Document:

Stock Option Award Agreement, dated May 31, 2012

 Exhibit 10.39 
 QUINTILES TRANSNATIONAL HOLDINGS INC. 
 2008 STOCK INCENTIVE PLAN 

AWARD AGREEMENT 

(Awarding Nonqualified Stock Option) 
 THIS AWARD AGREEMENT (this “Agreement”) is made by and between Quintiles Transnational Holdings Inc., a North Carolina corporation (the “Company”), and Thomas Pike (the
“Optionee”) pursuant to the provisions of the Quintiles Transnational Holdings Inc. 2008 Stock Incentive Plan (the “Plan”) and the Optionee’s Executive Employment Agreement, effective April 30, 2012 (the “Executive
Employment Agreement”), which is incorporated herein by reference. Capitalized terms not defined in this Agreement shall have the meanings given to them in the Plan. 
 WITNESSETH: 
 WHEREAS, the Optionee is providing, or has agreed to provide,
services to the Company, or Affiliate or a Subsidiary of the Company, as an Employee or Director; and 
 WHEREAS, the Company
considers it desirable and in its best interests that the Optionee be given a personal stake in the Company’s growth, development and financial success through the grant of an option to purchase shares of the $.01 par value common stock of the
Company (the “Shares”). 
 NOW, THEREFORE, in consideration of the premises and the mutual agreements set forth
herein, the parties agree as follows: 
 1. Grant of Option. Effective as of May 31, 2012 (the “Date of
Grant”), the Company hereby grants to the Optionee, an option (the “Option”) to purchase thirty-eight thousand five hundred eighty (38,580) Shares at the Option Price per Share of Twenty-Five Dollars and Ninety-Two Cents ($25.92)
(the “Option Price”), subject to the terms and conditions of the Plan and this Agreement. The future value of such Shares is unknown and cannot be predicted with certainty. If such Shares do not increase in value, the Option will have no
value. 
 2. Term of Option. Subject to earlier termination under Section 4 hereof, the term of the Option shall be
ten (10) years (the “Term”). 
 3. Vesting Schedule. The Option shall vest and become
exercisable as to one-thirty-sixth (1/36th) of the
total number of whole Shares (rounded down to the nearest whole share) subject to the Option on the last day of each calendar month coincident with or after the Date of Grant. 
 In no event will any portion of the Option that is not vested and exercisable at the time of the termination of the Optionee’s service relationship become vested and exercisable following such
termination. 

 4. Termination of Option. Except as otherwise provided herein or in the Executive
Employment Agreement, the Option shall terminate on the earliest to occur of the following: 
  

	 	(a)	The expiration of the Term of the Option. 

  

	 	(b)	 The 91st day after termination of the Optionee’s service relationship for any reason other than one specified in (c) or (d) below. 

 

	 	(c)	 The 366th day after termination of the Optionee’s service relationship as a result of the Optionee’s death, or a disability, retirement or redundancy that is approved by the Committee for this purpose.

  

	 	(d)	Termination of the Optionee’s employment relationship by the Company for Cause, or of the Optionee’s service relationship by the Company for reasons that
would constitute Cause if the Optionee were an employee. 

 5. Exercise of Option. The vested portion of
the Option may be exercised in whole or in part by delivery of an exercise notice in the form attached as Exhibit A (the “Exercise Notice”) which shall state the election to exercise the Option and set forth the number of Shares
with respect to which the Option is being exercised. The Exercise Notice shall be accompanied by payment of an amount equal to the aggregate Option Price as to all exercised Shares. Payment of such amount shall be by any of the following methods, or
combination thereof, at the election of the Optionee: (a) in cash or its equivalent; (b) by tendering (either by actual delivery or attestation) previously acquired Shares having an aggregate Fair Market Value at the time of exercise equal
to the Option Price (provided that except as otherwise determined by the Committee, the Shares that are tendered must have been held by the Optionee for at least six (6) months and a day, or such other period, if any, as the Committee may
permit, prior to their tender if acquired under the Plan or any other compensation plan maintained by the Company or on the open market); (c) if the Shares are Publicly Traded at such time, by a cashless (broker-assisted) exercise; or
(d) any other method approved or accepted by the Committee in its sole discretion. The Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by the aggregate Option Price.

 In connection with such exercise, the Company shall have the right to require that the Optionee make such provision, or
furnish the Company such authorization, as may be necessary or desirable so that the Company may satisfy its obligation under applicable income tax laws to withhold for income or other taxes due upon or incident to such exercise. The Committee may,
in its discretion, permit such withholding obligation to be satisfied through the withholding of Shares that would otherwise be delivered upon exercise of the Option. 
 6. Optionee’s Representations. The Optionee represents that he is an “accredited investor” within the meaning of Rule 501 under the Securities Act of 1933, as amended. 

The Optionee represents that he is knowledgeable, sophisticated and experienced in business, financial and investment matters, capable of
evaluating the merits and risks of, and 

 
making an informed decision with respect to, the investment in the Company, and that he is able to bear the economic risk of such investment for an indefinite period of time and able to afford
the complete loss of such investment. 
 The Optionee (and his representatives, if any) has had an opportunity to request and
review information, and ask and have his questions answered, with respect to the Company, desires no further or additional information concerning the Company or its operations, and deems such information received and reviewed adequate to evaluate
the merits and risks of Optionee’s investment in the Company. 
 The Optionee represents that he is acquiring the Option
for his or her own account, solely for investment and without a view to the distribution or resale thereof. 
 The Optionee
understands further that the Option and the Shares may constitute “restricted securities” under the Securities Act of 1933, as amended, and have not been registered under the Securities Act or applicable “Blue Sky” laws of any
state or foreign jurisdiction, in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of the Optionee’s investment intent as expressed herein. 

The Optionee further understands that the Option and the Shares may not be sold, transferred or otherwise disposed of except pursuant to
an effective and current registration statement under the Securities Act of 1933, as amended or applicable “Blue Sky” laws of any state or foreign jurisdiction, or if available, an exemption therefrom. 

7. Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or the laws of descent
and distribution and, during the Optionee’s lifetime, may only be exercised by the Optionee, provided that the Committee may permit transfers to a Permitted Transferee. Any such Permitted Transferee shall be subject to all the terms and
conditions of the Plan and Award Agreement, including the provisions relating to the termination of the right to exercise the Option. 
 8. Restrictions on Shares. The Shares acquired on exercise of the Option will generally be nontransferable and subject to such other restrictions as are set out in Article 11 of the Plan.

 9. Refusal to Transfer. The Company shall not be required (i) to transfer on its books any Shares that have been
sold or otherwise transferred in violation of any of the provisions of this Agreement or the Plan or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares
shall have been so transferred. 
 10. Successors and Assigns. The Company may assign any of its rights under this
Agreement to single or multiple assignees, and this Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, the terms and conditions of the Plan and this Agreement
shall be binding upon the Optionee and his or her heirs, executors, administrators, successors and assigns. 

 11. Interpretation. Any dispute regarding the interpretation of this Agreement shall
be submitted by the Optionee or by the Company forthwith to the Committee, which shall review such dispute at its next regular meeting. The resolution of such a dispute by the Committee shall be final and binding on all parties. 

12. Tax Consequences. The exercise of this Option and the subsequent disposition of the Shares may cause the Optionee to be
subject to federal, state and/or foreign taxation. The Optionee should consult a tax advisor before exercising this Option or disposing of the Shares purchased hereunder. 
 13. Acknowledgement. The Optionee acknowledges and agrees: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant
of the Option does not create any contractual or other right to receive future grants of options or any right to continue an employment or other relationship with the Company (for the vesting period or otherwise); (iii) that the Optionee remains
subject to discharge from such relationship to the same extent as if the Option had not been granted; (iv) that all determinations with respect to any such future grants, including, but not limited to, when and on what terms they shall be made,
will be at the sole discretion of the Committee; (v) that participation in the Plan is voluntary; (vi) that the value of the Option is an extraordinary item of compensation that is outside the scope of the Optionee’s employment
contract if any; and (vii) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits
or similar benefits. 
 14. Employee Data Privacy. As a condition of the grant of this Option, the Optionee consents to
the collection, use and transfer of personal data as described in this paragraph. The Optionee understands that the Company and its Affiliates hold certain personal information about the Optionee, including but not limited to the Optionee’s
name, home address and telephone number, date of birth, social security number, salary, nationality, job title, shares of common stock or directorships held in the Company, details of all Options or other entitlement to shares of common stock
awarded, cancelled, exercised, vested, unvested or outstanding in the Optionee’s favor for the purpose of managing and administering the Plan (“Data”). The Optionee further understands that the Company and/or its Affiliates will
transfer Data amongst themselves as necessary for the purposes of implementation, administration and management of the Optionee’s participation in the Plan, and that the Company and/or any of its Affiliates may each further transfer Data to any
third parties assisting the Company in the implementation, administration and management of the Plans. The Optionee understands that these recipients may be located in the Optionee’s country of residence or elsewhere. The Optionee authorizes
them to receive, possess, use, retain and transfer Data in electronic or other form, for the purposes of implementing, administering and managing the Optionee’s participation in the Plan, including any requisite transfer of such Data as may be
required for the administration of the Plan and/or the subsequent holding shares of common stock on the Optionee’s behalf to a broker or other third party with whom the shares acquired on exercise may be deposited. The Optionee understands that
the Optionee may, at any time, view the Data, require any necessary amendments to it or withdraw the consent herein in writing by contacting the local human resources representative. 

 15. Confidentiality. The Optionee agrees not to disclose the terms of this offer to
anyone other than the members of the Optionee’s immediately family or the Optionee’s counsel or financial advisors and agrees to advise such persons of the confidential nature of this offer. 

16. Entire Agreement; Governing Law. The Plan and the Executive Employment Agreement are incorporated herein by reference. The
Plan, the Executive Employment Agreement and this Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and the
Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. This Agreement is governed by the internal substantive laws but
not the choice of law rules of North Carolina. 
  

									
	OPTIONEE	 		 	QUINTILES TRANSNATIONAL HOLDINGS INC.
				
	 /s/ Thomas Pike
	 		 	By:	 	 /s/ Beverly Rubin

	Signature	 		 	Name:	 	 Beverly Rubin

		 		 		 	Title:	 	 Deputy General Counsel

 Exhibit A 
 FORM OF 
 EXERCISE NOTICE FOR 2008 STOCK INCENTIVE PLAN 

Quintiles Transnational Holdings Inc. 
 4820
Emperor Blvd 
 Durham, NC 27703 

Attention:        Stock Plan Administrator 

1. Exercise of Option. Effective as of today,
                    , 20    , the undersigned (the “Optionee”) hereby elects to exercise the
Optionee’s option (the “Option”) to purchase              shares of the Common Stock (the “Shares”) of Quintiles Transnational Holdings Inc. (the
“Company”) under and pursuant to the Quintiles Transnational Holdings Inc. 2008 Stock Incentive Plan (the “Plan”) and the Grant Letter dated
                    , 20     (the “Award”). 

2. Delivery of Payment. The Optionee herewith delivers to the Company the aggregate exercise price of the Option, as set forth in
the Award, by means of (check one): 
 a check in U.S. dollars made payable to Quintiles Transnational Holdings
Inc. or bank transfer; 
 or 
 (i) a share certificate (or certificates) representing previously acquired shares held by the Optionee for at least six (6) months and a day) and (ii) a check in U.S. Dollars made payable to
Quintiles Transnational Holdings, Inc. or bank transfer that, in combination, have an aggregate value (the Fair Market Value of the shares delivered plus the check or bank transfer amount) equal to the aggregate exercise price of the Option.

 3. Representations of Optionee. The Optionee acknowledges that the Optionee has received, read and understood the Plan
and the Award and agrees to abide by and be bound by their terms and conditions. The Optionee represents that he or she is purchasing the Shares for his or her own account, solely for investment and without a view to the distribution or resale
thereof. The Optionee represents that (A) he or she is an “accredited investor” within the meaning of Rule 501 under the Securities Act of 1933, as amended, as described on Attachment A, (B) he or she is knowledgeable,
sophisticated and experienced in business, financial and investment matters and is capable of evaluating the merits and risks of the investment and making an informed decision to exercise the option and purchase the underlying Shares, and
(C) he or she is able to bear the economic risk of an investment in the Shares for an indefinite period of time and able to afford the complete loss of such investment.1 In making the decision to 

 

	1 	 Optionee should contact the Plan Administrator through Global Incentives if he/she is uncertain as to whether he/she can make any of the
representations included in subclauses (A), (B) or (C). 

  
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exercise the option(s) the Optionee has relied upon his or her own independent investigations or those made by his or her representatives, if any (including professional, financial, tax, legal
and other advisors). The Optionee (and his or her representatives, if any) has had an opportunity to request and review information, and ask and have his or her questions answered, with respect to the Company, desires no further additional
information concerning the Company or its operations, and deems such information received and reviewed adequate to evaluate the merits and risks of the Optionee’s investment in the Company. 

The Optionee understands further that the Shares may constitute “restricted securities” under the Securities Act of 1933, as
amended (the “Securities Act”), and have not been registered under the Securities Act or applicable “Blue Sky” laws of any state or foreign jurisdiction (collectively, the “Applicable Securities Laws”), in reliance upon
a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of the Optionee’s investment intent as expressed herein. The Optionee further understands that the Shares may not be sold, transferred or
otherwise disposed of except pursuant to an effective and current registration under the Applicable Securities Laws or, if available, an exemption therefrom. The Optionee further acknowledges and understands that the Company is under no obligation
to register the Shares. 
 The Optionee is familiar with the provisions of Rule 701 and Rule 144, each promulgated under the
Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. The Optionee
further understands that in the event all of the applicable requirements of Rule 701 or 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that,
notwithstanding the fact that Rules 144 and 701 are not exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and
otherwise than pursuant to Rules 144 or 701 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such
transactions do so at their own risk. The Optionee understands that no assurances can be given that any such other registration exemption will be available in such event 
 The Optionee acknowledges that the Company is relying upon each of the above representations in connection with the exercise of the option and the issuance of the underlying Shares. 

4. Rights as Shareholder. Until the issuance of the Shares (as evidenced by the appropriate entry on the books of the Company or
of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Shares shall be issued to the
Optionee as soon as practicable after the Option is exercised. No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance except as provided in the Plan. 

  
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 5. Tax Consultation and Withholding. The Optionee understands that the Optionee may
suffer adverse tax consequences as a result of the Optionee’s purchase or disposition of the Shares. The Optionee represents that the Optionee has consulted with any tax consultants the Optionee deems advisable in connection with the purchase
or disposition of the Shares and that the Optionee is not relying on the Company for any tax advice. The Optionee further understands that, if the Optionee is a U.S. taxpayer, the Optionee’s purchase of the Shares will give rise to an
obligation on the part of the Company to withhold for income or other taxes due and agrees to make a payment to the Company in the amount necessary to allow the Company to satisfy its withholding obligations. 

6. Restrictive Legends. The Optionee understands and agrees that the Company shall cause the legends set forth below or legends
substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required by the Company or by state or federal securities laws: 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD OR TRANSFERRED EXCEPT PURSUANT TO (I) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND IN COMPLIANCE WITH APPLICABLE STATE
SECURITIES LAWS OR (II) AN APPLICABLE EXEMPTION FROM REGISTRATION THEREUNDER OR UNDER APPLICABLE STATE SECURITIES LAWS. INVESTORS SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF
TIME. 
 THE ISSUER WILL FURNISH IN WRITING AND WITHOUT CHARGE TO EACH SHAREHOLDER WHO SO REQUESTS THE DESIGNATIONS, RELATIVE RIGHTS,
PREFERENCES AND LIMITATIONS APPLICABLE TO EACH CLASS OF SHARES AND THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES (AND THE AUTHORITY OF THE BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES). 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE QUINTILES TRANSNATIONAL HOLDINGS INC. 2008 STOCK INCENTIVE PLAN (FORMERLY THE QUINTILES
TRANSNATIONAL CORP. 2008 STOCK INCENTIVE PLAN), AS SUCH PLAN MAY BE ALTERED, AMENDED, RESTATED OR MODIFIED FROM TIME TO TIME, AND MAY NOT BE SOLD, PLEDGED, ENCUMBERED OR OTHERWISE TRANSFERRED OTHER THAN TO A PERMITTED TRANSFEREE IN ACCORDANCE WITH
THE PROVISIONS THEREOF AND ANY TRANSFEREE OF THESE SECURITIES SHALL BE SUBJECT TO THE TERMS OF SUCH PLAN. COPIES OF THE FOREGOING PLAN ARE MAINTAINED WITH THE CORPORATE RECORDS OF THE ISSUER AND ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICES
OF THE ISSUER. 

  
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 THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO AN AWARD AGREEMENT BETWEEN THE ISSUER AND
THE HOLDER, AS SUCH AGREEMENT MAY BE AMENDED, RESTATED OR MODIFIED FROM TIME TO TIME, AND MAY NOT BE TRANSFERRED, SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT IN ACCORDANCE WITH THE PROVISIONS THEREOF AND ANY TRANSFEREE OF
THESE SECURITIES SHALL BE SUBJECT TO THE TERMS OF SUCH AGREEMENT. COPIES OF THE FOREGOING AGREEMENT ARE MAINTAINED WITH THE CORPORATE RECORDS OF THE ISSUER AND ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICES OF THE ISSUER. 

7. Confidentiality. The Optionee agrees that the Company has provided to the Optionee, and may provide the Optionee in the future,
with certain information (any and all such information, collectively, the “Information”) to enable the Optionee to determine whether to purchase Shares of the Company by exercising his or her options, and the Optionee agrees (I) to
keep strictly confidential any and all Information provided to him or her by the Company and to not disclose the Information to any third party (except as hereinafter provided) or otherwise use the Information for any purpose other than his or her
evaluation of the purchase of Shares in connection with the exercise of the option; (II) not to copy all or any portions of the Information; and (III) to return any and all Information to the Company upon its request. Notwithstanding the foregoing,
the Optionee may disclose the Information to its legal, tax and other advisors so long as such advisors agree to be bound by the terms of these confidentiality provisions, and so long as the Optionee agrees to be responsible for any such
advisor’s breach of the terms of this provision. 
 8. Governing Law. This Agreement shall be governed by the
internal substantive laws but not the choice of law rules of North Carolina. 
 9. Entire Agreement. The Plan and Award
are incorporated herein by reference. This Agreement, the Plan, and the Award constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the
Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and the Optionee. 

[signature page to Form of Exercise Notice to follow] 

  
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 [3.6.1] 
 [signature page to Form of Exercise Notice] 
  

									
	Submitted by:	 		 	Accepted by:
			
	OPTIONEE	 		 	QUINTILES TRANSNATIONAL HOLDINGS INC.
				
	  
	 		 	By:	 	  

	Signature	 		 	Name:	 	  

	Name:	 	  
	 		 	Title:	 	  

		 		 		 	Date:	 	  

 Attachment A 
 For purposes of Rule 501 under the Securities Act of 1933, as amended, an “accredited investor” includes an individual investor who, at the time of the purchasing the security (in this case,
upon exercise of the option): 
  

	 	•	 	 Is a director or executive officer of the company issuing the securities (in this case, Quintiles Transnational Holdings Inc.);

 or 
  

	 	•	 	 Has an individual net worth, or joint net worth with that person’s spouse, that exceeds $1,000,000 (determined in each case without regard to the
value of that person’s primary residence or any indebtedness secured by the primary residence up to its fair market value, but including in such determination the amount, if any, by which the indebtedness secured by that person’s primary
residence exceeds the fair market value of such primary residence)2; 

 or 

 

	 	•	 	 Has individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000
in each of those years and has a reasonable expectation of reaching the same income level in the current year. 

 

	2 	If you have incurred indebtedness secured by your primary residence within the last 60 days, please contact the Stock Plan Administrator through Global Incentives for
additional information. 

  
 6Executive Employment Agreement, effective July 30, 2010

 Exhibit 10.40 

 
 

 
 EXECUTIVE EMPLOYMENT AGREEMENT 

This Executive Employment Agreement (“Agreement”) is made and entered into by Quintiles Transnational Corp., a North Carolina
corporation (hereinafter the “Company”) and Kevin Gordon (hereinafter the “Executive”). The Company desires to employ Executive as its Executive Vice President, Chief Financial Officer and provide adequate assurances to Executive
and Executive desires to accept such employment on the terms set forth below. 
 In consideration of the mutual promises set
forth below and other good and valuable consideration, the receipt and sufficiency of which the parties acknowledge, the Company and Executive agree as follows: 
 1. EMPLOYMENT. The Company employs Executive and Executive accepts employment on the terms and conditions set forth in this Agreement. 

2. NATURE OF EMPLOYMENT. Executive shall report to the Chief Executive Officer of the Company and shall serve as Executive
Vice President, Chief Financial Officer, and have such responsibilities and authority as the Company may assign from time to time, commensurate with his title and remuneration. Additionally, Executive agrees to perform such other duties consonant
with those of an executive at his level as the Company may set from time to time. 
 2.1 Executive shall perform all
duties and exercise all authority in accordance with, and shall otherwise comply with, all Company policies, procedures, practices and directions. 
 2.2 Executive shall devote all working time, best efforts, knowledge and experience to perform successfully his duties and advance the Company’s and/or its Affiliates’ interests. During
his employment, Executive shall not engage in any other business activities of any nature whatsoever (including board memberships) for which he receives compensation without the Company’s prior written consent (such consent not to be
unreasonably withheld); provided, however, this provision does not prohibit him from personally owning and trading in stocks, bonds, securities, real estate, commodities or other investment properties for his own benefit, which do not create actual
or potential conflicts of interest with the Company and/or its Affiliates. As used in this Agreement, “Affiliates” shall mean: (i) any Company’s parent, subsidiary or related entity; and/or (ii) any entity directly or
indirectly controlled or beneficially owned in whole or part by the Company or Company’s parent, subsidiary or related entity. 

  
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 2.3 Executive’s base of operation shall be Durham, NC, subject to business
travel as may be necessary in the performance of Executive’s duties. 
 3. COMPENSATION. 

3.1 Base Salary. Executive’s monthly salary for all services rendered shall be $37,500.00 (less applicable
withholdings), payable in accordance with the Company’s policies, procedures and practices as they may exist from time to time. Executive’s salary shall be reviewed in accordance with the Company’s policies, procedures and practices
as they may exist from time to time. 
 3.2 Executive Compensation Program. Executive may participate as a
Global Grade 40 employee in Company non-salary compensation programs as may be available from time to time, including but not limited to, the annual Executive Performance Incentive Plan (or successor plans) which may be made available from time to
time to Company employees and executives; provided, however, that Executive’s participation is subject to the applicable terms, conditions and eligibility requirements of these plans and programs, some of which are within the plan
administrator’s discretion, as they may exist from time to time. For the year 2010, Executive shall be guaranteed a bonus in the amount of $382,500.00. In subsequent years, Executive shall be eligible to participate at a target level of
eighty-five percent (85%) of his then annual base salary. 
 3.3 Other Benefits. Executive may participate in
available medical, dental, life and disability insurance, 401(k), pension, personal leave, executive benefit allowance and other employee benefit plans and programs as may be available to Executives at the Company’s discretion, except Executive
may not receive severance payments other than as specified in this Agreement; provided, however, that Executive’s participation in benefit plans and programs is subject to the applicable terms, conditions and eligibility requirements of these
plans and programs, some of which are within the plan administrator’s discretion, as they may exist from time to time. Executive will receive a one-time sign-on bonus of $75,000.00, to be paid in a lump sum on the payroll date occurring
immediately following completion of 30 days of employment. This bonus will be subject to applicable withholdings, including federal and state taxes. Company will also provide Executive with the Company’s relocation package which, subject to its
terms and conditions, will include extended temporary housing up to twelve (12) months, reimbursement of reasonable travel costs between Pennsylvania and North Carolina for such time as Executive remains in temporary housing, reimbursement of
closing costs, an eight thousand dollar ($8,000.00) miscellaneous allowance, reimbursement for packing, shipping, storage and other benefits, subject to all applicable withholdings for taxes. Notwithstanding the foregoing and the terms of the
Company’s relocation program, any taxable payment made under the Company’s relocation package that is includible in Executive’s gross income shall be increased by an additional amount equal to the Federal income tax applicable to such
payment determined by applying the highest marginal Federal tax rate in effect at the payment date. All reimbursements and payments made in 

  
 2 

 
connection with relocation shall be provided to Executive on or before March 15, 2011, or within sixty (60) days of when any reimbursable expense is incurred, whichever date is later.

 3.4 Business Expenses. Executive shall be reimbursed for reasonable and necessary expenses actually incurred by
him in performing services under this Agreement in accordance with and subject to the terms and conditions of the applicable Company reimbursement policies, procedures and practices as they may exist from time to time. Expenses covered by this
provision include but are not limited to travel, entertainment, professional dues, subscriptions and dues, fees and expenses associated with membership in various professional, and business and civic associations of which Executive’s
participation is in the Company’s best interest. All such reimbursements shall be made no later than March 15 of the year following the year in which the expenses were incurred. Company shall also provide Executive with a monthly executive
benefit allowance of $2500, less applicable withholding and paid in substantially equal installment payments in accordance with the Company’s normal payroll practices. This allowance is intended to be used for miscellaneous expenses such as
automobile expenses, tax return preparation fees, financial planning fees, legal fees, any micro purchase plan, and such other expenses of the Executive’s choosing. 
 3.5 Stock Options. Subject to the approval of the Compensation & Nominations Committee of the Board of Directors of Quintiles Transnational Holdings Corp. (“Holdings”)
and, if such approval is received, to the terms of a separate Award Agreement awarding non-qualified stock options (the “Option Agreement”) to which Executive must agree in writing, Executive shall receive options to purchase at least
300,000 shares of Holdings stock based upon the actual award approved, the date approved for grant and the fair market value at grant date (the “Options”). 
 3.6 Nothing in this Agreement shall require the Company to create, continue or refrain from amending, modifying, revising or revoking any of the plans, programs or benefits set forth in Sections
3.2 through 3.5. Any amendments, modifications, revisions and revocations of these plans, programs and/or benefits shall apply to Executive. 
 3.7 If, at any time during which Executive is receiving salary or post-termination payments from the Company, he receives payments on account of mental or physical disability from any
Company-provided plan, then the Company, at its discretion, may reduce his salary or post-termination payments by the amount of such disability payments. 
 4. TERM OF EMPLOYMENT. The term of employment shall commence on July 30, 2010 and continue until terminated as set forth herein: 

4.1 Either party may terminate the employment relationship without cause at any time upon giving the other party sixty
(60) days written notice. 

  
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 4.2 In addition to termination without cause pursuant to Section 4.1 above,
Executive’s employment may also be terminated as follows: 
 4.2.1 The Company may terminate Executive’s
employment relationship immediately without notice at any time for the following reasons which shall constitute “Cause”: (i) Executive’s death; (ii) Executive’s physical or mental inability to perform the essential
functions of his duties satisfactorily for a period of 180 consecutive days or 180 days in total within a 365-day period as determined by the Company in its reasonable discretion and in accordance with applicable law; (iii) any act or omission
of Executive constituting or rising to the level of willful misconduct (including willful violation of the Company’s policies), gross negligence, fraud, misappropriation, embezzlement, criminal behavior, conflict of interest or competitive
business activities which, as determined by the Company in its reasonable discretion, may cause material harm, or any other actions that are materially detrimental to the interests of Holdings or the Company; (iv) any other reason recognized as
“cause” under applicable law; or (v) Executive’s material breach of this Agreement. 
 4.2.2
Executive may terminate Executive’s employment for “Good Reason” if, without the consent of the Executive, any of the following events occur:; (i) a change to the Executive’s reporting relationship such that he is no longer
reporting to the Chief Executive Officer of the Company or, in the case of a change in control, he is no longer the most senior financial officer of the entity with authority and responsibility for the Company’s business; (ii) the
Executive’s annual base salary or target bonus opportunity (including any prior increases to such salary or bonus opportunity) is materially reduced; (iii) a material diminution in Executive’s duties or responsibilities, making his
position inconsistent with his duties as Executive Vice President, Chief Financial Officer, and (iv) a relocation of Executive’s principal workplace as of the date hereof that exceeds fifty (50) miles. Executive agrees to provide the
Company with written notice of the event constituting Good Reason within thirty (30) days of becoming aware of the actions or inactions of the Company giving rise to such Good Reason. Such termination for Good Reason shall become effective
sixty (60) days following Executive’s written notice, provided the Company has not cured the actions or inactions giving rise to Executive’s notice of termination for Good Reason. 

4.3 This Agreement shall terminate upon the termination of the employment relationship with the following exceptions:
Section 6 (Trade Secrets, Confidential Information, Company Property and Competitive Business Activities), Section 7 (Intellectual Property Ownership), Section 8 (License), Section 9 (Release) shall survive the termination of
Executive’s employment and/or the expiration or termination of this Agreement, regardless of the reasons for such expiration or termination. 
 5. COMPENSATION AND BENEFITS UPON TERMINATION. 

  
 4 

 5.1 The Company’s obligation to compensate Executive ceases on the effective
termination date except as to: (i) amounts due at that time; (ii) any amount subsequently due pursuant to the program described in Section 3.2; and (iii) any compensation and/or benefits to which he may be entitled to receive
pursuant to Sections 5.2, 5.3 or 5.4. 
 5.2 If the Company terminates Executive’s employment pursuant to
Section 4.1 (without cause), then the Company’s sole obligation shall be to pay Executive: (i) amounts due on the effective termination date; (ii) any amounts subsequently due pursuant to the program described in
Section 3.2; and (iii) subject to Executive’s compliance with Sections 6, 7, 8 and 9 and subject to Sections 3.6 and 5.6, an amount equal to 1.55 times his then current monthly salary plus sixty thousand dollars ($60,000)
(representing Executive’s $2,500 monthly executive benefit allowance) (less applicable withholdings) for the twenty-four (24) month non-competition period set forth in Section 6.3, payable in equal monthly installments on the same
payroll schedule applicable to Executive immediately prior to his separation from service commencing on the first such payroll date on or following the tenth (10th) day after the date on which the release of claims required by Section 5.6
becomes effective and non-revocable, but not after ninety (90) days following termination from employment. 
 5.3 If
the Company terminates Executive’s employment for Cause as provided in Sections 4.2.1(i) (death), (ii) (physical or mental inability to perform), (iii) (materially harmful acts or omissions), (iv) (other reasons recognized as
“cause”) or (v) (Executive’s material breach) or if the Executive terminates his employment pursuant to Section 4.1 (without cause), then the Company’s sole obligation shall be to pay Executive: (i) amounts due on
the effective termination date and (ii) any amounts subsequently due pursuant to the program described in Section 3.2, provided, however, that before the Company terminates Executive’s employment for cause pursuant to
Section 4.2.1(ii) (physical or mental inability to perform), the Company shall ensure Executive has the opportunity to apply for disability coverage pursuant to the disability insurance policies then in effect, to the extent consistent with the
terms of the applicable plan. Executive, except when employment terminates pursuant to Section 4.2.1(i) (death) shall comply with Sections 6, 7, 8 and 9 of this Agreement upon expiration or termination of this Agreement. 

5.4 If Executive terminates the employment relationship pursuant to Section 4.2.2 of this Agreement (termination by Executive
for Good Reason), then the Company’s sole obligation to Executive in lieu of any other damages or other relief to which he otherwise may be entitled shall be: (i) an amount equal to amounts due at the time of his termination; and
(ii) subject to Executive’s compliance with Sections 6, 7, 8 and 9 and subject to Sections 3.6 and 5.6, liquidated damages in an amount equal to 1.55 times his then current monthly salary plus sixty thousand dollars ($60,000) (representing
Executive’s $2,500 monthly executive benefit allowance) (less applicable withholdings) for the twenty-four (24) month non-competition period set forth in Section 6.3, payable in equal monthly installments on the same payroll schedule
applicable to Executive immediately prior to his separation from service commencing on the first such payroll date on or following the tenth 

  
 5 

 
(10th) day after the date on which the release of claims required by Section 5.6 becomes effective and non-revocable, but not after ninety (90) days following termination from
employment. In addition, if Executive terminates his employment for Good Reason, he will not be required to repay relocation costs expended on his behalf, and the Company agrees to reflect such exception to the Company’s relocation program in
any relocation benefits repayment agreement it requires Executive to sign. 
 5.5 In the event Executive is receiving
payments under Section 5.2 or Section 5.4 of this Agreement, and subject to Executive’s compliance with Sections 6, 7, 8 and 9, and subject to Section 3.7 and 5.6, Executive shall be entitled to a lump sum payment equal to
twenty-four (24) multiplied by the Company’s monthly cost for providing the type of medical, dental, vision, long term disability and term life insurance coverage, as applicable, in effect for Executive (e.g., family coverage v.
employee-only coverage) at the time of his termination, payable in a one-time lump sum payment, less any applicable tax withholdings, within ten (10) calendar days following the effective date of the general release required by
Section 5.6, but not later than ninety (90) days following termination from employment. Any payment under this section that is includible in Executive’s gross income shall be increased by an additional amount equal to the Federal
income tax applicable to such payment determined by applying the highest marginal Federal tax rate in effect at the payment date. Executive shall bear full responsibility for applying for COBRA continuation coverage and for obtaining coverage under
any other insurance policy following termination of employment, and nothing herein shall constitute a guarantee of COBRA continuation coverage or benefits or a guarantee of eligibility for health, dental, long term disability or term life insurance
coverage. 
 5.6 Notwithstanding any provision of this Agreement to the contrary, the Company’s obligation to
provide the payments under Sections 5.2 and 5.4 is conditioned upon Executive’s execution of an enforceable release of all claims and his compliance with Sections 6, 7, 8 and 9 of this Agreement. If Executive chooses not to execute such a
release or fails to comply with these sections, then the Company’s obligation to compensate him ceases on the effective termination date except as to amounts due at that time and any amount subsequently due pursuant to the program described in
Section 3.2. The release of claims shall be provided to Executive within thirty (30) days of his separation from service and Executive must execute it within the time period specified in the release (which shall not be longer than
forty-five (45) days from the date of receipt). Such release shall not be effective until any applicable revocation period has expired. 
 5.7 Executive is not entitled to receive any compensation or benefits upon his termination except as: (i) set forth in this Agreement; (ii) otherwise required by law; or
(iii) otherwise required by any employee benefit plan in which he participates. Moreover, the terms and conditions afforded Executive under this Agreement are in lieu of any severance benefits to which he otherwise might be entitled pursuant to
any severance plan, policy and practice of the Company and or its affiliates. Nothing in this Agreement, however, is intended to waive or supplant any death, disability, retirement, 401(k) or 

  
 6 

 
pension benefits to which he may be entitled under employee benefit plans in which he participates. 
 6. TRADE SECRETS, CONFIDENTIAL INFORMATION, COMPANY PROPERTY AND COMPETITIVE BUSINESS ACTIVITIES. 
 Executive acknowledges that: (i) the Company and its Affiliates have worldwide business operations, a worldwide customer base, and are engaged in the business of contract research, sales and
marketing, healthcare policy consulting and health information management services to the worldwide pharmaceutical, biotechnology, medical device and healthcare industries; (ii) by virtue of his employment by and upper-level position with the
Company, he has or will have access to Trade Secrets and Confidential Information (as defined in Sections 6.1(5) and 6.1(6)) of the Company and its Affiliates, including valuable information about their worldwide business operations and entities
with whom they do business in various locations throughout the world, and has developed or will develop relationships with their customers and others with whom they do business in various locations throughout the world; and (iii) the Trade
Secrets, Confidential Information, Company Property and Competitive Business Activities’ provisions set forth in this Agreement are reasonably necessary to protect the Company’s and its Affiliates’ legitimate business interests, are
reasonable as to the time, territory and scope of activities which are restricted, do not interfere with public policy or public interest and are described with sufficient accuracy and definiteness to enable him/her to understand the scope of the
restrictions imposed on him/her. 
 6.1 Trade Secrets and Confidential Information. Executive acknowledges that:
(i) the Company and/or its Affiliates will disclose to him/her certain Trade Secrets and Confidential Information; (ii) Trade Secrets and Confidential Information are the sole and exclusive property of the Company and/or its Affiliates (or a
third parry providing such information to the Company and/or its Affiliates) and the Company and/or its Affiliates or such third party owns all worldwide rights therein under patent, copyright, trademarks, trade secret, confidential information or
other property right; and (iii) the disclosure of Trade Secrets and Confidential Information to Executive does not confer upon him/her any license, interest or rights of any kind in or to the Trade Secrets or Confidential Information.

 6.1(1) Executive may use the Trade Secrets and Confidential Information only while he is employed or otherwise
retained by the Company and only then in accordance with applicable Company policies and procedures and solely for Company’s benefit. Except as authorized in the performance of services for the Company, Executive will hold in confidence and
will not, either directly or indirectly, in any form, by any means, or for any purpose, disclose, reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer Trade Secrets or Confidential Information or any portion
thereof. Upon the Company’s request, Executive shall return Trade Secrets and 

  
 7 

 
Confidential Information and all related materials. 
 6.1(2) If
Executive is required to disclose Trade Secrets or Confidential Information pursuant to a court order, subpoena or other government process or such disclosure is necessary to comply with applicable law or defend against claims, he shall:
(i) notify the Company promptly before any such disclosure is made; (ii) at the Company’s request and expense take all reasonably necessary steps to defend against such disclosure, including defending against the enforcement of the
court order, other government process or claims; and (iii) permit the Company to participate with counsel of its choice in any proceeding relating to any such court order, subpoena, other government process or claims. 

6.1(3) Executive’s obligations with regard to Trade Secrets shall remain in effect for as long as such information shall
remain a trade secret under applicable law. 
 6.1(4) Executive’s obligations with regard to Confidential
Information shall remain in effect while he is employed or otherwise retained by the Company and/or its Affiliates and for fifteen (15) years thereafter. 
 6.1(5) As used in this Agreement, “Trade Secrets” means information of the Company, its Affiliates and its and/or their licensors, suppliers, customers, or prospective licensors or
customers, including, but not limited to, data, formulas, patterns, compilations, programs, devices, methods, techniques, processes, financial data, financial plans, product plans, or lists of actual or potential customers or suppliers, which:
(i) derives independent actual or potential commercial value, from not being generally known to or readily ascertainable through independent development or reverse engineering by persons or entities who can obtain economic value from its
disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. 
 6.1(6) As used in this Agreement, “Confidential Information” means information other than Trade Secrets, that is of value to its owner and is treated as confidential, including, but not
limited to, future business plans, licensing strategies, advertising campaigns, information regarding executives and employees, and the terms and conditions of this Agreement; provided, however, Confidential Information shall not include information
which is in the public domain or becomes public knowledge through no fault of Executive. 
 6.2 Company Property.
Upon termination of his employment, Executive shall: (i) deliver to the Company all records, memoranda, data, documents and other property of any description which refer or relate in any way to Trade Secrets or Confidential Information,
including all copies thereof, which are in his possession, custody or control; (ii) deliver to the Company all Company and/or Affiliates property (including, but not limited to, keys, credit cards, client files, contracts, proposals, work in
process, 

  
 8 

 
manuals, forms, computer stored work in process and other computer data, research materials, other items of business information concerning any Company and/or Affiliates client, or Company and/or
Affiliates business or business methods, including all copies thereof) which is in his possession, custody or control; (iii) bring all such records, files and other materials up to date before returning them; and (iv) fully cooperate with
the Company in winding up his work and transferring that work to other individuals designated by the Company. 
 6.3
Competitive Business Activities. During his employment and for twenty-four (24) months following his effective termination date (regardless of the reason for the termination and regardless of whether initiated by Executive or
Company), Executive will not engage in the following activities: 
 6.3.1(a) on Executive’s own or another’s
behalf, whether as an officer, director, stockholder, partner, associate, owner, employee, consultant or otherwise, directly or indirectly: 
 (i) compete with the Company, or any of its Affiliates with whom the Executive worked or about whom Executive has significant knowledge (each, a “Restricted Affiliate”), within the geographical
areas set forth in Section 6.3.2; except that Executive, without violating this provision, may become employed by any company which is engaged in the integrated development, discovery, manufacture, marketing and sale of pharmaceutical drugs
that does not engage in contract sales and/or research; 
 (ii) within the geographical areas set forth in Section 6.3.2,
solicit or do business which competes with the business engaged in by the Company or a Restricted Affiliate, from or with persons or entities: (A) who are customers of the Company or a Restricted Affiliate; (B) who Executive or someone for
whom he was responsible solicited, negotiated, contracted or serviced on the Company’s or a Restricted Affiliate’s behalf; or (C) who were customers of the Company or a Restricted Affiliate at any time during the last year of
Executive’s employment with the Company; 
 (iii) offer employment to or solicit directly for employment any employee or
other person who had been employed by the Company and/or its Affiliates during the last year of Executive’s employment with the Company, unless such individual’s employment with the Company terminated more than twelve (12) months
prior to the offer or solicitation; or 
 6.3.1(b) directly or indirectly take any action which is materially detrimental
or otherwise intended to be adverse to the Company’s and/or Affiliates’ goodwill, name, business relations, prospects and operations. 
 6.3.2 The restrictions set forth in Section 6.3 apply to the following geographical areas: (i) within a 60-mile radius of the Company and/or its Affiliates where the Executive had an
office during the Executive’s employment with the Company and/or 

  
 9 

 
its Affiliates; (ii) any city, metropolitan area, county (or similar political subdivision in foreign countries) in which Executive’s substantial services were provided, or for which
Executive had substantial responsibility, or in which Executive performed substantial work on Company and/or Affiliates’ projects, while employed by the Company; and (iii) any city, metropolitan area, county (or similar political
subdivisions in foreign countries) in which the Company and/or its Affiliates is located or does or, during Executive’s employment with Company, did business. 
 6.3.3 Notwithstanding the foregoing, Executive’s ownership, directly or indirectly, of not more than one (1) percent of the issued and outstanding stock of a corporation the shares
of which are regularly traded on a national securities exchange or in the over-the-counter market shall not violate Section 6.3. 
 6.4 Remedies. Executive acknowledges that his failure to abide by the Trade Secrets, Confidential Information, Company Property or Competitive Business Activities provisions of this
Agreement would cause irreparable harm to the Company and/or its Affiliates for which legal remedies would be inadequate and thus the Company may seek legal and equitable relief, including but not limited to preliminary and permanent injunctive
relief, for Executive’s actual or threatened failure to abide by these provisions. If the Company prevails in any action seeking to enforce the foregoing provisions of this Agreement, or is otherwise successful in obtaining preliminary or
permanent injunctive relief with regard to Executive’s actions or threatened actions: (i) the Company will be released of its obligations under this Agreement to make any post-termination payments, including but not limited to those
otherwise available pursuant to Sections 5.2 or 5.4; (ii) Executive will return all post-termination payments received pursuant to this Agreement, including but not limited to those received pursuant to Sections 5.2 or 5.4; (iii) Executive
will indemnify the Company and/or its Affiliates for all expenses including reasonable attorneys’ fees in seeking to enforce these provisions; and (iv) if, as a result of Executive’s failure to abide by the Trade Secrets, Confidential
Information, Company Property or Competitive Business Activities provisions, any commission or fee becomes payable to Executive or to any person, corporation or other entity with which Executive has become employed or otherwise associated, Executive
shall pay the Company or cause the person, corporation or other entity with whom he has become employed or otherwise associated to pay the Company an amount equal to such commission or fee. In the event that the Company exercises its right to
discontinue payments under this provision and/or Executive returns all post-termination payments received pursuant to this Agreement, Executive shall remain obligated to abide by the Trade Secrets, Confidential Information, Company Property and
Competitive Business Activities provisions set forth in this Agreement. If Executive prevails in any action by the Company to enforce the Trade Secrets, Confidential Information, Company Property and Competitive Business Activities provisions of
this Agreement, the Company shall indemnify Executive for all expenses, including reasonable attorneys’ fees, incurred by Executive in defending the action. 

  
 10 

 6.5 Tolling. The period during which Executive must refrain from the
activities set forth in Sections 6.1 and 6.3 shall be tolled during any period in which he fails to abide by these provisions. 

6.6 Other Agreements. Nothing in this Agreement shall terminate, revoke or diminish Executive’s obligations or the
Company’s and/or its Affiliates’ rights and remedies under law or any agreements relating to trade secrets, confidential information, non-competition or intellectual property which Executive has executed in the past or may execute in the
future or contemporaneously with this Agreement. 
 7. INTELLECTUAL PROPERTY OWNERSHIP. 

7.1 As used in this Agreement, “Work Product” shall mean the data, materials, documentation, computer programs,
inventions (whether or not patentable), improvements, modifications, discoveries, methods, developments, picture, audio, video, artistic works and all works of authorship, including all worldwide rights therein under patent, copyright, trademark,
trade secret, confidential information or other property right, created or developed in whole or in part by Executive, while employed by the Company (whether developed during work hours or not), whether prior or subsequent to the date of this
Agreement. 
 7.2 All Work Product shall be considered work made for hire by Executive and owned by the Company. If any
of the Work Product may not, by operation of law, be considered work made for hire by Executive for the Company, or if ownership of all rights, title, and interest of the intellectual property rights therein shall not otherwise vest exclusively in
the Company, Executive hereby assigns to the Company, and upon the future creation thereof automatically assigns to the Company, without further consideration, the ownership of all Work Product. The Company shall have the right to obtain and hold in
its own name copyrights, registrations and any other protection available in the Work Product. Executive agrees to perform, during or after his employment, such further acts which the Company requests as may be necessary or desirable to transfer,
perfect and defend its ownership of the Work Product. 
 7.3 Notwithstanding the foregoing, this Agreement shall not
require assignment of any invention that: (i) Executive developed entirely on his own time without using the Company’s equipment, supplies, facilities, Trade Secrets or Confidential Information; and (ii) does not relate to the
Company’s business or actual or anticipated research or development or result from any work performed by Executive for the Company. 
 7.4 Executive shall promptly disclose to the Company in writing all Work Product conceived, developed or made by him/her, individually or jointly. 

8. LICENSE. To the extent that any preexisting materials are contained in Work Product which Executive delivers to the
Company or its customers, Executive grants to the Company an irrevocable, nonexclusive, worldwide, royalty-free license to: (i) use and 

  
 11 

 
distribute (internally or externally) copies of, and prepare derivative works based upon, such preexisting materials and derivative works thereof; and (ii) authorize others to do any of the
foregoing. 
 9. RELEASE. Executive acknowledges that: (i) as a part of his services, he may provide his
image, likeness, voice or other characteristics; and (ii) the Company may use his image, likeness, voice or other characteristics and expressly releases the Company, its Affiliates and its and/or their agents, employees, licensees and assigns
from and against any and all claims which he has or may have for invasion of privacy, right of privacy, defamation, copyright infringement or any other causes of action arising out of the use, adaptation, reproduction, distribution, broadcast or
exhibition of such characteristics. 
 10. CHANGE IN CONTROL. 

10.1 For purposes of the Agreement, a “Change in Control” shall mean the occurrence of any one of the following:

 (A) An acquisition (other than directly from the Company) of any voting securities of the Company by any “Person”
(as such term is used in Section 3(A)(9), 13(D)(2) and 14(D)(2) of the Securities Exchange Act of 1934, as amended (the “Act”)), after which such Person, together with its “affiliates” and “associates” (as such
terms are defined in Rule 12b-2 under the Act), becomes the “beneficial owner” (as such term is defined in Rule 13d-3 under the Act), directly or indirectly, of more than one-half (50%) of the total voting power of the company’s
then outstanding voting securities, but excluding any such acquisition by the Company, any Person of which a majority of its voting power or its voting equity securities or equity interests is owned, directly or indirectly, by the Company (for
purposes hereof, a “Subsidiary”), any employee benefit plan of the Company or any of its Subsidiaries (including any Person acting as trustee or other fiduciary for any such plan), or by or for the benefit of Dennis Gillings and/or his
family; 
 (B) The shareholders of the Company approve a merger, share exchange, consolidation or reorganization involving the
Company and any other corporation or other entity that is not controlled by the Company, as a result of which less than one-half (50%) of the total voting power of the outstanding voting securities of the Company or of the successor corporation
or entity after such transaction is held in the aggregate by the holders of the Company’s voting securities immediately prior to such transaction; or 
 (C) The shareholders of the Company approve a liquidation or dissolution of the company, or approve the sale or other disposition by the Company of all or substantially all of the Company’s assets to
any Person (other than a transfer to a Subsidiary of the Company). 
 (D) The consummation of an underwritten initial public
offering of the Company’s common stock registered under the Securities Act of 1933, as amended, whether shares are sold by the Company, selling shareholders or both (an “IPO”), that

  
 12 

 
results in over one-half (50%) of the Company’s then outstanding common stock being held by persons who were not shareholders of the Company prior to the IPO. 

10.2 Upon a Change of Control, all Options shall become vested and exercisable as may otherwise be allowed under the terms of the
Option Agreement. 
 11. EXECUTIVE REPRESENTATION. Executive represents and warrants that his employment and
obligations under this Agreement will not: (i) breach any duty or obligation he owes to another or (ii) violate any law, recognized ethics standard or recognized business custom. 

12. OFFICERS AND DIRECTORS INDEMNIFICATION PROVISIONS. To the extent Executive serves as a Company and/or Affiliate officer
or director, Executive shall be entitled to insurance under Company’s directors’ and officers’ indemnification policies comparable to any such insurance covering executives of the applicable entity serving in similar capacities.
Further, the Company’s bylaws shall contain provisions granting to Executive the maximum indemnity protection allowed under applicable law and the Company hereby agrees to indemnify and hold harmless Executive in accordance with such maximum
indemnity protection allowed under applicable law. 
 13. NOTICES. All notices, requests, demands and other
communications required or permitted to be given in writing pursuant to this Agreement shall be deemed given and received: (i) upon delivery if delivered personally; (ii) on the fifth (5th) day after being deposited with the U.S.
Postal Service if mailed by first class mail, postage prepaid, registered or certified with return receipt requested, at the addresses set forth below; (iii) on the next day after being deposited with a reliable overnight delivery service; or
(iv) upon receipt of an answer back confirmation, if transmitted by telefax, addressed to the below indicated telefax number. Notice given in another manner shall be effective only if and when received by the addressee. For purposes of notice,
the addresses and telefax number (if any) of the parties shall be as follows: 
  

			
	If to the Executive, to:	  	Kevin Gordon
		  	134 Waverly Lane
		  	Harleysville, Pennsylvania 19438
		
	If to the Company, to:	  	Quintiles Transnational Corp.
		  	4820 Emperor Blvd.
		  	Durham, North Carolina 27703
		  	Attn: General Counsel

 provided that: (A) each party shall have the right to change its address for notice, and the person who is to
receive notice, by the giving of fifteen (15) days’ prior written notice to the other party in the manner set forth above; and (B) notices shall be effective if given to the other party in the manner set forth above regardless of
whether a copy was received by the additional addressee specified above. 

  
 13 

 14. WAIVER OF BREACH. The Company’s or Executive’s waiver of any
breach of a provision of this Agreement shall not waive any subsequent breach by the other party. 
 15. ENTIRE
AGREEMENT. Except as expressly provided in this Agreement, this Agreement: (i) supersedes all other understandings and agreements, oral or written, between the parties with respect to the subject matter of this Agreement; and
(ii) constitutes the sole agreement between the parties with respect to this subject matter. Each party acknowledges that: (A) no representations, inducements, promises or agreements, oral or written, have been made by any party or by
anyone acting on behalf of any party, which are not embodied in this Agreement; and (B) no agreement, statement or promise not contained in this Agreement shall be valid. No change or modification of this Agreement shall be valid or binding
upon the parties unless such change or modification is in writing and is signed by the parties. 
 16.
SEVERABILITY. If a court of competent jurisdiction holds that any provision or sub-part thereof contained in this Agreement is invalid, illegal or unenforceable, that invalidity, illegality or unenforceability shall not affect any other
provision in this Agreement. Additionally, if any of the provisions, clauses or phrases in the Trade Secrets, Confidential Information, Company Property or Competitive Business Activities provisions set forth in this Agreement are held unenforceable
by a court of competent jurisdiction, then the parties desire that they be “blue-penciled” or rewritten by the court to the extent necessary to render them enforceable. 

17. PARTIES BOUND. The terms, provisions, covenants and agreements contained in this Agreement shall apply to, be binding
upon and inure to the benefit of the Company’s successors and assigns. The Company, at its discretion, may assign this Agreement to an affiliate or a successor. Because this Agreement is personal to Executive, Executive may not assign this
Agreement. 
 18. GOVERNING LAW. This Agreement and the employment relationship created by it shall be governed by
North Carolina law without giving effect to North Carolina choice of law provisions. The parties hereby consent to jurisdiction in North Carolina for the purpose of any litigation relating to this Agreement. 

19. SECTION 409A OF THE INTERNAL REVENUE CODE. The parties intend that the provisions of this Agreement comply with the
Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder (collectively, “Section 409A”) and all provisions of this Agreement shall be construed in a manner consistent with the requirements for
avoiding taxes or penalties under Section 409A. If any provision of this Agreement (or of any award of compensation, including equity compensation or benefits) would cause Executive to incur any additional tax or interest under
Section 409A, the Company shall, upon the specific request of Executive, use its reasonable business efforts to in good faith reform such provision to comply with Code Section 409A; provided, that to

  
 14 

 
the maximum extent practicable, the original intent and economic benefit to Executive and the Company of the applicable provision shall be maintained, and the Company shall have no obligation to
make any changes that could create any additional economic cost or loss of benefit to the Company. The Company shall timely use its reasonable business efforts to amend any plans and programs in which Executive participates to bring it in compliance
with Section 409A. Notwithstanding the foregoing, the Company shall have no liability with regard to any failure to comply with Section 409A so long as it has acted in good faith with regard to compliance therewith. 

19.1 Separation from Service. A termination of employment shall not be deemed to have occurred for purposes of any
provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination also constitutes a “Separation from Service” within the meaning of Section 409A
and, for purposes of any such provision of this Agreement, references to a “termination,” “termination of employment,” “separation from service” or like terms shall mean Separation from Service. 

19.2 Separate Payments. Each installment payment required under this Agreement shall be considered a separate
payment for purposes of Section 409A. 
 19.3 Delayed Distribution to Key Employees. If the Company
determines in accordance with Sections 409A and 416(i) of the Code and the regulations promulgated thereunder, in the Company’s sole discretion, that Executive is a Key Employee of the Company on the date his employment with the Company
terminates and that a delay in benefits provided under this Agreement is necessary to comply with Code Section 409A(A)(2)(B)(i), then any severance payments and any continuation of benefits or reimbursement of benefit costs provided by this
Agreement, and not otherwise exempt from Section 409A, shall be delayed for a period of six (6) months following the date of termination of Executive’s employment (the “409A Delay Period”). In such event, any severance
payments and the cost of any continuation of benefits provided under this Agreement that would otherwise be due and payable to Executive during the 409A Delay Period shall be paid to Executive in a lump sum cash amount in the month following the end
of the 409A Delay Period. For purposes of this Agreement, “Key Employee” shall mean an employee who, on an Identification Date (“Identification Date” shall mean each December 31) is a key employee as defined in
Section 416(i) of the Code without regard to paragraph (5) thereof. If Executive is identified as a Key Employee on an Identification Date, then Executive shall be considered a Key Employee for purposes of this Agreement during the period
beginning on the first April 1 following the Identification Date and ending on the following March 31. 
 20.
COUNTERPARTS. This Agreement may be executed in counterparts, each of which shall be an original, with the same effect as if the signatures affixed thereto were upon the same instrument. 

  
 15 

 21. APPROVAL. This Agreement is not valid unless and until it is
approved by the Board of Directors of the Company. 
 [Signatures on Following Page] 

  
 16 

 IN WITNESS WHEREOF, the parties have entered into this Agreement on the day and year first
written above. 
  

			
	Executive Signature	 	 /s/ Kevin K. Gordon

 

			
	Date	 	 July 20, 2010

  

			
	Quintiles Signature	 	 /s/ Kathryn F. Twiddy

 

			
	Name & Title	 	
Kathryn F. Twiddy, VP, Sr Assoc 
GC

  

			
	Date	 	 7/29/10

  
 17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}]]