Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

AGREEMENT 
 This
Nomination and Standstill Agreement (this “Agreement”) dated as of February 12, 2014, is by and among Foundation Onshore Fund, L.P., Foundation Offshore Master Fund, Ltd., Foundation Offshore Fund, Ltd., Foundation Asset
Management GP, LLC, Foundation Asset Management, LLC, David Charney, Sky Wilber (collectively, the “Foundation Group”), Engine Capital, L.P., Engine Jet Capital, L.P., Engine Capital Management, LLC, Engine Investments, LLC, Arnaud
Ajdler, (collectively, the “Engine Group” and, together with the Foundation Group, the “Shareholders”, and individually each a “Shareholder”), Glenn Christenson, Arnaud Ajdler (collectively, the
“New Independent Directors”) and Stewart Information Services Corporation, a Delaware corporation (the “Company”).  

WITNESSETH: 

WHEREAS, the Shareholders are currently the beneficial owners of approximately 1,827,714 shares (the “Shares”) of the
common stock, par value $0.01 per share, of the Company (“Common Stock”), which represents approximately 8.5% of the issued and outstanding shares of Common Stock;  

WHEREAS, the Nominating/Corporate Governance Committee of the Board (the “Governance Committee”) and the
Company’s Board of Directors (the “Board”) have considered the qualifications of the New Independent Directors and conducted such review as they have deemed appropriate, including reviewing materials provided by the New
Independent Directors; and 
 WHEREAS, the Governance Committee has recommended that the Company, among other things, include the New
Independent Directors in its slate of nominees for election to the Board at the next annual meeting of stockholders and the Board has determined that it is in the best interests of the Company to do so on the terms set forth in this Agreement. 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises, representations, warranties, covenants and agreements of the
parties contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, the parties hereto, intending to be legally bound hereby, agree as follows: 

ARTICLE 1 
 BOARD OF
DIRECTORS 
 1.1 Director Nominees 

Having had discussions with the Shareholders regarding the nominees to be nominated for election to the Board at the Company’s 2014 annual
meeting of stockholders (the “2014 Meeting”), the Governance Committee has reviewed the nominations and has recommended that the Board nominate the New Independent Directors for election as directors of the Company at the 2014
Meeting on the terms set out in this Agreement. For the avoidance of doubt, in addition to the New Independent Directors, the Board will also nominate three (3) additional directors for election at the 2014 Meeting by the holders of Common
Stock. Concurrent with the execution and delivery of this Agreement, the Board has determined and agreed to nominate the New Independent Directors for election as directors of the Company at the 2014 Meeting, and to prepare, file with the Securities
and Exchange Commission and disseminate to the Company’s stockholders 

 
proxy soliciting materials describing the terms of this Agreement. If a New Independent Director is elected by the Company’s stockholders to serve as a director on the Board at the 2014
Meeting, such New Independent Director shall serve until the annual meeting of stockholders of the Company in 2015 (the “2015 Meeting”), or until his or her earlier death, resignation, disqualification or removal. The Company shall
use the same solicitation efforts on behalf of the New Independent Directors as for all other nominees. 
 The Company agrees that if either
of the New Independent Directors is unable to serve as a director, resigns as a director or is removed as a director prior to the 2015 Meeting and at such time the Shareholders beneficially owns in the aggregate at least the lesser of 4.0% of the
Company’s then outstanding Common Stock and 857,922 shares of Common Stock (subject to adjustment for stock splits, reclassifications and similar adjustments), Foundation Asset Management, LLC shall have the ability to recommend a substitute
person(s); provided that, (i) any substitute will qualify as “independent” under the rules of the New York Stock Exchange, (ii) if Mr. Christenson (or any replacement for Mr. Christenson) is the director for whom
a substitute is sought, such substitute shall be independent of, and not affiliated with, the Shareholders and (iii) in each case subject to the approval of the Governance Committee after exercising its fiduciary duties. In the event the
Governance Committee does not accept a substitute person recommended by Foundation Asset Management, LLC, then Foundation Asset Management, LLC will have the right to recommend additional substitute person(s) for consideration by the Governance
Committee. Upon the acceptance of a replacement director nominee by the Governance Committee, the Board will appoint such replacement director to the Board no later than five business days after the Governance Committee recommendation of such
replacement director. 
 1.2 Board Committees 

(a) Immediately following the 2014 Meeting, the Board shall hold a meeting of the Board at which it shall create a new committee of the
Board (such committee, the “Advisory Committee”) consisting of Thomas Apel, one (1) New Independent Director chosen by the Board and one (1) director to be chosen in the Board’s sole discretion for the purpose of
overseeing the Company’s cost-reduction initiatives and reviewing the Company’s operations (efficiency, compensation, cost structure and other considerations) to determine if additional cost reductions are obtainable. The Advisory
Committee shall hire a consultant to review the Company’s cost structure and to make additional recommendations on any cost-cutting initiatives. The Chairman of the Board and CEO shall be entitled to participate in meetings of the Advisory
Committee. 
 (b) Effective as of the first meeting of the Board following the 2014 Meeting, but in any event no later than
five (5) business days following the 2014 Meeting, the Board shall choose, in its sole discretion, at least one (1) New Independent Director to be a member of each of the Nominating and Corporate Governance Committee, Compensation
Committee, Audit Committee, Executive Committee, if existing, Technology Advisory Committee, if existing, and any new committee of the Board created prior to the 2015 Meeting (collectively, the “Committees”); provided,
however, the New Independent Directors need not be placed on any committee formed in connection with a potential, threatened or actual election contest at the 2015 Meeting (or 2016 Meeting if this Agreement is extended pursuant to Section
4.1(b)). 

  
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 1.3 Earnings Calls 

The Company agrees to host public earnings calls commencing with the first quarter earnings call of 2014. 

1.4 Executive Compensation 
 Following the
execution of this Agreement, the Compensation Committee will review the incentive portions of the Company’s senior executives’ compensation structure in order to further align such executives’ performance incentives with per share
metrics. 
 ARTICLE 2 

COVENANTS 
 2.1 Covenants of the
Shareholders 
 (a) Each of the Shareholders agrees that: (i) at the 2014 Meeting and at any subsequent shareholder meeting during
the Covered Period (as defined herein), except as otherwise provided in Section 2.1(c)(i)(B) herein, it shall vote all of the shares of Common Stock beneficially owned by it in accordance with the Board’s recommendation with respect to
nominees to the Board and with respect to any other matter presented to shareholders; and (ii) it will not grant any consent or proxy for a consent to any third party seeking to have the shareholders authorize or take corporate action by
written consent during the Covered Period; provided, however, at the 2014 Meeting, as relates solely to the proposals other than the election of directors, if Institutional Shareholder Services Inc. (“ISS”) recommends
a vote “against” any proposal, each Shareholder shall be permitted to vote all of the shares of Common Stock beneficially owned by it in accordance with the ISS recommendation if, after discussing the proposals with the Company in good
faith, such Shareholder subsequently decides to follow the ISS recommendation rather than the Board’s recommendation. 
 (b) The
Shareholders and the New Independent Directors agree that if at any point during the Covered Period the Shareholders do not collectively own at least 4.0% of the Common Stock (subject to adjustment for stock splits, reclassifications and similar
adjustments), Arnaud Ajdler (or his replacement, if applicable) will promptly resign from the Board and the obligation of the Company to include Mr. Ajdler (or his replacement, if applicable) on the Board will cease; provided,
however, the remainder of this Agreement, including the other covenants in this Section 2.1, will remain in place for the duration of the Covered Period. 

(c) Each of the Shareholders agree that, during the period commencing on the date hereof and ending on the date when this Agreement
terminates in accordance with Section 4.1 (the “Covered Period”), unless such Shareholder shall have been specifically invited in writing by the Board, neither such Shareholder nor any controlled affiliates of such Shareholder
(as such term is defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) or any other parties under common management therewith (“Representatives”) acting on behalf of such Shareholder
will in any manner, directly or indirectly (including, without limitation, by directing, requesting or suggesting that any other person do so): 

  
 3 

 (i) effect or seek, offer or propose (whether publicly or otherwise and whether or not subject
to conditions) to effect, or announce any intention to effect or cause or participate in or in any way knowingly assist, facilitate or encourage any other person to effect or seek, offer or propose (whether publicly or otherwise and whether or not
subject to conditions) or announce any intention to effect or cause or participate in: 
 (A) the acquisition of, or obtaining any economic
interest in, any right to direct the voting or disposition of or any other right with respect to, any securities or other obligations of the Company or any of its subsidiaries (directly or by means of any Derivative Securities) (except (i) to
the extent issued by the Company in respect of its shares of capital stock to all existing stockholders, including to a Shareholder and (ii) the acquisition by the Shareholders or a Shareholder’s controlled affiliates, in compliance with
applicable securities laws, of additional shares of (or economic interest in) Common Stock of the Company following the date hereof (provided that at no time during the Covered Period shall (i) the Foundation Group or the Engine Group each
individually beneficially own (or have an economic interest) in excess of 9.99% of the issued and outstanding voting securities of the Company or (ii) the Shareholders and any Shareholder Affiliates collectively beneficially own (or have an
economic interest) in excess of 14.99% of the issued and outstanding voting securities of the Company)), in each case, whether or not any of the foregoing may be acquired or obtained immediately or only after the passage of time or upon the
satisfaction of one or more conditions (whether or not within the control of such party) pursuant to any agreement, arrangement or understanding (whether or not in writing) or otherwise and whether or not any of the foregoing would give rise to
“beneficial ownership” (as such term is used in Rule 13d-3 of the Exchange Act), and, in each case, whether or not any of the foregoing is acquired or obtained by means of borrowing of securities, operation of any Derivative Security or
otherwise. For the purposes of this Agreement, the term “Derivative Securities” means, with respect to any person, any rights, options or other securities convertible into or exchangeable for securities, bank debt or other obligations or
any obligations measured by the price or value of any securities, bank debt or other obligations of such person, including without limitation any swaps or other derivative arrangements.; 

(B) any (i) tender or exchange offer for securities of the Company or any of its subsidiaries, or any merger, consolidation, business
combination or acquisition or disposition of assets of the Company or any of its subsidiaries; or (ii) recapitalization, restructuring, liquidation, dissolution or other similar extraordinary transaction with respect to the Company or any of
its subsidiaries; provided, however, that nothing herein will limit the ability of (1) any Shareholder or its respective Representatives, to vote its shares of Common Stock on any matter submitted to a vote of the stockholders of
the Company with respect to any recapitalization, restructuring, liquidation, dissolution or other similar extraordinary transaction or (2) any Shareholder, in accordance with the applicable exemption under Rule 14a-1(l)(2)(iv) of the proxy
rules, to announce its opposition to any Board-approved publicly announced proposals relating to a merger, acquisition, disposition of all or substantially all of the assets of the Company or other business combination involving the Company
requiring a vote of stockholders of the Company; 

  
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 (C) any “solicitation” of “proxies” to vote (as such terms are used in
Regulation 14A of the Exchange Act) or consents to vote (whether or not related to the election or removal of directors) with respect to any voting securities of the Company or any of its subsidiaries, or the initiation, proposal, encouragement or
solicitation of shareholders of the Company for the approval of any shareholder proposals with respect to the Company, or the solicitation, advisement or influence of any person with respect to the voting of any voting securities of the Company.

 (ii) deposit any shares of Common Stock or other voting securities of the Company in a voting trust or subject shares of Common Stock or
other voting securities of the Company to a voting agreement or other agreement or arrangement with respect to the voting of such shares or securities, including, without limitation, lend any securities of the Company to any person or entity for the
purpose of allowing such person or entity to vote such securities in connection with any stockholder vote or consent of the Company; 

(iii) form, join or in any way participate in a “group” (other than the existing group that consists of all or some lesser number of
the Shareholders) as defined in Section 13(d)(3) of the Exchange Act with respect to any securities of the Company or otherwise in connection with any of the foregoing (other than as disclosed in the current Schedule 13D filed by the
Shareholders); provided, however, that nothing herein shall limit the ability of a Representative of any of the Shareholders to join the “group” following the execution of this Agreement, so long as any such Representative
agrees to be bound by the terms and conditions of this Agreement; 
 (iv) (A) call or seek to call any meeting of shareholders,
including by written consent, or provide to any third party a proxy, consent or requisition to call any meeting of shareholders; (B) seek to have the shareholders authorize or take corporate action by written consent without a meeting, solicit
any consents from shareholders or grant any consent or proxy for a consent to any third party seeking to have the shareholders authorize or take corporate action by written consent without a meeting; (C) seek representation on the Board;
(D) seek the removal of any member of the Board; (E) conduct a referendum of shareholders; or (F) make a request for a shareholder list or other similar Company books and records; 

(v) otherwise act, alone or in concert with others, to seek to control or influence the management, Board or policies of the Company or any of
its subsidiaries; 
 (vi) disclose any intention, plan or arrangement inconsistent with the foregoing; 

(vii) instigate, encourage, join, act in concert with or assist (including, but not limited to, providing or assisting in any way in the
obtaining of financing for, or acting as a joint or co-bidder for the Company or any of its subsidiaries with) any third party to do any of the foregoing; 

(xiii) take any action that could reasonably be expected to require the Company to make a public announcement regarding the possibility of any
of the events described in this Section 2.1; or 
 (ix) request that the Company or the Board or any of their respective
representatives amend or waive any provision of this Section 2.1 (including this sentence) or for the Board to specifically invite any Shareholder or any of its Representatives to take any of the actions prohibited by this Section 2.1.

  
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 The foregoing provisions of this Section 2.1(b) shall not be deemed (i) to prohibit the Shareholders
and their Representatives from communicating privately with the Company’s directors, officers or advisors so long as such communications are not intended to, and would not reasonably be expected to, require any public disclosure of such
communications or (ii) to restrict in any manner each New Independent Director from acting in his capacity as a director and in accordance with his fiduciary duties; provided, however, that such action does not require public
disclosure by the Company or the Shareholders of any matter that would otherwise violate this Section 2.1(c). 
 (d) The Shareholders
shall, and shall cause their applicable affiliates to promptly file an amendment to their Schedule 13D reporting entry into this Agreement, amending applicable items to conform to their obligations hereunder and appending or incorporating by
reference this Agreement as an exhibit thereto. The Shareholders shall provide the Company and its counsel with a copy of such amendment to their Schedule 13D within a reasonable period in advance of filing such amendment with the SEC in order to
provide the Company with a reasonable opportunity to review and comment on such materials. The Shareholders shall, in good faith, take into consideration the comments received from the Company on such amendment and shall take reasonable efforts to
incorporate such comments into the applicable materials. 
 (e) Upon request of the Company, the Shareholders shall notify the Company of the
number of shares of Common Stock beneficially owned by each of the Engine Group and the Foundation Group. 
 2.2 Covenants of the Company 

(a) The Company shall allow the New Independent Directors to observe each meeting of the Board and the Committees from the date hereof until
the date of the 2014 Meeting as non-voting observers, and each New Independent Director shall be entitled to receive all documents, material and information that is made available to the Board and the Committees; provided, however,
each New Independent Director shall execute a confidentiality agreement with customary terms prior to observing any Board and Committee meetings and as a condition to the Company’s obligation to allow the New Independent Directors to observe
such Board and Committee meetings. 
 (b) The Company shall promptly file a Form 8-K reporting entry into this Agreement and appending or
incorporating by reference this Agreement as an exhibit thereto. 
 (c) The Company shall provide the Shareholders and their counsel with a
copy of the Form 8-K referenced in clause (a) above within a reasonable period in advance of filing such Form 8-K with the SEC in order to provide the Shareholders with a reasonable opportunity to review and comment on such Form 8-K . The
Company shall, in good faith, take into consideration the comments received from the Shareholders on such Form 8-K and shall take reasonable efforts to incorporate such comments into the Form 8-K. 

(d) The Company shall hold the 2014 Meeting prior to May 30, 2014, unless the review by the Securities and Exchange Commission (the
“SEC”) necessitates a later date, in which case the Company shall hold the 2014 Meeting as soon as practicable after the SEC review and comment process has been completed. 

  
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 2.3 Joint Covenants 

The Company and the Shareholders shall work together to obtain from, and the New Independent Directors agree to provide, a signed agreement to
the effect that (x) such New Independent Directors consent to serve as a director of the Company, if elected, and to be included in the Company’s proxy statement and proxy card and (y) will be bound by all policies, codes and
guidelines applicable to directors, and such signed agreement shall be a condition to each New Independent Director’s nomination. The Shareholders and the New Independent Directors will provide any applicable information, consents and filings
to any insurance regulatory authority and acknowledge that the Company’s obligations under this Agreement shall be subject to any required filings, consents or approvals of any such regulatory authority. 

ARTICLE 3 

REPRESENTATIONS AND WARRANTIES 
 3.1
Representations of the Shareholders 
 The Shareholders represent and warrant as follows: 

(a) The Shareholders have the power and authority to execute, deliver and carry out the terms and provisions of this Agreement and to
consummate the transactions contemplated hereby. 
 (b) This Agreement has been duly and validly authorized, executed and delivered by the
Shareholders, constitutes a valid and binding obligation and agreement of the Shareholders and is enforceable against the Shareholders in accordance with its terms. 

(c) The Shareholders, together with their affiliates, beneficially own, directly or indirectly, an aggregate of approximately 1,827,714 shares
of Common Stock and such shares of Common Stock constitute all of the Common Stock beneficially owned by the Shareholders and their affiliates. 

(d) To the knowledge of the Shareholders, each of the New Independent Directors (A) is “independent” under the rules of the New
York Stock Exchange and Rule 10A-3 of the Exchange Act, (B) is not an “interested person”, as defined in the Investment Company Act of 1940, as amended, of the Shareholders and (C) has no agreements, arrangements or
understandings (whether compensatory or otherwise) with any of the Shareholders or their affiliates, except for Mr. Ajdler in his capacity as Managing Member of Engine Investments, LLC and its affiliates. 

3.2 Representations of the Company 
 The
Company represents and warrants as follows: 
 (a) The Company has the power and authority to execute, deliver and carry out the terms and
provisions of this Agreement and to consummate the transactions contemplated hereby. 

  
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 (b) This Agreement has been duly and validly authorized, executed and delivered by the Company,
constitutes a valid and binding obligation and agreement of the Company and is enforceable against the Company in accordance with its terms. 

ARTICLE 4 
 TERMINATION

 4.1 Termination 
 This Agreement
shall remain in full force and effect until the earliest of: 
 (a) the Company’s material breach of its obligations under
Section 1.1 of this Agreement, provided that (if such breach is curable) the Shareholders have provided written notice to the Company of such breach and such breach has not been cured within a ten (10) day period; 

(b) the date that is 10 business days prior to the expiration of the earlier of the Company’s advance notice deadline for the nomination
of directors or the Company’s advance notice deadline for the submission of proposals at the 2015 Meeting, which dates shall only be deemed to refer to the notice periods as established by the Company’s Amended and Restated Bylaws and
shall not, in any event, be deemed to refer to the date for submission of stockholder proposals as established by Rule 14a-8 of the Exchange Act; provided, however, that if the Company provides written notice that it intends to
nominate the New Independent Directors for election to the Board at the 2015 Meeting at least five (5) business days prior to the date described in this Section 4.1(b), then upon the Shareholders’ consent, the Agreement shall be
automatically extended until the date that is 10 business days prior to the expiration of the earlier of the Company’s advance notice deadline for the nomination of directors at the Company’s 2016 annual meeting of stockholders (the
“2016 Meeting”) or the Company’s advance notice deadline for the submission of proposals at the 2016 Meeting; 
 (c)
such other date established by mutual written agreement of the Company and the Shareholders. 
 4.2 Effect of Termination 

Article 5 shall survive the termination of this Agreement. No termination pursuant to Section 4.1 shall relieve any party hereto from
liability for any breach of this Agreement prior to such termination. 
 ARTICLE 5 

GENERAL 
 5.1 Notices 

All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given to a
party if delivered in person or sent by overnight delivery (providing proof of delivery) to the party at the following addresses (or at such other address for a party as shall be specified by like notice) on the date of delivery, or if by facsimile,
upon confirmation of receipt: 

  
 8 

			
	If to the Company:	  	 Stewart Information Services Corporation
 1980
Post Oak Blvd.
 Houston, Texas 77056
  

Attention: Matthew Morris
 Telephone: 713-625-8000

Facsimile: 713-629-2323

		
	with a copy (which shall not constitute notice) to	  	 Skadden, Arps, Slate, Meagher & Flom LLP
 4
Times Square
 New York, NY 10039
  

Attention: Richard J. Grossman
 Telephone: 212-735-3000

Facsimile: 917-777-2116

		
	If to the Shareholders and any of their Representatives	  	 c/o Foundation Asset Management, LLC
 81 Main
Street, Suite 306
 White Plains, NY 10601
  

Attention: Ben Bresnahan
 Telephone: 914-574-2923

Facsimile: 914-574-2084

		
	with a copy (which shall not constitute notice) to	  	 Olshan Frome Wolosky LLP
 Park Avenue Tower

65 East 55th Street

New York, NY 10022
  

Attention: Steve Wolosky
 Telephone: 212-451-2300

Facsimile: 212-451-2222

 5.2 No Third-Party Beneficiaries 

Nothing in this Agreement, whether express or implied, is intended to or shall confer any rights, benefits or remedies under or by reason of
this Agreement on any persons other than the parties hereto, nor is anything in this Agreement intended to relieve or discharge the obligation or liability of any third persons to any party. 

5.3 Communications; Publicity 
 The
parties agree that the press release attached as Exhibit A hereto will be issued following execution of this Agreement and no party shall make any statement inconsistent with such press release. 

  
 9 

 During the Covered Period, each party hereto shall refrain from making, causing to be made, or
allowing any of its Representatives from making, any public statement or announcement that disparages the business or any current or former officers, employees, or directors of the other. The foregoing shall not prevent (i) any Shareholder, in
accordance with the applicable exemption under Rule 14a-1(l)(2)(iv) of the proxy rules, from announcing its opposition to any Board-approved publicly announced proposals relating to a merger, acquisition, disposition of all or substantially all of
the assets of the Company or other business combination involving the Company requiring a vote of stockholders of the Company; or (ii) the making of any factual statement as required by applicable legal process, subpoena, or legal requirement
or as part of a response to a request for information from any governmental authority with jurisdiction over the party from whom information is sought. 

5.4 Governing Law 
 This Agreement shall
be governed and construed in accordance with the laws of the State of Delaware, without regard to the conflict of law principles thereof. The parties and their respective Representatives: (a) irrevocably and unconditionally consent and submit
to the jurisdiction of the state and federal courts located in the State of Delaware for purposes of any action, suit or proceeding arising out of or relating to this Agreement; (b) agree that service of any process, summons, notice or document
by U.S. registered mail to the address set forth in Section 5.1 of this Agreement shall be effective service of process for any action, suit or proceeding brought against them; (c) irrevocably and unconditionally waive any objection to the
laying of venue of any action, suit or proceeding arising out of or relating to this Agreement in any state or federal court located in the State of Delaware; and (d) irrevocably and unconditionally waive the right to plead or claim, and
irrevocably and unconditionally agree not to plead or claim, that any action, suit or proceeding arising out of or relating to this Agreement that is brought in any state or federal court located in the State of Delaware has been brought in an
inconvenient forum. 
 5.5 Assignment 

This Agreement shall be binding upon and inure to the benefit of and be enforceable only by the parties hereto. No party to this Agreement may
assign its rights or delegate its obligations under this Agreement, whether by operation of law or otherwise. 
 5.6 Amendments; Waivers 

This Agreement may only be amended pursuant to a written agreement executed by all the parties, and no waiver of compliance with any provision
or condition of this Agreement and no consent provided for in this Agreement shall be effective unless evidenced by a written instrument executed by the party against whom such waiver or consent is to be effective. No failure or delay by a party in
exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder. 

5.7 Entire Agreement 
 This Agreement
constitutes the entire agreement of all the parties and except as provided herein supersedes any and all prior and contemporaneous agreements, memoranda, arrangements and understandings, both written and oral, between the parties, or any of them,
with respect to the subject matter hereof. No representation, warranty, promise, inducement or statement of intention has been made by any party which is 

  
 10 

 
not contained in this Agreement and no party shall be bound by, or be liable for, any alleged representation, promise, inducement or statement of intention not contained herein. The parties
expressly disclaim reliance on any information, statements, representations or warranties regarding the subject matter of this Agreement other than the terms of this Agreement. 

5.8 Counterparts 
 This Agreement may be
executed in any number of counterparts (including by facsimile transmission), each of which shall be deemed to be an original, but all of which together shall constitute one binding agreement on the parties, notwithstanding that not all parties are
signatories to the same counterpart. 
 5.9 Expenses 

All attorneys’ fees, costs and expenses incurred in connection with this Agreement and all matters related hereto will be paid by the
party incurring such fees, costs or expenses; provided, however, that upon receipt of proper invoices in reasonable detail, the Company will reimburse such reasonable attorneys’ fees, costs and expenses of the Shareholders in connection with
the matters related to the 2014 Meeting, the filing of a Schedule 13D amendment in connection with this Agreement and the negotiation and execution of this Agreement up to a maximum amount of $75,000. 

5.10 Captions 
 The captions contained in
this Agreement are for convenience only and shall not affect the construction or interpretation of any provisions of this Agreement. 
 5.11 Specific
Performance 
 The parties agree that irreparable damage would occur in the event any of the provisions of this Agreement were not
performed in accordance with the terms hereof and that such damage would not be adequately compensable in damages. It is accordingly agreed that the parties are entitled to seek an injunction or specific performance of the terms hereof in addition
to any other remedies at law or in equity, and a party will not take any action, directly or indirectly, in opposition to another party seeking relief on the grounds that any other remedy or relief is available at law or in equity, and the parties
further agree to waive any requirement for the security or posting of any bond in connection with such remedy or relief. 

[Remainder of Page Intentionally Left Blank; Signature Page Follows]  

  
 11 

 IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the date first
above written. 
  

					
	Stewart Information Services Corporation
		
	By:	 	 /s/ Matthew Morris

		 	Name:	 	Matthew Morris
		 	Title:	 	Chief Executive Officer

 [Signature Page to the Settlement Agreement] 

 
			
	Foundation Onshore Fund, L.P.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Foundation Offshore Master Fund, Ltd.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Foundation Offshore Fund, Ltd.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Foundation Asset Management GP, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	Foundation Asset Management, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 [Signature Page to the
Settlement Agreement] 

 
	
	 /s/ David Charney

	David Charney
	
	 /s/ Sky Wilber

	Sky Wilber

  
 [Signature Page to the
Settlement Agreement] 

 
			
	Engine Capital, L.P.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Engine Jet Capital, L.P.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Engine Capital Management, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	Engine Investments, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 [Signature Page to the
Settlement Agreement] 

 
	
	 /s/ Arnaud Ajdler

	Arnaud Ajdler, in his capacity as a Shareholder and a New Independent Director
	
	 /s/ Glenn Christenson

	Glenn Christenson, in his capacity as a New Independent Director

  
 [Signature Page to the
Settlement Agreement] 

 EXHIBIT A 

FOR IMMEDIATE RELEASE 
 STEWART
INFORMATION SERVICES ANNOUNCES VALUE CREATION STRATEGIES 
 Nominates Two New Independent Directors for 2014 Annual Meeting

 Announces Initiative Designed to Generate $25 Million in Annual Run Rate Savings by 2015 

Expects to Return $70 Million to Stockholders by End of 2015 through Share Repurchase Program 

HOUSTON, TX – February 13, 2014 – Stewart Information Services Corp. (NYSE: STC) (“Stewart”), a leading provider of real
estate services, including global residential and commercial title insurance, escrow and settlement services, lender services, underwriting, specialty insurance and other solutions that facilitate successful real estate transactions, today announced
value creation strategies, including the nomination of two new independent directors, a cost savings initiative and a share repurchase program. 
 The cost
savings initiative extends Stewart’s ongoing streamlining efforts and is expected to generate annual run rate pre-tax savings of $25 million by year end 2015. 

The Stewart Board has also reviewed its capital allocation plans for 2014 and 2015, and expects to return $70 million to stockholders through a share
repurchase program. It is currently expected that the share repurchase activity will begin in the second half of 2014, with the majority expected to occur throughout 2015. Under the share repurchase program, Stewart has the ability to purchase
shares of its outstanding common stock through open market and in privately negotiated transactions at prices deemed appropriate by management. The timing, form and amount of share repurchases under the program will depend on a variety of factors,
including market conditions, share price, the Company’s capital and liquidity position relative to internal and rating agency targets, legal requirements, including approval of release of cash from the regulated underwriter by the
Company’s insurance regulators, corporate considerations, and other factors. 
 Stewart further announced it will begin hosting earnings conference
calls commencing with the first quarter earnings call of 2014. 
 Matthew W. Morris, Chief Executive Officer of Stewart, said, “As evidenced by the
increase in our stock price over the last two years, enhancing stockholder value has been a top priority for the Stewart Board. The strategies announced today will drive incremental value by further streamlining our cost profile and returning
capital to our stockholders. I look forward to working closely with the Board and management team as we continue to execute our strategies for promoting sustainable growth and enhanced value.” 

Stewart also announced today that it has agreed to nominate two new independent directors to the Stewart Board at the Company’s 2014 Annual Meeting:
Glenn C. Christenson, managing director of Velstand Investments, LLC, and Arnaud Ajdler, managing partner of Engine Capital LP. 
 Dr. Edward Douglas
Hodo, Chairman of the Stewart Board of Directors, said, “We look forward to welcoming Glenn and Arnaud to our Board at the Annual Meeting. Both of these individuals are highly qualified and will bring to Stewart’s Board extensive financial
experience and unique perspectives on our Company and industry.” 
 “I am honored to be nominated to join the Stewart Board of Directors,”
said Mr. Christenson. “I look forward to working collaboratively as a director, and believe that together, we can advance the goal of generating superior returns for all stockholders.” 

 Mr. Ajdler said, “We invested in Stewart because it is a strong company that presents tremendous
opportunities for value creation. Like Glenn, I look forward to working with the Board and management team to unlock the value inherent in this great company.” 

In connection with today’s announcements, Stewart has entered into an agreement with Foundation Asset Management and Engine Capital, which collectively
own approximately 1,827,714 shares of Stewart common stock, representing approximately 8.5% of the Company’s outstanding shares. Under the agreement, Foundation and Engine have agreed not to solicit proxies in connection with the 2014 Annual
Meeting and to vote their shares in support of all of the Board’s director nominees at the Annual Meeting. Foundation and Engine Capital have also agreed to a customary standstill provision. Pursuant to the agreement, Stewart will be
establishing a special committee of the Stewart Board following the 2014 Annual Meeting to oversee Stewart’s cost savings initiatives and help determine if additional cost savings are obtainable. The complete agreement between Stewart,
Foundation and Engine Capital will be filed in a Form 8-K with the Securities and Exchange Commission. 
 Dr. Hodo added, “Stewart has a
longstanding policy of open communications with stockholders and welcomes constructive input toward achieving our goal of enhancing value. We are pleased to have reached this agreement with Foundation and Engine Capital, and our Board is confident
that today’s announcements are in the best interests of the Company and all Stewart stockholders.” 
 Glenn Christenson 

Glenn C. Christenson has been the managing director of Velstand Investments, LLC since 2004. He also serves as chief financial officer, senior vice president,
treasurer and assistant secretary at Rancho Station, LLC. He served in various roles at Station Casinos Inc. (now Station Casinos LLC) between 1989 and 2007, including director, chief financial officer, chief administration officer, executive vice
president, treasurer, principal accounting officer and assistant secretary. From 1983 to 1989, he served as a partner of Deloitte Haskins & Sells (now Deloitte & Touche), where he served as a partner-in-charge of Audit Services for
the Nevada practice and National Audit Partner at the Hospitality Industry. Mr. Christenson has been a director of NPC and SPPC since 2007. He also serves as a director at Sierra Pacific Power Company, Nevada Power Company, and NV Energy, Inc.
(alternate name, Sierra Pacific Resources). Previously, he served as a director of First American Financial Corporation and Nevada Community Bank. He was named to the Nevada Society of CPAs Hall of Fame for Business and Industry in 2002 and was
designated one of the Most Influential Businessmen in southern Nevada by In Business magazine in 2002. In a poll of investors and analysts conducted by Institutional Investor Magazine, Mr. Christenson was named the top chief financial officer
in the gaming and lodging industry from 2006 to 2007. Mr. Christenson is a Certified Public Accountant and holds an undergraduate degree in Business Administration from Wittenberg University and an MBA in Finance from The Ohio State University.

 Arnaud Ajdler 
 Arnaud Ajdler has served as the
managing partner of Engine Capital LP, a value-oriented investment firm focused on companies going through changes, since February 2013. Prior to that, Mr. Ajdler was a partner at Crescendo Partners, a value-oriented activist investment firm
from 2005 to 2013. Mr. Ajdler is also an adjunct professor at the Columbia Business School where he teaches a course in Value Investing. Mr. Ajdler also serves as the Chairman of the Board of Directors of Destination Maternity, Inc.
Mr. Ajdler served as a director of Charming Shoppes, Inc. from 2008 until the company was acquired in June 2012 by Ascena Retail Group Inc., as a director of O’Charley’s Inc. from March 2012 until the Company was acquired in April
2012 by Fidelity National Financial Inc., and as a director of The Topps Company from August 2006 until the company was acquired in October 2007 by Madison Dearborn Partners, LLC and an affiliate of Michael Eisner. Mr. Ajdler received a BS in
mechanical engineering from the Free University of Brussels, Belgium, an SM in Aeronautics from the Massachusetts Institute of Technology and an MBA from Harvard Business School. 

 About Stewart 

Stewart Information Services Corp. (NYSE-STC) is a customer-focused, global title insurance and real estate services company offering products and services
through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and
servicers; title agencies and real estate attorneys; home builders; and United States and foreign governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and
personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Offering personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, Stewart is the
preferred real estate services provider. More information can be found at http://www.stewart.com/news, subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco. 

FORWARD LOOKING STATEMENTS 
 Certain statements in this
news release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and often address our expected future business and
financial performance. These statements often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “foresee” or other similar
words. Forward-looking statements by their nature are subject to various risks and uncertainties that could cause our actual results to be materially different than those expressed in the forward-looking statements. These risks and uncertainties
include, among other things, the tenuous economic conditions; adverse changes in the level of real estate activity; changes in mortgage interest rates, existing and new home sales, and availability of mortgage financing; our ability to respond to
and implement technology changes, including the completion of the implementation of our enterprise systems; the impact of unanticipated title losses on the need to strengthen our policy loss reserves; any effect of title losses on our cash flows and
financial condition; the impact of vetting our agency operations for quality and profitability; changes to the participants in the secondary mortgage market and the rate of refinancings that affect the demand for title insurance products; regulatory
non-compliance, fraud or defalcations by our title insurance agencies or employees; our ability to timely and cost-effectively respond to significant industry changes and introduce new products and services; the outcome of pending litigation; the
impact of changes in governmental and insurance regulations, including any future reductions in the pricing of title insurance products and services; our dependence on our operating subsidiaries as a source of cash flow; the continued realization of
expense savings from our continual focus on aligning our operations to quickly adapt our costs to transaction volumes and market conditions; our ability to access the equity and debt financing markets when and if needed; our ability to grow our
international operations; and our ability to respond to the actions of our competitors. These risks and uncertainties, as well as others, are discussed in more detail in our documents filed with the Securities and Exchange Commission, including our
Annual Report on Form 10-K for the year ended December 31, 2012, our quarterly reports on Form 10-Q, and our Current Reports on Form 8-K. We expressly disclaim any obligation to update any forward-looking statements contained in this news
release to reflect events or circumstances that may arise after the date hereof, except as may be required by applicable law. 
 ADDITIONAL INFORMATION
AND WHERE TO FIND IT 
 Stewart Information Services Corporation (the “Company”), its directors and certain of its executive officers and
employees may be deemed to be participants in the solicitation of proxies from stockholders in connection with the Company’s 2014 Annual Meeting of Stockholders (the “2014 Annual Meeting”). The Company plans to file a proxy statement
with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the 2014 Annual Meeting (the “2014 Proxy Statement”). None of these potential participants owns in excess of 1 percent of
the Company’s Common Stock. Certain directors and officers of the Company own substantial amounts of Class B Common Stock. Additional information regarding the identity of these potential participants and their direct or indirect interests, by
security holdings or otherwise, will be set forth in the 2014 Proxy Statement and other materials to be filed with the SEC in connection with the 2014 Annual Meeting. This information can also be found in the Company’s definitive proxy
statement for its 2013 Annual Meeting of Stockholders (the “2013 Proxy Statement”), filed with the SEC on April 1, 2013, or the Annual Report on Form 10-K for the year ended December 31, 2012, filed with the SEC on March 6,
2013 (the “Form 10-K”). To the extent holdings of the Company’s securities have changed since the amounts printed in the 2013 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4
filed with the SEC. 

 STOCKHOLDERS ARE URGED TO READ THE 2014 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO),
2013 PROXY STATEMENT, FORM 10-K AND ANY OTHER RELEVANT DOCUMENTS THAT THE COMPANY HAS FILED OR WILL FILE WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION. 

Stockholders will be able to obtain, free of charge, copies of the 2014 Proxy Statement (when filed), 2013 Proxy Statement, Form 10-K and any other documents
(including the WHITE proxy card) filed or to be filed by the Company with the SEC in connection with the 2014 Annual Meeting at the SEC’s website (http://www.sec.gov) or at the Company’s website (http://www.stewart.com) or by writing to
Stewart Information Services Corporation, Attention: Investor Relations, 1980 Post Oak Boulevard, Suite 800, Houston, Texas 77056. 
 CONTACTS 

 

			
	 INVESTORS:
 Ted C. Jones

(713) 625-8014
 ted@stewart.com
	  	 MEDIA:
 Eric Brielmann, Scott Bisang

Joele Frank, Wilkinson Brimmer Katcher
 (212)
355-4449EX-10.1

 Exhibit 10.1 

JARDEN CORPORATION 

RESTRICTED STOCK AGREEMENT 

FOR 
 MARTIN E. FRANKLIN

 WHEREAS, the Recipient named above (the “Recipient”) is an employee of Jarden Corporation (the
“Company”); 
 WHEREAS, the Board of Directors of the Company (the “Board”) desires for key executive
officers of the Company to focus on creating exceptional stockholder value over the long term and, consistent with successful past practice, believes it to be necessary and desirable to create long-term incentives designed to support the goals set
by the Board in order to create such stockholder value; 
 WHEREAS, after consideration and consultation with the Company’s outside
advisors and consultants and in furtherance of the strategic goals and objectives previously established by the Board, the Compensation Committee of the Board (the “Committee”) desires to grant restricted shares of the
Company’s common stock, par value $0.01 per share (collectively, the “Restricted Stock”) to the Recipient upon terms and conditions designed to promote the creation of stockholder value, drive revenue growth, maximize the
growth in the Company’s earnings over time and create a pay-for-performance, ownership culture that encourages long-term performance by the Company’s executive officers; and 

WHEREAS, the Committee had previously established a long-term incentive compensation program using the performance metrics contemplated
herein, and such program resulted in exceptional performance by the Company during the long-term performance period ended on December 31, 2013, the achievement of the strategic goals set by the Committee during that period, and the creation of
extraordinary stockholder value, with the Company being among the top five performing stocks compared to the S&P 500 Consumer Staples Index on a one-, five- and 10-year basis as of December 31, 2013 and achieving net sales and adjusted
earnings per share of $7.35 billion and $3.58, respectively, for the year ended December 31, 2013; and 
 WHEREAS, the Committee has
determined, based on, among other things, past experience and current advice of its advisors and consultants, that the terms and conditions set forth in this Agreement are appropriate and effective to promote the achievement of the goals stated
above and incentivize management to focus on creating extraordinary stockholder value over the long term; and 
 WHEREAS, the parties hereto
desire to enter into this Agreement on the terms hereinafter set forth. 
 NOW THEREFORE, the parties hereto, in consideration of the
promises set forth herein agree as follows: 
 1. Award of Restricted Stock. The Company hereby grants, as of February 12, 2014
(the “Date of Grant”), to the Recipient 1,200,000 shares of Restricted Stock (the “Performance 

 
Shares”). The Restricted Stock shall be subject to the terms, provisions and restrictions set forth in this Agreement and the Jarden Corporation 2013 Stock Incentive Plan (the
“Plan”), which is incorporated herein for all purposes. As a condition to entering into this Agreement, and as a condition to the issuance of any Shares (or any other securities of the Company), the Recipient agrees to be bound by
all of the terms and conditions herein and in the Plan. Unless otherwise provided herein, terms used herein that are defined in the Plan and not defined herein shall have the meanings attributable thereto in the Plan. 

2. Vesting of Restricted Stock. 

(a) Performance Conditions. Subject to the terms and conditions of this Agreement, the Performance Shares shall become vested,
if at all, upon the achievement of both (but not fewer than both) of the following performance goals (in which case such vesting shall occur upon the achievement of the later of the goals to be achieved): 

(i) The Company’s Net Sales (“Sales”) for any fiscal year(s) ending on or before December 31, 2018 (the
“Performance Period”), as calculated and certified by the Committee, equals or exceeds Ten Billion Five Hundred Million dollars ($10,500,000,000.00) (the “Sales Performance Target”); and 

(ii) If the Company’s Adjusted Earnings per Share (“EPS”) for any fiscal year(s) during the Performance Period, as
calculated and certified by the Committee for purposes of the Company’s annual incentive compensation programs, equals or exceeds the threshold(s) set forth below (the “EPS Performance Target(s)” and, together with the Sales
Performance Target, the “Performance Targets”), then, provided that the Sales Performance Target is achieved during the Performance Period, the Non-Vested Shares (as defined below) (up to a cumulative maximum of 100% of the
Performance Shares during the 5-year Performance Period) shall vest on a pro rata, straight-line basis between the percentages set forth below opposite the respective minimum and maximum targets: 

 

							
	 	  	 EPS
	  	Vesting Percentage	 
			
	 Minimum target
	  	$5.00 per share	  	 	70	% 
			
	 Maximum target
	  	$6.00 per share	  	 	100	% 

 By way of examples, if either the Sales Target or the EPS Performance Target is not achieved (i.e.,
fewer than both of the Performance Targets are achieved) during the Performance Period, then no shares will vest. If the Sales Performance Target is achieved in or prior to the year ending December 31, 2017, and the Company’s EPS
equals $5.50 per share for the year ending December 31, 2017, then 85% of the Performance Shares shall be vested. If the Company’s EPS for the subsequent year ending on December 31, 2018 equals $6.00 per share, then the remaining 15%
of the Performance Shares (for a cumulative total of 100% of the Performance Shares) shall be vested. 

  
 2 

 In the event that a Change of Control of the Company (as defined below) occurs during the
Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change of Control of the Company, unless either (i) the Company is the surviving entity in the
Change of Control of the Company and the Restricted Stock Award continues to be outstanding after the Change of Control of the Company on substantially the same terms and conditions as were applicable immediately prior to the Change of Control of
the Company or (ii) the successor company or its parent company assumes or substitutes for the Restricted Stock Award, as determined in accordance with Section 10(c)(ii) of the Plan. 

Except as otherwise provided in Section 4 hereof, or in the Fifth Amended and Restated Employment Agreement, dated as of July 23,
2012, as amended (the “Employment Agreement”), by and between the Company and the Recipient, there shall be no proportionate or partial vesting of shares of Restricted Stock in or during the months, days or periods
prior to the Vesting Date, and all vesting of shares of Restricted Stock shall occur only on the applicable Vesting Date. 
 The Performance
Targets will be adjusted to reflect any divestitures or dispositions by the Company after the date of this Agreement of any businesses or business lines representing, individually or in the aggregate, greater than $100 million in annualized net
sales. 
 (b) Definitions. For purposes of this Agreement, the following terms shall have the meanings indicated: 

(i) “Adjusted Earnings per Share” means earnings per share calculated in accordance with generally
accepted accounting principles in the United States, with adjustments for reorganization and acquisition-related and other integration costs; manufacturer’s profit in inventory charged to cost of sales, which is the purchase accounting fair
value adjustment to inventory; devaluation and hyperinflationary charges; impairment charges to goodwill, intangibles and other assets; amortization of acquired intangible assets; accelerated depreciation; non-cash write-off of deferred debt issue
costs and original issue discount amortization; and a tax provision adjustment which reflects the normalization of the adjusted results to the Company’s effective tax rate. 

(ii) “Change of Control of the Company” has the meaning assigned thereto in the Employment Agreement
or, if such term is not defined in the Employment Agreement, such term shall mean a “Change in Control” as defined in the Plan. 

(iii) “Non-Vested Shares” means any portion of the Restricted Stock subject to this Agreement that has
not become vested pursuant to this Section 2. 
 (iv) “Vested Shares” means any portion of the
Restricted Stock subject to this Agreement that is and has become vested pursuant to this Section 2. 

  
 3 

 3. Delivery of Restricted Stock. 

(a) Issuance of Stock Certificates and Legends. One or more stock certificates evidencing the Restricted Stock shall be issued
in the name of the Recipient but shall be held and retained by the Company until the date (the “Applicable Date”) on which the shares (or a portion thereof) subject to this Restricted Stock award become Vested Shares pursuant to
Section 2 hereof, subject to the provisions of Section 4 hereof. All such stock certificates shall bear the following legends, along with such other legends that the Board or the Committee shall deem necessary and appropriate or which are
otherwise required or indicated pursuant to any applicable stockholders agreement: 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT
TO SUBSTANTIAL VESTING AND OTHER RESTRICTIONS AS SET FORTH IN THE RESTRICTED STOCK AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH RESTRICTIONS ARE
BINDING ON TRANSFEREES OF THESE SHARES, AND INCLUDE VESTING CONDITIONS WHICH MAY RESULT IN THE COMPLETE FORFEITURE OF THE SHARES. 
 (b)
Stock Powers. The Recipient shall deposit with the Company stock powers or other instruments of transfer or assignment, duly endorsed in blank with signature(s) guaranteed, corresponding to each certificate representing shares of
Restricted Stock until such shares become Vested Shares. If the Recipient shall fail to provide the Company with any such stock power or other instrument of transfer or assignment, the Recipient hereby irrevocably appoints the Secretary of the
Company as his attorney-in-fact, with full power of appointment and substitution, to execute and deliver any such power or other instrument which may be necessary to effectuate the transfer of the Restricted Stock (or assignment of distributions
thereon) on the books and records of the Company. 
 (c) Delivery of Stock Certificates. On or after each Applicable Date,
upon written request to the Company by the Recipient, the Company shall promptly cause a new certificate or certificates to be issued for and with respect to all shares that become Vested Shares on that Applicable Date, which certificate(s) shall be
delivered to the Recipient as soon as administratively practicable after the date of receipt by the Company of the Recipient’s written request. The new certificate or certificates shall continue to bear those legends and endorsements that the
Company shall deem necessary or appropriate (including those relating to restrictions on transferability and/or obligations and restrictions under the Securities Laws). 

(d) Issuance Without Certificates. If the Company is authorized to issue Shares without certificates, then the Company may, in
the discretion of the Committee, issue Shares pursuant to this Agreement without certificates, in which case any references in this Agreement to certificates shall instead refer to whatever evidence may be issued to reflect the Recipient’s
ownership of the Shares subject to the terms and conditions of this Agreement. 

  
 4 

 4. Forfeiture of Non-Vested Shares. If the Recipient’s Continuous Service with the Company and
the Related Entities is terminated for any reason, any Shares of Restricted Stock that are not Vested Shares, and that do not become Vested Shares pursuant to Section 2 hereof or pursuant to the Employment Agreement as a result of such
termination, shall be forfeited immediately upon such termination of Continuous Service and revert back to the Company without any payment to the Recipient. The Committee shall have the power and authority to enforce on behalf of the Company any
rights of the Company under this Agreement in the event of the Recipient’s forfeiture of Non-Vested Shares pursuant to this Section 4. Vested Shares shall not be subject to forfeiture, cancellation or reimbursement. 

5. Rights with Respect to Restricted Stock. 

(a) General. Except as otherwise provided in this Agreement, the Recipient shall have, with respect to all of the shares of
Restricted Stock, whether Vested Shares or Non-Vested Shares, all of the rights of a holder of shares of common stock of the Company, including without limitation (i) the right to vote such Restricted Stock, (ii) the right to receive
dividends, if any, as may be declared on the Restricted Stock from time to time, and (iii) the rights available to all holders of shares of common stock of the Company upon any merger, consolidation, reorganization, liquidation or dissolution,
stock split-up, stock dividend or recapitalization undertaken by the Company; provided, however, that all of such rights shall be subject to the terms, provisions, conditions and restrictions set forth
in this Agreement (including without limitation conditions under which all such rights shall be forfeited). Any Shares or other property issued to the Recipient as a dividend with respect to shares of Restricted Stock shall be subject to
restrictions and a risk of forfeiture to the same extent as the Restricted Stock with respect to which such Shares or other property have been distributed. In addition, notwithstanding any provision to the contrary herein, any cash dividends
declared with respect to shares of Restricted Stock subject to this Agreement shall be held in escrow by the Committee until such time as the shares of Restricted Stock that such cash dividends are attributed to shall become Vested Shares, and in
the event that such shares of Restricted Stock are subsequently forfeited, the cash dividends attributable to such portion shall be forfeited as well. 

(b) Adjustments to Shares. If at any time while this Agreement is in effect (or Shares granted hereunder shall be or remain
unvested while Recipient’s Continuous Service continues and has not yet terminated or ceased for any reason), there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a
stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Board or the Committee shall make any adjustments it deems fair and appropriate, in view of such
change, in the number of shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded. 

(c) No Restrictions on Certain Transactions. Notwithstanding any term or provision of this Agreement to the contrary, the
existence of this Agreement, or of any outstanding Restricted Stock awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or consummate: (i) any or all adjustments, recapitalizations,
reorganizations or other changes in the Company’s capital structure or its business; (ii) any 

  
 5 

 
merger, consolidation or similar transaction by or of the Company; (iii) any offer, issue or sale by the Company of any capital stock of the Company, including any equity or debt securities,
or preferred or preference stock that would rank prior to or on parity with the Restricted Stock and/or that would include, have or possess other rights, benefits and/or preferences superior to those that the Restricted 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; (v) any sale, transfer or assignment of all or any part of the stock, assets or business of the
Company; or (vi) any other corporate transaction, act or proceeding (whether of a similar character or otherwise). 
 6.
Transferability. Unless otherwise determined by the Committee, the shares of Restricted Stock are not transferable unless and until they become Vested Shares in accordance with this Agreement, otherwise than by
will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first
sentence of this Section, any attempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares shall be void ab initio. For purposes of this Agreement, “Transfer” shall mean
any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any
disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. 
 7. Tax Matters; Section 83(b)
Election. 
 (a) Section 83(b) Election. The Recipient may elect, within thirty (30) days of the Date of
Grant, to include in gross income for federal income tax purposes an amount equal to the Fair Market Value (as of the Date of Grant) of the Restricted Stock pursuant to Section 83(b) of the Code (the “Section 83(b) Election”).
If the Recipient properly makes the Section 83(b) Election, the Recipient shall provide a copy of the statement making the Section 83(b) Election to the Company on or before the date on which the statement making the Section 83(b)
Election is filed with the Internal Revenue Service and the Recipient shall make arrangements satisfactory to the Company to pay to the Company any federal, state or local income taxes required to be withheld with respect to the Restricted Stock. If
the Recipient shall fail to make such tax payments as are required, the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise
would be issued to the Recipient under this Agreement) otherwise due to the Recipient any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock. 

(b) No Section 83(b) Election. If the Recipient does not properly make the Section 83(b) Election, the Recipient
shall, no later than the date or dates as of which the restrictions referred to in this Agreement hereof shall lapse, pay to the Company, or make arrangements satisfactory to the Committee for payment of, any federal, state or local taxes of any
kind required by law to be withheld with respect to the Restricted Stock (including without limitation the vesting thereof), and the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including
without limitation, the withholding of any Shares that otherwise would be distributed to the Recipient under this Agreement) otherwise due to Recipient any federal, state, or local taxes of any kind required by law to be withheld with respect to the
Restricted Stock. 

  
 6 

 (c) Satisfaction of Withholding Requirements. The Recipient may satisfy the
withholding requirements with respect to the Restricted Stock pursuant to any one or combination of the following methods: 
 (i) payment
in cash; or 
 (ii) payment by surrendering unrestricted previously held Shares which have a value equal to the required withholding amount
or the withholding of Shares that otherwise would be deliverable to the Recipient pursuant to this Award. The Recipient may surrender Shares either by attestation or by delivery of a certificate or certificates for shares duly endorsed for transfer
to the Company, and if required with medallion level signature guarantee by a member firm of a national stock exchange, by a national or state bank (or guaranteed or notarized in such other manner as the Committee may require). 

(d) Recipient’s Responsibilities for Tax Consequences. Tax consequences on the Recipient (including
without limitation federal, state, local and foreign income tax consequences) with respect to the Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient. The
Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, and the Recipient’s filing, withholding and payment (or tax liability) obligations.

 8. Amendment, Modification & Assignment. This Agreement may only be modified or amended in a writing signed by the parties hereto.
No promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject matter hereof, have been made by either party which are
not set forth expressly in this Agreement. Unless otherwise consented to in writing by the Company, in its sole discretion, this Agreement (and Recipient’s rights hereunder) may not be assigned, and the obligations of Recipient hereunder may
not be delegated, in whole or in part. The Company may assign any of its rights under this Agreement. The rights and obligations created hereunder shall be binding on the Recipient and his heirs and legal representatives and on the successors and
assigns of the Company. 
 9. Complete Agreement. This Agreement (together with those agreements and documents expressly
referred to herein, for the purposes referred to herein) embody the complete and entire agreement and understanding between the parties with respect to the subject matter hereof, and supersede any and all prior promises, assurances, commitments,
agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, which may relate to the subject matter hereof in any way. 

  
 7 

 10. Miscellaneous. 

(a) No Right to (Continued) Employment or Service. This Agreement and the grant of Restricted Stock
hereunder shall not confer, or be construed to confer, upon the Recipient any right to employment or service, or continued employment or service, with the Company or any Related Entity. 

(b) No Limit on Other Compensation Arrangements. Nothing contained in this Agreement shall preclude the
Company or any Related Entity from adopting or continuing in effect other or additional compensation plans, agreements or arrangements, and any such plans, agreements and arrangements may be either generally applicable or applicable only in specific
cases or to specific persons. 
 (c) Severability. If any term or provision of this Agreement is or
becomes or is deemed to be invalid, illegal or unenforceable in any jurisdiction or under any applicable law, rule or regulation, then such provision shall be construed or deemed amended to conform to applicable law (or if such provision cannot be
so construed or deemed amended without materially altering the purpose or intent of this Agreement and the grant of Restricted Stock hereunder, such provision shall be stricken as to such jurisdiction and the remainder of this Agreement and the
award hereunder shall remain in full force and effect). 
 (d) No Trust or Fund Created. Neither this
Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the
extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.

 (e) Law Governing. This Agreement shall be governed by and construed and enforced in accordance with
the internal laws of the State of Delaware (without reference to the conflict of laws rules or principles thereof). 
 (f)
Interpretation. The Recipient accepts the Restricted Stock subject to all of the terms, provisions and restrictions of this Agreement and the Plan. The undersigned Recipient hereby accepts as binding, conclusive
and final all decisions or interpretations of the Board or the Committee upon any questions arising under this Agreement or the Plan. 
 (g)
Headings. Section, paragraph and other headings and captions are provided solely as a convenience to facilitate reference. Such headings and captions shall not be deemed in any way material or relevant to the
construction, meaning or interpretation of this Agreement or any term or provision hereof. 
 (h)
Notices. Any notice under this Agreement shall be in writing and shall be deemed to have been duly given when delivered personally or when deposited in the United States mail, registered, postage prepaid, and addressed,
in the case of the Company, to the Company’s Secretary at 2381 NW Executive Center Drive, Boca Raton, Florida 33431, or if the Company should move its principal office, to such principal office, and, in the case of the

  
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Recipient, to the Recipient’s last permanent address as shown on the Company’s records, subject to the right of either party to designate some other address at any time hereafter in a
notice satisfying the requirements of this Section. 
 (i) Non-Waiver of Breach. The waiver by any party
hereto of the other party’s prompt and complete performance, or breach or violation, of any term or provision of this Agreement shall be effected solely in a writing signed by such party, and shall not operate nor be construed as a waiver of
any subsequent breach or violation, and the waiver by any party hereto to exercise any right or remedy which he or it may possess shall not operate nor be construed as the waiver of such right or remedy by such party, or as a bar to the exercise of
such right or remedy by such party, upon the occurrence of any subsequent breach or violation. 
 (j)
Counterparts. This Agreement may be executed in two or more separate counterparts, each of which shall be an original, and all of which together shall constitute one and the same agreement. 

11. Restrictions on Transfer of Vested Shares. 

(a) Notwithstanding anything to the contrary herein or in the Employment Agreement, in exchange for the award set forth in Section 1
above, the Recipient agrees that during the term of the Recipient’s employment with the Company the Recipient will not, without the prior written consent of the Company, offer, sell, transfer, contract to sell, or otherwise dispose of (or enter
into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Recipient or any person in privity
with the Recipient), directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), and the rules and regulations of the Securities and Exchange Commission promulgated thereunder, with respect to any shares of Vested Stock, or publicly announce an intention to effect any such transaction, for a
period of two (2) years after the date on which such shares become Vested Shares, except to satisfy tax withholding or as otherwise permitted by paragraph (b) below. 

(b) The restrictions on transfer of Vested Stock in paragraph (a) above shall not apply to the transfer of any shares of Vested Stock
either during the Recipient’s lifetime or on death, by gift, will or intestate succession, to an immediate family of the Recipient or to transfers to a trust the beneficiaries of which are exclusively the Recipient and/or a member or members of
the Recipient’s immediate family; provided, however, that in any transfer pursuant to this clause it shall be a condition to such transfer that (i) the transferee executes and delivers to the Company an agreement in form
satisfactory to the Company in its sole discretion stating that the transferee is receiving and holding the Vested Stock subject to the provisions of this Agreement, and there shall be no further transfer of such Vested Stock except in accordance
with this Agreement, (ii) no filing by any party (donor, donee, transferor or transferee) under the Exchange Act, shall be required or shall be voluntarily made in connection with such transfer or distribution (other than a filing on a Form 5,
Schedule 13D or Schedule 13G (or 13D-A or 13G-A) made after the expiration of the three-year period referred to in paragraph (a) above) and (iii) each party (donor, donee, transferor or transferee) shall not be required by law (including
without limitation the 

  
 9 

 
disclosure requirements of the Securities Act of 1933, as amended (the “Securities Act”), and the Exchange Act) to make, and shall agree not to make voluntarily, any public
announcement of the transfer or disposition. 
 (c) The Recipient further agrees that any subsequent resale or distribution of the Vested
Stock by the Executive shall be made only in accordance with the Securities Act, the Exchange Act, and any other applicable law. 
 (d) The
restrictions on transfer of Vested Stock in paragraphs (a) and (b) of this Section 11 shall lapse upon the first to occur of (i) a termination of the Recipient’s employment with the Company, (ii) a Change of Control of
the Company and/or (iii) a tender for all of the Company’s issued and outstanding shares of Common Stock. 

  
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 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have
executed this Agreement as of the date first written above. 
  

			
	JARDEN CORPORATION:
		
	By:	 	 /s/ Ian G.H. Ashken

	Name:	 	Ian G.H. Ashken
	Title:	 	Vice Chairman and Chief Financial
		 	Officer

 Agreed and Accepted: 

RECIPIENT: 
  

			
	By:	 	 /s/ Martin E. Franklin

		 	Martin E. Franklin

  
 11

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