Document:

J L. VERAR CPA

 

Engagement Agreement

 

With

 

 

 

 

 

 

 

August 1st 2018

 

 

    	 	1	 

    	 

    

 

Mr. Mosses Campbell Santos

CEO

Mary Janes Vape and Smoke Shop Inc

302 W Victory Dr. Unit F

Savannah, GA 31405

Mr. Campbell

 

The purpose of this letter agreement (this
“Agreement”) is to establish the terms and conditions pursuant to which JL Verar, CPA (“we,” “us”
or “JVerar”) will provide Mary Janes Vape and Smoke Shop Inc. (“you” or the “Company”) with
the Services (as defined below).

 

		1.	The Services

JVerar will provide you with the services of
a CFO as specified in Exhibit A attached hereto (the “Services”) at your request. Any additional services that you
request we perform for you that are not specifically within the definition of Services, and that we agree to provide, will be the
subject of a separate engagement agreement.

 

		2.	Billing and Payment

Our professional fee for the service will be billed at first week
of each month.

		·	Monthly fee of $1,500 billed in advance with our ACH direct debit
processing from date of this engagement until such time the company are able to secure funding of $500,000 or more. There after
the monthly fee will be at $3,000 per month.

		·	Annually 150,000 shares of stock granted at the date this agreement
is signed and approved. The following year stocks will be granted and issued upon renewal of this agreement. 

		·	Any out-of- pocket fees billed as incurred.

		·	Any other services requested like Stock Option valuation, Convertible
notes and derivative instruments valuation will be billed on an hourly basis of $175 per hour or $1,500 per instrument. Both parties
must agree prior to commencing of services requested. 

		·	Bookkeeping and back office support will be billed under a separate
engagement letter.

 

We reserve the right to charge you interest
at the rate of one percent (1%) per month for any unpaid portion of any invoice that is more than 10 days past due unless you are
disputing such unpaid portion in good faith and in strict compliance with the procedure set forth herein. If you disagree with
any portion of an invoice, you must notify JVERAR in writing within ten days of your receipt of such invoice of the following:
(i) that such dispute exists, (ii) the basis for such dispute in reasonable detail and (iii) the specific dollar amount of such
dispute. In addition, the dispute notice must be accompanied by full payment of the undisputed portion of the invoice. You must
then exercise due diligence and good faith to resolve the dispute within 30 days of the date of the dispute notice. Failure to
strictly comply with the foregoing shall constitute a waiver by you of your right to contest such invoice and shall constitute
your irrevocable agreement that the amount specified in such invoice is a valid obligation due and owing as specified herein and
in the invoice.

 

    	 	2	 

    	 

    

 

We reserve the right to suspend providing the
Services, withhold delivery of any client deliverables and/or withdraw from this engagement entirely and terminate this Agreement
if any of our invoices are delinquent. In the event that any collection action is required to collect unpaid balances due to us,
you agree to reimburse JVERAR or all its costs of collection, including without limitation, its attorneys’ fees and expenses.

 

		3.	Term and Termination

We expect to provide CFO consulting services immediately upon signed
approval of this letter and payment for the 1st month is received. As a courtesy. Our services will be for a term of
1 year and renewable upon mutual consent.

 

This Agreement will remain in full force and
effect until either party elects to terminate this Agreement as provided below. You have the right to terminate this Agreement
at any time and for any reason by providing not less than 30 days’ written notice to JVERAR Likewise, JVERAR has the right
to terminate this Agreement at any time and for any reason by providing not less than 30 days’ written notice to you; provided,
however, that JVERAR shall have the right to terminate this Agreement effective immediately on written notice to you for nonpayment
of any past due invoice or any refusal by you to replenish the retainer.

 

If this Agreement is terminated as specified
above by either party, JVERAR’S engagement hereunder will be deemed to have been completed effective upon (i), in the case
of a termination by JVERAR for nonpayment or, your receipt of written notice of termination and (ii), in the case of any other
termination by either party, effective as of the date specified in the termination notice (but in compliance with the 30-day notice
requirement), even if JVERAR has not completed all of the client deliverables. You will be billed, and you agree to pay, for all
hours worked through the effective date of termination of this Agreement.

 

		4.	Limitation of Liability

EXCEPT FOR DAMAGES ARISING OUT OF A PARTY’S
BREACH OF THE NO-SOLICITATION COVEANT (AS SET FORTH BELOW), NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR INDIRECT, CONSEQUENTIAL,
SPECIAL OR ECONOMIC DAMAGES OF ANY TYPE, INCLUDING LOST PROFITS. NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR PUNITIVE DAMAGES.
IN NO EVENT SHALL JVERAR BE LIABLE TO THE COMPANY FOR DAMAGES IN EXCESS OF THE FEES ACTUALLY RECEIVED BY ALBECK UNDER THIS AGREEMENT.

		5.	Indemnification

Subject to the provisions of Section 4 above,
the Company shall defend, indemnify and hold harmless JVERAR and its officers, directors, owners, employees, contractors and agents
(collectively, the “JVERAR Indemnified Parties”) from and against any and all losses, causes of action, claims, allegations,
liabilities, costs, damages and expenses whatsoever (including, without limitation, reasonable attorneys' fees), regardless of
the form of action (collectively, “Claims”), suffered or incurred by the JVERAR Indemnified Parties with respect to
third party claims arising out of or in connection with JVERAR’S performance of the Services hereunder and/or its relationship with the Company pursuant to this
Agreement other than Claims arising solely out of a final, non-appealable finding of JVERAR’s gross negligence or
willful misconduct.

 

    	 	3	 

    	 

    

 

		6.	No-Solicitation Covenant

As long as this Agreement is in effect and
for a period of one (1) year thereafter, both parties agree not to, directly or indirectly, hire, solicit, nor attempt to hire
or solicit the services of any person who is, or at any time during the immediately preceding six months was, an employee, contractor
or subcontractor of the other party without the prior written consent of that party (the “No-Solicitation Covenant”).
The parties agree that each party shall have, in addition to all other remedies available to it at law or in equity, the right
to injunctive relief for any violation of the No-Solicitation Covenant by the other party without the need to demonstrate actual
damages and without the need to post a bond in excess of $1,000. In addition, the parties agree that the party breaching the No-Solicitation
Covenant shall be required to make a lump sum cash payment, as liquidated damages, to the non-breaching party equal to the annual
compensation of the solicited employee, contractor or subcontractor. In support of the foregoing liquidated damages provision,
the parties irrevocably acknowledge and agree that (i) the actual damages resulting from a breach of the No-Solicitation Covenant
cannot be readily ascertained by the parties at the time this Agreement is entered into and (ii) the liquidated damages amount
specified and agreed to by the parties herein is a reasonable estimate of such damages. The parties further agree that they will
not, and will be estopped from, asserting a contrary position in any proceeding or otherwise asserting that the liquidated damages
provision and/or the No-Solicitation Covenant is not enforceable under applicable law. Notwithstanding the foregoing, if a court
of competent jurisdiction nevertheless rules that the No-Solicitation Covenant and/or the liquidated damages provision is not enforceable
under applicable law, the parties hereby agree that the amount specified herein as liquidated damages shall be treated by the parties
as, and shall be deemed to be, a recruitment fee, finder’s fee or similar compensation that is due and owing to the other
party notwithstanding such finding.

 

		7.	Confidentiality

 

Both parties agree to keep all matters discussed
shall remain confidential. NO INFORMATION SHALL be divulge to any third party without a written consent by either party. This confidentiality
Agreement between Company and JVERAR, shall continue in force and shall, without limitation, govern JVERAR’s use and disclosure
of Company Proprietary Information, as defined therein.

 

    	 	4	 

    	 

    

		8.	Ownership

JVERAR
agrees that all copyrightable material (including derivative works), notes, records, drawings, designs, inventions, ideas, concepts,
know-how, improvements (including improvements to Confidential Information), developments, discoveries, trade secrets and other
intellectual property conceived, discovered, developed or reduced to practice by JVERAR on behalf of the Smoke Cartel  pursuant
to this Agreement, solely or in collaboration with others, whether or not patentable or registrable under copyright or other laws,
and whether or not reduced to writing, drawings, or other tangible form, as applicable, during the term of this Agreement that
relate in any manner to the business of Mary Jane that JVERAR may be directed to undertake, investigate or experiment with or that
JVERAR may become associated with in work, investigation or experimentation in Mary Jane’s line of business in performing
the Services under this Agreement (collectively, “Inventions”) are the sole property of the Mary Jane.  
JVERAR also agrees to assign (or cause to be assigned) and hereby assigns fully to Mary Jane all Inventions and any copyrights,
patents, mask work rights or other intellectual property rights relating to all Inventions.  

JVERAR
further acknowledges that all original works of authorship which are made by JVERAR (solely or jointly with others) within the
scope of and during the period of JVERAR 's relationship with the Company pursuant to this Agreement and which are protectable
by copyright are “works made for hire” as that term is defined in the United States Copyright Act.  

JVERAR
agrees to assist Mary Jane, or its designee, at the Mary Janel’s expense, in every proper way to secure the Company’s
rights in Inventions and any copyrights, patents, mask work rights or other intellectual property rights relating to all Inventions
in any and all countries, including the disclosure to the Company of all pertinent information and data with respect to all Inventions,
the execution of all applications, specifications, oaths, declarations, assignments and all other instruments that the Company
may deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors,
assigns and nominees the sole and exclusive right, title and interest in and to all Inventions, and any copyrights, patents, mask
work rights or other intellectual property rights relating to all Inventions.  JVERAR also agrees that JVERAR’s obligation
to execute or cause to be executed any such instrument or papers shall continue after the termination of this Agreement.

 

		9.	Conflicting Obligations

JVERAR
represents that it has no outstanding agreement or obligation that is in conflict with any of the provisions of this Agreement
or that would preclude JVERAR from complying with the provisions of this Agreement.  JVERAR will not enter into any such conflicting
agreement during the term of this Agreement.

 

 

		10.	Miscellaneous

 

Nothing in this Agreement shall in any way
be construed to constitute JVERAR as an agent, employee or representative of the Company.  Without limiting the generality
of the foregoing, JVERAR is not authorized to bind the Company
to any liability or obligation or to represent that JVERAR has any such authority. 

 

    	 	5	 

    	 

    

 

This Agreement shall be governed by and construed
in accordance with the laws of the State of Texas without regard to its conflict of laws principles. Any action or proceeding arising
out of or related in any way to this Agreement shall be brought only in a court of competent jurisdiction located in Harris County,
Texas. In furtherance of the foregoing, the parties each hereby submit to the personal jurisdiction of such courts and waive any
objections to such venue, including on the basis of forum non conveniens.

 

In the event that one or more of the provisions
of this Agreement shall for any reason be held to be illegal or unenforceable, this Agreement shall be revised only to the extent
necessary to make such provision(s) legal and enforceable.

 

This Agreement and the exhibits hereto constitute
the entire agreement of the parties regarding the subject matter hereof and there are no other written or oral understandings or
promises between the parties that affect, or shall be used in connection with, the interpretation of this Agreement. Without limiting
the generality of the foregoing, any estimate of the number of hours of Services to be provided hereunder and/or any estimate of
the cost of such Services and/or any forecast as to when a particular task will be completed that JVERAR provides to you, whether
before, on, or after the date of this Agreement, is being provided solely as a courtesy to you and shall not be binding in any
way against JVERAR.

 

This Agreement will not be more strongly construed
against either party regardless of who is deemed to have prepared this Agreement. This Agreement may not be amended in any way
except by a written agreement that acknowledges the intent of the parties to modify this Agreement and which is executed and delivered
by an authorized representative of each party.

 

The following provisions of this Agreement
shall survive any termination of this Agreement: Section 2, Section 4, Section 5, Section 6, and Section 7.

 

Entire Agreement

 

This engagement letter, including any attachments, encompasses the
entire agreement of the

parties and supersedes all previous understandings and agreements
between the parties, whether oral or written. Any modification to the terms of this engagement letter must be made in writing and
signed by both parties.

 

All notices sent by the parties in connection
with this Agreement shall be sent to the following addresses:

 

    	 	6	 

    	 

    

 

If to JVERAR:

 

Jorge Verar

JL Verar, CPA PLLC

10245 Kempwood Dr. Ste #194

Houston, Texas 77096, USA

 

Email: jverar@cpa.com

 

If to the Company:

 

Mosses Campbell Santos

302 W Victory Dr unit F

Savannah, GA 31405

 

We appreciate the opportunity to be of service to you. Please date
and sign the enclosed copy of this engagement letter and return it to us to acknowledge your agreement with its terms. It is our
policy to initiate services only after we receive the executed engagement letter.

 

 

 

  

 

[Signature Page Follows]

 

    	 	7	 

    	 

    

 

We thank you for selecting JVERAR for this
engagement and look forward to working with you.

 

 

Sincerely,

 

J L Verar, CPA pllc

 

 

 

By: /s/ Jorge L. Verar

Jorge L. Verar,
Managing Partner

 

 

 

 

This Agreement is hereby accepted and agreed
to on the date indicated below.

 

Accepted and Agreed to by:

 

Mary Janes Vape and Smoke Shop Inc.

 

 

By: /s/ Moses Campbell

Mosses Campbell, CEO

 

 

Date: 08/28/2018

 

    	 	8	 

    	 

    

 

EXHIBIT A

 

DEFINITION OF SERVICES

 

 

As used in this Agreement, the term “Services”
(to be performed on an ‘as requested’ basis) shall mean the following:

 

		1.	Provide monthly outsourced CFO services (month end close, preparation of reports for management,
manage controller and accounting staff and review their work, merge accounting of other locations into reporting package, advise
on strategic accounting matters as requested by management.)

		2.	Prepare the books for audit and coordinate the preparation and filings of these SEC 10-Q’s
and 10-K’s with the outside auditors, internal management and the transfer agent.

		3.	Analyze & evaluate accounting and other application software to enhance performance and proper
valuing of inventory and cost of goods sold; adjust inventory valuation and cost of goods value to reflect proper amounts

		4.	Work with the bookkeeper or controller and other support staff to enhance current workflow and
accounting procedure.

		5.	Any additional services that you request we perform for you that are not specifically within the
aforementioned definition of Services will be the subject of a separate engagement agreement.

Client Responsibilities

 

You authorize our firm to accept instructions by either the CEO
or COO, outside auditors and

other management team members for this engagement.

 

As a condition of our performing the services described above, you
agree to:

 

		·	make all management decisions and perform all management functions,
including determining account codings and approving all proposed journal entries;

		·	designate an individual to oversee ours services;

		·	evaluate the adequacy and results of the services performed;

		·	accept responsibility for the results of the bookkeeping services;
and

		·	establish and maintain internal controls over the bookkeeping process
and monitor ongoing activities.

 

You agree that you are ultimately responsible for the proper recording
of transactions in the records, the safekeeping of assets and the accuracy of your trial balance and financial statements.

 

You acknowledge that, while our firm will maintain the books and
records of the company utilizing accounting software installed on a cloud infrastructure, it is your responsibility to monitor all general ledger entries for proper recording and accuracy
through your access to the accounting software.

 

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We will perform the financial reporting services in accordance with
the AICPA Code of

Professional Conduct.

 

This engagement is limited to the financial reporting services outlined
above. Our firm, in its

sole professional judgment, reserves the right to refuse to take
any action that may be construed as making management decisions or performing management functions, including determining account
coding and approving journal entries. We will not perform management functions or make management decisions for you.

 

However, we may provide advice, research materials and recommendations
to assist your management in performing its function and making decisions within the scope of this engagement.

 

The above accounting and financial reporting services will be performed
based upon information you provide to us. We will perform our services under the assumption that all information you submit is
true, complete and accurate according to documents and other information retained in your files. We will not verify or audit this
information.

 

We will not perform an audit, review or compilation of your financial
statements, and no

accountant’s report will be prepared or submitted. If you
wish to engage our firm to perform

compilation services, we will confirm this arrangement in a separate
engagement letter and

delineate the additional charges for this service.

 

Our engagement does not include any procedures designed to
detect errors, fraud or theft. Therefore, our engagement cannot be relied upon to disclose such matters. In addition, we have
no responsibility to identify and communicate deficiencies or material weaknesses in your

internal control system as part of this engagement.

 

If you provide access to our firm to obtain copies of the
bank statements for read-only, we will use this information solely for the purpose of performing the review of bank
reconciliation. We will rely on the accuracy of the information provided in the statement and will not take any action to
verify this information.

 

We will not monitor transactions, investment activity, provide investment
advice or supervise the actions of individuals entering into transactions or investment activities on your behalf. We recommend
that you receive and review all statements promptly and carefully, and direct any questions regarding account activity to your
banker.

 

Electronic Data Communication and Storage and Use of Third Party
Administrative Services

 

In the interest of facilitating our services to you, we
may send data over the Internet, store electronic data via computer software applications hosted remotely on the
Internet, or allow access to data through third party vendors’ secured portals or clouds. Your confidential electronic
data may be transmitted or stored using these methods. We may use third party service providers to store or transmit this
data. In using these data communication and storage methods, our firm employs measures designed to maintain data
security. We use reasonable efforts to keep such communications and data access secure in accordance with our obligations
under applicable laws and professional standards. We require our third-party vendors to do the same.

 

You recognize and accept that we have no control over the
unauthorized interception or breach of any communications or data once it has been sent or has been subject to unauthorized
access, notwithstanding all reasonable security measures employed by us or our third-party vendors.

 

You consent to our use of these electronic devices and applications
and submission of confidential client information to third party service providers during this engagement.

 

    	 	10EX-10.1

 EXHIBIT 10.1 

1996 EQUITY PARTICIPATION PLAN 
 OF VIASAT, INC. 

(AS AMENDED AND RESTATED EFFECTIVE SEPTEMBER 6, 2018) 

 1996 EQUITY PARTICIPATION PLAN OF VIASAT, INC. 

(AS AMENDED AND RESTATED EFFECTIVE SEPTEMBER 6, 2018) 

Viasat, Inc., a Delaware corporation, adopted The 1996 Equity Participation Plan of Viasat, Inc. (the “Plan”), originally effective
October 24, 1996, for the benefit of its eligible employees, consultants and directors. The Plan consists of two plans, one for the benefit of key Employees (as such term is defined below) and consultants and one for the benefit of Independent
Directors (as such term is defined below). The following is an amendment and restatement of the Plan effective as of September 6, 2018 (the “Restatement Effective Date”), which is the date on which this amendment and restatement of
the Plan was approved by the stockholders of the Company. 
 The purposes of this Plan are as follows: 

(1) To provide an additional incentive for directors, key Employees and consultants to further the growth, development and financial success of
Viasat, Inc. (the “Company”) by personally benefiting through the ownership of Company stock and/or rights which recognize such growth, development and financial success. 

(2) To enable the Company to obtain and retain the services of directors, key Employees and consultants considered essential to the long range
success of the Company by offering them an opportunity to own stock in the Company and/or rights which will reflect the growth, development and financial success of the Company. 

ARTICLE I. DEFINITIONS 

1.1 General. Wherever the following terms are used in this Plan they shall have the meanings specified below, unless the context clearly
indicates otherwise. 
 1.2 Award Limit. “Award Limit” shall mean One Million (1,000,000) shares of Common Stock with
respect to Options or Stock Appreciation Rights granted under the Plan and Three Hundred Thousand (300,000) shares of Common Stock with respect to awards of Restricted Stock, Performance Awards, Dividend Equivalents, Restricted Stock Units, or
Stock Payments granted under the Plan; provided, however, that in connection with an individual’s initial service as an Employee, such limit will be Six Hundred Thousand (600,000) shares of Common Stock with respect to awards
of Restricted Stock, Performance Awards, Dividend Equivalents, Restricted Stock Units or Stock Payments granted under the Plan. The maximum aggregate amount of cash that may be paid to an individual in cash during any fiscal year of the Company with
respect to awards designated to be paid in cash shall be $5,000,000. 
 1.3 Board. “Board” shall mean the Board of
Directors of the Company. 
 1.4 Change in Control. “Change in Control” shall mean a change in ownership or control of the
Company effected through either of the following transactions: 
 (a) any person or related group of persons (other than
the Company or a person that directly or indirectly controls, is controlled by, or is under common control with, the Company) directly or indirectly acquires beneficial ownership (within the meaning of
Rule 13d-3 under the Exchange Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities pursuant to a tender or
exchange offer made directly to the Company’s stockholders which the Board does not recommend such stockholders to accept; or 
 (b) there is a change in the composition of the Board over a period of thirty-six (36) consecutive months (or less) such that a majority of the Board members (rounded up to the nearest
whole number) ceases, by reason of one or more proxy contests for the election of Board members, to be comprised of individuals who either (i) have been Board members continuously since the beginning of such period or (ii) have been
elected or nominated for election as Board members during such period by at least a majority of the Board members described in clause (i) who were still in office at the time such election or nomination was approved by the Board. 

1.5 Code. “Code” shall mean the U.S. Internal Revenue Code of 1986, as amended. 

1.6 Committee. “Committee” shall mean the Compensation Committee of the Board, or another committee of the Board, appointed as
provided in Section 9.1. 
 1.7 Common Stock. “Common Stock” shall mean the common stock of the Company, par value
$0.0001 per share, and any equity security of the Company issued or authorized to be issued in the future, but excluding any preferred stock and any 

  
 1 

 
warrants, options or other rights to purchase Common Stock. Debt securities of the Company convertible into Common Stock shall be deemed equity securities of the Company. 

1.8 Company. “Company” shall mean Viasat, Inc., a Delaware corporation. 

1.9 Corporate Transaction. “Corporate Transaction” shall mean any of the following stockholder-approved transactions to which the
Company is a party: 
 (a) a merger or consolidation in which the Company is not the surviving entity, except for a
transaction the principal purpose of which is to change the State in which the Company is incorporated, form a holding company or effect a similar reorganization as to form whereupon this Plan and all Options are assumed by the successor entity;

 (b) the sale, transfer, exchange or other disposition of all or substantially all of the assets of the Company, in
complete liquidation or dissolution of the Company in a transaction not covered by the exceptions to clause (a) above; or 
 (c) any reverse merger in which the Company is the surviving entity but in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities are
transferred or issued to a person or persons different from those who held such securities immediately prior to such merger. 
 1.10
Director. “Director” shall mean a member of the Board. 
 1.11 Dividend Equivalent. “Dividend Equivalent”
shall mean a right to receive the equivalent value (in cash or Common Stock) of dividends paid on Common Stock, awarded under Article VII of this Plan. 
 1.12 Employee. “Employee” shall mean any officer or other employee (as defined in accordance with Section 3401(c) of the Code) of the Company, or of any corporation which is a Subsidiary. 

1.13 Equity Restructuring. “Equity Restructuring” shall mean a nonreciprocal transaction between the Company and its stockholders,
such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of shares of Common Stock (or other securities
of the Company) or the share price of Common Stock (or other securities) and causes a change in the per share value of the Common Stock underlying outstanding awards. 

1.14 Exchange Act. “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as amended. 

1.15 Fair Market Value. “Fair Market Value” of a share of Common Stock as of a given date shall be (a) the closing price of a
share of Common Stock on the principal exchange on which shares of Common Stock are then trading or quoted, if any (or as reported on any composite index which includes such principal exchange), on such date, or if shares were not traded on such
date, then on the next following date on which a trade occurs; or (b) if Common Stock is not traded on an exchange but is quoted on an automated quotation system, the closing price of a share of Common Stock on such date as reported by such
quotation system; or (c) if Common Stock is not publicly traded on an exchange and not quoted on an automated quotation system, the Fair Market Value of a share of Common Stock as established by the Committee (or the Board, in the case of
awards granted to Independent Directors) acting in good faith. 
 1.16 Full Value Award. “Full Value Award” shall mean any
award other than an Option or a Stock Appreciation Right with a per share purchase price lower than one hundred percent (100%) of Fair Market Value on the date of grant and that is settled by the issuance of shares of Common Stock. 

1.17 Grantee. “Grantee” shall mean an Employee, Director or consultant granted a Performance Award, Dividend Equivalent, Stock
Payment or Stock Appreciation Right, or an award of Restricted Stock Units, under this Plan. 
 1.18 Incentive Stock Option.
“Incentive Stock Option” shall mean an option which conforms to the applicable provisions of Section 422 of the Code and which is designated as an Incentive Stock Option by the Committee. 

1.19 Independent Director. “Independent Director” shall mean a member of the Board who is not an Employee of the Company.

 1.20 Non-Qualified Stock Option.
“Non-Qualified Stock Option” shall mean an Option which is not designated as an Incentive Stock Option by the Committee. 

1.21 Option. “Option” shall mean a stock option granted under Article III of this Plan. An Option granted under this Plan
shall, as determined by the Committee, be either a Non-Qualified Stock Option or an Incentive Stock Option; provided, however, that Options granted to Independent Directors and consultants shall
be Non-Qualified Stock Options. 
 1.22 Optionee. “Optionee” shall mean an
Employee, Director or consultant granted an Option under this Plan. 
 1.23 Performance Award. “Performance Award” shall
mean a cash bonus, stock bonus or other performance or incentive award that is paid in cash, Common Stock or a combination of both, awarded under Article VII of this Plan. 

  
 2 

 1.24 Plan. “Plan” shall mean The 1996 Equity Participation Plan of Viasat, Inc.,
as amended and restated. 
 1.25 QDRO. “QDRO” shall mean a qualified domestic relations order as defined by the Code or
Title I of the Employee Retirement Income Security Act of 1974, as amended, or the rules thereunder. 
 1.26 Restricted Stock.
“Restricted Stock” shall mean Common Stock awarded under Article VI of this Plan. 
 1.27 Restricted Stock Unit.
“Restricted Stock Unit” shall mean a right to receive Common Stock awarded under Article VII of this Plan. 
 1.28
Restricted Stockholder. “Restricted Stockholder” shall mean an Employee, Director or consultant granted an award of Restricted Stock under Article VI of this Plan. 

1.29 Rule 16b-3.
“Rule 16b-3” shall mean that certain Rule 16b-3 under the Exchange Act, as such Rule may be amended from time to time. 

1.30 Stock Appreciation Right. “Stock Appreciation Right” shall mean a stock appreciation right granted under Article VIII of
this Plan. 
 1.31 Stock Payment. “Stock Payment” shall mean (a) a payment in the form of shares of Common Stock, or
(b) an option or other right to purchase shares of Common Stock, as part of a deferred compensation arrangement, made in lieu of all or any portion of the compensation, including without limitation, salary, bonuses and commissions, that would
otherwise become payable to a key Employee, Director or consultant in cash, awarded under Article VII of this Plan. 
 1.32
Subsidiary. “Subsidiary” shall mean any corporation in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain then owns stock possessing
fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 
 1.33 Termination of Consultancy. “Termination of Consultancy” shall mean the time when the engagement of an Optionee, Grantee or Restricted Stockholder as a consultant to the Company or a Subsidiary is terminated
for any reason, with or without cause, including, but not by way of limitation, by resignation, discharge, death or retirement; but excluding terminations where there is a simultaneous commencement of employment with the Company or any Subsidiary.
The Committee, in its absolute discretion, shall determine the effect of all matters and questions relating to Termination of Consultancy, including, but not by way of limitation, the question of whether a Termination of Consultancy resulted from a
discharge for good cause, and all questions of whether particular leaves of absence constitute Terminations of Consultancy. Notwithstanding any other provision of this Plan, the Company or any Subsidiary has an absolute and unrestricted right to
terminate a consultant’s service at any time for any reason whatsoever, with or without cause, except to the extent expressly provided otherwise in writing. 

1.34 Termination of Directorship. “Termination of Directorship” shall mean the time when an Optionee or Grantee who is an
Independent Director ceases to be a Director for any reason, including, but not by way of limitation, a termination by resignation, failure to be elected, death or retirement. The Board, in its sole and absolute discretion, shall determine the
effect of all matters and questions relating to Termination of Directorship with respect to Independent Directors. 
 1.35 Termination
of Employment. “Termination of Employment” shall mean the time when the employee-employer relationship between an Optionee, Grantee or Restricted Stockholder and the Company or any Subsidiary is terminated for any reason, with or
without cause, including, but not by way of limitation, a termination by resignation, discharge, death, disability or retirement; but excluding (i) terminations where there is a simultaneous reemployment or continuing employment of an Optionee,
Grantee or Restricted Stockholder by the Company or any Subsidiary, (ii) at the discretion of the Committee, terminations which result in a temporary severance of the employee-employer relationship, and (iii) terminations which are
followed by the simultaneous establishment of a consulting relationship by the Company or a Subsidiary with the former employee. The Committee, in its absolute discretion, shall determine the effect of all matters and questions relating to
Termination of Employment, including, but not by way of limitation, the question of whether a Termination of Employment resulted from a discharge for good cause, and all questions of whether particular leaves of absence constitute Terminations of
Employment. Notwithstanding any other provision of this Plan, the Company or any Subsidiary has an absolute and unrestricted right to terminate an Employee’s employment at any time for any reason whatsoever, with or without cause, except to the
extent expressly provided otherwise in writing. 
 ARTICLE II. SHARES SUBJECT TO PLAN 

2.1 Shares Subject to Plan. 
 (a) The shares of stock subject to Options, awards of Restricted Stock, Performance Awards, Dividend Equivalents, awards of Restricted Stock Units, Stock Payments or Stock Appreciation Rights shall be Common Stock, initially shares
of the Company’s Common Stock, par value $0.0001 per share. The aggregate number of such shares which may be 

  
 3 

 
issued upon exercise of such options or rights or upon any such awards under the Plan shall not exceed 31,850,000. The shares of Common Stock issuable upon exercise of such options or rights or
upon any such awards may be either previously authorized but unissued shares or treasury shares. 
 (b) Any shares subject
to Options or Stock Appreciation Rights shall be counted against the numerical limit of Section 2.1(a) as one share for every share subject thereto. Any shares subject to Full Value Awards granted during the period beginning on
September 22, 2010 and ending on September 19, 2012 will be counted against the numerical limit of Section 2.1(a) as 2.65 shares for every one share subject thereto. Any shares subject to Full Value Awards granted prior to
September 22, 2010 and subsequent to September 19, 2012 will be counted against the numerical limit of Section 2.1(a) as 2 shares for every one share subject thereto. To the extent that a share that was subject to a Full Value Award
is recycled back into the Plan under Section 2.2, the Plan will be credited with a number of shares corresponding to the reduction in the share reserve previously made with respect to such Full Value Award in accordance with this
Section 2.1(b). 
 (c) The maximum number of shares which may be subject to awards granted under the Plan to any
individual in any fiscal year, and the maximum aggregate amount of cash that may be paid in cash during any fiscal year with respect to awards designated to be paid in cash, shall not exceed the applicable Award Limit. 

2.2 Add-Back of Shares. If any award under this Plan expires or is canceled without having been fully
exercised or paid, or an award is settled in cash without the delivery of shares of Common Stock to the award holder, the number of shares subject to such award shall, to the extent of such expiration, cancellation or cash settlement, again be
available for future grants of awards and added back to the shares of Common Stock authorized for grant under Section 2.1(a) in an amount corresponding to the reduction in the share reserve previously made in accordance with Section 2.1(b)
above with respect to such award, subject to the limitations of Section 2.1. Furthermore, any shares subject to awards which are adjusted pursuant to Section 10.3 and become exercisable with respect to shares of stock of another
corporation shall be considered canceled and may again be optioned, granted or awarded hereunder, subject to the limitations of Section 2.1. Notwithstanding anything to the contrary contained herein, the following shares shall not be added back
to the shares of Common Stock authorized for grant under Section 2.1(a) and will not be available for future grants of awards: (i) shares of Common Stock tendered by an Optionee or withheld by the Company in payment of the exercise price
of an Option; (ii) shares of Common Stock tendered by an Optionee or Grantee or withheld by the Company to satisfy any tax withholding obligation with respect to an Option or a Stock Appreciation Right; (iii) shares of Common Stock subject
to a Stock Appreciation Right not issued in connection with the stock settlement of the Stock Appreciation Right on exercise thereof; and (iv) shares of Common Stock purchased on the open market with the cash proceeds from the exercise of
Options. Shares tendered by a Grantee or a Restricted Stockholder or withheld by the Company to satisfy any tax withholding obligation with respect to a Full Value Award shall be available for future grants of awards under the Plan in an amount
corresponding to the reduction in the share reserve previously made in accordance with Section 2.1(b) above; provided, however, that, notwithstanding the foregoing, in the event shares of Common Stock subject to a Full Value Award are tendered
by a Grantee or a Restricted Stockholder or withheld by the Company to satisfy any tax withholding obligation at a tax withholding rate in excess of the employer’s minimum statutory withholding rates for federal, state, local and foreign income
tax and payroll tax purposes, such shares of Common Stock tendered or withheld to satisfy the tax withholding at a rate in excess of the employer’s minimum statutory withholding obligation shall not be available for future grants of awards
under the Plan and shall continue to be counted against the share reserve in an amount corresponding to the reduction in the share reserve previously made in accordance with Section 2.1(b) above. Any shares of Common Stock forfeited by a
Grantee or a Restricted Stockholder or repurchased by the Company under Section 6.6 or Article VII will again be available for awards in an amount corresponding to the reduction in the share reserve previously made in accordance with
Section 2.1(b) above. The payment of Dividend Equivalents in cash in conjunction with any outstanding awards shall not be counted against the shares available for issuance under the Plan. Notwithstanding the provisions of this Section 2.2,
no shares of Common Stock may again be optioned, granted or awarded if such action would cause an Incentive Stock Option to fail to qualify as an incentive stock option under Section 422 of the Code. 

ARTICLE III. GRANTING OF OPTIONS 
 3.1 Eligibility. Any Employee or consultant selected by the Committee pursuant to Section 3.4(a)(i) shall be eligible to be granted an Option. Each Independent Director of the Company shall be eligible to be granted
Options at the times and in the manner set forth in Section 3.4(d). 
 3.2 Disqualification for Stock Ownership. No person may
be granted an Incentive Stock Option under this Plan if such person, at the time the Incentive Stock Option is granted, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company
or any then existing Subsidiary or parent corporation (within the meaning of Section 422 of the Code) unless such Incentive Stock Option conforms to the applicable provisions of Section 422 of the Code. 

  
 4 

 3.3 Qualification of Incentive Stock Options. No Incentive Stock Option shall be granted
to any person who is not an Employee. 
 3.4 Granting of Options. 

(a) The Committee shall from time to time, in its absolute discretion, and subject to applicable limitations of this Plan:

 (i) Determine which Employees are key Employees and select from among the key Employees or consultants (including
Employees or consultants who have previously received Options or other awards under this Plan) such of them as in its opinion should be granted Options; 

(ii) Subject to the Award Limit, determine the number of shares to be subject to such Options granted to the selected key Employees
or consultants; 
 (iii) Subject to Section 3.3, determine whether such Options are to be Incentive Stock Options or Non-Qualified Stock Options; and 
 (iv) Determine the terms and conditions of such
Options, consistent with this Plan. 
 (b) Upon the selection of a key Employee or consultant to be granted an Option, the
Committee shall instruct the Secretary of the Company to issue the Option and may impose such conditions on the grant of the Option as it deems appropriate. Without limiting the generality of the preceding sentence, the Committee may, in its
discretion and on such terms as it deems appropriate, require as a condition on the grant of an Option to an Employee or consultant that the Employee or consultant surrender for cancellation some or all of the unexercised Options, awards of
Restricted Stock or Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments or other rights which have been previously granted to him under this Plan or otherwise. An Option, the grant of which
is conditioned upon such surrender, may have an option price lower (or higher) than the exercise price of such surrendered Option or other award, may cover the same (or a lesser or greater) number of shares as such surrendered Option or other award,
may contain such other terms as the Committee deems appropriate, and shall be exercisable in accordance with its terms, without regard to the number of shares, price, exercise period or any other term or condition of such surrendered Option or other
award; provided, however, except as permitted under Section 10.3 of the Plan, no Option or Stock Appreciation Right shall, without stockholder approval, be (i) repriced, exchanged for an Option or Stock Appreciation Right with a
lower price or otherwise modified where the effect would be to reduce the exercise price of the Option or Stock Appreciation Right; or (ii) exchanged for cash or an alternate award under the Plan. 

(c) Any Incentive Stock Option granted under this Plan may be modified by the Committee to disqualify such option from treatment as
an “incentive stock option” under Section 422 of the Code. 
 (d) During the term of the Plan, each person
who is initially elected or appointed to the Board and who is an Independent Director at the time of such initial election or appointment shall automatically be granted an Option to purchase Nine Thousand (9,000) shares of Common Stock (subject
to adjustment as provided in Section 10.3) on the date of such initial election or appointment, which Option will vest in three equal installments on each of the first three anniversaries of the date of grant, subject to the Independent
Director’s continued service as a Director on each such vesting date. In addition, during the term of the Plan, each Independent Director shall automatically be granted an Option to purchase Five Thousand (5,000) shares of Common Stock
(subject to adjustment as provided in Section 10.3) on the date of each annual meeting of stockholders after his or her initial election or appointment to the Board at which directors are elected to the Board, which Option will vest on the
first anniversary of the date of grant, subject to the Independent Director’s continued service as a Director on such vesting date; provided, however, that a person who is initially elected to the Board at an annual meeting of
stockholders and who is an Independent Director at the time of such initial election shall receive only an initial Option grant on the date of such election pursuant to the preceding sentence and shall not receive an Option grant pursuant to this
sentence until the date of the next annual meeting of stockholders following such initial election. Members of the Board who are employees of the Company who subsequently retire from the Company and remain on the Board will not receive an initial
Option grant pursuant to the first sentence of this Section 3.4(d), but to the extent that they are otherwise eligible, will receive, after retirement from employment with the Company, Options as described in the second sentence of this
Section 3.4(d). 
 ARTICLE IV. TERMS OF OPTIONS 

4.1 Option Agreement. Each Option shall be evidenced by a written Stock Option Agreement, which shall be executed by the Optionee and an
authorized officer of the Company and which shall contain such terms and conditions as the Committee (or the Board, in the case of Options granted to Independent Directors) shall determine, consistent with this Plan. Stock Option Agreements
evidencing Incentive Stock Options shall contain such terms and conditions as may be necessary to meet the applicable provisions of Section 422 of the Code. 

  
 5 

 4.2 Option Price. The price per share of the shares subject to each Option shall be set by
the Committee; provided, however, that such price shall not be less than one hundred percent (100%) of the Fair Market Value of a share of Common Stock on the date the Option is granted and in the case of Incentive Stock Options granted to an
individual then owning (within the meaning of Section 424(d) of the Code) more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Subsidiary or parent corporation thereof (within the meaning
of Section 422 of the Code) such price shall not be less than one hundred ten percent (110%) of the Fair Market Value of a share of Common Stock on the date the Option is granted. 

4.3 Option Term. The term of an Option shall be set by the Committee in its discretion; provided, however, that no Option shall have a
term longer than six (6) years from the date the Option is granted and in the case of Incentive Stock Options granted to an individual then owning (within the meaning of Section 424(d) of the Code) more than ten percent (10%) of the total
combined voting power of all classes of stock of the Company or any Subsidiary or parent corporation thereof (within the meaning of Section 422 of the Code) the term may not exceed five (5) years from the date the Option is granted. Except
as limited by requirements of Section 422 of the Code and regulations and rulings thereunder applicable to Incentive Stock Options, the Committee may extend the term of any outstanding Option in connection with any Termination of Employment or
Termination of Consultancy of the Optionee, or amend any other term or condition of such Option relating to such a termination. 
 4.4
Option Vesting. 
 (a) The period during which the right to exercise an Option in whole or in part vests in the
Optionee shall be set by the Committee and the Committee may determine that an Option may not be exercised in whole or in part for a specified period after it is granted. At any time after grant of an Option, the Committee may, in its sole and
absolute discretion and subject to whatever terms and conditions it selects, accelerate the period during which an Option (except an Option granted to an Independent Director) vests. 

(b) No portion of an Option which is unexercisable at Termination of Employment, Termination of Directorship or Termination of
Consultancy, as applicable, shall thereafter become exercisable, except as may be otherwise provided by the Committee (or the Board, in the case of Options granted to Independent Directors) in the case of Options granted to Employees or consultants
either in the Stock Option Agreement or by action of the Committee (or the Board, in the case of Options granted to Independent Directors) following the grant of the Option. 

(c) To the extent that the aggregate Fair Market Value of stock with respect to which “incentive stock options” (within
the meaning of Section 422 of the Code, but without regard to Section 422(d) of the Code) are exercisable for the first time by an Optionee during any calendar year (under the Plan and all other incentive stock option plans of the Company
and any Subsidiary) exceeds $100,000, such Options shall be treated as Non-Qualified Options to the extent required by Section 422 of the Code. The rule set forth in the preceding sentence shall be
applied by taking Options into account in the order in which they were granted. For purposes of this Section 4.4(c), the Fair Market Value of stock shall be determined as of the time the Option with respect to such stock is granted. 

4.5 Consideration. In consideration of the granting of an Option, the Committee (or the Board, in the case of Options granted to Independent
Directors) may require the Optionee to agree, in the written Stock Option Agreement, to remain in the employ of (or to consult for or to serve as an Independent Director of, as applicable) the Company or any Subsidiary for a period of at least one
year (or such shorter period as may be fixed in the Stock Option Agreement or by action of the Committee following grant of the Option) after the Option is granted (or, in the case of an Independent Director, until the next annual meeting of
stockholders of the Company). Nothing in this Plan or in any Stock Option Agreement hereunder shall confer upon any Optionee any right to continue in the employ of, or as a consultant for, the Company or any Subsidiary, or as a director of the
Company, or shall interfere with or restrict in any way the rights of the Company and any Subsidiary, which are hereby expressly reserved, to discharge any Optionee at any time for any reason whatsoever, with or without good cause. 

ARTICLE V. EXERCISE OF OPTIONS 
 5.1 Partial Exercise. An exercisable Option may be exercised in whole or in part. However, an Option shall not be exercisable with respect to fractional shares and the Committee (or the Board, in the case of Options granted
to Independent Directors) may require that, by the terms of the Option, a partial exercise be with respect to a minimum number of shares. 

5.2 Manner of Exercise. All or a portion of an exercisable Option shall be deemed exercised upon delivery of all of the following to
the Secretary of the Company or his office: 
 (a) A written notice complying with the applicable rules established by the
Committee (or the Board, in the case of Options granted to Independent Directors) stating that the Option, or a portion thereof, is exercised. The notice shall be signed by the Optionee or other person then entitled to exercise the Option or such
portion; 

  
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 (b) Such representations and documents as the Committee (or the Board, in the
case of Options granted to Independent Directors), in its absolute discretion, deems necessary or advisable to effect compliance with all applicable provisions of the Securities Act of 1933, as amended, and any other federal or state securities laws
or regulations. The Committee or Board may, in its absolute discretion, also take whatever additional actions it deems appropriate to effect such compliance including, without limitation, placing legends on share certificates and book entries and
issuing stop-transfer notices to agents and registrars; 
 (c) In the event that the Option shall be exercised pursuant to
Section 10.1 by any person or persons other than the Optionee, appropriate proof of the right of such person or persons to exercise the Option; and 

(d) Full cash payment to the Secretary of the Company for the shares with respect to which the Option, or portion thereof, is
exercised. However, the Committee (or the Board, in the case of Options granted to Independent Directors), may in its discretion, (i) allow a delay in payment up to thirty (30) days from the date the Option, or portion thereof, is
exercised; (ii) allow payment, in whole or in part, through the delivery of shares of Common Stock owned by the Optionee, duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate exercise
price of the Option or exercised portion thereof; (iii) allow payment, in whole or in part, through the surrender of shares of Common Stock then issuable upon exercise of the Option having a Fair Market Value on the date of Option exercise
equal to the aggregate exercise price of the Option or exercised portion thereof; (iv) allow payment, in whole or in part, through the delivery of property of any kind which constitutes good and valuable consideration; (v) allow payment,
in whole or in part, through the delivery of a full recourse promissory note bearing interest (at no less than such rate as shall then preclude the imputation of interest under the Code) and payable upon such terms as may be prescribed by the
Committee or the Board; (vi) allow payment, in whole or in part, through the delivery of a notice that the Optionee has placed a market sell order with a broker with respect to shares of Common Stock then issuable upon exercise of the Option,
and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the Option exercise price; or (vii) allow payment through any combination of the consideration provided in the
foregoing subparagraphs (ii), (iii), (iv), (v) and (vi). In the case of a promissory note, the Committee (or the Board, in the case of Options granted to Independent Directors) may also prescribe the form of such note and the security to
be given for such note. The Option may not be exercised, however, by delivery of a promissory note or by a loan or other extension of credit from the Company when or where such loan or other extension of credit is prohibited by law. 

5.3 Conditions to Issuance of Shares. The Company shall not be required to issue or deliver any certificate or certificates, or make
any book entries, for shares of stock purchased upon the exercise of any Option or portion thereof prior to fulfillment of all of the following conditions: 

(a) The admission of such shares to listing on all stock exchanges on which such class of stock is then listed; 

(b) The completion of any registration or other qualification of such shares under any state or federal law, or under the rulings or
regulations of the Securities and Exchange Commission or any other governmental regulatory body which the Committee or Board shall, in its absolute discretion, deem necessary or advisable; 

(c) The obtaining of any approval or other clearance from any state or federal governmental agency which the Committee (or Board, in
the case of Options granted to Independent Directors) shall, in its absolute discretion, determine to be necessary or advisable; 
 (d) The lapse of such reasonable period of time following the exercise of the Option as the Committee (or Board, in the case of Options granted to Independent Directors) may establish from time to time for reasons of administrative
convenience; and 
 (e) The receipt by the Company of full payment for such shares, including payment of any
applicable withholding tax. 
 Notwithstanding any other provision of the Plan, unless otherwise determined by the Committee (or the Board,
in the case of Options granted to Independent Directors) or required by any applicable law, rule or regulation, the Company shall not deliver to any Optionee certificates evidencing shares of Common Stock issued in connection with any Option and
instead such shares of Common Stock shall be recorded in the books of the Company (or, as applicable, its transfer agent or stock plan administrator). 
 5.4 Rights as Stockholders. The holders of Options shall not be, nor have any of the rights or privileges of, stockholders of the Company in respect of any shares purchasable upon the exercise of any part of an Option unless
and until certificates representing such shares have been issued by the Company to such holders or book entries evidencing such shares have been made by the Company. 

5.5 Ownership and Transfer Restrictions. The Committee (or Board, in the case of Options granted to Independent Directors), in its absolute
discretion, may impose such restrictions on the ownership and transferability of the shares purchasable upon the exercise of an Option as it deems appropriate. Any such restriction shall be set forth in the respective Stock Option Agreement and may
be referred to on the certificates or book entries evidencing such shares. The Committee may require an 

  
 7 

 
Employee to give the Company prompt notice of any disposition of shares of Common Stock acquired by exercise of an Incentive Stock Option within (i) two years from the date of granting such
Option to such Employee or (ii) one year after the transfer of such shares to such Employee. The Committee may direct that the certificates or book entries evidencing shares acquired by exercise of an Option refer to such requirement to give
prompt notice of disposition. 
 5.6 Limitations on Exercise of Options Granted to Independent Directors. No Option granted to an
Independent Director may be exercised to any extent by anyone after the first to occur of the following events: 
 (a) The
expiration of twelve (12) months from the date of the Optionee’s death; 
 (b) The expiration of twelve
(12) months from the date of the Optionee’s Termination of Directorship, Termination of Consultancy or Termination of Employment by reason of his permanent and total disability (within the meaning of Section 22(e)(3) of the Code);

 (c) The expiration of three (3) months from the last to occur of the Optionee’s Termination of Directorship,
Termination of Consultancy or Termination of Employment, unless the Optionee dies within said three-month period; or 

(d) The expiration of six (6) years from the date the Option was granted. 

ARTICLE VI. AWARD OF RESTRICTED STOCK 
 6.1 Award of Restricted Stock. 
 (a) The Committee (or the Board, in the case of Restricted Stock
awarded to Independent Directors) may from time to time, in its absolute discretion: 
 (i) Select from among the key
Employees, consultants or Independent Directors (including Employees, consultants or Independent Directors who have previously received other awards under this Plan) such of them as in its opinion should be awarded Restricted Stock; and

 (ii) Determine the purchase price, if any, and other terms and conditions applicable to such Restricted Stock,
consistent with this Plan. 
 (b) The Committee (or the Board, in the case of Restricted Stock awarded to Independent
Directors) shall establish the purchase price, if any, and form of payment for Restricted Stock; provided, however, that such purchase price shall be no less than the par value of the Common Stock to be purchased, unless otherwise permitted
by applicable state law. In all cases, legal consideration shall be required for each issuance of Restricted Stock. 
 (c)
Upon the selection of a key Employee, consultant or Independent Director to be awarded Restricted Stock, the Committee (or the Board, in the case of Restricted Stock awarded to Independent Directors) shall instruct the Secretary of the Company to
issue such Restricted Stock and may impose such conditions on the issuance of such Restricted Stock as it deems appropriate. 
 6.2
Restricted Stock Agreement. Restricted Stock shall be issued only pursuant to a written Restricted Stock Agreement, which shall be executed by the selected key Employee, consultant or Independent Director and an authorized officer of the
Company and which shall contain such terms and conditions as the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) shall determine, consistent with this Plan. The issuance of any shares of Restricted Stock
shall be made subject to satisfaction of all provisions of Section 5.3. 
 6.3 Consideration. As consideration for the issuance
of Restricted Stock, in addition to payment of any purchase price, the Restricted Stockholder shall agree, in the written Restricted Stock Agreement, to remain in the employ of, to consult for, or to remain as an Independent Director of, as
applicable, the Company or any Subsidiary for a period of at least one year after the Restricted Stock is issued (or such shorter period as may be fixed in the Restricted Stock Agreement or by action of the Committee (or the Board, in the case of
Restricted Stock granted to an Independent Director) following grant of the Restricted Stock or, in the case of an Independent Director, until the next annual meeting of stockholders of the Company). Nothing in this Plan or in any Restricted Stock
Agreement hereunder shall confer on any Restricted Stockholder any right to continue in the employ of, as a consultant for or as an Independent Director of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of
the Company and any Subsidiary, which are hereby expressly reserved, to discharge any Restricted Stockholder at any time for any reason whatsoever, with or without good cause. 

6.4 Rights as Stockholders. Upon delivery of the shares of Restricted Stock to the escrow holder pursuant to Section 6.7, the Restricted
Stockholder shall have, unless otherwise provided by the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director), all the rights of a stockholder with respect to said shares, subject to the restrictions in his
Restricted Stock Agreement, including, subject to Section 10.14 and the last sentence of this Section 6.4 below, the right to receive all dividends and other distributions paid or made with respect to the shares; provided, however,
that in the discretion 

  
 8 

 
of the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director), any extraordinary distributions with respect to the Common Stock shall be subject to the
restrictions set forth in Section 6.5. Notwithstanding the foregoing, with respect to Restricted Stock that is subject to vesting, dividends which are paid prior to vesting shall only be paid out to the Restricted Stockholder to the extent that
the vesting conditions are subsequently satisfied and the share of Restricted Stock vests. 
 6.5 Restriction. All shares of
Restricted Stock issued under this Plan (including any shares received by holders thereof with respect to shares of Restricted Stock as a result of stock dividends, stock splits or any other form of recapitalization) shall, in the terms of each
individual Restricted Stock Agreement, be subject to such restrictions as the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) shall provide, which restrictions may include, without limitation,
restrictions concerning voting rights and transferability and vesting restrictions based on duration of employment with the Company, Company performance and individual performance; provided, further, that by action taken after the Restricted
Stock is issued, the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) may, on such terms and conditions as it may determine to be appropriate, remove any or all of the restrictions imposed by the terms of
the Restricted Stock Agreement. Notwithstanding the foregoing, except as permitted under Section 10.3 of the Plan but subject to Section 10.13, shares of Restricted Stock will vest no more rapidly than ratably over a three (3) year
period from the date of grant, unless the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) determines that the Restricted Stock award is to vest upon the achievement of one or more performance goals, in
which case the period for measuring performance will be at least twelve (12) months. Restricted Stock may not be sold or encumbered until all restrictions are terminated or expire. 

6.6 Repurchase or Forfeiture of Restricted Stock. The Committee (or the Board, in the case of Restricted Stock granted to an Independent
Director) shall provide in the terms of each individual Restricted Stock Agreement that the Company shall have the right to repurchase from the Restricted Stockholder the Restricted Stock then subject to restrictions under the Restricted Stock
Agreement immediately upon a Termination of Employment, Termination of Consultancy or Termination of Directorship between the Restricted Stockholder and the Company, at a cash price per share equal to the price paid by the Restricted Stockholder for
such Restricted Stock; provided, however, that provision may be made that no such right of repurchase shall exist in the event of a Termination of Employment, Termination of Consultancy or Termination of Directorship without cause, or
following a change in control of the Company or because of the Restricted Stockholder’s retirement, death or disability, or otherwise. Unless provided otherwise by the Committee (or the Board, in the case of Restricted Stock granted to an
Independent Director), if no cash consideration was paid by the Restricted Stockholder upon issuance, a Restricted Stockholder’s rights in unvested Restricted Stock shall lapse upon the last to occur of Termination of Employment, Termination of
Consultancy or Termination of Directorship with the Company. 
 6.7 Escrow. The Secretary of the Company or such other escrow holder
as the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) may appoint shall retain physical custody of each certificate representing Restricted Stock until all of the restrictions imposed under the
Restricted Stock Agreement with respect to the shares evidenced by such certificate expire or shall have been removed. 
 6.8
Legend. In order to enforce the restrictions imposed upon shares of Restricted Stock hereunder, the Committee (or the Board, in the case of Restricted Stock granted to an Independent Director) shall cause a legend or legends to be placed on
certificates or book entries representing all shares of Restricted Stock that are still subject to restrictions under Restricted Stock Agreements, which legend or legends shall make appropriate reference to the conditions imposed thereby.

 ARTICLE VII. PERFORMANCE AWARDS, DIVIDEND EQUIVALENTS, RESTRICTED STOCK UNITS, STOCK PAYMENTS 

7.1 Performance Awards. Any key Employee, consultant or Independent Director selected by the Committee (or the Board, in the case of an award
to an Independent Director) may be granted one or more Performance Awards. The Committee shall select the performance criteria (and any permissible adjustments) for each Performance Award for purposes of establishing the performance goal or
performance goals applicable to such Performance Award for the designated performance period. The performance criteria that may be used to establish such performance goals may include, but are not limited to, the following: (a) net earnings
(either before or after one or more of the following: (i) interest, (ii) taxes, (iii) depreciation and (iv) amortization), (b) gross or net sales or revenue, (c) net income (either before or after taxes),
(d) operating earnings or profit, (e) cash flow (including, but not limited to, operating cash flow and free cash flow), (f) return on assets, (g) return on capital, (h) return on stockholders’ equity, (i) return
on sales, (j) gross or net profit or operating margin, (k) costs, (l) funds from operations, (m) expenses, (n) working capital, (o) earnings per share, or (p) price per share of the Common Stock, any of which may
be measured either in absolute terms or as compared to any incremental increase or decrease or as compared to results of a peer group or to market performance indicators. The performance goals for a performance period may be established in writing
by the Committee (or the Board, in the case of an award to an Independent Director) based on one or more of the foregoing performance criteria, which goals may be expressed in terms of overall Company performance or the

  
 9 

 
performance of a division, business unit or an individual. In making such determinations, the Committee (or the Board, in the case of an award to an Independent Director) may consider (among such
other factors as it deems relevant in light of the specific type of award) the contributions, responsibilities and other compensation of the particular key Employee, consultant or Independent Director. 

7.2 Dividend Equivalents. Any key Employee, consultant or Independent Director selected by the Committee (or the Board, in the case of
an award to an Independent Director) may be granted Dividend Equivalents based on the dividends declared on Common Stock, to be credited as of dividend payment dates, during the period between the date an Option, Stock Appreciation Right, Restricted
Stock Unit or Performance Award is granted, and the date such Option, Stock Appreciation Right, Restricted Stock Unit or Performance Award is exercised, vests or expires, as determined by the Committee (or the Board, in the case of an award to an
Independent Director). Subject to Section 10.14, such Dividend Equivalents shall be converted to cash or additional shares of Common Stock by such formula and at such time and subject to such limitations as may be determined by the Committee
(or the Board, in the case of an award to an Independent Director). Notwithstanding the foregoing, no Dividend Equivalents shall be payable with respect to Options or Stock Appreciation Rights. 

7.3 Stock Payments. Any key Employee, consultant or Independent Director selected by the Committee (or the Board, in the case of an award to
an Independent Director) may receive Stock Payments in the manner determined from time to time by the Committee. The number of shares shall be determined by the Committee (or the Board, in the case of an award to an Independent Director) and may be
based upon the Fair Market Value, book value, net profits or other measure of the value of Common Stock or other specific performance criteria determined appropriate by the Committee (or the Board, in the case of an award to an Independent
Director), determined on the date such Stock Payment is made or on any date thereafter. 
 7.4 Restricted Stock Units. 

(a) Any key Employee, consultant or Independent Director selected by the Committee (or the Board, in the case of an award to an
Independent Director) may be granted an award of Restricted Stock Units in the manner determined from time to time by the Committee. The number of shares subject to a Restricted Stock Unit award shall be determined by the Committee (or the Board, in
the case of an award to an Independent Director). Common Stock underlying a Restricted Stock Unit award will not be issued until the Restricted Stock Unit award has vested. Unless otherwise provided by the Committee (or the Board, in the case of an
award to an Independent Director), a Grantee of Restricted Stock Units shall have no rights as a Company stockholder with respect to the shares of Common Stock underlying such Restricted Stock Units until such time as the award has vested and such
Common Stock underlying the award has been issued. 
 (b) During the term of the Plan thereafter, each person who is
initially elected or appointed to the Board and who is an Independent Director at the time of such initial election or appointment shall automatically be granted an award of Three Thousand (3,000) Restricted Stock Units (subject to adjustment
as provided in Section 10.3) on the date of such initial election or appointment, which Restricted Stock Unit award will vest in three equal installments on each of the first three anniversaries of the date of grant, subject to the Independent
Director’s continued service as a Director on each such vesting date. In addition, during the term of the Plan thereafter, each Independent Director shall automatically be granted an award of One Thousand Six Hundred (1,600) Restricted
Stock Units (subject to adjustment as provided in Section 10.3) on the date of each annual meeting of stockholders after his or her initial election or appointment to the Board at which directors are elected to the Board, which Restricted Stock
Unit award will vest on the first anniversary of the date of grant, subject to the Independent Director’s continued service as a Director on such vesting date; provided, however, that a person who is initially elected to the Board
at an annual meeting of stockholders and who is an Independent Director at the time of such initial election shall receive only an initial Restricted Stock Unit award on the date of such election pursuant to the preceding sentence and shall not
receive a Restricted Stock Unit award pursuant to this sentence until the date of the next annual meeting of stockholders following such initial election. Members of the Board who are employees of the Company who subsequently retire from the Company
and remain on the Board will not receive an initial Restricted Stock Unit award pursuant to the first sentence of this Section 7.4(b), but to the extent that they are otherwise eligible, will receive, after retirement from employment with the
Company, Restricted Stock Unit awards as described in the second sentence of this Section 7.4(b). 
 7.5 Performance Award
Agreement, Dividend Equivalent Agreement, Restricted Stock Unit Agreement, Stock Payment Agreement. Each Performance Award, Dividend Equivalent, award of Restricted Stock Units and/or Stock Payment shall be evidenced by a written agreement,
which shall be executed by the Grantee and an authorized Officer of the Company and which shall contain such terms and conditions as the Committee (or the Board, in the case of an award to an Independent Director) shall determine, consistent with
this Plan. 
 7.6 Term. The term of a Performance Award, Dividend Equivalent, award of Restricted Stock Unit and/or Stock Payment
shall be set by the Committee (or the Board, in the case of an award to an Independent Director) in its discretion. 
 7.7 Exercise Upon
Termination of Employment. A Performance Award, Dividend Equivalent, award of Restricted Stock Unit and/or Stock Payment is exercisable or payable only while the Grantee is an Employee, consultant or Independent Director; provided that the
Committee may (or the Board, in the case of an award to an Independent Director) determine that the 

  
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Performance Award, Dividend Equivalent, award of Restricted Stock Unit and/or Stock Payment may be exercised or paid subsequent to Termination of Employment, Termination of Consultancy or
Termination of Directorship without cause, or following a change in control of the Company, or because of the Grantee’s retirement, death or disability, or otherwise. 

7.8 Payment on Exercise. Payment of the amount determined under Section 7.1 or 7.2 above shall be in cash, in Common Stock or a
combination of both, as determined by the Committee (or the Board, in the case of an award to an Independent Director). To the extent any payment under this Article VII is effected in Common Stock, it shall be made subject to satisfaction of
all provisions of Section 5.3. 
 7.9 Consideration. As consideration for the issuance of a Performance Award, Dividend
Equivalent, award of Restricted Stock Unit and/or Stock Payment, the Grantee shall agree, in a written agreement, to remain in the employ of, to consult for, or to remain as an Independent Director of, as applicable, the Company or any Subsidiary
for a period of at least one year after such Performance Award, Dividend Equivalent, award of Restricted Stock Unit and/or Stock Payment is granted (or such shorter period as may be fixed in such agreement or by action of the Committee (or the
Board, in the case of an award to an Independent Director) following such grant or, in the case of an Independent Director, until the next annual meeting of stockholders of the Company). Nothing in this Plan or in any agreement hereunder shall
confer on any Grantee any right to continue in the employ of, as a consultant for or as an Independent Director of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and any Subsidiary, which are
hereby expressly reserved, to discharge any Grantee at any time for any reason whatsoever, with or without good cause. 
 ARTICLE
VIII. STOCK APPRECIATION RIGHTS 
 8.1 Grant of Stock Appreciation Rights. A Stock Appreciation Right may be granted to any key
Employee, consultant or Independent Director selected by the Committee (or the Board, in the case of an award to an Independent Director). A Stock Appreciation Right may be granted (i) in connection and simultaneously with the grant of an
Option, (ii) with respect to a previously granted Option, or (iii) independent of an Option. A Stock Appreciation Right shall be subject to such terms and conditions not inconsistent with this Plan as the Committee (or the Board, in the
case of an award to an Independent Director) shall impose and shall be evidenced by a written Stock Appreciation Right Agreement, which shall be executed by the Grantee and an authorized officer of the Company; provided, however, that
no Stock Appreciation Right shall have a term longer than six (6) years from the date the Stock Appreciation Right is granted. Without limiting the generality of the foregoing, the Committee may, in its discretion and on such terms as it deems
appropriate, require as a condition of the grant of a Stock Appreciation Right to an Employee, consultant or Independent Director that the Employee, consultant or Independent Director surrender for cancellation some or all of the unexercised
Options, awards of Restricted Stock or Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments, or other rights which have been previously granted to him under this Plan or otherwise. Subject to
Section 3.4(b), a Stock Appreciation Right, the grant of which is conditioned upon such surrender, may have an exercise price lower (or higher) than the exercise price of the surrendered Option or other award, may cover the same (or a lesser or
greater) number of shares as such surrendered Option or other award, may contain such other terms as the Committee deems appropriate, and shall be exercisable in accordance with its terms, without regard to the number of shares, price, exercise
period or any other term or condition of such surrendered Option or other award; provided, however, except as permitted under Section 10.3 of the Plan, no Stock Appreciation Right shall, without stockholder approval, be
(i) repriced, exchanged for an Option or Stock Appreciation Right with a lower price or otherwise modified where the effect would be to reduce the exercise price of the Stock Appreciation Right; or (ii) exchanged for cash or an alternate
award under the Plan. 
 8.2 Coupled Stock Appreciation Rights. 

(a) A Coupled Stock Appreciation Right (“CSAR”) shall be related to a particular Option and shall be exercisable only when
and to the extent the related Option is exercisable. 
 (b) A CSAR may be granted to the Grantee for no more than the
number of shares subject to the simultaneously or previously granted Option to which it is coupled. 
 (c) A CSAR shall
entitle the Grantee (or other person entitled to exercise the Option pursuant to this Plan) to surrender to the Company unexercised a portion of the Option to which the CSAR relates (to the extent then exercisable pursuant to its terms) and to
receive from the Company in exchange therefor an amount determined by multiplying the difference obtained by subtracting the Option exercise price from the Fair Market Value of a share of Common Stock on the date of exercise of the CSAR by the
number of shares of Common Stock with respect to which the CSAR shall have been exercised, subject to any limitations the Committee may impose. 
 8.3 Independent Stock Appreciation Rights. 
 (a) An Independent Stock Appreciation Right
(“ISAR”) shall be unrelated to any Option and shall have a term set by the Committee. An ISAR shall be exercisable in such installments as the Committee may determine. An ISAR shall cover

  
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such number of shares of Common Stock as the Committee may determine; provided, however, that unless the Committee otherwise provides in the terms of the ISAR or otherwise, no ISAR granted
to a person subject to Section 16 of the Exchange Act shall be exercisable until at least six months have elapsed from (but excluding) the date on which the Option was granted. The exercise price per share of Common Stock subject to each ISAR
shall be set by the Committee; provided, however, that such price shall not be less than one hundred percent (100%) of the Fair Market Value of a share of Common Stock on the date the ISAR is granted. An ISAR is exercisable only while the
Grantee is an Employee, consultant or Independent Director; provided that the Committee may determine that the ISAR may be exercised subsequent to Termination of Employment, Termination of Consultancy or Termination of Directorship without cause, or
following a change in control of the Company, or because of the Grantee’s retirement, death or disability, or otherwise. 
 (b) An ISAR shall entitle the Grantee (or other person entitled to exercise the ISAR pursuant to this Plan) to exercise all or a specified portion of the ISAR (to the extent then exercisable pursuant to its terms) and to receive
from the Company an amount determined by multiplying the difference obtained by subtracting the exercise price per share of the ISAR from the Fair Market Value of a share of Common Stock on the date of exercise of the ISAR by the number of shares of
Common Stock with respect to which the ISAR shall have been exercised, subject to any limitations the Committee may impose. 
 8.4
Payment and Limitations on Exercise. 
 (a) Payment of the amount determined under Sections 8.2(c) and 8.3(b)
above shall be in cash, in Common Stock (based on its Fair Market Value as of the date the Stock Appreciation Right is exercised) or a combination of both, as determined by the Committee. To the extent such payment is effected in Common Stock it
shall be made subject to satisfaction of all provisions of Section 5.3 above pertaining to Options. 
 (b) Grantees of
Stock Appreciation Rights may be required to comply with any timing or other restrictions with respect to the settlement or exercise of a Stock Appreciation Right, including a window-period limitation, as may be imposed in the discretion of the
Board or Committee. 
 8.5 Consideration. As consideration for the granting of a Stock Appreciation Right, the Committee (or the
Board in the case of an award to an Independent Director) may require the Grantee to agree, in the written Stock Appreciation Right Agreement, to remain in the employ of, to consult for or to remain as an Independent Director of, as applicable, the
Company or any Subsidiary for a period of at least one year after the Stock Appreciation Right is granted (or such shorter period as may be fixed in the Stock Appreciation Right Agreement or by action of the Committee (or the Board, in the case of
an award to an Independent Director) following grant of the Stock Appreciation Right or, in the case of an Independent Director, until the next annual meeting of stockholders of the Company). Nothing in this Plan or in any Stock Appreciation Right
Agreement hereunder shall confer on any Grantee any right to continue in the employ of, as a consultant for or as an Independent Director of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and
any Subsidiary, which are hereby expressly reserved, to discharge any Grantee at any time for any reason whatsoever, with or without good cause. 
 ARTICLE IX. ADMINISTRATION 
 9.1 Compensation Committee. The Compensation Committee (or another committee
or a subcommittee of the Board assuming the functions of the Committee under this Plan) shall consist solely of two or more Independent Directors appointed by and holding office at the pleasure of the Board, each of whom is a “non-employee director” as defined by Rule 16b-3 and otherwise meets the requirements of applicable law. In its absolute discretion, the Board may at any time
and from time to time exercise any and all rights and duties of the Committee under this Plan. Appointment of Committee members shall be effective upon acceptance of appointment. Committee members may resign at any time by delivering written notice
to the Board. Vacancies in the Committee may be filled by the Board. Should any Awards made under the Plan prior to November 2, 2017 be intended to qualify as “performance-based compensation” within the meaning of
Section 162(m)(4)(C) of the Code prior to its repeal (“162(m) Awards”), then all such determinations regarding such Awards will be made solely by a Committee comprised solely of two of more “outside directors” within the
meaning of Section 162(m) of the Code. 
 9.2 Duties and Powers of Committee. It shall be the duty of the Committee to conduct
the general administration of this Plan in accordance with its provisions. The Committee shall have the power to interpret this Plan and the agreements pursuant to which Options, awards of Restricted Stock or Restricted Stock Units, Performance
Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments are granted or awarded, and to adopt such rules for the administration, interpretation, and application of this Plan as are consistent therewith and to interpret, amend or
revoke any such rules. Notwithstanding the foregoing, the full Board, acting by a majority of its members in office, shall conduct the general administration of the Plan with respect to awards granted to Independent Directors. Any such grant or
award under this Plan need not be the same with respect to each Optionee, Grantee or Restricted Stockholder. Any such interpretations and rules with respect to Incentive Stock Options shall be consistent with the provisions of Section 422 of
the Code. To the extent permitted by applicable law, the Committee may from time to time delegate to a committee of one or more members of the Board or one or more officers of the 

  
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Company the authority to grant or amend awards to Participants other than (a) senior executives of the Company who are subject to Section 16 of the Exchange Act, or (b) officers of
the Company (or members of the Board) to whom authority to grant or amend awards has been delegated hereunder. Any delegation hereunder shall be subject to the restrictions and limits that the Committee specifies at the time of such delegation, and
the Committee may at any time rescind the authority so delegated or appoint a new delegatee. At all times, the delegatee appointed under this Section shall serve in such capacity at the pleasure of the Committee. 

9.3 Majority Rule; Unanimous Written Consent. The Committee shall act by a majority of its members in attendance at a meeting at which a
quorum is present or by a memorandum or other written instrument signed by all members of the Committee. 
 9.4 Compensation;
Professional Assistance; Good Faith Actions. Members of the Committee shall receive such compensation for their services as members as may be determined by the Board. All expenses and liabilities which members of the Committee incur in
connection with the administration of this Plan shall be borne by the Company. The Committee may, with the approval of the Board, employ attorneys, consultants, accountants, appraisers, brokers, or other persons. The Committee, the Company and the
Company’s officers and Directors shall be entitled to rely upon the advice, opinions or valuations of any such persons. All actions taken and all interpretations and determinations made by the Committee or the Board in good faith shall be final
and binding upon all Optionees, Grantees, Restricted Stockholders, the Company and all other interested persons. No members of the Committee or Board shall be personally liable for any action, determination or interpretation made in good faith with
respect to this Plan, Options, awards of Restricted Stock or Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments, and all members of the Committee and the Board shall be fully protected by
the Company in respect of any such action, determination or interpretation. 
 ARTICLE X. MISCELLANEOUS PROVISIONS 

10.1 Not Transferable. 
 (a) Options, Restricted Stock awards, Restricted Stock Unit awards, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments under this Plan may not be sold, pledged, assigned, or transferred in any
manner other than by will or the laws of descent and distribution or pursuant to a QDRO, unless and until such rights or awards have been exercised, or the shares underlying such rights or awards have been issued, and all restrictions applicable to
such shares have lapsed. No Option, Restricted Stock award, Restricted Stock Unit award, Performance Award, Stock Appreciation Right, Dividend Equivalent or Stock Payment or interest or right therein shall be liable for the debts, contracts or
engagements of the Optionee, Grantee or Restricted Stockholder or his successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be
voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to
the extent that such disposition is permitted by the preceding sentence. 
 (b) During the lifetime of the Optionee or
Grantee, only he may exercise an Option or other right or award (or any portion thereof) granted to him under the Plan, unless it has been disposed of pursuant to a QDRO. After the death of the Optionee or Grantee, any exercisable portion of an
Option or other right or award may, prior to the time when such portion becomes unexercisable under the Plan or the applicable Stock Option Agreement or other agreement, be exercised by his personal representative or by any person empowered to do so
under the deceased Optionee’s or Grantee’s will or under the then applicable laws of descent and distribution. 
 10.2
Amendment, Suspension or Termination of this Plan. Except as otherwise provided in this Section 10.2, this Plan may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the
Board or the Committee. However, without approval of the Company’s stockholders given within twelve months before or after the action by the Board or the Committee, no action of the Board or the Committee may, except as provided in
Section 10.3, increase the limits imposed in Section 2.1 on the maximum number of shares which may be issued under this Plan or modify the Award Limit, and no action of the Board or the Committee may be taken that would otherwise require
stockholder approval as a matter of applicable law, or the rules and regulations of any stock exchange or national market system on which the Common Stock is then listed. No amendment, suspension or termination of this Plan shall, without the
consent of the holder of Options, Restricted Stock awards, Restricted Stock Unit awards, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments, alter or impair any rights or obligations under any Options, Restricted
Stock awards, Restricted Stock Unit awards, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments theretofore granted or awarded, unless the award itself otherwise expressly so provides. No Options, Restricted Stock,
Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments may be granted or awarded during any period of suspension or after termination of this Plan, and in no event may any Incentive Stock Option
be granted under this Plan after June 19, 2028. 

  
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 10.3 Changes in Common Stock or Assets of the Company, Acquisition or Liquidation of the
Company and Other Corporate Events. 
 (a) Subject to Section 10.3(d), in the event that the Committee (or the
Board, in the case of awards granted to Independent Directors) determines that any dividend or other distribution (whether in the form of cash, Common Stock, other securities, or other property) (other than normal cash dividends), recapitalization,
reclassification, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, liquidation, dissolution, or
sale, transfer, exchange or other disposition of all or substantially all of the assets of the Company (including, but not limited to, a Corporate Transaction), or exchange of Common Stock or other securities of the Company, issuance of warrants or
other rights to purchase Common Stock or other securities of the Company, or other similar corporate transaction or event (other than an Equity Restructuring), in the Committee’s sole discretion (or in the case of awards granted to Independent
Directors, the Board’s sole discretion), affects the Common Stock such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under the Plan or with respect to an Option, Restricted Stock award, Performance Award, Stock Appreciation Right, Dividend Equivalent, Restricted Stock Unit award or Stock Payment, then the Committee (or the Board, in the case of awards
granted to Independent Directors) shall, in such manner as it may deem equitable, adjust any or all of: 
 (i) the number
and kind of shares of Common Stock (or other securities or property) with respect to which Options, Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments may be granted under the Plan, or which
may be granted as Restricted Stock (including, but not limited to, adjustments of the limitations in Section 2.1 on the maximum number and kind of shares which may be issued, adjustments of the Award Limit and adjustments of the manner in which
shares subject to Full Value Awards will be counted), 
 (ii) the number and kind of shares of Common Stock (or other
securities or property) subject to outstanding Options, Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents, or Stock Payments, and in the number and kind of shares of outstanding Restricted Stock, 

(iii) the grant or exercise price with respect to any Option, Restricted Stock Unit, Performance Award, Stock Appreciation Right,
Dividend Equivalent or Stock Payment, and 
 (iv) the number and kind of shares of Common Stock (or other securities or
property) for which automatic grants of Options and Restricted Stock Units are subsequently to be made to new and continuing Independent Directors pursuant to Section 3.4(d) and Section 7.4(b), respectively. 

(b) Subject to Sections 10.3(b)(vii), 10.3(d) and 10.3(e) in the event of any Corporate Transaction or other transaction or
event described in Section 10.3(a) or any unusual or nonrecurring transactions or events affecting the Company, any affiliate of the Company, or the financial statements of the Company or any affiliate, or of changes in applicable laws,
regulations, or accounting principles, the Committee (or the Board, in the case of awards granted to Independent Directors) in its discretion is hereby authorized to take any one or more of the following actions whenever the Committee (or the Board,
in the case of awards granted to Independent Directors) determines that such action is appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or with respect to any
option, right or other award under this Plan, to facilitate such transactions or events or to give effect to such changes in laws, regulations or principles: 

(i) In its sole and absolute discretion, and on such terms and conditions as it deems appropriate, the Committee (or the Board, in
the case of awards granted to Independent Directors) may provide, either by the terms of the agreement or by action taken prior to the occurrence of such transaction or event and either automatically or upon the optionee’s request, for either
the purchase of any such Option, Performance Award, Stock Appreciation Right, Dividend Equivalent, or Stock Payment, or any Restricted Stock or Restricted Stock Unit for an amount of cash equal to the amount that could have been attained upon the
exercise of such option, right or award or realization of the optionee’s rights had such option, right or award been currently exercisable or payable or fully vested or the replacement of such option, right or award with other rights or
property selected by the Committee (or the Board, in the case of awards granted to Independent Directors) in its sole discretion; 
 (ii) In its sole and absolute discretion, the Committee (or the Board, in the case of awards granted to Independent Directors) may provide, either by the terms of such Option, Performance Award, Stock Appreciation Right, Dividend
Equivalent, or Stock Payment, or Restricted Stock or Restricted Stock Unit award or by action taken prior to the occurrence of such transaction or event that it cannot be exercised after such event; 

(iii) In its sole and absolute discretion, and on such terms and conditions as it deems appropriate, the Committee (or the Board, in
the case of awards granted to Independent Directors) may provide, either by the terms of such Option, Performance Award, Stock Appreciation Right, Dividend Equivalent, or Stock Payment, or Restricted Stock or

  
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Restricted Stock Unit award or by action taken prior to the occurrence of such transaction or event, that for a specified period of time prior to such transaction or event, such option, right or
award shall be vested and/or exercisable as to all shares covered thereby, notwithstanding anything to the contrary in (i) Section 4.4 or (ii) the provisions of such Option, Performance Award, Stock Appreciation Right, Dividend
Equivalent, or Stock Payment, or Restricted Stock or Restricted Stock Unit award; 
 (iv) In its sole and absolute
discretion, and on such terms and conditions as it deems appropriate, the Committee (or the Board, in the case of awards granted to Independent Directors) may provide, either by the terms of such Option, Performance Award, Stock Appreciation Right,
Dividend Equivalent, or Stock Payment, or Restricted Stock or Restricted Stock Unit award or by action taken prior to the occurrence of such transaction or event, that upon such event, such option, right or award be assumed by the successor or
survivor corporation, or a parent or subsidiary thereof, or shall be substituted for by similar options, rights or awards covering the stock of the successor or survivor corporation, or a parent or subsidiary thereof, with appropriate adjustments as
to the number and kind of shares and prices; 
 (v) In its sole and absolute discretion, and on such terms and conditions
as it deems appropriate, the Committee (or the Board, in the case of awards granted to Independent Directors) may make adjustments in the number and type of shares of Common Stock (or other securities or property) subject to outstanding Options,
Restricted Stock Units, Performance Awards, Stock Appreciation Rights, Dividend Equivalents, or Stock Payments, and in the number and kind of outstanding Restricted Stock and/or in the terms and conditions of (including the grant or exercise price),
and the criteria included in, outstanding options, rights and awards and options, rights and awards which may be granted in the future; 
 (vi) In its sole and absolute discretion, and on such terms and conditions as it deems appropriate, the Committee may provide either by the terms of a Restricted Stock award or by action taken prior to the occurrence of such event
that, for a specified period of time prior to such event, the restrictions imposed under a Restricted Stock Agreement upon some or all shares of Restricted Stock may be terminated, and, some or all shares of such Restricted Stock may cease to be
subject to repurchase under Section 6.6 or forfeiture under Section 6.5 after such event; and 
 (vii) None
of the foregoing discretionary actions taken under this Section 10.3(b) shall be permitted with respect to awards granted to Independent Directors to the extent that such discretion would be inconsistent with the applicable exemptive conditions
of Rule 16b-3. In the event of a Change in Control or a Corporate Transaction, to the extent that the Board does not have the ability under Rule 16b-3 to take
or to refrain from taking the discretionary actions set forth in Section 10.3(b)(iii) above, each award granted to an Independent Director shall be vested and/or exercisable as to all shares covered thereby upon such Change in Control or during
the five days immediately preceding the consummation of such Corporate Transaction and subject to such consummation, notwithstanding anything to the contrary in Section 4.4 or the vesting schedule of such awards. In the event of a Corporate
Transaction, to the extent that the Board does not have the ability under Rule 16b-3 to take or to refrain from taking the discretionary actions set forth in Section 10.3(b)(ii) above, no Option
granted to an Independent Director may be exercised following such Corporate Transaction unless such Option is, in connection with such Corporate Transaction, either assumed by the successor or survivor corporation (or parent or subsidiary thereof)
or replaced with a comparable right with respect to shares of the capital stock of the successor or survivor corporation (or parent or subsidiary thereof). 

(c) Subject to Sections 10.3(d) and 10.7, the Committee (or the Board, in the case of awards granted to Independent Directors)
may, in its discretion, include such further provisions and limitations in any Option, Performance Award, Stock Appreciation Right, Dividend Equivalent, or Stock Payment, or Restricted Stock or Restricted Stock Unit agreement or certificate, as it
may deem equitable and in the best interests of the Company. 
 (d) With respect to Incentive Stock Options, no adjustment
or action described in this Section 10.3 or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Plan to violate Section 422(b)(1) of the Code or any successor provision
thereto. With respect to 162(m) Awards, no adjustment or action described in this Section 10.3 or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause such award to fail to so qualify
under Code Section 162(m)(4)(C) prior to its repeal unless the Committee determines that the award should not so qualify. Furthermore, no such adjustment or action shall be authorized to the extent such adjustment or action would result in
short-swing profits liability under Section 16 or violate the exemptive conditions of Rule 16b-3 unless the Committee (or the Board, in the case of awards granted to Independent Directors) determines
that the option or other award is not to comply with such exemptive conditions. The number of shares of Common Stock subject to any option, right or award shall always be rounded to the next whole number. 

  
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 (e) In connection with the occurrence of any Equity Restructuring, and
notwithstanding anything to the contrary in Sections 10.3(a) and 10.3(b): 
 (i) The number and type of securities subject
to each outstanding award and the exercise price or grant price thereof, if applicable, shall be equitably adjusted. The adjustments provided under this Section 10(e) shall be nondiscretionary and shall be final and binding on the affected
holder and the Company. 
 (ii) The Committee (or the Board, in the case of awards granted to Independent Directors) shall
make such equitable adjustments, if any, as the Committee may deem appropriate to reflect such Equity Restructuring with respect to the aggregate number and kind of shares that may be issued under the Plan (including, but not limited to, adjustments
of the limitations in Section 2.1 on the maximum number and kind of shares which may be issued under the Plan or the Award Limit and adjustments of the manner in which shares subject to Full Value Awards will be counted). 

10.4 Tax Withholding. The Company shall be entitled to require payment in cash or deduction from other compensation payable to each Optionee,
Grantee or Restricted Stockholder of any sums required by federal, state or local tax law to be withheld with respect to the issuance, vesting, exercise or other taxable event related to any Option, Restricted Stock, Restricted Stock Unit,
Performance Award, Stock Appreciation Right, Dividend Equivalent or Stock Payment. The Committee (or the Board, in the case of awards granted to Independent Directors) may in its discretion and in satisfaction of the foregoing requirement allow such
Optionee, Grantee or Restricted Stockholder to elect to have the Company withhold shares of Common Stock otherwise issuable under such Option or other award (or allow the return of shares of Common Stock) having a Fair Market Value equal to the
amounts required to be withheld. For avoidance of doubt, the Committee (or the Board, in the case of awards granted to Independent Directors) may determine the fair market value of the shares of Common Stock for tax purposes upon settlement of an
award using such methodology as may be required by applicable laws or as appropriate for administrative reasons. The number of shares of Common Stock which may be so withheld or returned shall be limited to the number of shares of Common Stock which
have a fair market value on the date of withholding or return no greater than the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes that
are applicable to such supplemental taxable income (or, to the extent provided by the Committee (or the Board, in the case of awards granted to Independent Directors), such higher withholding rate that is in no event greater than the maximum
individual statutory tax rate in the applicable jurisdiction at the time of such withholding (or such other rate as may be required to avoid the liability classification of the applicable award under generally accepted accounting principles in the
United States of America)). 
 10.5 Loans. The Committee may, in its discretion, and to the extent permitted by law extend one or
more loans to key Employees in connection with the exercise or receipt of an Option, Performance Award, Stock Appreciation Right, Dividend Equivalent or Stock Payment granted under this Plan, or the issuance, vesting or distribution of Restricted
Stock or Restricted Stock Units awarded under this Plan. The terms and conditions of any such loan shall be set by the Committee (or the Board, in the case of awards granted to Independent Directors). No loans will be made to key Employees if such
loans would be prohibited by Section 402 of the Sarbanes-Oxley Act of 2002. 
 10.6 Forfeiture Provisions. Pursuant to its
general authority to determine the terms and conditions applicable to awards under the Plan, the Committee (or the Board, in the case of awards granted to Independent Directors) shall have the right (to the extent consistent with the applicable
exemptive conditions of Rule 16b-3) to provide, in the terms of Options or other awards made under the Plan, or to require the recipient to agree by separate written instrument, that (i) any
proceeds, gains or other economic benefit actually or constructively received by the recipient upon any receipt or exercise of the award, or upon the receipt or resale of any Common Stock underlying such award, must be paid to the Company, and
(ii) the award shall terminate and any unexercised portion of such award (whether or not vested) shall be forfeited, if (a) a Termination of Employment, Termination of Consultancy or Termination of Directorship occurs prior to a specified
date, or within a specified time period following receipt or exercise of the award, or (b) the recipient at any time, or during a specified time period, engages in any activity in competition with the Company, or which is inimical, contrary or
harmful to the interests of the Company, as further defined by the Committee (or the Board, as applicable). 
 10.7 Limitations
Applicable to Section 16 Persons and Performance-Based Compensation. Notwithstanding any other provision of this Plan, this Plan, and any Option, Performance Award, Stock Appreciation Right, Dividend Equivalent or Stock
Payment granted, or Restricted Stock or Restricted Stock Unit awarded, to any individual who is then subject to Section 16 of the Exchange Act, shall be subject to any additional limitations set forth in any applicable exemptive rule under
Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law,
the Plan, Options, Performance Awards, Stock Appreciation Rights, Dividend Equivalents, Stock Payments, Restricted Stock and Restricted Stock Units granted or awarded hereunder shall be deemed amended to the extent necessary to conform to such
applicable exemptive rule. Furthermore, notwithstanding any other provision of this Plan or any award agreement, each 162(m) Award (and each award which was otherwise not subject to the deduction limitation of Section 162(m) of the Code) shall
be subject to any additional limitations as the Committee determines necessary for such 162(m) Award to qualify as “performance-based compensation” as described in Section 162(m)(4)(C) of the Code prior to its repeal (or to be so
exempt) pursuant to the transition relief rules in the Tax Cuts 

  
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and Jobs Act of 2017, and to the extent any of the provisions of the Plan or any award (or any amendments hereto pursuant to this amendment and restatement of the Plan) would cause any 162(m)
Awards to fail to so qualify or other awards to be so exempt, any such provisions shall not apply to such awards to the extent necessary to ensure the continued qualification or exemption of such awards. To the extent permitted by applicable law,
the Plan and any such awards shall be deemed amended to the extent necessary to conform to such requirements. 
 10.8 Effect of Plan
Upon Options and Compensation Plans. The adoption of this Plan shall not affect any other compensation or incentive plans in effect for the Company or any Subsidiary. Nothing in this Plan shall be construed to limit the right of the Company
(i) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any Subsidiary or (ii) to grant or assume options or other rights otherwise than under this Plan in connection with
any proper corporate purpose including but not by way of limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation,
partnership, limited liability company, firm or association. 
 10.9 Compliance with Laws. This Plan, the granting and vesting of
Options, Restricted Stock awards, Restricted Stock Unit awards, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments under this Plan and the issuance and delivery of shares of Common Stock and the payment of money
under this Plan or under Options, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments granted or Restricted Stock or Restricted Stock Units awarded hereunder are subject to compliance with all applicable federal and
state laws, rules and regulations (including but not limited to state and federal securities law and federal margin requirements) and to such approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel for the
Company, be necessary or advisable in connection therewith. Any securities delivered under this Plan shall be subject to such restrictions, and the person acquiring such securities shall, if requested by the Company, provide such assurances and
representations to the Company as the Company may deem necessary or desirable to assure compliance with all applicable legal requirements. To the extent permitted by applicable law, the Plan, Options, Restricted Stock awards, Restricted Stock Unit
awards, Performance Awards, Stock Appreciation Rights, Dividend Equivalents or Stock Payments granted or awarded hereunder shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

10.10 Titles. Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of this
Plan. 
 10.11 Governing Law. This Plan and any agreements hereunder shall be administered, interpreted and enforced under the
internal laws of the State of California without regard to conflicts of laws thereof. 
 10.12 Section 409A. To
the extent that the Committee (or the Board, in the case of awards granted to Independent Directors) determines that any award granted under the Plan is subject to Section 409A of the Code, the award agreement evidencing such award shall
incorporate the terms and conditions required by Section 409A of the Code. To the extent applicable, the Plan and award agreements shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and
other interpretive guidance issued thereunder. Notwithstanding any provision of the Plan to the contrary, in the event that the Committee (or the Board, in the case of awards granted to Independent Directors) determines that any award may be subject
to Section 409A of the Code and related Department of Treasury guidance (including Department of Treasury guidance), the Committee (or the Board, in the case of awards granted to Independent Directors) may adopt such amendments to the Plan and
the applicable award agreement or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Committee (or the Board, in the case of awards granted to Independent
Directors) determines are necessary or appropriate to (a) exempt the award from Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the award, or (b) comply with the
requirements of Section 409A of the Code and related Department of Treasury guidance. 
 10.13 Award Vesting Limitations.
Notwithstanding any other provision of the Plan to the contrary, but subject to Section 10.3 and the last sentence of this Section 10.13, Options, awards of Restricted Stock, Performance Awards, Dividend Equivalents, awards of
Restricted Stock Units, Stock Payments or Stock Appreciation Rights granted under the Plan shall vest no earlier than the first anniversary of the date the award is granted and no award agreement shall reduce or eliminate the minimum vesting
requirement; provided, however, that, notwithstanding the foregoing, awards that result in the issuance of an aggregate of up to five percent (5%) of the shares of Common Stock available pursuant to Section 2.1(a) as of the
Restatement Effective Date may be granted to any one or more Employees, consultants or Independent Directors without respect to and/or administered without regard for this minimum vesting provision. Nothing in this Section 10.13 precludes the
Committee (or the Board, in the case of awards granted to Independent Directors) from taking action, in its sole discretion, to accelerate the vesting of any award in connection with or following a Grantee’s, Optionee’s or Restricted
Stockholder’s death, disability, Termination of Employment, Termination of Consultancy, Termination of Directorship or the consummation of a Corporate Transaction or a Change in Control. 

  
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 10.14 Dividend Limitations. Notwithstanding any other provision of the Plan to the
contrary, dividends and Dividend Equivalents with respect to an award that is subject to vesting that are based on dividends paid prior to the vesting of such award shall only be paid out to the Restricted Stockholder or Grantee, as applicable, to
the extent that the vesting conditions are subsequently satisfied and the award vests. 

  
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