Document:

Amended and Restated Management Services Agreement

 Exhibit 10.11 
 AMENDED AND RESTATED MANAGEMENT SERVICES AGREEMENT 
 This Amended and
Restated Management Services Agreement (the “Agreement”) is entered into as of January 1, 2012, by and among, Northern Tier Energy, LLC, a Delaware limited liability company (together with its direct and indirect subsidiaries
and any successor, the “Company”), TPG VI Management, LLC (“TPG”) and ACON Funds Management L.L.C (“ACON”, and together with TPG, the “Managers”). 

WHEREAS, TPG Capital Management, L.P. (formerly known as TPG Capital, L.P.) (“TCM”), ACON and the Company entered into
that certain Management Services Agreement, dated as of December 1, 2010 and subsequently amended as of December 31, 2010 (as amended, the “Original Management Services Agreement”), pursuant to which the Company retained
TCM and ACON to provide certain management and advisory services to the Company; 
 WHEREAS, pursuant to Section 9 of the
Original Management Services Agreement, TCM has assigned all of its rights and obligations under the Original Management Services Agreement to TPG, its affiliate, as of the date hereof (the “Assignment”); and 

WHEREAS, TPG, ACON and the Company desire to amend and restate the Original Management Services Agreement to reflect the Assignment.

 NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto, intending to be legally bound,
hereby agree as follows: 
 1. Services. Each Manager hereby agrees that, during the term of this Agreement (the
“Term”), it will provide to the Company, to the extent appropriate and requested by the Company, by and through itself and/or its successors, assigns, affiliates, officers, employees and/or representatives and third parties
(collectively hereinafter referred to as the “Manager Designees”), as the Managers in their sole discretion may designate from time to time, management, advisory and consulting services in relation to the affairs of the Company,
including, without limitation: 
 (a) advice in connection with the negotiation of agreements and other documents and the
consummation of transactions contemplated thereby necessary to secure financing arrangements for the benefit of the Company on terms and conditions satisfactory to the Company; 
 (b) advice in connection with acquisition, disposition and change of control transactions involving the Company; 
 (c) financial, managerial and operational advice in connection with day-to-day operations, including, without limitation, advice with respect to the development and implementation of strategies for
improving the operating, marketing and financial performance of the Company; and 

 (d) such other services (which may include, but shall not be limited to, financial,
strategic planning and analysis, consulting, human resources and executive recruitment services) as the Managers and the Company may from time to time agree in writing. 
 The Managers or the Manager Designees will devote such time and efforts to the performance of the services contemplated hereby as the Managers deem reasonably necessary or appropriate; provided,
however, that no minimum number of hours is required to be devoted by the Managers or the Manager Designees on a weekly, monthly, annual or other basis. The Company acknowledges that none of the services to be provided by the Managers are
exclusive to the Company and that the Managers and the Manager Designees may render similar services to other persons and entities. The Managers and the Company understand that the Company may at times engage one or more investment bankers or
financial advisers to provide services in addition to, but not in lieu of, services provided by the Managers and the Manager Designees under this Agreement. In providing services to the Company, the Managers and Manager Designees will act as
independent contractors and it is expressly understood and agreed that this Agreement is not intended to create, and does not create, any partnership, agency, joint venture or similar relationship and that no party has the right or ability to
contract for or on behalf of any other party or to effect any transaction for the account of any other party. 
 2. Payment
of Fees. 
 (a) Upon execution of the Original Management Services Agreement, the Company paid TCM and ACON (or their
designated affiliates) an aggregate transaction fee equal to $12,500,000 (twelve million, five hundred thousand dollars) (the “Transaction Fee”), of which $7,500,000 (seven million, five hundred thousand dollars) was paid to ACON
(or its designated affiliate) and $5,000,000 (five million dollars) was paid to TCM (or its designated affiliate). 
 (b) During
the Term, the Company, will pay to the Managers (or their designated affiliates), in each case as compensation for the services provided by the Managers or the Manager Designees under this Agreement, the following management fees (collectively, the
“Management Fees”): (i) $500,000 (five hundred thousand dollars) per fiscal quarter (the “Minimum Fee”), payable in advance on the first day of each calendar quarter and (ii) an amount, which shall never
be less than zero, equal to (x) 1% (one percent) of the Company’s Adjusted EBITDA for the immediately preceding fiscal quarter minus (y) the Minimum Fee for such quarter (the “Percentage Fee”). The Management Fees
shall be divided equally between ACON and TPG. The Percentage Fee shall be payable by the Company as soon as practicable following the determination of Adjusted EBITDA for the immediately preceding calendar quarter. “Adjusted
EBITDA” means the earnings before interest, taxes, depreciation and amortization of the Company and its consolidated subsidiaries (excluding nonrecurring gains and losses) set forth on the Company’s statement of earnings with
additional adjustments as the Managers may mutually agree. The Management Fees shall be payable in full for any calendar quarter during which this Agreement was in effect for any portion thereof and shall not be refundable in whole or in part.

 (c) During the Term, the Managers or the Manager Designees may advise the Company in connection with financing, acquisition,
disposition and change of control 

  
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transactions involving the Company (however structured), and the Company will pay to the Managers (or their designated affiliates) an aggregate fee (the “Subsequent Fee”) in
connection with each such transaction as mutually agreed among the Managers and the Company, such fee to be due and payable for the foregoing services at the closing of such transaction. 

(d) The parties hereto acknowledge and agree that an objective of the Company is to maximize value for its direct and indirect equity
holders, which may include the consummation of an initial registered public offering of the equity securities or equity interests of the Company or its successors (an “IPO”) or the sale of the Company or its successors (through
merger or otherwise) or a sale of all or substantially all of the assets of the Company or its successors (any such sale transaction, a “Sale”). The services provided to the Company by the Managers and the Manager Designees will
help to facilitate the consummation of an IPO or Sale should the Company determine to pursue such a transaction. In the event an IPO or Sale is consummated, the Company will pay to the Managers (or their designated affiliates) in cash on the date of
consummation of such IPO or Sale (in lieu of any Subsequent Fee) an aggregate success fee (the “Success Fee”) in an amount equal to the Management Fees in respect of the most recent four consecutive calendar quarters multiplied by
three (3). The Success Fee shall be divided equally between ACON and TPG. 
 (e) Each payment made pursuant to this
Section 2 shall be paid by wire transfer of immediately available federal funds to the accounts specified to the Company by the respective Managers in writing prior to such payment. In the event of an IPO or Sale that includes non-cash
consideration, each Manager may elect for it or its designee to receive all or any portion of its respective fee in the form of such non-cash consideration, valued at the sale price. Except as otherwise provided in Sections 2(a), 2(b) and 2(d), each
payment made pursuant to this Section 2 shall be paid to each Manager (or its designee) pro rata in proportion to the amount of equity securities owned by such Manager and by investment funds affiliated with such Manager, directly or
indirectly, at the time such payment is due. 
 3. Deferral. Any fee that would have been payable to the Managers (or
their designees) pursuant to Section 2 above absent the restrictions, if any, in any financing or similar agreements (the “Financing Documents”) applicable to the Company (the “Deferred Fees”) will accrue upon
the immediately succeeding period in which such amounts could, consistent with the Financing Documents, be paid, and will be paid in such succeeding period (in addition to such other amounts that would otherwise be payable at such time) in the
manner set forth in Section 2. 
 4. Term. This Agreement will continue in full force and effect unless terminated
by the Managers; provided, that the termination of this Agreement will not relieve a party from liability for any breach of this Agreement on or prior to such termination. In the event of a termination of this Agreement, the Company will pay
the Managers (or their respective designees) all unpaid Transaction Fees (pursuant to Section 2(a) above), Management Fees (pursuant to Section 2(b) above), Subsequent Fees (pursuant to Section 2(c) above), Success Fees (pursuant to
Section 2(d) above), Deferred Fees (pursuant to Section 3 above) and expenses (pursuant to Section 5(a) below) due with respect to periods prior to the date of termination. This Section 4 and Section 5, Section 6,
Section 9, Section 10, Section 11 and Section 12 and Section 13 will survive termination of this Agreement. 

  
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 5. Expenses; Indemnification. 

(a) Expenses. The Company, will pay to each Manager (or its designees) on demand all Reimbursable Expenses incurred by such Manager
(or its designees), “Reimbursable Expenses” means (i) all out-of-pocket expenses incurred prior to or following the consummation of the transactions contemplated by the Formation Agreement, dated as of October 6, 2010 by
and among Northern Tier Investors LLC, a Delaware limited liability company and holder of all outstanding common membership interests in the Company, Marathon Petroleum Company LP, a Delaware limited partnership and holder of all outstanding
preferred membership interests in the Company and Speedway SuperAmerica LLC, a Delaware limited liability company (the “Transaction”) in respect of the services provided by the Managers, their respective affiliates, or the Manager
Designees to the Company or any of its affiliates (other than to portfolio companies of either Manager or such Manager’s affiliated investment vehicles) from time to time, provided, however, that reimbursement for expenses incurred by ACON and
its affiliates in connection with its efforts with NTR Partners LLC (“NTR”) prior to the negotiation of the letter of intent to identify and develop the opportunities that culminated in the Transaction shall not be greater than
$2,000,000 (two million dollars) and shall be limited to reasonable documented expenses (including, but not limited to, consulting fees and any other fees payable to third parties, ACON or its affiliates), (ii) all out-of-pocket legal expenses
incurred by the Managers, their respective affiliates or the Manager Designees in connection with the enforcement of rights or taking of actions under this Agreement, the Formation Agreement or any related documents or instruments, whether incurred
prior to or following the date of this Agreement; and (iii) all expenses incurred by the Managers, their respective affiliates or the Manager Designees that are properly allocable to the Company under this Agreement, whether incurred prior to
or following the date of this Agreement. 
 (b) Indemnity and Liability. The Company will indemnify, exonerate and hold
the Managers, the Manager Designees and each of their respective partners, shareholders, members, affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling persons, employees and agents and each of the
partners, shareholders, members, affiliates, associated investment funds, directors, officers, fiduciaries, managers, controlling persons, employees and agents of each of the foregoing (collectively, the “Indemnitees”) free and
harmless from and against any and all actions, causes of action, suits, claims, liabilities, losses, damages and costs and out-of-pocket expenses in connection therewith (including attorneys’ fees and expenses) incurred by the Indemnitees or
any of them before or after the date of this Agreement (collectively, the “Indemnified Liabilities”), arising out of any action, cause of action, suit, arbitration, investigation or claim arising out of, or in any way relating to
(i) this Agreement, the Formation Agreement, any transaction to which the Company is a party or any other circumstances with respect to the Company or (ii) operations of, or services provided by the Managers or the Manager Designees to,
the Company, or any of its affiliates (other than to portfolio companies of either Manager or such Manager’s affiliated investment vehicles) from time to time (including but not limited to any Indemnitee to or on behalf of the Company, or any
of its accountants or other representatives, agents or affiliates); provided that the foregoing indemnification rights will not be available to the extent that any such Indemnified Liabilities arose on account of such Indemnitee’s gross
negligence or willful misconduct; and provided, further, that if and to the extent that the foregoing undertaking may be unavailable or unenforceable for any reason, the Company hereby agrees to make the maximum contribution to

  
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the payment and satisfaction of each of the Indemnified Liabilities which is permissible under applicable law. For purposes of this Section 5(b), none of the circumstances described in the
limitations contained in the two provisos in the immediately preceding sentence will be deemed to apply absent a final non-appealable judgment of a court of competent jurisdiction to such effect, in which case to the extent any such limitation is so
determined to apply to any Indemnitee as to any previously advanced indemnity payments made by the Company, then such payments will be promptly repaid by such Indemnitee to the Company without interest. The rights of any Indemnitee to
indemnification hereunder will be in addition to any other rights any such person may have under any other agreement or instrument referenced above or any other agreement or instrument to which such Indemnitee is or becomes a party or is or
otherwise becomes a beneficiary or under law or regulation. 
 6. Disclaimer and Limitation of Liability; Opportunities.

 (a) Disclaimer; Standard of Care. Neither of the Managers nor any Manager Designee makes any representations or
warranties, express or implied, in respect of the services to be provided by the Managers or the Manager Designees hereunder. In no event will the Managers, the Manager Designees or Indemnitees be liable to the Company or any of its affiliates for
any act, alleged act, omission or alleged omission that does not constitute gross negligence or willful misconduct of the Managers, the Manager Designees or Indemnitees as determined by a final, non-appealable determination of a court of competent
jurisdiction. 
 (b) Freedom to Pursue Opportunities. The Managers, the Manager Designees and their respective Indemnitees
will have the right: (i) to directly or indirectly engage in any business, (ii) to directly or indirectly do business with any client or customer of the Company and its subsidiaries, (iii) to take any other action that a Manager or a
Manager Designee believes in good faith is necessary to or appropriate to fulfill its obligations, and (iv) except as set forth in Section 11.01 of the Amended and Restated Limited Liability Company Operating Agreement of NT GenPar LLC,
dated as of December 1, 2010, not to present potential transactions, matters or business opportunities to the Company or any of its subsidiaries, and to pursue, directly or indirectly, any such opportunity for itself, and to direct any such
opportunity to another Person. 
 (c) Limitation of Liability. In no event will a Manager, a Manager Designee or any of
their respective Indemnitees be liable to the Company or any of its affiliates for any punitive, exemplary, indirect, special, incidental or consequential damages, including, without limitation, lost profits or savings, whether or not such damages
are foreseeable, or for any third party claims (whether based in contract, tort or otherwise), relating to the services to be provided by a Manager or a Manager Designee hereunder. 

7. Amendments and Waivers. No amendment or waiver of any term, provision or condition of this Agreement will be effective, unless
in writing and executed by the Managers and the Company; provided, that any Manager may waive any portion of any fee to which it is entitled pursuant to this Agreement, and, unless otherwise directed by the Manager, such waived portion will
revert to the Company. No amendment, modification, supplement, discharge, or waiver hereof or hereunder shall require the consent of any person not a party to this Agreement. No waiver of any provision hereof shall be deemed a waiver of any other
provision nor shall any such waiver by any party be deemed a continuing waiver of any matter. Except as otherwise 

  
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expressly provided herein, no failure on the part of any party to exercise, and no delay in exercising, any right, power or remedy hereunder, or otherwise available in respect hereof at law or in
equity, shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such party preclude any other or further exercise thereof, or the exercise of any other right, power or remedy. 

8. Notice. All notices, demands, and communications required or permitted under this Agreement will be in writing and will be
effective if served upon such other party and such other party’s copied persons as specified below to the address set forth for it below (or to such other address as such party will have specified by notice to each other party) if
(i) delivered personally, (ii) sent and received by facsimile, (iii) sent by electronic mail or (iv) sent by certified or registered mail or by Federal Express, DHL, UPS or any other comparably reputable overnight courier
service, postage prepaid, to the appropriate address as follows: 
 If to the Company, to: 

Northern Tier Energy LLC 
 c/o Acon Investments LLC 
 1133 Connecticut Avenue, NW, Suite 700 

Washington, DC 20036 
 Attention: Andre Bhatia 
 Telephone: 202.454.1118 

Fax: 202.454.1101 

If to TPG, to: 

TPG VI Management, LLC 
 301 Commerce Street, Suite 3300 
 Forth Worth, Texas 76102 

Attention: General Counsel 
 Telephone: 817.871.4000 
 Fax: 817.871.4001 

with a copy (which will not constitute notice) to: 
 Vinson & Elkins LLP 
 First City Tower 

1001 Fannin Street, Suite 2500 
 Houston, TX 77002-6760 
 Attn: Keith R. Fullenweider 

Telephone: 713.758.2222 
 Fax: 713.615.5085 
 If to ACON to: 

Acon Funds Management L.L.C. 
 c/o Acon Investments LLC 
 1133 Connecticut Avenue, NW, Suite 700 

  
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 Washington, DC 20036 

Attention: Barry Johnson, Chief Financial Officer 
 Telephone: 202.454.1135 
 Fax: 202.605.0065 

with a copy (which will not constitute notice) to: 
 Cleary Gottlieb Steen & Hamilton LLP 
 One Liberty Plaza 

New York, NY 10006 
 Attention: Benet O’Reilly 
 Telephone: 212.225.2000 

Fax: 212.225.3999 

Unless otherwise specified herein, such notices or other communications will be deemed effective, (a) on the date received, if
personally delivered or sent by facsimile or electronic mail during normal business hours, (b) on the business day after being received if sent by facsimile or electronic mail other than during normal business hours, (c) one business day
after being sent by Federal Express or UPS or other comparably reputable delivery service and (d) five business days after being sent by registered or certified mail. Each of the parties hereto will be entitled to specify a different address by
giving notice as aforesaid to each of the other parties hereto. 
 9. Assignment. Except as provided below, none of the
parties hereto will have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) each Manager may assign all or part of its rights and obligations hereunder to any of
its respective affiliates that provides services similar to those called for by this Agreement, in which event such Manager will no longer be entitled to any fees under Section 2 and reimbursement of expenses under Section 5(a) and will be
released of all of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers will inure to the benefit of such Indemnitees and their successors and assigns and each of such Indemnitees shall be third
party beneficiaries entitled to enforce such provisions against the Company. 
 10. Governing Law; Jurisdiction. THIS
AGREEMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW PRINCIPLES THEREOF. ANY ACTION OR PROCEEDING AGAINST THE PARTIES RELATING IN ANY WAY TO THIS AGREEMENT MAY BE
BROUGHT AND ENFORCED EXCLUSIVELY IN THE COURTS OF THE STATE OF NEW YORK OR (TO THE EXTENT SUBJECT MATTER JURISDICTION EXISTS THEREFOR) THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK SITTING IN MANHATTAN, AND THE PARTIES
IRREVOCABLY SUBMIT TO THE JURISDICTION OF BOTH SUCH COURTS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING. 

  
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 11. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY. EACH OF THE
PARTIES HEREBY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 11. 

12. Entire Agreement. This Agreement contains the entire understanding of the parties with respect to the subject matter hereof
and supersedes any prior communication or agreement with respect thereto. 
 13. Severability. If in any proceedings a
court will refuse to enforce any provision of this Agreement, then such unenforceable provision will be deemed eliminated from this Agreement for the purpose of such proceedings to the extent necessary to permit the remaining provisions to be
enforced. To the full extent, however, that the provisions of any applicable law may be waived, they are hereby waived to the end that this Agreement be deemed to be valid and binding agreement enforceable in accordance with its terms, and in the
event that any provision hereof will be found to be invalid or unenforceable, such provision will be construed by limiting it so as to be valid and enforceable to the maximum extent consistent with and possible under applicable law. 

14. Counterparts. This Agreement may be executed in any number of counterparts and by each of the parties hereto in separate
counterparts, each of which when so executed will be deemed to be an original and all of which together will constitute one and the same agreement. 
 15. Binding Effect. Except as otherwise provided in this Agreement to the contrary, this Agreement shall be binding upon and inure to the benefit of each of the parties hereto, their distributees,
heirs, legal representatives, executors, administrators, successors and permitted assigns. 
 16. Headings. The heading
references herein and in the table of contents hereto are for convenience purposes only, do not constitute a part of this Agreement and shall not be deemed to limit or affect any of the provisions hereof. 

17. Publicity and Confidentiality. Each of the parties hereto shall keep confidential this Agreement and the transactions
contemplated herein and shall not disclose, issue any press release or otherwise make any public statement relating hereto or thereto without the prior written consent of each of the Managers, unless so required by applicable law or any governmental
authority; provided that no such written consent shall be required (and each Manager shall be free to disclose such information) for disclosures to each Manager’s partners, members, advisors, employees, agents, accountants or attorneys,
so long as such persons agree to keep such information confidential on terms substantially identical to the terms contained in this Section 17. 

  
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 IN WITNESS WHEREOF, each of the parties has duly executed this Agreement as of the date
first above written. 
 [Signature Pages to Follow] 

  
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	 NORTHERN TIER ENERGY LLC

		
	 By:
	 	 /s/ Peter T. Gelfman

		 	 Name: Peter T. Gelfman

		 	 Title: Vice President, General Counsel and Secretary

	
	 TPG VI MANAGEMENT, LLC

		
	 By:
	 	 /s/ Ronald Cami

		 	 Name: Ronald Cami

		 	 Title: Vice President

	
	 ACON FUNDS MANAGEMENT L.L.C.

		
	 By:
	 	 /s/ Jonathan Ginns

		 	 Name: Jonathan Ginns

		 	 Title: Managing Member

  
 10EFI 2012 Section 16 Officer - Executive Performance Bonus Program

 Exhibit 10.1 

 
 

 
 EFI 2012 Section 16 Officer – Executive Performance Bonus Program 

We are pleased to offer you participation in the EFI 2012 Executive Performance Bonus Program (the “Program”) on the terms set forth
below. 
 Each participant (the “Participant”) in the Program will, provided that the Participant remains employed by EFI
through the date of grant of such awards, be granted an award of restricted stock units that is subject to vesting requirements based on the performance of Electronics For Imaging, Inc. (“EFI” or the “Company”) for
2012 and the Participant’s continued employment as set forth below. In addition, each Participant has an opportunity to earn a cash accelerator bonus based upon the performance of the Company for 2012 and the Participant’s continued
employment as set forth below. 
 Performance Equity Bonus Terms 

 

	 	•	 	 Per the approval by the Company’s Compensation Committee (the “Compensation Committee”) and subject to your continued employment
with the Company through the date of grant, you will be granted two performance-based restricted stock unit (“RSU”) awards with respect to the Program. The first RSU award will be subject to vesting based on the Company’s
non-GAAP operating income (also referred to as “operating earnings”) for 2012 and your continued employment as set forth below (“Operating Income RSUs”). The second RSU award will be eligible to vest based on the
Company’s revenue for 2012 and your continued employment as set forth below (“Revenue RSUs”). In addition, no portion of the Revenue RSUs will vest if the RSU threshold operating income goal isn’t achieved for 2012.

  

	 	•	 	 The total number of RSUs that you will be granted will equal your “Equity Bonus Eligibility” amount (expressed in U.S. Dollars) set forth
below, divided by the closing price of EFI’s common stock on February 1, 2012. Fifty percent (50%) of your total RSUs will be Operating Income RSUs and fifty percent (50%) of your total RSUs will be Revenue RSUs, in each case
rounded down to the nearest whole share. 

  

	 	•	 	 The RSUs will be granted under and will be subject to the terms and conditions of EFI’s 2009 Equity Incentive Award Plan, as amended (the
“2009 Equity Plan”) and the Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement used by EFI to evidence RSU awards granted under the 2009 Equity Plan, except as otherwise expressly set forth herein. Each RSU
Award will have a grant date that is the grant date that the Compensation Committee approves for such award (the “Grant Date”). The RSU awards are also subject to the individual and other share limits of the 2009 Plan.

  

	 	•	 	 The Compensation Committee will meet during the first quarter of 2013 (and in all events not later than March 10, 2013) to determine whether (and
the extent to which) the performance conditions applicable to the RSUs were achieved for 2012 (the date on which the Compensation Committee makes such determination is referred to as the “Determination Date”). Subject to your
continued employment by the Company through the applicable vesting date, if the Compensation Committee determines that the applicable performance condition related to the RSUs was achieved for 2012, the related RSUs will vest (the “Vesting
Date”) on the later of (1) the first anniversary of the Grant Date or (2) the Determination Date; provided that the Vesting Date will not occur later than March 10, 2013 and payment of any vested RSUs will be made by
March 15, 2013. In the event any performance condition applicable to an RSU isn’t satisfied, the RSU will be deemed to have been forfeited. 

 Performance Cash Accelerator Bonus Terms 
  

	 	•	 	 Your “target” cash accelerator bonus opportunity for 2012 is set forth below. 

 

	 	•	 	 Subject to approval by the Compensation Committee and further subject to your continued employment by the Company through the Vesting Date applicable
to your RSU awards referred to above, your cash accelerator bonus for 2012 will be based on your target cash accelerator bonus opportunity and the Company’s performance for 2012 against non-GAAP operating income and revenue goals as set forth
below. In addition, in no event will you be entitled to any cash accelerator bonus for 2012 if both the Cash Accelerator Bonus threshold operating income and the Cash Accelerator Bonus threshold revenue for the Company are not achieved for
2012, as set forth below. 

	 	•	 	 On the Determination Date referred to above, the Compensation Committee will also determine whether (and the extent to which) the performance
conditions applicable to your cash accelerator bonus opportunity were achieved for 2012. Any cash accelerator bonus payment due to you for 2012 will be paid promptly after the Vesting Date of your RSU awards granted with respect to this Program, and
in all events by March 15, 2013. Payment will be subject to applicable tax withholding. 

 Performance Targets and
Equity and Cash Accelerator Target Bonus 
 Your Equity Bonus Eligibility amount and Target Cash Bonus Opportunity are set forth below.

 Equity Bonus Eligibility: [$] 

Target Cash Bonus Opportunity: [$] 
 The
performance goals applicable to your RSUs and cash bonus opportunity are set forth below. In no event will any portion of your RSUs vest unless the RSU threshold level of operating income set forth below is achieved by the Company in 2012. In no
event will you be entitled to any portion of your cash accelerator bonus opportunity unless both the cash accelerator bonus threshold level of revenue and the cash accelerator bonus threshold level of operating income set forth below
are achieved by the Company in 2012. 
  

									
	 Performance Metric
	  	RSU
Threshold	  	RSU Target	  	Cash Accelerator
Threshold	  	Cash Accelerator
Target
	 Revenue (millions)
	  		  		  		  	
	 Non-GAAP Operating Income (millions)
	  		  		  		  	

 If the RSU threshold levels are satisfied, the number of Revenue RSUs that will vest will be determined on a pro-rata
basis based on the Company’s actual revenue for 2012 between the RSU threshold revenue level set forth above and the RSU target revenue level set forth above (with no portion vesting at the threshold level, 50% vesting at the midpoint between
the threshold level and the target and 100% vesting at the target level). If the RSU operating income threshold level is satisfied (regardless of whether the RSU revenue threshold level is satisfied), the number of Operating Income RSUs that will
vest will be determined on a pro-rata basis based on the Company’s actual operating income for 2012 between the RSU threshold operating income level and the RSU target operating income level set forth above (with no portion vesting at the
threshold level, 50% vesting at the midpoint between the threshold level and the target and 100% vesting at the target level). If both cash bonus threshold levels are satisfied, the amount of your cash accelerator bonus will be determined 50% (50%
of your target cash accelerator bonus amount) on a pro-rata basis based on the Company’s actual revenue for 2012 between the cash accelerator bonus threshold revenue level and the cash accelerator bonus target revenue level set forth above
(with no portion paid at the threshold level, 50% of such 50% portion of your cash accelerator bonus opportunity paid at the midpoint between the threshold level and the target and 100% of such 50% portion of your cash accelerator bonus opportunity
paid at the target level) and 50% (50% of your target cash accelerator bonus amount) on a pro-rata basis based on the Company’s actual operating income for 2012 between the cash accelerator bonus threshold operating income level set forth above
and the cash accelerator bonus target operating income level set forth above (with no portion paid at the threshold level, 50% of such 50% portion of your cash accelerator bonus opportunity paid at the midpoint between the threshold level and the
target and 100% of such 50% portion of your cash accelerator bonus opportunity paid at the target level). In addition, the Committee has the discretion to decrease (but not increase) the amount of the cash accelerator bonus (if any) payable related
to revenue in the event that such revenue is not, in the Committee’s judgment, delivering appropriate levels of profitability. In each case, vesting remains subject to the continued employment requirements. 

Non-GAAP Operating Income – is defined as operating income determined in accordance with GAAP, as adjusted to remove the impact of certain
recurring and non-recurring expenses and the tax effect of these adjustments. 
 Maximum Award – In no event shall any RSU award
vest with respect to more than 100% of the RSUs subject to such award. In no event will more than 100% of your target cash accelerator bonus become payable. 
 Adjustments – The Committee shall, to the extent it determines appropriate in order to preserve the intended incentives, adjust the performance thresholds and targets set forth above to
mitigate the unbudgeted impact of material, unusual or nonrecurring gains and losses, the financial statement impact of changes in capital structure, mergers, acquisitions, dispositions, and similar transactions, and changes in applicable accounting
rules. 

 Other Terms 
 Termination of Employment 
 Except as may otherwise be expressly provided below, in the
applicable Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement (as to RSUs), or your written employment agreement (if any) with the Company, you will have no right to any cash accelerator bonus for 2012 and no right to any
payment with respect to your RSUs (and your RSUs will automatically and immediately terminate) should you cease to be employed by the Company or one of its subsidiaries before the Vesting Date set forth above (regardless of the reason for such
termination of employment). 
 Notwithstanding anything to the contrary in the applicable Restricted Stock Unit Award Notice and Restricted
Stock Unit Award Agreement or your written employment agreement (if any) with the Company, if you are involuntarily terminated Without Cause or are terminated for Good Reason outside of a Change of Control (as these terms are defined in the
applicable employment agreement), you will be eligible for (i) pro-rata vesting of your RSUs related to this Program and (ii) a pro-rata payment of your 2012 cash accelerator bonus. The pro-rata RSU vesting and pro-rata bonus will be
determined with respect to the number of RSUs that would have vested and amount of cash accelerator bonus that would have been payable under this Program, respectively, had your employment continued through the Vesting Date, in each case multiplied
by a fraction (x) the numerator of which is the number of whole months you were employed by the Company during 2012, and (y) the denominator of which is twelve. Payment of such pro-rata amounts will be made at the same time that payment
would have been made had you continued to be employed. In the event that you are entitled to a pro-rata payment of your RSUs, payment will be made in cash (as opposed to shares or other property) with the cash payment in respect of a vested RSU to
equal (subject to applicable tax withholding) to the closing price of a share of EFI common stock on the Determination Date. 
 With respect to
any RSUs granted under this Program, in the event of any conflict between your employment agreement and the provisions regarding acceleration of performance equity outside of a Change of Control and this Program, this Program shall control.

 No Right to Continued Employment 
 Nothing contained in this Program, the RSUs, or any related document constitutes an employment or service commitment by the Company (or any affiliate), affects your status (if you are employed at will) as
an employee at will who is subject to termination at any time and for any reason, confers upon you any right to remain employed by or in service to the Company (or any affiliate), or interferes in any way with the right of the Company (or any
affiliate) to terminate your employment or to change your compensation or other terms of employment at any time. 
 Administration

 The Compensation Committee will administer this Program. The Compensation Committee has the authority to construe and interpret this
Program and any agreement or other document relating to this Program. All actions taken and all interpretations and determinations made by the Compensation Committee in respect of such documents and matters shall be conclusive and binding on all
persons and shall be given the maximum deference permitted by law. 
 Amendment 
 This Program may not be amended other than in writing signed by an authorized officer of the Company, upon approval of the Compensation Committee, as required. 

Clawback Policy 
 This Program, the RSU
Awards, any securities or other consideration you may receive in payment of or with respect to the RSU Awards, as well as any cash bonus or bonus opportunity under this Program, is subject to the terms of the EFI recoupment, clawback or similar
policy as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of your bonus, awards or any shares of stock or other cash or property
received with respect to your bonus or awards (including any value received from a disposition of any shares of stock you may receive in payment of the RSU Awards). 

 Construction 
 The RSU Awards and cash accelerator bonus contemplated above are intended as qualified performance-based compensation within the meaning of Section 162(m) of the Internal Revenue Code. This Program,
the RSU Awards, and the cash bonus opportunities contemplated above are also intended to satisfy, and not be subject to any tax, penalty or interest under, Section 409A of the Internal Revenue Code. These arrangements shall be construed in
accordance with such intents. 
 I have read and understand the terms of this Program and the documents referred to herein and agree to
abide by these terms and the terms of such other documents. 
  

					
	  
	  	  
	  	
	[Participant Name]	  	[Date]

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