Document:

EX-10.8

 Exhibit 10.8 

VERTIV HOLDINGS CO 

EXECUTIVE CHANGE OF CONTROL PLAN 

Effective February 7, 2020 

1. Establishment of Plan and Purpose.  

(a) This Executive Change of Control Plan (the “Plan”) is maintained by Vertiv Holdings Co (the “Company”).
The Plan provides Termination Payments (as defined below) to designated executive employees of the Company or its Subsidiaries or Affiliates upon certain terminations of employment from the Company in connection with a Change of Control of the
Company. 
 (b) The Company considers the establishment and maintenance of a sound and vital management to be essential to protecting and
enhancing the best interests of the Company and its stockholders. In this connection, the Company recognizes that, as is the case with many publicly held corporations, the possibility of a Change of Control may arise and that such possibility, and
the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders. 

(c) Accordingly, the Board of Directors of the Company has determined that appropriate steps should be taken to reinforce and encourage the
continued attention and dedication of members of the Company’s management to their assigned duties without distraction in circumstances arising from the possibility of a Change of Control of the Company. 

(d) The Plan is not intended to be an “employee pension benefit plan” or “pension plan” within the meaning of Section 3(2)
of ERISA. Rather, the Plan is intended to be a “welfare benefit plan” within the meaning of Section 3(1) of ERISA and to meet the descriptive requirements of a plan constituting a “severance pay plan” within the
meaning of regulations published by the Secretary of Labor at 29 CFR § 2510.3-2(b). In the event that the Plan does not meet the requirements of a “severance pay plan” as described above, then
the Plan is intended to be “a plan which is unfunded and maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees” within the meaning of
Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. No employee contributions are required or permitted. 
 2. Effective Date. The
terms and conditions of this Plan shall become effective on the closing of the transactions (the “Transaction”) contemplated by that certain Agreement and Plan of Merger, dated as of December 10, 2019, by and among the Company,
GS Acquisition Holdings Corp, and VPE Holdings, LLC, (the “Effective Date”) with respect to any executive who has entered into an offer letter incorporating this Plan on or after the Effective Date. 

3. Definitions. Whenever used in this Plan, the following terms shall have the meanings set forth below and, when the meaning is
intended, the initial letter of the word is capitalized. 

 (a) “Annual Bonus” means an executive’s target annual cash bonus in
effect for the fiscal year of Termination (or, if greater, before the occurrence of circumstances giving rise to a Good Reason Event). 

(b) “Applicable Factor” means the multiplier corresponding to an executive’s position within the Company at the date of
Termination, as set forth in Exhibit A hereto. 
 (c) “Applicable Continuation Period” means the period of time
corresponding to an executive’s position within the Company at the date of Termination, as set forth in Exhibit A hereto. 

(d) “Base Salary” means an executive’s annual salary in effect immediately prior to the date of Termination (or, if
greater, before the occurrence of circumstances giving rise to a Good Reason Event). 
 (e) “Board” means the Board of
Directors of the Company. 
 (f) “Business” means provision of mission critical equipment for vital applications in data
centers, communication networks, and commercial and industrial environments throughout the United States and abroad through various Subsidiaries, including, but not limited to, design, engineering, manufacturing, and sales of products, services and
software to Customers throughout the world. 
 (g) “Cause” means: (i) gross negligence, willful failure to
perform, or willful misconduct in connection with the performance of an executive’s duties that results in material harm to the business of the Company or any Subsidiary; (ii) conviction of a criminal offense (other than minor
traffic offenses); (iii) material breach of any term of any agreement between an executive and the Company or any Subsidiary, including any employment, consulting or other services, confidentiality, intellectual property, non-competition
or non-disparagement agreement; (iv) violation in any material respect of the code of conduct generally applicable to executive officers, including, but not limited to, the Company’s Code of Ethics and Business Conduct;
(v) acts or omissions involving willful or intentional malfeasance or misconduct that is materially injurious to the Company or any Subsidiary, its respective businesses, reputations, prospects, or otherwise; or
(vi) commission of any act of fraud, willful destruction of any property of the Company or any Subsidiary, or embezzlement against the Company or any Subsidiary. 

(h) “Change of Control” shall mean, any of the following that occurs after the Effective Date and, which for the avoidance of
doubt, shall not include the Transaction: 
 (i) An acquisition of any shares of stock of the Company by any “Person” (as the term
“person” is used for purposes of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the “1934 Act”)), other than the Company or a wholly-owned subsidiary thereof or any employee benefit
plan (or related trust) of the Company or any of its subsidiaries, immediately after which such Person has “Beneficial Ownership” (within the meaning of Rule 13d-3 promulgated under the
1934 Act) of thirty percent (30%) or more of the then outstanding voting securities or the combined voting power of the then outstanding voting securities of the Company (or any successor to all or substantially all of the
Company’s assets); 

  
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 (ii) The individuals who, as of the Effective Date, are members of the Board (the
“Incumbent Board”) cease for any reason to constitute a majority of the Board; provided, however, that if the election, or the nomination for election by the Company’s stockholders, of any new director was
approved by a vote of at least two-thirds (2/3) of the Incumbent Board, such new director shall, for purposes of this Plan, be considered as a member of the Incumbent Board; provided further, however, that no individual
shall be considered a member of the Incumbent Board if such individual initially assumed office as a result of either an actual or threatened “Election Contest” (as described in
Rule 14a-11 promulgated under the 1934 Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a person other than the Board (a “Proxy
Contest”) including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest; 
 (iii)
Consummation of any reorganization, merger, cash tender or exchange offer, or other business combination to which the Company is a party or a sale or other disposition of all or substantially all of the assets of the Company (a “Business
Combination”), unless, following such Business Combination: (i) the beneficial owners of the Company’s outstanding voting securities immediately prior to such Business Combination are the beneficial owners, directly or indirectly,
of more than fifty percent (50%) of the combined voting power of the outstanding voting securities of the corporation resulting from the Business Combination (including, without limitation, a corporation which as a result of such
transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) (the “Successor Entity”); (ii) no Person (excluding any Successor Entity or any
employee benefit plan or related trust of the Company, such Successor Entity, or any of their affiliates) is the beneficial owner, directly or indirectly, of thirty percent (30%) or more of the combined voting power of the then
outstanding voting securities entitled to vote generally in the election of directors of the Successor Entity, except to the extent that such ownership existed prior to the Business Combination; and (iii) the individuals who were members
of the Incumbent Board (excluding, for the avoidance of doubt, any person who would not be considered a member of the Incumbent Board pursuant to subparagraph (ii) above) immediately prior to the execution of the initial agreement, or to
the action of the Board, providing for such Business Combination constitute at least a majority of the members of the board of directors of the Successor Entity; or 

(iv) Approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

(i) “Change of Control Period” means the time period that begins ninety (90) days immediately prior to, and
continues until the elapse of twenty-four (24) months immediately following a Change of Control of the Company. 
 (j)
“Competing Business” means any individual, including an executive, corporation, limited liability company, partnership, joint venture, association or other entity, regardless of form, that is directly engaged in whole or in relevant
part in any business or enterprise that is the same as, or substantially the same as, the Business, or that is taking material steps to engage in such business at the time of an executive’s Termination. 

  
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 (k) “Customers” means those individuals, companies, or other entities for
whom the Company or its predecessor has provided or does provide products or services in connection with the Business in the one (1) year period preceding an executive’s Termination. 

(l) “Long-Term Incentive Award” means any award of stock or restricted stock, stock options, restricted stock units, phantom
stock or stock appreciation rights, the vesting of which is subject to the passage of time of more than twelve (12) months or the achievement of any performance criteria measured over a performance period of more than twelve (12) months. 

(m) “Plan Administrator” means the Administrative Committee as delegated by the Board to administer the terms of this Plan.
In the event any member of the Administrative Committee is entitled to Termination Payments under this Plan, or makes a claim for benefits under this Plan, the remaining members of the Administrative Committee shall act of the Plan Administrator for
purposes of administering the terms of the Plan with respect to such executive. The Plan Administrator may delegate all or any portions of its authority under the Plan to any other person(s). 

(n) “Subsidiary” means any company (other than the Company) in an unbroken chain of companies beginning with the Company,
provided each company in the unbroken chain (other than the Company) owns, at the time of determination, 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. 

4. Term of Plan. Subject to Section 14, this Plan shall be of an indefinite term; provided, however, if the Transaction does not
close and is permanently abandoned, this Plan shall terminate. Following a termination of this Plan in accordance with this Section 4, this Plan shall thereafter be null and void and of no further effect. 

5. Termination of Employment. 

(a) The term “Termination” shall mean termination by the Company of the employment of an executive with the Company for any
reason other than death, Disability or Cause (as defined below), or, resignation by the executive upon the occurrence of any of the following events (“Good Reason Events”) during the Change of Control Period: 

(i) a material adverse change to the executive’s position, function, responsibilities or reporting level, as determined immediately prior
to the Change of Control; 
 (ii) the requirement that the executive be based more than fifty (50) miles from the location the
executive was required to perform such services immediately prior to the Change of Control; 

  
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 (iii) a material reduction in the Base Salary and Annual Bonus from those provided to the
executive immediately prior to the Change of Control, other than a reduction that is generally applicable to all executives of the Company; 

(iv) the permanent elimination of the executive’s position, not including a transfer pursuant to the sale of a facility or line of
business, provided that the executive is offered substantially comparable employment with the successor employer; or 
 (v) an action by
the Company that under applicable law constitutes constructive discharge to the extent such law applies to the executive. 
 A Good Reason
Event shall not be deemed to have occurred unless the executive provides written notice to the Company identifying the event or omission constituting the Good Reason Event within ninety (90) days following the first occurrence of such event or
omission. Within thirty (30) days after such notice has been provided to the Company, the Company shall have the opportunity, but shall have no obligation, to cure such event or conditions that give rise to a Good Reason Event. If the Company
fails to cure the events or conditions giving rise to an executive’s Good Reason Event by the end of the thirty (30) day cure period, the executive’s employment shall be terminated effective as of the expiration of such thirty
(30) day cure period unless the executive has withdrawn such Good Reason Event notice. 
 (b) For purposes of this Plan, an executive
shall be deemed to have a “Disability” (and to be “Disabled”) if executive is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be
expected to result in death or can be expected to last for a continuous period of not less than six (6) months. Whether an executive has a Disability shall be determined by the Plan Administrator. The Plan Administrator may rely on any
determination that an executive is disabled for purposes of benefits under any long-term disability plan maintained by the Company in which an executive participates. 

(c) Following a Termination of an executive’s employment and provided that Company has performed all obligations required to have been
performed during such time period and has acknowledged in writing that it will continue such performance, the executive shall provide such assistance and cooperation as the Company may reasonably require to transfer knowledge and otherwise assist in
a transition of the executive’s responsibilities to one or more other individuals designated by the Company; provided, however, that all such assistance and cooperation shall be provided at times that are mutually convenient to
the executive and the Company. 
 6. Termination Payments. 

(a) In the event of a Termination of an executive during the Change of Control Period, and in addition to paying an executive any accrued
salary and vacation time that are unpaid as of the Termination date, the Company shall pay to the executive and provide him/her with the following (the “Termination Payments”): 

(i) A lump-sum cash payment equal to (A) the sum of (X) the executive’s Base Salary plus (Y) the
executive’s Annual Bonus, multiplied by (B) the Applicable Factor; 

  
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 (ii) A lump-sum cash payment equal to the executive’s Annual Bonus (as defined below)
in respect of the fiscal year of termination, prorated based on the number of days worked by the executive during such fiscal year; 

(iii) A lump-sum cash payment equal to the executive’s actual bonus in respect of the fiscal year prior to the fiscal year
of termination under the bonus plan applicable to such prior fiscal year if and to the extent such bonus was not already paid to the executive; and 

(iv) During the Applicable Continuation Period following the Termination, if the executive properly and timely makes an election under
COBRA, continued participation for the executive and his or her eligible dependents in the Company’s group health, medical, dental, vision and life insurance programs or policies in which the executive and his or her eligible dependents was
eligible to participate as of immediately prior to the Termination on the same basis as active employees; provided, that the Company’s payment of such COBRA premiums shall be taxable as wages to the executive. 

(b) In addition, unless more favorable treatment is set forth in any applicable equity plans or award agreements related thereto, each
Long-Term Incentive Award (defined below) previously granted to an executive that is unvested as of the Termination shall vest in full on an accelerated basis. 

(c) The Termination Payments and the vesting of Long-Term Incentive Awards under this Plan shall be in lieu of any termination, severance or
similar payments and benefits provided to an executive under any employment agreement or severance plan or Plan of the Company to which the executive may be a party or under which he/she may be covered, including the Company’s Executive
Employment Policy (the “Employment Policy”). Notwithstanding the foregoing and for the avoidance of doubt, nothing in this Plan shall affect or limit an executive’s right to receive (i) payment of any compensation or the
issuance of any securities which the executive deferred under any deferred compensation plan of the Company, or (ii) any amounts due or belonging to the executive under any retirement program, or 401(k) plan, each of which
shall be subject to the terms of such arrangements, including any deferral elections made thereunder. 
 (d) The Employment Policy
establishes certain obligations of the Company and eligible executives regarding termination payments and other benefits to which certain executives would be entitled in connection with a Termination of an executive’s employment outside the
Employment Period. This Plan shall take precedence over the Employment Policy in connection with the matters set forth herein. Without limiting the foregoing, if an executive is entitled to receive Termination Payments and other benefits pursuant to
this Plan in connection with the Termination of the executive’s employment with the Company during the Change of Control Period, then the executive shall be entitled to receive such Termination Payments and other benefits as set forth herein
and not termination payments pursuant to the Employment Policy, and neither party shall argue that the rights of the Company or the executive, nor any Termination Payments or other benefits to which the executive may be entitled, pursuant to this
Plan shall be limited or superseded by anything set forth in the Employment Policy. 

  
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 (e) Unless otherwise required under Section 9(e) of this Plan, all Termination Payments
shall be made or commence within 30 days following the date of Termination. 
 (f) Notwithstanding anything in this Plan to the contrary, if
a Change of Control occurs, which does not constitute a “change in control event” within the meaning of Treasury Regulation Section 1.409A-3(i)(5), or the lump sum payment of any portion of the
Termination Payments is prohibited by Section 409A of the Code, then the portion of the Termination Payments that constitute deferred compensation subject to Section 409A of the Code shall be paid to the executive in
installments over the same period as provided for in any severance agreement or Plan applicable to the executive with regard to a Termination which occurs outside of the Change of Control Period. 

7. Obligations. Executives shall abide by the following terms and conditions: 

(a) Confidentiality. During an executive’s employment and following any termination of the executive’s employment for whatever
reason thereafter, each executive shall strictly maintain the confidentiality of the Company’s proprietary information concerning its business, customers and clients (the “Proprietary Information”), however stored or
memorialized. Such Proprietary Information includes, without limitation, trade secrets, marketing, financial information, product plans, customer lists, marketing plans, strategic planning, systems, manuals, and other proprietary or other
information which is not generally known to the public. All Proprietary Information which the executive has or will become familiar with and acquire knowledge of as a result of his/her employment by the Company are the property of the Company, and
following the termination of the executive’s employment for any reason, all Proprietary Information shall be considered to be owned by the Company and kept as the private records of the Company and will not be divulged to any firm, individual,
or institution, or used to the detriment of the Company. Should the disclosure of any Proprietary Information be required of an executive (i) in response to any summons or subpoena, (ii) in connection with any litigation, or
(iii) in order to comply with any law, order, regulation, request of any government or regulatory agency or ruling applicable to an executive, prior to making any disclosure the executive agrees to inform the Company of any such request
or compelled disclosure as soon as possible, and, to the extent possible, afford the Company the opportunity to contest such disclosure. Notwithstanding, pursuant to the Defend Trade Secrets Act of 2016, an individual may not be held criminally or
civilly liable under any federal or state trade secret law for the disclosure of a trade secret that: (a) is made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an
attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (b) is made in a complaint or other document that is filed under seal in a lawsuit or other proceeding. Further, an
individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer’s trade secrets to the attorney and use the trade secret information in the court proceeding if the individual:
(i) files any document containing the trade secret under seal; and (ii) does not disclose the trade secret, except pursuant to court order. Additionally, nothing in this Plan prohibits an executive from reporting possible
violations of federal law or regulation 

  
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to any governmental agency or entity, including, but not limited to, the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General, or making
other disclosures that are protected under the whistleblower provisions of federal law or regulation. By participating in this Plan, each executive acknowledges that he or she does not need the prior authorization of the Company to make any such
reports or disclosures and that he or she is not required to notify the Company that he or she has made such reports or disclosures. 
 (b)
Return of Company Property. Upon termination of an executive’s employment for whatever reason, the executive shall return to the Company all Company property then in the executive’s possession or control, in good condition and
repair (normal wear and tear excepted), including, but not limited to, keys, security cards and fobs, credit cards, furniture, equipment, automobiles, computer hardware and software, telephone equipment, and all documents, manuals, plans, equipment,
training materials, business papers, personnel files, computer files or copies of the same relating to Company business which are in the executive’s possession or control. 

(c) Non-Compete. During an executive’s employment following the Effective Date and for the shorter of
(i) twelve (12) months or (ii) the length of the Applicable Continuation Period following any termination of an executive’s employment for whatever reason after the Effective Date, no executive shall directly or
indirectly own any interest in, manage, control, participate in, consult with, render services for, be employed in an executive, managerial or administrative capacity by, or in any manner engage with any Competing Business in any geographic
territory in which the Business has been conducted in the two (2) year period preceding the executive’s Termination. Nothing herein shall prohibit any executive from (i) being a passive owner of not more than
two percent (2%) of the outstanding stock of any class of a corporation that is publicly traded, so long as an executive has no active participation in the business of such corporation; or (ii) accepting employment with any
federal or state government or governmental subdivision or agency. 
 (d) Non-Solicit. During an executive’s employment
following the Effective Date and, following any termination of an executive’s employment for whatever reason thereafter, for the shorter of (i) twelve (12) months or (ii) the length of the Applicable Continuation
Period, no executive shall directly or indirectly through another Person (A) induce or attempt to induce any employee of the Company to leave the employ of the Company, or in any way interfere with the relationship between the Company
and any employee thereof; (B) hire any Person who was an employee of the Company at any time during the twelve-month period immediately following the termination of the executive’s employment with the Company; or
(C) induce or attempt to induce any customer, supplier, licensee or other business relation of the Company to cease or materially reduce doing business with the Company, or in any way interfere with the relationship between any such
customer, supplier, licensee or business relation and the Company (including, without limitation, making any negative or disparaging statements or communications regarding the Company, its products or its personnel). Notwithstanding the foregoing,
nothing in this Plan shall prohibit an executive from employing an individual (1) with the consent of the Company or (2) who responds to general solicitations in publications or on websites, or through the use of search firms, so
long as such general solicitations or search firm activities are not targeted specifically at an employee (or former employee, as described above) of the Company. 

  
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 (e) The covenants set forth in this Section 7 are reasonable in scope and duration and
necessary to protect the legitimate business interests of the Company and that the compensation payable hereunder is sufficient consideration therefor. If any of the provisions of the covenants in this Section 7 is construed to be
invalid or unenforceable in any respect, the same shall be modified as the court may direct in order to make such provision reasonable and enforceable, and such modification of the provision shall not affect the remainder of the provisions of the
covenants, and such provision will be given the maximum possible effect and the modified Plan will be fully enforceable. 
 8. No
Obligation to Mitigate Damages. No executive shall be obligated to seek other employment or otherwise take steps to mitigate or reduce the amounts payable or arrangements provided for under this Plan, and the obtaining of any such other
employment shall not reduce any of the Company’s obligations under this Plan. 
 9. Excise Tax Avoidance; Section 409A.

 (a) Anything in this Plan to the contrary notwithstanding and except as set forth below, in the event it shall be determined that any
payment, benefit, vesting or distribution to or for the benefit of an executive (whether paid or payable or distributed or distributable pursuant to the terms of this Plan or otherwise) (a “Payment”) would but for this
Section 9 be subject to the excise tax imposed by Section 4999 of the Code, or any comparable successor provisions (the “Excise Tax”), then the Payments shall be either (i) provided to the executive in
full, or (ii) provided to the executive as to such lesser extent which would result in no portion of such Payments being subject to the Excise Tax, whichever of the foregoing amounts, when taking into account applicable income and
employment taxes, the Excise Tax, and any other applicable taxes, results in the receipt by the executive on an after-tax basis, of the greatest amount of Payments, notwithstanding that all or some portion of such Payments may be subject to the
Excise Tax. Any determination required under this Section 9 shall be made in writing in good faith by the Company’s independent certified public accountants, appointed prior to any change in ownership (as defined under Code
Section 280G(b)(2)), and/or tax counsel selected by such accountants (the “Accounting Firm”) in accordance with the principles of Section 280G of the Code. In the event of a reduction of Payments hereunder,
the Payments shall be reduced as follows: (i) first from cash payments which are included in full as parachute payments, (ii) second from equity awards which are included in full as parachute payments,
(iii) third from cash payments which are partially included as parachute payments, and (iv) fourth from equity awards that are partially included as parachute payments. In applying these principles, any
reduction or elimination of the Payments shall be made in a manner consistent with the requirements of Code Section 409A and where two economically equivalent amounts are subject to reduction but payable at different times, such amounts
shall be reduced on a pro rata basis but not below zero. For purposes of making the calculations required by this Section 9, the Accounting Firm may make reasonable assumptions and approximations concerning applicable taxes and may rely
on reasonable, good faith interpretations concerning the application of the Code, and other applicable legal authority. The Company and the executive shall furnish to the Accounting Firm such information and documents as the Accounting Firm may
reasonably request in order to make a determination under this Section 9. All fees and expenses of the Accounting Firm shall be borne solely by the Company. 

  
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 (b) If, notwithstanding any reduction described in this Section 9, the Internal Revenue
Service (the “IRS”) determines that an executive is liable for the Excise Tax as a result of the receipt of the Payments as described above, then the executive shall be obligated to pay back to the Company, within
thirty (30) days after a final IRS determination or in the event that the executive challenges the final IRS determination, a final judicial determination, a portion of the Payments equal to the “Repayment Amount.” The
Repayment Amount with respect to the Payments shall be the smallest such amount, if any, as shall be required to be paid to the Company so that the executive’s net after-tax proceeds with respect to the Payments (after taking into account the
payment of the Excise Tax and all other applicable taxes imposed on such payment) shall be maximized. The Repayment Amount with respect to the Payments shall be zero if a Repayment Amount of more than zero would not result in the executive’s
net after-tax proceeds with respect to the Payments being maximized. If the Excise Tax is not eliminated pursuant to this paragraph, the executive shall pay the Excise Tax. 

(c) Notwithstanding any other provision of this Section 9, if (i) there is a reduction in the Payments as described in this
Section 9, (ii) the IRS later determines that an executive is liable for the Excise Tax, the payment of which would result in the maximization of the executive’s net after-tax proceeds (calculated as if the
executive’s Payments had not previously been reduced), and (iii) the executive pays the Excise Tax, then the Company shall pay to the executive those Payments which were reduced pursuant to this subsection as soon as
administratively possible after the executive pays the Excise Tax so that the executive’s net after-tax proceeds with respect to the Payments are maximized. 

(d) The Company makes no representation that any or all of the payments or benefits described in this Plan will be exempt from or comply with
Section 409A of the Code and makes no undertaking to preclude Section 409A of the Code from applying to any such payment. For the avoidance of doubt, executives are solely responsible for the payment of any taxes and penalties
incurred under Section 409A of the Code and for any Excise Tax, and the Company will not reimburse or otherwise indemnify any executive for such amount. Any reimbursements or repayments provided under this subsection shall be made
strictly in accordance with Section 409A of the Code, including Treasury Regulation 1.409A-3(i)(1)(v). 

(e) It is intended that (i) each payment or installment of payments provided under this Plan is a separate “payment” for
purposes of Section 409A of the Code, and (ii) that the payments satisfy, to the greatest extent possible, the exemptions from the application of Section 409A of the Code, including those provided under Treasury
Regulations 1.409A-1(b)(4) (regarding short-term deferrals), 1.409A-1(b)(9)(iii) (regarding the two (2) times, two (2) year exception) and 1.409A-1(b)(9)(v) (regarding reimbursements and other separation pay). Notwithstanding anything to the contrary herein, if (i) on the date of an executive’s “separation from service” (as
such term is defined under Treasury Regulation 1.409A-1(h)), the executive is deemed to be a “specified employee” (as such term is defined under Treasury Regulation
1.409A-1(i)(1)) of the Company, as determined in accordance with the Company’s “specified 

  
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employee” determination procedures, and (ii) any payments to be provided to the executive pursuant to this Plan which constitute “deferred compensation” for purposes of
Section 409A are or may become subject to the additional tax under Section 409A(a)(1)(B) of the Code or any other taxes or penalties imposed under Section 409A if provided at the time otherwise required under this
Plan, then such payments shall be delayed until the date that is six (6) months after the date of the executive’s “separation from service” (as such term is defined under Treasury Regulation
1.409A-1(h)) or, if sooner, the date of the executive’s death. Any payments delayed pursuant to this Section 9(e) shall be made in a lump sum on the first day of the seventh month following an
executive’s “separation from service” (as such term is defined under Treasury Regulation 1.409A-1(h)) or, if sooner, the date of the executive’s death. 

(f) Notwithstanding any other provision to the contrary, a termination of employment with the Company shall not be deemed to have occurred for
purposes of any provision of this Plan providing for the payment of “deferred compensation” (as such term is defined in Section 409A of the Code and the Treasury Regulations promulgated thereunder) upon or following a termination of
employment unless such termination is also a “separation from service” from the Company within the meaning of Section 409A of the Code and Section 1.409A-1(h) of the Treasury
Regulations and, for purposes of any such provision of this Plan, references to a “separation,” “termination,” “termination of employment” or like terms shall mean “separation from service.” 

(g) To the extent that any expenses, reimbursement, fringe benefit or other, similar plan or arrangement in which an executive participates
during the term of the executive’s employment under this Plan or thereafter provides for a “deferral of compensation” within the meaning of Section 409A, then such amount shall be reimbursed in accordance with Section 1.409A-3(i)(1)(iv) of the Treasury Regulations, including (i) the amount eligible for reimbursement or payment under such plan or arrangement in one calendar year may not affect the amount eligible
for reimbursement or payment in any other calendar year (except that a plan providing medical or health benefits may impose a generally applicable limit on the amount that may be reimbursed or paid), (ii) subject to any shorter time
periods provided herein or the applicable plans or arrangements, any reimbursement or payment of an expense under such plan or arrangement must be made on or before the last day of the calendar year following the calendar year in which the expense
was incurred, and (iii) the right to any reimbursement or in-kind benefit is not subject to liquidation or exchange for another benefit. 

(h) Notwithstanding any other provision to the contrary, in no event shall any payment under this Plan that constitutes “deferred
compensation” for purposes of Section 409A of the Code and the Treasury Regulations promulgated thereunder be subject to offset by any other amount unless otherwise permitted by Section 409A of the Code. 

(i) For the avoidance of doubt, any payment due under this Plan within a period following an executive’s termination of employment or
other event, shall be made on a date during such period as determined by the Company in its sole discretion, and in accordance with Section 409A. 

  
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 (j) This Plan shall be interpreted in accordance with, and the Company and executives will
use their best efforts to achieve timely compliance with, Section 409A of the Code and the Treasury Regulations and other interpretive guidance promulgated thereunder, including, without limitation, any such regulations or other guidance that
may be issued after the Effective Date of this Plan. 
 (k) For purposes of the payment, provision of or reimbursement of medical benefits
or premiums, the Company may treat the amounts paid by it for premiums as taxable to an executive or make such payments (less any required withholding) directly to the executive to the extent required to avoid adverse consequences to the executive
or the Company under either Section 105(h) of the Code, or the Patient Protection and Affordable Care Act of 2010 as amended, and/or the Health Care and Education Reconciliation Act of 2010, as amended (to the extent applicable) (collectively,
the “PPACA”); provided, further, that the Company may modify or discontinue the continuation coverage contemplated by this Plan to the extent reasonably necessary to avoid the imposition of any excise taxes on the
Company for failure to comply with the nondiscrimination requirements of the PPACA (to the extent applicable). 
 10. No Set Off: Legal
Fees. Except as provided in Section 6(c), the Company’s obligation to make the payments provided for in this Plan and otherwise to perform its obligations hereunder shall not be affected by or subject to any set-off counterclaim,
recoupment, defense or other claim, right or action which the Company may have against executives or others. The Company shall pay and advance to executives, to the full extent permitted by law, all legal fees and expenses which an executive may
reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, the executive or others of the validity or enforceability or liability under, any provision of this Plan or any guarantee of performance thereof
(including as a result of any contest by the executive about the amount of any payment pursuant to this Plan), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the
Code. Notwithstanding the foregoing, in the event that the Company asserts a claim or counterclaim against an executive for the executive’s breach of the covenants set forth in Section 7 hereof, which claim is finally adjudicated in
the Company’s favor, the executive shall reimburse Company any fees and expenses paid or advanced by the Company for the executive’s defense of such claim or counterclaim. 

11. Notices. Any notices, requests, demands and other communications provided for by this Plan shall be sufficient if in writing and if
sent by registered or certified mail to the executive at the last address he/she has filed in writing with the Company or, in the case of the Company, at its principal executive offices. 

12. Non-Alienation. No executive shall have any right to pledge, hypothecate, anticipate or in any way create a lien upon any amounts
provided under this Plan; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law, except by will or the laws of descent and distribution. 

  
 12 

 13. Entire Plan; Amendment. Subject to Section 6(d), this Plan supersedes in
full and in all respects any prior oral or written agreement, arrangement or understanding in connection with the matters set forth herein. Except during the Change of Control Period, the Company reserves the right to amend or terminate the Plan at
any time without prior notice to or the consent of any executive. No amendment or termination shall adversely affect the rights of any executive whose employment terminated prior to such amendment or termination. However, except during the Change of
Control Period, any executive whose employment continues after amendment of the Plan shall be governed by the terms of the Plan as so amended. Any executive whose employment continues after termination of the Plan shall have no right to a benefit
under the Plan. Any amendment or termination of the Plan must comply with all applicable legal requirements including, without limitation, compliance with Code Section 409A, securities, tax or other laws, rules, regulations or regulatory
interpretations thereof that apply to the Plan. The Plan may not be amended or terminated during the Change of Control Period; provided, however, the Plan may be amended if the purpose of the amendment is to increase benefits hereunder or if the
purpose of the amendment is to comply with Section 409A of the Code. 
 14. Plan Administration. 

(a) Plan Administrator. The Plan Administrator shall be the “administrator” within the meaning of Section 3(16) of ERISA
and shall have all the responsibilities and duties contained therein. 
 The Plan Administrator can be contacted at the following address:

 c/o Vertiv Holdings Co 

1050 Dearborn Drive 
 Columbus,
Ohio 43085 
 Attn: Chief Human Resources Officer 

(b) Records, Reporting and Disclosure. The Plan Administrator shall keep a copy of all records relating to the payment of Termination
Payments to executives and former executives and all other records necessary for the proper operation of the Plan. All Plan records shall be made available to the Company and to each executive for examination during business hours except that an
executive shall examine only such records as pertain exclusively to the examining executive and to the Plan. The Plan Administrator shall prepare and shall file as required by law or regulation all reports, forms, documents and other items required
by ERISA, the Code, and every other relevant statute, each as amended, and all regulations thereunder (except that the Company, as payor of the Termination Payments, shall prepare and distribute to the proper recipients all forms relating to
withholding of income or wage taxes, Social Security taxes, and other amounts that may be similarly reportable). 
 (c) Discretion.
Any decisions, actions or interpretations to be made under the Plan by the Plan Administrator shall be made in its sole and absolute discretion, subject to the terms of the Plan and applicable law, and need not be uniformly applied and such
decisions, actions or interpretations shall be final, binding and conclusive upon all parties, with respect to denied claims for Termination Payments. Not in limitation, but in amplification of the foregoing and of the authority conferred upon the
Plan Administrator, the Company specifically intends that the Plan Administrator and its duly authorized delegates have the greatest permissible discretion to construe the terms of the Plan and to determine all questions concerning eligibility,

  
 13 

 
participation, and benefits. The decisions by the Plan Administrator or any delegates shall be conclusive and binding, and any interpretation, determination, or other action by them is intended
to be subject to the most deferential standard of review. Such standard of review is not to be affected by any real or alleged conflict of interest on the part of the Plan Administrator or its delegates. In addition to the duties and powers
described hereunder and elsewhere in this Plan, the Plan Administrator or its delegate is specifically given the discretionary authority and such powers as are necessary for the proper administration of the Plan, including, but not limited to, the
following: (i) to resolve ambiguities or inconsistencies; (ii) to supply omissions and the like; (iii) to make determinations, grants, or denials of the amount, manner, and time of payment of any Termination Payments under the terms of the
Plan; (iv) to authorize its agents or delegates to execute or deliver any instrument or make payments on the Plan Administrator’s behalf or with respect to the Plan; (v) to select and retain counsel, service providers and vendors,
employ agents, and provide for such clerical, accounting, actuarial, legal, consulting and/or claims processing services as it deems necessary or desirable to assist the Plan Administrator in the administration of the Plan; (vi) to prepare and
distribute, in such manner as the Plan Administrator determines to be appropriate, summary plan descriptions and other information explaining the Plan; (vii) to furnish the Company, upon request, such annual reports with respect to the
administration of the Plan as the Plan Administrator deems reasonable and appropriate; (viii) to receive, review and keep on file, as the Plan Administrator deems necessary or appropriate, reports of Plan payments and reports of disbursements
for expenses; and (ix) in general to decide and/or settle questions and disputes, and all such authorizations, interpretations, determinations, decisions and settlements shall be final and binding for purposes of the Plan. 

15. Arbitration. Any dispute, controversy or claim arising out of or related to the Plan shall be submitted to and decided by binding
arbitration. Arbitration shall be administered exclusively by an arbitration organization of the Company’s choice and shall be conducted consistent with the rules, regulations and requirements thereof as well as any requirements imposed by
state law. Any arbitral award determination shall be final and binding. 
 16. Successors. 

(a) This Plan shall inure to the benefit of and be binding upon the Company and its successors and assigns. 

(b) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Plan in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As
used in this Plan, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Plan by operation of law, or otherwise. 

17. Survival. The obligations of the parties pursuant to Sections 5 through 17 and Sections 19 through 21, as applicable, shall survive
the termination of an executive’s employment and any termination of this Plan. 

  
 14 

 18. Tax Withholding. The Company or the executive’s employer may withhold from
any benefits payable under this Plan all federal, state, city, or other taxes as may be required pursuant to any law or governmental regulation or ruling. 

19. Controlling Law. This Plan shall be construed and enforced according to the laws of the State of Delaware (without reference to
principles or provisions governing conflicts of laws) to the extent not preempted or superseded by Federal laws of the United States. Any provision of this Plan that is determined by a court to be in conflict with any applicable Federal or State
laws shall be deemed amended by this paragraph to conform to the minimum requirements of such laws, except to the extent they are preempted by ERISA. 

20. Severability. In the event that any provision or portion of this Plan shall he determined to be invalid or unenforceable for any
reason, the remaining provisions of this Plan shall he unaffected thereby and shall remain in full force and effect. 

  
 15 

 PLAN ACKNOWLEDGMENT AND RECEIPT 

I have received a copy of the Executive Change of Control Plan, have read and been informed about the contents, requirements and expectations
set forth therein, and agree to abide by the Plan guidelines as a condition of my employment with the Company. 
  

			
	EXECUTIVE

 
			
		
	By:	 	 

 Exhibit A – Applicable Factors and Applicable Continuation Periods 

[Signature Page to Change of Control Plan] 

 EXHIBIT A 

Applicable Factors and Applicable Continuation Periods 
  

					
	 Title
	  	 Applicable Factor
	  	 Application Continuation Period

	President & CEO	  	3	  	18 months
	Level 1 Executives	  	2	  	18 months
	Other Senior Executives holding
the positions set forth below:	  	1	  	12 months
	 VP Finance, Planning & Analysis

	 Corp Controller

	 VP Treasurer and Investor Relations

	 Sr. Director of M&A

	 Corporate Strategy & Planning Director

	 President of China

	 President of Asia & India

	 VP, Global Digital Solutions

	 VP Global Compensation & Benefits

	 VP Global Human Resources

	 Global Tax

  
 A-1EX-10.9

 Exhibit 10.9 

VERTIV HOLDINGS CO 

EXECUTIVE EMPLOYMENT POLICY 

Effective February 7, 2020 

1. Purpose. This Executive Employment Policy (the “Policy”) is maintained by Vertiv Holdings Co (the
“Company”). The purpose of this Policy is to set forth the terms and conditions which shall govern the employment of certain eligible executives by the Company following the Transaction (as defined below). 

2. Effective Date. The terms and conditions of this Policy shall become effective as to an executive upon the later of the (i) closing
of the transaction (the “Transaction”) contemplated by that certain Agreement and Plan of Merger, dated as of December 10, 2019, by and among the Company, GS Acquisition Holdings Corp, and VPE Holdings, LLC, or (ii) or an
executive’s entry into an offer letter incorporating the Policy (such date, the “Effective Date”). On the Effective Date, this Policy shall supersede and replace all employment agreements previously entered into by the
executive with the Company for the benefit of its executives. 
 3. Application. This Policy applies solely to individuals who are
eligible executives of the Company. 
 4. Employment. Subject to all the terms and conditions of this Policy and an executive’s
offer letter, the employment relationship shall continue to be at will, terminable by either party at any time and for any reason, with or without cause. 

5. Position and Duties. 

(a) Employment with the Company. Executives shall be employed by the Company and shall perform the duties and responsibilities of their
position and such other duties and responsibilities as the Chief Executive Officer of the Company shall assign them from time to time, including duties and responsibilities relating to the Company’s wholly-owned and partially owned
subsidiaries, and other affiliates; provided, that such duties and responsibilities of the Chief Executive Officer shall be assigned by the Board of Directors of the Company (the “Board”). 

(b) Performance of Duties and Responsibilities; Location. Executives shall observe and comply with all applicable policies of the
Company and directives promulgated from time to time by the Board that are not inconsistent with this Policy. Without limiting the foregoing, executives are subject to the Company’s stock ownership guidelines as in effect from time to time.
Executives shall serve the Company faithfully and to the best of their ability and shall devote full working time, attention and efforts to the business of the Company during their employment with the Company hereunder. While executives are employed
by the Company, they shall report to the Chief Executive Officer, except that the Chief Executive Officer of the Company shall report to the Board. No executive shall be under any contractual or legal commitments that would prevent them from
fulfilling his or her duties and responsibilities as set forth in this Policy. During his or her employment with the Company, no executive shall accept other employment or engage in other material business activity, except as may be approved in

 
writing by the Board. Executives may participate in charitable activities and personal investment activities to a reasonable extent, and may serve as directors of business organizations as
approved by the Board, so long as such activities and directorships are consistent with the Company’s Corporate Governance Guidelines, as amended from time to time, and do not interfere with the performance of their duties and responsibilities
hereunder. The principal office location of each executive shall be the Company’s offices or such other location as specified in the executive’s offer letter. 

(c) Board. The Board may appoint certain executives to serve as members of the Board. Thereafter, during the term of an
executive’s employment and subject to the annual approval of the Corporate Governance and Nominating Committee of the Board in accordance with its duties and responsibilities, such executives may be nominated for election to the Board, subject
to meeting certain conditions as set forth by the Board or the Corporate Governance and Nominating Committee of the Board. An executive’s service as a member of the Board shall terminate automatically upon the termination of the
executive’s employment with the Company for any reason. As a condition to any executive’s appointment to the Board, the executive shall submit an irrevocable resignation letter pursuant to which the executive shall agree to resign from the
Board and all applicable committees thereof (and all applicable subsidiary boards and committees) effective automatically and immediately upon the termination of his or her employment with the Company for any reason. 

6. Compensation. 
 (a)
Incentive Bonus and Equity Awards. 
 (i) Sign-On Equity Awards. Subject to the
approval of the Board or a committee thereof, an eligible executive may be eligible to receive restricted stock unit awards or stock options (“Sign-On Equity Grants”) upon hire under the
Company’s 2020 Stock Incentive Plan (the “Omnibus Plan”). Any Sign-On Equity Grants shall be subject to the terms and conditions of the Omnibus Plan and forms of award agreements attached
hereto as Exhibit A. 
 (ii) Equity Awards. Eligible executives shall be entitled to participate in such
equity-based-compensation plans of the Company and its affiliates in effect from time to time as approved by and at the discretion of the Compensation Committee of the Board (the “Committee”). All such awards shall be granted
pursuant to the Company’s standard form of equity-award agreements as used under the Omnibus Plan from time to time, in each case, as approved by the Committee. 

(iii) Annual Performance-Based Bonus. Eligible executives shall be eligible to earn an annual bonus under the Company’s Annual
Incentive Plan (the “Annual Bonus”) based upon the achievement of such corporate and individual performance goals and other criteria that are established by the Committee. The Annual Bonus, if earned, shall be paid in accordance
with Company practices and any guidelines issued for that given Annual Bonus year. The Annual Bonus, if earned, shall be pro-rated for any partial years of employment. 

  
 2 

 (b) Benefits. Executives shall be entitled to participate in all employee benefit
plans and programs of the Company that are available to executive officers generally to the extent that they meet the eligibility requirements for each individual plan or program. The Company provides no assurance as to the adoption or continuance
of any particular employee benefit plan or program, and any executive’s participation in any such plan or program shall be subject to the provisions, rules and regulations applicable thereto. In addition, the executives recognize that the
Company has the right, in its sole discretion, to amend, modify or terminate any employee benefit plan or program in accordance with its terms. 

(c) Expenses. The Company shall reimburse executives for all reasonable and necessary
out-of-pocket business, travel and entertainment expenses incurred by executives in the performance of their duties and responsibilities hereunder, subject to the Company’s normal policies and procedures
for expenses, expense verification and documentation. 
 (d) Vacations and Holidays. Executives shall be entitled to such vacation
and holiday benefits as the Company establishes by policy from time to time. Executives shall coordinate their vacation schedule with the Company so as not to impose an undue burden on the Company. 

7. Subsidiaries. As used in this Policy, “Company” shall include the Company and each corporation, limited liability
company, partnership, or other entity that is controlled by the Company (in each case “control” meaning the direct or indirect ownership of 50% or more of all outstanding equity interests), provided, however, that an
executive’s title need not be identical for each of the affiliated entities nor the same as that for the Company. 
 8. Confidential
Information and Other Agreements. During an executive’s employment and following any termination of the executive’s employment for whatever reason thereafter, each executive shall strictly maintain the confidentiality of the
Company’s propriety information concerning its business, customers and clients (the “Proprietary Information”), however stored or memorialized. Such Proprietary Information includes, without limitation, trade secrets,
marketing, financial information, product plans, customer lists, marketing plans, strategic planning, systems, manuals, and other proprietary or other information which is not generally known to the public. All Proprietary Information which the
executive has or will become familiar with and acquire knowledge of as a result of his or her employment by the Company are the property of the Company, and following the termination of the executive’s employment for any reason, all Propriety
Information shall be considered to be owned by the Company and kept as the private records of the Company and will not be divulged to any firm, individual, or institution, or used to the detriment of the Company. Should the disclosure of any
Proprietary Information be required of an executive (i) in response to any summons or subpoena, (ii) in connection with any litigation, or (iii) in order to comply with any law, order, regulation, request of any government or
regulatory agency or ruling applicable to an executive, prior to making any disclosure the executive agrees to inform the Company of any such request or compelled disclosure as soon as possible, and, to the extent possible, afford the Company the
opportunity to contest such disclosure. Notwithstanding, pursuant to the Defend Trade Secrets Act of 2016, an individual may not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret
that: (a) is made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (b) is
made in a complaint or other document that is filed under seal in a lawsuit or other proceeding. Further, an 

  
 3 

 
individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer’s trade secrets to the attorney and use the trade secret
information in the court proceeding if the individual: (i) files any document containing the trade secret under seal; and (ii) does not disclose the trade secret, except pursuant to court order. Additionally, nothing in this Policy prohibits an
executive from reporting possible violations of federal law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector
General, or making other disclosures that are protected under the whistleblower provisions of federal law or regulation. Each executive acknowledges that he or she does not need the prior authorization of the Company to make any such reports or
disclosures and that he or she is not required to notify the Company that he or she has made such reports or disclosures. 
 9.
Restrictive Covenants. 
 (a) Non-Compete. During an executive’s employment and for the shorter of (i) twelve (12)
months or (ii) the length of the period of time corresponding to the executive’s position within the Company at the date of termination, as set forth in Schedule 1 hereto (“Applicable Continuation Period”) following
any termination of the executive’s employment for whatever reason, no executive shall directly or indirectly own any interest in, manage, control, participate in, consult with, render services for, be employed in an executive, managerial or
administrative capacity, or perform services for, or in any manner engage in any Competing Business in any geographic territory in which the Business has been conducted in the two (2) year period preceding the executive’s termination.
Nothing herein shall prohibit any executive from (i) being a passive owner of not more than two percent (2%) of the outstanding stock of any class of a corporation that is publicly traded, so long as Executive has no active participation
in the business of such corporation; or (ii) accepting employment with any federal or state government or governmental subdivision or agency.in an executive, managerial or administrative capacity 

(b) Definitions. For purposes of this Policy: 

(i) “Business” means the provision of mission critical equipment for vital applications in data centers, communication
networks, and commercial and industrial environments throughout the United States and abroad through various Subsidiaries, including, but not limited to, design, engineering, manufacturing, and sales of products, services and software to Customers
throughout the world; 
 (ii) “Competing Business” means any individual, including an executive covered by this Policy,
corporation, limited liability company, partnership, joint venture, association or other entity, regardless of form, that is directly engaged in whole or in relevant part in any business or enterprise that is the same as, or substantially the same
as, the Business, or that is taking material steps to engage in such business at the time of an executive’s termination; and 

  
 4 

 (iii) “Customers” means those individuals, companies, or other entities
for whom the Company (including its predecessor in the Transaction) or any Subsidiary has provided or does provide products or services in connection with the Business in the one (1) year period preceding an executive’s termination. 

(c) Non-Solicit. During an executive’s employment and, following any termination of an
executive’s employment for whatever reason thereafter, for the shorter of (i) twelve (12) months or (ii) the length of the Applicable Continuation Period, no executive shall directly or indirectly through another Person
(A) induce or attempt to induce any employee of the Company to leave the employ of the Company, or in any way interfere with the relationship between the Company and any employee thereof; (B) hire any Person who was an employee of the
Company at any time during the twelve-month period immediately following the termination of the executive’s employment with the Company; or (C) induce or attempt to induce any customer, supplier, licensee or other business relation of the
Company to cease or materially reduce doing business with the Company, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and the Company (including, without limitation, making any
negative or disparaging statements or communications regarding the Company, its products or its personnel). Notwithstanding the foregoing, nothing in this Policy shall prohibit an executive from employing an individual (1) with the consent of
the Company or (2) who responds to general solicitations in publications or on websites, or through the use of search firms, so long as such general solicitations or search firm activities are not targeted specifically at an employee (or former
employee, as described above) of the Company. 
 (d) Non-disparagement. No executive shall
make, directly or indirectly, to any person or entity including, but not limited to, present or former employees of the Company and/or the press, any disparaging oral or written statements about the Company, or their products or services. No
executive shall post any such statements on the internet or any blog or social networking site. The Company shall not (via any authorized public statement) and shall cause its executive officers and members of the Board to not make, directly or
indirectly, to any person or entity including, but not limited to, present or former employees of the Company and/or the press, any disparaging oral or written statements about any executive or their performance with the Company. The Company shall
not, and shall direct its executive officers, members of the Board, or any executive, respectively, to not, post any such statements on the internet or any blog or social networking site. The foregoing shall not be violated by (i) truthful
statements by the Company, any executive or the executive officers or members of the Board in response to an internal investigation, legal process, governmental investigation, inquiry, request for information, testimony or filings, or
administrative, court or arbitral proceedings (including, without limitation, depositions in connection with such proceedings), (ii) the Company, any executive or the executive officers or members of the Board rebutting false or misleading
statements made by others, (iii) actions taken by any executive or the executive officers or members of the Board, or statements made by any executive or the executive officers or members of Board, in the good faith performance of their
respective duties to the Company, or (iv) any disclosure made by the Company in a filing required to be made with the Securities and Exchange Commission. Nothing in this Section 9(d) or any other provision of this Policy shall be construed
or enforced in a manner that would interfere with any executive’s or the Company’s (or executive officers’ or members of the Board’s) rights under the National Labor Relations Act, if any, to discuss or comment on the terms and
conditions of any executive’s employment. 

  
 5 

 (e) Extension of Applicable Continuation Period. Notwithstanding any other provision
hereof, the Compensation Committee may, at the request of the Chief Executive Officer of the Company, extend the Applicable Continuation Period as to an executive. 

(f) Reasonableness of Scope and Duration. The covenants in this Section 9 are, taken as a whole, reasonable with respect to the
activities covered and their geographic scope and duration, and no executive shall raise any issue of the reasonableness of the areas, activities or duration of any such covenants in any proceeding to enforce any such covenants. No executive shall
be obligated to seek other employment or otherwise take steps to mitigate or reduce the amounts payable or arrangements provided for under this Policy, and the obtaining of any such other employment shall not reduce any of the Company’s
obligations under this Policy. 
 (g) Enforceability. The Company may not be adequately compensated by damages for a breach of any of
the covenants contained in this Section 9, and the Company shall, in addition to all other remedies, be entitled to injunctive relief and specific performance. The covenants contained in this Section 9 shall be construed as separate
covenants, and if any court shall finally determine that the restraints provided for in such covenants are too broad as to the area, activity or time covered, said area, activity or time covered may be reduced to whatever extent the court deems
reasonable, and such covenants shall be enforced as to such reduced area, activity or time.  
 10. Intellectual
Property. 
 (a) Disclosure and Assignment. Each executive shall transfer and assign to the Company (or its designee) all
of his or her rights, titles, and interests in and to every idea, concept, invention, trade secret and improvement (whether patented, patentable or not) conceived or reduced to practice by the executive whether solely or in collaboration with others
while the executive is employed by the Company, whether or not conceived or reduced to practice during the regular hours of the executive’s employment (collectively, “Creations”) and all copyrighted or copyrightable matter
created by the executive whether solely or in collaboration with others while the executive is employed by the Company that relates to the Company’s business (collectively, “Works”) whether or not created during the regular
hours of the executive’s employment. Each executive shall communicate promptly and disclose to the Company, in such form as the Company may request, all information, details, and data pertaining to each Work and Creation. Every copyrightable
Work, regardless of whether copyright protection is sought or preserved by the Company, shall be a “work made for hire” as defined in 17 U.S.C. § 101, and the Company shall own all rights in and to such matter throughout the
world, without the payment of any royalty or other consideration to any executive or anyone claiming through any executive. 
 (b)
Trademarks. All right, title, and interest in and to any and all trademarks, trade names, service marks, and logos adopted, used, or considered for use by the Company during any executive’s employment (whether or not developed by the
executive) to identify the Company’s business or other goods or services (collectively, the “Marks”), together with the goodwill appurtenant thereto, and all other materials, ideas, or other property conceived, created,
developed, adopted, or improved by any executive solely or jointly during the executive’s employment by the Company and relating to its business shall be owned exclusively by the Company. No executive shall have, and will not claim to have, any
right, title, or interest of any kind in or to the Marks or such other property. 

  
 6 

 (c) Documentation. Each executive shall execute and deliver to the Company such
formal transfers and assignments and such other documents as the Company may request to permit the Company (or its designee) to file and prosecute, defend and enforce such registration applications and other documents it deems useful to protect or
enforce its rights hereunder. 
 11. Termination of Employment. 

(a) An executive’s employment with the Company shall terminate immediately upon: 

(i) the executive’s receipt of written notice from the Company of the termination of their employment; 

(ii) the Company’s receipt of the executive’s written resignation from the Company, which shall be delivered to the Company at
least ninety (90) days prior to such resignation; 
 (iii) the executive’s Disability (as defined in the Omnibus Plan); or 

(iv) the executive’s death. 

(b) The date upon which an executive’s termination of employment with the Company occurs shall be the executive’s
“Termination Date.” 
 12. Payments upon Termination of Employment. 

(a) If an executive’s employment with the Company is terminated for any reason, the Company shall pay to the executive any accrued but
unpaid Base Salary through the Termination Date and any other benefits to which the executive may be entitled under any applicable Company policy, plan or procedure (without duplication of benefits) through the Termination Date, and reimbursement of
the executive’s expenses incurred through the Termination Date in accordance with Section 6(c), (collectively, “Accrued Obligations”). 

(b) Except in the case of a termination in connection with a “Change of Control” (as defined under the Company’s Change of
Control Plan (the “Change of Control Plan”), a form of which is attached hereto as Exhibit C), which is governed by and results in payments under the Change of Control Plan, if an executive’s employment with the Company
is terminated by the Company pursuant to Section 11(a)(i) for any reason other than for Cause or by the executive for Good Reason, then the Company shall provide to the executive, subject to Section 12(i) of this Policy, the
following: 
 (i) the Accrued Obligations; 

  
 7 

 (ii) a cash payment equal to (A) the sum of the executive’s annual rate of base
salary immediately prior to the termination of employment (the “Base Salary”) and target Annual Bonus, multiplied by (B) the multiplier corresponding to the executive’s position within the Company at the date of
termination, as set forth in Schedule 1 hereto (“Applicable Severance Factor”), to be paid in installments over the Applicable Continuation Period in accordance with the Company’s normal payroll policies; 

(iii) any earned and unpaid Annual Bonus for the fiscal year preceding the fiscal year in which the Termination Date occurs to be paid in
accordance with Company practices and any guidelines issued for that given Annual Bonus year; 
 (iv) the Long-Term Incentive Awards
previously granted to the executive that are unvested as of the Termination Date (“Unvested Equity Awards”) shall vest in accordance with, and otherwise be governed by, the terms of each equity award agreement to which the executive
is subject; and 
 (v) in the event that the executive timely elects medical and dental coverage under the provisions of the Consolidated
Omnibus Budget Reconciliation Act of 1985 (“COBRA”), the Company shall reimburse the executive for his or her cost of COBRA coverage for the shorter of (i) twelve (12) months or (ii) the length of the Applicable
Continuation Period following the Termination Date. 
 For purposes of this Section 12(b), “Long-Term Incentive Award” shall mean any
award of stock or restricted stock, stock options, restricted stock units, phantom stock, performance awards or stock appreciation rights, the vesting of which is subject to the passage of time of more than twelve (12) months or the achievement
of any performance criteria measured over a performance period of more than twelve (12) months. 
 (c) A termination by an executive
for “Good Reason” shall mean a termination based on: 
 (i) the assignment to the executive of different job
responsibilities that results in a material decrease in the level of responsibility (including reporting responsibilities); 
 (ii) in the
case of the Chief Executive Officer of the Company, removal from, or a failure to nominate the executive for election (and re-election) to, the Board; 

(iii) a material reduction by the Company in the executive’s Base Salary and/or target Annual Bonus opportunity; 

(iv) the requirement that the executive be based more than fifty (50) miles from where the executive’s office is then located,
except for required travel on Company business; or 
 (v) the failure by the Company to obtain from any successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company (“Successor”) its agreement to all protections in this Policy. 

  
 8 

 Provided, however, that the foregoing events shall not be deemed to constitute Good Reason
unless (x) the executive has notified the Company in writing of the occurrence of such event(s) within sixty (60) days of such occurrence, (y) the Company has failed to have cured such event(s) (if curable) within thirty (30)
days of its receipt of such written notice, and (z) the executive terminates employment within thirty (30) days of the expiration of the time within which the Company has to cure and such occurrence is uncured. 

(d) If an executive’s employment with the Company is terminated by reason of the executive’s death or Disability, the Company shall
pay to the executive or the executive’s beneficiary or estate, as the case may be, the Accrued Obligations, any earned and unpaid Annual Bonus for the fiscal year preceding the fiscal year in which the Termination Date occurs, and a pro-rata portion of the executive’s Annual Bonus for the fiscal year in which the Termination Date occurs, subject to the achievement of applicable performance measures and paid at the same time as bonuses are
paid to other executives generally but in no event later than March 15th following the year in which the Termination Date occurs. 

(e) “Cause” hereunder shall mean: 

(i) gross negligence, willful failure to perform, or willful misconduct in connection with the performance of an executive’s duties that
results in material harm to the business of the Company; 
 (ii) conviction of a criminal offense (other than minor traffic offenses); 

(iii) material breach of any term of any agreement between an executive and the Company, including any employment, consulting or other
services, confidentiality, intellectual property, non-competition or non-disparagement agreement; 

(iv) violation in any material respect of the code of conduct generally applicable to executive officers, including, but not limited to, the
Company’s Code of Ethics and Business Conduct; 
 (v) acts or omissions involving willful or intentional malfeasance or misconduct
that is materially injurious to the Company, its business, reputation, prospects, or otherwise; or 
 (vi) commission of any act of fraud,
willful destruction of Company property, or embezzlement against the Company. 
 (f) “Disability” hereunder shall have the
same meaning as contained in the Omnibus Plan. 
 (g) Notwithstanding any other provision hereof, the Company shall not be obligated to make
any payments under Section 12 of this Policy other than for the payment of Base Salary through the Termination Date unless the terminating executive has signed a full release of claims against the Company substantially in the form attached
hereto as Exhibit B, all applicable consideration periods and rescission periods provided by law shall have expired, and the executive is in strict compliance with the terms of this Policy and any other agreements with

  
 9 

 
the Company as of the dates of the payments. Within five (5) business days of the Termination Date, the Company shall deliver to the terminating executive the release for the
executive to execute. The terminating executive will forfeit all rights to the payments provided pursuant to Section 12, other than for the payment of the Accrued Obligations, and any equity acceleration provided in any equity award
agreements to which the executive is subject unless the executive executes and delivers to the Company the release within thirty (30) days of delivery of the release by the Company to the executive and such release has become irrevocable
by virtue of the expiration of the revocation period without the release having been revoked (the first such date, the “Release Effective Date”). The Company shall have no obligation to provide the payments pursuant to
Section 12(b) or any acceleration of equity prior to the Release Effective Date. Payments will commence with the next regular payroll date that occurs more than three (3) business days after the Release Effective Date, with
any payment that would have been made but for the Release Effective Date not having occurred being made at that time, provided, however, that if the length of the five (5) business day release delivery date, plus the
thirty (30) day or any other applicable review period, plus any revocation period, each as described above or in the release described above, begins in one taxable year and ends in the next taxable year, the Release Effective Date will
not occur until the next taxable year. 
 (h) With respect to payments provided pursuant to Section 12, and subject to the terminating
executive’s execution and non-revocation of a full release of claims as set forth in Section 12(g), in no event shall a terminating executive be obliged to seek other employment or take any other
action by way of mitigation of the amounts payable to the executive under any of the provisions of this Policy, nor shall the amount of any payment hereunder be reduced by any compensation earned by the executive as a result of employment by another
employer. 
 (i) To the extent a terminating executive would be subject to the additional 20% tax imposed on certain deferred compensation
arrangements pursuant to Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”), as a result of any provision of this Policy, such provision shall be deemed amended to
the minimum extent necessary to avoid application of such tax and preserve to the maximum extent possible the original intent and economic benefit to the executive and the Company, and the parties shall promptly execute any amendment reasonably
necessary to implement this Section 12(i). 
 (i) For purposes of Section 409A, a terminating executive’s
right to receive installment payments pursuant to this Policy including, without limitation, each severance shall be treated as a right to receive a series of separate and distinct payments. 

(ii) A terminating executive will be deemed to have a Termination Date for purposes of determining the timing of any payments or benefits
hereunder that are classified as deferred compensation only upon a “separation from service” within the meaning of Section 409A. 

(iii) Notwithstanding any other provision hereof, to the extent a terminating executive is a “specified employee” as defined in
Section 409A and the final regulations promulgated thereunder, and any portion of the executive’s severance pay is not exempt from Section 409A, but would otherwise be payable within the first six (6) months
following the date of the executive’s date of termination, such severance pay will not be paid to the executive until the first payroll date of the seventh (7th) month following the date of termination. 

  
 10 

 (iv) (A) Any amount that a terminating executive is entitled to be reimbursed under this
Policy will be reimbursed to the executive as promptly as practical and in any event not later than the last day of the fiscal year after the fiscal year in which the expenses are incurred, (B) any right to reimbursement or in kind benefits
will not be subject to liquidation or exchange for another benefit, and (C) the amount of the expenses eligible for reimbursement during any taxable year will not affect the amount of expenses eligible for reimbursement in any other
taxable year. 
 (v) Whenever a payment under this Policy specifies a payment period with reference to a number of days
(e.g., “payment shall be made within thirty (30) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of the Company. 

13. Return of Property. Upon termination of a terminating executive’s employment with the Company, the executive shall deliver
promptly to the Company all records, files, manuals, books, forms, documents, letters, memoranda, data, customer lists, tables, photographs, video tapes, audio tapes, computer disks and other computer storage media, and copies thereof, that are the
property of the Company, or that relate in any way to the business, products, services, personnel, customers, prospective customers, suppliers, practices, or techniques of the Company, and all other property of the Company (such as, for example,
computers, cellular telephones, pagers, credit cards, and keys), whether or not containing Confidential Information, that are in the executive’s possession or under the executive’s control. 

14. Remedies. In the event of any actual or threatened breach of this Policy, the Company shall, in addition to any other remedies it
may have, be entitled to injunctive and other equitable relief to enforce such provisions, and such relief may be granted without the necessity of proving actual monetary damages. Any such action shall only be brought in a court of competent
jurisdiction in Delaware, and the parties consent to the jurisdiction, venue and convenience of such courts. 
 15. IRC 280G “Net
Best”. Notwithstanding anything to the contrary in this Policy, to the extent that the payment and benefits to be provided under this Policy and any payments and benefits provided to any executive or for any executive’s benefit under
any other Company plan or agreement (collectively, the “Payments”) would be subject to the excise tax (the “Excise Tax”) imposed under Code Section 4999, the Payments shall be reduced to the extent necessary so
that no portion thereof shall be subject to the Excise Tax, but only if, by reason of such reduction, the net after-tax benefit (taking all income, employment and excise taxes into account) received by the
executive shall exceed the net after-tax benefit that would be received by the executive if no such reduction was made. 

16. Miscellaneous. 
 (a)
Governing Law. This Policy shall be governed by, subject to, and construed in accordance with the laws of Delaware without regard to conflict of law principles. 

  
 11 

 (b) Dispute Resolution. To the extent permitted by law, any dispute arising between
any executive and the Company, including whether any provision of this Policy has been breached, shall be resolved through confidential mediation, or confidential binding arbitration in accordance with an Arbitration Agreement to be entered into in
the form attached hereto as Exhibit D (“Arbitration Agreement”). Any such dispute shall initially be submitted for resolution to a neutral mediator, mutually selected by the parties. If such dispute is not resolved to the
satisfaction of the parties, or the parties cannot agree upon a mediator, then it shall be submitted for resolution in accordance with the Arbitration Agreement. The parties agree to keep confidential both the fact that any mediation/arbitration has
or will take place between them, all facts related thereto, and any resolution thereunder. Any resolution reached via mediation or award of an arbitrator shall be final and binding on the parties. 

(c) Indemnification Agreement. Executives shall enter into the Company’s customary Indemnification Agreement for directors and
officers in the form attached hereto as Exhibit E. 
 (d) Amendments. No amendment or modification of this Policy shall be
deemed effective unless made in writing and signed by the parties hereto. 
 (e) No Waiver. No term or condition of this Policy shall
be deemed to have been waived, except by a statement in writing signed by the party against whom enforcement of the waiver is sought. Any written waiver shall not be deemed a continuing waiver unless specifically stated, shall operate only as to the
specific term or condition waived and shall not constitute a waiver of such term or condition for the future or as to any act other than that specifically waived. 

(f) Assignment. The Company may assign its rights and obligations under this Policy (i) to any entity with which the Company may
merge or consolidate, or (ii) to any corporation or other person or business entity to which the Company may sell or transfer all or substantially all of its assets. After any assignment by the Company pursuant to this
Section 16(f), the Company shall be discharged from all further liability hereunder and such assignee shall thereafter be deemed to be the “Company” for purposes of all terms and conditions of this Policy. In the event
of an executive’s death, all amounts due to the executive (including under Section 12, subject in such event to the legal representative of the executive’s estate satisfying the requirement of a full release of claims provided in
Section 12(g) if the executive had not done so) shall be paid to the executive’s estate or beneficiary, as the case may be. 

(g) Deductions and Withholdings. Any amount payable to an executive pursuant to this Policy shall be subject to deductions and
withholdings as required by applicable law. 
 (h) Severability. To the extent that any portion of any provision of this Policy shall
be invalid or unenforceable, it shall be considered deleted herefrom and the remainder of such provision and of this Policy shall be unaffected and shall continue in full force and effect. 

  
 12 

 (i) Survival. The terms and conditions set forth in Sections 5(c), 8, 9, 10, 13, 14,
15 and 16 of this Policy, and any other provision that continues by its terms, shall survive the termination of an executive’s employment for any reason. 

(j) Captions and Headings. The captions and paragraph headings used in this Policy are for convenience of reference only and shall not
affect the construction or interpretation of this Policy or any of the provisions hereof. 
 (k) Notices. Any notice required or
permitted to be given under this Policy shall be sufficient if in writing and either delivered in person or sent by first class certified or registered mail, postage prepaid, if to the Company, to [•] at the Company’s principal place of
business, and if to an executive, at the executive’s home address most recently filed with the Company, or to such other address or addresses as either party shall have designated in writing to the other party hereto. 

  
 13 

 POLICY ACKNOWLEDGMENT AND RECEIPT 

I have received a copy of the Executive Employment Policy, have read and been informed about the contents, requirements and expectations set
forth therein, and agree to abide by the policy guidelines as a condition of my employment with the Company. 
  

			
	EXECUTIVE
		
	By:	 	 
		 	[NAME]

 Schedule 1 
  

					
	 Title
	  	 Applicable Severance Factor
	  	 Applicable Continuation Period

	Chief Executive Officer	  	1	  	12 months
	Other Executives	  	1	  	12 months

  
 Schedule - 1 

 Exhibit A 

Forms of Award Agreement 

  
 A-1 

 Exhibit B 

Form of Separation Agreement 

  
 B-1 

 Exhibit C 

Change of Control Plan 

  
 C-1 

 Exhibit D 

Form of Arbitration Agreement 

  
 D-1 

 Exhibit E 

Form of Indemnification Agreement 

  
 E-1

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