Document:

EX-10.8

 Exhibit 10.8 

Ivy Holding Corp. 
 2017
Stock Option Plan 
 As of April 22, 2020 

(Plan originally approved March 29, 2017) 

 Ivy Holding Corp. 

2017 Stock Option Plan 

ARTICLE 1 
 PURPOSE

  

	1.1	 Purpose of this Plan 

The purpose of this Plan is to assist the Company in attracting, retaining and motivating key employees of the Company and its subsidiaries by granting to them
options to purchase Class B Shares of the Company. 
 ARTICLE 2 

INTERPRETATION 
  

	2.1	 Definitions 

When used herein, unless the context otherwise requires, the following terms have the following meanings, respectively: 

“Affiliate” of any particular Person means (i) any other Person controlling, controlled by or under common control with
such particular Person, where “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person whether through the ownership of voting securities, by contract
or otherwise, and (ii) if such Person is a partnership (including limited partnership) or limited liability company, any partner or member thereof. 

“Board” means the board of directors of the Company. 

“Cause” shall mean, in the case of an Eligible Participant who has a written employment or service agreement with the Company
or a parent entity or subsidiary in effect at the time of his termination of employment or service, the definition of “Cause” set forth in such employment or service agreement, or, in the absence of such an agreement (or such definition in
such agreement), a finding by the Plan Administrator in its sole discretion of one or more of the following with respect to the Eligible Participant: (i) a willful act of dishonesty by such Eligible Participant in connection with such Eligible
Participant’s responsibilities as an employee of the Company (or any of its subsidiaries) and that results in damage to the Company; (ii) such Eligible Participant’s commission of, or plea of nolo contendere to, a felony or any crime
involving fraud, embezzlement or any other act of moral turpitude; (iii) such Eligible Participant’s gross misconduct committed in the performance of such Eligible Participant’s services as an employee of the Company (or any of its
subsidiaries) or member of the Board, (iv) such Eligible Participant’s willful unauthorized use or disclosure of any proprietary information or trade secrets of the Company (or any of its subsidiaries) or any other party to whom such
Eligible Participant owes an obligation of nondisclosure as a result of such Eligible Participant’s relationship with the Company (or any of its subsidiaries); or (v) such Eligible Participant’s willful breach of any material
obligations under any written agreement or covenant with the Company (or any of its subsidiaries). 

  
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 “Code” means the Internal Revenue Code of 1986, as amended. 

“Committee” has the meaning set forth in Section 3.2. 

“Common Shares” means, collectively, shares of the Company’s Class A common stock, par value $0.01 per share (the
“Class A Shares”), and the Company’s Class B common stock, par value $0.01 per share (the “Class B Shares”). 

“Company” means Ivy Holding Corp., a Delaware corporation. 

“Date of Grant” means, for any Option, the date specified by the Plan Administrator at the time it grants the Option
(provided, however, that such date shall not be prior to the date the Plan Administrator acts to grant the Option) or, if no such date is specified, the date upon which the Option was granted. 

“Disabled” or “Disability” means, unless the Option Grant provides otherwise, the Company or a parent entity
or subsidiary having cause to terminate an Eligible Participant’s employment or service on account of “disability,” as defined in any then-existing written employment or service agreement between Eligible Participant and the Company
or a parent entity or subsidiary or, in the absence of such an agreement (or such definition in such agreement), a condition entitling Eligible Participant to receive benefits under a long-term disability plan of the Company or parent entity or
subsidiary, or, in the absence of such a plan, the complete and permanent inability by reason of illness or accident to perform the duties of the occupation at which Eligible Participant was employed or served when such disability commenced, as
determined by the Plan Administrator based upon medical evidence acceptable to it. 
 “Eligible Participant” means each
current employee, director or consultant of the Company or any of its subsidiaries. 
 “Exercise Notice” means a notice in
writing, in the form set out in Exhibit B, signed by an Optionee and stating the Optionee’s intention to exercise a particular Option. 

“Exercise Period” means the period of time during which an Option granted under this Plan may be exercised in accordance with
this Plan. 
 “Exercise Price” means the price at which an Option Share may be purchased pursuant to the exercise of an
Option. 
 “Fair Market Value” shall have the meaning ascribed to such term in the Shareholders Agreement. 

“Initial Public Offering” means a sale of the Company’s Equity Securities (as defined in the Shareholders Agreement) in a
public offering pursuant to an effective registration statement under the Securities Act filed with the United States Securities and Exchange Commission. 

  
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 “Option” means a right to purchase Class B Shares under this Plan.

 “Optionee” means an Eligible Participant who has been granted one or more Options. 

“Option Grant” means a signed, written agreement by the Company, in the form attached as Exhibit A, subject to any
amendments or additions thereto as may, in the discretion of the Plan Administrator, be necessary or advisable, evidencing the terms and conditions on which an Option has been granted under this Plan. 

“Option Shares” means the Class B Shares that will be issued by the Company upon the exercise of outstanding Options.

 “Parent” means Ivy Parent Holdings, LLC, a Delaware corporation and parent of the Company. 

“Person” means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock
company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. 

“Plan” means this 2017 Stock Option Plan as set out herein and as amended from time to time in accordance with the provisions
hereof. 
 “Plan Administrator” means the Board or, if the administration of this Plan has been delegated by the Board to
the Committee pursuant to Section 3.2, the Committee. 
 “Sale of the Company” means either (i) the sale, lease,
license, transfer, conveyance or other disposition, in one transaction or a series of related transactions, of all or substantially all of the assets of the Company and its subsidiaries, taken as a whole, as determined in good faith by the Board or
(ii) a transaction or a series of related transactions (including by way of merger, consolidation, recapitalization, reorganization, amalgamation, sale of Equity Securities (as defined in the Shareholders Agreement) or otherwise) the result of
which is that the holders of either Parent and/or the Company’s outstanding voting securities immediately prior to such transaction or series of related transactions are (after giving effect to such transaction or series of related
transactions) no longer, in the aggregate, the “beneficial owners” (as such term is defined in Rule 13d-3 and Rule 13d-5 promulgated under the Securities
Exchange Act of 1934, as amended), directly or indirectly through one or more intermediaries, of a majority of the voting power of the outstanding voting securities of either Parent and/or the Company. Notwithstanding the foregoing, no such
transaction or series of related transactions (including by way of merger, consolidation, recapitalization, reorganization, sale of Equity Securities or otherwise) in connection with a public offering shall be deemed a Sale of the Company. 

“Sale of the Company Price” means the Fair Market Value of one Class B Share (as of the date the Sale of the Company is
determined to have occurred) implied by the Sale of the Company as the Plan Administrator may determine. 

  
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 “Securities Act” means the Securities Act of 1933, as amended, and
applicable rules and regulations thereunder, and any successor to such statute, rules or regulations. Any reference herein to a specific section, rule or regulation of the Securities Act shall be deemed to include any corresponding provisions of
future law. 
 “Shareholders Agreement” means the Shareholders Agreement dated February 1, 2017, between the Company
and its shareholders, as the same may be amended or restated from time to time. 
 “Termination Date” means, the date that
an Optionee’s employment, directorship (or equivalent role), or consultancy with the Company or any of its subsidiaries is terminated (whether such termination occurs with or without any or adequate reasonable notice, or with or without any or
adequate compensation in lieu of such reasonable notice), and “Termination Date” specifically does not mean the date on which any period of reasonable notice that the Company or its subsidiaries (as the case may be) may be required
at law to provide to the Optionee expires. 
 “Transfer” means any direct or indirect sale, transfer, assignment, pledge,
mortgage, exchange, hypothecation, grant of a security interest or other direct or indirect disposition or encumbrance of an interest (whether with or without consideration, whether voluntarily or involuntarily or by operation of law) or the acts
thereof or an offer or agreement to do the foregoing. The terms “Transferee,” “Transferor,” “Transferred,” and other forms of the word “Transfer” shall have the correlative
meanings. For the avoidance of doubt, a Transfer of any interest in an entity (other than Parent or the MDP Funds (as defined in the Shareholders Agreement)) that directly or indirectly holds Options and/or Option Shares shall be deemed a Transfer
of Options and/or Option Shares for purposes of this Agreement. 
  

	2.2	 Interpretation 

 

	 	(a)	 This Plan is created under and is to be governed, construed and administered in accordance with the laws of the
State of Delaware. 

  

	 	(b)	 Whenever the Plan Administrator is to exercise discretion in the administration of the terms and conditions of
this Plan, the term “discretion” means the sole and absolute discretion of the Plan Administrator. 

  

	 	(c)	 As used herein, the terms “Article”, “Section” and “Exhibit”
mean and refer to the specified Article, Section and Exhibit of this Plan, respectively. 

  

	 	(d)	 Where the word “including” or “includes” is used in this Plan, it means
“including (or includes) without limitation”. 

  

	 	(e)	 Words importing the singular include the plural and vice versa and words importing any gender include any other
gender. 

  

	 	(f)	 Unless otherwise specified, all references to money amounts are to United States currency.

  
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 ARTICLE 3 

PLAN ADMINISTRATION 
  

	3.1	 Plan Administration 

This Plan will be administered by the Plan Administrator and the Plan Administrator has sole and complete authority, in its discretion, to: 

 

	 	(a)	 determine the individuals and entities to whom Options may be granted pursuant to the terms of this Plan;

  

	 	(b)	 grant Options in such amounts and, subject to the provisions of this Plan, on such terms and conditions as it
determines including: 

  

	 	(i)	 the time or times at which Options may be granted; 

 

	 	(ii)	 the Exercise Price at which Option Shares subject to each Option may be purchased; 

 

	 	(iii)	 the time or times when each Option becomes exercisable and, subject to Section 4.3, the duration of the
Exercise Period; 

  

	 	(iv)	 whether restrictions or limitations are to be imposed on the Option Shares granted hereunder (at the time of
grant) and the nature of such restrictions or limitations, if any (subject, in each case, to the requirement set forth in Section 4.10); 

  

	 	(v)	 any acceleration of exercisability or waiver of termination regarding any Option, based on such factors as the
Plan Administrator may determine; and 

  

	 	(vi)	 to cancel, amend, adjust or otherwise change any Option under such circumstances as the Plan Administrator may
consider appropriate in accordance with the provisions of this Plan; 

  

	 	(c)	 interpret this Plan and adopt, amend, prescribe and rescind administrative guidelines and other rules and
regulations relating to this Plan; and 

  

	 	(d)	 make all other determinations and take all other actions necessary or advisable for the implementation and
administration of this Plan. 

 The Plan Administrator’s determinations and actions within its authority under this Plan are
conclusive and binding on the Company and all other persons. 
  

	3.2	 Delegation of Plan Administration 

 

	 	(a)	 The initial Plan Administrator shall be the Board. 

  
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	 	(b)	 To the extent permitted by applicable law, the Board may, from time to time, delegate to a committee of the
Board (the “Committee”) all or any of the powers conferred on the Plan Administrator pursuant to this Plan. In such event, the Committee will exercise the powers delegated to it by the Board in the manner and on the terms authorized
by the Board. Any decision made or action taken by the Committee arising out of or in connection with the administration or interpretation of this Plan in this context is final and conclusive. 

 

	 	(c)	 The day-to-day administration
of this Plan may be delegated to such officers and employees of the Company or any of its subsidiaries as the Plan Administrator determines. 

  

	3.3	 Eligibility 

All Eligible Participants are eligible to participate in this Plan, subject to Section 4.7(e). Eligibility to participate does not confer upon any
Eligible Participant any right to be granted Options pursuant to this Plan. Granting Options to any Eligible Participant does not confer upon any Eligible Participant the right to be granted any additional Options at any time. The extent to which
any Eligible Participant is entitled to be granted Options pursuant to this Plan will be determined in the sole discretion of the Plan Administrator. 
  

	3.4	 Total Class B Shares Subject to Options 

 

	 	(a)	 The aggregate number of Class B Shares that may be issued pursuant to the exercise of Options, shall be
1,025,000 Class B Shares. No Option may be granted if such grant would have the effect of causing the total number of Class B Shares subject to Options to exceed the above-noted total number of Class B Shares reserved for issuance
pursuant to the exercise of Options. 

  

	 	(b)	 To the extent Options terminate for any reason prior to exercise in full or are cancelled, the Class B
Shares subject to such Options shall be added back to the number of Class B Shares reserved for issuance under this Plan and such Class B Shares will again become available for grant under this Plan. 

 

	3.5	 Option Grants 

Each grant of Options under this Plan will be evidenced by an Option Grant. Such Option Grants will be subject to the applicable provisions of this Plan and
will contain such provisions as are required by this Plan and any other provisions that the Plan Administrator may direct. The Board of Directors shall authorize and empower any director or officer of the Company to execute and deliver, for and on
behalf of the Company, an Option Grant to each Optionee. 
  

	3.6	 Non-Transferability 

Subject to Section 4.6 and the rules and policies of any stock exchange on which the Common Shares are listed, if applicable, and applicable law, Options
granted under this Plan may only be exercised during the lifetime of the Optionee by such Optionee personally or by such Optionee’s estate pursuant to Section 4.6(a) after such Optionee’s death. Except to the extent permitted by the
Plan Administrator, no assignment or Transfer of Options, whether voluntary, involuntary, by operation of law or otherwise, vests any interest or right in such Options whatsoever in any assignee or transferee and immediately upon any assignment or
Transfer, or any attempt to make the same, such Options will terminate and be of no further force or effect. 

  
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 ARTICLE 4 

GRANT OF OPTIONS 
  

	4.1	 Grant of Options 

The Plan Administrator may, from time to time, subject to the provisions of this Plan and such other terms and conditions as the Plan Administrator may
prescribe, grant Options to any Eligible Participant. 
  

	4.2	 Exercise Price 

The Exercise Price per Option Share purchasable under an Option shall be the Fair Market Value of one Class B Share on the Date of Grant. 

 

	4.3	 Term of Options 

Subject to any accelerated termination as set forth in this Plan, each Option, unless otherwise specified by the Plan Administrator, expires on the 10th
anniversary of the date hereof (the “Expiry Date”). 
  

	4.4	 Exercise Period 

 

	 	(a)	 Each Option shall only vest and become exercisable in accordance with the terms of the applicable Option Grant
pursuant to which it is vested. 

  

	 	(b)	 Once an Option becomes vested, it shall remain vested and shall be exercisable until expiration or termination
of the Option, unless otherwise specified by the Plan Administrator. Each Option may be exercised at any time or from time to time, in whole or in part, for up to the total number of Option Shares with respect to which it is then vested and
exercisable. The Plan Administrator has the right to accelerate the date upon which any Option becomes vested and exercisable. 

  

	 	(c)	 Subject to the provisions of this Plan and any Option Grant, Options shall be exercised by means of a fully
completed Exercise Notice delivered to the Company. 

  

	4.5	 Payment of Exercise Price 

Unless otherwise specified in the applicable Option Grant by the Plan Administrator at the time of granting an Option, the Exercise Notice must be accompanied
by payment in full of the purchase price for the Option Shares to be purchased. The Exercise Price must be fully paid in cash, or by certified check, bank draft or money order payable to the Company or by such other means as might be specified from
time to time by the Plan Administrator. No Class B Shares will be issued or transferred until full payment therefor has been received by the Company. Until the occurrence of a Sale of the Company or Initial Public Offering, any certificate or
certificates representing the required Class B Shares shall be held by the Company on behalf of the Optionee, with the Company’s corporate records pursuant to the terms of the Shareholders Agreement. 

  
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	4.6	 Death or Disability of Optionee 

Subject to Section 4.8 or unless otherwise specified in the Option Grant by the Plan Administrator at the time of granting an Option, if an Optionee dies
or becomes Disabled while an employee of the Company or any of its subsidiaries: 
  

	 	(a)	 the executor or administrator of the Optionee’s estate or the Optionee, as the case may be, may exercise
any Options of the Optionee to the extent that the Options have vested as at the date of such death or Disability and the right to exercise such Options terminates on the earlier of: (i) the date on which the Exercise Period of the particular
Option expires; or (ii) the date that is one (1) year after the Optionee’s death or Disability; and 

  

	 	(b)	 any Options held by the Optionee that have not vested as at the date of death or Disability immediately expire
and are cancelled without consideration on such date. 

  

	4.7	 Termination of Employment or Services 

Subject to Section 4.8 or unless otherwise specified in the Option Grant by the Plan Administrator at the time of granting an Option: 

 

	 	(a)	 Where an Optionee’s employment or term of service with the Company or any of its subsidiaries ceases by
reason of the Optionee’s death or Disability, then the provisions of Section 4.6 will apply. 

  

	 	(b)	 Where an Optionee’s employment, services or directorship (or equivalent role) is terminated by the Company
or any of its subsidiaries without Cause (whether such termination occurs with or without any or adequate reasonable notice, or with or without any or adequate compensation in lieu of such reasonable notice), or where an Optionee’s employment,
services or directorship (or equivalent role) is terminated by voluntary resignation by the Optionee, then any Options held by the Optionee that have vested as at the Termination Date continue to be exercisable by the Optionee until the earlier of:
(i) the date on which the Exercise Period of the particular Option expires; or (ii) the date that is ninety (90) days after the Termination Date. Any Options held by the Optionee that have not vested as at the Termination Date
immediately expire and are cancelled without consideration on the Termination Date. 

  

	 	(c)	 Where (i) an Optionee’s employment, services, or directorship (or equivalent role) terminates by
reason of termination by the Company or any of its subsidiaries for Cause; or (ii) an Optionee commits a breach of the Optionee’s Restrictive Covenant Agreement with the Company, then any Options held by the Optionee, whether or not they
have vested as at the Termination Date or breach date (as applicable), immediately expire and are cancelled without consideration on the Termination Date or breach date (as applicable). 

  
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	 	(d)	 An Optionee’s eligibility to receive further grants of Options under this Plan ceases as of the date that
the Company or any of its subsidiaries, as the case may be, provides the Optionee with written notification that the Optionee’s employment, term of office, consulting or director agreement or arrangement, as the case may be, is terminated,
notwithstanding that such date may be prior to the Termination Date. 

  

	 	(e)	 Notwithstanding Section 4.7(b) or 4.7(d), unless the Plan Administrator, in its discretion, otherwise
determines, at any time and from time to time, Options are not affected by a change of employment within or among the Company or any of its subsidiaries for so long as such Optionee continues to be an employee, consultant or director of the Company
or any of its subsidiaries. 

  

	4.8	 Discretion to Permit Exercise 

Notwithstanding the provisions of Sections 4.6 and 4.7, the Plan Administrator may, in its discretion, at any time prior to or following the events
contemplated in such sections, permit the exercise of any or all Options held by the Optionee in the manner and on the terms authorized by the Plan Administrator, provided that the Plan Administrator will not, in any case, authorize the exercise of
an Option pursuant to this Section 4.8 beyond the expiration of the Exercise Period of the particular Option. 
  

	4.9	 Sale of the Company 

Notwithstanding anything else in this Plan or any Option Grant, the Plan Administrator may, in connection with a Sale of the Company and at its sole option and
without the consent of any Optionee: 
  

	 	(a)	 take such steps as are necessary or desirable to cause the conversion or exchange of any outstanding Options
into or for options, rights or other securities of substantially equivalent value (or greater value), as determined by the Plan Administrator in its discretion, in any entity participating in or resulting from such Sale of the Company;

  

	 	(b)	 accelerate the vesting of any or all outstanding Options to provide that such outstanding Options shall be
fully vested and exercisable contemporaneously with the completion of the transaction resulting in the Sale of the Company provided that the Plan Administrator shall not, in any case, authorize the exercise of Options pursuant to this section beyond
the Expiry Date of the Options. If any of such Options are not exercised contemporaneously with completion of the transaction resulting in the Sale of the Company, such unexercised Options shall terminate and expire upon the completion of the
transaction resulting in the Sale of the Company. If, for any reason, the transaction that would result in the Sale of the Company is not completed, any acceleration of the vesting of the Options shall be retracted and vesting shall instead revert
to the manner provided in Section 4.4 and in the applicable Option Grant; 

  
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	 	(c)	 determine that any or all outstanding Options will be purchased or cancelled by the Company or any of its
subsidiaries at the Sale of the Company Price less the applicable Exercise Price for the Option Shares available to be purchased under such Options. The Option Shares available to be purchased under the outstanding Options may only be purchased by
the Company or any of its subsidiaries, as described above, if the Sale of the Company Price is higher than the Exercise Price for such Option Shares, and the Company may cancel without consideration any Options where the applicable Exercise Price
for the Options Shares available to be purchased under such Options is greater than the Sale of the Company Price; and/or 

  

	 	(d)	 cancel any or all unvested Options and/or Options for which the Sale of the Company Price is equal to or less
than the applicable Exercise Price for the Option Shares available to be purchased under such Options, in each case, for no consideration if determined by the Plan Administrator that such cancellation is in the best interests of the Company.

 Notwithstanding the foregoing, any escrow, holdback, earnout or similar provisions in the definitive documents relating to the
consummation of such Sale of the Company may apply to any payment to the holders of the Options or Option Shares to the same extent and in the same manner as such provisions apply to the holders of Common Shares. In addition, in connection with the
consummation of any Sale of the Company, Eligible Participants will be required to execute at the request of the Company or its subsidiaries or Affiliates or any of their collective successors any definitive transaction documents, option
cancellation agreements, transaction support agreements, equityholders agreements, indemnification and/or contribution agreements, and any other consents, waivers, instruments, releases and other documents substantially in the same form executed by
Parent or Parent’s Affiliates or equityholders. Each Eligible Participant shall take all necessary or desirable actions (in such Eligible Participant’s capacity as a director, service provider, holder of Options or Option Shares, or
otherwise) reasonably requested by Parent and/or the Company in connection with the consummation of any Sale of the Company 
  

	4.10	 Shareholders Agreement 

Each Optionee must, as a condition to exercising an Option, sign and deliver a counterpart and acknowledgment to the Shareholders Agreement and any other
agreement that the Company requires a holder of Common Shares to sign (to the extent that such agreements exist and such Optionee is not already a party to such agreements), in form and substance satisfactory to the Company. Each Optionee
acknowledges that the Shareholders Agreement restricts Transfers of Common Shares, and includes a repurchase right in favor of the Company and Parent in the event of the termination of the Optionee’s employment, directorship (or equivalent
role) or provision of services with the Company or any of its subsidiaries. 
  

	4.11	 Conditions of Exercise 

Each Optionee will, when requested by the Company, sign and deliver all such documents relating to the granting or exercise of Options which the Company deems
necessary or desirable. 

  
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 ARTICLE 5 

SHARE CAPITAL ADJUSTMENTS 
  

	5.1	 General 

The existence of any Options does not affect in any way the right or power of the Company or its shareholders to make, authorize or determine any adjustment,
recapitalization, reorganization or any other change in the Company’s capital structure or its business, or any amalgamation, combination, merger or consolidation involving the Company, to create or issue any bonds, debentures, Class B
Shares or other securities of the Company or to determine the rights and conditions attaching thereto, to effect the dissolution or liquidation of the Company or any sale or transfer of all or any part of its assets or business, or to effect any
other corporate act or proceeding, whether of a similar character or otherwise, whether or not any such action referred to in this section would have an adverse effect on this Plan or any Option granted hereunder, but only to the extent such actions
are permitted under Section 409A of the Code. 
  

	5.2	 Reorganization of Company’s Capital 

Should the Company effect a subdivision or consolidation of Common Shares or any similar capital reorganization or a payment of a stock dividend (other than a
stock dividend that is in lieu of a cash dividend), or should any other change be made in the capitalization of the Company that, in the opinion of the Plan Administrator in good faith, would warrant the replacement or amendment of any existing
Options in order to adjust: (a) the number of Class B Shares that may be acquired on the exercise of any outstanding Options; and/or (b) the Exercise Price of any outstanding Options in order to preserve proportionately the rights and
obligations of the Optionees, the Plan Administrator may authorize such steps to be taken as may be equitable and appropriate to that end, but only to the extent such actions are permitted under Section 409A of the Code. 

 

	5.3	 Other Events Affecting the Company 

In the event of an amalgamation, combination, merger or other reorganization involving the Company by exchange of Common Shares, by sale or lease of assets or
otherwise, that, in the opinion of the Plan Administrator, warrants the replacement or amendment of any existing Options in order to adjust: (a) the number of Class B Shares that may be acquired on the exercise of any outstanding Options;
or (b) the Exercise Price of any outstanding Options in order to preserve proportionately the rights and obligations of the Optionees, the Plan Administrator will authorize such steps to be taken as may be equitable and appropriate to that end,
but only to the extent such actions are permitted under Section 409A of the Code. 
  

	5.4	 Immediate Exercise of Awards 

Where the Plan Administrator determines that the steps provided in Sections 5.2 and 5.3 would not preserve proportionately the rights and obligations of the
Optionees in the circumstances or otherwise determines that it is appropriate, the Plan Administrator may permit the immediate exercise of any outstanding Options that are not otherwise exercisable, but only to the extent such actions are permitted
under Section 409A of the Code. 

  
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	5.5	 Issue by Company of Additional Shares 

Except as expressly provided in this Article 5, neither the issue by the Company of shares of any class or securities convertible into or exchangeable for
shares of any class, nor the conversion or exchange of such shares or securities, affects, and no adjustment by reason thereof is to be made with respect to: (a) the number of Class B Shares that may be acquired on the exercise of any
outstanding Options; or (b) the Exercise Price of any outstanding Options. 
  

	5.6	 Conditions of Exercise 

The Plan and each Option are subject to the requirement that if at any time the Plan Administrator determines that the listing, registration or qualification
of the Class B Shares subject to such Option upon any securities exchange or under any provincial, state or federal law, or the consent or approval of any governmental body, securities exchange or of the holders of the Class B Shares
generally, is necessary or desirable, as a condition of, or in connection with, the granting of such Option or the issue or purchase of Class B Shares thereunder, no such Option may be granted or exercised in whole or in part unless such
listing, registration, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Plan Administrator. The Optionees shall, to the extent applicable, cooperate with the Company in relation to such
listing, registration, qualification, consent or other approval and shall have no claim or cause of action against the Company or any of its officers or directors as a result of any failure by the Company to obtain or to take any steps to obtain any
such registration, qualification or approval. 
  

	5.7	 Affiliate Equity Interests 

The Company may determine, in its sole discretion prior to an Optionee’s exercise of an Option, that the Optionee shall, upon exercise of an Option,
exchange or transfer the Class B Shares such Optionee receives on exercise of the Option for equity interests in Parent or another Affiliate of the Company of equivalent value to the Class B Shares underlying the Options and may require
the Optionee to enter into a subscription or transfer agreement and an LLC Agreement or Shareholders Agreement to reflect such transfer or exercise. In an Option Grant evidencing the grant of an Option, the Company may require the Optionee to
consent to execute a power of attorney or similar document providing for the exchange or transfer of the Class B Shares received by the Optionee on the exercise of the Option pursuant to this Section 5.7 and the execution and delivery of
any relevant documents. 
 ARTICLE 6 

MISCELLANEOUS PROVISIONS 
  

	6.1	 Legal Requirement 

The Company is not obligated to grant any Options, issue any Class B Shares or other securities, make any payments or take any other action if, in the
opinion of the Plan Administrator, in its sole discretion, such action would constitute a violation by an Optionee or the Company of any provision of any applicable statutory or regulatory enactment of any government or government agency. 

  
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	6.2	 Optionee’s Entitlement 

Except as otherwise provided in this Plan, Options previously granted under this Plan, whether or not then exercisable, are not affected by any change in the
relationship between, or ownership of, the Company or its subsidiaries. 
  

	6.3	 Withholding Taxes 

The exercise of each Option granted under this Plan is subject to the condition that if at any time the Company determines, in its discretion, that the
satisfaction of withholding tax or other withholding liabilities is required under applicable law in respect of such exercise, such exercise is not effective unless such withholding has been effected to the satisfaction of the Company. In such
circumstances, the Company may require that an Optionee pay to the Company, in addition to and in the same manner as the Exercise Price, such amount as the Company is obliged to remit to the relevant taxing authority in respect of the exercise of
the Option. Any such additional payment is due no later than the date as of which any amount with respect to the Option exercised first becomes includable in the gross income of the Optionee for tax purposes. 

 

	6.4	 Rights of Participant/Optionee 

No Eligible Participant has any claim or right to be granted an Option (including an Option granted in substitution for any Option that has expired pursuant to
the terms of this Plan), and the granting of any Option is not to be construed as giving an Optionee a right to remain in the employ of the Company or any of its subsidiaries or a right to be granted additional Options. No Optionee has any rights as
a shareholder of the Company in respect of Class B Shares issuable on the exercise of rights to acquire Class B Shares under any Option until the allotment and issuance to the Optionee of certificates representing such Class B Shares,
to the extent certificated, or the books and records of the Company are updated to reflect this issuance of shares to the extent that the Company does not certificate Class B Shares. 

 

	6.5	 Termination 

The Board may terminate this Plan at any time without shareholder or Optionee approval. Notwithstanding the foregoing, subject to the discretion of the Plan
Administrator, the termination of this Plan shall have no adverse effect on outstanding Options, which shall continue in effect in accordance with their terms and conditions and the terms and conditions of this Plan. 

 

	6.6	 Indemnification 

Every member of the board of directors of the Company (each, a “Director”) will at all times be indemnified and saved harmless by the Company
from and against all costs, charges and expenses whatsoever including any income tax liability arising from any such indemnification, that such Director may sustain or incur by reason of any action, suit or proceeding, taken or threatened against
the Director, other than by the Company, for or in respect of any act done or omitted by the Director in respect of this Plan, such costs, charges and expenses to include any amount paid to settle such action, suit or proceeding or in satisfaction
of any judgement rendered therein. 

  
 14 

	6.7	 Participation in this Plan 

The participation of any Optionee in this Plan is entirely voluntary and not obligatory and shall not be interpreted as conferring upon such Optionee any
rights or privileges other than those rights and privileges expressly provided in this Plan. In particular, participation in this Plan does not constitute a condition of employment or service nor a commitment on the part of the Company to ensure the
continued employment or service of any Eligible Participant or Optionee. The Plan does not provide any guarantee against any loss which may result from fluctuations in the market value of the Class B Shares. The Company does not assume
responsibility for the personal income or other tax consequences for the Optionees and they are advised to consult with their own tax advisors. 
  

	6.8	 Amendments 

Subject to the rules and policies of any stock exchange on which the Class B Shares are listed, if applicable, the Board may, without notice, at any time
or from time to time, amend this Plan or any provisions hereof in such respects as it, in its sole discretion, determines appropriate. 
  

	6.9	 Corporate Action 

Nothing contained in this Plan or in an Option shall be construed so as to prevent the Company from taking corporate action which is deemed by the Company to
be appropriate or in its best interest, whether or not such action would have an adverse effect on this Plan or any Option, including, with respect to an Option previously granted, any adjustments to the Exercise Price, Exercise Period or number of
Option Shares, provided that any such adjustment is required by any securities exchange or applicable securities laws. 
  

	6.10	 Notices 

Any notice provided for in this Plan or under an Option Grant must be in writing and must be either personally delivered, mailed by first class mail postage
prepaid and return receipt requested or sent by reputable overnight courier service (charges prepaid), or faxed, to the recipient at the addresses set forth below: 

To the Company: 
 Ivy
Holding Corp. 
 c/o Madison Dearborn Partners, LLC 

Three First National Plaza 
 70
W. Madison, Suite 4600 
 Chicago, IL 60602 

Attention:         [**********] 

Facsimile No.: [**********] 

Email:              [**********] 

with copies (which shall not constitute notice) to: 

  
 15 

 Madison Dearborn Partners, LLC 

Three First National Plaza 

Suite 4600 
 Chicago, IL 60602

 Attention:        [**********] 

Facsimile No.: [**********] 

Email:              [**********] 

and 
 Intermedia.net, Inc. 

100 Mathilda Place, Suite 600 

Sunnyvale, CA 94086 
 Attention:
       [**********] 
 Email:             
[**********] 
 and 

Kirkland & Ellis LLP 

300 North LaSalle Street 

Chicago, IL 60654 

Attention:        [**********] 

Facsimile No.: [**********] 

Email:              [**********] 

To any Optionee: 
 To the
latest address of the Optionee on file with the Company. 
 Any notice under this Plan or under an Option Grant shall be deemed to have been given when
personally delivered, one Business Day after being sent by reputable overnight courier service, five days after deposit in the U.S. mail or at such time as it is transmitted via facsimile, with receipt confirmed. 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 16 

 EXHIBIT B 

STOCK OPTION PLAN EXERCISE NOTICE FORM 

I,                 , hereby exercise the
option to purchase                  shares of Class B common stock (each, a “Class B Share”) in the
capital of Ivy Holding Corp. (the “Company”) at a purchase price of $        per Class B Share. This Exercise Notice is delivered in respect of the option to
purchase                 Class B Shares of the Company that was granted to me
on                , 20__ pursuant to the Option Grant entered into between the Company and me. In connection with the foregoing, I enclose cash, a
certified check, bank draft or money order payable to the Company in the amount of $                 as full payment for the Class B
Shares to be received upon exercise of the Option. 
  

											
	 	 		 		 	By:	 	 	 	

							
	Date	 		 	Optionee Name:EX-10.9

 Exhibit 10.9 

INTERMEDIA CLOUD COMMUNICATIONS, INC. 
  

 
 2021
LONG-TERM INCENTIVE PLAN 
  
  

ARTICLE I 
 PURPOSE

 The purpose of this Intermedia Cloud Communications, Inc. 2021 Long-Term Incentive Plan is to promote the success of the
Company’s business for the benefit of its stockholders by enabling the Company to offer Eligible Individuals cash and stock-based incentives in order to attract, retain, and reward such individuals and
strengthen the mutuality of interests between such individuals and the Company’s stockholders. The Plan is effective as of the date set forth in Article XV. 

ARTICLE II 
 DEFINITIONS

 For purposes of the Plan, the following terms shall have the following meanings: 

2.1 “Affiliate” means a corporation or other entity controlled by, controlling, or under control with the
Company. The term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as applied to any person, means the possession, directly or indirectly, of the power to
direct or cause the direction of management and policies of such person, whether through the ownership of voting or other securities, by contract or otherwise. 

2.2 “Applicable Law” means the requirements relating to the administration of equity-based awards and the
related shares under U.S. state corporate law, U.S. federal and state securities laws, the rules of any stock exchange or quotation system on which the shares are listed or quoted, and any other applicable laws, including tax laws, of any U.S. or non-U.S. jurisdictions where Awards are, or will be, granted under the Plan. 
 2.3
“Award” means any award under the Plan of any Stock Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Units, Performance Award, Other Stock-Based Award, or Cash Award. All Awards shall be granted
by, confirmed by, and subject to the terms of a written or electronic agreement executed by the Company and the Participant. 
 2.4
“Award Agreement” means the written or electronic agreement, contract, certificate, or other instrument or document evidencing the terms and conditions of an individual Award. Each Award Agreement shall be subject
to the terms and conditions of the Plan. 
 2.5 “Board” means the Board of Directors of the Company.

 2.6 “Cash Award” means an Award granted pursuant to Section 10.3 of the Plan and payable in
cash at such time or times and subject to such terms and conditions as determined by the Committee in its sole discretion. 

 2.7 “Cause” means, unless otherwise determined by the
Committee in the applicable Award Agreement, with respect to a Participant’s Termination of Service: (a) in the case where there is no employment agreement, offer letter, consulting agreement, change in control agreement, or similar
agreement in effect between the Company or an Affiliate and the Participant at the relevant time of determination (or where there is such agreement in effect but it does not define “cause” (or words of like import)), the Participant’s
(i) commission of, indictment for, or plea of guilty or no contest to, a felony (or state law equivalent) or a crime involving dishonesty or moral turpitude or the commission of any other act involving willful malfeasance or breach of fiduciary
duty with respect to the Company or an Affiliate; (ii) substantial and repeated failure to perform the Participant’s duties or to follow any lawful directive from the Company or any Affiliate; (iii) conduct that brings or is
reasonably likely to bring the Company or an Affiliate negative publicity or into public disgrace, embarrassment, or disrepute; (iv) fraud, theft, embezzlement, gross negligence or willful misconduct with respect to the Company or an Affiliate;
(v) violation of the Company’s or an Affiliate’s written policies or codes of conduct, including written policies related to discrimination, harassment, retaliation, performance of illegal or unethical activities, or ethical
misconduct; or (vi) breach of any agreement with the Company or any Affiliate, including, without limitation, any non-competition, non-solicitation, no-hire, or confidentiality covenant between the Participant and the Company or an Affiliate; or (b) in the case where there is an employment agreement, offer letter, consulting agreement, change in control
agreement, or similar agreement in effect between the Company or an Affiliate and the Participant at the time of the grant of the Award that defines “cause” (or words of like import), “cause” as defined under such agreement. 

2.8 “Change in Control” means and includes each of the following, unless otherwise determined by
the Committee in the applicable Award Agreement or other written agreement with a Participant approved by the Committee: 
 (a) any
“person,” as such term is used in Sections 13(d) and 14(d) of the Exchange Act (other than the Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, or any company owned, directly or
indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of the Company), becoming the beneficial owner (as defined in Rule 13d-3 under the Exchange Act),
directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding securities, excluding for purposes herein, acquisitions pursuant to a Business Combination (as defined
below) that does not constitute a Change in Control as defined in Section 2.8(b); 
 (b) a merger, reorganization, or consolidation of
the Company or in which equity securities of the Company are issued (each, a “Business Combination”), other than a merger, reorganization, or consolidation which would result in the voting securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its direct or indirect Parent) more than 50% of the combined voting power of the voting
securities of the Company or such surviving entity (or, as applicable, a direct or indirect Parent of the Company or such surviving entity) outstanding immediately after such merger or consolidation; provided, however, that a merger or
consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no person (other than those covered by the exceptions in Section 2.8(a)) acquires more than

  
 2 

 
50% of the combined voting power of the Company’s then outstanding securities shall not constitute a Change in Control; or a merger or consolidation of the Company with any other entity,
other than a merger or consolidation that would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the
surviving entity or its direct or indirect Parent) more than 50% of the combined voting power of the voting securities of the Company or such surviving entity (or, as applicable, a direct or indirect Parent of the Company or such surviving entity)
outstanding immediately after such merger or consolidation; provided, however, that a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no person (other than those covered by the
exceptions in Section 2.8(a)) acquires more than 50% of the combined voting power of the Company’s then outstanding securities shall not constitute a Change in Control; 

(c) during the period of two consecutive years, individuals who, at the beginning of such period, constitute the Board together with any new
director(s) (other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in Section 2.8(a) or 2.8(b)) whose election by the Board or nomination for election by the
Company’s stockholders was approved by a vote of at least a majority of the directors then still in office who either were directors at the beginning of the two year period or whose election or nomination for election was previously so
approved, cease for any reason to constitute a majority thereof; or 
 (d) a complete liquidation or dissolution of the Company or the
consummation of a sale or disposition by the Company of all or substantially all of the Company’s assets other than the sale or disposition of all or substantially all of the assets of the Company to a person or persons who beneficially own,
directly or indirectly, 50% or more of the combined voting power of the outstanding voting securities of the Company at the time of the sale. 
 For
purposes of this Section 2.8, acquisitions or dispositions of securities of the Company by Madison Dearborn Partners, LLC, any of its respective Affiliates, or any investment vehicle or fund controlled by or managed by, or otherwise affiliated
with Madison Dearborn Partners, LLC shall not constitute a Change in Control. Notwithstanding the foregoing, with respect to any Award that is characterized as “nonqualified deferred compensation” within the meaning of Section 409A of
the Code, an event shall not be considered to be a Change in Control under the Plan for purposes of payment of such Award unless such event is also a “change in ownership,” a “change in effective control,” or a “change in
the ownership of a substantial portion of the assets” of the Company within the meaning of Section 409A of the Code. 
 2.9
“Change in Control Price” means the highest price per Share paid in any transaction related to a Change in Control as determined by the Committee in its discretion. 

2.10 “Code” means the U.S. Internal Revenue Code of 1986, as amended from time to time. Any reference to
any section of the Code shall also be a reference to any successor provision and any guidance and treasury regulation promulgated thereunder. 

  
 3 

 2.11 “Committee” means any committee of the Board duly
authorized by the Board to administer the Plan; provided, however, that unless otherwise determined by the Board, the Committee shall consist solely of two or more Qualified Members. If no committee is duly authorized by the Board to
administer the Plan, the term “Committee” shall be deemed to refer to the Board for all purposes under the Plan. The Board may abolish any Committee or re-vest in itself any previously delegated
authority from time to time, and will retain the right to exercise the authority of the Committee to the extent consistent with Applicable Law. 

2.12 “Common Stock” means the common stock, $0.001 par value per share, of the Company. 

2.13 “Company” means Intermedia Cloud Communications, Inc., a Delaware corporation, and its successors by
operation of law. 
 2.14 “Consultant” means any natural person who is an advisor or consultant or
other service provider to the Company or any of its Affiliates. 
 2.15 “Disability” means, unless
otherwise determined by the Committee in the applicable Award Agreement, with respect to a Participant’s Termination of Service, that the Participant is unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment, provided, however, for purposes of an Incentive Stock Option, the term Disability shall have the meaning ascribed to it under Section 22(e)(3) of the Code. The determination of whether an
individual has a Disability shall be determined by the Committee, and the Committee may rely on any determination that a Participant is disabled for purposes of benefits under any long-term disability plan in which a Participant participates that is
maintained by the Company or any Affiliate. 
 2.16 “Dividend Equivalents” means a right granted to a
Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares. 
 2.17
“Effective Date” means the effective date of the Plan as defined in Article XV. 
 2.18
“Eligible Employees” means each employee of the Company or any of its Affiliates. An employee on a leave of absence may be an Eligible Employee. 

2.19 “Eligible Individual” means an Eligible Employee,
Non-Employee Director, or Consultant who is designated by the Committee in its discretion as eligible to receive Awards subject to the conditions set forth herein. 

2.20 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time. Reference to
a specific section of the Exchange Act or regulation thereunder shall include such section or regulation, any valid regulation or interpretation promulgated under such section, and any comparable provision of any future legislation or regulation
amending, supplementing, or superseding such section or regulation. 

  
 4 

 2.21 “Fair Market Value” means, for purposes of the
Plan, unless otherwise required by any applicable provision of the Code or any regulations issued thereunder, as of any date and except as provided below, the last sales price reported for the Common Stock on the applicable date: (a) as
reported on the principal national securities exchange in the United States on which it is then traded or (b) if the Common Stock is not traded, listed, or otherwise reported or quoted, the Committee shall determine in good faith the Fair
Market Value in whatever manner it considers appropriate taking into account the requirements of Section 409A of the Code. For purposes of the exercise of any Award, the applicable date shall be the date a notice of exercise is received by the
Committee or, if not a date on which the applicable market is open, the next day that it is open. Notwithstanding the foregoing, with respect to any Award granted on the pricing date of the Company’s initial public offering, the Fair Market
Value shall mean the initial public offering price of a Share as set forth in the Company’s final prospectus relating to its initial public offering filed with the Securities and Exchange Commission. 

2.22 “Family Member” means “family member” as defined in Section A.1.(a)(5) of the general
instructions of Form S-8. 
 2.23 “Incentive Stock Option”
means any Stock Option that is awarded to an Eligible Employee who is an employee of the Company, its Subsidiaries, or its Parents (if any) under the Plan and that is intended to be, and designated as, an “Incentive Stock Option” within
the meaning of Section 422 of the Code. 
 2.24 “Non-Employee
Director” means a director or a member of the Board of the Company who is not an employee of the Company. 
 2.25
“Non-Qualified Stock Option” means any Stock Option awarded under the Plan that is not an Incentive Stock Option. 

2.26 “Other Stock-Based Award” means an Award under Article X of the Plan that is valued in whole or in
part by reference to, or is payable in or otherwise based on, Shares. 
 2.27 “Parent” means any parent
corporation of the Company within the meaning of Section 424(e) of the Code. 
 2.28 “Participant”
means an Eligible Individual to whom an Award has been granted pursuant to the Plan. 
 2.29 “Performance
Award” means an Award granted to a Participant pursuant to Article IX hereof contingent upon achieving certain Performance Goals. 

2.30 “Performance Goals” means goals established by the Committee as contingencies for Awards to vest
and/or become exercisable or distributable. 
 2.31 “Performance Period” means the designated period
during which the Performance Goals must be satisfied with respect to the Award to which the Performance Goals relate. 
 2.32
“Plan” means this Intermedia Cloud Communications, Inc. 2021 Long-Term Incentive Plan, as amended from time to time. 

  
 5 

 2.33 “Qualified Member” means a member of the Board
who is (a) a “non-employee director” within the meaning of Rule 16b-3(b)(3), and (b) “independent” under the listing standards or rules of the
securities exchange upon which the Common Stock is traded, but only to the extent such independence is required to take the action at issue pursuant to such standards or rules. 

2.34 “Reference Stock Option” has the meaning set forth in Section 7.1. 

2.35 “Restricted Stock” means an Award of Shares under the Plan that is subject to restrictions under
Article VIII. 
 2.36 “Restricted Stock Units” means an unfunded, unsecured right to receive, on the
applicable settlement date, one Share or an amount in cash or other consideration determined by the Committee to be of equal value as of such settlement date, subject to certain vesting conditions and other restrictions. 

2.37 “Restriction Period” has the meaning set forth in Section 8.3(a) with respect to Restricted
Stock. 
 2.38 “Rule 16b-3” means Rule 16b-3 under Section 16(b) of the Exchange Act as then in effect or any successor provision. 
 2.39
“Section 409A of the Code” means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official
guidance thereunder. 
 2.40 “Securities Act” means the Securities Act of 1933, as amended, and all
rules and regulations promulgated thereunder. Reference to a specific section of the Securities Act or regulation thereunder shall include such section or regulation, any valid regulation or interpretation promulgated under such section, and any
comparable provision of any future legislation or regulation amending, supplementing, or superseding such section or regulation. 
 2.41
“Shares” means shares of Common Stock. 
 2.42 “Stock Appreciation
Right” shall mean the right pursuant to an Award granted under Article VII. 
 2.43 “Stock
Option” or “Option” means any option to purchase Shares granted to Eligible Individuals granted pursuant to Article VI. 

2.44 “Subsidiary” means any subsidiary corporation of the Company within the meaning of
Section 424(f) of the Code. 
 2.45 “Ten Percent Stockholder” means a person owning, as of the
applicable date of determination, stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company, its Subsidiaries or its Parent. 

  
 6 

 2.46 “Termination of Service” means the termination of
the applicable Participant’s employment with, or performance of services for, the Company and its Affiliates. Unless otherwise determined by the Committee, (a) if a Participant’s employment or services with the Company and its
Affiliates terminates but such Participant continues to provide services to the Company and its Affiliates in a non-employee capacity, such change in status shall not be deemed a Termination of Service with
the Company and its Affiliates and (b) a Participant employed by, or performing services for, an Affiliate that ceases to be an Affiliate shall also be deemed to have incurred a Termination of Service provided the Participant does not
immediately thereafter become an employee of the Company or another Affiliate. Notwithstanding the foregoing provisions of this definition, with respect to any Award that constitutes a “nonqualified deferred compensation plan” within the
meaning of Section 409A of the Code, a Participant shall not be considered to have experienced a “Termination of Service” unless the Participant has experienced a “separation from service” within the meaning of
Section 409A of the Code. 
 ARTICLE III 

ADMINISTRATION 
 3.1
Authority of the Committee. The Plan shall be administered by the Committee. Subject to the terms of the Plan and Applicable Law, the Committee shall have full authority to grant Awards to Eligible Individuals under the
Plan. In particular, the Committee shall have the authority to: 
 (a) determine whether and to what extent Awards, or any combination
thereof, are to be granted hereunder to one or more Eligible Individuals; 
 (b) determine the number of Shares to be covered by each Award
granted hereunder; 
 (c) determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder
(including, but not limited to, the exercise or purchase price (if any), any restriction or limitation, any vesting schedule or acceleration thereof, or any forfeiture restrictions or waiver thereof, regarding any Award and the Shares relating
thereto, based on such factors, if any, as the Committee shall determine, in its sole discretion); 
 (d) determine the amount of cash to be
covered by each Award granted hereunder; 
 (e) determine whether, to what extent, and under what circumstances grants of Options and other
Awards under the Plan are to operate on a tandem basis and/or in conjunction with or apart from other awards made by the Company outside of the Plan; 

(f) determine whether and under what circumstances an Award may be settled in cash, Shares, other property, or a combination of the foregoing;

 (g) determine whether, to what extent, and under what circumstances cash, Shares, or other property and other amounts payable with respect
to an Award under the Plan shall be deferred either automatically or at the election of the Participant; 

  
 7 

 (h) modify, waive, amend, or adjust the terms and conditions of any Award, at any time or
from time to time, including, but not limited to, Performance Goals; 
 (i) determine whether a Stock Option is an Incentive Stock Option or Non-Qualified Stock Option; 
 (j) determine whether to require a Participant, as a condition of the
granting of any Award, to not sell or otherwise dispose of Shares acquired pursuant to the exercise or vesting of an Award for a period of time as determined by the Committee, in its sole discretion, following the date of the acquisition of such
Award or Shares; and 
 (k) modify, extend, or renew an Award, subject to Article XII and Section 6.3(l). 

3.2 Guidelines. Subject to Article XII hereof, the Committee shall have the authority to adopt, alter, and repeal such
administrative rules, guidelines, and practices governing the Plan and perform all acts, including the delegation of its responsibilities (to the extent permitted by Applicable Law and applicable stock exchange rules), as it shall, from time to
time, deem advisable; to construe and interpret the terms and provisions of the Plan and any Award issued under the Plan (and any agreements or sub-plans relating thereto); and to otherwise supervise the
administration of the Plan. The Committee may correct any defect, supply any omission, or reconcile any inconsistency in the Plan or in any agreement relating thereto in the manner and to the extent it shall deem necessary to effectuate the purpose
and intent of the Plan. The Committee may adopt special rules, sub-plans, guidelines, and provisions for persons who are residing in or employed in, or subject to, the taxes of any domestic or foreign
jurisdictions to satisfy or accommodate applicable foreign laws or to qualify for preferred tax treatment of such domestic or foreign jurisdictions. 

3.3 Decisions Final. Any decision, interpretation, or other action made or taken in good faith by or at the direction of
the Company, the Board, or the Committee (or any of its members) arising out of or in connection with the Plan shall be within the absolute discretion of all and each of them, as the case may be, and shall be final, binding, and conclusive on the
Company and all employees and Participants and their respective heirs, executors, administrators, successors, and assigns. 
 3.4
Procedures. If the Committee is appointed, the Board shall designate one of the members of the Committee as chairman and the Committee shall hold meetings, subject to the by-laws of the
Company, at such times and places as it shall deem advisable, including, without limitation, by telephone conference or by written consent to the extent permitted by Applicable Law. A majority of the Committee members shall constitute a quorum. All
determinations of the Committee shall be made by a majority of its members. Any decision or determination reduced to writing and signed by all of the Committee members in accordance with the by-laws of the
Company, shall be fully effective as if it had been made by a vote at a meeting duly called and held. The Committee shall make such rules and regulations for the conduct of its business as it shall deem advisable. 

  
 8 

 3.5 Designation of Consultants/Liability; Delegation of Authority. 

(a) The Committee may designate employees of the Company and professional advisors to assist the Committee in the administration of the Plan
and (to the extent permitted by Applicable Law) may grant authority to officers of the Company to grant Awards and/or execute agreements or other documents on behalf of the Committee. 

(b) The Committee may employ such legal counsel, consultants, and agents as it may deem desirable for the administration of the Plan and may
rely upon any opinion received from any such counsel or consultant and any computation received from any such consultant or agent. Expenses incurred by the Committee or the Board in the engagement of any such counsel, consultant, or agent shall be
paid by the Company. The Committee, its members, and any person designated pursuant to subsection (a) above shall not be liable for any action or determination made in good faith with respect to the Plan. To the maximum extent permitted by
Applicable Law, no officer of the Company or member or former member of the Committee or of the Board shall be liable for any action or determination made in good faith with respect to the Plan or any Award granted under it. 

(c) The Committee may delegate any or all of its powers and duties under the Plan to a subcommittee of directors or to any officer of the
Company, including the power to perform administrative functions and grant Awards; provided that such delegation does not (i) violate Applicable Law, or (ii) result in the loss of an exemption under Rule 16b-3(d)(1) for Awards granted to Participants subject to Section 16 of the Exchange Act in respect of the Company. Upon any such delegation, all references in the Plan to the “Committee,” shall be
deemed to include any subcommittee or officer of the Company to whom such powers have been delegated by the Committee. Any such delegation shall not limit the right of such subcommittee members or such an officer to receive Awards. The Committee may
also appoint agents who are not executive officers of the Company or members of the Board to assist in administering the Plan, provided, however, that such individuals may not be delegated the authority to grant or modify any Awards
that will, or may, be settled in Shares. 
 3.6 Indemnification. To the maximum extent permitted by Applicable Law and
to the extent not covered by insurance directly insuring such person, each officer or employee of the Company or any of its Affiliates and member or former member of the Committee or the Board shall be indemnified and held harmless by the Company
against any cost or expense (including reasonable fees of counsel acceptable to the Committee) or liability (including any sum paid in settlement of a claim with the approval of the Committee), and advanced amounts necessary to pay the foregoing at
the earliest time and to the fullest extent permitted, arising out of any act or omission to act in connection with the administration of the Plan, except to the extent arising out of such officer’s, employee’s, member’s, or former
member’s own fraud or bad faith. Such indemnification shall be in addition to any right of indemnification the employees, officers, directors, or members or former officers, directors, or members may have under Applicable Law or under the by-laws of the Company or any of its Affiliates. Notwithstanding anything else herein, this indemnification will not apply to the actions or determinations made by an individual with regard to Awards granted to such
individual under the Plan. 

  
 9 

 ARTICLE IV 

SHARE LIMITATION 
 4.1
Shares. The aggregate number of Shares that may be issued or used for reference purposes or with respect to which Awards may be granted under the Plan shall not exceed Shares (subject to any increase or decrease pursuant to this
Article IV), which may be either authorized and unissued Shares or Shares held in or acquired for the treasury of the Company or both. The number of Shares that may be issued or used for reference purposes or with respect to which Awards may be
granted under the Plan shall be subject to an annual increase on January 1 of each calendar year during the term of the Plan, equal to the lesser of
(a)            %         of         the aggregate number of Shares outstanding on the final day of the
immediately preceding calendar year and (b) such smaller number of Shares as is determined by the Board. The aggregate number of Shares that may be issued or used with respect to any Incentive Stock Option shall not
exceed            Shares (subject to any increase or decrease pursuant to Section 4.3). The maximum number of Shares subject to Awards granted during a single fiscal year to any Non-Employee Director, taken together with any cash fees paid to that Non-Employee Director during the fiscal year and the value of awards granted to the Non-Employee Director under any other equity compensation plan of the Company during the fiscal year, shall not exceed a total value of
$            (calculating the value of any Awards based on the grant date fair value for financial reporting purposes), provided that, for any fiscal year in which a Non-Employee Director (i) first commences service on the Board, (ii) serves on a special committee of the Board, or (iii) serves as lead director or chairman of the Board, such limit shall be
$            . Any Award under the Plan settled in cash shall not be counted against the foregoing maximum share limitations. Notwithstanding anything to the contrary contained herein,
Shares subject to an Award under the Plan shall again be made available for issuance or delivery under the Plan if such Shares are (A) Shares tendered in payment of an Option, (B) Shares delivered or withheld by the Company to satisfy any
tax withholding obligation, (C) Shares covered by a stock-settled Stock Appreciation Right or other Awards that were not issued upon the settlement of the Award, or (D) Shares subject to an Award that expires or is canceled, forfeited, or
terminated without issuance of the full number of Shares to which the Award related. 
 4.2 Substitute Awards. In
connection with an entity’s merger or consolidation with the Company or the Company’s acquisition of an entity’s property or stock, the Committee may grant Awards in substitution for any options or other stock or stock-based awards
granted before such merger or consolidation by such entity or its Affiliate (“Substitute Awards”). Substitute Awards may be granted on such terms as the Committee deems appropriate, notwithstanding limitations on Awards in the Plan.
Substitute Awards will not count against the overall share limit (nor shall Shares subject to a Substitute Award be added to the Shares available for Awards under the Plan as provided above), except that Shares acquired by exercise of substitute
Incentive Stock Options will count against the maximum number of Shares that may be issued pursuant to the exercise of Incentive Stock Options under the Plan. Additionally, in the event that a company acquired by the Company or any Subsidiary or
with which the Company or any Subsidiary combines has shares available under a pre-existing plan approved by stockholders and not adopted in contemplation of such acquisition or combination, the shares
available for grants pursuant to the terms of such pre-existing plan (as adjusted, to the extent appropriate, using the exchange ratio or other adjustment or valuation ratio or formula used in such acquisition
or combination to determine the consideration 

  
 10 

 
payable to the holders of common stock of the entities party to such acquisition or combination) may be used for Awards under the Plan and shall not reduce the Shares authorized for grant under
the Plan (and Shares subject to such Awards shall not be added to the Shares available for Awards under the Plan as provided above); provided that Awards using such available shares shall not be made after the date awards or grants could have been
made under the terms of the pre-existing plan, absent the acquisition or combination, and shall only be made to individuals who were not Eligible Employees or
Non-Employee Directors prior to such acquisition or combination. 
 4.3
Adjustments. 
 (a) The existence of the Plan and the Awards granted hereunder shall not affect in any way the right or
power of the Board or the stockholders of the Company to make or authorize (i) any adjustment, recapitalization, reorganization, or other change in the Company’s capital structure or its business, (ii) any merger or consolidation of
the Company or any Affiliate, (iii) any issuance of bonds, debentures, or preferred or prior preference stock ahead of or affecting the Shares, (iv) the dissolution or liquidation of the Company or any Affiliate, (v) any sale or
transfer of all or part of the assets or business of the Company or any Affiliate, or (vi) any other corporate act or proceeding. 
 (b)
Subject to the provisions of Section 11.1: 
 (i) If the Company at any time subdivides (by any split, recapitalization, or otherwise)
the outstanding Shares into a greater number of Shares, or combines (by reverse split, combination, or otherwise) its outstanding Shares into a lesser number of Shares, then the respective exercise prices for outstanding Awards that provide for a
Participant-elected exercise and the number of Shares covered by outstanding Awards shall be appropriately adjusted by the Committee to prevent dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 

(ii) Excepting transactions covered by Section 4.3(b)(i), if the Company effects any merger, consolidation, statutory exchange, spin-off, reorganization, sale or transfer of all or substantially all the Company’s assets or business, or other corporate transaction or event in such a manner that the Company’s outstanding Shares are
converted into the right to receive (or the holders of Common Stock are entitled to receive in exchange therefor), either immediately or upon liquidation of the Company, securities or other property of the Company or other entity, then, subject to
the provisions of Section 11.1, (A) the aggregate number or kind of securities that thereafter may be issued under the Plan, (B) the number or kind of securities or other property (including cash) to be issued pursuant to Awards granted
under the Plan (including as a result of the assumption of the Plan and the obligations hereunder by a successor entity, as applicable), or (C) the exercise or purchase price thereof, shall be appropriately adjusted by the Committee to prevent
dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 
 (iii) If there shall occur any change in
the capital structure of the Company other than those covered by Section 4.3(b)(i) or 4.3(b)(ii), any conversion, any adjustment, or any issuance of any class of securities convertible or exercisable into, or exercisable for, any class of
equity securities of the Company, then the Committee shall adjust any Award and make such other adjustments to the Plan to prevent dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 

  
 11 

 (iv) The Committee may adjust the Performance Goals applicable to any Awards to reflect any
unusual or non-recurring events and other extraordinary items, impact of charges for restructurings, discontinued operations, and the cumulative effects of accounting or tax changes, each as defined by
generally accepted accounting principles or as identified in the Company’s financial statements, notes to the financial statements, management’s discussion and analysis, or other Company public filing. 

(v) Any such adjustment determined by the Committee pursuant to this Section 4.3(b) shall be final, binding, and conclusive on the
Company and all Participants and their respective heirs, executors, administrators, successors, and permitted assigns. Any adjustment to, or assumption or substitution of, an Award under this Section 4.3(b) shall be intended to comply with the
requirements of Section 409A of the Code and Treasury Regulation §1.424-1 (and any amendments thereto), to the extent applicable. Except as expressly provided in this Section 4.3 or in the
applicable Award Agreement, a Participant shall have no additional rights under the Plan by reason of any transaction or event described in this Section 4.3. 

ARTICLE V 
 ELIGIBILITY

 5.1 General Eligibility. All current and prospective Eligible Individuals are eligible to be granted Awards.
Eligibility for the grant of Awards and actual participation in the Plan shall be determined by the Committee in its sole discretion. 

5.2 Incentive Stock Options. Notwithstanding the foregoing, only Eligible Employees who are employees of the Company, its
Subsidiaries, or its Parents (if any) are eligible to be granted Incentive Stock Options under the Plan. Eligibility for the grant of an Incentive Stock Option and actual participation in the Plan shall be determined by the Committee in its sole
discretion. 
 5.3 General Requirement. The vesting and exercise of Awards granted to a prospective Eligible Individual
are conditioned upon such individual actually becoming an Eligible Employee, Consultant, or Non-Employee Director, as applicable. 

ARTICLE VI 
 STOCK
OPTIONS 
 6.1 Options. Stock Options may be granted alone or in addition to other Awards granted under the Plan.
Each Stock Option granted under the Plan shall be of one of two types: (a) an Incentive Stock Option or (b) a Non-Qualified Stock Option. 

6.2 Grants. The Committee shall have the authority to grant to any Eligible Employee one or more Incentive Stock Options, Non-Qualified Stock Options, or both types of Stock Options; provided, however, that Incentive Stock Options may only be granted to an Eligible Employee who is an employee of the Company, its Subsidiaries, or its
Parents (if any). The Committee shall have the authority to grant any Consultant or Non-Employee Director one or more Non-Qualified Stock Options. To the extent that any
Stock Option does not qualify as an Incentive Stock Option (whether because of its provisions or the time or manner of its exercise or otherwise), such Stock Option or the portion thereof which does not so qualify shall constitute a separate Non-Qualified Stock Option. 

  
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 6.3 Terms of Options. Options granted under the Plan shall be evidenced
by an Award Agreement and subject to the following terms and conditions and shall be in such form and contain such additional terms and conditions not inconsistent with the terms of the Plan, as the Committee shall deem desirable: 

(a) Exercise Price. The exercise price per Share subject to a Stock Option shall be determined by the Committee at the time of grant,
provided that the per share exercise price of a Stock Option shall not be less than 100% (or, in the case of an Incentive Stock Option granted to a Ten Percent Stockholder, 110%) of the Fair Market Value at the time of grant. 

(b) Stock Option Term. The term of each Stock Option shall be fixed by the Committee, provided that no Stock Option shall be
exercisable more than 10 years (or, in the case of an Incentive Stock Option granted to a Ten Percent Stockholder, five years) after the date the Option is granted. 

(c) Exercisability. Unless otherwise provided by the Committee in accordance with the provisions of this Section 6.3, Stock Options
granted under the Plan shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee at the time of grant. The Committee may, but shall not be required to, provide for an acceleration of
vesting and exercisability in the terms of any Award Agreement upon the occurrence of a specified event. 
 (d) Method of Exercise.
Subject to whatever installment exercise and waiting period provisions apply under Section 6.3(c), to the extent vested, Stock Options may be exercised in whole or in part at any time during the Option term, by giving written notice of exercise
(which may be electronic) to the Company specifying the number of Shares to be purchased. Such notice shall be accompanied by payment in full of the exercise price (which shall equal the product of such number of Shares to be purchased multiplied by
the applicable exercise price). The exercise price for the Stock Options may be paid upon such terms and conditions as shall be established by the Committee and set forth in the applicable Award Agreement. Without limiting the foregoing, the
Committee may establish payment terms for the exercise of Stock Options pursuant to which the Company may withhold a number of Shares that otherwise would be issued to the Participant in connection with the exercise of the Stock Option having a Fair
Market Value on the date of exercise equal to the exercise price, or that permit the Participant to deliver cash or Shares with a Fair Market Value equal to the exercise price on the date of payment, or through a simultaneous sale through a broker
of Shares acquired on exercise, all as permitted by Applicable Law. No Shares shall be issued until payment therefor, as provided herein, has been made or provided for by the Participant. 

  
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 (e) Non-Transferability of Options. No Stock
Option shall be transferable by the Participant other than by will or by the laws of descent and distribution, and all Stock Options shall be exercisable, during the Participant’s lifetime, only by the Participant. Notwithstanding the
foregoing, the Committee may determine, in its sole discretion, at the time of grant or thereafter that a Non-Qualified Stock Option that is otherwise not transferable pursuant to this Section 6.3(e) is
transferable to a Family Member in whole or in part and in such circumstances, and under such conditions, as specified by the Committee. A Non-Qualified Stock Option that is transferred to a Family Member
pursuant to the preceding sentence (i) may not be subsequently transferred other than by will or by the laws of descent and distribution and (ii) remains subject to the terms of the Plan and the applicable Award Agreement. Any Shares
acquired upon the exercise of a Non-Qualified Stock Option by a permissible transferee of a Non-Qualified Stock Option or a permissible transferee pursuant to a transfer
after the exercise of the Non-Qualified Stock Option shall be subject to the terms of the Plan and the applicable Award Agreement. 

(f) Termination by Death or Disability. Unless otherwise provided in the applicable Award Agreement, or otherwise determined by the
Committee at the time of grant or, if no rights of the Participant are reduced, thereafter, if a Participant’s Termination of Service is by reason of death or Disability, all Stock Options that are held by such Participant that are vested and
exercisable at the time of the Participant’s Termination of Service may be exercised by the Participant (or in the case of the Participant’s death, by the legal representative of the Participant’s estate) at any time within a period
of one year from the date of such Termination of Service, but in no event beyond the expiration of the stated term of such Stock Options; provided, however, that, in the event of a Participant’s Termination of Service by reason of
Disability, if the Participant dies within such exercise period, all unexercised Stock Options held by such Participant shall thereafter be exercisable, to the extent to which they were exercisable at the time of death, for a period of one year from
the date of such death, but in no event beyond the expiration of the stated term of such Stock Options. 
 (g) Involuntary Termination
Without Cause. Unless otherwise provided in the applicable Award Agreement or otherwise determined by the Committee at the time of grant or, if no rights of the Participant are reduced, thereafter, if a Participant’s Termination of Service
is by involuntary termination by the Company without Cause, all Stock Options that are held by such Participant that are vested and exercisable at the time of the Participant’s Termination of Service may be exercised by the Participant at any
time within a period of 90 days from the date of such Termination of Service, but in no event beyond the expiration of the stated term of such Stock Options. 

(h) Voluntary Resignation. Unless otherwise provided in the applicable Award Agreement or otherwise determined by the Committee at the
time of grant or, if no rights of the Participant are reduced, thereafter, if a Participant’s Termination of Service is voluntary (other than a voluntary termination described in Section 6.3(i) hereof), all Stock Options that are held by
such Participant that are vested and exercisable at the time of the Participant’s Termination of Service may be exercised by the Participant at any time within a period of 30 days from the date of such Termination of Service, but in no event
beyond the expiration of the stated term of such Stock Options. 

  
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 (i) Termination for Cause. Unless otherwise provided in the applicable Award
Agreement or determined by the Committee at the time of grant or, if no rights of the Participant are reduced, thereafter, if a Participant’s Termination of Service (A) is for Cause or (B) is a voluntary Termination of Service (as
provided in Section 6.3(h)) after the occurrence of an event that would be grounds for a Termination of Service for Cause, all Stock Options, whether vested or not vested, that are held by such Participant shall thereupon immediately terminate
and expire as of the date of such Termination of Service. 
 (j) Unvested Stock Options. Unless otherwise provided in the applicable
Award Agreement or determined by the Committee at the time of grant or, if no rights of the Participant are reduced, thereafter, Stock Options that are not vested as of the date of a Participant’s Termination of Service for any reason shall
terminate and expire as of the date of such Termination of Service. 
 (k) Incentive Stock Option Limitations. To the extent that the
aggregate Fair Market Value (determined as of the time of grant) of the Shares with respect to which Incentive Stock Options are exercisable for the first time by an Eligible Employee during any calendar year under the Plan and/or any other stock
option plan of the Company, any Subsidiary, or any Parent exceeds $100,000, such Options shall be treated as Non-Qualified Stock Options. In addition, if an Eligible Employee does not remain employed by the
Company, any Subsidiary, or any Parent at all times from the time an Incentive Stock Option is granted until three months prior to the date of exercise thereof (or such other period as required by Applicable Law), such Stock Option shall be treated
as a Non-Qualified Stock Option. Should any provision of the Plan not be necessary in order for the Stock Options to qualify as Incentive Stock Options, or should any additional provisions be required, the
Committee may amend the Plan accordingly, without the necessity of obtaining the approval of the stockholders of the Company. 
 (l)
Modification, Extension, and Renewal of Stock Options. The Committee may (i) modify, extend, or renew outstanding Stock Options granted under the Plan (provided that the rights of a Participant are not reduced without such
Participant’s consent and provided, further, that such action does not subject the Stock Options to Section 409A of the Code without the consent of the Participant), and (ii) accept the surrender of outstanding Stock
Options (to the extent not theretofore exercised) and authorize the granting of new Stock Options in substitution therefor (to the extent not theretofore exercised). Notwithstanding the foregoing, an outstanding Option may not be modified to reduce
the exercise price thereof nor may a new Option at a lower price be substituted for a surrendered Option (other than adjustments or substitutions in accordance with Article IV), unless such action is approved by the stockholders of the Company. 

(m) Other Terms and Conditions. The Committee may include a provision in an Award Agreement providing for the automatic exercise of a Non-Qualified Stock Option on a cashless basis on the last day of the term of such Option if the Participant has failed to exercise the Non-Qualified Stock Option as of such
date, with respect to which the Fair Market Value of the Shares underlying the Non-Qualified Stock Option exceeds the exercise price of such Non-Qualified Stock Option
on the date of expiration of such Option, subject to Section 14.4. Stock Options may contain such other provisions, which shall not be inconsistent with any of the terms of the Plan, as the Committee shall deem appropriate. 

  
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 ARTICLE VII 

STOCK APPRECIATION RIGHTS 

7.1 Stock Appreciation Rights. Stock Appreciation Rights may be granted alone (“Free Standing Stock Appreciation
Right”) or in conjunction with all or part of any Stock Option (a “Reference Stock Option”) granted under the Plan (“Tandem Stock Appreciation Rights”). In the case of a
Non-Qualified Stock Option, such rights may be granted either at or after the time of the grant of such Reference Stock Option. In the case of an Incentive Stock Option, such rights may be granted only at the
time of the grant of such Reference Stock Option. 
 7.2 Terms of Stock Appreciation Rights. Stock Appreciation Rights
granted under the Plan shall be evidenced by an Award Agreement and subject to the following terms and conditions and shall be in such form and contain such additional terms not inconsistent with the terms of the Plan, as the Committee shall deem
desirable: 
 (a) Exercise Price. The exercise price per Share subject to a Stock Appreciation Right shall be determined by the
Committee at the time of grant, provided that the per Share exercise price of a Stock Appreciation Right shall not be less than 100% of the Fair Market Value at the time of grant, and provided, further, that the per share
exercise price of a Tandem Stock Appreciation Right shall not be less than the per share exercise price of the Reference Stock Option. 
 (b)
Term. The term of each Free Standing Stock Appreciation Right shall be fixed by the Committee, but shall not be greater than 10 years after the date the right is granted. A Tandem Stock Appreciation Right or applicable portion thereof granted
with respect to a Reference Stock Option shall terminate and no longer be exercisable upon the termination or exercise of the Reference Stock Option, except that, unless otherwise determined by the Committee, in its sole discretion, at the time of
grant, a Tandem Stock Appreciation Right granted with respect to less than the full number of Shares covered by the Reference Stock Option shall not be reduced until, and then only to the extent that the exercise or termination of the Reference
Stock Option causes, the number of Shares covered by the Tandem Stock Appreciation Right to exceed the number of Shares remaining available and unexercised under the Reference Stock Option. 

(c) Exercisability. Unless otherwise provided by the Committee, Free Standing Stock Appreciation Rights granted under the Plan shall be
exercised at such time or times and subject to such terms and conditions as shall be determined by the Committee at the time of grant. The Committee may, but shall not be required to, provide for an acceleration of vesting and exercisability in
terms of any Award Agreement upon the occurrence of a specified event. A Tandem Stock Appreciation Right shall be exercisable only at such time or times and to the extent that the Reference Stock Options to which they relate shall be exercisable in
accordance with the provisions of Article VI, and shall be subject to the provisions of Section 6.3(c). 

  
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 (d) Method of Exercise. Subject to whatever installment and waiting period provisions
applied under Section 6.3(c), to the extent vested, a Free Standing Stock Appreciation Right may be exercised in whole or in part at any time in accordance with the applicable Award Agreement, by given written notice of exercise (which may be
electronic) to the Company specifying the number of Stock Appreciation Rights being exercised. A Tandem Stock Appreciation Right may be exercised by the Participant by surrendering the applicable portion of the Reference Stock Option. Upon such
exercise and surrender, the Participant shall be entitled to receive an amount determined in the manner prescribed in this Section 7.2. Stock Options that have been so surrendered, in whole or in part, shall no longer be exercisable to the
extent that the related Tandem Stock Appreciation Rights have been exercised. 
 (e) Payment. Upon the exercise of a Free Standing
Stock Appreciation Right a Participant shall be entitled to receive, for each right exercised, up to, but no more than, an amount in cash and/or Shares (as chosen by the Committee in its sole discretion) equal in value to the excess of the Fair
Market Value of one Share on the date that the right is exercised over the Fair Market Value of one Share on the date that the right was awarded to the Participant. Upon the exercise of a Tandem Stock Appreciation Right, a Participant shall be
entitled to receive up to, but no more than, an amount in cash and/or Shares (as chosen by the Committee in its sole discretion) equal in value to the excess of the Fair Market Value of one Share over the Stock Option exercise price per Share
specified in the Reference Stock Option Award Agreement multiplied by the number of Shares in respect of which the Tandem Stock Appreciation Right shall have been exercised, with the Committee having the right to determine the form of payment. 

(f) Deemed Exercise of Reference Stock Option. Upon the exercise of a Tandem Stock Appreciation Right, the Reference Stock Option or
part thereof to which such Stock Appreciation Right is related shall be deemed to have been exercised for the purpose of the limitation set forth in Article IV of the Plan on the number of Shares to be issued under the Plan. 

(g) Termination. Unless otherwise determined by the Committee at grant or, if no rights of the Participant are reduced, thereafter,
subject to the provisions of the applicable Award Agreement and the Plan, upon a Participant’s Termination of Service for any reason, Free Standing Stock Appreciation Rights may remain exercisable following a Participant’s Termination of
Service on the same basis as Stock Options would be exercisable following a Participant’s Termination of Service in accordance with the provisions of Sections 6.3(f) through 6.3(j). 

(h) Non-Transferability. Free Standing Stock Appreciation Rights shall not be transferable by
the Participant other than by will or by the laws of descent and distribution, and all such rights shall be exercisable, during the Participant’s lifetime, only by the Participant. Tandem Stock Appreciation Rights shall be transferable only
when and to the extent that the underlying Stock Option would be transferable under Section 6.3(e) of the Plan. 
 (i) Modification,
Extension, and Renewal of Stock Appreciation Rights. The Committee may (i) modify, extend, or renew outstanding Stock Appreciation Rights granted under the Plan (provided that the rights of a Participant are not reduced without such
Participant’s consent and provided, further, that such action does not subject the Stock Appreciation Rights to Section 409A of the Code without the consent of the Participant), and (ii) accept the surrender of
outstanding Stock Appreciation Rights (to the extent not theretofore exercised) and authorize the granting of new Stock Appreciation Rights in substitution therefor (to the extent not theretofore exercised). Notwithstanding the foregoing, an
outstanding Stock Appreciation Right may not be modified to reduce the exercise price thereof nor may a new Stock Appreciation Right at a lower price be substituted for a surrendered Stock Appreciation Right (other than adjustments or substitutions
in accordance with Article IV), unless such action is approved by the stockholders of the Company. 

  
 17 

 (j) Other Terms and Conditions. The Committee may include a provision in an Award
Agreement providing for the automatic exercise of a Stock Appreciation Right on a cashless basis on the last day of the term of such Stock Appreciation Right if the Participant has failed to exercise the Stock Appreciation Right as of such date,
with respect to which the Fair Market Value of the Shares underlying the Stock Appreciation Right exceeds the exercise price of such Stock Appreciation Right on the date of expiration of such Stock Appreciation Right, subject to Section 14.4.
Stock Appreciation Rights may contain such other provisions, which shall not be inconsistent with any of the terms of the Plan, as the Committee shall deem appropriate. 

ARTICLE VIII 
 RESTRICTED
STOCK; RESTRICTED STOCK UNITS 
 8.1 Awards of Restricted Stock and Restricted Stock Units. Shares of Restricted
Stock and Restricted Stock Units may be granted alone or in addition to other Awards granted under the Plan. The Committee shall determine the Eligible Individuals to whom, and the time or times at which, grants of Restricted Stock and/or Restricted
Stock Units shall be made, the number of shares of Restricted Stock or Restricted Stock Units to be awarded, the price (if any) to be paid by the Participant (subject to Section 8.2), the time or times within which such Awards may be subject to
forfeiture, the vesting schedule and rights to acceleration thereof, and all other terms and conditions of the Awards. The Committee shall determine and set forth in the Award Agreement the terms and conditions for each Restricted Stock and
Restricted Stock Unit Award, subject to the conditions and limitations contained in the Plan, including any vesting or forfeiture conditions during the applicable restriction period. The Committee may condition the grant or vesting of Restricted
Stock and Restricted Stock Units upon the attainment of specified performance targets (including the Performance Goals) or such other factor as the Committee may determine in its sole discretion. 

8.2 Awards and Certificates. Restricted Stock and Restricted Stock Units granted under the Plan shall be evidenced by an
Award Agreement and subject to the following terms and conditions and shall be in such form and contain such additional terms and conditions not inconsistent with the terms of the Plan, as the Committee shall deem desirable: 

(a) Restricted Stock: 

(i) Purchase Price. The purchase price of Restricted Stock shall be fixed by the Committee. The purchase price for shares of Restricted
Stock may be zero to the extent permitted by Applicable Law, and, to the extent not so permitted, such purchase price may not be less than par value. 

(ii) Legend. Each Participant receiving Restricted Stock shall be issued a stock certificate in respect of such shares of Restricted
Stock, unless the Committee elects to use another system, such as book entries by the transfer agent, as evidencing ownership of shares of Restricted Stock. Such certificate shall be registered in the name of such Participant, and shall, in addition
to such legends required by Applicable Law, bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Restricted Stock. 

  
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 (iii) Custody. If stock certificates are issued in respect of shares of Restricted
Stock, the Committee may require that any stock certificates evidencing such shares be held in custody by the Company until the restrictions thereon shall have lapsed, and that, as a condition of any grant of Restricted Stock, the Participant shall
have delivered a duly signed stock power or other instruments of assignment (including a power of attorney), each endorsed in blank with a guarantee of signature if deemed necessary or appropriate by the Company, which would permit transfer to the
Company of all or a portion of the shares subject to the Restricted Stock Award in the event that such Award is forfeited in whole or part. 

(iv) Rights as a Stockholder. Except as provided in Section 8.3(a) and this Section 8.2(a) or as otherwise determined by the
Committee in an Award Agreement, the Participant shall have, with respect to the shares of Restricted Stock, all of the rights of a holder of Shares, including, without limitation, the right to receive dividends, the right to vote such Shares, and,
subject to and conditioned upon the full vesting of shares of Restricted Stock, the right to tender such shares; provided that the Award Agreement shall specify on what terms and conditions the applicable Participant shall be entitled to
dividends payable on the shares of Restricted Stock. 
 (v) Lapse of Restrictions. If and when the Restriction Period expires without
a prior forfeiture of the Restricted Stock, the certificates for such Shares shall be delivered to the Participant. All legends shall be removed from said certificates at the time of delivery to the Participant, except as otherwise required by
Applicable Law or other limitations imposed by the Committee. 
 (b) Restricted Stock Units: 

(i) Settlement. The Committee may provide that settlement of Restricted Stock Units will occur upon or as soon as reasonably practical
after the Restricted Stock Units vest or will instead be deferred, on a mandatory basis or at the Participant’s election, in a manner intended to comply with Section 409A of the Code. 

(ii) Right as a Stockholder. A Participant will have no rights of a stockholder with respect to Shares subject to any Restricted Stock
Unit unless and until Shares are delivered in settlement of the Restricted Stock Units. 
 (iii) Dividend Equivalents. If the
Committee so provides, a grant of Restricted Stock Units may provide a Participant with the right to receive Dividend Equivalents. Dividend Equivalents may be paid currently or credited to an account for the Participant, settled in cash or Shares,
and may be subject to the same restrictions on transferability and forfeitability as the Restricted Stock Units with respect to which the Dividend Equivalents are granted and subject to other terms and conditions as set forth in the Award Agreement.

  
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 8.3 Restrictions and Conditions. 

(a) Restriction Period: 

(i) The Participant shall not be permitted to transfer shares of Restricted Stock awarded under the Plan or vest in Restricted Stock Units
during the period or periods set by the Committee (the “Restriction Period”) commencing on the date of such Award, as set forth in the applicable Award Agreement and such agreement shall set forth a vesting schedule and any event
that would accelerate vesting of the Restricted Stock and/or Restricted Stock Units. Within these limits, based on service, attainment of Performance Goals pursuant to Section 8.3(a)(ii), and/or such other factors or criteria as the Committee
may determine in its sole discretion, the Committee may condition the grant or provide for the lapse of such restrictions in installments in whole or in part, or may accelerate the vesting of all or any part of any Restricted Stock Award or
Restricted Stock Unit and/or waive the deferral limitations for all or any part of any Award. 
 (ii) If the grant of shares of Restricted
Stock or Restricted Stock Units or the lapse of restrictions or vesting schedule is based on the attainment of Performance Goals, the Committee shall establish the objective Performance Goals and the applicable vesting percentage applicable to each
Participant or class of Participants in the applicable Award Agreement prior to the beginning of the applicable fiscal year or at such later date as otherwise determined by the Committee and while the outcome of the Performance Goals are
substantially uncertain. Such Performance Goals may incorporate provisions for disregarding (or adjusting for) changes in accounting methods, corporate transactions (including, without limitation, dispositions and acquisitions), and other similar
types of events or circumstances. 
 (b) Termination. Unless otherwise provided in the applicable Award Agreement or determined by the
Committee at grant or, if no rights of the Participant are reduced, thereafter, upon a Participant’s Termination of Service for any reason during the relevant Restriction Period, all Restricted Stock or Restricted Stock Units still subject to
restriction will be forfeited in accordance with the terms and conditions established by the Committee at grant or thereafter. 
 ARTICLE
IX 
 PERFORMANCE AWARDS 

9.1 Performance Awards. The Committee may grant a Performance Award to a Participant payable upon the attainment of
specific Performance Goals either alone or in addition to other Awards granted under the Plan. The Performance Goals to be achieved during the Performance Period and the length of the Performance Period shall be determined by the Committee upon the
grant of each Performance Award. The conditions for grant or vesting and the other provisions of Performance Awards (including, without limitation, any applicable Performance Goals) need not be the same with respect to each Participant. Performance
Awards may be paid in cash, Shares, other property, or any combination thereof, in the sole discretion of the Committee as set forth in the applicable Award Agreement. 

  
 20 

 ARTICLE X 

OTHER STOCK-BASED AND CASH AWARDS 

10.1 Other Stock-Based Awards. The Committee is authorized to grant to Eligible Individuals Other Stock-Based Awards that are payable in, valued in whole or in part by reference to, or otherwise based on or related to Shares, including but not limited to, Shares awarded purely as a bonus and not subject to
restrictions or conditions, Shares in payment of the amounts due under an incentive or performance plan sponsored or maintained by the Company, stock equivalent units, and Awards valued by reference to book value of Shares. Other Stock-Based Awards
may be granted either alone or in addition to or in tandem with other Awards granted under the Plan. 
 Subject to the provisions of the
Plan, the Committee shall have authority to determine the Eligible Individuals to whom, and the time or times at which, such Awards shall be made, the number of Shares to be awarded pursuant to such Awards, and all other conditions of the Awards.
The Committee may also provide for the grant of Shares under such Awards upon the completion of a specified Performance Period. The Committee may condition the grant or vesting of Other Stock-Based Awards upon the attainment of specified Performance
Goals as the Committee may determine, in its sole discretion. 
 10.2 Terms and Conditions. Other Stock-Based Awards
made pursuant to this Article X shall be evidenced by an Award Agreement and subject to the following terms and conditions and shall be in such form and contain such additional terms and conditions not inconsistent with the terms of the Plan, as the
Committee shall deem desirable: 
 (a) Non-Transferability. Subject to the applicable
provisions of the Award Agreement and the Plan, Shares subject to Awards made under this Article X may not be transferred prior to the date on which the Shares are issued or, if later, the date on which any applicable restriction, performance, or
deferral period lapses. 
 (b) Dividends. Unless otherwise determined by the Committee at the time of the grant of an Award, subject
to the provisions of the Award Agreement and the Plan, the recipient of an Award under this Article X shall not be entitled to receive, currently or on a deferred basis, dividends or Dividend Equivalents in respect of the number of Shares covered by
the Award. 
 (c) Vesting. Any Award under this Article X and any Shares covered by any such Award shall vest or be forfeited to the
extent so provided in the Award Agreement, as determined by the Committee, in its sole discretion. 
 (d) Price. Shares under this
Article X may be issued for no cash consideration. Shares purchased pursuant to a purchase right awarded under this Article X shall be priced as determined by the Committee in its sole discretion. 

10.3 Cash Awards. The Committee may from time to time grant Cash Awards to Eligible Individuals in such amounts, on such
terms and conditions, and for such consideration, including no consideration or such minimum consideration as may be required by Applicable Law, as it shall determine in its sole discretion. Cash Awards may be granted subject to the satisfaction of
vesting conditions or may be awarded purely as a bonus and not subject to restrictions or conditions, and if subject to vesting conditions, the Committee may accelerate the vesting of such Awards at any time in its sole discretion. The grant of a
Cash Award shall not require a segregation of any of the Company’s assets for satisfaction of the Company’s payment obligation thereunder. 

  
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 ARTICLE XI 

CHANGE IN CONTROL PROVISIONS 

11.1 Benefits. In the event of a Change in Control, and except as otherwise provided by the Committee in an Award
Agreement, a Participant’s unvested Awards shall not vest automatically and a Participant’s Awards shall be treated in accordance with one or more of the following methods as determined by the Committee: 

(a) Awards, whether or not then vested, shall be continued, be assumed, or have new rights substituted therefor, as determined by the Committee
in a manner consistent with the requirements of Section 409A of the Code, and restrictions to which shares of Restricted Stock or any other Award granted prior to the Change in Control are subject shall not lapse upon a Change in Control and
the Restricted Stock or other Award shall, where appropriate in the sole discretion of the Committee, receive the same distribution as other Shares on such terms as determined by the Committee; provided that the Committee may decide to award
additional Restricted Stock or other Awards in lieu of any cash distribution. Notwithstanding anything to the contrary herein, for purposes of Incentive Stock Options, any assumed or substituted Stock Option shall comply with the requirements of
Treasury Regulation Section 1.424-1 (and any amendment thereto). 
 (b) The Committee, in its
sole discretion, may provide for the purchase of any Awards by the Company for an amount of cash equal to the excess (if any) of the Change in Control Price of the Shares covered by such Awards, over the aggregate exercise price of such Awards;
provided, however, that if the exercise price of an Option or Stock Appreciation Right exceeds the Change in Control Price, such Award may be cancelled for no consideration. 

(c) The Committee may, in its sole discretion, terminate all outstanding and unexercised Stock Options, Stock Appreciation Rights, or any Other
Stock-Based Award that provides for a Participant-elected exercise, effective as of the date of the Change in Control, by delivering notice of termination to each Participant at least 20 days prior to the date of consummation of the Change in
Control, in which case during the period from the date on which such notice of termination is delivered to the consummation of the Change in Control, each such Participant shall have the right to exercise in full all of such Participant’s
Awards that are then outstanding (without regard to any limitations on exercisability otherwise contained in the Award Agreements), but any such exercise shall be contingent on the occurrence of the Change in Control, and, provided that, if
the Change in Control does not take place within a specified period after giving such notice for any reason whatsoever, the notice and exercise pursuant thereto shall be null and void. 

(d) Notwithstanding any other provision herein to the contrary, the Committee may, in its sole discretion, provide for accelerated vesting or
lapse of restrictions of an Award at any time. 

  
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 ARTICLE XII 

TERMINATION OR AMENDMENT OF PLAN 

Notwithstanding any other provision of the Plan, the Board or the Committee may at any time, and from time to time, amend, in whole or in
part, any or all of the provisions of the Plan (including any amendment deemed necessary to ensure that the Company may comply with any Applicable Law), or suspend or terminate it entirely, retroactively or otherwise; provided, however, that,
unless otherwise required by Applicable Law or specifically provided herein, the rights of a Participant with respect to Awards granted prior to such amendment, suspension, or termination may not be impaired without the consent of such Participant
and, provided, further, that without the approval of the holders of the Shares entitled to vote in accordance with Applicable Law, no amendment may be made that would (i) increase the aggregate number of Shares that may be issued
under the Plan (except by operation of Article IV); (ii) change the classification of individuals eligible to receive Awards under the Plan; (iii) reduce the exercise price of any Stock Option or Stock Appreciation Right; (iv) grant a
new Stock Option, Stock Appreciation Right, or other Award in substitution for, or upon the cancellation of, any previously granted Stock Option or Stock Appreciation Right that has the effect of reducing the exercise price thereof;
(v) exchange any Stock Option or Stock Appreciation Right for Common Stock, cash, or other consideration when the exercise price per Share under such Stock Option or Stock Appreciation Right exceeds the Fair Market Value of a Share; or
(vi) take any other action that would be considered a “repricing” of a Stock Option or Stock Appreciation Right under the applicable listing standards of the national exchange on which the Common Stock is listed (if any).
Notwithstanding anything herein to the contrary, the Board or the Committee may amend the Plan or any Award Agreement at any time without a Participant’s consent to comply with Applicable Law, including Section 409A of the Code. The
Committee may amend the terms of any Award theretofore granted, prospectively or retroactively, but, subject to Article IV or as otherwise specifically provided herein, no such amendment or other action by the Committee shall impair the rights of
any holder without the holder’s consent. 
 ARTICLE XIII 

UNFUNDED STATUS OF PLAN 

The Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payment as to
which a Participant has a fixed and vested interest but which is not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any right that is greater than those of a general unsecured creditor of the
Company. 
 ARTICLE XIV 

GENERAL PROVISIONS 

14.1 Legend. The Committee may require each person receiving Shares pursuant to a Stock Option or other Award under the
Plan to represent to and agree with the Company in writing that the Participant is acquiring the Shares without a view to distribution thereof. In addition to any legend required by the Plan, the certificates for such Shares may include any legend
that the Committee deems appropriate to reflect any restrictions on transfer. All certificates for Shares delivered under the Plan shall be subject to such stop transfer orders and other restrictions as the

  
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Committee may deem advisable under the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which the Common Stock is then listed or any
national securities exchange system upon whose system the Common Stock is then quoted, and any Applicable Law, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. If
the Shares are held in book-entry form, then the book-entry will indicate any restrictions on such Shares. 
 14.2 Other
Plans. Nothing contained in the Plan shall prevent the Board from adopting other or additional compensation arrangements, subject to stockholder approval if such approval is required, and such arrangements may be either generally applicable
or applicable only in specific cases. 
 14.3 No Right to Employment/Directorship/Consultancy. Neither the Plan nor the
grant of any Award hereunder shall give any Participant or other employee, Consultant, or Non-Employee Director any right with respect to continuance of employment, consultancy, or directorship by the Company
or any Affiliate, nor shall there be a limitation in any way on the right of the Company or any Affiliate by which an employee is employed or a Consultant or Non-Employee Director is retained to terminate such
employment, consultancy, or directorship at any time. 
 14.4 Withholding of Taxes. A Participant shall be required to
pay to the Company or one of its Affiliates, as applicable, or make arrangements satisfactory to the Company regarding the payment of, any income tax, social insurance contribution or other applicable taxes that are required to be withheld in
respect of an Award. The Committee may (but is not obligated to), in its sole discretion, permit or require a Participant to satisfy all or any portion of the applicable taxes that are required to be withheld with respect to an Award by (a) the
delivery of Shares (which are not subject to any pledge or other security interest) having an aggregate Fair Market Value equal to such withholding liability (or portion thereof); (b) having the Company withhold from the Shares otherwise
issuable or deliverable to, or that would otherwise be retained by, the Participant upon the grant, exercise, vesting, or settlement of the Award, as applicable, a number of Shares with an aggregate Fair Market Value equal to the amount of such
withholding liability; or (c) by any other means specified in the applicable Award Agreement or otherwise determined by the Committee. 

14.5 Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan. The Committee shall
determine whether cash, additional Awards, or other securities or property shall be used or paid in lieu of fractional Shares or whether any fractional shares should be rounded, forfeited, or otherwise eliminated. 

14.6 No Assignment of Benefits. No Award or other benefit payable under the Plan shall, except as otherwise specifically
provided by law or permitted by the Committee, be transferable in any manner, and any attempt to transfer any such benefit shall be void, and any such benefit shall not in any manner be liable for or subject to the debts, contracts, liabilities,
engagements, or torts of any person who shall be entitled to such benefit, nor shall it be subject to attachment or legal process for or against such person. 

  
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 14.7 Clawback Provisions. All Awards (including any proceeds, gains, or
other economic benefit the Participant actually or constructively receives upon receipt or exercise of any Award or the receipt or resale of any Shares underlying the Award) will be subject to any Company clawback policy, including any clawback
policy adopted to comply with Applicable Law (including the Dodd-Frank Wall Street Reform and Consumer Protection Act and any rules or regulations promulgated thereunder) as set forth in such clawback policy or the Award Agreement. 

14.8 Listing and Other Conditions. 

(a) Unless otherwise determined by the Committee, as long as the Common Stock is listed on a national securities exchange or system sponsored
by a national securities association, the issuance of Shares pursuant to an Award shall be conditioned upon such Shares being listed on such exchange or system. The Company shall have no obligation to issue such Shares unless and until such Shares
are so listed, and the right to exercise any Option or other Award with respect to such Shares shall be suspended until such listing has been effected. 

(b) If at any time counsel to the Company shall be of the opinion that any sale or delivery of Shares pursuant to an Award is or may in the
circumstances be unlawful or result in the imposition of excise taxes on the Company under Applicable Law, the Company shall have no obligation to make such sale or delivery, or to make any application or to effect or to maintain any qualification
or registration under the Securities Act or otherwise, with respect to Shares or Awards, and the right to exercise any Option or other Award shall be suspended until, in the opinion of said counsel, such sale or delivery shall be lawful or will not
result in the imposition of excise taxes on the Company. 
 (c) Upon termination of any period of suspension under this Section 14.8,
any Award affected by such suspension that shall not then have expired or terminated shall be reinstated as to all Shares available before such suspension and as to Shares that would otherwise have become available during the period of such
suspension, but no such suspension shall extend the term of any Award. 
 (d) A Participant shall be required to supply the Company with
certificates, representations, and information that the Company requests and otherwise cooperate with the Company in obtaining any listing, registration, qualification, exemption, consent, or approval the Company deems necessary or appropriate. 

14.9 Governing Law. The Plan and actions taken in connection herewith shall be governed and construed in accordance with
the laws of the State of Delaware, without reference to principles of conflict of laws. 
 14.10 Construction. Wherever
any words are used in the Plan in the masculine gender they shall be construed as though they were also used in the feminine gender in all cases where they would so apply, and wherever words are used herein in the singular form they shall be
construed as though they were also used in the plural form in all cases where they would so apply. 

  
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 14.11 Other Benefits. No Award granted or paid out under the Plan shall
be deemed compensation for purposes of computing benefits under any retirement plan of the Company or its Affiliates or affect any benefit or compensation under any other plan now or subsequently in effect under which the availability or amount of
benefits is related to the level of compensation. 
 14.12 Costs. The Company shall bear all expenses associated with
administering the Plan, including expenses of issuing Shares pursuant to Awards hereunder. 
 14.13 No Right to Same
Benefits. The provisions of Awards need not be the same with respect to each Participant, and such Awards to individual Participants need not be the same in subsequent years. 

14.14 Death/Disability. The Committee may in its discretion require the transferee of a Participant to supply it with
written notice of the Participant’s death or Disability and to supply it with a copy of the will (in the case of the Participant’s death) or such other evidence as the Committee deems necessary to establish the validity of the transfer of
an Award. The Committee may also require the agreement of the transferee to be bound by all of the terms and conditions of the Plan. 

14.15 Section 16(b) of the Exchange Act. It is the intent of the Company that the Plan
satisfy, and be interpreted in a manner that satisfies, the applicable requirements of Rule 16b-3 as promulgated under Section 16 of the Exchange Act so that Participants will be entitled to the benefit
of Rule 16b-3, or any other rule promulgated under Section 16 of the Exchange Act, and will not be subject to short-swing liability under Section 16 of the Exchange Act. Accordingly, if the operation
of any provision of the Plan would conflict with the intent expressed in this Section 14.15, such provision to the extent possible shall be interpreted and/or deemed amended so as to avoid such conflict. 

14.16 Deferral of Awards. The Committee may establish one or more programs under the Plan to permit selected Participants
the opportunity to elect to defer receipt of consideration upon exercise of an Award, satisfaction of performance criteria, or other event that absent the election would entitle the Participant to payment or receipt of Shares or other consideration
under an Award. The Committee may establish the election procedures, the timing of such elections, the mechanisms for payments of, and accrual of interest or other earnings, if any, on amounts, Shares, or other consideration so deferred, and such
other terms, conditions, rules, and procedures that the Committee deems advisable for the administration of any such deferral program. 

14.17 Section 409A of the Code. The Plan and Awards are intended to comply with or be
exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed, and interpreted in accordance with such intent. To the extent that any Award is subject to Section 409A of the Code, it shall be paid in a
manner that will comply with Section 409A of the Code, including proposed, temporary, or final regulations or any other guidance issued by the Secretary of the Treasury and the Internal Revenue Service with respect thereto. Notwithstanding
anything herein to the contrary, any provision in the Plan that is inconsistent with Section 409A of the Code shall be deemed to be amended to comply with or be exempt from Section 409A of the Code and, to the extent such provision cannot
be amended to comply therewith or be exempt 

  
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therefrom, such provision shall be null and void. The Company shall have no liability to a Participant, or any other party, if an Award that is intended to be exempt from, or compliant with,
Section 409A of the Code is not so exempt or compliant or for any action taken by the Committee or the Company and, in the event that any amount or benefit under the Plan becomes subject to penalties under Section 409A of the Code,
responsibility for payment of such penalties shall rest solely with the affected Participants and not with the Company. Notwithstanding any contrary provision in the Plan or Award Agreement, any payment(s) of “nonqualified deferred
compensation” (within the meaning of Section 409A of the Code) that are otherwise required to be made under the Plan to a “specified employee” (as defined under Section 409A of the Code) as a result of such employee’s
separation from service (other than a payment that is not subject to Section 409A of the Code) shall be delayed for the first six months following such separation from service (or, if earlier, until the date of death of the specified employee)
and shall instead be paid (in a manner set forth in the Award Agreement) upon expiration of such delay period. 
 14.18
Successor and Assigns. The Plan shall be binding on all successors and permitted assigns of a Participant, including, without limitation, the estate of such Participant and the executor, administrator, or trustee of such estate.

 14.19 Severability of Provisions. If any provision of the Plan shall be held invalid or unenforceable, such
invalidity or unenforceability shall not affect any other provisions hereof, and the Plan shall be construed and enforced as if such provisions had not been included. 

14.20 Headings and Captions. The headings and captions herein are provided for reference and convenience only, shall not
be considered part of the Plan, and shall not be employed in the construction of the Plan. 
 ARTICLE XV 

EFFECTIVE DATE OF PLAN 

The Plan shall become effective on    , 2021, which is the date of its adoption by the Board, subject to the approval of
the Plan by the stockholders of the Company in accordance with the requirements of the laws of the State of Delaware. 
 ARTICLE XVI

 TERM OF PLAN 
 No
Award shall be granted pursuant to the Plan on or after the 10th anniversary of the earlier of the date that the Plan is adopted or the date of stockholder approval, but Awards granted prior to such 10th anniversary may extend beyond that date. 

  
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