Document:

Exhibit 10.38

 Exhibit 10.38 

 

 

 RESTRICTED STOCK AWARD GRANT NOTICE 
 Pursuant to the Allergan, Inc. 2008 Incentive Award Plan (the “Plan”), Allergan, Inc. (the
“Company”) hereby grants to the employee listed below (“Participant”) the number of shares of the Company’s common stock, par value US$0.01 per share (“Stock”), set forth
below (the “Shares”). This Restricted Stock award is subject to all of the terms and conditions set forth herein, in the Terms and Conditions attached hereto as Exhibit A (the “Restricted Stock
Terms”) and in the Plan, each of which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Restricted Stock Award Grant Notice (the
“Grant Notice”). 
  

			
	 Participant:
	 	 
		
	 Grant Date:
	 	 
		
	 Total Number of
 Shares of Restricted Stock:    
	 	 

  

	 Vesting Schedule: 
	 [To be specified in individual award agreements] 

 Except as provided in Section 3.3 or 3.4 of the Restricted Stock Terms, in no event shall the Forfeiture Restriction (as defined in the Restricted Stock Terms) lapse as to any additional Shares following
Participant’s Termination of Employment (as defined in the Restricted Stock Terms). 
 All decisions and
interpretations of the Administrator arising under the Plan, this Grant Notice or the Restricted Stock Terms or relating to the Shares shall be binding, conclusive and final. 
  

			
	ALLERGAN, INC.
		
	By:	 	 
	 Print Name:        
	 	 
	 Title:
	 	 
	 Address:
	 	 2525 Dupont Drive
 Irvine,
California 92612

  

	Attachments:	 Terms and Conditions (Exhibit A) 

	    	 Allergan, Inc. 2008 Incentive Award Plan (Exhibit B) 

	    	 Allergan, Inc. 2008 Incentive Award Plan Prospectus (Exhibit C) 

 EXHIBIT A TO THE RESTRICTED STOCK AWARD GRANT NOTICE 
 TERMS AND CONDITIONS 
 February 2010 
 Management Bonus Plan 
 Pursuant to the Restricted Stock Award Grant Notice (the “Grant Notice”) to which these Terms and
Conditions (the “Terms”) are attached, Allergan, Inc. (the “Company”) granted to the participant (“Participant”) specified on the Grant Notice a restricted stock award under the
Allergan, Inc. 2008 Incentive Award Plan (the “Plan”) for the number of shares of the Company’s common stock, par value US$0.01 per share (“Stock”), indicated in the Grant Notice (the
“Shares”), subject to the terms and conditions of the Grant Notice, the Terms and the Plan. 
  

	I.	 GENERAL 

 1.1    Defined Terms.    Wherever the following terms are used herein, they shall have the meanings specified below, unless the context clearly indicates
otherwise. Capitalized terms not specifically defined herein shall have the meanings specified in the Grant Notice or, if not defined therein, the Plan. 
 (a)    “Cause” means, (i) with respect to any Participant who is a party to a change-in-control agreement with the Company or who participates in a
Company-sponsored change-in-control policy, plan or program, the definition given to such term in the applicable agreement, policy, plan or program and (ii) with respect to all other Participants, any conduct set forth on the Grant Date (as
defined in Section 2.1) in the Company’s employee handbook or Management Practices and Guidelines (or any successor thereto) justifying immediate termination without the benefit of a counseling review or severance pay. 
 (b)    “Job Elimination” means Participant’s Termination of Employment by
the Company or any Subsidiary, other than a Qualifying Termination, under circumstances satisfying each of the following conditions, as determined in the sole and absolute discretion of the Company: (i) Participant’s Termination of
Employment results in or is part of a net headcount reduction of one or more employees, (ii) Participant is not offered a comparable position with the Company, a Subsidiary or a successor entity of the Company or a Subsidiary and (iii) the
Company provides written notice to Participant prior to his or her Termination of Employment that it has determined Participant’s Termination of Employment is a “job elimination.” 
 (c)    “Qualifying Termination” means Participant’s Termination of
Employment with the Company or any Subsidiary during the 24-month period commencing on the date of a Change in Control, unless: 
 (i)    Participant voluntarily terminates his or her employment with the Company or any Subsidiary during such period. Participant, however, shall not be considered to have voluntarily
terminated his or her employment with the Company or any Subsidiary if one or more of the following occurs following the Change in Control, and subsequent to such event Participant elects to terminate his or her employment with the Company or any
Subsidiary: (A) a material diminution in Participant’s base compensation; (B) a material diminution in Participant’s position with the Company or any Subsidiary without Participant’s consent such that there is a material
diminution in Participant’s authority, duties or responsibilities; (C) a change in Participant’s principal location of employment that is both material and greater than fifty (50)

 
miles from its location prior to the Change in Control without Participant’s express written consent; provided, however, that Participant hereby acknowledges that Participant may be required
to engage in travel in connection with the performance of Participant’s duties and that such travel shall not constitute a change in Participant’s principal location of employment for purposes hereof; or (D) any other action or
inaction that constitutes a material breach by the Company or any Subsidiary of any agreement under which Participant provides services. Notwithstanding the foregoing, Participant’s termination of his or her employment with the Company or any
Subsidiary as a result of the occurrence of any of the foregoing shall not constitute a “Qualifying Termination” unless Participant gives the Company written notice of such occurrence within ninety (90) days of such occurrence and
such occurrence is not cured by the Company within thirty (30) days of the date on which such written notice is received by the Company. 
 (ii)    The termination is on account of Participant’s death or permanent and total disability (within the meaning of Section 22(e)(3) of the Internal
Revenue Code of 1986, as amended (the “Code”)). 
 (iii)    Participant is involuntarily terminated for Cause during such period. 
 In addition, notwithstanding anything contained in the Terms to the contrary, if Participant’s Termination of Employment occurs prior to a Change in Control and it is determined that such termination (x) was at the request of a
third party who has indicated an intention or taken steps reasonably calculated to effect a Change in Control and who subsequently effectuates a Change in Control or (y) otherwise occurred in connection with, or in anticipation of, a Change in
Control which actually occurs, then, for all purposes of the Terms, the date of a Change in Control with respect to Participant shall mean the date immediately prior to the date of Participant’s Termination of Employment. 
 “Termination of Employment” shall mean the time when the employee-employer relationship between
Participant and the Company or any Subsidiary is terminated for any reason, with or without Cause, including, without limitation, a termination by resignation, discharge, death, disability or retirement, but excluding terminations where there is a
simultaneous reemployment or continuing employment of Participant by the Company or any Subsidiary. The Administrator, in its discretion, shall determine the effect of all matters and questions relating to Participant’s Termination of
Employment, including, without limitation, when Participant is no longer actively employed for purposes of Section 4.4(i), and the question of whether such Termination of Employment resulted from a discharge for Cause. For purposes of the
Terms, Participant’s employee-employer relationship shall be deemed to be terminated in the event that the Subsidiary employing Participant ceases to remain a Subsidiary following any merger, sale of stock or other corporate transaction or
event (including, without limitation, a spin-off). 
 1.2    Incorporation of Terms of
Plan.    The Shares are subject to the terms and conditions of the Plan, which are incorporated herein by reference. 
  

	II.	 GRANT OF RESTRICTED STOCK 

 2.1    Grant of Restricted Stock.    Effective as of the grant date specified on the Grant Notice (the “Grant Date”), the Company
hereby agrees to issue the Shares to Participant, upon the terms and conditions set forth in the Plan, the Grant Notice and the Terms. 
 2.2    Issuance of Shares.    The issuance of the Shares under the Terms shall occur at the principal office of the Company simultaneously with the execution
of the Grant Notice by the Company

 
or on such other date as the Company and Participant shall agree (the “Issuance Date”). Subject to Section 2.3, the Company shall issue the Shares (which shall be
issued in Participant’s name) on the Issuance Date. 
 2.3    Conditions to Issuance
of Stock Certificates.    The Shares, or any portion thereof, may be either previously authorized but unissued shares or issued shares which have then been reacquired by the Company. Such Shares shall be fully paid and
nonassessable. The Company shall not be required to issue or deliver any Shares prior to fulfillment of all of the following conditions: 
 (a)    The admission of such Shares to listing on all stock exchanges on which such Stock is then listed; 
 (b)    The completion of any registration or other qualification of such shares under any state or federal law or under rulings or regulations of the Securities
and Exchange Commission or of any other governmental regulatory body, which the Administrator shall, in its sole and absolute discretion, deem necessary or advisable; 
 (c)    The obtaining of any approval or other clearance from any state or federal governmental agency which the Administrator shall, in its sole and absolute
discretion, determine to be necessary or advisable; 
 (d)    The lapse of such reasonable
period of time following the Issuance Date as the Administrator may from time to time establish for reasons of administrative convenience; and 
 (e)    The receipt by the Company of full payment for such Shares, including with respect to any Tax-Related Items (as defined in Section 3.14(a)). 
 2.4    Rights as Stockholder.    Except as otherwise provided in
Section 3.7 or elsewhere in the Terms, upon issuance of the Shares, Participant shall have all the rights of a stockholder with respect to the Shares, including the right to vote the Shares and to receive all dividends or other distributions
paid or made with respect to the Shares. 
 2.5    Escrow.    Until the Forfeiture Restriction (as defined in Section 3.1) and all of the restrictions on transfer imposed pursuant to the Terms lapse or are removed, the Administrator
may require the certificate(s) representing the Unreleased Shares (as defined in Section 3.5) to be deposited with the Secretary of the Company, or such other escrow holder as the Administrator may appoint, as Participant’s
attorney-in-fact to sell, assign and transfer unto the Company, such Unreleased Shares, if any, forfeited pursuant to Section 3.1. 
  

	III.	 RESTRICTIONS ON SHARES 

 3.1    Forfeiture Restriction.    Subject to the provisions of Sections 3.2 through 3.4, upon Participant’s Termination of Employment for any or no
reason, all of the Unreleased Shares shall thereupon be forfeited immediately and without any further action by the Company; provided, however, that if Participant’s Termination of Employment occurs by reason of Participant’s Job
Elimination, all of the Unreleased Shares (after giving effect to any accelerated vesting that may occur pursuant to Section 3.3(a) following Participant’s Termination of Employment) shall be forfeited at such time as Participant may no
longer become entitled to receive any accelerated vesting under Section 3.3(a) (the “Forfeiture Restriction”). Upon the occurrence of such a forfeiture, the Company shall become the legal and beneficial owner of the
Shares being forfeited and all rights and interests therein or relating thereto, and the Company shall have the right to retain and transfer to its own name the number of Shares being

 
forfeited by Participant. In the event any of the Unreleased Shares are forfeited under this Section 3.1, any cash, cash equivalents, assets or securities received by or distributed to
Participant with respect to, in exchange for or in substitution of such Shares and held by the escrow agent pursuant to Section 2.5 and Section 3.7 shall be promptly transferred by the escrow agent to the Company. 
 3.2    Release of Shares from Forfeiture Restriction.    The Shares shall be
released from the Forfeiture Restriction as indicated in the Grant Notice and Sections 3.3 and 3.4 below, as applicable. Any of the Shares released from the Forfeiture Restriction shall thereupon be released from the restrictions on transfer under
Section 3.6. In the event any of the Shares are released from the Forfeiture Restriction, any dividends or other distributions paid on such Shares and held by the escrow agent pursuant to Section 2.5 and Section 3.7 shall be promptly
paid by the escrow agent to Participant. 
 3.3    Accelerated
Vesting.    Notwithstanding anything to the contrary in Section 3.2 or the Grant Notice, the Shares shall be released from the Forfeiture Restriction on an accelerated basis under the following circumstances: 

(a)    if Participant’s Termination of Employment occurs by reason of Participant’s Job
Elimination and, prior to the expiration of 55 days following the date of Participant’s Termination of Employment or such earlier date as may be specified by the Company, Participant executes and delivers, and does not revoke, a general waiver
and release of all claims against the Company and its Subsidiaries and the employees, directors, agents and affiliates of the Company and its Subsidiaries, in a form acceptable to the Company in its sole and absolute discretion, then the Shares
shall be released from the Forfeiture Restriction upon the date such general waiver and release of all claims becomes effective and irrevocable, equal to the total number of Shares specified in the Grant Notice, as adjusted pursuant to
Section 11.1 of the Plan, multiplied by a fraction, the numerator of which is the number of months from the Grant Date until the date of Participant’s Termination of Employment, and the denominator of which is the number of months during
the vesting schedule set forth in the Grant Notice (i.e., the number of months from the Grant Date until the date the Shares otherwise would be released from the Forfeiture Restriction pursuant to the vesting schedule set forth in the Grant
Notice based solely on continued employment); 
 (b)    if Participant’s Termination
of Employment occurs by reason of Participant’s death or permanent and total disability (within the meaning of Section 22(e)(3) of the Code), then the Shares shall be released from the Forfeiture Restriction immediately prior to
Participant’s Termination of Employment; and 
 (c)    if Participant’s Normal
Retirement Eligibility Date occurs prior to Participant’s Termination of Employment, then the Shares shall be Released from the Forfeiture Restriction upon Participant’s Normal Retirement Eligibility Date. 
 3.4    Effect of Change in Control.    Notwithstanding anything to the
contrary in Sections 3.1 through 3.3 or the Grant Notice, in the event of a Change in Control, the following provisions shall apply: 
 (a)    If the successor or surviving entity (or any affiliate thereto) (i) allows the Shares to remain outstanding or (ii) replaces the Shares with shares of restricted stock
of such successor or surviving entity (or any affiliate thereto) that preserve the existing value of the Shares at the time of the Change in Control and that provide for a lapse of forfeiture in accordance with a vesting schedule that is the same or
more favorable to Participant than the Share vesting schedule set forth herein (any such award, a “Substitute Award”), the Shares or such Substitute Award shall remain outstanding and be governed by their respective terms and
the provisions set forth in the Plan, subject to Section 3.4(c). 

 (b)    If the successor or surviving entity (or any
affiliate thereto) does not allow the Shares to remain outstanding or replace the Shares as provided in Section 3.4(a), the Shares shall be released from the Forfeiture Restriction immediately prior to the occurrence of such Change in Control.

 (c)    If the successor or surviving entity (or any affiliate thereto) allows the Shares
to remain outstanding or replaces the Shares as provided in Section 3.4(a) and Participant experiences a Qualifying Termination, (i) the Shares (if assumed) shall be released from the Forfeiture Restriction immediately prior to the date of
such termination and (ii) the forfeiture restrictions on any Substitute Award shall lapse immediately prior to such termination. For the avoidance of doubt, if Participant incurs a Termination of Employment for any reason other than a
Qualifying Termination during the 24-month period commencing on the date of a Change in Control, Sections 3.1 through 3.3 shall continue to apply with respect to the Shares without regard to the Change in Control. 
 3.5    Unreleased Shares.    Any of the Shares which, from time to time, have
not yet been released from the Forfeiture Restriction are referred to herein as “Unreleased Shares.” 
 3.6    Restrictions on Transfer. 
 (a)    Subject to Section 3.6(b), no Unreleased Shares or any dividends or other distributions thereon or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of
Participant or Participant’s successors in interest or shall be subject to sale or other disposition by transfer, alienation, anticipation, pledge, hypothecation, encumbrance, assignment or any other means whether such sale or other disposition
be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted sale or other disposition thereof shall be null and void and of no
effect, except to the extent that such disposition is permitted by the preceding sentence. 
 (b)    Notwithstanding any other provision of the Terms, with the consent of the Administrator, the Unreleased Shares may be transferred to one or more “Permitted Transferees” (as defined below), subject to the
following terms and conditions: 
 (i)    the Unreleased Shares shall not
be assignable or transferable by the Permitted Transferee other than by will or the laws of descent and distribution; 
 (ii)    the Unreleased Shares shall continue to be subject to all the terms and conditions of the Plan and the Terms, as amended from time to time, as applicable to Participant (other
than the ability to further transfer the Unreleased Shares); and 
 (iii)    Participant and the Permitted Transferee execute any and all documents requested by the Company, including, without limitation documents to (A) confirm the status of the transferee as a Permitted
Transferee, (B) satisfy any requirements for an exemption for the transfer under applicable federal and state securities laws, and (C) evidence the transfer. 
 “Permitted Transferee” means, with respect to Participant, any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew,
mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing Participant’s household (other than a tenant or employee), a trust in which these persons have
more than 50% of the beneficial interest, any other entity in which these persons (or Participant) own more than 50% of the voting interests, or any other transferee specifically approved by the Administrator. 

 3.7    Restrictions on Distributions,
etc.    Subject to Section 3.4, in the event of any dividend or other distribution (whether in the form of cash, Stock, other securities or other property, but excluding money paid as a regular cash dividend),
recapitalization, reclassification, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin off, combination, repurchase, liquidation, dissolution, or sale, transfer, exchange or other disposition of all or
substantially all of the assets of the Company, or exchange of Stock or other securities of the Company, issuance of warrants or other rights to purchase Stock or other securities of the Company, or other similar corporate transaction or event that
affects the Stock, then any new or additional or different shares or securities or property (including cash) which is paid, issued, exchanged or distributed in respect of Shares then subject to the Forfeiture Restriction shall be subject to the
Forfeiture Restriction and the restrictions on transfer set forth in Section 3.6 and shall be considered to be Unreleased Shares, until such restrictions on the underlying Shares lapse or are removed pursuant to the Terms (or, if such Shares
are no longer outstanding, until such time as such Shares would have been released from the Forfeiture Restriction pursuant to the Terms). The Administrator may require any new or additional or different shares or securities or property (including
cash) considered to be Unreleased Shares pursuant to this Section 3.7 to be deposited with the Secretary of the Company, or such other escrow holder as the Administrator may appoint, as Participant’s attorney-in-fact to sell, assign and
transfer unto the Company, such new or additional or different shares or securities or property (including cash) considered to be Unreleased Shares pursuant to this Section 3.7, if any, forfeited pursuant to Section 3.1. Notwithstanding
the foregoing, nothing herein shall limit the ability of the Administrator to adjust Unreleased Shares or make other adjustments to the terms and conditions of the Terms in accordance with the provisions of Section 11.1 of the Plan. 

 

	IV.	 OTHER PROVISIONS 

 4.1    Administration.    The Administrator shall have the power to interpret the Plan and the Terms and to adopt such rules for the administration,
interpretation and application of the Plan as are consistent therewith and to interpret, amend or revoke any such rules. All actions taken and all interpretations and determinations made by the Administrator in good faith shall be binding,
conclusive and final upon Participant, the Company and all other interested persons. No member of the Administrator shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan, the Terms or
the Shares. 
 4.2    Taxes. 
 (a)    Regardless of any action the Company or any of its Subsidiaries takes with respect to any or all
income tax, social insurance, payroll tax, payment on account or other tax-related items related to Participant’s participation in the Plan and legally applicable to Participant (“Tax-Related Items”), Participant
acknowledges that the ultimate liability for all Tax-Related Items is and remains Participant’s responsibility and may exceed the amount actually withheld by the Company or the Subsidiary. Participant further acknowledges that the Company
and/or the Subsidiary (i) make no representations or undertakings regarding the treatment of any Tax-Related Items with respect to the issuance of the Shares or any other taxable event related to the Shares; and (ii) do not commit to and
are under no obligation to structure the terms of the grant or any aspect of the issuance of Shares to reduce or eliminate Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if Participant has become
subject to tax in more than one jurisdiction between the date of grant and the date of any relevant taxable or tax withholding event, as applicable, Participant acknowledges that the Company and/or the Subsidiary may be required to withhold or
account for Tax-Related Items in more than one jurisdiction. 
 (b)    Prior to any
relevant taxable or tax withholding event, as applicable, Participant will pay or make adequate arrangements satisfactory to the Company and/or the Subsidiary to satisfy all

 
Tax-Related Items. In this regard, Participant authorizes the Company and/or the Subsidiary, or their respective agents, at their discretion, to satisfy the obligations with regard to all
Tax-Related Items by one or a combination of the following: 
 (i)    withholding from Participant’s wages or other compensation payable to Participant by the Company and/or the Subsidiary; or 
 (ii)    by accepting vested Shares having a then current Fair Market Value not exceeding
the amount necessary to satisfy the withholding obligation of the Company and its Subsidiaries based on the minimum applicable statutory withholding rates for all Tax-Related Items. 
 (c)    To avoid negative accounting treatment, the Company may withhold or account for Tax-Related
Items by considering applicable minimum statutory withholding amounts or other applicable withholding rates. 
 (d)    Participant shall pay to the Company or the Subsidiary any amount of Tax-Related Items that the Company or the Subsidiary may be required to withhold or account for as a result of Participant’s participation
in the Plan that cannot be satisfied by the means previously described. The Company shall not be obligated to deliver any certificate evidencing the Shares to Participant or his legal representative unless and until Participant or his legal
representative shall have paid or otherwise satisfied in full the amount of all Tax-Related Items applicable with respect to the taxable income of Participant resulting from the lapse of any restrictions (including the Forfeiture Restriction) on the
Shares, or any other taxable event related to the Shares. 
 (e)    Participant has
reviewed with Participant’s own tax advisors the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by the Grant Notice and the Terms. Participant is relying solely on such advisors and not
on any statements or representations of the Company or any of its agents. Participant understands that Participant (and not the Company) shall be responsible for Participant’s own tax liability that may arise as a result of this investment or
the transactions contemplated by the Terms. Participant understands that Participant will recognize ordinary income for federal income tax purposes under Section 83 of the Code as the restrictions applicable to the Unreleased Shares lapse. In
this context, “restriction” includes the Forfeiture Restriction. Participant understands that Participant may elect to be taxed for federal income tax purposes at the time the Shares are issued rather than as and when the Forfeiture
Restriction lapses by filing an election under Section 83(b) of the Code with the Internal Revenue Service no later than 30 days following the date of purchase. 
 PARTICIPANT ACKNOWLEDGES THAT IT IS PARTICIPANT’S SOLE RESPONSIBILITY AND NOT THE COMPANY’S TO TIMELY FILE THE ELECTION UNDER SECTION 83(b), EVEN IF PARTICIPANT REQUESTS THE COMPANY OR ITS
REPRESENTATIVES TO MAKE THIS FILING ON PARTICIPANT’S BEHALF. 
 4.3    Restrictive
Legends and Stop-Transfer Orders. 
 (a)    In order to enforce the Forfeiture
Restriction and the other restrictions set forth in the Plan and the Terms, the Administrator may cause one or more legends referencing the Forfeiture Restriction and other restrictions, and any other legend(s) that may be required by applicable
federal, state or foreign securities laws, to be placed on the certificate(s) evidencing the Shares. 

 (b)    Participant agrees that, in order to ensure
compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to
the same effect in its own records. 
 (c)    The Company shall not be required:
(i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of the Terms, or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any
purchaser or other transferee to whom such shares shall have been so transferred. 
 4.4    Nature of Grant.    In accepting the grant of Shares, Participant acknowledges, understands and agrees that: 
 (a)    the Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the Company
at any time; 
 (b)    the grant of Shares is voluntary and occasional and does not create
any contractual or other right to receive any future grant of Restricted Stock, or benefits in lieu of Restricted Stock, even if Restricted Stock awards have been granted repeatedly in the past; 
 (c)    subject to the terms of any other plan or program applicable to a Participant or any written
agreement between the Company or a Subsidiary and a Participant, all decisions with respect to future grants of Restricted Stock, if any, will be at the sole discretion of the Company; 
 (d)    nothing in the Plan or the Terms shall confer upon Participant any right to continue in the
employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate Participant’s employment or
services at any time for any reason whatsoever, with or without cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and Participant; 
 (e)    Participant is voluntarily participating in the Plan; 
 (f)    the Shares are not intended to replace any pension rights; 
 (g)    the future value of the Shares is unknown and cannot be predicted; 
 (h)    no claim or entitlement to compensation or damages shall arise from forfeiture of the Unreleased
Shares resulting from Participant’s Termination of Employment by the Company or any Subsidiary (for any reason whatsoever and whether or not in breach of local labor laws), and as a condition to receiving the grant of Shares, Participant
irrevocably agrees (i) never to institute any claim against the Company or any Subsidiary in the event of any such forfeiture, (ii) to waive his or her ability, if any, to bring any such claim, and (iii) to release the Company and its
Subsidiaries from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction, then, by participating in the Plan, Participant shall be deemed irrevocably to have agreed not to pursue such claim
and agree to execute any and all documents necessary to request dismissal or withdrawal of such claims; and 
 (i)    except as provided otherwise in Section 3.3 or 3.4, in the event of Participant’s Termination of Employment (whether or not in breach of local labor laws), Participant’s right to vest in the Shares,
if any, will terminate effective as of the date that Participant is no longer actively employed

 
and will not be extended by any notice period mandated under local law (e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law);
the Administrator shall have the exclusive discretion to determine when Participant is no longer actively employed for purposes of Participants grant of Shares. 
 4.5    Notices.    All notices or other communications required or permitted hereunder shall be in writing, and shall be deemed duly
given only when delivered in person or when sent by certified mail (return receipt requested) and deposited (with postage prepaid) in a post office or branch post office regularly maintained by the United States Postal Service, addressed as follows:

  

	                 If to the Company: 
	 Allergan, Inc. 
Attention: General Counsel 
2525 Dupont Drive 
Irvine, California 92612 

  

	                 If to Participant: 
	 To Participant’s most recent address 
then on file in the Company’s personnel 
records. 

 By a notice given pursuant to this Section 4.5, either party may thereafter designate a different address for notices to be given to
that party. 
 4.6    Titles.    Titles are provided herein for
convenience only and are not to serve as a basis for interpretation or construction of the Terms. 
 4.7    Governing Law; Venue.    The Terms shall be administered, interpreted and enforced under the laws of the State of Delaware, without regard to conflicts of law principles thereof.

 For purposes of litigating any dispute that arises directly or indirectly from the relationship of the
parties evidenced by this grant or the Terms, the parties hereby submit to and consent to the exclusive jurisdiction of the State of California and agree that such litigation shall be conducted only in the courts of Orange County, California, or the
federal courts for the Central District of California, and no other courts, where this grant is made and/or to be performed. 
 4.8    Severability.    Should any provision of the Terms be determined by a court of law to be illegal or unenforceable, the other provisions shall
nevertheless remain effective and shall remain enforceable. 
 4.9    Conformity to
Securities Laws.    Participant acknowledges that the Plan is intended to conform to the extent necessary with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated by the
Securities and Exchange Commission thereunder, and state and foreign securities laws and regulations. Notwithstanding anything herein to the contrary, the Plan shall be administered, and the Shares are to be issued, only in such a manner as to
conform to such laws, rules and regulations. To the extent permitted by applicable law, the Plan and the Terms shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 
 4.10    Amendments.    To the extent permitted by the Plan, the Terms may be
wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator; provided, that, except as may otherwise be provided by the Plan, no termination, amendment, or modification of
the Terms shall adversely affect the Shares in any material way without Participant’s prior written consent. The Terms may not be modified, suspended or terminated except by

 
an instrument in writing signed by a duly authorized representative of the Company and, if Participant’s consent is required, by Participant. 
 4.11    Successors and Assigns.    The Company may assign any of its rights
under the Terms to single or multiple assignees, and the Terms shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth in Section 3.6, the Terms shall be binding upon
Participant and Participant’s heirs, executors, administrators, successors and assigns. 
 4.12    Limitations Applicable to Section 16 Persons.    Notwithstanding any other provision of the Plan or the Terms, if Participant is subject to Section 16 of the Exchange Act, the
Plan, the Shares and the Terms shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for
the application of such exemptive rule. To the extent permitted by applicable law, the Terms shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 
 4.13    No Advice Regarding Grant.    The Company is not providing any tax,
legal or financial advice, nor is the Company making any recommendations regarding Participant’s participation in the Plan, or Participant’s acquisition or sale of the Shares. Participant is hereby advised to consult with his or her own
personal tax, legal and financial advisors regarding his or her participation in the Plan before taking any action related to the Plan. 
 4.14    Electronic Delivery.    The Company may, in its sole discretion, deliver any documents related to current or future participation in the Plan by
electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the
Company. 
 4.15    Imposition of Other Requirements.    The
Company reserves the right to impose other requirements on Participant’s participation in the Plan and on the issuance of Shares under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with local law
or facilitate the administration of the Plan, and to require Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
 4.16    Entire Agreement.    The Plan and the Terms constitute the entire agreement of the parties and supersede in their entirety all
prior undertakings and agreements of the Company and Participant with respect to the subject matter hereof. 

 EXHIBIT B TO THE RESTRICTED STOCK AWARD GRANT NOTICE 
 ALLERGAN, INC. 2008 INCENTIVE AWARD PLAN 

 EXHIBIT C TO THE RESTRICTED STOCK AWARD GRANT NOTICE 
 ALLERGAN, INC. 2008 INCENTIVE AWARD PLAN PROSPECTUSAmendment and Restated Deferred Compensation Plan for Non-Employee Directors

 EXHIBIT 10.41 
 AMENDED AND RESTATED 
 ACCO BRANDS CORPORATION 

 DEFERRED COMPENSATION PLAN 
 FOR NON-EMPLOYEE DIRECTORS 
 EFFECTIVE DECEMBER 14, 2009

 1. Purpose. This Deferred Compensation Plan for Non-Employee Directors (the “Plan”) was
established effective January 1, 2006 by ACCO Brands Corporation (the “Company”) to enable the non-employee members of the Board of Directors of the Company (sometimes referred to as “Directors”) to have
flexibility with respect to the receipt of income earned for acting as Directors. The Plan allows non-employee Directors to receive incentive compensation based on the appreciation of the common stock of the Company (“Stock”) and on
the dividends declared on such Stock or based on a fixed income account. The Phantom Stock portion of the Plan will also promote a closer identity of interests between such Directors and the shareholders of the Company. The Plan also allows
non-employee Directors to elect to defer receipt of payment of restricted stock unit awards granted under the Company’s 2005 Incentive Plan (formerly, the 2005 Long-Term Incentive Plan), as most recently amended, restated and approved by
shareholders on May 25, 2006, (and any successor or replacement plan thereto) (“LTIP”). 
 2.
Definitions. The following definitions are applicable to the Plan: 
 (a) “Account” or
“Accounts” means one or both of the Phantom Fixed Income Account and the Phantom Stock Unit Account, as the context provides. 
 (b) “Annual Retainer” means the cash portion of the annual fee, meeting attendance fees and any committee fees payable to a Participant as compensation for serving on the Board.

 (c) “Board” means the Board of Directors of the Company. 
 (d) “Change of Control” has the meaning set forth on Attachment A hereto. 
 (e) “Code” means the Internal Revenue Code of 1986, as amended. 
 (f) “Company” means ACCO Brands Corporation and any successor corporation or corporations with or into which ACCO Brands
Corporation may be consolidated or merged. 

 (g) “Dividend Equivalent” means, with respect to Phantom Stock Units
credited to a particular Participant, a dollar amount equal to the cash dividend which the Participant would have been entitled to receive if the Participant had been the owner, on the record date for a dividend paid on the Stock, of a number of
shares of Stock equal to the number of Phantom Stock Units then properly credited to the Phantom Stock Unit Account of the Participant. “Dividend Equivalents” shall also mean those Dividend Equivalents credited to any RSU hereunder to the
extent so provided under the applicable RSU award. 
 (h) “Effective Date” has the meaning set forth in
Section 28. 
 (i) “LTIP” has the meaning set forth in Section 1. 
 (j) “Participant” means any current member of the Board who is not an employee of the Company or any subsidiary of the
Company, or any such former member of the Board who has not received a complete distribution of his/her Accounts and of all of his RSU awards deferred under the Plan and who, while a member of the Board, elected to participate in the Plan.

 (k) “Phantom Fixed Income Account” means the hypothetical account established and maintained by the Company
for each Participant who elects to defer receipt of his/her Annual Retainer and treat it as if invested in the stable value fixed income fund identified in Section 8. 
 (l) “Phantom Stock Unit” means a unit corresponding to the value of, and the dividend rights associated with, a single
share of Stock, credited to a Participant’s Phantom Stock Unit Account in connection with a deferral election of an amount of the Participant’s Annual Retainer pursuant to Section 4 or a reallocation of previous deferrals under
Section 6 of the Plan to his/her Phantom Stock Unit Account. 
 (m) “Phantom Stock Unit Account” means,
with respect to each Participant, an account established and maintained by the Company for the purpose of recording the number of Phantom Stock Units with respect to which that Participant has rights under the Plan. 
 (n) “RSU” means a restricted stock unit award granted to a non-employee member of the Board pursuant to the LTIP.

 (o) “Stock” has the meaning set forth in Section 1. 
 (p) “Value per Phantom Stock Unit” as of a given date means the closing price per share at which the Stock trades on the
New York Stock Exchange on that date or, if there is no trading in the Stock on that date, on the most recent preceding date on which such trading occurred. 
 3. Administration. The authority to manage and control the operation and administration of the Plan shall be vested in the Nominating and Corporate Governance Committee of the Board
(“Committee”). Subject to the limitations of the Plan, the Committee shall have the sole and complete authority: (a) to interpret the Plan and to adopt, amend and rescind administrative guidelines and other rules and
regulations relating to the Plan; (b) to

  

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correct any defect or omission or to reconcile any inconsistency in the Plan or in any payment made hereunder; and (c) to make all other determinations and to take all other actions
necessary or advisable for the implementation and administration of the Plan. The Committee’s determinations on matters within its authority shall be conclusive and binding upon the Company and all other persons. All expenses associated with
the Plan shall be borne by the Company. 
 4. Annual Election to Defer Compensation. Effective for deferrals hereunder
for service as a non-employee Director commencing January 1, 2008 and all periods thereafter: 
 (a) Any Participant may,
by written notice to the Company, elect, in lieu of receipt of an amount of the Annual Retainer that otherwise would be payable to the Participant, to defer the receipt of all or a portion of such amount and to receive any one or both of credits of
Phantom Stock Units and credits to his/her Phantom Fixed Income Account on the aggregate amount of such deferral. 
 (b) Any
Participant may, by written notice to the Company (including pursuant to the Participant’s RSU award agreement with the Company), elect to defer receipt of payment of all or a portion of an award of RSUs, that otherwise would become vested and
payable in accordance with the terms of such award under the LTIP. 
 (c) A notice of election under this Section 4
shall be valid only if such election: 
 (i) is in writing, signed by the Participant; 
 (ii) designates the fiscal year of the Company to which it relates; 
 (iii) designates (A) the amount of deferral of the Annual Retainer that is payable during such fiscal year and the
allocation of such deferral among his/her Accounts or (B) the number of RSUs to be deferred pursuant to an award that may be made during such fiscal year, or (3) both (A) and (B), as the case may be; 
 (iv) affirms that such amount shall be payable upon the earlier of (1) the date of the Participant’s cessation as a
member of the Board or (2) the date of a Change of Control; and 
 (v) is filed with the Company:

 (1) on or before December 31 of the fiscal year preceding the fiscal year of the Company in which such
Annual Retainer (or installment thereof) is payable or such RSU is awarded (other than as set forth in subparagraph (3), below) or, in either such case, if earlier, in which such Board service is rendered; 
 (2) in the case of a new member of the Board, is filed with the Company by the new member within thirty (30) days after
becoming a member of the Board, to be effective for the then current fiscal year of the Company, but only with respect to compensation earned, or RSUs awarded, through the performance of services after the filing of the notice of election; or

  

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 (3) for RSU awards which the Board requires, as a condition of receipt of
such award, the mandatory deferral of payment of such award (as shall be set forth in such RSU award agreement), such election shall be deemed filed with the Company on the date of such RSU award agreement or in which the Participant otherwise
obtains a legally binding right to receipt of amounts thereunder, which election shall immediately become irrevocable. 
 Any
such notice of election under this Section 4 shall become irrevocable, for the fiscal year for which it is given, on the last date on which it is required to be given under subparagraph (v), and the Participant may modify the election at any
time prior to the date on which it becomes irrevocable. 
 (d) Any election made by a Participant with respect to his/her Annual
Retainer or, with respect to his RSU awards, as the case may be, shall remain in effect until modified or revoked by the Participant in accordance with the foregoing provisions of this Section 4. 
 5. Crediting of Deferred Amounts. 
 (a) Deferrals of the installment of the Annual Retainer elected pursuant to Section 4, above, shall be credited to and between the Phantom Stock Unit Account and the Phantom Fixed Income Account, in
the amounts allocated by the electing Participant, as of the day in which such installment of the Annual Retainer otherwise would have been payable but for such election. 
 (b) The number of Phantom Stock Units so credited shall be determined by dividing (i) the allocable dollar amount of the deferral for which Phantom Stock Units are elected by (ii) the Value per
Phantom Stock Unit on that date. 
 (c) Additions to the Phantom Fixed Income Account shall be credited in the dollar amount
elected and so allocated. 
 6. Reallocation of Accounts. As of each January 1 and July 1, a Participant may
elect to transfer all or any part of his/her Phantom Stock Unit Account or Phantom Fixed Income Account to and between the other such Account. Any such election shall be valid only if it is in writing, signed by the Participant and filed with the
Company at least ten (10) days prior to the applicable January 1 or July 1. Each of the Participant’s Accounts shall be revalued as of the date preceding the effective date of such transfer, taking into account all Dividend
Equivalents (under Section 7) and all deemed interest credited to the Phantom Fixed Income Account (under Section 8) through such preceding valuation date. 
 7. Phantom Stock/RSU Dividend Equivalents. If, as of the record date for a cash dividend on Stock, Phantom Stock Units or RSUs have been (or should have been) properly credited to the Phantom Stock
Unit Account or as RSUs of a Participant, the Company shall credit to the Phantom Fixed Income Account of that Participant, or the RSUs of that Participant to the extent so provided under the Participant’s RSU award, as of that record date, a
Dividend Equivalent for such Phantom Stock Units or RSUs, as the case may be. Dividend Equivalents under an RSU award shall be deemed to be additional RSUs, or otherwise, in the manner provided under the applicable RSU award. 
  

 4 

 8. Phantom Fixed Income Account Interest Credits. As of the last day of each calendar
month, the balance of the Phantom Fixed Income Account of each Participant determined as of the last day of the prior calendar month, shall be credited with interest equal to the last reported yield rate for such crediting month reported by the
Vanguard Treasury Money Market Fund (reporting symbol VMPXX), or such successor or other fund designated by the Committee having substantially the same risk profile. 
 9. Phantom Stock Unit Adjustments. In the event of any change in the outstanding shares of Stock by reason of any stock dividend or split, recapitalization, merger, consolidation, combination or
exchange of shares, or other similar corporate change, the Committee shall make such adjustments in each Participant’s Phantom Stock Unit Account, including the number of Phantom Stock Units, as it deems to be equitable under the Plan in order
fairly to give effect to such change and to the purpose and intent of the Plan. 
 10. Redemption and Payment of Phantom
Stock Units and Dividend Equivalents. A Participant’s Phantom Stock Unit Account shall be redeemed, within thirty (30) days after the Participant separates from service with the Company and all Affiliates (but shall be deemed available
to the Participant on such separation date, for income tax purposes), or immediately upon a Change of Control, through a lump-sum cash payment or a lump sum distribution of shares of Stock of the Company, as the Participant elects prior to such
distribution, in an amount equal to the sum of: 
 (a) In the case of a distribution in cash, the product of (i) the number
of Phantom Stock Units properly credited to the Participant’s Phantom Stock Unit Account on the last day prior to the date that the Participant separates from service with the Company or the date of the Change of Control, multiplied by
(ii) the Value per Phantom Stock Unit on such date; or 
 (b) In the case of a distribution in Stock, a number of whole
shares of Stock equal to the number of whole Phantom Stock Units, and any fractional Phantom Stock Unit shall be paid in cash in the manner set forth in Section 10(a). Any distribution in Stock under this Section 10(b) shall be deemed to
be a payment of an award of RSUs out of authorized shares of Stock under the LTIP. Anything to the contrary herein notwithstanding, the Participant shall not receive a distribution under this Section 10(b), and shall instead receive a
distribution under Section 10(a) to the extent that there shall not be sufficient shares of Stock available for distribution under the LTIP or such distribution in Stock otherwise is prohibited under the LTIP. 
 For purposes of this Section 10 as well as Section 11 and Section 12 of the Plan, a “separation from
service” shall have the meaning defined under Treasury Regulation Section 1.409A-1(h)(2) which shall occur upon the Participant’s cessation of service as a Board member, provided such cessation constitutes a good faith termination
of the Participant’s contractual relationship with the Company (and all Affiliates) and the Participant and the Company reasonably do not anticipate that the Participant will renew a contractual relationship for the Participant to provide
further services to the Company (or to any Affiliate) in any capacity (whether in employment or as an independent contractor). An “Affiliate” is any member of the controlled group of companies, under section 414(b), (c) or
(m) of the Code, that includes the Company. 
  

 5 

 11. Payment of Phantom Fixed Income Account. A Participant’s Phantom Fixed
Income Account shall be paid to the Participant within thirty (30) days after the date that the Participant separates from service with the Company and all Affiliates (but shall be deemed available to the Participant on such separation date,
for income tax purposes), or immediately upon a Change of Control, in a lump sum cash payment equal to the value of that Account on the date of such cessation or Change of Control, together with an amount of Phantom Fixed Income Account interest
credits in the manner provided under Section 8 for the period since the immediately preceding valuation date through the date of such separation or Change of Control. 
 12. Payment of RSUs and Dividend Equivalents. 
 (a) A Participant’s RSU awards (including Dividend Equivalents credited as additional RSUs under such awards) shall be paid to the Participant, in the manner set forth in the applicable RSU award
agreement, within thirty (30) days after the Participant separates from service as a member of the Board (but shall be deemed available to the Participant on such separation date, for income tax purposes), or immediately upon a Change of
Control. 
 (b) Except as provided in this Plan, the terms and conditions of the LTIP and the award agreement under which such
RSUs were granted shall govern. Subject to Section 27 hereof, in the event of any inconsistency between (i) the LTIP and such RSU award agreement and (ii) this Plan, the LTIP and RSU award agreement shall govern. 
 13. Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries to receive any amounts payable under
the Plan after his death, and may change such designation from time to time, by filing a written designation of beneficiary or beneficiaries with the Committee on a form to be prescribed by the Committee, provided that no such designation shall be
effective unless so filed prior to the death of such Participant. 
 14. Discretion of Company and Committee. Any
decision made or action taken by the Committee arising out of or in connection with the construction, administration, interpretation and effect of the Plan shall lie within the absolute discretion of the Committee and shall be conclusive and binding
upon all persons. 
 15. Absence of Liability. No member of the Board, officer or any other employee of the Company or
any subsidiary of the Company shall be liable for any act or action hereunder, whether of commission or omission, taken by any other Board member or by any other officer, agent or employee or, except in circumstances involving his bad faith, for
anything done or omitted to be done by himself. 
 16. No Segregation of Cash or Shares. The Company shall not be
required to segregate any cash, or any shares of Stock in connection with any Phantom Stock Units or RSUs, credited under the Plan or any other investments in connection with the Phantom Fixed Income Accounts. No interest shall be allowable or
payable at any time with respect to any Phantom Stock Units or RSUs. 
  

 6 

 17. No Rights as a Shareholder. No Participant shall have voting or any other rights
or privileges of a shareholder of Stock by reason of the crediting of Phantom Stock Units or RSUs under the Plan. 
 18.
Company Not Trustee. The Company shall not, by virtue of any provisions of the Plan, be deemed to be a trustee of any Stock or any other property. 
 19. No Property Interest. The crediting of Phantom Stock Units or RSUs or of any amounts to the Phantom Fixed Income Account under the Plan shall not create any property interest for a Participant,
and the liabilities of the Company to any Participant pursuant to the Plan shall be those of a debtor pursuant to such contractual redemption obligations as arise under the Plan and, as applicable, RSU award agreement, when a Participant separates
from service with the Company and all Affiliates or there occurs a Change of Control. No such obligation of the Company shall be deemed to be secured by any pledge of or other encumbrance on any property of the Company. 
 20. No Security. Amounts payable under the Plan shall at all times be subject to the claims of the Company’s general creditors.
There shall be no posting of a bond, promissory note or any other safeguard to assure that the Participant will be paid. The sole security for payment under the terms of the Plan is the Company’s promise to pay. 
 21. Assignments and Transfers. The rights and interests of a Participant under the Plan may not be assigned, encumbered, pledged or
transferred except, in the event of the death of a Participant, to his designated beneficiary or, in the absence of such designation, by will or the laws of descent and distribution. Any such attempted action shall be void, and no such interest
shall be in any manner liable for or subject to debts, contracts, liabilities, engagements or torts of any Participant. If any Participant shall become bankrupt or shall attempt to assign, encumber, pledge or transfer any interest in the Plan, then
the Board in its discretion may hold or apply such interest or any part thereof to or for the benefit of such Participant or his designated beneficiary, his spouse, children, blood relatives, or other dependents, or any of them, in such manner and
in such proportions as the Board may consider proper. 
 22. Director Status. The Plan does not, and will not, give any
Participant the right to continue as a Director of the Company, nor will the Plan confer any right to any benefit under the Plan unless such right has specifically accrued under the terms of the Plan. 
 23. Gender and Number. In construing the Plan, where the context makes it appropriate, words in any gender shall be deemed to include
any other gender, words in the singular shall be deemed to include the plural, and words in the plural shall be deemed to include the singular. 
 24. Illinois Law to Govern. All questions pertaining to the construction, regulation, validity and effect of the provisions of the Plan shall be determined in accordance with the laws of the State
of Illinois. 
 25. Amendment, Suspension or Termination of the Plan. The Board may from time to time amend, suspend or
terminate in whole or in part (and if suspended or terminated may reinstate) any or all of the provisions of the Plan. Except to the extent necessary to conform to

  

 7 

 
the laws or regulations or the extent permitted by any applicable law and regulation, neither the termination nor any suspension or amendment of the Plan shall operate either directly or
indirectly to (i) without the consent of the Participant no amendment, impair any non-forfeitable right of a Participant or beneficiary to any Phantom Stock Unit or other Account previously credited to the Participant pursuant to the Plan or
any RSU previously awarded pursuant to the LTIP as constituted at the time of termination, suspension or amendment or (ii) accelerate the payment of any amount from the date on which such amount otherwise is payable hereunder except as
permitted pursuant to Treasury Regulation Section 1.409A-3(j). 
 26. Withholding Tax. The Company shall have the
right to deduct from any cash payment to be made to any Participant, his designated beneficiary or his estate any taxes required by law to be withheld with respect thereto. 
 27. Section 409A. Anything in this Plan to the contrary notwithstanding, no amount shall be deferred by, and no amount deferred
shall be distributed to, a Participant unless such deferral or distribution shall in all respects comply with section 409A of the Code. To the extent applicable, anything in the Plan to the contrary notwithstanding, at no time shall any asset of the
Company or any Affiliate be restricted, set aside, reserved or transferred in trust for the benefit of (i) any Participant under the Plan, as a result of a change in the financial health of the Company or any Affiliate, or a Participant that
was an applicable covered employee (to the extent applicable under section 409A(b)(3)(A)(i) of the Code) or non-employee Participant at any time during a restricted period respecting any tax-qualified defined benefit plan sponsored by the Company or
any Affiliate (other than a multi-employer defined benefit plan for employees covered by a collective bargaining agreement with the Company or any Affiliate). For such purpose, “applicable covered employee” and “restricted
period” shall have the meanings set forth in section 409A(b)(3) of the Code. 
 28. Effective Date. The Plan is
hereby amended and fully restated effective January 1, 2008 (“Effective Date”) for the specific purpose of compliance with section 409A of the Code. This amendment and restatement shall govern (a) all Accounts and RSUs
(and Dividend Equivalents thereon) under the Plan that had not been distributed prior to the Effective Date and (b) all deferrals of compensation, and Dividend Equivalents, interest credits and Phantom Stock Unit adjustments thereon, commencing
on the Effective Date. The Plan as in effect prior to January 1, 2008 shall, through December 31, 2007, govern all deferrals and all distributions of deferrals subject to the Company’s good faith compliance with section 409A of the
Code and the effective guidance issued by the Internal Revenue Service and the U.S. Treasury thereunder to the extent applicable. 
  

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 ATTACHMENT A 
 CHANGE OF CONTROL OF THE COMPANY 
 For such purpose, a “Change of
Control” means the first to occur of: 
 (a) Any person or group of persons (for which purpose in this Attachment A
shall have the meaning as that term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (“Exchange Act”)) becomes over a 12-month period the owner of 30% or more of the combined voting power of the then
outstanding voting securities entitled to vote generally in the election of directors (“Voting Securities”) of the Company, excluding, however, any acquisition of Voting Securities: (1) directly from the Company, other than an
acquisition by virtue of the exercise of a conversion privilege unless the security being so converted was itself acquired directly from the Company, (2) by the Company or a subsidiary of the Company, or (3) by an employee benefit plan (or
related trust) sponsored or maintained by the Company or entity controlled by the Company; 
 (b) Individuals who constitute the
Board cease for any reason, during any 12-month period, to constitute at least a majority of the Board, provided that any individual becoming, during any such 12-month period, a director whose election, or nomination for election by the
Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Board shall be considered as though such individual were a member of such majority of the Board; 
 (c) The Company shall be merged or consolidated with another corporation or entity, or a Voting Securities of the Company are acquired in
which, as a result thereof, any one person or group of persons acquires ownership of more than 50% of the combined Voting Securities of the Company or the surviving or resulting corporation or entity immediately thereafter, as the case may be,
(including any Voting Securities in the Company previously acquired and then held by such person or persons), unless (1) such person or persons previously acquired Voting Securities resulting in a Change of Control pursuant to Paragraph
(a) of this Attachment A or (2) the stockholders of the Company immediately prior thereto own at least 50% of the combined Voting Securities of the Company or the surviving or resulting corporation or entity, as the case may be,
immediately thereafter; or 
 (d) In any transaction, or series of transactions during a 12-month period, any
person purchases or otherwise acquires assets of the Company having a gross fair market value equal to or exceeding 40% of the total gross fair market value of all of the Company’s assets immediately prior to such transaction (or
immediately prior to the first in such series of transactions). For the purpose of this Paragraph (d), any transaction with a related person (within the meaning of Treasury Regulation Section 1.409A-3(i)(5)(vii)(B) shall be disregarded.

 The foregoing determination of a “Change of Control” of the Company shall be made with due regard for the rules governing
attribution of stock ownership under section 318(a) of the Code and the owner of all outstanding vested options shall be regarded as an owner of shares of Voting Securities underlying such option. 
  

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