Document:

EX-10.3

 Exhibit 10.3 

EMPLOYEE MATTERS AGREEMENT 
 BY
AND BETWEEN 
 ARMSTRONG WORLD INDUSTRIES, INC. 

AND 
 ARMSTRONG FLOORING, INC.

 DATED AS OF APRIL 1, 2016 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	
	 Article I
	   

	
	 DEFINITIONS
	   

			
	 Section 1.01
	  	 Definitions
	  	 	1	  
	 Section 1.02
	  	 Interpretation
	  	 	7	  
	
	 Article II
	   

	
	 GENERAL PRINCIPLES FOR ALLOCATION OF LIABILITIES
	   

			
	 Section 2.01
	  	 General Principles
	  	 	8	  
	 Section 2.02
	  	 Service Credit
	  	 	9	  
	 Section 2.03
	  	 Benefit Plans
	  	 	10	  
	 Section 2.04
	  	 Individual Agreements
	  	 	11	  
	 Section 2.05
	  	 Collective Bargaining
	  	 	11	  
	 Section 2.06
	  	 Non-U.S. Jurisdictions
	  	 	12	  
	
	 Article III
	   

	
	 ASSIGNMENT OF EMPLOYEES
	   

			
	 Section 3.01
	  	 Active Employees
	  	 	12	  
	 Section 3.02
	  	 Global No-Hire and Non-Solicitation
	  	 	13	  
	
	 Article IV
	   

	
	 EQUITY, INCENTIVE AND EXECUTIVE COMPENSATION
	   

			
	 Section 4.01
	  	 Generally
	  	 	14	  
	 Section 4.02
	  	 Equity Incentive Awards
	  	 	14	  
	 Section 4.03
	  	 Non-Equity Incentive Plans
	  	 	17	  
	 Section 4.04
	  	 Director Compensation
	  	 	18	  
	
	 Article V
	   

	
	 U.S. QUALIFIED RETIREMENT PLANS
	   

			
	 Section 5.01
	  	 AFI U.S. Pension Plan
	  	 	19	  
	 Section 5.02
	  	 AFI U.S. Savings Plan
	  	 	21	  

  
 i 

							
	Article VI	 
	
	 U.S. NONQUALIFIED PLANS
	   

			
	 Section 6.01
	  	 AFI Nonqualified Plans
	  	 	22	  
	 Section 6.02
	  	 Retained Nonqualified Plans
	  	 	23	  
	 Section 6.03
	  	 Participation; Distributions
	  	 	23	  
	
	 Article VII
	   

	
	 WELFARE BENEFIT PLANS
	   

			
	 Section 7.01
	  	 Welfare Plans
	  	 	24	  
	 Section 7.02
	  	 U.S. COBRA and HIPAA
	  	 	25	  
	 Section 7.03
	  	 Vacation, Holidays and Leaves of Absence
	  	 	26	  
	 Section 7.04
	  	 U.S. Severance Plan
	  	 	26	  
	 Section 7.05
	  	 Severance and Unemployment Compensation
	  	 	26	  
	 Section 7.06
	  	 Workers’ Compensation
	  	 	26	  
	 Section 7.07
	  	 Insurance Contracts
	  	 	27	  
	 Section 7.08
	  	 Third-Party Vendors
	  	 	27	  
	 Section 7.09
	  	 AFI Retained Welfare Plans
	  	 	27	  
	
	 Article VIII
	   

	
	 NON-U.S. EMPLOYEES
	   

	
	 Article IX
	   

	
	 MISCELLANEOUS
	   

			
	 Section 9.01
	  	 Employee Records
	  	 	27	  
	 Section 9.02
	  	 Preservation of Rights to Amend
	  	 	28	  
	 Section 9.03
	  	 Fiduciary Matters
	  	 	29	  
	 Section 9.04
	  	 Further Assurances
	  	 	29	  
	 Section 9.05
	  	 Counterparts; Entire Agreement; Corporate Power
	  	 	29	  
	 Section 9.06
	  	 Governing Law
	  	 	30	  
	 Section 9.07
	  	 Assignability
	  	 	30	  
	 Section 9.08
	  	 Third-Party Beneficiaries
	  	 	30	  
	 Section 9.09
	  	 Notices
	  	 	30	  
	 Section 9.10
	  	 Severability
	  	 	31	  
	 Section 9.11
	  	 Force Majeure
	  	 	32	  
	 Section 9.12
	  	 Headings
	  	 	32	  
	 Section 9.13
	  	 Survival of Covenants
	  	 	32	  
	 Section 9.14
	  	 Waivers of Default
	  	 	32	  
	 Section 9.15
	  	 Dispute Resolution
	  	 	32	  
	 Section 9.16
	  	 Specific Performance
	  	 	32	  
	 Section 9.17
	  	 Amendments
	  	 	32	  

  
 ii 

							
	 Section 9.18
	  	 Interpretation
	  	 	32	  
	 Section 9.19
	  	 Limitations of Liability
	  	 	33	  
	 Section 9.20
	  	 Mutual Drafting
	  	 	33	  

  
 iii 

 EMPLOYEE MATTERS AGREEMENT 

This EMPLOYEE MATTERS AGREEMENT, dated as of April 1, 2016 (this “Agreement”), is by and between Armstrong World
Industries, Inc., a Pennsylvania corporation (“AWI”), and Armstrong Flooring, Inc., a Delaware corporation (“AFI”). 

R E C I T A L S: 

WHEREAS, the board of directors of AWI (the “AWI Board”) has determined that it is in the best interests of AWI and its
shareholders to create a new publicly traded company that shall operate the AFI Business; 
 WHEREAS, in furtherance of the foregoing, the
AWI Board has determined that it is appropriate and desirable to separate the AFI Business from the AWI Business (the “Separation”) and, following the Separation, distribute, on a pro rata basis to holders of AWI Shares on the
Record Date, all the outstanding AFI Shares owned by AWI (the “Distribution”); 
 WHEREAS, in order to effectuate the
Separation and Distribution, AWI and AFI have entered into a Separation and Distribution Agreement, dated as of April 1, 2016 (the “Separation and Distribution Agreement”); and 

WHEREAS, in addition to the matters addressed by the Separation and Distribution Agreement, the Parties desire to enter into this Agreement to
set forth the terms and conditions of certain employment, compensation and benefit matters. 
 NOW, THEREFORE, in consideration of the
mutual agreements, provisions and covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as
follows: 
 ARTICLE I

DEFINITIONS 

Section 1.01 Definitions. For purposes of this Agreement, the following terms shall have the meanings set forth below. Capitalized
terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to them in the Separation and Distribution Agreement. 

“Action” shall have the meaning set forth in the Separation and Distribution Agreement. 

“Affiliate” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AFI” shall have the meaning set forth in the preamble to this Agreement. 

“AFI Awards” shall mean AFI Options and AFI Stock Unit Awards, collectively. 

 “AFI Benefit Plan” shall mean any Benefit Plan established, sponsored,
maintained or contributed to by a member of the AFI Group as of or after the Effective Time. 
 “AFI Board” shall mean the
Board of Directors of AFI. 
 “AFI Business” shall have the meaning set forth in the Separation and Distribution Agreement.

 “AFI Designees” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AFI Equity Plan” shall mean the AFI 2016 Equity Incentive Plan. 

“AFI Group” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AFI Group Defined Benefit Plan Participants” shall mean any AFI Group Employee who has accrued a benefit under the AWI
Pension Plan and any Former AFI Group Employee who qualified to retire on or after October 1, 2006 under the retirement provisions of the AWI Pension Plan from a currently operating AFP site (operating as of the Effective Time) and any
alternate payees of this group. This group shall exclude the following individuals: 1) any Former AFI Group Employee who did not qualify to retire on or after October 1, 2006 under the retirement provisions of the AWI Pension Plan from a
currently operating AFP site (operating as of the Effective Time), and 2) any beneficiaries of Former AFI Group Employee who qualified to retire on or after October 1, 2006 under the retirement provisions of the AWI Pension Plan from a
currently operating AFP site (operating as of the Effective Time) who are receiving pension payments from the AWI Pension Plan due to the death of the Former AFI Group Employee. 

“AFI Group Employee” shall mean any individual who is intended to be an employee of the AFI Group as of the Effective Time as
evidenced by written notice provided to such individual or by designation in the HRIS system of record (SAP or otherwise) of AWI in an organization or cost center code of the AFI Group (including any such individual who is not actively working as of
the Effective Time as a result of an illness, injury or leave of absence approved by the AWI Human Resources department or otherwise taken in accordance with applicable Law). 

“AFI HSA” shall have the meaning set forth in Section 7.01(b). 

“AFI Liability” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AFI Nonqualified Deferred Compensation Plan” shall mean the U.S. AFI Nonqualified Deferred Compensation Plan. 

“AFI Nonqualified Defined Benefit Plan” shall mean the U.S. Retirement Benefit Equity Plan of Armstrong Flooring, Inc. 

  
 2 

 “AFI Option” shall mean an option to purchase AFI Shares granted by AFI pursuant
to the AFI Equity Plan in accordance with Section 4.02(a). 
 “AFI Pension Plan” shall mean the U.S. Retirement
Income Plan for Employees of Armstrong Flooring, Inc. 
 “AFI Pension Trust” shall have the meaning set forth in
Section 5.01(a). 
 “AFI Ratio” shall mean a ratio, the numerator of which is the closing price of AWI Shares
trading on the “regular way with due bills attached” basis for the Distribution Date, and the denominator of which is the opening price of AFI Shares trading on the “regular way” basis for the first trading day following the
Distribution Date. 
 “AFI Savings Plan” shall mean the U.S. Armstrong Flooring, Inc. 401(k) Savings Plan. 

“AFI Severance Pay Plan” shall mean the severance pay plan to be established by AFI in accordance with
Section 7.04. 
 “AFI Shares” shall have the meaning set forth in the Separation and Distribution Agreement.

 “AFI Welfare Plans” shall mean the Welfare Plans established, sponsored, maintained or contributed to by any member of
the AFI Group for the benefit of AFI Group Employees and Former AFI Group Employees. 
 “Agreement” shall have the meaning
set forth in the preamble to this Agreement and shall include all Schedules hereto and all amendments, modifications, and changes hereto entered into pursuant to Section 9.17. 

“Ancillary Agreement” shall have the meaning set forth in the Separation and Distribution Agreement. 

“Assets” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AWI” shall have the meaning set forth in the preamble to this Agreement. 

“AWI Awards” shall mean AWI Options and AWI Stock Unit Awards, collectively. 

“AWI Benefit Plan” shall mean any Benefit Plan established, sponsored or maintained by AWI or any of its Subsidiaries
immediately prior to the Effective Time, excluding any AFI Benefit Plan. 
 “AWI Board” shall have the meaning set forth in
the recitals to this Agreement. 
 “AWI Business” shall have the meaning set forth in the Separation and Distribution
Agreement. 
 “AWI Compensation Committee” shall mean the Management Development and Compensation Committee of the AWI
Board. 

  
 3 

 “AWI Equity Plan” shall mean any equity compensation plan sponsored or
maintained by AWI immediately prior to the Effective Time, including the 2011 Long-Term Incentive Plan, the 2008 Directors Stock Unit Plan, as amended, the 2006 Phantom Stock Unit Plan, as amended, and the 2006 Long-Term Incentive Plan, as amended.

 “AWI Group” shall have the meaning set forth in the Separation and Distribution Agreement. 

“AWI Group Defined Benefit Plan Participant” shall mean any Employee or Former Employee who has accrued a benefit under the
AWI Pension Plan excluding all AFI Group Defined Benefit Plan Participants. 
 “AWI Group Employee” shall mean each
individual who is employed by the AWI Group as of the Effective Time and who is not a AFI Group Employee (including any such individual who is not actively working as of the Effective Time as a result of an illness, injury or leave of absence
approved by the AWI Human Resources department or otherwise taken in accordance with applicable Law). 
 “AWI HSA” shall
have the meaning set forth in Section 7.01(b). 
 “AWI Liability” shall have the meaning set forth in the
Separation and Distribution Agreement. 
 “AWI Non-Equity Incentive Plans” shall mean the Management Achievement Plan and
the Salaried Employee Bonus Plan as in effect immediately prior to the Effective Time. 
 “AWI Nonqualified Deferred Compensation
Plan” shall mean the U.S. Armstrong Nonqualified Deferred Compensation Plan. 
 “AWI Nonqualified Defined Benefit
Plan” shall mean the U.S. Retirement Benefit Equity Plan. 
 “AWI Option” shall mean an option to purchase AWI
Shares granted pursuant to an AWI Equity Plan that is outstanding as of immediately prior to the Effective Time. 
 “AWI Pension
Plan” shall mean the U.S. Retirement Income Plan for Employees of Armstrong World Industries, Inc. 
 “AWI Pension
Trust” shall mean the U.S. Retirement Master Trust. 
 “AWI Ratio” shall mean a ratio, the numerator of which is
the closing price of AWI Shares trading on the “regular way with due bills attached” basis for the Distribution Date, and the denominator of which is the opening price of AWI Shares trading on the “regular way” basis for the
first trading day following the Distribution Date. 
 “AWI Savings Plan” shall mean the U.S. Savings and Investment Plan of
Armstrong World Industries, Inc. 

  
 4 

 “AWI Severance Pay Plan” shall mean the U.S. Severance Pay Plan for Salaried
Employees of Armstrong World Industries, Inc. 
 “AWI Shares” shall have the meaning set forth in the Separation and
Distribution Agreement. 
 “AWI Stock Unit Award” shall mean a time-based restricted stock unit award or performance-based
restricted stock unit award granted pursuant to an AWI Equity Plan that is outstanding as of immediately prior to the Effective Time. 

“AWI Welfare Plan” shall mean any Welfare Plan established, sponsored, maintained or contributed to by AWI or any of its
Subsidiaries for the benefit of Employees or Former Employees, including but not limited to each Welfare Plan listed on Schedule 1.01(c) but excluding any AFI Welfare Plan. 

“Benefit Plan” shall mean any contract, agreement, policy, practice, program, plan, trust, commitment or arrangement
providing for benefits, perquisites or compensation of any nature from an employer to any Employee, or to any family member, dependent, or beneficiary of any such Employee, including pension plans, thrift plans, supplemental pension plans and
welfare plans, and contracts, agreements, policies, practices, programs, plans, trusts, commitments and arrangements providing for terms of employment, fringe benefits, severance benefits, change in control protections or benefits, travel and
accident, life, accidental death and dismemberment, disability and accident insurance, tuition reimbursement, travel reimbursement, vacation, sick, personal or bereavement days, leaves of absences and holidays; provided, however, the
term “Benefit Plan” does not include any government-sponsored benefits, such as workers’ compensation, unemployment or any similar plans, programs or policies. 

“COBRA” shall mean the U.S. Consolidated Omnibus Budget Reconciliation Act of 1985, as codified at Section 601
et seq. of ERISA and at Section 4980B of the Code. 
 “Code” shall have the meaning set forth in the
Separation and Distribution Agreement. 
 “Distribution” shall have the meaning set forth in the recitals to this
Agreement. 
 “Distribution Date” shall have the meaning set forth in the Separation and Distribution Agreement. 

“Effective Time” shall mean the Distribution Effective Time as defined in the Separation and Distribution Agreement. 

“Employee” shall mean any AWI Group Employee or AFI Group Employee. 

“ERISA” shall mean the U.S. Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated
thereunder. 
 “FICA” shall have the meaning set forth in Section 3.01(e). 

  
 5 

 “Force Majeure” shall have the meaning set forth in the Separation and
Distribution Agreement. 
 “Former AFI Group Employee” shall mean any individual who is a former employee of AWI or any of
its former Subsidiaries or Subsidiaries as of the Effective Time, in each case, whose most recent employment with AWI was with a member of the AFI Group and who is designated as such in the HRIS system of record (SAP or otherwise) of AWI in an
organization or cost center code of the AFI Group as of the individual’s last date of employment. 
 “Former AWI Group
Employee” shall mean any individual who is a former employee of the AWI Group as of the Effective Time and who is not a Former AFI Group Employee. 

“Former Employees” shall mean Former AWI Group Employees and Former AFI Group Employees. 

“FUTA” shall have the meaning set forth in Section 3.01(e). 

“General Continuation Period” shall mean a period of time commencing as of the Distribution Date and ending on
December 31, 2016. 
 “Governmental Authority” shall have the meaning set forth in the Separation and Distribution
Agreement. 
 “HIPAA” shall mean the U.S. Health Insurance Portability and Accountability Act of 1996, as amended, and the
regulations promulgated thereunder. 
 “Individual Agreement” shall mean any individual (i) employment contract,
(ii) retention, severance or change of control agreement, (iii) expatriate (including any international assignee) contract or agreement (including agreements and obligations regarding repatriation, relocation, equalization of taxes and
living standards in the host country), or (iv) other agreement containing restrictive covenants (including confidentiality, non–competition and non–solicitation provisions) between a member of the AWI Group and a AFI Group Employee,
as in effect immediately prior to the Effective Time. 
 “IRS” shall mean the United States Department of Treasury Internal
Revenue Service. 
 “Law” shall have the meaning set forth in the Separation and Distribution Agreement. 

“Liabilities” shall have the meaning set forth in the Separation and Distribution Agreement. 

“Party” shall mean a party to this Agreement. 

“PBGC” shall mean the Pension Benefit Guaranty Corporation. 

“Person” shall have the meaning set forth in the Separation and Distribution Agreement. 

  
 6 

 “Post-Distribution AWI Awards” shall mean the Post-Distribution AWI Options and
Post-Distribution AWI Stock Unit Awards, collectively. 
 “Post-Distribution AWI Option” shall have the meaning set forth
in Section 4.02(a). 
 “Post-Distribution AWI Stock Unit Award” shall have the meaning set forth in
Section 4.02(b). 
 “Providing Party” shall have the meaning set forth in Section 2.02(b). 

“QDRO” shall mean a qualified domestic relations order within the meaning of Section 206(d) of ERISA and
Section 414(p) of the Code. 
 “Record Date” shall have the meaning set forth in the Separation and Distribution
Agreement. 
 “Requesting Party” shall have the meaning set forth in Section 2.02(b). 

“Securities Act” shall mean the U.S. Securities Act of 1933, as amended, together with the rules and regulations promulgated
thereunder. 
 “Separation” shall have the meaning set forth in the recitals to this Agreement. 

“Separation and Distribution Agreement” shall have the meaning set forth in the recitals to this Agreement. 

“Transferred Account Balances” shall have the meaning set forth in Section 7.01(c). 

“Transferred Director” shall have the meaning set forth in Section 4.04(a). 

“Transition Services Agreement” shall have the meaning set forth in the Separation and Distribution Agreement. 

“U.S.” shall mean the United States of America. 

“Welfare Plan” shall mean any “welfare plan” (as defined in Section 3(1) of ERISA) or a “cafeteria
plan” under Section 125 of the Code, and any benefits offered thereunder, and any other plan offering health benefits (including medical, prescription drug, dental, vision, mental health, substance abuse and retiree health), disability
benefits, or life, accidental death and dismemberment, and business travel insurance, pre-tax premium conversion benefits, dependent care assistance programs, employee assistance programs, paid time-off programs, contribution funding toward a health
savings account, flexible spending accounts or cashable credits. 
 Section 1.02 Interpretation. Section 10.16 of the
Separation and Distribution Agreement is hereby incorporated by reference. 

  
 7 

 ARTICLE II

GENERAL PRINCIPLES FOR ALLOCATION OF LIABILITIES 

Section 2.01 General Principles. 

(a) Acceptance and Assumption of AFI Liabilities. On or prior to the Effective Time, but in any case prior to the Distribution, AFI and the
applicable AFI Designees shall accept, assume and agree to faithfully perform, discharge and fulfill all of the following Liabilities in accordance with their respective terms (each of which shall be considered a AFI Liability), regardless of when
or where such Liabilities arose or arise, or whether the facts on which they are based occurred prior to or subsequent to the Effective Time, regardless of where or against whom such Liabilities are asserted or determined (including any Liabilities
arising out of claims made by AWI’s or AFI’s respective directors, officers, Employees, Former Employees, agents, Subsidiaries or Affiliates against any member of the AWI Group or the AFI Group) or whether asserted or determined prior to
the date hereof, and regardless of whether arising from or alleged to arise from negligence, recklessness, violation of Law, fraud or misrepresentation by any member of the AWI Group or the AFI Group, or any of their respective directors, officers,
Employees, Former Employees, agents, Subsidiaries or Affiliates: 
 (i) except as set forth on Schedule 2.4(b) of the
Separation and Distribution Agreement, any and all wages, salaries, incentive compensation (as the same may be modified by this Agreement), equity compensation (as the same may be modified by this Agreement), commissions, bonuses and any other
employee compensation or benefits payable to or on behalf of any AFI Group Employees and Former AFI Group Employees after the Effective Time, without regard to when such wages, salaries, incentive compensation, equity compensation, commissions,
bonuses or other employee compensation or benefits are or may have been awarded or earned; 
 (ii) any and all Liabilities
whatsoever with respect to claims made by or with respect to any AFI Group Employees or Former AFI Group Employees in connection with any Benefit Plan not retained or assumed by any member of the AWI Group pursuant to this Agreement, the Separation
and Distribution Agreement or any Ancillary Agreement; and 
 (iii) any and all Liabilities expressly assumed or retained by
any member of the AFI Group pursuant to this Agreement. 
 (b) Acceptance and Assumption of AWI Liabilities. On or prior to the Effective
Time, but in any case prior to the Distribution, AWI and certain members of the AWI Group designated by AWI shall accept, assume and agree to faithfully perform, discharge and fulfill all of the following Liabilities held by AFI or any AFI Designee
and AWI and the applicable members of the AWI Group shall be responsible for such Liabilities in accordance with their respective terms (each of which shall be considered an AWI Liability), regardless of when or where such Liabilities arose or
arise, or whether the facts on which they are based occurred prior to or subsequent to the Effective Time, regardless of where or against whom such Liabilities are asserted or determined (including any Liabilities arising out of claims made by

  
 8 

 
AWI’s or AFI’s respective directors, officers, Employees, Former Employees, agents, Subsidiaries or Affiliates against any member of the AWI Group or the AFI Group) or whether asserted
or determined prior to the date hereof, and regardless of whether arising from or alleged to arise from negligence, recklessness, violation of Law, fraud or misrepresentation by any member of the AWI Group or the AFI Group, or any of their
respective directors, officers, Employees, Former Employees, agents, Subsidiaries or Affiliates: 
 (i) any and all wages,
salaries, incentive compensation (as the same may be modified by this Agreement), equity compensation (as the same may be modified by this Agreement), commissions, bonuses and any other employee compensation or benefits payable to or on behalf of
any AWI Group Employees and Former AWI Group Employees after the Effective Time, without regard to when such wages, salaries, incentive compensation, equity compensation, commissions, bonuses or other employee compensation or benefits are or may
have been awarded or earned; 
 (ii) any and all Liabilities whatsoever with respect to claims made by or with respect to
any AWI Group Employees or Former AWI Group Employees in connection with any Benefit Plan not retained or assumed by any member of the AFI Group pursuant to this Agreement, the Separation and Distribution Agreement or any Ancillary Agreement; and

 (iii) any and all Liabilities expressly assumed or retained by any member of the AWI Group pursuant to this Agreement or
Schedule 2.4(b) of the Separation and Distribution Agreement. 
 (c) Unaddressed Liabilities. To the extent that this
Agreement does not address particular Liabilities under any Benefit Plan and the Parties later determine that they should be allocated in connection with the Distribution, the Parties shall agree in good faith on the allocation, taking into account
the handling of comparable Liabilities under this Agreement. 
 Section 2.02 Service Credit. 

(a) Service for Eligibility, Vesting and Benefit Purposes . The AFI Benefit Plans shall, and AFI shall cause each member of the AFI Group to,
recognize each AFI Group Employee’s and each Former AFI Group Employee’s full service with AWI or any of its Subsidiaries or predecessor entities at or before the Effective Time, to the same extent that such service was credited by AWI for
similar purposes prior to the Effective Time as if such full service had been performed for a member of the AFI Group, for purposes of eligibility, vesting and determination of level of benefits under any such AFI Benefit Plan. 

(b) Evidence of Prior Service. Notwithstanding anything in this Agreement to the contrary, but subject to Section 3.02 and
applicable Law, upon reasonable request by either Party (the “Requesting Party”), the other Party (the “Providing Party”) will provide to the Requesting Party copies of any records available to the Providing Party
to document the service, plan participation and membership of former Employees of the Providing Party who are then Employees of the Requesting Party, and will cooperate with the Requesting Party to resolve any discrepancies or obtain any missing
data for purposes of determining benefit eligibility, participation, vesting and calculation of benefits with respect to any such Employee. 

  
 9 

 Section 2.03 Benefit Plans. 

(a) Establishment of Plans. Before the Effective Time, AFI shall, or shall cause an applicable member of the AFI Group to,
adopt Benefit Plans (and related trusts, if applicable), with terms comparable (or such other standard as is specified in this Agreement with respect to any particular Benefit Plan) to those of the corresponding AWI Benefit Plans. The U.S. AWI
Benefit Plans are listed on Schedule 2.03(a). AFI may limit participation in any such AFI Benefit Plan to AFI Group Employees and Former AFI Group Employees who participated in the corresponding AWI Benefit Plan immediately prior to the
Effective Time. AFI shall, or shall cause an applicable member of the AFI Group to, adopt such other Benefit Plans as specified in this Agreement. 

(b) Information and Operation. AWI shall provide AFI with information describing each AWI Benefit Plan election made by a AFI
Group Employee or Former AFI Group Employee that may have application to AFI Benefit Plans from and after the Effective Time, and AFI shall use its commercially reasonable efforts to administer the AFI Benefit Plans using those elections. Each Party
shall, upon reasonable request, provide the other Party and the other Party’s respective Affiliates, agents, and vendors all information reasonably necessary to the other Party’s operation or administration of its Benefit Plans.

 (c) No Diminution of Benefits. Except as provided herein, during the General Continuation Period, AFI shall provide to
each AFI Group Employee and Former AFI Group Employee employee benefits under AFI Benefit Plans that, in the aggregate, are substantially similar to the employee benefits provided to such employees immediately prior to the Effective Time.
Notwithstanding the foregoing, during such period, AFI may make such changes, modifications or amendments to the applicable AFI Benefit Plan as may be required by applicable Law or as are necessary and appropriate to reflect the Separation.

 (d) No Duplication or Acceleration of Benefits. Notwithstanding anything to the contrary in this Agreement, the
Separation and Distribution Agreement or any Ancillary Agreement, no participant in any AFI Benefit Plan shall receive service credit or benefits to the extent that receipt of such service credit or benefits would result in duplication of benefits
provided to such participant by the corresponding AWI Benefit Plan or any other plan, program or arrangement sponsored or maintained by a member of the AWI Group. Furthermore, unless expressly provided for in this Agreement, the Separation and
Distribution Agreement or in any Ancillary Agreement or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting or entitlements under any compensation or Benefit Plan, program or
arrangement sponsored or maintained by a member of the AWI Group or member of the AFI Group on the part of any Employee or Former Employee. 

(e) No Expansion of Participation. Unless otherwise expressly provided in this Agreement, as otherwise determined or agreed to
by AWI and AFI, as required by applicable Law, or as explicitly set forth in a AFI Benefit Plan, a AFI Group Employee or Former AFI Group Employee shall be entitled to participate in the AFI Benefit Plans at the 

  
 10 

 
Effective Time only to the extent that such AFI Group Employee or Former AFI Group Employee was entitled to participate in the corresponding AWI Benefit Plan as in effect immediately prior to the
Effective Time (to the extent that such AFI Group Employee or Former AFI Group Employee does not participate in the respective AFI Benefit Plan immediately prior to the Effective Time), it being understood that this Agreement does not expand
(i) the number of AFI Group Employees or Former AFI Group Employees entitled to participate in any AFI Benefit Plan or (ii) the participation rights of AFI Group Employees or Former AFI Group Employees in any AFI Benefit Plans beyond the
rights of such AFI Group Employees or Former AFI Group Employees under the corresponding AWI Benefit Plans, in each case, after the Effective Time. 

(f) Transition Services. The Parties acknowledge that the AWI Group or the AFI Group may provide administrative services for
certain of the other Party’s compensation and benefit programs for a transitional period under the terms of the Transition Services Agreement. The Parties agree to enter into a business associate agreement (if required by HIPAA or other
applicable health information privacy Laws) in connection with such Transition Services Agreement. 
 (g)
Beneficiaries. References to AWI Group Employees, Former AWI Group Employees, AFI Group Employees, Former AFI Group Employees, and non-employee directors of either AWI or AFI (including Transferred Directors), shall be deemed to refer to
their beneficiaries, dependents, survivors and alternate payees, as applicable. 
 Section 2.04 Individual Agreements.

 (a) Assignment by AWI. To the extent necessary, AWI shall assign, or cause an applicable member of the AWI Group to
assign, to AFI or another member of the AFI Group, as designated by AFI, all Individual Agreements, with such assignment to be effective as of the Effective Time; provided, however, that to the extent that assignment of any such
Individual Agreement is not permitted by the terms of such agreement or by applicable Law, effective as of the Effective Time, each member of the AFI Group shall be considered to be a successor to each member of the AWI Group for purposes of, and a
third-party beneficiary with respect to, such Individual Agreement, such that each member of the AFI Group shall enjoy all of the rights and benefits under such agreement (including rights and benefits as a third-party beneficiary), with respect to
the business operations of the AFI Group; provided, further, that in no event shall AWI be permitted to enforce any Individual Agreement (including any agreement containing non-competition or non-solicitation covenants) against a AFI
Group Employee or Former AFI Group Employee for action taken in such individual’s capacity as a AFI Group Employee or Former AFI Group Employee. 

(b) Assumption by AFI. Effective as of the Effective Time, AFI will assume and honor, or will cause a member of the AFI Group
to assume and honor, any individual agreement to which any AFI Group Employee or Former AFI Group Employee is a party with any member of the AWI Group, including any Individual Agreement. 

Section 2.05 Collective Bargaining. Effective no later than immediately prior to the Effective Time, to the extent necessary, AFI
shall cause the appropriate member of the AFI 

  
 11 

 
Group to (a) assume all collective bargaining agreements (including any national, sector or local collective bargaining agreement) that cover AFI Group Employees or Former AFI Group
Employees, including those bargaining agreements listed on Schedule 2.05, and the Liabilities arising under any such collective bargaining agreements, and (b) join any industrial, employer or similar association or federation if
membership is required for the relevant collective bargaining agreement to continue to apply. 
 Section 2.06 Non-U.S.
Jurisdictions. Except as expressly set forth herein, the provisions of this Agreement shall apply in respect of all jurisdictions wherever situated; provided, however, that to the extent an Ancillary Agreement or an appendix attached hereto or a
separation agreement between the Parties addresses employment, compensation and employee benefit matters, the terms of such Ancillary Agreement, appendix or separation agreement shall govern in respect of matters relating to employees employed in
the applicable jurisdiction. AWI shall have the authority to adjust the treatment described in this Agreement (including any appendix attached hereto) or an Ancillary Agreement with respect to AFI Group Employees who are located outside of the
United States in order to address different plans or benefits not addressed herein or to address applicable plans and benefits in a manner appropriate to the jurisdiction; ensure compliance with the applicable laws or regulations of countries
outside of the United States; or to preserve the tax benefits provided under local tax law or regulation before the Distribution. 

ARTICLE III 

ASSIGNMENT OF EMPLOYEES 

Section 3.01 Active Employees. 

(a) Assignment and Transfer of Employees. Effective no later than immediately prior to the Effective Time and except as
otherwise agreed by the Parties, (i) the applicable member of the AWI Group shall have taken such actions as are necessary to ensure that each AFI Group Employee is employed by a member of the AFI Group as of immediately after the Effective
Time, and (ii) the applicable member of the AWI Group shall have taken such actions as are necessary to ensure that each AWI Group Employee is employed by a member of the AWI Group as of immediately after the Effective Time. Each of the Parties
agrees to execute, and to seek to have the applicable Employees execute, such documentation, if any, as may be necessary to reflect such assignment and/or transfer. 

(b) At-Will Status. Nothing in this Agreement shall create any obligation on the part of any member of the AWI Group or any
member of the AFI Group to (i) continue the employment of any Employee or permit the return from a leave of absence for any period after the date of this Agreement (except as required by applicable Law) or (ii) change the employment status
of any Employee from “at-will,” to the extent that such Employee is an “at-will” employee under applicable Law. 

(c) Severance. The Parties acknowledge and agree that the Distribution and the assignment, transfer or continuation of the employment
of Employees as contemplated by this Section 3.01 shall not be deemed an involuntary termination of employment entitling any AFI Group Employee or AWI Group Employee to severance payments or benefits. 

  
 12 

 (d) Not a Change of Control/Change in Control. The Parties acknowledge and agree
that neither the consummation of the Distribution nor any transaction contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary Agreement shall be deemed a “change of control,” “change in
control,” or term of similar import for purposes of any Benefit Plan sponsored or maintained by any member of the AWI Group or member of the AFI Group. 

(e) U.S. Payroll and Related Taxes. With respect to any AFI Group Employee or group of AFI Group Employees, the Parties shall, or
shall cause their respective Subsidiaries to, (i) treat AFI (or the applicable member of the AFI Group) as a “successor employer” and AWI (or the applicable member of the AWI Group) as a “predecessor,” within the meaning of
Sections 3121(a)(1) and 3306(b)(1) of the Code, for purposes of taxes imposed under the United States Federal Insurance Contributions Act, as amended (“FICA”), or the United States Federal Unemployment Tax Act, as amended
(“FUTA”), (ii) cooperate with each other to avoid, to the extent possible, the restart of FICA and FUTA upon or following the Effective Time with respect to each such AFI Group Employee for the tax year during which the
Effective Time occurs, and (iii) use commercially reasonably efforts to implement the alternate procedure described in Section 5 of Revenue Procedure 2004-53; provided, however, that, to the extent that AFI (or the applicable
member of the AFI Group) cannot be treated as a “successor employer” to AWI (or the applicable member of the AWI Group) within the meaning of Sections 3121(a)(1) and 3306(b)(1) of the Code with respect to any AFI Group Employee or group of
AFI Group Employees, (x) with respect to the portion of the tax year commencing on January 1, 2016 and ending on the Distribution Date, AWI will (A) be responsible for all payroll obligations, tax withholding and reporting obligations
for such AFI Group Employees and (B) furnish a Form W-2 or similar earnings statement to all such AFI Group Employees for such period, and (y) with respect to the remaining portion of such tax year, AFI will (A) be responsible for all
payroll obligations, tax withholding and reporting obligations regarding such AFI Group Employees and (B) furnish a Form W-2 or similar earnings statement to all such AFI Group Employees. 

Section 3.02 Global No-Hire and Non-Solicitation. Each Party agrees that, for a period of eighteen (18) months from the
Distribution Date, such Party shall not hire or solicit for employment, or solicit and enter into in any contractual arrangement for consulting or other professional services, any individual who is an AWI Group Employee, in the case of AFI, or a AFI
Group Employee, in the case of AWI; provided, however, that, without limiting the generality of the foregoing prohibition on solicitation and hiring Employees of the other Party, this Section 3.02 shall not prohibit
(a) generalized solicitations that are not directed to specific Persons or Employees of the other Party, (b) the solicitation and hiring of a Person whose employment was involuntarily terminated by the other Party, or (c) the
solicitation and hiring of a Person after receipt by the soliciting Party (in advance of any solicitation or, in the case of a response to a general solicitation as permitted under clause (a) above, in advance of any subsequent solicitation in
connection with the recruiting process) of the express written consent of the senior Human Resources executive of the Party that employs the Person who is to be solicited and/or hired. Except as provided in clause (b) above with respect to
involuntary terminations, without regard to the use of the term “Employee” or “employs,” the restrictions 

  
 13 

 
under this Section 3.02 shall be applicable to (i) AWI Group Employees whose employment terminates sixty (60) days prior to the Distribution Date or after the Distribution
Date, and (ii) AFI Group Employees whose employment terminates sixty (60) days prior to the Distribution Date or after the Distribution Date, in each case, until the date that is six months after such Employee’s last date of
employment with AWI or AFI, as applicable. For the avoidance of doubt, the restrictions under this Section 3.02 shall not apply to (i) Former Employees whose most recent employment with AWI and its Subsidiaries was involuntarily
terminated prior to the Distribution Date, (ii) those Employees to be included on a list of employees to be agreed to be the Parties who provide payroll transition services to AWI pursuant to the Transition Services Agreement or
(iii) Former Employees whose termination with AWI and its Subsidiaries occurred as a result of voluntary retirement prior to January 1, 2016. 

ARTICLE IV  
 EQUITY,
INCENTIVE AND EXECUTIVE COMPENSATION 
 Section 4.01 Generally. Each AWI Award granted that is outstanding as of
immediately prior to the Effective Time shall be adjusted as described below; provided, however, that, effective immediately prior to the Effective Time, the AWI Compensation Committee may provide for different adjustments with respect
to some or all AWI Awards to the extent that the AWI Compensation Committee deems such adjustments necessary and appropriate. Any adjustments made by the AWI Compensation Committee pursuant to the foregoing sentence shall be deemed incorporated by
reference herein as if fully set forth below and shall be binding on the Parties and their respective Affiliates. Before the Effective Time, the AFI Equity Plan shall be established, with such terms as are necessary to permit the implementation of
the provisions of Section 4.02. 
 Section 4.02 Equity Incentive Awards. 

(a) Stock Options.  

(i) AWI Options. Each AWI Option that is outstanding immediately prior to the Effective Time and that is held by an AWI
Group Employee or a Former AWI Group Employee shall be adjusted immediately following the close of market on the Distribution Date (and shall thereafter be referred to as a “Post-Distribution AWI Option”) as follows: 

(A) The number of AWI Shares subject to each Post-Distribution AWI Option shall be equal to the product (rounded down to the
nearest whole share) of (A) the number of AWI Shares subject to the corresponding AWI Option immediately prior to the Distribution Date and (B) the AWI Ratio. 

(B) The exercise price per share for each Post-Distribution AWI Option shall be equal to (rounded up to the nearest whole
cent) (A) the exercise price of the corresponding AWI Option immediately prior to the Distribution Date divided by (B) the AWI Ratio. 

  
 14 

 (C) Except as set forth in Section 4.02(c), each Post-Distribution
AWI Option shall otherwise be subject to the same terms, vesting conditions, exercise procedures, expiration dates and termination provisions and other terms and conditions as were in effect immediately prior to the Distribution Date for the
corresponding AWI Option. 
 (ii) AFI Options. Each AWI Option that is outstanding immediately prior to the
Effective Time and that is held by a AFI Group Employee or a Former AFI Group Employee shall, effective immediately following the close of market on the Distribution Date, be cancelled and immediately replaced with an option to purchase AFI Shares
(a “AFI Option”) as follows: 
 (A) The number of AFI Shares subject to each AFI Option shall be
equal to the product (rounded down to the nearest whole share) of (A) the number of AWI Shares subject to the corresponding AWI Option immediately prior to the Distribution Date and (B) the AFI Ratio. 

(B) The per share exercise price for each AFI Option shall be equal to (rounded up to the nearest whole cent) (A) the
exercise price of the corresponding AWI Option immediately prior to the Distribution Date divided by (B) the AFI Ratio. 

(C) Except as set forth in Section 4.02(c), each AFI Option shall otherwise be subject to the same terms, vesting
conditions, exercise procedures, expiration dates and termination provisions and other terms and conditions as were in effect immediately prior to the Distribution Date for the corresponding AWI Option. With respect to each AFI Option, AFI shall
give each AFI Group Employee, Former AFI Group Employee and Transferred Director full vesting service credit for such individual’s service with AWI or any of its Subsidiaries prior to the Distribution Date to the same extent such service was
recognized with respect to the corresponding AWI Option immediately prior to the Distribution Date. 
 (b) Time-Based and
Performance-Based Restricted Stock Units. 
 (i) AWI RSUs. Each AWI Stock Unit Award that is outstanding
immediately prior to the Effective Time and that is held by an AWI Group Employee, a Former AWI Group Employee or a member of the AWI Board other than a Transferred Director shall be adjusted immediately following the close of market on the
Distribution Date (and shall thereafter be referred to as a “Post-Distribution AWI Stock Unit Award”) as follows: 

(A) The number of AWI Shares subject to each Post-Distribution AWI Stock Unit Award shall be equal to the product (rounded
down to the nearest whole share) of (A) the number of AWI Shares subject to corresponding AWI Stock Unit Award immediately prior to the Distribution Date and (B) the AWI Ratio; 

  
 15 

 (B) Each Post-Distribution AWI Stock Unit Award shall be subject to the same
terms, vesting conditions, issuance dates and method of distribution and other terms and conditions as were in effect immediately prior to the Distribution Date for the corresponding AWI Stock Unit Award. 

(C) Each outstanding performance-based Post-Distribution AWI Stock Unit Award (the performance period of which commenced
January 1, 2014 and ends December 31, 2016) shall vest and be paid at fifty percent (50%) of target subject to the AWI Group Employee’s continued service through December 31, 2016. 

(ii) AFI RSUs. Each AWI Stock Unit Award that is outstanding immediately prior to the Effective Time and that is held
by a AFI Group Employee, a Former AFI Group Employee or a Transferred Director shall, immediately following the close of market on the Distribution Date, be cancelled and immediately replaced with a time-based restricted stock unit award or
performance-based restricted stock unit award with respect to AFI Shares (a “AFI Stock Unit Award”) as follows: 

(A) The number of AFI Shares subject to each AFI Stock Unit Award shall be equal to the product (rounded down to the nearest
whole share) of (A) the number of AWI Shares subject to the corresponding AWI Stock Unit Award immediately prior to the Distribution Date and (B) the AFI Ratio. 

(B) Each AFI Stock Unit Award shall be subject to the same terms, vesting conditions, issuance dates and method of
distribution and other terms and conditions that were in effect immediately prior to the Distribution Date for the corresponding AWI Stock Unit Award. With respect to each AFI Stock Unit Award, AFI shall give each AFI Group Employee, Former AFI
Group Employee and Transferred Director full vesting service credit for such individual’s service with AWI or any of its Subsidiaries prior to the Distribution Date to the same extent such service was recognized with respect to the
corresponding AWI Stock Unit Award immediately prior to the Distribution Date. 
 (C) Each outstanding performance-based AFI
Stock Unit Award (the performance period of which commenced January 1, 2014 and ends December 31, 2016) shall vest and be paid at fifty percent (50%) of target subject to the AFI Group Employee’s continued service through
December 31, 2016. 
 (c) Miscellaneous Award Terms. All of the foregoing adjustments shall be effected in accordance
with Sections 424 and 409A of the Code. None of the Separation, the Distribution or any employment transfer described in Section 3.01(a) shall constitute a termination of employment for any Employee for purposes of any Post-Distribution
AWI Award or any AFI Award. After the Effective Time, for each award adjusted under this Section 4.02, any reference to a “change in control,” “change of control” or similar definition in an award agreement,
employment agreement or AWI Equity Plan applicable to such award (A)  

  
 16 

 
with respect to Post-Distribution AWI Awards, shall be deemed to refer to a “change in control,” “change of control” or similar definition as set forth in the applicable award
agreement, employment agreement or AWI Equity Plan, and (B) with respect to AFI Awards, shall be deemed to refer to a “Change in Control” as defined in the AFI Equity Plan. 

(d) Equity Plan Restrictive Covenants. Without limiting the generality of Section 2.04(a), effective as of the
Effective Time, to the extent permitted under applicable Law, each member of the AFI Group shall be considered to be a successor to each member of the AWI Group for purposes of, and a third-party beneficiary with respect to, the restrictive
covenants (including non-competition covenants) contained in the AWI Equity Plans and award agreements thereunder (only to the extent that such agreements are not assigned to AFI in accordance with Section 2.04), such that each member of
the AFI Group shall enjoy all of the rights and benefits under such arrangements (including rights and benefits as a third-party beneficiary), with respect to the business operations of the AFI Group; provided, that from and after the
Distribution Date, in no event shall AWI or any member of the AWI Group be permitted to enforce any restrictive covenant (including non-competition covenants) in the AWI Equity Plan or any award agreement thereunder against a AFI Group Employee or
Former AFI Group Employee for action taken in such individual’s capacity as a AFI Group Employee or Former AFI Group Employee. 

(e) Registration and Other Regulatory Requirements. AFI agrees to file applicable registration statements with respect to, and
to cause to be registered pursuant to the Securities Act, the AFI Shares authorized for issuance under the AFI Equity Plan, as required pursuant to the Securities Act, before the date of issuance of any AFI Shares pursuant to the AFI Equity Plan.
The Parties shall take such additional actions as are deemed necessary or advisable to effectuate the foregoing provisions of this Section 4.02(e), including compliance with securities Laws and other legal requirements associated with
equity compensation awards in affected non-U.S. jurisdictions. AWI agrees to facilitate the adoption and approval of the AFI Equity Plan consistent with the requirements of Treasury Regulations Section 1.162-27(f)(4)(iii). 

Section 4.03 Non-Equity Incentive Plans. 

(a) Corporate Bonus Plans. AWI shall establish bonus award opportunities for Employees participating in the AWI Non-Equity
Incentive Plans with a Performance Period commencing as of January 1, 2016 and ending as of December 31, 2016. Such awards shall be paid in 2017 in accordance with normal payroll processes based on the performance of AWI for AWI Group
Employees and AFI for AFI Group Employees, which performance shall be measured against respective budgeted 2016 targets approved by the AWI Compensation Committee in accordance with the terms of the AWI Non-Equity Incentive Plans prior to the
Distribution; provided that the measurement of performance shall be based on the performance of the relevant business unit as part of a combined business prior to the Distribution and on a separate business unit basis for the remainder of the
performance period. The achievement of performance against the targets shall be determined by the compensation committee of the board of directors of each respective business.  

(b) Allocation of Liabilities. The AWI Group shall be solely responsible for funding, paying and discharging all obligations
relating to the 2016 annual  

  
 17 

 
incentive bonus awards under the AWI Non–Equity Incentive Plans or other short-term compensation plan with respect to payments earned before, as of or after the Effective Time by AWI Group
Employees or Former AWI Group Employees, and no member of the AFI Group shall have any obligations with respect thereto. The AFI Group shall be solely responsible for funding, paying and discharging all obligations relating to the 2016 annual
incentive bonus awards under the AWI Non-Equity Incentive Plans or other short-term incentive compensation plan with respect to payments earned before, as of or after the Effective Time by AFI Group Employees or Former AFI Group Employees, and no
member of the AWI Group shall have any obligations with respect thereto. 
 (c) Transfer of Accruals. As soon as practicable
following the Distribution, AWI shall transfer to AFI the AWI Non-Equity Incentive Plan accruals in respect of AFI Group Employees and Former AFI Group Employees for the portion of the 2016 performance period that occurs prior to the
Distribution. 
 Section 4.04 Director Compensation. 

(a) Establishment of AFI Outside Directors’ Compensation Plan. Before the Effective Time, AFI shall, as it deems
appropriate, establish an outside directors’ compensation program for each AFI non-employee director as of the Effective Time who served on the AWI Board immediately prior to the Effective Time but who will no longer serve on the AWI Board
following the Effective Time (a “Transferred Director”). As of the Effective Time, AWI shall cease to have any Liability to any such Transferred Director under the AWI outside directors’ compensation program. 

(b) Other Liabilities. Except as provided in Section 4.04(a), AWI shall retain all other Liabilities and Assets
relating to AWI non-employee director compensation. 
 (c) Director Compensation. AWI shall be responsible for the
payment of any fees for service on the AWI Board that are earned at, before, or after the Effective Time, and AFI shall not have any responsibility for any such payments. With respect to any AFI non-employee director, AFI shall be responsible for
the payment of any fees for service on the AFI Board that are earned at any time after the Effective Time and AWI shall not have any responsibility for any such payments. Notwithstanding the foregoing, AFI shall commence paying quarterly cash
retainers to AFI non-employee directors in respect of the quarter in which the Effective Time occurs; provided that (i) if AWI has already paid such quarter’s cash retainers to AWI non-employee directors prior to the Effective Time,
then within 30 days after the Distribution Date, AFI will pay AWI an amount equal to the portion of such payment that is attributable to Transferred Directors’ service to AFI after the Distribution Date, and (ii) if AWI has not yet paid
such quarter’s cash retainers to AWI non-employee directors prior to the Effective Time, then within 30 days after the Distribution Date, AWI will pay AFI an amount equal to the portion of such payment that is attributable to Transferred
Directors’ service to AWI on and prior to the Distribution Date. AWI Awards held by non-employee directors as of immediately prior to the Effective Time shall be treated as described in Section 4.02. 

  
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 ARTICLE V  

U.S. QUALIFIED RETIREMENT PLANS 

Section 5.01 AFI U.S. Pension Plan. 

(a) Establishment of AFI U.S. Pension Plan. As soon as practicable after the Effective Time and upon receipt by AWI of
(i) a copy of the AFI Pension Plan; (ii) a copy of certified resolutions of the AFI Board (or its authorized committee or other delegate) evidencing adoption of the AFI Pension Plan and any related trust(s) (the “AFI Pension
Trust”) and the assumption by the AFI Pension Plan of the Liabilities described in Section 5.01(b); and (iii) an opinion of counsel, which counsel and opinion are reasonably satisfactory to AWI, with respect to the
qualified status of the AFI Pension Plan under Section 401(a) of the Code and the tax-exempt status of the AFI Pension Trust under Section 501(a) of the Code (the “Pension Transfer Date”), AWI shall direct the trustee of
the AWI Pension Trust to transfer assets of the AWI Pension Plan to the AFI Pension Trust in the amounts described in Section 5.01(b). 

(b) Assumption of Liabilities; ERISA Section 4044 Transfer. 

(i) AWI Pension Plan. As of the Effective Time, AFI shall cause the AFI Pension Plan to assume liabilities under
the AWI Pension Plan with respect to AFI Group Defined Benefit Plan Participants, and shall cause the AFI Pension Trust to accept a transfer of assets from the AWI Pension Trust with respect to such assumed liabilities (including assets and
liabilities in respect of alternate payees under any QDROs pertaining to such AFI Group Defined Benefit Plan Participants). The AWI Pension Trust shall transfer such assets to the AFI Pension Trust and, upon completion of such asset transfer, the
AWI Pension Plan and the AWI Group shall be relieved of such liabilities. 
 (ii) Transfer of Assets. The
amount of assets (whether in cash or kind, as determined by AWI) to be transferred from the AWI Pension Trust to the AFI Pension Trust in respect of the assumption of liabilities by AFI under Section 5.01(b)(i) (the “Pension
Transfer Amount”) shall be determined as of the Distribution Date in accordance with, and shall comply with, Section 414(l) of the Code and, Section 4044 of ERISA. The Pension Transfer Amount shall be determined by the actuary for
the AWI Pension Plan and shall be (a) the amount which would be allocated to the AFI Group Defined Benefit Plan Participants (and their alternate payees and beneficiaries, if any) if the AWI Pension Plan were terminated on the Distribution Date
and assets were allocated to the AFI Group Defined Benefit Plan Participants (and their alternate payees and beneficiaries, if any) in accordance with Section 4044 of ERISA, based on the actuarial assumptions specified under regulations
promulgated by the PBGC under Section 4044 of ERISA and, to the extent not so specified, on reasonable actuarial assumptions, as determined by the actuary of the AWI Pension Plan, plus (b) any investment return with respect to such amount
stated in clause (a) from the Distribution Date through the Pension Transfer Date, minus (c) any investment losses with respect to such amount stated in clause (a) from the Distribution Date through the Pension Transfer Date, minus
(d) the pro rata share of expenses charged to the AWI Pension Trust, including consulting, investment manager, legal and audit fees and costs, associated with such 

  
 19 

 
amount stated in clause (a) for the period between the Distribution Date and the Pension Transfer Date, minus (e) the PBGC premium amount with respect to such amount stated in clause
(a) for the period between the Distribution Date and the Pension Transfer Date, and minus (f) any benefit payments made from the AWI Pension Trust following the Distribution Date and prior to the Pension Transfer Date in respect of AFI
Group Defined Benefit Plan Participants. The entries in the AWI Pension Plan funding standard accounts shall be divided between the AWI Pension Plan and the AFI Pension Plan based on the guidance provided in Revenue Rulings 81-212 and 86-47, to the
extent applicable. 
 (c) AFI Pension Plan Provisions. The AFI Pension Plan shall provide that: 

(i) AFI Group Defined Benefit Plan Participants shall (A) be eligible to participate in the AFI Pension Plan as of the
Effective Time to the extent that they were eligible to participate in the AWI Pension Plan and accruing pension benefits thereunder as of immediately prior to the Effective Time, and (B) receive credit for vesting, eligibility and benefit
service for all service credited for those purposes under the AWI Pension Plan as of the Effective Time as if that service had been rendered to AFI; 

(ii) the compensation paid by the AWI Group to a AFI Group Defined Benefit Plan Participant that is recognized under the AWI
Pension Plan as of immediately prior to the Effective Time shall be credited and recognized for all applicable purposes under the AFI Pension Plan as though it were compensation from the AFI Group; 

(iii) the accrued benefit of each AFI Group Defined Benefit Plan Participants under the AWI Pension Plan as of the Effective
Time shall be payable under the AFI Pension Plan at the time and in a form that would have been permitted under the AWI Pension Plan as in effect as of the Effective Time, with employment by the AWI Group before the Effective Time treated as
employment by the AFI Group under the AFI Pension Plan for purposes of determining eligibility for optional forms of benefit, early retirement benefits, or other benefit forms; 

(iv) the AFI Pension Plan shall assume and honor the terms of all QDROs in effect under the AWI Pension Plan as of immediately
prior to the Effective Time with respect to AFI Group Defined Benefit Plan Participants; and 
 (v) following the
Distribution Date, AFI shall fund the AFI Pension Plan to the extent required by applicable Law. 
 (d) AWI Pension Plan after
Effective Time. From and after the Effective Time, (i) the AWI Pension Plan shall continue to be responsible for liabilities in respect of AWI Group Defined Benefit Plan Participants and (ii) no AFI Group Defined Benefit Plan
Participants shall accrue any benefits under the AWI Pension Plan. Without limiting the generality of the foregoing, AFI Group Defined Benefit Plan Participants shall cease to be participants in the AWI Pension Plan, effective as of the Effective
Time. 

  
 20 

 (e) Plan Fiduciaries. For all periods after the Effective Time, the Parties agree
that the applicable fiduciaries of each of the AWI Pension Plan and the AFI Pension Plan, respectively, shall have the authority with respect to the AWI Pension Plan and the AFI Pension Plan, respectively, to determine the plan investments and such
other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents. 
 (f)
No Loss of Unvested Benefits; No Distributions. The transfer of any AFI Group Defined Benefit Plan Participant’s employment to the AFI Group will not result in the loss of that AFI Group Defined Benefit Plan Participant’s unvested
accrued benefits (if any) under the AWI Pension Plan, which benefit liability shall be assumed under the AFI Pension Plan as provided herein. No AFI Group Defined Benefit Plan Participant shall be entitled to a distribution of his or her benefit
under the AWI Pension Plan or the AFI Pension Plan as a result of such transfer of employment.  
 Section 5.02 AFI U.S.
Savings Plan. 
 (a) Establishment of Plan. Before the Effective Time, AFI shall provide AWI with (i) a copy of the
AFI Savings Plan; (ii) a copy of certified resolutions of the AFI Board (or its authorized committee or other delegate) evidencing adoption of the AFI Savings Plan and the related trust(s) and the assumption by the AFI Savings Plan of the
liabilities described in Section 5.02(b); and (iii) an opinion of counsel, which counsel and opinion are reasonably satisfactory to AWI, with respect to the qualified status of the AFI Savings Plan under Section 401(a) of the
Code and the tax-exempt status of its related trust under Section 501(a) of the Code. 
 (b) Transfer of Account
Balances. Not later than 30 days following the Distribution Date (or such later time as mutually agreed by the Parties), AWI shall cause the trustee of the AWI Savings Plan to transfer from the trust(s) which forms a part of the AWI Savings Plan
to the trust(s) which forms a part of the AFI Savings Plan the account balances of the AFI Group Employees and Former AFI Group Employees under the AWI Savings Plan, determined as of the date of the transfer. Such transfers shall be made in kind,
including promissory notes evidencing the transfer of outstanding loans. Any asset and liability transfers pursuant to this Section 5.02(b) shall comply in all respects with Sections 414(l) and 411(d)(6) of the Code. 

(c) AFI Savings Plan Provisions. The AFI Savings Plan shall provide that: 

(i) AFI Group Employees and Former AFI Group Employees shall (A) be eligible to participate in the AFI Savings Plan as of
the Effective Time to the extent that they were eligible to participate in the AWI Savings Plan as of immediately prior to the Effective Time, and (B) receive credit for purposes of eligibility and vesting for all service credited for those
purposes under the AWI Savings Plan as of immediately prior to the Distribution Date as if that service had been rendered to AFI; and 

(ii) the account balance of each AFI Group Employee and Former AFI Group Employee under the AWI Savings Plan as of the date of
the transfer of assets from the AWI Savings Plan (including any outstanding promissory notes) shall be credited to such individual’s account balance under the AFI Savings Plan. 

  
 21 

 (d) AWI Savings Plan after Effective Time. From and after the Effective Time,
(i) the AWI Savings Plan shall continue to be responsible for liabilities in respect of AWI Group Employees and Former AWI Group Employees, and (ii) no AFI Group Employees or Former AFI Group Employees shall accrue any benefits under the
AWI Savings Plan. Without limiting the generality of the foregoing, AFI Group Employees and Former AFI Group Employees shall cease to be participants in the AWI Savings Plan effective as of the Effective Time. 

(e) Plan Fiduciaries. For all periods after the Effective Time, the Parties agree that the applicable fiduciaries of each of
the AWI Savings Plan and the AFI Savings Plan, respectively, shall have the authority with respect to the AWI Savings Plan and the AFI Savings Plan, respectively, to determine the investment alternatives, the terms and conditions with respect to
those investment alternatives and such other matters as are within the scope of their duties under ERISA and the terms of the applicable plan documents. 

(f) No Loss of Unvested Benefits; No Distributions. The transfer of any AFI Group Employee’s employment to the AFI Group
will not result in loss of that AFI Group Employee’s unvested benefits (if any) under the AWI Savings Plan, which benefit liability will be assumed under the AFI Savings Plan as provided herein. No AFI Group Employee shall be entitled to a
distribution of his or her benefit under the AWI Savings Plan or AFI Savings Plan as a result of such transfer of employment. 

ARTICLE VI  
 U.S.
NONQUALIFIED PLANS 
 Section 6.01 AFI Nonqualified Plans. 

(a) Transfer of Nonqualified Deferred Compensation Plan Liabilities from AWI. As of the Effective Time, AFI shall, and shall
cause the AFI Nonqualified Deferred Compensation Plan to, assume all Liabilities under the AWI Nonqualified Deferred Compensation Plan for the benefit of AFI Group Employees and Former AFI Group Employees and their respective beneficiaries and/or
alternate payees, and the AWI Group and the AWI Nonqualified Deferred Compensation Plan shall be relieved of all Liabilities for those benefits. AWI shall retain all Liabilities under the AWI Nonqualified Deferred Compensation Plan for the benefits
for AWI Group Employees and Former AWI Group Employees and their respective beneficiaries and/or alternate payees. From and after the Effective Time, AFI Group Employees and Former AFI Group Employees shall cease to be participants in the AWI
Nonqualified Deferred Compensation Plan. 
 (b) Transfer of Nonqualified Defined Benefit Plan Liabilities from AWI

 (i) As of the Effective Time, AFI shall, and shall cause the AFI Nonqualified Defined Benefit Plan to, assume a
portion of Liabilities under the AWI 

  
 22 

 
Nonqualified Defined Benefit Plan for the benefit of AFI Group Defined Benefit Plan Participants then participating in the AWI Nonqualified Defined Benefit Plan and their respective beneficiaries
and/or alternate payees, and the AWI Group and the AWI Nonqualified Defined Benefit Plan shall be relieved of all Liabilities for those benefits. AWI shall retain all Liabilities under the AWI Nonqualified Defined Benefit Plan for the benefit of AWI
Group Defined Benefit Plan Participants and Former AWI Group Employees and their respective beneficiaries and/or alternate payees. From and after the Effective Time, AFI Group Defined Benefit Plan Participants shall cease to be participants in the
AWI Nonqualified Defined Benefit Plan. 
 (ii) The AFI Nonqualified Defined Benefit Plan shall provide that: 

(A) AFI Group Defined Benefit Plan Participants shall (A) be eligible to participate in the AFI Nonqualified Defined
Benefit Plan as of the Effective Time to the extent that they were eligible to participate in the AWI Nonqualified Defined Benefit Plan as of immediately prior to the Effective Time, and (B) receive credit for vesting, eligibility and benefit
service for all service credited for those purposes under the AWI Nonqualified Defined Benefit Plan as of the Effective Time as if that service had been rendered to AFI; 

(B) the compensation paid by the AWI Group to a AFI Group Defined Benefit Plan Participant that is recognized under the AWI
Nonqualified Defined Benefit Plan as of immediately prior to the Effective Time shall be credited and recognized for all applicable purposes under the AFI Nonqualified Defined Benefit Plan as though it were compensation from the AFI Group; and 

(C) the accrued benefit of each AFI Group Defined Benefit Plan Participant under the AWI Nonqualified Defined Benefit Plan as
of the Effective Time shall be payable under the AFI Nonqualified Defined Benefit Plan at the time and in a form that would have been permitted under the AWI Nonqualified Defined Benefit Plan as in effect as of the Effective Time, with employment by
the AWI Group before the Effective Time treated as employment by the AFI Group under the AFI Nonqualified Defined Benefit Plan for purposes of determining eligibility for optional forms of benefit, early retirement benefits, or other benefit forms.

 Section 6.02 Retained Nonqualified Plans. The Parties acknowledge that AWI will retain the Deferred Compensation Plan for
Marketing Representatives of Thomasville Furniture Industries, Inc., the Armstrong Deferred Compensation Plan and the Directors Retirement Income Plan of AWI, Inc. (collectively, the “Retained Nonqualified Plans”), and AFI will not
assume any liabilities in respect of the Retained Nonqualified Plans. 
 Section 6.03 Participation; Distributions. The Parties
acknowledge that none of the transactions contemplated by this Agreement, the Separation and Distribution Agreement or any Ancillary Agreement will trigger a payment or distribution of compensation under any of the

  
 23 

 
AWI Nonqualified Deferred Compensation Plan, AWI Nonqualified Defined Benefit Plan, Retained Nonqualified Plans, AFI Nonqualified Deferred Compensation Plan or AFI Nonqualified Defined Benefit
Plan for any participant and, consequently, that the payment or distribution of any compensation to which such participant is entitled under any of the AWI Nonqualified Deferred Compensation Plan, AWI Nonqualified Defined Benefit Plan, Retained
Nonqualified Plans, AFI Nonqualified Deferred Compensation Plan or AFI Nonqualified Defined Benefit Plan will occur upon such participant’s separation from service from the AWI Group or AFI Group or at such other time as provided in the
applicable plan or participant’s deferral election. 
 ARTICLE VII 

WELFARE BENEFIT PLANS 

Section 7.01 Welfare Plans. 

(a) Waiver of Conditions; Benefit Maximums. AFI shall use commercially reasonable efforts to cause the AFI Welfare Plans to:

 (i) with respect to initial enrollment as of the Effective Time, waive (A) all limitations as to preexisting
conditions, exclusions, and service conditions with respect to participation and coverage requirements applicable to any AFI Group Employee or Former AFI Group Employee, other than limitations that were in effect with respect to the AFI Group
Employee or Former AFI Group Employee under the applicable AWI Welfare Plan as of immediately prior to the Effective Time, and (B) any waiting period limitation or evidence of insurability requirement applicable to a AFI Group Employee or
Former AFI Group Employee other than limitations or requirements that were in effect with respect to such AFI Group Employee or Former AFI Group Employee under the applicable AWI Welfare Plans as of immediately prior to the Effective Time; and 

(ii) take into account (A) with respect to aggregate annual, lifetime, or similar maximum benefits available under the
AFI Welfare Plans, a AFI Group Employee’s or Former AFI Group Employee’s prior claim experience under the AWI Welfare Plans and any Benefit Plan that provides leave benefits; and (B) any eligible expenses incurred by a AFI Group
Employee or Former AFI Group Employee and his or her covered dependents during the portion of the plan year of the applicable AWI Welfare Plan ending as of the Effective Time to be taken into account under such AFI Welfare Plan for purposes of
satisfying all deductible, coinsurance, and maximum out-of-pocket requirements applicable to such AFI Group Employee or Former AFI Group Employee and his or her covered dependents for the applicable plan year to the same extent as such expenses were
taken into account by AWI for similar purposes prior to the Effective Time as if such amounts had been paid in accordance with such AFI Welfare Plan. 

(b) U.S. Health Savings Accounts. Before the Effective Time, AFI shall, or shall cause a member of the AFI Group to, establish
a AFI Welfare Plan that will  

  
 24 

 
provide health savings account benefits to AFI Group Employees on and after the Effective Time (a “AFI HSA”). It is the intention of the Parties that all activity under a AFI
Group Employee’s health savings account under an AWI Welfare Plan (a “AWI HSA”) for the year in which the Effective Time occurs be treated instead as activity under the corresponding account under the AFI HSA, such that
(i) any period of participation by a AFI Group Employee in an AWI HSA during the year in which the Effective Time occurs will be deemed a period when such AFI Group Employee participated in the corresponding AFI HSA; (ii) all expenses
incurred during such period will be deemed incurred while such AFI Group Employee’s coverage was in effect under the corresponding AFI HSA; and (iii) all elections and reimbursements made with respect to such period under the AWI HSA will
be deemed to have been made with respect to the corresponding AFI HSA. 
 (c) U.S. Flexible Spending Accounts. The Parties
shall use commercially reasonable efforts to ensure that as of the Effective Time any health or dependent care flexible spending accounts of AFI Group Employees (whether positive or negative) (the “Transferred Account Balances”)
under AWI Welfare Plans that are health or dependent care flexible spending account plans are transferred, as soon as practicable after the Effective Time, from the AWI Welfare Plans to the corresponding AFI Welfare Plans. Such AFI Welfare Plans
shall assume responsibility as of the Effective Time for all outstanding health or dependent care claims under the corresponding AWI Welfare Plans of each AFI Group Employee for the year in which the Effective Time occurs and shall assume and agree
to perform the obligations of the corresponding AWI Welfare Plans from and after the Effective Time. As soon as practicable after the Effective Time, and in any event within 30 days after the amount of the Transferred Account Balances is determined
or such later date as mutually agreed upon by the Parties, AFI shall pay AWI the net aggregate amount of the Transferred Account Balances, if such amount is positive, and AWI shall pay AFI the net aggregate amount of the Transferred Account
Balances, if such amount is negative. 
 (d) Allocation of Welfare Assets and Liabilities. Effective as of the
Effective Time, the AFI Group shall assume all Liabilities relating to, arising out of or resulting from health and welfare coverage or claims incurred by or on behalf of AFI Group Employees or Former AFI Group Employees or their covered dependents
under the AWI Welfare Plans or AFI Welfare Plans before, at, or after the Effective Time. No AWI Welfare Plan shall provide coverage to any AFI Group Employee or Former AFI Group Employee after the Effective Time. 

(e) Retiree Medical. Former AFI Group Employees and AFI Group Employees who are eligible for retiree medical and/or retiree
life insurance under an AWI Welfare Plan immediately before the Effective Time, shall continue to be eligible for retiree medical and/or retiree life insurance through an AFI Welfare Plan immediately after the Effective Time. Former AWI Group
Employees and AWI Group Employees who are eligible for retiree medical and/or retiree life insurance under an AWI Welfare Plan immediately before the Effective Time, shall continue to be eligible for retiree medical and/or retiree life insurance
through an AWI Welfare Plan immediately after the Effective Time. 
 Section 7.02 U.S. COBRA and HIPAA. The AWI Group
shall continue to be responsible for complying with, and providing coverage pursuant to, the health care continuation requirements of COBRA, the certificate of creditable coverage requirements of HIPAA, and the

  
 25 

 
corresponding provisions of the AWI Welfare Plans with respect to any AWI Group Employees and any Former AWI Group Employees (and their covered dependents) who incur a qualifying event under
COBRA before, as of, or after the Effective Time. Effective as of the Effective Time, the AFI Group shall assume responsibility for complying with, and providing coverage pursuant to, the health care continuation requirements of COBRA, the
certificate of creditable coverage requirements of HIPAA, and the corresponding provisions of the AFI Welfare Plans with respect to any AFI Group Employees or Former AFI Group Employees (and their covered dependents) who incur a qualifying event or
loss of coverage under the AWI Welfare Plans and/or the AFI Welfare Plans before, as of, or after the Effective Time. The Parties agree that the consummation of the transactions contemplated by the Separation and Distribution Agreement shall not
constitute a COBRA qualifying event for any purpose of COBRA. 
 Section 7.03 Vacation, Holidays and Leaves of Absence.
Effective as of the Effective Time, the AFI Group shall assume all Liabilities of the AWI Group with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each AFI Group Employee. The AWI
Group shall retain all Liabilities with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each AWI Group Employee. 

Section 7.04 U.S. Severance Plan. Before the Effective Time, AFI shall, or shall cause another member of the AFI Group to,
establish the AFI Severance Pay Plan, which, for one year immediately following the Effective Time, shall have substantially the same terms as of immediately prior to the Effective Time as the AWI Severance Pay Plan. Notwithstanding the foregoing,
during such period, AFI may make such changes, modifications or amendments to the AFI Severance Pay Plan as may be required by applicable Law or as are necessary and appropriate to reflect the Separation, it being understood that any such changes,
modifications or amendments shall not result in benefits that are less favorable than those provided under the AWI Severance Pay Plan to the AFI Group Employees who were participants in the AWI Severance Pay Plan immediately prior to the Effective
Time. During the one year immediately following the Effective Time, the AFI Group Employees who participated in the AWI Severance Pay Plan immediately prior to the Effective Time shall be eligible to participate in the AFI Severance Pay Plan as of
the Effective Time at the same level and to the same extent as they had participated in the AWI Severance Pay Plan as of immediately prior to the Effective Time. 

Section 7.05 Severance and Unemployment Compensation. Without limiting the generality of Section 7.04, effective as of
the Effective Time, the AFI Group shall assume any and all Liabilities to, or relating to, AFI Group Employees and Former AFI Group Employees in respect of severance and unemployment compensation, regardless of whether the event giving rise to the
Liability occurred before, at or after the Effective Time. The AWI Group shall be responsible for any and all Liabilities to, or relating to, AWI Group Employees and Former AWI Group Employees in respect of severance and unemployment compensation,
regardless of whether the event giving rise to the Liability occurred before, at or after the Effective Time. 
 Section 7.06
Workers’ Compensation. With respect to claims for workers’ compensation, (a) the AFI Group shall be responsible for claims in respect of AFI Group Employees and Former AFI Group Employees, whether occurring before, at or after
the Effective Time, and (b) the AWI Group shall be responsible for all claims in respect of AWI 

  
 26 

 
Group Employees and Former AWI Group Employees, whether occurring before, at or after the Effective Time. The treatment of workers’ compensation claims by AFI with respect to AWI insurance
policies shall be governed by Section 5.1 of the Separation and Distribution Agreement. 
 Section 7.07 Insurance
Contracts. To the extent that any AWI Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties will cooperate and use their commercially reasonable efforts to replicate such
insurance contracts for AFI (except to the extent that changes are required under applicable state insurance Laws or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both AWI and AFI for a
reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or
administrative fees that such Party may incur pursuant to this Section 7.07. 
 Section 7.08 Third-Party Vendors. To
the extent that any AWI Welfare Plan is administered by a third-party vendor, the Parties will cooperate and use their commercially reasonable efforts to replicate any contract with such third-party vendor for AFI and to maintain any pricing
discounts or other preferential terms for both AWI and AFI for a reasonable term. Neither Party shall be liable for failure to obtain such pricing discounts or other preferential terms for the other Party. Each Party shall be responsible for any
additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.08. 

Section 7.09 AFI Retained Welfare Plans. As of the Effective Time, the AFI Group shall retain sponsorship of the Welfare Plans
listed on Schedule 7.09 (the “AFI Retained Welfare Plans”), and, from and after the Effective Time, all Liabilities thereunder shall be Liabilities of the AFI Group. 

ARTICLE VIII  

NON-U.S. EMPLOYEES 

Notwithstanding anything in this Agreement to the contrary, all actions taken with respect to non-U.S. Employees or U.S. Employees working in
non-U.S. jurisdictions shall be subject to and accomplished in accordance with applicable Law in the custom of the applicable jurisdictions. 

ARTICLE IX 

MISCELLANEOUS 

Section 9.01 Employee Records. 

(a) Sharing of Information. Subject to any limitations imposed by applicable Law, AWI and AFI (acting directly or through
members of the AWI Group or the AFI Group, respectively) shall provide to the other and their respective authorized agents and vendors all information necessary for the Parties to perform their respective duties under this Agreement. 

  
 27 

 (b) Transfer of Personnel Records and Authorization. Subject to any limitation
imposed by applicable Law and to the extent that it has not done so before the Effective Time, AWI shall transfer to AFI any and all employment records (including any Form I-9, Form W-2 or other IRS forms) with respect to AFI Group Employees and
Former AFI Group Employees and other records reasonably required by AFI to enable AFI properly to carry out its obligations under this Agreement. Such transfer of records generally shall occur as soon as administratively practicable at or after the
Effective Time. Each Party will permit the other Party reasonable access to Employee records, to the extent reasonably necessary for such accessing Party to carry out its obligations hereunder. 

(c) Access to Records. To the extent not inconsistent with this Agreement, the Separation and Distribution Agreement or any
applicable privacy protection Laws or regulations, reasonable access to Employee-related records after the Effective Time will be provided to members of the AWI Group and members of the AFI Group pursuant to the terms and conditions of Article VI of
the Separation and Distribution Agreement. 
 (d) Maintenance of Records. With respect to retaining, destroying,
transferring, sharing, copying and permitting access to all Employee-related information, AWI and AFI shall comply with all applicable Laws, regulations and internal policies, and shall indemnify and hold harmless each other from and against any and
all Liability, claims, actions, and damages that arise from a failure (by the indemnifying Party or its Subsidiaries or their respective agents) to so comply with all applicable Laws, regulations and internal policies applicable to such
information. 
 (e) Cooperation. Each Party shall use commercially reasonable efforts to cooperate and work together
to unify, consolidate and share (to the extent permissible under applicable privacy/data protection laws) all relevant documents, resolutions, government filings, data, payroll, employment and benefit plan information on regular timetables and
cooperate as needed with respect to (i) any litigation with respect to any employee benefit plan, policy or arrangement contemplated by this Agreement, (ii) efforts to seek a determination letter, private letter ruling or advisory opinion
from the IRS or U.S. Department of Labor on behalf of any employee benefit plan, policy or arrangement contemplated by this Agreement, and (iii) any filings that are required to be made or supplemented to the IRS, U.S. Pension Benefit Guaranty
Corporation, U.S. Department of Labor or any other Governmental Authority; provided, however, that requests for cooperation must be reasonable and not interfere with daily business operations. 

(f) Confidentiality. Notwithstanding anything in this Agreement to the contrary, all confidential records and data relating to
Employees to be shared or transferred pursuant to this Agreement shall be subject to Section 6.9 of the Separation and Distribution Agreement and the requirements of applicable Law. 

Section 9.02 Preservation of Rights to Amend. The rights of each member of the AWI Group and each member of the AFI Group to
amend, waive, or terminate any plan, arrangement, agreement, program, or policy referred to herein shall not be limited in any way by this Agreement. 

  
 28 

 Section 9.03 Fiduciary Matters. AWI and AFI each acknowledges that actions required
to be taken pursuant to this Agreement may be subject to fiduciary duties or standards of conduct under ERISA or other applicable Law, and no Party shall be deemed to be in violation of this Agreement if it fails to comply with any provisions hereof
based upon its good-faith determination (as supported by advice from counsel experienced in such matters) that to do so would violate such a fiduciary duty or standard. Each Party shall be responsible for taking such actions as are deemed necessary
and appropriate to comply with its own fiduciary responsibilities and shall fully release and indemnify the other Party for any Liabilities caused by the failure to satisfy any such responsibility. 

Section 9.04 Further Assurances. Each Party hereto shall take, or cause to be taken, any and all reasonable actions, including the
execution, acknowledgment, filing and delivery of any and all documents and instruments that any other Party hereto may reasonably request in order to effect the intent and purpose of this Agreement and the transactions contemplated hereby. 

Section 9.05 Counterparts; Entire Agreement; Corporate Power. 

(a) This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall become
effective when one or more counterparts have been signed by each of the Parties and delivered to the other Party. 
 (b) This Agreement and
the Exhibits, Schedules and appendices hereto contain the entire agreement between the Parties with respect to the subject matter hereof, supersede all previous agreements, negotiations, discussions, writings, understandings, commitments and
conversations with respect to such subject matter, and there are no agreements or understandings between the Parties other than those set forth or referred to herein or therein. 

(c) AWI represents on behalf of itself and, to the extent applicable, each of its Subsidiaries, and AFI represents on behalf of itself and,
to the extent applicable, each of its Subsidiaries, as follows: 
 (i) each such Person has the requisite corporate or other
power and authority and has taken all corporate or other action necessary in order to execute, deliver and perform this Agreement and to consummate the transactions contemplated hereby; and 

(ii) this Agreement has been duly executed and delivered by it and constitutes a valid and binding agreement of it enforceable
in accordance with the terms hereof. 
 (d) Each Party acknowledges that it and each other Party is executing this Agreement by facsimile,
stamp or mechanical signature, and that delivery of an executed counterpart of a signature page to this Agreement (whether executed by manual, stamp or mechanical signature) by facsimile or by email in portable document format (PDF) shall be
effective as delivery of such executed counterpart of this Agreement. Each Party expressly adopts and confirms each such facsimile, stamp or mechanical signature (regardless of whether delivered in person, by mail, by courier, by facsimile or by
email in portable document format 

  
 29 

 
(PDF)) made in its respective name as if it were a manual signature delivered in person, agrees that it will not assert that any such signature or delivery is not adequate to bind such Party to
the same extent as if it were signed manually and delivered in person and agrees that, at the reasonable request of the other Party at any time, it will as promptly as reasonably practicable cause this Agreement to be manually executed (any such
execution to be as of the date of the initial date thereof) and delivered in person, by mail or by courier. 
 Section 9.06
Governing Law. This Agreement (and any claims or disputes arising out of or related hereto or to the transactions contemplated hereby or to the inducement of any Party to enter herein, whether for breach of contract, tortious conduct or
otherwise and whether predicated on common law, statute or otherwise) shall be governed by and construed and interpreted in accordance with the Laws of the State of Delaware, irrespective of the choice of Laws principles of the State of Delaware,
including all matters of validity, construction, effect, enforceability, performance and remedies. 
 Section 9.07
Assignability. The assignability provisions set forth in Section 10.3 of the Separation and Distribution Agreement shall apply to this Agreement. 

Section 9.08 Third-Party Beneficiaries. The provisions of this Agreement are solely for the benefit of the Parties and are not
intended to confer upon any other Person except the Parties any rights or remedies hereunder. There are no other third-party beneficiaries of this Agreement and this Agreement shall not provide any third party with any remedy, claim, Liability,
reimbursement, claim of action or other right in excess of those existing without reference to this Agreement. Nothing in this Agreement is intended to amend any employee benefit plan or affect AWI’s, AFI’s or the applicable plan
sponsor’s right to amend or terminate any employee benefit plan pursuant to the terms of such plan. The provisions of this Agreement are solely for the benefit of the Parties, and no current or former Employee, officer, director, or independent
contractor or any other individual associated therewith shall be regarded for any purpose as a third-party beneficiary of this Agreement. 

Section 9.09 Notices. All notices, requests, claims, demands or other communications under this Agreement shall be in writing and
shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by electronic mail (for which a confirmation email is obtained), or sent by overnight courier (providing proof of delivery) to the
respective Parties at the following addresses (or at such other address for a Party as shall be specified in a notice given in accordance with this Section 9.09): 

If to AWI (prior to the Distribution Effective Time), to: 

Armstrong World Industries, Inc. 

P.O. Box 3001 
 Lancaster PA
17604 
 Email: MAHershey@armstrongceilings.com 

Attention: General Counsel 
 and

 with a copy to: 
 Skadden,
Arps, Slate, Meagher & Flom LLP 
 Four Times Square 

New York, New York 10036 

Email: Peter.Atkins@skadden.com 

   Eric.Cochran@skadden.com 

Attention: Peter A. Atkins 

         Eric L. Cochran 

  
 30 

									
		 		 		 	and	  	
				
		 		 		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 		 		 	920 N. King Street
		 		 		 	Wilmington, DE 19801
		 		 		 	Email: Steven.Daniels@skadden.com
		 		 		 	Attention: Steven J. Daniels
			
		 		 	If to AFI, to:
				
		 		 		 	Armstrong Flooring, Inc.
		 		 		 	P.O. Box 3025
		 		 		 	Lancaster, PA 17604
		 		 		 	E-mail: CSParisi@armstrongflooring.com
		 		 		 	Attention: General Counsel
			
		 		 	with a copy (prior to the Distribution Effective Time) to:
				
		 		 		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 		 		 	Four Times Square
		 		 		 	New York, New York 10036
		 		 		 	 Email: Peter.Atkins@skadden.com

		 		 		 	  Eric.Cochran@skadden.com

		 		 		 	Attention:	  	Peter A. Atkins
		 		 		 		  	Eric L. Cochran
					
		 		 		 	and	  	
				
		 		 		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 		 		 	920 N. King Street
		 		 		 	Wilmington, DE 19801
		 		 		 	Email: Steven.Daniels@skadden.com
		 		 		 	Attention: Steven J. Daniels

 Any Party may, by notice to the other Party, change the address to which such notices are to be given. 

Section 9.10 Severability. If any provision of this Agreement or the application thereof to any Person or circumstance is
determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of any such 

  
 31 

 provision to Persons or circumstances or in jurisdictions other than those as to which it has been held invalid
or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. Upon such determination, the Parties shall negotiate in good faith in an effort to agree upon such a suitable and equitable
provision to effect the original intent of the Parties. 
 Section 9.11 Force Majeure. The Force Majeure provision set forth in
Section 10.7 of the Separation and Distribution Agreement shall apply to this Agreement. 
 Section 9.12 Headings. The
article, section and paragraph headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 

Section 9.13 Survival of Covenants. Except as expressly set forth in this Agreement, the covenants, representations and warranties
and other agreements contained in this Agreement, and Liability for the breach of any obligations contained herein, shall survive the Separation and the Distribution and shall remain in full force and effect thereafter. 

Section 9.14 Waivers of Default. Waiver by any Party of any default by the other Party of any provision of this Agreement shall
not be deemed a waiver by the waiving Party of any subsequent or other default, nor shall it prejudice the rights of the waiving Party. No failure or delay by any Party in exercising any right, power or privilege under this Agreement shall operate
as a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege. 

Section 9.15 Dispute Resolution. The dispute resolution procedures set forth in Article VII of the Separation and Distribution
Agreement shall apply to any dispute, controversy or claim arising out of or relating to this Agreement. 
 Section 9.16 Specific
Performance. Subject to Article VII of the Separation and Distribution Agreement, in the event of any actual or threatened default in, or breach of, any of the terms, conditions and provisions of this Agreement, the Party or Parties who are, or
are to be, thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief (on an interim or permanent basis) in respect of its rights or their rights under this Agreement, in addition to any and all other
rights and remedies at Law or in equity, and all such rights and remedies shall be cumulative. The Parties agree that the remedies at law for any breach or threatened breach, including monetary damages, may be inadequate compensation for any loss
and that any defense in any Action for specific performance that a remedy at law would be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are hereby waived by each of the Parties. 

Section 9.17 Amendments. No provisions of this Agreement shall be deemed waived, amended, supplemented or modified by a Party,
unless such waiver, amendment, supplement or modification is in writing and signed by the authorized representative of the Party against whom it is sought to enforce such waiver, amendment, supplement or modification. 

Section 9.18 Interpretation. In this Agreement, (a) words in the singular shall be deemed to include the plural and vice
versa and words of one gender shall be deemed to include 

  
 32 

 the other genders as the context requires; (b) the terms “hereof,” “herein,” and
“herewith” and words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole (including all of the Schedules, Annexes and Exhibits hereto and thereto) and not to any particular provision of this
Agreement; (c) Article, Section, Exhibit, Annex and Schedule references are to the Articles, Sections, Exhibits, Annexes and Schedules to this Agreement unless otherwise specified; (d) unless otherwise stated, all references to any
agreement shall be deemed to include the exhibits, schedules and annexes to such agreement; (e) the word “including” and words of similar import when used in this Agreement shall mean “including, without limitation,” unless
otherwise specified; (f) the word “or” shall not be exclusive; (g) unless otherwise specified in a particular case, the word “days” refers to calendar days; (h) references to “business day” shall mean any
day other than a Saturday, a Sunday or a day on which banking institutions are generally authorized or required by law to close in the United States or Lancaster, Pennsylvania; (i) references herein to this Agreement or any other agreement
contemplated herein shall be deemed to refer to this Agreement or such other agreement as of the date on which it is executed and as it may be amended, modified or supplemented thereafter, unless otherwise specified; and (j) unless expressly
stated to the contrary in this Agreement, all references to “the date hereof,” “the date of this Agreement,” “hereby” and “hereupon” and words of similar import shall all be references to APRIL 1, 2016.

 Section 9.19 Limitations of Liability. Notwithstanding anything in this Agreement to the contrary, neither AFI or any member
of the AFI Group, on the one hand, nor AWI or any member of the AWI Group, on the other hand, shall be liable under this Agreement to the other for any indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory
damages of the other arising in connection with the transactions contemplated hereby (other than any such Liability with respect to a Third-Party Claim). 

Section 9.20 Mutual Drafting. This Agreement shall be deemed to be the joint work product of the Parties and any rule of
construction that a document shall be interpreted or construed against a drafter of such document shall not be applicable to this Agreement. 

[Remainder of page intentionally left blank] 

  
 33 

 IN WITNESS WHEREOF, the Parties have caused this Employee Matters Agreement to be executed by
their duly authorized representatives. 
  

			
	ARMSTRONG WORLD INDUSTRIES, INC.
		
	By:	 	 /s/ Brian L. MacNeal

		 	Name: Brian L. MacNeal
		 	Title: Authorized Officer
	
	ARMSTRONG FLOORING, INC.
		
	By:	 	 /s/ John W. Thompson

		 	Name: John W. Thompson
		 	Title: Authorized Officer

  
 [Signature Page
to Employee Matters Agreement]EX-10.4

 Exhibit 10.4 

TRADEMARK LICENSE AGREEMENT 
 BY
AND BETWEEN 
 ARMSTRONG WORLD INDUSTRIES, INC., 

AWI LICENSING LLC 
 AND 

ARMSTRONG FLOORING, INC. 
 DATED
AS OF APRIL 1, 2016 

 TRADEMARK LICENSE AGREEMENT 

This TRADEMARK LICENSE AGREEMENT (this “Agreement”), is dated as of April 1, 2016 (the “Effective
Date”), by and between Armstrong World Industries, Inc., a Pennsylvania corporation (“AWI”), and AWI Licensing LLC, a Delaware limited liability company (“AWI LC”) (AWI and AWI LC collectively,
“Licensor”), and Armstrong Flooring, Inc., a Delaware corporation (“AFI” or “Licensee”) (each a “Party” and together, the “Parties”). 

R E C I T A L S 
 WHEREAS, the
board of directors of AWI (the “AWI Board”) has determined that it is in the best interests of AWI to separate AWI’s flooring business from its ceilings (building products) business, creating two independent industry-leading
publicly traded companies; 
 WHEREAS, in furtherance of the foregoing, the Parties have entered into a Separation and Distribution
Agreement, dated as of March 11, 2016 (as amended, modified or supplemented from time to time in accordance with its terms, the “Separation Agreement”), pursuant to which certain entities and assets constituting the AFI
Business have been transferred to Licensee; 
 WHEREAS, Licensor is the owner of all right, title and interest in and to the Marks (as
defined below); 
 WHEREAS, the Separation Agreement provides for the execution and delivery of this Agreement by the Licensor and the
Licensee at the Closing (as defined in the Separation Agreement); and 
 WHEREAS, subject to the terms and conditions hereinafter set forth,
the Licensor wishes to grant to the Licensee, and the Licensee desires to obtain, a license to use the Marks in accordance with the terms, and subject to the conditions, set forth herein. 

NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained in this Agreement, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows: 

ARTICLE I 
 DEFINITIONS 

For the purpose of this Agreement, the following terms shall have the following meanings: 

“Action” shall mean any demand, action, claim, dispute, suit, countersuit, arbitration, inquiry, subpoena, proceeding or
investigation of any nature (whether criminal, civil, legislative, administrative, regulatory, prosecutorial or otherwise) by or before any federal, state, local, foreign or international Governmental Authority or any arbitration or mediation
tribunal. 

 “Affiliates” shall mean, when used with respect to a specified Person, a Person
that, directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with such specified Person. For the purpose of this definition, “control” (including with correlative meanings,
“controlled by” and “under common control with”), when used with respect to any specified Person shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of
such person, whether through the ownership of voting securities or other interests, by contract, agreement, obligation, indenture, instrument, lease, promise, arrangement, release, warranty, commitment, undertaking or otherwise. It is expressly
agreed that, for purposes of this Agreement, (a) no member of the AFI Group shall be deemed to be an Affiliate of any member of the AWI Group and (b) no member of the AWI Group shall be deemed to be an Affiliate of any member of the AFI
Group. 
 “AFI” shall have the meaning set forth in the Preamble. 

“AFI Business” shall mean (a) the business, operations and activities of the Resilient Flooring and the Wood Flooring
segments of AWI conducted at any time prior to the Division Effective Time by either Party or any of their current or former Subsidiaries and (b) except for the Retained Legacy Matters (as defined in the Separation Agreement) (which are
expressly excluded from the AFI Business), any terminated, divested or discontinued businesses, operations and activities that, at the time of termination, divestiture or discontinuation, primarily related to (i) the business, operations or
activities described in clause (a) as then conducted, or (ii) any other business operations or activities previously conducted as part of the flooring business of AWI and its Subsidiaries, including those set forth on Schedule 1.2
of the Separation Agreement. 
 “AFI Group” shall mean (a) prior to the Division Effective Time, AFI and each Person
that will be a Subsidiary of AFI as of immediately after the Division Effective Time, including the Transferred Entities (as defined in the Separation Agreement), even if, prior to the Division Effective Time, such Person is not a Subsidiary of AFI;
and (b) on and after the Division Effective Time, AFI and each Person that is a Subsidiary of AFI. 
 “AFI
Indemnitees” shall have the meaning set forth in Section 7.2. 
 “Agreement” shall have the meaning
set forth in the Preamble. 
 “AWI” shall have the meaning set forth in the Preamble. 

“AWI Board” shall have the meaning set forth in the Recitals. 

“AWI Business” shall mean all businesses, operations and activities (whether or not such businesses, operations or activities
are or have been terminated, divested or discontinued) conducted at any time prior to the Division Effective Time by either Party or any member of its Group, other than the AFI Business. 

“AWI Group” shall mean AWI and each Person that is a Subsidiary of AWI. 

“AWI Indemnitees” shall have the meaning set forth in Section 7.1. 

  
 2 

 “AWI LC” shall have the meaning set forth in the Preamble. 

“Brand Manual” shall mean Licensor’s brand presentation guidelines prescribing the permitted form and manner in which
the Mark may be used, a copy of which is attached to this Agreement as Schedule F, including any amendments or additions thereto notified in writing by Licensor to Licensee from time to time. 

“Complaint” shall mean any warranty claim or Action submitted by a customer or Governmental Authority concerning the
performance, design or installation of Licensor Products and Services (with respect to Licensor) or Licensee Products and Services (with respect to Licensee) under the Marks, provided such claim is either substantiated or allowed by the Licensor and
its Affiliates or Licensee and its Affiliates, as applicable, as evidenced by payment, refund, credit or exchange. 
 “Complaint
Threshold” shall mean the percentage of dollars paid by Licensee and its Affiliates or Licensor and its Affiliates, respectively for Complaints per gross sales by Licensee and its Affiliates or Licensor and its Affiliates, respectively as
follows: 3.6% for Licensee Products and Services globally under the Marks (with respect to Licensee), or 3.6% for Licensor Products and Services globally under the Marks (with respect to Licensor). The foregoing total sales figure in the Complaint
Threshold shall be adjusted following the Effective Date to account for applicable changes in the Consumer Price Index. In addition, if the nature and method of Complaint reporting materially changes following the Effective Date due to material
changes in applicable Law or technology, then the foregoing Complaint Threshold shall be equitably adjusted to account for and proportionately reflect such change. 

“Dispute” shall have the meaning set forth in Section 10.3(a). 

“Division Effective Time” shall have the meaning set forth in the Separation Agreement. 

“Effective Date” shall have the meaning set forth in the Preamble. 

“Electronic Addresses” shall mean Internet domain names, social media addresses and other similar or successor electronic
addresses. 
 “Field of Use” shall mean, with respect to Licensor, the Licensor Products and Services, and, with respect to
Licensee, the Licensee Products and Services. 
 “Governmental Authority” shall mean any nation or government, any state,
municipality or other political subdivision thereof, and any entity, body, agency, commission, department, board, bureau, court, tribunal or other instrumentality, whether federal, state, local, domestic, foreign or multinational, exercising
executive, legislative, judicial, regulatory, administrative or other similar functions of, or pertaining to, government and any executive official thereof. 

“Group” shall mean either the AFI Group or the AWI Group, as the context requires. 

“Indemnifying Party” shall have the meaning set forth in Section 7.3(a). 

“Indemnitee” shall have the meaning set forth in Section 7.3(a). 

  
 3 

 “Indemnity Payment” shall have the meaning set forth in
Section 7.3(a). 
 “Infringements” shall have the meaning set forth in Section 5.3(a). 

“Initial Notice” shall have the meaning set forth in Section 10.3(a). 

“Insurance Proceeds” shall have the meaning set forth in the Separation Agreement. 

“Law” shall mean any national, supranational, federal, state, provincial, local or similar law (including common law),
statute, code, order, ordinance, rule, regulation, treaty (including any income tax treaty), license, permit, authorization, approval, consent, decree, injunction, binding judicial or administrative interpretation or other requirement, in each case,
enacted, promulgated, issued or entered by a Governmental Authority. 
 “Liabilities” shall mean all debts, guarantees,
assurances, commitments, liabilities, responsibilities, Losses, remediation, deficiencies, damages, fines, penalties, settlements, sanctions, costs, expenses, interest and obligations of any nature or kind, whether accrued or fixed, absolute or
contingent, matured or unmatured, accrued or not accrued, asserted or unasserted, liquidated or unliquidated, foreseen or unforeseen, known or unknown, reserved or unreserved, or determined or determinable, including those arising under any Law,
claim (including any Third-Party Claim), demand, Action, or order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority or arbitration tribunal, and those arising under any contract,
agreement, obligation, indenture, instrument, lease, promise, arrangement, release, warranty, commitment or undertaking, or any fines, damages or equitable relief that is imposed, in each case, including all costs and expenses relating thereto. 

“License” shall mean the rights and licenses with respect to the Marks granted pursuant and subject to
Section 2.1 of this Agreement. 
 “Licensee” shall have the meaning set forth in the Preamble. 

“Licensee Combination Marks” shall have the meaning set forth in Section 4.2(b). 

“Licensee Competitors” shall mean (i) those Persons or competitor brands set forth in Schedule E hereto and any
successors thereto, and (ii) any Person that, following the Effective Date, becomes a direct competitor of Licensee with respect to Licensee Products and Services (excluding Licensor Walls) to an equivalent or greater extent than any of those
Persons identified in Schedule E as of the Effective Date. 
 “Licensee Designators” shall have the meaning set
forth in Section 4.2(b). 
 “Licensee Products and Services” shall mean those products and services set forth
in Schedule B and, subject to Section 4.3, Walls. 
 “Licensee Trademark” shall mean a trademark or
service mark owned by Licensee or its Affiliates that does not include a generic word or words that denotes Licensor Products and Services. 

  
 4 

 “Licensee Walls” shall mean the following Walls: (i) LVT (<250mils),
(ii) VCT (<250mils), and (iii) Sheet (<250mils). 
 “Licensor” shall have the meaning set forth in the
Preamble. 
 “Licensor Combination Marks” shall have the meaning set forth in Section 4.2(c). 

“Licensor Competitors” shall mean those (i) Persons or competitor brands set forth in Schedule D hereto and any
successors thereto, and (ii) any Person that, following the Effective Date, becomes a direct competitor of Licensor with respect to Licensor Products and Services (excluding Licensee Walls) to an equivalent or greater extent than any of those
Persons identified in Schedule D as of the Effective Date. 
 “Licensor Designators” shall have the meaning set
forth in Section 4.2(c). 
 “Licensor Products and Services” shall mean those products and services set forth
in Schedule C and, subject to Section 4.3, Walls. 
 “Licensor Trademark” means a trademark or service
mark owned by Licensor or its Affiliates (other than the Marks) that does not include a generic word or words that denotes Licensee Products and Services (except Walls). 

“Licensor Walls” shall mean all Walls other than Licensee Walls. 

“Losses” shall mean actual losses, costs, damages, penalties and expenses (including legal and accounting fees and expenses
and costs of investigation and litigation), whether or not involving a Third-Party Claim. 
 “Marks” shall mean the
trademarks and service marks set forth on Schedule A hereto. 
 “Off-Specification Goods” shall mean products
manufactured outside the acceptable specification range such that they have no consumer or commercial value for their intended use. 

“Party” or “Parties” shall have the meaning set forth in the Preamble. 

“Person” shall mean an individual, corporation, partnership, joint venture, limited liability company, Governmental
Authority, unincorporated organization, trust, association, or other entity. 
 “Representatives” shall mean, with respect
to any Person, any of such Person’s directors, officers, employees, agents, consultants, advisors, accountants, attorneys or other representatives. 

“Separation Agreement” shall have the meaning set forth in the Recitals. 

“Subsidiary” shall mean, with respect to any Person, any corporation, general or limited partnership, trust, joint venture,
unincorporated organization, limited liability company or other entity of which such Person (a) beneficially owns, either directly or indirectly, more than fifty percent (50%) of (i) the total combined voting power of all classes of
voting securities, (ii) the 

  
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total combined equity interests or (iii) in the case of a partnership, is a general partner, or (b) otherwise has the power to vote, either directly or indirectly, sufficient securities
to elect a majority of the board of directors or similar governing body. 
 “Tax Matters Agreement” shall have the meaning
set forth in the Separation Agreement. 
 “Term” shall have the meaning set forth in Section 8.1(a). 

“Territory” shall mean worldwide. 

“Third Party” shall mean any Person other than the Parties or any members of their respective Groups. 

“Third-Party Claim” shall have the meaning set forth in Section 7.4(a). 

“Walls” means walls, wainscoting, room dividers, backsplashes, wall planks, wall tiles, and products, accessories and
services relating thereto. 
 ARTICLE II 

LICENSE GRANT 
 Section 2.1
Grant of License. Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive (except with respect to Walls, which license shall be nonexclusive), royalty-free, non-transferrable (subject to
Section 10.4) license to use the Marks throughout the Territory, which license shall include the right to use the Marks in corporate names and trade names and Electronic Addresses, in each case solely in connection with its business of
manufacturing, distributing, marketing and selling the Licensee Products and Services. 
 Section 2.2 Sublicensing. Licensee shall
have the right to grant to any Person a sublicense of any of its rights granted under the License, provided that: (a) such sublicensee uses the Marks in support of the businesses of the AFI Group (and not for the independent use by a
Third Party); (b) the terms of any sublicense are in writing and consistent with this Agreement; and (c) Licensee shall ensure that each sublicensee complies with the terms and conditions of this Agreement applicable to Licensee. 

Section 2.3 Limitations and Reservations. Licensor shall not use the Marks to designate products or services other than the Licensor
Products and Services, and Licensee shall not use the Marks to designate products or services other than the Licensee Products and Services. Notwithstanding anything to the contrary herein, the License is subject to any rights of or obligations owed
to any Third Party under any agreement existing as of the Effective Date between Licensor or its Affiliates and any such Third Party. Except as expressly provided herein, Licensor reserves all rights with respect to the Marks, including with respect
to the use, registration and licensing thereof. 

  
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 ARTICLE III 

QUALITY STANDARDS 
 Section 3.1
Quality Control and Standards. 
 (a) Licensee shall use the Marks and offer Licensee Products and Services under the Marks at a
level of quality which generally equals or exceeds the levels of quality associated with the AFI Business. Without limitation to the foregoing, Licensee shall ensure that (i) factories and facilities of Licensee and its Affiliates offering,
using or creating Licensee Products and Services under the Marks are operated in a manner consistent with good industry practices; (ii) the Complaints related to Licensee Products and Services shall not exceed the Complaint Threshold for more
than four (4) consecutive quarters; and (iii) Licensee Products and Services under the Marks do not include Off-Specification Goods (provided that Off-Specification Goods may be sold for recycling purposes only). 

(b) Licensor shall use the Marks and offer Licensor Products and Services under the Marks at a level of quality which generally equals or
exceeds the levels of quality associated with the AWI Business. Without limitation to the foregoing, Licensor shall ensure that (i) factories and facilities of Licensor and its Affiliates offering, using or creating Licensor Products and
Services under the Marks in a manner consistent with best practices; (ii) Complaints related to Licensor Products and Services shall not exceed the Complaint Threshold for more than four (4) consecutive quarters; and (iii) Licensor
Products and Services under the Marks do not include Off-Specification Goods (provided that Off-Specification Goods may be sold for recycling purposes only). 

(c) Each Party shall, within thirty (30) days of the end of each calendar quarter, report its Complaint Threshold to the other Party, and
provide further information reasonably requested by the other Party in connection therewith. 
 (d) Each Party shall use the Marks in a
manner that would not reasonably be expected to disparage or reflect negatively on the goodwill or reputation of the Marks, including by refraining from the use of inappropriate packaging, images and materials used in connection with the Marks. Each
Party shall use the Marks and operate its business under the Marks in compliance with applicable Law. 
 (e) In the event of any event or
circumstance that arises in connection with any act or omission of the AWI Group which results or would be reasonably expected to result in material negative publicity for any member of the AFI Group, the AWI Group or the Marks, or materially
tarnishes or would reasonably be expected to materially tarnish the reputation of the AFI Group, the AWI Group or the Marks, the Parties will reasonably cooperate with each other to promptly implement a communications plan and effort intended to
address and remedy such negative impact, in a form reasonably approved in writing by AFI, with all costs and expenses relating to such plan and effort to be borne by the AWI Group. In the event of any event or circumstance that arises in connection
with any act or omission of the AFI Group which results or would be reasonably expected to result in material negative publicity for any member of the AFI Group, the AWI Group or the Marks, or materially tarnishes or would reasonably be

  
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expected to materially tarnish the reputation of the AFI Group, the AWI Group or the Marks, the Parties will reasonably cooperate with each other to promptly implement a communications plan and
effort intended to address and remedy such negative impact, in a form reasonably approved in writing by AWI, with all costs and expenses relating to such plan and effort to be borne by the AFI Group. 

ARTICLE IV 
 USE OF THE MARKS 

Section 4.1 Use of Marks. 

(a) The Licensee shall use the Marks in accordance with sound trademark usage principles and in accordance with all Laws relating to the
maintenance of the validity and enforceability of the Marks; and shall not take action which is intended, or would reasonably be expected, to harm the reputation of the Marks or the reputation of the Licensor under the Marks. 

(b) The Licensor shall use the Marks in accordance with sound trademark usage principles and in accordance with all Laws relating to the
maintenance of the validity and enforceability of the Marks; and shall not take action which is intended, or would reasonably be expected, to harm the reputation of the Marks or the reputation of the Licensee under the Marks. 

Section 4.2 Presentation of Marks. 

(a) Licensee and Licensor shall use the Marks in a manner consistent with the Brand Manual; provided that (i) Licensee may vary
its presentation of the Marks from the Brand Manual with the prior written consent of Licensor, such consent not to be unreasonably withheld or delayed, and (ii) if Licensor changes the stylized format of the Marks as presented in the Brand
Manual then Licensee shall have the right upon written notice to Licensor to continue to use the stylized format of the Marks used by Licensee hereunder prior to such change. 

(b) Licensee shall always use ARMSTRONG followed by (i) “FLOORS,” “FLOORING”, “FLOORING SYSTEMS”,
“FLOORING SOLUTIONS,” “FLOOR PRODUCTS”, “FLOORING PRODUCTS”, “RESIDENTIAL FLOORING”, “COMMERCIAL FLOORING”, “FLOORING SERVICES”, or “FLOOR FASHION CENTER” or (ii) a generic
word or words that denotes Licensee Products and Services that are not included in Licensor Products and Services (each of the foregoing permitted words or terms, “Licensee Designators”, with such Licensee Designator presented in a
manner consistent with the Brand Manual, “Licensee Combination Marks”). Notwithstanding the foregoing, Licensee may use ARMSTRONG (i) alone if stamped or embedded directly in products included within Licensee Products and
Services so long as the Licensee Combination Mark is readily observable on the packaging thereto, (ii) alone or in combination with Licensee Trademarks in textual sentences (with the Mark not presented in logo or stylized format or more
prominently than the Licensee Combination Mark) as a short-hand reference to the Licensee Combination Mark so long as the Licensee Combination Mark is readily observable, (iii) alone in corporate signage located at buildings owned or occupied
by Licensee or its Affiliates (subject to Section 4.4), and (iv) as may be agreed in writing by the Parties from time to time to the extent reasonably necessary to maintain applications and registrations for the Mark alone or in
logo or stylized format, with such agreed-to use to be only periodically and in a non-prominent matter. 

  
 8 

 (c) Licensor shall always use ARMSTRONG followed by (i) “WORLD INDUSTRIES”,
“WORLD”, “BUILDING PRODUCTS”, “CEILINGS”, “CEILING SYSTEMS”, “CEILING INSTALLATION SYSTEMS”, “CEILING SOLUTIONS”, “CEILINGS & WALLS” , “CEILINGS & WALL
SYSTEMS”, “CEILING & WALL SOLUTIONS”, “WALLS”, “WALL SOLUTIONS”, or “WALLS SYSTEMS” or (ii) a generic word or words that denotes Licensor Products and Services that are not included in
Licensee Products and Services (each of the foregoing permitted words or terms, “Licensor Designators”, with such Licensor Designator presented in a manner consistent with the Brand Manual, “Licensor Combination
Marks”). Notwithstanding the foregoing, Licensor may use the Marks (i) alone if stamped or embedded directly in products included within Licensee Products and Services, (ii) alone or in combination with Licensor Trademarks in
textual sentences (with the Mark not presented in logo or stylized format or more prominently than the Licensor Combination Mark) as a short-hand reference to the Licensor Combination Mark so long as the Licensor Combination Mark is readily
observable, (iii) alone in corporate signage located at buildings owned or occupied by Licensor or its Affiliates (subject to Section 4.4), and (iv) as may be agreed in writing by the Parties from time to time to the extent
reasonably necessary to maintain applications and registrations for the Mark alone or in logo or stylized format, with such agreed-to use to be only periodically and in a non-prominent matter. 

(d) Licensee shall ensure that any Electronic Addresses that include the Mark and are used by or on behalf of Licensee contain a Licensee
Designator (and Licensee shall maintain such Electronic Addresses and associated sites at Licensee’s cost), and Licensor shall ensure that any Electronic Addresses that include the Mark and are used by or on behalf of Licensor contain a
Licensor Designator (and Licensor shall maintain such Electronic Addresses and associated sites at Licensor’s cost). 
 (e) The
homepage of www.armstrong.com shall serve as a landing page to redirect Persons to Licensor and Licensee sites, as reasonably agreed to by the Parties and in a form and manner that is intended to provide equivalent placement for and access to
Licensor and Licensee (and such domain name and associated site shall be maintained at Licensor’s and Licensee’s cost, with such cost to be shared equally between the Parties). In addition, certain other domain names shall be handled by
the Parties as set forth in Schedule G. 
 (f) Except as permitted in the Brand Manual or by Section 4.2(g) or
Section 4.2(h), Licensee and Licensor shall not combine the Marks with another name or mark other than a Licensee Designator (with respect to Licensee) or a Licensor Designator (with respect to Licensor). 

(g) Subject to the other provisions of this Agreement, (i) Licensee shall have the right to include a Licensee Trademark as separate
word(s) prior to or after a Licensee Combination Mark (i.e., “[Licensee Combination Mark] [Licensee Trademark] [applicable product or service within Licensee Products and Services]” or “[Licensee Trademark] [applicable product or
service within Licensee Products and Services] by [Licensee Combination Mark]”), and (ii) Licensor shall have the right to include a Licensor Trademark as separate 

  
 9 

 
word(s) prior to or after a Licensor Combination Mark (i.e., “[Licensor Combination Mark] [Licensor Trademark] [applicable product or service within Licensor Products and Services]” or
“[Licensor Trademark] [applicable product or service within Licensor Products and Services] by [Licensor Combination Mark]”). Licensee and Licensor shall also have the right to include corporate entity designators (e.g., “Inc.”,
“Company”, “LLC”, or the like) at the end of a Licensee Combination Mark or Licensor Combination Mark, respectively, for purposes of identifying the applicable entity. 

(h) Licensee shall have the right to use marks owned by and licensed from Third Parties in close association with the Licensee Combination
Marks, provided that such other marks (i) do not include words that denote Licensor Products and Services, and (ii) are not owned by or principally associated by the public with a Licensor Competitor. Licensor shall have the right
to use marks owned by and licensed from Third Parties in close association with the Licensor Combination Marks, provided that such other marks (i) do not include words that denote Licensee Products and Services (except Walls), and
(ii) are not owned by or principally associated by the public with a Licensee Competitor. The foregoing restrictions in this Section 4.2(h) shall not prevent a Party from (i) conducting business with a Licensor Competitor (in
the case of Licensee) or a Licensee Competitor (in the case of Licensor), or (ii) participating in industry sponsorships, including trade shows, outings, and speaking engagements, that might result in the use of Licensor Combination Marks or
Licensee Combination Marks with Third Party marks of a Licensee Competitor or Licensor Competitor. 
 Section 4.3 Walls. Licensee may
not use the Marks in connection with Licensor Walls, provided that the foregoing shall not apply to (i) non-prominent references by Licensee to its corporate name, trade name or Electronic Addresses (with the Mark not presented in logo
or stylized format), or (ii) uses of the Marks in connection with Licensor Walls if such uses are in a manner not intended to and that do not directly associate the Marks with Licensor Walls (for example, the following would be permitted:
“[Brand]TM Walls” to designate Licensor Walls on one page of a brochure where (x) on the header or footer of such page a Licensee Combination Mark identifies the corporate or trade name of Licensee in a non-prominent manner and/or
(y) on a separate page of such brochure the Mark is used in connection with Licensee Products and Services). Licensor may not use the Marks in connection with Licensee Walls, provided that the foregoing shall not apply to
(i) non-prominent references by Licensor to its corporate name, trade name or Electronic Addresses (with the Mark not presented in logo or stylized format), or (ii) uses of the Marks in connection with Licensee Walls if such uses are in a
manner not intended to and that do not directly associate the Marks with Licensee Walls (for example, the following would be permitted: “[Brand]TM Walls” to designate Licensee Walls on one page of a brochure where (x) on the
header or footer of such page a Licensor Combination Mark identifies the corporate or trade name of Licensor in a non-prominent manner and/or (y) on a separate page of such brochure the Mark is used in connection with Licensor Products and
Services would be permitted). 
 Section 4.4 Transition. The Parties acknowledge and agree that, notwithstanding any other provision
in this Agreement, Licensee and Licensor shall have the right to transition from use of the Marks alone to use of the Marks as set forth in this Article IV after the Effective Date; provided, however, that each Party shall (i) use
commercially reasonable efforts to transition from use of the Marks alone to use of the Marks as set forth in this Article IV in a timely and 

  
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expeditious manner, recognizing that the intent of the Parties is to transition as promptly and cost-effectively as possible and, in any event, except as otherwise provided below, within one
(1) year of the Effective Date, (ii) be permitted to exhaust in the ordinary course all product inventory, product samples and kits, product brochures, product catalogs and packaging inventory existing or first initiated as of the
Effective Date and (iii) ensure that any and all orders, requisitions and purchases of new materials (for example, letterhead, stationary, catalogs, business cards, presentations, promotional items, decals, brochures, displays, signs and
marketing materials), including any use of those materials, made or first initiated after the Effective Date shall comply with Sections 4.1 through 4.3. Notwithstanding the foregoing, the Parties shall (i) transition “big
box” (for example, Lowe’s and The Home Depot) store displays in a timely and expeditious manner to the extent permitted by the applicable definitive agreement with the “big box” store in effect as of the Effective Date, and
(ii) transition facility signage within two (2) years of the Effective Date (or such later date as may be approved by the other Party in writing in the exercise of its discretion). Without limitation to the foregoing, any cessation of use
of a Mark that requires approval by a Governmental Authority shall be expeditiously assembled, submitted and diligently prosecuted for approval by the applicable Governmental Authority in a timely fashion by the Party seeking approval. 

Section 4.5 Communication and Collaboration. The Parties acknowledge that, in connection with the conduct of their respective
businesses hereunder under the Marks, there may be certain matters with respect to which the Parties may communicate or collaborate. Any such communications or collaboration shall be governed by Article IX hereof, and Licensor shall limit its
use of such activities to the Licensor Products and Services and Licensee shall limit its use of such activities to the Licensee Products and Services. 

Section 4.6 Misdirected Communications. In the event that a Party or its Affiliates experience an appreciable number of communications
intended for the other Party or its Affiliates as a result of the use of the Marks hereunder, then at a Party’s request the Parties will reasonably cooperate with each other to implement a process to cross-refer to the other Party misdirected
inquiries and complaints intended for such other Party. 
 ARTICLE V 

OWNERSHIP AND PROTECTION OF MARKS 

Section 5.1 Ownership of the Marks. Licensee acknowledges that the Marks and all rights therein and thereto and the goodwill pertaining
thereto, including Licensor Combination Marks and (other than, for clarity, with respect to a Licensee Trademark) Licensee Combination Marks, are owned exclusively by and belong exclusively to Licensor. Licensee’s use of the Marks and Licensee
Combination Marks and any and all goodwill generated thereby or associated therewith shall inure solely to the benefit of Licensor (other than, for clarity, with respect to a Licensee Trademark). Licensee shall not (a) register or seek to
register in any jurisdiction any Mark (including any mark that includes or is a derivation of or confusingly similar to a Mark), (b) directly or indirectly contest the ownership or validity of any rights of the Licensor in or to any of the
Marks, Licensor Combination Marks or Licensee Combination Marks (other than, for clarity, with respect to a Licensee Trademark), or (c) contest the fact that Licensee’s rights under this Agreement are as a licensee and subject to all of
the terms and conditions herein. 

  
 11 

 Section 5.2 Registration. All applications and registrations for or that include a Mark
shall be filed in the name of Licensor and, as between Licensor and Licensee, Licensor shall file the documents with the applicable Governmental Authorities in connection therewith. Licensee shall be responsible for the cost of searching,
investigating, filing, prosecuting, registering and maintaining such applications and registrations that cover only Licensee Products and Services. Licensor shall be responsible for the cost of searching, investigating, filing, prosecuting,
registering and maintaining such applications and registrations that cover only Licensor Products and Services. With respect to such applications and registrations that cover both Licensee Products and Services and Licensor Products and Services,
Licensee shall reimburse Licensor for fifty (50%) percent of all costs of Licensor and its Affiliates in connection therewith. At the reasonable request of a Party, the other Party shall reasonably consult and cooperate with such Party in connection
with filings for applications and registrations for or that include a Mark. 
 Section 5.3 Enforcement. 

(a) Licensor shall have the exclusive right to challenge Third Party infringements, dilutions and other violations of or with respect to the
Marks (“Infringements”) within the Licensor’s Field of Use (excluding Licensee Walls). If Licensor does not challenge such Infringement within ninety (90) days following written notice from Licensee requesting that action
be taken, Licensor will at the request of Licensee consult in good faith with Licensee in connection therewith and consider in good faith any reasonable request by Licensee in connection thereto. 

(b) Licensor shall have the initial right to challenge Infringements outside of the Parties’ respective Field of Use. If Licensor does
not challenge such Infringement within ninety (90) days following written notice from Licensee requesting that action be taken, Licensee may challenge such Infringement. 

(c) Licensee shall have the exclusive initial right to challenge Infringements that are solely within Licensee’s Field of Use (excluding
Licensor Walls). If Licensee does not challenge such Infringement within ninety (90) days following written notice from Licensor requesting that action be taken, Licensor may challenge such Infringement and, in such instance, Licensee shall
reimburse Licensor for fifty percent (50%) of all costs of Licensor and its Affiliates in connection therewith. 
 (d) Except as
otherwise set forth in this Agreement, (i) Licensor shall bear the cost of any challenges it brings against Infringements and shall be entitled to retain all sums recovered in any such Action, and (ii) Licensee shall bear the cost of any
challenges it brings and shall be entitled to retain all sums recovered in any such Action. 
 (e) With respect to an Action challenging an
Infringement which a Party has the right to bring under Section 5.3(a) through (c), at the reasonable request and at the expense of such Party, the other Party shall (i) cooperate with the requesting Party in connection with
such Action, and (ii) join as a party in such Action if necessary for the purpose of maintaining standing in such Action. If at the request of a Party the other Party so joins an Action for the purpose of maintaining standing, the
requesting Party shall indemnify and hold harmless the other Party from any Liabilities relating thereto or arising or resulting therefrom. 

  
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 Section 5.4 Recordation. In the event Licensor or Licensee deems recordation of this
Agreement necessary, the other Party shall reasonably cooperate, at the requesting Party’s expense, in connection with the recording of this Agreement with the appropriate Governmental Authorities and in the renewal of such recordation. The
Parties shall provide assistance and information to each other as reasonably necessary to accomplish such recordation, including by submitting a revised version of this Agreement in a form necessary, but without change of substance (except where
such change is necessary for purposes of recordation) hereof, for recordation. Upon termination or expiration of this Agreement, the Parties shall cooperate to effect a cancellation or termination of any recordation of this Agreement with the
appropriate Governmental Authorities, and the Parties will grant, and hereby do grant, to each other an irrevocable power of attorney coupled with an interest to effect such cancellation within twenty (20) days after the termination of this
Agreement. 
 ARTICLE VI 

DISCLAIMER OF REPRESENTATIONS AND WARRANTIES 

Section 6.1 DISCLAIMER. 

(a) NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT TO THE CONTRARY, ALL LICENSES TO THE MARKS ARE BEING MADE WITHOUT ANY REPRESENTATION
OR WARRANTY OF ANY NATURE (A) AS TO THEIR VALUE OR FREEDOM FROM ANY SECURITY INTERESTS; (B) AS TO TITLE, NONINFRINGEMENT, VALIDITY, ACCURACY OF INFORMATIONAL CONTENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (WHETHER OR NOT A
PARTY OR ITS AFFILIATES KNOWS OR HAS REASON TO KNOW ANY SUCH PURPOSE) OR ANY OTHER MATTER, INCLUDING ANY WARRANTY (EXPRESS OR IMPLIED, ORAL OR WRITTEN), WHETHER ALLEGED TO ARISE BY LAW, BY REASON OF CUSTOM OR USAGE IN THE TRADE, BY COURSE OF DEALING
OR OTHERWISE; OR (C) AS TO THE LEGAL SUFFICIENCY TO GRANT ANY RIGHTS THEREIN AND AS TO ANY CONSENTS OR APPROVALS REQUIRED IN CONNECTION HEREWITH OR THEREWITH, AND NEITHER PARTY, NOR ANY OF ITS REPRESENTATIVES, MAKES OR HAS MADE ANY
REPRESENTATION OR WARRANTY, AND HEREBY EXPRESSLY DISCLAIMS ALL OTHER REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, WRITTEN OR ORAL, AT LAW OR IN EQUITY, IN CONNECTION WITH THIS AGREEMENT, INCLUDING WITH RESPECT TO THE MARKS, INCLUDING WITH
RESPECT TO THE MATTERS DESCRIBED IN THE FOREGOING CLAUSES (A)-(C). WITHOUT LIMITING THE FOREGOING, THE LICENSEE HEREBY ACKNOWLEDGES AND AGREES THAT ALL LICENSES IN THIS AGREEMENT ARE BEING MADE “AS IS, WHERE IS,” AND, INTER ALIA, SUBJECT
TO ANY AGREEMENTS EXISTING AS OF THE EFFECTIVE DATE. 

  
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 ARTICLE VII 

INDEMNIFICATION 
 Section 7.1
Indemnification by AFI. Except as otherwise specifically set forth in this Agreement, to the fullest extent permitted by Law, AFI shall, and shall cause the other members of the AFI Group (including any sublicensee) to, indemnify, defend and
hold harmless AWI, each member of the AWI Group and each of their respective past, present and future directors, officers, employees and agents, in each case, in their respective capacities as such, and each of the heirs, executors, successors and
assigns of any of the foregoing (collectively, the “AWI Indemnitees”), from and against any and all Liabilities of the AWI Indemnitees relating to, arising out of or resulting from, directly or indirectly, any of the following items
(without duplication): 
 (a) any Liabilities to the extent such Liabilities arise out of any Third-Party Claim relating to, arising out of
or resulting from, directly or indirectly, use of the Marks by, under or through AFI or its Affiliates or sublicensees (including with respect to the manufacture, marketing, offering, use, issuance, sale or performance of any Licensee Products and
Services); or 
 (b) any breach by AFI or any other member of the AFI Group (including any sublicensee) of this Agreement. 

Section 7.2 Indemnification by AWI. Except as otherwise specifically set forth in this Agreement, to the fullest extent permitted by
Law, AWI shall, and shall cause the other members of the AWI Group (other than AFI and its sublicensees) to, indemnify, defend and hold harmless AFI, each member of the AFI Group and each of their respective past, present and future directors,
officers, employees or agents, in each case in their respective capacities as such, and each of the heirs, executors, successors and assigns of any of the foregoing (collectively, the “AFI Indemnitees”), from and against any and all
Liabilities of the AFI Indemnitees relating to, arising out of or resulting from, directly or indirectly, any of the following items (without duplication): 

(a) any Liabilities to the extent such Liabilities arise out of any Third-Party Claim relating to, arising out of or resulting from, directly
or indirectly, use of the Marks by, under or through AWI or its Affiliates or sublicensees (other than AFI and its sublicensees) (including with respect to the manufacture, marketing, offering, use, issuance, sale or performance of any Licensor
Products and Services); or 
 (b) any breach by AWI or any other member of the AWI Group (other than AFI and its sublicensees) of this
Agreement. 
 Section 7.3 Indemnification Obligations Net of Insurance Proceeds and Other Amounts. 

(a) The Parties intend that the indemnification, contribution or reimbursement with respect to any Liability pursuant to this Article
VII shall be net of Insurance Proceeds and other amounts actually recovered (net of any out-of-pocket costs or expenses incurred in the 

  
 14 

 
collection thereof, including increased premiums) from any Person by or on behalf of the Indemnitee in respect of any indemnifiable Liability. Accordingly, the amount which either Party (an
“Indemnifying Party”) is required to pay to any Person entitled to indemnification, contribution or reimbursement hereunder (an “Indemnitee”) will be reduced by any Insurance Proceeds and other amounts actually
recovered (net of any out-of-pocket costs or expenses incurred in the collection thereof, including increased premiums) from any Person by or on behalf of the Indemnitee in respect of the related Liability. If an Indemnitee receives an
indemnification, contribution or reimbursement payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Liability and subsequently receives Insurance Proceeds or any other amounts in
respect of the related Liability, then the Indemnitee will pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payment received over the amount of the Indemnity Payment that would have been due if the Insurance Proceeds or
such other amounts (net of any out-of-pocket costs or expenses incurred in the collection thereof, including increased premiums) had been received, realized or recovered before the Indemnity Payment was made. 

(b) The Parties agree that an insurer that would otherwise be obligated to pay any claim shall not be relieved of the responsibility with
respect thereto or, solely by virtue of any provision contained in this Agreement, have any subrogation rights with respect thereto, it being understood that no insurer or any other Third Party shall be entitled to a “windfall” (i.e., a
benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification, contribution and reimbursement provisions hereof. Each Party shall, and shall cause the members of such Party’s
Group to, use commercially reasonable efforts (taking into account the probability of success on the merits and the cost of expending such efforts, including attorneys’ fees and expenses) to collect or recover any Insurance Proceeds that may be
collectible or recoverable respecting the Liabilities for which indemnification, contribution or reimbursement may be available under this Article VII. Notwithstanding the foregoing, an Indemnifying Party may not delay making any
indemnification payment required under the terms of this Agreement, or otherwise satisfying any indemnification obligation, pending the outcome of any Action to collect or recover Insurance Proceeds, and an Indemnitee need not attempt to collect any
Insurance Proceeds prior to making a claim for indemnification, contribution or reimbursement, or receiving any Indemnity Payment otherwise owed to it under this Agreement. 

Section 7.4 Procedures for Indemnification of Third-Party Claims. 

(a) Notice of Claims. If, at or following the Effective Date, an Indemnitee shall receive notice or otherwise learn of the assertion by
a Person (including any Governmental Authority) that is not a member of the AWI Group or the AFI Group (or their respective sublicensees) of any claim or of the commencement by any such Person of any Action (collectively, a “Third-Party
Claim”) with respect to which an Indemnifying Party may be obligated to provide indemnification to such Indemnitee pursuant to Section 7.1 or 7.2, or any other Section of this Agreement, such Indemnitee shall give such
Indemnifying Party written notice thereof as soon as practicable, but in any event within fourteen (14) days (or sooner if the nature of the Third-Party Claim so requires) after becoming aware of such Third-Party Claim. Any such notice shall
describe the Third-Party Claim in reasonable detail, including the facts and circumstances giving rise to such claim for indemnification, and include copies of all notices and 

  
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documents (including court papers) received by the Indemnitee relating to the Third-Party Claim. Notwithstanding the foregoing, the failure of an Indemnitee to provide notice in accordance with
this Section 7.4(a) shall not relieve an Indemnifying Party of its indemnification obligations under this Agreement, except to the extent to which the Indemnifying Party is actually prejudiced in some material respect by the
Indemnitee’s failure to provide notice in accordance with this Section 7.4(a). 
 (b) Control of Defense. An
Indemnifying Party may elect to defend (and seek to settle or compromise), at its own expense and with its own counsel, any Third-Party Claim; provided that, prior to the Indemnifying Party assuming and controlling defense of such Third-Party
Claim, it shall first confirm to the Indemnitee in writing that, assuming the facts presented to the Indemnifying Party by the Indemnitee being true, the Indemnifying Party shall indemnify the Indemnitee for any such Liabilities to the extent
resulting from, or arising out of, such Third-Party Claim. Notwithstanding the foregoing, if the Indemnifying Party assumes such defense and, in the course of defending such Third-Party Claim, (i) the Indemnifying Party discovers that the facts
presented at the time the Indemnifying Party acknowledged its indemnification obligation in respect of such Third-Party Claim were not true in all material respects and (ii) such untruth provides a reasonable basis for asserting that the
Indemnifying Party does not have an indemnification obligation in respect of such Third-Party Claim, then (A) the Indemnifying Party shall not be bound by such acknowledgment, (B) the Indemnifying Party shall promptly thereafter provide
the Indemnitee written notice of its assertion that it does not have an indemnification obligation in respect of such Third-Party Claim and (C) the Indemnitee shall have the right to assume the defense of such Third-Party Claim. Within thirty
(30) days after the receipt of a notice from an Indemnitee in accordance with Section 7.4(a) (or sooner, if the nature of the Third-Party Claim so requires), the Indemnifying Party shall provide written notice to the Indemnitee
indicating whether the Indemnifying Party shall assume responsibility for defending the Third-Party Claim. If an Indemnifying Party elects not to assume responsibility for defending any Third-Party Claim or fails to notify an Indemnitee of its
election within thirty (30) days after receipt of the notice from an Indemnitee as provided in Section 7.4(a), then the Indemnitee that is the subject of such Third-Party Claim shall be entitled to continue to conduct and control
the defense of such Third-Party Claim. 
 (c) Allocation of Defense Costs. If an Indemnifying Party has elected to
assume the defense of a Third-Party Claim, then such Indemnifying Party shall be solely liable for all fees and expenses incurred by it in connection with the defense of such Third-Party Claim and shall not be entitled to seek any indemnification,
contribution or reimbursement from the Indemnitee for any such fees or expenses incurred by the Indemnifying Party during the course of the defense of such Third-Party Claim by such Indemnifying Party, regardless of any subsequent decision by the
Indemnifying Party to reject or otherwise abandon its assumption of such defense. If an Indemnifying Party elects not to assume responsibility for defending any Third-Party Claim or fails to notify an Indemnitee of its election within thirty
(30) days after receipt of a notice from an Indemnitee as provided in Section 7.4(a), and the Indemnitee conducts and controls the defense of such Third-Party Claim and the Indemnifying Party has an indemnification obligation with
respect to such Third-Party Claim, then the Indemnifying Party shall be liable for all reasonable fees and expenses incurred by the Indemnitee in connection with the defense of such Third-Party Claim. 

  
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 (d) Right to Monitor and Participate. An Indemnitee that does not conduct and
control the defense of any Third-Party Claim, or an Indemnifying Party that has failed to elect to defend any Third-Party Claim as contemplated hereby, nevertheless shall have the right to employ separate counsel (including local counsel as
necessary) of its own choosing to monitor and participate in (but not control) the defense of any Third-Party Claim for which it is a potential Indemnitee or Indemnifying Party, but the fees and expenses of such counsel shall be at the expense of
such Indemnitee or Indemnifying Party, as the case may be, and the provisions of Section 7.4(c) shall not apply to such fees and expenses. Notwithstanding the foregoing, such Party shall cooperate with the Party entitled to conduct and
control the defense of such Third-Party Claim in such defense and make available to the controlling Party, at the non-controlling Party’s expense, all witnesses, information and materials in such Party’s possession or under such
Party’s control relating thereto as are reasonably required by the controlling Party. In addition to the foregoing, if any Indemnitee shall in good faith determine that such Indemnitee and the Indemnifying Party have actual or potential
differing defenses or conflicts of interest between them that make joint representation inappropriate, then the Indemnitee shall have the right to employ separate counsel (including local counsel as necessary) and to participate in (but not control)
the defense, compromise, or settlement thereof, and the Indemnifying Party shall bear the reasonable fees and expenses of such counsel for all Indemnitees. 

(e) No Settlement. Neither Party may settle or compromise any Third-Party Claim for which either Party is seeking to be
indemnified hereunder without the prior written consent of the other Party, which consent may not be unreasonably withheld, unless such settlement or compromise is solely for monetary damages, does not involve any finding or determination of
wrongdoing or violation of Law by the other Party and provides for a full, unconditional and irrevocable release of the other Party from all Liability in connection with the Third-Party Claim. 

(f) Tax Matters Agreement Governs. The above provisions of this Section 7.4 do not apply to Taxes (as defined in the
Separation Agreement) (Taxes being governed by the Tax Matters Agreement). In the case of any conflict between this Agreement and the Tax Matters Agreement in relation to any matters addressed by the Tax Matters Agreement, the Tax Matters Agreement
shall prevail. 
 ARTICLE VIII 

TERM AND TERMINATION 
 Section
8.1 Term and Termination. 
 (a) This Agreement shall commence as of the Effective Date, and shall be non-terminable, unless
terminated earlier pursuant to this Section 8.1 (the “Term”). 
 (i) In the event that Licensee
(and its sublicensees) ceases all use of the Marks everywhere throughout the world for a period of three (3) consecutive years, this Agreement may be terminated upon written notice by Licensor. 

  
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 (ii) In the event that Licensor (and its licensees other than Licensee and its
sublicensees) ceases all use of the Marks everywhere throughout the world for a period of three (3) consecutive years, this Agreement may be terminated upon written notice by Licensee, provided that in the event of such a termination by
Licensee for nonuse then Licensor shall assign all of its right, title and interest in the Marks to Licensee. 
 (iii) In the
event that the Complaint Threshold applicable to a Party is exceeded for more than four (4) consecutive calendar quarters, then such Party shall have two (2) years from the end of the last such calendar quarter to come into compliance with
such applicable Complaint Threshold, and in the event that such Party fails to be in compliance with the Complaint Threshold during the last calendar quarter of such two (2) year period and such Party is not using commercially reasonable
efforts to come into compliance, then the other Party may terminate this Agreement upon written notice thereof, provided that in the event of such a termination by Licensee of this Agreement in its entirety pursuant to the provisions further
above in this Section 8.1(a)(iii) for failure by Licensor to be in compliance with the applicable Complaint Threshold then Licensor shall assign all of its right, title and interest in the Marks to Licensee. 

(iv) In the event that a Party materially breaches this Agreement and such breach has a material adverse impact on the business
or reputation, taken as a whole, of the non-breaching Party, and the breaching Party fails to cure such breach, or if such breach is not reasonably curable during such time period fails to implement steps reasonably intended to cure or remedy such
breach, within sixty (60) days’ written notice from the non-breaching Party, this Agreement may be terminated upon written notice by the non-breaching Party, and if this Agreement is so terminated by Licensee then Licensor shall assign all
of its right, title and interest in the Marks to Licensee. 
 (v) Licensee shall have the right at any time to terminate this
Agreement upon written notice to Licensor. 
 Section 8.2 Effect of Termination. 

(a) Upon the termination of this Agreement, unless termination occurs by Licensee pursuant to Section 8.1(a)(iii)
or 8.1(a)(iv), the Licensee shall and shall cause each of its sublicensees to no later than one (1) year following such termination: 

(i) cease any and all use of the Marks and any mark confusingly similar thereto; 

(ii) change all corporate and trade names to not include the Marks or any mark confusingly similar thereto; 

(iii) destroy and require all agents and employees to destroy all materials; and 

(iv) send a written statement to the Licensor verifying that it has complied with the foregoing clauses (i)–(iii). 

  
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 (b) Upon the termination of this Agreement by Licensee pursuant to
Section 8.1(a)(iii) or 8.1(a)(iv), the Licensor shall and shall cause each of its sublicensees to no later than one (1) year following such termination: 

(i) cease any and all use of the Marks and any mark confusingly similar thereto; 

(ii) change all corporate and trade names to not include the Marks or any mark confusingly similar thereto; 

(iii) destroy and require all agents and employees to destroy all materials; and 

(iv) send a written statement to the Licensee verifying that it has complied with the foregoing clauses (i)–(iii). 

Section 8.3 Rights and Remedies. The rights and remedies of Licensor set forth in this Article VIII are in addition to all other
rights and remedies available at law or equity. 
 ARTICLE IX 

CONFIDENTIALITY 
 Section 9.1
Confidentiality. Each of Licensor and Licensee, on behalf of itself and each member of its respective Group, agrees to hold, and to cause its respective Representatives to hold, in strict confidence, with at least the same degree of care that
applies to AWI’s confidential and proprietary information pursuant to policies in effect as of the Effective Date, all confidential and proprietary information concerning the other Party or any member of the other Party’s Group or their
respective businesses that may be in its possession as of the Effective Date or is furnished by any such other Party or any member of such Party’s Group or their respective Representatives at any time pursuant to this Agreement, and shall not
use any such confidential and proprietary information other than for such purposes as shall be expressly permitted hereunder, except, in each case, to the extent that such confidential and proprietary information has been (i) in the public
domain or generally available to the public, other than as a result of a disclosure by such Party or any member of such Party’s Group or any of their respective Representatives in violation of this Agreement, (ii) later lawfully acquired
from other sources by such Party (or any member of such Party’s Group) which sources are not themselves bound by a confidentiality obligation or other contractual, legal or fiduciary obligation of confidentiality with respect to such
confidential and proprietary information, or (iii) independently developed or generated without reference to or use of any proprietary or confidential information of the other Party or any member of such Party’s Group. 

Section 9.2 Protective Arrangements. In the event that a Party or any member of its Group either determines on the advice of its
counsel that it is required to disclose any information pursuant to applicable Law or receives any request or demand under lawful process or from any Governmental Authority to disclose or provide information of the other Party (or any member of the
other Party’s Group) that is subject to the confidentiality provisions hereof, such Party shall notify the other Party (to the extent legally permitted) as promptly as practicable under the 

  
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circumstances prior to disclosing or providing such information and shall cooperate, at the expense of the other Party, in seeking any appropriate protective order requested by the other Party.
In the event that such other Party fails to receive such appropriate protective order in a timely manner and the Party receiving the request or demand reasonably determines that its failure to disclose or provide such information shall actually
prejudice the Party receiving the request or demand, then the Party that received such request or demand may thereafter disclose or provide information to the extent required by such Law (as so advised by its counsel) or by lawful process or such
Governmental Authority, and the disclosing Party shall promptly provide the other Party with a copy of the information so disclosed, in the same form and format so disclosed, together with a list of all Persons to whom such information was
disclosed, in each case to the extent legally permitted. 
 ARTICLE X 

MISCELLANEOUS 
 Section 10.1
Counterparts; Entire Agreement; Corporate Power. 
 (a) This Agreement may be executed in one or more counterparts, all of which
shall be considered one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the Parties and delivered to the other Party. 

(b) This Agreement and the Exhibits, Schedules and appendices hereto, and the Separation Agreement, contain the entire agreement between the
Parties with respect to the subject matter hereof, supersede all previous agreements, negotiations, discussions, writings, understandings, commitments and conversations with respect to such subject matter, and there are no agreements or
understandings between the Parties other than those set forth or referred to herein or therein. In the case of any conflict between this Agreement and the Separation Agreement in relation to any matters addressed by this Agreement, the Separation
Agreement shall prevail. 
 (c) AWI represents on behalf of itself and each other member of the AWI Group, and AFI represents on behalf of
itself and each other member of the AFI Group, as follows: 
 (i) each such Person has the requisite corporate or other power
and authority and has taken all corporate or other action necessary in order to execute, deliver and perform this Agreement to which it is a party and to consummate the transactions contemplated hereby and thereby; and 

(ii) this Agreement to which it is a party has been duly executed and delivered by it and constitutes a valid and binding
agreement of it enforceable in accordance with the terms thereof. 
 (d) Each Party acknowledges that this Agreement may be executed by
facsimile, stamp or mechanical signature, and that delivery of an executed counterpart of a signature page to this Agreement (whether executed by manual, stamp or mechanical signature) 

  
 20 

 
by facsimile or by email in portable document format (PDF) shall be effective as delivery of such executed counterpart of this Agreement. Each Party expressly adopts and confirms each such
facsimile, stamp or mechanical signature (regardless of whether delivered in person, by mail, by courier, by facsimile or by email in portable document format (PDF)) made in its respective name as if it were a manual signature delivered in person,
agrees that it will not assert that any such signature or delivery is not adequate to bind such Party to the same extent as if it were signed manually and delivered in person and agrees that, at the reasonable request of the other Party at any time,
it will as promptly as reasonably practicable cause this Agreement to be manually executed (any such execution to be as of the date of the initial date thereof) and delivered in person, by mail or by courier. 

Section 10.2 Governing Law. This Agreement (and any claims or disputes arising out of or related hereto or to the transactions
contemplated hereby or to the inducement of any party to enter herein, whether for breach of contract, tortious conduct or otherwise and whether predicated on common law, statute or otherwise) shall be governed by and construed and interpreted in
accordance with the Laws of the State of Delaware irrespective of the choice of laws principles of the State of Delaware including all matters of validity, construction, effect, enforceability, performance and remedies. 

Section 10.3 Dispute Resolution. 

(a) Good Faith Negotiation. Any dispute, controversy or claim arising out of or relating to this Agreement (a
“Dispute”), shall initially be referred to the Transition Committee (as defined in the Separation Agreement, and for so long as such Transition Committee exists) for resolution. If the Transition Committee (as defined in the
Separation Agreement) is unable to resolve such Dispute within thirty (30) days (or if such Transition Committee no longer exists), then either Party may provide written notice thereof to the other Party (the “Initial Notice”),
and the Parties shall thereafter attempt in good faith to negotiate a resolution of the Dispute. The negotiations shall be conducted by executives who hold, at a minimum, the title of vice president and who have authority to settle the Dispute. All
such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. 

(b) In the event that a Dispute has not been resolved within sixty (60) days after receipt by a Party of an Initial Notice, or within
such longer period as the Parties may agree to in writing, then each Party hereby agrees and consents to be subject to the jurisdiction of the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery lacks
jurisdiction over such dispute, in any state or federal court having jurisdiction over the matter situated in New Castle County, Delaware, to resolve any such unresolved Dispute in any suit, action or proceeding seeking to enforce any provision of,
or based on any other matter arising out of or in connection with, this Agreement or the transactions contemplated hereby. Each Party hereby irrevocably consents to the service of any and all process in any such suit, action or proceeding by the
delivery of such process to such Party at the address and in the manner provided in Section 10.7 hereof. Each of the Parties hereto irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or
proceeding arising out of this Agreement or the transactions contemplated hereby in the Court of Chancery of the State of Delaware in and for New Castle County, or if the Court of Chancery 

  
 21 

 
lacks jurisdiction over such dispute, in any state or federal court having jurisdiction over the matter situated in New Castle County, Delaware, and hereby further irrevocably and unconditionally
waives and agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. 

(c) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND
DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR THE
BREACH, TERMINATION OR VALIDITY OF THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH SUCH PARTY MAKES THIS WAIVER
VOLUNTARILY AND (iv) EACH SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 10.3(c). 

(d) Notwithstanding the foregoing provisions of this Section 10.3, a Party may seek preliminary provisional or injunctive judicial
relief with respect to a Dispute without first complying with the procedures set forth in Section 10.3(a) if such action is reasonably necessary to avoid irreparable damage. 

(e) Unless otherwise agreed in writing, the Parties shall, and shall cause their respective members of their Group to, continue to honor all
commitments under this Agreement to the extent required by this Agreement during the course of dispute resolution pursuant to the provisions of this Section 10.3, unless such commitments are the specific subject of the Dispute at issue.

 Section 10.4 Assignability. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective
successors and permitted assigns; provided, however, that neither Party may assign its rights or delegate its obligations under this Agreement without the express prior written consent of the other Party hereto. Notwithstanding the
foregoing, no such consent shall be required for the assignment of a Party’s rights and obligations under this Agreement in whole (i.e., the assignment of a Party’s rights and obligations under this Agreement all at the same time) in
connection with a change of control of a Party so long as the resulting, surviving or transferee Person assumes all the obligations of the relevant party thereto by operation of Law or pursuant to an agreement in form and substance reasonably
satisfactory to the other Party. Nothing herein is intended to, or shall be construed to, prohibit either Party or any member of its Group from being party to or undertaking a change of control. 

Section 10.5 Third-Party Beneficiaries. Except for the indemnification rights under this Agreement of any AWI Indemnitee or AFI
Indemnitee in their respective capacities as such, and 

  
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as set forth in Article VII (a) the provisions of this Agreement are solely for the benefit of the Parties and are not intended to confer upon any Person except the Parties any rights
or remedies hereunder, and (b) there are no third-party beneficiaries of this Agreement and this Agreement shall not provide any third person with any remedy, claim, Liability, reimbursement, claim of action or other right in excess of those
existing without reference to this Agreement. 
 Section 10.6 Recovery of Fees. In the event that any Action is instituted or
commenced by either Party hereto against the other Party as a result of a Dispute, the Party that substantially prevails in such Action as determined by a final, nonappealable judgment of an arbitration or court shall be entitled to recover its
reasonable attorneys’ fees and other costs incurred in such Action from the non-prevailing party. 
 Section 10.7 Notices. 

(a) All notices, requests, claims, demands or other communications under this Agreement shall be in writing and shall be given or made (and
shall be deemed to have been duly given or made upon receipt) by delivery in person, by electronic mail (for which a confirmation email is obtained), or sent by overnight courier (providing proof of delivery) to the respective Parties at the
following addresses (or at such other address for a Party as shall be specified in a notice given in accordance with this Section 10.7): 
  

					
	 If to AWI, to:

		
		 	Armstrong World Industries, Inc.
		 	P.O. Box 3001
		 	Lancaster, PA 17604
		 	Email: mahershey@armstrongceilings.com
		 	Attention:	 	General Counsel
	
	 with a copy to:

		
		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 	Four Times Square
		 	New York, New York 10036
		 	Email:	 	Peter.Atkins@skadden.com
		 		 	Eric.Cochran@skadden.com
		 	Attention:	 	Peter A. Atkins
		 		 	Eric L. Cochran
			
		 	and	 	
		
		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 	One Rodney Square
		 	920 N. King Street
		 	Wilmington, DE 19801
		 	Email:	 	Steven.Daniels@skadden.com
		 	Attention:	 	Steven J. Daniels

  
 23 

					
	 If to AFI, to:

		
		 	Armstrong Flooring, Inc.
		 	P.O. Box 3025
		 	Lancaster, PA 17604
		 	Email: csparisi@armstrongflooring.com
		 	Attention:	 	General Counsel
	
	 with a copy (prior to the Distribution Effective Time (as defined in the Separation Agreement)) to:

		
		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 	Four Times Square
		 	New York, New York 10036
		 	Email:	 	Peter.Atkins@skadden.com
		 		 	Eric.Cochran@skadden.com
		 	Attention:	 	Peter A. Atkins
		 		 	Eric L. Cochran
			
		 	and	 	
		
		 	Skadden, Arps, Slate, Meagher & Flom LLP
		 	920 N. King Street
		 	Wilmington, DE 19801
		 	Email:	 	Steven.Daniels@skadden.com
		 	Attention:	 	Steven J. Daniels

 A Party may, by notice to the other Party, change the address to which such notices are to be given. 

Section 10.8 Force Majeure. No Party shall be deemed in default of this Agreement for any delay or failure to fulfill any obligation
(other than a payment obligation) hereunder or thereunder so long as and to the extent to which any delay or failure in the fulfillment of such obligation is prevented, frustrated, hindered or delayed as a consequence of circumstances of Force
Majeure (as defined in the Separation Agreement). In the event of any such excused delay, the time for performance of such obligations (other than a payment obligation) shall be extended for a period equal to the time lost by reason of the delay. A
Party claiming the benefit of this provision shall, as soon as reasonably practicable after the occurrence of any such event, (a) provide written notice to the other Party of the nature and extent of any such Force Majeure condition; and
(b) use commercially reasonable efforts to remove any such causes and resume performance under this Agreement, as soon as reasonably practicable. 

Section 10.9 Headings. The article, section and paragraph headings contained in this Agreement are for reference purposes only and
shall not affect in any way the meaning or interpretation of this Agreement. 
 Section 10.10 Waivers of Default. Waiver by a Party
of any default by the other Party of any provision of this Agreement shall not be deemed a waiver by the waiving Party of any 

  
 24 

 
subsequent or other default, nor shall it prejudice the rights of the other Party. No failure or delay by a Party in exercising any right, power or privilege under this Agreement shall operate as
a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege. 

Section 10.11 Specific Performance. Subject to the provisions of Section 10.3, in the event of any actual or threatened
default in, or breach of, any of the terms, conditions and provisions of this Agreement, the Party who is thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief in respect of its or their rights under
this Agreement, in addition to any and all other rights and remedies at law or in equity, and all such rights and remedies shall be cumulative. The Parties agree that the remedies at law for any breach or threatened breach, including monetary
damages, are inadequate compensation for any loss and that any defense in any action for specific performance that a remedy at law would be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are waived by
each of the Parties. 
 Section 10.12 Amendments. No provisions of this Agreement shall be deemed waived, amended, supplemented or
modified by a Party, unless such waiver, amendment, supplement or modification is in writing and signed by the authorized representative of the Party against whom it is sought to enforce such waiver, amendment, supplement or modification. 

Section 10.13 Interpretation. In this Agreement (a) words in the singular shall be deemed to include the plural and vice versa and
words of one gender shall be deemed to include the other genders as the context requires, (b) the terms “hereof,” “herein,” and “herewith” and words of similar import shall, unless otherwise stated, be construed to
refer to this Agreement as a whole (including all of the Schedules, Exhibits and Appendices hereto and thereto) and not to any particular provision of this Agreement, (c) Article, Section, Schedule, Exhibit and Appendix references are to the
Articles, Sections, Schedules, Exhibits and Appendices to this Agreement unless otherwise specified, (d) unless otherwise stated, all references to any agreement shall be deemed to include the exhibits, schedules and annexes to such agreement,
(e) the word “including” and words of similar import when used in this Agreement shall mean “including, without limitation,” unless otherwise specified, (f) the word “or” shall not be exclusive,
(g) unless otherwise specified in a particular case, the word “days” refers to calendar days, (h) references to “business day” shall mean any day other than a Saturday, a Sunday or a day on which banking institutions
are generally authorized or required by law to close in the United States or Lancaster, Pennsylvania, (i) references herein to this Agreement or any other agreement contemplated herein shall be deemed to refer to this Agreement or such other
agreement as of the date on which it is executed and as it may be amended, modified or supplemented thereafter, unless otherwise specified, and (j) unless expressly stated to the contrary in this Agreement, all references to “the date
hereof,” “the date of this Agreement,” “hereby” and “hereupon” and words of similar import shall all be references to the Effective Date. 

Section 10.14 Limitations of Liability. Notwithstanding anything in this Agreement to the contrary, neither AFI or any member of the
AFI Group, on the one hand, nor AWI or any member of the AWI Group, on the other hand, shall be liable under this Agreement to the other for any indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages
of the other arising in connection with the transactions contemplated hereby (other than any such Liability with respect to a Third-Party Claim). 

  
 25 

 Section 10.15 Performance. AWI will cause to be performed, and hereby guarantees the
performance of, all actions, agreements and obligations set forth in this Agreement to be performed by any member of the AWI Group. AFI will cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set
forth in this Agreement to be performed by any member of the AFI Group. Each Party (including its permitted successors and assigns) further agrees that it will (a) give timely notice of the terms, conditions and continuing obligations contained
in this Agreement to all of the other members of its Group and (b) cause all of the other members of its Group not to take any action or fail to take any such action inconsistent with such Party’s obligations under this Agreement. 

Section 10.16 Mutual Drafting. This Agreement shall be deemed to be the joint work product of the Parties and any rule of construction
that a document shall be interpreted or construed against a drafter of such document shall not be applicable. 
 [Remainder of page
intentionally left blank] 

  
 26 

 IN WITNESS WHEREOF, the Parties have caused this Trademark License Agreement to be executed by
their duly authorized representatives. 
  

			
	ARMSTRONG WORLD INDUSTRIES, INC.
		
	By:	 	 /s/ Brian L. MacNeal

		 	Name: Brian L. MacNeal
		 	Title: Authorized Officer
	
	AWI LICENSING LLC
		
	By:	 	 /s/ /Stephen F. McNamara

		 	Name: Stephen F. McNamara
		 	Title: Authorized Officer
	
	ARMSTRONG FLOORING, INC.
		
	By:	 	 /s/ John W. Thompson

		 	Name: John W. Thompson
		 	Title: Authorized officer

 [Signature Page to Trademark License Agreement]

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