Document:

Amended and Restated Aircraft Lease Agreement

 Exhibit 10.1 
 AMENDED AND RESTATED 
 AIRCRAFT LEASE AGREEMENT 

This AMENDED AND RESTATED AIRCRAFT LEASE AGREEMENT (“Agreement”) dated as of August 1, 2012, is by and between The
Wendy’s Company, a Delaware corporation with its principal place of business at One Dave Thomas Boulevard, Dublin, OH 43017 (“Lessor”) and TASCO, LLC, a Delaware limited liability company with its principal place of business at
280 Park Avenue, New York, New York 10017-1216 (“Lessee”). 
 WHEREAS, Lessor owns a Gulfstream Aerospace
G-IVSP aircraft bearing U.S. Registration No. N394TR and manufacturer’s serial number 1252 and the two (2) Rolls Royce model Tay 611-8 engines installed thereon, bearing manufacturer’s serial numbers 16623 and 16624, respectively, and
all parts, instruments, avionics, attachments and appurtenances installed thereon or attached thereto (the “Aircraft”); and 
 WHEREAS, Lessee and Lessor entered into an Aircraft Lease Agreement dated as of June 10, 2009, as amended (as so amended, the “Original Lease Agreement”), pursuant to which the
Lessee has leased the Aircraft on a non-exclusive basis from Lessor 
 WHEREAS, Lessee desires to continue to lease the Aircraft
from Lessor and Lessor desires to continue to lease the Aircraft to Lessee, on an exclusive basis upon and subject to the terms and conditions of this Agreement; 
 NOW, THEREFORE, in consideration of the mutual agreements herein contained and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree to amend
and restate the Original Lease Agreement in its entirety as follows: 
 Section 1: AGREEMENT TO LEASE 

1.1 Lease of Aircraft. Subject to the terms and conditions of this Agreement, Lessor agrees to lease the Aircraft to Lessee and
Lessee agrees to take the Aircraft on lease from Lessor, such lease to be on an exclusive basis. 
 Section 2: TERM; DELIVERY/REDELIVERY;
CONDITION 
 2.1 Term. The term for the lease of the Aircraft shall begin on the date hereof and shall expire on
January 5, 2014 at 11:59 p.m. and will be non-cancellable unless earlier terminated by Lessee pursuant to either Sections 4.3(ii) or 4.3(iii) below (the “Term”). 

2.2 Delivery and Redelivery. Delivery and redelivery of the Aircraft by one party to the other party shall be made at Westchester
County Airport in New York or Stewart International Airport in New Windsor, New York; provided, however, the delivery and/or re-delivery may be made at such other airport as the parties may agree. Lessee shall not enter into any lease
or sublease or other occupancy agreement relating to hangar space for the Aircraft that has a term that ends after January 31, 2014. If Lessee shall enter into a new lease, sublease or other arrangement relating to hangar space for the Aircraft
(a “New Hangar Lease”) the amount of the payments under such New Hangar 

 
Lease in excess of $105,600 per annum shall not be included in the cost threshold set forth in Section 4.3(d)(ii)(x) herein. If the Lessee terminates this Agreement for any reason, other
than by reason of a default by Lessor as provided in Section 9.2 below, Lessee shall be responsible for all costs and expenses in connection with the New Hanger Lease in excess of the amount due for one month under the Lessor’s lease at
Stewart Airport in effect as of the date of this Agreement (which amount Lessor shall be responsible for). 
 2.3 Delivery
Condition. Except as otherwise expressly provided by this Agreement, THE AIRCRAFT IS LEASED TO LESSEE “AS IS, WHERE IS” AND LESSOR HEREBY DISCLAIMS ANY AND ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT
LIMITED TO ANY IMPLIED WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY, AND ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE OR DEALING OR USAGE OF TRADE, AND ALL OBLIGATION AND LIABILITY IN TORT, NEGLIGENCE AND STRICT
LIABILITY AS TO THE AIRWORTHINESS, CONDITION, DESIGN OR OPERATION OF THE AIRCRAFT OR ANY PART THEREOF OR THE CONDITION AND THE COMPLETENESS OF THE RECORDS FOR THE AIRCRAFT, AND LESSEE HEREBY WAIVES AND DISCLAIMS RELIANCE UPON ANY SUCH
REPRESENTATIONS AND WARRANTIES. 
 2.4 Redelivery Condition. Upon the expiration of the Term, Lessee will return the
Aircraft to Lessor in as good condition as when delivered, ordinary wear and tear excepted, and clean and ready for flight and with the same equipment, components and systems as at the commencement of this Agreement, subject to the modification or
addition, removal or replacement of such equipment, components and systems to maintain the Aircraft in a fully functional and operating manner in accordance with commercially reasonable standards of the airline industry (as further set forth in
Section 4.3 below) and any changes to current guidelines established by the relevant manufacturers and/or the FAA, subject to Lessee’s right to terminate this Lease pursuant to Section 4.3(ii) or (iii) below and not bear the
expenses in excess of the 110% expense amount pursuant to Section 4.3(ii) below. 
 Section 3: PAYMENTS 

3.1 Rent. Subject to Section 4.3(ii) and (iii) below, this Agreement is intended to be a net lease to Lessor whereby all
expenses related to the ownership, maintenance (whether mandatory or recommended) and operation of the Aircraft during the Term shall be borne by and passed through to Lessee, including but not limited to those set forth in Sections 4, 5 and 7
herein (collectively, the “Costs”). To the extent possible, Lessee shall arrange to have all Costs billed directly to Lessee. In the event Lessor receives any invoices or bills directly relating to the Costs, Lessor shall promptly
forward any such invoices or bills to Lessee and Lessee shall pay all invoices or bills by the later of the date on which the Costs are due or fifteen (15) days from receipt by Lessee of the invoice or bill from Lessor. In the event Lessor is
required to pay any Costs directly, Lessor shall invoice Lessee (accompanied with reasonably acceptable supporting information, e.g. paid receipt, invoice) and Lessee shall, subject to Section 4.3(ii) and (iii) below, reimburse Lessor for
such amounts within fifteen (15) days from the date of such invoice. In the event that the Aircraft is redelivered to Lessor after the expiration of the Term, Lessee shall pay to Lessor an additional charge of US$500 and continue to pay the
Aircraft expenses required to be paid by Lessee under the Agreement for each day that the return of the 

  
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Aircraft is overdue (“Supplemental Rent”), provided, however, that no Supplemental Rent or applicable Aircraft expenses shall be owing and due for any period during which
the Aircraft is undergoing maintenance that is the responsibility of Lessee hereunder, as long as such maintenance which is the responsibility of Lessee is not overdue and is paid for by Lessee. Supplemental Rent, if any, shall be paid by Lessee to
Lessor within fifteen (15) days of receipt of an invoice from Lessor for such charges. 
 Section 4: USE AND OPERATION OF THE
AIRCRAFT; FLIGHT CREWS 
 4.1 Use of the Aircraft. During the Term, Lessee shall be responsible for all fuel, inspection,
servicing, storage, operational and flight crew costs relating to the operation of the Aircraft. Lessee agrees that during the term of this Agreement the Lessee (or an affiliate thereof) shall cause the Aircraft to be stored in a hangar whenever the
Aircraft is located at Westchester County Airport, Stewart International Airport or such other airport or hangar facility as Lessee shall deem at any time during the term of this Agreement to be the primary storage location for the Aircraft. Lessee
shall use commercially reasonable efforts to cause the Aircraft to be stored in a hangar facility when not in operation if the Aircraft will be parked in the same location (other than the primary storage location for the Aircraft) for more than
seven (7) consecutive days or in the event of inclement weather that includes a form of frozen precipitation. The cost of storing the Aircraft in a hangar facility at Westchester County Airport or Stewart International Airport or any other
hangar facility shall be at Lessee’s expense. 
 4.2 Operation. During the Term of this Agreement, Lessee shall
exercise exclusive operational control over the Aircraft. Lessee hereby covenants with Lessor that from delivery of the Aircraft to Lessee until redelivery to Lessor, the Aircraft shall be operated at all times in accordance with all applicable
Federal Aviation Regulations (“FARs”) as issued by the Federal Aviation Administration (“FAA”) and that Lessee shall not cause or permit the Aircraft to be operated in any manner contrary to any recommendation of
the manufacturer of the Aircraft nor in any manner that would violate the terms of the insurance coverage required to be provided under Section 5 hereunder or for any purpose contrary to applicable law. Lessee shall keep or cause to be kept
accurate, complete and current records of all flights made by the Aircraft; such records to be kept in such manner as the FAA may from time to time require. Lessee shall not do or permit to be done any act or thing which might jeopardize the rights
of the Lessor as owner of the Aircraft. Lessee shall not sublease, charter, hire or otherwise part with possession of the Aircraft. Lessee shall accommodate the request of Lessor to exhibit the Aircraft to potential purchasers as long as the
exhibition of the Aircraft occurs during normal business hours, provided that Lessor shall have given Lessee reasonable prior notice of any such request. Except as provided in the preceding sentence, Lessor warrants that, so long as Lessee is not in
default under this Agreement, Lessee’s use of the Aircraft shall not be interrupted by Lessor. 
 4.3 Maintenance.
(i) Subject to Section 4.3(ii) below, during the Term of this Agreement, the Aircraft shall be serviced, repaired and maintained at Lessee’s sole cost and expense so as to keep the Aircraft airworthy and in as good an operating
condition as when delivered to Lessee hereunder, ordinary wear and tear excepted, as follows: 
 (a) Calendar-Based
Maintenance. Lessee shall be responsible for all maintenance items that become due on a calendar basis in accordance with the FAA-approved Gulfstream-recommended maintenance program for the Aircraft; 

  
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 (b) Usage-Based Maintenance. Lessee shall be responsible for all maintenance items
that are required to be made as a result of Lessee’s usage (hours or cycles) of the Aircraft under this Agreement in accordance with the FAA-approved Gulfstream-recommended maintenance program for the Aircraft; 

(c) Transit Maintenance. Lessee shall be responsible for the performance of all transit maintenance of the Aircraft which shall
include a visual check of the aircraft exterior prior to all take-offs with particular attention to any fluid leaks, repair or replacement of worn or flat tires or low shock struts, rectification of any discrepancies noted in the aircraft logbook,
and the repair or deferral under the Minimum Equipment List for the Aircraft of all malfunctions affecting airworthiness. 
 (d)
Extraordinary Repairs. All extraordinary and unscheduled repairs and/or maintenance for the Aircraft shall be performed by Lessee at Lessee’s expense. 
 (ii) Notwithstanding anything in this Agreement to the contrary including, without limitation, the terms of Section 4.3(i) above, during the Term of this Agreement (x) the estimated amount of
annual ongoing maintenance, hangar, insurance and other expenses that Lessee shall be obligated to pay pursuant to this Agreement shall be $525,000, in the aggregate, per annum, and (y) the estimated amount of any other scheduled maintenance
expenses (such as expenses relating to painting the Aircraft and engine inspections) that Lessee shall be obligated to pay pursuant to this Agreement shall be $425,000, in the aggregate. If either of these actual amounts exceeds 110% of these
estimates, Lessee can either pay such amounts or terminate this Agreement in accordance with the redelivery conditions contained in Section 2 and shall be responsible for all such expenses (other than the amount of any expenses in excess of
such 110% expense amount) up to and through the date of redelivery. 
 (iii) Notwithstanding anything in this Agreement to the
contrary including, without limitation, the terms of Section 4.3(i) above, if during the Term of the Agreement extraordinary and/or unscheduled repairs and/or maintenance (not included in Section 4.3(ii) above) for the Aircraft become
necessary and the estimated cost of such extraordinary and/or unscheduled repairs and/or maintenance is, in the aggregate (including the cost of all previous extraordinary and/or unscheduled repairs and/or maintenance incurred by Lessee hereunder),
in excess of $225,000 (excluding all expenses set forth in Subsection 4.3(ii) above), the Lessee shall have the right, upon delivery of a written notice to Lessor, to terminate this Agreement and upon such termination (x) Lessee shall not be
obligated to perform or pay for such extraordinary or unscheduled repair and/or maintenance and (y) Lessor shall refund to Lessee any amounts previously paid by Lessee to Lessor for the lease of the Aircraft for any period following the date of
such termination. 
 4.4 Flight Crews. Any and all flight crewmembers operating the Aircraft on behalf of the Lessee
shall hold commercial pilot licenses and shall possess current and valid first or second class medical certificates. 

  
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 4.5 Inspection. During the Term of this Agreement, upon reasonable prior notice from
Lessor but in no event later than fifteen (15) business days after such notice (unless the Aircraft is scheduled to be outside of the United States during such period, in which event the Aircraft shall be available for inspection within 10 days
after returning to the United States), Lessor (and/or its representatives) shall have the right to inspect the Aircraft on two occasions, such inspections to be conducted during normal business hours at a mutually agreed upon location, coordinated
with Lessee so as to cause the minimum practical disturbance to Lessee’s operation of the Aircraft and conducted in compliance with Lessee’s occupational health and safety and security requirements. The requirements for reasonable notice
and coordination so as to cause the minimum practical disturbance shall not apply following the occurrence of a default by Lessee (as provided in Section 9.1 below) which is continuing. Notwithstanding the foregoing, the “two
occasion” limitation set forth above shall not apply in the event an inspection is required pursuant to any FAA reporting requirements. 

Section 5: INSURANCE 
 5.1
Insurance. From delivery and at all times during the Term, Lessor shall, at Lessee’s sole cost and expense (subject to reimbursement as set forth in Subsection 3.1 above), procure and maintain (i) hull insurance (while in flight or
on the ground) against loss or damage to the Aircraft including but not limited to, loss by fire, theft, collision and such other risks of loss as are normally insured against, or as is customary in the industry, in an amount of no less than the
market value of the Aircraft as determined by the Aircraft Blue Book Price Digest at the inception of this Agreement or by a third party appraisal of the Aircraft by an appraiser reasonably acceptable to both Lessor and Lessee with the costs of such
appraisal for the account of Lessee; (ii) public liability insurance against losses or damages arising from death or bodily injury, or any property damage caused by or due to the operation of the Aircraft, such public liability insurance
(a) shall be for a combined limit of not less than US$500,000,000 per single occurrence and (b) shall name Lessee, Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden as additional insureds. 

Section 6: INDEMNIFICATION 

6.1 Indemnification by Lessee. Lessee agrees to defend, indemnify and hold harmless the Lessor from and against any and all claims,
proceedings, losses, liabilities, suits, judgments, costs, expenses, penalties or fines (individually and collectively hereinafter referred to as “Claims”) for or on account of or arising from or in any way connected with injury to or
death of any persons whomsoever or loss or damage to any property of any person (including the Aircraft), which may be suffered or incurred as a result of or in any way connected with the possession, performance, transportation, transit maintenance,
condition, service, repair, use or operation of the Aircraft (either in the air or on the ground) or any part thereof during the Term, other than Claims attributable to (i) the gross negligence or willful misconduct of the Lessor or (ii) a
breach of Lessor’s obligations hereunder. Lessee’s liability for any Claims hereunder and its indemnification obligations under this Section 6.1 shall be in its capacity as lessee and operator of the Aircraft only. 

6.2 Indemnification by Lessor. Lessor agrees to defend, indemnify and hold harmless the Lessee from and against any and all Claims
for or on account of or arising from or in any way connected with injury to or death of any persons whomsoever or loss or damage to any property of any person (including the Aircraft), which may be suffered or incurred as a result of or in any way
connected with (i) the gross negligence or willful misconduct of the Lessor or (ii) a breach of Lessor’s obligations hereunder. 

  
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 6.3 Survival. The provisions of Section 6 shall survive the expiration or
earlier termination of this Agreement and shall continue in full force and effect notwithstanding such expiration or termination. 

Section 7: LIENS; TAXES 

7.1 Liens. Lessee shall not create, nor permit to exist, any liens, security interests, mortgages, charges or other encumbrances
(“Liens”) upon or against the Aircraft other than (a) Liens created by or attributable to Lessor or any parts thereof or (b) Liens that arise and are discharged in the ordinary course of business (such as, without
limitation, mechanics’ liens for maintenance performed on the Aircraft). Nor shall Lessee do or permit to be done anything which may expose the Aircraft or any parts thereof to forfeiture, seizure, arrest, impounding, detention, confiscation,
taking in execution, attachment or appropriation. 
 7.2 Taxes. Lessee shall promptly pay and discharge when due and
payable all taxes, penalties and interest that are payable and due arising out of Lessee’s use of the Aircraft and shall indemnify and hold Lessor harmless against any and all sales, use, services, personal property, customs, business, fuel,
leasing, occupational, transfer, excise, franchise, ad valorem, turnover, stamp, documentary, gross receipts or other taxes, fees, withholdings, imposts, duties, levies, penalties, fines or interest thereon, imposed, levied or otherwise payable to
any national, state or local government, or any subdivision thereof, relating to or attributable to this Agreement (excluding, however, any franchise taxes attributable to Lessor or any taxes imposed on or measured by the net income or net profits
of the Lessor). 
 Section 8: CASUALTY OCCURRENCE 

8.1 Definition of Total Loss. For the purposes of this Agreement, “Total Loss” shall mean
(i) the actual or constructive total loss of the Aircraft (including any damage thereto which results in an insurance settlement on the basis of a total loss, or requisition for use or hire thereof which results in an insurance settlement on
the basis of a total loss); (ii) the Aircraft being destroyed, damaged beyond repair, or permanently rendered unfit for normal use for any reason whatsoever; and (iii) the requisition of title, capture, seizure, confiscation, detention or
grounding of the Aircraft by the FAA or any other competent government authority for a period in excess of thirty (30) days, or the hi-jacking or theft of the Aircraft. In the case of a “Total Loss” resulting from the requisition of
title, capture, seizure, confiscation, detention or grounding of the Aircraft by the FAA or any other competent government authority for a period in excess of thirty (30) days, such “Total Loss” shall be deemed to have occurred on the
thirty-first (31st) day following the date of the
initial occurrence of such event. During the thirty (30) day period referred to in the preceding sentence Lessee shall not be obligated to pay any Costs pursuant to Section 3 above or perform or pay for any maintenance on the Aircraft
pursuant to Section 4 above. 
 8.2 Total Loss During Term. If the Aircraft is the subject of a Total Loss during
the Term, this Agreement shall terminate as of the date of such Total Loss. Provided all amounts which are then due and payable by Lessee under this Agreement have been paid in full to Lessor, Lessee’s obligations hereunder for the payment of
charges under Sections 3 and 4 shall cease as from the date when the Aircraft was no longer available for use due to a Total Loss. Lessee shall be liable only for such charges under Sections 3 and 4 hereof as would apply to the use of the Aircraft
from the start of the Term to the date of the Total Loss. 

  
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 Section 9: DEFAULT 
 9.1 Default by Lessee. If Lessee shall (i) fail to pay or reimburse Lessor for any Cost when required to be paid or reimbursed hereunder and such payment or reimbursement, as applicable, is
not made within ten (10) days of such due date, (ii) fail to pay those costs relating to the operation of the Aircraft as are specified in Section 4 hereof, (iii) fail to maintain the Aircraft in accordance with Section 4 or
(vi) operate the Aircraft outside the scope of the insurance coverage required to be maintained with respect to the Aircraft pursuant to Section 5 hereof, Lessor may declare this Agreement to be in default and may exercise one or more of
the following remedies as Lessor in its sole discretion may elect, to the extent available and permitted by, and subject to compliance with any mandatory requirements of applicable law then in effect: (i) demand that Lessee immediately return
the Aircraft and Lessee shall thereupon immediately return the Aircraft, in which event this Agreement shall terminate upon such return of the Aircraft; (ii) to the extent permitted by applicable law, enter upon the premises where all or any
part of the Aircraft is located and take immediate possession of, and remove, the same, in which event this Agreement shall terminate upon such return of the Aircraft; (iii) proceed by appropriate court action to enforce performance by Lessee
of the provisions of this Agreement and to recover damages for the breach thereof; and (iv) terminate this Agreement by written action and repossess the Aircraft. 
 9.2 Default by Lessor. If Lessor shall (i) fail to provide or maintain insurance coverage for the Aircraft in accordance with Section 5, or (ii) fail to indemnify Lessee in
accordance with Section 6.2, Lessee may declare this Agreement to be in default and may exercise one or more of the following remedies as Lessee in its sole discretion may elect, to the extent available and permitted by, and subject to
compliance with any mandatory requirements of applicable law then in effect: (i) return the Aircraft to Lessor in which event this Agreement shall terminate upon such return of the Aircraft and Lessor shall refund to Lessee any amounts
previously paid by Lessee to Lessor for the lease of the Aircraft for any period following the date of such termination; and (ii) proceed by appropriate court action to enforce performance by Lessor of the provisions of this Agreement and to
recover damages for the breach thereof. 
 Section 10: MISCELLANEOUS 

10.1 Governing Law. This Agreement shall be governed and construed in accordance with the law of the State of New York without
regard to any conflict of law rules thereof that might indicate the application of the laws of any other jurisdiction. 
 10.2
Notices and Communications. For the purposes of this Agreement, all notices and other communications hereunder shall be given by personal delivery, mail, or overnight delivery to the intended recipient at the address specified below:

  

	 	(a)	If to Lessor: 

 The Wendy’s
Company 
 One Dave Thomas Boulevard 
 Dublin, OH 43017 
 Attn: General Counsel 

  
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	 	(b)	If to Lessee: 

 TASCO, LLC

 280 Park Avenue, 41st Floor 
 New York, New York 10017 
 Attn: Chief Legal Officer 

Such notice shall be effective upon receipt by the recipient (which receipt shall be deemed to take place upon (i) five (5) days after mailing
(by certified mail, return receipt requested) in the case of a first class letter, (ii) upon confirmed receipt in the case of a overnight delivery and (iii) upon signed receipt of a personal delivery), shall be in writing and shall be in
the English language. 
 10.3 Complete Agreement. This Agreement contains the entire agreement among the parties hereto
with respect to the subject matter hereof and supersedes all prior written or oral communications or agreements with respect thereto, including, without limitation, the Aircraft Time Sharing Agreement dated as of August 6, 2007, as amended, by
and between Triarc Companies, Inc. and Trian Fund Management, L.P. and the Original Lease Agreement. 
 10.4
Counterparts. This Agreement may be executed in any number of counterparts, each of which when executed shall be considered an original, and when taken together shall constitute but one and the same instrument, and either of the parties
hereto may execute this Agreement by signing such counterpart. 
 10.5 Third Party Beneficiaries. Lessor hereby
acknowledges and agrees that Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden shall be third party beneficiaries of, and shall have full right and power to enforce, the provisions of Sections 5 and 6.2 hereof as if they
were parties to this Agreement. 
 Section 11: REPRESENTATIONS AND WARRANTIES 

(a) Representations and Warranties of Lessor. The Lessor represents and warrants that: 

(i) Corporate Authority and Due Execution. Lessor has the requisite corporate power and authority to enter into this Agreement and
to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement by Lessor and the consumption of the transactions contemplated hereby have been duly and validly authorized by all necessary action. This
Agreement has been duly and validly executed and constitutes the valid and binding agreement of the Lessor, enforceable against it in accordance with its terms. 

  
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 (ii) No Violation; Consents. No consent or approval of, giving of notice to,
registration with, or taking of any other action in respect of or by, any third party, including without limitation, any lender or any federal, state or local governmental authority or agency (including, without limitation, the U.S. Department of
Transportation or the FAA) is required with respect to the execution, delivery and performance by Lessor of this Agreement or the consummation of any of the transactions contemplated hereby, or if any such approval, notice, registration or action is
required, it has been duly given or obtained, other than notification of the Agreement to the FAA, if required. 
 (b)
Representations and Warranties of the Lessee. The Lessee represents and warrants as follows: 
 (i) Authority and Due
Execution. Lessee has the requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement by Lessee and the consumption of the
transactions contemplated hereby have been duly and validly authorized by all necessary action. This Agreement has been duly and validly executed and constitutes the valid and binding agreement of the Lessee, enforceable against it in accordance
with its terms. 
 (ii) No Violation; Consents. No consent or approval of, giving of notice to, registration with, or
taking of any other action in respect of or by, any third party, including without limitation, any lender or any federal, state or local governmental authority or agency (including, without limitation, the U.S. Department of Transportation or the
FAA) is required with respect to the execution, delivery and performance by Lessee of this Agreement or the consummation of any of the transactions contemplated hereby, or if any such approval, notice, registration or action is required, it has been
duly given or obtained. 
 Section 12: TRUTH-IN-LEASING 
 Truth-in-Leasing Provision. LESSOR CERTIFIES THAT DURING THE TWELVE (12) MONTHS PRECEDING THE DATE OF THIS AGREEMENT, THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER THE PROVISIONS OF
FEDERAL AVIATION REGULATIONS PART 91. LESSEE CERTIFIES THAT (i) AT ALL TIMES DURING THE TERM HEREOF, THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER THE PROVISIONS OF FEDERAL AVIATION REGULATIONS PART 91, (ii) DURING THE TERM OF THIS
AGREEMENT, LESSEE, AND NOT LESSOR, SHALL BE RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT AND (iii) LESSEE UNDERSTANDS ITS RESPONSIBILITY FOR COMPLIANCE WITH RESPECT TO ALL APPLICABLE FEDERAL AVIATION REGULATIONS. THE PARTIES
UNDERSTAND THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL OF THE AIRCRAFT AND PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. LESSEE AGREES TO KEEP A COPY OF THIS
AGREEMENT IN THE AIRCRAFT AT ALL TIMES DURING THE TERM HEREOF. 

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

									
	THE WENDY’S COMPANY	 		 	TASCO, LLC
					
	 By:
	 	 /s/ Susan M. Gordon
	 		 	By:	 	 /s/ Nelson Peltz

	Name:	 	Susan M. Gordon	 		 	Name:	 	Nelson Peltz
	Title:	 	Vice President – Legal Counsel	 		 	Title:	 	Chief Executive Officer
					
	 By:
	 	 /s/ Daniel T. Collins
	 		 		 	
	Name:	 	Daniel T. Collins	 		 		 	
	Title:	 	SVP Treasurer and M&A	 		 		 	

 Trian Fund Management, L.P. (“Trian”) absolutely and unconditionally guarantees to The
Wendy’s Company (the “Lessor”) the performance and observance of any and all of the obligations of TASCO, LLC (the “Lessee”) under the foregoing Agreement, including but not limited to the payment in full of all amounts due
from Lessee to Lessor under the Agreement. This Guarantee constitutes the direct, general and unconditional obligation of Trian, is irrevocable and with respect to the obligations of Lessee involving payment of amounts due to Lessor is a guarantee
of payment and not of collection. 
  

			
	TRIAN FUND MANAGEMENT, L.P.
	 By: Trian Fund Management GP, LLC
  its general partner

		
	By:	 	/s/ Nelson Peltz
	Name:	 	Nelson Peltz
	Title:	 	Member

  
 10EX-10.3

 EXHIBIT 10.3 
 RESTRICTED STOCK AWARD AGREEMENT 
 UNDER THE HCC INSURANCE HOLDINGS, INC.

 2008 FLEXIBLE INCENTIVE PLAN 
 This Restricted Stock Award Agreement (the “Agreement”) is entered into effective as of the date of grant set forth on the signature page below (the “Grant Date”) by and
between HCC Insurance Holdings, Inc., a Delaware corporation (the “Company”), and the undersigned employee of the Company or its Subsidiary (“Employee”). Capitalized terms used herein and not otherwise defined
herein (including the Definitions Appendix to this Agreement) shall have the meaning specified in the HCC Insurance Holdings, Inc. 2008 Flexible Incentive Plan, as amended (the “Plan”), which is incorporated herein by reference.

 WHEREAS, under the terms of the Plan the Committee may grant awards of shares of Restricted Stock to Participants in
the Plan; and 
 WHEREAS, Employee is an eligible Participant in the Plan; and 

WHEREAS, the Committee has approved an award of shares of Restricted Stock to Employee on the terms and conditions hereof and
subject to the restrictions set forth herein as an incentive for Employee’s performance of services for the Company and/or its Subsidiaries; 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained and other good and valuable consideration, the Parties hereto agree as follows: 

1. Grant of Restricted Shares. As of the Grant Date, the Company hereby grants and conveys to Employee the number of shares of
Restricted Stock specified on the signature page of this Agreement (the “Restricted Shares”). The Restricted Shares shall constitute performance-based Restricted Stock under the Plan and the Company intends for the Restricted Shares
to qualify for the “performance-based compensation” exception under Code Section 162(m) to the full extent applicable. 
 (a) All of the Restricted Shares shall be subject to the terms and provisions of the Plan, which are incorporated herein by this reference. Except to the extent expressly provided by the Plan, in the
event of any conflict between the terms and provisions of this Agreement and those of the Plan, the terms and provisions of the Plan, including those with respect to the powers of the Committee, shall prevail and be controlling. 

(b) The Restricted Shares shall be registered in Employee’s name as of the Grant Date through a book entry credit in
the records of the Company’s transfer agent, but shall be restricted as described herein during the period prior to the vesting of such shares in accordance with Section 3 (the “Restriction Period”). During the
Restriction Period, any certificates representing the Restricted Shares shall carry a legend evidencing the restrictions of this Agreement. The terms of any such legend shall be determined by the Committee in its sole discretion. 

 (c) If, from time to time during the Restriction Period, there is any stock
dividend, stock split, reorganization, recapitalization, merger, or other event described in Section 14 of the Plan, any and all new, substituted, additional, or other securities to which Employee is entitled by reason of his ownership of the
Restricted Shares shall be considered “Restricted Shares” for purposes of this Agreement and shall be subject to the restrictions described in Section 2 during the Restriction Period. 

(d) Subject to the restrictions set forth in Section 2, Employee shall have all the rights of a stockholder
with respect to the Restricted Shares, including any applicable voting and dividend rights. 
 2. Restrictions.

 (a) During the Restriction Period, Employee shall not sell, transfer, pledge, assign, alienate, hypothecate,
or otherwise encumber or dispose of the Restricted Shares other than by will or the laws of descent and distribution. Any attempt to do so contrary to the foregoing shall be null and void. 

(b) For purposes of this Agreement, Employee shall be considered to be an employee of the Company for so long as Employee
is a common law employee of the Company or any Subsidiary, and Employee’s employment relationship with an entity that was a Subsidiary shall be deemed to have terminated as of the date on which such entity ceased to be a Subsidiary (even if
Employee does not experience a common law termination of employment at such time). 
 3. Vesting. The Restricted Shares
granted hereunder shall vest, and the restrictions imposed pursuant to Section 2 shall lapse, on the earliest to occur of (a), (b), or (c) below, as follows: 

(a) Change in Control. All Restricted Shares shall vest on the date of a Change in Control provided that
the Employee is employed in an Executive Position on the business day immediately preceding the date of the Change in Control. 
 (b) Performance Vesting Date. All or a prorata number of the Restricted Shares shall vest on the Performance Vesting Date provided that, on the Performance Vesting Date, the Employee is employed in
an Executive Position. The number of Restricted Shares, if any, that vest on the Performance Vesting Date, shall be determined using the Performance Calculation as set forth in Section 4. 

(c) Death or Disability. Prior to the Performance Vesting Date, a prorata number of the Restricted Shares shall
vest upon the Employee’s termination of employment due to death or Disability, provided that at the time of death or Disability, Employee was employed in an Executive Position. The number of the Restricted Shares that vest shall be equal the
total number of Restricted Shares awarded hereunder multiplied by a fraction, the numerator of which is the total number of days the Employee was actually employed during the Performance Period and the denominator of which is 1,460 (i.e., the
total number of days in the Performance Period). 

  
 2 

 (d) Other Termination of Employment. If Employee’s employment
with the Company is terminated for any reason other than due to the Employee’s death or Disability before (i) a Change in Control and (ii) the Performance Vesting Date, all unvested Restricted Shares shall be forfeited and returned to
the Company without the payment of any consideration, and Employee shall have no rights with respect to such forfeited Restricted Shares. 

Except as provided in this Section 3, the Restricted Shares shall not vest. Any Restricted Share that has not vested as of the last day in
the Performance Period shall expire and be forfeited. 
 4. Performance Calculation. The number of Restricted Shares that
vest on the Performance Vesting Date under Section 3(b) shall be equal to the product of (i) eight percent (8%), (ii) multiplied by the total number of Restricted Shares, and (iii) multiplied by the sum of (a) through
(d) below: 
 (a) 2012 Performance Year: (POI minus Budget)/divided by Budget. This amount is
converted into a percentage and rounded down to the nearest whole percent. 
 (b) 2013 Performance Year:
(POI minus Budget)/divided by Budget. This amount is converted into a percentage and rounded down to the nearest whole percent. 
 (c) 2014 Performance Year: (POI minus Budget)/divided by Budget. This amount is converted into a percentage and rounded down to the nearest whole percent. 

(d) 2015 Performance Year: (POI minus Budget)/divided by Budget. This amount is converted into a percentage and
rounded down to the nearest whole percent. 
 At its regular meeting in March following the end of each Performance Year, the
Committee shall approve the percentage for the prior Performance Year in writing. For purposes of clarity, and subject to Section 3 hereof, at the end of the Performance Period, the sum of the percentages for the four Performance Years
within the Performance Period (as calculated above) shall equal the “Cumulative Performance Year Percentage.” The number of Restricted Shares, if any, that vest at the end of the Performance Period under Section 3(b) is equal
to the Cumulative Performance Year Percentage multiplied by eight percent (8%), such that 8% of the Restricted Shares shall vest for each 1% that POI exceeds Budget for each Performance Year. For purposes of clarity, the maximum number of Restricted
Shares that can vest hereunder is 100% of the Restricted Shares as specified in Section 1. 
 5. Delivery of
Share Certificates; Compliance with Securities Laws. Upon the vesting of any Restricted Shares hereunder, the Company shall direct its transfer agent to record such shares as unrestricted or to deliver to Employee certificates evidencing such
shares. If certificates are delivered to Employee, such certificates shall not bear the legend referenced in Section 1(b). Nothing herein shall obligate the Company to register the Restricted Shares pursuant to any applicable securities
law or to take any other affirmative action in order to cause the issuance or transfer of the Restricted Shares to comply with any law or regulation of any governmental authority in the United States or any foreign jurisdiction. Employee will enter
into such written representations and agreements as the Company may reasonably request to comply with any securities laws. The Company shall not be required to issue any shares prior to: (a) the obtaining of any approval from any governmental
agency which the Company determines to be necessary or advisable; and (b) the Employee’s payment to the Company of any tax or other withholding owed by Employee as a result of vesting of the Restricted Shares whether in the United States
or any foreign tax jurisdiction. 

  
 3 

	 	6.	Tax or Legal Consequences; Tax Withholding. 

 (a) Employee shall be responsible for his own tax liability that arises as the result of this Agreement. Employee acknowledges and understands that (i) he may make an election under
Section 83(b) of the Code within 30 days after the Grant Date and (ii) the Company provides no legal or tax advice to Employee and advises him to consult with a qualified attorney or tax advisor. 

(b) Employee shall pay to the Company, or make arrangements satisfactory to the Company regarding payment to the Company
of, the aggregate amount of any federal, state, and local taxes, and any other taxes that the Company is required to withhold in connection with the Restricted Shares. The Company shall have the right to deduct any such taxes from any amounts paid
to Employee by the Company or any Subsidiary or to withhold the appropriate number of unrestricted shares upon vesting of the Restricted Shares to satisfy such withholding requirements. 

7. Confidential Information. The purpose of the Plan is to attract, retain and reward employees; to increase employees’ stock
ownership and identification with the Company’s interests; to provide incentive for remaining with and enhancing the value of the Company and its Subsidiaries over the long-term; and to protect the Company’s Confidential Information
(defined below). Following the Grant Date and during Employee’s employment with the Company, the Company agrees to provide Employee with new Confidential Information to which the Employee has not previously had access and of which Employee has
not had previous knowledge. “Confidential Information” includes information about the Company’s business, proprietary, and technical information not known to others that could have economic value to others if improperly
disclosed. Confidential Information thus includes, without limitation, any information the Company discloses to Employee, either directly or indirectly, in writing, orally or by inspection of tangible objects, including without limitation,
information and technical data contained in the Company’s manuals, booklets, publications, materials and equipment of every kind and character, as well as documents, prototypes, samples, prospects, inventions, trade secrets, product ideas,
technical information, know-how, processes, plans (including without limitation, marketing plans and strategies), specifications, designs, methods of operations, techniques, technology, formulas, software, improvements, financial and marketing
information, pricing, premium and quote information, forecasts, research, and the identity of any customers and consultants. In exchange for the grant of Restricted Shares and the Company’s promise under this Agreement to provide Employee with
the Confidential Information, Employee agrees that Employee shall not, either during the period of Employee’s employment with the Company or at any time thereafter, disclose to anyone, including, without limitation, any person, firm,
corporation, or other entity, or publish, or use for any purpose, any Confidential Information, except as properly required in the ordinary course of the Company’s business or as the Company specifically directs and authorizes. 

8. Notices. Every notice or other communication relating to this Agreement shall be in writing, and shall be mailed to or
delivered to the Party for whom it is intended at such address as may from time to time be designated by the Party in a notice mailed or delivered to the other 

  
 4 

 
Party. Unless and until some other address is so designated, all notices or communications by Employee to the Company shall be mailed or delivered to the Company, care of its General Counsel, at
13403 Northwest Freeway, Houston, Texas 77040-6094, and all notices or communications by the Company to Employee shall be mailed or delivered to Employee’s address specified on the signature page to this Agreement. 

9. Amendments and Waivers. Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is
in writing and is signed, in the case of an amendment, by the Company and Employee, or in the case of a waiver, by the Party against whom the waiver is to be effective. No failure or delay by any Party in exercising any right or privilege hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power, or privilege. To the maximum extent permitted by law, (a) no waiver
that may be given by a Party shall be applicable except in the specific instance for which it was given and (b) no notice to or demand on one Party shall be deemed to be a waiver of any obligation of such Party or the right of the Party giving
such notice or demand to take further action without notice or demand. 
 10. No Right to Continued Service. This
Agreement does not confer upon Employee any right to remain in the employ of the Company or any Subsidiary, nor shall it interfere in any way with the right of the Company and its Subsidiaries to terminate or change the conditions of his employment
at any time. 
 11. Dividend and Voting Rights. Subject to the restrictions contained in this Agreement, Employee
shall have the rights of a stockholder with respect to the Restricted Shares, including the right to vote all such Restricted Shares, including the unvested Restricted Shares, and to receive all dividends, paid or delivered
thereon, from and after the date hereof. In the event of forfeiture of the Restricted Shares pursuant to Section 2 or 3, Employee shall have no further rights with respect to such Restricted Shares. The
forfeiture of the Restricted Shares pursuant to Section 2 or 3 hereof shall not create any obligation to repay cash dividends received as to such Restricted Shares, nor shall such forfeiture invalidate any votes given
by Employee with respect to such Restricted Shares prior to forfeiture. 
 12. Successors and Assigns; Binding
Effect. This Agreement, and the rights and obligations of the Parties hereunder, may not be assigned by any Party other than by will or the laws of descent and distribution. All of the terms and provisions of this Agreement shall inure to the
benefit of and be binding upon the Parties and their respective executors, heirs, personal representatives, successors, and permitted assigns. 
 13. Entire Agreement. This Agreement including the Definitions Appendix, together with the Plan and any other written agreement between the Parties specifically incorporated herein by reference,
sets forth the entire understanding of the Parties with respect to the grant of the Restricted Shares to Employee. Any and all previous agreements, promises, representations and understandings between or among the Parties regarding the subject
matter hereof, whether written or oral, are superseded by this Agreement. 
 14. Interpretation. The meaning assigned to
each term defined herein shall be equally applicable to both the singular and the plural forms of such term and vice versa, and words denoting either gender shall include both genders as the context requires. Where a word or

  
 5 

 
phrase is defined herein, each of its other grammatical forms shall have a corresponding meaning. The terms “hereof,” “herein” and “herewith” and words of similar
import shall, unless otherwise stated, be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement. When a reference is made in this Agreement to a Section, such reference is to a Section of this
Agreement unless otherwise specified. The terms “include”, “includes”, and “including” when used in this Agreement shall be deemed to be followed by the words “without limitation”, unless otherwise specified.
A reference to any party to this Agreement or any other agreement or document shall include such party’s predecessors, successors, and permitted assigns. Reference to any law means such law as amended, modified, codified, replaced, or
reenacted, and all rules and regulations promulgated thereunder. All captions contained in this Agreement are for convenience of reference only, do not form a part of this Agreement, and shall not affect in any way the meaning or interpretation of
this Agreement. The Parties have participated jointly in the negotiation and drafting of this Agreement; therefore any rule of construction or interpretation otherwise requiring this Agreement to be construed or interpreted against any party by
virtue of the authorship of this Agreement shall not apply to the construction and interpretation hereof. 
 15. Employee
Acknowledgment. Employee acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions,
(c) he has had ample opportunity to discuss this Agreement with his legal counsel and tax advisors prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party. It is the desire of
the Parties hereto that this Agreement be enforced to the maximum extent permitted by law, and should any provision contained herein be held invalid or otherwise unenforceable by a court of competent jurisdiction, the Parties hereby agree and
confirm that such provision shall be reformed to create a valid and enforceable provision to the maximum extent permitted by law. 
 16. Compliance with Code Section 409A. The Restricted Shares awarded under this Agreement are not intended to be subject to Code Section 409A, including the authoritative guidance issued
thereunder, and shall be interpreted and administered to be exempt from the application of Section 409A. 
 Notwithstanding
any provision of this Agreement to the contrary, if any payment or other benefit provided herein would be subject to additional taxes and interest under Code Section 409A because the timing of such payment is not delayed as provided in
Section 409A for a “specified employee” (within the meaning of Section 409A), then if Employee is a “specified employee,” any such payment that the Employee would otherwise be entitled to receive during the first six
months following his separation from service from the Company shall be accumulated and paid, within ten (10) days after the date that is six months following Employee’s date of separation from service from the Company, or such earlier date
upon which such amount can be paid under Section 409A without being subject to such additional taxes and interest such as, for example, upon Employee’s death. 
 17. Survival of Certain Provisions. Wherever appropriate to the intention of the Parties, the respective rights and obligations of the Parties hereunder shall survive any termination or expiration
of this Agreement. 

  
 6 

 18. Severability. Any provision of this Agreement which is invalid or unenforceable
in any applicable jurisdiction shall be ineffective to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remaining provisions hereof, and any such invalidity or unenforceability in any jurisdiction
shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 19. Governing Law and Venue.
This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas without regard to the conflicts of laws principles thereof. 
 Each Party to this Agreement, by execution hereof (a) hereby irrevocably submits to the exclusive jurisdiction of the United States District Court located in the Southern District of Texas or the
state courts of the State of Texas located in the City of Houston, Harris County, Texas for the purpose of any and all disputes, claims, controversies or disagreements (each a “Legal Action”) between the Parties relating to or
arising in whole or in part under or in connection with this Agreement or the subject matter of this Agreement, (b) hereby waives and agrees not to invoke, by way of motion, as a defense or otherwise, in any such legal action, any claim that
such Party is not subject personally to the jurisdiction of the above-named courts, that such Party’s property is exempt or immune from attachment or execution, that any such legal action brought in one of the above-named courts should be
dismissed on grounds of forum non conveniens or inconvenient forum, or should be transferred or removed to any court other than one of the above-named courts, or should be stayed by reason of the pendency of some other proceeding in any other court
other than one of the above-named courts, or that this Agreement or the subject matter hereof may not be enforced in or by such court, and will not assert that venue should properly lie in any other location, and (c) hereby agrees not to
commence any such Legal Action other than before the above named courts. Notwithstanding the previous sentence, a Party may commence any Legal Action in a court other than the above-named courts solely for the purpose of enforcing an order or
judgment issued by one of the above-named courts. Nothing in this Agreement shall prevent either Party from applying to a court that would otherwise have jurisdiction for provisional or interim measures, including but not limited to any claim for
preliminary injunctive relief. 
 20. Signature in Counterparts. This Agreement may be signed in counterparts, each of
which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. The Parties agree that the delivery of this Agreement may be effected by means of an exchange of facsimile signatures which shall
be deemed original signatures thereof. 
 21. EXPIRATION OF AGREEMENT. IF THIS AGREEMENT IS NOT SIGNED AND RETURNED TO
THE COMPANY WITHIN 30 DAYS AFTER THE GRANT DATE, THIS AGREEMENT AND THE RESTRICTED STOCK AWARD PROVIDED FOR HEREIN SHALL BE NULL AND VOID, IN ITS ENTIRETY, AS OF THE GRANT DATE. 

IN ADDITION, IF THE NEW SERVICE AGREEMENT BETWEEN COMPANY AND EMPLOYEE IS NOT ENTERED INTO AND EXECUTED BY THE PARTIES BEFORE 5 P.M.
(U.S. CENTRAL TIME) ON MARCH 30, 2012, THIS AGREEMENT AND THE RESTRICTED STOCK AWARD PROVIDED FOR HEREIN SHALL BE NULL AND VOID, IN ITS ENTIRETY, AS OF THE GRANT DATE. FOR PURPOSES OF CLARITY, THE SERVICE AGREEMENT MUST BE EXECUTED BY EMPLOYEE AND
DELIVERED TO THE COMPANY BEFORE THE DEADLINE SET OUT IN THE PREVIOUS SENTENCE. 

  
 7 

 [Signature page follows.] 

[SIGNATURE PAGE TO RESTRICTED STOCK AWARD AGREEMENT] 

  
 8 

 DEFINITIONS APPENDIX 

“Acquisition” means any shares in, or assets of, a business acquired by the Company or a Subsidiary via purchase or
exchange, the results of whose performance (i) are included in the International Segment’s Pretax Operating Income for a Performance Year; and (ii) are not included in the Budget for such Performance Year. An Acquisition will be
included in Pretax Operating Income in subsequent Performance Years following closing of the Acquisition. 

“Budget” means the International Segment’s annual budget for Pretax Operating Income which is included in the
Company’s annual consolidated budget and approved by the Company’s Board of Directors for each Performance Year. 

“Committee” means the Committee appointed and serving under the Plan at the time. 

“Disability” means the inability of Employee 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 twelve (12) months. Employee shall be considered to have a Disability for purposes of this
Agreement (i) if he is determined to be totally disabled by the Social Security Administration or (ii) if he is determined to be disabled under the Company’s long-term disability plan in which Employee participates and if such plan
defines “disability” in a manner that is consistent with the immediately preceding sentence. Subject to the foregoing, the determination of Disability shall be made by the Committee. 

“Executive Position” means either (i) Chief Executive Officer (CEO) of HCC International, or (ii) a position
in another subsidiary or segment of HCC that is equivalent to CEO of HCC International, as shall be determined by the Committee in its discretion. 
 “GAAP” means then-current “U.S. generally accepted accounting principles” as promulgated by the Financial Accounting Standards Board or an equivalent group in the United States.

 “Grant Date” means the date on which the Committee determines and approves the amount of Restricted Shares
and the material terms of the Award. 
 “International Segment” means the combined underwriting operations of
HCC International, HC – Houston branch, Syndicate 4141, HCCE and all such operations currently included in the International Segment (as reported in the Company’s consolidated financial statements as of December 31, 2011) or such
operations as are included in the International Segment for each Performance Year. 
 “Parties” means,
collectively, the Company and the Employee; and “Party” means either the Company or the Employee. 

“Performance Calculation” means the calculation of the number of vested Restricted Shares as set forth in
Section 4 of the Agreement. 

  
 A-1

 “Performance Period” means the four (4) calendar years in the
four-year period beginning on January 1, 2012 and ending on December 31, 2015. For purposes of calculations under the Agreement, including the Performance Period, each year shall be treated as having 365 days. 

“Performance Vesting Date” means the last day of the four-year period following the Grant Date. 

“Performance Year” means each calendar year in the Performance Period. 

“Pretax Operating Income” or “POI” means the pretax operating income reported for the International
Segment within the Company’s consolidated financial statements for GAAP purposes; provided, however, POI shall not consider the effect of, or include in determining POI, any Acquisitions that occurred during the Performance Year for which POI
is being calculated. The effect of any Acquisition shall only be included in POI for each subsequent Performance Year during the Performance Period. 

  
 A-2

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