Document:

Exhibit

INC RESEARCH HOLDINGS, INC. 
2014 Equity Incentive Plan, As Amended and Restated
Global Performance Restricted Stock Unit Award Agreement
This Global Performance Restricted Stock Unit Award Agreement (this “Agreement”) including any special terms and conditions for the Participant’s country set forth in Appendix B, attached hereto (the Performance Restricted Stock Unit Agreement and Appendix A and B,  together,  the  “Agreement”)  is made by and between INC Research Holdings, Inc., a Delaware corporation (the “Company”), and Participant Name (the “Participant”),  effective as of Grant Date (the “Date of Grant”). 
RECITALS
WHEREAS, the Company has adopted the INC Research Holdings, Inc. 2014 Equity Incentive Plan, As Amended and Restated (as the same may be amended and/or amended and restated from time to time, the “Plan”), which Plan is incorporated herein by reference and made a part of this Agreement, and capitalized terms not  otherwise  defined in  this  Agreement will have the meanings ascribed to those terms in the Plan; 
WHEREAS, the  Committee has  authorized and approved the grant of an Award to the Participant of Performance Restricted Stock Units  payable  in  shares of Common  Stock (the “Shares”), subject to the terms and conditions set forth in the Plan and this Agreement; and 
WHEREAS, the Performance Restricted  Stock  Units  granted under  this  Agreement  to  “covered  employees”  within  the meaning of Section 162(m) of the Code are intended  to  constitute “qualified  performance-based  compensation”  within  the meaning of Section 162(m) of the Code (“Qualified Performance-Based Compensation”).
NOW THEREFORE, in consideration of the premises and mutual covenants set forth in this Agreement, the parties agree as follows:
		
	1.
	Grant  of  Performance  Restricted  Stock  Units.   The  Company  has granted to the Participant,  effective  as  of  the  Date of Grant, Number of PRSUs Granted (“Total Award”) Performance Restricted Stock Units, on the terms and conditions set forth in the Plan and this Agreement, subject to adjustment as set forth in the Plan (the “PRSUs”).  

		
	2.
	Vesting  Eligibility of  PRSUs.  Subject  to the terms and conditions set forth in the Plan and this Agreement, the PRSUs will be eligible for vesting as follows:

		
	(a)
	General.   Except  as  otherwise  provided  in  Section  2(b), the PRSUs will be eligible for vesting based on the  attainment of certain Performance Goals during the  Performance  Periods as  set  forth on  Appendix A.  The  Committee will, promptly after the filing of the Company’s Form 10-K (or other report publicly furnished to the U.S. Securities and Exchange Commission (“SEC”)) for  each of the Performance Periods, review the applicable financial data as  reported in the Form 10-K (or such other report referenced above) and determine whether and to what extent the Performance Goals for each Performance Period set forth in 

Appendix A have been attained; provided, however, that in the case of PRSUs intended to constitute Qualified Performance-Based Compensation, the determination  of  the  level  of  attainment of the  Performance  Goals shall be certified in writing in accordance with the  requirements of  Code Section 162(m) by the Committee, which shall be comprised of “outside directors” within the meaning of Code Section 162(m).  On the basis of such determination or certified level of attainment of the Performance Goals, the Committee shall determined the number of PRSUs that are eligible for vesting.  For PRSUs that are intended to constitute Qualified  Performance-Based  Compensation, the  Performance Goal may not be adjusted except as specified in the attached Appendix A in accordance with the requirements of Code Section 162(m).  For PRSUs that are  not intended to constitute Qualified Performance-Based Compensation, the Committee  may make  such  adjustment to the Performance Goal as the Committee in its sole discretion deems appropriate.  In no event will determination or certification of achievement of the Performance Goals occur later than two and one-half (2 1⁄2) months following the end of each Performance Period. Only to the extent the Performance Goals are achieved, as  determined or  certified  by  the Committee, will the  PRSUs be eligible for vesting and settlement as described in Section 3 below,  such  that  PRSUs  that  do  not  vest  becoming  forfeited  as of  the determination or certification date applicable to the corresponding Performance Period.  
		
	(b)
	Effect of  Involuntary Termination in connection with Change in Control.  Any portion of the Total Award not previously forfeited will become fully vested immediately upon the Participant’s termination of Service in the event that (A) the Participant’s Service is terminated by the Company or a Subsidiary for any reason other  than  Cause,  death  or Disability or (B) the Participant resigns for Good Reason, in each case, at the time of, or during the period commencing on the date three (3) months prior to a Change in Control and ending twenty-four (24) months following such Change in Control. (either of  such  events of termination  within such period, a “CIC Termination”).

		
	(i)
	For  purposes  of  this  Agreement,  “Cause,”  “Change in Control,” and “Good Reason” shall have the meanings ascribed to such terms in the INC Research  Holdings,  Inc.  Executive  Severance  Plan  (the  “Severance Plan”).

		
	(ii)
	This  Section  2(b)  shall be interpreted consistently with the provisions of the  Severance Plan to give effect to the benefits intended to be provided under the Severance Plan, without regard to whether the Participant is an Eligible Executive under the Severance Plan.  Further, the vesting acceleration benefits provided  under  this Section 2(b) shall be subject to the conditions set forth in the Severance Plan.

		
	(iii)
	Any vesting acceleration provisions contemplated under this Section 2(b) shall be subject to the limitations provided in Section 5.5 of the Plan.

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	(iv)
	Any PRSUs that vest pursuant to this Section 2(b) shall also be subject to the additional settlement  provisions and subject to the conditions set forth in the Severance Plan.

		
	(v)
	The  provisions in this Section 2(b) shall apply without regard to whether the Participant is an Eligible Executive under the Severance Plan.

		
	3.
	Settlement of PRSUs.

		
	(a)
	Settlement in Stock.  PRSUs  eligible for vesting as described in Section 2 above will be settled by delivering to Participant a number of Shares equal to the number of PRSUs that are eligible to vest on the Vesting Date (as hereafter defined).  For purposes of  this Agreement, the “Vesting Date” will be the earlier of (x) the date on  which  the  Committee  approves  the achievement of the Performance Goals after the filing of the Form 10-K for the year ending December 31, 2019 (or such other report referenced in Section 2(a) above), provided that the Participant must remain in Service through such date, or (y) the date on which a CIC Termination occurs, in each case subject to the provisions of Section 14(l) of  this  Agreement and any additional restrictions on settlement and subject to the conditions set forth in the Severance Plan.  

		
	(b)
	Book-­Entry  Registration of the Shares; Delivery of Shares.  The Company shall issue  the  Shares  payable  pursuant  to  this  Agreement  within the  settlement period set forth in Section 3(b) by registering such Shares with the Company’s transfer agent (or another custodian selected by the Company) in book­-entry form in the Participant’s name.  In any case, the Company may  provide a  reasonable delay in the issuance or delivery of the Shares to address Tax­-Related Items, withholding, and other administrative matters provided that any such delay  does not result in a violation of Section 409A of the Code (to the extent the  Participant is a U.S. taxpayer).  Neither the Company nor the Committee will be liable to the Participant or any other Person for damages relating to any delays in issuing the Shares or any mistakes or errors in the issuance of the Shares.

		
	(c)
	Shareholder Rights. The Participant will not have any rights of a stockholder with respect to the Shares subject to the PRSUs, including voting and dividend rights, unless and until the Shares are delivered as described in Section 3(b) above.

		
	(d)
	Responsibility  for Taxes.  The Participant acknowledges that, regardless of any action  taken  by  the  Company  or,  if  different, the Subsidiary employing or retaining the Participant (the “Employer”),  the  ultimate  liability  for  all  Tax-Related Items is and remains the Participant’s responsibility and may exceed the amount  actually  withheld  by  the Company or the Employer.  The Participant further acknowledges that the Company and/or the Employer (1) make no representations  or undertakings regarding the treatment of any Tax-Related Items in  connection  with  any  aspect of the PRSUs, including, but not limited to, the grant or vesting of the PRSUs, the delivery of Shares following the Vesting Date, the subsequent sale of Shares acquired pursuant to such vesting/delivery and the 

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receipt  of  any  dividends and/or dividend equivalents; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the PRSUs to reduce or eliminate the Participant’s liability for Tax-Related Items or achieve  any particular tax result.  Further,  if  the  Participant is subject to Tax-Related Items in more than one jurisdiction, the Participant acknowledges that the Company and/or the Employer (or former  Employer,  as  applicable)  may  be required  to  withhold  or  account  for  Tax-Related  Items in more than one jurisdiction.
		
	(e)
	Withholding  Requirements.   Prior  to  any  relevant taxable or tax withholding event, as applicable, the Participant agrees to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items.  In this regard, the  Participant  authorizes  the Company and/or the Employer, or their respective agents, at the  Company’s and/or the Employer’s  discretion, to  satisfy  the  obligations  with  regard  to  all  Tax-Related  Items  by  one or a combination  of  the  following: (1)   cash  payment  by  the Participant to  the Company prior to the day of vesting of an amount that the Company will apply to the  required  withholding; (2) withholding from the Participant’s wages or other cash compensation paid to the Participant by the  Company and/or the Employer; (3)    withholding   from   proceeds  of   the  sale  of   Shares  acquired     upon   vesting/settlement of the PRSUs either through a voluntary sale or through a mandatory sale arranged by the Company (on the Participant’s behalf pursuant to this authorization); or (4) withholding in Shares to be  issued  upon  settlement of the PRSUs.  For purposes of alternative (4) above, any Shares withheld shall be credited for purposes of the withholding requirements at the Fair Market Value of the Shares on the  date that the tax withholding is determined.  Until such time as the Company provides notice to the contrary, it will collect withholding for Tax-Related Items pursuant to alternative (3) above; provided, however, that if such method (A) cannot be processed by the broker or (B) the  Participant is subject to the Company’s  Policy on Insider Trading  and  Communications with the Public (the “Insider Trading Policy”), the sale of Shares pursuant to alternative (3) is prohibited under the  Insider Trading  Policy and the Participant  has  not entered into  an  arrangement  that is intended to comply with the requirements of Rule 10b5-1(c)(1)  of  the  Exchange  Act  and that  provides for the sale of all of the Shares  subject  to this Agreement, the Company will instead collect withholding for Tax-Related Items pursuant to alternative (4).

The  Company  may withhold  or  account  for Tax-Related Items by considering rates  up  to,  but  not exceeding, the maximum tax rates in the Participant’s jurisdiction, in  which  case  the  Participant may receive a refund of any over-withheld amount in cash and will have no entitlement to the Common Stock equivalent.  If the obligation for Tax-Related Items is satisfied by withholding in Shares, for tax purposes, the Participant is deemed to have been  issued the full number of Shares subject to the vested PRSUs, notwithstanding that a number of the Shares is held back solely for the purpose of paying the Tax-Related Items.

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Finally, the Participant agrees to pay to the Company or the Employer, including through  withholding  from  the  Participant’s wages or other cash compensation paid to the Participant by the Company and/or the Employer, any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of the Participant’s participation in the Plan that cannot be satisfied by the means previously described.  The Company may refuse to issue or deliver the Shares or the proceeds of the sale of Shares, if the Participant fails to comply  with  the  Participant’s  obligations in connection with the Tax-Related Items.
		
	4.
	Forfeiture.  Except as provided in Section 2(b) above relating to certain terminations of Service  occurring  in  connection with a Change in Control, all PRSUs (whether eligible for   vesting  or  not)   will   be  forfeited  immediately,  automatically  and  without  consideration  upon a termination of the Participant’s Service for any reason (whether or not  later  to  be  found  invalid  or  in  breach  of  employment  laws  in the jurisdiction where  the  Participant  is  employed  or  the  terms  of  the Participant’s employment agreement,  if  any),  including  a  Participant’s  change  in  status  from  employee to consultant  or  other personal  service  provider,  prior to  the  Vesting Date.  In addition, any PRSUs for a given Performance Period which are not eligible for vesting after determination  of   the  attainment  of  the  Performance  Goals  for  such  Performance  Period  will  be  forfeited  as  of  the date of certification by the Committee and will not carry over to subsequent Performance Periods.  Without limiting the generality of the foregoing, the PRSUs and the Shares (and any resulting proceeds) will  continue  to be subject to Section 13 of the Plan.

		
	5.
	Adjustment to PRSUs.  In the event of any change with respect to the outstanding Shares contemplated by Section 4.5 of the Plan, the PRSUs may be adjusted in accordance with Section 4.5 of the Plan.

		
	6.
	Nature of Grant.  In accepting the PRSUs, the Participant acknowledges, understands and agrees that:

		
	(a)
	the  Plan  is  established voluntarily by the Company, it is discretionary in nature and  it  may be  modified, amended, suspended or terminated by the Company at any time, to the extent permitted by the Plan;

		
	(b)
	the  grant  of  the  PRSUs is exceptional, voluntary and occasional and does not create any contractual or other right to receive future grants of PRSUs, or benefits in lieu of PRSUs, even if PRSUs have been granted in the past; 

		
	(c)
	all decisions with respect to future PRSUs or other grants, if  any,  will  be at the sole discretion of the Company; 

		
	(d)
	the PRSUs and the Participant’s participation in the Plan shall not create a right to employment or be interpreted as forming an employment or services contract with the Company or any Subsidiary; 

		
	(e)
	the Participant is voluntarily participating in the Plan; 

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	(f)
	the PRSUs and the Shares subject to the PRSUs are not intended to replace any pension rights or compensation; 

		
	(g)
	the PRSUs and the Shares subject to the PRSUs, and the  income  and  value  of same, are not part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-service payments, bonuses, holiday pay, long-service awards, pension or retirement or welfare benefits or similar payments; 

		
	(h)
	unless otherwise agreed with the Company, the PRSUs and the Shares  subject to the PRSUs, and the income and value of same, are  not  granted as  consideration for,  or  in  connection  with,  the  service  that the Participant may provide as a director of a Subsidiary;

		
	(i)
	the  future value of the underlying Shares is unknown, indeterminable and cannot be predicted with certainty; 

		
	(j)
	no claim or entitlement to compensation or damages shall arise from forfeiture of the  PRSUs  resulting from the termination of the Participant’s Service (for any reason  whatsoever whether or not later found to be invalid or in breach of employment  laws  in  the  jurisdiction  where the Participant is employed or the terms of the Participant’s employment agreement, if any);

		
	(k)
	the following provision shall not apply to Participants in the state of California: In consideration of the grant of the PRSUs to which the Participant is otherwise not entitled, the Participant irrevocably agrees never to institute any claim against the Company or any of its Subsidiaries, waives his or her ability, if any, to bring any such  claim,  and releases the Company and its Subsidiaries from any such claim; if, notwithstanding the foregoing, any such  claim  is  allowed  by  a  court  of competent jurisdiction, then, by participating in the Plan, the Participant shall be deemed irrevocably to have agreed not to pursue such claim and agrees to execute any and all documents necessary to request dismissal or withdrawal of such claim;

		
	(l)
	The following provision applies if the Participant is providing services outside the United  States:  neither the Company nor any Subsidiary shall be liable for any foreign exchange rate fluctuation between the Participant’s local currency and the United States Dollar that may affect the value of the PRSUs  or  of  any amounts due to  the Participant pursuant to the settlement of the PRSUs or the subsequent sale of any Shares acquired upon settlement.

		
	7.
	No Advice Regarding Grant.  The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding the Participant’s participation in the Plan, or the Participant’s acquisition or sale of the underlying Shares.  The Participant is hereby advised to consult with the Participant’s own personal tax, legal and financial  advisors regarding the Participant’s participation in the Plan before taking any action related to the Plan.

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	8.
	Data Privacy.  The Participant hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of the Participant’s  personal data  as  described  in  this  Agreement  and any other PRSU grant materials by and among, as  applicable, the Employer, the Company and its Subsidiaries for the purpose of  implementing,  administering and managing the Participant’s participation in the Plan.

The Participant understands that the Company and the Employer may hold certain personal  information  about  the  Participant, including, but not limited to, the Participant’s name, home address, email address and telephone number, date of birth, passport,  social  insurance number or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company, details of all PRSUs or  any  other  entitlement  to  shares  of stock awarded, canceled, exercised, vested, unvested or  outstanding  in the Participant’s favor (“Data”), for the exclusive purpose of implementing, administering and managing the Plan. 
The  Participant  understands  that  Data  will  be transferred to Fidelity Stock Plan Services, LLC or any other broker selected by the Company, or such other stock plan service provider as may be selected by the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan.  The Participant understands that the recipients of the Data may be located in  the United  States or elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than the Participant’s  country.  The  Participant understands that the Participant may request a list with the names and addresses of any potential recipients of the Data by contacting the Participant’s local human  resources  representative.   The Participant authorizes the Company, Fidelity Stock Plan Services, LLC or any other broker selected by the Company and any other possible recipients which may assist the Company (presently or in the future) with implementing,  administering  and  managing the Plan to receive, possess, use,  retain and transfer the Data, in electronic or other form, for the purpose of implementing, administering and managing  the  Participant’s  participation  in  the  Plan.  The  Participant understands that Data will be  held  only  as  long  as  is  necessary  to  implement, administer and manage the Participant’s participation in the Plan.  The Participant understands that the Participant may, at any time, view Data, request additional  information  about  the  storage  and  processing  of  Data, require  any  necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the Participant’s local human resources representative.  Further, the Participant understands that the Participant is  providing the consents herein on a purely voluntary basis. If the Participant does not consent,  or if the Participant later seeks to revoke  the  Participant’s  consent,  the  Participant’s  Service with the Employer will not be affected; the only consequence of refusing or withdrawing the Participant’s consent is that the Company would not be able to grant PRSUs or other equity awards to  the  Participant  or  administer  or maintain  such  awards.  Therefore, the Participant understands that refusing or withdrawing the Participant’s consent may affect the Participant’s ability to participate in the Plan.  For more information on the consequences of the Participant’s refusal to consent or 

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withdrawal of consent, the Participant understands that  the  Participant  may contact the Participant’s local human resources representative.
		
	9.
	Language.  If  the  Participant has received this Agreement or any other document related to the Plan translated into a language other than  English  and  if  the  meaning of  the  translated version is different than the English version, the English version will control.

		
	10.
	Electronic Delivery and Acceptance.  The Company may, in its sole discretion, decide to deliver any documents related to current or future participation in the Plan by electronic means.  The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic  system  established and maintained by the Company or a third party designated by the Company.

		
	11.
	Imposition of Other Requirements.  The Company reserves the right to impose any other requirements on  the  Participant’s  participation  in the Plan, on the PRSUs and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require the Participant to sign any additional  agreements  or  undertakings  that  may  be necessary  to  accomplish  the foregoing.

		
	12.
	Appendix B.  Notwithstanding any provisions in  this Agreement,  the PRSUs  shall be subject to any special terms and conditions set forth in Appendix B for the Participant’s country.   Appendix  B  constitutes  part  of  this Performance Restricted Stock Unit Agreement.

		
	13.
	Insider Trading Restrictions/Market Abuse Laws.  The Participant acknowledges that, depending  on  his  or  her  country, the Participant may be subject to  insider trading restrictions and/or market abuse laws in applicable jurisdictions, which may affect his or her ability to, directly or indirectly, acquire, sell, or attempt to  sell Shares  or  rights to  Shares (e.g., PRSUs) under the Plan during such times as the Participant is considered to have  “inside  information”  regarding  the  Company (as  defined by  the laws  in the applicable jurisdictions or in the Participant’s country).  Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any applicable Company insider trading policy.  The Participant is responsible for ensuring compliance with any applicable restrictions and is advised to consult his or her personal legal advisor on this matter.

		
	14.
	Miscellaneous Provisions

		
	(a)
	Securities or Exchange Control Laws Requirements.  No Shares will be issued or transferred pursuant to this Agreement unless and until all then applicable requirements imposed by federal and state securities and  other  securities  or exchange  control  laws,  rules  and regulations and by any regulatory  agencies having jurisdiction, and by any exchanges upon which the Shares may be listed, have been fully met.  As a condition precedent to the issuance of Shares  pursuant to  this  Agreement,  the  Company  may  require  the  Participant  to take any reasonable action to meet those requirements.  The Committee may impose such 

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conditions on any Shares issuable pursuant to this Agreement as it may deem advisable,  including, without limitation, restrictions under the Securities Act of 1933, as amended, under the requirements of any exchange upon which shares of the same class are then listed and under any blue sky or other securities laws applicable to those Shares.  
		
	(b)
	Non­-Transferability.  The PRSUs and the rights and privileges conferred  thereby shall be non-transferrable except as provided by Section 15.3 of  the Plan.  Any  Shares delivered hereunder will be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange  Commission, any stock exchange  upon  which such shares  are listed, any  applicable federal,  state or local laws and any agreement with, or policy of, the Company or the Committee to which the Participant is a party or subject, and the Committee may cause  orders  or  designations to  be  placed  upon  any certificate(s)  or other  document(s) delivered to the Participant, or on the books and records of the Company’s transfer agent, to make appropriate reference to such restrictions.

		
	(c)
	No Right to Continued Service.  Nothing in this Agreement or  the Plan  confers upon the Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict  in  any  way the  rights  of  the  Company (or any Subsidiary employing or retaining the Participant) or of the Participant,  which  rights  are  hereby  expressly reserved by each,  to  terminate  his or her Service at any time and for any reason, with or without Cause.

		
	(d)
	Notification.   Any  notification required  by the terms of this Agreement will be given by the Participant (i) in a writing addressed to the Company at its principal executive office and will be deemed effective upon actual receipt when delivered by personal delivery or by registered or certified mail, with  postage  and  fees  prepaid, or (ii) by electronic transmission to the Company’s e-mail address of the Company’s General Counsel and will  be  deemed  effective upon actual receipt.   Any notification required by the terms of this Agreement will be given by the Company (x) in a writing addressed to  the  address  that  the  Participant most  recently provided to the Company and will be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid, or  (y) by  facsimile or electronic transmission to the Participant’s primary work fax number or e-mail address (as applicable) and will be deemed effective upon confirmation of receipt by the sender of such transmission.

		
	(e)
	Entire Agreement.  This Agreement and the Plan constitute the entire agreement between the parties hereto with regard to the subject  matter of  this  Agreement.  This Agreement and the Plan supersede any other agreements, representations or understandings (whether  oral  or written  and  whether express  or implied) that  relate to the subject matter of this Agreement.

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	(f)
	Waiver.   No  waiver  of  any  breach  or  condition  of  this Agreement by the Participant or any other Participant will be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature.

		
	(g)
	Successors and Assigns.  The provisions  of  this  Agreement  will  inure  to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s executor, personal representative(s), distributees,  administrator,  permitted transferees, permitted assignees, beneficiaries,  and legatee(s),  as applicable, whether or not any such person will have  become a party to this Agreement and have agreed in writing to be joined herein and be bound by the terms hereof.

		
	(h)
	Severability.  The provisions of this Agreement are  severable, and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, then the remaining provisions will nevertheless be binding  and enforceable.

		
	(i)
	Amendment.   Except as  otherwise provided in the Plan, this Agreement will not be amended unless the amendment is agreed to in writing by both the Participant and the Company.

		
	(j)
	Choice of Law; Jurisdiction.  This Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or otherwise) that may be based upon,  arise  out  of  or  relate to this Agreement will be governed by the internal laws of the State of Delaware, excluding any conflicts or choice-of-law rule or principle that might otherwise refer  construction  or  interpretation  of  this  Agreement to the substantive law of  another  jurisdiction.   The Participant  and each  party to this Agreement agrees that it will bring all claims, causes of action and proceedings (whether in contract, in tort, at law or  otherwise) that  may  be based upon, arise out of or be related to the Plan and  this Agreement  exclusively in the Delaware Court of Chancery or, in the event (but  only  in  the event)  that  such court does not have subject matter jurisdiction over  such  claim,  cause of action or proceeding, exclusively in  the  United  States  District  Court  for the District of Delaware (the “Chosen Court”), and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in the Chosen Court, (iii) waives any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of action will be effective if notice  is  given  in  accordance  with  this Agreement.

		
	(k)
	Signature in Counterparts. This Agreement may  be  signed  in  counterparts,  manually or electronically, each of which will be an original, with the same effect as if the signatures to each were upon the same instrument.

		
	(l)
	IRC Section 409A.  This Section 14(l) applies only to Participants who are U.S. taxpayers.

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Anything in this Agreement to the contrary notwithstanding, no PRSUs that are settled  as  a result of the  Participant’s  termination  of employment under Section 2(b) hereof that are non-qualified deferred compensation subject to Section 409A of the Code shall be settled unless the Participant experiences a “separation from service,” within the meaning of  the Code (“Separation from Service”) or, in  the  case of a settlement event that is made upon a Change in Control, the Change in Control is a “change in control event” (within the meaning of the Treasury Regulations  promulgated  under  Section  409A  of the Code (“409A CIC Event”). Any such PRSUs that are non-qualified deferred compensation subject to Section 409A, shall be  settled, as  applicable, within  60 days of the  Separation  from Service or 409A CIC Event, provided that if the Change in Control is not a 409A CIC Event, the PRSUs shall be settled on the 120th day following the Separation from Service. If the Participant is a “specified employee” within the meaning of Section 409A of the Code as of  the  date  of  the  Separation  from  Service (as determined in accordance with the methodology established by the Company as in  effect on the Date of Termination), any PRSUs  that  are  non-qualified deferred compensation that are payable upon a Separation from Service shall instead be settled on the first business day that is after the earlier  of  (i) the date that is six months following the date of the Participant’s  Separation  from Service  or  (ii)  the  date  of the Participant’s death, to the extent such delayed payment is otherwise required in order to avoid a prohibited distribution under Section 409A(a)(2) of the Code, or any successor provision thereto.

		
	(m)
	Acceptance.  The  Participant hereby acknowledges receipt of a copy of the Plan and this Agreement.  The Participant has read and understands the terms and provisions  of  the Plan  and this Agreement, and accepts the PRSUs subject to all of the terms and conditions of the Plan and this Agreement.  In the  event  of  a conflict between any term or provision contained in this Agreement and a term or provision of the Plan, the applicable  term  and provision of the Plan will  govern and prevail.

[Signature page follows.]

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IN WITNESS WHEREOF, the Company and the Participant have executed this Global Performance Restricted Stock Unit  Award Agreement and any appendices thereto as of the date first written above. 
INC RESEARCH HOLDINGS, INC.
By:       /s/ Alistair MacDonald    
Name:    Alistair MacDonald
Title:    Chief Executive Officer

PARTICIPANT
[Electronic Signature]                 
______________________________        
Participant Signature                    
Name: [Participant Name]
Acceptance Date: [Acceptance Date]

Signature Page to Performance Restricted Stock Unit Award Agreement

APPENDIX A
PERFORMANCE GOALS FOR PRSU VESTING ELIGIBILITY
The vesting eligibility  of  the  PRSUs granted pursuant to the attached Performance Restricted Stock Unit Award Agreement will be determined by the Committee in accordance with the Plan and this Appendix A.
Performance Periods:  There will be three performance periods in which one-third of the Total Award  amount  granted in  Section 1 above  will  be  measured against the Performance Goals stated in the table below for each year.

	
				
	Performance
Period
	Performance Goal
	Dates
	Units Subject to the Performance Goal

	1
	2017 EPS
	January 1, 2017 to December 31, 2017
	One-third  of  Total Award

	2
	2018 EPS
	January 1, 2018 to December 31, 2018
	One-third  of  Total Award

	3
	2019 EPS
	January 1, 2019 to December 31, 2019
	One-third  of  Total Award

Performance Goals:  PRSUs  will  be  eligible  for vesting based upon  Adjusted Diluted Net Income Earnings per share (or EPS) for each of the three Performance Periods as reported in the Company’s  Form  10-K, or  in  such  other  report  publicly  filed  with  the  SEC,  for each Performance Period based on the following schedules.
<Financial Targets>
Mandatory Adjustments for PRSUs Granted to Covered Employees: None.

A-1

APPENDIX B
INC RESEARCH HOLDINGS, INC. 
2014 Equity Incentive Plan, As Amended and Restated
Global Performance Restricted Stock Unit Award Agreement

Country-Specific Terms and Conditions

Capitalized  terms used  but not otherwise defined herein shall have the meaning given to such  terms in the INC Research Holdings, Inc. 2014 Equity Incentive Plan, As Amended and Restated (the “Plan”) and the Global Performance Restricted Stock Unit Award Agreement (the “Performance Restricted Stock Unit Agreement”).  This Appendix constitutes part of the Performance Restricted Stock Unit Agreement.
Terms and Conditions
This Appendix B includes additional terms and conditions that govern the PRSUs granted to the Participant  if  the Participant resides and/or works in a country listed below.  If the Participant moves  to  another country  after  receiving the grant of the PRSUs, the Company will, in its discretion, determine the extent to which the terms and conditions herein will be applicable to the Participant.
Notifications
This Appendix B  also includes information regarding exchange controls and certain other issues of  which  the Participant  should  be aware with respect to the Participant’s participation in the Plan.  The information is based on the securities, exchange control and other laws in effect in the respective countries as of December 2016.  Such laws are often complex and change frequently.  As a result, the Company strongly recommends that the Participant not rely on the information in this  Appendix  B  as  the  only  source  of  information  relating to the  consequences  of the Participant’ s participation in the Plan because the information may be out of date at the time that the PRSUs vest or the Participant sells Shares acquired under the Plan.
In  addition,  the information contained herein is general in nature and may not apply to the Participant’ s particular situation and the Company is not in a position to assure the Participant of a particular result.  Accordingly, the Participant should seek appropriate professional advice as to how the relevant laws in the Participant’s country may apply to the Participant’s situation.
Finally, if the  Participant is a  citizen  or resident of a country other than the one in which he or she is currently residing and/or working (or if the Participant is considered as such for local law purposes), the information contained herein may not be applicable to the Participant in the same manner.

B-1

Appendix B-2

UNITED KINGDOM
Terms and Conditions
Responsibility for Taxes.  The following provisions supplement Section 3 of the Performance  Restricted Stock Unit Agreement:
If payment or withholding of the  income tax due is not made within  ninety (90) days of the end of the tax year in which the event giving rise to the liability occurs or such other period specified in  Section  222(1)(c) of the  U.K. Income  Tax (Earnings  and  Pensions)  Act 2003 (the “Due Date”), the amount of any uncollected income tax will constitute a loan owed by  the Participant to the Company or the Employer, effective on the Due Date.  The Participant agrees that the loan will bear interest at the then-current Official Rate of Her Majesty’s Revenue and Customs (“HMRC”), it will be immediately due and repayable, and the Company or the Employer may recover it at any time thereafter by any of the means referred to in the Plan or in Section 3 of the Performance Restricted Stock Unit Agreement.
Notwithstanding  the  foregoing, if  the Participant  is  a  director  or  executive officer of the Company (within  the meaning  of Section 13(k) of  the  Exchange  Act), he or she will not be eligible for such a loan to cover the income tax due as described above.  In the event that the Participant is such a director or executive officer and the income tax is not collected from or paid by the Participant by the Due Date, the amount of any uncollected income tax may constitute a benefit to the Participant on which additional income tax and  national  insurance  contributions may be payable.  The Participant is responsible for reporting and paying any income tax due  on this additional benefit directly to HMRC under the self-assessment regime.  The Participant is responsible for reimbursing the Company or the Employer (as applicable) for the value of any employee national  insurance contributions due on this additional benefit and acknowledges that the Company or the Employer may recover such amount from him or her by any of the means referred to in Plan or in Section 3 of the Performance Restricted Stock Unit Agreement.

B-2Exhibit

INC RESEARCH HOLDINGS, INC. 
2014 Equity Incentive Plan, As Amended and Restated
Restricted Stock Unit Award Agreement for Directors
This Restricted Stock Unit Award Agreement for Directors, including the General Terms  and  Conditions  for  Non-U.S.  Participants  attached  hereto  as Appendix A  and any Country-Specific  Terms  and  Conditions  for  the  Participant’s  country  attached  hereto as Appendix B  (collectively,  this “Agreement”) is made by and between INC Research Holdings, Inc., a Delaware corporation (the “Company”), and XXXX. (the “Participant”), effective as of XXXX (the “Date of Grant”). 
RECITALS
WHEREAS, the Company has adopted the INC Research Holdings, Inc. 2014 Equity Incentive Plan, as Amended and Restated (as the same may be amended and/or amended and restated from time to time, the “Plan”), which Plan is incorporated herein by reference and made  a  part of  this  Agreement, and capitalized terms not otherwise defined in this Agreement will have the meanings ascribed to those terms in the Plan; and
WHEREAS,  the  Committee has authorized and approved the grant of an Award to the Participant of Restricted Stock Units payable in shares of Common Stock (the “Shares”), subject to the terms and conditions set forth in the Plan and this Agreement.  
NOW THEREFORE, in consideration of the premises and mutual covenants set forth in this Agreement, the parties agree as follows:
		
	1.
	Grant of Restricted  Stock Units.  The  Company has  granted to the Participant, effective as of  the Date of Grant, XXXX Restricted Stock Units, on the terms and conditions set forth in the Plan and this Agreement, subject to adjustment as set forth in the Plan (the “RSUs”).  

		
	2.
	Vesting of  RSUs.  Subject  to the terms and conditions set forth in the Plan and this Agreement, the RSUs will vest as follows:

		
	(a)
	General.  Except  as  otherwise  provided  in  Sections  2(b) and 4, 100% of the Shares subject to the RSUs will vest on the first anniversary of the Date of Grant, or, if earlier, the date of the next subsequent annual meeting following the Date of Grant but only to the extent the Participant is not re-elected as a Non-Employee Director  at  such  annual  meeting,  in  each  case, subject  to the Participant’s continued Service through the applicable vesting date.  

Change in Control.  To the extent that (i) the RSUs are not converted, assumed, substituted or replaced by a successor or survivor corporation, or a parent or subsidiary  thereof  upon  the  occurrence of a Change in Control or (ii) the Participant’s Service is not continued by the successor or survivor corporation in connection with such Change in Control, the RSUs will become fully vested 

1

immediately prior the consummation of a Change in Control subject to the Participant’s continued Service through the date of such Change in Control. 
		
	3.
	Settlement of RSUs Upon Vesting.

		
	(a)
	Settlement in Stock.  RSUs vested as described in Section 2 above will be settled by  delivering  to  Participant a number of Shares equal to the number of vested RSUs on the date on which the RSUs vest, subject to the terms of this Agreement. 

		
	(b)
	Book-­Entry Registration of the Shares; Delivery of Shares.  As soon as practical after  the  applicable  vesting  date,  the  Company will, at its election, either: (i) issue  a  certificate  representing  the  Shares  payable pursuant to this Agreement; or (ii) not issue any certificate representing the Shares payable pursuant to this Agreement and instead document the Participant’s interest in the Shares by registering such Shares with the Company’s transfer agent (or another custodian selected  by  the  Company) in book­-entry form in the Participant’s name.  In any case, the Company may provide a reasonable delay in the issuance or delivery of the Shares to address any applicable Tax-­Related Items, withholding, and other administrative matters.  Neither the Company nor the Committee will be liable to the  Participant or any other Person for  damages relating to any delays in issuing the Shares or any mistakes or errors in the issuance of the Shares.

		
	(c)
	Shareholder Rights. The Participant will not have any rights of a stockholder with respect to the Shares subject to the RSUs, including voting and dividend rights, unless and until the Shares are delivered as described in Section 3(b) above.

		
	(d)
	Withholding Requirements.  The Participant  acknowledges  that  the Participant will consult with his or her personal tax advisor regarding the Tax-Related Items that arise in connection with this Agreement.  The Participant is relying solely on such advisor  and is  not relying in any part on any statement or representation of the Company or any of its agents.  The Company shall not be responsible for withholding  any Tax-Related Items, unless required by applicable law.  The Company  may  take such action as it deems appropriate to ensure that all Tax-Related Items, which are the Participant’s sole and absolute responsibility, are withheld  or  collected from  the  Participant,  if and to  the extent required by applicable law.  In this regard, the Company will have the power and the right to require the Participant to remit to the Company, the amount necessary to satisfy federal, state and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of this Agreement (collectively,  "Withheld  Taxes").    Notwithstanding   the   foregoing,  unless  otherwise  determined  by the Committee, any obligations to pay Withheld Taxes will be met by having the Company withhold a number of Shares from the total number of  Shares otherwise issuable to Participant pursuant to this Agreement having a Fair Market Value on the date the Withheld Taxes are to be determined equal  to  the minimum  statutory  total Withheld Taxes that could be imposed on the  transaction  as  determined by the Company; provided, however, that to the extent permitted by U.S. generally accepted accounting principles, the number of 

2

Shares  to  be withheld to satisfy Withheld Taxes may be determined by reference to rates of up to the maximum applicable withholding rate.  
		
	4.
	Forfeiture.  Any unvested RSUs will be forfeited immediately, automatically and without consideration upon a termination of the Participant’s Service for any reason.  

		
	5.
	Adjustment to RSUs.  In the event of any change with respect to the outstanding shares of Common Stock contemplated by Section 4.5 of the Plan, the RSUs will be subject to the adjustment provisions of Section 4.5 of the Plan.

		
	6.
	Miscellaneous Provisions

		
	(a)
	Securities  Laws  Requirements  or Exchange Control Laws Requirements.  No Shares will be issued or transferred pursuant to this Agreement unless and until all then applicable requirements imposed by federal and state securities and other securities or exchange control laws, rules and regulations and by any regulatory agencies  having  jurisdiction,  and by any exchanges upon which the Shares may be listed, have been fully met.  As a condition precedent to the issuance of Shares pursuant to this Agreement, the Company may require the Participant to take any reasonable action to meet those requirements.  The Committee may impose such conditions on any Shares issuable pursuant to this Agreement as it may deem advisable,  including, without limitation, restrictions under the Securities Act of 1933, as amended, under the requirements of any exchange upon which shares of the same class are then listed and under any blue sky or other securities laws applicable to those Shares.  

		
	(b)
	Non­-Transferability.  The  RSUs  and the rights and privileges conferred thereby shall be  non-transferrable except as provided by Section 15.3 of the Plan.  Any shares of Common Stock delivered hereunder will be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission,  any  stock  exchange  upon  which  such  shares  are listed, any applicable  federal  or  state  laws  and  any  agreement  with, or policy of, the Company or the Committee to which the Participant is a party or subject, and the Committee  may cause orders or designations to be placed upon any certificate(s) or other  document(s) delivered to the Participant, or on the books and records of the Company’s transfer agent, to make appropriate reference to such restrictions.

		
	(c)
	No  Right  to Continued Service.  Nothing in this Agreement or the Plan confers upon the Participant any right to continue in Service for any period of specific duration.

		
	(d)
	Notification.   Any  notification  required by the terms of this Agreement will be given by the Participant (i) in a writing addressed to the Company at its principal executive office and will be deemed effective upon actual receipt when delivered by  personal  delivery  or  by registered or certified mail, with postage and fees prepaid, or (ii) by electronic transmission to the Company’s e-mail address of the 

3

Company’s  General  Counsel  and will be deemed effective upon actual receipt.  Any notification required by the terms of this Agreement will be given by the Company (x)  in  a writing  addressed  to  the address that the Participant most recently provided to the Company and will be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by  registered  or certified mail, with postage and fees prepaid, or (y) by facsimile or electronic transmission to the Participant’s primary work fax number or e-mail address (as applicable) and will be deemed effective upon confirmation of receipt by the sender of such transmission.
		
	(e)
	Entire Agreement.  This Agreement and the Plan constitute the entire agreement between  the  parties  hereto with regard to the subject matter of this Agreement.  This Agreement and the Plan supersede any other agreements, representations or understandings  (whether  oral  or  written and whether  express or implied) that relate to the subject matter of this Agreement.

		
	(f)
	Waiver.  No  waiver of any breach or condition of this Agreement will be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature.

		
	(g)
	Successors  and  Assigns.  The  provisions of  this Agreement  will  inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s executor, personal representative(s), distributees,  administrator,  permitted transferees, permitted assignees, beneficiaries,  and  legatee(s), as applicable, whether or not any such person will have become a party to this  Agreement and have agreed in writing to be joined herein and be bound by the terms hereof.

		
	(h)
	Severability.  The  provisions of this Agreement are severable, and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, then the remaining provisions will nevertheless be  binding and enforceable.

		
	(i)
	Amendment.  Except  as  otherwise provided in the Plan, this Agreement will not be amended unless the amendment is agreed to in writing by both the Participant and the Company.

		
	(j)
	Choice of Law; Jurisdiction.  This Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or relate to  this Agreement  will  be  governed by the  internal laws of the State of Delaware, excluding any conflicts or choice-of-law rule or principle that  might  otherwise  refer  construction or  interpretation of  this Agreement  to  the substantive  law of  another jurisdiction.  The Participant and each  party to this Agreement agrees that it will bring all claims, causes of action and  proceedings  (whether  in contract, in tort, at law or otherwise) that may be based  upon,  arise out of or be related to the Plan and this Agreement exclusively in  the  Delaware  Court of  Chancery or, in the event (but only in the event) that 

4

such  court  does  not have subject matter jurisdiction over such claim, cause of action  or  proceeding, exclusively  in  the  United  States District Court for the District of Delaware (the “Chosen Court”), and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in the Chosen Court, (iii) waives any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of  action will  be  effective  if  notice is given in accordance  with this Agreement.
		
	(k)
	Appendices For Non-U.S. Participants.  Notwithstanding any provisions in this Restricted Stock Unit Award Agreement, if the Participant resides and/or provides services outside the United States, the Participant shall be subject to the General Terms  and  Conditions for Non-U.S. Participants attached hereto as Appendix A and to any Country-Specific Terms and Conditions for the Participant’s country attached hereto as Appendix B.  If the Participant relocates from the United States to another country, the  General  Terms and Conditions for Non-U.S. Participants and the applicable Country-Specific Terms and Conditions will apply to the Participant,  to  the  extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons.  Moreover, if the Participant relocates between any of the countries included in the Country-Specific Terms and Conditions, the special terms and conditions for such country  will  apply to the Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative  reasons.  The General Terms and Conditions for Non-U.S. Participants and the Country-Specific Terms and Conditions constitute part of this Restricted Stock Unit Award Agreement.

		
	(l)
	Signature  in  Counterparts.  This  Agreement  may be signed in counterparts, manually or electronically, each of which will be an original, with the same effect as if the signatures to each were upon the same instrument.

		
	(m)
	Acceptance.   The Participant hereby acknowledges receipt of a copy of the Plan and this Agreement.  The Participant has read and understands the terms and provisions of the Plan and this Agreement, and accepts the RSUs subject to all of the  terms  and  conditions  of  the  Plan  and this Agreement.  In the event of a conflict between any term or provision contained in this Agreement and a term or provision  of the Plan,  the applicable term  and provision of the Plan will govern and prevail.

[Signature page follows.]

5

IN  WITNESS  WHEREOF,  the Company  and  the  Participant  have  executed  this Restricted Stock Unit Award Agreement as of the date first written above. 

[NAME]                        INC RESEARCH HOLDINGS, INC.

By:                        
Signature                        Name: Alistair Macdonald                             Title:    Chief Executive Officer

 

APPENDIX A
INC RESEARCH HOLDINGS, INC. 
2014 Equity Incentive Plan, As Amended and Restated
Restricted Stock Unit Award Agreement for Directors

General Terms and Conditions for Non-U.S. Participants

Capitalized  terms  used but not otherwise defined herein shall have the meaning given to such terms in the INC Research Holdings, Inc. 2014 Equity Incentive Plan, As Amended and Restated and the Restricted Stock Unit Award Agreement for Directors.
		
	1.
	Responsibility for Taxes.  The following  provision supplements Section 3(d) of the Restricted  Stock  Unit Award Agreement for Directors.

The Participant acknowledges that, regardless of any action taken by the Company, the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and may exceed the amount actually withheld by the Company.  The Participant further acknowledges that the Company (a) makes no representations or undertakings regarding the  treatment  of any Tax-Related  Items in connection with any aspect of the RSUs, including, but not limited to, the grant or vesting of the RSUs and the subsequent sale of Shares acquired pursuant to such vesting and the receipt of any dividends and/or dividend equivalents; and (b) does not commit to and is under no obligation  to structure the terms of the grant or any aspect of the RSUs to reduce or eliminate the Participant’s liability for Tax-Related Items  or  achieve  any particular  tax result.  Further,  if  the Participant is subject to Tax-Related Items in more than one jurisdiction, the Participant acknowledges that the Company may be required to withhold or account for Tax-Related Items in more than one  jurisdiction and may seek evidence from the Participant of his or her residency for purposes of operating such withholding or payment on account.
In  the event  that withholding in Shares is problematic under applicable tax or securities law or has materially adverse accounting consequences, the Participant authorizes the Company, or its respective agents, at the Company’s discretion, to satisfy the obligations with  regard to  all Tax-Related Items by one or a combination of the following: (i) withholding from the Participant’s director fees or other cash compensation paid to the Participant  by  the Company; (ii)  withholding  from  proceeds  of  the  sale of Shares acquired upon vesting/settlement of the RSUs either through a voluntary sale or through a mandatory sale arranged by the Company (on the Participant’s behalf pursuant to this authorization).  Depending on the withholding method, the Company may withhold or account  for  Tax-Related Items by considering maximum applicable rates, in which case the  Participant  will  receive a refund of any over-withheld amount in cash and will have no entitlement to the Common Stock equivalent.
The Company  may  refuse to  issue or deliver the Shares or the proceeds of the sale of Shares, if the Participant fails to comply with the Participant’s obligations in connection with the Tax-Related Items.

A-1

		
	2.
	Nature of Grant.  In accepting the RSUs, the Participant acknowledges, understands and agrees that:

		
	(a)
	the  Plan is  established voluntarily  by the Company, it is discretionary in nature and it  may  be modified,  amended, suspended or terminated by the Company at any time, to the extent permitted by the Plan;

		
	(b)
	the  grant  of the RSUs  is  voluntary  and occasional and does not create any contractual or other right to receive future grants of RSUs, or benefits in lieu of RSUs, even if RSUs have been granted in the past; 

		
	(c)
	all decisions with respect to future RSUs or other grants, if any, will be at the sole discretion of the Company; 

		
	(d)
	the RSUs and the Participant’s participation in the Plan shall not be interpreted as forming an employment or services contract with the Company or any Subsidiary; 

		
	(e)
	the Participant is voluntarily participating in the Plan; 

		
	(f)
	the  RSUs  and the Shares subject  to  the RSUs are not intended to replace any pension rights, Director fees or compensation; 

		
	(g)
	the RSUs and the Shares subject to the RSUs, and the income and value of same, are  not  part  of  normal or expected compensation for any purpose, and do not confer on Participant  any right to receive Director fees or other compensation in any specific amount; 

		
	(h)
	unless  otherwise  agreed  with the Company, the RSUs and the Shares subject to the RSUs, and the income and value of same, are not granted as consideration for, or in connection with, the service the Participant may provide as a director of a Subsidiary;

		
	(i)
	the future  value of the underlying Shares is unknown, indeterminable and cannot be predicted with certainty;

		
	(j)
	no claim or entitlement to compensation or damages shall arise from forfeiture of the  RSUs  resulting  from  the  termination of the Participant’s Service (for any reason whatsoever);

		
	(k)
	the Company shall not be liable for any foreign exchange rate fluctuation between the Participant’s  local currency and the United States Dollar that may affect the value  of  the  RSUs  or  of any amounts due to the Participant pursuant to the settlement  of the RSUs or the subsequent sale of any Shares acquired upon settlement.

		
	3.
	No Advice Regarding Grant.  The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding the Participant’s participation in the Plan, or the Participant’s acquisition or sale of the underlying Shares.  

A-2

The Participant is hereby advised to consult with the Participant’s own personal tax, legal and financial  advisors regarding the Participant’s participation in the Plan before taking any action related to the Plan.
		
	4.
	Data Privacy.  The Participant hereby explicitly and unambiguously consents to the collection,  use and transfer, in electronic or other form, of the Participant’s personal data as described in this Agreement and any other RSU grant materials by and among, as applicable, the  Company and its Subsidiaries for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan.

The Participant understands that the Company may hold certain personal information about  the  Participant,  including, but not  limited to, the Participant’s name, home address, email address and telephone number, date of birth, passport, social insurance number or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company, details of all RSUs or any other entitlement to shares of stock awarded, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”), for the exclusive purpose of implementing, administering and managing the Plan. 
The  Participant  understands  that Data  will  be transferred to Fidelity  Stock Plan Services, LLC or any other broker selected by the Company, or such other stock plan service provider as may be selected by the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan.  The Participant understands that the recipients of the Data may be located  in the  United States or elsewhere, and that the recipients’ country (e.g., the United States) may have different  data  privacy laws and protections than the Participant’s country.  The Participant understands that the Participant may request a list with the names and addresses of any potential recipients of the Data by contacting the Participant’s local human  resources  representative.  The Participant  authorizes the Company, Fidelity Stock Plan Services, LLC or any other broker selected by the Company and any other possible recipients which may assist the Company (presently or in the future) with implementing,  administering  and  managing  the Plan to receive, possess, use, retain and  transfer  the  Data, in  electronic or  other  form,  for   the  sole  purpose  of implementing, administering and managing the Participant’s participation in the Plan.  The Participant understands that Data will be held only as long as is necessary to implement, administer and manage the Participant’s participation in the Plan.  The Participant understands that the Participant may, at any time, view Data, request additional  information  about  the  storage  and  processing  of  Data,  require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the Participant’s local human resources representative.   Further, the Participant understands that the Participant is providing the consents  herein on a purely voluntary basis. If the Participant does not consent, or if  the  Participant  later  seeks  to revoke the Participant’s consent, the Participant’s Service will not be affected; the only consequence of refusing or withdrawing the Participant’s  consent  is that the Company would not be able to grant RSUs or other equity  awards  to  the  Participant or administer or maintain such awards.  Therefore, 

A-3

the  Participant  understands  that  refusing or  withdrawing the Participant’s consent may affect the Participant’s ability to participate in the Plan.  For more information on the consequences of the Participant’s refusal to consent or withdrawal of consent, the Participant understands that the Participant may contact the Company’s stock administration department.
		
	5.
	Language.  If the Participant has  received this  Agreement or any other document related to  the  Plan translated  into  a  language other  than English and if the meaning of the translated version is different than the English version, the English version will control.

		
	6.
	Imposition of Other Requirements.  The Company reserves the right to impose any other requirements  on  the Participant’s  participation  in  the Plan, on  the RSUs and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require the Participant to sign any additional  agreements  or  undertakings   that  may  be  necessary to  accomplish the  foregoing.

		
	7.
	Insider Trading Restrictions/Market Abuse Laws.  The Participant acknowledges that, depending on his or her  country, the  Participant  may  be subject  to insider  trading restrictions and/or market  abuse laws,  which  may  affect his or her ability to acquire or sell  Shares  or  rights to  Shares (e.g., RSUs) under the Plan during such times as the Participant is considered to have “inside information” regarding the Company (as defined by the laws in the Participant’s country).  Any restrictions under these laws or regulations are  separate  from and in addition to any restrictions that may be imposed under any applicable Company insider trading policy.  The Participant is responsible for ensuring compliance with any applicable restrictions and is advised to consult his or her personal legal advisor on this matter.

		
	8.
	Foreign  Asset/Account  Reporting;  Exchange Controls.  The Participant’s country may have  certain  foreign  asset and/or  account  reporting  requirements  and/or exchange controls  which  may  affect  the Participant’s ability to acquire or hold Shares under the Plan  or  cash received  from  participating  in  the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside  the  Participant’s  country.  The  Participant  may  be  required to report  such accounts, assets or transactions to the tax or other authorities in his or her country.  The Participant also may be required to repatriate sale proceeds or other funds received as a result  of  the  Participant’s  participation  in  the Plan  to his or her country through a designated bank or broker and/or within a certain time after receipt.  The Participant acknowledges  that  it is his  or  her responsibility to be compliant with such regulations, and  the Participant is  advised to consult  his or  her personal  legal advisor for any details.

A-4

APPENDIX B
INC RESEARCH HOLDINGS, INC. 
2014 Equity Incentive Plan, As Amended and Restated
Restricted Stock Unit Award Agreement for Directors
Country-Specific Terms and Conditions

Capitalized  terms used but not  otherwise defined herein shall have the meaning given to such terms  in the INC  Research Holdings, Inc. 2014  Equity  Incentive  Plan,  As  Amended  and Restated, the Restricted Stock Unit Award Agreement for Directors and the General Terms and Conditions for Non-U.S. Participants attached thereto as Appendix A.
Terms and Conditions
This Appendix B includes additional terms and conditions that govern the RSUs granted to the Participant  if  the Participant resides and/or works in a country listed below.  If the Participant moves  to  another country  after  receiving  the  grant  of the RSUs, the Company will, in its discretion, determine the extent to which the terms and conditions herein will be applicable to the Participant.
Notifications
This Appendix  B also includes information regarding exchange controls and certain other issues of  which  the Participant  should  be aware with respect to the Participant’s participation in the Plan.  The information is based on the securities, exchange control and other laws in effect in the respective countries as of April 2016.  Such laws are often complex and change frequently.  As a result, the Company strongly recommends that the Participant not rely on the information in this Appendix B as the only source of information relating to the consequences of the Participant’s participation  in  the Plan because  the information may be out of date at the time that the RSUs vest or the Participant sells Shares acquired under the Plan.
In addition, the information contained herein is general in nature and may not apply to the Participant’s  particular situation and the Company is not in a position to assure the Participant of a particular result.  Accordingly, the Participant should seek appropriate professional advice as to how the relevant laws in the Participant’s country may apply to the Participant’s situation.
Finally, if the Participant is a citizen or resident of a country other than the one in which he or she is currently residing and/or working (or if the Participant is considered as such for local law purposes), the information contained herein may not be applicable to the Participant in the same manner.
CANADA
Terms and Conditions
RSUs Settled  in  Shares Only.  Notwithstanding  any discretion contained in the Plan, or any provision in  this Agreement  to  the contrary, RSUs  granted to Participants in Canada shall be settled in Shares only and do not provide any right for the Participant to receive a  cash payment.

B-1

Notifications
Securities Law Information.  The Participant is permitted to sell Shares acquired under the Plan through a  broker  acceptable to  the Company, provided the resale of Shares acquired under the Plan takes place outside of Canada through the facilities of a stock exchange on which the Shares are listed.  The Shares are currently listed on the NASDAQ Global Select Market.
Foreign Asset/Account Reporting Information.  Canadian residents are required to report foreign property, including  Shares and rights  to receive Shares (e.g. RSUs granted or Shares acquired under the Plan) in a non-Canadian company, on Form T1135 (Foreign Income Verification Statement),  on  an  annual  basis, if  the total cost of  the individual’s  foreign  property  exceeds C$100,000  at  any time during  the year.  Thus, if the C$100,000 cost threshold is exceeded by other  foreign  property  held  by the individual,  RSUs must be reported.  Such RSUs may be reported at a nil cost.
For  purposes of the reporting, Shares acquired under the Plan may be reported at their adjusted cost bases.  The adjusted cost basis of a Share is generally equal to the fair market value of such Share at the time of  acquisition;  however, if  the  individual owns other Shares (e.g., acquired  under other circumstances or at another time), the adjusted cost basis may be different. 
The  Participant  is advised to  consult  his or  her  personal  tax  advisor  to  determine the Participant’s exact reporting requirements in this regard.
GERMANY
Notifications
Exchange Control Information.
Cross-border payments in excess of €12,500 must be reported  monthly to the German  Federal Bank (Bundesbank).  In the case of payments in connection with securities (including proceeds realized  upon  the sale of  Shares),  the report  must  be  made by  the  fifth day of the month following the month in which the payment was received.  The report must be filed electronically and  the  form of  report  (“Allgemeine  Meldeportal  Statistik”)  can  be   accessed  via  the Bundesbank’s website (www.bundesbank.de).

B-2

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