Document:

EX-10.6

 Exhibit 10.6 

[FORM OF] INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (this “Agreement”), is effective as of
                    , 2015 by and between TerraForm Global, Inc., a Delaware corporation (“Company”), and
                     (“Indemnitee”). 

RECITALS 

WHEREAS, Indemnitee performs a valuable service to the Company in his or her capacity as a director and/or officer of
the Company; 
 WHEREAS, the Company has adopted provisions in its by-laws providing for indemnification of its
officers and directors to the fullest extent permitted by applicable law, and the Company wishes to clarify and enhance the rights and obligations of the Company and Indemnitee with respect to indemnification; 

WHEREAS, in order to induce Indemnitee to continue to serve in his or her capacity as an officer and/or director of the
Company, the Company has determined and agreed to enter into this Agreement with Indemnitee; 
 NOW,
THEREFORE, in consideration of Indemnitee’s continued service with the Company after the date hereof, the parties hereto agree as follows: 

AGREEMENT 

1. Services to the Company. Indemnitee will serve as a director and/or officer of the Company or, as applicable, as a director
and/or officer of one or more Company affiliates (including any employee benefit plan of the Company) (collectively referred to herein as the “Indemnitor”) faithfully and to the best of his or her ability so long as he or she is
duly elected and qualified in accordance with the provisions of the Act, the Articles or other applicable charter documents of the Company or such affiliate; provided, however, that Indemnitee may at any time and for any reason resign from
such positions (subject to any contractual obligation Indemnitee may have assumed apart from this Agreement), and that the Company or any affiliate shall have no obligation under this Agreement to continue Indemnitee in any such position. 

2. Indemnity of Indemnitee; Insurance. Subject to, and to the maximum extent permitted by the Company’s by-laws and the
General Corporate Law of the State of Delaware (the “DGCL”) in effect on the date hereof or as such law may from time to time be amended (but, in the case of any such amendment, only to the extent that such amendment permits the
Company to provide broader indemnification rights than said law permitted the Company to provide prior to such amendment), and further subject to the exclusions set forth in Clause 4 hereof, the Company hereby agrees to hold harmless and indemnify
Indemnitee from and against, and subject to Section 11, advance expenses (including all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, costs of any appeal bond, witness fees, travel expenses,
duplicating costs and printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or
defend, investigating, or being or preparing to be a witness in a legal proceeding (collectively, the “Expenses”) to Indemnitee in connection with all matters of whatsoever nature and howsoever arising by reason of, or in connection
with, Indemnitee’s provision of services under Section 1 above. During all periods that Indemnitee is providing services under Section 1 above, the Company shall maintain directors’ and officers’ insurance with
reputable insurance companies for the benefit of Indemnitee with insurers, and at coverage levels, customary for companies comparable in size and business to the Company. If at any date (i) such 

 
insurance ceases to cover acts and omissions occurring during all or part of any of the period that Indemnitee is providing services under Section 1, (ii) Indemnitor does not
maintain any such insurance or (iii) Indemnitor changes insurance providers, Indemnitor shall ensure that Indemnitee is covered, with respect to acts and omissions prior to such date, for at least six years (or such shorter period as is
available on commercially reasonably terms) from such date, by other directors and officers liability insurance, in amounts and on terms at least as favorable to Indemnitee as the amounts and terms of the most favorable liability insurance
maintained by Indemnitor on and after the date hereof during the period Indemnitee is providing services under Section 1. 

3. Additional Indemnity. In addition to and not in limitation of the indemnification otherwise provided for herein, and subject
only to the exclusions set forth in Section 4 hereof, the Company hereby further agrees to hold harmless and indemnify Indemnitee: 

(a) in the event of any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation,
administrative hearing or any other proceeding whether civil, criminal, administrative or investigative (a “Proceeding”) by Indemnitee or Indemnitor to enforce or interpret this Agreement or any rights of Indemnitee to
indemnification or advancement of Expenses (or related obligations of Indemnitee) under Indemnitor’s certificate of incorporation, by-laws or any other agreement to which Indemnitee and Indemnitor are party or by which Indemnitor or any of the
Related Entities are bound, any vote of stockholders or directors of Indemnitor, the DGCL, any other applicable law or any liability insurance policy, Indemnitor shall indemnify Indemnitee against Expenses incurred by Indemnitee or on
Indemnitee’s behalf in connection with such Proceeding in proportion to the success achieved by Indemnitee in such Proceeding and the efforts required to obtain that success, as determined by the court presiding over such Proceeding; and 

(b) against any and all Expenses that Indemnitee becomes legally obligated to pay because of any Proceeding (including an action by or in the
right of the Company) to which Indemnitee is, was or at any time becomes a party, or is threatened to be made a party, by reason of the fact that Indemnitee is, was or at any time becomes a director, auditor, secretary, other officer or agent of the
Company, or is or was serving or at any time serves at the Company’s request as a director, officer, employee or other agent of another company, partnership, joint venture, trust, employee benefit plan or other enterprise. 

4. Limitations on Indemnity. The indemnification by the Company of Indemnitee pursuant to this Agreement excludes any Expenses
or other costs as described in Sections 2, 3, and 8 hereof: 
 (a) to the extent prohibited by the DGCL or the
Company’s certificate of incorporation or by-laws; 
 (b) on account of any determination or judgment against Indemnitee solely for an
accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the United States Securities Exchange Act of 1934 and amendments thereto or similar provisions of any
United States federal, state or local statutory law; 
 (c) on account of Indemnitee’s conduct that is established by a final judgment
as knowingly fraudulent or deliberately dishonest or that constituted willful misconduct; 
 (d) on account of Indemnitee’s conduct that
is established by a final judgment as constituting a breach of Indemnitee’s duty of loyalty to the Company or resulting in any personal profit or advantage to which Indemnitee was not legally entitled; 

  
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 (e) for which payment is actually made to Indemnitee under a valid and collectible insurance
policy or under a valid and enforceable indemnity clause, article or agreement, except in respect of any excess beyond payment under such insurance, clause, article or agreement; 

(f) in connection with any Proceeding (or part thereof) initiated by Indemnitee, or any Proceeding by Indemnitee against the Company or its
directors, officers, employees or other agents, unless (i) such indemnification is expressly required to be made by law, (ii) the Proceeding was authorized by the Board of Directors of the Company, (iii) such indemnification is
provided by the Company, in its sole discretion, pursuant to the powers vested in the Company under the Act, or (iv) the Proceeding is initiated pursuant to Sections 6 or 12 hereof. 

5. Determination. 

(a) Indemnitor intends that Indemnitee shall be indemnified to the fullest extent permitted by law as provided in Section 2 and
that no Determination (as defined below) shall be required in connection with such indemnification; 
 (b) For purposes of this Agreement,
“Determination” means a decision, opinion, judgment or determination by a court that either (i) there is a reasonable basis for the conclusion that indemnification of Indemnitee is proper in the circumstances because Indemnitee
met a particular standard of conduct (a “Favorable Determination”) or (ii) there is no reasonable basis for the conclusion that indemnification of Indemnitee is proper in the circumstances because Indemnitee met a particular
standard of conduct (an “Adverse Determination”). An Adverse Determination shall include the decision that a Determination was required in connection with indemnification and the decision as to the applicable standard of conduct;

 (c) Any decision that a Determination is required by law shall be made within 20 days after receipt of Indemnitee’s written request
for indemnification by (i) a majority vote of the members of the Board of Directors of Indemnitor who are not parties to such Proceeding, even though less than a quorum, with the advice of Independent Legal Counsel (as defined below), or
(ii) by a committee of such members designated by majority vote of such members, even though less than a quorum, with the advice of Independent Legal Counsel, or (iii) if there are no such members, or if such members so direct, by
Independent Legal Counsel in a written opinion to Indemnitor and Indemnitee, or (iv) by the members or stockholders of Indemnitor; 

(d) “Independent Legal Counsel” means an attorney or firm of attorneys competent to render an opinion under the applicable law
who has not otherwise performed any services for Indemnitor or Indemnitee within the last three years (other than with respect to matters concerning the rights of indemnitees under indemnity agreements). Indemnitor shall pay the fees and expenses of
Independent Legal Counsel and indemnify Independent Legal Counsel against any and all expenses (including attorneys’ fees), claims, liabilities and damages arising out of or relating to its engagement. 

6. Consequences of Determination; Remedies of Indemnitee. Indemnitor shall be bound by, and shall have no right to challenge, a
Favorable Determination. If an Adverse Determination is made, or if for any other reason Indemnitor does not make timely indemnification payments or advances of Expenses, Indemnitee shall have the right to commence a Proceeding before a court of
competent jurisdiction to challenge such Adverse Determination and/or to require Indemnitor to make such payments or advances. Indemnitee shall be entitled to be indemnified for all Expenses incurred in connection with such a Proceeding in
accordance with Section 3(a) and to have such Expenses advanced by Indemnitor in accordance with Section 11. If Indemnitee fails to timely challenge an Adverse Determination, or if Indemnitee challenges an Adverse Determination and such
Adverse Determination has been upheld by a final judgment of a court of competent jurisdiction from which no appeal can be taken, then, to the extent and only to the extent required by such Adverse Determination or final judgment, Indemnitor shall
not be obligated to indemnify or advance Expenses to Indemnitee under this Agreement. 

  
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 7. Presumptions; Burden and Standard of Proof. In connection with any
Determination, or any review of any Determination, by any person, including a court: 
 (a) It shall be a presumption that a Determination is
not required; 
 (b) It shall be a presumption that Indemnitee has met the applicable standard of conduct and that indemnification of
Indemnitee is proper in the circumstances; 
 (c) The burden of proof shall be on Indemnitor to overcome the presumptions set forth in the
preceding clauses (a) and (b), and each such presumption shall only be overcome if Indemnitor establishes that there is no reasonable basis to support it; 

(d) The termination of any Proceeding by judgment, order, finding, settlement (whether with or without court approval) or conviction, or upon
a plea of nolo contendere, or its equivalent, shall not create a presumption that indemnification is not proper or that Indemnitee did not meet the applicable standard of conduct or that a court has determined that
indemnification is not permitted by this Agreement or otherwise; and 
 (e) Neither the failure of any person or persons to have made a
Determination nor an Adverse Determination by any person or persons shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee did not meet the applicable standard of conduct, and any Proceeding commenced by
Indemnitee pursuant to Section 6 shall be de novo with respect to all determinations of fact and law. 
 8.
Continuation of Indemnity. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is a director, officer, employee or other agent of the Company (or is or was serving at the request of
the Company as a director, officer, employee or other agent of another company, partnership, joint venture, trust, employee benefit plan or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any possible claim
or threatened, pending, or completed Proceeding by reason of the fact that Indemnitee was serving in the capacity referred to herein. 

9. Partial Indemnification. Subject to the exclusions in Section 4 hereof, Indemnitee shall be entitled under this
Agreement to indemnification by the Company for a portion of the expenses (including attorneys’ fees), witness fees, damages, judgments, fines and amounts paid in settlement and any other amounts that Indemnitee becomes legally obligated to pay
in connection with any Proceeding referred to in Section 3 hereof even if not entitled hereunder to indemnification for the total amount thereof, and the Company shall indemnify Indemnitee for the portion thereof to which Indemnitee is
entitled. 
 10. Notification and Defense of Claim. As soon as practicable after Indemnitee’s receipt of notice of the
commencement of any Proceeding with respect to which Indemnitee may make a claim in respect thereof against the Company under this Agreement, Indemnitee will notify the Company in writing of the commencement thereof; but any omission to so notify
the Company will not relieve the Company of any liability it may have to Indemnitee under this Agreement except to the extent, and only to the extent, it can be shown that Indemnitor is materially prejudiced by the failure to timely notify. Further,
no such failure to notify shall relieve the Company of any liability it may have to Indemnitee other than under this Agreement. 

  
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 With respect to any Proceeding for which Indemnitee provides notice to the Company of the
commencement thereof: 
 (a) the Company will be entitled to participate therein at its own expense; 

(b) except as otherwise provided below, the Company may, at its option and jointly with any other indemnifying party similarly notified and
electing to assume such defense, assume the defense thereof, with counsel reasonably satisfactory to Indemnitee. After notice from the Company to Indemnitee of its election to assume the defense thereof, the Company will not be liable to Indemnitee
under this Agreement for any legal or other expenses subsequently incurred by Indemnitee in connection with the defense thereof, except for reasonable costs of investigation or otherwise as provided below. Indemnitee shall have the right to employ
separate counsel in such Proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of Indemnitee unless (i) the Company authorizes
Indemnitee’s employment of separate counsel, (ii) Indemnitee reasonably concludes, and so notifies the Company, that there is an actual conflict of interest between the Company and Indemnitee in the conduct of the defense of such action,
or (iii) the Company shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses of Indemnitee’s separate counsel shall be at the Company’s expense. The Company shall not
be entitled to assume the defense of any Proceeding brought by or on behalf of the Company or as to which Indemnitee shall have made the conclusion provided for in clause (ii) above; 

(c) the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim
effected without its written consent, which shall not be unreasonably withheld. The Company shall be permitted to settle any action in its discretion, provided, however, that any such settlement of an action with respect to which Indemnitee is to be
indemnified hereunder shall include a full, unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgement that Indemnitee denies all wrongdoing in connection with such matters,
and provided further that no settlement may impose any penalty or limitation on Indemnitee without Indemnitee’s written consent, which Indemnitee may give or withhold in Indemnitee’s sole discretion; 

(d) the Company shall, subject to Section 11, advance all expenses Indemnitee incurs in connection with such Proceeding no later
than 10 days following Indemnitee’s delivery of a written (i) request therefor and (ii) undertaking to repay said amounts if it is determined ultimately that Indemnitee is not entitled to be indemnified under the provisions of this
Agreement, the Articles, the Act or otherwise; and 
 (e) nothing in this Section 10 shall entitle Indemnitee to any
indemnification, reimbursement or payment other than in accordance with, and as permitted by, section 172 of the Act and applicable law. 

11. Advancement of Expenses. 

(a) The Company shall advance all reasonable Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding within fifteen
(15) days after the receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances from time to time, whether prior to or after the final disposition of such Proceeding, and without regard to whether
Indemnitee will ultimately be entitled to be indemnified for such Expenses and without regard to whether the person, or persons, or entity making the determination of Indemnitee’s entitlement to indemnification

  
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under Sections 2, 3, 8 and 9 (the “Reviewing Party”) hereof has determined that Indemnitee would not be permitted to be indemnified under applicable
law. Indemnitee shall repay such amounts advanced only if, and to the extent that it shall ultimately be determined in a decision by the Reviewing party from which no appeal can be taken, that Indemnitee is not entitled to be indemnified by
Indemnitor for such Expenses. Such repayment obligation shall be unsecured and shall not bear interest. Such statement or statements for requesting advanced payment by the Indemnitor shall reasonably evidence the Expenses incurred by or on behalf of
Indemnitee. Indemnitor shall not impose on Indemnitee additional conditions to advancement or require from Indemnitee additional undertakings regarding repayment. 

(b) The Company’s obligation to advance Expenses pursuant to Section 11(a) hereof shall be subject to the condition that, if,
when, and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under applicable law, the Company shall be entitled to be reimbursed by Indemnitee (who agrees to reimburse the Company) for all
such amounts theretofore paid; provided, however, that if Indemnitee has commenced or thereafter commences Proceedings hereunder to secure a determination that Indemnitee should be indemnified under applicable law, any determination
made by the Reviewing Party to the contrary shall not be binding and Indemnitee shall not be required to reimburse the Company for any Expenses advanced until a final judicial determination is made with respect thereto. Any required reimbursement of
Expenses by Indemnitee shall be made by Indemnitee to the Company within fifteen (15) days following the adverse determination that Indemnitee would not be entitled to indemnification. 

12. Enforcement. Any right to indemnification or advances granted by this Agreement to Indemnitee shall be enforceable by or on
behalf of Indemnitee in any court of competent jurisdiction if (i) the claim for indemnification or advances is denied, in whole or in part, or (ii) no disposition of such claim is made within sixty (60) days of request therefor.
Indemnitee, in such enforcement action, if successful in whole or in part, shall be entitled to be paid also the expense of prosecuting his or her claim. It shall be a defense to any action for which a claim for indemnification is made under
Sections 2, 3 or 8 hereof that Indemnitee is not entitled to indemnification because of the limitations set forth in Section 4 hereof. Neither the failure of the Company (including its Board of Directors or its
members) to have made a determination prior to the commencement of such enforcement action that indemnification of Indemnitee is proper in the circumstances, nor an actual determination by the Company (including its Board of Directors or its
members) that such indemnification is improper shall be a defense to the action or create a presumption that Indemnitee is not entitled to indemnification under this Agreement or otherwise. 

13. Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to
all of the rights of recovery of Indemnitee, who shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 

14. Exculpation 

(a) To the fullest extent permitted by law, and within the control of the Indemnitor, Indemnitee shall not be personally liable for monetary
damages or otherwise to Indemnitor or its stockholders for any action, omission or, breach of duty. 
 (b) To the fullest extent permitted by
law and within the control of Indemnitor, no legal action shall be brought and no cause of action shall be asserted by or in the right of Indemnitor against Indemnitee or Indemnitee’s estate, spouse, heirs, executors, personal or legal
representatives, administrators or assigns after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of Indemnitor shall be extinguished and deemed released unless asserted by the timely
filing of a legal action within such two-year period, provided that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 

  
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 15. Non-Exclusivity of Rights. The rights conferred on Indemnitee by this Agreement
shall not be exclusive of any other right which Indemnitee may have or hereafter acquire under any statute, provision of the Company’s certificate of incorporation or by-laws, any agreement, vote of stockholders or directors, or otherwise, both
as to action in his or her official capacity and as to action in another capacity while holding office. 
 16. Survival of
Rights. 
 (a) The rights conferred on Indemnitee by this Agreement shall continue after Indemnitee has ceased to be a director,
officer, employee or other agent of the Company, or to serve at the request of the Company as a director, officer, employee or other agent of another company, partnership, joint venture, trust, employee benefit plan or other enterprise, and shall
inure to the benefit of Indemnitee’s heirs, executors, and administrators. 
 (b) The Company shall require any successor (whether
direct or indirect, by purchase, merger, consolidation, or otherwise) to all or substantially all of the business or assets of the Company, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company
would be required to perform if no such succession had taken place. 
 17. Separability. Each of the provisions of this
Agreement is a separate and distinct agreement and independent of the others, so that if any provision hereof shall be held to be invalid for any reason, such invalidity or unenforceability shall not affect the validity or enforceability of the
other provisions hereof. Furthermore, if this Agreement shall be invalidated in its entirety on any ground, then the Company shall nevertheless indemnify Indemnitee to the fullest extent provided by the Articles, the Act, or any other applicable
law. 
 18. Governing Law. This Agreement shall be governed by, and its provisions construed, in accordance with the laws of
the State of Delaware, as applied to contracts between Delaware residents entered into and to be performed entirely within Delaware, without regard to the conflict of law principles thereof. Indemnitor and Indemnitee each irrevocably consents to the
jurisdiction of the courts of the State of Delaware for all purposes in connection with any Proceeding which arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be brought only in the state
courts of the State of Delaware. 
 19. Amendment and Termination. No amendment, modification, termination or cancellation of
this Agreement shall be effective unless in writing, signed by both parties hereto. 
 20. Identical Counterparts. This
Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original, but all of which together shall constitute but one and the same Agreement. Only one such counterpart need be produced to
evidence the existence of this Agreement. 
 21. Headings. The headings of the sections of this Agreement are inserted for
convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction hereof. 

  
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 22. Notices. All notices, requests, demands and other communications hereunder
shall be in writing and shall be deemed to have been duly given (i) upon delivery if delivered by hand to the party to whom such communication was directed or (ii) upon the third business day after the date on which such communication was
mailed if mailed by certified or registered mail with postage prepaid: 
 If to Indemnitee, at the address indicated on the signature page
hereof. 
 If to the Company, to: 

TerraForm Global, Inc. 
 7550
Wisconsin Avenue, 9th Floor 
 Bethesda, Maryland 20814 

Attn: General Counsel 
 or to
such other address as the Company may have furnished to Indemnitee. 
 23. Merger. This Agreement constitutes the entire
agreement between the parties concerning the subject matter hereof, and supersedes any and all prior agreements and understandings between them with respect thereto, provided that the provisions hereof shall not supersede the provisions of
Indemnitor’s certificate of incorporation or by-laws, any agreement, any vote of stockholders or directors, the DGCL or other applicable law, to the extent any such provisions shall be more favorable to Indemnitee than the provisions hereof.

  
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 IN WITNESS WHEREOF, the parties hereto have
executed this Agreement on and as of the day and year first above written. 
  

			
	TERRAFORM GLOBAL, INC.
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

  

			
	INDEMNITEE
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	
	
	 Address:
 c/o TerraForm Global,
Inc.
 7550 Wisconsin Avenue 9th Floor

Bethesda, MD 20814

  
 9EX-10.8

 Exhibit 10.8 

TERRAFORM GLOBAL, INC. 

2014 LONG-TERM INCENTIVE PLAN 

1. Establishment and Purpose. TerraForm Global, Inc. (f/k/a SunEdison Emerging Markets Yield, Inc.) hereby establishes, effective
September 28, 2014, an incentive compensation plan known as the “TerraForm Global, Inc. 2014 Long-Term Incentive Plan.” The purposes of the Plan are to (a) enable the Company and its Affiliates to attract and retain individuals
who will contribute to the Company’s long range success; (b) motivate key personnel to produce a superior return to the shareholders of the Company and its Affiliates by offering such individuals an opportunity to realize stock
appreciation, by facilitating stock ownership, and by rewarding them for achieving a high level of corporate performance; and (c) promote the success of the Company’s business. 

2. Definitions. The capitalized terms used in this Plan have the meanings set forth below. 

(a) “Affiliate” means each of the following: (a) any Subsidiary; (b) any Parent; (c) any
corporation, trade or business (including, without limitation, a partnership or limited liability company) which is directly or indirectly controlled 50% or more (whether by ownership of stock, assets or an equivalent ownership interest or voting
interest) by the Company or one of its Affiliates; (d) any trade or business (including, without limitation, a partnership or limited liability company) which directly or indirectly controls 50% or more (whether by ownership of stock, assets or
an equivalent ownership interest or voting interest) of the Company; and (e) any other entity in which the Company or any of its Affiliates has a material equity interest and which is designated as an “Affiliate” by resolution of the
Committee; provided that, unless otherwise determined by the Committee, the Common Stock subject to any Award constitutes “service recipient stock” for purposes of Section 409A of the Code or otherwise does not subject the Award to
Section 409A of the Code. For purposes of determining whether a “Termination” has occurred, SunEdison and its majority owned and controlled Affiliates shall at all times be deemed to be an “Affiliate” of the Company
notwithstanding SunEdison’s or, if applicable, SunEdison’s majority owned and controlled Affiliate’s, failure to meet any of the tests set forth above. 

(b) “Agreement” means a written agreement, contract, certificate or other instrument or document evidencing
the terms and conditions of an Award which may, in the discretion of the Company, be transmitted electronically to any Participant. Each Agreement shall be subject to the terms and conditions of the Plan. 

(c) “Award” means a grant made under this Plan in the form of Options, Stock Appreciation Rights, Restricted
Stock, Restricted Stock Units, Performance Shares or any Other Award, whether singly, in combination or in tandem. 
 (d)
“Board” means the Board of Directors of the Company. 
 (e) “Cause” shall mean, except as
otherwise provided in an Agreement (i) the failure of the Participant to make a good faith effort to substantially perform his or her duties (other than any such failure due to the Participant’s Disability) or Participant’s
insubordination with respect to a specific directive of the Participant’s supervisor or officer to which the Participant reports directly or indirectly; (ii) Participant’s dishonesty, gross negligence in the performance of his or her
duties hereunder or engaging in willful misconduct, which in the case of any such gross negligence, has caused or is reasonably expected to result in direct or indirect material injury to the Company or any of its Affiliates; (iii) breach by
Participant of any material provision of any written agreement with the Company or any of its Affiliates or material violation of any Company policy applicable to Participant; or (iv) Participant’s commission of a crime that constitutes a
felony or other crime of moral turpitude or fraud. If, subsequent to Participant’s Termination hereunder for other than Cause, it is determined in good faith by the Company that Participant’s employment could have been terminated for Cause
hereunder, Participant’s employment shall, at the election of the Company, be deemed to have been terminated for Cause retroactively to the date the events giving rise to Cause occurred. 

 (f) “Certificate” means the Company’s Amended and Restated
Certificate of Incorporation as the same may be amended from time to time after the date hereof. 
 (g) “Change
in Control” shall mean, except as otherwise provided in an Agreement, any of the following: 
 (i) any sale,
lease, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company or SunEdison to any Person or group of related Persons for purposes of Section 13(d) of the
Exchange Act (a “Group”), together with any affiliates thereof; 
 (ii) the commencement of the liquidation
or dissolution of the Company or SunEdison that occurs following the approval by the holders of capital stock of the Company or SunEdison, as applicable, of any plan or proposal for such liquidation or dissolution of the Company or SunEdison, as
applicable; 
 (iii) any Person or Group (other than the Company, any trustee or other fiduciary holding securities
under any employee benefit plan of the Company, SunEdison or its affiliates, or any company majority owned and controlled, directly or indirectly, by the stockholders of the Company or SunEdison, as applicable, in substantially the same proportions
as their ownership of Common Stock of the Company or SunEdison, as applicable) shall become the beneficial owner (within the meaning of Section 13(d) of the Exchange Act), directly or indirectly, of shares representing more than 50% of the
aggregate voting power of the issued and outstanding stock entitled to vote in the election of directors, managers or trustees (the “Voting Stock”) of the Company or SunEdison, as applicable, and such Person or Group actually has the power
to vote such shares in any such election; 
 (iv) the replacement of a majority of the Board or the SunEdison Board
over a two-year period from the directors who constituted the Board or the SunEdison Board, as applicable, at the beginning of such period, and such replacement shall not have been approved by a vote of at least a majority of the Board or the
SunEdison Board, as applicable, then still in office who either were members of such Board or the SunEdison Board, as applicable, at the beginning of such period; or 

(v) a merger, combination or consolidation of the Company or SunEdison with another entity in which holders of the
Common Stock of the Company or SunEdison immediately prior to the consummation of the transaction hold, directly or indirectly, immediately following the consummation of the transaction, 50% or less of the common equity interest or 50% or less of
the voting interest in the surviving corporation in such transaction. 
 Notwithstanding anything herein to the contrary, an event described
above shall be considered a Change in Control hereunder only if it also constitutes a “change in control event” under Section 409A of the Code, to the extent necessary to avoid the adverse tax consequences thereunder with respect to
any Award subject to Section 409A of the Code. Notwithstanding the foregoing, for purposes of the Plan, the occurrence of the Registration Date or any change in the composition of the Board within one year following the Registration Date shall
not be considered a Change in Control. 
 (h) “Change in Control Date” shall mean the date on which the
event giving rise to the Change in Control occurs, provided, in the case of a Change in Control defined in clause (ii) of the definition thereof, such date shall be the date on which the Company or SunEdison shall commence such liquidation or
dissolution. 
 (i) “Code” means the Internal Revenue Code of 1986, as amended and in effect from time to
time, or any successor thereto. Any reference to a section of the Code shall be deemed to include a reference to any regulations promulgated thereunder. 

 (j) “Committee” means the committee of directors duly appointed
by the Board to administer this Plan. In the absence of a specific appointment, “Committee” shall mean the Board. 

(k) “Common Stock” means, (i) prior to the Registration Date, the Class C Common Stock, $0.01 par value
per share, of the Company, unless otherwise provided in an Award Agreement, notwithstanding any provision of the Plan to the contrary, and (ii) following the Registration Date, the Class A Common Stock, $0.01 par value per share, of the
Company. 
 (l) “Company” means TerraForm Global, Inc. (f/k/a SunEdison Emerging Markets Yield, Inc.), a
Delaware corporation, or any successor to all or substantially all of its businesses by merger, consolidation, purchase of assets or otherwise. 

(m) “Continuous Service” means that the Participant’s service with the Company or an Affiliate, whether
as an Employee or consultant is not interrupted or terminated. The Participant’s Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an
Affiliate as an Employee or consultant or a change in the entity for which the Participant renders such service, provided that there is no interruption or Termination; provided further that if any Award is subject to Section 409A of the Code,
this sentence shall only be given effect to the extent consistent with Section 409A of the Code. The Committee or its delegate, in its sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of any
leave of absence approved by that party, including sick leave, military leave or any other personal or family leave of absences. 

(n) “Director” means a member of the Board. 

(o) “Disability” means, except as otherwise provided in an Agreement, that the Participant is unable to engage
in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months,
provided, however, for purposes of determining the term of an Incentive Stock Option, the term Disability shall have the meaning ascribed to it under Section 22(e)(3) of the Code. The determination of whether an individual has a Disability
shall be determined under procedures established by the Committee. Except in situations where the Committee is determining Disability for purposes of the term of an Incentive Stock Option within the meaning of Section 22(e) (3) of the
Code, the Committee may rely on any determination that a Participant is disabled for purposes of benefits under any long-term disability plan maintained by the Company or any Affiliate in which a Participant participates, provided that the
definition of disability applied under such disability plan meets the requirements of a Disability in the first sentence hereof. 

(p) “Eligible Employee” means any full-time or part-time employee (including an officer or director who is
also an employee) of the Company or an Affiliate. Except with respect to grants of Incentive Stock Options, “Eligible Employee” shall also include any consultant to the Company or an Affiliate. References in this Plan to
“employment” and related terms (except for references to “employee” in this definition of “Eligible Employee” or in Section 7(a)(i)) shall include the providing of services as a consultant or advisor. 

(q) “Exchange Act” means the Securities Exchange Act of 1934, as amended; “Exchange Act Rule 16b-3” means Rule 16b-3 promulgated by the Securities and Exchange Commission under the Exchange Act or any successor regulation. 

(r) “Fair Market Value” as of any date means, unless otherwise expressly provided in this Plan: 

(i) the closing sales price of a Share on the Nasdaq Global Select Market, or if Shares are not quoted on the Nasdaq
Global Select Market, on the New York Stock Exchange (“NYSE”) or any applicable nationally recognized stock exchange or, 

 (ii) if clause (i) is not applicable because the Shares are not
traded on a nationally recognized stock exchange, such value as the Committee reasonably determines in good faith to be 100% of the fair market value of a Share on that date, taking into account the requirements of Section 409A of the Code,
which determination shall be conclusive and binding on all persons. 
 In the case of an Incentive Stock Option, if such determination of Fair Market Value
is not consistent with the then current regulations of the Secretary of the Treasury, Fair Market Value shall be determined in accordance with said regulations. The determination of Fair Market Value shall be subject to adjustment as provided in
Section 13(f) hereof. 
 (s) “Fundamental Change” means a dissolution or liquidation of the Company, a
sale of substantially all of the assets of the Company (in one or a series of transactions), a merger or consolidation of the Company with or into any other corporation, regardless of whether the Company is the surviving corporation, or a statutory
share exchange involving capital stock of the Company. 
 (t) “Good Reason” means, except as otherwise
provided in an Agreement, the occurrence of one or more of the following, which circumstances are not remedied by the Company within thirty (30) days after its receipt of a written notice from the Participant describing the applicable
circumstances (which notice must be provided by the Participant within 90 days after the Participant’s knowledge of the applicable circumstances): (i) a material diminution in a Participant’s duties and responsibilities other than a
change in such Participant’s duties and responsibilities that results from becoming part of a larger organization following a Change in Control, (ii) a decrease in a Participant’s base salary, bonus opportunity or benefits other than
a decrease in benefits that applies generally to all employees of the Company or its Affiliates otherwise eligible to participate in the affected plan, or (iii) a relocation of a Participant’s primary work location more than 50 miles from
the work location immediately prior to the Change in Control, in each case, without written consent; provided that in each case, the Participant must actually terminate his or her employment within thirty (30) days following the Company’s
thirty (30)-day cure period specified herein. 
 (u) “Incentive Stock Option” means any Option designated as
such and granted in accordance with the requirements of Section 422 of the Code or any successor to such section. 

(v) “Non-Employee Director” means a member of the Board who is a “non-employee director” within the
meaning of Rule 16b-3. 
 (w) “Non-Qualified Stock Option” means an Option other than an Incentive
Stock Option. 
 (x) “Option” means a right to purchase Stock (or, if the Committee so provides in an
applicable Agreement, Restricted Stock), including both Non-Qualified Stock Options and Incentive Stock Options. 
 (y)
“Other Award” means a cash-based Award, an Award of Stock, or an Award based on Stock other than Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units or Performance Shares. 

(z) “Outside Director” means a member of the Board who is an “outside director” within the meaning
of Section 162(m) of the Code. 
 (aa) “Parent” means a “parent corporation,” as that term is
defined in Section 424(e) of the Code, or any successor provision. 
 (bb) “Participant” means an
Eligible Employee to whom an Award is granted pursuant to the Plan or, if applicable, such other person who validly holds an outstanding Award. 

 (cc) “Performance Criteria” means performance goals relating to
certain criteria as further described in Section 12 hereof. 
 (dd) “Performance Period” means one or
more periods of time in duration, as the Committee may select, over which the attainment of one or more performance goals will be measured for the purpose of determining which Awards, if any, are to vest or be earned. 

(ee) “Performance Shares” means a contingent award of a specified number of Shares or Units, with each
Performance Share equivalent to one or more Shares or a fractional Share or a Unit expressed in terms of one or more Shares or a fractional Share, as specified in the applicable Agreement, a variable percentage of which may vest or be earned
depending upon the extent of achievement of specified performance objectives during the applicable Performance Period. 

(ff) “Person” means an individual, partnership, corporation, limited liability company, unincorporated
organization, trust or joint venture, or a governmental agency or political subdivision thereof. 
 (gg)
“Plan” means this TerraForm Global, Inc. 2014 Long-Term Incentive Plan, as amended and in effect from time to time. 

(hh) “Registration Date” means the initial date on which the Company sells its Common Stock in a bona fide,
firm commitment underwriting pursuant to a registration statement under the Securities Act. 
 (ii) “Restricted
Stock” means Stock granted under Section 10 hereof so long as such Stock remains subject to one or more restrictions. 

(jj) “Restricted Stock Units” means Units of Stock granted under Section 10 hereof. 

(kk) “Securities Act” means the Securities Act of 1933, as amended and all rules and regulations promulgated
thereunder. Reference to a specific section of the Securities Act or regulation thereunder shall include such section or regulation, any valid regulation or interpretation promulgated under such section, and any comparable provision of any future
legislation or regulation amending, supplementing or superseding such section or regulation. 
 (ll) “Share”
means a share of Stock. 
 (mm) “Stock” means Common Stock, or any securities issued in respect thereof by
the Company or any successor to the Company as a result of an event described in Section 13(f). 
 (nn)
“Stock Appreciation Right” means a right pursuant to an Award granted under Section 8. 
 (oo)
“Subsidiary” means a “subsidiary corporation,” as that term is defined in Section 424(f) of the Code, or any successor provision. 

(pp) “Successor” with respect to a Participant means, except as otherwise provided in an Agreement, the legal
representative of an incompetent Participant and, if the Participant is deceased, the beneficiary, if any, designated on forms prescribed by and filed with the Committee. If no designation of a beneficiary has been made, or if the Committee shall be
in doubt as to the rights of any beneficiary, as determined in the Committee’s discretion, the Successor shall be the legal representative of the estate of the Participant or the person or persons who may, by bequest, inheritance, will, or the
laws of descent and distribution, or under the terms of an Award, acquire the right to exercise an Option or Stock Appreciation Right or receive cash and/or Shares issuable in satisfaction of an Award in the event of a Participant’s death. 

 (qq) “SunEdison” means SunEdison, Inc., a Delaware corporation.

 (rr) “SunEdison Board” means the board of directors of SunEdison. 

(ss) “Term” means the period during which an Option or Stock Appreciation Right may be exercised or the period
during which the restrictions placed on Restricted Stock, Restricted Stock Units, or any other Award are in effect. 

(tt) “Termination” means: (a) a termination of Continuous Service; or (b) when an entity which is
employing a Participant ceases to be an Affiliate, unless the Participant otherwise is, or thereupon becomes, employed by the Company or another Affiliate at the time the entity ceases to be an Affiliate. No Termination shall be deemed to occur
until such time as such Eligible Employee is no longer an Eligible Employee. Notwithstanding the foregoing, the Committee may otherwise define Termination in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define
Termination thereafter, provided that any such change to the definition of the term “Termination” does not cause such Award to be in violation of Section 409A of the Code. 

(uu) “Transition Period” means “Transition Period” means the period beginning with the Effective
Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the 12 month period following the Registration Date, (ii) the
expiration of the Plan, or (iii) the expiration of the applicable transition period under Treasury Regulation Section 1.162-27(f)(4)(iii). 

(vv) “Unit” means a bookkeeping entry that may be used by the Company to record and account for the grant of
Stock, Units of Stock, Stock Appreciation Rights, Performance Shares, and any other Award expressed in terms of Units of Stock until such time as the Award is paid, canceled, forfeited or terminated. No Shares shall be issued at the time of grant,
and the Company will not be required to set aside a fund for the payment of any such Award. 
 Except when otherwise indicated by the
context, reference to the masculine gender shall include, when used, the feminine gender and any term used in the singular shall also include the plural. 

3. Administration. 

(a) Authority of Committee. The Committee shall administer this Plan or delegate its authority to do so as provided in
Section 3(c) hereof. Subject to the terms of the Plan, the Committee’s charter and applicable laws, and in addition to other express powers and authorization conferred by the Plan, the Committee shall have the authority: 

(i) to construe and interpret the Plan and apply its provisions; 

(ii) to promulgate, amend, and rescind rules and regulations relating to the administration of the Plan; 

(iii) to authorize any person to execute, on behalf of the Company, any instrument required to carry out the purposes of
the Plan; 
 (iv) to delegate its authority to one or more officers of the Company with respect to Awards that do not
involve “covered employees” (within the meaning of Section 162(m) of the Code) or “directors” or “officers” within the meaning of Section 16 of the Exchange Act, to the extent permitted by applicable law;
provided that, in delegating such authority, the Committee shall specify the maximum number of Shares that may be awarded to any single employee and shall otherwise comply with applicable law; 

 (v) to determine when Awards are to be granted under the Plan and the
applicable grant date; 
 (vi) from time to time to select, subject to the limitations set forth in this Plan, those
Participants to whom Awards shall be granted; 
 (vii) to determine the number of shares of Stock or the amount of
cash to be made subject to each Award, subject to the limitations set forth in this Plan; 
 (viii) to determine
whether each Option is to be an Incentive Stock Option or a Non-Qualified Stock option; 
 (ix) to prescribe the terms
and conditions of each Award, including, without limitation, the Award type, the exercise price and medium of payment and vesting provisions, and to specify the provisions of the Agreement relating to such grant; 

(x) to determine the target number of Performance Shares to be granted pursuant to a Performance Share Award, the
performance measures that will be used to establish the performance goals, the performance period(s) and the number of Performance Shares earned by a Participant; 

(xi) to designate an Award (including a cash bonus) as a performance compensation Award and to select the performance
criteria that will be used to establish the performance goals; 
 (xii) to amend any outstanding Awards, including for
the purpose of modifying the time or manner of vesting, or the term of any outstanding Award; provided, however, that if any such amendment impairs a Participant’s rights or increases a Participant’s obligations under his or her Award or
creates or increases a Participant’s federal income tax liability with respect to an Award, such amendment shall also be subject to the Participant’s consent; 

(xiii) to determine whether, to what extent and under what circumstances Awards may be settled, paid or exercised in
cash, Shares or other Awards or other property, or canceled, forfeited, or suspended; 
 (xiv) to determine the
duration and purpose of leaves and absences which may be granted to a Participant without constituting a Termination for purposes of the Plan; 

(xv) to make decisions with respect to outstanding Awards that may become necessary upon a change in corporate control
or an event that triggers anti-dilution adjustments; 
 (xvi) to interpret, administer, or reconcile any inconsistency
in, correct any defect in and/or supply any omission in the Plan and any instrument or agreement relating to, or Award granted under, the Plan; and 

(xvii) to exercise discretion to make any and all other determinations which it determines to be necessary or advisable
for the administration of the Plan. 
 The Committee shall not have the right, without shareholder approval to (i) reduce or decrease the purchase
price for an outstanding Option or Stock Appreciation Right, (ii) cancel an outstanding Option or Stock Appreciation Right for the purpose of replacing or re-granting such Option or Stock Appreciation
Right with a purchase price that is less than the 

 
original purchase price, (iii) extend the expiration date of an Option or Stock Appreciation Right, or (iv) deliver stock, cash, or other consideration in exchange for the cancellation
of an Option or Stock Appreciation Right, the purchase price of which exceeds the Fair Market Value of the Shares underlying such Option or Stock Appreciation Right. 

(b) Committee Decisions Final. All decisions made by the Committee pursuant to the provisions of the Plan shall be final
and binding on the Company and the Participants, unless such decisions are determined by a court having jurisdiction to be arbitrary and capricious. 

(c) Delegation. The Committee may delegate administration of the Plan to a committee or committees of one or more
members of the Board, and the term “Committee” shall apply to any person or persons to whom such authority has been delegated. The Committee shall have the power to delegate to a subcommittee any of the administrative powers the Committee
is authorized to exercise (and references in this Plan to the Committee shall thereafter be to the committee or subcommittee), subject, however, to such resolutions, not inconsistent with the provisions of the Plan, as may be adopted from time to
time by the Board. The Board may abolish, suspend or supersede the Committee at any time and re-vest in the Board the administration of the Plan. The members of the Committee shall be appointed by and serve at the pleasure of the Board. From time to
time, the Board may increase or decrease the size of the Committee, add additional members to, remove members (with or without cause) from, appoint new members in substitution therefor, and fill vacancies, however, caused, in the Committee. The
Committee shall act pursuant to a vote of the majority of its members or, in the case of a Committee comprised of only two members, the unanimous consent of its members, whether present or not, or by the written consent of the majority of its
members and minutes shall be kept of all of its meetings and copies thereof shall be provided to the Board. Subject to the limitations prescribed by the Plan and the Board, the Committee may establish and follow such rules and regulations for the
conduct of its business as it may determine to be advisable. 
 (d) Board Authority. Any authority granted to the
Committee may also be exercised by the Board or another committee of the Board duly appointed for such purpose, except to the extent that the grant or exercise of such authority would cause any Award intended to qualify for favorable treatment under
Section 162(m) of the Code to cease to qualify for the favorable treatment under Section 162(m) of the Code. To the extent that any permitted action taken by the Board conflicts with action taken by the Committee, the Board action shall
control. Without limiting the generality of the foregoing, to the extent the Board has delegated any authority under this Plan to another committee of the Board, such authority shall not be exercised by the Committee unless expressly permitted by
the Board in connection with such delegation. 
 (e) Committee Composition. The Board shall have discretion to
determine whether or not it intends to comply with the exemption requirements of Rule 16b-3 and/or Section 162(m) of the Code. Nothing herein shall create an inference that an Award is not validly granted under the Plan in the event Awards are
granted under the Plan by a compensation committee of the Board that does not at all times consist solely of two or more Non-Employee Directors who are also Outside Directors. 

4. Shares Available; Maximum Payouts. 

(a) Shares Available. The aggregate number of Shares that may be issued or used for reference purposes or with respect
to which Awards may be granted under the Plan shall not exceed a number of Shares that represent an aggregate ten percent (10%) economic interest in TerraForm Global, LLC (subject to any increase or decrease pursuant to the Plan) (the
“Share Reserve”), which may be either authorized and unissued Shares or Shares held in or acquired for the treasury of the Company or both. The maximum number of Shares with respect to which Incentive Stock Options may be granted under the
Plan shall be equal to the Share Reserve as of the date hereof. On the Registration Date, the Class C Common Stock reserved for issuance hereunder shall be immediately, and without any further action on the part of the Committee or the Company,
converted to Class A Common Stock in accordance with Section 3.4(e) of the Certificate, as the same may be further amended from 

 
time to time, and the Share Reserve shall equal the difference between (x) the aggregate number of shares of Class A Common Stock obtained pursuant to the conversion of the Class C
Common Stock held as the Share Reserve pursuant to Section 3.4(e) of the Certificate minus (y) any shares of Class A Common Stock issued pursuant to an Award Agreement prior to the Registration Date. The following Shares may not again
be made available for issuance as Awards: (i) Shares not issued or delivered as a result of the net settlement of an outstanding Stock Appreciation Right or Stock Option, (ii) Shares used to pay the exercise price or withholding taxes
related to an outstanding Stock Option or Stock Appreciation Right, or (iii) Shares repurchased on the open market with the proceeds of a Stock Option exercise price. The maximum grant date fair value of any Award granted to any Non-Employee Director during any calendar year shall not exceed $500,000 ; provided, that the Committee shall have the authority to provide Awards to a non-employee director in excess of $500,000 upon a
finding that such non-employee director has or will provide extraordinary services in such fiscal year; provided, further, that such Non-Employee Director does not participate in such finding or otherwise in the issuance of such
additional Award. 
 (b) Shares Not Applied to Limitations. The following will not be applied to the Share limitations
of subsection 4(a) above: (i) dividends or dividend equivalents paid in cash in connection with outstanding Awards, (ii) any Shares subject to an Award under the Plan which Award is forfeited, cancelled, terminated, expires or lapses for
any reason, and (iii) Shares and any Awards that are granted through the settlement, assumption, or substitution of outstanding awards previously granted (subject to applicable repricing restrictions herein), or through obligations to grant
future awards, as a result of a merger, consolidation, or acquisition of the employing company with or by the Company. If an Award is to be settled in cash, the number of Shares on which the Award is based shall not count toward the Share
limitations of subsection 4(a). 
 (c) Award Limitations. To the extent required by Section 162(m) of the Code
for Awards under the Plan to qualify as “performance-based compensation,” the following individual Participant limitations shall only apply after the expiration of the Transition Period: no Participant shall be granted in a given fiscal
year (i) Options to purchase Shares or Stock Appreciation Rights with respect to more than 50% of the Share Reserve in the aggregate, (ii) any other Awards with respect to more than 50% of the Share Reserve in the aggregate (or, in the
event such Award denominated or expressed in terms of number of Shares or Units is paid in cash, the equivalent cash value thereof), (iii) any Share-based Awards granted pursuant to Section 12 hereof, with respect to more than 50% of the
Share Reserve in the aggregate, or (iv) any cash bonus Award not denominated or expressed in terms of number of Shares or Units, or cash-based Award granted pursuant to Section 12 hereof, with a value that exceeds $10,000,000 in the
aggregate, in each case, in any fiscal year of the Company under this Plan (such share limits being subject to adjustment under subsection 13(f) hereof); provided, that there shall be no annual individual limitations with respect to
Restricted Stock or other Stock-Based Awards for which the grant, vesting or payment (as applicable) of any such Award is not meant to qualify as “performance-based compensation for purposes of Section 162(m). 

(d) No Fractional Shares. No fractional Shares may be issued under this Plan; fractional Shares will be rounded down to
the nearest whole Share. 
 5. Eligibility. Awards may be granted under this Plan to any Eligible Employee at the discretion of the
Committee. 
 6. General Terms of Awards. 

(a) Awards. Awards under this Plan may consist of Options (either Incentive Stock Options or Non-Qualified Stock
Options), Stock Appreciation Rights, Performance Shares, Restricted Stock, Restricted Stock Units, or Other Awards. 

 (b) Agreements. Each Award under this Plan shall be evidenced by an
Agreement setting forth the number of Shares of Restricted Stock, Stock, Restricted Stock Units, or Performance Shares, or the amount of cash, subject to such Agreement, or the number of Shares to which the Option applies or with respect to which
payment upon the exercise of the Stock Appreciation Right is to be determined, as the case may be, together with such other terms and conditions applicable to the Award (not inconsistent with this Plan) as determined by the Committee in its sole
discretion. 
 (c) Term. Each Agreement, other than those relating solely to Awards of Stock without restrictions,
shall set forth the Term of the Award and any applicable Performance Period, as the case may be, but in no event shall the Term of an Award or the Performance Period be longer than ten years after the date of grant. An Agreement with a Participant
may permit acceleration of vesting requirements and of the expiration of the applicable Term upon such terms and conditions as shall be set forth in the Agreement, which may, but, unless otherwise specifically provided in this Plan, need not,
include, without limitation, acceleration resulting from the occurrence of the Participant’s death or Disability. Acceleration of the Performance Period and other performance-based Awards shall be subject to subsection 9(b) or
Section 12 hereof, as applicable. 
 (d) Transferability. Except as otherwise permitted by the Committee or in an
Award Agreement, during the lifetime of a Participant to whom an Award is granted, only such Participant (or such Participant’s legal representative) may exercise an Option or Stock Appreciation Right or receive payment with respect to any
other Award. Except as otherwise permitted by the Committee, no Award of Restricted Stock (prior to the expiration of the restrictions), Restricted Stock Units, Options, Stock Appreciation Rights, Performance Shares or Other Award (other than an
award of Stock without restrictions) may be sold, assigned, transferred, exchanged, or otherwise encumbered, and any attempt to do so (including pursuant to a decree of divorce or any judicial declaration of property division) shall be of no effect.
Notwithstanding the immediately preceding sentence, an Agreement may provide that an Award shall be transferable to a Successor in the event of a Participant’s death. 

(e) Termination of Continuous Service Generally. Each Award Agreement shall set forth the extent to which the
Participant shall have the right to exercise and/or retain an Award following Termination, including, without limitation, upon death or a Disability, or other Terminations. Such provisions shall be determined in the sole discretion of the Committee,
shall be included in the Award Agreement, need not be uniform among Award Agreements issued pursuant to this Plan, and may reflect distinctions based on the reasons for Termination. 

(f) Change in Control. Unless otherwise provided in an Award Agreement, notwithstanding any provision of the Plan to the
contrary, in the event of a Participant’s Termination without Cause or for Good Reason during the 12-month period following a Change in Control Date, all Options and Stock Appreciation Rights shall become immediately exercisable with respect to
100% of the Shares subject to such Options or Stock Appreciation Rights, and/or the period of restriction shall expire and the Award shall vest immediately with respect to 100% of the Shares of Restricted Stock, Restricted Stock Units, and any other
Award, and/or all performance goals or other vesting criteria will be deemed achieved at 100% target levels and all other terms and conditions will be deemed met as of the date of the Participant’s Termination. In addition, in the event of a
Change in Control, an Award may be treated, to the extent determined by the Committee to be permitted under Section 409A of the Code, in accordance with one of the following methods as determined by the Committee in its sole discretion:
(i) upon at least 10 days’ advance notice to the affected persons, cancel any outstanding Awards and pay to the holders thereof, in cash or stock, or any combination thereof, the value of such Awards based upon the price per Share received
or to be received by other shareholders of the Company in the event; or (ii) provide for the assumption of or the issuance of substitute awards that will substantially preserve the otherwise applicable terms of any affected Awards previously
granted under the Plan, as determined by the Committee in its sole discretion. In the case of any Option or Stock Appreciation Right with an exercise price that equals or exceeds the price paid for a Share in connection with the Change in Control,
the Committee may cancel the Option or Stock Appreciation Right without the payment of consideration therefor. 

 (g) Rights as Shareholder. Other than as provided in an Award Agreement, a
Participant shall have no right as a shareholder with respect to any securities covered by an Award until the date the Participant becomes the holder of record. 

(h) Performance Conditions. The Committee may require the satisfaction of certain performance goals as a condition to
the grant, vesting or payment of any Award provided under the Plan. 
 7. Stock Options. 

(a) Terms of All Options. 

(i) Grants. Each Option shall be granted pursuant to an Agreement as either an Incentive Stock Option or a Non-Qualified Stock Option. Incentive Stock Options may only be granted to Eligible Employees who are employees of the Company or an Affiliate. Non-Qualified Stock Options may only be granted to Eligible Employee
who are service providers of the Company or its Subsidiaries. The provisions of separate Options need not be identical. In no event may Options known as reload options be granted hereunder. Participants holding Options shall have no dividend rights
with respect to Shares subject to such Options. The Company shall have no liability to any Participant or any other person if an Option designated as an Incentive Stock Option fails to qualify as such at any time. 

(ii) Purchase Price. The purchase price of each Share subject to an Option shall be determined by the Committee and set
forth in the applicable Agreement, but shall not be less than 100% of the Fair Market Value of a Share as of the date the Option is granted. The purchase price of the Shares with respect to which an Option is exercised shall be payable in full at
the time of exercise, in cash or by certified or bank check. The purchase price may be paid, if the Committee so permits and upon such terms as the Committee shall approve, through delivery or tender to the Company of Shares held, either actually or
by attestation, by such Participant (in each case, such Shares having a Fair Market Value as of the date the Option is exercised equal to the purchase price of the Shares being purchased pursuant to the Option) or through a net or cashless form of
exercise as permitted by the Committee, or, if the Committee so permits, a combination thereof. Further, the Committee, in its discretion, may approve other methods or forms of payment of the purchase price, and establish rules and procedures
therefor. Unless otherwise specifically provided in the Agreement, the purchase price of the Shares acquired pursuant to an Option that is paid by delivery (or attestation) to the Company of other Shares acquired, directly or indirectly from the
Company, shall be paid only by Shares that have been held for more than six months (or such longer or shorter period of time required to avoid a charge to earnings for financial accounting purposes). 

(iii) Exercisability. Each Option shall vest and be exercisable in whole or in part on the terms provided in the
Agreement. An Option that vests solely on the basis of the passage of time (and not on the basis of any performance standards) shall not vest more rapidly than ratably over a period of three years from the grant date beginning on the first
anniversary of the Option grant date. An Option that vests based on performance standards shall not vest more rapidly than immediate vesting on the first anniversary of the Option grant date. Notwithstanding the foregoing, vesting of an Option may
be accelerated upon the occurrence of certain events as provided in the Award Agreement. In no event shall any Option be exercisable at any time after its Term. When an Option is no longer exercisable, it shall be deemed to have lapsed or
terminated. No Option may be exercised for a fraction of a Share. 
 (iv) Termination of Continuous Service. Unless
otherwise provided in an Award Agreement, in the event of a Participant’s Termination (other than upon the Participant’s death or Disability), the Participant may exercise his or her Option (to the extent that the Participant was entitled
to exercise such Option as of the date of Termination) but only within such period of time ending on the earlier of (a) the date three months following the Termination or (b) the expiration of the Term of the

 
Option as set forth in the Award Agreement; provided that, if the Termination is by the Company for Cause, all outstanding Options (whether or not vested) shall immediately terminate and cease to
be exercisable. If, after Termination, the Optionholder does not exercise his or her Option within the time specified in the Award Agreement, the Option shall terminate. 

(v) Disability of Optionholder. Unless otherwise provided in an Award Agreement, in the event that a Participant’s
Continuous Service terminates as a result of the Participant’s Disability, the Participant may exercise his or her Option (to the extent that the Participant was entitled to exercise such Option as of the date of Termination), but only within
such period of time ending on the earlier of (a) the date 12 months following such Termination or (b) the expiration of the Term of the Option as set forth in the Award Agreement. If, after Termination, the Participant does not exercise
his or her Option within the time specified in the Award Agreement, the Option shall terminate. 
 (vi) Death of
Optionholder. Unless otherwise provided in an Award Agreement, in the event a Participant’s Continuous Service terminates as a result of the Participant’s death, then the Option may be exercised (to the extent the Participant was
entitled to exercise such Option as of the date of death) by the Participant’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance or by a person designated to exercise the Option upon the
Participant’s death, but only within the period ending on the earlier of (a) the date 12 months following the date of death or (b) the expiration of the Term of such Option as set forth in the Award Agreement. If, after the
Participant’s death, the Option is not exercised within the time specified in the Award Agreement, the Option shall terminate. 

(b) Incentive Stock Options. In addition to the other terms and conditions applicable to all Options: 

(i) the aggregate Fair Market Value (determined as of the date the Option is granted) of the Shares with respect to
which Incentive Stock Options held by an individual first become exercisable in any calendar year (under this Plan and all other incentive stock options plans of the Company and its Affiliates) shall not exceed $100,000 (or such other limit as may
be required by the Code), if such limitation is necessary to qualify the Option as an Incentive Stock Option, and to the extent an Option or Options granted to a Participant exceed such limit such Option or Options shall be treated as Non-Qualified Stock Options; 
 (ii) an Incentive Stock Option shall not be
exercisable and the Term of the Award shall not be more than ten years after the date of grant (or such other limit as may be required by the Code) if such limitation is necessary to qualify the Option as an Incentive Stock Option; 

(iii) the Agreement covering an Incentive Stock Option shall contain such other terms and provisions which the Committee
determines necessary to qualify such Option as an Incentive Stock Option; and 
 (iv) notwithstanding any other
provision of this Plan if, at the time an Incentive Stock Option is granted, the Participant owns (after application of the rules contained in Section 424(d) of the Code, or its successor provision) Shares possessing more than ten percent of
the total combined voting power of all classes of stock of the Company or its subsidiaries, (A) the option price for such Incentive Stock Option shall be at least 110% of the Fair Market Value of the Shares subject to such Incentive Stock
Option on the date of grant and (B) such Option shall not be exercisable after the date five years from the date such Incentive Stock Option is granted. 

 8. Stock Appreciation Rights. 

(a) Grant. An Award of a Stock Appreciation Right shall entitle the Participant, subject to terms and conditions
determined by the Committee, to receive upon exercise of the Stock Appreciation Right all or a portion of the excess of (i) the Fair Market Value of a specified number of Shares as of the date of exercise of the Stock Appreciation Right over
(ii) a specified purchase price which shall not be less than 100% of the Fair Market Value of such Shares as of the date of grant of the Stock Appreciation Right; provided, that Stock Appreciation Rights may only be granted to Eligible
Employee who are service providers of the Company or its Subsidiaries. Each Stock Appreciation Right shall be subject to such terms as provided in the applicable Agreement. Except as otherwise provided in the applicable Agreement, upon exercise of a
Stock Appreciation Right, payment to the Participant (or to his or her Successor) shall be made in the form of cash, Shares or a combination of cash and Shares (as determined by the Committee if not otherwise specified in the Award) as promptly as
practicable after such exercise. The Agreement may provide for a limitation upon the amount or percentage of the total appreciation on which payment (whether in cash and/or Stock) may be made in the event of the exercise of a Stock Appreciation
Right. Participants holding Stock Appreciation Rights shall have no dividend rights with respect to Shares subject to such Stock Appreciation Rights. 

(b) Exercisability. Each Stock Appreciation Right shall vest and be exercisable in whole or in part on the terms
provided in the Agreement. A Stock Appreciation Right that vests solely on the basis of the passage of time (and not on the basis of any performance standards) shall not vest more rapidly than ratably over a period of three years from the grant date
beginning on the first anniversary of the Stock Appreciation Right grant date. A Stock Appreciation Right that vests based on performance standards shall not vest more rapidly than immediate vesting on the first anniversary of the Option grant date.
Notwithstanding the foregoing, the vesting of a Stock Appreciation Right may be accelerated upon the occurrence of certain events as provided in the Award Agreement. In no event shall any Stock Appreciation Right be exercisable at any time after its
Term. When a Stock Appreciation Right is no longer exercisable, it shall be deemed to have lapsed or terminated. No Stock Appreciation Right may be exercised for a fraction of a Share. 

9. Performance Shares. 

(a) Initial Award. An Award of Performance Shares shall entitle a Participant to future payments based upon the
achievement of performance targets established in writing by the Committee. Payment shall be made in cash or Stock, or a combination of cash and Stock, as determined by the Committee. Such performance targets and other terms and conditions shall be
determined by the Committee in its sole discretion. The Agreement may establish that a portion of the maximum amount of a Participant’s Award will be paid for performance which exceeds the minimum target but falls below the maximum target
applicable to such Award. The Agreement shall provide for the timing of such payment. 
 (b) Acceleration and
Adjustment. The applicable Agreement may permit an acceleration of the Performance Period and an adjustment of performance targets and payments with respect to some or all of the Performance Shares awarded to a Participant, upon such terms and
conditions as shall be set forth in the Agreement, upon the occurrence of certain events, which may, but need not, include without limitation, a Fundamental Change, the Participant’s death or Disability, a change in accounting practices of the
Company or its Affiliates, a reclassification, stock dividend, stock split or stock combination, or other event as provided in subsection 13(f) hereof. Notwithstanding the foregoing, an Award subject to this Section 9 shall vest or be
earned no more rapidly than immediate vesting on the first anniversary of the Award grant date. 
 (c) Voting;
Dividends. Participants holding Performance Shares shall have no voting rights with respect to such Awards and shall have no dividend rights with respect to Shares subject to such Performances Shares other than as the Committee so provides, in
its discretion, in an Award Agreement; provided, that, any such dividends shall be subject to such restrictions and conditions as the Committee may establish with respect to the Performance Shares and shall be payable only at the same time as the
underlying Performance Shares may become earned, vested, and payable. 

 10. Restricted Stock and Restricted Stock Unit Awards. 

(a) Grant. A Restricted Stock Award is an Award of actual Shares, and a Restricted Stock Unit Award is an Award of Units
having a value equal to the Fair Market Value of an identical number of Shares. All or any part of any Restricted Stock or Restricted Stock Unit Award may be subject to such conditions and restrictions as may be established by the Committee, and set
forth in the applicable Award Agreement, which may include, but are not limited to, Continuous Service requirements, a requirement that a Participant pay a purchase price for such Award, the achievement of specific performance goals, and/or
applicable securities laws restrictions. Subject to the restrictions set forth in the Agreement, during any period during which an Award of Restricted Stock or Restricted Stock Units is restricted and subject to a substantial risk of forfeiture,
(i) Participants holding Restricted Stock Awards may exercise full voting rights with respect to such Shares and shall be entitled to receive all dividends and other distributions paid with respect to such Shares while they are so restricted
and (ii) Participants holding Restricted Stock Units shall have no dividend rights with respect to Shares subject to such Restricted Stock Units other than as the Committee so provides, in its discretion, in an Award Agreement, and shall have
no voting rights with respect to such Awards. Any dividends or dividend equivalents may be paid currently or may be credited to a Participant’s account and may be subject to such restrictions and conditions as the Committee may establish. If
the Committee determines that Restricted Stock shall be held by the Company or in escrow rather than delivered to the Participant pending the release of the applicable restrictions, the Committee may require the Participant to execute and deliver to
the Company an escrow agreement satisfactory to the Committee, if applicable, and an appropriate blank stock power with respect to the Restricted Stock covered by such agreement. 

(b) Restrictions. 

(i) Restricted Stock awarded to a Participant shall be subject to the following restrictions until the expiration of the
period during which the Award is restricted, and to such other terms and conditions as may be set forth in the applicable Award Agreement: (A) if an escrow arrangement is used, the Participant shall not be entitled to delivery of the stock
certificate; (B) the Shares shall be subject to the restrictions on transferability set forth in the Award Agreement; (C) the Shares shall be subject to forfeiture for such period and subject to satisfaction of any applicable performance
goals during such period, to the extent provided in the applicable Award Agreement; and (D) to the extent such Shares are forfeited, the stock certificates, if any, shall be returned to the Company, and all rights of the Participant to such
Shares and as a shareholder with respect to such shares shall terminate without further obligation on the part of the Company. 

(ii) Restricted Stock Units awarded to any Participant shall be subject to (A) forfeiture until the expiration of
the period during which the Award is restricted, and the satisfaction of any applicable performance goals during such period, to the extent provided in the applicable Award Agreement, and to the extent such Restricted Stock Units are forfeited, all
rights of the Participant to such Restricted Stock Units shall terminate without further obligation on the part of the Company and (B) such other terms and conditions as may be set forth in the applicable Award Agreement. 

(iii) The Committee shall have the authority to remove any or all of the restrictions on the Restricted Stock and
Restricted Stock Units whenever it may determine that, by reason of changes in applicable laws or other changes in circumstances arising after the date the Restricted Stock or Restricted Stock Units are granted, such action is appropriate. 

(c) Restricted Period. An Award of Restricted Stock or Restricted Stock Units that vests solely on the basis of the
passage of time (and not on the basis of any performance standards) shall not vest more rapidly than ratably over a period of three years from the grant date beginning on the first anniversary of the Award grant date. In the case of a Restricted
Stock or Restricted Stock Units Award that vests based on performance standards, 

 
such Award shall not vest more rapidly than immediate vesting on the first anniversary of the Award grant date. Notwithstanding the foregoing, the vesting of a Restricted Stock or Restricted
Stock Units Award may be accelerated upon the occurrence of certain events as provided in the Award Agreement. Each certificate representing Restricted Stock awarded under the Plan shall bear a legend in such form as the Company deems appropriate.

 11. Other Awards. The Committee may from time to time grant Other Awards under this Plan, including without limitation those Awards
pursuant to which a cash bonus award may be made or pursuant to which Shares may be acquired in the future, such as Awards denominated in Stock, Stock Units, securities convertible into Stock and phantom securities. The Committee, in its sole
discretion, shall determine, and provide in the applicable Agreement for, the terms and conditions of such Awards provided that such Awards shall not be inconsistent with the terms and purposes of this Plan. The Committee may, in its sole
discretion, direct the Company to issue Shares subject to restrictive legends and/or stop transfer instructions which are consistent with the terms and conditions of the Award to which such Shares relate. In addition, the Committee may, in its sole
discretion, issue such Other Awards subject to the performance criteria under Section 12 hereof. 
 12. Performance-Based
Awards. 
 (a) Application to Covered Employee. Notwithstanding any other provision of the Plan, if the Committee
determines at the time any Award is granted to a Participant that such Participant is, or is likely to be as of the end of the tax year in which the Company would claim a tax deduction in connection with such Award, a “covered employee”
within the meaning of Section 162(m)(3) of the Code, then the Committee may provide that this Section 12 is applicable to such Award. Notwithstanding the foregoing, the Committee may provide, in its discretion and whether before, during or
following the Transition Period, that an Award granted to any other Participant is subject to this Section 12, to the extent the Committee deems appropriate, whether or not Section 162(m) of the Code is or would be applicable with respect
to such Participant. 
 (b) Performance Goals. Awards under the Plan may be made subject to the achievement of
Performance Criteria, which shall be performance goals established by the Committee relating to one or more business criteria pursuant to Section 162(m) of the Code. Performance Criteria may be applied to the Company, an Affiliate, a Parent, a
Subsidiary, division, business unit, corporate group or individual or any combination thereof and may be measured in absolute levels or relative to another company or companies, a peer group, an index or indices or Company performance in a previous
period. Performance may be measured over such period of time as determined by the Committee. Performance Criteria that may be used to establish performance goals are: revenue or revenue growth, diversity, economic value added, index comparisons,
earnings or net income (before or after taxes), operating margin, peer company comparisons, productivity, profit margin, return on revenue, return on, investment, return on capital, sales growth, return on assets, stock price, earnings per share,
cash flow, free cash flow, working capital levels, working capital as a percentage of sales, days sales outstanding, months on hand, days payables outstanding, production levels or services levels, market share, costs, debt to equity ratio, net
revenue or net revenue growth, gross revenue, base-business net sales, total segment profit, EBITDA, adjusted diluted earnings per share, earnings per share, gross profit, gross profit growth, adjusted gross profit, net profit margin, operating
profit margin, adjusted operating profit, earnings or earnings per share before income tax (profit before taxes), net earnings or net earnings per share (profit after tax), compound annual growth in earnings per share, pretax income, expenses,
capitalization, liquidity, results of customer satisfaction surveys, quality, safety, cost management, process improvement, inventory, total or net operating asset turnover, operating income, total shareholder return, compound shareholder return,
return on equity, return on invested capital, pretax and pre-interest expense return on average invested capital, which may be expressed on a current value basis, or sales growth, marketing, operating or workplan goals. Performance will be evaluated
by excluding the effect of any extraordinary, unusual or non-recurring items that occur during the applicable Performance Period. The performance goals for each Participant and the amount payable if those goals are met shall be established in
writing for each specified period of performance by the Committee no later than 90 days after the commencement 

 
of the period of service to which the performance goals relate and while the outcome of whether or not those goals will be achieved is substantially uncertain. However, in no event will such
goals be established after 25% of the period of service to which the goals relate has elapsed. The performance goals shall be objective. Such goals and the amount payable for each performance period if the goals are achieved shall be set forth in
the applicable Agreement. Following the conclusion or acceleration of each Performance Period, the Committee shall determine the extent to which (i) Performance Criteria have been attained, (ii) any other terms and conditions with respect
to an Award relating to such Performance Period have been satisfied, and (iii) payment is due with respect to a performance-based Award. No amounts shall be payable to any Participant for any Performance Period unless and until the Committee
certifies that the Performance Criteria and any other material terms were in fact satisfied. 
 (c) Adjustment of
Payment. With respect to any Award that is subject to this Section 12, the Committee may adjust downwards, but not upwards, the amount payable pursuant to such Award. The applicable Agreement may permit an acceleration of the Performance
Period and an adjustment of performance targets and payments with respect to some or all of the performance-based Award(s) awarded to a Participant, upon such terms and conditions as shall be set forth in the Agreement, upon the occurrence of
certain events, which may, but need not, include without limitation a Fundamental Change, the Participant’s death or Disability, a change in accounting practices of the Company or its Affiliates, a reclassification, stock dividend, stock split
or stock combination, or other event as provided in subsection 13(f) hereof; provided, however, that any such acceleration or adjustment shall be made only to the extent and in a manner consistent with Section 162(m) of the Code. 

(d) Other Restrictions. The Committee shall have the power to impose such other restrictions on Awards subject to this
Section 12 as it may deem necessary or appropriate to ensure that such Awards satisfy all requirements for “performance-based compensation” within the meaning of Section 162(m)(4)(C) of the Code, or any successor provision
thereto. 
 13. General Provisions. 

(a) Effective Date of this Plan. This Plan shall become effective as of the date specified in Section 1, provided
that the Plan has been approved by the shareholders of the Company within twelve (12) months after the date the Plan is adopted by the Board. 

(b) Duration of this Plan; Date of Grant. This Plan shall remain in effect for a term of ten years following the date on
which it is effective or until all Shares subject to the Plan shall have been purchased or acquired according to the Plan’s provisions, whichever occurs first, unless this Plan is sooner terminated pursuant to subsection 13(e) hereof. No
Awards shall be granted pursuant to the Plan after such Plan termination or expiration, but outstanding Awards may extend beyond that date. The date and time of approval by the Committee of the granting of an Award shall be considered the date and
time at which such Award is made or granted, or such later effective date as determined by the Committee, notwithstanding the date of any Agreement with respect to such Award; provided, however, that the Committee may grant Awards other than
Incentive Stock Options to Eligible Employees or to persons who are about to become Eligible Employees, to be effective and deemed to be granted on the occurrence of certain specified contingencies, provided that if the Award is granted to a
non-Eligible Employee who is about to become an Eligible Employee, such specified contingencies shall include, without limitation, that such person becomes an Eligible Employee. 

(c) Right to Terminate Service. Nothing in this Plan or in any Agreement shall confer upon any Participant the right to
continue in the employment or other service of the Company or any Affiliate or affect any right which the Company or any Affiliate may have to terminate or modify the employment or other service of the Participant with or without cause. 

(d) Tax Withholding. Unless otherwise provided in an Agreement, the Company shall withhold from any payment of cash or
Stock to a Participant or other person an amount sufficient to cover any required 

 
withholding taxes, including the Participant’s social security and Medicare taxes (FICA) and federal, state and local income tax with respect to income arising from the Award. The Company
shall have the right to require the payment of any such taxes, if applicable, before issuing any Stock pursuant to the Award. In lieu of all or any part of a cash payment from a person receiving Stock under this Plan, the Committee may, in the
applicable Agreement or otherwise, permit a person to cover all or any part of the required withholdings, and to cover any additional withholdings up to the amount needed to cover the person’s full FICA and federal, state and local income tax
with respect to income arising from payment of the Award, through a reduction of the numbers of Shares delivered to such person or a delivery or tender to the Company of Shares held by such person, in each case valued in the same manner as used in
computing the withholding taxes under applicable laws. Notwithstanding the foregoing, no Shares shall be withheld with a value exceeding the minimum amount of tax required to be withheld by law. 

(e) Amendment, Modification and Termination of this Plan. Except as provided in this subsection 13(e), the Board
may at any time amend, modify, terminate or suspend this Plan. Except as provided in this subsection 13(e), the Committee may at any time alter or amend any or all Agreements under this Plan to the extent permitted by law, in which event, the
term “Agreement” shall mean the Agreement as so amended. Any such alterations or amendments may be made unilaterally by the Committee, subject to the provisions of this subsection 13(e), unless such amendments are deemed by the
Committee to be materially adverse to the Participant and are not required as a matter of law. Amendments are subject to approval of the shareholders of the Company only as required by applicable law or regulation, or if the amendment increases the
total number of shares available under this Plan, except as provided in subsection 13(f). No termination, suspension or modification of this Plan may materially and adversely affect any right acquired by any Participant under an Award granted
before the date of termination, suspension or modification, unless otherwise provided in an Agreement or otherwise or required as a matter of law. It is conclusively presumed that any adjustment for changes in capitalization provided for in
subsections 9(b), 12(c) or 13(f) hereof does not adversely affect any right of a Participant or other person under an Award. It is expressly contemplated that the Board may amend the Plan in any respect the Board deems necessary or advisable to
provide Eligible Employees with the maximum benefits provided or to be provided under the provisions of the Code relating to Incentive Stock Options or to the provisions of Section 409A of the Code and/or to bring the Plan and/or Awards granted
under it into compliance therewith. 
 (f) Adjustment for Changes in Capitalization. Appropriate adjustments in the
aggregate number and type of securities that may be issued, represented, and available for Awards under this Plan, in the limitations on the number and type of securities that may be issued to an individual Participant, in the number and type of
securities and amount of cash subject to Awards then outstanding, in the Option purchase price as to any outstanding Options, in the purchase price as to any outstanding Stock Appreciation Rights, and, subject to subsections 9(b) and 12(c)
hereof, in outstanding Performance Shares and performance-based Awards and payments with respect to outstanding Performance Shares and performance-based Awards, and comparable adjustments, if applicable, to
any outstanding Other Award, automatically shall be made to give effect to adjustments made in the number or type of Shares through a Fundamental Change, divestiture, distribution of assets to shareholders (other than ordinary cash dividends),
reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, stock combination or exchange, rights offering, spin-off or other relevant change, provided that fractional Shares shall be rounded down to the
nearest whole Share. 
 (g) Other Benefit and Compensation Programs. Payments and other benefits received by a
participant under an Award shall not be deemed a part of a Participant’s regular, recurring compensation for purposes of any termination, indemnity or severance pay laws and shall not be included in, nor have any effect on, the determination of
benefits under any other employee benefit plan, contract or similar arrangement provided by the Company or an Affiliate, unless expressly so provided by such other plan, contract or arrangement or the Committee determines that an Award or portion of
an Award should be included to reflect competitive compensation practices or to recognize that an Award has been made in lieu of a portion of competitive cash compensation. 

 (h) Unfunded Plan. This Plan shall be unfunded and the Company shall not
be required to segregate any assets that may at any time be represented by Awards under this Plan. Neither the Company, its Affiliates, the Committee, nor the Board shall be deemed to be a trustee of any amounts to be paid under this Plan nor shall
anything contained in this Plan or any action taken pursuant to its provisions create or be construed to create a fiduciary relationship between the Company and/or its Affiliates, and a Participant or Successor. To the extent any person acquires a
right to receive an Award under this Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. 

(i) Limits of Liability. 

(i) Any liability of the Company to any Participant with respect to an Award shall be based solely upon contractual
obligations created by this Plan and the Agreement. 
 (ii) Except as may be required by law, neither the Company nor
any member or former member of the Board or the Committee, nor any other person participating (including participation pursuant to a delegation of authority under subsection 3(c) hereof) in any determination of any question under this Plan, or in
the interpretation, administration or application of this Plan, shall have any liability to any party for any action taken, or not taken, in good faith under this Plan. 

(iii) To the full extent permitted by law, each member and former member of the Committee and each person to whom the
Committee delegates or has delegated authority under this Plan shall be entitled to indemnification by the Company against any loss, liability, judgment, damage, cost and reasonable expense incurred by such member, former member or other person by
reason of any action taken, failure to act or determination made in good faith under or with respect to this Plan. 
 (j)
Compliance with Applicable Legal Requirements. The Company shall not be required to issue or deliver a certificate for Shares distributable pursuant to this Plan unless the issuance of such certificate complies with all applicable legal
requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act, the Exchange Act and the requirements of the exchanges, if any, on which the Company’s Shares may, at the time,
be listed. 
 (k) Deferrals and Settlements. The Committee may require or permit Participants to elect to defer the
issuance of Shares or the settlement of Awards in cash under such rules and procedures as it may establish under this Plan. It may also provide that deferred settlements include the payment or crediting of interest on the deferral amounts. 

(l) Acceleration. The Committee shall have the power to accelerate the time at which an Award may first be exercised or
the time during which an Award or any part thereof will vest in accordance with the Plan, notwithstanding the provisions in the Award stating the time at which it may first be exercised or the time during which it will vest. 

(m) Forfeiture. The Committee may specify in an Award Agreement that the Participant’s rights, payments and
benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain events, in addition to applicable vesting conditions of an Award. Such events may include, without limitation,
breach of non-competition, non-solicitation, confidentiality, or other restrictive covenants that are contained in the Award Agreement or otherwise applicable to the Participant, a Termination for Cause, or
other conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates. 

 (n) Clawback and Noncompete. Notwithstanding any other provisions of this
Plan, any Award which is subject to recovery under any law, government regulation, stock exchange listing requirement, or Company policy, will be subject to such deductions and clawback as may be required to be made pursuant to such law, government
regulation or stock exchange listing requirement, or any policy adopted by the Company whether pursuant to any such law, government regulation or stock exchange listing requirement or otherwise. In addition and notwithstanding any other provisions
of this Plan, any Award shall be subject to such noncompete provisions under the terms of the Award Agreement or any other agreement or policy adopted by the Company, including, without limitation, any such terms providing for immediate termination
and forfeiture of an Award if and when a Participant becomes an employee, agent or principal of a competitor without the express written consent of the Company. For the avoidance of doubt, the Committee may specify in an Agreement that the
Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain events, in addition to applicable vesting conditions of an Award. Such
events may include, without limitation, breach of non-competition, non-solicitation, confidentiality, or other restrictive covenants that are contained in the Agreement or otherwise applicable to the Participant, a Termination for Cause, or other
conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates. 
 (o)
Sub-plans. The Committee may from time to time establish sub-plans under the Plan for purposes of satisfying blue sky, securities, tax or other laws of various jurisdictions in which the Company intends to grant Awards. Any sub-plans shall
contain such limitations and other terms and conditions as the Committee determines are necessary or desirable. All sub-plans shall be deemed a part of the Plan, but each sub-plan shall apply only to the Participants in the jurisdiction for
which the sub-plan was designed. 
 (p) Plan Headings. The headings
in the Plan are for purposes of convenience only and are not intended to define or limit the construction of the provisions hereof. 

(q) Non-Uniform Treatment. The Committee’s determinations under the Plan need not be uniform and may be made by it
selectively among persons who are eligible to receive, or actually receive, Awards. Without limiting the generality of the foregoing, the Committee shall be entitled to make non-uniform and selective determinations, amendments and adjustments and to
enter into non-uniform and selective Award Agreements. 
 14. Substitute Awards. Awards may be granted under this Plan from
time to time in substitution for Awards held by employees of other corporations who are about to become Eligible Employees, or whose employer is about to become a Subsidiary of the Company, as the result of a merger or consolidation of the Company
or a Subsidiary of the Company with another corporation, the acquisition by the Company or a Subsidiary of the Company of all or substantially all the assets of another corporation or the acquisition by the Company or a Subsidiary of the Company of
at least 50% of the issued and outstanding stock of another corporation. The terms and conditions of the substitute Awards so granted may vary from the terms and conditions set forth in this Plan to such extent as the Board at the time of the grant
may deem appropriate to conform, in whole or in part, to the provisions of the Awards in substitution for which they are granted, but with respect to Awards which are Incentive Stock Options, no such variation shall be permitted which affects the
status of any such substitute option as an Incentive Stock Option. 
 15. Governing Law. To the extent that federal laws do not
otherwise control, this Plan and all determinations made and actions taken pursuant to this Plan shall be governed by the laws of Missouri, without giving effect to principles of conflicts of laws, and construed accordingly, except for those matters
subject to the General Corporation Law of Delaware, which shall be governed by such law, without giving effect to principles of conflicts of laws, and construed accordingly. 

 16. Severability. In the event any provision of this Plan shall be held illegal or invalid
for any reason, the illegality or invalidity shall not affect the remaining parts of this Plan, and this Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

17. Section 409A. The Plan is intended to comply with Section 409A of the Code to the extent subject thereto, and,
accordingly, to the maximum extent permitted, the Plan shall be interpreted and administered to be in compliance therewith. Any payments that are due within the short-term deferral period as defined in Section 409A of the Code shall not be
treated as deferred compensation unless applicable laws require otherwise. Notwithstanding anything to the contrary in the Plan, any payment(s) of “nonqualified deferred compensation” (within the meaning of Section 409A of the Code)
that are otherwise required to be made under the Plan to a “specified employee” (as defined under Section 409A of the Code) as a result of such employee’s separation from service (other than a payment that is not subject to
Section 409A of the Code) shall be delayed until the first payroll date after the six-month anniversary of the Participant’s separation from service (or the Participant’s death, if earlier). Notwithstanding the foregoing, neither the
Company nor the Committee shall have any obligation to take any action to prevent the assessment of any tax or penalty under Section 409A of the Code and neither the Company nor the Committee will have any liability to any Participant or
otherwise for such tax or penalty.

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