Document:

Employment Agreement, dated as of October 20, 2009

 Exhibit 10.26 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT (the “Agreement”) is made as of October 20, 2009, between WARNER CHILCOTT (US), LLC (the “Company”), and Mahdi Fawzi, Ph.D. (“Executive”). 
 RECITALS 
 WHEREAS, Executive and the Company desire to enter into this Agreement in order to set forth the terms and conditions upon which Executive will serve as the President, Research & Development of the Company’s ultimate parent
company, Warner Chilcott plc, an Irish company (“Warner Chilcott”). 
 NOW THEREFORE in consideration of the
promises and mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Employment. 
 (a) Executive shall be employed by the Company and will have the title of President, Research & Development of the Company and Warner Chilcott. Executive shall have authority, duties and
responsibilities as are commensurate with Executive’s position. Executive agrees to render full time services under this Agreement in performing such duties and responsibilities. 
 (b) Executive shall perform substantially all of his duties under this Agreement at the Company’s Rockaway, New Jersey office
provided, however, that the Executive may be required to perform incidental services outside the United States from time to time. Executive may from time to time be required to perform duties commensurate with Executive’s position
on behalf of any of Warner Chilcott or any of its direct or indirect subsidiaries (collectively, the “Group Companies”) in addition to the duties described in Section 1(a), and Executive may be appointed an officer or officers
of one or more Group Companies in addition to his titles described in Section 1(a). Such duties shall be performed, and appointments accepted, by Executive without additional compensation or remuneration. 
 (c) Executive accepts such employment and agrees to render the services described above to the best of his abilities in a diligent,
trustworthy, businesslike and efficient manner. It shall not be a violation of this Agreement for Executive to serve on civic or charitable boards or committees so long as such activities do not significantly interfere with Executive’s
commitment to work in accordance with this Agreement. With the prior written consent of Warner

 
Chilcott’s Board of Directors (the “Board”), which consent shall not be unreasonably refused or delayed, and so long as such activities do not significantly interfere with
Executive’s commitment to work in accordance with this Agreement, Executive may serve on corporate boards or committees. 
 2. Term of Employment. Executive’s employment by the Company shall commence on the date hereof and shall continue unless terminated as hereinafter provided (the “Employment Period”). Executive may
terminate his employment during the Employment Period with twelve months written notice to the Company. If the Company gives Executive notice of termination without cause, Executive shall be entitled to the severance payments provided in
Section 4(d) hereof. 
 3. Base Salary and Benefits. 
 (a) Base Salary. Commencing as of the date hereof, and thereafter during the Employment Period, Executive’s base salary shall be
$500,000.00 per annum, (as adjusted from time to time, the “Base Salary”). The Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in regular installments in accordance
with the Company’s general payroll practices and shall be subject to customary withholding. 
 (b) Business
Expenses. The Company shall reimburse Executive for all reasonable expenses incurred by him during the Employment Period in the course of performing his duties under this Agreement which are consistent with the Company’s policies in effect
from time to time with respect to travel, entertainment and other business expenses. The parties agree that such expenses shall include, by way of example and not limitation, cellular telephone service and home fax machine and telephone line.

 (c) Employee Benefits. Except as specifically set forth herein, Executive shall be entitled to participate, on a basis
comparable to other key executives of the Company, in any benefit plan, incentive compensation plan or program of any Group Company for which key executives of the Company are or shall become eligible, including, without limitation, pension, 401(k),
life and disability insurance and share plans, subject to the approval of the Compensation Committee of the Board (or, if there is no such committee, subject to the approval of the Board), and the terms and conditions of such plans and schemes.

 (d) Annual Bonus. Executive shall be eligible during the Employment Period to receive an annual cash bonus (the
“Cash Bonus”) in such amount, if any, as is determined in the sole discretion of the Board, in a target amount equal to a minimum of 50% of his then current Base Salary (the “Target Bonus”) based on the achievement
of performance goals established by the Board.

  

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Such bonus shall be provided on such terms and in such amounts, if any, as the Board may deem appropriate in its sole discretion. With respect to the Company’s fiscal year ending
December 31, 2009, Executive shall be eligible for a Cash Bonus with such amount pro-rated to reflect the portion of the fiscal year for which services are rendered. 
 (e) Annual Review of Base Salary and Cash Bonus. The Compensation Committee of the Board (or, if no such committee exists, the Board) shall review each year the Base Salary and Target Bonus in
accordance with the compensation policies and practices of Warner Chilcott and/or the Company; provided, that, in no event shall Executive’s Base Salary be reduced below $500,000.00, in no event shall the Target Bonus be reduced, and in
no event shall the Company, the Compensation Committee of the Board or the Board be obligated to increase the Base Salary or Target Bonus. 
 (f) Vacation. Executive shall be entitled to vacation time with compensation of twenty days per annum during the Employment Period. Executive shall also be entitled to all paid holidays given by
the Company to its key officers. 
 (g) Sign-on Bonus. On November 10, 2009, Executive shall receive a sign-on bonus
of $100,000. 
 (h) Grant of Ordinary Shares. On the date hereof, Executive shall receive a grant pursuant to Warner
Chilcott’s Equity Incentive Plan (the “Incentive Plan”) of ordinary shares with an aggregate equity value of $604,250, calculated using the closing price on the date hereof (“Restricted Ordinary Shares”) on the
terms and subject to the conditions set forth in that certain Share Award Agreement, dated as of the date hereof by and among Warner Chilcott and Executive, including that such Restricted Ordinary Shares will vest ratably over four years in 25%
increments commencing with the first anniversary of the date of grant, subject to 100% vesting upon the consummation of a Change of Control. Such grant of Restricted Ordinary Shares will be made under the Incentive Plan in lieu of the annual grant
for which Executive would otherwise have been eligible in the first quarter of 2010. Executive will not be eligible to receive a 2010 annual equity award under the Incentive Plan but will be eligible for such annual awards commencing in 2011.

 (i) Grant of Non-Qualified Share Options. On the date hereof, Executive shall receive pursuant to the Incentive Plan a
non-qualified option award to purchase ordinary shares with an aggregate equity value of $604,250, calculated by, and with an exercise price equal to, the closing price of the Company’s ordinary shares on the date hereof, the vesting of which
will occur ratably over four years in 25% increments commencing with the first anniversary

  

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of the date of grant, subject to 100% vesting upon the consummation of a Change of Control, and which will be subject to other terms and conditions, in each case as more specifically set forth in
that certain Share Option Award Agreement, dated as of the date hereof. Such grant of non-qualified share options will be made under the Incentive Plan in lieu of the annual grant for which Executive would otherwise have been eligible in the first
quarter of 2010. Executive will not be eligible to receive a 2010 annual equity award under the Incentive Plan but will be eligible for such annual awards commencing in 2011. 
 4. Termination. 
 (a) If Executive shall die during the Employment Period, Executive’s employment hereunder shall terminate effective as of the date of Executive’s death, except that Executive’s surviving
spouse and dependents or, if none, his estate, shall be entitled to receive an amount equal to Executive’s then current Base Salary for a period of 12 months plus all other amounts and benefits to which Executive is entitled, including without
limitation, expense reimbursement amounts accrued to the effective date of termination and amounts and benefits owing under the terms of any benefit plan of any Group Company in which Executive participates, such payments to be payable during the 12
month period after Executive’s last day of active employment in equal monthly installments. In addition, Executive’s surviving spouse and dependents shall be entitled to continued participation in the Company’s health and welfare
plans in which Executive was participating immediately prior to such termination, to the extent, and in the manner, provided for pursuant to such health and welfare plans, at the Company’s expense, for a period of 12 months following such
termination of employment; provided, that if such benefits cannot be provided under the applicable plan, Executive’s surviving spouse or dependents shall receive the cash value thereof plus an appropriate tax gross-up in equal monthly
installments during the 12 months following such termination of employment. 
 (b) At the sole discretion of the Board,
Executive’s employment hereunder may be terminated by the Company if Executive is disabled (as defined below) and shall have been absent from his duties with the Company on a full time basis for 180 consecutive days, and, within 30 days after
written notice by the Company to do so, the Executive shall not have returned to the performance of his duties hereunder on a full time basis. In the event of such termination, Executive shall be entitled to receive (so long as he executes and
delivers the Company’s standard form of release within 60 days following Executive’s termination of employment) an amount equal to the amount set forth in Section 4(d)(i) below, plus all other amounts and benefits to which Executive
is entitled, including without limitation, expense reimbursement amounts accrued to the effective date of termination and amounts and benefits owing under the terms of any benefit plan of any Group Company in which Executive participates, all

  

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such payments to be payable during the 24 month period after Executive’s last day of active employment in equal monthly installments; provided that, for the avoidance of doubt, the
proviso at the end of Section 4(d) shall not apply to payments pursuant to this Section 4(b). As used herein, the term “disabled” shall (i) mean that Executive is unable, as a result of a medically determinable
physical or mental impairment, to perform the duties and services of his position, or (ii) have the meaning specified in any disability insurance policy maintained by the Company, whichever is more favorable to the Executive. 
 (c) The Company may, by notice to Executive, terminate Executive’s employment hereunder for cause. As used herein,
“cause” shall mean (i) the conviction of Executive of a felony (other than violation of a motor vehicle or moving violation law) or conviction of a misdemeanor if such misdemeanor involves moral turpitude; or
(ii) Executive’s voluntary engagement in conduct constituting larceny, embezzlement, conversion or any other act involving the misappropriation of any Group Company funds in the course of his employment; or (iii) Executive’s
willful refusal (following written notice) to carry out specific directions of the Board, the Board of Directors of the Company or the Board of Directors of any other Group Company of which Executive is an officer, which directions shall be
consistent with the provisions hereof; or (iv) Executive’s committing any act of gross negligence or intentional misconduct in the performance or non-performance of his duties hereunder; or (v) any material breach by Executive of any
material provision of this Agreement (other than for reasons related only to the business performance of the Company or business results achieved by Executive). For purposes of this Section 4(c), no act or failure to act on Executive’s
part shall be considered to be reason for termination for cause if done, or omitted to be done, by Executive in good faith and with the reasonable belief that the action or omission was in the best interests of the Company. Upon the termination of
Executive’s employment for cause, the Company shall pay to Executive (x) his Base Salary accrued through the effective date of termination, payable at the time such payment is otherwise due and payable hereunder, and (y) all other
amounts and benefits to which Executive is entitled, including, without limitation, vacation pay and expense reimbursement amounts accrued to the effective date of termination and amounts and benefits owing under the terms of any benefit plan of any
Group Company in which Executive participates and Executive shall not be entitled to any severance payments. 
 (d) The
Executive and the Company agree that the Company in its absolute discretion, may terminate Executive’s employment hereunder without cause provided, however that in such event Executive shall be entitled to receive (so long as he executes and
delivers the Company’s standard form of release within 60 days following Executive’s termination of employment): (i) an amount equal to (x) 200% of Executive’s Base Salary in effect as of the date Executive’s

  

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employment with the Company is terminated plus (y) 200% of the Cash Bonus paid (or payable in the event the full amount has not then been paid) to such Executive with respect to the calendar
year immediately preceding the year in which Executive’s employment with the Company terminated, and (ii) all other amounts and benefits to which Executive is entitled, including without limitation, expense reimbursement amounts accrued to
the effective date of termination and amounts and benefits owing under the terms of any benefit plan of any Group Company in which Executive participates, in each case such payments to be payable during the 24 month period after Executive’s
last day of active employment in equal monthly installments, provided, however, that if such termination occurs in connection with or within two years of a Change of Control, then such amounts shall be payable as a lump sum cash
payment within 10 days after Executive’s last day of active employment. 
 (e) Executive’s employment may be
terminated by the Executive, 
 (i) for Good Reason. For purposes of this Agreement, “Good Reason” shall mean:
(A) the assignment to Executive of duties materially inconsistent with Executive’s position (including status, offices, titles, and reporting requirements), authority, duties or responsibilities as contemplated by Section 1(a) hereof,
or any other action by the Company or Warner Chilcott which results in a diminution in such position, authority, duties or responsibilities, excluding for this purpose an isolated, insubstantial and inadvertent action not taken in bad faith and
which is remedied by the Company or Warner Chilcott promptly after receipt of notice thereof given by Executive; (B) any failure by the Company to comply with any of the provisions of Section 3 hereof, other than an isolated, insubstantial
and inadvertent failure not occurring in bad faith and which is remedied by the Company promptly after receipt of notice thereof given by Executive; (C) the Company’s requiring Executive to be based at any office or location other than as
provided in Section 1(b); (D) any purported termination by the Company of Executive’s employment otherwise than as expressly permitted by this Agreement; or (E) any failure by the Company to obtain an express assumption of this
Agreement by a successor as required pursuant to Section 15 hereof. Upon any termination pursuant to this Section 4(e), Executive shall be entitled (so long as he executes and delivers the Company’s standard form of release within 60
days following Executive’s termination of employment) to the payments specified in Section 4(d) paid in the manner set forth therein. 
 (ii) by resignation or retirement. If Executive resigns or retires, this Agreement shall terminate as of the effective date of Executive’s retirement or resignation and thereupon Executive shall be
entitled solely to the payments and benefits set forth in Section 4(c). 
  

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 5. Gross-Up Payment. 
 (a) Anything in this Agreement to the contrary notwithstanding, in the event that it shall be determined that any payment or consideration
received by Executive from a Group Company (or any Person whose actions result in a change in ownership or effective control or in the ownership of a substantial portion of assets of the Group Companies covered by Section 280G(b)(2) of the
Internal Revenue Code of 1986 of the United States, as amended (the “Code”), or any Person affiliated with any Group Company or any such Person) in connection with a Change of Control or any other change in ownership or control or
substantial portion of assets for purposes of Section 280G (in each case whether paid or payable pursuant to the terms of this Agreement or otherwise, but determined without regard to any additional payments required under this
Section 5(a)) (any such payment or consideration described in such clauses (i) or (ii), a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Code, or any interest or penalties are incurred by
Executive with respect to such excise tax (such excise tax, together with any such interest and penalties are hereinafter collectively referred to as the “Excise Tax”), the Company shall pay to Executive at the time specified in
Section 5(e) below an additional amount (a “Gross-Up Payment”) such that the net amount of the Gross-Up Payment retained by Executive, after deduction of all federal, state and local income tax (and any interest and penalties
imposed with respect thereto), employment tax and Excise Tax on the Gross-Up Payment, shall be equal to the amount of the Excise Tax imposed on such Payment. 
 (b) For purposes of the foregoing Section 5(a), the proper amounts, if any, of the Excise Tax and the Gross-Up Payment shall be determined in the first instance by the Company. Such determination by
the Company shall be promptly communicated in writing by the Company to Executive. Within 10 days of being provided with written notice of any such determination, Executive may provide written notice to the Compensation Committee of the Board (or,
if there is no such Compensation Committee, the Board) of any disagreement, in which event the amounts, if any, of the Excise Tax and the Gross-Up Payment shall be determined by an independent accounting firm mutually selected by the Company and
Executive in which event the Company shall bear the costs of retaining such independent accounting firm. The determination of the Company (or in the event of disagreement, the accounting firm selected) shall be final and nonreviewable. 

(c) For purposes of determining whether any of the Payments will be subject to the Excise Tax and the amount of such Excise Tax under
Section 5(a), any payments or benefits received or to be received by Executive in connection with a termination of employment shall be treated as “parachute payments” within the meaning of Section 280G(b)(2) of the Code, and all
“excess

  

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parachute payments” within the meaning of Section 280G(b)(1) of the Code shall be treated as subject to the Excise Tax unless the Company or the accounting firm selected above, as
applicable, determines based on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code, with substantial authority (within the meaning of Section 6662 of the Code), such other payments or
benefits (in whole or in part) do not constitute parachute payments, or such excess parachute payments (in whole or in part) represent reasonable compensation for services actually rendered within the meaning of Section 280G(b)(4) of the Code
in excess of the base amount within the meaning of Section 280G(b)(3) of the Code. 
 (d) For purposes of determining the
amount of the Gross-Up Payment, Executive shall be deemed to pay federal income taxes at the highest marginal rate of tax in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rate
of tax in the state and locality of Executive’s residence on the date of termination, net of the maximum reduction in federal income taxes which could be obtained from deduction of such state and local taxes; provided, however, that to
the extent (but only to the extent) required to comply with Regulation §409A-3(i)(l)(v) under the Code, the amount of the Gross-Up Payment shall be equal to all of the Federal, state and local taxes imposed on Executive as a result of the
Excise Tax and Gross-Up Payment. 
 (e) The Gross-Up Payments provided for in Section 5(a) shall be made in a cash,
lump-sum payment to the Executive (or appropriate taxing authority on Executive’s behalf) when due but in no event later than the end of the year following the year in which Executive remits the Excise Tax, net of any required tax withholdings,
upon the later of (i) the fifth business day following the effective date of termination, or (ii) the calculation of the amount of the Gross-Up Payment under Section 5(b). Any Gross-Up Payment required hereunder that is not made in a
timely manner shall bear interest at a rate equal to the prime rate quoted on the date the payment is first overdue by Citibank N.A., New York, New York plus two percent until paid. 
 (f) As a result of the uncertainty in the application of Section 280G of the Code at the time of a determination hereunder, it is
possible that payments will be made by the Company which should not have been made under Section 4(f) (“Overpayment”) or that additional payments which are not made by the Company pursuant to Section 5(a) should have been
made (“Underpayment”). In the event that there is a final determination by the Internal Revenue Service, or a final determination by a court of competent jurisdiction, that an Overpayment has been made, any such Overpayment shall be
promptly reimbursed by the Executive to the Company. In the event there is a final determination by the Internal Revenue Service, a final determination by a court of competent

  

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jurisdiction or a change in the provisions of the Code or regulations pursuant to which an Underpayment arises under this Agreement, any such Underpayment shall be promptly paid by the Company to
the Executive, together with interest at the applicable federal rate provided for in Section 7872(f)(2) of the Code. 
 (g)
Amounts which are vested benefits or which Executive is otherwise entitled to receive under any plan, policy, practice or program of or in any contract or agreement with the Company or any other Group Company at or subsequent to the date of
termination of Executive’s employment for any reason shall be payable in accordance with such plan, policy, practice or program or contract or agreement except as explicitly modified by this Agreement. 
 6. Confidential Information. 
 (a) Executive acknowledges and agrees that the information, observations and data obtained by him concerning any Group Company while employed by the Company or any other Group Company
(“Confidential Information”) are the property of Warner Chilcott and/or the relevant Group Company (as appropriate). Therefore, Executive agrees to keep secret and retain in the strictest confidence all Confidential Information,
including without limitation, trade “know-how” secrets, customer lists, pricing policies, operational methods, technical processes, formulae, inventions and research projects and other business affairs of any Group Company, learned by him
prior to or after the date of this Agreement, and not to disclose them to anyone outside the Group Companies, either during or after his employment with the Company, except: (i) in the course of performing his duties hereunder; (ii) with
Warner Chilcott’s express written consent; (iii) to the extent that the Confidential Information becomes generally known to and available for use by the public other than as a result of Executive’s acts or omissions; or
(iv) where required to be disclosed by court order, subpoena or other government process. If Executive shall be required to make disclosure pursuant to the provisions of clause (iv) of the preceding sentence, Executive promptly, but in no
event more than 48 hours after learning of such subpoena, court order or other governmental process, shall notify the Company, by personal delivery or fax (pursuant to Section 11 hereof), and, at the Company’s expense, shall take all
reasonably necessary steps requested by the Company to defend against the enforcement of such subpoena, court order or other governmental process and permit any Group Company to intervene and participate with counsel of its own choice in any related
proceeding. 
 (b) Executive shall deliver to the Company at the termination of his employment, or at any other time the Company
may request, all memoranda, notes, plans, records, reports, computer tapes, printouts and software and other documents and data (and copies thereof) relating to the Confidential

  

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Information, Work Product (as defined below) or the business of the Company or any other Group Company which he may then possess or have under his control. 
 7. Inventions and Patents. Executive acknowledges that all inventions, innovations, improvements, developments, methods,
designs, analyses, drawings, reports, patents, patent applications and all similar or related information (whether or not patentable) which relate to a Group Company’s actual or anticipated business, research and development or existing or
future products or services and which are conceived, developed or made by Executive while employed by the Company or any other Group Company (“Work Product”) belong to the applicable Group Company. Executive shall promptly disclose
such Work Product to the Board and perform all actions reasonably requested by the Board (whether during or after his employment) to seek and obtain intellectual property protection on behalf of the applicable Group Company and establish and confirm
the applicable Group Company’s ownership (including, without limitation, assignments, consents, powers of attorney and other instruments). 
 8. Indemnification. The Company will indemnify Executive and his legal representatives to the fullest extent permitted by applicable laws and the existing organizational documents of the
Company or any other applicable laws or the provisions of any other corporate document of the Company, and Executive shall be entitled to the protection of any insurance policies the Company may elect to obtain generally for the benefit of its
directors and officers, against all costs, charges and expenses whatsoever incurred or sustained by him or his legal representatives in connection with any action, suit or proceeding to which he or his legal representatives may be made a party by
reason of him being or having been a director or officer of the Company or any other Group Company or actions taken purportedly on behalf of the Company or any other Group Company. The Company shall advance to Executive the amount of his expenses
incurred in connection with any proceeding relating to such service or function to the fullest extent legally permissible under applicable law. The indemnification and expense reimbursement obligations of the Company in this Section 8 will
continue as to Executive after he ceases to be an officer of the Company and shall inure to the benefit of his heirs, executors and administrators. The Company shall not, without Executive’s written consent, cause or permit any amendment of the
Company’s governing documents which would adversely affect Executive’s rights to indemnification and expense reimbursement thereunder. 
 9. Non-Compete; Non-Solicitation. 
 (a) Subject to Section 1(c)
hereof, Executive covenants and agrees that, during the Employment Period and for the following periods after the termination of this Agreement howsoever arising, except with the prior written consent of the Board, which shall not be unreasonably
refused or delayed, directly or indirectly,

  

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either alone or jointly with or on behalf of any person, firm, company or entity and whether on his own account or as principal, partner, shareholder, director, employee, consultant or in any
other capacity whatsoever, Executive shall not: 
 (i) for the Applicable Period following termination, in the
Relevant Territory (as defined in Section 9(b) below), and in competition with the Company or any of the Relevant Group Companies, engage, assist or be interested in any undertaking which provides services or products similar to those provided
by the Company or any of the Relevant Group Companies; 
 (ii) for the Applicable Period following termination,
in the Relevant Territory, solicit or interfere with or endeavor to entice away from the Company or any of the Relevant Group Companies any Person who is a customer or Potential Customer of the Company or any of the Relevant Group Companies;

 (iii) for the Applicable Period following termination, in the Relevant Territory, be concerned with the
supply of services or products to any Person which is a customer or Potential Customer of the Company or any of the Relevant Group Companies where such services or products are in competition with those services or products supplied by the Company
or any of the Relevant Group Companies; 
 (iv) for the Applicable Period following termination, offer to
employ, or engage or solicit the employment or engagement of, any Person who immediately prior to the date of termination was an employee, contractor or director of the Company or any of the Relevant Group Companies (whether or not such Person would
commit any breach of their contract of employment or engagement by reason of leaving the service of such company). 
 (v) represent himself as being in any way connected with or interested in the business of the Company or any of the Relevant Group Companies other than, if applicable, in his capacity as a shareholder of any of Warner Chilcott or Warner II.

 (b) For the purposes of this Agreement: 
 (i) “Applicable Period” means 
 (i) 24 months in the event of a termination of Executive’s employment hereunder pursuant to Section 4(b) hereof (termination as a
result of disability of Executive), Section 4(d) hereof (termination by Company without cause) or

  

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4(e)(i) hereof (termination by Executive resignation with Good Reason), 
 (ii) 6 months in the event of a termination of Executive’s employment hereunder pursuant to Section 4(e)(ii) hereof (Executive resignation or retirement), provided, that, such 6 month period shall be increased to 12 months
if the Company elects, in its sole discretion, to pay Executive an amount equal to (x) 100% of Executive’s Base Salary in effect as of the date Executive’s employment with the Company is terminated plus (y) 100% of the Cash Bonus
paid (or payable in the event the full amount has not then been paid) to such Executive with respect to the calendar year immediately preceding the year in which Executive’s employment with the Company terminated, such amount payable during the
12 month period after Executive’s last day of active employment in equal monthly installment, and 
 (iii) 6 months in the
event of a termination of Executive’s employment hereunder pursuant to Section 4(c) hereof (termination by Company for cause); 
 (ii) “Person” means an individual, partnership, limited liability company, corporation, trust or any other entity; 
 (iii) “Potential Customer” means any Person that the Company or any of the Relevant Group Companies has
actively solicited business during the 12 month period prior to Executive’s termination of employment; 
 (iv) a “Relevant Group Company” means the Company, Warner Chilcott and all direct and indirect subsidiaries thereof and, if applicable, their predecessors in business; and 
 (v) “Relevant Territory” means the area constituting the market of the Company or any of the Relevant Group
Companies for products and services with which Executive shall have been concerned during the term of his employment with any Group Company. 
 (vi) “Sponsor” has the meaning ascribed to such terms in the Management Shareholders Agreement. 
 (c) Nothing contained in Section 9(a) shall prohibit Executive from holding shares or securities of a company any of whose shares or securities are

  

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quoted or traded on any recognized investment or stock exchange provided that any such holding shall not exceed three percent of the issued share capital of such company and is held passively by
way of bona fide investment only. 
 (d) If, at the time of enforcement of this Section 9, a court shall hold that the
duration, scope or area restrictions stated herein are unreasonable under circumstances then existing, the parties agree that the maximum duration, scope or area reasonable under such circumstances shall be substituted for the stated duration, scope
or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law. Executive agrees that the restrictions contained in this Section 9 are reasonable. 

(e) In the event of the breach or a threatened breach by Executive of any of the provisions of this Section 9, the Company, in
addition and supplementary to other rights and remedies existing in its favor, may apply to any court of law or equity of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce or prevent any violations
of the provisions hereof (without posting of any bond). 
 10. Executive’s Representations. Executive hereby
represents and warrants to the Company that (i) the execution, delivery and performance of this Agreement by Executive do not and will not conflict with, breach, violate or cause a default under any contract, agreement, instrument, order,
judgment or decree to which Executive is a party or by which he is bound, (ii) there exists no contract or agreement that restricts Executive’s ability to assume his role and duties hereunder or under which such role and duties will result
in a conflict or breach thereunder, provided that, notwithstanding anything else contained herein, if such contract or agreement exists, all terms of Executive’s employment and any grant or award relating thereto that is contained herein or in
any other contract, agreement, grant or award regarding such employment now in effect or entered into hereafter are void ab initio, and (iii) upon the execution and delivery of this Agreement by the parties, this Agreement will be the valid and
binding obligation of Executive, enforceable in accordance with its terms. Executive hereby acknowledges and represents that he has had the opportunity to consult with independent legal counsel regarding his rights and obligations under this
Agreement and that he fully understands the terms and conditions contained herein. 
 11. Notices. Any notice
provided for in this Agreement shall be in writing and shall be deemed to have been duly given if delivered personally (whether by overnight courier or otherwise) with receipt acknowledged or sent by registered or certified mail or equivalent, if
available, postage prepaid, or by fax (which shall be confirmed by a writing sent by registered or certified mail or equivalent on the same day that such fax was sent), addressed to the parties at the

  

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following addresses or to such other address as such party shall hereafter specify by notice to the other: 
  

			
	 Notices to Executive:
	 	 Mahdi Fawzi, Ph.D.
 One
Dukes Court
 Morristown, NJ 07960

		
	 Notices to the Company:
	 	 Warner Chilcott (US), LLC
 Rockaway 80 Corporate Center
 100 Enterprise Drive
 Rockaway, NJ 07866
 (973) 442-3200 (Phone)
 (973) 442-3316 (Fax)
 Attention: General Counsel

 12. Severability. Whenever possible, each provision of this Agreement shall be interpreted in
such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction (except with respect to
Section 9, for which Section 9(d) shall apply), such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such
jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 
 13. Complete
Agreement. This Agreement, together with any other agreements referred to herein (and any exhibits, schedules or other documents referred to herein or therein) constitutes the complete agreement and understanding among the parties and
supersedes and preempts any prior understandings, agreements or representations by or among the parties, written or oral, whether in term sheets, presentations or otherwise, which may have related to the subject matter hereof in any way. 

14. No Strict Construction. The language used in this Agreement shall be deemed to be the language chosen by the parties
hereto to express their mutual intent, and no rule of strict construction shall be applied against any party. 
 15.
Counterparts. This Agreement may be executed in separate counterparts, each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 
 16. Successors and Assigns. This Agreement is intended to bind and inure to the benefit of and be enforceable by Executive,
the Company and their respective heirs, successors and assigns, except that Executive may not assign his rights or delegate his obligations hereunder without the prior written consent of

  

 14 

 
the Company. The Company will require any successor to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same
manner and to the same extent that the Company would be required to perform it if no such succession had taken place. 
 17.
Choice of Law. All issues and questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws of the State of New Jersey without giving
effect to any choice of law or conflict of law rules or provisions that would cause the application of the laws of any jurisdiction other than the State of New Jersey. 
 18. Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of the Company and Executive, and no course of conduct or failure or
delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement. 
 19. Arbitration. Any controversy or claim arising out of or relating to this Agreement, the making, interpretation or the breach thereof, other than (a) a claim solely for injunctive relief for any alleged breach of the
provisions of Sections 6, 7 and/or 9 as to which the parties shall have the right to apply for specific performance to any court having equity jurisdiction; and (b) the determination of Excise Tax and Gross-Up Payment pursuant to Section 5
hereof; shall be settled by arbitration in New York City by one arbitrator in accordance with the Commercial Arbitration Rules of the American Arbitration Association and judgment upon the award rendered by the arbitrator may be entered in any court
having jurisdiction thereof and any party to the arbitration may, if he elects, institute proceedings in any court having jurisdiction for the specific performance of any such award. The powers of the arbitrator shall include, but not be limited to,
the awarding of injunctive relief. 
 20. Legal Fees and Expenses. The Company agrees to pay, as incurred, to the
full extent permitted by law, all reasonable legal fees and expenses which Executive may reasonably incur as a result of (a) review and/or any claims made regarding the Company’s determination of Excise Tax and Gross-Up Payment pursuant to
Section 5 hereof, or (b) any contest brought in good faith (regardless of the outcome thereof) by the Company, Executive or others of the validity, or enforceability of, or liability under, any provision of this Agreement (including as a
result of any contest by Executive about the amount of any payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Code. 
  

 15 

 21. No Mitigation or Set-Off. The provisions of this Agreement are not
intended to, nor shall they be construed to require that Executive mitigate the amount of any payment provided for in this Agreement by seeking or accepting other employment, nor shall the amount of any payment provided for in this Agreement be
reduced by any compensation earned by Executive as a result of his employment by another employer or otherwise. The Company’s obligations to make the payments to Executive required under this Agreement, and otherwise to perform its obligations
hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action that the Company may have against Executive. 
 22. Tax Withholding. The parties agree to treat all amounts paid to Executive hereunder as compensation for services. Accordingly, the Company may withhold from any amount payable under this
Agreement such federal, state or local taxes as shall be required to be withheld pursuant to any applicable law or regulation. 
 23. Code Section 409A. Executive and the Company agree that it is the intent of the parties that this Agreement not violate any applicable provision of, or result in any additional tax or penalty under, Section 409A
of the Code, and that to the extent any provisions of this Agreement do not comply with Section 409A of the Code, the parties will make such changes as are mutually agreed upon in order to comply with Section 409A of the Code.
Notwithstanding any other provision with respect to the timing of payments under this Agreement, if, at the time of Executive’s termination of employment, Executive is deemed to be a “specified employee” of the Company within the
meaning of Section 409A(a)(2)(B)(i) of the Code, then only to the extent necessary to comply with the requirements of Section 409A of the Code, any payments to which Executive may become entitled under this Agreement which are subject to
Section 409A of the Code (and not otherwise exempt from its application) that are payable (i) in a lump sum within six months following the date of termination will be withheld until the first business day after the six month anniversary
of the date of termination, at which time Executive shall be paid the amount of such lump sum payments in a lump sum and (ii) in installments within six months following the date of termination will be withheld until the first business day
after the six month anniversary of the date of termination, at which time Executive shall be paid the aggregate amount of such installment payments in a lump sum, and after the first business day of the seventh month following the date of
termination and continuing each month thereafter, Executive shall be paid the regular payments otherwise due to Executive in accordance with the payment terms and schedule set forth herein. 
 24. Certain Definitions. The following terms, as used in this Agreement, have the following meanings:

  

 16 

 “Change of Control” has the meaning ascribed to such term in the Management
Shareholders Agreement. 
 “Management Shareholders Agreement” means that certain Management Shareholders
Agreement dated as of March 28, 2005, by and among Warner Chilcott Holdings Company, Limited, Warner Chilcott Holdings Company II, Limited, Warner Chilcott Holdings Company III, Limited and the other parties thereto (as the same shall be
amended, supplemented or modified from time to time) to the extent then in force. 
  

 17 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above. 
  

	
	 Warner Chilcott (US), LLC

	
	
	 /s/ Roger M. Boissonneault

	 Name:  Roger M. Boissonneault

	 Title:    Chief Executive Officer

	
	
	 EXECUTIVE

	
	
	 /s/ Mahdi Fawzi

	 Mahdi Fawzi, Ph.D.

  

 18Form of Warner Chilcott Equity Incentive Plan Restricted Share Unit Agreement

 Exhibit 10.48 
 WARNER CHILCOTT 
 EQUITY INCENTIVE PLAN

 RESTRICTED SHARE UNIT AWARD AGREEMENT 
 You have been granted a Restricted Share Unit Award on the following terms and subject to the provisions of the Restricted Share Unit Award Agreement Terms and Conditions (“Attachment A”)
appended hereto and the Warner Chilcott Equity Incentive Plan, as amended and restated (the “Plan”). Unless defined in this Restricted Share Unit Award Agreement (together with Attachment A and each annex thereto, the
“Agreement”), capitalized terms will have the meanings ascribed to them in the Plan. In the event of a conflict among the provisions of the Plan, this Agreement and any descriptive materials provided to you, the provisions of the
Plan will prevail. 
  

			
	Grantee:	  	[INSERT Full Name]
		
	Total Number of Restricted Share Units:	  	[                    ]
		
	Grant Date:	  	[                    ]
		
	Vesting Schedule:	  	Ordinary vesting is 25% on each anniversary of the Grant Date. Special vesting provisions apply in certain events (see Attachment A).

 Attachment A 
 RESTRICTED SHARE UNIT AWARD AGREEMENT 
 TERMS AND
CONDITIONS 
 Section 1. Grant of Restricted Restricted Share Unit Award.  
 (a) Grant. Subject to the terms and conditions of the Plan and this Agreement, Warner Chilcott plc (the “Company”)
hereby grants to the Grantee on the Grant Date the number of Restricted Share Units set forth on the cover page of this Agreement on the terms set forth on the cover page and as more fully described herein. 
 (b) Plan and Defined Terms. This award is granted under the Plan, which is incorporated herein by this reference and made a part of
this Agreement. Capitalized terms, unless defined herein or in any attachment or annex hereto, shall have the meaning ascribed to them in the Plan. 
 (c) Additional Terms for Awards outside the United States. For a Grantee who resides or is employed outside the United States, this award may be subject to special terms and conditions set forth in
Annex 1. In addition, if the Grantee relocates to one of the countries with additional provisions set forth in Annex 1, the special terms and conditions for such country shall apply to the Restricted Share Units, to the extent the Company determines
that such application is necessary or advisable in order to comply with local law or facilitate the administration of the Plan. The Company further reserves the right to impose other requirements on the Grantee’s participation in the Plan and
on the Restricted Share Units, to the extent the Company determines that it is necessary or advisable in order to comply with local law or facilitate the administration of the Plan and to require the Grantee to sign any additional agreements or
undertakings that may be necessary to accomplish the foregoing. 
 Section 2. Issuance of Restricted Share Units. 

 (a) Restricted Share Unit Issuance. Each Restricted Share Unit shall represent the rights with respect to one ordinary
share of the Company. 
 (b) Voting Rights. The Grantee shall not have voting rights with respect to the ordinary shares
underlying the Restricted Share Units until such ordinary shares are delivered to the Grantee in accordance with Section 4. 
 (c) Dividends. All share dividends, if any, that are paid on ordinary shares underlying unvested Restricted Share Units and all share dividends, if any, that are paid on any share dividends relating to such ordinary shares (any such
share dividends, “Share Dividends”) and all cash dividends paid on ordinary

  

 Attachment A-1 

 
shares underlying unvested Restricted Share Units (or on Share Dividends) (“Cash Dividends”) shall be treated as set forth in Section 3(b). 
 (d) Withholding Requirements. The Company may withhold any tax (or other governmental obligation) as a result of the grant, vesting
or settlement of this award as a condition to such grant, vesting or settlement, and the Grantee shall make arrangements satisfactory to the Company to enable it to satisfy all such withholding requirements. 
 Section 3. Certain Restrictions. The following provisions shall apply to each Restricted Share Unit until such Restricted Share
Unit vests in accordance with Section 4: 
 (a) The Restricted Share Units shall not be assigned, sold, transferred or
otherwise be subject to alienation by the Grantee or the Grantee’s spouse. 
 (b) All Share Dividends, all Cash Dividends
and all new, substituted or additional securities or other property (“Additional Property”) that would be payable on the ordinary shares underlying the Restricted Share Units if such ordinary shares were issued and outstanding shall
be notionally credited to the Grantee but retained and held by the Company subject to the same restrictions as the Restricted Share Units to which such Share Dividend, Cash Dividend or Additional Property relates and will be held in custody by the
Company on the same terms as such Restricted Share Units. 
 (c) The holder of such Restricted Share Units shall have no
liquidation rights with respect thereto. 
 (d) In the event that the Grantee’s employment with the Company or the
applicable Subsidiary thereof is terminated by the Company (or the applicable Subsidiary thereof) for Cause or by the Grantee without Good Reason, all then unvested Restricted Share Units (and all Share Dividends, Cash Dividends and Additional
Property related to such unvested Restricted Share Units) shall be forfeited, and all of the Grantee’s rights, or the rights of any spouse of such Grantee, to such unvested Restricted Share Units (and such Share Dividends, Cash Dividends and
Additional Property) shall terminate and all unvested Restricted Share Units shall be redeemed and cancelled by the Company without consideration. 
 (e) In the event that the Grantee’s employment with the Company or the applicable Subsidiary thereof terminates for any reason other than as provided in Section 3(d), the vesting of unvested
Restricted Share Units as of the date of such termination shall be governed by Section (f) of Annex 2 and all unvested Restricted Share Units as of such date of termination which do not become vested as a result of the application of such
Section (f) shall be forfeited by the Grantee and redeemed and cancelled by the Company without consideration. 
  

 Attachment A-2 

 Section 4. Vesting of Restricted Share Units.  
 (a) Vesting. Subject to the provisions of this Agreement, the Restricted Share Units shall vest in accordance with the provisions of
Annex 2. 
 (b) Effect of Vesting. Subject to the provisions of this Agreement, upon the vesting of any Restricted
Share Units: 
 (i) the restrictions referred to in Section 3 shall cease to exist with respect to such
Restricted Share Units; 
 (ii) the Company will cause a certificate or certificates to be issued and delivered
or, if applicable, appropriate book entry measures to be taken for the number of ordinary shares underlying the Restricted Share Units which have so vested, and the number of ordinary shares represented by the Share Dividends, if any, paid with
respect to such Restricted Share Units; and 
 (iii) the Company will cause to be delivered to the Grantee any
Cash Dividends or Additional Property with respect to such vested Restricted Share Units that are held in the custody of the Company. 
 (c) Fully paid. All ordinary shares delivered pursuant to Section 4(b)(ii) shall be issued fully paid up to the nominal value of the ordinary shares and no further money shall be due and owing in respect of the issue of the
ordinary shares. Any money required to pay up such ordinary shares may be received by the Company from a Subsidiary except where this would otherwise be prohibited by section 60 of the Irish Companies Act 1963. 
 Section 5. Adjustment of Shares.  
 In the event of a Recapitalization, the terms of this award (including, without limitation, the number and kind of ordinary shares subject to this award) shall be adjusted as set forth in
Section 14(a) of the Plan. In the event that the Company is a party to a merger or consolidation, this award shall be subject to the agreement of merger or consolidation, as provided in Section 14(b) of the Plan. 
 Section 6. Miscellaneous Provisions.  
 (a) No Rights to Additional Awards or Retention. This award is a one-time discretionary award and nothing in this award or in the Plan shall confer upon the Grantee any claim to be granted future
or additional awards under the Plan. The terms and conditions of this award need not be the same as with respect to other recipients of awards under the Plan. Nothing in this award or in the Plan shall confer upon the Grantee any right to
continue in Service or interfere with or otherwise restrict in any way the rights of the Company (or any Subsidiary employing the Grantee), which rights are hereby expressly reserved by the Company, to terminate the Grantee’s Service at any
time and for any reason, with

  

 Attachment A-3 

 
or without Cause and free from liability or any claim under the Plan unless otherwise expressly provided in the Plan or herein or in any other agreement binding the parties. 
 (b) Notices. Except as otherwise expressly provided herein, all notices, requests and other communications under this Agreement shall
be in writing and shall be delivered in person (by courier or otherwise), mailed by certified or registered mail, return receipt requested, or sent by facsimile transmission, as follows: 
 If to the Company, to: 
 c/o Warner Chilcott (US), LLC 
 100 Enterprise Drive 
 Rockaway, NJ 07866 
 Attention: General Counsel 
 Facsimile: (973) 442-3283 
 If to the Grantee, to the address that he most recently provided to the Company, or, in each case, at such other address or fax number as
such party may hereafter specify for the purpose of notices hereunder by written notice to the other party hereto. All notices, requests and other communications shall be deemed received on the date of receipt by the recipient thereof if received
prior to 5:00 p.m. in the place of receipt and such day is a Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed not to have been received until the next succeeding Business Day in the
place of receipt. Any notice, request or other written communication sent by facsimile transmission shall be confirmed by certified or registered mail, return receipt requested, posted within one Business Day, or by personal delivery, whether by
courier or otherwise, made within two Business Days after the date of such facsimile transmissions; provided that such confirmation mailing or delivery shall not affect the date of receipt, which will be the date that the facsimile
successfully transmitted the notice, request or other communication. 
 (c) Entire Agreement. This Agreement and the Plan
and any other agreements referred to herein and therein and any annexes, attachments and other documents referred to herein or therein, constitute the entire agreement and understanding among the parties hereto in respect of the subject matter
hereof and thereof and supersede all prior and contemporaneous arrangements, agreements and understandings, both oral and written, whether in term sheets, presentations or otherwise, among the parties hereto, or between any of them, with respect to
the subject matter hereof and thereof. 
 (d) Amendment; Waiver. No amendment or modification of any provision of this
Agreement shall be effective unless signed in writing by or on behalf of the Company and the Grantee, except that the Company may amend or modify the Agreement without the Grantee’s consent in accordance with the

  

 Attachment A-4 

 
provisions of the Plan or as otherwise set forth in this Agreement. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or
condition whether of like or different nature. Any amendment or modification of or to any provision of this Agreement, or any waiver of any provision of this Agreement, shall be effective only in the specific instance and for the specific purpose
for which made or given. 
 (e) Assignment. Neither this Agreement nor any right, remedy, obligation or liability arising
hereunder or by reason hereof shall be assignable by the Grantee. 
 (f) Successors and Assigns; No Third Party
Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the Company and the Grantee and their respective heirs, successors, legal representatives and permitted assigns. Nothing in this Agreement, expressed or implied, is
intended to confer on any Person other than the Company and the Grantee, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

 (g) Governing Law, Venue. All issues concerning the construction, validity and interpretation of this Agreement, and
the rights and obligations of the parties hereunder, shall be governed by, and construed in accordance with, the laws of the State of New York applicable to contracts made and performed entirely within such state, without regard to the conflicts of
laws rules of such state. Any legal action or proceeding with respect this Agreement shall be brought in the courts of the United States for the Southern District of New York, and, by delivery and acceptance of this Agreement, each party hereby
irrevocably accepts for itself and in respect of its property, generally and unconditionally, the exclusive jurisdiction of such courts. Each party irrevocably waives any objection which it may now or hereafter have to the laying of venue of the
aforesaid actions or proceedings arising out of or in connection with this Agreement in the courts referred to in this paragraph and hereby further irrevocably waives and agrees not to plead or claim in any such court that any such action or
proceeding brought in any such court has been brought in an inconvenient forum. 
 (h) Waiver of Jury Trial.
The Grantee hereby irrevocably waives all right of trial by jury in any legal action or proceeding (including counterclaims) relating to or arising out of or in connection with this Agreement or any of the transactions or relationships hereby
contemplated or otherwise in connection with the enforcement of any rights or obligations hereunder. 
 (i)
Interpretation. Unless otherwise expressly provided, for purposes of this Agreement, the following rules of interpretation apply: 
 Headings. The division of this Agreement into Sections and other subdivisions and the insertion of headings are for convenience of reference

  

 Attachment A-5 

 
only and do not alter the meaning of, or affect the construction or interpretation of, this Agreement. 
 Section References. All references in this Agreement to any “Section” are to the corresponding Section of
this Agreement. 
 Annexes. Any capitalized terms used in any annex or attachment to this Agreement but
not otherwise defined therein have the meanings set forth in this Agreement or the Plan. 
 (j) Severability. If any
provision of this Agreement is invalid, illegal, or incapable of being enforced by any law, all other provisions of this Agreement remain in full force and effect so long as the economic and legal substance of the transactions contemplated hereby
are not affected in any manner materially adverse to any party. If any provision of this Agreement is held to be invalid, illegal, or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. 
 (k) Grantee Undertaking. The Grantee agrees to take whatever additional action and execute whatever additional documents the Company
may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions imposed on either the Grantee or upon the Restricted Share Units pursuant to the provisions of this Agreement. 
 (l) Plan. The Grantee acknowledges and understands that material definitions and provisions concerning the Restricted Share Units and
the Grantee’s rights and obligations with respect thereto are set forth in the Plan. The Grantee has read carefully, and understands, the provisions of such document. 
 Section 7. Definitions.  
 (a) “Affiliate” means, with respect to any Person, any other Person who, directly or indirectly, controls such first Person or is controlled by said Person or is under common control with
said Person, where “control” means the power and ability to direct, directly or indirectly, or share equally in or cause the direction of, the management and/or policies of a Person, whether through ownership of voting shares or other
equivalent interests of the controlled Person, by contract (including proxy) or otherwise. 
 (b) “Business
Day” means any day except a Saturday, Sunday or other day on which applicable law authorizes or requires the closure of commercial banks in (i) Dublin, Ireland, (ii) New York City or, if applicable, (iii) the place in which
notices, requests or other communications are received or sent by the Grantee. 
  

 Attachment A-6 

 (c) “Cause” has the meaning ascribed to such term in the Grantee’s
employment or severance agreement, or if such Grantee is not a party to an employment or severance agreement or “Cause” is not defined therein, “Cause” means: 
 (i) the conviction of such Grantee of a felony or comparable crime under applicable local law (other than a violation of a
motor vehicle or moving violation law) or conviction of such Grantee of a misdemeanor if such misdemeanor involves moral turpitude; or 
 (ii) voluntary engagement by such Grantee in conduct constituting larceny, embezzlement, conversion or any other act involving the misappropriation of any funds of the Company or any of its Subsidiaries
in the course of such Grantee’s employment; or 
 (iii) the willful refusal (following written notice) by
such Grantee to carry out specific directions of (A) the Company or (B) any of the Company’s Subsidiaries with which such Grantee is employed or of which such Grantee is an officer, which directions are consistent with such
Grantee’s duties to the Company or any of the Company’s Subsidiaries, as the case may be; or 
 (iv)
the material violation by such Grantee of any material provision of any employment, severance or related agreement to which Grantee is party (other than for reasons related only to the business performance of the Company or business results achieved
by such Grantee); or 
 (v) the commission by such Grantee of any act of gross negligence or intentional
misconduct in the performance of such Grantee’s duties as an employee of the Company or any of its Subsidiaries. 
 For
purposes of this definition, no act or failure to act on such Grantee’s part shall be considered to be Cause if done, or omitted to be done, by such Grantee in good faith and with the reasonable belief that the action or omission was in the
best interest of the Company or any of the Company’s Subsidiaries with which such Grantee is employed or of which such Grantee is an officer, as the case may be. 
 (d) “Change of Control” has the meaning ascribed to such term in the Plan. 
 (e) “Disability” has the meaning ascribed to such term in the Grantee’s employment or severance agreement, or if such Grantee is not a party to an employment or severance agreement
or “Disability” is not defined therein, “Disability” has the meaning specified in any long-term disability insurance policy maintained by the Company. 
  

 Attachment A-7 

 (f) “Employee” means any individual who is a common-law employee of the
Company or a Subsidiary thereof. 
 (g) “Good Reason”, with respect to any Grantee who is an employee of the
Company, or any of its Subsidiaries (collectively, the “companies”), has the meaning ascribed to such term in such Grantee’s employment or severance agreement or, if such Grantee is not a party to an employment or severance agreement
or “Good Reason” is not defined therein, “Good Reason” means: 
 (a) the
assignment to the Grantee of duties materially inconsistent with such person’s position (including status, offices, titles and reporting requirements) or any other action by any of the companies which results in a diminution of such
person’s position, authority, duties or responsibilities, or 
 (b) any of the companies requiring the
Grantee to be based at any office or location other than the office or location for which such person was hired; 
 provided, that any event described in clauses (a) or (b) above shall constitute Good Reason only if the relevant company fails to cure such event within 30 days after such company’s receipt from the Grantee of written notice
of the event which constitutes Good Reason; provided further, that Good Reason shall cease to exist for an event on the 90th day following the later of its occurrence or such person’s knowledge thereof, unless such person has given the
relevant company written notice thereof prior to such date. 
 (h) “Person” means an individual, corporation,
limited liability company, partnership, association, trust or other entity or organization. 
 (i) “Service”
means service as an Employee. 
 (j) “Subsidiary” means, with respect to any specified Person, any other Person
in which such specified Person, directly or indirectly through one or more Affiliates or otherwise, beneficially owns at least 50% of either the ownership interest (determined by equity or economic interests) in, or the voting control of, such other
Person. 
  

 Attachment A-8 

 ANNEX 1 
 Additional Terms and Conditions of the Restricted Share Unit Award 
 Agreement for Grants outside the United States 
 This Annex 1 includes additional terms and conditions that govern the
Restricted Share Units granted in the countries identified below. These terms are general in nature and based on the securities, tax and other laws in effect in your country as of February 2010. Such laws are often complex and subject to frequent
change. As such, the Company strongly recommends that you do not rely on this summary as your only source of information relating to the consequences of your Restricted Share Unit Award and participation in the Plan and further that you consult your
personal tax or legal advisors for advice as to how the laws in your country apply to your situation. Finally, note that if you are a citizen or resident of a country other than the one in which you are working in, the information contained below
may not be applicable to you. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement or the Plan. 
 All Restricted Share Unit Awards outside the United States — For awards of Restricted Share Units to Grantees outside the United States, the following additional terms apply: 
  

	A.	Nature of Award. 

  

	 	i.	The Restricted Share Units are an extraordinary item that do not constitute compensation of any kind for services of any kind rendered for the Company or any Affiliate
and which are outside the scope of the Grantee’s employment contract, if any; 

  

	 	ii.	The Restricted Share Units are not intended to replace any pension rights or compensation; 

  

	 	iii.	The Restricted Share Units are not part of fixed, normal or expected compensation, salary or terms of employment for any purposes, including, without limitation,
calculating any severance, resignation, termination , redundancy, dismissal, end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments and in no event should be considered as compensation
for, or relating in any way to, past services for the Company, any Subsidiary employing the Grantee or any Affiliate thereof; and 

  

	 	iv.	Nothing in this Agreement or the Plan shall confer or otherwise give rise to any acquired rights and the Grantee’s acceptance and acknowledgment of this award
shall constitute a waiver of any and all claims to the contrary. 

  

 Annex 1-1 

	B.	Section 4 of the Agreement is amended to include the following additional subsection at the end thereof 

 “(d) In the event of termination of the Grantee’s employment (whether or not in breach of local labor laws), the
Grantee’s right to vest in the Restricted Share Units under the Plan, if any, will, except as expressly provided in this Agreement, Annex 2 or in the Plan, terminate effective as of the date that the Grantee is no longer actively employed and
will not be extended by any notice period (e.g. a period of “garden leave”) mandated under local law. In consideration of the award, the Grantee irrevocably releases the Company (and any Subsidiary employing the Grantee) and any Affiliate
thereof from any claim or entitlement to compensation or damages arising from forfeiture of the Restricted Share Units resulting from termination of the Grantee’s employment. 
  

	C.	Data Privacy. 

 The
Grantee hereby explicitly consents to the collection, processing, transmission and storage, in any form whatsoever, of any data of a professional or personal nature described in this Agreement, the Plan and any other grant materials by and among as
applicable, the Company, a Subsidiary employing the Grantee or any Affiliates thereof that is necessary, in the discretion of the Company, for the purposes of implementing, administering and managing the Grantee’s participation in the Plan. The
Company may share such information with any party located in the United States or elsewhere, including any trustee, registrar, administrative agent, broker, stock plan service provider or any other person assisting the Company with the
implementation, administration, and management of this Restricted Share Unit Award and the Plan. The Grantee thus authorizes the Company and its Affiliates and any possible recipients described herein to receive, possess, use, retain and transfer
the data in electronic or other form, for the sole purpose described herein. The Grantee understands that he or she may refuse or withdraw such consent or authorization without cost by contacting his or her local human resources representative,
provided however, that the Grantee understands that such refusal or withdrawal may affect his or her ability to participate in the Plan. 
  

 Annex 1-2 

 Canada 
  

	 	i.	Section 2(a) of the Agreement is deleted in its entirety and replaced as follows: 

 “(a) Restricted Share Unit Issuance. Each Restricted Share Unit shall represent the right to acquire one
ordinary share of the Company.” 
  

	 	ii.	Section 2(c) of the Agreement is deleted in its entirety and replaced as follows: 

 “(c) Dividends. The Grantee will not be entitled to share or cash dividends, if any, that are paid on any
ordinary shares underlying unvested Restricted Share Units and any and all references in the Agreement to Share Dividends or Cash Dividends shall be of no force or effect.” 
  

	 	iii.	Section 3(b) and Section 4(b)(iii) of the Agreement are each deleted in their entirety. 

  

	 	iv.	Section 6(b) of the Agreement is amended in the case of notices, requests and other communications to the Company under the Agreement by deletion of the address
for the Company in Section 6(b) and the replacement thereof as follows: 

 If to the Company,
to: 
  

	 	v.	Section A of this Annex 1 shall not apply with respect to any Restricted Share Unit granted in Canada. 

  

 Annex 1-3 

 Germany 
 Section 6(b) of the Agreement is amended in the case of notices, requests and other communications to the Company under the Agreement by deletion of the address for the Company in Section 6(b)
and the replacement thereof as follows: 
 If to the Company, to: 
 Netherlands 
 Section 6(b) of the Agreement is amended in the case of notices, requests and other communications to the Company under the Agreement by deletion of the address for the Company in Section 6(b) and the replacement thereof as
follows: 
 If to the Company, to: 
 Spain 
 Section 6(b) of the Agreement is amended in the case of
notices, requests and other communications to the Company under the Agreement by deletion of the address for the Company in Section 6(b) and the replacement thereof as follows: 
 If to the Company, to: 
  

 Annex 1-4 

 Switzerland 
 Section 6(b) of the Agreement is amended in the case of notices, requests and other communications to the Company under the Agreement by deletion of the address for the Company in Section 6(b)
and the replacement thereof as follows: 
 If to the Company, to: 
  

 Annex 1-5 

 ANNEX 2 
 VESTING OF RESTRICTED SHARE UNITS 
 Subject to the terms set forth in the Agreement and the
Plan, the Restricted Share Units vest as follows: 
 (a) 25% of the Restricted Share Units shall vest on the first anniversary
of the Grant Date; 
 (b) 25% of the Restricted Share Units shall vest on the second anniversary of the Grant Date; 

(c) 25% of the Restricted Share Units shall vest on the third anniversary of the Grant Date; 
 (d) 25% of the Restricted Share Units shall vest on the forth anniversary of the Grant Date (the first, second, third and forth anniversary
of the Grant Date each a “Vesting Date”). 
 (e) In connection with a Change of Control, the Restricted Share
Units still subject to vesting shall fully vest immediately prior to the consummation of the Change of Control. 
 (f) If, prior
to a Vesting Date, the Grantee’s employment with the Company or one of its Subsidiaries is terminated due to death or Disability, by the employer without Cause or by the Grantee for Good Reason (the date of such termination of employment, the
“Termination Date”), then a portion of the 25% of the Restricted Share Units which were otherwise due to vest on such Vesting Date shall vest on the Termination Date as follows: 
 (i) If the Termination Date is more than nine (9) months before the next Vesting Date, none of such Restricted Share
Units shall vest; 
 (ii) If the Termination Date is more than six (6) months but no more than nine
(9) months before the next Vesting Date, 25% of such Restricted Share Units shall vest; 
 (iii) If the
Termination Date is more than three (3) months but no more than six (6) months before the next Vesting Date, 50% of such Restricted Share Units shall vest; and 
 (iv) If the Termination Date is three (3) months or less before the next Vesting Date, 75% of such Restricted Share
Units shall vest. 
  

 Annex 2-1

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