Document:

EX-10.4

 Exhibit 10.4 

Ingredion Incorporated 

Stock Incentive Plan 

20     Restricted Stock Units Award Agreement 

Ingredion Incorporated (the “Company”) has granted you an award of Restricted Stock Units (the “Award”) under the Ingredion Incorporated
Stock Incentive Plan (the “Plan”). The Award represents the right to receive shares of Company Common Stock in the future. The grant date of the Award and the number of Restricted Stock Units covered by this Award are set forth in the
document you have received entitled “Notice of Grant of Restricted Stock Units”. The Notice of Grant of Restricted Stock Units and this Restricted Stock Units Award Agreement collectively constitute the Agreement relating to the Award.
This Award Agreement and the Plan together govern your rights under the Award and the Plan and set forth all of the conditions and limitations affecting such rights. 

Capitalized terms used in this Award Agreement shall have the meanings ascribed to them in the Plan or in this Award Agreement. If there is any inconsistency
between the terms of this Award Agreement and the terms of the Plan, except as otherwise expressly provided in the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Award Agreement. 

Overview of Your Grant 
  

	1.	General. Except as provided below, you shall not be entitled to any privileges of ownership with respect to the shares of Common Stock subject to the Award unless and until, and only to the extent, the Restricted
Stock Units subject to the Award are settled and you become a stockholder of record with respect to such shares as provided herein. The Company agrees to reserve and keep available, either in treasury or out of its authorized but unissued shares of
Common Stock, the full number of shares subject to the Award. 

  

	2.	Grant Date.                     , 20    . 

 

	3.	Vesting Period. The Restricted Stock Units awarded and/or credited under this Award Agreement will become fully vested on
                    , 20     (the “Vesting Date”). During the period beginning on the Grant Date and ending on the
Vesting Date (the “Vesting Period”) the Restricted Stock Units awarded and/or credited under this Award Agreement may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in
the Plan or this Award Agreement. If all of the terms and conditions of this Award Agreement and the Plan are met on the Vesting Date, subject to Section 11 of this Award Agreement, then you will be issued certificates for the number of shares
of Common Stock subject to the Restricted Stock Units then held by you which were issued and/or credited to you under this Award Agreement. The issuance shall occur upon the Vesting Date or as soon as administratively practicable thereafter (but in
no event later than thirty (30) days following the Vesting Date). Notwithstanding the effect that Section 5.8(a)(1) of the Plan would otherwise have, unless otherwise determined by the Committee, in the event of a Change in Control
pursuant to Section 5.8(b)(3) or (4) of the Plan in connection with which the holders of Common Stock receive shares of common stock that are registered under Section 12 of the Exchange Act (and, for the avoidance of doubt, not in the
event of a Change in Control to which Section 5.8(a)(2) of the Plan applies), the Restriction Period applicable to the Restricted Stock Units shall lapse as a result of such Change in Control only in the event you also terminate employment with
the Company or any of its Subsidiaries or affiliates for Good Reason, or if your employment is terminated by the Company or any of its Subsidiaries or affiliates without Cause, within two years following such Change in Control (the “Protection
Period”). In the event of such Change in Control pursuant to Section 5.8(b)(3) or (4) of the Plan in connection with which the holders of Common Stock receive shares of common stock that are registered under Section 12 of the
Exchange Act, there shall be substituted for each share of Common Stock relating to the Restricted Stock Units the number, type and class of shares into which each outstanding share of Common Stock shall be converted pursuant to such Change in
Control. 

 For purposes of the foregoing, “Good Reason” shall mean: 

(i) There has occurred a material reduction by the Company, a Subsidiary or affiliate in your base salary in effect immediately
before the beginning of the Protection Period or as increased from time to time thereafter; 
 (ii) The Company, a Subsidiary
or affiliate, without your written consent, has required you to be relocated anywhere in excess of thirty-five (35) miles from your office location immediately before the beginning of the Protection Period, except for required travel on the
business of the Company, a Subsidiary or affiliate to an extent substantially consistent with your business travel obligations immediately before the beginning of the Protection Period; or 

(iii) The Company or a Subsidiary has reduced in any manner which you reasonably consider important your title, job authorities
or responsibilities immediately before the beginning of the Protection Period. 
 You may exercise your right to terminate your employment
for Good Reason by giving the Company a written notice of termination specifying in reasonable detail the circumstances constituting such Good Reason. However, the Company shall have thirty (30) days to “cure” such that the
circumstances constituting such Good Reason are eliminated. Your employment shall terminate at the end of such thirty (30)-day period only if the Company has failed to cure such circumstances constituting the Good Reason. 

Your termination of employment within a Protection Period shall be for Good Reason if one of the occurrences specified in this Section 3
shall have occurred (and subject to the cure provision of the immediately preceding paragraph), notwithstanding that you may have other reasons for terminating employment, including employment by another employer which you desire to accept. 

 

	4.	Termination of Employment: In the event that you terminate employment with the Company, its affiliates, and/or its Subsidiaries for any reason, or in the event that the Company, its affiliates, and/or its
Subsidiaries terminates your employment with or without Cause, all of the unvested Restricted Stock Units you hold at the time your employment terminates shall be forfeited to the Company, subject to Section 3.3 of the Plan; provided, however,
that in the event your employment with the Company is terminated due to (a) death, (b) disability or (c) retirement on or after (A) age 65, (B) age 62 with a minimum of 5 years employment with or service to the Company or
its Subsidiaries or affiliates or (C) age 55 with a minimum of 10 years employment with or service to the Company or its Subsidiaries or affiliates (in the case of each termination described in (A), (B) or (C), a “Retirement”), a
prorated portion of the Restricted Stock Units awarded and/or credited under this Award Agreement shall vest. Such proration shall be calculated by multiplying the number of Restricted Stock Units awarded and/or credited under this Award Agreement
by a fraction, the numerator of which is the number of full months that have elapsed between the Grant Date and your termination date and the denominator of which is 36. Notwithstanding the foregoing, in the event of your Retirement on or after
February 3, 2017, the Restricted Stock Units shall continue to vest in accordance with Section 3 above. 

  

	5.	Voting Rights and Dividends. You do not have the right to vote any shares of Common Stock or to receive dividends on them prior to the date such shares are to be issued to you pursuant to the terms of this Award
Agreement. As of each date on which dividends are paid on the shares of Common Stock, the Company shall credit to the Award additional Restricted Stock Units, the number of which shall be determined by multiplying the amount of such dividend per
share of Common Stock by the number of shares of Common Stock then subject to the Award, and dividing the product thereof by the Fair Market Value of a share of Common Stock on the applicable dividend payment date. 

  
  

 
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	6.	Income Tax and Social Insurance Contribution Withholding: Prior to the issuance or delivery of any shares of Common Stock, the Company or the Subsidiary or affiliate that employs you (the “Employer”)
(if applicable) shall have the right to require you to pay any U.S. Federal, state, local or other taxes (including non-U.S. taxes, social insurance, payroll tax, payment on account or other tax-related withholding) (“Tax-Related Items”)
which may be required to be withheld or paid in connection with the Restricted Stock Units. Such obligation shall be satisfied either: 

(a) by the Company by withholding whole shares of Common Stock which would otherwise be delivered to you, having an aggregate
Fair Market Value determined as of the date the obligation to withhold or pay taxes arises in connection with the Restricted Stock Units (the “Tax Date”), or by the Company or Employer withholding an amount of cash which would otherwise be
payable to you, in the amount necessary to satisfy any such obligation; or 
 (b) by you by any of the following means:
(A) a cash payment to the Company or the Employer in the amount necessary to satisfy any such obligation, (B) delivery (either actual delivery or by attestation procedures established by the Company) to the Company of shares of Common
Stock having an aggregate Fair Market Value, determined as of the Tax Date, equal to the amount necessary to satisfy any such obligation, (C) authorizing the Company to withhold whole shares of Common Stock which would otherwise be delivered
having an aggregate Fair Market Value, determined as of the Tax Date, or withhold an amount of cash which would otherwise be payable to you, equal to the amount necessary to satisfy any such obligation, or (D) any combination of (A),
(B) and (C). 
 Shares of Common Stock to be delivered or withheld may not have an aggregate Fair Market Value, determined as of the Tax
Date, in excess of the amount determined by applying the minimum statutory withholding rate (as determined by the Company in good faith and in its sole discretion). Any fraction of a share of Common Stock which would be required to satisfy such an
obligation shall be disregarded and you shall pay the remaining amount in cash. 
 Regardless of any action the Company or the Employer (if
applicable) takes with respect to any or all Tax-Related Items, you acknowledge and agree that the ultimate liability for all Tax-Related Items legally due by you is and remains your responsibility and 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 Units or the shares of Common Stock issued upon vesting of the Units, and (ii) do not commit to structure the
terms of the Award (or any aspect of the Units) to reduce or eliminate your liability for Tax-Related Items. 
  

	7.	Change of Capitalization: If, prior to the time the restrictions imposed by Section 2 of this Award Agreement on the Restricted Stock Units awarded hereunder lapse, the Company shall be reorganized or
consolidated or merged with another corporation, the appropriate amount of any stock, securities or other property exchangeable for shares of Common Stock pursuant to such reorganization, consolidation or merger shall be appropriately substituted
for the shares of Common Stock then subject to the Restricted Stock Units issued and/or credited hereunder. 

  

	8.	Continuation of Employment: This Award Agreement shall not confer upon you any right to continuation of employment by the Company, its affiliates, and/or its Subsidiaries, nor shall this Award Agreement interfere
in any way with the Company’s, its affiliates’, and/or its Subsidiaries’ right to terminate your employment at any time, except to the extent expressly provided otherwise in a written agreement between you and the Company, an
affiliate or Subsidiary or prohibited by law. 

  

	9.	 No Right to Future Grants; No Right of Employment; Extraordinary Item: In accepting the grant, you acknowledge that: (a) the Plan is
established voluntarily by the Company, it is discretionary in nature and it may be modified, suspended or terminated by the Company at any time, as provided in the Plan and this Award Agreement; (b) the grant of the Restricted Stock Units is
voluntary and occasional and does not create any contractual or other right to receive future grants of Restricted Stock Units, or benefits in lieu of Restricted Stock Units, even if Restricted Stock Units have been granted repeatedly in the past;
(c) all decisions with respect to future grants, if any, will be at the sole discretion of the Company; (d) your participation in the Plan is voluntary; (e) the Restricted Stock Units and any

  
  

 
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Common Stock subject to the Restricted Stock Units are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance,
resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (f) the grant of Restricted Stock Units is provided for future services to the Company and its
Affiliates and is not under any circumstances to be considered compensation for past services; (g) in the event that you are an employee of an affiliate or Subsidiary of the Company, the grant will not be interpreted to form an employment
contract or relationship with the Company; and furthermore, the grant will not be interpreted to form an employment contract with the affiliate or Subsidiary that is your employer; (h) the future value of the underlying shares of Common Stock
is unknown and cannot be predicted with certainty; (i) no claim or entitlement to compensation or damages arises from forfeiture or termination of the Restricted Stock Units or diminution in value of the Restricted Stock Units or the shares of
Common Stock and you irrevocably release the Company, its affiliates and/or its Subsidiaries from any such claim that may arise; (j) in the event of involuntary termination of your employment, your right to receive Restricted Stock Units and
vest in Restricted Stock Units and/or Common Stock under the Plan, if any, will terminate in accordance with the terms of the Plan and will not be extended by any notice period mandated under local law; furthermore, your right to vest in the
Restricted Stock Units after such termination of employment, if any, will be measured by the date of termination of your active employment and will not be extended by any notice period mandated under local law; and (k) if you are resident or
employed outside the United States, neither the Company nor any of its Subsidiaries or affiliates shall be liable for any change in the value of the Restricted Stock Units, the amount realized upon settlement of the Restricted Stock Units or the
amount realized upon a subsequent sale of any shares of Common Stock, resulting from any fluctuation of the United States Dollar/local currency exchange rate. 

  

	10.	Requirements of Law: The granting of Restricted Stock Units under the Plan, and the issuance or delivery of any certificate or certificates for shares of Common Stock upon the vesting of Restricted Stock Units
shall be subject to, and conditioned upon, satisfaction of all applicable laws, rules, and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 

 

	11.	Alternative Form of Settlement in Non-U.S. Jurisdictions: Notwithstanding anything in the Agreement to the contrary, if you are resident or employed outside of the United States, the Company may, in its sole
discretion, settle the Restricted Stock Units in the form of a cash payment to the extent settlement in shares of Common Stock: (i) is prohibited under local law; (ii) would require you, the Company and/or its Subsidiaries or affiliates to
obtain the approval of any governmental and/or regulatory body in your country of residence (or country of employment, if different); (iii) would result in adverse tax consequences for you or the Company; or (iv) is administratively
burdensome. Alternatively, the Company may, in its sole discretion, settle the Restricted Stock Units in the form of shares of Common Stock but require you to sell such shares immediately or within a specified period following your termination of
employment (in which case, this Award Agreement shall give the Company the authority to issue sales instructions on your behalf). 

  

	12.	Compliance with Local Law: If you are resident or employed outside of the United States, as a condition to the grant of Restricted Stock Units, you agree to repatriate all payments attributable to the shares of
Common Stock and/or cash acquired under the Plan in accordance with local foreign exchange rules and regulations in your country of residence (and country of employment, if different). In addition, you agree to take any and all actions, and consent
to any and all actions taken by the Company and the Company’s Subsidiaries and affiliates, as may be required to allow the Company and the Company’s Subsidiaries and affiliates to comply with local laws, rules and regulations in your
country of residence (and country of employment, if different). Finally, you agree to take any and all actions as may be required to comply with your personal legal and tax obligations under local laws, rules and regulations in your country of
residence (and country of employment, if different). 

  

	13.	Employee Data Privacy. You hereby explicitly and unambiguously consent to the collection, use, processing and transfer, in electronic or other form, of your personal data as described in this document by and
among, as applicable, the Company, its affiliates and its Subsidiaries for the exclusive purpose of implementing, administering and managing your participation in the Plan. 

  
  

 
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 You understand that the Company (and/or the Employer, if applicable) holds certain personal
information about you, including, but not limited to, your name, home address and telephone number, date of birth, email address, family size, marital status, sex, beneficiary information, emergency contacts, passport/visa information, age, language
skills, drivers license information, nationality, C.V. (or resume), wage history, employment references, social insurance number, resident registration number or other identification number, salary, job title, employment or severance contract,
current wage and benefit information, personal bank account number, tax related information, plan or benefit enrollment forms and elections, option or benefit statements, any shares of stock or directorships in the company, details of all options or
any other entitlements to shares of stock awarded, canceled, purchased, vested, unvested or outstanding for purpose of managing and administering the Plan (“Data”). 

You understand that Data may be transferred to any third parties assisting in the implementation, administration and management of the Plan
including, but not limited to, the affiliates of the Company and/or Morgan Stanley Smith Barney LLC, or any successor. These third party recipients may be located in your country or elsewhere, and the recipient’s country may have different data
privacy laws and protections than your country. You understand that you may request a list with the names and addresses of any potential recipients of the Data by contacting Corporate Human Resources. 

You authorize the recipients to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of
implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data as may be required to a broker or other third party with whom you may elect to deposit any shares of Common Stock acquired. You
understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. 
 You
understand that you may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in
writing Corporate Human Resources. 
 You understand, however, that refusing or withdrawing your consent may affect your ability to
participate in the Plan. For more information on the consequences of your refusal to consent or withdrawal of consent, you understand that you may contact Corporate Human Resources. 

 

	14.	 Compliance with Section 409A of the Code. It is intended that this Award Agreement and the Plan be exempt from the provisions of
section 409A of the Code to the maximum extent permissible under law. To the extent section 409A of the Code applies to this Award Agreement and the Plan, it is intended that this Award Agreement and the Plan comply with the provisions of
section 409A of the Code. This Award Agreement and the Plan shall be administered and interpreted in a manner consistent with this intent. In the event that this Award Agreement or the Plan does not comply with section 409A of the Code (to
the extent applicable thereto), the Company shall have the authority to amend the terms of this Award Agreement or the Plan (which amendment may be retroactive to the extent permitted by section 409A of the Code and may be made by the Company
without your consent) to avoid excise taxes and other penalties under section 409A of the Code, to the extent possible. Notwithstanding the foregoing, no particular tax result for you with respect to any income recognized by you in connection
with this Award Agreement is guaranteed, and you solely shall be responsible for any taxes, penalties, interest or other losses or expenses incurred by you under section 409A of the Code in connection with this Award Agreement. To the extent
any amounts under this Award Agreement are payable by reference to your “termination of employment,” such term shall be deemed to refer to your “separation from service,” within the meaning of section 409A of the
Code. Notwithstanding any other provision in this Plan, if you are a “specified employee,” as defined in section 409A of the Code, as of the date of your separation from service, then to the extent any amount payable under this Award
Agreement (i) constitutes the payment of nonqualified deferred compensation, within the meaning of section 409A of the Code, (ii) is payable upon your separation from service and (iii) under the terms of this Award Agreement would be

  
  

 
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payable prior to the six-month anniversary of your separation from service, such payment shall be delayed until the earlier to occur of (a) the six-month anniversary of your separation from
service or (b) the date of your death. 

  

	15.	Administration: This Award Agreement and your rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as
the Board or the Committee may adopt for administration of the Plan. 

  

	16.	Not a Public Offering in Non-U.S. Jurisdictions: If you are resident or employed outside of the United States, neither the grant of the Restricted Stock Units under the Plan nor the issuance of the underlying
shares of Common Stock upon vesting of the Restricted Stock Units is intended to be a public offering of securities in your country of residence (and country of employment, if different). The Company has not submitted any registration statement,
prospectus or other filings to the local securities authorities in jurisdictions outside of the United States unless otherwise required under local law. 

  

	17.	Insider Trading/Market Abuse Laws. Your country of residence may have insider trading and/or market abuse laws that may affect your ability to acquire or sell shares of Common Stock under the Plan during
such times you are considered to have “inside information” (as defined in the laws in your country). These laws may be the same or different from any Company insider trading policy. You acknowledge that it is your responsibility to be
informed of and compliant with such regulations, and you are advised to speak to your personal advisor on this matter. 

  

	18.	Governing Law: All questions concerning the construction, validity and interpretation of this Award Agreement and the Plan shall be governed and construed according to the laws of the State of Delaware, without
regard to the application of the conflicts of laws provisions thereof. Any disputes regarding this Award or the Plan shall be brought only in the state or federal courts of the State of Delaware. 

 

	19.	Severability: The invalidity or unenforceability of any provision of the Plan or this Award Agreement will not affect the validity or enforceability of any other provision of the Plan or this Award Agreement, and
each provision of the Plan and this Award Agreement will be severable and enforceable to the extent permitted by law. 

  

	20.	Addendum to Award Agreement: Notwithstanding any provisions of this Award Agreement to the contrary, the Restricted Stock Units shall be subject to such special terms and conditions for your country of residence
(and country of employment, if different), as the Company may determine in its sole discretion and which shall be set forth in an addendum to these terms and conditions (the “Addendum”). If you transfer your residence and/or employment to
another country, any special terms and conditions for such country will apply to the Restricted Stock Units to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in
order to comply with local laws, rules and regulations, or to facilitate the operation and administration of the Award and the Plan (or the Company may establish additional terms and conditions as may be necessary or advisable to accommodate your
transfer). In all circumstances, the Addendum shall constitute part of these terms and conditions. 

  

	21.	Electronic Delivery: The Company may, in its sole discretion, decide to deliver any documents related to the Restricted Stock Units or other awards granted to you under the Plan by electronic means. You hereby
consent to receive such documents be electronic delivery and agree 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. 

 

	22.	English Language: If you are resident and/or employed outside of the United States, you acknowledge and agree that it is your express intent that the Award Agreement, the Plan and all other documents, notices and
legal proceedings entered into, given or instituted pursuant to the Restricted Stock Units, be drawn up in English. If you have received the Award Agreement, the Plan or any other documents related to the Restricted Stock Units translated into a
language other than English, and if the meaning of the translated version is different than the English version, the English version will control. 

  
  

 
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	23.	Additional Requirements: The Company reserves the right to impose other requirements on the Restricted Stock Units, any shares of Common Stock acquired pursuant to the Restricted Stock Units, and your
participation in the Plan, to the extent the Company determines, in its sole discretion, that such other requirements are necessary or advisable in order to comply with local laws, rules and regulations, or to facilitate the administration of the
Award and the Plan. Such requirements may include (but are not limited to) requiring you to sign any agreements or undertakings that may be necessary to accomplish the foregoing. 

 

	24.	Clawback Policy. This Award Agreement and the Restricted Stock Units are subject to the Company’s Policy on Recoupment of Incentive Compensation and any similar policy or policies that have been or may be
adopted by the Company. 

  

			
	Ingredion Incorporated
		
	By:	 	
		
		 	Diane J. Frisch
		
	Title:	 	Senior Vice President, Human Resources

*        *        *       
 *        * 

  
  

 
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 Ingredion Incorporated 

Addendum to the Restricted Stock Units Award Agreement 

In addition to the terms of the Plan and the Award Agreement, the Restricted Stock Units are subject to the following additional terms and conditions. All
defined terms contained in this Addendum shall have the same meaning as set forth in the Plan and the Award Agreement. Pursuant to Section 20 of the Award Agreement, if you transfer your residence and/or employment to another country reflected
in an Addendum, the additional terms and conditions for such country (if any) will apply to you to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to
comply with local laws, rules and regulations, or to facilitate the operation and administration of the Award and the Plan (or the Company may establish additional terms and conditions as may be necessary or advisable to accommodate your transfer).

 AUSTRALIA 
 Shareholder Approval Requirement.
Notwithstanding provision in the Award Agreement to the contrary, you will not be entitled to, and shall not claim, any benefit under the Plan (including, without limitation, a legal right as set forth in Section 4 of the Agreement) if the
provision of such benefit would give rise to a breach of Part 2D.2 of the Corporations Act 2001 (Cth), any other provision of that Act, or any other applicable statute, rule or regulation which limits or restricts the giving of such benefits.
Further, the Company’s affiliate in Australia is under no obligation to seek or obtain the approval of its shareholders for the purpose of overcoming any such limitation or restriction. 

BRAZIL 
 1. Labor Law Acknowledgment. You agree
that (i) the benefits provided under the Award Agreement and the Plan are the result of commercial transactions unrelated to your employment; (ii) the Award Agreement and the Plan are not a part of the terms and conditions of your
employment; and (iii) the income from the vesting of the Restricted Stock Units, if any, is not part of your remuneration from employment. 
 2.
Compliance with Law. By accepting the Resricted Stock Units, you agree to comply with applicable Brazilian laws and to pay any and all applicable taxes associated with the vesting of the Restricted Stock Units, the receipt of dividends and/or
the sale of Shares acquired under the Plan. 
 CANADA 

1. Settlement in Shares. Notwithstanding anything to the contrary in the Award Agreement, Addendum or the Plan, your Award shall be settled only in
shares of Common Stock (and may not be settled in cash). 
 2. Use of English Language. You acknowledge and agree that it is your express wish that
this Award Agreement, 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. Vous reconnaissez et consentez que c’est votre
souhait exprès qui cet accord, de meme que tous documents, toutes notifications et tous procédés légaux est entré dans, donné ou instituté conformément ci-annexé ou relatant directement
ou indirectement ci-annexé, est formulé dans l’anglais. 
 CHILE 

Private Placement. The following provision shall replace Section 16 of the Award Agreement: 

The grant of the Restricted Stock Units hereunder is not intended to be a public offering of securities in Chile but instead is intended to be a private
placement. 
  

	a)	The starting date of the offer will be the Grant Date (as defined in the “Award Agreement”), and this offer conforms to General Ruling no. 336 of the Chilean Superintendence of Securities and Insurance;

  
  

 
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	b)	The offer deals with securities not registered in the registry of securities or in the registry of foreign securities of the Chilean Superintendence of Securities and Insurance, and therefore such securities are not
subject to its oversight; 

  

	c)	The issuer is not obligated to provide public information in Chile regarding the foreign securities, as such securities are not registered with the Chilean Superintendence of Securities and Insurance; and

  

	d)	The foreign securities shall not be subject to public offering as long as they are not registered with the corresponding registry of securities in Chile. 

 

	a)	La fecha de inicio de la oferta será el de la fecha de otorgamiento (o “grant date”, según este término se define en el documento denominado “Award Agreement”) y esta
oferta se acoge a la norma de Carácter General n° 336 de la Superintendencia de Valores y Seguros Chilena; 

  

	b)	La oferta versa sobre valores no inscritos en el registro de valores o en el registro de valores extranjeros que lleva la Superintendencia de Valores y Seguros Chilena, por lo que tales valores no están
sujetos a la fiscalización de ésta; 

  

	c)	Por tratar de valores no inscritos no existe la obligación por parte del emisor de entregar en Chile información pública respecto de esos valores; y 

 

	d)	Esos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el registro de valores correspondiente. 

MEXICO 
 1. Commercial Relationship. You expressly
recognize that your participation in the Plan and the Company’s grant of the Restricted Stock Units does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units as a consequence of
the commercial relationship between the Company and the Company’s affiliate in Mexico that employs you, and the Company’s local affiliate in Mexico is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan
and the benefits you may derive from your participation in the Plan does not establish any rights between you and the Company’s affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in
the Plan are not part of the employment conditions and/or benefits provided by the Company’s affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the
Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s affiliate in Mexico that employs you. 

2. Extraordinary Item of Compensation. You expressly recognize and acknowledge that your participation in the Plan is a result of the discretionary and
unilateral decision of the Company, as well as your free and voluntary decision to participate in the Plan in accordance with the terms and conditions of the Plan, the Award Agreement and this Addendum. As such, you acknowledge and agree that the
Company may, in its sole discretion, amend and/or discontinue your participation in the Plan at any time and without any liability. The value of this Award is an extraordinary item of compensation outside the scope of your employment contract, if
any. This Award is not part of your regular or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits, or any similar payments,
which are the exclusive obligations of the Employer. 
 SINGAPORE 

Securities Law Information. The grant this Award under the Plan is being made pursuant to the “Qualifying Person” exemption under section
273(1)(f) of the Securities and Futures Act (Chapter 289, 2006 Ed.) (the “SFA”). The Plan has not been and will not be lodged or registered as a prospectus with the Monetary Authority of Singapore and is not regulated by any financial
supervisory authority pursuant to any legislation in Singapore. Accordingly, statutory liability under the SFA in relation to the content of prospectuses would not apply. You should note that, as a result, the Award is subject to section 257 of
the SFA and you will not be able to make: (a) any subsequent sale of the shares of Common Stock underlying the Award in Singapore; or (b) any offer of such subsequent sale of the shares of Common Stock subject to
the Award in Singapore, unless such sale or offer is made pursuant to the exemptions under Part XIII Division 1 Subdivision (4) (other than section 280) of the SFA. 

  
  

 
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 SOUTH AFRICA 

1. Withholding Taxes. The following provision supplements Section 10 of the Award Agreement: 

By accepting the Restricted Stock Units, you agree to notify the Employer of the amount of any gain realized upon vesting of the Restricted Stock Units. If
you fail to advise the Employer of the gain realized upon vesting of the Restricted Stock Units, you may be liable for a fine. You will be responsible for paying any difference between the actual tax liability and the amount withheld. 

2. Exchange Control Obligations. You are solely responsible for complying with applicable exchange control regulations and rulings (the “Exchange
Control Regulations”) in South Africa. As the Exchange Control Regulations change frequently and without notice, you should consult your legal advisor prior to the acquisition or sale of Shares under the Plan to ensure compliance with current
Exchange Control Regulations. Neither the Company nor any of its Subsidiaries or affiliates will be liable for any fines or penalties resulting from your failure to comply with applicable laws. 

3. Securities Law Information and Acceptance of the Restricted Stock Units. Neither the Restricted Stock Units nor the underlying Shares shall be
publicly offered or listed on any stock exchange in South Africa. The offer is intended to be private pursuant to Section 96 of the Companies Act and is not subject to the supervision of any South African governmental authority. 

The Restricted Stock Units offer must be finalized on or before the 60th day following the Grant Date. If you do not want to accept the Restricted Stock
Units, you must decline the Restricted Stock Units no later than the 60th day following the Grant Date. If you do not decline the Restricted Stock Units on or before the 60th day following the Grant Date, you will be deemed to accept the
Restricted Stock Units. 
 SOUTH KOREA 
 Employee
Data Privacy. By accepting this Award Agreement: 
  

	 	1.	I agree to the collection, use, processing and transfer of Data as described in Section 13 of the Award Agreement; and 

  

	 	2.	I agree to the processing of my unique identifying information (resident registration number) as described in Section 13 of the Award Agreement. 

UNITED KINGDOM 
 1. Income Tax and Social Insurance
Contribution Withholding. The following provision supplements Section 6 of the Award Agreement: 
 If payment or withholding of the
income tax due in connection with the Restricted Stock Units is not made within ninety (90) days after the end of the U.K. tax year in which the event giving rise to the income tax liability occurs or such other period specified in
Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due Date”), the amount of any uncollected income tax paid by the Employer shall constitute a loan owed by you to the Employer, effective as of the Due
Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately due and repayable, and the Company or the Employer may recover it at any
time thereafter by any of the means referred to in Section 6 of the Award Agreement. Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and
Exchange Act of 1934, as amended), you shall not be eligible for a loan from the Company or the Employer to cover the income tax liability. In the event that you are a director or executive officer of the Company and the income tax is not collected
from or paid by you by the Due Date, the payment of any uncollected income tax and employee 

  
  

 
 10 

 
national insurance contributions (“NICs”) by the Employer may constitute a benefit to you (the “Tax Benefit”) on which additional income tax and NICs will be payable. If you
are a director or executive officer of the Company, you will be responsible for paying and reporting any income tax due on the Tax Benefit directly to HMRC under the self-assessment regime, and the Employer will hold you liable for the Tax Benefit
and the cost of any employee NICs due on the Tax Benefit that the Company or the Employer was obligated to pay and paid. The Company or the Employer (as applicable) may recover the Tax Benefit and the cost of any such employee NICs from you at any
time by any of the means referred to in Section 6 of the Award Agreement. 
 2. Exclusion of Claim. You acknowledge and agree that you will have
no entitlement to compensation or damages insofar as such entitlement arises or may arise from your ceasing to have rights under or to be entitled to the Award, whether or not as a result of the termination of your employment with the Company or its
Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the Award. Upon the grant of the Restricted Stock Units, you shall be deemed irrevocably
to have waived any such entitlement. 

*        *        *       
 *        * 

  
  

 
 11Exhibit 10.1

 

 

Brad Mitchell

101 Colorado St.

Apt. 3007

Austin, TX 78701

 

Appointment Letter Agreement – FTE
Networks, Inc. Board of Directors

 

Dear Mr. Mitchell:

 

We are pleased to tell you that the Board of Directors (the
"Board") of FTE Networks, Inc. (the "Company") has elected you to serve as a member of the Board commencing
from February 8, 2016.

 

		1.	Your Duties:

 

		a)	You will be expected to attend (either in person or by teleconference) all regular meetings of the Board, of which we expect
to hold approximately four to six per annum, as well as to attend (either in person or by teleconference), if feasible, any special
meetings of the Board and to sign all written consents if you deem appropriate. In addition, you will be expected to perform such
other duties as are reasonably contemplated by your holding office as a director of the Company or which may reasonably be assigned
to you by the Board from time to time, including Committee(s) membership.

 

		b)	As a director you will at all times act as a fiduciary in the service of the best interests of the Company. In addition, you
agree to (i) provide all information regarding yourself as the Company requires to satisfy its disclosure obligations under applicable
securities laws; and (ii) timely file with the Securities and Exchange Commission all reports and schedules required of you in
your personal capacity by virtue of your relationship with the Company (e.g., Forms 3, 4 and 5 as contemplated by Section 16(a)
of the Securities Exchange Act of 1934). The Company will provide the necessary forms to you and will assist you to file the required
reports and schedules.

 

		c)	As you will appreciate, your time commitment will ultimately be a function of the matters confronting the Company from time
to time and matters properly requiring your attention as a director of the Company.

 

		d)	You shall comply with all the fiduciary-duty obligations of a director as imposed by Nevada law. Without limitation, you specifically
agree not to, during the time of your service on the Company's Board, serve as a director of or a consultant to any of the companies
listed on Exhibit A hereto. Subject to your fiduciary-duty obligations as a director as imposed by Nevada Law, this Letter does
not otherwise restrict you from accepting appointment as a director of any other company, providing consulting services, becoming
employed by or engaging in any other business or other activity whatsoever.

 

    	- 1 -

     

    

 

 

		2.	Remuneration:

 

		a)	Annual Options: The Company expects to provide you and other outside directors, for service on the Board, stock in the form
of (i) 2,500 shares of Series F Preferred Stock and (ii) an annual grant of 5,000 five-year stock options under the Company's 2016
Stock Plan with an exercise price equal to the mean average of the closing sale prices of Company common stock for the 10 trading
days immediately before the date of grant (or, the date-of-grant closing sale price of Company common stock on any national securities
exchange on which Company common stock is listed, if it has become so listed), which annual options would vest in one lump amount
immediately upon grant, subject to continuation of service. Such stock options shall remain exercisable until the earlier of the
scheduled expiration date or 18 months after the cessation of service, whichever is sooner.

 

		b)	Cash: You shall receive an annual cash stipend at a rate of $10,000, payable on the last day of fiscal quarter 4, for your
service on the Board.

 

		c)	Expenses: Subject to you providing the Company with receipts or other evidence of payment, the Company will pay for or reimburse
you for all travelling, hotel and other expenses reasonably incurred by you in connection with attending and returning from Board
or Committee meetings, or otherwise, in connection with the Company's business. "Reasonable" air travel expenses assume
economy class for flights under 4 hours and business class for flights over 4 hours.

 

		3.	Termination of Director Status:

 

		a)	Your status as a Director may be terminated at any time by the vote of the stockholders of the Company (including any failure
to elect you for an ensuing term at any annual meeting of stockholders) in accordance with the certificate of incorporation and
bylaws of the Company. Any such termination will not affect your rights under options that have become vested, subject to the post-service
exercisability period.

 

		b)	You acknowledge and agree that if the stockholders of the Company terminate your status as a Director (including any failure
to elect you for an ensuing term at any annual meeting of stockholders), you will have no claim of any kind, other than indemnity
claims, against the Company by reason of the termination.

 

    	- 2 -

     

    

 

 

		c)	You are at liberty to resign from the Board at any time by notice in writing to the Company.

 

		4.	What happens after termination of Director Status?

 

		a)	If your Director status is terminated for any reason or you resign for any reason:

 

		b)	The Company may set off any amounts you owe the Company against any amounts the Company owes to you as a Director at the date
of termination except for amounts the Company is not entitled by law to set off;

 

		c)	You must return all the Company’s property (including property leased by the Company) to the Company on termination including
all written or machine readable material, software, computers, credit cards, keys and vehicles; and

 

		d)	You shall return to the Company all confidential information and documentation (including any copies thereof) regarding the
Company and its affiliates (including confidential information of third parties entrusted to the Company) within 5 days following
the Company’s request to delete or destroy any electronic or written information relating to the Company, as shall be requested
by the Company.

 

		5.	Confidential Information:

 

		a)	You acknowledge and agree that during your service with the Company, you will receive confidential information regarding the
Company and its affiliates (including confidential information of third parties entrusted to the Company) and that you will not
disclose any such information to any other party nor use for your own benefit or for the benefit or for the benefit of any third
person any of the confidential information so obtained at any time during or after the term of your service with the Company without
the Company’s prior written consent.

 

		b)	You recognize and affirm that in the event of your breach of any provision of this Section 5, money damages would be inadequate
and the Company and its subsidiaries would have no adequate remedy at law. Accordingly, you agree that in the event of a breach
or threatened breach by you of the provisions of this Section 5, the Company, in addition and supplementary to any other rights
and remedies existing in its favor, may apply to any court of law or equity of competent jurisdiction for specific performance
and/or injunctive r other relief in order to enforce or prevent any violations of the provisions hereof (without posting a bond
or other security).

 

    	- 3 -

     

    

 

 

		6.	Protection:

 

		a)	During the term of your engagement hereunder, the Company will procure and maintain directors’ and officers’ liability
insurance policies with a minimum of $2,000,000 Aggregate Limit, and to ensure you are included as an insured thereunder.

 

		b)	The Company will enter into a standard and customary Indemnification Agreement with you on terms reasonably acceptable to you
which will provide for (i) your indemnification by the Company to the fullest extent permitted by law for all acts and/or omissions
directly and/or indirectly related to any services provided by you to the Company and (ii) a continuing obligation for the payment
of your expenses in the event any action and/or investigation in commenced regarding any acts/or omissions directly and/or indirectly
related to any services provided to you by the Company, including any action and/or investigation that begins after your service
as a Director has ended.

 

		7.	Miscellaneous:

 

		a)	Alterations: This Letter cannot be amended except in writing signed by each party.

 

		b)	Entire Agreement: This Letter constitutes the entire agreement between the parties in connection with its subject matter and
supersedes all previous agreements or understandings between the parties in connection with its subject matter.

 

		c)	Further Action: Each party must do, at its own expense, everything reasonably necessary (including executing documents) to
give full effect to the performance of his/its obligations under this Letter and the transactions contemplated by it.

 

		d)	Waiver: A party does not waive a right, power or remedy (or any other right, power or remedy) if it fails to exercise or delays
in exercising the right, power or remedy. A single or partial exercise of a right, power or remedy does not prevent another of
further exercise of that or another right, power or remedy. A waiver of a right, power or remedy must be in writing and signed
by the party giving the waiver.

 

		e)	Relationship: This Letter does not create a relationship of employment, agency or partnership between parties. Unless the Board
adopts a specific resolution so providing, you do not have authority to bind the Company to any contract or commitment; and you
agree not to purport to do so.

 

    	- 4 -

     

    

 

 

		f)	Governing Law: This Letter shall be governed by and construed in accordance with the laws of Florida (without giving effect
to choice of law principles or rules thereof that would cause the application to the laws of any jurisdiction other than Florida).

 

		g)	Severability: Any provision of this Letter which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective only to the extent of such prohibition or unenforceability without invalidating or affecting the remaining provisions
hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdictions.

 

		h)	Counterparts: This Letter may be executed in counterparts. All executed counterparts constitute one document.

 

IN WITNESS WHEREOF, the parties hereto have
duly executed this Agreement as of the date set forth below.

 

	DIRECTOR	 	FTE NETWORKS, INC.
	 	 	 
	By:  /s/ Brad Mitchell	 	By:  /s/ Michael Palleschi
	 	 	 
	Brad Mitchell	 	Michael Palleschi, CEO
	101 Colorado St. Apt. 3007	 	999 Vanderbilt Beach Rd.
	Austin, TX 78701	 	Suite 601
	 	 	Naples, Florida 34108
	Date: 02/08/16	 	Date: 02/08/16

 

    	- 5 -

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