Document:

EX-10.1

					
	August 17, 2020	  		  	Exhibit 10.1

  
 

 
 Mr. Timothy Trenary 

1220 Sandringham Way 
 Bloomfield Hills, MI 48301 

Dear Tim, 
 I am pleased to extend the following offer of
employment to you as Executive Vice President and Chief Financial Officer for Superior Industries International, Inc (the “Company”). In this position, you will be based out of our corporate headquarters in Southfield, Michigan, and will
report directly to me. 
 Compensation and Benefits 

You will be paid, effective from your date of hire, a base salary in the amount of $475,000 per annum (less the required withholding taxes and other statutory
deductions) on a semi-monthly basis. This salary will be the basis for all benefit purposes. 
 You will receive a car allowance of $9,600 per annum (less
the required withholding taxes and other statutory deductions) on a semi-monthly basis. The car allowance is payable on the first pay period of each month. The car allowance will be treated as taxable income. 

In addition, you will be eligible to participate in the following Superior Industries Incentive Compensation Programs: 

 

	 	•	 	 Under our Annual Incentive Performance Program (AIPP), you will be eligible for a discretionary performance bonus
with an annual on-target bonus opportunity of 70% of your base salary. For 2020, the annual on-target value will be based on 4 months of eligibility and subject to Board
discretion. All earned bonuses are typically paid before March 15th of the following year and are based on the company’s performance as well as your individual performance. 

 

	 	•	 	 Subject to final approval by the Compensation Committee, as Executive Vice President and Chief Financial Officer,
you are eligible to participate in the Company’s Long-Term Incentive program as administered by Superior’s Compensation and Benefits Committee of the Board of Directors (“Committee”) with a target opportunity of 125% of your base
salary, beginning with the 2020-2022 Long-Term Incentive grant. 

 You will be eligible to participate in the Company’s benefit
program, such as medical, dental, vision, life and long term disability insurance plans, with eligibility beginning on the first day of the calendar month following your date of hire. A 401(K) plan with a company match is also offered to assist you
in your long-term financial planning on the first day of the calendar month following 60 days of employment. The benefit programs are reviewed annually and subject to change at the discretion of the Company. 

As a Named Executive Officer of the Company, and subject to final approval by the Compensation Committee, you will participate in the Executive Change in
Control Severance Plan (the “Plan”). Under the Plan and subject to the full terms of the Plan, if your employment is terminated by the Company without Cause or by you for Good Reason 

 Page 2 

TIMOTHY TRENARY 
 within two years following a change in
control, you will receive a two-times multiple of the sum of both your annual base salary and your target annual bonus, paid in a lump sum within 60 days after termination. 

Vacation 
 You will accrue four weeks of paid vacation per
year. For 2020, you will be eligible for 1.5 weeks of paid vacation. 
 Start date 

Your start date of employment will be no later than September 8, 2020. 

Policies 
 You will be provided with the Company’s
Code of Conduct and policies (collectively, the “Policies”) relating to your employment, and you agree to abide by all Policies in place throughout your employment and to execute any and all documents related to the Company’s Policies
as may be presented to you from time to time throughout your employment. The Company may, in its sole discretion, choose to add new Policies and change the terms of any of its existing Policies. 

Contingencies 
 This offer is contingent upon the
successful completion of the pre-employment drug screen; satisfactory results being obtained from the verifications of work history, and criminal background and credit checks; and the final approval of the
Superior Board of Directors. 
 The Immigration Reform and Control Act of 1986 requires Superior to verify the identity of every new employee and their
legal right to work in the United States. Your continued employment is conditional upon your ability to provide the necessary proof as indicated on the backside of the Employment Eligibility Verification Form
(I-9). 
 This offer will be withdrawn if any of the above conditions are not satisfied. 

Your employment will be conditional upon your signing the Company’s standard onboarding documents, including a
Non-Disclosure Agreement and acknowledgements of the Employee Handbook and Code of Conduct. 
 Employment

 Employment with the Company is at-will and is not for any fixed period of time. Employees may terminate their
employment at any time for any reason. Similarly, the Company may terminate any individual’s employment at any time for any reason. Your employment will be conditional upon your signing an agreement to your
at-will employment status. 
 If you find the terms of our offer acceptable, please acknowledge by signing and
returning one copy of this letter to me. This letter represents all terms associated with this offer of employment. 
 Tim, I want you to know that the
directors and employees that met with you at Superior are very excited about you joining the company. 
 Sincerely, 

/s/ Majdi Abulaban 
 President and Chief Executive Officer 

 

					
	I hereby accept this offer of employment:	  		 	 8/21/2020

			
	 /s/Timothy Trenary
	  		 	DateEX-10.2

 Exhibit 10.2 

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT
IF PUBLICLY DISCLOSED. 
 [***] INDICATES THAT INFORMATION HAS BEEN REDACTED. 

 
 

 
 August 25, 2020 
 Majdi
Abulaban 
 477 W. Frank St. 
 Birmingham, MI 48009 

Dear Majdi, 
 We consider your continued service and dedication
to Superior Industries International, Inc. (the “Company” or “Superior”) essential to our business. To retain you as a key leader of the Company, we are pleased to offer you this Retention Bonus Agreement. 

Retention Award 
 You will be eligible for a restricted
cash retention bonus, subject to the terms of this letter and the attached Restricted Cash Retention Award Agreement and its Exhibits (in the aggregate, the “Agreement”). The retention bonus will be paid to you within thirty
(30) calendar days following each Vesting Date indicated below (a “Vesting Date”) provided you remain an employee of the Company on each Vesting Date and, with respect to the third payment on July 31, 2023, provided that you meet
the net debt performance metrics set forth below at June 30, 2023. 
  

					
	Restricted Cash Award	 	 
	Grant Date:	 	August 25, 2020
	Vesting Schedule (Restricted Period):	 	Vesting Dates:	 	Payment Amounts:
	 	July 31, 2021	 	$1,000,000
	 	July 31, 2022	 	$1,000,000
		 	July 31, 2023	 	 Determined at

June 30, 2023:
 Net Debt
Below

					
		 	 	 	 $[***]: $750,000,

or
 Net Debt Below

$[***] (Target):
 $1,000,000, or

Net Debt Below
 $[***]:

$1,500,000

 Termination of Employment 

If the Company terminates your employment before any Vesting Date other than for Cause, or if you terminate your employment for Good Reason (both Cause and
Good Reason as defined in your employment agreement, dated March 28, 2019), the Company will pay you the remaining full amount of the cash retention bonus (with the 2023 payment attributable to performance metrics being paid at target) within
thirty (30) calendar days following your employment termination date. If your employment is terminated by the Company for Cause, or if you terminate your employment for any reason other than Good Reason, you will forfeit all remaining cash
payments. You also will forfeit any payments if you violate the restrictive covenants set forth in Exhibit A to the attached Restricted Cash Retention Award Agreement. 

Code Section 409A 
 Payments under this Agreement are
intended to be exempt from Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) under the short term deferral exemption, and the provisions of this Agreement are to be construed accordingly. However, in no event
will the Company be responsible for any tax or penalty that may be imposed on you with regard to payments provided herein. For Code Section 409A purposes, each installment payment is intended to constitute a separate payment, and the term
“employment termination” or terms of like kind are intended to constitute “separation from service” as defined under Code Section 409A. If the payments provided herein are determined to be subject to Code Section 409A,
and if you are a “specified employee” at the time of your separation from service, any remaining payments will be delayed (if then required under Code Section 409A), until the first day of the seventh month following your separation
from service, or the date of your death, if earlier. Any delayed payments will be aggregated and paid in the form of a lump sum. 
 Separate Benefit

 The cash retention payments provided pursuant to this Agreement are in addition to any benefits provided under your March 28, 2019 employment
agreement, and the terms of this Agreement shall control with regard to payment of the cash retention payments provided herein. 
 Governing Law 

The validity, interpretation and performance of this Agreement shall, in all respects, be governed by the relevant laws of the State of Michigan. 

Modification 
 No provision of this Agreement may be
modified, altered or amended, except by collective agreement between the Company and you in writing. 

 If you accept the terms of this Agreement, please sign below in the space provided. 

Again, thank you for your leadership and dedication. Sincerely, 
  

					
	 /s/ Timothy C. McQuay
	 	    	 	 8/25/2020        

	Timothy C. McQuay	 		 	Date
	Chairman of the Board	 		 	

  

							
	Acceptance	 	    	 	
				
	Signature:	 	   /s/ Majdi Abulaban
	 		 	 8/25/2020        

	Majdi Abulaban	 		 	Date

 RESTRICTED CASH RETENTION AWARD AGREEMENT 

1. Grant of Restricted Award. The Company has granted to you the Restricted Cash Award (as specified in the preceding letter (“Notice of
Grant”)) that represents the right to receive up to three cash payments, subject to the terms and conditions of the Notice of Grant and this Restricted Cash Retention Award Agreement (including the vesting conditions provided in the Notice
of Grant). 
 2. Restricted Period and Vesting. The Restricted Period shall expire as to the designated percentage of the Restricted Award and on the
date(s) specified in the Vesting Schedule in the Notice of Grant (each, a “Vesting Date”). On each such Vesting Date, the applicable cash payment, if any (“Vested Cash”), shall be distributed to the Participant within
thirty (30) calendar days, subject to the terms of the Notice of Grant and, provided that in the case of the third Vesting Date, payment of the award is also subject to Participant meeting the performance metrics specified in the Notice of
Grant. Prior to the Vesting Date(s) specified in the Notice of Grant, the remaining cash amount in the Restricted Award shall be defined in this Agreement as “Unvested Cash.” 

3. Forfeiture of Unvested Cash. If the Participant breaches any of the restrictive covenants contained in Exhibit A, then the Participant shall
forfeit any cash payment contemplated under the Notice of Grant, whether Vested or Unvested and whether or not distributed to the Participant. 
 4.
Restriction on Payment. None of the Unvested Cash or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the occurrence of the applicable Vesting Date. In addition, as a condition to any
payment of Vested Cash after such Vesting Date, the Company may, in its discretion, require fulfillment of any requirements deemed necessary by counsel for the Company to comply with applicable law, including tax withholding requirements. 

5. Restrictive Covenants. Notwithstanding anything to the contrary in the Notice of Grant, to the extent permitted by applicable law, as a condition
precedent to the Company granting you the Restricted Award, and in order to receive any payments pursuant to Section 6, Participant must have complied with the time-vesting restrictive conditions, as set forth in Exhibit
A, through and including the Vesting Date and any post-employment restrictions that are applicable. For the avoidance of doubt, the restrictive conditions set forth in Exhibit A shall apply in addition to (and shall not be limited by the
provisions of) any other non-competition, non-pooling, non-solicitation, confidentiality,
non-disparagement or similar covenants or conditions to which the Participant is a party with the Company or any affiliate thereof.

6. Distribution of Cash. The Company shall hold the Unvested Cash until the applicable Vesting Date. When a Vesting Date occurs, within thirty
(30) calendar days, the Company shall promptly distribute the Vested Cash to the Participant, if any, subject to the terms of the Notice of Grant and, provided that in the case of the third Vesting Date, payment of the award is also subject to
Participant meeting the performance metrics specified in the Notice of Grant. 
 8. Tax Consequences. The Participant has reviewed with the
Participant’s own tax advisors the federal, state, local and foreign tax consequences of the transactions contemplated by the Notice of Grant. The Participant is relying solely on such advisors and not on any statements or representations of
the Company or any of its employees or agents. The Participant understands that only the Participant (and not the Company) shall be responsible for the Participant’s own tax liability that may arise as a result of the transactions contemplated
by the Notice of Grant. 
 9. Withholding. No later than the date as of which an amount first becomes includible as income of Participant for
any income and/or employment tax purposes with respect to any Vested Cash hereunder, Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign income and/or
employment taxes that are required by applicable law to be withheld with respect to such amount. Participant authorizes the Company to withhold from his or her compensation to satisfy any income and/or employment tax withholding obligations in
connection with the Restricted Award. If Participant is no longer employed by the Company at the time any applicable taxes are due and must be remitted by the Company, Participant agrees to pay applicable taxes to the Company, and the Company may
delay distribution of the Vested Cash until proper payment of such taxes has been made by Participant. 

  
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 10. General. 

(a)    The Notice of Grant shall be governed by and construed under the laws of the State of Michigan. 

(b)    The Notice of Grant, including this Restricted Cash Retention Award Agreement and its Exhibits,
represent the entire agreement between the parties with respect to the Restricted Award granted to the Participant. 

(c)    Any notice, demand or request required or permitted to be delivered by either the Company or the
Participant pursuant to the terms of the Notice of Grant shall be in writing and shall be deemed given when delivered personally, deposited with an international courier service, or deposited in the U.S. Mail, First Class with postage prepaid,
and addressed to (i) the Participant at the addresses set forth in the Notice of Grant or as the Participant may request by notifying the Company in writing and (ii) the Company at its corporate headquarters to the attention of its Chief
Financial Officer. 
 (d)    The rights of the Company under the Notice of Grant shall be transferable to
any one or more persons or entities, and all covenants and agreements hereunder shall inure to the benefit of, and be enforceable by, the Company’s successors and assignees. The rights and obligations of the Participant under the Notice and
Agreement may only be assigned with the prior written consent of the Company. 
 (e)    Upon a request by
the Company to the Participant, the Participant agrees to execute any further documents or instruments necessary or desirable to carry out the purposes or intent of the Notice of Grant. 

(f)    Participant acknowledges and agrees that the Restricted Award granted pursuant to the Notice of
Grant shall be vested only by providing Continuous Service through the Vesting Date(s) as an Employee. 

(g)    If any term, provision, covenant, paragraph, or condition of this Agreement is held to be invalid,
illegal, or unenforceable by any court of competent jurisdiction, that provision shall be modified or eliminated to the minimum extent necessary so this Agreement shall otherwise remain enforceable in full force and effect. 

  
 2 

 EXHIBIT A: TO THE 2020 NOTICE OF GRANT AND 

RESTRICTED CASH RETENTION AWARD AGREEMENT 

As a condition precedent to the Company granting you the Restricted Award, and in order to receive any cash payments pursuant to such grant,
Participant must have complied with the following restrictive conditions, through and including the Vesting Date and any post-employment restrictions that are applicable. Any capitalized term in this Exhibit A that is not defined herein shall have
the meaning set forth in the Notice of Grant and Restricted Cash Retention Award Agreement. 
 1.    Nondisclosure and Nonuse of
Confidential Information. 
 Participant shall not use or disclose to any person, either during Participant’s Continuous Service
or thereafter, any Confidential Information (as defined below) of which Participant is or becomes aware, whether or not such information is developed by him or her, for any reason or purpose whatsoever, nor shall he or she make use of any of the
Confidential Information for his or her own purposes or for the benefit of any person except the Company or its affiliates, except (i) to the extent that such disclosure or use is directly related to and required by Participant’s
performance in good faith of duties assigned to Participant by the Company or an affiliate thereof or (ii) to the extent required to do so by a court of competent jurisdiction. Participant will take all appropriate steps to safeguard
Confidential Information and to protect it against disclosure, misuse, espionage, loss and theft. Participant shall deliver to the Company at the termination of Participant’s Continuous Service, or at any time the Company may request, all
memoranda, notes, plans, records, reports, computer tapes and software and other documents and data (and copies thereof) relating to the Confidential Information or the Work Product (as defined below) of the Company or any affiliate thereof that
Participant may then possess or have under his or her control. 
 “Confidential Information” means information that is not
generally known to the public (including the existence and content of the Notice of Grant) and that is used, developed or obtained by the Company or any of its affiliates in connection with its business, including, but not limited to, information,
observations and data obtained by Participant during Participant’s Continuous Service with the Company, an affiliate or any predecessors thereof (including those obtained prior to the date of the Notice of Grant) concerning (i) the
business or affairs of the Company or any affiliate (or such predecessors) and (ii) products, services, fees, costs, pricing structures, analyses, drawings, photographs and reports, computer software (including operating systems, applications
and program listings), data bases, accounting and business methods, inventions, devices, new developments, methods and processes (whether patentable or unpatentable and whether or not reduced to practice), customers and clients and customer and
client lists, all technology and trade secrets, and all similar and related information in whatever form. Notwithstanding the foregoing, “Confidential Information” will not include any information that has been published in a form
generally available to the public prior to the date Participant proposes to disclose or use such information. 
 Participant acknowledges
and agrees that the existence, terms and amount of the Notice of Grant is confidential in nature. In consideration of the Company granting the Restricted Award to Participant, Participant agrees that the Notice of Grant (i) will be kept
confidential by Participant and (ii) will not, without the Company’s prior written consent, be disclosed to any employee of the Company or any other person (other than any attorney, accountant, or spouse of a Participant or as required by
law). 
 For the avoidance of doubt, this Section 1 does not prohibit or restrict the Participant (or the
Participant’s attorney) from responding to any inquiry about the Notice of Grant or its underlying facts and circumstances by the Securities and Exchange Commission, the Financial Industry Regulatory Authority, any other self-regulatory
organization or governmental entity, or making other disclosures that are protected under the whistleblower provisions of federal law or regulation. The Participant understands and acknowledges that he or she does not need the prior authorization of
the Company or an affiliate thereof to make any such reports or disclosures and that he or she is not required to notify the Company that he has made such reports or disclosures. 

Notwithstanding anything in this Section 1 or elsewhere in the Notice of Grant to the contrary, the Participant
understands that he or she may, pursuant to the U.S. Defend Trade Secrets Act of 2016 (“DTSA”), without informing the Company prior to any such disclosure, disclose Confidential Information (i) in confidence to a federal,
state, or local government official, either directly or indirectly, or to an attorney, solely for the purpose of reporting or 

  
 A-1 

 
investigating a suspected violation of law or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Additionally, without informing
the Company prior to any such disclosure, if the Participant files a lawsuit against the Company for retaliation for reporting a suspected violation of law, the Participant may, pursuant to the DTSA, disclose Confidential Information to his or her
attorney and use the Confidential Information in the court proceeding or arbitration, provided that the Participant files any document containing the Confidential Information under seal and does not otherwise disclose the Confidential Information,
except pursuant to court order. Without prior authorization of the Company, however, the Company does not authorize the Participant to disclose to any third party (including any government official or any attorney the Participant may retain) any
communications that are covered by the Company’s attorney-client privilege. 
 2.    Covenants Not to Compete or Solicit.

 Non-Competition. During Participant’s Continuous Service (as defined below) and
ending twelve (12) full months after the later of (i) the effective date of the termination of such Continuous Service and (ii) the last date on which Participant receives compensation from Company or any of its affiliates related to
Participants’ employment or service relationship with the Company or any of its affiliates or any termination thereof (the “Exhibit A Restricted Period”), Participant shall not, and will cause his/her affiliates not to,
directly or indirectly, through or in association with any third party, in the applicable geographical area described in Exhibit B (the “Restricted Area”), (i) engage in, sell or provide any products or services which are the same or
similar to or otherwise competitive with the products and services sold or provided by the Company or any Affiliate; and/or (ii) own, acquire, or control any interest, financial or otherwise, in a third party or business engaged in selling or
providing the same, similar or otherwise competitive services or products which the Company or any affiliate is selling or providing, other than ownership of one percent (1%) or less of the equity of a publicly-traded company. 

“Continuous Service” means that a Participant’s employment or service relationship with the Company or any of its affiliates is
not interrupted or terminated. Continuous Service shall not be considered interrupted in the following cases: (i) any leave of absence approved by the Company or (ii) transfers between locations of the Company or between the Company and
any Subsidiary or successor. A leave of absence approved by the Company shall include sick leave, military leave or any other personal leave approved by an authorized representative of the Company. For purposes of any award that is subject to
Section 409A of the Internal Revenue Code, the determination of a leave of absence must comply with the requirements of a “bona fide leave of absence” as provided in Treasury Regulations
Section 1.409A-1(h). 
 Non-Solicitation. During
the Exhibit A Restricted Period, Participant shall not (i) directly, or indirectly through another person, hire any employee of the Company or any of its affiliates or induce any employee of the Company or any of its affiliates to leave the
employ of the Company or any of its affiliates, and/or (ii) directly, or indirectly through another person induce any customer, supplier, licensee, vendor or other business relation of the Company or any of its affiliates to cease doing
business with the Company or any of its affiliates, or in any way intentionally interfere with the relationship between any such customer, supplier, licensee, vendor or business relation, on the one hand, and the Company or any of its affiliates, on
the other hand. 
 3.    Intellectual Property Rights. 

(a)    Participant hereby assigns, transfers and conveys to the Company all of Participant’s right, title and interest
in and to all Work Product. Participant agrees that all Work Product belongs in all instances to the Company. Participant will promptly disclose such Work Product to the Company and perform all actions reasonably requested by the Company or an
affiliate thereof (whether during or after the period of Participant’s Continuous Service with the Company or an affiliate thereof) to establish and confirm the Company’s ownership of such Work Product (including, without limitation, the
execution and delivery of assignments, consents, powers of attorney and other instruments) and to provide reasonable assistance to the Company (whether during or after the period of Participant’s Continuous Service with the Company of an
affiliate thereof) in connection with the prosecution of any applications for patents, trademarks, trade names, service marks or reissues thereof or in the prosecution or defense of interferences relating to any Work Product. Participant recognizes
and agrees that the Work Product, to the extent copyrightable, 

  
 A-2 

 
constitutes works for hire under the copyright laws of the United States. 

(b)    “Work Product” means all inventions, innovations, improvements, technical information, systems,
software developments, methods, designs, analyses, drawings, reports, service marks, trademarks, trade names, trade dress, logos and all similar or related information (whether patentable or unpatentable) which relates to the Company’s or any
of its affiliates’ actual or anticipated business, operations, research and development or existing or future products or services and which are conceived, developed or made by Participant (whether or not during usual business hours and whether
or not alone or in conjunction with any other person) during the period of Participant’s Continuous Service together with all patent applications, letters patent, trademark, trade name and service mark applications or registrations, copyrights
and reissues thereof that may be granted for or upon any of the foregoing. Notwithstanding the foregoing, “Work Product” shall not include the patents and other assets set forth on Exhibit C hereto. Participant hereby represents and
warrants that the patents and other assets owned by Participant set forth on Exhibit C are not related in any way to the Company, except as stated therein. 

(c)    Non-Disparagement. The Participant shall not, in any
manner, directly or indirectly, make any oral or written statement to any person that disparages or places the Company or an affiliate thereof or any of their respective officers, shareholders or advisors, or any member of the Board, in a false or
negative light; provided, however, that the Participant shall not be required to make any untruthful statement or to violate any law. 

4.    Enforcement. 

Participant understands that the restrictions set forth in Exhibit A to the Notice of Grant and Restricted Cash Retention Award
Agreement may limit his or her ability to earn a livelihood in a business similar to the business of the Company or an affiliate thereof, but he or she nevertheless believes that he or she has received and will receive sufficient consideration and
other benefits in connection with his or her Continuous Service with the Company or an affiliate thereof to clearly justify such restrictions which, in any event (given his or her education, skills and ability), Participant does not believe would
prevent him or her from otherwise earning a living. Participant has carefully considered the nature and extent of the restrictions placed upon him or her by Exhibit A to the Notice of Grant and Restricted Cash Retention Award Agreement, and
hereby acknowledges and agrees that the same are reasonable, do not confer a benefit upon the Company disproportionate to the detriment of Participant and are reasonable in time, scope and territory and necessary for the protection of the Company
and its affiliate and are an essential inducement to the Company’s grant of the Restricted Award. 
 Because Participant’s
services are unique and because Participant has access to Confidential Information and Work Product, the Parties hereto agree that money damages would be an inadequate remedy for any breach of the provisions of Exhibit A to the Notice of
Grant and Restricted Cash Retention Award Agreement. Therefore, in the event of a breach or threatened breach of the restrictions in Exhibit A to the Notice and Agreement, the Company or its successors or assigns may, in addition to other
rights and remedies existing in their favor at law or in equity, apply to any court of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce, or prevent any violations of, the provisions hereof
(without posting a bond or other security) or require Participant to account for and pay over to the Company all compensation, profits, moneys, accruals, increments or other benefits derived from or received as a result of any transactions
constituting a breach of the covenants contained in Exhibit A to the Notice and Agreement, if and when the judgment of a court of competent jurisdiction is so entered against Participant. 

If, at the time of enforcement of the restrictions provided in Exhibit A to the Notice and Agreement, a court or arbitrator holds that
the restrictions stated herein are unreasonable under the circumstances then existing, the parties agree that the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the stated period, scope or
area determined to be reasonable under the circumstances by such court or arbitrator, as applicable. 
 Participant covenants and agrees
that he or she will not seek to challenge the enforceability of the covenants contained in Exhibit A to the Notice and Agreement against the Company or any of its affiliates, nor will Participant assert as a defense to any action seeking
enforcement of the provisions contained in Exhibit A to the Notice and 

  
 A-3 

 
Agreement (including an action seeking injunctive relief) that such provisions are not enforceable due to lack of sufficient consideration received by Participant. 

  
 A-4 

 EXHIBIT B: RESTRICTED TERRITORY 

North America and Europe 

  
 B-1 

 Exhibit C: Excluded Work Product 

 

					
	      X      	 	I have no inventions.
		
	                	 	The following is a complete list of all Work Product relative to the subject matter of my Service with the Company that have been created by me, alone or jointly with others, prior to the Grant Date, which might relate
to the Company’s present business:
		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
		 	  

		
	                	 	Additional sheets attached.
			
	Participant Signature:	 	 /s/ Majdi Abulaban
	  	Date:    8/25/2020

  
 C-1

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