Document:

Form of Restricted Stock Unit Award Agreement

 Exhibit 10.1 
  

 
 Restricted Stock Unit Award Agreement 

Grant Date: [            ] 

Your restricted stock unit award is subject to all the terms and provisions of the Knowles Corporation 2014 Equity and Cash Incentive Plan (“Plan”),
which terms and provisions are expressly incorporated into and made a part of the award as if set forth in full herein. A copy of the Plan can be found on the Merrill Lynch stock plan administration website. 

In addition, your award is subject to the following: 
  

	 	1.	Restricted Stock Units are a bookkeeping entry on the books of Knowles. No shares of Knowles common stock shall be issued to you in respect of the Restricted Stock Unit award until the restrictions have lapsed. In the
event that your employment shall terminate other than for death or disability prior to your vesting in the Restricted Stock Units, the Restricted Stock Units shall be forfeited. Within 30 days following the end of the Restricted Period, Knowles
shall issue shares of Common Stock in your name equal to the number of Restricted Stock Units that have vested during the Restricted Period, less applicable tax withholding. 

 

	 	2.	You shall vest in the Restricted Stock Unit Award, and all restrictions thereon shall lapse, per the dates on your Award Statement. You must be an active employee of Knowles or an affiliate at the end of the Restricted
Period in order for your Restricted Shares to vest, with certain exceptions as provided in the Plan. 

  

	 	3.	During the Restricted Period you shall not have any rights of a stockholder or the right to receive any dividends declared and other distributions paid with respect to the Restricted Stock Units. Within 30 days after
the end of the Restricted Period, you shall be paid all Dividend Equivalents with respect to the Restricted Stock Units that have vested. 

  

	 	4.	You do not have any voting rights with respect to Restricted Stock Units. 

  

	 	5.	As a condition of receiving your Restricted Stock Unit award, you agree to be bound by the terms and conditions of the Knowles Corporation Anti-hedging and Anti-pledging Policy, and any Clawback Policy to be adopted by
Knowles, as such policies may be in effect from time to time. The Anti-hedging and Anti-pledging Policy prohibits hedging or pledging any Knowles equity securities held by you or certain designees, whether such Knowles securities are, or have
been, acquired under the Plan, another compensation plan sponsored by Knowles, or otherwise. Please review the Anti-hedging and Anti-pledging Policy to make sure that you are in compliance. You may obtain a copy of the current version of the
Anti-hedging, Anti-pledging, and any Clawback Policy to be adopted by Knowles, on the Merrill Lynch stock plan administration website. 

  

	 	6.	For Non-US Employees, your Restricted Stock Unit award is subject to the conditions of the attached Addendum for Non-US Employees. 

  

	 	7.	Your award is not transferable by you other than by will or the laws of descent and distribution and in accordance with the applicable terms and conditions of the Plan. 

 

	 	8.	Knowles reserves the right to amend, modify, or terminate the Plan at any time in its discretion without notice. 

  

	 	9.	You must accept this award by logging onto the Merrill Lynch stock plan administration website.Form of Stock Option Award Agreement

 Exhibit 10.2 
  

 
 Stock Option Award Agreement 

Grant Date: [            ] 

Your Stock Option award is subject to all the terms and provisions of the Knowles Corporation 2014 Equity and Cash Incentive Plan (“Plan”), which
terms and provisions are expressly incorporated into and made a part of the award as if set forth in full herein. A copy of the Plan can be found on the Merrill Lynch stock plan administration website. 

In addition, your Stock Option is subject to the following: 
  

	 	1.	Your Stock Option is subject to earlier termination as provided in the Plan, for example, upon termination of employment prior to the expiration date. 

 

	 	2.	It is your responsibility to keep track of your Stock Option grants and to ensure that you exercise your Stock Options before they expire. Knowles is not responsible for reminding or notifying you that your Stock
Option is nearing its expiration date. 

  

	 	3.	You shall vest in the Stock Option, and the Stock Option shall become exercisable, per the dates on your Award Statement. You must be an active employee of Knowles or an affiliate on a vesting date in order for your
Stock Options to vest, with certain exceptions as provided in the Plan. 

  

	 	4.	You may exercise your options using any of the methods set forth in the plan, including cashless exercise procedures whereby Merrill Lynch will advance the cash needed to exercise the Stock Option and you instruct
Merrill Lynch to sell all or a portion of the shares acquired upon exercise of the option, and Merrill Lynch will pay you the proceeds of the sale, less the exercise price, taxes, commissions. You must first establish an account with Merrill Lynch
to use the cashless exercise procedure. 

  

	 	5.	As a condition of receiving your Stock Option award, you agree to be bound by the terms and conditions of the Knowles Corporation Anti-hedging and Anti-pledging Policy and by any Clawback Policy to be adopted by
Knowles, as such policies may be in effect from time to time. The Anti-hedging and Anti-pledging Policy prohibits hedging or pledging any Knowles equity securities held by you or certain designees, whether such Knowles securities are, or have
been, acquired under the Plan, another compensation plan sponsored by Knowles, or otherwise. Please review the Anti-hedging and Anti-pledging Policy to make sure that you are in compliance. You may obtain a copy of the current version of the
Anti-hedging and Anti-pledging Policy, and any Clawback Policy to be adopted by Knowles, on the Merrill Lynch stock plan administration website. 

  

	 	6.	For Non-US Employees, your Stock Option award is subject to the terms and conditions of the attached Addendum for Non-US Employees. 

  

	 	7.	Your Stock Option is not transferrable by you other than by will or the laws of descent and distribution and in accordance with the applicable terms and conditions of the Plan. 

 

	 	8.	Knowles reserves the right to amend, modify, or terminate the Plan at any time in its discretion without notice. 

  

	 	9.	You must accept this award by logging onto the Merrill Lynch stock plan administration website.Form of Replacement SSAR Agreement

 Exhibit 10.3 
  

 
 Replacement SSAR Agreement 

Grant Date: [            ] 

In connection with the spin-off of Knowles Corporation from Dover Corporation, this Replacement Stock Settled Appreciation Right (“SSAR”) Award is
granted to you under the Knowles Corporation 2014 Equity and Cash Incentive Plan (“Plan”) in substitution for the SSAR awards made to you under the Dover Corporation Equity and Cash Incentive Plans. Your SSAR award is subject to all the
terms and provisions of the Plan, which terms and provisions are expressly incorporated into and made a part of the award as if set forth in full herein. A copy of the Plan can be found on the Merrill Lynch stock plan administration website. 

In addition, your SSAR is subject to the following: 
  

	 	1.	Your SSAR is subject to earlier termination as provided in the Plan, for example, upon termination of employment prior to the expiration date. 

 

	 	2.	It is your responsibility to keep track of your SSAR awards and to ensure that you exercise your SSARs before they expire. Knowles is not responsible for reminding or notifying you that your SSARs are nearing its
expiration date. 

  

	 	3.	You shall vest in the SSARs, and the SSARs shall become exercisable, per the dates on your Award Statement. You must be an active employee of Knowles or an affiliate on a vesting date in order for your SSARs to vest,
with certain exceptions as provided in the Plan. 

  

	 	4.	Upon exercise of your SSARs, you will be entitled to receive from Dover that number of whole shares of Knowles Common Stock equal in value, on the date of exercise of the SSARs, to the excess of (A) the value of a
share of Knowles Common Stock on the date of exercise of the SSARs multiplied by the number of SSARs being exercised over (B) the sum of (i) the per share base price of the SSARs being exercised multiplied by the number of SSARs being
exercised, plus (ii) unless you elect to pay such tax in cash, any amount of tax that must be withheld in connection with such exercise. Fractional shares shall be disregarded. 

 

	 	5.	As a condition of receiving your SSAR award, you agree to be bound by the terms and conditions of the Knowles Corporation Anti-hedging and Anti-pledging Policy and by any Clawback Policy to be adopted by Knowles, as
such policies may be in effect from time to time. The Anti-hedging and Anti-pledging Policy prohibits hedging or pledging any Knowles equity securities held by you or certain designees, whether such Knowles securities are, or have been,
acquired under the Plan, another compensation plan sponsored by Knowles, or otherwise. Please review the Anti-hedging and Anti-pledging Policy to make sure that you are in compliance. You may obtain a copy of the current version of the Anti-hedging
and Anti-pledging Policy, and any Clawback Policy to be adopted by Knowles, on the Merrill Lynch stock plan administration website. 

  

	 	6.	For Non-US Employees, your SSAR award is subject to the terms and conditions of the attached Addendum for Non-US Employees. 

  

	 	7.	Your SSARs are not transferrable by you other than by will or the laws of descent and distribution and in accordance with the applicable terms and conditions of the Plan. 

 

	 	8.	Knowles reserves the right to amend, modify, or terminate the Plan at any time in its discretion without notice. 

  

	 	9.	You must accept this award by logging onto the Merrill Lynch stock plan administration website.

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