Document:

Exhibit 10.13

 Exhibit 10.13 
 EXECUTIVE SEVERANCE AGREEMENT 
 Dear : 
 Owens & Minor, Inc. (the “Company”) considers it essential to the best interests of its stockholders to foster the
continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the “Board”) recognizes that, as is the case with many publicly held corporations, the possibility of a change in control of the
Company may exist and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders. 

The Board has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of
members of the Company’s senior management, including yourself, to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a change in control of the Company. 
 In order to induce you to remain in the employ of the Company, the Company agrees that you shall receive the severance benefits set forth in
this letter agreement (the “Agreement”) in the event your employment with the Company is terminated under the circumstances described below on or after a “Change in Control” (as defined in Section 2). 
  

	 	1.	Term of Agreement. 

 (a)
The Initial Term of this Agreement shall commence on January 1, 2011, and shall end on December 31, 2011. Commencing January 1, 2012, and each other January 1 thereafter, the term of this Agreement shall be automatically extended
for one additional year unless the Company, not later than September 30 of the preceding year, shall have given you written notice (a “Nonrenewal Notice”) that it does not wish to extend this Agreement. For purposes of this Agreement,
the word “Term” means the Initial Term and the period of any extension pursuant to the preceding sentence or the following Paragraph 1(b). 
 (b) Paragraph 1(a) to the contrary notwithstanding, if a Change in Control occurs during the Term of this Agreement, the Term shall be extended, i.e., this Agreement shall continue in effect, for a
period not less than twenty-four (24) months after the month in which the Change in Control occurs. 
 (c) Paragraph 1(a)
to the contrary notwithstanding, the Company may not give a Nonrenewal Notice during the period beginning on the date a Potential Change in Control occurs and ending on the earlier of (i) the date that is twelve (12) months after the date
the Potential Change in Control occurs or (ii) the date a Change in Control occurs. 
 (d) Notwithstanding any other
provision of this Paragraph 1, the Term of this Agreement shall end, i.e., this Agreement shall cease to be in effect [(other than Paragraphs 5 and 11 which shall continue to apply)] if, before a Change in Control or Potential Change in
Control your position with the Company is changed such that you no longer serve in your current position with the Company or a more senior position. 
  

	 	2.	Change in Control; Potential Change in Control. 

 (a) No benefits shall be payable hereunder unless there is a Change in Control during the Term of this Agreement. For purposes of this Agreement, a Change in Control shall be deemed to have occurred if:

 (i) any “person,” as such term is used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”) (other than the Company or any employee benefit plan of the Company or any subsidiary of the Company), is or becomes the “beneficial owner” (as defined in Rule
13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 30% or more of the combined voting power of the Company’s then outstanding securities; provided, however, that an increase in the percentage of
beneficial ownership in the Company’s voting securities of a “person” (as hereinabove defined) on account of acquisitions of Company securities by the Company, a subsidiary or any employee benefit plan of the Company or a subsidiary,
shall be disregarded; 
 (ii) individuals who, as of January 1, 2011, constitute the Board (the “Incumbent
Board”) cease for any reason to constitute a majority of the Board; provided, however, that any individual becoming a director after January 1, 2011, shall be considered as though such individual was a member of the Incumbent Board if the
individual’s election or nomination for election by the Company’s shareholders was approved by a vote of at least a majority of the directors then comprising the Incumbent Board; and provided further that any individual whose initial
service as a director occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a “person” (as
hereinabove defined) shall not be considered a member of the Incumbent Board; 
 (iii) there is a merger or consolidation of
the Company with any other company, other than (A) a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation or (B) a merger or
consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no “person” (as hereinabove defined) acquires more than 30% of the combined voting power of the Company’s then outstanding
securities; or 
 (iv) the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement
for the sale or disposition by the Company of all or substantially all of the Company’s assets. 
 (b) For purposes of this
Agreement, a “Potential Change in Control” shall be deemed to have occurred if: 
 (i) the Company enters into an
agreement, the consummation of which would result in the occurrence of a Change in Control; 
 (ii) any “person” (as
hereinabove defined) (including the Company) publicly announces an intention to take or to consider taking actions which if consummated would constitute a Change in Control; 
 (iii) any “person” (as hereinabove defined), other than an employee benefit plan of the Company or a subsidiary of the Company,
who is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 9.5% or more of the combined voting power of the Company’s then outstanding securities, increases his beneficial ownership of such
securities by 3 percentage points or more over the percentage so owned by such person on the date hereof; provided, however, that an increase in a person’s percentage of beneficial ownership in the Company’s voting securities on account of
acquisitions of Company securities by the Company, a subsidiary or any employee benefit plan of the Company or a subsidiary shall be disregarded; or 
 (iv) the Board adopts a resolution to the effect that, for purposes of this Agreement, a Potential Change in Control of the Company has occurred. 
  

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 (c) You agree that, subject to the terms and conditions of this Agreement, in the event of a
Potential Change in Control, you will remain in the employ of the Company until the earliest of (i) the date which is 180 days from the occurrence of such Potential Change in Control of the Company, (ii) the termination by you of your
employment by reason of a physical or mental illness or physical injury which has lasted, or can be expected to last, at least six months or (iii) the date on which your employment is terminated by the Company. 
  

	 	3.	Termination Following Change in Control. 

 (a) General. If a Change in Control occurs during the Term of this Agreement, you shall be entitled to the benefits provided in Paragraph 4(b) upon the termination of your employment during the
Term of this Agreement if termination is (i) by the Company for other than Cause after a Change in Control, (ii) by you for Good Reason after a Change in Control or [(iii) by the Company for other than Cause no more than 90 days before a
Change in Control]. You shall not be entitled to the benefits provided in Paragraph 4(b) if (i) your employment with the Company is terminated for any reason before a Change in Control [other than a termination by the Company for other than
Cause no more than 90 days before a Change in Control] or (ii) your employment with the Company is terminated on or after a Change in Control on account of your death, physical or mental illness or physical injury, by the Company for Cause or
by you for any reason other than for Good Reason. 
 (b) Cause. Termination by the Company of your employment for
“Cause” shall mean termination (i) upon the willful and continued failure by you to substantially perform your duties with the Company (other than any such failure resulting from your incapacity due to physical or mental illness or
physical injury or any such actual or anticipated failure after you give a Notice of Termination (as defined in Paragraph 3(d)) for Good Reason (as defined in Paragraph 3(c)), or (ii) the willful engaging by you in conduct which is demonstrably
and materially injurious to the Company, monetarily or otherwise. For purposes of this paragraph, no act, or failure to act, on your part shall be deemed “willful” unless done, or omitted to be done, by you not in good faith and without
reasonable belief that your action or omission was in the best interest of the Company. Notwithstanding the foregoing, you shall not be deemed to have been terminated for Cause unless (i) the Company gives you a written Notice of Termination
specifying the grounds that it asserts constitute Cause, (ii) you fail to cure or remedy those grounds to the satisfaction of the Company within thirty (30) days of the Company’s notice and (iii) following the thirty
(30) day period the Board adopts and delivers to you a copy of a resolution duly adopted by the affirmative vote of not less than three-quarters (3/4) of the entire membership of the Board at a meeting of the Board (after reasonable notice
to you and an opportunity for you, together with your counsel, to be heard before the Board), finding that in the good faith opinion of the Board you were guilty of conduct set forth above and specifying the particulars thereof in detail and that
the conduct was not cured or remedied during the thirty (30) day period. 
 (c) Good Reason. For purposes of this
Agreement, “Good Reason” shall mean, after a Change in Control, the occurrence of any of the following circumstances without your express written consent: 
 (i) a material diminution in your authority, duties or responsibilities as compared to your authority, duties and responsibilities immediately prior to the Change in Control; 
 (ii) a material reduction in your annual base salary and/or your target bonus opportunity (including any material adverse change in the
formula for such annual bonus target) as in effect immediately prior to the Change in Control, or as the same may be increased from time to time thereafter (other than a reduction in annual base salary and/or target bonus opportunity of not more
than ten percent (10%) and that is applied equally to all officers of the Company and/or all officers of the surviving entity in the Change in Control); 
 (iii) any requirement of the Company that you (A) be based more than 35 miles from the Company office at which you are principally employed immediately prior to the date of the Change in Control or

  

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(B) travel on the Company’s business to an extent substantially greater than your travel obligations immediately prior to the Change in Control; 
 (iv) the failure by the Company to pay to you any portion of your current compensation or compensation under any deferred compensation
program of the Company within seven (7) days of the date such compensation is due; 
 (v) a material reduction in the
benefits that you have earned or may earn under “employee pension benefit plans” (as defined in Section 3(2) of the Employee Retirement Income Security Act of 1974, as amended) or a material reduction in the benefits provided under
health or medical plans, in either case as compared to the terms of any such plans in which you are eligible to participate immediately prior to the Change in Control; 
 (vi) a change in your reporting relationship such that (A) if immediately before the Change in Control you report directly to the Company’s Chief Executive Officer, on or after the Change in
Control you do not report directly to the Company’s Chief Executive Officer or (B) if immediately before the Change in Control you report directly to the Board, on or after the Change in Control you do not report directly to the Board;

 (vii) the failure of the Company to obtain a satisfactory agreement from any successor to assume and agree to perform this
Agreement, as contemplated in Section 6 hereof; or 
 (viii) any purported termination of your employment that is not
effected pursuant to a Notice of Termination satisfying the requirements of Paragraph 3(d) below, which purported termination shall not be effective for purposes of this Agreement. 
 Your right to terminate your employment for Good Reason shall not be affected by your incapacity due to physical or mental illness or physical injury. A termination will not be for Good Reason unless you
give the Company written Notice of Termination specifying the grounds that you assert constitute Good Reason within ninety (90) days after the initial existence of those grounds and the Company fails to cure or remedy those grounds within
thirty (30) days of your notice. 
 (d) Notice of Termination. Any purported termination of your employment by the
Company or by you shall be communicated by written Notice of Termination to the other party hereto in accordance with Section 8. “Notice of Termination” shall mean a notice that shall indicate the specific termination provision in
this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of your employment under the provision so indicated. 
 (e) Date of Termination. “Date of Termination” pursuant to Paragraph 3(b) or 3(c) shall mean, the date specified in the
Notice of Termination (which, in the case of a termination for Cause shall not be less than thirty (30) days from the date such Notice of Termination is given, and in the case of termination for Good Reason shall not be less than thirty
(30) nor more than sixty (60) days from the date such Notice of Termination is given). 
  

	 	4.	Compensation Upon Termination  

 If a Change in Control occurs during the Term of this Agreement, you shall be entitled to the following benefits upon termination of your employment, provided that such termination occurs during the Term: 
 (a) If your employment ends for any reason other than a termination by the Company for other than Cause or by you for Good Reason, the
Company shall pay you your full base salary through the Date of

  

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Termination at the rate in effect at the time Notice of Termination is given, plus all other amounts to which you are entitled under any retirement, insurance or other compensation plan of the
Company at the time such payments are due, and the Company shall have no further obligations to you under this Agreement. 
 (b)
If your employment by the Company is terminated by the Company other than for Cause, either after a Change in Control or no more than 90 days before a Change in Control, or if you terminate your employment for Good Reason after a Change in Control,
you shall be entitled to the benefits provided below, subject to the provisions of Section 5: 
 (i) the Company shall pay
you (A) your full base salary through the Date of Termination at the rate in effect at the time Notice of Termination is given; (B) a lump sum cash payment equal to the amount of your annual incentive bonus cash award payable during the
fiscal year of your Date of Termination, calculated assuming performance at the target level and prorated to reflect the number of months of such fiscal year elapsed through the Date of Termination; and (C) all other amounts to which you are
entitled under any compensation plan of the Company, including the Company’s supplemental executive retirement plan, at the time such payments are due; 
 (ii) in lieu of any further salary payments to you for periods after the Date of Termination, the Company shall pay you a lump sum severance payment equal to 
 [Category A officers —2.99 times] 
 [Category
B officers —2.00 times] 
 the sum of (A) the greater of (1) your annual rate of base salary in effect on the Date of Termination
or (2) your annual rate of base salary in effect immediately prior to the Change in Control and (B) the greater of (1) the average of the last three annual bonuses (annualized in the case of any bonus paid with respect to a partial
year) paid to you preceding the Date of Termination or (2) the average of the last three annual bonuses (annualized in the case of any bonus paid with respect to a partial year) paid to you preceding such Change in Control; 
 (iii) the Company shall pay you all reasonable legal fees and expenses incurred by you as a result of such termination, including all such
fees and expenses, if any, incurred in contesting or disputing any such termination or in seeking to obtain or enforce any right or benefit provided by this Agreement (other than any such fees or expenses incurred in connection with any such claim
which is determined by a court of competent jurisdiction to be frivolous) or in connection with any tax audit or proceeding to the extent attributable to the application of section 4999 of the Internal Revenue Code of 1986, as amended (the
“Code”); 
 (iv) the Company shall pay you an amount equal to 24 times the difference between (1) the monthly
premium for continued health plan coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”), i.e., “COBRA,” for the health plan coverage in effect for you and your dependents on the
Date of Termination minus (2) the monthly premium for such coverage paid by active employees of the Company; and 
 (v)
the Company shall pay you an amount equal to 24 times the monthly premium that you would pay if you convert your Company-provided life insurance coverage to individual life insurance coverage (regardless of whether you convert to individual
coverage). 
 The amount payable under this Paragraph 4(b) shall be paid in a single cash payment, less applicable income and employment taxes,
within five business days after the Date of Termination. 
  

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 (c) You shall not be required to mitigate the amount of any payment provided for in this
Section 4 by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Section 4 be reduced by any compensation earned by you as a result of employment by another employer, by retirement
benefits, by offset against any amount claimed to be owed by you to the Company, or otherwise. 
  

	 	5.	Restrictive Covenants. 

 (a) When used in this Section 5, the following terms shall have the meanings specified: 
 (i)
“Confidential Information” shall mean any data or information with respect to the business conducted prior to the Change in Control by the Company, its divisions, subsidiaries and affiliates that is material to the Company’s
business operations and is not generally known to the public. Without limitation and to the extent consistent with the foregoing, Confidential Information includes any information that is confidential and proprietary to the Company, including but
not limited to: (A) reports, pricing, sales manuals and training manuals, selling, purchasing, and pricing procedures and financing methods of the Company, together with any specific and proprietary techniques utilized by the Company in
designing, developing, testing or marketing its products, product mix and supplier information or in performing services for clients, customers and accounts of the Company; (B) the business plans and financial statements, reports and
projections of the Company prior to the Change in Control; (C) research or development projects or results; (D) identities and addresses of consultants, customers or clients or any other confidential information relating to or dealing with
the business operations or activities of the Company; (E) information concerning trade secrets of the Company; and (F) information concerning existing or contemplated software, products, services, technology, designs, processes and
research or product developments of the Company. Confidential information includes any such information that you may prepare or create during your employment with the Company, as well as such information that has been or may be created or prepared
by others. 
 (ii) “Person” shall mean any corporation, partnership, joint venture, trust, sole
proprietorship, limited liability company, unincorporated business association, natural person, and any other entity that may be treated as a person under applicable law. 
 (iii) “Prohibited Business” shall mean any Person who competes with the Company in the business of
(a) medical/surgical supply distribution and supply chain inventory management services for providers of healthcare or manufacturers/suppliers of healthcare products, (B) selling or distributing healthcare products directly to the homes of
consumers or (C) other services in competition with the services sold or being definitively planned or developed by the Company at the time of the Change in Control. However, nothing in the agreement shall be construed to prohibit you from
involvement with any aspect of a portion of a Prohibited Business that is not competitive to the business operations of the Company prior to or at the time of the Change in Control. 
 (iv) “Restricted Area” shall mean the cities and counties within the United States of America. 
 (b) In consideration of the Company’s obligation to pay the severance benefits described in Paragraphs 4 (b) (ii), (iii),
(iv) and (v) in accordance with this Agreement, you agree that during your employment and for a period of twelve (12) months following your Date of Termination from the Company, you will not compete with the Company within the
Restricted Area by directly or indirectly performing for or providing to a Prohibited Business the same or similar duties or services that you performed for the Company within the last twelve (12) months preceding the Change in Control.

 (c) In consideration of the Company’s obligation to pay the severance benefits described in Paragraphs 4 (b) (ii),
(iii), (iv) and (v) in accordance with this Agreement, independent of the foregoing

  

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provisions, you agree that during your employment and for a period of twelve (12) months following your Date of Termination from the Company, you will not directly or indirectly, market,
sell, attempt to sell, provide or attempt to provide any products or services that compete with those products or services sold or provided by the Company to any Person who is a customer of the Company during the twelve (12) months of
employment prior to the Change in Control or a prospective customer with whom the Company has had written contact with the six (6) months preceding the Change in Control. 
 (d) In consideration of the Company’s obligation to pay the severance benefits described in Paragraphs 4 (b) (ii), (iii),
(iv) and (v) in accordance with this Agreement, independent of the foregoing provision, you agree that during your employment and for a period of twelve (12) months following your Date of Termination with the Company, you will not
directly or indirectly, cause any Person to terminate, reduce, alter, divert, reject or refuse business with the Company. 
 (e)
In consideration of the Company’s obligation to pay the severance benefits described in Paragraphs 4 (b) (ii), (iii), (iv) and (v) in accordance with this Agreement, independent of the foregoing provisions, you agree that during
your employment and for a period of twelve (12) months following your Date of Termination from the Company, you will not, directly or indirectly, hire or attempt to hire any employee of the Company, nor will you directly or indirectly,
encourage or otherwise contact any person employed by the Company to voluntarily terminate his or her employment with the Company or to cease providing service to or on behalf of the company. 
 (f) You acknowledge and understand that during your employment you will be making use of, acquiring or adding to the Company’s
Confidential Information. In order to protect the Confidential Information, you agree that you will not in any way utilize any of the Confidential Information except in connection with your efforts for and on behalf of the Company. You agree that
you will not at any time use any Confidential Information for your own benefit or the benefit of any person except the Company. Except as expressly authorized in writing by the Company, you will not at any time, copy, reproduce or remove from the
Company’s premises the original or any copies of Confidential Information, and you will not at any time disclose any Confidential Information to anyone. You agree to surrender and return to the Company any and all Confidential Information in
your possession or control as of your Date of Termination. 
 (g) You acknowledge and understand that the Company has a
legitimate business interest in preventing you from taking any actions in violation of this Section 5 and that this Section 5 is intended to protect the business and good will of the Company. You further acknowledge that a breach of the
provisions in this Section 5 will irreparably and continually damage the Company. You therefore agree that in the event you violate any of the terms of this Section 5, the Company will be entitled to seek injunctive relief, specific
performance or other equitable remedies, breach of contract and such other causes of action for damages that may be available under the law. 
 (h) This Section 5 is intended to limit your right to compete only to the extent necessary to protect the Company from unfair competition. You acknowledge that you will be reasonably able to earn a
livelihood without violating the terms of this Section 5. If any of the provision of this Section 5 should be deemed to exceed the time, geographic area or activity limitations permitted by applicable law, you agree that such provision may
be reformed to the maximum time, geographic area and activity limitations permitted by the applicable law, and authorize a court or other trier of fact having jurisdiction to so reform such provisions. 
 (i) You acknowledge and understand that each subsection of this Section 5, and each provision and clause of each subsection, shall be
regarded as separate and independent contractual provisions. The invalidity of any subsection, provision or clause shall not affect the other subsections, provisions or clauses and this Section 5 shall be construed in all respects as if such
invalid or unenforceable subsection, provision or clause

  

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were omitted. If any subsection, provision or clause should be found unenforceable by a court of competent jurisdiction, it shall not impair the enforceability of the other subsections,
provisions or clauses of this Section 5. 
  

	 	6.	Code Section 280G. 

 (a) The severance pay and other payments, distributions and benefits provided by the Company to or for your benefit pursuant to this Agreement and under other plans, programs, and agreements may constitute Parachute Payments that are
subject to the “golden parachute” rules of Code section 280G and the excise tax of Code section 4999. The Company and you intend to reduce any Parachute Payments (but not any payment, distribution or other benefit that is not a Parachute
Payment) if, and only to the extent that, a reduction will allow you to receive a greater Net After Tax Amount than you would receive absent a reduction. The remaining provisions of this subsection describe how that intent will be effectuated.

 (b) The Accounting Firm will first determine the amount of any Parachute Payments that are payable to you. The Accounting
Firm will also determine the Net After Tax Amount attributable to your total Parachute Payments. 
 (c) The Accounting Firm will
next determine the amount of your Capped Parachute Payments. Thereafter, the Accounting Firm will determine the Net After Tax Amount attributable to your Capped Parachute Payments. 
 (d) You will receive the total Parachute Payments unless the Accounting Firm determines that the Capped Parachute Payments will yield you a
higher Net After Tax Amount, in which case you will receive the Capped Parachute Payments. If you will receive the Capped Parachute Payments, your total Parachute Payments will be adjusted by first reducing any benefits that are not subject to Code
section 409A and by next reducing any benefits that are subject to Code section 409A (in each case with the reductions first coming from cash benefits and then from noncash benefits). The Accounting Firm will notify you and the Company if it
determines that the Parachute Payments must be reduced to the Capped Parachute Payments and will send you and the Company a copy of its detailed calculations supporting that determination. 
 (e) As a result of any uncertainty in the application of Code sections 280G and 4999 at the time that the Accounting Firm makes its
determinations under this Section 6, it is possible that amounts will have been paid or distributed to you that should not have been paid or distributed under this Section 6 (“Overpayments”), or that additional amounts should be
paid or distributed to you under this Section 6 (“Underpayments”). If the Accounting Firm determines, based on either controlling precedent, substantial authority or the assertion of a deficiency by the Internal Revenue Service
against you or the Company, which assertion the Accounting Firm believes has a high probability of success, that an Overpayment has been made, then you shall have an obligation to pay the Company upon demand an amount equal to the sum of the
Overpayment plus interest on such Overpayment at the prime rate provided in Code section 7872(f)(2) from the date of your receipt of such Overpayment until the date of such repayment; provided, however, that you shall be obligated to make such
repayment if, and only to the extent, that the repayment would either reduce the amount on which you are subject to tax under Code section 4999 or generate a refund of tax imposed under Code section 4999. If the Accounting Firm determines, based
upon controlling precedent or substantial authority, that an Underpayment has occurred, the Accounting Firm will notify you and the Company of that determination and the Company will pay the amount of that Underpayment to you promptly in a lump sum,
with interest calculated on such Underpayment at the prime rate provided in Code section 7872(f)(2) from the date such Underpayment should have been paid until actual payment. 
 (f) All determinations made by the Accounting Firm under this Section 6 are binding on you and the Company and must be made as soon as
practicable but no later than thirty days after your Date of

  

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Termination. Within thirty days after your Date of Termination, the Company will pay to you the severance pay under Section 4 or the reduced Severance Amount as calculated by the Accounting
Firm pursuant to Section 6. 
 (g) For purposes of this Agreement, the following terms shall have the meanings indicated
below: 
 (i) “Accounting Firm” means the public accounting firm retained as the Company’s independent auditor
as of the date immediately prior to the Change in Control. In the event that the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change in Control, you shall be entitled to appoint another
nationally recognized public accounting firm to make the determinations required hereunder (which accounting firm shall then be referred to as the Accounting Firm hereunder). If, however, such firm declines or is unable to undertake the
determinations assigned to it under this Agreement, then “Accounting Firm” shall mean such other independent accounting firm mutually agreed upon by the Company and you. 
 (ii) “Capped Parachute Payments” means the largest amount of Parachute Payments that may be paid to you without liability for any
excise tax under Code section 4999. 
 (iii) “Net After Tax Amount” means the amount of any Parachute Payments or
Capped Parachute Payments, as applicable, net of taxes imposed under Code sections 1, 3101(b) and 4999 and any state or local income taxes applicable to you as in effect on the date of the payment under Section 6 of this Agreement. The
determination of the Net After Tax Amount shall be made using the highest combined effective rate imposed by the foregoing taxes on income of the same character as the Parachute Payments or Capped Parachute Payments, as applicable, in effect for the
year for which the determination is made. 
 (iv) “Parachute Payment” means a payment that is described in Code
section 280G(b)(2) (without regard to whether the aggregate present value of such payments exceeds the limit prescribed by Code section 280G(b)(2)(A)(ii)). The amount of any Parachute Payment shall be determined in accordance with Code section 280G
and the regulations promulgated thereunder, or, in the absence of final regulations, the proposed regulations promulgated under Code section 280G 
  

	 	7.	Successors: Binding Agreement. 

 (a) The Company will require any successor (whether direct or indirect, by purchase, merger consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such
succession shall be a breach of this Agreement and shall entitle you to terminate your employment and to receive compensation from the Company in the same amount and on the same terms to which you would be entitled hereunder if you terminate your
employment for Good Reason following a Change in Control, except that for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be deemed the Date of Termination. As used in this Agreement,
“Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise. 
 (b) This Agreement shall inure to the benefit of and be enforceable by you and your personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees. If you should die while any amount would still be payable to you hereunder had you continued to live, all such amounts, unless otherwise provided herein, shall be paid in
accordance with the terms of this Agreement to your devisee, legatee or other designee or, if there is no such designee, to your estate. 
  

	 	8.	Notice. 

  

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 For the purpose of this Agreement, notices and all other communications provided for in this
Agreement shall be in writing and shall be deemed to have been duly given when delivered or mailed by United States certified or registered mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth on the first
page of this Agreement, provided that all notice to the Company shall be directed to the attention of the Board with a copy to the Secretary of the Company, or to such other address as either party may have furnished to the other in writing in
accordance herewith, except that notice of change of address shall be effective only upon receipt. 
  

	 	9.	Code Section 409A. 

 This Agreement and the benefits provided under this Agreement are intended to comply with, or otherwise be exempt from, Section 409A of the Code (“Section 409A”), after giving effect to the exemptions in Treasury Regulation
section 1.409A-1(b)(3) through (b)(12). This Agreement shall be administered, interpreted and construed in a manner consistent with Section 409A. If any provision of this Agreement is found not to comply with, or otherwise not be exempt from,
the provisions of Section 409A, it shall be modified and given effect, in the sole discretion of the Board and without requiring your consent, in such manner as the Board determines to be necessary or appropriate to comply with, or to
effectuate an exemption from, Section 409A; provided, however, that in exercising its discretion under this Section 6, the Board shall modify this Agreement in the least restrictive manner necessary. Each payment under this Agreement shall
be treated as a separate identified payment for purposes of Section 409A. 
 With respect to any reimbursement of expenses
of, or any provision of in-kind benefits to you, as specified under this Agreement, such reimbursement of expenses or provision of in-kind benefits shall be subject to the following limitations: (i) the expenses eligible for reimbursement or
the amount of in-kind benefits provided in one taxable year shall not affect the expenses eligible for reimbursement or the amount of in-kind benefits provided in any other taxable year, except for any medical reimbursement arrangement providing for
the reimbursement of expenses referred to in Section 105(b) of the Code; (ii) the reimbursement of an eligible expense shall be made as specified in this Agreement and in no event later than the end of the year after the year in which such
expense was incurred and (iii) the right to reimbursement or in-kind benefit shall not be subject to liquidation or exchange for another benefit. 
 If a payment obligation under this Agreement arises on account of your termination of employment and such payment obligation constitutes “deferred compensation” (as defined under Treasury
Regulation section 1.409A-1(b)(1), after giving effect to the exemptions in Treasury Regulation section 1.409A-1(b)(3) through (b)(12)), it shall be payable only after your “separation from service” (as determined under Treasury Regulation
section 1.409A-1(b)); provided, however, that if you are a “specified employee” (as determined under Treasury Regulation section 1.409A-1(i)), any payment that is scheduled to be paid within six months after such separation from service
shall accrue without interest and shall be paid on the first day of the seventh month beginning after the date of your separation from service or, if earlier, within fifteen days after the appointment of the personal representative or executor of
your estate following your death. 
  

	 	10.	Miscellaneous. 

 No
provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing and signed by you and such officer as may be specifically designated by the Board. No waiver by either party
hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the
same or at any prior or subsequent time. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement. The
validity, interpretation,

  

 10 

 
construction and performance of this Agreement shall be governed by the laws of the Commonwealth of Virginia without regard to its conflicts of law principles. All references to sections of the
Exchange Act or the Code shall be deemed also to refer to any successor provisions to such sections. Any payments provided for hereunder shall be paid net of any applicable withholding required under federal, state or local law. The obligations of
the Company under Section 4 shall survive the expiration of the initial or any extension term of this Agreement if benefits have become payable under such section before such expiration. 
  

	 	11.	Validity. 

 The
invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 
  

	 	12.	Counterparts. 

 This
Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 
  

	 	13.	Arbitration. 

 Any
dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration, conducted before a panel of three arbitrators in the Commonwealth of Virginia, in accordance with the rules of the American
Arbitration Association then in effect. Judgment may be entered on the arbitrator’s award in any court having jurisdiction; provided, however, that you shall be entitled to seek specific performance of your right to be paid the benefits
described in Paragraph 4(b) during the pendency of any dispute or controversy arising under or in connection with this Agreement. 
  

	 	14.	Entire Agreement. 

 This
Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and during the term of the Agreement supersedes the provisions of all prior agreements, promises, covenants, arrangements,
communications, representations or warranties, whether oral or written, by any officer, employee or representative of any party hereto with respect to the subject matter hereof. 
  

	 	15.	Effective Date. 

 This
Agreement shall become effective as of the date set forth above. If this letter sets forth our agreement on the subject matter thereof, kindly sign and return to the Company the enclosed copy of this letter, which will then constitute our agreement
on this subject. 
 Sincerely, 
 _________________________________ 
 [Name] 
 [Title] 
  
 Agreed as of the ______ day 
 of
____________, ___________ 
  

 11Exhibit 10.15

 Exhibit 10.15 
 AMENDED AND RESTATED OWENS & MINOR, INC. 
 MANAGEMENT EQUITY OWNERSHIP PROGRAM AND 
 STOCK OWNERSHIP REWARDS PROGRAM 
 SECTION I. DEFINITIONS 
 1.1
Annual Bonus means the cash portion of any Incentive Award. 
 1.2 Base Salary means the annual salary paid by the Company to a
Participant for performance of his or her job excluding any benefits, Incentive Awards, bonuses or any component of pay other than the base amount. 
 1.3 Board means the Board of Directors of the Company. 
 1.4 Business Day means any day on which the New York Stock
Exchange is open and the Common Stock is traded. 
 1.5 Committee means the Compensation & Benefits Committee of the Board or
any successor committee. 
 1.6 Common Stock means the Common Stock, $2.00 par value, of Owens & Minor, Inc. 
 1.7 Company means Owens & Minor, Inc., including its Subsidiaries. 
 1.8 Equity Ownership Dividend means the Tier One Equity Ownership Dividend and/or the Tier Two Equity Ownership Dividend, as applicable. 
 1.9 Fair Market Value means, as of any given date, the closing price of a share of Common Stock as reported on the New York Stock Exchange composite
tape as of such date, or if the Common Stock was not traded on the New York Stock Exchange on such day, then on the next preceding day that the Common Stock was traded on such exchange, all as reported by such source as the Committee may select.

 1.10 Fourth Quarter Fair Market Value means the greater of (i) the average Fair Market Value of a share of Common Stock for all
trading days during the fourth quarter of the calendar year for which the value is calculated or (ii) the Fair Market Value on the last day in such fourth quarter of the “Section 16 window period” pursuant to the Company’s
Section 16 Compliance Program. 
 1.11 Incentive Award means an award under the Stock Incentive Plan (or any successor plan)
approved by the Committee which entitles the recipient to shares of Common Stock, cash or a combination of Common Stock and cash. 
  

 1 

 1.12 Interim Stock Ownership Requirement shall have the meaning specified in subsection 3.2 hereof.

 1.13 Own or Owns means, with respect to shares of Common Stock, shares of which the Participant is the beneficial owner within
the meaning of Rule 16a-1(2) under the Securities Exchange Act of 1934, as amended, but excluding any options to purchase shares of Common Stock. Shares of Common Stock of which a Participant is the beneficial owner will include, by way of example,
(i) shares, whether registered in the owner’s name or in nominee name, which are owned by the Participant, his spouse or any member of his immediate family living in his household, (ii) shares held by the Participant in or through any
benefit plan of the Company, (iii) shares of restricted stock (including Restricted Stock awarded under this Program) and (iv) in certain cases, shares owned by a trust of which the Participant, his or her spouse or an immediate family
member living in the Participant’s household is a trustee or beneficiary. 
 1.14 Participant means a Teammate designated in
subsection 2.5 hereof or selected to participate in the Program by the Committee pursuant to subsection 2.5 hereof. 
 1.15 Performance
Shares means an award to a Tier One Participant that will entitle such Participant to shares of Common Stock contingent upon the achievement by the Company of one or more performance requirements established by the Committee and subject to such
other terms and conditions as determined by the Committee and set forth in an award agreement to the Tier One Participant. 
 1.16
Program means the Amended and Restated Owens & Minor, Inc. Management Equity Ownership Program and Stock Ownership Rewards Program, as it may be amended from time to time. 
 1.17 Restricted Period shall mean the period of time specified in this Program with respect to particular grants of Restricted Stock during which the restrictions provided by Section VI hereof and
as otherwise determined by the Committee shall apply. 
 1.18 Restricted Stock means shares of Common Stock which are awarded by the
Company under this Program subject to forfeiture, restrictions on transfer and such other restrictions as are provided by Section VI hereof and as otherwise determined by the Committee and set forth in an award agreement to the Participant.

 1.19 Stock Incentive Plan means the Company’s 2005 Stock Incentive Plan approved by the shareholders of the Company on
April 28, 2005 or any successor plan. 
 1.20 Stock Purchase Period means the period of time beginning on the date the Participant
first becomes a Participant under the Program and ending on December 31 of the sixth full calendar year thereafter. 
 1.21
Subsidiary means a corporation of which more than 50% of the total combined voting power of all classes of stock entitled to vote is owned, directly or indirectly, by Owens & Minor, Inc. 
  

 2 

 1.22 Tier One Equity Ownership Dividend shall have the meaning specified in Section IV(a) hereof.

 1.23 Tier One Participant shall have the meaning specified in Section 3.1 hereof. 
 1.24 Tier Two Equity Ownership Dividend shall have the meaning specified in Section IV(b) hereof. 
 1.25 Tier Two Participant shall have the meaning specified in Section 3.1 hereof. 
 1.26 Teammate means any person employed by the Company. 
 1.27 Total Stock Ownership
Requirement shall have the meaning specified in subsection 3.1 hereof. 
 SECTION II. GENERAL TERMS 
 2.1 Purpose of the Program. The purpose of the Program is to promote the interests of the Company and its shareholders by increasing the ownership of
Common Stock by certain key management level Teammates to more closely align their financial rewards with the performance of the Company and to motivate these Teammates to manage the Company for long-term growth and profitability. 
 2.2 Administration of the Program. The Program shall be administered by the Committee which shall have exclusive and absolute authority and
discretion to interpret the Program, to establish and modify rules for the administration of the Program, to impose such conditions and restrictions as it determines appropriate with respect to the Program and to take such other actions and make
such other determinations as it may deem necessary or advisable for the implementation and administration of the Program. Notwithstanding any provision in the Program to the contrary, the Committee shall have the authority to waive or modify any
stock ownership requirement set forth in Section 3 of the Program; provided that any such modification or waiver is applied uniformly to all Participants. All actions taken and all interpretations and determinations made by the Committee in
good faith shall be final and binding upon the Participants, the Company and all other interested persons. No member of the Committee shall be personally liable for any action, determination or interpretation made in good faith with respect to the
Program or any award of Restricted Stock hereunder. 
 2.3 Effective Date and Term of the Program. The Program, as amended and restated
herein, will become effective on January 1, 2009 and will continue in effect until terminated by the Board. Equity Ownership Dividends awarded for the achievement of Interim Stock Ownership Requirements or Total Stock Ownership Requirements for
years prior to calendar year 2009 shall be awarded in accordance with the terms of the Owens & Minor, Inc. Management Equity Program/Stock Ownership Rewards Program as in effect on December 31, 2008. 
  

 3 

 2.4 Scope of the Program. The Program is subject in all respects to the provisions of the Stock
Incentive Plan. All shares of Restricted Stock issued and Performance Shares awarded under the Program shall be provided from shares of Common Stock authorized under the Stock Incentive Plan. In the event there are insufficient shares of Common
Stock authorized under the Stock Incentive Plan or any successor or replacement plan to make the grants of Restricted Stock or awards of Performance Shares contemplated by this Program, then no such grants of Restricted Stock or awards of
Performance Shares shall be made under this Program. 
 2.5 Eligibility. Participants in the Program shall be selected by the Committee
from among those management level Teammates who, in the opinion of the Committee, are in a position to contribute materially to the Company’s growth and development and to its long-term financial success. The Chief Executive Officer, the
President and any Executive Vice President, Senior Vice President, Vice President and Regional Vice President of Owens & Minor, Inc. (or, in each case, the same positions bearing different titles) shall automatically be Participants in the
Program effective on the date on which he or she is appointed to or employed in such position. Notwithstanding the foregoing, any teammate appointed to or employed in one of the foregoing positions (or other position qualifying for participation
under the Program) during the fourth quarter of a calendar year shall not become a Participant until January 1 of the following year. 
 SECTION III. COMMON STOCK OWNERSHIP REQUIREMENTS 
 3.1 Five-Year Ownership Requirement. Each Participant will be
required to own shares of Common Stock the Fourth Quarter Fair Market Value of which as of the last day of the Participant’s Stock Purchase Period is not less than the applicable ownership multiple designated in the table below (as such
ownership multiple may be changed by the Committee) multiplied by the Participant’s then-current Base Salary (the “Total Stock Ownership Requirement”). 
  

			
	 Position
	  	 Ownership Multiple of Base Salary

	 I. Tier One Participants (each, a “Tier One Participant”)

	 Chief Executive Officer
	  	4.0X
	 President
	  	3.0X
	 Executive Vice President
	  	2.0X
	 Senior Vice President
	  	1.5X
	 Vice President, Group Vice President, Regional Vice President
	  	1.0X
	 Other Management Level Teammates who are Participants
	  	As designated by the Committee
	 II. Tier Two Participants (each, a “Tier Two Participant”)

	 Management Level Teammates designated by the Committee
	  	0.5X

  

 4 

 In the event a Participant is promoted to a higher position with a higher ownership multiple during
the Participant’s Stock Purchase Period, a new Stock Purchase Period shall commence for such Participant effective January 1 following the date of promotion with an initial Interim Ownership Requirement of 10% and increasing ownership
requirements thereafter in accordance with Section 3.2; provided however that, with respect to the calendar year in which the promotion is made, the Participant shall continue to be required to meet the otherwise applicable Interim Stock
Ownership Requirement or Total Stock Ownership Requirement based on the Participant’s relevant ownership multiple and Base Salary immediately prior to the date of promotion. In the event a Participant is promoted to a higher position with a
higher ownership multiple following the Participant’s Stock Purchase Period, a new Stock Purchase Period shall commence for such Participant as specified in the preceding sentence unless, as of the date of promotion, such Participant
would already meet his or her new Total Stock Ownership Requirement (in which case such Participant shall continue to be eligible to receive awards of Performance Shares based upon his or her new Total Stock Ownership Requirement as otherwise
specified in Section IV(a)). 
 3.2 Interim Ownership Requirement. As of each December 31 during a Participant’s Stock Purchase
Period, such Participant will be required to own shares of Common Stock the Fourth Quarter Fair Market Value of which as of each such date is not less than the respective percentages designated in the table below of the Participant’s Total
Stock Ownership Requirement (the “Interim Stock Ownership Requirement”). 
  

			
	 December 31
	  	Percentage of Total Stock
Ownership
Requirement
	 1st
	  	No Requirement
	 2nd
	  	10%
	 3rd
	  	25%
	 4th
	  	45%
	 5th
	  	65%
	 6th
	  	85%
	 7th
	  	100%

 SECTION IV. RESTRICTED STOCK
AWARDS 
 Equity Ownership Dividends. 
  

	(a)	 Tier One Participants. Each Tier One Participant who, as of December 31 of any year during the term of such Participant’s Stock Purchase
Period, achieves the applicable Interim Stock Ownership Requirement or Total Stock Ownership Requirement as specified in

  

 5 

	 	 
subsections 3.1 and 3.2 hereof will receive an award of Restricted Stock equal to 10% of the Fourth Quarter Fair Market Value of all Common Stock owned by the Tier One Participant up to the Total
Stock Ownership Requirement (the “Tier One Equity Ownership Dividend”), subject to such terms and conditions as may be prescribed by the Committee and the full and complete authority of the Committee to modify the amount or eliminate the
payment of Tier One Equity Ownership Dividends with respect to any calendar year and any Tier One Participant. Notwithstanding the foregoing, with respect to any Tier One Participant who achieves his or her Total Stock Ownership Requirement as of
December 31 of any year during such participant’s Stock Purchase Period, the Tier One Participant shall no longer be entitled to receive a Tier One Equity Ownership Dividend with respect to any year subsequent to the year in which such
Total Stock Ownership Requirement is initially achieved. Instead, with respect to each year subsequent to the year during the Stock Purchase Period in which the Tier One Participant’s Total Stock Ownership Requirement is initially achieved and
provided that the Tier One Participant continues to maintain such Total Stock Ownership Requirement as of the last day of each such subsequent year, the Tier One Participant shall receive a number of Performance Shares equal to 5% of the Tier One
Participant’s Total Stock Ownership Requirement as of the December 31 (or December 31, 2008 with respect to a Tier One Participant who met his or her Total Stock Ownership Requirement on or before December 31, 2008) in which such
requirement is initially achieved divided by the Fourth Quarter Fair Market Value on such date , subject to such terms and conditions as may be prescribed by the Committee and the full and complete authority of the Committee to modify the amount or
eliminate the award of Performance Shares with respect to any calendar year and any Tier One Participant. 

  

	(b)	Tier Two Participants. Each Tier Two Participant who, as of December 31 of any year during the term of this Program, achieves the applicable Interim Stock
Ownership Requirement or Total Stock Ownership Requirement as specified in subsections 3.1 and 3.2 hereof will receive an award of either 100, 150 or 200 shares of Restricted Stock (the “ Tier Two Equity Ownership Dividend”), as determined
and designated by the Committee for each Tier Two Participant and subject to such terms and conditions as may be prescribed by the Committee and the full and complete authority of the Committee to modify the amount or eliminate the payment of the
Tier Two Equity Ownership Dividend with respect to any calendar year and any Tier Two Participant. 

  

	(c)	Each award of an Equity Ownership Dividend or Performance Shares hereunder, as applicable, will be determined based on the Fourth Quarter Fair Market Value of the
Common Stock on December 31 of the year in which the Interim Stock Ownership Requirement or the Total Stock Ownership Requirement, as the case may be, is achieved. Equity Ownership Dividends and Performance Shares will be granted upon approval
by the Committee not later than March 1 of the year following achievement of the applicable stock ownership requirement. The Restricted Period for any shares of Restricted Stock awarded pursuant to this Section IV shall expire five years from
the date of grant, subject to such terms and conditions as may be prescribed by the Committee. 

  

 6 

 SECTION V. FAILURE TO ACHIEVE STOCK OWNERSHIP REQUIREMENTS 
 A Tier One Participant who, as of the second December 31 during the Participant’s Stock Purchase Period and each December 31
thereafter during the term of this Program, fails to achieve the applicable Interim Stock Ownership Requirement or Total Stock Ownership Requirement, will incur the following consequences: 
  

			
	 December 31
	  	 Consequences of Failure to Achieve
 Stock Ownership Requirement

	 2nd
	  	25% of Annual Bonus, if any, will be paid in Restricted Stock
	 3rd
	  	50% of Annual Bonus, if any, will be paid in Restricted Stock
	 4th
	  	75% of Annual Bonus, if any, will be paid in Restricted Stock
	 5th
	  	100% of Annual Bonus, if any, will be paid in Restricted Stock
	 6th
	  	100% of Annual Bonus, if any, will be paid in Restricted Stock
		  	and 50% of the following year’s Base Salary increase, if any, will
		  	be paid in Restricted Stock
	 7th and thereafter
	  	 100% of Annual Bonus, if any, will be paid in Restricted Stock
 and 100% of the following year’s Base Salary increase, if any,
 will be paid in Restricted
Stock

 The number of shares of Restricted Stock granted in lieu of cash payment of Annual Bonus or Base Salary increase will
be determined based on the Fair Market Value of the Common Stock on the date the Annual Bonus or Base Salary increase is awarded. The Restricted Period for any shares of Restricted Stock granted pursuant to this Section V in respect of Annual Bonus
shall commence on the date the Annual Bonus is awarded and expire three years from the date of grant, subject to such terms and conditions as may be prescribed by the Committee. The Restricted Period for any shares of Restricted Stock granted
pursuant to this Section V in respect of Base Salary increase shall be two years from the date of grant, subject to such terms and conditions as may be prescribed by the Committee. 
 This Section V shall not apply to Tier Two Participants who fail to achieve their applicable ownership requirements hereunder. 
 SECTION VI. RESTRICTED STOCK 
 6.1 Terms of Restricted Stock. Until the
expiration of the Restricted Period or the lapse of restrictions as determined by the Committee, shares of Restricted Stock issued to Participants under the Program shall be subject to the following restrictions and any additional restrictions that
the Committee in its sole discretion, may determine; provided, however, the Participant shall have beneficial ownership of shares of Restricted Stock, including the right to receive cash dividends on and the right to vote shares of Restricted Stock:

  

 7 

 (i) Participants shall not be entitled to receive the certificate or certificates
representing shares of Restricted Stock; 
 (ii) Shares of Restricted Stock may not be sold, transferred, assigned, pledged,
conveyed, hypothecated or otherwise disposed of; and 
 (iii) Shares of Restricted Stock may be forfeited immediately as
determined by the Committee and set forth in an award agreement to the Participant. 
 Any stock dividends or other shares of Company stock or
other property issued in respect of Restricted Stock, including without limitation, shares issued in connection with stock splits and recapitalizations, will be subject to the same restrictions applicable to the Restricted Stock. 
 6.2 Custody of Shares of Restricted Stock. Any certificates representing shares of Restricted Stock issued under the Program shall be issued in the
Participant’s name but shall be held by the Company (or its transfer agent) during the Restricted Period. The Company shall serve as attorney-in-fact for the Participant during the Restricted Period with full power and authority in the
Participant’s name to assign and convey to the Company any shares of Restricted Stock held by the Company for such Participant if the Participant forfeits the shares under the terms of the Restricted Stock. Each certificate representing shares
of Restricted Stock may bear a legend referring to the Program and the risk of forfeiture of the shares and stating that such shares are nontransferable until all restrictions have been satisfied and the legend has been removed. 
 6.3 Distribution of Restricted Stock. If a Participant who receives shares of Restricted Stock under the Program remains in the continuous employment
of the Company during the entire Restricted Period and otherwise does not forfeit such shares, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates
representing the shares of Common Stock that were granted to the Participant in the form of shares of Restricted Stock shall be delivered to the Participant. 
 6.4 Forfeiture and Lapse of Restrictions. Shares of Restricted Stock awarded to Participants under the Program shall be subject to forfeiture and/or lapse of restrictions under circumstances as may
be determined by the Committee and set forth in an the applicable award agreement to the Participant. 
 SECTION VII. MISCELLANEOUS
PROVISIONS 
 7.1 Termination and Amendment. The Board at any time may amend or terminate the Program. Notwithstanding any
expiration or termination of the Program, outstanding shares of Restricted Stock or Performance Shares shall continue to be governed by the terms of their separate award agreements. 
 7.2 Withholding. Each Participant shall pay to the Company any amount necessary to satisfy applicable federal, state or local tax withholding requirements attributable to an award of

  

 8 

 
Restricted Stock or Performance Shares under the Program, or upon the vesting of Restricted Stock, promptly upon notification of the amount due. Such amounts to be paid by the Participant, at the
election of the Committee, may be withheld from the shares of Common Stock that otherwise would be distributed to such Participant pursuant to the Program. 
 7.3 Legal and Other Requirements. The grant or distribution of shares of Restricted Stock or Performance Shares shall be subject to the condition that if at any time the Company determines in its
discretion that the satisfaction of withholding tax or other tax liabilities, or the listing, registration or qualification of any shares of Common Stock upon any securities exchange or under and federal or state law, or the consent or approval of
any regulatory body, is necessary or desirable as a condition of, or in connection with such grant or distribution, then in any such event, such grant or distribution shall not be effective unless such liabilities have been satisfied or such
listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. 
 7.4 Choice of Law. The Program, its validity, interpretation and administration and the rights and obligations of all persons having an interest therein shall be governed by and construed in accordance with the laws of the
Commonwealth of Virginia, except to the extent that such laws may be preempted by federal law. 
 7.5 Adjustment Upon Changes in
Capitalization. In the event of a recapitalization, stock split, stock dividend, exchange, combination or reclassification of shares, merger, consolidation, reorganization or other change in or affecting the capital structure or capital stock of
the Company, the Board, upon recommendation of the Committee, may make appropriate adjustments in the number and kind of shares subject to outstanding Restricted Stock or Performance Share grants as it deems equitable to prevent dilution or
enlargement of the rights of Participants. 
 7.6 Fractional Shares. The Company shall not be required to issue or deliver any fractional
share of Restricted Stock issuable under this Program but shall round each award of shares of Restricted Stock or Performance Shares hereunder up to the nearest whole share. 
 7.7 No Employment Contract. The Program shall not confer upon any Participant any right to continued employment by the Company nor shall the Program in any way interfere with the right of the
Company to terminate the employment of any Participant at any time. 
 Amended and Restated December 2008 
  

 9

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