Document:

Assignment No. 14 of Receivables in Additional Asset Pool One Accounts

 Exhibit 10.2 
 ASSIGNMENT NO. 14 OF RECEIVABLES IN ADDITIONAL ACCOUNTS INCLUDED IN ASSET POOL ONE (this “Assignment”), dated as of March 28, 2007, by and between CHASE ISSUANCE TRUST (the “Trust”) and WELLS
FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”) as collateral agent (in such capacity, the “Collateral Agent”), pursuant to the Asset Pool One Supplement referred to below, and acknowledged by Chase Bank USA, National
Association (formerly known as Chase Manhattan Bank USA, National Association), in its capacity as servicer under the Second Amended and Restated Transfer and Servicing Agreement, dated as of March 14, 2006, each by and between Chase Bank USA,
National Association, as transferor and servicer, and Wells Fargo Bank, National Association, as indenture trustee (in such capacity, the “Indenture Trustee”) and Collateral Agent. 
 WITNESSETH: 
 WHEREAS, the Trust and Wells Fargo, as Collateral Agent and Indenture
Trustee, are parties to the Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004, as amended by the First Amendment thereto, dated as of May 10, 2005 and the Second Amendment thereto, dated as of February 1,
2006 (hereinafter as such agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Asset Pool One Supplement”); 
 WHEREAS, pursuant to the Asset Pool One Supplement, the Trust wishes to designate Additional Accounts to be included as Asset Pool One Accounts and to pledge hereby the Receivables of such Additional Accounts (as each
such term is defined in the Asset Pool One Supplement), whether now existing or hereafter created, to the Collateral Agent to be included as Asset Pool One Receivables; and 
 WHEREAS, the Collateral Agent, on behalf of and for the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual
capacity and the Collateral Agent, in its individual capacity, is willing to accept such designation and pledge subject to the terms and conditions hereof; 
 NOW, THEREFORE, the Trust and the Collateral Agent hereby agree as follows: 
 1. Defined Terms. All
capitalized terms used herein shall have the meanings ascribed to them in the Asset Pool One Supplement unless otherwise defined herein. 
 “Addition Cut Off Date” shall mean, with respect to the Additional Accounts designated hereby, February 28, 2007. 
 “Addition Date” shall mean, with respect to the Additional Accounts designated on Schedule 1 hereto, March 28, 2007. 

 “Notice Date” shall mean, with respect to the Additional Accounts designated on Schedule
1 hereto, March 12, 2007. 
 2. Designation of Additional Accounts. On or before the Addition Date, the Trust shall deliver to
the Collateral Agent a computer file containing a true and complete list of each VISA and MasterCard account which, as of the Addition Date, shall be deemed to be an Additional Asset Pool One Account, identified by account number and the aggregate
amount of the Receivables in each such Additional Asset Pool One Account as of the Addition Cut Off Date, which computer file shall be marked as Schedule 1 to this Assignment and which shall be, as of the Addition Date, incorporated into and made a
part of this Assignment and the Asset Pool One Supplement. 
 3. Pledge of Receivables. (a) The Issuing Entity hereby grants to
the Collateral Agent for the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity, a security interest in all of its right, title and interest,
whether owned on the Addition Cut Off Date or thereafter acquired, in the Receivables existing on the Addition Cut Off Date or thereafter created in the Additional Asset Pool One Accounts, all Interchange and Recoveries related thereto, all monies
due or to become due and all amounts received or receivable with respect thereto and the “proceeds” (including “proceeds” as defined in the applicable UCC) thereof and Insurance Proceeds relating thereto to secure the Asset Pool
One Notes (and the obligations under the Indenture and the Asset Pool One Supplement), equally and ratably without prejudice, priority or distinction between any Asset Pool One Note by reason of difference in time of issuance or otherwise, except as
otherwise expressly provided in the Indenture, or in the Indenture Supplement which establishes any Series, Class or Tranche of Notes, and to secure (i) the payment of all amounts due on such Asset Pool One Notes in accordance with their
respective terms, (ii) the payment of all other sums payable by the Issuing Entity under the Indenture, any Indenture Supplement and the Asset Pool One Supplement relating to the Asset Pool One Notes and (iii) compliance by the Issuing
Entity with the provisions of the Indenture, any Indenture Supplement or the Asset Pool One Supplement relating to the Asset Pool One Notes. This Assignment constitutes a security agreement under the UCC. 
 (b) If necessary, the Trust agrees to record and file, at its own expense, financing statements (and continuation statements when applicable) with
respect to the Asset Pool One Receivables in Additional Asset Pool One Accounts existing on the Addition Cut Off Date and thereafter created meeting the requirements of applicable state law in such manner and in such jurisdictions as are necessary
to perfect, and maintain perfection of, the sale and assignment of its interest in such Asset Pool One Receivables to the Collateral Agent, and to deliver a file-stamped copy of each such financing statement or other evidence of such filing to the
Collateral Agent on or prior to the Addition Date. The Collateral Agent shall be under no obligation whatsoever to file such financing or continuation statements or to make any filing under the UCC in connection with such sale and assignment.

  

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 (c) In connection with such transfers, the Trust further agrees, at its own expense, on or prior to the
date of this Assignment, to indicate in the appropriate computer files that Receivables created in connection with the Additional Asset Pool One Accounts and designated hereby have been pledged to the Collateral Agent pursuant to this Assignment for
the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity. 
 (d) It is the intention of the parties hereto that all pledges of Receivables to the Collateral Agent pursuant to this Assignment be subject to, and be treated in accordance with, the Delaware Act and each of the
parties hereto agrees that this Assignment has been entered into by the parties hereto in express reliance upon the Delaware Act. For purposes of complying with the requirements of the Delaware Act, each of the parties hereto hereby agrees that any
property, assets or rights purported to be pledged, in whole or in part, by the Trust pursuant to this Assignment shall be deemed to no longer be the property, assets or rights of the Trust. The parties hereto acknowledge and agree that each such
transfer is occurring in connection with a “securitization transaction” within the meaning of the Delaware Act. 
 4. Acceptance
by Collateral Agent. The Collateral Agent hereby acknowledges its acceptance of all right, title and interest in and to the Receivables in the Additional Asset Pool One Accounts now existing and hereafter created, pledged to the Collateral Agent
pursuant to Section 3(a) of this Assignment and declares that it shall maintain such right, title and interest, upon the trust herein set forth, for the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its
individual capacity and the Collateral Agent, in its individual capacity. 
 5. Representations and Warranties of the Trust. The Trust
hereby represents and warrants to the Collateral Agent, as the Addition Date, that: 
 (a) Conditions Precedent. All of the
requirements for the addition of Accounts set forth under subsection 2.12(c) of the Transfer and Servicing Agreement shall have been satisfied and all of the representations and warranties set forth under subsection 2.04(a) of the Transfer and
Servicing Agreement to be made on each Addition Date shall be true and correct in all material respects on such Addition Date; 
 (b)
Legal Valid and Binding Obligation. This Assignment constitutes a legal, valid and binding obligation of the Trust enforceable against the Trust in accordance with its terms, except as such enforceability may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity
(whether considered in a suit at law or in equity); 
 (c) Eligibility of Accounts. As of the Addition Cut Off Date, each Additional
Account designated hereby is an Eligible Account; 
  

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 (d) Insolvency. As of each of the Addition Cut Off Date and the Addition Date, no Insolvency Event
with respect to the Trust has occurred and the transfer by the Transferor of Receivables arising in the Additional Accounts to the Collateral Agent has not been made in contemplation of the occurrence thereof; 
 (e) No Adverse Effect. The acquisition by the Collateral Agent of the Receivables arising in the Additional Accounts shall not, in the reasonable
belief of the Trust, result in an Adverse Effect; 
 (f) No Conflict. The execution and delivery by the Trust of this Assignment, the
performance of the transactions contemplated by this Assignment and the fulfillment of the terms hereof applicable to the Trust, will not conflict with or violate any Requirements of Law applicable to the Trust or conflict with, result in any breach
of any of the material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which the Trust is a party
or by which it or its properties are bound; 
 (g) No Proceedings. There are no proceedings or investigations, pending or, to the best
knowledge of the Trust, threatened against the Trust before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of this Assignment, (ii) seeking to prevent the
consummation of any of the transactions contemplated by this Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of the Trust, would materially and adversely affect the performance by the Transferor of its
obligations under this Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of this Assignment; and 
 (h) All Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by the
Trust in connection with the execution and delivery of this Assignment by the Trust and the performance of the transactions contemplated by this Assignment by the Trust, have been obtained. 
 6. Conditions Precedent. The acceptance by the Collateral Agent set forth in Section 4 hereof and the amendment of the Asset Pool One
Supplement pursuant to Section 6 hereof are each subject to the satisfaction of the conditions precedent set forth in Section 2.4(c) of the Asset Pool One Supplement on or prior to the dates specified in such Section 2.4(c), except to
the extent any such conditions have been waived. For purposes of Section 2.4(c)(i) of the Asset Pool One Supplement, “Notice Date” shall having the meaning specified in Section 1 hereof. With respect to the condition specified in
Section 2.4(c)(xi) of the Agreement, on or prior to the date hereof, the Administrator, on behalf of the Issuing Entity, shall have delivered to the Collateral Agent a certificate of a Vice President or more senior officer of the Administrator,
substantially in the form of Schedule 2 hereto, certifying that all requirements set forth in 

  

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Section 2.4(c) of the Asset Pool One Supplement for designating and conveying Receivables in Additional Asset Pool One Accounts have been satisfied or
waived. The Collateral Agent may conclusively rely on such Officer’s Certificate, shall have no duty to make inquiries with regard to the matters set forth therein, and shall incur no liability in so relying. 
 7. Amendment of the Asset Pool One Supplement. The Asset Pool One Supplement is hereby amended to provide that all references therein to the
“Asset Pool One Supplement,” to “this Asset Pool One Supplement” and “herein” shall be deemed from and after the Addition Date to be a dual reference to the Asset Pool One Supplement as supplemented by this Assignment.
All references therein to Additional Asset Pool One Accounts shall be deemed to include the Additional Accounts designated hereby and all references therein to Asset Pool One Receivables shall be deemed to include the Receivables pledged hereby.
Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Asset Pool One Supplement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance
with its terms and except as expressly provided herein shall not constitute or be deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Asset Pool One Supplement. 
 8. Counterparts. This Assignment may be executed in two or more counterparts, and by different parties on separate counterparts, each of which
shall be an original, but all of which shall constitute one and the same instrument. 
 9. GOVERNING LAW. THIS ASSIGNMENT SHALL BE
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

 

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 IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly executed by their
respective officers as of the day and year first above written. 
  

			
	 CHASE ISSUANCE TRUST

		
	By:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee on behalf of the Issuing Entity
		
	By:	 	 /s/ J. Christopher Murphy

	Name:	 	J. Christopher Murphy
	Title:	 	Financial Services Officer
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent
		
	By:	 	 /s/ Cheryl Zimmerman

	Name:	 	Cheryl Zimmerman, CCTS
	Title:	 	Assistant Vice President

 Acknowledged by: 
  

			
	CHASE BANK USA, NATIONAL ASSOCIATION, as Servicer
		
	By:	 	 /s/ Keith W. Schuck

	Name:	 	Keith W. Schuck
	Title:	 	President

 Chase Issuance Trust 
 Assignment No. 14 (APO) 

 Schedule 1 
 LIST OF ADDITIONAL ASSET POOL ONE ACCOUNTS 
 [TO BE DELIVERED TO THE COLLATERAL AGENT BY THE ISSUING ENTITY

 AND MARKED AS SCHEDULE 1 TO THIS ASSIGNMENT] 
 Schedule 1 

 Schedule 2 
 Chase Issuance Trust 
 Officer’s Certificate 
 Keith W. Schuck, a duly authorized officer of Chase Bank USA, Delaware, National Association, as administrator (the “Administrator”) for the
Chase Issuance Trust (the “Trust”), hereby certifies and acknowledges on behalf of the Trust that to the best of his/her knowledge the following statements are true on March 28, 2007 (the “Addition Date”), and acknowledges
on behalf of the Trust that this Officer’s Certificate will be relied upon by Wells Fargo Bank, National Association (“Wells Fargo”), as collateral agent (the “Collateral Agent”) in connection with the Collateral Agent
entering into Assignment No. 14 of Receivables in Additional Accounts, dated as of March 28, 2007 (the “Assignment”), by and between the Trust and the Collateral Agent, in connection with the Amended and Restated Asset Pool One
Supplement, dated as of October 15, 2004, as amended by the First Amendment thereto, dated as of May 10, 2005 and the Second Amendment thereto, dated as of February 1, 2006 (as heretofore supplemented and amended, the “Asset Pool
One Supplement”), each by and between the Trust and Wells Fargo as indenture trustee (the “Indenture Trustee”) and Collateral Agent. The undersigned hereby certifies and acknowledges on behalf of the Trust that: 
 (a) Conditions Precedent. All of the requirements for the addition of Accounts set forth under Section 2.4(c) of the Asset Pool One Supplement
shall have been satisfied in all material respects on the Addition Date, except to the extent any such requirements have been waived; 
 (b)
Delivery of Assignment. On or prior to the Addition Date, (i) the Trust has delivered to the Collateral Agent the Assignment (including an acceptance by the Collateral Agent for the benefit of the Asset Pool One Noteholders, the
Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity), (ii) the Trust has indicated in its computer files that the Receivables created in connection with the Additional Accounts have been
transferred to the Collateral Agent and (iii) the Trust shall deliver to the Collateral Agent a computer file containing a true and complete list of all Additional Accounts identified by account number and the aggregate amount of the
Receivables in such Additional Accounts as of the related Addition Cut Off Date, which computer file shall be as of the date of such Assignment, incorporated into and made a part of such Assignment and the Asset Pool One Supplement. 
 (c) Legal, Valid and Binding Obligation. The Assignment constitutes a legal, valid and binding obligation of the Trust enforceable against the
Trust in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in
general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity). 
 Schedule 2-1 

 (d) Eligibility of Accounts. As of the Addition Cut Off Date, each Additional Account designated
pursuant to the Assignment is an Eligible Account. 
 (e) Insolvency. As of each of the Addition Cut Off Date and the Addition Date,
no Insolvency Event with respect to the Trust has occurred and the transfer by the Transferor of Receivables arising in the Additional Accounts to the Collateral Agent has not been made in contemplation of the occurrence thereof. 
 (f) No Adverse Effect. The acquisition by the Collateral Agent of the Receivables arising in the Additional Accounts shall not, in the reasonable
belief of the Trust, result in an Adverse Effect. 
 (g) No Conflict. The execution and delivery by the Trust of this Assignment, the
performance of the transactions contemplated by the Assignment and the fulfillment of the terms thereof applicable to the Trust, will not conflict with or violate any Requirements of Law applicable to the Trust or conflict with, result in any breach
of any of the material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which the Trust is a party
or by which it or its properties are bound. 
 (h) No Proceedings. There are no proceedings or investigations, pending or, to the best
knowledge of the Trust, threatened against the Trust before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of the Assignment, (ii) seeking to prevent the
consummation of any of the transactions contemplated by the Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of the Trust, would materially and adversely affect the performance by the Transferor of its
obligations under the Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of the Assignment. 
 (i) All Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by the
Trust in connection with the execution and delivery of the Assignment by the Trust and the performance of the transactions contemplated by the Assignment by the Trust, have been obtained. 
 Initially capitalized terms used herein and not otherwise defined are used as defined in the Asset Pool One Supplement. 
  

 Schedule 2-2 

 IN WITNESS WHEREOF, I have hereunto set my hand
this 28th day of March, 2007. 
  

			
	 CHASE ISSUANCE TRUST

		
	By:	 	CHASE BANK USA, NATIONAL ASSOCIATION (formerly known as Chase Manhattan Bank USA, National Association), not in its individual capacity but solely as Administrator on behalf of the
Trust
		
	By:	 	 /s/ Keith W. Schuck

	Name:	 	Keith W. Schuck
	Title:	 	President

  

 Schedule 2-3Google Inc. Executive Bonus Plan

 Exhibit 10.23 
 GOOGLE INC. 
 EXECUTIVE BONUS PLAN 
 (Effective January 1, 2007) 

 TABLE OF CONTENTS 
  

							
	 	  	Page
	SECTION 1 BACKGROUND, PURPOSE AND DURATION	  	1
				
		  	1.1	  	Effective Date	  	1
		  	1.2	  	Purpose of the Plan	  	1
		
	SECTION 2 DEFINITIONS	  	1
				
		  	2.1	  	“Actual Award”	  	1
		  	2.2	  	“Affiliate”	  	1
		  	2.3	  	“Base Salary”	  	1
		  	2.4	  	“Board”	  	1
		  	2.5	  	“Cash Position”	  	1
		  	2.6	  	“Code”	  	1
		  	2.7	  	“Committee”	  	2
		  	2.8	  	“Company”	  	2
		  	2.9	  	“Controllable Profits”	  	2
		  	2.10	  	“Customer Satisfaction MBOs”	  	2
		  	2.11	  	“Determination Date”	  	2
		  	2.12	  	“Disability”	  	2
		  	2.13	  	“Earnings Per Share”	  	2
		  	2.14	  	“EBITDA”	  	2
		  	2.15	  	“Employee”	  	2
		  	2.16	  	“Fiscal Year”	  	2
		  	2.17	  	“Free Cash Flow”	  	3
		  	2.18	  	“Maximum Award”	  	3
		  	2.19	  	“Net Income”	  	3
		  	2.20	  	“New Orders”	  	3
		  	2.21	  	“Operating Cash Flow”	  	3
		  	2.22	  	“Operating Income”	  	3
		  	2.23	  	“Participant”	  	3
		  	2.24	  	“Payout Formula”	  	3
		  	2.25	  	“Performance Period”	  	3
		  	2.26	  	“Performance Goals”	  	3
		  	2.27	  	“Plan”	  	4
		  	2.28	  	“Retirement”	  	4
		  	2.29	  	“Return on Assets”	  	4
		  	2.30	  	“Return on Equity”	  	4
		  	2.31	  	“Return on Sales”	  	4
		  	2.32	  	“Revenue”	  	4
		  	2.33	  	“Shares”	  	4
		  	2.34	  	“Target Award”	  	5
		  	2.35	  	“Termination of Employment”	  	5
		  	2.36	  	“Total Shareholder Return”	  	5

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

							
	 	  	Page
	SECTION 3 SELECTION OF PARTICIPANTS AND DETERMINATION OF AWARDS	  	5
				
		  	3.1	  	Selection of Participants	  	5
		  	3.2	  	Determination of Performance Goals	  	5
		  	3.3	  	Determination of Target Awards	  	5
		  	3.4	  	Determination of Payout Formula or Formulae	  	5
		  	3.5	  	Date for Determinations	  	5
		  	3.6	  	Determination of Actual Awards	  	5
		
	SECTION 4 PAYMENT OF AWARDS	  	6
				
		  	4.1	  	Right to Receive Payment	  	6
		  	4.2	  	Timing of Payment	  	6
		  	4.3	  	Form of Payment	  	6
		  	4.4	  	Payment in the Event of Death or Disability	  	6
		
	SECTION 5 ADMINISTRATION	  	7
				
		  	5.1	  	Committee is the Administrator	  	7
		  	5.2	  	Committee Authority	  	7
		  	5.3	  	Decisions Binding	  	7
		  	5.4	  	Delegation by the Committee	  	7
		
	SECTION 6 GENERAL PROVISIONS	  	7
				
		  	6.1	  	Tax Withholding	  	7
		  	6.2	  	No Effect on Employment	  	7
		  	6.3	  	Participation	  	8
		  	6.4	  	Indemnification	  	8
		  	6.5	  	Successors	  	8
		  	6.6	  	Beneficiary Designations	  	8
		  	6.7	  	Nontransferability of Awards	  	8
		  	6.8	  	Deferrals	  	8
		
	SECTION 7 AMENDMENT, TERMINATION AND DURATION	  	9
				
		  	7.1	  	Amendment, Suspension or Termination	  	9
		  	7.2	  	Duration of the Plan	  	9

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

							
	 	  	Page
	SECTION 8 LEGAL CONSTRUCTION	  	9
				
		  	8.1	  	Section 162(m) Conditions; Bifurcation of Plan	  	9
		  	8.2	  	Gender and Number	  	9
		  	8.3	  	Severability	  	9
		  	8.4	  	Requirements of Law	  	9
		  	8.5	  	Governing Law	  	9
		  	8.6	  	Captions	  	9

  

 -iii- 

 GOOGLE INC. 
 EXECUTIVE BONUS PLAN 
 SECTION 1 
 BACKGROUND, PURPOSE AND DURATION 
 1.1 Effective Date. The Plan is
effective as of January 1, 2007, subject to ratification by an affirmative vote of a majority of the Shares that are present in person or by proxy and entitled to vote at the 2007 Annual Meeting of Stockholders of the Company. 
 1.2 Purpose of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Participants
(1) to perform to the best of their abilities, and (2) to achieve the Company’s objectives. The Plan’s goals are to be achieved by providing Participants with the opportunity to earn incentive awards for the achievement of goals
relating to the performance of the Company. The Plan is intended to permit the payment of bonuses that qualify as performance-based compensation under section 162(m) of the Code. 
 SECTION 2 
 DEFINITIONS 
 The following words and phrases shall have the following meanings unless a different meaning is plainly required by the context: 
 2.1 “Actual Award” means as to any Performance Period, the actual award (if any) payable to a Participant for the Performance Period.
Each Actual Award is determined by the Payout Formula for the Performance Period, subject to the Committee’s authority under Section 3.6 to eliminate or reduce the award otherwise determined by the Payout Formula. 
 2.2 “Affiliate” means any corporation or other entity (including, but not limited to, partnerships and joint ventures) controlled by the
Company. 
 2.3 “Base Salary” means as to any Performance Period, the Participant’s annualized salary rate on the last
day of the Performance Period. Such Base Salary shall be before both (a) deductions for taxes or benefits, and (b) deferrals of compensation pursuant to any applicable Company-sponsored plans and Affiliate-sponsored plans. 
 2.4 “Board” means the Board of Directors of the Company. 
 2.5 “Cash Position” means the Company’s level of cash and cash equivalents. 
 2.6
“Code” means the Internal Revenue Code of 1986, as amended. Reference to a specific section of the Code or regulation thereunder shall include such section or regulation, any 
 valid regulation promulgated thereunder, and any comparable provision of any future legislation or regulation amending, supplementing or superseding such section or
regulation. 

 2.7 “Committee” means the committee appointed by the Board (pursuant to
Section 5.1) to administer the Plan. 
 2.8 “Company” means Google Inc., a Delaware corporation, or any successor
thereto. 
 2.9 “Controllable Profits” means as to any Performance Period, a business unit’s Revenue minus one or more
of the following to the extent deemed appropriate by the Committee prior to the Determination Date: (a) cost of sales, (b) research, development, and engineering expense, (c) marketing and sales expense, (d) general and
administrative expense, (e) extended receivables expense, and (f) shipping requirement deviation expense. 
 2.10 “Customer
Satisfaction MBOs” means as to any Participant for any Performance Period, the objective and measurable individual goals set by a “management by objectives” process and approved by the Committee, which goals relate to the
satisfaction of external or internal customer requirements. 
 2.11 “Determination Date” means the latest possible date that
will not jeopardize a Target Award or Actual Award’s qualification as performance-based compensation under section 162(m) of the Code. 
 2.12 “Disability” means total and permanent disability as defined in section 22(e)(3) of the Code, provided that the Committee in its discretion may determine whether a permanent and total disability exists in
accordance with uniform and non-discriminatory standards adopted by the Company from time to time. 
 2.13 “Earnings Per
Share” means as to any Performance Period, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in
accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine whether any item(s) shall be excluded or included from such calculation with respect to one or more
Participants. 
 2.14 “EBITDA” means as to any Performance Period, the Company’s or a business unit’s earnings
before interest, taxes, depreciation and amortization determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine whether any item(s) shall be
excluded or included from such calculation with respect to one or more Participants. 
 2.15 “Employee” means any employee
of the Company or of an Affiliate, whether such employee is so employed at the time the Plan is adopted or becomes so employed subsequent to the adoption of the Plan. 
 2.16 “Fiscal Year” means the fiscal year of the Company. 
  

 -2- 

 2.17 “Free Cash Flow” means as to any Performance Period, the Company’s or a
business unit’s operating cash flows less capital expenditures; provided, however, that prior to the Determination Date, the Committee shall determine whether any item(s) shall be excluded or included from such calculation with respect to one
or more Participants. 
 2.18 “Maximum Award” means as to any Participant for any Performance Period, $6 million.

 2.19 “Net Income” means as to any Performance Period, the income after taxes of the Company for the Performance Period
determined in accordance with generally accepted accounting principals, provided that prior to the Performance Period, the Committee shall determine whether any significant item(s) shall be included or excluded from such calculation with respect to
one or more Participants. 
 2.20 “New Orders” means as to any Performance Period, the firm orders for a system, product,
part or service that are being recorded for the first time as defined in the Company’s order recognition policies and procedures. 
 2.21 “Operating Cash Flow” means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable,
inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally accepted accounting principles; provided, however,
that prior to the Determination Date, the Committee shall determine whether any item(s) shall be excluded or included from such calculation with respect to one or more Participants. 
 2.22 “Operating Income” means the Company’s or a business unit’s income from operations but excluding any unusual items,
determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine whether any item(s) shall be excluded or included from such calculation with respect to
one or more Participants. 
 2.23 “Participant” means as to any Performance Period, an Employee who has been selected by the
Committee for participation in the Plan for that Performance Period. 
 2.24 “Payout Formula” means as to any Performance
Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant. 

2.25 “Performance Period” generally shall mean any Fiscal Year, however, it may also mean any such other period of time which does
not exceed three Fiscal Years, as determined by the Committee in its sole discretion. With respect to any Participant, there shall exist no more than three Performance Periods at any one time. 
 2.26 “Performance Goals” means the goal(s) (or combined goal(s)) determined by the Committee (in its discretion) to be applicable to a
Participant for a Target Award for a Performance Period. As determined by the Committee, the Performance Goals for any Target Award applicable 

  

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to a Participant may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Cash Position,
(b) Controllable Profits, (c) Customer Satisfaction MBOs, (d) Earnings Per Share, (e) EBITDA, (f) Free Cash Flow, (g) Net Income, (h) New Orders, (i) Operating Cash Flow, (j) Operating Income,
(k) Return on Assets, (l) Return on Equity, (m) Return on Sales, (n) Revenue, and (o) Total Shareholder Return. Performance Goals may differ from Participant to Participant, Performance Period to Performance Period and from
award to award. Any criteria used may be measured, as applicable, (i) in absolute terms, (ii) in relative terms (including, but not limited, passage of time and/or against another company or companies), (iii) on a per-share basis,
(iv) against the performance of the Company as a whole or a segment of the Company and/or (v) on a pre-tax or after-tax basis. Prior to the Determination Date, the Committee shall determine whether any element(s) shall be included in or
excluded from the calculation of any Performance Goal with respect to any Participants. 
 2.27 “Plan” means the Google Inc.
Executive Bonus Plan, as set forth in this instrument and as hereafter amended from time to time. 
 2.28 “Retirement”
means, with respect to any Participant, a Termination of Employment occurring in accordance with a policy or policies established by the Committee (in its discretion) from time to time. 
 2.29 “Return on Assets” means the percentage equal to the Company’s or a business unit’s Operating Income before incentive
compensation, divided by average net Company or business unit, as applicable, assets, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine
whether any item(s) shall be excluded or included from such calculation with respect to one or more Participants. 
 2.30 “Return on
Equity” means the percentage equal to the Company’s Net Income divided by average stockholder’s equity, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination
Date, the Committee shall determine whether any item(s) shall be excluded or included from such calculation with respect to one or more Participants. 
 2.31 “Return on Sales” means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by the Company’s or the business
unit’s, as applicable, revenue, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine whether any item(s) shall be excluded or included
from such calculation with respect to one or more Participants. 
 2.32 “Revenue” means as to any Performance Period, the
Company’s or a business unit’s revenues for the Performance Period, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Determination Date, the Committee shall determine whether any
item(s) shall be excluded or included from such calculation with respect to one or more Participants. 
 2.33 “Shares” means
shares of the Company’s common stock. 
  

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 2.34 “Target Award” means the target award payable under the Plan to a Participant for
the Performance Period, expressed as a percentage of his or her Base Salary or a specific dollar amount, as determined by the Committee in accordance with Section 3.3. 
 2.35 “Termination of Employment” means a cessation of the employee-employer relationship between an Employee and the Company or an
Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, Retirement, or the disaffiliation of an Affiliate, but excluding any such termination where there is a simultaneous
reemployment by the Company or an Affiliate. 
 2.36 “Total Shareholder Return” means the total return (change in Share
price plus reinvestment of any dividends) of a Share. 
 SECTION 3 
 SELECTION OF PARTICIPANTS AND DETERMINATION OF AWARDS 
 3.1 Selection of
Participants. The Committee, in its sole discretion, shall select the Employees who shall be Participants for any Performance Period. The Committee, in its sole discretion, also may designate as Participants one or more individuals (by name
or position) who are expected to become Employees during a Performance Period. Participation in the Plan is in the sole discretion of the Committee, and on a Performance Period by Performance Period basis. Accordingly, an Employee who is a
Participant for a given Performance Period in no way is guaranteed or assured of being selected for participation in any subsequent Performance Period. 
 3.2 Determination of Performance Goals. The Committee, in its sole discretion, shall establish the Performance Goals for all eligible Participants for the Performance Period. Such Performance Goals shall
be set forth in writing. 
 3.3 Determination of Target Awards. The Committee, in its sole discretion, shall establish a Target
Award for each Participant. Each Participant’s Target Award shall be determined by the Committee in its sole discretion, and each Target Award shall be set forth in writing. 
 3.4 Determination of Payout Formula or Formulae. On or prior to the Determination Date, the Committee, in its sole discretion, shall
establish a Payout Formula or Formulae for purposes of determining the Actual Award (if any) payable to each Participant. Each Payout Formula shall (a) be in writing, (b) be based on a comparison of actual performance to the Performance
Goals, (c) provide for the payment of a Participant’s Target Award if the Performance Goals for the Performance Period are achieved, and (d) provide for an Actual Award greater than or less than the Participant’s Target Award,
depending upon the extent to which actual performance exceeds or falls below the Performance Goals. Notwithstanding the preceding, in no event shall a Participant’s Actual Award for any Performance Period exceed his or her Maximum Award.

 3.5 Date for Determinations. The Committee shall make all determinations under Sections 3.1 through 3.4 on or before the
Determination Date. 
 3.6 Determination of Actual Awards. After the end of each Performance Period, the Committee shall certify
in writing the extent to which the Performance Goals applicable to each 

  

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Participant for the Performance Period were achieved or exceeded. The Actual Award for each Participant shall be determined by applying the Payout Formula to
the level of actual performance that has been certified by the Committee. Notwithstanding any contrary provision of the Plan, the Committee, in its sole discretion, may (a) eliminate or reduce the Actual Award payable to any Participant below
that which otherwise would be payable under the Payout Formula, including discretion that is exercised through the establishment of additional objective or subjective goals, and (b) determine whether or not a Participant will receive an Actual
Award in the event the Participant incurs a Termination of Employment prior to the date the Actual Award is to be paid pursuant Section 4.2 below. 
 SECTION 4 
 PAYMENT OF AWARDS 
 4.1 Right to Receive Payment. Each Actual Award that may become payable under the Plan shall be paid solely from the general assets of the
Company or the Affiliate that employs the Participant (as the case may be), as determined by the Committee. Nothing in this Plan shall be construed to create a trust or to establish or evidence any Participant’s claim of any right to payment of
an Actual Award other than as an unsecured general creditor with respect to any payment to which he or she may be entitled. 
 4.2 Timing of Payment. Subject to Section 3.6, payment of each Actual Award shall
be made as soon as administratively practicable, however, in the case of any Performance Period based on a Fiscal Year, in no event later than March 15th of the year following the end of the applicable Performance Period. 
 4.3 Form of
Payment. Each Actual Award normally shall be paid in cash (or its equivalent) in a single lump sum (unless such amounts are otherwise deferred under a deferral election made in compliance with section 409A of the Code). However, the
Committee, in its sole discretion, may declare any Actual Award, in whole or in part, payable in restricted stock or restricted stock units granted under the Company’s 2004 Stock Plan, or any such other shareholder approved equity compensation
plan. The number of Shares of restricted stock or restricted stock units granted shall be determined by dividing the cash amount foregone by the fair market value of a Share on the date that the cash payment otherwise would have been made, rounded
up to the nearest whole number of Shares. For this purpose, “fair market value” shall mean the closing price on the Nasdaq Global Select Market for the day in question. Any restricted stock or restricted stock unit so awarded shall be
either (a) vested immediately or (b) be subject to such additional vesting over a period of not more than four years, and/or be subject to additional vesting conditions, including specifically additional Performance Goals, as determined by
the Committee in its discretion. The number of Shares of restricted stock or restricted stock units granted pursuant to this Section 4.3 may be increased or decreased if such new award is granted by the Committee subject to Performance Goals
and such increase or decrease otherwise meets the performance-based compensation requirements of section 162(m) of the Code. 
 4.4
Payment in the Event of Death or Disability. If a Participant dies, or is determined to have a Disability, prior to the payment of an Actual Award that was scheduled to be paid to him or her prior to death, or the determination of a
Disability, for a prior Performance Period, the Award shall be paid, in the case of death, to his or her estate, and in the case of Disability, to the Participant or any other person authorized under applicable law. 
  

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 SECTION 5 
 ADMINISTRATION 
 5.1 Committee is the Administrator. The Plan shall be administered by
the Committee. The Committee shall consist of not less than two (2) members of the Board. The members of the Committee shall be appointed from time to time by, and serve at the pleasure of, the Board. Each member of the Committee shall qualify
as an “outside director” under section 162(m) of the Code. If it is later determined that one or more members of the Committee do not so qualify, actions taken by the Committee prior to such determination shall be valid despite such
failure to qualify. As of the Effective Date of the Plan, the Plan shall be administered by the Leadership Development and Compensation Committee of the Board. 
 5.2 Committee Authority. It shall be the duty of the Committee to administer the Plan in accordance with the Plan’s provisions. The Committee shall have all powers and discretion necessary or
appropriate to administer the Plan and to control its operation, including, but not limited to, the power to (a) determine which Employees shall be granted awards, (b) prescribe the terms and conditions of awards, (c) interpret the
Plan and the awards, (d) adopt such procedures and subplans as are necessary or appropriate to permit participation in the Plan by Employees who are foreign nationals or employed outside of the United States, (e) adopt rules for the
administration, interpretation and application of the Plan as are consistent therewith, and (f) interpret, amend or revoke any such rules. 
 5.3 Decisions Binding. All determinations and decisions made by the Committee, the Board, and any delegate of the Committee pursuant to the provisions of the Plan shall be final, conclusive, and binding on all persons, and shall
be given the maximum deference permitted by law. 
 5.4 Delegation by the Committee. The Committee, in its sole discretion and on
such terms and conditions as it may provide, may delegate all or part of its authority and powers under the Plan to one or more directors and/or officers of the Company; provided, however, that the Committee may not delegate its authority and/or
powers with respect to awards that are intended to qualify as performance-based compensation under section 162(m) of the Code. 
 SECTION 6 
 GENERAL PROVISIONS 
 6.1 Tax Withholding. The Company or an Affiliate, as determined by the Committee, shall withhold all applicable taxes from any Actual Award, including any federal, state and local taxes (including, but not
limited to, the Participant’s FICA and SDI obligations). 
 6.2 No Effect on Employment. Nothing in the Plan shall interfere
with or limit in any way the right of the Company or an Affiliate, as applicable, to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between
the Company and any one of its Affiliates (or between 

  

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Affiliates) shall not be deemed a Termination of Employment. Employment with the Company and its Affiliates is on an at-will basis only. The Company
expressly reserves the right, which may be exercised at any time and without regard to when during or after a Performance Period such exercise occurs, to terminate any individual’s employment with or without cause, and to treat him or her
without regard to the effect which such treatment might have upon him or her as a Participant. 
 6.3 Participation. No Employee
shall have the right to be selected to receive an award under this Plan, or, having been so selected, to be selected to receive a future award. 
 6.4 Indemnification. Each person who is or shall have been a member of the Committee, or of the Board, shall be indemnified and held harmless by the Company against and from (a) any loss, cost, liability, or expense that
may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit, or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action taken or failure to
act under the Plan or any award, and (b) from any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid by him or her in satisfaction of any judgment in any such claim, action, suit, or proceeding
against him or her, provided he or she shall give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification
shall not be exclusive of any other rights of indemnification to which such persons may be entitled under the Company’s Certificate of Incorporation or Bylaws, by contract, as a matter of law, or otherwise, or under any power that the Company
may have to indemnify them or hold them harmless. 
 6.5 Successors. All obligations of the Company and any Affiliate under the
Plan, with respect to awards granted hereunder, shall be binding on any successor to the Company and/or such Affiliate, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of
all or substantially all of the business or assets of the Company or such Affiliate. 
 6.6 Beneficiary Designations. If
permitted by the Committee, a Participant under the Plan may name a beneficiary or beneficiaries to whom any vested but unpaid award shall be paid in the event of the Participant’s death. Each such designation shall revoke all prior
designations by the Participant and shall be effective only if given in a form and manner acceptable to the Committee. In the absence of any such designation, any vested benefits remaining unpaid at the Participant’s death shall be paid to the
Participant’s estate. 
 6.7 Nontransferability of Awards. No award granted under the Plan may be sold, transferred,
pledged, assigned, or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution, or to the limited extent provided in Section 6.6. All rights with respect to an award granted to a Participant shall be
available during his or her lifetime only to the Participant. 
 6.8 Deferrals. The Committee, in its sole discretion, may permit
a Participant to defer receipt of the payment of cash that would otherwise be delivered to a Participant under the Plan. Any such deferral elections shall be subject to such rules and procedures as shall be determined by the Committee in its sole
discretion. 
  

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 SECTION 7 
 AMENDMENT, TERMINATION AND DURATION 
 7.1 Amendment, Suspension or Termination. The Board
or the Committee, each in its sole discretion, may amend or terminate the Plan, or any part thereof, at any time and for any reason. The amendment, suspension or termination of the Plan shall not, without the consent of the Participant, alter or
impair any rights or obligations under any Target Award theretofore granted to such Participant. No award may be granted during any period of suspension or after termination of the Plan. 
 7.2 Duration of the Plan. The Plan shall commence on the date specified herein, and subject to Section 7.1 (regarding the Board or the
Committee’s right to amend or terminate the Plan), shall remain in effect thereafter. 
 SECTION 8 
 LEGAL CONSTRUCTION 
 8.1
Section 162(m) Conditions; Bifurcation of Plan. It is the intent of the Company that the Plan and the awards under the Plan to Participants who are or may become persons whose compensation is subject to section 162(m) of the Code,
satisfy any applicable requirements of section 162(m) of the Code. Any provision, application or interpretation of the Plan inconsistent with this intent shall be disregarded. The provisions of the Plan may be bifurcated by the Board or the
Committee at any time so that certain provisions of the Plan, or any award, required in order to satisfy the requirements of section 162(m) of the Code are only applicable to Participants whose compensation is subject to section 162(m) of the Code.

 8.2 Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also shall include the
feminine; the plural shall include the singular and the singular shall include the plural. 
 8.3 Severability. In the event any
provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been
included. 
 8.4 Requirements of Law. The granting of awards under the Plan shall be subject to all applicable laws, rules and
regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 
 8.5 Governing
Law. The Plan and all awards shall be construed in accordance with and governed by the laws of the State of California, but without regard to its conflict of law provisions. 
 8.6 Captions. Captions are provided herein for convenience only, and shall not serve as a basis for interpretation or construction of the
Plan. 
  

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