Document:

Amended and Restated Empl Agr. by and b/w Blount Intl, Inc. and Cyrille Benoit M

 Exhibit 10(o) 
 AMENDED AND RESTATED 
 EMPLOYMENT AGREEMENT 

THIS AMENDED AND RESTATED AGREEMENT is made and entered into as of this 30th day of December, 2010, by and between BLOUNT INTERNATIONAL,
INC., a Delaware corporation (the “Company”), and CYRILLE BENOIT MICHEL (“Executive”). 
 W I T N E S S E
T H: 
 WHEREAS, the Company and Executive entered into an Amended and Restated Employment Agreement, June 1, 1999,
which Agreement has previously been amended (such Agreement as amended is hereinafter referred to as the “Prior Employment Agreement”); and 
 WHEREAS, the parties now desire to amend the Prior Employment Agreement in a number of respects and to restate such Agreement as hereinafter provided; and 

WHEREAS, Executive desires to continue his employment with the Company on the terms and conditions provided herein; 

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, the parties hereby agree as
follows: 
 1. Employment and Term. 
 (a) Subject to the terms and conditions of this Agreement, the Company hereby employs Executive, and Executive hereby accepts employment, as Senior Vice President – Sales and Customer Support of the
Company and shall have such responsibilities, duties and authority as may from time to time be assigned to Executive by the Chief Executive Officer (or his designee). Executive hereby agrees that during the Term of this Agreement he will devote

 
substantially all his working time, attention and energies to the diligent performance of his duties for the Company. With the consent of the Chief Executive Officer (or his designee), the
Executive may serve as a director on the board of directors or trustees of an additional company or educational organization. 

(b) Unless earlier terminated as provided herein, Executive’s employment under this Agreement shall be for a rolling, two-year term
(the “Term”) commencing on December 31, 2010 (the “Effective Time”), and shall be deemed to extend automatically, without further action by either the Company or Executive, each day for an additional day, such that the
remaining term of the Agreement shall continue to be two years; provided, however, that either party may, by written notice to the other, cause this Agreement to cease to extend automatically and, upon such notice, the “Term” of this
Agreement shall be the two-year period following the date of such notice and this Agreement shall terminate upon the expiration of such Term. 
 2. Compensation and Benefits. As compensation for Executive’s services during the Term of this Agreement, Executive shall be paid and receive the compensation and benefits set forth in
subsections (a) through (e) below: 
 (a) An annual base salary (“Base Salary”) of Two Hundred Seventy-Five
Thousand Dollars ($275,000), prorated for any partial year of employment. Executive’s Base Salary shall be subject to annual review at such time as the Company conducts salary reviews for its executives generally. Executive’s Base Salary
shall be payable in substantially equal installments on a bi-monthly basis, or in accordance with the Company’s regular payroll practices in effect from time to time for executives of the Company. 

  
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 (b) Executive shall be eligible to participate in the Executive Management Annual Incentive
Program (“Incentive Program”) and such other annual incentive plans as may be established by the Company from time to time for individuals at Executive’s level. The Company will establish individual and financial performance goals
each year under the Incentive Program, and Executive’s annual Target Bonus shall be 40% of Base Salary. The annual incentive bonus payable under this subsection (b) shall be payable in accordance with the provisions of the Incentive
Program at the same time bonuses are paid to other executives, unless Executive elects to defer all or a portion of such bonus pursuant to any deferral plan established by the Company for such purpose. 

(c) Executive was eligible to participate in the Blount, Inc. and Subsidiaries Supplemental Retirement Benefit Plan (“SERP”).
Executive acknowledges that the SERP was frozen effective as of December 31, 2006. 
 (d) Executive shall be entitled to
participate in, or receive benefits under, any “employee benefit plan” (as defined in Section 3(3) of ERISA) or employee benefit arrangement made generally available by the Company to its executives, including plans providing
retirement, 401(k) benefits (including the Savings Plus Benefit and the Blount Supplemental Retirement Savings Plan), health care (including Exec-U-Care), life insurance, disability and similar benefits. 

(e) Executive is eligible for vacation in accordance with the Company’s standard vacation policy. Executive will be provided an
annual physical examination. Executive will be promptly reimbursed by the Company for all reasonable business expenses Executive incurs and properly reports in carrying out Executive’s duties and responsibilities under this Agreement. Executive
will be paid a tax gross-up amount by the Company to cover any additional federal, state or local income taxes he incurs as a result of being required to include in income the amount of the costs for personal usage of Company assets. 

  
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 3. Termination. 

3.1 By Company. The Company shall have the right to terminate Executive’s employment under this Agreement at any time during
the Term by Notice of Termination (as described in Section 6). If the Company terminates Executive’s employment under this Agreement (i) for Cause, as defined in Section 5.2, (ii) if Executive becomes Disabled, or
(iii) upon Executive’s death, the Company’s obligations under this Agreement shall cease as of the date of termination; provided, however, that Executive will be entitled to whatever benefits are payable to Executive pursuant to the
terms of any health, life insurance, disability, welfare, retirement or other plan or program maintained by the Company in which Executive participates. If the Company terminates Executive during the Term of this Agreement other than pursuant to
clauses (i) through (iii) of this Section 3.1, Executive shall be entitled to receive the compensation and benefits provided in subsections (a) through (c) below. Unless specified otherwise, the time periods in subsections
(a) through (c) below shall be the 12-month period commencing on Executive’s Date of Termination (such time period is hereinafter referred to as the “Severance Period”). Except as otherwise provided herein, the Company
agrees that if Executive’s employment is terminated and he is entitled to compensation and benefits under this Section 3.1, he shall not be required to mitigate damages by seeking other employment, nor shall any compensation or benefits he
receives reduce the amount payable by the Company hereunder. Executive agrees that the compensation and benefits provided pursuant to Sections 3.1 

  
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 and 3.2 shall be the only severance benefits payable to Executive by the Company and its affiliates as a
result of Executive’s termination of employment and Executive hereby waives his rights (if any) to any severance benefits under any other plan or program of the Company and its affiliates. The compensation and benefits payable or to be provided
under subsections (a) through (c) below shall cease in the event of Executive’s death after termination of employment. 
 (a) Base Salary - Executive will continue to receive his Base Salary as then in effect (subject to withholding of all applicable taxes) for the Severance Period in the same manner as it was being
paid as of the date of termination; provided, however, that the salary payments provided for hereunder shall be paid in a single lump sum payment, to be paid not later than 30 days after his termination of employment; provided, further, that the
amount of such lump sum payment shall be determined by taking the salary payments to be made and discounting them to their Present Value (as defined in Section 5.9) on the date Executive’s employment under this Agreement is terminated.

 (b) Bonuses and Incentives - Executive shall receive bonus payments from the Company for each month of the Severance
Period in an amount for each such month equal to one-twelfth of the average of the bonuses (“Average Bonus”) earned by him for the two fiscal years in which bonuses were paid (ignoring any fiscal year in which a bonus was not paid)
immediately preceding the fiscal year in which such termination occurs (including, if applicable, any completed fiscal year for which the bonus has been earned but has not yet been paid). Any bonus amounts that Executive had previously earned from
the Company but which may not yet have been paid as of the date of termination shall be payable on the date such amounts are payable to other executives and Executive’s termination shall not affect the payment of such

  
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bonus. Executive shall also receive a prorated bonus for any uncompleted fiscal year at the Date of Termination calculated based upon the Average Bonus and the number of days that he was employed
during such fiscal year compared to 365. The bonus amounts determined herein shall be paid in a single lump sum payment, to be paid not later than 30 days after termination of employment; provided, that the amount of such lump sum payment
representing the monthly bonus payments shall be determined by taking the monthly bonus payments to be made and discounting them to their Present Value on the date Executive’s employment under this Agreement is terminated. 

(c) Health and Life Insurance Coverages - The health (including Exec-U-Care) and group term life insurance benefits coverage
provided to Executive at his Date of Termination shall be continued for the Severance Period at the same level and in the same manner as then provided to actively employed executive participants as if his employment under this Agreement had not
terminated. Any additional coverages Executive had at termination, including dependent coverage, will also be continued for such period on the same terms, to the extent permitted by the applicable policies or contracts. Any costs Executive was
paying for such coverages at the time of termination shall be paid by Executive by separate check payable to the Company each month in advance. If the terms of the life insurance coverage referred to in this subsection (c), or the laws applicable to
such life insurance coverage, do not permit continued participation by Executive, then the Company will arrange for other life insurance coverage at its expense providing substantially similar benefits. 

  
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 If the terms of the healthcare benefits program referred to in this subsection (c) do
not permit continued participation by Executive as required by this subsection or if the healthcare benefits to be provided to Executive and his dependents pursuant to this subsection (c) cannot be provided in a manner such that the benefit
payments will continue to be tax-free to Executive and his dependents, then the Company shall (i) pay to Executive within five (5) days after Executive’s date of termination a lump sum amount equal to the monthly rate for COBRA
coverage at Executive’s termination date that is then being paid by former active employees for the level of coverage that applies to Executive and his dependents, minus the amount active employees are then paying for such coverage, multiplied
by the number of months in the Severance Period (plus a tax gross-up on such lump sum amount determined under this subsection (c)), and (ii) permit Executive and his dependents to elect to participate in the healthcare plan for the length of
the Severance Period upon payment of the applicable rate for COBRA coverage during the Severance Period 
 (d) Effect of Lump
Sum Payment. The lump sum payments under subsections (a) and (b) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in subsection (c). Benefits under such plans shall be determined as
if Executive had received such payments monthly over the Severance Period. The lump sum payments under subsections (a), (b), and (c) above are separate payments and are intended to satisfy the “short-term deferral exception” of
Section 409A of the Code; provided that, if such exception does not apply, the provisions of Section 3.4, including the provisions relating to the delay in payments to “key employees”, shall apply. 

(e) Stock Options and Other Equity Awards. As of Executive’s Date of Termination, any outstanding stock options and other
equity awards granted to Executive by the Company shall be become vested and exercisable as provided in the agreements for such stock options and equity awards. 

  
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 3.2 By Executive. Executive shall have the right to terminate his employment
hereunder at any time by Notice of Termination (as described in Section 6). If Executive terminates his employment other than for Good Reason, the Company’s obligations under this Agreement shall cease as of the date of such termination.
If Executive terminates his employment for Good Reason (as defined in Section 5.7), Executive shall be entitled to receive the compensation and benefits set forth in subsections (a) through (c) of Section 3.1 for the Severance
Period, subject to the other provisions of such section. 
 3.3 Release of Claims. To be entitled to any of the
compensation and benefits described above in this Section 3, Executive shall sign a release of claims in the form required by the Company. No payments shall be made under this Section 3 until such release has been properly executed and
delivered to the Company and until the expiration of the revocation period, if any, provided under the release. If the release is not properly executed by Executive and delivered to the Company within the reasonable time periods specified in the
release, the Company’s obligations under this Section 3 will terminate. 
 3.4 Sale of Business. If all or
substantially all of the assets of the business unit for which Executive works are sold by the Company and Executive receives a bona fide offer of employment from the purchaser of such assets for a position and with compensation and benefits
comparable to those Executive then has with the Company, Executive shall not, as a result of such transaction, be entitled to compensation and benefits under this Section 3 arising from his termination of employment with the Company, nor shall
Executive be entitled to terminate his employment for Good Reason. If Executive does not receive such a bona fide offer of employment from the purchaser, then the other provisions of this Section 3 shall apply. 

  
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 3.5 Section 409A Compliance. This Agreement shall at all times be interpreted
and operated in good faith compliance in accordance with the requirements of Section 409A. Any action that may be taken (and, to the extent possible, any action actually taken) by the Company shall not be taken (or shall be void and without
effect), if such action violates the requirements of Section 409A. Any provision in this Agreement that is determined to violate the requirements of Section 409A shall be void and without effect. In addition, any provision that is required
to appear in this Agreement in accordance with Section 409A that is not expressly set forth herein shall be deemed to be set forth herein, and the Agreement shall be administered in all respects as if such provision were expressly set forth.
The Company shall have the authority to delay the commencement of all or a part of the payments to Executive under Sections 3.1 or 3.2 if Executive is a “key employee” of the Company (as determined by the Company in accordance with
procedures established by the Company that are consistent with Section 409A) to a date which is six months after the date of Executive’s termination of employment (and on such date the payments that would otherwise have been made during
such six-month period shall be made), but only to the extent such delay is required under the provisions of Section 409A to avoid imposition of additional income and other taxes, provided that the Company and Executive agree to take into
account any transitional rules and exemption rules available under Section 409A. 

  
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 3.6 Limitation on Benefits Upon Termination. 

(a) Notwithstanding anything in this Agreement to the contrary, any benefits payable or to be provided to Executive by the Company or its
affiliates, whether pursuant to this Agreement or otherwise, which are treated as Severance Payments shall be modified or reduced in the manner provided in (b) below to the extent necessary so that the benefits payable or to be provided to
Executive under this Agreement that are treated as Severance Payments, as well as any payments or benefits provided outside of this Agreement that are so treated, shall not cause the Company to have paid an Excess Severance Payment. In computing
such amount, the parties shall take into account all provisions of Code Section 280G, and the regulations thereunder, including making appropriate adjustments to such calculation for amounts established to be Reasonable Compensation.

 (b) In the event that the amount of any Severance Payments which would be payable to or for the benefit of Executive under
this Agreement must be modified or reduced to comply with this Section 3.6, Executive shall direct which Severance Payments are to be modified or reduced; provided, however, that no increase in the amount of any payment or change in the timing
of the payment shall be made without the consent of the Company. 
 (c) This Section 3.6 shall be interpreted so as to
avoid the imposition of excise taxes on Executive under Section 4999 of the Code or the disallowance of a deduction to the Company pursuant to Section 280G(a) of the Code with respect to amounts payable under this Agreement or otherwise.
Notwithstanding the foregoing, in no event will any of the provisions of this Section 3.6 create, without the consent of Executive, an obligation on the part of Executive to refund any amount to the Company following payment of such amount.

  
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 (d) In addition to the limits otherwise provided in this Section 3.6, to the extent
permitted by law, Executive may in his sole discretion elect to reduce any payments he may be eligible to receive under this Agreement to prevent the imposition of excise taxes on Executive under Section 4999 of the Code. 

(e) For purposes of this Section 3.6, the following definitions shall apply: 

(i) “Excess Severance Payment” - The term “Excess Severance Payment” shall have the same meaning as the term
“excess parachute payment” defined in Section 280G(b)(1) of the Code. 
 (ii) “Severance
Payment” - The term “Severance Payment” shall have the same meaning as the term “parachute payment” defined in Section 280G(b)(2) of the Code. 

(iii) “Reasonable Compensation” - The term “Reasonable Compensation” shall have the same meaning as provided
in Section 280G(b)(4) of the Code. The parties acknowledge and agree that, in the absence of a change in existing legal authorities or the issuance of contrary authorities, amounts received by Executive as damages under or as a result of a
breach of this Agreement shall be considered Reasonable Compensation. 
 4. Confidentiality and Noncompetition.

 (a) Executive acknowledges that, prior to and during the Term of this Agreement, the Company has furnished and will furnish to
Executive Confidential Information which could be used by Executive on behalf of a competitor of the Company to the Company’s 

  
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substantial detriment. Moreover, the parties recognize that Executive during the course of his employment with the Company may develop important relationships with customers and others having
valuable business relationships with the Company. In view of the foregoing, Executive acknowledges and agrees that the restrictive covenants contained in this Section are reasonably necessary to protect the Company’s legitimate business
interests and good will. 
 (b) Executive agrees that he shall protect the Company’s Confidential Information and shall not
disclose to any Person, or otherwise use, except in connection with his duties performed in accordance with this Agreement, any Confidential Information at any time, including following the termination of his employment with the Company for any
reason; provided, however, that Executive may make disclosures required by a valid order or subpoena issued by a court or administrative agency of competent jurisdiction, in which event Executive will promptly notify the Company of such order or
subpoena to provide the Company an opportunity to protect its interests. Executive’s obligations under this Section 4(b) shall survive any expiration or termination of this Agreement for any reason, provided that Executive may after such
expiration or termination disclose Confidential Information with the prior written consent of the Board. 
 (c) Upon the
termination or expiration of his employment hereunder, Executive agrees to deliver promptly to the Company all Company files, customer lists, management reports, memoranda, research, Company forms, financial data and reports and other documents
supplied to or created by him in connection with his employment hereunder (including all copies of the foregoing) in his possession or control, and all of the Company’s equipment and other materials in his possession or control.
Executive’s obligations under this Section 4(c) shall survive any expiration or termination of this Agreement. 

  
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 (d) Upon the termination or expiration of his employment under this Agreement, Executive
agrees that for a period of one (1) year from his Date of Termination or until the end of the period for which he is entitled to receive compensation under Section 3.1 or 3.2 above, whichever is longer, he shall not (i) be employed by
or provide services to any company or business engaged in the design, manufacture, marketing or sale of any products similar to those produced or offered by the Company or its affiliates in the area of North America,provided that this noncompetition
restriction shall in no event extend longer than two years from Executive’s Date of Termination, (ii) divert or attempt to divert any person, concern or entity which is furnished products or services by the Company from doing business with
the Company or otherwise change its relationship with the Company, or (iii) solicit, lure or attempt to hire away any of the employees of the Company with whom the Executive interacted directly or indirectly while employed with the Company.

 (e) Executive acknowledges that if he breaches or threatens to breach this Section 4, his actions may cause irreparable
harm and damage to the Company which could not be compensated in damages. Accordingly, if Executive breaches or threatens to breach this Section 4, the Company shall be entitled to seek injunctive relief, in addition to any other rights or
remedies of the Company. The existence of any claim or cause of action by Executive against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of Executive’s
agreement under this Section 4(e). 

  
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 5. Definitions. For purposes of this Agreement the following terms shall have the
meanings specified below: 
 5.1 “Board” or “Board of Directors”. The Board of Directors of Blount
International, Inc. 
 5.2 “Cause”. The involuntary termination of Executive by the Company for the following
reasons shall constitute a termination for Cause: 
 (a) If the termination shall have been the result of an act or acts by
Executive which have been found in an applicable court of law to constitute a felony; 
 (b) If the termination shall have been
the result of an act or acts by Executive which are in the good faith judgment of the Chief Executive Officer (or his designee) to be in violation of law or of policies of the Company and which result in material damage to the Company; 

(c) If the termination shall have been the result of an act or acts of proven dishonesty by Executive resulting or intended to result
directly or indirectly in significant gain or personal enrichment to the Executive at the expense of the Company; or 
 (d) Upon
the willful and continued failure by the Executive substantially to perform his duties with the Company (other than any such failure resulting from incapacity due to mental or physical illness not constituting a Disability, as defined herein), after
a demand in writing for substantial performance is delivered by the Chief Executive Officer (or his designee), which demand specifically identifies the manner in which the Chief Executive Officer (or his designee) believes that Executive has not
substantially performed his duties. 

  
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 With respect to clauses (b), (c) or (d) above of this Section, Executive shall not
be deemed to have been involuntarily terminated for Cause unless and until a notice is delivered to Executive by the Chief Executive Officer (or his designee) setting forth (i) the conduct deemed to qualify as Cause, (ii) reasonable action
that would remedy such objectionable conduct, and (iii) a reasonable time (not less than thirty days) within which Executive may take such remedial action, and Executive shall not have taken such specified remedial action within such specified
reasonable time. For purposes of this Agreement, no act or failure to act by Executive shall be deemed to be “willful” unless done or omitted to be done by Executive not in good faith and without reasonable belief that Executive’s
action or omission was in the best interests of the Company. 
 5.3 “Change in Control”. For purposes of this
Agreement, Change in Control shall mean (a) the acquisition, directly or indirectly, by any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act, as amended), of securities of Blount International, Inc.
representing an aggregate of more than 50% of the combined voting power of Blount International, Inc.’s then outstanding securities (excluding acquisitions by persons who acquire such amount through inheritance); (b) during any period of
two consecutive years, individuals who at the beginning of such period constitute the Board, cease for any reason to constitute at least a majority thereof, unless the election of each new director was approved in advance by a vote of at least a
majority of the directors then still in office who were directors at the beginning of the period; (c) consummation of (i) a merger, consolidation or other business combination of Blount International, Inc. with any other “person”
(as such term is used in Sections 13(d) and 14(d) of Exchange Act) or affiliate thereof, other than a merger, consolidation or business 

  
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combination which would result in the outstanding common stock of Blount International, Inc. immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into common stock of the surviving entity or a parent or affiliate thereof) more than 50% of the outstanding common stock of Blount International, Inc. or such surviving entity or parent or affiliate thereof, outstanding immediately after
such merger, consolidation or business combination, or (ii) a plan of complete liquidation of Blount International, Inc. or an agreement for the sale or disposition by Blount International, Inc. of all or substantially all of Blount
International, Inc.’s assets; or (d) a sale of more than 50% of the assets of Blount International, Inc. 
 5.4
“Code”. The Internal Revenue Code of 1986, as it may be amended from time to time. 
 5.5 “Confidential
Information”. All technical, business, and other information relating to the business of the Company or its subsidiaries or affiliates, including, without limitation, technical or nontechnical data, formulae, compilations, programs,
devices, methods, techniques, processes, financial data, financial plans, product plans, and lists of actual or potential customers or suppliers, which (i) derives economic value, actual or potential, from not being generally known to, and not
being readily ascertainable by proper means by, other Persons, and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy or confidentiality. Such information and compilations of information shall be
contractually subject to protection under this Agreement whether or not such information constitutes a trade secret and is separately protectable at law or in equity as a trade secret. Confidential Information does not include confidential business
information which does not constitute a trade secret under applicable law two years after any expiration or termination of this Agreement. 

  
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 5.6 “Disability” or “Disabled”. Executive’s inability
as a result of physical or mental incapacity to substantially perform Executive’s duties for the Company on a full-time basis for a period of six (6) consecutive months. 

5.7 “Good Reason”. A “Good Reason” for termination by Executive of Executive’s employment shall mean the
occurrence during the Term (without the Executive’s express written consent) of any one of the acts by the Company, or failures by the Company to act, set forth in (a) through (e) below, and satisfaction of the following conditions:
(i) Executive provides notice to the Company of such Good Reason condition within 90 days of its initial existence, (ii) the Company is given 30 days to remedy the Good Reason condition and fails to do so, and (iii) Executive
terminates employment within one year of the initial existence of the Good Reason condition. For purposes of this Agreement, the Good Reason conditions are as follows: 
 (a) a material adverse change in the nature or status of Executive’s job responsibilities from those set forth in Section 1(a); 

(b) a material reduction by the Company in Executive’s Base Salary as in effect on the date hereof or as the same may be increased
from time to time, except in connection with an across-the-board pay reduction for executives of similar status; 
 (c) a
material reduction by the Company in the compensation and benefits provided in the aggregate to Executive on the date hereof under the Company’s 401(k), deferred compensation, incentive compensation, life insurance, healthcare and accident or
disability plans, or the taking of any action by the Company which would directly or indirectly materially reduce any of such compensation or benefits, except in connection with an across-the-board reduction that impacts executives at
Executive’s level generally; 

  
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 (d) the failure by the Company to obtain a successor’s consent to be bound by the
Agreement as provided in Section 8.1; or 
 (e) any purported termination of Executive’s employment which is not
effected pursuant to a Notice of Termination satisfying the requirements of Section 6 (for purposes of this Agreement, no such purported termination shall be effective). 
 The Executive’s right to terminate the Executive’s employment for Good Reason shall not be affected by the Executive’s incapacity due to physical or mental illness. Unless otherwise agreed
to by Executive, the Executive’s continued employment shall not constitute consent to, or a waiver of rights with respect to, any act or failure to act constituting Good Reason hereunder. 

5.8 “Person”. Any individual, corporation, bank, partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or other entity. 
 5.9 “Present Value”. The term “Present Value” on any
particular date shall have the same meaning as provided in 
 Section 280G(d)(4) of the Code. 

6. Termination Procedures. During the Term of this Agreement, any purported termination of Executive’s employment (other than
by reason of death) shall be communicated by written Notice of Termination from one party hereto to the other party hereto in accordance with Section 10. A Notice of Termination for Cause is required to include the information set forth in
Section 5.2. “Date of Termination,” with respect to any purported termination of 

  
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Executive’s employment during the Term of this Agreement, shall mean (i) if Executive’s employment is terminated by his death, the date of his death, (ii) if Executive’s
employment is terminated for Disability, thirty (30) days after Notice of Termination is given (provided that Executive shall not have returned to the full-time performance of Executive’s duties during such thirty (30) day period),
and (iii) if Executive’s employment is terminated for any other reason, the date specified in the Notice of Termination (which, in the case of a termination by the Company, shall not be less than thirty (30) days, except in the case
of a termination for Cause; and in the case of a termination by the Executive, shall not be less than thirty (30) days nor more than sixty (60) days, respectively, from the date such Notice of Termination is given). 

7. Contract Non-Assignable. The parties acknowledge that this Agreement has been entered into due to, among other things, the
special skills of Executive, and agree that this Agreement may not be assigned or transferred by Executive, in whole or in part, without the prior written consent of the Company. 

8. Successors; Binding Agreement. 
 8.1 In addition to any obligations imposed by law upon any successor to, or transferor of, the Company, the Company will require any successor to, or transferor of, all or substantially all of the
business and/or assets of the Company or stock of the Company (whether direct or indirect, by purchase, merger, reorganization, liquidation, consolidation or otherwise) to expressly assume and agree to perform this Agreement, in the same manner and
to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such succession shall be a breach of this
Agreement and shall constitute the basis for Executive to terminate the Executive’s employment for Good Reason during the 90-day period after such succession and to receive the compensation and benefits provided in Section 3.1 above.

  
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 8.2 This Agreement shall inure to the benefit of and be enforceable by Executive’s
personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees and by the Company’s successors and assigns. If Executive shall die while any amount would still be payable to Executive
hereunder (other than amounts which, by their terms, terminate upon the death of Executive) if Executive had continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the
executors, personal representatives or administrators of Executive’s estate. 
 9. Other Agents. Nothing in this
Agreement is to be interpreted as limiting the Company from employing other personnel on such terms and conditions as may be satisfactory to the Company. 
 10. Notices. All notices, requests, demands and other communications required or permitted hereunder shall be in writing and shall be deemed to have been duly given if delivered or seven days after
mailing if mailed, first class, certified mail, postage prepaid: 
  

			
	 To the Company:
	    	 Blount International, Inc.

		    	 P.O. Box 22127

		    	 Portland, Oregon 97269-2127

		    	 ATTN: Chief Executive Officer

		
		    	 With a copy to: General Counsel

		    	 Blount International, Inc.

		    	 P.O. Box 22127

		    	 Portland, Oregon 97269-2127

		
	 To the Executive:
	    	 Cyrille Benoit Michel

		    	 [Address Removed]

  
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 Any party may change the address to which notices, requests, demands and other communications shall be
delivered or mailed by giving notice thereof to the other party in the same manner provided herein. 
 11. Provisions
Severable. If any provision or covenant, or any part thereof, of this Agreement should be held by any court to be invalid, illegal or unenforceable, either in whole or in part, such invalidity, illegality or unenforceability shall not affect the
validity, legality or enforceability of the remaining provisions or covenants, or any part thereof, of this Agreement, all of which shall remain in full force and effect. 
 12. Waiver. Failure of either party to insist, in one or more instances, on performance by the other in strict accordance with the terms and conditions of this Agreement shall not be deemed a
waiver or relinquishment of any right granted in this Agreement or the future performance of any such term or condition or of any other term or condition of this Agreement, unless such waiver is contained in a writing signed by the party making the
waiver. 
 13. Indemnification. During the Term of this Agreement and after Executive’s termination, the Company
shall indemnify Executive and hold Executive harmless from and against any claim, loss or cause of action arising from or out of Executive’s performance as an officer, director or employee of the Company or any of its subsidiaries or other
affiliates or in any other capacity, including any fiduciary capacity, in which Executive serves at the 

  
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Company’s request, in each case to the maximum extent permitted by law and under the Company’s Articles of Incorporation and By-Laws (the “Governing Documents”), provided that
in no event shall the protection afforded to Executive hereunder be less than that afforded under the Governing Documents as in effect on the date of this Agreement except for changes mandated by law. During the Term and after Executive’s
termination, Executive shall be covered in accordance with the terms of any policy of directors and officers liability insurance maintained by the Company for the benefit of its officers and directors. 

14. Amendments and Modifications. This Agreement may be amended or modified only by a writing signed by both parties hereto.

 15. Governing Law. The validity and effect of this Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware. 
 16. Arbitration of Disputes; Expenses. All claims by Executive for
compensation and benefits under this Agreement shall be directed to and determined by the Board and shall be in writing. Any denial by the Board of a claim for benefits under this Agreement shall be delivered to Executive in writing and shall set
forth the specific reasons for the denial and the specific provisions of this Agreement relied upon. The Board shall afford a reasonable opportunity to Executive for a review of a decision denying a claim and shall further allow Executive to appeal
to the Board a decision of the Board within sixty (60) days after notification by the Board that Executive’s claim has been denied. Unless prohibited by applicable law, any further dispute or controversy arising under or in connection with
this Agreement shall be settled exclusively by arbitration in a location selected at the discretion of the Company (which shall not be unreasonable, taking into account the business location at which Executive is employed), and

  
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shall proceed in accordance with the employment arbitration rules of the American Arbitration Association then in effect. To the extent administratively practical, the Company and Executive agree
to select an arbitrator who is an attorney with experience in employment law disputes. Judgment may be entered on the arbitrator’s award in any court having jurisdiction. In the event the Executive incurs legal fees and other expenses in
seeking to obtain or to enforce any rights or benefits provided by this Agreement and is successful, in whole or in part, in obtaining or enforcing any material rights or benefits through settlement, arbitration or otherwise, the Company shall
promptly pay a portion, which reflects the extent to which Executive has been successful in enforcing such material rights or benefits, of Executive’s reasonable legal fees and expenses incurred in enforcing this Agreement and the fees of the
arbitrator. Except to the extent provided in the preceding sentence, each party shall pay its own legal fees and other expenses associated with any dispute. Notwithstanding the other provisions of this Section 16, any legal fees and expenses
payable to Executive pursuant to this Section 16 shall be paid no later than the end of the calendar year following the calendar year in which the fees and expenses are incurred. 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
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 IN WITNESS WHEREOF, the parties have executed this Amended and Restated Employment Agreement
as of the day and year first above written. 
  

			
	EXECUTIVE:
	
	 /s/ Cyrille B. Michel

	CYRILLE BENOIT MICHEL
	
	COMPANY:
	BLOUNT INTERNATIONAL, INC.
		
	By:	 	 /s/ Richard H. Irving, III

		 	Name: RICHARD H. IRVING, III
		 	Title: Senior Vice President

  
 -24-Exhibit 10.1

 Exhibit 10.1 
 AMENDMENT NO. 3 
 TO 

AMENDED AND RESTATED 
 AGREEMENT OF LIMITED PARTNERSHIP 
 OF 

DUPONT FABROS TECHNOLOGY, L.P. 
 March 8, 2011 
 This Amendment No. 3 to the Amended and Restated
Agreement of Limited Partnership of DuPont Fabros Technology, L.P. (this “Amendment”) is made as of March 8, 2011 by DuPont Fabros Technology, Inc., a Maryland corporation, as sole general partner (the
“Company”) of DuPont Fabros Technology, L.P., a Maryland limited partnership (the “Partnership”), pursuant to the authority granted to the Company in the Amended and Restated Agreement of Limited
Partnership of DuPont Fabros Technology, L.P., dated as of October 24, 2007, as amended (the “Partnership Agreement”), for the purpose of issuing additional Partnership Units in the form of Series B Preferred Partnership
Units (as defined below). Capitalized terms used and not defined herein shall have the meanings set forth in the Partnership Agreement. 
 WHEREAS, a Pricing Committee of the Board of Directors (the “Board”) of the Company adopted resolutions on March 3, 2011 classifying and designating 4,140,000 shares of
Preferred Stock (as defined in the Articles of Amendment and Restatement of the Company (the “Charter”)) as Series B Preferred Stock (as defined below); 

WHEREAS, the Company filed Articles Supplementary to the Charter with the State Department of Assessments and Taxation of Maryland,
effective on March 8, 2011, establishing the Series B Preferred Stock, with such preferences, rights, powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption as described in the Series B
Articles Supplementary (as defined below); 
 WHEREAS, on March 8, 2011, the Company issued 3,600,000 shares of the Series
B Preferred Stock; as of the date hereof, the Company is authorized to issue an additional 540,000 shares of Series B Preferred Stock; and 
 WHEREAS, the Company has determined that, in connection with the issuance of the Series B Preferred Stock, it is necessary and desirable to amend the Partnership Agreement to create additional Partnership
Units in the form of Series B Preferred Partnership Units (as defined below) having designations, preferences and other rights which are substantially the same as the economic rights of the Series B Preferred Stock. 

NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which
hereby are acknowledged, the Company hereby amends the Partnership Agreement as follows: 
 1. Article 1 of the Partnership
Agreement is hereby amended to add the following definitions: 
 “Series B Articles Supplementary”
shall mean the Articles Supplementary Establishing and Fixing the Rights and Preferences of a Series of Preferred Stock, designating the rights and preferences of the 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock, filed as part of
the Company’s Charter with the State Department of Assessments and Taxation of Maryland, effective on March 8, 2011. 

 “Series B Preferred Partnership Interests” shall mean an ownership
interest in the Partnership evidenced by the Series B Preferred Partnership Units, having a preference in payment of distributions or on liquidation as set forth in this Amendment. 

“Series B Preferred Partnership Units” shall mean the series of Preferred Partnership Units established pursuant
to this Amendment, representing a fractional, undivided share of the Series B Preferred Partnership Interests of all Partners issued under the Partnership Agreement. 

“Series B Preferred Stock” shall mean the 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock of the
Company, with such preferences, rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption as described in the Series B Articles Supplementary. 

2. In accordance with Section 4.3 of the Partnership Agreement, set forth in Exhibit H hereto are the terms and conditions of
the Series B Preferred Partnership Units hereby established and issued to the Company in consideration of its contribution to the Partnership of the proceeds of the issuance and sale of the Series B Preferred Stock by the Company. The Partnership
Agreement is amended to incorporate such Exhibit H as Exhibit H thereto and to replace Exhibit A thereto with a revised Exhibit A to reflect the issuance of the Series B Preferred Partnership Units. 

3. Except as modified herein, all terms and conditions of the Partnership Agreement shall remain in full force and effect, which terms
and conditions the Company hereby ratifies and confirms. 
 4. This Amendment shall be construed and enforced in accordance with
and governed by the laws of the State of Maryland, without regard to conflicts of law. 
 5. If any provision of this Amendment
is or becomes invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby. 

[Signature Page to Amendment No. 3 to the Amended and Restated Agreement 

of Limited Partnership of DuPont Fabros Technology, L.P. follows] 

  
 2 

 IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the date first set
forth above. 
  

			
	 DUPONT FABROS TECHNOLOGY, INC.
 As sole general partner of DuPont Fabros Technology, L.P.

		
	By:	 	 /s/ Lammot J. du Pont

		 	Lammot J. du Pont,
		 	Executive Chairman of the Board of Directors

 [Signature Page to Amendment No. 3 to the Amended and Restated Agreement 

of Limited Partnership of DuPont Fabros Technology, L.P.] 

  
 3 

 EXHIBIT H 
 DESIGNATION OF TERMS AND CONDITIONS OF 
 SERIES B PREFERRED PARTNERSHIP
UNITS 
 A. Designation and Number. A series of Preferred Partnership Units, designated as Series B Preferred
Partnership Units, is hereby established. The number of Series B Preferred Partnership Units shall be 4,140,000. 
 B.
Rank. The Series B Preferred Partnership Units will, with respect to rights to receive distributions and to participate in distributions or payments upon liquidation, dissolution or winding up of the Partnership, rank (a) senior to the
Common Partnership Units and any other Partnership Units of the Company, now or hereafter issued and outstanding, the terms of which provide that such Partnership Units rank, as to distributions and upon liquidation, dissolution or winding up of the
Partnership, junior to such Series B Preferred Partnership Units (“Junior Units”), (b) on a parity with the Series A Preferred Partnership Units (as defined in the Partnership Agreement) and any other
Partnership Units of the Partnership, now or hereafter issued and outstanding, other than Partnership Units referred to in clauses (a) and (c) (“Parity Units”); and (c) junior to all Partnership
Units of the Partnership the terms of which specifically provide that such Partnership Units rank senior to the Series B Preferred Partnership Units. 
 C. Distributions. 
 (i) Subject to the rights of holders of any Preferred
Partnership Units ranking senior to the Series B Preferred Partnership Units as to the payment of distributions, the Company, in its capacity as the holder of the then outstanding Series B Preferred Partnership Units, shall be entitled to receive,
when, as and if authorized by the Company, out of funds legally available for payment of distributions, cumulative cash distributions at the rate of 7.625% per annum of the $25 liquidation preference of each Series B Preferred Partnership Unit
(equivalent to $1.90625 per annum per Series B Preferred Partnership Unit). 
 (ii) Distributions on each outstanding Series B
Preferred Partnership Unit shall be cumulative from and including the date of original issuance and shall be payable (i) for the period from March 8, 2011 to April 15, 2011, on April 15, 2011, and (ii) for each quarterly
distribution period thereafter, quarterly in equal amounts in arrears on the 15th of each January, April, July and October, commencing on July 15th, 2011 (each such day being hereinafter called a “Series B Distribution Payment
Date”) at the then applicable annual rate; provided, however, that if any Series B Distribution Payment Date falls on any day other than a Business Day (as defined in the Series B Articles Supplementary), the distribution which
would otherwise have been payable on such Series B Distribution Payment Date may be paid on the next succeeding Business Day with the same force and effect as if paid on such Series B Distribution Payment Date, and no interest or other sums shall
accrue on the amount so payable from such Series B Distribution Payment Date to such next succeeding Business Day. Each distribution is payable to holders of record as they appear on the Partnership Unit records of the Partnership at the close of
business on the record date, not exceeding 30 days preceding the applicable Series B Distribution Payment Date, as shall be fixed by the Company. Distributions shall accumulate from the date of original issue or the most recent Series B
Distribution Payment Date to which distribution have been paid, whether or not there shall be funds legally available for the payment of such distributions, whether the Partnership has earnings or whether such distributions are authorized. No
interest, or sum of money in lieu of interest, shall be payable in respect of any distribution payment or payments on the Series B Preferred Partnership Units that may be in arrears. Holders of the Series B Preferred Partnership Units shall not be
entitled to any distributions, whether payable in cash, property or stock, in excess of full cumulative distributions, as herein provided, on the Series B Preferred Partnership Units. Distributions payable on the Series B Preferred Partnership Units
for any period greater or less than a full distribution period will be computed 

 
on the basis of a 360-day year consisting of twelve 30-day months. Distributions payable on the Series B Preferred Partnership Units for each full distribution period will be computed by dividing
the applicable annual distribution rate by four. After full cumulative distributions on the Series B Preferred Partnership Units have been paid or declared and funds therefor set aside for payment with respect to a distribution period, the holders
of Series B Preferred Partnership Units will not be entitled to any further distributions with respect to that distribution period. 
 (iii) No distributions on the Series B Preferred Partnership Units shall be authorized and declared by the Partnership or paid or set apart for payment by the Partnership at such time as the terms and
provisions of any agreement of the Partnership, including any agreement relating to its indebtedness, prohibits such declaration, payment or setting apart for payment or provides that such declaration, payment or setting apart for payment would
constitute a breach thereof, or a default thereunder, or if such declaration or payment shall be restricted or prohibited by law. 
 (iv) So long as any Series B Preferred Partnership Units are outstanding, no distributions, except as described in the immediately following sentence, shall be authorized and declared or paid or set apart
for payment on any series or class or classes of Parity Units for any period unless full cumulative distributions have been declared and paid or are contemporaneously declared and paid or declared and a sum sufficient for the payment thereof set
apart for such payment on the Series B Preferred Partnership Units for all prior distribution periods. When distributions are not paid in full or a sum sufficient for such payment is not set apart, as aforesaid, all distributions authorized and
declared upon the Series B Preferred Partnership Units and all distributions authorized and declared upon any other series or class or classes of Parity Units shall be authorized and declared ratably in proportion to the respective amounts of
distributions accumulated and unpaid on the Series B Preferred Partnership Units and such Parity Units. 
 (v) So long as any
Series B Preferred Partnership Units are outstanding, no distributions (other than distributions paid solely in Junior Units of, or in options, warrants or rights to subscribe for or purchase, Junior Units) shall be authorized and declared or paid
or set apart for payment or other distribution authorized and declared or made upon Junior Units, nor shall any Junior Units be redeemed, purchased or otherwise acquired (other than a redemption, purchase or other acquisition of Partnership Units
made for purposes of and in compliance with requirements of an employee incentive or benefit plan of the Company or any subsidiary, or a conversion into or exchange for Junior Units or redemptions for the purpose of preserving the Company’s
qualification as a REIT (as defined in the Charter), or redemptions of Partnership Units pursuant to Article 8 of the Partnership Agreement), for any consideration (or any monies to be paid to or made available for a sinking fund for the redemption
of any such units) by the Partnership, directly or indirectly (except by conversion into or exchange for Junior Units), unless in each case full cumulative distributions on all outstanding shares of Series B Preferred Partnership Units and any
Parity Units at the time such distributions are payable shall have been paid or set apart for payment for all past distribution periods with respect to the Series B Preferred Partnership Units and all past distribution periods with respect to such
Parity Units. 
 (vi) Any distribution payment made on the Series B Preferred Partnership Units shall first be credited against
the earliest accrued but unpaid distribution due with respect to such Units which remains payable. 
 (vii) Except as provided
herein, the Series B Preferred Partnership Units shall not be entitled to participate in the earnings or assets of the Partnership. 

  
 5 

 (viii) As used herein, the term “distribution” does not include distributions
payable solely in Junior Units on Junior Units, or in options, warrants or rights to holders of Junior Units to subscribe for or purchase any Junior Units. 
 D. Liquidation Preference. 
 (i) In the event of any liquidation,
dissolution or winding up of the Partnership, whether voluntary or involuntary, before any payment or distribution of the assets of the Partnership shall be made to or set apart for the holders of Junior Units, the holders of the Series B Preferred
Partnership Units shall be entitled to receive $25 per Unit (the “Liquidation Preference”) plus an amount per Unit equal to all distributions (whether or not earned or declared) accumulated and unpaid thereon to, but not
including, the date of final distribution to such holders; but such holders of the Series B Preferred Partnership Units shall not be entitled to any further payment. If, upon any such liquidation, dissolution or winding up of the Partnership, the
assets of the Partnership, or proceeds thereof, distributable among the holders of the Series B Preferred Partnership Units shall be insufficient to pay in full the preferential amount aforesaid and liquidating payments on any other Parity Units,
then such assets, or the proceeds thereof, shall be distributed among the holders of such Series B Preferred Partnership Units and any such other Parity Units ratably in accordance with the respective amounts that would be payable on such Series B
Preferred Partnership Units and any such other Parity Units if all amounts payable thereon were paid in full. For the purposes of this Section D, none of (i) a consolidation or merger of the Partnership with one or more entities,
(ii) a statutory Unit exchange or (iii) a sale or transfer of all or substantially all of the Partnership’s assets shall be deemed to be a liquidation, dissolution or winding up, voluntary or involuntary, of the Partnership.

 (ii) Subject to the rights of the holders of Parity Units, upon any liquidation, dissolution or winding up of the
Partnership, after payment shall have been made in full to the holders of the Series B Preferred Partnership Units, as provided in this Section D, any series or class or classes of Junior Units shall, subject to any respective terms and
provisions applying thereto, be entitled to receive any and all assets remaining to be paid or distributed, and the holders of the Series B Preferred Partnership Units shall not be entitled to share therein. 

E. Redemption. In connection with the redemption by the Company of any shares of Series B Preferred Stock in accordance with the
provisions of the Series B Articles Supplementary, the Partnership shall provide cash to the Company for such purpose which shall be equal to the redemption price (as set forth in the Series B Articles Supplementary), plus all plus any accumulated
and unpaid dividends on the Series B Preferred Stock (whether or not declared), to, but not including, the redemption date, and one Series B Preferred Partnership Unit shall be concurrently redeemed with respect to each share of Series B Preferred
Stock so redeemed by the Company. From and after the applicable redemption date, the Series B Preferred Partnership Units so redeemed shall no longer be outstanding and all rights hereunder, to distributions or otherwise, with respect to such Series
B Preferred Partnership Units shall cease. Any Series B Preferred Partnership Units so redeemed may be reissued to the Company at such time as the Company reissues a corresponding number of shares of Series B Preferred Stock so redeemed or
repurchased, in exchange for the contribution by the Company to the Partnership of the proceeds from such reissuance. 
 F.
Voting Rights. Except as required by applicable law or the Partnership Agreement, the holder of the Series B Preferred Partnership Units, as such, shall have no voting rights. 

G. Conversion. The Series B Preferred Partnership Units are not convertible into or exchangeable for any other property or
securities of the Partnership, except as provided herein. 

  
 6 

 (i) In the event of a conversion of any Series B Preferred Stock into common stock of
the Company, par value $0.001 per share (“Common Stock”), in accordance with the Series B Articles Supplementary, upon conversion of such Series B Preferred Stock, the Partnership shall convert an equal whole number
of the Series B Preferred Partnership Units into Common Partnership Units as such shares of Series B Preferred Stock are converted into shares of Common Stock. In the event of a conversion of any Series B Preferred Stock into
consideration other than Common Stock in accordance with the Series B Articles Supplementary, the Partnership shall retire a number of Series B Preferred Partnership Units equal to the number of shares of Series B Preferred Stock
converted into such other form of consideration. In the event of a conversion of the Series B Preferred Stock into Common Stock, to the extent the Company is required to pay cash in lieu of fractional shares of Common Stock pursuant to the
Series B Articles Supplementary in connection with such conversion, the Partnership shall distribute an equal amount of cash to the Company. 
 (ii) Following any such conversion retirement by the Partnership pursuant to this Section G, the Company shall make such revisions to the Partnership Agreement as it determines are necessary to
reflect such conversion. 
 H. Restriction on Ownership. The Series B Preferred Partnership Units shall be owned and held
solely by the Company. 
 I. Allocations. Allocations of the Partnership’s items of income, gain, loss and deduction
shall be allocated pro rata among holders of Series B Preferred Partnership Units in accordance with Article VI of the Partnership Agreement. 
 * * * 

  
 7

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