Document:

EX-10.11

 Exhibit 10.11 

 
  
 PLEDGE AND SECURITY AGREEMENT 
 dated as of January 31, 2014

 among 
 J.A. COSMETICS HOLDINGS, INC. 
 AND THE OTHER PERSONS FROM

 TIME TO TIME PARTY HERETO 
 as Grantors, 
 and 

BANK OF MONTREAL, 
 as Administrative Agent 
  

 

 PLEDGE AND SECURITY AGREEMENT 

This PLEDGE AND SECURITY AGREEMENT (as amended, restated or supplemented from time to time, this “Agreement”) dated as
of January 31, 2014, is made by each of the Grantors referred to below, in favor of BANK OF MONTREAL, in its capacity as Administrative Agent for each Lender Party (as defined in the Credit Agreement) (in such capacity, together with its successors
and permitted assigns in such capacity, if any, the “Administrative Agent”). 
 RECITALS:

 WHEREAS, J.A. Cosmetics Holdings, Inc., a Delaware corporation (“Holdings”), as the initial
borrower (the “Initial Borrower”; each of the Initial Borrower, and each Domestic Subsidiary of Initial Borrower who hereafter becomes a “Borrower” thereunder pursuant to a Joinder Agreement, are referred to individually
as a “Borrower” and collectively as the “Borrowers”), each Person that becomes a “Guarantor” thereunder or otherwise guaranties all or any part of the Obligations (as defined therein), each a
“Guarantor” and collectively with Holdings, the “Guarantors,” and together with the Borrowers and each other Person that executes a supplement hereto and becomes an “Additional Grantor” hereunder,
each a “Grantor” and collectively, the “Grantors”), the lenders from time to time party thereto (each a “Lender” and collectively, the “Lenders”) and Administrative Agent, Swing Line
Lender (as defined therein) and L/C Issuer (as defined therein) are parties to that certain Credit Agreement, dated as of the date hereof (such agreement, as amended, restated, supplemented, modified or otherwise changed from time to time, including
any replacement agreement therefor, being hereinafter referred to as the “Credit Agreement”); 
 WHEREAS,
pursuant to the Credit Agreement, the Lenders have agreed to make certain term loans and revolving loans, which revolving loans will include subfacilities for the issuance of letters of credit and swingline loans to the Borrowers (each a
“Loan” and collectively, the “Loans”); 
 WHEREAS, it is a condition precedent to the
Lenders making the Loans to the Borrowers pursuant to the Credit Agreement that each Grantor shall have executed and delivered to Administrative Agent a pledge to Administrative Agent, for the benefit of the Lender Parties, and the grant to
Administrative Agent, for the benefit of the Lender Parties, of (a) a security interest in and Lien (as defined in the Credit Agreement) on the outstanding shares of Equity Interests (as defined in the Credit Agreement) and indebtedness from time to
time owned by such Grantor of each Subsidiary now or hereafter existing and in which such Grantor has any interest at any time, and (b) a security interest in substantially all other personal property and fixtures of such Grantor, in each case,
excluding the Excluded Assets; 
 WHEREAS, the Grantors are mutually dependent on each other in the conduct of their
respective businesses as an integrated operation, with credit needed from time to time by each Grantor often being provided through financing obtained by the other Grantors and the ability to obtain such financing being dependent on the successful
operations of all of the Grantors as a whole; and 

  
 1 

 WHEREAS, each Grantor has determined that the execution, delivery and performance of
this Agreement directly benefit, and are in the best interest of, such Grantor; 
 NOW, THEREFORE, in consideration of
the premises and the agreements herein and in order to induce Administrative Agent, the L/C Issuer, the Lenders and the other Lender Parties to make and maintain the Loans and to issue or participate in Letters of Credit and Swing Line Loans and to
provide other financial accommodations to the Borrowers pursuant to the Credit Agreement, the Grantors hereby jointly and severally agree with Administrative Agent, for the benefit of the Lender Parties, as follows: 

SECTION 1. Definitions. 
 (a) All capitalized terms used in this Agreement and the recitals hereto which are defined in the Credit Agreement or in Article 8 or 9 of the Uniform Commercial Code as in effect from time to time in the
State of New York (the “UCC”) and which are not otherwise defined herein shall have the same meanings herein as set forth therein. 
 (b) The following terms shall have the respective meanings provided for in the UCC: “Accounts,” “Account Debtor,” “Cash Proceeds,” “Certificate of Title,”
“Chattel Paper,” “Commercial Tort Claim,” “Commodity Account,” “Commodity Contracts,” “Deposit Account,” “Documents,” “Electronic Chattel Paper,” “Equipment,”
“Fixtures,” “General Intangibles,” “Goods,” “Instruments,” “Inventory,” “Investment Property,” “Letter-of-Credit Rights,” “Noncash Proceeds,” “Payment
Intangibles,” “Proceeds,” “Promissory Notes,” “Record,” “Securities Account,” “Security Entitlements,” “Software,” and “Supporting Obligations.” 

(c) Reference is hereby made to Section 1.01 of the Credit Agreement, the terms of which are hereby incorporated by reference herein as
if fully set forth herein. 
 (d) As used in this Agreement, the following terms shall have the respective meanings indicated
below: 
 “Additional Collateral” has the meaning specified therefor in Section 4(a)(i) hereof.

 “Copyrights” means any and all rights arising under applicable Law in (i) copyrights, whether or not
published, (ii) copyright registrations and recordings thereof and all applications in connection therewith including those listed on Schedule II hereto, (iii) all renewals, extensions, restorations and reversions thereof, (iv) income,
license fees, royalties, damages, and payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future
infringements thereof, and (v) the right to sue for past, present, and future infringements thereof. 
 Excluded Assets:
(a) any lease, license or agreement or any assets or property subject to such agreement, other than Inventory and Accounts, that would otherwise be included as Collateral but for the express terms of any permit, lease, license, contract or other
agreement or instrument applicable to such asset or property, in each case, to the extent a grant to 

  
 2 

 
Administrative Agent of a security interest in and to such asset or property or under which the grant to Administrative Agent of a security interest in and to such asset or property would violate
or invalidate such lease, license or agreement or create a right of termination in favor of any other party thereto (other than a Grantor or Affiliate of a Grantor) or otherwise require consent thereunder (other than to the extent that any such term
would be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law); provided, however, that such assets or
property shall constitute “Excluded Assets” only to the extent and for so long as such permit, lease, license, contract or other agreement or instrument applicable to such asset or property or applicable Law validly prohibits the creation
of a Lien on such property or asset in favor of Administrative Agent and, upon the termination of such prohibition or circumstance (by written consent or in any other manner), such property shall cease to constitute “Excluded Assets”; (b)
all governmental licenses, charters and authorizations that would otherwise be included as Collateral but for the express terms of applicable Law (other than to the extent that any such term would be rendered ineffective pursuant to Sections 9-406,
9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law) that prohibits or restricts the grant to Administrative Agent of a security interest in and to such governmental
license, charter or authorization; provided, however, that such governmental licenses, charters and authorizations shall constitute “Excluded Assets” only to the extent and for so long as such applicable Law validly prohibits
the creation of a Lien on such governmental license, charter or authorization in favor of Administrative Agent and, upon the termination of such prohibition or circumstance (by written consent or in any other manner), such property shall cease to
constitute “Excluded Assets”; (c) (i) Equity Interests of any first-tier Foreign Subsidiary, Excluded Domestic Holdco or Excluded Domestic Subsidiary in excess of 65% of the aggregate Equity Interests of such first-tier Foreign Subsidiary,
Excluded Domestic Holdco or Excluded Domestic Subsidiary and (ii) Equity Interests of any other Foreign Subsidiary, Excluded Domestic Holdco or Excluded Domestic Subsidiary; (d) motor vehicles, airplanes and other assets, the perfection of which
requires notation on a certificate of title or ownership; (e) Letterof-Credit rights (other than those that constitute Supporting Obligations) with a face value of less than $250,000 in the aggregate; (1) Commercial Tort Claims with a value of less
than $1,500,000 in the aggregate; (g) interests in joint ventures and non-wholly-owned Subsidiaries which cannot be pledged without the consent of one or more Persons (other than the Grantors and their respective Affiliates) (other than to the
extent that any such term would be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law); (h) pledges and security
interests prohibited or restricted by applicable Law (including any requirement to obtain the consent of any Governmental Authority or third party (other than a Grantor or Affiliate of a Grantor)) (other than to the extent that any such term would
be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law); (i) any “intent to use” Trademark applications for
which a statement of use or amendment to allege use has not been filed to the extent that, and solely during the period, if any, in which the grant of a security interest therein would impair the validity or enforceability of such intent to use
Trademark application under applicable federal Law (but only until such statement or amendment is filed and accepted); (j) any leasehold interests in real property and any fee owned real property with fair market value of less than $2,000,000; (k)
any property that is subject to a purchase money Lien or a Capital 

  
 3 

 
Lease permitted under the Credit Agreement if the contractual obligation pursuant to which such Lien is granted (or in the document providing for such Capital Lease) prohibits or requires the
consent of any Person other than a Grantor which has not been obtained as a condition to the creation of any other Lien on such equipment, and if and when the prohibition which prevents the granting of a security interest in any such property is
removed, terminated, or otherwise becomes unenforceable as a matter of law, the Administrative Agent will be deemed to have a security interest in such property, and the Collateral will be deemed to include such property; and (1) other assets to the
extent Administrative Agent reasonably determines that the cost of obtaining such pledge or security interest or perfection thereof is excess in relation to the practical benefit to the Lenders thereof; provided, however, that Excluded
Assets shall not include any Proceeds of property described in clauses (a) through (l) above (unless such Proceeds are also described in such clauses). 
 “Existing Issuer” has the meaning specified therefor in the definition of the term “Pledged Shares.” 
 “Intellectual Property” means any and all Patents, Copyrights and Trademarks. 
 “Licenses” means, with respect to any Person (the “Specified Party”), (i) any licenses or other use rights provided to the Specified Party in or with respect to
Intellectual Property owned or controlled by any other Person, and (ii) any licenses or other use rights provided to any other Person in or with respect to Intellectual Property owned or controlled by the Specified Party, in each case, including any
software license agreements (other than license agreements for commercially available off-the-shelf software that is generally available to the public which have been licensed to a Grantor pursuant to end-user licenses). 

“Patents” means patents and patent applications (whether established or registered or recorded in the United States or
any other country or any political subdivision thereof), including the patents and patent applications listed on Schedule III hereto, together with any and all (i) rights and privileges arising under applicable Law with respect to use of any
patents, (ii) inventions and improvements described and claimed therein, (ii) continuations, divisionals, continuations-in-part, re-examinations, and reissue thereof and improvements thereon, (iii) income, fees, royalties, damages, claims and
payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof, and (iv) the right to
sue for past, present, and future infringements thereof. 
 “Pledged Debt” means the indebtedness described in
Schedule IX hereto and all indebtedness from time to time owned or acquired by a Grantor, the promissory notes and other Instruments evidencing any or all of such indebtedness, and all other property from time to time received, receivable or
otherwise distributed in respect of or in exchange for any or all of such indebtedness. 
 “Pledged Interests”
means, collectively, (a) the Pledged Debt, (b) the Pledged Shares and (c) all Security Entitlements in any and all of the foregoing. 

  
 4 

 “Pledged Issuer” has the meaning specified therefor in the definition of
the term “Pledged Shares.” 
 “Pledged Shares” means (a) the shares of Equity Interests described in
Schedule X hereto, whether or not evidenced or represented by any stock certificate, certificated security or other Instrument, issued by the Persons described in such Schedule X (the “Existing Issuers”), (b) the shares of
Equity Interests at any time and from time to time acquired by a Grantor of any and all Persons now or hereafter existing (such Persons, together with the Existing Issuers, being hereinafter referred to collectively as the “Pledged
Issuers” and each individually as a “Pledged Issuer”), whether or not evidenced or represented by any stock certificate, certificated security or other Instrument, and (c) the certificates representing such shares of Equity
Interests, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, Instruments, Investment Property, financial assets, securities, Equity Interests, other equity interests, stock options and
commodity contracts, notes, debentures, bonds, promissory notes or other evidences of indebtedness and all other property (including, without limitation, any stock dividend and any distribution in connection with a stock split) from time to time
received, receivable or otherwise distributed, in each case, in respect of or in exchange for any or all of such Equity Interests. 
 “Secured Obligations” has the meaning assigned to such term in Section 3 hereof. 
 “Securities Act” means the Securities Act of 1933, as amended, or any similar Federal statute, and the rules and regulations of the SEC thereunder, all as the same shall be in effect from
time to time. 
 “Trademarks” means any and all trademarks, trade names, registered trademarks, trademark
applications, service marks, registered service marks, brand names, domain names, logos, symbols, trade dress, assumed names, fictitious names and service mark applications, and all registrations and applications for the foregoing (whether statutory
or common law and whether established or registered in the United States or any other country or any political subdivision thereof) including the registrations and applications listed on Schedule IV hereto, together with (i) all extensions,
modifications and renewals thereof, (ii) all income, royalties, damages and payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments
for past or future infringements or dilutions thereof, (iii) the right to sue for past, present and future infringements and dilutions thereof, and (iv) the goodwill of the business symbolized by the foregoing or connected therewith. 

SECTION 2. Grant of Security Interest. As collateral security for the payment and performance when due of all of the
Secured Obligations, each Grantor hereby pledges and collaterally assigns to Administrative Agent, and grants to Administrative Agent, for the benefit of the Lender Parties, a continuing security interest in, the following personal property and
Fixtures of such Grantor, wherever located and whether now or hereafter existing and whether now owned or hereafter acquired, of every kind and description, tangible or intangible (all being collectively referred to herein as the
“Collateral”): 
 (a) all Accounts; 

  
 5 

 (b) all Goods, including, without limitation, all Equipment (including rolling stock),
Fixtures and Inventory; 
 (c) all Chattel Paper (whether tangible or electronic); 

(d) the Commercial Tort Claims specified on Schedule VIII; 

(e) all Deposit Accounts, all cash, and all other property from time to time deposited therein or otherwise credited thereto and the
monies and property in the possession or under the control of Administrative Agent or any Lender Party or any affiliate, representative, agent or correspondent of Administrative Agent or any Lender Party; 

(f) all Documents; 
 (g) all General Intangibles (including, without limitation, all Payment Intangibles, Intellectual Property and Licenses and all goodwill of the business in connection therewith); 

(h) all Instruments (including, without limitation, Promissory Notes); 

(i) all Investment Property; 
 (j) all Letter-of-Credit Rights; 
 (k) all Pledged Interests; 

(l) all Supporting Obligations; 
 (m) all other tangible and intangible personal property of such Grantor (whether or not subject to the UCC), including, without limitation, all bank and other accounts and all cash and all investments
therein, all proceeds, products, offspring, accessions, rents, profits, income, benefits, substitutions and replacements of and to any of the property of such Grantor described in the preceding clauses of this Section 2 hereof (including,
without limitation, any proceeds of insurance thereon and all causes of action, claims and warranties now or hereafter held by such Grantor in respect of any of the items listed above), and all books, correspondence, files and other Records,
including, without limitation, all tapes, disks, cards, Software, data and computer programs in the possession or under the control of such Grantor that at any time evidence or contain information relating to any of the property described in the
preceding clauses of this Section 2 hereof or are otherwise necessary or helpful in the collection or realization thereof; and 
 (n) all Proceeds, including all Cash Proceeds and Noncash Proceeds, and products of any and all of the foregoing Collateral; 
 in each case howsoever such Grantor’s interest therein may arise or appear (whether by ownership, security interest, claim or otherwise). 

  
 6 

 Notwithstanding anything herein to the contrary, (i) the term “Collateral” shall
not include, and no Grantor is pledging, nor granting a security interest hereunder in, any Excluded Assets, (ii) the Debtors shall not be required to take any action intended to cause Excluded Assets to constitute Collateral and (iii) none of the
covenants or representations and warranties herein or in any other Security Instrument shall be deemed to apply to any property constituting Excluded Assets. 
 SECTION 3. Security for Secured Obligations. The security interest created hereby in the Collateral constitutes continuing collateral security for all of the following obligations, whether
now existing or hereafter incurred (the “Secured Obligations”): 
 (a) the prompt payment by each Grantor, as
and when due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), of all amounts from time to time owing by it in respect of (i) the Secured Obligations (as defined in the Credit Agreement), and (ii)
in the case of a Guarantor, all amounts from time to time owing by such Grantor in respect of its guaranty made pursuant to Article XI of the Credit Agreement or under any other guaranty to which it is a party, in each case, with respect to such
Loan Obligations; and 
 (b) the due performance when due by each Grantor of all of its other obligations from time to time
existing in respect of the Loan Documents. 
 SECTION 4. Delivery of the Pledged Interests. 

(a) 1. Subject to Section 4.01 of the Credit Agreement, all promissory notes having a face amount in excess of $1,500,000 evidencing the
Pledged Debt and all certificates representing the Pledged Shares shall be delivered to Administrative Agent as of the Closing Date. All hereafter acquired promissory notes having a face amount in excess of $1,500,000, Instruments having a face
amount in excess of $1,500,000 and certificates, in each case, constituting Pledged Interests (the “Additional Collateral”) shall be delivered to Administrative Agent promptly upon, but in any event within thirty (30) days (or such
longer time as the Administrative Agent may permit in its discretion) of, receipt thereof by or on behalf of any of the Grantors. All such promissory notes, certificates and Instruments shall be held by or on behalf of Administrative Agent pursuant
hereto and shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment or undated stock powers executed in blank, all in form and substance reasonably satisfactory to
Administrative Agent. If any material Pledged Interests consist of uncertificated securities, at the Administrative Agent’s request, such Grantor shall cause each issuer of such securities to agree that it will comply with instructions
originated by Administrative Agent with respect to such securities without further consent by such Grantor. If any Pledged Interests consist of Security Entitlements with a value in excess of $1,500,000, such Grantor shall transfer such Security
Entitlements to Administrative Agent (or its custodian, nominee or other designee), or use commercially reasonable efforts to cause the applicable securities intermediary to agree that it will comply with entitlement orders by Administrative Agent
without further consent by such Grantor; provided, that Administrative Agent agrees that it shall not issue such entitlement orders except in accordance with the terms of this Agreement. 

  
 7 

 2. Within thirty (30) days (or such longer time as the Administrative Agent
may permit in its discretion) of the receipt by a Grantor of any Additional Collateral, a Pledge Amendment, duly executed by such Grantor, in substantially the form of Exhibit A hereto (a “Pledge Amendment”), shall be
delivered to Administrative Agent, in respect of the Additional Collateral that must be pledged pursuant to this Agreement. The Pledge Amendment shall from and after delivery thereof constitute part of Schedules IX and X hereto. Each Grantor hereby
authorizes Administrative Agent to attach each Pledge Amendment to this Agreement and agrees that all promissory notes, certificates or Instruments listed on any Pledge Amendment delivered to Administrative Agent shall for all purposes hereunder
constitute Pledged Interests and such Grantor shall be deemed upon delivery thereof to have made the representations and warranties set forth in Sections 5(h), (i), (j) and (l) hereof with respect to such Additional
Collateral. 
 (b) If any Grantor shall receive, by virtue of such Grantor’s being or having been an owner of any Pledged
Interests, any (i) stock certificate (including, without limitation, any certificate representing a stock dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets,
combination of shares, stock split, spin-off or split-off), certificated Investment Property, promissory note, other Instrument, such Grantor shall deliver such stock certificate, certificated Investment Property, promissory note or Instrument, as
the case may be, to the Administrative Agent in accordance with the terms of this Agreement. 
 SECTION 5.
Representations and Warranties. Each Grantor jointly and severally represents and warrants as follows: 
 (a)
Schedule I hereto sets forth as of the Closing Date (i) the exact legal name of each Grantor, (ii) the state or jurisdiction of organization of each Grantor, (iii) the type of organization of each Grantor and (iv) the organizational
identification number of each Grantor or states that no such organizational identification number exists. 
 (b) Reserved.

 (c) All Equipment, Fixtures, Inventory and other Goods now existing (other than (i) Inventory or Equipment in transit, out
for repair, in the possession of an employee of a Grantor in the Ordinary Course of Business (including laptops and cell phones) or, any other Inventory and Equipment having a value less than $500,000 in the aggregate) are located at the addresses
specified therefor in Schedule V hereto. As of the Closing Date, each Grantor’s chief place of business and chief executive office, the place where such Grantor keeps its Records concerning Accounts and all originals of all Chattel Paper
are located at the addresses specified therefor in Schedule V hereto. None of the Accounts is evidenced by Promissory Notes or other Instruments, except for those that have been delivered to Administrative Agent as required herein. Set forth
in Schedule VI hereto is a complete and accurate list, as of the date of this Agreement, of each Deposit Account, Securities Account and Commodities Account of each Grantor, together with the name and address of each institution at which each
such account is maintained, the account number for each such account and a description of the purpose of each such account. Set forth in Schedule I hereto is, as of the Closing Date, (i) a complete and correct list of each trade name used by
each Grantor and (ii) the name of, and each trade name used by, each Person from which such Grantor has acquired any substantial part of the Collateral within five years prior to the date hereof. 

  
 8 

 (d) As of the Closing Date, (i) Schedule II is a complete and accurate list of all
registered United States federal Copyrights owned by any Grantor and all applications for registration of United States federal Copyrights owned by any Grantor; (ii) Schedule III provides a complete and accurate list of all issued United
States federal Patents owned by any Grantor and all applications for United States federal Patents owned by any Grantor; and (iv) Schedule IV provides a complete and correct list of all United States federal registered Trademarks owned by any
Grantor and all applications for registration of United States federal Trademarks owned by any Grantor. 
 (e) (i) (A) To the
knowledge of each Grantor, such Grantor owns, or holds licenses in, or otherwise possesses rights in, all Intellectual Property that is necessary to the operation of its business as currently conducted, or (B) each Grantor is the sole and exclusive
owner of the Intellectual Property set forth on Schedules II, III and IV (free and clear of any Liens other than Permitted Liens). 
 (ii) As of the Closing Date, except for those claims which could not reasonably be expected to result in a Material Adverse Effect, no claims with respect to the Intellectual Property rights of any
Grantor are pending or, to the knowledge of any Grantor, threatened against any Grantor or, to the knowledge of any Grantor, any other Person, (i) alleging that the use of such Intellectual Property as now used by any Grantor infringes on any
Intellectual Property of any third party, (ii) against the use by any Grantor or any third party of any technology, know-how or computer software used in any Grantor’s business as currently conducted or (iii) challenging the ownership by any
Grantor, or the validity or effectiveness, of any such Intellectual Property. 
 (f) Except for those claims which would not
reasonably be expected to result in a Material Adverse Effect, (i) no Grantor is infringing on any Intellectual Property of any third party and (ii) none of the Intellectual Property rights of any Grantor infringes on any Intellectual Property of
any third party. 
 (g) All U.S. federal registered Copyrights, registered Trademarks, and issued Patents that are owned by such
Grantor and necessary to the conduct of its business are valid, subsisting and enforceable, except as could not reasonably be expected to have a Material Adverse Effect. 
 (h) The Existing Issuers set forth in Schedule X identified as a Subsidiary of a Grantor are each such Grantor’s only Subsidiaries existing on the date hereof. The Pledged Shares have been
duly authorized and validly issued and are fully paid and nonassessable (as applicable). Except as noted in Schedule X hereto, the Pledged Shares constitute 100% of the issued shares of Equity Interests of the Pledged Issuers as of the date
hereof. All other shares of Equity Interests constituting Pledged Interests will be duly authorized and validly issued, fully paid and nonassessable (if applicable). 

  
 9 

 (i) Other than that which has been obtained, no authorization or approval or other action
by, and no notice to or filing with, any Governmental Authority or any other Person, is required for (i) the grant by any Grantor of the security interest purported to be created hereby in the Collateral or (ii) the perfection of the security
interest purported to be created hereby in the Collateral, except (A) for the filing under the Uniform Commercial Code as in effect in the applicable jurisdiction of the financing statements described in Schedule VII hereto, (B) with respect
to the perfection of the security interest created hereby in the United States federal Intellectual Property, for the recording of the appropriate Grant of a Security Interest, substantially in the form of Exhibit B hereto in the United
States Patent and Trademark Office or the United States Copyright Office, as applicable, (C) with respect to any action that may be necessary to obtain control of Collateral constituting Deposit Accounts, Electronic Chattel Paper, Investment
Property or Letter-of-Credit Rights, the taking of such actions, and (D) Administrative Agent’s having possession of all Documents, Chattel Paper, Instruments and cash constituting Collateral (subclauses (A), (B), (C), and (D), each a
“Perfection Requirement” and collectively, the “Perfection Requirements”). Notwithstanding the foregoing or this Agreement or any other Loan Document to the contrary, in no event shall any Grantor be required to
make any filings or take any other actions to record or perfect the Administrative Agent’s security interest in any Collateral outside the United States or to reimburse the Administrative Agent for any costs or expenses incurred in connection
with making such filings or taking any other such action. 
 (j) This Agreement constitutes a legal, valid and binding
obligation of such Grantor against such Grantor in accordance with its terms, except: The compliance with the Perfection Requirements will result in the perfection of the Administrative Agent’s security interests in the Collateral (to the
extent perfection may be achieved by performing such Perfection Requirements). Such security interests are, or in the case of Collateral in which any Grantor obtains rights after the date hereof, will be, perfected, first priority security
interests, subject in priority only to the Permitted Liens. 
 (k) As of the date hereof, no Grantor holds any Commercial Tort
Claims except for such claims described in Schedule VIII. 
 (l) As of the date hereof, with respect to each Grantor and
its Subsidiaries that is a partnership or a limited liability company, no such Person has opted into (and no Grantor has caused any of its Subsidiaries that is a partnership or a limited liability company, and a Pledged Issuer to opt into) Article 8
of the Uniform Commercial Code. 
 SECTION 6. Covenants as to the Collateral. Until the Secured Obligations
(whether or not due) are Paid in Full or any Lender shall have any Commitment under the Credit Agreement, unless Administrative Agent shall otherwise consent in writing: 
 (a) Further Assurances. Subject to the limitations set forth herein and in the other Loan Documents, each Grantor will at its expense, at any time and from time to time, promptly execute and
deliver all further instruments and documents and take all further action that may be reasonably necessary or that Administrative Agent may reasonably request in order (i) to perfect and protect, or maintain the perfection of, the security interest
and Lien purported to be created hereby; (ii) to enable Administrative Agent to exercise and enforce its rights and 

  
 10 

 
remedies hereunder in respect of the Collateral; or (iii) otherwise to effect the purposes of this Agreement, including, without limitation: (A) upon request by Administrative Agent, marking
conspicuously all Chattel Paper or Instruments with a face value in excess of $1,500,000 and not previously delivered with a legend, in form and substance satisfactory to Administrative Agent, indicating that such Chattel Paper or Instrument is
subject to the security interest created thereby, (B) if any Account shall be evidenced by a Promissory Note or other Instrument or Chattel Paper, with a value in excess of $1,500,000, delivering and pledging to Administrative Agent such Promissory
Note, other Instrument or Chattel Paper, duly endorsed and accompanied by executed instruments of transfer or assignment, all in form and substance reasonably satisfactory to Administrative Agent, (C) executing and filing (to the extent, if any,
that such Grantor’s signature is required thereon) or authenticating the filing of, such financing or continuation statements, or amendments thereto, (D) with respect to U.S. federal registrations or applications for registration of
Intellectual Property owned by a Grantor hereafter existing and not covered by an appropriate security interest grant, executing and recording in the United States Patent and Trademark Office or the United States Copyright Office, as applicable,
appropriate instruments granting a security interest, as may be necessary or desirable or that Administrative Agent may reasonably request in order to perfect and preserve the security interest purported to be created hereby, (E) delivering to
Administrative Agent irrevocable proxies in respect of the Pledged Interests, (F) furnishing to Administrative Agent from time to time statements and schedules further identifying and describing the Collateral and such other reports in connection
with the Collateral as Administrative Agent may reasonably request, all in reasonable detail, (G) if at any time after the date hereof, any Grantor acquires or holds any Commercial Tort Claim that exceeds $1,500,000 in the aggregate, promptly
notifying Administrative Agent in a writing signed by such Grantor setting forth a brief description of such Commercial Tort Claim and granting to Administrative Agent a security interest therein and in the proceeds thereof, which writing shall
incorporate the provisions hereof and shall be in form and substance reasonably satisfactory to Administrative Agent, and (H) subject to the terms of this Agreement, taking all actions required by law in any relevant Uniform Commercial Code
jurisdiction, or by other law as applicable in any foreign jurisdiction. 
 (b) Location of Equipment and Inventory. Each
Grantor will keep the Equipment and Inventory (other than (1) Equipment and Inventory sold in the ordinary course of business, (2) Equipment or Inventory in transit or out for repair, (3) Equipment or Inventory in the possession of an employee of a
Grantor in the Ordinary Course of Business (including laptops and cell phones) and (4) Equipment and Inventory with a value less than $500,000 in the aggregate), (i) at the locations specified in Schedule V hereto or, (ii) at such other
locations as the Grantors may elect provided that with respect to clause (ii), Grantors shall deliver notice to Administrative Agent of such location accompanied by a revised Schedule V hereto within thirty (30) days (or such longer
time as the Administrative Agent may permit in its discretion). If after the Closing Date any Grantor changes its chief place of business, chief executive office, the place where such Grantor keeps its Records concerning Accounts and all originals
of all Chattel Paper to a location not specified on Schedule V, then within thirty (30) days of such change (or such longer time as the Administrative Agent may permit in its discretion) such Grantor shall give notice to the Administrative
Agent of such change accompanied, if requested by Administrative Agent, by an updated Schedule V reflecting such change. 

  
 11 

 (c) Provisions Concerning the Accounts. Each Grantor will, except as otherwise
provided in this subsection (c), continue to collect, at its own expense, all amounts due or to become due under the Accounts. Administrative Agent shall have the right at any time, upon the occurrence and during the continuance of an Event
of Default, in consultation with such Grantor (unless an Event of Default under Section 8.01(a), 8.01(b) (solely with respect to the failure to perform or comply with Section 7.12 of the Credit Agreement) or 8.01(f) of the Credit Agreement has
occurred and is continuing), to notify the Account Debtors or obligors under any Accounts of the assignment of such Accounts to Administrative Agent and to direct such Account Debtors or obligors to make payment of all amounts due or to become due
to such Grantor thereunder directly to Administrative Agent or its designated agent and, upon such notification and at the expense of such Grantor and to the extent permitted by law, to enforce collection of any such Accounts and to adjust, settle
or compromise the amount or payment thereof, in the same manner and to the same extent as such Grantor might have done (it being agreed and understood that any consultation with such Grantor is not a condition to Administrative Agent’s rights
(and the exercise of such rights) hereunder and any failure by Administrative Agent to consult with such Grantor shall have no effect on Administrative Agent’s rights (and the exercise thereof) hereunder). After receipt by any Grantor of a
notice from Administrative Agent that Administrative Agent has notified, intends to notify, or has enforced or intends to enforce a Grantor’s rights against the Account Debtors or obligors under any Accounts as referred to in the immediately
preceding sentence, all amounts and proceeds (including Instruments) received by such Grantor in respect of the Accounts shall be received in trust for the benefit of Administrative Agent hereunder, shall be segregated from other funds of such
Grantor and shall be promptly paid over to Administrative Agent or its designated agent in the same form as so received (with any necessary endorsement) to be held as cash collateral and applied as specified in Section 9(c) hereof.

 (d) Provisions Concerning the Pledged Interests. Each Grantor will, at the Grantors’ joint and several expense,
(i) defend Administrative Agent’s right, title and security interest in and to the Pledged Interests against the claims of any Person; (ii) not make or consent to any amendment or other modification or waiver with respect to any Pledged
Interests that is materially adverse to the interests of the Lender Parties; and (iii) not vote the Pledged Interests the effect of which would impair the Collateral or be inconsistent with or result in any violation of any provision of any Loan
Document. 
 (e) Intellectual Property. 

1. Upon the reasonable request of Administrative Agent, in order to facilitate filings with the United States Patent and
Trademark Office and the United States Copyright Office, each Grantor shall execute and deliver to Administrative Agent one or more copyright security agreements, trademark security agreements, or patent security agreements to further evidence
Administrative Agent’s Lien on such Grantor’s U.S. federal Patents, Trademarks, or Copyrights. 
 2.
Each Grantor shall have the duty, with respect to Intellectual Property that is necessary and material in the conduct of such Grantor’s business (as determined by such Grantor in its reasonable business judgment), to protect and enforce and
defend at such Grantor’s expense the Intellectual Property owned by such Grantor, 

  
 12 

 
including (A) to enforce and defend, including, if appropriate, promptly suing for infringement, misappropriation or dilution, and filing for opposition, interference, and cancellation against
conflicting Intellectual Property rights of any Person, (B) to prosecute any trademark application or service mark application that is part of the Trademarks owned by a Grantor pending as of the date hereof or hereafter until the termination of this
Agreement, (C) to prosecute any patent application that is part of the Patents owned by a Grantor pending as of the date hereof or hereafter until the termination of this Agreement, and (D) to take all reasonable and necessary action to preserve and
maintain all of such Grantor’s owned Trademarks, Patents, Copyrights, Licenses, and its rights therein, including paying all maintenance fees and filing of applications for renewal, affidavits of use, and affidavits of noncontestability. Each
Grantor further agrees not to abandon any Intellectual Property or Intellectual Property License that is necessary and material in the conduct of such Grantor’s business (as determined by such Grantor in its reasonable business judgment). Each
Grantor hereby agrees to take any steps that would be required by this Section 6(e)(2) with respect to all new or acquired Intellectual Property to which it or any of its Subsidiaries is now or later becomes an owner. 

3. Grantors acknowledge and agree that the Lender Parties shall have no duties with respect to any Intellectual Property
or Licenses of any Grantor. Without limiting the generality of this Section 6(e)(iii), Grantors acknowledge and agree that no Lender Party shall be under any obligation to take any steps necessary to preserve rights in the Collateral
consisting of Intellectual Property or Licenses against any other Person, but the Administrative Agent may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection
therewith (including reasonable fees and expenses of attorneys and other professionals) shall be for the sole account of Borrowers and shall be chargeable to the Loan Account in accordance with Section 10.4 of the Credit Agreement. 

4. On each date on which a Compliance Certificate is required to be delivered pursuant to the Credit Agreement, each
Grantor shall provide Administrative Agent with a written report of all new United States Copyrights, federal Patents or Trademarks that are registered or the subject of pending applications for registrations, that are owned by a Grantor and
material to the conduct of such Grantor’s business, in each case, which were acquired, registered, or for which applications for registration were filed by any Grantor during the prior period. In the case of such registrations or applications
therefor, which were acquired by any Grantor, each such Grantor shall file the necessary documents with the appropriate Governmental Authority identifying the applicable Grantor as the owner (or as a co-owner thereof, if such is the case) of such
Intellectual Property. In each of the foregoing cases, the applicable Grantor shall promptly cause to be prepared, executed, and delivered to Administrative Agent supplemental schedules to the applicable Loan Documents to identify such Copyrights,
Patent and Trademark registrations and applications therefor. 
 5. No Grantor shall enter into any Intellectual
Property License to receive any license or other use rights in any Intellectual Property of any other Person that are material to such Grantor’s business unless such Grantor has used commercially

  
 13 

 
reasonable efforts to exclude from such License any provision that would prohibit the assignment of or grant of a security interest in such Intellectual Property License (and all rights of
Grantor thereunder) to the Administrative Agent (and any transferees of Administrative Agent). 
 (f) Deposit, Commodities
and Securities Accounts. After the date hereof, no Grantor shall maintain any new Deposit Account, Commodity Account or Securities Account unless the applicable Grantor has executed and delivered to Administrative Agent a Control Agreement with
respect to such account within thirty (30) days (or such longer time as the Administrative Agent may permit in its discretion) of the opening of such account. The provisions of this Section 6(f) shall not apply to Excluded Accounts. Only upon
the occurrence and during the continuance of an Event of Default, Administrative Agent may (in its sole and absolute discretion) direct any or all of the banks and financial institutions party to a Control Agreement to send immediately to
Administrative Agent or its designated agent by wire transfer (to such account as Administrative Agent shall specify, or in such other manner as Administrative Agent shall direct) all or a portion of such securities, cash, investments and other
items held by such institution. Any such securities, cash, investments and other items so received by Administrative Agent or its designated agent shall (in the sole and absolute discretion of Administrative Agent) be held as additional Collateral
for the Secured Obligations subject to the terms hereof. 
 (g) Reserved. 

(h) Control. Each Grantor hereby agrees to take any reasonable action that is necessary or that Administrative Agent may
reasonably request in order for Administrative Agent to obtain control in accordance with the UCC with respect to the following Collateral: (i) Deposit Accounts and Securities Accounts (excluding Excluded Accounts), (ii) Electronic Chattel Paper,
(iii) Investment Property and (iv) Letter-of-Credit Rights in each case of clauses (ii) to (iv), to the extent the same has a value in excess of $250,000 in the aggregate for each such category. Each Grantor hereby acknowledges and agrees that any
agent or designee of Administrative Agent shall be deemed to be a “secured party” with respect to the Collateral under the control of such agent or designee for all purposes. 

(i) Organizational Changes. Except as otherwise expressly permitted by Section 7.04 or 7.05 of the Credit Agreement, no Grantor
shall, without giving Administrative Agent notice within thirty (30) days of such action, change (A) its legal name, identity or organizational structure, (B) its jurisdiction of incorporation or organization as set forth in Schedule I hereto
or (C) its chief executive office as set forth in Schedule V hereto. 
 (j) Partnership and Limited Liability Company
Interest. Except with respect to partnership interests and membership interests evidenced by a certificate, which certificate has been pledged and delivered to Administrative Agent pursuant to Section 4 hereof, no Grantor that is a
partnership or a limited liability company shall, nor shall any Grantor with any Subsidiary that is a Pledged Issuer and that is a partnership or a limited liability company, permit such partnership interests or membership interests to (i) be dealt
in or traded on securities exchanges or in securities markets, (ii) become a security for purposes of Article 8 of any relevant Uniform Commercial Code, (iii) become an investment company security within the

  
 14 

 
meaning of Section 8-103 of any relevant Uniform Commercial Code or (iv) be evidenced by a certificate, in each case, without giving the Administrative Agent five (5) days (or such longer time
period as the Administrative Agent shall permit) written notice from the time thereof which, with respect to clause (iv), such certificate shall be delivered to Administrative Agent upon request of Administrative Agent. Notwithstanding anything in
this Agreement to the contrary, with respect to any Grantor that is a partnership or limited liability company or any Grantor with any Subsidiary that is a Pledged Issuer and that is a partnership or a limited liability company, such Grantor or such
Subsidiary, as applicable, if (i) the aggregate gross book value of all property and assets of such Grantor or Subsidiary, as applicable, exceeds fifteen percent (15%) of the aggregate gross book value of the total consolidated property and assets
of the Loan Parties and their Subsidiaries or (ii) the aggregate gross revenue of such Grantor or Subsidiary, as applicable, exceeds fifteen percent (15%) of the consolidated aggregate gross revenue of the Loan Parties and their Subsidiaries, then,
in each case, such Grantor or Subsidiary, as applicable, shall promptly after it exceeds either threshold set forth in the preceding clauses (i) or (ii), (x) amend its Organization Documents, in form and substance reasonably acceptable to
Administrative Agent, to opt in to Article 8 of the Uniform Commercial Code, (y) cause its partnership interests or membership interests, as applicable, to be evidenced by a certificate and (z) deliver such certificate to Administrative Agent in
accordance with Section 4 hereof. 
 SECTION 7. Voting Rights, Dividends, Etc. in Respect of the Pledged
Interests. 
 (a) Except as otherwise set forth in Section 7(b) below: 

1. each Grantor may exercise any and all voting and other consensual rights pertaining to any Pledged Interests for any
purpose not inconsistent with the terms of this Agreement, the Credit Agreement or the other Loan Documents; and 

2. each of the Grantors may receive and retain any and all dividends, interest or other distributions paid in respect of
the Pledged Interests to the extent permitted by the Credit Agreement; provided, however, that any and all (A) dividends and interest paid or payable other than in cash in respect of, and Instruments and other property received,
receivable or otherwise distributed in respect of or in exchange for, any Pledged Interests, (B) dividends and other distributions paid or payable in cash in respect of any Pledged Interests in connection with a partial or total liquidation or
dissolution or in connection with a reduction of capital, capital surplus or paid-in surplus, and (C) cash paid, payable or otherwise distributed in redemption of, or in exchange for, any Pledged Interests, together with any dividend, interest or
other distribution or payment which in the case of each of clauses (A), (B), and (C) at the time of such payment was not permitted by the Credit Agreement, shall be, and shall promptly be delivered to Administrative Agent, to hold as, Pledged
Interests and shall, if received by any of the Grantors, be received in trust for the benefit of Administrative Agent, shall be segregated from the other property or funds of the Grantors, and shall be promptly delivered to Administrative Agent in
the exact form received with any necessary indorsement and/or appropriate stock powers duly executed in blank, to be held by Administrative Agent as Pledged Interests and as further collateral security for the Secured Obligations; and 

  
 15 

 3. Administrative Agent will execute and deliver (or cause to be executed
and delivered) to a Grantor all such proxies and other instruments as such Grantor may reasonably request for the purpose of enabling such Grantor to exercise the voting and other rights which it is entitled to exercise pursuant to Section
7(a)(1) hereof and to receive the dividends, interest and/or other distributions which it is authorized to receive and retain pursuant to Section 7(a)(2) hereof. 
 (b) Upon the occurrence and during the continuance of an Event of Default: 
 1. at the election of Administrative Agent and upon written notice, all rights of each Grantor to exercise the voting and other consensual rights which it would otherwise be entitled to exercise pursuant
to Section 7(a)(1) hereof, and to receive the dividends, distributions, interest and other payments that it would otherwise be authorized to receive and retain pursuant to Section 7(a)(2) hereof unless otherwise explicitly permitted
under the Credit Agreement, shall cease, and at the election of Administrative Agent, all such rights shall thereupon become vested in Administrative Agent, which shall thereupon have the sole right to exercise such voting and other consensual
rights and to receive and hold as Pledged Interests such dividends, distributions and interest payments; 
 2.
Administrative Agent is authorized to notify each debtor with respect to the Pledged Debt to make payment directly to Administrative Agent (or its designee) and may collect any and all moneys due or to become due to any Grantor in respect of the
Pledged Debt, and each of the Grantors hereby authorizes each such debtor to make such payment directly to Administrative Agent (or its designee) without any duty of inquiry; 

3. without limiting the generality of the foregoing, but subject to any notice requirement herein, Administrative Agent
may at its option exercise any and all rights of conversion, exchange, subscription or any other rights, privileges or options pertaining to any of the Pledged Interests as if it were the absolute owner thereof, including, without limitation, the
right to exchange, in its discretion, any and all of the Pledged Interests upon the merger, consolidation, reorganization, recapitalization or other adjustment of any Pledged Issuer, or upon the exercise by any Pledged Issuer of any right, privilege
or option pertaining to any Pledged Interests, and, in connection therewith, to deposit and deliver any and all of the Pledged Interests with any committee, depository, transfer agent, registrar or other designated agent upon such terms and
conditions as it may determine; and 
 4. all dividends, distributions, interest and other payments that are
received by any of the Grantors contrary to the provisions of Section 7(b)(1) hereof shall be received in trust for the benefit of Administrative Agent, shall be segregated from other funds of the Grantors, and shall be promptly paid over to
Administrative Agent as Pledged Interests in the exact form received with any necessary indorsement and/or appropriate stock powers duly executed in blank, to be held by Administrative Agent as Pledged Interests and as further collateral security
for the Secured Obligations. 

  
 16 

 5. if any Grantor shall receive, by virtue of such Grantor’s being or
having been an owner of any Pledged Interests, any property in connection with a partial or total liquidation or dissolution or in connection with a reduction of capital, capital surplus or paid-in surplus, such Grantor shall receive such option,
right, payment or distribution in trust for the benefit of Administrative Agent, shall segregate it from such Grantor’s other property and shall deliver it forthwith to Administrative Agent, in the exact form received, to be held by
Administrative Agent as Pledged Interests and as further collateral security for the Secured Obligations. 
 SECTION 8.
Additional Provisions Concerning the Collateral. 
 (a) Each Grantor hereby (i) authorizes Administrative Agent at any
time and from time to time to file, one or more financing or continuation statements and amendments thereto, relating to the Collateral (including, without limitation, any such financing statements that (A) describe the Collateral as “all
assets” or “all personal property” (or words of similar effect) or that describe or identify the Collateral by type or in any other manner as Administrative Agent may determine, regardless of whether any particular asset of such
Grantor falls within the scope of Article 9 of the UCC or whether any particular asset of such Grantor constitutes part of the Collateral, and (B) contain any other information required by Part 5 of Article 9 of the UCC for the sufficiency or filing
office acceptance of any financing statement, continuation statement or amendment, including, without limitation, whether such Grantor is an organization, the type of organization and any organizational identification number issued to such Grantor)
and (ii) ratifies such authorization to the extent that Administrative Agent has filed any such financing statements, continuation statements, or amendments thereto, prior to the date hereof. A photocopy or other reproduction of this Agreement or
any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement where permitted by law. 
 (b) Each Grantor hereby irrevocably appoints Administrative Agent as its attorney-in-fact and proxy, with full authority and power of substitution in the place and stead of such Grantor and in the name of
such Grantor or otherwise, from time to time in Administrative Agent’s discretion during the continuance of an Event of Default, to take any action and to execute any instrument that Administrative Agent may deem necessary or advisable to
accomplish the purposes of this Agreement (subject to the rights of a Grantor under Section 7(a) hereof), including, without limitation, (i) to obtain and adjust insurance required to be paid to Administrative Agent pursuant to the Credit
Agreement, (ii) to ask, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any Collateral, (iii) to receive, endorse, and collect any drafts or other
Instruments, Documents and Chattel Paper in connection with clause (i) or (ii) above, (iv) to receive, indorse and collect all Instruments made payable to such Grantor representing any dividend, interest payment or other distribution in respect of
any Pledged Interests and to give full discharge for the same, (v) to file any claims or take any action or institute any proceedings which Administrative Agent may deem necessary or desirable for the collection of any Collateral or otherwise to
enforce the rights of Administrative Agent and the Lender Parties with respect to any Collateral, (vi) to execute assignments, licenses and other documents to enforce the rights of Administrative Agent and the Lender Parties with respect to any
Collateral, (vii) to pay or discharge taxes or Liens levied or placed upon or threatened against the Collateral, the legality or 

  
 17 

 
validity thereof and the amounts necessary to discharge the same to be determined by Administrative Agent in its discretion, and such payments made by Administrative Agent to become Obligations
of such Grantor to Administrative Agent, due and payable in accordance with Section 10.4 of the Credit Agreement, (viii) to sign and endorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, assignments,
verifications and notices in connection with Accounts, Chattel Paper and other documents relating to the Collateral, and (ix) subject to any notice requirement herein, with respect to Pledged Interests, to exercise the voting (at meetings and by
consent) and other rights set forth in Section 7 hereof or elsewhere herein (including rights of sale). THIS POWER AND PROXY IS COUPLED WITH AN INTEREST AND IS IRREVOCABLE UNTIL THE DATE ON WHICH ALL OF THE SECURED OBLIGATIONS HAVE BEEN PAID
IN FULL (AS DEFINED IN THE CREDIT AGREEMENT) AFTER THE TERMINATION OF EACH LENDER’S COMMITMENT AND EACH OF THE LOAN DOCUMENTS. THIS POWER AND PROXY SHALL BE EFFECTIVE AUTOMATICALLY AND WITHOUT THE NECESSITY OF ANY ACTION (INCLUDING ANY TRANSFER
OF ANY INVESTMENT PROPERTY ON THE RECORD BOOKS OF THE ISSUER THEREOF) BY ANY PERSON (INCLUDING THE ISSUER OF THE INVESTMENT PROPERTY OR ANY OFFICER OR AGENT THEREOF). Each Grantor ratifies all actions taken by the Administrative Agent pursuant to
this power and proxy granted. All prior proxies granted by any Grantor with respect to the subject matter hereof are hereby revoked. 
 (c) For the purpose of enabling Administrative Agent to exercise rights and remedies hereunder, at such time as Administrative Agent shall be lawfully entitled to exercise such rights and remedies, and
for no other purpose, each Grantor hereby (i) grants to Administrative Agent an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to any Grantor) to use, assign, license or sublicense any Intellectual
Property now or hereafter owned by any Grantor, wherever the same may be located, including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the
compilation or printout thereof; and (ii) assigns to Administrative Agent, to the extent assignable, all of its rights to any Intellectual Property now or hereafter licensed or used by any Grantor. Notwithstanding anything contained herein to the
contrary, but subject to the provisions of the Credit Agreement that limit the right of a Grantor to dispose of its property and Section 6(e) hereof, so long as no Event of Default shall have occurred and be continuing, each Grantor may
exploit, use, enjoy, protect, license, sublicense, assign, sell, dispose of or take other actions with respect to the Intellectual Property in the ordinary course of its business. Upon the date on which all of the Secured Obligations have been Paid
in Full, after the termination of the Loan Documents, all of Administrative Agent’s right, title and interest in and to the Intellectual Property, and the Licenses shall be automatically released and reassigned to the Grantors, all without
recourse, representation or warranty whatsoever and at the Grantors’ sole expense. The exercise of rights and remedies hereunder by Administrative Agent shall not terminate the rights of the holders of any licenses or sublicenses theretofore
granted by any Grantor in accordance with the second sentence of this clause (d). Each Grantor hereby releases Administrative Agent from any claims, causes of action and demands at any time arising out of or with respect to any actions taken or
omitted to be taken by Administrative Agent under the powers of attorney granted herein other than actions taken or omitted to be taken through Administrative Agent’s gross negligence, bad faith or willful misconduct, as determined by a final
determination of a court of competent jurisdiction. 

  
 18 

 (d) If any Grantor fails to perform any agreement or obligation contained herein,
Administrative Agent may itself perform, or cause performance of, such agreement or obligation, in the name of such Grantor or Administrative Agent, and the expenses of Administrative Agent incurred in connection therewith shall be jointly and
severally payable by the Grantors pursuant to Section 10.04 of the Credit Agreement and shall be secured by the Collateral. 

(e) The powers conferred on Administrative Agent hereunder are solely to protect its interest in the Collateral and shall not impose any
duty (fiduciary or otherwise) upon it to exercise any such powers. Other than the exercise of reasonable care to assure the safe custody of any Collateral in its possession and the accounting for moneys actually received by it hereunder,
Administrative Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral and shall be relieved of all responsibility for any
Collateral in its possession upon surrendering it or tendering surrender of it to any of the Grantors (or whomsoever shall be lawfully entitled to receive the same or as a court of competent jurisdiction shall direct). Administrative agent shall be
deemed to have exercised reasonable care in the custody and preservation of any Collateral in its possession if such Collateral is accorded treatment substantially equal to that which Administrative Agent accords its own property, it being
understood that Administrative Agent shall not have responsibility for ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters relating to any Collateral, whether or not Administrative Agent
has or is deemed to have knowledge of such matters. Administrative agent shall not be liable or responsible for any loss or damage to any of the Collateral, or for any diminution in the value thereof, by reason of the act or omission of any
warehouseman, carrier, forwarding agency, consignee or other agent or bailee selected by Administrative Agent in good faith. 

(f) Anything herein to the contrary notwithstanding (i) each Grantor shall remain liable under the Licenses and otherwise in respect of
the Collateral to the extent set forth therein to perform all of its obligations thereunder to the same extent as if this Agreement had not been executed, (ii) the exercise by Administrative Agent of any of its rights hereunder shall not release any
Grantor from any of its obligations under the Licenses or otherwise in respect of the Collateral, and (iii) Administrative Agent shall not have any obligation or liability by reason of this Agreement under the Licenses or otherwise in respect of the
Collateral, nor shall Administrative Agent be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 

(g) Administrative agent may at any time in its discretion so long as an Event of Default has occurred and is continuing (i) upon written
notice to any Grantor, transfer or register in the name of Administrative Agent or any of its nominees any or all of the Pledged Interests, subject only to the revocable rights of such Grantor under Section 7(a) hereof, and (ii) exchange
certificates or Instruments constituting Pledged Interests for certificates or Instruments of smaller or larger denominations. 

  
 19 

 SECTION 9. Remedies Upon Default. If any Event of Default shall have occurred
and be continuing: 
 (a) Administrative Agent may exercise in respect of the Collateral, in addition to any other rights and
remedies provided for herein or otherwise available to it, all of the rights and remedies of a secured party upon default under the UCC (whether or not the UCC applies to the affected Collateral), and also may (i) subject to any notice requirement
herein, take control of the Collateral, including, without limitation, transfer into Administrative Agent’s name or into the name of its nominee or nominees (to the extent Administrative Agent has not theretofore done so) and thereafter
receive, for the benefit of Administrative Agent and the Lender Parties, all payments made thereon, give all consents, waivers and ratifications in respect thereof and otherwise act with respect thereto as though it were the outright owner thereof,
(ii) require each Grantor to, and each Grantor hereby agrees that it will, at its expense and upon request of Administrative Agent promptly, assemble all or part of the Collateral as directed by Administrative Agent and make it available to
Administrative Agent at a place or places to be designated by Administrative Agent that is reasonably convenient to both parties, and Administrative Agent may enter into and occupy any premises owned or leased by any Grantor where the Collateral or
any part thereof is located or assembled for a reasonable period in order to effectuate Administrative Agent’s rights and remedies hereunder or under law, without obligation to any Grantor in respect of such occupation, and (iii) without notice
except as specified below or elsewhere herein and without any obligation to prepare or process the Collateral for sale, (A) sell the Collateral or any part thereof in one or more parcels at public or private sale, at any of Administrative
Agent’s offices, at any exchange or broker’s board or elsewhere, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as Administrative Agent may reasonably deem commercially reasonable and/or
(B) lease, license or otherwise dispose of the Collateral or any part thereof upon such terms as Administrative Agent may reasonably deem commercially reasonable. Each Grantor agrees that, to the extent notice of sale or any other disposition of the
Collateral shall be required by law, at least ten (10) business days’ prior notice to the applicable Grantor of the time and place of any public sale or the time after which any private sale or other disposition of the Collateral is to be made
shall constitute reasonable notification. Administrative Agent shall not be obligated to make any sale or other disposition of Collateral regardless of notice of sale having been given. Administrative Agent may adjourn any public or private sale
from time to time by announcement prior to or at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor hereby waives (to the extent permitted by
applicable law), any claims against Administrative Agent and the Lender Parties arising by reason of the fact that the price at which the Collateral may have been sold at a private sale was less than the price which might have been obtained at a
public sale or was less than the aggregate amount of the Secured Obligations, even if Administrative Agent accepts the first offer received and does not offer the Collateral to more than one offeree, and waives (to the extent permitted by applicable
law) all rights that such Grantor may have to require that all or any part of the Collateral be marshaled upon any sale (public or private) hereof. Each Grantor hereby acknowledges that (i) any such sale of the Collateral by Administrative Agent
shall be made without warranty, (ii) Administrative Agent may specifically disclaim any warranties of title, possession, quiet enjoyment or the like, (iii) Administrative Agent may bid (which bid may be, in whole or in part, in the form of
cancellation of indebtedness), if permitted by law, for the purchase, lease, license or other disposition of the Collateral or any portion thereof for the 

  
 20 

 
account of Administrative Agent (on behalf of itself and the Lender Parties) and (iv) such actions set forth in clauses (i), (ii) and (iii) above shall not adversely affect the commercial
reasonableness of any such sale of the Collateral. In addition to the foregoing, (i) upon written notice to any Grantor from Administrative Agent, each Grantor shall cease any use of the Intellectual Property or any trademark, patent or copyright
similar thereto for any purpose described in such notice; (ii) Administrative Agent may, at any time and from time to time, upon ten (10) days’ prior notice to any Grantor, license, whether general, special or otherwise, and whether on an
exclusive or non-exclusive basis, any of the Intellectual Property, throughout the universe for such term or terms, on such conditions, and in such manner, as Administrative Agent shall in its reasonable discretion determine; and (iii)
Administrative Agent may, at any time, pursuant to the authority granted in Section 8 hereof (such authority being effective upon the occurrence and during the continuance of an Event of Default), execute and deliver on behalf of a Grantor,
one or more instruments of assignment of the Intellectual Property (or any application or registration thereof), in form suitable for filing, recording or registration in any country. 

(b) Each Grantor recognizes that Administrative Agent may deem it impracticable to effect a public sale of all or any part of the Pledged
Shares or any other securities constituting Pledged Interests and that Administrative Agent may, therefore, determine to make one or more private sales of any such securities to a restricted group of purchasers who will be obligated to agree, among
other things, to acquire such securities for their own account, for investment and not with a view to the distribution or resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable to the seller
than the prices and other terms which might have been obtained at a public sale and, notwithstanding the foregoing, agrees that such private sales shall be deemed to have been made in a commercially reasonable manner and that Administrative Agent
shall have no obligation to delay the sale of any such securities for the period of time necessary to permit the issuer of such securities to register such securities for public sale under the Securities Act. Each Grantor further acknowledges and
agrees that any offer to sell such securities which has been (i) publicly advertised on a bona fide basis in a newspaper or other publication of general circulation in the financial community of New York, New York (to the extent that such an offer
may be so advertised without prior registration under the Securities Act) or (ii) made privately in the manner described above to not less than fifteen bona fide offerees shall be deemed to involve a “public disposition” for
the purposes of Section 9-610(c) of the UCC (or any successor or similar, applicable statutory provision) as then in effect in the State of New York, notwithstanding that such sale may not constitute a “public offering” under the
Securities Act, and that Administrative Agent may, in such event, bid for the purchase of such securities. 
 (c) Any cash held
by Administrative Agent (or its agent or designee) as Collateral and all cash Proceeds received by Administrative Agent (or its agent or designee) in respect of any sale of or collection from, or other realization upon, all or any part of the
Collateral may, in the discretion of Administrative Agent, be held by Administrative Agent (or its agent or designee) as collateral for, and/or then or at any time thereafter applied (after payment of any amounts payable to Administrative Agent
pursuant to the Loan Documents) inwhole or in part by Administrative Agent against, all or any part of the Secured Obligations in such order as Administrative Agent shall elect, consistent with the provisions of the Credit Agreement. Any surplus of
such cash or cash Proceeds held by Administrative Agent (or its 

  
 21 

 
agent or designee) and remaining after the date on which all of the Secured Obligations have been Paid in Full after the termination of each Lender’s Commitment and each of the Loan
Documents, shall be paid over to whomsoever shall be lawfully entitled to receive the same (as reasonably determined by Administrative Agent) or as a court of competent jurisdiction shall direct. 

(d) In the event that the proceeds of any such sale, collection or realization are insufficient to pay all amounts to which
Administrative Agent and the Lender Parties are legally entitled, the Grantors shall be jointly and severally liable for the deficiency, together with interest thereon at the highest rate specified in any applicable Loan Document for interest on
overdue principal thereof or such other rate as shall be fixed by applicable law, together with the costs of collection and the reasonable fees, costs, expenses and other client charges of any attorneys employed by Administrative Agent to collect
such deficiency in accordance with Section 10.04 of the Credit Agreement. 
 (e) Each Grantor hereby acknowledges that if
Administrative Agent complies with any applicable requirements of law in connection with a disposition of the Collateral, such compliance will not adversely affect the commercial reasonableness of any sale or other disposition of the Collateral.

 (f) Administrative agent shall not be required to marshal any present or future collateral security for, or other assurances
of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of Administrative Agent’s rights hereunder and in respect of such collateral security
and other assurances of payment shall be cumulative and in addition to all other rights, however existing or arising. To the extent that any Grantor lawfully may, such Grantor hereby agrees that it will not invoke any law relating to the marshalling
of collateral which might cause delay in or impede the enforcement of Administrative Agent’s rights under this Agreement or under any other instrument creating or evidencing any of the Secured Obligations or under which any of the Secured
Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, each Grantor hereby irrevocably waives the benefits of all such laws. 

SECTION 10. Notices, Etc. All notices and other communications provided for hereunder shall be given in accordance with the
notice provision of the Credit Agreement. 
 SECTION 11. Security Interest Absolute; Joint and Several
Obligations. 
 (a) All rights of the Lender Parties, all Liens and all obligations of each of the Grantors hereunder shall
be absolute and unconditional irrespective of (i) any lack of validity or enforceability of the Credit Agreement or any other Loan Document, (ii) any change in the time, manner or place of payment of, or in any other term in respect of, all or any
of the Secured Obligations, or any other amendment or waiver of or consent to any departure from the Credit Agreement or any other Loan Document, (iii) any exchange or release of, or non-perfection of any Lien on any Collateral, or any release or
amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations, or (iv) any other circumstance that might otherwise constitute a defense available to (other than defense of payment), or a discharge

  
 22 

 
of, any of the Grantors in respect of the Secured Obligations. All authorizations and agencies contained herein with respect to any of the Collateral are irrevocable and powers coupled with an
interest during the term of this Agreement. 
 (b) Each Grantor hereby waives, to the extent permitted by applicable law, (i)
promptness and diligence, (ii) notice of acceptance and notice of the incurrence of any Obligation by any of the Borrowers, (iii) except as explicitly required herein or in any other Loan Document, notice of any actions taken by the Administrative
Agent, any other Lender Party, any Guarantor or any other Person under any Loan Document or any other agreement, document or instrument relating thereto, (iv) all other notices, demands and protests, and all other formalities of every kind in
connection with the enforcement of the Obligations, the omission of or delay in which, but for the provisions of this subsection (b), might reasonably constitute grounds for relieving such Grantor of any such Grantor’s obligations
hereunder and (v) any requirement that Administrative Agent or any other Lender Party protect, secure, perfect or insure any security interest or other lien on any property subject thereto or exhaust any right or take any action against any Grantor
or any other Person or any Collateral. 
 (c) All of the obligations of the Grantors hereunder are joint and several.
Administrative agent may, in its sole and absolute discretion, enforce the provisions hereof against any of the Grantors and shall not be required to proceed against all Grantors jointly or seek payment from the Grantors ratably. In addition,
Administrative Agent may, in its sole and absolute discretion, select the Collateral of any one or more of the Grantors for sale or application to the Secured Obligations, without regard to the ownership of such Collateral, and shall not be required
to make such selection ratably from the Collateral owned by all of the Grantors. The release or discharge of any Grantor by Administrative Agent shall not release or discharge any other Grantor from the obligations of such Person hereunder.

 SECTION 12. Miscellaneous. 
 (a) No amendment of any provision of this Agreement shall be effective unless it is in writing and signed by each Grantor affected thereby and Administrative Agent, and no waiver of any provision of this
Agreement, and no consent to any departure by any Grantor therefrom, shall be effective unless it is in writing and signed by Administrative Agent, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given. 
 (b) No failure on the part of the Administrative Agent to exercise, and no delay in exercising, any
right hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies
of the Lender Parties provided herein and in the other Loan Documents are cumulative and are in addition to, and not exclusive of, any rights or remedies provided by law. The rights of the Lender Parties under any Loan Document against any party
thereto are not conditional or contingent on any attempt by such Person to exercise any of its rights under any other Loan Document against such party or against any other Person, including but not limited to, any Grantor. 

  
 23 

 (c) This Agreement shall create a continuing security interest in the Collateral and shall
(i) remain in full force and effect, subject to paragraphs (d) and (e) below, until the date on which all of the Secured Obligations have been Paid in Full and (ii) be binding on each Grantor and all other Persons who become bound as debtor to this
Agreement in accordance with Section 9-203(d) of the UCC, and shall inure, together with all rights and remedies of the Lender Parties hereunder, to the benefit of the Lender Parties and their respective successors, transferees and permitted
assigns. Without limiting the generality of clause (ii) of the immediately preceding sentence, the Administrative Agent may assign or otherwise transfer its respective rights and obligations under this Agreement and any other Loan Document to any
other Person pursuant to the terms of the Credit Agreement, and such other Person shall thereupon become vested with all of the benefits in respect thereof granted to the Administrative Agent herein or otherwise. Upon any such assignment or
transfer, all references in this Agreement to Administrative Agent shall mean the permitted assignee of such Person. None of the rights or obligations of any Grantor hereunder may be assigned or otherwise transferred except as explicitly permitted
under the Credit Agreement. 
 (d) Upon the date on which all of the Secured Obligations have been Paid in Full (i) subject to
paragraph (e) below, this Agreement and the security interests, licenses and Liens created hereby shall automatically terminate and all rights to the Collateral shall revert to the Grantors and (ii) Administrative Agent will, upon the Grantors’
request and at the Grantors’ expense, without any representation, warranty or recourse whatsoever, (A) promptly return to the Grantors (or whomsoever shall be lawfully entitled to receive the same or as a court of competent jurisdiction shall
direct) such of the Collateral as shall not have been sold or otherwise disposed of or applied pursuant to the terms hereof and (B) execute and deliver to the Grantors such documents as the Grantors shall reasonably request to evidence such
termination. In addition, upon the sale or other disposition of any Collateral to any Person (other than a Grantor) explicitly permitted under the terms of the Credit Agreement or to which the Required Lenders have otherwise consented, such
Collateral shall be automatically released and, upon a sale or disposition of a Grantor, in each case, explicitly permitted under the Credit Agreement, such Grantor shall be automatically released from this Agreement and all obligations of such
Grantor and all Liens over such Grantor’s Equity Interests and property of such Grantor will terminate and be automatically released, and the Administrative Agent, at the Grantor’s expense, shall execute and deliver such documents,
instruments, notices and releases of its security interest in such Collateral and/or such Grantor as may be reasonably requested by such Grantor. 
 (e) Without limiting comparable provisions of the Credit Agreement, this Agreement shall remain in full force and effect and continue to be effective should any petition be filed by or against any Grantor
for liquidation or reorganization, should any Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any Grantor’s assets, and
shall continue to be effective or be reinstated, as the case may be, if at any time payment or performance of the Secured Obligations, or any part thereof, is, pursuant to applicable law (or any settlement agreement), rescinded or reduced in amount,
or must otherwise be restored or returned by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the
event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Secured Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 

  
 24 

 (f) Upon the execution and delivery, or authentication, by any Person of a security
agreement supplement in substantially the form of Exhibit C hereto (each a “Security Agreement Supplement”), (i) such Person shall be referred to as an “Additional Grantor” and shall be and become a Grantor,
and each reference in this Agreement to “Grantor” shall also mean and be a reference to such Additional Grantor, and each reference in this Agreement and the other Loan Documents to “Collateral” shall also mean and be a reference
to the Collateral of such Additional Grantor, and (ii) the supplemental Schedules I-X attached to each Security Agreement Supplement shall be incorporated into and become a part of and supplement Schedules I-X, respectively, hereto,
and Administrative Agent may attach such Schedules as supplements to such Schedules, and each reference to such Schedules shall mean and be a reference to such Schedules, as supplemented pursuant hereto. 

(g) THIS AGREEMENT SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, EXCEPT AS
REQUIRED BY MANDATORY PROVISIONS OF LAW AND EXCEPT TO THE EXTENT THAT THE VALIDITY AND PERFECTION OR THE PERFECTION AND THE EFFECT OF PERFECTION OR NON-PERFECTION OF THE SECURITY INTEREST CREATED HEREBY, OR REMEDIES HEREUNDER, IN RESPECT OF ANY
PARTICULAR COLLATERAL ARE GOVERNED BY THE LAW OF A JURISDICTION OTHER THAN THE STATE OF NEW YORK. 
 (h) In addition to and
without limitation of any of the foregoing, this Agreement shall be deemed to be a Loan Document and shall otherwise be subject to all of terms and conditions contained in Sections 10.14 and 10.15 of the Credit Agreement, mutatis mutandi.

 (i) Each of the Grantors and the Administrative Agent irrevocably and unconditionally waives any right it may have to claim
or recover in any legal action, suit or proceeding with respect to this Agreement any special, exemplary, punitive or consequential damages. 
 (j) Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining portions hereof or thereof or affecting the validity or enforceability of such provision in any other jurisdiction. 
 (k) Section headings herein are included for convenience of reference only and shall not constitute a part of this Agreement for any other purpose. 

(l) This Agreement may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of
which shall be deemed an original, but all of such counterparts taken together shall constitute one and the same agreement. Delivery of an executed counterpart of this Agreement by facsimile or electronic mail shall be equally effective as delivery
of an original executed counterpart. 

  
 25 

 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 26 

 IN WITNESS WHEREOF, Grantor and Administrative Agent have caused this Agreement to be
executed and delivered by its officer thereunto duly authorized, as of the date first above written. 
  

			
	GRANTOR:
	
	J.A. COSMETICS HOLDINGS, INC.
		
	By:	 	 /s/ Frank Pisani

	Name:	 	Frank Pisani
	Title:	 	Vice President

 
			
	ADMINISTRATIVE AGENT:
	  
 BANK OF MONTREAL,

as Administrative Agent

		
	By:	 	 /s/ Tara Cuprisin

	Name:	 	Tara Cuprisin
	Title:	 	Director

 EXHIBIT A 

PLEDGE AMENDMENT 
 This Pledge Amendment, dated              ,         , is delivered pursuant to
Section 4 of the Security Agreement referred to below. The undersigned hereby agrees that this Pledge Amendment may be attached to the Pledge and Security Agreement, dated January 31, 2014, as it may heretofore have been or hereafter may be amended,
restated, supplemented, modified or otherwise changed from time to time (the “Security Agreement”) and that the promissory notes or shares listed on this Pledge Amendment are hereby pledged and assigned to Administrative Agent and
become part of the Pledged Interests referred to in such Security Agreement and shall secure all of the Secured Obligations referred to in such Security Agreement. 
 Pledged Debt 
  

							
	 Grantor
	 	 Name of Maker
	 	 Description
	 	 Principal Amount

Outstanding as of

		 		 		 	
		 		 		 	

 Pledged Shares 
  

											
	 Grantor
	 	 Name of

Pledged Issuer
	 	 Number

Shares
	 	 Percentage of

Outstanding

Shares
	 	 Class
	 	 Certificate

Number

		 		 		 		 		 	
		 		 		 		 		 	

  

			
	[GRANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

			
	BANK OF MONTREAL,
as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit A-1

 EXHIBIT B 

GRANT OF A SECURITY INTEREST – [TRADEMARKS] (COPYRIGHTS] [PATENTS] 

This [Trademark] [Copyright] [Patent] Security Agreement (this “[Trademarkl [Copyright][Patent] Security
Agreement”) is made as of             , 20    , by
                     (“Grantor”), in favor of BANK OF MONTREAL, in its capacity as Administrative Agent for itself and the
other Lender Parties (together with its successors and permitted assigns in such capacity, “Grantee”). 

WHEREAS, the Grantor [has adopted, used and is using, and holds all right, title and interest in and to, the trademarks and service marks
listed on the attached Schedule A, which trademarks and service marks are registered or applied for in the United States Patent and Trademark Office (the “Trademarks”)] [holds all right, title and interest in the letter
patents, design patents and utility patents listed on the attached Schedule A, which patents are issued or applied for in the United States Patent and Trademark Office (the “Patents”)] [holds all right, title and interest in
the copyrights listed on the attached Schedule A, which copyrights are registered in the United States Copyright Office (the “Copyrights”)]; 
 WHEREAS, the Grantor has entered into a Pledge and Security Agreement, dated January 31, 2014 (as amended, restated, supplemented, modified or otherwise changed from time to time, the “Security
Agreement”), in favor of Grantee; and 
 WHEREAS, pursuant to the Security Agreement, the Grantor has granted to the
Grantee for the benefit of the Lender Parties (as defined in the Security Agreement), a continuing security interest in all right, title and interest of the Grantor in, to and under the [Trademarks, together with, among other things, the goodwill of
the business symbolized by the Trademarks] [Patents] [Copyrights] and the applications and registrations thereof, and all proceeds thereof, including, without limitation, any and all causes of action which may exist by reason of infringement thereof
and any and all damages arising from past, present and future violations thereof (the “Collateral”), to secure the payment, performance and observance of the Secured Obligations (as defined in the Security Agreement). 

NOW, THEREFORE, as collateral security for the payment, performance and observance of all of the Secured Obligations, for good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Grantor does hereby grant to the Grantee and grant to the Grantee for the benefit of the Lender Parties, a continuing security interest in the Collateral to
secure the prompt payment, performance and observance of the Secured Obligations. Notwithstanding the foregoing, no grant of any Lien or security interest shall be deemed granted hereunder on or in any “intent to use” Trademark application
for which a Statement of Use or Amendment to Allege Use, as applicable, has not been filed and accepted with the U.S. Patent and Trademark Office. 
 All capitalized terms used but not otherwise defined herein have the meanings given to them in the Security Agreement. 

  
 Exhibit B-1

 The Grantor does hereby further acknowledge and affirm that the rights and remedies of the
Grantee with respect to the Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein. In the event that of any conflict between the
terms of this [Trademark] [Copyright] [Patent] Agreement and the Security Agreement, the terms of the Security Agreement shall control. 
 This [Trademark] [Copyright] [Patent] Agreement may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart by facsimile or electronic mail shall be equally effective as delivery of an original executed counterpart. 

[Remainder of page intentionally left blank] 

  
 Exhibit B-2

 IN WITNESS WHEREOF, the Grantor has caused this [Trademark] [Copyright] [Patent] Security
Agreement to be duly executed by its officer thereunto duly authorized as of the date first set forth above. 
  

			
	[GRANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit B-3

 SCHEDULE A TO GRANT OF A SECURITY INTEREST 

[Trademark Registrations and Applications] 

[Patents and Patent Applications] 
 [Copyright
Registrations and Applications] 

 EXHIBIT C 

FORM OF SECURITY AGREEMENT SUPPLEMENT 
 [Date of Security Agreement Supplement] 
  

	
	Bank of Montreal, as Administrative Agent
	
	  
	
	  

 Ladies and Gentlemen: 
 Reference hereby is made to (i) the Credit Agreement, dated as of January 31, 2014 (such agreement, as amended, restated, supplemented, modified or otherwise changed from time to time, including any
replacement agreement therefor, being hereinafter referred to as the “Credit Agreement”) by and among J.A. Cosmetics Holdings, Inc., a Delaware corporation (“Holdings”), as the initial borrower (the “Initial
Borrower”; each of the Initial Borrower, and each Domestic Subsidiary of Initial Borrower who hereafter becomes a “Borrower” thereunder pursuant to a Joinder Agreement, are referred to individually as a “Borrower”
and collectively as the “Borrowers”), the lenders from time to time party thereto (each a “Lender” and collectively, the “Lenders”) and Bank of Montreal, as Administrative Agent for the Lenders (in
such capacity, together with its successors and permitted assigns in such capacity, the “Administrative Agent”) and (ii) the Pledge and Security Agreement, dated as of January 31, 2014 (as amended, restated, supplemented or
otherwise modified from time to time, the “Security Agreement”), made by the Grantors from time to time party thereto in favor of Administrative Agent. Capitalized terms defined in the Credit Agreement or the Security Agreement and
not otherwise defined herein are used herein as defined in the Credit Agreement or the Security Agreement. 
 SECTION 1.
Grant of Security. The undersigned hereby grants to Administrative Agent, for the ratable benefit of the Lender Parties, a security interest in, all of its right, title and interest in and to all of the Collateral (as defined in the
Security Agreement) of the undersigned, whether now owned or hereafter acquired by the undersigned, wherever located and whether now or hereafter existing or arising, including, without limitation, the property and assets of the undersigned set
forth on the attached supplemental schedules to the Schedules to the Security Agreement. 
 SECTION 2. Security for
Obligations. The grant of a security interest in the Collateral by the undersigned under this Security Agreement Supplement and the Security Agreement secures the payment of all Secured Obligations of the undersigned now or hereafter existing
under or in respect of the Loan Documents, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or
otherwise. Without limiting the generality of the foregoing, each of this Security Agreement Supplement and the Security Agreement secures the payment of all amounts that constitute part of the Secured Obligations and that would be owed by the
undersigned to Administrative Agent or any Lender Party under the Loan Documents but for the fact that such Secured Obligations are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving a
Grantor. 

  
 Exhibit C-1

 SECTION 3. Supplements to Security Agreement Schedules. The undersigned has attached
hereto supplemental Schedules I through XI to Schedules I through XI, respectively, to the Security Agreement, and the undersigned hereby certifies, as of the date first above written, that such supplemental Schedules include all of the information
required to be scheduled to the Security Agreement. 
 SECTION 4. Representations and Warranties. As of the date hereof,
the undersigned hereby makes each representation and warranty set forth in Section 5 of the Security Agreement (as supplemented by the attached supplemental Schedules) to the same extent as each other Grantor. 

SECTION 5. Obligations Under the Security Agreement. The undersigned hereby agrees, as of the date first above written, to be
bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an
“Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned. 
 SECTION 6.
Governing Law. This Security Agreement Supplement shall be governed by, and construed in accordance with, the laws of the State of New York. 
 SECTION 7. Loan Document. In addition to and without limitation of any of the foregoing, this Security Agreement Supplement shall be deemed to be a Loan Document and shall otherwise be subject to
all of terms and conditions contained in Sections 10.14 and 10.15 of the Credit Agreement, mutatis mutandi. 
  

			
	Very truly yours
	
	[NAME OF ADDITIONAL GRANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 Acknowledged and Agreed: 
  

			
	BANK OF MONTREAL, as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit C-2EX-10.12

 Exhibit 10.12 

J.A. COSMETICS HOLDINGS, INC. 
  

 
 2014 EQUITY
INCENTIVE PLAN 
  
  

ARTICLE I 
 PURPOSE

 The purpose of this J.A. Cosmetics Holdings, Inc. 2014 Equity Incentive Plan is to enhance the profitability and value of the
Company for the benefit of its stockholders by enabling the Company to offer Eligible Individuals cash and stock-based incentives in order to attract, retain and reward such individuals and strengthen the mutuality of interests between such
individuals and the Company’s stockholders. The Plan is effective as of the date set forth in Article XIV hereof. 
 ARTICLE
II 
 DEFINITIONS 

For purposes of the Plan, the following terms shall have the following meanings: 

2.1 “Affiliate” any particular Person means any other Person controlling, controlled by or under common control with
such particular Person, where “control” means the possession, directly or indirectly, of the power to direct the management and policies of a Person whether through the ownership of voting securities, by contract or otherwise, including
any Subsidiary or any Parent; provided that, unless otherwise determined by the Committee, the Common Stock subject to any Award constitutes “service recipient stock” for purposes of Section 409A of the Code or otherwise does not subject
the Award to Section 409A of the Code. 
 2.2 “Award” means any award under the Plan of any Stock Option, Stock
Appreciation Right, Restricted Stock Award, Other Stock-Based Award or Other Cash-Based Award. All Awards shall be granted by, confirmed by, and subject to the terms of, a written agreement executed by the Company and the Participant. 

2.3 “Award Agreement” means the written agreement setting forth the terms and conditions applicable to an Award. 

2.4 “Board” means the Board of Directors of the Company. 

2.5 “Cause” means, unless otherwise determined by the Committee in the applicable Award Agreement or any employment
agreement between the Participant and the Company or a Subsidiary, with respect to a Participant’s Termination of Employment or Termination of Consultancy, the Participant’s: (a) conviction (including a guilty plea or plea of nolo
contendere) of any crime or offense that constitutes a felony under federal or state law or other crime involving moral turpitude or any other act or omission involving fraud with respect to the Company or a Subsidiary; (b) commission of an act of
gross negligence or intentional 

 
misconduct, in each case resulting in any material detriment to the Company or a Subsidiary; (c) abuse of alcohol or other substances that materially impairs his or her ability to perform his or
her duties hereunder; (d) knowingly aiding or abetting a competitor, supplier or customer of the Company or a Subsidiary to the disadvantage or detriment of the Company or a Subsidiary; (e) failure to comply with the lawful and reasonable direction
of the Board (other than due to physical or mental incapacity), which failure continues for fifteen (15) days following receipt of written notice from the Board specifying such failure, or which failure represents a pattern of failing to comply with
the lawful and reasonable direction of the chief executive officer or the Board; (f) failure to adhere to written company policies resulting in any material detriment to the Company or a Subsidiary, which failure continues for fifteen (15) days
following receipt of written notice from the Board specifying such failure; or (g) material breach of any provision of this Plan or any Award Agreement (other than due to physical or mental incapacity), including without limitation any
non-competition and/or non-solicitation covenants in any Award Agreement, which breach continues for fifteen (15) days following receipt of written notice from the Board specifying such breach. With respect to a Participant’s Termination of
Directorship, “cause” means an act or failure to act that constitutes cause for removal of a director under applicable Delaware law. 

2.6 “Code” means the Internal Revenue Code of 1986, as amended. Any reference to any section of the Code shall
also be a reference to any successor provision and any treasury regulation promulgated thereunder. 
 2.7
“Committee” means any committee of the Board duly authorized by the Board to administer the Plan. If no committee is duly authorized by the Board to administer the Plan, the term “Committee” shall be deemed to refer to
the Board for all purposes under the Plan. 
 2.8 “Common Stock” means the common stock, par value $0.01, of the
Company. 
 2.9 “Company” means J.A. Cosmetics Holdings, Inc., a Delaware corporation, and its successors by
operation of law. 
 2.10 “Consultant” means any natural person who is an advisor or consultant to the Company or
its Affiliates. 
 2.11 “Disability” means, unless otherwise determined by the Committee in the applicable Award
Agreement or any employment agreement between the Participant and the Company or a Subsidiary, with respect to a Participant’s Termination, a permanent and total disability as defined in Section 22(e)(3) of the Code. A Disability shall only be
deemed to occur at the time of the determination by the Committee of the Disability. Notwithstanding the foregoing, for Awards that are subject to Section 409A of the Code, Disability shall mean that a Participant is disabled under Section
409A(a)(2)(C)(i) or (ii) of the Code. 
 2.12 “Effective Date” means the effective date of the Plan as defined in
Article XIV hereof. 
 2.13 “Eligible Employees” means each employee of the Company or an Affiliate. 

  
 2 

 2.14 “Eligible Individual” means an Eligible Employee, Non-Employee
Director or Consultant who is designated by the Committee in its sole discretion as eligible to receive Awards subject to the conditions set forth herein. 

2.15 “Exchange Act” means the Securities Exchange Act of 1934, as amended. Reference to a specific section of the
Exchange Act or regulation thereunder shall include such section or regulation, any valid regulation or interpretation promulgated under such section, and any comparable provision of any future legislation or regulation amending, supplementing or
superseding such section or regulation. 
 2.16 “Fair Market Value” shall, for purposes of the Plan, unless
otherwise required by any applicable provision of the Code or any regulations issued thereunder, as of any date and except as provided below, have the meaning set forth in the Stockholders Agreement. 

2.17 “Family Member” means “family member” as defined under Rule 701 of the Securities Act. 

2.18 “Incentive Stock Option” means any Stock Option awarded to an Eligible Employee of the Company, its Subsidiaries
and its Parents (if any) under the Plan intended to be and designated as an “Incentive Stock Option” within the meaning of Section 422 of the Code. 

2.19 “Initial Public Offering” means the first “Public Offering” of the Company as such term is defined in
the Stockholders Agreement. 
 2.20 “Lead Underwriter” has the meaning set forth in Section 13.18 hereof.

 2.21 “Lock-Up Period” has the meaning set forth in Section 13.18 hereof. 

2.22 “Non-Employee Director” means a director or a member of the Board of the Company or any Affiliate who is not an
active employee of the Company or any Affiliate. 
 2.23 “Non-Qualified Stock Option” means any Stock Option awarded
under the Plan that is not an Incentive Stock Option. 
 2.24 “Non-Tandem Stock Appreciation Right” shall mean the
right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, other than on surrender of
a Stock Option. 
 2.25 “Other Cash-Based Award” means an Award granted pursuant to Section 9.3 hereof and
payable in cash at such time or times and subject to such terms and conditions as determined by the Committee in its sole discretion. 

2.26 “Other Stock-Based Award” means an Award under Article IX hereof that is valued in whole or in part by
reference to, or is payable in or otherwise based on, Common Stock, including, without limitation, an Award valued by reference to an Affiliate. 

  
 3 

 2.27 “Parent” means any parent corporation of the Company within the
meaning of Section 424(e) of the Code. 
 2.28 “Participant” means an Eligible Individual to whom an Award has been
granted pursuant to the Plan. 
 2.29 “Performance Goals” means the objective and/or subjective performance goals
established by the Committee as contingencies for Awards to vest and/or become exercisable or distributable. 
 2.30 “Performance
Period” means the designated period during which the Performance Goals must be satisfied with respect to the Award to which the Performance Goals relate. 

2.31 “Plan” means this J.A. Cosmetics Holdings, Inc. 2014 Equity Incentive Plan, as amended from time to time.

 2.32 “Proceeding” has the meaning set forth in Section 13.9 hereof. 

2.33 “Reference Stock Option” has the meaning set forth in Section 7.1 hereof. 

2.34 “Registration Rights Agreement” shall mean that certain Registration Rights Agreement of the Company by and among
the Company and the stockholders of the Company, dated as of the date hereof, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.  

2.35 “Reorganization” has the meaning set forth in Section 4.2(b)(ii) hereof. 

2.36 “Restricted Stock” means an Award of shares of Common Stock under the Plan that is subject to restrictions under
Article VIII hereof. 
 2.37 “Restriction Period” has the meaning set forth in Section 8.2(a)
hereof with respect to Restricted Stock. 
 2.38 “Sale of the Company” shall have the meaning set forth in the
Stockholders Agreement. Notwithstanding the foregoing, with respect to any Award that is characterized as “nonqualified deferred compensation” within the meaning of Section 409A of the Code, an event shall not be considered to be a Sale of
the Company under the Plan for purposes of payment of such Award unless such event is also a “change in ownership,” a “change in effective control” or a “change in the ownership of a substantial portion of the assets”
of the Company within the meaning of Section 409A of the Code. 
 2.39 “Section 409A of the Code” means the
nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder. 

2.40 “Securities Act” means the Securities Act of 1933, as amended and all rules and regulations promulgated
thereunder. Reference to a specific section of the Securities Act or 

  
 4 

 
regulation thereunder shall include such section or regulation, any valid regulation or interpretation promulgated under such section, and any comparable provision of any future legislation or
regulation amending, supplementing or superseding such section or regulation. 
 2.41 “Stock Appreciation Right”
shall mean the right pursuant to an Award granted under Article VII hereof. 
 2.42 “Stockholders Agreement”
shall mean that certain Stockholders Agreement of the Company by and among the Company and the stockholders of the Company, dated as of the date hereof, as the same may be amended, supplemented or otherwise modified from time to time in accordance
with its terms. 
 2.43 “Stock Option” or “Option” means any option to purchase shares of
Common Stock granted to Eligible Individuals granted pursuant to Article VI hereof. 
 2.44 “Subsidiary”
means any subsidiary corporation of the Company within the meaning of Section 424(f) of the Code. 
 2.45 “Tandem Stock
Appreciation Right” shall mean the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock
Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof). 

2.46 “Ten Percent Stockholder” means a person owning stock possessing more than ten percent (10%) of the total
combined voting power of all classes of stock of the Company, its Subsidiaries or its Parent. 
 2.47 “Termination”
means a Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable. 
 2.48
“Termination of Consultancy” means: (a) that the Consultant is no longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate
unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that a Consultant becomes an Eligible Employee or a Non-Employee Director upon
the termination of such Consultant’s consultancy, unless otherwise determined by the Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an
Eligible Employee or a Non-Employee Director. Notwithstanding the foregoing, the Committee may otherwise define Termination of Consultancy in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of
Consultancy thereafter, provided that any such change to the definition of the term “Termination of Consultancy” does not subject the applicable Award to Section 409A of the Code. 

2.49 “Termination of Directorship” means that the Non-Employee Director has ceased to be a director of the Company;
except that if a Non-Employee Director becomes an 

  
 5 

 
Eligible Employee or a Consultant upon the termination of such Non-Employee Director’s directorship, such Non-Employee Director’s ceasing to be a director of the Company shall not be
treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be. 

2.50 “Termination of Employment” means: (a) a termination of employment (for reasons other than a military or personal
leave of absence granted by the Company) of a Participant from the Company and its Affiliates; or (b) when an entity which is employing a Participant ceases to be an Affiliate, unless the Participant otherwise is, or thereupon becomes, employed by
the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that an Eligible Employee becomes a Consultant or a Non-Employee Director upon the termination of such Eligible Employee’s employment, unless
otherwise determined by the Committee, in its sole discretion, no Termination of Employment shall be deemed to occur until such time as such Eligible Employee is no longer an Eligible Employee, a Consultant or a Non-Employee Director.
Notwithstanding the foregoing, the Committee may otherwise define Termination of Employment in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Employment thereafter, provided that any such
change to the definition of the term “Termination of Employment” does not subject the applicable Award to Section 409A of the Code. 

2.51 “Transfer” means any sale, transfer, assignment, pledge, mortgage, exchange, hypothecation, grant of a security
interest or other direct or indirect disposition or encumbrance of an interest whether with or without consideration, whether voluntarily or involuntarily or by operation of law) or the acts thereof. The terms “Transferee,”
“Transferred,” and other forms of the word “Transfer” shall have correlative meanings. 
 ARTICLE III 

ADMINISTRATION 
 3.1
The Committee. The Plan shall be administered and interpreted by the Committee. 
 3.2 Grants of
Awards. The Committee shall have full authority to grant, pursuant to the terms of the Plan, to Eligible Individuals: (i) Stock Options; (ii) Stock Appreciation Rights; (iii) Restricted Stock Awards; (iv) Other Stock-Based Awards;
and (v) Other Cash-Based Awards. Eligible Individuals selected to receive Awards shall not have any right with respect to such Award, unless and until such Participant has delivered a fully executed copy of the Award Agreement evidencing the
Award to the Company, to the extent required by the Committee, and has otherwise complied with the applicable terms and conditions of such Award, as set forth in the Plan and the Award Agreement, as applicable. 

3.3 Authority. The Committee shall have the authority: 

(a) to select the Eligible Individuals to whom Awards may from time to time be granted hereunder; 

(b) to determine whether and to what extent Awards, or any combination thereof, are to be granted hereunder to one or more Eligible
Individuals; 

  
 6 

 (c) to determine the number of shares of Common Stock to be covered by each Award granted
hereunder; 
 (d) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder
(including, but not limited to, the exercise or purchase price (if any), any restriction or limitation, any vesting schedule or acceleration thereof, or any forfeiture restrictions or waiver thereof, regarding any Award and the shares of Common
Stock relating thereto, based on such factors, if any, as the Committee shall determine, in its sole discretion); 
 (e) to determine the
amount of cash to be covered by each Award granted hereunder; 
 (f) to determine whether, to what extent and under what circumstances
grants of Options and other Awards under the Plan are to operate on a tandem basis and/or in conjunction with or apart from other awards made by the Company outside of the Plan; 

(g) to determine whether and under what circumstances a Stock Option may be settled in cash, Common Stock and/or Restricted Stock under
Section 6.4(d) hereof;
 (h) to determine whether a Stock Option is an Incentive Stock Option or Non-Qualified Stock Option; 

(i) to determine whether to require a Participant, as a condition of the granting of any Award, to not sell or otherwise dispose of shares
acquired pursuant to the exercise of an Award for a period of time as determined by the Committee, in its sole discretion, following the date of the acquisition of such Award; and 

(j) to modify, extend or renew an Award, subject to Article X and Section 6.4(k) hereof, provided, however, that such action
does not subject the Award to Section 409A of the Code without the consent of the Participant. 
 3.4 Guidelines. Subject to
Article X hereof, the Committee shall have the authority to adopt, alter and repeal such administrative rules, guidelines and practices governing the Plan and perform all acts, including the delegation of its responsibilities (to the extent
permitted by applicable law and applicable stock exchange rules), as it shall, from time to time, deem advisable; to construe and interpret the terms and provisions of the Plan and any Award issued under the Plan (and any agreements relating
thereto); and to otherwise supervise the administration of the Plan. The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any agreement relating thereto in the manner and to the extent it shall
deem necessary to effectuate the purpose and intent of the Plan. The Committee may adopt special guidelines and provisions for persons who are residing in or employed in, or subject to, the taxes of, any domestic or foreign jurisdictions to comply
with applicable tax and securities laws of such domestic or foreign jurisdictions. Notwithstanding the foregoing, no action of the Committee under this Section 3.4 shall impair the rights of any Participant without the Participant’s
consent. 

  
 7 

 3.5 Decisions Final. Any decision, interpretation or other action made or
taken in good faith by or at the direction of the Company, the Board or the Committee (or any of its members) arising out of or in connection with the Plan shall be within the absolute discretion of all and each of them, as the case may be, and
shall be final, binding and conclusive on the Company and all employees and Participants and their respective heirs, executors, administrators, successors and assigns. 

3.6 Procedures. If the Committee is appointed, the Board shall designate one of the members of the Committee as chairman
and the Committee shall hold meetings, subject to the By-Laws of the Company, at such times and places as it shall deem advisable, including, without limitation, by telephone conference or by written consent to the extent permitted by applicable
law. A majority of the Committee members shall constitute a quorum. All determinations of the Committee shall be made by a majority of its members. Any decision or determination reduced to writing and signed by all of the Committee
members in accordance with the By-Laws of the Company, shall be fully effective as if it had been made by a vote at a meeting duly called and held. The Committee shall keep minutes of its meetings and shall make such rules and regulations for
the conduct of its business as it shall deem advisable. 
 3.7 Designation of Consultants/Liability. 

(a) The Committee may designate employees of the Company and professional advisors to assist the Committee in the administration of the Plan
and (to the extent permitted by applicable law) may grant authority to officers to grant Awards and/or execute agreements or other documents on behalf of the Committee. 

(b) The Committee may employ such legal counsel, consultants and agents as it may deem desirable for the administration of the Plan and may
rely upon any opinion received from any such counsel or consultant and any computation received from any such consultant or agent. Expenses incurred by the Committee or the Board in the engagement of any such counsel, consultant or agent shall
be paid by the Company. The Committee, its members and any person designated pursuant to sub-section (a) above shall not be liable for any action or determination made in good faith with respect to the Plan. To the maximum extent permitted
by applicable law, no officer of the Company or member or former member of the Committee or of the Board shall be liable for any action or determination made in good faith with respect to the Plan or any Award granted under it. 

3.8 Indemnification. To the maximum extent permitted by applicable law and the Certificate of Incorporation and By-Laws of the
Company and to the extent not covered by insurance directly insuring such person, each officer or employee of the Company or any Affiliate and member or former member of the Committee or the Board shall be indemnified and held harmless by the
Company against any cost or expense (including reasonable fees of counsel reasonably acceptable to the Committee) or liability (including any sum paid in settlement of a claim with the approval of the Committee), and advanced amounts necessary to
pay the foregoing at the earliest time and to the fullest extent permitted, arising out of any act or omission to act in connection with the administration of the Plan, except to the extent arising out of such officer’s, employee’s,
member’s or former member’s own fraud or bad faith. Such indemnification shall be in addition to any right of indemnification the employees, officers, 

  
 8 

 
directors or members or former officers, directors or members may have under applicable law or under the Certificate of Incorporation or By-Laws of the Company or any
Affiliate. Notwithstanding anything else herein, this indemnification will not apply to the actions or determinations made by an individual with regard to Awards granted to such individual under the Plan. 

ARTICLE IV 
 SHARE
LIMITATION 
 4.1 Shares. The aggregate number of shares of Common Stock that may be issued or used for reference
purposes or with respect to which Awards may be granted under the Plan shall not exceed 2,960,894 shares of Common Stock (subject to any increase or decrease pursuant to Section 4.2 hereof), which may be either authorized and unissued Common
Stock or Common Stock held in or acquired for the treasury of the Company or both. The maximum number of shares of Common Stock with respect to which Incentive Stock Options may be granted under the Plan shall be 2,960,894 shares of Common
Stock (subject to any increase or decrease pursuant to Section 4.2 hereof). With respect to Stock Appreciation Rights settled in Common Stock, upon settlement, only the number of shares of Common Stock delivered to a Participant (based
on the difference between the Fair Market Value of the shares of Common Stock subject to such Stock Appreciation Right on the date such Stock Appreciation Right is exercised and the exercise price of each Stock Appreciation Right on the date such
Stock Appreciation Right was awarded) shall count against the aggregate share limitations set forth under this Section 4.1 hereof. If any Option, Stock Appreciation Right or Other Stock-Based Awards granted under the Plan expires,
terminates or is canceled for any reason without having been exercised in full, the number of shares of Common Stock underlying any unexercised Award shall again be available for the purpose of Awards under the Plan. If any shares of Restricted
Stock or Other Stock-Based Awards denominated in shares of Common Stock awarded under the Plan to a Participant are forfeited for any reason, the number of forfeited shares of Restricted Stock or Other Stock-Based Awards denominated in shares of
Common Stock shall again be available for purposes of Awards under the Plan. If a Tandem Stock Appreciation Right or a limited Stock Appreciation Right is granted in tandem with an Option, such grant shall only apply once against the maximum
number of shares of Common Stock which may be issued under the Plan. In addition, any shares of Common Stock exchanged by a Participant or withheld from a Participant as full or partial payment to the Company of the exercise price or tax
withholding upon exercise or payment of an Award under the Plan shall be added back to the foregoing maximum share limitation and may be made subject to Awards under the Plan pursuant to such limitation. Any Award under the Plan settled in cash
shall not be counted against the foregoing maximum share limitation. 
 4.2 Changes. 

(a) The existence of the Plan and the Awards granted hereunder shall not affect in any way the right or power of the Board or the stockholders
of the Company to make or authorize (i) any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, (ii) any merger or consolidation of the Company or any of its Affiliates, (iii) any
issuance of bonds, debentures, preferred or prior preference equity ahead of or affecting the Common Stock, (iv) the dissolution or liquidation of the Company or any of its Affiliates, (v) any sale or transfer of all or part of the assets or
business of the Company or any of its Affiliates or (vi) any other corporate act or proceeding. 

  
 9 

 (b) Subject to the provisions of Section 4.2(c): 

(i) If the Company at any time subdivides (by any split, recapitalization or otherwise) the outstanding Common Stock into a greater number of
shares of Common Stock, or combines (by reverse split, combination or otherwise) its outstanding Common Stock into a lesser number of shares of Common Stock, then the respective exercise prices for outstanding Awards that provide for a Participant
elected exercise and the number of shares of Common Stock covered by outstanding Awards shall be appropriately adjusted by the Committee to prevent dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 

(ii) Excepting transactions covered by Section 4.2(b)(i), if the Company effects any merger, consolidation, statutory exchange,
spin-off, reorganization, sale or transfer of all or substantially all the Company’s assets or business, or other corporate transaction or event in such a manner that the Company’s outstanding shares of Common Stock are converted into the
right to receive (or the holders of Common Stock are entitled to receive in exchange therefor), either immediately or upon liquidation of the Company, securities or other property of the Company or other entity (each, a
“Reorganization”), then, subject to the provisions of Section 4.2(c), (A) the aggregate number or kind of securities that thereafter may be issued under the Plan, (B) the number or kind of securities or other
property (including cash) to be issued pursuant to Awards granted under the Plan (including as a result of the assumption of the Plan and the obligations hereunder by a successor entity, as applicable), or (C) the purchase price thereof, shall be
appropriately adjusted by the Committee to prevent dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 

(iii) If there shall occur any change in the capital structure of the Company other than those covered by Sections 4.2(b)(i) or
4.2(b)(ii), including by reason of any extraordinary dividend (whether cash or equity), any conversion, any adjustment, any issuance of any class of securities convertible or exercisable into, or exercisable for, any class of equity
securities of the Company, then the Committee may adjust any Award and make such other adjustments to the Plan to prevent dilution or enlargement of the rights granted to, or available for, Participants under the Plan. 

(iv) Any such adjustment determined by the Committee pursuant to this Section 4.2(b) shall be final, binding and conclusive on the
Company and all Participants and their respective heirs, executors, administrators, successors and permitted assigns. Any adjustment to, or assumption or substitution of, an Award under this Section 4.2(b) shall be intended to comply
with the requirements of Section 409A of the Code and Treasury Regulation §1.424-1 (and any amendments thereto), to the extent applicable. Except as expressly provided in this Section 4.2 or in the applicable Award Agreement, a
Participant shall have no additional rights under the Plan by reason of any transaction or event described in this Section 4.2. 

(v) Fractional shares of Common Stock resulting from any adjustment in Awards pursuant to this Section 4.2(b) shall be aggregated
until, and eliminated at, the time of 

  
 10 

 
exercise by rounding down for fractions less than one-half and rounding up for fractions equal to or greater than one-half. No cash settlements shall be required to be made with respect to
fractional shares of Common Stock eliminated by rounding. Notice of any adjustment shall be given by the Committee to each Participant whose Awards have been adjusted and such adjustment (whether or not such notice is given) shall be effective
and binding for all purposes of the Plan. 
 (c) In the event of a Reorganization or a Sale of the Company, the Committee may, in its sole
discretion, do any one or more of the following: 
 (i) provide for the accelerated vesting of, or lapse of restrictions applicable to,
outstanding Awards at any time; 
 (ii) provide for the continuation, assumption or substitution of outstanding Awards, whether vested or
unvested, as determined by the Committee in a manner consistent with the applicable requirements of Section 409A of the Code and Treasury Regulation Section 1.424-1 (and any amendment thereto); 

(iii) terminate outstanding and unexercised Stock Options, Stock Appreciation Rights, or any Other Stock-Based Award that provides for a
Participant elected exercise, effective as of the date of such transaction, by delivering notice of termination to Participants at least ten (10) days prior to the date of consummation of such transaction, in which case, during the period from the
date on which such notice of termination is delivered to the consummation of such transaction, each such Participant shall have the right to exercise in full all of the Participant’s outstanding Stock Options, Stock Appreciation Rights and
Other Stock-Based Awards that provide for a Participant elected exercise (without regard to any limitations on exercisability otherwise contained in the Award Agreements), but any such exercise shall be contingent on the consummation of such
transaction, and, provided that, if such transaction is not consummated within a specified period after giving such notice for any reason whatsoever, the notice and exercise pursuant thereto shall be null and void; or 

(iv) provide for the purchase of Awards by the Company or any Subsidiary in connection with (and contingent upon) the consummation of such
transaction for an amount of cash equal to the excess (if any, or if no excess, zero) of the Fair Market Value of the shares of Common Stock covered by such Awards (which, for clarity, shall be the Fair Market Value of the Common Stock in connection
with such transaction), over the aggregate exercise price or purchase price required to be paid under such Awards for the acquisition of the underlying Common Stock, to the extent applicable. 

4.3 Minimum Purchase Price. Notwithstanding any provision of the Plan to the contrary, if authorized but previously
unissued shares of Common Stock are issued under the Plan, such shares shall not be issued for a consideration that is less than as permitted under applicable law. 

  
 11 

 ARTICLE V 

ELIGIBILITY 
 5.1
General Eligibility. All current and prospective Eligible Individuals are eligible to be granted Awards. Eligibility for the grant of Awards and actual participation in the Plan shall be determined by the Committee in its sole
discretion. 
 5.2 Incentive Stock Options. Notwithstanding the foregoing, only Eligible Employees of the Company, its
Subsidiaries and its Parent (if any) are eligible to be granted Incentive Stock Options under the Plan. Eligibility for the grant of an Incentive Stock Option and actual participation in the Plan shall be determined by the Committee in its sole
discretion. 
 5.3 General Requirement. The vesting and exercise of Awards granted to a prospective Eligible Individual
are conditioned upon such individual actually becoming an Eligible Employee, Consultant or Non-Employee Director, respectively. 
 ARTICLE
VI 
 STOCK OPTIONS 

6.1 Options. Stock Options may be granted alone or in addition to other Awards granted under the Plan. Each Stock
Option granted under the Plan shall be of one of two types: (a) an Incentive Stock Option or (b) a Non-Qualified Stock Option. 
 6.2
Grants. The Committee shall have the authority to grant to any Eligible Employee one or more Incentive Stock Options, Non-Qualified Stock Options, or both types of Stock Options. The Committee shall have the authority to grant
any Consultant or Non-Employee Director one or more Non-Qualified Stock Options. To the extent that any Stock Option does not qualify as an Incentive Stock Option (whether because of its provisions or the time or manner of its exercise or
otherwise), such Stock Option or the portion thereof which does not so qualify shall constitute a separate Non-Qualified Stock Option. 

6.3 Incentive Stock Options. Notwithstanding anything in the Plan to the contrary, no term of the Plan relating to
Incentive Stock Options shall be interpreted, amended or altered, nor shall any discretion or authority granted under the Plan be so exercised, so as to disqualify the Plan under Section 422 of the Code, or, without the consent of the Participants
affected, to disqualify any Incentive Stock Option under such Section 422. 
 6.4 Terms of Options. Options granted under
the Plan shall be subject to the following terms and conditions and shall be in such form and contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Committee shall deem desirable: 

(a) Exercise Price. The exercise price per share of Common Stock subject to a Stock Option shall be determined by the Committee at
the time of grant, provided that the per share exercise price of a Stock Option intended to be an Incentive Stock Option shall not be less than 100% (or, in the case of an Incentive Stock Option granted to a Ten Percent Stockholder, 110%) of the
Fair Market Value of a share of Common Stock at the time of grant. To the extent that a Stock Option is granted with an exercise price that is less than 100% of the Fair Market Value of a share of Common Stock at the time of grant, such Stock
Option will be intended to comply with the requirements of Section 409A of the Code, and the Committee shall take such requirements into account when approving any such grant. 

  
 12 

 (b) Stock Option Term. The term of each Stock Option shall be fixed by the Committee,
provided that no Stock Option shall be exercisable more than ten (10) years after the date the Option is granted; and provided further that the term of an Incentive Stock Option granted to a Ten Percent Stockholder shall not exceed five years. 

(c) Exercisability. Unless otherwise provided by the Committee in accordance with the provisions of this Section 6.4, Stock
Options granted under the Plan shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee at the time of grant. If the Committee provides, in its sole discretion, that any Stock
Option is exercisable subject to certain limitations (including, without limitation, that such Stock Option is exercisable only in installments or within certain time periods), the Committee may waive such limitations on the exercisability at any
time at or after the time of grant in whole or in part (including, without limitation, waiver of the installment exercise provisions or acceleration of the time at which such Stock Option may be exercised), based on such factors, if any, as the
Committee shall determine, in its sole discretion. 
 (d) Method of Exercise. Subject to whatever installment exercise and
waiting period provisions apply under Section 6.4(c) hereof, to the extent vested, Stock Options may be exercised in whole or in part at any time during the Option term, by giving written notice of exercise to the Company specifying the
number of shares of Common Stock to be purchased. Such notice shall be accompanied by payment in full of the purchase price as follows: (i) in cash or by check, bank draft or money order payable to the order of the Company; (ii) solely to
the extent permitted by applicable law, if the Common Stock is traded on a national securities exchange, and the Committee authorizes, through a procedure whereby the Participant delivers irrevocable instructions to a broker reasonably acceptable to
the Committee to deliver promptly to the Company an amount equal to the purchase price; or (iii) on such other terms and conditions as may be acceptable to the Committee (including, without limitation, having the Company withhold shares of Common
Stock issuable upon exercise of the Stock Option, or by payment in full or in part in the form of Common Stock owned by the Participant, based on the Fair Market Value of the Common Stock on the payment date as determined by the Committee). No
shares of Common Stock shall be issued until payment therefor, as provided herein, has been made or provided for. 
 (e)
Non-Transferability of Options. No Stock Option shall be Transferable by the Participant other than by will or by the laws of descent and distribution, and all Stock Options shall be exercisable, during the Participant’s lifetime, only
by the Participant. Notwithstanding the foregoing, the Committee may determine, in its sole discretion, at the time of grant or thereafter or as set forth in the applicable Award Agreement that a Non-Qualified Stock Option that is otherwise not
Transferable pursuant to this Section 6.4(e) is Transferable to a Family Member in whole or in part and in such circumstances, and under such conditions, as specified by the Committee. A Non-Qualified Stock Option that is Transferred to a
Family Member pursuant to the preceding sentence (i) may not be subsequently Transferred other than by will or by the laws of descent and distribution and (ii) remains subject to the terms of the Plan and the applicable Award Agreement. Any shares
of Common Stock acquired upon the exercise 

  
 13 

 
of a Non-Qualified Stock Option by a permissible transferee of a Non-Qualified Stock Option or a permissible transferee pursuant to a Transfer after the exercise of the Non-Qualified Stock Option
shall be subject to the terms of the Plan and the applicable Award Agreement. 
 (f) Termination Generally. Unless otherwise
determined by the Committee at the time of grant or as set forth in the applicable Award Agreement, or if no rights of the Participant are reduced, thereafter, upon a Participant’s Termination for any reason (except as described in Sections
6.4(g) and 6.4(h) hereof), all Stock Options that are held by such Participant that are vested and exercisable at the time of the Participant’s Termination may be exercised by the Participant at any time within a period of ninety
(90) days from the date of such Termination, but in no event beyond the expiration of the stated term of such Stock Options. 
 (g)
Termination by Death or Disability. Unless otherwise determined by the Committee at the time of grant or as set forth in the applicable Award Agreement, or if no rights of the Participant are reduced, thereafter, if a Participant’s
Termination is by reason of death or Disability, all Stock Options that are held by such Participant that are vested and exercisable at the time of the Participant’s Termination may be exercised by the Participant (or in the case of death, by
the legal representative of the Participant’s estate) at any time within a period of one (1) year from the date of such Termination, but in no event beyond the expiration of the stated term of such Stock Options. 

(h) Termination for Cause. Unless otherwise determined by the Committee at the time of grant or as set forth in the applicable Award
Agreement, or if no rights of the Participant are reduced, thereafter, if a Participant’s Termination (x) is for Cause or (y) is a voluntary Termination after the occurrence of an event that would be grounds for a Termination for Cause, all
Stock Options, whether vested or not vested, that are held by such Participant shall thereupon terminate and expire as of the date of such Termination. 

(i) Unvested Stock Options. Unless otherwise determined by the Committee at the time of grant or as set forth in the applicable Award
Agreement, or if no rights of the Participant are reduced, thereafter, Stock Options that are not vested as of the date of a Participant’s Termination for any reason shall terminate and expire as of the date of such Termination. 

(j) Incentive Stock Option Limitations. To the extent that the aggregate Fair Market Value (determined as of the time of grant) of
the Common Stock with respect to which Incentive Stock Options are exercisable for the first time by an Eligible Employee during any calendar year under the Plan and/or any other stock option plan of the Company, any Subsidiary or any Parent exceeds
$100,000, such Options shall be treated as Non-Qualified Stock Options. In addition, if an Eligible Employee does not remain employed by the Company, any Subsidiary or any Parent at all times from the time an Incentive Stock Option is granted
until three months prior to the date of exercise thereof (or such other period as required by applicable law), such Stock Option shall be treated as a Non-Qualified Stock Option. Should any provision of the Plan not be necessary in order for
the Stock Options to qualify as Incentive Stock Options, or should any additional provisions be required, the Committee may amend the Plan accordingly, without the necessity of obtaining the approval of the stockholders of the Company. 

  
 14 

 (k) Form, Modification, Extension and Renewal of Stock Options. Subject to the terms and
conditions and within the limitations of the Plan, Stock Options shall be evidenced by such form of agreement or grant as is approved by the Committee, and the Committee may (i) modify, extend or renew outstanding Stock Options granted under the
Plan (provided that the rights of a Participant are not reduced without such Participant’s consent and provided further that such action does not subject the Stock Options to Section 409A of the Code without the consent of the Participant), and
(ii) accept the surrender of outstanding Stock Options (to the extent not theretofore exercised) and authorize the granting of new Stock Options in substitution therefor (to the extent not theretofore exercised). Notwithstanding anything herein to
the contrary, unless otherwise provided in the Award Agreement, the Committee may, at its sole and absolute discretion, taking into account the impact of Section 409A of the Code (except if it would not result in failure to comply with Section 409A
of the Code), (i) lower the strike price of a Stock Option after it is granted, or take any other action with the effect of lowering the strike price of a Stock Option after it is granted, or (ii) permit the cancellation of a Stock Option in
exchange for another Award. 
 (l) Deferred Delivery of Common Stock. The Committee may in its sole discretion permit Participants to
defer delivery of Common Stock acquired pursuant to a Participant’s exercise of an Option in accordance with the terms and conditions established by the Committee in the applicable Award Agreement, which shall be intended to comply with the
requirements of Section 409A of the Code. 
 (m) Early Exercise. The Committee may provide that a Stock Option include a provision
whereby the Participant may elect at any time before the Participant’s Termination to exercise the Stock Option as to any part or all of the shares of Common Stock subject to the Stock Option prior to the full vesting of the Stock Option and
such shares shall be subject to the provisions of Article VIII hereof and be treated as Restricted Stock. Unvested shares of Common Stock so purchased may be subject to a repurchase option in favor of the Company or to any other
restriction the Committee determines to be appropriate. 
 (n) Other Terms and Conditions. The Committee may include a provision
in an Award Agreement providing for the automatic exercise of a Non-Qualified Stock Option on a cashless basis on the last day of the term of such Option if the Participant has failed to exercise the Non-Qualified Stock Option as of such date, with
respect to which the Fair Market Value of the shares of Common Stock underlying the Non-Qualified Stock Option exceeds the exercise price of such Non-Qualified Stock Option on the date of expiration of such Option, subject to Section 13.4
hereof. Stock Options may contain such other provisions, which shall not be inconsistent with any of the terms of the Plan, as the Committee shall deem appropriate. 

ARTICLE VII 
 STOCK
APPRECIATION RIGHTS 
 7.1 Tandem Stock Appreciation Rights. Stock Appreciation Rights may be granted in conjunction with
all or part of any Stock Option (a “Reference Stock Option”) granted under the Plan (“Tandem Stock Appreciation Rights”). In the case of a Non-Qualified Stock Option, such rights may be granted either at or after
the time of the grant of such Reference Stock Option. In the case of an Incentive Stock Option, such rights may be granted only at the time of the grant of such Reference Stock Option. 

  
 15 

 7.2 Terms and Conditions of Tandem Stock Appreciation Rights. Tandem Stock
Appreciation Rights granted hereunder shall be subject to such terms and conditions, not inconsistent with the provisions of the Plan, as shall be determined from time to time by the Committee, and the following: 

(a) Exercise Price. The exercise price per share of Common Stock subject to a Tandem Stock Appreciation Right shall be determined
by the Committee at the time of grant. To the extent that a Tandem Stock Appreciation Right is granted with an exercise price that is less than 100% of the Fair Market Value of a share of Common Stock at the time of grant, such Tandem Stock
Appreciation Right will be intended to comply with the requirements of Section 409A of the Code, and the Committee shall take such requirements into account when approving any such grant. 

(b) Term. A Tandem Stock Appreciation Right or applicable portion thereof granted with respect to a Reference Stock Option shall
terminate and no longer be exercisable upon the termination or exercise of the Reference Stock Option, except that, unless otherwise determined by the Committee, in its sole discretion, at the time of grant, a Tandem Stock Appreciation Right granted
with respect to less than the full number of shares covered by the Reference Stock Option shall not be reduced until, and then only to the extent that the exercise or termination of the Reference Stock Option causes, the number of shares covered by
the Tandem Stock Appreciation Right to exceed the number of shares remaining available and unexercised under the Reference Stock Option. 

(c) Exercisability. Tandem Stock Appreciation Rights shall be exercisable only at such time or times and to the extent that the
Reference Stock Options to which they relate shall be exercisable in accordance with the provisions of Article VI hereof, and shall be subject to the provisions of Section 6.4(c) hereof. 

(d) Method of Exercise. A Tandem Stock Appreciation Right may be exercised by the Participant by surrendering the applicable
portion of the Reference Stock Option. Upon such exercise and surrender, the Participant shall be entitled to receive an amount determined in the manner prescribed in this Section 7.2 hereof. Stock Options which have been so
surrendered, in whole or in part, shall no longer be exercisable to the extent that the related Tandem Stock Appreciation Rights have been exercised. 

(e) Payment. Upon the exercise of a Tandem Stock Appreciation Right, a Participant shall be entitled to receive up to, but no more
than, an amount in cash and/or Common Stock (as chosen by the Committee in its sole discretion) equal in value to the excess of the Fair Market Value of one share of Common Stock over the Option exercise price per share specified in the Reference
Stock Option agreement multiplied by the number of shares of Common Stock in respect of which the Tandem Stock Appreciation Right shall have been exercised, with the Committee having the right to determine the form of payment. 

  
 16 

 (f) Deemed Exercise of Reference Stock Option. Upon the exercise of a Tandem Stock
Appreciation Right, the Reference Stock Option or part thereof to which such Stock Appreciation Right is related shall be deemed to have been exercised for the purpose of the limitation set forth in Article IV hereof on the number of shares
of Common Stock to be issued under the Plan. 
 (g) Non-Transferability. Tandem Stock Appreciation Rights shall be Transferable
only when and to the extent that the underlying Stock Option would be Transferable under Section 6.4(e) hereof. 
 7.3
Non-Tandem Stock Appreciation Rights. Non-Tandem Stock Appreciation Rights may also be granted without reference to any Stock Options granted under the Plan. 

7.4 Terms and Conditions of Non-Tandem Stock Appreciation Rights. Non-Tandem Stock Appreciation Rights granted hereunder
shall be subject to such terms and conditions, not inconsistent with the provisions of the Plan, as shall be determined from time to time by the Committee, and the following: 

(a) Exercise Price. The exercise price per share of Common Stock subject to a Non-Tandem Stock Appreciation Right shall be
determined by the Committee at the time of grant. To the extent that a Non-Tandem Stock Appreciation Right is granted with an exercise price that is less than 100% of the Fair Market Value of a share of Common Stock at the time of grant, such
Non-Tandem Stock Appreciation Right will be intended to comply with the requirements of Section 409A of the Code, and the Committee shall take such requirements into account when approving any such grant. 

(b) Term. The term of each Non-Tandem Stock Appreciation Right shall be fixed by the Committee, but shall not be greater than ten
(10) years after the date the right is granted. 
 (c) Exercisability. Unless otherwise provided by the Committee in accordance
with the provisions of this Section 7.4 hereof, Non-Tandem Stock Appreciation Rights granted under the Plan shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee at the
time of grant. If the Committee provides, in its sole discretion, that any such right is exercisable subject to certain limitations (including, without limitation, that it is exercisable only in installments or within certain time periods), the
Committee may waive such limitations on the exercisability at any time at or after grant in whole or in part (including, without limitation, waiver of the installment exercise provisions or acceleration of the time at which such right may be
exercised), based on such factors, if any, as the Committee shall determine, in its sole discretion. 
 (d) Method of
Exercise. Subject to whatever installment exercise and waiting period provisions apply under Section 7.4(c) hereof, Non-Tandem Stock Appreciation Rights may be exercised in whole or in part at any time in accordance with the
applicable Award Agreement, by giving written notice of exercise to the Company specifying the number of Non-Tandem Stock Appreciation Rights to be exercised. 

  
 17 

 (e) Payment. Upon the exercise of a Non-Tandem Stock Appreciation Right a Participant
shall be entitled to receive, for each right exercised, up to, but no more than, an amount in cash and/or Common Stock (as chosen by the Committee in its sole discretion) equal in value to the excess of the Fair Market Value of one share of Common
Stock on the date that the right is exercised over the Fair Market Value of one share of Common Stock on the date that the right was awarded to the Participant. 

(f) Termination. Unless otherwise determined by the Committee at the time of grant or as set forth in the applicable Award Agreement
or, if no rights of the Participant are reduced, thereafter, subject to the provisions of the applicable Award Agreement and the Plan, upon a Participant’s Termination for any reason, Non-Tandem Stock Appreciation Rights will remain exercisable
following a Participant’s Termination on the same basis as Stock Options would be exercisable following a Participant’s Termination in accordance with the provisions of Sections 6.4(f) through 6.4(i) hereof. 

(g) Non-Transferability. No Non-Tandem Stock Appreciation Rights shall be Transferable by the Participant other than by will or by the
laws of descent and distribution, and all such rights shall be exercisable, during the Participant’s lifetime, only by the Participant. 

7.5 Limited Stock Appreciation Rights. The Committee may, in its sole discretion, grant Tandem and Non-Tandem Stock
Appreciation Rights either as a general Stock Appreciation Right or as a limited Stock Appreciation Right. Limited Stock Appreciation Rights may be exercised only upon the occurrence of a Sale of the Company or such other event as the Committee
may, in its sole discretion, designate at the time of grant or thereafter. Upon the exercise of limited Stock Appreciation Rights, except as otherwise provided in an Award Agreement, the Participant shall receive in cash and/or Common Stock, as
determined by the Committee, an amount equal to the amount (i) set forth in Section 7.2(e) hereof with respect to Tandem Stock Appreciation Rights, or (ii) set forth in Section 7.4(e) hereof with respect to Non-Tandem Stock
Appreciation Rights. 
 7.6 Other Terms and Conditions. The Committee may include a provision in an Award Agreement
providing for the automatic exercise of a Stock Appreciation Right on a cashless basis on the last day of the term of such Stock Appreciation Right if the Participant has failed to exercise the Stock Appreciation Right as of such date, with respect
to which the Fair Market Value of the shares of Common Stock underlying the Stock Appreciation Right exceeds the exercise price of such Stock Appreciation Right on the date of expiration of such Stock Appreciation Right, subject to Section
13.4 hereof. Stock Appreciation Rights may contain such other provisions, which shall not be inconsistent with any of the terms of the Plan, as the Committee shall deem appropriate. 

ARTICLE VIII 
 RESTRICTED
STOCK 
 8.1 Awards of Restricted Stock. Shares of Restricted Stock may be issued either alone or in addition to
other Awards granted under the Plan. The Committee shall determine the Eligible Individuals, to whom, and the time or times at which, grants of Restricted Stock shall be made, the number of shares to be awarded, the price (if any) to be paid by
the Participant (subject 

  
 18 

 
to Section 4.3 hereof), the time or times within which such Awards may be subject to forfeiture, the vesting schedule and rights to acceleration thereof, and all other terms and conditions
of the Awards. The Committee may condition the grant or vesting of Restricted Stock upon the attainment of specified Performance Goals or such other factor as the Committee may determine in its sole discretion. Further, such Award shall be
subject to the following conditions: 
 (a) Purchase Price. The purchase price of Restricted Stock shall be fixed by the
Committee. Subject to Section 4.3 hereof, the purchase price for shares of Restricted Stock may be zero to the extent permitted by applicable law, and, to the extent not so permitted, such purchase price may not be less than par value.

 (b) Acceptance. Awards of Restricted Stock must be accepted within a period of sixty (60) days (or such shorter period as the
Committee may specify at grant) after the grant date, by executing a Restricted Stock agreement and by paying whatever price (if any) the Committee has designated thereunder. 

(c) Legend. Each Participant receiving Restricted Stock shall be issued a stock certificate in respect of such shares of
Restricted Stock, unless the Committee elects to use another system, such as book entries by the transfer agent, as evidencing ownership of shares of Restricted Stock. Such certificate shall be registered in the name of such Participant, and
shall, in addition to such legends required by applicable securities laws, bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Award, substantially in the following form: 

“THE SHARES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON
                    , HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR APPLICABLE STATE SECURITIES
LAWS (“STATE ACTS”) AND MAY NOT BE SOLD, ASSIGNED, PLEDGED OR TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR STATE ACTS OR AN EXEMPTION FROM REGISTRATION THEREUNDER. THE TRANSFER
OF THE SHARES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE CONDITIONS SPECIFIED IN (I) THE STOCKHOLDERS AGREEMENT, DATED AS OF JANUARY 31, 2014, AS AMENDED AND MODIFIED FROM TIME TO TIME, GOVERNING THE ISSUER (THE “COMPANY”) AND BY
AND AMONG CERTAIN STOCKHOLDERS, (II) THE REGISTRATION RIGHTS AGREEMENT, DATED AS OF JANUARY 31, 2014, AS AMENDED AND MODIFIED FROM TIME TO TIME, BY AND AMONG THE ISSUER AND CERTAIN STOCKHOLDERS AND (III) THE J.A. COSMETICS HOLDINGS, INC. 2014 EQUITY
INCENTIVE PLAN. A COPY OF SUCH CONDITIONS SHALL BE FURNISHED BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST AND WITHOUT CHARGE.” 

(d) Custody. If stock certificates are issued in respect of shares of Restricted Stock, the Committee may require that any stock
certificates evidencing such shares be held in custody by the Company until the restrictions thereon shall have lapsed, and that, as a condition of any grant of Restricted Stock, the Participant shall have delivered a duly signed stock power or
other instruments of assignment (including a power of attorney), each endorsed in blank with a guarantee of signature if deemed necessary or appropriate by the Company, which would permit transfer to the Company of all or a portion of the shares
subject to the Restricted Stock Award in the event that such Award is forfeited in whole or part. 

  
 19 

 8.2 Restrictions and Conditions. The shares of Restricted Stock awarded
pursuant to the Plan shall be subject to the following restrictions and conditions: 
 (a) Restriction Period. (i) The Participant
shall not be permitted to Transfer shares of Restricted Stock awarded under the Plan during the period or periods set by the Committee (the “Restriction Period”) commencing on the date of such Award, as set forth in the Restricted
Stock Award Agreement and such agreement shall set forth a vesting schedule and any event that would accelerate vesting of the shares of Restricted Stock. Within these limits, based on service, attainment of Performance Goals pursuant to
Section 8.2(a)(ii) hereof and/or such other factors or criteria as the Committee may determine in its sole discretion, the Committee may condition the grant or provide for the lapse of such restrictions in installments in whole or in
part, or may accelerate the vesting of all or any part of any Restricted Stock Award and/or waive the deferral limitations for all or any part of any Restricted Stock Award. 

(ii) If the grant of shares of Restricted Stock or the lapse of restrictions is based on the attainment of Performance Goals, the Committee
shall establish the Performance Goals and the applicable vesting percentage of the Restricted Stock applicable to each Participant or class of Participants in writing prior to the beginning of the applicable fiscal year or at such later date as
otherwise determined by the Committee and while the outcome of the Performance Goals are substantially uncertain. Such Performance Goals may incorporate provisions for disregarding (or adjusting for) changes in accounting methods, corporate
transactions (including, without limitation, dispositions and acquisitions) and other similar type events or circumstances. 
 (b) Rights
as a Stockholder. To the extent granted by the Committee in its sole discretion, the Participant shall have, with respect to the shares of Restricted Stock, all of the rights of a holder of shares of Common Stock of the Company, including,
without limitation, the right to receive dividends, the right to vote such shares and, subject to and conditioned upon the full vesting of shares of Restricted Stock, the right to tender such shares. If such rights to dividends are grant, the
Committee may, in its sole discretion, determine at the time of grant that the payment of dividends shall be deferred until, and conditioned upon, the expiration of the applicable Restriction Period. 

(c) Termination. Unless otherwise determined by the Committee at the time of grant or, if no rights of the Participant are reduced,
thereafter, or as set forth in the applicable Award Agreement, subject to the applicable provisions of the Award Agreement and the Plan, upon a Participant’s Termination for any reason during the relevant Restriction Period, all Restricted
Stock still subject to restriction will be forfeited in accordance with the terms and conditions established by the Committee at the time of grant or thereafter, or as set forth in the applicable Award Agreement. 

(d) Lapse of Restrictions. If and when the Restriction Period expires without a prior forfeiture of the Restricted Stock, the
certificates for such shares shall be delivered to the Participant, unless the Committee elects to use another system, such as book entries by the transfer agent. All legends shall be removed from said certificates at the time of delivery to
the Participant, except as otherwise required by applicable law or other limitations imposed by the Committee. 

  
 20 

 ARTICLE IX 

OTHER STOCK-BASED AND CASH-BASED AWARDS 

9.1 Other Stock-Based Awards. The Committee is authorized to grant to Eligible Individuals Other Stock-Based Awards that
are payable in, valued in whole or in part by reference to, or otherwise based on or related to shares of Common Stock, including but not limited to, shares of Common Stock awarded purely as a bonus and not subject to restrictions or conditions,
shares of Common Stock in payment of the amounts due under an incentive or performance plan sponsored or maintained by the Company or an Affiliate, stock equivalent units, restricted stock units, and Awards valued by reference to book value of
shares of Common Stock. Other Stock-Based Awards may be granted either alone or in addition to or in tandem with other Awards granted under the Plan. 

Subject to the provisions of the Plan, the Committee shall have authority to determine the Eligible Individuals, to whom, and the time or
times at which, such Awards shall be made, the number of shares of Common Stock to be awarded pursuant to such Awards, and all other conditions of the Awards. The Committee may also provide for the grant of Common Stock under such Awards upon
the completion of a specified Performance Period. 
 The Committee may condition the grant or vesting of Other Stock-Based Awards upon the
attainment of specified Performance Goals as the Committee may determine in its sole discretion. If the grant of an Other Stock-Based Award or the lapse of restrictions is based on the attainment of Performance Goals, the Committee shall
establish the Performance Goals and the applicable vesting percentage for the Other Stock-Based Awards applicable to each Participant or class of Participants in writing prior to the beginning of the applicable fiscal year or at such later date as
otherwise determined by the Committee and while the outcome of the Performance Goals are substantially uncertain. Such Performance Goals may incorporate provisions for disregarding (or adjusting for) changes in accounting methods, corporate
transactions (including, without limitation, dispositions and acquisitions) and other similar type events or circumstances. 
 9.2
Terms and Conditions. Other Stock-Based Awards made pursuant to this Article IX shall be subject to the following terms and conditions: 

(a) Non-Transferability. Subject to the applicable provisions of the Award Agreement and the Plan, shares of Common Stock subject
to Awards made under this Article IX may not be Transferred prior to the date on which the shares are issued, or, if later, the date on which any applicable restriction, performance or deferral period lapses. 

  
 21 

 (b) Dividends. Unless otherwise determined by the Committee at the time of Award,
subject to the provisions of the Award Agreement and the Plan, the recipient of an Award under this Article IX shall not be entitled to receive, currently or on a deferred basis, dividends or dividend equivalents in respect of the number of
shares of Common Stock covered by the Award. 
 (c) Vesting. Any Award under this Article IX and any Common Stock covered
by any such Award shall vest or be forfeited to the extent so provided in the Award Agreement, as determined by the Committee, in its sole discretion. 

(d) Price. Common Stock issued on a bonus basis under this Article IX may be issued for no cash consideration. Common
Stock purchased pursuant to a purchase right awarded under this Article IX shall be priced, as determined by the Committee in its sole discretion. 

9.3 Other Cash-Based Awards. The Committee may from time to time grant Other Cash-Based Awards to Eligible Individuals in such
amounts, on such terms and conditions, and for such consideration, including no consideration or such minimum consideration as may be required by applicable law, as it shall determine in its sole discretion. Other Cash-Based Awards may be granted
subject to the satisfaction of vesting conditions or may be awarded purely as a bonus and not subject to restrictions or conditions, and if subject to vesting conditions, the Committee may accelerate the vesting of such Awards at any time in its
sole discretion. The grant of an Other Cash-Based Award shall not require a segregation of any of the Company’s assets for satisfaction of the Company’s payment obligation thereunder. 

ARTICLE X 
 TERMINATION
OR AMENDMENT OF PLAN 
 10.1 Termination or Amendment. Notwithstanding any other provision of the Plan, the Board may at
any time, and from time to time, amend, in whole or in part, any or all of the provisions of the Plan (including any amendment deemed necessary to ensure that the Company may comply with any regulatory requirement referred to in Article XIII
hereof or Section 409A of the Code), or suspend or terminate it entirely, retroactively or otherwise; provided, however, that, unless otherwise required by law or specifically provided herein, the rights of a Participant with respect to Awards
granted prior to such amendment, suspension or termination, may not be impaired without the consent of such Participant and, provided further, that without the approval of the holders of the Company’s Common Stock entitled to vote in accordance
with applicable law, no amendment may be made that would (i) increase the aggregate number of shares of Common Stock that may be issued under the Plan (except by operation of Section 4.2 hereof) or (ii) require stockholder approval in order
for the Plan to continue to comply with the applicable provisions of Section 422 of the Code to the extent applicable to Incentive Stock Options. The Committee may amend the terms of any Award theretofore granted, prospectively or retroactively,
but, subject to Article IV hereof or as otherwise specifically provided herein, no such amendment or other action by the Committee shall impair the rights of any holder without 

  
 22 

 
the holder’s consent. Notwithstanding anything herein to the contrary, the Board may amend the Plan or any Award Agreement at any time without a Participant’s consent to comply with
applicable law including Section 409A of the Code. 
 ARTICLE XI 

COMPANY CALL RIGHTS; RIGHTS OF FIRST REFUSAL 

11.1 Company Call Rights. 

(a) In the event of a Participant’s Termination for Cause (or a voluntary Termination after the occurrence of an event that would be
grounds for a Termination for Cause), the Company may at any time during the period commencing on the six (6)-month anniversary of such Termination and ending on the two (2)-year anniversary of such Termination repurchase from the Participant any
shares of Common Stock previously acquired by the Participant through the exercise, grant or payment of an Award under the Plan at a repurchase price equal to the lesser of (i) the original purchase price or exercise price, as applicable (as
appropriately adjusted to reflect stock splits, stock dividends, combinations of equity and other recapitalizations affecting the capital stock of the Company), if any, and (ii) Fair Market Value as of the date of the delivery of the notice
described in Section 11.1(c). 
 (b) In the event of a Participant’s Termination for any reason other than as described in
Section 11.1(a), the Company may at any time after six (6) months following the date on which a Participant incurs such Termination or acquires shares of Common Stock pursuant to an Award hereunder following such Termination: (i) repurchase
from the Participant each outstanding vested Stock Option or Stock Appreciation Right based on the difference between the exercise price of a share of Common Stock relating to such Stock Option or Stock Appreciation Right and the Fair Market Value
of a share of Common Stock on the date of repurchase, and (ii) repurchase from the Participant any shares of Common Stock previously acquired by the Participant pursuant to an Award under the Plan at a repurchase price equal to Fair Market Value as
of the date of repurchase. 
 (c) If the Company elects to exercise the rights under this Section 11.1, the Company shall do so by
delivering to the Participant a notice of such election, specifying the number of shares to be purchased and the closing date and time of such purchase. Such closing shall take place within thirty (30) days following such notice at the
Company’s principal executive offices. At such closing, the Company shall pay the Participant the repurchase price as specified in this Section 11.1 in cash, by cancellation of indebtedness of the Participant, with a promissory note
bearing interest at the prime rate, as published by the Wall Street Journal, or any combination of the foregoing. The Company will be entitled to receive customary representations and warranties from the Participant regarding the Common
Stock being repurchased including, but not limited to, the representation that the Participant has good and marketable title to the Common Stock to be repurchased free and clear of all liens, claims and other encumbrances. 

(d) All repurchases shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company’s
and its Subsidiaries’ debt financing agreements. If any such restrictions prohibit the repurchase of Common Stock for cash, the 

  
 23 

 
Company shall have the right to deliver, as payment of the repurchase price, a subordinated note or notes payable in up to five equal annual installments beginning on the first anniversary of the
repurchase closing and bearing an annual interest rate compounded annually equal to the applicable federal rate then in effect (provided that such notes shall accelerate and be payable in full once the Company is permitted to repurchase the Common
Stock or repay such notes under the debt financing agreements or, if earlier, upon a Sale of the Company. Any such notes issued by the Company shall be subject to any restrictive covenants in debt financing agreements to which the Company is
subject at the time of the repurchase closing. If any such restrictions prohibit the repurchase of Common Stock for such subordinated notes, then the time periods provided herein for repurchases shall be suspended, and the Company may make such
repurchases as soon as it is permitted to do so under such restrictions. 
 11.2 Effect of Initial Public
Offering. Notwithstanding the foregoing, the Company shall cease to have rights pursuant to this Article XI following the completion of an Initial Public Offering. 

11.3 Coordination with Stockholders Agreement. The provisions of this Article XI (i) shall be coordinated
with the Stockholders Agreement and any other applicable stockholders agreement to which a Participant is required to become a party as determined by the Committee in its sole discretion consistent with the provisions of Section 13.7 hereof,
and (ii) may be modified, superseded or rendered inapplicable by such stockholders agreement(s) or other agreement or in an individual Award Agreement as determined by the Committee in its sole discretion. 

ARTICLE XII 
 UNFUNDED
STATUS OF PLAN 
 The Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect
to any payment as to which a Participant has a fixed and vested interest but which are not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any right that is greater than those of a general unsecured
creditor of the Company. 
 ARTICLE XIII 

GENERAL PROVISIONS 

13.1 Legend. The Committee may require each person receiving shares of Common Stock pursuant to a Stock Option or other
Award under the Plan to represent to and agree with the Company in writing that the Participant is acquiring the shares without a view to distribution thereof. In addition to any legend required by the Plan, the certificates, if any, for such
shares may include any legend that the Committee deems appropriate to reflect any restrictions on Transfer. All certificates for shares of Common Stock delivered under the Plan shall be subject to such stop transfer orders and other
restrictions as the Committee may deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, any stock exchange upon which the Common Stock is then listed or any national securities exchange system
upon whose system the Common Stock is then quoted, any applicable federal or state securities law, and any applicable corporate law, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to
such restrictions. 

  
 24 

 13.2 Other Plans. Nothing contained in the Plan shall prevent the Board from
adopting other or additional compensation arrangements, subject to stockholder approval if such approval is required, and such arrangements may be either generally applicable or applicable only in specific cases. 

13.3 No Right to Employment/Directorship/Consultancy. Neither the Plan nor the grant of any Option or other Award hereunder
shall give any Participant or other employee, Consultant or Non-Employee Director any right with respect to continuance of employment, consultancy or directorship by the Company or any Affiliate, nor shall there be a limitation in any way on the
right of the Company or any Affiliate by which an employee is employed or a Consultant or Non-Employee Director is retained to terminate such employment, consultancy or directorship at any time. 

13.4 Withholding of Taxes. The Company shall have the right to deduct from any payment to be made pursuant to the Plan, or
to otherwise require, prior to the issuance or delivery of shares of Common Stock or the payment of any cash hereunder, payment by the Participant of, any federal, state or local taxes required by law to be withheld. Upon the vesting of
Restricted Stock (or other Award that is taxable upon vesting), or upon making an election under Section 83(b) of the Code, a Participant shall pay all required withholding to the Company. Any statutorily required withholding obligation with
regard to any Participant may be satisfied, subject to the consent of the Committee, by reducing the number of shares of Common Stock otherwise deliverable or by delivering shares of Common Stock already owned. Any fraction of a share of Common
Stock required to satisfy such tax obligations shall be disregarded and the amount due shall be paid instead in cash by the Participant. 

13.5 No Assignment of Benefits. No Award or other benefit payable under the Plan shall, except as otherwise specifically
provided by law or permitted by the Committee, be Transferable in any manner, and any attempt to Transfer any such benefit shall be void, and any such benefit shall not in any manner be liable for or subject to the debts, contracts, liabilities,
engagements or torts of any person who shall be entitled to such benefit, nor shall it be subject to attachment or legal process for or against such person. 

13.6 Listing and Other Conditions. 

(a) Unless otherwise determined by the Committee, as long as the Common Stock is listed on a national securities exchange or system sponsored
by a national securities association, the issuance of shares of Common Stock pursuant to an Award shall be conditioned upon such shares being listed on such exchange or system. The Company shall have no obligation to issue such shares unless
and until such shares are so listed, and the right to exercise any Option or other Award with respect to such shares shall be suspended until such listing has been effected. 

(b) If at any time counsel to the Company shall be of the opinion that any sale or delivery of shares of Common Stock pursuant to an Option or
other Award is or may in the 

  
 25 

 
circumstances be unlawful or result in the imposition of excise taxes on the Company under the statutes, rules or regulations of any applicable jurisdiction, the Company shall have no obligation
to make such sale or delivery, or to make any application or to effect or to maintain any qualification or registration under the Securities Act or otherwise, with respect to shares of Common Stock or Awards, and the right to exercise any Option or
other Award shall be suspended until, in the opinion of said counsel, such sale or delivery shall be lawful or will not result in the imposition of excise taxes on the Company. 

(c) Upon termination of any period of suspension under this Section 13.6, any Award affected by such suspension which shall not then
have expired or terminated shall be reinstated as to all shares available before such suspension and as to shares which would otherwise have become available during the period of such suspension, but no such suspension shall extend the term of any
Award. 
 (d) A Participant shall be required to supply the Company with certificates, representations and information that the Company
requests and otherwise cooperate with the Company in obtaining any listing, registration, qualification, exemption, consent or approval the Company deems necessary or appropriate. 

13.7 Stockholders Agreement and Other Requirements. Notwithstanding anything herein to the contrary, as a condition to the
receipt of shares of Common Stock pursuant to an Award under the Plan, the Participant shall execute and deliver a joinder to the Stockholders Agreement and the Registration Rights Agreement, and, to the extent required by the Committee in its sole
discretion, such other documentation that shall set forth certain restrictions on transferability of the shares of Common Stock acquired upon exercise or purchase, and such other terms as the Board or Committee shall determine in good
faith. Such Stockholders Agreement, Registration Rights Agreement and other documentation shall apply to the Common Stock acquired under the Plan and covered by such Stockholders Agreement, Registration Rights Agreement and other
documentation. The Company may require, as a condition of exercise, the Participant to become a party to any other existing agreement related to the issuance or holding of shares of Common Stock. 

13.8 Governing Law. The Plan and actions taken in connection herewith shall be governed and construed in accordance with
the laws of the State of Delaware, without giving effect to principles of conflict of laws. 
 13.9 Jurisdiction; Waiver of
Jury Trial. Any suit, action or proceeding with respect to the Plan or any Award Agreement, or any judgment entered by any court of competent jurisdiction in respect thereof, shall be resolved only in the courts of the State of
Delaware or the United States District Court for the District of Delaware and the appellate courts having jurisdiction of appeals in such courts. In that context, and without limiting the generality of the foregoing, the Company
and each Participant shall irrevocably and unconditionally (a) submit to the personal jurisdiction of all state and federal courts sitting in the State of Delaware, including to the jurisdiction of all courts to which an appeal may be taken from
such courts, in any action, suit or proceeding arising out of or relating to the Plan or any Award Agreement, (b) agree that all claims in respect of any such action, suit or proceeding must be brought, heard and determined exclusively in the Court
of Chancery of the State of Delaware (provided that, in the 

  
 26 

 
event subject matter jurisdiction is declined by or unavailable in the Court of Chancery, then such action, suit or proceeding will be heard and determined exclusively in any other state or
federal court sitting in the State of Delaware), (c) agree not to attempt to deny or defeat such personal jurisdiction by motion or other request for leave from such courts, (d) agree not to bring any action, suit or proceeding against any other
Party arising out of or relating to the Plan or any Award Agreement in any other court, (e) waives any defense of inconvenient forum to the maintenance of any action, suit or proceeding so brought, (f) WAIVE ALL RIGHTS TO A TRIAL BY JURY IN RESPECT
OF ANY LITIGATION (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THE PLAN OR ANY AWARD AGREEMENT and (g) agree that service of any process, summons, notice or document in accordance with any Award
Agreement will be effective service of process for any action, suit or proceeding brought against it by the other party in connection with this Section 13.9; provided, however, that nothing contained herein will affect the right to serve
legal process in any other manner permitted by applicable Law.
 13.10 Construction. Wherever any words are used in the
Plan in the masculine gender they shall be construed as though they were also used in the feminine gender in all cases where they would so apply, and wherever words are used herein in the singular form they shall be construed as though they were
also used in the plural form in all cases where they would so apply. 
 13.11 Other Benefits. No Award granted or paid
out under the Plan shall be deemed compensation for purposes of computing benefits under any retirement plan of the Company or its Affiliates nor affect any benefit under any other benefit plan now or subsequently in effect under which the
availability or amount of benefits is related to the level of compensation. 
 13.12 No Right to Same Benefits. The
provisions of Awards need not be the same with respect to each Participant, and such Awards to individual Participants need not be the same in subsequent years. 

13.13 Death/Disability. The Committee may in its sole discretion require the transferee of a Participant to supply it with
written notice of the Participant’s death or Disability and to supply it with a copy of the will (in the case of the Participant’s death) or such other evidence as the Committee deems necessary to establish the validity of the transfer of
an Award. The Committee may also require that the agreement of the transferee to be bound by all of the terms and conditions of the Plan. 

13.14 Section 409A of the Code. The Plan is intended to comply with the applicable requirements of Section 409A of the Code
and shall be limited, construed and interpreted in accordance with such intent. To the extent that any Award is subject to Section 409A of the Code, it shall be paid in a manner that will comply with Section 409A of the Code, including
proposed, temporary or final regulations or any other guidance issued by the Secretary of the Treasury and the Internal Revenue Service with respect thereto. Notwithstanding anything herein to the contrary, any provision in the Plan that is
inconsistent with Section 409A of the Code shall be deemed to be amended to comply with Section 409A of the Code and to the extent such provision cannot be amended to comply therewith, such provision shall be null and void. The Company shall
have no liability to a Participant, or any other party, if an Award that is 

  
 27 

 
intended to be exempt from, or compliant with, Section 409A of the Code is not so exempt or compliant or for any action taken by the Committee or the Company and, in the event that any amount or
benefit under the Plan becomes subject to penalties under Section 409A of the Code, responsibility for payment of such penalties shall rest solely with the affected Participants and not with the Company. Notwithstanding any contrary provision
in the Plan or Award Agreement, any payment of “nonqualified deferred compensation” (within the meaning of Section 409A of the Code) that is otherwise required to be made under the Plan to a “specified employee” (as defined under
Section 409A of the Code) as a result of such employee’s “separation from service” (as defined under Section 409A of the Code) shall be delayed for the first six (6) months following such separation from service (or, if earlier, the
date of death of the specified employee) and shall instead be paid (in the manner set forth in the Award Agreement) upon expiration of such delay period. 

13.15 Successor and Assigns. The Plan shall be binding on all successors and permitted assigns of a Participant, including,
without limitation, the estate of such Participant and the executor, administrator or trustee of such estate. 
 13.16 Severability of
Provisions. If any provision of the Plan shall be held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provisions hereof, and the Plan shall be construed and enforced as if such provisions had
not been included. 
 13.17 Payments to Minors, Etc. Any benefit payable to or for the benefit of a minor, an incompetent
person or other person incapable of receipt thereof shall be deemed paid when paid to such person’s guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the
Committee, the Board, the Company, its Affiliates and their employees, agents and representatives with respect thereto. 
 13.18
Lock-Up Agreements. As a condition to the grant of an Award, if requested by the Company and the lead underwriter of any public offering of the Common Stock (the “Lead Underwriter”), a Participant shall irrevocably
agree not to sell, contract to sell, grant any option to purchase, transfer the economic risk of ownership in, make any short sale of, pledge or otherwise transfer or dispose of, any interest in any Common Stock or any securities convertible into,
derivative of, or exchangeable or exercisable for, or any other rights to purchase or acquire Common Stock (except Common Stock included in such public offering or acquired on the public market after such offering) during such period of time
following the effective date of a registration statement of the Company filed under the Securities Act that the Lead Underwriter shall specify (the “Lock-Up Period”). The Participant shall further agree to sign such documents as may
be requested by the Lead Underwriter to effect the foregoing and agree that the Company may impose stop-transfer instructions with respect to Common Stock acquired pursuant to an Award until the end of such Lock-Up Period. 

13.19 Headings and Captions. The headings and captions herein are provided for reference and convenience only, shall not be
considered part of the Plan, and shall not be employed in the construction of the Plan. 

  
 28 

 ARTICLE XIV 

EFFECTIVE DATE OF PLAN 

The Plan shall become effective on January 31, 2014, which is the date of its adoption by the Board, subject to the approval of the Plan by
the stockholders of the Company in accordance with the requirements of the laws of the State of Delaware. 
 ARTICLE XV 

TERM OF PLAN 
 No Award
shall be granted pursuant to the Plan on or after the tenth (10th) anniversary of the earlier of the date that the Plan is adopted or the date of stockholder approval, but Awards granted prior to such tenth (10th) anniversary may extend beyond that
date.  

  
 29

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}]]