Document:

Exhibit 1074a

		
			Exhibit 10.74a
		

		
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			Transition agreement
		

		
			This is a Transition (“Agreement”), entered into on this 20th day of February 2019 between Monro, Inc. (“Monro”), on the one hand, and Matthew E. Naylor, his heirs, executors, administrators, successors, and assigns (collectively referred to throughout this Agreement as “Mr. Naylor”), on the other hand.  Monro and Mr. Naylor shall collectively be referred to herein as the “Parties.”
		

		
			WHEREAS, Mr. Naylor has been an employee of Monro and has notified Monro of his decision to resign his position; and
		

		
			WHEREAS, the Parties desire to enter into an agreement to provide for a period of continuing employment and cooperation to assist with transition activities.
		

		
			NOW THEREFORE, in consideration of the mutual promises, covenants, and conditions set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
		

		
			1.    Continuing Employment.  The Parties agree that Mr. Naylor has voluntarily resigned his employment with Monro and his final day of employment is expected to be April 30, 2019, subject to the provisions set forth below.  The final day of employment with Monro shall be referred to herein as the “Termination Date.”  Until the Termination Date, Mr. Naylor shall continue in his position as the Company’s Chief Operations Officer and to report to the Company’s Chief Executive Officer (the “CEO”).  Until the Termination Date, Mr. Naylor will work to professionally transition his duties and assignments to others at Monro, as directed by the CEO.  
		

		
			2.    Transition Payment.  In consideration of Mr. Naylor’s execution of this Agreement, Monro will to pay Mr. Naylor an amount equal to his regular wages, in accordance with Monro’s regular pay practices, until the Termination Date.  Further, in consideration of Mr. Naylor’s execution of the Release Agreement attached as Schedule A to this Agreement (the “Release”), Monro agrees to pay to Mr. Naylor Thirty-Nine Thousand Hundred Dollars ($39,000), grossed-up for purposes of Mr. Naylor’s tax obligations.  
		

		
			The Transition Payment shall be payable to Mr. Naylor within thirty (30) days of the effective date of the Release.  
		

		
			3.    Release of Claims Required to Receive Transition Payment.  Mr. Naylor understands and agrees that in order to be eligible to receive the Transition Payment under this Agreement, and before any such payment is paid to Mr. Naylor, he must execute and not revoke the Release, which contains a general release of claims and covenant not to sue, following the Termination Date.  Mr. Naylor agrees that signing and not revoking the Release is a condition precedent to receiving the Transition Payment pursuant to this Agreement, and no Transition Payment shall be earned or payable to Mr. Naylor unless and until, following the Termination Date, he has signed and not revoked the Release and has satisfied all conditions to make the Release effective in a timely manner.  
		

		

		

		 

 

		
		

		
			4.    No Further Benefits Except As Provided Herein.  Except as set forth in this Agreement, Mr. Naylor expressly acknowledges that he is not entitled to any other or further compensation, remuneration, benefits, reimbursement, payments, options, stock, or other equity issue of or from Monro.  Nothing in this Agreement affects any vested benefits Mr. Naylor has under any retirement or option plan, as of the Termination Date.  Specifically, on the Termination Date: (A) the option to purchase 14,666 shares of Monro’s Common Stock at a strike price of $53.80 (the “Option”)(issued pursuant to Monro’s Amended and Restated 2007 Stock Incentive Plan (the “Plan”)); and (B) 2,912 shares of Monro’s Common Stock (pursuant to a Restricted Stock Unit grant, dated March 26, 2018), shall vest to Mr. Naylor.  Under the Plan, Mr. Naylor is permitted up to thirty (30) days following his Termination Date to exercise all or any portion of the Option. Monro’s earnings release date is scheduled for May 21, 2019.  Any remaining continuation and/or conversion rights to health or other insurance benefits, if any, will be as provided by the terms and conditions of those plans and applicable law and will follow under separate letter.    For purposes of any 401(k) plan or other retirement plans, the payments under this Agreement do not constitute salary and wages to which employee contribution elections and/or employer match, if any, apply.  Mr. Naylor expressly authorizes Monro to make any authorized or legally mandated deductions or withholdings from any payment described in this Agreement. All such payments may be mailed directly to Mr. Naylor or deposited via direct deposit, at the discretion of Monro.
		

		
			5.    Confidential Information.  Mr. Naylor agrees that all information and know-how, regardless of whether in writing, of a private, secret or confidential nature concerning Monro’s business or financial affairs (collectively, “Confidential Information”) is and shall be the exclusive property of Monro and will not use or disclose to any person or entity or aid others in obtaining or using any such information.  By way of illustration, but not limitation, Confidential Information may include inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, plans, research data, financial data, personnel data, computer programs, computer software or code, information about actual or prospective customers, supplier lists and any other confidential business information.  Mr. Naylor will not disclose, at any time, any Confidential Information to others outside Monro or use the same for any unauthorized purposes without prior written approval by an officer of Monro unless and until such Confidential Information has become public knowledge without fault by Mr. Naylor.  Accordingly, Mr. Naylor agrees to keep confidential any trade secret, business or Confidential Information which Mr. Naylor acquired during his employment with Monro, including, but not limited to, any Monro marketing, technology, customer, or sales information, plans, or strategies.  This is intended to cover any information of a nature not normally disclosed by Monro to the general public.  If required by a valid court-issued subpoena, Mr. Naylor may disclose Confidential Information provided that he gives written notice of such subpoena to Monro within 48 hours of receipt of such subpoena.  
		

		
			6.    Duty to Cooperate.  Mr. Naylor agrees that, in the event Monro is or becomes a party or witness to any actual or threatened legal proceeding regarding any matter that arose, concerns or occurred during the term of his employment with Monro, he shall make himself reasonably available to and cooperate with Monro and its counsel in such proceedings.    Mr. Naylor further agrees to answer any practical administration questions which may arise and to make himself reasonably available to assist Monro in its transition following his employment and to 
		

		

		

		 

 

		
		

		
			cooperate with any other reasonable request by Monro which may require his services after the ending of his employment.  The Parties agree that, for purposes of this paragraph only, the transition period shall be six (6) months following the last day of employment.  Mr. Naylor will not seek or be entitled to any additional compensation for such assistance or cooperation.
		

		
			7.    Governing Law and Interpretation.  This Agreement shall be governed and conformed in accordance with the laws of the State of New York without regard to its conflict of laws provision.  In the event of a breach of any provision of this Agreement, either party may institute an action specifically to enforce any term or terms of this Agreement and/or to seek any damages for breach.  Should any provision of this Agreement be declared illegal or unenforceable by any court of competent jurisdiction and cannot be modified to be enforceable, excluding the general release language, such provision shall immediately become null and void, leaving the remainder of this Agreement in full force and effect.  
		

		
			8.    Amendment.  This Agreement may not be modified, altered or changed except in writing and signed by both Parties wherein specific reference is made to this Agreement.
		

		
			9.    Entire Agreement.  This Agreement sets forth the entire agreement between the Parties hereto, and fully supersedes any prior agreements or understandings between the Parties.  Mr. Naylor acknowledges that he has not relied on any representations, promises, or agreements of any kind made to him in connection with his decision to accept this Agreement, except for those set forth in this Agreement.
		

		
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			The Parties knowingly and voluntarily sign this Agreement as of the date(s) set forth below:
		

		
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						Monro, Inc.

					
					
						 

				
	
					
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						By:

					
					
						/s/

					
					
						Mattew Evan Naylor

					
					
						 

					
					
						By:

					
					
						/s/

					
					
						Maureen E. Mulholland

					
					
						 

				
	
					
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						Matthew E. Naylor

					
					
						 

					
					
						 

					
					
						 

					
					
						Maureen E. Mulholland

					
					
						 

				
	
					
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						Senior Vice President –

					
					
						 

				
	
					
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						General Counsel and Secretary

					
					
						 

				
	
					
						Date: 2/20/19

					
					
						 

					
					
						Date: 2/20/19

					
					
						 

				

		
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		SCHEUDLE A
		

		
			General Release Agreement
		

		
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			I, Matthew E. Naylor, acknowledge that in connection with the consideration to be provided by Monro, Inc. (“Monro”) under the Transition Agreement  (“Transition Agreement”) entered into between me and Monro, I hereby agree to be bound by the terms of this General Release Agreement (“Agreement”), as follows:
		

		
			1.    General Release Agreement Condition To Payment:  I acknowledge that the promises I am providing in this Agreement are a material inducement and consideration for Monro entering into the Transition Agreement, to which this Agreement is attached.  I acknowledge that, in connection with the Transition Agreement, I am receiving from Monro substantial benefits, which benefits constitute substantial and adequate consideration for this Agreement.  I understand and agree that I am entitled to the Transition Payment (as defined in the Transition Agreement) only if I accept and sign and do not revoke this Agreement and return it to Monro in a timely manner.  I agree that my final day of employment with Monro was April 30, 2109 (hereafter, “Termination Date”).
		

		
			2.    No Further Benefits.  I expressly admit, agree, and acknowledge that I am not entitled to certain of the benefits described in the Transition Agreement unless I sign this Agreement and fulfill all of the promises contained herein.  I further expressly admit, agree and acknowledge that I am not entitled to any other or further compensation, remuneration, benefits, reimbursement, payments, options, stock, or other equity issue of or from Monro.  
		

		
			3.    General Release, Claims Not Released and Related Provision
		

		
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			a.    General Release of All Claims.  I knowingly and voluntarily release and forever discharge Monro Inc., its parent corporation, affiliates, subsidiaries, divisions, predecessors, insurers, successors and assigns, and their current and former employees, attorneys, officers, directors and agents thereof, both individually and in their business capacities, and their employee benefit plans and programs and their administrators and fiduciaries (collectively referred to throughout the remainder of this Agreement as “Releasees”), of and from any and all claims, known and unknown, asserted or unasserted, which I have or may have against Releasees as of the date of execution of this Agreement.  This is a General Release.  By signing this Agreement, I am agreeing to forego all claims or potential claims against Monro and the Releasees.  I expressly acknowledge that this General Release includes, but is not limited to, any claims arising out of or relating in any way to my employment with Monro, the ending of my employment with Monro, and all issues raised or which could have been raised in any litigation against Monro and/or the Releasees, including, but not limited to, any alleged violation of:
		

		
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			Title VII of the Civil Rights Act of 1964;

			
	
			
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			Sections 1981 through 1988 of Title 42 of the United States Code;

			
	
			
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			The Employee Retirement Income Security Act of 1974 (“ERISA”) (as modified below);

			
	
			
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			The Immigration Reform and Control Act;

			
	
			
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			The Americans with Disabilities Act of 1990;

		

		

		 

		

			 

		

 

		
		

			
	
			
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			The Occupational Safety and Health Act;

			
	
			
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			The Age Discrimination in Employment Act of 1967 (“ADEA”);

			
	
			
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			The Worker Adjustment and Retraining Notification Act;

			
	
			
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			The Fair Credit Reporting Act;

			
	
			
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			The Family and Medical Leave Act;

			
	
			
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			The Equal Pay Act;

			
	
			
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			The Genetic Information Nondiscrimination Act of 2008; 

			
	
			
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			The New York Labor Laws;

			
	
			
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			The New York Human Rights Laws;

			
	
			
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			New York Civil Rights Law §§ 70-a and 76-a;

			
	
			
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			The New York State Lawful Activities Act (section 201-d of the  New York Labor Law);

			
	
			
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			any other federal, state or local law, rule, regulation, or ordinance; 

			
	
			
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			any public policy, contract, tort, or common law; or

			
	
			
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			any basis for recovering costs, fees, or other expenses including attorneys’ fees incurred in these matters.

		
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			b.    Further Description of General Release.    I expressly acknowledge that my General Release of Monro and the Releasees includes, but is not limited to, any claims constituting or based on tort, contract, implied contract, defamation, libel, slander, intentional infliction of emotional distress, wrongful or abusive discharge, negligence, interference with contract or employment, assault and battery, personal injury, whistle-blowing, implied covenant of good faith and fair dealing, fraud, stock fraud, equity, any short-term or long-term disability benefits plan, intellectual property, spoliation of evidence, statute or common law, severance pay, equity compensation and/or fringe benefits, attorneys’ fees, vacation pay, bonus, sales commissions, debts, accounts, compensatory damages, punitive or exemplary damages, expense reimbursement, or liquidated damages, arbitration claims, claims under any local, state or federal law, wage and hour law, wage collection law or labor relations law, and any claims of discrimination or harassment on the basis of age, race, sex, religion, disability, pregnancy, sexual orientation, national origin, ancestry, citizenship, retaliation or any other claim under any federal, state or local employment-related, human rights, civil rights, or employment discrimination statute, rule, regulation or ordinance.
		

		
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			c.    Release of Unknown Claims.    I understand and agree that the claims released herein by me are intended to and do include any and all claims of every nature and kind whatsoever, known or unknown, suspected or unsuspected, which I have or may have against any person or entity I released above and I expressly consent that this Agreement shall be given full force and effect according to each and all of its expressed terms and Provision, including as well those relating to unknown and unspecified claims, charges, demands, suits, actions, causes of action and debts, if any, and those relating to any other claims, charges, demands, suits, actions, causes of action and debts hereinabove specified.  I acknowledge that I am aware that I may hereafter discover claims or facts in addition to, or different from, those which I now know or believe to exist with respect to the subject matter covered by this Agreement and which, if known or suspected at the time of executing this Agreement, may have materially affected this Agreement or my decision to enter into it.  Nevertheless, I hereby waive any rights, claims or causes of action that might arise as a result of such different or additional claims or facts. 
		

		

		

		 

		

			 

		

 

		
		

		
			d.    Claims Not Released.  I am not waiving any rights I may have to: (a) my own vested accrued employee benefits under Monro’s health, welfare, or retirement benefit plans as of the date of my execution of this Agreement; (b) benefits and/or the right to seek benefits under applicable workers’ compensation and/or unemployment compensation statutes; (c) pursue claims which by law cannot be waived by signing this Agreement; (d) enforce this Agreement; and/or (e) challenge the validity of this Agreement.  
		

		
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			e.    Governmental Agencies.  Nothing in this Agreement prohibits or prevents me from filing a charge with or participating, testifying, or assisting in any investigation, hearing, or other proceeding before any federal, state, or local government agency.  However, to the maximum extent permitted by law, I agree that if such an administrative claim is made, I shall not be entitled to recover any individual monetary relief or other individual remedies.
		

		
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			f.    Collective/Class Action Waiver.  If any claim is not subject to release, to the extent permitted by law, I waive any right or ability to be a class or collective action representative or to otherwise participate in any putative or certified class, collective or multi-party action or proceeding based on such a claim in which Monro or any other Releasee identified in this Agreement is a party.
		

		
			4.    Acknowledgments and Affirmations.  
		

		
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			I affirm that I have not filed, caused to be filed, or presently am a party to any claim against Monro. I also affirm that I have been paid and/or have received all compensation, wages, bonuses, commissions, and/or benefits which are due and payable as of the date I sign this Agreement.  
		

		
			I affirm that I have been granted or will be granted up to the date I sign this Agreement any leave to which I was entitled under the Family and Medical Leave Act or related state or local leave or disability accommodation laws.    I further affirm that I have no known workplace injuries or occupational diseases.  
		

		
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			I also affirm that I have not divulged any proprietary or confidential information of Monro and will continue to maintain the confidentiality of such information consistent with Monro’s policies and my agreement(s) with Monro and/or common law. 
		

		
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			I further affirm that I have not been retaliated against for reporting any allegations of wrongdoing by Monro or its officers, including any allegations of corporate fraud.  
		

		
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			I affirm that all of Monro’s decisions regarding my pay and benefits through the date of my execution of this Agreement were not discriminatory based on age, disability, race, color, sex, religion, national origin or any other classification protected by law.
		

		
			5.    Limited Disclosure.  I agree not to disclose any information regarding the underlying facts leading up to or the existence or substance of this Agreement, except to my 
		

		

		

		 

		

			 

		

 

		
		

		
			spouse, tax advisor, an attorney with whom I choose to consult regarding my consideration of this Agreement and/or to any federal, state, or local government agency. 
		

		
			6.    Confidential Information.  I agree that all information and know-how, regardless of whether in writing, of a private, secret or confidential nature concerning Monro’s business or financial affairs (collectively, “Confidential Information”) is and shall be the exclusive property of Monro and will not use or disclose to any person or entity or aid others in obtaining or using any such information.  By way of illustration, but not limitation, Confidential Information may include inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, plans, research data, financial data, personnel data, computer programs, computer software or code, information about actual or prospective customers, supplier lists and any other confidential business information.  I will not disclose, at any time, any Confidential Information to others outside Monro or use the same for any unauthorized purposes without prior written approval by an officer of Monro unless and until such Confidential Information has become public knowledge without fault by me.  Accordingly, I agree to keep confidential any trade secret, business or Confidential Information which I acquired during my employment with Monro, including, but not limited to, any Monro marketing, technology, customer, or sales information, plans, or strategies.  This is intended to cover any information of a nature not normally disclosed by Monro to the general public.  If required by a valid court-issued subpoena, I may disclose Confidential Information provided that I give written notice of such subpoena to Monro within 48 hours of receipt of such subpoena.  
		

		
			7.    Duty to Cooperate.  I agree that, in the event Monro is or becomes a party or witness to any actual or threatened legal proceeding regarding any matter that arose, concerns or occurred during the term of my employment with Monro, I shall make myself reasonably available to and cooperate with Monro and its counsel in such proceedings, without further payment or compensation.    I further agree to answer any practical administration questions which may arise and to make myself reasonably available to assist Monro in its transition following my employment and to cooperate with any other reasonable request by Monro which may require my services after the ending of my employment.  The Parties agree that, for the purpose of this paragraph, the transition period shall be six (6) months following the last day of employment.  I will not seek or be entitled to any additional compensation for such assistance or cooperation.
		

		
			8.    Non-Disparagement.  I agree not to take any action or make any statements that criticize, ridicule, disparage or are otherwise derogatory to Monro or any of the Releasees or any of their respective employees, services, reputations, officers, financial status or businesses, or that damage Monro or any of the Releasees in any of their respective business relationships, or encourage the making of such statement or the taking of such actions by someone else.  Monro and its officers agree to do the same.
		

		
			9.    Breach. If at any time, I breach any term of this Agreement, Monro’s obligation to make any further payments to me pursuant to this Agreement ceases immediately and Monro is relieved of any further obligations under this Agreement.    
		

		
			10.    Governing Law and Interpretation.  This Agreement shall be governed and conformed in accordance with the laws of the State of New York without regard to its conflict of laws provision.  In the event of a breach of any provision of this Agreement, either party may 
		

		

		

		 

		

			 

		

 

		
		

		
			institute an action specifically to enforce any term or terms of this Agreement and/or to seek any damages for breach.  Should any provision of this Agreement be declared illegal or unenforceable by any court of competent jurisdiction and cannot be modified to be enforceable, excluding the general release language, such provision shall immediately become null and void, leaving the remainder of this Agreement in full force and effect.  
		

		
			11.    Nonadmission of Wrongdoing.  The Parties agree that neither this Agreement nor the furnishing of the consideration for this Agreement shall be deemed or construed at any time for any purpose as an admission by Releasees of wrongdoing or evidence of any liability or unlawful conduct of any kind.
		

		
			12.    Amendment.  This Agreement may not be modified, altered or changed except in writing and signed by both Parties wherein specific reference is made to this Agreement.
		

		
			13.    Entire Agreement.  This Agreement sets forth the entire agreement between the Parties hereto, and fully supersedes any prior agreements or understandings between the Parties.  I acknowledge that I have not relied on any representations, promises, or agreements of any kind made to me in connection with my decision to accept this Agreement, except for those set forth in this Agreement.
		

		
			I AM ADVISED THAT I HAVE UP TO TWENTY-ONE (21) CALENDAR DAYS TO CONSIDER THIS AGREEMENT.  I ALSO AM ADVISED TO CONSULT WITH AN ATTORNEY PRIOR TO MY SIGNING OF THIS AGREEMENT.
		

		
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			I MAY REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN (7) CALENDAR DAYS FOLLOWING THE DAY I SIGN THIS AGREEMENT.  ANY REVOCATION WITHIN THIS PERIOD MUST BE SUBMITTED, IN WRITING, TO maureen mulholland, senior Vice President – general counsel and secretary, AND STATE, “I HEREBY REVOKE MY ACCEPTANCE OF OUR AGREEMENT.”  THE REVOCATION MUST BE PERSONALLY DELIVERED TO MS. mulholland, OR HER DESIGNEE, OR MAILED TO maureen mulholland, senior Vice President – general counsel and secretary, Monro Inc., 200 Holleder Parkway, Rochester, NY 14615 AND POSTMARKED WITHIN SEVEN (7) CALENDAR DAYS AFTER I SIGN THIS AGREEMENT.  ACCORDINGLY, THE EFFECTIVE DATE OF THIS AGREEMENT SHALL BE THE EIGHTH DAY FOLLOWING MY SIGNING OF THIS AGREEMENT, PROVIDED I HAVE NOT REVOKED THE AGREEMENT PREVIOUSLY AND HAVE TIMELY RETURNED THE SIGNED AGREEMENT.
		

		
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			I AGREE THAT ANY MODIFICATIONS, MATERIAL OR OTHERWISE, MADE TO THIS AGREEMENT, DO NOT RESTART OR AFFECT IN ANY MANNER THE ORIGINAL UP TO TWENTY-ONE (21) CALENDAR DAY CONSIDERATION PERIOD.  
		

		

		

		 

		

			 

		

 

		
		

		
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			I FREELY AND KNOWINGLY, AND AFTER DUE CONSIDERATION, ENTER INTO THIS AGREEMENT INTENDING TO WAIVE, SETTLE AND RELEASE ALL CLAIMS I HAVE OR MIGHT HAVE AGAINST RELEASEES.
		

		
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						With respect only to Sections 8-13:

					
					
						 

				
	
					
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						Monro, Inc.

					
					
						 

				
	
					
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						By:

					
					
						/s/

					
					
						Mattew Evan Naylor

					
					
						 

					
					
						By:

					
					
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						Maureen E. Mulholland

					
					
						 

				
	
					
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						Matthew E. Naylor

					
					
						 

					
					
						 

					
					
						 

					
					
						Maureen E. Mulholland

					
					
						 

				
	
					
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						Senior Vice President –

					
					
						 

				
	
					
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						General Counsel and Secretary

					
					
						 

				
	
					
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						Date: 5/1/19

					
					
						 

				

		
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			﻿Exhibit 10.1

 

RANPAK
HOLDINGS CORP.

2019 OMNIBUS INCENTIVE PLAN

 

Section
1. Purpose. The purpose of the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan (as amended from time to time, the “Plan”)
is to motivate and reward employees and other individuals to perform at the highest level and contribute significantly to the
success of Ranpak Holdings Corp. (the “Company”), thereby furthering the best interests of the Company and
its shareholders.

 

Section
2. Definitions. As used in the Plan, the following terms shall have the meanings set forth below:

 

(a)
“Affiliate” means any entity that, directly or indirectly through one or more intermediaries controls, is controlled
by or is under common control with, the Company.

 

(b)
“Award” means any Option, SAR, Restricted Stock, RSU, Performance Award, Other Cash-Based Award or Other Stock-Based
Award granted under the Plan.

 

(c)
“Award Agreement” means any agreement, contract or other instrument or document (including in electronic form)
evidencing any Award granted under the Plan, which may, but need not, be executed or acknowledged by a Participant.

 

(d)
“Beneficial Owner” has the meaning ascribed to such term in Rule 13d-3 under the Exchange Act.

 

(e)
“Beneficiary” means a Person entitled to receive payments or other benefits or exercise rights that are available
under the Plan in the event of the Participant’s death. If no such Person can be named or is named by the Participant, or
if no Beneficiary designated by such Participant is eligible to receive payments or other benefits or exercise rights that are
available under the Plan at the Participant’s death, such Participant’s Beneficiary shall be such Participant’s
estate.

 

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

 

(g)
“Cause” has the meaning set forth in the Participant’s employment or service agreement with the Company
or its Subsidiary, if any, or if not so defined, and unless otherwise provided in an Award Agreement, means the Participant’s:
(i) willful and continued refusal to perform his or her duties and responsibilities to the Company; (ii) engaging in gross negligence
or willful misconduct in connection with the Company or its Subsidiaries; (iii) breach of any restrictive covenant with the Company
or any Subsidiary, or material violation of any policy of the Company or any Subsidiary (including policies relating to sexual
harassment); (iv) engaging in misconduct or actions that could reasonably be expected to have an adverse effect upon the business,
interests or reputation of the Company or any Subsidiary; (v) commission of fraud, embezzlement, theft, or other material dishonesty
with respect to the Company or any Subsidiary; or (vi) conviction of, or plea of nolo contendere to (x) any felony or (y) any
other crime involving dishonesty or moral turpitude; provided, however, that for purposes of clauses (i), (iii) and (iv), Cause
shall not exist unless the Company has given the Participant notice of the circumstances giving rise to Cause and the Participant
has not cured such circumstances (if curable) within ten days after receipt of such notice.

 

     

     

    

 

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

 

(i)
any Person, other than any Non-Change in Control Person, is (or becomes, during any 12-month period) the Beneficial Owner, directly
or indirectly, of securities of the Company (not including in the securities beneficially owned by such Person any securities
acquired directly from the Company or its Affiliates other than in connection with the acquisition by the Company or its Affiliates
of a business) representing 50% or more of the total voting power of the stock of the Company; provided that the provisions
of this subsection (i) are not intended to apply to or include as a Change in Control any transaction that is specifically excepted
from the definition of Change in Control under subsection (ii) below;

 

(ii)
the consummation of a merger or consolidation of the Company with any other corporation or other entity, or the issuance of voting
securities in connection with a merger or consolidation of the Company pursuant to applicable stock exchange requirements; provided
that immediately following such merger or consolidation the voting securities of the Company outstanding immediately prior
thereto do not continue to represent (either by remaining outstanding or by being converted into voting securities of the surviving
entity of such merger or consolidation or parent entity thereof) 50% or more of the total voting power of the Company’s
stock (or, if the Company is not the surviving entity of such merger or consolidation, 50% or more of the total voting power of
the stock of such surviving entity or parent entity thereof); and provided, further, that a merger or consolidation
effected to implement a recapitalization of the Company (or similar transaction) in which no Person is or becomes the Beneficial
Owner, directly or indirectly, of securities of the Company (not including in the securities beneficially owned by such Person
any securities acquired directly from the Company or its Affiliates other than in connection with the acquisition by the Company
or its Affiliates of a business) representing 50% or more of either the then-outstanding Shares or the combined voting power of
the Company’s then-outstanding voting securities shall not be considered a Change in Control; or

 

(iii)
the sale or disposition by the Company of all or substantially all of the Company’s assets in which any Person acquires
(or has acquired during the 12-month period ending on the date of the most recent acquisition by such Person) assets from the
Company that have a total gross fair market value equal to more than 50% of the total gross fair market value of all of the assets
of the Company immediately prior to such acquisition or acquisitions.

 

    2

     

    

 

Notwithstanding
the foregoing, (A) no Change in Control shall be deemed to have occurred if there is consummated any transaction or series of
integrated transactions immediately following which the record holders of the Shares immediately prior to such transaction or
series of transactions continue to have substantially the same proportionate ownership in an entity which owns substantially all
of the assets of the Company immediately prior to such transaction or series of transactions, (B) no event or circumstances described
in any of clauses (i) through (iii) above shall constitute a Change in Control unless such event or circumstances also constitute
a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the Company’s
assets, as defined in Section 409A of the Code and (C) no Change in Control shall be deemed to have occurred upon the acquisition
of additional control of the Company by any Person that is considered to effectively control the Company. In no event will a Change
in Control be deemed to have occurred if any Participant is part of a “group” within the meaning of Section 13(d)(3)
of the Exchange Act that effects a Change in Control. Terms used in the definition of a Change in Control shall be as defined
or interpreted in a manner consistent with Section 409A of the Code.

 

(i)
“Code” means the Internal Revenue Code of 1986, as amended from time to time, and the rules, regulations and
guidance thereunder. Any reference to a provision in the Code shall include any successor provision thereto.

 

(j)
“Committee” means the compensation committee of the Board unless another committee is designated by the Board.
If there is no compensation committee of the Board and the Board does not designate another committee, references herein to the
“Committee” shall refer to the Board.

 

(k)
“Consultant” means any individual, including an advisor, who is providing services to the Company or any Subsidiary
or who has accepted an offer of service or consultancy from the Company or any Subsidiary.

 

(l)
“Director” means any member of the Board.

 

(m)
“Effective Date” means February 20, 2019.

 

(n)
“Employee” means any individual, including any officer, employed by the Company or any Subsidiary or any prospective
employee or officer who has accepted an offer of employment from the Company or any Subsidiary, with the status of employment
determined based upon such factors as are deemed appropriate by the Committee in its discretion, subject to any requirements of
the Code or applicable laws.

 

(o)
“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and the rules, regulations
and guidance thereunder. Any reference to a provision in the Exchange Act shall include any successor provision thereto.

 

(p)
“Fair Market Value” means, unless otherwise determined by the Committee, (i) with respect to Shares, the closing
price of a Share on the date on which Awards are granted, on the principal stock market or exchange on which the Shares are quoted
or traded, or if Shares are not so quoted or traded, the fair market value of a Share as determined by the Committee, and (ii)
with respect to any property other than Shares, the fair market value of such property determined by such methods or procedures
as shall be established from time to time by the Committee.

 

    3

     

    

 

(q)
“Incentive Stock Option” means an option representing the right to purchase Shares from the Company, granted
pursuant to the provisions of ‎Section 6, that meets the requirements of Section 422 of the Code.

 

(r)
“Non-Change in Control Person” means (i) any employee plan established by the Company or any Subsidiary, (ii)
the Company or any of its Affiliates, (iii) an underwriter temporarily holding securities pursuant to an offering of such securities,
(iv) a corporation owned, directly or indirectly, by stockholders of the Company in substantially the same proportions as their
ownership of the Company; or (v) One Madison Group LLC, a Delaware limited liability company, or any successor thereto.

 

(s)
“Non-Qualified Stock Option” means an option representing the right to purchase Shares from the Company, granted
pursuant to ‎Section 6, that is not an Incentive Stock Option.

 

(t)
“Option” means an Incentive Stock Option or a Non-Qualified Stock Option.

 

(u)
“Other Cash-Based Award” means an Award granted pursuant to ‎Section 11, including
cash awarded as a bonus or upon the attainment of specified service or performance criteria or otherwise as permitted under the
Plan.

 

(v)
“Other Stock-Based Award” means an Award granted pursuant to ‎Section 11 that may
be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Shares or factors
that may influence the value of Shares, including convertible or exchangeable debt securities, other rights convertible or exchangeable
into Shares, purchase rights for Shares, dividend rights or dividend equivalent rights or Awards with value and payment contingent
upon service with performance of the Company, its Subsidiaries or business units thereof or any other factors designated by the
Committee.

 

(w)
“Participant” means the recipient of an Award granted under the Plan.

 

(x)
“Performance Award” means an Award granted pursuant to ‎Section 10.

 

(y)
“Performance Period” means the period established by the Committee with respect to any Performance Award during
which the performance goals specified by the Committee with respect to such Award are to be measured.

 

(z)
“Person” has the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections
13(d) and 14(d) thereof, including a “group” as defined in Section 13(d) thereof.

 

(aa)
“Restricted Stock” means any Share subject to certain restrictions and forfeiture conditions, granted pursuant
to ‎Section 8.

 

    4

     

    

 

(bb)
“RSU” means a contractual right granted pursuant to ‎Section 9 that is denominated in Shares.
Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination
thereof. Awards of RSUs may include the right to receive dividend equivalents.

 

(cc)
“SAR” means any right granted pursuant to ‎Section 7 to receive upon exercise by the
Participant or settlement, in cash, Shares or a combination thereof, the excess of (i) the Fair Market Value of one Share
on the date of exercise or settlement over (ii) the exercise or hurdle price of the right on the date of grant.

 

(dd)
“SEC” means the Securities and Exchange Commission.

 

(ee)
“Share” means a share of the Company’s Class A common stock, $0.0001 par value.

 

(ff)
“Subsidiary” means an entity of which the Company, directly or indirectly, holds all or a majority of the value
of the outstanding equity interests of such entity or a majority of the voting power with respect to the voting securities of
such entity. Whether employment by or service with a Subsidiary is included within the scope of this Plan shall be determined
by the Committee.

 

(gg)
“Substitute Award” means an Award granted in assumption of, or in substitution for, an outstanding award previously
granted by a company or other business acquired by the Company or with which the Company combines.

 

(hh)
“Termination of Service” means, in the case of a Participant who is an Employee, cessation of the employment
relationship such that the Participant is no longer an employee of the Company or any Subsidiary, or, in the case of a Participant
who is a Consultant or non-employee Director, the date the performance of services for the Company or any Subsidiary has ended;
provided, however, that in the case of a Participant who is an Employee, the transfer of employment from the Company
to a Subsidiary, from a Subsidiary to the Company, from one Subsidiary to another Subsidiary or, unless the Committee determines
otherwise, the cessation of employee status but the continuation of the performance of services for the Company or a Subsidiary
as a Director or Consultant shall not be deemed a cessation of service that would constitute a Termination of Service; provided,
further, that a Termination of Service shall be deemed to occur for a Participant employed by a Subsidiary when a Subsidiary
ceases to be a Subsidiary unless such Participant’s employment continues with the Company or another Subsidiary. Notwithstanding
the foregoing, with respect to any Award subject to Section 409A of the Code (and not exempt therefrom), a Termination of Service
occurs when a Participant experiences a “separation of service” (as such term is defined under Section 409A of the
Code).

 

    5

     

    

 

Section
3. Eligibility.

 

(a)
Any Employee, Director or Consultant shall be eligible to be selected to receive an Award under the Plan, to the extent that an
offer of an Award or a receipt of such Award is permitted by applicable law, stock market or exchange rules and regulations or
accounting or tax rules and regulations.

 

(b)
Holders of options and other types of awards granted by a company or other business that is acquired by the Company or with which
the Company combines are eligible for grants of Substitute Awards under the Plan to the extent permitted under applicable regulations
of any stock exchange on which the Company is listed.

 

Section
4. Administration.

 

(a)
Administration of the Plan. The Plan shall be administered by the Committee. All decisions of the Committee shall be final,
conclusive and binding upon all parties, including the Company, its shareholders, Participants and any Beneficiaries thereof.
The Committee may issue rules and regulations for administration of the Plan.

 

(b)
Delegation of Authority. To the extent permitted by applicable law, including under Section 157(c) of the Delaware General
Corporation Law, the Committee may delegate to one or more officers of the Company some or all of its authority under the Plan,
including the authority to grant Options and SARs or other Awards in the form of Share rights (except that such delegation shall
not be applicable to any Award for a Person then covered by Section 16 of the Exchange Act), and the Committee may delegate
to one or more committees of the Board (which may consist of solely one Director) some or all of its authority under the Plan,
including the authority to grant all types of Awards, in accordance with applicable law.

 

(c)
Authority of Committee. Subject to the terms of the Plan and applicable law, the Committee (or its delegate) shall have
full discretion and authority to: (i) designate Participants; (ii) determine the type or types of Awards (including
Substitute Awards) to be granted to each Participant under the Plan; (iii) determine the number of Shares to be covered by
(or with respect to which payments, rights or other matters are to be calculated in connection with) Awards; (iv) determine
the terms and conditions of any Award and prescribe the form of each Award Agreement which need not be identical for each Participant;
(v) determine whether, to what extent and under what circumstances Awards may be settled or exercised in cash, Shares, other Awards,
other property, net settlement, or any combination thereof, or canceled, forfeited or suspended, and the method or methods by
which Awards may be settled, exercised, canceled, forfeited or suspended; (vi) determine whether, to what extent and under what
circumstances cash, Shares, other Awards, other property and other amounts payable with respect to an Award under the Plan shall
be deferred either automatically or at the election of the holder thereof or of the Committee; (vii) determine whether, to
what extent, and/or under what circumstances the vesting of an Award will be accelerated; (viii) amend terms or conditions of
any outstanding Awards; (ix) correct any defect, supply any omission and reconcile any inconsistency in the Plan or any Award,
in the manner and to the extent it shall deem desirable to carry the Plan into effect; (x) interpret and administer the Plan and
any instrument or agreement relating to, or Award made under, the Plan; (xi) establish, amend, suspend or waive such rules and
regulations and appoint such agents, trustees, brokers, depositories and advisors and determine such terms of their engagement
as it shall deem appropriate for the proper administration of the Plan and due compliance with applicable law, stock market or
exchange rules and regulations or accounting or tax rules and regulations; and (xii) make any other determination and take
any other action that the Committee deems necessary or desirable for the administration of the Plan and due compliance with applicable
law, stock market or exchange rules and regulations or accounting or tax rules and regulations. Notwithstanding anything to the
contrary contained herein, the Board may, in its sole discretion, at any time and from time to time, grant Awards or administer
the Plan. In any such case, the Board shall have all of the authority and responsibility granted to the Committee herein.

 

    6

     

    

 

Section
5. Shares Available for Awards.

 

(a)
Subject to adjustment as provided in ‎‎‎Section 5(e) and except for Substitute Awards, the maximum
number of Shares available for issuance under the Plan shall not exceed in the aggregate [_]1 Shares.

 

(b)
If any Award is forfeited, cancelled, expires, terminates or otherwise lapses or is settled in cash, in whole or in part, without
the delivery of Shares, then the Shares covered by such forfeited, expired, terminated or lapsed Award shall again be available
for issuance under the Plan. In addition, any Shares withheld in respect of taxes paid or payable with respect to any Award other
than an Option or SAR shall again be available for issuance under the Plan. The following will not again become available for
issuance under the Plan: (i) any Shares withheld in respect of taxes paid or payable in respect of any Option or SAR; (ii) any
Shares tendered or withheld to pay the exercise price of Options; (iii) any Shares underlying a SAR that are not issued upon settlement
of such SAR; and (iv) any Shares reacquired by the Company on the open market or otherwise using cash proceeds from the exercise
of Options.

 

(c)
No Participant who is a non-employee Director may receive under the Plan, as compensation for services as a Director in any calendar
year Awards with a Fair Market Value as of the grant date, taken together with any cash fees paid to such Director, of more than
$500,000 (as determined in accordance with applicable accounting standards); provided that the foregoing limits shall not
apply to compensation received by a non-Employee Director for other services as a consultant or otherwise to the Company or its
Subsidiaries that is not intended to be compensation for service as a Director on the Board.

 

(d)
Subject to adjustment as provided in ‎Section 5(e), the maximum number of Shares available for issuance
with respect to Incentive Stock Options shall be [___]2.

 

 

 

 

	1	Number of shares shall be equal to 8% of Class A common stock then outstanding, including shares authorized under this Omnibus
Incentive Plan.

	2	Insert number of shares subject to the plan in 5(a).

 

    7

     

    

 

(e)
In the event that the Committee determines that, as a result of any dividend or other distribution (other than an ordinary dividend
or distribution), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, separation, rights
offering, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants
or other rights to purchase Shares or other securities of the Company, issuance of Shares pursuant to the anti-dilution provisions
of securities of the Company, or other similar corporate transaction or event affecting the Shares, or of changes in applicable
laws, regulations or accounting principles, an adjustment is appropriate in order to prevent dilution or enlargement of the benefits
or potential benefits intended to be made available under the Plan, then the Committee shall, subject to compliance with Section
409A of the Code and other applicable law, adjust equitably so as to ensure no undue enrichment or harm (including by payment
of cash), any or all of:

 

(i)
the number and type of Shares (or other securities) which thereafter may be made the subject of Awards, including the aggregate
limits specified in ‎Section 5(a) and ‎Section 5(d);

 

(ii)
the number and type of Shares (or other securities) subject to outstanding Awards;

 

(iii)
the grant, purchase, exercise or hurdle price with respect to any Award or, if deemed appropriate, make provision for a cash payment
to the holder of an outstanding Award; and

 

(iv)
the terms and conditions of any outstanding Award (including, without limitation, any applicable performance targets or criteria
with respect thereto).

 

provided,
however, that the number of Shares subject to any Award denominated in Shares shall always be a whole number.

 

(f)
Any Shares delivered pursuant to an Award may consist, in whole or in part, of authorized and unissued Shares or Shares acquired
by the Company.

 

Section
6. Options. The Committee is authorized to grant Options to Participants with the following terms and conditions and with
such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall
determine:

 

(a)
The exercise price per Share under an Option shall be determined by the Committee at the time of grant; provided, however,
that, except in the case of Substitute Awards, such exercise price shall not be less than the Fair Market Value of a Share on
the date of grant of such Option.

 

(b)
The term of each Option shall be fixed by the Committee but shall not exceed ten years from the date of grant of such Option;
provided, however, that if the expiration date of the Option (other than an Incentive Stock Option) occurs when
the trading of Shares is prohibited by law or by the Company’s insider trading policy, the term of such Option (other than
an Incentive Stock Option) shall be automatically extended to the 30th day following the expiration of the applicable
trading prohibition. The Committee shall determine the time or times at which an Option becomes vested and exercisable in whole
or in part.

 

    8

     

    

 

(c)
The Committee shall determine the method or methods by which, and the form or forms, including cash, Shares, other Awards, other
property, net settlement, broker-assisted cashless exercise or any combination thereof, having a Fair Market Value on the exercise
date equal to the exercise price of the Shares as to which the Option shall be exercised, in which payment of the exercise price
with respect thereto may be made or deemed to have been made.

 

(d)
No grant of Options may be accompanied by a tandem award of dividend equivalents or provide for dividends, dividend equivalents
or other distributions to be paid on such Options (except as provided under ‎‎‎Section 5(e)).

 

(e)
The terms of any Incentive Stock Option granted under the Plan shall comply in all respects with the provisions of Section 422
of the Code. Incentive Stock Options may be granted only to employees of the Company or of a parent or subsidiary corporation
(as defined in Section 424 of the Code).

 

Section
7. Stock Appreciation Rights. The Committee is authorized to grant SARs to Participants with the following terms and conditions
and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee
shall determine:

 

(a)
SARs may be granted under the Plan to Participants either alone (“freestanding”) or in addition to other Awards granted
under the Plan (“tandem”) and may, but need not, relate to a specific Option granted under ‎Section
6.

 

(b)
The exercise or hurdle price per Share under a SAR shall be determined by the Committee; provided, however, that,
except in the case of Substitute Awards, such exercise or hurdle price shall not be less than the Fair Market Value of a Share
on the date of grant of such SAR.

 

(c)
The term of each SAR shall be fixed by the Committee but shall not exceed 10 years from the date of grant of such SAR; provided,
however, that if the expiration date of the SAR occurs when the trading of Shares is prohibited by law or by the Company’s
insider trading policy, the term of such SAR shall be automatically extended to the 30th day following the expiration
of the applicable trading prohibition. The Committee shall determine the time or times at which a SAR may be exercised or settled
in whole or in part.

 

(d)
Upon the exercise of a SAR, the Company shall pay to the Participant an amount equal to the number of Shares subject to the SAR
multiplied by the excess, if any, of the Fair Market Value of one Share on the exercise date over the exercise or hurdle price
of such SAR. The Company shall pay such excess in cash, in Shares valued at Fair Market Value, or any combination thereof, as
determined by the Committee.

 

    9

     

    

 

(e)
No grant of SARs may be accompanied by a tandem award of dividend equivalents or provide for dividends, dividend equivalents or
other distributions to be paid on such SARs (except as provided under ‎‎‎Section 5(e)).

 

Section
8. Restricted Stock. The Committee is authorized to grant Awards of Restricted Stock to Participants with the following
terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the
Plan, as the Committee shall determine:

 

(a)
The Award Agreement shall specify the vesting schedule.

 

(b)
Awards of Restricted Stock shall be subject to such restrictions as the Committee may impose, which restrictions may lapse separately
or in combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate.

 

(c)
Subject to the restrictions set forth in the applicable Award Agreement, a Participant generally shall have the rights and privileges
of a stockholder with respect to Awards of Restricted Stock, including the right to vote such Shares of Restricted Stock and the
right to receive dividends.

 

(d)
The Committee may, in its discretion, specify in the applicable Award Agreement that any or all dividends or other distributions
paid on Awards of Restricted Stock prior to vesting be paid either in cash or in additional Shares and either on a current or
deferred basis and that such dividends or other distributions may be reinvested in additional Shares, which may be subject to
the same restrictions as the underlying Awards.

 

(e)
Any Award of Restricted Stock may be evidenced in such manner as the Committee may deem appropriate, including book-entry registration.

 

(f)
The Committee may provide in an Award Agreement that an Award of Restricted Stock is conditioned upon the Participant making or
refraining from making an election with respect to the Award under Section 83(b) of the Code. If a Participant makes
an election pursuant to Section 83(b) of the Code with respect to an Award of Restricted Stock, the Participant shall
be required to file promptly a copy of such election with the Company and the applicable Internal Revenue Service office.

  

    10

     

    

 

Section
9. RSUs. The Committee is authorized to grant Awards of RSUs to Participants with the following terms and conditions and
with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall
determine:

 

(a)
The Award Agreement shall specify the vesting schedule, performance criteria (if any) and the delivery schedule (which may include
deferred delivery later than the vesting date).

 

(b)
Awards of RSUs shall be subject to such restrictions as the Committee may impose, which restrictions may lapse separately or in
combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate.

 

(c)
An RSU shall not convey to the Participant the rights and privileges of a stockholder with respect to the Share subject to the
RSU, such as the right to vote or the right to receive dividends, unless and until a Share is issued to the Participant to settle
the RSU.

 

(d)
The Committee may, in its discretion, specify in the applicable Award Agreement that any or all dividend equivalents or other
distributions paid on Awards of RSUs prior to vesting or settlement, as applicable, be paid either in cash or in additional Shares
and either on a current or deferred basis and that such dividend equivalents or other distributions may be reinvested in additional
Shares, which may be subject to the same restrictions as the underlying Awards.

 

(e)
Shares delivered upon the vesting and settlement of an RSU Award may be evidenced in such manner as the Committee may deem appropriate,
including book-entry registration.

 

(f)
The Committee may determine the form or forms (including cash, Shares, other Awards, other property or any combination thereof)
in which payment of the amount owing upon settlement of any RSU Award may be made.

 

Section
10. Performance Awards. The Committee is authorized to grant any Award under this Plan in the form of Performance Awards
to Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent
with the provisions of the Plan, as the Committee shall determine:

 

(a)
Performance Awards may be provided in the form of Options, SARs, Restricted Stock, RSUs, Other Cash-Based Awards or Other Stock-Based
Awards by providing that the Shares, units or other amounts will be earned based upon achievement or satisfaction of performance
conditions specified by the Committee. The Committee may use such business criteria and other measures of performance as it may
deem appropriate in establishing any performance conditions. Subject to the terms of the Plan, the performance goals to be achieved
during any Performance Period, the length of any Performance Period, the amount of any Performance Award granted and the amount
of any payment or transfer to be made pursuant to any Performance Award shall be determined by the Committee.

  

    11

     

    

 

(b)
Performance Awards may include a pre-established formula, such that the payment, retention or vesting of the Award is subject
to the achievement during one or more Performance Periods, as determined by the Committee, of one or more o performance measures
with respect to the Company, including but not limited to the following:

 

(i)
revenue measures (including, but not limited to, total revenue, gross revenue, net revenue, recurring or non-recurring revenues,
revenue growth, product revenue growth and net sales);

 

(ii)
income measures (including, but not limited to, gross income, net income, pre- or after-tax income (before or after allocation
of corporate overhead and bonus), income from continuing operations, operating income (before or after taxes), non-interest income,
net income after cost of capital, net interest income, fee income and income measures excluding the impact of acquisitions and
dispositions);

 

(iii)
earnings measures (including, but not limited to, earnings before taxes, earnings before interest and taxes, earnings before interest,
taxes, depreciation and amortization, earnings growth, earnings per share, book value per share, margins, operating margins, gross
margins, contribution margins (excluding general and administrative costs), cash margins, profitability of an identifiable segment,
business unit or product, maintenance or improvement of profit or other margins and earnings measures excluding the impact of
acquisitions and dispositions);

 

(iv)
cash flow measures (including, but not limited to, cash flow (before or after dividends), operating cash flow, free cash flow,
discounted cash flow, cash flow return on investment and cash flow in excess of cost of capital);

 

(v)
return measures (including, but not limited to, return on equity, return on tangible common equity, return on assets or net assets,
return on risk-weighted assets, return on capital (including return on total capital or return on invested capital) and appreciation
in and/or maintenance of the price of shares);

 

(vi)
share price measures (including, but not limited to, total shareholder return, share price, appreciation in and/or maintenance
of share price and market capitalization);

 

(vii)
balance sheet/risk management measures (including, but not limited to, year-end cash, satisfactory internal or external audits,
financial ratings, shareholders’ equity, assets, tangible equity, charge-offs, net charge-offs, non-performing assets and
liquidity);

 

(viii)
efficiency or expense measures (including, but not limited to, expenses, expense management or reduction, non-interest expense,
operating/efficiency ratios improvement in or attainment of expense levels or working capital levels (including cash and accounts
receivable), reduction in income tax expense or income tax rate, corporate expenses as a percentage of revenue, research and development
as a percentage of revenue, sales efficiency, selling and marketing efficiency and service efficiency);

 

    12

     

    

 

(ix)
strategic measures (including, but not limited to, market share, debt reduction, customer growth, long-term client value growth,
research and development achievements, regulatory compliance and achievements (including submitting or filing applications or
other documents with regulatory authorities or receiving approval of any such applications or other documents), strategic partnerships
or transactions and co-development, co-marketing, profit sharing, joint venture or other similar arrangements, implementation,
completion or attainment of measurable objectives with respect to research, development, commercialization, products or projects,
production volume levels, acquisitions and divestitures, accuracy, stability, quality or performance of ratings and recruiting
and maintaining personnel); and

 

(x)
other measures (including, but not limited to, gross profits, economic profit, comparisons with various stock market indices,
cost of capital or assets under management, improvements in capital structure, days sales outstanding, sales performance, sales
quota attainment, cross-sales, recurring sales, one-time sales, net new sales, cancellations, retention rates, new benchmark mandates,
new exchange traded fund launches, financing and other capital raising transactions (including sales of the Company’s equity
or debt securities); factoring transactions; sales or licenses of the Company’s assets, including its intellectual property,
whether in a particular jurisdiction or territory or globally; or through partnering transactions).

 

Performance
criteria may be measured on an absolute (e.g., plan or budget) or relative basis, may be established on a corporate-wide basis
or with respect to one or more business units, divisions, subsidiaries or business segments, may be based on a ratio or separate
calculation of any performance criteria and may be made relative to an index, one or more of the performance goals themselves,
a previous period’s results or to a designated comparison group. Relative performance may be measured against a group of
peer companies, a financial market index or other acceptable objective and quantifiable indices.

 

(c)
If the Committee determines that a change in the business, operations, corporate structure or capital structure of the Company,
or the manner in which the Company conducts its business, or other events or circumstances render the performance objectives unsuitable,
the Committee may modify the performance objectives or the related level of achievement, in whole or in part, as the Committee
deems appropriate and equitable. Performance measures may vary from Performance Award to Performance Award and from Participant
to Participant, and may be established on a stand-alone basis, in tandem or in the alternative. The Committee shall have the power
to impose such other restrictions on Awards subject to this ‎Section 10(c) as it may deem necessary or
appropriate to ensure that such Awards satisfy all requirements of any applicable law, stock market or exchange rules and regulations
or accounting or tax rules and regulations.

 

    13

     

    

 

(d)
A Performance Award shall not convey to the Participant the rights and privileges of a stockholder with respect to the Share subject
to the Performance Award, such as the right to vote (except as relates to Restricted Stock) or the right to receive dividends,
unless and until Shares are issued to the Participant to settle the Performance Award. The Committee, in its sole discretion,
may provide that a Performance Award shall convey the right to receive dividend equivalents on the Shares underlying the Performance
Award with respect to any dividends declared during the period that the Performance Award is outstanding, in which case, such
dividend equivalent rights shall accumulate and shall be paid in cash or Shares on the settlement date of the Performance Award,
subject to the Participant’s earning of the Shares underlying the Performance Awards with respect to which such dividend
equivalents are paid upon achievement or satisfaction of performance conditions specified by the Committee. Shares delivered upon
the vesting and settlement of a Performance Award may be evidenced in such manner as the Committee may deem appropriate, including
book-entry registration. For the avoidance of doubt, unless otherwise determined by the Committee, no dividend equivalent rights
shall be provided with respect to any Shares subject to Performance Awards that are not earned or otherwise do not vest or settle
pursuant to their terms.

 

(e)
The Committee may, in its discretion, increase or reduce the amount of a settlement otherwise to be made in connection with a
Performance Award.

 

Section
11. Other Cash-Based Awards and Other Stock-Based Awards. The Committee is authorized, subject to limitations under applicable
law, to grant Other Cash-Based Awards (either independently or as an element of or supplement to any other Award under the Plan)
and Other Stock-Based Awards. The Committee shall determine the terms and conditions of
such Awards. Shares delivered pursuant to an Award in the nature of a purchase right granted under this ‎Section
11 shall be purchased for such consideration, and paid for at such times, by such methods and in such forms, including cash,
Shares, other Awards, other property, net settlement, broker-assisted cashless exercise or any combination thereof, as the Committee
shall determine; provided that the purchase price therefor shall not be less than the Fair Market Value of such Shares
on the date of grant of such right.

 

Section
12. Effect of Termination of Service or a Change in Control on Awards.

 

(a)
The Committee may provide, by rule or regulation or in any Award Agreement, or may determine in any individual case, the circumstances
in which, and the extent to which, an Award may be exercised, settled, vested, paid or forfeited in the event of a Participant’s
Termination of Service prior to the vesting, exercise or settlement of such Award.

 

(b)
In the event of a Change in Control, unless otherwise provided in an Award Agreement, outstanding Awards shall be treated as described
below.

 

(i)
If in connection with the Change in Control, any outstanding Award is continued in effect or converted into an award or right
with respect to stock of the successor or surviving corporation (or a parent or subsidiary thereof), then upon the occurrence
of a Termination of Service of a Participant by the Company without Cause within 24 months following the Change in Control, on
the date of such Termination of Service, such Award held by such Participant shall immediately vest and settle, and with respect
to Options and SARs, shall become exercisable and shall remain exercisable for one year.

 

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(ii)
If outstanding Awards are not continued or converted as described in subsection (i) above, then on the Change in Control, such
Awards shall immediately vest and settle and, in the case of Options and SARs, shall become fully exercisable.

 

For
purposes of subsections (i) and (ii) above, no Award shall be treated as “continued or converted” on a basis consistent
with the requirements of subsection (i) or (ii), as applicable, unless the stock underlying such award after such continuation
or conversion consists of securities of a class that is widely held and publicly traded on a U.S. national securities exchange.

 

(c)
In addition, in the event of a Change in Control and to the extent not inconsistent with the provisions of ‎Section 12(a)
above or the applicable Award Agreement, the Committee, in its sole discretion, and on such terms and conditions as it deems
appropriate, either by the terms of the Award or by action taken prior to the occurrence of such Change in Control, may take any
one or more of the following actions:

 

(i)
to terminate or cancel any outstanding Award in exchange for a cash payment (and, for the avoidance of doubt, if as of the date
of the Change in Control, the Committee determines that no amount would have been realized upon the exercise of the Award or other
realization of the Participant’s rights, then the Award may be cancelled by the Company without payment of consideration);

 

(ii)
to provide for the assumption, substitution, replacement or continuation of any Award by the successor or surviving corporation
(or a parent or subsidiary thereof) with cash, securities, rights or other property to be paid or issued, as the case may be,
by the successor or surviving corporation (or a parent or subsidiary thereof), and to provide for appropriate adjustments with
respect to the number and type of securities (or other consideration) of the successor or surviving corporation (or a parent or
subsidiary thereof), subject to any replacement awards, the terms and conditions of the replacement awards (including, without
limitation, any applicable performance targets or criteria with respect thereto) and the grant, exercise or purchase price per
share for the replacement awards;

 

(iii)
to make any other adjustments in the number and type of securities (or other consideration) subject to outstanding Awards and
in the terms and conditions of outstanding Awards (including the grant or exercise price and performance criteria with respect
thereto) and Awards that may be granted in the future;

 

(iv)
to provide that any Award shall be accelerated and become exercisable, payable and/or fully vested with respect to all Shares
covered thereby, notwithstanding anything to the contrary in the Plan or the applicable Award Agreement; and

 

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(v)
to cancel any unvested Award for no consideration.

 

Section
13. Minimum Vesting. Notwithstanding any provisions of this Plan to the contrary and except as provided in this ‎Section
13, pursuant to ‎Section 12 or Awards granted for services as a Director, Awards (other than
replacement awards) shall not vest in full prior to the one-year anniversary of the applicable grant date; provided, however,
that the following Awards shall not be subject to the foregoing minimum vesting requirement: (i) Shares delivered in lieu of fully
vested cash Awards; and (ii) any additional Awards that the Committee may grant with such other vesting requirements, if any,
as the Committee may establish in its sole discretion, up to five percent (5%) of the Shares available for issuance under the
Plan.

 

Section
14. General Provisions Applicable to Awards.

 

(a)
Awards shall be granted for such cash or other consideration, if any, as the Committee determines; provided that in no
event shall Awards be issued for less than such minimal consideration as may be required by applicable law.

 

(b)
Awards may, in the discretion of the Committee, be granted either alone or in addition to or in tandem with any other Award or
any award granted under any other plan of the Company. Awards granted in addition to or in tandem with other Awards, or in addition
to or in tandem with awards granted under any other plan of the Company, may be granted either at the same time as or at a different
time from the grant of such other Awards or awards.

 

(c)
Subject to the terms of the Plan, payments or transfers to be made by the Company upon the grant, exercise or settlement of an
Award may be made in the form of cash, Shares, other Awards, other property, net settlement, or any combination thereof, as determined
by the Committee in its discretion at the time of grant, and may be made in a single payment or transfer, in installments or on
a deferred basis, in each case in accordance with rules and procedures established by the Committee. Such rules and procedures
may include provisions for the payment or crediting of reasonable interest on installment or deferred payments or the grant or
crediting of dividend equivalents in respect of installment or deferred payments.

 

(d)
Except as may be permitted by the Committee or as specifically provided in an Award Agreement, (i) no Award and no right
under any Award shall be assignable, alienable, saleable or transferable by a Participant other than by will or pursuant to ‎Section
14(e) and (ii) during a Participant’s lifetime, each Award, and each right under any Award, shall be exercisable
only by such Participant or, if permissible under applicable law, by such Participant’s guardian or legal representative.
The provisions of this ‎Section 14(d) shall not apply to any Award that has been fully exercised or settled,
as the case may be, and shall not preclude forfeiture of an Award in accordance with the terms thereof.

 

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(e)
A Participant may designate a Beneficiary or change a previous Beneficiary designation only at such times as prescribed by the
Committee, in its sole discretion, and only by using forms and following procedures approved or accepted by the Committee for
that purpose.

 

(f)
All certificates for Shares and/or other securities delivered under the Plan pursuant to any Award or the exercise thereof shall
be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules,
regulations and other requirements of the SEC, any stock market or exchange upon which such Shares or other securities are then
quoted, traded or listed, and any applicable securities laws, and the Committee may cause a legend or legends to be put on any
such certificates to make appropriate reference to such restrictions.

 

(g)
The Committee may impose restrictions on any Award with respect to non-competition, confidentiality and other restrictive covenants
as it deems necessary or appropriate in its sole discretion.

 

Section
15. Amendments and Terminations.

 

(a)
Amendment or Termination of the Plan. Except to the extent prohibited by applicable law and unless otherwise expressly
provided in an Award Agreement or in the Plan, the Board may amend, alter, suspend, discontinue or terminate the Plan or any portion
thereof at any time; provided, however, that no such amendment, alteration, suspension, discontinuation or termination
shall be made without (i) shareholder approval if such approval is required by applicable law or the rules of the stock market
or exchange, if any, on which the Shares are principally quoted or traded or (ii) subject to Section 5(e) and ‎Section
12, the consent of the affected Participant, if such action would materially adversely affect the rights of such Participant
under any outstanding Award, except (x) to the extent any such amendment, alteration, suspension, discontinuance or termination
is made to cause the Plan to comply with applicable law, stock market or exchange rules and regulations or accounting or tax rules
and regulations or (y) to impose any “clawback” or recoupment provisions on any Awards (including any amounts
or benefits arising from such Awards) in accordance with ‎Section 18. Notwithstanding anything to the contrary
in the Plan, the Committee may amend the Plan, or create sub-plans, in such manner as may be necessary to enable the Plan to achieve
its stated purposes in any jurisdiction in a tax-efficient manner and in compliance with local rules and regulations.

 

(b)
Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company, each Award shall terminate immediately
prior to the consummation of such action, unless otherwise determined by the Committee.

 

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(c)
Terms of Awards. The Committee may waive any conditions or rights under, amend any terms of, or amend, alter, suspend,
discontinue or terminate any Award theretofore granted, prospectively or retroactively, without the consent of any relevant Participant
or holder or Beneficiary of an Award; provided, however, that, subject to ‎‎‎Section 5(e)
and ‎Section 12, no such action shall materially adversely affect the rights of any affected Participant
or holder or Beneficiary under any Award theretofore granted under the Plan, except (x) to the extent any such action is
made to cause the Plan to comply with applicable law, stock market or exchange rules and regulations or accounting or tax rules
and regulations, or (y) to impose any “clawback” or recoupment provisions on any Awards (including any amounts
or benefits arising from such Awards) in accordance with ‎Section 18. The Committee shall be authorized to make
adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of events (including the events
described in ‎Section 5(e)) affecting the Company, or the financial statements of the Company, or of changes
in applicable laws, regulations or accounting principles, whenever the Committee determines that such adjustments are appropriate
in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan.

 

(d)
No Repricing. Notwithstanding anything to the contrary in this Plan, except as provided in ‎Section
5(e) or in connection with a Change in Control, no action (including the repurchase of Options or SAR Awards (in each case,
that are “out of the money”) for cash and/or other property) shall directly or indirectly, through cancellation and
re-grant or any other method, reduce, or have the effect of reducing, the exercise or hurdle price of any Award established at
the time of grant thereof without approval of the Company’s shareholders.

 

Section
16. Miscellaneous.

 

(a)
No Employee, Consultant, Director, Participant, or other Person shall have any claim to be granted any Award under the Plan, and
there is no obligation for uniformity of treatment of employees, Participants or holders or Beneficiaries of Awards under the
Plan. The terms and conditions of Awards need not be the same with respect to each recipient. Any Award granted under the Plan
shall be a one-time Award that does not constitute a promise of future grants. The Company, in its sole discretion, maintains
the right to make available future grants under the Plan.

 

(b)
The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of, or to continue
to provide services to, the Company or any Subsidiary. Further, the Company or any applicable Subsidiary may at any time dismiss
a Participant, free from any liability, or any claim under the Plan, unless otherwise expressly provided in the Plan or in any
Award Agreement or in any other agreement binding on the parties. The receipt of any Award under the Plan is not intended to confer
any rights on the receiving Participant except as set forth in the applicable Award Agreement.

 

(c)
Nothing contained in the Plan shall prevent the Company from adopting or continuing in effect other or additional compensation
arrangements, and such arrangements may be either generally applicable or applicable only in specific cases.

 

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(d)
The Committee may authorize the Company to withhold from any Award granted or any payment due or transfer made under any Award
or under the Plan or from any compensation or other amount owing to the Participant the amount (in cash, Shares, other Awards,
other property, net settlement, or any combination thereof) of applicable withholding taxes due in respect of an Award, its exercise
or settlement or any payment or transfer under such Award or under the Plan and to take such other action (including providing
for elective payment of such amounts in cash or Shares by such Participant) as may be necessary to satisfy all obligations for
the payment of such taxes and, unless otherwise determined by the Committee in its discretion, to the extent such withholding
would not result in liability classification of such Award (or any portion thereof) pursuant to FASB ASC Subtopic 718-10 and is
permitted under applicable withholding rules promulgated by the Internal Revenue Service or another applicable governmental entity.

 

(e)
If any provision of the Plan or any Award Agreement is or becomes or is deemed to be invalid, illegal or unenforceable in any
jurisdiction, or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee,
such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so construed or deemed amended
without, in the determination of the Committee, materially altering the intent of the Plan or the Award Agreement, such provision
shall be stricken as to such jurisdiction, Person or Award, and the remainder of the Plan and any such Award Agreement shall remain
in full force and effect.

 

(f)
Neither the Plan nor any Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship
between the Company and a Participant or any other Person. To the extent that any Person acquires a right to receive payments
from the Company pursuant to an Award, such right shall be no greater than the right of any unsecured general creditor of the
Company.

 

(g)
No fractional Shares shall be issued or delivered pursuant to the Plan or any Award, and the Committee shall determine whether
cash or other securities shall be paid or transferred in lieu of any fractional Shares, or whether such fractional Shares or any
rights thereto shall be canceled, terminated or otherwise eliminated.

 

(h)
Awards may be granted to Participants who are non-United States nationals or employed or providing services outside the United
States, or both, on such terms and conditions different from those applicable to Awards to Participants who are employed or providing
services in the United States as may, in the judgment of the Committee, be necessary or desirable to recognize differences in
local law, tax policy or custom. The Committee also may impose conditions on the exercise or vesting of Awards in order to minimize
the Company’s obligation with respect to tax equalization for Participants on assignments outside their home country.

 

Section
17. Effective Date of the Plan. The Plan shall be effective as of the Effective Date, subject to its approval by the shareholders
of the Company.

 

Section
18. Term of the Plan. No Award shall be granted under the Plan after the earliest to occur of (i) the 10-year anniversary
of the Effective Date; (ii) the maximum number of Shares available for issuance under the Plan have been issued; or (iii) the
Board terminates the Plan in accordance with ‎Section 15(a). However, unless otherwise expressly provided
in the Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond such date, and the authority
of the Committee to amend, alter, adjust, suspend, discontinue or terminate any such Award, or to waive any conditions or rights
under any such Award, and the authority of the Board to amend the Plan, shall extend beyond such date.

 

    19

     

    

 

Section
19. Cancellation or “Clawback” of Awards. The Committee shall have full authority to implement any policies
and procedures necessary to comply with Section 10D of the Exchange Act and any rules promulgated thereunder and any other regulatory
regimes. Notwithstanding anything to the contrary contained herein, any Awards granted under the Plan (including any amounts or
benefits arising from such Awards) shall be subject to any clawback or recoupment arrangements or policies the Company has in
place from time to time, and the Committee may, to the extent permitted by applicable law and stock exchange rules or by any applicable
Company policy or arrangement, and shall, to the extent required, cancel or require reimbursement of any Awards granted to the
Participant or any Shares issued or cash received upon vesting, exercise or settlement of any such Awards or sale of Shares underlying
such Awards.

 

Section
20. Section 409A of the Code. With respect to Awards subject to Section 409A of the Code, the Plan is intended to
comply with the requirements of Section 409A of the Code, and the provisions of the Plan and any Award Agreement shall be interpreted
in a manner that satisfies the requirements of Section 409A of the Code, and the Plan shall be operated accordingly. If any provision
of the Plan or any term or condition of any Award would otherwise frustrate or conflict with this intent, the provision, term
or condition shall be interpreted and deemed amended so as to avoid this conflict. Notwithstanding anything in the Plan to the
contrary, if the Board considers a Participant to be a “specified employee” under Section 409A of the Code at the
time of such Participant’s “separation from service” (as defined in Section 409A of the Code), and any amount
hereunder is “deferred compensation” subject to Section 409A of the Code, any distribution of such amount that otherwise
would be made to such Participant with respect to an Award as a result of such “separation from service” shall not
be made until the date that is six months after such “separation from service,” except to the extent that earlier
distribution would not result in such Participant’s incurring interest or additional tax under Section 409A of the Code.
If an Award includes a “series of installment payments” (within the meaning of Section 1.409A-2(b)(2)(iii) of the
Treasury Regulations), the Participant’s right to such series of installment payments shall be treated as a right to a series
of separate payments and not as a right to a single payment, and if an Award includes “dividend equivalents” (within
the meaning of Section 1.409A-3(e) of the Treasury Regulations), the Participant’s right to such dividend equivalents shall
be treated separately from the right to other amounts under the Award. Notwithstanding the foregoing, the tax treatment of the
benefits provided under the Plan or any Award Agreement is not warranted or guaranteed, and in no event shall the Company be liable
for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by any Participant on account
of non-compliance with Section 409A of the Code.

 

    20

     

    

 

Section
21. Successors and Assigns. The terms of the Plan shall be binding upon and inure to the benefit of the Company and any
successor entity, including any successor entity contemplated by ‎Section 12(b).

 

Section
22. Data Protection. By participating in the Plan, the Participant consents to the holding and processing of personal information
provided by the Participant to the Company or any Affiliate, trustee or third party service provider, for all purposes relating
to the operation of the Plan. These include:

 

(a)
administering and maintaining Participant records;

 

(b)
providing information to the Company, any Subsidiary, trustees of any employee benefit trust, registrars, brokers or third party
administrators of the Plan;

 

(c)
providing information to future purchasers or merger partners of the Company or any Affiliate, or the business in which the Participant
works; and

 

(d)
transferring information about the Participant to any country or territory that may not provide the same protection for the information
as the Participant’s home country.

 

Section
23. Governing Law. The Plan and each Award Agreement shall be governed by the laws of the State of Delaware, without application
of the conflicts of law principles thereof.

 

 

21

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