Document:

EX-10.6

 Exhibit 10.6 
 THERMO FISHER SCIENTIFIC INC. 
 NONSTATUTORY STOCK OPTION AGREEMENT

 Granted Under 
 [NAME OF EQUITY INCENTIVE PLAN] 
 1. Grant of Option.

 This agreement evidences the grant by Thermo Fisher Scientific Inc., a Delaware corporation (the “Company”), on
[                    ], 200[    ] (the “Grant Date”) to
[                    ] (the “Participant”), an employee, officer, consultant, or director of the Company or one of its Subsidiaries,
of an Option to purchase, in whole or in part, on the terms provided herein and in the Company’s [Name of Equity Incentive Plan] (the “Plan”), a total of
[            ] shares (the “Shares”) of common stock, $1.00 par value per share, of the Company (“Common Stock”) at
$[        ] per Share. Unless earlier terminated, this Option shall expire at 5:00 p.m., Eastern time, on
[                    ] (the “Final Exercise Date”). 
 It is intended that the Option evidenced by this agreement shall not be an incentive stock Option as defined in Section 422 of the Code. Except as otherwise indicated by the context, the term
“Participant”, as used in this Option, shall be deemed to include any person who acquires the right to exercise this Option validly under its terms. Capitalized terms used in this Agreement and not otherwise defined shall have the same
meaning as in the Plan. 
 2. Vesting Schedule. Except as otherwise provided in paragraphs (d) through (g) of Section 3
below and the Plan, this Option will become exercisable (“vest”) as to
                            . [The vesting of this Option shall be in accordance with the
provision of the Plan. In the event of this Option vests based solely on the passage of time, insert the following in the blank above: “[    ]% of the original number of Shares on the
[                    ] anniversary of the Grant Date and as to an additional [    ] % of the original number of Shares at the end
of [each] anniversary of the Grant Date following the first anniversary of the Grant Date until the [                    ] anniversary of the Grant
Date”] provided that on each such vesting date the Participant is, and has been at all times since the Grant Date, an employee, officer or director of, or consultant or advisor to, the Company (an “Eligible Participant”). The
right of exercise shall be cumulative so that to the extent the Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until
the earlier of the Final Exercise Date or the termination of this Option under Section 3 hereof. 
 3. Exercise of Option.

 (a) Form of Exercise. Each election to exercise this Option shall be in accordance with the instructions provided from
time to time by the Company. The Participant may purchase less than the number of shares covered hereby, provided that no partial exercise of this Option may be for any fractional share. 

 (b) Termination of Relationship with the Company. If the Participant ceases to be an
Eligible Participant for any reason, then, except as provided in paragraphs (c)-(f) below, the right to exercise this Option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided
that this Option shall be exercisable only to the extent that the Participant was entitled to exercise this Option on the date of such cessation. 
 (c) Death or Disability. If the Participant dies or becomes disabled (as defined below) prior to the Final Exercise Date while he or she is an Eligible Participant, this Option shall vest and
become 100% exercisable upon the date of such death or disability and the right to exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date). For the purposes of this Agreement, a Participant
shall be deemed to be “disabled” at such time as the Participant is receiving disability benefits under the Company’s Long Term Disability Coverage, as then in effect. 

(d) Discharge for Cause. If the Participant, prior to the Final Exercise Date, is discharged by the Company or a Subsidiary for
“Cause” (as defined in the Plan), the right to exercise this Option shall terminate immediately upon the effective date of such discharge. The Participant shall be considered to have been discharged for Cause if the Company determines,
within 30 days after the Participant’s resignation, that discharge for Cause was warranted. 
 (e) Retirement. If
the Participant “retires” from the Company or a Subsidiary prior to the Final Exercise Date then, subject to Section 3(d) above, this Option shall vest and become 100% exercisable upon the date of such retirement and the right to
exercise this Option shall terminate eighteen months following such date (but in no event after the Final Exercise Date), provided that the retirement date occurs at least two years after the Grant Date. For the purposes of this Agreement, a
Participant shall be deemed to have “retired” (i) in the event of a non-employee director of the Company, when he or she ceases to be a director of the Company and (ii) in the event of an employee of the Company or a Subsidiary,
upon his or her resignation from employment with the Company or a Subsidiary either (A) after the age of 55 and the completion of 10 continuous years service to the Company or a Subsidiary comprising at least 20 hours per week or (B) after
the age of 60 and the completion of 5 continuous years service to the Company or a Subsidiary comprising at least 20 hours per week. 
 (g) Change in Control Event. If the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” (as defined in the Plan) or by the Participant
for “Good Reason” (as defined in the Plan), in each case within 18 months following a Change in Control Event, this Option shall vest and become 100% exercisable upon the date of such termination of employment or service and the right to
exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date). 
 4. Withholding. No
Shares will be issued pursuant to the exercise of this Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be
withheld in 

  
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respect of this Option in accordance with the instructions provided from time to time by the Company; provided, however, except as otherwise permitted by the Board, the total tax
withholding where stock is being used to satisfy such tax obligations cannot exceed the Company’s minimum statutory withholding obligations (based on minimum statutory withholding rates for federal and state tax purposes, including payroll
taxes, that are applicable to such supplemental taxable income). 
 5. Nontransferability of Option. This Option may not be sold,
assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this Option shall be
exercisable only by the Participant. Notwithstanding the foregoing, the Company consents to the gratuitous transfer of this Option by the Participant to or for the benefit of any immediate family member, family trust or family partnership
established solely for the benefit of the Participant and/or an immediate family member thereof; provided that with respect to such proposed transferee the Company would be eligible to use a Form S-8 for the registration of the sale of the
Common Stock subject to such Option under the Securities Act of 1933, as amended; and provided further that the Company shall not be required to recognize any such transfer until such time as the Participant and such permitted
transferee shall, as a condition to such transfer, deliver to the Company a written instrument in form and substance satisfactory to the Company confirming that such transferee shall be bound by all of the terms and conditions of this Agreement.

 6. Provisions of the Plan. This Option is subject to the provisions of the Plan, a copy of which is furnished to the Participant with
this Option. 
 7. No Right To Employment or Other Status. The grant of this Option shall not be construed as giving the Participant the
right to continued employment or any other relationship with the Company or Subsidiary. The Company and Subsidiaries expressly reserve the right at any time to dismiss or otherwise terminate its relationship with the Participant free from any
liability or claim under the Plan or this Agreement, except as expressly provided herein. 
 8. Restrictive Covenants. If the Participant
engages in any conduct in breach of any noncompetition, nonsolicitation or confidentiality obligations to the Company or any Subsidiary under any agreement, policy or plan of the Company or any Subsidiary, then such conduct shall also be deemed to
be a breach of the terms of the Plan and this Agreement. Upon such breach, this Option shall be cancelled and, to the extent some or all of this Option was exercised within a period of 12 months prior to such breach, the Participant shall be
required to forfeit to the Company, upon demand, any cash or Shares acquired by the Participant upon such exercise or sale. 
 9. Governing
Law. This Option shall be governed by and interpreted in accordance with the laws of the State of Delaware, without regard to any applicable conflicts of law. 

  
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 IN WITNESS WHEREOF, the Company has caused this Option to be executed under its corporate
seal by its duly authorized officer. This Option shall take effect as a sealed instrument. 
  

											
		 		 		 	THERMO FISHER SCIENTIFIC INC.
					
	Dated:	 	  
	 		 	By:	 	  

						
		 		 		 		 	Name:	 	  

		 		 		 		 	Title:	 	  

  
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 Exhibit 10.1 
 MINDSPEED TECHNOLOGIES, INC. 
 2013 EQUITY INCENTIVE PLAN 

PERFORMANCE SHARE AWARD AGREEMENT 
 Unless otherwise defined herein, the terms defined in the Mindspeed Technologies, Inc. 2013 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Notice of Performance
Share Grant (the “Notice of Grant”) and Terms and Conditions of Performance Share Grant, attached hereto as Exhibit A (together, this “Award Agreement”). 
 NOTICE OF PERFORMANCE SHARE GRANT 
  

			
	 Participant:
	  	                             
           
		
	 Award:
	  	
	
	 Participant has been granted the right to receive an Award of Performance Shares, subject to the terms and conditions of the Plan and this
Award Agreement, as follows:

		
	 Grant Date:
	  	                             
           
		
	 Number of Performance Shares:
	  	                             
           
		
	 Performance Period:
	  	Three years (subject to Section 1(c) of Exhibit A (the “Performance Period”)). Upon the completion of the Performance Period and subject to Section 1(c)
of Exhibit A, any unearned Performance Shares will terminate.
		
	 Performance Matrix:
	  	The number of Performance Shares in which Participant may vest in accordance with the Vesting Schedule will depend upon the Company’s stock price during the Performance
Period (the “Performance Goal”) and will be determined in accordance with Section 1 of Exhibit A.
		
	 Vesting Schedule:
	  	Subject to Section 1(c) of Exhibit A and the terms of the Plan, Participant will vest in his or her Calculated Performance Shares (as defined below) on the first
anniversary of the Grant Date (the “First Vesting Date”), the second anniversary of the Grant Date (the “Second Vesting Date”) or the third anniversary of the Grant Date (the “Third Vesting Date”), or, if the First
Performance Goal or Second Performance Goal is achieved after the First Vesting Date or Second Vesting Date, respectively, Participant will vest in his or her Calculated Performance Shares on the day the applicable Performance Goal is
achieved.

 Acceptance: 
 By accepting this Award Agreement and not notifying the Company that Participant is declining this Award, Participant acknowledges and agrees that this Award is granted under and governed by the terms and
conditions of the Plan and this Award Agreement and further agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and this Award Agreement. 

  
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 EXHIBIT A 

TERMS AND CONDITIONS OF PERFORMANCE SHARE GRANT 
 1. Grant. 
 (a) The Company hereby grants to the Participant named in the
Notice of Grant (the “Participant”) under the Plan an Award of Performance Shares, subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section 21(c) of
the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 

(b) The number of Performance Shares in which Participant may vest in accordance with the Vesting Schedule set forth in the Notice of
Grant will depend upon the Company’s stock price during the Performance Period and Participant continuously serving as a Service Provider through the applicable vesting date. The actual number of Performance Shares that will be eligible to vest
on the First Vesting Date, Second Vesting Date and Third Vesting Date, or, if the First Performance Goal or Second Performance Goal is achieved after the First Vesting Date or Second Vesting Date, respectively, on the day the applicable Performance
Goal is achieved, will be determined as follows: 
 i. If at any time prior to the First Vesting Date, the Fair Market Value of
the Company’s common stock is greater than or equal to $6.00 per share for twenty (20) consecutive market trading days (the “First Performance Goal”), then the number of Performance Shares that will be eligible to vest (the
“Calculated Performance Shares”) on the First Vesting Date will equal 33.3% of the number of Performance Shares granted pursuant to this Award. If the First Performance Goal is not achieved prior to the First Vesting Date, and if at any
time following the First Vesting Date but prior to the end of the Performance Period the First Performance Goal is achieved, then 33.3% of the number of Performance Shares granted pursuant to this Award will be Calculated Performance Shares and will
immediately vest. 
 ii. If at any time prior to the Second Vesting Date, the Fair Market Value of the Company’s common
stock is greater than or equal to $8.00 per share for twenty (20) consecutive market trading days (the “Second Performance Goal”), then the number of Calculated Performance Shares eligible to vest on the Second Vesting Date will equal
33.3% of the number of Performance Shares granted pursuant to this Award. If the Second Performance Goal is not achieved prior to the Second Vesting Date, and if at any time following the Second Vesting Date but prior to the end of the Performance
Period the Second Performance Goal is achieved, then 33.3% of the number of Performance Shares granted pursuant to this Award will be Calculated Performance Shares and will immediately vest. 

iii. If at any time prior to the Third Vesting Date, the Fair Market Value of the Company’s common stock is greater than or equal
to $10.00 per share for twenty (20) consecutive market trading days, then the number of Calculated Performance Shares eligible to vest on the Third Vesting Date will equal 33.4% of the number of Performance Shares granted pursuant to this
Award. 

  
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 (c) In the event of a Change in Control: (i) the Performance Period will be deemed to
end immediately prior to the closing of the Change in Control (the “Closing”); (ii) the number of Performance Shares that will be considered Calculated Performance Shares will be calculated immediately prior to the Closing based on
the per share consideration payable in connection with the Change in Control (the “Change in Control Price”) as set forth below; (iii) all Calculated Performance Shares will fully vest upon the Closing (notwithstanding that the
Closing may occur prior to the First Vesting Date, Second Vesting Date or Third Vesting Date); and (iv) to the extent that any Performance Shares are not determined to be Calculated Performance Shares in accordance with this Section 1(c),
such Performance Shares will terminate on the Closing. For purposes of clarity, to the extent any Performance Shares terminate in accordance with this Section 1(c), such Performance Shares shall not be deemed to have not been assumed in
accordance with Section 16(c) of the Plan. If the Change in Control Price is greater than or equal to $6.00 but less than $8.00, then 33.3% of the Performance Shares will be considered Calculated Performance Shares, provided that if such
Performance Shares were considered Calculated Performance Shares prior to the Closing, no additional Performance Shares will be considered Calculated Performance Shares. If the Change in Control Price is greater than or equal to $8.00 but less than
$10.00, then 66.6% of the Performance Shares will be considered Calculated Performance Shares, provided that if such Calculated Performance Shares (or a portion of such Calculated Performance Shares) were considered Calculated Performance Shares
prior to the Closing, then the number of Performance Shares that will be considered Calculated Performance Shares as a result of the Change in Control will be reduced by the number of Performance Shares that were considered Calculated Performance
Shares prior to the Closing. If the Change in Control Price is greater than or equal to $10.00, then 100% of the Performance Shares will be considered Calculated Performance Shares, provided that if such Calculated Performance Shares (or a portion
of such Calculated Performance Shares) were considered Calculated Performance Shares prior to the Closing, then the number of Performance Shares that will be considered Calculated Performance Shares as a result of the Change in Control will be
reduced by the number of Performance Shares that were considered Calculated Performance Shares prior to the Closing. For purposes of clarity, if the Change in Control Price is less than $6.00, then none of the Performance Shares will be considered
Calculated Performance Shares. 
 2. Company’s Obligation to Pay. Each Performance Share represents the right to
receive a Share on the date it vests. Unless and until the Performance Shares will have vested in the manner set forth in Section 3, Participant will have no right to payment of any such Performance Shares. Prior to actual payment of any vested
Performance Shares, such Performance Shares will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. Any Performance Shares that vest in accordance with Sections 3 or 4 will be paid to
Participant (or in the event of Participant’s death, to his or her estate) in whole Shares, subject to Participant satisfying any applicable tax withholding obligations as set forth in Section 7. 

3. Vesting Schedule. Except as provided in Sections 1(c) and 4, and subject to Section 5, the Performance Shares awarded by
this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Performance Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in
accordance with any of the provisions of this Award Agreement, unless Participant has been continuously a Service Provider from the Grant Date until the date such vesting occurs. 

  
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 4. Section 409A. The payment of Shares shall in all cases be paid at a time or
in a manner that is exempt from, or complies with, Section 409A. 
 Notwithstanding anything in the Plan or this Award
Agreement to the contrary, if the vesting of the balance, or some lesser portion of the balance, of the Performance Shares is accelerated in connection with Participant’s termination as a Service Provider (provided that such termination is a
“separation from service” within the meaning of Section 409A, as determined by the Company), other than due to death, and if: (a) Participant is a “specified employee” within the meaning of Section 409A at the time
of such termination as a Service Provider; and (b) the payment of such accelerated Performance Shares will result in the imposition of additional tax under Section 409A if paid to Participant on or within the six (6) month period
following Participant’s termination as a Service Provider, then the payment of such accelerated Performance Shares will not be made until the date six (6) months and one (1) day following the date of Participant’s termination as
a Service Provider, unless the Participant dies following his or her termination as a Service Provider, in which case, the Performance Shares will be paid in Shares to the Participant’s estate as soon as practicable following his or her death.
It is the intent of this Award Agreement that it and all payments and benefits hereunder be exempt from, or comply with, the requirements of Section 409A so that none of the Performance Shares provided under this Award Agreement or Shares
issuable thereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to be so exempt or so comply. Each payment payable under this Award Agreement is intended to constitute a
separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2). For purposes of this Award Agreement, “Section 409A” means Section 409A of the Code, and any final Treasury Regulations and Internal Revenue Service
guidance thereunder, as each may be amended from time to time. 
 5. Forfeiture upon Termination of Status as a Service
Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Performance Shares that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and
Participant’s right to acquire any Shares hereunder will immediately terminate. 
 6. Death of Participant. Any
distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of
Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with
any laws or regulations pertaining to said transfer. 
 7. Withholding of Taxes. Notwithstanding any contrary provision
of this Award Agreement, no Shares will be issued or delivered to Participant, unless and until satisfactory arrangements (as determined by the Administrator) have been made by Participant with respect to the payment of income, employment and other
taxes which the Company determines must be withheld with respect to such Shares. The Administrator, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit or require Participant to satisfy such tax
withholding obligation, in whole or in part (without limitation) by: (a) paying cash; 

  
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(b) electing to have the Company withhold otherwise deliverable Shares having a Fair Market Value equal to the minimum amount required to be withheld; (c) delivering to the Company
already vested and owned Shares having a Fair Market Value equal to the amount required to be withheld; or (d) selling a sufficient number of such Shares otherwise deliverable to Participant through such means as the Company may determine in
its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld. To the extent determined appropriate by the Company in its discretion, it will have the right (but not the obligation) to satisfy any tax
withholding obligations by reducing the number of Shares otherwise deliverable to Participant and, until determined otherwise by the Company, this will be the method by which such tax withholding obligations are satisfied. If Participant fails to
make satisfactory arrangements for the payment of any required tax withholding obligations hereunder at the time any applicable Performance Shares otherwise are scheduled to vest pursuant to Sections 3 or 4 or tax withholding obligations related to
Performance Shares otherwise are due, Participant will permanently forfeit such Performance Shares and any right to receive Shares thereunder and the Performance Shares will be returned to the Company at no cost to the Company. 

8. Rights as Stockholder. Neither Participant nor any person claiming under or through Participant will have any of the rights or
privileges of a stockholder of the Company in respect of any Shares deliverable hereunder unless and until such Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant.
After such issuance, Participant will have all the rights of a stockholder of the Company with respect to voting such Shares and receipt of dividends and distributions on such Shares. 

9. No Guarantee of Continued Service. PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE PERFORMANCE SHARES PURSUANT TO
THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OF
PERFORMANCE SHARES OR ACQUIRING SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED
PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING
PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 
 10.
Address for Notices. Any notice to be given to the Company under the terms of this Award Agreement will be addressed to the Company at Mindspeed Technologies, Inc., 4000 MacArthur Boulevard, East Tower, Newport Beach, California 92660, or at
such other address as the Company may hereafter designate in writing. 

  
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 11. Transferability. Except to the limited extent provided in Section 6, the
unvested Performance Shares subject to this Award and the rights and privileges conferred hereby may not be sold, pledged, assigned, hypothecated, transferred or disposed of by Participant other than: (a) by will or by the laws of descent and
distribution; (b) by gift to members of Participant’s immediate family in exchange for no value; or (c) to a trust established for the benefit of one or more members of Participant’s immediate family in exchange for no value. For
purposes of the Plan and this Award Agreement, “immediate family” means Participant’s spouse and natural, adopted or step-children or grandchildren. Notwithstanding any transfer of any Performance Shares subject to this Award or
portion thereof, such transferred Performance Shares will continue to be subject to the Plan and this Award Agreement as were applicable to Participant immediately prior to the transfer, as if such Performance Shares had not been transferred.

 12. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Award
Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 
 13. Additional Conditions to Issuance of Stock. If at any time the Company will determine, in its discretion, that the listing, registration, qualification or rule compliance of the Shares upon any
securities exchange or under any state, federal or foreign law, the tax code and related regulations or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of Shares to
Participant (or his or her estate) hereunder, such issuance will not occur unless and until such listing, registration, qualification, rule compliance, consent or approval will have been completed, effected or obtained free of any conditions not
acceptable to the Company. Where the Company determines that the delivery of the payment of any Shares will violate federal securities laws or other applicable laws, the Company will defer delivery until the earliest date at which the Company
reasonably anticipates that the delivery of Shares will no longer cause such violation. The Company will make all reasonable efforts to meet the requirements of any such state, federal or foreign law or securities exchange and to obtain any such
consent or approval of any such governmental authority or securities exchange. 
 14. Administrator Authority. The
Administrator will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules
(including, but not limited to, the determination of whether or not any Performance Shares have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant,
the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 

15. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to Performance Shares
awarded under the Plan or future Performance Shares that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by
electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company. 

  
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 16. Captions. Captions provided herein are for convenience only and are not to serve
as a basis for interpretation or construction of this Award Agreement. 
 17. Agreement Severable. In the event that any
provision in this Award Agreement is held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement.

 18. Modifications to the Agreement. This Award Agreement constitutes the entire understanding of the parties on the
subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan
can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it
deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A, or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this
Award of Performance Shares. 
 19. Amendment, Suspension or Termination of the Plan. By accepting this Award,
Participant expressly warrants that he or she has received an Award of Performance Shares under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be
amended, suspended or terminated by the Company at any time. 
 20. Governing Law. This Award Agreement will be governed
by the laws of the State of Delaware, without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Award of Performance Shares or this Award Agreement, the parties hereby submit to
and consent to the jurisdiction of the State of California, and agree that such litigation will be conducted in the courts of Orange County, California, or the federal courts for the United States for the Central District of California, and no other
courts, where this Award of Performance Shares is made and/or to be performed. 

  
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