Document:

Amended and Restated 2000 Employee Stock Purchase Plan

 EXHIBIT 10.2 
 TRIPATH TECHNOLOGY, INC. 
 AMENDED AND RESTATED 2000 EMPLOYEE STOCK PURCHASE PLAN 
 Approved by the Board of Directors August 19, 2005 
 Approved by the Stockholders September 30, 2005 
 Amended and Restated by the Board of Directors
February 24, 2006 
 The following constitute the provisions of the Amended and Restated 2000 Employee Stock Purchase Plan of Tripath
Technology, Inc. 
  

	1.	PURPOSE 

 The purpose of the Plan is to provide
employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated payroll deductions. It is the intention of the Company to have the Plan qualify as an “Employee Stock
Purchase Plan” under Section 423 of the Internal Revenue Code of 1986, as amended. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner consistent with the requirements of that
section of the Code. 
  

	2.	DEFINITIONS 

  

	 	(a)	“BOARD” shall mean the Board of Directors of the Company or any committee thereof designated by the Board of Directors of the Company in accordance with Section 14 of
the Plan. 

  

	 	(b)	“CODE” shall mean the Internal Revenue Code of 1986, as amended. 

  

	 	(c)	“COMMON STOCK” shall mean the common stock of the Company. 

  

	 	(d)	“COMPANY” shall mean Tripath Technology Inc. and any Designated Subsidiary of the Company. 

  

	 	(e)	“COMPENSATION” shall mean all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, incentive compensation, incentive
payments, bonuses and other compensation. 

  

	 	(f)	“DESIGNATED SUBSIDIARY” shall mean any Subsidiary that has been designated by the Board from time to time in its sole discretion as eligible to participate in the Plan.

  

	 	(g)	 “EMPLOYEE” shall mean any individual who is an Employee of the Company for tax purposes whose customary employment with the Company is at least twenty
(20)

 
hours per week and more than five (5) months in any calendar year. For purposes of the Plan, the employment relationship shall be treated as continuing
intact while the individual is on sick leave or other leave of absence approved by the Company. Where the period of leave exceeds 90 days and the individual’s right to reemployment is not guaranteed either by statute or by contract, the
employment relationship shall be deemed to have terminated on the 91st day of such leave. 
  

	 	(h)	“ENROLLMENT DATE” shall mean the first Trading Day of each Offering Period. 

  

	 	(i)	“EXERCISE DATE” shall mean the first Trading Day on or after July 1 and January 1 of each year. 

  

	 	(j)	“FAIR MARKET VALUE” shall mean, as of any date, the value of Common Stock determined as follows: 

  

	 	(i)	If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of
The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on the date of determination, as reported in THE WALL STREET JOURNAL
or such other source as the Board deems reliable; 

  

	 	(ii)	If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, its Fair Market Value shall be the mean of the closing bid and asked
prices for the Common Stock on the date of determination, as reported in THE WALL STREET JOURNAL or such other source as the Board deems reliable; 

  

	 	(iii)	In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Board; or 

  

	 	(iv)	For purposes of the Enrollment Date of the first Offering Period under the Plan, the Fair Market Value shall be the initial price to the public as set forth in the final prospectus
included within the registration statement in Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Company’s Common Stock (the “Registration Statement”). 

  

	 	(k)	“OFFERING PERIODS” shall mean the periods of approximately twenty-four (24) months during which an option granted pursuant to the Plan may be exercised, commencing on
the first Trading Day on or after January 1 and July 1 of each year and terminating on the first Trading Day on or after the July and January 1 Offering Period commencement date approximately twenty-four months later; provided,
however, that the first Offering Period under the Plan shall commence on August 21, 2000 and end on the first Trading Day on or after July 1, 2002. The duration and timing of Offering Periods may be changed pursuant to Section 4 of
this Plan. 

  

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	 	(l)	“PLAN” shall mean this 2000 Employee Stock Purchase Plan, as amended. 

  

	 	(m)	“PURCHASE PERIOD” shall mean the approximately six month period commencing on one Exercise Date and ending with the next Exercise Date, except that the first Purchase
Period of any Offering Period shall commence on the Enrollment Date and end with the next Exercise Date. 

  

	 	(n)	“PURCHASE PRICE” shall mean 85% of the Fair Market Value of a share of Common Stock on the Enrollment Date or on the Exercise Date, whichever is lower; provided however,
that the Purchase Price may be adjusted by the Board pursuant to Section 20. 

  

	 	(o)	“RESERVES” shall mean the number of shares of Common Stock covered by each option under the Plan which have not yet been exercised and the number of shares of Common Stock
which have been authorized for issuance under the Plan but not yet placed under option. 

  

	 	(p)	“SUBSIDIARY” shall mean a corporation, domestic or foreign, of which not less than 50% of the voting shares are held by the Company or a Subsidiary, whether or not such
corporation now exists or is hereafter organized or acquired by the Company or a Subsidiary. 

  

	 	(q)	“TRADING DAY” shall mean a day on which national stock exchanges and the Nasdaq System are open for trading. 

  

	3.	ELIGIBILITY 

  

	 	(a)	Any Employee who shall be employed by the Company on a given Enrollment Date shall be eligible to participate in the Plan. 

  

	 	(b)	Any provisions of the Plan to the contrary notwithstanding, no Employee shall be granted an option under the Plan (i) to the extent that, immediately after the grant, such
Employee (or any other person whose stock would be attributed to such Employee pursuant to Section 424(d) of the Code) would own capital stock of the Company and/or hold outstanding options to purchase such stock possessing five percent
(5%) or more of the total combined voting power or value of all classes of the capital stock of the Company or of any Subsidiary, or (ii) to the extent that his or her rights to purchase stock under all employee stock purchase plans of the
Company and its subsidiaries accrues at a rate which exceeds Twenty-Five Thousand Dollars ($25,000) worth of stock (determined at the fair market value of the shares at the time such option is granted) for each calendar year in which such option is
outstanding at any time. 

  

	4.	OFFERING PERIODS 

 The Plan shall be implemented by
consecutive, overlapping Offering Periods with a new Offering Period commencing on the first Trading Day on or after January 1 and July 1 each 
  

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 year, or on such other date as the Board shall determine, and continuing thereafter until terminated in
accordance with Section 20 hereof; provided, however, that the first Offering Period under the Plan shall commence on August 21, 2000 and end on the first Trading Day on or after July 1, 2002. The August 21, 2000 NASDAQ closing
price will be used for the four purchase periods in the first offering period. The Board shall have the power to change the duration of Offering Periods (including the commencement dates thereof) with respect to future offerings without shareholder
approval if such change is announced at least five (5) days prior to the scheduled beginning of the first Offering Period to be affected thereafter. 
  

	5.	PARTICIPATION 

  

	 	(a)	An eligible Employee may become a participant in the Plan by completing a subscription agreement authorizing payroll deductions in the form of EXHIBIT A to this Plan and filing it
with the Company’s payroll office prior to the applicable Enrollment Date. 

  

	 	(b)	Payroll deductions for a participant shall commence on the first payroll following the Enrollment Date and shall end on the last payroll in the Offering Period to which such
authorization is applicable, unless sooner terminated by the participant as provided in Section 10 hereof. 

  

	6.	PAYROLL DEDUCTIONS 

  

	 	(a)	At the time a participant files his or her subscription agreement, he or she shall elect to have payroll deductions made on each pay day during the Offering Period in an amount not
exceeding 15% of the Compensation which he or she receives on each pay day during the Offering Period; provided, however, that should a pay day occur on an Exercise Date, a participant shall have the payroll deductions made on such day applied to
his or her account under the new Offering Period or Purchase Period, as the case may be. 

  

	 	(b)	All payroll deductions made for a participant shall be credited to his or her account under the Plan and shall be withheld in whole percentages only. A participant may not make any
additional payments into such account. 

  

	 	(c)	A participant may discontinue his or her participation in the Plan as provided in Section 10 hereof, or may increase or decrease the rate of his or her payroll deductions
during the Offering Period by completing or filing with the Company a new subscription agreement authorizing a change in payroll deduction rate. The Board may, in its discretion, limit the nature and/or number of participation rate changes during
any offering Period. The change in rate shall be effective with the first full payroll period following five (5) business days after the Company’s receipt of the new subscription agreement unless the Company elects to process a given
change in participation more quickly. A participant’s subscription agreement shall remain in effect for successive Offering Periods unless terminated as provided in Section 10 hereof. 

  

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	 	(d)	Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of the Code and Section 3(b) hereof, a participant’s payroll deductions may be
decreased to zero percent (0%) at any time during a Purchase Period. Payroll deductions shall recommence at the rate provided in such participant’s subscription agreement at the beginning of the first Purchase Period which is scheduled to end
in the following calendar year, unless terminated by the participant as provided in Section 10 hereof. 

  

	 	(e)	At the time the option is exercised, in whole or in part, or at the time some or all of the Company’s Common Stock issued under the Plan is disposed of, the participant must
make adequate provision for the Company’s federal, state, or other tax withholding obligations, if any, which arise upon the exercise of the option or the disposition of the Common Stock. At any time, the Company may, but shall not be obligated
to, withhold from the participant’s compensation the amount necessary for the Company to meet applicable withholding obligations, including any withholding required to make available to the Company any tax deductions or benefits attributable to
sale or early disposition of Common Stock by the Employee. 

  

	7.	GRANT OF OPTION 

  

	 	(a)	On the Enrollment Date of each Offering Period, each eligible Employee participating in such Offering Period shall be granted an option to purchase on each Exercise Date during such
Offering Period (at the applicable Purchase Price) up to a number of shares of the Company’s Common Stock determined by dividing such Employee’s payroll deductions accumulated prior to such Exercise Date and retained in the
Participant’s account as of the Exercise Date by the applicable Purchase Price; provided that in no event shall an Employee be permitted to purchase during any calendar year more than 5,000 shares of the Company’s Common Stock (subject to
any adjustment pursuant to Section 19), and provided further that such purchase shall be subject to the limitations set forth in Sections 3(b) and 12 hereof. The Board may, for future Offering Periods, increase or decrease, in its absolute
discretion, the maximum number of shares of the Company’s Common Stock an Employee may purchase during each Purchase Period of such Offering Period. Exercise of the option shall occur as provided in Section 8 hereof, unless the participant
has withdrawn pursuant to Section 10 hereof. The option shall expire on the last day of the Offering Period. 

  

	8.	EXERCISE OF OPTION 

  

	 	(a)	Unless a participant withdraws from the Plan as provided in Section 10 hereof, his or her option for the purchase of shares shall be exercised automatically on the Exercise
Date, and the maximum number of full shares subject to option shall be purchased for such participant at the applicable Purchase Price with the accumulated payroll deductions in his or her account. No fractional shares shall be purchased; any
payroll deductions accumulated in a participant’s account which are not sufficient to purchase a full share shall be retained in the participant’s account for the subsequent 

  

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 Purchase Period or Offering Period, subject to earlier withdrawal by the participant as provided in
Section 10 hereof. Any other monies left over in a participant’s account after the Exercise Date shall be returned to the participant. During a participant’s lifetime, a participant’s option to purchase shares hereunder is
exercisable only by him or her. 
  

	 	(b)	If the Board determines that, on a given Exercise Date, (i) the number of shares with respect to which options are to be exercised may exceed the number of shares of Common
Stock that were available for sale under the Plan on the Enrollment Date of the applicable Offering Period, or (ii) the number of shares available for sale under the Plan on such Exercise Date, the Board may in its sole discretion
(x) provide that the Company shall make a pro rata allocation of the shares of Common Stock available for purchase on such Enrollment Date or Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine
in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Exercise Date, and continue all Offering Periods then in effect, or (y) provide that the Company shall make a pro rata allocation
of the shares available for purchase on such Enrollment Date or Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options
to purchase Common Stock on such Exercise Date, and terminate any or all Offering Periods then in effect pursuant to Section 20 hereof. The Company may make pro rata allocation of the shares available on the Enrollment Date of any applicable
Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional shares for issuance under the Plan by the Company’s shareholders subsequent to such Enrollment Date. 

  

	9.	DELIVERY 

  

	 	(a)	As promptly as practicable after each Exercise Date on which a purchase of shares occurs, the Company shall arrange the delivery to each participant, as appropriate, of a
certificate representing the shares purchased upon exercise of his or her option. 

  

	10.	WITHDRAWAL 

  

	 	(a)	A participant may withdraw all but not less than all the payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time
by giving written notice to the Company in the form of EXHIBIT B to this Plan. All of the participant’s payroll deductions credited to his or her account shall be paid to such participant promptly after receipt of notice of withdrawal and such
participant’s option for the Offering Period shall be automatically terminated, and no further payroll deductions for the purchase of shares shall be made for such Offering Period. If a participant withdraws from an Offering Period, payroll
deductions shall not resume at the beginning of the succeeding Offering Period unless the participant delivers to the Company a new subscription agreement. 

  

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	 	(b)	A participant’s withdrawal from an Offering Period shall not have any effect upon his or her eligibility to participate in any similar plan which may hereafter be adopted by
the Company or in succeeding Offering Periods which commence after the termination of the Offering Period from which the participant withdraws. 

  

	11.	TERMINATION OF EMPLOYMENT 

  

	 	(a)	Upon a participant’s ceasing to be an Employee, for any reason, he or she shall be deemed to have elected to withdraw from the Plan and the payroll deductions credited to such
participant’s account during the Offering Period but not yet used to exercise the option shall be returned to such participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15 hereof, and such
participant’s option shall be automatically terminated. The preceding sentence notwithstanding, a participant who receives payment in lieu of notice of termination of employment shall be treated as continuing to be an Employee for the
participant’s customary number of hours per week of employment during the period in which the participant is subject to such payment in lieu of notice. 

  

	12.	INTEREST 

  

	 	(a)	No interest shall accrue on the payroll deductions of a participant in the Plan. 

  

	13.	STOCK 

  

	 	(a)	Subject to adjustment upon changes in capitalization of the Company as provided in Section 19 hereof, the maximum number of shares of the Company’s Common Stock which
shall be made available for sale under the Plan shall be 1,000,000 shares. 

  

	 	(b)	The participant shall have no interest or voting right in shares covered by his option until such option has been exercised. 

  

	 	(c)	Shares to be delivered to a participant under the Plan shall be registered in the name of the participant or in the name of the participant and his or her spouse.

  

	14.	ADMINISTRATION 

 The Plan shall be administered by
the Board or a committee of members of the Board appointed by the Board. The Board or its committee shall have full and exclusive discretionary authority to construe, interpret and apply the terms of the Plan, to determine eligibility and to
adjudicate all disputed claims filed under the Plan. Every finding, decision and determination made by the Board or its committee shall, to the full extent permitted by law, be final and binding upon all parties. 
  

	15.	DESIGNATION OF BENEFICIARY 

  

	 	(a)	A participant may file a written designation of a beneficiary who is to receive any shares and cash, if any, from the participant’s account under the Plan in the event of

  

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 such participant’s death subsequent to an Exercise Date on which the option is exercised but prior
to delivery to such participant of such shares and cash. In addition, a participant may file a written designation of a beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s
death prior to exercise of the option. If a participant is married and the designated beneficiary is not the spouse, spousal consent shall be required for such designation to be effective. 
  

	 	(b)	Such designation of beneficiary may be changed by the participant at any time by written notice. In the event of the death of a participant and in the absence of a beneficiary
validly designated under the Plan who is living at the time of such participant’s death, the Company shall deliver such shares and/or cash to the executor or administrator of the estate of the participant, or if no such executor or
administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such shares and/or cash to the spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent or
relative is known to the Company, then to such other person as the Company may designate. 

  

	16.	TRANSFERABILITY 

 Neither payroll deductions
credited to a participant’s account nor any rights with regard to the exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent
and distribution or as provided in Section 15 hereof) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds
from an Offering Period in accordance with Section 10 hereof. 
  

	17.	USE OF FUNDS 

 All payroll deductions received or
held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. 
  

	18.	REPORTS 

 Individual accounts shall be maintained
for each participant in the Plan. Statements of account shall be given to participating Employees at least annually, which statements shall set forth the amounts of payroll deductions, the Purchase Price, the number of shares purchased and the
remaining cash balance, if any. In addition, the Company shall provide to each participant, not less frequently than annually during the period such Employee is participating in the Plan, and, in the case of an individual who acquires shares
pursuant to the Plan, during the period such individual owns such shares, copies of annual financial statements. The Company shall not be required to provide such statements to key employees whose duties in connection with the Company assure their
access to equivalent information. 
  

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	19.	ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, DISSOLUTION, LIQUIDATION, MERGER OR ASSET SALE 

  

	 	(a)	CHANGES IN CAPITALIZATION. Subject to any required action by the shareholders of the Company, the Reserves, the maximum number of shares each participant may purchase each Purchase
Period (pursuant to Section 7), as well as the price per share and the number of shares of Common Stock covered by each option under the Plan which has not yet been exercised shall be proportionately adjusted for any increase or decrease in the
number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of shares of Common Stock effected
without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by
the Board, whose determination in that respect shall be final, binding and conclusive Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall
affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an option. 

  

	 	(b)	DISSOLUTION OR LIQUIDATION. In the event of the proposed dissolution or liquidation of the Company, the Offering Period then in progress shall be shortened by setting a new Exercise
Date (the “New Exercise Date”), and shall terminate immediately prior to the consummation of such proposed dissolution or liquidation, unless provided otherwise by the Board. The New Exercise Date shall be before the date of the
Company’s proposed dissolution or liquidation. The Board shall notify each participant in writing, at least ten (10) business days prior to the New Exercise Date, that the Exercise Date for the participant’s option has been changed to
the New Exercise Date and that the participant’s option shall be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering Period as provided in Section 10 hereof.

  

	 	(c)	MERGER OR ASSET SALE. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation, each
outstanding option shall be assumed or an equivalent option substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor corporation refuses to assume or substitute for the option,
any Purchase Periods then in progress shall be shortened by setting a new Exercise Date (the “New Exercise Date”) and any Offering Periods then in progress shall end on the New Exercise Date. The New Exercise Date shall be before the date
of the Company’s proposed sale or merger. The Board shall notify each participant in writing, at least ten (10) business days prior to the New Exercise Date, that the Exercise Date for the participant’s option has been changed to the
New Exercise Date and that the participant’s option shall be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering Period as provided in Section 10 hereof.

  

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	20.	AMENDMENT OR TERMINATION 

  

	 	(a)	The Board of Directors of the Company may at any time and for any reason terminate or amend the Plan. Except as provided in Section 19 hereof, no such termination can affect
options previously granted, provided that an Offering Period may be terminated by the Board of Directors on any Exercise Date if the Board determines that the termination of the Offering Period or the Plan is in the best interests of the Company and
its shareholders. Except as provided in Section 19 and this Section 20 hereof, no amendment may make any change in any option theretofore granted which adversely affects the rights of any participant. To the extent necessary to comply with
Section 423 of the Code (or any successor rule or provision or any other applicable law, regulation or stock exchange rule), the Company shall obtain shareholder approval in such a manner and to such a degree as required.

  

	 	(b)	Without shareholder consent and without regard to whether any participant rights may be considered to have been “adversely affected,” the Board (or its committee) shall be
entitled to change the Offering Periods, limit the frequency and/or number of changes in the amount withheld during an Offering Period, establish the exchange ratio applicable to amounts withheld in a currency other than U.S. dollars, permit payroll
withholding in excess of the amount designated by a participant in order to adjust for delays or mistakes in the Company’s processing of properly completed withholding elections, establish reasonable waiting and adjustment periods and/or
accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each participant properly correspond with amounts withheld from the participant’s Compensation, and establish such other limitations or
procedures as the Board (or its committee) determines in its sole discretion advisable which are consistent with the Plan. 

  

	 	(c)	In the event the Board determines that the ongoing operation of the Plan may result in unfavorable financial accounting consequences, the Board may, in its discretion and, to the
extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited to: 

  

	 	(i)	altering the Purchase Price for any Offering Period including an Offering Period underway at the time of the change in Purchase Price; 

  

	 	(ii)	shortening any Offering Period so that Offering Period ends on a new Exercise Date, including an Offering Period underway at the time of the Board action; and

  

	 	(iii)	allocating shares 

 Such modifications or amendments shall
not require stockholder approval or the consent of any Plan participants. 
  

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	21.	NOTICES 

 All notices or other communications by a
participant to the Company under or in connection with the Plan shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof.

  

	22.	CONDITIONS UPON ISSUANCE OF SHARES 

 Shares shall
not be issued with respect to an option unless the exercise of such option and the issuance and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the
Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed, and shall be further subject
to the approval of counsel for the Company with respect to such compliance. As a condition to the exercise of an option, the Company may require the person exercising such option to represent and warrant at the time of any such exercise that the
shares are being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned applicable provisions of
law. 
  

	23.	TERM OF PLAN 

 The Plan shall become effective upon
the earlier to occur of its adoption by the Board of Directors or its approval by the shareholders of the Company. It shall continue in effect for a term of ten (10) years unless sooner terminated under Section 20 hereof. 
  

	24.	AUTOMATIC TRANSFER TO LOW PRICE OFFERING PERIOD 

 To
the extent permitted by any applicable laws, regulations, or stock exchange rules if the Fair Market Value of the Common Stock on any Exercise Date in an Offering Period is lower than the Fair Market Value of the Common Stock on the Enrollment Date
of such Offering Period, then all participants in such Offering Period shall be automatically withdrawn from such Offering Period immediately after the exercise of their option on such Exercise Date and automatically re-enrolled in the immediately
following Offering Period. 
  

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 EXHIBIT A 
 TRIPATH TECHNOLOGY INC 
 2000 EMPLOYEE STOCK PURCHASE PLAN 
 SUBSCRIPTION AGREEMENT 
  

			
	             Original Application	  	Enrollment Date:                     
	             Change in Payroll Deduction Rate	  	
	             Change of Beneficiary(ies)	  	

  

	1.	                                      
   hereby elects to participate in the Tripath Technology Inc. Employee Stock Purchase Plan (the “Employee Stock Purchase Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this
Subscription Agreement and the Employee Stock Purchase Plan. 

  

	2.	I hereby authorize payroll deductions from each paycheck in the amount of     % of my Compensation on each payday (from 0 to 15%) during the Offering
Period in accordance with the Employee Stock Purchase Plan. (Please note that no fractional percentages are permitted.) 

  

	3.	I understand that said payroll deductions shall be accumulated for the purchase of shares of Common Stock at the applicable Purchase Price determined in accordance with the Employee
Stock Purchase Plan. I understand that if I do not withdraw from a Offering Period, any accumulated payroll deductions will be used to automatically exercise my option. 

  

	4.	I have received a copy of the complete Employee Stock Purchase Plan. I understand that my participation in the Employee Stock Purchase Plan is in all respects subject to the terms
of the Plan. I understand that my ability to exercise the option under this Subscription Agreement is subject to shareholder approval of the Employee Stock Purchase Plan. 

  

	5.	Shares purchased for me under the Employee Stock Purchase Plan should be issued in the name(s) of (Employee or Employee and Spouse only). 

  

	6.	I understand that if I dispose of any shares received by me pursuant to the Plan within 2 years after the Enrollment Date (the first day of the Offering Period during which I
purchased such shares) or one year after the Exercise Date, I will be treated for federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares
at the time such shares were purchased by me over the price which I paid for the shares. I HEREBY AGREE TO NOTIFY THE COMPANY IN WRITING WITHIN 30 DAYS AFTER THE DATE OF ANY DISPOSITION OF MY SHARES AND I WILL MAKE ADEQUATE PROVISION FOR FEDERAL,
STATE OR OTHER TAX WITHHOLDING OBLIGATIONS, IF ANY, WHICH ARISE UPON THE DISPOSITION OF THE COMMON STOCK. The Company may, but will not be obligated to, withhold from my compensation the amount necessary to meet an applicable withholding obligation
including any withholding necessary to make available to the Company any tax deductions or benefits attributable to sale or early 

 disposition of Common Stock by me. If I dispose of such shares at any time after the expiration of the
2-year and 1-year holding periods, I understand that I will be treated for federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an
amount equal to the lesser of (1) the excess of the fair market value of the shares at the time of such disposition over the purchase price which I paid for the shares, or (2) 15% of the fair market value of the shares on the first day of
the Offering Period. The remainder of the gain, if any, recognized on such disposition will be taxed as capital gain. 
  

	7.	I hereby agree to be bound by the terms of the Employee Stock Purchase Plan. The effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the
Employee Stock Purchase Plan. 

  

	8.	In the event of my death, I hereby designate the following as my beneficiary(ies) to receive all payments and shares due me under the Employee Stock Purchase Plan:

  

							
	NAME: (Please print)
                                        
                                        
                                        
                                       
 
		 	(First)	  	(Middle)	  	(Last)
		
	 _________________
 Relationship
	 	  ________________________________________________________________________

	
	 ____________________________________________________________________________________
 (Address)

			
	 Employee’s Social
	 		  	
	 Security Number:
	 	 __________________________________________
	  	
				
	 Employee’s Address:
	 	 __________________________________________
	  		  	
			
	 __________________________________________
	  		  	
			
	 __________________________________________
	  		  	

  

	9.	I UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT SUCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME. 

  

					
	 Dated:
                                       
     
	 	__________________________________________	 	
	                 Signature of Employee
	 		 	

  

			
	 ______________________________________________________
 Spouse’s Signature (If beneficiary other than spouse)
	  	

  

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 EXHIBIT B 
 TRIPATH TECHNOLOGY INC. 2000 
 EMPLOYEE STOCK PURCHASE PLAN 
 NOTICE OF WITHDRAWAL 
 The
undersigned participant in the Offering Period of the Tripath Technology Inc. Employee Stock Purchase Plan which began on
                    ,              (the “Enrollment Date”) hereby
notifies the Company that he or she hereby withdraws from the Offering Period. He or she hereby directs the Company to pay to the undersigned as promptly as practicable all the payroll deductions credited to his or her account with respect to such
Offering Period. The undersigned understands and agrees that his or her option for such Offering Period will be automatically terminated. The undersigned understands further that no further payroll deductions will be made for the purchase of shares
in the current Offering Period and the undersigned shall be eligible to participate in succeeding Offering Periods only by delivering to the Company a new Subscription Agreement. 
  

	
	Name and Address of Participant:
	
	___________________________________
	
	___________________________________
	
	___________________________________
	
	
	
	 Signature:

	
	___________________________________
	
	 Date:Amended and Restated Manpower Inc.

 Exhibit 10.1 
 MANPOWER INC. 
 AMENDED AND RESTATED 
 SENIOR MANAGEMENT 
 PERFORMANCE-BASED DEFERRED 
 COMPENSATION PLAN 
 Effective
February 18, 2004 
 Amended and Restated Effective February 1, 2006 

 MANPOWER INC. 
 AMENDED AND RESTATED 
 SENIOR MANAGEMENT 
 PERFORMANCE-BASED DEFERRED COMPENSATION PLAN 
 TABLE OF CONTENTS

  
  

							
	 	  	 	  	 	  	PAGE
	 ARTICLE I - General Provisions
	  	1
		  	Section 1.	  	Purpose of the Plan	  	1
		  	Section 2.	  	Overview of the Plan	  	1
		  	Section 3.	  	Definitions	  	2
		  	Section 4.	  	Eligibility and Participation Guidelines	  	6
		
	 ARTICLE II – Earnings Per Share and Economic Profit Goals
	  	6
		  	Section 1.	  	Performance Measures	  	6
		  	Section 2.	  	Performance Goals	  	7
		  	Section 3.	  	Award Opportunities	  	8
		  	Section 4.	  	Determination of Awards	  	8
		  	Section 5.	  	Crediting of Awards to Participant’s Account	  	9
		
	 ARTICLE III - Vesting
	  	9
		  	Section 1.	  	Vesting Rules	  	9
		  	Section 2.	  	Forfeitures	  	9
		  	Section 3.	  	Transfers of Employment	  	10
		
	 ARTICLE IV - Distributions
	  	10
		  	Section 1.	  	Events Permitting Distribution	  	10
		  	Section 2.	  	Election of Form of Distribution	  	10
		  	Section 3.	  	Times for Distribution	  	11
		  	Section 4.	  	Death Distribution	  	11
		  	Section 5.	  	Beneficiary Designations	  	11
		  	Section 6.	  	Payment to Minors or Incompetents	  	12
		  	Section 7.	  	Undistributable Amounts	  	13
		
	 ARTICLE V – Domestic Relations Orders
	  	13
		  	Section 1.	  	Qualified Domestic Relations Orders	  	13
		
	 ARTICLE VI – Plan Administration
	  	14
		  	Section 1.	  	Plan Administrator	  	14
		  	Section 2.	  	Power of the Plan Administrator	  	14
		  	Section 3.	  	Decisions of the Plan Administrator	  	15
		  	Section 4.	  	Administrative Expenses	  	15
		  	Section 5.	  	Eligibility to Participate	  	15
		  	Section 6.	  	Indemnification	  	16

							
		  	Section 7.	  	Benefit Claim and Appeal Procedure for Non-Disability Benefit Claims	  	16
		  	Section 8.	  	Benefit Claim and Appeal Procedure for Disability Benefit Claims	  	18
		
	ARTICLE VII - Funding	  	21
		  	Section 1.	  	Establishment of a Trust	  	21
		  	Section 2.	  	Participants Remain General Creditors	  	21
		
	ARTICLE VIII – Modification or Termination of the Plan	  	21
		  	Section 1.	  	Company Obligations Limited	  	21
		  	Section 2.	  	Right to Amend, Freeze or Terminate	  	21
		  	Section 3.	  	Effect of Freeze or Termination	  	22
		
	ARTICLE IX – Miscellaneous Provisions	  	22
		  	Section 1.	  	Change of Control	  	22
		  	Section 2.	  	Plan Information	  	23
		  	Section 3.	  	Inalienability	  	23
		  	Section 4.	  	Rights and Duties	  	23
		  	Section 5.	  	No Guarantee of Employment	  	23
		  	Section 6.	  	Applicable Law	  	23
		  	Section 7.	  	Binding Effect	  	23
		  	Section 8.	  	Severability	  	23
		  	Section 9.	  	Captions	  	23
		  	Section 10.	  	Withholding Taxes	  	23
		  	Section 11.	  	Effective Date	  	24

  

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 MANPOWER INC. 
 AMENDED AND RESTATED 
 SENIOR MANAGEMENT 
 PERFORMANCE-BASED DEFERRED COMPENSATION PLAN 
 ARTICLE I

 General Provisions 
 Section 1. Purpose of the Plan. The Plan was established and maintained for the benefit of Company Executives who are members of a “select group of management or highly compensated
employees” within the meaning of Section 301(a)(3) of ERISA, in order to provide Company Executives with certain performance-based deferred compensation benefits. The Plan is hereby amended and restated effective as of February 1,
2006 in order to comply with Section 409A of the Code. The Plan is an unfunded deferred compensation plan that is intended to qualify for the exemptions provided in, and shall be implemented and administered in a manner consistent with,
Sections 201, 301 and 401 of ERISA. 
 The Plan has several key objectives: 
 (a) to reinforce the Company’s short-term and long-term business strategy; 
 (b) to focus Company Executives on shareholder value creation; 
 (c) to reward Company Executives for performance and provide opportunities to earn significant rewards for outstanding performance;
and 
 (d) to enable the Company to attract, retain and motivate Company Executives. 
 Section 2. Overview of the Plan. The Plan is intended to focus Company Executives on achievement of certain annual operating
goals, shareholder value creation, and execution of the Company’s business strategy over the longer term by aligning Company Executives’ interests with shareholders’ interests. 
 The Plan encourages and focuses Company Executives on shareholder value creation. Shareholder value is defined as sustained improvement in the
Company’s Common Stock price over time. The Company can create shareholder value through both short-term and long-term operating performance and growth. 
 Under the Plan, incentives for improvement of operating performance are focused on improving Earnings Per Share and Economic Profit of the Company. At the beginning of each Plan Year, Earnings Per Share and Economic
Profit goals for such Plan Year are established for Participants by the Compensation Committee. Deferred compensation benefits may be earned by Participants for the Plan Year based on the Company’s attainment of these goals. Growing 

 Earnings Per Share is one element of improving the Company’s operating performance. Economic Profit is also an
essential measure to use as a benchmark for the Company because it is an all-inclusive measure that captures both earnings growth and management of capital costs. In addition, Economic Profit is highly correlated with shareholder value creation.

 The Plan provides for deferred compensation benefits to be determined shortly after the end of each Plan Year based on achievement of the
goals established at the beginning of the Plan Year. In connection with the establishment of the goals, each Participant is assigned threshold, target, and outstanding deferred compensation benefit opportunity levels. 
 Section 3. Definitions. 
 (a) “Account” means, as to any Participant, the separate bookkeeping account maintained by the Company in order to reflect the Participant’s interest in the Plan and to record the
Awards credited to the Participant pursuant to Section 5 of Article II, and any adjustments thereto. 
 (b)
“Alternate Payee” means any spouse, former spouse, child or other dependent (within the meaning of Section 152 of the Code) of a Participant who is recognized by a Qualified Domestic Relations Order (as defined in
Section 1 of Article V) as having a right to receive any immediate or deferred payment from a Participant’s Account under this Plan. 
 (c) “Award” means any deferred compensation benefits awarded to a Participant under the Plan. 
 (d) “Base Compensation” means the amount of a Participant’s basic or regular rate of
remuneration paid to the Participant by the Company or any other member of the Manpower Group (in the course of any such employer’s trade or business) during the Plan Year, including the amount of remuneration that is otherwise excludable from
the gross income of the Participant under a salary reduction agreement by reason of the application of Section 125, 132(f), 401(k) or 402(e)(3) of the Code, but excluding the amount of any overtime, bonuses or incentive pay, and any stock
options, restricted stock, performance shares or any other equity awards paid for such period. 
 (e)
“Beneficiary” means the person(s) entitled to receive benefits under the Plan, in accordance with Section 5 of Article IV, upon a Participant’s death. 
 (f) “Board of Directors” means the Board of Directors of the Company, as from time to time constituted.

 (g) “Change of Control” means the first to occur of the following: 
 (i) the acquisition (other than from the Company), by any person (as defined in Sections 13(d)(3) and 14(d)(2) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”)), directly or indirectly, of beneficial ownership (within the meaning of Exchange Act Rule 13d-3) of more than fifty percent 
  

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 (50%) of the then outstanding shares of Common Stock of the Company or voting securities representing
more than fifty percent (50%) of the combined voting power of the Company’s then outstanding voting securities entitled to vote generally in the election of directors; provided, however, no Change of Control shall be deemed to have
occurred as a result of an acquisition of shares of Common Stock or voting securities of the Company (A) by the Company, any of its subsidiaries, or any employee benefit plan (or related trust) sponsored or maintained by the
Company or any of its subsidiaries, or (B) by any other corporation or other entity with respect to which, following such acquisition, more than sixty percent (60%) of the outstanding shares of the common stock, and voting
securities representing more than sixty percent (60%) of the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, of such other corporation or entity are then beneficially
owned, directly or indirectly, by the persons who were the Company’s shareholders immediately prior to such acquisition in substantially the same proportions as their ownership, immediately prior to such acquisition, of the Company’s then
outstanding Common Stock or then outstanding voting securities, as the case may be; or 
 (ii) the consummation of any merger or
consolidation of the Company with any other corporation, other than a merger or consolidation which results in more than sixty percent (60%) of the outstanding shares of the common stock, and voting securities representing more than sixty
percent (60%) of the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, of the surviving or consolidated corporation being then beneficially owned, directly or indirectly, by
the persons who were the Company’s shareholders immediately prior to such merger or consolidation in substantially the same proportions as their ownership, immediately prior to such merger or consolidation, of the Company’s then
outstanding Common Stock or then outstanding voting securities, as the case may be; or 
 (iii) the consummation of any liquidation or
dissolution of the Company or a sale or other disposition of all or substantially all of the assets of the Company; or 
 (iv)
individuals who, as of February 18, 2004, constitute the Board of Directors of the Corporation (as of such date, the “Incumbent Board”) cease for any reason to constitute at least a majority of such Board; provided, however,
that any person becoming a director subsequent to such date whose election, or nomination for election by the shareholders of the Company, was approved by at least a majority of the directors then comprising the Incumbent Board shall be, for
purposes of this Plan, considered as though such person were a member of the Incumbent Board but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest which
was (or, if threatened, would have been) subject to Exchange Act Rule 14a-11; or 
  

 3 

 (v) whether or not conditioned on shareholder approval, the issuance by the
Company of Common Stock of the Company representing a majority of the outstanding Common Stock, or voting securities representing a majority of the combined voting power of the outstanding voting securities of the Company entitled to vote generally
in the election of directors, after giving effect to such transaction. 
 Following the occurrence of an event which is not a Change of
Control whereby there is a successor holding company to the Company, or, if there is no such successor, whereby the Company is not the surviving corporation in a merger or consolidation, the surviving corporation or successor holding company (as the
case may be), for purposes of this definition, shall thereafter be referred to as the Company. 
 (h)
“Code” means the Internal Revenue Code of 1986, as it may be amended from time to time, and any proposed, temporary or final Treasury Regulations promulgated thereunder. 
 (i) “Common Stock” means the common stock of the Company with a par value of $0.01 per share. 

(j) “Company” means Manpower Inc., a Wisconsin corporation. 
 (k) “Compensation Committee” means the Executive Compensation Committee of the Board of Directors of the
Company. 
 (l) “Disability” means that a Participant: 
 (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment
which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months; or 
 (ii) is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement
benefits for a period of not less than 3 months under an accident and health plan covering employees of the Company. 
 (m) “Earnings Per Share” means Earnings Per Share as defined in Section 1(a) of Article II. 
 (n) “Economic Profit” means Economic Profit as defined in Section 1(b) of Article II. 
 (o) “ERISA” means the Employee Retirement Income Security Act of 1974, as it may be amended from time to
time, and any proposed, temporary or final Treasury or U.S. Department of Labor Regulations promulgated thereunder. 
  

 4 

 (p) “Executive” means: 
 (i) the President and Chief Executive Officer of the Company; 
 (ii) the Executive Vice President and Chief Financial Officer of the Company; and 
 (iii) any other senior executive officer of the Company or any other member of the Manpower Group whom the Compensation Committee
designates from time to time as being eligible to become a Participant in the Plan. 
 (q) “Manpower
Group” means the Company and its direct and indirect subsidiaries. 
 (r)
“Participant” means any Executive whom the Compensation Committee designates to participate in the Plan. 
 (s) “Plan” means the Manpower Inc. Senior Management Performance-Based Deferred Compensation Plan, as amended from time to time. 
 (t) “Plan Administrator” means the Company, designated as Plan Administrator pursuant to Section 1 of
Article VI. 
 (u) “Plan Year” means: 
 (i) the period beginning on February 18, 2004 and ending on December 31, 2004; and 
 (ii) each subsequent calendar year during the term of the Plan. 
 (v) “Qualified Domestic Relations Order” means a Qualified Domestic Relations Order defined in
Section 1 of Article V. 
 (w) “Retirement Date” means the date on which a
Participant retires from the Manpower Group on or after: 
 (i) attaining age fifty (50) and completing fifteen
(15) years of Service; or 
 (ii) attaining age sixty-two (62). 
 (x) “Service” means, as each to each Participant, the period beginning on the date his or her employment
with the Manpower Group commences and ending on the date his or her employment with the Manpower Group terminates. 
  

 5 

 Section 4. Eligibility and Participation Guidelines. 
 (a) Criteria for Participation in the Plan. In selecting Participants, the Compensation Committee shall take into
account the degree to which the proposed Participant can have an impact on the short-term and long-term operating performance and growth of the Company and such other criteria as it deems relevant. 
 (b) Renewal of Participation. The Compensation Committee reserves the right to remove any Participant from the Plan at any
time. Plan participation in one Plan Year does not guarantee participation in subsequent Plan Years. 
 ARTICLE II 

Earnings Per Share and Economic Profit Goals 
 Section 1. Performance Measures. 
 (a) Earnings Per
Share. Earnings Per Share is fully diluted earnings per share of the Company and its subsidiaries on a consolidated basis. 
 (b) Economic Profit. Economic Profit is net operating profit after taxes of the Company and its subsidiaries on a consolidated basis less a capital charge. 
 (i) Net Operating Profit After Taxes. Net operating profit after taxes is defined as net operating profit minus taxes.

 (A) Net Operating Profit. Net operating profit equals earnings before income taxes:

 (I) Plus interest expenses; 
 (II) Plus loss on sale of accounts receivable; 
 (III) Less interest income. 
 (B) Taxes. Taxes equal net operating profit multiplied by the effective tax rate as shown in the
Company’s audited financial statements. 
 (ii) Capital Charge. Capital charge is defined as adjusted
capital employed multiplied by a weighted average cost of capital. 
 (A) Adjusted Capital Employed.
Adjusted capital employed equals capital employed plus or minus capital adjustments. 
 (I) Capital
Employed. Capital employed equals total shareholders’ equity: 
 a. Plus long-term debt; 
  

 6 

 b. Plus short-term borrowings; 
 c. Plus current maturities of long-term debt; 
 d. Plus advances under securitization facilities; 
 e. Plus accumulated intangible amortization. 
 (II) Capital Adjustments. Capital adjustments are: 
 a. Those adjustments required to exclude the effect of foreign exchange rate fluctuations on the above capital employed items, as
reflected in the adjusted capital employed report maintained on a monthly basis by the Company; 
 b. Those
adjustments required to exclude the effect of any other items recorded in other comprehensive income; and 
 c. For
any acquisitions closed after February 18, 2004, having a total purchase price of more than $3 million, an adjustment to defer and ratably phase in the impact of the purchase price increasing capital employed over the thirty-six (36)-month
period following the date of closing. 
 Adjusted capital employed will be calculated based on the average of the monthly ending balances of
each of the capital employed items, as shown in the financial records of the Company and its subsidiaries. 
 (B) Weighted Average Cost of Capital. The weighted average cost of capital is the weighted average of the Company’s cost of equity and cost of debt as determined by the Compensation Committee at the time it
establishes the performance goals for any Plan Year, as described in Section 2 of this Article II. 
 Section 2.
Performance Goals. No later than ninety (90) days after the beginning of any Plan Year, the Compensation Committee shall set an Earnings Per Share and an Economic Profit goal for the Plan Year. In determining these goals and the
corresponding deferred compensation benefit opportunity levels described below, the Compensation Committee shall seek to align the potential to earn deferred compensation benefits with shareholder value creation and long-term shareholder
expectations while taking into account the Company’s annual opportunities, economic and industry conditions, and the need to provide competitive deferred compensation benefit opportunities for Participants. The goals may vary from Plan Year to
Plan Year. The Earnings Per Share and Economic Profit goals for the Plan’s initial Plan Year, beginning on February 18, 2004 and ending on December 31, 2004, shall be the goals set by the 
  

 7 

 Compensation Committee for the calendar year beginning on January 1, 2004 and ending December 31, 2004.

 (a) Threshold Goal. The minimum level of performance for which a deferred compensation benefit will be
earned will be established as the threshold goal. Achieving the threshold goal will yield the threshold opportunity level. 
 (b) Target Goal. The expected level of performance will be established as the target goal. Achieving the target goal will yield the target opportunity level. 
 (c) Outstanding Goal. An outstanding level of performance will be established as the outstanding goal. Achieving the
outstanding goal will yield the outstanding opportunity level. 
 Section 3. Award Opportunities. At the time the
performance goals are established, the Compensation Committee shall set the deferred compensation benefit opportunities corresponding to each of the Earnings Per Share and Economic Profit goals for each Participant for the Plan Year. 
 (a) Target Opportunity. Target opportunity will equal a percentage, determined by the Compensation Committee, of the
Participant’s Base Compensation for the Plan Year. 
 (b) Threshold Opportunity. Threshold opportunity will
equal a percentage (which will be less than the target opportunity), determined by the Compensation Committee, of the Participant’s Base Compensation for the Plan Year. 
 (c) Outstanding Opportunity. Outstanding opportunity will equal a percentage (which will be greater than the target
opportunity), determined by the Compensation Committee, of the Participant’s Base Compensation for the Plan Year. 
 Section 4. Determination of Awards. The deferred compensation benefits under this Article II for each Plan Year will be determined based on actual performance relative to the pre-established Earnings Per Share
and Economic Profit goals. Except as otherwise provided above, Earnings Per Share and Economic Profit for the Plan Year shall be based on the audited consolidated financial statements of the Company and its subsidiaries. 
 Except as otherwise determined by the Compensation Committee at the beginning of the Plan Year, performance between the target goal and the outstanding
goal will result in a deferred compensation benefit that is linearly interpolated between the target and outstanding opportunities. The amount of the deferred compensation benefits under this Article II shall be capped, and therefore
performance in excess of the outstanding goal will result in the outstanding opportunity. 
 Except as otherwise determined by the
Compensation Committee at the beginning of the Plan Year, performance between the threshold goal and the target goal will result in a deferred 
  

 8 

 compensation benefit that is linearly interpolated between the threshold and target opportunities. Performance that is
below the threshold goal will result in no deferred compensation benefit. 
 Notwithstanding the foregoing, the Compensation Committee may in
its discretion adjust the amount of any deferred compensation benefit otherwise determined under the foregoing criteria to reflect any extraordinary items, repurchases of Common Stock, or such other items as it may deem relevant. 
 Section 5. Crediting of Awards to Participant’s Account. The deferred compensation benefit earned by a Participant for the
Plan Year under this Article II shall be credited to the Participant’s Account as soon as possible after such benefit has been determined, but in no event beyond ninety (90) days after the end of such Plan Year. Deferred compensation
benefits credited to a Participant’s Account under this Section 5 of Article II shall be credited with an indexed rate of return, as determined from time to time by the Compensation Committee in its discretion. 
 ARTICLE III 
 Vesting

 Section 1. Vesting Rules. 
 (a) Full Vesting During Employment. Each Participant who is employed with the Manpower Group when the relevant event occurs
shall have a fully (one hundred percent (100%)) vested and nonforfeitable interest in his or her Account upon the first to occur of the following events: 
 (i) The Participant attains age fifty (50) and completes fifteen (15) years of Service; or 
 (ii) The Participant attains age sixty-two (62). 
 (b) Full Vesting Upon Termination of Employment By Reason of Death or Disability. Each Participant who terminates employment
with the Manpower Group by reason of death or Disability prior to the first to occur of the events described in Section 1(a)(i) and Section 1(a)(ii) above shall have a fully (one hundred percent (100%)) vested and nonforfeitable
interest in his or her Account on the date his or her employment terminates for either reason. 
 Each Participant who terminates employment
with the Manpower Group for any reason other than death or Disability prior to the first to occur of the events described in Section 1(a)(i) and Section 1(a)(ii) above shall not have any (zero percent (0%)) vested interest in his or her
Account on the date his or her employment terminates. 
 Section 2. Forfeitures. A Participant’s nonvested
Account balance shall be immediately forfeited upon termination of his or her employment with the Manpower Group. 
  

 9 

 Section 3. Transfers of Employment. A Participant’s transfer of employment
among the members of the Manpower Group shall not be deemed, for any purpose under the Plan, to be the Participant’s termination of employment with the Manpower Group. 
 ARTICLE IV 
 Distributions 
 Section 1. Events Permitting Distribution. A Participant’s vested Account balance shall become distributable only in the
following circumstances: 
 (a) Upon termination of the Participant’s employment with the Manpower Group on or
after his or her Retirement Date, provided such termination qualifies as a “separation from service” under Section 409A of the Code and any guidance promulgated thereunder; 
 (b) Upon termination of the Participant’s employment with the Manpower Group by reason of his or her death; 
 (c) Upon termination of the Participant’s employment with the Manpower Group by reason of his or her Disability; and

 (d) Upon the creation or recognition of an Alternate Payee’s right to all or a portion of a Participant’s
vested Account balance under a domestic relations order which the Plan Administrator determines is a Qualified Domestic Relations Order (as defined in Section 1 of Article V), but only as to the portion of the Participant’s vested
Account balance which the Qualified Domestic Relations Order states is payable to the Alternate Payee. 
 Section 2. Election of Form of
Distribution. 
 (a) Distribution Elections. Each Participant shall elect, in accordance with rules and procedures
established by the Plan Administrator, the form and timing of payment for distribution of the Participant’s vested Account balance. Distribution of the Participant’s vested Account balance shall be made, at the direction of the Plan
Administrator and based upon the Participant’s distribution election made in accordance with this Section 2(a) of Article IV, in such manner and within such advance notice period as the Plan Administrator shall specify, in its
discretion, in one of the following forms: 
 (i) A lump sum payment, in cash and/or shares of Common Stock (as
determined by the Plan Administrator in its discretion), comprising a complete distribution of the Participant’s vested Account balance; or 
 (ii) Annual installment payments, in cash and/or shares of Common Stock (as determined by the Plan Administrator in its discretion), over a five (5) to fifteen (15) year period. 
  

 10 

 If a Participant fails to elect a distribution method under this Section 2(a) of Article IV,
distribution shall be made in the lump sum form provided under Section 2(a)(i) of this Article IV. If a Participant elects installment payments provided under Section 2(a)(ii) of this Article IV, retires on or after his or her
Retirement Date, and begins to perform services thereafter, in any capacity, for any competitor of the Manpower Group, then, regardless of his or her installment payment election, to the extent such payment would not trigger a tax penalty to the
Participant under Section 409A and any guidance promulgated thereunder, distribution of the Participant’s remaining vested Account balance shall be made in the lump sum form provided in Section 2(a)(i) of this Article IV.

 (b) Change of Distribution Election. A Participant who is an employee of the Manpower Group may change the
method of distribution elected pursuant to Section 2(a) of this Article IV by giving notice of such change, in such manner and within such advance notice period as the Plan Administrator shall specify in its discretion, provided such
change is permissible under Section 409A of the Code and any guidance promulgated thereunder. 
 Section 3. Times for
Distribution. Subject to Section 2(a) of this Article IV, and except as provided in Section 1 of Article V (relating to Qualified Domestic Relations Orders): 
 (a) if a distribution is to be made in the lump sum form provided under Section 2(a)(i) of this Article IV, distribution
shall be made as soon as reasonably possible following the date the event permitting the distribution occurs, provided that no payment shall be made to a “specified employee” under Section 409A of the Code prior to the date that is
six months following the date of a Participant’s termination of employment; and 
 (b) if distributions are to be
made in the form of installment payments provided under Section 2(a)(ii) of this Article IV, the first (1st) installment shall be paid in the first week of January immediately following the date the event permitting the distribution
occurs, and the remaining installments shall be paid in the first week of January in each of the following years, provided that if the Participant is a “specified employee” under Section 409A of the Code, if necessary, the first
(1st) installment shall be delayed to the date that is six months following the date of a Participant’s termination of employment. 
 Section 4. Death Distribution. Upon a Participant’s death and the Plan Administrator’s receipt of satisfactory proof of death, distribution of the Participant’s vested Account balance shall be paid
to the Participant’s Beneficiary in the form which the Participant elected pursuant to Section 2(a) of this Article IV. 
 Section 5. Beneficiary Designations. A Participant may designate one or more primary and contingent Beneficiaries on such form as the Plan Administrator shall specify. If a married Participant designates anyone
other than his or her spouse as a primary Beneficiary, the designation shall be ineffective in the absence of spousal consent, as defined in Section 5(a) of this Article IV. 
  

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 (a) Spousal Consent. “Spousal consent” means the written consent
of a married Participant’s spouse, which: 
 (i) acknowledges the effect of the election, consent, waiver or
designation made or other action taken by the Participant; and 
 (ii) is signed by the spouse and witnessed by a Plan
representative or a notary public. 
 If a Participant establishes to the satisfaction of the Plan Administrator that spousal consent is not
obtainable or is not required, because the Participant has no spouse or the spouse cannot be located, the Participant’s election or other action shall be effective without spousal consent. Any spousal consent required under the Plan shall be
valid only with respect to the spouse who signed the spousal consent and as to the particular choice made by the Participant in the election or other action requiring spousal consent. Without spousal consent, a Participant may revoke a prior
election or other action at any time before its effective date. The number of revocations shall not be limited. 
 (b)
Changes and Failed Designations. A Participant may designate different Beneficiaries (or revoke a prior Beneficiary designation) at any time by delivering a new designation form (or a signed revocation of a prior designation) to the
Plan Administrator. 
 (i) Any designation shall become effective only upon its receipt by the Plan Administrator but
shall cease to be effective when a written revocation of that designation is received by the Plan Administrator. 
 (ii) The last effective designation received by the Plan Administrator shall supersede all prior designations. 
 (iii) If a Participant dies without having designated a Beneficiary, or if no Beneficiary survives the Participant, the Participant’s vested Account balance shall be payable to his or her surviving spouse or, if the Participant
is not survived by his or her spouse, the Participant’s vested Account balance shall be paid to the executor or administrator of the Participant’s estate. 
 Section 6. Payments to Minors or Incompetents. If any individual to whom a benefit is payable under the Plan is a minor, or if the Plan Administrator determines that any individual to whom a
benefit is payable under the Plan is mentally incompetent to receive such payment or to give a valid release therefor, payment shall be made to the guardian, Plan Administrator, or other representative of the estate of the minor or incompetent which
has been duly appointed by a court of competent jurisdiction. If no guardian, Plan Administrator or other representative has been appointed, then: 
 (a) payment may be made to any person as custodian for the minor or incompetent under the Wisconsin Transfers to Minors Act (or comparable law of another state); or 
  

 12 

 (b) payment may be made to or applied to or for the benefit of the minor or
incompetent, his or her spouse, children or other dependents, the institution maintaining him or her, or any of them, in such proportion as the Plan Administrator (in its discretion) from time to time shall determine; and 
 (c) the release of the person or institution receiving the payment shall be a valid and complete discharge of any liability of the
Plan with respect to any benefit so paid. 
 Section 7. Undistributable Amounts. Each Participant and (in the event
of the Participant’s death) his or her Beneficiary shall keep the Plan Administrator apprised of his or her current address. If the Plan Administrator is unable (after making reasonable efforts) to locate the Participant or Beneficiary to whom
the vested Account balance is payable under this Article IV: 
 (a) The Participant’s vested Account balance
shall be frozen as of the date the Participant or Beneficiary entitled to payment of the vested Account balance is first determined to be unlocatable and no further appreciation, depreciation, earnings, gains or losses shall be credited or debited
thereto. 
 (b) If the Participant or Beneficiary whose vested Account balance was frozen under Section 7(a) of
this Article IV later files a claim for distribution of the vested Account balance, and if the Plan Administrator determines in its discretion that such claim is valid, then the balance previously frozen shall be restored to the Account.

 ARTICLE V 
 Domestic Relations Orders 
 Section 1. Qualified Domestic Relations Orders. The Plan
Administrator shall determine whether a domestic relations order purporting to dispose of any portion of a Participant’s Account is a Qualified Domestic Relations Order (within the meaning of Section 414(p) of the Code). 
 (a) No Payment Unless a Qualified Domestic Relations Order. No payment shall be made to an Alternate Payee until the Plan
Administrator (or a court of competent jurisdiction reversing an initial adverse determination by the Plan Administrator) determines that the order is a Qualified Domestic Relations Order. The Plan Administrator shall establish a subaccount to
record the Alternate Payee’s interest in the Participant’s Account as soon as reasonably possible after the Qualified Domestic Relations Order determination is made. Payment shall be to any Alternate Payee, as specified in the Qualified
Domestic Relations Order, in accordance with Section 1(b) of this Article V. 
 (b) Immediate Payment.
Payment will be made to an Alternate Payee, in a lump sum, in cash and/or in shares of Common Stock (as determined by the Plan Administrator in its discretion), in accordance with the Qualified Domestic Relations Order, as soon as reasonably
possible after the Qualified Domestic Relations Order 
  

 13 

 determination is made, without regard to whether the distribution, if made to a Participant at the time
specified in the Qualified Domestic Relations Order, would be permitted under the terms of the Plan. 
 (c) Hold
Procedures. Notwithstanding any contrary Plan provision, at any time the Plan Administrator, in its discretion, may place a hold upon all or a portion of a Participant’s Account, at such time and for such reasonable period as the Plan
Administrator in its discretion may determine, if the Plan Administrator receives notice that (i) a domestic relations order is being sought by the Participant, his or her spouse, former spouse, child or other dependent, and (ii) the
Participant’s Account is a source of payment under such order. For purposes of this Section 1(c) of Article V, a “hold” means that no distributions may be made from a Participant’s Account. The Plan Administrator shall
notify the Participant if a hold is placed upon his or her Account pursuant to this Section 1(c) of Article V. 
 ARTICLE VI

 Plan Administration 
 Section 1. Plan Administrator. The Company is hereby designated as the Plan Administrator of the Plan. The Company may delegate certain specified duties of Plan administration to an
individual or group of individuals who, with respect to such duties, shall have all reasonable powers necessary or appropriate to accomplish them. 
 Section 2. Power of the Plan Administrator. The Plan Administrator shall have all powers necessary to supervise the administration of the Plan and to control its operation in accordance with its terms, including,
but not by way of limitation, the following discretionary powers: 
 (a) To interpret the provisions of the Plan and to
determine any question arising under, or in connection with the administration or operation of, the Plan; 
 (b) To
determine all questions concerning the eligibility of any Executive to become or remain a Participant in the Plan; 
 (c) To cause an Account to be maintained for each Participant; 
 (d) To determine the manner and form
of any distribution to be made under the Plan; 
 (e) To determine the status and rights of Participants and their
spouses, Beneficiaries or estates; 
 (f) To appoint and discharge such trustees, recordkeepers, consultants, counsel
(who may be counsel to the Company) and other agents and advisers, and to obtain such other services, as it may deem necessary or appropriate in carrying out the provisions of the Plan; 
  

 14 

 (g) To prescribe the manner and notice period in which any Participant, or his or
her spouse or other Beneficiary, may make any election or designation provided under the Plan; 
 (h) To establish
rules for the performance of its powers and duties and for the administration of the Plan; 
 (i) To establish rules,
regulations and procedures under which requests for Plan information from Participants are processed promptly and completely; 
 (j) To act as agent for the Company in keeping all records and assisting with the preparation, filing and distribution of all necessary reports and disclosures; 
 (k) To delegate to any one or more of its members or to any other person, severally or jointly, the authority to perform for and on
behalf of the Plan Administrator one or more of the functions of the Plan Administrator under the Plan; 
 (l) To
exercise the authority to make decisions and to make changes to the Plan independent of the Board of Directors, including adopting one or more amendments to the Plan, that are not anticipated to have a material financial impact on the Plan or the
Company or any other member of the Manpower Group or a material adverse effect on Participants; 
 (m) To establish,
liquidate or consolidate any rabbi trust or secular trust associated with the Plan; and 
 (n) To make any and all
decisions, to take any and all actions, and execute any and all documents as the Plan Administrator, its delegate or the officers of the Company deem necessary or desirable to implement any resolutions made by the Board of Directors and to
contribute to the smooth operation of the Plan. 
 Section 3. Decisions of the Plan Administrator. All decisions of
the Plan Administrator, any action taken by the Plan Administrator with respect to the Plan and within the powers granted to it under the Plan, and any interpretation of any provision of the Plan by the Plan Administrator, shall be conclusive and
binding on all persons, and shall be given the maximum possible deference allowed by law. 
 Section 4. Administrative
Expenses. The members of the Plan Administrator shall serve without compensation for their services as Plan Administrator members. All expenses incurred in connection with the administration of the Plan or the trust, if any, by the Company
or any other member of the Manpower Group, the Plan Administrator or otherwise, including trustee, if any, and legal fees and expenses, shall be equitably apportioned among the Company or any other member of the Manpower Group as determined by the
Plan Administrator in its discretion. 
 Section 5. Eligibility to Participate. No member of the Plan
Administrator, who is also a Participant, shall be excluded from membership in the Plan, but he or she (as a member of the 
  

 15 

 Plan Administrator) shall not act or pass upon any matters pertaining specifically to his or her own Account under the
Plan. 
 Section 6. Indemnification. The Company and each other member of the Manpower Group shall, and by adopting
the Plan, agree to, indemnify and hold harmless any of their employees, officers or directors who may be deemed to be a fiduciary of the Plan, and the members of the Plan Administrator, from and against any and all losses, claims, damages, expenses
and liabilities (including reasonable attorneys’ fees and amounts paid, with the approval of the Board of Directors, in settlement of any claim) arising out of or resulting from the implementation of a duty, act or decision with respect to the
Plan, so long as such duty, act or decision does not involve bad faith, gross negligence or willful misconduct on the part of any such individual. 
 Section 7. Benefit Claim and Appeal Procedure for Non-Disability Benefit Claims. This Section 7 of Article VI applies to any claim for non-Disability benefits under the Plan. Claims for Disability
benefits are governed by Section 8 of this Article VI. 
 If a claim for non-Disability benefits is wholly or partially denied, the
Plan Administrator shall furnish the Participant or Beneficiary (hereinafter referred to as a “claimant”) or his authorized representative with written or electronic notice of such denial within a reasonable period of time (not to exceed
ninety (90) days after the Plan Administrator receives the claim or one hundred eighty (180) days, if the Plan Administrator determines that special circumstances require an extension of time for processing the claim and furnishes written
notice of the extension to the claimant or his authorized representative prior to the end of the initial ninety (90)-day period), setting forth, in a manner calculated to be understood by the claimant, the following information: 
 (a) the specific reason or reasons for the denial of the claim; 
 (b) reference to the specific Plan provisions on which the denial is based; 
 (c) a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of
why such material or information is necessary; and 
 (d) a description of the Plan’s review procedures and the
time limits applicable to such procedures, including a statement of the claimant’s right to bring a civil action under Section 502(a) of ERISA following a denial on review. 
 Any electronic notice of the Plan Administrator’s decision denying the claim shall comply with the standards imposed by U.S. Department of Labor Regulations Section 2520.104b-1(c)(1)(i), (iii), and (iv). The
Plan Administrator’s written extension notice, described above, shall indicate the special circumstances requiring an extension of time and the date by which the Plan Administrator expects to render its decision on the claim. 
 The claimant or his authorized representative may appeal the Plan Administrator’s decision denying his claim within sixty (60) days after he or
his authorized representative receives 
  

 16 

 the Plan Administrator’s notice denying the claim. The claimant or his authorized representative may submit to the
Plan Administrator written comments, documents, records, and other information relating to the claim. The claimant or his authorized representative shall be provided, upon request and free of charge, reasonable access to, and copies of, all
documents, records, and other information relevant to the claimant’s claim. For purposes of this Section 7 of Article VI, a document, record or other information shall be considered “relevant” to a claimant’s claim if
such document, record or other information (i) was relied upon by the Plan Administrator in making its decision on the claim, (ii) was submitted, considered, or generated in the course of the Plan Administrator’s making its decision
on the claim, without regard to whether the Plan Administrator relied upon such document, record or other information in making its decision, or (iii) complies with administrative processes and safeguards which are designed to ensure and to
verify that decisions on claims are made in accordance with governing Plan documents, whose provisions are applied consistently with respect to similarly situated claimants. The Plan Administrator’s review of the claimant’s claim and of
the Plan Administrator’s denial of such claim shall take into account all comments, documents, records, and other information submitted by the claimant or his authorized representative relating to the claim, without regard to whether such
information was submitted or considered in the initial decision on the claim. 
 The Plan Administrator’s decision on the appeal of a
denied claim shall be made within a reasonable period of time (not to exceed sixty (60) days after receipt of the claimant’s request for review by the Plan, unless the Plan Administrator determines that special circumstances (such as a
need to hold a hearing) require an extension of time for processing the claim). If the Plan Administrator determines that an extension of time for processing is required, written notice of the extension shall be furnished to the claimant or his
authorized representative prior to the termination of the initial sixty (60)-day period. In no event shall such extension exceed a period of sixty (60) days from the end of the initial period. The extension notice shall indicate the special
circumstances requiring an extension of time and the date by which the Plan expects to render the determination on review. The Plan Administrator shall furnish the claimant or his authorized representative with written or electronic notice of its
decision on appeal. Any electronic notice of the Plan Administrator’s decision on appeal shall comply with the standards imposed by U.S. Department of Labor Regulations Section 2520.104b-1(c)(1)(i), (iii), and (iv). In the case of a
decision on appeal upholding the Plan Administrator’s initial denial of the claimant’s claim, such notice shall set forth, in a manner calculated to be understood by the claimant, the following information: 
 (a) the specific reason or reasons for the decision on appeal; 
 (b) reference to the specific Plan provisions on which the decision on appeal is based; 
 (c) a statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all
documents, records and other information relevant to the claimant’s claim for benefits; and 
 (d) a statement
describing any voluntary appeal procedures (including voluntary arbitration or any other form of dispute resolution) offered by the Plan 
  

 17 

 and the claimant’s right to obtain information sufficient to enable the claimant to make an informed
judgment about whether to submit a benefit dispute to the voluntary level of appeal, and a statement of the claimant’s right to bring an action under Section 502(a) of ERISA. 
 Section 8. Benefit Claim and Appeal Procedure for Disability Benefit Claims. This Section 8 of Article VI applies to any
claim for Disability benefits under the Plan. Claims for non-Disability benefits are governed by Section 7 of this Article VI. 
 If a claim for Disability benefits under the Plan is wholly or partially denied, the Plan Administrator shall furnish the Participant or Beneficiary (hereinafter referred to as a “claimant”) or his authorized representative with
written or electronic notice of such denial, within a reasonable period of time, not to exceed forty-five (45) days after the Plan Administrator receives the claim. This forty-five (45)-day period may be extended for up to thirty
(30) days, if the Plan Administrator both determines that such an extension is necessary due to matters beyond its control and notifies the claimant, prior to the expiration of the initial forty-five (45)-day period, of the circumstances
requiring the extension of time and the date by which the Plan Administrator expects to render a decision. If, prior to the end of the first thirty (30)-day extension period, the Plan Administrator determines that, due to matters beyond its control,
it cannot render a decision within that extension period, the period for making the determination may be extended for up to an additional thirty (30) days, provided that the Plan Administrator notifies the claimant, prior to the expiration of
the first thirty (30)-day extension period, of the circumstances requiring the extension and the date by which the Plan Administrator expects to render a decision. In the case of any extension under this Section 8 of Article VI, the notice
of extension shall specifically explain the standards on which entitlement to a benefit is based, the unresolved issues that prevent a decision on the claim, and the additional information needed to resolve those issues, and the claimant will be
given at least forty-five (45) days within which to provide the specified information. 
 Any written or electronic notice of the denial
of benefits under this Section 8 of Article VI shall set forth, in a manner calculated to be understood by the claimant, the following information: 
 (a) the specific reason or reasons for the denial of the claim; 
 (b) reference to the specific Plan provisions on which the denial is based; 
 (c) a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of
why such material or information is necessary; 
 (d) a description of the Plan’s review procedures and the time
limits applicable to such procedures, including a statement of the claimant’s right to bring a civil action under Section 502(a) of ERISA following a denial on review; and 
  

 18 

 (e) if the Plan Administrator relied upon an internal rule, guideline, protocol,
or other similar criterion in making the adverse determination, the notice shall set forth the specific rule, guideline, protocol, or other similar criterion or a statement that such a rule, guideline, protocol, or other similar criterion was relied
upon in making the adverse determination and that a copy of such rule, guideline, protocol, or other criterion will be provided free of charge to the claimant upon request. If the adverse benefit determination is based on a medical judgment, the
notice also shall set forth an explanation of the scientific or clinical judgment for the determination, applying the Plan’s terms to the claimant’s medical circumstances, or a statement that such explanation will be provided free of
charge upon request. 
 Any electronic notice of the Plan Administrator’s decision denying the claim shall comply with the standards
imposed by U.S. Department of Labor Regulations Section 2520.104b-1(c)(1)(i), (iii), and (iv). The Plan Administrator’s written extension notice, described above, shall indicate the special circumstances requiring an extension of time and
the date by which the Plan Administrator expects to render its decision on the claim. 
 The claimant or his authorized representative may
appeal the Plan Administrator’s decision denying his claim within one hundred eighty (180) days after he or his authorized representative receives the Plan Administrator’s notice denying the claim. The claimant or his authorized
representative may submit to the Plan Administrator written comments, documents, records, and other information relating to the claim. The claimant or his authorized representative shall be provided, upon request and free of charge, reasonable
access to, and copies of all documents, records, and other information relevant to the claimant’s claim. For purposes of this Section 8 of Article VI, a document, record or other information shall be considered “relevant” to
a claimant’s claim if such document, record or other information (i) was relied upon by the Plan Administrator in making its decision on the claim, (ii) was submitted, considered, or generated in the course of the Plan
Administrator’s making its decision on the claim, without regard to whether the Plan Administrator relied upon such document, record or other information in making its decision, or (iii) complies with administrative processes and
safeguards which are designed to ensure and to verify that decisions on claims are made in accordance with governing Plan documents, whose provisions are applied consistently with respect to similarly situated claimants. The Plan
Administrator’s review of the claimant’s claim and of the Plan Administrator’s denial of such claim shall take into account all comments, documents, records, and other information submitted by the claimant or his authorized
representative relating to the claim, without regard to whether such information was submitted or considered in the initial decision on the claim. The review of the Plan Administrator’s initial adverse benefit determination shall not afford
deference to such determination and shall be conducted by the Board of Directors (a named fiduciary of the Plan for this purpose who is neither the individual who made the initial adverse benefit determination nor a subordinate of that individual).
In deciding an appeal of any initial adverse benefit determination that is based, in whole or in part, on a medical judgment, the Board of Directors shall consult with a health care professional who has appropriate training and experience in the
field of medicine involved in the medical judgment. The medical or vocational experts whose advice was obtained on behalf of the Plan Administrator in connection with its adverse benefit 
  

 19 

 determination shall be identified to the claimant or his authorized representative, regardless of whether the Plan
Administrator relied upon the advice in making the benefit determination. The health care professional whom the Board of Directors consults in making his review of the Plan Administrator’s initial adverse benefit determination shall be an
individual who is neither an individual whom the Plan Administrator consulted in connection with the adverse benefit determination that is the subject of the appeal, nor the subordinate of any such individual. 
 The decision of the Board of Directors on the appeal of a denied claim shall be made within a reasonable period of time (not to exceed forty-five
(45) days after receipt of the claimant’s request for review by the Plan, unless the Board of Directors determines that special circumstances (such as a need to hold a hearing) require an extension of time for processing the claim). If the
Board of Directors determines that an extension of time for processing is required, written notice of the extension shall be furnished to the claimant or his authorized representative prior to the termination of the initial forty-five (45)-day
period. In no event shall such extension exceed a period of forty-five (45) days from the end of the initial period. The extension notice shall indicate the special circumstances requiring an extension of time and the date by which the Plan
expects to render the determination on review. The Board of Directors shall furnish the claimant or his authorized representative with written or electronic notice of his decision on appeal. Any electronic notice of such decision on appeal shall
comply with the standards imposed by U.S. Department of Labor Regulations Section 2520.104b-1(c)(1)(i), (iii), and (iv). In the case of a decision on appeal upholding the Plan Administrator’s initial denial of the claimant’s claim,
such notice shall set forth, in a manner calculated to be understood by the claimant, the following information: 
 (a)
the specific reason or reasons for the decision on appeal; 
 (b) reference to the specific Plan provisions on which
the decision on appeal is based; 
 (c) a statement that the claimant is entitled to receive, upon request and free of
charge, reasonable access to, and copies of, all documents, records and other information relevant to the claimant’s claim for benefits; 
 (d) a statement describing any voluntary appeal procedures (including voluntary arbitration or any other form of dispute resolution) offered by the Plan and the claimant’s right to obtain information
sufficient to enable the claimant to make an informed judgment about whether to submit a benefit dispute to the voluntary level of appeal, and a statement of the claimant’s right to bring an action under Section 502(a) of ERISA;

 (e) if the Compensation Committee relied upon an internal rule, guideline, protocol, or other similar criterion in
making the adverse determination, the notice shall set forth the specific rule, guideline, protocol, or other similar criterion or a statement that such rule, guideline, protocol, or other similar criterion was relied upon in making the adverse
determination and that a copy of such rule, guideline, 
  

 20 

 protocol, or other criterion will be provided free of charge to the claimant upon request; 
 (f) if the adverse benefit determination is based on a medical judgment, the notice also shall set forth an explanation of the
scientific or clinical judgment for the determination, applying the Plan’s terms to the claimant’s medical circumstances, or a statement that such explanation will be provided free of charge upon request; and 
 (g) in addition, the notice shall include the following statement: “You and your Plan may have other voluntary alternative
dispute resolution options, such as mediation. One way to find out what may be available is to contact your local U.S. Department of Labor office and your State insurance regulatory agency.” 
 ARTICLE VII 
 Funding

 Section 1. Establishment of a Trust. The Company shall not be required to fund or otherwise segregate
assets for the payment of benefits under the Plan. Notwithstanding the foregoing, however, the Company may, in its sole and absolute discretion, establish a trust under which any contributions to the Plan may be held, administered and managed,
subject to the claims of the Company’s creditors in the event of the Company’s insolvency, until paid to the Participant and/or his or her Beneficiaries specified in the Plan. Any trust established pursuant to the Plan is intended to be
treated at a grantor trust under the Code, and the establishment of the trust shall not cause the Participant to realize current income on amounts contributed thereto or to give the Participant any claim to any assets held thereunder. 
 Section 2. Participants Remain General Creditors. All amounts credited to a Participant’s Account under the Plan shall
continue for all purposes to be a part of the general assets of the Company. Each Participant’s interest in the Plan shall make him or her only a general creditor of the Company. 
 ARTICLE VIII 
 Modification or Termination of the Plan

 Section 1. Company Obligations Limited. The Plan is voluntary on the part of the Company, and the
Company does not guarantee to continue the Plan. 
 Section 2. Right to Amend, Freeze or Terminate. The Company
reserves the right to alter, amend, freeze or terminate the Plan, or any part of the Plan, in such manner as it may 
  

 21 

 determine in its discretion. Any such alteration, amendment, freeze or termination (a “Change”) shall take
effect upon the date indicated in the document embodying the Change; provided, however, that no Change shall divest any portion of an Account that is then vested under the Plan. The Company may, as a result of such Change, alter the
Participant’s form and duration of payment elected pursuant to Section 2 of Article IV. 
 Section 3. Effect
of Freeze or Termination. 
 (a) Freeze. If the Plan is frozen, effective as of the freeze date, no
Executive shall become a Participant in the Plan and no Awards shall be credited to any Participant’s Account, provided, however, that Awards that relate to the Plan Year immediately preceding the Company’s fiscal year in which the freeze
date occurs shall be permitted to be credited to a Participant’s Account, in the sole discretion of the Committee. In addition, Participants’ interests in their Account balances shall not be affected by any freeze of the Plan; on and after
the freeze date, Participants’ interests in their Account balances shall continue to be determined under Section 1 of Article III and Section 1 of Article IX, and the distribution of Participants’ vested Account
balances shall continue to be governed by Article IV, Article V, Section 3(b) of this Article VIII, and Section 1 of Article IX. 
 (b) Termination. If the Plan is terminated (i) each Participant who is not already fully (one hundred percent (100%)) vested in his or her Account on the effective date of such termination
shall have a fully (one hundred percent (100%)) vested and nonforfeitable interest in his or her Account on the effective date of such termination, and (ii) each Participant’s Account shall become distributable in a lump sum as soon
as reasonably possible following termination of the Plan, regardless of any previous election made by the Participant in accordance with Section 2 of Article IV, provided, however, that if such a distribution would trigger a tax penalty to any
Participant under Section 409A of the Code or any guidance promulgated thereunder, the distribution of Participants’ vested Account balances shall continue to be governed by Article IV, Article V, and Section 1 of Article IX.

 ARTICLE IX 
 Miscellaneous Provisions 
 Section 1. Change of Control. Upon a Change of Control, except
as the relevant parties may otherwise agree, each Participant shall have a fully (one hundred percent (100%)) vested and nonforfeitable interest in his or her Account. In addition, upon a Change of Control, provided such Change of Control
qualifies as a “change in the ownership or effective control” or a “change in the ownership of a substantial portion of the assets” of the Company under Section 409A of the Code or any guidance promulgated thereunder, the
Plan shall terminate, and each Participant’s vested Account balance shall become distributable in a lump sum as soon as reasonably possible following termination of the Plan, but in no event later than twelve (12)
  

 22 

 months following the date of a Change of Control, regardless of any previous election made by the Participant in
accordance with Section 2 of Article IV. In the event of a Change of Control that does not qualify as a “change in the ownership or effective control” or a “change in the ownership of a substantial portion of the
assets” of the Company under Section 409A of the Code, the distribution of Participants’ vested Account balances shall continue to be governed by Article IV, Article V, and Section 3(b) of Article VIII. 
 Section 2. Plan Information. Each Participant shall be advised of the general provisions of the Plan and, upon written request
addressed to the Plan Administrator, shall be furnished with any information requested, to the extent required by applicable law, regarding his or her status, rights and privileges under the Plan. 
 Section 3. Inalienability. Except to the extent otherwise directed by a Qualified Domestic Relations Order (as defined in
Section 1 of Article V) or other applicable law, in no event may a Participant, a former Participant or his or her spouse, Beneficiary or estate sell, transfer, anticipate, assign, pledge or otherwise dispose of any right or interest under
the Plan; and such rights and interests shall not at any time be subject to the claims of creditors nor be liable to attachment, execution or other legal process. 
 Section 4. Rights and Duties. No person shall have any rights in or to any fund or other assets of the Plan, or under the Plan, except as, and only to the extent, expressly provided for in
the Plan. 
 Section 5. No Guarantee of Employment. Participation in the Plan shall not give any Participant any
right to be retained in the employment of the Manpower Group. This Plan shall not affect the right of the Company to terminate, with or without cause, any Participant’s employment at any time. 
 Section 6. Applicable Law. The provisions of the Plan shall be construed, administered and enforced in accordance with
applicable laws of the State of Wisconsin, without regard to conflict of law principles. 
 Section 7. Binding Effect.
The Plan shall be binding upon the heirs and personal representatives of all current and future Participants or Beneficiaries. 
 Section 8. Severability. If any provision of the Plan is held invalid or unenforceable, its invalidity or unenforceability shall not affect any other provisions of the Plan, and the Plan shall be construed and
enforced as if such provision had not been included. 
 Section 9. Captions. The captions contained in and the
table of contents prefixed to the Plan are inserted only as a matter of convenience and for reference and in no way define, limit, enlarge or describe the scope or intent of the Plan nor in any way shall affect the construction of any provision of
the Plan. 
 Section 10. Withholding Taxes. The Company shall have the right to withhold from any compensation
payable to a Participant or to cause the Participant (or the executor or administrator of his or her estate or his or her Beneficiary) to make payment of, any federal, 
  

 23 

 state, local or foreign taxes required to be withheld with respect to amounts that are credited to or distributed from
the Participant’s Account. 
 Section 11. Effective Date. The effective date of the Plan is February 18,
2004. 
 EXECUTION 
 In Witness Whereof, Manpower Inc., by its duly authorized officer, has executed this Plan on the date indicated below. 
  

			
	MANPOWER INC.
		
	By:	 	  

		
	Title:	 	  

		
	Dated:	 	  

  

 24

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