Document:

EX-10.1

 Exhibit 10.1 
 FORM OF 
 NORTH AMERICAN FINANCIAL HOLDINGS, INC. 

2010 EQUITY INCENTIVE PLAN 
 NONQUALIFIED STOCK OPTION AGREEMENT 
 THIS OPTION AGREEMENT (this
“Agreement”), dated as of May     , 2013 (the “Grant Date”), is made by and between Capital Bank Financial Corp. (formerly North American Financial Holdings, Inc.), a Delaware corporation (the
“Company”), and                      (“Participant”). 

WHEREAS, the Company has adopted the North American Financial Holdings, Inc. 2010 Equity Incentive Plan (the
“Plan”), pursuant to which nonqualified stock options may be granted to purchase shares of the Company’s common stock, par value $0.01 per share (“Common Stock”); and 

WHEREAS, the Committee determined that it is in the best interests of the Company and its shareholders to grant Participant non
qualified stock options on the terms and subject to the conditions set forth in this Agreement and the Plan. 
 NOW,
THEREFORE, for and in consideration of the promises and the covenants of the parties contained in this Agreement, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, for themselves,
their successors and assigns, hereby agree as follows: 
 1. Grant of Option. 

(a) Grant. The Company hereby grants to Participant a nonqualified stock option (the “Option” and any portion
thereof, the “Options”) to purchase                  shares of Common Stock (such shares of Common Stock, the “Shares”), on the terms
and conditions set forth in this Agreement and as otherwise provided in the Plan. The Option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code. 

(b) Incorporation by Reference, Etc. The provisions of the Plan are hereby incorporated herein by reference. Except as otherwise
expressly set forth herein, this Agreement shall be construed in accordance with the provisions of the Plan and any capitalized terms not otherwise defined in this Agreement shall have the definitions set forth in the Plan. 

2. Option; Option Price. 
 (a) Option Price. The option price, being the price at which Participant shall be entitled to purchase the Shares upon the exercise of all or any of the Options, shall be
                 per Share (the “Option Price”). 
 (b) Payment of the Option Price. The Option may be exercised only by written notice, substantially in the form provided by the Company, delivered in person or by mail in accordance with
Section 10(c) hereof and accompanied by payment of the Option Price. The Option Price shall be payable in cash, or, to the extent permitted by the Committee, by any of the other methods permitted under Section 7(b) of the Plan. 

 3. Vesting. Except as may otherwise be provided herein, the Option shall vest and
become exercisable (any Options that shall have become vested and become exercisable pursuant to this Section 3, the “Vested Options”) according to the following provisions, subject to Participant’s continued employment
with the Company as of any such date: 
 (a) General Vesting. (i) One-half of the Options shall become Vested
Options on the first anniversary of the Grant Date, and (ii) the remaining one-half of the Options shall become Vested Options on the second anniversary of the Grant Date. 

(b) Termination of Service. Except as provided in any individual employment or severance agreement between Participant and the
Company, in the event that Participant incurs a Termination of Service, unvested Options shall be forfeited by Participant without consideration. 
 4. Termination. 
 (a) The Option shall automatically terminate and shall
become null and void, be unexercisable and be of no further force and effect upon the earliest of: 
 (i) the tenth anniversary
of the Grant Date; 
 (ii) the first anniversary following Participant’s Termination of Service, in the case of a
Termination of Service due to death or Disability; 
 (iii) the 180th day following Participant’s Termination of Service without
Cause or for Good Reason; and 
 (iv) the day of Participant’s Termination of Service in the case of a Termination of
Service for Cause or without Good Reason. 
 (b) Notwithstanding the provisions of Section 4(a) to the contrary, in the
event of Participant’s Termination of Service for any reason (other than due to a Termination of Service for Cause) during the two-year period following a Change in Control, the Option shall remain outstanding and exercisable until the earlier
of (i) the tenth anniversary of the Grant Date and (ii) the fifth anniversary of such Termination of Service. 
 (c)
Except as otherwise provided in the Plan and Section 3(b) of this Agreement, upon a Termination of Service for any reason, any unvested Options shall immediately terminate and be forfeited on the date the Termination of Service occurs.

 5. Compliance with Legal Requirements. The grant and exercise of the Option, and any other obligations of the Company
under this Agreement shall be subject to all applicable federal and state laws, rules and regulations and to such approvals by any regulatory or governmental agency as may be required. The Committee, in its sole discretion, may postpone the issuance
or delivery of Shares as the Committee may consider appropriate and may 

  
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require Participant to make such representations and furnish such information as it may consider appropriate in connection with the issuance or delivery of the Shares in compliance with
applicable laws, rules and regulations. 
 6. Transferability. The Option may not be assigned, alienated, pledged,
attached, sold or otherwise transferred or encumbered by Participant other than by will or by the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and
unenforceable against the Company, its Subsidiary or Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. The Option and any Shares
received upon exercise thereof shall be subject to the restrictions set forth in the Plan and this Agreement. 
 7.
Adjustment. In the event of any event described in Section 13 of the Plan occurring after the Grant Date, the adjustment provisions as provided for under Section 13 of the Plan shall apply to the Option. 

8. Change in Control. In the event of a Change in Control of the Company occurring after the Grant Date, the provisions set forth
in Section 14 of the Plan shall apply to the Option. 
 9. Tax Withholding. As a condition to exercising the Option,
in whole or in part, Participant will pay to the Company, or, pursuant to Section 12(d) of the Plan, make provisions satisfactory to the Company for payment of, any federal, state or local tax laws in respect of the exercise or the transfer of
the Shares. Participant may elect to have any withholding obligation satisfied by surrendering to the Company a portion of the Shares that is issued or transferred to Participant upon the exercise of any Options (but only to the extent of the
minimum withholding required by law) and the Shares so surrendered by Participant shall be credited against any such withholding obligation at the Fair Market Value of such Shares on the date of such surrender (and the amount equal to the Fair
Market Value of such Shares shall be remitted to the appropriate tax authorities). 
 10. Miscellaneous. 

(a) Confidentiality of this Agreement. Participant agrees to keep confidential the terms of this Agreement, unless and until such
terms have been disclosed publicly other than through a breach by Participant of this covenant. This provision does not prohibit Participant from providing this information on a confidential and privileged basis to Participant’s attorneys or
accountants for purposes of obtaining legal or tax advice or as otherwise required by law. 
 (b) Waiver and Amendment.
The Committee may waive any conditions or rights under, or amend any terms of, this Agreement and the Option granted thereunder; provided that any such waiver or amendment that would impair the rights of any Participant or any holder or
beneficiary of any Option theretofore granted shall not to that extent be effective without the consent of Participant. No waiver of any right hereunder by any party shall operate as a waiver of any other right, or as a waiver of the same right with
respect to any 

  
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subsequent occasion for its exercise, or as a waiver of any right to damages. No waiver by any party of any breach of this Agreement shall be held to constitute a waiver of any other breach or a
waiver of the continuation of the same breach. 
 (c) Notices. All notices, demands and other communications provided for
or permitted hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt requested, facsimile, courier service or personal delivery: 

if to the Company: 
 Capital Bank Financial Corp. 
 121 Alhambra Plaza, Suite 1601 

Coral Gables, Florida 33134 
 Facsimile: (704) 554-6909 
 Attention: Christopher G. Marshall 

if to Participant: at the address last on the records of the Company 
 All such notices, demands and other communications shall be deemed to have been duly given when delivered by hand, if personally delivered; when delivered by courier, if delivered by commercial courier
service; five business days after being deposited in the mail, postage prepaid, if mailed; and when receipt is mechanically acknowledged, if by facsimile. 
 (d) Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, and each other
provision of this Agreement shall be severable and enforceable to the extent permitted by law. 
 (e) No Rights to
Service. Nothing contained in this Agreement shall be construed as giving Participant any right to be retained, in any position, as an employee, consultant or director of the Company or its Affiliates or shall interfere with or restrict in any
way the right of the Company or its Affiliates, which is hereby expressly reserved, to remove, terminate or discharge Participant at any time for any reason whatsoever. 
 (f) Beneficiary. Participant may file with the Company a written designation of a beneficiary on such form as may be prescribed by the Committee and may, from time to time, change or revoke such
designation by filing a new designation with the Company. The last such designation received by the Company shall be controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless
received by the Company prior to Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by Participant, the beneficiary shall be deemed to be his spouse or, if
Participant is unmarried at the time of death, his estate. 
 (g) Successors. The terms of this Agreement shall be
binding upon and inure to the benefit of the Company, its successors and assigns, and of Participant and the beneficiaries, executors, administrators, heirs and successors of Participant. 

  
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 (h) Entire Agreement. This Agreement and the Plan contain the entire agreement and
understanding of the parties hereto with respect to the subject matter contained herein and supersede all prior communications, representations and negotiations with respect thereto. Notwithstanding anything to the contrary in any employment
agreement between the Participant and the Company (the “Employment Agreement”), Participant acknowledges and agrees that the terms of the Option shall be governed by this Agreement, rather than the relevant provisions of the
Employment Agreement and, in the event of a conflict between the Employment Agreement and this Agreement, this Agreement shall control. If requested by the Company, Participant agrees that he shall enter into any such amendments to the Employment
Agreement as may be necessary to reflect and effectuate the foregoing. 
 (i) Bound by the Plan. By signing this
Agreement, Participant acknowledges that he has received a copy of the Plan and has had an opportunity to review the Plan and agrees to be bound by all the terms and provisions of the Plan. 

(j) Governing Law. This Agreement shall be construed and interpreted in accordance with the internal laws of the State of Delaware
without regard to principles of conflicts of law thereof, or principles of conflicts of laws of any other jurisdiction that could cause the application of the laws of any jurisdiction other than the State of Delaware. 

(k) Headings. The headings of the Sections hereof are provided for convenience only and are not to serve as a basis for
interpretation or construction and shall not constitute a part of this Agreement. 
 (l) Signature in Counterparts. This
Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 [Remainder of page intentionally left blank; signature page to follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement. 

 

			
	CAPITAL BANK FINANCIAL CORP.
	
	  

	By:	 	R. Eugene Taylor
	Title:	 	Chief Executive Officer
	
	PARTICIPANT
	
	  

 [Signature Page to Nonqualified Stock Option Agreement]EX-10.80

 Exhibit 10.80 
 AMENDED & RESTATED 
 CHANGE IN CONTROL AGREEMENT 

This Agreement made this 6th day of May, 2013 by and between
                     (“Executive”) and Koppers Holdings Inc. (the “Company”). 

WHEREAS, the Company considers it essential to the best interests of its stockholders to foster the continuous employment of
certain key management personnel of the Company and its affiliates; and 
 WHEREAS, the Board of Directors of the Company
(the “Board”) recognizes that the possibility of a change in control of the Company exists and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of
management personnel to the detriment of the Company and its stockholders; and 
 WHEREAS, the Board has determined that
appropriate steps should be taken to reinforce and encourage the continued attention and dedication of certain members of the management of the Company and its affiliates to their assigned duties without distraction in the face of potentially
disturbing circumstances arising from the possibility of a change in control of the Company; and 
 WHEREAS, the Company
and Executive entered into a Change in Control Agreement dated                      (the “Original CIC Agreement”); and 

WHEREAS, the Company and Executive entered into Amendment No. 1 to the Original CIC Agreement on
                    ; and 
 WHEREAS, the Company and Executive entered into Amendment No. 2 to the Original CIC Agreement on
                    ; and 
 WHEREAS, the Company and Executive desire to amend and restate the Original CIC Agreement and any amendments thereto in their entirety. 

NOW THEREFORE, in consideration of the mutual covenants contained herein, and intending to be legally bound hereby, the parties
agree as follows: 
  

	 	1.	 Term of Agreement. The term of this Agreement (the “Term”) shall commence as of
                     and shall continue in effect until May 31, 2007; provided, however, that as of May 31, 2007, and each
May 31st thereafter, the Term shall automatically be
extended for one additional year unless, at least ninety (90) days prior to such renewal date either the Company or Executive shall have given notice to the other that such party does not wish to extend the Term; and provided further, however,
that if a Change in Control (as hereinafter defined) shall have occurred during the original or any extended Term, the Term shall continue for a period of not less than twenty-four (24) months following the month in which such Change in Control
occurred. 

	 	2.	Change in Control. 

  

	 	a.	Definition. For purposes of this Agreement, a “Change in Control of the Company” shall be deemed to have occurred upon the first to occur of the
following events: 

  

	 	i.	any person, or more than one person acting as a group, acquires ownership of stock of the Company that, together with the stock held by such person or group, represents
a majority of the total voting power of the stock of the Company (“Change in Ownership”); or, 

  

	 	ii.	during any twelve month period, a majority of the Company’s Board is replaced by new directors whose appointment or election is not endorsed by a majority of the
Company’s Board (“Change in Effective Control”); or, 

  

	 	iii.	during any twelve month period, any one person, or more than one person acting as a group, acquires assets from the Company having a total fair market value equal to or
more than one-third (1/3) of the total fair market value of all of the assets of the Company immediately prior to such acquisition(s) and Executive is employed in the business which relates to the assets transferred (“Change in Ownership
of Substantial Assets”); notwithstanding the preceding, a Change in Ownership of Substantial Assets does not occur when assets are transferred to (i) a shareholder in exchange for stock; (ii) an entity that is at least fifty
(50%) percent owned, directly or indirectly, by the Company; (iii) a person, or more than one person acting as a group, that owns at least fifty (50%) percent of the total value or voting power of the stock of the Company; or,
(iv) an entity that is at least fifty (50%) percent owned by a person, or more than one person acting as a group, that owns at least fifty (50%) percent of the total value or voting power of the stock of the Company; or,

  

	 	iv.	the Company’s termination of its business and liquidation of its assets; or, 

 

	 	v.	the reorganization, merger or consolidation of the Company into or with another person or entity, by which reorganization, merger or consolidation the shareholders of
the Company receive less than fifty percent (50%) of the outstanding voting shares of the new or continuing corporation. 

 For purposes of the preceding Change in Ownership, Change in Effective Control and Change in Ownership of Substantial Assets, persons are considered to be acting as a group when such persons are owners of
an entity that enters into a merger, consolidation, purchase or acquisition of stock, or a similar business transaction with the Company. Persons are not considered to be acting as a group merely because such persons happen to purchase or own stock
of the Company at the same time or as a result of the same public offering. 

  
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	 	b.	Termination Following Change in Control. Executive shall be entitled to the benefits provided in subsection (c) below if any of the events, described in
Section 2(a) constituting a Change in Control of the Company shall have occurred, and: 

  

	 	i.	Executive terminates Executive’s employment upon 30 days’ written notice after being required to relocate Executive’s primary office to a location
greater than 50 miles from the then current location of Executive’s office or Executive terminates Executive’s employment upon 30 days’ written notice after a material reduction in Executive’s duties, responsibilities or
compensation (unless the Company either revokes such relocation requirement or revokes such material reduction in Executive’s duties, responsibilities or compensation, as the case may be, during the period beginning on the date of
Executive’s written notice of termination and ending 30 days thereafter); or 

  

	 	ii.	The Company or its affiliates, as the case may be, terminates Executive’s employment for any reason other than for Cause (as defined below) or by reason of
Executive’s Disability (as defined below); 

 Provided, however, that such termination, whether
pursuant to Section 2(b)(i) or 2(b)(ii) above, shall have occurred (x) during the two-year period following such Change in Control; or (y) prior to the date on which a Change in Control of the Company occurs, if it can be reasonably
demonstrated by Executive that such termination of employment was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or otherwise arose in connection with or anticipation of a Change in Control.

  

	 	c.	Compensation Upon Termination—In the event that a termination of employment of Executive occurs under the circumstances set forth in Section 2(b)
above: 

  

	 	i.	No later than the fifth day following the date of termination, the Company shall pay to Executive his or her full base salary through the date of termination at the
rate in effect at the time notice of termination is given; 

  

	 	ii.	In lieu of any further salary payments to Executive for periods subsequent to the date of termination, the Company shall pay as severance pay to Executive, at the time
specified in subsection (d) below, a lump sum severance payment (the “Severance Payment”) equal to two times Executive’s annual Base Salary as in effect as of the date of termination or immediately prior to the Change in Control
of the Company, whichever is greater; 

  
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	 	iii.	In lieu of any payments under the executive incentive plan or other bonus plan in effect for the year in which Executive’s date of termination occurs, the Company
shall pay Executive, at the time specified in subsection (d) below, a pro rata portion of all contingent awards granted under such plans for all uncompleted periods, assuming for this purpose that the amount of each award that would have been
paid upon completion of such period would equal the average of the payments from the executive incentive plan for the previous two (2) years, and basing such pro rata portion upon the portion of the award period that has elapsed as of the date
of termination; 

  

	 	iv.	For a twenty-four (24) month period or for the term of this Agreement, whichever is later, the Company shall arrange to provide Executive with life, disability,
accident and group health insurance benefits substantially similar to those which Executive was receiving immediately prior to the notice of termination (or, in the Company’s discretion, the monetary equivalent of such benefits, payable on a
monthly basis). Benefits otherwise receivable by Executive pursuant to this paragraph (iv) shall be reduced to the extent comparable benefits are actually received by Executive during the twenty-four (24) month period following
Executive’s termination, and any such benefits actually received by Executive shall be reported to the Company; and 

  

	 	v.	The Company’s obligations to indemnify and defend Executive with respect to matters arising out of Executive’s performance during the Term shall continue
after Executive’s termination to the same extent that they existed prior to such termination. The Company will, at all times, maintain in force and effect Directors and Officers Liability Insurance. 

 

	 	d.	Except as provided in subsection (f) hereof, the payments provided for in subsections (c) (ii) and (iii), above, shall be made no later than the fifth
day following the date of termination; provided, however, that if the amounts of such payments cannot be finally determined on or before such day, the Company shall pay to Executive on such day an estimate, as determined in good faith by the
Company, of the minimum amount of such payments and shall pay the remainder of such payments (together with interest at the rate provided in section 1274(b)(2)(B) of the Internal Revenue Code as amended (the “Code”)) as soon as the amount
thereof can be determined, but in no event later than the thirtieth day after the date of termination. In the event that the amount of the estimated payments exceeds the amount subsequently determined to have been due, such excess shall constitute a
loan by the Company to Executive, payable on the fifth day after demand by the Company (together with interest at the rate provided in section 1274 (b)(2)(B) of the Code). 

  
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	 	e.	Except as provided in subsection (c)(v) hereof, Executive shall not be required to mitigate the amount of any payment provided for in this Section by seeking other
employment or otherwise, nor shall the amount of any payment or benefit provided for in this Section 2 be reduced by any compensation earned by Executive as the result of employment by another employer, by retirement benefits, by offset against
any amount claimed to be owed by Executive to the Company, or otherwise. 

  

	 	f.	Notwithstanding the provisions of this Section 2, in no event shall the aggregate present value of “parachute payments” as defined in Section 280G
of the Code, exceed three times Executive’s “base amount”, as defined in Section 280G(b)(3) of the Code. If the preceding limitation is exceeded, then Executive’s payments and benefits in this Section 2 shall be reduced
to the extent necessary to cause the total payments and “parachute payments” to comply with the limitation. 

  

	 	g.	Executive’s entitlement to the benefits set forth in Sections 2(c)(ii), (iii), (iv) and (v) shall be conditioned upon Executive executing and delivering
a release satisfactory to the Company releasing the Company and its affiliates and persons employed by such entities from any and all claims, demands, damages, actions and/or causes of action whatsoever, which Executive may have had on account of
the termination of Executive’s employment, including, but not limited to claims of discrimination, including on the basis of sex, race, age, national origin, religion, or handicapped status (with all applicable periods during which Executive
may revoke the release or any provision thereof having expired), and any and all claims, demands and causes of action under any retirement or welfare benefit plan of the Company (as defined in the Employee Retirement Income Security Act of 1974, as
amended), other than under the Company’s 401(k) plan and the Qualified Plan, severance or other termination pay. Such release shall not, however, apply to the ongoing obligations of the Company arising under this Agreement, or any rights of
indemnification Executive may have under the Company’s policies or by contract or by statute. 

Notwithstanding anything to the contrary herein, including in subsection (d), in the case of payments or benefits under this Agreement
that are or may be deferred compensation subject to Internal Revenue Code Section 409A and are subject to an effective release as set forth above, where the period for execution and non-revocation of the release spans more than one calendar
year, no such payment or benefit shall be made or provided any earlier than the beginning of the second calendar year. In no event may Executive, directly or indirectly, designate the calendar year of payment. 

  
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	 	3.	Successors; Binding Agreement. 

  

	 	a.	The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or
assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement,
“Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise. 

 

	 	b.	This Agreement shall inure to the benefit of and be enforceable by Executive and Executive’s personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees. If Executive should die while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in
accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to Executive’s estate. 

 

	 	4.	Notice. For the purpose of this Agreement, notices and all other communications provided for in this Agreement shall be in writing and shall be deemed to have
been duly given when delivered or mailed by United States certified or registered mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth on the signature page of this Agreement, provided that all notices to
the Company shall be directed to the attention of the Board with a copy to the Secretary of the Company, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of
address shall be effective only upon receipt. 

  

	 	5.	Miscellaneous. No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing and
signed by Executive and such officer of the Company as may be specifically designated by the Board. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this
Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, express or implied, with
respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement. The validity interpretation, construction and performance of this Agreement shall be governed by the laws of the Commonwealth of
Pennsylvania without regard to its conflicts of law principles. Any payments provided for hereunder shall be paid net of any applicable withholding required under federal, state or local law. The obligations of the Company under Section 2 shall
survive the expiration of the term of this Agreement. 

  
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	 	6.	Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute
one and the same instrument. 

  

	 	7.	Definitions. 

  

	 	a.	Cause. Termination by the Company of Executive’s employment for “Cause” shall mean termination (a) upon the willful and continued failure by
Executive to substantially perform Executive’s duties with the Company or its affiliates, as the case may be, (other than any such failure resulting from Executive’s incapacity due to physical or mental illness), after a written demand for
substantial performance is delivered to Executive by the Chief Executive Officer, which demand specifically identifies the manner in which the Chief Executive Officer believes that Executive has not substantially performed Executive’s duties,
and Executive is given a reasonable opportunity to remedy such identified failure to perform, or (b) the willful engaging by Executive in conduct which is demonstrably and materially injurious to the Company or its affiliates, as the case may
be, monetarily or otherwise. For purposes of this subsection, no act, or failure to act, on Executive’s part shall be deemed “willful” unless done, or omitted to be done, by Executive not in good faith and without reasonable belief
that Executive’s action or omission was in the best interest of the Company or its affiliates, as the case may be. 

  

	 	b.	Disability. If, as a result of Executive’s incapacity due to physical or mental illness, Executive shall have been absent from the full-time performance of
Executive’s duties with the Company for at least six (6) consecutive months out of the previous twelve (12) months, and within thirty (30) days after written notice of termination is given to Executive by the Company or its
affiliates shall not have returned to the full-time performance of Executive’s duties, Executive’s employment shall be deemed terminated for “Disability.” 

 

	 	8.	Dispute Resolution. 

  

	 	a.	Negotiation. If a dispute or controversy arises under or in connection with this Agreement, the parties agree first to try in good faith to settle the dispute or
controversy. Any party may initiate the negotiation process by written notice to the others, identifying the dispute or controversy and the desire for negotiation. 

 

	 	b.	 Arbitration. If the parties have not resolved the dispute or controversy by direct negotiations within thirty (30) days of such notice, any
party may initiate arbitration as herein provided. All disputes or controversies arising under or in connection with this Agreement which are not resolved by negotiation shall be decided by arbitration in accordance with the Employment Dispute
Resolution Rules of the American Arbitration Association, provided, however, that any such arbitration shall be before a single arbitrator selected by agreement of the parties. Judgment upon the award or decision of the arbitrator may be entered and
enforced in any court of competent jurisdiction. In the event that the parties cannot agree upon the selection of an arbitrator, 

  
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the parties agree that the American Arbitration Association in Pittsburgh, Pennsylvania will select the arbitrator. Notwithstanding the foregoing to the contrary, a party shall not be prohibited
or precluded from seeking equitable relief in a court of competent jurisdiction without first resorting to the dispute resolution provisions of this Section 9 in circumstances in which a party’s interests or property will otherwise be
compromised. It is specifically intended by the parties that if any equitable relief is granted by an arbitrator, said relief may be enforced in any court of competent jurisdiction. The forum of such arbitration shall be in Pittsburgh, Pennsylvania
to the exclusion of all other jurisdictions. 

  

	 	c.	Notice of Decision. The arbitrator shall promptly notify the parties in writing of the decision, together with the amount of any dispute resolution costs arising
with respect thereto (the “Notice of Decision”). The Notice of Decision need not contain an explanation of the decision or grounds thereof. 

  

	 	d.	Costs and Fees. All dispute resolution costs, which shall include any fee for the arbitrator for services rendered shall be borne by the Company. Each party is
to pay its own counsel fees and expenses. 

  

	 	9.	Severability and Reformation. The provisions of this Agreement shall be deemed to be divisible so that in the event that any of the provisions of this Agreement
shall be held to be invalid or unenforceable in whole or in part, those provisions to the extent enforceable and all other provisions shall nevertheless continue to be valid and enforceable as though the invalid or unenforceable parts had not been
included in this Agreement. In the event that any provision of this Agreement (including, but not limited to, any provision related to a time period, geographical area or scope of restriction) shall be declared by a court of competent jurisdiction
to exceed the maximum limitations or restrictions such court deems reasonable and enforceable, then such provision shall be deemed modified and reformed so as to be valid and enforceable to the maximum extent lawfully permitted.

  

	 	10.	Entire Agreement. This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein, and supersedes all
prior agreements, promises, covenants, arrangements, communications, representations or warranties; whether oral or written, by any officer, employee or representative of any party hereto; and any prior agreement of the parties hereto in respect of
the subject matter contained herein is hereby terminated and canceled. 

  

	 	11.	Compliance with Code Section 409A. 

  

	 	a.	The terms of this Agreement are intended to, and shall be interpreted and applied so as to, comply in all respects with the provisions of Internal Revenue Code
Section 409A and regulations and rulings thereunder. The terms of this Agreement may be amended or modified at any time and in any respect by the Company if and to the extent recommended by counsel in order to conform to the requirements of
Internal Revenue Code Section 409A and regulations and rulings thereunder. 

  
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	 	b.	Notwithstanding any provision of this Agreement to the contrary, in the event that Executive is a “specified employee” within the meaning of Internal Revenue
Code Section 409A(a)(2)(B)(i), no payment under this Agreement may be made, or may commence, before the date which is 6 months after the date of Executive’s “separation from service” within the meaning of Internal Revenue Code
Section 409A(a)(2)(B)(i) (or, if earlier, the date of the Executive’s death) if and to the extent such payment is a payment of “deferred compensation” subject to Internal Revenue Code Section 409A. 

 

	 	12.	Confidential information. 

  

	 	a.	Executive agrees and understands that Executive has been and will be exposed to and receive certain confidential information of the Company and its affiliates,
including, but not limited to: technical information; business and marketing plans; strategies; customer information; product information; pricing information and policies; promotions; developments; financing plans; business policies and practices;
processes; techniques; methodologies; formulae; processes; compilations of information; research materials; software (source and object code); algorithms; computer processing systems; drawings; proposals; job notes; reports; records; specifications;
inventions; discoveries; improvements; innovations; designs; ideas; trade secrets; proprietary information; manufacturing, packaging, advertising, distribution, and sales methods; sales and profit figures; and client and client lists and other forms
of information considered by the Company or its affiliates to be confidential and in the nature of a trade secret (hereinafter all referred to as “Confidential Information”). Executive acknowledges that the Confidential Information is a
valuable and unique asset of the Company and hereby covenants that both during and after Executive’s employment, Executive shall keep such Confidential Information confidential and shall not disclose such information, either directly or
indirectly, to any third person or entity without the prior written consent of a duly authorized representative of the Company. Further, Executive agrees that Executive will not use any Confidential Information for any purpose (including, but not
limited to, use for Executive’s own benefit or for the benefit of a third party) other than for purposes authorized by the Company or its affiliates and for the benefit of the Company and/or its affiliates. The parties agree that any
Confidential Information that was disclosed or provided to Executive by the Company or its affiliates prior to the effective date of this Agreement was intended to be and shall be subject to the terms and conditions of this Agreement. Executive
agrees that this confidentiality covenant has no temporal or territorial restriction. The obligation of confidentiality imposed herein shall not apply: (i) to information that is now or hereafter becomes publicly known or generally known in the
Company’s industry other than as a result of Executive’s breach of Executive’s obligations hereunder and (ii) to information that is required to be disclosed by applicable laws, governmental regulations or judicial or regulatory
process; provided, however, in such event, that Executive may disclose such information only to the extent required and shall give at least fifteen (15) days’ prior written notice to the Company of the requirement to disclose such
information to the extent practicable under the circumstances. 

  
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	 	13.	Original Change-in-Control Agreement  

  

	 	a.	The parties understand and agree that (i) this Agreement is intended to and shall replace the Original CIC Agreement and any amendments thereto in all respects and
(ii) the Original CIC Agreement and any amendments thereto are hereby terminated. 

 IN WITNESS
WHEREOF, the parties hereto have executed and delivered this Agreement as of the day and year first above written. 
  

					
	 THE COMPANY:
	    	EXECUTIVE:	  	
			
	  
 Signature
	    	  
 Signature
	  	
			
	  
 Name
	    	  
 Name
	  	
			
	  
 Title
	    	  
 Title
	  	
			
	  
 Address
	    	  
 Address
	  	
			
	  
 Address
	    	  
 Address
	  	

  
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