Document:

PERFORMANCE SHARE UNIT GRANT AGREEMENT

    UNDER THE EXECUTIVE LONG-TERM INCENTIVE PLAN,

    UNDER THE BUSINESS OFFICER EQUITY PROGRAM

    PURSUANT TO THE 2014 KEY EMPLOYEE STOCK PLAN

    TO: <<Participant>>

    To recognize and reward your contribution toward the long-term success of John Wiley & Sons, Inc. (Wiley or Company), you have been granted this
      performance share unit award (Award) under the Executive Long-Term Incentive Plan or the Business Officer Equity Program (together herein defined
      as Program), pursuant to the Company’s 2014 Key Employee Stock Plan (Plan). The Award represents the right to receive shares of the Company’s Class A Common Stock (Shares) that are
      subject to achievement of the performance criteria and of the vesting conditions set forth in this agreement (Agreement).

    The details of your Award are summarized below:

    Grant ID: <<Grant ID>> 

    Grant Date:  June 22, 2022

    Target Number of Performance Share Units:  <<Number of RPSUs>> 

    Performance Period: Fiscal Years 2023-2025 (May 1,
            2022-April 30, 2025)

    Vesting Date: 100% on June 30, 2025, except as otherwise provided in Section 3.

    The terms of the Award are as set forth in this Agreement and in the Plan, a copy of which is available on the UBS One
      Source Website. The Plan is incorporated into this Agreement by reference, which means that this Agreement is limited by and subject to the express terms and provisions of the Plan. In the event of a conflict between the terms of this Agreement and
      the terms of the Plan, the terms of the Plan shall govern.

    
      	
              1.

            	
              Performance Criteria. The Performance Period for this Award is three (3) fiscal years covering three years of financial performance.  Company Revenue (weighted at 50%) and Company
                EBITDA (weighted at 50%) are the financial performance measures used for this Performance Period.  The non-achievement of the threshold performance level
                for one of the financial criteria does not preclude a payout for that other financial criterion.

            

    

    Revenue  Gross annual Revenue, net of provision for returns, cancellations, etc., in a manner consistent with amounts reported for the Company’s results for each year of the Performance Period.

    EBITDA  Adjusted operating income excluding depreciation expense and amortization of intangible and product development assets in the Company’s Summary of Operations, consistent with amounts reported for the Company’s adjusted EBITDA results reported
      publicly, for each year of the Performance Period.

     

    

    
      
        

        

      

      
        

      
        

        

      

    

    Targets for Revenue and EBITDA will be set at the beginning of each fiscal year of the Performance
      Period, and payout will be equal to the average achievement for the three years.

    The following table
        outlines the financial performance measures for Fiscal Year 2023.

    Participants will receive an addendum containing the financial performance measures for Fiscal Years
      2024 and 2025.

    

    	
            Performance Level for

          	
            Payout Range for Such Goal

          
	
            <Threshold

          	
            No performance share units are earned

          
	
            Threshold

          	
            50% of the target number of performance share units are earned

          
	
            >Threshold and <Target

          	
            between 50% and 100% of the target number of performance share units are earned, on a pro-rata basis

          
	
            Target

          	
            the target number of performance share units are earned

          
	
            >Target and <Outstanding

          	
            between 100% and 200% of the target number of performance share units are earned, on a pro-rata basis

          
	
            Outstanding or above

          	
            200% of the target number of performance share units are earned

          

    

    

    Discretion: Regardless

      of any provision of the Plan to the contrary, the Committee will not exercise its discretion to adjust any award downward below the amount that would otherwise be payable except in extraordinary circumstances.

    
      	
              2.

            	
              Issuance

                  of Shares and Shareholder Rights. Following the performance period, any performance share units earned for the performance period remain subject to vesting as described herein.  You shall not have any right in, to, or with respect to any of the Shares (including any voting rights or rights with respect to dividends paid on the Common Stock) issuable under the Award until the Award is
                  settled by the issuance of such Shares to you.  One Share shall be issuable for each performance share unit that vests on such vesting date subject to the terms and provisions of the Plan and this Agreement.  On or promptly
                following that date, the Company shall transfer such Shares to you upon satisfaction of any required minimum tax withholding obligations. No fractional shares shall be issued under this Agreement. Following settlement of the Award, and upon
                satisfaction of all minimum tax withholding obligations, you become a shareholder of record, and shall receive voting rights and rights with respect to dividends paid thereafter on the Shares awarded.

            

      
        
          

          

        

        
          

        
          

          

        

      

    

    
      	
              3.

            	
              Termination of Employment.

            

    

    
      	
              a.

            	
              Resignation or Termination with Cause. 

                Except as otherwise provided in this Section or in a written agreement approved by the Executive Compensation and Development Committee (Committee), if you resign, or if your employment is terminated by the Company with Cause before the
                Award is vested, you shall forfeit the right to receive an Award (whether or not the performance criteria have been met).

            

    

    
      	
              b.

            	
              Retirement,

                    Termination without Cause.  If you Retire, or if your employment is terminated by the Company without Cause, and you have been an active participant in the Performance Period for at least one (1) year or more, you shall
                receive a prorated Award, which shall be paid out in Shares based upon actual performance upon the conclusion of the Performance Period.

            

    

    
      	
              c.

            	
              Death or Disability.  In the event
                of your death or Disability while in employment prior to the end of the Performance Period, you (or, in the event of your death, your estate) shall receive a prorated Award which shall be paid out in Shares based upon actual performance
                upon the conclusion of the performance period.  In the event of your death or Disability following the end of the performance period but prior to full vesting of the Shares, you (or, in the event of your death,
                your estate) shall receive an Award which shall be paid out in Shares based upon actual performance upon the conclusion of the Performance Period. “Disability” for this purpose shall be determined by the Committee pursuant to Section 22(e)
                (3) of the Code.

            

    

    
      	
              d.

            	
              Change in Control.  In
                  the event of a Change in Control, as that term is defined in the Plan, in cases where:

            

    

    
      	
              i.

            	
              the acquiring company is not publicly traded, or

            

    

    
      	
              ii.

            	
              where the acquiring company is publicly traded and the company does not assume or replace
                the outstanding equity, or

            

    

    
      	
              iii.

            	
              your employment is terminated due to a without Cause termination or Constructive Discharge
                within twenty-four (24) months following a change in control where the awards were assumed or replaced,

            

    

    the target Award
        (determined as if performance were at the target level) granted pursuant to this Agreement shall immediately become fully vested, and all Shares granted pursuant to this Agreement that are earned but unvested shall immediately become fully vested and settled through the issuance of Shares promptly following such event.

    Cause is defined as:  (A) your refusal or willful and continued failure
      to substantially perform your material duties to the best of your ability (for reasons other than death or disability), in any such case after written notice thereof and your failure to remedy such refusal or failure; (B) your gross negligence in the
      performance of your material duties; (C) any act of fraud, misappropriation, material dishonesty, embezzlement, willful misconduct or similar conduct; (D) your conviction of or plea of guilty or nolo contendere to a felony or any crime involving
      moral turpitude; or (E) your material and willful violation of any of the Company’s reasonable rules, regulations, policies, directions and restrictions.

    
      
        

        

      

      
        

      
        

        

      

    

    Constructive Discharge is defined as:  (A) any material reduction of your base salary or total compensation
      opportunity other than a general reduction in base salary and/or total compensation opportunity that affects all substantially similar executives in substantially the same proportion; (B) a material and adverse change to, or a material reduction of,
      your duties and responsibilities to the Company (other than temporarily while you are physically or mentally incapacitated, or as required by applicable law); or (C) the relocation of your primary office to any location more than fifty (50) miles
      from the Company’s principal executive offices, resulting in a materially longer commute for you.

    Retirement is defined as a participant’s
        retirement after attaining a minimum of age 55 with 10 or more years of continuous employment with the Company, or any Subsidiary or Affiliate.

    
      	
              4.

            	
              Restrictions. 

                Except as otherwise provided for in this Agreement or in the Plan, the performance share units or rights granted hereunder may not be sold, pledged or otherwise transferred.

            

    

    
      	
              5.

            	
              Non-Compete, Non-Solicitation

            

    

    
      	
              a.

            	
              During your employment with the Company, you have and will become familiar with the Company’s trade secrets, information
                related to the operations, products and services of the Company, and with other Confidential Information concerning the Company, its subsidiaries, affiliates, and companies acquired by the Company. Therefore, during your employment period
                and for a period of one year thereafter, you agree that you shall not directly or indirectly own any interest in, manage, control, participate in, consult with, or render services for any Competing Business.

            

    

    A “Competing Business” is any person or entity that (i) conducts or is planning to conduct a business similar to
      and/or in competition with any Company business unit to which you rendered services during the two year period prior to the date at issue or (ii) creates, develops, distributes, produces, offers for sale or sells a product or service that can be used
      as a substitute for, or is generally intended to satisfy the same customer needs for, any one or more products or services created, developed, distributed, produced or offered for sale or sold by the Company business unit to which you rendered
      services during the two year period prior to the date at issue.  In the event that you have an enterprise role at the Company, you will be deemed to render services to all Company business units.

    
      	
              b.

            	
              During your employment and for a period of one year thereafter, you agree that you shall not directly, or indirectly through
                another entity, (i) induce or attempt to induce any employee of the Company or any affiliate to leave the employ of the Company or such affiliate, or in any way interfere with the relationship between the Company or any affiliate and any
                employee thereof, (ii) solicit, induce, recruit or hire any person who was an employee of the Company or any affiliate at any time during your employment with the Company, or (iii) induce or attempt to induce any customer, supplier,
                licensee, licensor, franchisee or other business relation of the Company or any affiliate to cease doing business with the Company or such affiliate, or in any way interfere with the relationship between any such customer, supplier,
                licensee, licensor, franchisee or business relation and the Company or any affiliate (including, without limitation, making any negative statements or communications about the Company or its affiliates).

            

      
        
          

          

        

        
          

        
          

          

        

      

    

    
      	
              c.

            	
              Forfeiture of Awards.  By accepting
                the Award, you expressly agree and acknowledge that the forfeiture provisions will apply if the Committee determines, in its sole judgment, that you have engaged in an act that violates paragraph (a) and/or (b).  In

                such a determination, your outstanding Performance Share Units will immediately be rescinded, and you will forfeit any rights you have with respect to these Performance Share Units as of the date of the
                Committee’s determination.  In addition, you hereby agree and promise immediately to deliver to the Company an amount equal to the value of any Performance Share Units you received under this Award during the period beginning twelve (12)
                months prior to your Termination of Employment and ending on the date of the Committee’s determination.

            

    

    
      	
              6.

            	
              Clawback. 
                In the event that the Company is required to file a restatement of its financial results due to fraud, gross negligence or intentional misconduct by one or more employees and/or material non-compliance with Securities laws, the Company
                shall cancel the unvested performance share units previously granted to you in the amount by which such performance share units exceed any lower number of performance share units that would have been earned based on the restated financial
                results, for the performance period in which the restatement was required, and if applicable, any gain associated with the Award for that performance period shall be repaid to the Company by you in the amount by which such gain exceeds any
                lower gain that would have been made based on the restated financial results, to the full extent required or permitted by law.

            

    

    If you are directly responsible for or involved in fraud, gross negligence or intentional misconduct
      that causes the Company to file a restatement of its financial results, the Company shall cancel the unvested performance share units previously granted to you, for the performance period in which the restatement was required, and if applicable, any
      gain associated with the Award for that performance period shall be repaid to the Company by you, to the full extent required or permitted by law. 

    This Section 6 shall be deemed to be automatically revised if the Company amends its clawback policy, and such amended clawback policy
      shall apply in lieu hereof.

    
      	
              7.

            	
              Taxes.

            

    

    
      	
              a.

            	
              Generally.  You
                are ultimately liable and responsible for all taxes owed in connection with the Award and dividend payments arising from this Award, regardless of any action the Company or UBS takes with respect to any tax withholding obligations that
                arise in connection with the Award.  Neither the Company nor UBS makes any representation or undertaking regarding the treatment of any tax withholding in connection with the grant or vesting of the Award or the subsequent sale of Shares
                issuable pursuant to the Award.  The Company does not commit and is under no obligation to structure the Award to reduce or eliminate your tax liability.  The Company may refuse to issue any Shares to you until you satisfy the tax
                withholding obligation.   For purposes hereof, “UBS” includes the Plan third party administrator and any successor thereto.

            

      
        
          

          

        

        
          

        
          

          

        

      

    

    
      	
              b.

            	
              Payment of Withholding Taxes. 
                Prior to each vesting date in connection with the Award that results in any domestic or foreign tax withholding obligation, whether national, federal, state or local, including any social tax obligation, you must arrange for the
                satisfaction of the minimum amount of such tax withholding obligation, as required, in a manner acceptable to the Company.  You are responsible for obtaining professional advice as appropriate.  Prior to the vesting dates in connection with
                the Award, you shall be notified by UBS of any minimum tax withholding obligation.  You have the option of satisfying your minimum tax withholding obligation in one of two ways: 

                

            

    

    
      	
              i.

            	
              By Surrendering
                  Shares.  Unless you choose to satisfy the minimum tax withholding obligation by some other means in accordance with clause (ii) below, your acceptance of this Award constitutes your instruction and authorization to the Company and
                UBS to withhold a whole number of Shares from those Shares issuable to you as the Company and UBS determine to be appropriate to satisfy your minimum tax withholding obligation on each vesting date.

            

    

    
      	
              ii.

            	
              By Check (U.S. participants only),
                  Wire Transfer or Other Means.  You may elect to satisfy your minimum tax withholding obligation by remitting to UBS as instructed an amount that the Company and UBS determine is sufficient to satisfy the minimum tax withholding
                obligation.

            

    

    
      	
              8.

            	
              Plan Information.    You
                acknowledge that you have received the Fiscal Year 2023-2025 (May 1, 2022-April 30, 2025) performance criteria and the Program summary from the Company, and you agree to receive stockholder information, including copies of any annual
                report, proxy statement and other periodic reports, from the Investor Relations section of http://www.wiley.com.  You acknowledge that
                copies of the Plan and stockholder information are available upon written or telephonic request to the Corporate Secretary.

            

    

    
      	
              9.

            	
              Limitation on
                  Rights; No Right to Future Grants; Extraordinary Item. By entering into this Agreement and accepting the Award, you acknowledge that: (a) the Plan is discretionary and may be modified, suspended or terminated by the Company at any
                time as provided in the Plan; (b) the grant of the Award is a one-time benefit and does not create any contractual or other right to receive future grants of awards or benefits in lieu of awards; (c) all determinations with respect to any
                such future grants, including, but not limited to, the times when awards shall be granted, the number of shares subject to each award, the award price, if any, and the time or times when each award shall be settled, shall be at the sole
                discretion of the Company; (d) your participation in the Plan is voluntary; (e) the value of this Award on an ongoing basis is an extraordinary item which is outside the scope of your terms of employment or your employment contract, if any;
                (f) the Award is not part of normal or expected compensation for any purpose, including without limitation for calculating any benefits, severance, resignation, termination, redundancy, end of service payments, bonuses, long-service awards,
                pension or retirement benefits or similar payments; (g) the future value of the Common Stock subject to the Award is unknown and cannot be predicted with certainty, (h) neither the Plan, the Award nor the issuance of the Shares confers upon
                you any right to continue in the employ of (or any other relationship with) the Company or any Subsidiary, nor do they limit in any respect the right of the Company or any Subsidiary to terminate your employment or other relationship with
                the Company or any Subsidiary, as the case may be, at any time.

            

    

    
      	
              10.

            	
              Acceptance and
                  Acknowledgment. I accept and agree to the terms of the Performance Share Unit Award described in this Agreement and in the Plan, acknowledge receipt of a copy of this Agreement, the Plan and the applicable Program Summary, and
                acknowledge that I have read them carefully and that I fully understand their contents.Exhibit 101 Termination Agreement

		

			 

		

		
			July 27, 2022 (revised as of 8/19/2022)
		

		
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			PERSONAL AND CONFIDENTIAL
		

		
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			Doug Jones
		

		
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			Re:Transition Agreement and General Release
		

		
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			Dear Doug:
		

		
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			This Transition Agreement and General Release (“Agreement”) sets forth the terms of your transition of role and separation of employment with MSC Industrial Direct Co., Inc. (the Company”).
		

		
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				 1.
			Your last day of active employment with the Company will be December 31, 2023 (the “Termination Date”).  The following are the specific terms of this agreement:

		
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				 a.
			You will remain in your current role through March 1, 2023. You will remain employed by the Company in your current title and you will be expected to perform your normal duties to the Company in accordance with established performance standards. You will be eligible for the annual merit review and in accordance with MSC’s bonus plan you will be eligible to receive a bonus, which would be paid during November 2022, if a bonus payout is approved by the MSC Board of Directors. If an equity grant is awarded by the Board during November 2022, you will not receive shares, but you will receive the cash value of 50% of your target equity amount, which is equal to $275,000.

		
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				 b.
			On March 1, 2023, and through December 31, 2023, your role will transition to Executive Advisor, Supply Chain reporting to Erik Gershwind, MSC Chief Executive Officer. Your salary for this role will be fifty percent of your annual salary as of February 28, 2023 (currently $217,886.37, subject to change with merit review).  During this period you will retain eligibility for health benefits, bonus plan, and applicable vesting of equity.  Any bonus payment will be based upon your salary on the date the bonus is calculated.  No additional equity shares or cash equivalents will be awarded in 2023.

		
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				 c.
			You will continue to be covered by MSC’s Directors & Officers insurance policy, as applicable, for any issues that may arise in the future related to your time as an officer of the Company or any duties or responsibilities, as deemed covered, while in your role as Executive Advisor, Supply Chain.

		
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				 d.
			If the company should experience an event that would trigger the Change in Control Plan, before the transition date of March 1, 2023, you will receive the benefits provided under the Change in Control Plan the Company has in place.

		
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				 e.
			You understand that, except as provided in this Agreement or as required by applicable law (such as COBRA), as of the Termination Date, all compensation and benefits you were receiving as an employee of the Company shall cease.  You agree that from and after the Termination Date, you shall no longer be, and shall not hold yourself out as, an employee,  or agent of the Company or any of affiliates. 

		

		

		 

		

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				 2.
			You acknowledge that the payments and benefits described in paragraph 2 above are in lieu of and in full satisfaction of any amounts that might otherwise be payable to you under any contract, plan, policy, arrangement or practice, past or present, of the Company or any of its affiliates, including but not limited to any other severance plan, policy or practice of the Company, any employment agreement or offer letter, bonus, incentive, compensation plan or program or any other form of additional compensation, allowances and/or perks.  Except as expressly set forth above or as required under applicable law, you shall not be eligible to actively participate in or accrue any additional benefits under any employee benefit plans or compensation arrangements of the Company or any of its affiliates after your Termination Date. 

		
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				 3.
			In consideration of the Company’s obligations set forth in this Agreement, including, but not limited to, the payments and arrangements described in paragraph 2, you voluntarily, knowingly and willingly release and forever discharge the Company, its affiliates, its employee benefit plans and all of the foregoing’s  respective present or former officers, directors, partners, shareholders, employees, agents, trustees and administrators, and each of their predecessors, successors and assigns, (collectively, the “Releasees”) from any and all rights, claims, causes of action, charges, demands, damages and liabilities of every kind whatsoever, known or unknown, suspected or unsuspected (collectively, “Claims”), which you or your executors, administrators, successors or assigns ever had, now have or hereafter can, shall or may have by reason of any matter, cause or thing whatsoever arising from the beginning of time to the time you sign this Agreement (the “Release”).  This Release includes, but is not limited to, any Claims relating in any way to your employment with the Company or any of the Releasees, or the termination of your employment, including, but not limited to, Claims under the Age Discrimination in Employment Act of 1967, as amended by the Older Workers Benefit Protection Act, any Claims arising under any other applicable federal, state or local statute and any Claims for retaliation; provided, however, that nothing in this Release shall impair any vested retirement or 401(k) benefits you may have as of your Termination Date, any rights with respect to COBRA continuation coverage under any group health plan of the Company, any rights you may have with respect to awards made to you under the Company’s 2005 or 2015 Omnibus Incentive Plans, any claims to require the Company to honor its commitments set forth in this Agreement, or any claims to interpret or to determine the scope, meaning or effect of this Agreement.  Notwithstanding the foregoing, the definition of “Claims” hereunder shall not include any claim under unemployment or workers’ compensation laws or any claim that cannot, as a matter of law, be released by private agreement.

		
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				 4.
			You hereby represent and warrant that you have not filed or caused to be filed any complaints, charges, or lawsuits against the Company or any of the other Releasees, and that no such complaints, charges or lawsuits are pending.  

		
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				 5.
			You understand that nothing contained in this Agreement limits your ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state, or local governmental agency or commission ("Government Agencies").  You further understand that this Agreement does not limit your ability to communicate with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company.  This Agreement does not limit your right to 
		

		 

		

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			receive an award for information provided to any Government Agencies.  However, by signing this Agreement, you hereby waive the right to recover damages in any proceeding you may bring before any of the Government Agencies in any proceeding that may be commenced on your behalf, and you further represent that you will not seek or be entitled to any personal recovery (other than an award for information provided) in any action or proceeding that may be commenced on your behalf arising out of the matters released hereby.

		
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				 6.
			You agree that in the course of your employment with the Company you have had access to confidential and proprietary information (“Confidential Information”) relating to the Company and its affiliates, their respective businesses, customers, clients and suppliers that is not publicly known outside the Company and which is integral to the operations and success of the Company, and that such Confidential Information has been disclosed to you in confidence and only for the use of the Company.  You understand and agree that (a) you will keep such Confidential Information confidential at all times after your employment with the Company, (b) you will not make use of such Confidential Information on your own behalf, or on behalf of any third party, and (c) you have returned any and all copies, duplicates, reproductions, or excerpts of such Confidential Information within your possession, custody, or control.  

		
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				 7.
			You agree to keep the terms of this Agreement confidential and not to disclose the Agreement or the terms thereof to any person, except (a) to your immediate family members and as may be required for obtaining legal or tax advice; or (b) as may be required by law or in any proceeding to enforce this Agreement.  In the case of any disclosure to immediate family members or a legal or tax advisor, you shall require any person receiving such information to maintain its confidentiality and you shall be responsible for any breach of such confidentiality obligations on the part of any such person to the same extent as if you had breached such confidentiality obligations on your own.

		
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				 8.
			All documents (electronic, paper or otherwise), records (electronic, paper or otherwise), materials, software, equipment, and other physical property, and all copies of the foregoing, whether or not otherwise containing Confidential Information, that have come into your possession or been created, produced, reproduced or utilized by the Company, or its parents, subsidiaries or affiliates or by you in connection with your employment (“Property”), have been and remain the sole property of the Company or its parents, subsidiaries or affiliates, as applicable.  You agree that you will return all such Property to the Company on or before your Termination Date, including but not limited to Company-owned equipment (including computers, laptops, printers, cell phones, smart phones, i-pads and blackberries), company cars, office, desk and file cabinet keys, any Company corporate credit card, identification/passcards, and other Company property including files, customer data, pricing and other financial information, formulas, papers, data, lists, charts, photographs, computer records or disks relating in any manner to the business activities of the Company and its affiliates.

		
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				 9.
			You agree not to disparage or otherwise impugn the business or management of the Company or any of its affiliates, or any of their respective officers, directors, agents, representatives, or employees.  You further agree not to make, or knowingly cause to be made, any statement or communication, written or oral, with the intention of damaging the business or reputation of the Company or any of its affiliates, or the personal or business reputations of any of their respective officers, directors, agents, representatives, or employees, or of interfering with, impairing or disrupting the normal operations of the Company or any of its affiliates. 

		
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				 10.
			You agree to cooperate fully, completely, with the Company and its affiliates (a) concerning reasonable requests for information about the business of the Company or its affiliates or your involvement and participation therein, and (b) without the necessity of subpoena or other compulsion to assist the Company and its affiliates in the prosecution or defense of any and all investigations, lawsuits, administrative charges, actions, claims, demands, or other causes of action brought by or against any Company Group, including governmental agencies, and arising out of events that are alleged to have occurred during, or which relate to, your employment with the Company. In the event it appears travel may be necessary as a part of subsections (a) and (b) above the Company will make every effort to avoid the need for you to travel and if that is not possible will work with you to provide as much advance notice as possible with as little disruption to your schedule.  The Company agrees to reimburse you for any reasonable, out-of-pocket travel, hotel and meal expenses incurred in connection with your performance of obligations pursuant to this paragraph for which you have obtained prior, written approval from the Company.

		
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				 11.
			The Company advises you to consult with an attorney of your choice prior to signing this Agreement.  You understand and agree that you have the right and have been given the opportunity to review this Agreement and, specifically, the Release in paragraph 4 above, with an attorney of your choice should you so desire.  You also understand and agree that the Company is under no obligation to offer you the payments set forth above, that you are under no obligation to consent to the Release set forth in paragraph 4 above and that you have entered into this Agreement freely and voluntarily.

		
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				 12.
			You have thirty-one  (31) days from August 9,  2022, to consider the terms of this Agreement.  Furthermore, once you have signed this Agreement, you have seven (7) additional days from the date you sign it to revoke your consent to the Release by delivering (by hand or overnight courier) written notice of revocation, signed by you and delivered to the Company (c/o Brian McKay, Director Associate & Labor Relations, MSC Industrial Direct Co., Inc.,  525 Harbour Place Drive Davidson, North Carolina 28036) no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period.  The Agreement will not become effective until the eighth (8th) day after the date you have signed it and returned it to Brian McKay, assuming that you have not revoked your consent during such time (the “Effective Date”).  You acknowledge and agree that, in the event you do not sign this Agreement within the thirty-one (31) day period or you revoke this Agreement during the revocation period, it shall have no force or effect, and you shall have no right to receive any of the payments or benefits provided for in paragraph 2 above, other than base salary or wages earned through your last day of employment and accrued by unused vacation pay.

		
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				 13.
			You acknowledge and agree that you are not relying on any representations or promises by any representative of the Company concerning the meaning of any aspect of this Agreement.  This Agreement may not be altered or modified other than in a writing signed by you and an authorized representative of the Company.  To the extent not governed by federal law, this Agreement shall be governed by, construed, and interpreted in accordance with the laws of the State of New York, without reference to its choice of law rules.  The Company’s offer to you of this Agreement is not intended to, and shall not be construed as, any admission of liability or of any improper conduct on the part of the Company or any of the Releasees.

		
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				 14.
			The terms described in this Agreement sets forth our entire agreement and understanding and supersede all prior agreements, arrangements and understandings, written or oral, between us, pertaining to the subject matter hereof. Notwithstanding the foregoing, you agree 
		

		 

		

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			to continue to abide by and comply with the terms and conditions set forth in the Associate Confidentiality, Non-Solicitation and Non-Competition Agreement that you previously executed with the Company, and which shall survive execution of this Agreement.

		
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				 15.
			The parties agree to waive any right to a trial by jury regarding any dispute, claim or cause of action arising out of, concerning, or related to, your employment, your termination of employment, or this Agreement.  This Agreement shall be construed in accordance with the laws of the State of New York without regard to any state’s conflict of law provisions.  If at any time after the date of the execution of this Agreement, any provision of this Agreement shall be held in any court of competent jurisdiction to be illegal, void, or unenforceable, such provision shall be deemed to be restated to reflect, as nearly as possible, the original intentions of the parties in accordance with applicable law.  The invalidity or unenforceability of any provision of this Agreement, however, shall not affect the validity or enforceability of any other provision of this Agreement, all of which shall remain in full force and effect.

		
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				 16.
			This Agreement is intended to be exempt from Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and will be interpreted in a manner intended to provide exemption from Section 409A of the Code.  Notwithstanding anything herein to the contrary, if at the time of your termination of employment with the Company you are a “specified employee” as defined in Section 409A of the Code (and any related regulations or other pronouncements thereunder) and the deferral of the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or additional tax under Section 409A of the Code, then the Company will defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to you) until the date that is six (6) months following your termination of employment with the Company (or the earliest date as is permitted under Section 409A of the Code).  To the extent that any reimbursements or in-kind benefits due to you under this Agreement constitute “deferred compensation” under Section 409A of the Code, any such reimbursements or in-kind benefits shall be paid to you in a manner consistent with Treasury Reg. Section 1.409A-3(i)(1)(iv) or any successor thereto.  Each payment made under this Agreement shall be designated as a “separate payment” within the meaning of Section 409A of the Code.  All payments constituting deferred compensation subject to Section 409A of the Code that are to be made upon a termination of employment under this Agreement may only be made upon a “separation from service” within the meaning of such term under Section 409A of the Code.  

		
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			Please contact Beth Bledsoe (704) 987-5546 if you have any questions about this Agreement or the Plan.
		

		
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			If the foregoing sets forth our agreement, as you understand it and consent to it, please sign the annexed copy of this Agreement and return it to me no later than September 8, 2022.  This Agreement may be signed prior to your Termination Date.
		

		
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			Very truly yours,
		

		
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			5

		

 

		_______/s/ Beth Bledsoe____________________
		

		
			Beth Bledsoe
		

		
			Chief People Officer
		

		
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			THIS AGREEMENT INCLUDES A RELEASE AND WAIVER OF ANY AND ALL CLAIMS THROUGH THE DATE YOU SIGN THIS AGREEMENT.  ACCEPTANCE OF THE SEVERANCE PAYMENT DESCRIBED IN PARAGRAPH 2 ABOVE SHALL ALSO CONSTITUTE A RELEASE AND WAIVER OF ANY AND ALL CLAIMS ARISING FROM AND AFTER THE NOTICE DATE THROUGH THE TERMINATION DATE
		

		
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			Agreed to and Accepted:
		

		
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			_______/s/ Doug Jones______________________
		

		
			Doug Jones
		

		
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			_______09/07/2022_________________________
		

		
			            Dated  
		

		
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			6

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