Document:

Exhibit 10.4

 

STOCKHOLDERS’ AGREEMENT

 

This STOCKHOLDERS’
AGREEMENT (this “Agreement”), dated as of December 29, 2020, is entered into by and among Romeo Power, Inc.
(formerly known as RMG Acquisition Corp.), a Delaware corporation (the “Company”), RMG Sponsor, LLC, a Delaware
limited liability company (“RMG Sponsor”), and each of the stockholders of the Company whose name appears on
the signature pages hereto (each a “Stockholder,” and collectively with RMG Sponsor, the “Stockholders”).

 

RECITALS

 

WHEREAS, the
Company entered into that certain Agreement and Plan of Merger, dated as of October 5, 2020 (as may be amended from time to time,
the “Merger Agreement”), with RMG Merger Sub, Inc., a Delaware corporation (“Merger Sub”),
and Romeo Systems, Inc., a Delaware corporation (“Romeo Systems”), pursuant to which, among other transactions,
Merger Sub is merging with and into Romeo Systems, with Romeo Systems surviving the merger (the “Merger”);

 

WHEREAS, in
connection with entering into the Merger Agreement, the Company entered into letter agreements with each of the Stockholders pursuant
to which each Stockholder agreed to restrictions on its right to transfer shares of common stock, par value $0.0001 per share,
of the Company (the “Common Stock”) held by it following consummation of the Merger (collectively, the “Lock-Up
Agreements”);

 

WHEREAS, in
connection with the Merger, the Stockholders have agreed to execute and deliver this Agreement;

 

WHEREAS, as
of immediately following the closing of the Merger (the “Closing”), each of the Stockholders will Beneficially
Own (as defined below) the respective number of shares of Common Stock set forth on Annex A hereto;

 

WHEREAS, the
Stockholders in the aggregate Beneficially Own (as defined below) shares of Common Stock representing more than fifty percent (50%)
of the outstanding voting power of the Company; and

 

WHEREAS, the
number of shares of Common Stock Beneficially Owned by each Stockholder may change from time to time, in accordance with the terms
of (x) the Certificate of Incorporation of the Company, as it may be amended, supplemented and/or restated from time to time (the
 “Charter”), (y) the Bylaws of the Company, as it may be amended and/or restated from time to time (the “Bylaws”),
and (z) the Lock-Up Agreements, which changes shall be reported by each Stockholder in accordance with the applicable provisions
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

 

NOW, THEREFORE,
in consideration of the foregoing recitals and the mutual promises and covenants hereinafter set forth and for other good and
valuable consideration, and intending to be legally bound hereby, the parties hereto agree to the following:

 

    

     

    

 

1.             Definitions.
Capitalized terms used herein but not defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement.
In addition to the terms defined elsewhere in this Agreement, the following terms shall have the meanings indicated when used
in this Agreement with initial capital letters:

 

“Affiliate”
shall have the meaning ascribed to such term in Rule 12b-2 of the General Rules and Regulations under the Exchange Act.

 

“Beneficial
Ownership” by a Person of any securities means that such Person is a beneficial owner of such securities in accordance
with Rule 13d-3 under the Exchange Act, including by the exercise or conversion of any security exercisable or convertible for
shares of Common Stock (whether such acquisition may be made within sixty (60) days or a longer period), but excluding shares of
stock underlying unexercised options or warrants; provided, however, that, for purposes of this Agreement, no member
of the RMG Sponsor Group shall be deemed to Beneficially Own any Voting Shares or other securities owned by any members of the
Former Romeo Stockholders Group, and no member of Former Romeo Stockholders Group be deemed to Beneficially Own any Voting Shares
or other securities owned by any members of the RMG Sponsor Group; and provided, further, that, for purposes of calculating
Beneficial Ownership by a Person, Voting Shares Beneficially Owned by such Person shall not be double-counted with Voting Shares
Beneficially Owned by such Person’s Affiliates and any group in which such Person is a member. The term “Beneficially
Owned” shall have a correlative meaning. “Closing Date” has the meaning given to such term in the
Merger Agreement.

 

“BorgWarner”
shall mean BorgWarner Inc., a Delaware corporation.

 

“Former Romeo
Stockholders” shall mean the Stockholder who are designated as “Former Romeo Systems Stockholders” on Annex
A hereto.

 

“Former Romeo
Stockholders Group” shall mean the Former Romeo Stockholders and their respective stockholders, partners and members.

 

“Independent
Director” shall mean, regardless of whether an RMG Sponsor Designee, a Romeo Designee, or the BorgWarner Designee, a
person nominated for or appointed to the Board of Directors who, as of the time of determination is independent for purposes of
the NYSE Rules and the rules of the Securities and Exchange Commission.

 

“Lock-Up Period”
shall have the meaning ascribed to such term in the Lock-Up Agreements.

 

“Necessary
Action” means, with respect to any party and a specified result, all actions (to the extent such actions are not
prohibited by applicable law, within such party’s control and do not directly conflict with any rights expressly
granted to such party in this Agreement, the Merger Agreement, the Lock-Up Agreements, the Charter or the Bylaws of the
Company) reasonably necessary and desirable within his, her or its control to cause such result, including, without
limitation (i) calling special meetings of the Board and the stockholders of the Company, (ii) voting or providing a proxy
with respect to the Voting Shares (as defined below) Beneficially Owned by such party, (iii) causing the adoption of
stockholders’ resolutions and amendments to the Charter or Bylaws of the Company, including executing written consents
in lieu of meetings, (iv) executing agreements and instruments, (v) causing members of the Board (to the extent such members
were elected, nominated or designated by the party obligated to undertake such action) to act (subject to any applicable
fiduciary duties) in a certain manner or causing them to be removed in the event they do not act in such a manner and (vi)
making, or causing to be made, with governmental, administrative or regulatory authorities, all filings, registrations or
similar actions that are required to achieve such a result.

 

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“NYSE Rules”
shall mean the New York Stock Exchange rules or other rules of a national securities exchange upon which the Voting Shares are
listed or to which they are then subject.

 

“Permitted
Transferees” shall have the meaning ascribed to such term in the Registration Rights Agreement.

 

“Person”
shall mean an individual, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated
organization, government (or agency or political subdivision thereof) or any other entity.

 

“RMG Sponsor
Group” shall mean RMG Sponsor and its stockholders, partners and members.

 

2.             Agreement
to Vote. During the term of this Agreement, each Stockholder shall vote or cause to be voted all securities of the Company
that may be voted in the election of the Company’s directors registered in the name of, or Beneficially Owned by such Stockholder,
including any and all securities of the Company acquired and held in such capacity subsequent to the date hereof (hereinafter
referred to as the “Voting Shares”), in accordance with the provisions of this Agreement, including, without
limitation, voting or causing to be voted all Voting Shares Beneficially Owned by such Stockholder elect and/or maintain in office
as members of the Board those individuals designated by the Company pursuant to this Section 3 and to otherwise effect
the intent of the provisions of this Agreement; provided, that, for the purposes of Section 3.2.1, (x) each
Stockholder shall be obligated to vote or caused to be voted any Voting Shares Beneficially Owned by such Stockholder in favor
of the election of the Independent Directors (other than RMG Sponsor Designees and Romeo Designees) only for the first year following
the Closing Date, and (y) except as set forth in the preceding clause (x) no Stockholder shall be obligated to vote or cause to
be voted any Voting Shares Beneficially Owned by such Stockholder in favor of the election of any Independent Director and each
Stockholder may vote or cause to be voted any Voting Shares Beneficially Owned by such Stockholder with respect to any Independent
Director in its sole discretion. Each of the Stockholders agree not to take, directly or indirectly, any actions (including removing
directors in a manner inconsistent with this Agreement) that would frustrate, obstruct or otherwise affect the provisions of this
Agreement and the intention of the parties hereto with respect to the composition of the Board as herein stated. Except as explicitly
provided in this Agreement, each Stockholder is free to vote or cause to be voted all Voting Shares Beneficially Owned by such
Stockholder.

 

3.           Board
of Directors.

 

3.1         Size
of the Board. Subject to the terms and conditions of this Agreement, from the date of this Agreement, the Company shall take
all Necessary Action to (i) cause, effective immediately following the Effective Time, the Board to be comprised of nine (9) directors
and (ii) ensure that the size of the Board remains at nine (9) directors, except as may otherwise be approved by the Board of
Directors, acting with the approval of a majority of the Independent Directors and the RMG Sponsor Designees and the Romeo Designees.

 

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3.2         Board
Composition. Subject to the terms and conditions of this Agreement, from the date of this Agreement, the Company shall take
all Necessary Action to ensure that the following persons shall be elected to the Board:

 

3.2.1        
five (5) Independent Directors, which individuals shall initially be Philip Kassin, Robert Mancini, Susan Brennan, Donald
Gottwald and Timothy Stuart (collectively, the “Independent Directors”) and shall thereafter be designated as
determined by the Board; provided, that at least one of the Independent Directors must qualify as an “audit committee
financial expert” within the meaning of U.S. Securities and Exchange Commission Regulation S-K;

 

3.2.2        
two (2) directors designated from time to time by RMG Sponsor (the “RMG Sponsor Designees”), two (2)
of whom must be Independent Directors, for so long as RMG Sponsor Beneficially Owns 50% or more of the shares of Common Stock owned
by RMG Sponsor on the Closing Date (as adjusted in the event of any stock split, stock dividend, recapitalization, reorganization
or the like affecting the Common Stock), and one (1) director designated from time to time by RMG Sponsor, who must be an Independent
Director, for so long as RMG Sponsor Beneficially Owns 25% or more (but less than 50%) of the shares of Common Stock owned by RMG
Sponsor on the Closing Date (as adjusted in the event of any stock split, stock dividend, recapitalization, reorganization or the
like affecting the Common Stock), which RMG Sponsor Designees shall initially be Robert Mancini, who shall serve as non-executive
Chairman of the Board for so long as he remains a RMG Sponsor Designee on the Board, and Philip Kassin;

 

3.2.3         (A) at
any time that BorgWarner does not have the right to designate a director pursuant to Section 3.2.4, two (2) directors
designated from time to time by the Former Romeo Stockholders that Beneficially Own a majority of the shares of Common Stock
held by all Former Romeo Stockholders (each, a “Romeo Designee” and collectively, the “Romeo
Designees”), for so long as the Former Romeo Stockholders collectively Beneficially Own 50% or more of the shares
of Common Stock owned by the Former Romeo Stockholders on the Closing Date (as adjusted in the event of any stock split,
stock dividend, recapitalization, reorganization or the like affecting the Common Stock), and one (1) director designated
from time to time by the Former Romeo Stockholders that Beneficially Own a majority of the shares of Common Stock held by all
Former Romeo Stockholders for so long as the Former Romeo Stockholders Beneficially Own 25% or more (but less than 50%) of
the shares of Common Stock owned by the Former Romeo Stockholders on the Closing Date (as adjusted in the event of any stock
split, stock dividend, recapitalization, reorganization or the like affecting the Common Stock), and (B) at any time
that BorgWarner has the right to designate a director pursuant to Section 3.2.4, one (1) Romeo Designee designated from time
to time by the Former Romeo Stockholders other than BorgWarner that Beneficially Own a majority of the shares of Common Stock
held by all Former Romeo Stockholders other than BorgWarner, for so long as the Former Romeo Stockholders other than
BorgWarner Beneficially Own 25% or more of the shares of Common Stock owned by the Former Romeo Stockholders other than
BorgWarner on the Closing Date (as adjusted in the event of any stock split, stock dividend, recapitalization, reorganization
or the like affecting the Common Stock), which Romeo Designee shall initially be Lauren Webb;

 

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3.2.4         one
(1) director designated from time to time by BorgWarner (the “BorgWarner Designee”) for so long as BorgWarner
Beneficially Owns 7,677,071 or more shares of Common Stock owned by BorgWarner on the Closing Date, as adjusted in the event of
any stock split, stock dividend, recapitalization, reorganization or the like affecting the Common Stock, which BorgWarner Designee
shall initially be Brady Ericson;

 

3.2.5         one
(1) director who shall be the individual serving as the Chief Executive Officer of the Company (the “CEO Director”),
which individual shall initially be Lionel E. Selwood Jr.; and

 

3.2.6         one
(1) director designated from time to time by Republic (the “Republic Designee” and together with the Romeo
Designees, the RMG Sponsor Designees and the BorgWarner Designee, the “Designees”) for so long as Republic
Beneficially Owns one million five hundred thousand (1,500,000) or more shares of Common Stock, as adjusted in the event of any
stock split, stock dividend, recapitalization, reorganization or the like affecting the Common Stock, which Republic Designee
shall initially be Timothy Stuart.

 

3.3         Decrease
in Designees.

 

3.3.1       
Upon any decrease in the number of directors that RMG Sponsor, the Former Romeo Stockholders or BorgWarner are entitled
to designate for nomination to the Board, RMG Sponsor, the Former Romeo Stockholders or BorgWarner, as applicable, shall, at the
request of the Board, take all Necessary Action to cause the appropriate number of Designees to offer to tender their resignation,
effective as of the next annual meeting of stockholders of the Company. Any Designee resigning pursuant to this Section 3.3.1
shall be permitted to continue serving as a director until the next annual meeting of stockholders of the Company.

 

3.3.2         If
as a result of the provisions of Section 3.2.2, 3.2.3 or 3.2.4 there are seats on the Board for which none
of RMG Sponsor or the Former Romeo Stockholders have the right to designate a director, the selection of such director shall be
conducted in accordance with applicable law and with the Charter, Bylaws of the Company, and the other corporate governance documents
of the Company.

 

3.4         Resignation;
Removal; Vacancies.

 

3.4.1        
Any director may resign at any time upon written notice to the Board.

 

3.4.2         (A)
RMG Sponsor shall have the exclusive right to remove one or more of the RMG Sponsor Designees from the Board, and the Company
shall take all Necessary Action to cause the removal of any such RMG Sponsor Designee(s) at the written request of RMG
Sponsor and (B) RMG Sponsor shall have the exclusive right, in accordance with Subsection 3.2.2, to designate a
director for election to the Board to fill the vacancy created by reason of death, removal or resignation of a RMG Sponsor
Designee, and the Company shall take all Necessary Action to cause any such vacancy to be filled by a replacement RMG Sponsor
Designee as promptly as reasonably practicable.

 

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3.4.3        
(A) Former Romeo Stockholders that Beneficially Own a majority of the shares of Common Stock held by all Former Romeo Stockholders
shall have the exclusive right to remove one or more of the Romeo Designees from the Board, and the Company shall take all Necessary
Action to cause the removal of any such Romeo Designee(s) at the written request of such Former Romeo Stockholders and (B) Former
Romeo Stockholders that Beneficially Own a majority of the shares of Common Stock held by all Former Romeo Stockholders shall have
the exclusive right, in accordance with Section 3.2.3, to designate directors for election to the Board to fill vacancies
created by reason of death, removal or resignation of Romeo Designees, and the Company shall take all Necessary Action to cause
any such vacancies to be filled by replacement Romeo Designees as promptly as reasonably practicable.

 

3.4.4        
(A) BorgWarner shall have the exclusive right to remove the BorgWarner Designee from the Board, and the Company shall take
all Necessary Action to cause the removal of any such BorgWarner Designee at the written request of BorgWarner and (B) BorgWarner
shall have the exclusive right, in accordance with Subsection 3.2.4, to designate a director for election to the Board to
fill the vacancy created by reason of death, removal or resignation of the BorgWarner Designee, and the Company shall take all
Necessary Action to cause any such vacancy to be filled by a replacement BorgWarner Designee as promptly as reasonably practicable.

 

3.4.5        
If at any time a Person serving as the CEO Director ceases to be the Chief Executive Officer of the Company, the Company
shall take all Necessary Action to cause the removal of such Person as the CEO Director and, at such time as a succeeding Chief
Executive Officer is appointed by the Board, the appointment or election of such Person as the CEO Director.

 

3.5        
Committees; Board Observer Rights.

 

3.5.1         In
accordance with the Charter, Bylaws, and other corporate governance documents of the Company, the Board may from time to time
by vote or resolution establish and maintain one or more committees of the Board. Subject to applicable laws, stock exchange
regulations and applicable listing requirements, RMG Sponsor, the Former Romeo Stockholders and BorgWarner shall each,
severally, have the right to have one RMG Sponsor Designee, one Romeo Designee and the BorgWarner Designee, respectively,
appointed to serve on each committee of the Board for so long as RMG Sponsor, the Former Romeo Stockholders and BorgWarner,
as applicable, have the right to designate a director for election to the Board. The Company shall take all Necessary Action
to cause the initial composition of certain committees of the Board to be agreed among RMG Sponsor, Former Romeo Stockholders
that Beneficially Own a majority of the shares of Common Stock held by all Former Romeo Stockholders, BorgWarner and the
Company. The Board may dissolve any committee or remove any member of a committee at any time, provided that, (x) for
so long as RMG Sponsor has the right to designate a director for election to the Board, following any such removal, RMG
Sponsor shall have the right to maintain at least one RMG Sponsor Designee serving on such committee, (y) for so long as the
Former Romeo Stockholders have the right to designate a director for election to the Board, following any such removal,
Former Romeo Stockholders that Beneficially Own a majority of the shares of Common Stock held by all Former Romeo
Stockholders shall have the right to maintain at least one Romeo Designee serving on such committee and (z) for so long as
BorgWarner has the right to designate a director for election to the Board, following any such removal, BorgWarner shall have
the right to maintain the BorgWarner Designee serving on such committee.

 

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3.5.2        
Subject to applicable laws and stock exchange regulations and applicable listing requirements, RMG Sponsor shall also have
the right to appoint two (2) observers (each, a “Board Observer”) to attend any meeting of the Board for so
long as RMG Sponsor has the right to designate at least one director for nomination under this Agreement. Any meeting of the Board
may exclude a Board Observer from access to any meeting materials or information or meeting or portion thereof or written consent
if the Board determines, in good faith, that (i) such exclusion is reasonably necessary to protect highly confidential proprietary
information of the Company or confidential proprietary information of third parties that the Company is required to hold in confidence
or (ii) such access would reasonably be expected to result in a conflict of interest with the Company; provided, that such
exclusion shall be limited to the portion of the meeting materials or information or meeting or written consent that is the basis
for such exclusion and shall not extend to any portion of the meeting materials or information or meeting or written consent that
does not involve or pertain to such exclusion.

 

3.6        Voting.
The Company agrees not to take, directly or indirectly, any actions (including removing directors in a manner inconsistent with
this Agreement) that would frustrate, obstruct or otherwise affect the provisions of this Agreement and the intention of the parties
hereto with respect to the composition of the Board as herein stated.

 

4.           Representations
and Warranties of each Stockholder. Each Stockholder on its own behalf hereby represents and warrants to the Company and
the other Stockholders, severally and not jointly, with respect to such Stockholder and such Stockholder’s ownership of
his, her or its Voting Shares set forth on Annex A, as of the date of this Agreement, as follows:

 

4.1          Organization; Authority. If Stockholder is a legal entity, Stockholder (i) is duly incorporated or organized, validly
existing and in good standing under the laws of the jurisdiction of its incorporation or organization and (ii) has all requisite
power and authority to enter into this Agreement and to perform its obligations hereunder. If Stockholder is a natural person,
Stockholder has the legal capacity to enter into this Agreement and perform his or her obligations hereunder. If Stockholder is
a legal entity, this Agreement has been duly authorized, executed and delivered by Stockholder. This Agreement constitutes a valid
and binding obligation of Stockholder enforceable in accordance with its terms, except as enforcement may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general principles
of equity (regardless of whether considered in a proceeding in equity or at law).

 

4.2         No
Consent. Except as provided in this Agreement, no consent, approval or authorization of, or designation, declaration or
filing with, any Governmental Authority or other Person on the part of Stockholder is required in connection with the
execution, delivery and performance of this Agreement, except where the failure to obtain such consents, approvals,
authorizations or to make such designations, declarations or filings would not materially interfere with a
Stockholder’s ability to perform his, her or its obligations pursuant to this Agreement. If Stockholder is a natural
person, no consent of such Stockholder’s spouse is necessary under any “community property” or other laws
for the execution and delivery of this Agreement or the performance of Stockholder’s obligations hereunder. If
Stockholder is a trust, no consent of any beneficiary is required for the execution and delivery of this Agreement or the
consummation of the transactions contemplated hereby.

 

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4.3         No
Conflicts; Litigation. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated
hereby, nor compliance with the terms hereof, will (A) if such Stockholder is a legal entity, conflict with or violate any provision
of the organizational documents of Stockholder, or (B) violate, conflict with or result in a breach of, or constitute a default
(with or without notice or lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note,
bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise, license, judgment, order, notice,
decree, statute, law, ordinance, rule or regulation applicable to Stockholder or to Stockholder’s property or assets, except,
in the case of clause (B), that would not reasonably be expected to impair, individually or in the aggregate, Stockholder’s
ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Action pending or, to the
knowledge of a Stockholder, threatened, against such Stockholder or any of Stockholder’s Affiliates or any of their respective
assets or properties that would materially interfere with such Stockholder’s ability to perform his, her or its obligations
pursuant to this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated
by this Agreement.

 

4.4         Ownership of Shares. Stockholder Beneficially Owns his, her or its Voting Shares free and clear of all encumbrances,
other than as set forth in the Lock-Up Agreements, the Registration Rights Agreement and this Agreement. Except pursuant to this
Agreement, the Merger Agreement and the Registration Rights Agreement, there are no options, warrants or other rights, agreements,
arrangements or commitments of any character to which Stockholder is a party relating to the pledge, acquisition, disposition,
Transfer or voting of Voting Shares and there are no voting trusts or voting agreements with respect to the Voting Shares. Stockholder
does not Beneficially Own (i) any shares of capital stock of the Company other than the Voting Shares set forth on Annex A
and (ii) any options, warrants or other rights to acquire any additional shares of capital stock of the Company or any security
exercisable for or convertible into shares of capital stock of the Company, other than as set forth on Annex A (collectively,
 “Options”).

 

5.           Covenants
of the Company.

 

5.1          The Company shall: (i) take any and all action reasonably necessary to effect the provisions of this Agreement and the intention
of the parties with respect to the terms of this Agreement; (ii) not take any action that would reasonably be expected to adversely
frustrate, obstruct or otherwise affect the rights of RMG Sponsor under this Agreement without the prior written consent of RMG
Sponsor; (iii) not take any action that would reasonably be expected to adversely frustrate, obstruct or otherwise affect the rights
of the Former Romeo Stockholders under this Agreement without the prior written consent of the holders of the majority of Common
Stock held by the Former Romeo Stockholders at the time of such action; and (iv) not take any action that would reasonably be expected
to adversely frustrate, obstruct or otherwise affect the rights of BorgWarner under this Agreement without the prior written consent
of BorgWarner.

 

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5.2          The Company shall (i) purchase and maintain in effect at all times directors’ and officers’ liability insurance
in an amount and pursuant to terms determined by the Board to be reasonable and customary, (ii) for long as any director nominated
pursuant to this Agreement serves as a director on the Board, maintain such coverage with respect to such director, and (iii) cause
the Charter and Bylaws of the Company (each as may be further amended, modified and/or supplemented) to at all times provide for
the indemnification, exculpation and advancement of expenses of all directors of the Company to the fullest extent permitted under
applicable law; provided, that upon removal or resignation of any director for any reason, the Company shall take all actions
reasonable necessary to extend such directors’ and officers’ liability insurance coverage for a period of not less
than six (6) years from any such event in respect of any act or omission occurring at or prior to such event.

 

5.3          The Company shall pay all reasonable out-of-pocket expenses incurred by the directors in connection with the performance
of his or her duties as a director and in connection with his or her attendance at any meeting of the Board. The Company shall
enter into customary indemnification agreements with each director and officer of the Company from time to time.

 

6.           No
Other Voting Trusts or Other Arrangement. Each Stockholder shall not, and shall not permit any entity under such Stockholder’s
control to (i) deposit any Voting Shares or any interest in any Voting Shares in a voting trust, voting agreement or similar agreement,
(ii) grant any proxies, consent or power of attorney or other authorization or consent with respect to any of the Voting
Shares or (iii) subject any of the Voting Shares to any arrangement with respect to the voting of the Voting Shares, in each case,
that conflicts with or prevents the implementation of this Agreement.

 

7.           Additional
Shares. Each Stockholder agrees that all securities of the Company that may vote in the election of the Company’s
directors that such Stockholder purchases, acquires the right to vote or otherwise acquires Beneficial Ownership of (including
by the exercise or conversion of any security exercisable or convertible for shares of Common Stock) after the execution of this
Agreement shall be subject to the terms of this Agreement and shall constitute Voting Shares for all purposes of this Agreement.

 

8.           No
Agreement as Director or Officer. Stockholder is signing this Agreement solely in his, her or its capacity as a stockholder
of the Company. No Stockholder makes any agreement or understanding in this Agreement in such Stockholder’s capacity as
a director or officer of the Company or any of its Subsidiaries (if Stockholder holds such office). Nothing in this Agreement
will limit or affect any actions or omissions taken by a Stockholder in his, her or its capacity as a director or officer of the
Company, and no actions or omissions taken in such Stockholder’s capacity as a director or officer shall be deemed a breach
of this Agreement. Nothing in this Agreement will be construed to prohibit, limit or restrict a Stockholder from exercising his
or her fiduciary duties as an officer or director to the Company or its stockholders.

 

9.           Termination.
Following the Closing, (a) Sections 2, 3, 5, 6, and 7 of this Agreement shall terminate automatically
(without any action by any party hereto) on the first date on which no Stockholder has the right to designate a director to the
Board under this Agreement; provided, that the provisions in Section 5.2 shall survive such termination; and (b)
the remainder of this Agreement shall terminate automatically (without any action by any party hereto) as to each Stockholder
when such Stockholder ceases to Beneficially Own any Voting Shares.

 

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10.         Stock
Splits, Stock Dividends, etc. In the event of any stock split, stock dividend, recapitalization, reorganization or the
like, any securities issued with respect to Voting Shares held by Stockholders shall become Voting Shares for purposes of this
Agreement. During the term of this Agreement, all dividends and distributions payable in cash with respect to the Voting Shares
shall be paid, as applicable, to each of the undersigned Stockholders and all dividends and distributions payable in Common Stock
or other equity or securities convertible into equity with respect to the Voting Shares shall be paid, as applicable, to each
of the undersigned Stockholders.

 

11.         Miscellaneous.

 

11.1        Notices.
Any notice or communication under this Agreement must be in writing and given by (a) deposit in the United States mail, addressed
to the party to be notified, postage prepaid and registered or certified with return receipt requested, (b) delivery in person
or by courier service providing evidence of delivery, or (c) transmission by hand delivery, electronic mail or facsimile.
Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently
given, served, sent, and received, in the case of mailed notices, on the third business day following the date on which it is
mailed and, in the case of notices delivered by courier service, hand delivery, electronic mail or facsimile, at such time as
it is delivered to the addressee (except in the case of electronic mail, with the delivery receipt or the affidavit of messenger)
or at such time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement must
be addressed, if to the Company, to: Romeo Power, Inc., 4380 Ayers Avenue, Vernon, CA 90058, Attn: Lionel Selwood with a
copy to Paul Hastings LLP, 1999 Avenue of the Stars, Los Angeles, CA 90067, Attn: David M. Hernand and, if to any Stockholder,
to the address or email address, as applicable, of such party set forth on Annex A hereto. Any party may change its address
for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become
effective thirty (30) days after delivery of such notice as provided in this Section 11.1.

 

11.2       Assignment;
No Third Party Beneficiaries.

 

11.2.1   
Subject to Section 11.2.3, this Agreement and the rights, duties and obligations of the Company, as the case may be, hereunder
may not be assigned or delegated by the Company, as the case may be, in whole or in part.

 

11.2.2   
Prior to the expiration of the Lock-Up Period applicable to a Stockholder, such Stockholder may not assign or delegate such
Stockholder’s rights, duties or obligations under this Agreement, in whole or in part, in violation of the applicable Lock-Up
Period, except in connection with a transfer of Registrable Securities (as defined in the Registration Rights Agreement) by such
Stockholder to a Permitted Transferee but only if such Permitted Transferee agrees to become bound by the transfer restrictions
set forth in this Agreement.

 

11.2.3   
This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and
its successors and the permitted assigns of the applicable Stockholders, which shall include Permitted Transferees.

 

    10

     

    

 

11.2.4   
 This Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as expressly
set forth in this Agreement.

 

11.2.5   
No assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or
obligate the Company unless and until the Company shall have received (i) written notice of such assignment as provided in
Section 11.1 hereof and (ii) the written agreement of the assignee, in a form reasonably satisfactory to the Company,
to be bound by the terms and provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to
this Agreement). Any transfer or assignment made other than as provided in this Section 11.2 shall be null and void.

 

11.3       Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together
shall constitute the same instrument, but only one of which need be produced. Counterparts may be delivered via facsimile, electronic
mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com)
or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid
and effective for all purposes.

 

11.4       Jurisdiction.
Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with,
this Agreement shall be brought against any of the parties in the United States District Court for the District of Delaware or
any Delaware state court located in Wilmington, Delaware, and each of the parties hereby consents to the exclusive jurisdiction
of such court (and of the appropriate appellate courts) in any such suit, action or proceeding and waives any objection to venue
laid therein. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within
or without the jurisdiction of any such court.

 

11.5       WAIVER
OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT.

 

11.6       Amendments and Modifications. Any provision of this Agreement may be amended or waived if, but only if, such amendment
or waiver is in writing and is signed by the Company, RMG Sponsor, if at the time of such amendment or waiver RMG Sponsor is entitled
to designate a director pursuant to Section 3.2.2, the Former Romeo Stockholders representing the majority of Common Stock held
by the Former Romeo Stockholders at the time of such amendment or waiver, if at the time of such amendment or waiver the Former
Romeo Stockholders are entitled to designate a director pursuant to Section 3.2.3, and BorgWarner, if at the time of such amendment
or waiver BorgWarner is entitled to designate a director pursuant to Section 3.2.4. No failure or delay by any party in exercising
any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude
any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided
shall be cumulative and not exclusive of any rights or remedies provided by law.

 

    11

     

    

 

 

11.7          
 Severability. In the event that any provision of this Agreement shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

11.8          
Specific Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured
party for the breach of this Agreement by any party hereto and, accordingly, that this Agreement shall be specifically enforceable,
in addition to any other remedy to which such injured party is entitled at law or in equity, and that any breach of this Agreement
shall be the proper subject of a temporary or permanent injunction or restraining order. Further, each party hereto waives any
claim or defense that there is an adequate remedy at law for such breach or threatened breach or an award of specific performance
is not an appropriate remedy for any reason at law or equity and agrees that a party’s rights would be materially and adversely
affected if the obligations of the other parties under this Agreement were not carried out in accordance with the terms and conditions
hereof. Each party further agrees that no party shall be required to obtain, furnish or post any bond or similar instrument in
connection with or as a condition to obtain any remedy referred to in this Section 11.8, and each party irrevocably waives
any right it may have to require the obtaining, furnishing or posting of any such bond or similar instrument.

 

11.9          
Entire Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties, and
supersedes any prior agreement or understanding among the parties, with regard to the subject matter hereof, and no party shall
be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set
forth herein.

 

[Remainder of Page Intentionally
Left Blank; Signature Pages Follow]

 

    	12 

     

    

 

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

 

	 	COMPANY:
	 	 
		ROMEO POWER, INC.
	 	 
	 	By:	/s/ Lionel Selwood, Jr. 
	 	Name: 	Lionel E. Selwood, Jr.
	 	Title:	President, Chief Executive
Officer and Director

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

		RMG
SPONSOR, LLC
	 	 
	 	By:  MKC Investments LLC, as Sole Managing Member of RMG Sponsor, LLC
	 	 	 
	 	By:	/s/ Robert Mancini
	 	Name: 	Robert S. Mancini
	 	Title:	Chief Executive Officer

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Michael Patterson
	 	 	 
	 	By:	/s/ Michael Patterson

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Carson Levit
	 	 	 
	 	By:	/s/ Carson Levit

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Drew Lane Holdings, LLC
	 	 	 
	 	By:	/s/ James S. Gertler
	 	Name:	 James S. Gertler
	 	Title: 	 Manager

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Drew Lane Capital, LLC
	 	 	 
	 	By:	/s/ James S. Gertler
	 	Name:	 James S. Gertler
	 	Title: 	President and CEO

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	JSG Romeo Holdings, LLC
	 	 	 
	 	By:	/s/ James S. Gertler
	 	Name:	James S. Gertler
	 	Title: 	 Manager

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	TAGH Investments, LLC
	 	 	 
	 	By:	/s/ David Ayres
	 	Name:	 David Ayres
	 	Title: 	 CEO

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	George W. Wellde, Jr.
	 	 	 
	 	By:	/s/ George W. Wellde,
Jr.

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Charles S. Duncker
	 	 	 
	 	By:	/s/ Charles S. Duncker

  

(Signature Page to Stockholders’ Agreement) 

 

     

     

    

 

 

	 	STOCKHOLDER:
	 	 
	 	Paul Marsolan
	 	 
	 	 
	 	By:	/s/
    Paul Marsolan

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Ken Fried
	 	 
	 	 
	 	By:	/s/
    Ken Fried 

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

	 	STOCKHOLDER:
	 	 
	 	OpenDoor Venture Capital, LLC
	 	 
	 	 
	 	By:	/s/
    Ken Fried 
	 	Name:	Ken Fried
	 	Title:	Founder

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

	 	STOCKHOLDER:
	 	 
	 	Ulysses Ventures, LLC
	 	 
	 	 
	 	By: 	/s/
    Eric J. Gertler
	 	Name:	Eric J. Gertler
	 	Title:	CEO

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

	 	STOCKHOLDER:
	 	 
	 	BorgWarner Inc.
	 	 
	 	 
	 	By:	/s/
    Tonit Calaway
	 	Name:	Tonit Calaway
	 	Title:	Executive Vice President, Chief
    Administrative Officer, General Counsel and
    Secretary

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

	 	STOCKHOLDER:
	 	 
	 	HG Ventures, LLC
	 	 
	 	By:	/s/
    John Glushik
	 	Name:	John Glushik
	 	Title:	Managing Director

 

(Signature Page to Stockholders’ Agreement)

 

    

     

    

 

Annex
A

 

	Stockholder	Shares of Common Stock Beneficially Owned
	BorgWarner Inc.	19,315,399
	Drew Lane Holdings, LLC	36,635
	Drew Lane Capital, LLC	5,071,571
	JSG Romeo Holdings, LLC	175,469
	Charles S. Duncker	1,446,052
	HG Ventures LLC	3,277,268
	Carson Levit	3,459,755
	Paul Marsolan	2,434,600
	OpenDoor Venture Capital, LLC	1,366,095
	Ken Fried	1,442,516
	Michael Patterson	12,847,937
	TAGH Investments, LLC	923,161
	Ulysses Ventures, LLC	6,547,754
	George Wellde, Jr.	2,060,970
	RMG Sponsor, LLC	5,175,000Exhibit 10.8

 

Romeo Power, Inc.

2020 Long-Term Incentive Plan

 

SECTION
1.     PURPOSE

 

Romeo Power, Inc. hereby establishes this
2020 Long-Term Incentive Plan (the “Plan”). This Plan is intended to (i) attract and retain the
best available personnel to ensure the success of the Company (as defined below) and its Affiliates (as defined below) and accomplish
the goals of the Company and its Affiliates; (ii) to incentivize selected Eligible Persons (as defined below) with long-term
incentive awards to align their interests with the interests of the Company’s stockholders; and (iii) to promote the
success of the business of the Company and its Affiliates.

 

SECTION
2.     DEFINITIONS

 

As used in the Plan, the following terms
have the meanings set forth below:

 

		(a)	“Affiliate” shall mean (i) any entity that, directly or through
one or more intermediaries, is controlled by the Company and (ii) any entity in which the Company has a significant equity
interest, as determined by the Committee.

 

		(b)	“Applicable Law” shall mean the legal requirements that apply to the
Plan and Awards granted hereunder in any given circumstance as shall be in place from time to time under any statute, law, ordinance,
regulation, rule, code, executive order, injunction, judgment, decree or order of any governmental authority, whether of the United
States, any other country, and any provincial, state, or local subdivision, that relate to the administration of equity plans or
equity awards, as well as any applicable stock exchange or automated quotation system rules or regulations.

 

		(c)	“Award” shall mean any Option, Stock Appreciation Right, Restricted Stock,
Restricted Stock Unit, Performance Award, Dividend Equivalent, Other Stock-Based Award or cash Award granted under the Plan.

 

		(d)	“Award Agreement” shall mean any written agreement, contract, or other
instrument or document, including an electronic communication, as may from time to time be designated by the Company as evidencing
any Award granted under the Plan.

 

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

 

    1 

     

    

 

		(f)	“Cause” for termination from a Participant’s Continuous Service
will exist (unless another definition is provided in an applicable Option Agreement, Restricted Stock Purchase Agreement, employment
agreement or other applicable written agreement) if the Company reasonably determines that the Participant engage in (i) any
breach by Participant of any written agreement between Participant and the Company; (ii) any failure by Participant to comply
with the Company’s written policies or rules as they may be in effect from time to time; (iii) neglect or persistent
unsatisfactory performance of Participant’s duties; (iv) Participant’s repeated failure to follow reasonable and
lawful instructions from the Board or Chief Executive Officer; (v) Participant’s commission, conviction of, or plea
of guilty or nolo contendere to, any felony or any crime that results in, or is reasonably expected to result in, material harm
to the business or reputation of the Company; (vi) Participant’s commission of or participation in an act of fraud against
the Company; (vii) Participant’s damage to the Company’s business, property or reputation; or (viii) Participant’s
unauthorized use or disclosure of any proprietary information or trade secrets of the Company or any other party to whom the Participant
owes an obligation of nondisclosure as a result of his or her relationship with the Company. For purposes of clarity, a termination
without “Cause” does not include any termination that occurs as a result of Participant’s death or disability.
The determination as to whether a Participant’s Continuous Service has been terminated for Cause shall be made in good faith
by the Company and shall be final and binding on the Participant. The foregoing definition does not in any way limit the Company’s
ability to terminate a Participant’s employment or consulting or other service relationship at any time, and the term “Company”
will be interpreted to include any Subsidiary, Parent, Affiliate, or any successor thereto, if appropriate. Furthermore, a Participant’s
Continuous Service shall be deemed to have terminated for Cause within the meaning hereof if, at any time (whether before, on,
or after termination of the Participant’s Continuous Service), facts or circumstances are discovered that would have justified
a termination for Cause, regardless of whether the Participant initiated the termination of the Participant’s Continuous
Service.

 

		(g)	“Change in Control” shall mean (i) a sale of all or substantially
all of the Company’s assets other than to an Excluded Entity (as defined below), (ii) a merger, consolidation or other
capital reorganization or business combination transaction of the Company with or into another corporation, limited liability company
or other entity other than an Excluded Entity, or (iii) the consummation of a transaction, or series of related transactions,
in which any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial
owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of all of the Company’s then outstanding
voting securities. Notwithstanding the foregoing, a transaction shall not constitute a Change of Control if its purpose is to (A) change
the jurisdiction of the Company’s incorporation, (B) create a holding company that will be owned in substantially the
same proportions by the persons who hold the Company’s securities immediately before such transaction, or (C) obtain
funding for the Company in a financing that is approved by the Board. An “Excluded Entity” means a corporation
or other entity of which the holders of voting securities of the Company outstanding immediately prior to such transaction are
the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of
such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

 

		(h)	“Code” shall mean the Internal Revenue Code of 1986, as amended from
time to time and the rules and regulations issued thereunder.

 

		(i)	“Committee” shall mean a committee of the Board, acting in accordance
with the provisions of Section 3, designated by the Board to administer the Plan and composed of not less than two non-Employee
Directors. The initial Committee shall be the Compensation Committee of the Board.

 

		(j)	“Company” shall mean Romeo Power, Inc. and, to the extent determined
appropriate by the Board, in its sole discretion, any Affiliate or successor thereto.

 

    2 

     

    

 

		(k)	“Consultant” shall mean any person (other than an Employee or Director),
including an advisor, who is engaged by the Company or any Affiliate to render services and is compensated for such services.

 

		(l)	“Continuous Service” means a Participant’s period of service in
the absence of any interruption or termination of service as an Employee, Consultant, or Director. Continuous Service as an Employee
or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military
leave; (iii) any other bona fide leave of absence approved by the Company, provided that, if an Employee is
holding an Incentive Stock Option and such leave exceeds three months then, for purposes of Incentive Stock Option status only,
such Employee’s service as an Employee shall be deemed terminated on the first day following such three-month period and
the Incentive Stock Option shall thereafter automatically become a Non-Qualified Stock Option in accordance with Applicable Laws,
unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant
to a written Company policy. Also, Continuous Service as an Employee or Consultant shall not be considered interrupted or terminated
in the case of a transfer between locations of the Company or between the Company, its Parents, Subsidiaries or Affiliates, or
their respective successors, or a change in status from an Employee to a Consultant or Director or from a Consultant or Director
to an Employee.).

 

		(m)	“Director” shall mean a member of the Board, or a member of the board
of directors of an Affiliate.

 

		(n)	“Disability” shall mean “disability” within the meaning of
Section 22(e)(3) of the Code.

 

		(o)	“Dividend Equivalent” shall mean any right granted under Section 6(e)
of the Plan.

 

		(p)	“Eligible Person” shall mean (i) an Employee, Consultant, or Director,
or (ii) a non-Employee, non-Consultant, or non-Director to whom an offer of a service relationship as an Employee, Consultant,
or Director has been extended.

 

		(q)	“Employee” shall mean any person whom the Company or any Affiliate classifies
as an employee (including an officer) for employment tax purposes or, if in a jurisdiction that does not have employment taxes,
any person whom the Company or any Affiliate classifies as an employee (including an officer), in either case whether or not that
classification is correct. The payment by the Company of director’s fees to a Director shall not constitute “employment”
of such Director by the Company.

 

		(r)	“Fair Market Value” shall mean, with respect to any Shares or other securities,
the closing price of a Share or other security on the date as of which the determination is being made or as otherwise determined
in a manner specified by the Committee.

 

		(s)	“Grant Date” shall mean the later of (i) the date designated as
the “Grant Date” within an Award Agreement and (ii) the date on which the Committee determines the key terms of
an Award, provided that as soon as reasonably practicable thereafter the Company both notifies the Eligible Person
of the Award and issues an Award Agreement to the Eligible Person.

 

		(t)	“Incentive Stock Option” shall mean an option granted under Section 6(a)
of the Plan that is intended to meet the requirements of Section 422 of the Code, or any successor provision thereto.

 

		(u)	“Non-Qualified Stock Option” shall mean an option granted under Section 6(a)
of the Plan that is not intended to be an Incentive Stock Option.

 

		(v)	“Option” shall mean an Incentive Stock Option or a Non-Qualified Stock
Option.

 

    3 

     

    

 

		(w)	“Other Stock-Based Award” shall mean any right granted under Section 6(f)
of the Plan.

 

		(x)	“Participant” shall mean an Eligible Person designated to be granted
an Award under the Plan.

 

		(y)	“Performance Award” shall mean any right granted under Section 6(d)
of the Plan.

 

		(z)	“Performance Criteria” shall mean any quantitative and/or qualitative
measures, as determined by the Committee, which may be used to measure the level of performance of the Company or any individual
Participant during a Performance Period.

 

		(aa)	“Performance Period” shall mean any period as determined by the Committee
in its sole discretion.

 

		(bb)	“Person” shall mean any individual, corporation, partnership, association,
joint-stock company, trust, unincorporated organization, or government or political subdivision thereof.

 

		(cc)	“Restricted Stock” shall mean any award of Shares granted under Section 6(c)
of the Plan.

 

		(dd)	“Restricted Stock Unit” shall mean any restricted stock unit granted
under Section 6(c) of the Plan that is denominated in Shares.

 

		(ee)	“Retirement” shall mean that a Participant retires from the Company after
attaining age 60 and eight years of service with the Company and its Affiliates and satisfies any additional criteria as may be
determined by the Committee.

 

		(ff)	“Shares” shall mean the common shares of the Company, and such other
securities as may become the subject of Awards, or become subject to Awards, pursuant to an adjustment made under Section 4(b)
of the Plan.

 

		(gg)	“Stock Appreciation Right” shall mean any right granted under Section 6(b)
of the Plan.

 

		(hh)	“10% Stockholder” means a Person who, as of a relevant date, owns or
is deemed to own (by reason of the attribution rules applicable under Section 424(d) of the Code) stock possessing more than
10% of the total combined voting power of all classes of stock of the Company.

 

SECTION
3.         ADMINISTRATION

 

Except as otherwise provided herein, the
Plan shall be administered by the Committee, which shall have the power to interpret the Plan and to adopt such rules and guidelines
for implementing the terms of the Plan as it may deem appropriate, provided however, that the Board may act in lieu
of the Committee on any matter. The Committee shall have the ability to modify the Plan provisions, to the extent necessary, or
delegate such authority, to accommodate any changes in Applicable Law.

 

		(a)	Subject to the terms of the Plan and Applicable Law, the Committee shall have full power and authority
to: designate Participants; determine the type or types of Awards to be granted to each Participant under the Plan; determine the
number of Shares to be covered by (or with respect to which payments, rights, or other matters are to be calculated in connection
with) Awards; determine the terms and conditions of any Award; determine whether, to what extent, and under what circumstances
Awards may be settled or exercised in cash, Shares, other securities, or other Awards, or terminated, forfeited, canceled or suspended,
and the method or methods by which Awards may be settled, exercised, terminated, forfeited, canceled or suspended; determine whether,
to what extent, and under what circumstances cash, Shares, other securities, other Awards, and other amounts payable with respect
to an Award under the Plan shall be deferred either automatically or at the
election of the holder thereof or of the Committee; interpret and administer the Plan and any instrument or agreement relating
to, or Award made under, the Plan; establish, amend, suspend, or waive such rules and guidelines; appoint such agents as it shall
deem appropriate for the proper administration of the Plan; make any other determination and take any other action that the Committee
deems necessary or desirable for the administration of the Plan; and correct any defect, supply any omission, or reconcile any
inconsistency in the Plan or any Award in the manner and to the extent it deems desirable.

 

    4 

     

    

 

		(b)	Actions of the Committee may be taken by: the Chair of the Committee; a subcommittee, designated
by the Committee; the Committee but with one or more members abstaining or recusing himself or herself from acting on the matter.
Such action, authorized by such a subcommittee or by the Committee on the abstention or recusal of such members, shall be the action
of the Committee for purposes of the Plan; or one or more officers or managers of the Company or any Affiliate, or a committee
of such officers or managers whose authority is subject to such terms and limitations set forth by the Committee, and only with
respect to Eligible Persons who are not officers or directors of the Company for purposes of Section 16 of the Securities
Exchange Act of 1934, as amended. This delegation shall include modifications necessary to accommodate changes in the laws or regulations
of jurisdictions outside the U.S.

 

		(c)	Without limiting the foregoing, the Committee shall have the discretion to interpret or construe
ambiguous, unclear, or implied (but omitted) terms as it deems to be appropriate in its sole discretion and to make any findings
of fact needed in the administration of this Plan or Award Agreements. The Committee’s prior exercise of its discretionary
authority shall not obligate it to exercise its authority in a like fashion thereafter. The Committee’s interpretation and
construction of any provision of this Plan, or of any Award or Award Agreement, and all determinations the Committee or the Company
makes pursuant to this Plan shall be final, binding, and conclusive (subject only to the Committee’s or the Company’s
inherent authority to change their determinations). The validity of any such interpretation, construction, decision or finding
of fact shall not be given de novo review if challenged in court, by arbitration, or in any other forum, and shall be upheld
unless clearly affected by fraud.

 

		(d)	Any determination made by the Committee or the Company with respect to any provisions of this Plan
may be made on an Award-by-Award basis. The Committee and the Company have no obligation to be uniform, consistent, or nondiscriminatory
between classes of similarly-situated Eligible Persons, Participants, Awards or Award Agreements, except as required by Applicable
Law.

 

		(e)	CLAIMS LIMITATION PERIOD. Any Participant who believes he or she is being denied
any benefit or right under this Plan or under any Award or Award Agreement may file a written claim with the Committee. Any claim
must be delivered to the Committee within six months of the specific event giving rise to the claim. Untimely claims will not be
processed and shall be deemed denied. The Committee, or its designee, generally will notify the Participant of its decision in
writing as soon as administratively practicable. Claims shall be deemed denied if the Committee does not respond in writing within
180 days of the date the written claim is delivered to the Committee. The Committee’s decision (or deemed decision)
is final and conclusive and binding on all Persons. No lawsuit or arbitration relating to this Plan may be filed or commenced before
a written claim is filed with the Committee and is denied or deemed denied, and any lawsuit must be filed within one year of such
denial or deemed denial or be forever barred.

 

		(f)	NO LIABILITY; INDEMNIFICATION. Neither the Board nor any Committee member, nor any
                                                               Person acting at the direction of the Board or the Committee, shall be liable for any act, omission, interpretation,
                                                               construction, or determination made in good faith with respect to this Plan, any Award, or any Award Agreement. The Company
                                                               shall pay or reimburse any Director, Employee, or Consultant who in good faith takes action on behalf of this Plan, for all
                                                               expenses incurred with respect to this Plan, and to the
full extent allowable under Applicable Law shall indemnify each and every one of them for any claims, liabilities, and costs (including
reasonable attorney’s fees) arising out of their good faith performance of duties on behalf of this Plan. The Company may,
but shall not be required to, obtain liability insurance for this purpose.

 

    5 

     

    

 

		(g)	EXPENSES. The Company shall bear the expenses of administering this Plan.

 

SECTION
4.         SHARES AVAILABLE FOR AWARDS AND NON-EMPLOYEE DIRECTOR COMPENSATION LIMITS

 

		(a)	SHARES AVAILABLE. Subject to adjustment as provided in this Section 4:

 

		(i)	The total number of Shares that may be issued under the Plan pursuant to Awards may not exceed
15,000,000, all of which Shares may be issued under the Plan pursuant to Incentive Stock Options, plus any Shares that become eligible
for issuance under this Plan because of forfeited or converted awards under the Romeo Systems, Inc. 2016 Stock Plan. This is the
 “Share Reserve.” Notwithstanding the foregoing, no more than 15,000,000 Shares shall be available for
delivery pursuant to the exercise of Incentive Stock Options.

 

Except as otherwise provided
herein, any Award made under the 2016 Plan shall continue to be subject to the terms and conditions of the 2016 Plan and the applicable
Award Agreement. If any Shares issued to a Participant under the Plan are subject to an Award that is terminated, forfeited or
cancelled (e.g., unvested Restricted Stock Awards), such Shares will be again be available for future grant as part of the Share
Reserve. If any awards granted under the 2016 Plan (“Prior Awards”) are terminated, forfeited, cancelled
or expire unexercised, in whole or in part, new Awards may be issued under this Plan, rather than the 2016 Plan, with respect to
the Shares covered by such Prior Awards. In the event that withholding tax liabilities arising from an Award under this Plan or
the 2016 Plan other than an Option or Stock Appreciation Right are satisfied by the withholding of Shares by the Company, then
the Shares so withheld shall be available for Awards under the Plan and the Share Reserve shall be increased by the same number
of Shares as the Share Reserve was decreased on account of such Shares, if any.

 

		(ii)	ACCOUNTING FOR AWARDS. For purposes of this Section 4, unless the Committee determines
otherwise:

 

		(A)	if an Award (other than a Dividend Equivalent) is denominated in Shares, the number of Shares covered
by such Award, or to which such Award relates, shall be counted on the date of grant of such Award against the aggregate number
of Shares available for granting Awards under the Plan;

 

		(B)	Dividend Equivalents denominated in Shares and Awards not denominated, but potentially payable,
in Shares shall be counted against the aggregate number of Shares available for granting Awards under the Plan in such amount and
at such time as the Dividend Equivalents and such Awards are settled in Shares. Any Shares that are delivered by the Company, and
any Awards that are granted by, or become obligations of, the Company through the assumption by the Company or an Affiliate of,
or in substitution for, outstanding awards previously granted by an acquired company, whether through an asset or equity transaction,
shall not be counted against the Shares available for granting Awards under this Plan; and

 

		(C)	Shares subject to Awards that qualify as inducement grants under NYSE Rule 303A.08 or its
successor shall not be counted against the Shares available for granting Awards under this
Plan nor shall they be counted for purposes of applying the limits set forth in Section 4(a).

 

    6 

     

    

 

		(iii)	SOURCES OF SHARES DELIVERABLE UNDER AWARDS. The Shares to be issued, transferred, and/or
sold under the Plan shall be made available from authorized and unissued Shares or from the Company’s treasury shares.

 

		(b)	ADJUSTMENTS.

 

		(i)	In the event that the Committee determines that any dividend or other distribution (whether in
the form of cash, Shares, or other securities), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation,
split-up, spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, issuance of warrants or
other rights to purchase Shares or other securities of the Company, or other similar corporate transaction or event constitutes
an equity restructuring, as that term is defined in the Accounting Standards Codification Master Glossary and used in Accounting
Standards Codification Topic 718 (or any successor thereto), or otherwise affects the Shares, then the Committee may adjust the
following in a manner that is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the
benefits or potential benefits intended to be made available under the Plan:

 

		(A)	the number and type of Shares or other securities which thereafter may be made the subject of Awards
including the limit specified in Section 4(a)(i);

 

		(B)	the number and type of Shares or other securities subject to outstanding Awards;

 

		(C)	the grant, purchase, or exercise price with respect to any Award, or, if deemed appropriate, make
provision for a cash payment to the holder of an outstanding Award; and

 

		(D)	other value determinations applicable to outstanding Awards.

 

provided,
however, in each case, that with respect to Awards of Incentive Stock Options no such adjustment is authorized to the extent that
such authority would cause the Plan to violate Section 422(b)(1)
of the Code or any successor provision thereto; and provided further, however, that the number of Shares subject
to any Award denominated in Shares shall always be a whole number.

 

		(ii)	ADJUSTMENTS OF AWARDS ON CERTAIN ACQUISITIONS. In the event that a company acquired by the
Company or any Affiliate or with which the Company or any Affiliate combines has shares available under a pre-existing plan approved
by its stockholders and not adopted in contemplation of such acquisition or combination, the shares available for grant pursuant
to the terms of such pre-existing plan (as adjusted, to the extent appropriate, using the exchange ratio or other formula used
in such transaction to determine the consideration payable to the holders of common stock of such acquired company) may be used
for similar Awards under the Plan and shall not reduce the Shares authorized for issuance or transfer under the Plan; provided
that Awards using such available shares shall not be made after the date awards or grants could have been made under the
terms of the pre-existing plan, absent the acquisition or combination, and shall only be made to individuals who were not employed,
immediately before such acquisition or combination, by the post-transaction listed company or entities that were its subsidiaries
immediately before the transaction.

 

    7 

     

    

 

		(iii)	ADJUSTMENTS OF AWARDS ON THE OCCURRENCE OF CERTAIN UNUSUAL OR NONRECURRING EVENTS. The Committee
is authorized to make adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual
or nonrecurring events affecting the Company, or the financial statements of the Company, or of changes in Applicable Law or accounting
principles, whenever the Committee determines that such adjustments are appropriate in order to prevent dilution or enlargement
of the benefits or potential benefits to be made available under the Plan.

 

		(iv)	DISSOLUTION OR LIQUIDATION. Except as otherwise provided in an Award Agreement, in the event
of the dissolution or liquidation of the Company other than as part of a Change in Control, each Award will terminate immediately
prior to the consummation of such dissolution or liquidation, subject to the ability of the Committee to exercise any discretion
authorized in the case of a Change in Control.

 

		(v)	CHANGE IN CONTROL. In the event of a Change in Control but subject to the terms of
any Award Agreements or employment-related agreements between the Company or any Affiliates and any Participant, each outstanding
Award may be assumed or a substantially equivalent award may be substituted by the surviving or successor company or a parent or
subsidiary of such successor company (in each case, the “Successor Company”) upon consummation of the
transaction. Notwithstanding the foregoing, instead of having outstanding Awards be assumed or substituted with equivalent awards
by the Successor Company, the Committee may in its sole and absolute discretion and authority, without obtaining the approval or
consent of the Company’s stockholders or any or all Participant(s), take one or more of the following actions:

 

		(A)	accelerate the vesting of Awards so that some or all Awards shall vest (and, to the extent applicable,
become exercisable) as to some or all of the Shares that otherwise would have been unvested and/or provide that repurchase rights
of the Company, if any, with respect to Shares issued pursuant to an Award shall lapse;

 

		(B)	arrange or otherwise provide for the payment of cash or other consideration to Participants in
exchange for the satisfaction and cancellation of all or some outstanding Awards (based on the Fair Market Value, on the date of
the Change in Control, of the Award being cancelled, based on any reasonable valuation method selected by the Committee; provided
that the Committee shall have full discretion to unilaterally cancel (1) either all Awards or only select Awards (such as only
those that have vested on or before the Change in Control), and (2) any Options or Stock Appreciation Rights whose exercise price
is equal to or greater than the Fair Market Value of the Shares, as of the date of the Change in Control, with such cancellation
being without the payment of any consideration whatsoever to those Participants whose Options and Stock Appreciation Rights are
being cancelled;

 

		(C)	terminate all or some Awards upon the consummation of the transaction without payment of any consideration,
subject to the notice requirements of Section 8(o); or

 

		(D)	make such other modifications, adjustments or amendments to outstanding Awards or this Plan as
the Committee deems necessary or appropriate.

 

    8 

     

    

 

		(c)	NON-EMPLOYEE DIRECTOR LIMITS. Notwithstanding anything to the contrary herein, no non-Employee
Director shall receive in excess of $600,000 of compensation in any calendar year, determined by adding (i) all
cash compensation to such non-Employee Director and (ii) the Fair Market Value of all Awards granted to such non-Employee
Director in such calendar year, based on the Fair Market Value of such Awards on the Grant Date (as determined in a manner consistent
with that used for non-Employee Director compensation for proxy statement disclosure purposes in the year in which the Award occurs);
provided, however, the Board may make exceptions to this limit for individual non-Employee Directors in extraordinary
circumstances, so long as this paragraph would not be violated if the $600,000 figure were instead $750,000, as the Board may determine
in its sole discretion, provided that the non-Employee Director receiving such additional compensation may not participate
in the decision to award such compensation or in other contemporaneous compensation decisions involving non-Employee Directors.

 

SECTION
5.         ELIGIBILITY

 

Any Eligible Person is eligible to be designated
a Participant. The Committee shall determine which Eligible Persons may receive Awards. If the Committee does not determine that
an Eligible Person is to receive a specific Award, he or she shall not be entitled to any such Award. Each Award shall be evidenced
by an Award Agreement that: sets forth the Grant Date and all other terms and conditions of the Award; is signed on behalf of the
Company; and (unless waived by the Committee) is signed by the Eligible Person in acceptance of the Award. The grant of an Award
shall not obligate the Company or any Affiliate to continue the employment or service of any Eligible Person, or to provide any
future Awards or other remuneration at any time thereafter.

 

SECTION
6.         AWARDS

 

		(a)	OPTIONS. The Committee is authorized to grant Options to Participants with the following
terms and conditions and with such additional terms and conditions not inconsistent with the provisions of the Plan, as the Committee
shall determine:

 

		(i)	EXERCISE PRICE. The purchase price per Share purchasable under an Option shall be determined
by the Committee; provided, however, and except as provided in Section 4(b), that such purchase price shall
not be less than (A) 100% of the Fair Market Value of a Share on the date of grant of such Option or (B) if the Person to
whom an Incentive Stock Option is granted is a 10% Stockholder on the date of grant, the exercise price shall be not less than
110% of the Fair Market Value on the date the Incentive Stock Option is granted. However, an Option may be granted with an exercise
price lower than that set forth in the preceding sentence if such Option is granted pursuant to an assumption or substitution for
another option in a manner satisfying the provisions of Section 424 of the Code or Treasury Regulation Section 1.409A-1(b)(5)(v)(D).

 

		(ii)	OPTION TERM. The term of each Option shall not exceed ten (10) years from the date
of grant; provided, however, that with respect to Incentive Stock Options issued to 10% Stockholders, the term of
each such Option shall not exceed five (5) years from the date it is granted.

 

		(iii)	TIME AND METHOD OF EXERCISE. The Committee shall establish in the applicable Award
                                                               Agreement the time or times at which an Option may be exercised in whole or in part, and the method or methods by which, and
                                                               the form or forms, including, without limitation, cash, Shares, or other Awards, or any combination thereof, having a Fair
                                                               Market Value on the exercise date equal to the relevant exercise price, in which, payment of the exercise price with respect
                                                               thereto may be made or deemed to have been made. The Company shall not be required to deliver Shares pursuant to the exercise
                                                               of an Option and the Option will be deemed unexercised until the Company has received sufficient funds or value to cover the
                                                               full exercise price due and all applicable withholding obligations. The Committee may in its sole discretion set forth in an
                                                               Award Agreement that a Participant may exercise
an unvested Option, in which case the Shares then issued shall be restricted Shares having the same vesting restrictions as the
unvested Option.

 

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		(iv)	TERMINATION OF CONTINUOUS SERVICE. The Committee may set forth in the applicable Award Agreement,
or a severance agreement, employment agreement, service agreement or severance plan, the terms and conditions by which an Option
is exercisable, if at all, after the date of a Participant’s termination of Continuous Service. The Committee may waive or
modify these provisions at any time. To the extent that a Participant is not entitled to exercise an Option on the date of a Participant’s
termination of Continuous Service, or if the Participant (or other Person entitled to exercise the Option) does not exercise the
Option within the time and as specified in the Award Agreement or below (as applicable), the Option shall terminate. Notwithstanding
the foregoing, if the Company has a contingent contractual obligation to provide for accelerated vesting or extended exercisability
after termination of a Participant’s Continuous Service, such Options shall not terminate at the time they otherwise would
terminate but instead shall remain outstanding, but unexercisable, until the maximum contractual time for determining whether such
contingency will occur, and terminate at such time if the contingency has not then occurred; provided that no such
extension shall cause an Option to be exercisable after the 10-year anniversary of its Grant Date or the date such Option otherwise
would have terminated had the Participant remained in Continuous Service.

 

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Subject to the preceding paragraph
and Section 6(a)(vi) and to the extent an Award Agreement, or a severance agreement, employment agreement, service
agreement or severance plan, does not otherwise specify the terms and conditions on which an Option shall terminate when a
Participant terminates Continuous Service, the following provisions apply:

 

	Reason for Terminating Continuous

Service	 	Option Termination Date
	(I) By the Company for Cause, or what would have been Cause if the Company had known all of the relevant facts, or due to Participant’s material breach of his or her unexpired employment agreement or independent contractor agreement with the Company.	 	All Options, whether or not vested, shall immediately expire effective on the date of termination of the Participant’s Continuous Service, or when Cause first existed if earlier.
	 	 	 
	(II) Retirement of the Participant unless Reason 1 applies).	 	All unvested Options shall immediately expire effective on the date of termination of the Participant’s Continuous Service.  All vested and unexercised Options shall expire six (6) months after the date of termination of the Participant’s Continuous Service.
	 	 	 
	(III) Disability or Death of the Participant during Continuous Service (in either case unless Reason I applies).	 	All unvested Options shall immediately expire effective as of the date of termination of the Participant’s Continuous Service, and all vested and unexercised Options shall expire 12 months after such termination.
	 	 	 
	(IV) Any other reason.	 	All unvested Options shall immediately expire effective on the date of termination of the Participant’s Continuous Service.  All vested and unexercised Options, to the extent unexercised, shall expire effective 90 days after the date of termination of the Participant’s Continuous Service.

 

		(v)	BLACKOUT PERIODS. If there is a blackout period (whether under the Company’s insider
trading policy, Applicable Law, or a Committee-imposed blackout period) that prohibits buying or selling Shares during any part
of the ten (10) day period before an Option expires (as described above), the Option exercise period shall be extended until
ten (10) days beyond the end of the blackout period. Notwithstanding anything to the contrary in this Plan or any Award Agreement,
no Option can be exercised beyond the later of the date its original term expires as set forth in the Award Agreement, the date
on which the Option otherwise would become unexercisable, or the ten-year anniversary of its Grant Date.

 

		(vi)	COMPANY CANCELLATION RIGHT. Subject to Applicable Law, if the Fair Market Value for Shares
subject to any Option is more than 50% below the Option’s exercise price for more than 90 consecutive business days, the
Committee unilaterally may declare the Option terminated, effective on the date the Committee provides written notice to the Option
holder. The Committee may take such action with respect to any or all Options granted under the Plan and with respect to any individual
Option holder or class(es) of Option holders.

 

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		(vii)	NON-EXEMPT EMPLOYEES. An Option granted to an Employee who is non-exempt for purposes of
the Fair Labor Standards Act of 1938, as amended, will not be first exercisable for any Shares until at least six (6) months
after the Grant Date of the Option (although the Award may vest prior to such date). Notwithstanding the foregoing, consistent
with the provisions of the Worker
Economic Opportunity Act, the vested portion of any Options may be exercised earlier than six (6) months after the Grant Date:
(A) if the non-exempt Employee dies or suffers a Disability; (B) in connection with a corporate transaction in which
the Option is not assumed, continued, or substituted; (C) on a Change in Control; or (D) on the Participant’s retirement
(as may be defined in the Participant’s Award Agreement or other agreement with the Company, or, if no such definition, in
accordance with the Company’s then current employment policies and guidelines). The foregoing provision is intended to operate
so that any income derived by a non-exempt Employee in connection with the exercise or vesting of an Option will be exempt from
his or her regular rate of pay.

 

		(viii)	INCENTIVE STOCK OPTIONS. By law, only Employees are eligible to receive Incentive Stock
Options. The terms of any Incentive Stock Option granted under the Plan shall be designed to comply in all respects with the provisions
of Section 422 of the Code, or any successor provision thereto, and any regulations promulgated thereunder. Notwithstanding
anything in this Section 6(a) to the contrary, Options designated as Incentive Stock Options shall not be eligible for treatment
under the Code as Incentive Stock Options (and will be deemed to be Non-Qualified Stock Options) to the extent that either (A) the
aggregate Fair Market Value of Shares (determined as of the time of grant) with respect to which such Options are exercisable for
the first time by the Participant during any calendar year (under all plans of the Company and any subsidiary) exceeds $100,000,
taking Options into account in the order in which they were granted, or (B) such Options otherwise remain exercisable but
are not exercised within three (C) months of termination of Continuous Service (or such other period of time provided in Section 422
of the Code).

 

		(ix)	NO RELOAD OPTIONS. No Option shall include terms entitling the Participant to a grant of
Options or Stock Appreciation Rights on exercise of the Option.

 

		(b)	STOCK APPRECIATION RIGHTS. The Committee is hereby authorized to grant Stock Appreciation
Rights to Participants. Subject to the terms of the Plan and any applicable Award Agreement, a Stock Appreciation Right granted
under the Plan shall confer on the holder thereof a right to receive, on exercise thereof, the excess of (i) the Fair Market
Value of one Share on the date of exercise over (ii) the grant price of the right as specified by the Committee.

 

		(i)	GRANT PRICE. The grant price shall be determined by the Committee, provided,
however, and except as provided in Section 4(b), that such price shall not be less than 100% of the Fair Market Value of one
Share on the date of grant of the Stock Appreciation Right, except that if a Stock Appreciation Right is at any time granted in
tandem with an Option, the grant price of the Stock Appreciation Right shall not be less than the exercise price of such Option.

 

		(ii)	TERM. The term of each Stock Appreciation Right shall not exceed ten (10) years from
the date of grant.

 

		(iii)	OTHER RULES. The rules of Sections 6(a)(iii) – 6(a)(ix) shall apply to Stock
Appreciation Rights as if the Award were an Option.

 

		(c)	RESTRICTED STOCK AND RESTRICTED STOCK UNITS.

 

		(i)	ISSUANCE. The Committee is hereby authorized to grant Awards of Restricted Stock and Restricted
Stock Units to Participants.

 

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		(ii)	RESTRICTIONS. Shares of Restricted Stock and Restricted Stock Units shall be subject to
such restrictions as the Committee may establish in the applicable Award Agreement (including, without limitation, any limitation
on the right to vote a Share of Restricted Stock or the right to receive any dividend or other right), which restrictions may lapse
separately or in combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate. Unrestricted
Shares, evidenced in such manner as the Committee shall deem appropriate, shall be delivered to the holder of Restricted Stock
promptly after such restrictions have lapsed. Subject to Applicable Law, the Committee may make Awards of Restricted Stock and
Restricted Stock Units with or without the requirement for payment of cash or other consideration.

 

		(iii)	REGISTRATION. Any Restricted Stock or Restricted Stock Units granted under the Plan may
be evidenced in such manner as the Committee may deem appropriate, including, without limitation, book-entry registration or issuance
of a stock certificate or certificates. In the event any stock certificate is issued in respect of Shares of Restricted Stock granted
under the Plan, such certificate shall be registered in the name of the Participant and shall bear an appropriate legend referring
to the terms, conditions, and restrictions applicable to such Restricted Stock.

 

		(iv)	FORFEITURE. On termination of Continuous Service during the applicable restriction period,
except as otherwise determined by the Committee, all Shares of Restricted Stock and all Restricted Stock Units still, in either
case, subject to restriction shall be forfeited and, to the extent applicable, reacquired by the Company. However, if the Participant
paid cash or other consideration for Restricted Stock that is so forfeited, the Company shall return to the Participant the lower
of the Fair Market Value of the Shares on the date of forfeiture or their original purchase price, to the extent set forth in an
Award Agreement or required by Applicable Law.

 

		(d)	PERFORMANCE AWARDS. The Committee is hereby authorized to grant Performance Awards to Participants.
Performance Awards include arrangements under which the grant, issuance, retention, vesting and/or transferability of any Award
are subject to Performance Criteria and such additional conditions or terms as the Committee may designate. Subject to the terms
of the Plan and any applicable Award Agreement, a Performance Award granted under the Plan:

 

		(i)	may be denominated or payable in cash, Shares (including, without limitation, Restricted Stock),
other securities, or other Awards; and

 

		(ii)	shall confer on the holder thereof rights valued as determined by the Committee and payable to,
or exercisable by, the holder of the Performance Award, in whole or in part, on the achievement of such performance goals during
such Performance Periods as the Committee shall establish.

 

		(iii)	AMENDMENT OF PERFORMANCE CRITERIA. After a Performance Award has been granted, the Committee
may, if it determines appropriate, amend any Performance Criteria, at its sole and absolute discretion.

 

		(iv)	SATISFACTION OF PERFORMANCE CRITERIA. If, as a result of the applicable Performance Criteria
being met, a Performance Award becomes vested and/or exercisable in respect of some, but not all of the number of Shares underlying
such Award, which did not become vested and exercisable by the end of the Performance Period, such Performance Award shall thereupon
lapse and cease to be exercisable in respect of the balance of the Shares which did not vest and/or become exercisable by the end
of the Performance Period.

 

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		(e)	DIVIDEND EQUIVALENTS. The Committee is hereby authorized to grant to Participants Awards
(other than Options and Stock Appreciation Rights) under which the holders thereof shall be entitled to receive payments equivalent
to dividends or interest with respect to a number of Shares determined by the Committee, and the Committee may provide that such
amounts (if any) shall be deemed to have been reinvested in additional Shares or otherwise reinvested. Subject to the terms of
the Plan and any applicable Award Agreement, such Awards may have such terms and conditions as the Committee shall determine.

 

		(f)	OTHER STOCK-BASED AWARDS. The Committee is authorized to grant to Participants such other
Awards that are denominated or payable in, valued in whole or in part by reference to, or otherwise based on or related to, Shares
(including, without limitation, securities convertible into Shares), as are deemed by the Committee to be consistent with the purposes
of the Plan, provided, however, that such grants must comply with Applicable Law. Subject to the terms of the Plan
and any applicable Award Agreement, the Committee shall determine the terms and conditions of such Awards. Shares or other securities
delivered pursuant to a purchase right granted under this Section 6(f) shall be purchased for such consideration, as the Committee
shall determine, the value of which consideration, as established by the Committee, and except as provided in Section 4(b),
shall not be less than the Fair Market Value of such Shares or other securities as of the date such purchase right is granted.

 

		(g)	GENERAL.

 

		(i)	NO CASH CONSIDERATION FOR AWARDS. Awards may be granted for no cash consideration or for
such cash consideration as may be required by Applicable Law or determined by the Committee; however, Participants may be required
to pay any amount the Committee determines in connection with Awards not inconsistent with the terms of this Plan.

 

		(ii)	AWARDS MAY BE GRANTED SEPARATELY OR TOGETHER. Awards may, in the discretion of the Committee,
be granted either alone or in addition to, in tandem with, or in substitution for any other Award or any award granted under any
other plan of the Company or any Affiliate.

 

		(iii)	FORMS OF PAYMENT UNDER AWARDS. Subject to the terms of the Plan and of any applicable Award
Agreement, payments or transfers to be made by the Company or an Affiliate on the grant, exercise, or payment of an Award may be
made in such form or forms as the Committee shall determine, including, without limitation, cash, Shares, rights in or to Shares
issuable under the Award or other Awards, other securities, or other Awards, or any combination thereof, and may be made in a single
payment or transfer, in installments, or on a deferred basis, in each case in accordance with rules and procedures established
by the Committee. Such rules and procedures may include, without limitation, provisions for the payment or crediting of reasonable
interest on installment or deferred payments or the grant or crediting of Dividend Equivalents in respect of installment or deferred
payments.

 

		(iv)	LIMITS ON TRANSFER OF AWARDS. Except as provided by the Committee, no Award and no right
under any such Award, shall be assignable, alienable, saleable, or transferable by a Participant otherwise than by will or by the
laws of descent and distribution provided, however, that, if so determined by the Committee, a Participant may, in
the manner established by the Committee, designate a beneficiary or beneficiaries to exercise the rights of the Participant with
respect to any Award on the death of the Participant.
Each Award, and each right under any Award, shall be exercisable, during the Participant’s lifetime, only by the Participant
or, if permissible under Applicable Law, by the Participant’s guardian or legal representative. No Award and no right under
any such Award, may be pledged, alienated, attached, or otherwise encumbered, and any purported pledge, alienation, attachment,
or encumbrance thereof shall be void and unenforceable against the Company or any Affiliate.

 

    14 

     

    

 

		(v)	CONDITIONS AND RESTRICTIONS ON SECURITIES SUBJECT TO AWARDS. The Committee may provide that
the Shares issued on exercise of an Option or Stock Appreciation Right or otherwise subject to or issued under an Award shall be
subject to such further agreements, restrictions, conditions or limitations as the Committee in its discretion may specify prior
to the exercise of such Option or Stock Appreciation Right or the grant, vesting or settlement of such Award, including without
limitation, conditions on vesting or transferability and forfeiture or repurchase provisions or provisions on payment of taxes
arising in connection with an Award. Without limiting the foregoing, such restrictions may address the timing and manner of any
re-sales by the Participant or other subsequent transfers by the Participant of any Shares issued under an Award, including without
limitation: (A) restrictions under an insider trading policy or pursuant to Applicable Law, (B) restrictions designed
to delay and/or coordinate the timing and manner of sales by Participant and holders of other Company equity compensation arrangements,
(C) restrictions as to the use of a specified brokerage firm for such re-sales or other transfers and (D) provisions
requiring Shares to be sold on the open market or to the Company in order to satisfy tax withholding or other obligations. The
Committee shall include in any Award Agreement any claw back or forfeiture provisions required by Applicable Law. The Committee
also may include in any Award Agreement provisions providing for forfeiture of the Award or requiring the Participant to return
the Shares underlying the Award to the Company in the event the Participant engages in specified behavior that is adverse to the
Company’s interests, including after termination of his or her service relationship with the Company, such as for competing
with the Company, soliciting its Employees, or breaching a written agreement with the Company.

 

Each Award under this Plan is
intended to align the Participant’s long-term interests with those of the Company. Accordingly, to the extent expressly provided
in an Award Agreement, the Committee may terminate any outstanding Awards (“Termination”), rescind any
exercise, payment or delivery pursuant to an Award (“Rescission”), or recapture any Shares or proceeds
from the Participant’s sale of Shares issued pursuant to an Award (“Recapture”), if the Participant
does not comply with the conditions of this Section 6(g)(v) or conditions or restrictions set forth in a Participant’s Award
Agreement (collectively, the “Conditions”).

 

The Committee may, in its
sole and absolute discretion, impose a Termination, Rescission, and/or Recapture with respect to any or all of a
Participant’s relevant Awards or restricted Shares if the Committee determines, in its sole and absolute discretion,
that (i) the Participant has materially violated any agreement between the Participant and the Company or one of its
Affiliates, (ii) within six months after the termination of the Participant’s Continuous Service, the Participant has
solicited any non-administrative employee of the Company (or one of its Affiliates) to terminate employment with the Company
(or one of its Affiliates), or (iii) during his or her Continuous Service, a Participant (A) has rendered services to or
otherwise directly or indirectly engaged in or assisted, any organization or business that, in the judgment of the Committee
in its sole and absolute discretion, is or is working to become competitive with the Company (or one of its Affiliates); (B)
has solicited any non-administrative employee of the Company (or one of its Affiliates) to terminate employment with the
Company (or one of its Affiliates); or (C) has engaged in activities which are materially prejudicial to or in conflict with
the interests of the Company, including any breaches of fiduciary duty or the duty of loyalty.

 

    15 

     

    

 

Within ten (10) days after receiving
notice from the Committee of any such activity described in the paragraph above, the Participant shall deliver to the Company the
Shares acquired pursuant to the Award, or, if Participant has sold the Shares, the gain realized, or payment received as a result
of the rescinded exercise, payment, or delivery; provided, that if the Participant returns Shares that the Participant
purchased, the Company shall promptly refund, without earnings, an amount equal to the cash, if any, that the Participant paid
for the Shares or, if the Fair Market Value of the Shares is less than the cash purchase price paid, promptly pay to the Participant
the Fair Market Value of the returned Shares. Any payment by the Participant to the Company pursuant to this Section 6(g)(v) shall
be made either in cash or by returning to the Company the number of Shares that the Participant received in connection with the
rescinded exercise, payment, or delivery.

 

Notwithstanding the foregoing
provisions of this Section 6(g)(v), the Committee has sole and absolute discretion not to require Termination, Rescission and/or
Recapture, and its determination not to require Termination, Rescission and/or Recapture with respect to any particular act by
a particular Participant or Award shall not in any way reduce or eliminate the Committee’s authority to require Termination,
Rescission and/or Recapture with respect to any other act or Participant or Award. Nothing in this Section 6(g)(v) shall be construed
to impose obligations on the Participant to refrain from engaging in lawful competition with the Company after the termination
of Continuous Service that does not violate the Conditions, other than any obligations that are part of any separate agreement
between the Company and the Participant or that arise under Applicable Law.

 

If any provision within this
Section 6(g)(v) is determined to be unenforceable or invalid under any Applicable Law, such provision will be applied to the maximum
extent permitted by Applicable Law, and shall automatically be deemed amended in a manner consistent with its objectives and any
limitations required under Applicable Law.

 

This Section 6(g)(v) is supplemental
to, and does not supersede, any other agreement between the Participant and the Company or any of its Affiliates.

 

		(vi)	SHARE CERTIFICATES. All Shares or other securities delivered under the Plan pursuant to
any Award or the exercise thereof shall be subject to such stop transfer orders and other restrictions as the Committee may deem
advisable under the Plan or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock
exchange on which such Shares or other securities are then listed, and any applicable federal, state, or local securities laws,
and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions.

 

		(vii)	RECOUPMENT OF AWARDS. Unless otherwise specifically provided in an Award Agreement, and
to the extent permitted by Applicable Law, the Committee may in its sole and absolute discretion, without obtaining the approval
or consent of the Company’s stockholders or of any Participant, require that any Participant reimburse the Company for all
or any portion of any Awards granted under this Plan (“Reimbursement”), or the Committee may require
the Termination or Rescission of, or the Recapture relating to, any Award held by the Participant, if and to the extent—

 

		(A)	the granting, vesting, or payment of an Award was predicated upon the achievement of certain financial
results that were subsequently the subject of a material financial restatement;

 

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		(B)	in the Committee’s view the Participant either benefited from a calculation that later proves
to be materially inaccurate, or engaged in fraud or misconduct that caused or partially caused the need for a material financial
restatement by the Company or any Affiliate; or

 

		(C)	a lower granting, vesting, or payment of an Award would have occurred based on the conduct described
in the foregoing clauses (i) or (ii).

 

In each instance, the Committee
may, to the extent practicable and allowable or required under Applicable Laws, require Reimbursement, Termination or Rescission
of, or Recapture relating to, any such Award granted to a Participant; provided that the Committee will not seek Reimbursement,
Termination or Rescission of, or Recapture relating to, any such Awards that were paid or vested more than three years prior to
the first date of the applicable restatement period. Notwithstanding any other provision of the Plan, all Awards shall be subject
to Reimbursement, Termination, Rescission, and/or Recapture to the extent required by Applicable Law, including but not limited
to Section 10D of the Exchange Act.

 

SECTION
7.          AMENDMENT AND TERMINATION

 

The Plan shall terminate on the 10-year
anniversary of its approval by the Board, but no such termination shall affect any outstanding grants under the Plan. Except to
the extent prohibited by Applicable Law and unless otherwise expressly provided in an Award Agreement or in the Plan:

 

		(a)	AMENDMENTS TO THE PLAN. The Board may amend, alter, suspend, discontinue, or terminate the
Plan, in whole or in part; provided, however, that without the prior approval of the Company’s stockholders,
no material amendment shall be made if stockholder approval is required by Applicable Law; and provided, further,
that, notwithstanding any other provision of the Plan or any Award Agreement, no such amendment, alteration, suspension, discontinuation,
or termination shall be made without the approval of the stockholders of the Company that would:

 

		(i)	increase the total number of Shares available for Awards under the Plan, except as provided in
Section 4 hereof;

 

		(ii)	materially expand the class of Eligible Persons under the Plan, materially increase the benefits
accruing to Participants under the Plan, materially extend the term of the Plan with respect to Share-based Awards, or expand the
types of Share-based Awards available for issuance under the Plan; or

 

		(iii)	except as provided in Section 4(b), permit Options, Stock Appreciation Rights, or other Stock-Based
Awards encompassing rights to purchase Shares to be repriced, replaced, or regranted through cancellation, or by lowering the exercise
price of a previously granted Option or the grant price of a previously granted Stock Appreciation Right, or the purchase price
of a previously granted Other Stock-Based Award.

 

		(b)	AMENDMENTS TO AWARDS. The Committee may waive any conditions or rights under, amend any
terms of, or amend, alter, suspend, discontinue, or terminate, any Awards theretofore granted, prospectively or retroactively.
No such amendment or alteration shall be made which would impair the rights of any Participant, without such Participant’s
consent, under any Award theretofore granted, provided that no such consent shall be required with respect to any
amendment or alteration if the Committee determines in its sole discretion that such amendment or alteration either (i) is
required or advisable in order for the Company, the Plan or the Award to satisfy or conform to Applicable Law or to meet the requirements
of any accounting standard, or (ii) is not reasonably likely
to significantly diminish the benefits provided under such Award. Notwithstanding the foregoing, subject to the limitations of
Applicable Law, if any, and without the affected Participant’s consent, the Board may amend the terms of any one or more
Awards if necessary to maintain the qualified status of the Award as an ISO or to bring the Award into compliance with Section
409A of the Code.

 

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SECTION
8.         GENERAL PROVISIONS

 

		(a)	NO RIGHTS TO AWARDS. No Eligible Person, Participant or other Person shall have any claim
to be granted any Award under the Plan, or, having been selected to receive an Award under this Plan, to be selected to receive
a future Award, and further there is no obligation for uniformity of treatment of Eligible Persons, Participants, or holders or
beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to each recipient.

 

		(b)	WITHHOLDING. The Company or any Affiliate shall be authorized to withhold from any Award
granted or any payment due or transfer made under any Award or under the Plan the amount (in cash, Shares, other securities, or
other Awards) of withholding taxes due in respect of an Award, its exercise, or any payment or transfer under such Award or under
the Plan and to take such other action as may be necessary in the opinion of the Company or Affiliate to satisfy statutory withholding
obligations for the payment of such taxes. Notwithstanding any provision of this Plan or an Award Agreement to the contrary, Participants
are solely responsible and liable for the satisfaction of all taxes and penalties that may arise in connection with Awards, and
neither the Company, nor any Affiliate, nor any of their employees, directors, or agents, shall have any duty or obligation to
mitigate, minimize, indemnify, or to otherwise hold any Participant harmless from any or all of such tax consequences. The Company’s
obligation to deliver Shares (or to pay cash or other consideration) to Participants pursuant to Awards is at all times subject
to such Participant’s prior or coincident satisfaction of all withholding taxes.

 

		(c)	NO LIMIT ON OTHER COMPENSATION ARRANGEMENTS. Nothing contained in the Plan shall prevent
the Company or any Affiliate from adopting or continuing in effect other or additional compensation arrangements, and such arrangements
may be either generally applicable or applicable only in specific cases.

 

		(d)	NO RIGHT TO EMPLOYMENT. The grant of an Award shall not constitute an employment contract
nor be construed as giving a Participant the right to be retained in the employ of the Company or any Affiliate. Further, the Company
or an Affiliate may at any time dismiss a Participant from employment, free from any liability, or any claim under the Plan, unless
otherwise expressly provided in the Plan or in any Award Agreement.

 

		(e)	GOVERNING LAW. The validity, construction, and effect of the Plan and any rules and regulations
relating to the Plan shall be determined in accordance with the laws of the State of Delaware and applicable Federal law without
regard to conflict of law.

 

		(f)	SEVERABILITY. If any provision of the Plan or any Award is or becomes or is deemed to be
invalid, illegal, or unenforceable in any jurisdiction, or as to any Person or Award, or would disqualify the Plan or any Award
under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to Applicable
Law, or if it cannot be so construed or deemed amended without, in the determination of the Committee, materially altering the
intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person, or Award, and the remainder
of the Plan and any such Award shall remain in full force and effect.

 

		(g)	NO TRUST OR FUND CREATED. Neither the Plan nor any Award shall create or be construed to
create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Affiliate and a Participant or
any other Person. To the extent that any Person acquires a right to receive payments from the Company or any Affiliate pursuant
to an Award, such right shall be no greater than the right of any unsecured general creditor of the Company or any Affiliate.

 

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		(h)	NO FRACTIONAL SHARES. No fractional Shares shall be issued or delivered pursuant to the
Plan or any Award, and the Committee shall determine whether cash, or other securities shall be paid or transferred in lieu of
any fractional Shares, or whether such fractional Shares or any rights thereto shall be canceled, terminated, or otherwise eliminated.

 

		(i)	HEADINGS. Headings are given to the Sections and subsections of the Plan solely as a convenience
to facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation
of the Plan or any provision thereof.

 

		(j)	COMPLIANCE WITH THE CODE. Except to the extent specifically provided otherwise by the Committee,
Awards under the Plan are intended to satisfy the requirements of Section 409A of the Code so as to avoid the imposition of
any additional taxes or penalties under Section 409A of the Code. If the Committee determines that an Award, Award Agreement,
payment, distribution, deferral election, transaction or any other action or arrangement contemplated by the provisions of the
Plan would, if undertaken, cause a Participant to become subject to any additional taxes or other penalties under Section 409A
of the Code, or adverse tax consequences under another Code provision, then unless the Committee specifically provides otherwise,
such Award, Award Agreement, payment, distribution, deferral election, transaction or other action or arrangement shall not be
given effect to the extent it causes such result and the related provisions of the Plan and/or Award Agreement will be deemed modified,
or, if necessary, suspended in order to comply with the requirements of Section 409A of the Code or another Code provision
to the extent determined appropriate by the Committee, in each case without the consent of or notice to the Participant. Notwithstanding
the foregoing or any provision of the Plan or an Award Agreement to the contrary, Participants shall be solely responsible for
the satisfaction of any taxes or interest or other consequence, that may arise pursuant to Awards (including taxes arising under
Code Section 409A), and neither the Company nor the Committee nor anyone other than the Participant, his or her estate or
beneficiaries, shall have any obligation whatsoever to pay such taxes or interest or to otherwise indemnify or hold any Participant
harmless from any or all of such taxes.

 

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		(k)	CODE SECTIONS 280G AND 4999. Notwithstanding anything else contained in the Plan
or any other document to the contrary, in no event shall the vesting of any Award or payment be accelerated to an extent or in
a manner so that such Award or payment, together with any other compensation and benefits provided to, or for the benefit of, a
Participant under any other plan or agreement of the Company or its Affiliates, would not be fully deductible by the Company or
one of its Affiliates for U.S. federal income tax purposes because of Section 280G of the Code. If a holder of an Award would be
entitled to benefits or payments hereunder and under any other plan or program that would constitute “parachute payments”
as defined in Section 280G of the Code, then the Company shall reduce or eliminate such parachute payments in the following order
so that the Company or one of its Affiliates is not denied federal income tax deductions because of Section 280G of the Code: cash
severance benefits shall be reduced or eliminated first, then any accelerated vesting of Options shall be reduced or eliminated,
and finally any other benefits to which the Participant is or may be entitled shall be reduced or eliminated. Notwithstanding the
foregoing, if a Participant is a party to a written agreement with the Company or one of its Affiliates, or is a participant in
a severance program sponsored by the Company or one of its Affiliates that contains express provisions regarding Section 280G and/or
Section 4999 of the Code (or any similar successor provision), or the applicable Award Agreement includes such provisions, the
Section 280G and/or Section 4999 provisions of such other agreement or plan, as applicable, shall control as to the Awards held
by that Participant.

 

		(l)	NO REPRESENTATIONS OR COVENANTS WITH RESPECT TO TAX QUALIFICATION. Although the Company
may endeavor to (i) qualify an Award for favorable U.S. or foreign tax treatment or (ii) avoid adverse tax treatment,
the Company makes no representation to that effect and expressly disavows any covenant to maintain favorable or avoid unfavorable
tax treatment. The Company shall be unconstrained in its corporate activities without regard to the potential negative tax impact
on holders of Awards under the Plan.

 

		(m)	AWARDS TO NON-U.S. EMPLOYEES. The Committee shall have the power and authority to determine
which Affiliates shall be covered by this Plan and which employees outside the U.S. shall be eligible to participate in the
Plan. The Committee may adopt, amend or rescind rules, procedures or sub-plans relating to the operation and administration of
the Plan to accommodate the specific requirements of local laws, procedures, and practices. Without limiting the generality of
the foregoing, the Committee is specifically authorized to adopt rules, procedures and sub-plans with provisions that limit or
modify rights on death, Disability or Retirement or on termination of Continuous Service; available methods of exercise or settlement
of an Award; payment of income, social insurance contributions and payroll taxes; and the withholding procedures and handling of
any stock certificates or other indicia of ownership which vary with local requirements. The Committee may also adopt rules, procedures
or sub-plans applicable to particular Affiliates or locations.

 

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		(n)	DATA PRIVACY. As a condition of receipt of any Award, each Participant explicitly and unambiguously
consents to the collection, use, and transfer, in electronic or other form, of personal data as described in this section by and
among, as applicable, the Company and its Affiliates for the exclusive purpose of implementing, administering, and managing this
Plan and Awards and the Participant’s participation in this Plan. In furtherance of such implementation, administration,
and management, the Company and its Affiliates may hold certain personal information about a Participant with respect to one or
more Awards under the Plan, including, but not limited to, the Participant’s name, home address, telephone number, date of
birth, social security or insurance number or other identification number, salary, nationality, job title(s), information regarding
any securities of the Company or any of its Affiliates, and details of all Awards (the “Data”). In addition
to transferring the Data amongst themselves as necessary for the purpose of implementation, administration, and management of this
Plan and Awards and the Participant’s participation in this Plan, the Company and its Affiliates each may transfer the Data
to any third parties assisting the Company in the implementation, administration, and management of this Plan and Awards and the
Participant’s participation in this Plan. Recipients of the Data may be located in the Participant’s country or elsewhere,
and the Participant’s country and any given recipient’s country may have different data privacy laws and protections.
By accepting an Award, each Participant authorizes such recipients to receive, possess, use, retain, and transfer the Data, in
electronic or other form, for the purposes of assisting the Company in the implementation, administration, and management of this
Plan and Awards and the Participant’s participation in this Plan, including any requisite transfer of such Data as may be
required to a broker or other third party with whom the Company or the Participant may elect to deposit any Shares. A Participant
may, at any time, view the Data held by the Company with respect to such Participant, request additional information about the
storage and processing of the Data with respect to such Participant, recommend any necessary corrections to the Data with respect
to the Participant, or refuse or withdraw the consents herein in writing, in any case without cost, by contacting such Participant’s
local human resources representative. The Company may cancel the Participant’s eligibility to participate in this Plan, and
in the Committee’s discretion, the Participant may forfeit any outstanding Awards if the Participant refuses or withdraws
the consents described herein. For more information on the consequences of refusal to consent or withdrawal of consent, Participants
may contact their local human resources representative.

 

		(o)	NO DUTY TO NOTIFY. The Company shall have no duty or obligation to any Participant to advise
such holder as to the time or manner of exercising an Award. Furthermore, the Company shall have no duty or obligation to warn
or otherwise advise such holder of a pending termination or expiration of an Award or a possible period in which the Award may
not be exercised.

 

Notwithstanding the foregoing to
the contrary, the Company shall take reasonable steps to notify Participants holding then outstanding Awards (which would be vested
as of the date of the Change in Control) regarding the occurrence of a Change in Control; provided, further, that if pursuant to
the Change in Control outstanding vested Awards shall be cancelled for no consideration, such notice shall be provided at least
five (5) business days prior to the occurrence of the Change in Control (or such shorter period as the Committee may determine
is reasonable in its sole discretion taking into account the potential need for confidentiality with respect to a Change in Control).
For purposes of the foregoing, the Company providing notice via e-mail to (i) a Participant’s Company email address for Participants
who are then in Continuous Service, or (ii) the personal email address in the Company’s personnel records for a Participant
no longer in Continuous Service shall be deemed to be reasonable steps to notify a Participant on the part of the Company.

 

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		(p)	NO STOCKHOLDER RIGHTS. Neither a Participant nor any transferee or Beneficiary of a Participant
shall have any rights or status as a stockholder of the Company with respect to any Shares underlying any Award until the date
of issuance of a stock certificate to such Participant, transferee, or Beneficiary for such Shares in accordance with the Company’s
governing instruments and Applicable Law, and if Shares are not certificated, the date the Company’s records are updated
to reflect the Participant’s (or transferee’s or Beneficiary’s) status as a stockholder with respect to the Shares
in accordance with the Company’s governing instruments and Applicable Law. Prior to the issuance of Shares or Restricted
Shares pursuant to an Award, a Participant shall not have the right to vote or to receive dividends or any other rights as a stockholder
with respect to the Shares underlying the Award (unless otherwise provided in the Award Agreement for Restricted Shares), notwithstanding
its exercise in the case of Options and Stock Appreciation Rights. No adjustment will be made for a dividend or other right that
is determined based on a record date prior to the date the share certificate is issued, except as otherwise specifically provided
for in this Plan or an Award Agreement.

 

		(q)	COMPLIANCE WITH LAWS. The granting of Awards and the issuance of Shares under the Plan shall
be subject to all Applicable Law. The Company shall have no obligation to issue or deliver evidence of title for Shares issued
under the Plan prior to:

 

		(i)	obtaining any approvals from governmental agencies that the Company determines are necessary or
advisable; and

 

		(ii)	completion of any registration or other qualification of the Shares under any applicable national
or foreign law or ruling of any governmental body that the Company determines to be necessary or advisable or at a time when any
such registration or qualification is not current, has been suspended or otherwise has ceased to be effective.

 

The inability or impracticability of the
Company to obtain or maintain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s
counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in
respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. Notwithstanding
anything to the contrary herein or in any Award Agreement, the Committee shall have the absolute discretion to impose a “blackout”
period on the exercise of any Option or Stock Appreciation Right, as well as the settlement of any Award, with respect to any or
all Participants to the extent the Committee determines that doing so is desirable or required to comply with applicable securities
laws.

 

SECTION
9.          EFFECTIVE DATE OF THE PLAN

 

The Plan shall be effective as of the date
of its approval by the stockholders of the Company.

 

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