Document:

Stock Ownership Guidelines Policy

 Exhibit 10.2 
 HALCÓN RESOURCES CORPORATION 
 STOCK OWNERSHIP GUIDELINES POLICY

 (Adopted March 2, 2012) 
 Purpose 
 The Board of Directors (the “Board”) of Halcón Resources
Corporation (the “Company”) believes that it is in the best interest of the Company and its stockholders to assure the continued alliance of the financial interests of the Company’s Chief Executive Officer and members of the
Board (the “Directors”) with those of the Company’s stockholders. 
 Applicability 

This Policy applies to the Company’s Chief Executive Officer, and all of the Company’s Directors (with the Chief Executive Officer and such
Directors being “Participants”). Once a person has become subject to this Policy, the person will remain subject to this Policy until he or she is no longer the Chief Executive Officer or a Director of the Company, as applicable.

 Minimum Ownership Requirements 
 Participants are expected to own or have a beneficial interest in shares of common stock of the Company in accordance with the following schedule: 

 

			
	 Leadership Position
	  	 Value of Shares

	 Directors
	  	3x annual cash retainer received for serving as a director (not including any amounts paid for Committee service)
	 Chief Executive Officer
	  	6x base salary
	 Executive Vice Presidents
	  	3x base salary

 Satisfaction of Guidelines 
 Participants may satisfy their ownership guidelines with common stock in these categories: 
  

	 	•	 	 Shares owned directly, 

  

	 	•	 	 Shares owned indirectly (e.g., by a spouse, a trust or similar vehicle, an investment in one of the Company’s investors),

  

	 	•	 	 Shares held in benefit plans, or 

  

	 	•	 	 Time-vested restricted stock. 

 Unexercised stock options or unvested restricted stock are not counted toward meeting the guidelines. Participants are required to achieve the applicable level of ownership within three (3) years of
the date the person first became a member of the Board or Chief Executive Officer, as applicable. 

 Valuation Methodology 
 The value of a Participant’s stock ownership requirement is based on his or her then current cash retainer or salary and the value of the Participant’s holdings is based on the average closing
price of a share of the Company’s stock for the previous calendar year. 
 Retention Ratio 

Until the applicable guideline is achieved, the Participant is required to retain an amount equal to 50% of the net shares received as a result of the
exercise of the Company’s stock options or the vesting of the Company’s restricted stock. ‘Net shares’ are those shares that remain after shares are sold or netted to pay the exercise price of stock options (if applicable) and
applicable withholding taxes. 
 Compliance 
 The Nominating and Corporate Governance Committee has the discretion to recommend to the Board that it enforce the stock ownership guidelines on a case-by-case basis. 

Exceptions 
 This Policy may be waived,
at the discretion of the Board and upon recommendation of the Nominating and Corporate Governance Committee, for Directors joining the Board from government, academia, or similar professions. This Policy may also be waived for the Chief Executive
Officer or Directors, at the discretion of the Board and upon recommendation of the Nominating and Corporate Governance Committee, if compliance would create hardship or prevent the Chief Executive Officer or a Director from complying with a court
order, as in the case of a divorce settlement or other special circumstances that exist as may be determined by the Board. 
 The Nominating and
Corporate Governance Committee may recommend to the Board modifications of this Policy and the Board may make such modifications as it deems advisable, in its discretion.Terms and Conditions of the Nokia Performance Share Plan 2012

 Exhibit 4.3 

 
 

 
 TERMS AND CONDITIONS OF THE NOKIA PERFORMANCE SHARE PLAN 2012 

 

	1.	Purpose and Scope of the Plan 

 The purpose of the Nokia Performance Share Plan 2012 is to direct the focus of the Participants on long-term financial performance and share price appreciation, thus promoting long-term financial success
of the Company and aligning the interests of the Participants with those of the shareholders as well as to retain Nokia employees on a long-term basis, to promote employees’ long-term commitment and to compensate them for Nokia’s
performance measured on a long-term basis. To accomplish these objectives the Company may grant eligible Nokia employees Performance Shares under this Plan. 
 The Plan is tied directly to the performance of Nokia. For the purposes of this Plan, performance is measured through net sales and profitability. The compensation to the employees under the Plan becomes
payable and the financial benefits of the Plan materialize after the Restriction Period only if either or both of the pre-determined performance levels, measured by Average Annual Net Sales and Average Annual Earnings Per Share (EPS), are achieved
by the end of the Performance Period. 
 Under the Plan a maximum of 18 000 000 Performance Shares may be granted, which may
result in the settlement of 36 000 000 Shares at the maximum performance level. The Board determines the general guidelines under the Plan and approves the grants of Performance Shares to eligible employees within its authority. Grants of
Performance Shares under these terms and conditions may be made between January 26, 2012 and December 31, 2012, inclusive. 
  

	2.	Definitions 

Average Annual Net Sales: Average Annual Net Sales is an average of the annual net sales in the consolidated profit and loss
accounts for Nokia (non-IFRS) during the Performance Period. 
 Average Annual EPS: Average Annual EPS
(diluted, non-IFRS) is an average of the annual earnings per share in the consolidated profit and loss accounts for Nokia Group (non-IFRS) during the Performance Period. 
 Board: The Board of Directors of the Company. 

Company: Nokia Corporation 
 Grant Amount: The number of Performance Shares granted to a Participant. 
 Maximum Number: The number of Performance Shares to be settled if the maximum performance is achieved with respect to both of the performance criteria as defined under paragraph 4.2. The
Maximum Number equals two times the Grant Amount. One half of the Maximum Number is tied to Average Annual EPS and one half of the Maximum Number is tied to Average Annual Net Sales. 

  
 1 (11)

 Exhibit 4.3 

 
 

 
  

 Nokia: The Company together with the companies over which the Company
effectively exercises control and which are included in the consolidated financial statements of the Company, excluding Nokia Siemens Networks B.V. and its subsidiaries. 
 Nokia Group: The Company together with the companies over which the Company effectively exercises control and which are included in the consolidated financial statements of the Company.

 Participant: Employee of Nokia who has received a grant of Performance Shares under the Plan. 

Performance Share/Shares: Each Performance Share represents a right to receive a certain number of Shares or their cash
equivalent upon settlement, subject to the fulfillment of the conditions under paragraph 4, and provided that no other restriction related to these terms and conditions is applicable. 

Performance Period: The two fiscal years starting on January 1, 2012 and ending on December 31, 2013. 

Plan: Performance Share Plan 2012 of the Company. 
 Restriction Period: Period after which the Shares shall be settled to the Participant. The Restriction Period shall be no less than one year from the end of the Performance Period.

 Settlement Date: A banking day in Helsinki, Finland falling as soon as practicable after the end of the
Restriction Period, as determined by the Company. 
 Share/Shares: The Company’s ordinary shares. The terms
and conditions applicable to Shares shall apply to their cash equivalent used for settlement, as applicable. 

Terms & Conditions: The terms and conditions of this Plan. 

Threshold Number: The number of Performance Shares to be settled, if the threshold performance is achieved with respect to
one performance criterion as defined under paragraph 4.2. Each Threshold Number equals one quarter (1/4) of the Grant Amount. One Threshold Number is tied to Average Annual EPS, and another is tied to Average Annual Net Sales. 

 

	3.	Grant of Performance Shares 

 At grant, each Participant will receive a Grant Amount of Performance Shares. The Company will notify each Participant of the grant. 

As a precondition for a valid grant, the Participant must be employed by Nokia at the time of the grant. 

  
 2 (11)

 Exhibit 4.3 

 
 

 
  

 The Participant may be required to give the Company such authorizations and consents, as
the Company deems necessary in order to administer the Plan. 
  

	4.	Financial Performance Criteria 

  

	4.1	General Principles 

Measurement of the performance during the Performance Period will be based on Nokia Group’s and Nokia’s, as applicable,
consolidated profit and loss accounts (non-IFRS) as of December 31, 2012 and 2013 compared to the pre-established performance level defined herein under section 4.2. 
 The two pre-determined financial performance criteria under the Plan are Average Annual Net Sales and Average Annual EPS. Average Annual Net Sales is calculated as an average of the net sales for the
years 2012 through 2013. Average Annual EPS is calculated as an average of the annual earnings per share for the years 2012 through 2013. 
  

	4.2.	Threshold Performance and Maximum Performance 

 Threshold (i.e. minimum) performance levels and maximum performance levels are defined for each performance criterion as follows: 

 

	 	(a)	Average Annual Net Sales during the Performance Period: EUR 17,394 million (threshold) and EUR 26,092 million (maximum); and 

 

	 	(b)	Average Annual EPS: Average Annual EPS during the Performance Period: EUR 0.04 (threshold) and EUR 0.35 (maximum). 

The number of Performance Shares to be settled, if any, is determined independently with respect to Average Annual Net Sales and to
Average Annual EPS. 
 If the threshold performance for neither of the two performance criteria is reached, no settlement will
take place. 
 If the threshold performance level is achieved in respect of a performance criterion, the Threshold Number of
Performance Shares will be settled after the Restriction Period. 
 To the extent the threshold performance level is exceeded in
respect of a performance criterion, the number of Performance Shares to be settled after the Restriction Period will increase from the Threshold Number up to the Maximum Number following a predetermined linear scale based on actual financial
performance achieved. 
 The total number of Performance Shares to be settled, if any, may not exceed two times the Grant Amount.

  
 3 (11)

 Exhibit 4.3 

 
 

 
  

 The following table summarizes each performance criterion: 

 

							
	 Performance Criterion
	  	Threshold
Performance	  	Maximum
Performance	  	 Potential range of Settlement

	 Average Annual EPS during Jan. 1, 2012 – Dec 31, 2013 (diluted, non-IFRS)
	  	EUR 0.04	  	EUR 0.35	  	 Zero, or from minimum level (Threshold Number) up to maximum level (4 x Threshold Number)

				
	 Average Annual Net Sales during Jan. 1, 2012 – Dec. 31, 2013 (non-IFRS)
	  	EUR 17,394
million	  	EUR 26,092
million	  	 Zero, or from minimum level (Threshold Number) up to maximum level (4 x Threshold Number)

  

	5.	Measurement and Calculation of Payout 

 The measurement of Nokia Group’s and Nokia’s performance shall be made after the end of the Performance Period and approved by the Personnel Committee of the Company’s Board of Directors.
Based on this measurement, the number of Performance Shares to be settled as Shares or the equivalent amount of cash shall be calculated. 
 The Company shall carry out the measurement and calculation in its sole discretion. 

The calculation of the number of Performance Shares to be settled shall not result in fractional Shares. The number of Shares shall be
rounded to the nearest whole Share. 
  

	6.	Restriction Period 

 The
shares shall be settled to the Participant after the end of the Restriction Period. The end of the Restriction Period shall be specified to the Participant in the grant communication. 

During the Restriction Period, the Participant does not have any legal ownership or any other rights relating to the Shares. The
Participant shall not be entitled to any dividend or have any voting rights or any other rights as a shareholder to the Shares until and unless the Shares have been transferred to the Participant and, in case of new Shares issued by the Company,
until the Shares have been entered to the Trade Register. 
  

	7.	Settlement 

 On the
Settlement Date, the Company will complete the settlement by transferring the applicable number of Shares or their cash equivalent to the Participant’s book-entry, brokerage or other bank account, as applicable, provided that the Participant
has complied with these terms and conditions and performed all necessary actions to enable the Company to instruct the settlement. If the Participant has not performed all necessary actions to enable the Company to instruct the settlement, the
Company may, in its sole discretion, sell the Shares on behalf of the Participant and remit the proceeds to the Participant. 

The Company may, in its sole discretion, use for the settlement of Performance Shares one or more of the following: newly issued Shares,
the Company’s own existing Shares (treasury Shares), Shares purchased from the open market, or, in lieu of Shares, cash. 

  
 4 (11)

 Exhibit 4.3 

 
 

 
  

 The Participants shall not be entitled to any dividend or have any voting rights or any
other shareholder rights until and unless the Shares have been transferred to the Participant and, in case of new Shares issued by the Company, until the Shares have been entered to the Trade Register. 

 

	8.	Changes in Employment 

 If
the employment of the Participant with Nokia terminates prior to the end of the Restriction Period by the reason of retirement, permanent disability (as defined by the Company in its sole discretion) or death, the Participant retains the right to
settlement. In case of death of the Participant prior to the end of the Performance Period, the Company has the right to settle the Performance Shares at the Grant Amount prior to the end of the Performance Period. In case of death of the
Participant during the Restriction Period, the Company has the right to settle the Performance Shares based on the calculation of the number of Performance Shares to be settled made in accordance with section 5 of these Terms & Conditions.
If made, such special settlement will constitute full and final settlement of that Performance Share grant. 
 If the employment
of the Participant with Nokia terminates prior to the end of the Restriction Period for any other reason than those mentioned above, the Company is entitled to redeem the Performance Shares from the Participant without consideration, in which case
the Participant shall not be entitled to any settlement under the Plan. 
 In cases of voluntary and/or statutory leave of
absence of the Participant, the Company has the right to prorate the settlement. 
  

	9.	Terms of Employment 

 The
grant or settlement of Performance Shares does not constitute a term or a condition of the Participant’s employment contract with Nokia under applicable local laws. The Performance Shares, Shares or their cash equivalent under the Plan do not
form a part of the Participant’s salary or benefit of any kind. 
  

	10.	Taxes and other Obligations 

 The Participants are personally responsible for all taxes and social security charges associated with the Performance Share grants and Shares delivered upon settlement. This includes responsibility for
any and all tax liabilities in multiple countries, if the Participant has resided in more than one country during the Performance Period and/or Restriction Period. The Participants are advised to consult their own financial and tax advisers (at
their own expense) before accepting the grant in order to verify their tax position. 
 The Participants are also personally
responsible for any potential charges debited by financial institutions in connection with the settlement of the Performance Shares or any subsequent transactions related to the Shares. 

  
 5 (11)

 Exhibit 4.3 

 
 

 
  

 Pursuant to applicable laws, the Company is or may be required or may deem it
appropriate to withhold taxes, social security charges or fulfill employment related and other obligations upon grant or settlement of Performance Shares, or when the Shares are disposed of by the Participants. The Company shall have the right to
determine how such collection, withholding or other measures will be arranged or carried out, including but not limited to a settlement of a net amount remaining after the completion of such measures or a potential sale of the Shares on behalf of
the Participants for the completion of such measures. 
  

	11.	Breach of these Terms and Conditions 

 The Participant shall comply with these terms and conditions, as well as any instructions given by the Company regarding the Plan from time to time. If the Participant breaches these terms and conditions
and/or any instructions given by the Company, the Company may in its discretion, at any time prior to settlement, rescind the grant of Performance Shares. 
  

	12.	Validity of these Terms and Conditions 

 These terms and conditions shall become valid and effective upon the approval by the Board. The Board may, in its absolute discretion, at any time amend, modify or terminate these terms and conditions.

 Such action by the Board may also, as in each case is determined by the Board affect the Performance Shares that are then
outstanding, but not settled. 
  

	13.	Administration 

 The Plan
shall be administered by the Company in accordance with the general guidelines approved by the Board. The Company has the authority to interpret these terms and conditions, approve such other rules and procedures and take such other measures, as it
deems necessary or appropriate for the administration of the Plan. Such action may also affect the Performance Share grants that are then outstanding, but not settled. 
 The Company has the right to determine the practical manner of administration and settlement of the Performance Shares, including but not limited to the acquisition, issuance, sale, and transfer of the
Shares or their cash equivalent to the Participant. Furthermore, the Company has the right to require from the Participant the submission of such information or contribution that is necessary for the administration and settlement of the Performance
Share grants. 
  

	14.	Rights of Participants in certain Cases 

 14.1 Should the Annual General Meeting in accordance with the proposal of the Board decide, prior to the settlement of the Performance Shares, to distribute a special dividend constituting a deviation
from the customary dividend policy of the Company, the Board will decide if and how the Participants will be compensated for the special dividend. Such distribution of special dividend can include, but is not limited to, a

  
 6 (11)

 Exhibit 4.3 

 
 

 
  

 
distribution of assets from reserves of unrestricted equity or distribution of share capital to the shareholders. The Board will specify in its proposal for the dividend whether the dividend, or
a part of it, shall be considered a special dividend. 
 14.2 Should the Company, prior to the settlement of the Performance
Shares, issue new shares, stock options or other special rights to all shareholders, the Board will in its sole discretion decide what the rights of the Participants will be in such cases. 

14.3 The Company’s decision to cancel existing shares held by the Company prior to the settlement of the Performance Shares will not
affect the settlement of Performance Shares nor the number of Performance Shares to be settled. 
 14.4. Should the Company,
during the Performance Period, be placed into liquidation, the Company has the right to settle the Performance Shares at the Grant Amount within such time period as resolved by the Board. Notwithstanding any other provisions in these terms and
conditions, should the Company, prior to the settlement of the Performance Shares, be deregistered from the Trade Register, the Participants shall not have any right to settlement. 

14.5. Should the Company, during the Performance Period, resolve to merge with another existing company or merge with a company to be
formed, or should the Company resolve to be demerged, the Company has the right to settle the Performance Shares at the Grant Amount prior to the merger or demerger or to convert the Performance Shares into similar equity rights issued by the other
company on such terms and within such a time period, as resolved by the Board. Notwithstanding any other provisions in these terms and conditions, following the closing of the merger or demerger, the Participants shall have no right to settlement
under this Plan. The same also applies to a merger, in which the Company takes part, and whereby the Company registers itself as a European Company (Societas Europae) in another member state in the European Economic Area or, if the Company after
registering itself into a European Company registers a transfer of its domicile into another member state. 
 14.6. Should the
Company, during the Performance Period, make a resolution to acquire its own shares through a tender offer to all the shareholders, the Company shall make an equal offer to the Participants in respect of Performance Shares to settle the Performance
Shares at the Grant Amount. If the Company acquires or redeems its own shares in any other manner, or if the Company acquires stock options or other special rights entitling to shares, no measures will need to be taken in relation to this Plan.

 14.7. Should during the Performance Period a tender offer regarding all shares and stock options issued by the Company be made
or should a shareholder under the Articles of Association of the Company or the Finnish Securities Markets Act have the obligation to redeem the shares from the Company’s other shareholders, or to redeem the stock options, or should a
shareholder have under the Finnish Companies Act the right and obligation to redeem the shares from the Company’s other shareholders, then the Company has the right to settle the Performance Shares at the Grant Amount prior to the tender offer
or the offer to redeem the shares, as resolved by the Board. 

  
 7 (11)

 Exhibit 4.3 

 
 

 
  

 Should a shareholder under the Finnish Companies Act have the right to redeem the shares
from the Company’s other shareholders, the Company has the right, during the Performance Period, to settle the Performance Shares at the Grant Amount prior to the redemption, as resolved by the Board, after which the Participants’
obligation to transfer all of their shares will be subject to the Finnish Companies Act. 
 The Board may, however, in any of the
situations resolved in this section 14.7, also give the Participants an opportunity to convert their Performance Shares into equity-based incentives issued by another company on such terms and within such time period prior to the completion of the
tender offer or redemption, as resolved by the Board. 
 14.8. Should the Company during the Performance Period be delisted from
NASDAQ OMX Helsinki or its successors, the Company has the right to settle the Performance Shares at the Grant Amount prior to the delisting and make other amendments to these terms and conditions as resolved by the Board. 

14.9. Sections 14.4, 14.5, 14.6, 14.7 and 14.8 shall also apply should the situations set out in those sections take place during the
Restriction Period, with the exception that in stead of Grant Amount, the Company has the right to settle the Performance Shares based on the calculation of the number of Performance Shares to be settled made in accordance with section 5 of these
Terms & Conditions. 
  

	15.	The Recoupment of Equity Gains in the Event of Certain Restatements 

 Under the Nokia Policy on the recoupment of equity gains (“Nokia Policy”), as amended from time to time, in the event of certain restatements, if any of the Company’s financial statements
are required to be restated as a result of fraud or intentional misconduct, the Board may, in its discretion and at any time, resolve to recover or require reimbursement of all or a portion of any gains realized in accordance with the terms and
conditions set forth in the Nokia Policy. 
  

	16.	Governing Law and Settlement of Disputes 

 These terms and conditions are governed by Finnish laws. Disputes arising out of these terms and conditions shall be settled by arbitration in Helsinki, Finland, in accordance with the Arbitration Rules
of the Finnish Central Chamber of Commerce. 
  

	17.	Processing of personal data 

 The Company has the right to transfer globally within Nokia and/or to an agent of Nokia any of the personal data required for the administration of the Plan and the settlement of the Performance Shares.
The personal data may be administered and processed by the Company or its authorized agent in the future. The Participant is entitled to request access to data referring to the Participant’s person, held by the Company or its agent and to
request amendment or deletion of such data in accordance with applicable laws, statutes or regulations. In order to exercise these rights, the Participant must contact Nokia Legal and Intellectual Property, in Espoo, Finland. 

  
 8 (11)

 Exhibit 4.3 

 
 

 
  

 SUPPLEMENT TO THE GRANT OF PERFORMANCE SHARES UNDER 

THE NOKIA PERFORMANCE SHARE PLAN 2012 IN THE USA 
 Amendments to the Nokia Performance Share Plan 2012 
 For purposes of Section 409A of
the U.S. Internal Revenue Code of 1986, as amended (the “Code”), the Nokia Performance Share Plan 2012 (“Plan”) is amended, effective as of March 8, 2012, by adding the following “Code Section 409A Schedule”
to the Plan. 
 “Code Section 409A Schedule” 
 Notwithstanding anything in the terms and conditions of the Plan (“Plan Rules”) to the contrary, effective as of March 8, 2012, the Plan Rules are amended as set forth in this Code
Section 409A Schedule in order to avoid adverse or unintended tax consequences to Participants under Section 409A of the Code, and the applicable rules and regulations thereunder. The provisions of this Code Section 409A Schedule
shall apply to granted Performance Shares that are, or could potentially be, subject to Section 409A of the Code, and shall supersede the other Plan Rules to the extent necessary to eliminate inconsistencies between this Code Section 409A
Schedule and such other Plan Rules. 
 1. In no event shall the Settlement Date occur later than the last banking day of the
calendar year in which the Restriction Period ends. 
 2. In cases of voluntary and/or statutory leave of absence of the
Participant, the length of which exceeds the threshold determined for the relevant type of leave in the applicable human resources policy at the time of the leave, Nokia will prorate and settle the Participant’s Performance Shares on the
Settlement Date. 
 3. In the event that the Participant’s employment with Nokia terminates by reason of retirement or
permanent disability prior to the end of the Restriction Period, the Participant will retain the right to settlement of the Performance Shares on the Settlement Date. In the event that a Participant’s employment terminates due to death during
the Performance Period, Nokia will settle the Participant’s Performance Shares at the Grant Amount in the second month of the calendar quarter following the date of the Participant’s death. In the event that a Participant’s employment
terminates due to death during the Restriction Period, Nokia will settle the Participant’s Performance Shares at the amount based on the calculation made in accordance with Section 5 of the Plan Rules in the second month of the calendar
quarter following the date of the Participant’s death. 
 4. The following provisions amend Section 14 of the Plan
Rules, which is attached as Appendix C to the Legal Document for the Nokia Performance Share Plan 2012: 
  

	 	a)	Should Nokia distribute a special dividend constituting a deviation from Nokia’s customary dividend policy as contemplated by Section 14.1 of the Plan Rules,
to the extent that Participants receive the dividend, the dividend will be paid to Participants after the end of the Restriction Period on the Settlement Date. 

 

	 	b)	 In the event that during the Performance Period Nokia is liquidated as contemplated by Section 14.4 of the Plan Rules, Nokia will settle the

  
 9 (11)

 Exhibit 4.3 

 
 

 
  

	 	
Participant’s Performance Shares at the Grant Amount prior to the end of the calendar year that includes the Settlement Date. In the event that during the Restriction Period Nokia is
liquidated as contemplated by Section 14.4 of the Plan Rules, Nokia will settle the Participant’s Performance Shares at the amount based on the calculation made in accordance with Section 5 of the Plan Rules prior to the end of the
calendar year that includes the Settlement Date. 

  

	 	c)	With respect to the transactions contemplated by Sections 14.5 and 14.7 of the Plan Rules, if during the Performance Period or Restriction Period Nokia experiences a
change in the ownership or effective control of a corporation, or a change in the ownership of a substantial portion of the assets of the corporation, that constitutes a change-in-control event under Section 1.409A-3(i)(5) of the U.S. Income
Tax Regulations, or any successor provision (a “409A Change in Control Event”), Nokia will either (i) convert the Performance Shares into similar equity or equity-based cash rights issued by the surviving corporation or its parent
within 30 days of the 409A Change in Control Event or (ii) settle the Performance Shares (x) at the Grant Amount within 30 days prior to the 409A Change in Control Event if such transaction takes place during the Performance Period or
(y) at the amount based on the calculation made in accordance with Section 5 of the Plan Rules within 30 days prior to the 409A Change in Control Event if such transaction takes place during the Restriction Period. If during the
Performance Period or Restriction Period Nokia engages in a transaction as contemplated by Section 14.5 or 14.7 of the Plan Rules that does not constitute a 409A Change in Control Event, the Performance Shares shall be settled in accordance
with their terms. 

  

	 	d)	If during the Performance Period Nokia makes a resolution to acquire its own Shares through a tender offer to all the shareholders under Section 14.6 of the Plan
Rules, Nokia will exchange the Participant’s Performance Shares at the Grant Amount for a right to receive a cash payment to be paid out after the end of the Restriction Period on the Settlement Date. If such a resolution is made during the
Restriction Period, Nokia will exchange the Participant’s Performance Shares at the amount based on the calculation made in accordance with Section 5 of the Plan Rules for a right to receive a cash payment to be paid out after the end of
the Restriction Period on the Settlement Date. 

  

	 	e)	In the event that during the Performance Period Nokia is delisted from NASDAQ OMX Helsinki or its successors as contemplated by Section 14.8 of the Plan Rules,
Nokia will exchange the Participant’s Performance Shares at the Grant Amount for a right to receive a cash payment to be paid out after the end of the Restriction Period on the Settlement Date. In the event that during the Restriction Period
Nokia is delisted from NASDAQ OMX Helsinki or its successors as contemplated by Section 14.8 of the Plan Rules, Nokia will exchange the Participant’s Performance Shares at the amount based on the calculation made in accordance with
Section 5 of the Plan Rules for a right to receive a cash payment to be paid out after the end of the Restriction Period on the Settlement Date. 

  
 10 (11)

 Exhibit 4.3 

 
 

 
  

 5. If any Plan Rule or grant document contravenes any regulations or guidance
promulgated under Section 409A of the Code or could cause any granted Performance Shares to be subject to taxes, interest or penalties under Section 409A of the Code, Nokia may, in its sole discretion and without the Participant’s
consent, modify the Plan Rules or grant documents to: (i) comply with, or avoid being subject to, Section 409A of the Code, (ii) avoid the incurrence of additional taxes, interest or penalties under Section 409A of the Code, and
(iii) maintain, to the maximum extent practicable, the original intent of the applicable Plan Rule or provision without contravening the provisions of Section 409A of the Code. 

* * * * * 
 Except as set forth
herein, the Nokia Performance Share Plan 2012 remains in full force and effect. 

  
 11 (11)

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