Document:

EX-10.4

 Exhibit 10.4 

EXECUTIVE EMPLOYMENT AGREEMENT 

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of this 22nd day of April 2021, by and between
Bowman Consulting Group Ltd. (the “Company”), and Robert Hickey (the “Executive”). 
 WHEREAS, Executive
currently serves as Executive Vice President and Chief Legal Officer of the Company; 
 WHEREAS, the Company and the Executive desire to
amend and restate all prior agreements, whether verbal or written, regarding the terms of employment of Executive and formalize the terms of employment by which Executive has been serving the Company, and on which basis Executive agrees to
continue to serve the Company as set forth herein; and 
 WHEREAS, in contemplation of an initial public offering of the common stock of the
Company (the “Transaction”), the Company desires to continue to employ Executive and to enter into this Agreement embodying the terms and conditions of such employment, and Executive desires to enter into this Agreement and to
continue to be employed by the Company, subject to the terms and conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the
promises and mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are mutually acknowledged, the Company and Executive hereby agree as follows. 

Section 1. Definitions. Capitalized terms not otherwise defined in this Agreement shall have the meaning set forth
on Appendix A, attached hereto. 
 Section 2. Acceptance and Term of Employment. The Company agrees to employ
Executive, and Executive agrees to serve the Company, on the terms and conditions set forth herein. The term of employment shall commence on the closing date of the Transaction (the “Effective Date”) and continue until
December 31, 2024 (the “Initial Term”). The term of employment shall automatically renew for one-year periods beginning on December 31, 2024 (each, a “Renewal
Term”), unless either the Executive or the Company delivers a written notice of nonrenewal to the other party at least ninety (90) days prior to such Renewal Term (the Initial Term together with each Renewal Term, are referred to as
the “Term of Employment”). The effectiveness of this Agreement is contingent on the closing of the Transaction on or before December 31, 2021. If the closing of the Transaction does not occur for any reason by December 31,
2021, this Agreement will be void ab initio. 
 Section 3. Position, Duties and Responsibilities; Performance; Place of Performance. 

(a) Position, Duties, and Responsibilities. Executive shall be employed and serve as Executive Vice President and Chief Legal Officer of
the Company (together with such other position or positions consistent with Executive’s title as the Board shall specify from time to time) and shall have such duties and responsibilities commensurate with such title and as the Board may
designate from time to time.

  
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 (b) Performance. Executive shall devote his business time, attention, skill, and best
efforts to the performance of his duties under this Agreement and shall not engage in any other business or occupation during the Term of Employment that (i) conflicts with the interests of the Company, (ii) interferes with the proper and
efficient performance of Executive’s duties for the Company, or (iii) interferes with Executive’s exercise of judgment in the Company’s best interests. Nothing herein, however, shall preclude Executive from (A) serving
on the boards of directors or similar governing body of charitable or civic organizations, (B) with the prior written consent of the Board, serving on the board of directors, trustees or similar governing body of a for-profit entity and (C) managing his personal investments, business and affairs, including those listed on Schedule I, provided, however, that such activities shall be limited by
Executive so as not to materially interfere, individually or in the aggregate, with the performance of his duties and responsibilities hereunder. 

(c) Place of Performance. Executive shall be based at the Company’s corporate headquarters in Reston, Virginia. 

Section 4. Compensation. During the Term of Employment, Executive shall be entitled to the following compensation: 

(a) Base Salary. The Company shall pay Executive a base salary at a rate of not less than $400,000 per year, payable in accordance with
the regular payroll practices of the Company (the “Base Salary”). During the Initial Term, Executive’s Base Salary shall be increased annually by the greater of (i) 3% of Executive’s then current Base Salary,
(ii) an amount equal to the percentage increase in the Consumer Price Index for all Urban Consumers, Mid-Atlantic Region, published by the United States Bureau of Labor Statistics, or (iii) such
amount as may be determined by the Compensation Committee. After the Initial Term, Executive’s Base Salary shall be reviewed by the Compensation Committee who may (but is not obligated to) adjust such Base Salary in its sole
discretion; provided that Base Salary shall not be decreased without the prior written consent of Executive. Any increase in Base Salary shall be Executive’s “Base Salary” for all purposes under this
Agreement. 
 (b) Annual Bonus. Executive shall be eligible to earn an annual cash bonus award (the “Annual Bonus”)
based on the achievement level (threshold, target or maximum) of performance on objectives adopted by the Compensation Committee within the first three months of each fiscal year during the Term of Employment. Such performance objectives generally
will correspond to those established for other members of senior management. During each fiscal year, if the threshold level of performance on objectives is achieved, Executive’s Annual Bonus will be 25% of Executive’s Base Salary, if the
target level of performance on objectives is achieved, Executive’s Annual Bonus will be 50% of Executive’s Base Salary (which number is the “Target Annual Bonus”) and if maximum level of performance on objectives is
achieved, Executive’s Annual Bonus will be 100% of Base Salary. If the level of performance falls between achievement levels (that is, threshold, target or maximum), lineal interpolation shall be used to determine the amount of Executive’s
Annual Bonus for such year. Any earned Annual Bonus for a fiscal year shall be paid to Executive during the following fiscal year at the same time as annual bonuses are generally payable to other senior executives of the Company, subject to
Executive’s continuous employment through the applicable performance period, but in no event later than the 15th day of the fourth month following the close of such fiscal year. For fiscal year 2021 and the 2021 performance period, the minimum
Annual Bonus payable to Executive shall be $200,000. 

  
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 (c) Annual Equity Awards. 

(i) Executive will be eligible to participate in the long-term equity incentive plan(s) adopted by the Company from time to
time, including without limitation, under the Company’s 2021 Omnibus Equity Incentive Plan (as applicable, the “Equity Plan”). In addition, commencing in fiscal year 2022 and for each fiscal year thereafter, Executive shall be
entitled to receive a long-term equity award under the Equity Plan subject to such vesting, other performance terms, including Company business objectives, and other conditions as the Compensation Committee shall determine. Such award shall have a
value equal to 35% of Executive’s Base Salary at the threshold level, 75% of Executive’s Base Salary at the target level, and 150% of Executive’s Base Salary at the maximum level. The number of shares underlying any such equity award
shall be determined by dividing the dollar value of the award by the Average Fair Market Value of the Company’s common stock. If the level of Company business objectives and other performance terms set by the Compensation Committee falls
between achievement levels (that is, threshold, target or maximum), lineal interpolation shall be used to determine the amount of Executive’s long term equity award for such year. 

(ii) Executive shall not directly or indirectly, pledge, hypothecate, or otherwise encumber shares of the Company’s common
stock awarded under the Equity Plan as collateral for indebtedness, including but not limited to, holding such shares in a margin account or any other account that could cause the common stock to be subject to a margin call or otherwise be available
as collateral for a margin loan. 
 (d) Transaction Cash Bonus. In consideration of the Transaction, Executive shall receive a one-time cash bonus in the amount of $250,000. Such bonus shall be payable in four (4) installments, the first such installment to be paid 30 days after the Effective Date, and the second installment to be paid
90 days after the Effective Date, the third installment to be paid 180 days after the Effective Date and the fourth and final installment to be paid 270 days after the Effective Date. 

Section 5. Employee Benefits. During the Term of Employment, Executive shall be entitled to the following benefits: 

(a) Executive shall be entitled to participate in such 401(k) and employee health, welfare and benefit plans and programs of the Company as
are made available to the Company’s senior level executives or employees generally, as such plans and programs may be in effect from time to time. 

(b) Executive shall be entitled to (i) a vehicle allowance of $1,500 monthly together with such other benefits related to vehicles as are
made available to the Company’s senior level executives generally, and (ii) the maximum permitted Company contribution to Executive’s health savings account, if Executive is eligible for such contribution. In addition, the Company
shall continue to maintain and pay for a term life insurance policy for Executive in the amount of $1.5 million through January 2027. 

  
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 Section 6. Reimbursement of Expenses. Executive is authorized to incur reasonable
business expenses in carrying out his duties and responsibilities under this Agreement, and the Company shall promptly reimburse Executive for all such reasonable business expenses, subject to documentation in accordance with the Company’s
policies, as in effect from time to time. 
 Section 7. Termination of Employment. 

(a) General. The Term of Employment shall terminate earlier than as provided in Section 2 upon the earliest to occur of
(i) Executive’s death, (ii) a termination by reason of a Disability, (iii) a termination by the Company with or without Cause, and (iv) a termination by Executive with or without Good Reason. Upon any termination of
Executive’s employment for any reason, except as may otherwise be requested by the Company in writing and agreed upon in writing by Executive, Executive shall resign from any and all directorships, committee memberships, fiduciary and any other
positions Executive holds with the Company or any Subsidiary or with respect to any of its benefit plans. 
 (b) Termination Due to Death
or Disability. Executive’s employment shall terminate automatically upon his death. The Company may terminate Executive’s employment immediately upon the determination of a Disability by a Determining Physician, such termination to be
effective upon Executive’s receipt of written notice of such termination. Upon Executive’s death or if Executive’s employment is terminated due to Disability, Executive, his estate, or his beneficiaries, as applicable, shall be
entitled to: 
 (i) The Accrued Rights; 

(ii) An amount equal to the greater of (x) the sum of Executive’s Base Salary for the years remaining in his Term of Employment, or
(y) the sum of (A) one year of Executive’s then current Base Salary and (B) the Executive’s Target Annual Bonus; 

(iii) Any unpaid amounts remaining under the Transaction Cash Bonus; and 

(iv) Fully accelerated vesting and immediate lapse of restrictions on the unvested portion of any equity awards previously granted. 

Following Executive’s death or a termination of Executive’s employment by reason of a Disability, except as set forth in this Section 7(b) and
Section 14, Executive shall have no further rights to any compensation or any other benefits under this Agreement. 
 (c)
Termination by the Company for Cause. 
 (i) The Company may terminate Executive’s employment at any time for Cause relying on
clauses (iii) and (iv) of the definition of Cause effective upon Executive’s receipt of written notice of termination. A termination of employment for Cause under this Section (c)(i) shall require the affirmative vote of not less than two-thirds of the Board (not including Executive) at a meeting of the Board called and held for this purpose. The Board shall identify the conduct of Executive constituting grounds for Cause and specify the
particulars thereof in reasonable detail. Executive shall have been provided notice of the meeting and an opportunity, together with counsel, to address the Board at any such meeting. 

  
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 (ii) With respect to any termination of Executive for Cause relying on clauses (i), (ii) or
(v) of the definition of Cause, the Board of the Company shall provide Executive with written notice of its intention to terminate Executive for Cause. Such notice shall state in detail the act or acts or failure or failures to act that
constitute the grounds on which the proposed termination for Cause is based, and Executive shall be given at least thirty days (30) days to cure such acts or failures to act. A termination of employment for Cause under this Section (c)(ii)
shall be effective at the expiration of the 30-day cure period (or such longer period as the Board may determine in its reasonable, good faith discretion) unless Executive has cured such act or acts or failure
or failures to act that give rise to Cause, as determined by the Board in its reasonable, good faith discretion at a meeting called and held for this purpose. Executive shall be provided with notice of the meeting and an opportunity, together with
counsel, to address the Board. Any actions by the Board at such meeting shall require the affirmative vote of not less than two-thirds of the Board (not including Executive). 

(iii) In the event of a termination for Cause, Executive shall be entitled only to the Accrued Rights, excluding Executive’s Pro Rata
Bonus. Following such termination of Executive’s employment for Cause, Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(d) Termination by the Company without Cause. The Company may terminate Executive’s employment at any time without Cause,
effective upon Executive’s receipt of written notice of such termination. If Executive’s employment is terminated by the Company without Cause and Executive complies with Section 7(h) hereof, Executive shall be entitled to: 

(i) The Accrued Rights; 
 (ii) An
amount equal to the greater of (x) the sum of the Executive’s Base Salary for the years remaining in his Term of Employment, or (y) the sum of (A) one year of Executive’s then current Base Salary and (B) one year of
Executive’s Target Annual Bonus; 
 (iii) Any unpaid amounts remaining under the Transaction Cash Bonus; 

(iv) Fully accelerated vesting and immediate lapse of restrictions on the unvested portion of any equity awards previously granted; 

(v) Subject to Executive’s election of COBRA continuation coverage under the Company’s group health plan, the Company shall cover the
premium cost of such coverage monthly for the lesser of eighteen months following the Date of Termination or until the Executive no longer qualifies for COBRA continuance coverage. The Company’s obligation to cover the premium cost will
terminate if the Executive becomes eligible to obtain benefits under a subsequent employer’s benefit plan, and 
 (vi) At the
Company’s expense, continuation of the benefits in Section 5(b) until the later or (A) one year from the Date of Termination or (B) the end of the Term of Employment. 

  
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 The payments and benefits described in clauses (ii), (iv), (v) and (vi) above shall immediately
terminate, and the Company shall have no further obligations to Executive with respect thereto, if Executive materially breaches any provision of the Restrictive Covenants contained in Appendix B attached hereto. Following the Date of
Termination of Executive pursuant to this Section 7(d), except as set forth in Section 7(d) and Section 14, Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(e) Termination by Executive with Good Reason. Executive may terminate his employment with Good Reason by providing the Company
written notice setting forth in reasonable specificity the event that constitutes Good Reason, such notice to be received within thirty (30) days’ following the date that the Executive became aware of such event. Upon receipt of such
notice, the Company shall have thirty (30) days to cure. If not cured within such period, Executive’s termination shall be effective no later than thirty (30) days following the expiration of such cure period, and Executive shall be
entitled to the same payments and benefits as provided in Section 7(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 7(d) and Section 7(h)
hereof. Following the Date of Termination of Executive pursuant to this Section 7(e), except as set forth in Section 7(e) and Section 14, Executive shall have no further rights to any compensation or any other benefits under this
Agreement. 
 (f) Termination related to Change in Control. If at any time during the period beginning 90 days prior to a Change
in Control and ending one (1) year after a Change in Control, the Executive’s employment is terminated by the Company without Cause or by the Executive with Good Reason and Executive complies with Section 7(h) hereof, Executive shall
be entitled to: 
 (i) The Accrued Rights; 

(ii) An amount equal to the greater of (x) the sum of the Executive’s Base Salary for the years remaining in his Term of Employment,
or (y) two times the sum of (A) one year of Executive’s then current Base Salary and (B) one year of Executive’s Target Annual Bonus; 

(iii) Any unpaid amounts remaining under the Transaction Cash Bonus; 

(iv) Fully accelerated vesting and immediate lapse of restrictions on the unvested portion of any equity awards previously granted; 

(v) Subject to Executive’s election of COBRA continuation coverage under the Company’s group health plan, the Company shall cover the
premium cost of such coverage on a monthly basis for the lesser of eighteen months following the Date of Termination or until the Executive no longer qualifies for COBRA continuance coverage. The Company’s obligation to cover the premium cost
will terminate if the Executive becomes eligible to obtain benefits under a subsequent employer’s benefit plan; and 
 (vi) At the
Company’s expense, continuation of the benefits in Section 5(b) until the later or (A) one year from the Date of Termination or (B) the end of the Term of Employment. 

  
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 The payments and benefits described in clauses (ii), (iv), (v) and (vi) above shall immediately
terminate, and the Company shall have no further obligations to Executive with respect thereto, if Executive breaches any provision of the Restrictive Covenants contained in Appendix B attached hereto. Following such termination and except as
set forth in this Section 7(f) and Section 14, Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(g) Termination by Executive without Good Reason. Executive may terminate his employment without Good Reason by providing the
Company thirty (30) days’ written notice of such termination. In the event of a termination of employment by Executive under this Section 7(g), Executive shall be entitled only to the Accrued Rights. In the event of
termination of Executive’s employment under this Section 7(g), the Company may, in its sole and absolute discretion, by written notice accelerate such date of termination or remove him from any officer or director positions without
changing the characterization of such termination as a termination by Executive without Good Reason. Following the Date of Termination of Executive pursuant to this Section 7(g), except as set forth in Section 7(g) and
Section 14, Executive shall have no further rights to any compensation or any other benefits under this Agreement. 
 (h)
Release. Notwithstanding any provision herein to the contrary, the payment of any amount or provision of any benefit pursuant to subsection (b) (Disability only), (d), (e) or (f) of this Section 7 (other than the Accrued Rights
and Transaction Bonus) (collectively, the “Severance Benefits”) shall be conditioned upon Executive’s execution, delivery to the Company, and non-revocation of the Release of Claims (and
the expiration of any revocation period contained in such Release of Claims) within sixty (60) days following the date of Executive’s Date of Termination. Within fifteen (15) business days after the condition in the preceding
sentence is satisfied, amounts owed as Severance Benefits shall be payable in a single lump sum to Executive. If Executive fails to execute the Release of Claims in such a timely manner so as to permit any revocation period to expire prior to the
end of such sixty (60) day (or shorter) period, or timely revokes his acceptance of such release following its execution, Executive shall not be entitled to any of the Severance Benefits.

(i) Termination Procedures. 

(i) Notice of Termination. Any written notice of termination given under Section 7 of this
Agreement shall be provided to the other party in accordance with Section 18. In addition, any written notice pertaining to a termination by the Company for Cause or by Executive for Good Reason shall meet the requirements of a Notice of
Termination. A “Notice of Termination” means a written notice which (A) indicates the specific termination provision in this Agreement relied upon, to the extent applicable, (B) sets forth in reasonable detail the
facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated, and (C) the Date of Termination. 

(ii) Date of Termination. “Date of Termination” means (A) if Executive’s
employment is terminated by the Company for Cause, the date of expiration of the cure period set forth in Section 7(c), (B) if Executive’s employment is terminated by Executive for Good Reason, thirty (30) days following the date of
expiration of the cure period specified in Section 7(e), (C) if Executive’s employment is terminated by the Company other than for 

  
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Cause, death or Disability, the date on which the Company notifies Executive of such termination, (D) if Executive voluntarily resigns without Good Reason or terminates his employment for
Good Reason related to a Change in Control, the date at least thirty (30) days after Executive notifies the Company, subject to the Company’s right to accelerate such date of termination without changing the characterization of such
termination, and (E) if Executive’s employment is terminated by reason of death, the date of death of Executive, or if Executive’s employment is terminated by the Company due to Disability, the date that written notice of
determination of Executive’s Disability is made by the Determining Physician. 
 Section 8. Certain Payments. 

(a) In the event that any payment or benefit received or to be received by Executive pursuant to this Agreement or otherwise
(“Payments”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for this section, be subject to the excise tax imposed by Section 4999 of the Code,
any successor provisions, or any comparable federal, state, local or foreign excise tax (“Excise Tax”), then, subject to the provisions of this Section 8, such Payments shall be either (A) provided in full pursuant to the
terms of this Agreement or any other applicable agreement, or (B) provided as to such lesser extent which would result in no portion of such Payments being subject to the Excise Tax (“Reduced Amount”), whichever of the
foregoing amounts, taking into account the applicable federal, state, local and foreign income, employment and other taxes and the Excise Tax (including, without limitation, any interest or penalties on such taxes), results in the receipt by
Executive, on an after-tax basis, of the greatest amount of payments and benefits provided for hereunder or otherwise, notwithstanding that all or some portion of such Payments may be subject to the Excise
Tax. 
 (b) Unless the Company and Executive otherwise agree in writing, any determination required under this Section 8 shall be made
by an independent advisor designated by the Company and reasonably acceptable to Executive (“Independent Advisor”), whose determination shall be conclusive and binding upon Executive and the Company for all purposes. For
purposes of making the calculations required under this Section, the Independent Advisor may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application
of Sections 280G and 4999 of the Code; provided that the Independent Advisor shall assume that Executive pays all taxes at the highest marginal rate. The Company and Executive shall furnish to the Independent Advisor such information and
documents as the Independent Advisor may reasonably request in order to make a determination under this Section. The Company shall bear all costs that Independent Advisor may incur in connection with any calculations contemplated by this
Section. Any reduction of the Payments payable hereunder, if applicable, shall be made by first reducing the cash payments under Section 7, second by reducing COBRA reimbursement and lastly by reducing any other Payments in a manner
determined by the Company, in consultation with Executive in accordance with Code Section 409A. 

  
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 (c) If Executive is determined to be entitled to a Reduced Amount pursuant to
Section 8(a) and, notwithstanding any reduction described in this Section 8 (or in the absence of any such reduction), the Internal Revenue Service (“IRS”) determines that Executive is liable for the Excise Tax as a result
of the receipt of one or more Payments, then Executive shall be obligated to surrender or pay back to the Company, within one hundred twenty (120) days after a final IRS determination, an amount of such payments or benefits equal to the
“Repayment Amount.” The Repayment Amount with respect to such Payments shall be the smallest such amount, if any, as shall be required to be surrendered or paid to the Company so that Executive’s net proceeds with respect to
such Payments (after taking into account the payment of the excise tax imposed on such Payments) shall be maximized. Notwithstanding the foregoing, the Repayment Amount with respect to such Payments shall be zero if a Repayment Amount of more
than zero would not eliminate the Excise Tax imposed on such Payments or if a Repayment Amount of more than zero would not maximize the net amount received by Executive from the Payments. If the Excise Tax is not eliminated pursuant to this
Section 8, Executive shall pay the Excise Tax. 
 Section 9. Restrictive Covenants. Executive acknowledges and recognizes the
highly competitive nature of the businesses of the Company and accordingly agrees, as a condition of Executive’s continued employment with the Company, to be bound by and comply with the Restrictive Covenants contained in Appendix B
attached hereto and incorporated by reference herein. Executive acknowledges and agrees that the Company’s remedies at law for a breach or threatened breach of any of the provisions of Section 1 of Appendix B or a
material breach or material threatened breach of any of the provisions of Section 2 of Appendix B of this Agreement would be inadequate and the Company would suffer irreparable damages as a result of such breach or threatened
breach. In recognition of this fact, Executive agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, the Company, without posting any bond, shall be entitled to obtain equitable relief in the form
of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available.

Section 10. Representation and Warranty of Executive. Executive represents and warrants to the Company that Executive has had
the opportunity to consult with, and is represented by, his own tax and legal advisor(s) in connection with the negotiation and preparation of this Agreement. 

Section 11. Taxes. The Company may withhold from any payments made under this Agreement all applicable taxes, including but not
limited to income, employment, and social insurance taxes, as shall be required by law. Executive acknowledges and represents that the Company has not provided any tax advice to him in connection with this Agreement and that he has been advised
by the Company to seek tax advice from his own tax advisors regarding this Agreement and payments that may be made to him pursuant to this Agreement, including specifically, the application of the provisions of Section 409A of the Code to such
payments. 
 Section 12. Additional Section 409A Provisions. 

Notwithstanding any provision in this Agreement to the contrary: 

  
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 (a) Any payment otherwise required to be made hereunder to Executive at any date as a result
of the termination of Executive’s employment shall be delayed for such period of time as may be necessary to meet the requirements of Section 409A(a)(2)(B)(i) of the Code (the “Specified Employee Delay Period”). On
the first business day following the expiration of the Specified Employee Delay Period, Executive shall be paid, in a single cash lump sum, an amount equal to the aggregate amount of all payments delayed pursuant to the preceding sentence, and any
remaining payments not so delayed shall continue to be paid pursuant to the payment schedule set forth herein. 
 (b) Each payment in a
series of payments hereunder shall be deemed to be a separate payment for purposes of Section 409A of the Code. 
 (c) To the extent
that any right to reimbursement of expenses or payment of any benefit in-kind under this Agreement constitutes nonqualified deferred compensation (within the meaning of Section 409A of the Code), (i) any such expense reimbursement shall be
made by the Company no later than the last day of the taxable year following the taxable year in which such expense was incurred by Executive, (ii) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange
for another benefit, and (iii) the amount of expenses eligible for reimbursement or in-kind benefits provided during any taxable year shall not affect the expenses eligible for reimbursement or in-kind benefits to be provided in any other
taxable year; provided, that the foregoing clause shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of the Code solely because such expenses are subject to a limit related to
the period the arrangement is in effect. 
 (d) The payments and benefits provided hereunder are intended to be structured in a manner to
avoid the implication of any penalty taxes under Section 409A of the Code, and shall be interpreted consistent with such intent. Notwithstanding the foregoing, in no event whatsoever shall the Company be liable for any additional tax, interest,
or penalties that may be imposed on Executive as a result of Section 409A of the Code or any damages for failing to comply with Section 409A of the Code (other than for withholding obligations or other obligations applicable to employers,
if any, under Section 409A of the Code). If any provision of this Agreement (or of any award of compensation, including equity compensation or benefits) would cause Executive to incur any additional tax or interest under Section 409A
of the Code, the Company shall, after consulting with and receiving the approval of Executive, reform such provision in a manner intended (but not guaranteed by the Company) to avoid the incurrence by Executive of any such additional tax or
interest. 
 Section 13. Successors and Assigns; No Third-Party Beneficiaries. 

(a) The Company. This Agreement shall inure to the benefit of the Company and its respective successors and
assigns. Neither this Agreement nor any of the rights, obligations, or interests arising hereunder may be assigned by the Company to a Person without Executive’s prior written consent (which shall not be unreasonably withheld, delayed, or
conditioned); provided, however, that in the event of a sale of all or substantially all of the assets of the Company, the Company may provide that this Agreement will be assigned to, and assumed by, the acquiror of such
assets without Executive’s consent.

  
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 (b) Executive. Executive’s rights and obligations under this Agreement
shall not be transferable by Executive by assignment or otherwise, without the prior written consent of the Company, except that Executive may assign benefits payable in the event of Executive death under Section 7(b) of this Agreement to a
trust of which he is the sole beneficiary during his lifetime. In the event of Executive’s death, all amounts then payable to Executive under this Agreement shall be paid in accordance with the terms of this Agreement to Executive’s
devisee, legatee, trust, or other designee, or if there be no such designee, to Executive’s estate. 
 (c) No Third-Party
Beneficiaries. Except as otherwise set forth in Section 7(b) or Section 13(b) hereof, nothing expressed or referred to in this Agreement will be construed to give any Person other than the Company and Executive any legal or
equitable right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement. 
 Section 14. Disputes; Legal Fees.

 (a) Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively in the courts of
the State of Delaware or if appropriate, a federal court located in the Eastern District of Virginia, Alexandria Division (which courts, for purposes of this Agreement and the Release of Claims, are the only courts of competent
jurisdiction). The parties hereto irrevocably agree to submit to the jurisdiction and venue of the courts of the State of Delaware or federal court in the Eastern District of Virginia in any action or proceeding brought with respect to or in
connection with this Agreement. In the event of any material contest or dispute relating to this Agreement or the termination of Executive’s employment hereunder, each of the parties shall bear its own costs and expenses, except that the
Company agrees to promptly reimburse Executive for his costs and expenses (including reasonable attorneys’ fees and expenses) incurred by Executive in connection with such contest or dispute, in the event that Executive substantially prevails
in such contest or dispute. Any reimbursements that become payable pursuant to the preceding sentence shall be paid within 15 days following receipt of an appropriately detailed invoice. 

(b) Legal Fees Incurred in Negotiating the Agreement. The Company shall pay or Executive shall be reimbursed for Executive’s
reasonable legal fees incurred in negotiating and drafting this Agreement up to a maximum of $10,000. 
 Section 15. Waiver and Amendments. Any
waiver, alteration, amendment, or modification of any of the terms of this Agreement shall be valid only if made in writing and signed by each of the parties; provided, however, that any such waiver, alteration, amendment, or
modification must be consented to on the Company’s behalf by the Compensation Committee and the Board. No waiver by either of the parties hereto of their rights hereunder shall be deemed to constitute a waiver with respect to any
subsequent occurrences or transactions hereunder unless such waiver specifically states that it is to be construed as a continuing waiver. 

Section 16. Severability. If any covenants or such other provisions of this Agreement are found to be invalid or unenforceable by a final
determination of a court of competent jurisdiction, (a) the remaining terms and provisions hereof shall be unimpaired, and (b) the invalid or unenforceable term or provision hereof shall be deemed replaced by a term or provision that is
valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision hereof. 

  
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 Section 17. Governing Law; Waiver of Jury Trial. 

THIS AGREEMENT IS GOVERNED BY AND IS TO BE CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE WITHOUT GIVING EFFECT TO THE PRINCIPLES OF
CONFLICTS OF LAWS. EACH PARTY TO THIS AGREEMENT ALSO HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY SUIT, ACTION, OR PROCEEDING UNDER OR IN CONNECTION WITH THIS AGREEMENT. 

Section 18. Notices. 

(a) Place of Delivery. Every notice or other communication relating to this Agreement shall be in writing, and shall be
delivered by Overnight Mail to or directly hand delivered to the party for whom or which it is intended at such address as may from time to time be designated by it in a notice mailed or delivered to the other party as herein
provided; provided, that unless and until some other address be so designated, all notices and communications by Executive to the Company shall be delivered by Overnight Mail to or directly hand delivered to the Company at its principal
executive office to the attention of the Chief Legal Officer, and all notices and communications by the Company to Executive shall be directly hand delivered to Executive personally or, if not so hand delivered, shall be delivered by Overnight Mail
to Executive at Executive’s last known address, as reflected in the Company’s records. 
 (b) Date of
Delivery. Any notice so addressed shall be deemed to be given (i) if delivered by hand, on the date of such delivery, and (ii) if delivered by Overnight Mail, on the first business day following the date of such mailing, 

Section 19. Section Headings. The headings of the sections and subsections of this Agreement are inserted for convenience only and shall not be
deemed to constitute a part thereof or affect the meaning or interpretation of this Agreement or of any term or provision hereof. 
 Section 20.
Entire Agreement. This Agreement, together with any exhibits and appendices attached hereto and any equity award grants referenced herein to be made by the Company to Executive, constitutes the entire understanding and agreement of the parties
hereto regarding the employment of Executive. This Agreement supersedes all prior negotiations, discussions, correspondence, communications, understandings, and agreements between the parties relating to the subject matter of this Agreement.

 Section 21. Survival of Operative Sections. Upon any termination of Executive’s employment, the provisions of Section 7 through
Section 21 of this Agreement (together with any related definitions set forth in Appendix A hereof) and Appendix B shall survive to the extent necessary to give effect to the provisions thereof. 

Section 22. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original but all of
which together shall constitute one and the same instrument. The execution of this Agreement may be by actual or facsimile signature. 

*         *         * 

  
 12 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above
written. 
  

	
	BOWMAN CONSULTING GROUP LTD.
	
	/s/ Gary P. Bowman
	Gary P. Bowman
	Chief Executive Officer and President and
	
	EXECUTIVE
	
	/s/ Robert Hickey
	Robert Hickey

  
 13 

 APPENDIX A 

Definitions 

(a) “Accrued Rights” shall mean (i) all accrued but unpaid Base Salary through the Date of Termination, to be paid
within thirty (30) days following Date of Termination or such earlier date as required by applicable law, (ii) an amount equal to Executive’s Pro Rata Bonus, to be paid within thirty (30) days following Date of Termination,
(iii) any unpaid or unreimbursed expenses incurred through the Date of Termination in accordance with Sections 5(b) or 6 hereof, to be paid within thirty (30) days following Date of Termination, and (iv) any benefits provided under
the Company’s employee benefit plans or any incentive plans upon a termination of employment, including rights with respect to Company equity, in accordance with the terms contained therein. 

(b) “Agreement” shall have the meaning set forth in the preamble. 

(c) “Annual Bonus” shall have the meaning set forth in Section 4(b). 

(d) “Average Fair Market Value” shall mean the average of the closing prices of the Company’s common stock on the
Nasdaq Global Market or such other established stock exchange on which the Company’s common stock is listed for the 20 trading days preceding the date of the grant of an equity award. 

(e)”Base Salary” shall mean the salary provided for in Section 4(a). 

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

(g) “Cause” shall mean Executive’s (i) continued and willful failure, or refusal by Executive, to
substantially perform his duties or responsibilities to the Company under this Agreement (other than as a result of Disability), (ii) engaging in gross negligence or willful misconduct that has a material adverse effect on the reputation or
business of the Company, (iii) fraud or embezzlement committed by the Executive (or at his direction), or misappropriation (or attempted misappropriation) by Executive of any Company funds, (iv) conviction of, or pleading
“guilty” or “no contest” to, (1) a felony or (2) any other criminal charge that has, or could be reasonably expected to have, an adverse impact on the performance of Executive’s duties to the Company or otherwise
have an adverse impact on the reputation or business of the Company, or (v) material breach of this Agreement or material breach of the Restrictive Covenants contained in Appendix B.

For purposes of this Section (g), no act or failure to act by Executive shall be considered “willful” unless it is done, or omitted to be done, in
bad faith and without reasonable belief that Executive’s action or omission was in the best interests of the Company. Any action or inaction of Executive taken in reliance on the advice of the Company’s Chief Legal Officer, outside
counsel to the Company, or at the direction of the Board or any committee thereof shall be considered to have been taken or not taken in good faith, and not in bad faith. 

(h) “Change in Control” shall have the meaning assigned to such term in the Equity Plan, as amended from time to time
(or any successor plan). 

  
 14 

 (i) “Code” shall mean the Internal Revenue Code of 1986, as amended,
and the rules and regulations promulgated thereunder. 
 (j) “Company” shall have the meaning set forth in the
preamble. 
 (k) “Compensation Committee” shall mean the committee of the Board designated to make compensation
decisions relating to senior executive officers of the Company. 
 (l) “Delay Period” shall have the meaning set forth
in Section 12. 
 (m) “Determining Physician” shall mean a physician satisfactory to both the Executive and the
Company who is appointed by the Company for the purpose of determining Executive’s Disability; provided, however, that if the Employee and the Company do not agree on a physician, the Employee and the Company shall each select a physician and
these two together shall select a third physician who shall serve as the Determining Physician and whose determination as to Disability shall be final and conclusive for all purposes of this Agreement. 

(n) “Disability” shall mean any physical or mental disability or infirmity of Executive that prevents, with reasonable
accommodation to the extent required by applicable law, the performance of Executive’s duties for a period of (i) one hundred eighty (180) consecutive days or (ii) two hundred seventy (270) non-consecutive days during any
twelve (12) month period. Any question as to the existence, extent, or potentiality of Executive’s Disability upon which Executive and the Company cannot agree shall be determined by a Determining Physician. The determination of
any such Determining Physician shall be final and conclusive for all purposes of this Agreement. 
 (o) “Executive”
shall have the meaning set forth in the preamble. 
 (p) “Excise Tax” shall have the meaning set forth in
Section 8. 
 (q) “Good Reason” shall mean: 

(i) without Executive’s written consent, (1) a material diminution in Executive’s title, duties, or
responsibilities as set forth in Section 3, (2) a reduction in Base Salary set forth in Section 4(a), (3) a material diminution in Executive’s total overall compensation opportunity, which includes the sum of
Executive’s Base Salary, Annual Bonus opportunity, historic grant date value of annual equity awards and benefits and allowances under Section 5 of this Agreement or (4) the relocation of Executive’s principal place of
performance by more than twenty-five (25) miles from the Company’s headquarters or (5) in the event of a sale of all or substantially all the assets of the Company, a failure of the Company under Section 13 to have this Agreement
assigned to, or assumed by, the acquiror within 15 business days of such sale; or 
 (ii) written notice by the Company to
the Executive of nonrenewal of the Agreement under Section 2 without an offer to the Executive of at-will employment with substantially the same title, duties and responsibilities, total overall compensation opportunity and principal place of
performance as in effect prior to receipt of the notice of nonrenewal. 

  
 15 

 (r) “Independent Advisor” shall have the meaning set forth in
Section 8. 
 (s) “IRS” shall have the meaning set forth in Section 8. 

(t) “Notice of Termination” shall have the meaning set forth in Section 7(i). 

(u) “Overnight Mail” means express or priority mail with a delivery confirmation or an overnight service with an on-line
tracking system. 
 (v) “Payments” shall have the meaning set forth in Section 8. 

(w) “Person” shall mean any individual, corporation, partnership, limited liability company, joint venture,
association, joint-stock company, trust (charitable or non-charitable), unincorporated organization, or other form of business entity. 

(x) “Pro Rata Bonus” shall mean an amount equal to Executive’s Target Annual Bonus for the current fiscal year (or such
greater amount as may be determined by the Board of Directors) multiplied by a fraction, the numerator of which is the number of days in the fiscal year through Executive’s Date of Termination and the denominator of which is the 365. 

(y) “Reduced Amount” shall have the meaning set forth in Section 8. 

(z) “Release of Claims” shall mean Executive’s release of claims, substantially in the form attached hereto as
Exhibit 1. 
 (aa) “Repayment Amount” shall have the meaning set forth in Section 8. 

(bb) “Restrictive Covenants” shall mean the restrictive covenants contained in Appendix B attached
hereto. 
 (cc) “Severance Benefits” shall have the meaning set forth in Section 7(h). 

  
 16 

 APPENDIX B 

Restrictive Covenants 

1. Non-Competition; Non-Solicitation; Non-Disparagement. 

(a) Executive acknowledges and recognizes the highly competitive nature of the businesses of the Company and its Affiliates and accordingly
agrees as follows: 
 (i) During Executive’s employment with the Company or its Affiliates and for a period of 12 months
following the date Executive ceases to be employed by the Company or its Affiliates (the “Restricted Period”), Executive will not, whether on Executive’s own behalf or on behalf of or in conjunction with any person, firm,
partnership, joint venture, association, corporation or other business organization, entity or enterprise whatsoever (“Person”), directly or indirectly solicit or assist in soliciting in competition with the Restricted Group in the
Business, the business of any then current or prospective client or customer with whom Executive (or his direct reports) had personal contact or dealings on behalf of the Company or its Affiliates during the two-year period preceding
Executive’s termination of employment. 
 (ii) During the Restricted Period, Executive will not directly or indirectly
in any state or the District of Columbia where the Company maintains an office with a minimum of twenty employees : 
 (A)
enter the employ of a Competitor, except where such employment does not relate in any manner to the Business; 
 (B) without
the prior written authorization of the Board, which consent may be withheld at the Board’s sole and absolute discretion, render any services to a Competitor; except where such services do not relate in any manner to the Business; 

(C) acquire a financial interest in and otherwise become actively involved in the Business with any Person as, a general
partner, shareholder, officer, director, principal, member, manager, agent, trustee or lender; or 
 (D) intentionally and
adversely interfere with, or attempt to adversely interfere with, business relationships between the members of the Restricted Group and any of their clients, customers, suppliers, partners, members or investors. 

(iii) Executive may, directly or indirectly own, solely as an investment, securities of any Person engaged in a Business
(including, without limitation, a Competitor) if Executive (A) is not a Controlling Person of, or a member of a group which Controls, such Person and (B) does not, directly or indirectly, own 2% or more of any class of securities of such
Person. 
 (iv) During Executive’s employment with the Company and during the Restricted Period, Executive will not,
whether on Executive’s own behalf or on behalf of or in conjunction with any Person, directly or indirectly: 

  
 17 

 (A) solicit or encourage any employee of the Restricted Group to leave the
employment of the Restricted Group; 
 (B) hire any executive-level employee who was employed by the Restricted Group as of
Executive’s Date of Termination or who left the employment of the Restricted Group coincident with, or within one year prior to or after, the Executive’s Date of Termination; or 

(C) encourage any material consultant of the Restricted Group to cease working with the Restricted Group. 

(v) For purposes of this Appendix B: 

(A) “Affiliate” shall mean, with respect to any Person, any other Person which directly or indirectly through
one or more intermediaries Controls, is controlled by, or is under common control with, such Person 
 (B)
“Business” shall mean business of providing professional civil engineering, right-of-way acquisition, structural engineering, land surveying, land planning, mining engineering, environmental engineering and consulting, landscape
architecture, traffic and transportation planning and engineering, construction engineering and inspection, construction management, mechanical, electrical and plumbing engineering, renewable energy consulting, and other services related to any of
the foregoing. 
 (C) “Competitor” shall mean any Person engaged in the Business in direct competition
with the Restricted Group, but excluding any Person that (i) has been in Business for at least one year and (ii) derived less than 10% of its gross revenue during its most recent fiscal year from activities, individually or in the
aggregate, the same as or similar to the Business. 
 (D) “Control” (including the terms
“controlling”, “controlled by” or “under common control with”) shall mean the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the
ownership of voting securities or by contract. 
 (F) “Restricted Group” shall mean, collectively, the
Company and its Affiliates. 
 (G) “Timely” shall mean in a timely manner not in excess of 10 business
days. 
 (b) Non-Disparagement. Executive will not at any time (whether during or after Executive’s employment with the Company)
make public statements or public comments of a defamatory or disparaging nature that are likely to be harmful to the business, business reputation or personal reputation of the Company or its Affiliates or any of their respective businesses,
shareholders, members, partners, employees, officers, or directors (it being understood that comments made in Executive’s good faith performance of his duties hereunder shall not be deemed disparaging or defamatory for purposes of this
paragraph). 

  
 18 

 The Company (via any official statement) shall not, and shall instruct its executive
officers and directors to not, at any time make any public statements or public release of a defamatory or disparaging nature regarding Executive’s reputation in the business community (it being understood that comments made by the Company in
the good faith and in ordinary course of business shall not be deemed disparaging or defamatory for purposes of this paragraph). 

Notwithstanding anything in this Section 1(b), either Executive or the Company (including its officers and directors) shall be permitted
to (x) provide a reasonable and truthful response to or statement to defend itself or him/herself against any public statement made by the Company or Executive, as applicable, that is incorrect or disparages such person, to the extent necessary
to correct or refute such public statement and (y) provide truthful testimony in any legal proceeding or process. For the avoidance of doubt, and notwithstanding the foregoing, nothing in this Agreement shall prohibit Executive from
communicating with a government agency, regulator or legal authority concerning any possible violations of federal or state law or regulation prevent or limit Executive from discussing his terms and conditions of employment. Nothing in this
Agreement, however, authorizes the disclosure of information Executive obtained through a communication that was subject to the attorney-client privilege, unless disclosure of the information (A) would otherwise be permitted by an applicable
law or rule, or (B) is necessary in order to comply with an order from a court or other governmental body of competent jurisdiction and is in connection with compliance with such order. 

(c) It is expressly understood and agreed that, although Executive and the Company consider the restrictions contained in this Section 1
to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in this Appendix B is an unenforceable restriction against Executive, the provisions of
this Appendix B shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of
competent jurisdiction finds that any restriction contained in this Appendix B is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions
contained herein. 
 (d) The period of time during which the provisions of this Section 1 shall be in effect shall be extended by the
length of time during which Executive is in breach of the terms hereof as determined by any court of competent jurisdiction on the Company’s application for injunctive relief. 

(e) The provisions of Section 1 hereof shall survive the termination of Executive’s employment for any reason, including but not
limited to, any termination other than for Cause (except as otherwise set forth in Section 1 hereof). 
 2. Confidentiality; Intellectual
Property. 
 (a) Confidentiality. 

(i) Executive will not at any time (A) retain or use for the benefit, purposes or account of Executive or any other
Person; or (B) disclose, divulge, reveal, communicate, share, transfer or provide access to any Person outside the Company (other than its professional advisers who are bound by confidentiality obligations or otherwise in performance of
Executive’s duties under Executive’s employment and 

  
 19 

 
pursuant to customary industry practice), any non-public, proprietary or confidential information concerning the Company or its business, systems, operations, customers, procedures, manuals,
software, equipment and other processes, as well as the Company’s business and technical information including, without limitation, all brochures, flyers, promotional materials and literature, mailing lists, lists of customers and prospective
customers, sales and marketing techniques, names and addresses of the Company’s customers or clients, business plans, marketing materials or information, financial and marketing data, customer drawings and/or Computer Aided Designs
(“CAD”), Company employee information (including but not limited to employee compensation, employee capabilities and abilities, and employee performance reviews), or any other information relating to the Company’s customers, designs,
processes, software, procedures, or business, all of which constitute valuable, special, and unique assets of the Company (“Confidential Information”) without the prior written authorization of the Board. 

(ii) “Confidential Information” shall not include any information that is (A) generally known to the
industry or the public other than as a result of Executive’s breach of this covenant; (B) made legitimately available to Executive by a third party without breach of any confidentiality obligation of which Executive has knowledge; or
(C) required by law or by order from a court or other governmental body of competent jurisdiction to be disclosed; provided that with respect to subsection (C) Executive shall give prompt written notice to the Company of
such requirement, disclose no more information than is so required, and reasonably cooperate with any attempts by the Company to obtain a protective order or similar treatment. 

(iii) Upon termination of Executive’s employment with the Company for any reason, Executive shall (A) cease and
not thereafter commence use of any Confidential Information or intellectual property (including without limitation, any patent, invention, copyright, trade secret, trademark, trade name, logo, domain name or other source indicator) owned or used by
the Company or its Affiliates; and (B) upon request of the Company, Timely destroy, delete, or return to the Company, at the Company’s option, all originals and copies in any form or medium (including memoranda, books, papers, plans,
computer files, letters and other data) in Executive’s possession or control (including any of the foregoing stored or located in Executive’s office, home, laptop or other computer, whether or not Company property) that contain
Confidential Information, except that Executive may retain only those portions of any personal notes, notebooks and diaries that do not contain any Confidential Information. 

(b) Intellectual Property. 

(i) If Executive has created, invented, designed, developed, contributed to or improved any works of authorship,
inventions, intellectual property, materials, documents or other work product (including without limitation, research, reports, software, databases, systems, applications, presentations, textual works, content, or audiovisual materials)
(“Works”), either alone or with third parties, prior to Executive’s employment by the Company, that are relevant to or implicated by such employment and in which Executive has exclusive, unfettered ownership (“Prior
Works”), Executive hereby grants the Company a perpetual, non-exclusive, royalty-free, worldwide, assignable, sublicensable license under all rights and intellectual property rights (including rights under patent, industrial property,
copyright, trademark, trade secret, unfair competition and related laws) therein for all purposes in connection with the Company’s current and future business. 

  
 20 

 (ii) If Executive creates, invents, designs, develops, contributes to
or improves any Works, either alone or with third parties, at any time during Executive’s employment by the Company and within the scope of such employment and with the use of any Company resources (“Company Works”), Executive
shall promptly and fully disclose same to the Company and hereby irrevocably assigns, transfers and conveys, to the maximum extent permitted by applicable law, all rights and intellectual property rights therein (including rights under patent,
industrial property, copyright, trademark, trade secret, unfair competition and related laws) to the Company to the extent ownership of any such rights does not vest originally in the Company. 

(iii) Upon request by the Company, Executive shall Timely take all reasonably requested actions and execute all reasonably
requested documents (including any licenses or assignments required by a government contract) at the Company’s expense (but without further remuneration) to assist the Company in validating, maintaining, protecting, enforcing, perfecting,
recording, patenting or registering any of the Company’s rights in the Prior Works and Company Works. Executive also waives any moral rights to Prior Works and Company Works. 

(iv) The provisions of Section 2 hereof shall survive Executive’s Date of Termination (except as otherwise set
forth in Section 2(a)(iii) hereof). 

  
 21 

 SCHEDULE I 
  

	1.	 Bowman Realty Investments 2010, LLC 

 

	2.	 Bowman Realty Investments 2013,LLC 

 

	3.	 BCG Chantilly, LLC 

  

	4.	 MREC Shenandoah VA LLC 

  
 22 

 EXHIBIT 1 

FORM OF RELEASE OF CLAIMS 

This Release of Claims (this “Release”), once executed, shall be incorporated into the Employment Agreement (as defined below). 

In consideration of the “Severance Benefits” defined under Section 7(h) of the employment agreement dated April
            , 2021 by and between Bowman Consulting Group Ltd, a Delaware corporation (the “Company”), and
            (the “Undersigned”) (the “Employment Agreement”), with the promises and covenants that the Company and the Undersigned made thereunder, the
Undersigned, on behalf of himself and his respective heirs, representatives, executors, family members, and assigns, hereby fully and forever releases and discharges the Company, and its past, present and future directors, officers, employees,
agents, attorneys, investors, administrators, affiliates, divisions, subsidiaries, predecessors, successors, and assigns (collectively, the “Company Parties”) from and against, and agrees not to sue or otherwise institute or cause to be
instituted any legal, alternative dispute resolution, or administrative proceeding concerning, any claim, duty, obligation, or cause of action relating to any matters of any kind, whether presently known or unknown, suspected or unsuspected, that he
may possess arising from any omissions, acts, or facts that have occurred through the date his employment terminates, including without limitation (individually a “Claim” and collectively “Claims”): 

 

	 	(i)	 Any and all claims relating to or arising from his employment by the Company and the termination of such
employment, including allegations that any of the Company Parties has violated its personnel policies, handbooks, contracts of employment, or covenants of good faith and fair dealing; 

 

	 	(ii)	 Any and all claims under the Employment Agreement or any other agreement or understanding governing the service
relationship between the Company and the undersigned; 

  

	 	(iii)	 Any and all claims against any of the Company Parties for wrongful discharge, termination in violation of good
policy, discrimination, breach of contract, both expressed or implied, covenants of good faith or fair dealing, both expressed or implied, promissory estoppel, negligent or intentional infliction of emotional distress, negligent or intentional
misrepresentation, negligent or intentional interference with contract or prospective economic advantage, unfair business practice, defamation, libel, slander, negligence, personal injury, assault, battery, invasion of privacy, false imprisonment,
or conversion; 

  

	 	(iv)	 Any and all claims against any of the Company Parties alleging any of the Company Parties has discriminated
against the Undersigned on the basis of age, race, color, sex (including sexual harassment), national origin, ancestry, disability, religion, sexual orientation, marital status, parental status, source of income, entitlement to benefits, any union
activities or other protected category or has otherwise violated any federal, 

  
 23 

	 	
state or municipal statute, including, without limitation, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1967, the Americans
with Disabilities Act of 1990, the Fair Labor Standards Act, the Employee Retirement Income Security Act of 1974, the Worker Adjustment and Retraining Notification Act, the Equal Pay Act, the Genetic Information Nondiscrimination Act, the Family and
Medical Leave Act, the Virginia Human Rights Act, the Older Workers Benefit Protection Act, the anti-retaliation provisions of the Sarbanes-Oxley Act, or any other federal or state law regarding whistleblower retaliation, the Lilly Ledbetter Fair
Pay Act, the Uniformed Services Employment and Reemployment Rights Act, the Fair Credit Reporting Act, the National Labor Relations Act; and all amendments to each such Acts as well as the regulations issued there under; 

 

	 	(v)	 Any and all claims based on the violation of the federal or any state constitution; and 

 

	 	(vi)	 Any and all claims for attorneys’ fees and costs. 

Other than events expressly contemplated by this Release, the Undersigned does not waive or release rights or Claims: 

 

	 	(i)	 that may arise from events that occur after the date this Release is executed; 

 

	 	(ii)	 for indemnification and/or advanced expenses under applicable law, any directors’ and officers’
liability insurance, any indemnification agreement, the Employer’s certificate of incorporation or by-laws; 

  

	 	(iii)	 to enforce the Employment Agreement; or 

 

	 	(iv)	 any Claims which cannot be waived by law, including, without limitation, any rights the Undersigned may have
under applicable workers’ compensation laws and his right, if applicable, to file or participate in an investigative proceeding of any federal, state, or local governmental agency. 

Nothing in this Release shall prevent the Undersigned from filing, cooperating with, or participating in any proceeding or investigation before the Equal
Employment Opportunity Commission, United States Department of Labor, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal government agency, or similar
state or local agency (“Government Agencies”), or exercising any rights pursuant to Section 7 of the National Labor Relations Act. The Undersigned further understands this Release does not limit his ability to voluntarily communicate
with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. While this Release does not
limit the Undersigned’s right to receive an award for information provided to the Securities and Exchange Commission, the Undersigned understands and agrees that, he is otherwise waiving, to the fullest extent permitted

  
 24 

 
by law, any and all rights he may have to individual relief based on any Claims that he has released and any rights he has waived by signing this Release. If any Claim is not subject to release,
to the extent permitted by law, the Undersigned waives any right or ability to be a class or collective action representative or to otherwise participate in any putative or certified class, collective or multi-party action or proceeding based on
such a Claim in which any of the Company Parties is a party. This Release does not abrogate the Undersigned existing rights under any Company benefit plan or any plan or agreement related to equity ownership in the Company; however, it does waive,
release, and forever discharge Claims existing as of the date the Undersigned executes this Release pursuant to any such plan or agreement. 

The Undersigned acknowledges and agrees that (i) the consideration given to the Undersigned in exchange for the waiver and release in
this Release is in addition to anything of value to which the Undersigned was already entitled, and (ii) that the Undersigned has been paid for all time worked, has received all the leave, leaves of absence and leave benefits and protections
for which the Undersigned is eligible, and has not suffered any on-the-job injury for which the Undersigned has not already filed a Claim. The Undersigned affirms that all of the decisions of the Company Parties regarding his pay and benefits
through the date of his execution of this Release were not discriminatory based on age, disability, race, color, sex, religion, national origin or any other classification protected by law. The Undersigned affirms that he has not filed or caused to
be filed, and is not presently a party to, a Claim against any of the Company Parties. The Undersigned further affirms that he has no known workplace injuries or occupational diseases. The Undersigned acknowledges and affirms that he/she has not
been retaliated against for reporting any allegation of corporate fraud or other wrongdoing by any of the Company Parties, or for exercising any rights protected by law, including any rights protected by the Fair Labor Standards Act, the Family
Medical Leave Act or any related statute or local leave or disability accommodation laws, or any applicable state workers’ compensation law. The Undersigned expressly acknowledges and understands that this Release: (i) is not an admission
of liability under any statute or otherwise by the Company or any of the Company Parties, and (ii) does not admit any violation of Employee’s legal rights. 

The Undersigned acknowledges that 
  

	 	(i)	 he has been advised by Company to consult a lawyer of his own choice prior to executing this Release and has
done so, or voluntarily declined to seek such counsel; 

  

	 	(ii)	 he has read this Release and understands the terms and conditions hereof and the binding nature hereof;

  

	 	(iii)	 he has had at least twenty-one (21) days within which to consider the terms of this Release and has
been given sixty (60) days from his Date of Termination to return his execution of this Release; 

  

	 	(iv)	 he has executed this Release voluntarily and without duress or undue influence on the part of the Company;

  

	 	(v)	 he has seven (7) days to revoke his execution of this Release by notifying Company of any such
revocation in writing at the following address: 12355 Sunrise Valley Drive, Suite 520, Reston, VA 20191, Attention: Law Department; 

  
 25 

	 	(vi)	 he understands that execution of this Release shall not be effective until expiration of the seven
(7) day revocation period; and 

  

	 	(vii)	 he understands that his right to receive Severance Benefits under Section 7(h) of the Employment
Agreement is subject to and conditioned on the Undersigned’s signing and delivering this Release to Company and the Release becoming effective prior to the expiration of the seven (7) day revocation period. 

In the event Undersigned breaches any terms of this Release, the Undersigned understands that he shall forfeit all rights to Severance Benefits, and in
addition to any and all other remedies available under law or equity to the Company, the Undersigned shall be obligated to repay to the Company, all Severance Benefits previously paid under the Employment Agreement, as well as all reasonable
attorneys’ fees, expenses and costs incurred by Company Parties. 
 Capitalized terms used in this Release and defined in the Employment Agreement
shall have the meanings given to such terms under the Employment Agreement. 
  

	
	  
 Printed Name

	
	  
 Signature

	
	Date: ________________________

  
 26EX-10.13

 Exhibit 10.13 

BOWMAN CONSULTING GROUP LTD. 

2021 OMNIBUS EQUITY INCENTIVE PLAN 

SECTION 1. 

ESTABLISHMENT, OBJECTIVES AND DURATION 

1.1. ESTABLISHMENT. Subject to the approval of the stockholders of Bowman Consulting Group Ltd. (the “Company”), the Company
has established the Bowman Consulting Group, Ltd. 2021 Omnibus Equity Incentive Plan (the “Plan”), as set forth herein, conditioned upon and effective as of the completion of the initial public offering of the Company’s
common stock (“Effective Date”). The Plan supersedes and replaces (subject to the last sentence of Section 1.4) any prior plan for stock bonus grants or stock option grants to employees of the Company (collectively the
“Prior Plan”), except that the Prior Plan shall remain in effect with respect to awards granted under such Prior Plan until such awards have been exercised, forfeited, canceled, expired or otherwise terminated in accordance
with the terms of such awards. 
 1.2. PURPOSE. The purpose of the Plan is to enhance stockholder value by linking long-term incentive compensation to
the financial performance of the Company and to further align Participants’ financial rewards with the financial rewards realized by the Company and its stockholders. The Plan is also a vehicle to attract and retain key personnel. To accomplish
the foregoing, the Plan provides that the Company may grant Incentive Stock Options, Nonqualified Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and/or Performance Units. 

1.3. DURATION. The Plan shall remain in effect, subject to the right of the Company’s Board of Directors to amend or terminate the Plan at any time
pursuant to Section 14, until the earlier of ten (10) years following its Effective Date or the date that all Shares subject to the Plan shall have been purchased or granted according to the Plan’s provisions. 

1.4. APPROVAL BY STOCKHOLDERS. The Plan has been adopted by the Board of Directors subject to approval by the stockholders of the Company at a special
meeting of stockholders held following the adoption by the Board. Awards may be granted prior to stockholder approval, but no Award may be exercised or settled until the Plan is approved by the stockholders, and if the Plan is not so approved within
twelve (12) months before or after the Effective Date, the Plan and all Awards granted under the Plan shall be null and void; provided, however, that to the extent any Award could have been granted under the Prior Plan, it shall not be
void, but shall be treated as having been granted under such Prior Plan. 
 SECTION 2. 

DEFINITIONS 
 Whenever used
in the Plan, the following capitalized terms shall have the meanings set forth below: 
 2.1. “AWARD” means, individually or collectively, a
grant under the Plan of Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares, or Performance Units. 

  
 1 

 2.2. “AWARD AGREEMENT” means a written (or electronic) document setting forth the terms and
provisions applicable to an Award granted to the Participant under the Plan, which need not be executed unless required by the Committee, and is a condition to the grant of an Award hereunder. 

2.3. “BOARD” means the Board of Directors of the Company. 

2.4. “CHANGE IN CONTROL ” means, the occurrence of a “change in the ownership,” a “change in the effective control” or a
“change in the ownership of a substantial portion of the assets” of the Company, as determined in accordance with this Section 2.4. In determining whether an event shall be considered a “change in the ownership,” a
“change in the effective control” or a “change in the ownership of a substantial portion of the assets” of the Company, the following provisions shall apply: 

(a) A “change in the ownership” of the Company shall occur on the date on which any one person, or more than one person acting as a
group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (a “Person”)), acquires ownership of the equity securities of the Company that, together with the equity
securities held by such Person, constitutes more than 50% of the total fair market value or total voting power of the Company, as determined in accordance with Treas. Reg. §1.409A-3(i)(5)(v). If a Person
is considered either to own more than 50% of the total fair market value or total voting power of the equity securities of the Company, or to have effective control of the Company within the meaning of subsection (B), and such Person acquires
additional equity securities of the Company, the acquisition of additional equity securities by such Person shall not be considered to cause a “change in the ownership” of the Company. 

(b) A “change in the effective control” of the Company shall occur on either of the following dates: 

(i) The date on which any Person, acquires (or has acquired during the 12-month period ending on the
date of the most recent acquisition by such Person) ownership of equity securities of the Company possessing 30% or more of the total voting power of the Company’s equity securities, as determined in accordance with Treas. Reg. §1.409A-3(i)(5)(vi). If a Person is considered to possess 30% or more of the total voting power of the Company’s equity securities, and such Person acquires additional equity securities of the Company, the
acquisition of additional equity securities by such Person shall not be considered to cause a “change in the effective control” of the Company; or 

(ii) The date on which a majority of the members of the Board of Directors of the Company is replaced during any
12-month period by directors whose appointment or election is not endorsed by a majority of the members of the Board of Directors before the date of the appointment or election, as determined in accordance
with Treas. Reg. §1.409A-3(i)(5)(vi). 
 (c) A “change in the ownership of a substantial
portion of the assets” of the Company shall occur on the date on which any one Person acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such Person)
assets from the Company that have a total gross fair market value equal to or more than 40% of the total gross fair market 

  
 2 

 value of all of the assets of the Company immediately before such acquisition or acquisitions, as determined
in accordance with Treas. Reg. §1.409A-3(i)(5)(vii). A transfer of assets shall not be treated as a “change in the ownership of a substantial portion of the assets” when such transfer is made to
an entity that is controlled by the holders of the Company’s equity securities, as determined in accordance with Treas. Reg. §1.409A-3(i)(5)(vii)(B). 

(d) For the purposes of this Plan and this Section 2.5, the following acquisitions shall not constitute a Change in Control: (i) an
acquisition by the Company or entity controlled by the Company, or (ii) an acquisition by an employee benefit plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company. 

The above definition of “Change in Control” shall be interpreted by the Board, in good faith, and to comply with Code
Section 409A. 
 2.6 “CHIEF EXECUTIVE OFFICER” or “CEO” shall mean the chief executive officer of the Company or his
or her designee. 
 2.7. “CODE” means the Internal Revenue Code of 1986, and all regulations and formal guidance issued thereunder, as
amended from time to time, or any successor legislation thereto. 
 2.8. “COMMITTEE” means the Compensation Committee of the Board, or such
other committee as shall be appointed by the Board as provided in Section 3 to administer the Plan, or in the absence of either, the Board. 
 2.9.
“COMPANY” means Bowman Consulting Group, Ltd., a Delaware corporation, and any successor to all or substantially all of the assets or voting stock of such entity as provided in Section 17. 

2.10. “DIRECTOR” means any individual who is a member of the Board or the board of directors of any Subsidiary. 

2.11. “DISABILITY” means, unless otherwise provided in the Award Agreement or in an employment, change of control or similar agreement in
effect between the Participant and the Company or a Subsidiary, the Participant is unable to engage in any substantial gainful activity by reason of any medically-determinable physical or mental impairment which can be expected to result in death or
can be expected to last for a continuous period of not less than 12 months; or, by reason of any medically-determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not
less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of the Company or a Subsidiary. 

2.12. “EFFECTIVE DATE” means the date specified in Section 1.1.. 

2.13. “EMPLOYEE” means any employee of the Company or any Subsidiary. 

2.14. “EXCHANGE ACT” means the Securities Exchange Act of 1934, and all rules and formal guidance issued thereunder, as amended from time to
time, or any successor act thereto. 

  
 3 

 2.15. “FAIR MARKET VALUE” means, with respect to the relevant date, the fair market value
of the Shares for such date, as determined by the Committee in good faith and, if applicable, in compliance with Code Section 409A or, in the case of ISOs, Code Section 422(b)(4). In the case of NSOs or SARs, this may include but is not
limited to, any of the following valuation methods if the Shares are duly listed on a national securities exchange or on The Nasdaq Stock Market: 
  

	(i)	 the closing price of a Share on such date, or, if there are no sales on such date, on the next preceding day on
which there were sales, 

  

	(ii)	 the last sale before or the first sale after the grant, 

 

	(iii)	 the closing price on the trading day before or the trading day of the grant, 

 

	(iv)	 the arithmetic mean of the high and low prices on the trading day before or the trading day of the grant, or

  

	(v)	 an average selling price during a specified period that is within 30 days before or 30 days after the
applicable valuation date; provided that the average selling price method described in this clause (v) is irrevocably approved by the Committee for use with the applicable Award before the beginning of the specified period (for this
purpose, the term average selling price refers to the arithmetic mean of the high and low selling prices on all trading days during the specified period, or the average of such prices over the specified period weighted based on the volume of trading
of such stock on each trading day during such specified period); and provided, further, that the Committee must designate the Participant who will be granted the Award, the number of Shares that are subject to the Award, and the method
for determining the exercise price or base price including the period over which the averaging will occur, before the beginning of the specified averaging period. 

Such price shall be subject to adjustment as provided in Section 4.3. 

2.16. “INCENTIVE STOCK OPTION” or “ISO” means the right to purchase Shares pursuant terms and conditions that are intended to
qualify as, and that satisfy the requirements applicable to, an incentive stock option within the meaning of Code Section 422, as described in Section 6. 

2.17. “NAMED EXECUTIVE OFFICERS” means the CEO, the Chief Financial Officer, and each of the three most highly compensated executive officers
of the Company other than the CEO and Chief Financial Officer, at the end of the most recently completed fiscal year of the Company. 
 2.18.
“NONQUALIFIED STOCK OPTION” or “NSO” means the right to purchase Shares pursuant to terms and conditions that are not intended to be, or do not qualify as, an Incentive Stock Option as described in Section 6.

 2.19. “OPTION” means an Incentive Stock Option or a Nonqualified Stock Option, as described in Section 6. 

2.20. “OPTION PRICE” means the per Share purchase price of a Share purchased pursuant to an Option. 

  
 4 

 2.21. “PARTICIPANT” means an Employee, prospective Employee, Director, or consultant,
advisor or contractor to the Company or any Subsidiary who has outstanding an Award granted under the Plan and includes those former Employees and former Directors who have certain post-termination rights under the terms of an Award. 

2.22. “PERFORMANCE PERIOD” means the time period during which performance goals must be achieved with respect to an Award, as determined by
the Committee. 
 2.23. “PERFORMANCE SHARE” means an Award granted to a Participant that entitles the Participant to delivery of Shares upon
achievement of performance goals, as described in Section 9. 
 2.24. “PERFORMANCE UNIT” means an Award that entitles the Participant
to a cash payment upon achievement of performance goals, as described in Section 9. 
 2.25. “PERIOD OF RESTRICTION” means the period
or periods during which the transfer of an Award or the Shares is limited in some way (based on the passage of time, the achievement of performance goals, or upon the occurrence of other events as determined by the Committee, at its discretion), and
the Award or Shares are subject to a substantial risk of forfeiture, as provided in Sections 8 and 9. 
 2.26. “PERSON” shall mean an
individual or a corporation, partnership, limited liability company, association, trust, unincorporated organization, or other legal entity or organization. 

2.27. “PLAN” means this Bowman Consulting Group Ltd. 2021 Omnibus Equity Incentive Plan, as set forth herein. 

2.28. “RESTRICTED STOCK” means an Award of Shares subject to vesting conditions, which is granted to a Participant pursuant to Section 8.

 2.29. “RESTRICTED STOCK UNIT” or “RSUs” shall mean a right to receive Shares or cash upon vesting pursuant to
Section 8. 
 2.30. “SERVICE” shall mean the performance of services for the Company (or any Subsidiary) within the meaning of Code
Section 409A, except to the extent otherwise specifically provided in the Award Agreement. 
 2.31. “SETTLED” shall mean, with respect
to an Award, when the Award is fully exercised, vested, forfeited, canceled, expired or otherwise terminated in accordance with the terms of such Award. 

2.32. “SHARE” or “SHARES” means shares of common stock of the Company. 

2.33. “STOCK APPRECIATION RIGHT” or “SAR” means a right, designated as an SAR, to receive the appreciation in the Fair Market
Value of Shares pursuant to the terms of Section 7. 

  
 5 

 2.34. “SUBSIDIARY” means any corporation or other entity in a chain of corporations or
other entities in which each corporation or other entity has a controlling interest in another corporation or entity in the chain, commencing with the Company; provided, however, that with respect to any ISO, the term “Subsidiary”
means any entity during any period in which it is a “parent corporation” (as that term is defined in Code Section 424(e)) with respect to the corporation or a “subsidiary corporation” (as that term is defined in Code
Section 424(f)) with respect to the Company. 
 2.35 “VESTING TRANCHE” shall mean the portion of an Award that vests or with respect to
which restrictions lapse on a certain date due to attainment of specified vesting conditions as stated in the Award Agreement or Plan. 

SECTION 3. 

ADMINISTRATION 
 3.1. PLAN
ADMINISTRATION. The Committee shall administer the Plan. The Committee shall consist of not fewer than two Directors who are non-Employee Directors of the Company, within the meaning of Rule 16b-3 of the Exchange Act; and “independent directors” for purposes of the rules of the exchange on which the Shares are traded. The Board may, from time to time, remove members from, or add members to,
the Committee. Any vacancies on the Committee shall be filled by members of the Board. Acts of a majority of the Committee at which a quorum is present, or acts reduced to or approved in writing by unanimous consent of the members of the Committee,
shall be valid acts of the Committee. 
 3.2. AUTHORITY OF THE COMMITTEE. Except as limited by law or by the Certificate of Incorporation or Bylaws of
the Company, and subject to the provisions herein, the Committee shall have full power to select Participants to participate in the Plan; determine the sizes and types of Awards; determine the terms and conditions of Awards in a manner consistent
with the Plan; construe and interpret the Plan and any agreement or instrument entered into under the Plan; establish, amend, or waive rules and regulations consistent with the terms of the Plan for the Plan’s administration; and amend the
terms and conditions of any outstanding Award to the extent such terms and conditions are within the sole discretion of the Committee as provided in the Plan and subject to Section 14; provided that the Committee shall not have the
authority to amend any Option or SAR to reduce its Option Price or base price except in accordance with Sections 4.3 and 4.4. Further, the Committee shall make all other determinations which may be necessary or advisable for the administration of
the Plan, including establishing administrative methods for the exercise of Options and SARs. The Committee’s determinations, interpretations and actions under the Plan need not be uniform and may be made selectively among Participants and
their estates and beneficiaries. 
 3.3. DECISIONS BINDING. All determinations and decisions made by the Committee (or its delegate) pursuant to the
provisions of the Plan and all related orders and resolutions of the Board shall be final, conclusive and binding on all Persons, including the Company, its stockholders, Employees, Directors, Participants, and their estates and beneficiaries. 

3.4. DELEGATION BY COMMITTEE. Unless prohibited by applicable law or the applicable rules of a stock exchange, the Committee may delegate all or some of
its responsibilities and powers to any one or more of its members. The Committee also may delegate some or all of its administrative duties to any officer of the Company and may delegate some or all of its administrative powers to the CEO. The
Committee may delegate to the CEO the authority to grant 

  
 6 

 Awards under the Plan to Participants and potential Participants who are not Directors or Named Executive
Officers of the Company or any Subsidiaries, provided that the terms and conditions of such Awards shall be set forth in an Award Agreement approved in substantial form by the Committee prior to the grant of said Awards, the Committee in its
delegation shall specify the maximum Shares that may be awarded to one Participant pursuant to such delegation in any calendar year, and the CEO shall report any such grants to the Committee at its next meeting. In the case of any such delegation,
references in this Plan to the “Committee” shall include any such delegate, as applicable. The Committee hereby delegates to each of the Company’s Corporate Secretary and Chief Legal Officer (or his or her equivalent) the authority to
document any and all Awards made by the Committee and/or the CEO under the Plan. The Committee may revoke any such allocation or delegation at any time. 

3.5. INFORMATION TO BE FURNISHED TO COMMITTEE. The records of the Company and Subsidiaries as to an Employee’s, Director’s or
Participant’s employment, termination of employment, performance of Services, termination of Services, leave of absence, reemployment and compensation shall be conclusive on all persons unless determined to be manifestly incorrect. Participants
and other persons entitled to benefits under the Plan must, as a condition to the receipt or settlement of any Award hereunder, furnish the Committee with such evidence, data or information as the Committee reasonably considers desirable to carry
out the terms of the Plan. 
 3.6. INDEMNIFICATION. In addition to such other rights of indemnification that they have as members of the Board or the
Committee, the Company shall indemnify the members of the Committee (and any delegates of the Committee, as permitted under Section 3.4), to the extent permitted by applicable law, against reasonable expenses (including, without limitation,
attorney’s fees) actually and necessarily incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal, to which they or any of them may be a party by reason of any action taken or failure to act
under or in connection with the Plan or any Award awarded hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved to the extent required by and in the manner provided by the Articles of
Incorporation or the Bylaws of the Company relating to indemnification of the members of the Board) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, except in relation to such matters as to which it is adjudged
in such action, suit or proceeding that such Committee member or members (or their delegates) did not act in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company. 

SECTION 4. 
 SHARES
SUBJECT TO THE PLAN AND MAXIMUM AWARDS 
 4.1. SHARES AVAILABLE FOR AWARDS. 

(a) The Shares available for Awards may be either authorized and unissued Shares or Shares held in or acquired for the treasury of the Company.
The aggregate number of Shares that may be issued or used for reference purposes under the Plan or with respect to which Awards, including but not limited to ISOs, may be granted shall not exceed 97,500 Shares (the “Share
Reserve”) subject to adjustment as provided in Section 4.3 for any stock split made on or immediately after the Effective Date. The Share Reserve (other than with respect to ISOs) will 

  
 7 

 automatically increase on January 1st of each year for
the duration of the Plan beginning on January 1st of the year following the year in which the Effective Date occurs, in an amount equal to 5% of the total number of Shares outstanding on December
31st of the preceding calendar year, provided, that the Board may act prior to January 1st of a given year to provide that there will be
no January 1st increase in the Share Reserve for such year or that the increase in the Share Reserve for such year will be a lesser number of Shares than would otherwise occur as provided above.
The Share Reserve shall in all events be subject to further adjustment as provided in Section 4.3. In no event shall fractional Shares be issued under the Plan. For clarity, the Share Reserve in this Section 4.1(a) is a limitation on the
number of Shares that may be issued pursuant to this Plan. Shares may be issued in connection with a merger or acquisition as permitted by NASDAQ Listing Rule 5635(c) or other applicable exchange rule, and any such issuance will not reduce the
number of Shares available for issuance under this Plan. 
 (b) Upon: 

(i) a payout of a SAR, RSU, or Performance Unit Award under this Plan in the form of cash; or 

(ii) a cancellation, termination, expiration without exercise, forfeiture, or lapse for any reason, of any Award under this Plan, the number of
Shares underlying any such Award that were not issued as a result of any of the foregoing actions shall again be available for the purposes of Awards under the Plan. In addition, in the case of any Award granted in substitution for an award of a
company or business acquired by the Company or a Subsidiary, Shares issued or issuable in connection with such substitute Award shall not be counted against the number of Shares reserved under the Plan but shall be available under the Plan by virtue
of the Company’s assumption of the plan or arrangement of the acquired company or business. 
 All Restricted Stock Awards which vest, and all Shares
issued in settlement of an Option, SAR, Restricted Stock Award, Restricted Stock Unit, or Performance Share Award, or withheld for payment of the Option Price or any tax imposed when the Award is exercised or settled, shall reduce the total number
of Shares available under the Plan and shall not again be available for the grant of any Award hereunder. 
 Notwithstanding the foregoing, when a
stock-settled SAR is exercised under the Plan, the total number of Shares subject to the SAR shall not be available for subsequent issuance under the Plan, regardless of the number of Shares used the settle the SAR. 

4.2. INDIVIDUAL PARTICIPANT LIMITATIONS. Subject to adjustment as provided in Section 4.3, the maximum dollar value of Shares underlying Awards
that may be granted to a Director in any fiscal year shall be $250,000, or during a Director’s initial fiscal year with the Company or its Subsidiary, 200% of such amount. In addition, the Board may provide for a limit on the dollar value or
maximum aggregate number of Shares underlying Awards that may be granted to any one Named Executive Officer of the Company or any Subsidiary in any fiscal year, subject to adjustment as provided in Section 4.3: 

  
 8 

 4.3. ADJUSTMENTS. (a) Recapitalization. Notwithstanding any other provision of the Plan,
if the Company is involved in a corporate transaction or any other event which affects the Shares (including, without limitation, any recapitalization, reclassification, reverse or forward stock split, stock dividend, extraordinary cash dividend, split-up, spin-off, combination or exchange of shares), then the Committee shall make or provide for such adjustments to Awards to prevent the dilution or enlargement of
rights of the Awards as follows: 
 (i) The Committee shall take action to adjust the number and kind of Shares that are
issuable under the Plan and the maximum limits for each type of Award; 
 (ii) The Committee shall take action to adjust the
number and kind of Shares subject to outstanding Awards; 
 (iii) The Committee shall take action to adjust the Exercise
Price or base price of outstanding Options and Stock Appreciation Rights; and 
 (iv) The Committee shall make any other
equitable adjustments. 
 Only whole Shares shall be issued in making the above adjustments. Further, the number of Shares available under the Plan or the
number of Shares subject to any outstanding Awards shall be the next lower number of Shares, so that fractions are rounded downward. Any adjustment to or assumption of ISOs under this Section shall be made in accordance with Code Section 424.
If the Company issues any rights to subscribe for additional Shares pro rata to holders of outstanding Shares of the class or classes of stock then set aside for the Plan, then each Participant shall be entitled to the same rights on the same basis
as holders of outstanding Shares with respect to such portion of the Participant’s Award as is exercised on or prior to the record date for determining stockholders entitled to receive or exercise such rights. 

(b) Reorganization. If the Company is part of any reorganization involving merger, consolidation, acquisition of the Stock or
acquisition of the assets of the Company, the Committee, in its discretion, may decide that: 
 (i) any or all outstanding
Awards shall pertain to and apply, with appropriate adjustment as determined by the Committee, to the securities of the resulting corporation to which a holder of the number of Shares subject to each such Award would have been entitled; 

(ii) any or all outstanding Options or SARs shall become immediately fully exercisable (to the extent permitted under federal
or state securities laws) and shall remain exercisable for the remaining term of the Options or SARs under the terms of the Plan; 

(iii) any or all Options or SARs shall become immediately fully exercisable (to the extent permitted under federal or state
securities laws) and shall be terminated after giving at least 30 days’ notice to the Participants to whom such Options or SARs have been granted; and/or 

(iv) any or all unvested Awards and/or Awards on which restrictions have not yet lapsed shall become immediately fully vested,
nonforfeitable and payable. 

  
 9 

 (c) Limits on Adjustments. Any issuance by the Company of stock of any class other
than the common stock of the Company, or securities convertible into shares of stock of any class, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number or price of Shares subject to any Award, except as
specifically provided otherwise in this Plan. The grant of Awards under the Plan shall not affect in any way the right or authority of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business
structure or to merge, consolidate or dissolve, or to liquidate, sell or transfer all or any part of its business or assets. All adjustments that the Committee makes under this Plan shall be conclusive. 

4.4. PROHIBITION ON REPRICING. Anything else contained herein to the contrary notwithstanding, except as provided in Section 4.3, the Committee
shall not amend any Option or SAR to reduce its Option Price or base price, and shall not issue to any Participant a new Award in exchange for the surrender and cancellation of any other Award, if such new Award has an Option Price or base price (as
applicable) lower than that of the Award for which it is exchanged, or take any other action that would have the effect of reducing the Option Price or base price of an Option or SAR. 

SECTION 5. 
 ELIGIBILITY
AND PARTICIPATION 
 5.1. ELIGIBILITY. Persons eligible to participate in the Plan include current and future U.S. and non-U.S. Employees (including officers), consultants, advisors or contractors to the Company or a Subsidiary, and Directors, as designated by the Committee; provided that persons who have been offered
employment by or an engagement with the Company or a Subsidiary may not receive any payment or exercise any right relating to an Award until such person begins employment or service with the Company or Subsidiary; and provided,
further, however, that ISOs may only be granted to current or prospective U.S. Employees. 
 5.2. PARTICIPATION. Subject to the provisions of
the Plan, the Committee shall determine and designate, from time to time, the Participants to whom Awards shall be granted, the terms of such Awards, and the number of Shares subject to such Award. 

SECTION 6. 
 STOCK
OPTIONS 
 6.1. GRANT OF OPTIONS AND AWARD AGREEMENT. 

(a) Option Grant. Subject to the terms and provisions of the Plan, Options may be granted to one or more Participants in such number,
upon such terms and provisions, and at any time and from time to time, as determined by the Committee, in its sole discretion. The Committee may grant either Nonqualified Stock Options or Incentive Stock Options and shall have complete discretion in
determining the number of Options of each granted to each Participant, subject to the limitations of Section 4. 
 (b) Award
Agreement. Each Award shall be evidenced by an Award Agreement, effective as of the grant date, which shall specify the Option Price, the term of the Option, the number of Shares subject to the Option, and such other provisions as the Committee
shall determine, and which are not inconsistent with the terms and provisions of the Plan. The Award Agreement shall also specify whether the Option is to be treated as an ISO within the meaning of Code Section 422. If such Option is not
designated as an ISO, such Option shall be deemed an NSO. No ISO may be granted to any person more than 10 years after the Effective Date of the Plan. 

  
 10 

 6.2. OPTION PRICE. The Committee shall designate the Option Price for each Share subject to an Option
under the Plan; provided that such Option Price shall not be less than 100% of the Fair Market Value of Shares subject to an Option on the date the Option is granted, and which Option Price may not be subsequently decreased by the Committee
except pursuant to Section 4.3 and in compliance with Code Section 409A; provided further that with respect to a Participant who owns, directly or indirectly, more than 10% of the total combined voting power of all classes of the
stock of the Company or any Subsidiary, the Option Price of Shares subject to an ISO shall be at least 110% of the Fair Market Value of such Shares on the ISO’s grant date. 

6.3. TERM OF OPTIONS. Each Option granted to a Participant shall expire at such time as the Committee shall determine at the time of grant, but in no
event shall be exercisable later than the tenth (10th) anniversary of the grant date. Notwithstanding the foregoing, with respect to ISOs, in the case of a Participant who owns, directly or
indirectly, more than 10% of the total combined voting power of all classes of the stock of the Company or any Subsidiary, no such ISO shall be exercisable later than the fifth (5th) anniversary
of the grant date. 
 6.4. EXERCISE OF OPTIONS. Options granted under this Section 6 shall be exercisable at such times and be subject to such
restrictions and conditions as the Committee shall in each instance approve, which need not be the same for each Award or for each Participant, and shall be set forth in the applicable Award Agreement, subject to Section 10. Notwithstanding the
preceding sentence, the Fair Market Value of Shares to which ISOs are exercisable for the first time by any Participant during any calendar year may not exceed $100,000. Any ISOs that become exercisable in excess of such amount shall be deemed NSOs
to the extent of such excess. The Committee, in its sole discretion and at any time, may establish procedures setting a minimum number of Shares that must be exercised at any one time. 

6.5. EXERCISE AND PAYMENT. Options granted under this Section 6 shall be exercised by the delivery of a written (or electronic) notice of exercise
to the Company, setting forth the number of Shares with respect to which the Option is to be exercised, accompanied by full payment for the Shares and all applicable tax withholding. The Option Price and applicable tax withholding upon exercise of
any Option shall be payable to the Company in full either: 
 (a) in cash or its equivalent, 

(b) by tendering previously acquired whole Shares (held for any minimum period needed to avoid adverse impacts to the Company’s earnings
for financial reporting purpose), valued at their Fair Market Value at the time of exercise, with such documentation as the Committee may require, or 

(c) a combination (a) and (b). 

  
 11 

 In addition, payment of the Option Price and applicable tax withholding may be payable by one or more of the
following methods upon written consent from the Committee if such method will not result in a charge to the Company’s earnings for financial reporting purposes: 

(d) by a “net exercise” in which whole Shares that otherwise would be acquired on exercise are withheld (valued at their Fair Market
Value at the time of exercise), 
 (e) by tendering other Awards payable under the Plan, or 

(f) by cashless exercise through delivery of irrevocable instructions to a broker to promptly deliver to the Company the amount of proceeds
from a sale of all or a portion of the whole Shares being exercised. 
 To the extent the Option Price and applicable tax withholding would require the sale
or delivery of a fractional Share, any Shares sold or delivered shall be rounded down to the next whole Share and the Participant shall pay the remainder using method (a) above. As soon as practicable after receipt of a written (or electronic)
notification of exercise and full payment, the Company shall deliver, electronically or in paper form, the Shares to the Participant. No Participant shall have any rights of a shareholder with respect to Shares subject to an Option, including any
right to receive dividends, to vote, or to participate in the equity of the Company, until such Option has been exercised and payment made in full as provided herein. 

SECTION 7. 
 STOCK
APPRECIATION RIGHTS 
 7.1. GRANT OF SARS AND AWARD AGREEMENT. 

(a) SAR Grant. Subject to the terms and conditions of the Plan, SARs may be granted to Participants and at any time and from time to
time, as determined by the Committee, in its sole discretion. The Committee shall have complete discretion in determining the number of SARs granted to each Participant (subject to Section 4) and, consistent with the provisions of the Plan, in
determining the terms and conditions pertaining to such SARs. The Committee shall designate, at the time of grant, the base price of the SAR, which base price shall be at least equal to the Fair Market Value of a Share on the grant date of the SAR.
Base prices of SARs shall not subsequently be decreased by the Committee, except pursuant to Section 4.3. The Committee, in its sole discretion, may provide a maximum dollar limit on the total aggregate payment due under a SAR. 

(b) Award Agreement. Each Award shall be evidenced by an Award Agreement that shall specify the base price, the term of the SAR, and
such other provisions as the Committee shall determine, and which are not inconsistent with the terms and provisions of the Plan. 
 7.2. TERM OF
SARS. The term of a SAR granted under the Plan shall be determined by the Committee, in its sole discretion; provided, however, that unless otherwise designated by the Committee, such term shall not exceed ten (10) years from the
grant date. 
 7.3. EXERCISE OF SARS. SARs shall be exercisable at such times and be subject to such restrictions and conditions as the Committee
shall in each instance approve, which need not be the same for each Award or for each Participant and shall be set forth in the applicable Award Agreement, subject to Section 10. The Committee, in its sole discretion and at any time, may
establish procedures setting a minimum number of Shares with respect to which the SAR must be exercised at any one time. 

  
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 7.4. EXERCISE AND PAYMENT. SARs granted under this Section 7 shall be exercised by the delivery
of a written (or electronic) notice of exercise to the Company, setting forth the number of Shares with respect to which the SAR is to be exercised, accompanied by full payment for all applicable tax withholding. The applicable tax withholding upon
exercise of any SAR shall be payable to the Company in full in the same manner as set forth in Section 6.5 above. As soon as administratively practicable following exercise of a SAR, a Participant shall be entitled to receive payment from the
Company in an amount determined by multiplying: 
 (a) The excess of the Market Value of a Share on the date of exercise over the base price
per Share; by 
 (b) The number of Shares with respect to which the SAR is exercised. 

At the sole discretion of the Committee, exercisable at any time, the payment upon SAR exercise may be in cash, in Shares of equivalent value, or in some
combination thereof. 
 SECTION 8. 

RESTRICTED STOCK AND RESTRICTED STOCK UNITS 

8.1. GRANT OF RESTRICTED STOCK OR RSUS AND AWARD AGREEMENT. 

(a) Grant of Restricted Stock/Restricted Stock Units. Subject to the terms and provisions of the Plan, the Committee, at any time and
from time to time, may grant Shares of Restricted Stock or RSUs to Participants in such amounts as the Committee shall determine in its sole discretion. The Committee shall have complete discretion in determining the number of Shares underlying each
Award (subject to Section 4) and, consistent with the provisions of the Plan, in determining the terms and conditions, including the vesting, pertaining to such Award. The Committee may designate an RSU as payable in cash, in Shares, or a
combination thereof. 
 (b) Award Agreement. Each Award shall be evidenced by an Award Agreement that shall specify the vesting for
each Vesting Tranche, the number of Shares granted, and such other provisions as the Committee shall determine pursuant to Section 8.3 or otherwise, and which shall not be inconsistent with the terms and provisions of the Plan. 

8.2. TRANSFERABILITY OF RESTRICTED STOCK. Except as provided in this Section 8, a Share of Restricted Stock granted herein may not be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated, voluntarily or involuntarily, until (i) they vest with respect to their Vesting Tranche, or (ii) upon earlier satisfaction of any other conditions, as specified by the
Committee in its sole discretion (subject to Section 10) and set forth in the Award Agreement. 
 8.3. SETTLEMENT OF AWARD. Except as otherwise
provided in Section 17.5 or in any Award Agreement, and subject to any deferral elected pursuant to Section 12.2, the Company shall retain the certificates representing Shares of Restricted Stock in the Company’s possession, or may
deposit or transfer such Shares electronically to a custodian designated by the Committee, until 

  
 13 

 such time as all conditions and/or restrictions applicable to such Shares have been satisfied. As soon as
administratively practicable after a Restricted Stock Award or RSU Award vests (for example, as part of a Vesting Tranche), Shares covered by the portion of such Restricted Stock Award that vested, or in the case of RSUs cash and/or Shares covered
by such vested RSU that vested, shall be delivered (in the case of Shares, electronically or in paper form) to the Participant. 
 8.4. SHAREHOLDER
RIGHTS. Unless otherwise designated by the Committee in an Award Agreement: (i) a Participant shall have no shareholder rights with respect to the Shares subject to an RSU Award, including voting and cash dividend rights, and (ii) the
Participant shall have voting rights but shall not have cash dividend rights with respect to Shares subject to a Restricted Stock Award, until they vest (e.g., as part of a Vesting Tranche) and the Participant has received and become a holder of
record of the Shares; provided, however, that in the event that any dividend constitutes a derivative security or an equity security pursuant to the rules under Section 16 of the Exchange Act, such dividend shall be added to the
Restricted Stock Award and subject to the same vesting conditions and Vesting Tranches as are applicable to the Shares of Restricted Stock with respect to which the dividend is paid. 

SECTION 9. 
 PERFORMANCE
UNITS AND PERFORMANCE SHARES 
 9.1. GRANT OF PERFORMANCE UNITS/SHARES AND AWARD AGREEMENT. 

(a) Grant of Performance Unit/Shares. Subject to the terms of the Plan, Performance Units and/or Performance Shares may be granted to
Participants in such amounts and upon such terms, and at any time and from time to time, as shall be determined by the Committee in its sole discretion, which shall not be inconsistent with the terms and provisions of the Plan and shall be set forth
in an Award Agreement. 
 (b) Award Agreement. Each Award shall be evidenced by an Award Agreement that shall specify the initial
value of the Award, the performance goals and the Performance Period, as the Committee shall determine, and which are not inconsistent with the terms and provisions of the Plan. 

9.2. VALUE OF PERFORMANCE UNITS/SHARES. Each Performance Share shall represent the Participant’s right to receive a Share (subject to
Section 9.4) upon satisfaction of performance goals established by the Committee. Each Performance Unit shall represent the Participant’s right to receive a cash payment equal to the value of the Performance Unit (as determined by the
Committee on the grant date, and subject to Section 9.4), upon satisfaction of the performance goals established by the Committee. The Committee shall set performance goals in its sole discretion which, depending on the extent to which they are
met, will determine the number and/or value of Performance Shares and/or Performance Units that will be paid out to the Participant. For purposes of this Section 9, the time period during which the performance goals must be met shall be called
a Performance Period. 

  
 14 

 9.3. EARNING OF PERFORMANCE UNITS/SHARES. Subject to the terms of the Plan, after the applicable
Performance Period has ended, the holder of Performance Units and/or Performance Shares shall be entitled to receive payment on his or her Performance Units and/or Performance Shares earned by the Participant over the Performance Period, based on
the extent to which the corresponding performance goals have been achieved, as determined by the Committee. The Committee shall have the sole discretion to adjust the determination of the degree of attainment of the preestablished performance goals.

 9.4. FORM AND TIMING OF PAYMENT OF PERFORMANCE UNITS/SHARES. Except as provided below, and subject to any deferral elected pursuant to
Section 12.2, payment of earned Performance Units and/or Performance Shares shall be made in a single lump sum as soon as reasonably practicable following the close of the applicable Performance Period. Any Shares paid to a Participant may be
subject to any restrictions deemed appropriate by the Committee. 
 9.5. PERFORMANCE MEASURES. The performance goals to be used for purposes of such
grants shall be established by the Committee in writing and stated in terms of the attainment of specified levels of or percentage changes in any one or more of the following measurements: revenue; primary or fully-diluted earnings per Share;
earnings before interest, taxes, depreciation, and/or amortization; pretax income; operating income; cash flow from operations; total cash flow; return on equity; return on capital; return on assets; net operating profits after taxes; economic value
added; capital expenditures; expense levels; stock price; debt levels; market share; total stockholder return or return on sales; or any individual performance objective which is measured solely in terms of quantitative targets related to the
Company or the Company’s business; any other measurement approved by the Committee, in its sole discretion; or any combination thereof. In addition, such performance goals may be based in whole or in part upon the performance of the Participant
or the Company or a Subsidiary, or a division and/or other operational unit thereof under one or more of such measures 
 9.6. SHAREHOLDER RIGHTS.
Unless otherwise designated by the Committee in the Award Agreement, the Participant shall have no shareholder rights with respect to the Shares subject to the Performance Share Award, including voting and cash dividend rights, until after the Award
has vested and the Participant has received and become a holder of record of the Shares; provided, however, that in the event that any dividend constitutes a derivative security or an equity security pursuant to the rules under
Section 16 of the Exchange Act, such dividend shall be added to the Award and subject to the same accrual, forfeiture, and payout restrictions as apply to the underlying Award with respect to which the dividend is paid. 

SECTION 10. 
 VESTING AND
FORFEITURES 
 10.1. VESTING. As part of making any Award, the Committee may determine the time and conditions under which the Award will vest
and may specify partial vesting in one or more Vesting Tranches. Vesting may, in the Committee’s discretion, be based solely upon continued employment or Service for a specified period of time or may be based upon the achievement of specific
performance goals as described in Section 9.5 above, which shall be established by the Committee in its discretion. For all purposes of this Plan, “vesting” of an Award shall mean: 

(a) In the case of an Option or SAR, the time at which the Participant has the right to exercise the Award. 

  
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 (b) In the case of Restricted Stock all conditions for vesting, as stated in the Award
Agreement or Plan, are satisfied. 
 (c) In the case of Restricted Stock Units all conditions for vesting, as stated in the Award Agreement
or Plan, are satisfied. 
 (d) In the case of Performance Shares or Performance Units, the time at which the Participant has satisfied the
requirements to receive payment on such Performance Shares or Performance Units, which shall not be less than one year from the grant date, except as otherwise provided in Section 10.2. 

Vesting need not be uniform among Awards granted at the same time or to persons similarly situated. Vesting requirements shall be set forth in the applicable
Award Agreement. 
 10.2. VESTING ON TERMINATION OF EMPLOYMENT. Unless otherwise approved by the Committee either at the time of grant or at some
later date in accordance with Code Sections 409A and 422, upon the termination of the Participant’s employment or Service with the Company and its Subsidiaries, all outstanding Awards shall be cancelled and no longer exercisable on the date of
the termination. To the extent that the Committee approves extended vesting or exercise provisions, such provisions need not be uniform among all Awards issued pursuant to the Plan, and may reflect distinctions based on the reasons for such
termination. 
 10.3. ACCELERATION OF VESTING. The Committee may, in its sole discretion, accelerate the vesting, in whole or in part, of respect to
any Award, but no such acceleration shall be effective unless evidenced by a writing signed by a duly authorized officer of the Company. The Committee may, in its sole discretion, designate to the CEO its power to accelerate the vesting of an Award
granted to Participants who are not Directors or Named Executive Officers of the Company or any Subsidiaries. In addition, the Committee may impose additional conditions on Awards, by inclusion of appropriate provisions in the document evidencing or
governing any such Award. 
 10.4. EXTENSION OF EXERCISE PERIOD. The Committee may, in its sole discretion, subject to the terms of the Plan,
exercisable either at the time an Award is granted or at any time while the Award remains outstanding, extend the period of time for which the Option or SAR is to remain exercisable following the Participant’s termination of employment or
Service from the limited exercise period otherwise in effect for that Option or SAR to such greater period of time as the Committee shall deem appropriate, but in no event beyond the expiration of the maximum Option or SAR term permitted under this
Plan, and/or to permit the Option or SAR to be exercised, during the applicable post-termination exercise period, not only with respect to the number of vested Shares for which such Option or SAR is exercisable at the time of the Participant’s
termination of Service but also with respect to one or more additional installments in which the Participant would have vested had the Participant continued in Service. Such an extension may result in recharacterization of an ISO as a NSO. 

  
 16 

 SECTION 11. 

TRANSFERABILITY OF AWARDS; BENEFICIARY DESIGNATION 

11.1. LIMITS ON TRANSFERABILITY OF AWARDS. 

(a) Except as otherwise provided below, Awards may be exercisable only by the Participant during the Participant’s lifetime, and Awards
shall not be transferable other than by will or the laws of descent and distribution. Any purported transfer of any Award or any interest therein that does not comply with the terms of this Plan shall be null and void and confer no rights of any
kind upon the purported transferee. 
 (b) The Committee may, in its discretion, permit a Participant to transfer any Award other than an ISO
to any family member of such Participant, subject to such restrictions and limitations as the Committee may provide; provided, however, that any such Award shall remain subject to all vesting, forfeiture, and other restrictions provided
herein and in the Award Agreement to the same extent as if it had not been transferred; and provided further that in no event shall any transfer for value be permitted. For purposes of this Section 11.1(b), the terms “family
member” and “transfer for value” have the same meaning as in the General Instructions to SEC Form S-8, or such other form as the SEC may promulgate in replacement thereof. 

(c) To the maximum extent permitted by law, no Award shall be subject, in whole or in part, to attachment, execution or levy of any kind;
provided, however, that nothing contained herein shall affect the right of setoff set forth in Section 13.3. 
 (d) Nothing contained in
this Section 11.1 shall preclude a Participant from transferring Restricted Stock that has vested or Shares that are issued in settlement of an Option, SAR, RSU, or Award of Performance Shares or Performance Units, subject to the remaining
provisions of this Plan and applicable law. 
 11.2. DESIGNATION OF BENEFICIARY. Each Participant under the Plan may, from time to time, name any
beneficiary or beneficiaries (who may be named contingently or successively) to whom any benefit under the Plan is to be paid in case of his or her death before he or she receives any or all of such benefit. Each such designation shall revoke all
prior designations by the same Participant, shall be in a form prescribed by the Company, and will be effective only when filed by the Participant in writing (or electronically, if permitted by the Committee) with the Secretary of the Company (or
its designee) during the Participant’s lifetime. In the absence of any such designation, benefits remaining unpaid at the Participant’s death shall be paid to the Participant’s estate. 

SECTION 12. 
 DEFERRALS;
COMPLIANCE WITH SECTION 409A 
 12.1. PROHIBITION ON DEFERRALS OF OPTIONS, SARS, AND RESTRICTED STOCK. No Participant shall have the right
to defer the amount of Shares or cash payable upon the exercise or settlement of any Option or SAR, or the transfer of any Restricted Stock upon the vesting thereof. 

  
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 12.2. DEFERRALS OF RESTRICTED STOCK UNITS, PERFORMANCE UNITS AND PERFORMANCE SHARES. The
Committee may permit a Participant to defer such Participant’s receipt of the payment of cash or the delivery of Shares that would otherwise be due to such Participant upon the satisfaction of any requirements or goals with respect to
Restricted Stock Units, Performance Units or Performance Shares. If any such deferral election is required or permitted, the Committee shall, in its sole discretion, establish rules and procedures for such payment deferrals, subject to the
following: 
 (a) A deferral election may be made only at one of the following two times: 

(i) In the case of an Award that cannot vest (other than by reason of death, Disability, or a Change in Control) earlier than
the first anniversary of the date of grant, not later than the earlier of thirty (30) days after the date of grant or one (1) year prior to the earliest date on which the Award may vest. 

(ii) In the case of an Award that is subject to a Performance Period of not less than one (1) year, and the vesting of
which is subject to the attainment of Performance Criteria that are established within the first ninety (90) days of the Performance Period and that are not substantially certain of being achieved at the time of grant, not later than six (6)
months prior to the end of the Performance Period. 
 (b) A deferral election shall state the time and manner of payment. Payment must either
be on a specified date, at the time of the Participant’s separation from Service with the Company and its Subsidiaries (as defined in Code Section 409A), death, or Disability, or upon the occurrence of a Change in Control. Notwithstanding
the foregoing: 
 (i) An amount payable by reason of a separation from Service to an Employee who is a “key
employee” of the Company, as defined in Code Section 409A, shall not be paid until six (6) months after the separation from Service, and any portion of such amount that would otherwise be payable during such six (6)month period shall
be paid instead at the end of such period; 
 (ii) Payment of any amount that the Company reasonably determines would not be
deductible by reason of Code Section 162(m) shall be deferred until the earlier of the earliest date on which the Company reasonably determines that the deductibility of the payment will not be so limited, or the year following the separation
from Service. 
 (iii) Any payment that the Company reasonably determines will violate a term of a loan agreement to which
the Company is a party, or other similar contract to which the Company is a party, and such violation will cause material harm to the Company shall be deferred until the earliest date at which the Company reasonably anticipates that the making of
the payment will not cause such violation, or such violation will not cause material harm to the Company; 
 (iv) Any payment
that the Company reasonably anticipates that will violate Federal securities laws or other applicable law will be deferred until the earliest date at which the Company reasonably anticipates that the making of the payment will not cause such
violation; and 

  
 18 

 (v) The Committee may permit Participants to elect to further defer
payments, provided that any such election is made not less than one (1) year prior to the date on which the payment would otherwise be made, and that the deferral is for a period of at least five (5) years. 

(c) No payment that a Participant has elected to defer pursuant to this Section 12.2 may be paid at any earlier date, except in accordance
with procedures adopted by the Committee in compliance with Code Section 409A. 
 12.3. COMPLIANCE WITH SECTION 409A. The provisions of this
Plan, including but not limited to this Section 12, are intended to comply with the restrictions of Code Section 409A, and, notwithstanding the Participant consent requirements of Section 14.1, the Committee reserves the right to
amend any provision of this Plan, or any outstanding Award, to the extent necessary to comply with Section 409A. 
 SECTION 13.

 RIGHTS AND OBLIGATIONS OF PARTIES 

13.1. NO GUARANTEE OF EMPLOYMENT OR SERVICE RIGHTS. Nothing in the Plan shall interfere with or limit in any way the right of the Company or any
Subsidiary to terminate any Participant’s employment or Service at any time, nor confer upon any Participant any right to continue in the employ or Service of the Company or any Subsidiary. 

For purposes of the Plan, temporary absence from employment or Service because of illness, vacation, approved leaves of absence, and transfers of employment
or Service among the Company and its Subsidiaries, shall not be considered to terminate employment or Service or to interrupt continuous employment or Service. Conversion of a Participant’s employment relationship to a Service arrangement, and
vice versa, shall not result in termination of previously granted Awards (although it may result in an ISO being recharacterized as an NSO). 
 13.2.
PARTICIPATION. No Employee or Director shall have the right to be selected to receive an Award under the Plan, or, having been so selected, to be selected to receive a future Award. 

13.3. RIGHT OF SETOFF AND CLAW-BACK. The Company or any Subsidiary may, to the extent permitted by applicable law (including Code Section 409A),
deduct from and set off against any amounts the Company or Subsidiary may owe to the Participant from time to time, including amounts payable in connection with any Award, owed as wages, fringe benefits, or other compensation owed to the
Participant, such amounts as may be owed by the Participant to the Company or a Subsidiary, although the Participant shall remain liable for any part of the Participant’s payment obligation not satisfied through such deduction and setoff. All
Awards (including any proceeds, gains or other economic benefit the Participant actually or constructively receives upon receipt or exercise of any Award) will be subject to any Company claw-back policy, as set forth in such claw-back policy or the
Award Agreement. By accepting any Award granted hereunder, the Participant agrees to any deduction, claw-back or setoff under this Section 13. 

  
 19 

 13.4. SECTION 83(B) ELECTION. No election under Section 83(b) of the Code (to include in gross
income in the year of transfer the amounts specified in Code Section 83(b)) or under a similar provision of the laws of a jurisdiction outside the U.S. may be made, unless expressly permitted by the terms of the Award Agreement or by action of
the Committee in writing before the making of such election. In any case in which a Participant is permitted to make such an election in connection with an Award, the Participant shall notify the Company of such election within ten (10) days of
filing notice of the election with the Internal Revenue Service or other governmental authority, in addition to any filing and notification required pursuant to regulations issued under Code Section 83(b) or other applicable provision. 

13.5. DISQUALIFYING DISPOSITION NOTIFICATION. If any Participant shall make any disposition of Shares delivered pursuant to the exercise of an Incentive
Stock Option under the circumstances described in Code Section 421(b) (relating to certain disqualifying dispositions), such Participant shall notify the Company of such disposition within ten (10) days thereof. 

SECTION 14. 
 AMENDMENT,
MODIFICATION, AND TERMINATION 
 14.1. AMENDMENT, MODIFICATION, AND TERMINATION. Except as otherwise provided in this Section 14.1 and
subject to Section 14.2, at any time the Board may wholly or partially amend, modify, suspend or terminate the Plan or the Committee’s authority to grant Awards under the Plan without the consent of stockholders or Participants. However,
without the approval of the Company’s stockholders given twelve months before or after the action by the Board if such stockholder approval is required by any federal or state law or regulation or the rules of any stock exchange or automated
quotation system on which the Shares may then be listed or quoted, no action of the Board may (i) increase the limit on the Share Reserve, (ii) reduce the exercise price per share of any outstanding Option or SAR granted under this Plan,
(iii) cancel any Option or SAR in exchange for cash, another Award or an Option or SAR with a price per share that is less than the price per share of the original Option or SAR, or (iv) materially modify the requirements as to eligibility
for participation in this Plan. The Committee shall have no authority to waive or modify any other Award term after the Award has been granted to the extent that the waived or modified term was mandatory under the Plan. 

14.2. AWARDS PREVIOUSLY GRANTED. No termination, amendment, suspension, or modification of the Plan, other than to the extent necessary to comply with
applicable U.S. or foreign laws, shall adversely affect in any material way any Award previously granted under the Plan, without the written (or electronic) consent of the Participant holding such Award. 

SECTION 15. 
 WITHHOLDING

 The Company and its Subsidiaries shall have the power and the right to deduct or withhold from amounts due to the Participant by the
Company or the Subsidiary, or require a Participant to remit to the Company or the Subsidiary as a condition of any Award, an amount (in case or in kind, subject to the approval of the Company) equal to the minimum Federal, State and local taxes,
domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of the Plan. Notwithstanding the above, in the case of Options or SARs, such tax withholding shall be accomplished as set forth
in Section 6.5 and 7.4. With respect to an Award of Restricted Stock or RSU, the Participant may direct that any withholding of Federal, State and local taxes, domestic or foreign, resulting from vesting of such Award be accomplished in any

  
 20 

 manner set forth in Section 6.5. If the date of the vesting of any Award, other than an Option or SAR,
held by Participant who is subject to the Company’s policy regarding trading of its Stock by its officers and directors and Shares (the “original vesting date”) is not within a “window period” applicable to the Participant,
as determined by the Company in accordance with such policy, then withholding shall be at the applicable statutory withholding amount accomplished by one or more of the methods provided for in Section 6.5(a) or (f). 

SECTION 16. 
 SUCCESSORS

 All obligations of the Company under the Plan with respect to Awards granted hereunder shall be binding on any successor to the
Company, whether the existence of such successor is the result of a direct or indirect merger, consolidation, purchase of all or substantially all of the business and/or assets of the Company or otherwise. 

SECTION 17. 

MISCELLANEOUS 
 17.1. UNFUNDED PLAN.
The Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payments not yet made to a Participant or the obligation to deliver Shares pursuant to an Award, nothing contained in the
Plan or any Award shall give any such Participant any rights that are greater than those of a general creditor of the Company; provided that the Committee may authorize the creation of trusts and deposit therein cash, Shares, other Awards or
other property, or make other arrangements to meet the Company’s obligations under the Plan. Such trusts or other arrangements shall be consistent with the “unfunded” status of the Plan unless the Committee otherwise determines with
the consent of each affected Participant. 
 17.2. AWARDS TO PARTICIPANTS OUTSIDE THE UNITED STATES. The Committee may modify the terms of any Award
under the Plan made to or held by a Participant who is then resident or primarily employed outside the U.S. in any manner deemed by the Committee to be necessary or appropriate in order that the Award shall conform to laws, regulations, and customs
of the country in which the Participant is then resident or primarily employed, or so that the value and other benefits of the Award to the Participant, as affected by foreign tax laws and other restrictions applicable as a result of the
Participant’s residence or employment abroad, shall be comparable to the value of such an Award to a Participant who is resident or primarily employed in the U.S.. Such authorization shall extend to and include establishing one or more separate
sub-plans which include provisions not inconsistent with the Plan that comply with statutory or regulatory requirements imposed by the foreign country or countries in which the Participant resides. If
determined advisable by the Committee, an Award may be modified under this Section in a manner that is inconsistent with the express terms of the Plan, so long as such modifications will not contravene any applicable law or result in actual
liability under Section 16(b) of the Exchange Act for the Participant whose Award is modified. 
 17.3. GENDER AND NUMBER; HEADINGS. Except where
otherwise indicated by the context, any masculine term used herein also shall include the feminine; the plural shall include the singular and the singular shall include the plural. Headings are included for the convenience of reference only and
shall not be used in the interpretation or construction of any such provision contained in the Plan. 

  
 21 

 17.4. SEVERABILITY. In the event any provision of the Plan shall be held illegal or invalid for any
reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

17.5. REQUIREMENTS OF LAW. The granting of Awards and the issuance of Shares under the Plan shall be subject to all applicable laws, rules, and
regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. If at any time on or after the Effective Date, the Committee, in its discretion, shall determine that the requirements of any
applicable federal or state securities laws should fail to be met, no Shares issuable under Awards and no Options or SARs shall be exercisable until the Committee has determined that these requirements have again been met. The Committee may suspend
the right to exercise an Option or SAR at any time when it determines that allowing the exercise and issuance of Shares would violate any federal or state securities or other laws, and may provide that any time periods to exercise the Option or SAR
are extended during a period of suspension. With respect to “Insiders,” transactions under this Plan are intended to comply with all applicable conditions of Rule 16b-3 under the Exchange Act. To the
extent any provision of the Plan or action by the Committee fails to so comply, it shall be deemed null and void, to the extent permitted by law and deemed advisable by the Committee. Each Award Agreement and each certificate representing securities
granted pursuant to the Plan (including securities issuable pursuant to the terms of derivative securities) may bear such restrictive legend(s) as the Company deems necessary or advisable under applicable law, including federal and state securities
laws. If the date of the vesting of any Award, other than an Option or SAR, held by Participant who is subject to the Company’s policy regarding trading of its Stock by its officers and directors and Shares (the “original vesting
date”) is not within a “window period” applicable to the Participant, as determined by the Company in accordance with such policy, then the vesting of such Award shall not occur on such original vesting date and shall instead occur on
the first day of the next “window period” applicable to the Participant pursuant to such policy. 
 17.6. ADDITIONAL RESTRICTIONS ON
TRANSFERS. The Committee may impose such restrictions on any Shares acquired pursuant to an Award, including Restricted Stock, Performance Shares, or Shares received upon exercise of an Option or SAR or under an RSU, as it may deem advisable.
Subject to the approval of the Board or the CEO, an Option or SAR may be transferred pursuant to the terms of a domestic relations order, official marital settlement agreement or other divorce or separation instrument as permitted by the Code and
regulations issued thereunder, and provided that if an Option is an ISO such option may be deemed a non-statutory stock option as a result of such transfer. 

17.7. GOVERNING LAW. To the extent not preempted by federal law, the Plan, and all agreements hereunder, shall be construed in accordance with and
governed by the laws of the State of Delaware. 

  
 22

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