Document:

EX-10.2

 Exhibit 10.2 

FIRST AMENDMENT TO LEASE 

This First Amendment to Lease (“First Amendment”) is executed as of the
15th day of October, 2019, by and between 128 Spring Street Lexington, LLC, as landlord (“Landlord”) and Cyteir Therapeutics, Inc., as tenant (“Tenant”). 

B A C K G R O U N D: 

A.    Reference is made to a certain Lease between Landlord and Tenant dated August 8, 2018 (the
“Lease”), pursuant to which Tenant is currently leasing from Landlord approximately 7,442 rentable square feet of space (the “Original Premises”) on portions of the 500 Level of Building A located at 99 Hayden
Avenue, Lexington, Massachusetts. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Lease. 

B.    Landlord and Tenant are the current holders, respectively, of the lessor’s and lessee’s interests in the
Lease. 
 C.    Landlord and Tenant desire to amend the Lease in certain respects as provided herein. 

A G R E E M E N T S: 
 NOW,
THEREFORE, in consideration of the agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree, and amend the Lease, as follows: 

1.    Premises. The Original Premises is located on the 500 Level of Building A. As of the
Expansion Commencement Date (defined below), (i) approximately 7,194 rentable square feet on the 400 Level of Building A as more particularly shown on the attached Exhibit A (the “Expansion Premises”), shall be added to and
incorporated into the Original Premises, subject to the terms of this First Amendment (the Original Premises and the Expansion Premises being collectively referred to as the “Premises”),(ii) the Premises shall consist of a total of
approximately 14,636 rentable square feet, and (iii) Tenant’s Pro Rata Share shall be increased to 7.79% (subject to Section 4.06 of the Lease); provided, however, that while the Permitted Uses for the Original Premises shall
remain as set forth in the Lease, the Permitted Uses with respect to the Expansion Premises shall be limited to general office, research and laboratory use(s) (including research and development, but not as a vivarium or for the testing of animals)
to the extent permitted by applicable zoning ordinances. 
 Except as specifically set forth in this First Amendment, from and after the
Expansion Commencement Date, the Expansion Premises shall be deemed part of the Premises for all purposes, including, but not limited to, the Term set forth in Section 3.01 of the Lease and the Right to Extend set forth in Section 3.03 of
the Lease. 

 2.    Delivery. Tenant shall accept the Expansion Premises as of
the date the Initial Expansion Improvements are Substantially Complete (the “Expansion Premises Commencement Date”) which shall include (a) the roof and all Core Building Systems relating thereto (i) in good working
condition and (ii) suitable for laboratory use, (b) the HVAC (but not any Tenant’s HYAC Unit) in good working condition, (c) and otherwise in “as-is” condition. Tenant
acknowledges that except as expressly set forth herein, neither Landlord nor any person acting under Landlord has made any representation a.5 to the condition of the Property or the suitability of the Property for Tenant’s intended use. By
occupying the Expansion Premises, Tenant shall be deemed to have accepted the Expansion Premises in their condition as of the date of such occupancy and Landlord shall be deemed to have completed all of its obligations under this Section 2.

 3.    Initial Tenant Improvements for Expansion Premises. 

 

	 	a.	 Tenant shall promptly provide Landlord with all necessary information regarding Tenant’s space planning
needs for the Bxpansio11 Premises for Landlord’s approval, such approval shall be subject to the standard set forth in Lease Section 10.05(a) (the “Initial Expansion Improvements”), which improvements shall be based upon
and limited to the preliminary scope plan attached hereto as Exhibit B. Following Landlord’s approval of the final scope of Initial Expansion Improvements, Landlord shall cause space plans and specifications (“Expansion Plans and
Specifications”) therefore to be prepared, a copy of which shall be delivered to Tenant The Initial Expansion Improvements shall not include Tenant’s furniture, trade fixtures, equipment and personal property and are limited to the fit-up construction as generally laid out and specified on the Expansion Plans and Specifications. Tenant acknowledges that the Initial Expansion Improvements, except as expressly provided in the Expansion Plans and
Specifications, will be substantially designed and constructed to the general quality of the design and construction of the Building and in accordance with Landlord’s building standards for the Building. 

 

	 	b.	 Tenant agrees that Landlord shall have no obligation to make any material changes to the Plans and
Specifications requested by Tenant, provided, however, to the extent Landlord agrees to any changes whether material or immaterial, Tenant agrees that any additional actual cost to Landlord, in excess of the Expansion Allowance resulting from
such approved changes shall be the responsibility of Tenant and shall be paid in full by Tenant to Landlord within ten (10) business days of billing therefor by Landlord; and Tenant agrees that if any such changes do result in delay in
Substantial Completion, same shall be deemed a Tenant Delay. 

  
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	 	c.	 Landlord shall proceed, using reasonable efforts, to obtain all necessary permits and approvals for the
construction of the Initial Expansion Improvements, to engage a contractor or construction manager to perform or supervise the construction and to proceed to construct the Initial Expansion Improvements in substantial conformance with the Expansion
Plans and Specifications. Landlord reserves the right to make changes and substitutions to the Expansion Plans and Specifications in connection with the construction of the Initial Expansion Improvements, provided same do not materially adversely
modify the Expansion Plans and Specifications or the schedule or delivery of the Initial Expansion Improvements. In no event shall Landlord be liable to Tenant for any failure to Substantially Complete the Initial Expansion Improvements on any
specified date, nor shall such failure give rise to any default or other remedies under this Lease or at law or equity; provided, however, in the event the Expansion Completion Date (as defined in subsection (d), below) has not occurred on or
before May 1, 2020 (as such date shall be extended due to Tenant Delay or Force Majeure), then Tenant shall have the right to void this First Amendment by giving notice to Landlord of Tenant’s desire to do so by May 8, 2020; and, upon
the giving of such notice, the Term of this Lease shall, unless the Expansion Completion Date occurs within thirty (30) days after Landlord’s receipt of such notice, this First Amendment shall be void and of no further force or effect as
of the date that is thirty (30) days after Landlord’s receipt of such notice from Tenant, and neither party sha11 have any further liability or obligation on the part of either party with respect thereto. 

 

	 	d.	 The Initial Expansion Improvements shall be deemed “Substantially Complete” on the date (the
“Expansion Completion Date”) Tenant receives notice from Landlord that Landlord bas received a certificate of occupancy (temporary or permanent) or a fully- signed off building permit for the Expansion Premises issued by the Town of
Lexington (the “Certificate of Occupancy”). Notwithstanding the foregoing, if any delay in the Substantial Completion of the Initial Expansion Improvements by Landlord is due to Tenant Delays, then the Expansion Completion Date
shall be deemed to be the date (as set forth in a written notice from Landlord to Tenant) the Initial Expansion Improvements would have been Substantially Complete, if not for such Tenant Delays, as reasonably determined by Landlord. “Tenant
Delays” shall have the same meaning as set forth in the Lease, but substituting (i) “Expansion Plans and Specifications” for “Plans and Specifications” and (ii) “Initial Expansion Improvements” for “Initial
Tenant Improvements” If as a result of Tenant Delays the Initial Expansion Improvements are deemed Substantially Complete pursuant to the foregoing, but the Expansion Premises are not in fact actually ready for Tenant’s occupancy, Tenant
shall not be entitled to take possession of the Expansion Premises for until the Expansion Premises are in fact actually ready for such occupancy. 

  

	 	e.	 Within seven (7) business days after the Expansion Completion Date, Landlord and Tenant shall confer and
create a specific list of any defects or incomplete remaining items of work with respect to the Initial Expansion Improvements (a “Punchlist”), Landlord shall complete such Punchlist items with reasonable diligence and Landlord
shall have access to the Expansion Premises for such purposes. Except with respect to the items contained in the Punchlist, as of the Expansion Completion Date Tenant shall be deemed satisfied with the Initial Expansion Improvements, Landlord shall
be deemed to have completed all of its obligations under this Section 3, and Tenant shall have no claim that Landlord has failed to perform in full its obligations hereunder. 

  
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	 	f.	 Landlord shall pay the costs and expenses incurred by Landlord in connection with the performance and
completion of the Initial Expansion Improvements in an amount not to exceed $323,730.00 (based on $4S.00 multiplied by 7,194 rentable square feet of the Expansion Premises) (the “Expansion Allowance”)and this shall be
Landlord’s maximum contribution to the cost of constructing and installing the Initial Expansion Improvements. Landlord may include within the Expansion Allowance all reasonable, costs and expenses incurred by or on behalf of Landlord in
connection with the Initial Expansion Improvements including without limitation, all design, review, permitting, bid preparation and bid review, construction, materials and supplies, and including a construction or project management fee payable to
Landlord of three percent (3%) of the costs of the Initial Expansion Improvements. Landlord shall have no separate or additional obligation to pay Tenant the Improvement Allowance. Tenant shall be responsible for and promptly (but in no event longer
than ten (10) days after request therefor) pay directly or pay to Landlord for, as appropriate, and indemnify and reimburse Landlord from and against, any actual costs of the Initial Expansion Improvements that are in excess of the Expansion
Allowance including, without limitation, such costs over and above the Expansion Allowance necessary to complete the Initial Expansion Improvements as set forth in the Expansion Plans and Specifications, costs resulting from the Tenant’s
upgrades from building standard construction materials or Tenant’s upgrades or changes to the Initial Expansion Improvements or any plans or specifications relating thereto. Landlord shall have the same rights and remedies which Landlord has
upon the nonpayment of Base Rent and other charges due under this Lease for nonpayment of any amounts which Tenant is required to pay to Landlord or Landlord’s contractor in connection with the Initial Expansion Improvements or in connection
with any construction in the Expansion Premises performed for Tenant by Landlord, Landlord’s contractor or any other person, firm or entity. Except for the Initial Expansion Improvements and any repairs expressly required to be made by Landlord
under this Lease. Landlord shall have no obligation to perform any work or construction to make the Expansion Premises fit for use and occupation or for Tenant’s particular purpose or to make them acceptable to Tenant. 

  
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	 	g.	 In addition to the Expansion Allowance, upon the full use of the Expansion Allowance as provided herein,
Landlord will make available to Tenant an additional allowance in an amount not to exceed $107.910.00 (based on $15.00 multiplied by 7,194 rentable square feet of the Expansion Premises) (the “Additional Expansion Allowance”),
subject to repayment with interest as provided herein. The Additional Expansion Allowance shall be utilized for the same purposes of the Expansion Allowance and paid (and repaid) as provided below pursuant to the terms and conditions hereof.
Notwithstanding anything to the contrary set forth in this Lease, all amounts disbursed or advanced under the Additional Expansion Allowance shall (together with interest as set forth below) be repaid to Landlord as Additional Rent on the following
terms and conditions follows: 

  

	 	i.	 Interest on the principal balance of the Additional Expansion Allowance from time to time outstanding shall
accrue from the Expansion Premises Commencement Date at the rate of eight percent (8%) per year. Interest shall be calculated on the basis of a 360-day year times the actual number of days elapsed.

  

	 	ii.	 Until the first (1st) day of the month following the month in which the Expansion Premises Commencement Date
shall have occurred (the “Expansion Allowance Conversion Date”), interest only on the principal balance of the Additional Expansion Allowance shall be payable monthly in arrears on the first (1st) day of each month.

  

	 	iii.	 From and after the Expansion Allowance Conversion Date. principal and interest on the principal balance of the
Additional Expansion Allowance shall be payable, as Additional Rent, in arrears on the first (1st) day of each month in equal monthly installments and in a manner such that the entire principal and interest shall be paid by no later than the last
day of the Initial Tenn. 

  

	 	iv.	 Tenant may prepay the outstanding balance of the Additional Expansion Allowance, in whole or in part, and any
accrued interest thereon; at any time, without premium or penalty. 

  

	 	h.	 All components of the Initial Expansion Improvements shall be part of the Building. except only for such items
as Landlord shall designate in writing to be removed by Tenant on the termination of this Lease, which notice shall be delivered to Tenant simultaneously with the approval of the Expansion Plans and Specifications. 

 

	 	i.	 This First Amendment is subject to Landlord obtaining all permits, licenses and approvals necessary to allow
Landlord to construct the Initial Expansion Improvements and obtain a Certificate of Occupancy with respect thereto; and if despite Landlord’s commercially reasonable efforts Landlord shall be unable to obtain such permits, license or approvals
on or before the six (6) month anniversary of this First Amendment, or Certificate of Occupancy on or before June 15, 2020, and is therefore unable to commence or complete the Initial Expansion Improvements, then this First Amendment may
be rendered void and of no further force or effect by Landlord or Tenant by written notice to the other,. and neither party shall have any further liability or obligation on the part of either party with respect thereto. 

  
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 4.    Base Rent. Tenant shall continue to pay Base Rent for the
Premises to Landlord in the manner and at the times set forth in Section 4.01 of the Lease, in advance, without demand, notice, deduction or set off, (i) with respect to the Original Premises at the rates set forth in Article 1 of the
Lease and (ii) with respect to the Expansion Premises, commencing on the earlier to occur of (a) the date on which Tenant commences business operations in all or any portion of the Expansion Premises or (b) the Expansion Completion
Date (the “Expansion Premises Rent Commencement Date”), at the following rates: 
  

													
	 Period
	  	Annual
RSF	 	  	Annual Base
Rent	 	  	Monthly
Installment	 
	 Expansion Premises Rent Commencement Date- end of the first Expansion Lease Year
	  	$	46.00	 	  	$	330,924.00	 	  	$	27,577.00	 
	 Expansion Lease Year 2
	  	$	47.38	 	  	$	340,851.72	 	  	$	28,404.31	 
	 Expansion Lease Year 3
	  	$	48.80	 	  	$	351,067.20	 	  	$	29,255.60	 
	 Expansion Lease Year 4
	  	$	50.26	 	  	$	361,570.44	 	  	$	30,130.87	 
	 Expansion Lease Year 5 (if applicable)
	  	$	51.77	 	  	$	372,433.38	 	  	$	31,036.12	 

 For purposes of this Section 4, the term “Expansion Lease Year” shall refer to a period of consecutive
12 months, the first commencing on the Expansion Premises Rent Commencement Date and each successive 12 month period during the Term (except for the last Expansion Lease Year, which shall end on the expiration date of the Term). 

Base Rent for the Extension TeI111, if exercised, shall be as provided in Section 3.03(b) of the Lease as to both the Original Premises and the Expansion
Premises. 
 5.    Additional Rent. Tenant shall continue to pay Additional Rent, including, without limitation,
Tenant’s Pro Rata Share of Taxes, Utilities, Insurance premiums, and Operating Expenses; provided, however, that from and after the Expansion Commencement Date, Tenant’s Pro Rata Share shall be as set forth in Section 1 of this First
Amendment. 

  
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 6.    Security Deposit. On or before the Expansion Commencement
Date, Tenant shall increase the Letter of Credit Amount from $143,258.50 to $255,317.10 by providing Landlord with either (i) a substitute letter of credit in the increased amount in exchange for the existing letter(s) of credit which Landlord
is then holding or (ii) an amendment to the existing letter(s) of credit then held by Landlord, in either case in form and substance reasonably acceptable to Landlord and which is accepted by Landlord in writing. The reduction schedule set
forth in Article 15 of the Lease is hereby deleted in its entirety and replaced with the following: 
  

					
	 Reduction Date
	  	New Reduced Letter of Credit Amount	 
	November 1, 2020	  	$	204,253.68	 
	November 1, 2021	  	$	153,190.26	 

 Except as expressly set forth in this First Amendment, such letter(s) of credit shall be subject to Article 15 of the Lease.

 7.    Right of First Offer. From and after the Expansion Premises Commencement Date, the term
“Additional Space” as defined in Section 2.02 of the Lease shall be expanded to include contiguous spaces in Buildings A and Bas shown on the four (4) plans comprising Exhibit C, attached hereto (the “New
Additional Spaces”). Tenant understands that its rights under Section 2.02 of the Lease as to the New Additional Spaces are and shall be subject and subordinate to any options to lease or any rights of first negotiation, first offer or
first refusal to lease granted to other tenants of the Building prior to the date of execution and delivery of this First Amendment.  

8.    Signage. Landlord, at Landlord’s cost (which costs may be included in Operating Expenses), shall provide
Tenant with identification on existing multi-tenant signs or directories in Building A and on other existing common area signage, as appropriate. Such signs will be consistent with standard Building signage and will conform to local regulations.

 9.    Roof Rights. Tenant shall have the same license and rights and obligations with respect to the roof of
Building A to benefit the Expansion Premises as are set forth in Section 2.02 of the Lease. 

10.    Successors: Conflicts. This First Amendment shall be binding upon the parties and their respective
successors and assigns. To the extent the terms and conditions of the Lease expressly conflict with or are expressly inconsistent with this First Amendment, the terms and conditions of this First Amendment shall control. 

11.    Parking. Tenant shall continue to have the appurtenant right to unreserved parking spaces, as more
particularly described in Section 2.0l(d) of the Lease, calculated at the ratio of 2.5 parking spaces per 1,000 per rentable square feet of the Premises (as expanded by this First Amendment). 

12.    Loading Dock. Tenant shall continue to have the appurtenant right to use the loading dock, as set forth in
Section 2.0I(b) of the Lease. 
 13.    Brokers. Tenant represents and warrants to Landlord
that it has not directly or indirectly dealt, with respect to this First Amendment, with any broker or had its attention called to the Expansion Premises or other space to let at the Property, etc. by anyone other than Newmark Knight Frank. Tenant
agrees to defend, exonerate and save harmless and indemnify Landlord and anyone claiming by, through or under Landlord against any claims for a commission arising out of the execution and delivery of this First Amendment or out of negotiations
between Landlord and Tenant with respect to the leasing of other space at the Property. Landlord is responsible for paying all commissions to Newmark Knight Frank pursuant to separate agreement(s) therewith. 

  
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 14.    Miscellaneous. Except as expressly modified herein, the
Lease shall remain unmodified and in full force and effect. The provisions of this First Amendment shall be binding upon and shall inure to the benefit of Landlord and Tenant and their respective legal representatives, successors and assigns. Any
signature delivered by a party by facsimile or electronic transmission shall be deemed to be an original signature to this First Amendment. 

15.    Counterparts and Electronic Execution. This First Amendment may be executed in counterparts and shall
constitute an agreement binding on all parties notwithstanding that all parties are not signatories to the original or the same counterpart provided that all parties are furnished a copy or copies thereof reflecting the signature of all parties.
Transmission of a facsimile or by email of a Portable Document Format (PDF) (or similar electronic counterpart including DocuSign) copy of the signed counterpart of this First Amendment shall be deemed the equivalent of the delivery of the original,
and any party so delivering a facsimile or PDF (or similar electronic counterpart) copy of the signed counterpart of this First Amendment by email transmission shall in all events deliver to the other party an original signature promptly upon
request. In addition. this First Amendment, any other document necessary for the consummation of the transaction contemplated by this First Amendment may be accepted, executed or agreed to through the use of DocuSign or other means of electronic
signature acceptable to Landlord and in accordance with the Electronic Signatures in Global and National Commerce Act (“ E-Sign Act” ), Title 15, United States Code, Sections 7001 et seq., the
Uniform Electronic Transaction Act(“ UETA”) and any applicable state law. Any document accepted, executed or agreed to in conformity with such laws will be binding on each party as if it were physically executed. The exchange of
executed copies of this First Amendment or any subsequent amendment or modification hereof by facsimile, DocuSign or PDF (or other electronic means) transmission shall constitute effective execution and delivery of this First Amendment or such
amendment or modification. as applicable, as to the parties for all purposes. 
 [Signature Page to Follow]     

  
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 IN WITNESS WHEREOF the parties hereto have executed this First Amendment to Lease in
multiple copies, each to be considered an original hereof, as a sealed instrument on the date first written above     
  

											
	LANDLORD:	  	TENANT:	  	
			
	128 Spring Street Lexington, LLC	  	Cyteir Therapeutics, Inc.	  	
						
	By:	  	 /s/ Stephen N. Faber
	  		  	By:	  	 /s/ Markus Renschler
	  	
	Name: Stephen N. Faber	  	Name: Markus Renschler, MD	  	
	Title: Authorized Signatory	  	Title: President & CEO, Cyteir Therapeutics Inc.	  	
		  	Hereunto Duly Authorized	  	

 Exhibit A 

PLAN SHOWING THE EXPANSION PREMISES 
 This
plan is to show the location of the Expansion Premises only and may not depict the current condition of the Expansion Premises. Any furniture shown hereon is for illustrative purposes only and shall not be included with delivery of the Expansion
Premises. 
  
 

 

 Exhibit C 

PRELIMINARY SCOPE PLAN 
  

 

 Exhibit C 

ADDITIONAL SPACES 
  

 

 

 

  
 -13-Document

EXHIBIT 4.4

THE AMENDED AND RESTATED EQUITY PARTICIPATION PLAN
OF
OIL STATES INTERNATIONAL, INC.
Effective May 11, 2021
OIL STATES INTERNATIONAL, INC., a Delaware corporation (the “Company”), hereby adopts the Amended and Restated Equity Participation Plan of Oil States International, Inc. (the “Plan”), effective as of May 11, 2021 (the “Effective Date”), for the benefit of its eligible employees, consultants and directors. The Plan was originally adopted as The 2018 Equity Participation Plan of Oil States International, Inc. (the “Original Plan”), effective May 8, 2018 (the “Original Effective Date”). The Plan is being amended and restated as of the Effective Date to increase the number of shares available for issuance pursuant to the Plan by an additional Four Million Five Hundred Thousand (4,500,000) shares.
The purposes of the Plan are as follows:
(1)    To provide an additional incentive for Directors, Employees and consultants to further the growth, development and financial success of the Company by personally benefiting through the ownership of Common Stock and/or rights which recognize such growth, development and financial success.
(2)    To enable the Company to obtain and retain the services of Directors, Employees and consultants considered essential to the long range success of the Company by offering them an opportunity to own stock in the Company and/or rights which will reflect the growth, development and financial success of the Company.
ARTICLE I
DEFINITIONS
1.1    General.  Wherever the following terms are used in this Plan they shall have the meaning specified below, unless the context clearly indicates otherwise.
1.2    Affiliate.  “Affiliate” shall mean any entity that, directly or through one or more intermediaries, is controlled by the Company or controls the Company as determined by the Committee.
1.3    Award Limit.  “Award Limit” shall mean 400,000 shares of Common Stock.
1.4    Board.  “Board” shall mean the Board of Directors of the Company.
1.5    Change of Control.  “Change of Control” shall mean any of the following:
(a)    any “person” (as such term is used in Section 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), (other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any affiliate or any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company), acquires “beneficial ownership” (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company representing 35% or more of the combined voting power of the Company’s then outstanding securities; provided, however, that if the Company engages in a merger or consolidation in which the Company or surviving entity in such merger or consolidation becomes a subsidiary of another entity, then references to the Company’s then outstanding securities shall be deemed to refer to the outstanding securities of such parent entity;
(b)    a change in the composition of the Board, as a result of which fewer than a majority of the directors are Incumbent Directors. “Incumbent Directors” shall mean directors who either (i) are directors of the Company as of the Effective Date, or (ii) are elected, or nominated for election, to the Board with the affirmative votes of at least two-thirds of the Incumbent Directors at the time of such election or nomination, but Incumbent Director shall not include an individual whose election or nomination occurs as a result of either (1) an actual or threatened election contest (as such terms are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or (2) an actual or threatened solicitation of proxies or consents by or on behalf of a person other than the Board;
(c)    the consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity (or if the surviving entity is or shall become a subsidiary of another entity, then such parent entity)) more 

than 50% of the combined voting power of the voting securities of the Company (or such surviving entity or parent entity, as the case may be) outstanding immediately after such merger or consolidation;
(d)    the stockholders of the Company approve a plan of complete liquidation of the Company; or
(e)    the sale or disposition (other than a pledge or similar encumbrance) by the Company of all or substantially all of the assets of the Company other than to a subsidiary or subsidiaries of the Company.
1.6    Code.  “Code” shall mean the Internal Revenue Code of 1986, as amended.
1.7    Committee.  “Committee” shall mean the Board or a subcommittee of the Board appointed as provided in Section 8.1.
1.8    Common Stock.  “Common Stock” shall mean the common stock of the Company, par value $0.01 per share.
1.9    Company.  “Company” shall mean Oil States International, Inc., a Delaware corporation.
1.10    Deferred Stock.  “Deferred Stock” shall mean Common Stock awarded under Article VII of this Plan.
1.11    Director.  “Director” shall mean a member of the Board who is not an Employee.
1.12    Dividend Equivalent.  “Dividend Equivalent” shall mean a right to receive the equivalent value (in cash or Common Stock) of dividends paid on Common Stock, awarded under Article VII of this Plan. Dividend Equivalents shall not be permitted on Options under this Plan.
1.13    Effective Date.  “Effective Date” shall mean May 11, 2021.
1.14    Employee.  “Employee” shall mean any officer or other employee (as defined in accordance with Section 3401(c) of the Code) of the Company or of any Affiliate or Subsidiary.
1.15    Exchange Act.  “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.
1.16    Fair Market Value.  “Fair Market Value” of a share of Common Stock as of a given date shall mean (i) the closing price of a share of Common Stock on the principal exchange on which shares of Common Stock are then trading, if any (as reported in any reporting service approved by the Committee), on the trading day previous to such date, or if shares were not traded on the trading day previous to such date, then on the next preceding date on which a trade occurred, or (ii) if Common Stock is not traded on an exchange but is quoted on Nasdaq or a successor quotation system, the mean between the closing representative bid and asked prices for the Common Stock on the trading day previous to such date as reported by Nasdaq or such successor quotation system; or (iii) if Common Stock is not publicly traded on an exchange and not quoted on Nasdaq or a successor quotation system, the Fair Market Value of a share of Common Stock as established by the Committee acting in good faith. Notwithstanding the foregoing, the Fair Market Value of a share of Common Stock on the date of an initial public offering of Common Stock shall be the offering price under such initial public offering.
1.17    Grantee.  “Grantee” shall mean an Employee, Director or consultant granted a Performance Award, Dividend Equivalent, or Stock Payment, or an award of Deferred Stock, under this Plan.
1.18    Non-Qualified Stock Option.  “Non-Qualified Stock Option” shall mean an Option which is not designated as an Incentive Stock Option by the Committee.
1.19    Option.  “Option” shall mean a stock option granted under Article III of this Plan. An Option granted under this Plan shall, as determined by the Committee, be either a Non-Qualified Stock Option or an Incentive Stock Option; provided, however, that Options granted to Employees, Directors and consultants employed by an Affiliate that is not a Subsidiary shall be Non-Qualified Stock Options.
1.20    Optionee.  “Optionee” shall mean an Employee, Director or consultant granted an Option under this Plan.
1.21    Original Effective Date.  “Original Effective Date” shall mean May 8, 2018.
1.22    Original Plan.  “Original Plan” shall mean The 2018 Equity Participation Plan of Oil States International, Inc.
2

1.23    Performance Award.  “Performance Award” shall mean a performance or incentive award, other than an Option, Restricted Stock, Deferred Stock or Stock Payments, that is paid in cash, Common Stock or a combination of both, awarded under Article VII of this Plan.
1.24    Performance Objectives.  “Performance Objectives” shall mean the objectives, if any, established by the Committee that are to be achieved with respect to an award granted under this Plan, which may be described in terms of Company-wide objectives, in terms of objectives that are related to performance of a division, subsidiary, department or function within the Company or an Affiliate in which the participant receiving the award is employed, or otherwise or in individual or other terms, and which will relate to the period of time determined by the Committee. Which objectives to use with respect to an award, the weighting of the objectives if more than one is used, and whether the objective is to be measured against a Company-established budget or target, an index, a peer group of companies or other standards, shall be determined by the Committee in its discretion. A Performance Objective need not be based on an increase or a positive result and may include, for example, maintaining the status quo or limiting economic losses.
1.25    Plan.  “Plan” shall mean The Amended and Restated Equity Participation Plan of Oil States International, Inc.
1.26    Prior Plan.  “Prior Plan” shall mean The 2001 Equity Participation Plan of Oil States International, Inc.
1.27    QDRO.  “QDRO” shall mean a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act of 1974, as amended, or the rules thereunder.
1.28    Restricted Stock.  “Restricted Stock” shall mean Common Stock awarded under Article VI of this Plan.
1.29    Restricted Stockholder.  “Restricted Stockholder” shall mean an Employee, Director or consultant granted an award of Restricted Stock under Article VI of this Plan. 
1.30    Rule 16b-3.  “Rule 16b-3” shall mean that certain Rule 16b-3 under the Exchange Act, as such Rule may be amended from time to time.
1.31    Stock Payment.  “Stock Payment” shall mean (i) a payment in the form of shares of Common Stock, or (ii) an option or other right to purchase shares of Common Stock, as part of a deferred compensation arrangement, made in lieu of all or any portion of the compensation, including without limitation, salary, bonuses and commissions, that would otherwise become payable to an Employee, Director or consultant in cash, awarded under Article VII of this Plan.
1.32    Subsidiary.  “Subsidiary” shall mean any corporation in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain then owns stock possessing 50 percent or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.
ARTICLE II
SHARES SUBJECT TO PLAN
2.1    Shares Subject to Plan.
(a)    The shares of stock subject to Options, awards of Restricted Stock, Performance Awards, Dividend Equivalents, awards of Deferred Stock, or Stock Payments shall be Common Stock. The aggregate number of such shares which may be issued upon exercise of such options or rights or upon any such awards under the Plan shall, subject to the requirements of Section 9.4, not exceed 7,847,616. This number of shares of Common Stock consists of the following (i) Four Million Five Hundred Thousand (4,500,000) newly reserved shares of Common Stock in connection with the amendment and restatement of the Plan; (ii) Two Million (2,000,000) shares of Common Stock that were originally reserved in connection with the adoption of the Original Plan; and (iii) 1,347,616 shares of Common Stock that remained available under the Prior Plan immediately prior to the Original Effective Date and were carried over to become available for issuance pursuant to the Original Plan, including shares of Common Stock subject to outstanding awards under the Prior Plan as of the Original Effective Date that were not vested and/or subsequently expired or forfeited and cancelled, for any reason. Notwithstanding the foregoing, all outstanding awards under the Prior Plan as of the Original Effective Date shall remain subject to the terms of the Prior Plan. The shares of Common Stock issuable upon exercise of such options or rights or upon any such awards may be either previously authorized but unissued shares or treasury shares.
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(b)    The maximum number of shares which may be subject to Options, Restricted Stock or Deferred Stock granted under the Plan to any individual in any calendar year shall not exceed the Award Limit. The maximum value of Performance Awards granted under the Plan to any individual in any calendar year shall not exceed $4.0 million.
2.2    Add-back Restricted Stock Performance Awards, Dividend Equivalents, Awards of Deferred Stock or Stock Payments.  If any Restricted Stock Performance Awards, Dividend Equivalents, Awards of Deferred Stock or Stock Payments, or other right to acquire shares of Common Stock under any other award under this Plan, expires or is forfeited and canceled without having been fully vested, the number of shares subject to such Restricted Stock Performance Awards, Dividend Equivalents, Awards of Deferred Stock or Stock Payments or other right but as to which such Restricted Stock Performance Awards, Dividend Equivalents, Awards of Deferred Stock or Stock Payments or other right was not vested prior to its expiration or cancellation may again be optioned, granted or awarded hereunder, subject to the limitations of Section 2.1. Notwithstanding the foregoing, shares of Common Stock subject to an award under this Plan shall not again be made available for issuance as awards under this Plan if such shares are (a) tendered in payment for an award, (b) delivered or withheld for payment of taxes, or (c) not issued or delivered as a result of a net settlement process.
ARTICLE III
GRANTING OF OPTIONS
3.1    Eligibility.  Any Employee, Director or consultant selected by the Committee pursuant to Section 3.4(a)(i) shall be eligible to be granted an Option.
3.2    Disqualification for Stock Ownership.  No person may be granted an Incentive Stock Option under this Plan if such person, at the time the Incentive Stock Option is granted, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any then existing Subsidiary unless (a) at the time such Option is granted, the Option price is at least 110% of the Fair Market Value of the Common Stock subject to the Option and (b) such Option by its terms is not exercisable after the expiration of five years from date of grant.
3.3    Qualification of Incentive Stock Options.  No Incentive Stock Option shall be granted unless such Option, when granted, qualifies as an “incentive stock option” under Section 422 of the Code. No Incentive Stock Option shall be granted to any person who is not an employee of the Company or a Subsidiary.
3.4    Granting of Options
(a)    The Committee shall from time to time, in its absolute discretion, and subject to applicable limitations of this Plan:
(i)    Select from among the Employees, Directors or consultants (including Employees, Directors or consultants who have previously received Options or other awards under this Plan) such of them as in its opinion should be granted Options;
(ii)    Subject to the Award Limit, determine the number of shares to be subject to such Options granted to the selected Employees, Directors or consultants;
(iii)    Determine whether such Options are to be Incentive Stock Options or Non-Qualified Stock Options; and
(iv)    Determine the terms and conditions of such Options, consistent with this Plan.
(b)    Upon the selection of an Employee, Director or consultant to be granted an Option, the Committee shall instruct the Secretary of the Company to issue the Option and may impose such conditions on the grant of the Option as it deems appropriate.
(c)    Any Incentive Stock Option granted under this Plan may be modified by the Committee to disqualify such option from treatment as an “incentive stock option” under Section 422 of the Code.
ARTICLE IV
TERMS OF OPTIONS
4.1    Option Agreement.  Each Option shall be evidenced by a Stock Option Agreement, which shall be executed by the Optionee and an authorized officer of the Company and which shall contain such terms and conditions as the Committee shall determine, consistent with this Plan.
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4.2    Option Price.  The price per share of the shares subject to each Option shall be set by the Committee; provided, however, that, except as provided in Section 8.1 with respect to assumed options, such price shall not be less than 100% of the Fair Market Value of a share of Common Stock on the date the Option is granted.
4.3    Option Term.  The term of an Option shall be set by the Committee in its discretion; provided, however, that in the case of Incentive Stock Options, the term shall not be more than ten (10) years from the date the Incentive Stock Option is granted.
4.4    Option Vesting.
(a)    The period during which the right to exercise an Option in whole or in part vests in the Optionee shall be set by the Committee and the Committee may determine that an Option may not be exercised in whole or in part for a specified period after it is granted. At any time after grant of an Option, the Committee may, in its sole and absolute discretion and subject to whatever terms and conditions it selects, accelerate the period during which an Option vests.
(b)    To the extent that the aggregate Fair Market Value of stock with respect to which “incentive stock options” (within the meaning of Section 422 of the Code, but without regard to Section 422(d) of the Code) are exercisable for the first time by an Optionee during any calendar year (under the Plan and all other incentive stock option plans of the Company and any parent or Subsidiary) exceeds $100,000, such Options shall be treated as Non-Qualified Options to the extent required by Section 422 of the Code. The rule set forth in the preceding sentence shall be applied by taking Options into account in the order in which they were granted. For purposes of this Section 4.4(b), the Fair Market Value of stock shall be determined as of the time the Option with respect to such stock is granted.
4.5    Restrictions on Repricing of Options.  Except as provided in Section 9.3, the Committee may not, without approval of the Company’s stockholders, amend any outstanding Stock Option Agreement to lower the Option price of an underwater Option or cancel an outstanding underwater Option in exchange for cash, another award or an Option having a lower price.
ARTICLE V
EXERCISE OF OPTIONS
5.1    Partial Exercise.  An exercisable Option may be exercised in whole or in part; however, an Option shall not be exercisable with respect to fractional shares and the Committee may require that, by the terms of the Option, a partial exercise be with respect to a minimum number of shares.
5.2    Manner of Exercise.  All or a portion of an exercisable Option shall be deemed exercised upon delivery of all of the following to the Secretary of the Company or his office:
(a)    A written notice complying with the applicable rules established by the Committee stating that the Option, or a portion thereof, is exercised. The notice shall be signed by the Optionee or other person then entitled to exercise the Option or such portion;
(b)    Such representations and documents as the Committee, in its absolute discretion, deems necessary or advisable to effect compliance with all applicable provisions of the Securities Act of 1933, as amended, and any other federal or state securities laws or regulations. The Committee or Board may, in its absolute discretion, also take whatever additional actions it deems appropriate to effect such compliance including, without limitation, placing legends on share certificates and issuing stop-transfer notices to agents and registrars;
(c)    In the event that the Option shall be exercised pursuant to Section 9.1 by any person or persons other than the Optionee, appropriate proof of the right of such person or persons to exercise the Option; and
(d)    Full cash payment to the Secretary of the Company for the shares with respect to which the Option, or portion thereof, is exercised. However, the Committee may in its discretion or provide in the grant agreement (i) that payment may be made, in whole or in part, through the delivery of shares of Common Stock owned by the Optionee, duly endorsed for transfer to the Company, with a Fair Market Value on the date of delivery not in excess of the aggregate exercise price of the Option or exercised portion thereof and subject to such other limitations as the Committee may impose thereon, (ii) allow payment, in whole or in part, through the surrender of shares of Common Stock then issuable upon exercise of the Option having a Fair Market Value on the date of Option exercise equal to the aggregate exercise price of the Option or exercised portion thereof, (iii) allow payment, in whole or in part, through the delivery of property of any kind which constitutes good and valuable consideration; (iv) allow payment through a cashless-broker 
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procedure approved by the Company, or (v) allow payment through any combination of the consideration provided above.
5.3    Conditions to Issuance of Stock Certificates.  The Company shall not be required to issue or deliver any certificate or certificates for shares of stock purchased upon the exercise of any Option or portion thereof prior to fulfillment of all of the following conditions:
(a)    The admission of such shares to listing on all stock exchanges on which such class of stock is then listed;
(b)    The completion of any registration or other qualification of such shares under any state or federal law, or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body which the Committee shall, in its absolute discretion, deem necessary or advisable;
(c)    The obtaining of any approval or other clearance from any state or federal governmental agency which the Committee shall, in its absolute discretion, determine to be necessary or advisable;
(d)    The lapse of such reasonable period of time following the exercise of the Option as the Committee may establish from time to time for reasons of administrative convenience; and
(e)    The receipt by the Company of full payment for such shares, including payment of any applicable withholding tax.
5.4    Rights as Stockholders.  The holders of Options shall not be, nor have any of the rights or privileges of, stockholders of the Company in respect of any shares purchasable upon the exercise of any part of an Option unless and until certificates representing such shares have been issued by the Company to such holders.
5.5    Ownership and Transfer Restrictions.  The Committee, in its absolute discretion, may impose such restrictions on the ownership and transferability of the shares purchasable upon the exercise of an Option as it deems appropriate. Any such restriction shall be set forth in the respective Stock Option Agreement and may be referred to on the certificates evidencing such shares. The Committee may require the Optionee to give the Company prompt notice of any disposition of shares of Common Stock acquired by exercise of an Incentive Stock Option within (i) two years from the date of granting such Option to such Optionee or (ii) one year after the transfer of such shares to such Optionee. The Committee may direct that the certificates evidencing shares acquired by exercise of an Option refer to such requirement to give prompt notice of disposition.
ARTICLE VI
AWARD OF RESTRICTED STOCK
6.1    Award of Restricted Stock
(a)    The Committee shall from time to time, in its absolute discretion:
(i)    Select from among the Employees, Directors or consultants (including Employees, Directors or consultants who have previously received other awards under this Plan) such of them as in its opinion should be awarded Restricted Stock; and
(ii)    Determine the terms and conditions applicable to such Restricted Stock, consistent with this Plan, which may include the achievement of Performance Objectives.
(b)    Upon the selection of an Employee, Director or consultant to be awarded Restricted Stock, the Committee shall instruct the Secretary of the Company to issue such Restricted Stock and may impose such conditions on the issuance of such Restricted Stock as it deems appropriate.
6.2    Restricted Stock Agreement.  Restricted Stock shall be issued only pursuant to a Restricted Stock Agreement, which shall be executed by the selected Employee, Director or consultant and an authorized officer of the Company and which shall contain such terms and conditions as the Committee shall determine, consistent with this Plan.
6.3    Rights as Stockholders.  Upon delivery of the shares of Restricted Stock to the escrow holder, the Restricted Stockholder shall have, unless otherwise provided by the Committee, all the rights of a stockholder with respect to said shares, subject to the restrictions in a Restricted Stock Agreement, including the right to receive all dividends and other distributions paid 
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or made with respect to the shares; provided, however, that in the discretion of the Committee, any extraordinary distributions with respect to the Common Stock shall be subject to the restrictions set forth in Section 6.4.
6.4    Restriction.  All shares of Restricted Stock issued under this Plan (including any shares received by holders thereof with respect to shares of Restricted Stock as a result of stock dividends, stock splits or any other form of recapitalization) shall, in the terms of each individual Restricted Stock Agreement, be subject to such restrictions as the Committee shall provide, which restrictions may include, without limitation, restrictions concerning voting rights and transferability and restrictions based on duration of employment with the Company, Company performance and individual performance; provided, however, that, by action taken after the Restricted Stock is issued, the Committee may, on such terms and conditions as it may determine to be appropriate, remove any or all of the restrictions imposed by the terms of the Restricted Stock Agreement. Restricted Stock may not be sold or encumbered until all restrictions are terminated or expire.
6.5    Escrow.  The Secretary of the Company or such other escrow holder as the Committee may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under the Restricted Stock Agreement with respect to the shares evidenced by such certificate expire or shall have been removed.
6.6    Legend.  In order to enforce the restrictions imposed upon shares of Restricted Stock hereunder, the Committee shall cause a legend or legends to be placed on certificates representing all shares of Restricted Stock that are still subject to restrictions under Restricted Stock Agreements, which legend or legends shall make appropriate reference to the conditions imposed thereby.
ARTICLE VII
PERFORMANCE AWARDS, DIVIDEND EQUIVALENTS, 
DEFERRED STOCK, STOCK PAYMENTS
7.1    Performance Awards.  Any Employee, Director or consultant selected by the Committee may be granted one or more Performance Awards. The value of such Performance Awards may be linked to the achievement of such specific Performance Objectives determined appropriate by the Committee over any period or periods determined by the Committee. In making such determinations, the Committee shall consider (among such other factors as it deems relevant in light of the specific type of award) the contributions, responsibilities and other compensation of the particular Employee, Director or consultant.
7.2    Dividend Equivalents.  Any Employee, Director or consultant selected by the Committee may be granted Dividend Equivalents based on the dividends declared on Common Stock, to be credited as of dividend payment dates, during the period between the date, Deferred Stock or a Performance Award is granted, and the date such Deferred Stock or Performance Award vests or expires, as determined by the Committee. Such Dividend Equivalents shall be converted to cash or additional shares of Common Stock by such formula and at such time and subject to such limitations as may be determined by the Committee. Dividend Equivalents shall not be paid out prior to the time the underlying Deferred Stock or Performance Award vests.
7.3    Stock Payments.  Any Employee, Director or consultant selected by the Committee may receive Stock Payments in the manner determined from time to time by the Committee. The number of shares shall be determined by the Committee and may be based upon the Fair Market Value, book value, net profits or other measure of the value of Common Stock or other specific performance criteria determined appropriate by the Committee, determined on the date such Stock Payment is made or on any date thereafter.
7.4    Deferred Stock.  Any Employee, Director or consultant selected by the Committee may be granted an award of Deferred Stock in the manner determined from time to time by the Committee. The number of shares of Deferred Stock shall be determined by the Committee and may be linked to the achievement of such specific Performance Objectives determined to be appropriate by the Committee over any period or periods determined by the Committee. Common Stock underlying a Deferred Stock award will not be issued until the Deferred Stock award has vested, pursuant to a vesting schedule or Performance Objectives set by the Committee, as the case may be. Unless otherwise provided by the Committee, a Grantee of Deferred Stock shall have no rights as a Company stockholder with respect to such Deferred Stock until such time as the award has vested and the Common Stock underlying the award has been issued.
7.5    Performance Award Agreement, Dividend Equivalent Agreement, Deferred Stock Agreement, Stock Payment Agreement.  Each Performance Award, Dividend Equivalent, award of Deferred Stock and/or Stock Payment shall be evidenced by an agreement, which shall be executed by the Grantee and an authorized Officer of the Company and which shall contain such terms and conditions as the Committee shall determine, consistent with this Plan.
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7.6    Term.  The term of a Performance Award, Dividend Equivalent, award of Deferred Stock and/or Stock Payment shall be set by the Committee in its discretion.
7.7    Payment Upon Termination of Employment.  A Performance Award, Dividend Equivalent, award of Deferred Stock and/or Stock Payment is payable only while the Grantee is an Employee, Director or consultant; provided that the Committee may determine that the Performance Award, Dividend Equivalent, award of Deferred Stock and/or Stock Payment may be paid subsequent to termination of employment or termination of directorship or consultancy without cause, or following a Change of Control of the Company, or because of the Grantee’s retirement, death or disability, or otherwise.
7.8    Payment.  Payment of the amount determined under Section 7.1 or 7.2 above shall be in cash, in Common Stock or a combination of both, as determined by the Committee. To the extent any payment under this Article VII is effected in Common Stock, it shall be made subject to satisfaction of all provisions of Section 5.3.
ARTICLE VIII
ADMINISTRATION
8.1    Committee.  The Committee members shall be appointed by and hold office at the pleasure of the Board. Appointment of Committee members shall be effective upon acceptance of appointment. Committee members may resign at any time by delivering written notice to the Board. Vacancies in the Committee may be filled by the Board.
8.2    Duties and Powers of Committee.  It shall be the duty of the Committee to conduct the general administration of this Plan in accordance with its provisions. The Committee shall have the power to interpret this Plan and the agreements pursuant to which Options, awards of Restricted Stock or Deferred Stock, Performance Awards, Dividend Equivalents or Stock Payments are granted or awarded, and to adopt such rules for the administration, interpretation, and application of this Plan as are consistent therewith and to interpret, amend or revoke any such rules. Any such grant or award under this Plan need not be the same with respect to each Optionee, Grantee or Restricted Stockholder. Any such interpretations and rules with respect to Incentive Stock Options shall be consistent with the provisions of Section 422 of the Code. In its absolute discretion, the Board may at any time and from time to time exercise any and all rights and duties of the Committee under this Plan except with respect to matters which under Rule 16b-3 or any regulations or rules issued thereunder, are required to be determined in the sole discretion of the Committee.
8.3    Majority Rule; Unanimous Written Consent.  The Committee shall act by a majority of its members in attendance at a meeting at which a quorum is present or by a memorandum or other written instrument signed by all members of the Committee.
8.4    Compensation; Professional Assistance, Good Faith Actions.  Members of the Committee shall receive such compensation for their services as members as may be determined by the Board. All expenses and liabilities which members of the Committee incur in connection with the administration of this Plan shall be borne by the Company. The Committee may employ attorneys, consultants, accountants, appraisers, brokers, or other persons. The Committee, the Company and the Company’s officers and Directors shall be entitled to rely upon the advice, opinions or valuations of any such persons. All actions taken and all interpretations and determinations made by the Committee or the Board in good faith shall be final and binding upon all Optionees, Grantees, Restricted Stockholders, the Company and all other interested persons. No members of the Committee or Board shall be personally liable for any action, determination or interpretation made in good faith with respect to this Plan, Options, awards of Restricted Stock or Deferred Stock, Performance Awards, Dividend Equivalents or Stock Payments, and all members of the Committee and the Board shall be fully protected by the Company in respect of any such action, determination or interpretation.
8.5    Delegation of Authority by the Committee.  Notwithstanding the preceding provisions of this Article VIII or any other provision of the Plan to the contrary, subject to the constraints of applicable law, the Committee may from time to time, in its sole discretion, delegate to the Chief Executive Officer of the Company the right to grant Awards under the Plan, insofar as such power to grant Awards relates to any person who is not then subject to Section 16 of the Exchange Act (including any successor section to the same or similar effect). Any such delegation may be effective only so long as the Chief Executive Officer of the Company is a member of the Board, and the Committee may revoke such delegation at any time. The Committee may put any conditions and restrictions on the powers that may be exercised by the Chief Executive Officer of the Company upon such delegation as the Committee determines in its sole discretion.
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ARTICLE IX
MISCELLANEOUS PROVISIONS
9.1    Not Transferable.  Except as provided below, Options, Restricted Stock awards, Deferred Stock awards, Performance Awards, Dividend Equivalents or Stock Payments under this Plan may not be sold, pledged, assigned, or transferred in any manner other than by will or the laws of descent and distribution or pursuant to a QDRO, unless and until such rights or awards have been exercised, or the shares underlying such rights or awards have been issued, and all restrictions applicable to such shares have lapsed. No Option, Restricted Stock award, Deferred Stock award, Performance Award, Dividend Equivalent or Stock Payment or interest or right therein shall be liable for the debts, contracts or engagements of the Optionee, Grantee or Restricted Stockholder or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to the extent that such disposition is permitted by the preceding sentence. An Optionee may, with the consent of the Committee, transfer a Nonqualified Stock Option to such family members and persons as may be permitted by this Committee, subject to such restrictions and limitations, if any, that the Committee, in its discretion, may impose on such transfer.
During the lifetime of the Optionee or Grantee, only they may exercise an Option or other right or award (or any portion thereof) granted to them under the Plan unless it has been disposed of pursuant to a QDRO. After the death of the Optionee or Grantee, any exercisable portion of an Option or other right or award may, prior to the time when such portion becomes unexercisable under the Plan or the applicable Stock Option Agreement or other agreement, be exercised by their personal representative or by any person empowered to do so under the deceased Optionee’s or Grantee’s will or under the then applicable laws of descent and distribution.
9.2    Amendment, Suspension or Termination of this Plan.  This Plan may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee. However, without approval of the Company’s stockholders given within twelve months before or after the action by the Committee, no action of the Committee may, except as provided in Section 9.3, increase the limits imposed in Section 2.1 on the maximum number of shares which may be issued under this Plan or reduce the exercise price of an Option, and no action of the Committee may be taken that would otherwise require stockholder approval as a matter of applicable law, regulation or rule. No amendment, suspension or termination of this Plan shall, without the consent of the holder of Options, Restricted Stock awards, Deferred Stock awards, Performance Awards, Dividend Equivalents or Stock Payments, materially alter or impair any rights or obligations under any Options, Restricted Stock awards, Deferred Stock awards, Performance Awards, Dividend Equivalents or Stock Payments theretofore granted or awarded, unless the award itself otherwise expressly so provides. No Options, Restricted Stock, Deferred Stock, Performance Awards, Dividend Equivalents or Stock Payments may be granted or awarded during any period of suspension or after termination of this Plan, and in no event may any Incentive Stock Option be granted under this Plan after the first to occur of the following events:
(a)    The expiration of ten years from the date the Plan is adopted by the Board; or
(b)    The expiration of ten years from the date the Plan is approved by the Company’s stockholders under Section 9.4.
9.3    Changes in Common Stock or Assets of the Company; Acquisition or Liquidation of the Company and Other Corporate Events.
(a)    Subject to Section 9.3(e), in the event that the Committee determines that any dividend or other distribution (whether in the form of cash, Common Stock, other securities, or other property), recapitalization, reclassification, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, liquidation, dissolution, or sale, transfer, exchange or other disposition of all or substantially all of the assets of the Company, or exchange of Common Stock or other securities of the Company, issuance of warrants or other rights to purchase Common Stock or other securities of the Company, or other similar corporate transaction or event, in the Committee’s sole discretion, affects the Common Stock such that an adjustment is determined by the, Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or with respect to an Option, Restricted Stock award, Performance Award, Dividend Equivalent, Deferred Stock award or Stock Payment, then the Committee shall, in such manner as it may deem equitable, adjust any or all of
(i)    the number and kind of shares of Common Stock (or other securities or property) with respect to which Options, Performance Awards, Dividend Equivalents or Stock Payments may be granted under the Plan, or which may be granted as Restricted Stock or Deferred Stock (including, but not limited to, adjustments 
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of the limitations in Section 2.1 on the maximum number and kind of shares which may be issued and adjustments of the Award Limit),
(ii)    the number and kind of shares of Common Stock (or other securities or property) subject to outstanding Options, Performance Awards, Dividend Equivalents, or Stock Payments, and in the number and kind of shares of outstanding Restricted Stock or Deferred Stock, and
(iii)    the grant or exercise price with respect to any Option, Performance Award, Dividend Equivalent or Stock Payment.
(b)    Subject to Section 9.3(e), in the event of any corporate transaction or other event described in Section 9.3(a) which results in shares of Common Stock being exchanged for or converted into cash, securities (including securities of another corporation) or other property, the Committee will have the right to terminate this Plan as of the date of the event or transaction, in which case all options, rights and other awards granted under this Plan shall become the right to receive such cash, securities or other property, net of any applicable exercise price.
(c)    Subject to Section 9.3(e), in the event of any corporate transaction or other event described in Section 9.3(a) or any unusual or nonrecurring transactions or events affecting the Company, any affiliate of the Company, or the financial statements of the Company or any affiliate, or of changes in applicable laws, regulations, or accounting principles, the Committee in its discretion is hereby authorized to take any one or more of the following actions whenever the Committee determines that such action is appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or with respect to any option, right or other award under this Plan, to facilitate such transactions or events or to give effect to such changes in laws, regulations or principles:
(i)    In its discretion, and on such terms and conditions as it deems appropriate, the Committee may provide, either automatically or upon the Optionee’s request, for either the purchase of any such Option, Performance Award, Dividend Equivalent, or Stock Payment, or any Restricted Stock or Deferred Stock for an amount of cash equal to the amount that could have been attained upon the exercise of such option, right or award or realization of the Optionee’s rights had such option, right or award been currently exercisable or payable or the replacement of such option, right or award with other rights or property selected by the Committee in its sole discretion;
(ii)    In its sole and absolute discretion, the Committee may provide, either by the terms of such Option, Performance Award, Dividend Equivalent, or Stock Payment, or Restricted Stock or Deferred Stock or by action taken prior to the occurrence of such transaction or event that it cannot be exercised after such event;
(iii)    In its sole and absolute discretion, and on such terms and conditions as it deems appropriate, the Committee may provide, either by the terms of such Option, Performance Award, Dividend Equivalent, or Stock Payment, or Restricted Stock or Deferred Stock or by action taken prior to the occurrence of such transaction or event, that, for a specified period of time prior to such transaction or event, such option, right or award shall be exercisable as to all shares covered thereby, notwithstanding anything to the contrary in (1) Section 4.4 or (2) the provisions of such Option, Performance Award, Dividend Equivalent, or Stock Payment, or Restricted Stock or Deferred Stock;
(iv)    In its discretion, and on such terms and conditions as it deems appropriate, the Committee may provide, either by the terms of such Option, Performance Award, Dividend Equivalent, or Stock Payment, or Restricted Stock or Deferred Stock or by action taken prior to the occurrence of such transaction or event, that upon such event, such option, right or award be assumed by the successor corporation, or a parent or subsidiary thereof, or shall be substituted for by similar options, rights or awards covering the stock of the successor corporation, or a parent or subsidiary thereof, with appropriate adjustments as to the number and kind of shares and prices;
(v)    In its discretion, and on such terms and conditions as it deems appropriate, the Committee may make adjustments in the number and type of shares of Common Stock (or other securities or property) subject to outstanding Options, Performance Awards, Dividend Equivalents, or Stock Payments, and in the number and kind of outstanding Restricted Stock or Deferred Stock and/or in the terms and conditions of (including the grant or exercise price), and the criteria included in, outstanding options, rights and awards and options, rights and awards which may be granted in the future;
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(vi)    In its discretion, and on such terms and conditions as it deems appropriate, the Committee may provide either by the terms of a Restricted Stock award or Deferred Stock award or by action taken prior to the occurrence of such event that, for a specified period of time prior to such event, the restrictions imposed under a Restricted Stock Agreement or a Deferred Stock Agreement upon some or all shares of Restricted Stock or Deferred Stock may be terminated; and
(vii)    In its discretion, and on such terms and conditions as it deems appropriate, the Committee may make adjustments to the Performance Objectives of any outstanding award.
(d)    Notwithstanding anything in Sections 9.3(a), 9.3(c) or 9.3(e) to the contrary, except to the extent an award agreement expressly provides to the contrary, in the event of a Change of Control of the Company, all outstanding awards automatically shall become fully vested immediately prior to such Change of Control (or such earlier time as set by the Committee), all restrictions, if any, with respect to such awards shall lapse, and all performance criteria, if any, with respect to such awards shall be deemed to have been met at their target level.
9.4    Approval of Plan by Stockholders.  The Plan will be submitted for the approval of the Company’s stockholders within twelve months after the Effective Date. Options, Performance Awards, Dividend Equivalents, Stock Payments or Deferred Stock may be granted or awarded prior to such stockholder approval with respect to the shares of Common Stock authorized for awards under Section 2.1, provided that such Options, Performance Awards, Dividend Equivalents, Stock Payments or Deferred Stock shall not be exercisable and/or shall not vest prior to the time when the Plan is approved by the stockholders, and provided further that if such approval has not been obtained at the end of said twelve-month period, all such Options, Performance Awards, Dividend Equivalents, Stock Payments or Deferred Stock previously granted or awarded under this Plan, shall thereupon be canceled and become null and void.
9.5    Tax Withholding.  The Company shall be entitled to require payment in cash or deduction from other compensation payable to each Optionee, Grantee or Restricted Stockholder of any sums required by applicable tax law to be withheld with respect to the issuance, vesting or exercise of any Option, Restricted Stock, Deferred Stock, Performance Award, Dividend Equivalent or Stock Payment. Subject to the timing requirements of Section 5.3, the Committee may, in its discretion and in satisfaction of the foregoing requirement, allow such Optionee, Grantee or Restricted Stockholder to elect to have the Company withhold shares of Common Stock otherwise issuable under such Option or afterward (or allow the return of shares of Common Stock) having a Fair Market Value not to exceed withholding determined by the maximum individual statutory tax rate in the applicable jurisdiction. Notwithstanding the foregoing, any such person who is subject to Section 16b with respect to Company Stock may direct that the Company’s tax withholding obligation be satisfied by withholding the appropriate number of shares from such award and/or the “constructive” tender of already-owned shares of Common Stock.
9.6    Limitations Applicable to Section 16 Persons.  Notwithstanding any other provision of this Plan, this Plan, and any Option, Performance Award, Dividend Equivalent or Stock Payment granted, or Restricted Stock or Deferred Stock awarded, to any individual who is then subject to Section 16 of the Exchange Act, shall be subject to any limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, the Plan, Options, Performance Awards, Dividend Equivalents, Stock Payments, Restricted Stock and Deferred Stock granted or awarded hereunder shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 
9.7    Limitations Applicable to Awards.  Provisions of Article VI and Article VII to the contrary notwithstanding, and subject to the exceptions provided below, awards of Restricted Stock, stock-based Performance Awards, full value Stock Payments and Deferred Stock shall be subject to a minimum one-year vesting period if performance-based and shall be subject to a minimum three-year vesting period (1/3 each year) if solely tenure-based. Notwithstanding the foregoing, (i) vesting may be accelerated upon death, disability, retirement or Change of Control (of the Company, or a division of the Company respecting divisional Grantees) and (ii) vesting may occur earlier than the minimums set forth above with respect to a number of shares from awards or grants which shares in the aggregate do not exceed the result of multiplying 5% times the total cumulative number of shares authorized under the Plan commencing with the Plan’s inception. The calculation of the number of shares which are not Otherwise Exempt Shares and which are covered by the exception in clause (ii) immediately above shall be made at the time of award except in the case of an acceleration of the vesting period in which case the calculation shall be made at the time of acceleration. “Otherwise Exempt Shares” are shares which meet the minimum vesting requirements of the first sentence of this Section 9.7; or are entitled to the benefit of clause (i) of this Section 9.7. Provisions of the Plan to the contrary notwithstanding, discretionary awards to Directors, specifically excluding awards to directors related to their annual retainer, shall be determined solely by the independent Compensation Committee.
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9.8    Stock Ownership and Retention Guidelines.  Common Stock issued pursuant to awards under the Plan shall be subject to the provisions of any applicable stock ownership and retention guidelines adopted by the Company. Notwithstanding any provision of the Plan or any award agreement to the contrary, the Company reserves the right, without the consent of any recipient of any award under the Plan, to adopt any such stock ownership and retention guidelines, including such guidelines applicable to the Plan or any award agreement.
9.9    Effect of Plan Upon Options and Compensation Plans.  This Plan amendment and restatement shall not affect any other compensation or incentive plans in effect for the Company or any Subsidiary. Nothing in this Plan shall be construed to limit the right of the Company (i) to establish any other forms of incentives or compensation for Employees, Directors or consultants of the Company or any Subsidiary or (ii) to grant or assume options or other rights otherwise than under this Plan in connection with any proper corporate purpose including but not by way of limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, partnership, entity or association.
9.10    Compliance with Laws.  This Plan, the granting and vesting of Options, Restricted Stock awards, Deferred Stock awards, Performance Awards, Dividend Equivalents or Stock Payments under this Plan and the issuance and delivery of shares of Common Stock and the payment of money under this Plan or under Options, Performance Awards, Dividend Equivalents or Stock Payments granted or Restricted Stock or Deferred Stock awarded hereunder are subject to compliance with all applicable federal and state laws, rules and regulations (including but not limited to state and federal securities law and federal margin requirements) and to such approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel for the Company, be necessary or advisable in connection therewith. Any securities delivered under this Plan shall be subject to such restrictions, and the person acquiring such securities shall, if requested by the Company, provide such assurances and representations to the Company as the Company may deem necessary or desirable to assure compliance with all applicable legal requirements. To the extent permitted by applicable law, the Plan, Options, Restricted Stock awards, Deferred Stock awards, Performance Awards, Dividend Equivalents or Stock Payments granted or awarded hereunder shall be deemed amended to the extent necessary to conform to such laws, rules and regulations.
9.11    Clawback Policy.  To the extent required by applicable law or any applicable securities exchange listing standards, or as otherwise determined by the Committee, awards and amounts paid or payable pursuant to or with respect to awards shall be subject to the provisions of any applicable clawback policies or procedures adopted by the Company which clawback policies or procedures may provide for forfeiture, repurchase and/or recoupment of awards and amounts paid or payable pursuant to or with respect to awards. Notwithstanding any provision of the Plan or any award agreement to the contrary, the Company reserves the right, without the consent of any recipient of any award under the Plan, to adopt any such clawback policies and procedures, including such policies and procedures applicable to the Plan or any award agreement with retroactive effect.
9.12    Compliance with Section 409A.  Notwithstanding anything in this Plan to the contrary, if any provision of the Plan or any award document would result in the imposition of the additional tax under Section 409A of the Code (“Section 409A”), that Plan or award provision may be reformed, to the extent permitted by Section 409A, to avoid imposition of the additional tax and no action taken by the Company to have the award comply with Section 409A shall be deemed to materially adversely affect the recipient’s rights with respect to the award. Further, if any payment or benefit provided for under an award would be subject to additional taxes and interest under Section 409A if the recipient’s receipt of such payment or benefit is not delayed in accordance with the requirements of Section 409A(a)(2)(B)(i) of the Code, then such payment or benefit shall not be provided to the recipient (or the recipient’s estate, if applicable) until the earlier of (i) the date of the recipient’s death or (ii) the date that is six months after the date of the recipient’s separation from service with the Company.
9.13    Titles.  Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of this Plan.
9.14    Governing Law.  This Plan and any agreements hereunder shall be administered, interpreted and enforced under the internal laws of the State of Texas without regard to conflicts of laws thereof.
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