Document:

exv10w61

Exhibit 10.61

TRIDENT MICROSYSTEMS, INC.

RELATIVE TOTAL STOCKHOLDER RETURN

PERFORMANCE SHARE AGREEMENT

(For US Participant)

     Trident Microsystems, Inc. has granted to the Participant named in the Notice of Grant of
Relative Total Stockholder Return Performance Shares (the “Grant Notice”) to which this Relative
Total Stockholder Return Performance Share Agreement (the “Agreement”) is attached an Award
consisting of Performance Shares subject to the terms and conditions set forth in the Grant Notice
and this Agreement. The Award has been granted pursuant to and shall in all respects be subject to
the terms conditions of the Trident Microsystems, Inc. 2010 Equity Incentive Plan (the “Plan”), as
amended to the Date of Grant, the provisions of which are incorporated herein by reference. By
signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the
Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a
prospectus for the Plan prepared in connection with the registration with the Securities and
Exchange Commission of the shares issuable pursuant to the Award (the “Plan Prospectus”), (b)
accepts the Award subject to all of the terms and conditions of the Grant Notice, this Agreement
and the Plan and (c) agrees to accept as binding, conclusive and final all decisions or
interpretations of the Committee upon any questions arising under the Grant Notice, this Agreement
or the Plan.

     1. Definitions and Construction.

          1.1 Definitions. Unless otherwise defined herein, capitalized terms shall have the meanings
assigned to such terms in the Grant Notice or the Plan.

               (a) “Average Per Share Closing Price” means the average of the daily closing prices per share
of Stock of the Company or a Comparator Security as reported on the national or regional securities
exchange or quotation system constituting the primary market for such security for all trading days
falling within the applicable 60 calendar day period described in Section 1.1(e). The Average Per
Share Closing Price shall be computed separately for the Stock and each Comparator Security, and
shall be adjusted in each case to reflect an assumed reinvestment, as of the of applicable
ex-dividend date, of all cash dividends and other cash distributions (excluding cash distributions
resulting from share repurchases or redemptions by the issuer of such security) paid to
stockholders, as applicable, during the Performance Period. The method of adjustment of the
Average Per Share Closing Price to reflect the assumed reinvestment of cash dividends and other
cash distributions to stockholders is illustrated in Appendix A to this Agreement.

               (b) “Comparator Security” means the common stock of each issuer included in the Philadelphia
Semiconductor Sector Total Return Index (NASDAQ OMX: XSOX) as of the last day of the Performance
Period. For clarity, if the security of an issuer is included in such index at the beginning of
the Performance Period but not at the end of the Performance Period, such security shall not be
treated as a Comparator Security.

 

 

               (c) “Company Percentile Rank” means the percentile rank of the Company’s Total Stockholder
Return compared to an array consisting of the Total Stockholder Returns of the Company and each
Comparator Security. For this purpose, percentile rank shall be computed to four decimal places
using the Microsoft Excel “PercentRank” function.

               (d) “Performance Shares” mean the Performance Shares originally granted pursuant to the Award
and the Dividend Equivalent Rights credited pursuant to the Award, as both shall be adjusted from
time to time pursuant to Section 10.

               (e) “Total Stockholder Return” means, with respect to the Stock of the Company or a Comparator
Security, the percentage point increase or decrease, computed to four decimal places, in (i) the
Average Per Share Closing Price for the 60-day period ending on the last day of the Performance
Period over (ii) the Average Per Share Closing Price for the 60-day period beginning on the first
day of the Performance Period.

          1.2 Construction. Captions and titles contained herein are for convenience only and shall not
affect the meaning or interpretation of any provision of this Agreement. Except when otherwise
indicated by the context, the singular shall include the plural and the plural shall include the
singular. Use of the term “or” is not intended to be exclusive, unless the context clearly
requires otherwise.

     2. Administration.

          All questions of interpretation concerning the Grant Notice, this Agreement, the Plan or any
other form of agreement or other document employed by the Company in the administration of the Plan
or the Award shall be determined by the Committee. All such determinations by the Committee shall
be final, binding and conclusive upon all persons having an interest in the Award, unless
fraudulent or made in bad faith. Any and all actions, decisions and determinations taken or made
by the Committee in the exercise of its discretion pursuant to the Plan or the Award or other
agreement thereunder (other than determining questions of interpretation pursuant to the preceding
sentence) shall be final, binding and conclusive upon all persons having an interest in the Award.
Any Officer shall have the authority to act on behalf of the Company with respect to any matter,
right, obligation, or election which is the responsibility of or which is allocated to the Company
herein, provided the Officer has apparent authority with respect to such matter, right, obligation,
or election. If the Participant is a Covered Employee (as defined by the Plan), compensation
realized by the Participant pursuant to the Award is intended to constitute qualified
performance-based compensation within the meaning of Section 162(m) of the Code and the regulations
thereunder, and the provisions of this Agreement shall be construed and administered in a manner
consistent with this intent.

          3. The Award.

               3.1 Grant of Performance Shares. On the Date of Grant, the Participant shall acquire, subject
to the provisions of this Agreement, a right to receive a number of Performance Shares which shall
not exceed the Maximum Number of Performance Shares set forth in the Grant Notice, subject to
adjustment as provided in Section 10. The number of Performance Shares, if any, ultimately earned
by the Participant, shall be that number of Earned

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Performance Shares, if any, which become Vested Performance Shares. Each Performance Share
represents a right to receive on a date determined in accordance with the Grant Notice and this
Agreement one (1) share of Stock.

          3.2 No Monetary Payment Required. The Participant is not required to make any monetary
payment (other than applicable tax withholding, if any) as a condition to receiving the Performance
Shares or shares of Stock issued upon settlement of the Performance Shares, the consideration for
which shall be past services actually rendered or future services to be rendered to a Participating
Company or for its benefit. Notwithstanding the foregoing, if required by applicable law, the
Participant shall furnish consideration in the form of cash or past services rendered to a
Participating Company or for its benefit having a value not less than the par value of the shares
of Stock issued upon settlement of the Performance Shares.

     4. Certification of the Committee.

          4.1 Level of Performance Measures Attained. As soon as practicable following completion of
the Performance Period, and in any event prior to the Vesting Date set forth in the Grant Notice,
the Committee shall certify in writing the level of attainment of the Performance Measure during
the Performance Period and the resulting number of Performance Shares which shall become Earned
Performance Shares. The Company shall promptly notify the Participant of the determination by the
Committee.

          4.2 Adjustment to Performance Measure. The Committee shall make an appropriate and
proportionate adjustment to the Performance Measure or any of its components in the event of a
change in capital structure described in Section 10. Each such adjustment, if any, shall be made
solely for the purpose of providing a consistent basis from period to period for the calculation of
the Performance Measure in order to prevent the dilution or enlargement of the Participant’s rights
with respect to the Award.

     5. Vesting of Performance Shares.

          5.1 In General. Except as provided by Section 5.2 or Section 9, Earned Performance Shares
shall become Vested Performance Shares as provided in the Grant Notice. For purposes of
determining the number of Vested Performance Shares following an Ownership Change Event, credited
Service shall include all Service with any corporation which is a Participating Company at the time
the Service is rendered, whether or not such corporation is a Participating Company both before and
after the Ownership Change Event.

          5.2 Effect of Leave of Absence. Unless otherwise required by law, in the event that the
Participant has taken in excess of thirty (30) days in unpaid leaves of absence during the
Performance Period, the number of Performance Shares determined to be Earned Performance Shares, if
any, shall be prorated on the basis of the number of days of the Participant’s Service during the
Performance Period during which the Participant was not on an unpaid leave of absence.

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     6. Company Reacquisition Right.

          6.1 Grant of Company Reacquisition Right. Except to the extent otherwise provided by the
Superseding Agreement, if any, in the event that the Participant’s Service terminates for any
reason or no reason, with or without cause, the Participant shall forfeit and the Company shall
automatically reacquire all Performance Shares which are not, as of the time of such termination,
Vested Performance Shares (“Unvested Performance Shares”), and the Participant shall not be
entitled to any payment therefor (the “Company Reacquisition Right”).

          6.2 Ownership Change Event, Dividends, Distributions and Adjustments. Upon the occurrence of
an Ownership Change Event, a dividend or distribution to the stockholders of the Company paid in
shares of Stock or other property, or any other adjustment upon a change in the capital structure
of the Company as described in Section 10, any and all new, substituted or additional securities or
other property (other than regular, periodic cash dividends paid on Stock pursuant to the Company’s
dividend policy) to which the Participant is entitled by reason of the Participant’s ownership of
Unvested Performance Shares shall be immediately subject to the Company Reacquisition Right and
included in the terms “Performance Shares” and “Unvested Performance Shares” for all purposes of
the Company Reacquisition Right with the same force and effect as the Unvested Performance Shares
immediately prior to the Ownership Change Event, dividend, distribution or adjustment, as the case
may be. For purposes of determining the number of Vested Performance Shares following an Ownership
Change Event, dividend, distribution or adjustment, credited Service shall include all Service with
any corporation which is a Participating Company at the time the Service is rendered, whether or
not such corporation is a Participating Company both before and after any such event.

     7. Settlement of the Award.

          7.1 Issuance of Shares of Stock. Subject to the provisions of Section 7.3 below, the Company
shall issue to the Participant on the Settlement Date with respect to each Vested Performance Share
to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of
Performance Shares shall not be subject to any restriction on transfer other than any such
restriction as may be required pursuant to Section 7.3, Section 8 or the Company’s Trading
Compliance Policy.

          7.2 Beneficial Ownership of Shares; Certificate Registration. The Participant hereby
authorizes the Company, in its sole discretion, to deposit any or all shares acquired by the
Participant pursuant to the settlement of the Award with the Company’s transfer agent, including
any successor transfer agent, to be held in book entry form, or to deposit such shares for the
benefit of the Participant with any broker with which the Participant has an account relationship
of which the Company has notice. Except as provided by the foregoing, a certificate for the shares
acquired by the Participant shall be registered in the name of the Participant, or, if applicable,
in the names of the heirs of the Participant.

          7.3 Restrictions on Grant of the Award and Issuance of Shares. The grant of the Award and
issuance of shares of Stock upon settlement of the Award shall be subject to compliance with all
applicable requirements of federal, state or foreign law with respect to such

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securities. No shares of Stock may be issued hereunder if the issuance of such shares would
constitute a violation of any applicable federal, state or foreign securities laws or other law or
regulations or the requirements of any stock exchange or market system upon which the Stock may
then be listed. The inability of the Company to obtain from any regulatory body having
jurisdiction the authority, if any, deemed by the Company’s legal counsel to be necessary to the
lawful issuance of any shares subject to the Award shall relieve the Company of any liability in
respect of the failure to issue such shares as to which such requisite authority shall not have
been obtained. As a condition to the settlement of the Award, the Company may require the
Participant to satisfy any qualifications that may be necessary or appropriate, to evidence
compliance with any applicable law or regulation and to make any representation or warranty with
respect thereto as may be requested by the Company.

          7.4 Fractional Shares. The Company shall not be required to issue fractional shares upon the
settlement of the Award.

     8. Tax Withholding.

          8.1 In General. At the time the Grant Notice is executed, or at any time thereafter as
requested by a Participating Company, the Participant hereby authorizes withholding from payroll
and any other amounts payable to the Participant, and otherwise agrees to make adequate provision
for, any sums required to satisfy the federal, state, local and foreign tax (including any social
insurance) withholding obligations of the Participating Company, if any, which arise in connection
with the Award, the vesting of Performance Shares or the issuance of shares of Stock in settlement
thereof. The Company shall have no obligation to deliver shares of Stock until the tax withholding
obligations of the Participating Company have been satisfied by the Participant.

          8.2 Assignment of Sale Proceeds. Subject to compliance with applicable law and the Company’s
Trading Compliance Policy, if permitted by the Company, the Participant may satisfy the
Participating Company’s tax withholding obligations in accordance with procedures established by
the Company providing for delivery by the Participant to the Company or a broker approved by the
Company of properly executed instructions, in a form approved by the Company, providing for the
assignment to the Company of the proceeds of a sale with respect to some or all of the shares being
acquired upon settlement of Performance Shares.

          8.3 Withholding in Shares. The Company shall have the right, but not the obligation, to
require the Participant to satisfy all or any portion of a Participating Company’s tax withholding
obligations by deducting from the shares of Stock otherwise deliverable to the Participant in
settlement of the Award a number of whole shares having a fair market value, as determined by the
Company as of the date on which the tax withholding obligations arise, not in excess of the amount
of such tax withholding obligations determined by the applicable minimum statutory withholding
rates.

     9. Effect of Change in Control. 

          In the event of the consummation of a Change in Control prior to the Vesting Date set forth in
the Grant Notice, the number of Earned Performance Shares and Vested

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Performance Shares shall be determined as follows, provided that the Participant’s Service has
not terminated prior to the date of the Change in Control:

          9.1 Change in Control Prior to End of Performance Period. If the date of consummation of a
Change in Control occurs prior to the last day of the Performance Period, then the Target Number of
Performance Shares shall be deemed Earned Performance Shares and shall vest in full immediately
prior to the consummation of the Change in Control and, except to the extent that the Committee
determines to cash out the Award in accordance with Section 13.1(c) of the Plan, shall be settled
in accordance with Section 7 immediately prior to the consummation of the Change in Control.

          9.2 Change in Control After End of Performance Period But Prior to Vesting Date. If the date
of consummation of a Change in Control occurs on or after the last day of the Performance Period
but prior to the Vesting Date, the number of Earned Performance Shares, if any, determined for the
Performance Period shall vest in full immediately prior to the consummation of the Change in
Control and, except to the extent that the Committee determines to cash out the Award in accordance
with Section 13.1(c) of the Plan, shall be settled in accordance with Section 7 immediately prior
to the consummation of the Change in Control.

     10. Adjustments for Changes in Capital Structure.

          Subject to any required action by the stockholders of the Company and the requirements of
Section 409A of the Code to the extent applicable, in the event of any change in the Stock effected
without receipt of consideration by the Company, whether through merger, consolidation,
reorganization, reincorporation, recapitalization, reclassification, stock dividend, stock split,
reverse stock split, split-up, split-off, spin-off, combination of shares, exchange of shares, or
similar change in the capital structure of the Company, or in the event of payment of a dividend or
distribution to the stockholders of the Company in a form other than Stock (other than regular,
periodic cash dividends paid on Stock pursuant to the Company’s dividend policy) that has a
material effect on the Fair Market Value of shares of Stock, appropriate and proportionate
adjustments shall be made in the number of Performance Shares subject to the Award and/or the
number and kind of shares or other property to be issued in settlement of the Award, in order to
prevent dilution or enlargement of the Participant’s rights under the Award. For purposes of the
foregoing, conversion of any convertible securities of the Company shall not be treated as
“effected without receipt of consideration by the Company.” Any and all new, substituted or
additional securities or other property (other than regular, periodic cash dividends paid on Stock
pursuant to the Company’s dividend policy) to which Participant is entitled by reason of ownership
of Performance Shares acquired pursuant to this Award will be immediately subject to the provisions
of this Award on the same basis as all Performance Shares originally acquired hereunder. Any
fractional Performance Share or share of Stock resulting from an adjustment pursuant to this
Section shall be rounded down to the nearest whole number. Such adjustments shall be determined by
the Committee, and its determination shall be final, binding and conclusive.

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     11. Rights as a Stockholder, Director, Employee or Consultant.

          The Participant shall have no rights as a stockholder with respect to any shares of Stock
which may be issued in settlement of this Award until the date of the issuance of such shares (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company). No adjustment shall be made for dividends, distributions or other rights
for which the record date is prior to the date the shares of Stock are issued, except as provided
in Section 10. If the Participant is an Employee, the Participant understands and acknowledges
that, except as otherwise provided in a separate, written employment agreement between a
Participating Company and the Participant, the Participant’s employment is “at will” and is for no
specified term. Nothing in this Agreement shall confer upon the Participant any right to continue
in the Service of a Participating Company or interfere in any way with any right of the
Participating Company Group to terminate the Participant’s Service at any time.

     12. Legends.

          The Company may at any time place legends referencing any applicable federal, state or foreign
securities law restrictions on all certificates representing shares of stock issued pursuant to
this Agreement. The Participant shall, at the request of the Company, promptly present to the
Company any and all certificates representing shares acquired pursuant to this Award in the
possession of the Participant in order to carry out the provisions of this Section.

     13. Compliance with Section 409A.

          It is intended that any election, payment or benefit which is made or provided pursuant to or
in connection with this Award that may result in Section 409A Deferred Compensation shall comply in
all respects with the applicable requirements of Section 409A (including applicable regulations or
other administrative guidance thereunder, as determined by the Committee in good faith) to avoid
the unfavorable tax consequences provided therein for non-compliance. In connection with effecting
such compliance with Section 409A, the following shall apply:

          13.1 Separation from Service; Required Delay in Payment to Specified Employee.
Notwithstanding anything set forth herein to the contrary, no amount payable pursuant to this
Agreement on account of the Participant’s termination of Service which constitutes a “deferral of
compensation” within the meaning of the Treasury Regulations issued pursuant to Section 409A of the
Code (the “Section 409A Regulations”) shall be paid unless and until the Participant has incurred a
“separation from service” within the meaning of the Section 409A Regulations. Furthermore, to the
extent that the Participant is a “specified employee” within the meaning of the Section 409A
Regulations as of the date of the Participant’s separation from service, no amount that constitutes
a deferral of compensation which is payable on account of the Participant’s separation from service
shall paid to the Participant before the date (the “Delayed Payment Date”) which is first day of
the seventh month after the date of the Participant’s separation from service or, if earlier, the
date of the Participant’s death following such separation from service. All such amounts that
would, but for

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this Section, become payable prior to the Delayed Payment Date will be accumulated and paid on
the Delayed Payment Date.

          13.2 Other Delays in Payment. Neither the Participant nor the Company shall take any action
to accelerate or delay the payment of any benefits under this Agreement in any manner which would
not be in compliance with the Section 409A Regulations.

          13.3 Amendments to Comply with Section 409A; Indemnification. Notwithstanding any other
provision of this Agreement to the contrary, the Company is authorized to amend this Agreement, to
void or amend any election made by the Participant under this Agreement and/or to delay the payment
of any monies and/or provision of any benefits in such manner as may be determined by the Company,
in its discretion, to be necessary or appropriate to comply with the Section 409A Regulations
without prior notice to or consent of the Participant. The Participant hereby releases and holds
harmless the Company, its directors, officers and stockholders from any and all claims that may
arise from or relate to any tax liability, penalties, interest, costs, fees or other liability
incurred by the Participant in connection with the Award, including as a result of the application
of Section 409A.

          13.4 Advice of Independent Tax Advisor. The Company has not obtained a tax ruling or other
confirmation from the Internal Revenue Service with regard to the application of Section 409A to
the Award, and the Company does not represent or warrant that this Agreement will avoid adverse tax
consequences to the Participant, including as a result of the application of Section 409A to the
Award. The Participant hereby acknowledges that he or she has been advised to seek the advice of
his or her own independent tax advisor prior to entering into this Agreement and is not relying
upon any representations of the Company or any of its agents as to the effect of or the
advisability of entering into this Agreement.

     14. Miscellaneous Provisions.

          14.1 Termination or Amendment. The Committee may terminate or amend the Plan or this
Agreement at any time; provided, however, that except as provided in Section 9 in connection with a
Change in Control, no such termination or amendment may adversely affect the Participant’s rights
under this Agreement without the consent of the Participant unless such termination or amendment is
necessary to comply with applicable law or government regulation, including, but not limited to,
Section 409A. No amendment or addition to this Agreement shall be effective unless in writing.

          14.2 Nontransferability of the Award. Prior to the issuance of shares of Stock on the
applicable Settlement Date, neither this Award nor any Performance Shares subject to this Award
shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment,
pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s
beneficiary, except transfer by will or by the laws of descent and distribution. All rights with
respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant
or the Participant’s guardian or legal representative.

          14.3 Unfunded Obligation. The Participant shall have the status of a general unsecured
creditor of the Company. Any amounts payable to the Participant pursuant to the

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Award shall be an unfunded and unsecured obligation for all purposes, including, without
limitation, Title I of the Employee Retirement Income Security Act of 1974. The Company shall not
be required to segregate any monies from its general funds, or to create any trusts, or establish
any special accounts with respect to such obligations. The Company shall retain at all times
beneficial ownership of any investments, including trust investments, which the Company may make to
fulfill its payment obligations hereunder. Any investments or the creation or maintenance of any
trust or any Participant account shall not create or constitute a trust or fiduciary relationship
between the Plan Administrator or the Company and the Participant, or otherwise create any vested
or beneficial interest in the Participant or the Participant’s creditors in any assets of the
Company. The Participant shall have no claim against the Company for any changes in the value of
any assets which may be invested or reinvested by the Company with respect to the Award.

          14.4 Further Instruments. The parties hereto agree to execute such further instruments and to
take such further action as may reasonably be necessary to carry out the intent of this Agreement.

          14.5 Binding Effect. This Agreement shall inure to the benefit of the successors and assigns
of the Company and, subject to the restrictions on transfer set forth herein, be binding upon the
Participant and the Participant’s heirs, executors, administrators, successors and assigns.

          14.6 Delivery of Documents and Notices. Any document relating to participation in the Plan or
any notice required or permitted hereunder shall be given in writing and shall be deemed
effectively given (except to the extent that this Agreement provides for effectiveness only upon
actual receipt of such notice) upon personal delivery, electronic delivery at the e-mail address,
if any, provided for the Participant by a Participating Company, or upon deposit in the U.S. Post
Office or foreign postal service, by registered or certified mail, or with a nationally recognized
overnight courier service, with postage and fees prepaid, addressed to the other party at the
address of such party set forth in the Grant Notice or at such other address as such party may
designate in writing from time to time to the other party.

               (a) Description of Electronic Delivery. The Plan documents, which may include but do not
necessarily include: the Plan, the Grant Notice, this Agreement, the Plan Prospectus, and any
reports of the Company provided generally to the Company’s stockholders, may be delivered to the
Participant electronically. In addition, if permitted by the Company, the Participant may deliver
electronically the Grant Notice to the Company or to such third party involved in administering the
Plan as the Company may designate from time to time. Such means of electronic delivery may include
but do not necessarily include the delivery of a link to a Company intranet or the Internet site of
a third party involved in administering the Plan, the delivery of the document via e-mail or such
other means of electronic delivery specified by the Company.

               (b) Consent to Electronic Delivery. The Participant acknowledges that the Participant has
read Section 14.6(a) of this Agreement and consents to the electronic delivery of the Plan
documents and, if permitted by the Company, the delivery of the Grant Notice, as described in
Section 14.6(a). The Participant acknowledges that he or she may receive

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from the Company a paper copy of any documents delivered electronically at no cost to the
Participant by contacting the Company by telephone or in writing. The Participant further
acknowledges that the Participant will be provided with a paper copy of any documents if the
attempted electronic delivery of such documents fails. Similarly, the Participant understands that
the Participant must provide the Company or any designated third party administrator with a paper
copy of any documents if the attempted electronic delivery of such documents fails. The
Participant may revoke his or her consent to the electronic delivery of documents described in
Section 14.6(a) or may change the electronic mail address to which such documents are to be
delivered (if Participant has provided an electronic mail address) at any time by notifying the
Company of such revoked consent or revised e-mail address by telephone, postal service or
electronic mail. Finally, the Participant understands that he or she is not required to consent to
electronic delivery of documents described in Section 14.6(a).

          14.7 Integrated Agreement. The Grant Notice, this Agreement and the Plan, together with the
Superseding Agreement, if any, shall constitute the entire understanding and agreement of the
Participant and the Participating Company Group with respect to the subject matter contained herein
or therein and supersede any prior agreements, understandings, restrictions, representations, or
warranties among the Participant and the Participating Company Group with respect to such subject
matter. To the extent contemplated herein or therein, the provisions of the Grant Notice, this
Agreement and the Plan shall survive any settlement of the Award and shall remain in full force and
effect.

          14.8 Applicable Law. This Agreement shall be governed by the laws of the State of California
as such laws are applied to agreements between California residents entered into and to be
performed entirely within the State of California.

          14.9 Counterparts. The Grant Notice may be executed in counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument.

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APPENDIX A

ILLUSTRATION OF ADJUSTMENT TO AVERAGE PER SHARE CLOSING PRICE

TO REFLECT ASSUMED REINVESTMENT OF CASH DIVIDENDS AND DISTRIBUTIONS

	1.	 	Assumptions:

	 	•	 	For the purposes of this illustration only, the averaging periods for determination
of the Average Per Share Closing Price are assumed to be the 10-day periods beginning
on the first day of the Performance Period and ending on the last day of the
Performance Period.
	 
	 	•	 	The Company declares and pays a quarterly cash dividend of $0.05 per share
throughout all periods relevant to this illustration, with ex-dividend dates occurring
each year on or about March 28, June 28, September 28 and December 28.
	 
	 	•	 	On the ex-dividend date, the dividend paid is reinvested to purchase an additional
fractional share.
	 
	 	•	 	The Performance Period begins on January 1, 2XX1 and ends on December 31, 2XX3.

	2.	 	Calculate Average Per Share Closing Price at the beginning of the Performance Period.

	 	 	No ex-dividend date occurs during the 10-day averaging period at the beginning of the
Performance Period. Therefore, Average Per Share Closing Price for the seven trading days
during the 10-day period beginning 01/01/2XX1 is determined as follows:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Total	 
	 	 	 	 	 	 	 	 	 	 	Shares	 	 	Accumulated	 	 	Accumulated	 
	Trading Day	 	Closing Price	 	 	Dividend Paid	 	 	Purchased	 	 	Shares	 	 	Value	 
	1/2/2XX1
	 	$	6.94	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.94	 
	1/3/2XX1
	 	$	6.78	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.78	 
	1/4/2XX1
	 	$	6.53	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.53	 
	1/5/2XX1
	 	$	6.31	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.31	 
	1/6/2XX1
	 	$	6.38	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.38	 
	1/9/2XX1
	 	$	6.42	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.42	 
	1/10/2XX1
	 	$	6.08	 	 	 	 	 	 	 	 	 	 	 	1.0000	 	 	$	6.08	 
	Average Per Share Closing Price
	 	$	6.49	 

	3.	 	Calculate Accumulated Shares During the Performance Period.
	 
	 	 	On each ex-dividend date during the Performance Period, assume that the dividend of $0.05
paid on one share is reinvested, and the fractional share is added to
the 1.0000 accumulated shares determined during the initial averaging period.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Accumulated	 
	Ex-Dividend Date	 	Closing Price	 	 	Dividend Paid	 	 	Shares Purchased	 	 	Shares	 
	03/28/2XX1
	 	$	5.37	 	 	$	0.05	 	 	 	.0093	 	 	 	1.0093	 
	06/28/2XX1
	 	$	4.18	 	 	$	0.05	 	 	 	.0120	 	 	 	1.0213	 
	09/28/2XX1
	 	$	4.58	 	 	$	0.05	 	 	 	.0109	 	 	 	1.0322	 
	12/28/2XX1
	 	$	7.43	 	 	$	0.05	 	 	 	.0067	 	 	 	1.0389	 
	03/28/2XX2
	 	$	7.81	 	 	$	0.05	 	 	 	.0064	 	 	 	1.0453	 
	06/28/2XX2
	 	$	6.22	 	 	$	0.05	 	 	 	.0080	 	 	 	1.0533	 
	09/30/2XX2
	 	$	3.18	 	 	$	0.05	 	 	 	.0157	 	 	 	1.0690	 
	12/30/2XX2
	 	$	3.35	 	 	$	0.05	 	 	 	.0149	 	 	 	1.0839	 
	03/28/2XX3
	 	$	3.70	 	 	$	0.05	 	 	 	.0135	 	 	 	1.0974	 
	06/30/2XX3
	 	$	8.97	 	 	$	0.05	 	 	 	.0056	 	 	 	1.1030	 
	09/29/2XX3
	 	$	13.15	 	 	$	0.05	 	 	 	.0038	 	 	 	1.1068	 
	12/29/2XX3
	 	$	16.79	 	 	$	0.05	 	 	 	.0030	 	 	 	1.1098	 

11

 

	4.	 	Calculate Average Per Share Closing Price at the end of the Performance Period.
	 
	 	 	On the ex-dividend date occurring on December 29, 2XX3, assume that the dividend of $0.05
paid on one share is reinvested, and the fractional share is added to the 1.1068 accumulated
shares determined through the last ex-dividend date prior to the final averaging period.
Compute an adjusted Average Per Share Closing Price for the seven trading days during the
10-day period ending 12/31/2XX3.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Total	 
	 	 	 	 	 	 	 	 	 	 	Shares	 	 	Accumulated	 	 	Accumulated	 
	Trading Day	 	Closing Price	 	 	Dividend Paid	 	 	Purchased	 	 	Shares	 	 	Value	 
	12/22/2XX3
	 	$	15.21	 	 	 	 	 	 	 	 	 	 	 	1.1068	 	 	$	16.83	 
	12/23/2XX3
	 	$	16.06	 	 	 	 	 	 	 	 	 	 	 	1.1068	 	 	$	17.78	 
	12/24/2XX3
	 	$	16.26	 	 	 	 	 	 	 	 	 	 	 	1.1068	 	 	$	18.00	 
	12/226/2XX3
	 	$	16.34	 	 	 	 	 	 	 	 	 	 	 	1.1068	 	 	$	18.09	 
	12/29/2XX3
	 	$	16.79	 	 	$	0.05	 	 	 	.0030	 	 	 	1.1098	 	 	$	18.63	 
	12/30/2XX3
	 	$	17.48	 	 	 	 	 	 	 	 	 	 	 	1.1098	 	 	$	19.40	 
	12/31/2XX3
	 	$	17.42	 	 	 	 	 	 	 	 	 	 	 	1.1098	 	 	$	19.33	 
	Average Per Share Closing Price with Dividends Reinvested
	 	$	18.29	 

12

 

TRIDENT MICROSYSTEMS, INC.

NOTICE OF GRANT OF RELATIVE TOTAL STOCKHOLDER RETURN PERFORMANCE SHARES

(For US Participant)

The Participant has been granted an award of Relative Total Stockholder Return Performance
Shares (the “Award”) pursuant to the Trident Microsystems, Inc. 2010 Equity Incentive Plan (the
“Plan”), each of which represents the right to receive on the applicable Settlement Date one (1)
share of Stock of Trident Microsystems, Inc., as follows:

	 	 	 

	Participant:

	 	                                               Employee ID:                     
	 
	 	 
	Date of Grant:

	 	April 27, 2011
	 
	 	 
	Target Number of
Performance Shares:

	 	                                        , subject to adjustment as provided by the Performance Share Agreement.
	 
	 	 
	Maximum Number of
Performance Shares:

	 	                                         (200% of Target Number of Performance Shares), subject to adjustment as provided by the Performance
Share Agreement.
	 
	 	 
	Performance Period:

	 	The period beginning April 1, 2011 and ending March 31, 2014.
	 
	 	 
	Performance Measure:

	 	The Company Percentile Rank for the Performance Period.
	 
	 	 
	Company Percentile 

Rank:

	 	The percentile rank of the Company’s Total Stockholder Return compared to an array consisting of the
Total Stockholder Returns of the Company and each Comparator Security.
	 
	 	 
	Relative Return Factor:

	 	The applicable Relative Return Factor for the Performance Period is a percentage equal to (Company
Percentile Rank x X)  —  Y, computed to four decimal places and subject to a maximum percentage of
200%.

X and Y shall be determined as follows:

	 	 	 	 	 	 	 	 	 	 	 
	Company Percentile Rank	 	 	X	 	 	Y	 
	<40th percentile	 	 	0	 	 	 	0	%
	40th to 50th percentile	 	 	5	 	 	 	150	%
	50th to 100th percentile	 	 	4	 	 	 	100	%

	 	 	 	 	 

	 	 	Based on the above:
	 
	 	 	 	 
	 

	 	 	 	(i) for every full percentage point that the Company Percentile Rank increases between the 40th
percentile and the 50th percentile, the Relative Return Factor increases by 5 percentage points; and
	 
	 	 	 	 
	 

	 	 	 	(ii) for every full percentage point that the Company Percentile Rank increases between the 50th and
75th percentile, the Relative Return Factor increases by 4 percentage points; subject to a maximum
Relative Return Factor of 200%.
	 
	 	 	 	 
	Earned Performance 

Shares:	 	Except as provided by the Performance Share Agreement, the number of Earned Performance Shares, if any
(not to exceed the Maximum Number of Performance Shares), shall equal the product (rounded down to the
nearest whole number) of (i) the Target Number of Performance Shares and (ii) the Relative Return Factor
for the Performance Period, as illustrated by Appendix A.
	 
	 	 	 	 
	Vesting Date:	 	April 27, 2014, except as otherwise provided by the Performance Share Agreement.
	 
	 	 	 	 
	Vested Performance 

Shares:	 	Provided that the Participant’s Service has not terminated prior to the Vesting Date (except as
otherwise provided by the Performance Share Agreement), the Earned

 

 

	 	 	 	 	 

	 	 	Performance Shares, if any, shall
become Vested Performance Shares on the Vesting Date.
	 
	 	 	 	 
	Settlement Date:	 	For each Earned Performance Share, except as otherwise provided by the Performance Share Agreement, the
date on which such Earned Performance Share becomes a Vested Performance Share.
	 
	 	 	 	 
	Superseding Agreement:	 	SELECT: [None] or [Trident Microsystems, Inc. Executive Retention and Severance Plan, as amended from
time to time]

By their signatures below or by electronic acceptance or authentication in a form authorized by the
Company, the Company and the Participant agree that the Award is governed by this Grant Notice, the
Relative Total Stockholder Return Performance Share Agreement and by the provisions of the Plan,
both of which are made a part of this document. The Participant acknowledges that copies of the
Plan, Relative Total Stockholder Return Performance Share Agreement and the prospectus for the Plan
are available on the Company’s internal web site or by accessing the Trident Microsystems, Inc.
employee stock plans page on the E*TRADE web site and may be viewed and printed by the Participant
for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the
Participant has read and is familiar with the provisions of the Plan and the Total Stockholder
Return Performance Share Agreement, and hereby accepts the Award subject to all of their terms and
conditions.

	 	 	 	 	 

	TRIDENT MICROSYSTEMS, INC.	 	PARTICIPANT
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 
	 	 
	 

	 	David L. Teichmann
	 	Signature
	 

	 	Executive VP, General Counsel & Corporate	 	 
	 

	 	 	 	 
	 

	 	Secretary	 	 
	 
	 	 	 	 
	 

	 	 	 	Date
	Address: 1170 Kifer Road	 	 
	 

	 	 	 	 
	 

	 	     Sunnyvale, California 94086
	 	Address
	 

	 	 	 	 

	 	 	 

	ATTACHMENTS:

	 	Appendix A — Illustration of Relative Return Factor and Resulting Number of Earned Performance Shares
	 
	 	 
	 

	 	Appendix B — Illustration of Computation of Earned Performance Shares
	 
	 	 
	 

	 	2010 Equity Incentive Plan, as amended to the Date of Grant
	 
	 	 
	 

	 	Relative Total Stockholder Return Performance Share Agreement (for U.S. Participant)
	 
	 	 
	 

	 	Plan Prospectus

2

 

APPENDIX A

ILLUSTRATION OF RELATIVE RETURN FACTOR AND RESULTING NUMBER OF EARNED UNITS

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Earned Performance
	 	 	 	 	 	 	 	 	 	 	Shares
	 	 	 	 	 	 	Relative Return	 	(Per 1,000 Target
	 	 	Company Percentile Rank	 	Factor	 	Performance Shares)
	Maximum
	 	 	75% - 100	%	 	 	200.0000	%	 	 	2,000	 
	 
	 	 	70	%	 	 	180.0000	%	 	 	1,800	 
	 
	 	 	65	%	 	 	160.0000	%	 	 	1,600	 
	 
	 	 	60	%	 	 	140.0000	%	 	 	1,400	 
	 
	 	 	55	%	 	 	120.0000	%	 	 	1,200	 
	 
	 	 	54	%	 	 	116.0000	%	 	 	1,160	 
	 
	 	 	53	%	 	 	112.0000	%	 	 	1,120	 
	 
	 	 	52	%	 	 	108.0000	%	 	 	1,080	 
	 
	 	 	51	%	 	 	104.0000	%	 	 	1,040	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Target
	 	 	50	%	 	 	100.0000	%	 	 	1,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	49	%	 	 	95.0000	%	 	 	950	 
	 
	 	 	48	%	 	 	90.0000	%	 	 	900	 
	 
	 	 	47	%	 	 	85.0000	%	 	 	850	 
	 
	 	 	46	%	 	 	80.0000	%	 	 	800	 
	 
	 	 	45	%	 	 	75.0000	%	 	 	750	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Threshold
	 	 	40	%	 	 	50.0000	%	 	 	500	 
	 
	 	 	0% - <40	%	 	 	0.00	%	 	 	0	 

 

 

APPENDIX B

ILLUSTRATION OF CALCULATION OF EARNED PERFORMANCE SHARES

PER 1,000 TARGET PERFORMANCE SHARES

Assumes Company Total Stockholder Return results in a hypothetical Percentile Rank of 67.0000%

	 	 	 	 	 	 	 	 	 

	Assumptions:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	TRID:
	 	 	 	 	 	 	 	 
	Average Per
Share Closing Price (beginning 60 day period)
	 	 	 	 	 	$	6.49	 
	Average Per
Share Closing Price (ending 60 day period)
	 	 	 	 	 	$	18.29	 
	 
	 	 	 	 	 	 	 	 
	Computations:
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Company Total Stockholder Return
	 	 	(($18.29 / $6.49) - 1) x 100	 	 	 	181.8182	%
	 
	 	 	 	 	 	 	 	 
	Percentile Rank of 181.8182%
	 	 	 	 	 	 	67.0000%(hypothetical)
	 
	 	 	 	 	 	 	 	 
	Relative Return Factor
	 	 	(67.0000% x 4) - 100	%	 	 	168.0000	%
	 
	 	 	 	 	 	 	 	 
	Earned Performance Shares
	 	 	1,000 x 168.0000	%	 	 	1,680exv10w1

Exhibit 10.1

PLEXUS CORP.

FISCAL [_____] VARIABLE INCENTIVE COMPENSATION PLAN

UNDER THE 2008 LONG-TERM INCENTIVE PLAN

FOR THE PLEXUS LEADERSHIP TEAM

	 	I.	 	PLAN OBJECTIVE

The primary objective of this Variable Incentive Compensation Plan is to reward results delivered
by Participants and designed to assist Plexus Corp. in attracting, retaining and motivating highly
qualified and talented executives. The Awards under this Plan are Cash Incentive Awards under the
2008 LTIP and are intended to qualify as performance-based compensation under Section 162(m) of the
Internal Revenue Code. This Plan provides annual variable incentive cash compensation
opportunities to Participants for the achievement of performance goals and personal objectives that
contribute to the overall success of Plexus.

	 	II.	 	DEFINITIONS

The terms used herein shall have the following meanings:

	 	(a)	 	“2008 LTIP” means the Plexus Corp. 2008 Long-Term Incentive Plan, as amended
and restated.
	 
	 	(b)	 	“Average Capital Employed” means the five (5) point average of the [prior] fiscal year end
and the quarterly fiscal year [current] Capital Employed balances.
	 
	 	(c)	 	“Award” means the amount of a cash incentive payable under the Plan to a Participant with
respect to the Plan Year.
	 
	 	(d)	 	“Capital Employed” means equity plus debt, less cash and cash equivalents and short-term
Investments.
	 
	 	(e)	 	“Committee” means the Compensation and Leadership Development Committee of the Plexus
Corp. Board of Directors.
	 
	 	(f)	 	“Company” means Plexus Corp.
	 
	 	(g)	 	“VICP Percentage” means the percentage of Salary that a Participant would receive as an
Award if plan targets are met.
	 
	 	(h)	 	“Operating Income” means the Company’s operating income as reported in its audited
income statement for fiscal year [current], as adjusted to eliminate stock-based employee
compensation expense and other non-recurring or unusual charges.
	 
	 	(i)	 	“Participant(s)” means those individuals eligible, as determined by the
Committee, for an
Award under this Plan.
	 
	 	(j)	 	“Performance Goal” has the same meaning as set forth in section 2(r) of the 2008 LTIP.
	 
	 	(k)	 	“Plan Year” is the Company’s [current] fiscal year, which begins on [_______,
20__] and continues through [_______, 20__].
	 
	 	(l)	 	“Plan” means this Variable Incentive Compensation Plan (VICP), as amended from time to
time.

Page 1 of 4

 

	 	(m)	 	“Plexus Leadership Team” means the executive officers of Plexus Corp. as reported in the
Company’s filings with the U.S. Securities Exchange Commission.
	 
	 	(n)	 	“Net Income” means Plan Year net income reported in the consolidated statements of
operations for Plexus Corp. and its subsidiaries.
	 
	 	(o)	 	“Salary” means the Participant’s Plan Year base salary excluding bonuses, paid
commissions, reimbursed relocation expenses, or any other special pay, but including
amounts deferred and subject to applicable pro-rations (See Change in Employment Status
or Position, below).

	 	III.	 	AWARDS

	 	A.	 	Eligibility and Participation

Participation in this Plan is limited to the Plexus Leadership Team. A Participant’s VICP
Percentage shall be determined and approved by the Committee. Unless otherwise determined by the
Committee, a Participant must be employed through the last day of the Plan Year to receive an
Award. The Committee, in its sole discretion, may make exceptions to this requirement in the case
of retirement, death or disability or under other circumstances as determined by the Committee. If
approved by the Committee, Awards for Participants who leave due to retirement, disability or death
will be in an amount equal to the Award that the Participant would have received had the
Participant remained employed through the Plan Year and then pro-rated by eligible weeks on the
Company (or one of its wholly-owned subsidiaries) payroll divided by the number of weeks of the
Plan Year.

	 	B.	 	Incentive Plan Performance Measures

The incentive performance measures, each of which stands independently of the others with
regard to full Award opportunities, are:

	 	•	 	Revenue: Total fiscal year [current] net sales of the
Company.
	 
	 	•	 	Return on Average Capital Employed (ROCE): Annual Operating
Income for fiscal year [current] divided by Average Capital Employed.
	 
	 	•	 	Personal Objectives: Individual Participant objectives that relate to strategic
projects or site, location, team or group goals for the Plan Year; the number of goals for
a Participant may vary. Personal Objectives are reviewed and approved by the Committee.

The performance components of an Award and the weighting of the payout relative to threshold, plan
target, and full opportunity achievement for each are identified below:

Page 2 of 4

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Award Components

	 	 	Threshold
	 	 	Payout at or

below

Threshold***
	 	 	Plan Target
	 	 	Payout at

Target***
	 	 	Full

Opportunity

Target
	 	 	Payout at or
above Full
Opportunity
Target***	 
	 	
Revenue

	 	 	$*
	 	 	 	0%	 	 	 	$*
	 	 	*%
	 	 	$*
	 	 	*%	 
	 	
ROCE

	 	 	*%
	 	 	 	0%	 	 	 	*%
	 	 	*%
	 	 	*%
	 	 	*%	 
	 	Personal
Objectives**

	 	 	Subject to the
Company having Net
Income and
Participant
completion of
personal objectives
	 	 	 	0-20%	 	 	 	Subject to the
Company having Net
Income and
Participant
completion of
personal objectives
	 	 	0-20%
	 	 	Subject to the
Company having Net
Income and
Participant
completion of
personal objectives
	 	 	0-20%	 
	 	
Total Incentive
Payout (as a
percent of VICP
Percentage) =
Revenue + ROCE +
Personal Objectives

	 	 	 	 	 	 	0-20%	 	 	 	 	 	 	80-100%
	 	 	 	 	 	180-200%	 
	 

* Specific Threshold, Plan Target and Full Opportunity Target amounts, and percentages
allocated to each component, are the same for each participant and determined with the approval of
the Committee; that information shall be communicated to eligible participants. All year references
herein will be deemed to refer to the appropriate fiscal year and numbers in this matrix will be
re-set for such years.

** The Committee may use negative discretion to establish a payout that is less than the 20% for
the Personal Objective component depending upon its evaluation of the Participant’s achievement of
his or her Personal Objectives.

*** See III.C. Award Calculations below for the calculation of Payouts if Revenue or ROCE is
between Threshold and Target or between Target and Full Opportunity Target.

In measuring the degree of attainment of a Performance Goal under this Plan, Extraordinary
Charges (as defined in the 2008 LTIP) shall be disregarded except as otherwise determined by the
Committee in its discretion.

	 	C.	 	Award Calculation

Notwithstanding anything in this Plan to the contrary, no Award shall be payable to a Participant
under this Plan, including any amounts for the Personal Objective component, unless the Company has
Net Income for the Plan Year. In the event of results that are below the Revenue and the ROCE
threshold levels, only Personal Objectives may have a payout
(provided the Company has Net Income as noted above and the Participant otherwise satisfies Plan
terms); Awards for the Revenue and ROCE component have no associated payout until the applicable
threshold is exceeded.

A Participant’s Award shall be determined as follows:

Revenue Payout - determined in accordance with the Award Components table above in
III.B., except:

If Revenue is between Threshold and Target:

(Actual — Threshold) / (Plan Target — Threshold) x 40% = Revenue Payout %

If Revenue is between Target and Full Opportunity Target:

40% + [(Actual — Plan Target) / (Full Opportunity Target — Plan Target) x 50%] =
Revenue Payout %

Page 3 of 4

 

ROCE Payout- determined in accordance with the table above in III B, except:

If ROCE is between Threshold and Target:

(Actual — Threshold) / (Plan Target — Threshold) x 40% = ROCE Payout %

If ROCE is between Target and Full Opportunity Target:

40% + [(Actual — Plan Target) / (Full Opportunity Target — Plan Target) x 50%] =
ROCE Payout %

Personal Objective Payout

Personal Objective Payout % is determined by the Committee.

Total Incentive Payout

Revenue Payout % + ROCE Payout % + Personal Objective Payout % = Total Incentive Payout %

Award

Total Incentive Payout % x VICP Percentage x Participant’s Salary

The maximum Award payable to a Participant pursuant to the Plan for the Plan Year shall not exceed
$4,000,000.

	 	D.	 	Payment Date

Eligible participants will be paid Awards no later than December [_, 20__].

	 	E.	 	Change in Employment Status or Position

Awards to Participants changing status (to/from eligible/ineligible position) are to be
pro-rated by eligible weeks on the Company (or its wholly-owned subsidiaries) payroll divided by
the number of weeks of the Plan Year. Awards are calculated for each position a Participant holds
through the Plan Year and are pro-rated accordingly based on calendar weeks in each position. New
or rehired employees who enter the Plan after the start of the Plan Year will receive a pro-rated
Award based on the time actually in the Plan. Awards for Participants who are on an unpaid leave
of absence will be pro-rated based upon eligible calendar weeks on the Company (or its wholly-owned
subsidiaries) payroll divided by the number of weeks of the Plan Year (no such pro-ration will
occur for any portion of an Award attributable to personal objectives).

	 	F.	 	Shareholder Approval

Awards payable in respect of fiscal 2011 performance are subject to and conditioned upon
shareholder approval of amendments to the 2008 LTIP at the 2011 annual meeting of shareholders.
[Applicable only to awards for fiscal 2011; shareholders approved the amendments to the 2008 LTIP
at the 2011 annual meeting.]

	 	IV.	 	ADMINISTRATION

The Committee is responsible for the administration of the Plan and its interpretation, including
decisions on eligibility, Participant’s VICP Percentage, and the establishment of Performance
Goals.

	 	V.	 	MISCELLANEOUS

Compensation under this Plan is subject to the Company’s Compensation Clawback Policy, as it may be
amended from time to time. Nothing in this Plan document or associated communications in any way
promises or guarantees the compensation or employment of any Participant with Company or any
successor or related company. In the event of a conflict between this Plan and the terms and
conditions of a Participant’s employment agreement with the Company (if applicable), the terms and
conditions of the Participant’s employment agreement shall govern.

Page 4 of 4

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