Document:

EX-10.10

 Exhibit 10.10 

DELPHI TECHNOLOGIES PLC 

ANNUAL INCENTIVE PLAN 
  

	1.	PURPOSE OF THE PLAN 

 The purpose of the Delphi Technologies PLC Annual Incentive Plan (the
“Plan”) is to reward performance and provide future incentives to employees who contribute to the success of the business of Delphi Technologies PLC (the “Company”). The Plan is available for incentive programs not
to exceed a period of one year for eligible employees. Because the Plan does not provide welfare benefits and does not provide for the deferral of compensation to termination of employment, it is established with the intent and understanding that it
is not an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974, as amended. To the extent any award under the Plan would become subject to Section 409A of the Internal Revenue Code of 1986, as amended
(the “Code”), such award shall be granted in compliance with the requirements set forth in Section 409A of the Code and any binding regulations or guidance promulgated thereunder. 

 

	2.	EFFECTIVE DATE AND DURATION OF THE PLAN 

 The Plan is effective as of
[            ], 20[    ]. 
  

	3.	PLAN ADMINISTRATION AND ELIGIBILITY 

  

	(a)	The Plan shall be administered by the Compensation and Human Resources Committee (the “Committee”) of the Board of Directors of the Company (the “Board”). The Committee may authorize
target award grants to employees. The Committee, in its sole discretion, shall determine the performance period, the performance levels at which different percentages of such awards will be earned, the collective amount for all awards to be granted
at any one time, and the individual grants with respect to employees who are officers of the Company. The Committee may delegate to the Chief Executive Officer, the officers or such other committee or individual as determined by the Committee
responsibility for determining, within the limits established by the Committee, individual award grants for employees who are not officers. All awards granted under the Plan will be denominated and paid in cash (U.S. dollars or local currency
equivalent). 

  

	(b)	The Committee shall have full power and authority to construe and interpret the Plan. The Committee shall determine the selection of employees for participation in the Plan and also decide any questions and settle any
disputes or controversies that may arise with respect to the Plan. Any person who accepts any award hereunder agrees to accept as final, conclusive, and binding all determinations of the Committee and the Company’s officers. The Committee has
the right, in the case of participants not employed in the United States, to vary from the provisions of the Plan in order to preserve its incentive features. 

  

	(c)	Only persons who are employees of the Company are eligible to receive an award under the Plan. Subject to such additional limitations or restrictions as the Committee may impose, the term “employees”
means persons (i) who are employed by the Company, or any subsidiary (as defined below), including employees who are also directors of the Company or any such subsidiary, or (ii) who accept (or previously have accepted) employment, at the
request of the Company, with any entity that is not a subsidiary but in which the Company has, directly or indirectly, a substantial ownership interest. For purposes of this Plan, the term “subsidiary” means (x) a corporation
of which the Company owns, directly or indirectly, capital stock having ordinary voting power to elect a majority of the board of directors of such corporation, (y) any unincorporated entity of which the Company can exercise, directly or
indirectly, comparable control, or (z) any other entity which the Committee determines should be treated as a “subsidiary”. The Committee will determine when and to what extent individuals otherwise eligible for consideration become
employees and when any individual will be deemed to have terminated employment for purposes of the Plan; provided that, with respect to any award subject to Section 409A of the Code, a termination of employment occurs when an employee
experiences a “separation from service” (as such term is defined under Section 409A of the Code). To the extent determined by the Committee, the term “employees” will include former employees and any executor(s),
administrator(s), or other legal representatives of an employee’s estate. 

	4.	DETERMINATION OF ANNUAL INCENTIVE AWARD 

  

	(a)	Prior to the grant of any target award, the Committee will establish performance levels for each such award related to the Company and its affiliates at which 100% of the award will be earned and a range (which need not
be the same for all awards) within which greater and lesser percentages will be earned. The “performance period” will be twelve (12) months or less. 

 

	(b)	With respect to the performance levels to be established, the Committee will establish the specific measures for each grant at the time of such grant. In creating these measures, the Committee may establish the specific
goals based upon or relating to one or more specified criteria. If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which the Company conducts its business,
or other events or circumstances render the performance objectives unsuitable, the Committee may modify the performance objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and
equitable. Performance measures may vary from award to award, and from participant to participant, and may be established on a stand-alone basis, in tandem or in the alternative. 

 

	(c)	No target award will be granted to any director of the Company who is not an employee at the date of grant. 

  

	(d)	If an employee is promoted during the performance period, a target award may be increased to reflect such employee’s new responsibilities. 

 

	(e)	The Committee may adjust the performance levels and goals for any performance period and shall have the authority to make appropriate adjustments as it deems equitable in recognition of unusual or non-recurring events affecting the Company, changes in applicable tax laws or accounting principles, or such other factors as the Committee may determine to preserve the incentive features of the Plan (including,
without limitation, any adjustments that would result in the Company paying non-deductible compensation to a participant). 

 

	5.	DETERMINATION AND PAYMENT OF FINAL AWARD 

  

	(a)	Except as otherwise provided in the Plan, the percentage of each target award to be distributed to an employee will be determined by the Committee on the basis of the performance levels established for such award and
the performance of the applicable enterprise or specified portion thereof, as the case may be, during the performance period. Following determination of the final payout percentage, the Committee may, upon the recommendation of the Chief Executive
Officer, make adjustments to awards for officers to reflect individual performance during such period. Adjustments to awards to reflect individual performance for employees who are not officers may be made by the Chief Executive Officer, other
officer or such other committee or individual as determined by the Committee. The amount of any adjustments made to individual awards, in the aggregate, will not change the sum of the payments of individual awards. Any target award, as determined
and adjusted, is herein referred to as a “final award.” 

  

	(b)	 Payment of any final award (or portion thereof) to an employee is subject to the satisfaction of the conditions
precedent that such employee: (i) continue to render services as an employee through the end of the performance period, unless waived by the Committee, (ii) refrain from engaging in any activity through the end of the performance period
which, in the opinion of the Committee, is competitive with any activity of the Company or any subsidiary (except that employment at the request of the Company with an entity in which the Company has, directly or indirectly, a substantial ownership
interest, or other employment specifically approved by the Committee, may not be considered to be an activity which is competitive with any activity of the Company or any subsidiary) and from otherwise acting, either prior to or after termination of
employment, in any manner inimical or in any way contrary to the best interests of the Company, and (iii) furnish to the Company such information with respect to the satisfaction of the foregoing conditions precedent as the Committee may
reasonably request. Notwithstanding anything in this Plan to the contrary, nothing in this Plan prevents a participant from providing, without prior notice to the Company, information to governmental authorities regarding possible legal violations
or otherwise 

  
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testifying or participating in any investigation or proceeding by any governmental authorities regarding possible legal violations, and for purposes of clarity a participant is not prohibited
from providing information voluntarily to the United States Securities and Exchange Commission pursuant to Section 21F of the United States Securities Exchange Act of 1934, as amended. 

 

	(c)	Final awards shall vest at the end of the performance period and shall be paid as soon as practicable following the end of the applicable performance period, but in no event later than March 15 following the last
day of the applicable performance period. 

  

	6.	TREATMENT OF AWARDS UPON EMPLOYEE’S DEATH OR TERMINATION OF EMPLOYMENT 

  

	(a)	If an employee (x) is terminated for Cause at any time, (y) is terminated without Cause prior to having been employed for six months during the performance period, or (z) voluntarily quits employment (not
due to Retirement) at any time, except as otherwise determined by the Committee, no award will be paid to the employee. 

 The
term “Cause” means, with respect to any participant, “cause” as defined in such participant’s employment, severance, consulting or similar agreement (including any offer letter) between the Company or any of its
affiliates and the participant (each, an “Employment Agreement”), if any, or if not so defined, such participant’s: 

(i) indictment for any crime (A) constituting a felony, or (B) that has, or could reasonably be expected to
result in, an adverse impact on the performance of a participant’s duties to the Company, or otherwise has, or could reasonably be expected to result in, an adverse impact to the business or reputation of the Company; 

(ii) having been the subject of any order, judicial or administrative, obtained or issued by the United States Securities
and Exchange Commission for any securities violation involving fraud including, for example, any such order consented to by the participant in which findings of facts or any legal conclusions establishing liability are neither admitted nor denied;

 (iii) conduct, in connection with his or her employment or service, which is not taken in good faith and has, or
could reasonably be expected to result in, material injury to the business or reputation of the Company; 
 (iv) willful
violation of the Company’s Code of Conduct or other material policies set forth in the manuals or statements of policy of the Company; 

(v) willful neglect in the performance of a participant’s duties for the Company or willful or repeated failure or
refusal to perform such duties; or 
 (vi) material breach of any Employment Agreement. 

The occurrence of any such event that is susceptible to cure or remedy shall not constitute Cause if such participant cures or remedies such
event within 30 days after the Company provides notice to such participant. 
  

	(b)	 If, upon death or a Qualified Termination of an employee’s employment prior to the end of any performance
period, other than an involuntary termination without Cause prior to having been employed for six months during the performance period, the Committee determines to waive the condition precedent of continuing to render services as provided in
paragraph 5(b), then the target award granted to such employee with respect to such performance period will be reduced pro rata based on the number of months remaining in the performance period after the month of death or termination;
provided further that such actions would not cause any payment to result in deferred compensation that is subject to the additional tax under Section 409A of the Code. The final award for such employee will be determined by the Committee

  
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(i) on the basis of the performance levels established for such award (including the minimum performance level) and the performance level achieved through the end of the performance period and
(ii) in the discretion of the Committee, on the basis of individual performance during the period prior to death or termination, and will be paid in accordance with paragraph 5(c). 

A “Qualified Termination” means an involuntary termination without Cause, termination due to Disability, Retirement, or any
other termination approved by the Committee. Should an employee be involuntarily terminated without Cause at any time before the end of the applicable performance period after having attained Retirement eligibility, the termination will be treated
as a Retirement hereunder. 
 The term “Retirement” means, with respect to any participant, voluntarily terminating
employment after having attained age 55 with at least 10 years of service with the Company, a subsidiary or a predecessor of either (including Delphi Automotive PLC). 

The term “Disability” means, with respect to any participant, “disability” as defined in such participant’s
Employment Agreement, if any, or if not so defined: 
 (i) a permanent and total disability that entitles the
participant to disability income payments under any long-term disability plan or policy provided by the Company under which the participant is covered, as such plan or policy is then in effect; or 

(ii) if such participant is not covered under a long-term disability plan or policy provided by the Company at such time
for whatever reason, then a “permanent and total disability” as defined in Section 22(e)(3) of the Code and, in this case, the existence of any such Disability will be certified by a physician acceptable to the Company. 

A qualifying leave of absence, determined in accordance with procedures established by the Committee, will not be deemed to be a termination of
employment, but, except as otherwise determined by the Committee, the employee’s target award may, but shall not be required to, be reduced pro rata based on the number of months during which such person was on such leave of absence during the
performance period; provided that such actions would not cause any payment to result in deferred compensation that is subject to the additional tax under Section 409A of the Code. A target award will not vest during a leave of absence granted
to an employee for government service. 
  

	7.	CHANGE IN CONTROL 

  

	(a)	Upon the effective date of a Change in Control, all outstanding unvested awards granted under this Plan will vest on a pro rata basis based on the greater of target award or actual performance during the applicable
performance period up to the date of the Change in Control. The pro-rated award shall be paid as a single lump sum payment as soon as reasonably practicable following the date of the Change in Control, but in
no event later than March 15 of the calendar year following the year in which the Change in Control occurs. 

  

	(b)	The term “Change in Control” means the occurrence of any one or more of the following events: 

(i) a direct or indirect change in ownership or control of the Company effected through one transaction or a series of
related transactions within a 12-month period commencing after the spin-off of the Company from Delphi Automotive PLC, whereby any “person” (as defined in
Section 3(a)(9) of the United States Securities Exchange Act of 1934, as amended from time to time, and the rules, regulations and guidance thereunder (the “Exchange Act”)), or any two or more persons deemed to be one
“person” (as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act) (in each case a “Person”) other than the Company or an employee benefit plan maintained by the Company, directly or indirectly acquire or maintain
“beneficial ownership” (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company constituting more than 30% of the total combined voting power of the Company’s
equity securities outstanding immediately after such acquisition; 

  
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 (ii) at any time during a period of 12 consecutive months commencing after
the spin-off of the Company from Delphi Automotive PLC, individuals who at the beginning of such period constituted the Board cease for any reason to constitute a majority of members of the Board; provided,
however, that any new member of the Board whose election or nomination for election was approved by a vote of at least a majority of the directors then still in office who either were directors at the beginning of such period or whose election or
nomination for election was so approved, shall be considered as though such individual were a member of the Board at the beginning of the period, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a
result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; 

(iii) the consummation, commencing after the spin-off of the Company from Delphi
Automotive PLC, of a merger or consolidation of the Company or any of its subsidiaries with any other corporation or entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately
prior to such merger or consolidation continuing to represent (either by remaining outstanding or being converted into voting securities of the surviving entity or, if applicable, the ultimate parent thereof) at least 50% of the combined voting
power and total fair market value of the securities of the Company or such surviving entity or parent outstanding immediately after such merger or consolidation; or 

(iv) the consummation of any sale, lease, exchange or other transfer to any Person (other than an affiliate of the
Company), in one transaction or a series of related transactions within a 12-month period commencing after the spin-off of the Company from Delphi Automotive PLC, of all
or substantially all of assets of the Company and its subsidiaries. 
  

	8.	PLAN AMENDMENT, MODIFICATION, SUSPENSION OR TERMINATION 

 The Committee may, in its sole
discretion, at any time, amend, modify, suspend, or terminate this Plan provided that no such action shall (a) materially adversely affect the rights of an employee with respect to outstanding target awards or final awards under the Plan
without the consent of the affected employee, except to the extent any such amendment, modification, suspension or termination is made to cause the Plan to comply with applicable law, stock market or exchange rules and regulations or accounting or
tax rules and regulations or to impose any recoupment provisions on any award in accordance with paragraph 10(g), or (b) render any director of the Company who is not an employee at the date of grant eligible to be granted a target award. 

 

	9.	GOVERNING LAW 

 This Plan and all determinations made and actions taken pursuant hereto will be
governed by the laws of the State of New York, without giving effect to principles of conflict of laws, and construed accordingly. 
  

	10.	MISCELLANEOUS 

  

	(a)	No employee, participant or other person shall have any claim to be granted any award under the Plan, and there is no obligation for uniformity of treatment of employees, participants or holders or beneficiaries of
awards under the Plan. The grant of an award under the Plan shall not be construed as giving an employee the right to be retained in the employ of, or to continue to provide services to, the Company or any subsidiary. Further, the Company or the
applicable subsidiary may at any time dismiss an employee, free from any liability, or any claim under the Plan, unless otherwise expressly provided in the Plan. 

  

	(b)	All final awards which have been awarded in accordance with the provisions of the Plan will be paid as soon as practicable following the end of the related performance period but prior to March 15 of the following
year. If the Company has any unpaid claim against an employee arising out of or in connection with the employee’s employment with the Company, such claim may be offset against awards under the Plan. Such claim may include, but is not limited
to, unpaid taxes or corporate business credit card charges. 

  
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	(c)	All payments and distributions will be paid from the general assets of the Company. Nothing contained in the Plan, and no action taken pursuant to its provisions, will create or be construed to create a trust of any
kind or a fiduciary relationship between the Company and any employee, former employee, or any other person. 

  

	(d)	The expenses of administering this Plan will be borne by the Company. 

  

	(e)	Except as otherwise determined by the Committee, with the exception of transfer by will or the laws of descent and distribution, no target or final award is assignable or transferable and, during the lifetime of the
employee, any payment of any final award will only be made to the employee. 

  

	(f)	In the event of death, the executor(s) or administrator(s) of the employee’s estate, or such other person(s) as determined by a court of competent jurisdiction, may receive payment, in accordance with and subject
to the provisions of this Plan, provided the executor(s), administrator(s), or other person supplies documentation satisfactory to the Company to so act. Upon making such determination, the Company is relieved of any further liability regarding any
award to the deceased employee. 

  

	(g)	If the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under the securities laws, and if the
participant knowingly or grossly negligently engaged in the misconduct, or knowingly or grossly negligently failed to prevent the misconduct, or if the participant is one of the individuals subject to automatic forfeiture under Section 304 of
the United States Sarbanes-Oxley Act of 2002 (and not otherwise exempted), the participant shall reimburse the Company the amount of any payment in settlement of any award under the Plan earned or accrued during the twelve-month period following the
first public issuance or filing with the United States Securities and Exchange Commission (whichever first occurred) of the financial document not in compliance with such financial reporting requirement. Rights, payments and benefits under any award
under the Plan shall be subject to repayment to or recoupment (clawback) by the Company in accordance with such policies and procedures as the Committee or Board may adopt from time to time, including policies and procedures to implement applicable
law, stock market or exchange rules and regulations or accounting or tax rules and regulations. 

  

	(h)	With respect to awards subject to Section 409A of the Code, the Plan is intended to comply with the requirements of Section 409A of the Code, and the provisions of the Plan shall be interpreted in a manner
that satisfies the requirements of Section 409A of the Code, and the Plan shall be operated accordingly. If any provision of the Plan or any term or condition of any award would otherwise frustrate or conflict with this intent, the provision,
term or condition will be interpreted and deemed amended so as to avoid this conflict. If an amount payable under an award as a result of the participant’s termination of employment (other than due to death) occurring while the participant is a
“specified employee” under Section 409A of the Code constitutes a deferral of compensation subject to Section 409A of the Code, then payment of such amount shall not occur until six months and one day after the date of the
participant’s termination of employment, except as permitted under Section 409A of the Code. If an award includes a “series of installment payments” (within the meaning of
Section 1.409A-2(b)(2)(iii) of the Treasury Regulations), the participant’s right to the series of installment payments shall be treated as a right to a series of separate payments and not as a right
to a single payment. Notwithstanding the foregoing, the tax treatment of the benefits provided under the Plan is not warranted or guaranteed, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest or
other expenses that may be incurred by the participant on account of non-compliance with Section 409A of the Code. 

  

	(i)	By participating in the Plan, the participant consents to the holding and processing of personal information provided by the participant to the Company or any subsidiary, trustee or third party service provider, for all
purposes relating to the operation of the Plan. These include, but are not limited to: (i) administering and maintaining participant records; (ii) providing information to the Company, subsidiaries, trustees of any employee benefit trust,
registrars, brokers or third party administrators of the Plan; (iii) providing information to future purchasers or merger partners of the Company or any subsidiary, or the business in which the participant works; and (iv) transferring
information about the participant to any country or territory that may not provide the same protection for the information as the participant’s home country. 

  
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 Exhibit 10.11 

DELPHI TECHNOLOGIES PLC LEADERSHIP INCENTIVE PLAN 

The purpose of this Delphi Technologies PLC Leadership Incentive Plan (the “Plan”) is to enhance the Company’s ability
to attract and retain highly qualified executives, to provide additional financial incentives to such executives and to promote the success of the Company and its subsidiaries through awards of incentive compensation that satisfy the requirements
for performance-based compensation under Section 162(m) of the Code. 
 1. Administration of the Plan. 

(a) The Plan shall be administered by the Committee. The Committee shall be appointed by the Board and shall consist of not less than
three directors of the Board. To the extent necessary to comply with applicable regulatory regimes, any action by the Committee shall require the approval of Committee members who are (i) independent, within the meaning of and to the extent
required by applicable rulings and interpretations of the principal stock market or exchange on which the Shares are quoted or traded; (ii) each a non-employee director within the meaning of Rule 16b-3 under the Exchange Act; and (iii) each an outside director within the meaning of Section 162(m) of the Code. The Board may designate one or more directors as a subcommittee who may act for the
Committee if necessary to satisfy the requirements of this Section. The Committee may issue rules and regulations for administration of the Plan. 

(b) Subject to the terms of the Plan and applicable law, the Committee shall have full power and authority to: (i) designate
Participants; (ii) determine the amount of any Incentive Amount; (iii) determine whether, to what extent and under what circumstances Incentive Amounts may be settled or exercised in cash, Shares, other awards, other property, net
settlement or any combination thereof, or canceled, forfeited or suspended, and the method or methods by which Incentive Amounts may be settled, exercised, canceled, forfeited or suspended; (iv) determine whether, to what extent and under what
circumstances cash, Shares, other awards, other property and other amounts payable with respect to an Incentive Amount under the Plan shall be deferred either automatically or at the election of the holder thereof or of the Committee;
(v) interpret and administer the Plan and any instrument or agreement relating to, or Incentive Amount made under, the Plan; (vi) establish, amend, suspend or waive such rules and regulations and appoint such agents as it shall deem
appropriate for the proper administration of the Plan; and (vii) make any other determination and take any other action that the Committee deems necessary or desirable for the administration of the Plan. Such authority shall include the right
to exercise discretion to reduce, at any time prior to the payment thereof, the Incentive Amount payable to any Participant to any amount, including zero, that is below the Formula Amount; provided, however, that the exercise of such discretion with
respect to any Participant shall not have the effect of increasing the Incentive Amount payable to any other Participant. 
 (c) All
decisions of the Committee shall be final, conclusive and binding upon all parties, including the Company, its shareholders and Participants and any beneficiaries thereof. 

2. Participation and Performance Goals. Not later than the Applicable Deadline with respect to a Performance Period, the
Committee shall (a) designate the Eligible Executives who are Participants in the Plan for such Performance Period, and (b) affirm, in writing, the formula governing each such Participant’s Formula Amount for such Performance Period.
The “Applicable Deadline” shall mean the 90th day of the Performance Period (or such other time as may be required or permitted by Section 162(m) of the Code); provided, however, that in the event that the
Committee determines that an individual is eligible for the Plan after the end of such deadline because of commencement of employment or promotion resulting in the individual’s becoming an Eligible Executive during the Performance Period, the
Applicable Deadline shall mean 30 days following such determination (or, if earlier, prior to the expiration of 25% of the Performance Period to which such amount will relate). 

3. Adjustment for Extraordinary Items. The Committee shall adjust, to the extent permitted by Section 162(m) of the
Code, the level of Net Income for material items not originally contemplated in establishing the performance target for items resulting from discontinued operations, extraordinary gains and losses, the effect of changes in accounting standards or
principles, acquisitions or divestitures, changes in tax rules or regulations, capital transactions, restructuring, nonrecurring gains or losses or any other unusual items that are separately identified and quantified in the Company’s audited
financial statements. In all events, any adjustments to Net Income shall be made in a manner intended to satisfy the requirements of Section 162(m) of the Code. 

 4. Committee Certification. As soon as reasonably practicable after the end of
each Performance Period, but in no event later than March 15 following the end of such Performance Period, the Committee shall certify, in writing, the level of Net Income achieved for such Performance Period and the dollar amount of the
Formula Amount for each Participant in the Plan for such Performance Period. 
 5. Determination of Incentive Amount. At
any time before an Incentive Amount for a Performance Period is paid, the Committee may, in its sole discretion and taking into consideration such factors as it deems appropriate (which may include the degree to which objective and subjective
performance goals and other criteria have been attained for such Performance Period), determine to pay a Participant an Incentive Amount that is less than the Formula Amount, or to pay no Incentive Amount. The amount by which any Formula Amount is
reduced shall not be paid to any other Participant. 
 6. Payment of Incentive Amount. An Incentive Amount shall be paid
in cash, unrestricted or restricted Shares (which may be provided under a shareholder-approved equity plan of the Company, subject to the terms and conditions of such plan), or a combination of the foregoing. The payment of an Incentive Amount shall
be made at such time as the Committee determines in its sole discretion, which shall in no event be later than March 15 following the Performance Period to which such Incentive Amount relates unless the Committee, in its sole discretion,
provides for the deferral of an Incentive Amount under a nonqualified deferred compensation plan or program maintained by the Company, subject to the terms and conditions of such plan or program. 

7. AIP Awards. Notwithstanding any provision of the AIP, any Incentive Amount paid to any Participant pursuant to an award
under the AIP shall be subject to the limits established for such Participant in this Plan. Upon the Participant’s death or termination of employment or in the event of a Change in Control (as defined in the AIP), any awards held by
Participants under the AIP shall be treated in accordance with Sections 6 and 7 of the AIP. 
 8. No Right to Incentive or
Continued Employment. 
 (a) No employee, Participant or other person shall have any claim to be granted any Incentive Amount
under the Plan, and there is no obligation for uniformity of treatment of employees, Participants or holders or beneficiaries of Incentive Amounts under the Plan. The terms and conditions of Incentive Amounts need not be the same with respect to
each recipient. Any Incentive Amount granted under the Plan shall be a one-time award that does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make
available future grants under the Plan. 
 (b) The grant of an Incentive Amount shall not be construed as giving a Participant the
right to be retained in the employ of, or to continue to provide services to, the Company or any affiliate. Further, the Company or the applicable affiliate may at any time dismiss a Participant, free from any liability, or any claim under the Plan,
unless otherwise expressly provided in the Plan or in any other agreement binding the parties. The receipt of any Incentive Amount under the Plan is not intended to confer any rights on the receiving Participant. 

9. Withholding. The Company shall be authorized to withhold from any Incentive Amount granted or any payment due or
transfer made under any Incentive Amount or under the Plan or from any compensation or other amount owing to a Participant the amount (in cash, Shares, other awards, other property, net settlement or any combination thereof) of applicable
withholding taxes due in respect of an Incentive Amount, its exercise or settlement or any payment or transfer under such Incentive Amount or under the Plan and to take such other action (including providing for elective payment of such amounts in
cash or Shares by the Participant) as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes. 

10. Nontransferability. Except as may be permitted by the Committee, (a) no Incentive Amount and no right under any
Incentive Amount shall be assignable, alienable, saleable or transferable by a Participant otherwise than by will and (b) during a Participant’s lifetime, each Incentive Amount, and each right under any Incentive Amount, shall be
exercisable only by the Participant or, if permissible under applicable law, by the Participant’s guardian or legal representative; provided, however, that the Committee shall not permit any Incentive Amount to be transferred or
transferable to a third party for value or consideration without the approval of the Company’s shareholders. The provisions of this Section 10 shall not apply to any Incentive Amount that has been fully exercised or settled, as the case
may be, and shall not preclude forfeiture of an Incentive Amount in accordance with the terms thereof. 

  
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 11. Unfunded Plan. Neither the Plan nor any Incentive Amount shall create or
be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company and a Participant or any other person. To the extent that any person acquires a right to receive payments from the Company pursuant to an
Incentive Amount, such right shall be no greater than the right of any unsecured general creditor of the Company. 

12. Repayment/Forfeiture of Incentive Amount. If the Company is required to prepare an accounting restatement due to the
material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under the securities laws, and if the Participant knowingly or grossly negligently engaged in the misconduct, or knowingly or grossly
negligently failed to prevent the misconduct, or if the Participant is one of the individuals subject to automatic forfeiture under Section 304 of the United States Sarbanes-Oxley Act of 2002 (and not otherwise exempted), the Participant shall
reimburse the Company the amount of any payment of any Incentive Amount earned or accrued during the 12-month period following the first public issuance or filing with the United States Securities and Exchange
Commission (whichever first occurred) of the financial document not in compliance with such financial reporting requirement. Rights, payments and benefits under any Incentive Amount shall be subject to repayment to or recoupment (clawback) by the
Company in accordance with such policies and procedures as the Committee or Board may adopt from time to time, including policies and procedures to implement applicable law, stock market or exchange rules and regulations or accounting or tax rules
and regulations. To the extent such Incentive Amount was deferred under a nonqualified deferred compensation plan maintained by the Company rather than paid to the Participant, the amount deferred (and any earnings thereon) shall be forfeited. 

13. Adoption, Amendment, Suspension and Termination of the Plan. 

(a) The Plan shall be effective [            ],
20[    ] and shall continue in effect until terminated as provided below. 
 (b) Except to the extent
prohibited by applicable law, the Board may amend, alter, suspend, discontinue or terminate the Plan or any portion thereof at any time; provided, however, that no such amendment, alteration, suspension, discontinuation or termination
shall be made without shareholder approval, if such approval is required by applicable law or the rules of the stock market or exchange, if any, on which the Shares are principally quoted or traded or the consent of the affected Participant, if such
action would materially adversely affect the rights of such Participant under any outstanding Incentive Amount, except to the extent any such amendment, alteration, suspension, discontinuance or termination is made to cause the Plan to comply with
applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations or to impose any recoupment provisions on any Incentive Amounts in accordance with Section 12. Notwithstanding anything to the contrary in
the Plan, the Committee may amend the Plan in such manner as may be necessary to enable the Plan to achieve its stated purposes in any jurisdiction in a tax-efficient manner and in compliance with local laws,
rules and regulations. 
 (c) The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or
any Incentive Amount in the manner and to the extent it shall deem desirable to carry the Plan into effect. 
 14. Section
162(m). If any provision of this Plan would cause an Incentive Amount not to constitute “qualified performance-based compensation” under Section 162(m) of the Code, that provision shall be severed from, and shall be deemed not
to be a part of, the Plan, but the other provisions hereof shall remain in full force and effect. 
 15. Section 409A.
With respect to Incentive Amounts subject to Section 409A of the Code, the Plan is intended to comply with the requirements of Section 409A of the Code, and the provisions of the Plan shall be interpreted in a manner that satisfies the
requirements of Section 409A of the Code, and the Plan shall be operated accordingly. If any provision of the Plan or any term or condition of any Incentive Amount would otherwise frustrate or conflict with this intent, the provision, term or
condition will be interpreted and deemed amended so as to avoid this conflict. If an amount payable under an Incentive Amount as a result of the Participant’s termination of employment (other than due to death) occurring while the Participant
is a “specified employee” under Section 409A of the Code constitutes a deferral of compensation subject to Section 409A of the Code, then payment of such amount shall not occur until six months and one day after the date of the
Participant’s termination of employment, except as permitted under Section 409A of the Code. If an Incentive Amount includes a “series of installment payments” (within the meaning of
Section 1.409A-2(b)(2)(iii) of the Treasury Regulations), the Participant’s right to the series of installment payments shall be treated as a right to a series of separate payments and not as a right
to a single payment and if an Incentive Amount includes “dividend equivalents” (within the meaning of Section 1.409A-3(e) of 

  
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the Treasury Regulations), the Participant’s right to the dividend equivalents shall be treated separately from the right to other amounts under the Incentive Amount. Notwithstanding the
foregoing, the tax treatment of the benefits provided under the Plan is not warranted or guaranteed, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the
Participant on account of non-compliance with Section 409A of the Code. 

16. Governing Law. The Plan shall be governed by the laws of the state of New York, without application of the conflicts of
law principles thereof. 
 17. Definitions. As used herein, the following terms shall have the respective meanings
indicated: 
 (a) “AIP” shall mean the Delphi Technologies PLC Annual Incentive Plan, as amended from time to time.

 (b) “Board” shall mean the Board of Directors of the Company. 

(c) “Code” shall mean the United States Internal Revenue Code of 1986, as amended from time to time, and the rules,
regulations and guidance thereunder. Any reference to a provision in the Code shall include any successor provision thereto. 

(d) “Committee” shall mean the Compensation and Human Resources Committee of the Board or such other committee as may be
appointed by the Board to administer the Plan that is comprised of not less than two directors of the Company, each of whom is an “outside director” within the meaning of Section 162(m) of the Code and
Section 1.162-27(e)(3) of the Treasury Regulations. 
 (e) “Company”
shall mean Delphi Technologies PLC. 
 (f) “Eligible Executive” shall mean the Company’s Chief Executive Officer
and other executive officers of the Company who are or may be “covered employees” of the Company as defined in Section 162(m) of the Code. 

(g) “Exchange Act” shall mean the United States Securities Exchange Act of 1934, as amended from time to time, and the
rules, regulations and guidance thereunder. Any reference to a provision in the Exchange Act shall include any successor provision thereto. 

(h) “Fiscal Year” or “Fiscal Quarter” shall mean a fiscal year or fiscal quarter, respectively, of the
Company. 
 (i) “Formula Amount” shall mean, for each Participant, 1.0% of Net Income for the applicable Performance
Period. Notwithstanding the foregoing, (i) with respect to any Participant the Committee may in its sole discretion substitute within the applicable time frame described in Section 2 above a percentage smaller than 1.0% for purposes
of this definition, and (ii) in no event shall the amount awarded under the Plan for any Participant on account of any Fiscal Year exceed $[            ]. 

(j) “Incentive Amount” shall mean, for each Participant, an incentive to be paid under the Plan in the amount determined
by the Committee pursuant to Sections 5 and 6 above. 
 (k) “Net Income” shall mean, for any Fiscal Quarter or Fiscal
Year, the Net Income reported in the Company’s quarterly or annual earnings release, as applicable. In the event that the Company’s earnings release with respect to any Fiscal Year is delayed beyond March 15 of the following year, Net
Income for such Fiscal Year shall be determined in good faith by the Committee, subject to the requirements of Code Section 162(m). 

(l) “Participant” shall mean, with respect to any Performance Period, an Eligible Executive who is designated as a
Participant in the Plan for such Performance Period in accordance with Section 2. 
 (m) “Performance Period”
shall mean a Fiscal Year or any other period designated by the Committee with respect to which an award is granted under the Plan. In the event the Committee determines that an individual is first eligible for the Plan after the first day of a
Fiscal Year because of commencement of employment or promotion, the first Performance Period for such individual shall commence on the first day of the Fiscal Quarter coinciding with or following the day on which such individual first becomes
eligible for the Plan. 
 (n) “Shares” shall mean ordinary shares of the Company. 

  
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