Document:

EX-10.16

 Exhibit 10.16 

EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT (the “Agreement”) is effective as of March 1, 2015 (the “Effective Date”), by and between BKFS I Management, Inc., a Delaware corporation (the “Company”) and Michael L. Gravelle (the
“Employee”). In consideration of the mutual covenants and agreements set forth herein, the parties agree as follows: 
 1.
Purpose. The purpose of this Agreement is to recognize Employee’s significant contributions to the overall financial performance and success of the Company to protect the Company’s business interests through the addition of
restrictive covenants, and to provide a single, integrated document which shall provide the basis for Employee’s continued employment by the Company. 

2. Employment and Duties. Subject to the terms and conditions of this Agreement, as of the Effective Date, the Company employs Employee
as Executive Vice President, General Counsel and Corporate Secretary of Black Knight Financial Services, Inc. and Black Knight Financial Services, LLC, or in such other capacity as may be mutually agreed upon by the parties. Employee accepts such
employment and appointments and agrees to undertake and discharge the duties, functions and responsibilities commensurate with the aforesaid positions and such other duties and responsibilities as may be prescribed from time to time by the Company
consistent with the aforesaid positions. Employee shall be required to comply with the Company’s employee policies applicable to him and the Company employees generally as from time to time enacted. During the Employment Term, Employee shall
devote substantially all business time, attention and effort to the performance of duties hereunder and shall not engage in any business, profession or occupation, for compensation or otherwise without the express written consent of the Company,
other than personal, personal investment, charitable, or civic activities or other matters that do not conflict with Employee’s duties. The Company acknowledges and agrees that Employee may serve as a non-executive employee of Fidelity National
Information Services, Inc., Executive Vice President, General Counsel and Corporate Secretary of Fidelity National Financial, Inc. (“FNF”) and receive an annual salary of $352,000 and a bonus opportunity at target under FNF’s annual
incentive plan of 100% of salary, and in other unpaid non-competitor companies 
 3. Term. The term of this Agreement shall commence
on the Effective Date and shall continue for a period of three (3) years ending on the third anniversary of the Effective Date, subject to prior termination as set forth in Section 8 (the “Employment Term”). 

4. Salary. During the Employment Term, the Company shall pay Employee an annual base salary, before deducting all applicable
withholdings, of $148,000 per year, payable at the time and in the manner dictated by the Company’s standard payroll policies. Such minimum annual base salary may be periodically reviewed and increased (but not decreased without Employee’s
express written consent except in the case of a salary decrease for all executive officers of the Company) at the discretion of the Company (such annual base salary, including any increases, the “Annual Base Salary”). 

  
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 5. Other Compensation and Benefits. During the Employment Term: 

 

	 	(a)	Benefits. Employee shall be eligible to receive standard medical and other insurance coverage (for Employee and any covered dependents) provided by the Company to employees generally; and 

 

	 	(b)	Annual Bonus Opportunity. Employee shall be eligible to receive an annual incentive bonus opportunity under the Black Knight Financial Services I, LLC’s (“BKFS I”) annual incentive plan for each
calendar year included in the Employment Term during which Employee is an employee of the Company, including a bonus for the full twelve month period for calendar year 2015 (“Annual Bonus”). Employee’s target Annual Bonus shall be
100% of the Employee’s then current Annual Base Salary and Employee’s maximum Annual Bonus shall be 200% of the Employee’s then current Annual Base Salary (the Annual Bonus is referred to as the “Annual Bonus Opportunity”).
Employee’s Annual Bonus Opportunity may be periodically reviewed and increased by the Company, but may not be decreased without Employee’s express written consent. Employee’s Annual Bonus is subject to the Company’s and Fidelity
National Financial, Inc.’s (“FNF”) clawback policy, pursuant to which the Company and FNF may recoup all or a portion of any bonus paid if, after payment, there is a finding of fraud, a restatement of financial results, or errors or
omissions discovered that the Compensation Committee determines negatively affects the business results on which the bonus was based. If owed pursuant to the terms of the plan, the Annual Bonus shall be paid no later than the March 15th first
following the calendar year to which the Annual Bonus relates. Except as otherwise provided otherwise herein or if the Board of Directors of the Company or the Compensation Committee of the Company’s Board of Directors determines otherwise, no
Annual Bonus shall be paid to Employee unless Employee is employed by the Company or an affiliate thereof, on the last day of the measurement period; provided, however, that Employee shall remain eligible for a pro-rata Annual Bonus based on
Employee’s period of employment with the Company during the final year of the Employment Term, if the Employment Term ends prior to the end of the calendar year by the Company’s decision not to renew the Agreement, or by not offering to
renew the agreement on substantially similar terms and conditions. 

 6. Vacation. For and during each calendar year
within the Employment Term, Employee shall be entitled to paid vacation plus recognized Company holidays in accordance with the Company’s vacation policy. 

7. Expense Reimbursement. In addition to the compensation and benefits provided herein, the Company shall, upon receipt of appropriate
documentation, 

  
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reimburse Employee each month for reasonable travel, lodging, entertainment, promotion and other ordinary and necessary business expenses incurred during the Employment Term to the extent such
reimbursement is permitted under the Company’s expense reimbursement policy. The Company shall be entitled to deduct from Employee’s salary or other payments due to Employee, any money the Employee owes to the Company, including any
expenses wrongfully reimbursed as business expenses in an amount equal to the total value of such expenses. 
 8. Termination of
Employment. During the period of Employee’s employment with the Company, the Company or Employee may terminate Employee’s employment at any time and for any reason in accordance with Subsection (a) below. The Employment Term shall
be deemed to have ended on the last day of Employee’s employment. The Employment Term shall terminate automatically upon Employee’s death. 
  

	 	(a)	Notice of Termination. Any purported termination of Employee’s employment (other than by reason of death) shall be communicated by written Notice of Termination (as defined herein) from one party to the
other in accordance with the notice provisions contained in this Agreement. For purposes of this Agreement, a “Notice of Termination” shall mean a notice that indicates the “Date of Termination” and, with respect to a termination
due to “Cause”, “Disability” or “Good Reason”, sets forth in reasonable detail the facts and circumstances that are alleged to provide a basis for such termination. A Notice of Termination from the Company shall specify
whether the termination is with or without Cause or due to Employee’s Disability. A Notice of Termination from Employee shall specify whether the termination is with or without Good Reason. 

 

	 	(b)	Date of Termination. For purposes of this Agreement, “Date of Termination” shall mean the date specified in the Notice of Termination (but in no event shall such date be earlier than the thirtieth (30th) day following the date the Notice of Termination is given) or the date of Employee’s death. If the Company disagrees with an Employee’s designated Date of Termination, the Company
shall have the right to set an alternative earlier final Date of Termination, which, in and of itself, shall not change the characterization of the termination (e.g., from an Employee Termination Without Good Reason to a Company Termination Without
Cause). 

  

	 	(c)	No Waiver. The failure to set forth any fact or circumstance in a Notice of Termination, which fact or circumstance was not known to the party giving the Notice of Termination when the notice was given, shall not
constitute a waiver of the right to assert such fact or circumstance in an attempt to enforce any right under or provision of this Agreement. 

  

	 	(d)	 Cause. For purposes of this Agreement, a termination for “Cause” means a termination by the Company based upon Employee’s:
(i) persistent 

  
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failure to perform duties consistent with a commercially reasonable standard of care (other than due to a physical or mental impairment or due to an action or inaction directed by the Company
that would otherwise constitute Good Reason); (ii) willful neglect of duties (other than due to a physical or mental impairment or due to an action or inaction directed by the Company that would otherwise constitute Good Reason);
(iii) conviction of, or pleading nolo contendere to, criminal or other illegal activities involving dishonesty or moral turpitude; (iv) material breach of this Agreement; (v) material breach of the Company’s business policies,
accounting practices or standards of ethics; (vi) material breach of any applicable non-competition, non-solicitation, trade secrets, confidentiality or similar restrictive covenant, or (vii) failure to materially cooperate with or
impeding an investigation authorized by the Board of Directors of the Company. Employee’s termination for Cause shall not be effective unless the Company has given Employee no less than thirty days’ notice of termination and the actions
underlying its Cause determination, and Employee has failed to cure the condition or event constituting Cause to the Board’s reasonable satisfaction within thirty days following receipt of the Company’s Notice of Termination.

  

	 	(e)	Disability. For purposes of this Agreement, a termination based upon “Disability” means a termination by the Company based upon Employee’s entitlement to long-term disability benefits under the
Company’s long-term disability plan or policy, as the case may be, as in effect on the Date of Termination. 

  

	 	(f)	Good Reason. For purposes of this Agreement, a termination for “Good Reason” means a termination by Employee based upon the occurrence (without Employee’s express written consent) of any of the
following: 

  

	 	(i)	a material change in the geographic location of Employee’s principal working location, which the Company has determined to be a relocation of more than thirty-five (35) miles; 

 

	 	(ii)	a material diminution in Employee’s title, Annual Base Salary or Annual Bonus Opportunity; or 

  

	 	(iii)	a material breach by the Company of any of its respective obligations under this Agreement. 

 Notwithstanding
the foregoing, Employee being placed on a paid leave for up to sixty (60) days pending a determination of whether there is a basis to terminate Employee for Cause shall not constitute Good Reason. Employee’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; provided, however, that no such event described above shall constitute Good Reason unless: (1) Employee gives Notice of
Termination to the Company specifying the condition or event relied upon for such termination within 

  
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ninety (90) days of the initial existence of such event and (2) the Company fails to cure the condition or event constituting Good Reason within thirty (30) days following receipt
of Employee’s Notice of Termination. For terminations for Good Reason under Sections 8(f)(ii)-(iii) above, the parties agree that if FNF or Fidelity National Information Services, Inc. offers a reasonably comparable employment position to
Employee containing at least the same aggregate financial compensation terms within the above 30 day cure period, the Company shall have cured the condition or event constituting Good Reason. 

9. Obligations of the Company Upon Termination. 
  

	 	(a)	Termination by the Company for a Reason Other than Cause, Death or Disability and Termination by Employee for Good Reason. If Employee’s employment is terminated during the Employment Term by:
(1) the Company for any reason other than Cause, Death or Disability; or (2) Employee for Good Reason: 

  

	 	(i)	The Company shall pay Employee the following (collectively, the “Accrued Obligations”): (A) within five (5) business days after the Date of Termination, any earned but unpaid Annual Base Salary;
(B) within a reasonable time following submission of all applicable documentation, any expense reimbursement payments owed to Employee for expenses incurred prior to the Date of Termination; and (C) no later than March 15th of the
year in which the Date of Termination occurs, any earned but unpaid Annual Bonus payments relating to the prior calendar year; 

  

	 	(ii)	The Company shall pay Employee no later than March 15th of the calendar year following the year in which the Date of Termination occurs, a prorated Annual Bonus
based upon the actual Annual Bonus that would have been earned by Employee for the year in which the Date of Termination occurs, ignoring any requirement under the Annual Bonus Plan that Employee must be employed on the payment date (using
Employee’s Annual Bonus Opportunity for the prior year if no Annual Bonus Opportunity has been approved for the year in which the Date of Termination occurs), multiplied by the percentage of the calendar year completed before the Date of
Termination; 

  

	 	(iii)	Subject to Section 26(b) hereof, the Company shall pay Employee as soon as practicable, but not later than the sixty-fifth (65th) day after the Date of Termination, a lump-sum payment equal to 200% of the sum
of: (A) Employee’s Annual Base Salary in effect immediately prior to the Date of Termination); and (B) the target Annual Bonus in the year in which the Date of Termination occurs; 

 

	 	(iv)	 Subject to Section 26(b) hereof, any life insurance coverage provided by the Company shall terminate at the same time as life

  
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insurance coverage would normally terminate for any other employee that terminates employment with the Company. Employee shall have the right to convert that life insurance coverage to an
individual policy under the regular rules of the Company’s group policy. As soon as practicable, but not later than the sixty-fifth (65th) day after the Date of Termination, the Company shall pay Employee a lump sum cash payment equal to
thirty-six monthly life insurance premiums based on the monthly premiums that would be due assuming that Employee had converted to the Company’s life insurance coverage that was in effect on the Notice of Termination into an individual policy;
and 

  

	 	(v)	As long as Employee pays the full monthly premiums for COBRA coverage to the Company, the Company shall provide Employee and, as applicable, Employee’s eligible dependents with continued medical and dental
coverage, on the same basis as provided to the Company’s active executives and their dependents until the earlier of: (i) 36 months after the Date of Termination; or (ii) the date Employee is first eligible for medical and
dental coverage (without pre-existing condition limitations) with a subsequent employer. In addition, as soon as practicable, but not later than the sixty-fifth (65th) day after the Date of Termination, the Company shall pay Employee a lump sum
cash payment equal to thirty-six monthly medical and dental COBRA premiums based on the level of coverage in effect for the Employee (e.g., employee only or family coverage) on the Date of Termination. 

 

	 	(b)	Termination by the Company for Cause and by Employee without Good Reason. If Employee’s employment is terminated during the Employment Term by the Company for Cause or by Employee without Good Reason, the
Company’s only obligation under this Agreement shall be payment of any Accrued Obligations. 

  

	 	(c)	Termination due to Death or Disability. If Employee’s employment is terminated during the Employment Term due to death or Disability, the Company shall pay Employee (or to Employee’s estate or personal
representative in the case of death), as soon as practicable, but not later than the sixty-fifth (65th) day after the Date of Termination: (i) any Accrued Obligations; plus (ii) the amount of Employee’s accrued Annual Bonus as
contained on the internal books of the Company for the month in which the Date of Termination occurs. 

 10. Non-Delegation
of Employee’s Rights. The obligations, rights and benefits of Employee hereunder are personal and may not be delegated, assigned or transferred in any manner whatsoever, nor are such obligations, rights or benefits subject to involuntary
alienation, assignment or transfer. 

  
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 11. Confidential Information. Employee will occupy a position of trust and confidence and
will have access to and learn substantial information about the Company and its affiliates and their respective operations that is confidential or not generally known in the industry including, without limitation, information that relates to
purchasing, sales, customers, marketing, and the financial positions and financing arrangements of the Company and its affiliates. Employee agrees that all such information is proprietary or confidential, or constitutes trade secrets and is the sole
property of the Company and/or its affiliates, as the case may be. Employee will keep confidential and, outside the scope of Employee’s duties and responsibilities with the Company and its affiliates, will not reproduce, copy or disclose to any
other person or firm, any such information or any documents or information relating to the Company’s or its affiliates’ methods, processes, customers, accounts, analyses, systems, charts, programs, procedures, correspondence or records, or
any other documents used or owned by the Company or any of its affiliates, nor will Employee advise, discuss with or in any way assist any other person, firm or entity in obtaining or learning about any of the items described in this section.
Accordingly, during the Employment Term and at all times thereafter Employee will not disclose, or permit or encourage anyone else to disclose, any such information, nor will Employee utilize any such information, either alone or with others,
outside the scope of Employee’s duties and responsibilities with the Company and its affiliates. 
 12. Non-Competition. 

 

	 	(a)	During Employment Term. During the Employment Term Employee will devote such business time, attention and energies reasonably necessary to the diligent and faithful performance of the services to the Company and
its affiliates, and will not engage in any way whatsoever, directly or indirectly, in any business that is a direct competitor with the Company’s or its affiliates’ principal business, nor solicit customers, suppliers or employees of the
Company or its affiliates on behalf of, or in any other manner work for or assist any business which is a direct competitor with the Company’s or its affiliates’ principal business. In addition, during the Employment Term, Employee will
not combine or conspire with any other employee of the Company or any other person for the purpose of organizing any competitive business activity. 

  

	 	(b)	 After Employment Term. The parties acknowledge that Employee will acquire substantial knowledge and information concerning the business of the
Company and its affiliates as a result of employment. The parties further acknowledge that the scope of business in which the Company and its affiliates are engaged is national and very competitive and one in which few companies can successfully
compete. Competition by Employee in that business after the Employment Term would severely injure the Company and its affiliates. Accordingly, for a period of one year after Employee’s employment terminates for any reason whatsoever with the
Company, Employee agrees: (1) not to become an employee, consultant, advisor, principal, partner or substantial shareholder of any firm or business that directly competes with the Company or its affiliates in their

  
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principal products and markets; and (2), on behalf of any such competitive firm or business, not to solicit any person or business that was at the time of such termination and remains a customer
or prospective customer, a supplier or prospective supplier, or an employee of the Company or its affiliates. Working directly or indirectly for any of the following entities shall not be considered competitive to the Company or its affiliates for
the purpose of this Section: (i) Fidelity National Information Services, Inc., its affiliates or their successors or (ii) Fidelity National Financial, Inc., its affiliates or their successors. 

13. Return of the Company’s Documents. As soon as practicable following termination of the Employment Term, Employee shall
immediately return to the Company, or in the case of electronic records, delete under the Company’s supervision, all records and documents of or pertaining to the Company or its affiliates and shall not make or retain any copy or extract of any
such record or document, or any other property of the Company or its affiliates. 
 14. Improvements and Inventions. Any and all
improvements or inventions that Employee may make or participate in during the Employment Term, unless wholly unrelated to the business of the Company and its affiliates and not produced within the scope of Employee’s employment hereunder,
shall be the sole and exclusive property of the Company. Employee shall, whenever requested by the Company execute and deliver any and all documents that the Company deems appropriate in order to apply for and obtain patents or copyrights in
improvements or inventions or in order to assign and/or convey to the Company the sole and exclusive right, title and interest in and to such improvements, inventions, patents, copyrights or applications. 

15. Actions and Survival. The parties agree and acknowledge that the rights conveyed by this Agreement are of a unique and special
nature and that the Company will not have an adequate remedy at law in the event of a failure by Employee to abide by its terms and conditions, nor will money damages adequately compensate for such injury. Therefore, in the event of a breach of
Sections 11 through 14 of this Agreement by Employee, the Company shall have the right, among other rights, to damages sustained thereby and to an injunction or decree of specific performance from a court of competent jurisdiction to restrain or
compel Employee to perform as agreed herein without posting any bond. Notwithstanding any termination of this Agreement or Employee’s employment, Section 9 shall remain in effect until all obligations and benefits resulting from a
termination of Employee’s employment during the Employment Term are satisfied. In addition, Sections 10 through 26 shall survive the termination of this Agreement or Employee’s employment and shall remain in effect for the periods
specified therein or, if no period is specified, until all obligations thereunder have been satisfied. Nothing in this Agreement shall in any way limit or exclude any other right granted by law or equity to the Company. 

16. Release. Notwithstanding any provision herein to the contrary, the Company may require that, prior to payment, distribution or
other benefit under Section 9 of this Agreement (other than due to Employee’s death), Employee shall have executed a 

  
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complete release of the Company and its affiliates and related parties in such form as is reasonably required by the Company any waiting periods contained in such release shall have expired. With
respect to any release required to receive payments, distributions or other benefits owed pursuant to Section 9 of this Agreement, the Company must provide Employee with the form of release no later than seven (7) days after the Date of
Termination and the release must be signed by Employee and returned to the Company unchanged, effective and irrevocable, no later than sixty (60) days after the Date of Termination. 

17. No Mitigation. The Company agrees that, if Employee’s employment hereunder is terminated during the Employment Term, Employee
is not required to seek other employment or to attempt in any way to reduce any amounts payable to Employee by the Company hereunder. Further, the amount of any payment or benefit provided for hereunder shall not be reduced by any compensation
earned by Employee as the result of employment by another employer, by retirement benefits or otherwise. 
 18. Entire Agreement and
Amendment. This Agreement embodies the entire agreement and understanding of the parties hereto in respect of the subject matter of this Agreement, and supersedes and replaces all prior agreements, understandings and commitments with respect to
such subject matter. This Agreement may be amended only by a written document signed by all parties to this Agreement. 
 19. Governing
Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Agreement
to the substantive law of another jurisdiction. Any litigation pertaining to this Agreement shall be adjudicated in courts located in Duval County, Florida. 

20. Assignments and Successors. This Agreement may not be assigned by Employee. In addition to any obligations imposed by law upon any
successor to the Company, the Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the stock, business and/or assets of the Company 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 by a successor shall be a material
breach of this Agreement. Employee agrees and consents to any such assumption by a successor of the Company, as well as any assignment of this Agreement by the Company for that purpose. As used in this Agreement, the “Company” shall mean
the Company as herein before defined as well as any such successor that expressly assumes this Agreement or otherwise becomes bound by all of its terms and provisions by operation of law. This Agreement shall be binding upon and inure to the benefit
of the parties and their permitted successors or assigns. 
 21. Counterparts. This Agreement may be executed in counterparts, each
of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

  
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 22. Attorneys’ Fees. If any party finds it necessary to employ legal counsel or to
bring an action at law or other proceedings against the other party to interpret or enforce any of the terms hereof, the party prevailing in any such action or other proceeding shall be promptly paid by the other party its reasonable legal fees,
court costs and litigation expenses, all as determined by the court and not a jury, and such payment shall be made by the non-prevailing party within sixty (60) days of the date the right to the payment amount is so determined; provided,
however, that following Employee’s termination of employment with the Company if any party finds it necessary to employ legal counsel or to bring an action at law or other proceedings against the other party to interpret or enforce any of the
terms hereof, the Company shall pay (on an ongoing basis) to Employee to the fullest extent permitted by law, all legal fees, court costs and litigation expenses reasonably incurred by Employee or others on Employee’s behalf (such amounts
collectively referred to as the “Reimbursed Amounts”); provided, further, that Employee shall reimburse the Company for the Reimbursed Amounts if it is determined by a court of final adjudication that a majority of Employee’s claims
or defenses were frivolous or without merit. Requests for payment of Reimbursed Amounts, together with all documents required by the Company to substantiate them, must be submitted to the Company no later than ninety (90) days after the expense
was incurred. The Reimbursed Amounts shall be paid by the Company within ninety (90) days after receiving the request and all substantiating documents requested from Employee. The rights under this section shall survive the termination of
employment and this Agreement until the expiration of the applicable statute of limitations. 
 23. Severability. If any section,
subsection or provision hereof is found for any reason whatsoever to be invalid or inoperative, that section, subsection or provision shall be deemed severable and shall not affect the force and validity of any other provision of this Agreement. If
any covenant herein is determined by a court to be overly broad thereby making the covenant unenforceable, the parties agree and it is their desire that such court shall substitute a reasonable judicially enforceable limitation in place of the
offensive part of the covenant and that as so modified the covenant shall be as fully enforceable as if set forth herein by the parties themselves in the modified form. The covenants of Employee in this Agreement shall each be construed as an
agreement independent of any other provision in this Agreement, and the existence of any claim or cause of action of Employee against the Company whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by
the Company of the covenants in this Agreement. 
 24. Notices. Any notice, request, or instruction to be given hereunder shall be in
writing and shall be deemed given when personally delivered or three (3) days after being sent by United States Certified Mail, postage prepaid, with Return Receipt Requested, to the parties at their respective addresses set forth below: 

To the Company: 
 BKFS I
Management, Inc. 
 601 Riverside Avenue 

Jacksonville, FL 32204 

  
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 Attention: General Counsel 

To Employee: 
 To the address
last provided to the Company as recorded in the Company’s Human Resource system. 
 25. Waiver of Breach. The waiver by any
party of any provisions of this Agreement shall not operate or be construed as a waiver of any prior or subsequent breach by the other party. 

26. Tax. 
  

	 	(a)	Withholding. The Company or an affiliate thereof may deduct from all compensation and benefits payable under this Agreement any taxes or withholdings the Company is required to deduct pursuant to state, federal
or local laws. 

  

	 	(b)	 Section 409A. This Agreement and any payment, distribution or other benefit hereunder shall comply with the requirements of
Section 409A of the Code, as well as any related regulations or other guidance promulgated by the U.S. Department of the Treasury or the Internal Revenue Service (“Section 409A”), to the extent applicable. To the extent Employee is a
“specified employee” under Section 409A, no payment, distribution or other benefit described in this Agreement constituting a distribution of deferred compensation (within the meaning of Treasury Regulation Section 1.409A-1(b))
to be paid during the six-month period following a separation from service (within the meaning of Treasury Regulation Section 1.409A-1(h)) will be made during such six-month period. Instead, any such deferred compensation shall be paid on the
first business day following the six-month anniversary of the separation from service. In no event may Employee, directly or indirectly, designate the calendar year of a payment. Any provision that would cause this Agreement or a payment,
distribution or other benefit hereunder to fail to satisfy the requirements of Section 409A shall have no force or effect and, to the extent an amendment would be effective for purposes of Section 409A, the parties agree that this
Agreement shall be amended to comply with Section 409A. Such amendment shall be retroactive to the extent permitted by Section 409A. For purposes of this Agreement, Employee shall not be deemed to have terminated employment unless and
until a separation from service (within the meaning of Treasury Regulation Section 1.409A-1(h)) has occurred. All reimbursements and in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of
Section 409A, including, where applicable, the requirement that (i) any reimbursement shall be for expenses incurred during the time period specified in this Agreement, (ii) the amount of expenses eligible for reimbursement, or
in-kind benefits provided, during a calendar year may 

  
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not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year, (iii) the reimbursement of an eligible expense will be made not later than
the last day of the Employee’s taxable year following the taxable year in which such expense was incurred, and (iv) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.

 Excise Taxes. If any payments or benefits paid or provided or to be paid or provided to Employee or for
Employee’s benefit pursuant to the terms of this Agreement or otherwise in connection with, or arising out of, employment with the Company or its subsidiaries or the termination thereof (a “Payment” and, collectively, the
“Payments”) would be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then Employee may elect for such Payments to be reduced to one dollar less than the amount that would constitute a
“parachute payment” under Section 280G of the Code (the “Scaled Back Amount”). Any such election must be in writing and delivered to the Company within thirty (30) days after the Date of Termination. If Employee does
not elect to have Payments reduced to the Scaled Back Amount, Employee shall be responsible for payment of any Excise Tax resulting from the Payments and Employee shall not be entitled to a gross-up payment under this Agreement or any other for such
Excise Tax. If the Payments are to be reduced, they shall be reduced in the following order of priority: (i) first from cash compensation, (ii) next from equity compensation, then (iii) pro-rated among all remaining payments and
benefits. To the extent there is a question as to which Payments within any of the foregoing categories are to be reduced first, the Payments that will produce the greatest present value reduction in the Payments with the least reduction in economic
value provided to Employee shall be reduced first. 
 [Remainder of page is intentionally blank.] 

  
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 IN WITNESS WHEREOF the parties have executed this Agreement to be effective as of the date first
set forth above. 
  

			
	BKFS I Management, Inc.
		
	By:		 /s/ Tom Sanzone

	Its:		Chief Executive Officer and President
	
	Michael L. Gravelle
	
	 /s/ Michael L. Gravelle

 Signature Page to Employment Agreement 

  
 13EX-10.19

 Exhibit 10.19 

BLACK KNIGHT FINANCIAL SERVICES, INC. 

2015 OMNIBUS INCENTIVE PLAN 

(as of             , 2015) 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	Article 1.	 	Establishment, Objectives, and Duration	  	 	1	  
			
	1.1.	 	Establishment of the Plan	  	 	1	  
	1.2.	 	Objectives of the Plan	  	 	1	  
	1.3.	 	Duration of the Plan	  	 	1	  
			
	Article 2.	 	Definitions	  	 	1	  
			
	Article 3.	 	Administration	  	 	5	  
			
	3.1.	 	The Committee	  	 	5	  
	3.2.	 	Authority of the Committee	  	 	5	  
	3.3.	 	Decisions Binding	  	 	6	  
			
	Article 4.	 	Shares Subject to the Plan; Individual Limits; and Anti-Dilution Adjustments	  	 	6	  
			
	4.1.	 	Number of Shares Available for Grants	  	 	6	  
	4.2.	 	Individual Limits	  	 	7	  
	4.3.	 	Adjustments in Authorized Shares and Awards	  	 	7	  
			
	Article 5.	 	Eligibility and Participation	  	 	8	  
			
	5.1.	 	Eligibility	  	 	8	  
	5.2.	 	Actual Participation	  	 	8	  
			
	Article 6.	 	Options	  	 	8	  
			
	6.1.	 	Grant of Options	  	 	8	  
	6.2.	 	Award Agreement	  	 	8	  
	6.3.	 	Exercise Price	  	 	8	  
	6.4.	 	Duration of Options	  	 	8	  
	6.5.	 	Exercise of Options	  	 	9	  
	6.6.	 	Payment	  	 	9	  
	6.7.	 	Restrictions on Share Transferability	  	 	9	  
	6.8.	 	Dividend Equivalents	  	 	9	  
	6.9.	 	Termination of Employment or Service	  	 	9	  
	6.10.	 	Nontransferability of Options	  	 	10	  
			
	Article 7.	 	Stock Appreciation Rights	  	 	10	  
			
	7.1.	 	Grant of SARs	  	 	10	  
	7.2.	 	Exercise of Tandem SARs	  	 	10	  
	7.3.	 	Exercise of Freestanding SARs	  	 	10	  
	7.4.	 	Award Agreement	  	 	11	  
	7.5.	 	Term of SARs	  	 	11	  
	7.6.	 	Payment of SAR Amount	  	 	11	  
	7.7.	 	Dividend Equivalents	  	 	11	  
	7.8.	 	Termination of Employment or Service	  	 	11	  
	7.9.	 	Nontransferability of SARs	  	 	11	  

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	Article 8.	 	Restricted Stock	  	 	11	  
			
	8.1.	 	Grant of Restricted Stock	  	 	11	  
	8.2.	 	Award Agreement	  	 	12	  
	8.3.	 	Other Restrictions	  	 	12	  
	8.4.	 	Removal of Restrictions	  	 	12	  
	8.5.	 	Voting Rights	  	 	12	  
	8.6.	 	Dividends and Other Distributions	  	 	12	  
	8.7.	 	Termination of Employment or Service	  	 	12	  
	8.8.	 	Nontransferability of Restricted Stock	  	 	13	  
			
	Article 9.	 	Restricted Stock Units and Performance Shares	  	 	13	  
			
	9.1.	 	Grant of Restricted Stock Units/Performance Shares	  	 	13	  
	9.2.	 	Award Agreement	  	 	13	  
	9.3.	 	Form and Timing of Payment	  	 	13	  
	9.4.	 	Voting Rights	  	 	13	  
	9.5.	 	Dividend Equivalents	  	 	13	  
	9.6.	 	Termination of Employment or Service	  	 	14	  
	9.7.	 	Nontransferability	  	 	14	  
			
	Article 10.	 	Performance Units	  	 	14	  
			
	10.1.	 	Grant of Performance Units	  	 	14	  
	10.2.	 	Award Agreement	  	 	14	  
	10.3.	 	Value of Performance Units	  	 	14	  
	10.4.	 	Form and Timing of Payment	  	 	14	  
	10.5.	 	Dividend Equivalents	  	 	14	  
	10.6.	 	Termination of Employment or Service	  	 	15	  
	10.7.	 	Nontransferability	  	 	15	  
			
	Article 11.	 	Other Awards	  	 	15	  
			
	11.1.	 	Grant of Other Awards	  	 	15	  
	11.2.	 	Payment of Other Awards	  	 	15	  
	11.3.	 	Termination of Employment or Service	  	 	15	  
	11.4.	 	Nontransferability	  	 	15	  
	11.5.	 	LLC Conversion Awards	  	 	15	  
			
	Article 12.	 	Replacement Awards	  	 	15	  
			
	Article 13.	 	Performance Measures	  	 	16	  
			
	Article 14.	 	Beneficiary Designation	  	 	17	  
			
	Article 15.	 	Deferrals	  	 	17	  
			
	Article 16.	 	Rights of Participants	  	 	17	  
			
	16.1.	 	Continued Service	  	 	17	  
	16.2.	 	Participation	  	 	17	  

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	Article 17.	 	Change in Control	  	 	17	  
			
	Article 18.	 	Additional Forfeiture Provisions	  	 	17	  
			
	Article 19.	 	Amendment, Modification, Termination, and Stockholder Approval	  	 	18	  
			
	19.1.	 	Amendment, Modification, and Termination	  	 	18	  
	19.2.	 	Adjustment of Awards Upon the Occurrence of Certain Unusual or Nonrecurring Events	  	 	19	  
	19.3.	 	Awards Previously Granted	  	 	19	  
	19.4.	 	Compliance with the Performance-Based Exception	  	 	19	  
	19.5.	 	Stockholder Approval	  	 	19	  
			
	Article 20.	 	Withholding	  	 	19	  
			
	20.1.	 	Tax Withholding	  	 	19	  
	20.2.	 	Use of Shares to Satisfy Withholding Obligation	  	 	20	  
			
	Article 21.	 	Indemnification	  	 	20	  
			
	Article 22.	 	Successors	  	 	20	  
			
	Article 23.	 	Limitation on Dividends and Dividend Equivalents	  	 	21	  
			
	Article 24.	 	Minimum Vesting Period	  	 	21	  
			
	Article 25.	 	Legal Construction	  	 	21	  
			
	25.1.	 	Gender, Number and References	  	 	21	  
	25.2.	 	Severability	  	 	21	  
	25.3.	 	Requirements of Law	  	 	21	  
	25.4.	 	Governing Law	  	 	21	  
	25.5.	 	Non-Exclusive Plan	  	 	21	  
	25.6.	 	Code Section 409A Compliance	  	 	22	  

  
 -iii- 

 Black Knight Financial Services, Inc. 

2015 Omnibus Incentive Plan 

(as of             , 2015) 

Article 1. Establishment, Objectives, and Duration 

1.1. Establishment of the Plan. Black Knight Financial Services, Inc., a Delaware corporation (hereinafter referred to as the
“Company”), hereby establishes an incentive compensation plan to be known as the “Black Knight Financial Services, Inc. 2015 Omnibus Incentive Plan” (hereinafter referred to as the “Plan”), effective as of
            , 2015 (the “Effective Date”). The Plan permits the granting of Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted Stock,
Restricted Stock Units, Performance Shares, Performance Units, Replacement Awards and Other Awards. 
 1.2. Objectives of the
Plan. The objectives of the Plan are to optimize the profitability and growth of the Company through incentives that are consistent with the Company’s goals and that link the personal interests of Participants to those of the
Company’s stockholders. 
 The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract and
retain the services of Participants who make or are expected to make significant contributions to the Company’s success and to allow Participants to share in the success of the Company. 

1.3. Duration of the Plan. No Award may be granted under the Plan after the day immediately preceding the tenth anniversary of
the Effective Date, or such earlier date as the Board shall determine. The Plan will remain in effect with respect to outstanding Awards until no Awards remain outstanding. 

Article 2. Definitions 
 The following
terms, when capitalized, shall have the meanings set forth below: 
 2.1. “Award” means, individually or
collectively, Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares, Performance Units, and Other Awards granted under the Plan. 

2.2. “Award Agreement” means an agreement entered into by the Company and a Participant setting forth the terms and
provisions applicable to an Award. 
 2.3. “Beneficial Ownership” shall have the meaning ascribed to such term in
Rule 13d-3 of the General Rules and Regulations under the Exchange Act. 
 2.4. “Board” means the Board of Directors
of the Company. 

 2.5. “Change in Control” means that the conditions set forth in any one
of the following subsections shall have been satisfied: 
 (a) an acquisition immediately after which any Person, other than Fidelity
National Financial, Inc. (“Fidelity”), possesses direct or indirect Beneficial Ownership of 25% or more of either the then outstanding shares of Company common stock (the “Outstanding Company Common Stock”) or the combined voting
power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided that the following acquisitions shall be excluded: (i) any
acquisition directly from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the security being so converted was itself acquired directly from the Company, (ii) any acquisition by the Company,
(iii) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or a Subsidiary, or (iv) any acquisition pursuant to a transaction that complies with paragraphs (i), (ii) and (iii) of
subsection (c) of this Section 2.5; or 
 (b) during any period of two consecutive years, the individuals who, as of the beginning
of such period, constitute the Board (such Board shall be hereinafter referred to as the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided that for purposes of this Section 2.5, any
individual who becomes a member of the Board subsequent to the beginning of such period and whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least two-thirds of those individuals who are
members of the Board and who were also members of the Incumbent Board (or deemed to be such pursuant to this proviso) shall be considered as though such individual were a member of the Incumbent Board; provided, further, that any such individual
whose initial assumption of office occurs as a result of either an actual or threatened election contest or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board shall not be so considered as
a member of the Incumbent Board; or 
 (c) consummation of a reorganization, merger, share exchange, consolidation or sale or other
disposition of all or substantially all of the assets of the Company (“Corporate Transaction”); excluding, however, such a Corporate Transaction pursuant to which: 

(i) all or substantially all of the individuals and entities who have Beneficial Ownership, respectively, of the Outstanding
Company Common Stock and Outstanding Company Voting Securities immediately prior to such Corporate Transaction will have Beneficial Ownership, directly or indirectly, of more than 50% of, respectively, the outstanding shares of common stock and the
combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Corporate Transaction (including, without limitation, the Company or
a corporation that as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) (the “Resulting Corporation”) in substantially the same
proportions as their ownership, immediately prior to such Corporate Transaction, of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be; 

  
 2 

 (ii) no Person (other than (1) the Company, (2) Fidelity, (3) an
employee benefit plan (or related trust) sponsored or maintained by the Company, Resulting Corporation, or Fidelity, or (4) any entity controlled by the Company, Resulting Corporation, or Fidelity) will have Beneficial Ownership, directly or
indirectly, of 25% or more of, respectively, the outstanding shares of common stock of the Resulting Corporation or the combined voting power of the outstanding voting securities of the Resulting Corporation entitled to vote generally in the
election of directors, except to the extent that such ownership existed prior to the Corporate Transaction; and 
 (iii)
individuals who were members of the Incumbent Board will continue to constitute at least a majority of the members of the board of directors of the Resulting Corporation; or 

(d) the approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

2.6. “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

2.7. “Committee” means the entity, as specified in Section 3.1, authorized to administer the Plan. 

2.8. “Company” means Black Knight Financial Services, Inc., a Delaware corporation, and any successor thereto. 

2.9. “Consultant” means any consultant or advisor to the Company or a Subsidiary. 

2.10. “Director” means any individual who is a member of the Board of Directors of the Company or a Subsidiary. 

2.11. “Dividend Equivalent” means, with respect to Shares subject to an Award, a right to be paid an amount equal to
the dividends declared and paid on an equal number of outstanding Shares of the same class. 
 2.12. “Employee”
means any employee of the Company or a Subsidiary. 
 2.13. “Exchange Act” means the Securities Exchange Act of
1934, as amended from time to time. 
 2.14. “Exercise Price” means the price at which a Share may be purchased by a
Participant pursuant to an Option. 

  
 3 

 2.15. “Fair Market Value” means the fair market value of a Share as
determined in good faith by the Committee or pursuant to a procedure specified in good faith by the Committee; provided, however, that if the Committee has not specified otherwise, Fair Market Value shall mean the closing price of a Share as
reported in a consolidated transaction reporting system on the date of valuation, or, if there was no such sale on the relevant date, then on the last previous day on which a sale was reported. 

2.16. “Freestanding SAR” means an SAR that is granted independently of any Options, as described in Article 7 herein.

 2.17. “Incentive Stock Option” or “ISO” means an Option that is intended to meet the requirements of
Code Section 422. 
 2.18. “Nonqualified Stock Option” or “NQSO” means an Option that is not intended
to meet the requirements of Code Section 422. 
 2.19. “Option” means an Incentive Stock Option or a
Nonqualified Stock Option granted under the Plan, as described in Article 6 herein. 
 2.20. “Other Award” means a
cash, Share-based or Share-related Award (other than an Award described in Article 6, 7, 8, 9 or 10 of the Plan) that is granted pursuant to Article 11 herein. 

2.21. “Participant” means a current or former Employee, Director or Consultant who has rights relating to an
outstanding Award. 
 2.22. “Performance-Based Exception” means the performance-based exception from the tax
deductibility limitations of Code Section 162(m). 
 2.23. “Performance Period” means the period during which a
performance measure must be met. 
 2.24. “Performance Share” means an Award granted to a Participant, as described
in Article 9 herein. 
 2.25. “Performance Unit” means an Award granted to a Participant, as described in Article 10
herein. 
 2.26. “Period of Restriction” means the period Restricted Stock or Restricted Stock Units are subject to
a substantial risk of forfeiture and are not transferable, as provided in Articles 8 and 9 herein. 
 2.27. “Person”
shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof. 

2.28. “Replacement Awards” means Awards issued in assumption of or substitution for awards granted under equity-based
incentive plans sponsored or maintained by an entity with which the Company engages in a merger, acquisition or 

  
 4 

 
other business transaction, pursuant to which awards relating to interests in such entity (or a related entity) are outstanding immediately prior to such merger, acquisition or other business
transaction. Except as provided in Section 4.1, for all purposes hereunder, Replacement Awards shall be deemed Awards. 
 2.29.
“Restricted Stock” means an Award granted to a Participant, as described in Article 8 herein. 
 2.30.
“Restricted Stock Unit” means an Award granted to a Participant, as described in Article 9 herein. 
 2.31.
“Share” means a share of Class A common stock of the Company, having a par value of $0.0001 per share, subject to adjustment pursuant to Section 4.3 hereof. 

2.32. “Stock Appreciation Right” or “SAR” means an Award granted to a Participant, either
alone or in connection with a related Option, as described in Article 7 herein. 
 2.33. “Subsidiary” means
(i) any corporation in which the Company owns, directly or indirectly, at least fifty percent (50%) of the total combined voting power of all classes of stock, or any other entity (including, but not limited to, partnerships and joint
ventures) in which the Company owns, directly or indirectly, at least fifty percent (50%) of the combined equity thereof, and (ii) any other affiliate of the Company that has been designated by the Committee for purposes of the
participation of its employees in the Plan. Notwithstanding the foregoing, for purposes of determining whether any individual may be a Participant for purposes of any grant of Incentive Stock Options, “Subsidiary” shall have the meaning
ascribed to such term in Code Section 424(f). 
 2.34. “Tandem SAR” means an SAR that is granted in connection
with a related Option, as described in Article 7 herein. 
 Article 3. Administration 

3.1. The Committee. The Plan shall be administered by the Compensation Committee of the Board or such other committee as the
Board shall select (the “Committee”). The members of the Committee shall be appointed from time to time by, and shall serve at the discretion of, the Board. 

3.2. Authority of the Committee. Except as limited by law or by the Certificate of Incorporation or Bylaws of the Company, and
subject to the provisions herein, the Committee shall have full power to select the Employees, Directors and Consultants who shall participate in the Plan; determine the sizes and types of Awards; determine the terms and conditions of Awards in a
manner consistent with the Plan; construe and interpret the Plan and any Award Agreement or other agreement or instrument entered into in connection with the Plan; establish, amend, or waive rules and regulations for the Plan’s administration;
and, subject to the provisions of Section 19.3 herein, amend the terms and conditions of any outstanding Award and Award Agreement. Further, the Committee shall make all other determinations that may be necessary or advisable for the
administration of the Plan. As permitted by law, the Committee may delegate its authority as identified herein. 

  
 5 

 3.3. Decisions Binding. All determinations and decisions made by the Committee
pursuant to the provisions of the Plan and all related orders and resolutions of the Board shall be final, conclusive and binding on all persons, including the Company, its Subsidiaries, its stockholders, Directors, Employees, Consultants and their
estates and beneficiaries and any transferee of an Award. 
 Article 4. Shares Subject to the Plan; Individual Limits; and Anti-Dilution Adjustments

 4.1. Number of Shares Available for Grants. 

(a) Subject to adjustment as provided in Section 4.3 herein, the maximum number of Shares that may be delivered pursuant to Awards under
the Plan shall be [—], provided that: 
 (i) Shares that are potentially
deliverable under an Award that is canceled, forfeited, settled in cash, expires or is otherwise terminated without delivery of such Shares shall not be counted as having been delivered under the Plan; 

(ii) Shares that are held back, tendered or returned to cover the Exercise Price or tax withholding obligations with respect to
an Award shall not be counted as having been delivered under the Plan; and 
 (iii) Shares that have been issued in
connection with an Award of Restricted Stock that is canceled or forfeited prior to vesting or settled in cash, causing the Shares to be returned to the Company, shall not be counted as having been delivered under the Plan. 

Shares delivered pursuant to the Plan may be authorized but unissued Shares, treasury Shares or Shares purchased on the open market. Shares
delivered or deliverable pursuant to Replacement Awards shall not reduce the number of Shares available for delivery pursuant to Awards under the Plan. 

(b) Subject to adjustment as provided in Section 4.3 herein, all Shares authorized under the Plan and available for grant may be
delivered in connection with “full value Awards,” meaning Awards other than Options, SARs, or Other Awards for which the Participant pays the grant date intrinsic value. 

(c) Notwithstanding the foregoing, for purposes of determining the number of Shares available for grant as Incentive Stock Options, only
Shares that are subject to an Award that expires or is cancelled, forfeited or settled in cash shall be treated as not having been issued under the Plan. 

  
 6 

 4.2. Individual Limits. Subject to adjustment as provided in Section 4.3
herein, the following rules shall apply with respect to Awards and any related dividends or Dividend Equivalents intended to qualify for the Performance-Based Exception: 

(a) Options: The maximum aggregate number of Shares with respect to which Options may be granted in any one fiscal year to any one
Participant shall be [4,000,000] Shares. 
 (b) SARs: The maximum aggregate number of Shares with respect to which Stock Appreciation
Rights may be granted in any one fiscal year to any one Participant shall be [4,000,000] Shares. 
 (c) Restricted Stock: The maximum
aggregate number of Shares of Restricted Stock that may be granted in any one fiscal year to any one Participant shall be [2,000,000] Shares. 

(d) Restricted Stock Units: The maximum aggregate number of Shares with respect to which Restricted Stock Units may be granted in any
one fiscal year to any one Participant shall be [2,000,000] Shares. 
 (e) Performance Shares: The maximum aggregate number of Shares
with respect to which Performance Shares may be granted in any one fiscal year to any one Participant shall be [2,000,000] Shares. 
 (f)
Performance Units: The maximum aggregate compensation that can be paid pursuant to Performance Units awarded in any one fiscal year to any one Participant shall be $[25,000,000] or a number of Shares having an aggregate Fair Market Value not
in excess of such amount. 
 (g) Other Awards: The maximum aggregate compensation that can be paid pursuant to Other Awards awarded
in any one fiscal year to any one Participant shall be $[25,000,000] or a number of Shares having an aggregate Fair Market Value not in excess of such amount. 

(h) Dividends and Dividend Equivalents: The maximum dividend or Dividend Equivalent that may be paid in any one fiscal year to any one
Participant shall be $[25,000,000]. 
 4.3. Adjustments in Authorized Shares and Awards. In the event of any merger,
reorganization, consolidation, recapitalization, liquidation, stock dividend, split-up, spin-off, stock split, reverse stock split, share combination, share exchange, extraordinary dividend, or any change in the corporate structure affecting the
Shares, such adjustment shall be made in the number and kind of shares that may be delivered under the Plan as set forth in Section 4.1(a) and (b), the individual limits set forth in Section 4.2, and, with respect to outstanding Awards,
the number and kind of shares subject to outstanding Awards, the Exercise Price, grant price or other price of shares 

  
 7 

 
subject to outstanding Awards, any performance conditions relating to shares, the market price of shares, or per-share results, and other terms and conditions of outstanding Awards, as may be
determined to be appropriate and equitable by the Committee, in its sole discretion, to prevent dilution or enlargement of rights; provided, however, that, unless otherwise determined by the Committee, the number of shares subject to any Award shall
always be rounded down to a whole number. 
 Article 5. Eligibility and Participation 

5.1. Eligibility. Persons eligible to participate in the Plan include all Employees, Directors and Consultants. 

5.2. Actual Participation. Subject to the provisions of the Plan, the Committee may, from time to time, select from all eligible
Employees, Directors and Consultants, those to whom Awards shall be granted and shall determine the nature and amount of each Award. 
 Article 6.
Options 
 6.1. Grant of Options. Subject to the terms and provisions of the Plan, Options may be granted to Participants
in such amounts, upon such terms, and at such times as the Committee shall determine. 
 6.2. Award Agreement. Each Option
grant shall be evidenced by an Award Agreement that shall specify the Exercise Price, the duration of the Option, the number of Shares to which the Option pertains, and such other provisions as the Committee shall determine. The Award Agreement also
shall specify whether the Option is intended to be an ISO or an NQSO. Options that are intended to be ISOs shall be subject to the limitations set forth in Code Section 422. 

6.3. Exercise Price. The Exercise Price for each grant of an Option under the Plan shall be at least equal to one hundred
percent (100%) of the Fair Market Value of a Share (of the same class as the Shares that are subject to the Option) on the date the Option is granted; provided, however, that this restriction shall not apply to Replacement Awards or Awards that
are adjusted pursuant to Section 4.3 herein. No ISO granted to a Participant who, at the time the ISO is granted, owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any
Subsidiary shall have an Exercise Price that is less than one hundred ten percent (110%) of the Fair Market Value of a Share (of the same class as the Shares that are subject to the ISO) on the date the ISO is granted. 

6.4. Duration of Options. Each Option granted to a Participant shall expire at such time as the Committee shall determine at the
time of grant; provided, however, that no Option shall be exercisable later than the tenth (10th) anniversary date of its grant. No ISO granted to a Participant who, at the time the ISO is granted, owns stock representing more than ten percent
(10%) of the voting power of all classes of stock of the Company or any Subsidiary shall be exercisable later than the fifth (5th) anniversary of the date of its grant. 

  
 8 

 6.5. Exercise of Options. Options granted under this Article 6 shall be exercisable
at such times and be subject to such restrictions and conditions as set forth in the Award Agreement and as the Committee shall in each instance approve, which need not be the same for each grant or for each Participant. 

6.6. Payment. Options granted under this Article 6 shall be exercised by the delivery of a written notice of exercise to the
Company, setting forth the number of Shares with respect to which the Option is to be exercised and specifying the method of payment of the Exercise Price. 

The Exercise Price of an Option shall be payable to the Company in full: (a) in cash or its equivalent, (b) by tendering Shares or
directing the Company to withhold Shares from the Option having an aggregate Fair Market Value at the time of exercise equal to the Exercise Price, (c) by broker-assisted cashless exercise, (d) in any other manner then permitted by the
Committee, or (e) by a combination of any of the permitted methods of payment. The Committee may limit any method of payment, other than that specified under (a), for administrative convenience, to comply with applicable law, or for any other
reason. 
 6.7. Restrictions on Share Transferability. The Committee may impose such restrictions on any Shares acquired
pursuant to the exercise of an Option granted under this Article 6 as it may deem advisable, including, without limitation, restrictions under applicable federal securities laws, under the requirements of any stock exchange or market upon which such
Shares are then listed and/or traded, and under any blue sky or state securities laws applicable to such Shares. 
 6.8. Dividend
Equivalents. At the discretion of the Committee, an Award of Options may provide the Participant with the right to receive Dividend Equivalents, which will be credited to an account for the Participant and subject to the restrictions and
vesting conditions applicable to such Award, and may be settled in cash and/or Shares, as determined by the Committee in its sole discretion, subject in each case to such terms and conditions as the Committee shall establish. Notwithstanding
anything herein to the contrary, in no event shall Dividend Equivalents be currently payable with respect to unearned Awards. 
 6.9.
Termination of Employment or Service. Each Participant’s Option Award Agreement shall set forth the extent to which the Participant shall have the right to exercise the Option following termination of the Participant’s
employment or, if the Participant is a Director or Consultant, service with the Company and/or a Subsidiary, as the case may be. Such provisions shall be determined in the sole discretion of the Committee, need not be uniform among all Options, and
may reflect distinctions based on the reasons for termination of employment or service. 

  
 9 

 6.10. Nontransferability of Options. 

(a) Incentive Stock Options. ISOs may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by
will or by the laws of descent and distribution, and shall be exercisable during a Participant’s lifetime only by such Participant. 

(b) Nonqualified Stock Options. NQSOs may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other
than by will or by the laws of descent and distribution, and shall be exercisable during a Participant’s lifetime only by such Participant. 

Article 7. Stock Appreciation Rights 

7.1. Grant of SARs. Subject to the terms and provisions of the Plan, SARs may be granted to Participants in such amounts, upon such
terms, and at such times as the Committee shall determine. The Committee may grant Freestanding SARs, Tandem SARs, or any combination of these forms of SAR. 

The Committee shall have complete discretion in determining the number of SARs granted to each Participant (subject to Article 4 herein) and,
consistent with the provisions of the Plan, in determining the terms and conditions pertaining to such SARs. 
 The grant price of a
Freestanding SAR shall at least equal the Fair Market Value of a Share (of the same class as the Shares that are subject to the SAR) on the date of grant of the SAR, and the grant price of a Tandem SAR shall equal the Exercise Price of the related
Option; provided, however, that this restriction shall not apply to Replacement Awards or Awards that are adjusted pursuant to Section 4.3 herein. 

7.2. Exercise of Tandem SARs. A Tandem SAR may be exercised only with respect to the Shares for which its related Option is then
exercisable. To the extent exercisable, Tandem SARs may be exercised for all or part of the Shares subject to the related Option. The exercise of all or part of a Tandem SAR shall result in the forfeiture of the right to purchase a number of Shares
under the related Option equal to the number of Shares with respect to which the SAR is exercised. Conversely, upon exercise of all or part of an Option with respect to which a Tandem SAR has been granted, an equivalent portion of the Tandem SAR
shall similarly be forfeited. 
 Notwithstanding any other provision of the Plan to the contrary, with respect to a Tandem SAR granted in
connection with an ISO: (i) the Tandem SAR will expire no later than the expiration of the underlying ISO; (ii) the value of the payout with respect to the Tandem SAR may be for no more than one hundred percent (100%) of the
difference between the Exercise Price of the underlying ISO and the Fair Market Value of the Shares subject to the underlying ISO at the time the Tandem SAR is exercised; and (iii) the Tandem SAR may be exercised only when the Fair Market Value
of the Shares subject to the ISO exceeds the Exercise Price of the ISO. 
 7.3. Exercise of Freestanding SARs. Freestanding
SARs may be exercised upon whatever terms and conditions the Committee, in its sole discretion, imposes upon them and sets forth in the Award Agreement. 

  
 10 

 7.4. Award Agreement. Each SAR grant shall be evidenced by an Award Agreement that
shall specify the grant price, the term of the SAR, and such other provisions as the Committee shall determine. 
 7.5. Term of
SARs. The term of an SAR granted under the Plan shall be determined by the Committee, in its sole discretion; provided, however, that such term shall not exceed ten (10) years. 

7.6. Payment of SAR Amount. Upon exercise of an SAR, a Participant shall be entitled to receive payment from the Company in an
amount determined by multiplying: 
 (a) the difference between the Fair Market Value of a Share (of the same class as the Shares that are
subject to the SAR) on the date of exercise over the grant price; by 
 (b) the number of Shares with respect to which the SAR is exercised.

 At the discretion of the Committee, the payment upon SAR exercise may be in cash, in Shares of equivalent value, or in some combination
thereof. 
 7.7. Dividend Equivalents. At the discretion of the Committee, an Award of SARs may provide the Participant with
the right to receive Dividend Equivalents, which will be credited to an account for the Participant and subject to the restrictions and vesting conditions applicable to such Award, and may be settled in cash and/or Shares, as determined by the
Committee in its sole discretion, subject in each case to such terms and conditions as the Committee shall establish. Notwithstanding anything herein to the contrary, in no event shall Dividend Equivalents be currently payable with respect to
unearned Awards. 
 7.8. Termination of Employment or Service. Each SAR Award Agreement shall set forth the extent to which
the Participant shall have the right to exercise the SAR following termination of the Participant’s employment or, if the Participant is a Director or Consultant, service with the Company and/or a Subsidiary, as the case may be. Such provisions
shall be determined in the sole discretion of the Committee, need not be uniform among all SARs, and may reflect distinctions based on the reasons for termination of employment or service. 

7.9. Nontransferability of SARs. SARs may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated,
other than by will or by the laws of descent and distribution, and shall be exercisable during a Participant’s lifetime only by such Participant. 

Article 8. Restricted Stock 
 8.1.
Grant of Restricted Stock. Subject to the terms and provisions of the Plan, Restricted Stock may be granted to Participants in such amounts, upon such terms, and at such times as the Committee shall determine. 

  
 11 

 8.2. Award Agreement. Each Restricted Stock grant shall be evidenced by an Award
Agreement that shall specify the Period(s) of Restriction and, if applicable, Performance Period(s), the number of Shares of Restricted Stock granted, and such other provisions as the Committee shall determine. 

8.3. Other Restrictions. The Committee shall impose such other conditions and/or restrictions on any Shares of Restricted Stock
granted pursuant to the Plan as it may deem advisable including, without limitation, a requirement that Participants pay a stipulated purchase price for each Share of Restricted Stock, a requirement that the issuance of Shares of Restricted Stock be
delayed, restrictions based upon the achievement of specific performance goals, time-based restrictions on vesting following the attainment of the performance goals, time-based restrictions, and/or restrictions under applicable laws or under the
requirements of any stock exchange or market upon which such Shares are listed or traded, or holding requirements or sale restrictions placed on the Shares by the Company upon vesting of such Restricted Stock. The Company may retain in its custody
any certificate evidencing the Shares of Restricted Stock and place thereon a legend and institute stop-transfer orders on such Shares, and the Participant shall be obligated to sign any stock power requested by the Company relating to the Shares to
give effect to the forfeiture provisions of the Restricted Stock. 
 8.4. Removal of Restrictions. Subject to applicable laws,
Restricted Stock shall become freely transferable by the Participant after the last day of the Period of Restriction applicable thereto. Once Restricted Stock is released from the restrictions, the Participant shall be entitled to receive a
certificate evidencing the Shares. 
 8.5. Voting Rights. Unless otherwise determined by the Committee and set forth in a
Participant’s Award Agreement, to the extent permitted or required by law, as determined by the Committee, Participants holding Shares of Restricted Stock granted hereunder may exercise full voting rights with respect to those Shares during the
Period of Restriction. 
 8.6. Dividends and Other Distributions. Except as otherwise provided in a Participant’s Award
Agreement, during the Period of Restriction, all distributions, including regular cash dividends, paid with respect to Shares of Restricted Stock shall be credited to Participants subject to the same restrictions on transferability and
forfeitability as the Restricted Stock with respect to which they were paid and paid at such time following full vesting as are paid the Shares of Restricted Stock with respect to which such distributions were made. 

8.7. Termination of Employment or Service. Each Award Agreement shall set forth the extent to which the Participant shall have
the right to retain unvested Restricted Stock following termination of the Participant’s employment or, if the Participant is a Director or Consultant, service with the Company and/or a Subsidiary, as the case may be. Such provisions shall be
determined in the sole discretion of the Committee, need not be uniform among all Awards of Restricted Stock, and may reflect distinctions based on the reasons for termination of employment or service. 

  
 12 

 8.8. Nontransferability of Restricted Stock. Except as otherwise determined by the
Committee, during the applicable Period of Restriction, a Participant’s Restricted Stock and rights relating thereto shall be available during the Participant’s lifetime only to such Participant, and such Restricted Stock and related
rights may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated other than by will or by the laws of descent and distribution. 

Article 9. Restricted Stock Units and Performance Shares 

9.1. Grant of Restricted Stock Units/Performance Shares. Subject to the terms and provisions of the Plan, Restricted Stock Units
and Performance Shares may be granted to Participants in such amounts, upon such terms, and at such times as the Committee shall determine. 

9.2. Award Agreement. Each grant of Restricted Stock Units or Performance Shares shall be evidenced by an Award Agreement that
shall specify the applicable Period(s) of Restriction and/or Performance Period(s) (as the case may be), the number of Restricted Stock Units or Performance Shares granted, and such other provisions as the Committee shall determine. The initial
value of a Restricted Stock Unit or Performance Share shall be at least equal to the Fair Market Value of a Share (of the same class as the Shares that are subject to the Award) on the date of grant; provided, however, that this restriction shall
not apply to Replacement Awards or Awards that are adjusted pursuant to Section 4.3 herein. 
 9.3. Form and Timing of
Payment. Except as otherwise provided in Article 17 herein or a Participant’s Award Agreement, payment of Restricted Stock Units or Performance Shares shall be made at a specified settlement date that shall not be earlier than the last
day of the Period of Restriction or Performance Period, as the case may be. The Committee, in its sole discretion, may pay earned Restricted Stock Units and Performance Shares by delivery of Shares or by payment in cash of an amount equal to the
Fair Market Value of such Shares (or a combination thereof). The Committee may provide that settlement of Restricted Stock Units or Performance Shares shall be deferred, on a mandatory basis or at the election of the Participant. 

9.4. Voting Rights. A Participant shall have no voting rights with respect to any Restricted Stock Units or Performance Shares
granted hereunder; provided, however, that the Committee may deposit Shares potentially deliverable in connection with Restricted Stock Units or Performance Shares in a rabbi trust, in which case the Committee may provide for pass through voting
rights with respect to such deposited Shares. 
 9.5. Dividend Equivalents. At the discretion of the Committee, an Award of
Restricted Stock Units or Performance Shares may provide the Participant with the right to receive Dividend Equivalents, which will be credited to an account for the Participant and subject to the restrictions and vesting conditions applicable to
such Award, and may be settled in cash and/or Shares, as determined by the Committee in its sole discretion, subject in each case to such terms and conditions as the Committee shall establish. Notwithstanding anything herein to the contrary, in no
event shall Dividend Equivalents be currently payable with respect to unearned Awards. 

  
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 9.6. Termination of Employment or Service. Each Award Agreement shall set forth the
extent to which the Participant shall have the right to receive a payout with respect to an Award of Restricted Stock Units or Performance Shares following termination of the Participant’s employment or, if the Participant is a Director or
Consultant, service with the Company and/or a Subsidiary, as the case may be. Such provisions shall be determined in the sole discretion of the Committee, need not be uniform among all Restricted Stock Units or Performance Shares, and may reflect
distinctions based on the reasons for termination of employment or service. 
 9.7. Nontransferability. Except as otherwise
determined by the Committee, Restricted Stock Units and Performance Shares and rights relating thereto may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and
distribution. 
 Article 10. Performance Units 

10.1. Grant of Performance Units. Subject to the terms and conditions of the Plan, Performance Units may be granted to
Participants in such amounts, upon such terms, and at such times as the Committee shall determine. 
 10.2. Award Agreement.
Each grant of Performance Units shall be evidenced by an Award Agreement that shall specify the number of Performance Units granted, the Performance Period(s), the performance goals and such other provisions as the Committee shall determine. 

10.3. Value of Performance Units. The Committee shall set performance goals in its discretion that, depending on the extent to
which they are met, will determine the number and/or value of Performance Units that will be paid out to the Participants. 
 10.4.
Form and Timing of Payment. Except as otherwise provided in Article 17 herein or a Participant’s Award Agreement, payment of earned Performance Units shall be made following the close of the applicable Performance Period. The
Committee, in its sole discretion, may pay earned Performance Units in cash or in Shares that have an aggregate Fair Market Value equal to the value of the earned Performance Units (or a combination thereof). The Committee may provide that
settlement of Performance Units shall be deferred, on a mandatory basis or at the election of the Participant. 
 10.5. Dividend
Equivalents. At the discretion of the Committee, an Award of Performance Units may provide the Participant with the right to receive Dividend Equivalents, which will be credited to an account for the Participant and subject to the
restrictions and vesting conditions applicable to such Award, and may be settled in cash and/or Shares, as determined by the Committee in its sole discretion, subject in each case to such terms and conditions as the Committee shall establish.
Notwithstanding anything herein to the contrary, in no event shall Dividend Equivalents be currently payable with respect to unearned Awards. 

  
 14 

 10.6. Termination of Employment or Service. Each Award Agreement shall set forth
the extent to which the Participant shall have the right to receive a payout with respect to an Award of Performance Units following termination of the Participant’s employment or, if the Participant is a Director or Consultant, service with
the Company and/or a Subsidiary, as the case may be. Such provisions shall be determined in the sole discretion of the Committee, need not be uniform among all Performance Units and may reflect distinctions based on reasons for termination of
employment or service. 
 10.7. Nontransferability. Except as otherwise determined by the Committee, Performance Units and
rights relating thereto may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. 

Article 11. Other Awards 
 11.1.
Grant of Other Awards. Subject to the terms and conditions of the Plan, Other Awards may be granted to Participants in such amounts, upon such terms, and at such times as the Committee shall determine. Types of Other Awards that may be
granted pursuant to this Article 11 include, without limitation, the payment of cash or Shares based on attainment of performance goals established by the Committee, the payment of Shares as a bonus or in lieu of cash based on attainment of
performance goals established by the Committee, and the payment of Shares in lieu of cash under other Company incentive or bonus programs. 

11.2. Payment of Other Awards. Payment under or settlement of any such Awards shall be made in such manner and at such times as
the Committee may determine. 
 11.3. Termination of Employment or Service. The Committee shall determine the extent to which
the Participant shall have the right to receive Other Awards following termination of the Participant’s employment or, if the Participant is a Director or Consultant, service with the Company and/or a Subsidiary, as the case may be. Such
provisions shall be determined in the sole discretion of the Committee, may be included in an agreement entered into with each Participant, but need not be uniform among all Other Awards, and may reflect distinctions based on the reasons for
termination of employment or service. 
 11.4. Nontransferability. Except as otherwise determined by the Committee, Other
Awards and rights relating thereto may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. 

11.5. LLC Conversion Awards. The Committee shall be permitted to issue Other Awards under the Plan in the form of fully-vested
or restricted Shares in conversion of profits interest awards issued pursuant to the Black Knight Financial Services, LLC 2013 Management Incentive Plan and the Amended and Restated Limited Liability Company Agreement of Black Knight Financial
Services, LLC, which Awards shall be subject to such terms and conditions as determined by the Committee. 
 Article 12. Replacement Awards 

Each Replacement Award shall have substantially the same terms and conditions (as determined by the Committee) as the award it replaces;
provided, however, that the number of Shares subject to Replacement Awards, the Exercise Price, grant price or other price of Shares subject to Replacement Awards, any performance conditions relating to

  
 15 

 
Shares underlying Replacement Awards, or the market price of Shares underlying Replacement Awards or per-Share results may differ from the awards they replace to the extent such differences are
determined to be appropriate and equitable by the Committee, in its sole discretion. 
 Article 13. Performance Measures 

The Committee may specify that the attainment of one or more of the performance measures set forth in this Article 13 shall determine the
degree of granting, vesting and/or payout with respect to Awards (including any related dividends or Dividend Equivalents) that the Committee intends will qualify for the Performance-Based Exception. The performance goals to be used for such Awards
shall be chosen from among the following performance measure(s): earnings per share, economic value created, market share (actual or targeted growth), net income (before or after taxes), operating income, earnings before interest, taxes,
depreciation and amortization (EBITDA), earnings before interest, taxes, depreciation, amortization and restructuring costs (EBITDAR), adjusted net income after capital charge, return on assets (actual or targeted growth), return on capital (actual
or targeted growth), return on equity (actual or targeted growth), return on investment (actual or targeted growth), revenue (actual or targeted growth), cash flow, operating margin, share price, share price growth, total stockholder return, and
strategic business criteria consisting of one or more objectives based on meeting specified market penetration goals, productivity measures, geographic business expansion goals, cost targets, customer satisfaction or employee satisfaction goals,
goals relating to merger synergies, management of employment practices and employee benefits, or supervision of litigation and information technology, and goals relating to acquisitions or divestitures of Subsidiaries and/or other affiliates or
joint ventures. The targeted level or levels of performance with respect to such performance measures may be established at such levels and on such terms as the Committee may determine, in its discretion, including in absolute terms, as a goal
relative to performance in prior periods, or as a goal compared to the performance of one or more comparable companies or an index covering multiple companies. Awards (including any related dividends or Dividend Equivalents) that are not intended to
qualify for the Performance-Based Exception may be based on these or such other performance measures as the Committee may determine. 

Achievement of performance goals in respect of Awards intended to qualify under the Performance-Based Exception shall be measured over a
Performance Period, and the goals shall be established not later than ninety (90) days after the beginning of the Performance Period or, if less than (90) days, the number of days that is equal to

  
 16 

 
twenty-five percent (25%) of the relevant Performance Period applicable to the Award. The Committee shall have the discretion to adjust the determinations of the degree of attainment of the
pre-established performance goals; provided, however, that Awards that are designed to qualify for the Performance-Based Exception may not be adjusted upward (the Committee may, in its discretion, adjust such Awards downward). 

Article 14. Beneficiary Designation 
 Each
Participant under the Plan may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively) to whom any benefit under the Plan is to be paid in case of his or her death before he or she receives any or
all of such benefit. Each such designation shall revoke all prior designations by the same Participant, shall be in a form prescribed by the Committee, and will be effective only when filed by the Participant in writing during the Participant’s
lifetime with the Committee. In the absence of any such designation, benefits remaining unpaid at the Participant’s death shall be paid to the Participant’s estate. 

Article 15. Deferrals 
 If permitted by
the Committee, a Participant may defer receipt of amounts that would otherwise be provided to such Participant with respect to an Award, including Shares deliverable upon exercise of an Option or SAR or upon payout of any other Award. If permitted,
such deferral (and the required deferral election) shall be made in accordance with, and shall be subject to, the terms and conditions of the applicable nonqualified deferred compensation plan, agreement or arrangement under which such deferral is
made and such other terms and conditions as the Committee may prescribe. 
 Article 16. Rights of Participants 

16.1. Continued Service. Nothing in the Plan shall: 

(a) interfere with or limit in any way the right of the Company or a Subsidiary to terminate any Participant’s employment or service at
any time, 
 (b) confer upon any Participant any right to continue in the employ or service of the Company or a Subsidiary, nor 

(c) confer on any Director any right to continue to serve on the Board of Directors of the Company or a Subsidiary. 

16.2. Participation. No Employee, Director or Consultant shall have the right to be selected to receive an Award under the Plan,
or, having been so selected, to be selected to receive future Awards. 
 Article 17. Change in Control 

Except as otherwise provided in a Participant’s Award Agreement, upon the occurrence of a Change in Control, unless otherwise specifically
prohibited under applicable laws, or by the rules and regulations of any governing governmental agencies or national securities exchanges: 

(a) any and all outstanding Options and SARs granted hereunder shall become immediately exercisable; provided, however, that the Committee may
instead provide that such Awards shall be automatically cashed out upon a Change in Control; 

  
 17 

 (b) any Period of Restriction or other restriction imposed on Restricted Stock, Restricted Stock
Units and Other Awards shall lapse; and 
 (c) any and all Performance Shares, Performance Units and other Awards (if performance-based)
shall be deemed earned at the target level (or if no target level is specified, the maximum level) with respect to all open Performance Periods. 

Article 18. Additional Forfeiture Provisions 

The Committee may condition a Participant’s right to receive a grant of an Award, to vest in the Award, to exercise the Award, to retain
cash, Shares, other Awards, or other property acquired in connection with the Award, or to retain the profit or gain realized by the Participant in connection with the Award, including cash or other proceeds received upon sale of Shares acquired in
connection with an Award, upon compliance by the Participant with specified conditions relating to non-competition, confidentiality of information relating to or possessed by the Company, non-solicitation of customers, suppliers, and employees of
the Company, cooperation in litigation, non-disparagement of the Company and its officers, directors and affiliates, and other restrictions upon or covenants of the Participant, including during specified periods following termination of employment
with or service for the Company and/or a Subsidiary. 
 Article 19. Amendment, Modification, Termination, and Stockholder Approval 

19.1. Amendment, Modification, and Termination. The Board may at any time and from time to time, alter, amend, suspend or
terminate the Plan in whole or in part; provided, however, that no amendment that requires stockholder approval in order for the Plan to continue to comply with the New York Stock Exchange listing standards or any rule promulgated by the United
States Securities and Exchange Commission or any securities exchange on which the securities of the Company are listed shall be effective unless such amendment shall be approved by the requisite vote of stockholders of the Company entitled to vote
thereon within the time period required under such applicable listing standard or rule. Except as provided in Section 4.3 hereof, the Board does not have the power to amend the terms of previously granted options to reduce the exercise price
per share subject to such options, or to cancel such options and grant substitute options with a lower exercise price per share than the cancelled options. The Company is not permitted to purchase for cash previously granted options with an exercise
price that is greater than the Company’s trading price on the proposed date of purchase. 

  
 18 

 19.2. Adjustment of Awards Upon the Occurrence of Certain Unusual or Nonrecurring
Events. The Committee may make adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual or nonrecurring events (including, without limitation, the events described in Section 4.3 hereof)
affecting the Company or the financial statements of the Company or of changes in applicable laws, regulations, or accounting principles, whenever the Committee determines that such adjustments are appropriate in order to prevent dilution or
enlargement of the benefits or potential benefits intended to be made available under the Plan; provided, however, that (except as provided in Section 4.3 hereof) the Committee does not have the power to amend the terms of previously granted
options to reduce the exercise price per share subject to such options, or to cancel such options and grant substitute options with a lower exercise price per share than the cancelled options. The Company is not permitted to purchase for cash
previously granted options with an exercise price that is greater than the Company’s trading price on the proposed date of purchase. With respect to any Awards intended to comply with the Performance-Based Exception, any such exception shall be
specified at such times and in such manner as will not cause such Awards to fail to qualify under the Performance-Based Exception. 
 19.3.
Awards Previously Granted. No termination, amendment or modification of the Plan or of any Award shall adversely affect in any material way any Award previously granted under the Plan without the written consent of the Participant
holding such Award, unless such termination, modification or amendment is required by applicable law and except as otherwise provided herein. 

19.4. Compliance with the Performance-Based Exception. If it is intended that an Award (and/or any dividends or Dividend
Equivalents relating to such Award) comply with the requirements of the Performance-Based Exception, the Committee may apply any restrictions it deems appropriate such that the Awards (and/or dividends or Dividend Equivalents) maintain eligibility
for the Performance-Based Exception. If changes are made to Code Section 162(m) or regulations promulgated thereunder to permit greater flexibility with respect to any Award or Awards available under the Plan, the Committee may, subject to this
Article 19, make any adjustments to the Plan and/or Award Agreements it deems appropriate. 
 19.5. Stockholder Approval. For
purposes of compliance with Code Section 162(m), the Company shall, to the extent it deems necessary, submit the Plan for approval by the Company’s stockholders at the first annual meeting that occurs more than 12 months after the date the
Company becomes a “separate publicly held corporation”, within the meaning of Treas. Reg. Section 1.162-27(f)(4). 
 Article 20.
Withholding 
 20.1. Tax Withholding. The Company shall have the power and the right to deduct or withhold, or require a
Participant to remit to the Company, an amount sufficient to satisfy federal, state, local, domestic or foreign taxes required by law or regulation to be withheld with respect to any taxable event arising as a result of the Plan. 

  
 19 

 20.2. Use of Shares to Satisfy Withholding Obligation. With respect to withholding
required upon the exercise of Options or SARs, upon the vesting or settlement of Restricted Stock, Restricted Stock Units, Performance Shares or Performance Units, or upon any other taxable event arising as a result of Awards granted hereunder, the
Committee may require or may permit Participants to elect that the withholding requirement be satisfied, in whole or in part, by having the Company withhold, or by tendering to the Company, Shares having a Fair Market Value equal to the minimum
statutory withholding (based on minimum statutory withholding rates for federal and state tax purposes, including payroll taxes) that could be imposed on the transaction and, in any case in which it would not result in additional accounting expense
to the Company, taxes in excess of the minimum statutory withholding amounts. Any such elections by a Participant shall be irrevocable, made in writing and signed by the Participant. 

Article 21. 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 to the fullest extent permitted by Delaware law against and from 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 and against and 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 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 is subject to the person having been
successful in the legal proceedings or having acted in good faith and what is reasonably believed to be a lawful manner in the Company’s best interests. 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, as a matter of law, or otherwise, or any power that the Company may have to indemnify them or hold them harmless. 

Article 22. Successors 
 All obligations
of the Company under the Plan and with respect to Awards 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 other event, or a sale or
disposition of all or substantially all of the business and/or assets of the Company. 
 Article 23. Limitation on Dividends and Dividend Equivalents

 Notwithstanding anything in this Plan to the contrary, if dividends or Dividend Equivalents are granted with respect to any Awards
that are subject to performance-based vesting conditions, the dividends or Dividend Equivalents shall be accumulated or reinvested and paid only after such performance-based vesting conditions are met, as set forth by the Committee in the applicable
Award Agreement. 

  
 20 

 Article 24. Minimum Vesting Period 

Awards under the Plan generally will not contain vesting schedules that provide for vesting to occur more quickly than ratably over two years;
provided, however, that this minimum vesting requirement may be waived in extraordinary circumstances, shall not apply to Awards granted to non-employee Directors and Other Awards granted under Section 11.5, and shall not prevent Awards from vesting
upon death or disability, termination of service as an Employee, Director or Consultant, or a Change in Control. 
 Article 25. Legal Construction

 25.1. Gender, Number and References. Except where otherwise indicated by the context, any masculine term used herein
also shall include the feminine; the plural shall include the singular and the singular shall include the plural. Any reference in the Plan to an act or code or to any section thereof or rule or regulation thereunder shall be deemed to refer to such
act, code, section, rule or regulation, as may be amended from time to time, or to any successor act, code, section, rule or regulation. 

25.2. 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. 

25.3. Requirements of Law. The granting of Awards and the issuance of Shares under the Plan shall be subject to all applicable
laws, rules, and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 

25.4. Governing Law. To the extent not preempted by federal law, the Plan, and all agreements hereunder, shall be construed in
accordance with and governed by the laws of the State of Florida, without giving effect to conflicts or choice of law principles. 
 25.5.
Non-Exclusive Plan. Neither the adoption of the Plan by the Board nor its submission to the stockholders of the Company for approval shall be construed as creating any limitations on the power of the Board or a committee thereof to
adopt such other incentive arrangements as it may deem desirable, including other incentive arrangements and awards that do or do not qualify under the Performance-Based Exception. 

25.6. Code Section 409A Compliance. To the extent applicable, it is intended that this Plan and any Awards granted under
the Plan comply with the requirements of Code Section 409A and any related regulations or other guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service (collectively “Section
409A”). Any provision that would cause the Plan or any Award granted under the Plan to fail to satisfy Section 409A shall have no force or effect until amended to comply with Section 409A, which amendment may be retroactive to the
extent permitted by Section 409A. 

  
 21

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