Document:

Form of 2012 Performance-Based Restricted Stock Grant.

  
 Exhibit 10.2

 NUTRISYSTEM, INC. 
 2008 LONG-TERM INCENTIVE PLAN 
 PERFORMANCE-BASED RESTRICTED STOCK UNIT GRANT

 2012 PERFORMANCE PERIOD 
 Name 
 This PERFORMANCE-BASED RESTRICTED STOCK UNIT GRANT, dated as
of September 22, 2010, (the “Date of Grant”), is delivered by Nutrisystem, Inc. (the “Company”) to Name (the “Grantee”). 

RECITALS 

A. The Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company
has approved a performance share award program (the “Program”) pursuant to which eligible grantees will be awarded a performance-based restricted stock unit grant on the Date of Grant that will be convertible into an equivalent
number of shares of common stock of the Company, par value $0.001 per share, (the “Company Stock”), with the total number of performance-based restricted stock units that may be earned and converted into shares of Company Stock
conditioned on the achievement of specified performance goals and certain vesting conditions. 
 B. The Committee has determined
that the Grantee is eligible to participate in the Program and has determined to grant the Grantee a performance-based restricted stock unit grant under the Program, which grant will be issued under the Nutrisystem, Inc. 2008 Long-Term Incentive
Plan (the “Plan”). The Grantee may receive a copy of the Plan by contacting the Corporate Controller. 
 C. The
Committee has determined that the terms and conditions of the grant awarded to the Grantee under the Program shall be set forth herein (the “Grant”). 
 NOW, THEREFORE, the parties to this Grant, intending to be legally bound hereby, agree as follows: 

1. Grant of Performance-Based Restricted Stock Units. Subject to the terms and conditions set forth in this Grant and the Plan, the Company hereby
grants to the Grantee # Shares performance-based restricted stock units (the “Performance Units”). The Performance Units are contingently awarded and will be earned and distributable if and only to the extent that the
performance goals and other conditions set forth in this Grant are met. Each Performance Unit shall be a phantom right and shall be equivalent to one share of Company Stock on the applicable distribution date, as described in Paragraph 4 below. The
number of Performance Units set forth above is equal to the target number of Performance Units that the Grantee will earn for 100% achievement of the performance goals as described in Paragraph 3(a) below (the “Target Award”).

  
 2. Performance Unit Account.
The Company shall establish and maintain a Performance Unit account as a bookkeeping account on its records (the “Performance Unit Account”) for the Grantee and shall record in such Performance Unit Account the number of Performance
Units earned by the Grantee. The Grantee shall not have any interest in any fund or specific assets of the Company by reason of this grant or the Performance Unit Account established for the Grantee. 

3. Vesting. 
 (a) Except
as provided below, the Performance Units shall vest on March 1, 2013 (the “Service Date”) if the Grantee continues to be employed by, or providing service to, the Employer (as defined in the Plan) from the Date of Grant through
the Service Date; provided, however, that the total number of Performance Units that shall become vested on the Service Date shall be determined based on the level of satisfaction of the performance goals for the performance period beginning on
January 1, 2012 and ending on December 31, 2012 (the “Performance Period”) to be established by the Committee in its sole discretion on a date (the “Establishment Date”) on or prior to March 31, 2012
(the “2012 Performance Goals”). At the Establishment Date, the 2012 Performance Goals shall be set forth on Exhibit A hereto and be a part of this Grant. The Committee shall certify the level of achievement of the 2012
Performance Goals, which certification shall occur as soon as administratively practicable after January 1, 2013, but not later than March 15, 2013 (the “Certification Date”). Any portion of the Performance Units that do
not become earned because of the failure to fully satisfy the 2012 Performance Goals shall be forfeited as of the Certification Date and the Grantee shall not have any rights with respect to the vesting or the distribution of the portion of the
Performance Units that have become forfeited. 
 (b) If at any time after the Establishment Date and prior to the Certification
Date the Grantee ceases to be employed by, or provide service to, the Employer on account of a termination of employment or service by the Employer for any reason other than on account of Cause (as defined below) or because of the Grantee’s
death, the Grantee shall become vested in a pro-rata portion of the Performance Units as certified by the Committee on the Certification Date. The pro-rated portion shall be determined by multiplying (x) the lesser of (i) the number of
Performance Units that the Grantee would have earned if the Grantee’s employment had not terminated, based on actual achievement of the 2012 Performance Goals as certified by the Committee on the Certification Date, or (ii) the number of
Performance Units payable at the Target Award level, by (y) a fraction, (I) the numerator of which is the number of whole months the Grantee was employed by, or providing service to, the Employer, as measured from March 1, 2010 to the
month in which the Grantee ceases to be employed by, or provide service to, the Employer on account of termination of employment or service by the Employer for any reason other than on account of Cause or because of the Grantee’s death, and
(II) the denominator of which is thirty-six (36). Any portion of the Performance Units that do not become earned because of the failure to fully satisfy the 2012 Performance Goals (or that are in excess of the Target Award), along with the pro rata
portion of the Performance Units that do not become vested as described above because of the termination of employment or service, shall be forfeited as of the Certification Date and the Grantee shall not have any rights with respect to the vesting
or the distribution of the portion of the Performance Units that have become forfeited. For purposes of this Grant, the term “Cause” shall mean (i) the Grantee is convicted of a felony,

  
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other than a felony that involves a vehicular traffic offense, or (ii) in the reasonable determination of the Board, the Grantee has done any one of the following: (A) committed an act
of fraud, embezzlement, or theft in connection with the Grantee’s duties in the course of the Grantee’s employment or service with the Employer, (B) caused intentional, wrongful damage to the property of the Employer,
(C) materially breached (other than by reason of illness, injury or incapacity) the Grantee’s Employment Agreement, if any, with the Employer, or the Grantee’s Nondisclosure and Noncompete Agreement for Management Employees (the
“Noncompete Agreement”), that the Grantee shall not have remedied within 30 days after receiving written notice from the Board specifying the details of the breach, or (D) engaged in gross misconduct or gross negligence in the
course of the Grantee’s employment or service with the Employer. 
 (c) If at any time after the Certification Date, but
prior to the Service Date, the Grantee ceases to be employed by, or provide service to, the Employer on account of a termination of employment or service by the Employer for any reason other than on account of Cause or because of the Grantee’s
death, the Grantee shall become vested in a pro-rata portion of the Performance Units that were earned based on the level of achievement of the 2012 Performance Goals, as certified by the Committee on the Certification Date. The pro-rated portion
shall be determined by multiplying (x) the number of Performance Units that the Grantee earned based on the level of achievement of the 2012 Performance Goals as certified by the Committee on the Certification Date, by (y) a fraction,
(I) the numerator of which is the number of whole months the Grantee was employed by, or providing service to, the Employer, as measured from March 1, 2010 to the month in which the Grantee ceases to be employed by, or providing service
to, the Employer on account of termination of employment or service by the Employer for any reason other than on account of Cause or because of the Grantee’s death, and (II) the denominator of which is thirty-six (36). The pro rata portion of
the Performance Units that do not become vested as described above because of the termination of employment or service prior to the Service Date shall be forfeited as of the date on which the Grantee’s employment or service with the Employer
has terminated and the Grantee shall not have any rights with respect to the vesting or the distribution of the portion of the Performance Units that have become forfeited. Any portion of the Performance Units that were not earned as of the
Certification Date were forfeited as of the Certification Date and the Grantee shall not have any rights with respect to the vesting or the distribution of the portion of the Performance Units that did not become earned. 

(d) If at any time prior to the Establishment Date, but while the Grantee is employed by, or providing service to, the Employer, a Change
of Control (as defined below) occurs, then the Performance Units shall be considered earned at the Target Level as of the date of the Change of Control (the “Change of Control Date”), and the Grantee shall become fully vested in
such Performance Units as of the Change of Control Date. If at any time on or after the Establishment Date and prior to the Certification Date, but while the Grantee is employed by, or providing service to, the Employer, a Change of Control occurs,
then the Performance Units shall be considered earned at the maximum level established under the 2012 Performance Goals as of the date of the Change of Control Date, and the Grantee shall become fully vested in such Performance Units as of the
Change of Control Date. For purposes of this Grant, the term “Change of Control” shall mean as such term is defined in the Plan, except that a Change of Control shall not be deemed to have occurred for purposes of this Grant unless
the event constituting the Change of Control constitutes a change in ownership or effective control of the Company, or in the ownership of a substantial portion of the assets of the Company, within the meaning of section 409A of the Internal Revenue
Code of 1986, as amended (the “Code”) and its corresponding regulations. 

  
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 (e) If at any time
after the Certification Date, but prior to the Service Date, while the Grantee is employed by, or providing service to, the Employer, a Change of Control occurs, then the Performance Units which were earned as of the Certification Date based on the
level of achievement of the 2012 Performance Goals as certified by the Committee shall become fully vested as of the Change of Control Date. Any portion of the Performance Units that were not earned as of the Certification Date were forfeited as of
the Certification Date and the Grantee shall not have any rights with respect to the vesting or the distribution of the portion of the Performance Units that did not become earned. 

(f) If at any time prior to the earlier of the Service Date or a Change of Control, the Grantee’s employment or service with the
Employer is terminated by the Employer on account of Cause or by the Grantee for any reason or no reason, all of the Performance Units subject to this Grant, whether or not earned, shall be immediately forfeited and the Grantee shall not have any
rights with respect to the distribution of any portion of the Performance Units, irrespective of the level of achievement of the 2012 Performance Goals. 
 4. Time and Form of Payment with Respect to Performance Units. The Grantee shall receive a distribution with respect to the Performance Units earned and vested as described in Paragraph 3 above
within thirty (30) days following the earlier of (a) the Service Date, or (b) the Change of Control Date. The Performance Units will be distributed in shares of Company Stock, with each Performance Unit earned and vested equivalent to
one share of Company Stock. Any Performance Units not earned because of the failure to attain the 2012 Performance Goals or because of the failure to satisfy the service vesting condition are forfeited as described in Paragraph 3 above. 

5. Dividend Equivalents. With respect to any Performance Units that have become earned based on the level of achievement of the 2012 Performance
Goals as certified by the Committee on the Certification Date, for the period between (a) January 1, 2013 and (b) the earlier of (x) the Service Date or (y) the Change of Control Date, if any dividends are declared with
respect to the shares of Company Stock, the Company shall credit to a dividend equivalent account (the “Dividend Equivalent Account”) the value of the dividends that would have been distributed if the earned Performance Units
credited to the Grantee’s Performance Unit Account at the time of the declaration of the dividend were shares of Company Stock. At the same time that the Performance Units are converted to shares of Company Stock and distributed to the Grantee
as set forth in Paragraph 4, the Company shall pay to the Grantee a lump sum cash payment equal to the value of the dividends credited to the Grantee’s Dividend Equivalent Account; provided, however, that any dividends that were credited to the
Grantee’s Dividend Equivalent Account that are attributable to Performance Units that have been forfeited as provided in Paragraph 3 above shall be forfeited and not payable to the Grantee. No interest shall accrue on any dividend equivalents
credited to the Grantee’s Dividend Equivalent Account. 
 6. Change of Control. Except as set forth above, the provisions set forth
in the Plan applicable to a Change of Control shall apply to the Performance Units, and, in the event of a Change of Control, the Committee may take such actions as it deems appropriate pursuant to the Plan and is consistent with the requirements of
section 409A of the Code and this Grant. 

  
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 7. Acknowledgment by Grantee.
By accepting this Grant, the Grantee acknowledges that with respect to any right to distribution and payment pursuant to this Grant, the Grantee is and shall be an unsecured general creditor of the Company without any preference as against other
unsecured general creditors of the Company, and the Grantee hereby covenants for himself or herself, and anyone at any time claiming through or under the Grantee, not to claim any such preference, and hereby disclaims and waives any such preference
which may at any time be at issue, to the fullest extent permitted by applicable law. The Grantee also hereby agrees to be bound by the terms and conditions of the Plan and this Grant. The Grantee further agrees to be bound by the determinations and
decisions of the Committee with respect to this Grant and the Plan and the Grantee’s rights to benefits under this Grant and the Plan, and agrees that all such determinations and decisions of the Committee shall be binding on the Grantee, his
or her beneficiaries and any other person having or claiming an interest under this Grant and the Plan on behalf of the Grantee. 
 8.
Restrictions on Issuance or Transfer of Shares of Company Stock. 
 (a) The obligation of the Company to deliver shares of
Company Stock on the distribution date with respect to the earned Performance Units in which the Grantee has become vested shall be subject to the condition that if at any time the Committee shall determine in its discretion that the listing,
registration or qualification of the shares of Company Stock upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body is necessary or desirable as a condition of, or in connection
with, the issuance of shares of Company Stock, the shares of Company Stock may not be issued in whole or in part unless such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not
acceptable to the Committee. The issuance of shares of Company Stock and the payment of cash to the Grantee pursuant to this Grant is subject to any applicable taxes and other laws or regulations of the United States or of any state having
jurisdiction thereof. 
 (b) As a condition to the receipt of any shares of Company Stock upon distribution of the earned and
vested Performance Units, the Grantee agrees to be bound by the Company’s policies, including, but not limited to, the Company’s Insider Trading Policy, regarding the limitations on the transfer of such shares, and understands that there
may be certain times during the year that the Grantee will be prohibited from selling, transferring, pledging, donating, assigning, mortgaging, hypothecating or otherwise encumbering the shares. 

9. Grant Subject to Plan Provisions. This Grant is made pursuant to the Plan, the terms of which are incorporated herein by reference, and in all
respects shall be interpreted in accordance with the Plan. In the event of any contradiction, distinction or difference between this Grant and the terms of the Plan, the terms of the Plan will control. Except as otherwise defined in this Grant,
capitalized terms used in this Grant shall have the meanings set forth in the Plan. This Grant is subject to the interpretations, regulations and determinations concerning the Plan established from time to time by the Committee in accordance with
the provisions of the Plan, including, but not limited to, provisions pertaining to (a) rights and obligations with respect to 

  
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withholding taxes, (b) the registration, qualification or listing of the shares of Company Stock, (c) changes in capitalization of the Company, and (d) other requirements of
applicable law. The Committee shall have the authority to interpret and construe this Grant pursuant to the terms of the Plan, its decisions shall be conclusive as to any questions arising hereunder and the Grantee’s acceptance of this Grant is
the Grantee’s agreement to be bound by the interpretations and decisions of the Committee with respect to this Grant and the Plan. 
 10.
No Rights as Stockholder. The Grantee shall not have any rights as a stockholder of the Company, including the right to any cash dividends (except as provided in Paragraph 5), or the right to vote, with respect to any Performance Units.

 11. No Rights to Continued Employment or Service. This Grant shall not confer upon the Grantee any right to be retained in the
employment or service of the Employer and shall not interfere in any way with the right of the Employer to terminate the Grantee’s employment or service at any time. The right of the Employer to terminate at will the Grantee’s employment
or service at any time for any reason is specifically reserved. 
 12. Confidential Information, Non-Competition and
Non-Solicitation. The Grantee reaffirms and acknowledges the Grantee’s obligations under the Nondisclosure and Noncompete Agreement for Management Employees. 
 13. Assignment and Transfers. No Performance Units or dividend equivalents awarded to the Grantee under this Grant may be transferred, assigned, pledged, or encumbered by the Grantee and the
Performance Units and dividend equivalents shall be distributed during the lifetime of the Grantee only for the benefit of the Grantee. Any attempt to transfer, assign, pledge, or encumber the Performance Units or dividend equivalents under this
Grant by the Grantee shall be null, void and without effect. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company. This Grant may be assigned by the Company without the Grantee’s consent.

 14. Withholding. The Grantee shall be required to pay to the Employer, or make other arrangements satisfactory to the Employer to
provide for the payment of, any federal, state, local or other taxes that the Employer is required to withhold with respect to the grant, vesting and distribution of the Performance Units and dividend equivalents. Subject to Committee approval, the
Grantee may elect to satisfy any tax withholding obligation of the Employer with respect to the distribution of shares of Company Stock pursuant to the Performance Units that are earned by the Grantee under this Grant by having shares of Company
Stock withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. Notwithstanding anything to the contrary herein or the Plan, until the Grantee has
satisfied the Employer’s withholding obligation with respect to the shares of Company Stock as described in this Paragraph 14, the Grantee shall not have any rights to sell or transfer any shares of Company Stock that have been distributed to
the Grantee pursuant to Paragraph 4. 
 15. Effect on Other Benefits. The value of shares of Company Stock and dividend equivalents
distributed with respect to the Performance Units shall not be considered eligible earnings for purposes of any other plans maintained by the Company or the Employer. Neither shall such value be considered part of the Grantee’s compensation for
purposes of determining or calculating other benefits that are based on compensation, such as life insurance. 

  
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 16. Applicable Law. The
validity, construction, interpretation and effect of this Grant shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the conflicts of laws provisions thereof. 

17. Notice. Any notice to the Company provided for in this instrument shall be addressed to the Company in care of the President at the corporate
headquarters of the Company, and any notice to the Grantee shall be addressed to such Grantee at the current address shown on the payroll records of the Employer, or to such other address as the Grantee may designate to the Employer in writing. Any
notice shall be delivered by hand, sent by telecopy or enclosed in a properly sealed envelope addressed as stated above, registered and deposited, postage prepaid, in a post office regularly maintained by the United States Postal Service.

 18. Section 409A of the Code. This Grant is intended to comply with the requirements of section 409A of the Code and shall be
interpreted and administered to avoid any penalty sanctions under section 409A of the Code. If any distribution or payment cannot be provided or made at the time specified herein, then such distribution or payment shall be provided in full at the
earliest time thereafter when such sanctions cannot be imposed. In no event may the Grantee, directly or indirectly, designate the calendar year of distribution or payment. 
 19. Contents of Agreement; Amendment. This Grant agreement, including the 2012 Performance Goals to be set forth on Exhibit A on the Establishment Date, sets forth the entire understanding
between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the parties hereto. Any such written amendment must be approved by the Committee
to be effective against the Company. In addition, the terms set forth herein as it relates to the ability for the Grantee to earn and become vested in the Performance Units and dividend equivalents shall control with respect to the Grantee’s
rights with respect to the Performance Units and corresponding dividend equivalents, and any contrary provision set forth in any agreement (whether oral or written) between the Grantee and the Employer, including, but not limited, the Grantee’s
Employment Agreement, if any, that relates to the earning and/or vesting of equity rights shall not apply to this Grant. 

  
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 IN WITNESS WHEREOF,
the Company has caused its duly authorized officers to execute and attest this instrument, and the Grantee has placed his or her signature hereon, effective as of the Date of Grant. 

 

					
	Witness:	 		  	NUTRISYSTEM, INC.
			
	  
	 		  	  

	Name: Kathleen Simone	 		  	Name: David Clark
	Title:   SVP, Finance & Controller	 		  	Title:   Chief Financial Officer

 I hereby
accept the grant of Performance Units described in this Grant, and I agree to be bound by the terms of the Plan and this Grant. I hereby further agree that all of the decisions and determinations of the Committee shall be final and binding.

  

					
		 	  
	 	
	   Grantee: FN LN
	 	

  
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 EXHIBIT A

 2012 PERFORMANCE GOALS 
 The 2012 Performance Goals shall be set forth on this Exhibit A at the time they are established by the Committee as described in the Grant agreement. 

A Grantee can earn in a multiple or fraction of the Grantee’s Target Award based on the level of achievement of the 2012 Performance Goals for the
Performance Period. 
  

	 	•	 	 Maximum: 200% of Target Award based on achievement of a maximum performance goal. 

 

	 	•	 	 Target: 100% of Target Award based on achievement of a target performance goal. 

 

	 	•	 	 Threshold: 50% of Target Award based on achievement of a threshold performance goal. 

 

	 	•	 	 No Performance Units will be earned if the achievement is below the Threshold, and no additional Performance Units will be earned if the achievement is
greater than the Maximum. 

  

	 	•	 	 Interpolation will occur with respect to achievement between the Threshold and Target, and between the Target and Maximum 

Notwithstanding the level of achievement of the 2012 Performance Goals, the Committee retains negative discretion to reduce or eliminate Performance Unit
amounts pursuant to this GrantAmendment No. 1 to the Amended and Restated Stock and Annual Incentive Plan

  
 Exhibit 10.1

 AMENDMENT NO. 1 
 TO THE 
 AMENDED AND RESTATED TICKETMASTER ENTERTAINMENT, INC.

 2008 STOCK AND ANNUAL INCENTIVE PLAN 
 This Amendment No. 1 (this “Amendment”) to the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan (the “Plan”) is dated as of
July 12, 2010. 
 R E C I T A L S 
 WHEREAS, the Plan provides for the treatment of Adjusted Awards upon a Change in Control of Live Nation Entertainment, Inc. (as successor-in-interest under the Plan to Ticketmaster Entertainment, Inc.,
the “Company”); 
 WHEREAS, the Company wishes to amend the Plan to conform to the original intent of the adjustments
made to the Adjusted Awards to have the change in control triggering event for such awards be a change in control of the Participant’s employer, rather than a Change in Control of the Company; and 

WHEREAS, the Plan may be amended by the Board, subject to the provisions of Section 12 of the Plan. 

NOW, THEREFORE, the Plan is hereby amended as follows: 
 SECTION 1. Defined Terms. Terms used but not defined herein have the meanings assigned to them in the Plan. 
 SECTION 2. Amendment to Section 10. Section 10 of the Plan is hereby deleted in its entirety and replaced with the following: 

“Section 10. Change in Control Provisions 
 (a) Adjusted Awards. With respect to all Adjusted Awards, subject to paragraph (e) of this Section 10, unless otherwise provided in the applicable Award Agreement,
notwithstanding any other provision of this Plan to the contrary, upon a Participant’s Termination of Employment, during the two-year period following a Change in Control (as defined in the long term incentive plan of IAC or the applicable
SpinCo (as defined in the Employee Matters Agreement) for which the Participant worked immediately following the Separation (the applicable employer referred to as the “Employer”)), by the Participant’s Employer other than for Cause
or Disability or by the Participant for Good Reason (as defined below): 
 (i) any Options outstanding as of
such Termination of Employment which were outstanding as of the date of such Change in Control shall be fully exercisable and vested 

  
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and shall remain exercisable until the later of (i) the last date on which such Option would be exercisable in the absence of this Section 10(a) and (ii) the earlier of
(A) the first anniversary of such Change in Control and (B) expiration of the Term of such Option; 

(ii) the restrictions and deferral limitations applicable to any Restricted Stock shall lapse, and such Restricted
Stock outstanding as of such Termination of Employment which were outstanding as of the date of such Change in Control shall become free of all restrictions and become fully vested and transferable; and 

(iii) all Restricted Stock Units outstanding as of such Termination of Employment which were outstanding as of the
date of such Change in Control shall be considered to be earned and payable in full, and any restrictions shall lapse and such Restricted Stock Units shall be settled as promptly as is practicable in (subject to Section 3(d)) the form set forth
in the applicable Award Agreement. 
 (b) Impact of Event on Awards other than Adjusted Awards. Subject
to paragraph (e) of this Section 10, and paragraph (d) of Section 12, unless otherwise provided in any applicable Award Agreement and except as otherwise provided in paragraph (a) of this Section 10, in connection with
a Change of Control, the Committee may make such adjustments and/or settlements of outstanding Awards as it deems appropriate and consistent with the Plan’s purposes, including, without limitation, the acceleration of vesting of Awards either
upon a Change of Control or upon various terminations of employment following a Change of Control. The Committee may provide for such adjustments as a term of the Award or may make such adjustments following the granting of the Award.

 (c) Definition of Change in Control. For purposes of the Plan, unless otherwise provided in an option
agreement or other agreement relating to an Award, a “Change in Control” shall mean the happening of any of the following events: 
 (i) The acquisition by any individual, entity or Group (a “Person”), other than the Company, of Beneficial Ownership of equity securities of the Company representing more than 50% of
the voting power of the then outstanding equity securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that any acquisition that
would constitute a Change in Control under this subsection (i) that is also a Business Combination shall be determined exclusively under subsection (iii) below; or 

(ii) Individuals who, as of the Effective Date, constitute the Board (the “Incumbent Directors”) cease for
any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Effective Date, whose election, or nomination for election by the Company’s stockholders, was
approved by a vote of at least a majority of the Incumbent Directors at such time shall become an Incumbent Director, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or
threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 

  
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(iii) Consummation of a reorganization, merger, consolidation, sale or other disposition of all or substantially all
of the assets of the Company, the purchase of assets or stock of another entity, or other similar corporate transaction (a “Business Combination”), in each case, unless immediately following such Business Combination, (A) more than
50% of the Resulting Voting Power shall reside in Outstanding Company Voting Securities retained by the Company’s stockholders in the Business Combination and/or voting securities received by such stockholders in the Business Combination on
account of Outstanding Company Voting Securities, and (B) at least a majority of the members of the board of directors (or equivalent governing body, if applicable) of the entity resulting from such Business Combination were Incumbent Directors
at the time of the initial agreement, or action of the Board, providing for such Business Combination; or 

(iv) Approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

Notwithstanding the foregoing, the Separation shall not constitute a Change in Control. For the avoidance of doubt, with respect to
an Adjusted Award held by a Participant, any reference in the Plan to Change in Control and any reference in an Award Agreement or the applicable IAC Long Term Incentive Plan to a “change in control,” “change of control” or
similar definition shall be deemed to refer to a Change of Control as defined in the long term incentive plan of the Participant’s Employer. 
 (d) For purposes of this Section 10, “Good Reason” means (i) “Good Reason” as defined in any Individual Agreement or Award Agreement to which the applicable Participant
is a party, or (ii) if there is no such Individual Agreement or if it does not define Good Reason, without the Participant’s prior written consent: (A) a material reduction in the Participant’s rate of annual base salary from the
rate of annual base salary in effect for such Participant immediately prior to the Change in Control, (B) a relocation of the Participant’s principal place of business more than 35 miles from the city in which such Participant’s
principal place of business was located immediately prior to the Change in Control or (C) a material and demonstrable adverse change in the nature and scope of the Participant’s duties from those in effect immediately prior to the Change
in Control. In order to invoke a Termination of Employment for Good Reason, a Participant shall provide written notice to the Company of the existence of one or more of the conditions described in clauses (A) through (C) within 90
days following the Participant’s knowledge of the initial existence of such condition or conditions, and the Company shall have 30 days following receipt of such written notice (the “Cure Period”) during which it may remedy the
condition. In the event that the Company fails to remedy the condition constituting Good Reason during the Cure Period, the Participant must terminate employment, if at all, within 90 days following the Cure Period in order for such Termination
of Employment to constitute a Termination of Employment for Good Reason. 

  
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(e) Notwithstanding the foregoing, if any Award is subject to Section 409A of the Code, this Section 10 shall be applicable
only to the extent specifically provided in the Award Agreement and as permitted pursuant to Section 14(k).” 

SECTION 3. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not alter, modify, amend or in any way
affect any of the terms, conditions, obligations or agreements contained in the Plan, all of which are hereby ratified and affirmed in all respects and shall continue in full force and effect. 

SECTION 4. Effective Date of Amendment. This Amendment shall be effective as of the later of (i) the date first set forth
above and (ii) the latest date that an amendment covering the matters referred to in Section 2 above to the incentive plans of IAC and the other Spincos (or Adjusted Awards thereunder) is adopted by any such company. 

  
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