Document:

EX-10.17

 Exhibit 10.17 

GENERAL PURCHASE AGREEMENT (GPA) 

between 
 eASIC Corporation, a United
States corporation that is incorporated in Delaware, having a tax ID# 77-0532688, and having its principal place of business at 2585 Augustine Drive, Suite 100, Santa Clara, CA 95054, United States. 

and 
 ERICSSON AB, a limited liability
company duly incorporated and existing under the laws of Sweden, with organization number 556056-6258 and having address Torshamnsgatan 23, SE-164 80 Stockholm, Sweden. 

 TABLE OF CONTENTS 

PREAMBLE 
  

							
	 1.
		 DEFINITIONS
		 	1	  
	 2.
		 SCOPE OF AGREEMENT
		 	3	  
	 3.
		 ORDERING PROCEDURE
		 	4	  
	 4.
		 PRICES AND TERMS OF PAYMENT
		 	5	  
	 5.
		 TERMS OF DELIVERY
		 	5	  
	 6.
		 PACKING AND LABELLING
		 	6	  
	 7.
		 QUALITY AND CODE OF CONDUCT
		 	6	  
	 8.
		 RECEIPT OF GOODS
		 	7	  
	 9.
		 WARRANTY
		 	7	  
	 10.
		 DELAY
		 	9	  
	 11.
		 PRODUCT LIABILITY
		 	10	  
	 12.
		 CONTINUITY OF SUPPLY
		 	10	  
	 13.
		 INTELLECTUAL PROPERTY RIGHTS
		 	11	  
	 14.
		 INFRINGEMENT
		 	12	  
	 15.
		 BUYER DOCUMENTATION TOOLS AND BUYER DESIGN
		 	12	  
	 16.
		 EXPORT AND IMPORT
		 	13	  
	 17.
		 CONFIDENTIALITY
		 	13	  
	 18.
		 FORCE MAJEURE
		 	14	  
	 19.
		 TERM AND TERMINATION
		 	14	  
	 20.
		 CONTACT PERSONS
		 	15	  
	 21.
		 LIMITATION OF LIABILITY
		 	15	  
	 22.
		 MISCELLANEOUS
		 	15	  
	 23.
		 DISPUTES AND GOVERNING LAW
		 	16	  

  

					
	 EXHIBIT 1
		 CODE OF CONDUCT

		
	 EXHIBIT 2
		 BANNED AND RESTRICTED SUBSTANCES

		
	 EXHIBIT 3
		 PRODUCT PURCHASING RIGHTS EXHIBIT

  
 -i- 

 PREAMBLE 

Whereas, Ericsson Companies develop, produce, sell and provide telecommunication systems, products and services globally. 

Whereas, Seller sells, distributes and markets the Goods. 

Whereas, the parties hereby enter into this Agreement in order to assure the supply of Goods for purchase by Ericsson Companies and Authorized
Companies in sufficient quantities and of sufficient quality and to detail the obligations of the parties and other terms and conditions for the supply and delivery of the Goods. 

Whereas, the parties acknowledge that this Agreement needs to be supplemented by one or more SPAs. 

NOW, THEREFORE, the parties agree as follows. 
  

	1	DEFINITIONS 

  

	1.1	For the purpose of this Agreement, the following terms shall have the meanings hereby assigned to them unless the context would obviously require otherwise. 

 

			
	“Agreement”		means this general purchase agreement, including its exhibits and any other attachments hereto, together with any amendments, modifications and supplements executed by the parties.
		
	“Aggregated Purchase Value”		means the higher of: i) the total value of the aggregate purchase prices paid for all Goods delivered under this Agreement and any SPA referring to this Agreement, during a period of [*] prior to the relevant claim or delay; or
ii) the total value of the aggregate purchase prices to be paid for Goods estimated to be delivered under this Agreement and any SPA referring to this Agreement during the forthcoming period of [*] immediately following the relevant claim or
delay.
		
	“Authorized Company”		means a company (e.g., a so called electronic manufacturer supplier or logistic provider) which has been listed in an SPA as a company, which is entitled to place purchase orders under the said SPA for the Goods.
		
	“Business Days”		means the normal business days (excluding Saturdays and Sundays) of the Seller Company having received a purchase order for the Goods.
		
	“Buyer”		means the Ericsson Company or Authorized Company which has issued a purchase order for the Goods under this Agreement and the relevant SPA, and which accordingly is the contracting party for the specific Contract.
		
	“Buyer Design”		means any database tape, test tape, design, simulation information, functional specifications, schematics, files of electronic designs, test patterns and other relevant information or documentation prepared by Buyer and licensed
to Seller under the Agreement for the purpose of Seller’s manufacturing of the Goods for Buyer

  
 -1- 

			
	“Buyer Documentation”		means any drawings, technical documents, software programs or other documents in whatever medium or format submitted to Seller by Buyer or any Ericsson Company, and any documents related to any Buyer Tools.
		
	“Buyer Tools”		means any tool, model, fixture, measuring instrument, equipment or equivalents, made available by Buyer or any Ericsson Company, or acquired or produced by Seller at Buyer’s expense.
		
	“Code of Conduct”		means the at all times latest version of Ericsson’s code of conduct as further described in Article 7 (Quality and Code of Conduct).
		
	“Contract”		means a specific sourcing contract regarding Buyer’s procurement of the Goods, concluded by the relevant Buyer and the relevant Seller Company in accordance with Article 3 (Ordering Procedure).
		
	“Customer Damages”		means damages, costs or expenses paid by any Ericsson Company, to any customer to which the Goods have been sold to or leased to by an Ericsson Company, due to the Ericsson Company’s contractual liability and/or mandatory
law, and caused by defective Goods.
		
	“Ericsson”		means the Ericsson Company having signed this Agreement.
		
	“Ericsson Company”		means Telefonaktiebolaget LM Ericsson (publ) or any other company whose votes and/or capital are to fifty per cent (50%) or more controlled directly or indirectly by Telefonaktiebolaget LM Ericsson (publ).
		
	“Goods”		means any components, equipment, parts, merchandise or other assets purchased under this Agreement and the applicable SPA.
		
	“Intellectual Property Rights”		means any and all intellectual property rights including, but not limited to, patents, copyrights, trademarks, trade name rights, trade secret rights, know-how, source and object codes, algorithms, mask works, designs, utility
models, and all improvements and amendments thereof, as well as all registrations, applications, renewals, extensions, continuations, divisions or reissues thereof now or hereafter in force.
		
	“Lead Time”		means an agreed period of time with or without forecast, immediately preceding the delivery date.
		
	“Seller”		means (i) the Seller Company having signed this Agreement, or (ii) as regard to the particular rights and obligations relating to a Contract, the Seller Company which has received a purchase order under this Agreement and the
relevant SPA, and which accordingly is the contracting party for the specific Contract.
		
	“Seller Company”		means Seller’s ultimate parent company or any company whose votes are to more than fifty per cent (50%) controlled directly or indirectly by such company.

  
 -2- 

			
	“Site”		means the delivery address of Buyer, distributors and customers (purchasers and users) and actual location(s), (i) where the Goods are actually incorporated into a customer’s system(s), or (ii) where the Goods are stored
prior to be incorporated into a customer’s system(s).
		
	“SPA”		means a specific purchase agreement concluded in accordance with Article 2 (Scope of Agreement) below and referring to this Agreement.
		
	“Specification”		means the from time to time mutually agreed specification, which shall include Seller’s sign-off sheet and product family data sheet applicable to the Goods, and such other documents as may be agreed by the Parties. Any
changes to the Specification shall be mutually agreed between the Parties.

  

	1.2	Other capitalized expressions used in this Agreement or an SPA shall have the meanings respectively assigned to them. 

  

	1.3	Words indicating the singular only also include the plural and vice-versa, where the context so requires. 

  

	1.4	The headings of the Articles are for convenience only and shall not affect their interpretation. 

  

	2	SCOPE OF AGREEMENT 

  

	2.1	This Agreement comprises the general terms and conditions under which a Seller may manufacture or otherwise produce and assembly Goods for any Ericsson Company provided such Goods is intended for and will be purchased
by a Buyer under a Contract. Any Ericsson Companies and Authorized Companies may purchase such Goods from Seller Companies. The specific terms and conditions regarding the manufacture and purchase of the Goods, if any additional to the provisions
set out herein, shall be regulated in one or more SPA. 

  

	2.2	Any Ericsson Company may conclude SPAs with any Seller Company on terms and conditions mutually agreed upon. 

  

	2.3	Unless otherwise stated in an SPA, all Ericsson Companies are entitled to place purchase orders under the SPA for the Goods. The Seller Companies that are obligated to accept the purchase orders under the SPA shall be
listed in the same SPA. The SPA may also state upon mutual agreement which Authorized Companies in addition to the Ericsson Companies that are entitled to issue purchase orders for the Goods under this Agreement and the applicable SPA.

  

	2.4	Buyer shall submit purchase orders in accordance with Article 3 (Order Procedure) and the relevant parties will conclude Contracts in accordance with the said Article. 

 

	2.5	Any forecasts provided to any Seller Company shall be for planning purposes only. The quantities listed in the SPA are estimates only and do not constitute a commitment by Ericsson or Buyer, unless otherwise expressly
stated in the SPA. 

  
 -3- 

	3	ORDERING PROCEDURE 

  

	3.1	With regard to the Goods, Ericsson Companies and Authorized Companies may issue purchase orders in writing, by telefax or, if applicable, by means of EDI. 

 

	3.2	Seller shall within [*] from Seller’s receipt of the purchase order acknowledge receipt of the purchase order, and within [*] from the receipt notify the company having submitted the order if, in Seller’s
opinion, the purchase order is not consistent with the provisions of this Agreement or the SPA. 

  

	3.3	Seller shall at all times use its reasonable efforts to verify whether a purchase order is suitable for its purpose or erroneous. In the event Seller has reason to believe that the purchase order is in any respect
erroneous or for other reasons must be adjusted, Seller shall immediately notify the ordering party. Seller shall not start its planning, procurement, staffing and other manufacturing activities earlier than is reasonably required in order to meet
the applicable delivery dates. 

  

	3.4	A Contract between Seller and Buyer shall be considered concluded when Seller has received a purchase order, provided that the purchase order is in accordance with the terms and conditions of this Agreement and the
relevant SPA. The Contract is legally binding upon the parties thereto. 

  

	3.5	If the purchase order is not in accordance with the terms and conditions of this Agreement or the SPA, a Contract shall be considered concluded either when: (i) Seller has accepted the said purchase order, or
(ii) Seller has received the purchase order and failed to give written notification pursuant to Subarticle 3.2 that the purchase order is not in accordance with this Agreement or the SPA. 

 

	3.6	If Seller has notified pursuant to Subarticle 3.2 that the purchase order is not in accordance with this Agreement or the SPA, no Contract is concluded. Instead, the parties shall discuss and agree if a new corrected
purchase order shall be issued or if the incorrect purchase order can be accepted, however with certain modifications. In such case, such modifications shall be documented in writing and will form part of the purchase order. When such an agreement
has been made, a Contract shall be considered concluded. 

  

	3.7	When a Contract has been concluded, this Agreement and the SPA shall then be deemed to be integrated parts of such Contract. 

  

	3.8	For the sake of clarification, the parties acknowledge that the parties to the Contract are: 

  

	 	(a)	the Ericsson Company or Authorized Company which has submitted the purchase order; and 

  

	 	(b)	the Seller Company which has received the purchase order. 

  

	3.9	Provided that Ericsson is not the party to the Contract, the parties also acknowledge that: 

  

	 	(a)	Buyer is an independent company who acts in its own name and for its own account, and has no authority to bind or impose any legal or other obligation or liability upon Ericsson; 

  
 -4- 

	 	(b)	Ericsson assumes no legal or other obligation with regard to the Contract; 

  

	 	(c)	Seller’s remedies in the event of any breach by Buyer or of any obligation owed to Seller in respect of a Contract, may be exercised solely against the relevant Buyer. Provided, however, that if Seller holds
delivery of product or otherwise exercises any permissible remedy against a Buyer by reason of non-payment or late payment of amounts due, such action shall not constitute a breach of this Agreement as against Ericsson or any other Buyer. Seller
shall as soon as practicable notify Ericsson of the action it intends to take and the reasons therefor; and 

  

	 	(d)	Buyer is not entitled to terminate or amend this Agreement or an SPA (unless Buyer has signed the relevant SPA), however it is entitled to terminate or amend a Contract in accordance with this Agreement.

  

	3.10	A Contract shall consist of the following documents: 

  

	 	(a)	the purchase order, excluding any general purchasing conditions, if such have been enclosed with the purchase order; 

  

	 	(b)	this Agreement; and 

  

	 	(c)	the applicable SPA. 

 In case of inconsistencies, the different agreement documents will prevail
in accordance with the above order, unless an explicit reference has been made in the subordinated document to the effect that a certain provision shall prevail notwithstanding certain provisions in the superior document. 

 

	3.11	Seller undertakes to inform any potential Buyer of the existence of this Agreement. 

  

	4	PRICES AND TERMS OF PAYMENT 

  

	4.1	The prices shall be set out in the SPA. Unless otherwise agreed in the SPA, such prices are firm and fixed and shall include the cost of packing and package. 

 

	4.2	Any agreed prices do not preclude mutually agreed special price arrangements requested by Buyer on a case-by-case basis. 

  

	4.3	Invoices shall refer to the purchase order number and Buyer’s product numbers for the Goods. Each invoice shall refer to one (1) purchase order only and shall be submitted to Buyer’s location designated
in the purchase order. 

  

	4.4	Unless otherwise set out in the SPA, undisputed invoices shall be paid by Buyer within [*] from the later of the date of receipt by Buyer of the invoice, or the delivery date of the Goods, provided, however, that it is
the understanding of the parties that payment terms in the first executed SPA under this agreement will be [*]. Payment shall be made in the currency set out in the SPA. 

 

	4.5	Goods purchased under an SPA shall be regarded as [*]. 

  

	5	TERMS OF DELIVERY 

  

	5.1	 Seller understands and acknowledges that proper delivery at the agreed upon delivery dates, is important to Buyer and that delay can cause severe

  
 -5- 

	 	
damages to Buyer. Unless otherwise set out in this Agreement or the SPA, the Goods shall be delivered on the date(s) set out in the Contract. 

 

	5.2	Buyer may free of charge cancel or change a Contract, in whole or in part [*]. 

  

	5.3	The terms of delivery shall be [*]. 

  

	5.4	Subject to [*] under Subarticle 5.3 above Seller shall be responsible for and pay any and all taxes, dues, duties, and levies imposed before the Goods are delivered to Buyer unless otherwise set out in the SPA

  

	5.5	Buyer shall obtain title to the Goods [*]. 

  

	6	PACKING AND LABELLING 

  

	6.1	The Goods shall be packed and marked in accordance with Buyer’s instructions. Under all circumstances, the packing and package shall give the protection required under normal transport conditions to prevent damage
to or deterioration of the Goods. The purchase order number and Buyer’s product numbers shall be set out in the shipping documents. 

  

	6.2	Seller shall introduce and maintain a system of bar code labeling in accordance with Buyer’s instructions. 

  

	7	QUALITY AND CODE OF CONDUCT 

  

	7.1	Seller undertakes to use reasonable efforts to comply with the applicable requirements in the ISO 9000 quality system standards. 

  

	7.2	Seller undertakes to use reasonable efforts to ensure that its suppliers are in qualified for compliance under ISO 14001 standards. Seller undertakes to comply with the applicable requirements in the Code of Conduct.
Exhibit 1 contains the version valid at the date of the signing of this Agreement. The at all times latest version can be found at: 

http://www.ericsson.com/ericsson/corporate responsibility/suppliers/index.shtml 

 

	7.3	If Seller does not comply with the Code of Conduct or equivalent code of conduct, Seller shall on or before the execution of this Agreement provide Ericsson with a plan for implementation of the said code.

  

	7.4	When delivering the Goods, Seller shall comply at all times with the latest version of Ericsson’s directive regarding banned and restricted substances. Exhibit 2 contains the version valid at the date of the
signing of this Agreement. The at all times latest version can be found at: 

 http://www.ericsson.com/ericsson/corporate
responsibility/suppliers/index.shtml 
  

	7.5	When and where required by law, Buyer may return the Goods to Seller for disposal. 

  

	7.6	The Seller shall regularly conduct trend and failure analyses of his processes, and shall use this information to continuously improve its processes. The Seller shall have a system for identifying and shall promptly
inform Buyer about any circumstances that might have an impact on the quality of the Goods. Such a notification shall not limit Seller’s liability for the quality. 

 

	7.7	 Upon reasonable notice to Seller, Ericsson or Buyer shall be entitled, at no charge by Seller, to inspect Seller’s premises during normal
business hours 

  
 -6- 

	 	
with respect to the verification of processes and quality systems, code of conduct compliance, quality control of the Goods and carrying out sampling and conducting other necessary investigations
of quality and delivery performance. Seller shall use its reasonable endeavors to provide for a similar inspection by Ericsson or Buyer on the premises of Seller’s subcontractors or suppliers. In the event that such an inspection does not meet
Ericsson’s or Buyer’s reasonable requirements, Seller shall, without delay or cost to Ericsson or Buyer, take the appropriate reasonable remedial measures in order to achieve the reasonable quality level as agreed by the parties.

  

	7.8	Seller shall issue all documents reasonably requested by Ericsson or Buyer, in a format specified by Ericsson or Buyer, regarding the quality of the Goods, including but not limited to materials declaration (i.e. a
declaration of the materials and their constituents content) of any Goods. 

  

	7.9	The Goods shall meet all requirements imposed by any law or regulations (whether statutory, regulatory or otherwise) being applicable on the production, transport and/or sale of the Goods. The Goods shall also meet the
technical standards and the environmental and special market requirements set out in the Specification or otherwise agreed upon. Seller shall upon request furnish a certificate for delivered Goods stating that the Goods conform to all requirements
mentioned above. 

  

	8	RECEIPT OF GOODS 

  

	8.1	In the event delivered Goods (a) do not have the correct part numbers, as identified in the relevant purchase order or otherwise agreed to between the parties; (b) have been damaged prior to arrival at
Buyer’s place of business; or (c) otherwise are clearly defective with respect to the requirements set out in the Specification or otherwise separately agreed, Buyer may reject the Goods and return the Goods in accordance with
Seller’s established Return Material Authorization (“RMA”) process. In such case the Goods shall be considered not delivered. Buyer may also choose to cancel the Contract concerned or part thereof. Notice of rejection must be provided
to Seller within [*] of delivery. 

  

	8.2	Seller shall, if requested by Buyer, reimburse [*] made by Buyer for Goods returned to Seller within [*] from the date that Seller received the returned Goods. 

 

	8.3	Goods returned under this Article 8 will be delivered to Seller at [*]. If Buyer has requested replacement Goods, the replacement Goods shall be delivered to Buyer at [*]. 

 

	9	WARRANTY 

  

	9.1	Seller warrants that the Goods will perform in accordance with- and conform to the Specification in all material respects, will meet what otherwise has been agreed upon in writing, and will be free from material defects
in design, materials and workmanship, provided: 

  

	 	(a)	that the Goods have not been subject to misuse or neglect by Buyer or its customer; or 

  

	 	(b)	that the Goods have not been altered or repaired otherwise than by Seller or with its approval or instructions. 

  
 -7- 

	 	(c)	that the relevant defect is not caused in whole or in part by a defect in Buyer Design which has been used for manufacturing or assembly of the concerned Goods and that such defect in Buyer Design could not reasonably
have been detected by Seller prior to commencement of the manufacture or assembly. 

  

	9.2	Seller shall, at its own option and cost, repair or replace any defective Goods during a warranty period of [*] starting from the delivery of the respective Goods. Such replacement or repair of Goods shall be made
professionally by Seller [*] from the return of the Goods to Seller by Buyer in accordance with the applicable RMA and Seller’s return procedures, but never later than the Lead Time 

 

	9.3	In case of defective Goods, Seller shall provide Buyer with detailed, relevant information regarding (but not limited to): 

  

	 	(a)	The nature and extent of the defect, 

  

	 	(b)	The cause of the defect, 

  

	 	(c)	The delivered lots/batches/orders that are affected. 

  

	 	(d)	Preventive actions taken to avoid defective Goods. 

  

	9.4	Where Seller does not comply with its repair / replace obligation within the time period specified in Subarticle 9.2 above, Buyer shall have the right and option, at Seller’s cost, to either: 

 

	 	(a)	repair or replace, or have repaired or replaced, any defective Goods; or 

  

	 	(b)	purchase substituting goods. 

 Should Buyer decide to exercise a remedy in accordance with this
Subarticle, Buyer shall provide Seller a written notice thereof. Seller shall reimburse Buyer promptly. 
  

	9.5	In addition to the warranties above, Seller shall be obligated to remedy any systematic defects in the Goods during a period of [*] from the delivery of such Goods to Buyer. A systematic defect is a defect for which
Seller is responsible under Subarticle 9.1 which is of the same or substantially the same type, that appears or is likely to appear in more than [*] In case of a systematic defect in the Goods, Seller shall promptly: 

 

	 	(a)	co-operate with Ericsson through interaction between the quality departments of both Seller and Ericsson in good faith and use commercially reasonable efforts to diagnose the root cause, and (i) plan an initial
work-around (or similar) and effect a permanent solution (ii) produce and present, at its cost, a corrective action plan with appropriate milestones to eliminate the Systematic Defect and remedy the root cause of the suspected Systematic Defect
in its and/or its subcontractors’ manufacturing of the Goods; 

  

	 	(b)	[*], replace all units of the respective Goods delivered up to the time that the systematic defect has been remedied by Seller; 

  

	 	(c)	reimburse Buyer for the actual costs for investigating and analyzing the scope of and consequences resulting from the systematic defect, and the actual costs for the removal and replacement of such defective Goods at
the Sites; and 

  
 -8- 

	 	(d)	reimburse Buyer for any Customer Damages incurred by Buyer in connection with such defective Goods. 

  

	9.6	The warranty for repaired or replaced parts of the Goods shall be treated as set out in Subarticles 9.1-9.5. The warranty period shall start at the date of delivery of the repaired or replaced Goods. 

 

	9.7	Goods returned under this Article 9 will be delivered to Seller [*]. The replacement Goods shall be delivered to Buyer at [*]. 

[*]. 
 EXCEPT AS SET OUT HEREIN,
SELLER HEREBY DISCLAIMS ANY AND ALL ADDITIONAL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

 

	10	DELAY 

  

	10.1	Should Seller discover that the delivery date set out in a Contract cannot be met, Seller shall immediately notify Buyer in writing, stating the cause of the delay and its best estimate of when delivery can be made.
Such a notification shall not limit Seller’s liability for the delay. 

  

	10.2	Buyer shall be entitled to liquidated damages in case of delayed deliveries, provided Buyer is not responsible, in whole or in part, for the specific reason for the delay. The liquidated damages shall for each commenced
week of delay be [*] that have been delayed or cannot be used as a consequence of the delay. [*]. 

 The liquidated damages may
be deducted by Buyer from amounts payable to Seller with respect to the particular product in question, or may be claimed by other means 
  

	10.3	Not more than [*] in a calendar quarter, (unless specifically agreed in any SPA or otherwise agreed between the Parties in writing on a case-by-case basis), Buyer may designate certain line item(s) on a purchase order
as prioritized (“Prioritized Line Item”). Prioritized Line Items must be specified as such in the purchase order issued by Buyer and a written notification must be provided to Seller’s designated contact person for such Prioritized
Line Item. If the purchase order is issued by a Buyer other than Ericsson, then the designation must be confirmed by Ericsson in other prior written notification in conjunction with the purchase order provided to Seller’s designated contact for
receipt of such prioritized order notification. Without limiting the generality of Subarticle 5.1, a Prioritized Line Item means that a precise delivery precision is of utmost importance for Buyer regarding such identified deliveries. For such
Prioritized Line Items, Buyer shall have the right to claim liquidated damages in case of delayed deliveries, provided Buyer is not responsible for the specific reason for the delay. The liquidated damages for prioritized deliveries shall for each
commenced day of delay be [*], except that the total amount of liquidated damages per incident shall not exceed [*]. 

  
 -9- 

 For the avoidance of any doubt, the concept described in the foregoing paragraph, does not mean
that normal deliveries shall receive lesser attention by Seller. All deliveries shall be handled professionally by Seller and in accordance with this Agreement, and Buyer expects high delivery precision regarding all deliveries. 

 

	10.4	The payment of liquidated damages shall not relieve Seller from the obligation to deliver the Goods. 

  

	10.5	After [*] of delay, Buyer is entitled to terminate the Contract or any part thereof. The relevant liquidated damages shall be calculated up to and include the day of termination, and shall be paid by Seller. In case of
termination, should Buyer’s damages because of the delay exceed the relevant liquidated damages, Buyer shall be entitled to claim compensation for the excess amount. The liquidated damages and actual damages per event, shall however not exceed
[*]. Seller’s aggregated liability under subarticles 10.2 and 10.3 shall however, in any calendar year not exceed [*]. 

  

	11	PRODUCT LIABILITY 

 Should the Goods have a defect which causes damage to persons or to
property other than such Goods, Seller shall indemnify and hold Buyer harmless for any such damage, except to the extent such injury or damage is caused by a defective Buyer Design used for manufacture of the said Goods. However, Seller shall not be
liable for any damages arising if; (i) the Goods are used in any nuclear, aviation, medical or life sustaining application, or in any other inherently dangerous applications, not including ordinary business or administrative functions
associated with such applications (“Inherently Dangerous Applications”), and (ii) the relevant damage is determined to have arisen solely as a direct result of such Inherently Dangerous Applications. 

 

	12	CONTINUITY OF SUPPLY 

  

	12.1	Seller shall inform Ericsson as soon as possible in writing (the “Notice”) if any of the Goods that at any time has been purchased under this Agreement are to be changed technically or of any plans to suspend
or close down manufacturing of the Goods, in order to permit the Ericsson Companies and/or Authorized Companies to place consolidated purchase orders for future demands. 

 

	12.2	The Ericsson Companies and the Authorized Companies shall always be entitled to purchase the Goods as long as the SPA is in effect. In addition, the Ericsson Companies and the Authorized Companies shall be entitled to
place consolidated purchase orders for Goods within [*] from the expiry or termination of the SPA and/or the date of receipt of the Notice as per Subarticle 12.1, for delivery within [*] from the date(s) of such purchase orders. If the SPA has
expired at the dates of the said purchase orders, the SPA valid between the parties at the date of Ericsson’s receipt of the Notice shall regulate the said purchase orders. 

 

	12.3	 Seller shall establish and maintain a secure sourcing plan including regularly updated business continuity and business contingency plans. The plan
shall show the measures Seller will take in order to secure continuous supply to Ericsson and Buyer without interruption in relation to the supply of the Goods. 

  
 -10- 

	 	
Seller shall keep Ericsson informed of the actions anticipated by such secure sourcing plan. In the event Seller would like to amend the plan, Ericsson and Seller shall discuss the amendments in
good faith and endeavor to agree on the amendments. 

  

	12.4	The secure sourcing plan shall, as a minimum, conform with the following: 

  

	 	(a)	a back-up site/resource shall be identified for each relevant production site. 

  

	 	(b)	a person responsible for initiating the secure sourcing plan activities shall be appointed for each relevant site. 

  

	 	(c)	key personnel shall be appointed and reasonably trained on Ericsson specific product requirements. Alternatively, personnel in the facilities concerned shall be prepared to be transferred to the dedicated back-up
capacity. Routines shall be established for training in relation to actions included in the secure sourcing plan and actions for the distribution of information contained in the secure sourcing plan. 

 

	 	(d)	organizational matters. 

  

	 	(e)	precautionary actions against disruptions. 

  

	 	(f)	reporting of incidents and such reporting shall follow any general incident reporting procedures stated by Ericsson. 

  

	12.5	All costs related to any secure sourcing measure shall be born by Seller. 

  

	12.6	Ericsson and the Ericsson Companies placing orders under an SPA shall be allowed to review the plan. Routines shall also be in place in order to keep the secure sourcing plan updated at all times. 

 

	12.7	Seller shall use reasonable efforts to ensure that the requirements/activities in the secure sourcing plan are supported by corresponding requirements/activities in relation to Seller’s suppliers and contractors.
Consequently, Seller shall have corresponding requirements on its suppliers and contractors. 

  

	12.8	Seller shall ensure that it has, and use reasonable efforts to ensure that its contractors and suppliers have sufficient insurance (e.g. business interruption and liability insurances). Seller shall actively work with
its contractors and suppliers with risk management. Seller shall use commercially reasonable efforts to safeguard that production of so-called critical components is not located to a single location. 

 

	12.9	[*] Seller shall inform and discuss any material plans for disposing or relocating of its manufacturing facilities with Ericsson and/or any other activities that could have a materially adverse effect on Ericsson or any
Buyer. 

  

	13	INTELLECTUAL PROPERTY RIGHTS 

  

	13.1	Buyer and Ericsson Companies shall [*]. 

  

	13.2	 Without limiting the applicability of Subarticles 13.1,13.3 and 13.4 nothing contained herein shall be construed as giving a party any ownership,
license or other rights with respect to any Intellectual Property Rights owned or controlled by the other party, and such Intellectual Property Rights shall 

  
 -11- 

	 	
always remain the legal and absolute property of the party owning or controlling it, unless otherwise provided for herein or separately agreed upon between the parties in writing.

  

	13.3	A Seller being party to a Contract for which a Buyer Design has been furnished is granted a [*] to use such Buyer Design only for the assembly and/or [*]. 

 

	13.4	Buyer and Ericsson Companies shall have a [*]. 

  

	13.5	Seller shall not assert any Intellectual Property Rights against [*]. 

  

	13.6	Further, Seller shall not, without Ericsson’s prior approval, use Buyer’s or any Ericsson Company’s name and/or corporate logotype in Seller’s informational, promotional, advertising or any other
material. 

  

	13.7	This Article shall survive the termination of this Agreement, for any reason. 

  

	14	INFRINGEMENT 

  

	14.1	Seller shall defend, indemnify and hold harmless Buyer and any Ericsson Company and Authorized Company (each, an “Indemnitee”), from and against any and all damages [*] provided that Seller has been notified
without undue delay in writing of such claim, suit or proceeding and given the possibility and information to, participate in the settlement of the claim or in Buyer’s defense of any suit or proceeding. For purposes of clarification, the
parties agree that Seller’s obligations under this Article 14.1 shall include [*]. However, the parties agree that Seller shall not be liable under this Article 14.1 for any lost business opportunities, lost production, lost data, lost
goodwill, lost anticipated savings, lost revenue or similar unforeseeable indirect, incidental or consequential damages incurred by an Indemnitee, or by a customer of any Ericsson Company to which infringing Goods have been sold. 

 

	14.2	In the event that the Goods or any part thereof are in such suit or proceeding held to constitute such an infringement or their further use, sale, distribution or other disposal is enjoined, Seller shall promptly, at
its own expense and option, either: 

  

	 	(a)	procure for Buyer, Ericsson Companies, and Authorized Companies the right to continue the use, sale, distribution or other disposal of such Goods; 

 

	 	(b)	replace the Goods with non-infringing goods of equivalent function and performance; or 

  

	 	(b)	modify such Goods so that they become non-infringing without detracting from function or performance 

  

	14.3	Notwithstanding anything in this Agreement to the contrary, Seller’s obligations set out in Subarticle 14.1 and 14.2 shall not apply to the extent the claim of infringement [*]. 

 

	14.4	This Article shall survive the termination of this Agreement, for any reason 

  

	15	BUYER DOCUMENTATION TOOLS AND BUYER DESIGN 

  

	15.1	Any Buyer Documentation and any Buyer Tools are the exclusive property of Buyer or Ericsson. A Seller being party to a Contract for which Buyer Documentation has been furnished to such Seller is granted a [*].

  
 -12- 

	15.2	Seller shall keep Buyer Tools stored separately. Buyer Tools shall be registered and marked with Buyer’s or Ericsson’s name, and the product number or a mutually agreed identification number. A copy of this
record shall be submitted to Buyer or Ericsson upon request. Buyer Tools shall be maintained and insured by Seller, and may not be used, changed, scrapped, sold or disposed otherwise than as directed by Buyer or Ericsson. 

 

	15.3	Upon the expiration or termination of this Agreement, or upon the owner’s request, all in the discretion of Ericsson, Seller shall return to the owner any Buyer Tools, any Buyer Documentation, or any other Ericsson
Company assets in Seller’s possession. 

  

	15.4	Upon delivery of a Buyer Design, Seller shall without delay investigate the Buyer Design in order to verify that it is free from defects and deficiencies and is fit for its intended purpose. In the event any defects or
deficiencies in the Buyer Design are found to exist, Seller shall without delay inform Buyer in writing thereof and, unless Buyer instructs otherwise in writing, refrain from manufacturing of Goods using such defective Buyer Design.

  

	16	EXPORT AND IMPORT 

  

	16.1	Seller is responsible for obtaining and maintaining any export license(s) required for delivery of the Goods to Buyer. 

  

	16.2	If Seller is unable to obtain or maintain the export license(s), Buyer may terminate any related Contract or part thereof, which may be affected by the aforesaid license. 

 

	16.3	Seller shall inform of and issue all documentation which may be required by law, regulation or reasonably requested by Buyer regarding the export, import or re-export of the Goods. In particular, Seller is responsible
to continuously provide detailed technical documentation, certificate of origin (both for so called commercial and preferential origin) and the so called export control classification number (the “ECCN code”) for the Goods according to the
SE/EU/US export administration regulations, or the corresponding data according to other applicable regulations. This information shall be updated on an ongoing basis when new regulations come into effect. 

 

	16.4	Seller shall provide the information requested by Buyer in accordance with Subarticle 16.3 within [*] from the request. 

  

	17	CONFIDENTIALITY 

  

	17.1	Subject to this Article, Ericsson Companies, and Authorized Companies are entitled to receive a copy of this Agreement and any relevant SPA. 

 

	17.2	Seller and Buyer shall maintain confidentiality and not, without the other party’s prior consent, disclose to any third party any documentation and any information designated by the furnishing party as
confidential, whether of a commercial or a technical nature, furnished pursuant to this Agreement, i.e. the receiving party shall use the information only for the purposes of this Agreement. Such documentation and information may, however, be
disclosed by Buyer to another Ericsson Company, Distributor, and Authorized Company or a customer under similar conditions of confidentiality. 

  

	17.3	 Seller shall ensure that neither it nor any of its subcontractors and/or suppliers advertise, publish or otherwise disclose the appointment of Seller,

  
 -13- 

	 	
or its subcontractors or the terms of this Agreement, any SPA or any Contract concluded hereunder without Ericsson’s prior written approval. All copies of material relating thereto which is
intended for publication in any form must first be submitted to Ericsson for approval. 

  

	17.4	Neither party shall be liable for disclosing any confidential information if it was: 

  

	 	(a)	public knowledge at the time of disclosure or thereafter becomes generally known other than through an act of negligence by the receiving party; 

 

	 	(b)	already known to the other party prior to its receipt from the disclosing party; 

  

	 	(c)	demonstrably developed at any time by the receiving party without any connection with the information received hereunder; 

  

	 	(d)	rightfully obtained by a party from other unrestricted sources, or e) disclosed with the prior written permission of the disclosing party. 

 

	 	(e)	disclosed with the prior written permission of the disclosing party. 

  

	17.5	This Article 17 shall for [*], survive the termination of this Agreement for any reason. 

  

	18	FORCE MAJEURE 

  

	18.1	The performance of either party, required by this Agreement, any SPA or any Contract, shall be extended by a reasonable period of time if such performance of the respective party is impeded by an unforeseeable
event beyond such party’s control, which shall include but not be limited to acts of God, industrial actions, riots, wars, embargo or requisition (acts of government), hereinafter referred to as “Force Majeure”. 

 

	18.2	In case of Force Majeure, the relevant party shall promptly notify and furnish the other party in writing with all relevant information thereto. 

 

	18.3	Should an event of Force Majeure continue for more than [*], Buyer shall have the right to terminate any relevant Contract. In such a case, Buyer shall pay to Seller the price of Goods delivered up to the date of
termination plus unrecovered expenses incurred by Seller which could not reasonably be avoided. 

  

	19	TERM AND TERMINATION 

  

	19.1	This Agreement shall become effective upon signature by both parties and shall remain in effect until [*] following written notice of termination by either party. 

 

	19.2	Any applicable party may at any time terminate this Agreement, any SPA, and/or any Contract, with immediate effect and without compensation to the other party if the other party should pass a resolution, or any court
should make an order, that the other party shall be wound up or if a trustee in bankruptcy, liquidator, receiver, or manager on behalf of a creditor should be appointed. 

 

	19.3	 Any applicable party may terminate this Agreement or any SPA, with immediate effect if the other party has committed a material breach of this

  
 -14- 

	 	
Agreement or the SPA, and not taken substantial steps to rectify the same within [*] after receiving written notice of termination specifying the breach. 

 

	19.4	Either party may terminate any Contract, with immediate effect if the other party has committed a material breach of the Contract, and not taken substantial steps to rectify the same within [*] after receiving written
notice of termination specifying the breach. 

  

	19.5	Provisions contained in this Agreement that are expressed or by their sense and context are intended to survive the expiration or termination of this Agreement, shall so survive the expiration or termination.

  

	20	CONTACT PERSONS 

 Ericsson’s and Seller’s contact persons regarding this
Agreement are set out below. 
  

			
	 Ericsson AB
		Seller
	 [*]
		[*]
		
	 with a copy to:
		
		
	 Ericsson AB
		
	 [*]
		

  

	21	LIMITATION OF LIABILITY 

  

	21.1	EXCEPT AS EXPRESSLY PROVIDED IN SUBARTICLE 21.2 AND ELSEWHERE IN THIS AGREEMENT, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY INDIRECT OR CONSEQUENTIAL DAMAGES OF ANY NATURE OR KIND WHATSOEVER,
INCLUDING BUT NOT LIMITED TO LOST PROFITS, IN CONNECTION WITH OR ARISING OUT OF THE SALE AND PURCHASE OF THE PRODUCTS, EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 

 

	21.2	The limitation of liability provided in Subarticle 21.1 shall not apply to damages with respect to [*], or if the defaulting party has been acting with gross negligence or with willful misconduct. 

 

	22	MISCELLANEOUS 

  

	22.1	Neither party may assign this Agreement, any SPA or any Contract without the prior written consent of the other party. Such consent shall not be unreasonably withheld. Notwithstanding this, Ericsson or the relevant
Ericsson Company shall always be entitled to assign this Agreement or any SPA to another Ericsson Company. Provided, however, that this Agreement and all SPAs and Contracts may be assigned by a party in connection with the sale of all or
substantially all of the assets of the business. 

 Notwithstanding the preceding paragraph, Ericsson specifically reserves the
right to, upon written notice to relevant Seller Company, assume, enforce, settle, and/or collect the rights and/or obligations of any Authorized Company which such Authorized Company may have under this Agreement, any SPA or any Contract against
such Seller Company. Through such notice, the relevant rights and/or obligations shall be considered assigned to Ericsson. 

  
 -15- 

 If a right and/or obligation is assigned to Ericsson by an Authorized Company in accordance with
the preceding paragraph, the Authorized Company shall have no right and/or obligation to assume, enforce, settle or collect any such assigned rights and/or obligations. 
  

	22.2	This Agreement contains the entire agreement between the parties on the subject matter of this Agreement, and supersedes all representations, undertakings and agreements previously made between the parties with respect
to the subject matter of this Agreement. 

  

	22.3	For the avoidance of any doubt, any and all pre-printed standard terms (e.g. on a purchase order, order acknowledgement, or invoice) shall not have any applicability unless the other party has expressly accepted the
relevant term. 

  

	22.4	This Agreement, any SPA, or any Contract may be modified only by a written document duly signed by the parties and referencing this Agreement, the SPA, or the relevant Contract. 

 

	22.5	Should any provisions of this Agreement, any SPA or Contract, be or become invalid or unenforceable, this shall not affect the validity of the remainder of this Agreement, the SPA or Contract. In such event, the parties
undertake to substitute for any such invalid or unenforceable provisions, a provision that corresponds to the spirit and purpose of the invalid or unenforceable provisions, so far as it is possible, with regard to the purpose of this Agreement, the
SPA or Contract. 

 Non-Waiver. The failure by either party to enforce any provisions of this Agreement or to exercise any
right in respect thereto shall not be construed as constituting a waiver of its rights thereof. 
  

	23	DISPUTES AND GOVERNING LAW 

  

	23.1	This Agreement, any SPA and any Contracts concluded under this Agreement shall be governed by and construed in accordance with the substantive laws of Sweden. 

 

	23.2	The parties shall make every effort to settle by amicable negotiations any difference which may occur between them in connection with this Agreement, any SPA or any Contract. If the parties fail to reach such an
amicable settlement, either party may refer such differences to arbitration as provided below. 

  

	23.3	All disputes, differences or questions between the parties with respect to any matter arising out of or relating to this Agreement, any SPA or Contract shall be finally settled under the Rules of Arbitration of the
International Chamber of Commerce in Stockholm, Sweden, by three (3) arbitrators, appointed in accordance with the said Rules. The arbitration proceedings shall be conducted in the English language. 

 

	23.4	All awards may if necessary be enforced by any court having jurisdiction in the same manner as a judgment in such court. 

  

	23.5	The parties undertake and agree that all arbitral proceedings conducted under this Article 23 shall be kept confidential, and all information, documentation, materials in whatever form disclosed in the course of such
arbitral proceeding shall be used solely for the purpose of those proceedings. 

  
 -16- 

 ********************************** 

This Agreement has been duly signed in two (2) identical copies of which the parties have taken one (1) each. 

 

									
	Date: 2009-06-18				Date: 2009-06-12
			
	 eASIC Corporation
				 Ericsson AB

					
	By		 /s/ Ronnie Vasishta
				By		 /s/ Martin Johansson

	Name:		Ronnie Vasishta				Name:		Martin Johansson
	Title:		President and COO				Title:		Vice President BNET Sourcing
				
							Date: 2009-06-12
				
							 Ericsson AB

					
							By		 /s/ Lars Johansson

							Name:		Lars Johansson
							Title:		Director BNET Sourcing

  
 -17- 

 ERICSSON CODE OF CONDUCT 

 
 

 
 Supply chain issues in the area of corporate social responsibility are of increasing global importance
                     
 increasingly important
role in a company’s competitiveness, profitability and ultimately shareholder value                      

In order to ensure responsible corporate governance in the areas of basic human rights, labor standards
                     
 management and
anti-corruption in the workplace, Ericsson’s CODE OF CONDUCT was established in May
                     
 Ericsson has based its
CODE OF CONDUCT on the United Nations Global Compact an international initiative
                     
 by corporations around the
world to ensure accountability in the areas noted above 
 FOR FURTHER INFORMATION:
www.ericsson.com/sustainability 
  
 

 

  
 -18- 

 Code of Conduct * 

Human Rights 
 We support and respect the protection of
internationally proclaimed human rights. We make sure that we are not complicit in human rights abuses. 
 Labor Standards 

FREEDOM OF ASSOCIATION 
 As far as any relevant laws allow,
all employees are free to form and to join or not to join trade unions or similar external representative organizations and to bargain collectively. 

FORCED LABOR 
 Forced, bonded or compulsory labor is not
used and employees are free to leave their employment after reasonable notice as required by national law or contract. Employees are not required to lodge deposits of money or identity papers with their employer. 

EMPLOYMENT CONDITIONS 
 Employees understand their
employment conditions. Pay and terms are fair and reasonable, and comply at a minimum with national laws or Industry standards whichever is higher. Working hours comply with national laws and are not excessive. 

CHILD LABOR 
 No person is employed who is below the
minimum legal age for employment. Minimum age Is the age of completion of compulsory schooling, or not less than 15 years (or not less than 14 years, in countries where educational facilities are Insufficiently developed) as set out in Article 2.4
In the ILO Convention No.138 on Minimum Age. 
 Children are not employed for any hazardous work, or work that is Inconsistent with the child’s
personal development. A child means a person below the age of 18 years, as defined In Article 1 of the United Nations Convention on the Rights of the Child. Personal development includes a child’s health or physical, mental, spiritual, moral or
social development as described in the Article 32 of the United Nations Convention on the Rights of the Child. 
 Where a child is employed, the best
Interests of the child shall be the primary consideration. Policies and programs that assist any child found to be performing child labor are contributed to, supported, or developed. 

ELIMINATION OF DISCRIMINATION 
 Employees are treated with
respect and dignity. Corporal punishment, physical or verbal abuse or other unlawful harassment and any threats or other forms of intimidation are prohibited. 

All kinds of discrimination based on partiality or prejudice is prohibited such as discrimination based on race, color, sex, sexual orientation, marital
status, pregnancy, parental status, religion, political opinion, nationality, ethnic background, social origin, social status, indigenous status, disability, age, union membership and any other characteristic protected by local law, as applicable.

 Employees with the same qualifications, experience and performance receive equal pay for equal work with respect to their relevant comparators. 

WORKING CONDITIONS 
 A healthy and safe working
environment, and if applicable, housing facilities are provided for employees, in accordance with international standards and national laws. 
 Appropriate
health and safety information and training is provided to employees. Safety includes e.g. clearly marked and unblocked exits, emergency exits and evacuation plans on each floor, regularly tested fire alarm and evacuation drills, first aid equipment,
safe and correct handling, marking and labeling of chemicals, machinery and work processes. 
 The workplace, and if applicable, housing facilities, has
tolerable temperature and noise level, adequate ventilation, sufficient lighting, clean toilet facilities, drinkable water and, if applicable, sanitary facilities for food storage. 

Environment 
 Finite resources are used responsibly and
carefully. Operational practices that reduce any environmental burden associated with our activities are promoted. Innovative developments in products and services that offer environmental and social benefits are supported. 

  
 -19- 

 Anti-Corruption 
 No
form of extortion and bribery, including improper offers for payments to or from employees, or organizations, is tolerated. 
  

	*	The Ericsson CODE OF conduct is based on the United Nation Global Compact’s ten principles derived from: 

The Universal Declaration of Human Rights, The International Labor Organization’s Declaration of Fundamental Principles and Rights at Work, The Rio
Declaration on Environment and Development and The United Nations Convention Against Corruption. 
 http://www.unglobalcompact.org/ 

  
 -20- 

									
	 	 	 	  	 Open

DIRECTIVE
	  	 	 	1 (5)
	Prepared (also subject responsible if other)	  	No.	  	 	 	  
	
KI/EAB/RWT/UL Richard Trankell (editor)
	  	034 01-2294 Uen
	 Approved
	 	 Checked
	  	Date	  	Rev	 	        Reference
	LME/MD (Torbjörn Nilsson)	 	 	  	2003-06-12	  	B	 	 

 The Ericsson lists of banned and restricted substances 

 

	1	Application 

 This directive is valid for the entire Ericsson group and is applicable for
design, purchasing and manufacturing of products and packaging that Ericsson places on the market. This directive is not applicable for defense material exempted by legislation. 

 

	2	Purpose 

 These lists of banned, restricted and observation substances have been compiled
to meet existing and anticipated legal requirements and market demands. 
  

	3	Directive 

 Products and packaging that Ericsson places on the market, and manufacturing
operations at Ericsson and supplier sites, shall comply with the requirements in the Banned, Restricted and Observation lists. 
  

	4	Definitions 

 There are three lists that are applicable to products and three lists that
are applicable to manufacturing operations. The lists are sub-grouped in terms of banned, restricted and observation status. 
 The
requirements in the lists apply to substances that are intentionally added regardless of the concentration. The lists do not apply in cases where the substance is present due to natural impurities below limits specified in applicable legislation.
The lists are based on existing and anticipated legal requirements and market demands, mainly from EU and in most cases also USA and Japan. The legislation listed in the banned lists are examples of applicable laws; please note that the legislation
may have been amended and is not to be used as a complete list of laws applicable to the substance in question. Other environmental legislation may exist on specific markets. 

Banned  
 The banned list
documents substances that are banned for the application(s) specified in the list. 
 Restricted  

The restricted list documents substances that shall be substituted no later than the date specified in the list. 

Observation  
 The
observation list documents substances that shall be substituted as soon as technically, economically and environmentally acceptable alternatives are available. 

  
 -21- 

											
	 	  	 	  	 Open

DIRECTIVE
	  	 	  	 	3 (5)	  
	Prepared (also subject responsible if other)	  	No.	  		  			 
	KI/EAB/RWT/UL Richard Trankell (editor)	  	034 01-2294 Uen	  
	Approved	  	Checked	  	Date	  	Rev	  	Reference	 
	LME/MD (Torbjörn Nilsson)	  	 	  	2003-06-12	  	B	  	 	 	 

 The Ericsson list of banned substances (in products), 2(2) 

 

													
	  	  	Group of substances	  	Substance	  	Banned application	  	Principal legislation	  	Main use	  	Main risk
	 		 	 		 	 
	3	  	Other organic compounds	  	Certain azo compounds with carcinogenic amines	  	All applications	  	2002/61/EC adds certain azo colorants to 76/769/EEC	  	LCDs & plastics	  	Carcinogenic
	  	  	Creosotes	  	All applications	  	94/60/EEC	  	In wood preservation	  	Toxic
	  	  	Formaldehyde (CAS-no. 50-00-0)	  	All applications	  	ChemVerbots V (Germany)	  	As preservative	  	Allergenic
	  	  	Tributyltin compounds	  	 All applications
	  	69/677/EEC, 99/51/EEC, Japanese legislation	  	In paint	  	Toxin
	  	  	Triphenyltin compounds	  	  	  	  
	4	  	Other compounds	  	Asbestos	  	All applications	  	76/769EEC, 83/478EEC, 85/610EEC, 91/659EEC	  	As insulation material	  	Carcinogenic

 The Ericsson list of restricted substances (in products) 

 

											
	  	  	Group of substances	  	Substance	  	Restriction	  	Banned application	  	Main risk
	 	 	 	 	 	 
	
1
	  	Metals and their compounds	  	Cadmium and its compounds	  	Banned from 1 July 2006	  	According to RoHS directive (2002/95/EG)	  	Toxic
	  	  	Chromium (VI) compounds	  	Banned from 1 July 2006	  	According to RoHS directive (2002/95/EG)	  	Allergenic & toxic
	  	  	Lead and its compounds	  	Banned from 1 July 2006	  	According to RoHS directive (2002/95/EG)	  	Bioaccumulative & carcinogenic

									
	  	  	  	  	 Open

DIRECTIVE
	  	  	  	5 (5)
	Prepared (also subject responsible if other)	  	No.	  		  	 
	KI/EAB/RWT/UL Richard Trankell (editor)	  	034 01-2294 Uen
	 Approved
	  	Checked	  	Date	  	Rev            	  	Reference
	LME/MD (Torbjörn Nilsson)	  	  	  	2003-06-12	  	B	  	  

 The Ericsson list of banned substances (in production) 

 

													
	  	  	Group of substances	  	Substance	  	Banned application	  	Principal legislation	  	Main use	  	Main risk
	 	 	 	 	 	 	 
	 1
	  	Halogenated hydrocarbons	  	CFCs-chlorofluorocarbons	  	All applications	  	Regulation (EC) 2037/2000, Montreal Protocol, US Clean Air Act, Japan: Ozone Layer Protection act	  	Refrigerants & solvents	  	Ozone depletion
	  	  	HCFCs-hydrochlorofluorocarbons	  	All applications	  	  	  
	  	  	Carbon tetrachloride (CAS-no. 56-23-50	  	All applications	  	Regulation (EC) 2037/2000, Montreal Protocol, US Clean Air Act, Japan: Ozone Layer Protection Act	  	As solvents	  	Ozone depletion
	  	  	Chlorobromomethane (CAS-no. 74-97-5)	  	  	  	  
	  	  	1.1.1-trichloroethane CAS-no. 71-55-6)	  	 	  	  	  
	  	  	Methylene chloride CAS-no. 75-09-2)	  	All applications	  	94/60//EEC, Japan: Waste disposal law	  	As solvents	  	Carcinogenic
	  	  	Tetrachloroethylene CAS-no. 127-18-4)	  	  	  	  
	 	  	 	  	Trichloroethylene CAS-no. 1979-01-06)	  	 	  	 	  	 	  	 

 The Ericsson list of restricted substances (in production) 

 

											
	  	  	Group of substances	  	Substance	  	Restriction	  	Banned application	  	Main risk
	 		 	 	 	 
	 1
	  	Halogenated hydrocarbons	  	Methyl bromide CAS-no. 74-83-9)	  	Banned from 2005	  	Applications other than quarantine and pre-shipment applications (Regulation (EC) 2037/2000)	  	Ozone depletion
	 	  	 	  	 	  	Banned from 2015	  	Quarantine and pre-shipment applications (Regulation (EC) 2037/2000)	  

 The Ericsson list of substances for observation (in production) 

 

									
	  	  	
Group of substances
	  	
Substance
	  	
Banned application
	  	
Main risk

	 		 	 	 
	
1
	  	Halogenated hydrocarbons	  	FCs – fluorocarbons	  	Refrigerants	  	Global warming
	  	  	HFCs – fluorohydrocarbons	  	Solvents & refrigerants	  
	 		 	 	 
	 2
	  	Other organic compounds	  	Nonylphenolethoxylates (CAS-no. 9016-45-9)	  	As surfactant in cleaning agents	  	Bioaccumulative

 Exhibit 3 to READ-2009:192839 

PRODUCT PURCHASING RIGHTS EXHIBIT 
 This
Product Purchasing Rights Exhibit is attached to and hereby made a part of the General Purchase Agreement between Ericsson and Seller dated 18 June 2009 (hereinafter referred to as “Agreement”). 

1. Upon the occurrence of the Trigger Event (as defined below), Seller shall grant to Ericsson a [*] during the Term of the Agreement to order, purchase and
take delivery of the Goods and to market, sell and distribute such Goods within the permissible scope as defined in the Agreement (the “Permitted Purpose”). 

2. Upon the occurrence of the Trigger Event, Seller and Ericsson will promptly meet in order to discuss what measures and commercial terms are reasonably
necessary in order for Ericsson or Ericsson’s authorized sublicensees to commence exercising their purchase rights as granted pursuant to Section 1 above, including engaging in discussions with Seller’s suppliers to enact procedures
that would allow delivery of Goods directly to Ericsson, or Ericsson’s authorized sublicensees. Seller will provide to Ericsson the names and points of contact for the semiconductor fabricating contractor (currently [*]) Seller has contracted
to manufacture the Goods. Ericsson agrees that such information is Seller’s Confidential Information and Ericsson shall disclose such information only upon the grant of a license to Ericsson in accordance with this Exhibit and only for the
Permitted Purpose, and then only to Ericsson’s employees, consultants, contractors or subcontractors with a need to know and who have executed a confidentiality agreement with Ericsson. 

3 (a) If the Trigger Event occurs prior to completion of the agreement referenced in Section 3(b) below, Seller shall identify for Ericsson an individual
who is knowledgeable about and trained in Seller’s supplier ordering procedures and supply chain logistics applicable to the Goods. That person will be assigned to assist Ericsson in planning and managing purchases and placing orders on behalf
of Ericsson, or Ericsson’s authorized sublicensees, for the Goods with Seller’s suppliers for the Permitted Purpose, for a period of not more than [*]. 

(b) [*] of the date of execution of this Agreement, Seller will use commercially reasonable best efforts to enter into an agreement with a
third party supplier through whom Ericsson or its designated Buyers may place orders for Goods for the Permitted Purpose if Seller is unable to do so because of the occurrence of a Trigger Event. Such agreement shall be presented to Ericsson and
include all necessary licenses to enable Ericsson, or Ericsson’s authorized sublicensees, to place such orders for Goods. Provided, however, that Ericsson shall not be entitled to place such orders or otherwise purchase the Goods from or
through such third party supplier except in the case that a Trigger Event has occurred, and then only in accordance with the Agreement and this Exhibit. Upon reaching the agreement with the third party supplier under this Section 3(b),
Seller’s obligation under Section 3(a) shall terminate and be of no further force or effect. In case Seller has not, despite using its commercially reasonable best efforts, succeeded in reaching such an agreement within the above time
period, then the Parties shall meet to discuss in good faith alternative solutions, including a possible escrow arrangement. 
 4 For purposes of this
Exhibit, “Trigger Event” shall mean a situation where; 
 (a) Seller is unable to supply Goods in accordance with the terms of the
Agreement due to the fact that; 
 (i) it enters into a bankruptcy proceeding ceases to operate, or 

 (ii) substantially all of its business are terminated or are discontinued, or 

(iii) it is liquidated or dissolved which make it impractical for it to perform under the Agreement, or 

(iv) it makes an assignment for the benefit of creditors, and such condition is not cured within [*]; or 

(b) Seller, despite its ability to do so, is unwilling, and thereby fails, to supply Goods as required by the terms of the Agreement for more
than [*] after the operative delivery date under a purchase order in accordance with the terms of the Agreement; or 
 (c) Seller is merged
into or acquired by a competitor of Ericsson which, despite its ability to do so, is unwilling, and thereby fails, to supply Goods as required by the terms of the Agreement for more than [*] after the operative delivery date under a purchase order
in accordance with the terms of the Agreement. 
 5 In the event that Ericsson, or Ericsson’s authorized sublicensees, should exercise the rights
granted under this Product Purchasing Rights Exhibit to order, purchase and take delivery of Goods under the Agreement directly from Seller’s Suppliers, Ericsson agrees to pay Seller or any Seller beneficiary the difference, if any, between the
unit price it was to pay Seller as agreed in any applicable SPA for the Good and the actual per unit cost Ericsson or Ericsson’s Buyer pays in total for the Good directly to Seller’s suppliers.Exhibit 10.1

 

ABM INDUSTRIES INCORPORATED

 

2006 EQUITY INCENTIVE PLAN

 

AMENDED AND RESTATED MARCH 4, 2015

 

		1.	PURPOSE.

 

This 2006 Equity Incentive
Plan, as amended and restated, is intended to provide incentive to Employees and Directors of ABM Industries Incorporated (the
“Company”) and its eligible Affiliates, to encourage proprietary interest in the Company and to encourage Employees
and Directors to remain in the service of the Company or its Affiliates.

 

		2.	DEFINITIONS.

 

(a)       “Administrator”
means the Board or the committee of the Board appointed to administer the Plan, or a delegate of the Board as provided in Section
4(c).

 

(b)       “Affiliate”
means any entity, whether a corporation, partnership, joint venture or other organization that directly, or indirectly through
one or more intermediaries, controls, is controlled by, or is under common control with the Company.

 

(c)        “After-Tax
Amount” means any amount to be received by a Participant in connection with a Change-in-Control determined on an after-tax
basis taking into account the excise tax imposed pursuant to Code Section 4999, or any successor provision thereto, any tax imposed
by any comparable provision of state law, and any applicable federal, state and local income and employment taxes.

 

(d)        “Award”
means any award of an Option, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares or an Other
Share-Based Award under the Plan.

 

(e)        “Award
Agreement” means the agreement between the Company and the recipient of an Award which contains the terms and conditions
pertaining to the Award.

 

(f)         “Beneficiary”
means a person designated as such by a Participant or a Beneficiary for purposes of the Plan or determined with reference to Section
21.

 

(g)        “Board”
means the Board of Directors of the Company.

 

(h)        “Cause”
means (i) serious misconduct, dishonesty, disloyalty or insubordination; (ii) the Participant’s conviction (or entry of a
plea bargain admitting criminal guilt) of any felony or misdemeanor involving moral turpitude; (iii) drug or alcohol abuse that
has a material or potentially material effect on the Company’s reputation and/or the performance of the Participant’s
duties and responsibilities under the Participant’s employment agreement; (iv) failure to substantially perform the Participant’s
duties or responsibilities under the Participant’s employment agreement for reasons other than death or disability; (v) repeated
inattention to duty for reasons other than death or disability; or (vi) any other material breach of the Participant’s employment
agreement by the Participant.

 

(i)         “Change-in-Control”
means, unless otherwise set forth in an award agreement, that any of the following events occurs:

 

(i)          any
individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”)
(A) is or becomes the beneficial owner (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 35% of
the combined voting power of the then-outstanding Voting Stock of the Company or succeeds in having nominees as directors elected
in an “election contest” within the meaning of Rule 14a-12(c) under the Exchange Act and (B) within 18 months thereafter,
individuals who were members

 

    	 

    	 

    

 

of the Board of Directors of the
Company immediately prior to either such event cease to constitute a majority of the members of the Board of Directors of the Company;

 

(ii)   a
majority of the Board ceases to be comprised of Incumbent Directors; or

 

(iii)  the
consummation of a reorganization, merger, consolidation, plan of liquidation or dissolution, recapitalization or sale or other
disposition of all or substantially all of the assets of the Company or the acquisition of the stock or assets of another Company,
or other transaction (each, a “Business Transaction”), unless, in any such case, (A) no Person (other than the
Company, any entity resulting from such Business Transaction or any employee benefit plan (or related trust) sponsored or maintained
by the Company, any Subsidiary or such entity resulting from such Business Transaction) beneficially owns, directly or indirectly,
35% or more of the combined voting power of the then-outstanding shares of Voting Stock of the entity resulting from such Business
Transaction and (B) at least one-half of the members of the Board of Directors of the entity resulting from such Business Transaction
were Incumbent Directors at the time of the execution of the initial agreement providing for such Business Transaction.

 

(j)        “Code”
means the Internal Revenue Code of 1986, as amended.

 

(k)       “Committee”
means the Compensation Committee of the Board.

 

(l)        “Common
Stock” means the $.01 par value common stock of the Company.

 

(m)      “Company”
means ABM Industries Incorporated, a Delaware company.

 

(n)       “Covered
Employee” shall have the meaning assigned in Code Section 162(m), as amended, which generally includes the chief executive
officer or any Employee whose total compensation for the taxable year is required to be reported to shareholders under the Exchange
Act by reason of such Employee being among the four highest compensated officers for the taxable year (other than the chief executive
officer).

 

(o)       “Director”
means a director of the Company.

 

(p)       “Disability”
or “Disabled” means, unless otherwise set forth in an award agreement, that the Participant is unable to engage
in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected
to result in death or can be expected to last for a continuous period of not less than 12 months.

 

(q)       “Employee”
means an individual employed by the Company or an Affiliate (within the meaning of Code Section 3401 and the regulations thereunder).

 

(r)        “Employer”
means the Company or an Affiliate, which is the employer of a Participant.

 

(s)        “Executive
Officer” means any person who is an officer of the Company for purposes of Section 16 of the Exchange Act.

 

(t)        “Excess
Equity Award” means the positive difference, if any, between the value of the Award granted to an Executive Officer and
the Award that would have been made to such Executive Officer had the amount of the Award been calculated based on the Company’s
financial statements as restated.

 

(u)       “Excess
Parachute Payment” means a payment that creates an obligation for a Participant to pay excise taxes under Code Section
280G or any successor provision thereto.

 

(v)       
“Exchange Act” means the Securities Exchange Act of 1934, as amended.

 

    	 

    	 

    

 

(w)      “Exercise
Price” means the price per Share of Common Stock at which an Option or Stock Appreciation Right may be exercised.

 

(x)       “Fair
Market Value” of a Share as of a specified date, unless otherwise determined by the Committee, means the closing price
at which Shares are traded on such date (or, if no trading of Shares is reported for that day, on the next following day on which
trading is reported) on the principal stock market or exchange on which the Shares are traded; provided that if Shares
are not so traded, the fair market value shall be determined by the Committee.

 

(y)       “Family
Member” means any person identified as an “immediate family” member in Rule 16(a)-1(c) of the Exchange Act,
as such Rule may be amended from time to time. Notwithstanding the foregoing, the Administrator may designate any other person(s)
or entity(ies) as a “family member” to the extent consistent with applicable securities laws.

 

(z)       “Full
Value Award” means an Award denominated in Shares that does not provide for full payment in cash or property by the Participant.

 

(aa)     “Grant
Date” means, with respect to any Award, the date the Administrator grants the Award.

 

(bb)     “Incentive Stock Option” means an Option described in Code Section 422(b).

 

(cc)      “Incumbent
Directors” means the individuals who, as of the date of adoption of this Plan, are Directors of the Company and any individual
becoming a Director subsequent to the date hereof whose election, nomination for election by the Company’s shareholders,
or appointment was approved by a vote of at least two-thirds of the then Incumbent Directors (either by a specific vote or by approval
of the proxy statement of the Company in which such person is named as a nominee for director, without objection to such nomination);
provided, however, that an individual shall not be an Incumbent Director if such individual’s election or appointment
to the Board occurs as a result of an actual or threatened election contest (as described in Rule 14a-12(c) of the Exchange Act)
with respect to the election or removal of Directors or other actual or threatened solicitation of proxies or consents by or on
behalf of a Person other than the Board.

 

(dd)     “Independent
Committee” means any committee consisting of independent Directors designated by the independent members of the Board.

 

(ee)     “Nonqualified
Stock Option” means an Option not described in Code Section 422(b) or 423(b).

 

(ff)       “Non-Employee
Director” means a Director who is not an Employee.

 

(gg)     “Option”
means a stock option granted pursuant to Section 7.

 

(hh)     “Option
Proceeds” means, with respect to any sale or other disposition of Shares issued or issuable upon the exercise of an Option,
an amount determined appropriate by the independent members of the Board or the Independent Committee, in its sole judgment, to
reflect the effect of a restatement of the Company’s financial statements on the Company’s stock price, up to an amount
equal to the number of Shares sold or disposed of, multiplied by a number equal to the difference between the Fair Market Value
per Share at the time of sale or disposition and the Exercise Price.

 

(ii)        “Other
Share-Based Award” means an Award granted pursuant to Section 12.

 

(jj)       
“Participant” means an Employee or Director who has received an Award.

 

(kk)      “Performance
Shares” means an Award denominated in Shares granted pursuant to Section 11 that may be earned in whole or in part based
upon attainment of performance objectives, which shall be established by the Administrator pursuant to Section 14 with respect
to Awards intended to be “performance-based” for purposes of Section 162(m) of the Code.

 

    	 

    	 

    

 

(ll)        “Plan”
means this 2006 Equity Incentive Plan, as amended and restated.

 

(mm)    “Prior
Plans” means the Company’s 2002 Price-Vested Stock Option Plan, the 1996 Price-Vested Stock Option Plan and the
Time-Vested Stock Option Plan.

 

(nn)      “Purchase
Price” means the Exercise Price times the number of whole Shares with respect to which an Option is exercised.

 

(oo)      “Restricted
Stock” means Shares granted pursuant to Section 9.

 

(pp)      “Restricted
Stock Unit” means an Award denominated in Shares granted pursuant to Section 10 in which the Participant has the right
to receive a specified number of Shares over a specified period of time.

 

(qq)      “Retirement”
means the voluntary termination of employment by an Employee at (i) age 60 or (ii) age 55 or older at a time when age plus years
of service equals or exceeds 65.

 

(rr)       “Share”
means one share of Common Stock, adjusted in accordance with Section 19 (if applicable).

 

(ss)      “Share
Equivalent” means a bookkeeping entry representing a right to the equivalent of one Share.

 

(tt)       “Stock
Right” means a right to receive an amount equal to the value of a specified number of Shares which will be payable in
Shares or cash as established by the Administrator.

 

(uu)      “Subsidiary”
means any company in an unbroken chain of companies beginning with the Company if each of the companies other than the last company
in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the
other Companies in such chain.

 

		3.	EFFECTIVE DATE.

 

This Plan was initially
adopted by the Board on January 10, 2006, and became effective on the date the Plan was initially approved by the Company's shareholders.
This Plan was amended and restated by the Board on January 13, 2015, to be effective on the date the amended and restated Plan
is approved by shareholders (the “Effective Date”).

 

		4.	ADMINISTRATION.

 

(a)       Administration
with respect to Non-Employee Directors. With respect to Awards to Non-Employee Directors, the Plan shall be administered by
the Governance Committee of the Board or another independent committee of the Board.

 

(b)       Administration
with respect to Employees. With respect to Awards to Employees, the Plan shall be administered by the Board, the Committee
or a committee of the Board consisting of Board members who qualify as an “outside director” for purposes of Code Section
162(m) and as a “non-employee director” for purposes of Rule 16b-3 promulgated under the Exchange Act.

 

(i)   If
any member of the Committee does not qualify as an “outside director” for purposes of Code Section 162(m), Awards under
the Plan for the Covered Employees shall be administered by a subcommittee consisting of each Committee member who qualifies as
an “outside director.” If fewer than two Committee members qualify as “outside directors,” the Board shall
appoint one or more other Board members to such subcommittee who do qualify as “outside directors,” so that the subcommittee
will at all times consist of two or more members, all of whom qualify as “outside directors” for purposes of Code Section
162(m).

 

    	 

    	 

    

 

(ii)   If
any member of the Committee does not qualify as a “non-employee director” for purposes of Rule 16b-3 promulgated under
the Exchange Act, then Awards under the Plan for the executive officers of the Company and Directors shall be administered by a
subcommittee consisting of each Committee member who qualifies as a “non-employee director.” If fewer than two Committee
members qualify as “non-employee directors,” then the Board shall appoint one or more other Board members to such subcommittee
who do qualify as “non-employee directors,” so that the subcommittee will at all times consist of two or more members
all of whom qualify as “non-employee directors” for purposes of Rule 16b-3 promulgated under the Exchange Act.

 

(c)        Delegation
of Authority to an Officer of the Company or Other Board Committee. The Board may delegate to (i) an officer or officers of
the Company and/or (ii) a committee of the Board which may consist of Directors who are also Employees the authority to administer
the Plan with respect to Awards made to Employees who are not subject to Section 16 of the Exchange Act.

 

(d)        Powers
of the Administrator. The Administrator shall from time to time at its discretion make determinations with respect to Employees
and Directors who shall be granted Awards, the number of Shares or Share Equivalents to be subject to each Award, the vesting of
Awards, the designation of Options as Incentive Stock Options or Nonqualified Stock Options and other conditions of Awards.

 

The interpretation and
construction by the Administrator of any provisions of the Plan or of any Award shall be final. No member of the Administrator
shall be liable for any action or determination made in good faith with respect to the Plan or any Award.

 

		5.	ELIGIBILITY.

 

Subject to the terms and
conditions set forth below, Awards may be granted to Employees or Directors. Notwithstanding the foregoing, only employees of the
Company and its Subsidiaries may be granted Incentive Stock Options.

 

(a)       Ten
Percent Shareholders. An Employee who owns more than 10% of the total combined voting power of all classes of outstanding stock
of the Company, its parent or any of its Subsidiaries is not eligible to receive an Incentive Stock Option pursuant to this Plan.
For purposes of this Section 5(a) the stock ownership of an Employee shall be determined pursuant to Code Section 424(d).

 

(b)       Number
of Awards. A Participant may receive more than one Award, including Awards of the same type, but only on the terms and subject
to the restrictions set forth in the Plan. Subject to adjustment as provided in Section 19, the following maximum limits shall
apply to the amount that may be awarded to any Participant during any calendar year: (i) Options and Stock Appreciation Rights
that relate to no more than 1,000,000 Shares; and (ii) Performance Shares, Restricted Stock, Restricted Stock Units and Other
Share-Based Awards that relate to no more than 1,000,000 Shares. No Non-Employee Director shall be granted Awards during any one
calendar year for services as a Non-Employee Director in excess of 100,000 Shares.

 

		6.	STOCK.

 

The stock subject to Awards
granted under the Plan shall be Shares of the Company’s authorized but unissued or reacquired Common Stock. The aggregate
number of Shares subject to Awards issued under this Plan (including Shares previously authorized by the Company’s shareholders)
shall not exceed 11,679,265 Shares. If any outstanding Option or Stock Appreciation Right under the Plan or any outstanding stock
option grant under the Prior Plans for any reason expires or is terminated or any Restricted Stock or Other Share-Based Award is
forfeited and under the terms of the expired or terminated Award the Participant received no financial benefits of ownership during
the period the Award was outstanding, then the Shares allocable to the unexercised portion of such Option or the forfeited Restricted
Stock or Other Share-Based Award may again be subjected to Awards under the Plan. The following Shares may not again be made available
for issuance under the Plan: Shares not issued or delivered as a result of the net exercise of a Stock Appreciation Right or Option
and Shares used to pay the withholding taxes related to an Award.

 

    	 

    	 

    

 

The limitations established
by this Section 6 shall be subject to adjustment as provided in Section 19.

 

		7.	TERMS AND CONDITIONS OF OPTIONS.

 

Options granted to Employees
and Directors pursuant to the Plan shall be evidenced by written Option Agreements in such form as the Administrator shall determine,
subject to the following terms and conditions:

 

(a)       Number
of Shares. Each Option shall state the number of Shares to which it pertains, which shall be subject to adjustment in accordance
with Section 19.

 

(b)       Exercise
Price. Each Option shall state the Exercise Price, determined by the Administrator, which shall not be less than the Fair Market
Value of a Share on the date of grant, except as provided in Section 19.

 

(c)        Medium
and Time of Payment. The Purchase Price shall be payable in full in United States dollars upon the exercise of the Option;
provided that with the consent of the Administrator and in accordance with its rules and regulations, the Purchase
Price may be paid by the surrender of Shares in good form for transfer, owned by the person exercising the Option and having a
Fair Market Value on the date of exercise equal to the Purchase Price, or in any combination of cash and Shares, or in such acceptable
form of payment as approved by the Administrator, so long as the total of the cash and the Fair Market Value of the Shares surrendered
equals the Purchase Price. No Shares shall be issued until full payment has been made.

 

(d)       Term
and Exercise of Options; Nontransferability of Options. Each Option shall state the date after which it shall cease to be exercisable.
No Option shall be exercisable after the expiration of ten years from the date it is granted or such lesser period established
by the Administrator; provided that unless otherwise specified by the Administrator, the Company’s practice shall
be that no Option shall be exercisable after the expiration of seven years from the date it is granted. Except as provided in Section
15(a) or in the event of a Participant’s death or Disability, an Option shall not become vested before the expiration of
one year from the date the Option is granted. An Option shall, during a Participant’s lifetime, be exercisable only by the
Participant. No Option or any right granted thereunder shall be transferable by the Participant by operation of law or otherwise,
other than by will or the laws of descent and distribution. Notwithstanding the foregoing, (i) a Participant may designate a Beneficiary
to succeed, after the Participant’s death, to all of the Participant’s Options outstanding on the date of death; (ii)
a Nonstatutory Stock Option or any right granted thereunder may be transferable pursuant to a qualified domestic relations order
as defined in the Code or Title I of the Employee Retirement Income Security Act; and (iii) any Participant may voluntarily transfer
any Nonstatutory Stock Option to a Family Member as a gift or through a transfer to an entity domiciled in the United States in
which more than 50% of the voting or beneficial interests are owned by Family Members (or the Participant) in exchange for an interest
in that entity. In the event of any attempt by a Participant to alienate, assign, pledge, hypothecate or otherwise dispose of an
Option or of any right thereunder, except as provided herein, or in the event of the levy of any attachment, execution or similar
process upon the rights or interest hereby conferred, the Company at its election may terminate the affected Option by notice to
the Participant, and the Option shall thereupon become null and void.

 

(e)       Termination
of Employment. In the event that a Participant who is an Employee ceases to be employed by the Company or any of its Affiliates
for any reason, such Participant (or in the case of death, such Participant’s designated Beneficiary) shall have the right
(subject to the limitation that no Option may be exercised after its stated expiration date) to exercise the Option, to the extent
that, at the date of termination of employment, the Option had vested pursuant to the terms of the Option Agreement with respect
to which such Option was granted and had not previously been exercised, either:

 

(i)    within
four months after such termination of employment; or

 

(ii)    in
the case of Retirement or death within one year after the date thereof; or

 

    	 

    	 

    

 

(iii)   in
the case of Disability, within one year from the date the Committee or its delegate determines that the Participant is Disabled;
or

 

(iv)   on
such other terms established by the Committee in the Agreement or otherwise prior to termination.

 

However, in addition to
the rights and obligations established in Section 16 below, if the employment of a Participant is terminated by the Company or
an Affiliate by reason of Cause, such Option shall cease to be exercisable at the time of the Participant’s termination of
employment. The independent members of the Board or the Independent Committee shall determine whether a Participant’s employment
is terminated by reason of Cause. In making such determination, such body shall act fairly and shall give the Participant an opportunity
to be heard and present evidence on his or her behalf. If a Participant’s employment terminates for reasons other than Cause,
but Cause is discovered after the termination and is determined to have occurred by such body, all outstanding Options shall cease
to be exercisable upon such determination.

 

For purposes of this Section,
the employment relationship will be treated as continuing while the Participant is on military leave, sick leave (including short-term
disability) or other bona fide leave of absence (to be determined in the sole discretion of the Administrator, in accordance with
rules and regulations construing Code Sections 422(a)(2) and 409A). Notwithstanding the foregoing, in the case of an Incentive
Stock Option, employment shall not be deemed to continue beyond three months after the Participant ceased active employment, unless
the Participant’s reemployment rights are guaranteed by statute or by contract. In the event that an Incentive Stock Option
is exercised after the period following termination of employment that is required for qualification under Code Section 422(b),
such Option shall be treated as a Nonqualified Stock Option for all Plan purposes.

 

In the event a Non-Employee
Director terminates service as a Director, the former Director (or his or her designated Beneficiary in the event of the Non-Employee
Director’s death) shall have the right (subject to the limitation that no Option may be exercised after its stated expiration
date) to exercise the Option (to the extent vested pursuant to the terms of the Option Agreement and not previously exercised)
within one year after such termination or on such other terms established by the Board in the Agreement or otherwise prior to termination
of service.

 

(f)        Rights
as a Shareholder. A Participant or a transferee of a Participant shall have no rights as a shareholder with respect to any
Shares covered by his or her Option until the date of issuance of a stock certificate for such Shares. No adjustment shall be made
for dividends, distributions or other rights for which the record date is prior to the date such stock certificate is issued, except
as provided in Section 19.

 

(g)       Modification,
Extension and Renewal of Options. Subject to the terms and conditions and within the limitations of the Plan, including the
limitations of Section 22, the Administrator may modify, extend or renew outstanding Options granted to Employees and Directors
under the Plan. Notwithstanding the foregoing, however, no modification of an Option shall, without the consent of the Participant,
alter or impair any rights or obligations under any Option previously granted under the Plan or cause any Option to fail to be
exempt from the requirements of Code Section 409A.

 

(h)       Limitation
of Incentive Stock Option Awards. If and to the extent that the aggregate Fair Market Value (determined as of the date the
Option is granted) of the Shares with respect to which any Incentive Stock Options are exercisable for the first time by a Participant
during any calendar year under this Plan and all other plans maintained by the Company, its parent or its Subsidiaries exceeds
$100,000, the excess (taking into account the order in which they were granted) shall be treated as Nonqualified Stock Options.

 

(i)        No
Reload Options. Options that provide for the automatic grant of another Option upon exercise of the original Option may not
be granted under the Plan.

 

    	 

    	 

    

 

(j)        Other
Provisions. The Option Agreement shall contain such other provisions that are consistent with the terms of the Plan, including,
without limitation, restrictions upon the exercise of the Option, as the Administrator shall deem advisable.

 

		8.	STOCK APPRECIATION RIGHTS.

 

Stock Appreciation Rights
granted to Participants pursuant to the Plan may be granted alone, in addition to or in conjunction with, Options.

 

(a)       Number
of Shares. Each Stock Appreciation Right shall state the number of Shares or Share Equivalents to which it pertains, which
shall be subject to adjustment in accordance with Section 19.

 

(b)       Calculation
of Appreciation; Exercise Price. The appreciation distribution payable on the exercise of a Stock Appreciation Right will be
equal to the excess of (i) the aggregate Fair Market Value (on the day before the date of exercise of the Stock Appreciation Right)
of a number of Shares equal to the number of Shares or Share Equivalents in which the Participant is vested under such Stock Appreciation
Right on such date, over (ii) the Exercise Price determined by the Administrator on the date of grant of the Stock Appreciation
Right, which shall not be less than 100% of the Fair Market Value of a Share on the date of grant.

 

(c)        Term
and Exercise of Stock Appreciation Rights. Each Stock Appreciation Right shall state the time or times when it may become exercisable.
No Stock Appreciation Right shall be exercisable after the expiration of seven years from the date it is granted or such lesser
period established by the Administrator. Except as provided in Section 15(a) or in the event of a Participant’s death or
Disability, a Stock Appreciation Right shall not become vested before the expiration of one year from the date the Stock Appreciation
Right is granted.

 

(d)       Payment.
The appreciation distribution in respect of a Stock Appreciation Right may be paid in Common Stock or in cash, or any combination
of the two, or in any other form of consideration as determined by the Administrator and contained in the Stock Appreciation Right
Agreement.

 

(e)       Limitations
on Transferability. A Stock Appreciation Right shall, during a Participant’s lifetime, be exercisable only by the Participant.
No Stock Appreciation Right or any right granted thereunder shall be transferable by the Participant by operation of law or otherwise,
other than by will or the laws of descent and distribution. Notwithstanding the foregoing, a Participant may designate a beneficiary
to succeed, after the Participant’s death, to all of the Participant’s Stock Appreciation Rights outstanding on the
date of termination of employment. Each Stock Appreciation Right Agreement shall set forth the extent to which the Participant
shall have the right to exercise the Stock Appreciation Right following termination of the Participant’s employment or service
with the Company and its Affiliates. Such provisions shall be determined in the sole discretion of the Administrator, need not
be uniform among all Stock Appreciation Right Agreements entered into pursuant to the Plan and may reflect distinctions based on
the reasons for termination of employment.

 

(f)        Termination
of Employment. Subject to the limitation that no Stock Appreciation Right may be exercised after its stated expiration date,
each Stock Appreciation Right Agreement shall set forth the extent to which the Participant shall have the right to exercise the
Stock Appreciation Right, to the extent vested, following termination of the Participant’s employment of service with the
Company and its Affiliates. Such provisions shall be determined in the sole discretion of the Administrator, need not be uniform
among all Stock Appreciation Rights Agreements entered into pursuant to the Plan and may reflect distinctions based on the reasons
for termination of employment.

 

(g)       Rights
as a Shareholder. A Participant or a transferee of a Participant shall have no rights as a shareholder with respect to any
Shares covered by his or her Stock Appreciation Right until the date of issuance of such Shares. Except as provided in Section
19, no adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date such
Shares are issued.

 

(h)       Other
Terms and Conditions. The Stock Appreciation Right Agreement may contain such other terms and conditions, including restrictions
or conditions on the vesting of the Stock Appreciation Right

 

    	 

    	 

    

 

or the conditions under which the Stock Appreciation
Right may be forfeited, as may be determined by the Administrator that are consistent with the Plan.

 

		9.	RESTRICTED STOCK.

 

(a)       Grants.
Subject to the provisions of the Plan, the Administrator shall have sole and complete authority to determine the Employees and
Directors to whom, and the time or times at which, grants of Restricted Stock will be made, the number of shares of Restricted
Stock to be awarded, the price (if any) to be paid by the recipient of Restricted Stock, the time or times within which such Awards
may be subject to forfeiture and all other terms and conditions of the Awards; provided, however, that except as
provided in Section 15(b) or in the event of a Participant’s death or Disability, Restricted Stock shall have a vesting period
of not less than one year. The Administrator may condition the grant of Restricted Stock upon the attainment of specified performance
objectives established by the Administrator pursuant to Section 14 or such other factors as the Administrator may determine, in
its sole discretion. In addition to the foregoing restrictions, except with respect to a maximum of 5% of the shares authorized
for issuance under Section 6, (x) any Awards of Restricted Stock which vest on the basis of the Participant’s length of service
with the Company or its subsidiaries shall not provide for vesting that is any more rapid than pro rata vesting over a three-year
period, and (y) any Awards of Restricted Stock which provide for vesting upon the attainment of performance goals shall provide
for a performance period of at least 12 months.

 

The terms of each Restricted
Stock Award shall be set forth in a Restricted Stock Agreement between the Company and the Participant, which Agreement shall contain
such provisions as the Administrator determines to be necessary or appropriate to carry out the intent of the Plan. Each Participant
receiving a Restricted Stock Award shall be issued a stock certificate in respect of such shares of Restricted Stock. Such certificate
shall be registered in the name of such Participant and shall bear an appropriate legend referring to the terms, conditions and
restrictions applicable to such Award. The Administrator shall require that stock certificates evidencing such shares be held by
the Company until the restrictions lapse and that, as a condition of any Restricted Stock Award, the Participant shall deliver
to the Company a stock power relating to the stock covered by such Award.

 

(b)       Restrictions
and Conditions. The shares of Restricted Stock awarded pursuant to this Section 9 shall be subject to the following restrictions
and conditions:

 

(i)     During
a period set by the Administrator commencing with the date of such Award (the “Restriction Period”), the Participant
shall not be permitted to sell, transfer, pledge, assign or encumber shares of Restricted Stock awarded under the Plan. Within
these limits, the Administrator, in its sole discretion, may provide for the lapse of such restrictions in installments and may
accelerate or waive such restrictions in whole or in part, based on service, performance or such other factors or criteria as the
Administrator may determine in its sole discretion; provided that the Administrator may not waive the one-year vesting restriction
in the proviso of Section 9(a).

 

(ii)    Except
as provided in this paragraph (ii) and paragraph (i) above, the Participant shall have, with respect to the shares of Restricted
Stock, all of the rights of a shareholder of the Company, including the right to vote the shares and the right to receive any cash
dividends; provided that the Administrator shall provide that either (A) the payment of ordinary cash dividends shall be
delayed unless and until the underlying Restricted Stock becomes vested or (B) such ordinary cash dividends shall be invested in
additional shares of Restricted Stock (or Share Equivalents or Restricted Stock Units) to the extent available under Section 6,
which shall be subject to the same restrictions as the underlying Restricted Stock. Stock dividends issued with respect to Restricted
Stock shall be treated as additional shares of Restricted Stock that are subject to the same restrictions and other terms and conditions
that apply to the shares with respect to which such dividends are issued.

 

(iii)   The
Administrator shall specify the conditions under which shares of Restricted Stock shall vest or be forfeited and such conditions
shall be set forth in the Restricted Stock Agreement.

 

    	 

    	 

    

 

(iv)   If
and when the Restriction Period applicable to shares of Restricted Stock expires without a prior forfeiture of the Restricted Stock,
certificates for an appropriate number of unrestricted shares shall be delivered promptly to the Participant, and the certificates
for the shares of Restricted Stock shall be cancelled.

 

		10.	RESTRICTED STOCK UNITS.

 

(a)       Grants.
Subject to the provisions of the Plan, the Administrator shall have sole and complete authority to determine the Employees and
Directors to whom, and the time or times at which, grants of Restricted Stock Units will be made, the number of Restricted Stock
Units to be awarded, the price (if any) to be paid by the recipient of the Restricted Stock Units, the time or times within which
such Restricted Stock Units may be subject to forfeiture and all other terms and conditions of the Restricted Stock Unit Awards;
provided, however, that except as set forth in Section 15(b) or in the event of a Participant’s death or Disability,
Restricted Stock Units shall have a vesting period of not less than one year. The Administrator may condition the grant of Restricted
Stock Unit Awards upon the attainment of specified performance objectives established by the Administrator pursuant to Section
14 or such other factors as the Administrator may determine, in its sole discretion. In addition to the foregoing restrictions,
except with respect to a maximum of 5% of the shares authorized for issuance under Section 6, (x) any Restricted Stock Units which
vest on the basis of the Participant’s length of service with the Company or its subsidiaries shall not provide for vesting
that is any more rapid than pro rata vesting over a three-year period, and (y) any Restricted Stock Units which provide for vesting
upon the attainment of performance goals shall provide for a performance period of at least 12 months.

 

The terms of each Restricted
Stock Unit Award shall be set forth in a Restricted Stock Unit Award Agreement between the Company and the Participant, which Agreement
shall contain such provisions as the Administrator determines to be necessary or appropriate to carry out the intent of the Plan.
With respect to a Restricted Stock Unit Award, no certificate for shares of stock shall be issued at the time the grant is made
(nor shall any book entry be made in the records of the Company), and the Participant shall have no right to or interest in shares
of stock of the Company as a result of the grant of Restricted Stock Units.

 

(b)       Restrictions
and Conditions. The Restricted Stock Units awarded pursuant to this Section 10 shall be subject to the following restrictions
and conditions:

 

(i)   
 At the time of grant of a Restricted Stock Unit Award, the Administrator may impose such restrictions or conditions on
the vesting of the Restricted Stock Units, as the Administrator deems appropriate. Within these limits, the Administrator, in
its sole discretion, may provide for the lapse of such restrictions in installments and may accelerate or waive such
restrictions in whole or in part, based on service, performance, or such other factors or criteria as the Administrator may
determine in its sole discretion; provided that the Administrator may not waive the one-year vesting restriction in
the proviso of Section 10(a). The foregoing notwithstanding, no action pursuant to the preceding sentence may alter the time
of payment of the Restricted Stock Unit Award if such alteration would cause the Award to be subject to penalty under Code
Section 409A.

 

(ii)    Dividend
equivalents may be credited in respect of Restricted Stock Units, as the Administrator deems appropriate. Such dividend equivalents
may be paid in cash (subject to the vesting schedule of the underlying Restricted Stock Units) or converted into additional Restricted
Stock Units by dividing (1) the aggregate amount or value of the dividends paid with respect to that number of Shares equal to
the number of Restricted Stock Units then credited by (2) the Fair Market Value per Share on the payment date for such dividend.
The additional Restricted Stock Units credited by reason of such dividend equivalents will be subject to all of the terms and conditions
(including the vesting schedule) of the underlying Restricted Stock Unit Award to which they relate.

 

(iii)   The
Administrator shall specify the conditions under which Restricted Stock Units shall vest or be forfeited and such conditions shall
be set forth in the Restricted Stock Unit Agreement.

 

(c)       Deferral
Election. Each recipient of a Restricted Stock Unit Award may be eligible, subject to Administrator approval, to elect to defer
all or a percentage of any Shares he or she may be entitled to

 

    	 

    	 

    

 

receive upon the lapse of any restrictions
or vesting period to which the Award is subject. This election shall be made by giving notice in a manner and within the time prescribed
by the Administrator and in compliance with the requirements of Code Section 409A. Each Participant must indicate the percentage
(expressed in whole percentages) he or she elects to defer of any Shares he or she may be entitled to receive. If no notice is
given, the Participant shall be deemed to have made no deferral election. Each deferral election filed with the Administrator shall
become irrevocable on and after the prescribed deadline.

 

		11.	PERFORMANCE SHARES.

 

(a)       Grants.
Subject to the provisions of the Plan, the Administrator shall have sole and complete authority to determine the Employees and
Directors to whom, and the time or times at which, grants of Performance Shares will be made, the number of Performance Shares
to be awarded, the price (if any) to be paid by the recipient of the Performance Shares, the time or times within which such Performance
Shares may be subject to forfeiture and all other terms and conditions of the Performance Share Awards; provided, however,
that except as set forth in Section 15(b) or in the event of a Participant’s death or Disability, Performance Shares shall
have a vesting period of not less than one year. The Administrator may condition the grant of Performance Share Awards upon the
attainment of specified performance objectives established by the Administrator pursuant to Section 14 or such other factors as
the Administrator may determine, in its sole discretion.

 

The terms of each Performance
Share Award shall be set forth in a Performance Share Award Agreement between the Company and the Participant, which Agreement
shall contain such provisions as the Administrator determines to be necessary or appropriate to carry out the intent of the Plan.
With respect to a Performance Share Award, no certificate for shares of stock shall be issued at the time the grant is made (nor
shall any book entry be made in the records of the Company), and the Participant shall have no right to or interest in shares of
stock of the Company as a result of the grant of Performance Shares.

 

(b)       Restrictions
and Conditions. The Performance Shares awarded pursuant to this Section 11 shall be subject to the following restrictions and
conditions:

 

(i)    At
the time of grant of a Performance Share Award, the Administrator may set performance objectives in its discretion which, depending
on the extent to which they are met, will determined the number of Performance Shares that will be paid out to the Participant.
The time period during which the performance objectives must be met will be called the “Performance Period.” After
the applicable Performance Period has ended, the recipient of the Performance Shares will be entitled to receive the number of
Performance Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which
the corresponding performance objectives have been achieved. After the grant of a Performance Share Award, the Administrator, in
its sole discretion, may reduce or waive any performance objective for such Performance Share Award; provided, however,
that the Administrator may not waive the restriction in the proviso of Section 11(a) and further provided that no performance
objective may be waived or reduced for a Covered Employee and further provided that no such action may alter the time of
payment of the Performance Share Award if such alteration would cause the award to be subject to penalty under Code Section 409A.

 

(ii)    Dividend
equivalents will not be credited in respect of any unearned Performance Share Award during the applicable Performance Period.

 

		12.	OTHER SHARE-BASED AWARDS.

 

(a)       Grants.
Other Awards of Shares and other Awards that are valued in whole or in part by reference to, or are otherwise based on, Shares
(“Other Share-Based Awards”), may be granted either alone or in addition to or in conjunction with other Awards under
this Plan. Awards under this Section 12 may include (without limitation) Stock Rights, the grant of Shares conditioned upon some
specified event, the payment of cash based upon the performance of the Shares or the grant of securities convertible into Shares.

 

    	 

    	 

    

 

Subject to the provisions
of the Plan, the Administrator shall have sole and complete authority to determine the Employees and Directors to whom and the
time or times at which Other Share-Based Awards shall be made, the number of Shares or other securities, if any, to be granted
pursuant to Other Share-Based Awards, and all other conditions of the Other Share-Based Awards; provided, however,
that except as set forth in Section 15(b) or in the event of a Participant’s death or Disability, Other Share-Based Awards
shall have a vesting period of not less than one year. The Administrator may condition the grant of an Other Share-Based Award
upon the attainment of specified performance goals or such other factors as the Administrator shall determine, in its sole discretion.
In granting an Other Share-Based Award, the Administrator may determine that the recipient of an Other Share-Based Award shall
be entitled to receive, currently or on a deferred basis, interest or dividends or dividend equivalents with respect to the Shares
or other securities covered by the Award, and the Administrator may provide that such amounts (if any) shall be deemed to have
been reinvested in additional Shares or otherwise reinvested; provided that the Administrator shall provide that either
(A) the payment of ordinary cash dividends shall be delayed unless and until the underlying Award becomes vested or (B) such ordinary
cash dividends shall be invested in additional Shares, Share Equivalents or Restricted Stock Units to the extent available under
Section 6, which shall be subject to the same restrictions as the underlying Award. The terms of any Other Share-Based Award shall
be set forth in an Other Share-Based Award Agreement between the Company and the Participant, which Agreement shall contain such
provisions as the Administrator determines to be necessary or appropriate to carry out the intent of the Plan.

 

(b)      Terms
and Conditions. In addition to the terms and conditions specified in the Other Share-Based Award Agreement, Other Share-Based
Awards shall be subject to the following:

 

(i)     Any
Other Share-Based Award may not be sold, assigned, transferred, pledged or otherwise encumbered prior to the date on which the
Shares are issued or the Award becomes payable, or, if later, the date on which any applicable restriction, performance or deferral
period lapses.

 

(ii)    The
Other Share-Based Award Agreement shall contain provisions dealing with the disposition of such Award in the event of termination
of the Employee's employment or the Director’s service prior to the exercise, realization or payment of such Award, and,
subject to the achievement of one-year minimum vesting (unless otherwise in connection with a Change-in-Control), the Administrator
in its sole discretion may provide for payment of the Award in the event of the Participant’s Disability or death, with such
provisions to take account of the specific nature and purpose of the Award.

 

		13.	OTHER PAYMENTS IN SHARES.

 

Shares may be issued under
this Plan to satisfy the payment of all or part of an award pursuant to the Company’s annual bonus plan. In addition, all
or part of any Director’s fees may be paid in Shares or Share Equivalents issued under this Plan. Any Shares issued pursuant
to this Section 13 shall reduce the number of Shares authorized under Section 6 but shall not be considered an Award for purposes
of the maximum grant limitation in Section 5(b).

 

		14.	PERFORMANCE OBJECTIVES.

 

(a)       Authority
to Establish. The Administrator shall determine the terms and conditions of Awards at the date of grant or thereafter; provided
that performance objectives for each year, if any, shall be established by the Administrator not later than the latest date permissible
under Code Section 162(m).

 

(b)       Criteria.
To the extent that such Awards are paid to Employees the performance objectives to be used, if any, shall be expressed in terms
of one or more of the following: total shareholder return; earnings per share; stock price; return on equity; net earnings; income
from continuing operations; related return ratios; cash flow; net earnings growth; earnings before interest, taxes, depreciation
and amortization (“EBITDA”); gross or operating margins; productivity ratios; expense targets; operating efficiency;
market share; customer satisfaction; working capital targets (including, but not limited to days sales outstanding); return on
assets; increase in revenues; decrease in expenses; increase in funds from operations (“FFO”); and increase in FFO
per share. Awards may be based on performance against

 

    	 

    	 

    

 

objectives for more than one Subsidiary or
segment of the Company. For example, awards for a Participant employed by the Company may be based on overall corporate performance
against objectives, but awards for a Participant employed by a Subsidiary may be based on a combination of corporate, segment and
Subsidiary performance against objectives. Performance objectives, if any, established by the Administrator may be (but need not
be) different from year-to-year, and different performance objectives may be applicable to different Participants. Performance
objectives may be determined on an absolute basis or relative to internal goals or relative to levels attained in prior years or
related to other companies or indices or as ratios expressing relationships between two or more performance objectives. In addition,
performance objectives may be based upon the attainment of specified levels of Company performance under one or more of the measures
described above relative to the performance of other corporations.

 

(c)       Adjustments.
The Committee shall specify the manner of adjustment of any performance objectives to the extent necessary to prevent dilution
or enlargement of any award as a result of extraordinary events or circumstances, as determined by the Committee, or to exclude
the effects of extraordinary, unusual or nonrecurring items; changes in applicable laws, regulations, or accounting principles;
currency fluctuations; discontinued operations; noncash items, such as amortization, depreciation or reserves; asset impairment;
or any recapitalization, restructuring, reorganization, merger, acquisition, divestiture, consolidation, spin-off, split-up, combination,
liquidation, dissolution, sale of assets or other similar corporate transaction. Any adjustment to performance objectives pursuant
to this Section 14(c) shall be done in accordance with Code Section 162(m).

 

		15.	CHANGE-IN-CONTROL.

 

(a)       Effect
of Change-in-Control on Options and Stock Appreciation Rights. Subject to the limitations set forth in Section 15(c), in the
event of a Change-in-Control, the surviving, continuing, successor or purchasing Company or other business entity or parent thereof,
as the case may be (the “Acquiror”) may, without the consent of any Participant, either assume or continue the Company’s
rights and obligations under outstanding Options and Stock Appreciation Rights or substitute for outstanding Options and Stock
Appreciation Rights substantially equivalent options covering the Acquiror’s stock. All Options and Stock Appreciation Rights
assumed or continued by the Acquiror in connection with a Change-in-Control will become fully vested and exercisable if the Participant’s
employment is terminated without Cause at any time during the 12-month period following the Change-in-Control.

 

Any Option or Stock Appreciation
Right granted one year or more prior to the Change-in-Control that is neither assumed nor continued by the Acquiror in connection
with the Change-in-Control shall, contingent on the Change-in-Control, become fully vested and exercisable immediately prior to
the Change-in-Control. Any Option or Stock Appreciation Right granted less than one year prior to the Change-in-Control that is
neither assumed nor continued by the Acquiror in connection with the Change-in-Control shall, to the extent not previously vested
and exercisable, immediately prior to the Change-in-Control become vested and exercisable as to the number of Shares subject to
such Option or Stock Appreciation Right equal to (i) the number of Shares originally subject to such Option or Stock Appreciation
Right, multiplied by (ii) the number of whole months between the Grant Date and the Change-in-Control, divided by (iii) the number
of months between the Grant Date and the date on which all Shares originally subject to such Option or Stock Appreciation Right
would have been fully vested and exercisable; and such Option or Stock Appreciation Right shall terminate with respect to all remaining
Shares subject to such Option or Stock Appreciation Right.

 

(b)       Effect of Change-in-Control
on Awards Other Than Options. Subject to the limitations set forth in Section 15(c), in the event of a Change-in-Control, the
Acquiror may, without the consent of any Participant, either assume or continue the Company’s rights and obligations under
outstanding Awards other than Options or substitute for such Awards substantially equivalent awards covering the Acquiror’s
stock. All Awards other than Options assumed or continued by the Acquiror in connection with a Change-in-Control will become fully
vested and all restrictions on such Awards will lapse if the Participant’s employment is terminated without Cause at any
time during the 12-month period following the Change-in-Control. Any Award that is neither assumed nor continued by the Acquiror
in connection with the Change-in-Control shall, upon the Change-in-Control, become fully vested and all restrictions shall be released
immediately prior to the Change-in-Control, and all Restricted Unit Awards and Performance

 

    	 

    	 

    

 

Share Awards shall become immediately payable.
Notwithstanding anything in this Section 15(b) to the contrary, with respect to any Award of Restricted Stock Units or Performance
Shares granted under this Plan that constitutes deferred compensation within the meaning of Section 409A of the Code, if the Change-in-Control
does not constitute a “change in effective ownership or control” of the Company within the meaning of Section 409A
of the Code, Restricted Stock Units and Performance Shares shall vest as provided in this Section 15(b), but shall be payable to
the Participant in accordance with the payment provisions of the applicable Award Agreement.

 

(c)      Limitation on Acceleration.
In connection with any acceleration of vesting or change in exercisability upon or after a Change-in-Control, if any amount or
benefit to be paid or provided under an Award or under any other agreement between a Participant and Company would be an Excess
Parachute Payment (including after taking into account the value, to the maximum extent permitted by Code Section 280G, of covenants
by or restrictions on Participant following the Change-in-Control), then the payments and benefits to be paid or provided will
be reduced to the minimum extent necessary (but in no event to less than zero) so that no portion of any such payment or benefit,
as so reduced, constitutes an Excess Parachute Payment; provided, however, that the foregoing reduction will not
be made if such reduction would result in a Participant’s receiving an After-Tax Amount less than 90% of the After-Tax Amount
of the payments Participant would have received under such Awards or any other agreement without regard to this limitation. Whether
requested by a Participant or the Company, the determination of whether any reduction in such payments or benefits is required
pursuant to the preceding sentence, and the value to be assigned to any covenants by or restrictions on Participant, for purposes
of determining the amount, if any, of the Excess Parachute Payment will be made at the expense of the Company by the Company’s
independent accountants or benefits consultant. The fact that a Participant’s right to payments or benefits may be reduced
by reason of the limitations contained in this paragraph will not of itself limit or otherwise affect any other rights of a Participant
under any other agreement. In the event that any payment or benefit intended to be provided is required to be reduced pursuant
to this paragraph, a Participant will be entitled to designate the payments and/or benefits to be so reduced in order to give effect
to this paragraph, provided, however, if any such payments and/or benefits constitute deferred compensation within
the meaning of Section 409A, the following rules shall apply: first a pro rata reduction of (i) cash payments subject to Section
409A of the Code as deferred compensation and (ii) cash payments not subject to Section 409A of the Code, and second a pro rata
cancellation of (x) equity-based compensation subject to Section 409A of the Code as deferred compensation and (y) equity-based
compensation not subject to Section 409A of the Code. The Company will provide Participant with all information reasonably requested
by Participant to permit Participant to make such designation. In the event that Participant fails to make such designation within
ten business days after receiving notice from the Company of a reduction under this paragraph, the Company may effect such reduction
in any manner it deems appropriate.

 

		16.	FORFEITURE FOR CAUSE.

 

Notwithstanding any other
provision of this Plan to the contrary, if the independent members of the Board or the Independent Committee determines that a
Participant has engaged in conduct which constitutes Cause, the following provisions shall apply:

 

(a)       Any
outstanding Option shall immediately and automatically terminate, be forfeited and shall cease to be exercisable, without limitation.
In addition, any shares of Restricted Stock, Restricted Stock Units or Performance Shares as to which the restrictions have not
lapsed shall immediately and automatically be forfeited, all of the rights of the Participant to such shares or share equivalents
shall immediately terminate, and any Restricted Stock shall be returned to the Company.

 

(b)       The
lapse of restrictions on or vesting of Restricted Stock, Restricted Stock Units or Performance Shares that have vested or upon
which the restrictions have lapsed within the 36-month period immediately prior to the date it is determined that the Participant
engaged in conduct constituting Cause (the “Determination Date”) shall be rescinded and all outstanding Awards shall
be canceled. The Participant shall deliver to the Company the Shares delivered upon vesting or lapse of restrictions if such vesting
or lapse of restrictions has been rescinded and the Shares retained by the Participant.

 

    	 

    	 

    

 

(c)       The
independent members of the Board or the Independent Committee may, to the extent permitted by applicable law, rescind any Awards
made to the Participant within the 36-month period immediately prior to the Determination Date.

 

(d)       The
independent members of the Board or the Independent Committee may, to the extent permitted by applicable law, recover any gains
realized from the sale of vested Shares or the sale or other disposition of any Shares issued or issuable upon the exercise of
an Option, in the case of any such sale or other disposition during the 36-month period immediately prior to the Determination
Date.

 

The independent members
of the Board or the Independent Committee shall determine in such body’s sole discretion whether the Participant has engaged
in conduct that constitutes Cause.

 

Any provision of this
Section 16 which is determined by a court of competent jurisdiction to be invalid or unenforceable should be construed or limited
in a manner that is valid and enforceable and that comes closest to the business objectives intended by such invalid or unenforceable
provision, without invalidating or rendering unenforceable the remaining provisions of this Section 16.

 

		17.	RECOUPMENT.

 

Dodd-Frank Clawback.
The Committee shall have full authority to implement any policies and procedures necessary to comply with Section 10D of the Exchange
Act and any rules promulgated thereunder. Without limiting the foregoing, the Committee may provide in award agreements or with
respect to any Award granted hereunder that, in event of a financial restatement that reduces amount of previously awarded incentive
compensation that would not have been earned had results been properly reported, outstanding awards will be cancelled and Company
may clawback (i.e., recapture) realized Option/Stock Appreciation Right gains and realized value for vested Restricted Stock or
Restricted Stock Units or earned Performance Shares or Other Share-Based Awards within 12 months preceding financial restatement.

 

Recoupment in the Event
of Restatement. Notwithstanding any other provision of this Plan to the contrary, if the Company’s financial statements
are the subject of a restatement due to misconduct, fraud or malfeasance, then the following shall apply:

 

(a)      To
the extent permitted by governing law, the independent members of the Board or the Independent Committee may, in its discretion,
(i) rescind any Excess Equity Award or portion thereof made to an Executive Officer within the 36-month period immediately prior
to the date such material restatement is first publicly disclosed and (ii) in the event that an Executive Officer has sold or otherwise
disposed of some or all of the Shares subject to the Excess Equity Award, recover any gains made from the sale or other disposition
of such Shares that was effected during the 36-month period immediately prior to the date such material restatement is first publicly
disclosed. In no event shall the Company be required to award an Executive Officer additional equity incentive compensation should
the restated financial statements result in a higher equity incentive payment.

 

(b)      In
addition to the foregoing, the independent members of the Board or the Independent Committee may, in its discretion, require that
an Executive Officer pay the Company, in cash and upon demand, Option Proceeds resulting from the sale or other disposition of
Shares issued or issuable upon the exercise of an Option if the sale or disposition was effected during the 36-month period immediately
prior to the date such material restatement is first publicly disclosed.

 

Any provision of this
Section 17 which is determined by a court of competent jurisdiction to be invalid or unenforceable should be construed or limited
in a manner that is valid and enforceable and that comes closest to the business objectives intended by such invalid or unenforceable
provision, without invalidating or rendering unenforceable the remaining provisions of this Section 17.

 

		18.	TERM OF PLAN.

 

Awards may be granted
pursuant to the Plan until the termination of the Plan on January 10, 2022.

 

    	 

    	 

    

 

		19.	RECAPITALIZATION.

 

Subject to any required
action by the shareholders, the number of Shares covered by this Plan as provided in Section 6, the maximum grant limitation in
Section 5(b), the number of Shares or Share Equivalents covered by or referenced in each outstanding Award, and the Exercise Price
of each outstanding Option or Stock Appreciation Right and any price required to be paid for Restricted Stock or Other Share-Based
Award shall be proportionately adjusted for any increase or decrease in the number of issued Shares resulting from a subdivision
or consolidation of Shares, the payment of a stock dividend (but only of Common Stock) or any other increase or decrease in the
number of such Shares effected without receipt of consideration by the Company or the declaration of a dividend payable in cash
that has a material effect on the price of issued Shares.

 

Subject to any required
action by the shareholders, if the Company shall be a party to any merger, consolidation or other reorganization, each outstanding
Award shall pertain and apply to the securities to which a holder of the number of Shares or Share Equivalents subject to the Award
would have been entitled. In the event of a change in the Common Stock as presently constituted, which is limited to a change of
all of its authorized shares with par value into the same number of shares with a different par value or without par value, the
shares resulting from any such change shall be deemed to be the Common Stock within the meaning of the Plan.

 

To the extent that the
foregoing adjustments relate to stock or securities of the Company, such adjustments shall be made by the Administrator, whose
determination in that respect shall be final, binding and conclusive, provided that each Incentive Stock Option granted pursuant
to this Plan shall not be adjusted in a manner that causes the Option to fail to continue to qualify as an incentive stock option
within the meaning of Code Section 422 or subject the Option to the requirements of Code Section 409A.

 

Except as expressly provided
in this Section 19, a Participant shall have no rights by reason of any subdivision or consolidation of shares of stock of any
class or the payment of any stock dividend or any other increase or decrease in the number of shares of stock of any class or by
reason of any dissolution, liquidation, merger or consolidation or spin-off of assets or stock of another company, and any issue
by the Company of shares of stock of any class or securities convertible into shares of stock of any class, shall not affect the
number or price of Shares subject to the Award.

 

The grant of an Award
pursuant to the Plan shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations
or changes in its capital or business structure or to merge or consolidate or to dissolve, liquidate, sell or transfer all or any
part of its business assets.

 

		20.	SECURITIES LAW REQUIREMENTS AND LIMITATION OF RIGHTS.

 

(a)      Securities
Law. No Shares shall be issued pursuant to the Plan unless and until the Company has determined that: (i) it and the Participant
have taken all actions required to register the Shares under the Securities Act of 1933 or perfect an exemption from registration;
(ii) any applicable listing requirement of any stock exchange on which the Common Stock is listed has been satisfied; and (iii)
any other applicable provision of state or federal law has been satisfied.

 

(b)      Employment
Rights. Neither the Plan nor any Award granted under the Plan shall be deemed to give any individual a right to remain employed
by the Company or an Affiliate or to remain a Director. The Company and its Affiliates reserve the right to terminate the employment
of any employee at any time, with or without cause or for no cause, subject only to a written employment contract (if any), and
the Board reserves the right to terminate a Director’s membership on the Board for cause in accordance with the Company’s
Restated Certificate of Incorporation.

 

(c)       Shareholders'
Rights. Except as provided by the Administrator in accordance with Section 12, a Participant shall have no dividend rights,
voting rights or other rights as a shareholder with respect to any Shares covered by his or her Award prior to the issuance of
a stock certificate for such Shares. No

 

    	 

    	 

    

 

adjustment shall be made for cash dividends
or other rights for which the record date is prior to the date when such certificate is issued.

 

(d)       Creditors’
Rights. A holder of an Other Share-Based Award shall have no rights other than those of a general creditor of the Company.
An Other Share-Based Award shall represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions
of the applicable Other Share-Based Award Agreement. An Other Share-Based Award shall not be deemed to create a trust for the benefit
of any individual.

 

		21.	BENEFICIARY DESIGNATION.

 

Participants and their
Beneficiaries may designate on the prescribed form one or more Beneficiaries to whom distribution shall be made of any Award outstanding
at the time of the Participant’s or Beneficiary’s death. A Participant or Beneficiary may change such designation at
any time by filing the prescribed form with the Administrator. If a Beneficiary has not been designated or if no designated Beneficiary
survives the Participant or Beneficiary, distribution will be made to the residuary beneficiary under the terms of the Participant’s
or Beneficiary’s last will and testament or, in the absence of a last will and testament, to the Participant’s or Beneficiary’s
estate as Beneficiary.

 

		22.	AMENDMENT OF THE PLAN.

 

The Board may suspend
or discontinue the Plan or revise or amend it with respect to any Shares at the time not subject to Awards except that, without
approval of the shareholders of the Company, no such revision or amendment shall:

 

(a)      Increase
the number of Shares subject to the Plan;

 

(b)      Change
the designation in Section 5 of the class of Employees eligible to receive Awards;

 

(c)       Decrease
the price at which Incentive Stock Options may be granted;

 

(d)      Remove
the administration of the Plan from the Administrator;

 

(e)      Amend
Section 23; or

 

(f)       Amend
this Section 22 to defeat its purpose.

 

Notwithstanding anything
to the contrary in the Plan, the Committee may grant Awards with such terms, or create sub-plans, as may be necessary for the purpose
of qualifying for preferred tax treatment under non-U.S. tax laws or complying with local rules and regulations.

 

		23.	NO AUTHORITY TO REPRICE.

 

Without the consent of
the shareholders of the Company, except as provided in Section 19, the Administrator shall have no authority to effect (i) the
repricing of any outstanding Options or Stock Appreciation Rights under the Plan, (ii) the cancellation of any outstanding Options
or Stock Appreciation Rights under the Plan and the grant in substitution therefor of new Options or Stock Appreciation Rights,
or of new Restricted Stock or Restricted Stock Units or Other Stock-Based Awards, in any case covering the same or different numbers
of shares of Common Stock that has the effect of an indirect repricing, or (iii) cashing out Options or Stock Appreciation Rights
that have an Exercise Price greater than the then-Fair Market Value of the Shares.

 

		24.	NO OBLIGATION TO EXERCISE OPTION.

 

The granting of an Option
shall impose no obligation upon the Participant to exercise such Option.

 

    	 

    	 

    

 

		25.	APPROVAL OF SHAREHOLDERS.

 

This Plan and any amendments
requiring shareholder approval pursuant to Section 22 shall be subject to approval by affirmative vote of the shareholders of the
Company. Such vote shall be taken at the first annual meeting of shareholders following the adoption of the Plan or of any such
amendments, or any adjournment of such meeting.

 

		26.	WITHHOLDING TAXES.

 

(a)      General.
To the extent required by applicable law, the person exercising any Option granted under the Plan or the recipient of any payment
or distribution under the Plan shall make arrangements satisfactory to the Company for the satisfaction of any applicable withholding
tax obligations. The Company shall not be required to make such payment or distribution until such obligations are satisfied.

 

(b)      Other
Awards. The Administrator may permit a Participant who exercises Nonqualified Stock Options or who vests in Restricted Stock
Awards, Restricted Stock Unit Awards, Performance Share Awards or, as applicable, Stock Appreciation Rights and Other Share-Based
Awards, to satisfy all or part of his or her statutory minimum withholding tax obligations by having the Company withhold a portion
of the Shares that otherwise would be issued to him or her under such Awards. Such Shares shall be valued at the Fair Market Value
on the day preceding the day when taxes otherwise would be withheld in cash. The payment of withholding taxes by surrendering Shares
to the Company, if permitted by the Administrator, shall be subject to such restrictions as the Administrator may impose, including
any restrictions required by rules of the Securities and Exchange Commission.

 

		27.	SUCCESSORS AND ASSIGNS.

 

The Plan shall be binding
upon the Company, its successors and assigns, and any parent Company of the Company’s successors or assigns. Notwithstanding
that the Plan may be binding upon a successor or assign by operation of law, the Company shall require any successor or assign
to expressly assume and agree to be bound by the Plan in the same manner and to the same extent that the Company would be if no
succession or assignment had taken place.

 

		28.	EXECUTION.

 

To record the adoption
of the Plan as amended and restated on March 4, 2015, the Company has caused its authorized officer to execute the same.

 

	 	ABM INDUSTRIES INCORPORATED
	 	 
	 	By: 	/s/ Angelique Carbo
	 	 	Senior Vice President, Human Resources

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}]]