Document:

EX-10.1

 Exhibit 10.1 

BROCADE COMMUNICATIONS SYSTEMS, INC. 

AMENDED AND RESTATED INDUCEMENT AWARD PLAN 

This Brocade Communications Systems, Inc. Amended and Restated Inducement Award Plan amends and restates the Brocade Communications Systems,
Inc. 2013 Inducement Award Plan, effective as of May 24, 2016 (the “Effective Date”). 
 1. Purposes of the
Plan. The purposes of this Plan are: 
  

	 	•	 	to provide an inducement material to individuals entering into employment with the Company, 

  

	 	•	 	to permit the conversion or replacement of certain equity awards in conjunction with merger and acquisition activity, 

  

	 	•	 	to permit the Company to utilize the acquired share reserve of equity plans acquired in mergers and acquisitions, and 

  

	 	•	 	to promote the success of the Company’s business. 

 Awards granted under the Plan will be
Assumed Share Reserve Awards, Inducement Awards, or Replacement Awards. Each such Award may be a Nonstatutory Stock Option, Restricted Stock, Restricted Stock Unit, Stock Appreciation Right, Performance Unit, Performance Share or other stock or cash
awards as the Administrator may determine. 
 2. Definitions. As used herein, the following definitions will apply: 

(a) “Administrator” means the Board or any of its Committees that will be administering the Plan, in accordance with
Section 4 of the Plan. 
 (b) “Applicable Laws” means the requirements relating to the administration of equity-based
awards under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where
Awards are, or will be, granted under the Plan. 
 (c) “Assumed Share Reserve Award” means an Award that is granted with
respect to an Assumed Share Pool under this Plan attributable to shares available under pre-existing plans acquired by the Company in acquisitions and mergers provided such pre-existing plans satisfied Nasdaq Listing Rule 5635(c). Such Awards shall
(i) be granted during the period of time they would have been available under the pre-existing plan, absent the acquisition or merger, (ii) not be granted to individuals who were employed by the Company or its subsidiaries immediately
prior to the time the acquisition or merger was consummated, and (iii) be of the same or similar type of award as the pre-existing plan permitted (e.g., if a pre-existing plan permitted only issuance of stock options, the Awards issued with
respect to the Assumed Share Pool attributable to that pre-existing plan only could be Options or Stock Appreciation Rights). 

 (d) “Award” means, individually or collectively, a grant under the Plan of
Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, Performance Shares and other stock or cash awards as the Administrator may determine. 

(e) “Award Agreement” means the written or electronic agreement setting forth the terms and provisions applicable to each
Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan. 
 (f) “Award Transfer
Program” means any program instituted by the Administrator that would permit Participants the opportunity to transfer for value any outstanding Awards to a financial institution or other person or entity approved by the Administrator. 

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

(h) “Change in Control” means the occurrence of any of the following events: 

(i) Change in Ownership of the Company. A change in the ownership of the Company which occurs on the date that any one person, or more
than one person acting as a group (“Person”), acquires ownership of the stock of the Company that, together with the stock held by such Person, constitutes more than 50% of the total voting power of the stock of the Company; or 

(ii) Change in Effective Control of the Company. If the Company has a class of securities registered pursuant to Section 12 of
the Exchange Act, a change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any 12 month period by Directors whose appointment or election is not endorsed by a majority of
the members of the Board prior to the date of the appointment or election. For purposes of this clause (ii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same
Person will not be considered a Change in Control; or 
 (iii) Change in Ownership of a Substantial Portion of the Company’s
Assets. A change in the ownership of a substantial portion of the Company’s assets which occurs on the date that any Person acquires (or has acquired during the 12 month period ending on the date of the most recent acquisition by such
person or persons) assets from the Company that have a total gross fair market value equal to or more than 50% of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions. For
purposes of this subsection (iii), gross fair market value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets. 

For purposes of this Section 2(h), persons will be considered to be acting as a group if they are owners of a corporation that enters
into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the Company. 

  
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 Notwithstanding the foregoing, a transaction will not be deemed a Change in Control unless the
transaction qualifies as a change in control event within the meaning of Code Section 409A, as it has been and may be amended from time to time, and any proposed or final Treasury Regulations and Internal Revenue Service guidance that has been
promulgated or may be promulgated thereunder from time to time. 
 Further and for the avoidance of doubt, a transaction will not constitute
a Change in Control if: (i) its sole purpose is to change the state of the Company’s incorporation, or (ii) its sole purpose is to create a holding company that will be owned in substantially the same proportions by the persons who
held the Company’s securities immediately before such transaction. 
 (i) “Code” means the Internal Revenue Code of
1986, as amended. Reference to a specific section of the Code or Treasury Regulation thereunder will include such section or regulation, any valid regulation or other official applicable guidance promulgated under such section, and any comparable
provision of any future legislation or regulation amending, supplementing or superseding such section or regulation. 
 (j)
“Committee” means a committee of Directors or of other individuals satisfying Applicable Laws appointed by the Board in accordance with Section 4 of the Plan. 

(k) “Common Stock” means the common stock of the Company. 

(l) “Company” means Brocade Communications Systems, Inc., a Delaware corporation, or any successor thereto. 

(m) “Consultant” means any person, including an advisor, engaged by the Company or a Parent or Subsidiary to render services
to such entity. 
 (n) “Director” means a member of the Board. 

(o) “Disability” means total and permanent disability as defined in Section 22(e)(3) of the Code, provided that in the
case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time
to time. 
 (p) “Employee” means any person, including Officers and Directors, employed by the Company or any Parent or
Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company. 

(q) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

  
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 (r) “Fair Market Value” means, as of any date, the value of Common Stock
determined as follows: 
 (i) If the Common Stock is listed on any established stock exchange or a national market system, including
without limitation the Nasdaq Global Select Market, the Nasdaq Global Market or the Nasdaq Capital Market of The Nasdaq Stock Market, its fair market value will be the closing sales price for such stock (or the closing bid, if no sales were
reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 

(ii) If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the fair market value of
a Share of Common Stock will be the mean between the high bid and low asked prices for the Common Stock on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or 

(iii) In the absence of an established market for the Common Stock, the fair market value will be determined in good faith by the
Administrator. 
 (s) “Incentive Stock Option” means an Option intended to qualify as an incentive stock option within the
meaning of Section 422 of the Code and the regulations promulgated thereunder. 
 (t) “Inducement Award” means an
Award that constitutes an “inducement grant” within the meaning of Nasdaq Listing Rule 5635(c)(4) and IM 5635-1. 
 (u)
“Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock Option. 
 (v) “Notice of
Grant” means a written or electronic notice evidencing certain terms and conditions of an individual Award grant. The Notice of Grant is part of the Award Agreement. 

(w) “Officer” means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and
the rules and regulations promulgated thereunder. 
 (x) “Option” means a stock option granted pursuant to the Plan. 

(y) “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of
the Code. 
 (z) “Participant” means the holder of an outstanding Award. 

(aa) “Performance Share” means an Award denominated in Shares which may be earned in whole or in part upon attainment of
vesting criteria as the Administrator may determine pursuant to Section 13. 
 (bb) “Performance Unit” means an Award
which may be earned in whole or in part upon attainment of vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 13. 

  
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 (cc) “Period of Restriction” means the period during which the transfer of
Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of performance, or the
occurrence of other events as determined by the Administrator. 
 (dd) “Plan” means this Amended and Restated Inducement
Award Plan. 
 (ee) “Replacement Award” means an Award granted in connection with acquisition or merger activity that
converts, replaces or adjusts outstanding options or other equity compensation awards to reflect the acquisition or merger as permitted by Nasdaq Listing Rule 5635(c)(3) and IM 5635-1. To the extent applicable, the number of shares of Common Stock
and the exercise price thereof underlying such an Award shall be determined in a manner consistent with United States Treasury Regulation section 1.409A-1(b)(5)(v)(D), unless the Committee determines otherwise. Replacement Awards can be issued as
Incentive Stock Options if the award being converted, replaced, or adjusted was intended to be an incentive stock option and the issuance of such an Incentive Stock Option is permitted by the Code. 

(ff) “Restricted Stock” means shares of Common Stock acquired pursuant to an Award of restricted stock under Section 10
of the Plan. 
 (gg) “Restricted Stock Unit” means a bookkeeping entry representing an amount equal to the Fair Market
Value of one Share, granted pursuant to Section 11. Each restricted stock unit represents an unfunded and unsecured obligation of the Company. 

(hh) “Rule 16b-3” means Rule 16b-3
of the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised with respect to the Plan. 

(ii) “Section 16(b)” means Section 16(b) of the Exchange Act. 

(jj) “Service Provider” means an Employee, Director or Consultant. 

(kk) “Share” means a share of the Common Stock, as adjusted in accordance with Section 16 of the Plan. 

(ll) “Stock Appreciation Right” means an Award, granted alone or in connection with an Option, that pursuant to
Section 12 is designated as a Stock Appreciation Right. 
 (mm) “Subsidiary” means a “subsidiary
corporation”, whether now or hereafter existing, as defined in Section 424(f) of the Code. 
 3. Stock Subject to the Plan.

 (a) Stock Subject to the Plan. Subject to the provisions of Section 16 of the Plan, the maximum aggregate number of Shares
that may be awarded under the Plan is 22,000,000 Shares (the “Share Reserve”). Notwithstanding the foregoing, the Share Reserve shall be increased by the number of shares available under equity plans acquired in acquisitions and
mergers (after appropriate adjustment of the number of shares to reflect the transaction) where such plans satisfied 

  
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the requirements of Nasdaq Listing Rule 5635(c) (with each such additional tranche being referred to as an “Assumed Share Pool”); provided, however, that Brocade may decide not
to increase the Share Reserve by the full or any amount of an Assumed Share Pool. The Shares may be authorized, but unissued, or reacquired Common Stock. No participant may receive Awards covering more than 3,000,000 Shares under the Plan in any one
calendar year, all of which may be Incentive Stock Options, if granted as Replacement Awards. Not more than 10,000,000 Incentive Stock Option Awards shall be issued under the Plan. 

(b) Lapsed Awards. If an Award expires or becomes unexercisable without having been exercised in full, or, with respect to Awards other
than Options or Stock Appreciation Rights, is forfeited to or repurchased by the Company due to failure to vest, the unpurchased Shares (or for Awards other than Options or Stock Appreciation Rights, the forfeited or repurchased Shares), which were
subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated). With respect to Stock Appreciation Rights, except as otherwise provided herein, all Shares subject to a Stock Appreciation Right will
cease to be available under the Plan, other than Shares forfeited due to failure to vest which will become available for future grant or sale under the Plan (unless the Plan has terminated). Shares that have actually been issued under the Plan under
any Award, will not be returned to the Plan and will not become available for future distribution under the Plan, except that if Shares issued pursuant to Awards other than Options or Stock Appreciation Rights are repurchased by the Company or are
forfeited to the Company, such Shares will become available for future grant under the Plan. Shares used to pay the exercise price of an Award or to satisfy the tax withholding obligations related to an Award will not become available for future
grant or sale under the Plan. To the extent an Award under the Plan is paid out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under the Plan. 

4. Administration of the Plan. 

(a) Procedure. 
 (i)
Multiple Administrative Bodies. The Plan may be administered by different Committees with respect to different groups of Service Providers. 

(ii) Rule 16b-3. To the extent desirable to qualify transactions hereunder as exempt
under Rule 16b-3, the transactions contemplated hereunder will be structured to satisfy the requirements for exemption under Rule 16b-3. 

(iii) Other Administration. Other than as provided above, the Plan will be administered by (A) the Board or (B) a Committee,
which committee will be constituted to satisfy Applicable Laws. 
 (b) Powers of the Administrator. Subject to the provisions of the
Plan, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: 

(i) to determine the Fair Market Value; 

  
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 (ii) to select the Service Providers to whom Awards may be granted hereunder, subject to
Section 5; 
 (iii) to determine the number of shares of Common Stock to be covered by each Award granted hereunder; 

(iv) to approve forms of Award Agreements for use under the Plan; 

(v) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder. Such terms and
conditions include, but are not limited to, the exercise price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction or
limitation regarding any Award or the shares of Common Stock relating thereto, based in each case on such factors as the Administrator, in its sole discretion, will determine; 

(vi) to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan; 

(vii) to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to sub-plans
established for the purpose of satisfying applicable foreign laws; 
 (viii) to modify or amend each Award (subject to Section 20(c)
of the Plan), including the discretionary authority to extend the post-termination exercisability period of Awards and to extend the maximum term of an Option; 

(ix) to allow Participants to satisfy withholding tax obligations in such manner as prescribed in Section 17; 

(x) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by
the Administrator; 
 (xi) to allow a Participant to defer the receipt of the payment of cash or the delivery of Shares that would
otherwise be due to such Participant under an Award pursuant to such procedures as the Administrator may determine; and 
 (xii) to make
all other determinations deemed necessary or advisable for administering the Plan. 
 (c) Prohibition Against Repricing. Subject to
adjustments made pursuant to Section 16 and notwithstanding anything to the contrary in the Plan, in no event shall the Administrator have the right to amend the terms of any Award to reduce the exercise price of such outstanding Award or
cancel an outstanding Award in exchange for cash or other Awards with an exercise price that is less than the exercise price of the original Award without stockholder approval. 

(d) Effect of Administrator’s Decision. The Administrator’s decisions, determinations and interpretations will be final and
binding on all Participants. 

  
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 5. Eligibility. Awards may be granted to individuals so long as the following requirements
are met: 
 (a) Inducement Awards. The Participant was not previously an Employee or Director, or the Participant is returning to
employment of the Company following a bona-fide period of non-employment; and the grant of an Award is an inducement material to the Participant’s entering into employment with the Company. 

(b) Replacement Awards. The Participant is receiving a Replacement Award. 

(c) Assumed Share Reserve Award. The Participant was not employed by the Company or its subsidiaries immediately prior to the time the
merger or acquisition was consummated that gave rise to the relevant Assumed Share Pool. 
 6. Term of Plan. The Plan will become
effective upon its adoption by the Board. It will continue in effect for a term of 10 years from May 24, 2016 unless terminated earlier under Section 20 of the Plan. 

7. Term of Option. The term of each Option will be 10 years from the date of grant or such shorter term as may be provided in the
Award Agreement. 
 8. Option Exercise Price and Consideration. 

(a) Exercise Price. The per share exercise price for the Shares to be issued pursuant to exercise of an Option will be determined by the
Administrator, subject to the following: 
 (i) The per Share exercise price will be determined by the Administrator but will be no less
than 100% of the Fair Market Value per Share on the date of grant. 
 (ii) Notwithstanding the foregoing, Options that are Replacement
Awards may be granted with a per Share exercise price of less than 100% of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner consistent with Section 424(a) of the Code or United States
Treasury Regulation section 1.409A-1(b)(5)(v)(D). 
 (b) Waiting Period and Exercise Dates. At the time an Option is granted, the
Administrator will fix the period within which the Option may be exercised and will determine any conditions which must be satisfied before the Option may be exercised. 

(c) Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including
the method of payment. Such consideration may consist entirely of: 
 (i) cash; 

(ii) check; 

  
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 (iii) other Shares which have a Fair Market Value on the date of surrender equal to the
aggregate exercise price of the Shares as to which said Option will be exercised and provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company; 

(iv) net issue exercise, whereby Participant surrenders an Option at the principal office of the Company (or such other office or agency as
the Company may designate) together with a properly completed and executed exercise notice reflecting such election, in which event the Company will issue to the Participant that number of Shares computed using the following formula: 

X = Y (A –B) 

      A 

Where: 
 X = The number of
Shares to be issued to Participant; 
 Y = The number of Shares subject to the Option or, if only a portion of the Option is being
exercised, the portion of the Option being cancelled (at the date of such calculation); 
 A = The Fair Market Value of one Share (at the
date of such calculation); 
 B = The exercise price per Share of the Option (as adjusted to the date of the calculation); 

(v) consideration received by the Company under a cashless exercise program implemented by the Company in connection with the Plan; 

(vi) a reduction in the amount of any Company liability to the Participant, including any liability attributable to the Participant’s
participation in any Company-sponsored deferred compensation program or arrangement; 
 (vii) any combination of the foregoing methods of
payment; or 
 (viii) such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws.

 9. Exercise of Option. 

(a) Procedure for Exercise; Rights as a Stockholder. Any Option granted hereunder will be exercisable according to the terms of the Plan
and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement. An Option may not be exercised for a fraction of a Share. 

An Option will be deemed exercised when the Company receives: (i) written or electronic notice of exercise (in accordance with the Award
Agreement) from the person entitled to exercise 

  
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the Option, and (ii) full payment for the Shares with respect to which the Option is exercised (together with any applicable tax withholdings). Full payment may consist of any consideration
and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. Shares issued upon exercise of an Option will be issued in the name of the Participant or, if requested by the Participant, in the name of the
Participant and his or her spouse. Until the Shares are issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a
stockholder will exist with respect to the Shares subject to any Option, notwithstanding the exercise of the Option. The Company will issue (or cause to be issued) such Shares promptly after the Option is exercised. No adjustment will be made for a
dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 16 of the Plan. 

Exercising an Option in any manner will decrease the number of Shares thereafter available, both for purposes of the Plan and for sale under
the Option, by the number of Shares as to which the Option is exercised. 
 (b) Termination of Relationship as a Service Provider. If
a Participant ceases to be a Service Provider, other than upon the Participant’s death or Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent that the Option
is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option will remain exercisable for 3
months following the Participant’s termination. Unless otherwise provided by the Administrator, if on the date of termination, the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the
Option will revert to the Plan. If, after termination, the Participant does not exercise his or her Option within the time specified by the Administrator, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 

(c) Disability of Participant. If a Participant ceases to be a Service Provider as a result of the Participant’s Disability, the
Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set
forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option will remain exercisable for 12 months following the Participant’s termination. Unless otherwise provided by the Administrator, if on the date
of termination, the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan. If, after termination, the Participant does not exercise his or her Option within the
time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 
 (d) Death of
Participant. If a Participant dies while a Service Provider, the Option may be exercised within such period of time as is specified in the Award Agreement (but in no event later than the expiration of the term of such Option as set forth in the
Notice of Grant), by the Participant’s estate or by a person who acquires the right to exercise the Option by bequest or inheritance, but only to the extent that the Option is vested on the date of death. In the absence of a specified time in
the Award Agreement, the Option will remain exercisable for 12 months following the Participant’s termination. Unless otherwise provided by the Administrator, if at the time of 

  
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death, the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan. The Option may be exercised by
the executor or administrator of the Participant’s estate or, if none, by the person(s) entitled to exercise the Option under the Participant’s will or the laws of descent or distribution. If the Option is not so exercised within the time
specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 
 (e) Buyout Provisions.
Subject to Section 4(c), the Administrator may at any time offer to buy out for a payment in cash or Shares an Option previously granted based on such terms and conditions as the Administrator will establish and communicate to the Participant
at the time that such offer is made. 
 10. Restricted Stock. 

(a) Grant of Restricted Stock. Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to time,
may grant Restricted Stock to Service Providers in such amounts as the Administrator, in its sole discretion, will determine. 
 (b)
Restricted Stock Agreement. Each Award of Restricted Stock will be evidenced by an Award Agreement that will specify the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Administrator, in its
sole discretion, will determine. Unless the Administrator determines otherwise, the Company as escrow agent will hold shares of Restricted Stock until the restrictions on such Restricted Stock has lapsed. 

(c) Transferability. Except as provided in this Section 10, Restricted Stock may not be sold, transferred, pledged, assigned, or
otherwise alienated or hypothecated until the end of the applicable Period of Restriction. 
 (d) Other Restrictions. The
Administrator, in its sole discretion, may impose such other restrictions on Restricted Stock as it may deem advisable or appropriate. 

(e) Removal of Restrictions. Except as otherwise provided in this Section 10, Restricted Stock covered by each Restricted Stock
grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at
which any restrictions will lapse or be removed. 
 (f) Voting Rights. During the Period of Restriction, Participants holding
Restricted Stock granted hereunder may exercise full voting rights with respect to those Shares, unless the Administrator determines otherwise. 

(g) Dividends and Other Distributions. During the Period of Restriction, Service Providers holding Restricted Stock will be entitled to
receive all dividends and other distributions paid with respect to such Shares unless otherwise provided in the Award Agreement. If any such dividends or distributions are paid in Shares, the Shares will be subject to the same restrictions on
transferability and forfeitability as Restricted Stock with respect to which they were paid. 

  
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 (h) Return of Restricted Stock to Company. On the date set forth in the Award Agreement,
the Restricted Stock for which restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan. 

11. Restricted Stock Units. 

(a) Grant. Restricted Stock Units may be granted at any time as determined by the Administrator. Each Restricted Stock Unit grant will
be evidenced by an Award Agreement that will specify such other terms and conditions as the Administrator, in its sole discretion, will determine, including all terms, conditions, and restrictions related to the grant, the number of Restricted Stock
Units and the form of payout, which, subject to Section 11(d), may be left to the discretion of the Administrator. 
 (b) Vesting
Criteria and Other Terms. The Administrator will set vesting criteria (which may include performance objectives based upon the achievement of Company-wide, departmental or individual goals, Company performance relative to selected other
companies, or any other basis determined by the Administrator) in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant. After the
grant of Restricted Stock Units, the Administrator, in its sole discretion, may reduce or waive any restrictions for such Restricted Stock Units. Each Award of Restricted Stock Units will be evidenced by an Award Agreement that will specify the
vesting criteria, and such other terms and conditions as the Administrator, in its sole discretion, will determine. 
 (c) Earning
Restricted Stock Units. Upon meeting the applicable vesting criteria (including without limitation, achievement of any applicable performance objectives), the Participant will be entitled to receive a payout as specified in the Award Agreement.
Notwithstanding the foregoing, at any time after the grant of Restricted Stock Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout. 

(d) Form and Timing of Payment. Payment of earned Restricted Stock Units will be made as soon as practicable after the date(s) set
forth in the Award Agreement. The Administrator, in its sole discretion, may pay earned Restricted Stock Units in cash, Shares or a combination thereof. 

(e) Cancellation. On the date set forth in the Award Agreement, all unearned Restricted Stock Units will be forfeited to the Company.

 12. Stock Appreciation Rights. 

(a) Grant of Stock Appreciation Rights. Subject to the terms and conditions of the Plan, a Stock Appreciation Right may be granted to
Service Providers at any time as will be determined by the Administrator, in its sole discretion. 
 (b) Number of Shares. The
Administrator will have complete discretion to determine the number of Stock Appreciation Rights granted to any Participant. 

  
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 (c) Exercise Price and Other Terms. The Administrator, subject to the provisions of the
Plan, will have complete discretion to determine the terms and conditions of Stock Appreciation Rights granted under the Plan; provided, however, that the exercise price will be not less than 100% of the Fair Market Value of a Share on the date of
grant, unless the Stock Appreciation Right is a Replacement Award in which case, to the extent applicable, the number of shares of Common Stock and the exercise price thereof underlying such Award shall be determined in a manner consistent with
United States Treasury Regulation section 1.409A-1(b)(5)(v)(D), unless the Committee determines otherwise. 
 (d) Stock Appreciation
Right Agreement. Each Stock Appreciation Right grant will be evidenced by an Award Agreement that will specify the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the
Administrator, in its sole discretion, will determine. 
 (e) Expiration of Stock Appreciation Rights. A Stock Appreciation Right
granted under the Plan will expire upon the date determined by the Administrator, in its sole discretion, and set forth in the Award Agreement; provided, however, that the term will be no more than 10 years from the date of grant thereof.
Notwithstanding the foregoing, the rules of Section 9 will also apply to Stock Appreciation Rights. 
 (f) Payment of Stock
Appreciation Right Amount. Upon exercise of a Stock Appreciation Right, a Participant will be entitled to receive payment from the Company in an amount determined by multiplying: 

(i) The difference between the Fair Market Value of a Share on the date of exercise over the exercise price of that Stock Appreciation Right;
times 
 (ii) The number of Shares with respect to which the Stock Appreciation Right is exercised. 

At the discretion of the Administrator, the payment upon Stock Appreciation Right exercise may be in cash, in Shares of equivalent value, or
in some combination thereof. 
 13. Performance Units and Performance Shares. 

(a) Grant of Performance Units/Shares. Performance Units and Performance Shares may be granted to Service Providers at any time and from
time to time, as will be determined by the Administrator, in its sole discretion. The Administrator will have complete discretion in determining the number of Performance Units and Performance Shares granted to each Participant. 

(b) Value of Performance Units/Shares. Each Performance Unit will have an initial value that is established by the Administrator on or
before the date of grant. Each Performance Share will have an initial value equal to the Fair Market Value of a Share on the date of grant, unless the Performance Share is a Replacement Award, in which case the Performance Share shall have an
initial value intended to comply with the applicable requirements of Internal Revenue Code Section 409A. 

  
 -13- 

 (c) Performance Objectives and Other Terms. The Administrator will set performance
objectives or other vesting provisions (including, without limitation, continued status as a Service Provider) in its discretion that, depending on the extent to which they are met, will determine the number or value of Performance Units/Shares that
will be paid out to the Service Providers. Each Award of Performance Units/Shares will be evidenced by an Award Agreement that will specify the performance period, and such other terms and conditions as the Administrator, in its sole discretion,
will determine. The Administrator may set performance objectives based upon the achievement of Company-wide, divisional, or individual goals, applicable federal or state securities laws, or any other basis determined by the Administrator in its
discretion. 
 (d) Earning of Performance Units/Shares. After the applicable performance period has ended, the holder of Performance
Units/Shares will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the performance period, to be determined as a function of the extent to which the corresponding performance objectives or
other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Unit/Share. 

(e) Form and Timing of Payment of Performance Units/Shares. Payment of earned Performance Units/Shares will be made as soon as
practicable after the expiration of the applicable performance period. The Administrator, in its sole discretion, may pay earned Performance Units/Shares in the form of cash, in Shares (which have an aggregate Fair Market Value equal to the value of
the earned Performance Units/Shares at the close of the applicable performance period) or in a combination thereof. 
 (f) Cancellation
of Performance Units/Shares. On the date set forth in the Award Agreement, all unearned or unvested Performance Units/Shares will be forfeited to the Company, and again will be available for grant under the Plan. 

14. Leaves of Absence/Transfer Between Locations. Unless the Administrator provides otherwise, vesting of Awards granted hereunder will
be suspended during any unpaid leave of absence or period of time for a transfer between locations of the Company or between the Company, its Parent, or any Subsidiary. A Participant will not cease to be an Employee in the case of (i) any leave
of absence approved by the Company or (ii) transfers between locations of the Company or between the Company, its Parent, or any Subsidiary. For purposes of Incentive Stock Options, no such leave may exceed 3 months, unless reemployment upon
expiration of such leave is guaranteed by statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then 6 months following the 1st day of such leave, any Incentive Stock Option held by
the Participant will cease to be treated as an Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option. 

15. Transferability. 
 (a)
Non-Transferability of Awards. Unless determined otherwise by the Administrator, an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution
and may be exercised, 

  
 -14- 

 
during the lifetime of the Participant, only by the Participant. If the Administrator makes an Award transferable, such Award will contain such additional terms and conditions as the
Administrator deems appropriate. 
 (b) Prohibition Against an Award Transfer Program. Notwithstanding anything to the contrary in
the Plan, in no event will the Administrator have the right to determine and implement the terms and conditions of any Award Transfer Program without stockholder approval. 

16. Adjustments Upon Changes in Capitalization, Dissolution, Change in Control. 

(a) Changes in Capitalization. Subject to any required action by the stockholders of the Company, the number of shares of Common Stock
covered by each outstanding Award, and the number of shares of Common Stock which have been authorized for issuance under the Plan but as to which no Awards have yet been granted or which have been returned to the Plan upon cancellation or
expiration of an Award, as well as the price per share of Common Stock covered by each such outstanding Award, shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock
split, reverse stock split, stock dividend, reorganization, merger, consolidation, split-up, spin-off, combination or reclassification of the Common Stock, repurchase, or exchange of Shares or other securities of the Company, or any other change in
the corporate structure of the Company affecting the Shares occurs such that an adjustment is determined by the Board (in its sole discretion) to be appropriate in order to prevent dilution or enlargement of benefits of potential benefits to be made
available under the Plan. Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Notwithstanding the preceding, the number of Shares subject to any Award will always be a whole number.
Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number
or price of shares of Common Stock subject to an Award. 
 (b) Dissolution or Liquidation. In the event of the proposed dissolution
or liquidation of the Company, the Administrator will notify each Participant as soon as practicable prior to the effective date of such proposed transaction. In addition, the Administrator may provide that any Company repurchase option applicable
to any Shares purchased upon exercise of an Award will lapse as to all such Shares or, with respect to Restricted Stock Units, all Shares will vest, provided the proposed dissolution or liquidation takes place at the time and in the manner
contemplated. To the extent it has not been previously exercised, an Award will terminate immediately prior to the consummation of such proposed action. 

(c) Change in Control. In the event of a merger or a Change in Control, each outstanding Award will be assumed or an equivalent option
or right substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor corporation refuses to assume or substitute for the Award, the Participant will fully vest in and have the
right to exercise all his or her outstanding Options and Stock Appreciation Rights, including Shares as to which it would not otherwise be vested or exercisable, all restrictions on Restricted Stock will lapse, all outstanding Restricted Stock Units
will fully vest, and, with respect to Awards with performance-based vesting, all such vesting criteria will be deemed achieved at 100% of target 

  
 -15- 

 
level and all other terms and conditions met unless otherwise expressly provided for in the Award Agreement. If an Award becomes fully vested and exercisable in lieu of assumption or substitution
in the event of a merger or sale of assets, the Administrator will notify the Participant in writing or electronically that the Award will be fully vested and exercisable for a period of time determined by the Administrator, and the Award will
terminate upon the expiration of such period. For the purposes of this paragraph, the Award will be considered assumed if, following the Change in Control, the Award confers the right to purchase or receive, for each Share subject to the Award
immediately prior to the merger or sale of assets, the consideration (whether stock, cash, or other securities or property) received in the merger or sale of assets by holders of Common Stock for each Share held on the effective date of the
transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that if such consideration received in the Change in Control is not
solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of an Option or Stock Appreciation Right or upon the
payout of a Restricted Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received
by holders of Common Stock in the Change in Control. 
 Notwithstanding anything in this Section 16(c) to the contrary, an Award that
vests, is earned or paid-out upon the satisfaction of one or more performance-based vesting goals will not be considered assumed if the Company or its successor modifies any of such performance-based vesting goals without the Participant’s
consent; provided, however, a modification to such performance-based vesting goals only to reflect the successor corporation’s post-Change in Control corporate structure will not be deemed to invalidate an otherwise valid Award assumption. 

17. Tax Withholding. 
 (a)
Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount
sufficient to satisfy federal, state, local, foreign or other taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof). 

(b) Withholding Arrangements. The Administrator, in its sole discretion and pursuant to such procedures as it may specify from time to
time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation) (a) paying cash, (b) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market
Value equal to the amount required to be withheld, (c) delivering to the Company already-owned Shares having a Fair Market Value equal to the amount required to be withheld, or (d) selling a sufficient number of Shares otherwise
deliverable to the Participant through such means as the Administrator may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld. The amount of the withholding requirement will be deemed
to include any amount which the Administrator agrees may be withheld at the time the election is made, not to exceed the amount determined by using the maximum federal, state or local marginal income tax rates applicable to the Participant with
respect to the Award on the date that the amount of tax to be withheld is to be determined. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. 

  
 -16- 

 18. No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a
Participant any right to continuing the Participant’s relationship as a Service Provider with the Company, nor will the Plan or any Award interfere in any way with the Participant’s right or the Company’s right to terminate such
relationship at any time, with or without cause, to the extent permitted by Applicable Laws. 
 19. Date of Grant. The date of grant
of an Award will be, for all purposes, the date on which the Administrator makes the determination granting such Award, or such other later date as is determined by the Administrator. Notice of the determination will be provided to each Participant
within a reasonable time after the date of such grant. 
 20. Amendment and Termination of the Plan. 

(a) Amendment and Termination. The Board or the Compensation Committee of the Board may at any time amend, alter, suspend or terminate
the Plan. 
 (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and
desirable to comply with Applicable Laws. 
 (c) Effect of Amendment or Termination. No amendment, alteration, suspension or
termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the
Plan will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. 

21. Conditions Upon Issuance of Shares. 

(a) Legal Compliance. Shares will not be issued pursuant to the exercise of an Award unless the exercise of such Award and the issuance
and delivery of such Shares will comply with Applicable Laws and will be further subject to the approval of counsel for the Company with respect to such compliance. 

(b) Investment Representations. As a condition to the exercise of an Award, the Company may require the person exercising such Award to
represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation
is required. 
 22. Inability to Obtain Authority. The inability of the Company to obtain authority from any regulatory body having
jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, will relieve the Company of any liability in respect of the failure to issue or sell such Shares as to
which such requisite authority will not have been obtained. 

  
 -17- 

 23. Reservation of Shares. The Company, during the term of this Plan, will at all times
reserve and keep available such number of Shares as will be sufficient to satisfy the requirements of the Plan. 
 24. Recoupment.
The Company is committed to the principle of strong corporate governance and the integrity of its financial statements. In the event that material accounting errors occur that require correction of the Company’s issued financial statements,
whether or not such errors result from fraud or intentional misconduct by Executives (as defined below), the intent of this policy is for the Compensation Committee to seek repayment of all cash-based incentive compensation or performance-based
equity compensation (“Incentive Compensation”) erroneously paid or granted to the CEO and any of the executives of the Company who report directly to the CEO (collectively, “Executives”) based on the material
accounting error, if the amount of such Incentive Compensation would have been lower had the Incentive Compensation been calculated based upon financial statements free of any material accounting errors. In determining whether to pursue such
repayment, the Compensation Committee will take into account certain considerations including but not limited to the feasibility and expense of recoupment, any pending legal action, and the passage of time since the occurrence of the accounting
error requiring the correction. Following such determination, the Company shall disclose in its next annual proxy statement any decision by the Compensation Committee to pursue such repayment as well as any decision by the Compensation Committee not
to pursue such repayment and the reasons therefor. The Company shall amend this recoupment provision, as appropriate, following the implementation of final rules to be promulgated by the U.S. Securities and Exchange Commission under the Dodd-Frank
Wall Street Reform and Consumer Protection Act. 

  
 -18-EX-4.3

 Exhibit 4.3 

BTI SYSTEMS INC. 

AMENDED AND RESTATED 2012 STOCK OPTION PLAN AND LONG-TERM INCENTIVE PLAN  

As adopted and effective March 28, 2013 

As amended on November 8, 2013, May 14, 2014, and January 24, 2016. 

 BTI SYSTEMS INC. 

AMENDED AND RESTATED 2012 STOCK OPTION PLAN AND LONG-TERM INCENTIVE PLAN 

ARTICLE 1 
 PURPOSE
AND ADMINSTRATION 
  

	Section 1.1	Purpose of the Plan 

 The purpose of this Plan is to advance the interests of the
Corporation by: (i) providing Eligible Persons with additional incentive; (ii) increasing the proprietary interest of Eligible Persons in the success of the Corporation; (iii) encouraging Eligible Persons to remain with the
Corporation; and (iv) attracting new Employees, Officers, Directors and Consultants. 
  

	Section 1.2	Definitions 

 For the purposes of this Plan, the following terms shall have the following
meanings: 
  

	 	(a)	“Affiliate” or “Affiliated Entity” means any entity that is an affiliated entity of the Corporation as defined under NI 45-106; 

 

	 	(b)	“Applicable Rules” means the securities laws of any applicable jurisdiction or the rules applicable to any stock exchange or quotation system on which the Corporation’s Shares are listed or quoted
or on which the Corporation wishes to list or quote its Shares, including any required prior regulatory or shareholder consent; 

  

	 	(c)	“Associate” has the meaning given to that term in the OSA; 

  

	 	(d)	“Award” means an Option or Restricted Share Unit; 

  

	 	(e)	“Board” means the Board of Directors of the Corporation or a committee of the Board of Directors appointed in accordance with the Plan; 

 

	 	(f)	“Business Day” means any day other than a Saturday, Sunday or statutory or civic holiday in the City of Toronto, Ontario; 

 

	 	(g)	“Common Shares” means the common shares in the capital of the Corporation; 

  

	 	(h)	“Consultant” means an individual that: 

  

	 	(i)	is engaged to provide on a bona fide basis consulting, technical, management or other services to the Corporation or an Affiliated Entity under a written contract between the Corporation or the Affiliated Entity and the
individual or a company or partnership of which that individual is an employee, shareholder or partner; and 

  
 1 

	 	(ii)	in the reasonable opinion of the Board, spends or will spend a significant amount of time and attention on the affairs and business of the Corporation or an Affiliated Entity; 

 

	 	(i)	“Consultant Company” means, for an individual Consultant, a company of which the individual Consultant is an employee or a shareholder; 

 

	 	(j)	“Consultant Partnership” means, for an individual Consultant, a partnership of which the individual Consultant is an employee or a partner; 

 

	 	(k)	“Corporation” means BTI Systems Inc. and its successors, and, except where the context otherwise requires, the term “Corporation” includes Affiliated Entities of the Corporation;

  

	 	(l)	“Date of Disability” shall have the meaning set forth in Section 1.7; 

  

	 	(m)	“Date of Grant” means the date a Participant is granted an Option or a Restricted Share Unit; 

  

	 	(n)	“Deposit Receipt” means a receipt given to a Participant evidencing the Participant’s interest in Shares; 

  

	 	(o)	“Director” means a member of the board of directors of the Corporation or a member of the board of directors of an Affiliated Entity; 

 

	 	(p)	“Disability” either 

  

	 	(i)	has the meaning given to that term in any written employment or consulting agreement between the Corporation and the Eligible Person or in any written employment policy, manual or insurance policy of the Corporation, or

  

	 	(ii)	if there is no applicable written definition of this term, means the mental or physical state of the Eligible Person resulting in the Eligible Person being unable as a result of illness, disease, mental or physical
disability or similar cause, as determined by a legally qualified medical practitioner selected by the Corporation, to fulfil the Eligible Person’s obligations to the Corporation either for any consecutive 180-day period or for any period of
180 days (whether or not consecutive) in any consecutive 365-day period; 

  

	 	(q)	“Eligible Person”, subject to all applicable law, means any Employee, Officer, Director (including a corporation all of the voting stock of which is controlled by the Employee, Officer or Director, as
the case may be) or Consultant (and includes any of these persons who are on an approved leave of absence authorized by the Board or the board of directors of any Affiliated Entity), or who is a person, or belongs to a class of person, designated as
an “Eligible Person” by the Board; 

  
 2 

	 	(r)	“Employee” means a person employed on a full-time or part-time basis by the Corporation or an Affiliated Entity of the Corporation, other than an Executive; 

 

	 	(s)	“Executive” means a Director or an Officer; 

  

	 	(t)	“Fair Value” has the meaning given to that term in Section 2.1; 

  

	 	(u)	“Investment Administrator” means a trustee, custodian, or administrator acting on behalf of or for the benefit of an Eligible Person; 

 

	 	(v)	“NI 45-106” means National Instrument 45-106 Prospectus and Registration Exemptions, as promulgated by the Canadian securities commissions, as such instrument may be amended, and includes, without
limitation, any successor instrument thereto. 

  

	 	(w)	“Non-Conforming Amendment” means an amendment to the Plan made after the prior shareholder approval referred to in Section 1.6(1) has been obtained that would result in the Corporation exceeding
any restriction in Section 1.6(2)(a) to Section 1.6(2)(d); 

  

	 	(x)	“Non-Voting Common Shares” means the non-voting common shares in the capital of the Corporation; 

  

	 	(y)	“Officer” means an officer of the Corporation or an Affiliated Entity, duly appointed by the Board or the board of directors of an Affiliated Entity, as applicable; 

 

	 	(z)	“Option” means a right granted to an Eligible Person to purchase Shares of the Corporation on the terms of this Plan; 

 

	 	(aa)	“Option Agreement” means the agreement between a Participant and the Corporation granting Options, substantially in the form as set out in Schedule “A”; 

 

	 	(bb)	“OSA” means the Securities Act (Ontario), as amended; 

  

	 	(cc)	“Outstanding Issue” means: (i) for the purposes of Section 1.6(2)(a) and Section 1.6(2)(b), the number of Common Shares and Non-Voting Common Shares outstanding, plus the number of Common
Shares issuable on the conversion of the outstanding convertible preferred shares of the Corporation, immediately before the share issuance for which the determination is to be made, excluding Common Shares or Non-Voting Common Shares issued as or
under Share Compensation Arrangements during the preceding 12 month period, or (ii) otherwise, the number of Common Shares and Non-Voting Common Shares outstanding, plus the number of Common Shares issuable on the conversion of any convertible
preferred shares of the Corporation; 

  
 3 

	 	(dd)	“Participant” means an Eligible Person to whom an Option has been granted; 

  

	 	(ee)	“Plan” means this Amended and Restated 2012 Stock Option Plan and Long-Term Incentive Plan, as amended from time to time; 

 

	 	(ff)	“Public Company” means a corporation any portion of the shares of which is freely tradeable to and between members of the public without the requirement of filing a prospectus or similar document and
the shares of which are traded on a published market (being any market on which shares are traded if the prices at which they have been traded on that market are regularly published in a newspaper or business or financial publication of general and
regular paid circulation); 

  

	 	(gg)	“registrant” has the meaning ascribed thereto in Section 1(1) of the OSA; 

  

	 	(hh)	“Related Person” has the meaning given to that term in NI 45-106; 

  

	 	(ii)	“Restricted Share Unit” or “RSU” means a bookkeeping entry representing an amount equal to the fair market value of a Share granted pursuant to the RSU Appendix. Each RSU represents an
unfunded and unsecured obligation of the Corporation, subject to the terms and conditions of the applicable Restricted Share Unit Agreement, and each holder of an RSU shall have no rights other than those of a general creditor of the Corporation;

  

	 	(jj)	“RSU Appendix” means an appendix to this Plan pursuant to which RSUs are granted; 

  

	 	(kk)	“Share” means a Common Share or a Non-Voting Common Share of the Corporation, and, in the event of a substitution or adjustment contemplated by Section 8.2, Section 8.8, and/or
Section 8.9, such other shares or securities to which a Participant may be entitled upon the exercise of an Option or settlement of an RSU as a result of such substitution or adjustment; 

 

	 	(ll)	“Share Compensation Arrangement” means a compensation or incentive mechanism involving the potential issuance of Shares to persons referred to in the definition of “Participant” for services
provided or expected to be provided to the Corporation or an Affiliated Entity, and includes any “incentive” or “incentive plan” of the Corporation as such terms are defined in the NI 45-106 and, if the Shares are listed on the
TSX, as defined in the TSX Company Manual; 

  

	 	(mm)	“Shareholders’ Agreement” means the Fourteenth Amended and Restated Shareholders’ Agreement dated as of November 22, 2015 made by and between the Corporation and certain other
shareholders of the Corporation, as the same may be amended or restated, from time to time, and any successor agreement thereto; 

  
 4 

	 	(nn)	“Termination Date” means the date on which a Participant ceases to be an Eligible Person, as determined in accordance with Section 1.7; 

 

	 	(oo)	“Transfer” includes any sale, exchange, assignment, gift, bequest, disposition, mortgage, hypothecation, charge, pledge, encumbrance, grant of security interest or other arrangement by which possession,
legal title or beneficial ownership passes from one person to another, or to the same person in a different capacity, whether or not voluntary and whether or not for value, and any agreement to effect any of the foregoing; and 

 

	 	(pp)	“TSX” means the Toronto Stock Exchange. 

  

	Section 1.3	Administration by the Board of Directors 

 This Plan will be administered by the Board or
any compensation committee thereof in which case all references to the term “Board” will be deemed to be references to the committee. 
  

	Section 1.4	Administration. 

 Subject to this Plan, the Board has the authority to: 

 

	(1)	grant Awards to Eligible Persons; 

  

	(2)	determine the terms of Award grants, including any limitations, restrictions and conditions upon those grants, which terms need not be identical; 

 

	(3)	determine if the Shares issuable upon exercise of the Options or settlement of RSUs shall be Common Shares or Non-Voting Common Shares; 

 

	(4)	issue Shares upon the exercise of Options or settlement of Restricted Share Units; 

  

	(5)	effect any repurchase of Shares, Options, RSUs, or other rights contemplated by this Plan; 

  

	(6)	interpret this Plan and adopt, amend or rescind any administrative guideline and other rule relating to this Plan as it may from time to time consider advisable, subject to any required approval by an applicable
regulatory authority; and 

  

	(7)	make all other determinations and take all other actions in connection with the 

  

	(8)	implementation and administration of this Plan as it may consider necessary or advisable. 

 The Board’s
guidelines, rules, interpretations and determinations will be conclusive and binding upon all parties. 

  
 5 

	Section 1.5	Shares Reserved 

 The Corporation hereby reserves for issuance under this Plan an
aggregate of 100,000,000,000 Shares, which number includes any Shares previously issued under this Plan and the 2003 Amended and Restated Stock Option Plan of the Corporation. Any Share subject to an Award that, for any reason, has been cancelled or
terminated without having been exercised, will again be available under this Plan. 
  

	Section 1.6	Restrictions on Issuances 

 The following restrictions shall apply to this Plan, unless and until such
time as the Corporation has only one (1) shareholder: 
  

	(1)	Unless prior shareholder approval is obtained for the Plan and for any Non-Conforming Amendment in accordance with NI 45-106, and if the Shares are then listed on the TSX, in accordance with the TSX Company Manual (or
any successor instrument): 

  

	 	(a)	no Award shall be granted to an Executive, and 

  

	 	(b)	if the Shares are then listed on the TSX, no Award shall be granted to a Related Person, 

  

	(2)	if, in the case of either (a) or (b) above, the Plan, together with all other previously established or proposed Share Compensation Arrangements of the Corporation, including any amendments thereto, could
result, at any time, in: 

  

	 	(a)	the number of Shares reserved for issuance pursuant to Award granted to Related Persons exceeding 10% of the Outstanding Issue; 

  

	 	(b)	the number of Shares issued to Related Persons within a 12 month period, exceeding 10% of the Outstanding Issue; 

  

	 	(c)	the number of Shares issued to any one Related Person and that Related Person’s Associates, within a one-year period, exceeding 5% of the Outstanding Issue; and 

 

	 	(d)	the number of Shares reserved for issuance to any one Related Person and that Related Person’s Associates pursuant to Options exceeding 5% of the Outstanding Issue. 

 

	(3)	The Board shall not approve the grant of an Award to a registrant who is a Consultant in connection with services provided by the registrant relating to a distribution as defined in Section 1(1) of the OSA.

  

	(4)	No fractional Share may be issued and the Board may determine the manner in which fractional Share value will be treated. 

  
 6 

	Section 1.7	Ceasing to be an Eligible Person 

  

	(1)	For the purposes of this Plan, a Participant will cease to be an Eligible Person on the earliest of: 

  

	 	(a)	the end of the notice period if the Corporation, or any Affiliated Entity, gives the Participant notice of termination of employment or the Participant gives the Corporation, or any Affiliated Entity, notice of
resignation if, in either case, the Participant continues to work during the notice period; 

  

	 	(b)	the date on which the Corporation, or any Affiliated Entity, gives the Participant notice of termination of employment (with or without cause) and not the date on which any period of notice of termination (whether
statutory, common law or contractual) expires, if the Participant does not work for the Corporation or an Affiliated Entity during the notice period; 

  

	 	(c)	the date on which the Participant gives the Corporation, or any Affiliated Entity, notice of resignation, if the Participant does not work for the Corporation or an Affiliated Entity during the notice period;

  

	 	(d)	the date of the Participant’s retirement; 

  

	 	(e)	the date of the Participant’s death; 

  

	 	(f)	the date of the Participant’s Disability, which date is the last day of the applicable period during which the Participant is able to fulfil the Participant’s obligations to the Corporation (the “Date
of Disability”); 

  

	 	(g)	the date on which the Participant otherwise fails to meet the criteria set out under the definition of an Eligible Person; and 

  

	 	(h)	in any other case, the actual date on which both the Participant and the Corporation, or any Affiliated Entity, had actual notice that the Participant’s employment would cease on a particular date.

 For greater certainty, the above dates will apply whether or not the Participant receives or is entitled to receive any
payment in lieu of notice. 
  

	(2)	A Consultant will cease to be an Eligible Person on the earliest of: 

  

	 	(a)	the expiration of the Consultant’s written contract with the Corporation or any Affiliated Entity of the Corporation; or 

  

	 	(b)	the termination by the Corporation or its Affiliated Entities, as applicable, of the Consultant’s contract with the Corporation or any Affiliated Entity of the Corporation whether with or without cause.

  
 7 

	(3)	For purposes of Restricted Share Units, the Participant’s employment or service relationship will be considered terminated as of the date that is the earlier of (1) the date the Participant’s employment
or service relationship is terminated, (2) the date the Participant receives notice of termination, or (3) the date the Participant ceases to actively provide services (regardless of the reason for such termination and whether or not the
termination is later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any); the Board shall have the exclusive discretion to
determine when the Participant is no longer actively providing services for purposes of the Restricted Share Units (including whether the Participant may still be considered to be providing services while on a leave of absence). 

 

	Section 1.8	Incentive Stock Option (ISO) Plan 

  

	(1)	Options granted under this Section 1.8 may be designated as “incentive stock options” (“ISOs”) within the meaning of section 422 of the United States Internal Revenue Code of 1986, as
amended (the “US Tax Code”). Any Options not granted under this Section 1.8 as ISOs shall be granted as nonqualified stock options for the purposes of the US Tax Code. Any Options designated as ISOs shall be governed by this
Section 1.8 and, to the extent of any inconsistency between the terms of this Section 1.8 and the Plan, the terms of this Section 1.8 shall govern. 

 

	(2)	The class of person who may be granted ISOs under this Section 1.8 shall, in addition to the limitations otherwise imposed by the Plan, be limited to those persons who are “employees” (within the meaning
of section 3401(c) of the US Tax Code) of the Corporation or its “parent” or “subsidiary” corporations within the meaning of section 424(e) and (f), respectively, of the US Tax Code. 

 

	(3)	The exercise price of any Option granted under this Section 1.8 as an ISO shall not be less than the fair market value of the Shares at the time such Option is granted (determined in accordance with
Section 422(c)(1) of the U.S. Tax Code and any regulations promulgated thereunder). 

  

	(4)	The aggregate number of Shares over which Options may be granted under this Section 1.8 or under the other provisions of this Plan to all Participants during the term of the Plan shall not exceed the number of
shares reserved under the Plan pursuant to Section 1.5. Notwithstanding any other provision of this Section 1.8, any Option granted hereunder shall cease to be an ISO, and shall thereafter constitute a nonqualified stock option for the
purposes of the US Tax Code, if this Plan is not approved by the shareholders of the Corporation within 12 months of its adoption. Subject in all instances to any shorter exercise period or option term set forth in the Plan or any Option Agreement,
any Option granted under this Section 1.8 as an ISO shall not be exercisable after the expiration of ten years from the Date of Grant of such ISO. 

  

	(5)	 To the extent that the aggregate fair market value of Shares with respect to which ISOs are exercisable for the
first time by a Participant during any calendar year (under all plans or schemes of the Corporation or its “parent” or “subsidiary” corporations within 

  
 8 

	 	
the meaning of sections 424(e) and (f), respectively, of the US Tax Code) exceeds US$100,000 as determined at the time of grant, such Options shall be treated, to the extent of the excess, as
nonqualified stock options for the purposes of the US Tax Code. Furthermore, not more than 25% of the total number of Shares available for issuance under the Plan may be made subject to Options to any individual in the aggregate in any one fiscal
year of the Company, such limitation to be applied in a manner consistent with the requirements of, and only to the extent required for compliance with, the exclusion from the limitation on deductibility of compensation under section 162(m) of the
US Tax Code. 

  

	(6)	No ISO may be granted to an individual if, at the time of the proposed grant, such individual owns (or is deemed to own pursuant to the US Tax Code) stock possessing more than ten per cent. of the total combined voting
power of all classes of stock of the Corporation (or its “parent” or “subsidiary” corporations within the meaning of sections 424(e) and (f), respectively, of the US Tax Code) unless (a) the exercise price of such ISO is at
least 110 per cent of the fair market value of a Share at the Date of Grant of such ISO and (b) such ISO is not exercisable after the expiration of five years from the Date of Grant of such ISO. 

 

	(7)	If any Option granted under this Section 1.8 is exercised more than three (3) months after the date that the Participant was last employed by the Corporation (or by its “parent” or
“subsidiary” corporations within the meaning of sections 424(e) and (f), respectively, of the US Tax Code), or in case the Participant becomes “disabled” (as defined by section 422(c)(6) of the US Tax Code) more than twelve
(12) months after the date that the Participant was last employed by the Corporation (or by its “parent” or “subsidiary” corporations within the meaning of sections 424(e) and (f), respectively, of the US Tax Code), then
such Option shall be treated as a nonqualified stock option for purposes of the US Tax Code. 

  

	(8)	Subject in all instances to the transfer restrictions contained elsewhere in the Plan and in any Option Agreement, any Option granted under this Section 1.8 as an ISO may not be transferred by the Participant other
than by will or the applicable laws of descent and distribution, and any such Option granted under this Section 1.8 as an ISO shall only be exercisable, during the lifetime of the Participant, by the Participant. 

 

	(9)	Shares shall not be issued pursuant to the exercise of any Option granted under this Section 1.8 unless the exercise of the Option and the issuance and delivery of such Shares shall comply with all relevant
provisions of law, involving, without limitation, the Securities Act of 1933, as amended (the “Securities Act”), the Securities Exchange Act of 1934, as amended, applicable State securities laws, and the requirements of any stock exchange
upon which Shares may then be listed, and, at the discretion of the Board, shall be further subject to approval of counsel for the Corporation with respect to such compliance. None of the Corporation or any of its subsidiaries or affiliates shall
have any obligation to register any Shares under the Securities Act or any applicable State law. Any stock certificates evidencing any Share issued pursuant to this Section 1.8 may bear a legend indicating that the transferability of the
certificate and the Shares are restricted and subject to terms and conditions contained in this section or otherwise. 

  
 9 

	(10)	An ISO may not be granted after the earlier of the date that is (a) ten years after the date that the Plan is approved by the shareholders of the Corporation, or (b) ten years after the date that the Plan is
adopted by the board of directors of the Corporation. 

  

	(11)	By accepting an ISO, a Participant agrees to notify the Company in writing within ten days after such Participant makes a “disqualifying disposition” (as described in Sections 421, 422 and 424 of the Code and
regulations thereunder) of any Shares acquired pursuant to the exercise of that ISO. A disqualifying disposition is generally any disposition occurring on or before the later of (a) the date two years following the date the ISO was granted, or
(b) the date one year following the date the ISO was exercised. 

 ARTICLE 2 

FAIR VALUE 
  

	Section 2.1	Fair Value 

  

	(1)	Subject to this Article 2, unless otherwise determined by the Board, the purchase price of Shares subject to an Option granted pursuant to the Plan shall be determined by the Board on the Date of Grant. Unless otherwise
determined by the Board, in the event that the Shares are not listed on any stock exchange or market, the purchase price of Shares subject to an Option granted under the Plan shall be not less than 100% of the fair market value of the Shares as
determined in good faith by the Board at the Date of Grant, which fair market value will be the “Fair Value” for the purposes of this Plan. The Board may consider any evidence that it, in its sole discretion, determines to be helpful to it
in determining Fair Value. The Board may determine a new Fair Value from time to time as, in its sole discretion, is warranted by the circumstances. 

  

	(2)	If the Corporation is a Public Company, “Fair Value” for the purposes of this Plan will be equal to the closing market price of the Shares on the TSX or other relevant stock exchange (as determined by the
Board) on the last trading day preceding the Date of Grant. If there is no trading on that date, the “Fair Value” will be the average of the bid and ask on the last trading date preceding the Date of Grant. 

ARTICLE 3 
 GRANTS
OF OPTIONS 
  

	Section 3.1	Grants 

  

	(1)	The Board may grant Options to Eligible Persons. An Eligible Person may receive Options on more than one occasion under this Plan. 

  

	(2)	 Subject to Applicable Rules, if the Corporation is a Public Company, the Chief Executive Officer and the Chief
Financial Officer of the Corporation and any other officer of the 

  
 10 

	 	
Corporation designated by the Board (each, a “Designated Officer”) is authorized to grant Options from time to time to Eligible Persons between meetings of the Board, subject to
the ratification and approval of those grants by the Board at its next meeting; provided that those grants are otherwise made in accordance with the terms of the Plan and any guidelines set out by the Board. Any grants of Options that are not in
accordance with those guidelines (but are otherwise in accordance with the terms of the Plan) may be made by a Designated Officer between meetings of the Board, subject to the approval of the Chair of the committee of the Board appointed to
administer the Plan and the ratification and approval of those grants by the Board, at its next meeting. In all circumstances, the exercise price of Options granted in this manner will be established on the Date of Grant by the Designated Officer,
in accordance with Section 2.1 of the Plan. 

  

	Section 3.2	Option Term 

  

	(1)	Options granted must be exercised by no later than the later of: (i) six years after the Date of Grant, and (ii) the date that is two years following the effective date of a registration statement or receipt
date of a (final) prospectus of the Corporation, (or within any lesser period that the applicable grant, this Plan or any applicable regulatory authority may require) provided that, in no event shall an Option be exercised more than ten years after
the Date of Grant. No Option may be exercised after its stated expiration. 

  

	(2)	The Board will determine when any Option will become exercisable and may determine that an Option will be exercisable in instalments. If not otherwise determined by the Board, an Option will vest as to one-quarter of
the total number of shares subject to the Option on the first anniversary of the Date of Grant, and thereafter as to 1148th of the total number of Shares subject to the Option on the last day of each full month thereafter. Notwithstanding the
foregoing, Options shall cease to vest when the Participant ceases to be an Eligible Person in accordance with Section 1.7. 

  

	(3)	If a Participant ceases to be an Eligible Person as a result of: 

  

	 	(a)	the termination of the Participant’s employment or engagement by the Corporation or any Affiliated Entity without cause, in accordance with Sections Section 1.7(1)(a)or Section 1.7(1)(b);

  

	 	(b)	the date of the Participant’s retirement; 

  

	 	(c)	the date on which the Participant gives the Corporation or an Affiliated Entity notice of resignation, if the Participant does not work for the Corporation or an Affiliated Entity during the notice period;

  

	 	(d)	the expiration or termination of a Consultant’s contract in accordance with Section 1.7(2); or 

  
 11 

	 	(e)	the date on which the Participant ceases to be an Eligible Person in accordance with Sections Section 1.7(1)(g) or Section 1.7(1)(h); 

each Option held by the Participant which has vested on or prior to the Termination Date will cease to be exercisable sixty (60) days
after the Termination Date unless otherwise determined by the Board. 
  

	(4)	If a Participant ceases to be an Eligible Person as a result of the termination of the Participant’s employment or engagement by the Corporation or an Affiliated Entity for cause, each Option held by the
Participant which has vested on or prior to the Termination Date will cease to be exercisable immediately upon the date on which the Corporation or an Affiliated Entity gives the Participant notice of termination of employment, unless otherwise
determined by the Board. 

  

	(5)	On the death of the Participant, the Participant or the legal representatives of the Participant, as the case may be, may exercise the Participant’s Options pursuant to Section 4.1 within 180 days after the
date of the Participant’s death, but only to the extent that the Options were, by their terms, vested on the date of death. 

  

	(6)	On the Participant’s Date of Disability, the Participant may exercise the Participant’s Options, pursuant to Section 4.1, within 180 days after the Participant’s Date of Disability, but only to the
extent that the Options were, by their terms, vested on the Participant’s Date of Disability. 

  

	(7)	Effective the Termination Date, any portion of an Option that has not vested on or prior to the Termination Date will no longer continue to vest or be exercisable. 

 

	(8)	Leave of absence - In the event a Participant takes an approved leave of absence (whether with or without pay), for more than thirty (30) days, but where the Participant returns to its employment, the vesting of
the Options shall be deferred by the length of the absence (i.e. tolled), but the Option term will not be extended 

  

	Section 3.3	Receiving an Option 

 Every Participant will, as a pre-condition to any entitlement to
any Shares, execute and be bound by the Option Agreement. 
  

	Section 3.4	Prohibition on Transfer or Pledge of Options 

 Options are personal to the
Participant. No Participant may deal with any Options or any interest in them or Transfer any Options except in accordance with this Plan. A purported Transfer of any Options in violation of this Plan will not be valid and the Corporation will not
issue any Share upon the attempted exercise of those Options. Subject to Applicable Rules, the Board may establish rules and procedures permitting the Transfer of Options in circumstances and on terms determined by the Board. The obligations of each
Participant pursuant to the Plan and any Option shall be binding on his or its successors, permitted assigns, heirs, executors and administrators, as applicable. 

  
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	Section 3.5	Amendment of Option Terms 

 The Board may by written action at any time:
(i) terminate the Plan or make amendments to the Plan, or create or authorize any sub-Plan as contemplated by Section 8.13, or (ii) amend or modify any outstanding Option in any manner to the extent that the Board would have had the
initial authority to grant the Option as so modified or amended, including without limitation, changing the date or the price at which an Option becomes exercisable, subject to any required approval by any applicable regulatory authority, and
provided, in the case of (i) or (ii) above, that no such termination, amendment or modification shall adversely affect or impair any then outstanding Option without the consent of the Participant then holding such Option. 

ARTICLE 4 
 EXERCISE
OF OPTIONS 
  

	Section 4.1	Exercise of Option and Payment of Option Price 

 Subject to the provisions of the Plan,
an Option maybe exercised from time to time by delivery to the Corporation at its office of a written notice of exercise substantially in the form attached hereto as Schedule “B”, addressed to the Secretary of the Corporation specifying
the number of Shares with respect to which the Option is being exercised (the “Notice of Exercise”). The purchase price of each Share purchased under an Option shall, at the option of the Participant, be paid by bank draft or
certified cheque. Upon receipt by the Corporation of payment in full and the completed Notice of Exercise, but subject to this Plan, the number of Shares in respect of which the Option is exercised will be issued as fully paid and non-assessable.

 In the event that the Shares are not listed on a stock exchange as at the date of an exercise of an Option, it shall be a condition
precedent to the exercise of any Option that the Participant agree to be bound by the terms of the Shareholders’ Agreement or any similar agreement generally applicable to all of the shareholders of the Corporation then in force. 

ARTICLE 5 
 SHARES

  

	Section 5.1	Prohibition on Transfer or Pledge of Shares 

 No Participant may, upon the exercise of
any Option, deal with any Share or any interest in a Share or, so long as the Corporation is not a Public Company, Transfer any Share now or hereafter held by the Participant (in consequence of the exercise of the Option) except in accordance with
this Plan. A purported Transfer of a Share in violation of this Plan will not be valid. Any Transfer in violation of this Plan will not be valid and: 
  

	(1)	the Corporation will not register, nor permit any transfer agent to register, any of the transferred Shares on the securities register of the Corporation; 

 

	(2)	no voting rights attaching to or relating to the transferred Shares may be exercised; 

  
 13 

	(3)	no purported exercise of voting rights attaching to the transferred Shares will be valid or effective; and 

  

	(4)	no dividend or distribution will be paid or made on a transferred Share. 

  

	Section 5.2	Buyback of Shares in Other Circumstances 

 If, an offer (the “Offer”)
from any person (the “Offeror”) to purchase all of the Shares of the Corporation is received by the Secretary of the Corporation which has been accepted by parties to the Shareholders’ Agreement sufficient to trigger the
drag-along (compulsory sale) provisions as set forth in the Shareholders’ Agreement, then the following procedures must be followed: 
  

	(1)	The Secretary will promptly give written notice (the “Offer Notice”) to each shareholder of the Corporation including a Participant setting out the material business terms of the Offer including without
limitation, 

  

	 	(a)	a description of the material business terms of the Offer; 

  

	 	(b)	the procedure to be followed for the acceptance of the Offer; and 

  

	 	(c)	the consequences of acceptance. 

  

	(2)	The Participant must sell any Shares held by him to the Offeror in accordance with the Offer and this Plan. The Corporation is hereby irrevocably appointed the agent and attorney of the Participants for the purpose of
effecting registration of the third party offeror as a shareholder and, if applicable, debtholder of the Corporation in completing the sale of the Shares of such Participants to the third party in accordance with this Section 5.4.

  

	Section 5.3	Lock-Up Agreement 

 If requested in writing by the Corporation or any underwriter of the
securities of the Corporation, each Participant shall agree not to sell or otherwise transfer or dispose of any of the Shares for a period not to exceed 180 days, following the effective date of a registration statement or receipt date of a (final)
prospectus of the Corporation and, at the Corporation’s or such underwriter’s request, shall sign a lock-up agreement to such effect. 
  

	Section 5.4	Intermediaries 

 Subject to applicable law and all of the terms and provisions of
the Plan, an Option, or Shares acquired on the exercise of an Option by a Participant, may be registered in the name of: 
  

	(1)	a subsidiary entity of any Eligible Person or a RRSP or RRIF established by such Eligible Person or under which such Eligible Person is a beneficiary; 

 

	(2)	a Consultant’s Consultant Company, Consultant Partnership, or a RRSP or RRIF established by or for the Consultant or under which the Consultant is a beneficiary; or 

  
 14 

	(3)	an Investment Administrator (such subsidiary entity, RRSP, RRIF, Consultant Company, Consultant Partnership or Investment Administrator being hereinafter referred to as an “Intermediary”).

 The terms and provisions of the Plan and any Option shall apply mutatis mutandis to any Intermediary as if such
Intermediary were a Participant. The obligations of each Intermediary pursuant to the Plan and/or any Option shall be binding on the Participant on behalf of or for the benefit of whom the Intermediary acts (the “Beneficiary”), and
on such Beneficiary’s successors, assigns, heirs, executors or administrators, as applicable. The Participant shall do such acts and things and execute such instruments as are necessary or desirable to cause the Intermediary to comply with the
terms and provisions of the Plan and/or any Option. 
  

	Section 5.5	Transfers to Personal Corporation or Trusts 

  

	(1)	Upon exercise of a Participant’s Option in accordance with the terms of this Plan, the Participant shall be entitled to transfer all (but not less than all) of his, her or its Shares, to a corporation or trust (the
“Entity”) which is controlled by the Participant (the “Transferring Participant”), provided that the Corporation shall first have received each of the following: 

 

	 	(a)	a statutory declaration and warranty of the Transferring Participant stating that the Transferring Participant holds effective control of the Entity; 

 

	 	(b)	a certificate of the secretary or trustee of the Entity, setting forth the names of all of the beneficial shareholders, or beneficiaries of the Entity, together with their respective beneficial ownership or interest in
the Entity; 

  

	 	(c)	an agreement executed by the Entity in favour of the Corporation and each of the Corporation’s shareholders other than the Transferring Participant (the “Remaining Shareholders”) pursuant to which the
Entity shall agree: 

  

	 	(i)	to advise the Corporation and the Remaining Shareholders promptly upon any change in its beneficial ownership or interest; and 

  

	 	(ii)	to be bound by all of the terms, covenants, conditions and agreements contained in this Plan as fully and effectively as if the Entity had originally executed an Option Agreement as the Transferring Participant; and

  

	 	(d)	an agreement executed by the Transferring Participant in favour of the Corporation and the Remaining Shareholders pursuant to which the Transferring Participant shall: 

 

	 	(i)	agree not to dispose of or transfer effective control of the Entity for so long as the Entity shall own any Shares; and 

  
 15 

	 	(ii)	guarantee the observance and performance of all of the terms and conditions contained in this Plan. 

ARTICLE 6 

RESTRICTED SHARE UNITS 
  

	Section 6.1	Grant of Restricted Share Units. 

  

	(1)	The Board may grant Restricted Share Units under the Plan to Eligible Persons subject to the terms, conditions and limitations set forth in the RSU Appendix. 

 

	(2)	The grant of a Restricted Share Unit shall be evidenced by a Restricted Share Unit Agreement. 

  

	(3)	Until the Shares subject to a Restricted Share Unit are issued, no right to vote or receive dividends or any other rights as a shareholder of the Corporation shall exist with respect to the Restricted Share Units to
acquire Shares. 

  

	(4)	The grant of a Restricted Share Unit or the settlement of a Restricted Share Unit under the Plan shall not entitle such Participant to receive any subsequently granted Restricted Share Units. 

ARTICLE 7 

[RESERVED] 

ARTICLE 8 
 GENERAL

  

	Section 8.1	Merger or Sale 

 If there is: 
  

	(1)	an amalgamation or arrangement involving a change of control, or a consolidation or merger in which the Corporation is not the surviving corporation, or a transaction that results in the acquisition of substantially all
of the Corporation’s outstanding Shares by a single person, entity or group of persons or entities acting in concert (a “combination”); 

  

	(2)	the sale or transfer of all or substantially all of the assets of the Corporation; or 

  

	(3)	a reorganization, dissolution or liquidation of the Corporation, 

 the Board, or the Board of any corporation
assuming the obligations of the Corporation, will, having regard to its fiduciary duties and the best interests of the Corporation, as to outstanding Awards either: 
  

	(4)	provide that the Awards are assumed, or rights equivalent to the Awards are substituted, by the acquiring or succeeding corporation (or an affiliate); 

  
 16 

	(5)	upon written notice to Participants, provide that all unexercised Awards (both vested and unvested) will terminate immediately prior to the consummation of the merger, consolidation, acquisition, reorganization,
liquidation, sale or transfer unless those Awards which have vested are exercised by respective Participants within a specified number of days following the date of the notice; 

 

	(6)	in case of a combination under the terms of which holders of Shares will receive cash and/or other consideration for each Share surrendered in the combination, provide for the delivery to each Participant of the cash
and/or other consideration that the Participant would have received had the Participant exercised all of the Participant’s outstanding vested Awards immediately prior to the combination (less the amount the Participant would have been required
to pay to the Corporation on that exercise, in cash and/or in a portion of any other consideration having a fair value equal to the amount), in exchange for the termination of all of the Participant’s vested and unvested Awards; or

  

	(7)	take such other actions and combinations of the foregoing actions as it deems fair and reasonable under the circumstances. 

In any case, the Board may, in its discretion, advance any waiting, vesting or instalment period and exercise date. 

 

	Section 8.2	Substitute Awards 

 The Corporation may grant Awards under the Plan in substitution for
awards held by employees or directors or consultants of another corporation who become Eligible Persons as the result of a merger or consolidation of the employing corporation with the Corporation, or as a result of the acquisition by the
Corporation of property or securities of the employing corporation. The Corporation may direct that substitute Awards be granted on terms and conditions that the Board considers appropriate in the circumstances and subject to Applicable Rules. 

 

	Section 8.3	Closing Procedures 

 If a purchase and sale of Shares is made pursuant to this Agreement,
the following will apply, subject to any express provisions to the contrary: 
  

	(1)	Payment of Purchase Price and Delivery of Certificates. Payments on account of the purchase price will be made by negotiable cheque certified by a Canadian chartered bank or trust company or official bank draft
drawn on a Canadian chartered bank or by a comparable financial authority, provided that if the Corporation is purchasing Shares and the Board determines, in its sole discretion, that payment in full would adversely affect the cash flow of the
Corporation then, the Board may elect to make payment in whole or in part by promissory note which will provide for payment within a period (determined by the Board) of no greater than 12 months after the completion of the purchase and will bear
interest at the prime rate as established from time to time by the Corporation’s principal Canadian bankers on the date of completion of the purchase. 

  
 17 

	(2)	Date and Time of Closing. If the date for completion of any transaction of purchase and sale falls on a day that is not a Business Day, the transaction will be completed on the first Business Day following that
date. Closing will take place at 11:00 a.m. on the date for completion at the then head office of the Corporation. 

  

	(3)	Title. The acceptance by the vendor of payment (including an agreement to pay) for the Shares being purchased and sold will constitute a representation and warranty by the vendor that the vendor has good and
marketable title to the Shares, free and clear of any lien, charge, pledge, encumbrance, security interest or adverse claim, except this Agreement. In addition, the vendor will deliver to the purchaser all documents, instruments and releases and do
all acts and things as the purchaser may reasonably request, whether before or after completion of the transaction, to vest title in the purchaser. 

  

	Section 8.4	Attorney and Voting Trust 

 Each Participant hereby appoints the Chief Financial Officer
of the Corporation, or, if the Chief Financial Officer is not a resident Canadian for tax purposes, such other resident Canadian (for tax purposes) officer of the Corporation as specified by the Board, (the “Trustee”) as the
Participant’s attorney with respect to Shares held by such Participant with full power of substitution, in the name of the Participant but on behalf of and at the expense of the Trustee, to execute and deliver all deeds, transfers, assignments
and assurances necessary to vote or act upon matters related to the Shares, including, without limitation, all matters set forth in Section 5.4. and including the delivery of the Shares to the Offeror in accordance with Section 5.4, and,
in respect of any Non-Voting Common Shares held by the Participant, any class vote of the holders of Non-Voting Common Shares. The appointment, being coupled with an interest, is irrevocable by the Participant and will not be revoked by the
insolvency, bankruptcy, death, incapacity, dissolution, liquidation or other termination of the existence of the Participant. The Trustee will also vote or cause to be voted all of the Participant’s Shares at all times and in accordance with
the vote of holders of a majority of Shares of the Corporation. The Participant hereby ratifies and confirms and agrees to ratify and confirm all that the Trustee may lawfully do or cause to be done by virtue of such appointment and power. The
Participant shall have no claim or cause of action against the Corporation or the Trustee, or against any third party, as a result of the Trustee so acting as its attorney. The power of attorney granted hereunder shall be automatically terminated
upon the effective date of a registration statement filed by the Corporation, or its successor in interest, with the U.S. Securities and Exchange Commission, or upon the issuance to the Corporation, or its successor in interest, of a receipt for a
final prospectus by the Ontario Securities Commission or any other corresponding securities agency. 

  
 18 

	Section 8.5	Notation on Share Certificates 

 So long as the Corporation is not a Public Company, all
Share certificates issued subsequently will have the following statement conspicuously noted on them: 
 “There are restrictions on the
right to transfer the shares represented by this certificate as set out in the BTI Systems Inc. Amended and Restated 2012 Stock Option Plan, as the same may be amended or restated from time to time, and such shares may not be pledged, sold or
otherwise transferred except in accordance with the BTI Systems Inc. Amended and Restated 2012 Stock Option Plan.” 
  

	Section 8.6	Share Certificates 

 So long as the Corporation is not a Public Company, any certificate
representing Shares purchased by a Participant upon the exercise of an Option or issued to the RSU Participant must be endorsed in blank for transfer by the Participant and will be held by the Corporation as custodian for the Participant. The
Corporation will issue to the Participant a Deposit Receipt. 
  

	Section 8.7	Beneficial Ownership 

 Notwithstanding the deposit of the Shares with the Corporation,
the Shares will continue to be beneficially owned by the Participant in respect of whom the Shares were issued. The Corporation will hold the Shares as custodian for that Participant in accordance with this Agreement, and that Participant will,
except as otherwise expressly provided in this Agreement, continue to enjoy all the rights of beneficial ownership relating to the Shares. 
  

	Section 8.8	Dividends, Changes in Shares, etc. 

 For purposes of the Options: 

 

	(1)	if the Corporation receives any certificates for securities issued by way of stock split or stock dividend upon or in exchange for any Shares held by it under this Agreement, the Corporation will hold the certificates
in accordance with the terms of this Agreement and will issue Deposit Receipts representing the certificates to the registered holders of the then outstanding Deposit Receipts entitled to those certificates; and 

 

	(2)	all cash dividends and all other monies that may become due and payable to the Participant, whether by reason of dissolution, liquidation, disposition or otherwise, will be paid directly to the Participant, according to
their respective interests as shown on the securities register of the Corporation. 

  

	Section 8.9	Capital Adjustments 

 If there is any change in the outstanding Shares by reason of a
stock dividend or split, recapitalization, consolidation, combination or exchange of shares, or other fundamental corporate change, other than the issuance of Shares by the Corporation for consideration, the Board may, subject to any prior approval
required of any applicable regulatory authority and subject to Section 8.1, make an appropriate substitution or adjustment in: 
  

	(1)	the exercise price of any unexercised Options; 

  

	(2)	the number or kind of Shares reserved for issuance pursuant to this Plan; or 

  
 19 

	(3)	the number or kind of Shares subject to unexercised Options previously granted and in the exercise price of those unexercised Options; 

provided, however, that no substitution or adjustment will obligate the Corporation to issue or sell fractional Shares. The determination of the Board, as to
any adjustment or as to there being no need for adjustment, will be final and binding on all parties. 
  

	Section 8.10	No Special Employment Rights 

 Nothing contained in the Plan or in any Award will confer
upon any Participant any right with respect to the continuation of the Participant’s employment by the Corporation or interfere in any way with the right of the Corporation at any time to terminate that employment or to increase or decrease the
compensation of the Participant. 
  

	Section 8.11	Other Employee Benefits 

 The amount of any compensation deemed to be received by a
Participant as a result of the exercise of an Option and settlement of an RSU or the sale of Shares received upon an exercise of an Award will not constitute compensation with respect to which any other employee benefits of that Participant are
determined, including, without limitation, benefits under any bonus, pension, profit-sharing, life insurance or salary continuation plan, except as otherwise specifically determined by the Board. 

 

	Section 8.12	Non-Exclusivity 

 Nothing contained in this Plan will prevent the Board from adopting
other or additional compensation arrangements for the benefit of any Eligible Person or Participant, subject to any required regulatory or shareholder approval. 
  

	Section 8.13	Authorization of Sub-Plans 

 The Board may from time to time establish one or more
sub-plans under the Plan for purposes of satisfying applicable blue sky, securities or tax laws of various jurisdictions. The Board shall establish such sub-plans by adopting supplements to this Plan containing (a) such limitations on the
Board’s discretion under the Plan as the Board deems necessary or desirable or (b) such additional terms and conditions not otherwise inconsistent with the Plan as the Board shall deem necessary or desirable. All supplements adopted by the
Board shall be deemed to be part of the Plan, but each supplement shall apply only to Participants within the affected jurisdiction and the Corporation shall not be required to provide copies of any supplement to Participants in any jurisdiction
which is not the subject of such supplement. In connection with the foregoing, the Corporation has hereby established the BTI Systems 2012 Stock Incentive Plan Sub-Plan for California Participants, included herewith as Exhibit A to the Plan. 

 

	Section 8.14	Effect of Termination 

 If this Plan is terminated, the provisions of this Plan and any
administrative guidelines and other rules adopted by the Board and in force when this Plan is terminated, will continue in effect as long as any Award, or any right pursuant to an Award, remains outstanding. However, notwithstanding the termination
of this Plan, the Board may make any amendments to this Plan, or to any outstanding Award, that it would be entitled to make if this Plan were still in effect. 

  
 20 

	Section 8.15	Compliance with Applicable Legislation and Other Requirements 

  

	(1)	The Corporation is not obligated by this Plan or any grant under it to, and will not, take any action required, permitted or otherwise contemplated by this Plan except in accordance with Applicable Rules. The Board may
postpone or adjust any exercise of any Award or the issue of any Shares pursuant to this Plan or refrain from taking any action or exercising any right required, permitted or contemplated by the Plan as the Board in its discretion may deem necessary
in order to permit the Corporation to ensure compliance of this Plan or the issuance of Shares pursuant to it with Applicable Rules. 

  

	(2)	If the Shares are listed on a stock exchange, the Corporation will have no obligation to issue any Shares pursuant to this Plan unless the Shares have been duly listed, upon official notice of issuance, on that stock
exchange. 

  

	(3)	If Applicable Rules prevent the exercise of an Option, the settlement of an RSU or the issue of a Share, the Board may, in addition to the rights referred to above, choose to address the economic value of a
Participant’s rights in whatever manner it deems to be reasonable in the circumstances, and action taken by the Corporation in consequence of that determination will be deemed to have satisfied the Corporation’s obligations as they would
otherwise have existed. 

  

	(4)	The Board shall endeavor in good faith to assure that that the terms of any Options shall be such that the Participant to whom such Options are awarded shall not be subject to the tax or interest charges imposed by
Section 409A(a)(1) of the US Tax Code. No Option shall provide for deferral of compensation that does not comply with Section 409A of the US Tax Code, unless the Board, at the time of grant or any amendment or modification, specifically
provides that the Option is not intended to comply with Section 409A of the US Tax Code. The Plan and each Option are hereby modified and limited as necessary to comply with applicable requirements of Section 409A of the US Tax Code.
Notwithstanding the foregoing, neither the Corporation nor any member of the Board shall have any liability to a Participant, or any other party, if an Option that is intended to be exempt from, or compliant with, Section 409A of the US Tax
Code is not so exempt or compliant or for any action taken by the Board. 

  

	Section 8.16	Participation in the Plan 

 The participation of any Participant in the Plan is entirely
voluntary and not obligatory, has not been induced by any expectation of future or continued employment, appointment or engagement by the Corporation or any of its subsidiaries, and shall not be interpreted as conferring upon such Participant any
rights or privileges other than those rights and privileges expressly provided in the Plan. The Plan does not provide any guarantee against any loss which may result from fluctuations in the market value of the Shares. The Corporation does not
assume responsibility for the income or other tax consequences for the Participants and they are advised to consult with their own tax advisors. 

  
 21 

	Section 8.17	Governing Law 

 This Plan shall be construed in accordance with the laws of the Province
of Ontario, without regard to the conflict of laws principles of such jurisdiction, and the federal laws of Canada applicable therein. 
  

	Section 8.18	Effective Date 

 The Plan is effective as of March 28, 2013, the date the Plan was
approved and adopted by the Board, and amended as of November 8, May 14, 2014, and January 24, 2016. 

  
 22 

 SCHEDULE “A” FORM OF OPTION AGREEMENT 

BTI SYSTEMS INC. 

AMENDED AND RESTATED 2012 OPTION PLAN AND LONG-TERM INCENTIVE PLAN 

This Option Agreement is entered into between BTI Systems Inc. (the “Corporation”) and the Optionholder named below pursuant to the BTI Systems Inc.
Amended and Restated 2012 Stock Option Plan and Long-Term Incentive Plan, as amended (the “Plan”), a copy of which is attached hereto, and confirms that: 

On                      (the
“Grant Date”); 

                     (the
“Optionholder”); 
 Was granted a non-assignable option to purchase
                     [Common Shares/Non-Voting Common Shares] (the “Shares”) of the Corporation (the
“Option”), exercisable as to 25% of the Shares subject to the Option on the first anniversary of the Grant Date and thereafter as to 1148th of the Shares subject to the option on
the last day of every month thereafter until such time as the total number of Shares subject to the Option shall have vested; 
 At a price
of $         per Share; and 
 For a term expiring at 5:00 pm on
                     
 all on the terms and
subject to the conditions set out in the Plan. By signing this agreement, the Optionholder acknowledges that he or she has read and understands the Plan and agrees and accepts all the provisions thereof, including, without limitation,
Section 5.2(Buyback of Shares in Other Circumstances) and Section 8.4 (Attorney and Voting Trust) of the Plan. 
 IN WITNESS WHEREOF the
parties have caused this Option Agreement to be executed as of             , 20    . 

 

			
	BTI SYSTEMS INC.
		
	Per:	 	  

		 	Authorized Signing Officer

 NAME OF PARTICIPANT:
                                         
                                    

SIGNATURE OF PARTICIPANT:
                                         
                                         
       
 Address:
                                         
                                

 

 SCHEDULE “B” FORM OF NOTICE OF EXERCISE 

BTI SYSTEMS INC. 
  

                          
                                   

(insert date of exercise) 
 BTI Systems Inc. 

2000-1000 Innovation Drive 
 Kanata, Ontario K2K 3E7 

Dear Sir: 
 Re: Stock Option Plan 

Please be advised that I,
                    , being the holder of an option to purchase
                     [Common Shares/Non-Voting Common Shares] (the “Shares”) of BTI Systems Inc. (the
“Corporation”) at the subscription price of $         per Share, hereby exercise my option to purchase (insert number of optioned shares to be purchased, being not less than 100
optioned shares at any one time, except where the remainder totals less than 100) of such Shares of the Corporation. 
 In connection with such
exercise, I hereby acknowledge and agree that my purchase of the Shares is voluntary and has not been induced by any expectation of future or continued employment, appointment or engagement by the Corporation or any of its Subsidiaries. 

I enclose my cheque payable to the Corporation for $         representing the full purchase price for the
Shares. Please arrange for delivery to me of a certificate representing the Shares of the Corporation registered as follows: 
 Name in
which certificate is to be registered: 
  

                       
                                         
         
  

                       
                                         
         
 full address of Participant: 

NAME OF PARTICIPANT:
                                         
                                    

SIGNATURE OF PARTICIPANT:
                                         
                                         
       

 EXHIBIT A 

BTI SYSTEMS INC. 
 2012
STOCK OPTION PLAN 
 SUB-PLAN FOR CALIFORNIA OPTIONEES 

The Board has adopted this sub-plan for purposes of satisfying the requirements of Section 25102 (of the California Corporate Securities
Law of 1968, as amended and the regulations issued thereunder by the California Commissioner of Corporations (collectively, the “California Securities Law”): 

Any grant of Options made under the Plan to a recipient who is a resident of the State of California on the date of grant (a
“California Participant”) shall be subject to the following additional limitations, terms and conditions: 
 1.1 Additional Limitations
on Options. 
 (a) Maximum Duration of Options and Plan. Subject to such shorter period of time as may be provided in the Plan or
the applicable Option Grant documents, no Option may be exercisable for a period of more than 120 months from the date the option is granted. Subject to such further restrictions as may be set forth in the Plan, Options must be granted within ten
(10) years from the date the Plan is adopted by the Board, or the date the Plan is approved by the shareholders of the Corporation, whichever is earlier 

(b) Minimum Exercise Period Following Termination. Unless a California Participant’s employment by the Corporation or any
subsidiary of the Corporation is terminated for cause, in the event of termination of employment of such California Participant, he or she shall have the right to exercise an Option to the extent that he or she was otherwise entitled to exercise
such Option on the date employment terminated, as follows: (i) at least six months from the date of termination, if termination was caused by such California Participant’s death or “permanent and total disability” (within the
meaning of Section 22(e)(3) of the Code) and (ii) at least 30 days from the date of termination, if termination was caused other than by such California Participant’s death or “permanent and total disability” (within the
meaning of Section 22(e)(3) of the Code). 
 1.2 Maximum Number of Shares. The total number of shares in the Corporation which may be issued to
California Participants under the Plan shall not exceed the number of shares determined under Section 1.5 of the Plan. 
 1.3 Adjustment to
Shares. In the event of any stock split, reverse stock split, stock dividend, recapitalization, combination, reorganization, merger, consolidation, exchange of shares, liquidation, spin-off, split-up, reclassification, or other distribution of
the issuer’s equity 

 
securities without the receipt of consideration by the issuer, proportionate adjustments shall be made as appropriate to (i) the number and class of securities available for award under the
Plan and the per-participant share limit, (ii) the number and class of securities, vesting schedule and exercise price per share subject to each outstanding Option and (iii) the number of shares allocated to an employee, director, manager
or consultant under the Plan. 
 1.4 Transferability of Right to Purchase. At no time shall an employee’s, director’s, manager’s or
consultant’s right to purchase Shares under the Plan be sold, assigned, transferred, pledged or otherwise encumbered by the person to whom such right to purchase is granted, either voluntarily or by operation of law, except by will or the laws
of descent and distribution, and during the life of the California Participant, shall be purchasable only by the California Participant. 
 1.5
Securities Law Compliance. Each Option shall be granted in accordance with Rule 701 of the Securities Act of 1933, as amended. Notwithstanding the foregoing, Options may be granted under the Plan to any California Participant in accordance
with any other registration exemption permitted under the California Securities Law or by qualification under such law, subject to such conditions as required by California law. 

1.6 Shareholder Approval. The Plan must be approved by a majority of the outstanding securities of the Corporation entitled to vote by the later of
(a) within twelve (12) months before or after the date the Plan is adopted by the Board, or (b) prior to or within twelve (12) months of the granting of any Option or the issuance of any Shares under the Plan; provided,
however, that if the Corporation is a “foreign private issuer” (as defined by Rule 3b-4 of the Securities Exchange Act of 1934, as amended), the Plan need not be so approved by shareholders as long as the aggregate number of persons
resident in the State of California granted Options under all Corporation option plans and agreements and issued securities under all Company purchase and bonus plans and agreements does not exceed 35 (taking into account the number of persons
resident in California that are granted options or issued securities pursuant to Section 1.5 above) 
 1.7 Effective Date. This sub-plan became
effective on September 21, 2012. 

 BTI SYSTEMS INC. 

AMENDED AND RESTATED 2012 STOCK OPTION PLAN 

AND LONG-TERM INCENTIVE PLAN 

RSU APPENDIX 
 This RSU Appendix to the
BTI Systems Inc. Amended and Restated 2012 Stock Option Plan and Long-Term Incentive Plan shall apply to Participants who are receiving an Award of Restricted Shares Units under the Plan. Capitalized terms contained herein shall have the same
meanings given to them in the Plan, unless otherwise provided by this RSU Appendix. 
 Notwithstanding any provisions contained in the Plan to the contrary,
the following terms shall apply to all Awards of Restricted Share Units. 
 1. Definitions. As used herein, the following
definitions shall apply: 
 (a) “Administrator” means: (i) prior to the closing (if any) of the transaction
contemplated by the Arrangement Agreement (the “Closing”), the Board of Directors of BTI Systems Inc., and (ii) on and after the Closing, the Compensation Committee of the Board of Directors of the Company (or its delegate).
The Administrator will have all the authority necessary or advisable for administering the Plan, including this RSU Appendix. The Administrator reserves the authority to delegate its administrative duties to the maximum extent allowable under
Applicable Laws. 
 (b) “Applicable Laws” means the requirements relating to the administration of equity incentive
plans, the grant of Awards and the related issuance of Shares under U.S. state corporate laws, U.S. federal and state securities laws, Canadian corporate and securities laws, the Code, any stock exchange or quotation system on which the
Shares are listed or quoted and under the laws, rules and regulations of any foreign country or jurisdiction where Awards are, or will be, granted under the Plan or where Participants may reside and/or work, as such requirements shall be in place
from time to time. 
 (c) “Arrangement Agreement” means that certain Arrangement Agreement between the Corporation, 2498885
ONTARIO INC. and certain other parties dated on or about January 9, 2016. 
 (d) “Award” means a grant of Restricted
Share Units. 
 (e) “Award Agreement” means the written or electronic agreement, in such form as the Administrator
prescribes from time to time, setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan and this RSU Appendix. 

  
 -1- 

 (f) “Change in Control” means the occurrence of any of the following events:

 (i) A change in the ownership of the Company which occurs on the date that any one person, or more than one person acting as a
group (“Person”), acquires ownership of the stock of the Company that, together with the stock held by such Person, constitutes more than fifty percent (50%) of the total voting power of the stock of the Company; provided,
however, that for purposes of this subsection, the acquisition of additional stock by any Person, who is considered to own more than fifty percent (50%) of the total voting power of the stock of the Company will not be considered a Change
in Control; or 
 (ii) A change in the effective control of the Company which occurs on the date that a majority of members of the Board is
replaced during any twelve (12) month period by Directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election; or 

(iii) A change in the ownership of a substantial portion of the Company’s assets which occurs on the date that any Person acquires (or
has acquired during the twelve (12) month period ending on the date of the most recent acquisition by such person or persons) assets from the Company that have a total gross fair market value equal to or more than fifty percent
(50%) of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions; provided, however, that for purposes of this subsection (iii), the following will not constitute a change in
the ownership of a substantial portion of the Company’s assets: (A) a transfer to an entity that is controlled by the Company’s stockholders immediately after the transfer (provided that such entity is controlled in
substantially the same proportions by the Company’s stockholders who held the Company’s securities immediately before such transfer), or (B) a transfer of assets by the Company to: (1) a stockholder of the Company
(immediately before the asset transfer) in exchange for the Company’s stock (provided that the value of the Company’s stock exchanged for such assets shall be substantially equal to or greater than the value of such assets,
as determined by the Board), (2) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company, (3) a Person, that owns, directly or indirectly, fifty percent
(50%) or more of the total value or voting power of all the outstanding stock of the Company, or (4) an entity, at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person
described in this subsection (iii)(B)(3). For purposes of this subsection (iii), gross fair market value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities
associated with such assets. 
 For purposes of this definition, persons will be considered to be acting as a group if they are owners of a
corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the Company. 

Notwithstanding the foregoing, a transaction will not be deemed a Change in Control unless the transaction qualifies as a change in control
event within the meaning of Code Section 409A, as it has been and may be amended from time to time, and any proposed or final Treasury Regulations and Internal Revenue Service guidance that has been promulgated or may be promulgated thereunder
from time to time. 

  
 -2- 

 Further and for the avoidance of doubt, a transaction will not constitute a Change in Control
if: (i) its sole purpose is to change the state of the Company’s incorporation, or (ii) its sole purpose is to create a holding company that will be owned in substantially the same proportions by the persons who held the
Company’s securities immediately before such transaction. 
 (g) “Code” means the U.S. Internal Revenue Code of 1986,
as amended. 
 (h) “Company” means (i) prior to the Closing, BTI Systems Inc. and (ii) on and after the Closing,
Juniper Networks, Inc., a Delaware corporation, or any successor thereto. 
 (i) “Company Group” means the Company, any
Parent or Subsidiary, and any entity that, from time to time and at the time of any determination, directly or indirectly, is in control of, is controlled by or is under common control with the Company. 

(j) “Consultant” means any natural person engaged by the Company Group to render services and who is compensated for such
services, but who is neither an Employee nor a Director. 
 (k) “Director” means a member of the Board of Directors of the
Company. 
 (l) “Disability” means total and permanent disability as defined in Section 22(e)(3) of the Code,
provided that the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time to time. 

(m) “Employee” means any person, including Directors, employed by the Company or any member of the Company Group. Neither
service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company. 

(n) “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder. 
 (o) “Fair Market Value” means (i) prior to the Closing, the Fair Value and (ii) on and after the
Closing, the closing sales price of a Share on the date of determination (or the mean of the closing bid and asked prices for a Share if no sales were reported) as reported by the New York Stock Exchange or such other source as the Administrator
deems to be reliable. Notwithstanding the foregoing, if the determination date for the Fair Market Value occurs on a weekend, holiday or other non-Trading Day, the Fair Market Value will be the price as determined above on the immediately preceding
Trading Day, unless otherwise determined by the Administrator. In addition, fair market value will be determined by the Administrator in a manner compliant with Applicable Laws and applied consistently for such purpose. The determination of fair
market value for purposes of tax withholding may be made in the Administrator’s sole discretion subject to Applicable Laws and is not required to be consistent with the determination of Fair Market Value for other purposes. 

  
 -3- 

 (p) “Parent” means a “parent corporation”, whether here or hereafter
existing, as defined in Section 424(e) of the Code. 
 (q) “Participant” means a Service Provider who has been granted
an Award of Restricted Share Units. 
 (r) “Plan” means the BTI Systems Inc. Amended and Restated 2012 Stock Option and
Long-Term Incentive Plan, including this RSU Appendix. 
 (s) “Service Provider” means an Employee, Consultant or Director.

 (t) “Subsidiary” means a “subsidiary corporation”, whether now or hereafter existing, as defined in
Section 424(f) of the Code. 
 (u) “Tax Obligations” means tax and social insurance liability obligations and
requirements in connection with the Awards, including, without limitation, (A) all federal, provincial, state, and local taxes (including the Participant’s Federal Insurance Contributions Act (FICA) obligation or other payroll taxes) that
are required to be withheld by an entity in the Company Group, (B) any fringe benefit tax liability the responsibility for which the Participant has, or has agreed to bear, with respect to such Award or the Shares subject to the Award, and
(C) any other taxes of an entity in the Company Group the responsibility for which the Participant has, or has agreed to bear, with respect to such Award or the Shares subject to the Award). 

(v) “Trading Day” means a day on which the applicable stock exchange or national market system is open for trading. 

2. Restricted Share Units. 

(a) Grant. Restricted Share Units may be granted at any time and from time to time as determined by the Administrator. After the
Administrator determines that it will grant Restricted Share Units under the Plan, it shall advise the Participant in writing or electronically of the terms, conditions, and restrictions related to the grant, including the number of Restricted Share
Units and the form of payout, which, subject to Section 2(a) hereof, may be left to the discretion of the Administrator. Until the Shares are issued, no right to vote or receive dividends or any other rights as a stockholder shall exist
with respect to the Restricted Share Units to acquire Shares. 
 (b) Vesting Criteria and Other Terms. The
Administrator shall set vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Share Units that will be paid out to the Participant. The Administrator may set vesting
criteria based upon the achievement of Company-wide, business unit, or individual goals (including, but not limited to, continued employment), or any other basis determined by the Administrator in its discretion. 

(c) Earning Restricted Share Units. Upon meeting the applicable vesting criteria, the Participant shall be entitled to receive a
payout as specified in the Award Agreement. Notwithstanding the foregoing, at any time after the grant of Restricted Share Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a
payout. 

  
 -4- 

 (d) Form and Timing of Payment. Payment of earned Restricted Share Units shall be
made as soon as practicable after the date(s) set forth in the Award Agreement. The Administrator, in its sole discretion, but only as specified in the Award Agreement, may pay earned Restricted Share Units in cash, Shares, or a combination thereof.
If the Award Agreement is silent as to the form of payment, payment of the Restricted Share Units may only be in Shares. 
 (e)
Cancellation. On the date set forth in the Award Agreement, all unearned Restricted Share Units shall be forfeited to the Company. 

3. Leaves of Absence/Transfer Between Locations/Change of Status. Awards will be subject to the Company’s leave of absence policy
adopted by the Administrator. A Participant will not cease to be a Service Provider in the case of (i) transfers between locations of the Company or other members of the Company Group, or (ii) a change in status from Employee to Consultant
or vice versa. 
 4. Part-Time Service. Unless otherwise required by Applicable Laws, if as a condition to being permitted to
work on a less than full-time basis, the Participant agrees that any service-based vesting of Awards granted hereunder shall be extended on a proportionate basis in connection with such transition to a less than a full-time basis, vesting shall be
adjusted in accordance with such agreement. Such vesting shall be proportionately re-adjusted prospectively in the event that the Employee subsequently becomes regularly scheduled to work additional hours of service. 

5. Non-Transferability of Awards. Except as determined otherwise by the Administrator in its sole discretion, Awards may not be
sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Participant, only by the Participant (or the
Participant’s guardian or legal representative). 
 6. Tax Provisions. 

(a) Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof) or such earlier
time as any Tax Obligations are due, the Company and/or any entity in the Company Group will have the power and the right to deduct or withhold, or require a Participant to remit to the Company and/or the appropriate entity in the Company Group, an
amount sufficient to satisfy all Tax Obligations. 
 (b) Withholding Arrangements. The Administrator, in its sole discretion and
pursuant to such procedures as it may specify from time to time, may designate the method or methods by which a Participant may satisfy such Tax Obligations. As determined by the Administrator in its discretion from time to time, these methods may
include one or more of the following (A) paying cash, (B) having the Company withhold otherwise deliverable cash or Shares having a fair market value equal to the Tax Obligations, (C) delivering to the Company already-owned Shares
having a fair market value equal to the Tax Obligations, (d) selling a sufficient number of Shares otherwise deliverable to the Participant through such means as the 

  
 -5- 

 
Administrator may determine in its sole discretion (whether through a broker or otherwise) equal to the Tax Obligations, (e) retaining from salary or other amounts payable to the Participant
cash having a sufficient value to satisfy the Tax Obligations, or (f) any other means which the Administrator, in its sole discretion, determines to both comply with Applicable Laws, and to be consistent with the purposes of the Plan. The
amount of Tax Obligations will be deemed to include any amount that the Administrator agrees may be withheld at the time the election is made. 

(c) Compliance with Section 409A. Awards will be designed and operated in such a manner that they are either exempt from the
application of, or comply with, the requirements of Section 409A such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Section 409A, except as otherwise determined in
the sole discretion of the Administrator. Each payment or benefit under this Plan and under each Award Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. The Plan, each
Award and each Award Agreement under the Plan is intended to be exempt from or otherwise meet the requirements of Section 409A and will be construed and interpreted, including but not limited with respect to ambiguities and/or ambiguous terms,
in accordance with such intent, except as otherwise specifically determined in the sole discretion of the Administrator. To the extent that an Award or payment, or the settlement or deferral thereof, is subject to Section 409A the Award will be
granted, paid, settled or deferred in a manner that will meet the requirements of Section 409A, such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Section 409A. 

7. Adjustments; Dissolution or Liquidation; Merger or Change in Control. Notwithstanding anything in the Plan to the contrary, this
Section 8 shall apply to all grants of Restricted Share Units. 
 (a) Changes in Capitalization. Subject to any required
action by the stockholders of the Company, the number of shares covered by each outstanding Award shall be proportionately adjusted for any increase or decrease in the number of issued shares resulting from a stock split, reverse stock
split, stock dividend, combination or reclassification of the shares, or any other increase or decrease in the number of issued shares effected without receipt of consideration by the Company; provided, however, that conversion of any convertible
securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Except as
expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price
of Shares subject to an Award. Except as otherwise expressly provided herein or pursuant to an Award Agreement, no adjustment of any Award shall be made for cash dividends or other rights for which the record date occurs
prior to the date issuance of any Shares subject to such Award. 
 (b) Dissolution or Liquidation. In the event of the
proposed dissolution or liquidation of the Company, the Administrator shall notify each Participant as soon as practicable prior to the effective date of such proposed transaction. The Administrator may provide that any Company forfeiture rights
applicable to any Award shall lapse 100%, and that 

  
 -6- 

 
any Award vesting shall accelerate 100%, provided the proposed dissolution or liquidation takes place at the time and in the manner contemplated. To the extent it has not been previously vested,
an Award will terminate immediately prior to the consummation of such proposed action. 
 (c) Change in Control. Section 8.1 of
the Plan shall not apply to grants of Restricted Share Units and instead this Section 7(c) will apply to Restricted Share Units. In the event of a merger, amalgamation or arrangement involving a change of control of the Company with or into
another corporation or entity or a Change in Control, each outstanding Award shall be assumed or an equivalent Award substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor
corporation refuses to assume or substitute for the Awards, the Participant shall fully vest in such Awards which would not otherwise be vested. For purposes of this paragraph, an Award shall be considered assumed if, following the merger or Change
in Control, the award confers the right to purchase or receive, for each Share subject to the Award immediately prior to the transaction, the consideration (whether stock, cash, or other securities or property) received in the transaction by holders
of the Company’s common stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares);
provided, however, that if such consideration received in the merger or Change in Control is not solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the
consideration to be received, for each Share and each unit/right to acquire a Share subject to the Award to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by
holders of the Company’s common stock in the merger or Change in Control. 
 8. No Effect on Employment or Service. Neither the
Plan nor any Award will confer upon a Participant any right with respect to continuing the Participant’s relationship as a Service Provider, nor will they interfere in any way with the Participant’s right or the employing entity’s
right to terminate such relationship at any time, with or without cause. A Participant’s rights, if any, in respect of or in connection with any Award are derived solely from the discretionary decision of the Company to permit
the Participant to participate in the Plan and to benefit from a discretionary Award. By accepting an Award hereunder, a Participant expressly acknowledges and agrees that there is no obligation on the part of the Company to
continue the Plan and/or grant any additional Awards. Any Award granted hereunder is not intended to be compensation of a continuing or recurring nature, or part of a Participant’s normal or expected compensation, and in no way represents any
portion of a Participant’s salary, compensation, or other remuneration for purposes of pension, benefits, severance, redundancy, resignation or any other purpose. 

9. Conditions Upon Issuance of Shares. 

(a) Legal Compliance. The granting of Awards and the issuance and delivery of Shares under the Plan shall be subject to all Applicable
Laws, and to such approvals by any governmental agencies or national securities exchanges as may be required. Shares will not be issued pursuant to the exercise or vesting of an Award unless the exercise or vesting of such Award and the issuance and
delivery of such Shares will comply with Applicable Laws, and may be further subject to the approval of counsel for the Company with respect to such compliance. 

  
 -7- 

 (b) Investment Representations. As a condition to the payout of an Award, the Company may
require the person receiving the Shares upon vesting, to render to the Company a written statement containing such representations and warranties as, in the opinion of counsel for the Company, may be required to ensure compliance with any of the
aforementioned relevant provisions of law, including a representation that the Shares are being acquired only for investment and without any present intention to sell or distribute such Shares, if, in the opinion of counsel for the Company, such a
representation is required. 
 10. Miscellaneous. 

(a) Severability. If a court of competent jurisdiction holds any provision invalid and unenforceable, the remaining provisions of the
Plan shall continue in effect. 
 (b) Construction. Captions and titles contained herein are for convenience only and shall not
affect the meaning or interpretation of any provision of the Plan. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular. Use of the term “or” is not intended to be
exclusive, unless the context clearly requires otherwise. 
 (c) Clawback. An Award granted under the Plan will be subject to any
provisions of Applicable Laws providing for the recoupment or clawback of incentive compensation; the terms of any Company recoupment, clawback or similar policy in effect at the time of grant of the Award; and any recoupment,
clawback or similar provisions that may be included in the applicable Award Agreement. 
 (d) Fractional Shares. The Company shall
not be required to issue fractional shares upon the exercise or settlement of any Award. 

  
 -8-

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