Document:

Exhibit 10.13

 Exhibit 10.13 

ESCROW AGREEMENT 

This Escrow Agreement is made and entered into as of the
19th day of July, 2010, by and among ANDERSON &
STRUDWICK, INCORPORATED, a Virginia corporation (the “Placement Agent”), TAI SHAN COMMUNICATIONS, INC., a British Virgin Islands company (the “Company”) and SUNTRUST BANK (the “Escrow Agent”). 

R E C I T A L S: 

A. The Company proposes to sell a minimum of 2,000,000 common shares and a maximum of 2,000,000 common shares (the “Shares”) of
the Company at a price of $             per share on a “best efforts, minimum/maximum” basis (the “Offering”). 

B. The Company has retained the Placement Agent, as agent for the Company to sell the Shares in the Offering, and the Placement Agent has
agreed to sell the shares in the Offering as the Company’s agent. 
 C. The Escrow Agent is willing to hold the proceeds of
the Offering in escrow pursuant to this Agreement. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants
and agreements contained in this Agreement, it is hereby agreed as follows: 
 1. Establishment of the Escrow Agent.
Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Tai Shan Communications, Inc. IPO Escrow Account” (the “Escrow Account”). The
Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to the Escrow Agent. 

2. Escrow Period. The escrow period (the “Escrow Period”) shall begin with the commencement of the Offering and shall
terminate upon the earlier to occur of the following dates: 
 (a) the date on which the Escrow Agent confirms that it has
received in the Escrow Account gross proceeds of $12,000,000, representing the funds necessary to purchase the Shares (the “Maximum”); 

(b) December 31, 2010; or 

(c) the date on which the Placement Agent and the Company notify the Escrow Agent in writing that the Offering has been terminated.

 During the Escrow Period, the Company is aware and understands that it is not entitled to any funds received into escrow and
no amounts deposited in the Escrow Account shall become the property of the Company or any other entity, or be subject to the debts of the Company or any other entity. 

3. Deposits into the Escrow Account. The Placement Agent agrees that it shall deliver to the Escrow Agent for deposit in the
Escrow Account all monies received from purchasers of the Shares by noon of the next business day after receipt together with a written account of each sale, which account shall set forth, among other things, (i) the purchaser’s name and
address, (ii) the number of Shares purchased by the purchaser, (iii) the amount paid therefor by the purchaser, (iv) whether the consideration received from the purchaser was in the form of a check, draft or money order, and
(v) the purchaser’s social security or tax identification number. The Escrow Agent agrees to hold all monies so deposited in the Escrow Account (the “Escrow Amount”) for the benefit of the parties hereto until authorized to
disburse such monies under the terms of this Agreement. 
 4. Disbursements from the Escrow Account. In the event the
Escrow Agent does not receive minimum deposits totaling $10,000,002 prior to the termination of the Escrow Period, or if the Placement Agent and the Company notify the Escrow Agent that the Offering has been terminated, the Escrow Agent shall
promptly refund to each purchaser the amount received from the purchaser, without deduction, penalty, or expense to the 

 
purchaser, and the Escrow Agent shall notify the Company and the Placement Agent of its distribution of the funds. The purchase money returned to each purchaser shall be free and clear of any and
all claims of the Company or any of its creditors. 
 In the event the Escrow Agent does not receive minimum deposits totaling
$15,000,000 prior to termination of the Escrow Period, on the Closing Date (as defined in Section 8), the Escrow Agent shall disburse the Escrow Amount pursuant to the provisions of Section 6, provided, however, in no event will the
Escrow Amount be released to the Company until such amount is received by the Escrow Agent in collected funds. For purposes of this Agreement, the term “collected funds” shall mean all funds, including fed funds, received by the Escrow
Agent which have cleared normal banking channels. 
 5. Collection Procedure. 

(a) The Escrow Agent is hereby authorized to deposit each check in the Escrow Account. 

(b) In the event any check paid by a purchaser and deposited in the Escrow Account shall be returned, the Escrow Agent shall notify the
Placement Agent by telephone of such occurrence and advise it of the name of the purchaser, the amount of the check returned, and any other pertinent information. The Escrow Agent shall then transmit the returned check directly to the purchaser and
shall transmit the statement previously delivered by the Placement Agent relating to such purchase to the Placement Agent. 

(c) If the Company rejects any purchase of Shares for which the Escrow Agent has already collected funds, the Escrow Agent shall promptly
issue a refund check to the rejected purchaser. If the Placement Agent rejects any purchase for which the Escrow Agent has not yet collected funds but has submitted the purchaser’s check for collection, the Escrow Agent shall promptly issue a
check in the amount of the purchaser’s check to the rejected purchaser after the Escrow Agent has cleared such funds. If the Escrow Agent has not yet submitted a rejected purchaser’s check for collection, the Escrow Agent shall promptly
remit the purchaser’s check directly to the purchaser. 
 6. Delivery of Escrow Account. 

(a) Prior to the Closing (as defined in Section 8 of this Agreement), the Placement Agent and the Company shall provide the Escrow
Agent with a statement, executed by each party, containing the following information: 
 (i) The total number of Shares sold by
the Placement Agent directly to purchasers and a list of each purchaser, and the number of Shares purchased by such purchaser, and specification of the manner in which the Shares should be issued; and 

(ii) A calculation by the Placement Agent and the Company as to the manner in which the Escrow Account should be distributed to the
Company and the Placement Agent and in the event of oversubscription or rejection of certain purchasers, the aggregate amount to be returned to individual purchasers and a listing of the exact amount to be returned to each such purchaser.

 The Escrow Agent shall hold the Escrow Account and distribute it in accordance with the above-described statement on the date
of Closing or such later date that it receives the above-described statement. 
 (b) Upon termination of the Offering by the
Company or the Placement Agent for any reason, the Escrow Agent shall return to the purchasers who contributed to the Escrow Account the exact amount contributed by them. 

7. Investment of Escrow Account. The Escrow Agent shall deposit funds received from purchasers in the Escrow Account, which shall
be a non-interest-bearing bank account at SunTrust Bank. 
  

 2 

 8. Closing Date. The “Closing” shall be the date of closing of the
Offering, and the “Closing Date” shall be the date on or subsequent to the date on which the Escrow Agent has received minimum deposits of at least $10,002,000 in collected funds that is designated to the Escrow Agent by the Placement
Agent and the Company as the Closing Date. 
 9. Compensation of Escrow Agent. The Company shall pay the Escrow Agent a
fee for its services hereunder in an amount equal to One Thousand Five Hundred Dollars ($1,500), which amount shall be paid on the Closing Date. In the event the Offering is canceled for any reason, the Company shall pay the Escrow Agent its fee
within ten (10) days after the Escrow Amount is refunded to purchasers. No such fee or any other monies whatsoever shall be paid out of or chargeable to the funds on deposit in the Escrow Account. 

10. Disbursement into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent and/or the
purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole
satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent have not within 30 days of the furnishing by the
Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions: 

(a) suspend the performance of any of its obligations under this Escrow Agreement until such dispute or uncertainty shall be resolved to
the sole satisfaction of the Escrow Agent or until a successor Escrow Agent shall have been appointed (as the case my be); provided however, that the Escrow Agent shall continue to hold the Escrow Amount in accordance with Section 7
hereof; and/or 
 (b) petition (by means of an interpleader action or any other appropriate method) any court of competent
jurisdiction in Richmond, Virginia, for instructions with respect to such dispute or uncertainty, and pay into court all funds held by it in the Escrow Account for holding and disposition in accordance with the instructions of such court.

 The Escrow Agent shall have no liability to the Company, the Placement Agent or any other person with respect to any such
suspension of performance or disbursement into court, specifically including any liability or claimed liability that may arise, or be alleged to have arisen, out of or as a result of any delay in the disbursement of funds held in the Escrow Account
or any delay in or with respect to any other action required or requested of the Escrow Agent. 
 11. Duties and Rights of
the Escrow Agent. The foregoing agreements and obligations of the Escrow Agent are subject to the following provisions: 

(a) The Escrow Agent’s duties hereunder are limited solely to the safekeeping of the Escrow Account in accordance with the terms of
this Agreement. It is agreed that the duties of the Escrow Agent are only such as herein specifically provided, being purely of a ministerial nature, and the Escrow Agent shall incur no liability whatsoever except for negligence, willful misconduct
or bad faith. 
 (b) The Escrow Agent is authorized to rely on any document believed by the Escrow Agent to be authentic in
making any delivery of the Escrow Account or the certificates representing the Shares. It shall have no responsibility for the genuineness or the validity of any document or any other item deposited with it and it shall be fully protected in acting
in accordance with this Agreement or instructions received. 
 (c) The Company and the Placement Agent hereby waive any suit,
claim, demand or cause of action of any kind which they may have or may assert against the Escrow Agent arising out of or relating to the execution or performance by the Escrow Agent of this Agreement, unless such suit, claim, demand or cause of
action is based upon the gross negligence, willful misconduct, or bad faith of the Escrow Agent. 
  

 3 

 12. Notices. It if further agreed as follows: 

(a) All notices given hereunder will be in writing, served by registered or certified mail, return receipt requested, postage prepaid,
express courier, or by hand-delivery, to the parties at the following addresses: 
 to the Company: 

Tai Shan Communications, Inc. 

1366 Zhongtianmen Dajie 

Xinghuo Science and Technology Park 

Hich-Tech Zone 

Taian City, Shandong Province 

People’s Republic of China 271000 

Attention: Gary Wang, Chief Executive Officer 

to the Placement Agent: 

Anderson & Strudwick, Incorporated 

707 East Main Street,
20th Floor 

Richmond, Virginia 23219 

Attention: L. McCarthy Downs, III 

Facsimile: (804) 648-3404 

with copy to: 

Kaufman & Canoles, P.C. 

Three James Center 

1051 East Cary Street 

12th
 Floor 
 Richmond, Virginia 23219 

Attention: Bradley A. Haneberg, Esq. 

to the Escrow Agent: 

SunTrust Bank 

919 East Main Street 

7th
 Floor 
 Richmond, Virginia 23219 

Attention: Matthew Ward 

13. Miscellaneous. 

(a) This Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective
successors and assigns. 
 (b) If any provision of this Agreement shall be held invalid by any court of competent jurisdiction,
such holding shall not invalidate any other provision hereof. 
 (c) This Agreement shall be governed by the applicable laws of
the Commonwealth of Virginia. 
 (d) This Agreement may not be modified except in writing signed by the parties hereto.

 (e) All demands, notices, approvals, consents, requests and other communications hereunder shall be given in the manner
provided in this Agreement. 
 (f) This Agreement may be executed in one or more counterparts, and if executed in more than one
counterpart, the executed counterparts shall together constitute a single instrument. 
  

 4 

 [Tai Shan Communications, Inc.— Escrow Agreement Execution Page]

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in their respective names, all as of
the date first above written. 
  

			
	ANDERSON & STRUDWICK, INCORPORATED
		
	By:	 	 
		 	 L. McCarthy Downs, III

Managing Director

	
	TAI SHAN COMMUNICATIONS, INC.
		
	By:	 	 
	Name:	 	Gary Wang
	Title:	 	Chief Executive Officer
	
	SUNTRUST BANK
		
	By:	 	 
	Name:	 	Matthew Ward
	Title:	 	Assistant Vice President

  

 5Oracle Corporation Executive Bonus Plan

 Exhibit 10.29 
 ORACLE CORPORATION 
 EXECUTIVE BONUS PLAN 

1. ESTABLISHMENT AND PURPOSE 
 1.1 Purpose. The purpose of the Oracle Corporation Executive Bonus Plan (the “Plan”) is to motivate certain executives to achieve financial performance objectives and to reward
them when such objectives are met. To this end, the Plan provides a means of rewarding Participants based on the performance of the Company and/or its lines of business or business units and, where applicable, on a Participant’s personal
performance. The Plan is intended to permit the payment of bonuses that are deductible to the maximum extent possible as “performance-based compensation” under Section 162(m) of the Code. 

1.2 Effective Date. The Plan is effective as of July 12, 2010, subject to ratification by an affirmative vote of a
majority of the shares of the Company’s common stock that are present in person or represented by proxy and entitled to vote at the Company’s 2010 Annual Meeting of Stockholders. 
 2. DEFINITIONS 
 2.1. “Actual Award” shall mean an
incentive award earned by a Participant under the Plan for any Performance Period. 
 2.2.
“Affiliate” shall mean any corporation or other entity (including, but not limited to, partnerships and join ventures) controlled by the Company. 

2.3. “Board” shall mean the Company’s Board of Directors. 

2.4. “Code” shall mean the Internal Revenue Code of 1986, as amended. Reference to a specific section of the Code
or regulation thereunder shall include such section or regulation, any valid regulation promulgated under such section, and any comparable provision of any future legislation or regulation amending, supplementing or superseding such section or
regulation. 
 2.5. “Committee” shall mean the Compensation Committee of the Board. 

2.6. “Company” shall mean Oracle Corporation, a Delaware corporation, and any successor corporation. 

2.7. “Determination Date” shall mean the latest possible date that will permit a Target Award or Actual Award to
be qualified as performance-based compensation under Section 162(m) of the Code. 
 2.8. “Effective
Date” shall have the meaning given to it in Section 1.2. 
 2.9. “GAAP” shall mean
generally accepted accounting principles in the United States. 

 2.10. “Maximum Award” shall mean as to any Participant for any one
year Performance Period, an amount not to exceed $15,000,000; such Maximum Award shall be adjusted upwards or downwards on a pro rata basis to reflect a Performance Period longer or shorter than one year. 

2.11. “Participant” for any Performance Period, shall mean an officer of the Corporation or its subsidiaries who
is designated by the Committee to participate in the Plan. 
 2.12. “Payout Formula” as to any
Performance Period, shall mean the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to
Participant. 
 2.13. “Performance Goals” shall mean means the goal(s) (or combined goal(s)) determined
by the Committee (in its discretion) to be applicable to a Participant for a Target Award for a Performance Period. As determined by the Committee, the Performance Goals for any Target Award applicable to a Participant may provide for a targeted
level or levels of achievement using one or more of the following measures: (a) bookings, (b) cash flow, operating cash flow, or cash flow or operating cash flow per share (before or after dividends), (c) customer growth,
(d) earnings per share, (e) EBITDA (earnings before interest, taxes, depreciation and amortization), (f) net income, (g) net or gross sales, (h) operating expenses, (i) operating income, (j) operating or gross
margin, (k) profit margins, (l) profits, (m) reduction in costs/budget attainment, (n) return on assets, (o) return on equity, (p) return on sales, (q) revenue, (r) total return to stockholders, (s) stock
price, and (t) working capital. Any criteria used may be measured, as applicable, (i) in absolute terms, (ii) in relative terms, including, but not limited, passage of time (such as year over year growth) and/or against another
company or a comparison group of companies designated by the Committee, (iii) on a per-share basis, (iv) against the performance of the Company as a whole or one or more identifiable business units, products, lines of business or segments
of the Company, (v) on a pre-tax or after-tax basis, and/or (vi) on a GAAP or non-GAAP basis. Prior to the Determination Date, the Committee shall determine whether any element(s) (for example, but not by way of limitation, the effect of
acquisitions) shall be included in or excluded from the calculation of any Performance Goal with respect to any Participants, regardless of whether such determinations result in any Performance Goal being measured on a basis other than GAAP.

 2.14. “Performance Period” shall generally mean the fiscal year of the Company but it may also mean
any such other period of time which may be as short as three months but shall not exceed three fiscal years, as designated by the Committee in its sole discretion with respect to which an Actual Award may be earned. With respect to any Participant,
there shall exist no more than three Performance Periods at any one time. 
 2.15. “Plan” shall mean
this Oracle Corporation Executive Bonus Plan, as set forth in this document and as hereafter amended from time to time. 
 2.16.
“Target Award” shall mean the target award payable under the Plan to a Participant for the Performance Period expressed as a specific dollar amount, as determined by the Committee in accordance with Section 3.3.

  

 2 

 3. SELECTION OF PARTICIPANTS AND DETERMINATION OF AWARDS 

3.1. Selection of Participants. The Committee, in its sole discretion, shall select the officers who shall be
Participants for any Performance Period. Participation in the Plan is in the sole discretion of the Committee, and on a Performance Period by Performance Period basis. Accordingly, an officer who is a Participant for a given Performance Period in no
way is guaranteed or assured of being selected for participation in any subsequent Performance Period. 
 3.2.
Determination of Performance Goals. The Committee, in its sole discretion, shall establish the Performance Goals for all eligible Participants for the Performance Period. Such Performance Goals shall be set forth in writing.

 3.3. Determination of Target Awards. Each Participant’s Target Award shall be determined by the Committee
in its sole discretion and each Target Award shall be set forth in writing. 
 3.4. Determination of Payout Formula or
Formulae. The Committee, in its sole discretion, shall establish a Payout Formula or Formulae for purposes of determining the Actual Award (if any) payable to each Participant. Each Payout Formula shall (a) be in writing, (b) be
based on a comparison of actual performance to the Performance Goals, (c) provide for the payment of a Participant’s Target Award if the Performance Goals for the Performance Period are achieved, and (d) provide for an Actual Award
greater than or less than the Participant’s Target Award, depending upon the extent to which actual performance exceeds or falls below the Performance Goals. Notwithstanding the preceding, in no event shall a Participant’s Actual Award for
any Performance Period exceed his or her Maximum Award. 
 3.5. Date for Determinations. The Committee shall make
all determinations under Sections 3.1 through 3.4 on or before the Determination Date. 
 3.6. Determination of Actual
Awards. After the end of each Performance Period, the Committee shall certify in writing the extent to which the Performance Goals applicable to each Participant for the Performance Period were achieved or exceeded. The Actual Award for each
Participant shall be determined by applying the Payout Formula to the level of actual performance that has been certified by the Committee. Notwithstanding any contrary provision of the Plan, the Committee, in its sole discretion, may eliminate or
reduce the Actual Award payable to any Participant below that which otherwise would be payable under the Payout Formula, including discretion that is exercised through the establishment of additional objective or subjective goals. 

3.7. Termination Prior to the Date the Actual Award is Paid. In order to be eligible for an Actual Award, a Participant
must be actively employed by the Company or a subsidiary through the date of payment of an Actual Award. If a Participant’s employment terminates for any reason prior to such date, the Participant will not be eligible for an Actual Award and no
such award will be paid to the Participant. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its subsidiaries or Affiliates (or between subsidiaries or Affiliates) shall not be deemed a termination
of employment. 
  

 3 

 3.8. Leave of Absence. If a Participant is on a leave of absence at any time
during a Performance Period, the Committee may reduce his or her Actual Award proportionately based on the duration of the leave of absence (and subject to further reduction or elimination under Sections 3.6 and 3.7). 

4. PAYMENT OF AWARDS 

4.1. Rights to Receive Payments. Each Actual Award that may become payable under the Plan shall be paid solely from the
general assets of the Company or subsidiary that employs the Participant (as the case may be), as determined by the Committee. Nothing in this Plan shall be construed to create a trust or to establish or evidence any Participant’s claim of any
right to payment of an Actual Award other than as an unsecured general creditor with respect to any payment to which he or she may be entitled. 
 4.2. Timing and Form of Payment. Payment of each Actual Award shall be made as soon as administratively practicable but in any event within two and one-half calendar months after the end of
the Performance Period during which the Actual Award was earned (in the case of any Performance Period based on a fiscal year, by August 15th thereafter). Each Actual Award shall be paid in cash (or its equivalent) in a single lump sum unless such amounts are
otherwise deferred in accordance with Section 7.2. 
 5. ADMINISTRATION 

5.1. Administrator. The Plan shall be administered by the Committee. The Committee shall consist of two or more persons
appointed by the Board, all of whom shall be “outside directors” as defined under Section 162(m) of the Code and related regulations. Notwithstanding the foregoing, the failure of a Committee member to qualify as an “outside
director” shall not invalidate the payment of any Actual Award under the Plan. 
 5.2. Committee Authority.
The Committee shall have all discretion and authority necessary or appropriate to administer the Plan and to interpret the provisions of the Plan, consistent with qualification of the Plan as performance-based compensation under Section 162(m)
of the Code. All determinations and decisions made by the Committee, the Board, and any delegate of the Committee pursuant to the provisions of the Plan shall be final, conclusive, and binding on all persons, and shall be given the maximum deference
permitted by law. 
 5.3. Delegation by the Committee. The Committee, in its sole discretion and on such terms and
conditions as it may provide, may delegate all or part of its authority and powers under the Plan to one or more directors and/or officers of the Company; provided, however, that the Committee may not delegate its authority and/or powers with
respect to awards that are intended to qualify as performance-based compensation under Section 162(m) of the Code. 
 6. AMENDMENT,
TERMINATION AND DURATION 
 6.1. Amendment, Suspension or Termination. The Board or the Committee, each in its
sole discretion, may amend or terminate the Plan, or any part thereof, at any time and for any reason. The amendment, suspension or termination of the Plan shall not, without the consent of 

 

 4 

 
the Participant, alter or impair any rights or obligations under any Target Award theretofore granted to such Participant. No Actual Award may be granted during any period of suspension or after
termination of the Plan. 
 6.2. Duration of the Plan. The Plan shall commence on the date specified herein, and
subject to Section 6.1 (regarding the Board or the Committee’s right to amend or terminate the Plan), shall remain in effect thereafter. As long as the Plan remains in effect, it shall be resubmitted to stockholders at least every five
years as required by Section 162(m) of the Code. 
 7. MISCELLANEOUS PROVISIONS 

7.1. Tax Withholding. The Company or a subsidiary shall withhold all applicable taxes from any Actual Award, including any
federal, state and local taxes (including, but not limited to, the Participant’s FICA and SDI obligations); notwithstanding the foregoing, if a Participant defers receipt of payment in accordance with Section 7.2, the Company or a
subsidiary shall withhold from the Actual Award only applicable taxes as then required by law. 
 7.2. Deferrals.
The Committee, in its sole discretion, may permit a Participant to defer receipt of the payment of cash that would otherwise be delivered to a Participant under the Plan under the Company’s Deferred Compensation Plan (or any similar successor
plan). Any such deferral elections shall be made in compliance with Section 409A of the Code. 
 7.3. No Employment
Right. Nothing in the Plan shall interfere with or limit in any way the right of the Company, a subsidiary of the Company or an Affiliate, as applicable, to terminate any Participant’s employment or service at any time, with or without
cause. The Company expressly reserves the right, which may be exercised at any time and without regard to when (whether during or after a Performance Period) such exercise occurs, to terminate any individual’s employment with or without cause,
and to treat him or her without regard to the effect which such treatment might have upon him or her as a Participant. 
 7.4.
Participation. No executive shall have the right to be selected to receive an award under this Plan, or, having been so selected, to be selected to receive a future award. 

7.5. Indemnification. Each person who is or shall have been a member of the Committee, or of the Board, shall be
indemnified and held harmless by the Company against and from (a) any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit, or proceeding to
which he or she may be a party or in which he or she may be involved by reason of any action taken or failure to act under the Plan or any award, and (b) from any and all amounts paid by him or her in settlement thereof, with the Company’s
approval, or paid by him or her in satisfaction of any judgment in any such claim, action, suit, or proceeding against him or her, provided he or she shall give the Company an opportunity, at its own expense, to handle and defend the same before he
or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which such persons may be entitled under the Company’s Certificate of
Incorporation or Bylaws, by contract, as a matter of law, or otherwise, or under any power that the Company may have to indemnify them or hold them harmless. 
  

 5 

 7.6. Successors. All obligations of the Company under the Plan, with respect
to awards granted hereunder, shall be binding on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business
or assets of the Company. 
 7.7. Nontransferability of Awards. No award granted under the Plan may be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated. All rights with respect to an award granted to a Participant shall be available during his or her lifetime only to the Participant. 

7.8. Section 162(m) Conditions; Bifurcation of Plan. It is the intent of the Company that the Plan and the awards
under the Plan to Participants who are or may become persons whose compensation is subject to Section 162(m) of the Code, satisfy any applicable requirements of Section 162(m) of the Code. Any provision, application or interpretation of
the Plan inconsistent with this intent shall be disregarded. However, the Company may also pay discretionary bonuses, or other types of compensation outside the Plan, which may or may not be deductible. The provisions of the Plan may be bifurcated
by the Board or the Committee at any time so that certain provisions of the Plan, or any award, required in order to satisfy the requirements of Section 162(m) of the Code are only applicable to Participants whose compensation is subject to
Section 162(m) of the Code. 
 7.9. Section 409A. To the extent that any Actual Bonus under the Plan is
subject to Section 409A of the Code, the terms and administration of such Actual Award shall comply with the provisions of such section and good faith reasonable interpretations thereof, and, to the extent necessary to achieve compliance, shall
be modified, replaced or terminated at the discretion of the Committee. 
 7.10. Severability. In the event any
provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been
included. 
 7.11. Captions. Captions are provided herein for convenience only, and shall not serve as a basis for
interpretation or construction of the Plan. 
  

 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]