Document:

EX-10.1

 Exhibit 10.1 
  

 
 SEPARATION AGREEMENT 

This Separation Agreement (“Agreement”) serves as the understanding between you and the Company regarding the terms of your separation and the
mutual intent of both parties to facilitate an amicable separation. This Agreement is made on behalf of, and for the benefit of, Commercial Vehicle Group, Inc., CVG Management Corporation, National Seating Systems, Inc., CVS Holdings, Inc.,
Mayflower Vehicle Systems, Bostrom Holdings, Hidden Creek Industries, Inc., and all of their past and present officers, directors, employees, agents (all in both their individual and official capacities), parent companies, subsidiary companies,
predecessors, partners, members, affiliates, principals, insurers, and any and all employee benefit plans (and any fiduciary of such plans) sponsored by the aforesaid entities (all of which are collectively referred to herein as the
“Company”). Please read this letter carefully as it will outline the terms of all the agreements we have made: 
  

	 	1.	Record of Separation – the Company will record your separation on August 30, 2013 (“Separation Date”), which separation is not a “retirement” as defined by the Company’s Equity
Incentive Plan. 

  

	 	2.	Notice Period— During the period from now through 8/30/13 your duties will be modified such that they will primarily involve transition, hand off and consultation as needed by the Company. You will continue
to receive all current compensation and benefits through this period but are not expected to maintain an active presence in the office.  

  

	 	3.	Separation Pay – The Company will pay you twelve (12) months of severance through payroll continuation. The total gross payments will not exceed $365,981, subject to normal deductions and withholding.
Such payments shall be processed in accordance with the standard payroll processing schedule but shall not be subject to 401(k) withholdings or employer matching. 

 

	 	4.	Restricted Stock – The Compensation Committee of the Board of Directors shall accelerate the vesting of 49,416 unvested restricted shares and all restrictions on these shares will lapse as of August 30,
2013. 

  

	 	5.	Electronic Devices – The Company agrees to transfer the ownership of your current mobile phone and iPad device, subject to the removal of proprietary data and timely transfer of financial responsibility. All
other Company issued equipment must be returned by 8/30/13. 

  

	 	6.	Confidentiality and Mutual Non-Disparagement. 

  

	 	a.	This Agreement – As you are aware, confidentiality in these types of matters is very important. You agree that you will not, directly or indirectly, disclose the terms of this Agreement to anyone other than
your attorney, spouse, children 

			
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and/or tax advisor, except as specifically provided for herein or to the extent such disclosure may be required for accounting or tax reporting purposes, or as otherwise required by law or as
otherwise consented to by the other party. You agree that you will not make any comments relating to the Company or its employees, which are negative, false, critical, derogatory, or which may tend to injure the business of the Company. In addition,
you agree that you will not disparage or speak negatively about the Company or anyone associated with it (except as required or permitted by law, such as a charge or participation in a proceeding before the EEOC or state FEP agency). The Company
agrees the officers of the Company and any others who are explicitly authorized by the officers of the Company to speak on behalf of the Company will not make any comments relating to you and/or your employment with the Company, which are negative,
false, critical, derogatory, or which may tend to injure you and/or your role with the Company (except as required or permitted by law). 

  

	 	b.	CVG Business Information – We recognize that confidential business and/or customer information has been disclosed to you by the Company. Included in this confidential information is information about the
Company and its business practices, such as business plans and financial information; employee and customer information; records, data systems, software, methods of operation, pricing, vendor and customer lists and information; and all processes,
developments, techniques, procedures, and ideas used or developed by the Company, unless it is otherwise publicly disclosed by the Company. You understand and agree that at all times you: (i) will keep such information confidential;
(ii) will not disclose or communicate any such confidential information to any third party; and (iii) will not make use of any confidential information on your own behalf, or on behalf of any third party. 

 

	 	7.	Future Cooperation. You agree to cooperate with the Company in support of its business interests on any matter arising out of our employment; respond and provide information for reasonable information requests
about subjects worked on during your employment; cooperate to facilitate an orderly transition of your job duties to a successor employee; and to provide information truthfully in connection with any claim, investigation, or litigation in which the
Company deems your cooperation is needed. The Company will reimburse you for reasonable and customary expenses that you incur in connection with your providing any cooperation requested by the Company in writing. Unless it is not permissible by law,
in the event that a subpoena or document request is served upon you, you will timely notify the Company and provide copies of any relevant documents to the Company. 

 

	 	8.	Noncompetition and Non-solicitation. 

  

	 	a.	 By entering into this Agreement, you acknowledge the confidential information has been and will be developed and acquired by the Company by means of
substantial expense and effort, that the confidential information is a valuable asset of the Company’s business, that the disclosure of the confidential information to any of the Company’s competitors would cause substantial and
irreparable injury to the Company’s business, and that any customers of the Company developed by you or others during your employment are developed on behalf of the Company. You further acknowledge that you have been provided with access to
confidential information, including confidential information concerning the Company’s major 

			
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customers, and its technical, marketing, and business plans, disclosure or misuse of which would irreparably injure the Company. 

 

	 	b.	In exchange for the consideration specified in Section 1 of this Agreement by the adequacy of which you expressly acknowledge, you agree that during your employment by the Company, and for a period of twelve
(12) months following your Separation Date, you shall not, directly or indirectly, as an owner, shareholder, officer, employee, manager, consultant, independent contractor, or otherwise: 

 

	 	i.	Directly or indirectly call on, induce, solicit or take away, or attempt to call on, induce, solicit, or take away, in connection with or on behalf of any activity in competition with the Company’s (as defined
above) then-current business, any person or entity who was a vendor, customer, or prospective customer of the Company, for the purpose or result that the vendor, customer, or prospective customer purchase from, use or employ the products or services
of any person or entity other than the Company; or 

  

	 	ii.	Contact any employee of the Company for the purpose of discussing or suggesting that such employee resign from employment with the Company for the purpose of becoming employed elsewhere or provide information about
individual employees of the Company or personnel policies or procedures of the Company to any person or entity, including any individual, agency or company engaged in the business or recruiting employees, executives or officers; or

  

	 	iii.	Own, manage, operate, join, control, be employed by, consult with or participate in the ownership, management, operation or control of, or be connected with (as a stockholder, partner, or otherwise), any business,
individual, partner, firm, corporation, or other entity that competes or plans to compete, directly or indirectly, with the Company, its products, or any division, subsidiary or affiliate of the Company; provided, however, that your “beneficial
ownership,” either individually or as a member of a “group,” as such terms are used in Rule 13d of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), of not more
than two percent (2%) of the voting stock of any publicly held corporation, shall not be in violation of this Agreement. 

  

	 	c.	The covenants contained in this Section 8 shall be construed as independent of any other provisions or covenants, and the existence of any claim or cause of action by you against the Company, whether predicated on
this Agreement or otherwise, or the actions of the Company with respect to enforcement of similar restrictions as to other employees, shall not constitute a defense to the enforcement by the Company of the covenants. 

You acknowledge and agree that the Company has invested great time, effort and expense in its business and reputation, and that the services
performed by you, and the information divulged to you, are unique and extraordinary, and you agree that the Company shall be entitled, upon a breach of this Section of this 

			
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Agreement, to injunctive relief against such activities, or any other remedies available to the Company at law or equity. If you shall have breached any of the provisions of this Agreement, and
if the Company shall bring legal action for injunctive relief, such relief shall have the duration specified in this Agreement, commencing from the date such relief is granted, but reduced only by the period of time elapsed between the Separation
Date and your first breach of this Agreement. The obligations contained in this Agreement shall survive the termination of the employment relationship. Any specific right or remedy set forth in this Agreement, legal, equitable or otherwise, shall
not be exclusive, but shall be cumulative upon all other rights and remedies set forth herein, or allowed or allowable by this Agreement, or by law. The failure of the Company to enforce any of the provisions of this Agreement, or the provisions of
any agreement with any other employee, shall not constitute a waiver or limit any of the rights of the Company. 
 You hereby agree to
notify the Company of any employment which you accept at any time prior to the expiration of twelve (12) months after your Separation Date , such notification to be provided to me at the Company’s corporate headquarters, by certified mail,
return receipt required, no later than the close of the following business day after such acceptance occurs. Such notification shall include the name of your new employer and your position with that organization. To the extent the Company determines
a potential competitive conflict could exist, you hereby authorize the Company to provide copies of this Agreement or summaries or quotations therefrom to your new employer. 

The Parties have attempted to limit your right to compete only to the extent necessary to protect the Company from unfair competition. We
further agree that if for any reason the restrictions set forth above are too broad or otherwise unenforceable at law, then they, or any one of the time, shall be reduced to such area, time, or terms, as shall be legally enforceable. If it is
judicially determined that this Agreement, or any portion thereof, is illegal or offensive under any applicable law (statute, common law, or otherwise), then it is hereby agreed the non-competition covenant shall be revised and shall be in full
force and effect to the full extent permitted by law. By this Agreement, we intend to have this Agreement not to compete be in full force and effect to the greatest extent permissible. 

 

	 	d.	The Parties agree that you may be employed by or otherwise work with a company whose primary business is providing commodities for trim, electrical or metal work and that such employment or work shall not be considered
a violation of the Non-Competition covenant of this Agreement. 

  

	 	9.	 Release of Claims. This is a release of claims against the Company and those associated with it. Please read it carefully: In exchange
for the above, you agree (for yourself, your heirs, executors, and assignees) to fully release and waive any claims or rights, of any kind or nature whatsoever, whether known or unknown, that you may have against the Company (as defined above),
and/or any of its employees, officers, directors, insurers, or agents (both as representatives of the Company and in their individual capacities), which may exist or have arisen up to and including the

			
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date of this Agreement. The claims and rights which are waived and released include any that arise out of your employment or relationship with the Company, or any of its representatives, and the
cessation of your employment, except for enforcement of this Agreement. Although there may be others, some of the specific claims which are released are all claims of any nature that may exist with respect to violation of any legal obligations,
compensation, company policies, contract obligations, whistleblower status, retaliation, torts or public policy, and/or unlawful discrimination, whether on the basis of race, creed, color, national origin, disability, age, sex, harassment, or other
protected characteristic. (This release and waiver specifically includes any claims of age discrimination under the Federal Age Discrimination in Employment Act, the Older Workers Benefit Protection Act, or otherwise. This release and waiver
specifically does not include any claim related to the enforcement of this Agreement.) You certify and warrant that, to the best of your knowledge, you have not suffered any workplace injury while in the Company’s employ, other than those
regarding which the Company is already on notice; have received all leave time to which you are or were entitled; and have been paid for all hours worked and properly compensated for all hours worked in excess of forty (40) hours per week. You
also certify and warrant that you have not filed, caused to be filed, and presently are not a party to any claims against the Company, you have not divulged any proprietary or confidential information of the Company, and will continue to maintain
the confidentiality of such information, you have been paid and/or received all compensation, commissions, overtime pay, wages, bonuses, PTO and vacation, benefits, and other compensation to which you were entitled during your employment, you have
been granted any leaves of absence to which you were entitled, under the federal FMLA and disability laws, and in compliance with the Company’s policies, and you have been paid all amounts due to you (including bonus, merit increase, or
otherwise) in connection with any absences, you are not aware of any facts or conduct to suggest that that the Company (or its employees or agents) has engaged in any improper or fraudulent conduct with respect to the U.S. government or any other
government agency, and to your knowledge you have not engaged in, and are not aware of, any unlawful conduct related to any of the Company’s business activities. 

Nothing herein will preclude you from filing a charge of discrimination with the Equal Employment Opportunity Commission; however, you
expressly waive and release any right you may have to any remedy resulting from such a charge, or any action or suit, that may be instituted on his behalf against the Company by the Equal Employment Opportunity Commission, or any other governmental
agency, or in any class or collective action. Finally, nothing in this Agreement shall affect or release any vested rights and interests you may have in any company-sponsored retirement or pension plan; nor is anything in this Agreement intended to
create or enlarge rights to benefits under any such plan. No money shall be paid under this Agreement until you have executed this Agreement, including its release and waiver of all employment related claims (except enforcement of this Agreement),
in favor of the Company within the time limit set by the Company, and you do not revoke this Agreement within the revocation period set forth herein. 
  

	 	10.	 Other Agreements. The Change in Control & Non-Competition Agreement that you entered into with the Company on April 6, 2006,
together with any amendments 

			
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thereto (including the amendment dated November 5, 2008), will remain in full force and effect until your Separation Date. Upon your separation, that Agreement (and all amendments) will be
terminated, null, and void, and completely superseded by this Agreement. 

 Notwithstanding the foregoing, your Deferred
Compensation account will continue to be active from your Separation Date until payment thereof in accordance with the terms of the Company’s Amended and Restated Deferred Compensation Plan, effective January 1, 2012 (the “Deferred
Compensation Plan”). However, your contributions will cease upon your Separation Date. The Company shall pay to you the entire vested balance of your Deferred Compensation account in accordance with the terms of the Deferred Compensation Plan
and your binding elections thereunder. 
 Nothing in this Agreement is intended to supersede your Non-Competition, Non-Solicitation and
Confidentiality Agreement. With the sole exceptions of: (a) the Change in Control and Non-Competition Agreement; and (b) the Non-Competition, Non-Solicitation and Confidentiality Agreement, as set forth above, we agree that this Agreement
sets forth the entire agreement and understanding between us and supersedes any other written or oral understandings. 
  

	 	11.	Period for Review and Right to Revoke. Although we have discussed this Agreement at some length, please feel free to take as much time as you would like, up to twenty-one (21) days, to consider this
Agreement. In addition, if you should change your mind for any reason after executing the letter, you may rescind the Agreement anytime within seven (7) days after the date of your signature. To be effective, any such rescission must be in
writing, postmarked, or delivered before the expiration of the seven (7) day period, and sent or delivered to me at this address. You may use as much or as little of this time as you desire; however, as I am sure you understand, no payments or
insurance can be continued beyond your last day worked until you have confirmed your agreement. You are encouraged to talk to legal counsel for advice prior to signing this Agreement. 

 

	 	12.	Miscellaneous. 

  

	 	a.	Other than as stated herein, the Parties acknowledge and agree that no promise or inducement has been offered for this Agreement and no other promises or agreements shall be binding, unless reduced to writing and signed
by the Parties. Nothing in this Agreement shall be construed to admit or imply that the Company, or anyone associated with it, has acted wrongfully in any way, all such claims being specifically denied. 

 

	 	b.	 Both you and the Company agree that if either Party breaches any term of this Agreement and either Party successfully enforces any term/right under
this Agreement through legal process of any kind (other than an action regarding the waiver and release under the federal age Act or the Older Workers Benefit Protection Act), then the successful party shall be entitled to recover, from the other,
its costs and expenses of such enforcement, including reasonable attorney’s fees. You and the Company agree that Ohio law shall govern any dispute arising under this Agreement, that any legal action or proceedings with respect to this

			
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Agreement must be initiated in the state or federal court located in Franklin County, State of Ohio, and that the Company and you hereby agree to subject themselves to the jurisdiction of the
federal and state courts of Ohio with respect to any such legal action or proceedings. Notwithstanding the foregoing, with respect to any action which includes injunctive relief, or any action for the recovery of any property, the Company may bring
such action in any state or location which has jurisdiction. 

  

	 	c.	This Agreement is intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended (Section 409A), or an exemption thereunder, and shall be construed and administered in accordance with
Section 409A. Notwithstanding any other provision of this Agreement, payments provided under this Agreement may only be made upon an event and in a manner that complies with Section 409A or an applicable exemption. Any payments under this
Agreement that may be excluded from Section 409A either as separation pay due to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A either as separation pay due to an involuntary
separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible. For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate
payment. Any payments to be made under this Agreement upon a separation of employment shall only be made upon a “separation from service” under Section 409A. Notwithstanding the foregoing, the Company makes no representations that the
payments and benefits provided under this Agreement comply with Section 409A, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred by you on account of
non-compliance with Section 409A. 

 I am pleased that we have been able to work out an amicable separation, and I wish you the best in
your future endeavors. If the contents of this letter comport with your understanding and outline all of the terms we discussed, please sign the enclosed copy and return it to me for my files. 

THIS SEPARATION AGREEMENT AND RELEASE IS A LEGALLY BINDING DOCUMENT WITH IMPORTANT LEGAL CONSEQUENCES, INCLUDING A RELEASE OF ALL CLAIMS, KNOWN AND
UNKNOWN. YOU HAVE THE RIGHT TO REVOKE THIS AGREEMENT WITHIN SEVEN (7) CALENDAR DAYS AFTER SIGNING IT, BY DELIVERING WRITTEN NOTICE OF REVOCATION TO Ms. Laura Macias, Chief Human Resources and Public Affairs Officer, Commercial
Vehicle Group, Inc., 7800 Walton Parkway, New Albany, Ohio 43054, USA . IT IS RECOMMENDED THAT YOU CONSULT YOUR OWN ATTORNEY BEFORE SIGNING THIS DOCUMENT. BY SIGNING BELOW, YOU ACKNOWLEDGE THAT YOU HAVE READ, FULLY UNDERSTAND AND
VOLUNTARILY AGREE TO ALL OF THE PROVISIONS CONTAINED IN THIS AGREEMENT AND RELEASE. 
 YOU UNDERSTAND THAT, BY SIGNING THIS RELEASE AND ACCEPTING THE
CONSIDERATION DESCRIBED IN THIS AGREEMENT, YOU ARE FOREVER GIVING UP THE RIGHT TO SUE THE RELEASED PARTIES, AND ANYONE ELSE ASSOCIATED WITH THEM, FOR ANY CLAIMS, OF ANY TYPE, THAT YOU MIGHT HAVE AGAINST ANY OF THEM, INCLUDING CLAIMS BASED ON YOUR
EMPLOYMENT OR YOUR 

			
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SEPARATION, THAT HAVE OCCURRED UP TO AND INCLUDING THE MOMENT YOU SIGN THIS AGREEMENT. 
 IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the date(s) set forth below. 
  

							
	Employee	 		 	Commercial Vehicle Group, Inc.
				
	/s/ Gerald L. Armstrong	 		 		 	/s/ Laura L. Macias
				
	 Gerald L. Armstrong
	 		 	By:	 	 Laura L. Macias

		 		 		 	 Vice President Human Resources

				
	 Date: 8/27/13
	 		 		 	Date: 8/28/13EX-4.3

 Exhibit 4.3 
  

Amended and restated 

Employee Stock Option Plan 

of QIWI plc 
  

 
  

 QIWI plc 

Employee Stock Option Plan (hereinafter referred to as “the ESOP”) 

 

	1.	Certain Definitions. The capitalized terms set forth below shall have the meaning prescribed hereunder for purposes of the Plan. 

 

			
	 The Company
	  	QIWI plc (formerly known as QIWI Limited), a company established under the Law of Cyprus with the registered address Kennedy 12, Kennedy Business Centre, P.C. 1087, Nicosia, Cyprus, registration number 193010
		
	 Affiliate
	  	Affiliate shall mean any Person that, with respect to a specified Person, directly, or indirectly through one or more intermediaries, Controls, is Controlled by, or is under common Control with, the specified Person.
		
	 Beneficial Owner
	  	A Beneficial Owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (1) voting power which includes the power to vote,
or to direct the voting of, such security; and/or (2) investment power which includes the power to dispose, or to direct the disposition of, such security.
		
	 Control
	  	in relation to a corporation, partnership or other entity:
		
		  	 (i)     the ability to appoint or remove directors having a majority of the voting rights exercisable at
meetings or in respect of resolutions of the board of such corporation, partnership or other entity; or

		
		  	 (ii)    the possession, directly or indirectly, of the power to direct or cause the direction of the policies of
such corporation, partnership other entity, whether through the ownership or possession (other than through customary pledge arrangements) of voting securities, the right to nominate the majority of the senior executive management, by contract or
otherwise

		
		  	and the expression “Controlled” shall be interpreted accordingly.
		
	 Shares
	  	Shares means ordinary shares of the Company (or other respective class of shares (expected to be Class B shares) that confers upon its holder the right to one (1) vote at a general meeting of the Company and in other
respects ranking pari passu with other shares in the Company).
		
	 IPO
	  	The consummation of an underwritten initial public offering pursuant to a registration statement declared effective under the United States Securities Act of 1933, as amended, covering the offer and sale of equity interests of
the Company to the public generally
		
	 Exercise Notice
	  	The notice duly executed by the option holder or the Beneficial Owner that stipulates the desire of the option holder or the Beneficial Owner to exercise certain number of options and that contains the following
information:
		  	 -        Date;

		  	 -        Number of options to be exercised;

		  	 -        Indication whether the options are intended to be exercised in cash or by way of a
Cashless Exercise.

			
	 Change of Control
	  	A transaction or series of related transactions as a result of which the shareholders of the Company existing as of the date of this ESOP, 2012 cease to Beneficially Own more than 50% of or the combined voting power of the
Company’s then outstanding securities; or
		
	 Expiration Date
	  	(i) if an IPO or Change of Control occurs on or prior to 31 December 2015, the date of 31 December 2017;
		
		  	 or if an IPO or Change of Control does not occur on or prior to 31 December 2015, the earlier of (1) the date of 31 December 2022 or
(2) the date which is 720 days following the date of the IPO or the Change of Control, whichever happens earlier;

		
		  	 Notwithstanding the foregoing, the Board or Committee may select a different Expiration Date for Options issued hereunder, not more than ten
(10) years from the date of grant of such Options.

  

	2.	Objectives 

 The Company has approved the ESOP in respect of its Shares to achieve the
following goals: 
 Align interests of the shareholders and the management of the Company by providing to the key employees and service
providers of the Company and its Affiliates an opportunity to participate in a long-term growth of the Company’s value. 
 Motivate
management towards efficient performance focused on the preparation of the Company for an IPO. 
 Increase investment attractiveness of the
Company. 
 Provide competitive remuneration and retain key employees of the Company and its Affiliates. 

Alignment with practice of public companies. 
  

	3.	Major terms and conditions of the ESOP 

 Eligibility. The Chief Executive Officer
of the Company (the “CEO”) shall select recipients of Options hereunder (“Participants”) from among those key employees and service providers of the Company or its Affiliates who, in the opinion of the CEO, as applicable, are in
a position to make a significant contribution to the success of the Company and its Affiliates. 
 Administration. Either the Board
of Directors of the Company (the “Board”), or a committee thereof (the “Committee”) if expressly so permitted by the Board, acting as administrator, shall have the authority to adopt, amend and repeal such administrative rules,
guidelines and practices relating to the Plan as it deems advisable. The Board or Committee may construe and interpret the terms of the Plan and any Options granted under the Plan. The Board or Committee may correct any defect, supply any omission
or reconcile any inconsistency in the Plan or any Option in the manner and to the extent it shall deem expedient to carry the Plan into effect. Either the Board or the Committee, may approve the amendment of any Option in accordance with the terms
of this Plan. All decisions by the Board or Committee shall be made in its sole discretion, and shall be final and binding on all persons having or claiming any interest in the Plan or in any Option provided that the decision of the Board shall not
contradict Clause 14 of the ESOP. 
 Options. Participants shall receive a right (an “Option”) entitling the Participant to
acquire Shares upon satisfaction of the vesting conditions set forth in the applicable award agreement and payment of the applicable price per Share (“Exercise Price”). 

 Available Shares. A maximum of 3,640,000 (three million and six hundred and forty
thousand) Shares being 7% of the issued share capital of the Company are reserved for issuance under Options granted under the Plan of which 1,423,222 (2.7%) Shares are reserved for issuance after IPO occurs. If any Option granted under this Plan
expires, terminates or is canceled for any reason without having been exercised in full, the number of Shares underlying such expired, terminated or cancelled Option shall again be available for the purpose of awards under the Plan. 

Exercise Price. The Board or Committee shall determine the Exercise Price applicable to the Options granted under the Plan. Following
the consummation of an IPO, the Exercise Price shall not be less than the average closing price per-Share of the Shares on the principal exchange on which such Shares are then traded for the ten business days immediately preceding the grant date.
The Exercise Price of the Options granted prior to the IPO shall equal US$13.6452 per Share. 
 Terms and Conditions. The Board or
Committee shall determine the terms of all Options, subject to the limitations provided herein, and shall furnish to each Participant an agreement (the “Award Agreement”) setting forth the terms applicable to the Participant’s Option.
By accepting an Award Agreement, the Participant agrees to the terms of the Option and of the Plan. In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of the Award Agreement, the terms and conditions
of the Plan shall prevail. Such terms and conditions may include, without limitation, an obligation of the Participant to agree to a lock-up arrangements with respect to Shares acquired pursuant to the Option. Terms and conditions of Options may
differ amongst different Participants and different grants of Options. 
 Tax Preparation. The Company shall provide Participants
with assistance regarding the preparation of the appropriate tax return in respect of Options granted under the Plan within two (2) years after the first grant provided that such assistance shall not exceed EUR 100,000 per year. 

Vesting. Vesting of Options shall be governed by the Award Agreement with each Participant unless otherwise determined by the Board or
Committee, provided that in respect of the Options granted prior IPO no Options shall vest in respect of more than 0.69% of Shares on 31 October 2012; no Options shall vest in respect of more than 2.23% of Shares on 01 January 2014; no
Options shall vest in respect of more than 3.66% of Shares on 01 January 2015; and no Options shall vest in respect of more than 4.44% of Shares on 01 January 2016. Options which have not become vested as of the date of termination of the
Participant’s employment or service shall be forfeited upon such termination. Option holders shall have ninety (90) days following termination of employment or service to exercise vested Options. 

Change in Control. Each outstanding Option shall become fully vested immediately upon the occurrence of a Change in Control. 

Expiration Date. Each then outstanding Option shall terminate upon the Expiration Date with respect such Option or upon such other date
as may be provided in the applicable Award Agreement, which shall in no event be more than ten (10) years following the date of grant of such Option. 
  

	4.	Adjustment 

 In the event of any stock split or combination of shares (including a
reverse stock split), reorganization, recapitalization, large, special and non-recurring dividend, split-up, spin-off, merger, exchange of stock, redemption, repurchase, consolidation, other change in the capital structure of the Company, sale of
assets or other similar event which requires adjustment in the good faith determination of the Board or Committee in order to avoid the enlargement or dilution of rights hereunder, the Board or Committee shall make adjustments to the maximum number
Shares that may be delivered under the Plan, and the Exercise Price of any Options and also make such changes in the number and kind of shares of stock, securities or other property (including cash) covered by outstanding Options, and the terms
thereof, as the Board or Committee determines to be appropriate provided that the decision of the Board shall not contradict Clause 14. References in the Plan to Shares shall be construed to include any stock or securities resulting from an
adjustment pursuant to this Section. 

	5.	Non-Transferability; Lock-up 

 Any Shares held by Participants that were acquired by way
of the exercise of the Options granted under this ESOP may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner, nor shall any Participant enter into any derivative agreement or other similar hedging arrangement
relating to any Options or any Shares held by Participants that were acquired by way of the exercise of the Options granted under this ESOP unless the Net Income Target described in Section 5.2 has been attained. 

The Net Income Target will be attained when the Board or Committee determines that the Company has achieved $170 million in net income
(measured in accordance with management reporting practices adopted by the Company) during the 12 month period immediately preceding the applicable measurement date. The Board will determine at the end of each fiscal quarter following the adoption
of this Plan whether such Net Income Target has been attained. 
 The transfer restriction applicable to Shares based on attainment of the
Net Income Target will cease to apply upon the occurrence of termination of the Participant’s employment or service with the Company and its Affiliates. 

In addition to the lock-up provisions as set out in Clause 5.1. it shall be a condition to the grant of each Option hereunder that the
Participant unconditionally agree to comply with such lock-up arrangements that may be required by underwriters or the Company in connection with the IPO, which restrictions may continue to apply following the termination of the Participant’s
employment or service. 
  

	6.	Exercise, allotment and cashless exercise 

 Any Exercise Notice shall be provided by the
Participant or the Beneficial Owner by mail, fax or e-mail to the chief legal counsel of the Company or to any other officer of the Company as may be decided by the Board, accompanied by payment of the applicable Exercise Price and any required tax
payments, in each case in such currency as the Board may require. 
 The Company shall allot to the Participant the Shares subject to the
Exercise Notice within 10 (ten) business days following the date of submission of the Exercise Notice and payment of the Exercise Price to the Company. 

The Company may also permit Participants to exercise Options hereunder pursuant to a cashless exercise program, either using a broker-assisted
cashless exercise program or permitting the Participant to effect a net exercise with the Company. In the event that a Participant desires to exercise Options using a net-exercise or similar permitted method of exercise at a time when the Shares are
not publicly-traded on a recognized securities exchange, the Board or Committee shall determine in good faith the value of the Shares for purposes of such exercise, and may use a third-party valuation and/or such other method of determining value as
it deems appropriate provided that the Participant may only receive the Shares as a result of the Exercise. 
 The Company shall within 90
days of the allotment of any shares provide to the Participant an extract from the Company’s Register of Members, showing the Participant’s shareholding (as increased, if applicable). 

 

	7.	No assignment 

 No Option granted under this ESOP may be sold, pledged, assigned,
hypothecated, transferred, or disposed of in any manner (other than pursuant to the laws of descent and distribution), nor may a Participant enter into any derivative agreement or other similar hedging arrangement relating to any Option without
prior written consent of the Company provided that the Exercise of the Options shall not be considered to be any type of disposal. 

	8.	Governing law 

 This Plan shall be governed by, and be construed in accordance with, the
Laws of England and Wales. 
  

	9.	Confidentiality 

 Participants shall be required, as a condition to the receipt and
retention of any Option hereunder, to keep strictly confidential the terms of such Participant’s participation in this ESOP and shall agree not to discuss the terms of such participation with any other employee or consultant of the Company or
any other third party; provided that nothing herein shall prevent the disclosure of these terms to the Participant’s legal or tax advisors or as may be required to be disclosed in any prospectus prepared in connection with any IPO or as
required by law. 
  

	10.	Share capital 

 Nothing herein shall restrict the ability of the Company to increase its
issued share capital (with the consequent dilution of the Participant’s percentage shareholding in the Company or the Participant’s potential shareholding in the Company as the case may be) or issue preference shares or other shares
ranking in priority to the Shares that may be purchased pursuant to each Option). 
  

	11.	Rights and obligations associated with the Shares 

 Any Shares acquired pursuant to the
Options shall be subject to any and all the rights associated with the shares of the Company in accordance with the provisions set out in the Memorandum and Articles of Association of the Company or otherwise contained in any shareholders’
agreements relating to the Company existing from time to time. 
  

	12.	Death or incapacity of the option holder 

 If a Participant (or, in the case of a
Participant that is an entity providing services to the Company, its Beneficial Owner) dies or is determined to be incapacitated by court while employed by or providing services to the Company or any Affiliate, the Options may (subject to any
vesting and termination provisions as set out in this ESOP) be exercised at any time within twelve (12) months following the date of death or incapacitation by the applicable individual’s personal representatives or by a person who
acquired the right to exercise the Option by bequest or inheritance. If the Options are not so exercised within the time specified herein, the Options shall terminate. 
  

	13.	Shareholder notices 

 Prior to the exercise of any Option, the Company shall not be
obliged pursuant to the provisions of this Plan to provide the Participant with copies of any notices, circulars or other documents sent to shareholders of the Company. 
  

	14.	Amendment; Term 

 The Board, in its sole and absolute discretion, may at any time or
times amend or alter the Plan or any outstanding Option and may at any time terminate or discontinue the Plan as to any future grants of Options; provided, that the Board may not, without the Participant’s consent, amend, alter or terminate the
terms of an Option or the Plan so as to affect adversely the Participants’ or a Participant’s existing rights under an Option or the Plan. Any amendments to the Plan shall be conditioned upon stockholder approval only to the extent, if
any, such approval is required by applicable law, as determined by the Board. The Plan shall become effective as of 31 October, 2012 and shall expire on the tenth anniversary thereof (unless terminated earlier by the Board); provided that
outstanding Options granted prior to such expiration (if any) shall remain outstanding in accordance with their terms following such expiration. 

	15.	Legal Requirements 

 The Company may require, as a condition to the delivery of Shares
pursuant to the Plan or removing any restriction from Shares previously delivered under the Plan, that all legal matters in connection with the issuance and delivery of such Shares have been addressed and resolved. The Company may require, as a
condition to exercise of the Option, such representations or agreements as counsel for the Company may recommend. The Company may require that certificates evidencing Shares issued under the Plan bear an appropriate legend reflecting any restriction
on transfer applicable to such Shares, and the Company may hold the certificates pending lapse of the applicable restrictions.

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