Document:

Exhibit 10.9

      

    FORWARD PURCHASE AGREEMENT

    

    

    This Forward Purchase Agreement (this “Agreement”) is entered into as of [●], 2020, between Longview Acquisition Corp., a Delaware corporation (the “Company”), and Glenview Capital
      Management, LLC (the “Adviser”) and each of the purchasers listed on signature pages hereto (each, a “Purchaser” and, collectively, the “Purchasers”).

    

    

    Recitals

    

    

    WHEREAS, the Company was incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more
      businesses (a “Business Combination”);

    

    

    WHEREAS, the Company has confidentially submitted to the U.S. Securities and Exchange Commission (the “SEC”) a draft registration statement on Form S-1 (such registration statement, as may be
      amended from time to time, including to reflect changes in terms, the “Registration Statement”) for its initial public offering (“IPO”) of 30,000,000 units (or 34,500,000 units in the aggregate if the underwriters exercise their
      over-allotment in full) (the “Public Units”) at a price of $10.00 per Public Unit, each comprised of one share of Class A common stock of the Company, par value $0.0001 per share (the “Class A Share(s)”), and one-third of one redeemable
      warrant, where each whole redeemable warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to adjustment (the “Warrant(s)”);

    

    

    WHEREAS, following the closing of the IPO (the “IPO Closing”), the Company will seek to identify and consummate a Business Combination; and

    

    

    WHEREAS, the parties hereto wish to enter into this Agreement, pursuant to which immediately prior to the closing of the Company’s initial Business Combination (the “Business Combination Closing”),
      the Company shall issue and sell, and the Purchasers shall purchase, on a private placement basis, an aggregate of [] Class A Shares (the “Forward Purchase Shares”), subject to the Maximum Investment (as defined herein);

    

    

    NOW, THEREFORE, in consideration of the premises, representations, warranties and the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt,
      sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows:

    

    

    Agreement

    

    

    1.          Sale and Purchase.

    

    

    (a)          Forward Purchase Shares.

    

    

    (i)          The Company shall issue and sell to the Purchasers, severally and not jointly, and the Purchasers shall purchase from the Company, at a price of $10.00 per Forward Purchase Share (the “Per

        Share Consideration”), an aggregate of [          ] Forward Purchase Shares (the “Maximum Share Number”), with the allocation of the Forward Purchase Shares among the Purchasers to be determined by the Adviser, in its sole discretion
      (the “Adviser Allocation”); provided that, if the value of 5.0% of the Purchasers’ Net Asset Value (the “Maximum Investment”) is less than $[], the Purchasers shall only be obligated to purchase from the Company, in the aggregate, the
      number of Forward Purchase Shares equal to the Maximum Investment divided by the Per Share Consideration, with the Adviser Allocation determined by the Adviser, in its sole discretion (such adjustment, the “NAV Adjustment”). “Net Asset
        Value” means the aggregate net asset value of the Purchasers as identified by the Adviser as of the nearest practical date prior to the Business Combination Closing.

    
      
        

    

    
    

    

    (ii)          The Company shall require the Purchasers to purchase the Forward Purchase Shares pursuant to Section 1(a)(i) hereof by delivering notice (the “Company Notice”) to the Adviser
      and the Purchasers, at least five (5) Business Days before the funding of the aggregate purchase price for the Forward Purchase Shares (the “FPS Purchase Price”) to an account specified by the Company, specifying the anticipated date of the
      Business Combination Closing, the aggregate FPS Purchase Price and instructions for wiring the FPS Purchase Price to an account designated by the Company.  At least two (2) Business Days before the anticipated date of the Business Combination Closing
      specified in such Company Notice, (i) the Adviser shall deliver notice of the Adviser Allocation (the “Adviser Allocation Notice”) to the Company and the Purchasers, along with any notice of an NAV Adjustment, if applicable, and (ii) each
      Purchaser shall deliver its respective portion of the FPS Purchase Price in cash via wire transfer to the account specified in such Company Notice, to be held in escrow pending the FPS Closing (as defined below).  If the FPS Closing does not occur
      within thirty (30) days after the Purchasers deliver the FPS Purchase Price to such account, the Company shall, upon request of the Adviser, return to the Purchasers the FPS Purchase Price, provided that the return of the FPS Purchase Price placed in
      escrow shall not terminate this Agreement or otherwise relieve either party of any of its obligations hereunder and the Company may provide a subsequent Company Notice pursuant to this Section 1(a)(ii).  For the purposes of this Agreement, “Business

        Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on which banking institutions are generally authorized or required by law or regulation to close in the City of New York, New York.

    

    

    (iii)          The closing of the sale of the Forward Purchase Shares (the “FPS Closing”) shall be held on the same date and immediately prior to the Business Combination Closing (such date
      being referred to as the “Closing Date”).  At the FPS Closing, the Company will issue to each Purchaser the number of Forward Purchase Shares as set forth in the Adviser Allocation Notice, each registered in the name of the respective
      Purchaser (giving effect to the NAV Adjustment, if applicable).

    

    

    (b)          Delivery of Forward Purchase Shares.

    

    

    (i)          The Company shall register each Purchaser as the owner of the number of Forward Purchase Shares as set forth in the Adviser Allocation Notice (giving effect to the NAV Adjustment, if
      applicable) with the Company’s transfer agent by book entry on or promptly after (but in no event more than two (2) Business Days after) the FPS Closing Date.

    

    

    (ii)          Each book entry for the Forward Purchase Shares shall contain a notation, and each certificate (if any) evidencing the Forward Purchase Shares shall be stamped or otherwise imprinted
      with a legend, in substantially the following form:

    
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    “THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION, AND MAY NOT BE
      TRANSFERRED IN VIOLATION OF SUCH ACT AND LAWS.”

    

    

    (c)          Legend Removal.  If the Forward Purchase Shares are eligible to be sold without restriction under, and without the Company being in compliance with the current public information
      requirements of, Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”), or there is an effective registration statement covering the resale of the Forward Purchase Shares (and any Purchaser provides the Company with a
      written undertaking to sell its Forward Purchase Shares only in accordance with the plan of distribution contained in such registration statement and only if such Purchaser has not been informed that the prospectus in such registration statement is
      not current or the registration statement is no longer effective), then at such Purchaser’s request, the Company will cause the Company’s transfer agent to remove the legend set forth in Section 1(b)(ii).  In connection therewith, if required by the
      Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that
      authorize and direct the transfer agent to transfer such Forward Purchase Shares without any such legend; provided that, notwithstanding the foregoing, the Company will not be required to deliver any such opinion, authorization, certificate or
      direction if it reasonably believes that removal of the legend could result in or facilitate transfers of Forward Purchase Shares in violation of applicable law.

    

    

    (d)          Registration Rights.  The Purchasers shall have registration rights as set forth on Exhibit A (the “Registration Rights”).

    

    

    2.          Representations and Warranties of the Purchasers.  Each Purchaser represents and warrants, severally and
      not jointly, to the Company as follows, as of the date hereof:

    

    

    (a)          Organization and Power.  The Purchaser is duly formed and validly existing and in good standing in its jurisdiction of incorporation or organization and has all requisite power
      and authority to carry on its business as presently conducted and as proposed to be conducted.

    

    

    (b)          Authorization.  The Purchaser has full power and authority to enter into this Agreement.  This Agreement, when executed and delivered by the Purchaser, will constitute the valid
      and legally binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and any other laws of
      general application affecting enforcement of creditors’ rights generally, (b) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies, or (c) to the extent the indemnification provisions
      contained in the Registration Rights may be limited by applicable federal or state securities laws.

    
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    (c)          Governmental Consents and Filings.  No consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state or
      local governmental authority is required on the part of the Purchaser in connection with the consummation of the transactions contemplated by this Agreement.

    

    

    (d)          Compliance with Other Instruments.  The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser of the transactions
      contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound, (iii) under any
      note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or
      regulation applicable to the Purchaser, in each case (other than clause (i)), which would have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement.

    

    

    (e)          Purchase Entirely for Own Account.  This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company, which by the Purchaser’s execution of
      this Agreement, the Purchaser hereby confirms, that the Forward Purchase Shares to be acquired by the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the resale or
      distribution of any part thereof, and that the Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same in violation of law.  By executing this Agreement, the Purchaser further represents that
      the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to any of the Forward Purchase Shares.  For
      purposes of this Agreement, “Person” means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization, any other entity or any government or any department or agency thereof.

    

    

    (f)          Disclosure of Information.  The Purchaser has had an opportunity to discuss the Company’s business, management, financial affairs and the terms and conditions of the offering of
      the Forward Purchase Shares, as well as the terms of the Company’s proposed IPO, with the Company’s management.

    

    

    (g)          Restricted Securities.  The Purchaser understands that the offer and sale of the Forward Purchase Shares have not been registered under the Securities Act, by reason of a specific
      exemption from the registration provisions of the Securities Act that depends upon, among other things, the bona fide nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein.  The Purchaser understands
      that the Forward Purchase Shares are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant to these laws, the Purchaser must hold the Forward Purchase Shares indefinitely unless they are registered with
      the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.  The Purchaser acknowledges that the Company has no obligation to register or qualify the Forward Purchase Shares for
      resale, except pursuant to the Registration Rights.  The Purchaser further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and
      manner of sale, the holding period for the Forward Purchase Shares, and on requirements relating to the Company that are outside of the Purchaser’s control, and which the Company is under no obligation and may not be able to satisfy.  The Purchaser
      acknowledges that the Company confidentially submitted the Registration Statement for its proposed IPO to the SEC for review.  The Purchaser understands that the offering to the Purchaser of the Forward Purchase Shares is not, and is not intended to
      be, part of the IPO, and that the Purchaser will not be able to rely on the protection of Section 11 or Section 12 of the Securities Act with respect to such Forward Purchase Shares.

    
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    (h)          No Public Market.  The Purchaser understands that no public market now exists for the Forward Purchase Shares, and that the Company has made no assurances that a public market
      will ever exist for the Forward Purchase Shares.

    

    

    (i)          High Degree of Risk.  The Purchaser understands that its agreement to purchase the Forward Purchase Shares involves a high degree of risk, which could cause the Purchaser to lose
      all or part of its investment.

    

    

    (j)          No General Solicitation.  Neither the Purchaser, nor any of its officers, directors, employees, agents, stockholders or partners, has either directly or indirectly, including,
      through a broker or finder (i) to its knowledge, engaged in any general solicitation, or (ii) published any advertisement in connection with the offer and sale of the Forward Purchase Shares.

    

    

    (k)          Non-Public Information.  The Purchaser acknowledges its obligations under applicable securities laws with respect to the treatment of material non-public information relating to
      the Company.

    

    

    (l)          Affiliation of Certain FINRA Members.  The Purchaser is neither a person associated nor affiliated with Cowen and Company, LLC or UBS Securities LLC or, to its actual knowledge,
      any other member of the Financial Industry Regulatory Authority (“FINRA”) that is participating in the IPO.

    

    

    (m)          No Other Representations and Warranties; Non-Reliance.  Except for the specific representations and warranties contained in this Section 2 and in any certificate or agreement
      delivered pursuant hereto, none of the Purchaser nor any person acting on behalf of the Purchaser nor any of the Purchaser’s affiliates (the “Purchaser Parties”) has made, makes or shall be deemed to make any other express or implied
      representation or warranty with respect to the Purchaser and this offering, and the Purchaser Parties disclaim any such representation or warranty.  Except for the specific representations and warranties expressly made by the Company in Section 3 of
      this Agreement and in any certificate or agreement delivered pursuant hereto, the Purchaser Parties specifically disclaim that they are relying upon any other representations or warranties that may have been made by the Company.

    

    

    3.          Representations and Warranties of the Company.  The Company represents and warrants to the Purchasers as
      follows:

    

    

    (a)          Incorporation and Corporate Power.  The Company is duly incorporated and validly existing and in good standing as a corporation under the laws of the State of Delaware and has all
      requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.  The Company has no subsidiaries.

    
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    (b)          Capitalization.  As of the date of this Agreement, the authorized share capital of the Company consists of:

    

    

    (i)          200,000,000 Class A Shares, none of which are issued and outstanding.

    

    

    (ii)          20,000,000 shares of Class B common stock of the Company, par value $0.0001 per share (“Class B Share(s)”), 8,625,000 of which are issued and outstanding (1,125,000 of which are
      subject to forfeiture to the extent that the underwriters’ over-allotment option in connection with the IPO is not exercised in full).  All of the issued and outstanding Class B Shares have been duly authorized, are fully paid and nonassessable and
      were issued in compliance with all applicable federal and state securities laws.

    

    

    (iii)          1,000,000 shares of undesignated preferred stock, none of which are issued and outstanding.

    

    

    (c)          Authorization.  All corporate action required to be taken by the Company’s Board of Directors and stockholders in order to authorize the Company to enter into this Agreement, and
      to issue the Forward Purchase Shares at the FPS Closing has been taken or will be taken prior to the FPS Closing.  All action on the part of the stockholders, directors and officers of the Company necessary for the execution and delivery of this
      Agreement, the performance of all obligations of the Company under this Agreement to be performed as of the FPS Closing and the issuance and delivery of the Forward Purchase Shares has been taken or will be taken prior to the FPS Closing.  This
      Agreement, when executed and delivered by the Company, shall constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency,
      reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive
      relief, or other equitable remedies, or (iii) to the extent the indemnification provisions contained in the Registration Rights may be limited by applicable federal or state securities laws.

    

    

    (d)          Valid Issuance of Forward Purchase Shares. The Forward Purchase Shares, when issued, sold and delivered in accordance with the terms and for the consideration set forth in this
      Agreement and the Company’s certificate of incorporation (the “Charter”) and bylaws (the “Bylaws”), when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable and free of all
      preemptive or similar rights, taxes, liens, encumbrances and charges with respect to the issue thereof and restrictions on transfer other than restrictions on transfer specified under this Agreement, applicable state and federal securities laws and
      liens or encumbrances created by or imposed by the Purchasers. Assuming the accuracy of the representations of each Purchaser in this Agreement and subject to the filings described in Section 3(e) below, the Forward Purchase Shares will be issued in
      compliance with all applicable federal and state securities laws.

    
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    (e)          Governmental Consents and Filings.  Assuming the accuracy of the representations and warranties made by each Purchaser in this Agreement, no consent, approval, order or
      authorization of, or registration, qualification, designation, declaration or filing with, any federal, state or local governmental authority is required on the part of the Company in connection with the consummation of the transactions contemplated
      by this Agreement, except for applicable requirements of the Securities Act.

    

    

    (f)          Compliance with Other Instruments.  The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated by this Agreement will not
      result in any violation or default (i) of any provisions of its Charter, Bylaws or other governing documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound, (iii) under any note, indenture or
      mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation applicable to
      the Company, in each case (other than clause (i)) which would have a material adverse effect on the Company or its ability to consummate the transactions contemplated by this Agreement.

    

    

    (g)          No General Solicitation.  Neither the Company, nor any of its officers, directors, employees, agents or shareholders has either directly or indirectly, including, through a broker
      or finder (i) engaged in any general solicitation, or (ii) published any advertisement in connection with the offer and sale of the Forward Purchase Shares.

    

    

    (h)          No Other Representations and Warranties; Non-Reliance.  Except for the specific representations and warranties contained in this Section 3 and in any certificate or agreement
      delivered pursuant hereto, the Company has not made and does not make nor shall be deemed to make any other express or implied representation or warranty with respect to the Company, this offering, the proposed IPO or a potential Business
      Combination, and the Company disclaims any such representation or warranty.  Except for the specific representations and warranties expressly made by the Purchasers in Section 2 of this Agreement and in any certificate or agreement delivered pursuant
      hereto, the Company specifically disclaims that it is relying upon any other representations or warranties that may have been made by the Purchaser Parties.

    

    

    4.          Additional Agreements and Acknowledgements and Waivers of the Purchasers.

    

    

    (a)          Trust Account.

    

    

    (i)          Each Purchaser hereby acknowledges that it is aware that the Company will establish a trust account (the “Trust Account”) for the benefit of its public stockholders upon the
      closing of the IPO.  Each Purchaser, for itself and its affiliates, hereby agrees that it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the Company as a result of any
      liquidation of the Company, except for redemption and liquidation rights, if any, such Purchaser may have in respect of any Class A Shares held by it.

    
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    (ii)          Each Purchaser hereby agrees that it shall have no right of set-off or any right, title, interest or claim of any kind (“Claim”) to, or to any monies in, the Trust Account, and
      hereby irrevocably waives any Claim to, or to any monies in, the Trust Account that it may have now or in the future, except for redemption and liquidation rights, if any, such Purchaser may have in respect of any Class A Shares held by it.  In the
      event any Purchaser has any Claim against the Company under this Agreement, such Purchaser shall pursue such Claim solely against the Company and its assets outside the Trust Account and not against the property or any monies in the Trust Account,
      except for redemption and liquidation rights, if any, such Purchaser may have in respect of any Class A Shares held by it.

    

    

    (b)          No Short Sales.  Each Purchaser hereby agrees that neither it, nor any person or entity acting on its behalf or pursuant to any understanding with it, will engage in any Short
      Sales with respect to securities of the Company prior to the Business Combination Closing.  For purposes of this Section, “Short Sales” shall include, without limitation, all “short sales” as defined in Rule 200 promulgated under Regulation SHO under
      the Exchange Act and all types of direct and indirect stock pledges (other than pledges in the ordinary course of business as part of prime brokerage arrangements), forward sale contracts, options, puts, calls, swaps and similar arrangements
      (including on a total return basis), and sales and other transactions through non-U.S. broker dealers or foreign regulated brokers.

    

    

    5.          Additional Agreement of the Company.

    

    

    (a)          NYSE Listing.  The Company will use commercially reasonable best efforts to effect and maintain the listing of the Class A Shares on the New York Stock Exchange (or another
      national securities exchange).

    

    

    6.          FPS Closing Conditions.

    

    

    (a)          The obligation of the Purchasers to purchase the Forward Purchase Shares at the FPS Closing under this Agreement shall be subject to the fulfillment, at or prior to the FPS Closing of
      each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Purchasers:

    

    

    (i)          the Business Combination shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Shares;

    

    

    (ii)          the representations and warranties of the Company set forth in Section 3 of this Agreement shall have been true and correct as of the date hereof and shall be true and correct, in the
      case of the Company, as of the FPS Closing, as applicable, with the same effect as though such representations and warranties had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a
      specified date, which shall be true and correct as of such specified date), except, in the case of the Company, where the failure to be so true and correct would not have a material adverse effect on the Company or its ability to consummate the
      transactions contemplated by this Agreement;

    

    

    (iii)          the Company shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied
      or complied with by the Company at or prior to the FPS Closing; and

    
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    (iv)          no order, writ, judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative authority or any court,
      tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect, preventing the purchase by the Purchasers of the Forward Purchase Shares.

    

    

    (b)          The obligation of the Company to sell the Forward Purchase Shares at the FPS Closing under this Agreement shall be subject to the fulfillment, at or prior to the FPS Closing of each of
      the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Company:

    

    

    (i)          the Business Combination shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Shares;

    

    

    (ii)          the representations and warranties of the Purchasers set forth in Section 2 of this Agreement shall have been true and correct as of the date hereof and shall be true and correct as of
      the FPS Closing, as applicable, with the same effect as though such representations and warranties had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified date, which shall be
      true and correct as of such specified date), except where the failure to be so true and correct would not have a material adverse effect on the Purchasers or their ability to consummate the transactions contemplated by this Agreement;

    

    

    (iii)          the Purchasers shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed,
      satisfied or complied with by the Purchasers at or prior to the FPS Closing; and

    

    

    (iv)          no order, writ, judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative authority or any court,
      tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect, preventing the purchase by the Purchasers of the Forward Purchase Shares.

    

    

    7.          Termination.  This Agreement may be terminated at any time prior to the FPS Closing:

    

    

    (a)          by mutual written consent of the Company and the Purchasers;

    

    

    (b)          automatically

    

    

    (i)          if the IPO is not consummated on or prior to [September 30], 2020;

    

    

    (ii)          if the Business Combination is not consummated within twenty-four (24) months from the closing of the IPO, unless extended upon approval of the Company’s stockholders in accordance
      with the Charter; or

    

    

    (iii)          if the Company becomes subject to any voluntary or involuntary petition under the United States federal bankruptcy laws or any state insolvency law, in each case which is not
      withdrawn within sixty (60) days after being filed, or a receiver, fiscal agent or similar officer is appointed by a court for business or property of the Company, in each case which is not removed, withdrawn or terminated within sixty (60) days
      after such appointment.

    
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    In the event of any termination of this Agreement pursuant to this Section 7, the FPS Purchase Price (and interest thereon, if any), if previously paid, and each Purchaser’s funds paid in connection
      herewith shall be promptly returned to such Purchaser, and thereafter this Agreement shall forthwith become null and void and have no effect, without any liability on the part of the Purchasers or the Company and their respective directors, officers,
      employees, partners, managers, members, or stockholders and all rights and obligations of each party shall cease; provided, however, that nothing contained in this Section 7 shall relieve any party from liabilities or damages arising
      out of any fraud or willful breach by such party of any of its representations, warranties, covenants or agreements contained in this Agreement.

    

    

    8.          General Provisions.

    

    

    (a)          Notices.  All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given upon the earlier of actual
      receipt, and (a) personal delivery to the party to be notified, (b) when sent, if sent by electronic mail or facsimile (if any) during normal business hours of the recipient, and if not sent during normal business hours, then on the recipient’s next
      Business Day, (c) five (5) Business Days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) Business Day after deposit with a nationally recognized overnight courier, freight prepaid,
      specifying next Business Day delivery, with written verification of receipt.  All communications sent to the Company shall be sent to: Longview Acquisition Corp., c/o 767 Fifth Avenue, 44th Floor, New York, New York, Attn: John Rodin, email: john@glenviewcapital.com, with a copy to the Company’s counsel at: Ropes & Gray LLP, 1211 Avenue of the Americas, New York, NY 10036-8704, Attn: Paul Tropp, Esq.,
      email: paul.tropp@ropesgray.com.

    

    

    All communications to the Purchasers shall be sent to the Purchasers’ address as set forth on the signature page hereof, or to such e-mail address, facsimile number (if any) or address as
      subsequently modified by written notice given in accordance with this Section 8(a).

    

    

    (b)          Survival of Representations and Warranties.  All of the representations and warranties contained herein shall survive the FPS Closing.

    

    

    (c)          Entire Agreement.  This Agreement, together with any documents, instruments and writings that are delivered pursuant hereto or referenced herein, constitutes the entire agreement
      and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject
      matter hereof or the transactions contemplated hereby.

    

    

    (d)          Successors.  All of the terms, agreements, covenants, representations, warranties, and conditions of this Agreement are binding upon, and inure to the benefit of and are
      enforceable by, the parties hereto and their respective successors.  Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies,
      obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

    
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    (e)          Assignments.  Except as otherwise specifically provided herein, no party hereto may assign either this Agreement or any of its rights, interests, or obligations hereunder without
      the prior written approval of the other parties.

    

    

    (f)          Counterparts.  This Agreement may be executed in two or more counterparts, each of which will be deemed an original but all of which together will constitute one and the same
      instrument.

    

    

    (g)          Headings.  The section headings contained in this Agreement are inserted for convenience only and will not affect in any way the meaning or interpretation of this Agreement.

    

    

    (h)          Governing Law.  This Agreement, the entire relationship of the parties hereto, and any dispute between the parties (whether grounded in contract, tort, statute, law or equity)
      shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect to its choice of laws principles.

    

    

    (i)          Jurisdiction.  The parties hereto (i) hereby irrevocably and unconditionally submit to the jurisdiction of the state courts of New York and to the jurisdiction of the United
      States District Court for the Southern District of New York for the purpose of any suit, action or other proceeding arising out of or based upon this Agreement, (b) agree not to commence any suit, action or other proceeding arising out of or based
      upon this Agreement except in state courts of New York or the United States District Court for the Southern District of New York, and (c) hereby waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or
      proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum, that
      the venue of the suit, action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court.

    

    

    (j)          WAIVER OF JURY TRIAL.  THE PARTIES HERETO HEREBY WAIVE ANY RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY
        LITIGATION PURSUANT TO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY.

    

    

    (k)          Amendments.  This Agreement may not be amended, modified or waived as to any particular provision, except with the written consent of the Company and the Purchasers.

    

    

    (l)          Severability.  The provisions of this Agreement will be deemed severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of
      the other provisions hereof; provided that if any provision of this Agreement, as applied to any party hereto or to any circumstance, is adjudged by a governmental authority, arbitrator, or mediator not to be enforceable in accordance with its terms,
      the parties hereto agree that the governmental authority, arbitrator, or mediator making such determination will have the power to modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete specific
      words or phrases, and in its reduced form, such provision will then be enforceable and will be enforced.

    
      11

      
        

    

    (m)          Expenses.  Each of the Company and the Purchasers will bear its own costs and expenses incurred in connection with the preparation, execution and performance of this Agreement and
      the consummation of the transactions contemplated hereby, including all fees and expenses of agents, representatives, financial advisors, legal counsel and accountants.

    

    

    (n)          Construction.  The parties hereto have participated jointly in the negotiation and drafting of this Agreement.  If an ambiguity or question of intent or interpretation arises,
      this Agreement will be construed as if drafted jointly by the parties hereto and no presumption or burden of proof will arise favoring or disfavoring any party hereto because of the authorship of any provision of this Agreement.  Any reference to any
      federal, state, local, or foreign law will be deemed also to refer to law as amended and all rules and regulations promulgated thereunder, unless the context requires otherwise.  The words “include,” “includes,” and “including” will be deemed to be
      followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders will be construed to include any other gender, and words in the singular form will be construed to include the plural and vice versa, unless the context otherwise
      requires.  The words “this Agreement,” “herein,” “hereof,” “hereby,” “hereunder,” and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited.  The parties hereto intend that each
      representation, warranty, and covenant contained herein will have independent significance.  If any party hereto has breached any representation, warranty, or covenant contained herein in any respect, the fact that there exists another
      representation, warranty or covenant relating to the same subject matter (regardless of the relative levels of specificity) which such party hereto has not breached will not detract from or mitigate the fact that such party hereto is in breach of the
      first representation, warranty, or covenant.

    

    

    (o)          Waiver.  No waiver by any party hereto of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional or not, may be deemed to extend to any
      prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect in any way any rights arising because of any prior or subsequent occurrence.

    

    

    (p)          Confidentiality.  Except as may be required by law, regulation or applicable stock exchange listing requirements, unless and until the transactions contemplated hereby and the
      terms hereof are publicly announced or otherwise publicly disclosed by the Company, the parties hereto shall keep confidential and shall not publicly disclose the existence or terms of this Agreement.

    

    

    [Signature page follows]

    
      12

      
        

    

    

    

    

    

    IN WITNESS WHEREOF, the undersigned have executed this Agreement to be effective as of the date first set forth above.

    

    

    	
            PURCHASERS:

          	 
	 	 	 
	
            GLENVIEW CAPITAL PARTNERS, L.P.

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	 	
            Name:

          	 
	 	
            Title:

          	 
	 	 	 
	 	 	
            Email:

          
	 	 	 
	 	 	 
	
            GLENVIEW INSTITUTIONAL PARTNERS, L.P.

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	
            Name:

          	 	 
	
            Title:

          	 	 
	 	 	 
	 	 	
            Email:

          
	 	 	 
	 	 	 
	
            GLENVIEW CAPITAL MASTER FUND, LTD.

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	 	 	 
	 	
            Name:

          	 
	 	
            Title:

          	 
	 	 	
            Email:

          
	 	 	 
	 	 	 
	
            GLENVIEW CAPITAL OPPORTUNITY FUND, L.P.

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	 	
            Name:

          	 
	 	
            Title:

          	 
	 	 	
            Email:

          

    

    

    
      
        

    

    
    

    

    	
            GLENVIEW OFFSHORE OPPORTUNITY MASTER FUND, LTD.

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	 	
            Name:

          	 
	 	
            Title:

          	 
	 	 	
            Email:

          
	 	 	 
	 	 	 
	
            ADVISER:

          	 
	 	 	 
	
            GLENVIEW CAPITAL MANAGEMENT, LLC

          	
            Address for Notices:

          
	 	 	 
	
            By:

          	 	 
	
            Name:

          	 	 
	
            Title:

          	 	 
	 	
            

            

          	
            Email:

          
	 	 	 
	
            COMPANY:

          	 
	 	 	 
	
            LONGVIEW ACQUISITION CORP.

          	 
	 	 	 
	
            By:

          	 	 
	 	
            Name:

          	 
	 	
            Title:

          	 

    
      B-2

      
        

    

    Exhibit A

    

    

    Registration Rights

    

    

    1.          The Company shall use its reasonable best efforts to (i) within thirty (30) days after the Business Combination Closing, file a registration statement for a secondary offering (including
      any successor registration statement covering the resale of the Registrable Shares, a “Resale Shelf”) of (x) the Forward Purchase Shares, (y) any other Class A Shares that may be acquired by the Purchasers after the date of this Agreement,
      including any time after the Business Combination Closing and (z) any other equity security of the Company issued or issuable with respect to the securities referred to in clauses (x) and (y) by way of a share capitalization or stock split or in
      connection with a combination of shares, recapitalization, merger, consolidation or reorganization (collectively, the “Registrable Shares”) pursuant to Rule 415 under the Securities Act; provided, that if Form S-3 is unavailable for
      such a registration, the Company shall register the resale of the Registrable Shares on another appropriate form and undertake to register the Registrable Shares on Form S-3 as soon as such form is available, (ii) cause the Resale Shelf to be
      declared effective under the Securities Act promptly thereafter, but in no event later than ninety (90) days after the closing of the Business Combination and (iii) maintain the effectiveness of such Resale Shelf with respect to each Purchaser’s
      Registrable Shares and to ensure the Resale Shelf does not contain a material omission or misstatement, including by way of amendment or other update, as required, until the earlier of (A) the date on which such Purchaser ceases to hold Registrable
      Shares covered by such Resale Shelf and (B) the date all of such Purchaser’s Registrable Shares covered by the Resale Shelf can be sold publicly without restriction or limitation under Rule 144 under the Securities Act and without the requirement to
      be in compliance with Rule 144(c)(1) under the Securities Act; and provided, further, with respect to Registrable Shares acquired after the Business Combination Closing, the Company shall only be obligated to amend the Resale Shelf or
      file a new registration statement that will constitute a Resale Shelf to include such Registrable Shares on two (2) occasions, each upon the written request of the Purchasers with respect to at least 100,000 Registrable Shares.

    

    

    2.          In the event the Company is prohibited by applicable rule, regulation or interpretation by the staff (“Staff”) of the Securities and Exchange Commission (“SEC”) from
      registering all of the Registrable Shares on the Resale Shelf or the Staff requires that any Purchaser be specifically identified as an “underwriter” in order to permit such registration statement to become effective, and such Purchaser does not
      consent in writing to being so named as an underwriter in such registration statement, the number of Registrable Shares to be registered on the Resale Shelf will be reduced on a pro rata basis among all the holders of Registrable Shares to be so
      included, unless otherwise required by the Staff, so that the number of Registrable Shares to be registered is permitted by Staff and such Purchaser is not required to be named as an “underwriter”; provided, that any Registrable Shares not
      registered due to this paragraph 2 shall thereafter as soon as allowed by the SEC guidance be registered to the extent the prohibition no longer is applicable.

    

    

    3.          If at any time the Company proposes to file a registration statement (a “Registration Statement”) on its own behalf, or on behalf of any other Persons who have registration rights
      (“Other Holders”), relating to an underwritten offering of shares of common stock, or engage in an Underwritten Shelf Takedown (as defined below) off an existing registration statement (a “Company Offering”), then the Company will
      provide the Purchasers with notice in writing (an “Offer Notice”) at least five (5) Business Days prior to such filing, which Offer Notice will offer to include in the Registration Statement, the Purchaser’s Registrable Shares. Within five (5)
      Business Days (or, in the case of an Offer Notice delivered to the Purchaser in connection with an Underwritten Shelf Takedown, within three (3) Business Days) after receiving the Offer Notice, a Purchaser may make a written request to the Company to
      include some or all of such Purchaser’s Registrable Shares in the Registration Statement. If the underwriter(s) for any Company Offering advise the Company that marketing factors require a limitation on the number of securities that may be included
      in the Company Offering, the number of securities to be so included shall be allocated as follows: (i) first, to the Company and the Other Holders, if any; and (ii) second, to the requesting Purchaser(s).

    
      
        

    

    

    

    4.          At any time during which the Company has an effective Resale Shelf with respect to any Purchaser’s Registrable Shares, any such Purchaser may make a written request (which request shall
      specify the intended method of disposition thereof) (a “Shelf Takedown Request”) to the Company to effect a sale, of all or a portion of the Purchaser’s Registrable Shares that are covered by the Resale Shelf, and the Company shall use
      commercially reasonable efforts to file, to the extent required by applicable law or regulation, a prospectus supplement (a “Shelf Takedown Prospectus Supplement”) for such purpose as soon as reasonably practicable following receipt of a Shelf
      Takedown Request. Such Purchaser may request that any such sale be conducted as an underwritten public offering (an “Underwritten Shelf Takedown”). The Company shall not be obligated to effect more than four Underwritten Shelf Takedowns.

    

    

    5.          The determination of whether any offering of Registrable Shares pursuant to the Resale Shelf or a Shelf Takedown Prospectus Supplement will be an Underwritten Shelf Takedown shall be made
      in the sole discretion of the Purchaser(s), after consultation with the Company, and the Purchaser(s) shall have the right, after consultation with the Company, to determine the plan of distribution, including the price at which the Registrable
      Shares are to be sold and the underwriting commissions, discounts and fees. The Purchaser(s) shall select the investment banker or bankers and managers to administer the offering, including the lead managing underwriter (provided that such investment
      banker or bankers and managers shall be reasonably satisfactory to the Company).

    

    

    6.          In connection with any Underwritten Shelf Takedown, the Company shall enter into such customary agreements and take all such other actions in connection therewith (including those
      requested by the Purchasers) in order to facilitate the disposition of such Registrable Shares as are reasonably necessary or required, and in such connection enter into a customary underwriting agreement that provides for customary opinions, comfort
      letters and officer’s certificates and other customary deliverables.

    

    

    7.          The Company shall pay all fees and expenses incident to the performance of or compliance with its obligation to prepare, file and maintain the Resale Shelf (including the fees of its
      counsel and accountants). The Company shall also pay all Registration Expenses. For purposes of this paragraph 7, “Registration Expenses” shall mean the out-of-pocket expenses of a Company Offering or an Underwritten Shelf Takedown, including,
      without limitation, the following: (i) all registration and filing fees (including fees with respect to filings required to be made with FINRA) and any securities exchange on which the Registrable Shares are then listed; (ii) fees and expenses of
      compliance with securities or blue sky laws (including reasonable fees and disbursements of one counsel to the underwriters in connection with blue sky qualifications of the Registrable Shares); (iii) printing, messenger, telephone and delivery
      expenses; (iv) reasonable fees and disbursements of counsel for the Company; (v) reasonable fees and disbursements of all independent registered public accountants of the Company incurred specifically in connection with such Underwritten Shelf
      Takedown; and (vi) reasonable fees and expenses of one legal counsel selected by the Purchasers; provided, that it is understood and agreed that the Company shall not be responsible for any underwriting fees,
      discounts, selling commissions, underwriter expenses and stock transfer taxes relating to the registration and sale of the Purchasers’ Registrable Shares.

    

    

    8.          The Company may suspend the use of a prospectus included in the Resale Shelf by furnishing to the Purchasers a written notice (“Suspension Notice”) stating that in the good faith
      judgment of the Company, it would be either (i) prohibited by the Company’s insider trading policy (as if the Purchaser were covered by such policy) or (ii) materially detrimental to the Company and its shareholders for such prospectus to be used at
      such time. The Company’s right to suspend the use of such prospectus under clause (ii) of the preceding sentence may be exercised for a period of not more than sixty (60) days after the date of such notice to the Purchasers; provided such period may
      be extended for an additional thirty (30) days with the consent of a majority-in-interest of the holders of Registrable Shares covered by the Resale Shelf; provided further, that such right to suspend the use of a prospectus shall be exercised by the
      Company not more than once in any twelve (12) month period. A holder of Registrable Shares shall not effect any sales of Registrable Shares pursuant to the Resale Shelf at any time after it has received a Suspension Notice from the Company and prior
      to receipt of an End of Suspension Notice (as defined below). The holders may recommence effecting sales of the Registrable Shares pursuant to the Resale Shelf following further written notice to such effect (an “End of Suspension Notice”)
      from the Company to the holders. The Company shall act in good faith to permit any suspension period contemplated by this paragraph to be concluded as promptly as reasonably practicable.

    

    

    9.          The Purchasers agree that, except as required by applicable law, the Purchasers shall treat as confidential the receipt of any Suspension Notice (provided that in no event shall such
      notice contain any material nonpublic information of the Company) hereunder and shall not disclose or use the information contained in such Suspension Notice without the prior written consent of the Company until such time as the information
      contained therein is or becomes public, other than as a result of disclosure by a holder of Registrable Shares in breach of the terms of this Agreement.

    
      
        

    

    

    

    10.          The Company shall indemnify and hold harmless the Purchasers, their directors and officers, partners, members, managers, employees, agents, and representatives of the Purchasers and each
      person, if any, who controls any Purchaser within the meaning of the Securities Act and the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and any agent thereof (collectively, “Indemnified Persons”), to the fullest
      extent permitted by applicable law, from and against any losses, claims, damages, liabilities, joint or several, costs (including reasonable costs of preparation and reasonable attorneys’ fees) and expenses, judgments, fines, penalties, interest,
      settlements or other amounts arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal, administrative or investigative, in which any Indemnified Person may be involved, or is threatened to be involved, as a
      party or otherwise, under the Securities Act or otherwise (collectively, “Losses”), promptly as incurred, arising out of, based upon or resulting from any untrue statement or alleged untrue statement of any material fact contained in the
      Resale Shelf (or any amendment or supplement thereto), the related prospectus, or any amendment or supplement thereto, or arise out of, are based upon or resulting from the omission or alleged omission to state therein a material fact required to be
      stated therein or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading; provided, however, that the Company shall not be liable in any such case or to any Indemnified Person to the extent
      that any such Loss arises out of, is based upon or results from an untrue statement or alleged untrue statement or omission or alleged omission or so made in reliance upon or in conformity with information furnished by or on behalf of such
      Indemnified Person in writing specifically for use in the preparation of the Resale Shelf, the related prospectus, or any amendment or supplement thereto. Such indemnity shall remain in full force and effect regardless of any investigation made by or
      on behalf of such Indemnified Person, and shall survive the transfer of such securities by the Purchasers.

    

    

    11.          The Company’s obligation under paragraph (1) of this Exhibit A is subject to the Purchasers furnishing to the Company in writing such information as the Company reasonably requests for
      use in connection with the Resale Shelf, the related prospectus, or any amendment or supplement thereto. Each Purchaser shall indemnify the Company, its officers, directors, managers, employees, agents and representatives, and each person who
      controls the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities and expenses resulting from any untrue statement or alleged untrue statement of material fact contained in the Resale Shelf, the related
      prospectus, or any amendment or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or
      omission is contained in any information so furnished in writing by such Purchaser expressly for inclusion in such document; provided that the obligation to indemnify shall be individual, not joint and several, for each Purchaser and shall be limited
      to the net amount of proceeds received by such Purchaser from the sale of Registrable Shares pursuant to the Resale Shelf.

    

    

    12.          The Company shall cooperate with the Purchasers, to the extent the Registrable Shares become freely tradable, to facilitate the timely preparation and delivery of certificates (not
      bearing any restrictive legend) representing the Registrable Shares to be offered pursuant to a Resale Shelf and enable such certificates to be in such denominations or amounts, as the case may be, as the Purchasers may reasonably request and
      registered in such names as the Purchasers may request.

    

    

    13.          If requested by any Purchaser, the Company shall as soon as practicable, subject to any Suspension Notice, (i) incorporate in a prospectus supplement or post-effective amendment such
      information as the Purchaser reasonably requests to be included therein relating to the sale and distribution of Registrable Shares, including, without limitation, information with respect to the number of Registrable Shares being offered or sold,
      the purchase price being paid therefor and any other terms of the offering of the Registrable Shares to be sold in such offering; (ii) make all required filings of such prospectus supplement or post-effective amendment after being notified of the
      matters to be incorporated in such prospectus supplement or post-effective amendment; and (iii) supplement or make amendments to any Registration Statement if reasonably requested by the Purchaser holding any Registrable Shares.

    
      
        

    

    

    

    14.          As long as any Purchaser shall own Registrable Shares, the Company, at all times while it shall be reporting under the Exchange Act shall file timely (or obtain extensions in respect
      thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and shall promptly furnish the Purchaser with true and complete copies
      of all such filings, unless filed through the SEC’s EDGAR system. The Company further covenants that it shall take such further action as the Purchasers may reasonably request, all to the extent required from time to time, to enable the Purchasers to
      sell the Class A Shares held by the Purchaser without registration under the Securities Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act, including providing any legal opinions. Upon the request of
      any Purchaser, the Company shall deliver to the Purchaser a written certification of a duly authorized officer as to whether it has complied with such requirements.

    

    

    15.          The rights, duties and obligations of any Purchaser under this Exhibit A may be assigned or delegated by such Purchaser in conjunction with and to the extent of any transfer or
      assignment of Registrable Shares by such Purchaser to any transferee or assignee.Exhibit

The Timken Company
Short-Term Incentive Plan Global Plan Document
Effective as of January 1, 2020

The Timken Company (the “Company”) and its subsidiaries (together with the Company, the “Sponsors”) sponsor various short-term incentive plans (“STIP” or “STIPs”) under which certain employees of the Sponsors are granted cash award opportunities annually or more frequently.  Each STIP intended to be governed by this Global Plan (as defined below) has been designated as such in writing from time to time by an executive officer of the Company.  This Short-Term Incentive Program Global Plan Document (the “Global Plan”), effective as of January 1, 2020, supersedes and replaces all prior versions of the Global Plan and The Timken Company Annual Performance Award (APA) Plan and sets forth certain terms applicable to all of the STIPs.  Effective as of January 1, 2020, the short-term incentives for executive officers of the Company will be granted under the Global Plan and The Timken Company 2019 Equity and Incentive Compensation Plan, as may be amended.  The Global Plan along with any other documents setting forth the terms of a particular STIP will constitute the plan document for that STIP.  The Global Plan, each STIP and the granting of award opportunities thereunder will be subject to applicable local law, and to the extent any term of the Global Plan conflicts with the applicable law governing a STIP, the applicable law shall control.

Section 1.    Definitions.  As used in this Global Plan:

		
	(a)
	“Associates” has the meaning assigned to it in Section 2.1 below.

		
	(b)
	“Award” means any award granted pursuant to a STIP.

		
	(c)
	“Award Year” means the calendar year following the Performance Year.

		
	(d)
	“Cause” means (i) an intentional act of fraud, embezzlement or theft in connection with an Associate’s duties with a Sponsor; (ii) intentional wrongful disclosure of secret processes or confidential information of a Sponsor; (iii) intentional wrongful engagement in any competitive activity that would constitute a material breach of an Associate’s duty of loyalty to the Sponsor; (iv) willful misconduct in the performance of duties; or (v) gross negligence in the performance of duties.

		
	(e)
	“Compensation Committee” means the Compensation Committee of the Board of Directors of the Company.

		
	(f)
	“Earnings” means the Associate’s earnings from Sponsors used to determine his or her Award as provided under the applicable STIP and as required by applicable local law governing the STIP.  With respect to Associates whose primary work location is in the United States, Earnings shall (i) include the following amounts from Sponsors paid during the applicable Performance Year: (A) pay for regular hours worked, (B) pay for overtime hours worked, (C) pay for premium hours worked, (D) Sunday premiums, (E) fire fighter pay, (F) short-term disability payments, and (G) any other items specified by the Compensation Committee to be included, and (ii) exclude the following amounts paid during the applicable Performance Year: (A) shift differential, (B) vacation not taken, (C) long-term disability, (D) new hire/sign-on payments, (E) relocation payments, (F) international assignment payments, (G) military pay, and (H) any other items specified by the Compensation Committee to be excluded.

		
	(g)
	“Payment Date” means the date on which an Award is paid pursuant to Section 3.2.

		
	(h)
	“Performance Year” means the calendar year with respect to which an Award relates.

		
	(i)
	“Retire” or “Retirement” means an Associate’s voluntary termination of employment with the Sponsors at or after the Associate reaches age 62.  Notwithstanding the foregoing, if applicable local law requires an applicable STIP to treat an Associate’s termination of employment as a retirement, such Associate will be deemed to have Retired at such termination of employment.

		
	(j)
	“Termination without Cause” means a Sponsor’s termination of an Associate’s employment for any reason other than death, disability, failure to return from a leave of absence or for Cause.  

Section 2.    Eligibility. 

2.1     General. 
		
	(a)
	Each (i) full-time salaried employee of the Sponsors and (ii) each other employee of the Sponsors whose employment agreement or MySuccess record indicates STIP eligibility or who is required to be eligible for a STIP under applicable local law governing that STIP (together, “Associates”) will be eligible to receive an Award if the Associate satisfies the requirements in clause (1), (2), (3) or (4):

		
	(1)
	the Associate is actively employed on the Payment Date for the Award; 

		
	(2)
	the Associate Retires before the Payment Date for the Award and was an Associate immediately prior to such Retirement; 

		
	(3)
	subject to Section 2.1(b), the Associate experiences a Termination without Cause before the Payment Date for the Award and was an Associate immediately prior to such termination; or

		
	(4)
	the Associate dies before the Payment Date for the Award and was an Associate immediately prior to death. 

		
	(b)
	Notwithstanding any provision of this Global Plan or any STIP to the contrary, an Associate who experiences a Termination without Cause and who is otherwise eligible to receive an Award pursuant to Section 2.1(a)(3) shall not be eligible to receive an Award unless, to the extent permitted by applicable local law, such Associate executes and tenders to the Company, and does not revoke, a general release of claims in a form provided by the Company which release must be signed, and any applicable revocation period shall have expired within 30 or 60 days (as specified by the Company at the time such release is provided) of the Associate’s termination of employment.

		
	(c)
	Any Associate whose employment with the Sponsors terminates under circumstances not described in Section 2.1(a)(2), (3), or (4) before the Payment Date for the Award will not be eligible for an Award.  Notwithstanding the foregoing, the Chief Executive Officer or the Executive Vice President, Human Resources of the Company (or with respect to an executive officer of the Company, the Compensation Committee) may each, individually, in his, her or its sole discretion and at his, her or its election, determine that an Associate remains eligible for an Award following a termination of employment not described in Section 2.1(a)(2),(3), or (4), and in such event, an Award will be paid to the Associate in accordance with such determination.  For the avoidance of doubt, bargaining unit employees and employees who are classified by a Sponsor as a temporary employee, intern, co-op or career training student will not be eligible for an Award under any STIP unless as required by applicable local law.

2.2     Eligibility of Employees of Newly Acquired Businesses. If a Sponsor acquires a business during the Performance Year through a stock purchase, a purchase of assets, a merger or consolidation, the employees of such business will not become eligible Associates under the Global Plan unless and until (i) such employees satisfy the requirements of Section 2.1 and (ii) an executive officer of the Company determines and designates in writing that a STIP applicable to such employees shall be governed by the Global Plan. 
Section 3.    Amount and Payment of Incentive. 

3.1     Amount of Incentive. 
		
	(a)
	The amount of an Award will be determined under the applicable STIP and will be based on the Associate’s Earnings.  Any Sponsor may choose not to pay an Award under the applicable STIP if the Sponsor determines, in its sole discretion, that performance does not warrant the payment of an Award for the applicable Performance Year. 

		
	(b)
	An Associate who is eligible for an Award under Section 2.1 but who Retires, dies or experiences a Termination without Cause prior to December 31 of the applicable Performance Year will receive a pro-rated Award based on the Associate’s Earnings for that Performance Year prior to the Associate’s Retirement, death or Termination without Cause, as applicable.

		
	(c)
	An Associate who takes leave covered under the U.S. Family Medical Leave Act at any time in the Performance Year but who is otherwise eligible for an Award under Section 2.1 for that Performance Year will receive a pro-rated Award based on Earnings actually earned by the Associate during the Performance Year.

		
	(d)
	An Associate who spent part of an applicable Performance Year in an employment category that is not eligible for an Award will be eligible for a pro-rated Award if the Associate satisfies the eligibility requirements of Section 2.1, provided that only those Earnings accrued as an Associate will be considered in the Award calculation. 

3.2     Payment of Incentive. The Awards will be paid in a single lump sum in cash between January 1 and March 15 of the Award Year or, if later, within 65 days of an Associate’s Termination without Cause if such Associate is eligible for an Award pursuant to Section 2.1(a)(3); provided, however, that Awards may be distributed (a) in multiple payments during the Performance Year if required by the STIP under which such Awards are granted or (b) at such time as required by applicable local law or local practice.  Notwithstanding any provision to the contrary, to the extent applicable, the Awards are intended to be exempt from Section 409A of the Internal Revenue Code of 1986, as amended and will be paid no later than the March 15 of the calendar year following the calendar year in which the right to the Award is no longer subject to a substantial risk of forfeiture (within the meaning of Treasury Regulation section 1.409A-1(d)).
Section 4.     Performance Measures.  The performance measures in the STIPs will be reviewed and approved by (a) the Compensation Committee, or (b) the executive officers of the Company, or (c) in the absence of such review and approval by the Compensation Committee or executive officers, the management of the applicable Sponsor and the Vice President, Compensation and Benefits of the Company; provided that the Compensation Committee will review and approve the performance measures for executive officers of the Company. 
Section 5.    Recovery of Incentive Payments.  If, after the effective date of this Global Plan, the Company is required to prepare an accounting restatement due to the Company’s material noncompliance 

with any financial reporting requirement under the U.S. federal securities laws (a “Restatement”) and the Compensation Committee determines, reasonably and in good faith, that any current or former Associate who received one or more Award opportunities under the Global Plan on or after the effective date of this Global Plan is personally responsible (in whole or in part) for causing the Restatement as a result of such Associate’s personal misconduct or any fraudulent activity on the part of such Associate, then the Compensation Committee has discretion to, based on applicable facts and circumstances and subject to applicable law, cause the Company to use prompt and reasonable efforts to seek the recovery of all or any portion (but no more than 100%) of the Awards (a) regarding which the Performance Year ended, or (b) that were paid to such Associate, in each case either (x) during the three fiscal years prior to the year in which the Board (or a committee of the Board) determines that a Restatement is required or (y) during the year in which the Board (or a committee of the Board) determines that a Restatement is required.  The amount of any Awards recovered by the Company shall be limited to the amount by which such Awards exceeded the amount that would have been paid to or received by such Associate had the Company’s financial statements for the applicable restated period or periods been initially filed as restated, as reasonably determined by the Compensation Committee.  For the avoidance of doubt, an accounting restatement is the result of the process of revising previously issued financial statements to reflect the correction of one or more errors that are material to those financial statements, and an accounting restatement due to a change in accounting policies or principles, approved by the Audit Committee of the Board, shall not be deemed a Restatement for purposes of this Global Plan.

Subject to and to the extent permitted by applicable law, the Compensation Committee shall also determine whether the Company shall effect any recovery by: (a) seeking repayment from the applicable current or former Associate; (b) reducing, except with respect to any non-qualified deferred compensation under Section 409A of the Internal Revenue Code of 1986, as amended, the amount that would otherwise be payable to such Associate under any compensatory plan, program or arrangement maintained by the Sponsors (subject to the terms and conditions of such plan, program or arrangement); (c) by withholding, except with respect to any non-qualified deferred compensation under Section 409A of the Internal Revenue Code of 1986, as amended, payment of future increases in compensation (including the payment of any discretionary bonus amount) that would otherwise have been made to such Associate in accordance with the Sponsors’ compensation practices; or (d) by any combination of these alternatives.  There shall be no duplication of recovery under this Section 5 and any of 15 U.S.C. Section 7243 (Section 304 of The Sarbanes-Oxley Act of 2002) or Section 10D of the Securities Exchange Act of 1934, as amended.

The Compensation Committee may at any time in its sole discretion supplement or amend portions of these recoupment provisions in any respect, repeal these recoupment provisions in whole or part or adopt new recoupment provisions relating to recovery of Awards with such terms as the Compensation Committee determines in its sole discretion to be appropriate.  The Compensation Committee has the exclusive power and authority to administer these recoupment provisions, including, without limitation, the right and power to interpret these recoupment provisions and to make all determinations deemed necessary or advisable for the administration of these recoupment provisions.  All such actions, interpretations and determinations taken or made by the Compensation Committee will be final, conclusive and binding.

Section 6.    No Right to Bonus for Continued Employment.  Neither the establishment of the Global Plan or the STIPs, nor the provision for or payment of any amounts hereunder, shall be held or construed to confer upon any person (a) any legal right to receive, or any interest in, any payment or other benefit under the Global Plan or STIPs or (b) any legal right to continue to serve as an officer or employee of any Sponsor.

Section 7.    Withholding.  The Company shall have the right to withhold an amount sufficient to satisfy any applicable federal, state, local or foreign withholding tax requirements imposed with respect to the payments under the Global Plan and STIPs.  Neither the Company nor its subsidiaries guarantee any particular tax result with respect to the payments made under the Global Plan and STIPs.
Section 8.    Nontransferability.  The rights and benefits under the Global Plan and STIPs shall not be transferable or assignable other than by will or the laws of descent and distribution.
Section 9.    Amendment and Termination.  The Company may amend or terminate the Global Plan at any time for any reason. The Sponsors may amend or terminate their applicable STIPs at any time for any reason, subject to any local law requirements.
Section 10.     Conflicts.  To the extent the terms of any STIP conflict with the Global Plan, the terms of the Global Plan will control, but only if the applicable terms of the Global Plan are permitted by the applicable local law governing the STIP. 
Section 11.     Compliance with Legal Requirements; Severability.  The Global Plan and each STIP will be subject to all applicable federal, state and local laws and regulations. If any provision of the Global Plan or any STIP is found to be illegal or invalid for any reason, such illegality or invalidity will be fully severable and will not affect the remaining provisions of such plan of which it is a part. Any of the Global Plan and each STIP that contains an illegal or invalid provision will be construed and enforced as if that provision had never therein been contained.
Section 12.    Other Acknowledgments.  Nothing in the Global Plan prevents any Associate or other employee from providing, without prior notice to the Sponsors, information to governmental authorities regarding possible legal violations or otherwise testifying or participating in any investigation or proceeding by any governmental authorities regarding possible legal violations.

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