Document:

EX-10.17

 Exhibit 10.17 

CAMBIUM NETWORKS CORPORATION 

2019 SHARE INCENTIVE PLAN 

I. INTRODUCTION 
 1.1
Purposes. The purposes of the Cambium Networks Corporation 2019 Share Incentive Plan (this “Plan”) are (i) to align the interests of the Company’s shareholders and the recipients of awards under this Plan by
increasing the proprietary interest of such recipients in the Company’s growth and success, (ii) to advance the interests of the Company by attracting and retaining Non-Employee Directors, officers,
other employees, consultants, independent contractors and agents, and (iii) to motivate such persons to act in the long-term best interests of the Company and its shareholders. 

1.2 Certain Definitions. 

“Agreement” means the written or electronic agreement evidencing an award under this Plan between the
Company and the recipient of such award. 
 “Board” means the Board of Directors of the Company. 

“Change in Control” has the meaning set forth in Section 5.8(c). 

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

“Committee” means the committee designated by the Board to administer the Plan, or a subcommittee
thereof, in each case, consisting of two or more members of the Board, each of whom is intended to be (i) a “Non-Employee Director” within the meaning of Rule
16b-3 under the Exchange Act and (ii) “independent” within the meaning of the rules of the NASDAQ Global Market, or if the Ordinary Shares are not listed on the NASDAQ Global Market, within the
meaning of the rules of the principal stock exchange on which the Ordinary Shares are then traded; provided, however, if no committee is designated by the Board to administer the Plan, then the Board shall serve as the Committee. 

“Company” means Cambium Networks Corporation, an exempted company incorporated with limited liability
under the laws of the Cayman Islands, or any successor thereto. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended. 
 “Fair Market Value” means the closing transaction price of an
Ordinary Share as reported on the NASDAQ Global Market on the date as of which such value is being determined or, if the Ordinary Shares are not listed on the NASDAQ Global Market, the closing transaction price of an Ordinary Share on the principal
national stock exchange on which the Ordinary Shares are traded on the date as of which such value is being determined or, if there are no reported transactions for such date, on the next preceding date for which transactions were

 
reported; provided, however, that if the Ordinary Shares are not listed on a national stock exchange, or if Fair Market Value for any date cannot be so determined, Fair Market Value
shall be determined by the Committee by whatever means or method as the Committee, in the good faith exercise of its discretion, shall at such time deem appropriate and in compliance with Section 409A of the Code; provided,
further, in the case of grants made in connection with the Initial Public Offering, Fair Market Value shall mean the price per share at which the Ordinary Shares are initially offered for sale to the public by the Company’s underwriters
in the Initial Public Offering. 
 “Free-Standing SAR” means an SAR that is not granted in tandem
with, or by reference to, an option, which entitles the holder of such SAR to receive, upon exercise, Ordinary Shares (which may be Restricted Shares), or to the extent set forth in the applicable Agreement, cash or a combination thereof, with an
aggregate value equal to the excess of the Fair Market Value of one Ordinary Share on the date of exercise over the base price of such SAR, multiplied by the number of such SARs that are exercised. 

“Incentive Share Option” means an option to purchase Ordinary Shares that meets the requirements of
Section 422 of the Code, or any successor provision, that is intended by the Committee to constitute an Incentive Share Option. 

“Initial Public Offering” means an initial public offering of the Company registered on Form S-1 (or any successor form under the Securities Act of 1933, as amended). 
 “Non-Employee Director” means any director of the Company who is not an officer or employee of the Company or any Subsidiary. 

“Nonqualified Share Option” means an option to purchase Ordinary Shares that is not an Incentive Share
Option. 
 “Ordinary Shares” means the ordinary shares, par value $0.0001 per share, of the Company,
and all rights appurtenant thereto. 
 “Other Share Award” means an award granted pursuant to
Section 3.4 of the Plan. 
 “Performance Award” means a right to receive an
amount of cash, Ordinary Shares, or a combination of both, contingent upon the attainment of specified Performance Measures within a specified Performance Period. 

“Performance Measures” means the criteria and objectives, established by the Committee, that must be
satisfied or met (i) as a condition to the grant or exercisability of all or a portion of an option or SAR or (ii) during the applicable Restriction Period or Performance Period as a condition to the vesting of the holder’s interest,
in the case of a Restricted Share Award, of the Ordinary Shares subject to such award, or in the case of a Restricted Share Unit Award, Other Share Award, or Performance Award, to the holder’s receipt of the Ordinary Shares subject to such
award or of payment with respect to such award. Such criteria and objectives may include one or more of the following corporate-wide or subsidiary, division, operating unit, line of business, project, geographic or individual measures: the
attainment by an Ordinary Share of a specified Fair Market Value for a specified period of time; increase in 

  
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shareholder value; earnings per share; return on or net assets; return on equity; return on investments; return on capital or invested capital; total shareholder return; earnings or income of the
Company before or after taxes and/or interest; earnings before interest, taxes, depreciation and amortization (“EBITDA”); EBITDA margin; operating income; revenues; operating expenses, attainment of expense levels or cost reduction
goals; market share; cash flow, cash flow per share, cash flow margin or free cash flow; interest expense; gross profit or margin or contribution margin; operating profit or margin; net cash provided by operations; price-to-earnings growth; and strategic business criteria, consisting of one or more objectives based on meeting specified goals relating to market penetration, customer acquisition, business expansion, cost
targets, bookings linearity, product release, and acquisitions or divestitures, and any other goal selected by the Committee whether or not listed herein, or any combination of the foregoing. Each such goal may be expressed on an absolute or
relative basis and may include comparisons based on current internal targets, the past performance of the Company (including the performance of one or more subsidiaries, divisions, or operating units) or the past or current performance of other
companies or market indices (or a combination of such past and current performance). In addition to the ratios specifically enumerated above, performance goals may include comparisons relating to capital (including, but not limited to, the cost of
capital), shareholders’ equity, shares outstanding, assets or net assets, sales, or any combination thereof. The applicable performance measures may be applied on a pre- or
post-tax basis and may be adjusted to include or exclude components of any performance measure, including, without limitation, foreign exchange gains and losses, asset writedowns, acquisitions and
divestitures, change in fiscal year, unbudgeted capital expenditures, special charges such as restructuring or impairment charges, debt refinancing costs, extraordinary or noncash items, unusual, infrequently occurring, nonrecurring or one-time events affecting the Company or its financial statements or changes in law or accounting principles (“Adjustment Events”). In the sole discretion of the Committee, the Committee may amend
or adjust the Performance Measures or other terms and conditions of an outstanding award in recognition of any Adjustment Events. Performance goals shall be subject to such other special rules and conditions as the Committee may establish at any
time. 
 “Performance Period” means any period designated by the Committee during which (i) the
Performance Measures applicable to an award are measured and (ii) the conditions to vesting applicable to an award remain in effect. 

“Restricted Shares” means Ordinary Shares that are subject to a Restriction Period and that may
additionally be subject to the attainment of specified Performance Measures within a specified Performance Period. 

“Restricted Share Award” means an award of Restricted Shares under this Plan. 

“Restricted Share Unit” means a right to receive one Ordinary Share, or in lieu thereof and to the
extent set forth in the applicable Agreement, the Fair Market Value of such Ordinary Share in cash, that is contingent upon the expiration of a specified Restriction Period and that may additionally be contingent upon the attainment of specified
Performance Measures within a specified Performance Period. 

  
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 “Restricted Share Unit Award” means an award of
Restricted Share Units under this Plan. 
 “Restriction Period” means any period designated by the
Committee during which (i) the Ordinary Shares subject to a Restricted Share Award may not be sold, transferred, assigned, pledged, hypothecated, or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating
to such award, or (ii) the conditions to vesting applicable to a Restricted Share Unit Award or Other Share Award remain in effect. 

“SAR” means a share appreciation right, which may be a
Free-Standing SAR or a Tandem SAR. 
 “Share Award” means a
Restricted Share Award, Restricted Share Unit Award, or Other Share Award. 
 “Subsidiary” means any
corporation, limited liability company, partnership, joint venture, or similar entity in which the Company owns, directly or indirectly, an equity interest possessing more than 50% of the combined voting power of the total outstanding equity
interests of such entity. 
 “Substitute Award” means an award granted under this Plan upon the
assumption of, or in substitution for, outstanding equity awards previously granted by a company or other entity in connection with a corporate transaction, including a merger, combination, consolidation, or acquisition of property or shares, or
upon the substitution of Restricted Share Awards for Class B Units and Restricted Share Unit Awards for phantom incentive units in connection with the Initial Public Offering; provided, however, that in no event shall the term
“Substitute Award” be construed to refer to an award made in connection with the cancellation and repricing of an option or SAR.  

“Tandem SAR” means an SAR that is granted in tandem with, or by reference to, an option (including a
Nonqualified Share Option granted prior to the date of grant of the SAR), which entitles the holder of such SAR to receive, upon exercise of such SAR and surrender for cancellation of all or a portion of such option, Ordinary Shares (which may be
Restricted Shares), or to the extent set forth in the applicable Agreement, cash or a combination thereof, with an aggregate value equal to the excess of the Fair Market Value of one Ordinary Share on the date of exercise over the base price of such
SAR, multiplied by the number of Ordinary Shares subject to such option, or portion thereof, that is surrendered. 
 “Tax
Date” has the meaning set forth in Section 5.5. 
 “Ten Percent
Holder” has the meaning set forth in Section 2.1(a). 
 1.3 Administration. This Plan
shall be administered by the Committee. Any one or a combination of the following awards may be made under this Plan to eligible persons: (i) options to purchase Ordinary Shares in the form of Incentive Share Options or Nonqualified Share
Options; (ii) SARs in the form of Tandem SARs or Free-Standing SARs; (iii) Share Awards in the form of Restricted Shares, Restricted Share Units or Other Share Awards; and (iv) Performance
Awards. The Committee shall, subject to the terms of this Plan, select eligible 

  
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persons for participation in this Plan and determine the form, amount, and timing of each award to such persons, and if applicable, the number of Ordinary Shares subject to an award, the number
of SARs, the number of Restricted Share Units, the dollar value subject to a Performance Award, the purchase price or base price associated with the award, the time and conditions of exercise or settlement of the award, and all other terms and
conditions of the award, including without limitation the form of the Agreement evidencing the award. The Committee may, in its sole discretion and for any reason at any time, take action such that (i) any or all outstanding options and SARs
shall become exercisable in part or in full; (ii) all or a portion of the Restriction Period applicable to any outstanding awards shall lapse; (iii) all or a portion of the Performance Period applicable to any outstanding awards shall
lapse; and (iv) the Performance Measures (if any) applicable to any outstanding awards shall be deemed to be satisfied at the target, maximum, or any other level. The Committee shall, subject to the terms of this Plan, interpret this
Plan and the application of this Plan, establish rules and regulations it deems necessary or desirable for the administration of this Plan, and may impose, incidental to the grant of an award, conditions with respect to the award, such as limiting
competitive employment or other activities. All such interpretations, rules, regulations, and conditions shall be conclusive and binding on all parties. 

The Committee may delegate some or all of its power and authority under this Plan to the Board (or any members of the Board), or subject to
applicable law, to a subcommittee of the Board, a member of the Board, the Chief Executive Officer, or other executive officer of the Company as the Committee deems appropriate; provided, however, that the Committee may not delegate
its power and authority to a member of the Board, the Chief Executive Officer, or other executive officer of the Company with regard to the selection for participation in this Plan of an officer, director, or other person subject to Section 16
of the Exchange Act or decisions concerning the timing, pricing, or amount of an award to such an officer, director, or other person. 
 No
member of the Board or Committee, and neither the Chief Executive Officer nor any other executive officer to whom the Committee delegates any of its power and authority under this Plan, shall be liable for any act, omission, interpretation,
construction, or determination made in connection with this Plan in good faith, and the members of the Board and the Committee and the Chief Executive Officer or other executive officer shall be entitled to indemnification and reimbursement by the
Company with respect to any claim, loss, damage, or expense (including attorneys’ fees) arising therefrom to the full extent permitted by law (except as otherwise may be provided in the Company’s Certificate of Incorporation and/or By-laws) and under any directors’ and officers’ liability insurance that may be in effect from time to time. 

1.4 Eligibility. Participants in this Plan shall consist of such officers, other employees,
Non-Employee Directors, consultants, independent contractors, agents, and persons expected to become officers, other employees, Non-Employee Directors, consultants,
independent contractors, and agents of the Company and its Subsidiaries as the Committee in its sole discretion may select from time to time. Participants shall also consist of persons to whom Restricted Share Awards are granted in substitution for
Class B Units in Vector Cambium Holdings, L.P. or Restricted Share Unit Awards are granted in substitution for unvested phantom incentive units with respect to Vector Cambium Holdings, L.P, in each case, in connection with the transactions
relating to the Initial Public Offering. The Committee’s selection of a person to 

  
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participate in this Plan at any time shall not require the Committee to select such person to participate in this Plan at any other time. Except as otherwise provided for in an Agreement, for
purposes of this Plan, references to employment by the Company also mean employment by a Subsidiary, and references to employment include service as a Non-Employee Director, consultant, independent contractor,
or agent. The Committee shall determine, in its sole discretion, the extent to which a participant shall be considered employed during an approved leave of absence. Notwithstanding anything in this Plan to the contrary, the aggregate value of cash
compensation and the grant date fair value of Ordinary Shares that may be paid or granted during any fiscal year of the Company to any Non-Employee Director shall not exceed $1,000,000. 

1.5 Shares Available. Subject to adjustment as provided in Section 5.7 and to all other limits set forth
in this Plan, 3,400,000 Ordinary Shares shall initially be available for all awards under this Plan, other than Substitute Awards. Subject to adjustment as provided in Section 5.7, no more than 3,400,000 Ordinary Shares in
the aggregate may be issued under the Plan in connection with Incentive Share Options. The number of Ordinary Shares available under the Plan shall increase annually on the first day of each fiscal year, beginning with the fiscal year ending
December 31, 2020, and continuing until (and including) the fiscal year ending December 31, 2029, with such annual increase equal to the lesser of (i) 1,320,000 Ordinary Shares, (ii) 5% of the number of Ordinary Shares outstanding as of
the first day of such fiscal year, and (iii) an amount determined by the Board. The number of Ordinary Shares that remain available for future grants under the Plan shall be reduced by the sum of the aggregate number of Ordinary Shares which
become subject to outstanding options, outstanding Free-Standing SARs, outstanding Share Awards and outstanding Performance Awards denominated in Ordinary Shares, other than Substitute Awards. For the avoidance of doubt, the number of Ordinary
Shares available under the Plan shall not be reduced by awards granted under this Plan upon the assumption of, or in substitution for, outstanding equity awards previously granted by a company or other entity in connection with a corporate
transaction, including a merger, combination, consolidation, or acquisition of property or shares, or upon the substitution of Restricted Share Awards for Class B Units or Restricted Share Unit Awards for phantom incentive units in connection
with the Initial Public Offering. 
 To the extent that Ordinary Shares subject to an outstanding option, SAR, Share Award, or Performance
Award granted under the Plan, other than Substitute Awards, are not issued or delivered by reason of (i) the expiration, termination, cancellation, or forfeiture of such award (excluding shares subject to an option cancelled upon settlement in
shares of a related Tandem SAR or shares subject to a Tandem SAR cancelled upon exercise of a related option) or (ii) the settlement of such award in cash, then such Ordinary Shares shall again be available under this Plan. In addition,
Ordinary Shares subject to an award under this Plan shall again be available for issuance under this Plan if such shares are (x) shares that were subject to an option or share-settled SAR and were not issued or delivered upon the net settlement
or net exercise of such option or SAR or (y) shares delivered to or withheld by the Company to pay the purchase price or the withholding taxes related to an outstanding award. Ordinary Shares subject to an award under this Plan shall not again
be available for issuance under this Plan if such shares are repurchased by the Company on the open market with the proceeds of an option exercise. 

  
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 The number of Ordinary Shares available for awards under this Plan shall not be reduced by
(i) the number of Ordinary Shares subject to Substitute Awards or (ii) available shares under a shareholder-approved plan of a company or other entity that was a party to a corporate transaction with the Company (as appropriately adjusted
to reflect such corporate transaction) that become subject to awards granted under this Plan (subject to applicable stock exchange requirements). 

Ordinary Shares to be delivered under this Plan shall be made available from authorized and unissued Ordinary Shares, or authorized and issued
Ordinary Shares reacquired and held as treasury shares or otherwise or a combination thereof. 
 II. SHARE OPTIONS AND SHARE APPRECIATION
RIGHTS 
 2.1 Share Options. The Committee may grant options to purchase Ordinary Shares to such eligible persons as may be
selected by the Committee. Each option, or portion thereof, that is not an Incentive Share Option shall be a Nonqualified Share Option. To the extent that the aggregate Fair Market Value (determined as of the date of grant) of Ordinary Shares with
respect to which options designated as Incentive Share Options are exercisable for the first time by a participant during any calendar year (under this Plan or any other plan of the Company, or any parent or Subsidiary) exceeds the amount (currently
$100,000) established by the Code, such options shall constitute Nonqualified Share Options. 
 Options are subject to the following terms
and conditions and may contain such additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee deems advisable: 

(a) Number of Shares and Purchase Price. The number of Ordinary Shares subject to an option, and the purchase price per Ordinary Share
purchasable upon exercise of the option shall be determined by the Committee; provided, however, that the purchase price per Ordinary Share purchasable upon exercise of an option shall not be less than 100% of the Fair Market Value of
an Ordinary Share on the date of grant of such option; provided further, that if an Incentive Share Option shall be granted to any person who, at the time such option is granted, owns capital stock possessing more than 10 percent
of the total combined voting power of all classes of capital stock of the Company (or of any parent or Subsidiary) (a “Ten Percent Holder”), the purchase price per Ordinary Share shall not be less than the price (currently
110% of Fair Market Value) required by the Code in order to constitute an Incentive Share Option. 
 Notwithstanding the foregoing, in the
case of an option that is a Substitute Award, the purchase price per share of the shares subject to such option may be less than 100% of the Fair Market Value per share on the date of grant, provided that the excess of: (a) the aggregate Fair
Market Value (as of the date such Substitute Award is granted) of the shares subject to the Substitute Award, over (b) the aggregate purchase price of the shares subject to the Substitute Award does not exceed the excess of: (x) the
aggregate fair market value (as of the time immediately preceding the transaction giving rise to the Substitute Award, such fair market value to be determined by the Committee) of the shares of the predecessor company or other entity that were
subject to the grant assumed or substituted for by the Company, over (y) the aggregate purchase price of such shares. 

  
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 (b) Option Period and Exercisability. The period during which an option may be
exercised shall be determined by the Committee; provided, however, that no option shall be exercised later than 10 years after its date of grant; provided further, that if an Incentive Share Option shall be granted to a
Ten Percent Holder, such option shall not be exercised later than five years after its date of grant. The Committee may, in its discretion, establish Performance Measures that must be satisfied or met as a condition to the grant of an option or to
the exercisability of all or a portion of an option. The Committee shall determine whether an option shall become exercisable in cumulative or non-cumulative installments and in part or in full at any time. An
exercisable option, or portion thereof, may be exercised only with respect to whole Ordinary Shares. 
 (c) Method of Exercise. An
option may be exercised (i) by giving written notice to the Company specifying the number of whole Ordinary Shares to be purchased and accompanying such notice with payment therefor in full (or arrangement made for such payment to the
Company’s satisfaction) either (A) in cash; (B) by delivery (either actual delivery or by attestation procedures established by the Company) of Ordinary Shares having a Fair Market Value, determined as of the date of exercise, equal
to the aggregate purchase price payable by reason of such exercise; (C) authorizing the Company to withhold whole Ordinary Shares that would otherwise be delivered having an aggregate Fair Market Value, determined as of the date of exercise,
equal to the amount necessary to satisfy such obligation; (D) in cash by a broker-dealer acceptable to the Company to whom the participant has submitted an irrevocable notice of exercise; or (E) a combination of (A), (B), and (C), in each
case to the extent set forth in the Agreement relating to the option; (ii) if applicable, by surrendering to the Company any Tandem SARs that are cancelled by reason of the exercise of the option; and (iii) by executing such documents as
the Company may reasonably request. Any fraction of an Ordinary Share that would be required to pay such purchase price shall be disregarded, and the remaining amount due shall be paid in cash by the participant. No Ordinary Shares shall be issued
and no certificate representing Ordinary Shares shall be delivered until the full purchase price therefor and any withholding taxes thereon, as described in Section 5.5, have been paid (or arrangement made for such payment
to the Company’s satisfaction). 
 2.2 Share Appreciation Rights. The Committee may grant SARs to such eligible persons as may be
selected by the Committee. The Agreement relating to an SAR shall specify whether the SAR is a Tandem SAR or a Free-Standing SAR. 
 SARs
are subject to the following terms and conditions and may contain such additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee deems advisable: 

(a) Number of SARs and Base Price. The number of SARs subject to an award shall be determined by the Committee. Any Tandem SAR related
to an Incentive Share Option shall be granted at the same time that such Incentive Share Option is granted. The base price of a Tandem SAR shall be the purchase price per Ordinary Share of the related option. The base price of a Free-Standing SAR
shall be determined by the Committee; provided, however, that such base price shall not be less than 100% of the Fair Market Value of an Ordinary Share on the date of grant of such SAR (or if earlier, the date of grant of the option
for which the SAR is exchanged or substituted). 

  
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 Notwithstanding the foregoing, in the case of an SAR that is a Substitute Award, the base
price per share of the shares subject to such SAR may be less than 100% of the Fair Market Value per share on the date of grant, provided that the excess of: (a) the aggregate Fair Market Value (as of the date such Substitute Award is granted)
of the shares subject to the Substitute Award, over (b) the aggregate base price of the shares subject to the Substitute Award does not exceed the excess of: (x) the aggregate fair market value (as of the time immediately preceding the
transaction giving rise to the Substitute Award, such fair market value to be determined by the Committee) of the shares of the predecessor company or other entity that were subject to the grant assumed or substituted for by the Company, over
(y) the aggregate base price of such shares. 
 (b) Exercise Period and Exercisability. The period for the exercise of an SAR
shall be determined by the Committee; provided, however, that (i) no Tandem SAR shall be exercised later than the expiration, cancellation, forfeiture, or other termination of the related option and (ii) no Free-Standing SAR
shall be exercised later than 10 years after its date of grant. The Committee may, in its discretion, establish Performance Measures that must be satisfied or met as a condition to the grant of an SAR or to the exercisability of all or a portion of
an SAR. The Committee shall determine whether an SAR may be exercised in cumulative or non-cumulative installments and in part or in full at any time. An exercisable SAR, or portion thereof, may be exercised,
in the case of a Tandem SAR, only with respect to whole Ordinary Shares, and in the case of a Free-Standing SAR, only with respect to a whole number of SARs. If an SAR is exercised for Restricted Shares, a
certificate or certificates representing such Restricted Shares shall be issued in accordance with Section 3.2(c), or such shares shall be transferred to the holder in book entry form with restrictions on the shares duly
noted, and the holder of such Restricted Shares shall have such rights of a shareholder of the Company as determined pursuant to Section 3.2(d). Prior to the exercise of a share-settled SAR, the holder of such SAR has no
rights as a shareholder of the Company with respect to the Ordinary Shares subject to such SAR. 
 (c) Method of Exercise. A Tandem
SAR may be exercised by (i) giving written notice to the Company specifying the number of whole SARs that are being exercised, (ii) surrendering to the Company any options that are cancelled by reason of the exercise of the Tandem SAR, and
(iii) executing such documents as the Company may reasonably request. A Free-Standing SAR may be exercised by (A) giving written notice to the Company specifying the whole number of SARs that are being exercised and (B) executing such
documents as the Company may reasonably request. No Ordinary Shares shall be issued and no certificate representing Ordinary Shares shall be delivered until any withholding taxes thereon, as described in Section 5.5, have
been paid (or arrangement made for such payment to the Company’s satisfaction). 
 2.3 Termination of Employment or Service.
All of the terms relating to the exercise, cancellation, or other disposition of an option or SAR (i) upon a termination of employment with or service to the Company of the holder of such option or SAR, as the case may be, whether by reason
of disability, retirement, death, or any other reason; or (ii) during a paid or unpaid leave of absence, shall be determined by the Committee and set forth in the applicable Agreement. 

  
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 2.4 No Repricing. The Committee shall not, without the approval of the shareholders of
the Company, (i) reduce the purchase price or base price of any previously granted option or SAR, (ii) cancel any previously granted option or SAR in exchange for another option or SAR with a lower purchase price or base price, or
(iii) cancel any previously granted option or SAR in exchange for cash or another award if the purchase price of such option or the base price of such SAR exceeds the Fair Market Value of an Ordinary Share on the date of such cancellation, in
each case, other than in connection with a Change in Control or the adjustment provisions set forth in Section 5.7. 
 2.5
No Dividend Equivalents. Notwithstanding anything in an Agreement to the contrary, the holder of an option or SAR shall not be entitled to receive dividend equivalents with respect to the number of Ordinary Shares subject to
such option or SAR. 
 III. SHARE AWARDS 

3.1 Share Awards. The Committee may grant Share Awards to such eligible persons as may be selected by the Committee.
The Agreement relating to a Share Award shall specify whether the Share Award is a Restricted Share Award, a Restricted Share Unit Award, or in the case of an Other Share Award, the type of award being granted. 

3.2 Terms of Restricted Share Awards. Restricted Share Awards are subject to the following terms and conditions and may contain such
additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee deems advisable. 
 (a) Number of Shares
and Other Terms. The number of Ordinary Shares subject to a Restricted Share Award and the Restriction Period, Performance Period (if any), and Performance Measures (if any) applicable to a Restricted Share Award shall be determined by the
Committee. 
 (b) Vesting and Forfeiture. The Agreement relating to a Restricted Share Award shall provide, in the manner determined
by the Committee in its discretion, and subject to the provisions of this Plan, for the vesting of the Ordinary Shares subject to such award (i) if the holder of such award remains continuously in the employment of the Company during the
specified Restriction Period and (ii) if specified Performance Measures (if any) are satisfied or met during a specified Performance Period, and for the forfeiture of the Ordinary Shares subject to such award (x) if the holder of such
award does not remain continuously in the employment of the Company during the specified Restriction Period or (y) if specified Performance Measures (if any) are not satisfied or met during a specified Performance Period. 

(c) Share Issuance. During the Restriction Period, the Restricted Shares shall be held by a custodian in book entry form with
restrictions on such shares duly noted, or alternatively, a certificate or certificates representing a Restricted Share Award shall be registered in the holder’s name and may bear a legend, in addition to any legend that may be required
pursuant to Section 5.6, indicating that the ownership of the Ordinary Shares represented by such certificate is subject to the restrictions, terms, and conditions of this Plan and the Agreement relating to the Restricted
Share Award. All such certificates shall be deposited with the Company, together with stock powers or other instruments of assignment (including a power of attorney), each endorsed in blank with a guarantee of signature if deemed necessary or
appropriate, which would permit transfer to the Company of all or a portion of the Ordinary Shares subject to the 

  
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Restricted Share Award in the event such award is forfeited in whole or in part. Upon termination of any applicable Restriction Period (and the satisfaction or attainment of applicable
Performance Measures), subject to the Company’s right to require payment of any taxes in accordance with Section 5.5, the restrictions shall be removed from the requisite number of any Ordinary Shares that are held in
book entry form, and all certificates evidencing ownership of the requisite number of Ordinary Shares shall be delivered to the holder of such award. 

(d) Rights with Respect to Restricted Share Awards. Unless otherwise set forth in the Agreement relating to a Restricted Share Award,
and subject to the terms and conditions of a Restricted Share Award, the holder of such award shall have all rights as a shareholder of the Company, including, but not limited to, voting rights, the right to receive dividends, and the right to
participate in any capital adjustment applicable to all holders of Ordinary Shares; provided, however, that (i) a distribution with respect to Ordinary Shares, other than a regular cash dividend, and (ii) a regular cash
dividend with respect to Ordinary Shares that are subject to performance-based vesting conditions, in each case, shall be deposited with the Company and shall be subject to the same restrictions as the Ordinary Shares with respect to which such
distribution was made. 
 3.3 Terms of Restricted Share Unit Awards. Restricted Share Unit Awards are subject to the following terms
and conditions and may contain such additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee deems advisable. 

(a) Number of Shares and Other Terms. The number of Ordinary Shares subject to a Restricted Share Unit Award, including the number of
shares that are earned upon the attainment of any specified Performance Measures, and the Restriction Period, Performance Period (if any), and Performance Measures (if any) applicable to a Restricted Share Unit Award shall be determined by the
Committee. 
 (b) Vesting and Forfeiture. The Agreement relating to a Restricted Share Unit Award shall provide, in the manner
determined by the Committee in its discretion, and subject to the provisions of this Plan, for the vesting of such Restricted Share Unit Award (i) if the holder of such award remains continuously in the employment of the Company during the
specified Restriction Period and (ii) if specified Performance Measures (if any) are satisfied or met during a specified Performance Period, and for the forfeiture of the Ordinary Shares subject to such award (x) if the holder of such
award does not remain continuously in the employment of the Company during the specified Restriction Period or (y) if specified Performance Measures (if any) are not satisfied or met during a specified Performance Period. 

(c) Settlement of Vested Restricted Share Unit Awards. The Agreement relating to a Restricted Share Unit Award shall specify
(i) whether such award may be settled in Ordinary Shares or cash or a combination thereof and (ii) whether the holder such Restricted Share Unit Award shall be entitled to receive, on a current or deferred basis, dividend equivalents, and
if determined by the Committee, interest on, or the deemed reinvestment of, any deferred dividend equivalents, with respect to the number of Ordinary Shares subject to such award. Any dividend equivalents with respect to Restricted Share Units that
are subject to performance-based vesting conditions shall be subject to the same restrictions as such Restricted Share Units. Prior to the settlement of a Restricted Share Unit Award, the holder of such award has no rights as a shareholder of the
Company with respect to the Ordinary Shares subject to such award. 

  
 11 

 3.4 Other Share Awards. Subject to the limitations set forth in the Plan, the
Committee is authorized to grant other awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Ordinary Shares, including without limitation Ordinary Shares granted as a bonus
and not subject to any vesting conditions, dividend equivalents, deferred share units, share purchase rights, and Ordinary Shares issued in lieu of obligations of the Company to pay cash under any compensatory plan or arrangement, subject to such
terms as shall be determined by the Committee. The Committee shall determine the terms and conditions of such awards, which may include the right to elective deferral of such awards, subject to such terms and conditions as the Committee may
specify in its discretion. Any dividends or dividend equivalents with respect to Other Share Awards that are subject to performance-based vesting conditions shall be subject to the same restrictions as such Other Share Awards. 

3.5 Termination of Employment or Service. All of the terms relating to the satisfaction of Performance Measures and the
termination of the Restriction Period or Performance Period relating to a Share Award, or any forfeiture and cancellation of such award (i) upon a termination of employment with or service to the Company of the holder of such award, whether by
reason of disability, retirement, death, or any other reason; or (ii) during a paid or unpaid leave of absence, shall be determined by the Committee and set forth in the applicable Agreement. 

IV. PERFORMANCE AWARDS 
 4.1
Performance Awards. The Committee may grant Performance Awards to such eligible persons as may be selected by the Committee. 
 4.2
Terms of Performance Awards. Performance Awards are subject to the following terms and conditions and may contain such additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee deems
advisable. 
 (a) Value of Performance Awards and Performance Measures. The method of determining the value of the Performance Award
and the Performance Measures and Performance Period applicable to a Performance Award shall be determined by the Committee. 
 (b)
Vesting and Forfeiture. The Agreement relating to a Performance Award shall provide, in the manner determined by the Committee in its discretion, and subject to the provisions of this Plan, for the vesting of such Performance Award if the
specified Performance Measures are satisfied or met during the specified Performance Period and for the forfeiture of such award if the specified Performance Measures are not satisfied or met during the specified Performance Period. 

(c) Settlement of Vested Performance Awards. The Agreement relating to a Performance Award shall specify whether such award may be
settled in Ordinary Shares (including Restricted Shares) or cash or a combination thereof. If a Performance Award is settled in Restricted Shares, such shares shall be issued to the holder in book entry form, or a certificate or certificates
representing such Restricted Shares shall be issued in accordance with 

  
 12 

 
Section 3.2(c), and the holder of such Restricted Shares shall have such rights as a shareholder of the Company as determined pursuant to
Section 3.2(d). Any dividends or dividend equivalents with respect to a Performance Award shall be subject to the same restrictions as such Performance Award. Prior to the settlement of a Performance Award in Ordinary
Shares, including Restricted Shares, the holder of such award has no rights as a shareholder of the Company. 
 4.3 Termination of Employment
or Service. All of the terms relating to the satisfaction of Performance Measures and the termination of the Performance Period relating to a Performance Award, or any forfeiture and cancellation of such award (i) upon a termination of
employment with or service to the Company of the holder of such award, whether by reason of disability, retirement, death, or any other reason; or (ii) during a paid or unpaid leave of absence, shall be determined by the Committee and set forth
in the applicable Agreement. 
 V. GENERAL 

5.1 Effective Date and Term of Plan. This Plan shall
be submitted to the shareholders of the Company for approval, and if approved, shall become effective as of the date on which the Plan was approved by shareholders. This Plan shall terminate as of the tenth anniversary of the effective date, unless
terminated earlier by the Board. Termination of this Plan shall not affect the terms or conditions of any award granted prior to termination. 

Awards under this Plan may be made at any time prior to the termination of this Plan, provided that no Incentive Share Option may be granted
later than 10 years after the date on which the Plan was approved by the Board. In the event that this Plan is not approved by the shareholders of the Company, this Plan and any awards under this Plan shall be void and of no force or effect. 

5.2 Amendments. The Board may amend this Plan as it deems advisable; provided, however, that no amendment to the Plan shall
be effective without the approval of the Company’s shareholders if (i) shareholder approval is required by applicable law, rule, or regulation, including any rule of the NASDAQ Global Market or any other stock exchange on which the
Ordinary Shares are then traded; or (ii) such amendment seeks to modify the Non-Employee Director compensation limit set forth in Section 1.4 or the terms of
Section 2.4 hereof; provided further, that no amendment may materially impair the rights of a holder of an outstanding award without the consent of such holder. 

5.3 Agreement. Each award under this Plan shall be evidenced by an Agreement setting forth the terms and conditions applicable to such
award. No award shall be valid until an Agreement is executed by the Company, and to the extent required by the Company, executed or electronically accepted by the recipient of such award. Upon such execution or acceptance and delivery of the
Agreement to the Company within the time period specified by the Company, such award shall be effective as of the effective date set forth in the Agreement. 

5.4 Non-Transferability. No award shall be transferable other than by will, the laws of descent
and distribution, or pursuant to beneficiary designation procedures approved by the Company, or to the extent expressly permitted in the Agreement relating to such award, to the 

  
 13 

 
holder’s family members, a trust or entity established by the holder for estate planning purposes, a charitable organization designated by the holder, or pursuant to a domestic relations
order, in each case without consideration. Except to the extent permitted by the foregoing sentence or the Agreement relating to an award, each award may be exercised or settled during the holder’s lifetime by only the holder or the
holder’s legal representative or similar person. Except as permitted by the second preceding sentence, no award may be sold, transferred, assigned, pledged, hypothecated, encumbered, or otherwise disposed of (whether by operation of law or
otherwise) or be subject to execution, attachment, or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate, encumber, or otherwise dispose of any award, such award and all rights under such award shall immediately
become null and void. 
 5.5 Tax Withholding. The Company has the right to require, prior to the issuance or delivery of any Ordinary
Shares or the payment of any cash pursuant to an award made under this Plan, payment by the holder of such award of any federal, state, local, or other taxes that may be required to be withheld or paid in connection with such award. An Agreement may
provide that the Company shall withhold whole Ordinary Shares that would otherwise be delivered to a holder, having an aggregate Fair Market Value determined as of the date the obligation to withhold or pay taxes arises in connection with an award
(the “Tax Date”), or withhold an amount of cash that would otherwise be payable to a holder, in the amount necessary to satisfy any such obligation; or the holder may satisfy any such obligation by any of the following means:
(A) a cash payment to the Company; (B) delivery (either actual delivery or by attestation procedures established by the Company) to the Company of previously owned whole Ordinary Shares 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 Ordinary Shares that would otherwise be delivered having an aggregate Fair Market Value, determined as of the Tax Date,
or withhold an amount of cash that would otherwise be payable to a holder, in either case equal to the amount necessary to satisfy any such obligation; (D) in the case of the exercise of an option, a cash payment by a broker-dealer acceptable
to the Company to whom the participant has submitted an irrevocable notice of exercise; or (E) any combination of (A), (B), and (C), in each case to the extent set forth in the Agreement relating to the award. Ordinary Shares to be delivered or
withheld may not have an aggregate Fair Market Value in excess of the amount determined by applying the minimum statutory withholding rate (or if permitted by the Company, such other rate as will not cause adverse accounting consequences under the
accounting rules then in effect, and is permitted under applicable IRS withholding rules). Any fraction of an Ordinary Share that would be required to satisfy such an obligation shall be disregarded, and the remaining amount due shall be paid in
cash by the holder. 
 5.6 Restrictions on Shares. Each award made under this Plan shall be subject to the requirement that if at any
time the Company determines that the listing, registration, or qualification of the Ordinary Shares subject to such award upon any securities exchange or under any law, or the consent or approval of any governmental body, or the taking of any other
action is necessary or desirable as a condition of, or in connection with, the delivery of shares under such award, such shares shall not be delivered unless such listing, registration, qualification, consent, approval, or other action shall have
been effected or obtained, free of any conditions not acceptable to the Company. The Company may require that certificates evidencing Ordinary Shares delivered pursuant to any award made under this Plan bear a legend indicating that the sale,
transfer, or other disposition of such award by the holder is prohibited except in compliance with the Securities Act of 1933, as amended, and the rules and regulations thereunder. 

  
 14 

 5.7 Adjustment. In the event of any equity restructuring (within the meaning of
Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation or any successor or replacement accounting standard) that causes the per Ordinary Share value to change (such as a stock dividend,
stock split, spinoff, rights offering, or recapitalization through an extraordinary cash dividend), then the number and class of securities available under this Plan, the terms of each outstanding options and SAR (including the number and class of
securities subject to each outstanding option or SAR and the purchase price or base price per share), the terms of each outstanding Share Award (including the number and class of securities subject thereto) and the terms of each outstanding
Performance Award (including the number and class of securities subject thereto, if applicable), shall be adjusted, such adjustments to be made in the case of outstanding options and SARs in accordance with Section 409A of the Code. In the
event of any other change in corporate capitalization, including a merger, consolidation, reorganization, or partial or complete liquidation of the Company, such equitable adjustments described in the foregoing sentence may be made as determined to
be appropriate and equitable by the Committee to prevent dilution or enlargement of rights of participants. In either case, the decision of the Committee regarding any such adjustment shall be final, binding, and conclusive. 

5.8 Change in Control.  

(a) Subject to the terms of the applicable Agreements, in the event of a Change in Control pursuant to which outstanding awards granted under
this Plan are not effectively assumed or continued by the surviving or acquiring corporation in such Change in Control (as determined by the Board as constituted prior to the Change in Control, with appropriate adjustments to the number and kind of
shares, in each case, that preserve the value of the shares subject to the awards and other material terms and conditions of the outstanding awards as in effect immediately prior to the Change in Control), then any outstanding awards shall be
surrendered to the Company by the holder and immediately cancelled by the Company, and the holder shall receive a cash payment in an amount equal to: 
  

	 	(1)	 in the case of an option or an SAR, the aggregate number of Ordinary Shares then subject to such option or SAR
surrendered, whether or not vested or exercisable, multiplied by the excess, if any, of the Fair Market Value of an Ordinary Share as of the date of the Change in Control, over the purchase price or base price per Ordinary Share subject to such
option or SAR; 

  

	 	(2)	 in the case of a Share Award or a Performance Award denominated in Ordinary Shares, the number of Ordinary
Shares then subject to such award surrendered to the extent the Performance Measures applicable to such award have been satisfied pursuant to the terms of the applicable Agreement, whether or not vested, multiplied by the Fair Market Value of an
Ordinary Share as of the date of the Change in Control; and 

  
 15 

	 	(3)	 in the case of a Performance Award denominated in cash, the value of the Performance Award then subject to such
award surrendered to the extent the Performance Measures applicable to such award have been satisfied pursuant to the terms of the applicable Agreement. 

Except as otherwise provided for in an Agreement, any payments under this Section 5.8(a) shall be paid to the holder within 60 days
following such Change in Control or such later time as required to comply with Section 409A of the Code. 
 (b) Subject to the terms of
the applicable Agreements, in the event of a Change in Control, the Board, as constituted prior to the Change in Control, may in its discretion: 
  

	 	(1)	 require that (i) some or all outstanding options and SARs shall become exercisable in full or in part,
either immediately or upon a subsequent termination of employment; (ii) the Restriction Period applicable to some or all outstanding Share Awards shall lapse in full or in part, either immediately or upon a subsequent termination of employment;
(iii) the Performance Period applicable to some or all outstanding awards shall lapse in full or in part; and (iv) the Performance Measures applicable to some or all outstanding awards shall be deemed to be satisfied at the target,
maximum, or any other level; 

  

	 	(2)	 require that shares of capital stock of the corporation resulting from or succeeding to the business of the
Company pursuant to such Change in Control, or a parent corporation thereof, be substituted for some or all of the Ordinary Shares subject to an outstanding award, with an appropriate and equitable adjustment to such award as determined by the Board
in accordance with Section 5.7; and/or 

  

	 	(3)	 require outstanding awards, in whole or in part, to be surrendered to the Company by the holder and immediately
cancelled by the Company, and to provide for the holder to receive 

 (i) a cash payment in an amount equal to (A) in
the case of an option or an SAR, the aggregate number of Ordinary Shares then subject to the portion of such option or SAR surrendered, whether or not vested or exercisable, multiplied by the excess, if any, of the Fair Market Value of an Ordinary
Share as of the date of the Change in Control, over the purchase price or base price per Ordinary Share subject to such option or SAR; (B) in the case of a Share Award or a Performance Award denominated in Ordinary Shares, the number of
Ordinary Shares then subject to the portion of such award surrendered to the extent the Performance Measures applicable to such award have been satisfied or are deemed satisfied pursuant to Section 5.8(b)(1) , whether or
not vested, multiplied by the Fair Market Value of an Ordinary Share as of the date of the Change in Control; and (C) in the case of a Performance Award denominated in cash, the value of the 

  
 16 

 
Performance Award then subject to the portion of such award surrendered to the extent the Performance Measures applicable to such award have been satisfied or are deemed satisfied pursuant to
Section 5.8(b)(1) ; 
 (ii) shares of capital stock of the corporation resulting from or succeeding to the
business of the Company pursuant to such Change in Control, or a parent corporation thereof, having a fair market value not less than the amount determined under clause (i) above; or 

(iii) a combination of the payment of cash pursuant to clause (i) above and the issuance of shares pursuant to clause (ii) above.

 (c) For purposes of this Plan, “Change in Control” means the occurrence of any one of the following events: 

 

	 	(1)	 During any 12-month period, individuals who, as of the beginning of
such period, constitute the Board (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided that any person becoming a director subsequent to the beginning of such period whose
election or nomination for election was approved by a vote of at least a majority of the Incumbent Directors then on the Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee
for director, without written objection to such nomination) shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or
threatened election contest with respect to directors or as a result of any other actual or threatened solicitation of proxies by or on behalf of any person other than the Board shall be deemed to be an Incumbent Director; 

 

	 	(2)	 Any “person” (as such term is defined in the Exchange Act and as used in Sections 13(d)(3) and
14(d)(2) of the Exchange Act) is or becomes a “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing
50% or more of the combined voting power of the Company’s then outstanding securities eligible to vote for the election of the Board (the “Company Voting Securities”); provided, however, that the event described
in this Section 5.8(c)(2) shall not be deemed to be a Change in Control by virtue of any of the following acquisitions: (i) by the Company or any Subsidiary; (ii) by any employee benefit plan (or related trust) sponsored
or maintained by the Company or any Subsidiary; (iii) by any underwriter temporarily holding securities pursuant to an offering of such securities; (iv) pursuant to a Non-Qualifying Transaction, as
defined in Section 5.8(c)(3) ; or (v) by any person of Company Voting Securities from the Company, if a majority of the 

  
 17 

	 	
Incumbent Board approves in advance the acquisition of beneficial ownership of 50% or more of Company Voting Securities by such person; 

 

	 	(3)	 The consummation of a merger, consolidation, statutory share exchange, or similar form of corporate transaction
involving the Company or any of its Subsidiaries that requires the approval of the Company’s shareholders, whether for such transaction or the issuance of securities in the transaction (a “Business Combination”), unless
immediately following such Business Combination: (i) more than 50% of the total voting power of (A) the corporation resulting from such Business Combination (the “Surviving Corporation”), or (B) if applicable, the
ultimate parent corporation that directly or indirectly has beneficial ownership of 100% of the voting securities eligible to elect directors of the Surviving Corporation (the “Parent Corporation”), is represented by Company
Voting Securities that were outstanding immediately prior to such Business Combination (or if applicable, is represented by shares into which such Company Voting Securities were converted pursuant to such Business Combination), and such voting power
among the holders thereof is in substantially the same proportion as the voting power of such Company Voting Securities among the holders thereof immediately prior to the Business Combination; (ii) no person (other than any employee benefit
plan (or related trust) sponsored or maintained by the Surviving Corporation or the Parent Corporation) is or becomes the beneficial owner, directly or indirectly, of 50% or more of the total voting power of the outstanding voting securities
eligible to elect directors of the Parent Corporation (or if there is no Parent Corporation, the Surviving Corporation); and (iii) at least a majority of the members of the board of directors of the Parent Corporation (or if there is no Parent
Corporation, the Surviving Corporation) following the consummation of the Business Combination were Incumbent Directors at the time of the Board’s approval of the execution of the initial agreement providing for such Business Combination (any
Business Combination that satisfies all of the criteria specified in (i), (ii), and (iii) above shall be deemed to be a “Non-Qualifying Transaction”); or 

 

	 	(4)	 The consummation of a sale of all or substantially all of the Company’s assets, or the approval by the
Company’s shareholders of a plan of complete liquidation or dissolution of the Company. 

 Notwithstanding the foregoing, a Change in
Control shall not be deemed to occur (i) solely because any person acquires beneficial ownership of more than 50% of the Company Voting Securities as a result of the acquisition of Company Voting Securities by the Company that reduces the
number of Company Voting Securities outstanding; provided, however, that if after such acquisition by the Company such person becomes the beneficial owner of additional Company Voting Securities that increases the
percentage of outstanding Company Voting Securities beneficially owned by such person, a Change in Control of the Company shall then occur or (ii) as a result of the disposition of securities in the Company by Vector Capital or any affiliates
thereof or affiliated funds, including pursuant to the Initial Public Offering or any 

  
 18 

 
secondary offering of the Company’s equity; provided further, that with respect to any nonqualified deferred compensation that becomes payable on account of the Change in
Control, the transaction or event described in clause (1), (2), (3), or (4) of this Section 5.8(c) also constitutes a “change in control event,” as defined in Treasury Regulation § 1.409A-3(i)(5), if required in order for the payment not to violate Section 409A of the Code. 

5.9 Deferrals. The Committee may determine that the delivery of Ordinary Shares, the payment of cash, or a combination thereof,
upon the settlement of all or a portion of any award made under this Plan shall be deferred, or the Committee may, in its sole discretion, approve deferral elections made by holders of awards. Deferrals shall be for such periods and upon such terms
as the Committee may determine in its sole discretion, subject to the requirements of Section 409A of the Code. 
 5.10 No
Right of Participation, Employment or Service. Unless otherwise set forth in an employment agreement, no person shall have any right to participate in this Plan. Neither this Plan nor any award made under this
Plan shall confer upon any person any right to continued employment by or service with the Company, any Subsidiary, or any affiliate of the Company or affect in any manner the right of the Company, any Subsidiary, or any affiliate of the Company to
terminate the employment or service of any person at any time without liability under this Plan. 
 5.11 Rights as Shareholder. No
person has any right as a shareholder of the Company with respect to any Ordinary Share or other equity security of the Company that is subject to an award under the Plan unless and until such person becomes a shareholder of record with respect to
such Ordinary Shares or equity security. 
 5.12 Designation of Beneficiary. To the extent permitted by the Company, a holder of an
award may file with the Company a written designation of one or more persons as such holder’s beneficiary or beneficiaries (both primary and contingent) in the event of the holder’s death or incapacity. To the extent an outstanding option
or SAR granted under this Plan is exercisable, such beneficiary or beneficiaries shall be entitled to exercise such option or SAR pursuant to procedures prescribed by the Company. Each beneficiary designation shall become effective only when filed
in writing with the Company during the holder’s lifetime on a form prescribed by the Company. The spouse of a married holder domiciled in a community property jurisdiction shall join in any designation of a beneficiary other than such spouse.
The filing with the Company of a new beneficiary designation shall cancel all previously filed beneficiary designations. If a holder fails to designate a beneficiary, or if all designated beneficiaries of a holder predecease the holder, then each
outstanding award held by such holder, to the extent vested or exercisable, shall be payable to or may be exercised by such holder’s executor, administrator, legal representative, or similar person. 

5.13 Awards Subject to Clawback. The awards granted under this Plan and any cash payment or Ordinary Shares delivered pursuant to
such an award are subject to forfeiture, recovery by the Company, or other action, in each case pursuant to the applicable Agreement, or any clawback or recoupment policy that the Company may adopt from time to time, including without limitation any
such policy that the Company may be required to adopt under the Dodd-Frank Wall Street Reform and Consumer Protection Act and implementing rules and regulations thereunder, or as otherwise required by law. 

  
 19 

 5.14 Governing Law. This Plan, each award under this Plan and the related
Agreement, and all determinations made and actions taken pursuant thereto, to the extent not otherwise governed by the Code or the laws of the United States, shall be governed by the laws of the Cayman Islands and construed in accordance therewith
without giving effect to principles of conflicts of laws. 
 5.15 Foreign Employees. Without amending this Plan, the Committee may
grant awards to eligible persons who are foreign nationals and/or reside outside of the United States on such terms and conditions different from those specified in this Plan as may in the judgment of the Committee be necessary or desirable to
foster and promote achievement of the purposes of this Plan, and in furtherance of such purposes the Committee may make such modifications, amendments, procedures, subplans, and the like as may be necessary or advisable to comply with provisions of
laws in other countries or jurisdictions in which the Company or its Subsidiaries operates or has employees. 

  
 20EX-10.18

 Exhibit 10.18 

CAMBIUM NETWORKS CORPORATION 

2019 SHARE INCENTIVE PLAN 

Restricted Share Award Notice 
 [Name of
Holder] 
 You have been awarded restricted shares of Cambium Networks Corporation, an exempted company incorporated with limited
liability under the laws of the Cayman Islands (the “Company”), pursuant to the terms and conditions of the Cambium Networks Corporation 2019 Share Incentive Plan (the “Plan”) and the Restricted Share Award
Agreement (together with this Award Notice, the “Agreement”). This Award is granted in exchange for the unvested Class B Units held by the Holder in Vector Cambium Holdings (Cayman), L.P., a Cayman Islands exempted limited
partnership, under the Second Amended and Restated Limited Partnership Agreement, dated as of June 23, 2012 and as amended as of June 19, 2013, October 14, 2014 and April 2, 2015 (the “Partnership Agreement”).
Copies of the Plan and the Restricted Share Award Agreement are attached hereto. Capitalized terms not defined herein shall have the meanings specified in the Plan or the Agreement. 

 

			
	 Restricted Shares:
	  	You have been awarded [            ] restricted ordinary shares of the Company, par value $0.0001 per share, subject to adjustment as provided in
Section 6.2 of the Agreement.
		
	Grant Date:	  	
[                  
                      ,                 
]

		
	 Vesting Schedule:
	  	Except as otherwise provided in the Plan, the Agreement or any other agreement between the Company or any of its Subsidiaries and Holder, the Award shall vest in full when and if the volume weighted trading average of the
Company’s ordinary shares, as reported on the NASDAQ Global Market, over 90 consecutive days following expiration of the IPO lock up period exceeds a Total Equity Return Multiple of at least 6.0 times, as certified by the Compensation Committee
of the Board of Directors of the Company; provided that Holder is, and has been, continuously (except for any absence for vacation, leave, etc. in accordance with the Company’s or its Subsidiaries’ policies): (i) employed by the Company or
any of its Subsidiaries, (ii) serving as a Non-Employee Director or (iii) providing services to the Company or any of its Subsidiaries as an advisor or consultant, in each case, from the date of this
Agreement through and including the date on which the performance-based vesting requirement specified above is achieved. For purposes of this Agreement, Total Equity Return Multiple shall have the same meaning as set forth in, and shall be
determined in accordance with, the Partnership Agreement.

			
	CAMBIUM NETWORKS CORPORATION

 
			
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

  
 2 

 Acknowledgment, Acceptance and Agreement: 

By signing below and returning this Award Notice to Cambium Networks Corporation, I hereby acknowledge receipt of the Agreement and the Plan, accept the Award
granted to me and agree to be bound by the terms and conditions of this Award Notice, the Agreement and the Plan. 
  

	
	    
	 Holder

	
	     

	 Date

 Signature Page to Restricted Share Agreement 

 CAMBIUM NETWORKS CORPORATION 

2019 SHARE INCENTIVE PLAN 

RESTRICTED SHARE AWARD AGREEMENT 

Cambium Networks Corporation, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the
“Company”), hereby grants to the individual (the “Holder”) named in the award notice attached hereto (the “Award Notice”) as of the date set forth in the Award Notice (the “Grant
Date”), pursuant to the provisions of the Cambium Networks Corporation 2019 Share Incentive Plan (the “Plan”), a restricted share award (the “Award”) for the number of ordinary shares of the Company, par
value $0.0001 per share (“Shares”), set forth in the Award Notice, upon and subject to the restrictions, terms and conditions set forth in the Plan and this agreement (the “Agreement”). This Award is granted in
exchange for the unvested Class B Units held by the Holder in Vector Cambium Holdings (Cayman), L.P., a Cayman Islands exempted limited partnership, under the Second Amended and Restated Limited Partnership Agreement, dated as of June 23,
2012 (as amended as of June 19, 2013, October 14, 2014 and April 2, 2015). Capitalized terms not defined herein shall have the meanings specified in the Plan. 

1. Award Subject to Acceptance of Agreement. The Award shall be null and void unless the Holder (a) accepts this Agreement by
executing the Award Notice in the space provided therefor and returning an original execution copy of the Award Notice to the Company (or electronically accepts this Agreement within the Holder’s share plan account with the Company’s share
plan administrator according to the procedures then in effect), (b) if required by the Company, executes and returns one or more irrevocable stock powers to facilitate the transfer to the Company (or its assignee or nominee) of the Shares if the
Shares are forfeited pursuant to Section 4 or if required under applicable laws or regulations and (c) agrees to abide by all administrative procedures established by the Company or its share plan administrator,
including any procedures requiring the Holder to notify the Company of any proposed sale of any Shares acquired upon the vesting of this Award. As soon as practicable after the Holder has executed such documents and returned them to the Company, the
Company shall cause to be issued in the Holder’s name the total number of Shares subject to the Award. In addition, in the event that the Company’s initial public offering of the Shares (the “IPO”) does not close on or
before [___________ __, 2019], this Award shall be forfeited as of such date and the Holder will at such time continue to hold the unvested Class B Units held by the Holder in Vector Cambium Holdings (Cayman), L.P. for which the Shares
received hereunder were exchanged. 
 2. Rights as a Shareholder. Except as otherwise provided in this Agreement, the Holder shall
have all rights as a holder of the Shares subject to the Award, including, without limitation, the right to receive dividends and other distributions thereon, and the right to participate in any capital adjustment applicable to all holders of Shares
unless and until such Shares are forfeited pursuant to Section 4 hereof; provided, however, that (i) the Holder shall not be entitled to vote the Shares subject to the Award until such Shares become
vested pursuant to Section 4.1, (ii) each distribution with respect to Shares that is a share dividend or share split, shall be delivered to the Company (and the Holder shall, if requested by the Company, execute

 
and return one or more irrevocable stock powers related thereto) and shall be subject to the same restrictions as the Shares with respect to which such dividend or other distribution was made,
and (iii) any other distribution with respect to Shares (including, without limitation, a regular cash dividend) shall be held by the Company and a “Reserve Amount” shall be created on the books and records of the Company with
respect to such Shares subject to the Award (or the Reserve Amount with respect to such Shares shall be increased, if a Reserve Amount already exists with respect to such Shares) in an amount equal to the amount so retained by the Company in respect
of such Shares. If a Share subject to the Award subsequently becomes no longer restricted, the Reserve Amount attributable for such Share shall be distributed, within 60 days of vesting, without interest, to the holder of such Share, and if the
Shares are forfeited, the Reserve Amount attributable to such unvested Shares shall be cancelled. 
 3. Custody and Delivery of
Shares. The Shares subject to the Award shall be held by the Company or by a custodian in book entry form, with restrictions on the Shares duly noted, until such Award shall have vested pursuant to Section 4 hereof.
Alternatively, in the sole discretion of the Company, the Company shall hold a certificate or certificates representing the Shares subject to the Award until such Award shall have vested pursuant to Section 4 hereof. After
the Award shall have vested pursuant to Section 4 hereof, the Company shall, subject to Section 6.1 hereof, transfer the vested Shares on its books or deliver the certificate or certificates for
the vested Shares, as applicable, to a brokerage account in the name of the Holder as designated by the Holder, which transfer to the brokerage account shall occur (i) on the second business day after the Company receives a request for such
transfer from the Holder, or (ii) in the absence of such request from the Holder, automatically on the last day of each calendar month after the Grant Date. If the Company delivers certificate(s) for the vested Shares pursuant to the foregoing
sentence, the Company shall also destroy the stock power or powers relating to such vested Shares delivered by the Holder pursuant to Section 1 hereof. 

4. Restriction Period and Vesting. 

4.1. Performance-Based Vesting Condition. Except as otherwise provided in this Section 4, the Award shall
vest in accordance with the vesting schedule set forth in the Award Notice if, and only if, (a) the performance-based vesting condition set forth in the Award Notice is achieved and (b) the Holder is, and has been, continuously (except for
any absence for vacation, leave, etc. in accordance with the Company’s or its Subsidiaries’ policies): (i) employed by the Company or any of its Subsidiaries; (ii) serving as a Non-Employee
Director or (iii) providing services to the Company or any of its Subsidiaries as an advisor or consultant, in each case, from the date of this Agreement through and including such date. The period of time prior to the vesting shall be referred
to herein as the “Restriction Period.” 
 4.2. Termination by the Company or by the Holder. Except as set forth in
any employment or other agreement between the Company or any of its Subsidiaries and the Holder, if the Holder’s employment with the Company terminates prior to the end of the Restriction Period (a) by the Company for any reason or
(b) by the Holder by reason of the Holder’s resignation from employment for any reason, then the Award, to the extent not vested immediately prior to such termination of employment, shall be immediately forfeited by the Holder and
cancelled by the Company. 

  
 2 

 4.3. Change in Control. In the event of a Change in Control prior to the end of the
Restriction Period pursuant to which the Award is not effectively assumed or continued by the surviving or acquiring corporation in such Change in Control (as determined by the Board or Committee, with appropriate adjustments to the number and kind
of shares, in each case, that preserve the value of the shares subject to the Award and other material terms and conditions of the outstanding Award as in effect immediately prior to the Change in Control), the Award shall vest as of the date of the
Change in Control. 
 5. Transfer Restrictions and Investment Representation. 

5.1. Nontransferability of Award. During the Restriction Period, the Shares subject to the Award and not then vested may not be
offered, sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) by the Holder or be subject to execution, attachment or similar process other than by will, the laws of
descent and distribution or pursuant to beneficiary designation procedures approved by the Company. Any attempt to so sell, transfer, assign, pledge, hypothecate, encumber or otherwise dispose of such shares shall be null and void. 

5.2. Investment Representation. The Holder hereby represents and covenants that (a) any Share acquired upon the vesting of the
Award will be acquired for investment and not with a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), unless such acquisition has been registered under the
Securities Act and any applicable state securities laws; (b) any subsequent sale of any such Shares shall be made either pursuant to an effective registration statement under the Securities Act and any applicable state securities laws, or
pursuant to an exemption from registration under the Securities Act and such state securities laws; and (c) if requested by the Company, the Holder shall submit a written statement, in form satisfactory to the Company, to the effect that such
representation (i) is true and correct as of the date of vesting of any Shares hereunder or (ii) is true and correct as of the date of any sale of any such Share, as applicable. As a further condition precedent to the delivery to the
Holder of any Shares subject to the Award, the Holder shall comply with all regulations and requirements of any regulatory authority having control of or supervision over the issuance or delivery of the shares and, in connection therewith, shall
execute any documents which the Board shall in its sole discretion deem necessary or advisable. 
 5.3. Legends. The Holder
understands and agrees that the Company shall cause the legends set forth below or legends substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required
by the Company or by state or federal securities laws: 
 THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES REPRESENTED HEREBY ARE
SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF A RESTRICTED SHARE AGREEMENT ENTERED INTO BETWEEN THE REGISTERED OWNER AND CAMBIUM NETWORKS CORPORATION. A COPY OF SUCH AGREEMENT IS ON FILE IN THE OFFICES OF, AND WILL BE MADE AVAILABLE
FOR A PROPER PURPOSE BY, THE CORPORATE SECRETARY OF CAMBIUM NETWORKS CORPORATION. 

  
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 5.4. Stop-Transfer Notices. The Holder agrees that in order to ensure compliance with
the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect
in its own records. 
 5.5. Refusal to Transfer. The Company shall not be required (a) to transfer on its books any Shares that
have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (b) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares
shall have been so transferred. 
 6. Additional Terms and Conditions of Award. 

6.1. Withholding Taxes. (a) As a condition precedent to the delivery of the Shares at such time as required by
Section 6.8, the Holder shall, upon request by the Company, pay to the Company such amount as the Company may be required, under all applicable federal, state, local or other laws or regulations, to withhold and pay over as
income or other withholding taxes (the “Required Tax Payments”) with respect to the Award. If the Holder shall fail to advance the Required Tax Payments after request by the Company, the Company may, in its discretion, deduct any
Required Tax Payments from any amount then or thereafter payable by the Company to the Holder. 
 (b) The Holder may elect to satisfy his or
her obligation to advance the Required Tax Payments by any of the following means: (i) a cash payment to the Company; (ii) delivery to the Company (either actual delivery or by attestation procedures established by the Company) of
previously owned whole Shares having an aggregate Fair Market Value, determined as of the date on which such withholding obligation arises (the “Tax Date”), equal to the Required Tax Payments; (iii) authorizing the Company to
withhold whole Shares which would otherwise be delivered to the Holder having an aggregate Fair Market Value, determined as of the Tax Date, equal to the Required Tax Payments; or (iv) any combination of (i), (ii) and (iii). Shares to be
delivered or withheld may not have a Fair Market Value in excess of the minimum amount of the Required Tax Payments (or such higher amount as elected by the Holder and which does not raise adverse accounting consequences). Any fraction of a Share
which would be required to satisfy any such obligation shall be disregarded and the remaining amount due shall be paid in cash by the Holder. No Share or certificate representing a Share shall be delivered until the Required Tax Payments have been
satisfied in full. 
 6.2. Adjustment. In the event of any equity restructuring (within the meaning of Financial Accounting Standards
Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation) that causes the per share value of Shares to change, such as a share dividend, share split, spinoff, rights offering or recapitalization through an
extraordinary dividend, the terms of this Award, including the number and class of securities subject hereto, shall be appropriately adjusted by the Committee. In the event of any other change in corporate capitalization, including a merger,
consolidation, reorganization, or partial or complete liquidation of the Company, such equitable adjustments described in the foregoing sentence may be made as determined to be appropriate and equitable by the Committee to prevent dilution or
enlargement of rights of the Holder. The decision of the Committee regarding any such adjustment shall be final, binding and conclusive. 

  
 4 

 6.3. Compliance with Applicable Law. The Award is subject to the condition that if
the listing, registration or qualification of the Shares subject to the Award upon any securities exchange or under any law, or the consent or approval of any governmental body, or the taking of any other action is necessary or desirable as a
condition of, or in connection with, the vesting or delivery of Shares hereunder, the Shares subject to the Award shall not vest or be delivered, unless such listing, registration, qualification, consent, approval or other action shall have been
effected or obtained, free of any conditions not acceptable to the Company. The Company agrees to use reasonable efforts to effect or obtain any such listing, registration, qualification, consent, approval or other action. 

6.4. Delivery of Shares. Subject to Section 6.1, upon the vesting of the Award, the Company shall deliver or
cause to be delivered to the Holder the vested Shares in accordance with Section 3. The Company shall pay all original issue or transfer taxes and all fees and expenses incident to such delivery, except as otherwise
provided in Section 6.1. 
 6.5. Award Confers No Rights to Continued Employment. In no event shall the
granting of the Award or its acceptance by the Holder, or any provision of the Agreement or the Plan, give or be deemed to give the Holder any right to continued employment by the Company, any Subsidiary or any affiliate of the Company or affect in
any manner the right of the Company, any Subsidiary or any affiliate of the Company to terminate the employment of any person at any time. 

6.6. Decisions of Board or Committee. The Board or the Committee shall have the right to resolve all questions which may arise in
connection with the Award. Any interpretation, determination or other action made or taken by the Board or the Committee regarding the Plan or this Agreement shall be final, binding and conclusive. 

6.7. Successors. This Agreement shall be binding upon and inure to the benefit of any successor or successors of the Company and any
person or persons who shall, upon the death of the Holder, acquire any rights hereunder in accordance with this Agreement or the Plan. 

6.8. Taxation; Section 83(b) Election. The Holder understands that the Holder is solely responsible for all tax
consequences to the Holder in connection with this Award. The Holder represents that the Holder has consulted with any tax consultants the Holder deems advisable in connection with the Award and that the Holder is not relying on the Company for any
tax advice. By accepting this Agreement, the Holder agrees that, if the Holder is subject to U.S. taxation, the Holder shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code of 1986,
as amended, and the regulations promulgated thereunder, in the form of Exhibit A attached hereto, to include in the Holder’s gross income the excess, if any, of the Fair Market Value of the unvested Shares subject to the Award as of such
date over the Fair Market Value of the Class B Units exchanged for such Shares. The Holder further agrees to deliver the executed Section 83(b) election to the Company for filing with the Internal Revenue Service within five days following
the date hereof. 

  
 5 

 6.9. Notices. All notices, requests or other communications provided for in this
Agreement shall be made, if to the Company, to Cambium Networks Corporation , Attn: Share Administrator, 3800 Golf Rd Ste 360, Rolling Meadows, IL 60008, and if to the Holder, to the last known mailing address of the Holder contained in the records
of the Company. All notices, requests or other communications provided for in this Agreement shall be made in writing either (a) by personal delivery, (b) by facsimile or electronic mail with confirmation of receipt, (c) by
mailing in the United States mails or (d) by express courier service. The notice, request or other communication shall be deemed to be received upon personal delivery, upon confirmation of receipt of facsimile or electronic mail
transmission or upon receipt by the party entitled thereto if by United States mail or express courier service; provided, however, that if a notice, request or other communication sent to the Company is not received during regular
business hours, it shall be deemed to be received on the next succeeding business day of the Company. 
 6.10. Governing Law. This
Agreement, the Award and all determinations made and actions taken pursuant hereto and thereto, to the extent not governed by the laws of the United States, shall be governed by the laws of the Cayman Islands and construed in accordance therewith
without giving effect to principles of conflicts of laws. 
 6.11. Agreement Subject to the Plan. This Agreement is subject to the
provisions of the Plan and shall be interpreted in accordance therewith. In the event that the provisions of this Agreement and the Plan conflict, the Plan shall control. The Holder hereby acknowledges receipt of a copy of the Plan. 

6.12. Entire Agreement. This Agreement and the Plan constitute the entire agreement of the parties with respect to the Shares subject
to this Award and supersede in their entirety all prior undertakings and agreements of the Company and the Holder with respect to such Shares, and may not be modified adversely to the Holder’s interest except by means of a writing signed by the
Company and the Holder. Notwithstanding anything herein to the contrary, this Agreement does not supersede the Management Incentive Unit Grant Agreement between the Holder and Vector Cambium Holdings (Cayman), L.P. with respect to the Class B
Units that vested prior to the IPO in accordance with the terms of such Management Incentive Unit Grant Agreement. 
 6.13. Partial
Invalidity. The invalidity or unenforceability of any particular provision of this Agreement shall not affect the other provisions hereof and this Agreement shall be construed in all respects as if such invalid or unenforceable provision was
omitted. 
 6.14. Amendment and Waiver. The provisions of this Agreement may be amended or waived only by the written agreement of
the Company and the Holder, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement. 

6.15. Counterparts. The Award Notice may be executed in two counterparts, each of which shall be deemed an original and both of which
together shall constitute one and the same instrument. 

  
 6 

 Exhibit A 

ELECTION TO INCLUDE VALUE OF RESTRICTED PROPERTY 

IN GROSS INCOME 
 IN YEAR
OF TRANSFER UNDER CODE SECTION 83(b) 
 The undersigned hereby elects pursuant to Section 83(b) of the Internal Revenue Code
of 1986, as amended (the “Code”), to include the value of the property described below in gross income in the year of transfer and supplies the following information in accordance with the regulations promulgated thereunder: 

 

	1.	 The name, address and social security number of the undersigned: 

[Name] 
 [Address] 

[Social Security Number] 
  

	2.	 A description of the property with respect to which the election is being made: __________ ordinary shares, par
value $0.0001 per share, of Cambium Networks Corporation, an exempted company incorporated with limited liability under the laws of the Cayman Islands, granted to the undersigned as restricted shares. 

 

	3.	 The date on which the property was transferred: ______ __, 20__. The taxable year for which such election is
made: calendar 20__. 

  

	4.	 The restrictions to which the property is subject: If the employment of the undersigned terminates prior to
specified dates, the undersigned will forfeit the property transferred to the undersigned. 

  

	5.	 The fair market value on _____________, 20__ of the property with respect to which the election is being made:
$_____ per share. 

  

	6.	 The amount paid for such property: $_____ per share. 

A copy of this election has been furnished to the Secretary of the Company pursuant to Treasury Regulations
§1.83-2(d). 
  

			
		  	 
	 Dated: ________ __, 20__
	  	 «Name»

  
 7

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