Document:

EX-10.31(c)

 Exhibit 10.31(c) 

SYNAPTICS INCORPORATED 

MARKET STOCK UNIT INDUCEMENT AWARD AGREEMENT 

This Market Stock Unit Inducement Award Agreement (this “Agreement”) is made as of ___________, 2019, by and between
Synaptics Incorporated, a Delaware corporation (the “Company”), and _____________ (the “Grantee”) pursuant to the Synaptics Incorporated 2019 Inducement Equity Plan (the
“Plan”). 
 1.    Certain Definitions. Capitalized terms used, but not otherwise
defined, in this Agreement will have the meanings given to such terms in the Plan. As used herein: 
  

	 	(a)	 “Beginning Company TSR” shall mean the average closing price of the Common Stock during
the period starting on [_____________], and ending on [_____________], as reported in The Wall Street Journal. 

  

	 	(b)	 “Beginning SPSISC TSR” shall mean the average closing price for the S&P
Semiconductor Select Industry Index during the period starting on [_____________], and ending on [_____________], as reported in The Wall Street Journal. 

  

	 	(c)	 “Change in Control MSUs” shall mean, with respect to each Tranche for which the
applicable Vesting Date is after the effective date of a Change in Control, (i) the Target Number of MSUs subject to such Tranche, multiplied by (ii) the Payout Factor, multiplied by (iii) a fraction, the numerator of which shall be
the number of days that elapsed during the applicable Performance Period through the effective date of the Change in Control, and the denominator of which shall be the total number of days in the applicable Performance Period, and in the case of
Tranche Three, less the number of MSUs or Change in Control MSUs that vested in Tranche One and Tranche Two. 

  

	 	(d)	 “Company TSR” shall mean (i) the Ending Company TSR minus the Beginning Company
TSR divided by (ii) the Beginning Company TSR, with the quotient expressed as a percentage. 

  

	 	(e)	 “Determination Date” shall mean the last day of the applicable Performance Period, or,
if earlier, the day immediately prior to the effective date of the Change in Control. 

  

	 	(f)	 “Ending Company TSR” shall mean the average closing price for the Company’s Common
Stock during the thirty (30) calendar day period ending on the last day of the Performance Period applicable to the Tranche for which the Payout Factor is being determined, as reported in The Wall Street Journal. However, if a Change in Control
occurs prior to the last day of a Performance Period, the Ending Company TSR shall mean (i) the value of the consideration offered for a share of Common Stock in the Change in Control or (ii) in the event that there is no consideration
offered for a share of Common Stock in the Change in Control, the average closing price for the Common Stock during the thirty (30) calendar day period ending on the day immediately prior to the effective date of the Change in Control, as
reported in The Wall Street Journal. 

  

	 	(g)	 “Ending SPSISC TSR” shall mean the average closing price for the S&P Semiconductor
Select Industry Index during the thirty (30) calendar day period ending on the Determination Date, as reported in The Wall Street Journal. 

  

	 	(h)	 “Good Reason” shall mean the occurrence of any of the following events without the
Grantee’s prior written approval: (i) the Grantee is demoted by means of a material reduction in authority, responsibilities, or duties; (ii) the Grantee’s annual base salary for a fiscal year (“Base
Salary”) is reduced to a level that is less than 90% of the Base Salary paid to the Grantee during the prior fiscal year, or the Grantee’s Targeted Bonus is reduced to a level that is less than 90% of the Targeted Bonus for the
Grantee during the prior fiscal year; (iii) the Grantee is required to render his or her principal duties from a Company location that is more than fifty (50) miles from a Company location from which the Grantee performs his or her
principal duties at the earlier of the time the Grantee entered into any employment or other service agreement with the Company or the date of this Agreement, in either case other than as has been previously contemplated by the Company and the
Grantee, and such relocation increases the Grantee’s one way commute; or (iv) the Company breaches a material provision of any employment or other service agreement to which the Grantee is party. 

 

	 	(i)	 “Non-Vested MSUs” means, with respect to each
Tranche for which the applicable Vesting Date is after the effective date of a Change in Control, the difference of (i) (A) the Target Number of MSUs subject to such Tranche, multiplied by (B) the Payout Factor, minus (ii) the Change
in Control MSUs for such Tranche; provided, however, that in no event shall such number be less than zero. 

  

	 	(j)	 “Payout Factor” shall mean: 

 

	 	(i)	 For Tranche One and Tranche Two, 100% minus two (2) times the percentage, if any, by which the SPSISC TSR
exceeds the Company TSR as of the Determination Date. If Company TSR exceeds SPSISC TSR as of the Determination Date, then the Payout Factor shall be 100%. 

  

	 	(ii)	 For Tranche Three, 100% (x) plus the percentage by which the Company TSR exceeds the SPSISC TSR, multiplied by
two (2), if the Company TSR exceeds the SPSISC TSR or (y) minus the percentage by which the SPSISC TSR exceeds the Company TSR, multiplied by two (2), if the SPSISC TSR exceeds the Company TSR, as of the Determination Date.

 In no event, however, shall the Payout Factor be less than 0% or greater than 200%. 

 

	 	(k)	 “SPSISC TSR” shall mean (i) the Ending SPSISC TSR minus the Beginning SPSISC TSR
divided by (ii) the Beginning SPSISC TSR, with the quotient expressed as a percentage. 

  

	 	(l)	 “Targeted Bonus” shall mean, for each fiscal year of the Company, either (i) a
bonus program in which the Grantee shall be entitled to participate, which provides the Grantee with a reasonable opportunity, based on the past compensation practices of the Company and the Grantee’s then base salary, to maintain or increase
the Grantee’s total compensation compared to the previous fiscal year or (ii) a targeted bonus based on such factors as the Board may determine. 

  

	 	(m)	 “Vested MSUs” means the portion of the MSUs subject to this Agreement that become
vested on the applicable Vesting Date or otherwise, as set forth in Section 4 below. 

  
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 2.    Grant of MSUs. Subject to and upon the terms,
conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under resolutions of the Committee, the Company has granted to the Grantee as of ___________, 2019 (the “Date of Grant”) the
target number of market stock units set forth below (“MSUs”), which are a type of Restricted Stock Unit under the Plan and which may be earned based on the Payout Factor. 

 

					
	 Target Number of MSUs
	  			

 The Target Number of MSUs has been divided into the following three Tranches, each with a corresponding
“Performance Period” with respect to which the Payout Factor will be determined. 
  

									
	 Tranche
	  	Target Number of MSUs	 	  	Performance Period	 
	 Tranche One
	  				  			
	 Tranche Two
	  				  			
	 Tranche Three
	  				  			

 Subject to the degree of attainment of the performance goals established pursuant to this Agreement, the
Grantee may earn from 0% to 200% of the Target Number of MSUs attributed to such Performance Period. Each MSU shall then represent the right of the Grantee to receive one share of Common Stock subject to and upon the terms and conditions of this
Agreement. 
 3.    Restrictions on Transfer of MSUs. Subject to Section 11 of the Plan, neither the
MSUs evidenced hereby nor any interest therein or in the Common Stock underlying such MSUs shall be transferable prior to payment to the Grantee pursuant to Section 5 hereof other than by will or
pursuant to the laws of descent and distribution. 
 4.    Vesting of MSUs. 

 

	 	(a)	 As of each Determination Date, the Company shall determine the Payout Factor for the applicable Performance
Period. For Tranche One and Tranche Two, the Company shall multiply the Payout Factor by the Target Number of MSUs subject to the Tranche, and the resulting number of MSUs shall vest in full and become Vested MSUs on the Vesting Date set forth below
for that Tranche, in each case subject to the Grantee’s continuous employment with the Company or a Subsidiary until each such date. For Tranche Three, the Company shall multiply the Payout Factor by the Target Number of MSUs subject to Tranche
Three and then subtract the number of MSUs that vested in Tranche One and Tranche Two. The resulting number of MSUs shall vest in full and become Vested MSUs on the Vesting Date set forth below for Tranche Three, subject to the Grantee’s
continuous employment with the Company or a Subsidiary until each such date. 

  

					
	 Tranche
	  	Vesting Date	 
	 Tranche One
	  			
	 Tranche Two
	  			
	 Tranche Three
	  			

  
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 There shall be no proportionate or partial vesting of the MSUs in or during the months, days
or periods prior to each Vesting Date, and except as otherwise provided in Sections 4(b), 4(c) or 4(d) hereof, all vesting of MSUs shall occur only on the applicable Vesting Date. 

 

	 	(b)	 Acceleration of Vesting Upon a Change in Control. In the event that while the Grantee is continuously
employed by the Company or a Subsidiary, a Change in Control occurs prior to the last day of a Performance Period, the Change in Control MSUs shall become immediately Vested MSUs as of the effective date of the Change in Control, and all Performance
Periods shall be deemed completed. After giving effect to the preceding sentence, any Non-Vested MSUs with respect to each Tranche shall remain outstanding and will vest and become Vested MSUs thereafter on
the applicable Vesting Date for such Tranche, subject to the Grantee’s continuous employment with the Company or a Subsidiary until each such date. 

  

	 	(c)	 Treatment of Non-Vested MSUs Upon a Change in Control. Effective
as of and contingent upon the consummation of a Change in Control, the Non-Vested MSUs shall become immediately Vested MSUs and will be payable to the Grantee in accordance with
Section 5 hereof, except to the extent that a Replacement Award is provided to the Grantee to continue, replace or assume the Non-Vested MSUs covered by this
Agreement. 

  

	 	(d)	 Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement,
in the event the Grantee ceases to be continuously employed by the Company or a Subsidiary either due to a termination by the Company without Cause or by the Grantee for Good Reason during the eighteen (18) month period immediately following a
Change in Control, all Non-Vested MSUs subject to this Agreement shall become immediately Vested MSUs as of the date of the Grantee’s termination of employment. 

 

	 	(e)	 Forfeiture. Subject to the terms of the Plan and except as otherwise determined by the Committee in its
sole discretion, any MSUs that are not Vested MSUs, and that do not become Vested MSUs pursuant to this Section 4, shall be forfeited immediately upon the termination of the Grantee’s continuous
employment without any payment to the Grantee. For purposes of this Agreement, “continuous employment” (or substantially similar terms) means the absence of any interruption or termination of the Grantee’s employment with the Company
or a Subsidiary. Continuous employment shall not be considered interrupted or terminated in the case of transfers between locations of the Company and its Subsidiaries. 

5.    Form and Time of Payment of MSUs. 

 

	 	(a)	 Payment for the MSUs, after and to the extent they have become Vested MSUs pursuant to this Agreement, shall be
made in the form of Common Stock. Except as provided in Section 5(b), payment shall be made as soon as administratively practicable following (but no later than thirty (30) days following) the date
that the MSUs become Vested MSUs pursuant to Section 4 hereof. 

  
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	 	(b)	 Notwithstanding Section 5(a), the Grantee will receive payment
for the Change in Control MSUs that become Vested MSUs upon a Change in Control immediately prior to the consummation of such Change in Control. 

  

	 	(c)	 The Company’s obligations to the Grantee with respect to the Vested MSUs will be satisfied in full upon
the issuance of Common Stock corresponding to such Vested MSUs. 

 6.    Dividend Equivalents;
Voting and Other Rights. 
  

	 	(a)	 The Grantee shall have no rights of ownership in the Common Stock underlying the MSUs and no right to vote the
Common Stock underlying the MSUs until the date on which the Common Stock underlying the MSUs is issued or transferred to the Grantee pursuant to Section 5 above. 

 

	 	(b)	 Upon the payment of Vested MSUs in accordance with Section 5
above, the Grantee shall receive additional shares of Common Stock equal in value to the accrued dividend equivalents. The amount of dividend equivalents for each Vested MSU shall equal the dividends paid on one share of Common Stock for each
dividend whose record date occurs during the period between the Date of Grant and the payment of the Vested MSUs in accordance with Section 5 above. 

 

	 	(c)	 The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of
the Company to deliver Common Stock in the future, and the rights of the Grantee will be no greater than that of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under
this Agreement. 

  

	 	(d)	 Notwithstanding any term or provision of this Agreement to the contrary, the existence of this Agreement, or of
any outstanding MSUs awarded hereunder, shall not affect in any manner the right, power, or authority of the Company or any Subsidiary to make, authorize, or consummate: (i) any or all adjustments, recapitalizations, reorganizations, or other
changes in the Company’s or any Subsidiary’s capital structure or its business; (ii) any merger, consolidation, or similar transaction by or of the Company or any Subsidiary; (iii) any offer, issue, or sale by the Company or any
Subsidiary of any capital stock of the Company or any Subsidiary, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the shares of Common Stock represented by the MSUs and/or that
would include, have or possess other rights, benefits, and/or preferences superior to those that such shares of Common Stock includes, has or possesses, or any warrants, options, or rights with respect to any of the foregoing; (iv) the
dissolution or liquidation of the Company or any Subsidiary; (v) any sale, transfer, or assignment of all or any part of the stock, assets, or business of the Company or any Subsidiary; or (vi) any other corporate transaction, act, or
proceeding (whether of a similar character or otherwise). 

 7.    Adjustments. The MSUs
and the number of shares of Common Stock issuable for each MSU, and the other terms and conditions of the grant evidenced by this Agreement, are subject to mandatory adjustment, including as provided in Section 8 of the Plan. 

  
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 8.    Withholding Taxes. To the extent that the Company is
required to withhold federal, state, local or foreign taxes or other amounts in connection with the delivery to the Grantee of Common Stock or any other payment to the Grantee or any other payment or vesting event under this Agreement, the Grantee
agrees that the Company will withhold from the shares of Common Stock required to be delivered to the Grantee under this Agreement, shares of Common Stock having a value equal to the amount required to be withheld under applicable income and
employment tax laws. The shares so retained shall be credited against any such withholding requirement at the market value of such Common Stock on the date of such delivery. To the extent that the amounts available to the Company for such
withholding are insufficient, it shall be a condition to the obligation of the Company to make any such delivery or payment that the Grantee make arrangements satisfactory to the Company for payment of the balance of such taxes or other amounts
required to be withheld. In no event will the market value of the Common Shares to be withheld and/or delivered pursuant to this Section 8 to satisfy applicable withholding taxes exceed the minimum
amount required to be withheld, unless (i) an additional amount can be withheld and not result in adverse accounting consequences, (ii) such additional withholding amount is authorized by the Committee, and (iii) the total amount
withheld does not exceed the Grantee’s estimated tax obligations attributable to the applicable transaction. 

9.    Compliance With Law. The Company shall make reasonable efforts to comply with all applicable federal
and state securities laws; provided, however, notwithstanding any other provision of the Plan and this Agreement, the Company shall not be obligated to issue any Common Stock pursuant to this Agreement if the issuance thereof would
result in a violation of any such law. 
 10.    Compliance With or Exemption From
Section 409A of the Code. To the extent applicable, it is intended that this Agreement and the Plan comply with or be exempt from the provisions of Section 409A of the Code. This Agreement and the Plan
shall be administered in a manner consistent with this intent, and any provision that would cause this Agreement or the Plan to fail to satisfy Section 409A of the Code shall have no force or effect until amended to comply with or be exempt
from Section 409A of the Code (which amendment may be retroactive to the extent permitted by Section 409A of the Code and may be made by the Company without the consent of the Grantee). Notwithstanding the foregoing, the Company is not
guaranteeing any particular tax outcome, and the Grantee shall remain solely liable for any and all tax consequences associated with the MSUs. 

11.    Interpretation. Any reference in this Agreement to Section 409A of the Code will also include
any proposed, temporary or final regulations, or any other guidance, promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service. 

12.    No Right to Future Awards or Employment. The grant of the MSUs under this Agreement to the Grantee is
a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the MSUs and any payments made hereunder will not be considered
salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or
any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee. 

13.    Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the
Plan shall not be taken into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any of its Subsidiaries and shall not
affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any of its Subsidiaries. 

  
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 14.    Amendments. Any amendment to the Plan shall be
deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto; provided, however, that (a) no amendment shall adversely affect the rights of the Grantee under this Agreement without the
Grantee’s written consent, and (b) the Grantee’s consent shall not be required to an amendment that is deemed necessary by the Company to ensure compliance with Section 409A of the Code or Section 10D of the Exchange
Act.  
 15.    Severability. In the event that one or more of the provisions of this
Agreement shall be invalidated for any reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof, and the remaining provisions hereof shall continue to be valid and
fully enforceable. 
 16.    Relation to Plan and Compensation Recovery Policy. This Agreement is subject
to the terms and conditions of the Plan. In the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. The Committee acting pursuant to the Plan, as constituted from time to time, shall, except as
expressly provided otherwise herein or in the Plan, have the right to determine any questions which arise in connection with this Agreement. Notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that this
Agreement and the award described herein (and any settlement thereof) are subject to the terms and conditions of the Company’s clawback policy (if any) as may be in effect from time to time specifically to implement Section 10D of the
Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Stock may be traded) (the “Compensation Recovery
Policy”), and that relevant sections of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof. 

17.    Electronic Delivery. The Company may, in its sole discretion, deliver any documents related to the
MSUs and the Grantee’s participation in the Plan, or future awards that may be granted under the Plan, by electronic means or request the Grantee’s consent to participate in the Plan by electronic means. The Grantee hereby consents to
receive such documents by electronic delivery and, if requested, agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party
designated by the Company. 
 18.    Governing Law. This Agreement shall be governed by and
construed with the internal substantive laws of the State of Delaware, without giving effect to any principle of law that would result in the application of the law of any other jurisdiction. 

19.    Successors and Assigns. Without limiting Section 3
hereof, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Grantee, and the successors and assigns of the Company. 

20.    Acknowledgement. The Grantee acknowledges that the Grantee (a) has received a copy of the Plan,
(b) has had an opportunity to review the terms of this Agreement and the Plan, (c) understands the terms and conditions of this Agreement and the Plan and (d) agrees to such terms and conditions. 

21.    Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be
deemed to be an original but all of which together will constitute one and the same agreement. 
 [SIGNATURES ON FOLLOWING PAGE] 

 

  
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	SYNAPTICS INCORPORATED

 
			
		
	By:	 	 
		
	Name:	 	
	Title:	 	

 
			
	
	Grantee Acknowledgment and Acceptance

 
			
		
	By:	 	 
		
	Name:	 	

  

  
 8EX-10.31(d)

 Exhibit 10.31(d) 

SYNAPTICS INCORPORATED 

PERFORMANCE STOCK UNIT INDUCEMENT AWARD AGREEMENT 

This Performance Stock Unit Inducement Award Agreement (this “Agreement”) is made as of ___________, 2019, by and
between Synaptics Incorporated, a Delaware corporation (the “Company”), and _____________ (the “Grantee”) pursuant to the Synaptics Incorporated 2019 Inducement Equity Plan (the
“Plan”). 
 1.    Certain Definitions. Capitalized terms used, but not otherwise
defined, in this Agreement will have the meanings given to such terms in the Plan and in Exhibit A attached hereto. 

2.    Grant of PSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement
and in the Plan, pursuant to authorization under resolutions of the Committee, the Company has granted to the Grantee as of ___________, 2019 (the “Date of Grant”) ________ performance-based Restricted Stock Units
(“PSUs”). Subject to the degree of attainment of the performance goals established for these PSUs as described in this Agreement, the Grantee may earn from 0% to 200% of the PSUs. Each PSU shall then represent the right of
the Grantee to receive one share of Common Stock or its cash equivalent subject to and upon the terms and conditions of this Agreement. 

3.    Restrictions on Transfer of PSUs. Subject to Section 11 of the Plan, neither the PSUs evidenced
hereby nor any interest therein or in the Common Stock underlying such PSUs shall be transferable prior to payment to the Grantee pursuant to Section 5 hereof other than by will or pursuant to the laws
of descent and distribution. 
 4.    Vesting of PSUs. 

 

	 	(a)	 Subject to the terms and conditions of this Agreement, the PSUs covered by this Agreement shall be subject to
performance and service based vesting conditions. 

  

	 	(i)	 Performance Condition. The number of PSUs that satisfy the Performance Condition (the “Earned
PSUs”) will be based on the Company’s achievement of certain performance goals during the Performance Period, as described on Exhibit A, and may range between 0% and 200% of the target number of PSUs set forth in this
Agreement and in Exhibit A. 

  

	 	(ii)	 Service Condition. A portion of the Earned PSUs will vest on each of the following dates, subject to the
Grantee’s continuous employment through each such date: 

 [VESTING DATE 1]: [PERCENTAGE OF
EARNED PSUS] 
 [VESTING DATE 2]: [PERCENTAGE OF EARNED PSUS] 

[VESTING DATE 3]: [PERCENTAGE OF EARNED PSUS] 

Any PSUs that do not vest in accordance with this Section 4 will be forfeited, including if the
Grantee ceases to be continuously employed by the Company or a Subsidiary prior to the applicable service based vesting date, provided above. For purposes of this Agreement, “continuously employed” (or substantially similar terms) means
the absence of any interruption or termination of the Grantee’s employment with the Company or a Subsidiary. Continuous employment shall not be considered interrupted or terminated in the case of transfers between locations of the Company and
its Subsidiaries. 
  

	 	(b)	 Treatment of PSUs Upon a Change in Control. 

 

	 	(i)	 Notwithstanding Section 4(a) above, if at any time before the
end of the Performance Period and while the Grantee is continuously employed by the Company or a Subsidiary, a Change in Control occurs, then the target number of PSUs shall be deemed to have satisfied the Performance Condition and shall be
considered “Earned PSUs” for purposes of this Agreement, and the Performance Period shall be deemed completed as of immediately prior to the closing of the Change in Control. 

 

	 	(ii)	 If, in connection with a Change in Control, a Replacement Award is provided to the Grantee to continue, replace
or assume any Earned PSUs, such Replacement Award shall remain outstanding and will vest thereafter pursuant to the service based vesting schedule in Section 4(a). If, however, a Replacement Award is
not provided in respect of such Earned PSUs, then the Earned PSUs shall become fully vested and nonforfeitable immediately prior to and contingent upon the consummation of the Change in Control. 

 

	 	(c)	 If the Grantee is subject to the Company’s Change of Control Severance Policy for Principal Executive
Officers (the “CiC Severance Policy”) and experiences a qualifying termination that provides for accelerated vesting under the CiC Severance Policy during the “Change of Control Period” (as defined in the CiC
Severance Policy), then (i) notwithstanding anything in this Agreement to the contrary, the Vesting Date (as defined below) for the PSUs shall be the later of (A) the date of such qualifying termination and (B) the “Effective
Date” (as defined in the CiC Severance Policy) and (ii) the target number of PSUs will be deemed to have satisfied the Performance Condition as of such Vesting Date. 

5.    Form and Time of Payment of PSUs. 

 

	 	(a)	 Payment for the PSUs, after and to the extent they have satisfied both the Performance Condition and the
service based vesting condition in Section 4(a) (such date, the “Vesting Date”), shall be made in the form of Common Stock or the cash equivalent. Except as provided in
Section 5(b), payment shall be made within sixty (60) days following the Vesting Date attributable to such PSUs. 

 

	 	(b)	 Notwithstanding Section 5(a), to the extent that the PSUs become
vested on the date of a Change in Control, Grantee will receive payment for vested PSUs in shares of Common Stock on the date of the Change in Control; provided, however, that if such Change in Control would not qualify as a permissible date of
distribution under Section 409A(a)(2)(A) of the Code, and the regulations thereunder, and where Section 409A of the Code applies to such distribution, the Grantee is entitled to receive the corresponding payment on the date that would have
otherwise applied pursuant to Section 5(a). 

  

	 	(c)	 Except to the extent provided by Section 409A of the Code and permitted by the Committee, no shares of
Common Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. 

  
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	 	(d)	 The Company’s obligations to the Grantee with respect to the PSUs that become vested in accordance with
Section 4 will be satisfied in full upon the issuance of Common Stock corresponding to such PSUs. 

6.    Dividend Equivalents; Voting and Other Rights. 

 

	 	(a)	 The Grantee shall have no rights of ownership in the Common Stock underlying the PSUs and no right to vote the
Common Stock underlying the PSUs until the date on which the Common Stock underlying the PSUs is issued or transferred to the Grantee pursuant to Section 5 above. 

 

	 	(b)	 Upon the payment of vested PSUs in accordance with Section 5
above, the Grantee shall receive additional shares of Common Stock or cash, as applicable, equal in value to the accrued dividend equivalents. The amount of dividend equivalents for each vested PSU shall equal the dividends paid on one share of
Common Stock for each dividend whose record date occurs during the period between the Date of Grant and the payment of the vested PSUs in accordance with Section 5 above. 

 

	 	(c)	 The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of
the Company to deliver Common Stock in the future, and the rights of the Grantee will be no greater than that of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under
this Agreement. 

 7.    Adjustments. The PSUs and the number of shares of Common Stock
issuable for each PSU, and the other terms and conditions of the grant evidenced by this Agreement, are subject to mandatory adjustment, including as provided in Section 8 of the Plan. 

8.    Withholding Taxes. To the extent that the Company is required to withhold federal, state, local or
foreign taxes or other amounts in connection with the delivery to the Grantee of Common Stock or any other payment to the Grantee or any other payment or vesting event under this Agreement, the Grantee agrees that the Company will withhold from the
shares of Common Stock required to be delivered to the Grantee under this Agreement, shares of Common Stock having a value equal to the amount required to be withheld under applicable income and employment tax laws. The shares so retained shall be
credited against any such withholding requirement at the market value of such Common Stock on the date of such delivery. To the extent that the amounts available to the Company for such withholding are insufficient, it shall be a condition to the
obligation of the Company to make any such delivery or payment that the Grantee make arrangements satisfactory to the Company for payment of the balance of such taxes or other amounts required to be withheld. In no event will the market value of the
Common Shares to be withheld and/or delivered pursuant to this Section 8 to satisfy applicable withholding taxes exceed the minimum amount required to be withheld, unless (i) an additional amount
can be withheld and not result in adverse accounting consequences, (ii) such additional withholding amount is authorized by the Committee, and (iii) the total amount withheld does not exceed the Grantee’s estimated tax obligations
attributable to the applicable transaction. 
 9.    Compliance With Law. The Company shall make
reasonable efforts to comply with all applicable federal and state securities laws; provided, however, notwithstanding any other provision of the Plan and this Agreement, the Company shall not be obligated to issue any Common Stock
pursuant to this Agreement if the issuance thereof would result in a violation of any such law. 

  
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 10.    Compliance With or Exemption From
Section 409A of the Code. To the extent applicable, it is intended that this Agreement and the Plan comply with or be exempt from the provisions of Section 409A of the Code. This Agreement and the Plan
shall be administered in a manner consistent with this intent, and any provision that would cause this Agreement or the Plan to fail to satisfy Section 409A of the Code shall have no force or effect until amended to comply with or be exempt
from Section 409A of the Code (which amendment may be retroactive to the extent permitted by Section 409A of the Code and may be made by the Company without the consent of the Grantee). Notwithstanding the foregoing, the Company is not
guaranteeing any particular tax outcome, and the Grantee shall remain solely liable for any and all tax consequences associated with the PSUs. 

11.    Interpretation. Any reference in this Agreement to Section 409A of the Code will also include
any proposed, temporary or final regulations, or any other guidance, promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service. 

12.    No Right to Future Awards or Employment. The grant of the PSUs under this Agreement to the Grantee is
a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the PSUs and any payments made hereunder will not be considered
salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or
any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee. 

13.    Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the
Plan shall not be taken into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any of its Subsidiaries and shall not
affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any of its Subsidiaries. 

14.    Amendments. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the
extent that the amendment is applicable hereto; provided, however, that (a) no amendment shall adversely affect the rights of the Grantee under this Agreement without the Grantee’s written consent, and (b) the
Grantee’s consent shall not be required to an amendment that is deemed necessary by the Company to ensure compliance with Section 409A of the Code or Section 10D of the Exchange Act.  

15.    Severability. In the event that one or more of the provisions of this Agreement shall be invalidated
for any reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof, and the remaining provisions hereof shall continue to be valid and fully enforceable. 

16.    Relation to Plan and Compensation Recovery Policy. This Agreement is subject to the terms and
conditions of the Plan. In the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. The Committee acting pursuant to the Plan, as constituted from time to time, shall, except as expressly provided
otherwise herein or in the Plan, have the right to determine any questions which arise in connection with this Agreement. Notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that this Agreement and the award
described herein (and any settlement thereof) are subject to the terms and conditions of the Company’s clawback policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any
applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Stock may be traded) (the “Compensation Recovery Policy”), and that
relevant sections of this Agreement shall be deemed superseded by and subject to the applicable terms and conditions of the Compensation Recovery Policy from and after the effective date thereof. 

  
 4 

 17.    Electronic Delivery. The Company may, in its sole
discretion, deliver any documents related to the PSUs and the Grantee’s participation in the Plan, or future awards that may be granted under the Plan, by electronic means or request the Grantee’s consent to participate in the Plan by
electronic means. The Grantee hereby consents to receive such documents by electronic delivery and, if requested, agrees to participate in the Plan through an on-line or electronic system established and
maintained by the Company or another third party designated by the Company. 
 18.    Governing
Law. This Agreement shall be governed by and construed with the internal substantive laws of the State of Delaware, without giving effect to any principle of law that would result in the application of the law of any other
jurisdiction. 
 19.    Successors and Assigns. Without limiting
Section 3 hereof, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Grantee, and the
successors and assigns of the Company. 
 20.    Acknowledgement and Complete Agreement. The Grantee
acknowledges that the Grantee (a) has received a copy of the Plan, (b) has had an opportunity to review the terms of this Agreement and the Plan, (c) understands the terms and conditions of this Agreement and the Plan and
(d) agrees to such terms and conditions. 
 21.    Counterparts. This Agreement may be executed in
one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same agreement. 
  

			
	SYNAPTICS INCORPORATED

 
			
		
	By:	 	 
		
	Name:	 	
	Title:	 	

 
			
	
	Grantee Acknowledgment and Acceptance

 
			
		
	By:	 	 
		
	Name:	 	

  

  
 5 

 EXHIBIT A 

PERFORMANCE PERIOD AND PERFORMANCE CONDITIONS 

(See attached)

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