Document:

psuagreement2022-3yrvest

US EMPLOYEE – 3-Year Vesting    1  PERFORMANCE STOCK UNIT AGREEMENT  AGREEMENT by and between KBR, Inc., a Delaware corporation (the  “Company”), and ________________ (“Employee”) made effective as of  ____________________ (the “Grant Date”).  1. Grant of Performance Stock Units.  (a) Units.  Pursuant to the Amended and Restated KBR, Inc. 2006 Stock  and Incentive Plan, as amended and restated (the “Plan”), units evidencing the right to  receive __________ shares of the Company’s common stock (“Stock”), are awarded to  Employee, subject to the conditions of the Plan and this Agreement (the “Performance  Stock Units”).  (b) Plan Incorporated.  Employee acknowledges receipt of a copy of the  Plan, and agrees that this award of Performance Stock Units shall be subject to all of the terms  and conditions set forth in the Plan, including future amendments thereto, if any, pursuant to  the terms thereof, which is incorporated herein by reference as a part of this Agreement.   Except as defined herein, capitalized terms shall have the same meanings ascribed to them  under the Plan.  2. Terms of Performance Stock Units.  Employee hereby accepts the  Performance Stock Units and agrees with respect thereto as follows:  (a) Forfeiture of Performance Stock Units.  In the event of termination  of Employee’s employment with the Company or any employing Subsidiary of the  Company for any reason other than (i) death or (ii) disability (disability being defined as  being physically or mentally incapable of performing either the Employee’s usual duties  as an Employee or any other duties as an Employee that the Company reasonably makes  available and such condition is likely to remain continuously and permanently, as  determined by the Company or employing Subsidiary),  or except as otherwise provided in  the second and third sentences of subparagraph (c) of this Paragraph 2, or if the Employee  breaches any of the covenants set forth in Paragraph 10, Employee shall, for no  consideration, forfeit all Performance Stock Units to the extent they are not fully vested.   In addition, except as otherwise provided in the second and third sentences of subparagraph  (c) of this Paragraph 2, Employee shall, for no consideration, forfeit all of the Performance  Stock Units on December 31, 2022, if the Committee that administers the Plan (the  “Committee”) determines, in its sole discretion, that calendar year 2022 was not a  successful year for the Company.  Any such determination by the Committee shall be made  on or before the first anniversary of the Grant Date.  (b) Assignment of Award.  The Performance Stock Units may not be  sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or  disposed of unless transferable by will or the laws of descent and distribution or pursuant  to a “qualified domestic relations order” as defined by the U.S. Internal Revenue Code (the  “Code”).  

 

US EMPLOYEE – 3-Year Vesting    2  (c) Vesting Schedule.  The Performance Stock Units shall vest in  accordance with the following schedule provided that Employee has been continuously  employed by the Company from the date of this Agreement through the applicable vesting  date and such Performance Stock Units have not been forfeited pursuant to the last two  sentences of subparagraph (a) of this Paragraph 2:  Vesting Date Vested Percentage of Total Number  of Performance Stock Units  1st Anniversary of Grant Date 33 1⁄3%  2nd Anniversary of Grant Date 66 2⁄3%  3rd Anniversary of Grant Date 100%    Notwithstanding the foregoing, unless otherwise provided in an Other Agreement pursuant  to Paragraph 8, the Performance Stock Units shall become fully vested on the earliest of  (i) the occurrence of Employee’s Involuntary Termination or termination for Good Reason  within two years following a Corporate Change (as such terms are defined in the Plan) or  (ii) the date Employee’s employment with the Company is terminated by reason of death  or disability (as determined above); provided, however, that if the Performance Stock Units  have been forfeited pursuant to the last two sentences of subparagraph (a) of this Paragraph  2 prior to the date of the occurrence of an event described in clause (i) or (ii) of this  sentence, then the Performance Stock Units shall remain forfeited and shall not vest upon  the occurrence of any such event.  In the event Employee’s employment is terminated for  any other reason, including retirement with the approval of (A) the Committee if Employee  is a “senior executive of the Company” (as defined below) or (B) the Company’s Chief  Executive Officer (the “CEO) if Employee is not a senior executive of the Company, the  Committee (or its delegate, as appropriate) or, in the event of retirement of an Employee  who is not a senior executive of the Company, the CEO, as applicable, may, in the  Committee’s (or such delegate’s) or the CEO’s, as applicable, sole discretion, approve the  acceleration of the vesting of any or all Performance Stock Units that have not yet been  forfeited and which are still outstanding and subject to restrictions, such vesting  acceleration to be effective on the date of such approval or Employee’s termination date,  if later.  Notwithstanding the foregoing, in no event shall the Performance Stock Units  become fully vested prior to the expiration of one month from the Grant Date. “Senior  executive” for purposes of this Agreement shall mean (i) the CEO and (ii) any regular, full- time employee of the Company or an affiliate who (A) is an officer of the Company  required to file reports with the Securities and Exchange Commission under Section 16 of  the Securities Exchange Act of 1934, (B) is an officer of the Company who reports directly  to the CEO, (C) is the Chief Accounting Officer of the Company, or (D) is the highest  ranking management position (with at least a title of Director or above) with direct  oversight over internal audits of the Company.    (d) Stockholder Rights.  Employee shall have no rights of a stockholder  with respect to shares of Stock subject to this Award unless and until such time as the  Award has been settled by the transfer of shares of Stock to Employee, except that  Employee shall have the right to receive payments equal to the dividends or distributions  declared or paid on a share of Stock at the same time as those dividends or distributions  

 

US EMPLOYEE – 3-Year Vesting    3  are paid to holders of Stock.  Notwithstanding the previous sentence, Employee shall  accrue dividends or distributions declared or paid on a share of Stock at the same time as  those dividends or distributions are paid to holders of Stock, but shall not have the right to  receive such payments or distributions until such shares of Stock have satisfied the  performance objective described in the last two sentences of subparagraph (a) of this  Paragraph 2 (in which case, any such accrued dividends or distributions with respect to  such shares shall be paid within 30 days after the date such performance objective has been  satisfied).  If such shares do not satisfy such performance objective and are forfeited, the  accrued dividends or distributions with respect to such shares shall also be forfeited.  (e) Payment for Vested Performance Stock Units.  Payment for vested  Performance Stock Units shall be made as soon as administratively practicable after  vesting, but in no event later than thirty days after the vesting date.  Settlement will be  made in the form of shares of Stock equal in number to the number of Performance Stock  Units with respect to which payment is being made on the applicable date; provided,  however, that payment for a vested Performance Stock Unit shall be made at the time  provided above solely in cash (in lieu of in the form of a share of Stock) in an amount equal  to the Fair Market Value as of the vesting date of such Performance Stock Unit if there are  an insufficient number of shares available for delivery under the Plan at the time of such  settlement as determined by the Committee or its delegate in the Committee’s or such  delegate’s sole discretion.  Notwithstanding the foregoing, the Company shall not be  obligated to deliver any shares of Stock if counsel to the Company determines that such  sale or delivery would violate any applicable law or any rule or regulation of any  governmental authority or any rule or regulation of, or agreement of the Company with,  any securities exchange or association upon which the Stock is listed or quoted.  (f) Recovery of Benefits.  The Company shall seek recovery of any  benefits provided hereunder to Employee if such recovery is required by any clawback  policy adopted by the Company, which may be amended from time to time, including, but  not limited to, any clawback policy adopted to satisfy the minimum clawback requirements  adopted under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010  and the regulations thereunder or any other applicable law.  3. Withholding of Tax.  The Committee may make such provisions as it may  deem appropriate for the withholding of any taxes which it determines is required in connection with  this Award.  Unless the Committee provides otherwise, to the extent this Award is settled in shares of  Stock, the Company shall reduce the number of shares of Stock that would have otherwise been  delivered to Employee by a number of shares of Stock having a Fair Market Value equal to the amount  required to be withheld.  4. Employment Relationship.  For purposes of this Agreement, Employee shall  be considered to be in the employment of the Company as long as Employee remains an employee of  the Company, a Parent Corporation or Subsidiary of the Company, or a corporation or a Parent  Corporation or subsidiary of such corporation assuming or substituting a new award for this Award.   Without limiting the scope of the preceding sentence, it is expressly provided that Employee shall be  considered to have terminated employment with the Company at the time of the termination of the  “Subsidiary” status under the Plan of the entity or other organization that employs Employee.  Any  

 

US EMPLOYEE – 3-Year Vesting    4  question as to whether and when there has been a termination of such employment, and the cause of  such termination, shall be determined by the Committee, or its delegate, as appropriate, and its  determination shall be final.  5. Committee’s Powers.  No provision contained in this Agreement shall in any  way terminate, modify or alter, or be construed or interpreted as terminating, modifying or altering  any of the powers, rights or authority vested in the Committee or, to the extent delegated, in its  delegate pursuant to the terms of the Plan or resolutions adopted in furtherance of the Plan, including,  without limitation, the right to make certain determinations and elections with respect to the  Performance Stock Units.  6. Binding Effect.  This Agreement shall be binding upon and inure to the  benefit of any successors to the Company and all persons lawfully claiming under Employee.  7. Compliance with Law.  Notwithstanding any other provision of the Plan or  this Agreement, unless there is an available exemption from any registration, qualification or other  legal requirement applicable to the shares of Stock, the Company shall not be required to deliver any  shares issuable upon settlement of the Performance Stock Units prior to the completion of any  registration or qualification of the shares under any local, state, federal or foreign securities or  exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission  (“SEC”) or of any other governmental regulatory body, or prior to obtaining any approval or other  clearance from any local, state, federal or foreign governmental agency, which registration,  qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable.   Employee understands that the Company is under no obligation to register or qualify the shares with  the SEC or any state or foreign securities commission or to seek approval or clearance from any  governmental authority for the issuance or sale of the shares.  Further, Employee agrees that the  Company shall have unilateral authority to amend the Plan and the Agreement without Employee's  consent to the extent necessary to comply with securities or other laws applicable to issuance of  shares.  8. Other Agreements.  The terms of this Agreement shall be subject to, and shall  not modify, the terms and conditions of any employment, severance, and/or change-in-control  agreement between the Company (or a Subsidiary) and Employee concerning equity-based awards  (“Other Agreement”), except that, notwithstanding anything in such Other Agreement to the contrary,  any normal retirement age of 65 or other retirement-based vesting provisions in such Other  Agreement shall be of no force or effect for purposes of the vesting of these Performance Stock Units.  9. Governing Law and Venue.  This Agreement shall be governed by, and  construed in accordance with, the laws of the State of Texas, U.S.A., except to the extent that it  implicates matters that are the subject of the General Corporation Law of the State of Delaware, which  matters shall be governed by the latter law notwithstanding any conflicts of laws principles that may  be applied or invoked directing the application of the laws of another jurisdiction.  Exclusive venue  for any action, lawsuit or other proceedings brought to enforce this Agreement, relating to it or arising  from it, or dispute resolution proceeding arising hereunder for any claim or dispute, the parties hereby  submit to and consent to the sole and exclusive jurisdiction of Houston, Harris County, Texas,  notwithstanding any conflicts of laws principles that may direct the jurisdiction of any other court,  venue, or forum, including the jurisdiction of Employee’s home country.  

 

US EMPLOYEE – 3-Year Vesting    5  10. Non-Competition; Non-Solicitation; Non-Disclosure.  (a) Following the date Employee enters into this Agreement, the  Company and/or its Subsidiary(ies) shall provide Employee access to Confidential  Information (as defined below).  Such Confidential Information shall be for use only during  Employee’s employment with the Company, and as an express incentive for the Company  to enter into this Agreement and to grant to Employee the Performance Stock Units (which  grant, Employee acknowledges, shall further align Employee’s interests with the long-term  business interests of the Company and its Subsidiaries) and provide Employee with  Confidential Information, Employee has voluntarily agreed to the covenants set forth in  this Paragraph 10.  Employee agrees and acknowledges that the limitations and restrictions  set forth herein, including geographical and temporal restrictions on certain competitive  activities, are reasonable in all respects, do not interfere with public interests, will not cause  Employee undue hardship, and are material and substantial parts of this Agreement  intended and necessary to prevent unfair competition and to protect the Company’s and its  Subsidiaries’ trade secrets and other Confidential Information, goodwill and legitimate  business interests.  (b) During the Prohibited Period (as defined below), Employee shall  not, without the prior written approval of the Company, directly or indirectly, for Employee  or on behalf of or in conjunction with any other person or entity of any nature:  (i) engage in or participate within the Market Area (as defined  below) in competition with the Company or any of its Subsidiaries in any aspect of  the Business (as defined below), which prohibition shall prevent Employee from  directly or indirectly: (A) owning, managing, operating, or being an officer or  director of, any business that competes with the Company or any of its Subsidiaries  in the Market Area, or (B) joining, becoming an employee or consultant of, or  otherwise being affiliated with, any person or entity engaged in, or planning to  engage in, the Business in the Market Area in competition, or anticipated  competition, with the Company or any of its Subsidiaries in any capacity (with  respect to this clause (B)) in which Employee’s duties or responsibilities are the  same as or similar to the duties or responsibilities that Employee had on behalf of  the Company or any of its Subsidiaries, or involve direct or indirect oversight over  such duties or responsibilities;  (ii) appropriate any Business Opportunity of, or relating to, the  Company or any of its Subsidiaries located in the Market Area;  (iii) solicit, canvass, approach, encourage, entice or induce any  customer or supplier of the Company or any of its Subsidiaries for whom or which  Employee had responsibility in the final 12 months prior to the termination of  Employee’s employment with the Company to cease or lessen such customer’s or  supplier’s business with the Company or any of its Subsidiaries; or  

 

US EMPLOYEE – 3-Year Vesting    6  (iv) solicit, canvass, approach, encourage, entice or induce any  employee or contractor of the Company or any of its Subsidiaries to terminate his,  her or its employment or engagement with the Company or any of its Subsidiaries.  (c) Notwithstanding any other provision of this Agreement:   (i) the covenants set forth in this Paragraph 10 shall not apply  to restrict any of Employee’s activities within the State of California, including if  Employee is a California resident; and  (ii) if prohibited by any applicable law regarding non- competition restrictions in Washington, D.C., the covenants set forth in Paragraphs  10(b)(i) and 10(b)(ii) shall not apply with respect to any activities conducted within  (including individuals’ performance of work in) Washington, D.C.;  provided, however, for the avoidance of doubt, the foregoing exceptions under this  Paragraph 10(c) shall not limit any other obligations that Employee owes to the Company  or any of its Subsidiaries under any other agreements or applicable laws, including (without  limitation) with respect to the protection of Confidential Information.  (d) If Employee is an attorney at law or licensed lawyer in any  jurisdiction, none of the restrictions set forth in this Paragraph 10 shall be interpreted or  applied in a manner to prevent or restrict Employee from practicing law, as it is the intent  of this Paragraph 10 to create certain limitations on Employee’s business activities only,  and not to create limitations that would restrict Employee from practicing law.  If Employee  is an attorney at law or licensed to practice law, Employee acknowledges and agrees that,  both during Employee’s employment with the Company and thereafter, Employee shall be  bound by all ethical and professional obligations (including those with respect to conflicts  of interest and confidentiality) that may arise from Employee’s provision of legal services  to, and acting as legal counsel for, the Company and (as applicable) its Subsidiaries.  (e) Employee agrees, both during and after Employee’s employment  with the Company, not to use or disclose any Confidential Information other than for the  benefit of the Company or its Subsidiaries in the course of Employee’s duties for the  Company or its applicable Subsidiary.  All trade secrets, non-public information, designs,  ideas, concepts, improvements, product developments, discoveries and inventions, whether  patentable or not, that are conceived, made, developed or acquired by or disclosed to  Employee, individually or in conjunction with others, in connection with Employee’s  employment with the Company or otherwise during the time that Employee is or has been  employed or engaged by the Company or any of its Subsidiaries (whether during business  hours or otherwise and whether on the Company’s or its Subsidiaries’ premises or  otherwise), that relate to the Companies’ or its Subsidiaries’ businesses or properties,  products or services (including all such information relating to corporate opportunities,  operations, future plans, methods of doing business, business plans, formulas, strategies  for developing business and market share, research, financial and sales data, pricing terms,  evaluations, opinions, interpretations, acquisition prospects, the identity of customers or  their requirements, research and development information, the identity of key contacts  

 

US EMPLOYEE – 3-Year Vesting    7  within customers’ organizations or within the organization of acquisition prospects, or  marketing and merchandising techniques, prospective names and marks) is defined as  “Confidential Information”.  For purposes of this Agreement, Confidential Information  shall not include any information that (i) is or becomes generally available to the public  other than as a result of a disclosure or wrongful act of Employee or Employee’s agents;  (ii) was available to Employee on a non-confidential basis before its disclosure by the  Company or any of its Subsidiaries; or (iii) becomes available to Employee on a non- confidential basis from a source other than the Company or any of its Subsidiaries;  provided, that such source is not bound by a confidentiality agreement with, or other  obligation with respect to confidentiality to, the Company or any of its Subsidiaries.  (f) Notwithstanding the foregoing Paragraph 10(e), nothing in this  Agreement shall prohibit or restrict Employee from lawfully (i) initiating communications  directly with, cooperating with, providing information to, causing information to be  provided to, or otherwise assisting in an investigation by, any governmental authority (in  each instance regarding a possible violation of any law); (ii) responding to any inquiry or  legal process directed to Employee from any such governmental authority; (iii) testifying,  participating or otherwise assisting in an action or proceeding by any such governmental  authority relating to a possible violation of law or (iv) making any other disclosures that  are protected under the whistleblower provisions of any applicable law. Additionally,  pursuant to the federal Defend Trade Secrets Act of 2016, Employee shall not be held  criminally or civilly liable under any federal or state trade secret law for the disclosure of  a trade secret that: (x) is made (A) in confidence to a federal, state or local government  official, either directly or indirectly, or to an attorney and (B) solely for the purpose of  reporting or investigating a suspected violation of law; (y) is made to Employee’s attorney  in relation to a lawsuit for retaliation against Employee for reporting a suspected violation  of law or (z) is made in a complaint or other document filed in a lawsuit or other  proceeding, if such filing is made under seal.  Nothing in this Agreement requires  Employee to obtain prior authorization before engaging in any conduct described in this  paragraph, or to notify the Company or any of its Subsidiaries that Employee has engaged  in any such conduct.  (g) Because of the difficulty of measuring economic losses to the  Company and its Subsidiaries as a result of a breach or threatened breach of the covenants  set forth in this Paragraph 10, and because of the immediate and irreparable damage that  would be caused to the Company and its Subsidiaries for which they would have no other  adequate remedy, the Company and each of its Subsidiaries shall be entitled to enforce the  foregoing covenants, in the event of a breach or threatened breach, by injunctions and  restraining orders from any court of competent jurisdiction, without the necessity of  showing any actual damages or that money damages would not afford an adequate remedy,  and without the necessity of posting any bond or other security.  The aforementioned  equitable relief shall not be the Company’s or its Subsidiaries’ exclusive remedy for a  breach but instead shall be in addition to all other rights and remedies available to the  Company and each of its Subsidiaries at law and equity.  

 

US EMPLOYEE – 3-Year Vesting    8  (h) The covenants in this Paragraph 10, and each provision and portion  hereof, are severable and separate, and the unenforceability of any specific covenant (or  portion thereof) shall not affect the provisions of any other covenant (or portion thereof).   Moreover, in the event any arbitrator or court of competent jurisdiction shall determine that  the scope, time or territorial restrictions set forth are unreasonable, then it is the intention  of the parties that such restrictions be enforced to the fullest extent which such arbitrator  or court deems reasonable, and this Agreement shall thereby be reformed.  (i) The following terms shall have the following meanings:  (i) “Business” shall mean the business and operations that are  the same or similar to those performed by the Company and any of its Subsidiaries  for which Employee provides services or about which Employee obtains  Confidential Information during Employee’s employment with the Company.  (ii) “Business Opportunity” shall mean any commercial,  investment or other business opportunity relating to the Business.   (iii) “Market Area” shall mean: (i) during that portion of the  Prohibited Period that exists during which Employee is employed by the Company,  any geographic area or market where Employee provides, or has provided, services  to the Company or any of its Subsidiaries; and (ii) during that portion of the  Prohibited Period that exists following the date that Employee is no longer  employed by the Company, any geographic area or market where Employee  provided services to the Company or any of its Subsidiaries as of the date Employee  is no longer employed by the Company or during the 12 months prior to such date.  (iv) “Prohibited Period” shall mean the period during which  Employee is employed by the Company and continuing for a period of 12 months  following the date that Employee is no longer employed by the Company; provided,  however, with respect to a termination of employment with the Company on or  after the date upon which a Corporate Change occurs, the Prohibited Period shall  end on the date of such termination of employment with respect to the obligations  under Paragraphs 10(b)(i) and 10(b)(ii).  11. Section 409A.  Notwithstanding anything in this Agreement to the contrary,  if any provision in this Agreement would result in the imposition of an applicable tax under Section  409A of the Code and related regulations and United States Department of the Treasury  pronouncements (“Section 409A”), that provision will be reformed to avoid imposition of the  applicable tax and no action taken to comply with Section 409A shall be deemed to adversely affect  Employee’s rights under this Agreement.  [Signatures on the following page.]     

 

US EMPLOYEE – 3-Year Vesting    9  IN WITNESS WHEREOF, the Company has caused this Agreement to be duly  executed by an officer thereunto duly authorized, and Employee has executed this Agreement, all  as of the date first above written.    KBR, INC.      By:     Name: Stuart J. B. Bradie   Title: President and CEO       EMPLOYEE:           Date:psuagreement2022-3yrv20b

INTERNATIONAL EMPLOYEE – 3-Year Vesting    1  PERFORMANCE STOCK UNIT AGREEMENT  AGREEMENT by and between KBR, Inc., a Delaware corporation (the  “Company”), and ________________ (“Employee”) made effective as of  ____________________ (the “Grant Date”).  1. Grant of Performance Stock Units.  (a) Units.  Pursuant to the Amended and Restated KBR, Inc. 2006 Stock  and Incentive Plan, as amended and restated (the “Plan”), units evidencing the right to  receive __________ shares of the Company’s common stock (“Stock”), are awarded to  Employee, subject to the conditions of the Plan and this Agreement (the “Performance  Stock Units”).  (b) Plan Incorporated.  Employee acknowledges receipt of a copy of the  Plan, and agrees that this award of Performance Stock Units shall be subject to all of the terms  and conditions set forth in the Plan, including future amendments thereto, if any, pursuant to  the terms thereof, which is incorporated herein by reference as a part of this Agreement.   Except as defined herein, capitalized terms shall have the same meanings ascribed to them  under the Plan.  2. Terms of Performance Stock Units.  Employee hereby accepts the  Performance Stock Units and agrees with respect thereto as follows:  (a) Forfeiture of Performance Stock Units.  In the event of termination  of Employee’s employment with the Company or any employing Subsidiary of the  Company for any reason other than (i) death or (ii) disability (disability being defined as  being physically or mentally incapable of performing either the Employee’s usual duties  as an Employee or any other duties as an Employee that the Company or employing  Subsidiary reasonably makes available and such condition is likely to remain continuously  and permanently, as determined by the Company or employing Subsidiary), or except as  otherwise provided in the second and third sentences of subparagraph (c) of this Paragraph  2, or if the Employee breaches any of the covenants set forth in Paragraph 10, Employee  shall, for no consideration, forfeit all Performance Stock Units to the extent they are not  fully vested.  In addition, except as otherwise provided in the second and third sentences  of subparagraph (c) of this Paragraph 2, Employee shall, for no consideration, forfeit all of  the Performance Stock Units on December 31, 2022, if the Committee that administers the  Plan (the “Committee”) determines, in its sole discretion, that calendar year 2022 was not  a successful year for the Company.  Any such determination by the Committee shall be  made on or before the first anniversary of the Grant Date.  (b) Assignment of Award.  The Performance Stock Units may not be  sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or  disposed of unless transferable by will or the laws of descent and distribution or, if  Employee is exclusively subject to the laws of the United States, pursuant to a “qualified  domestic relations order” as defined by the U.S. Internal Revenue Code (the “Code”).  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    2  (c) Vesting Schedule.  The Performance Stock Units shall vest in  accordance with the following schedule provided that Employee has been continuously  employed by the Company from the date of this Agreement through the applicable vesting  date and such Performance Stock Units have not been forfeited pursuant to the last two  sentences of subparagraph (a) of this Paragraph 2:  Vesting Date Vested Percentage of Total Number  of Performance Stock Units  1st Anniversary of Grant Date 33 1⁄3%  2nd Anniversary of Grant Date 66 2⁄3%  3rd Anniversary of Grant Date 100%    Notwithstanding the foregoing, unless otherwise provided in an Other Agreement pursuant  to Paragraph 12, the Performance Stock Units shall become fully vested on the earliest of  (i) the occurrence of Employee’s Involuntary Termination or termination for Good Reason  within two years following a Corporate Change (as such terms are defined in the Plan) or  (ii) the date Employee’s employment with the Company is terminated by reason of death  or disability (as determined above); provided, however, that if the Performance Stock Units  have been forfeited pursuant to the last two sentences of subparagraph (a) of this Paragraph  2 prior to the date of the occurrence of an event described in clause (i) or (ii) of this  sentence, then the Performance Stock Units shall remain forfeited and shall not vest upon  the occurrence of any such event.  In the event Employee’s employment is terminated for  any other reason, including retirement with the approval of (A) the Committee if Employee  is a “senior executive of the Company” (as defined below) or (B) the Company’s Chief  Executive Officer (the “CEO”) if Employee is not a senior executive of the Company, the  Committee (or its delegate, as appropriate) or, in the event of retirement of an Employee  who is not a senior executive of the Company, the CEO, as applicable, may, in the  Committee’s (or such delegate’s) or the CEO’s, as applicable, sole discretion, approve the  acceleration of the vesting of any or all Performance Stock Units that have not yet been  forfeited and which are still outstanding and subject to restrictions, with such vesting  acceleration to be effective on the date of such approval or Employee’s termination date,  if later.  Notwithstanding the foregoing, in no event shall the Performance Stock Units  become fully vested prior to the expiration of one month from the Grant Date.  “Senior  executive” for purposes of this Agreement shall mean (i) the CEO and (ii) any regular, full- time employee of the Company or an affiliate who (A) is an officer of the Company  required to file reports with the Securities and Exchange Commission under Section 16 of  the Securities Exchange Act of 1934, (B) is an officer of the Company who reports directly  to the CEO, (C) is the Chief Accounting Officer of the Company, or (D) is the highest  ranking management position (with at least a title of Director or above) with direct  oversight over internal audits of the Company.    (d) Stockholder Rights.  Employee shall have no rights of a stockholder  with respect to shares of Stock subject to this Award unless and until such time as the  Award has been settled by the transfer of shares of Stock to Employee.  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    3  (e) Payment for Vested Performance Stock Units.  Payment for vested  Performance Stock Units shall be made as soon as administratively practicable after  vesting, but in no event later than thirty days after the vesting date.  Settlement will be  made in the form of shares of Stock equal in number to the number of Performance Stock  Units with respect to which payment is being made on the applicable date; provided,  however, that payment for a vested Performance Stock Unit shall be made at the time  provided above solely in cash (in lieu of in the form of a share of Stock) in an amount equal  to the Fair Market Value as of the vesting date of such Performance Stock Unit if there are  an insufficient number of shares available for delivery under the Plan at the time of such  settlement as determined by the Committee or its delegate in the Committee’s or such  delegate’s sole discretion.  Notwithstanding the foregoing, the Company shall not be  obligated to deliver any shares of Stock if counsel to the Company determines that such  sale or delivery would violate any applicable law or any rule or regulation of any  governmental authority or any rule or regulation of, or agreement of the Company with,  any securities exchange or association upon which the Stock is listed or quoted.  (f) Recovery of Benefits.  The Company shall seek recovery of any  benefits provided hereunder to Employee if such recovery is required by any clawback  policy adopted by the Company, which may be amended from time to time, including, but  not limited to, any clawback policy adopted to satisfy the minimum clawback requirements  adopted under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010  and the regulations thereunder or any other applicable law.  3. Responsibility for Taxes.  Employee acknowledges that, regardless of any  action taken by the Company, or if different, Employee’s employer (“Employer”), the ultimate  liability for all income tax, social insurance, payroll tax, fringe benefits tax, payment on account or  other tax-related items related to Employee’s participation in the Plan and legally applicable to  Employee (“Tax-Related Items”), is and remains Employee’s responsibility and may exceed the  amount actually withheld by the Company and/or the Employer.  Employee further acknowledges  that the Company and/or the Employer (i) make no representations or undertakings regarding the  treatment of any Tax-Related Items in connection with any aspect of the Performance Stock Units,  including but not limited to, the grant, vesting or settlement of the Performance Stock Units, the  subsequent sale of Stock acquired pursuant to such settlement and the receipt of any dividends; and  (ii) do not commit to and are under no obligation to structure the terms of the grant or any aspect of  the Performance Stock Units to reduce or eliminate the Employee’s liability for Tax-Related Items or  achieve any particular tax result.  Further, if Employee is subject to Tax-Related Items in more than  one jurisdiction, Employee acknowledges that the Company and/or the Employer (or former  employer, as applicable) may be required to withhold or account for Tax-Related Items in more than  one jurisdiction.  Prior to any relevant taxable or tax withholding event, as applicable, Employee  agrees to pay or make adequate arrangements satisfactory to the Company and/or the Employer to  satisfy all Tax-Related Items.  In this regard, Employee authorizes the Company and/or the  Employer, or their respective agents, at their discretion, to satisfy any applicable withholding  obligations with regard to all Tax-Related Items by one or a combination of the following:  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    4  (a) withholding from Employee’s wages or other cash compensation  paid to Employee by the Company and/or the Employer; or  (b) withholding from proceeds of the sale of shares of Stock acquired  upon settlement of the Performance Stock Units either through a voluntary sale or through  a mandatory sale arranged by the Company (on Employee’s behalf pursuant to this  authorization without further consent); or  (c) withholding in shares of Stock to be issued upon settlement of the  Performance Stock Units.  Depending on the withholding method, the Company may withhold or account for  Tax-Related Items by considering applicable minimum statutory withholding amounts or other  applicable withholding rates, including maximum applicable rates, in which case Employee may  receive a refund of any over-withheld amount in cash and will have no entitlement to the Stock  equivalent.  If the obligation for Tax-Related Items is satisfied by withholding in Stock, for tax  purposes, Employee is deemed to have been issued the full number of shares of Stock subject to  the vested Performance Stock Units, notwithstanding that a number of the shares of Stock are held  back solely for the purpose of paying the Tax-Related Items.  Employee agrees to pay to the Company or the Employer, including through  withholding from Employee's wages or other cash compensation paid to Employee by the  Company and/or the Employer, any amount of Tax-Related Items that the Company or the  Employer may be required to withhold or account for as a result of Employee’s participation in  the Plan that cannot be satisfied by the means previously described.  The Company may refuse to  issue or deliver the Stock or the proceeds of the sale of Stock, if Employee fails to comply with  Employee’s obligations in connection with the Tax-Related Items.  Notwithstanding the preceding provisions of this Paragraph 3, Employee’s liability  with respect to Tax-Related Items shall be subject to any international tax assignment agreement  then in effect between Employee and the Company, the Employer or any of their respective  affiliates or any tax policies or procedures applicable to the Employee’s home country, and in the  event of any conflict between the terms of this Paragraph 3 and the terms of such international tax  assignment agreement or such tax policies or procedures, the terms of such international tax  assignment agreement or such tax policies or procedures, as applicable, shall control.  4. Employment Relationship.  For purposes of this Agreement, Employee shall  be considered to be in the employment of the Company as long as Employee remains an employee of  the Company, a Parent Corporation or Subsidiary of the Company, or a corporation or a Parent  Corporation or subsidiary of such corporation assuming or substituting a new award for this Award.   Without limiting the scope of the preceding sentence, it is expressly provided that Employee shall be  considered to have terminated employment with the Company at the time of the termination of the  “Subsidiary” status under the Plan of the entity or other organization that employs Employee.  Any  question as to whether and when there has been a termination of such employment, and the cause of  such termination, shall be determined by the Committee, or its delegate, as appropriate, and its  determination shall be final.  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    5  5. Committee’s Powers.  No provision contained in this Agreement shall in any  way terminate, modify or alter, or be construed or interpreted as terminating, modifying or altering  any of the powers, rights or authority vested in the Committee or, to the extent delegated, in its  delegate pursuant to the terms of the Plan or resolutions adopted in furtherance of the Plan, including,  without limitation, the right to make certain determinations and elections with respect to the  Performance Stock Units.  6. Data Privacy Notice and Consent.  (a) Declaration of Consent.  By accepting the Performance Stock  Units via the Company’s acceptance procedure, Employee is declaring that he or she  agrees with the data processing practices described herein and consents to the collection,  processing and use of Data by the Company and the transfer of Data to the recipients  mentioned below, including recipients located in countries which may not have a similar  level of protection from the perspective of the data protection laws in Employee’s  country.  (b) Data Collection and Usage.  The Company and the Employer may  collect, process and use certain personal information about Employee, including, but not  limited to, Employee’s name, home address and telephone number, email address, date  of birth, social insurance number, passport or other identification number, salary,  nationality, job title, any shares or directorships held in the Company, details of all  Performance Stock Units or any other entitlement to shares awarded, canceled,  exercised, vested, unvested or outstanding in Employee’s favor (“Data”), for the  purposes of implementing, administering and managing the Plan.  The legal basis,  where required, for the processing of Data is Employee’s consent.  (c) Stock Plan Administration Service Providers.  The Company  transfers Data, or parts thereof, to Morgan Stanley Smith Barney, an independent  service provider based in the United States, which assists the Company with the  implementation, administration and management of the Plan.  In the future, the  Company may select a different service provider and may share Data with different  service providers that serve in a similar manner.  Employee acknowledges and  understands that the Company’s service provider will open an account for Employee to  receive and trade shares of Stock acquired under the Plan and that Employee will be  asked to agree on separate terms and data processing practices with the service provider,  which is a condition of Employee’s ability to participate in the Plan.  (d) International Data Transfers.  The Company and its service  provider, are based in the United States.  Employee understands that his or her country  may have enacted data privacy laws that are different from the laws of the United States.   As a result, in the absence of appropriate safeguards such as standard data protection  clauses, the processing of Employee’s Data in the United States or, as the case may be,  other countries might not be subject to substantive data processing principles or  supervision by data protection authorities.  In addition, Employee might not have  enforceable rights regarding the processing of his or her Data in such countries.  The  Company’s legal basis for the transfer of Data is Employee’s consent.  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    6  (e) Data Retention.  The Company will hold and use the Data only as  long as is necessary to implement, administer and manage Employee’s participation in  the Plan, or as required to comply with legal or regulatory obligations, including under  tax, labor, securities and exchange control laws.  (f) Voluntariness and Consequences of Consent Denial or  Withdrawal.  Participation in the Plan is voluntary and Employee is providing the  consents herein on a purely voluntary basis.  Employee understands that he or she may  withdraw consent at any time with future effect for any or no reason.  If Employee does  not consent, or if Employee later seeks to revoke his or her consent, Employee’s salary  from or employment and career with the Employer will not be affected; the only  consequence of refusing or withdrawing consent is that the Company would not be able  to offer Performance Stock Units to Employee or administer or maintain Employee’s  participation in the Plan.  (g) Data Subject Rights.  Employee understands that data subject  rights vary depending on the applicable law and that, depending on where Employee is  based and subject to the conditions set out in the applicable law, Employee may have,  without limitation, the rights to (i) request access or copies of Data the Company  processes, (ii) rectification of incorrect Data, (iii) deletion of Data, (iv) restrictions on  processing of Data, (v) portability of Data, (vi) lodge complaints with competent  authorities in Employee’s jurisdiction, and/or (vii) receive a list with the names and  addresses of any potential recipients of Data.  To receive clarification regarding these  rights or to exercise these rights, Employee understands that he or she can contact  Employee’s local human resources representative.  By clicking the “Accept” or similar button implemented into the relevant web page or  platform, Employee declares, without limitation, his or her consent to the data processing  operations described in this Agreement.  Employee understands and acknowledges that he or  she may withdraw consent at any time with future effect for any or no reason as described in  sub-section (f) above.    7. Nature of Grant.  By accepting the grant of the Performance Stock Units, the  Employee acknowledges, understands and agrees that:  (a) the Plan is established voluntarily by the Company, it is  discretionary in nature, and it may be modified, amended, suspended or terminated by the  Company at any time, to the extent permitted by the Plan;  (b) the grant of Performance Stock Units is exceptional, voluntary and  occasional and does not create any contractual or other right to receive future awards of  Performance Stock Units, or benefits in lieu of Performance Stock Units even if  Performance Stock Units have been awarded in the past;  (c) all decisions with respect to future Performance Stock Units or other  grants, if any, will be at the sole discretion of the Company;  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    7  (d) the grant of Performance Stock Units and Employee’s participation  in the Plan will not create a right to employment or be interpreted as forming an  employment or service contract with the Company, the Employer or any Subsidiary of the  Company and shall not interfere with the ability of the Employer to terminate Employee’s  employment or service relationship (if any);  (e) Employee’s participation in the Plan is voluntary;  (f) the Performance Stock Units and the Stock underlying the  Performance Stock Units, and the income and value of the same, are not intended to replace  any pension rights or compensation;  (g) the Performance Stock Units and the Stock underlying the  Performance Stock Units, and the income and value of the same, are not part of normal or  expected compensation or salary for any purpose, including but not limited to, calculation  of any severance, resignation, termination, redundancy or end-of-service payments,  holiday-pay, bonuses, long-service awards, leave-related payments, pension or retirement  benefits, or similar mandatory payments;  (h) the future value of the Stock is unknown, indeterminable and cannot  be predicted with certainty;  (i) no claim or entitlement to compensation or damages shall arise from  forfeiture of Performance Stock Units resulting from Employee ceasing to provide  employment or other services to the Company or the Employer (for any reason whatsoever,  and whether or not later found to be invalid or in breach of employment laws in the  jurisdiction where Employee is employed or the terms of Employee's employment  agreement, if any);  (j) in the event of termination of Employee’s employment or other  services (for any reason whatsoever, whether or not later found to be invalid, or in breach  of employment laws in the jurisdiction where Employee is employed or the terms of  Employee's employment agreement, if any), unless otherwise provided in this Agreement  or determined by the Company, Employee’s right to vest in the Performance Stock Units  under the Plan, if any, will terminate effective as of the date that Employee is no longer  actively providing services and will not be extended by any notice period (e.g., active  services would not include any contractual notice period or any period of “garden leave”  or similar period mandated under employment laws in the jurisdiction where Employee is  employed or the terms of Employee's employment agreement, if any); the Committee shall  have the exclusive discretion to determine when Employee is no longer actively providing  services for purposes of the Award (including whether Employee may still be considered  to be providing services while on an approved leave of absence);  (k) unless otherwise provided in the Plan or by the Company in its  discretion, the Performance Stock Units and the benefits evidenced by this Agreement do  not create any entitlement to have the Performance Stock Units or any such benefits  transferred to, or assumed by, another company nor to be exchanged, cashed out or  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    8  substituted for, in connection with any corporate transaction affecting the shares of the  Company;  (l) unless otherwise agreed with the Company, the Performance Stock  Units and the Stock underlying the Performance Stock Units, and the income and value of  the same, are not granted as consideration for, or in connection with, services Employee  may provide as a director of a Subsidiary; and  (m) neither the Company, the Employer nor any Subsidiary of the  Company shall be liable for any foreign exchange rate fluctuation between Employee's  local currency and the United States Dollar that may affect the value of the Performance  Stock Units or of any amounts due to Employee pursuant to the settlement of the  Performance Stock Units or the subsequent sale of any shares of Stock acquired upon  settlement.  8. No Advice Regarding Grant.  The Company is not providing any tax, legal  or financial advice, nor is the Company making any recommendations regarding Employee's  participation in the Plan, or Employee's acquisition or sale of the underlying shares of Stock.   Employee should consult with his or her own personal tax, legal and financial advisors regarding his  or her participation in the Plan before taking any action related to the Plan.  9. Binding Effect.  This Agreement shall be binding upon and inure to the  benefit of any successors to the Company and all persons lawfully claiming under Employee.  10. Non-Competition; Non-Solicitation; Non-Disclosure.  (a) Following the date Employee enters into this Agreement, the  Company and/or its Subsidiary(ies) shall provide Employee access to Confidential  Information (as defined below).  Such Confidential Information shall be for use only during  Employee’s employment with the Company, and as an express incentive for the Company  to enter into this Agreement and to grant to Employee the Performance Stock Units (which  grant, Employee acknowledges, shall further align Employee’s interests with the long-term  business interests of the Company and its Subsidiaries) and provide Employee with  Confidential Information, Employee has voluntarily agreed to the covenants set forth in  this Paragraph 10.  Employee agrees and acknowledges that the limitations and restrictions  set forth herein, including geographical and temporal restrictions on certain competitive  activities, are reasonable in all respects, do not interfere with public interests, will not cause  Employee undue hardship, and are material and substantial parts of this Agreement  intended and necessary to prevent unfair competition and to protect the Company’s and its  Subsidiaries’ trade secrets and other Confidential Information, goodwill and legitimate  business interests.  (b) During the Prohibited Period (as defined below), Employee shall  not, without the prior written approval of the Company, directly or indirectly, for Employee  or on behalf of or in conjunction with any other person or entity of any nature:  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    9  (i) engage in or participate within the Market Area (as defined  below) in competition with the Company or any of its Subsidiaries in any aspect of  the Business (as defined below), which prohibition shall prevent Employee from  directly or indirectly: (A) owning, managing, operating, or being an officer or  director of, any business that competes with the Company or any of its Subsidiaries  in the Market Area, or (B) joining, becoming an employee or consultant of, or  otherwise being affiliated with, any person or entity engaged in, or planning to  engage in, the Business in the Market Area in competition, or anticipated  competition, with the Company or any of its Subsidiaries in any capacity (with  respect to this clause (B)) in which Employee’s duties or responsibilities are the  same as or similar to the duties or responsibilities that Employee had on behalf of  the Company or any of its Subsidiaries, or involve direct or indirect oversight over  such duties or responsibilities;  (ii) appropriate any Business Opportunity of, or relating to, the  Company or any of its Subsidiaries located in the Market Area;  (iii) solicit, canvass, approach, encourage, entice or induce any  customer or supplier of the Company or any of its Subsidiaries for whom or which  Employee had responsibility in the final 12 months prior to the termination of  Employee’s employment with the Company to cease or lessen such customer’s or  supplier’s business with the Company or any of its Subsidiaries; or  (iv) solicit, canvass, approach, encourage, entice or induce any  employee or contractor of the Company or any of its Subsidiaries to terminate his,  her or its employment or engagement with the Company or any of its Subsidiaries.  (c) Notwithstanding any other provision of this Agreement:   (i) the covenants set forth in this Paragraph 10 shall not apply  to restrict any of Employee’s activities within the State of California, including if  Employee is a California resident; and  (ii) if prohibited by any applicable law regarding non- competition restrictions in Washington, D.C., the covenants set forth in Paragraphs  10(b)(i) and 10(b)(ii) shall not apply with respect to any activities conducted within  (including individuals’ performance of work in) Washington, D.C.;  provided, however, for the avoidance of doubt, the foregoing exceptions under this  Paragraph 10(c) shall not limit any other obligations that Employee owes to the Company  or any of its Subsidiaries under any other agreements or applicable laws, including (without  limitation) with respect to the protection of Confidential Information.  (d) If Employee is an attorney at law or licensed lawyer in any  jurisdiction, none of the restrictions set forth in this Paragraph 10 shall be interpreted or  applied in a manner to prevent or restrict Employee from practicing law, as it is the intent  of this Paragraph 10 to create certain limitations on Employee’s business activities only,  and not to create limitations that would restrict Employee from practicing law.  If Employee  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    10  is an attorney at law or licensed to practice law, Employee acknowledges and agrees that,  both during Employee’s employment with the Company and thereafter, Employee shall be  bound by all ethical and professional obligations (including those with respect to conflicts  of interest and confidentiality) that may arise from Employee’s provision of legal services  to, and acting as legal counsel for, the Company and (as applicable) its Subsidiaries.  (e) Employee agrees, both during and after Employee’s employment  with the Company, not to use or disclose any Confidential Information other than for the  benefit of the Company or its Subsidiaries in the course of Employee’s duties for the  Company or its applicable Subsidiary.  All trade secrets, non-public information, designs,  ideas, concepts, improvements, product developments, discoveries and inventions, whether  patentable or not, that are conceived, made, developed or acquired by or disclosed to  Employee, individually or in conjunction with others, in connection with Employee’s  employment with the Company or otherwise during the time that Employee is or has been  employed or engaged by the Company or any of its Subsidiaries (whether during business  hours or otherwise and whether on the Company’s or its Subsidiaries’ premises or  otherwise), that relate to the Companies’ or its Subsidiaries’ businesses or properties,  products or services (including all such information relating to corporate opportunities,  operations, future plans, methods of doing business, business plans, formulas, strategies  for developing business and market share, research, financial and sales data, pricing terms,  evaluations, opinions, interpretations, acquisition prospects, the identity of customers or  their requirements, research and development information, the identity of key contacts  within customers’ organizations or within the organization of acquisition prospects, or  marketing and merchandising techniques, prospective names and marks) is defined as  “Confidential Information”.  For purposes of this Agreement, Confidential Information  shall not include any information that (i) is or becomes generally available to the public  other than as a result of a disclosure or wrongful act of Employee or Employee’s agents;  (ii) was available to Employee on a non-confidential basis before its disclosure by the  Company or any of its Subsidiaries; or (iii) becomes available to Employee on a non- confidential basis from a source other than the Company or any of its Subsidiaries;  provided, that such source is not bound by a confidentiality agreement with, or other  obligation with respect to confidentiality to, the Company or any of its Subsidiaries.  (f) Notwithstanding the foregoing Paragraph 10(e), nothing in this  Agreement shall prohibit or restrict Employee from lawfully (i) initiating communications  directly with, cooperating with, providing information to, causing information to be  provided to, or otherwise assisting in an investigation by, any governmental authority (in  each instance regarding a possible violation of any law); (ii) responding to any inquiry or  legal process directed to Employee from any such governmental authority; (iii) testifying,  participating or otherwise assisting in an action or proceeding by any such governmental  authority relating to a possible violation of law or (iv) making any other disclosures that  are protected under the whistleblower provisions of any applicable law. Additionally,  pursuant to the federal Defend Trade Secrets Act of 2016, Employee shall not be held  criminally or civilly liable under any federal or state trade secret law for the disclosure of  a trade secret that: (x) is made (A) in confidence to a federal, state or local government  official, either directly or indirectly, or to an attorney and (B) solely for the purpose of  reporting or investigating a suspected violation of law; (y) is made to Employee’s attorney  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    11  in relation to a lawsuit for retaliation against Employee for reporting a suspected violation  of law or (z) is made in a complaint or other document filed in a lawsuit or other  proceeding, if such filing is made under seal.  Nothing in this Agreement requires  Employee to obtain prior authorization before engaging in any conduct described in this  paragraph, or to notify the Company or any of its Subsidiaries that Employee have engaged  in any such conduct.  (g) Because of the difficulty of measuring economic losses to the  Company and its Subsidiaries as a result of a breach or threatened breach of the covenants  set forth in this Paragraph 10, and because of the immediate and irreparable damage that  would be caused to the Company and its Subsidiaries for which they would have no other  adequate remedy, the Company and each of its Subsidiaries shall be entitled to enforce the  foregoing covenants, in the event of a breach or threatened breach, by injunctions and  restraining orders from any court of competent jurisdiction, without the necessity of  showing any actual damages or that money damages would not afford an adequate remedy,  and without the necessity of posting any bond or other security.  The aforementioned  equitable relief shall not be the Company’s or its Subsidiaries’ exclusive remedy for a  breach but instead shall be in addition to all other rights and remedies available to the  Company and each of its Subsidiaries at law and equity.  (h) The covenants in this Paragraph 10, and each provision and portion  hereof, are severable and separate, and the unenforceability of any specific covenant (or  portion thereof) shall not affect the provisions of any other covenant (or portion thereof).   Moreover, in the event any arbitrator or court of competent jurisdiction shall determine that  the scope, time or territorial restrictions set forth are unreasonable, then it is the intention  of the parties that such restrictions be enforced to the fullest extent which such arbitrator  or court deems reasonable, and this Agreement shall thereby be reformed.  (i) The following terms shall have the following meanings:  (i) “Business” shall mean the business and operations that are  the same or similar to those performed by the Company and any of its Subsidiaries  for which Employee provides services or about which Employee obtains  Confidential Information during Employee’s employment with the Company.  (ii) “Business Opportunity” shall mean any commercial,  investment or other business opportunity relating to the Business.  (iii) “Market Area” shall mean: (i) during that portion of the  Prohibited Period that exists during which Employee is employed by the Company,  any geographic area or market where Employee provides, or has provided, services  to the Company or any of its Subsidiaries; and (ii) during that portion of the  Prohibited Period that exists following the date that Employee is no longer  employed by the Company, any geographic area or market where Employee  provided services to the Company or any of its Subsidiaries as of the date Employee  is no longer employed by the Company or during the 12 months prior to such date.  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    12  (iv) “Prohibited Period” shall mean the period during which  Employee is employed by the Company and continuing for a period of 12 months  following the date that Employee is no longer employed by the Company; provided,  however, with respect to a termination of employment with the Company on or  after the date upon which a Corporate Change occurs, the Prohibited Period shall  end on the date of such termination of employment with respect to the obligations  under Paragraphs 10(b)(i) and 10(b)(ii).  11. Compliance with Law.  Notwithstanding any other provision of the Plan or  this Agreement, unless there is an available exemption from any registration, qualification or other  legal requirement applicable to the shares of Stock, the Company shall not be required to deliver any  shares issuable upon settlement of the Performance Stock Units prior to the completion of any  registration or qualification of the shares under any local, state, federal or foreign securities or  exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission  (“SEC”) or of any other governmental regulatory body, or prior to obtaining any approval or other  clearance from any local, state, federal or foreign governmental agency, which registration,  qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable.   Employee understands that the Company is under no obligation to register or qualify the shares with  the SEC or any state or foreign securities commission or to seek approval or clearance from any  governmental authority for the issuance or sale of the shares.  Further, Employee agrees that the  Company shall have unilateral authority to amend the Plan and the Agreement without Employee's  consent to the extent necessary to comply with securities or other laws applicable to issuance of  shares.  12. Other Agreements.  The terms of this Agreement shall be subject to, and shall  not modify, the terms and conditions of any employment, severance, and/or change-in-control  agreement between the Company (or a Subsidiary) and Employee concerning equity-based awards  (“Other Agreement”), except that, notwithstanding anything in such Other Agreement to the contrary,  any normal retirement age of 65 or other retirement-based vesting provisions in such Other  Agreement shall be of no force or effect for purposes of the vesting of these Performance Stock Units.  13. Governing Law and Venue.  This Agreement shall be governed by, and  construed in accordance with, the laws of the State of Texas, U.S.A., except to the extent that it  implicates matters that are the subject of the General Corporation Law of the State of Delaware, which  matters shall be governed by the latter law notwithstanding any conflicts of laws principles that may  be applied or invoked directing the application of the laws of another jurisdiction.  Exclusive venue  for any action, lawsuit or other proceedings brought to enforce this Agreement, relating to it or arising  from it, or dispute resolution proceeding arising hereunder for any claim or dispute, the parties hereby  submit to and consent to the sole and exclusive jurisdiction of Houston, Harris County, Texas,  notwithstanding any conflicts of laws principles that may direct the jurisdiction of any other court,  venue, or forum, including the jurisdiction of Employee’s home country.  14. Language.  Employee acknowledges and represents that he or she is  proficient in the English language or has consulted with an advisor who is sufficiently proficient in  English, as to allow Employee to understand the terms of this Agreement and any other documents  related to the Plan.  If Employee has received this Agreement or any other document related to the  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    13  Plan translated into a language other than English and if the translated version is different from the  English version, the English version will control.  15. Insider Trading/Market Abuse Laws.  Employee acknowledges that,  depending on Employee’s country of residence or the country of residence of Employee’s broker,  Employee may be subject to insider trading restrictions and/or market abuse laws, which may affect  Employee’s ability to accept, acquire, sell or otherwise dispose of shares of Stock, rights to shares of  Stock (e.g., Performance Stock Units) or rights linked to the value of shares of Stock during such  times as Employee is considered to have “inside information” regarding the Company, as defined by  the laws or regulations in Employee’s country.  Local insider trading laws and regulations may  prohibit the cancellation or amendment of orders placed by Employee before Employee possessed  inside information.  Furthermore, Employee could be prohibited from (i) disclosing inside  information to any third party (other than on a “need to know” basis) and (ii) “tipping” third parties  or causing them otherwise to buy or sell securities.  Keep in mind third parties include fellow  employees.  Any restrictions under these laws or regulations are separate from and in addition to any  restrictions that may be imposed under any applicable Company insider trading policy. Employee  acknowledges that it is his or her responsibility to be informed of and compliant with such regulations,  and Employee should speak to his or her personal advisor on this matter.  16. Electronic Delivery and Acceptance.  The Company may, in its sole  discretion, decide to deliver any documents related to current or future participation in the Plan by  electronic means.  Employee hereby consents to receive such documents by electronic delivery and  agrees to participate in the Plan through an on-line or electronic system established and maintained  by the Company or a third party designated by the Company.  17. Severability.  If one or more of the provisions of this Agreement shall be held  invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the  remaining provisions shall not in any way be affected or impaired thereby and the invalid, illegal or  unenforceable provisions shall be deemed null and void; however, to the extent permissible by law,  any provisions which could be deemed null and void shall first be construed, interpreted or revised  retroactively to permit this Agreement to be construed so as to foster the intent of this Agreement and  the Plan.  18. Section 409A.  Notwithstanding anything in this Agreement to the contrary,  if any provision in this Agreement would result in the imposition of an applicable tax under Section  409A of the Code and related regulations and United States Department of the Treasury  pronouncements (“Section 409A”), that provision will be reformed to avoid imposition of the  applicable tax and no action taken to comply with Section 409A shall be deemed to adversely affect  Employee’s rights under this Agreement.  19. Addendum.  Notwithstanding any provision in this Agreement or the Plan to  the contrary, the Performance Stock Units shall be subject to the special terms and provisions set forth  in the Addendum to this Agreement for Employee’s country.  Moreover, if Employee relocates to one  of the countries included in the Addendum, the special terms and conditions for such country will  apply to Employee, to the extent the Company determines that the application of such terms and  conditions is necessary or advisable for legal or administrative reasons.  The Addendum constitutes  part of this Agreement.  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    14  20. Imposition of Other Requirements.  The Company reserves the right to  impose other requirements on Employee’s participation in the Plan, on the Performance Stock Units  and on any shares of Stock acquired under the Plan, to the extent the Company determines it is  necessary or advisable for legal or administrative reasons, and to require the Employee to sign any  additional agreements or undertakings that may be necessary to accomplish the foregoing.  21. Waiver.  Employee acknowledges that a waiver by the Company of breach of  any provision of this Agreement shall not operate or be construed as a waiver of any other provision  of this Agreement, or any subsequent breach by Employee or any other Employee.  22. Foreign Asset/Account Reporting, Exchange Control Requirements.   Certain foreign asset and/or foreign account reporting requirements and exchange controls may affect  Employee’s ability to acquire or hold shares of Stock under the Plan or cash received from  participating in the Plan in a brokerage or bank account outside Employee’s country.  Employee may  be required to report such accounts, assets or transactions to the tax or other authorities in Employee’s  country.  Employee may also be required to repatriate sale proceeds or other funds received as a result  of Employee’s participation in the Plan to Employee’s country through a designated bank or broker  and/or within a certain time after receipt.  Employee is responsible for complying with any applicable  regulations and should consult his or her personal legal and tax advisors for any details.  [Signatures on the following page.]  

 

INTERNATIONAL EMPLOYEE – 3-Year Vesting    15  IN WITNESS WHEREOF, the Company has caused this Agreement to be duly  executed by an officer thereunto duly authorized, and Employee has executed this Agreement, all  as of the date first above written.      KBR, INC.      By:     Name: Stuart J. B. Bradie   Title: President and CEO       EMPLOYEE:           Date:       

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-1  Addendum  KBR, INC.    Terms and Conditions of Performance Stock Unit Grant    SPECIAL PROVISIONS OF PERFORMANCE STOCK UNITS  IN CERTAIN COUNTRIES  This Addendum includes special country-specific terms that apply to residents in countries listed  below.  This Addendum is part of the Agreement.  Unless otherwise provided below, capitalized  terms used but not defined herein shall have the same meanings assigned to them in the Plan and  the Agreement.  This Addendum also includes information regarding exchange controls and certain other issues of  which Employee should be aware with respect to Employee’s participation in the Plan. The  information is based on the securities, exchange control and other laws in effect in the respective  countries as of January 2022.  Such laws are often complex, change frequently, certain individual  exchange control reporting requirements may apply upon vesting of Performance Stock Units  and/or sale of Stock and results may be different based on the particular facts and circumstances.   As a result, the Company strongly recommends that Employee does not rely on the information  noted herein as the only source of information relating to the consequences of Employee’s  participation in the Plan because the information may be out of date at the time Employee’s  Performance Stock Units vest or Employee sells shares of Stock acquired under the Plan.  In addition, the information is general in nature and may not apply to Employee’s particular  situation, and the Company is not in a position to assure Employee of any particular result.   Accordingly, Employee should seek appropriate professional advice as to how the relevant laws  in Employee’s country may apply to Employee’s situation.  If Employee is a citizen or resident of a country other than the country in which Employee is  working, or if Employee transfers employment after the Performance Stock Units are granted to  Employee, the information contained in this Addendum for the country Employee works in at the  time of grant may not be applicable to Employee and the Company, in its discretion, may determine  to what extent the terms and conditions contained herein shall be applicable to Employee.  If  Employee transfers residency and/or employment to another country or is considered a resident of  another country listed in the Addendum after the Performance Stock Units are granted to  Employee, the terms and/or information contained for that new country (rather than the original  grant country) may be applicable to Employee.    

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-2  AUSTRALIA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Offer Document.  This offer document sets out information regarding the grant of Performance Stock Units to  Australian resident employees of the Company and its Australian Subsidiary(ies).  The offer of  Performance Stock Units under the Plan to Australian resident employees is intended to comply  with the provisions of the Australian Corporations Act 2001 (Cth) (“Corporations Act”),  Australian Securities and Investments Commission (“ASIC”) Regulatory Guide 49 and ASIC  Class Order 14/1000.  Additional Documents.  In addition to the information set out in the Agreement, including this Addendum, Employee is  also being provided with copies of the following documents:  (a) the Plan; and  (b) the Plan prospectus.  (collectively, the “Additional Documents”). The Additional Documents provide further  information to help Employee make an informed investment decision about participating in the  Plan.  Neither the Plan nor the Plan prospectus is a prospectus for the purposes of the Corporations  Act.  Employee should not rely upon any oral statements made in relation to this offer.  Employee should  rely only upon the statements contained in the Agreement, including this Addendum, and the  Additional Documents when considering participation in the Plan.  General Information Only.  The information herein is general information only.  It is not advice or information that takes  into account any Employees’ objectives and financial situation.  Employees should consider obtaining their own financial product advice from a person who  is licensed by ASIC to give such advice.  Risk Factors for Australian Residents.  Employee should have regard to risk factors relevant to investment in securities generally and, in  particular, to the holding of shares of Stock.  For example, the price at which a share of Stock is  quoted on the New York Stock Exchange (“NYSE”) may increase or decrease due to a number of  factors.  There is no guarantee that the price of a share of Stock will increase.  Factors which may  affect the price of a share of Stock include fluctuations in the domestic and international market  for the listed stocks, general economic conditions, including interest rates, inflation rates,  legislation or regulation, the nature of the markets in which the Company operates and general  operational and business risks.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-3  More information about potential factors that could affect the Company’s business and financial  results is included in the Company’s most recent Annual Report on Form 10-K and other filings  the Company may make from time to time with the U.S. Securities and Exchange Commission.   Copies of these reports are available at http://sec.gov and upon request to the Company.  In addition, Employee should be aware that the Australian dollar value of the shares of Stock  Employee may acquire under the Plan will be affected by the U.S./Australian dollar exchange rate.   Participating in the Plan involves risks related to fluctuations in this rate of exchange.  Common Stock in a U.S. Corporation.  Common stock of a U.S. corporation is analogous to ordinary shares of an Australian corporation.   Each holder of a share of Stock is entitled to one vote.  Further, shares of Stock are not liable to  any further calls for payment of capital or for other assessment by the Company and have no  sinking fund provisions, pre-emptive rights, conversion rights or redemption provisions.  Ascertaining the Market Price of Shares.  Employee may ascertain the market price of a share of Stock by obtaining the current trading price  of a share on the NYSE at https://www.nyse.com/index  under the ticker “KBR”.  The Australian  dollar equivalent of that price can be obtained at:  http://www.rba.gov.au/statistics/frequency/exchange-rates.html.  This will not be a prediction of the market price of an individual share when such shares are  acquired under the Plan or of the applicable exchange rate on the acquisition date.  Tax Information.  The Plan is a plan to which subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth)  applies (subject to conditions in the Act).  Exchange Control Information.  Exchange control reporting is required for cash transactions exceeding AUD10,000 and for  international fund transfers.  The Australian bank assisting with the transaction will file the report  for Employee.  If there is no Australian bank involved in the transfer, Employee will have to file  the report.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-4  AZERBAIJAN  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Payment for Vested Performance Stock Units.  The following provision replaces Paragraph 2(e) of the Agreement:  Notwithstanding anything in the Agreement, the Performance Stock Units do not provide  Employee with any right to receive shares of Stock.  Upon vesting, the Performance Stock Units  shall be settled and paid only in cash through local payroll in an amount equal to the Fair Market  Value of the shares of Stock as of the vesting date less any Tax-Related Items.  Such payment shall  be made as soon as administratively practicable after vesting, but in no event later than thirty days  after the vesting date.  Further, Employee agrees to bear any currency fluctuation risk between the  time the Performance Stock Units vest and the time the cash payment is distributed to Employee.  Securities Law Information.  Employee understands that the Agreement, the Plan and all other materials Employee may receive  regarding Employee's participation in the Plan do not constitute advertising or offering of securities  in Azerbaijan. The offering of the Performance Stock Units pursuant to the Plan has not been and  will not be registered in Azerbaijan.     

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-5  BAHRAIN  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Securities Law Information.  The Agreement, the Plan and all other materials Employee may receive regarding participation in  the Plan do not constitute advertising or the offering of securities in Bahrain, nor do they constitute  an allotment of securities in Bahrain.  Any Stock issued upon settlement of the Performance Stock  Units will be deposited into a Company-designated brokerage account outside Bahrain.  In no  event will Stock be issued or delivered in Bahrain.  The issuance of Stock pursuant to the  Performance Stock Units described herein has not and will not be registered in Bahrain and, hence,  the Stock described herein may not be admitted or used for offering, placement or public  circulation in Bahrain.  Accordingly, Employee may not make any public advertising or  announcements regarding the Performance Stock Units or Stock in Bahrain, promote Stock to legal  entities or individuals in Bahrain, or sell Stock directly to other legal entities or individuals in  Bahrain.  Any disposition or sale of Stock must take place outside Bahrain.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-6  CANADA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Performance Stock Units Payable Only in Stock.  The following provision supplements Paragraph 2(e) of the Agreement:  Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the award  of Performance Stock Units does not provide any right for Employee to receive a cash payment  and shall be paid in shares of Stock only.  Foreign Account/Asset Tax Reporting Information.  Employee may be required to report his or her specified foreign property on Form T1135 (Foreign  Income Verification Statement) if the total cost of his or her specified foreign property exceeds  C$100,000 at any time in the year.  Foreign specified property includes cash, any shares of Stock  issued to Employee upon vesting and settlement of the Award as well as the Performance Stock  Units. Performance Stock Units must be reported - generally at a nil cost - if the C$100,000 cost  threshold is exceeded because of other foreign property that Employee holds. If shares of Stock  are acquired, their cost generally is the adjusted cost base (“ACB”). The ACB would normally  equal the fair market value of the shares of Stock issued to Employee upon vesting and settlement  of the Award, but if Employee owns other shares, this ACB may have to be averaged with the  ACB of the other shares. The Form T1135 is required for every year during which foreign specified  property exceeds C$100,000 and must be filed with Employee’s annual tax return.  Termination of Employment.  The following provision supplements Paragraph 7(j) of the Agreement and supplements the  balance of the Agreement:  For purposes of this Award, in the event of Employee’s termination of employment for any reason  (regardless of the reason for such termination and whether or not the termination is later found to  be invalid, unlawful or in breach of employment laws in the jurisdiction where Employee is  providing services or the terms of Employee's employment agreement, if any), unless otherwise  provided in this Agreement or the Plan, Employee’s right to vest in the Performance Stock Units,  if any, will terminate effective as of the date that is the earliest of (1) the date Employee is no  longer actually providing services to the Company or any of its Subsidiaries; or (2) the date  Employee receives (or provides) written notice of termination of employment. Subject to the  below, on and after such date, Employee will no longer be considered to be an "employee" or  "employed" for the purposes of this Agreement. Unless explicitly required by applicable  legislation, such date will exclude and will not be extended by any period during which notice,  pay in lieu of notice or related payments or damages are provided or required to be provided under  statute, contract, common/civil law or otherwise.  Furthermore, Employee will not earn, or be  entitled to earn, any pro-rated vesting for that portion of time before the date on which Employee's  right to vest terminates, nor will Employee be entitled to any compensation for lost vesting.  Notwithstanding the foregoing, if applicable employment standards legislation explicitly requires  continued entitlement to vesting during a statutory notice period, Employee's right to vest  in the  Performance Stock Units, if any, will terminate effective as of the last day of Employee's minimum  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-7  statutory notice period, but Employee will not earn or be entitled to pro-rated vesting if the vesting  date falls after the end of Employee's statutory notice period, nor will Employee be entitled to any  compensation for lost vesting.  Securities Law Information.  Employee is permitted to sell shares of Stock acquired under the Plan through the designated  broker appointed under the Plan, if any, provided that the sale of such shares takes place outside  Canada through the facilities of a stock exchange on which the shares of Stock are listed (i.e., the  New York Stock Exchange).  The following provisions shall apply if Employee is a resident of Ontario:  Post-Employment Non-Competition - Ontario  If Employee is employed in the Province of Ontario and Employee is not an Executive within the  meaning of Section 67.2(4) of the Employment Standards Act, 2000, the covenant in Paragraph  10(b)(i) shall not apply to Employee.   The following provisions shall apply if Employee is a resident of Quebec:  Data Privacy.  This provision supplements Paragraph 6 of the Agreement:  Employee hereby authorizes the Company and representatives of any Subsidiary to discuss with  and obtain all relevant information from all personnel, professional or not, involved in the  administration and operation of the Plan.  Employee further authorizes the Company and any  Subsidiary and the administrators of the Plan to disclose and discuss the Plan with their advisors.   Employee further authorizes the Company and any Subsidiary to record such information and to  keep such information in Employee’s file.     Language Consent.    The parties acknowledge that it is their express wish that the Agreement, including this Addendum,  as well as all documents, notices and legal proceedings entered into, given or instituted pursuant  hereto or relating directly or indirectly hereto, be drawn up in English.    Consentement relatif à la langue utilisée.    Les parties reconnaissent avoir expressément souhaité que la convention («Agreement») ainsi que  cette Annexe, ainsi que tous les documents, avis et procédures judiciares, éxécutés, donnés ou  intentés en vertu de, ou liés directement ou indirectement à la présente convention, soient rédigés  en langue anglaise.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-8  CHINA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Payment for Vested Performance Stock Units.  The following provision replaces Paragraph 2(e) of the Agreement:  Notwithstanding anything in the Agreement, the Performance Stock Units do not provide  Employee with any right to receive shares of Stock.  Upon vesting, the Performance Stock Units  shall be settled and paid only in cash through local payroll in an amount equal to the Fair Market  Value of the shares of Stock as of the vesting date less any Tax-Related Items.  Such payment shall  be made as soon as administratively practicable after vesting, but in no event later than thirty days  after the vesting date.  Further, Employee agrees to bear any currency fluctuation risk between the  time the Performance Stock Units vest and the time the cash payment is distributed to Employee.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-9  FINLAND  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  There are no country-specific provisions.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-10  GERMANY  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Exchange Control Information.  Cross-border payments in excess of €12,500 (e.g., proceeds from the sale of shares of Stock), must  be reported monthly to the German Federal Bank.  Employee is responsible for satisfying the  reporting obligation and must file the report electronically by the fifth day of the month following  the month in which the payment is received.  A copy of the form can be accessed via the German  Federal Bank’s website at www.bundesbank.de and is available in both German and English.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-11  INDIA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Exchange Control Information.  Employee must repatriate the proceeds from the sale of shares of Stock and any cash dividends  paid on such Stock within the period of time required under applicable regulations.  Employee will  receive a foreign inward remittance certificate (“FIRC”) from the bank where Employee deposits  the foreign currency.  Employee should maintain the FIRC received from the bank as evidence of  the repatriation of the funds in the event that the Reserve Bank of India or the Employer requests  proof of repatriation.  It is Employee’s responsibility to comply with applicable exchange control  laws in India.  Foreign Account/Asset Tax Reporting Information.  Employee is required to declare in his or her annual tax return (a) any foreign assets held by him  or her or (b) any foreign bank accounts for which he or she has signing authority.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-12  MEXICO  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Acknowledgement of the Agreement.  In accepting the award of Performance Stock Units, Employee acknowledges that Employee has  received a copy of the Plan, has reviewed the Plan and the Agreement in their entirety and fully  understands and accepts all provisions of the Plan and the Agreement.  Employee further  acknowledges that Employee has read and specifically and expressly approves the terms and  conditions of Paragraph 7 of the Agreement, in which the following is clearly described and  established:  (1) Employee’s participation in the Plan does not constitute an acquired right.  (2) The Plan and Employee’s participation in the Plan are offered by the Company on  a wholly discretionary basis.  (3) Employee’s participation in the Plan is voluntary.  (4) The Company and its Subsidiaries are not responsible for any decrease in the value  of the underlying shares of Stock.  Labor Law Acknowledgement and Policy Statement.  In accepting the award of Performance Stock Units, Employee expressly recognizes that KBR,  Inc., with registered offices at 601 Jefferson Street, Suite 3400, Houston, Texas 77002, U.S.A., is  solely responsible for the administration of the Plan and that Employee’s participation in the Plan  and acquisition of shares of Stock does not constitute an employment relationship between  Employee and KBR, Inc. since Employee is participating in the Plan on a wholly commercial basis  and Employee’s sole employer is a Subsidiary of the Company in Mexico (“KBR-Mexico”), not  KBR, Inc. in the U.S.  Based on the foregoing, Employee expressly recognizes that the Plan and  the benefits that Employee may derive from participation in the Plan do not establish any rights  between Employee and Employee’s employer, KBR-Mexico, and do not form part of the  employment conditions and/or benefits provided by KBR-Mexico and any modification of the Plan  or its termination shall not constitute a change or impairment of the terms and conditions of  Employee’s employment.  Employee further understands that Employee’s participation in the Plan is as a result of a unilateral  and discretionary decision of KBR, Inc.; therefore, KBR, Inc. reserves the absolute right to amend  and/or discontinue Employee’s participation at any time without any liability to Employee.  Finally, Employee hereby declares that he or she does not reserve to Employee any action or right  to bring any claim against KBR, Inc. for any compensation or damages regarding any provision of  the Plan or the benefits derived under the Plan, and Employee therefore grants a full and broad  release to KBR, Inc., its Subsidiary, branches, representation offices, its shareholders, officers,  agents or legal representatives with respect to any claim that may arise. 

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-13    Reconocimiento del Convenio.  Aceptando este Premio (Award),1 el Participante (Employee) reconoce que ha recibido una copia del  Plan, que lo ha revisado como así también el Convenio en su totalidad, y comprende y está de acuerdo  con todas las disposiciones tanto del Plan como del Convenio.  Asimismo, el Participante reconoce  que ha leído y específicamente y expresamente manifiesta la conformidad del Participante con los  términos y condiciones establecidos en la cláusula 7 de dicho Convenio, en el cual se establece  claramente que:  (1) La participación del Participante en el Plan de ninguna manera constituye un derecho  adquirido.  (2) Que el Plan y la participación del Participante en el mismo es una oferta por parte de  KBR, Inc. de forma completamente discrecional.  (3) Que la participación del Participante en el Plan es voluntaria.  (4) Que KBR, Inc. y sus Entidades Relacionadas no son responsables por cualquier  pérdida en el valor de el Premio y/o Acciones otorgadas mediante el Plan.  Reconocimiento de Ausencia de Relación Laboral y Declaración de la Política.  Aceptando este Premio, el Participante reconoce que KBR, Inc. y sus oficinas registradas en 601  Jefferson Street, Suite 3400, Houston, Texas 77002, U.S.A., es el único responsable de la  administración del Plan y que la participación del Participante en el mismo y la adquisicion de  Acciones no constituye de ninguna manera una relación laboral entre el Participante y KBR, Inc., toda  vez que la participación del Participante en el Plan deriva únicamente de una relación comercial con  KBR, Inc., reconociendo expresamente que el único empleador del Participante es la Subsidaria de la  Compania en Mexico (“KBR-Mexico”), no es KBR, Inc. en los Estados Unidos.  Derivado de lo  anterior, el Participante expresamente reconoce que el Plan y los beneficios que pudieran derivar del  mismo no establecen ningún derecho entre el Participante y su empleador, KBR-México, y no forman  parte de las condiciones laborales y/o prestaciones otorgadas por KBR-México, y expresamente el  Participante reconoce que cualquier modificación al Plan o la terminación del mismo de manera  alguna podrá ser interpretada como una modificación de los  condiciones de trabajo del Participante.  Asimismo, el Participante entiende que su participación en el Plan es resultado de la decisión  unilateral y discrecional de KBR, Inc., por lo tanto, KBR, Inc. se reserva el derecho absoluto para  modificar y/o terminar la participación del Participante en cualquier momento, sin ninguna  responsabilidad para el Participante.  Finalmente, el Participante manifiesta que no se reserva ninguna acción o derecho que origine una  demanda en contra de KBR, Inc., por cualquier compensación o daño en relación con cualquier  disposición del Plan o de los beneficios derivados del mismo, y en consecuencia el Participante otorga  un amplio y total finiquito a KBR, Inc., sus Entidades Relacionadas, afiliadas, sucursales, oficinas de  representación, sus accionistas, directores, agentes y representantes legales con respecto a cualquier  demanda que pudiera surgir.    1 El término "Premio" se refiere a la palabra "Performance Stock Units."  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-14    Securities Law Information.  The Performance Units granted, and any shares of Stock acquired, under the Plan have not been  registered with the National Register of Securities maintained by the Mexican National Banking  and Securities Commission and cannot be offered or sold publicly in Mexico. In addition, the Plan,  Agreement and any other document relating to the Performance Units may not be publicly  distributed in Mexico. These materials are addressed to Employee because of his or her existing  relationship with the Company and these materials should not be reproduced or copied in any form.   The offer contained in these materials does not constitute a public offering of securities, but rather  a private placement of securities addressed specifically to individuals who are present service  providers made in accordance with the provisions of the Mexican Securities Market Law, and any  rights under such offering shall not be assigned or transferred.     

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-15    POLAND  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Exchange Control Information.  If Employee holds foreign securities (including shares of Stock) and maintains accounts abroad,  Employee may be required to file certain reports with the National Bank of Poland.  Specifically,  if the value of securities and cash held in such foreign accounts exceeds PLN 7 million, Employee  must file reports on the transactions and balances of the accounts on a quarterly basis. Further, any  fund transfers in excess of €15,000 (or PLN 15,000 if such transfer of funds is connected with  business activity of an entrepreneur) into or out of Poland must be effected through a bank in  Poland.  Polish residents are required to store all documents related to foreign exchange  transactions for a period of five years.     

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-16    QATAR  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  There are no country-specific provisions.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-17    ROMANIA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Language Consent.  By accepting the grant of Performance Stock Units, Employee acknowledges that he or she is  proficient in reading and understanding English and fully understands the terms of the documents  related to the grant (the Agreement and the Plan), which were provided in the English language.   Employee accept the terms of those documents accordingly.  Consimtamant cu privire la limba.  Prin acceptarea acordarii de Performance Stock Units, Employee confirma ca acesta sau aceasta  are un nivel adecvat de cunoastere in ce priveste cititirea si intelegerea limbii engleze, a citit si  confirma ca a inteles pe deplin termenii documentelor referitoare la acordare (Acordul si Planul),  care au fost furnizate in limba engleza.  Employee accepta termenii acestor documente in  consecinta.  Exchange Control Information.  If Employee remits foreign currency into Romania (e.g., proceeds from the sale of shares of Stock),  Employee may be required to provide the Romanian bank through which the foreign currency is  transferred with appropriate documentation explaining the source of the funds.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-18    SAUDI ARABIA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Securities Law Information.  This document may not be distributed in the Kingdom of Saudi Arabia except to such persons as are  permitted under the Rules on the Offer of Securities and Continuing Obligations issued by the  Capital Market Authority.  The Capital Market Authority does not make any representation as to the accuracy or completeness  of this document, and expressly disclaims any liability whatsoever for any loss arising from, or  incurred in reliance upon, any part of this document.  Prospective purchasers of securities offered  hereby should conduct their own due diligence on the accuracy of the information relating to the  securities. If Employee does not understand the contents of this document, Employee should consult  his or her own advisor or an authorized financial advisor.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-19    SINGAPORE  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Securities Law Information.  The grant of Performance Stock Units is being made in reliance of section 273(1)(f) of the  Securities and Futures Act (Chap. 289) (“SFA”) for which it is exempt from the prospectus and  registration requirements under the SFA and is not made to Employee with a view of the  Performance Stock Units being subsequently offered to any other party.  The Plan has not been  lodged or registered as a prospectus with the Monetary Authority of Singapore.  Employee should  note that the Performance Stock Units are subject to section 257 of the SFA and Employee will  not be able to make (i) any subsequent sale of the shares of Stock in Singapore or (ii) any offer of  such subsequent sale of the shares of Stock subject to the Performance Stock Units in Singapore,  unless such sale or offer in is made (a) more than six months after the Grant Date or (b) pursuant  to the exemptions under Part XIII Division (1) Subdivision (4) (other than section 280) of the SFA,  or pursuant to, and in accordance with the condition of, any other applicable provisions of the SFA.  Director Notification Information.  If Employee is a director of a Singapore Subsidiary, Employee must notify the Singapore  Subsidiary in writing within two business days of Employee receiving or disposing of an interest  (e.g., Performance Stock Units, shares of Stock, etc.) in the Company or any Subsidiary or within  two business days of Employee becoming a director if such an interest exists at the time.  This  notification requirement also applies to an associate director of the Singapore Subsidiary and to a  shadow director of the Singapore Subsidiary (i.e., an individual who is not on the board of directors  of the Singapore Subsidiary but who has sufficient control so that the board of directors of the  Singapore Subsidiary acts in accordance with the “directions and instructions” of the individual).     

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-20    SOUTH KOREA  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Foreign Account/Asset Tax Reporting Information.  Employee must declare all of his or her foreign financial accounts (i.e., non-Korean bank accounts,  brokerage accounts, etc.) to the Korean tax authorities and file a report with respect to such  accounts if the value of such accounts exceeds  a certain threshold (currently, KRW 500 million  (or an equivalent amount in foreign currency)) on any month-end date during the year.     

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-21    SWITZERLAND  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Securities Law Information.  Neither this document nor any other materials relating to the Performance Units (i) constitutes a  prospectus according to articles 35 et seq. of the Swiss Federal Act on Financial Services  (“FinSA”), (ii) may be publicly distributed or otherwise made publicly available in Switzerland to  any person other than an employee of the Company, or (iii) has been or will be filed with, approved  or supervised by any Swiss reviewing body according to Article 51 of FinSA or any other Swiss  regulatory authority, including the Swiss Financial Market Supervisory Authority.    

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-22    THAILAND  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Exchange Control Information.  If the proceeds from the sale of shares of Stock or any cash dividends received in relation to such  shares of Stock exceed USD 1,000,000 (or its equivalent amount) in a single transaction, Employee  is required to immediately repatriate the funds to Thailand upon receipt and either (i) convert the  repatriated foreign currency into Thai Baht or (ii) deposit such foreign currency into his/her foreign  currency deposit account opened with any commercial bank in Thailand, within 360 calendar days  from the date on which the proceeds are repatriated into Thailand.  Employee is also required to  inform the details of the transaction (i.e., identification information and purpose of the transaction)  to the remittance bank acting as an authorized agent of the Bank of Thailand to report the inward  remittance of funds into Thailand.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-23    UNITED ARAB EMIRATES  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Securities Law Information.  The Plan is only being offered to qualified Employees and is in the nature of providing equity  incentives to Employees in the United Arab Emirates (“UAE”).  Any documents related to the  Plan, including the Plan, Plan prospectus and other grant documents (“Plan Documents”), are  intended for distribution only to such Employees and must not be delivered to, or relied on by, any  other person.  Prospective stockholders should conduct their own due diligence on the securities.   If Employee does not understand the contents of the Plan Documents, Employee should consult  an authorized financial adviser.  The Emirates Securities and Commodities Authority has no responsibility for reviewing or  verifying any Plan Documents nor taken steps to verify the information set out in them, and thus,  are not responsible for such documents.  

 

INTERNATIONAL EMPLOYEE (ADDENDUM)    A-24    UNITED KINGDOM  AMENDED AND RESTATED KBR, INC. 2006 STOCK AND INCENTIVE PLAN  Withholding of Taxes.  This section supplements Paragraph 3 of the Agreement.  Without limitation to Paragraph 3 of the Agreement, Employee agrees that he or she is liable for  all Tax-Related Items and hereby covenants to pay all such Tax-Related Items, as and when  requested by the Company or the Employer, as applicable, or by Her Majesty’s Revenue &  Customs (“HMRC”) (or any other tax authority or any other relevant authority).  Employee also  agrees to indemnify and keep indemnified the Company and the Employer, as applicable, for any  Tax-Related Items that they are required to pay or withhold or have paid or will pay on Employee’s  behalf to HMRC (or any other tax authority or any other relevant authority).  Notwithstanding the foregoing, if Employee is an officer or executive director (as within the  meaning of Section 13(k) of the Exchange Act), the terms of the immediately foregoing provision  will not apply.  In this case, the amount of any income tax not collected within 90 days of the end  of the U.K. tax year in which an event giving rise to the Tax-Related Items occurs may constitute  a benefit to Employee on which additional income tax and national insurance contributions may  be payable.  Employee acknowledges that Employee ultimately will be responsible for reporting  and paying any income tax due on this additional benefit directly to HMRC under the self- assessment regime and for reimbursing the Company or the Employer (as appropriate) for the  value of any national insurance contributions due on this additional benefit.  Employee  acknowledges that the Company or the Employer may recover any such additional income tax and  national insurance contributions at any time thereafter by any of the means referred to in Paragraph  3 of the Agreement.

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