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<![CDATA[Amended & Restated 2004 Share Option Plan]]>

 Exhibit 10.16 
 FLEETMATICS GROUP LIMITED 
 AMENDED AND RESTATED 2004 SHARE OPTION PLAN

  

	1.	PURPOSES OF THE PLAN 

  

	    	The purposes of this Plan are: 

  

	 	-	to attract and retain the best available personnel for positions of substantial responsibility; 

 

	 	-	to provide additional incentive to Employees; and 

  

	 	-	to promote the success of the business of the Group. 

  

	2.	DEFINITIONS AND INTERPRETATION 

 2.1     Definitions. In these Rules, unless the context requires otherwise, the following words and expressions shall have the following meanings: 

 

	 “Ordinary Shares” 
	means fully paid up Ordinary Shares of €1.00 each in the capital of the Company and Ordinary Shareholder” shall be construed accordingly. 

 

	 “Administrator” 
	means the board or the Remuneration Committee. 

  

	 “Applicable Laws” 
	means the legal requirements relating to the administration of share option plans under any stock exchange or quotation system on which shares in the capital of the Company are listed, traded or
quoted and the applicable laws of Ireland. 

  

	 “Board” 
	means the board of directors of the Company for the time being and as constituted from time to time or a duly appointed committee thereof, including, without limiting the generality of the
foregoing, the Remuneration Committee. 

  

	 “Company” 
	means Fleetmatics Group Limited, a company incorporated in Ireland under number 363222, other than as provided in Rule 11.7. 

 

	 “Continuous Status as an 
	means that the employment relationship with any member of the Group is 

	 Employee” 
	not interrupted or terminated. Continuous Status as an Employee shall not be considered interrupted in the case of: (i) any leave of absence approved by a member of

	 	the Group; or (ii) transfers between locations of the Company or between any other members of the Group, or any successor of the Company. A leave of absence
approved by a member of the Group shall include sick leave or any other personal leave. 

  

	 “Control” 
	shall have the meaning given to that expression by Section 432 of the Taxes Consolidation Act, 1997. 

 

	 “Date of Commencement” 
	means the date on which the Plan is approved by the board. 

  

	 “Employee” 
	means any person employed by any member of the Group. 

  

	 “Exercise Price” 
	the price at which the Optionee may subscribe for or acquire or purchase an Ordinary Share as determined pursuant to Rule 8.1 

 

	 “Fair Market Value” 
	means, as of any date, the value of an Ordinary Share determined in good faith by the Administrator provided that in no event shall the Fair Market Value be less than the par value of an
Ordinary Share. 

  

	 “Group” 
	means the Company or any company or companies for the time being under the Control of the Company or any company treated as an associated company for the purposes of the accounts of the Company.

  

	 “Notice of Grant” 
	means a written notice evidencing certain terms and conditions of an individual Option grant. The Notice of Grant is part of the Option Agreement. 

 

	 “Option” 
	means a right to subscribe for or acquire or purchase Ordinary Shares granted pursuant to the Plan. 

 

	 “Option Agreement” 
	means a written agreement between the Company and an Optionee evidencing the terms and conditions of an individual Option grant. The Option Agreement is subject to the terms and conditions of
the Plan. 

  

	 “Optioned Shares” 
	means the Ordinary Shares subject an Option. 

  

	 “Optionee” 
	means an Employee to whom an Option has been granted in accordance with the Plan and in whom rights under the Plan are still vested or (where the context so requires) the legal personal
representatives of such a person. 

  
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	 “Parent” 
	means a “holding company”, whether now or hereafter existing, as such term is defined in Section 155 of the company Act, 1963 as amended. 

 

	 “Plan” 
	means the FLEETMATICS GROUP Limited 2004 share Option Plan set out herein and as amended from time to time in accordance with its rules. 

 

	 “Remuneration Committee” 
	means a committee of the board appointed by the board for the purpose, inter alia, of the administration of the Plan. 

 

	 “Rules” 
	means the rules for the administration of the Plan contained herein or which are laid down by the board and which may be amended by them in accordance with the provisions of Rule 13
hereof. 

  

	 “Subsidiary” 
	means a “subsidiary”, whether now or hereafter existing, as such term is defined in Section 155 of the Companies Act, 1963, as amended. 

 

	 “Subsisting Option” 
	means an Option that has not lapsed, been renounced or exercised. 

 2.2   Interpretation. Any reference to a statutory provision shall be deemed to include that provision as the same may from time to time be amended or re-enacted, any reference to a
company share options scheme or plan includes that scheme or plan as the same may be varied from time to time in accordance with its terms, and wherever the context so admits or requires the singular shall include the plural and vice versa and the
masculine shall include the feminine. 
  

	3.	SHARES SUBJECT TO THE PLAN 

 Subject to the provisions of Rule 11, the maximum aggregate number of Ordinary shares which may be optioned and sold under the Plan shall not exceed 4,727,054. If an Option is surrendered or
expires or becomes unexercisable without having been exercised in full the unpurchased Ordinary shares which were subject thereto shall become available for future grant or sale under the Plan (unless the Plan has terminated) provided however that a
Ordinary Shares that have actually been issued under the Plan shall not be returned to the Plan and shall not become available for future distribution under the Plan. 
  

	4.	ADMINISTRATION OF THE PLAN 

 4.1     Procedure. The Plan shall be administered by the Administrator. 
 4.2     Powers of the Administrator. Subject to the rules, and in the case of the Remuneration Committee, subject to the specific duties delegated by the board to the
Remuneration Committee, and subject to the approval of any relevant authorities, the Administrator shall have the authority, in its absolute discretion: 
 4.2.1 to determine the Fair Market Value of the Ordinary shares; 

  
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 4.2.2 to select the Employees to whom Options may be granted hereunder;

 4.2.3 to determine whether and to what extent Options are granted hereunder; 

4.2.4 to determine the number of Ordinary shares to be covered by each Option granted hereunder; 

4.2.5 to approve forms of agreement for use under the Plan; 

4.2.6 to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Option granted hereunder.
Such terms and conditions include, but are not limited to, the exercise price, the time or times when Options may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any
restriction or limitation regarding any Option or the Ordinary Shares relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 

4.2.7 if the Fair Market Value of the Ordinary Shares covered by an Options shall have declined since the date the Options
were granted, to either reduce the exercise price of any such Options to the then current Fair Market Value or to institute an option exchange program whereby such Options are surrendered in exchange for Options with a lower exercise price;

 4.2.8 to construe and interpret the terms of the Plan and awards granted pursuant to the Plan; 

4.2.9 to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating
to sub-plans established for the purpose of qualifying for preferred tax treatment under foreign tax laws 

4.2.10 to modify or amend each Option (subject to Rule 13.3), including, without limitation, the discretionary
authority to extend the post-termination exercisability period of Options longer than is otherwise provided for in the Plan. 
 4.2.11 to authorise any person to execute on behalf of the Company any instrument required to effect the grant of an Option previously granted by the Administrator; 

4.2.12 to determine the terms and restrictions applicable to Options; and 

4.2.13 to make all other determinations deemed necessary or advisable for administering the Plan. 

4.3    Effect of Administrator’s Decision. The Administrator’s decisions, determinations and
interpretations shall be final and binding on all Optionees and any other holders of Options. 

  
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	5.	LIMITAITONS 

5.1    No Right to Continuing Relationship. Neither the Plan nor any Option shall confer upon an Optionee any
right with respect to continuing the Optionee’s employment relationship with any member of the Group, nor shall they interfere in any way with the Optionee’s right or the right of any member of the Group to terminate such employment
relationship at any time, with or without cause. No person shall be entitled as of right to participate in the Plan. 

5.2    Not Part of Contract. The Plan shall not form part of any contract of employment between the Company and
any Employee. Any benefit to the Employee under the Plan shall not form part of his or her remuneration or count as remuneration for pension fund or other purposes. It shall be a condition of the Plan that in the event of the termination of an
Optionee’s Continuous Status as an Employee (for whatever reason) he or she shall not be entitled to any compensation whatsoever by reason of any alteration or termination, thereon, of his or her rights or expectations under the Plan.

  

	6.	TERM OF PLAN 

The Plan shall become effective upon the Commencement Date. It shall continue in effect for a term of ten (10) years
thereafter unless terminated earlier under Rule 13. 
  

	7.	TERM OF OPTION 

The term of each Option shall be stated in the Notice of Grant; provided however that the terms hall be no more than seven (7) years
from the date of grant. 
  

	8.	EXERCISE PRICE AND CONSIDERATION 

 8.1    Exercise Price. The per share exercise price for the Ordinary Shares to be issued pursuant to exercise of an Option shall be determined by the Administrator provided that
the exercise price shall be no less than the Fair Market Value per Ordinary Share on the date of grant. 

8.2    Waiting Period and Exercise Dates. At the time an Option is granted, the Administrator shall fix the
period within which the Option may be exercised and shall determine any conditions which must be satisfied before the Option may be exercised. In so doing, the Administrator may specify that an Option may not be exercised until the completion of a
service period. 
 8.3    Form of Consideration. The Administrator shall determine the acceptable form
of consideration for exercising an Option, including the method of payment, subject to compliance with Applicable Laws. Such consideration may consist entirely of: 

8.3.1    cash; 

8.3.2    cheque; 

  
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 8.3.3 bank credit transfer; 

8.3.4 delivery of a properly executed exercise notice together with such other documentation as the Administrator and the
broker, if applicable, shall require to effect an exercise of the Option and delivery to the Company of the sale proceeds required to pay the Exercise Price; 
 8.3.5 any combination of the foregoing methods of payment; or 

8.3.6 such other consideration and method of payment for the issuance of Ordinary Shares to the extent permitted by
Applicable Laws. 
  

	9.	EXERCIE AND LAPSE OF OPTIONS 

 9.1 Procedure for Exercise of Rights as a Shareholder. 

9.1.1 Any Option granted hereunder shall be exercisable according to the terms of the Plan and at such times and under
such conditions as determined by the Administrator and set forth in the Option Agreement. 
 9.1.2 An Option may
not be exercised for a fraction of an Ordinary Share. 
 9.1.3 An Option shall be deemed exercised when the
Company receives: (i) written notice of exercise (in accordance with the Option Agreement) from the person entitled to exercise the Option, and (ii) full payment for the Ordinary Shares with respect to which the Option is exercised. Full
payment may consist of any consideration and method of payment authorised by the Administrator and permitted by the Option Agreement and the Plan and permitted under the Applicable Laws. Save as otherwise provided to the contrary in the Option
Agreement, Ordinary Shares issued upon exercise of an Option shall be issued in the name of the Optionee or in the name of a nominee of the Optionee. Until the share certificate evidencing such Ordinary Shares is issued (as evidenced by the entry of
the name of the holder of such Ordinary Shares in the Register of Members of the Company) no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Shares, notwithstanding the exercise of the
Option. The Company shall issue (or cause to be issued) such share certificate promptly after the Option is exercised. 
 9.1.4 Any Ordinary Shares allotted on the exercise of an Option shall rank pari passu in all respects with the Ordinary Shares in issue at the date of exercise of such Option and shall participate in all
dividends or other distributions which may be declared, made or paid by reference to a record date after such date, but not before. 
 9.1.5 Exercising an Option in any manner shall decrease the number of Ordinary Shares thereafter available, both for the purposes of the Plan and for sale under the Option, by the number of Ordinary
Shares as to which the Option is exercised. 
 9.2 Termination of Employment Relationship. Upon termination of an
Optionee’s Continuous Status as an Employee, other than in the circumstances referred to in Rules 9.3, 9.4, 

  
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or 9.5 or in circumstances were the Optionee is summarily dismissed or is dismissed for misconduct, and such dismissal is not subsequently found to be wrongful dismissal or unfair
dismissal, the Optionee may exercise his or her Option, but only within such period of time as is specified in the Notice of Grant, and only to the extent that the Optionee was entitled to exercise it at the date of termination (but in no event
later than the expiration of the term of such Option as set forth in the Notice of Grant). In the absence of a specified time in the Notice of Grant, the Option shall remain exercisable for 90 days following termination of the Optionee’s
Continuous Status as an Employee. If, at the date of termination, the Optionee is not entitled to exercise his or her entire Option, the Ordinary Shares covered by the unexercisable portion of the Option shall revert to the Plan. If, after
termination, the Optionee does not exercise his or her Option within the time specified by the Administrator, the Option shall terminate, and the Ordinary Shares covered by such Option shall revert to the Plan. 

9.3 Permanent Ill Health, Injury or Disability, Retirement, Redundancy etc. of Optionee. In the event that an Optionee’s
Continuous Status as an Employee terminates as a result of the Optionee’s permanent ill health, injury or disability, early retirement, dismissal by reason of redundancy or because the Company employing him or her ceases to be a member of the
Group (unless the Optionee is immediately employed by another member of the Group) the Optionee may exercise his or her Option at any time within twelve (12) months from the date of such termination, but only to the extent that the Optionee was
entitled to exercise it at the date of such termination, (but in no event later than the expiration of the term of such Option as set forth in the Notice of Grant). If, at the date of such termination, the Optionee is not entitled to exercise his or
her entire Option, the Ordinary Shares covered by the unexercisable portion of the Option shall revert to the Plan. If, after such termination, the Optionee does not exercise his or her Option within the time specified herein, the Option shall
terminate, and the Ordinary Shares covered by such Option shall revert to the Plan. 
 9.4 Death of Optionee while an
Employee. In the event of the death of an Optionee while an Employee the Option may be exercised at any time within twelve (12) months following the date of death (but in no event later than the expiration of the term of such Option as set
forth in the Notice of Grant), by the Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent that the Optionee was entitled to exercise the Option at the date of death.
If, at the time of death, the Optionee was not entitled to exercise his or her entire Option, the Ordinary Shares covered by the unexercisable portion of the Option shall immediately revert to the Plan. If, after death, the Optionee’s estate or
a person who acquired the right to exercise the Option by bequest or inheritance does not exercise the Option within the time specified herein, the Option shall terminate, and the Ordinary Shares covered by such Option shall revert to the Plan.

 9.5 Death of Optionee within Ninety (90) Days of Ceasing to be an Employee. In the event of the death of an
Optionee within ninety (90) days of ceasing to be an Employee, in circumstances where the termination of the Continuous Status as an Employee was for one of the reasons to which Rule 9.2 applies, the Option may be exercised at any time
within twelve (12) months following the date of death (but in no event later than the expiration of the term of such Option as set forth in the Notice of Grant), by the Optionee’s estate or by a person who acquired the right to exercise
the Option by bequest or inheritance, but only to the extent that the Optionee was entitled to exercise the Option at the date of death. If, at the time of death, the Optionee was 

  
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not entitled to exercise his or her entire Option, the Ordinary Shares covered by the unexercisable portion of the Option shall immediately revert to the Plan. If, after death, the
Optionee’s estate or a person So acquired the right to exercise the Option by bequest or inheritance does not exercise the Option within the time specified herein, the Option shall terminate, and the Ordinary Shares covered by such Option shall
revert to the Plan. 
 9.6 General Offer. In the event of a general offer being made to all the holders of ordinary shares
in the capital of the Company, (or all such holders other than the offeror and/or any person controlled by the offeror and/or any person acting in association or concert with the offeror) and such offer becomes or is declared unconditional the
Optionee may, at any time within six (6) months after the date on which such offer is made, exercise, without restriction, all or any vested part of his or her Option provided that, if any .person .becomes bound or entitled to exercise
compulsory rights under Section 204 of the Companies Act, 1963 to acquire Ordinary Shares, an Optionee may exercise his or her Option, within one month after the date of notice in writing given to the holders of Ordinary Shares pursuant to
Section 204 of the Companies Act, 1963. If the Optionee does m exercise the Option during such period then the Option shall terminate and the Ordinary Shares covered by such Option shall revert to the Plan. 

9.7 Compromise or Arrangement. In the event that, under Section 201 of the Companies Act, 1963, the court sanctions a
compromise or arrangement proposed for the purposes of, or in connection with, a scheme for the reconstruction of the Company or its amalgamation with another company or companies, an Optionee shall have the right to exercise the Option within six
months after such sanction. If the Optionee does not exercise the Option within such period then, providing that a Subsisting Option is not released for a new Option pursuant to Rule 11.3, the Options shall terminate and the Ordinary Shares
covered by such Option shall revert to the Plan. 
 9.8 Renunciation of an Option Optionee may at any time renounce his or
her Option by serving notice in writing on the Company of his or her intention to so renounce. The renunciation shall be effective from the date of receipt of such notice by the Company, upon which date the Optionee’s Option shall be deemed to
have lapsed and the Ordinary Shares covered by such Option shall revert to the Plan. 
  

	10.	NON-TRANSFERABILITY OF OPTIONS 

 Unless determined otherwise by the Administrator, an Option shall be personal to the Optionee and, accordingly, shall not be capable of being sold, charged or otherwise encumbered, assigned, transferred
or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee. Any breach of this provision shall entitle the Board to cancel the Option. If
the Administrator makes an Option transferable, such Option shall contain such additional terms and conditions as the Administrator deems appropriate. 

  
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	11.	ADJUSTMENTS UPON CHANGES IN CAPITALISATION, DISSOLUTION OR LIQUIDATION 

11.1 Changes in Capitalisation. Subject to any required action by the shareholders of the Company, the number of Ordinary Shares
covered by each outstanding Option, and the number of Ordinary Shares which have been authorised for issuance under the Plan but as to which no Options have yet been granted or which have been returned to the Plan upon cancellation or expiration of
an Option, as well as the price per Ordinary Share covered by each such outstanding Option, shall be proportionately adjusted for any increase or decrease in the number of issued Ordinary Shares or ordinary shares in the capital of the Company
resulting from a share subdivision, consolidation, scrip dividend, combination or reclassification of Ordinary Shares or ordinary shares in the capital of the Company, or any other increase or decrease in the number of issued Ordinary Shares or
ordinary shares in the securities of the Company shall not be deemed to have been “effected without receipt of consideration”. Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and
conclusive. Except as expressly provided herein, no issuance by the Company of shares of any class, or securities convertible into shares of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or
price of Ordinary Shares subject to an Option. 
 11.2 Dissolution or Liquidation. In the event of the proposed
dissolution or liquidation of the Company, to the extent than an Option has not been previously exercised, it will terminate immediately prior to the consummation of such proposed action. The Board may, in the exercise of its sole discretion in such
instances, declare that any Option shall terminate as of a date fixed by the Board and give each Optionee the right to exercise his or her Option as to all or any part of the Optioned Shares, including Ordinary Shares as to which the Option would
not otherwise be exercisable. 
 11.3 Change of Control. If any company (in this Rule 11.3 referred to as the
acquiring company) obtains Control of the Company as a result of a general offer, as referred to in Rule 9.6 the Board shall seek the agreement of the acquiring company for Optionees to release Subsisting Options to the acquiring company
in consideration of the acquiring company granting new options which relate to shares in the acquiring company or any other company which has Control of the acquiring company or which either is or has Control of a company which is a member of a
consortium owning either the acquiring company or a company having Control of the acquiring company. If such agreement is obtained every Optionee shall be entitled to release every Subsisting Option held by him or her in consideration of the grant
of a new Option which satisfies the following conditions and providing that such release is within the appropriate period as set out below: 
 11.3.1 is over fully paid up non redeemable ordinary shares in the acquiring company or a company Controlling the acquiring company (and the term “Ordinary Shares” in these Rules shall
thereafter be construed accordingly); 
 11.3.2 Is a right to acquire such number of such ordinary shares as has
on acquisition of the new Option an aggregate Fair Market Value equal to the aggregate Fair Market Value of the Ordinary Shares subject to the old Option on its release; 

  
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 11.3.3 has an Option Price per ordinary share the subject of the New Option
such that the aggregate price payable on complete exercise of the Option equals the aggregate price that would have been payable on complete exercise of the old Option; and 

11.3.4 is otherwise identical in terms to the old Option. 

That new Option shall, for all other purposes of these Rules, be treated as having been acquired at the same time as the old Option for
which it is released. 
 11.4 “Meaning of “appropriate period”. The “appropriate period” referred
to in Rule 11.3 means: 
 11.4.1 in a case falling within the first part of Rule 9.6, being a
general offer made to all the holders of ordinary shares in the capital of the Company, the period of six months beginning when the offeror has obtained Control of the Company and any conditions subject to which the offer is made are satisfied; and

 11.4.2 in a case falling within the latter part of Rule 9.6, whereby a person becomes bound or entitled
to exercise compulsory rights under Section 204 of the Companies Act, 1963, the period during which the acquiring company remains bound or entitled as mentioned therein; 

11.4.3 in a case falling within Rule 9.7, the period of six months beginning with the time when the Court sanctions
the compromise or arrangement. 
 11.5 Application of Rules 11.3 and 11.4. Rules 11.3 and 11.4 shall
apply to all Options granted on or after the Date of Commencement. 
 11.6 Application of Rule 7.1. The exercise of
an Option pursuant to the preceding provisions of this Rule 11 and Rules 9.2 to 9.7 inclusive shall be subject to the provisions of Rule 9.1. 
 11.7 Meaning of “Company” Following the release of Subsisting Options and the grant of new Options the term “Company” shall for the purposes only of Rules 9.1, 9.6, 9.7,
9.8, 11.3, 11.4 and 12 to 19 inclusive mean in relation to the new Options, the company the share capital of which includes shares over which new Options have been granted and for the purposes of Rule 13.5 shall mean Fleetmatics
Group Limited and the acquiring company and the term “Board” in Rules 9, 11, 13.6, 16 and 17 shall mean in relation to the new Options the Board of such company. 

11.8 Exercise of New Options. Where in accordance with Rule 11.3 Subsisting Options are released and new Options
granted the new Options shall not be exercisable in accordance with Rules 9.6 and 9.7 by virtue of the event on which new Options were granted. 

  
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	12.	DATE OF GRANT 

 The
date of grant of an Option shall be, for all purposes, the date on which the Administrator makes the determination granting such Option, or such other later date as is determined by the Administrator. Notice of the determination shall be provided to
each Optionee within a reasonable time after the date of such grant and an Optima Agreement shall be forwarded to each Optionee for execution and return. No consideration shall be payable by an Optionee for the grant of an Option. 

 

	13.	AMENDMENT AND TERMINATION OF PLAN 

 13.1 Amendment and Termination. Subject to Rule 13.3 the Board may at any time and from time to time by resolution (and without other formality) amend, alter, augment, suspend or terminate
the Plan. 
 13.2 Shareholder Approval. The Company shall obtain shareholder approval of any Plan amendment to the extent
necessary and desirable to comply with Applicable Laws. 
 13.3 Effect of Amendment or Termination. No amendment,
alteration, augmentation, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and
the Company. 
 13.4 Costs. The Company shall bear the costs of setting up and administering the Plan. 

13.5 Books of Account and Records. The Company shall maintain all necessary books of account and records relating to the Plan.

 13.6 Execution on behalf of Optionee. The Board shall be entitled to authorise any person to execute on behalf of an
Optionee, at the request of the Optionee, any document relating to the Plan insofar as such document is required to be executed pursuant hereto. 
  

	14.	LEGAL COMPLIANCE 

Ordinary Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and delivery
of such Ordinary Shares shall comply with Applicable Laws. 
  

	15.	LIABILITY OF COMPANY 

 15.1 Inability to Obtain Authority. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s solicitors to be
necessary to the lawful issuance and sale of any Ordinary Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Ordinary Shares as to which such requisite authority shall not have been obtained.

 15.2 Grants Exceeding Approved Number of Ordinary Shares. If the Optioned Shares covered by an Option exceeds, as of
the date of grant, the number of Ordinary Shares which may 

  
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be issued under the Plan without additional shareholder approval, such Option shall be void with respect to such excess Optioned Shares, unless shareholder approval of an amendment sufficiently
increasing the number of Ordinary Shares subject to the Plan is timely obtained in accordance with Rule 13.2 of the Plan. 

15.3 Nothing contained in the Plan or the Rules shall impose any liability whatsoever on the Company to provide tax or legal advice to any
Employee or Optionee in connection with the Plan or to discharge any tax liabilities arising to any Employee or Optionee. 
  

	16.	AVAILABILITY OF SHARES 

 16.1 Subject to the provisions of this Rule 16 the Company shall have available at all times sufficient unissued Ordinary Shares necessary to satisfy the Options which have been granted but not
exercised. 
 16.2 On the exercise of an Option the Board may satisfy the requirement for Ordinary Shares by the allotment of
Ordinary Shares, by purchasing Ordinary Shares or by such other means as it may determine. 
  

	17.	TERMINATION 

 The
Company in general meeting or the Board may, at any time, resolve not to grant further Options under Plan but the subsisting rights of Optionees under the Plan shall remain in force. 

 

	18.	NOTICES 

 Any
notice or other communication between the Company and an Optionee shall be given by sending the same by post or by personal delivery to, in the case of the Company, its registered office and, in the case of an Optionee, his or her address as
notified to the Company, in writing, from time to time. 

  
 122011 Stock Option and Incentive Plan

 Exhibit 10.17 
 FLEETMATICS 
 2011 STOCK OPTION AND INCENTIVE PLAN 

SECTION 1. GENERAL PURPOSE OF THE PLAN; DEFINITIONS 
 The name of the plan is the Fleetmatics 2011 Stock Option and Incentive Plan (the “Plan”). The purpose of the Plan is to encourage and enable the officers, employees and Non-Employee Directors
of Fleetmatics (the “Company”) and its Subsidiaries, upon whose judgment, initiative and efforts the Company largely depends for the successful conduct of its business, to acquire a proprietary interest in the Company as this will
(i) assist in attracting and retaining the best available personnel for positions of substantial responsibility; (ii) provide additional incentive to those persons; and (iii) promote the success of the business of the Group.

 The following terms shall be defined as set forth below: 

“Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder. 

“Administrator” means either the Board or the remuneration committee of the Board or a similar committee performing the
functions of the remuneration committee and which is comprised of not less than two Non-Employee Directors who are independent. 

“Award” or “Awards,” except where referring to a particular category of grant under the Plan, shall
include Incentive Stock Options, Non-Qualified Stock Options, Restricted Stock Units and Cash-Based Awards. 
 “Award
Certificate” means a written or electronic document setting forth the terms and provisions applicable to an Award granted under the Plan in a form approved by the Administrator in its sole discretion. Each Award Certificate is subject to
the terms and conditions of the Plan. 
 “Board” means the Board of Directors of the Company. 

“Cash-Based Award” means an Award entitling the recipient to receive a cash-denominated payment. 

“Code” means the Internal Revenue Code of 1986, as amended, and any successor Code, and related rules, regulations and
interpretations. 
 “Covered Employee” means an employee who is a “Covered Employee” within the
meaning of Section 162(m) of the Code. 
 “Effective Date” means the date on which the Plan is approved by
shareholders as set forth in Section 17. 
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended, and the rules and regulations thereunder. 

 “Fair Market Value” of the Stock on any given date means the fair market
value of the Stock determined in good faith by the Administrator; provided, however, that if the Stock is admitted to quotation on the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), NASDAQ Global Market,
the New York Stock Exchange or another national securities exchange, the determination shall be made by reference to market quotations. If there are no market quotations for such date, the determination shall be made by reference to the last date
preceding such date for which there are market quotations; provided further, however, that if the date for which Fair Market Value is determined is the first day when trading prices for the Stock are reported on a national securities exchange, the
Fair Market Value shall be the “Price to the Public” (or equivalent) set forth on the cover page for the final prospectus relating to the Company’s Initial Public Offering. 

“Group” means the Company and its Subsidiaries. 

“Incentive Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as
defined in Section 422 of the Code. 
 “Initial Public Offering” means the consummation of the first fully
underwritten, firm commitment public offering pursuant to an effective registration statement under the Act covering the offer and sale by the Company of its equity securities, or such other event as a result of or following which the Stock shall be
publicly held. 
 “Non-Employee Director” means a member of the Board who is not also an employee of the
Company or any Subsidiary. 
 “Non-Qualified Stock Option” means any Stock Option that is not an Incentive
Stock Option. 
 “Option” or “Stock Option” means any option to acquire shares of Stock
granted pursuant to Section 5. 
 “Performance-Based Award” means any Restricted Stock Units or Cash-Based
Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder. 

“Performance Criteria” means the criteria that the Administrator selects for purposes of establishing the Performance
Goal or Performance Goals for an individual for a Performance Cycle. The Performance Criteria (which shall be applicable to the organizational level specified by the Administrator, including, but not limited to, the Company or a unit, division,
group, or Subsidiary of the Company) that will be used to establish Performance Goals are limited to the following: revenues, expense levels, cash flow, business development and financing milestones and developments, earnings before interest, taxes,
depreciation and amortization, net income (loss) (either before or after interest, taxes, depreciation and/or amortization), changes in the market price of the Stock, economic value-added, funds from operations or similar measure, sales or revenue,
acquisitions or strategic transactions, operating income (loss), cash flow (including, but not limited to, operating cash flow and free cash flow), return on capital, assets, equity, or investment, shareholder returns, return on sales, gross or net
profit levels, productivity, expense, margins, operating efficiency, customer satisfaction, working capital, earnings (loss) 

  
 2 

 
per share of Stock, sales or market shares and number of customers, any of which may be measured either in absolute terms or as compared to any incremental increase or as compared to results of a
peer group. 
 “Performance Cycle” means one or more periods of time, which may be of varying and overlapping
durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Performance-Based Award. Each such period shall
not be less than six months. 
 “Performance Goals” means, for a Performance Cycle, the specific goals
established in writing by the Administrator for a Performance Cycle based upon the Performance Criteria. 
 “Restricted
Stock Units” means an Award of stock units to a grantee. 
 “Sale Event” shall mean (i) the sale
of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (ii) a merger, reorganization or consolidation pursuant to which the holders of the Company’s outstanding voting power
immediately prior to such transaction do not own a majority of the outstanding voting power of the resulting or successor entity (or its ultimate parent, if applicable) immediately upon completion of such transaction (including without limitation by
way of a takeover offer pursuant to the Irish Takeover Rules or a scheme of arrangement pursuant to the Companies Acts 1963 to 2009 of Ireland), (iii) the sale of all of the Stock of the Company to an unrelated person or entity, or
(iv) any other transaction in which the owners of the Company’s outstanding voting power prior to such transaction do not own at least a majority of the outstanding voting power of the Company or any successor entity immediately upon
completion of the transaction other than as a result of the acquisition of securities directly from the Company. 

“Sale Price” means the value as determined by the Administrator of the consideration payable, or otherwise to be
received by shareholders, per share of Stock pursuant to a Sale Event. 
 “Section 409A” means
Section 409A of the Code and the regulations and other guidance promulgated thereunder. 
 “Stock” means
the Ordinary Shares in the capital of the Company, having nominal value Euro 0.01 per share or such alternative nominal value as the Board may approve, of the Company, subject to adjustments pursuant to Section 3. 

“Subsidiary” means any corporation or other entity (other than the Company) in which the Company has at least a 50
percent interest, either directly or indirectly. 
 “Ten Percent Owner” means an employee who owns or is deemed
to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation. 

“Unrestricted Stock Award” means an Award of shares of Stock free of any restrictions. 

All references in this Plan to legislation are, unless otherwise expressly stated, to legislation operative in the United States of America as at the
date of adoption of this Plan and (except 

  
 3 

 
where the context otherwise requires) will be construed as referring to such legislation as amended and in force from time to time and to any legislation which re-enacts or consolidates (with or
without modification) any such legislation. 
  

	 	SECTION 2.	ADMINISTRATION OF PLAN; ADMINISTRATOR AUTHORITY TO SELECT GRANTEES AND DETERMINE AWARDS 

(a) Administration of Plan. The Plan shall be administered by the Administrator. 

(b) Powers of Administrator. The Administrator shall, in consultation with members of the Group whom grantees or proposed grantees
are engaged in employment or service, have the power and authority to grant Awards consistent with the terms of the Plan, including the power and authority: 
 (i) to select the individuals to whom Awards may from time to time be granted; 

(ii) to determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Qualified Stock Options, Restricted
Stock Units, and Cash-Based Awards or any combination of the foregoing, granted to any one or more grantees; 
 (iii) subject to
the definition of “Fair Market Value” in Section 1, to determine the Fair Market Value of shares of Stock; 

(iv) to determine the number of shares of Stock to be covered by any Award; 

(v) to determine and modify from time to time the terms and conditions, including restrictions, not inconsistent with the terms of the
Plan, of any Award, which terms and conditions may differ among individual Awards and grantees and may or may not incorporate Performance Goals and to approve the forms of Award Certificates or, if required, other forms of agreement or document for
use in connection with the Plan and any grant of an Award; 
 (vi) to accelerate at any time the exercisability or vesting of
all or any portion of any Award; 
 (vii) subject to the provisions of Section 5(b), to extend at any time the period in
which Stock Options may be exercised; and 
 (viii) at any time to prescribe, adopt, alter and repeal such rules, guidelines,
regulations and practices for administration of the Plan and for its own acts and proceedings as it shall deem advisable; 

(ix) to interpret the terms and provisions of the Plan and any Award (including Award Certificates or other related written instruments);

 (x) to make all determinations it deems advisable for the administration of the Plan; 

  
 4 

 (xi) to authorize any person to execute on behalf of the Company any instrument required to
effect the grant of an Award; 
 (xii) to decide all disputes arising in connection with the Plan; and 

(xiii) to make all other determinations deemed necessary or advisable for administering the Plan and to otherwise supervise the
administration of the Plan. 
 All decisions and interpretations of the Administrator shall be final and binding on all persons,
including the Company and Plan grantees. 
 (c) Delegation of Authority to Grant Options. Subject to applicable law, the
Administrator, in its discretion, may delegate to the Chief Executive Officer or the Chief Financial Officer of the Company all or part of the Administrator’s authority and duties with respect to the granting of Options to individuals who are
(i) not subject to the reporting and other provisions of Section 16 of the Exchange Act and (ii) not Covered Employees. Any such delegation by the Administrator shall include a limitation as to the amount of Options that may be
granted during the period of the delegation and shall contain guidelines as to the determination of the exercise price and the vesting criteria. The Administrator may revoke or amend the terms of a delegation at any time but such action shall not
invalidate any prior actions of the Administrator’s delegate or delegates that were consistent with the terms of the Plan. 

(d) Award Certificate. Awards under the Plan shall be evidenced by Award Certificates which set forth the terms, conditions and
limitations for each Award and may, at the Administrator’s discretion, include, without limitation, the term of an Award and the provisions applicable in the event employment or service terminates (which may include forfeiture). 

(e) Indemnification. Neither the Board nor the Administrator, nor any member of either or any delegate thereof, shall be liable
for any act, omission, interpretation, construction or determination made in good faith in connection with the Plan, and the members of the Board and the Administrator (and any delegate thereof) shall be entitled in all cases to indemnification and
reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under the Company’s
articles or bylaws or any directors’ and officers’ liability insurance coverage which may be in effect from time to time and/or any indemnification agreement between such individual and the Company. 

(f) Foreign Award Recipients. Notwithstanding any provision of the Plan to the contrary, in order to comply with or take account
of the laws in other countries in which the Company and its Subsidiaries operate or have employees or other individuals eligible for Awards, the Administrator, in its sole discretion, shall have the power and authority to: (i) determine which
Subsidiaries shall be covered by the Plan; (ii) determine which individuals outside the United States are eligible to participate in the Plan; (iii) modify the terms and conditions of any Award granted to individuals outside the United
States to comply with or take account of applicable foreign laws; (iv) establish subplans and modify exercise procedures and other terms and procedures, to the extent that the Administrator determines such actions to be necessary or advisable
(and such subplans and/or modifications shall be attached to this Plan as 

  
 5 

 
appendices); provided, however, that no such subplans and/or modifications shall increase the share limitations contained in Section 3(a) hereof; and (v) take any action, before or
after an Award is made, that the Administrator determines to be necessary or advisable to obtain approval or comply with any local governmental regulatory exemptions or approvals. Notwithstanding the foregoing, the Administrator may not take any
actions hereunder, and no Awards shall be granted, that would violate the Exchange Act or any other applicable United States securities law, the Code, or any other applicable United States governing statute or law. 

SECTION 3. STOCK ISSUABLE UNDER THE PLAN; MERGERS; SUBSTITUTION 

(a) Stock Issuable. The maximum number of shares of Stock reserved and available for issuance under the Plan shall be the sum of
(i) 666,667 shares and (ii) the number of shares under the Company’s Amended and Restated 2004 Share Option Plan which are not needed to fulfill the Company’s obligations for awards as a result of forfeiture, expiration,
cancellation, termination or net issuances of awards thereunder, subject to adjustment as provided in this Section 3. For the purposes of this limitation, the shares of Stock underlying any Awards that are forfeited, canceled, held back upon
exercise of an Option or settlement of an Award to cover the exercise price or tax withholding, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for
issuance under the Plan. Subject to such overall limitations, shares of Stock may be issued up to such maximum number pursuant to any type or types of Award; provided, however, that Stock Options with respect to no more 666,667 shares of Stock may
be granted to any one individual grantee during any one calendar year period and no more than 333,334 shares of the Stock may be issued in the form of Incentive Stock Options. The shares available for issuance under the Plan may be authorized but
unissued shares of Stock. 
 (b) Changes in Stock. Subject to Section 3(c) hereof, if, in the event of any
alteration taking place in the capital structure of the Company, whether by way of capitalisation of profits or reserves or any consolidation or subdivision or reduction of the capital of the Company or otherwise, the issued shares of Stock are
increased or decreased or are exchanged for a different number or kind of shares or other securities of the Company, or additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with
respect to such shares of Stock or other securities, or, if, as a result of any merger or consolidation, sale of all or substantially all of the assets of the Company, the outstanding shares of Stock are converted into or exchanged for securities of
the Company or any successor entity (or a parent or subsidiary thereof), the Administrator shall make an appropriate or proportionate adjustment in (i) the maximum number of shares reserved for issuance under the Plan, including the maximum
number of shares that may be issued in the form of Incentive Stock Options, (ii) the number of Stock Options that can be granted to any one individual grantee and the maximum number of shares that may be granted under a Performance-Based Award,
(iii) the number and kind of shares or other securities subject to any then outstanding Awards under the Plan, and (iv) the exercise price for each share subject to any then outstanding Stock Options under the Plan, without changing the
aggregate exercise price (i.e., the exercise price multiplied by the number of Stock Options) as to which such Stock Options remain exercisable provided however that the exercise price per share is not reduced below the nominal value of the share.
The adjustment by the Administrator shall be final, binding and conclusive. No fractional shares of Stock shall be issued under the Plan resulting from any such adjustment, but the Administrator in its discretion may, subject to applicable law, make
a cash payment in lieu of fractional shares. 

  
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 (c) Mergers and Other Transactions. Except as the Administrator may otherwise specify
with respect to particular Awards in the relevant Award Certificate, in the case of and subject to the consummation of a Sale Event, all outstanding Awards granted hereunder shall terminate, unless provision is made in connection with the Sale Event
in the sole discretion of the parties thereto for the assumption or continuation of Awards theretofore granted by the successor entity, or the substitution of such Awards with new Awards of the successor entity or parent thereof (or other entity),
with appropriate adjustment as to the number and kind of shares and, if appropriate, the per share exercise prices, as such parties shall agree (after taking into account any acceleration hereunder). In the event of such termination, (i) the
Company shall have the option (in its sole discretion and subject to applicable law) to make or provide for or procure a cash payment to the grantees holding Options, in exchange for the cancellation thereof, in an amount equal to the difference
between (A) the Sale Price multiplied by the number of shares of Stock subject to outstanding Options (to the extent then exercisable (after taking into account any acceleration hereunder) at prices not in excess of the Sale Price) and
(B) the aggregate exercise price of all such outstanding Options; or (ii) each grantee shall be permitted, within a specified period of time prior to the consummation of the Sale Event as determined by the Administrator, to exercise all
outstanding Options held by such grantee. The Company shall also have the option (in its sole discretion and subject to applicable law) to make or procure a cash payment to the grantees holding other Awards, in exchange for the cancellation thereof,
in an amount equal to (A) the Sale Price reduced by the exercise price for each share of Stock multiplied by (B) the number of shares of Stock underlying each such Award, to be paid at the time of such Sale Event or upon the vesting of
such Awards, if later. 
 (d) Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the
Company, to the extent than an Award has not been previously exercised or vested, it will terminate immediately prior to the consummation of such proposed action. The Board may, in the exercise of its sole discretion in such instances, declare that
any Award shall terminate as of a date fixed by the Board and may give each relevant grantee the right to exercise his or her Option as to all or any part of the shares, including shares as to which the Option would not otherwise be exercisable and
make such other determinations and arrangements as it shall, in its sole discretion, deem appropriate. 
 (e) Substitute
Awards. The Administrator may grant Awards under the Plan in substitution for stock and stock based awards held by employees, directors or other key persons of another corporation in connection with the merger or consolidation of the employing
corporation with the Company or a Subsidiary or the acquisition by the Company or a Subsidiary of property or stock of the employing corporation. The Administrator may direct that the substitute awards be granted on such terms and conditions as the
Administrator considers appropriate in the circumstances. Any substitute Awards granted under the Plan shall not count against the share limitation set forth in Section 3(a). 

  
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 SECTION 4. ELIGIBILITY 

Grantees under the Plan will be such full or part-time officers and other employees and Non-Employee Directors of the Company and its
Subsidiaries as are selected from time to time by the Administrator in its sole discretion. 
 SECTION 5. STOCK OPTIONS

 Any Stock Option granted under the Plan shall be in such form as the Administrator may from time to time approve. 

Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options. Incentive Stock Options may be
granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To the extent that any Option does not qualify as an Incentive Stock Option, it shall be
deemed a Non-Qualified Stock Option. 
 Stock Options granted pursuant to this Section 5 shall be subject to the following
terms and conditions and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Administrator shall deem desirable. 
 (a) Exercise Price. Subject to Section 9, the exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5 shall be determined by the Administrator
at the time of grant but shall not be less than 100 percent of the Fair Market Value on the date of grant. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the option price of such Incentive Stock Option shall,
subject to Section 9, be not less than 110 percent of the Fair Market Value on the grant date. 
 (b) Option Term.
The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than seven years after the date the Stock Option is granted. In the case of an Incentive Stock Option that is granted to a Ten Percent
Owner, the term of such Stock Option shall be no more than five years from the date of grant. 
 (c) Exercisability; Rights
of a Shareholder. Stock Options shall become exercisable at such time or times, whether or not in installments, as shall be determined by the Administrator at or after the grant date. The Administrator may at any time accelerate the
exercisability of all or any portion of any Stock Option. An optionee shall have the rights of a shareholder only as to shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options. 

(d) Method of Exercise. Stock Options may be exercised in whole or in part, by giving written or electronic notice of exercise to
the Company, specifying the number of shares to be acquired and according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Certificate. Payment of the exercise price
may be made by one or more of the following methods to the extent provided in the Award Certificate: 
 (i) In cash, by
certified or bank check or other instrument acceptable to the Administrator or by bank credit transfer; 

  
 8 

 (ii) By the optionee delivering to the Company a properly executed exercise notice together
with irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Company for the exercise price; provided that in the event that the optionee chooses to pay the exercise price as so provided,
the optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure; or 

(iii) With respect to Stock Options that are not Incentive Stock Options, by a “net exercise” arrangement pursuant to which the
Company will reduce the number of shares of Stock issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise price. 
 Payment instruments will be received subject to collection. The transfer to the optionee on the records of the Company or of the transfer agent of the shares of Stock to be acquired pursuant to the
exercise of a Stock Option will be contingent upon receipt from the optionee (or a third party acting on his behalf in accordance with the provisions of the Stock Option) by the Company of the full exercise price for such shares and the fulfillment
of any other requirements contained in the Award Certificate or applicable provisions of laws (including the satisfaction of any withholding taxes that the Company is obligated to withhold with respect to the optionee). In the event that the Company
establishes, for itself or using the services of a third party, an automated system for the exercise of Stock Options, such as a system using an internet website or interactive voice response, then the paperless exercise of Stock Options may be
permitted through the use of such an automated system. 
 An Option shall be deemed exercised when the Company receives: notice of exercise
(from the person entitled to exercise the Option, and (ii) full payment for the shares with respect to which the Option is exercised (both in accordance with this Section 5). 

(e) Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under
Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the shares of Stock with respect to which Incentive Stock Options granted under this Plan and any other plan of the Company or its parent and
subsidiary corporations become exercisable for the first time by an optionee during any calendar year shall not exceed US$100,000. To the extent that any Stock Option exceeds this limit, it shall constitute a Non-Qualified Stock Option. 

SECTION 6. RESTRICTED STOCK UNITS 
 (a) Nature of Restricted Stock Units. The Administrator shall determine the restrictions and conditions applicable to each Restricted Stock Unit at the time of grant. Conditions may be based on
continuing employment (or other service relationship) and/or achievement of Performance Goals. The terms and conditions of each Award Certificate shall be determined by the Administrator, and such terms and conditions may differ among individual
Awards and grantees. At the end of the relevant service or performance period, the Restricted Stock Units, to the extent vested, shall be settled in the form of shares of Stock provided however that each grantee pays no less than the nominal value
for each share of Stock issued on settlement, such payment to be made by one of the methods referred to in Section 5(d). To the 

  
 9 

 
extent that an award of Restricted Stock Units is subject to Section 409A, it may contain such additional terms and conditions as the Administrator shall determine in its sole discretion in
order for such Award to comply with the requirements of Section 409A. 
 (b) Election to Receive Restricted Stock Units
in Lieu of Compensation. The Administrator may, in its sole discretion and subject to applicable law, permit a grantee to elect to receive a portion of future cash compensation otherwise due to such grantee in the form of an award of Restricted
Stock Units. Any such election shall be made in writing and shall be delivered to the Company no later than the date specified by the Administrator and in accordance with Section 409A and such other rules and procedures established by the
Administrator. Any such future cash compensation that the grantee elects to defer shall be converted to a fixed number of Restricted Stock Units based on the Fair Market Value of Stock on the date the compensation would otherwise have been paid to
the grantee if such payment had not been deferred as provided herein. The Administrator shall have the sole right to determine whether and under what circumstances to permit such elections and to impose such limitations and other terms and
conditions thereon as the Administrator deems appropriate. Any Restricted Stock Units that are elected to be received in lieu of cash compensation shall be fully vested, unless otherwise provided in the Award Certificate. 

(c) Rights as a Shareholder. A grantee shall have the rights as a shareholder only as to shares of Stock acquired by the grantee
upon settlement of Restricted Stock Units. 
 (d) Termination. Except as may otherwise be provided by the Administrator
either in the Award Certificate or, subject to Section 14 below, in writing after the Award is issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon the grantee’s termination
of employment (or cessation of service relationship) with the Company and its Subsidiaries for any reason. 
 SECTION 7.
CASH-BASED AWARDS 
 Grant of Cash-Based Awards. The Administrator may, in its sole discretion, grant Cash-Based
Awards to any grantee in such number or amount and upon such terms, and subject to such conditions, as the Administrator shall determine at the time of grant. The Administrator shall determine the maximum duration of the Cash-Based Award, the amount
of cash to which the Cash-Based Award pertains, the conditions upon which the Cash-Based Award shall become vested or payable, and such other provisions as the Administrator shall determine. Each Cash-Based Award shall specify a cash-denominated
payment amount, formula or payment ranges as determined by the Administrator. Payment, if any, with respect to a Cash-Based Award shall be made in accordance with the terms of the Award and may be made in cash or in shares of Stock, as the
Administrator determines provided however that each grantee pays no less than the nominal value for each share of Stock issued (if applicable), such payment to be made by one of the methods referred to in Section 5(d). 

  
 10 

 SECTION 8. PERFORMANCE-BASED AWARDS TO COVERED EMPLOYEES 

(a) Performance-Based Awards. Any employee or other key person providing services to the Company or any Subsidiary and who is
selected by the Administrator may be granted one or more Performance-Based Awards in the form of Restricted Stock Units or Cash-Based Awards payable upon the attainment of Performance Goals that are established by the Administrator and relate to one
or more of the Performance Criteria, in each case on a specified date or dates or over any period or periods determined by the Administrator. The Administrator shall define in an objective fashion the manner of calculating the Performance Criteria
it selects to use for any Performance Cycle. Depending on the Performance Criteria used to establish such Performance Goals, the Performance Goals may be expressed in terms of overall Company performance or the performance of a corporate entity
within the Group, a division, business unit, or an individual. The Administrator, in its discretion, may adjust or modify the calculation of Performance Goals for such Performance Cycle in order to prevent the dilution or enlargement of the rights
of an individual (i) in the event of, or in anticipation of, any unusual or extraordinary corporate item, transaction, event or development, (ii) in recognition of, or in anticipation of, any other unusual or nonrecurring events affecting
the Company or any Subsidiary, or the financial statements of the Company or any Subsidiary, or (iii) in response to, or in anticipation of, changes in applicable laws, regulations, accounting principles, or business conditions provided
however, that the Administrator may not exercise such discretion in a manner that would increase the Performance-Based Award granted to a Covered Employee. Each Performance-Based Award shall comply with the provisions set forth below. 

(b) Grant of Performance-Based Awards. With respect to each Performance-Based Award granted to a Covered Employee, the
Administrator shall select, within the first 90 days of a Performance Cycle (or, if shorter, within the maximum period allowed under Section 162(m) of the Code) the Performance Criteria for such grant, and the Performance Goals with respect to
each Performance Criterion (including a threshold level of performance below which no amount will become payable with respect to such Award). Each Performance-Based Award will specify the amount payable, or the formula for determining the amount
payable, upon achievement of the various applicable performance targets. The Performance Criteria established by the Administrator may be (but need not be) different for each Performance Cycle and different Performance Goals may be applicable to
Performance-Based Awards granted to different Covered Employees. 
 (c) Payment of Performance-Based Awards. Following
the completion of a Performance Cycle, the Administrator shall meet to review and certify in writing whether, and to what extent, the Performance Goals for the Performance Cycle have been achieved and, if so, to also calculate and certify in writing
the amount of the Performance-Based Awards earned for the Performance Cycle. The Administrator shall then determine the actual size of each Covered Employee’s Performance-Based Award and, in doing so, may reduce or eliminate the amount of the
Performance-Based Award for a Covered Employee if, in its sole judgment, such reduction or elimination is appropriate. 
 (d)
Maximum Award Payable. The maximum Performance-Based Award payable to any one Covered Employee under the Plan for a Performance Cycle is 200,000 shares of Stock (subject to adjustment as provided in Section 3(b) hereof) or US$3,000,000
in the case of a Performance-Based Award that is a Cash-Based Award. 

  
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 SECTION 9. MINIMUM EXERCISE PRICE 

(a) Notwithstanding any other provision of the Plan, the exercise price per share of Stock comprised in any Award shall not in any event
be less than the nominal value of that share. 
 SECTION 10. TRANSFERABILITY OF AWARDS 

(a) Transferability. Except as provided in Section 10(b) below, during a grantee’s lifetime, his or her Awards shall be
exercisable only by the grantee, or by the grantee’s legal representative or guardian in the event of the grantee’s incapacity. No Awards shall be sold, assigned, transferred or otherwise encumbered or disposed of by a grantee other than
by will or by the laws of descent and distribution or pursuant to a domestic relations order. No Awards shall be subject, in whole or in part, to attachment, execution, or levy of any kind, and any purported transfer in violation hereof shall be
null and void. An Award shall, unless determined otherwise by the Administrator, lapse forthwith if a grantee purports to sell, assign, transfer, encumber or otherwise dispose of such Award except in accordance with the express terms of the Plan or
as may otherwise be permitted by the Administrator in its absolute discretion. 
 (b) Administrator Action.
Notwithstanding Section 10(a), the Administrator, in its discretion, may provide either in the Award Certificate regarding a given Award or by subsequent written approval that the grantee (who is an employee or director) may transfer his or her
Awards (other than any Incentive Stock Options or Restricted Stock Units) to his or her immediate family members, to trusts for the benefit of such family members, or to partnerships in which such family members are the only partners, provided that
the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan and the applicable Award. In no event may an Award be transferred by a grantee for value. 

(c) Family Member. For purposes of Section 10(b), “family member” shall mean a grantee’s child, stepchild,
grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the
grantee’s household (other than a tenant of the grantee), a trust in which these persons (or the grantee) have more than 50 percent of the beneficial interest, a foundation in which these persons (or the grantee) control the management of
assets, and any other entity in which these persons (or the grantee) own more than 50 percent of the voting interests. 
 (d)
Designation of Beneficiary. Each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death. Any
such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have
predeceased the grantee, the beneficiary shall be the grantee’s estate. 

  
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 SECTION 11. TAX WITHHOLDING 

(a) Payment by Grantee. Each grantee shall, no later than the date as of which the value of an Award or of any Stock or other
amounts received thereunder first becomes includable in the gross income of the grantee for Federal income tax purposes or the purposes of income tax or social insurance in any jurisdiction in which the grantee is liable to tax, pay to the Company
or any relevant Subsidiary, or make arrangements satisfactory to the Administrator regarding payment of, any Federal, state, or local taxes of any kind required by law to be withheld by the Company or relevant Subsidiary with respect to such income.
The Company and its Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation to deliver evidence of book entry (or stock
certificates, if applicable) to any grantee is subject to and conditioned on tax withholding obligations being satisfied by the grantee. 
 (b) Payment in Stock. Subject to approval by the Administrator, a grantee may elect to have the Company’s minimum required tax withholding obligation satisfied, in whole or in part, by
authorizing the Company to withhold from shares of Stock to be issued pursuant to any Award a number of shares with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due.

 SECTION 12. SECTION 409A AWARDS 
 To the extent that any Award is determined to constitute “nonqualified deferred compensation” within the meaning of Section 409A (a “409A Award”), the Award shall be subject to
such additional rules and requirements as specified by the Administrator from time to time in order to comply with Section 409A. In this regard, if any amount under a 409A Award is payable upon a “separation from service” (within the
meaning of Section 409A) to a grantee who is then considered a “specified employee” (within the meaning of Section 409A), no such payment shall be made prior to the date that is the earlier of (i) six months and one day
after the grantee’s separation from service, or (ii) the grantee’s death, but only to the extent that such delay is necessary to prevent such payment from being subject to interest, penalties and/or additional tax imposed pursuant to
Section 409A. Further, the settlement of any such Award may not be accelerated except to the extent permitted by Section 409A. 
 SECTION 13. TRANSFER, LEAVE OF ABSENCE, ETC. 
 For purposes of the Plan, the
following events shall not be deemed a termination of employment: 
 (a) a transfer to the employment of the Company from a
Subsidiary or from the Company to a Subsidiary, or from one Subsidiary to another; or 
 (b) an approved leave of absence for
military service or sickness, or for any other purpose approved by the Company, if the employee’s right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was granted or
if the Administrator otherwise so provides in writing. 

  
 13 

 SECTION 14. AMENDMENTS AND TERMINATION 

The Board may, at any time, amend or discontinue the Plan and the Administrator may, at any time, amend or cancel any outstanding Award
for the purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any outstanding Award without the holder’s consent. To the extent required under the rules of any securities
exchange or market system on which the Stock is listed, to the extent determined by the Administrator to be required by the Code to ensure that Incentive Stock Options granted under the Plan are qualified under Section 422 of the Code, or to
ensure that compensation earned under Awards qualifies as performance-based compensation under Section 162(m) of the Code, Plan amendments shall be subject to approval by the Company shareholders entitled to vote at a meeting of shareholders.
Nothing in this Section 14 shall limit the Administrator’s authority to take any action permitted pursuant to Section 3(b), 3(c) or 3(d). A grantee shall not be entitled to any compensation or damages whatsoever or howsoever
described, by reason of any termination, withdrawal or alteration of rights or expectations under the Plan. 
 SECTION 15.
STATUS OF PLAN 
 With respect to the portion of any Award that has not been exercised and any payments in cash, Stock or
other consideration not received by a grantee, a grantee shall have no rights greater than those of a general unsecured creditor of the Company unless the Administrator shall otherwise expressly determine in connection with any Award or Awards. In
its sole discretion, the Administrator may authorize the creation of trusts or other arrangements to meet the Company’s obligations to deliver Stock or make payments with respect to Awards hereunder, provided that the existence of such trusts
or other arrangements is consistent with the foregoing sentence. 
 SECTION 16. GENERAL PROVISIONS 

(a) No Distribution. The Administrator may require each person acquiring Stock pursuant to an Award to represent to and agree with
the Company in writing that such person is acquiring the shares without a view to distribution, sale or transfer thereof. 
 (b)
Delivery of Stock Certificates. Stock certificates to grantees under this Plan, if required under the articles of association of the Company, shall be deemed delivered for all purposes when the Company or a stock transfer agent of the Company
shall have mailed such certificates in the United States mail, addressed to the grantee or the grantee’s broker or nominee. Uncertificated Stock shall be deemed delivered for all purposes when the Company or a stock transfer agent of the
Company shall have given to the grantee by electronic mail (with proof of receipt) or by United States mail, addressed to the grantee or the grantee’s broker or nominee notice of issuance and recorded the issuance in its records (which may
include electronic “book entry” records or electronic delivery to Depository Trust Company). Notwithstanding anything herein to the contrary, the Company shall not be required to issue or deliver any certificates evidencing shares of Stock
pursuant to the exercise of any Award, unless and until the Administrator has determined, with advice of counsel (to the extent that the Administrator deems such advice necessary or advisable), that the issuance and delivery of such certificates is
in compliance with all applicable laws, regulations of governmental authorities 

  
 14 

 
and, if applicable, the requirements of any exchange on which the shares of Stock are listed, quoted or traded. All Stock certificates delivered pursuant to the Plan shall be subject to any
stop-transfer orders and other restrictions as the Administrator deems necessary or advisable to comply with federal, state or foreign jurisdiction, securities or other laws, rules and quotation system on which the Stock is listed, quoted or traded.
The Administrator may place legends on any Stock certificate to reference restrictions applicable to the Stock. In addition to the terms and conditions provided herein, the Administrator may require that an individual make such reasonable covenants,
agreements, and representations as the Administrator, in its discretion, deems necessary or advisable in order to comply with any such laws, regulations or requirements. The Administrator shall have the right to require any individual to comply with
any timing or other restrictions with respect to the settlement or exercise of any Award, including a window-period limitation, as may be imposed in the discretion of the Administrator. 

(c) Shareholder Rights. Until shares of Stock are deemed delivered in accordance with Section 16(b), no right to vote or
receive dividends or any other rights of a shareholder will exist with respect to shares of Stock to be issued in connection with an Award, notwithstanding the exercise of a Stock Option or any other action by the grantee with respect to an Award.

 (d) Other Compensation Arrangements; Employment and Other Rights. 

(i) Nothing contained in this Plan shall prevent the Board from adopting other or additional compensation arrangements, including trusts,
and such arrangements may be either generally applicable or applicable only in specific cases. 
 (ii) Neither the Plan nor any
Option shall confer upon any grantee any right with respect to continuing the grantee’s employment relationship with any member of the Group, nor shall they interfere in any way with the grantee’s right or the right of any member of the
Group to terminate such employment relationship at any time, with or without cause. 
 (iii) The Plan shall not form part of any
contract of employment between any member of the Group and any employee. Any benefit to an employee under the Plan shall not form part of his or her remuneration or count as remuneration for pension fund or other purposes. Subject to
Section 13, it shall be a condition of the Plan that, in the event of the termination of a grantee’s status as an employee (for whatever reason), he or she shall not be entitled to any compensation whatsoever by reason of any alteration or
termination, thereon, of his or her rights or expectations under the Plan. 
 (e) No person shall be entitled as of right to
participate in the Plan and the decision as to who shall have the opportunity to participate and the time and extent of such participation will, subject to the rules of the Plan, be made by the Administrator in its absolute discretion. 

(f) Trading Policy Restrictions. Option exercises and other Awards under the Plan shall be subject to the Company’s insider
trading policies and procedures, as in effect from time to time. 
 (g) Forfeiture of Awards under Sarbanes-Oxley Act. If
the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under securities laws, any grantee who

  
 15 

 
is one of the individuals subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002 shall reimburse the Company for the amount of any Award received by such
individual under the Plan during the 12-month period following the first public issuance or filing with the United States Securities and Exchange Commission, as the case may be, of the financial document embodying such financial reporting
requirement. 
 (h) Ranking. Any shares of Stock allotted pursuant to the Plan shall rank pari passu in all respects with
the ordinary shares in the capital of the Company in issue at the date of exercise of such Option and shall participate in all dividends or other distributions which may be declared, made or paid by reference to a record date after such date, but
not before. 
 (i) Renunciation . A grantee may at any time renounce an Award by serving notice on the Company of his or
her intention to so renounce. The renunciation shall be effective from the date of receipt of such notice by the Company, upon which date the grantee’s Awards to which such notice relates shall be deemed to have lapsed and any shares of Stock
covered by such Awards shall revert to the Plan. 
 (j) Brokerage Account. At the Company’s election, the delivery
of any shares of Stock to be issued under the Plan may occur through a transfer agent or brokerage account established for this purpose (including an account with Depository Trust Company) and the Company may require as a condition to participation
in the Plan that each grantee establish an account with a brokerage firm selected by the Company. 
 (k) Restrictions on
Exercise. The Administrator may, in its discretion, require as conditions to the exercise of any Option or vesting of any Award that any shares due to be delivered upon the exercise of such Option or vesting of such Award shall have been duly
listed, upon official notice of issuance, upon a stock exchange or market, and that a registration statement under the Securities Act of 1933, as amended, with respect to the relevant shares shall be effective. 

(l) Execution. The Administrator shall be entitled to authorise any person to execute on behalf of a grantee, at the request of
the grantee, any document relating to the Plan insofar as such document is required to be executed pursuant hereto. 
 (m)
Legal Compliance. Shares shall not be issued pursuant to the exercise of an Option or otherwise under the Plan unless the exercise of such Option and the issuance and delivery of such shares shall comply with all applicable laws and the
inability of the Company to obtain authority from any regulatory body or other third party having jurisdiction, which authority is deemed by the Company’s legal counsel to be necessary to the lawful issuance and delivery of any shares under the
Plan, 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. 
 (n) Grants Exceeding Approved Number of Shares. If the shares covered by an Option result in the number of shares which may be issued under the Plan being exceeded, such Option shall be
void with respect to such excess shares and the Company shall have no liability therefor. 

  
 16 

 SECTION 17. EFFECTIVE DATE OF PLAN 

This Plan shall become effective upon shareholder approval in accordance with applicable law, applicable stock exchange rules or pursuant
to written consent. No grants of Stock Options and other Awards may be made hereunder after the seventh anniversary of the Effective Date. 
 SECTION 18. GOVERNING LAW 
 This Plan and all Awards and actions taken
thereunder shall be governed by, and construed in accordance with, the laws of Ireland, applied without regard to conflict of law principles. 

  
 17 

 AMENDMENT NO. 1 

TO 
 2011
STOCK OPTION AND GRANT PLAN 
 The FleetMatics Group Limited 2011 Stock Option and Incentive Plan, (the
“Plan”), is hereby amended by the Board of Directors and stockholders of FleetMatics Group Limited, an Irish private company, as follows: 
 Section 3(a) of the Plan is hereby amended by deleting Section 3(a) and substituting therefor the following: 
 “Stock Issuable. The maximum number of shares of Stock reserved and available for issuance under the Plan shall be the sum of (i) 1,166,667 shares and (ii) the number of shares under the
Company’s Amended and Restated 2004 Share Option Plan which are not needed to fulfill the Company’s obligations for awards as a result of forfeiture, expiration, cancellation, termination or net issuances of awards thereunder, subject to
adjustment as provided in this Section 3. For the purposes of this limitation, the shares of Stock underlying any Awards that are forfeited, canceled, held back upon exercise of an Option or settlement of an Award to cover the exercise price or
tax withholding, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for issuance under the Plan. Subject to such overall limitations, shares of Stock may be
issued up to such maximum number pursuant to any type or types of Award; provided, however, that Stock Options with respect to no more 1,000,000 shares of Stock may be granted to any one individual grantee during any one calendar year period and no
more than 500,000 shares of the Stock may be issued in the form of Incentive Stock Options. The shares available for issuance under the Plan may be authorized but unissued shares of Stock” 

 

			
	 ADOPTED BY BOARD OF DIRECTORS:
  

ADOPTED BY STOCKHOLDERS:
	  	 May 9, 2012
  

May 9, 2012

 AMENDMENT NO. 2 

TO 
 2011
STOCK OPTION AND INCENTIVE PLAN 
 A. The FleetMatics 2011 Stock Option and Incentive Plan, (the “Plan”),
is hereby amended by the Board of Directors and stockholders of FleetMatics Group plc, an Irish public limited company, as follows: 
 1. Section 1 of the Plan is hereby amended by deleting the first paragraph of Section 1 and substituting the following: 

“The name of the plan is the FleetMatics 2011 Stock Option and Incentive Plan (the “Plan”). The purpose of
the Plan is to encourage and enable the officers, employees and Non-Employee Directors of FleetMatics Group plc (the “Company”) and its Subsidiaries, upon whose judgment, initiative and efforts the Company largely depends for the
successful conduct of its business, to acquire a proprietary interest in the Company as this will (i) assist in attracting and retaining the best available personnel for positions of substantial responsibility; (ii) provide additional incentive to
those persons; and (iii) promote the success of the business of the Group.” 
 2. Section 3(a) of the Plan is hereby amended
by deleting Section 3(a) and substituting therefor the following: 
 “Stock Issuable. The maximum
number of shares of Stock reserved and available for issuance under the Plan shall be the sum of (i) 1,633,334 shares and (ii) the number of shares under the Company’s Amended and Restated 2004 Share Option Plan which are not needed to fulfill
the Company’s obligations for awards as a result of forfeiture, expiration, cancellation, termination or net issuances of awards thereunder, subject to adjustment as provided in this Section 3. For the purposes of this limitation, the
shares of Stock underlying any Awards that are forfeited, canceled, held back upon exercise of an Option or settlement of an Award to cover the exercise price or tax withholding, satisfied without the issuance of Stock or otherwise terminated (other
than by exercise) shall be added back to the shares of Stock available for issuance under the Plan. Subject to such overall limitations, shares of Stock may be issued up to such maximum number pursuant to any type or types of Award; provided,
however, that Stock Options with respect to no more 666,667 shares of Stock may be granted to any one individual grantee during any one calendar year period and no more than 333,333 shares of the Stock may be issued in the form of Incentive Stock
Options. The shares available for issuance under the Plan may be authorized but unissued shares of Stock.” 
 3. Section
8(d) of the Plan is hereby amended by deleting Section 8(d) and substituting therefor the following: 

“Maximum Award Payable. The maximum Performance-Based Award payable to any one Covered Employee under the Plan
for a Performance Cycle is 333,333 shares of Stock (subject to adjustment as provided in Section 3(b) hereof) or US$5,000,000 in the case of a Performance-Based Award that is a Cash-Based Award.” 

 

			
	ADOPTED BY BOARD OF DIRECTORS:	  	 September 18, 2012

		
	ADOPTED BY STOCKHOLDERS:	  	 September 18, 2012

 Performance Vesting 
 INCENTIVE STOCK OPTION AGREEMENT 
 UNDER THE FLEETMATICS 

2011 STOCK OPTION AND INCENTIVE PLAN 
  

							
		
	 Name of Optionee:
	  	  

				
	 No. of Option Shares:
	  	  
	  		  	
				
	 Option Exercise Price per Share:
	  	 $
	  		  	
		  	[FMV on Grant Date but not less than Euro 0.01 or such greater amount as is equivalent to thenominal value of the Ordinary Shares comprised in the share capital of
the Company (110% of FMV if a 10% owner)]
				
	 Grant Date:
	  	  
	  		  	
				
	 Expiration Date:
	  	  
	  		  	
		  	[up to 7 years from Grant Date (5 if a 10% owner)]

 Pursuant to the FleetMatics 2011 Stock Option and Incentive Plan as amended through the date hereof (the
“Plan”), FleetMatics Group Ltd. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to subscribe on or prior to the Expiration Date specified above for all or part of the number of
Ordinary Shares of the Company (the “Stock”), specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. 

1. Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable.
Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number
of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: 
  

					
	 Incremental Number of
Option Shares Exercisable*
	  	Percentage	 	Exercisability Date
	Up to __________ shares subject to achievement of performance milestones described in Attachment A	  	Up to 100%	 	[Insert date]

 * Max. of $100,000 per yr. 

The Compensation Committee shall determine, no later than the Exercisability Date set forth above, the extent to which the performance
milestones have been met and the number of Option Shares that become exercisable on the Exercisability Date. In making such 

 
determination, the Compensation Committee shall have the discretion to exclude sales transactions that do not meet minimum profitability thresholds. Any Option Shares that do not become
exercisable because of the failure to achieve performance milestones shall be forfeited and be null and void on the Exercisability Date unless the Compensation Committee takes action to accelerate exercisability before such date. 

Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the
Expiration Date, subject to the provisions hereof and of the Plan. 
 2.     Manner of Exercise.

 (a) The Optionee may exercise this Stock Option only in the following manner: from time to time on or prior to the Expiration
Date of this Stock Option, the Optionee may give written notice to the Administrator of his or her election to subscribe for some or all of the Option Shares capable of being subscribed for at the time of such notice. This notice shall specify the
number of Option Shares to be subscribed. 
 Payment of the subscription price for the Option Shares may be made by one or more
of the following methods: (i) in cash, by certified or bank check or other instrument acceptable to the Administrator; (ii) by the Optionee delivering to the Company a properly executed exercise notice together with irrevocable
instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Company to pay the option subscription price, provided that in the event the Optionee chooses to pay the subscription price as so provided, the
Optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure; or (iii) a combination of (i) and
(ii) above. Payment instruments will be received subject to collection. 
 The registration of the nominee of the
Depository Trust Company in accordance with 2(b) below in the register of members of the Company as registered holder of the Option Shares will be contingent upon (i) the Company’s receipt from the Optionee of the full subscription price
for the Option Shares, as set forth above, (ii) the fulfillment of any other requirements contained herein or in the Plan or in any other agreement or provision of laws, and (iii) the receipt by the Company of any agreement, statement or
other evidence that the Company may require to satisfy itself that the issuance of Stock to be subscribed for pursuant to the exercise of Stock Options under the Plan and any subsequent resale of the shares of Stock will be in compliance with
applicable laws and regulations. 
 (b) The shares of Stock subscribed for upon exercise of this Stock Option shall be issued to
the nominee of the Depository Trust Company to be held for the benefit of the Optionee upon compliance to the satisfaction of the Administrator with all requirements under applicable laws or regulations in connection with such issue and with the
requirements hereof and of the Plan. The determination of the Administrator as to such compliance shall be final and binding on the Optionee. The Optionee shall not be deemed to be the holder of, or to have any of the rights of a holder with respect
to, any shares of Stock subject to this Stock Option unless and until this Stock Option shall have been exercised pursuant to the terms hereof, the Company shall 

  
 2 

 
have issued the shares to the nominee of the Depository Trust Company to be held for the benefit of the Optionee, and the nominee of the Depository Trust Company shall have been entered as the
registered holder of the shares or Stock in the register of members of the Company. Thereupon, the Optionee shall, through the Depository Trust Company, have the benefit of the full voting, dividend and other ownership rights with respect to such
shares of Stock. 
 (c) The minimum number of shares with respect to which this Stock Option may be exercised at any one time
shall be 100 shares, unless the number of shares with respect to which this Stock Option is being exercised is the total number of shares subject to exercise under this Stock Option at the time. 

(d) Notwithstanding any other provision hereof or of the Plan, no portion of this Stock Option shall be exercisable after the Expiration
Date hereof. 
 3.     Termination of Employment. The Option is granted in recognition of the
Optionee’s employment with [Employer Name]. If the Optionee’s employment by the Company or a Subsidiary (as defined in the Plan) is terminated, the period within which to exercise the Stock Option may be subject to earlier
termination as set forth below. 
 (a) Termination Due to Death. If the Optionee’s employment terminates by reason of
the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of twelve
(12) months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect. 

(b) Termination Due to Disability. If the Optionee’s employment terminates by reason of the Optionee’s disability (as
determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such disability, may thereafter be exercised by the Optionee for a period of twelve (12) months from the date
of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect. 

(c) Termination for Cause. If the Optionee’s employment terminates for Cause, any portion of this Stock Option outstanding on
such date shall terminate immediately and be of no further force and effect. For purposes hereof, “Cause” shall mean, unless otherwise provided in an employment agreement between the Company and the Optionee, a determination by the
Administrator that the Optionee shall be dismissed as a result of (i) any material breach by the Optionee of any agreement between the Optionee and the Company; (ii) the conviction of, indictment for or plea of nolo contendere or
equivalent by the Optionee to a felony or a crime involving moral turpitude; or (iii) any material misconduct or willful and deliberate non-performance (other than by reason of disability) by the Optionee of the Optionee’s duties to the
Company. 
 (d) Other Termination. If the Optionee’s employment terminates for any reason other than the
Optionee’s death, the Optionee’s disability, or Cause, and unless otherwise 

  
 3 

 
determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three
(3) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. 

The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on
the Optionee and his or her representatives or legatees. 
 4.     Incorporation of Plan.
Notwithstanding anything herein to the contrary, this Stock Option shall be subject to and governed by all the terms and conditions of the Plan, including the powers of the Administrator set forth in Section 2(b) of the Plan. Capitalized terms
in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein. 

5.     Transferability. This Agreement is personal to the Optionee, is non-assignable and is not transferable
in any manner, by operation of law or otherwise, other than by will or the laws of descent and distribution. This Stock Option is exercisable, during the Optionee’s lifetime, only by the Optionee, and thereafter, only by the Optionee’s
legal representative or legatee. 
 6.     Status of the Stock Option. This Stock Option is intended
to qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), but the Company does not represent or warrant that this Stock Option qualifies as such. The Optionee
should consult with his or her own tax advisors regarding the tax effects of this Stock Option and the requirements necessary to obtain favorable income tax treatment under Section 422 of the Code, including, but not limited to, holding period
requirements. To the extent any portion of this Stock Option does not so qualify as an “incentive stock option,” such portion shall be deemed to be a non-qualified stock option. If the Optionee intends to dispose or does dispose (whether
by sale, gift, transfer or otherwise) of any Option Shares within the one-year period beginning on the date after the transfer of such shares to him or her, or within the two-year period beginning on the day after the grant of this Stock Option, he
or she will so notify the Company within 30 days after such disposition. 
 7.     Tax Withholding.
The Optionee shall, not later than the date as of which the exercise of this Stock Option becomes a taxable event for Federal income tax purposes, or for the purposes of any income tax or social insurance in any jurisdiction in which the Optionee is
liable to tax, pay to the Company or make arrangements satisfactory to the Administrator for payment of any Federal, state, and local taxes required by law to be withheld on account of such taxable event. The Company shall have the authority to
cause the minimum required tax withholding obligation to be satisfied, in whole or in part, by withholding from shares of Stock to be issued to the Optionee a number of shares of Stock with an aggregate Fair Market Value that would satisfy the
minimum withholding amount due. 
 8.     No Obligation to Continue Employment. Neither the Company
nor any Subsidiary is obligated by or as a result of the Plan or this Agreement to continue the Optionee in 

  
 4 

 
employment and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to terminate the employment of the Optionee at any time. 

  9.     Integration. This Agreement constitutes the entire agreement between the parties with
respect to this Stock Option and supersedes all prior agreements and discussions between the parties concerning such subject matter. 
 10.     Notices. Notices hereunder shall be mailed or delivered to the Company at its principal place of business and shall be mailed or delivered to the Optionee at the address
on file with the Company or, in either case, at such other address as one party may subsequently furnish to the other party in writing. 
  

			
	FLEETMATICS GROUP LTD.
		
	By:	 	 
		 	Title:

 The foregoing Agreement is hereby accepted and the terms and conditions thereof hereby agreed to by the
undersigned. 
  

									
				
	Dated:	 	 	 		 	 
		 		 		 	Optionee’s Signature

  

									
				
		 		 		 	Optionee’s name and address:
				
		 		 		 	 
				
		 		 		 	 
				
		 		 		 	 

  
 5 

 NON-QUALIFIED STOCK OPTION AGREEMENT 

FOR COMPANY EMPLOYEES 
 UNDER THE FLEETMATICS 
 2011 STOCK OPTION AND INCENTIVE PLAN

  

							
		
	 Name of Optionee:
	  	  

				
	 No. of Option Shares:
	  	  
	  		  	
				
	 Option Exercise Price per Share:
	  	 $
	  		  	
		  	[FMV on Grant Date but not less than Euro 0.01 or such greater amount as is equivalent to thenominal value of the Ordinary Shares comprised in the share capital of
the Company]
				
	 Grant Date:
	  	  
	  		  	
				
	 Expiration Date:
	  	  
	  		  	
		  	[up to 7 years from Grant Date]

 Pursuant to the FleetMatics 2011 Stock Option and Incentive Plan as amended through the date hereof (the
“Plan”), FleetMatics Group Ltd. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to subscribe on or prior to the Expiration Date specified above for all or part of the number of
shares of Ordinary Shares of the Company (the “Stock”) specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an
“incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended. 
 1.
Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the
Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as Optionee remains an employee of the Company or a Subsidiary on
such dates: 
  

			
	 Incremental Number of
Option Shares Exercisable
	  	 Exercisability Date

		
	 _____________ (___%)
	  	
		  	  

		
	 _____________ (___%)
	  	
		  	  

		
	 _____________ (___%)
	  	
		  	  

		
	 _____________ (___%)
	  	
		  	  

		
	 _____________ (___%)
	  	
		  	  

 Once exercisable, this Stock Option shall continue to be exercisable at any time or times
prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan. 

2.    Manner of Exercise. 
 (a) The Optionee may exercise this Stock Option only in the following manner: from time to time on or prior to the Expiration Date of this Stock Option, the Optionee may give written notice to the
Administrator of his or her election to subscribe for some or all of the Option Shares capable of being subscribed for at the time of such notice. This notice shall specify the number of Option Shares to be subscribed. 

Payment of the subscription price for the Option Shares may be made by one or more of the following methods: (i) in cash, by
certified or bank check or other instrument acceptable to the Administrator; (ii) by the Optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the
Company cash or a check payable and acceptable to the Company to pay the option subscription price, provided that in the event the Optionee chooses to pay the subscription price as so provided, the Optionee and the broker shall comply with such
procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure; (iii) by any “net exercise” arrangement acceptable to the Administrator
pursuant to which the Company will withhold a number of the shares of Stock which are issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise price and the Optionee will pay
in cash, by certified or bank check or other instrument acceptable to the Administrator, an amount equal to the nominal value of the number of the shares of Stock which to be issued to the Optionee after the relevant withholding; or (iv) a
combination of (i), (ii) and (iii) above. Payment instruments will be received subject to collection. 
 The
registration of the nominee of the Depository Trust Company in accordance with 2(b) below in the register of members of the Company as registered holder of the Option Shares will be contingent upon (i) the Company’s receipt from the
Optionee of the full subscription price for the Option Shares, as set forth above, (ii) the fulfillment of any other requirements contained herein or in the Plan or in any other agreement or provision of laws, and (iii) the receipt by the
Company of any agreement, statement or other evidence that the Company may require to satisfy itself that the issuance of Stock to be subscribed for pursuant to the exercise of Stock Options under the Plan and any subsequent resale of the shares of
Stock will be in compliance with applicable laws and regulations. 
 (b) The shares of Stock subscribed for upon exercise of this
Stock Option shall be issued to a nominee of the Depository Trust Company to be held for the benefit of the Optionee upon compliance to the satisfaction of the Administrator with all requirements under applicable laws or regulations in connection
with such issue and with the requirements hereof and of the Plan. The determination of the Administrator as to such compliance shall be final and binding on the Optionee. The Optionee shall not be deemed to be the holder of, or to have any of the
rights of a holder with respect to, any shares of Stock subject to this Stock Option unless and until this Stock Option shall have been exercised pursuant to the terms hereof, the Company shall

  
 2 

 
have issued the shares to the nominee of the Depository Trust Company to be held for the benefit of the Optionee, and the nominee of the Depository Trust Company shall have been entered as the
registered holder of the shares or Stock in the register of members of the Company. Thereupon, the Optionee shall, through the Depository Trust Company, have the benefit of the full voting, dividend and other ownership rights with respect to such
shares of Stock. 
 (c) The minimum number of shares with respect to which this Stock Option may be exercised at any one time
shall be 100 shares, unless the number of shares with respect to which this Stock Option is being exercised is the total number of shares subject to exercise under this Stock Option at the time. 

(d) Notwithstanding any other provision hereof or of the Plan, no portion of this Stock Option shall be exercisable after the Expiration Date hereof.

 3.    Termination of Employment. The Option is granted in recognition of the Optionee’s
employment with [Employer Name]. If the Optionee’s employment by the Company or a Subsidiary (as defined in the Plan) is terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth
below. 
 (a) Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s
death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of twelve (12) months from the
date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect. 

(b) Termination Due to Disability. If the Optionee’s employment terminates by reason of the Optionee’s disability (as
determined by the Administrator), any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of such disability, may thereafter be exercised by the Optionee for a period of twelve (12) months from the date
of disability or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of disability shall terminate immediately and be of no further force or effect. 

(c) Termination for Cause. If the Optionee’s employment terminates for Cause, any portion of this Stock Option outstanding on
such date shall terminate immediately and be of no further force and effect. For purposes hereof, “Cause” shall mean, unless otherwise provided in an employment agreement between the Company and the Optionee, a determination by the
Administrator that the Optionee shall be dismissed as a result of (i) any material breach by the Optionee of any agreement between the Optionee and the Company; (ii) the conviction of, indictment for or plea of nolo contendere or
equivalent by the Optionee to a felony or a crime involving moral turpitude; or (iii) any material misconduct or willful and deliberate non-performance (other than by reason of disability) by the Optionee of the Optionee’s duties to the
Company. 
 (d) Other Termination. If the Optionee’s employment terminates for any reason other than the
Optionee’s death, the Optionee’s disability or Cause, and unless otherwise 

  
 3 

 
determined by the Administrator, any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three
(3) months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of termination shall terminate immediately and be of no further force or effect. 

The Administrator’s determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on
the Optionee and his or her representatives or legatees. 
 4.    Incorporation of Plan.
Notwithstanding anything herein to the contrary, this Stock Option shall be subject to and governed by all the terms and conditions of the Plan, including the powers of the Administrator set forth in Section 2(b) of the Plan. Capitalized terms
in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein. 

5.    Transferability. This Agreement is personal to the Optionee, is non-assignable and is not transferable
in any manner, by operation of law or otherwise, other than by will or the laws of descent and distribution. This Stock Option is exercisable, during the Optionee’s lifetime, only by the Optionee, and thereafter, only by the Optionee’s
legal representative or legatee. 
 6.    Tax Withholding. The Optionee shall, not later than the
date as of which the exercise of this Stock Option becomes a taxable event for Federal income tax purposes, or for the purpose of any income tax or social insurance in any jurisdiction in which the Optionee is liable to tax, pay to the Company or
make arrangements satisfactory to the Administrator for payment of any Federal, state, and local taxes required by law to be withheld on account of such taxable event. The Company shall have the authority to cause the minimum required tax
withholding obligation to be satisfied, in whole or in part, by withholding from shares of Stock to be issued to the Optionee a number of shares of Stock with an aggregate Fair Market Value that would satisfy the minimum withholding amount due.

 7.    No Obligation to Continue Employment. Neither the Company nor any Subsidiary is obligated by
or as a result of the Plan or this Agreement to continue the Optionee in employment and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to terminate the employment of the Optionee at any
time. 
 8.    Integration. This Agreement constitutes the entire agreement between the parties with
respect to this Stock Option and supersedes all prior agreements and discussions between the parties concerning such subject matter. 

  
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 9.    Notices. Notices hereunder shall be mailed or delivered to
the Company at its principal place of business and shall be mailed or delivered to the Optionee at the address on file with the Company or, in either case, at such other address as one party may subsequently furnish to the other party in writing.

  
  

			
	FLEETMATICS GROUP LTD.
		
	By:	 	 
		 	Title:

 The foregoing Agreement is hereby accepted and the terms and conditions thereof hereby agreed to by the
undersigned. 
  

									
				
	Dated:	 	 	 		 	 
		 		 		 	Optionee’s Signature

  

									
				
		 		 		 	Optionee’s name and address:
				
		 		 		 	 
				
		 		 		 	 
				
		 		 		 	 

  
 5

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