Document:

Momentive Performance Materials Holdings LLC 2011 Equity Incentive Plan

 Exhibit 10.69 
 MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC 
 2011 EQUITY INCENTIVE PLAN

 ARTICLE I 
 PURPOSE OF THE PLAN 
 The purpose of this MOMENTIVE PERFORMANCE MATERIALS
HOLDINGS LLC 2011 EQUITY INCENTIVE PLAN (the “Plan”) is (i) to further the growth and success of Momentive Performance Materials Holdings LLC a Delaware limited liability company (the “Company”), and its
Subsidiaries (as hereinafter defined) by enabling directors and employees of the Company or any of its Subsidiaries to acquire Common Units (as hereinafter defined), thereby increasing their personal interest in such growth and success, and
(ii) to provide a means of rewarding outstanding performance by such persons to the Company and/or its Subsidiaries. Awards granted under the Plan (the “Awards”) shall be nonqualified unit options (referred to herein as
“Options”), rights to purchase Common Units, restricted Common Units (referred to herein as “Restricted Units”), restricted deferred Common Units (referred to herein as “Restricted Deferred Units”)
and other awards settleable in, or based upon, Common Units (“Other Unit-Based Awards”). 
 ARTICLE II

 DEFINITIONS 
 As used in the Plan, the following terms shall have the meanings set forth below: 

“Adoption Agreement” means an agreement between the Company and a holder of Units, pursuant to which such holder agrees
to become a party to the Management Investor Rights Agreement, in the form attached as Exhibit A thereto. 

“Affiliate” means with respect to any Person, any other Person that, directly or indirectly through one or more
intermediaries controls, is controlled by, or is under common control with, such Person and/or one or more Affiliates thereof. As used in this definition and in the definition “Change in Control”, the term “control,” including
the correlative terms “controlling,” “controlled by” and “under common control with,” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies (whether
through the ownership of securities or any partnership or other ownership interests, by contract or otherwise) of a Person. The term “Affiliate” shall not include at any time any portfolio companies of Apollo Management IV, V or VI or any
of their respective Affiliates, other than the Company and its Subsidiaries. 
 “Award” has the meaning set
forth in Article I hereof. 
 “Award Agreement” means any writing setting forth the terms of an Award that has
been duly authorized and approved by the Board or the Committee. 
 “Board” means the Board of Managers of the
Company. 

  
 1 

 “Cause” means, with respect to a Termination of Relationship: (i) if
such Participant is at the time of a Termination of Relationship a party to an Award Agreement which was entered into under this Plan and defines such term, the meaning given in the Award Agreement; (ii) otherwise if such Participant is at the
time of a Termination of Relationship a party to an employment or similar agreement with the Company or any of its Subsidiaries which defines such term, the meaning given in such agreement; and (iii) in all other cases, a Termination of
Relationship by the Company or any of its Subsidiaries based on such Participant’s (A) commission of a crime of moral turpitude or a felony that involves financial misconduct or moral turpitude or has resulted, or reasonably could be
expected to result, in any adverse publicity regarding the Participant or the Company or any of its Subsidiaries or economic injury to the Company or any of its Subsidiaries, (B) dishonesty or willful commission or omission of any action that
has resulted, or reasonably could be expected to result, in any adverse publicity regarding the Participant or the Company or any of its subsidiaries or has caused, or reasonably could be expected to cause, demonstrable and serious economic injury
to the Company or any of its subsidiaries or (C) material breach of the terms of this Plan or any other agreement entered into between the Participant and the Company or any of its Subsidiaries or Affiliates after notice and a reasonable
opportunity to cure (if such breach can be cured). For purposes hereof, no act or omission shall be considered willful unless committed in bad faith or without a reasonable belief that the act or omission was in the best interests of the Company or
any of its Affiliates. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Committee” means the Compensation Committee of the Board or such other committee appointed by the Board to administer
the Plan. 
 “Common Units” means the common units of the Company. 

“Common Unit Value” means (i) if the Common Units (or common share equivalents) are not then registered pursuant to
an effective Registration Statement filed in connection with a Qualified Public Offering, the Fair Market Value of a Common Unit or (ii) if the Common Units (or common share equivalents) are then registered pursuant to an effective Registration
Statement filed in connection with a Qualified Public Offering, the average closing price (at the end of regular trading) of the thirty trading days prior to the relevant date as listed on any national securities exchange or any national market
system (including, but not limited to, the NASDAQ Global Market Reporting System). 
 “Complete Change in
Control” (i) the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (other than the Sponsor, a Sponsor-controlled entity, or an Affiliate of the Company
immediately prior to such acquisition) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 100%, indirectly or directly, of the voting power of the Company (other than any acquisition by any employee
benefit plan (or related trust) sponsored or maintained by the Company or any of its Subsidiaries) or (ii) consummation of an amalgamation, a merger, consolidation, recapitalization or similar business combination transaction of the Company or
any direct or indirect subsidiary thereof with any other entity (other than the Sponsor, a Sponsor-controlled entity, or an Affiliate of the Company immediately prior to such transaction) or a sale or other disposition of all or substantially all of
the assets of the Company to any other person or 

  
 2 

 
entity (other than the Sponsor, a Sponsor-controlled entity, or an Affiliate of the Company immediately prior to such transaction), following which the voting securities of the Company that are
outstanding immediately prior to such transaction cease to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity (or the person or entity that owns substantially all of the Company’s
assets either directly or through one or more subsidiaries) or any parent or other affiliate thereof) 100% of the combined voting power of the securities of the Company or, if the Company is not the surviving entity, such surviving entity (or the
person or entity that owns substantially all of the Company’s assets either directly or through one or more subsidiaries) or any parent or other Affiliate thereof, outstanding immediately after such transaction. 

“Company” has the meaning set forth in Article I hereof. 

“Corporate Transaction” has the meaning set forth in Section 10.1 hereof. 

“Disability” means, with respect to each Participant, unless otherwise set forth in an Award Agreement, such
Participant’s inability to perform the duties and obligations required by the Participant’s employment with or services to the Company or its Subsidiaries by reason of any medically determined physical or mental impairment, as determined
in accordance with the provisions of long term disability coverage under a Company-sponsored medical insurance plan; provided, however, that if the Participant has not elected long term disability coverage under a Company-sponsored
medical insurance plan, then “Disability” shall mean, with respect to such Participant, any medically determined physical or mental impairment (as determined by a physician selected by the Company or its insurers and acceptable to the
Participant or the Participant’s legal representative (such agreement as to acceptability not to be withheld unreasonably)) that prevents the Participant from performing the duties and obligations required by the Participant’s employment
with or services to the Company for more than 180 consecutive days. 
 “Effective Date” means the date the Plan
is adopted by the Board. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Fair Market Value” means the closing price of a Common Unit on any national securities exchange or any national market
system (including, but not limited to, the NASDAQ Global Market Reporting System) on that date, or if no prices are reported on that date, on the last preceding date on which such prices of the Common Units are so reported. If the Common Units are
not then listed on any national securities exchange but is traded over the counter at the time determination of its Fair Market Value is required to be made, its Fair Market Value shall be deemed to be equal to the average between the reported high
and low sales prices of Common Units on the most recent date on which Common Units were publicly traded. If the Common Units are not publicly traded at the time a determination of its Fair Market Value is made, the Board shall reasonably determine
its Fair Market Value in good faith as it deems appropriate (such determination will be made in the manner that satisfies Section 409A of the Code and in good-faith as required by Section 422(c)(1) of the Code, and may be based on the
advice of an independent investment banker or appraiser recognized to be an expert in making such valuations). 

  
 3 

 “Good Reason” means with respect to a Termination of Relationship:
(i) if such Participant is at the time of a Termination of Relationship a party to an Award Agreement which was entered into under this Plan and defines such term, the meaning given in the Award Agreement; (ii) otherwise if such
Participant is at the time of a Termination of Relationship a party to an employment, or similar agreement with the Company or any of its Subsidiaries which defines such term, the meaning given in such agreement or (iii) in all other cases, the
voluntary resignation after any of the following actions are taken by the Company or any of its Subsidiaries without the Participant’s consent: (A) a significant diminution in the responsibilities or authority of the Participant other than
an insubstantial and inadvertent diminution that is remedied by the Company promptly after receipt of written notice thereof sent by the Participant; (B) a significant diminution in the annual base salary and bonus to be paid to the Participant
as in effect on the date of an Award (but not including any diminution related to a broader compensation reduction that is not limited to any particular employee or executive), or (C) relocation of the Participant’s primary work place, as
assigned to him by the Company, beyond a fifty (50) mile radius of the employee’s current location; provided, however, that none of the events described in the foregoing clauses (A), (B), or (C) shall constitute Good
Reason unless the Participant shall have notified the Company in writing describing the events which constitute Good Reason and then only if the Company shall have failed to cure such events within thirty (30) days after the Company’s
receipt of such written notice, and provided, further, that in all events the termination of the Executive’s employment with the Company shall not constitute Good Reason unless the resulting termination occurs not more than one
hundred and twenty (120) days following the initial existence of the condition claimed to constitute grounds for Good Reason. 
 “Management Investor Rights Agreement” means the Management Investor Rights Agreement, by and among the Company and certain of its securityholders, dated as of February 23, 2011, as
it is amended, supplemented, restated or otherwise modified from time to time. 
 “Notice” has the meaning set
forth in Section 5.7 hereof. 
 “Option” has the meaning set forth in Article I hereof. 

“Option Price” has the meaning set forth in Section 5.4 hereof. 

“Option Units” has the meaning set forth in Section 5.7(b) hereof. 

“Participant” has the meaning set forth in Article IV hereof. 

“Person” shall be construed broadly and shall include, without limitation, an individual, a partnership, a corporation,
an association, a joint stock company, a limited liability company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. 

“Plan” has the meaning set forth in Article I hereof. 

“Purchase Price” has the meaning set forth in Section 6.2 hereof. 

“Qualified Public Offering” means an underwritten public offering of Common Units (or common share equivalents) by the
Company pursuant to an effective Registration Statement filed 

  
 4 

 
by the Company with the U.S. Securities and Exchange Commission under the Securities Act, pursuant to which at least 10% of the Common Units (or common share equivalents) are traded on a national
securities exchange, other than (i) a registration relating solely to an employee benefit plan or employee stock plan, a dividend reinvestment plan, or a merger or a consolidation, (ii) a registration incidental to an issuance of
securities under Rule 144A, (iii) a registration on Form S-4 or any successor form, or (iv) a registration on Form S-8 or any successor form. 
 “Realization Event” means the (i) consummation of an amalgamation, a merger, consolidation, recapitalization or similar business combination transaction of the Company or any direct
or indirect subsidiary thereof with any other entity (other than the Sponsor, a Sponsor-controlled entity, or an Affiliate of the Company immediately prior to such transaction), (ii) a sale or other disposition of all or substantially all of
the assets of the Company to any other person or entity (other than the Sponsor, a Sponsor-controlled entity, or an Affiliate of the Company immediately prior to such transaction), or (iii) a Qualified Public Offering or other sale of equity
securities of the Company, following which, in each case, the Sponsor (including a Sponsor-controlled entity, or an Affiliate of the Company) no longer owns 50% or more of the combined voting power of the securities of the Company or, if the Company
is not the surviving entity, such surviving entity (or the person or entity that owns substantially all of the Company’s assets either directly or through one or more subsidiaries) or any parent or other Affiliate thereof, outstanding
immediately after such transaction. 
 “Registration Statement” means a registration statement filed by the
Company with the U.S. Securities and Exchange Commission. 
 “Reserved Units” means, at any time, an aggregate
of 13,900,000 Common Units, as the same may be adjusted at or prior to such time in accordance with Section 10.1. 

“Restricted Units” means an Award granted to a Participant pursuant to Article VII hereof. 

“Restricted Deferred Unit” means an Award granted to a Participant pursuant to Article VIII hereof. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Sponsor” means, collectively, Apollo Management IV, L.P., Apollo Management V, L.P., Apollo Management VI, L.P., and
their Affiliates. 
 “Subsidiary” means any corporation or other entity of which the Company owns securities or
interests having a majority, directly or indirectly, of the ordinary voting power in electing the board of directors, managers, general partners or similar governing Persons thereof. 

“Termination Date” means the tenth anniversary of the Effective Date. 

“Termination of Relationship” means (i) if the Participant is an employee of the Company or any Subsidiary, the
termination of the Participant’s employment with the Company and its Subsidiaries for any reason; or (ii) if the Participant is a director of the Company or any 

  
 5 

 
Subsidiary, the termination of the Participant’s service as a director of the Company or such Subsidiary for any reason; including, in the case of clauses (i) or (ii) as a result
of such Subsidiary no longer being a Subsidiary of the Company because of a sale, divestiture or other disposition of such Subsidiary by the Company (whether such disposition is effected by the Company or another subsidiary thereof). Notwithstanding
the foregoing, a Termination of Relationship shall not be deemed to have occurred if a Participant remains an employee, consultant or director of the Company or any Subsidiary. 

“Unit Award” means an Award of the right to purchase Common Units under Article VI of the Plan. 

“Units” means any and all shares of, interests and participations in, and other equivalents (however designated) of
units of the Company, including without limitation all Common Units. 
 “Vested Options” means Options that
have vested in accordance with the applicable Award Agreement. 
 ARTICLE III 

ADMINISTRATION OF THE PLAN; COMMON UNITS SUBJECT TO THE PLAN 

 

	3.1	Committee. 

 The
Plan shall be administered by the Board or the Committee. The term “Committee” shall, for all purposes of the Plan, be deemed to refer to the Board if the Board is administering the Plan. 

 

	3.2	Procedures. 

 The
Committee shall adopt such rules and regulations as it shall deem appropriate concerning the holding of meetings and the administration of the Plan. The entire Committee shall constitute a quorum and the actions of the entire Committee present at a
meeting, or actions approved in writing by the entire Committee, shall be the actions of the Committee. 
  

	3.3	Interpretation; Powers of Committee. 

 Except as may otherwise be expressly reserved to the Board as provided herein, and with respect to any Award, except as may otherwise be provided in the Award Agreement evidencing such Award or an
employment agreement between the Participant and Company, the Committee shall have all powers with respect to the administration of the Plan, including the authority to: 
 (a) determine eligibility and the particular persons who will receive Awards; 

(b) grant Awards to eligible persons, determine the price and number of securities to be offered or awarded to any of such persons,
determine the other specific terms and conditions of Awards consistent with the express limits of the Plan, establish the installments (if any) in which such Awards will become exercisable or will vest and the respective consequences thereof

  
 6 

 
(or determine that no delayed exercisability or vesting is required), and establish the events of termination or reversion of such Awards; 

(c) approve the forms of Award Agreements, which need not be identical either as to type of Award or among Participants; 

(d) construe and interpret the provisions of the Plan and any Award Agreement or other agreement defining the rights and obligations of
the Company and Participants under the Plan, make factual determinations with respect to the administration of the Plan, further define the terms used in the Plan, and prescribe, amend and rescind rules and regulations relating to the administration
of the Plan; 
 (e) cancel, modify, or waive the Company’s rights with respect to, or modify, discontinue, suspend, or
terminate any or all outstanding Awards held by Participants, subject to any required consent under Article XIII; 
 (f)
accelerate or extend the exercisability or extend the term of any or all outstanding Awards, subject to any consent required under Article XIII; and 
 (g) make all other determinations and take such other action as contemplated by this Plan or as may be necessary or advisable for the administration of this Plan and the effectuation of its purposes.

 All decisions of the Board or the Committee, as the case may be, shall be reasonable and made in good faith and shall be
conclusive and binding on all Participants in the Plan. 
  

	3.4	Compliance with Code Section 162(m). 

 In the event the Company becomes a “publicly-held corporation” as defined in Code §162(m)(2), the Company may establish a committee of outside directors meeting the requirements of Code
§162(m)(2) to (i) approve Awards that might reasonably be anticipated to result in the payment of employee remuneration that would otherwise exceed the limit on employee remuneration deductible for income tax purposes by the Company
pursuant to Code §162(m); and (ii) administer the Plan. In such event, the powers reserved to the Committee in the Plan shall be exercised by such compensation committee. In addition, Awards under the Plan may be granted upon satisfaction
of the conditions to such grants provided pursuant to Code §162(m) and any Treasury Regulations promulgated thereunder. 
  

	3.5	Number of Common Units. 

 Subject to the provisions of Article X (relating to adjustments upon changes in capital structure and other corporate transactions), the aggregate number of Common Units with respect to which Awards may
be granted under the Plan shall not exceed the Reserved Units. Common Units that are subject to or underlie Options granted under the Plan that expire or for any reason are canceled or terminated without having been exercised (or Common Units
subject to or underlying the unexercised portion of any Options, in the case of Options that were partially exercised at the time of their expiration, cancellation or termination), as well as Common Units that are subject to Unit Awards made under
the Plan that are not actually purchased pursuant to 

  
 7 

 
such Unit Awards and Common Units that are subject to Restricted Unit Awards or Restricted Performance Unit Awards that are forfeited, will again, except to the extent prohibited by law or
applicable listing or regulatory requirements, be available for subsequent Award grants under the Plan. 
  

	3.6	Reservation of Common Units. 

 The number of Common Units reserved for issuance with respect to Awards granted under the Plan shall at no time be less than the maximum number of Common Units which may be issued or delivered at any time
pursuant to outstanding Awards. 
 ARTICLE IV 
 ELIGIBILITY 
 Awards may be granted under the Plan only to persons who are
employees or directors of the Company or any of its Subsidiaries on the date of the grant. Each such person to whom an Award is granted under the Plan is referred to herein as a “Participant.” 

ARTICLE V 

UNIT OPTIONS 
  

	5.1	General. 

 Options
may be granted under the Plan at any time and from time to time on or prior to the Termination Date. No Option granted under the Plan shall be an “incentive stock option” within the meaning of Section 422 of the Code. Each Option
shall be evidenced by an Award Agreement incorporating the terms and provisions of the Plan that shall be executed by the Company and the Participant. The Award Agreement shall specify the number of Common Units for which such Option shall be
exercisable, the Option Price (as defined in Section 5.4 below) for such Common Units and the other terms and conditions of the Option. 
  

	5.2	Vesting. 

 The
Committee, in its sole discretion, shall determine and set forth such determination in the Award Agreement whether and to what extent any Options are subject to vesting based upon the Participant’s continued service to, or the
Participant’s performance of duties for, the Company and its Subsidiaries, or upon any other basis. 
  

	5.3	Date of Grant. 

Except as may be otherwise provided in an Award Agreement, the date of grant of an Option under this Plan shall be the date as of which
the Committee approves the grant. 

  
 8 

	5.4	Option Price. 

 The
Option Price shall be determined by the Committee and set forth in the Award Agreement. In no event, however, may the Committee determine an Option Price that is less than the Fair Market Value of the Share on the date of grant. 

 

	5.5	Automatic Termination of Options. 

 Each Option granted under the Plan, to the extent not previously exercised, shall automatically terminate and shall become null and void and be of no further force or effect upon such date or dates as are
set forth in the applicable Award Agreement, consistent with the terms of the Plan. 
  

	5.6	Payment of Option Price. 

 The aggregate Option Price shall be paid in cash (by wire transfer of immediately available funds to a bank account of the Company designated by the Committee or by delivery of a personal or certified
check payable to the Company); provided that the Committee may, in its sole discretion, specify one or more of the following other forms of payment which may be used by a Participant (but only to the extent permitted by applicable law) upon
exercise of his Option: 
 (a) by surrender of Common Units (by delivery of such units or by attestation) with a Fair Market
Value equal to the Option Price which were obtained by the Participant in the public market (but, subject in any case, to the applicable limitations of Rule 16b-3 under the Exchange Act); 

(b) to the extent permitted by applicable law, if the Common Units is a class of securities then listed or admitted to trading on any
national securities exchange or traded on any national market system (including, but not limited to, the NASDAQ Global Market Reporting System), in compliance with any cashless exercise program authorized by the Board or the Committee for use in
connection with the Plan at the time of such exercise (but, subject in any case, to the applicable limitations of Rule 16b-3 under the Exchange Act); or 
 (c) a combination of the methods set forth in this Section 5.6. 
  

	5.7	Notice of Exercise. 

A Participant (or other person, as provided in Section 11.2) may exercise an Option (for the Common Units represented thereby)
granted under the Plan in whole or in part (but for the purchase of a whole number of Common Units only), as provided in the Award Agreement evidencing his Option, by delivering a written notice (the “Notice”) to the Secretary of
the Company. The Notice shall state: 
 (a) that the Participant elects to exercise the Option; 

(b) the number of Common Units with respect to which the Option is being exercised (the “Option Units”); 

  
 9 

 (c) the method of payment for the Option Units (which method must be available to the
Participant under the terms of his Award Agreement); 
 (d) the date upon which the Participant desires to consummate the
purchase of the Option Units (which date must be prior to the termination of such Option); and 
 (e) any additional provisions
consistent with the Plan as the Committee may from time to time require. 
 The exercise date of an Option shall be the date on
which the Company receives the Notice from the Participant, or if the Company does not receive effective payment of the applicable Option Price within 10 days of the Company’s receipt of the Notice, the date such payment is received. Such
Notice shall also contain, to the extent such Participant is not then a party to the Management Investor Rights Agreement (and the Management Investor Rights Agreement has not been terminated prior to such date), an Adoption Agreement, in form and
substance satisfactory to the Board pursuant to which the Participant agrees to become a party to the Management Investor Rights Agreement. 
  

	5.8	Issuance of Evidence of Common Unit Ownership. 

 The Company shall provide written evidence of ownership of Common Units in the name of the Participant (or other person exercising the applicable Option in accordance with the provisions of
Section 11.2), representing the Common Units purchased upon exercise of the Option as soon as practicable after receipt of the Notice and payment of the aggregate Option Price for such Common Units; provided that the Company, in its sole
discretion, may elect to not issue any fractional Common Units upon the exercise of an Option (determining the fractional Common Units after aggregating all Common Units issuable to a single holder as a result of an exercise of an Option for more
than one Common Unit) and, in lieu of issuing such fractional Common Units, shall pay the Participant the Fair Market Value thereof as determined by the Board in good faith. Neither the Participant nor any person exercising an Option in accordance
with the provisions of Section 11.2 shall have any privileges as a unitholder of the Company with respect to any Common Units issuable upon exercise of an Option granted under the Plan until the date of written evidence of ownership
representing such Common Units pursuant to this Section 5.8. 
 ARTICLE VI 

UNIT AWARDS 
  

	6.1	General. 

 Unit
Awards may be granted under the Plan at any time and from time to time on or prior to the Termination Date. Each Unit Award shall be evidenced by an Award Agreement that shall be executed by the Company and the Participant. The Award Agreement shall
specify the terms and conditions of the Unit Award, including without limitation the number of Common Units covered by the Unit Award, the Purchase Price (as defined in Section 6.2 below), if any, for such Common Units and the deadline
for the purchase of such Common Units. 

  
 10 

	6.2	Purchase Price; Payment. 

 The price (the “Purchase Price”), if any, at which each Common Unit covered by the Unit Award may be purchased upon exercise of a Unit Award shall be determined by the Committee and set
forth in the applicable Award Agreement. The Company will not be obligated to issue a writing evidencing Common Units purchased under this Article VI unless and until it receives full payment of the aggregate Purchase Price therefor and all other
conditions to the purchase, as reasonably determined by the Committee, have been satisfied. The Purchase Price of any Common Units subject to a Unit Award must be paid in full at the time of the purchase. 

ARTICLE VII 
 RESTRICTED UNITS 
  

	7.1	General. 

Restricted Units may be awarded either alone or in addition to other Awards granted under the Plan. The Committee shall determine the
employees, or directors to whom and the time or times at which grants of Restricted Units will be awarded, the number of Common Units to be awarded to any Participant, the conditions for vesting, the time or times within which such Awards may be
subject to forfeiture and any other terms and conditions of the Awards, in addition to those contained in Section 7.3. 
 The Committee may, prior to grant, condition the vesting of Restricted Units upon continued service of the Participant, or the Participant’s performance of duties for, the Company and its
Subsidiaries, or upon any other basis. The provisions of Restricted Unit Awards need not be the same with respect to each recipient. 
  

	7.2	Awards and Evidence of Ownership. 

 Common Units that are Restricted Units shall be evidenced in such manner as the Committee may deem appropriate, including book-entry registration or issuance of one or more written notices. Any writing
issued in respect of Units of Restricted Units shall be registered in the name of such Participant and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Award, substantially in the following
form: 
 “The sale or other transfer of the Common Units represented by this certificate, whether voluntary, involuntary, or
by operation of law, is subject to certain restrictions on transfer as set forth in the MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC 2011 Equity Plan, and in an Award Agreement. A copy of the Plan and such Award Agreement may be obtained from
MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC.” 
 The Committee may require that the writing evidencing such Common Units
be held in custody by the Company until the restrictions thereon shall have lapsed and that, as a condition of any Award of Restricted Units, the Participant shall have delivered a unit power, endorsed in blank, relating to the Common Units covered
by such Award. 

  
 11 

	7.3	Terms and Conditions. Restricted Units shall be subject to the following terms and conditions: 

(a) Subject to the provisions of the Plan and the Award Agreement referred to in Section 7.3(d), during the restricted
period, the Participant shall not be permitted to sell, assign, transfer, pledge or otherwise encumber Restricted Units. Within these limits, the Committee may provide for the lapse of restrictions based upon period of service in installments or
otherwise and may accelerate or waive, in whole or in part, restrictions based upon period of service. 
 (b) Except as provided
in this paragraph (b) and paragraph (a), above, and the Award Agreement, the Participant shall have, with respect to Restricted Units, all of the rights of a unitholder of the Company holding the class or series of Common Units that is the
subject of the Restricted Unit Award, including, if applicable, the right to vote the Common Units and the right to receive any cash dividends. Dividends payable in Common Units and other non-cash dividends and distributions and extraordinary cash
dividends shall be held subject to the vesting of the underlying Restricted Units, unless the Committee determines otherwise in the applicable Award Agreement or makes an adjustment or substitution to Restricted Units pursuant to
Section 10.1 in connection with such dividend or distribution. 
 (c) If and when any applicable restriction period
expires without a prior forfeiture of the Restricted Units, a written notice will be delivered to the Participant providing evidence of the Participant’s ownership of the Common Units. 

(d) Each Award of Restricted Units shall be confirmed by, and be subject to, the terms of an Award Agreement. 

ARTICLE VIII 
 RESTRICTED DEFERRED UNITS 
  

	8.1	Nature of Award. 

Restricted Deferred Units are Awards denominated in Common Units that will be settled, subject to the terms and conditions of the
Restricted Deferred Units, either by delivery of Common Units to the Participant or in the Committee’s sole discretion, by the payment of cash based upon the Fair Market Value of a specified number of Common Units. Restricted Deferred Units may
be awarded either alone or in addition to other Awards granted under the Plan. The Committee shall determine the employees and directors to whom and the time or times at which grants of Restricted Deferred Units will be awarded, the number of Common
Units to be awarded to any Participant, the conditions for vesting, the time or times within which such Awards may be subject to forfeiture and any other terms and conditions of the Awards, in addition to those contained in Section 8.2.

  

	8.2	Terms and Conditions. 

 The Committee may, in connection with the grant of Restricted Deferred Units, condition the vesting thereof upon the Participant’s continued service to, or the Participant’s performance

  
 12 

 
of duties for, the Company and its Subsidiaries, or upon any other basis. Each Award of Restricted Deferred Units shall be confirmed by, and be subject to, the terms of an Award Agreement. The
applicable Award Agreement shall specify the consequences for the Restricted Deferred Units of the Participant’s Termination of Relationship. An Award of Restricted Deferred Units shall be settled as and when the Restricted Deferred Units vest
or at a later time specified by the Committee in the Award Agreement, if the Committee so permits. Restricted Deferred Units may not be sold, assigned, transferred, pledged or otherwise encumbered until they are settled, except to the extent
provided in the applicable Award Agreement in the event of the Participant’s death. The Award Agreement for Restricted Deferred Units shall specify whether, to what extent and on what terms and conditions the applicable Participant shall be
entitled to receive current or deferred payments of cash, Common Units or other property corresponding to the dividends payable on the Common Units (subject to Section 21.3 below). 

ARTICLE IX 

OTHER UNIT-BASED AWARDS 
 Other Awards of Common Units and other Awards that are valued in whole or in part by reference to, or are otherwise based upon, Common Units, including (without limitation) dividend equivalents and
convertible debentures, may be granted under the Plan. 
 ARTICLE X 

ADJUSTMENTS 
  

	10.1	Changes in Capital Structure. 

 In the event of an extraordinary unit dividend, unit split, reverse unit split, unit combination, or recapitalization or similar event affecting the capital structure of the Company, an extraordinary cash
dividend, separation, spinoff or a reorganization (including, without limitation, an incorporation of the Company) (each, an “Adjustment Event”), the Committee or the Board shall make such substitutions or adjustments as it deems
appropriate and equitable to: (A) the aggregate number and kind of Common Units or other securities reserved for issuance and delivery under the Plan, (B) the number and kind of Common Units or other securities subject to outstanding
Awards; (C) performance metrics and targets underlying outstanding Awards; and (D) the Option Price of outstanding Options. In the event of a merger, consolidation, acquisition of property or shares or units, share or units rights
offering, liquidation, disaffiliation, or similar event affecting the Company or any of its Subsidiaries (each, a “Corporate Transaction”), the Committee or the Board shall in its discretion make such substitutions or adjustments as
it deems appropriate and equitable to: (A) the aggregate number and kind of Common Units or other securities reserved for issuance and delivery under the Plan, (B) the number and kind of Common Units or other securities subject to
outstanding Awards; (C) performance metrics and targets underlying outstanding Awards; and (D) the Option Price of outstanding Options. In the case of Corporate Transactions, such adjustments may include, without limitation, (1) the
cancellation of outstanding Awards and the conversion of vested Awards into the right to receive payments of cash, property or a combination thereof having an aggregate value equal to the value of such Awards, as determined by the Committee or the
Board 

  
 13 

 
in its sole discretion (it being understood that in the case of a Corporate Transaction with respect to which shareholders of Common Units receive consideration other than publicly traded equity
securities of the ultimate surviving entity, any such determination by the Committee that the value of Vested Option shall for this purpose be deemed to equal the excess, if any, of the value of the consideration being paid for each Common Unit
pursuant to such Corporate Transaction over the Option Price of such Option shall conclusively be deemed valid); and (2) the substitution of other property (including, without limitation, cash or other securities of the Company and securities
of entities other than the Company) for the Common Units subject to outstanding Awards. 
  

	10.2	Special Rules. 

The following rules shall apply in connection with Section 10.1 above: 

(a) No adjustment shall be made for cash dividends (except as described in Section 10.1) or the issuance to unitholders of
rights to subscribe for additional Units or other securities (except in connection with a Corporate Transaction); and 
 (b) Any
adjustments referred to in Section 10.1 shall be made by the Committee or the Board in its discretion and shall, absent manifest error, be conclusive and binding on all Persons holding any Awards granted under the Plan. 

 

	10.3	Right to Include Options upon a Realization Event. 

 Upon a Realization Event, the Company may, but is not obligated to, purchase each outstanding Vested Option and unvested Option for a per share amount equal to (i) the amount per share received in
respect of the Common Units sold in such transaction constituting the Realization Event, less (ii) the Option Price thereof. In the event the amount in (i) would not exceed the amount in (ii), Options may be cancelled for no payment. The
provisions of this paragraph shall not be construed, however, to limit or reduce any rights of the Company or the Participant under the Management Investor Rights Agreement. 
 ARTICLE XI 
 RESTRICTIONS ON AWARDS 

 

	11.1	Compliance With Securities Laws. 

 No Awards shall be granted under the Plan, and no Common Units shall be issued and delivered pursuant to Awards granted under the Plan, unless and until the Company and/or the Participant shall have
complied with all applicable Federal, state or foreign registration, listing and/or qualification requirements and all other requirements of law or of any regulatory agencies having jurisdiction. 

The Committee in its discretion may, as a condition to the delivery of any Common Units pursuant to any Award granted under the Plan,
require the applicable Participant (i) to represent in writing that the Common Units received pursuant to such Award are being acquired for investment and not with a view to distribution and (ii) to make such other representations and

  
 14 

 
warranties as are deemed reasonably appropriate by the Committee. Written evidence representing Common Units acquired under the Plan that have not been registered under the Securities Act shall,
if required by the Committee, bear such legends as may be required by the Management Investor Rights Agreement and the applicable Award Agreement. 
  

	11.2	Nonassignability of Awards. 

 No Award granted under this Plan shall be assignable or otherwise transferable by the Participant, except by designation of a beneficiary, by will or by the laws of descent and distribution. An Award may
be exercised during the lifetime of the Participant only by the Participant, unless the Participant becomes subject to a Disability. If a Participant dies or becomes subject to a Disability, his Options shall thereafter be exercisable, during the
period specified in the applicable Award Agreement (as the case may be), by his designated beneficiary or if no beneficiary has been designated in writing, by his executors or administrators to the full extent (but only to such extent) to which such
Options were exercisable by the Participant at the time of (and after giving effect to any vesting that may occur in connection with) his death or Disability. 
 Before granting any Awards or issuing any Common Units under the Plan to any person who is not already a party to the Management Investor Rights Agreement, the Company shall obtain an executed Adoption
Agreement from such person (provided that the Management Investor Rights Agreement has not been terminated prior to such date). 
  

	11.3	No Right to an Award or Grant. 

 Neither the adoption of the Plan nor any action of the Board or the Committee shall be deemed to give an employee, director or consultant any right to be granted an Option to purchase Common Units,
receive an Award under the Plan except as may be evidenced by an Award Agreement duly executed on behalf of the Company, and then only to the extent of and on the terms and conditions expressly set forth in the Award Agreement. The Plan will be
unfunded. The Company will not be required to establish any special or separate fund or to make any other segregation of funds or assets to assure the payment of any Award. 

 

	11.4	No Evidence of Employment or Service. 

 Nothing contained in the Plan or in any Award Agreement shall confer upon any Participant any right with respect to the continuation of his employment by or service with the Company or any of its
Subsidiaries or interfere in any way with the right of the Company or any such Subsidiary, in its sole discretion (subject to the terms of any separate agreement to the contrary), at any time to terminate such employment or service or to increase or
decrease the compensation of the Participant from the rate in existence at the time of the grant of an Award. 
  

	11.5	No Restriction of Corporate Action. 

 Nothing contained in the Plan or in any Award Agreement will be construed to prevent the Company or any Subsidiary or Affiliate of the Company from taking any corporate action which is deemed by the
Company or by its Subsidiaries and Affiliates to be appropriate or in its best interest, whether such action would have an adverse effect on the Plan or any Award made 

  
 15 

 
under the Plan. No Participant or beneficiary of a Participant will have any claim against the Company or any Affiliate as a result of any corporate action. 

ARTICLE XII 
 TERM AND TERMINATION OF THE PLAN 
 This Plan shall become effective on the
Effective Date and shall terminate on the Termination Date. No Awards may be granted after the Termination Date. The Plan may be terminated prior to the Termination Date (and, accordingly, the Termination Date will be amended) by the Board or by the
Committee with prior approval of the Board. Any Award outstanding as of the Termination Date shall remain in effect and the terms of the Plan will apply until such Award terminates as provided in the Plan or the applicable Award Agreement.

 ARTICLE XIII 
 AMENDMENT OF PLAN 
 The Plan may be modified or amended in any respect, and
at any time or from time to time, by the Board or by the Committee with the prior approval of the Board. Notwithstanding the foregoing, the Plan may not be modified or amended as it pertains to any existing Award Agreement without the consent of an
applicable Participant where such modification or amendment would materially impair the rights of such Participant. In addition, no such amendment shall be made without the approval of the Company’s unitholders to the extent such approval is
required by applicable law or regulation or the listing standards of the securities exchange, which is, at the applicable time, the principal market for the Common Units. 
 ARTICLE XIV 
 CAPTIONS 

The use of captions in the Plan is for convenience. The captions are not intended to provide substantive rights. 

ARTICLE XV 

WITHHOLDING TAXES 
 Upon any exercise or payment of any Award, the Company shall have the right at its option and in its sole discretion to (i) require the Participant to pay or provide for payment of the amount of any
taxes which the Company or any Subsidiary may be required to withhold with respect to such exercise or payment; (ii) deduct from any amount payable to the Participant in cash or securities in respect of the Award the amount of any taxes which
the Company may be required to withhold with respect to such exercise or payment; or (iii) reduce the number of Common Units to be delivered to the Participant in connection with such exercise or payment by the appropriate number of Common
Units, valued at their then Fair Market Value, to satisfy the minimum withholding obligation. In no event will the value of Common Units withheld under clause (iii) above exceed the minimum amount of required withholding under applicable law.

  
 16 

 ARTICLE XVI 
 SECTION 83(b) ELECTION 
 To the extent permitted by the Board or Committee,
each Participant of a Unit Award or Restricted Unit Award may, but is not obligated to, make an election under Section 83(b) of the Code to be taxed currently with respect to any Award issued under Article VI of this Plan. The election
permitted under this Article XVI shall comply in all respects with and shall be made within the period of time prescribed under Section 83(b) of the Code. Each Participant shall prepare such forms as are required to make an election under
Section 83(b) of the Code. The Company shall have no liability to any grantee who fails to make a permitted Section 83(b) election in a timely manner. 
 ARTICLE XVII 
 CODE SECTION 409A COMPLIANCE 

If any distribution or settlement of an Award pursuant to the terms of this Plan or an Award Agreement would subject a Participant to tax
under Section 409A of the Code, the Company shall modify the Plan or applicable Award Agreement in the least restrictive manner necessary in order to comply with the provisions of Section 409A, other applicable provision(s) of the Code
and/or any rules, regulations or other regulatory guidance issued under such statutory provisions and, in each case, without any material diminution in the value of the payments to an affected Participant. 

ARTICLE XVIII 
 SECTION 16 COMPLIANCE 
 In the event that the Company becomes subject to
Section 16 of the Exchange Act, it is intended that the Plan and any Award made to a Participant subject to Section 16 of the Exchange Act will meet all of the requirements of Rule 16b-3. Accordingly, unless otherwise provided by the
Committee, if any provisions of the Plan or any Award would disqualify the Plan or the Award, or would otherwise not comply with Rule 16b-3, such provision or Award will be construed or deemed amended to conform to Rule 16b-3. 

ARTICLE XIX 
 OTHER PROVISIONS 
 Each Award granted under the Plan may contain such other
terms and conditions not inconsistent with the Plan as may be determined by the Committee, in its sole discretion. 

  
 17 

 ARTICLE XX 
 NUMBER AND GENDER 
 With respect to words used in the Plan, the singular
form shall include the plural form, the masculine gender shall include the feminine gender, and vice versa, as the context requires. 
 ARTICLE XXI 
 MISCELLANEOUS 

 

	21.1	Subsidiary Employees. 

 In the case of a grant of an Award to an employee of any Subsidiary of the Company, the Company may, if the Committee so directs, issue or transfer Common Units, if any, covered by the Award to the
Subsidiary, for such lawful consideration as the Committee may specify, upon the condition or understanding that the Subsidiary will transfer Common Units to the employee in accordance with the terms of the Award specified by the Committee pursuant
to the provisions of the Plan. All Common Units underlying Awards that are forfeited or canceled should revert to the Company. 
  

	21.2	Foreign Employees and Foreign Law Considerations. 

 The Committee may grant Awards to individuals who are eligible to participate in the plan who are foreign nationals, who are located outside the United States or who are not compensated from a payroll
maintained in the United States, or who are otherwise subject to (or could cause the Company to be subject to) legal or regulatory provisions of countries or jurisdictions outside the United States, on such terms and conditions different from those
specified in the Plan as may, in the judgment of the Committee, be necessary or desirable to foster and promote achievement of the purposes of the Plan, and, in furtherance of such purposes, the Committee may make such modifications, amendments,
procedures, or subplans as may be necessary or advisable to comply with such legal or regulatory provisions. 
  

	21.3	Limitation on Dividend Reinvestment and Dividend Equivalents. 

 Reinvestment of dividends in additional Restricted Units at the time of any dividend payment, and the payment of Common Units with respect to dividends to Participants holding Awards of Restricted
Deferred Units, shall only be permissible if sufficient Common Units are available under Section 3.5 for such reinvestment (taking into account then outstanding Options and other Awards). 

ARTICLE XXII 
 GOVERNING LAW 
 All questions concerning the construction, interpretation
and validity of the Plan and the instruments evidencing the Awards granted hereunder shall be governed by and construed and enforced in accordance with the domestic laws of the State of Delaware, without giving effect to

  
 18 

 
any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State
of Delaware. In furtherance of the foregoing, the internal law of the State of Delaware will control the interpretation and construction of this Plan, even if under such jurisdiction’s choice of law or conflict of law analysis, the substantive
law of some other jurisdiction would ordinarily apply. 
 * * * * * * 

As adopted by the Board of Managers of MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC on February 23, 2011. 

  
 19Form of Restricted Deferred Unit Award Agreement

 Exhibit 10.70 
 RESTRICTED DEFERRED UNIT AWARD AGREEMENT 
 OF 

MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC 
 THIS AGREEMENT (the “Agreement”) is dated as of February 23, 2011 between MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC, a Delaware limited liability company (the
“Company”), and the Participant set forth on the signature page to this Agreement (the “Participant”). 
 WHEREAS, the Company, acting through the Committee with the consent of the Company’s Board of Managers (the “Board”) has agreed to grant to the Participant, effective on
February 23, 2011 (the “Grant Date”), a Restricted Deferred Unit Award pursuant to the Momentive Performance Materials Holdings LLC 2011 Equity Incentive Plan (the “Plan”) on the terms and subject to the
conditions set forth in this Agreement and the Plan; and 
 WHEREAS, securities of the Company that may be acquired
pursuant to this Agreement by the Participant shall be subject to the terms of the Management Investor Rights Agreement. 

NOW, THEREFORE, in consideration of the promises and of the mutual agreements contained in this Agreement, the parties hereto
hereby agree as follows: 
 Section 1. The Plan. 

The terms and provisions of the Plan are hereby incorporated into this Agreement as if set forth herein in their entirety. In the event
of a conflict between any provision of this Agreement and the Plan, the provisions of this Agreement shall control. A copy of the Plan may be obtained from the Company by the Participant upon request. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings ascribed thereto in the Plan or the Management Investor Rights Agreement, as the case may be. 
 Section 2. Grant. 
 Effective on the Grant Date, on the terms and subject
to the conditions of the Plan and this Agreement, the Company hereby grants to the Participant a number of restricted deferred units (the “Deferred Units”) divided into three tranches, Tranche A restricted deferred units
(“Tranche A Deferred Units”), Tranche B restricted deferred units (“Tranche B Deferred Units”) and Tranche C restricted deferred units (“Tranche C Deferred Units”) in the amounts set forth the
signature page hereto. As used herein, the term “deferred unit” shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding Common Unit (subject to adjustment as provided in
Section 10.1 of the Plan) solely for purposes of the Plan and this Agreement. The Deferred Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Deferred Units vest pursuant
to Section 4. The Deferred Units shall not be treated as property or as a trust fund of any kind. 

  
 1 

 Section 3. Dividend and Voting Rights. 

(a) Limitations on Rights Associated with Deferred Units. The Participant shall have no rights as a unitholder of
the Company, no dividend rights (except as expressly provided in Section 3(b) with respect to Dividend Equivalent Rights) and no voting rights, with respect to the Deferred Units and any units of Common Units underlying or issuable in
respect of such Deferred Units until such Common Units are actually issued to and held of record by the Participant. No adjustments will be made for dividends or other rights of a holder for which the record date is prior to the date of issuance of
such units. 
 (b) Dividend Equivalent Rights Distributions. As of any date that the Company pays an
ordinary cash dividend on its Common Units, the Company shall credit the Participant with an additional number of Deferred Units equal to (i) the per Common Unit cash dividend paid by the Company on its Common Units on such date, multiplied by
(ii) the total number of Deferred Units (including any dividend equivalents previously credited hereunder) (with such total number adjusted pursuant to Section 10.1 of the Plan) subject to the Award as of the related dividend payment
record date, divided by (iii) the Fair Market Value of a Common Unit on the date of payment of such dividend, rounded down to the nearest whole number. Any Deferred Units credited pursuant to the foregoing provisions of this
Section 3(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Deferred Units to which they relate. No crediting of Deferred Units shall be made pursuant to this
Section 3(b) with respect to any Deferred Units which, as of such record date, have either been paid pursuant to Section 6 or terminated pursuant to Section 7. 

Section 4. Vesting. 
 Subject to the Participant’s not having a Termination of Relationship prior to the applicable vesting date, the Deferred Units shall vest and become nonforfeitable (any Deferred Units that shall have
become non-forfeitable pursuant to this Section 4, the “Vested Units”) as follows: 

(a) Tranche A Deferred Units. Twenty-five percent (25%) of the Tranche A Deferred Units shall become Vested
Units on each of December 31, 2011, December 31, 2012, December 31, 2013 and December 31, 2014 (any such Tranche A Deferred Units that become Vested Units pursuant to this sentence, the “Time Vested Tranche A
Deferred Units”). Upon a Complete Change in Control (other than in connection with a Qualified Public Offering), (provided, however, that the Complete Change in Control shall not have been deemed to occur unless such change in control
qualifies as a “change in the ownership,” a “change on the effective control” or a “change in the ownership of a substantial portion of the assets” of the Company, in each case as determined in accordance with
Section 409A of the Code and the regulations thereunder) (such date, the “Tranche A Acceleration Date”), 100% of the Tranche A Deferred Units which have not theretofore become Vested Units and which are scheduled to vest on
each of the remaining vesting dates set forth in the previous sentence will vest on the date that is six (6) months following the Tranche A Acceleration Date, provided that the Participant remains in continuous employment with or service to the
Company or a Subsidiary for the six (6) month period following such Tranche A Acceleration Date; provided, however, that in the event 

  
 2 

 
that the Participant has a Termination of Relationship during the period of time following the Tranche A Acceleration Date and prior to the six (6) month anniversary of the Tranche A
Acceleration Date, as a result of his or her death, Disability, termination of employment or services by the Company or a Subsidiary without Cause or resignation from employment or services with Good Reason, 100% of the Tranche A Deferred Units
shall vest on the date of such Termination of Relationship. 
 (b) Tranche B Deferred Units. All of the
Tranche B Deferred Units shall become Vested Units on the earliest to occur of (i) the two (2) year anniversary of the date that upon or following a Realization Event, Common Unit Value is equal to or exceeds $10 (the “Tranche B
Target”) (such date, the “Two Year Trigger Date”) and (ii) the six (6) month anniversary of the date upon which or following a Complete Change in Control in which the Tranche B Target is met (such date, the
“Six Month Trigger Date”), in each case subject to the Participant’s continuous employment with or service to the Company or a Subsidiary from the Two Year Trigger Date or the Six Month Trigger Date, as applicable, through the
applicable anniversary date; provided, however, that in the event that the Participant has a Termination of Relationship during the period of time following the Two Year Trigger Date or the Six Month Trigger Date, as applicable, and
prior to the applicable anniversary date upon which the Tranche B Deferred Units vest, as a result of his or her death, Disability, termination of employment or services by the Company or a Subsidiary without Cause or resignation from employment or
services with Good Reason, 100% of the Tranche B Deferred Units shall vest on the date of such Termination of Relationship. 
 (c) Tranche C Deferred Units. All of the Tranche C Deferred Units shall become Vested Units on the earliest to occur of (i) the one (1) year anniversary of the date that upon or following
a Realization Event, Common Unit Value is equal to or exceeds $15 (the “Tranche C Target”) (such date, the “One Year Trigger Date”) and (ii) the six (6) month anniversary of the date upon which or
following a Complete Change in Control in which the Tranche C Target is met (such date, the “Tranche C Six Month Trigger Date”), in each case subject to the Participant’s continuous employment with or service to the Company or
a Subsidiary from the One Year Trigger Date or the Tranche C Six Month Trigger Date, as applicable, through the applicable anniversary date; provided, however, that in the event that the Participant has a Termination of Relationship
during the period of time following the One Year Trigger Date or the Tranche C Six Month Trigger Date, as applicable, and prior to the applicable anniversary date upon which the Tranche C Deferred Units vest, as a result of his or her death,
Disability, termination of employment or services by the Company or a Subsidiary without Cause or resignation from employment or services with Good Reason, 100% of the Tranche C Deferred Units shall vest on the date of such Termination of
Relationship. 
 All decisions by the Committee with respect to any calculations pursuant to this Section 4 (absent
manifest error), including the Committee’s determination of whether and the date on which a Realization Event, Complete Change in Control, Tranche A Acceleration Date, Two Year Trigger Date, Six Month Trigger Date, One Year Trigger Date or
Tranche C Six Month Trigger Date occurs and whether the Tranche B and the Tranche C Target has been met or exceeded the applicable target set forth above, shall be final and binding on the Participant. 

  
 3 

 The vesting schedule requires continued employment or service through the applicable vesting
date as a condition to the vesting of the Deferred Units and the rights and benefits under this Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any
proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 7 below or under the Plan. 

Section 5. Restrictions on Transfer. 
 Neither the Deferred Units, nor any interest therein or amount or units payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either
voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Company, or (b) transfers by will or the laws of descent and distribution. 

Section 6. Timing and Manner of Payment of Deferred Units. 

(a) Number of Common Units Deliverable; Value of Cash Payable in Settlement of Vested Deferred Units. With respect
to Tranche A Deferred Units that become Vested Units, the Company shall deliver to the Participant a number of Common Units (entering such units in book entry form) (or, as expressly provided herein, cash payment in settlement thereof) equal to
(i) with respect to the Time Vested Tranche A Deferred Units, the number of such Time Vested Tranche A Deferred Units that become Vested Deferred Units on the applicable vesting date and (ii) with respect to (x)Tranche A Deferred Units
that become Vested Units in connection with or following a Tranche A Acceleration Date, (y) Tranche B Deferred Units that become Vested Units and (z) Tranche C Deferred Units that become Vested Units (the Vested Units referred to in
clauses (x), (y) and (z), the “Transaction Vested Units”), the number of Common Units deliverable or value of cash in settlement thereof shall be determined as follows: 

(A) if the Company’s equityholders receive only cash (or cash equivalents) in connection with the Complete Change in
Control or Realization Event (other than in connection with a Qualified Public Offering), as applicable, an amount of cash equal to the Locked Amount, 
 (B) if the Company’s equityholders receive only securities in connection with the Complete Change in Control or Realization Event, as applicable, or the Realization Event is as a result of a
Qualified Public Offering, the number of such Tranche A Deferred Units, Tranche B Deferred Units or Tranche C Deferred Units that become Transaction Vested Units, and 

(C) if the Company’s equityholders receive a combination of securities and cash (or cash equivalents) in a
Realization Event (other than in connection with a Qualified Public Offering) or Complete Change in Control, the Participant shall receive the Locked Unit Amount as determined in clause (x) and the number of Common Units as determined in clause
(y) in a proportion pro-rata with the proportion of cash (and cash equivalents) and securities received by the Company’s equityholders in such Realization Event or Complete Change in Control, as the case may be. 

  
 4 

 (b) Timing of Common Units Deliverable or Cash Payment in Settlement of
Vested Deferred Units. 
 (i) With respect to Tranche A Deferred Units that are Time Vested Tranche A
Deferred Units that vest on December 31, 2011 and December 31, 2012, the Company shall deliver to the Participant a number of Common Units (entering such units in book entry form) equal to the number of Tranche A Deferred Units subject to
the Award that vest on the applicable vesting date as soon as practicable on or following January 1, 2013, and in any event within 60 days of January 1, 2013. 

(ii) With respect to Tranche A Deferred Units that are Time Vested Tranche A Deferred Units that vest on December 31,
2013 and December 31, 2014, the Company shall deliver to the Participant a number of Common Units (entering such units in book entry form) equal to the number of Tranche A Deferred Units subject to the Award that vest on the applicable vesting
date as soon as practicable on or following January 1, 2015, and in any event within 60 days of January 1, 2015. 
 (iii) With respect to Transaction Vested Units, the Company shall deliver to the Participant a number of Common Units (entering such units in book entry form) or amount of cash determined in accordance
with Section 6(a) within 10 days of the date that such Deferred Units become Transaction Vested Units. 
 (c) Locked Amount Definition. For purposes of this Agreement, the “Locked Amount” shall mean an amount in cash equal to the Common Unit Value as determined on the date of the
Complete Change in Control or Realization Date (other than a Qualified Public Offering) which triggered the vesting of the relevant Deferred Units multiplied by the number of Transaction Vested Units subject to payment, rounded down to the nearest
whole number. 
 (d) Condition Precedent to Delivery of Common Units. The Company’s obligation to
deliver Common Units or otherwise make payment with respect to Vested Units is subject to the condition precedent that the Participant or other person entitled under the Plan to receive any Common Units with respect to the Vested Units deliver to
the Company an executed Adoption Agreement agreeing to become bound to the terms of the Management Investor Rights Agreement within 15 days of the date on which the Deferred Units become Vested Units. The Participant shall have no further rights
with respect to any Vested Units that are paid or that terminate pursuant to Section 4 or Section 7. 
 (e) Committee Decisions Final and Binding. All decisions by the Committee with respect to any calculations pursuant to this Section 6 (absent manifest error) shall be final and binding
on the Participant. 
 Section 7. Effect of Termination of Employment. 

A Participant’s Deferred Units shall terminate to the extent such units have not become vested prior to or in connection with
Termination of Relationship (after giving effect to any vesting in connection with such Termination of Relationship). If any Deferred Units are terminated hereunder, such Deferred Units shall automatically terminate and be cancelled as of

  
 5 

 
the applicable termination date without payment of any consideration by the Company and without any other action by the Participant, or the Participant’s beneficiary or personal
representative, as the case may be. 
 Section 8. Participant’s Employment. 

Nothing in this Agreement shall confer upon the Participant any right to continue in the employ of the Company or any of its Subsidiaries
or interfere in any way with the right of the Company or its Subsidiaries, as the case may be, in its sole discretion, to terminate the Participant’s employment or to increase or decrease the Participant’s compensation at any time.

 Section 9. Securities Law Representations. 
 The Participant hereby represents and warrants to the Company as set forth on Attachment A hereto. 
 Section 10. Notices. 
 All notices, claims, certifications, requests,
demands and other communications hereunder shall be in writing and shall be deemed to have been duly given and delivered if personally delivered or if sent by nationally-recognized overnight courier, by telecopy, or by registered or certified mail,
return receipt requested and postage prepaid, addressed as follows: 
 Momentive Performance Materials Holdings LLC 

180 E. Broad St. 

Columbus, OH 43215 
 Attention: General Counsel 
 with a copy (which shall not constitute notice) to:

 Apollo Management, L.P. 
 9 West 57th Street 
 43rd Floor 

New York, New York 10019 
 Facsimile: (212) 515-3267 
 Attention:  Jordan Zaken 

                   David Sambur 

and 

O’Melveny & Myers LLP 
 7 Times Square 
 New York, New York 10036 

Facsimile: (212) 326-2061 
 Attention:  John Scott, Esq. 

                   Jeff Walbridge, Esq.

  
 6 

 If to the Participant, to him at the address set forth on the signature page hereto or at his electronic
mail address at the Company; or to such other address as the party to whom notice is to be given may have furnished to the other party in writing in accordance herewith. Any such notice or other communication shall be deemed to have been received
(a) in the case of personal delivery, on the date of such delivery (or if such date is not a business day, on the next business day after the date of delivery), (b) in the case of nationally-recognized overnight courier, on the next
business day after the date sent, (c) in the case of telecopy transmission, when received (or if not sent on a business day, on the next business day after the date sent), (d) in the case of mailing, on the third business day following
that on which the piece of mail containing such communication is posted and (e) in the case of email, on the date of delivery. 
 Section 11. Waiver of Breach. 
 The waiver by either party of a breach of
any provision of this Agreement must be in writing and shall not operate or be construed as a waiver of any other or subsequent breach. 
 Section 12. Participant’s Undertaking. 
 The Participant hereby agrees
to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the
Participant pursuant to the express provisions of this Agreement and the Plan; provided, however, that such additional actions and documents are consistent with the terms of this Agreement. 

Section 13. Modification of Rights. 
 The rights of the Participant are subject to modification and termination in certain events as provided in this Agreement and the Plan (with respect to the Deferred Units granted hereby). Notwithstanding
the foregoing, the Participant’s rights under this Agreement and the Plan may not be materially impaired without the Participant’s prior written consent. 
 Section 14. Governing Law. 
 THIS AGREEMENT WILL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER
THAN THE STATE OF DELAWARE TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF DELAWARE WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS AGREEMENT, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW OR CONFLICT
OF LAW ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY. 
 Section 15. Restrictive
Covenants. 

  
 7 

 The grant and vesting of Deferred Units pursuant to this Agreement shall be subject to the
Participant’s continued compliance with the restrictive covenants in Section 6 of the Management Investor Rights Agreement. 
 Section 16. Withholding. 
 (a) Delivery of Common Units. Subject to
Article XV of the Plan, upon any delivery of Common Units in respect of the Deferred Units, the Company shall reduce the number of Common Units to be delivered to the Participant in connection with such payment by the appropriate number of Common
Units, valued at their then Fair Market Value, to satisfy the minimum withholding obligation; provided, however, that, in the event that the Participant provides written notification to the Company in accordance with
Section 10 hereof, no later than 10 days prior to the Common Unit delivery date, he or she may satisfy the minimum withholding obligation by payment to the Company or a Subsidiary in either cash or electronic funds transfer the amount of
any taxes which the Company or a Subsidiary may be required to withhold with respect to such delivery. Notwithstanding the foregoing, in the event that Committee determines in its sole direction that it may not reduce the number of Common Units to
be delivered to the Participant in connection with such payment (by the appropriate number of Common Units valued at their then Fair Market Value) to satisfy the minimum withholding obligation, as a result of a restriction pursuant to any applicable
financing agreement, other contractual obligation to which the Company or any Subsidiary is party, or the requirements of applicable law, the Company shall have the right at its option to (i) require the Participant to pay or provide for
payment of the amount of any taxes which the Company or any Subsidiary may be required to withhold with respect to such delivery; or (ii) deduct from any amount payable to the Participant the amount of any taxes which the Company may be
required to withhold with respect to such delivery. 
 (b) Payment of Cash. Notwithstanding anything else herein to the
contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any cash amounts otherwise due or payable under or pursuant to this Agreement such federal, state and local income, employment, or other taxes as may be
required to be withheld pursuant to any applicable law or regulation. 
 Section 17. Adjustment. 

Upon the occurrence of certain events relating to the Company’s units contemplated by Section 10.1 of the Plan (including,
without limitation, an extraordinary cash dividend on such units), the Committee shall make adjustments in accordance with such section in the number of Deferred Units then outstanding and the number and kind of securities that may be issued in
respect of the Award. No such adjustment shall be made with respect to any ordinary cash dividend for which dividend equivalents are credited pursuant to Section 3(b). 

  
 8 

 Section 18. Counterparts. 

This Agreement may be executed in one or more counterparts, and each such counterpart shall be deemed to be an original, but all such
counterparts together shall constitute but one agreement. 
 Section 19. Entire Agreement. 

This Agreement and the Plan (and the other writings referred to herein) constitute the entire agreement between the parties with respect
to the subject matter hereof and thereof and supersede all prior written or oral negotiations, commitments, representations and agreements with respect thereto. Without limiting the generality of the previous sentence, the Participant specifically
agrees and acknowledges that any right that he may have to require the Company to purchase Common Units delivered in respect of the Deferred Units or otherwise put all or any portion of the Common Units so delivered to the Company is not applicable
to this Award. 
 Section 20. Severability. 
 It is the desire and intent of the parties hereto that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in
which enforcement is sought. Accordingly, if any particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction,
shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly
drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of
such provision in any other jurisdiction. 
 Section 21. Waiver of Jury Trial. 

Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, trial by
jury in any suit, action or proceeding arising hereunder. 
 Section 22. Limitation on Participant’s Rights.

 Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a
contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a
general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Deferred Units, and rights no greater than the right to receive the Common Units as a general unsecured creditor with
respect to Deferred Units, as and when payable hereunder. 

  
 9 

 Section 23. Construction. 

It is intended that any amounts payable under this Agreement and the Company’s and the Participant’s exercise of authority or
discretion hereunder shall comply with and avoid the imputation of any tax, penalty or interest under Section 409A of the Code. This Agreement shall be construed and interpreted consistent with that intent. 

Section 24. Country-Specific Modifications. 
 The foregoing provisions of this Agreement shall be modified and/or supplemented as applied to Participants resident in certain countries as set forth on Attachment B. 

[Signature Page Follows] 

  
 10 

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

			
	THE COMPANY:
	
	MOMENTIVE PERFORMANCE MATERIALS HOLDINGS LLC
		
	By:	 	 
		 	Name:
		 	Title:
	
	THE PARTICIPANT:
	
	See attached signature page

  
 11 

 
			
	PARTICIPANT
	
	 
	Name:
	
	Last address on the records of the Company:

  

					
	Number of Common Units	  		  	
	subject to Tranche A Deferred Units:	  	[            ]	  	
			
	Number of Common Units	  		  	
	subject to Tranche B Deferred Units:	  	[            ]	  	
			
	Number of Common Units	  		  	
	subject to Tranche C Deferred Units:	  	[            ]	  	
			
	Date of Grant:                     	  		  	

  
 12 

 CONSENT OF SPOUSE 

In consideration of the execution of the foregoing Restricted Deferred Unit Award Agreement by Momentive Performance Materials
Holdings LLC, I,
                                        ,
the spouse of the Participant therein named, do hereby join with my spouse in executing the foregoing Restricted Deferred Unit Award Agreement and do hereby agree to be bound by all of the terms and provisions thereof and of the Plan. 

 

					
	Dated:             ,         	 		 	
			
	 	 		 	  
		 		 	Signature of Spouse
			
	 	 		 	  
		 		 	Print Name

  
 13 

 ATTACHMENT A 
 Securities Law Representations 
 The Participant, by executing this Agreement, hereby makes the
following representations to the Company and acknowledges that the Company’s reliance on federal, state and foreign securities law exemptions from registration and qualification is predicated, in substantial part, upon the accuracy of these
representations: 
  

	1.	United States:  

 If the
Participant is a resident of the United States, the following representations and warranties are made by such Participant: 
 (a) The
Participant acknowledges that the Deferred Units are not being registered under the Securities Act, based, in part, on either (i) reliance upon an exemption from registration under Securities and Exchange Commission Rule 701 promulgated under
the Securities Act or (ii) the fact that the Participant is an “accredited investor” (as defined under the Securities Act and the rules and regulations promulgated thereunder), and, in each of (i) and (ii) above, a
comparable exemption from qualification under applicable state securities laws, as each may be amended from time to time. 
 (b) The Participant
is an “accredited investor” within the meaning of Rule 501(a)(1), (2) or (3) of the Securities Act. 
 (c) The Participant
is acquiring the Deferred Units solely for the Participant’s own account, for investment purposes only, and not with a view to or an intent to sell, or to offer for resale in connection with any unregistered distribution, all or any portion of
the Deferred Units within the meaning of the Securities Act and/or any applicable state securities laws. 
 (d) The Participant acknowledges
that he has not acquired the Deferred Units as a result of any general solicitation or general advertising in the United States, including any meeting whose attendees have been invited by general solicitation or general advertising. 

(e) The Participant has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the Deferred Units
and the restrictions imposed on any Common Units. The Participant has been furnished with, and/or has access to, such information as he considers necessary or appropriate for deciding whether to purchase the Deferred Units. However, in evaluating
the merits and risks of an investment in the Common Units, the Participant has and will rely only upon the advice of his own legal counsel, tax advisors, and/or investment advisors. 
 (f) The Participant is aware that the Deferred Units may be of no practical value, that any value they may have depend on vesting as well as the performance of the Company and the market generally, and
that any investment in common units of a closely held corporation such as the 

  
 14 

 
Company is non-marketable, non-transferable and could require capital to be invested for an indefinite period of time, possibly without return, and at substantial risk of loss. 

(g) The Participant understands that the Deferred Units are being offered in a transaction not involving any public offering within the United States
within the meaning of the Securities Act and that the Deferred Units have not been and will not be registered under the Securities Act, and that the Deferred Units are “restricted securities” as defined by Rule 144(a)(3) under the
Securities Act, and that, under such laws and applicable regulations, such securities may be resold without registration under the Securities Act only in certain limited circumstances, including in accordance with the conditions of Rule 144
promulgated under the Securities Act or in an offshore transaction meeting the requirements of Rule 903 or 904 of Regulation S under the Securities Act, each as presently in effect. The Participant acknowledges reviewing a copy of Rule 144
promulgated under the Securities Act and Regulation S under the Securities Act, as presently in effect, and represents that he is familiar with such rule, and understands the resale limitations imposed thereby and by the Securities Act and the
applicable state securities law. 
 (h) The Participant agrees that he will comply with all applicable laws and regulations in effect in any
jurisdiction in which he sells any of the securities or otherwise transfers any interest therein. 
  

	(i)	The Participant has read and understands the restrictions and limitations set forth in the Plan and this Agreement. 

(j) The Participant understands and acknowledges that, if and the Deferred Units vest, (a) any certificate evidencing the Vested Units (or
evidencing any other securities issued with respect thereto pursuant to any unit split, unit dividend, merger or other form of reorganization or recapitalization) when issued shall bear any legends which may be required by applicable federal and
state securities laws, and (b) except as otherwise provided under the Management Investor Rights Agreement, the Company has no obligation to register the Common Units or file any registration statement under federal or state securities laws.

  

	2.	Australia 

 If the Participant is a
resident of Australia, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	3.	Belgium 

 If the Participant is a
resident of Belgium, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  
 15 

	4.	Brazil 

 If the Participant is a
resident of Brazil, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	5.	Canada 

 If the Participant is a
resident of Canada, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	6.	China  

 If the Participant is a
resident of China, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	(b)	The Participant acknowledges that, if he exercises the Option, he has authority to so exercise and no examination or approval by a third party is required for the
Participant to do so. 

  

	7.	Germany 

 If the Participant is a
resident of Germany, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	8.	Hong Kong  

 If the Participant is
a resident of Hong Kong, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	(b)	The Participant shall be liable for all Hong Kong tax consequences, if any, resulting from the vesting of Deferred Units or the delivery of Common Units under this
Agreement. 

  

	(c)	 The Participant acknowledges that the Deferred Units granted are discretionary and the benefits received under the Deferred Units shall not be included
in the calculation of any 

  
 16 

	 	 
severance payment the Participant may be entitled to upon termination of his/her relationship with the Company or its subsidiary in Hong Kong. 

 

	(d)	The Participant hereby consents to the collection, use and retention of Personal Data by the Company and/or its subsidiary in Hong Kong as provided for under
Section 8B of this Agreement. 

  

	9.	India 

 If the Participant is a
resident of India, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	(b)	The Participant represents and warrants that he has the due authority and permission to exercise the Option and that the same would fall within the general permission
granted by the Reserve Bank of India under the Foreign Exchange Management Act, 1999 and the regulations framed thereunder. 

  

	(c)	The Participant shall be liable for all income tax consequences, if any, pursuant to the vesting of Deferred Units or the delivery of Common Units.

  

	(d)	The Participant acknowledges that the possession and value of the Deferred Units shall not be taken into account when determining benefits, if any, due the Participant
by the Company, upon termination of employment. 

  

	10.	Japan 

 If the Participant is a
resident of Japan, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	11.	Korea 

 If the Participant is a
resident of Korea, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	12.	Netherlands  

 If the Participant
is a resident of the Netherlands, the following representations and warranties are made by such Participant: 
  

	(a)	 The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United

  
 17 

	 	 
States) of this Attachment A are hereby incorporated and made by such Participant. 

  

	(b)	The Participant accepts all wage and income tax consequences, if any, following from accepting the Deferred Units. 

 

	(c)	The Participant acknowledges that there is no specific need for a translation of the Plan and Agreement into the Dutch language, that he or she had an opportunity to
have these documents translated into Dutch before accepting any grants under the Plan and fully understands the details and implications of the Plan and this Agreement. 

 

	13.	New Zealand 

 If the Participant is
a resident of New Zealand, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	14.	Singapore 

 If the Participant is a
resident of Singapore, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	15.	Switzerland 

 If the Participant is
a resident of Switzerland, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  

	16.	United Kingdom 

 If the Participant
is a resident of the United Kingdom, the following representations and warranties are made by such Participant: 
  

	(a)	The representations and warranties in clauses (e), (f), (h), (i), and (j) of Section 1 (United States) of this Attachment A are hereby incorporated and made
by such Participant. 

  
 18 

 ATTACHMENT B 

 

	1.	All Non-U.S. Jurisdictions 

 In addition
to the provisions of the Momentive Performance Materials Holdings LLC 2011 Equity Incentive Plan (the “Plan) and the Form of Restricted Deferred Unit Award Agreement (the “Agreement”) for the deferred units (“Deferred
Units”) granted on February 23, 2011, the Deferred Units are subject to the following additional terms and conditions. All defined terms as contained in this Addendum shall have the same meaning as set forth in the Plan and the Agreement.
If the Participant transfers residency and/or employment to another country reflected in an Addendum following the Grant Date, the additional terms and conditions for such country (if any) will apply to the Participant’s Deferred Units to the
extent the company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local law or to facilitate the administration of the Plan. 

(a) Commercial Relationship. The Participant expressly recognizes that Participant’s participation in the Plan and the Company’s grant of the
Deferred Units does not constitute an employment relationship between Participant and the Company. The Participant has been granted the Deferred Units as a consequence of the commercial relationship between the Company and the Employer, and the
Employer is the Participant’s sole employer. Based on the foregoing, (a) the Participant expressly recognizes the Plan and the benefits the Participant may derive from participation in the Plan does not establish any rights between the
Participant and the Employer, (b) the Plan and the benefits the Participant may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by the Employer, and (c) any modifications or
amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of Participant’s employment with the Employer. 

(b) Effective Date of Termination of Employment. Notwithstanding anything to the contrary in the Plan or the Agreement, and for purposes of clarity, any
termination of employment shall be effective as of the date the Participant’s active employment ends and shall not be extended by any statutory or common law notice period. 
 (c) Compliance with Age Discrimination Rules. If the Participant is a local national of and employed in a country that is a member of the European Union, the grant of the Deferred Units and the terms and
conditions governing the grant of the Deferred Units are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the “Age Discrimination Rules”). To the extent
a court or tribunal of competent jurisdiction determines that any provision of the grant of the Deferred Units is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the
power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local law. 
 (d) Tax Withholding. The following provision shall replace Section 16 of the Agreement in its entirety: 

  
 19 

 Regardless of any action the Company and the Employer take with respect to any or all income tax (including
U.S. federal, state and local taxes and/or non-U.S. taxes), social insurance, payroll tax, payment on account or other tax-related withholding (“Tax-Related Items”), the Participant acknowledges that the ultimate liability for all
Tax-Related Items legally due by the Participant is and remains the Participant’s responsibility, and that the Company and the Employer (a) make no representations or undertakings regarding the treatment of any Tax-Related Items in
connection with any aspect of the Deferred Units, including the grant of the Deferred Units, the vesting of the Deferred Units, the subsequent sale of any Common Units acquired pursuant to the Deferred Units and the receipt of any dividends; and
(b) do not commit to structure the terms of the grant or any aspect of the Deferred Units to reduce or eliminate the Participant’s liability for Tax-Related Items. 
 Prior to the delivery of the Common Units upon the vesting of the Deferred Units, if any taxing jurisdiction requires withholding of Tax-Related Items, the Company may withhold a sufficient number of
whole Common Units otherwise issuable upon the vesting of the Deferred Units that have an aggregate Fair Market Value (as defined under the Plan) sufficient to pay the minimum Tax-Related Items required to be withheld with respect to the Common
Units. The cash equivalent of the Common Units withheld will be used to settle the obligation to withhold the Tax-Related Items. No fractional Common Units will be withheld or issued pursuant to the grant of the Deferred Units and the issuance of
Common Units hereunder. Alternatively, the Company and the Employer may, in its discretion, withhold any amount necessary to pay the Tax-Related Items from the Participant’s salary or other amounts payable to the Participant, with no
withholding in Common Units. In the event the withholding requirements are not satisfied through the withholding of Common Units or through the Participant’s salary or other amounts payable to the Participant, no Common Units will be issued
upon vesting of the Deferred Units unless and until satisfactory arrangements (as determined by the Committee) have been made by the Participant with respect to the payment of any Tax-Related Items which the Company and the Employer determines, in
its sole discretion, must be withheld or collected with respect to such Deferred Units. By accepting this grant of Deferred Units, the Participant expressly consents to the withholding of Common Units and/or cash as provided for hereunder. All other
Tax-Related Items related to the Deferred Units and any Common Units delivered in payment thereof are the Participant’s sole responsibility. 
 (e) Repatriation; Compliance with Laws. The Participant agrees, as a condition of the grant of the Deferred Units, to repatriate all payments attributable to the Deferred Units and/or cash acquired under
the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Common Units acquired pursuant to the Deferred Units) in accordance with all foreign exchange rules and regulations applicable to the Participant. In
addition, the Participant also agrees to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries and Affiliates, as may be required to allow the Company and its Subsidiaries and Affiliates to comply
with all laws, rules and regulations applicable to the Participant. Finally, the Participant agrees to take any and all actions as may be required to comply with the Participant’s personal legal and tax obligations under all laws, rules and
regulations applicable to the Participant. 
 (f) Discretionary Nature of Plan; No Vested Rights. The Participant acknowledges and agrees that
the Plan is discretionary in nature and limited in duration, and may be amended, 

  
 20 

 
cancelled, or terminated by the Company, in its sole discretion, at any time. The grant of the Deferred Units under the Plan is a one-time benefit and does not create any contractual or other
right to receive an award or benefits in lieu of Deferred Units in the future. Future awards, if any, will be at the sole discretion of the Company, including, but not limited to, the form and timing of an award, the number of Common Units subject
to the award, and the vesting provisions. Any amendment, modification or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Employer. 

(g) Termination Indemnities. The value of the Participant’s Deferred Units is an extraordinary item of compensation outside the scope of the
Participant’s employment contract, if any. As such, the Deferred Units are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards,
pension, or retirement benefits or similar payments. 
 (h) English. Language. The Participant acknowledges and agrees that it is the
Participant’s express intent that the Plan, the Agreement, this Addendum and all other documents, notices and legal proceedings entered into, given or instituted pursuant to the Deferred Units, be drawn up in English. If the Participant has
received the Plan, the Agreement, this Addendum or any other documents related to the Deferred Units translated into a language other than English, and if the meaning of the translated version is different than the English version, the English
version shall control. 
 (i) Additional Requirements. The Company reserves the right to impose other requirements on the Deferred Units, any
Common Units acquired pursuant to the Deferred Units, and the Participant’s participation in the Plan, to the extent the Company determines, in its sole discretion, that such other requirements are necessary or advisable in order to comply with
local law or to facilitate the administration of the Plan. Such requirements may include (but are not limited to) requiring the Participant to sign any agreements or undertakings that may be necessary to accomplish the foregoing. 

(j) Private Placement. The grant of the Deferred Units is not intended to be a public offering of securities in the Participant’s country of
residence (and country of employment, if different). The Company has not submitted any registration statement, prospectus or other filings with the local securities authorities (unless otherwise required under local law), and the grant of the
Deferred Units is not subject to the supervision of the local securities authorities. No employee of the Company or a Subsidiary or an Affiliate is permitted to advise the Employee on whether the Employee should acquire, hold and/or sell Common
Units under the Plan. The acquisition and/or disposition of units of Common Units involves a degree of risk, and the Employee should carefully consider all risk factors relevant to the Employee’s personal situation. In addition, the Employee
should carefully review all of the materials related to the Deferred Units and the Plan, and the Employee should consult with his or her personal advisor for professional investment advice. 

(k) Consent to Collection, Processing and Transfer of Personal Data. Pursuant to applicable personal data protection laws, the Company hereby notifies
the Participant of the following in relation to the Participant’s personal data and the collection, processing and 

  
 21 

 
transfer of such data in relation to the Company’s grant of this award and the Participant’s participation in the Plan. The collection, processing and transfer of the Participant’s
personal data is necessary for the Company’s administration of the Plan and the Participant’s participation in the Plan. The Participant’s denial and/or objection to the collection, processing and transfer of personal data may affect
the Participant’s participation in the Plan. As such, the Participant voluntarily acknowledges and consents (where required under applicable law) to the collection, use, processing and transfer of personal data as described in this paragraph.

 The Company and the Employer hold certain personal information about the Participant, including name, home address and telephone number, date
of birth, social security number or other employee identification number, salary, nationality, job title, any Units or directorships held in the Company, details of all Deferred Units or any other entitlement to Common Units awarded, canceled,
purchased, vested, unvested or outstanding in Participant’s favor, for the purpose of managing and administering the Plan (“Data”). The Data may be provided by the Participant or collected, where lawful, from third parties, and the
Company will process the Data for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan. The Data processing will take place through electronic and non-electronic means according to logics
and procedures strictly correlated to the purposes for which Data are collected and with confidentiality and security provisions as set forth by applicable laws and regulations in the Participant’s country of residence. Data processing
operations will be performed minimizing the use of personal and identification data when such operations are unnecessary for the processing purposes sought. Data will be accessible within the Company’s organization only by those persons
requiring access for purposes of the implementation, administration and operation of the Plan and for the Participant’s participation in the Plan. 
 The Company and the Employer will transfer Data amongst themselves as necessary for the purpose of implementation, administration and management of the Participant’s participation in the Plan, and
the Company and the Employer may each further transfer Data to any third parties assisting the Company in the implementation, administration and management of’ the Plan. These recipients may be located in the European Economic Area, or
elsewhere throughout the world, such as the United States. The Participant hereby authorizes (where required under applicable law) them to receive, possess, use, retain and transfer the Data, in electronic or other form, for purposes of
implementing, administering and managing the Participant’s participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of Common Units on the
Participant’s behalf to a broker or other third party with whom the Participant may elect to deposit any Common Units acquired pursuant to the Plan. 
 The Participant may, at any time, exercise his or her rights provided under applicable personal data protection laws, which may include the right to (a) obtain confirmation as to the existence of the
Data, (b) verify the content, origin and accuracy of the Data, (c) request the integration, update, amendment, deletion, or blockage (for breach of applicable laws) of the Data, and (d) to oppose, for legal reasons, the collection,
processing or transfer of the Data which is not necessary or required for the implementation, administration and/or operation of the Plan and the Participant’s participation in the Plan. The Participant may seek to exercise these rights by
contacting the Participant’s local HR manager or the Company’s Human Resources Department. 

  
 22 

	2.	Germany 

 The following sentence is
added to the end of Section 1: 
 A copy of the Plan may be obtained from the Company by the Participant in German upon
request. 
 Section 16 is amended and restated to provide: 
 Section 16. Withholding; German wage tax and social security contributions. The Participant will promptly on each vesting of Deferred Units or delivery of Common Units notify in writing the
Participant’s German employing company (if applicable) of the vesting or delivery, specifying the amount of units vested or delivered and the Fair Market Value for each unit. The Company will notify such German employer of the current Fair
Market Value of the units as at the date of their vesting and /or delivery. 
 Upon the vesting of Deferred Units or delivery of
Common Units, and in the event that the other wage payments in cash receivable for Participant for the relevant time period are not sufficient to cover the employer’s liability to pay wage tax and social security contributions on behalf of the
Participant, the Company shall have the right to (i) require the Participant to pay or provide for payment of the amount of any taxes and social security contributions which the German employer of the Participant may be required to withhold
with respect to the vesting or delivery; or (ii) reduce the number of units to the Participant in connection with the vesting or delivery by the appropriate number of units, valued at their then Fair Market Value, to satisfy the minimum
withholding obligation. In no event will the value of the units withheld under clause (ii) above exceed the minimum amount of required withholding under applicable law. 
 The following Advice on Right of Revocation is added to the end of the Agreement to provide as follows: 
 ADVICE ON RIGHT OF REVOCATION 
 Right of Revocation 

You may revoke your declaration to enter into the contract in writing (e.g., by letter, facsimile, email) within two weeks, without giving reasons for
your decision. Your right to revoke commences at the earliest on receipt by you of this advice. Sending the revocation in good time is sufficient to ensure compliance with the deadline. The revocation should be addressed to: 

Momentive Performance Materials Holdings LLC 
 180 E. Broad St. 
 Columbus, OH 43215

  
 23 

 
Attention: General Counsel 
 Consequences of revocation 

In the event of an effective revocation, each party shall return to the other any performances received (including any profits derived, if applicable).

 - End of advice on right of revocation - 
  

	3.	Hong Kong  

 This Agreement is
deemed to have included the following legend on its front page: 
 WARNING 

The contents of this document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in
relation to the offer. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice 
 The following is added immediately after the end of Section 4: 

Notwithstanding any provision in this Section 4, no Deferred Unit shall become vested less than six months from the Grant Date in any
event. 
 New Section 5A is added as follows: 
 Section 5A: Holding requirement. Without prejudice to the provisions in Section 5, no transfer of Deferred Units may take place in any event within 6 months from the Grant Date. Such
restriction shall be applicable notwithstanding the termination of employment, death of the Participant or any Realization Event or Complete Change in Control prior to such 6 month period. 
 New Sections 8A and 8B are added as follows: 
 Section 8A: No part of
Severance. The Deferred Units granted in Hong Kong are discretionary and the benefits received under the Deferred Units shall not be included in the calculation of any severance payment the Participant may be entitled to upon the Termination of
Relationship. 
 Section 8B: Data Privacy - Hong Kong. The Company and/or its Hong Kong subsidiary may have to hold
certain personal information about the Participant (“Personal Data”). These Personal Data will be processed by the Company and/or its Hong Kong subsidiary exclusively for purposes relating to the implementation, managing and
administration of the Plan and this Agreement. These Personal Data may also be communicated to subsidiary corporations of the Company and/or its Hong Kong 

  
 24 

 
subsidiary and any such other appropriate third parties assisting in the implementation, administration and management of the Plan and this Agreement which may be located abroad, outside of Hong
Kong. The Participant hereby consents to and acknowledges that the collection, use and retention of the Personal Data by the Company and/or its Hong Kong subsidiary is necessary to the performance of the Company’s and/or its Hong Kong
subsidiary’s contractual obligations related to the implementation, administration and management of Participant’s participation in the Plan and this Agreement. The Participant may at any time access, delete, update and amend the Personal
Data by notifying the Company and/or its Hong Kong subsidiary in accordance with the relevant data privacy protection law in Hong Kong. 
  

	4.	India  

 New Section 8B is
added as follows: 
 Section 8B. Data Privacy - India. The Participant grants the Company and its (indirect)
subsidiaries the right to process and store the (personal) data necessary in connection with the implementation of the Plan, including cross-border processing. 
 The following language is added at the end of Section 8: 
 In case of
calculating and/or awarding severance in India, or any other form of compensation in connection with the termination of the Participant’s employment in India, the parties have specifically agreed that nothing as described in the Plan and the
Agreement will be taken into account. 
  

	5.	Netherlands 

 New Sections 8A and
8B are added as follows: 
 Section 8A. No part of severance. The parties specifically agree that the rights of the
Participant and the termination thereof will not in any way other than as described in the Plan and the Agreement be taken into account in the context of calculating and/or awarding severance, or any other form of compensation in connection with the
termination of the Participant’s employment. 
 Section 8B. Own rules. The Participant acknowledges that the
Plan and Agreement are governed by their own rules and law, and that the applicability of other rules and law to the employment relationship of the Participant has no impact on those governing rules and law. 

A new Section 16A is added as follows: 
 Section 16A. Authorization. To the extent the Plan and its implementation require certain monetary contributions by the Participant the Participant grants the Company and its (indirect)
subsidiaries including the Participant’s employer the right to set such contributions off against net salaries payable at any time. The Participant grants the Company and its (indirect) subsidiaries the right to process and store the (personal)
data 

  
 25 

 
necessary in connection with the implementation of the Plan, including cross-border processing. 

  
 26

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]