate to grant a Restricted Stock Award, notice shall be given to the Participant stating the number of shares of Restricted Stock for which the Award is granted and the terms and conditions to which the Award is subject. This notice,
when accepted in writing by the Participant, shall become an Award agreement between the Company and the Participant. Certificates representing the shares shall be issued in the name of the Participant, subject to the restrictions imposed by the
Plan and the Committee. A Restricted Stock Award may be made by the Committee in its discretion without cash consideration. 
 (b) The Committee may place such restrictions on the transferability and vesting of Restricted Stock as the Committee deems appropriate, including restrictions relating to continued employment and
financial performance goals. Without limiting the foregoing, the Committee may provide performance or Change of Control or Corporate Change acceleration parameters under which all, or a portion, of the Restricted Stock will vest on the
Company’s achievement of established performance objectives. Restricted Stock may not be sold, assigned, transferred, disposed of, pledged, hypothecated or otherwise encumbered until the restrictions on such shares shall have lapsed or shall
have been removed pursuant to subsection (c) below. 
 (c) The Committee may provide in a Restricted Stock
Award, or subsequently, that the restrictions will lapse if a Change of Control or Corporate Change occurs. The Committee may at any time, in its sole discretion, accelerate the time at which any or all restrictions will lapse or may remove
restrictions on Restricted Stock as it deems appropriate. 
 (d) A Participant shall hold shares of Restricted
Stock subject to the restrictions set forth in the Award agreement and in the Plan. In other respects, the Participant shall have all the rights of a shareholder with respect to the shares of Restricted Stock, including, but not limited to, the
right to vote such shares and the right to receive all cash dividends and other distributions paid thereon. Certificates representing Restricted Stock shall bear a legend referring to the restrictions set forth in the Plan and the Participant’s
Award agreement. If stock dividends are declared on Restricted Stock, such stock dividends or other distributions shall be subject to the same restrictions as the underlying shares of Restricted Stock. 

8. Method of Exercise of Options. 
 (a) Options may be exercised by giving written notice of the exercise to the Company, stating the number of shares the Participant has elected to purchase under the Option. Such notice shall be effective
only if accompanied by the exercise price in full in cash; provided that, if the terms of an Option so permit, the Participant may (i) deliver Company Stock that the Participant has owned for at least six months (valued at Fair Market Value on
the date of exercise), or (ii) exercise any applicable net exercise provision contained therein. Unless otherwise specifically provided in the Option, any payment of the exercise price paid by delivery of Company Stock acquired directly or
indirectly from the Company shall be paid only with shares of Company Stock that have been held by the Participant for more than six months (or such longer or shorter period of time required to avoid a charge to earnings for financial accounting
purposes). 
 (b) Notwithstanding anything herein to the contrary, Awards shall always be granted and exercised
in such a manner as to conform to the provisions of Rule 16b-3. 
 9. Applicable Withholding Taxes. Each Participant
shall agree, as a condition of receiving an Award, to pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all Applicable Withholding Taxes with respect to the Award. Until the Applicable Withholding Taxes
have been paid or arrangements satisfactory to the Company have been made, no stock certificates (or, in the case of Restricted Stock, no stock certificates free of a restrictive legend) shall be issued to the Participant. As an alternative to
making a cash payment to the Company to satisfy Applicable Withholding Tax obligations, the Committee may establish procedures permitting the Participant to elect to (a) deliver shares of already owned Company Stock (subject to such
restrictions as the Committee may establish, including a requirement that any shares of Company Stock so delivered shall have been held by the Participant for not less than six months) or (b) have the Company retain that number of shares of
Company Stock that would satisfy all or a specified portion of the Applicable Withholding Taxes. Any such election shall be made only in accordance with procedures established by the Committee and in accordance with Rule 16b-3. 

  
 10.
Nontransferability of Awards. 
 (a) In general, Awards, by their terms, shall not be transferable by the
Participant except by will or by the laws of descent and distribution or except as described below. Options shall be exercisable, during the Participant’s lifetime, only by the Participant or by his guardian or legal representative. 

(b) Notwithstanding the provisions of (a) and subject to federal and state securities laws, the Committee may grant
Nonstatutory Stock Options that permit a Participant to transfer the Options to one or more immediate family members, to a trust for the benefit of immediate family members, or to a partnership, limited liability company, or other entity the only
partners, members, or interest-holders of which are among the Participant’s immediate family members. Consideration may not be paid for the transfer of Options. The transferee of an Option shall be subject to all conditions applicable to the
Option prior to its transfer. The agreement granting the Option shall set forth the transfer conditions and restrictions. The Committee may impose on any transferable Option and on stock issued upon the exercise of an Option such limitations and
conditions as the Committee deems appropriate. 
 11. Termination, Modification, Change. If not sooner terminated by the
Board, this Plan shall terminate at the close of business on the tenth anniversary of the Effective Date. No Awards shall be made under the Plan after its termination. The Board may terminate the Plan or may amend the Plan in such respects as it
shall deem advisable; provided that, if and to the extent required by Rule 16b-3, no change shall be made that increases the total number of shares of Company Stock reserved for issuance pursuant to Awards granted under the Plan (except pursuant to
Section 12), expands the class of persons eligible to receive Awards, or materially increases the benefits accruing to Participants under the Plan, unless such change is authorized by the shareholders of the Company. Notwithstanding the
foregoing, the Board may unilaterally amend the Plan and Awards as it deems appropriate to ensure compliance with Rule 16b-3 and to cause Incentive Stock Options to meet the requirements of the Code and regulations thereunder. Except as provided in
the preceding sentence, a termination or amendment of the Plan shall not, without the consent of the Participant, adversely affect a Participant’s rights under an Award previously granted to him. 

12. Change in Capital Structure. 
 (a) In the event of a stock dividend, stock split or combination of shares, spin-off, reclassification, recapitalization, merger or other change in the Company’s capital stock (including, but not
limited to, the creation or issuance to shareholders generally of rights, options or warrants for the purchase of ordinary shares or preferred stock of the Company), the number and kind of shares of stock or securities of the Company to be issued
under the Plan (under outstanding Awards and Awards to be granted in the future), the exercise price of options, and other relevant provisions shall be appropriately adjusted by the Committee, whose determination shall be binding on all persons. If
the adjustment would produce fractional shares with respect to any Award, the Committee may adjust appropriately the number of shares covered by the Award so as to eliminate the fractional shares. 

(b) In the event the Company distributes to its shareholders a dividend, or sells or causes to be sold to a person
other than the Company or a Subsidiary shares of stock in any corporation (a “Spinoff Company”) which, immediately before the distribution or sale, was a majority owned Subsidiary of the Company, the Committee shall have the power, in its
sole discretion, to make such adjustments as the Committee deems appropriate. The Committee may make adjustments in the number and kind of shares or other securities to be issued under the Plan (under outstanding Awards and Awards to be granted in
the future), the exercise price of Options, and other relevant provisions, and, without limiting the foregoing, may substitute securities of a Spinoff Company for securities of the Company. The Committee shall make such adjustments as it determines
to be appropriate, considering the economic effect of the distribution or sale on the interests of the Company’s shareholders and the Participants in the businesses operated by the Spinoff Company, and subject to the proviso that any such
adjustments or new options shall not be made or granted, respectively, that would result in subjecting the Plan to variable plan accounting treatment. The Committee’s determination shall be binding on all persons. If the adjustment would
produce fractional shares with respect to any Award, the Committee may adjust appropriately the number of shares covered by the Award so as to eliminate the fractional shares. 

(c) To the extent required to avoid a charge to earnings for financial accounting purposes, adjustments made by the
Committee pursuant to this Section 12 to outstanding Awards shall be made so that both (i) the aggregate intrinsic value of an Award immediately after the adjustment is not greater than or less than the Award’s aggregate intrinsic
value before the adjustment and (ii) the ratio of the exercise price per share to the market value per share is not reduced. 

  
 (d)
Notwithstanding anything in the Plan to the contrary, the Committee may take the foregoing actions without the consent of any Participant, and the Committee’s determination shall be conclusive and binding on all persons for all purposes. The
Committee shall make its determinations consistent with Rule 16b-3 and the applicable provisions of the Code. 
 13. Change
of Control. In the event of a Change of Control or Corporate Change, the Committee may take such actions with respect to Awards as the Committee deems appropriate. These actions may include, but shall not be limited to, the following:

 (a) At the time the Award is made, provide for the acceleration of the vesting schedule relating to the
exercise or realization of the Award so that the Award may be exercised or realized in full on or before a date initially fixed by the Committee; 
 (b) Provide for the purchase or settlement of any such Award by the Company for any amount of cash equal to the amount which could have been obtained upon the exercise of such Award or realization of a
Participant’s rights had such Award been currently exercisable or payable; 
 (c) Make adjustments to Awards
then outstanding as the Committee deems appropriate to reflect such Change of Control or Corporate Change; provided, however, that to the extent required to avoid a charge to earnings for financial accounting purposes, such adjustments shall be made
so that both (i) the aggregate intrinsic value of an Award immediately after the adjustment is not greater than or less than the Award’s aggregate intrinsic value before the Award and (ii) the ratio of the exercise price per share to
the market value per share is not reduced; or 
 (d) Cause any such Award then outstanding to be assumed, or new
rights substituted therefore, by the acquiring or surviving legal entity in such Change of Control or Corporate Change. 
 14.
Administration of the Plan. 
 (a) The Plan shall be administered by the Committee, who shall be appointed
by the Board. The Board may designate the Compensation Committee of the Board, or a subcommittee of the Compensation Committee, to be the Committee for purposes of the Plan. If and to the extent required by Rule 16b-3, all members of the Committee
shall be “Non-Employee Directors” as that term is defined in Rule 16b-3, and the Committee shall be comprised solely of two or more “outside directors” as that term is defined for purposes of Code section 162(m). If any member of
the Committee fails to qualify as an “outside director” or (to the extent required by Rule 16b-3) a “Non-Employee Director,” such person shall immediately cease to be a member of the Committee and shall not take part in future
Committee deliberations. The Board of Directors may from time to time may appoint members of the Committee and fill vacancies, however caused, in the Committee. 
 (b) The Committee shall have the authority to impose such limitations or conditions upon an Award as the Committee deems appropriate to achieve the objectives of the Award and the Plan. Without limiting
the foregoing and in addition to the powers set forth elsewhere in the Plan, the Committee shall have the power and complete discretion to determine (i) which eligible persons shall receive an Award and the nature of the Award, (ii) the
number of shares of Company Stock to be covered by each Award, (iii) whether Options shall be Incentive Stock options or Nonstatutory Stock Options, (iv) the Fair Market Value of Company Stock, (v) the time or times when an Award
shall be granted, (vi) whether an Award shall become vested over a period of time, according to a performance-based vesting schedule or otherwise, and when it shall be fully vested, (vii) the terms and conditions under which restrictions
imposed upon an Award shall lapse, (viii) whether a Change of Control or Corporate Change exists, (ix) the terms of incentive programs, performance criteria and other factors relevant to the issuance of Incentive Stock or the lapse of
restrictions on Restricted Stock or Options, (x) when Options may be exercised, (xi) whether to approve a Participant’s election with respect to Applicable Withholding Taxes, (xii) conditions relating to the length of time before
disposition of Company Stock received in connection with an Award is permitted, (xiii) notice provisions relating to the sale of Company Stock acquired under the Plan, and (xiv) any additional requirements relating to Awards that the
Committee deems appropriate. Notwithstanding the foregoing, no “tandem stock options” (where two stock options are issued together and the exercise of one option affects the right to exercise the other option) may be issued in connection
with Incentive Stock Options. 
 (c) The Committee shall have the power to amend the terms of previously granted
Awards so long as the terms as amended are consistent with the terms of the Plan and, where applicable, consistent with the qualification of an option as an Incentive Stock Option. The consent of the Participant must be obtained with

 
respect to any amendment that would adversely affect the Participant’s rights under the Award, except that such consent shall not be required if such amendment is for the purpose of
complying with Rule 16b-3 or any requirement of the Code applicable to the Award. 
 (d) The Committee may adopt
rules and regulations for carrying out the Plan. The Committee shall have the express discretionary authority to construe and interpret the Plan and the Award agreements, to resolve any ambiguities, to define any terms, and to make any other
determinations required by the Plan or an Award agreement. The interpretation and construction of any provisions of the Plan or an Award agreement by the Committee shall be final and conclusive. The Committee may consult with counsel, who may be
counsel to the Company, and shall not incur any liability for any action taken in good faith in reliance upon the advice of counsel. 
 (e) A majority of the members of the Committee shall constitute a quorum, and all actions of the Committee shall be taken by a majority of the members present. Any action may be taken by a written
instrument signed by all of the members, and any action so taken shall be fully effective as if it had been taken at a meeting. 

15. Issuance of Company Stock. The Company shall not be required to issue or deliver any certificate for shares of Company Stock
before (i) the admission of such shares to listing on any stock exchange on which Company Stock may then be listed, (ii) receipt of any required registration or other qualification of such shares under any state or federal securities law
or regulation that the Company’s counsel shall determine is necessary or advisable, and (iii) the Company shall have been advised by counsel that all applicable legal requirements have been complied with. The Company may place on a
certificate representing Company Stock any legend required to reflect restrictions pursuant to the Plan, and any legend deemed necessary by the Company’s counsel to comply with federal or state securities laws. The Company may require a
customary written indication of a Participant’s investment intent. Until a Participant has been issued a certificate for the shares of Company Stock acquired, the Participant shall possess no shareholder rights with respect to the shares.

 16. Rights Under the Plan. Title to and beneficial ownership of all benefits described in the Plan shall at all times
remain with the Company. Participation in the Plan and the right to receive payments under the Plan shall not give a Participant any proprietary interest in the Company or any Affiliate or any of their assets. No trust fund shall be created in
connection with the Plan, and there shall be no required funding of amounts that may become payable under the Plan. A Participant shall, for all purposes, be a general creditor of the Company. The interest of a Participant in the Plan cannot be
assigned, anticipated, sold, encumbered or pledged and shall not be subject to the claims of his creditors. 
 17.
Beneficiary. A Participant may designate, on a form provided by the Committee, one or more beneficiaries to receive any payments under Awards of Restricted Stock or Incentive Stock after the Participant’s death. If a Participant makes no
valid designation, or if the designated beneficiary fails to survive the Participant or otherwise fails to receive the benefits, the Participant’s beneficiary shall be the first of the following persons who survives the Participant:
(a) the Participant’s surviving spouse, (b) the Participant’s surviving descendants, per stirpes, or (c) the personal representative of the Participant’s estate. 

18. Notice. All notices and other communications required or permitted to be given under this Plan shall be in writing and shall
be deemed to have been duly given if delivered personally or mailed first class, postage prepaid, as follows: (a) if to the Company—at its principal business address to the attention of the Secretary; (b) if to any Participant—at
the last address of the Participant known to the sender at the time the notice or other communication is sent. 
 19.
Interpretation. The terms of this Plan and Awards granted pursuant to the Plan are subject to all present and future regulations and rulings of the Secretary of the Treasury relating to the qualification of Incentive Stock Options under the
Code or compliance with Code section 162(m), to the extent applicable, and they are subject to all present and future rulings of the Securities and Exchange Commission with respect to Rule 16b-3. If any provision of the Plan or an Award conflicts
with any such regulation or ruling, to the extent applicable, the Committee shall cause the Plan to be amended, and shall modify the Award, so as to comply, or if for any reason amendments cannot be made, that provision of the Plan and/or the Award
shall be void and of no effect.

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