Document:

Second Amendment and Restated Employment Agreement

 Exhibit 10.1 
 SECOND AMENDED AND RESTATED 
 EMPLOYMENT AGREEMENT 

This SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) dated as of November 4, 2009 (the “Effective
Date”), by and between Mohawk Industries, Inc., (the “Company”) and W. Christopher Wellborn (the “Executive”). 
 The Company and Executive were previously parties to an EMPLOYMENT AGREEMENT dated November 15, 2005 which was amended and restated in an AMENDED AND RESTATED EMPLOYMENT AGREEMENT dated May 1,
2008, and now both desire to amend and restate the terms of that AMENDED AND RESTATED EMPLOYMENT AGREEMENT in this Agreement. 
 The Company desires to employ the Executive as its President and Chief Operating Officer and the Executive desires to accept such employment on the terms and conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the mutual premises and agreements herein contained, and other good and valuable consideration, the
receipt and adequacy of which is acknowledged, the parties hereby agree as follows: 
 1. Term of Employment. The term of
the Executive’s employment under this Agreement shall commence on the Effective Date and shall continue through and expire on December 31, 2019 unless earlier separation from service occurs as herein provided (the “Term”).

 2. Duties of Employment. The Executive hereby agrees for the Term to render his exclusive services to the Company as
its President and Chief Operating Officer, in connection therewith, to perform such duties commensurate with his office as he shall reasonably be

  

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directed by the Board of Directors of the Company (the “Board”) to perform. The Executive shall devote during the Term all of his business time, energy and skill to his executive duties
hereunder and perform such duties faithfully and efficiently, except for reasonable vacation and except for periods of illness or incapacity. Notwithstanding the above, Executive may serve on boards of directors of charitable or not-for-profit
organizations that do not interfere with his service to the Company. When and if requested to do so by the Board, the Executive shall, for no additional compensation, serve as a director of the Company and/or a director or officer of any subsidiary
or affiliate of the Company, provided that the Executive shall be indemnified for liabilities incurred by him in his capacity as a director or an officer in accordance with an Indemnification Agreement as provided in the Company’s Certificate
of Incorporation and By-Laws as in effect from time to time. Executive shall resign as a director of the Company and all affiliates and subsidiaries of the Company upon his separation from service with the Company. 
 3. Compensation and Other Benefits. 
 3.1 Salary. As an element of compensation for services to be rendered by the Executive during the Term, the Company shall pay to the Executive a salary of $850,000 per year (which may be increased
from time to time by the Board (the “Annual Salary”)), payable in accordance with the Company’s usual payroll practices. The Executive shall be eligible to receive annual salary reviews and salary increases as authorized by the Board.

 3.2 Bonus. In addition to his Annual Salary, the Executive shall be eligible to be paid a bonus in respect of each
fiscal year of the Company (the “Annual Bonus”) in accordance with the Company’s bonus plan applicable to similarly situated executives and with opportunity levels not less than those of similarly situated executives (the
“Plan”) except as set forth below, which Annual Bonus shall be determined by the Compensation Committee of the

  

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Board. As of the Effective Date, the Annual Bonus for 2009 shall be based on (i) 36% of the amount of the Annual Salary upon attainment of the “threshold” performance goal
and other Company goals established under the Plan as determined by the Compensation Committee of the Board and the Board and (ii) a “target” of 90% of the amount of the Annual Salary upon attainment of the “target”
performance goal and other Company goals established under the Plan as determined by the Compensation Committee of the Board and the Board and (iii) a maximum of 135% of the amount of the Annual Salary upon attainment of the “maximum”
performance goal and other Company goals established under the Plan as determined by the Compensation Committee of the Board and the Board. In this regard, the Compensation Committee shall determine achievement of Company performance goals no less
favorably in determining an Annual Bonus award for Executive than it does in determining Annual Bonus awards for similarly situated executives. Should Executive exercise any of the 102,000 Options (as defined in Section 3.3 below), he shall be
ineligible to receive an Annual Bonus applicable to performance for the fiscal year during which the exercise occurred as well as the next fiscal year. The Compensation Committee of the Board and the Board shall have the right to adjust, modify or
amend the annual bonus program (as well as the right to award bonuses based on performance or other criteria other than as set forth in (i)-(iii) above or in excess of levels set forth in (i)–(iii) above) in its discretion. The term
“Annual Bonus” shall not include any special bonuses or payments or any bonuses or payments made that were outside of or otherwise not within the terms of the Plan. 
 3.3 Stock Based Awards. Executive has received and, in the future during the Term, shall be eligible to receive grants of Company
stock options, restricted stock, restricted stock units and other forms of Company stock-based awards as determined by the Compensation

  

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Committee of the Board in a manner comparable to the method applied to similarly situated Company executives (collectively, “General Stock Awards”). For purposes of this Agreement,
(i) “General Stock Awards” shall include all stock based awards granted to Executive prior to the Effective Date, (ii) all “General Stock Awards” granted in the form of stock options to Executive prior to calendar year
2008 (total of 102,000) shall be referred to as the “102,000 Options,” and (iii) the “Special RSU Awards” referenced in Section 3.4 below shall specifically not be considered “General Stock Awards.” All
outstanding General Stock Awards and Special RSU Awards shall vest (and, in the case of RSUs, convert to shares) upon a “change in control” of the Company as such term is defined in the Mohawk Industries, Inc. 2007 Incentive Plan
(“2007 Plan”). 
 3.4 Special Restricted Stock Unit Awards. On the Effective Date, the Company shall grant
Executive 90,000 restricted stock units (“2009 Special RSU Award”) and, should Executive remain employed with the Company on November 5, 2010, an additional 60,000 restricted stock units on November 5, 2010 (“2010 Special
RSU Award”) (collectively, both the 2009 Special RSU Award and the 2010 Special RSU Award shall be referred to as the “Special RSU Awards”). The Special RSU Awards will be granted under (and governed by the terms of) the 2007 Plan
except as set forth below, and will be scheduled to vest and convert to shares as follows (subject to the conditions set forth below): 
 a. 15,000 restricted stock units under the 2009 Special RSU Award will vest and convert to shares on October 31 of each of 2014, 2015, 2016, 2017 and 2018, and 
 b. 15,000 restricted stock units under the 2009 Special RSU Award and all 60,000 restricted stock units under the 2010 Special RSU Award
will vest and convert to shares on October 31, 2019 and December 31, 2019, respectively. 
  

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 Vesting of the restricted stock units under the Special RSU Award shall be conditioned on (i) Executive
remaining employed continuously by the Company from the Effective Date to such scheduled vesting date, subject to Section 5 of this Agreement and (ii) the Company achieving positive net operating income in at least one of the 2010-2013
calendar years as determined by the Compensation Committee of the Board and excluding the impact of any event set forth in section (a) – (h) of the 2007 Plan (“Base Performance Metric”). Subject to Section 5 of this
Agreement, all unvested restricted stock units under the Special RSU Awards shall be immediately cancelled upon termination of Executive’s employment or, if condition (ii) above is not achieved, on March 15, 2014. Except as otherwise
set forth in this Agreement, the terms and conditions of the Special RSU Awards shall be set forth in award certificates which shall be substantially similar to the terms and conditions of restricted stock unit awards the Company has previously
granted Executive, provided that Section 14.8 of the 2007 Plan (and corresponding award certificate language) regarding special vesting treatment of awards upon retirement shall not apply to the Special RSU Awards. 
 3.5 Participation in Employee Benefit Plans. Commencing on the respective eligibility dates of the employee benefit plans and subject
to the terms of such employee benefit plans, during the Term, the Executive shall be permitted to participate in any group life, hospitalization of disability insurance plan, health program, pension plan, similar benefit plan or other so-called
“fringe benefit programs” of the Company as now existing or as may hereafter be revised or adopted in which similarly situated Company executives are eligible to participate. 
  

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 3.6 Vacation. The Executive shall be entitled to vacation based on the Company
vacation policy, but in any event not less than three (3) weeks vacation per annum. Upon Executive’s completion of fifteen (15) years of service with the Company or its subsidiaries, he shall become entitled to four (4) weeks of
vacation per annum. 
 4. Covenants by Executive. In order to induce the Company to enter this Agreement, the Executive
hereby agrees as follows: 
 4.1 Definitions. The following definitions shall apply to this Agreement. 
 (i) The term “Trade Secret,” whether in the singular or plural, means any Confidential Information (as defined in
Section 4.1(ii) below) which constitutes a trade secret of the Company, or any of the Company’s subsidiaries, under the Georgia Trade Secrets Act of 1990, as amended, O.C.G.A. § 10-1-760, et seq.  
 (ii) The term “Confidential Information” means any information, regardless of form, concerning any aspect of the business of the
Company, or the business of any of the Company’s subsidiaries, which is not generally known to the Company’s competitors and which the Company desires and makes reasonable efforts to keep confidential. Confidential Information includes,
but is not limited to, information relating to customers and potential customers, suppliers, and potential suppliers, contracts with customers and suppliers, employees, personnel acquisition plans, pricing of products and services, financial
information, financial projections, budget information and procedures, marketing plans and strategies, market research, technical processes, and product research. After the first anniversary of the Executive’s separation from the Company,
Confidential Information shall not include any information that does not constitute a Trade Secret. 
  

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 4.2 Acknowledgments of Executive. The Executive acknowledges that his work for the
Company will give him access to Trade Secrets and Confidential Information. The Executive further acknowledges that he inevitably would use, or inadvertently disclose, Trade Secrets and Confidential Information if, at any time within five years of
his separation from the Company, he were to work or consult for any competitor of the Company, or any of the Company’s subsidiaries, in a capacity requiring high-level management expertise with respect to any aspect of the manufacture or
distribution of commercial or residential floor covering (the “Competitive Capacity”). In order to protect the Company’s goodwill, Trade Secrets and Confidential Information (and in recognition of the extension of the stock option
exercise period as set forth in Section 5 and grant of the Special RSU Awards), the Executive agrees that during his employment and for a period of five years after separation from the Company, (i) he will not work or consult in any
Competitive Capacity within the United States for a Competitor of the Company or any of its subsidiaries and (ii) he will not, directly or indirectly, individually or in association with others, solicit for employment or as a consultant any
employee of the Company or its subsidiaries without the written approval of the Company. 
 4.3 Confidential Information.
Except as required by his work for the Company, The Executive will not at any time, either during or after his employment with the Company, communicate or disclose to any person, firm, corporation or other entity, or use for his benefit or for the
benefit of any person, firm, corporation or other entity, directly or indirectly, any Trade Secret or Confidential Information. 
 4.4 Company Property. All memoranda, notes, lists, records and other documents or papers, (and all copies thereof), including such items stored in computer memories, on microfiche or by any means, made or controlled by or on behalf
of the Executive, or made

  

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available to the Executive relating to the Company, or any of the Company’s subsidiaries, are and shall remain the Company’s property and shall be delivered to the Company upon the
Executive’s separation from the Company, unless requested earlier by the Company. 
 4.5 Conflicts of Interest.
During his employment with the Company, the Executive shall at all times strictly comply with the Company’s policies concerning conflicts of interest. 
 4.6 Survival of Obligations. The Executive’s obligations under this Section 4 shall survive the Term of this Agreement and the Executive’s employment with the Company. 
 5. Separation from Service. 
 5.1 Death. If the Executive dies during the Term, this Employment Agreement shall terminate immediately, except that the Executive’s legal representatives shall be entitled to receive any
Annual Salary to the extent such Annual Salary has accrued and remains payable up to the date of the Executive’s death (to be paid in accordance with the Company’s usual payroll practices), plus a portion of the Executive’s Annual
Bonus for the year during which Executive dies (with the “target” Annual Bonus being deemed to have been achieved), as set forth in Section 3.2 computed on a pro rata basis (to be paid as promptly as practicable but no later than 10
days after the date of Executive’s death), and any benefits to which the Executive, his heirs or legal representatives may be entitled under and in accordance with the terms of any employee benefits plan or program maintained by the Company.
Upon the executive’s death during his continuous employment, (i) all of his outstanding General Stock Awards shall vest (other than the 102,000 Options which shall be immediately cancelled) and, in the case of stock options other than the
102,000 Options, be fully exercisable to his named beneficiary for the shorter of a five year period following separation of service or the remaining term of the

  

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applicable stock option (“Exercise Period”) and (ii) the greater of (a) 15,000 restricted stock units under the Special RSU Awards multiplied by the number of full 12 month
periods of Executive’s continuous employment with the Company following the Effective Date until his death (less the number of such restricted stock units that may have vested prior to his death) or (b) 45,000 such restricted stock units
under his Special RSU Awards shall vest as follows: 60% of such amount shall vest and convert to shares 30 days following Executive’s death, 20% of such amount shall vest and convert to shares on the first anniversary of his death and the final
20% of such amount shall vest and convert to shares on the second anniversary of his death (but in any event on the tenth anniversary of the applicable grant date, if earlier). Such restricted stock units shall vest first from the 2009 Special RSU
Award until all such restricted stock units are vested and then, if necessary, from the 2010 Special RSU Award. Upon Executive’s death, those outstanding restricted stock units from the Special RSU Awards not eligible for such vesting shall be
immediately cancelled. 
 5.2 Upon Disability. If the Executive becomes disabled during his employment hereunder so that
he is unable substantially to perform his services hereunder for 180 consecutive days, then the term of this Agreement may be terminated by resolution of the Board 60 days after the expiration of such 180 days, such termination to be effective upon
delivery of written notice to the Executive of the adoption of such resolution (“Disability Termination Date”); provided, that the Executive shall be entitled to receive any accrued and unpaid Annual Salary through such effective date of
separation from service (to be paid in accordance with the Company’s usual payroll practices), plus a portion of the Executive’s Annual Bonus during the year of the Disability Termination Date (with the “target” Annual Bonus
being deemed to have been achieved), as set forth in Section 3.2 computed on a pro rata

  

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basis (to be paid as promptly as practicable but no later than 10 days after the Executive’s separation from service), and any benefit to which the Executive may be entitled under and in
accordance with the terms of any employee benefit plan or program maintained by the Company. Upon the executive’s disability during his continuous employment, (i) all of his outstanding General Stock Awards shall vest (other than the
102,000 Options which shall be immediately cancelled) and, in the case of stock options other than the 102,000 Options, be fully exercisable for the duration of Exercise Period and (ii) the greater of (a) 15,000 restricted stock units
under the Special RSU Awards multiplied by the number of full 12 month periods of Executive’s continuous employment with the Company following the Effective Date until the Disability Termination Date (less the number of such restricted stock
units that may have vested prior to the Disability Termination Date) or (b) 45,000 such restricted stock units under his Special RSU Awards shall vest and convert to shares as follows: 60% of such amount shall vest and convert to shares on the
Disability Termination Date, 20% of such amount shall vest and convert to shares on the first anniversary of the Disability Termination Date and the final 20% shall vest and convert to shares on the second anniversary of the Disability Termination
Date (but in any event on the tenth anniversary of the applicable grant date, if earlier). Such restricted stock units shall vest first from the 2009 Special RSU Award until all such restricted stock units are vested and then, if necessary, from the
2010 Special RSU Award. On the Disability Termination Date, those outstanding restricted stock units from the Special RSU Awards not eligible for such vesting shall be immediately cancelled. 
 5.3 Separation from Service for Cause. The Company has the right, at any time during the Term, subject to all of the provisions
hereof, exercisable by serving notice, effective in accordance with its terms, to separate the Executive from service under this

  

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Agreement and discharge the Executive for “Cause” (as defined below). If such right is exercised, the Executive shall be entitled to receive unpaid and accrued Annual Salary prorated
through the date of such separation from service, any benefits otherwise required to be paid under applicable law. Except for such payments, the Company shall be under no further obligation to the Executive. In this regard, all (i) unvested
General Stock Awards, (ii) all vested but unexercised General Stock Awards and (iii) all unvested restricted stock units under the Special RSU Awards shall be immediately cancelled. As used in this Section 5, the term
“Cause” shall mean and include (i) the conviction of or plea of guilty by the Executive of any felony or other serious crime involving the Company or (iii) gross or willful misconduct by the Executive in the performance of his
duties hereunder; provided however, that no act shall be considered gross or willful misconduct if the Executive reasonably believes he was acting in good faith or in a manner not opposed to the interests of the Company. The Company shall be
entitled to separate the Executive from service for Cause only upon approval of a resolution adopted by the affirmative vote of not less than two-thirds of the membership of the Board (excluding Executive). The Company agrees to provide to the
Executive prior written notice (the “Notice”) of its intention to separate the Executive from service for Cause, such notice to state in detail the particular acts or failure to act which constitute grounds for the separation from service.
The Executive shall be entitled to a hearing before the Board to contest the Board’s findings, and to be accompanied by counsel. Such hearing shall be held with 15 days of the request thereof to the Company by the Executive, provided that such
request must be made within 15 days of delivery of the Notice. If, following any such hearing, the Board maintains its determination to separate the Executive’s service for Cause, the effective date of such separation from service shall be as
specified in the Notice. 
  

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 5.4 Separation from Service Without Cause. The Company shall have the right at any
time during the Term to separate the Executive from service hereunder without Cause. Upon such a “separation from service” (as defined in Code Section 409A), or the separation from service by the Executive for Good Reason, and subject
to (i) Executive executing a separate written agreement releasing Company, its affiliates and employees from all employment related claims, (ii) Executive’s continued compliance with the provisions of this Agreement that survive
termination, including Section 4 and (iii) Executive not having exercised any of the 102,000 Options, the Company’s sole obligation hereunder, shall be to pay (or, in the case of benefits specified in clause (iii) below, provide)
to the Executive; 
 (i) an amount equal to any Annual Salary accrued and due and payable to the Executive hereunder on the date
of separation from service (to be paid in accordance with the Company’s usual payroll practices), 
 (ii) continuation of
Executive’s Annual Salary for a two year period after the date of Executive’s separation from service (to be paid in accordance with the Company’s usual payroll practices) following the date of termination or such later date as may be
required pursuant to Section 10 hereof, 
 (iii) all benefits specified in Section 3.5 hereof during the two year
period following such separation from service, (to the extent Executive’s is no longer eligible to receive the Section 3.5 benefits during this two year period due to change in employment status, Company shall reimburse Executive’s
reasonable expenses in securing comparable benefits during such time), 
  

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 (iv) an amount equal to 90% of Executive’s Annual Salary for the year in which
separation from service occurs (to be paid once during each of the two fiscal years following the year during which separation occurs), with each such payment to be reduced by the amount the Company may have contributed to Executive’s 401(k)
account with the Company during the prior fiscal year, and 
 (v) notwithstanding anything set forth in the terms and conditions
of applicable General Stock Award agreements, (a) the General Stock Awards granted prior to such separation shall immediately vest (other than the 102,000 Options which shall be immediately cancelled) and, in the case of stock options other
than the 102,000 Options, shall remain exercisable for Exercise Period and (b) provided that the Base Performance Metric has been achieved prior to such separation (or if the separation occurs during the second half of a fiscal year, if the
Base Performance Metric is achieved during such year), 15,000 restricted stock units under his Special RSU Awards shall vest and convert to shares on the later of (I) the date of the Executive’s separation from service or (II) the date on
which the compensation Committee of the Board certifies the achievement of the Base Performance Metric (first from the 2009 Special RSU Award until all such restricted stock units have vested and then, if necessary from 2010 Special RSU Award) for
each full 12 month period of Executive’s employment with the Company following the Effective Date until such separation, which number of units shall be pro-rated for

  

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each full month of any partial year (less the number of such restricted stock units under the Special RSU Awards that have vested prior to such separation), with the remaining restricted stock
units under the Special RSU Awards being immediately cancelled. 
 For purposes of this Agreement, “Good Reason” shall
mean (i) a reduction in the Annual Salary or Annual Bonus opportunity as specified in Section 3.1 or 3.2, respectively (ii) a material diminution in Executive’s duties or responsibilities, (iii) an adverse change to the
Executive’s title of “President” of the Company, or (iv) a material breach of this Agreement by the Company. To the extent required to comply with Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), as determined by the Company, one or more payments under this Section 5.4 shall be delayed for a six-month period following Executive’s separation from service, within the meaning of Code Section 409A. If and to the
extent required to prevent a violation of Code Section 409A, Executive will pay the entire cost of any insurance coverage for the first six (6) months after separation from service and the Company will reimburse Executive for the
Company’s share of such costs on the six-month anniversary of Executive’s separation from service, as defined in Code Section 409A. 
 5.5 Other. Except as otherwise provided herein, upon the expiration or other termination of this Agreement, including the resignation of Executive, all obligations of the Company shall forthwith
terminate, except as to any rights as provided in applicable General Stock Award agreements, Special RSU Award Agreements and except as otherwise required by applicable law. 
  

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 6. Expenses. 
 6.1 General. During the Term the Executive will be reimbursed for his reasonable expenses incurred for the benefit of the Company in
accordance with the general policy of the Company or directives and guidelines established by management of the Company and upon submission of documentation satisfactory to the Company. With respect to any expenses that are to be reimbursed by the
Company to the Executive, the Executives shall be reimbursed upon his presenting to the Company an itemized expense voucher. 
 7. Provisions. 
 7.1 Notices. Any notice or other communication required or permitted hereunder shall be
in writing and shall be delivered personally, telegraphed, telexed, sent by facsimile transmission, or sent by certified, registered or express mail, postage prepaid. Any such notice shall be deemed given when so delivered personally, telegraphed,
telexed, or sent by facsimile transmission or, if mailed, five days after the date of deposit in the United States mail, as follows: 
  

	 	(i)	if to the Company, to: 

 Mohawk Industries, Inc. 
 160 S. Industrial Boulevard 
 Calhoun, GA 30701 
 Attention: General Counsel 
  

	 	(ii)	if to the Executive, to: 

 W. Christopher Wellborn 
 Any party may change its address for notice hereunder by notice to the
other party hereto. 
 7.2 Entire Agreement. This Agreement, the General Stock Award Agreements and the Special RSU Award
Agreements contain the entire agreement between the parties with respect to the subject matter hereof and supersede all prior agreements, written or oral, with respect thereto. 
  

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 7.3 Waivers and Agreements. This Agreement may be amended, modified, superseded,
cancelled, renewed or extended, and the terms and conditions hereof may be waived, only by a written instrument signed by the parties or, in the case of a waiver, by the party waiving compliance. No delay on the part of any party in exercising any
right, power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any right, power or privilege hereunder, nor any single or partial exercise of any right, power or privilege hereunder preclude any other or
further exercise thereof or the exercise of any other right, power, or privilege hereunder. 
 7.4 Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the State of Texas. Any lawsuit arising out of or relating to this Agreement shall be brought exclusively in the federal or state courts located in the State of Texas, and
the Executive and the Company hereby submit to personal jurisdiction in the State of Texas and to venue in such courts. 
 7.5
Successors, Binding Agreement, Assignment. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by
agreement in form and substance satisfactory to the Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.
Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to compensation from the Company in the same amount and on the same terms as

  

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would apply if the Executive separated from service pursuant to Section 5.4 hereof, except that for purposes of implementing the foregoing, the date on which any such succession becomes
effective shall be deemed the date of separation from service. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid that executes and delivers the
agreement provided for in this section or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal
representatives, executors, administrators, successors, heirs, distributes, devisees and legatees. Executive may not delegate the performance of any of his duties hereunder. Neither party hereto may assign any rights hereunder without the written
consent of the other party hereto. 
 7.6 Counterparts. This Agreement may be executed in two counterparts, each of which
shall be deemed an original but both of which together shall constitute one and the same instrument. 
 7.7 Headings. The
headings in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. 
 8. Arbitration. Except for disputes arising out of or pertaining to Section 4 of this Agreement, any and all disputes arising out of or relating to this Agreement or the breach, termination or
validity thereof shall be settled by arbitration before a sole arbitrator in accordance with the American Arbitration Association’s then current National Rules of the Resolution of Employment Disputes (the “AAA Rules”). The
arbitration shall be governed by the Federal Arbitration Act, 9 U.S.C. § 116, and judgment upon the award rendered by the arbitrator may be entered by any court having jurisdiction thereof. The arbitration shall be held

  

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in Atlanta, Georgia and, unless the parties agree otherwise, the arbitrator shall be selected in accordance with the AAA Rules. In case of conflict, the provision of this Section 9 shall
prevail over the AAA Rules. 
 Either party may demand arbitration by sending to the other party by certified mail a written
notice of demand for arbitration, setting forth the matters to be arbitrated. The arbitrator shall have the authority to award only compensatory damages, and neither party shall be entitled to written or deposition discovery from the other. The
Company will pay the fees and expenses of the arbitrator, and in the event the arbitrator renders a decision solely in the favor of Executive, the Company will pay Executive’s reasonable attorneys’ fees, expert witness fees, and other
reasonable expenses. The arbitrator shall have no authority to alter, amend or modify any of the terms and conditions of this Agreement. 
 Before arbitrating the dispute, the parties, if they so agree, may endeavor to settle the dispute by mediation under the AAA Rules. Unless otherwise agreed by the parties, the mediator will be appointed
by the American Arbitration Association in accordance with the AAA Rules. If the mediation is not successfully concluded within thirty (30) days, the dispute will proceed to arbitration as set forth above. 
 Notwithstanding the pendency of any dispute or controversy concerning separation from service or the effects thereof, the Company will
continue to pay the Executive his full compensation in effect immediately before any notice of separation from service giving rise to the dispute was given and continue him as a participant in all compensation, benefit and insurance plans in which
he was then participating, until an award has been entered by the arbitrator. Any amounts paid hereunder shall be set off against or reduced by any other amounts due under this Agreement. 
  

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 9. Legal Fees and Expenses. It is the intent of the Company that the Executive not be
required to incur the legal expenses associated with the negotiation and ongoing interpretation of this Agreement. Accordingly, the Company irrevocably authorizes the Executive from time to time to retain counsel of his choice, at the expense of the
Company, to represent the Executive in connection with the negotiation and interpretation of this Agreement. Notwithstanding the above, the Company shall not be responsible for Executive’s legal expenses associated with litigation or
arbitration regarding this Agreement except to the extent set forth in Section 8. 
 10. Special Provisions Regarding
Code Section 409A. 
 (a) General. This Agreement shall be interpreted and administered in a manner so that any
amount or benefit payable hereunder shall be paid or provided in a manner that is either exempt from or compliant with the requirements Section 409A of the Code and applicable Internal Revenue Service guidance and Treasury Regulations issued
thereunder (and any applicable transition relief under Section 409A of the Code). Nevertheless, the tax treatment of the benefits provided under the Agreement is not warranted or guaranteed. Neither the Company nor its directors, officers,
employees or advisers shall be held liable for any taxes, interest, penalties or other monetary amounts owed by Executive as a result of the application of Section 409A of the Code. 
 (b) Six-Month Delay in Certain Circumstances. Notwithstanding anything in this Agreement to the contrary, if any amount or benefit
that would constitute non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable

  

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under this Agreement by reason of Executive’s separation from service during a period in which he is a Specified Employee (as defined below), then, subject to any permissible acceleration of
payment by the Company under Treas. Reg. Section 1.409A-3(j)(4)(ii) (domestic relations order), (j)(4)(iii) (conflicts of interest), or (j)(4)(vi) (payment of employment taxes): 
 (i) the amount of such non-exempt deferred compensation that would otherwise be payable during the six-month period immediately following
Executive’s separation from service will be accumulated through and paid or provided on the first business day of the seventh month following Executive’s separation from service (or, if Executive dies during such period, within 30 days
after Executive’s death) (in either case, the “Required Delay Period”); and 
 (ii) the normal payment or
distribution schedule for any remaining payments or distributions will resume at the end of the Required Delay Period. 
 For
purposes of this Agreement, the term “Specified Employee” has the meaning given such term in Code Section 409A and the final regulations thereunder: provided, however, that the Company’s Specified Employees and its
application of the six-month delay rule of Code Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Board or a committee thereof, which shall be applied consistently with respect to all nonqualified deferred
compensation arrangements of the Company, including this Agreement. 
  

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 (c) Treatment of Installment Payments. Each payment of termination
benefits under Section 5.4 of this Agreement, including, without limitation, each installment payment and each payment or reimbursement of premiums for continued medical, dental or life insurance coverage under Section 5.4, shall be
considered a separate payment, as described in Treas. Reg. Section 1.409A-2(b)(2), for purposes of Section 409A of the Code. 
 (d) Timing of Release of Claims. Whenever in this Agreement the provision of payment or benefit is conditioned on Executive’s execution and non-revocation of a release of claims, such release,
must be (i) presented by Company to Executive within 14 days of termination of Executive’s employment and (ii) executed by Executive, and all revocation periods shall have expired, within 60 days after the date of termination of
Executive’s employment, but the Company may elect to commence payment at any time during such 60-day period. 
 (e) Timing of Reimbursements and In-kind Benefits. If Executive is entitled to be paid or reimbursed for any taxable expenses under Sections 5.4, 6.1, 8 or 9, and such payments or reimbursements are includible in Executive’s
federal gross taxable income, the amount of such expenses reimbursable in any one calendar year shall not affect the amount reimbursable in any other calendar year, and the reimbursement of an eligible expense must be made no later than
December 31 of the year after the year in which the expense was incurred. Executive’s rights to payment or reimbursement of expenses pursuant to Section 9 shall expire at the end of the 20 years after the Effective Date. No right of
Executive to reimbursement of expenses under Sections 5.4, 6.1, 8 or 9 shall be subject to liquidation or exchange for another benefit. 
  

 21 

 11. Mandatory Reduction of Payments in Certain Events. 
 (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any payment or distribution by the
Company to or for the benefit of Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise) (a “Payment”) would be subject to the excise tax imposed by Section 4999 of the
Code (the “Excise Tax”), then, prior to the making of any Payment to Executive, a calculation shall be made comparing (i) the net benefit to Executive of the Payment after payment of the Excise Tax, to (ii) the net benefit to
Executive if the Payment had been limited to the extent necessary to avoid being subject to the Excise Tax. If the amount calculated under (i) above is less than the amount calculated under (ii) above, then the Payment shall be limited to
the extent necessary to avoid being subject to the Excise Tax (the “Reduced Amount”). The reduction of the Payments due hereunder, if applicable, shall be made in such a manner as to maximize the economic present value of all Payments
actually made to Executive as of the date of the Change in Control using the discount rate required by Section 280G(d)(4) of the Code. 
  

 22 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above
written. 
  

			
	W. Christopher Wellborn
		
	By:	 	 /s/ W. Christopher Wellborn

		
	Name:	 	 W. Christopher Wellborn

	
	MOHAWK INDUSTRIES, INC.
		
	By:	 	 /s/ Jeffrey S. Lorberbaum

		
	Name:	 	 Jeffrey S. Lorberbaum

		
	Title:	 	 Chairman and Chief Executive Officer

  

 23Amended and Restated Indemnification Agreement with Directors

 Exhibit 10.1 
 AMENDED AND RESTATED 
 DIRECTOR
INDEMNIFICATION AGREEMENT 
 This AMENDED AND RESTATED INDEMNIFICATION AGREEMENT is made this
     day of              (the “Agreement”) by and between The Bank of New York Mellon Corporation (the “Company”) and
                     (“Indemnitee”). 
 WHEREAS, the Company and the Indemnitee entered into an Indemnification Agreement on December 14, 2009 (the “Original Agreement”); 
 WHEREAS, pursuant to Section 19 of the Original Agreement, the Company and the Indemnitee wish to amend and restate the Original
Agreement to read as set forth herein; 
 WHEREAS, Indemnitee is a Director of the Company and may also be serving or may serve
in the future in another Position (as hereinafter defined) at an Affiliated Entity (as hereinafter defined); 
 WHEREAS, in
consideration of the Indemnitee acting in the Position or Positions and assuming the responsibilities attendant to the Position or Positions, the Company desires to provide Indemnitee the rights to indemnification and payment or reimbursement of
expenses described below; 
 NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Original Agreement is hereby amended and restated to read, and the Company and Indemnitee do hereby covenant and agree as follows: 
 Section 1. Definitions. For purposes of this Agreement: 
 (a) “Change of Control” means, and shall be deemed to have occurred if, on or after the date
of this Agreement, (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than (A) a trustee or other fiduciary holding
securities under an employee benefit plan of the Company or any of its subsidiaries acting in such capacity, or (B) a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions
as their ownership of stock of the Company, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under such Act), directly or indirectly, of securities of the Company representing more than 20% of the total voting power
represented by the Company’s then outstanding Voting Securities, (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the board of directors of the Company and any new director
whose election by the board of directors of the Company 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 a majority thereof, (iii) the stockholders of the Company approve a merger or consolidation of the Company with
any other corporation other than a merger or consolidation that 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 entity) at least 80% of the total voting power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, (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 (in one transaction or a series of related transactions) all or substantially all of its
assets, or (v) the Company shall file or have filed against it, and such filing shall not be dismissed, any bankruptcy, insolvency or dissolution proceedings, or a trustee, administrator or creditors committee shall be appointed to
manage or supervise the affairs of the Company. 
 (b) “Expenses” shall include all out of pocket
fees, costs and expenses, including, without limitation, attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, postage, delivery service fees,
and all other disbursements or expenses of the types customarily incurred if Indemnitee is involved in any manner (including, without limitation, as a party or a witness) in any Proceeding (as hereinafter defined) and the fees and costs incurred in
seeking to enforce, interpret or construe an indemnification, reimbursement or payment right under this Agreement, the Company’s or any subsidiary’s certificate of incorporation or bylaws, the Company’s Indemnification Policy, any
other agreement to which Indemnitee and the Company or any of its subsidiaries are party, any vote of stockholders or directors of the Company or any of its subsidiaries, the Delaware General Corporation Law (the “DGCL”), any other
applicable law or any liability insurance policy or in connection with a determination contemplated by Section 5 of this Agreement. 
 (c) “FDIC Regulations” means regulations of the Federal Deposit Insurance Corporation (or any successor provisions). 
 (d) “Position” means service as a director of the Company or Company advisory board or of any other corporation,
limited liability company, public limited company, partnership, joint venture, trust, employee benefit plan, fund or other enterprise as to which the Company beneficially owns, directly or indirectly, at least a majority of the voting power of
equity or membership interests, or in the case of employee benefit plans, is sponsored or maintained by the Company or one of the foregoing (any of the foregoing, an “Affiliated Entity”). 
 (e) “Proceeding” shall mean any civil, criminal, administrative or investigative action, suit, proceeding or
procedure in which the Indemnitee is involved in any manner including, without limitation, as a party or a witness by reason of the fact of the Indemnitee’s Position or Positions. 
  

 -2- 

 (f) “Undertaking” shall mean an undertaking by Indemnitee to repay
Expenses if (1) to the extent such Expenses are not covered by payments from insurance or bonds purchased pursuant to Section 359.1(1)(2) of the FDIC Regulations, the advanced Expenses subsequently are determined to be, by a court of
competent jurisdiction from which no appeal can be taken, “prohibited indemnification payments”, as defined under the FDIC Regulations, or (2) it shall ultimately be determined by a court of competent jurisdiction from which no appeal
can be taken that Indemnitee is not entitled to be indemnified by the Company. 
 (g) “Voting
Securities” means any securities of the Company that vote generally in the election of directors. 
 Section 2.
Indemnification — General. The Company shall indemnify, subject to the terms of this Agreement, Indemnitee against all judgments, awards, fines, ERISA excise taxes, penalties, amounts paid in settlement, liabilities and losses and shall
pay or reimburse all Expenses incurred by Indemnitee, subject to the terms of this Agreement, to the fullest extent permitted by Delaware law in effect on the date hereof or as amended to increase the scope of permitted indemnification, if
Indemnitee is involved in any manner (including, without limitation, as a party or a witness) in any Proceeding by reason of the fact of Indemnitee’s Position or Positions, including, without limitation, any Proceeding by or in the right of the
Company to procure a judgment in its favor, but excluding any Proceeding initiated by Indemnitee other than (i) Proceedings initiated by Indemnitee which are consented to in advance in writing by the Company and (ii) counterclaims
made by Indemnitee in a Proceeding which directly respond to and negate the affirmative claim made against Indemnitee in such Proceeding. In the event Indemnitee incurs Expenses or settles a Proceeding under circumstances in which the Company would
have an obligation to indemnify Indemnitee for the Expenses or settlement amount, the Company may discharge its indemnification obligation by making payments on behalf of Indemnitee directly to the parties to whom such Expenses or settlement amounts
are owed by Indemnitee. Notwithstanding the foregoing, the Company will also, to the fullest extent permitted by Delaware law in effect on the date hereof or as amended to increase the scope of permitted indemnification, indemnify, reimburse and pay
Indemnitee for Expenses incurred in seeking to enforce, interpret or construe an indemnification, reimbursement or payment right under the Company’s or any subsidiary’s certificate of incorporation or bylaws, the Company’s
Indemnification Policy, any other agreement to which Indemnitee and the Company or any of its subsidiaries are party, any vote of stockholders or directors of the Company or any of its subsidiaries, the DGCL, any other applicable law or any
liability insurance policy. 
 Section 3. Expenses. Upon receipt by the Company of an Undertaking by Indemnitee, the
Company shall pay or reimburse Expenses incurred by Indemnitee in connection with a Proceeding, any action or proceeding contemplated by the last sentence of Section 2 of this Agreement and any determination contemplated by Section 5 of
this Agreement, in each case in advance of its final disposition. The Company shall not impose other conditions to advancement and shall not seek or agree to any order that would prohibit Indemnitee from enforcing such right to advancement. Such
payment shall be made within thirty (30) days after the receipt by the

  

 -3- 

 
Company of a written request from Indemnitee requesting reimbursement or payment of such Expenses. Such request shall reasonably evidence the Expenses incurred by Indemnitee. The burden of
proving that the Company is not liable for reimbursement or payment of Expenses shall be on the Company. 
 Section 4.
Limitations. The Company shall not indemnify Indemnitee (1) if such indemnification or payment would constitute a “prohibited indemnification payment” under the FDIC Regulations or any other applicable laws, rules or
regulations, (2) for an accounting of profits arising from the purchase and sale by the Indemnitee of securities under Section 16(b) of the Securities Exchange Act of 1934, as amended or (3) for violations of Federal or state insider
trading laws, unless, in each such case, Indemnitee has been successful on the merits, received the Company’s written consent prior to incurring an Expense or, after receiving the Company’s written consent to incurring the cost of
settlement, settled the Proceeding. This Section 4 shall not limit the Company’s obligation to advance Expenses to Indemnitee pursuant to Section 3 of this Agreement. 
 Section 5. Standard of Conduct. No claim for indemnification shall be paid by the Company unless it has been determined that
Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company and, with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct
was unlawful, which is the standard of conduct set forth in Section 145 of the DGCL (as such, the “Standard of Conduct”, with such Standard of Conduct to be automatically revised to conform to any successor provision of the DGCL that
is more favorable to Indemnitee) except that no indemnification shall be made with respect to any Proceeding by or in right of the Company as to which the Indemnitee shall have been adjudged to be liable to the Company, except as determined by the
court or other tribunal adjudicating the Proceeding. Unless (1) a Change of Control (as defined in Section 1 of this Agreement) shall have occurred, or (2) ordered by a court or other tribunal, such determinations of whether the
Standard of Conduct has been satisfied shall be made by (A) a majority vote of the directors of the Company who are not parties to the Proceeding, even though less than a quorum, or (B) by a committee of such directors designated by a
majority vote of such directors, even though less than a quorum, or (C) if there are no such directors, or if such directors so direct, by independent legal counsel in a written opinion, or (D) by stockholders of the Company. If a Change
of Control has occurred, such determination of whether the Standard of Conduct has been satisfied shall be made by independent legal counsel in a written opinion to the Company and Indemnitee. Such independent legal counsel shall be selected by
Indemnitee and approved by the Company (which approval shall not be unreasonably withheld or delayed). The Company shall pay the fees and expenses of the independent legal counsel and indemnify the independent legal counsel against any and all
expenses (including attorneys’ fees), claims, liabilities and damages arising out of or relating to its engagement and shall indemnify, reimburse and pay Indemnitee for Expenses incurred in connection with such determination. Indemnitee shall
be deemed to have met the Standard of Conduct if the determination is not made by the Company within sixty days of receipt by the General Counsel of a written request by Indemnitee for indemnity. If the Indemnitee has been determined not to have met
the Standard of Conduct, Indemnitee may commence litigation in any court in the State of Delaware having subject matter jurisdiction

  

 -4- 

 
thereof and in which venue is proper seeking an initial de novo determination by the court or challenging any such determination or any aspect thereof, including the legal or factual bases
therefor, and the Company hereby consents to service of process and agrees to appear in any such proceeding. Any determination under this Section 5 otherwise shall be conclusive and binding on the Company and Indemnitee. In no event shall a
determination be a prerequisite to or affect the Company’s obligation to advance Expenses to Indemnitee pursuant to Section 3 of this Agreement. 
 Section 6. Contribution. If the full indemnification and payment or reimbursement of Expenses provided by this Agreement may not be paid to Indemnitee because it has been finally adjudicated that
such indemnification or payment or reimbursement of Expenses incurred by Indemnitee is prohibited by Delaware or other law, or if it has been determined as provided above that the Standard of Conduct has not been met, and if and to the extent that
Indemnitee is not entitled to coverage under the Company’s directors and officers liability insurance policy, then in respect of any such actual or threatened Proceeding in which the Company or an Affiliated Entity is jointly liable with
Indemnitee (or would be if joined in such Proceeding), as determined 
 (a) if no Change of Control has occurred, by (1) a
majority vote of the directors of the Company who are not parties to the Proceeding, even though less than a quorum, or (2) by a committee of such directors designated by a majority vote of such directors, even though less than a quorum, or
(3) if there are no such directors, or if such directors so direct, by independent legal counsel in a written opinion, or (4) by stockholders of the Company, or 
 (b) if a Change of Control has occurred, by independent legal counsel in a written opinion to the Company and Indemnitee (such independent
legal counsel to be selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld or delayed)), 
 the
Company shall contribute to the amount of loss, liability or Expenses incurred by Indemnitee in such proportion as appropriate to reflect (i) the relative benefits received by the Company and any Affiliated Entity on the one hand and Indemnitee
on the other hand from the transaction from which such Proceeding arose and (ii) the relative fault of the Company or Affiliated Entity, including other persons indemnified by the Company on the one hand, and Indemnitee on the other hand in
connection with the events which resulted in such Proceeding, as well as any other relevant equitable considerations. The relative fault of the Company or any Affiliated Entity, including other persons indemnified by the Company, on the one hand,
and of Indemnitee on the other hand shall be determined by reference to, among other things, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent the circumstances resulting in such Proceeding.
The Company acknowledges that it would not be just and equitable if contribution pursuant to this Section 6 were determined by pro rata allocation or any other method of allocation which does not take into account the foregoing equitable
considerations. 
  

 -5- 

 Section 7. Defense of Claim. If any Proceeding asserted or commenced against
Indemnitee is also asserted or commenced against the Company or an Affiliated Entity, the Company or the Affiliated Entity shall be entitled, except as otherwise provided herein below, to assume the defense thereof. After notice from the Company or
any Affiliated Entity to Indemnitee of its election to assume the defense of any such Proceeding, Indemnitee shall have the right to employ Indemnitee’s own counsel in such Proceeding, but the Expenses of such counsel incurred after notice from
the Company or any Affiliated Entity to Indemnitee of its assumption of the defense thereof shall be at the expense of Indemnitee and the Company shall not be obligated to Indemnitee under this Agreement for any Expenses subsequently incurred by
Indemnitee in connection therewith other than reasonable costs of investigation and reasonable travel and lodging expenses arising out of Indemnitee’s participation in the defense of such Proceeding, unless (i) otherwise notified by the
Company, (ii) Indemnitee’s counsel shall have reasonably concluded and so notified the Company that there is a conflict of interest between the Company or any Affiliated Entity and Indemnitee in the conduct of defense of such Proceeding,
or (iii) the Company or any Affiliated Entity shall not in fact have employed counsel to assume the defense of such Proceeding, in any of which cases the Expenses of Indemnitee in such Proceeding shall be reimbursed or paid by the Company. The
Company or any Affiliated Entity shall not be entitled to assume the defense of any Proceeding brought by or on behalf of the Company by its stockholders or as to which Indemnitee’s counsel shall have made the conclusion set forth in clause
(ii) of the preceding sentence of this Section 7. 
 Section 8. Settlement. The Company will not, without the
prior written consent of the Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee unless such settlement solely involves the payment of money by persons other
than Indemnitee and includes an unconditional release of Indemnitee from all liability arising from or relating to any matters that are the subject of such Proceeding. The Company shall not be obligated to indemnify Indemnitee against amounts paid
in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not be unreasonably withheld. 
 Section 9. Duration of Agreement. This Agreement will be considered to be in effect on the first day of the Indemnitee’s
Position or Positions, even if such date occurs prior to the date of this Agreement, and will continue for so long as Indemnitee may be subject to any possible Proceeding by reason of the fact of Indemnitee’s Position or Positions, whether or
not Indemnitee ceases to hold such Position or Positions. 
 Section 10. Confidentiality. Except as required by law or as
otherwise becomes public (other than in violation of this Agreement) or as communicated to Indemnitee’s counsel or to Indemnitee’s or the Company’s insurer, in seeking indemnification or reimbursement or payment of Expenses hereunder,
Indemnitee agrees to keep confidential any information that arises in connection with this Agreement, including but not limited to, claims for indemnification or payment or reimbursement of Expenses, amounts paid or payable under this Agreement and
any communications between the Indemnitee and the Company. 
  

 -6- 

 Section 11. Applicability to Other Indemnification Provisions. This Agreement is
entered into pursuant to Section 145(f) of the DGCL and to the fullest extent permitted by law shall be in addition to indemnification and reimbursement or payment of Expenses provided by the DGCL. To the fullest extent permitted by law, the
Company shall apply this Agreement, which is substantially consistent with the Company’s Amended and Restated Indemnification Policy as in effect on the date hereof, in considering requests for indemnification or reimbursement or payment of
Expenses under its Amended and Restated Indemnification Policy, certificate of incorporation, by-laws, or any other agreement or undertaking of the Company or similar constituent documents of an Affiliated Entity that provides rights to
indemnification or reimbursement or payment of Expenses (“Alternate Indemnification Provisions”). By entering into this Agreement, the parties agree that if there is an existing Indemnification Agreement by and between Mellon Financial
Corporation and Indemnitee which was assumed by the Company by operation of law and pursuant to the 2006 merger agreement entered into by the Company, Mellon Financial Corporation and The Bank of New York Company, Inc., such agreement is hereby
terminated insofar as it relates to actions taken by Indemnitee after the execution of this Agreement. For the avoidance of doubt, should there be any differences between the Company’s Indemnification Agreement or its Amended and Restated
Indemnification Policy and this Agreement, this Agreement will govern. 
 Section 12. No Duplication of Payments. The
Company shall indemnify and pay or reimburse Expenses of the Indemnitee in accordance with the provisions of this Agreement, provided, however, that the Company shall not be liable under this Agreement to make any payment to Indemnitee
to the extent that Indemnitee (i) has previously received payment or reimbursement under an insurance policy maintained by the Company or by or out of a fund created by the Company and under the control of a trustee or otherwise, or
(ii) has previously received payment from other sources provided by the Company. 
 Section 13. Insurance. To the
extent the Company maintains an insurance policy or policies providing directors and officers liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with and subject to its or their terms, to the maximum extent of
the coverage available for any member of the Board. 
 Section 14. Subrogation. In the event of payment under this
Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee under any insurance policy held by the Company or an Affiliated Entity or otherwise. Indemnitee shall execute all documents
reasonably required and shall do everything reasonably necessary to secure such rights, including the execution of such documents necessary to enable the Company to effectively bring suit to enforce such rights. 
 Section 15. Notice by Indemnitee. Indemnitee shall promptly notify the Company in writing in accordance with Section 21 of this
Agreement upon the earlier of (a) becoming aware of a Proceeding where indemnity or reimbursement or payment of Expenses may be sought or (b) receiving or being served with any summons, citation, subpoena, complaint, indictment,
information, inquiry or other document relating to any Proceeding which may be subject to indemnification or reimbursement or payment of Expenses covered hereunder. As a condition to indemnification or reimbursement or payment of Expenses, any
demand for payment by Indemnitee hereunder shall be in writing. 
  

 -7- 

 Section 16. Severability. If any provision of this Agreement shall be held to be
invalid, inoperative or unenforceable as applied to any particular Proceeding or in any particular jurisdiction, for any reason, such circumstances shall not have the effect of rendering the provision in question invalid, inoperative or
unenforceable in any other distinguishable Proceeding or jurisdiction, or of rendering any other provision or provisions herein contained invalid, inoperative or unenforceable to any extent whatsoever. The invalidity, inoperability or
unenforceability of any one or more phrases, sentences, clauses or sections contained in this Agreement shall not affect any other remaining part of this Agreement. 
 Section 17. Binding Effect. This Agreement shall be binding upon, and inure to the benefit of, Indemnitee and Indemnitee’s heirs, personal representatives, executors and administrators and
upon the Company and its successors and assigns. 
 Section 18. Counterparts. This Agreement may be executed in one or
more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. 
 Section 19. Headings. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction
thereof. 
 Section 20. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be
binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver
constitute a continuing waiver. 
 Section 21. Notices. All notices, requests, demands and other communications hereunder
shall be in writing and shall be deemed to have been duly given if (i) delivered by hand, on the date delivered, (ii) mailed by certified or registered mail, with postage prepaid, on the third business day after the date on which it is
mailed or (iii) sent by guaranteed overnight courier service, with postage prepaid, on the business day after the date on which it is sent: 
  

	 	(a)	If to Indemnitee, to the address set forth on the signature page of this Agreement; 

  

	 	(b)	If to the Company, to: 

 The
Bank of New York Mellon Corporation 
 One Wall Street 
 New York, NY 10286 
 Attention: General Counsel 
  

 -8- 

 with copies to: 
 The Bank of New York Mellon Corporation 
 One Wall Street 
 New York, NY 10286 
 Attention: Corporate Secretary 
 or to such other address as may have been furnished to Indemnitee by the Company or to the Company by Indemnitee, as the case may be. 
 Section 22. Governing Law. The parties agree that this Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware. 
 Section 23. Venue. Any Proceeding relating to or arising from this Agreement, including without limitation, any Proceeding regarding
indemnification or reimbursement or payment of Expenses arising out of this Agreement, shall only be brought and heard in the Chancery Court in and for the State of Delaware, and may not be brought in any other judicial forum. 
  

 -9- 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year
first above written. 
  

			
	THE BANK OF NEW YORK MELLON CORPORATION
		
	By:	 	  

	Name:	 	[NAME]
	Title:	 	[TITLE]

  

	
	AGREED TO AND ACCEPTED BY:
	
	  

	Name: [Insert Name of Indemnitee]
	Address: [Insert Address of Indemnitee]

  

 -10-

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