Document:

EX-4.2

  

Exhibit 4.2 

REGISTRATION RIGHTS AGREEMENT 

by and among 
 ASSURANT,
INC. 
 and 
 THE
TPG STOCKHOLDERS 
  
  

Dated as of May 31, 2018 
  

 
  

 

 Table of Contents 

 

							
	 	  	 	  	Page	 
	 Section 1.
	  	Definitions	  	 	1	 
			
	 Section 2.
	  	Registration Rights	  	 	5	 
			
	            (a)
	  	Shelf Registration Statement	  	 	5	 
	            (b)
	  	Right to Request Shelf Take-Down	  	 	5	 
	            (c)
	  	Demand Registration Statement If Shelf Registration Statement Unavailable	  	 	6	 
	            (d)
	  	Limitations on Demand Registrations	  	 	7	 
	            (e)
	  	Piggyback Registration	  	 	7	 
	            (f)
	  	Selection of Underwriters; Right to Participate	  	 	7	 
	            (g)
	  	Priority of Securities Offered Pursuant to Demand Registrations and Shelf Take-Downs	  	 	7	 
	            (h)
	  	Priority of Securities Offered Pursuant to Piggyback Registration	  	 	8	 
	            (i)
	  	Postponement; Suspensions	  	 	8	 
	            (j)
	  	Holdback	  	 	9	 
			
	 Section 3.
	  	Registration Procedures	  	 	10	 
			
	 Section 4.
	  	Indemnification	  	 	14	 
			
	            (a)
	  	Indemnification by the Company	  	 	14	 
	            (b)
	  	Indemnification by the TPG Stockholders	  	 	15	 
	            (c)
	  	Notices of Claims, etc.	  	 	15	 
	            (d)
	  	Contribution	  	 	16	 
	            (e)
	  	No Exclusivity	  	 	17	 
			
	 Section 5.
	  	Covenants Relating to Rule 144	  	 	17	 
			
	 Section 6.
	  	Limitation on Subsequent Registration Rights	  	 	17	 
			
	 Section 7.
	  	Miscellaneous	  	 	17	 
			
	            (a)
	  	Termination; Survival	  	 	17	 
	            (b)
	  	Governing Law	  	 	17	 
	            (c)
	  	Consent to Jurisdiction; Venue; Waiver of Jury Trial	  	 	17	 
	            (d)
	  	Entire Agreement	  	 	18	 
	            (e)
	  	Amendments and Waivers	  	 	18	 
	            (f)
	  	Successors and Assigns	  	 	19	 
	            (g)
	  	Expenses	  	 	19	 
	            (h)
	  	Counterparts; Electronic Signature	  	 	19	 
	            (i)
	  	Severability	  	 	19	 
	            (j)
	  	Notices	  	 	19	 
	            (k)
	  	Specific Performance	  	 	20	 

  
 i 

 REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT, dated as of May 31, 2018 (this “Agreement”), is by and among Assurant, Inc., a
Delaware corporation (the “Company”), and the undersigned stockholders of the Company (such undersigned stockholders, the “TPG Stockholders”). 

RECITALS 
 WHEREAS,
pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of January 8, 2018 (the “Merger Agreement”), by and among the Company, Spartan Merger Sub, Ltd., a Bermuda exempted company and a wholly-owned
subsidiary of the Company (“Merger Sub”), TWG Holdings Limited, a Bermuda exempted company (“TWG”), TWG Re, Ltd., a corporation incorporated in the Cayman Islands (“TWG Re”) and Arbor Merger Sub,
Inc. a Delaware Corporation and a wholly-owned subsidiary of TWG (solely for purposes of Article III and Article VIII thereof), as amended by that certain letter agreement, dated as of the date hereof, by and among the Company, Merger Sub, TWG and
TWG Re, upon the Closing (as defined in the Merger Agreement), Merger Sub merged with and into TWG, with TWG surviving such merger as a wholly-owned subsidiary of the Company; 

WHEREAS, upon the Closing, the undersigned TPG Stockholders, being former shareholders of TWG, became entitled to receive a portion of
the Aggregate Consideration (as defined in the Merger Agreement), including a portion of the Aggregated Share Consideration Number (as defined in the Merger Agreement) which, as of the date hereof, based on the number of shares outstanding at May 3,
2018 as set forth in the Company’s Quarterly Report on Form 10-Q for the period ending March 31, 2018 and the shares issued in connection with the Closing, represents approximately fifteen and ninety-six hundredths percent (15.96%) of the
issued and outstanding shares of common stock, par value $0.01 per share, of the Company (the “Common Stock”); 

WHEREAS, concurrently with the execution and delivery of this Agreement, the Company and the TPG Stockholders are executing and
delivering a Stockholder Rights Agreement (the “Stockholder Rights Agreement”), which grants certain rights to the TPG Stockholders; and 

WHEREAS, the parties hereto desire to enter into this Agreement in order to grant the TPG Stockholders the registration rights
described herein. 
 NOW, THEREFORE, in consideration of the premises and of the mutual covenants and obligations hereinafter set
forth, and for other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

Section 1. Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Affiliate” shall mean a Person that directly, or indirectly through one or more intermediaries, controls or is controlled
by, or is under common control with, the Person specified; provided, however, that no portfolio company of the funds or managed investment accounts under common control with TPG Global, LLC shall be considered an Affiliate of any of
the TPG Stockholders. For purposes of this definition, “control” (including the terms “controlling,” “controlled by” and “under common control with”) shall mean the possession, direct or indirect, of the power
to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, or otherwise. 

  
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 “Agreement” has the meaning set forth in the Preamble. 

“Approved Underwriter List” shall mean the list of nationally recognized investment banking firms agreed to among the Company
and the TPG Stockholders as of the date hereof and as may be amended by the agreement of the Company and the TPG Stockholders, acting together. 

“Board” shall mean the Board of Directors of the Company. 

“Business Day” shall mean any day other than a Saturday, Sunday or other day on which commercial banks in New York, New York
are authorized or required by law or executive order to close. 
 “Common Stock” has the meaning set forth in the Recitals.

 “Company” has the meaning set forth in the Preamble. 

“Demand Registration” shall have the meaning set forth in Section 2(c). 

“Demand Registration Statement” shall have the meaning set forth in Section 2(c). 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended (or any corresponding provision of succeeding law),
and the rules and regulations thereunder. 
 “End of Suspension Notice” shall have the meaning set forth in
Section 2(i)(1). 
 “Full Cooperation” shall mean, in connection with any Substantial Marketing Efforts, in addition
to the other cooperation otherwise required by this Agreement, (a) members of senior management of the Company (including the principal executive officer and the principal financial officer) shall cooperate with the underwriter(s) in connection
therewith, and use their commercially reasonable efforts to make themselves available to participate in all of the marketing processes of the Substantial Marketing Efforts as recommended by the underwriter(s), and (b) the Company shall use its
commercially reasonable efforts to effect cooperation required in connection with Substantial Marketing Efforts. 
 “Holdback
Period” shall mean, with respect to any registered offering of equity securities of the Company, the period beginning ten (10) days before the anticipated effective date of the related Registration Statement and continuing until the
expiration of ninety (90) days (or such shorter period as the managing underwriter(s) permit) after the effective date of the related Registration Statement (except that, in the case of any such registered offering that is a Shelf Take-Down
from a Shelf Registration Statement, the Holdback Period shall be the period beginning ten (10) days before the anticipated pricing date in connection with such takedown and continuing until the expiration of ninety (90) days (or such
shorter period as the managing underwriter(s) permit) after such pricing date). 
 “Merger Agreement” has the meaning set
forth in the Recitals. 

  
 2 

 “Person” shall mean any natural person, corporation, limited partnership,
general partnership, limited liability company, joint stock company, joint venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, custodian,
trustee-executor, administrator, nominee or entity in a representative capacity and any government or agency or political subdivision thereof. 

“Piggyback Registration” shall have the meaning set forth in Section 2(e). 

“Piggyback Stockholder” shall have the meaning set forth in Section 2(e). 

“Prospectus” shall mean the prospectus included in any Registration Statement (including, without limitation, a prospectus
that discloses information previously omitted from a prospectus filed as part of an effective Registration Statement in reliance upon Rule 430A under the Securities Act), as amended or supplemented by any prospectus supplement or any issuer
free writing prospectus (as defined in Rule 433 under the Securities Act), with respect to the terms of the offering of any portion of the Registrable Securities covered by such Registration Statement, and all other amendments and supplements to the
Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in such prospectus. 

“Public Offering” shall mean a public offering and sale of equity securities for cash pursuant to an effective registration
statement under the Securities Act. 
 “Registrable Securities” shall mean any Shares or securities convertible,
exchangeable or exercisable into Shares held or beneficially owned as of the date hereof by the TPG Stockholders, including any securities acquired as a result of any reclassification, recapitalization, stock split or combination, exchange or
readjustment of such Shares or securities, or any stock dividend or stock distribution in respect of such Shares or securities; provided, however, such securities shall cease to be Registrable Securities on the earliest to occur of
(i) a Registration Statement with respect to the sale of such Registrable Securities shall have become effective under the Securities Act and such Registrable Securities shall have been disposed of in accordance with such Registration
Statement; (ii) such Registrable Securities shall have been sold in accordance with Rule 144; (iii) the TPG Stockholders and its Affiliates, in the aggregate, beneficially own less than three percent (3%) of the then outstanding Common
Stock and such Registrable Securities, in the reasonable determination of the TPG Stockholders, are eligible to be sold by the TPG Stockholders or such Affiliates, as applicable, to the public without volume limitations under Rule 144; or
(iv) such Registrable Securities have ceased to be outstanding. 
 “Registration Expenses” shall mean all expenses
incurred in effecting any registration or any offering and sale pursuant to this Agreement, including registration, qualification, listing and filing fees (including, without limitation, all SEC, stock exchange and Financial Industry Regulatory
Authority filing fees), printing expenses, messenger, telephone and delivery expenses, all transfer agent and registrar fees and expenses, fees and disbursements of all law firms of the Company and all accountants and other persons retained by the
Company (including any comfort letters), any reasonable fees and disbursements of underwriters customarily paid by issuers or sellers of securities (which shall not include fees and disbursements of counsel for the

  
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underwriters other than as set forth in this paragraph or in the applicable underwriting agreement and Selling Expenses), all fees and expenses of any special experts or other persons retained by
the Company in connection with any registration, all expenses related to the “road show” for any underwritten offering, including all travel, meals and lodging, and any blue sky (including reasonable fees and disbursements of counsel to
any underwriter incurred in connection with blue sky qualifications of the Registrable Securities as may be set forth in any underwriting agreement) and other securities laws fees and expenses, as well as all internal fees and expenses of the
Company. Registration Expenses shall not include Selling Expenses. In addition, in connection with an underwritten offering or other registration, offering or related action for which services of outside counsel would customarily be required
pursuant to this Agreement, the Company shall pay or reimburse the TPG Stockholders for the reasonable and documented fees and expenses of one nationally recognized law firm, chosen by the TPG Stockholders as their counsel. Nothing in this
definition shall impact any agreement on expenses solely between the Company and any underwriter. 
 “Registration
Statement” shall mean any registration statement (including any Demand Registration Statement or Shelf Registration Statement) of the Company under the Securities Act which permits the Public Offering of any of the Registrable Securities
pursuant to the provisions of this Agreement, including the Prospectus, amendments and supplements to such registration statement, including post-effective amendments, all exhibits and all material incorporated by reference or deemed to be
incorporated by reference in such registration statement. 
 “Rule 144” shall mean Rule 144 under the Securities Act, as
such Rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
 “SEC” means
the United States Securities and Exchange Commission. 
 “Securities Act” shall mean the Securities Act of 1933, as amended
(or any corresponding provision of succeeding law), and the rules and regulations thereunder. 
 “Selling Expenses” shall
mean all underwriting discounts and selling commissions associated with effecting any sales of Registrable Securities under any Registration Statement by the TPG Stockholders and all stock transfer taxes applicable to the sale or transfer by TPG
Stockholders of Registrable Securities to the underwriter(s) pursuant to this Agreement. 
 “Shares” means the shares of
Common Stock owned by the TPG Stockholders as described in the Recitals and any securities issued in respect thereof, or in substitution therefor, in connection with any stock split, dividend or combination, or any reclassification,
recapitalization, merger, consolidation, exchange or other similar reorganization. 
 “Shelf Period” shall have the meaning
set forth in Section 2(a). 
 “Shelf Registration” shall have the meaning set forth in Section 2(a). 

“Shelf Registration Statement” shall have the meaning set forth in Section 2(a). 

“Shelf Take-Down” shall have the meaning set forth in Section 2(b). 

  
 4 

 “Special Registration” shall mean the registration of equity securities, options
or similar rights registered on Form S-4, Form S-8 or any successor forms thereto or any other form for the registration of securities issued or to be issued in
connection with a merger, acquisition, employee benefit plan or equity compensation or incentive plan. 
 “Stockholder Rights
Agreement” has the meaning set forth in the Recitals. 
 “Substantial Marketing Efforts” shall mean marketing
efforts, in connection with an underwritten offering, that involve one-on-one in-person meetings with prospective purchasers of
the Registrable Securities over multiple days and other customary marketing activities, as recommended by the underwriter(s). 

“Suspension” shall have the meaning set forth in Section 2(i)(1). 

“Suspension Notice” shall have the meaning set forth in Section 2(i)(1). 

“TPG Stockholders” has the meaning set forth in the Preamble. 

Section 2. Registration Rights. 

(a) Shelf Registration Statement. The Company will file within ninety (90) days of the date hereof (or if a later time for filing
is requested by the TPG Stockholders, at such later time) with the SEC a shelf registration statement on Form S-3 (or successor form) pursuant to Rule 415 under the Securities Act (which registration
statement, if the Company is eligible to file such, shall be as an automatic shelf registration as defined in Rule 405 under the Securities Act) (a “Shelf Registration Statement”) relating to the offer and resale of Registrable
Securities by any TPG Stockholder at any time and from time to time following the expiration of the ninety (90) day period beginning on the date hereof in accordance with the methods of distribution set forth in the Plan of Distribution section
of the Shelf Registration Statement, and, if such Shelf Registration Statement is not effective within ninety (90) days of the date hereof, the Company shall use reasonable best efforts to cause such Shelf Registration Statement to promptly be
declared or otherwise become effective under the Securities Act. Any such registration pursuant to the Shelf Registration Statement shall hereinafter be referred to as a “Shelf Registration.” For so long as the Company is eligible
to use Form S-3 (or successor form), the Company shall maintain the continuous effectiveness of the Shelf Registration Statement for the maximum period permitted by SEC rules, and shall replace any Shelf
Registration Statement at or before expiration, if applicable, with a successor effective Shelf Registration Statement to the extent any Registrable Securities remain outstanding (such period of effectiveness, the “Shelf Period”).

 (b) Right to Request Shelf Take-Down. At any time and from time to time during the Shelf Period, one or more of the TPG
Stockholders may, by written notice to the Company, request an offering of all or part of the Registrable Securities held by the TPG Stockholders (a “Shelf Take-Down”); provided, however, that the expected aggregate
gross proceeds for any Shelf Take-Down involving Substantial Marketing Efforts are at least one hundred million dollars ($100,000,000); provided, further, that the Company shall not be obligated to effect any Shelf Take-Down if the
Company (i) has determined to effect a registered underwritten offering of its equity securities for its own account and (ii) at the time of receipt of such notice has already taken substantial steps (including, but not limited to,
selecting a 

  
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managing underwriter for such offering) and has proceeded and will continue to proceed with reasonable diligence to effect such offering (in such case, such request shall not count as a Shelf
Take-Down involving Substantial Marketing Efforts). Notwithstanding the foregoing sentence, the Company shall not be obligated to effect any subsequent Shelf Take-Down (whether or not involving Substantial Marketing Efforts) during the ninety
(90) day period following the pricing date of a completed Shelf Take-Down; provided, however, that if the TPG Stockholders are subject to a lock-up restriction pursuant to lock-up agreements entered into in connection with such completed Shelf Take-Down, then the period of such lock-up restriction, whether longer or shorter, shall apply in lieu
of the 90-day period. It is understood by the parties hereto that the foregoing proviso means that (i) if the TPG Stockholders enter into a 120-day lock-up agreement in connection with a completed Shelf Take-Down, the Company shall not be obligated to effect a subsequent Shelf Take-Down (absent a lock-up waiver) pursuant
to such proviso until the expiration of such lock-up agreement on the 121st day after the pricing date of the completed Shelf Take-Down, (ii) if the
TPG Stockholders enter into a 45-day lock-up agreement in connection with a completed Shelf Take-Down, the Company shall not be obligated to effect a subsequent Shelf
Take-Down (absent a lock-up waiver) pursuant to such proviso until the expiration of such lock-up agreement on the
46th day after the pricing date of the completed Shelf Take-Down, and (iii) if the managing underwriter(s) waive such lock-up agreement with respect to
a proposed offering by the TPG Stockholders on the 22nd day after such pricing date, the Company shall not be obligated to effect a subsequent Shelf Take-Down pursuant to such proviso until after
such 22nd day in accordance with the terms of this Agreement. If Substantial Marketing Efforts are requested, the Company shall cause there to occur Full Cooperation in connection therewith. The
number of shares of Registrable Securities covered by any Shelf Take-Down shall be limited by the transfer restrictions described in the applicable subsection of Section 3.2 of the Stockholder Rights Agreement. The TPG Stockholders shall be
entitled to request a maximum of two (2) Shelf Take-Downs involving Substantial Marketing Efforts in any three hundred sixty-five (365) day period. 

(c) Demand Registration Statement If Shelf Registration Statement Unavailable. If the Company is ineligible to file with the SEC a
shelf registration statement on Form S-3 (or successor form) in accordance with Section 2(a), upon the written request of one or more TPG Stockholders (a “Demand Registration”), the
Company shall use reasonable best efforts to file promptly a registration statement on Form S-1 (or successor form) (a “Demand Registration Statement”) registering for resale such number of
shares of Registrable Securities, as limited by the transfer restrictions described in the applicable subsections of Section 3.2 of the Stockholder Rights Agreement, as applicable, requested to be included in the Demand Registration Statement
and have the Demand Registration Statement declared effective under the Securities Act as promptly as practicable. After any Demand Registration Statement has become effective, the Company shall use reasonable best efforts to keep such Demand
Registration Statement continuously effective until all of the Registrable Securities covered by such Demand Registration Statement have been sold in accordance with the plan of distribution set forth therein or are no longer outstanding. 

(d) Limitations on Demand Registrations. The TPG Stockholders shall be entitled to request a maximum of two (2) Demand
Registrations in any three hundred sixty-five (365) day period. A registration shall not count as a Demand Registration until the related Demand Registration Statement has been declared effective by the SEC. 

  
 6 

 (e) Piggyback Registration. If, at any time following the expiration of the ninety
(90) day period beginning on the date hereof, the Company proposes or is required to file a Registration Statement under the Securities Act with respect to an offering of Common Stock or similar equity securities of the Company, whether or not
for sale for its own account, on a form and in a manner that would permit registration of the Registrable Securities, which, for the avoidance of doubt, shall exclude any Special Registration, the Company shall give written notice as promptly as
practicable, but not later than ten (10) days prior to the anticipated date of filing of such Registration Statement, to the TPG Stockholders of its intention to effect such registration and, in the case of each TPG Stockholder, shall include
in such registration all of such TPG Stockholder’s Registrable Securities with respect to which the Company has received a written request from such TPG Stockholder for inclusion therein (a “Piggyback Registration” and any such
requesting TPG Stockholder that has not withdrawn its Registrable Securities from such Piggyback Registration a “Piggyback Stockholder” with respect to such Piggyback Registration). In the event that a TPG Stockholder makes such
written request, such TPG Stockholder may withdraw its Registrable Securities from such Piggyback Registration by giving written notice to the Company and the managing underwriter(s), if any, at any time at least two (2) Business Days prior to
the effective date of the Registration Statement relating to such Piggyback Registration. The Company may terminate or withdraw any Piggyback Registration under this Section 2(e), whether or not any TPG Stockholder has elected to include
Registrable Securities in such registration. No Piggyback Registration shall count as a Demand Registration or Shelf Take-Down to which the TPG Stockholders are entitled. 

(f) Selection of Underwriters; Right to Participate. The TPG Stockholders shall have the right to select the managing underwriter(s) to
administer an offering pursuant to a Demand Registration Statement or Shelf Take-Down from the Approved Underwriter List, subject to the prior consent of the Company, which consent shall not be unreasonably withheld, conditioned or delayed. If a
Piggyback Registration under Section 2(e) is proposed to be underwritten, the Company shall so advise the TPG Stockholders as a part of the written notice given pursuant to Section 2(e). In such event, the managing underwriter(s) to
administer the offering shall be chosen by the Company in its sole discretion. A TPG Stockholder may participate in a registration or offering hereunder only if such TPG Stockholder (i) agrees to sell such Registrable Securities on the basis
provided in any underwriting agreement with the underwriters and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements, lock-up agreements and other
documents reasonably requested under the terms of such underwriting arrangements customary for selling stockholders to enter into in secondary underwritten public offerings, provided, however, that any underwriting agreement shall
contain such representations and warranties by, and the other agreements on the part of, the Company to and for the benefit of the TPG Stockholders as are customarily made by issuers to selling stockholders in secondary underwritten public
offerings. 
 (g) Priority of Securities Offered Pursuant to Demand Registrations and Shelf Take-Downs. If the managing
underwriter(s) of a Demand Registration or Shelf Take-Down shall advise the Company and the TPG Stockholders in writing that, in its good faith opinion, the total number or dollar amount of shares of Common Stock requested to be included in such
Demand Registration or Shelf Take-Down exceeds the number or dollar amount that can be sold in such offering without having an adverse effect on such offering, including the price at which such shares can be sold, then the Company shall include in
such Demand Registration or Shelf 

  
 7 

 
Take-Down the maximum number of shares that such underwriter or agent, as applicable, advises can be so sold without having such adverse effect, allocated (i) first, to Registrable
Securities requested by the TPG Stockholders to be included in such Demand Registration or Shelf Take-Down and (ii) second, to any securities requested to be included therein by any other Persons (including the Company), allocated among such
Persons on a pro rata basis or in such other manner as they may agree. 
 (h) Priority of Securities Offered Pursuant to Piggyback
Registration. If the managing underwriter(s) of a registration of shares of Common Stock giving rise to a right to Piggyback Registration shall advise the Company and the Piggyback Stockholders with respect to such Piggyback Registration in
writing that, in its good faith opinion, the total number or dollar amount of shares of Common Stock proposed to be sold in such offering and Registrable Securities requested by such Piggyback Stockholders to be included therein, in the aggregate,
exceeds the number or dollar amount that can be sold in such offering without having an adverse effect on such offering, including the price at which such shares can be sold, then the Company shall include in such registration the maximum number of
shares that such underwriter or agent, as applicable, advises can be so sold without having such adverse effect, allocated (i) first, to shares of Common Stock requested to be included by the Company, (ii) second, to Registrable Securities
requested by the TPG Stockholders to be included in such Piggyback Registration and (iii) third, any shares requested to be included therein by any other Persons (other than the Company), allocated among such Persons on a pro rata basis or in
such other many as they may agree. 
 (i) Postponement; Suspensions; Blackout Period. 

(1) The Company may postpone the filing or the effectiveness of a Demand Registration Statement or commencement of a Shelf
Take-Down (or suspend the continued use of an effective Demand Registration Statement or Shelf Registration Statement), including requiring the TPG Stockholders to suspend any offerings of Registrable Securities pursuant to this Agreement,
(i) during the pendency of a stop order issued by the SEC suspending the use of any registration statement of the Company or proceedings initiated by the SEC with respect to any such registration statement under Section 8(d) or 8(e) of the
Securities Act (subject to the Company’s compliance with its obligations under Section 3(a)(xi) herein), (ii) during the first month after the end of a fiscal quarter of the Company (i.e., January, April, July and October to the extent the
Company’s fiscal quarters end on December 31, March 31, June 30 and September 30) if the Company delivers to the TPG Stockholders participating in such registration an officers’ certificate executed by the Company’s
principal executive officer and principal financial officer stating that, based on the good faith judgment of the Company, after consultation with outside counsel to the Company, such postponement or suspension is necessary in order to avoid the
premature disclosure of material non-public information (including financial results for the preceding fiscal quarter) and the Company has a bona fide business purpose for not disclosing such information
publicly at that time or (iii) if, based on the good faith judgment of the Board, such postponement or suspension is necessary in order to avoid materially detrimental disclosure of material non-public
information that the Board, after consultation with outside counsel to the Company, has in good faith determined (A) would be required to be made in any Demand Registration 

  
 8 

 
Statement or Shelf Registration Statement so that such Registration Statement does not contain an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein not misleading if such information is not included, (B) such disclosure would not be required to be made at such time but for the filing or continued use of such Registration Statement and
(C) the Company has a bona fide business purpose for not disclosing publicly, and the Company delivers to the TPG Stockholders participating in such registration an officers’ certificate executed by the Company’s principal executive
officer and principal financial officer stating the Company may, upon giving prompt written notice (a “Suspension Notice”) of such action to the TPG Stockholders participating in such registration, postpone or suspend use of the
Demand Registration Statement or Shelf Registration Statement, as applicable (any such postponement or suspension pursuant to Section 2(i)(1)(i), (ii) or (iii), a “Suspension”); provided, however, in each case,
that the TPG Stockholder requesting a Demand Registration Statement or Shelf Take-Down shall be entitled, at any time after receiving a Suspension Notice or similar notice and before such Demand Registration Statement becomes effective or before
such Shelf Take-Down is commenced, to withdraw such request and, if such request is withdrawn, such Demand Registration or Shelf Take-Down shall not count as a Demand Registration or, if applicable, a Shelf Take-Down, involving Substantial Marketing
Efforts. The Company shall provide prompt written notice to such TPG Stockholder (an “End of Suspension Notice”) of (i) the Company’s decision to file or seek effectiveness of such Demand Registration Statement or commence
such Shelf Take-Down following such Suspension and (ii) the effectiveness of such Demand Registration Statement or commencement of such Shelf Take-Down. Notwithstanding the provisions of this Section 2(i), (y) with respect to
Section 2(i)(1)(ii), any such Suspension or ability to suspend pursuant to such clause shall terminate at the closing of trading on the New York Stock Exchange on the second trading day after the Company issues an earnings release for the
applicable preceding quarter and (z) with respect to Section 2(i)(1)(iii), the Company shall not effect a Suspension of the filing or effectiveness of a Demand Registration Statement or the commencement of a Shelf Take-Down more than twice
during any twelve-month period or for a period exceeding thirty (30) days in the aggregate in any twelve-month period. No TPG Stockholder shall effect any sales of Shares pursuant to a Demand Registration Statement or Shelf Registration
Statement at any time after it has received a Suspension Notice from the Company and prior to receipt of an End of Suspension Notice. 

(2) Each TPG Stockholder agrees that, except as required by applicable law, it shall treat as confidential the receipt of any
Suspension Notice (provided, however, that in no event shall such notice contain any material nonpublic information of the Company) hereunder and shall not disclose or use the information contained in such Suspension Notice without the
prior written consent of the Company until such time as the information contained therein is or becomes public, other than as a result of disclosure by breach of the terms of this Agreement. 

(j) Holdback. With respect to any underwritten offering of Registrable Securities, the Company shall not (except as part of a Demand
Registration or Shelf Registration), unless waived by the managing underwriter(s), effect any transfer of Common Stock, or any securities convertible into or exchangeable or exercisable for Common Stock

  
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(except pursuant to a Special Registration), during the Holdback Period. Upon request by the managing underwriter(s), the Company shall, from time to time, enter into customary holdback
agreements on terms consistent with this Section 2(j). 
 Section 3. Registration Procedures. 

(a) If and whenever the Company is required to use its reasonable best efforts to effect the registration of any Registrable Securities under
the Securities Act as provided in Section 2 hereof, the Company shall effect such registration to permit the sale of such Registrable Securities in accordance with the intended method or methods of disposition thereof, and pursuant thereto the
Company shall cooperate in the sale of the securities and shall, as promptly as practicable: 
 (i) prepare and file with the
SEC (as promptly as reasonably practicable, but no later than forty-five (45) days after a request for a Demand Registration, subject to the postponement provisions herein) the Demand Registration Statement (including a Prospectus therein and
any supplement thereto and all exhibits and financial statements required by the SEC to be filed therewith) to effect such registration and, subject to the efforts standard herein, cause such Registration Statement to become effective, and before
filing such Registration Statement or any amendments or supplements thereto, provide to the representative(s) on behalf of the TPG Stockholders included in such Registration Statement (to be chosen by the TPG Stockholders) and any managing
underwriter(s), copies of all such documents proposed to be filed or furnished, including documents incorporated by reference, and the representative(s) and the managing underwriter(s) and their respective counsel shall have the opportunity to
review and comment thereon, and the Company will make such changes and additions thereto as may reasonably be requested by the representative(s) and the managing underwriter(s) and their respective counsel prior to such filing, unless the Company
reasonably objects to such changes or additions; 
 (ii) prepare and file with the SEC such
pre- and post-effective amendments and supplements to a Shelf Registration Statement or Demand Registration Statement, and the Prospectus used in connection therewith or any free writing prospectus (as defined
in SEC rules) as may be required by applicable securities laws or reasonably requested by the TPG Stockholder or any managing underwriter(s) to maintain the effectiveness of such registration and to comply with the provisions of applicable
securities laws with respect to the disposition of all securities covered by such registration statement during the period in which such Registration Statement is required to be kept effective; 

(iii) furnish to each TPG Stockholder of the securities being registered and each managing underwriter without charge, such
number of conformed copies of such Registration Statement and of each such amendment and supplement thereto (in each case including all exhibits other than those which are being incorporated into such Registration Statement by reference and that are
publicly available), such number of copies of the Prospectus contained in such Registration Statement and any other Prospectus filed under Rule 424 under the Securities Act in conformity with the 

  
 10 

 
requirements of the Securities Act, and such other documents, as the TPG Stockholders and any managing underwriter(s) may reasonably request; 

(iv) use its reasonable best efforts to register or qualify all Registrable Securities under such other securities or
“blue sky” laws of such jurisdictions as the TPG Stockholders and any managing underwriter(s) may reasonably request; provided, however, that the Company shall not for any such purpose be required to qualify generally to do
business as a foreign company in any jurisdiction where it would not otherwise be required to qualify but for this Section 3, or to consent to general service of process in any such jurisdiction, or to be subject to any material tax obligation
in any such jurisdiction where it is not then so subject; 
 (v) promptly notify the TPG Stockholders and any managing
underwriter(s) at any time when the Company becomes aware that a Prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event as a result of which the Prospectus included in such Registration
Statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances under which they
were made, and, to promptly prepare and furnish without charge to the TPG Stockholders and any managing underwriter(s) a reasonable number of copies of a supplement to or an amendment of such Prospectus as may be necessary so that, as thereafter
delivered to the purchasers of such securities, such Prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the
light of the circumstances under which they were made; 
 (vi) provide and cause to be maintained a transfer agent and
registrar for all Registrable Securities covered by such Registration Statement not later than the effective date of such Registration Statement; 

(vii) reasonably cooperate with the TPG Stockholders and any managing underwriter(s) to facilitate the timely preparation and
delivery of certificates representing Registrable Securities to be sold, and enable certificates for such Registrable Securities to be issued for such number of shares and registered in such names as the TPG Stockholders and any managing
underwriter(s) may reasonably request; 
 (viii) list all Registrable Securities covered by such Registration Statement on
any securities exchange on which any such class of securities is then listed and cause to be satisfied all requirements and conditions of such securities exchange to the listing of such securities that are reasonably within the control of the
Company; 
 (ix) notify each TPG Stockholder and any managing underwriter(s), promptly after it shall receive notice thereof,
of the time when such Registration Statement, or any post-effective amendments to the Registration Statement, shall have become effective; 

  
 11 

 (x) to make available to each TPG Stockholder whose Registrable Securities are
included in such Registration Statement and any managing underwriter(s) as soon as reasonably practicable after the same is prepared and publicly distributed, filed with the SEC, or received by the Company, an executed copy of each letter written by
or on behalf of the Company to the SEC or the staff of the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), and any item of correspondence received
from the SEC or the staff of the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), in each case relating to such Registration Statement, it being
understood that each TPG Stockholder receiving such material from the Company shall and shall cause its representatives to keep such materials confidential. The Company will as soon as reasonably practicable notify the TPG Stockholders and any
managing underwriter(s) of the effectiveness of such Registration Statement or any post-effective amendment or the filing of the Prospectus supplement contemplated herein. the Company will as soon as reasonably practicable respond reasonably and
completely to any and all comments received from the SEC or the staff of the SEC, with a view towards causing such Registration Statement or any amendment thereto to be declared effective by the SEC as soon as reasonably practicable and shall file
an acceleration request as soon as reasonably practicable following the resolution or clearance of all SEC comments or, if applicable, following notification by the SEC that any such Registration Statement or any amendment thereto will not be
subject to review; 
 (xi) advise each TPG Stockholder and any managing underwriter(s), promptly after it shall receive
notice or obtain knowledge thereof, of (A) the issuance of any stop order, injunction or other order or requirement by the SEC suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for
such purpose and use all reasonable best efforts to prevent the issuance of any stop order, injunction or other order or requirement or to obtain its withdrawal if such stop order, injunction or other order or requirement should be issued,
(B) the suspension of the registration of the subject shares of the Registrable Securities in any state jurisdiction and (C) the removal of any such stop order, injunction or other order or requirement or proceeding or the lifting of any
such suspension; 
 (xii) upon execution of confidentiality agreements in form and substance reasonably satisfactory to the
Company, make available for inspection by one representative on behalf of all TPG Stockholders included in a Registration Statement whose Registrable Securities are included in such registration statement (to be chosen by the TPG Stockholders) and
any managing underwriter(s), and any attorney, accountant or other agent retained by any such TPG Stockholder or underwriters, at reasonable times and in a reasonable manner, all pertinent financial and other records and corporate documents of the
Company, and cause the Company’s officers, directors and employees to supply all information reasonably requested by any such TPG Stockholder, sales or placement agent, underwriter, attorney, accountant or agent to conduct a reasonable
investigation within the meaning of Section 11 of the Securities Act that is customary for a participant in a securities offering in connection with such registration statement; provided, however, that the foregoing investigation
and information gathering shall be 

  
 12 

 
coordinated on behalf of such parties by one firm of counsel designated by and on behalf of such parties; 

(xiii) if requested by any TPG Stockholder of Registrable Securities named in such Registration Statement or any managing
underwriter(s), promptly incorporate in a Prospectus supplement or post-effective amendment such information as such TPG Stockholder or managing underwriter(s) reasonably requests to be included therein, including, without limitation, with respect
to the Registrable Securities being sold by such TPG Stockholder, the purchase price being paid therefor by any underwriters and with respect to any other terms of an underwritten offering of the Registrable Securities to be sold in such offering,
and promptly make all required filings of such prospectus supplement or post-effective amendment; 
 (xiv) reasonably
cooperate with each TPG Stockholder and any managing underwriter(s) participating in the disposition of such Registrable Securities and their respective counsel in connection with any filings required to be made with the Financial Industry
Regulatory Authority; 
 (xv) in the case of an underwritten offering, (A) enter into such customary agreements
(including an underwriting agreement in customary form), (B) take all such other customary actions as the managing underwriter(s) reasonably request in order to expedite or facilitate the disposition of such Registrable Securities (including,
without limitation, causing senior management and other the Company personnel to reasonably cooperate with the TPG Stockholder(s) whose Registrable Securities are included in a Registration Statement and the underwriter(s) in connection with
performing due diligence) and (C) cause its counsel to issue opinions of counsel addressed and delivered to the underwriter(s) in form, substance and scope as are customary in underwritten offerings, subject to customary limitations,
assumptions and exclusions; provided, however, that such recipients furnish such written representations or acknowledgement as are customarily provided by underwriters who receive such opinions; and 

(xvi) if requested by the managing underwriter(s) of an underwritten offering, use reasonable best efforts to cause to be
delivered, upon the pricing of any underwritten offering, and at the time of closing of a sale of Registrable Securities pursuant thereto, “comfort” letters from the Company’s independent registered public accountants addressed to the
underwriter(s) and, with respect to an offering by the TPG Stockholders pursuant to this Agreement, request the delivery of such “comfort” letters at such times addressed to the TPG Stockholders stating that such accountants are
independent public accountants within the meaning of the Securities Act and the applicable rules and regulations adopted by the SEC thereunder, and otherwise in customary form and covering such financial and accounting matters as are customarily
covered by “comfort” letters of the independent registered public accountants delivered in connection with primary underwritten public offerings; provided, however, that such recipients furnish such written representations or
acknowledgement as are customarily required to receive such comfort letters. 

  
 13 

 (b) Subject to the last sentence of this Section 3(b), as a condition precedent to the
obligations of the Company to file any Registration Statement, each TPG Stockholder shall furnish in writing to the Company such information regarding such TPG Stockholder (and any of its Affiliates), the Registrable Securities to be sold and the
intended method of distribution of such Registrable Securities reasonably requested by the Company as is reasonably necessary or advisable for inclusion in the Registration Statement relating to such offering pursuant to the Securities Act.
Notwithstanding the foregoing, in no event will any party be required to disclose to any other party any personally identifiable information or personal financial information in respect of any individual, or confidential information of any Person.

 Each TPG Stockholder agrees by acquisition of the Registrable Securities that (i) upon receipt of any notice from the Company of the
happening of any event of the kind described in Section 3(a)(v), such TPG Stockholder shall forthwith discontinue its disposition of Registrable Securities pursuant to the registration statement relating to such Registrable Securities until
such TPG Stockholder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 3(a)(v); (ii) upon receipt of any notice from the Company of the happening of any event of the kind described in clause
(A) of Section 3(a)(xi), such TPG Stockholder shall discontinue its disposition of Registrable Securities pursuant to such registration statement until such TPG Stockholder’s receipt of the notice described in clause (C) of
Section 3(a)(xi); and (iii) upon receipt of any notice from the Company of the happening of any event of the kind described in clause (B) of Section 3(a)(xi), such TPG Stockholder shall discontinue its disposition of Registrable
Securities pursuant to such registration statement in the applicable state jurisdiction(s) until such TPG Stockholder’s receipt of the notice described in clause (C) of Section 3(a)(xi). The length of time that any registration
statement is required to remain effective shall be extended by any period of time that such registration statement is unavailable for use pursuant to this paragraph, provided, however, in no event shall any Registration Statement be
required to remain effective after the date on which all Registrable Securities cease to be Registrable Securities. 
 Section 4.
Indemnification. 
 (a) Indemnification by the Company. The Company agrees to indemnify, hold harmless and reimburse, to the
fullest extent permitted by law, each TPG Stockholder, its Affiliates, partners, officers, directors, employees, advisors, representatives and agents, and each Person, if any, who controls such TPG Stockholder within the meaning of the Securities
Act or the Exchange Act, against any and all losses, penalties, liabilities, claims, damages and expenses, joint or several (including, without limitation, reasonable attorneys’ fees and any expenses and reasonable costs of investigation), as
incurred, to which the TPG Stockholders or any such indemnitees may become subject under the Securities Act or otherwise, insofar as such losses, penalties, liabilities, claims, damages and expenses (or actions or proceedings, whether commenced or
threatened, in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in the Registration Statement under which such Registrable Securities were registered and sold under the
Securities Act, any Prospectus contained therein, or any amendment or supplement thereto, or arising out of or based upon any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the
statements therein, in light of the circumstances under which they were made, not misleading or any violation of the Securities Act or state securities laws or 

  
 14 

 
rules thereunder by the Company relating to any action or inaction by the Company in connection with such registration; provided, however, that the Company shall not be liable in
any such case to the extent that any such loss, penalty, liability, claim, damage (or action or proceeding in respect thereof) or expense arises out of or is based upon an untrue statement or alleged statement or omission or alleged omission made in
such Registration Statement, any such Prospectus, amendment or supplement in reliance upon and in conformity with written information about a TPG Stockholder which is furnished to the Company by such TPG Stockholder specifically for use in such
registration statement. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such TPG Stockholder or any indemnified party and shall survive the transfer of such securities by such TPG
Stockholder. 
 (b) Indemnification by the TPG Stockholders. Each TPG Stockholder agrees to indemnify and hold harmless (in the same
manner and to the same extent as set forth in Section 4(a)) the Company, each member of the Board, each officer, employee and agent of the Company and each other person, if any, who controls any of the foregoing within the meaning of the
Securities Act or the Exchange Act, with respect to any untrue statement or alleged untrue statement of a material fact in or omission or alleged omission to state a material fact from such Registration Statement, any Prospectus contained therein,
or any amendment or supplement thereto, to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in reliance upon and in conformity with written information about such TPG
Stockholder furnished to the Company by such TPG Stockholder specifically for inclusion in such Registration Statement, Prospectus, amendment or supplement and has not been corrected in a subsequent Registration Statement, any Prospectus contained
therein, or any amendment or supplement thereto prior to or concurrently with the sale of the Registrable Securities to the person asserting the claim; provided, however, that TPG Stockholder shall not be liable for any amounts in
excess of the net proceeds received by such TPG Stockholder from sales of Registrable Securities pursuant to the registration statement to which the claims relate, and provided, further, that the obligations of the TPG Stockholders
shall be several and not joint and several. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company or any indemnified party and shall survive the transfer of such securities by the
Company. 
 (c) Notices of Claims, etc. Promptly after receipt by an indemnified party of notice of the commencement of any action or
proceeding involving a claim referred to in the preceding paragraphs of this Section 4, such indemnified party shall, if a claim in respect thereof is to be made against an indemnifying party, give written notice to such indemnifying party of
the commencement of such action; provided, however, that the failure of any indemnified party to give notice as provided herein shall not relieve the indemnifying party of its obligations under the preceding paragraphs of this
Section 4, except to the extent that the indemnifying party is materially prejudiced by such failure to give notice. In case any such action is brought against an indemnified party, unless in such indemnified party’s reasonable judgment a
conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, such indemnified party shall permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the
indemnified party; provided, however, that any person entitled to indemnification hereunder shall have the right to employ separate counsel and to participate in the defense of such claim, but the fees and expenses of such counsel
shall be at the 

  
 15 

 
expense of such person unless (A) the indemnifying party has agreed to pay such fees or expenses or (B) the indemnifying party shall have failed to assume the defense of such claim and
employ counsel reasonably satisfactory to such person within a reasonable time after receipt of notice of such claim from the person entitled to indemnification hereunder. If such defense is not assumed by the indemnifying party as permitted
hereunder, the indemnifying party will not be subject to any liability for any settlement made by the indemnified party without its consent (but such consent will not be unreasonably withheld, conditioned or delayed). If such defense is assumed by
the indemnifying party pursuant to the provisions hereof, such indemnifying party shall not settle or otherwise compromise the applicable claim unless (i) such settlement or compromise contains a full and unconditional release of the
indemnified party of all liability in respect to such claim or litigation or (ii) the indemnified party otherwise consents in writing. An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim will not be
obligated to pay the fees and expenses of more than one counsel (plus local counsel) for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party, a conflict of
interest may exist between such indemnified party and any other of such indemnified parties with respect to such claim, in which event the indemnifying party shall be obligated to pay the reasonable fees and disbursements of such additional counsel
or counsels. The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to
indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. 
 The indemnification
provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party and shall survive the transfer of securities. 

(d) Contribution. If the foregoing indemnity is held by a governmental authority of competent jurisdiction to be unavailable to the
Company or any TPG Stockholder, or is insufficient to hold harmless an indemnified party, then the indemnifying party shall contribute to the amount paid or payable by the indemnified party as a result of the loss, claim, damage or expense in such
proportion as is appropriate to reflect the relative fault of the indemnifying party and the indemnified party, and the relative benefits received by the indemnifying party and the indemnified party, as well as any other relevant equitable
considerations. No indemnified party guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any indemnifying party who was not guilty of such fraudulent
misrepresentation. In connection with any registration statement filed with the SEC by the Company, the relative fault of the indemnifying party on the one hand and of the indemnified person on the other shall be determined by reference to, among
other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party, and by such
party’s relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. Notwithstanding the provisions of this Section 4, no TPG Stockholder shall be required to contribute an amount
greater than the net proceeds received by such TPG Stockholder from sales of Registrable Securities pursuant to the Registration Statement to which the claims relate (after taking into account the amount of damages which such TPG Stockholder has
otherwise been required to pay by reason of any and all untrue or alleged untrue statements of material fact or omissions or alleged omissions of 

  
 16 

 
material fact made in any Registration Statement or Prospectus or any amendment thereof or supplement thereto related to such sale of Registrable Securities). 

(e) No Exclusivity. The remedies provided for in this Section 4 are not exclusive and shall not limit any rights or remedies which
may be available to any indemnified party at law or in equity or pursuant to any other agreement. 
 Section 5. Covenants Relating
to Rule 144. The Company shall use reasonable best efforts to file any reports required to be filed by it under the Securities Act and the Exchange Act and to take such further action as any TPG Stockholder may reasonably request to enable TPG
Stockholders to sell Registrable Securities without registration under the Securities Act from time to time within the limitation of the exemptions provided by Rule 144. The Company shall, in connection with any request by TPG Stockholder in
connection with a sale, transfer or other disposition by any TPG Stockholder of any Registrable Securities pursuant to Rule 144 either currently or prospectively with unspecified timing, promptly cause (and in no event longer than five
(5) Business Days after such request) the removal of any restrictive legend or similar restriction on the Registrable Securities, and, in the case of book-entry shares, make or cause to be made appropriate notifications on the books of the
Company’s transfer agent for such number of shares and registered in such names as the TPG Stockholders may reasonably request and to provide a customary opinion of counsel and instruction letter required by the Company’s transfer agent.

 Section 6. Limitation on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not,
without the prior written consent of the TPG Stockholders, enter into any agreement with any holder or prospective holder of any securities of the Company giving such holder or prospective holder any registration rights the terms of which are
equivalent to or more favorable than the registration rights granted to the TPG Stockholders hereunder, or which would reduce the amount of Registrable Securities the holders can include in any Registration Statement filed pursuant to Section 2
hereof, unless such rights are subordinate to those of the holders of Registrable Securities. 
 Section 7. Miscellaneous. 

(a) Termination; Survival. The rights of each TPG Stockholder under this Agreement shall terminate upon the date that all of the
Registrable Securities held by such TPG Stockholder cease to be Registrable Securities. Notwithstanding the foregoing, the obligations of the parties under Sections 3(a)(viii), 4, 5 and this Section 7 shall survive the termination of this
Agreement. 
 (b) Governing Law. This Agreement and any claim, controversy or dispute arising under or related to this Agreement,
whether in law or in equity, whether in contract or in tort, by statute or otherwise, shall be governed and construed in accordance with the laws of the State of New York without giving effect to the principles of conflicts of law thereof or of any
other jurisdiction that would result in the application of another law. 
 (c) Consent to Jurisdiction; Venue; Waiver of Jury Trial.
All actions arising out of or relating to this Agreement shall be heard and determined exclusively in any New York 

  
 17 

 
state or federal court sitting in the Borough of Manhattan in The City of New York. The parties hereto hereby (a) submit to the exclusive jurisdiction of any state or federal court sitting
in the Borough of Manhattan of The City of New York for the purpose of any action arising out of or relating to this Agreement brought by any party hereto, and (b) irrevocably waive, and agree not to assert by way of motion, defense, or
otherwise, in any such action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune of from attachment or execution, that the action is brought in an inconvenient forum,
that the venue of the action is improper, or that this Agreement or the transactions contemplated hereby may not be enforced in or by any of the above-named courts. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE WAIVED, EACH PARTY
HERETO HEREBY WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE),
INQUIRY, PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED HEREBY, IN EACH CASE WHETHER NOW EXISTING OR
HEREAFTER ARISING. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 7(C) CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH THEY ARE RELYING AND WILL RELY IN ENTERING INTO THIS AGREEMENT AND THE
TRANSACTIONS CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 7(C) WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 

(d) Entire Agreement. This Agreement (including the documents and the instruments referred to herein), together with the Merger
Agreement and the Stockholder Rights Agreement, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof and supersedes any and all prior discussions, negotiations, proposals, undertakings, understandings,
and agreements (including any draft agreements) with respect thereto, whether written or oral, none of which shall be used as evidence of the parties’ intent. 

(e) Amendments and Waivers. No amendment of any provision of this Agreement shall be valid and binding unless it is in writing and
signed by each of the parties hereto. No waiver of any right or remedy hereunder, to the extent legally allowed, shall be valid unless the same shall be in writing and signed by the party making such waiver. No waiver by any party of any breach or
violation of, default under, or inaccuracy in any representation, warranty, covenant, or agreement hereunder, whether intentional or not, shall be deemed to extend to any prior or subsequent breach, violation, default of, or inaccuracy in, any such
representation, warranty, covenant, or agreement hereunder or affect in any way any rights arising by virtue of any prior or subsequent such occurrence. No delay or omission on the part of any party in exercising any right, power, or remedy under
this Agreement shall operate as a waiver thereof. Notwithstanding the foregoing, no amendments may be made to this Agreement that adversely affect any TPG Stockholder in a manner different than any other TPG Stockholder without such adversely
affected TPG Stockholder’s prior written consent. 

  
 18 

 (f) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit
of the parties hereto and to their respective successors and permitted assignee. A “permitted assignee” means any Affiliate of any TPG Stockholder who executes and delivers to the Company a joinder to this Agreement providing that such
assignee shall be bound by and shall fully comply with the terms of this Agreement as a “TPG Stockholder”. Any successor or permitted assignee of any TPG Stockholder shall be deemed a TPG Stockholder for all purposes of this Agreement to
the extent such successor or permitted assignee owns Registrable Securities. No TPG Stockholder may assign its rights hereunder to any Person except to any permitted assignee. 

(g) Expenses. All Registration Expenses incurred in connection with any Registration Statement under this Agreement shall be borne by
the Company. All Selling Expenses relating to securities registered on behalf of the TPG Stockholders shall be borne by the TPG Stockholders of the Registrable Securities included in such registration. The obligation of the Company to bear the
expenses provided for in this paragraph shall apply irrespective of whether a Registration Statement becomes effective, is withdrawn or suspended, or converted to any other form of registration and irrespective of when any of the foregoing shall
occur. 
 (h) Counterparts; Electronic Signature. This Agreement may be executed and delivered in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all parties need not sign the same
counterpart. This Agreement may be executed by facsimile or .pdf signature by any party and such signature shall be deemed binding for all purposes hereof without delivery of an original signature being thereafter required. 

(i) Severability. Any term or provision of this Agreement that is illegal, invalid or unenforceable in any jurisdiction shall, as to
that jurisdiction, be ineffective to the extent of such illegality, invalidity or unenforceability without rendering illegal, invalid or unenforceable the remaining terms and provisions of this Agreement or affecting the legality, validity or
enforceability of any of the terms or provisions of this Agreement in any other jurisdiction. In the event that any provision hereof would, under applicable law, be illegal, invalid or unenforceable in any respect, each party hereto intends that
such provision shall be reformed and construed by modifying or limiting it so as to be valid and enforceable to the maximum extent compatible with, and possible under, applicable laws and to otherwise give effect to the intent of the parties hereto.

 (j) Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly delivered (i) four
(4) Business Days after being sent by registered or certified mail, return receipt requested, postage prepaid, (ii) one (1) Business Day after being sent for next Business Day delivery, fees prepaid, via a reputable nationwide overnight courier
service or (iii) on the date of confirmation of receipt (or, the first Business Day following such receipt if the date of such receipt is not a Business Day) of transmission by email, in each case to the intended recipient as set forth below:

 If to a TPG Stockholder, to the address indicated for such TPG Stockholder in Schedule A hereto with a copy (which shall not
constitute notice) to: 

  
 19 

			
	 Skadden, Arps, Slate, Meagher & Flom LLP

	 Four Times Square

	 New York, NY 10036

	 Facsimile:
	  	(212) 735-2000
	 Attention:
	  	Sven G. Mickisch
	 Email:
	  	Sven.Mickisch@skadden.com
	 Attention:
	  	Jon A. Hlafter
	 Email:
	  	Jon.Hlafter@skadden.com

 If to the Company, as
follows: 
  

			
	 Assurant, Inc.

	 28 Liberty Street, 41st
Floor

	 New York, New York 10005

	 Telephone:
	  	(212) 859-7000
	 Fax:
	  	(212) 859-7034
	 Attention:
	  	Carey Roberts
	 Email:
	  	carey.roberts@assurant.com

 with a copy
(which shall not constitute notice) to: 
  

			
	 Willkie Farr & Gallagher LLP

	 787 Seventh Avenue

	 New York, New York 10019

	 Telephone:
	  	(212) 728-8000
	 Fax:
	  	(212) 728-8111
	 Attention:
	  	John M. Schwolsky
		  	 Laura L. Delanoy

	 Email:
	  	jschwolsky@willkie.com
		  	 ldelanoy@willkie.com

 Any party may, from time to time, by written notice to the other parties, designate a different address, which
shall be substituted for the one specified above for such party. 
 (k) Specific Performance. The parties agree that irreparable
damage may occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. Accordingly, the parties shall be entitled to seek an injunction or injunctions to
prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, in addition to any other remedy to which they are entitled at law or in equity. 

[Signature Pages Follow] 

  
 20 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of the date
first written above. 
  

			
	ASSURANT, INC.
		
	By:	 	 /s/ Richard Dziadzio

		 	Name: Richard Dziadzio
		 	Title: Chief Financial Officer

 [Signature Page to Registration Rights Agreement] 

 TPG STOCKHOLDERS: 
  

			
	TPG VI WOLVERINE, LP
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title: Authorized Signatory
	
	TPG VI WOLVERINE CO-INVEST, LP
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title Authorized Signatory

 [Signature Page to Registration Rights Agreement]EX-4.3

 Exhibit 4.3 

PERSPECTA INC. 
 2018
OMNIBUS INCENTIVE PLAN 
 Effective May 30, 2018 

Section 1  

Purpose and Objectives 

This Perspecta Inc.2018 Omnibus Incentive Plan (this “Plan”) was adopted by Perspecta Inc. (the “Company”), prior to the
spinoff of the Company from DXC Technology Company (“DXC”) effective on or about May 31, 2018 (the “Spinoff”). 

The primary purpose of the Plan is to reward selected corporate officers and key employees of the Company and its Subsidiaries by enabling
them to acquire shares of common stock of the Company and/or through the provision of cash payments. The Plan is designed to attract and retain employees of the Company and its Subsidiaries and to encourage the sense of proprietorship in the Company
and its Subsidiaries. 
 The Plan also governs the terms of certain Spinoff Awards assumed by the Company in connection with the Spinoff and
the merger with Vencore Holding Corporation and KGS Holding Corporation following the Spinoff (the “Merger”). 
 Section 2

 Definitions 

As used herein, the terms set forth below shall have the following respective meanings: 

(a) “Authorized Officer” means the Chairman of the Board, the Chief Executive Officer of the Company or the Chief Human
Resources Officer of the Company (or any other senior officers of the Company to whom any of such individuals shall delegate the authority to execute any Award Agreement). 

(b) “Award” means the grant of any Option, Stock Appreciation Right, Stock Award, or Cash Award, any of which may be
structured as a Performance Award, whether granted singly, in combination or in tandem, to a Participant pursuant to such applicable terms, conditions, and limitations as the Committee may establish in accordance with the objectives of this Plan,
including any Spinoff Awards. 
 (c) “Award Agreement” means the document (in written or electronic form) communicating the
terms, conditions and limitations applicable to an Award. The Committee may, in its discretion, require that the Participant execute such Award Agreement, or may provide for procedures through which Award Agreements are made available but not
executed. Any Participant who is granted an Award and who does not affirmatively reject the applicable Award Agreement shall be deemed to have accepted the terms of Award as embodied in the Award Agreement. 

(d) “Board” means the Board of Directors of the Company. 

(e) “Cash Award” means an Award denominated in cash. 

(f) “Change in Control” means the consummation of a “change in ownership” of the Company, a “change in
effective control” of the Company or a “change in the ownership of a substantial portion of the assets” of the Company, and in each case, as defined under Code Section 409A. Notwithstanding the foregoing to the contrary, neither
the Spinoff nor the Merger shall constitute a Change in Control for purposes of the Plan. 

 (g) “Code” means the Internal Revenue Code of 1986, as amended from time to
time. 
 (h) “Committee” means the Compensation Committee of the Board, and any successor committee thereto or such other
committee of the Board as may be designated by the Board to administer this Plan in whole or in part including any subcommittee of the Board as designated by the Board. 

(i) “Common Stock” means the Common Stock, par value $0.01 per share, of the Company. 

(j) “Company” means Perspecta Inc., a Nevada corporation, or any successor thereto. 

(k) “Disability” means, unless otherwise provided in an Award Agreement, a disability that entitles the Employee to benefits
under the Company’s long-term disability plan, as may be in effect from time to time, as determined by the plan administrator of the long-term disability plan, or if the Employee is not a participant under the Company’s long-term
disability plan, as determined if the Employee were a participant in a long-term disability plan that covers similarly situated employees. Notwithstanding the foregoing, if an Award is subject to Code Section 409A and Disability is a payment
event, the definition of Disability shall conform to the requirements of Treasury Regulation § 1.409A-3(i)(4)(i). 

(l) “Dividend Equivalents” means, in the case of Restricted Stock Units or Performance Units, an amount equal to all dividends
and other distributions (or the economic equivalent thereof) that are payable to shareholders of record during the Restriction Period or performance period, as applicable, on a like number of shares of Common Stock that are subject to the Award.

 (m) “DXC” has the meaning set forth in Section 1. 

(n) “Effective Date” means May 30, 2018, the date prior to the Spinoff on which this Plan was approved by DXC as sole
shareholder of the Company, the predecessor to the Company. 
 (o) “Employee” means an employee of the Company or any of its
Subsidiaries. 
 (p) “Employee Matters Agreement” means the employee matters agreement between the Company and DXC dated
May 31, 2018, as amended. 
 (q) “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to
time. 
 (r) “Exercise Price” means the price at which a Participant may exercise his right to receive cash or Common Stock,
as applicable, under the terms of an Award. 
 (s) “Fair Market Value” of a share of Common Stock means, as of a particular
date, (1) if shares of Common Stock are listed on a national securities exchange, the closing sales price per share of Common Stock on the consolidated transaction reporting system for the principal national securities exchange on which shares
of Common Stock are listed on that date, or, if there shall have been no such sale so reported on that date, on the last preceding date on which such a sale was so reported, (2) if the Common Stock is not so listed, the average of the closing
bid and asked price on that date, or, if there are no quotations available for such date, on the last preceding date on which such quotations shall be available, as reported by an inter-dealer quotation system, (3) if shares of Common Stock are
not publicly traded, the most recent value determined by an independent appraiser appointed by the Committee for such purpose, or (4) if none of the above are applicable, the fair market value of a share of Common Stock as determined in good
faith by the Committee. 

 (t) “Fiscal Year” means a fiscal year of the Company. 

(u) “Grant Date” means the date an Award is granted to a Participant and, with respect to any Spinoff Award, shall mean the
date the award was originally granted. 
 (v) “Incentive Stock Option” means an Option that is intended to comply with the
requirements set forth in Code Section 422. 
 (w) “Merger” has the meaning set forth in Section 1. 

(x) “Nonqualified Stock Option” means an Option that is not intended to comply with the requirements set forth in Code
Section 422. 
 (y) “Option” means a right to purchase a specified number of shares of Common Stock at a specified
Exercise Price, which is either an Incentive Stock Option or a Nonqualified Stock Option, including any such right that is Spinoff Award. 

(z) “Participant” means an Employee to whom an Award has been made under this Plan. Participant also includes any holder of a
Spinoff Award. 
 (aa) “Performance Award” means an Award made pursuant to this Plan to a Participant which is subject to
the attainment of one or more Performance Goals. A Performance Award may be in the form of Performance Unit Awards, Restricted Stock Awards, Options, SARs or Cash Awards. 

(bb) “Performance Goal” means one or more standards established by the Committee to determine in whole or in part whether a
Performance Award shall be earned. 
 (cc) “Performance Unit” means a unit evidencing the right to receive in specified
circumstances cash or shares of Common Stock or equivalent value of Common Stock in cash, the value of which at the time it is settled is determined as a function of the extent to which established performance criteria have been satisfied.
Performance Units may take the form of performance-based Restricted Stock Units or Cash Awards. 
 (dd) “Performance Unit
Award” means an Award in the form of Performance Units. 
 (ee) “Restricted Stock” means a share of Common Stock
that is restricted or subject to forfeiture provisions. 
 (ff) “Restricted Stock Award” means an Award in the form of
Restricted Stock. 
 (gg) “Restricted Stock Unit” means a unit evidencing the right to receive in specified circumstances
one share of Common Stock or equivalent value in cash that is restricted or subject to forfeiture provisions. 
 (hh) “Restricted
Stock Unit Award” means an Award in the form of Restricted Stock Units. 

 (ii) “Restriction Period” means a period of time beginning as of the date upon
which a Restricted Stock Award or Restricted Stock Unit Award is made pursuant to this Plan and ending as of the date upon which such Award is no longer restricted or subject to forfeiture provisions. 

(jj) “Spinoff Awards” means employee equity awards granted under one or more DXC equity incentive plans which were converted
and assumed by the Company in connection with the Spinoff in accordance with the terms of the Employee Matters Agreement. 
 (kk)
“Stock Appreciation Right” or “SAR” means a right to receive a payment, in cash or Common Stock, equal to the excess of the Fair Market Value of a specified number of shares of Common Stock on the date the right is
exercised over a specified Exercise Price, including any such right that is a Spinoff Award. 
 (ll) “Stock Award” means an
Award in the form of shares of Common Stock, including a Restricted Stock Award, and a Restricted Stock Unit Award or Performance Unit Award that may be settled in shares of Common Stock, and excluding Options and SARs, including any such Award that
is a Spinoff Award. 
 (mm) “Subsidiary” means any corporation, partnership, association, joint stock company, business
trust, unincorporated organization or other entity that the Company controls directly, or indirectly through one or more intermediaries. 

Section 3 

Eligibility 
 All
Employees are eligible for Awards under this Plan. The Committee shall determine the type or types of Awards to be made under this Plan and shall designate from time to time the Employees who are to be granted Awards under this Plan. In addition,
holders of Spinoff Awards shall be eligible to participate in the Plan. 
 Section 4 

Shares Subject to Awards 

4.1 Common Stock Available for Awards. Subject to the provisions of Section 18 hereof, there shall be available for
Awards under this Plan granted wholly or partly in Common Stock (including rights or Options that may be exercised for or settled in Common Stock) an aggregate of 9,500,000 shares of Common Stock (the “Maximum Share Limit”). Each Award
(including a Spinoff Award) granted under the Plan, regardless of type, shall reduce the Maximum Share Limit by one share for each share associated with the Award. 

Such shares shall be reserved from authorized but unissued shares, treasury shares and from shares which have been reacquired by the Company.
The Board and the appropriate officers of the Company shall from time to time take whatever actions are necessary to file any required documents with governmental authorities, stock exchanges and transaction reporting systems to ensure that shares
of Common Stock are available for issuance pursuant to Awards. 
 4.2 Share Counting. If an Award (including a Spinoff
Award) expires or is terminated, cancelled or forfeited, the shares of Common Stock associated with the expired, terminated, cancelled or forfeited Award shall again be available for Awards under this Plan. The Maximum Share Limit shall be increased
by one share of Common Stock for each share associated with such terminated, cancelled or forfeited Award. 

 In addition, the following principles shall apply in determining the number of shares under any
applicable limit within the Maximum Share Limit: 
 (a) Shares of Common Stock that are tendered by a Participant or withheld as full or
partial payment to satisfy minimum withholding taxes shall not become available again for issuance under this Plan; 
 (b) Shares of Common
Stock that are tendered by a Participant or withheld as full or partial payment for the Exercise Price of an Award shall not become available again for issuance under this Plan; 

(c) Shares of Common Stock reserved for issuance upon grant of an SAR, to the extent the number of reserved shares of Common Stock exceeds the
number of shares of Common Stock actually issued upon exercise or settlement of such SAR, shall not become available again for issuance under this Plan; 

(d) Awards that by their terms may only be settled in cash shall not reduce the Maximum Share Limit under this Plan; and 

(e) If cash is issued in lieu of shares of Common Stock pursuant to an Award, such shares shall not become available again for issuance under
this Plan. 
 Section 5 

Administration 

5.1 Authority of the Committee; Qualifications. Except as otherwise provided in this Plan with respect to actions or
determinations by the Board, this Plan shall be administered by the Committee, subject to the following: 
 (a) The members of the Committee
shall satisfy any independence requirements prescribed by any stock exchange on which the Company lists its Common Stock; and 
 (b) Awards
may be granted to individuals who are subject to Section 16(b) of the Exchange Act only if the Committee is comprised solely of two or more “Non-Employee Directors” as defined in Securities and
Exchange Commission Rule 16b-3 (as amended from time to time, and any successor rule, regulation or statute fulfilling the same or similar function). 

5.2 Powers. Subject to the provisions hereof, the Committee shall have full and exclusive power and authority to
administer this Plan and to take all actions that are specifically contemplated hereby or are necessary or appropriate in connection with the administration hereof. The Committee shall also have full and exclusive power to interpret this Plan and to
adopt such rules, regulations and guidelines for carrying out this Plan as it may deem necessary or proper, all of which powers shall be exercised in the best interests of the Company and in keeping with the objectives of this Plan. 

Subject to Sections 5.4, 6.2 and 6.3 hereof, the Committee may, in its discretion, 

(a) Provide for the extension of the exercisability of an Award; 

(b) In the event of death, Disability, Change in Control, retirement, involuntary termination without cause or voluntary termination for good
reason, accelerate the vesting or exercisability of an Award, eliminate or make less restrictive any restrictions contained in an Award, waive any restriction or other provision of this Plan or an Award or otherwise amend or modify an Award in any
manner that is, in either case, (1) not adverse to the Participant to whom such Award was granted, (2) consented to by such Participant or (3) authorized by Section 18.3 hereof; provided, however, that no such action shall
permit the term of any Option or SAR to be greater than 10 years from its Grant Date; or 

 (c) Accelerate the vesting or exercisability of an Award to the extent provided for in an
Employee’s employment agreement with the Company or any Subsidiary that was effective prior the Effective Date. 
 5.3
Final and Binding. The Committee may correct any defect or supply any omission or reconcile any inconsistency in this Plan or in any Award Agreement in the manner and to the extent the Committee deems necessary or desirable to
further this Plan’s purposes. Any decision of the Committee in the interpretation and administration of this Plan shall lie within its sole and absolute discretion and shall be final, conclusive and binding on all parties concerned. 

5.4 Prohibition on Repricing of Awards. Subject to the provisions of Section 18 hereof, the Committee may not,
without the approval of the Company’s stockholders, 
  

	 	(a)	reduce the Exercise Price of any outstanding Options or SARs; 

  

	 	(b)	take any action which would be treated as a “repricing” under generally accepted accounting principles; or 

  

	 	(c)	cancel any outstanding Option or SAR at a time when its Exercise Price exceeds the Fair Market Value of the stock underlying such Option or SAR in exchange for (i) another Option or SAR with an Exercise Price below
the Exercise Price of the then outstanding Option or SAR, (ii) any other type of Award, (iii) any other equity in the Company or (iv) cash. 

Nothing in this Section 5.4 shall be construed to apply to the issuance of Spinoff Awards that are Options or SARs. 

5.5 Delegation of Authority. Subject to Nevada law, the Committee may delegate any of its authority to the Board, to any
other committee of the Board or to an Authorized Officer to grant Awards to Employees who are not subject to Section 16(b) of the Exchange Act; provided that the requirements of Section 5.1 are met. Such delegation shall be made in writing
specifically setting forth such delegated authority. As permitted by Nevada law, the Committee may also delegate to an Authorized Officer authority to execute on behalf of the Company any Award Agreement. The Committee and the Board, as applicable,
may engage or authorize the engagement of a third party administrator to carry out administrative functions under this Plan. 

Section 6 

Awards 
 6.1
Grants. The Committee, in its absolute discretion, may grant all Awards under this Plan from time to time. 
 6.2
Award Agreements. Each Award shall be embodied in an Award Agreement, which shall contain such terms, conditions and limitations as shall be determined by the Committee, in its sole discretion, and, if required by the Committee,
shall be signed by the Participant to whom the Award is granted and by an Authorized Officer for and on behalf of the Company. Awards may consist of those listed in Sections 7 - 13 and may be granted singly, in combination or in tandem. Awards may
also be made in combination or in tandem with, in replacement of, or as alternatives to, grants or rights under this Plan or any other plan of the Company or any of its Subsidiaries, including the plan of any acquired entity. Upon the termination of
employment by a Participant who is an Employee, any unexercised, unvested or unpaid Awards shall be treated as set forth in the applicable Award Agreement or in any other written agreement the Company has entered into with the Participant. 

 6.3 Vesting Limitations. Except as otherwise provided below, any Stock
Award, Option or Stock Appreciation Right (other than any Spinoff Award which shall not be subject to the following limits) that 
 (a) is
not a Performance Award shall have a minimum Restriction Period of one year from the date of grant; or 
 (b) is a Performance Award shall
have a minimum performance period of one year from the date of grant; 
 provided, however, that (1) the Committee may provide for earlier
vesting (x) to the extent provided for in an Employee’s employment agreement with the Company or any Subsidiary that was effective prior the Effective Date and (y) upon an Employee’s termination of employment by reason of death,
Disability, Change in Control, retirement, involuntary termination without cause or voluntary termination for good reason and (2) vesting of a Stock Award, Option or Stock Appreciation Right may occur incrementally over the one-year Restriction Period or one-year minimum performance period, as applicable. The foregoing notwithstanding, 475,000 of the total number of shares of Common Stock
available for issuance under this Plan may be granted without regard to any minimum Restriction Period or performance period, as applicable, described in this Section 6.3. 

6.4 Payment of Awards. Payment of Awards may be made in the form of cash or Common Stock, or a combination thereof, and
may include such restrictions as the Committee shall determine, including, but not limited to, in the case of Common Stock, restrictions on transfer and forfeiture provisions. For a Restricted Stock Award, the certificates evidencing the shares of
such Restricted Stock (to the extent that such shares are so evidenced) shall contain appropriate legends and restrictions that describe the terms and conditions of the restrictions applicable thereto. For a Restricted Stock Unit Award that may be
settled in shares of Common Stock, the shares of Common Stock that may be issued at the end of the Restriction Period shall be evidenced by book entry registration or in such other manner as the Committee may determine. 

6.5 Dividends and Dividend Equivalents. Rights to dividends will be extended to and made part of any Restricted Stock
Award and Dividend Equivalents may, in the Committee’s discretion, be extended to and made part of any Restricted Stock Unit Award and Performance Unit Award, subject in each case to such terms, conditions and restrictions as the Committee may
establish; provided, however, that no such dividends or Dividend Equivalents shall be paid with respect to unvested Stock Awards, including Stock Awards subject to Performance Goals. Dividends and/or Dividend Equivalents shall not be
extended to any Options or SARs. 
 6.6 Spinoff Awards. Notwithstanding anything in the Plan to the contrary, Spinoff
Awards shall be governed by the terms of the Spinoff Awards as in effect immediately prior to the Spinoff, except for any adjustment pursuant to the terms of the Employee Matters Agreement. A former DXC employee who remains employed with the Company
following the Spinoff and Merger will not be deemed to have terminated employment for purposes of any Spinoff Award such employee holds as a result of the Spinoff and Merger, and any prior service with DXC and its Subsidiaries prior to the Spinoff
and Merger shall continue to count for vesting and other purposes under the Spinoff Award. With respect to any Spinoff Awards that were in effect on November 2, 2017 and were intended to qualify for the performance-based exception to
Section 162(m) of the Code, such Spinoff Awards shall continue to be administered in accordance with the applicable requirements for qualifying for the performance-based exception under Section 162(m) of the Code for periods after the
Effective Date. 

 Section 7 

Options 
 7.1
General. An Award may be in the form of an Option. An Option awarded pursuant to this Plan may consist of either an Incentive Stock Option or a Nonqualified Stock Option. Subject to Section 18 hereof, the price at which shares
of Common Stock may be purchased upon the exercise of an Option shall be not less than the Fair Market Value of the Common Stock on the Grant Date. For avoidance of doubt, Spinoff Awards that are Options may have an Exercise Price that is less than
the Fair Market Value of the Common Stock on the date such Awards are converted and assumed by the Company. The term of an Option shall not exceed 10 years from the Grant Date. Options may not include provisions that “reload” the Option
upon exercise. Subject to the foregoing provisions, the terms, conditions and limitations applicable to any Option, including, but not limited to, the term of any Option and the date or dates upon which the Option becomes vested and exercisable,
shall be determined by the Committee and subject to the minimum Restriction Period and performance period requirements and any other applicable requirements described in Section 6 hereof. 

7.2 Option Exercise. The Exercise Price shall be paid in full at the time of exercise in cash or, if permitted by the
Committee and elected by the Participant, the Participant may pay the exercise price by means of the Company withholding shares of Common Stock otherwise deliverable on exercise of the Award or tendering Common Stock valued at Fair Market Value on
the date of exercise, or any combination thereof. The Committee, in its sole discretion, shall determine acceptable methods for Participants to tender Common Stock. The Committee may provide for procedures to permit the exercise or purchase of such
Awards by use of the proceeds to be received from the sale of Common Stock issuable pursuant to an Award (including cashless exercise procedures approved by the Committee involving a broker or dealer approved by the Committee). The Committee may
adopt additional rules and procedures regarding the exercise of Options from time to time, provided that such rules and procedures are not inconsistent with the provisions of this Section. 

Section 8 
 Stock
Appreciation Rights 
 An Award may be in the form of an SAR. The Exercise Price for an SAR shall not be less than the Fair Market Value
of the Common Stock on the Grant Date. For avoidance of doubt, Spinoff Awards that are SARs may have an Exercise Price that is less than the Fair Market Value of the Common Stock on the date such Awards are converted and assumed by the Company. The
holder of a tandem SAR may elect to exercise either the Option or the SAR, but not both. The exercise period for an SAR shall extend no more than 10 years after the Grant Date. SARs may not include provisions that “reload” the SAR upon
exercise. Subject to the foregoing provisions, the terms, conditions, and limitations applicable to any SAR, including, but not limited to, the term of any SAR and the date or dates upon which the SAR becomes vested and exercisable, shall be
determined by the Committee; provided, however, that a SAR that may be settled all or in part in shares of Common Stock shall be subject to the minimum Restriction Period and performance period requirements and any other applicable
requirements described in Section 6 hereof. 

 Section 9 

Restricted Stock Awards 

An Award may be in the form of a Restricted Stock Award. The terms, conditions and limitations applicable to any Restricted Stock Award,
including, but not limited to, vesting or other restrictions, shall be determined by the Committee and subject to the minimum Restriction Period and performance period requirements and any other applicable requirements described in Section 6
hereof. 
 Section 10 

Restricted Stock Unit Awards 

An Award may be in the form of a Restricted Stock Unit Award. The terms, conditions and limitations applicable to a Restricted Stock Unit
Award, including, but not limited to, the Restriction Period and the right to Dividend Equivalents, if any, shall be determined by the Committee. Subject to the terms of this Plan, the Committee, in its sole discretion, may settle Restricted Stock
Units in the form of cash or in shares of Common Stock (or in a combination thereof) equal to the value of the vested Restricted Stock Units; provided, however, that a Restricted Stock Unit Award that may be settled all or in part in shares
of Common Stock shall be subject to the minimum Restriction Period and performance period requirements and any other applicable requirements described in Section 6 hereof. 

Section 11 

Performance Unit Awards 

An Award may be in the form of a Performance Unit Award. Each Performance Unit shall have an initial value that is established by the
Committee on the Grant Date. Subject to the terms of this Plan, after the applicable performance period has ended, the Participant shall be entitled to receive settlement of the value and number of Performance Units earned by the Participant over
the performance period, to be determined as a function of the extent to which the corresponding performance goals have been achieved. The timing and the terms of settlement of earned Performance Units shall be as determined by the Committee and as
evidenced in an Award Agreement. Subject to the terms of this Plan, the Committee, in its sole discretion, may settle earned Performance Units in the form of cash or in shares of Common Stock (or in a combination thereof) equal to the value of the
earned Performance Units as soon as practicable after the end of the performance period and following the Committee’s determination of actual performance against the performance measures and related goals established by the Committee;
provided, however, that a Performance Unit Award that may be settled all or in part in shares of Common Stock shall be subject to the minimum Restriction Period and performance period requirements and any other applicable requirements described
in Section 6 hereof. 
 Section 12 

Cash Awards 
 An Award may
be in the form of a Cash Award. The terms, conditions and limitations applicable to a Cash Award, including, but not limited to, vesting or other restrictions, shall be determined by the Committee. 

 Section 13 

Performance Awards 

Without limiting the type or number of Awards that may be made under the other provisions of this Plan, an Award may be in the form of a
Performance Award. The terms, conditions and limitations applicable to an Award that is a Performance Award shall be determined by the Committee. 

13.1 General. Performance Awards granted to Employees shall be based on achievement of such Performance Goals and
be subject to such terms, conditions and restrictions as the Committee or its delegate shall determine. 
 13.2 Adjustment of
Performance Awards. The Committee may provide in any such Performance Award in writing in advance that the results may be adjusted to include or exclude particular factors, including but not limited to any of the following events that occur
during a Performance Period: 
 (a) asset write-downs; 

(b) litigation or claim judgments or settlements; 

(c) the effect of changes in tax laws, accounting principles, or other laws or provisions affecting reported results; 

(d) any reorganization and restructuring programs; 

(e) extraordinary nonrecurring items as described in Accounting Principles Board Opinion No. 30 and/or in management’s discussion and
analysis of financial condition and results of operations appearing in the Company’s annual report to shareholders for the applicable Fiscal Year; 

(f) acquisitions or divestitures; 

(g) foreign exchange gains and losses; and 

(h) settlement of hedging activities. 

The Committee may retain the discretion to adjust any Performance Awards upward or downward, either on a formula or discretionary basis or any
combination, as the Committee determines. 
 Section 14 

Change of Control 

Notwithstanding any other provision of this Plan to the contrary, unless (1) an Award Agreement shall specify otherwise or (2) the
agreement effectuating the Change in Control fails to provide for the assumption or substitution of Awards (in which case, the Committee may make any of the adjustments to outstanding Awards authorized by Section 18.3), upon a
Participant’s qualifying termination of employment within two (2) years after the date of the Change in Control: 
 (a) all
outstanding Options that have not vested in full on or prior thereto shall be fully vested and exercisable; 
 (b) all restrictions
applicable to outstanding Restricted Stock shall lapse in full; 
 (c) all outstanding Restricted Stock Units that have not vested in full on
or prior thereto shall be fully vested; 

 (d) if the qualifying termination of employment occurs during the Performance Period, all
Performance Awards shall be considered earned and payable at their target value, prorated for the portion of the Performance Period that has elapsed and shall be immediately paid or settled; and 

(e) if the qualifying termination of employment occurs after the Performance Period, all Performance Awards shall, as soon as
administratively practicable, be paid or settled based on the actual achievement of the applicable performance goals. 
 For this purpose, a
qualifying termination of employment shall be as determined by the Committee and set forth in the applicable Award Agreement and may include, without limitation, involuntary termination without cause, death, disability or retirement. 

Section 15 
 Taxes

 The Company shall have the right to deduct applicable taxes from any Award payment and withhold, at the time of delivery or vesting
of cash or shares of Common Stock under this Plan, an appropriate amount of cash or number of shares of Common Stock or a combination thereof for payment of required withholding taxes or to take such other action as may be necessary in the opinion
of the Company to satisfy all obligations for withholding of such taxes; provided, however, that the number of shares of Common Stock withheld for payment of required withholding taxes must equal no more than the maximum individual statutory
rate in the applicable jurisdiction. The Committee may also permit withholding to be satisfied by the transfer to the Company of shares of Common Stock theretofore owned by the holder of the Award with respect to which withholding is required. If
shares of Common Stock are used to satisfy tax withholding, such shares shall be valued based on the Fair Market Value when the tax withholding is required to be made. 

Section 16 

Amendment, Modification, Suspension or Termination 

The Board may amend, modify, suspend or terminate this Plan (and the Committee may amend an Award Agreement) for the purpose of meeting or
addressing any changes in legal requirements or for any other purpose permitted by law, except that no amendment or alteration that would adversely affect the rights of any Participant under any Award previously granted to such Participant shall be
made without the consent of such Participant. 
 No amendment or alteration shall be effective prior to its approval by the stockholders of
the Company to the extent stockholder approval is otherwise required by applicable legal requirements or the requirements of the securities exchange on which the Company’s stock is listed, including any amendment that: 

(a) expands the types of Awards available under this Plan; 

(b) materially increases the number of shares of Common Stock available for Awards under this Plan; 

(c) materially expands the classes of persons eligible for Awards under this Plan; 

(d) materially extends the term of this Plan; 

 (e) materially changes the method of determining the Exercise Price of Options; 

(f) deletes or limits any provisions of this Plan that prohibit the repricing of Options or SARs; or 

(g) decreases any minimum vesting requirements for any Stock Award. 

Section 17 

Assignability 
 Unless
otherwise determined by the Committee and expressly provided for in an Award Agreement, no Award or any other benefit under this Plan shall be assignable or otherwise transferable except (1) by will or the laws of descent and distribution or
(2) pursuant to a domestic relations order issued by a court of competent jurisdiction that is not contrary to the terms and conditions of this Plan or applicable Award and in a form acceptable to the Committee. The Committee may prescribe and
include in applicable Award Agreements other restrictions on transfer. Any attempted assignment of an Award or any other benefit under this Plan in violation of this Section 17 shall be null and void. Notwithstanding the foregoing, no Award may
be transferred for value or consideration. 
 Section 18 

Adjustments 
 18.1
Outstanding Awards. The existence of outstanding Awards shall not affect in any manner the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other
changes in the capital stock of the Company or its business or any merger or consolidation of the Company, or any issue of bonds, debentures, preferred or prior preference stock (whether or not such issue is prior to, on a parity with or junior to
the Common Stock) or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding of any kind, whether or not of a character similar to that of the acts
or proceedings enumerated above. 
 18.2 Plan Adjustments 

(a) Subdivision or Consolidation. In the event of any subdivision or consolidation of outstanding shares of Common Stock,
declaration of a dividend payable in shares of Common Stock or other stock split, then: 
 (i) the number of shares of Common Stock
reserved under this Plan and the number of shares of Common Stock available for issuance pursuant to specific types of Awards as described in Section 4; 

(ii) the number of shares of Common Stock covered by outstanding Awards; 

(iii) the exercise price or other price in respect of such Awards; 

(iv) the appropriate Fair Market Value and other price determinations for such Awards; and 

(v) any other limitations contained within this Plan shall each be proportionately adjusted by the Committee as appropriate to reflect
such transaction. 

 (b) Recapitalizations, Reorganizations, etc. In the event of any other
recapitalization or capital reorganization of the Company, any consolidation or merger of the Company with another corporation or entity, the adoption by the Company of any plan of exchange affecting the Common Stock or any distribution to holders
of Common Stock of securities or property (other than normal cash dividends or dividends payable in Common Stock), the Committee shall make appropriate adjustments to: 

(i) the number of shares of Common Stock reserved under this Plan and the number of shares of Common Stock available for issuance pursuant
to specific types of Awards as described in Section 4; 
 (ii) the number of shares of Common Stock covered by outstanding Awards;

 (iii) the exercise price or other price in respect of such Awards; 

(iv) the appropriate Fair Market Value and other price determinations for such Awards; and 

(v) any other limitations contained within this Plan; 

provided that such adjustments shall only be such as are necessary to maintain the proportionate interest of the holders of the Awards and preserve, without
exceeding, the value of such Awards. 
 18.3 Award Adjustments. In the event of a corporate merger, consolidation,
acquisition of property or stock, separation, split-up, spin-off, split-off, initial public offering of the common equity of a
Subsidiary, reorganization or liquidation, or other Change in Control in which the Company is not the surviving publicly traded entity, the Committee may make such adjustments to Awards or other provisions for the disposition of Awards as it deems
equitable, and shall be authorized, in its discretion, to: 
 (a) provide for the substitution of a new Award or other arrangement
(which, if applicable, may be exercisable for such property or stock as the Committee determines, including stock of another company) for an Award or the assumption of the Award (and for awards not granted under this Plan), regardless of whether in
a transaction to which Code Section 424(a) applies; 
 (b) provide, prior to the transaction, for the acceleration of the vesting
and exercisability of, or lapse of restrictions with respect to, the Award and, if the transaction is a cash merger, provide for the termination of any portion of the Award that remains unexercised at the time of such transaction; 

(c) provide for the acceleration of the vesting and exercisability of an Award and the cancellation thereof in exchange for such payment
as the Committee, in its sole discretion, determines is a reasonable approximation of the value thereof; 
 (d) cancel any Awards and
direct the Company to deliver to the Participants who are the holders of such Awards cash in an amount that the Committee shall determine in its sole discretion is equal to the Fair Market Value of such Awards as of the date of such event, which, in
the case of any Option, shall be the amount equal to the excess of the Fair Market Value of a share of Common Stock as of such date over the per-share exercise price for such Option (for the avoidance of
doubt, if such exercise price is less than such Fair Market Value, the Option may be canceled for no consideration or for such consideration that the Committee shall determine or as provided by the agreement effectuating an event described in this
Section 18.3); or 
 (e) cancel Awards that are Options and give the Participants who are the holders of such Awards notice and
opportunity to exercise prior to such cancellation; 
 provided, however, that the vesting of any time-based awards shall be accelerated upon a Change in
Control only if the awards are not assumed by or substituted for awards of the acquiring entity, and the acceleration of vesting of any performance-based awards upon a Change in Control shall be adjusted for actual performance and/or the fractional
performance period through the date of the Change of Control. 

 18.4 Compliance with Code Section 409A. No
adjustment or substitution pursuant to this Section 18 shall be made in a manner that results in noncompliance with the requirements of Code Section 409A, to the extent applicable. 

Section 19 

Restrictions 
 No Common
Stock or other form of payment shall be issued with respect to any Award unless the Company shall be satisfied based on the advice of its counsel that such issuance will be in compliance with applicable federal and state securities laws.
Certificates evidencing shares of Common Stock delivered under this Plan (to the extent that such shares are so evidenced) may be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the rules,
regulations and other requirements of the Securities and Exchange Commission, any securities exchange or transaction reporting system upon which the Common Stock is then listed or to which it is admitted for quotation and any applicable federal or
state securities law. The Committee may cause a legend or legends to be placed upon such certificates (if any) to make appropriate reference to such restrictions. 

Section 20 

Unfunded Plan 
 This Plan
is unfunded. Although bookkeeping accounts may be established with respect to Participants who are entitled to cash, Common Stock or rights thereto under this Plan, any such accounts shall be used merely as a bookkeeping convenience. The Company
shall not be required to segregate any assets that may at any time be represented by cash, Common Stock or rights thereto, nor shall this Plan be construed as providing for such segregation, nor shall the Company, the Board or the Committee be
deemed to be a trustee of any cash, Common Stock or rights thereto to be granted under this Plan. Any liability or obligation of the Company to any Participant with respect to an Award of cash, Common Stock or rights thereto under this Plan shall be
based solely upon any contractual obligations that may be created by this Plan and any Award Agreement, and no such liability or obligation of the Company shall be deemed to be secured by any pledge or other encumbrance on any property of the
Company. None of the Company, the Board or the Committee shall be required to give any security or bond for the performance of any obligation that may be created by this Plan. With respect to this Plan and any Awards granted hereunder, Participants
are general and unsecured creditors of the Company and have no rights or claims except as otherwise provided in this Plan or any applicable Award Agreement. 

Section 21 
 Code
Section 409A 
 21.1 Awards. Awards made under this Plan are intended to comply with or be exempt from Code
Section 409A, and ambiguous provisions hereof, if any, shall be construed and interpreted in a manner consistent with such intent. No payment, benefit or consideration shall be substituted for an Award if such action would result in the
imposition of taxes under Code Section 409A. Notwithstanding anything in this Plan to the contrary, if any Plan provision or Award under this Plan would result in the imposition of an additional tax under Code Section 409A, that Plan
provision or Award shall be reformed, to the extent permissible under Code Section 409A, to avoid imposition of the additional tax, and no such action shall be deemed to adversely affect the Participant’s rights to an Award. 

 21.2 Settlement Period. Unless the Committee provides otherwise in an Award
Agreement, each Restricted Stock Unit Award, Performance Unit Award or Cash Award (or portion thereof if the Award is subject to a vesting schedule) shall be settled no later than the 15th day of the third month after the end of the first calendar
year in which the Award (or such portion thereof) is no longer subject to a “substantial risk of forfeiture” within the meaning of Code Section 409A. If the Committee determines that a Restricted Stock Unit Award, Performance Unit
Award or Cash Award is intended to be subject to Code Section 409A, the applicable Award Agreement shall include terms that are designed to satisfy the requirements of Code Section 409A. 

21.3 Specified Employees. If the Participant is identified by the Company as a “specified employee” within the
meaning of Code Section 409A(a)(2)(B)(i) on the date on which the Participant has a “separation from service” (other than due to death) within the meaning of Treasury Regulation §
1.409A-1(h), any Award payable or settled on account of a separation from service that is deferred compensation subject to Code Section 409A shall be paid or settled on the earliest of (i) the first
business day following the expiration of six months from the Participant’s separation from service, (ii) the date of the Participant’s death, or (iii) such earlier date as complies with the requirements of Code Section 409A.

 Section 22 

Award Termination, Forfeiture and Disgorgement 

The Committee shall have full power and authority to determine whether, to what extent and under what circumstances any Award shall be
terminated or forfeited, or the Participant should be required to disgorge to the Company any gains attributable to the Award. Such circumstances may include, without limitation, the following actions by a Participant: 

(a) competing with the Company or participating in any enterprise that competes with the Company; 

(b) using or disclosing, other than as expressly authorized by the Company or a Subsidiary, any confidential business information or trade
secrets that the Participant obtains during the course of his or her employment with the Company or any Subsidiary; and 
 (c) after the
Participant is no longer employed by the Company or any Subsidiary: 
 (i) soliciting, with respect to any of the services or products that
the Company or any Subsidiary then provides to customers, any person or entity whom the Participant knows to be a customer of the Company or any Subsidiary, or whose business the Participant solicited on behalf of the Company or any Subsidiary while
employed by it, 
 (ii) soliciting or hiring any person who is then an Employee, or 

(iii) taking any action that, in the judgment of the Committee, is not in the best interests of the Company. 

Additionally, any Awards granted pursuant to this Plan shall be subject to any recoupment or clawback policy that is adopted by, or applicable
to, the Company. 

 Section 23 

Awards to Non-U.S. Employees 

Awards may be granted to Employees who are foreign nationals or employed outside the United States, or both, on such terms and conditions
different from those applicable to Awards to Employees employed in the United States as may, in the judgment of the Committee, be necessary or desirable in order to recognize differences in local law or tax policy. The Committee also may impose
conditions on the exercise or vesting of Awards in order to minimize the Company’s obligation with respect to tax equalization for Employees on assignments outside their home country. 

Section 24 

Governing Law 
 This Plan
and all determinations made and actions taken pursuant hereto, to the extent not otherwise governed by mandatory provisions of the Code or the securities laws of the United States, shall be governed by and construed in accordance with the laws of
the State of Nevada. 
 Section 25 

Right to Continued Service or Employment 

Nothing in this Plan or an Award Agreement shall interfere with or limit in any way the right of the Company or any of its Subsidiaries to
terminate any Participant’s employment or other service relationship with the Company or its Subsidiaries at any time, nor confer upon any Participant any right to continue in the capacity in which he is employed or otherwise serves the Company
or its Subsidiaries. 
 Section 26 

Term 
 This Plan shall be
effective as of the Effective Date. This Plan shall continue in effect for a term of 10 years commencing on the Effective Date, unless earlier terminated by action of the Board. 

Section 27 
 Usage

 Words used in this Plan in the singular shall include the plural and in the plural the singular, and the gender of words used shall
be construed to include whichever may be appropriate under any particular circumstances of the masculine, feminine or neuter genders. 

Section 28 

Headings 
 The headings in
this Plan are inserted for convenience of reference only and shall not affect the meaning or interpretation of this Plan.

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