Document:

EX-10.56

 Exhibit 10.56 

AXA EQUITABLE HOLDINGS, INC. 

SHORT-TERM INCENTIVE COMPENSATION PLAN 

SECTION 1 
 PURPOSE 

This AXA Equitable Holdings, Inc. Short-Term Incentive Compensation Plan (the “Plan”) is intended to permit AXA Equitable
Holdings, Inc. and its Subsidiaries, through awards of incentive compensation, to attract, retain and motivate qualified employees. 

SECTION 2 
 DEFINITIONS 

“Affiliate” means, with respect to any Person, any other Person directly or indirectly controlling, controlled by or
under common control with, such Person. 
 “Age/Service Requirement” means, with respect to a Participant, that the Participant
has attained at least 55 years of age with at least five years of service with the Company and/or one of its Affiliates. 

“Board” means the Board of Directors of the Company, or the successor thereto. 

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

“Committee” means the Compensation Committee of the Board or its delegatee pursuant to Section 3.3 hereof. 

“Company” means AXA Equitable Holdings, Inc., a Delaware corporation, or any successor thereto. 

“Individual Award Opportunity” means the potential of a Participant to receive an incentive payment under the Plan. An
Individual Award Opportunity may be expressed in U.S. dollars or pursuant to a formula. 
 “Omnibus Plan” means the AXA
Equitable Holdings, Inc. 2018 Omnibus Incentive Plan, as may be amended from time to time, or any successor plan thereto. 

“Participant” means, for each Performance Period, each employee of the Company, an Affiliate or a Subsidiary whom the
Committee has selected to participate in the Plan for a specified Performance Period. 
 “Performance Period” means the
Company’s fiscal year or any other period designated by the Committee. 
 “Plan” means this AXA Equitable Holdings,
Inc. Short-Term Incentive Compensation Plan, as amended from time to time. 
 “Section 409A of the Code”
means Section 409A of the Code, as amended from time to time, and the applicable rules and regulations promulgated thereunder. 

  
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 “Subsidiary” means any entity that is directly or indirectly controlled by the
Company or any entity in which the Company directly or indirectly has at least a 50% equity interest. 
 SECTION 3 

ADMINISTRATION 
 3.1
General. The Plan shall be administered by the Committee, which shall have full authority to interpret the Plan, to establish rules and regulations relating to the operation of the Plan, to select Participants, to determine the Individual
Award Opportunity and to make all determinations and take all other actions necessary or appropriate for the proper administration of the Plan. The Committee’s interpretation of the Plan, and all actions taken within the scope of its authority,
shall be final and binding on the Company, its stockholders, Participants, and former Participants and their respective successors and assigns. 

3.2 Powers and Responsibilities. The Committee shall have the following discretionary powers, rights and responsibilities in addition
to (and without limiting) those described in Section 3.1: 
 (a) to establish performance goals and/or other terms and
conditions that are to apply to each Participant’s Individual Award Opportunity, including but not limited to the treatment of such awards upon a termination of employment or service with the Company; 

(b) to determine whether the performance goals for a Performance Period and any other terms and conditions applicable to the
Individual Award Opportunities have been satisfied; 
 (c) to determine the form of payment of incentive payments under the
Plan; and 
 (d) to adopt, revise, suspend, waive or repeal, when and as appropriate, in its sole and absolute discretion,
such administrative rules, guidelines and procedures for the Plan as it deems necessary or advisable to implement the terms and conditions of the Plan. 

3.3 Delegation of Power. The Committee may delegate some or all of its power and authority hereunder to a director or subcommittee of
directors of the Board, the Chief Executive Officer or other executive officer or function of the Company as the Committee deems appropriate. Notwithstanding the foregoing, no Participant shall make decisions under this Plan with respect to his or
her own compensation or with respect to the compensation of any person to whom such Participant reports directly or indirectly, including, without limitation, regarding his or her own (or such report’s) Individual Award Opportunity. 

SECTION 4 
 PERFORMANCE GOALS

 4.1 Establishing Performance Goals; Other Terms and Conditions. The Committee may establish for each Performance Period one or
more performance goals for each Participant or for any group of Participants (or both). The Committee may provide for a threshold level of performance below which no amount of compensation will be paid and a maximum level of performance above which
no additional amount of compensation will be paid, and it may provide for the payment of differing amounts of compensation for different levels of performance, as well as minimum required payments. Without limiting the Committee’s discretion
hereunder, performance goals (a) may be established (i) on a Company-wide basis, (ii) with respect to one or more business units, divisions, Subsidiaries or products, (iii) based on individual
performance or other individual measures or (iv) any combination thereof, and (b) may be expressed in absolute terms or relative to other metrics including internal targets or budgets,

  
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past performance of the Company, the performance of one or more similarly situated companies, performance of an index, outstanding equity or other external measures. The payment of any
compensation under the Plan, and the establishment of performance goals, as applicable, shall be subject to such other rules and conditions as the Committee may establish. 

4.2 Adjustments. The Committee may determine in its sole discretion how any performance goals, targets or metrics shall be adjusted at
such time or times as determined by the Committee. Without limiting the foregoing, (a) the Committee may adjust the performance goals for any Performance Period as it deems appropriate in recognition of unusual or non-recurring events affecting the Company; changes in applicable tax laws or accounting principles; other material extraordinary events such as restructurings; discontinued operations; asset write-downs;
significant litigation or claims, judgments or settlements; acquisitions or divestitures; reorganizations or changes in the corporate structure or capital structure of the Company; foreign exchange gains and losses; change in the fiscal year of the
Company; business interruption events; unbudgeted capital expenditures; unrealized investment gains and losses; and impairments; or such other factors as the Committee may determine; and (b) to the extent that a performance goal relates
to the common stock of the Company, then, in the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company, any merger, consolidation, spinoff, reorganization, partial
or complete liquidation or other distribution of assets (other than a normal cash dividend), issuance of rights or warrants to purchase securities or any other corporate transaction having an effect similar to any of the foregoing, the Committee may
make or provide for such adjustments in such performance goals as the Committee in its sole discretion may in good faith determine to be required or appropriate. 

SECTION 5 
 INDIVIDUAL AWARD
OPPORTUNITIES; PAYMENTS 
 5.1 Terms. The Committee may establish an Individual Award Opportunity for any Participant or group of
Participants. 
 5.2 Committee Discretion. In all cases the Committee shall have the sole and absolute discretion
to: (a) reduce or eliminate the amount of any payment under the Plan that would otherwise be made to any Participant, and (b) determine that an amount shall be paid under the Plan that is greater than what would apply
under the applicable performance goals, based on individual performance or any other criteria that the Committee deems appropriate. 
 5.3
Incentive Payments. Prior to payment of amounts under the Plan, the Committee shall determine whether the performance goals and other terms and conditions, as applicable, have been attained, and the amount of bonus payable to a Participant
under the Plan. Unless otherwise determined by the Committee, payments under the Plan shall be paid following the end of the fiscal year to which the Performance Period relates, but not later than March 15 following the end of such fiscal year.
Unless determined otherwise by the Committee, Participants must be employed on the date of payment, provided that in the event that a Participant who has met the Age/Service Requirement voluntarily terminates employment during the Performance
Period, such Participant shall receive a pro-rata portion of his or her Individual Award Opportunity determined by multiplying the lower of his or her (x) most recent short-term incentive compensation
award and (y) his or her Individual Award Opportunity by a fraction, the numerator of which is the number of full calendar months that elapsed during the Performance Period prior to the date of the Participant’s voluntary termination and
the denominator of which is the total number of full calendar months in the Performance Period. 

  
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 5.4 Form of Payment. The Committee shall determine whether any amount payable under the
Plan is payable in cash, in awards granted under the Omnibus Plan, or in any combination thereof. The Committee shall have the right to impose whatever conditions it deems appropriate with respect to the award of shares of Common Stock, including
conditioning the vesting of such shares on the performance of additional service. 
 SECTION 6 

GENERAL 
 6.1 Amendment
and Termination. The Committee may at any time amend, suspend, discontinue or terminate the Plan. 
 6.2 Non-Transferability of Awards. No Individual Award Opportunity under the Plan shall be transferable other than by will, the laws of descent and distribution or pursuant to beneficiary designation procedures
approved by the Company. Except to the extent permitted by the foregoing sentence, no Individual Award Opportunity may be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or
otherwise) or be subject to execution, attachment or similar process. Upon any attempt to sell, transfer, assign, pledge, hypothecate, encumber or otherwise dispose of any such Individual Award Opportunity, such Individual Award Opportunity and all
rights thereunder shall immediately become null and void. 
 6.3 Tax Withholding. The Company shall have the right to require, prior
to the payment of any amount hereunder, payment by the Participant of any federal, state, local or other taxes which may be required to be withheld or paid in connection therewith. 

6.4 Payment by a Subsidiary or Affiliate. The Company may satisfy its obligations under the Plan with respect to a Participant by
causing any Subsidiary or Affiliate to make the payment to which such Participant is entitled under the Plan. 
 6.5 No Right of
Participation or Employment. No person shall have any right to participate in this Plan. Neither this Plan nor any Individual Award Opportunities made hereunder shall confer upon any person any right to continued employment by the Company, any
Subsidiary or any affiliate of the Company or affect in any manner the right of the Company, any Subsidiary or any affiliate of the Company to terminate the employment of any person at any time without liability hereunder. 

6.6 Designation of Beneficiary. If permitted by the Company, a Participant may file with the Committee a written designation of one or
more persons as such Participant’s beneficiary or beneficiaries (both primary and contingent) in the event of the Participant’s death. Each beneficiary designation shall become effective only when filed in writing with the Committee during
the Participant’s lifetime on a form prescribed by the Committee. The spouse of a married Participant domiciled in a community property jurisdiction shall join in any designation of a beneficiary other than such spouse. The filing with the
Committee of a new beneficiary designation shall cancel all previously filed beneficiary designations. If a Participant fails to designate a beneficiary, or if all designated beneficiaries of a Participant predecease the Participant, then each
outstanding Individual Award Opportunity shall be payable to the Participant’s executor, administrator, legal representative or similar person. 

6.7 Governing Law. This Plan and each Individual Award Opportunity hereunder, and all determinations made and actions taken pursuant
thereto, to the extent not otherwise governed by the Code or the laws of the United States, shall be governed by the laws of the State of Delaware and construed in accordance therewith without giving effect to principles of conflicts of laws. 

  
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 6.8 Other Plans. Payments under Individual Award Opportunities shall not be treated as
compensation for purposes of any other compensation or benefit plan, program or arrangement of the Company or any of its subsidiaries, unless either (i) such other plan provides compensation such as payments made pursuant to Individual
Award Opportunities are to be considered as compensation thereunder or (ii) the Committee so determines in writing. The adoption of the Plan shall not be construed as limiting the power of the Board or the Committee to adopt such other
incentive arrangements as it may otherwise deem appropriate. 
 6.9 Binding Effect. The Plan shall be binding upon the Company and
its successors and assigns and the Participants and their beneficiaries, personal representatives and heirs. 
 6.10 Forfeiture and
Clawback of Individual Award Opportunities. The Company may (i) cancel, reduce, or require a Participant to forfeit any Individual Award Opportunity granted under the Plan or (ii) require a participant to reimburse or
disgorge to the Company or reimburse the Company for any amounts received pursuant to the payment of an Individual Award Opportunity granted under the Plan, in each case, to the extent permitted or required by applicable law, regulation, stock
exchange rule or Company policy in effect on or after the effective date of this Plan. 
 6.11 Unfunded Plan; Plan Not Subject to
ERISA. The Plan is an unfunded plan and Participants shall have the status of unsecured creditors of the Company. The Plan is not intended to be subject to the Employee Retirement Income and Security Act of 1974, as amended. 

6.12 409A Compliance. Where reasonably possible and practicable, the Plan shall be administered in a manner to avoid the imposition on
Participants of immediate tax recognition and additional taxes pursuant to Section 409A of the Code. Notwithstanding the foregoing, neither the Company nor the Committee, nor any of the Company’s directors, officers or employees shall have
any liability to any person in the event Section 409A of the Code applies to any payment or right under this Plan in a manner that results in adverse tax consequences for the Participant or any of his beneficiaries or transferees. 

6.13 Severability. If any provision of this Plan is held unenforceable, the remainder of the Plan shall continue in full force and
effect without regard to such unenforceable provision and shall be applied as though the unenforceable provision were not contained in the Plan. 

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

  
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 Exhibit 10.57 

AXA EQUITABLE HOLDINGS, INC. 

2018 OMNIBUS INCENTIVE PLAN 

ARTICLE I 
 PURPOSES 

This AXA Equitable Holdings, Inc. 2018 Omnibus Incentive Plan, as may be amended from time to time (the “Plan”), has the
following purposes: 
 (1) To further the growth, development and financial success of AXA Equitable Holdings, Inc. (the
“Company”) and its Subsidiaries (as defined herein), by providing additional incentives to employees, financial professionals and directors by allowing them to become owners of Company Common Stock, thereby benefiting directly from
the growth, development and financial success of the Company and its Subsidiaries. 
 (2) To enable the Company and its Subsidiaries to
obtain and retain the services of the type of professional and managerial employees, financial professionals and directors considered essential to the long-range success of the Company and its Subsidiaries by providing and offering them an
opportunity to become owners of Company Common Stock pursuant to the Awards granted hereunder. 
 ARTICLE II 

DEFINITIONS 
 Whenever the
following terms are used in this Plan, they shall have the meanings specified below unless the context clearly indicates to the contrary. The singular pronoun shall include the plural where the context so indicates. 

Section 2.1 “Administrator” shall mean the committee of the Board designated by the Board from time to time to
administer the Plan. In the event that at any time no committee has been appointed to be the Administrator, the Board shall be the Administrator. In exercising its discretion hereunder, the Board shall endeavor to cause the Administrator to satisfy
any requirements applicable to qualify for an exemption available under Rule 16b-3 promulgated under the Exchange Act or any other regulatory or administrative requirements that may be applicable with respect
to Awards granted hereunder. 
 Section 2.2 “Affiliate” shall mean, with respect to any Person, any other Person
directly or indirectly controlling, controlled by or under common control with, such Person where “control” shall have the meaning given such term under Rule 405 of the Securities Act. 

Section 2.3 “Alternative Award” shall have the meaning set forth in Section 11.1. 

Section 2.4 “Alternative Performance Awards” shall have the meaning set forth in Section 11.2. 

Section 2.5 “Award” shall mean any Option, Restricted Stock, Restricted Stock Unit, Performance Award, SAR, Dividend
Equivalent or other Stock-Based Award granted to a Participant pursuant to the Plan, including an Award combining two or more types of Awards into a single grant. 

Section 2.6 “Award Agreement” shall mean any written agreement, contract or other instrument or document evidencing an
Award, including through an electronic medium. The Administrator may provide for the use of electronic, internet or other non-paper Award Agreements, and the use of electronic, internet or other non-paper means for the Participant’s acceptance of, or actions under, an Award Agreement unless otherwise expressly specified herein. In the event of any inconsistency or conflict between the express terms of
the Plan and the express terms of an Award Agreement, the express terms of the Plan shall govern. 

 Section 2.7 “AXA” means AXA, a société anonyme organized
under the laws of the Republic of France, registered in the Commercial Registry of Paris under the number 572.093.920 RCS Paris. 

Section 2.8 “AXA Group” means AXA and its direct or indirect majority owned Subsidiaries. 

Section 2.9 “Base Price” shall have the meaning set forth in Section 2.58. 

Section 2.10 “Board” shall mean the Board of Directors of the Company. 

Section 2.11 “Business Combination” shall have the meaning set forth in the definition of “Change in Control”.

 Section 2.12 “Cause” shall mean, unless otherwise provided in the Award Agreement, any of the following:
(a) the Participant’s commission of a crime involving fraud, theft, false statements or other similar acts or commission of any crime that is a felony (or comparable classification in a jurisdiction that does not use these terms);
(b) the Participant’s engaging in any conduct that constitutes an employment disqualification under applicable law with respect to a material portion of the Participant’s work duties; (c) the Participant’s willful
or grossly negligent failure to perform his or her material employment-related duties for the Company and its Subsidiaries, or willful misconduct in the performance of such duties; (d) the Participant’s material violation of any
Company or Subsidiary policy as in effect from time to time; (e) the Participant’s engaging in any act or making any public statement that materially impairs, impugns, denigrates, disparages or negatively reflects upon the name,
reputation or business interests of the Company or its Subsidiaries; or (f) the Participant’s material breach of any Award Agreement, employment agreement, or noncompetition, nondisclosure or nonsolicitation agreement to which the
Participant is a party or by which the Participant is bound; provided that in the case of any Participant who, as of the date of determination, is a party to an effective services, severance, consulting or employment agreement with the
Company or any Subsidiary of the Company that employs such individual, “Cause” shall have the meaning, if any, specified in such agreement. A termination for Cause shall be deemed to include a determination by the Administrator following a
Participant’s termination of employment that circumstances existing prior to such termination would have entitled the Company or one of its Subsidiaries to have terminated such Participant’s employment for Cause. All rights a Participant
has or may have under the Plan shall be suspended automatically during the pendency of any investigation by the Administrator or its designee, or during any negotiations between the Administrator or its designee and the Participant, regarding any
actual or alleged act or omission by the Participant of the type described in the applicable definition of Cause. 
 Section 2.13
“Change in Control” shall mean the first to occur of any of the following events after the Effective Date: 

(a) any Person other than the AXA Group becomes the beneficial owner (within the meaning of Rule
13d-3 promulgated under the Exchange Act) of (i) 30% or more of either (x) the then-outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (y) the
combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”) and (ii) a percentage of either the Outstanding
Company Common Stock or Outstanding Company Voting Securities that is greater than the percentage thereof then held by the AXA Group; 

(b) if at any time that the AXA Group holds less than 50% of Outstanding Company Voting Securities (the “Fifty-Percent
Threshold”), the individuals who constitute the Board at the date the ownership of Company voting securities by the AXA Group first drops below the Fifty-Percent Threshold (the “Incumbent Board”) cease for any reason to
constitute at least a majority of the Board; provided, however, that any individual becoming a Director subsequent to the 

  
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Effective Date whose election, or nomination for election, by the Company’s shareholders, was approved by a vote of at least a majority of the Directors then comprising the Incumbent Board
shall be considered as though such individual was a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest 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; or 

(c) the consummation of a reorganization, merger, statutory share exchange or consolidation or similar transaction involving
the Company or any of its Subsidiaries, a sale or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or stock of another entity by the Company or any of its subsidiaries (each, a
“Business Combination”), in each case, unless, following such Business Combination, (i) all or substantially all of the individuals and entities that were the beneficial owners of the Outstanding Company Common Stock and the
Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, 50% or more of the then-outstanding shares of common stock (or, for a non-corporate entity, equivalent securities) and the combined voting power of the then-outstanding voting securities entitled to vote generally in the election of Directors
(or, for a non-corporate entity, equivalent governing body), as the case may be, of the entity resulting from such Business Combination (including, without limitation, an entity that, as a result of such
transaction, owns the Company or all or substantially all of the Company’s assets either directly or through one or more Subsidiaries) in substantially the same proportions as their ownership immediately prior to such Business Combination of
the Outstanding Company Common Stock and the Outstanding Company Voting Securities, as the case may be, (ii) no Person (excluding any corporation resulting from such Business Combination or any employee benefit plan (or related trust) of the
Company or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 30% or more of, respectively, the then-outstanding shares of common stock (or, for a
non-corporate entity, equivalent securities) of the entity resulting from such Business Combination or the combined voting power of the then-outstanding voting securities of such entity entitled to vote
generally in the election of directors (or, for a non-corporate entity, equivalent securities), except to the extent that such ownership existed prior to the Business Combination, and (iii) at least a
majority of the members of the board of directors (or, for a non-corporate entity, equivalent governing body) of the entity resulting from such Business Combination were members of the Incumbent Board at the
time of the execution of the initial agreement or of the action of the Board providing for such Business Combination; 
 in each case, provided that,
as to Awards subject to Section 409A of the Code the payment or settlement of which will occur by reason of the Change in Control, such event also constitutes a “change in control” within the meaning of Section 409A of the Code.
In addition, notwithstanding the foregoing, (i) a “Change in Control” shall not be deemed to occur if the Company files for bankruptcy, liquidation or reorganization under the United States Bankruptcy Code or as a result of any
restructuring that occurs as a result of any such proceeding and (ii) a Public Offering shall not constitute a Change in Control. 

Section 2.14 “Change in Control Price” shall mean the price per share of Company Common Stock paid in conjunction with
any transaction resulting in a Change in Control. If any part of the offered price is payable other than in cash, the value of the non-cash portion of the Change in Control Price shall be determined in good
faith by the Administrator as constituted immediately prior to the Change in Control. 
 Section 2.15 “Code” shall
mean the Internal Revenue Code of 1986, as amended. 
 Section 2.16 “Company” shall mean AXA Equitable Holdings, Inc.,
a Delaware corporation, and any successor thereto. 

  
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 Section 2.17 “Company Common Stock” shall mean the common stock, par value
$0.01 per share, of the Company and such other stock or securities into which such common stock is hereafter converted or for which such common stock is exchanged. 

Section 2.18 “Compensation Year” shall mean the period from one annual meeting of shareholders to the next following
annual meeting of shareholders. 
 Section 2.19 “Competitive Activity” shall mean a Participant’s material breach
of restrictive covenants relating to noncompetition, nonsolicitation (of customers or employees) or preservation of confidential information or other covenants having the same or similar scope, included in an Award Agreement or other agreement to
which the Participant and the Company or any of its Subsidiaries is a party. 
 Section 2.20 “Corporate Event” shall
mean, as determined by the Administrator, any transaction or event described in Section 4.3(a) or any unusual or infrequently occurring transaction or event affecting the Company, any Subsidiary of the Company, or the financial statements of
the Company or any of its Subsidiaries, or changes in applicable laws, regulations or accounting principles (including, without limitation, a recapitalization of the Company). 

Section 2.21 “Director” shall mean a member of the Board or a member of the board of directors of any Subsidiary. 

Section 2.22 “Disability” shall mean (x) for Awards that are not subject to Section 409A of the Code,
“disability” as such term is defined in in the long-term disability insurance plan or program of the Company or any Subsidiary then covering the Participant other than a determination of disability by Reliance Standard Life Insurance
Company or any successor with regard to compensation or commissions that are designated as non-proprietary in the payroll policies of the Company and its Subsidiaries, and (y) for Awards that are
subject to Section 409A of the Code, “disability” shall have the meaning set forth in Section 409A(a)(2)(c) of the Code; provided that with respect to Awards that are not subject to Section 409A, in the case of any
Participant who, as of the date of determination, is a party to an effective services, severance, consulting or employment agreement with the Company or any Subsidiary of the Company that employs such individual, “Disability” shall have
the meaning, if any, specified in such agreement. 
 Section 2.23 “Dividend Equivalent” shall mean the right to
receive payments, in cash or in Shares, based on dividends paid with respect to Shares. 
 Section 2.24 “Effective
Date” shall have the meaning set forth in Section 12.7. 
 Section 2.25 “Eligible Representative” for a
Participant shall mean such Participant’s personal representative or such other person as is empowered under the deceased Participant’s will or the then applicable laws of descent and distribution to represent the Participant hereunder.

 Section 2.26 “Employee” shall mean any individual classified as an employee by the Company or one of its Affiliates
as well as financial professionals of the Company or one of its Affiliates. 
 Section 2.27 “Exchange Act” shall mean
the Securities Exchange Act of 1934, as amended. 
 Section 2.28 “Executive Officer” shall mean each person who is an
officer or employee of the Company or any Subsidiary and who is subject to the reporting requirements under Section 16(a) of the Exchange Act. 

  
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 Section 2.29 “Fair Market Value” of a Share as of any date of determination
shall be: 
 (a) If the Company Common Stock is listed on any established stock exchange or a national market system, then
the closing price on such date per Share as reported as quoted on such stock exchange or system;  
 (b) If there are
no transactions in the Company Common Stock that are available to the Company on any date of determination pursuant to clause (a) but transactions are available to the Company as of the immediately preceding trading date, then the Fair Market
Value determined as of the immediately preceding trading date; or 
 (c) If neither clause (a) nor clause (b) shall
apply on any date of determination, then the Fair Market Value shall be determined in good faith by the Administrator with reference to (x) the most recent valuation of the Company Common Stock performed by an independent valuation
consultant or appraiser of nationally recognized standing selected by the Administrator, if any, (y) sales prices of securities issued to investors in any recent arm’s length transactions, and (z) any other factors
determined to be relevant by the Administrator. 
 Section 2.30 “Fifty-Percent Threshold” shall have the meaning set
forth in the definition of “Change in Control”. 
 Section 2.31 “Good Reason” shall, as to any Participant,
have the meaning set forth in an effective employment, severance, consulting or other services agreement to which the Participant is a party with the Company or a Subsidiary that employs the Participant, or, in the absence of such an agreement:
(i) a material reduction in the Participant’s base salary or a material reduction in the Participant’s target annual incentive compensation opportunity, in each case, other than (a) any isolated or inadvertent failure by the
Company or the applicable Subsidiary that is not in bad faith and is cured within thirty (30) business days after the Participant gives the Company or the applicable Subsidiary notice of such event or (b) a reduction of 10% or less which
is applicable to all employees in the same salary grade as the Participant; or (ii) a transfer of the Participant’s primary workplace by more than fifty (50) miles, in each case without the prior written consent of the Participant.

 Section 2.32 “Incentive Stock Option” shall mean an Option which qualifies under Section 422 of the Code and
is expressly designated as an Incentive Stock Option in the Award Agreement. 
 Section 2.33 “Incumbent Directors”
shall have the meaning set forth in the definition of “Change in Control”. 
 Section 2.34 “Non-Qualified Stock Option” shall mean an Option that is not an Incentive Stock Option. 

Section 2.35 “Non-U.S. Awards” shall have the meaning set forth in
Section 3.5. 
 Section 2.36 “Option” shall mean an option to purchase Company Common Stock granted under the
Plan. The term “Option” includes both an Incentive Stock Option and a Non-Qualified Stock Option. 

Section 2.37 “Option Price” shall have the meaning set forth in Section 5.3. 

Section 2.38 “Outstanding Company Common Stock” shall have the meaning set forth in the definition of “Change in
Control”. 
 Section 2.39 “Outstanding Company Voting Securities” shall have the meaning set forth in the
definition of “Change in Control”. 
 Section 2.40 “Participant” shall mean any Service Provider who has
been granted an Award pursuant to the Plan. 

  
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 Section 2.41 “Performance Award” shall mean Performance Shares, Performance
Units and all other Awards that vest (in whole or in part) upon the achievement of specified Performance Goals, including, for clarity, Awards consisting solely of cash entitlements. 

Section 2.42 “Performance Award Conversion” shall have the meaning set forth in Section 11.2. 

Section 2.43 “Performance Cycle” shall mean the period of time selected by the Administrator during which performance is
measured for the purpose of determining the extent to which a Performance Award has been earned or vested. 
 Section 2.44
“Performance Goals” means the objectives established by the Administrator for a Performance Cycle pursuant to Section 7.5 for the purpose of determining the extent to which a Performance Award has been earned or vested. 

Section 2.45 “Performance Share” means an Award granted pursuant to Article VII of the Plan of a Share or a
contractual right to receive a Share (or the cash equivalent thereof) upon the achievement, in whole or in part, of the applicable Performance Goals. 

Section 2.46 “Performance Unit” means a U.S. Dollar-denominated unit (or a unit denominated in the Participant’s
local currency) granted pursuant to Article VII of the Plan, payable in cash or in Shares upon the achievement, in whole or in part, of the applicable Performance Goals. 

Section 2.47 “Person” shall mean an individual, partnership, corporation, limited liability company, business trust,
joint stock company, trust, unincorporated association, joint venture, governmental authority or any other entity of whatever nature. 

Section 2.48 “Plan” shall have the meaning set forth in Article I. 

Section 2.49 “Public Offering” shall mean the first day as of which (i) sales of Company Common Stock are
made to the public in the United States pursuant to an underwritten public offering of the Company Common Stock led by one or more underwriters at least one of which is an underwriter of nationally recognized standing or (ii) the
Administrator has determined that the Company Common Stock otherwise has become publicly traded for this purpose. 
 Section 2.50
“Qualifying Termination” shall have the meaning set forth in the applicable Award Agreement or, if not defined in the Award Agreement, the termination of a Participant’s employment, other than for Cause, on or after the date
that the Participant reaches 55 years of age with 10 years of service to the Company and its Affiliates, provided that if the Participant’s employment is terminated by the Company or an Affiliate, the participant signs, and does not exercise
any rights to revoke, a Release. 
 Section 2.51 “Release” means a general release and waiver of claims in the form
provided by the Administrator. 
 Section 2.52 “Replacement Awards” shall mean Shares or Awards issued in assumption
of, or in substitution for, any outstanding awards of any entity acquired in any form or combination by the Company or any of its Subsidiaries. 

Section 2.53 “Restricted Stock” shall mean an Award granted pursuant to Section 6.1. 

Section 2.54 “Restricted Stock Unit” shall mean an Award granted pursuant to Section 6.2. 

Section 2.55 “Securities Act” shall mean the Securities Act of 1933, as amended. 

Section 2.56 “Service Provider” shall mean an Employee or Director. 

  
 6 

 Section 2.57 “Share” shall mean a share of Company Common Stock. 

Section 2.58 “Stock Appreciation Right” or “SAR” shall mean the right to receive a payment from the
Company in cash and/or Shares equal to the product of (i) the excess, if any, of the Fair Market Value of one Share on the exercise date over a specified price (the “Base Price”) fixed by the Administrator on the grant
date (which specified price shall not be less than the Fair Market Value of one Share on the grant date), multiplied by (ii) a stated number of Shares. 

Section 2.59 “Stock-Based Award” shall have the meaning set forth in Section 9.1. 

Section 2.60 “Subplans” shall have the meaning set forth in Section 3.5. 

Section 2.61 “Subsidiary” shall mean any entity that is directly or indirectly controlled by the Company or any entity
in which the Company directly or indirectly has at least a 50% equity interest. 
 Section 2.62 “Termination of
employment,” “termination of service” and any similar term or terms shall mean, with respect to a Director who is not an Employee of the Company or any of its Affiliates, the date upon which such Director ceases to be a
member of the Board or of the board of directors of any Subsidiary and, with respect to an Employee, the date the Participant ceases to be an Employee; provided that with respect to any Award subject to Section 409A of the Code, such
terms shall mean “separation from service,” as defined in Section 409A of the Code and the rules, regulations and guidance promulgated thereunder. Unless otherwise determined by the Administrator, a “termination of
employment” or “termination of service” shall not occur if an Employee or Director, immediately upon ceasing to provide services in such capacity, commences to or continues to provide services to the Company or any of its Affiliates
in another of such capacities. 
 Section 2.63 “Withholding Taxes” shall mean the federal, state, local or foreign
income taxes, withholding taxes or employment taxes required to be withheld under applicable law, which shall be at a rate determined by the Company that is permitted under applicable IRS withholding rules and that does not to cause adverse
accounting consequences. 
 ARTICLE III 

ADMINISTRATION 

Section 3.1 Administrator. The Plan shall be administered by the Administrator. 

Section 3.2 Powers of the Administrator. The Administrator shall have the sole and complete authority and discretion to: 

(a) determine the Fair Market Value; 

(b) determine the type or types of Awards to be granted to each Participant; 

(c) select the Service Providers to whom Awards may from time to time be granted hereunder; 

(d) determine all matters and questions related to the termination of service of a Service Provider with respect to any Award
granted to him or her hereunder; 
 (e) determine the number of Awards to be granted and the number of Shares to which an
Award will relate; 
 (f) approve forms of agreement for use under the Plan, which need not be identical for each Service
Provider; 

  
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 (g) determine the terms and conditions of any Awards granted hereunder
(including, without limitation, the exercise price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions and any restriction or limitation
regarding any Awards or the Company Common Stock relating thereto) based in each case on such factors as the Administrator shall determine; 

(h) prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to
Subplans established for the purpose of satisfying applicable foreign laws; 
 (i) determine whether, to what extent, and
pursuant to what circumstances an Award may be settled in, or the exercise or purchase price of an Award may be paid in, cash, Company Common Stock, other Awards, or other property, or an Award may be canceled, forfeited or surrendered; 

(j) suspend or accelerate the vesting of any Award granted under the Plan or waive the forfeiture restrictions or any other
restriction or limitation regarding any Awards or the Company Common Stock relating thereto; 
 (k) construe and interpret
the terms of the Plan and Awards granted pursuant to the Plan; and 
 (l) make all other decisions and determinations that
may be required pursuant to the Plan or as the Administrator deems necessary or advisable to administer the Plan. 
 Any determination made
by the Administrator under the Plan, including, without limitation, under Section 4.3, shall be final, binding and conclusive on all Participants and other persons having or claiming any right or interest under the Plan. The
Administrator’s determinations under the Plan need not be uniform and may be made by the Administrator selectively among persons who receive, or are eligible to receive, Awards under the Plan, whether or not such persons are similarly situated.

 Section 3.3 Delegation by the Administrator. The Administrator may delegate, subject to such terms or conditions or
guidelines as it shall determine, to any officer or group of officers, or Director or group of Directors of the Company or its Affiliates any portion of its authority and powers under the Plan with respect to Participants who are not Executive
Officers or non-employee directors of the Board; provided that any delegation to one or more officers of the Company shall be subject to and comply with applicable law. 

Section 3.4 Expenses, Professional Assistance, No Liability. All expenses and liabilities incurred by the
Administrator in connection with the administration of the Plan shall be borne by the Company. The Administrator may elect to engage the services of attorneys, consultants, accountants or other persons. The Administrator, the Company and its
officers and Directors shall be entitled to rely upon the advice, opinions or valuations of any such persons. The Administrator (and its members) shall not be personally liable for any action, determination or interpretation made with respect to the
Plan or the Awards, and the Administrator (and its members) shall be fully protected by the Company with respect to any such action, determination or interpretation. 

Section 3.5 Participants Based Outside the United States. To conform with the provisions of local laws and regulations, or with
local compensation practices and policies, in foreign countries in which the Company or any of its Subsidiaries or Affiliates operate, but subject to the limitations set forth herein regarding the maximum number of shares issuable hereunder and the
maximum award to any single Participant, the Administrator may (i) modify the terms and conditions of Awards granted to Participants employed outside the United States (“Non-U.S.
Awards”), (ii) establish subplans with such modifications as may be necessary or advisable under the circumstances (“Subplans”) and (iii) take any action which it deems advisable to obtain, comply
with or otherwise reflect any necessary governmental regulatory 

  
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procedures, exemptions or approvals with respect to the Plan. The Administrator’s decision to grant Non-U.S. Awards or to establish Subplans is
entirely voluntary, and at the complete discretion of the Administrator. The Administrator may amend, modify or terminate any Subplans at any time, and such amendment, modification or termination may be made without prior notice to the Participants.
The Company, Subsidiaries, Affiliates and members of the Administrator shall not incur any liability of any kind to any Participant as a result of any change, amendment or termination of any Subplan at any time. The benefits and rights provided
under any Subplan or by any Non-U.S. Award (x) are wholly discretionary and, although provided by either the Company, a Subsidiary or Affiliate, do not constitute regular or periodic payments and
(y) except as otherwise required under applicable laws, are not to be considered part of the Participant’s salary or compensation under the Participant’s employment with the Participant’s local employer for purposes of
calculating any severance, resignation, redundancy or other end of service payments, vacation, bonuses, long-term service awards, indemnification, pension or retirement benefits, or any other payments, benefits or rights of any kind. If a Subplan is
terminated, the Administrator may direct the payment of Non-U.S. Awards (or direct the deferral of payments whose amount shall be determined) prior to the dates on which payments would otherwise have been
made, and determine if such payments may be made in a lump sum or in installments. 
 ARTICLE IV 

SHARES SUBJECT TO PLAN 

Section 4.1 Shares Subject to Plan. 

(a) Subject to Section 4.3, the aggregate number of Shares which may be issued under this Plan shall be equal to 5,882,352 Shares, all of
which may be issued in the form of Incentive Stock Options under the Plan. The Shares issued under the Plan may be authorized but unissued, or reacquired Company Common Stock. No provision of this Plan shall be construed to require the Company to
maintain the Shares in certificated form. Unless the Administrator shall determine otherwise, (x) Awards may not consist of fractional shares and shall be rounded up to the nearest whole Share, and (y) fractional Shares shall
not be issued under the Plan (and shall instead also be rounded as aforesaid). 
 (b) Upon the grant of an Award, the maximum number of
Shares set forth in Section 4.1(a) shall be reduced by the maximum number of Shares that are issued or may be issued pursuant to such Award. If any such Award or portion thereof under this Plan is for any reason forfeited, canceled,
cash-settled, expired or otherwise terminated without the issuance of Shares, the Shares subject to such forfeited, canceled, cash-settled, expired or otherwise terminated Award or award, or portion thereof, shall again be available for grant under
the Plan. If Shares are tendered or withheld from issuance with respect to an Award by the Company in satisfaction of any Option Price, Base Price or tax withholding or similar obligations, such tendered or withheld Shares shall again be available
for grant under the Plan. Awards which the Administrator reasonably determines will be settled in cash, and Awards subject to Performance Goals that the Administrator reasonably determines are certain not to be met, shall not (or shall upon such
determination cease to) reduce the Plan maximum set forth in Section 4.1(a). Notwithstanding the foregoing, and except to the extent required by applicable law, Replacement Awards shall not be counted against Shares available for grant pursuant
to this Plan. 
 Section 4.2 Limitation on Non-Employee Director Awards. In any
Compensation Year in respect of a non-employee Director’s service to the Company as a non-employee Director, the maximum value of Awards granted to such Director,
and the maximum amount of cash paid to such Director, shall not exceed (i) in the case of such non-employee Director who is serving as the chairman of the Board, $300,000 and (ii) in the case of any
other such Director, $500,000. 
 Section 4.3 Changes in Company Common Stock; Disposition of Assets and Corporate Events. 

  
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 (a) If and to the extent necessary or appropriate to reflect any stock dividend, extraordinary
dividend, stock split or share combination or any recapitalization, merger, consolidation, exchange of shares, spin-off, liquidation or dissolution of the Company or other similar transaction affecting the
Company Common Stock (each, a “Corporate Event”), the Administrator shall adjust the number of shares of Company Common Stock available for issuance under the Plan, any other limit applicable under the Plan with respect to the
number of Awards that may be granted hereunder, and the number, class and exercise price (if applicable) or Base Price (if applicable) of any outstanding Award, and/or make such substitution, revision or other provisions or take such other actions
with respect to any outstanding Award or the holder or holders thereof, in each case as it determines to be equitable. Without limiting the generality of the foregoing sentence, in the event of any such Corporate Event, the Administrator shall have
the power to make such changes as it deems appropriate in (i) the number and type of shares or other securities covered by outstanding Awards, (ii) the prices specified therein (if applicable), (iii) the
securities, cash or other property to be received upon the exercise, settlement or conversion of such outstanding Awards or otherwise to be received in connection with such outstanding Awards and (iv) any applicable Performance Goals.
After any adjustment made by the Administrator pursuant to this Section 4.3, the number of shares subject to each outstanding Award shall be rounded down to the nearest whole number of whole or fractional shares (as determined by the
Administrator), and (if applicable) the exercise price thereof shall be rounded up to the nearest cent. 
 (b) Any adjustment of an Award
pursuant to this Section 4.3 shall be effected in compliance with Section 422 and 409A of the Code to the extent applicable. 

Section 4.4 Award Agreement Provisions. The Administrator may include such provisions and limitations in any Award Agreement as it
shall determine, subject to the terms of the Plan. 
 Section 4.5 Prohibition Against Repricing. Except to
the extent (i) approved in advance by holders of a majority of the Shares entitled to vote generally in the election of directors or (ii) pursuant to Section 4.3 as a result of any Corporate Event or pursuant to Article
XI in connection with a Change in Control, the Administrator shall not have the power or authority to reduce, whether through amendment or otherwise, the exercise price of any outstanding Option or Base Price of any outstanding SAR or to grant any
new Award, or make any cash payment, in substitution for or upon the cancellation of Options or SARs previously granted and as to which the exercise price or Base Price thereof is in excess of the then-current Fair Market Value of Share. 

ARTICLE V 
 OPTIONS AND SARS

 Section 5.1 Grant of Options and SARs. The Administrator is authorized to make Awards of Options and/or SARs to any
Service Provider in such amounts and subject to such terms and conditions as determined by the Administrator, consistent with the Plan. Any Incentive Stock Option granted under the Plan shall be designed to conform to the applicable provisions of
Section 422 of the Code. SARs may be granted in tandem with Options or may be granted on a freestanding basis, not related to any Option. Excluding Replacement Awards, the per Share purchase price of the Shares subject to each Option (the
“Option Price”) and the Base Price of each SAR shall be not less than 100% of the Fair Market Value of such Shares on the date such Option or SAR is granted. Each Option and each SAR shall be evidenced by an Award Agreement. 

Section 5.2 Exercisability and Vesting; Exercise. Each Option and SAR shall vest and become exercisable according to the
terms and conditions as determined by the Administrator. Except as otherwise determined by the Administrator, Options and SARs shall vest ratably in equal annual installments over a three-year period, on each of the first three anniversaries of the
grant date. Except as otherwise determined by the Administrator, SARs granted in tandem with an Option shall become vested and exercisable on the same date or dates as the Options with which such SARs are associated vest and become exercisable. SARs
that are granted in tandem with an Option may only be exercised upon the surrender of the right to exercise such Option for an equivalent number of Shares, and may be exercised only with respect to the Shares for which the related Option is then
exercisable. The Administrator shall specify the manner of and any terms and conditions of exercise of an exercisable Option or SAR, including but not limited to net-settlement, delivery of previously owned
stock and broker-assisted sales. 

  
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 Section 5.3 Settlement of SARs. Upon exercise of a SAR, the Participant shall be
entitled to receive payment in Shares, or such other form as determined by the Administrator, having an aggregate value equal to the amount determined by multiplying the excess of (i) the Fair Market Value of one Share on the exercise date over
(ii) the Base Price of such SAR, by the number of Shares with respect to which such SAR is exercised; provided, however, that on the grant date, the Administrator may establish a maximum amount per Share that may be payable upon
exercise of a SAR.  
 Section 5.4 Expiration of Options and SARs. No Option or SAR may be exercised after the expiration
of ten (10) years from the date the Option or SAR was granted, unless a longer or shorter period is set forth in the Award Agreement. 

ARTICLE VI 
 RESTRICTED STOCK
AWARDS AND RESTRICTED STOCK UNIT AWARDS 
 Section 6.1 Restricted Stock. 

(a) Grant of Restricted Stock. The Administrator is authorized to make Awards of Restricted Stock to any Service Provider selected by
the Administrator in such amounts and subject to such terms and conditions as determined by the Administrator. All Awards of Restricted Stock shall be evidenced by an Award Agreement. 

(b) Issuance and Restrictions. Restricted Stock shall be subject to such restrictions on transferability and other restrictions as the
Administrator may impose (including, without limitation, limitations on the right to vote Restricted Stock or the right to receive dividends on the Restricted Stock). These restrictions may lapse separately or in combination at such times, pursuant
to such circumstances, in such installments, or otherwise, as the Administrator determines at the time of the grant of the Award or thereafter. 

(c) Issuance of Restricted Stock. The issuance of Restricted Stock granted pursuant to the Plan may be evidenced in such manner as the
Administrator shall determine. 
 Section 6.2 Restricted Stock Units. The Administrator is authorized to make Awards of
Restricted Stock Units to any Service Provider selected by the Administrator in such amounts and subject to such terms and conditions as determined by the Administrator. Except as otherwise determined by the Administrator, Restricted Stock Units
that vest solely based on the continued service of the Service Provider shall vest ratably in equal annual installments over a three-year period, on each of the first three anniversaries of the grant date. The Administrator may specify any
conditions to vesting as it deems appropriate. For the avoidance of doubt, the Administrator may grant Restricted Stock Units that are fully vested and nonforfeitable when granted. At the time of grant, the Administrator shall specify the settlement
date applicable to each grant of Restricted Stock Units. Unless otherwise provided in an Award Agreement, on the settlement date, the Company shall, subject to the terms of this Plan, transfer to the Participant one Share for each Restricted Stock
Unit scheduled to be paid out on such date and not previously forfeited. 
 Section 6.3 Rights as a Stockholder. A Participant
shall not be, nor have any of the rights or privileges of, a stockholder in respect of Restricted Stock Units awarded pursuant to the Plan unless and until the Shares attributable to such Restricted Stock Units have been issued to such Participant.
Notwithstanding the foregoing, unless otherwise determined by the Administrator, the Restricted Stock Units awarded pursuant to the Plan will receive Dividend Equivalents settled in Shares in accordance with Article IX. 

  
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 ARTICLE VII 

PERFORMANCE AWARDS 

Section 7.1 Grant of Performance Awards. The Administrator is authorized to make Performance Awards to any Participant selected by
the Administrator in such amounts and subject to such terms and conditions as determined by the Administrator. All Performance Shares and Performance Units shall be evidenced by an Award Agreement. 

Section 7.2 Issuance and Restrictions. The Administrator shall have the authority to determine the Participants who shall receive
Performance Awards; the number of Performance Shares, the number and value of Performance Units; the cash entitlement of any Participant with respect to any Performance Cycle; and the Performance Goals applicable in respect of such Performance
Awards for each Performance Cycle. The Administrator shall determine the duration of each Performance Cycle (the duration of Performance Cycles may differ from one another), and there may be more than one Performance Cycle in existence at any one
time. An Award Agreement evidencing the grant of Performance Shares or Performance Units shall specify the number of Performance Shares and the number and value of Performance Units awarded to the Participant, the Performance Goals applicable
thereto, and such other terms and conditions as the Administrator shall determine. Unless otherwise determined by the Administrator, Performance Awards shall vest at the end of a three-year Performance Cycle, subject to achievement of the applicable
Performance Goals. Unless the Administrator shall determine otherwise, no Company Common Stock will be issued at the time an Award of Performance Shares is made. The Company shall not be required to set aside a fund for the payment of Performance
Awards. 
 Section 7.3 Earned Performance Awards. Performance Awards shall become earned, in whole or in part, based upon the
attainment of specified Performance Goals or the occurrence of any event or events, as the Administrator shall determine or as set forth in an Award Agreement. In addition to the achievement of the specified Performance Goals, the Administrator may
condition payment of Performance Awards on such other conditions as the Administrator shall determine. The Administrator may also provide in an Award Agreement for the completion of a minimum period of service (in addition to the achievement of any
applicable Performance Goals) as a condition to the vesting of any Performance Award. 
 Section 7.4 Rights as a Stockholder. A
Participant shall not have any rights as a stockholder in respect of Performance Awards awarded pursuant to the Plan (including, without limitation, the right to vote on any matter submitted to the Company’s stockholders) until such time as the
Shares attributable to such Performance Awards have been issued to such Participant or his or her beneficiary. Performance Shares as to which Shares are issued prior to the end of the Performance Cycle shall, during such period, be subject to such
restrictions on transferability and other restrictions as the Administrator may impose (including, without limitation, limitations on the right to vote such Shares or the right to receive dividends on such Shares). Notwithstanding the foregoing,
unless otherwise determined by the Administrator, the Performance Awards awarded pursuant to the Plan will receive Dividend Equivalents settled in Shares in accordance with Article IX. 

Section 7.5 Performance Goals and Related Provisions. The Administrator shall establish the Performance Goals that must be
satisfied in order for a Participant to receive an Award for a Performance Cycle or for a Performance Award to be earned or vested. The Administrator may provide for a threshold level of performance below which no amount of compensation will be paid
and a maximum level of performance above which no additional amount of compensation will be paid under the Plan, and it may provide for the payment of differing amounts of compensation for different levels of performance. Performance Goals may be
established on a Company-wide basis, with respect to one or more business units, divisions, Subsidiaries or products or based on individual performance measures, and may be expressed in absolute terms or relative to other metrics including internal
targets or budgets, past performance of the Company, the performance of one or more similarly situated companies, performance of an index, outstanding equity or other external measures. In the case of earning-based measures, performance goals may
include comparisons relating to capital (including but limited to, the cost of capital), 

  
 12 

 
shareholders’ equity, shares outstanding, assets or net assets, or any combination thereof. Performance goals may also be subject to such other terms and conditions as the Administrator may
determine appropriate. The Administrator may also adjust the Performance Goals for any Performance Cycle as it deems equitable in recognition of unusual or non-recurring events affecting the Company; changes
in applicable tax laws or accounting principles; other material extraordinary events such as restructurings; discontinued operations; asset write-downs; significant litigation or claims, judgments or settlements; acquisitions or divestitures;
reorganizations or changes in the corporate structure or capital structure of the Company; foreign exchange gains and losses; change in the fiscal year of the Company; business interruption events; unbudgeted capital expenditures; unrealized
investment gains and losses; and impairments or such other factors as the Administrator may determine. 
 Section 7.6 Determination
of Attainment of Performance Goals. As soon as practicable following the end of a Performance Cycle and prior to any payment or vesting in respect of such Performance Cycle, the Administrator (or its delegate pursuant to Section 3.3) shall
determine the number of Performance Shares or other Performance Awards and the number and value of Performance Units or the amount of any cash entitlement, in each case that has been earned or vested. 

Section 7.7 Payment of Awards. Payment or delivery of Company Common Stock with respect to earned Performance Shares, earned
Performance Units and earned cash entitlements shall be made to the Participant or, if the Participant has died, to the Participant’s Eligible Representative, as soon as practicable after the expiration of the Performance Cycle and the
Administrator’s determination under Section 7.8 above and (unless an applicable Award Agreement shall set forth one or more other dates) in any event no later than the earlier of (i) ninety (90) days after the end of the
fiscal year in which the Performance Cycle has ended and (ii) ninety (90) days after the expiration of the Performance Cycle. The Administrator shall determine and set forth in the applicable Award Agreement whether earned
Performance Shares and the value of earned Performance Units are to be distributed in the form of cash, Shares or in a combination thereof, with the value or number of Shares payable to be determined based on the Fair Market Value of the Company
Common Stock on the date of the Administrator’s determination under Section 7.8 above or such other date specified in the Award Agreement. The Administrator may, in an Award Agreement with respect to the Award or delivery of Shares,
condition the vesting of such Shares on the performance of additional service. 
 Section 7.8 Newly Eligible Participants.
Notwithstanding anything in this Article VII to the contrary, the Administrator shall be entitled to make such rules, determinations and adjustments as it deems appropriate with respect to any Participant who becomes eligible to receive Performance
Shares, Performance Units or other Performance Awards after the commencement of a Performance Cycle. 
 ARTICLE VIII 

OTHER STOCK-BASED AWARDS 

Section 8.1 Grant of Stock-Based Awards. The Administrator is authorized to make Awards of other types of equity-based or
equity-related awards and fully vested stock awards, including grants of fully vested Shares (collectively, “Stock-Based Awards”) not otherwise described by the terms of the Plan in such amounts and subject to such terms and
conditions as the Administrator shall determine, including without limitation the payment of cash bonuses or other incentives in the form of Stock-Based Awards. Unless otherwise determined by the Administrator, all Stock-Based Awards shall be
evidenced by an Award Agreement. Such Stock-Based Awards may be granted as an inducement to enter the employ of the Company, any Affiliate or any Subsidiary or in satisfaction of any obligation of the Company, any Affiliate or any Subsidiary to an
officer or other key employee, whether pursuant to this Plan or otherwise, that would otherwise have been payable in cash or in respect of any other obligation of the Company. Such Stock-Based Awards may entail the transfer of actual Shares, or
payment in cash or otherwise of amounts based on the value of Shares and may include, without limitation, Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States. 

  
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 ARTICLE IX 

DIVIDEND EQUIVALENTS 

Section 9.1 Generally. Dividend Equivalents may be granted to Participants at such time or times as shall be determined by the
Administrator. Dividend Equivalents may be granted in tandem with other Awards, in addition to other Awards, or freestanding and unrelated to other Awards. Notwithstanding the terms of this Section 9.1, no Dividend Equivalents shall be granted
with respect to Options or SARs. The grant date of any Dividend Equivalents under the Plan will be the date on which the Dividend Equivalent is awarded by the Administrator, or such other date permitted by applicable laws as the Administrator shall
determine. Dividend Equivalents may, at the discretion of the Administrator, be fully vested and nonforfeitable when granted or subject to such vesting conditions as determined by the Administrator; provided, that, unless the Administrator
shall determine otherwise in an Award Agreement, Dividend Equivalents with respect to Awards shall not be fully vested until the Awards have been earned and shall be forfeited if the related Award is forfeited. Dividend Equivalents shall be
evidenced in writing, whether as part of the Award Agreement governing the terms of the Award, if any, to which such Dividend Equivalent relates, or pursuant to a separate Award Agreement with respect to freestanding Dividend Equivalents, in each
case, containing such provisions not inconsistent with the Plan as the Administrator shall determine, including customary representations, warranties and covenants with respect to securities law matters. 

ARTICLE X 
 TERMINATION AND
FORFEITURE 
 Section 10.1 Termination for Cause; Post-Service Competitive Activity. Unless otherwise set forth in the Award
Agreement, if a Participant’s employment or service terminates for Cause or a Participant engages in Competitive Activity following the Participant’s termination of service, all Options and SARs, whether vested or unvested, and all other
Awards that are unvested or unexercisable or otherwise unpaid (or were unvested or unexercisable or unpaid at the time of occurrence of Cause or engagement in Competitive Activity) shall be immediately forfeited and canceled, effective as of the
date of the Participant’s termination of service or engagement in Competitive Activity. If the Participant engages in Competitive Activity following the Participant’s termination of service, any portion of the Participant’s Awards
that became vested after Participant’s termination of service, and any Shares or cash issued upon exercise or settlement of such Awards, shall be immediately forfeited, canceled, and disgorged or paid to the Company together with all gains
earned or accrued due to the sale of Shares issued upon exercise or settlement of such Awards. 
 Section 10.2 Termination of
Employment due to Death. Unless otherwise set forth in the Award Agreement, if a Participant’s employment or service terminates by reason of death: 

(a) All Options and SARs (whether or not then otherwise exercisable) shall become exercisable in full and the
Participant’s Eligible Representative may exercise all such Options and SARs at any time prior to the earlier of (i) the one-year anniversary of the Participant’s death or
(ii) the expiration of the term of the Options; provided that any in-the-money Options and SARs that are still outstanding on the last day of the time
period specified in this Section 10.2(a) shall automatically be exercised on such date; and 
 (b) All other Awards
shall immediately vest in full upon the Participant’s death, and Restricted Stock Units and Performance Awards that have not been settled or converted into Shares prior to the Participant’s death shall immediately be settled in Shares. Any
Performance Awards that vest as a result of this Section 10.2(b) shall vest and be paid based on target levels of performance. 

  
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 Section 10.3 Termination due to Disability. Unless otherwise set forth in the Award
Agreement, if a Participant’s employment or service terminates by reason of Disability, the Participant shall be treated for purposes of the treatment of the Participant’s Awards under this Section 10.3 as though the Participant
continued in the employ of the Company and all unvested Awards shall remain outstanding and vest, or in the case of Options and SARs, vest and become exercisable, in accordance with the terms set forth in the applicable Award Agreement. Any Options
or SARs granted to such Participant that are exercisable at the date of termination by reason of Disability or that thereafter become exercisable by reason of the operation of the immediately preceding sentence may be exercised at any time prior to
the earlier of (i) the fifth anniversary of the Participant’s termination for Disability or (ii) the expiration of the term of such Options or SARs. 

Section 10.4 Termination of Employment Due to a Qualifying Termination. Unless otherwise set forth in the Award Agreement, if a
Participant’s employment or service terminates by reason of a Qualifying Termination: 
 (a) Any Awards, including
Options and SARs, granted in the one-year period prior to the Participant’s Qualifying Termination shall be immediately forfeited and canceled, effective as of the date of the Participant’s
Qualifying Termination; and 
 (b) The Participant shall be treated for purposes of the treatment of the Participant’s
Awards under this Section 10.4 as though the Participant continued in the employ of the Company and all unvested Awards granted earlier than one year prior to the Participant’s Qualifying Termination shall remain outstanding and vest, or
in the case of Options and SARs, vest and become exercisable, in accordance with the terms set forth in the applicable Award Agreement. Any Performance Awards that remain outstanding in accordance with this Section 10.4(b) shall vest subject to
the attainment of the applicable Performance Goals in respect thereof. Any Options or SARs granted to such Participant which are exercisable at the date of his or her Qualifying Termination or that thereafter become exercisable by reason of the
operation of the immediately preceding sentence may be exercised at any time prior to the earlier of (i) the fifth anniversary of the Participant’s Qualifying Termination or (ii) the expiration of the term of such
Options or SARs. 
 Section 10.5 Involuntary Termination of Employment Without Cause. Unless otherwise set forth
in the Award Agreement, if a Participant’s employment or service is involuntarily terminated without Cause and such termination is not a Qualifying Termination: 

(a) All Options and SARs that are unvested shall be immediately forfeited and canceled, effective as of the date of the
Participant’s termination of service, and all Options and SARs that are vested shall remain outstanding and exercisable until the earlier of (i) 30 days after the effective date of the Participant’s termination under this
Section 10.5 or (ii) the expiration of the term of such Options or SARs; and 
 (b) All Awards of Restricted
Stock or Restricted Stock Units that are unvested shall be immediately forfeited and canceled, effective as of the date of the Participant’s termination of service; and 

(c) Provided that the Participant signs a Release and does not exercise any rights to revoke such Release, the Participant
shall retain a portion of any unvested Performance Awards granted earlier than one year prior to the Participant’s termination of service under this Section 10.5 equal to, for each grant of Performance Awards, the number of Performance
Shares or Performance Units specified in the Award Agreement multiplied by the quotient of (i) the number of full months elapsed between the grant date in respect of such Performance Awards and the effective date of the
Participant’s termination under this Section 10.5 over (ii) the total number of months in the Performance Cycle. Such retained Performance Awards will remain outstanding and vest subject to the attainment of the applicable
Performance Goals in respect thereof. Any Performance Awards that do not vest pursuant to this Section 10.5(c) shall be immediately forfeited and canceled, effective as of the date of the Participant’s termination of service. 

  
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 Section 10.6 Termination for Any Other Reason. Unless otherwise set forth in the
Award Agreement, if a Participant’s employment or service terminates for any reason other than Cause, without Cause, death, Disability or a Qualifying Termination, including a voluntary resignation: 

(a) All Options and SARs that are unvested shall be immediately forfeited and canceled, effective as of the date of the
Participant’s termination of service, and all Options and SARs that are vested shall remain outstanding and exercisable until the earlier of (i) 30 days after the effective date of the Participant’s termination under this
Section 10.6 or (ii) the expiration of the term of such Options or SARs; and 
 (b) All other Awards that
are unvested or have not otherwise been earned shall be immediately forfeited and canceled, effective as of the date of Participant’s termination of service. 

Section 10.7 Post-Termination Informational Requirements. Before the settlement of any Award following termination of employment
or service, the Administrator may require the Participant (or the Participant’s Eligible Representative, if applicable) to make such representations and provide such documents as the Administrator deems necessary or advisable to effect
compliance with applicable law and determine whether the provisions of Section 10.1 or Section 10.8 may apply to such Award. 

Section 10.8 Forfeiture of Awards. Awards granted under this Plan (and gains earned or accrued in connection with Awards) shall be
subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by
the Administrator or the Board from time to time. Any such policies may (in the discretion of the Administrator or the Board) be applied to outstanding Awards at the time of adoption of such policies, or on a prospective basis only. The Participant
shall also forfeit and disgorge to the Company any Awards granted or vested and any gains earned or accrued due to the exercise of Options or SARs or the sale of any Company Common Stock to the extent required by applicable law or as required by any
stock exchange or quotation system on which the Company Common Stock is listed or quoted, in each case in effect on or after the Effective Date, including but not limited to Section 304 of the Sarbanes-Oxley Act of 2002 and Section 10D of
the Exchange Act. For the avoidance of doubt, the Administrator shall have full authority to implement any policies and procedures necessary to comply with applicable law and/or the requirements of any stock exchange or quotation system on which the
Company Common Stock is listed or quoted. The implementation of policies and procedures pursuant to this Section 10.8 and any modification of the same shall not be subject to any restrictions on amendment or modification of Awards. 

Section 10.9 Clawbacks. Awards shall be subject to any generally applicable clawback policy adopted by the Administrator, the
Board or the Company that is communicated to the Participants or any such policy adopted to comply with applicable law. 
 ARTICLE XI 

CHANGE IN CONTROL 

Section 11.1 Alternative Award. Unless otherwise provided in an Award Agreement, and other than with respect to the Performance
Award Conversion, no cancellation, acceleration or other payment shall occur in connection with a Change in Control pursuant to Section 11.3 with respect to any Award or portion thereof as a result of the Change in Control if the Administrator
reasonably determines in good faith, prior to the occurrence of the Change in Control, that such Award shall be honored or assumed, or new rights substituted therefor following the Change in Control (such honored, assumed or substituted award, an
“Alternative Award”), provided that any Alternative Award must (i) give the Participant who held the Award rights and entitlements substantially equivalent to or better than the rights and terms applicable under
the Award immediately prior to the Change in Control, including an equal or better vesting schedule and that Alternative Awards that are stock options have identical or better methods of payment of the exercise price thereof and a post-termination
exercise period extending until at least the fifth anniversary of the Participant’s termination (or, if earlier, the expiration of the term of such stock options); (ii) have terms such 

  
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that if a Participant’s employment is involuntarily (i.e., by the Company or its successor other than for Cause) or constructively (i.e., by the Participant with Good Reason) terminated
within the twenty-four (24) months following a Change in Control at a time when any portion of the Alternative Award is unvested, the unvested portion of such Alternative Award shall immediately vest in full and such Participant shall receive
(as determined by the Board prior to the Change in Control) either (1) a cash payment equal in value to the excess (if any) of the fair market value of the stock subject to the Alternative Award at the date of exercise or settlement over
the price (if any) that such Participant would be required to pay to exercise such Alternative Award or (2) publicly-traded shares or equity interests equal in value (as determined by the Administrator) to the value in clause (1). 

Section 11.2 Performance Award Conversion. Unless otherwise provided in an Award Agreement, upon a Change in Control,
then-outstanding Performance Awards shall be modified to remove any Performance Goals applicable thereto and to substitute, in lieu of such Performance Goals, vesting solely based on the requirement of continued service through, as nearly as is
practicable, the date(s) on which the satisfaction of the Performance Goals would have been measured if the Change in Control had not occurred (or, if applicable, the later period of required service following such measurement date) (such Awards,
the “Alternative Performance Awards”), with such service-vesting of the Alternative Performance Awards to accelerate upon the termination of employment of the holder prior to such vesting date(s) thereof, if such termination of
employment satisfies the requirements of clause (ii) of Section 11.1 hereof. The number of Alternative Performance Awards shall be equal to (i) if less than 50% of the Performance Cycle has elapsed, the target number of
Performance Awards pro rated based on the elapsed period of time between the grant date and the date of the Change in Control, and (ii) if 50% or more of the Performance Cycle has elapsed, a number of Performance Awards based on actual
performance through the date of the Change in Control pro rated based on the elapsed period of time between the grant date and the date of the Change in Control (with the Administrator as constituted prior to the Change in Control making any
determinations necessary to determine the pro rata number of Alternative Performance Awards and the vesting date(s) thereof). The conversion of the Performance Awards into Alternative Performance Awards is referred to herein as the
“Performance Award Conversion”. Following the Performance Award Conversion, the Alternative Performance Awards shall either remain outstanding as Alternative Awards consistent with this Section 11.2 or shall be treated as
provided in Section 11.3. 
 Section 11.3 Accelerated Vesting and Payment. Except as otherwise provided in this Article XI
or in an Award Agreement, upon a Change in Control: 
 (a) each vested and unvested Option or SAR shall be canceled in
exchange for a payment equal to the excess, if any, of the Change in Control Price over the applicable Option Price or Base Price; 

(b) the vesting restrictions applicable to all other unvested Awards (other than (x) freestanding Dividend
Equivalents not granted in connection with another Award and (y) Performance Awards) shall lapse, all such Awards shall vest and become non-forfeitable and be canceled in exchange for a payment
equal to the Change in Control Price; 
 (c) the Alternative Performance Awards shall be canceled in exchange for a payment
equal to the Change in Control Price; 
 (d) all other Awards (other than freestanding Dividend Equivalents not granted in
connection with another Award) that were vested prior to the Change in Control but that have not been settled or converted into Shares prior to the Change in Control shall be canceled in exchange for a payment equal to the Change in Control Price;
and 
 (e) all freestanding Dividend Equivalents not granted in connection with another Award shall be cancelled without
payment therefor. 

  
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 To the extent any portion of the Change in Control Price is payable other than in cash and/or other than at the
time of the Change in Control, Award holders under the Plan shall receive the same value in respect of their Awards (less any applicable exercise price, Base Price or similar feature) as is received by the Company’s stockholders in respect of
their Company Common Stock (as determined by the Administrator), and the Administrator shall determine the extent to which such value shall be paid in cash, in securities or other property, or in a combination of cash and securities or other
property, consistent with applicable law. To the extent any portion of the Change in Control Price is payable other than at the time of the Change in Control, the Administrator shall determine the time and form of payment to the Award holders
consistent with Section 409A of the Code and other applicable laws. For avoidance of doubt, upon a Change in Control the Administrator may cancel Options and SARs for no consideration if the Fair Market Value of the Shares subject to such
Options or such SARs is less than or equal to the Option Price of such Options or the Base Price of such SARs. 
 Section 11.4 Pre-Change in Control Protection Period. Notwithstanding the terms of Article X to the contrary, if a Participant’s employment with the Company and its Subsidiaries is terminated without Cause or by the
Participant at the date of the Change of Control due to a change in the terms and conditions of the Participant’s employment that would give rise to a termination for Good Reason, in either case occurring within the ninety (90) day period
prior to a Change in Control, the Participant shall be deemed for purposes of the treatment of the Participant’s Awards under the provisions of this Article XI to have continued in employment with the Company and its Subsidiaries until the
Change in Control and had his or her employment terminated immediately following the Change in Control. 
 ARTICLE XII 

OTHER PROVISIONS 

Section 12.1 Awards Not Transferable. Except as otherwise determined by the Administrator, no Award or interest or right therein
or part thereof shall be liable for the debts, contracts or engagements of the Participant or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other
means whether such disposition be voluntary or involuntary or by operation of law, by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and
void and of no effect; provided, however, that nothing in this Section 12.1 shall prevent transfers by will, by the applicable laws of descent and distribution or pursuant to the beneficiary designation procedures approved by the
Company pursuant to Section 12.14 or, with the prior approval of the Company, estate planning transfers. 
 Section 12.2
Amendment, Suspension or Termination of the Plan or Award Agreements. 
 (a) The Plan may be wholly or partially amended or otherwise
modified, suspended or terminated at any time or from time to time by the Administrator; provided that without the approval by a majority of the shares entitled to vote at a duly constituted meeting of shareholders of the Company, no
amendment or modification to the Plan may (i) except as otherwise expressly provided in Section 4.3, increase the number of Shares subject to the Plan or the individual Award limitations specified in Section 4.2;
(ii) modify the class of persons eligible for participation in the Plan or (iii) materially modify the Plan in any other way that would require shareholder approval under applicable law. Except as otherwise expressly provided
in the Plan, neither the amendment, suspension or termination of the Plan shall, without the written consent of the holder of the Award, adversely alter or impair any rights or obligations under any Award theretofore granted. 

(b) The Administrator at any time, and from time to time, may amend the terms of any one or more existing Award Agreements, provided,
however, that the rights of a Participant under an Award Agreement shall not be adversely impaired without the Participant’s written consent. The Company shall provide a Participant with notice of any amendment made to a
Participant’s existing Award Agreement. 
 (c) No Award may be granted during any period of suspension nor after termination of the
Plan, and in no event may any Award be granted under this Plan after the expiration of ten (10) years from the Effective Date. 

  
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 Section 12.3 Effect of Plan upon Other Award and Compensation Plans. The adoption of
this Plan shall not affect any other compensation or incentive plans in effect for the Company or any of its Subsidiaries or Affiliates. Nothing in this Plan shall be construed to limit the right of the Company, any of its Affiliates or any of its
Subsidiaries (a) to establish any other forms of incentives or compensation for Service Providers or (b) to grant or assume options or restricted stock other than under this Plan in connection with any proper corporate
purpose, including, but not by way of limitation, the grant or assumption of options or restricted stock in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation,
firm or association. 
 Section 12.4 At-Will Employment. Nothing in the Plan or any
Award Agreement hereunder shall confer upon the Participant any right to continue as a Service Provider of the Company, any of its Affiliates or any of its Subsidiaries or shall interfere with or restrict in any way the rights of the Company, any of
its Affiliates and any of its Subsidiaries, which are hereby expressly reserved, to discharge any Participant at any time for any reason whatsoever, with or without Cause. 

Section 12.5 Titles. Titles are provided herein for convenience only and are not to serve as a basis for interpretation or
construction of the Plan. 
 Section 12.6 Conformity to Securities Laws. The Plan is intended to conform to the extent necessary
with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated under any of the foregoing, to the extent the Company, any of its Affiliates, any of its Subsidiaries or any Participant is subject to
the provisions thereof. Notwithstanding anything herein to the contrary, the Plan shall be administered, and Awards shall be granted and may be exercised, only in such a manner as to conform to such laws, rules and regulations. To the extent
permitted by applicable law, the Plan and Awards granted hereunder shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

Section 12.7 Term of Plan. The Plan shall become effective upon its date of adoption by the Administrator (the
“Effective Date”) and shall continue in effect, unless sooner terminated pursuant to Section 12.2, until the tenth (10th) anniversary of the Effective Date. The provisions of
the Plan shall continue thereafter to govern all outstanding Awards. 
 Section 12.8 Governing Law. To the extent not preempted
by federal law, the Plan shall be construed in accordance with and governed by the laws of the State of Delaware regardless of the application of rules of conflict of law that would apply the laws of any other jurisdiction. 

Section 12.9 Severability. In the event any portion of the Plan or any action taken pursuant thereto shall be held illegal or
invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provisions had not been included, and the illegal or invalid action
shall be null and void. 
 Section 12.10 Governing Documents. In the event of any express contradiction between the Plan and any
Award Agreement or any other written agreement between a Participant and the Company, any Affiliate or any Subsidiary of the Company that has been approved by the Administrator, the express terms of the Plan shall govern, unless it is expressly
specified in such Award Agreement or other written document that such express provision of the Plan shall not apply. 
 Section 12.11
Withholding Taxes. In addition to any rights or obligations with respect to Withholding Taxes under the Plan or any applicable Award Agreement, the Company, any Affiliate or any Subsidiary employing a Service Provider shall have the right to
withhold from the Service Provider, or otherwise require the Service Provider or an assignee to pay, any Withholding Taxes arising as a result of grant, exercise, vesting or settlement of any Award or any other taxable event occurring pursuant to
the Plan or any Award Agreement, including, without limitation, to the extent permitted by law, the right to deduct any such Withholding Taxes from any payment of any kind otherwise due to the Service Provider or to take such other actions
(including, without limitation, withholding any Shares or cash deliverable pursuant to the Plan or any Award) as may be necessary to satisfy such Withholding Taxes. 

  
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 Section 12.12 Section 409A. To the extent applicable, the Plan and Award Agreements
shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued
after the adoption of the Plan. Notwithstanding any provision of the Plan to the contrary, in the event that following the adoption of the Plan, the Administrator determines that any Award may be subject to Section 409A of the Code and related
regulations and Department of Treasury guidance (including such Department of Treasury guidance as may be issued after the adoption of the Plan), the Administrator may adopt such amendments to the Plan and the applicable Award Agreement or adopt
other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Administrator determines are necessary or appropriate to (a) exempt the Award from
Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the Award, (b) comply with the requirements of Section 409A of the Code and related Department of Treasury guidance or
(c) comply with any correction procedures available with respect to Section 409A of the Code. Notwithstanding anything else contained in this Plan or any Award Agreement to the contrary, if a Service Provider is a “specified
employee” as determined pursuant to Section 409A under any Company Specified Employee policy in effect at the time of the Service Provider’s “separation from service” (as determined under Section 409A) or, if no such
policy is in effect, as defined in Section 409A of the Code), then, to the extent necessary to comply with, and avoid imposition on such Service Provider of any tax penalty imposed under, Section 409A of the Code, any payment required to
be made to a Service Provider hereunder upon or following his or her separation from service shall be delayed until the first to occur of (i) the six-month anniversary of the Service
Provider’s separation from service and (ii) the Service Provider’s death. Should payments be delayed in accordance with the preceding sentence, the accumulated payment that would have been made but for the period of the delay
shall be paid in a single lump sum during the ten (10) day period following the lapsing of the delay period. No provision of this Plan or an Award Agreement shall be construed to indemnify any Service Provider for any taxes incurred by reason
of Section 409A (or timing of incurrence thereof), other than an express indemnification provision therefor. 
 Section 12.13
Notices. Except as provided otherwise in an Award Agreement, all notices and other communications required or permitted to be given under this Plan or any Award Agreement shall be in writing and shall be deemed to have been given if delivered
personally, sent by email or any other form of electronic transfer approved by the Administrator, sent by certified or express mail, return receipt requested, postage prepaid, or by any recognized international equivalent of such delivery,
(i) in the case of notices and communications to the Company, to its current business address and to the attention of the Corporate Secretary of the Company or (ii) in the case of a Participant, to the last known address, or
email address or, where the individual is an employee of the Company or one of its Subsidiaries, to the individual’s workplace address or email address or by other means of electronic transfer acceptable to the Administrator. All such notices
and communications shall be deemed to have been received on the date of delivery, if sent by email or any other form of electronic transfer, at the time of dispatch or on the third business day after the mailing thereof. 

Section 12.14 Beneficiary Designation. Each Participant under the Plan may from time to time pursuant to procedures approved by
the Company name any beneficiary or beneficiaries by whom any right under the Plan is to be exercised in case of such Participant’s death. 

*    *    *    *    *    *   
 * 

  
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