Document:

Exhibit

Exhibit 4.4

UNUM EUROPEAN HOLDING COMPANY LIMITED SAVINGS-RELATED SHARE OPTION SCHEME 2021
		
	1.
	DEFINITIONS AND INTERPRETATION 

In this Scheme, the following words and expressions shall, where the context so permits, have the following meanings: 
	
				
	“Acquisition Price”
	means the price at which each Share subject to an Option may be acquired on the exercise of that Option, being (subject to Rule 10) the higher of:

	 
	(a)
	ninety per cent (90%) of the Market Value of a Share on the day preceding the date that the invitation to apply for that Option was issued pursuant to Rule 2; or

	 
	(b)
	if Shares are to be subscribed for, the nominal value of a Share;

	“Appropriate Period”
	means the applicable period prescribed in paragraph 38 of Schedule 3;

	“Associated Company”
	has the meaning it bears in paragraph 47 of Schedule 3;

	“Auditors”
	means the auditors for the time being of Unum Group (acting as experts and not as arbitrators);

	“Bonus”
	means any sum payable by way of bonus under a Savings Contract being the additional payment made by the nominated Savings Authority when repaying contributions under a Savings Contract and:

	 
	(a)
	“Three Year Bonus” shall mean the Bonus payable under a Three Year Savings Contract; and

	 
	(b)
	“Five Year Bonus” shall mean the Bonus payable on the first date on which a Bonus is payable under a Five Year Savings Contract;

	“Bonus Date”
	means the earliest date on which the relevant Bonus is payable;

	“Constituent Company”
	means Unum Group and any other company which is for the time being nominated by the board of Unum Group to be a Constituent Company being:

	 
	(a)
	a company of which Unum Group has Control; or

	 
	(b)
	a jointly owned company which:

	 
	 
	(i)
	is not under the Control of any single person; and

	 
	 
	(ii)
	is under the joint Control of the Unum Group and one other person; and

	 
	 
	(iii)
	is not a participating company in any savings-related share option scheme established by any other company and which is either approved by HMRC under Schedule 3, or a Schedule 3 SAYE option scheme (within the meaning of paragraph 1 of Schedule 3); or

	 
	(c)
	a company which is under the Control of a jointly owned company which satisfies the conditions in paragraph (b) above and which itself satisfies the condition in sub-paragraph (iii) thereof provided that if any company which has been nominated as a Constituent Company by virtue of satisfying the conditions in paragraphs (b) or (c) above shall cease to satisfy any of those conditions (unless as a consequence of such cessation it becomes under the Control of Unum Group) it shall forthwith cease to be a Constituent Company;

	“Control”
	has the meaning given by section 995 of the Income Tax Act of 2007;

	“Date of Grant”
	means, in relation to any Option, the date on which the Option is, was or is to be granted;

	“Dealing Day”
	means any weekday (excluding Saturday) which is not a statutory, public or bank holiday in either the United Kingdom or the United States of America;

	“Eligible Employee”
	means:

	
			
	1

	
				
	 
	(a)
	any employee of any Constituent Company, or

	 
	(b)
	any director of any Constituent Company who devotes to his duties 25 hours or more per week (excluding meal breaks), 

	 
	in each case who:

	 
	 
	(i)
	had on the day preceding the date of issue of the relevant invitations pursuant to Rule 2.1 been such an employee or director for 6 weeks or more, and;

	 
	 
	(ii)
	is chargeable to tax in respect of his office or employment under section 15 of ITEPA; or

	 
	(c)
	any other director or employee of any Constituent Company whom the board of Unum European Holding Company Limited may in its discretion and from time to time select;

	“HMRC”
	means Her Majesty’s Revenue & Customs;

	“ITEPA”
	means the Income Tax (Earnings and Pensions) Act 2003;

	“Key Feature”
	means a provision of this Scheme which is necessary in order to meet the requirements of Schedule 3;

	“Market Value”
	means in relation to a Share:

	 
	(a)
	if the Shares are not listed on the New York Stock Exchange or other recognised stock exchange (within the meaning of section 1005 of the Income Tax Act 2007), the market value as determined in accordance with Part VIII of the Taxation of Chargeable Gains Act 1992 and agreed in advance for the purposes of this Scheme with HMRC Shares and Assets Valuation; or

	 
	(b)
	if the Shares are listed on the New York Stock Exchange or other recognised investment or stock exchange, the closing market quotation of the New York Stock Exchange, as reported in the Wall Street Journal, for the Dealing Day preceding the relevant date of invitation to apply for the Option to acquire such Shares issued pursuant to Rule 2;

	“Maximum Contribution”
	means the maximum permitted aggregate Monthly Contribution which may be made under all Savings Contracts linked to Options granted to a participant under this Scheme or any other savings-related share option scheme notified to HMRC under Schedule 3, being the lesser of:

	 
	(a)
	£500 per month (or, if greater, the maximum amount specified in paragraph 25(3)(a) of Schedule 3); and

	 
	(b)
	such other maximum as may be determined from time to time by the board of Unum European Holding Company Limited;

	“Monthly Contribution”
	means the monthly savings contribution (being a multiple of £1 and no less than £10) agreed to be paid by an Optionholder under his Savings Contract;

	“Option”
	means a right to acquire Shares by purchase or subscription granted (whether by Unum European Holding Company Limited or a third party) pursuant to this Scheme;

	“Optionholder”
	means an Eligible Employee to whom an Option has been granted under this Scheme, or his personal representatives;

	“Option Certificate”
	means a certificate issued to an Optionholder in respect of any Option;

	“Personal Data”
	means any personal information which could identify an Optionholder, including but not limited to, the Optionholder's date of birth, home address, telephone number, e-mail address or National Insurance number;

	“Savings Authority”
	means the building society, bank or Department of National Savings recognised by the board of Unum European Holding Company Limited from time to time for the purpose of receiving Monthly Contributions under Savings Contracts;

	
			
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	“Savings Contract”
	means a contract under a certified SAYE savings arrangement (within the meaning of section 703 of the Income Tax (Trading and Other Income) Act 2005) approved by HMRC for the purpose of Schedule 3 and “Three Year Savings Contract” and “Five Year Savings Contract” shall be construed accordingly;

	“Schedule 3”
	means Schedule 3 to ITEPA;

	“this Scheme”
	means the Unum European Holding Company Limited Savings-Related Share Option Scheme 2021 constituted and governed by these Rules, as from time to time amended;

	“Share”
	means common stock in the capital of Unum Group which satisfies the conditions specified in paragraphs 18 to 22 inclusive of Schedule 3;

	“Subsisting Option”
	means an Option which has neither lapsed nor been exercised; and

	“Unum Group”
	means Unum Group, a Delaware general business corporation whose principal executive offices are at 1 Fountain Square, Chattanooga, Tennessee 37402, United States of America, and including any delegates of Unum Group as may be set forth in this Scheme.

References to any statutory provision are to that provision as amended or re-enacted from time to time, and, unless the context otherwise requires, words in the singular shall include the plural and vice versa and words importing the masculine shall include the feminine and vice versa. 
		
	2.
	INVITATIONS TO APPLY FOR OPTIONS 

		
	2.1
	The board of Unum European Holding Company Limited may, if in their absolute discretion they think fit, invite all Eligible Employees to apply for the grant of Options. Such invitations shall be made on identical terms to all Eligible Employees at such times as the board of Unum European Holding Company Limited shall direct. 

		
	2.2
	Invitations shall be made in writing and shall include details of the following matters which shall be determined by the board of Unum European Holding Company Limited in accordance with any resolution or other actions by the Human Capital Committee of Unum Group: 

		
	(a)
	the Acquisition Price at which each Share may be acquired on the exercise of an Option granted in response to the application; 

		
	(b)
	the latest date by which applications must be received, being neither earlier than 14 days nor later than 21 days after the date of the invitations; 

		
	(c)
	the Maximum Contribution; and 

		
	(d)
	whether the applicable Savings Contract is: 

		
	(i)
	a Three Year Savings Contract; 

		
	(ii)
	a Five Year Savings Contract; or 

		
	(iii)
	either a Three Year Savings Contract or a Five Year Savings Contract, as the applicant shall select. 

		
	(e)
	whether or not the Shares may be subject to any restrictions (as defined in paragraph 48(3) of Schedule 3) and if they are, the details of the restrictions.

		
	2.3
	Each invitation shall be accompanied by: 

		
	(a)
	a proposal form for a Savings Contract; and 

		
	(b)
	an application form. 

		
	2.4
	An application form shall be in such form as the board of Unum European Holding Company Limited may from time to time prescribe save that it must provide for the applicant to state: 

	
			
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	(a)
	the Monthly Contribution (being a multiple of £1 and not less than £10) which he wishes to make under the related Savings Contract; 

		
	(b)
	that his proposed Monthly Contribution (when taken together with any Monthly Contribution he makes under any other Savings Contract linked to an Option granted to him under this Scheme or any other savings-related share option scheme which is either approved by HMRC under Schedule 3 or a Schedule 3 SAYE option scheme (within the meaning of paragraph 1 of Schedule 3)) will not exceed the Maximum Contribution specified in the invitation; and 

		
	(c)
	if the board of Unum European Holding Company Limited has determined that an applicant may select either a Three Year Savings Contract or a Five Year Savings Contract, his selection in that respect. 

		
	2.5
	Each application shall provide that, in the event of scaling down in accordance with Rule 3, the board of Unum European Holding Company Limited is authorised by the applicant to modify his application to apply such scaling down. 

		
	2.6
	Each application shall be deemed to be for an Option over the largest whole number of Shares as can be acquired at the Acquisition Price with the expected repayment under the related Savings Contract at the appropriate Bonus Date. 

		
	3.
	SCALING DOWN 

		
	3.1
	To the extent that valid applications are received in excess of any maximum number of Shares which may be determined by the board of Unum Group or, in the absence of any such determination after the effective date of this Scheme, the limit in Rule 5, including any reductions provided for therein, the board of Unum European Holding Company Limited shall scale down applications to the extent necessary in one of the following ways as may be determined by it in its discretion: 

		
	(a)
	in the event that the applicable Savings Contracts are Five Year Savings Contracts or applicants are permitted to select Five Year Savings Contracts: 

		
	(i)
	by treating all Five Year Savings Contracts as Three Year Savings Contracts; and then so far as necessary 

		
	(ii)
	first by reducing pro rata the proposed monthly contributions in excess of £10 and then, so far as necessary selecting by lot; 

or    
		
	(b)
	alternatively, by reducing pro rata the proposed Monthly Contributions in excess of £10 and then, so far as necessary, selecting by lot. 

		
	3.2
	Each application shall be deemed to have been modified or withdrawn in accordance with the application of the foregoing provisions and the board of Unum European Holding Company Limited shall complete each Savings Contract proposal form to apply any reduction in Monthly Contributions resulting therefrom. 

		
	4.
	GRANT OF OPTIONS 

		
	4.1
	No later than 30 days (or 42 days in the event that applications are scaled down under Rule 3) after the day by reference to which the Acquisition Price was fixed, the board of Unum European Holding Company Limited shall grant to each applicant who is still at the Date of Grant an Eligible Employee and is not precluded from participation in this Scheme by virtue of paragraph 10 of Schedule 3 an Option over the number of Shares for which, pursuant to Rule 2.6 and subject to Rule 3 he is deemed to have applied. 

	
			
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	4.2
	As soon as is practicable after having granted an Option to an Eligible Employee the board of Unum European Holding Company Limited shall issue to him an Option Certificate in respect of such Option. 

		
	4.3
	The Option Certificate shall be in such form, not inconsistent with these Rules, as the board of Unum European Holding Company Limited shall determine from time to time and shall state: 

		
	(a)
	the Date of Grant of the Option; and 

		
	(b)
	the Acquisition Price payable for each Share under the Option. 

		
	4.4
	Subject to the right of an Optionholder’s personal representatives to exercise an Option as provided in Rule 6.4, every Option shall be personal to the Eligible Employee to whom it is granted and shall not be capable of being transferred, assigned or charged. Any purported transfer, assignment or charge shall cause the Option to lapse forthwith. Each Option Certificate shall carry a statement to this effect. 

		
	5.
	SCHEME LIMITS 

		
	5.1
	The maximum number of Shares which may be allocated for subscription or purchase under this Scheme shall not exceed 200,000 Shares of Unum Group’s issued common stock, as adjusted pursuant to Rule 10 below, if applicable. 

		
	5.2
	For the purpose of the limit contained in Rule 5.1: 

		
	(a)
	any Shares which are already in issue when placed under Option; and 

		
	(b)
	any Shares comprised in any Option which is exercised, 

shall be included for the purpose of calculating the number of Shares under option as well as the number of Shares available for placing under Option. For the avoidance of doubt, any Shares granted under an option that has lapsed without exercise (in whole or in part) shall be excluded for the purpose of calculating the number of Shares under Option as well as the number of Shares available for placing under Option, for the purpose of the limit contained in Rule 5.1. 
		
	5.3
	No Option shall be granted to an Eligible Employee if the Monthly Contribution under the related Savings Contract would, when added to the Monthly Contributions then being made under any other Savings Contract, exceed the maximum specified in paragraph 25 of Schedule 3. 

		
	6.
	RIGHTS OF EXERCISE OF OPTIONS 

		
	6.1
	Save as provided 

		
	(a)
	in Rules 6.4, 6.5 and 6.7, and subject to Rule 7 an Option may be exercised only during the period commencing with the Bonus Date under the related Savings Contract; and 

		
	(b)
	in Rules 6.4(a) and (b), an Option may not be exercised after the expiry of the period of six months following the relevant Bonus Date. 

		
	6.2
	Save as provided in Rules 6.4 and 6.5, an Option may only be exercised by an Optionholder while he is a director or employee of a Constituent Company or an Associated Company of a Constituent Company. 

		
	6.3
	An Option may be exercised by the personal representatives of a deceased Optionholder: 

		
	(a)
	during the period of one year following the date of the Optionholder’s death if such death occurs before the Bonus Date; or 

	
			
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	(b)
	during the period of one year following the Bonus Date if the Optionholder’s death occurs within the period of six months after the Bonus Date. 

		
	6.5
	If an Optionholder ceases to be an Eligible Employee by reason of: 

		
	(a)
	injury or disability (evidenced to the satisfaction of Unum European Holding Company Limited); or 

		
	(b)
	redundancy (within the meaning of the Employment Rights Act 1996 or Employment Rights (Northern Ireland) Order 1996; or 

		
	(c)
	retirement; or 

		
	(d)
	a service provision charge or the transfer of the business, undertaking or part-undertaking in which the Optionholder is employed to a person other than a Constituent Company; or 

		
	(e)
	the company by which the Optionholder is employed ceasing to be under the Control of Unum Group; or 

		
	(f)
	the circumstances described in paragraph 34(2)(d) of Schedule 3; or 

		
	(g)
	provided more than three years have elapsed since the relevant Date of Grant: 

		
	(i)
	early retirement by agreement with his employer; or 

		
	(ii)
	pregnancy, and for the purposes of this Scheme, a woman who leaves employment due to pregnancy or confinement will be regarded as having left such employment on the earlier of the date she notifies the relevant Constituent Company of her intention not to return and the last day of the 52 week period of maternity leave; or 

		
	(iii)
	where an individual gives notification that they will not be returning from parental leave (within the meaning of the Employment Relations Act 1999),

the Option may be exercised within the period of six months following such cessation provided that if at a Bonus Date an Optionholder has ceased to hold any office or employment with a Constituent Company but holds an office or employment within an Associated Company or a company under the Control of Unum Group he may exercise an Option within six months of that Bonus Date. 
		
	6.6
	An Option shall lapse on the occurrence of the earliest of the following: 

		
	(a)
	subject to Rule 6.6(b), the expiry of the period of six months following the Bonus Date; or 

		
	(b)
	where the Optionholder has died, the expiry of the period during which the Option may be exercised in accordance with Rules 6.4(a) or (b); or

		
	(c)
	subject to Rule 9, the expiry of any of the applicable periods specified in Rules 6.4 and 6.5 and Rules 8.1, 8.2 and 8.3 but where an Optionholder dies while time is running under Rule 6.5, the Option shall not lapse until the expiry of the relevant period in Rule 6.4(a) or (b); or 

		
	(d)
	the date on which an Optionholder ceases to be a director or employee of any Constituent Company or any Associated Company of Unum Group for any reason other than his death or those specified in Rule 6.5; or 

		
	(e)
	the date which is six months after the date on which a resolution is passed by either or both of Unum Group or Unum European Holding Company Limited, or an order is made by an appropriate court having jurisdiction over Unum Group or Unum European 

	
			
	6

Holding Company Limited, or both, as the case may be (a “Court”), for the compulsory winding up of either or both of Unum Group or Unum European Holding Company Limited; or 
		
	(f)
	the date on which the Optionholder becomes bankrupt or does or omits to do anything as a result of which he is deprived of the legal or beneficial ownership of the Option. 

		
	7.
	EXERCISE OF OPTIONS 

		
	7.1
	No Option may be exercised at any time when the Shares which may thereby be acquired do not satisfy the conditions specified in paragraph 18 to 22 of Schedule 3. 

		
	7.2
	An Option may only be exercised with monies not exceeding the amount of repayment (including any Bonus or interest) made under the related Saving Contract. For this purpose, repayment under the Savings Contract shall exclude the repayment of any Monthly Contribution the due date for payment of which falls more than one month after the date on which repayment is made. 

		
	7.3
	Save as otherwise provided in this Scheme, an Option shall be exercisable in whole or in part by notice in writing (in the form prescribed by Unum European Holding Company Limited) given by the Optionholder (or his personal representatives, as the case may be) to Unum European Holding Company Limited. The notice of exercise of the Option shall be accompanied by the relevant Option Certificate and a remittance for the aggregate of the Acquisition Prices payable. 

		
	7.4
	Within 30 days of receipt of a notice of exercise, the Option Certificate and the appropriate remittance, the board of Unum European Holding Company Limited shall procure the allotment or procure the transfer of the Shares in respect of which the Option has been validly exercised and shall issue a definitive certificate in respect of the Shares allotted or transferred unless the board of Unum European Holding Company Limited considers that such allotment or transfer would not be lawful in the relevant jurisdiction.

		
	7.5
	Shares allotted under this Scheme shall rank pari passu in all respects with the Shares of the same class for the time being in issue save as regards any rights attaching to such Shares by reference to a record date prior to the date of allotment and, in the case of a transfer of existing Shares, the transferee shall not acquire any rights attaching to such Shares by reference to a record date prior to the date of such transfer. 

		
	7.6
	When an Option is exercised only in part, it shall lapse to the extent of the unexercised balance. 

		
	7.7
	If and so long as the Shares are listed on The New York Stock Exchange, Unum Group shall apply to The New York Stock Exchange for any Shares allotted under this Scheme to be listed on the New York Stock Exchange. 

		
	8.
	TAKEOVERS AND LIQUIDATIONS 

		
	8.1
	If any person obtains Control of Unum Group as a result of making: 

		
	(a)
	a general offer to acquire the whole of the issued common stock of Unum Group which is made on a condition such that it is satisfied the person making the offer will have Control of the company for which it made the general offer; or 

		
	(b)
	a general offer to acquire all the shares in Unum Group which are of the same class as the Shares, 

then any Subsisting Option may be exercised within six months of the time when the person making the offer has obtained Control of Unum Group and any condition subject to which the offer is made has been satisfied. For the purposes of this Rule 8.1 a person shall be deemed to have obtained Control of Unum Group if he and others acting in concert with him have together obtained Control of it. 

	
			
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	8.2
	In Rule 8.1, references to the issued common stock of Unum Group does not include any common stock already held by the person making the offer or a person connected with that person and references to shares in the Unum Group does not include any shares in the Unum Group already held by the person making the offer or a person connected with that person.  It does not matter, for the purposes of Rule 8.1 if the general offer is made to different persons by different means. 

		
	8.3
	If, under section 899 of the Companies Act 2006 or relevant equivalent legislation in the United States of America, a Court sanctions a compromise or arrangement proposed for the purposes of or in connection with a scheme for the reconstruction of Unum Group or its amalgamation with any other company or companies, any Subsisting Option may be exercised upon a Court sanctioning such compromise or arrangement, or within six months of a Court sanctioning such compromise or arrangement. 

		
	8.4
	If any person becomes bound or entitled to acquire Shares in Unum Group under sections 979 to 982 or 983 to 985 of the Companies Act 2006 or relevant equivalent legislation in the United States of America any Subsisting Option may be exercised at any time when that person remains so bound or entitled. 

		
	8.5
	If a Foreign Company Reorganisation is effected which is applicable to or affects:

		
	(a)
	all the issued common stock of Unum Group or all the shares of the same class as the Shares; or 

		
	(b)
	all the shares, or all the shares of that same class, which are held by a class of shareholders identified other than by reference to their employments or directorships or their participation in a Schedule 3 SAYE option scheme (as defined in Paragraph 40A of Schedule 3); 

then any Subsisting Option may be exercised within six months of the date on which the Foreign Company Reorganisation becomes binding on the shareholders or stockholders covered by it. 
		
	8.6
	For the purposes of Rule 8.4, a Foreign Company Reorganisation is an arrangement made in relation to a company under the law of a territory outside the United Kingdom:

		
	(a)
	which gives effect to a reorganisation of the company’s share capital by the consolidation of shares of different classes, or by the division of shares into shares of different classes or by both of these methods; and

		
	(b)
	which is approved by a resolution of the members of the relevant company in circumstances where the members voting in favour of approving the arrangement represent more than 50% of the total voting rights of all the members having the right to vote on the issue.  

		
	8.7
	If Unum Group passes a resolution for voluntary winding up, any Subsisting Option may be exercised within six months of the passing of the resolution. 

		
	8.8
	If a change of Control occurs in the circumstances described in Rule 8.1 or as a result of an event specified in Rule 8.3, 8.4 or 8.5 and, as a result of the change of Control, Shares will no longer satisfy the requirements of Part 4 of Schedule 3, Options may be exercised with the period of 20 days following the change of Control. If the Option is not exercised, the Option will lapse on the expiry of 20 days following the change of Control.

		
	8.9
	If the board of Unum Group reasonably expects an event as described in either of Rules 8.1, 8.3, 8.4 or 8.5 to occur, it may make arrangements permitting Options to be exercised for a period of 20 days ending with that event. If an Option is exercised under this Rule, it will be treated as having been exercised in accordance with either Rule 8.1, 8.3, 8.4 or 8.5, as appropriate. If the board of Unum Group makes arrangements for the exercise of Options under this Rule 8.9 in respect of an event, then unless the board determines otherwise any Option not 

	
			
	8

exercised in accordance with those arrangements will lapse on the date of the relevant event, and if the relevant event does not occur within 20 days of the date of purported exercise, the Option shall be treated as not having been exercised.
		
	9.
	EXCHANGE OF OPTIONS ON A TAKEOVER 

		
	9.1
	Notwithstanding the provisions of Rule 8, if any company (“the Acquiring Company”) obtains Control of Unum Group or becomes bound or entitled to acquire shares in Unum Group within any of the sets of circumstances specified in Rules 8.1, 8.3, 8.4 and 8.5, any Optionholder may at any time within the Appropriate Period, by agreement with the Acquiring Company, release each Subsisting Option (“the Old Option”) in consideration of the grant to him of a new Option (“the New Option”) which satisfies the conditions that it: 

		
	(a)
	is over shares in the Acquiring Company or some other company falling within paragraph 39(2)(b) of Schedule 3, which satisfy the conditions specified in paragraphs 18 to 22 inclusive of Schedule 3; 

		
	(b)
	is a right to acquire such number of such shares as has on acquisition of the New Option an aggregate market value equal to the aggregate market value of the Shares subject to the Old Option immediately before its release; 

		
	(c)
	has an Acquisition Price per share such that the aggregate price payable on the complete exercise of the New Option equals the aggregate price which would have been payable on complete exercise of the Old Option; and 

		
	(d)
	is otherwise identical in terms to the Old Option. 

Where any New Options are granted pursuant to this Rule 9.1 they shall be regarded for the purposes of the subsequent application of the provisions of this Scheme as having been granted at the time when the corresponding Old Options were granted and, with effect from the date on which the New Options are granted, Rules 6, 7, 8, 9, 10, 14.2, 14.3, 14.4 and 14.5 (and, in relation to expressions used in those Rules, Rule 1) of this Scheme shall, in relation to the New Options, be construed as if references to Unum Group and to the Shares were references to the Acquiring Company and to shares in the Acquiring Company or, as the case may be, to the other company to whose shares the New Options relate and to the shares in that other company, but references to Constituent Company shall continue to be construed as defined herein. 
		
	9.2
	For the purpose of Rule 9.1(b), the relevant market values shall be determined using a methodology agreed with HM Revenue & Customs, and without reference to any restrictions (as defined in paragraph 48(3) of Schedule 3) to which the relevant Shares may be subject.  

		
	9.3
	As soon as practicable after having granted the New Option in accordance with the provisions of Rule 9.1 the Acquiring Company shall issue an Option Certificate in respect of such Option or shall procure that such an Option Certificate is issued. The Option Certificate shall state: 

		
	(a)
	the date on which the Old Option (which has been released in consideration of the grant of the New Option) was granted; 

		
	(b)
	the number and class of shares subject to the New Option; 

		
	(c)
	the Acquisition Price payable for each share under the New Option; 

		
	(d)
	the last date on which a notice exercising the New Option can be given, 

and subject as aforesaid shall be issued in such form and manner as the board of Unum European Holding Company Limited may from time to time prescribe. 
		
	9.3
	Unum Group will remain the scheme organizer (as defined in paragraph 2(2) of Schedule 3) following the release of the Old Options and the grant of any New Options.

	
			
	9

		
	9.4
	Where in accordance with Rule 9.1 Subsisting Options are released and New Options granted, the New Option shall not be exercisable in accordance with Rules 8.1 to 8.5 by virtue of the event by reason of which the New Options were granted. 

		
	10.
	VARIATION OF SHARE CAPITAL 

		
	10.1
	In the event of any capitalisation, consolidation, sub-division, reorganization or reduction of the share capital of Unum Group and in respect of any discount element in any rights issue or any other variation in the share capital of Unum Group: 

		
	(a)
	the number and description (but not the class) of Shares or other securities comprised in an Option; 

		
	(b)
	their Acquisition Price; and 

		
	(c)
	where an Option has been exercised but no Shares have been allotted or transferred in satisfaction of such exercise, the number and description (but not the class) of Shares or other securities to be so allotted or transferred and their Acquisition Price, 

shall be varied in such manner as the board of Unum Group determines to be appropriate and (save in the event of a capitalisation) the Auditors shall confirm in writing to be in their opinion fair and reasonable, provided: 
		
	(d)
	that no variation shall be made which would result in the Acquisition Price for an allotted Share being less than its nominal value; 

		
	(e)
	that the total Market Value of Shares is subject to the Option is substantially the same immediately after the variation or variations as it was immediately before the variation or variations;

		
	(f)
	that the total Acquisition Price immediately after the variation or variations is substantially the same as it was immediately before the variation or variations;

		
	(g)
	the aggregate amount payable on the exercise of an Option in full is neither materially changed nor is increased beyond the expected repayment under the Savings Contract at the appropriate Bonus Date; and 

		
	(h)
	following the adjustment the Shares continue to satisfy the conditions specified in paragraphs 18 to 22 of Schedule 3. 

		
	10.2
	The board of Unum Group may take such steps as it may consider necessary to notify Optionholders of any adjustments made under Rule 10.1 and to call in, cancel, endorse, issue or re-issue any Option Certificate consequent upon such adjustment. 

		
	11.
	ADMINISTRATION 

		
	11.1
	The board of Unum Group shall have power from time to time

		
	(a)
	to make and vary such regulations (not being inconsistent with this Scheme) for the implementation and administration of this Scheme as they think fit; and 

		
	(b)
	to delegate some or all of its powers to a Committee consisting of not less than one person including a ‘direct delegate’ or an ‘indirect delegate.’ A direct delegate for these purposes is the Human Capital Committee of Unum Group and an indirect delegate for these purposes is the CEO, or the Senior Vice President of Human Resources of Unum Group.

		
	11.2
	The decision of the board of Unum Group shall be final and binding in all matters relating to this Scheme (other than in the case of matters to be determined or confirmed by the Auditors in accordance with this Scheme).

	
			
	10

		
	11.3
	The costs of establishing and administering this Scheme shall be borne by Unum European Holding Company Limited. 

		
	11.4
	Neither Unum Group nor Unum European Holding Company Limited shall be obliged to provide Eligible Employees or Optionholders with copies of any notices circulars or other documents sent to stockholders of Unum Group. 

		
	12.
	DATA PROTECTION 

By accepting the grant of an Option, each Optionholder agrees to:
		
	(a)
	the collection, use and processing by Unum Group, Unum European Holding Company Limited, any other Constituent Company and any administrator of the Scheme of Personal Data relating to the Optionholder, for all purposes reasonably connected with the administration of this Scheme and the subsequent registration of the Optionholder or any other person as a holder of Shares acquired pursuant to the exercise of an Option;

		
	(b)
	Unum Group, Unum European Holding Company Limited, any other Constituent Company and any administrator of the Scheme transferring Personal Data to or between any such persons for all purposes reasonably connected with the administration of the Scheme;

		
	(c)
	the use of such Personal Data by any such person for such purposes in accordance with current data protection legislation; and 

		
	(d)
	the transfer to and retention of such Personal Data by any third party for such purposes.

		
	13.
	AMENDMENTS 

		
	13.1
	The Rules may be amended in any respect by resolution of the board of Unum Group provided that: 

		
	(a)
	where any alteration is to the material advantage of Eligible Employees or Optionholders or would increase the limit specified in Rule 5.1, it will not be effective without the prior approval of Unum Group in general meeting; 

		
	(b)
	where any amendment would abrogate or adversely affect the subsisting rights of Optionholders it will not be effective unless such amendment is approved by the board of Unum Group; and 

		
	(c)
	where there is an amendment to a Key Feature, the board of Unum Group must comply, or procure that Unum European Holding Company Limited complies, with the requirement of paragraph 40B(6) of Schedule 3 to make a declaration in the annual return to HMRC for the relevant tax year that the requirements of Parts 2 to 7 of Schedule 3 are met in relation to this Scheme. 

except that any amendment or addition which the board of Unum Group consider necessary or desirable in order to: 
		
	(d)
	benefit the administration of this Scheme; or 

		
	(e)
	comply with or take account of the provisions or any proposed or existing legislation; or 

		
	(f)
	take account of any of the events mentioned in Rule 10; or 

		
	(g)
	obtain or maintain favourable tax or regulatory treatment (by, from or with respect to any taxing or revenue authority) for Unum Group, Unum European Holding Company Limited or any other Constituent Company or any Optionholder, 

	
			
	11

may be made by resolution of the board of Unum Group, or if authorised by the board of Unum Group, of the board of Unum European Holding Company Limited, provided that such amendments or additions do not affect a Key Feature of this Scheme.  In any instance in this Section 13.1 in which the consent of the Board of Directors of Unum Group is required, its Human Resources Committee, comprised of independent directors of the Board of Directors of Unum Group, shall have the authority and/or responsibility to act or refrain from any action assigned under these Rules to the Board of Directors of Unum Group in accordance with action of such Board of Directors granting such authority.
		
	13.2
	Written notice of any material amendments to this Scheme, meaning for purposes of this Rule 13 any amendment to a Key Feature, shall be given to all Optionholders by Unum European Holding Company Limited within a reasonable time after any such amendment is approved. 

		
	14.
	GENERAL 

		
	14.1
	This Scheme shall commence upon the later of the date of approval by Unum Group in a general meeting and the date of its adoption by the board of Unum Group and shall (unless previously terminated by a resolution of the board of Unum Group) terminate upon the expiry of the period of 5 years from such date. Upon termination (howsoever occurring) no further Options may be granted but such termination shall be without prejudice to any accrued rights in existence at the date thereof. 

		
	14.2
	Unum Group will at all times keep available sufficient authorised and unissued Shares, or shall ensure that sufficient Shares will be available, to satisfy the exercise to the full extent still possible of all Subsisting Options, taking account of any other obligations of Unum Group to issue Shares. 

		
	14.3
	Notwithstanding any other provisions of this Scheme: 

		
	(a)
	this Scheme shall not form part of any contract of employment or agreement for service or services between any Constituent Company and any employee or officer of any such company and the rights and obligations of any individual under the terms of his office or employment with any Constituent Company shall not be affected by his participation in this Scheme or any right which he may have to participate in it and this Scheme shall afford such an individual no additional rights to compensation or damages in consequence of the termination of such office or employment for any reason whatsoever; 

		
	(b)
	this Scheme shall not confer on any person any legal or equitable rights (other than those constituting the Options themselves) against any Constituent Company directly or indirectly, or give rise to any cause of action at law or in equity against any Constituent Company; and 

		
	(c)
	no Optionholder shall be entitled to any compensation or damages for any loss or potential loss which he may suffer by reason of being unable to exercise an Option in consequence of the loss or termination of his office or employment with any Constituent Company for any reason whatsoever. 

		
	14.4
	Save as otherwise provided in this Scheme any notice or communication to be given to any Eligible Employee or Optionholder, but not including Option Certificates or share certificates, may be personally delivered, sent by electronic means, posted to a website generally accessible to such eligible Employees and Optionholders, or sent by ordinary post to his last known address. A notice delivered personally shall be deemed to have been received upon the earlier of delivery in person, acceptance or refusal to accept such communication. Where a notice or communication is sent by post it shall be deemed to have been received 48 hours after the same was put into the post properly addressed and stamped. Where a notice is sent electronically or posted to a website as described herein, the notice shall be deemed to have been received 24 hours after the same was sent or posted, as the case may be. Option Certificates or share certificates shall be delivered personally or sent by ordinary post to the last known address of 

	
			
	12

the Eligible Employee or Optionholder concerned. Where a notice or communication is sent by post it shall be deemed to have been received 48 hours after the same was put into the post properly addressed and stamped. Option Certificates or share certificates and other communications sent by post will be sent at the risk of the Eligible Employee or Optionholder concerned and neither Unum Group, Unum European Holding Company Limited or any Constituent Company shall have any liability whatsoever to any such person in respect of any notification, document, Option Certificate or share certificate or other communication so given, sent to made. 
		
	14.5
	All notices to be provided by any Eligible Employee or Optionholder or any representative thereof shall be delivered or sent to Unum European Holding Company Limited at its registered office and shall be effective upon receipt. 

		
	14.6
	This Scheme and all Options granted under it shall be governed by and construed in accordance with English law. 

		
	14.7
	Any dispute arising out of or in connection with this Scheme, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the London Court of International Arbitration Rules, which Rules are deemed to be incorporated by reference into this clause. 

		
	(a)
	the number of arbitrators shall be one; 

		
	(b)
	the seat, or legal place, of arbitration shall be London, England; 

		
	(c)
	the language to be used in the arbitral proceedings shall be English; and 

		
	(d)
	the governing law of the contract shall be the substantive law of England. 

	
			
	13Exhibit 4.9

 

CAPRICOR THERAPEUTICS, INC.

 

2020 EQUITY INCENTIVE PLAN

 

Capricor Therapeutics,
Inc., a Delaware corporation (the “Company”), sets forth herein the terms of this 2020 Equity Incentive Plan
(the “Plan”).

 

1.                 
Purposes of the Plan. The purposes of this Plan are:

 

		·	to attract and retain the best available personnel for positions of substantial responsibility,

 

		·	to provide additional incentive to Employees, Directors and Consultants, and

 

		·	to promote the success of the Company’s business.

 

The Plan permits the
grant of Incentive Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock and Restricted Stock
Units.

 

2.                 
Definitions. As used herein, the following definitions will apply:

 

(a)              
“Administrator” means the Board or any of its Committees as will be administering the Plan, in accordance
with Section 4 of the Plan.

 

(b)              
“Applicable Laws” means the requirements relating to the administration of equity-based awards under
U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the
Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Awards are, or will be, granted
under the Plan.

 

(c)              
“Award” means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights,
Restricted Stock, or Restricted Stock Units.

 

(d)              
“Award Agreement” means the written or electronic agreement setting forth the terms and provisions applicable
to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan.

 

(e)              
“Board” means the Board of Directors of the Company.

 

(f)               
“Code” means the Internal Revenue Code of 1986, as amended. Any reference to a section of the Code herein
will be a reference to any successor or amended section of the Code.

 

(g)              
“Committee” means a committee of Directors or of other individuals satisfying Applicable Laws appointed
by the Board, or by the Compensation Committee of the Board, in accordance with Section 4 hereof.

 

    1

    

    

 

(h)              
“Common Stock” means the common stock of the Company, par value $0.001 per share.

 

(i)                
“Company” means Capricor, Inc., a Delaware corporation, or any successor thereto.

 

(j)                
“Compensation Committee” means the Compensation Committee appointed by the Board, consisting of two or
more members of the Board, each of whom is intended to be (i) a “non-Employee Director” within the meaning of Rule
16b-3 under the Exchange Act and (ii) “independent” within the meaning of the rules of The Nasdaq Capital Market.

 

(k)              
“Consultant” means any individual, including an advisor, engaged by the Company or a Parent or Subsidiary
to render services to such entity. For the avoidance of doubt, the term “Consultant” shall not include any entity or
any non-natural person.

 

(l)                
“Corporate Transaction” means (i) the dissolution or liquidation of the Company or a merger, consolidation,
or reorganization of the Company with one or more other entities in which the Company is not the surviving entity, (ii) a sale
of substantially of all of the assets of the Company to another person or entity, or (iii) any transaction (including without limitation
a merger or reorganization in which the Company is the surviving entity) which results in any person or entity (other than persons
who are shareholders or affiliates immediately prior to the transaction) owning 50% or more the combined voting power of all classes
of stock of the Company. The Administrator shall have discretion as to whether a transactions qualifies as a Corporate Transaction.

 

Notwithstanding the foregoing,
a transaction will not be deemed a Corporate Transaction unless the transaction qualifies as a change in control event within the
meaning of Code Section 409A, as it has been and may be amended from time to time, and any proposed or final Treasury Regulations
and Internal Revenue Service guidance that has been promulgated or may be promulgated thereunder from time to time.

 

Further and for the avoidance
of doubt, a transaction will not constitute a Corporate Transaction if: (i) its sole purpose is to change the state of the Company’s
incorporation; (ii) its sole purpose is to create a holding company that will be owned in substantially the same proportions by
the persons who held the Company’s securities immediately before such transaction; or (iii) if the transaction is for capital-raising
purposes.

 

(m)             
“Director” means a member of the Board.

 

(n)              
“Disability” means total and permanent disability as defined in Code Section 22(e)(3), provided that
in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent
and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time
to time.

 

(o)              
“Employee” means any person, including officers and Directors, employed by the Company or any Parent
or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient
to constitute “employment” by the Company.

 

    2

    

    

 

(p)              
“Exchange Act” means the Securities Exchange Act of 1934, as amended.

 

(q)              
“Exchange Program” means a program under which (i) outstanding Awards are surrendered or cancelled in
exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different
type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or
other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased.
The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.

 

(r)               
“Fair Market Value” means the closing price of the Common Stock in such exchange or in such market (if
there is more than one such exchange or market the Board shall determine the appropriate exchange or market) on the Grant Date
or such other determination date (or if there is no such reported closing price, the Fair Market Value shall be the mean between
the highest bid and lowest asked prices or between the high and low sale prices on such trading day) or, if no sale of Common Stock
is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the Common Stock is
not listed on such an exchange, quoted on such system or traded on such a market, Fair Market Value shall be the value of the Common
Stock as determined by the Board in good faith.

 

(s)               
“Grant Date” means, as determined by the Board or the applicable Committee, the latest to occur of (i)
the date as of which the Board or such Committee approves an Option, (ii) the date on which the recipient of an Option first becomes
eligible to receive an Option under Section 5 hereof, or (iii) such other date as may be specified by the Board or such Committee.

 

(t)                
“Incentive Stock Option” means an Option that by its terms qualifies and is otherwise intended to qualify
as an incentive stock option within the meaning of Code Section 422 and the regulations promulgated thereunder.

 

(u)              
“Nonstatutory Stock Option” means an Option that by its terms does not qualify or is not intended to
qualify as an Incentive Stock Option.

 

(v)              
“Option” means a stock option granted pursuant to the Plan.

 

(w)            
“Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Code
Section 424(e).

 

(x)              
“Participant” means the holder of an outstanding Award.

 

(y)              
“Period of Restriction” means the period during which the transfer of Shares of Restricted Stock are
subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based
on the passage of time, the achievement of target levels of performance, or the occurrence of other events as determined by the
Administrator.

 

    3

    

    

 

(z)              
“Plan” means this 2020 Equity Incentive Plan.

 

(aa)            
“Restricted Stock” means Shares issued pursuant to an Award of Restricted Stock under Section 8 of this
Plan, or issued pursuant to the early exercise of an Option.

 

(bb)          
“Restricted Stock Unit” means a bookkeeping entry representing an amount equal to the Fair Market Value
of one Share, granted pursuant to Section 9. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the
Company.

 

(cc)            
“Securities Act” means the Securities Act of 1933, as amended.

 

(dd)           
“Service Provider” means an Employee, Director or Consultant.

 

(ee)           
“Share” means a share of the Common Stock, as adjusted in accordance with Section 12 of the Plan.

 

(ff)             
“Stock Appreciation Right” means an Award, granted alone or in connection with an Option, that pursuant
to Section 7 is designated as a Stock Appreciation Right.

 

(gg)           
“Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in
Code Section 424(f).

 

3.                 
Stock Subject to the Plan.

 

(a)              
Stock Subject to the Plan. Subject to the provisions of Section 12 of the Plan, the maximum aggregate number of Shares
that may be subject to Awards and sold under the Plan is 2,500,000 Shares. The Shares may be authorized but unissued, or reacquired
Common Stock. In addition, Shares may become available for issuance under the Plan pursuant to Section 3(d). The Shares may be
authorized but unissued, or reacquired Common Stock. No one Participant may be granted options with respect to more than 1,000,000
Shares in any one calendar year. In addition, no one Participant may be granted Stock Appreciation Rights with respect to more
than 1,000,000 Shares in any one calendar year.

 

(b)              
Lapsed Awards. If an Award expires or becomes unexercisable without having been exercised in full, is surrendered
pursuant to an Exchange Program, or, with respect to Restricted Stock or Restricted Stock Units, is forfeited to or repurchased
by the Company due to the failure to vest, the unpurchased Shares (or for Awards other than Options or Stock Appreciation Rights
the forfeited or repurchased Shares) which were subject thereto will become available for future grant or sale under the Plan (unless
this Plan has terminated). With respect to Stock Appreciation Rights, only Shares actually issued pursuant to a Stock Appreciation
Right will cease to be available under the Plan; all remaining Shares under Stock Appreciation Rights will remain available for
future grant or sale under the Plan (unless the Plan has terminated). Shares that have actually been issued under the Plan under
any Award will not be returned to the Plan and will not become available for future distribution under the Plan; provided, however,
that if Shares issued pursuant to Awards of Restricted Stock or Restricted Stock Units are repurchased by the Company or are forfeited
to the Company due to the failure to vest, such Shares will become available for future grant under the Plan. Shares used to pay
the exercise price of an Award or to satisfy the tax withholding obligations related to an Award will become available for future
grant or sale under the Plan. To the extent an Award under the Plan is paid out in cash rather than Shares, such cash payment will
not result in reducing the number of Shares available for issuance under the Plan. Notwithstanding the foregoing and, subject to
adjustment as provided in Section 12, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options
will equal the aggregate Share number stated in Section 3(a), plus, to the extent allowable under Code Section 422 and the Treasury
Regulations promulgated thereunder, any Shares that become available for issuance under the Plan pursuant to Section 3(b).

 

    4

    

    

 

(c)              
Share Reserve. The Company, during the term of this Plan, will at all times reserve and keep available such number
of Shares as will be sufficient to satisfy the requirements of the Plan.

 

(d)              
Automatic Share Reserve Increase. Subject to the provisions of Section 12 of the Plan, the number of Shares
available for issuance under the Plan shall be automatically increased on January 1 of each year, commencing with January 1, 2021,
by an amount equal to the lesser of (i) four percent (4%) of the outstanding shares of Common Stock as of the last day of the immediately
preceding fiscal year (rounded down to the nearest whole share), or (ii) such number of shares of Common Stock determined by the
Compensation Committee in its sole discretion.

 

4.                 
Administration of the Plan.

 

(a)              
Procedure.

 

(i)                
Multiple Administrative Bodies. Different Committees with respect to different groups of Service Providers may administer
the Plan.

 

(ii)              
Other Administration. Other than as provided above, the Plan will be administered by (A) the Board or (B) a Committee,
which Committee will be constituted to satisfy Applicable Laws.

 

(b)              
Powers of the Administrator. Subject to the provisions of the Plan, and in the case of a Committee, subject to the
specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion:

 

(i)                
to determine the Fair Market Value;

 

(ii)              
to select the Service Providers to whom Awards may be granted hereunder;

 

(iii)             
to determine the number of Shares to be covered by each Award granted hereunder;

 

(iv)             
to approve forms of Award Agreements for use under the Plan;

 

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

 

    5

    

    

 

(vi)             
to institute and determine the terms and conditions of an Exchange Program;

 

(vii)            
to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan;

 

(viii)           
to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to
sub-plans established for the purpose of satisfying applicable foreign laws or for qualifying for favorable tax treatment under
applicable foreign laws;

 

(ix)             
to modify or amend each Award (subject to Section 17(c) of the Plan), including but not limited to the discretionary authority
to extend the post-termination exercisability period of Awards and to extend the maximum term of an Option (subject to Section
6(d));

 

(x)               
to allow Participants to satisfy withholding tax obligations in a manner prescribed in Section 13;

 

(xi)              
to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously
granted by the Administrator;

 

(xii)             
to allow a Participant to defer the receipt of the payment of cash or the delivery of Shares that otherwise would be due
to such Participant under an Award; and

 

(xiii)            
to make all other determinations deemed necessary or advisable for administering the Plan.

 

(c)              
Effect of Administrator’s Decision. The Administrator’s decisions, determinations and interpretations
will be final and binding on all Participants and any other holders of Awards.

 

5.                 
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, and Restricted Stock Units
may be granted to Service Providers. Incentive Stock Options may be granted only to Employees.

 

6.                 
Stock Options.

 

(a)              
Grant of Options. Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to
time, may grant Options in such amounts as the Administrator, in its sole discretion, will determine.

 

(b)              
Option Agreement. Each Award of an Option will be evidenced by an Award Agreement that will specify the exercise
price, the term of the Option, the number of Shares subject to the Option, the exercise restrictions, if any, applicable to the
Option, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

 

    6

    

    

 

(c)              
Limitations. Each Option will be designated in the Award Agreement as either an Incentive Stock Option or a Nonstatutory
Stock Option. Notwithstanding such designation, however, to the extent that the aggregate Fair Market Value of the Shares with
respect to which Incentive Stock Options are exercisable for the first time by the Participant during any calendar year (under
all plans of the Company and any Parent or Subsidiary) exceeds one hundred thousand dollars ($100,000), such Options will be treated
as Nonstatutory Stock Options. For purposes of this Section 6 (c), Incentive Stock Options will be taken into account in the order
in which they were granted, the Fair Market Value of the Shares will be determined as of the time the Option with respect to such
Shares is granted, and calculation will be performed in accordance with Code Section 422 and Treasury Regulations promulgated thereunder.

 

(d)              
Term of Option. The term of each Option will be stated in the Award Agreement; provided, however, that the term will
be no more than ten (10) years from the date of grant thereof. In the case of an Incentive Stock Option granted to a Participant
who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the total combined
voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option will be
five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement.

 

(e)              
Option Exercise Price and Consideration.

 

(i)                
Exercise Price. The per Share exercise price for the Shares to be issued pursuant to the exercise of an Option will
be determined by the Administrator, but will be no less than one hundred percent (100%) of the Fair Market Value per Share on the
date of grant. In addition, in the case of an Incentive Stock Option granted to an Employee who owns stock representing more than
ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share exercise
price will be no less than one hundred ten percent (110%) of the Fair Market Value per Share on the date of grant. Notwithstanding
the foregoing provisions of this Section 6(e)(i), Options may be granted with a per Share exercise price of less than one hundred
percent (100%) of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner
consistent with, Code Section 424(a).

 

(ii)                Waiting Period and Exercise Dates. At the time an Option is granted, the Administrator will fix the period within
which the Option may be exercised and will determine any conditions that must be satisfied before the Option may be exercised.

 

(iii)             
Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option,
including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form
of consideration. Such consideration may consist entirely of: (1) cash; (2) check; (3) promissory note, to the extent permitted
by Applicable Laws, (4) other Shares, provided that such Shares have a Fair Market Value on the date of surrender equal to the
aggregate exercise price of the Shares as to which such Option will be exercised and provided further that accepting such Shares
will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion;
(5) consideration received by the Company under cashless exercise program (whether through a broker or otherwise) implemented by
the Company in connection with the Plan; (6) by net exercise, (7) such other consideration and method of payment for the issuance
of Shares to the extent permitted by Applicable Laws, or (8) any combination of the foregoing methods of payment. In making its
determination as to the type of consideration to accept, the Administrator will consider if acceptance of such consideration may
be reasonably expected to benefit the Company.

 

    7

    

    

 

(f)               
Exercise of Option.

 

(i)                
Procedure for Exercise; Rights as a Stockholder. Any Option granted hereunder will be exercisable according to the
terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement.
An Option may not be exercised for a fraction of a Share.

 

An Option will be deemed
exercised when the Company receives: (i) notice of exercise (in such form as the Administrator may specify from time to time) from
the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised
(together with applicable tax withholding). Full payment may consist of any consideration and method of payment authorized by the
Administrator and permitted by the Award Agreement and the Plan. Shares issued upon exercise of an Option will be issued in the
name of the Participant or, if requested by the Participant, in the name of the Participant and his or her spouse. Until the Shares
are issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company),
no right to vote or receive dividends or any other rights as a stockholder will exist with respect to the Shares subject to an
Option, notwithstanding the exercise of the Option. The Company will issue (or cause to be issued) such Shares promptly after the
Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the
Shares are issued, except as provided in Section 12 of the Plan.

 

Exercising an Option
in any manner will decrease the number of Shares thereafter available, both for purposes of the Plan and for sale under the Option,
by the number of Shares as to which the Option is exercised.

 

(ii)              
Termination of Relationship as a Service Provider. If a Participant ceases to be a Service Provider, other than upon
the Participant’s termination as the result of the Participant’s death or Disability, the Participant may exercise
his or her Option within ninety (90) days of termination, or such longer period of time as is specified in the Award Agreement
or as determined by the Administrator (but in no event later than the expiration of the term of such Option as set forth in the
Award Agreement) to the extent that the Option is vested on the date of termination. Unless otherwise provided by the Administrator,
if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested
portion of the Option will revert to the Plan. If after termination the Participant does not exercise his or her Option within
the time specified by the Administrator, the Option will terminate, and the Shares covered by such Option will revert to the Plan.

 

    8

    

    

 

(iii)             
Disability of Participant. If a Participant ceases to be a Service Provider as a result of the Participant’s
Disability, the Participant may exercise his or her Option within one (1) year of termination, or such longer period of time as
is specified in the Award Agreement or as determined by the Administrator (but in no event later than the expiration of the term
of such Option as set forth in the Award Agreement) to the extent the Option is vested on the date of termination. Unless otherwise
provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the
Shares covered by the unvested portion of the Option will revert to the Plan. If after termination the Participant does not exercise
his or her Option within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert
to the Plan.

 

(iv)            
Death of Participant. If a Participant dies while a Service Provider, the Option may be exercised within one (1)
year following the Participant’s death, or within such longer period of time as is specified in the Award Agreement or as
determined by the Administrator (but in no event later than the expiration of the term of such Option as set forth in the Award
Agreement) to the extent that the Option is vested on the date of death, by the Participant’s designated beneficiary, provided
such beneficiary has been designated prior to the Participant’s death in a form acceptable to the Administrator. If no such
beneficiary has been designated by the Participant, then such Option may be exercised by the personal representative of the Participant’s
estate or by the person(s) to whom the Option is transferred pursuant to the Participant’s will or in accordance with the
laws of descent and distribution. Unless otherwise provided by the Administrator, if at the time of death Participant is not vested
as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan. If
the Option is not so exercised within the time specified herein, the Option will terminate, and the Shares covered by such Option
will revert to the Plan.

 

(v)              
Early Exercise of Options. The Participant may elect at any time, subject to the provisions of Sections 6(f)(ii),
6(f)(iii), and 6(f)(iv) of the Plan and the terms of any Award Agreement, to exercise the Option as to any part or all of the shares
of Common Stock subject to the Option prior to the full vesting of the Option. Any unvested shares of Common Stock so purchased
shall be subject to a repurchase right in favor of the Company or to any other restriction the Board determines to be appropriate.

 

(vi)             
Repurchase Limitation. The repurchase price for unvested shares of Common Stock shall be the lower of (i) the Fair
Market Value of the shares of Common Stock on the date of repurchase or (ii) their original purchase price. However, if and to
the extent that the Company elects to exercise its repurchase right, the Company shall not exercise its repurchase right until
at least six (6) months (or such longer or shorter period of time necessary to avoid classification of the Award as a liability
for financial accounting purposes) have elapsed following delivery of shares of Common Stock subject to the Award, unless otherwise
specifically provided by the Board.

 

7.                 
Stock Appreciation Rights.

 

(a)              
Grant of Stock Appreciation Rights. Subject to the terms and conditions of the Plan, a Stock Appreciation Right may
be granted to Service Providers at any time and from time to time as will be determined by the Administrator, in its sole discretion.

 

(b)              
Number of Shares. The Administrator will have complete discretion to determine the number of Shares subject to any
Award of Stock Appreciation Rights.

 

    9

    

    

 

(c)              
Exercise Price and Other Terms. The per Share exercise price for the Shares that will determine the amount of the
payment to be received upon exercise of a Stock Appreciation Right as set forth in Section 7(f) will be determined by the Administrator
and will be no less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant. Otherwise, the Administrator,
subject to the provisions of the Plan, will have complete discretion to determine the terms and conditions of Stock Appreciation
Rights granted under the Plan.

 

(d)              
Stock Appreciation Right Agreement. Each Stock Appreciation Right grant will be evidenced by an Award Agreement that
will specify the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and
conditions as the Administrator, in its sole discretion, will determine.

 

(e)              
Expiration of Stock Appreciation Rights. A Stock Appreciation Right granted under the Plan will expire upon the date
determined by the Administrator, in its sole discretion, and set forth in the Award Agreement.

 

Notwithstanding the
foregoing, the rules of Section 6(d) relating to the maximum term and Section 6(f) relating to exercise also will apply to Stock
Appreciation Rights.

 

(f)               
Payment of Stock Appreciation Right Amount. Upon exercise of a Stock Appreciation Right, a Participant will be entitled
to receive payment from the Company in an amount determined by multiplying: (i) The difference between the Fair Market Value of
a Share on the date of exercise over the exercise price; times (ii) The number of Shares with respect to which the Stock Appreciation
Right is exercised.

 

At the discretion of
the Administrator, the payment upon Stock Appreciation Right exercise may be in cash, in Shares of equivalent value, or in some
combination thereof.

 

8.                 
Restricted Stock.

 

(a)              
Grant of Restricted Stock. Subject to the terms and provisions of the Plan, the Administrator, at any time and from
time to time, may grant Shares of Restricted Stock to Service Providers in such amounts as the Administrator, in its sole discretion,
will determine.

 

(b)              
Restricted Stock Agreement. Each Award of Restricted Stock will be evidenced by an Award Agreement that will specify
the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Administrator, in its sole
discretion, will determine. Unless the Administrator determines otherwise, the Company as escrow agent will hold Shares of Restricted
Stock until the restrictions on such Shares have lapsed.

 

(c)              
Transferability. Except as provided in this Section 8 or as the Administrator determines, Shares of Restricted Stock
may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period
of Restriction.

 

(d)              
Other Restrictions. The Administrator, in its sole discretion, may impose such other restrictions on Shares of Restricted
Stock as it may deem advisable or appropriate.

 

    10

    

    

 

(e)              
Removal of Restrictions. Except as otherwise provided in this Section 8, Shares of Restricted Stock covered
by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the
Period of Restriction or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate
the time at which any restrictions will lapse or be removed.

 

(f)               
Voting Rights. During the Period of Restriction, Service Providers holding Shares of Restricted Stock granted hereunder
may exercise full voting rights with respect to those Shares, unless the Administrator determines otherwise.

 

(g)              
Dividends and Other Distributions. During the Period of Restriction, Service Providers holding Shares of Restricted
Stock will be entitled to receive all dividends and other distributions paid with respect to such Shares, unless the Administrator
provides otherwise. If any such dividends or distributions are paid in Shares, the Shares will be subject to the same restrictions
on transferability and forfeitability as the Shares of Restricted Stock with respect to which they were paid.

 

(h)              
Return of Restricted Stock to Company. On the date set forth in the Award Agreement, the Restricted Stock for which
restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan.

 

9.                 
Restricted Stock Units.

 

(a)              
Grant. Restricted Stock Units may be granted at any time and from time to time as determined by the Administrator.
After the Administrator determines that it will grant Restricted Stock Units, it will advise the Participant in an Award Agreement
of the terms, conditions, and restrictions related to the grant, including the number of Restricted Stock Units.

 

(b)              
Vesting Criteria and Other Terms. The Administrator will set vesting criteria in its discretion, which, depending
on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant.
The Administrator may set vesting criteria based upon the achievement of Company-wide, business unit, or individual goals (including,
but not limited to, continued employment or service), or any other basis determined by the Administrator in its discretion.

 

(c)              
Earning Restricted Stock Units. Upon meeting the applicable vesting criteria, the Participant will be entitled to
receive a payout as determined by the Administrator. Notwithstanding the foregoing, at any time after the grant of Restricted Stock
Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout.

 

(d)              
Form and Timing of Payment. Payment of earned Restricted Stock Units will be made as soon as practicable after the
date(s) determined by the Administrator and set forth in the Award Agreement. The Administrator, in its sole discretion, may settle
earned Restricted Stock Units in cash, Shares, or a combination of both.

 

(e)              
Cancellation. On the date set forth in the Award Agreement, all unearned Restricted Stock Units will be forfeited
to the Company.

 

    11

    

    

 

10.              
Compliance With Code Section 409A. Awards will be designed and operated in such a manner that they are either exempt
from the application of, or comply with, the requirements of Code Section 409A, except as otherwise determined in the sole discretion
of the Administrator. The Plan and each Award Agreement under the Plan is intended to meet the requirements of Code Section 409A
and will be construed and interpreted in accordance with such intent, except as otherwise determined in the sole discretion of
the Administrator. To the extent that an Award or payment, or the settlement or deferral thereof, is subject to Code Section 409A
the Award will be granted, paid, settled or deferred in a manner that will meet the requirements of Code Section 409A, such that
the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code Section
409A.

 

11.              
Limited Transferability of Awards. No Award shall be transferable other than by will, the laws of descent and distribution
or pursuant to beneficiary designation procedures approved by the Administrator or, to the extent expressly permitted in the Award
Agreement relating to such Award, to the Participant’s family members, a trust or entity established by the Participant for
estate planning purposes, a charitable organization designated by the Participant or pursuant to a domestic relations order, in
each case, without consideration. Except to the extent permitted by the foregoing sentence or the Award Agreement relating to an
Award, each Award may be exercised or settled during the Participant’s lifetime only by the Participant or the Participant’s
legal representative or similar person. Except as permitted by the second preceding sentence, no Award may be sold, transferred,
assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to
execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate, encumber or otherwise
dispose of any Award, such Award and all rights thereunder shall immediately become null and void.

 

12.              
Adjustments; Dissolution or Liquidation; Corporate Transaction.

 

(a)              
Adjustments. In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities,
or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off,
combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of
the Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential
benefits intended to be made available under the Plan, will adjust the number and class of Shares that may be delivered under the
Plan and/or the number, class, and price of Shares covered by each outstanding Award.

 

(b)              
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Administrator
will notify each Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it
has not been previously exercised, an Award will terminate immediately prior to the consummation of such proposed action.

 

(c)              
Corporate Transaction. Subject to the terms of the applicable Award Agreements, in the event of a Corporate Transaction,
the Administrator, as constituted prior to the Corporate Transaction, may, in its discretion:

 

    12

    

    

 

(i)                
require that (A) some or all outstanding Awards shall become exercisable in full or in part, either immediately or upon
a subsequent termination of employment, and (ii) the Period of Restriction applicable to some or all outstanding Awards shall lapse
in full or in part, either immediately or upon a subsequent termination of employment;

 

(ii)              
require that shares of capital stock of the corporation resulting from or succeeding to the business of the Company pursuant
to such Corporate Transaction, or a parent corporation thereof, be substituted for some or all of the shares of Common Stock subject
to an outstanding Award, with an appropriate and equitable adjustment to such award as determined by the Administrator in accordance
with this Section 12; and/or

 

(iii)             
require outstanding Awards, in whole or in part, to be surrendered to the Company by the holder, and to be immediately cancelled
by the Company, and to provide for the holder to receive (A) a cash payment in an amount equal to (I) in the case of an Option
or a Stock Appreciation Right, the aggregate number of shares of Common Stock then subject to the portion of such Option or Stock
Appreciation Right surrendered, whether or not vested or exercisable, multiplied by the excess, if any, of the Fair Market Value
of a share of Common Stock as of the date of the Corporate Transaction, over the purchase price or base price per share of Common
Stock subject to such Option or Stock Appreciation Right, and (II) in the case of an Award of Restricted Stock or a Restricted
Stock Unit, the number of shares of Common Stock then subject to the portion of such Award surrendered, whether or not vested,
multiplied by the Fair Market Value of a share of Common Stock as of the date of the Corporate Transaction; (B) shares of capital
stock of the corporation resulting from or succeeding to the business of the Company pursuant to such Corporate Transaction, or
a parent corporation thereof, having a fair market value not less than the amount determined under clause (A) above; or (C) a combination
of the payment of cash pursuant to clause (A) above and the issuance of shares pursuant to clause (B) above.

 

The Administrator shall
have the power and authority to make such other modifications, adjustments or amendments to outstanding Awards or this Plan as
the Administrator deems necessary or appropriate, subject however to the terms set forth above.

 

Notwithstanding anything
in this Section 12(c) to the contrary, if a payment under an Award Agreement is subject to Code Section 409A and if the “Corporate
Transaction” definition contained in the Award Agreement does not comply with the definition of “change of control”
for purposes of a distribution under Code Section 409A, then any payment of an amount that is otherwise accelerated under this
Section will be delayed until the earliest time that such payment would be permissible under Code Section 409A without triggering
any penalties applicable under Code Section 409A.

 

13.              
Tax Withholding.

 

(a)              
Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof),
the Company will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount
sufficient to satisfy federal, state, local, foreign or other taxes (including the Participant’s FICA obligation) required
to be withheld with respect to such Award (or exercise thereof).

 

    13

    

    

 

(b)              
Withholding Arrangements. The Administrator, in its sole discretion and pursuant to such procedures as it may specify
from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation)
(i) paying cash, (ii) electing to have the Company withhold otherwise deliverable Shares having a Fair Market Value equal to the
minimum statutory amount required to be withheld, (iii) delivering to the Company already-owned Shares having a Fair Market Value
equal to the statutory amount required to be withheld, provided the delivery of such Shares will not result in any adverse accounting
consequences, as the Administrator determines in its sole discretion, or (iv) selling a sufficient number of Shares otherwise deliverable
to the Participant through such means as the Administrator may determine in its sole discretion (whether through a broker or otherwise)
equal to the amount required to be withheld. The amount of the withholding requirement will be deemed to include any amount which
the Administrator agrees may be withheld at the time the election is made, not to exceed the amount determined by using the maximum
federal, state or local marginal income tax rates applicable to the Participant with respect to the Award on the date that the
amount of tax to be withheld is to be determined. The Fair Market Value of the Shares to be withheld or delivered will be determined
as of the date that the taxes are required to be withheld.

 

14.              
No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right with
respect to continuing the Participant’s relationship as a Service Provider with the Company, nor will they interfere in any
way with the Participant’s right or the Company’s right to terminate such relationship at any time, with or without
cause, to the extent permitted by Applicable Laws.

 

15.              
Grant Date. The Grant Date of an Award will be, for all purposes, the date on which the Administrator makes the determination
granting such Award, or such other later date as is determined by the Administrator. Notice of the determination will be provided
to each Participant within a reasonable time after the Grant Date.

 

16.              
Term of Plan. Subject to Section 20 of the Plan, the Plan will become effective upon its adoption by the Board (the
 “Effective Date”). Options may be granted under this Plan for ten (10) years following the Effective Date, or
such earlier date as this Plan is terminated under Section 17. Notwithstanding the foregoing, each Option granted under the Plan
shall remain in effect for the applicable term of the Option until such Option has been satisfied by the issuance of shares or
has been terminated in accordance with its terms and the terms of the Plan.

 

17.              
Amendment and Termination of the Plan.

 

(a)              
Amendment and Termination. The Board may at any time amend, alter, suspend or terminate the Plan.

 

(b)               Stockholder
Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply
with Applicable Laws. The Board, in its sole discretion, may submit any other amendment to the Plan for stockholder approval.

 

(c)              
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the
rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must
be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator’s
ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such
termination.

 

    14

    

    

 

18.              
Conditions Upon Issuance of Shares.

 

(a)              
Legal Compliance. Shares will not be issued pursuant to the exercise of an Award unless the exercise of such Award
and the issuance and delivery of such Shares will comply with Applicable Laws and will be further subject to the approval of counsel
for the Company with respect to such compliance.

 

(b)              
Investment Representations. As a condition to the exercise of an Award, the Company may require the person exercising
such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and
without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation
is required.

 

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

 

20.              
Stockholder Approval. The Plan will be subject to approval by the stockholders of the Company within twelve (12)
months after the date the Plan is adopted by the Board. Such stockholder approval will be obtained in the manner and to the degree
required under Applicable Laws. In the event that this Plan is not approved by the stockholders of the Company, then this Plan
and any Awards hereunder shall be void and of no force or effect.

 

21.              
Miscellaneous Provisions.

 

(a)              
Disclaimer of Rights. Notwithstanding anything contained in the Plan to the contrary, unless otherwise stated in
the applicable Award Agreement, no Award granted under the Plan shall be affected by any change of duties or position of the Participant,
so long as such Participant continues to be a Service Provider. The obligation of the Company to pay any benefits pursuant to this
Plan shall be interpreted as a contractual obligation to pay only those amounts described herein, in the manner and under the conditions
prescribed herein. The Plan shall in no way be interpreted to require the Company to transfer any amounts to a third party trustee
or otherwise hold any amounts in trust or escrow for payment to any Participant or beneficiary under the terms of the Plan.

 

(b)              
Captions. The use of captions in this Plan or any Award Agreement is for the convenience of reference only and shall
not affect the meaning of any provision of the Plan or such Award Agreement.

 

(c)              
Other Provisions. Each Award granted under the Plan may contain such other terms and conditions not inconsistent
with the Plan as may be determined by the Board, in its sole discretion.

 

    15

    

    

 

(d)              
Number And Gender. With respect to words used in the Plan, the singular form shall include the plural form, the masculine
gender shall include the feminine gender, etc., as the context requires.

 

(e)              
Severability. If any provision of the Plan or any Award Agreement shall be determined to be illegal or unenforceable
by any court of law in any jurisdiction, the remaining provisions hereof and thereof shall be severable and enforceable in accordance
with their terms, and all provisions shall remain enforceable in any other jurisdiction.

 

(f)               
Governing Law. The validity and construction of the Plan and the instruments evidencing the Award hereunder shall
be governed by the laws of the State of Delaware, other than any conflicts or choice of law rule or principle that might otherwise
refer construction or interpretation of this Plan and the instruments evidencing the Awards granted hereunder to the substantive
laws of any other jurisdiction.

 

    16

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