Document:

ACCENTURE LTD 2001 SHARE INCENTIVE PLAN

 

Exhibit 10.3

ACCENTURE LTD 2001 SHARE INCENTIVE PLAN

1. Purpose of the Plan

           The purpose of the Plan is to aid the Company and its Affiliates in recruiting, retaining and rewarding key employees, Former Partners, directors,
consultants or other Persons of outstanding ability and to motivate such employees, Former Partners, directors, consultants or Persons who perform services for the Company or an Affiliate to exert their best efforts on behalf of the Company and its
Affiliates by providing incentives through the granting of Awards. The Company expects that it will benefit from the added interest which such key employees, Former Partners, directors, consultants or other Persons will have in the welfare of the
Company as a result of their proprietary interest in the Company's success.

2. Definitions

          The following capitalized terms used in the Plan have the respective meanings set forth in this Section:

	 	(a)	Act: The Securities Exchange Act of 1934, as amended, or any successor thereto.
	 	 	 
	 	(b)	Affiliate: Any entity directly or indirectly controlling, controlled by, or under common control with, the Company or any other entity designated by the Board in which the Company or an Affiliate
has an interest.
	 	 	 
	 	(c)	Award: An Option, Share Appreciation Right or Other Share-Based Award granted pursuant to the Plan.
	 	 	 
	 	(d)	Beneficial Owner: A "beneficial owner", as such term is defined in Rule 13d-3 under the Act (or any successor rule thereto).
	 	 	 
	 	(e)	Board: The Board of Directors of the Company.
	 	 	 
	 	(f)	Change in Control: The occurrence of any of the following events:
	 	 	 
	 	 	(i) any Person (other than (A) a Person holding securities representing 10% or more of the combined voting power of the Company's outstanding securities as of the date that the Company completes an
initial public offering (a "Pre-Existing Shareholder"), (B) the Company (if permitted by relevant law), any trustee or other fiduciary holding securities under an employee benefit plan of the Company, or (C) any company owned, directly or
indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of shares of the Company), becomes the Beneficial Owner, directly or indirectly, of securities of the Company, representing (I) 20% or more of
the combined voting power of the Company's then-outstanding securities and (II) more of the combined voting power of the Company's then-outstanding securities than the Pre-Existing Shareholders in the aggregate;

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	 	 	(ii) during any period of twenty-four consecutive months (not including any period prior to the date that the Company completes an initial public offering), individuals who at the beginning of such period
constitute the Board, and any new director (other than a director nominated by any Person (other than the Board) who publicly announces an intention to take or to consider taking actions (including, but not limited to, an actual or threatened proxy
contest) which if consummated would constitute a Change in Control under (i), (iii) or (iv) of this Section 2(f)) whose election by the Board or nomination for election by the Company's shareholders was approved by a vote of at least two-thirds of
the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority thereof;
	 	 	 
	 	 	(iii) the consummation of any transaction or series of transactions resulting in a merger, consolidation or amalgamation, in which the Company is involved, other than a merger, consolidation or
amalgamation which would result in the shareholders of the Company immediately prior thereto continuing to own (either by remaining outstanding or by being converted into voting securities of the surviving entity), in the same proportion as
immediately prior to the transaction(s), more than 50% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger, consolidation or amalgamation; or
	 	 	 
	 	 	(iv) the complete liquidation of the Company or the sale or disposition by the Company of all or substantially all of the Company's assets.
	 	 	 
	 	(g)	Code: The Internal Revenue Code of 1986, as amended, or any successor thereto.
	 	 	 
	 	(h)	Committee: A committee of the Board that has been designated by the Board to administer the Plan.
	 	 	 
	 	(i)	Company: Accenture Ltd, an exempted company registered in Bermuda under Number EC 30090.
	 	 	 
	 	(j)	Effective Date: The date the Board approves the Plan, or such later date as is designated by the Board.
	 	 	 
	 	(k)	Fair Market Value: On a given date, (i) if there should be a public market for the Shares on such date, the arithmetic mean of the high and low prices of the Shares as reported on such date on
the Composite Tape of the principal national securities exchange on which such Shares are listed or admitted to trading, or, if the Shares are not listed or admitted on any national securities exchange, the arithmetic mean of the per Share closing
bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System (or such market in which such prices are regularly quoted) (the "NASDAQ"), or, if no sale of
Shares shall have been reported on the Composite Tape of any national securities exchange or quoted on the NASDAQ on such date, then the immediately preceding date on which sales of the Shares have been so reported or quoted shall be used;
provided that, in the event of an initial public offering of the Shares of the Company, the Fair Market Value on the date of such initial public offering shall be the price at which the initial public offering was made; and (ii) if there
should not be a public market for the Shares on such date, the Fair Market Value shall be the value established by the Committee in good faith.

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	 	(l)	Former Partner: An individual who is a former partner of a predecessor of the Company, an Affiliate or a predecessor of an Affiliate.
	 	 	 
	 	(m)	ISO: An Option that is also an incentive stock option, as described in Section 422 of the Code, granted pursuant to Section 6(c) of the Plan.
	 	 	 
	 	(n)	LSAR: A limited share appreciation right granted pursuant to Section 7(d) of the Plan.
	 	 	 
	 	(o)	Option: A share option granted pursuant to Section 6 of the Plan.
	 	 	 
	 	(p)	Option Price: The purchase price per Share under the terms of an Option, as determined pursuant to Section 6(a) of the Plan.
	 	 	 
	 	(q)	Other Share-Based Awards: Awards granted pursuant to Section 8 of the Plan.
	 	 	 
	 	(r)	Participant: An employee, Former Partner, director, or consultant of, or any Person who performs services for, the Company or an Affiliate who is selected by the Committee to participate in the
Plan.
	 	 	 
	 	(s)	Person: A "person", as such term is used for purposes of Section 13(d) or 14(d) of the Act (or any successor section thereto).
	 	 	 
	 	(t)	Plan: The Accenture Ltd 2001 Share Incentive Plan.
	 	 	 
	 	(u)	RSU: A restricted share unit, granted pursuant to Section 8 of the Plan, that represents the right to receive a Share.
	 	 	 
	 	(v)	Shares: Class A common shares of the Company.
	 	 	 
	 	(w)	Share Appreciation Right: A share appreciation right granted pursuant to Section 7 of the Plan.

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	 	(x)	
Subsidiary: A "subsidiary corporation" as defined in Section 424(f) of the Code (or any successor section thereto).

 3. Shares Subject to the Plan

          The total number of Shares that may be used to satisfy Awards under the Plan is 375,000,000. The Shares may consist, in whole or in part, of unissued Shares
or previously-issued Shares. The issuance or transfer of Shares or the payment of cash upon the exercise or payment of an Award shall reduce the total number of Shares available under the Plan, as applicable. Shares which are subject to Awards which
terminate, lapse or are cancelled may again be used to satisfy Awards under the Plan.

4. Administration

          The Plan shall be administered by the Committee, which may delegate its duties and powers in whole or in part as it determines; provided,
however, that the Board may, in its sole discretion, take any action designated to the Committee under this Plan as it may deem necessary. The Committee may grant Awards under this Plan only to Participants; provided that Awards may
also, in the discretion of the Committee, be made under the Plan in assumption of, or in substitution for, outstanding awards previously granted by the Company or its Affiliates or a company that becomes an Affiliate. The number of Shares underlying
such substitute Awards shall be counted against the aggregate number of Shares available for Awards under the Plan. The Committee is authorized to interpret the Plan, to establish, amend and rescind any rules and regulations relating to the Plan,
and to make any other determinations that it deems necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency in the Plan in the manner and to the extent the
Committee deems necessary or desirable. Any decision of the Committee in the interpretation and administration of the Plan, as described herein, shall lie within its sole and absolute discretion and shall be final, conclusive and binding on all
parties concerned (including, but not limited to, Participants and their beneficiaries or successors). The Committee shall have the full power and authority to establish the terms and conditions of any Award consistent with the provisions of the
Plan and to waive any such terms and conditions at any time (including, without limitation, accelerating or waiving any vesting conditions). The Committee shall require payment of any amount it may determine to be necessary to withhold for federal,
state, local or other taxes of any relevant jurisdiction as a result of the granting, vesting or exercise of an Award, or upon the sale of Shares acquired by the granting, vesting or exercise of an Award.

5. Limitations

          No Award may be granted under the Plan after the tenth anniversary of the Effective Date, but Awards theretofore granted may extend beyond that
date.

6. Terms and Conditions of Options

          Options granted under the Plan shall be, as determined by the Committee, non-qualified stock options or ISOs for United States federal income tax purposes
(or other types of Options in jurisdictions outside the United States), as evidenced by the related Award agreements, and shall be subject to the foregoing and the following terms and conditions and to such other terms and conditions, not
inconsistent therewith, as the Committee shall determine:

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	 	(a)	Option Price; Exercisability. Options granted under the Plan shall have an Option Price, and shall be exercisable at such time and upon such terms and conditions, as may be determined by the
Committee.
	 	 	 
	 	(b)	Exercise of Options. Except as otherwise provided in the Plan or in an Award agreement, an Option may be exercised for all, or from time to time any part, of the Shares for which it is then
exercisable. For purposes of this Section 6 of the Plan, the exercise date of an Option shall be the later of the date a notice of exercise is received by the Company and, if applicable, the date payment is received by the Company pursuant to
clauses (i), (ii) or (iii) in the following sentence. The purchase price for the Shares as to which an Option is exercised shall be paid in full at the time of exercise at the election of the Participant (i) in cash or its equivalent (e.g., by
check), (ii) to the extent permitted by the Committee, by transferring Shares having a Fair Market Value equal to the aggregate Option Price for the Shares being purchased to a nominee of the Company and satisfying such other requirements as may be
imposed by the Committee; provided, that such Shares have been held by the Participant for no less than six months (or such other period as established from time to time by the Committee or generally accepted accounting principles), (iii)
partly in cash and, to the extent permitted by the Committee, partly in such Shares or (iv) through the delivery of irrevocable instructions to a broker to sell Shares obtained upon the exercise of the Option and deliver promptly to the Company an
amount out of the proceeds of such sale equal to the aggregate Option Price for the Shares being purchased. No Participant shall have any rights to dividends or other rights of a shareholder with respect to Shares subject to an Option until the
Participant has given written notice of exercise of the Option, the Participant has paid in full for such Shares, the Shares in question have been registered in the Company's register of shareholders and, if applicable, the Participant has satisfied
any other conditions imposed by the Committee pursuant to the Plan.
	 	 	 
	 	(c)	ISOs. The Committee may grant Options under the Plan that are intended to be ISOs. No ISO may be granted to any Participant who at the time of such grant, owns more than ten percent of the total
combined voting power of all classes of shares of the Company or of any Subsidiary, unless (i) the Option Price for such ISO is at least 110% of the Fair Market Value of a Share on the date the ISO is granted and (ii) the date on which
such ISO terminates is a date not later than the day preceding the fifth anniversary of the date on which the ISO is granted. Any Participant who disposes of Shares acquired upon the exercise of an ISO either (A) within two years after the date
of grant of such ISO or (B) within one year after the transfer of such Shares to the Participant, shall notify the Company of such disposition and of the amount realized upon such disposition.

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	 	(d)	Attestation. Wherever in this Plan or any agreement evidencing an Award a Participant is permitted to pay the Option Price by delivering Shares to a nominee of the Company, the Participant may,
subject to procedures satisfactory to the Committee, satisfy such delivery requirement by presenting proof of beneficial ownership of such Shares, in which case the Company shall treat the Option as exercised without further payment and shall
withhold such number of Shares from the Shares acquired by the exercise of the Option.

7. Terms and Conditions of Share Appreciation Rights

	 	(a)	Grants. The Committee also may grant (i) a Share Appreciation Right independent of an Option or (ii) a Share Appreciation Right in connection with an Option, or a portion thereof. A Share
Appreciation Right granted pursuant to clause (ii) of the preceding sentence (A) may be granted at the time the related Option is granted or at any time prior to the exercise or cancellation of the related Option, (B) shall cover the
same Shares covered by an Option (or such lesser number of Shares as the Committee may determine) and (C) shall be subject to the same terms and conditions as such Option except for such additional limitations as are contemplated by this
Section 7 (or such additional limitations as may be included in an Award agreement).
	 	 	 
	 	(b)	Terms. The exercise price per Share of a Share Appreciation Right shall be an amount determined by the Committee. Each Share Appreciation Right granted independent of an Option shall entitle a
Participant upon exercise to a payment from the Company of an amount equal to (i) the excess of (A) the Fair Market Value on the exercise date of one Share over (B) the exercise price per Share, times (ii) the number of Shares
covered by the Share Appreciation Right. Each Share Appreciation Right granted in conjunction with an Option, or a portion thereof, shall entitle a Participant to surrender to the Company the unexercised Option, or any portion thereof, and to
receive from the Company in exchange therefor an amount equal to (I) the excess of (x) the Fair Market Value on the exercise date of one Share over (y) the Option Price per Share, times (II) the number of Shares covered by the
Option, or portion thereof, which is surrendered. The date a notice of exercise is received by the Company shall be the exercise date. Payment shall be made in Shares or in cash, or partly in Shares and partly in cash (any such Shares valued at such
Fair Market Value), all as shall be determined by the Committee. If the payment is made, in whole or in part, in newly issued Shares, the Participant shall agree to pay to the Company the aggregate par value of such Shares. Share Appreciation Rights
may be exercised from time to time upon actual receipt by the Company of written notice of exercise stating the number of Shares with respect to which the Share Appreciation Right is being exercised. No fractional Shares will be issued in payment
for Share Appreciation Rights, but instead cash will be paid for a fraction or, if the Committee should so determine, the number of Shares will be rounded downward to the next whole Share.

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	 	(c)	Limitations. The Committee may impose, in its discretion, such conditions upon the exercisability or transferability of Share Appreciation Rights as it may deem fit.
	 	 	 
	 	(d)	Limited Share Appreciation Rights. The Committee may grant LSARs that are exercisable upon the occurrence of specified contingent events. Such LSARs may provide for a different method of
determining appreciation, specify that payment will be made only in cash and provide that any related Awards are not exercisable while such LSARs are exercisable. Unless the context otherwise requires, whenever the term "Share Appreciation
Right" is used in the Plan, such term shall include LSARs.

 8. Other Share-Based Awards

          The Committee, in its sole discretion, may grant Awards of Shares, Awards of restricted Shares, Awards of RSUs and other Awards that are valued in whole or
in part by reference to, or are otherwise based on the Fair Market Value, of Shares ("Other Share-Based Awards"). Such Other Share-Based Awards shall be in such form, and dependent on such conditions, as the Committee shall determine,
including, without limitation, the right to receive one or more Shares (or the equivalent cash value of such Shares) upon the completion of a specified period of service, the occurrence of an event and/or the attainment of performance objectives.
Other Share-Based Awards may be granted alone or in addition to any other Awards granted under the Plan. Subject to the provisions of the Plan, the Committee shall determine: (i) to whom and when Other Share-Based Awards will be made; (ii) the
number of Shares to be awarded under (or otherwise related to) such Other Share-Based Awards; (iii) whether such Other Share-Based Awards shall be settled in cash, Shares or a combination of cash and Shares; and (iv) all other terms and conditions
of such Other Share-Based Awards (including, without limitation, the vesting provisions thereof and provisions ensuring that all Shares so awarded and issued shall be fully paid and non-assessable). If any Award is satisfied, in whole or in part, in
newly issued Shares, it will be a condition of issue that the Participant agrees to pay to the Company the aggregate par value of such Shares.

9. Adjustments Upon Certain Events

          Notwithstanding any other provisions in the Plan to the contrary, the following provisions shall apply to all Awards granted under the Plan:

	 	(a)	Generally. In the event of any change in the outstanding Shares after the Effective Date by reason of any Share dividend or split, reorganization, recapitalization, merger, consolidation,
amalgamation, spin-off or combination transaction or exchange of Shares or other corporate exchange, or any distribution to shareholders of Shares other than regular cash dividends or any transaction similar to the foregoing, the Committee in its
sole discretion and without liability to any person may make such substitution or adjustment, if any, as it deems to be equitable, as to (i) the number or kind of Shares or other securities issued or reserved for issuance pursuant to the Plan or
pursuant to outstanding Awards, (ii) the Option Price or exercise price of any Share Appreciation Right and/or (iii) any other affected terms of any Award.

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	 	(b)	Change in Control. In the event of a Change in Control after the Effective Date, (i) any outstanding Awards then held by Participants which are unexercisable or otherwise unvested shall
automatically be deemed exercisable or otherwise vested, as the case may be, as of immediately prior to such Change in Control, and (ii) the Committee may, in its sole discretion, provide for (x) the termination of an Award upon the consummation of
the Change in Control, (y) the payment of a cash amount in exchange for the cancellation of an Award which, in the case of Options and Share Appreciation Rights, may equal the excess, if any, of the Fair Market Value of the Shares subject to such
Options or Share Appreciation Rights over the aggregate exercise price of such Options or Share Appreciation Rights, and/or (z) the issuance of substitute Awards that will substantially preserve the otherwise applicable terms of any affected Awards
previously granted hereunder.

 

 10. No Right to Employment or Awards

          The granting of an Award under the Plan shall impose no obligation on the Company or any Affiliate to continue the employment or service or consulting
relationship of a Participant and shall not lessen or affect the Company's or Affiliate's right to terminate the employment or service or consulting relationship of such Participant. No Participant or other person shall have any claim to be granted
any Award, and there is no obligation for uniformity of treatment of Participants, or holders or beneficiaries of Awards. The terms and conditions of Awards and the Committee's determinations and interpretations with respect thereto need not be the
same with respect to each Participant (whether or not such Participants are similarly situated).

11. Successors and Assigns

          The Plan shall be binding on all successors and assigns of the Company and a Participant, including without limitation, the estate of such Participant and
the executor, administrator or trustee of such estate, or any receiver or trustee in bankruptcy or representative of the Participant's creditors.

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12. Nontransferability of Awards

          Unless otherwise determined by the Committee, an Award shall not be transferable or assignable by the Participant other than by will or by the laws of
descent and distribution. An Award exercisable after the death of a Participant may be exercised by the legatees, personal representatives or distributees of the Participant.

13. Amendments or Termination

          The Board may amend, alter or discontinue the Plan, but no amendment, alteration or discontinuation shall be made which, without the consent of a
Participant, would diminish any of the rights of the Participant under any Award theretofore granted to such Participant under the Plan; provided, however, that the Committee may amend the Plan in such manner as it deems necessary to
permit Awards to meet the requirements of the Code or other applicable laws.

14. International Participants

          With respect to Participants who reside or work outside the United States of America, the Committee may, in its sole discretion, amend the terms of the Plan
or Awards with respect to such Participants in order to conform such terms with the provisions of local law, and the Committee may, where appropriate, establish one or more sub-plans to reflect such amended or varied provisions.

15. Choice of Law

          The Plan shall be governed by and construed in accordance with the laws of the State of New York without regard to conflicts of laws.

16. Effectiveness of the Plan

          The Plan shall be effective as of the Effective Date, subject to the approval of the shareholders of the Company.ACCENTURE LTD 2001 EMPLOYEE SHARE PURCHASE PLAN

Exhibit 10.4 

ACCENTURE LTD 2001 EMPLOYEE SHARE PURCHASE PLAN

1. Purpose of the Plan

           The purpose of the Plan is to give Eligible Employees of the Company and its Subsidiaries the ability to share in the Company's future success. The
Company expects that it will benefit from the added interest which such Eligible Employees will have in the welfare of the Company as a result of their increased equity interest in the Company's success.

2. Definitions

           The following capitalized terms used in the Plan have the respective meanings set forth in this Section:

	 	(a)	Act: The Securities Exchange Act of 1934, as amended, or any successor thereto.
	 	 	 
	 	(b)	Beneficial Owner: A "beneficial owner", as such term is defined in Rule 13d-3 under the Act (or any successor rule thereto).
	 	 	 
	 	(c)	Board: The Board of Directors of the Company.
	 	 	 
	 	(d)	Change in Control: The occurrence of any of the following events:
	 	 	 
	 	 	(i) any Person (other than (A) a Person holding securities representing 10% or more of the combined voting power of the Company's outstanding securities as of the date
that the Company completes an initial public offering (a "Pre-Existing Shareholder"), (B) the Company (if permitted by relevant law), any trustee or other fiduciary holding securities under an employee benefit plan of the Company, or (C)
any company owned, directly or indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of shares of the Company), becomes the Beneficial Owner, directly or indirectly, of securities of the Company,
representing (I) 20% or more of the combined voting power of the Company's then-outstanding securities and (II) more of the combined voting power of the Company's then-outstanding securities than the Pre-Existing Shareholders in the
aggregate;
	 	 	 
	 	 	(ii) during any period of twenty-four consecutive months (not including any period prior to the date that the Company completes an initial public offering), individuals
who at the beginning of such period constitute the Board, and any new director (other than a director nominated by any Person (other than the Board) who publicly announces an intention to take or to consider taking actions (including, but not
limited to, an actual or threatened proxy contest) which if consummated would constitute a Change in Control under (i), (iii) or (iv) of this Section 2(d)) whose election by the Board or nomination for election by the Company's shareholders was
approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at
least a majority thereof;

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	 	 	(iii) the consummation of any transaction or series of transactions resulting in a merger, consolidation or amalgamation, in which the Company is involved, other than a
merger, consolidation or amalgamation which would result in the shareholders of the Company immediately prior thereto continuing to own (either by remaining outstanding or by being converted into voting securities of the surviving entity), in the
same proportion as immediately prior to the transaction(s), more than 50% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger, consolidation or amalgamation;
or
	 	 	 
	 	 	(iv) the complete liquidation of the Company or the sale or disposition by the Company of all or substantially all of the Company's assets.
	 	 	 
	 	(e)	Code: The Internal Revenue Code of 1986, as amended, or any successor thereto.
	 	 	 
	 	(f)	Committee: The Compensation Committee of the Board.
	 	 	 
	 	(g)	Company: Accenture Ltd, an exempted company registered in Bermuda under Number EC 30090.
	 	 	 
	 	(h)	Compensation: Base salary, annual bonuses, commissions, overtime and shift pay, in each case prior to reductions for pre-tax contributions made to a plan or salary reduction contributions to a plan
excludable from income under Sections 125 or 402(g) of the Code. Notwithstanding the foregoing, Compensation shall exclude severance pay, stay-on bonuses, long-term bonuses, retirement income, Change in Control payments, contingent payments, income
derived from share options, share appreciation rights and other equity-based compensation and other forms of special remuneration.
	 	 	 
	 	(i)	Effective Date: The date the Board and the shareholders of the Company approve the Plan.
	 	 	 
	 	(j)	Eligible Employee: An individual who is eligible to participate in the Plan pursuant to Section 5 of the Plan.
	 	 	 
	 	(k)	Fair Market Value: On a given date, (i) if there should be a public market for the Shares on such date, the arithmetic mean of the high and low prices of the Shares as reported on such date on
the Composite Tape of the principal national securities exchange on which such Shares are listed or admitted to trading, or, if the Shares are not listed or admitted on any national securities exchange, the arithmetic mean of the per Share closing
bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System (or such market in which such prices are regularly quoted) (the "NASDAQ"), or, if no sale of
Shares shall have been reported on the Composite Tape of any national securities exchange or quoted on the NASDAQ on such date, then the immediately preceding date on which sales of the Shares have been so reported or quoted shall be used; and
(ii) if there should not be a public market for the Shares on such date, the Fair Market Value shall be the value established by the Committee in good faith.

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	 	(l)	Maximum Share Amount: Subject to applicable law, the maximum number of Shares that a Participant may purchase on any given Purchase Date, as determined by the Committee in its sole
discretion.
	 	 	 
	 	(m)	Offering Date: The first date of an Offering Period.
	 	 	 
	 	(n)	Offering Period: A period of time established by the Committee from time to time not to exceed 27 months. The Offering Period may be evidenced by such documents as may be determined by the
Committee in its sole discretion.
	 	 	 
	 	(o)	Option: A share option granted pursuant to Section 7 of the Plan.
	 	 	 
	 	(p)	Participant: An Eligible Employee who elects to participate in the Plan pursuant to Section 6 of the Plan.
	 	 	 
	 	(q)	Participating Subsidiary: A Subsidiary of the Company that is selected to participate in the Plan by the Committee in its sole discretion.
	 	 	 
	 	(r)	Payroll Deduction Account: An account to which payroll deductions of a Participant, or other payments made by a Participant to the extent provided by the Committee, are credited under Section 9(c)
of the Plan.
	 	 	 
	 	(s)	Person: A "person", as such term is used for purposes of Section 13(d) or 14(d) of the Act (or any successor section thereto).
	 	 	 
	 	(t)	Plan: The Accenture Ltd 2001 Employee Share Purchase Plan.
	 	 	 
	 	(u)	Plan Broker: A stock brokerage or other financial services firm designated by the Committee in its sole discretion.
	 	 	 
	 	(v)	Purchase Date: The last date of an Offering Period, or such earlier date as determined by the Committee in its sole discretion.

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	 	(w)	Purchase Price: The purchase price per Share, as determined pursuant to Section 8 of the Plan.
	 	 	 
	 	(x)	Shares: Class A common shares of the Company.
	 	 	 
	 	(y)	Subsidiary: Any entity that, directly or indirectly, is controlled by the Company, and any entity in which the Company has a significant equity interest, in either case as determined by the
Committee; provided, however, that if the Plan is intended to qualify as an "employee stock purchase plan" within the meaning of Section 423(b) of the Code, "Subsidiary" shall mean a "subsidiary
corporation" as defined in Section 424(f) of the Code (or any successor section thereto).

 3. Shares Subject to the Plan

           The total number of Shares which may be issued or transferred under the Plan is 75,000,000. The Shares may consist, in whole or in part, of unissued
Shares or previously issued Shares. The issuance or transfer of Shares pursuant to the Plan shall reduce the total number of Shares available under the Plan.

4. Administration

           The Plan shall be administered by the Committee, which may delegate its duties and powers in whole or in part as it determines. The Committee is
authorized to interpret the Plan, to establish, amend and rescind any rules and regulations relating to the Plan, and to make any other determinations that it deems necessary or desirable for the administration of the Plan. The Committee may correct
any defect or supply any omission or reconcile any inconsistency in the Plan in the manner and to the extent the Committee deems necessary or desirable. Any decision of the Committee in the interpretation and administration of the Plan, as described
herein, shall lie within its sole and absolute discretion and shall be final, conclusive and binding on all parties concerned (including, but not limited to, Participants and their beneficiaries or successors).

5. Eligibility

           Any individual who is an employee of the Company or of a Participating Subsidiary is eligible to participate in the Plan, except that the Committee may
exclude (either generally or by reference to a subset thereof) from participation:

	 	(a)	employees whose customary employment is twenty (20) hours or less per week within the meaning of Section 423(b)(4)(B) of the Code;
	 	 	 
	 	(b)	employees whose customary employment is for not more than five (5) months in any calendar year within the meaning of Section 423(b)(4)(C) of the Code;
	 	 	 
	 	(c)	employees who, if granted an Option would immediately thereafter own shares possessing five percent (5%) or more of the total combined voting power or value of all classes of shares of the Company or of
its parent or Subsidiary corporation within the meaning of Section 423(b)(3) of the Code. For purposes of this Section 5(c), the rules of Section 424(d) of the Code shall apply in determining share ownership of an individual, and Shares which the
employee may purchase under outstanding Options shall be treated as Shares owned by the employee; and

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	 	(d)	employees who are highly compensated employees within the meaning of Section 414(q) of the Code.

6. Election to Participate

           The Committee shall set forth procedures pursuant to which Eligible Employees may elect to participate in a given Offering Period under the
Plan.

7. Grant of Option on Enrollment

           With respect to an Offering Period, each Participant shall be granted (as of the Offering Date or such other dates as determined by the Committee in
its sole discretion) an Option to subscribe for or purchase (as of the Purchase Date) a number of Shares equal to the lesser of (i) the Maximum Share Amount or (ii) the number determined by dividing the amount accumulated in such Participant's
Payroll Deduction Account during such Offering Period by the Purchase Price.

8. Purchase Price

           The Purchase Price at which a Share will be issued or sold for a given Offering Period shall be established by the Committee, but shall in no event be
less than eighty-five percent (85%) of the lesser of:

	 	(a)	the Fair Market Value of a Share on the Offering Date; or
	 	 	 
	 	(b)	the Fair Market Value of a Share on the Purchase Date.

9. Payment of Purchase Price; Changes in Payroll Deductions; Issuance of Shares

           Subject to Sections 10 and 11 of the Plan:

	 	(a)	Payroll deductions (to the extent permitted by applicable local law) shall be made on each day that a Participant is paid during an Offering Period. The deductions shall be made as a percentage of the
Participant's Compensation in one percent (1%) increments, from one percent (1%) to ten percent (10%) of such Participant's Compensation, as elected by the Participant; provided, however, that no Participant shall be permitted to
purchase Shares under this Plan (or under any "employee stock purchase plan", within the meaning of Section 423(b) of the Code, of the Company or any of its Subsidiaries) with an aggregate Fair Market Value (as determined as of each
Offering Date) in excess of US$25,000 for any one calendar year within the meaning of Section 423(b)(8) of the Code. For a given Offering Period, payroll deductions shall commence on the Offering Date and shall end on the related Purchase Date,
unless sooner altered or terminated as provided in the Plan.

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	 	(b)	A Participant shall not change the rate of payroll deductions once an Offering Period has commenced. The Committee shall specify procedures by which a Participant may increase or decrease the rate of
payroll deductions for subsequent Offering Periods.
	 	 	 
	 	(c)	All payroll deductions made with respect to a Participant shall be credited to the Participant's Payroll Deduction Account under the Plan and shall be deposited with the general funds of the Company, and,
to the extent permitted by applicable local law, no interest shall accrue on the amounts credited to such Payroll Deduction Account. All payroll deductions received or held by the Company may be used by the Company for any corporate purpose, and the
Company shall not be obligated to segregate such payroll deductions, to the extent permitted by applicable local law. Except to the extent provided by the Committee, a Participant may not make any separate cash payments into such Participant's
Payroll Deduction Account, and payment for Shares purchased under the Plan may not be made in any form other than by payroll deduction.
	 	 	 
	 	(d)	On each Purchase Date, the Company shall apply all funds then in the Participant's Payroll Deduction Account to purchase Shares (in whole and/or fractional Shares, as the case may be) pursuant to the
Option granted on the Offering Date (or such other date as determined by the Committee in its sole discretion). In the event that the number of Shares to be purchased by all Participants in any Offering Period exceeds the number of Shares then
available for issuance under the Plan, (i) the Company shall make a pro rata allocation of the remaining Shares in as uniform a manner as shall be practicable and as the Committee shall, in its sole discretion, determine to be equitable and (ii) all
funds not used to purchase Shares on the Purchase Date shall be returned, without interest (to the extent permitted by applicable local law), to the Participants.
	 	 	 
	 	(e)	As soon as practicable following the end of each Offering Period, the number of Shares purchased by each Participant shall be deposited into an account established in the Participant's name with the Plan
Broker. Unless otherwise permitted by the Committee in its sole discretion, dividends that are declared on the Shares held in such account shall be reinvested in whole or fractional Shares.
	 	 	 
	 	(f)	At any time after the 24 month period following the relevant Purchase Date, the Participant may (i) transfer the Participant's Shares to another brokerage account of the Participant's choosing or (ii)
request in writing that such Shares be transferred to the Participant with respect to the whole Shares in the Participant's Plan Broker account and that any fractional Shares remaining in such account be paid in cash to the Participant. The
Committee may require, in its sole discretion, that the Participant bear the cost of transferring such Shares.
	 	 	 

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	 	(g)	The Participant shall have no interest or voting right in the Shares covered by the Participant's Option until such Option is exercised and the Shares in question are registered in the name of the
Participant.

10. Withdrawal

           Each Participant may withdraw from participation in respect of an Offering Period or from the Plan under such terms and conditions as are established
by the Committee in its sole discretion. Upon a Participant's withdrawal from participation in respect of any Offering Period or from the Plan, all accumulated payroll deductions in the Payroll Deduction Account shall be returned, without interest
(to the extent permitted by applicable law), to such Participant, and such Participant shall not be entitled to any Shares on the Purchase Date or thereafter with respect to the Offering Period in effect at the time of such withdrawal. Such
Participant shall be permitted to participate in subsequent Offering Periods pursuant to such terms and conditions established by the Committee in its sole discretion.

11. Termination of Employment

           A Participant shall cease to participate in the Plan upon the Participant's termination of employment for any reason. All payroll deductions credited
to the Participant's Payroll Deduction Account as of the date of such termination shall be (a) in the event such termination is due to a transfer to a Subsidiary, applied to the purchase of Shares on the next Purchase Date, or (b) in the event such
termination is due to any reason other than (a) above, returned, without interest (to the extent permitted by applicable local law), to such Participant or to the Participant's designated beneficiary, as the case may be, and such Participant or
beneficiary shall have no future rights in any unexercised Options under the Plan.

12. Adjustments Upon Certain Events

           Notwithstanding any other provisions in the Plan to the contrary, the following provisions shall apply to all Options granted under the Plan:

	 	(a)	Generally. In the event of any change in the outstanding Shares after the Effective Date by reason of any Share dividend or split, reorganization, recapitalization, merger, consolidation,
amalgamation, spin-off or combination transaction or exchange of Shares or other corporate exchange, or any distribution to shareholders of Shares other than regular cash dividends or any transaction similar to the foregoing, the Committee in its
sole discretion and without liability to any person may make such substitution or adjustment, if any, as it deems to be equitable, as to (i) the number or kind of Shares or other securities issued or reserved for issuance pursuant to the Plan, (ii)
the number or kind of Shares or other securities subject to outstanding Options, (iii) the Purchase Price and/or (iv) any other affected terms of such Options.

8

 

	 	(b)	Change in Control. In the event of a Change in Control, the Committee in its sole discretion and without liability to any person may take such actions, if any, as it deems necessary or desirable
with respect to any Option as of the date of the consummation of the Change in Control.

13. Nontransferability 

           Unless otherwise determined by the Committee, Options granted under the Plan shall not be transferable or assignable by the Participant other than by
will or by the laws of descent and distribution.

14. No Right to Employment

           The granting of an Option under the Plan shall impose no obligation on the Company or any Subsidiary to continue the employment of a Participant and
shall not lessen or affect the Company's or Subsidiary's right to terminate the employment of such Participant.

15. Amendment or Termination of the Plan

           The Plan shall continue until the earliest to occur of the following: (a) termination of the Plan by the Board, (b) issuance of all of the Shares
reserved for issuance under the Plan, or (c) the tenth anniversary of the Effective Date. The Board may amend, alter or discontinue the Plan, but no amendment, alteration or discontinuation shall be made which (x) without the approval of the
shareholders of the Company, would (except as is provided in Section 12 of the Plan) increase the total number of Shares reserved for the purposes of the Plan or (y) without the consent of a Participant, would impair any of the rights or obligations
under any Option theretofore granted to such Participant under the Plan; provided, however, that the Committee may amend the Plan in such manner as it deems necessary to permit the granting of Options meeting the requirements of the
Code or other applicable laws.

16. Tax Withholding

           The Company shall have the right to withhold from a Participant such withholding taxes as may be required by federal, state, local or other law, or to
otherwise require the Participant to pay such withholding taxes. Unless the Committee specifies otherwise, a Participant may elect to pay a portion or all of such withholding taxes by (a) delivery of Shares; provided that such Shares have
been held by the Participant for no less than six months (or such other period as established from time to time by the Committee or generally accepted accounting principles), or (b) having Shares equal to the minimum statutory withholding rate
withheld by the Company from any Shares that otherwise would have been received by the Participant.

17. International Participants

           With respect to Participants who reside or work outside the United States of America, the Committee may, in its sole discretion, amend the terms of the
Plan or Awards with respect to such Participants in order to conform such terms with the provisions of local law, and the Committee may, where appropriate, establish one or more sub-plans to reflect such amended or varied provisions.

9

18. Notices

           All notices and other communications hereunder shall be in writing and hand delivered or mailed by registered or certified mail (return receipt
requested) or sent by any means of electronic message transmission with delivery confirmed (by voice or otherwise) to the Company in care of its General Counsel at:

           Accenture Ltd

           1661 Page Mill Road

           Palo Alto, CA 94304

           Telecopy: (650) 213-2956

           Attn: General Counsel

(or, if different, the then current principal business address of the duly appointed General Counsel of the Company) and to the Participant at the address appearing in the personnel records of the Company for the
Participant or to either party at such other address as either party hereto may hereafter designate in writing to the other. Any such notice shall be deemed effective upon receipt thereof by the addressee.

19. Choice of Law

           The Plan shall be governed by and construed in accordance with the laws of the State of New York without regard to the conflicts of laws provisions
thereof.

20. Effectiveness of the Plan

           The Plan shall be effective as of the Effective Date.

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