Document:

EX-10.23

 Exhibit 10.23 

EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of this 21st day of October 2010, by and between Infor Global Solutions (Michigan), Inc., a Michigan corporation (the “Company”), and Soma Somasundaram
(“Executive”). The Company is an indirect, wholly-owned Subsidiary of Infor Global Solutions Holdings Ltd., a company organized and existing under the laws of the Cayman Islands (“Parent”). 

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows: 
 1.    Employment and Prior Agreements. 

(a)    The Company hereby agrees to continue Executive’s employment with the Company, and Executive hereby agrees to
continue his employment with the Company, upon the terms and conditions set forth in this Agreement for the period beginning on the date of this Agreement (the “Commencement Date”) and ending as provided in
Section 4 hereof. 
 (b)    Any and all prior agreements or understandings between Executive
and Parent or any of its Subsidiaries with respect to Executive’s employment are hereby terminated in their entirety as of the date hereof and shall be of no further force or effect and neither party thereto shall have any further liabilities
or obligations with respect thereto. For the avoidance of doubt, except as set forth in Section 4(f) below, nothing herein shall supersede, terminate or otherwise affect any agreement between Executive and Parent or any of
its Subsidiaries with respect to Executive’s ownership of any equity securities (including options) of Parent or any of its Subsidiaries. 

2.    Position and Duties. 

(a)    During the Employment Period (as defined below), Executive shall continue to serve as the Senior Vice President,
Software Development of the Company. Executive will report to, and be subject to the overall direction and authority of the Executive Vice President responsible for Development or his designee or replacement (the “EVP”)
of the Company. Executive shall have the normal duties, responsibilities, functions and authority of a senior executive officer of the Company and such other matters related to the
day-to-day management of the Company as may be delegated to Executive by the EVP. 

(b)    Executive will devote Executive’s best efforts and full business time and attention to the business and affairs
of the Company. Executive will perform Executive’s duties and responsibilities to the Company to the best of Executive’s abilities in a diligent, trustworthy, businesslike and efficient manner. 

(c)    Executive shall perform Executive’s duties hereunder at the Company’s executive offices in Malvern,
Pennsylvania or such other location as may be mutually agreed between the Company and Executive (the “Executive’s Place of Business”). Executive agrees to render Executive’s services away from Executive’s office from
time to time for reasonable lengths of time and for a reasonable number of trips in the ordinary course of business, as the proper performance of Executive’s duties may require. 

  
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 (d)    For purposes of this Agreement, “Subsidiaries”
(in either plural or singular form) shall mean any corporation or other entity (including the Company) of which the securities or other ownership interests having the voting power to elect a majority of the board of directors or other governing body
are, at the time of determination, owned by Parent, directly or indirectly through one or more Subsidiaries. 

3.    Base Salary, Benefits, Business Expenses, and Bonus. 

(a)    During the Employment Period, Executive’s base salary will be $250,000 per annum (the “Base
Salary”), which salary will be subject to adjustment by the Board in its discretion and will be payable in regular installments in accordance with the Company’s general payroll practices for all salaried employees and will be subject
to customary withholding. In addition, during the Employment Period, Executive will be entitled to participate in all of the Company’s employee benefit programs for which all other executive employees of the Company are generally eligible
(excluding any incentive equity compensation, which will be determined on a case-by-case basis) in accordance with the terms and conditions of such programs as the same
may be amended or modified from time to time. Executive shall be entitled to such amount of vacation during each year of the Employment Period as is consistent with the Company’s policy for senior executives. 

(b)    During the Employment Period, the Company will reimburse Executive for all reasonable and necessary business
expenses incurred by Executive in the course of performing Executive’s duties under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business
expenses, subject to the Company’s requirements with respect to reporting and documentation of such expenses. For purposes of compliance with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), (i)
all expenses or other reimbursements under this Agreement shall be made on or prior to the last day of the taxable year following the taxable year in which such expenses were incurred by Executive, (ii) any right to reimbursement or in kind
benefits is not subject to liquidation or exchange for another benefit, and (iii) no such reimbursement, expenses eligible for reimbursement, or in-kind benefits provided in any taxable year shall in any
way affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year. 

(c)    In addition to the Base Salary, Executive will be eligible to earn an annual performance bonus for each fiscal year
of the Company if Executive remains employed by the Company through the end of such fiscal year; the specific bonus targets, amounts and availability of which are in each case subject to the Company’s bonus plan, criteria applicable to other
executive management of the Company, and the individual performance of Executive, as established by Board in its discretion. Executive’s target performance bonus for the fiscal year ending May 31, 2011 shall be $150,000, subject to the
achievement of Executive’s performance targets for such fiscal year and the other conditions set forth herein and in the Company’s bonus plan. The Company’s bonus plan, and the annual target performance bonus for fiscal years
following the fiscal year ending May 31, 2011, may be modified at any time in the sole discretion of the Board. Any bonus earned (if any) under this Section 2(c) shall be paid in no event later than March 15th of the
calendar year immediately following the calendar year in which the fiscal year to which such bonus relates ended. 

  
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 4.    Term. 

(a) The employment period (the “Employment Period”) will commence on the Commencement Date and will terminate immediately upon
the first to occur of: (i) the effective date of Executive’s resignation with or without Good Reason (as defined below); (ii) Executive’s death or Disability (as defined in Internal Revenue Code Section 22(e)(3)); or
(iii) the Company’s election to terminate Executive’s employment at any time for Cause (as defined below) or without Cause. 

(b)    Except as otherwise expressly provided in this Section 4, Executive shall not be entitled
to any salary, bonuses, employee benefits or compensation from Parent or its Subsidiaries after the termination of the Employment Period and all of Executive’s rights to salary, bonuses, employee benefits and other compensation hereunder (if
any) which would have accrued or become payable after the termination of the Employment Period (other than vested retirement or other non-forfeitable employee benefits accrued on or prior to the termination of
the Employment Period or other amounts owing hereunder as of the date of such termination that have not yet been paid, including but not limited to, any earned bonus pursuant to Section 3(c) above) shall cease upon such
termination, other than those expressly required under applicable law (such as COBRA). Any termination of Executive’s employment by the Company shall be effective as specified in a written notice to Executive from the Company. The Company may
offset any amounts Executive owes to Parent or any of its Subsidiaries against any amounts the Company owes Executive hereunder. The termination of Executive’s employment with the Company for any reason shall be deemed to automatically remove
Executive, without any further action, from any and all offices held by Executive with the Company, Parent or any of their respective Subsidiaries (including, without limitation, any office as a member of the board of directors of the Company,
Parent or any of their respective Subsidiaries). Executive agrees to promptly sign and submit notice(s) of resignation or any other documents reasonably requested in order for the Parent or any of its Subsidiaries to effect the removal of Executive
from any offices held by Executive. 
 (c)    If the Employment Period is terminated (i) by the Company without
Cause or (ii) by Executive with Good Reason, in each case prior to the consummation of a Change of Control (as defined below), Executive shall be entitled to (i) an amount equal to six months of Executive’s then-current Base Salary
and (ii) COBRA continuation health coverage for six months following such termination at a cost to Executive of no more than Executive would have paid if Executive were still an employee of the Company, provided that, if at the end of
such six month period following such termination, Executive is not then employed in any capacity, whether as an employee, consultant, agent, independent contractor, or any other role or position for which Executive receives income or
remuneration (individually and collectively, “New Employment”) and Executive certifies to the Company in writing that Executive has not secured, nor is engaging in New Employment, then the Company will pay Executive additional Base
Salary and COBRA continuation health coverage for so long as Executive does not engage in New Employment up to an additional six (6) months of Base Salary and COBRA continuation 

  
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health coverage (for the avoidance of doubt, in no event shall Executive receive Base Salary or COBRA continuation health coverage for a period or amount greater than twelve months in the
aggregate under the immediately foregoing clauses (i)-(ii)) (collectively, “Pre-COC Severance”). If the Employment Period is terminated (i) by the Company without Cause or (ii) by
Executive with Good Reason, in each case following the consummation of a Change of Control (as defined below), Executive shall be entitled to (x) an amount equal to (1) one year of Executive’s then-current Base Salary, plus
(2) an amount equal to the pro rata portion of Executive’s target performance bonus in respect of the fiscal year in which such termination occurs, based upon the target performance bonus established for Executive for the fiscal
year in which such termination occurs and the number of days Executive was employed by the Company during such fiscal year (i.e., the amount of such bonus shall be equal to the product of (A) 100% of Executive’s target performance bonus
for the fiscal year in which such termination occurs, times (B) a fraction, the numerator of which is the number of days Executive has been employed by the Company in such fiscal year and the denominator of which is 365), plus
(3) the arithmetic mean of the annual, performance-based bonuses paid to Executive by the Company over the three fiscal years immediately preceding the year in which such termination occurs (in each case, excluding from such arithmetic
mean calculation any amounts paid to Executive in excess of 100% of the applicable target performance bonus for the applicable year), and (y) COBRA continuation health coverage for one year following such termination at a cost to
Executive of no more than Executive would have paid if Executive were still an employee of the Company (collectively, “Post-COC Severance”). Any
Pre-COC Severance shall be payable over a six-month period and Post-COC Severance shall be payable over a one-year period (as applicable, the “Scheduled Payout Period”) in accordance with the Company’s standard payroll cycle as in effect on the date of termination, but in no event less frequently
than monthly. If the Employment Period is terminated for any reason other than the circumstances described in the first two sentences of this Section 4(c) that give rise to a Pre-COC
Severance or Post-COC Severance obligation of the Company, Executive will be entitled only to receive his Base Salary and other non-forfeitable, vested employee benefits
accrued but not yet paid through the date of such termination. 
 (d)    As a condition to the Company’s ongoing
obligation to pay Executive Pre-COC Severance or Post-COC Severance, Executive shall execute and deliver to the Company a general release in the form attached hereto as
Exhibit A, such general release shall have become effective and Executive shall not have been revoked or breached the provisions of such release or breached the provisions of Section 7 below. 

(e)    Executive shall forfeit all rights to Pre-COC Severance or Post-COC Severance (excluding, for avoidance of doubt, any non-forfeitable employee benefits (such as the opportunity to purchase COBRA benefits) mandated by law) unless such
release is signed and delivered (and no longer subject to revocation) within ninety (90) days following the date of Executive’s termination of employment. If the foregoing release is executed and delivered and no longer subject to
revocation as provided in the preceding sentence, then such Pre-COC Severance or Post-COC Severance shall commence upon the ninetieth (90) day following
Executive’s termination of employment. The first such cash payment shall include payment of all amounts that otherwise would have been paid prior thereto had such payments commenced immediately upon Executive’s termination of employment,
and any payments made thereafter shall continue as provided herein. The delayed benefits shall in any event expire at the time such benefits would have expired had such benefits commenced immediately following Executive’s

  
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termination of employment. The Company may provide, in its sole discretion, that Executive may continue to participate in any benefits delayed pursuant to this
Section 4(e) during the period of such delay; provided that Executive shall bear the full cost of such benefits during such delay period. Upon the date such benefits would otherwise commence pursuant to this
Section 4(d), the Company may reimburse Executive the Company’s share of the cost of such benefits, to the extent that such costs would otherwise have been paid by the Company or to the extent that such benefits would
otherwise have been provided by the Company at no cost to Executive, in each case had such benefits commenced immediately upon Executive’s termination of employment. Any remaining benefits shall be reimbursed or provided by the Company in
accordance with the schedule and procedures specified herein. 
 (f)    Upon a Change of Control (as defined below), so
long as Executive was employed by Parent or any of its Subsidiaries on the day immediately prior to the consummation of such Change of Control, and notwithstanding anything to the contrary set forth in any other agreement between Executive and
Parent or any of its Subsidiaries, all unvested equity securities (including restricted stock, options and any other rights to acquire securities) of Parent or any of its Subsidiaries then held by Executive and/or his permitted transferees shall
immediately become classified as vested. 
 (g)    For purposes of this Agreement as it relates to Executive,
“Cause” means (i) the commission of a felony or any act of fraud or any act or omission involving dishonesty, or material disloyalty with respect to Parent or any of its Subsidiaries or any of their respective customers,
suppliers or other material business relations, (ii) conduct tending to bring Parent or any of its Subsidiaries into substantial public disgrace or disrepute, (iii) failure to perform material duties as reasonably directed by the EVP or
the Board of Directors of Parent or the Board of Directors of the Company, (iv) gross negligence or willful misconduct with respect to Parent or any of its Subsidiaries, or (v) any other material breach by Executive of this Agreement;
provided, however, that Cause shall not exist for actions or conduct under clauses (ii), (iii), (iv) or (v) of this Section 4(g) unless such actions or conduct continues for a period of ten (10) days
after receipt by Executive of written notice of the need to cure or cease, if such actions or conduct are capable of cure. 

(h)    For purposes of this Agreement as it relates to Executive, “Good Reason” means (i) a material
reduction of Executive’s duties and responsibilities or Base Salary; (ii) a relocation of Executive’s principal workplace to a location outside of the metropolitan area of Executive’s Place of Business; (iii) the
Company’s material breach of this Agreement, which in the case of clauses (i) – (iii) above, is not cured within 15 days after delivery of written notice thereof by Executive to the Company; provided that written notice of
Executive’s resignation for Good Reason must be delivered to the Company within 30 days after the date Executive first knew or should reasonably have known of the occurrence of any such event in order for Executive’s resignation with Good
Reason to be effective hereunder. 
 (i)    For purposes of this Agreement, “Change of Control” means
(i) any sale or transfer by Parent or its Subsidiaries of all or substantially all (as defined in the Revised Model Business Corporation Act) of their assets on a consolidated basis, (ii) any consolidation, merger or reorganization of
Parent with or into any other entity or entities as a result of which any person or group of affiliated persons other than investment funds managed by Golden Gate 

  
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Capital (or entities controlled by such funds) obtains possession of voting power (under ordinary circumstances) to elect a majority of the surviving corporation’s board of directors, or
(iii) any sale or transfer to any third party of shares of the Company’s share capital by the holders thereof as a result of which any person or group of affiliated persons other than investment funds managed by Golden Gate Capital (or
entities controlled by such funds) obtains possession of the voting power (under ordinary circumstances) to elect a majority of Parent’s board of directors. 

(j)    In the event of Executive’s termination of employment, Executive will take all necessary and reasonable actions
to effect a smooth transition of Executive’s duties to such person or persons as may be designated by the Board or its designee. 

5.    Confidential Information. Executive acknowledges and agrees that the information, observations and data
(including, without limitation, trade secrets, know-how, research and product plans, customer lists, software, inventions, processes, formulas, technology, designs, drawings, specifications, marketing and
advertising materials, distribution and sales methods and systems, sales and profit figures and other technical and business information) concerning the business or affairs of Parent or any of its Subsidiaries obtained by Executive while employed by
Parent or any of its Subsidiaries or while serving as an officer or director of Parent or any of its Subsidiaries (“Confidential Information”) are the property of Parent or such Subsidiary. Therefore, during the Employment Period
and at all times thereafter, Executive agrees that Executive will not disclose to any unauthorized person or use for Executive’s own purposes, except in the performance of Executive’s duties and responsibilities hereunder, any Confidential
Information without the prior written consent of the Board, unless and to the extent that the aforementioned matters are or become generally known to and available for use by the public other than as a result of Executive’s acts or omissions to
act. Executive will deliver to the Company at the termination of the Employment Period, or at any other time the Company may request, all memoranda, notes, plans, records, reports, computer tapes, printouts and software and other documents and data
(and copies thereof) relating to the Confidential Information, Work Product (as defined Section 6 below) or the business of Parent or any of its Subsidiaries which Executive may then possess or have under Executive’s
control. Notwithstanding the foregoing, Executive is permitted to disclose Confidential Information to the extent required to provide truthful testimony before a court or other governmental authority or to the extent required to respond to a
properly issued subpoena of Executive (individually and collectively, “Compelled Disclosure”); provided that Executive provides such prior written notice to the Company of such Compelled Disclosure to allow the Company to
either contest such intended Compelled Disclosure and/or seek an appropriate protective order from a court of competent jurisdiction. 

6.    Inventions and Patents. Executive acknowledges and agrees that all inventions, innovations, improvements,
developments, methods, designs, analyses, drawings, reports and all similar or related information (whether or not patentable) which relate to Parent’s or any of its Subsidiaries’ actual or anticipated business, research and development or
existing or future products or services and which are conceived, developed or made by Executive while employed by Parent or any of its Subsidiaries (“Work Product”) belong to Parent or such Subsidiary. Executive will promptly
disclose such Work Product to the Board and perform all actions reasonably requested by the Board (whether during or after the Employment Period) to establish and confirm such ownership (including, without limitation, assignments, consents, powers
of attorney and other instruments). 

  
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 7.    Non-Compete, Non-Solicitation. 
 (a) In further consideration of the compensation to be paid to Executive hereunder
(including, in particular, the increases in Executive’s base salary and target bonus opportunity being implemented concurrently with the execution and delivery of this Agreement, which each of the undersigned acknowledge and agree provide
sufficient good and valuable consideration for the non-compete and non-solicitation covenants set forth in this Section 7) and any equity
compensation to be made available to Executive pursuant to Parent’s incentive equity plans, Executive acknowledges that in the course of Executive’s employment with the Company Executive has become, and will continue to become, familiar
with Parent’s and its Subsidiaries’ trade secrets and with other Confidential Information concerning Parent and its Subsidiaries and that Executive’s services are and will continue to be of special, unique and extraordinary value to
Parent and its Subsidiaries. Therefore, Executive agrees that, during the Employment Period and until the later of (i) the date that is one year after the termination of the Employment Period for any reason and (ii) the last day of the
Scheduled Payout Period (as defined in Section 4(c) above) (the “Noncompete Period”), Executive will not directly or indirectly, for Executive or any other person, (1) induce or attempt to induce any
employee of Parent or any of its Subsidiaries to leave the employ of Parent or any of its Subsidiaries, or in any way interfere with the relationship between Parent or any of its Subsidiaries, on the one hand, and any employee thereof, on the other,
(2) hire any person who is (or in the case of a former employee, was an employee of Parent or any of its Subsidiaries at any time during the 180 day period prior to any attempted hiring by Executive) an employee of Parent or any of its
Subsidiaries, (3) induce or attempt to induce any supplier, licensee, licensor or other material business relation of Parent or any of its Subsidiaries to cease doing business with Parent or such Subsidiary, or in any way interfere with the
relationship between any such supplier, licensee, licensor or material business relation and Parent or such Subsidiary of Parent, as the case may be (including, without limitation, making any negative statements or communications about Parent or any
of its Subsidiaries) or (4) Participate in any Competitive Business. “Participate” includes any direct or indirect ownership interest in any enterprise or participation in the management of such enterprise, whether as an
officer, director, employee, partner, sole proprietor, agent, representative, independent contractor, consultant, executive, franchisor, franchisee, creditor, owner or otherwise; provided that the foregoing activities shall not preclude
Executive from the passive ownership (i.e., Executive does not directly or indirectly participate in the business or management of the applicable entity) of less than 2% of the stock of a publicly-held corporation whose stock is traded on a national
securities exchange. “Competitive Business” means any business in the world that is, as of the date of the termination of the Employment Period, a direct competitor of Parent or its Subsidiaries or of any technology company
controlled by Golden Gate Capital or investment funds managed by Golden Gate Capital. Executive agrees that the aforementioned covenant contained in this Section 7(a) is reasonable with respect to its duration, geographical
area and scope. Notwithstanding anything to the contrary contained in this Section 7(a), the provisions of this Section 7(a) shall not apply to any activity conducted by Executive following the
Employment Period for any business affiliated with Golden Gate Capital or investment funds managed by Golden Gate Capital.  

  
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 (b)    If, at the time of enforcement of Sections 5, 6 or 7 of
this Agreement, a court holds that the restrictions stated herein are unreasonable under circumstances then existing, the parties hereto agree that the maximum period, scope or geographical area reasonable under such circumstances shall be
substituted for the stated period, scope or area. Because Executive’s services are unique and because Executive has access to Confidential Information and Work Product, the parties hereto agree that money damages may not be an adequate remedy
for any breach of this letter agreement. Therefore, in the event a breach or threatened breach of this letter agreement, Parent, the Company or their respective successors or assigns may, in addition to other rights and remedies existing in their
favor, apply to any court for specific performance and/or injunctive or other relief in order to enforce, or prevent any violations of, the provisions hereof (without posting a bond or other security). In addition, in the event a court determines
that Executive breached or violated this Section 7, the periods of such restrictive covenants will be tolled until such breach or violation has been duly cured. 

8.    Additional Acknowledgments. Executive expressly agrees and acknowledges that the restrictions contained in
Sections 5, 6 and 7 do not preclude Executive from earning a livelihood, nor do they unreasonably impose limitations on Executive’s ability to earn a living. In addition, Executive agrees and acknowledges that the potential harm to
Parent and its Subsidiaries of the non-enforcement of Sections 5, 6 and 7 outweighs any harm to Executive of their enforcement by injunction or otherwise. Executive acknowledges that Executive has
carefully read this Agreement and has given careful consideration to the restraints imposed upon Executive by this Agreement, and is in full accord as to their necessity for the reasonable and proper protection of Confidential Information. Executive
expressly acknowledges and agrees that each and every restraint imposed by this Agreement is reasonable with respect to subject matter, time period and geographical area. 

9.    Other Businesses. As long as Executive is employed by the Company, Executive agrees that Executive will not,
except with the express written consent of the EVP, become engaged in, render services for, or permit Executive’s name to be used in connection with any business other than the business of Parent, any of its Subsidiaries or any of their
affiliates. 
 10.    Executive’s Representations. Executive hereby represents and warrants to the Company
that (i) the execution, delivery and performance of this Agreement by Executive does not and will not conflict with, breach, violate or cause a default under any contract, agreement, instrument, order, judgment or decree to which Executive is a
party or by which Executive is bound, (ii) Executive is not a party to or bound by any employment agreement, noncompete agreement or confidentiality agreement with any other person or entity (other than any agreement or arrangement between
Executive and any business affiliated with Golden Gate Capital or investment funds managed by Golden Gate Capital); and (iii) upon the execution and delivery of this Agreement by the Company and Executive, this Agreement shall be the valid and
binding obligation of Executive, enforceable in accordance with its terms. Executive hereby acknowledges and represents that he has consulted with (or has had an opportunity to consult with) independent legal counsel regarding Executive’s
rights and obligations under this Agreement and that Executive fully understands the terms and conditions contained herein. 

11.    Survival. This Agreement shall remain in full force and effect in accordance with its terms, notwithstanding
any termination of the Employment Period for any reason. 

  
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 12.    Notices. Any notice provided for in this Agreement shall
be in writing and shall be either personally delivered, or mailed by first class mail, return receipt requested, to the recipient at the address below indicated: 

Notices to Executive: 

Soma Somasundaram 
 319
Fairweather Drive 
 Exton, PA 19341 

Notices to the Company: 

Infor Global Solutions (Michigan), Inc. 

Attention: Chief Executive Officer 

13560 Morris Road, Suite 4100 

Alpharetta, GA 30004 
 Facsimile:
(678) 319-8445 
 With a copy to: 

Infor Global Solutions (Michigan), Inc. 

Attention: General Counsel 

40 General Warren Boulevard, Suite 110 

Malvern, PA 19355 
 Facsimile:
(678) 319-9032 
 or such other address or to the attention of such other person as the recipient party shall have
specified by prior written notice to the sending party. Any notice under this Agreement shall be deemed to have been given when so delivered or mailed. 

13.    Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability
will not affect any other provision or any other jurisdiction, but this Agreement will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

14.    Complete Agreement. This Agreement embodies the complete agreement and understanding among the parties with
respect its subject matter and supersedes and preempts any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way, except as otherwise expressly
stated herein, including, without limitation, any prior agreement between Executive and the Company or any of its affiliates with respect to Executive’s employment by Parent or any of its Subsidiaries (but excluding, for the avoidance of doubt,
any agreement between Executive and Parent or any of its Subsidiaries with respect to Executive’s ownership of any equity securities (including options) of Parent or any of its Subsidiaries). 

  
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 15.    No Strict Construction. The language used in this
Agreement shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any party. 

16.    Counterparts. This Agreement may be executed in separate counterparts (including by means of facsimile), each
of which is deemed to be an original and all of which taken together constitute one and the same agreement. 

17.    Successors and Assigns. This Agreement is intended to bind and inure to the benefit of and be enforceable by
Executive, the Company and their respective heirs, successors and assigns, except that Executive may not assign his rights or delegate his obligations hereunder. Each of Parent and each of its Subsidiaries and Golden Gate Capital and the investment
funds managed by it are intended third party beneficiaries of this Agreement to the extent provided herein. 

18.    Choice of Law; Venue; Waiver of Jury Trial. All issues and questions concerning the construction, validity,
enforcement and interpretation of this Agreement and the schedules hereto shall be governed by, and construed in accordance with, the laws of the Commonwealth of Pennsylvania, without giving effect to any choice of law or conflict of law rules or
provisions (whether of the Commonwealth of Pennsylvania or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the Commonwealth of Pennsylvania. In addition, the parties agree to the waiver of a jury
trial in connection with any dispute, claim or controversy arising out of or related to this Agreement. Each party hereto irrevocably and unconditionally (a) consents to submit to the exclusive jurisdiction of the courts of the Commonwealth of
Pennsylvania and of the United States of America located in the Commonwealth of Pennsylvania for any action, suit or proceeding arising out of or relating to this Agreement (and irrevocably and unconditionally agrees not to commence any such action,
suit or proceeding except in such courts, other than in connection with the enforcement of a judgment rendered by any such court, which judgment may be enforced in any court having appropriate jurisdiction), (b) waives any objection to the laying of
venue of any such action, suit or proceeding in any such courts and (c) waives and agrees not to plead or claim that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. 

19.    Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written
consent of the Board and Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement. 

20.    Tax Withholdings. All amounts specified herein shall be reduced by all required tax withholdings. 

21.    Section 409A Compliance. 

(a) The intent of the parties is that payments and benefits under this Agreement comply with Code Section 409A and the regulations and
guidance promulgated thereunder (collectively “Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith. In no event whatsoever shall
the Company be liable for any additional tax, interest or penalty that may be imposed on Executive by Code Section 409A or damages for failing to comply with Code Section 409A. 

  
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 (b) A termination of employment shall not be deemed to have occurred for purposes of any
provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination is also a “separation from service” within the meaning of Code Section 409A and,
for purposes of any such provision of this Agreement, references to a “termination,” “termination of employment” or like terms shall mean “separation from service.” 

(c) Notwithstanding any other payment schedule provided herein to the contrary, if Executive is deemed on the date of termination to be a
“specified employee” within the meaning of that term under Code Section 409A(a)(2)(B), then each of the following shall apply: 

(i) With regard to any payment that is considered deferred compensation under Code Section 409A payable on account of a “separation
from service,” such payment shall be made on the date which is the earlier of (A) the expiration of the six-month period measured from the date of such “separation from service” of
Executive, and (B) the date of Executive’s death (the “Delay Period”) to the extent required under Code Section 409A. Upon the expiration of the Delay Period, all payments delayed pursuant to this
Section 21(c)(i) (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) shall be paid to Executive in a lump sum, and all remaining payments due under this Agreement
shall be paid or provided in accordance with the normal payment dates specified for them herein; and 
 (ii) To the extent that any benefits
to be provided during the Delay Period is considered deferred compensation under Code Section 409A provided on account of a “separation from service,” and such benefits are not otherwise exempt from Code Section 409A, Executive
shall pay the cost of such benefits during the Delay Period, and the Company shall reimburse Executive, to the extent that such costs would otherwise have been paid by the Company or to the extent that such benefits would otherwise have been
provided by the Company at no cost to Executive, the Company’s share of the cost of such benefits upon expiration of the Delay Period, and any remaining benefits shall be reimbursed or provided by the Company in accordance with the procedures
specified herein. 
 (d) For purposes of Code Section 409A, Executive’s right to receive any installment payment pursuant to this
Agreement shall be treated as a right to receive a series of separate and distinct payments. 
 (e) Notwithstanding any other provision of
this Agreement to the contrary, in no event shall any payment under this Agreement that constitutes “deferred compensation” for purposes of Code Section 409A be subject to offset unless otherwise permitted by Code Section 409A.

  
 11 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above. 
  

			
	INFOR GLOBAL SOLUTIONS (MICHIGAN), INC.
		
	By:	 	/s/ Gregory M. Giangiordano
	Name:	 	Gregory M. Giangiordano
	Its:	 	President
	
	/s/ Soma Somasundaram
	SOMA SOMASUNDARAM

  
 12 

 Exhibit A 

GENERAL RELEASE 

I, SOMA SOMASUNDARAM, in consideration of and subject to the performance by Infor Global Solutions (Michigan), Inc., a Michigan
corporation (the “Company”), of its obligations under the Employment Agreement, dated as of October 21, 2010 (the “Agreement”), do hereby release and forever discharge as of the date hereof the Company and its
affiliates and all present and former directors, officers, agents, representatives, employees, successors and assigns of the Company and its affiliates and the Company’s direct or indirect owners (collectively, the “Released
Parties”) to the extent provided below. 
  

	1.	 I understand that any payments or benefits paid or granted to me under paragraph 4(c) of the Agreement
represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already entitled. I understand and agree that I will not receive the payments and benefits specified in paragraph 4(c) of
the Agreement unless I execute this General Release and do not revoke this General Release within the time period permitted hereafter or breach this General Release. I also acknowledge and represent that I have received all payments and benefits
that I am entitled to receive (as of the date hereof) by virtue of any employment by the Company. 

  

	2.	 Except as provided in paragraph 4 below and except for the provisions of my Employment Agreement and any
indemnity agreements entered into by and among me and/or the Company and any of its affiliates, in each case, which expressly survive the termination of my employment with the Company, I knowingly and voluntarily (for myself, my heirs, executors,
administrators and assigns) release and forever discharge the Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages,
liquidated damages, punitive or exemplary damages, other damages, claims for costs and attorneys’ fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date this General Release becomes effective
and enforceable) and whether known or unknown, suspected, or claimed against the Company or any of the Released Parties which I, my spouse, or any of my heirs, executors, administrators or assigns, may have, which arise out of or are connected with
my employment with, or my separation or termination from, the Company (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the
Age Discrimination in Employment Act of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker
Adjustment Retraining and Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local
civil or human rights law, or under any other local, state, or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any
claim for wrongful discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including attorneys’ fees 

	 	
incurred in these matters) (all of the foregoing collectively referred to herein as the “Claims”); provided that nothing herein shall release any Claims arising out of or
relating to my capacity as a current or former equityholder of the Company or any of its predecessors, subsidiaries or affiliates (it being agreed and acknowledged that any rights I may have as a current or former equityholder of the Company or any
of its predecessors, subsidiaries or affiliates shall be subject to the terms and conditions of the agreements and/or arrangements pursuant to which such equity securities were issued). 

 

	3.	 I represent that I have made no assignment or transfer of any right, claim, demand, cause of action, or other
matter covered by paragraph 2 above. 

  

	4.	 I agree that this General Release does not waive or release any rights or claims that I may have under the Age
Discrimination in Employment Act of 1967 which arise after the date I execute this General Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Agreement shall not serve as the
basis for any claim or action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967). 

  

	5.	 In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every
one of the Claims hereinabove mentioned or implied. I expressly consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected
Claims (notwithstanding any state statute that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I
acknowledge and agree that this waiver is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Agreement. I further agree that in the event I should bring a Claim
seeking damages against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims. I further agree that
I am not aware of any pending charge or complaint of the type described in paragraph 2 as of the execution of this General Release. 

  

	6.	 I agree that neither this General Release, nor the furnishing of the consideration for this General Release,
shall be deemed or construed at any time to be an admission by the Company, any Released Party or myself of any improper or unlawful conduct. 

  

	7.	 I agree that I will forfeit all amounts payable by the Company pursuant to the Agreement if I challenge the
validity of this General Release. I also agree that if I violate this General Release by suing the Company or the other Released Parties, I will pay all costs and expenses of defending against the suit incurred by the Released Parties, including
reasonable attorneys’ fees, and return all payments received by me pursuant to the Agreement. 

  

	8.	 I agree that this General Release is confidential and agree not to disclose any information regarding the terms
of this General Release, except to my immediate family and any tax, legal or other counsel I have consulted regarding the meaning or effect hereof or as required by law, and I will instruct each of the foregoing not to disclose the same to anyone.

	9.	 Any non-disclosure provision in this General Release does not prohibit
or restrict me (or my attorney) from responding to any inquiry about this General Release or its underlying facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD), any
other self-regulatory organization or governmental entity. 

  

	10.	 I agree to reasonably cooperate with the Company in any internal investigation or administrative, regulatory,
or judicial proceeding. I understand and agree that my cooperation may include, but not be limited to, making myself available to the Company upon reasonable notice for interviews and factual investigations; appearing at the Company’s request
to give testimony without requiring service of a subpoena or other legal process; volunteering to the Company pertinent information; and turning over to the Company all relevant documents which are or may come into my possession all at times and on
schedules that are reasonably consistent with my other permitted activities and commitments. I understand that in the event the Company asks for my cooperation in accordance with this provision, the Company will reimburse me solely for reasonable
travel expenses, including lodging and meals, upon my submission of receipts. 

  

	11.	 I agree not to disparage the Company, its past and present investors, officers, directors or employees or its
affiliates and to keep all confidential and proprietary information about the past or present business affairs of the Company and its affiliates confidential unless a prior written release from the Company is obtained. I further agree that as of the
date hereof, I have returned to the Company any and all property, tangible or intangible, relating to its business, which I possessed or had control over at any time (including, but not limited to, company-provided credit cards, building or office
access cards, keys, computer equipment, manuals, files, documents, records, software, customer data base and other data) and that I shall not retain any copies, compilations, extracts, excerpts, summaries or other notes of any such manuals, files,
documents, records, software, customer data base or other data. 

  

	12.	 Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish,
diminish, or in any way affect any rights or claims arising out of any breach by the Company or by any Released Party of the Agreement after the date hereof. 

  

	13.	 Whenever possible, each provision of this General Release shall be interpreted in, such manner as to be
effective and valid under applicable law, but if any provision of this General Release is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision or any other jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained
herein. 

 BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE THAT: 

 

	 	1.	 I HAVE READ IT CAREFULLY; 

 

	 	2.	 I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO,
RIGHTS 

	 	
UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990;
AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; 

  

	 	3.	 I VOLUNTARILY CONSENT TO EVERYTHING IN IT; 

 

	 	4.	 I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL
READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; 

  

	 	5.	 I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE SUBSTANTIALLY IN ITS FINAL FORM ON
______ __, ____ TO CONSIDER IT AND THE CHANGES MADE SINCE THE ______ __, ____ VERSION OF THIS RELEASE ARE NOT MATERIAL AND WILL NOT RESTART THE REQUIRED 21-DAY PERIOD; 

 

	 	6.	 THE CHANGES TO THE AGREEMENT SINCE ______ __, ____ EITHER ARE NOT MATERIAL OR WERE MADE AT MY REQUEST.

  

	 	7.	 I UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS RELEASE
SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; 

  

	 	8.	 I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO
ADVISE ME WITH RESPECT TO IT; AND 

  

	 	9.	 I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY
AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. 

 DATE:_____________ 

 

	
	
	   

	SOMA SOMASUNDARAMEX-4.3

 Exhibit 4.3 

RED ROCK RESORTS, INC. 

AMENDED AND RESTATED 

2016 EQUITY INCENTIVE PLAN 

Section 1. Purpose. The purposes of this Red Rock Resorts, Inc. Amended and Restated 2016 Equity Incentive Plan are to
promote the interests of Red Rock Resorts, Inc. and its stockholders by (a) attracting and retaining employees and directors of, and certain consultants to, the Company and its Affiliates; (b) motivating such individuals by means of
performance-related incentives to achieve longer-range performance goals; and/or (c) enabling such individuals to participate in the long-term growth and financial success of the Company. 

Section 2. Definitions. As used in the Plan, the following terms shall have the meanings set forth below: 

“Affiliate” shall mean any entity (i) that, directly or indirectly, is controlled by, controls or is under common control
with, the Company or (ii) in which the Company has a significant equity interest, in either case as determined by the Committee. 

“Award” shall mean any Option, Stock Appreciation Right, Restricted Stock Award, Restricted Stock Unit Award, Performance
Award, or Other Stock-Based Award made or granted from time to time hereunder. 
 “Award Agreement” shall mean any written
agreement, contract, or other instrument or document evidencing any Award, which may, but need not, be executed or acknowledged by a Participant. An Award Agreement may be in an electronic medium, may be limited to notation on the books and records
of the Company and, unless otherwise determined by the Committee, need not be signed by a representative of the Company. 

“Board” shall mean the Board of Directors of the Company. 

“Cause” as a reason for a Participant’s termination of employment or service shall have the meaning assigned such term
in the employment, severance or similar agreement, if any, between the Participant and the Company or a subsidiary of the Company. If the Participant is not a party to an employment, severance or similar agreement with the Company or a subsidiary of
the Company in which such term is defined, then unless otherwise defined in the applicable Award Agreement, “Cause” shall mean (i) persistent neglect or negligence in the performance of the Participant’s duties;
(ii) conviction (including, without limitation, pleas of guilty or no contest) for any act of fraud, misappropriation or embezzlement, or for any criminal offense related to the Company, any Affiliate or the Participant’s service;
(iii) any deliberate and material breach of fiduciary duty to the Company or any Affiliate, or any other conduct that leads to the material damage or prejudice of the Company or any Affiliate; or (iv) a material breach of a policy of the
Company or any Affiliate, such as the Company’s code of conduct. 
 “Change in Control” shall mean the occurrence of
any of the following events: 

  
 1 

 (a) the acquisition by any individual, entity or group (within the meaning of
Section 13(d)(3) or 14(d)(2) of the Exchange Act), other than a Permitted Holder, of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more
than 50% of the combined voting power of the then-outstanding securities entitled to vote generally in the election of members of the Board (the “Voting Power”) at such time;
provided that the following acquisitions shall not constitute a Change in Control: (i) any such acquisition directly from the Company; (ii) any such acquisition by the Company; (iii) any such acquisition by any employee benefit
plan (or related trust) sponsored or maintained by the Company or any of its subsidiaries; or (iv) any such acquisition pursuant to a transaction that complies with clauses (i), (ii) and (iii) of paragraph (c) below; or 

(b) individuals who, as of the Effective Date, constitute the Board (the “Incumbent Board”) cease for any reason (other than
death or disability) to constitute at least a majority of the Board; provided, that any individual becoming a director subsequent to the Effective Date, whose election, or nomination for election by the Company’s stockholders, was
approved by a vote of the directors then comprising the Incumbent Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without objection to such nomination)
shall be considered as though such individual was a member of the Incumbent Board, but excluding for this purpose, any such individual whose initial assumption of office occurs as a result of or in connection with an actual or threatened election
contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 

(c) consummation of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of the assets of the
Company (a “Business Combination”), in each case, unless following such Business Combination, (i) either (A) Permitted Holders or (B) all or substantially all of the individuals and entities who were the beneficial
owners of the Voting Power immediately prior to such transaction beneficially own, directly or indirectly, more than 50% of, respectively, the then-outstanding shares of common stock and the combined voting power of the then-outstanding voting
securities entitled to vote generally in the election of directors, as the case may be, of the entity resulting from such transaction (including, without limitation, an entity that, as a result of such transaction, owns the Company or substantially
all of the Company’s assets either directly or through one or more subsidiaries) and, in the case of the foregoing clause (B), in substantially the same proportions relative to each other as their ownership immediately prior to such
transaction of the securities representing the Voting Power, (ii) no Person (excluding any Permitted Holder, any entity resulting from such transaction or any employee benefit plan (or related trust) sponsored or maintained by the Company or
such entity resulting from such transaction) beneficially owns, directly or indirectly, more than 50% of, respectively, the then-outstanding shares of common stock of the entity resulting from such transaction, or the combined voting power of
the then-outstanding voting securities of such corporation, except to the extent that such ownership existed prior to such transaction, and (iii) at least a majority of the members of the board of directors of the entity resulting from such
transaction were members of the Incumbent Board at the time of the execution of the initial agreement with respect to, or the action of the Board providing for, such transaction; or 

(d) approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

  
 2 

 Notwithstanding the foregoing, if a Change in Control constitutes a payment event with respect to any Award
which provides for the deferral of compensation that is subject to Section 409A of the Code, then, to the extent required to avoid the imposition of additional taxes under Section 409A of the Code, the transaction or event described in
paragraph (a), (b), (c) or (d) above, with respect to such Award, shall only constitute a Change in Control for purposes of the payment timing of such Award if such transaction also constitutes a “change in control event,”
as defined in Treasury Regulation §1.409A-3(i)(5). 
 “Code” shall mean
the Internal Revenue Code of 1986, as amended from time to time. 
 “Committee” shall mean the Compensation Committee
of the Board (or its successor(s)), or any other committee of the Board designated by the Board to administer the Plan and composed of not less than two directors, each of whom is required to be a
“non-employee director” (within the meaning of Rule 16b-3) if and to the extent Rule 16b-3 is applicable to the Company
and the Plan, and an “outside director” (within the meaning of Section 162(m) of the Code) if and to the extent the Board determines it is necessary or appropriate to satisfy the conditions of any available exemption from the
deduction limit under Section 162(m) of the Code. If at any time such a committee has not been so designated or is not so composed, the Board shall constitute the Committee. 

“Company” shall mean Red Rock Resorts, Inc., together with any successor thereto. 

“Disability” shall mean a physical or mental disability or infirmity that prevents the performance by the Participant of his
or her duties lasting (or likely to last, based on competent medical evidence presented to the Company) for a continuous period of six months or longer. 

“Effective Date” shall have the definition as set forth in Section 17(a) of the Plan. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time. 

“Fair Market Value” shall mean (i) with respect to any property other than Shares, the fair market value of such
property determined by such methods or procedures as shall be established from time to time by the Committee and (ii) with respect to Shares, as of any date, the closing sale price (excluding any “after hours” trading) of the Shares
on the date of grant or the date of calculation, as the case may be, on the stock exchange or over the counter market on which the Shares are principally trading on such date (or on the last preceding trading date if Shares were not traded on such
date) if the Shares are readily tradable on a national securities exchange or other market system, and if the Shares are not readily tradable, Fair Market Value shall mean the amount determined in good faith by the Committee as the fair market value
of the Shares. 
 “Good Reason” as a reason for a Participant’s termination of employment shall have the meaning
assigned such term in the employment, severance or similar agreement, if any, between the Participant and the Company or a subsidiary of the Company. If the Participant is not a party to an employment, severance or similar agreement with the Company
or a subsidiary of the Company in which such term is defined, then unless otherwise defined in the applicable Award Agreement, “Good Reason” shall mean (i) a material diminution in the Participant’s base salary

  
 3 

 
from the level immediately prior to the Change in Control; or (ii) a material change in the geographic location at which the Participant must primarily perform the Participant’s
services (which shall in no event include a relocation of the Participant’s current principal place of business to a location less than 50 miles away) from the geographic location immediately prior to the Change in Control; provided
that no termination shall be deemed to be for Good Reason unless (a) the Participant provides the Company with written notice setting forth the specific facts or circumstances constituting Good Reason within 90 days after the initial
existence of the occurrence of such facts or circumstances, (b) to the extent curable, the Company has failed to cure such facts or circumstances within 30 days of its receipt of such written notice, and (c) the effective date of
the termination for Good Reason occurs no later than one 180 days after the initial existence of the facts or circumstances constituting Good Reason. 

“Incentive Stock Option” shall mean a right to purchase Shares from the Company that is granted under Section 6 of the
Plan and that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto. Incentive Stock Options may be granted only to Participants who meet the requirements of Section 422 of the Code. 

“Involuntary Termination” shall mean termination by the Company of a Participant’s employment or service by the Company
without Cause or termination of a Participant’s employment by the Participant for Good Reason. For the avoidance of doubt, an Involuntary Termination shall not include a termination of the Participant’s employment or service by the Company
for Cause or due to the Participant’s death, Disability or resignation without Good Reason. 

“Non-Qualified Stock Option” shall mean a right to purchase Shares from the Company
that is granted under Section 6 of the Plan and that is not intended to be an Incentive Stock Option or does not meet the requirements of Section 422 of the Code or any successor provision thereto. 

“Option” shall mean an Incentive Stock Option or a Non-Qualified Stock Option. 

“Other Stock-Based Award” shall mean any right granted under Section 10 of the Plan. 

“Participant” shall mean any employee of, or consultant to, the Company or its Affiliates, or
non-employee director who is a member of the Board or the board of directors of an Affiliate, eligible for an Award under Section 5 of the Plan and selected by the Committee, or its designee, to receive
an Award under the Plan. 
 “Performance Award” shall mean any right granted under Section 9 of the Plan. 

“Performance Criteria” shall mean the measurable criterion or criteria that the Committee shall select for purposes of
establishing the Performance Goal(s) for a Performance Period with respect to any performance-based Awards under the Plan. Performance Criteria may be described in terms of Company-wide objectives or objectives that are related to the performance of
the individual Participant or of one or more of the subsidiaries, divisions, departments, regions, functions or other organizational units within the Company or its Affiliates. The Performance Criteria may be made relative to the performance of
other companies or subsidiaries, divisions, departments, regions, functions or other organizational 

  
 4 

 
units within such other companies, and may be made relative to an index or one or more of the performance criteria themselves. The Performance Criteria that may be used to establish the
Performance Goal(s) for any performance-based Awards may be based on one or more, or a combination of, any performance criteria, metric or factor as may be determined by the Committee, including, without limitation, the following: (i) return on
net assets; (ii) pretax income before allocation of corporate overhead and bonus; (iii) budget; (iv) net income; (v) division, group or corporate financial goals; (vi) return on stockholders’ equity; (vii) return
on assets; (viii) return on capital; (ix) revenue; (x) profit margin; (xi) earnings per Share; (xii) net earnings; (xiii) operating earnings; (xiv) free cash flow; (xv) attainment of strategic and operational
initiatives; (xvi) appreciation in and/or maintenance of the price of the Shares or any other publicly-traded securities of the Company; (xvii) market share; (xviii) gross profits; (xix) earnings before interest and taxes;
(xx) earnings before interest, taxes, depreciation and amortization; (xxi) operating expenses; (xxii) capital expenses; (xxiii) enterprise value; (xxiv) equity market capitalization; (xxv) economic value-added models
and comparisons with various stock market indices; or (xxvi) reductions in costs. 
 “Performance Goals” shall mean,
for a Performance Period, one or more goals established by the Committee for the Performance Period based upon the Performance Criteria. The Committee is authorized, in its sole discretion, to adjust or modify the calculation of a Performance Goal
in order to prevent the dilution or enlargement of the rights of Participants, (a) in the event of, or in anticipation of, any unusual or extraordinary corporate item, transaction, event or development affecting the Company or its Affiliates;
(b) in recognition of, or in anticipation of, any other unusual or nonrecurring events affecting the Company or its Affiliates, or the financial statements of the Company or its Affiliates, or in response to, or in anticipation of, changes in
applicable laws, regulations, accounting principles, or business conditions; or (c) in recognition of any other item or event as may be deemed appropriate by the Committee in its discretion. 

“Performance Period” shall mean the one or more periods of time, as the Committee may select, over which the attainment of
one or more Performance Goals will be measured for the purpose of determining a Participant’s right to and the payment of a performance-based Award. 

“Permitted Holder” shall mean (a) (i) Frank J. Fertitta III and Lorenzo J. Fertitta and (ii) any lineal descendants
of such persons; (b) executors, administrators or legal representatives of the estate of any person listed in clause (a) of this sentence; (c) heirs, distributees and beneficiaries of any person listed in clause (a) of this
sentence; (d) any trust as to which any of the foregoing is a settlor or co-settlor; and (e) any corporation, partnership or other entity which is, directly or indirectly, controlling, controlled by
or under common control with, any of the foregoing. 
 “Person” shall mean any individual, corporation, partnership,
association, limited liability company, joint-stock company, trust, unincorporated organization, government, political subdivision or other entity. 

“Plan” shall mean this Red Rock Resorts, Inc. Amended and Restated 2016 Equity Incentive Plan, as amended from time to time.

  
 5 

 “Prior Plan” shall mean the Red Rock Resorts, Inc. 2016 Equity Incentive
Plan. 
 “Restricted Stock” shall mean any Share granted under Section 8 of the Plan. 

“Restricted Stock Unit” shall mean any unit granted under Section 8 of the Plan. 

“Rule 16b-3” shall mean
Rule 16b-3 as promulgated and interpreted by the SEC under the Exchange Act, or any successor rule or regulation thereto as in effect from time to time. 

“SEC” shall mean the Securities and Exchange Commission or any successor thereto, and shall include, without limitation, the
Staff thereof. 
 “Shares” shall mean the class A common stock of the Company, par value $0.01 per share, or such
other securities of the Company (i) into which such common stock shall be changed by reason of a recapitalization, merger, consolidation, split-up, combination, exchange of shares or other similar
transaction, or (ii) as may be determined by the Committee pursuant to Section 4(b) of the Plan. 
 “Stock Appreciation
Right” shall mean any right granted under Section 7 of the Plan. 
 “Substitute Awards” shall mean any Awards
granted under Section 4(c) of the Plan. 
 Section 3. Administration. 

(a) The Plan shall be administered by the Committee. Subject to the terms of the Plan and applicable law, and in addition to other express
powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to a Participant;
(iii) determine the number of Shares to be covered by, or with respect to which payments, rights, or other matters are to be calculated in connection with, Awards; (iv) determine the terms and conditions of any Award; (v) determine
whether, to what extent, and under what circumstances Awards may be settled or exercised in cash, Shares, other securities, other Awards or other property, or canceled, forfeited, or suspended and the method or methods by which Awards may be
settled, exercised, canceled, forfeited, or suspended; (vi) determine whether, to what extent, and under what circumstances cash, Shares, other securities, other Awards, other property, and other amounts payable with respect to an Award shall
be deferred either automatically or at the election of the holder thereof or of the Committee (in each case consistent with Section 409A of the Code); (vii) interpret, administer or reconcile any inconsistency, correct any defect, resolve
ambiguities and/or supply any omission in the Plan, any Award Agreement, and any other instrument or agreement relating to, or Award made under, the Plan; (viii) establish, amend, suspend, or waive such rules and regulations and appoint such
agents as it shall deem appropriate for the proper administration of the Plan; (ix) establish and administer Performance Goals and certify or determine whether, and to what extent, they have been attained; and (x) make any other
determination and take any other action that the Committee deems necessary or desirable for the administration or operation of the Plan. 

(b) Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations, and other decisions under or with
respect to the Plan or any Award or Award Agreement shall be within the sole discretion of the Committee, may be made at any time and shall be final, conclusive, and binding upon all Persons, including, without limitation, the Company, any
Affiliate, any Participant, any holder or beneficiary of any Award, and any stockholder. 

  
 6 

 (c) The mere fact that a Committee member shall fail to qualify as a “non-employee director” or “outside director” within the meaning of Rule 16b-3 and Section 162(m) of the Code, respectively, shall not invalidate
any Award otherwise validly made by the Committee under the Plan. Notwithstanding anything in this Section 3 to the contrary, the Board, or any other committee or sub-committee established by the Board,
is hereby authorized (in addition to any necessary action by the Committee) to grant or approve Awards as necessary to satisfy the requirements of Section 16 of the Exchange Act and the rules and regulations thereunder and to act in lieu of the
Committee with respect to Awards made to non-employee directors under the Plan. 
 (d) No member of
the Board or the Committee and no employee of the Company or any Affiliate shall be liable for any determination, act or failure to act hereunder (except in circumstances involving his or her bad faith), or for any determination, act or failure to
act hereunder by any other member or employee or by any agent to whom duties in connection with the administration of the Plan have been delegated. The Company shall indemnify members of the Board and the Committee and any agent of the Board or the
Committee who is an employee of the Company or an Affiliate against any and all liabilities or expenses to which they may be subjected by reason of any determination, act or failure to act with respect to their duties on behalf of the Plan (except
in circumstances involving such person’s bad faith). 
 (e) The Committee may from time to time delegate all or any part of its
authority under the Plan to a subcommittee thereof. To the extent of any such delegation, references in the Plan to the Committee will be deemed to be references to such subcommittee. In addition, subject to applicable law, the Committee may
delegate to one or more officers of the Company the authority to grant Awards to Participants who are not officers or directors of the Company subject to Section 16 of the Exchange Act or “covered employees” (within the meaning of
Section 162(m) of the Code). The Committee may employ such legal or other counsel, consultants and agents as it may deem desirable for the administration of the Plan and may rely upon any opinion or computation received from any such counsel,
consultant or agent. Expenses incurred by the Committee in the engagement of such counsel, consultant or agent shall be paid by the Company, or the Affiliate whose employees have benefited from the Plan, as determined by the Committee. 

Section 4. Shares Available for Awards. 

(a) Shares Available. 

(i) Subject to adjustment as provided in Section 4(b), the maximum number of Shares with respect to which Awards may be
granted from time to time under the Plan shall in the aggregate not exceed, at any time, the sum of (A) 11,585,479 Shares, plus (B) the number of shares available for issuance under the Prior Plan on the date the stockholders of the
Company approve the Plan, plus (C) any Shares that again become 

  
 7 

 
available for Awards under this Plan or the Prior Plan in accordance with Section 4(a)(ii) of this Plan or the Prior Plan, as applicable. Subject to adjustment as provided in
Section 4(b), the maximum number of Shares with respect to which Incentive Stock Options may be granted under the Plan shall be 11,585,479 Shares. Subject in each instance to adjustment as provided in Section 4(b), (1) the maximum
number of Shares with respect to which Awards (including Options and Stock Appreciation Rights) may be granted to any single Participant in respect of any fiscal year shall be 1,737,822 Shares, and (2) notwithstanding the foregoing
limitation, or any plan or program of the Company or any Subsidiary to the contrary, the maximum amount of compensation that may be paid to any single non-employee member of the Board in respect of any fiscal
year (including Awards under the Plan, determined based on the Fair Market Value of such Award as of the grant date, as well as any retainer fees) shall not exceed $750,000 (the “Director Compensation Limit”). In all events, but
subject to adjustment as provided in Section 4(b), the maximum number of Share-settled Awards (other than Options or stock-settled Stock Appreciation Rights) that may be made under the Plan shall not exceed, in the aggregate, 30% of the maximum
number of Shares that may be delivered under the first sentence of Section 4(a)(i) above. 
 (ii) Shares covered by an
Award granted under the Plan shall not be counted unless and until they are actually issued and delivered to a Participant and, therefore, the total number of Shares available under the Plan as of a given date shall not be reduced by Shares relating
to prior Awards that (in whole or in part) have expired or have been withheld, forfeited or cancelled, and upon payment in cash of the benefit provided by any Award, any Shares that were covered by such Award will be available for issue hereunder.
For the avoidance of doubt, the following Shares shall again be made available for delivery to Participants under the Plan: (A) Shares not issued or delivered as a result of the net settlement of an outstanding Option or Stock Appreciation
Right, (B) Shares used to pay the exercise price or withholding taxes related to an outstanding Award, and (C) Shares repurchased by the Company using proceeds realized by the Company in connection with a Participant’s exercise of an
Option or Stock Appreciation Right. 
 (b) Adjustments. Notwithstanding any provisions of the Plan to the contrary, in the event that
the Committee determines, in its sole discretion, 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, issuance of warrants or other rights to purchase
Shares or other securities of the Company, or other corporate transaction or event affects the Shares such that an adjustment is appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under the Plan, then the Committee shall equitably adjust any or all of (i) the number of Shares or other securities of the Company (or number and kind of other securities or property) with respect to which Awards may be granted,
(ii) the number of Shares or other securities of the Company (or number and kind of other securities or property) subject to outstanding Awards, and (iii) the grant or exercise price with respect to any Award or, if deemed appropriate,
make provisions for a cash payment or other consideration to the holder of an outstanding Award in consideration for the cancellation of such Award, which, in the case of Options and Stock Appreciation Rights

  
 8 

 
shall equal the excess, if any, of the Fair Market Value of the Share subject to each such Option or Stock Appreciation Right over the per Share exercise price or grant price of such Option or
Stock Appreciation Right. The Committee will also make or provide for such adjustments in the numbers of Shares specified in Section 4(a)(i) of the Plan as the Committee, in its sole discretion, exercised in good faith, may determine is
appropriate to reflect any transaction or event described in this Section 4(b); provided, however, that any such adjustment to the numbers specified in Section 4(a)(i) of the Plan will be made only if and to the extent that
such adjustment would not cause any Option intended to qualify as an Incentive Stock Option to fail to so qualify. 
 (c) Substitute
Awards. 
 (i) Awards may be granted under the Plan in substitution for or in conversion of, or in connection with an
assumption of, stock options, stock appreciation rights, restricted stock, restricted stock units or other stock or stock-based awards held by awardees of an entity engaging in an acquisition or merger transaction with the Company or any subsidiary
of the Company. Any conversion, substitution or assumption will be effective as of the close of the merger or acquisition, and, to the extent applicable, will be conducted in a manner that complies with Section 409A of the Code. 

(ii) In the event that an entity acquired by the Company or any subsidiary of the Company, or with which the Company or any
subsidiary of the Company merges, has shares available under a pre-existing plan previously approved by stockholders and not adopted in contemplation of such acquisition or merger, the shares available for
grant pursuant to the terms of such plan (as adjusted, to the extent appropriate, to reflect such acquisition or merger) may be used for Awards made after such acquisition or merger under the Plan; provided, however, that Awards using
such available shares may not be made after the date awards or grants could not have been made under the terms of the pre-existing plan absent the acquisition or merger, and may only be made to individuals who
were not employees or directors of the Company or any subsidiary of the Company prior to such acquisition or merger. The Awards so granted may reflect the original terms of the awards being assumed or substituted or converted for and need not comply
with other specific terms of the Plan, and may account for Shares substituted for the securities covered by the original awards and the number of shares subject to the original awards, as well as any exercise or purchase prices applicable to the
original awards, adjusted to account for differences in stock prices in connection with the transaction. 
 (iii) Any Shares
that are issued or transferred by, or that are subject to any Awards that are granted by, or become obligations of, the Company under Sections 4(c)(i) or 4(c)(ii) of the Plan will not reduce the Shares available for issuance or transfer
under the Plan or otherwise count against the limits described in Section 4(a)(i) of the Plan. In addition, no Shares that are issued or transferred by, or that are subject to any Awards that are granted by, or become obligations of, the
Company under Sections 4(c)(i) or 4(c)(ii) of the Plan will be added to the aggregate limit described in Section 4(a)(i) of the Plan. 

  
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 (d) Sources of Shares Deliverable Under Awards. Any Shares delivered pursuant to an
Award may consist, in whole or in part, of authorized and unissued Shares or of treasury Shares. 
 Section 5.
Eligibility. Any employee of, or consultant to, the Company or any of its Affiliates (including, without limitation, any prospective employee), or non-employee director who is a member of the
Board or the board of directors of an Affiliate, shall be eligible to be selected as a Participant. 
 Section 6. Stock
Options. 
 (a) Grant. Subject to the terms of the Plan, the Committee shall have sole authority to determine the Participants
to whom Options shall be granted, the number of Shares to be covered by each Option, the exercise price thereof and the conditions and limitations applicable to the exercise of the Option. The Committee shall have the authority to grant Incentive
Stock Options, or to grant Non-Qualified Stock Options, or to grant both types of Options. In the case of Incentive Stock Options, the terms and conditions of such Awards shall be subject to and comply with
such rules as may be prescribed by Section 422 of the Code and any regulations implementing such statute. All Options when granted under the Plan are intended to be Non-Qualified Stock Options, unless the
applicable Award Agreement expressly states that the Option is intended to be an Incentive Stock Option. If an Option is intended to be an Incentive Stock Option, and if for any reason such Option (or any portion thereof) shall not qualify as an
Incentive Stock Option, then, to the extent of such nonqualification, such Option (or portion thereof) shall be regarded as a Non-Qualified Stock Option appropriately granted under the Plan; provided
that such Option (or portion thereof) otherwise complies with the Plan’s requirements relating to Non-Qualified Stock Options. No Option shall be exercisable more than ten years from the date of grant.

 (b) Exercise Price. The Committee shall establish the exercise price at the time each Option is granted, which exercise price shall
be set forth in the applicable Award Agreement and which exercise price (except with respect to Substitute Awards) shall not be less than the Fair Market Value per Share on the date of grant. 

(c) Exercise. Each Option shall be exercisable at such times and subject to such terms and conditions as the Committee may, in its sole
discretion, specify in the applicable Award Agreement. The Committee may impose such conditions with respect to the exercise of Options, including, without limitation, any relating to the application of federal or state securities laws, as it may
deem necessary or advisable. 
 (d) Payment. 

(i) No Shares shall be delivered pursuant to any exercise of an Option until payment in full of the aggregate exercise price
therefor is received by the Company. Such payment may be made (A) in cash or its equivalent, (B) in the discretion of the Committee and subject to such rules as may be established by the Committee and applicable law, by exchanging Shares
owned by the Participant (which are not the subject of any pledge or other security interest and which have been owned by such Participant 

  
 10 

 
for at least six months), (C) in the discretion of the Committee and subject to such rules as may be established by the Committee and applicable law, through delivery of irrevocable
instructions to a broker to sell the Shares otherwise deliverable upon the exercise of the Option and to deliver promptly to the Company an amount equal to the aggregate exercise price, (D) in the discretion of the Committee and subject to such
rules as may be established by the Committee and applicable law, by the Company’s withholding of Shares otherwise issuable upon exercise of an Option pursuant to a “net exercise” arrangement (it being understood that, solely for
purposes of determining the number of treasury shares held by the Company, the Shares so withheld will not be treated as issued and acquired by the Company upon such exercise), (E) by a combination of the foregoing, or (F) by such other
methods as may be approved by the Committee and subject to such rules as may be established by the Committee and applicable law, provided that the combined value of all cash and cash equivalents and the Fair Market Value of any such Shares so
tendered to the Company or withheld as of the date of such tender or withholding is at least equal to such aggregate exercise price. 

(ii) Wherever in the Plan or any Award Agreement a Participant is permitted to pay the exercise price of an Option or taxes
relating to the exercise of an Option by delivering Shares, the Participant may, subject to procedures satisfactory to the Committee and applicable law, satisfy such delivery requirement by presenting proof of beneficial ownership of such Shares, in
which case the Company shall treat the Option as exercised without further payment and shall withhold such number of Shares from the Shares acquired by the exercise of the Option. 

Section 7. Stock Appreciation Rights. 

(a) Grant. Subject to the provisions of the Plan, the Committee shall have sole authority to determine the Participants to whom Stock
Appreciation Rights shall be granted, the number of Shares to be covered by each Stock Appreciation Right Award, the grant price thereof and the conditions and limitations applicable to the exercise thereof. Stock Appreciation Rights may be granted
in tandem with another Award, in addition to another Award, or freestanding and unrelated to another Award. Stock Appreciation Rights granted in tandem with or in addition to an Award may be granted either before, at the same time as the Award or at
a later time. No Stock Appreciation Right shall be exercisable more than ten years from the date of grant. 
 (b) Exercise and
Payment. A Stock Appreciation Right shall entitle the Participant to receive an amount equal to the excess of the Fair Market Value of one Share on the date of exercise of the Stock Appreciation Right over the grant price thereof (which grant
price (except with respect to Substitute Awards) shall not be less than the Fair Market Value on the date of grant). The Committee shall determine, in its sole discretion, whether a Stock Appreciation Right shall be settled in cash, Shares or a
combination of cash and Shares. 
 Section 8. Restricted Stock and Restricted Stock Units. 

(a) Grant. Subject to the provisions of the Plan, the Committee shall have sole authority to determine the Participants to whom Shares
of Restricted Stock and Restricted Stock Units shall be granted, the number of Shares of Restricted Stock and/or the number of Restricted Stock Units to be granted to each Participant, the duration of the period during which, and the conditions, if
any, under which, the Restricted Stock and Restricted Stock Units may vest and/or be forfeited to the Company, and the other terms and conditions of such Awards. 

  
 11 

 (b) Transfer Restrictions. Unless otherwise directed by the Committee,
(i) certificates issued in respect of Shares of Restricted Stock shall be registered in the name of the Participant and deposited by such Participant, together with a stock power endorsed in blank, with the Company, or (ii) Shares of
Restricted Stock shall be held at the Company’s transfer agent in book entry form with appropriate restrictions relating to the transfer of such Shares of Restricted Stock. Upon the lapse of the restrictions applicable to such Shares of
Restricted Stock, the Company shall, as applicable, either deliver such certificates to the Participant or the Participant’s legal representative, or the transfer agent shall remove the restrictions relating to the transfer of such Shares.
Shares of Restricted Stock and Restricted Stock Units may not be sold, assigned, transferred, pledged or otherwise encumbered, except as provided in the Plan or the applicable Award Agreement. 

(c) Payment. Each Restricted Stock Unit shall have a value equal to the Fair Market Value of one Share. Restricted Stock Units shall be
paid in cash, Shares, other securities or other property, as determined in the sole discretion of the Committee, upon or after the lapse of the restrictions applicable thereto, or otherwise in accordance with the applicable Award Agreement. No
dividends shall be paid on any Shares of Restricted Stock, and no dividend equivalents shall be paid on any Restricted Stock Units, prior to the vesting of the Restricted Stock or Restricted Stock Units, as applicable. Shares of Restricted Stock and
Shares issued in respect of Restricted Stock Units may be issued with or without other payments therefor or such other consideration as may be determined by the Committee, consistent with applicable law. 

Section 9. Performance Awards. 

(a) Grant. The Committee shall have sole authority to determine the Participants who shall receive a Performance Award, which shall
consist of a right which is (i) denominated in cash or Shares, (ii) valued, as determined by the Committee, in accordance with the achievement of such Performance Goals during such Performance Periods as the Committee shall establish, and
(iii) payable at such time and in such form as the Committee shall determine. 
 (b) Terms and Conditions. Subject to the terms
of the Plan and any applicable Award Agreement, the Committee shall determine the Performance Goals to be achieved during any Performance Period, the length of any Performance Period, the amount of any Performance Award and the amount and kind of
any payment or transfer to be made pursuant to any Performance Award. The Committee may require or permit the deferral of the receipt of Performance Awards upon such terms as the Committee deems appropriate and in accordance with Section 409A
of the Code. 
 (c) Payment of Performance Awards. Performance Awards may be paid in a lump sum or in installments following the close
of the Performance Period, as set forth in the applicable Award Agreement. 

  
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 Section 10. Other Stock-Based Awards. The Committee shall
have authority to grant to Participants an Other Stock-Based Award, which shall consist of any right which is (i) not an Award described in Sections 6 through 9 of the Plan, and (ii) an Award of Shares or an Award denominated or
payable in, valued in whole or in part by reference to, or otherwise based on or related to, Shares (including, without limitation, securities convertible into Shares), as deemed by the Committee to be consistent with the purposes of the Plan;
provided that any such rights must comply, to the extent deemed desirable by the Committee, with Rule 16b-3 and applicable law. Subject to the terms of the Plan and any applicable Award Agreement,
the Committee shall determine the terms and conditions of any such Other Stock-Based Award, including, without limitation, the price, if any, at which securities may be purchased pursuant to any Other
Stock-Based Award granted under the Plan. 
 Section 11. Amendment and
Termination. 
 (a) Amendments to the Plan. The Board may amend, alter, suspend, discontinue, or terminate the Plan or any
portion thereof at any time; provided that if an amendment to the Plan (i) would materially increase the benefits accruing to Participants under the Plan, (ii) would materially increase the number of securities which may be issued under
the Plan, (iii) would increase the Director Compensation Limit, or (iv) must otherwise be approved by the stockholders of the Company in order to comply with applicable law or the rules of the principal national securities exchange upon
which the Shares are traded or quoted, such amendment will be subject to stockholder approval and will not be effective unless and until such approval has been obtained; and provided, further, that any such amendment, alteration,
suspension, discontinuance or termination that would materially impair the rights of any Participant or any holder or beneficiary of any Award previously granted shall not be effective without the written consent of the affected Participant, holder
or beneficiary. 
 (b) Amendments to Awards. The Committee may waive any conditions or rights under, amend any terms of, or alter,
suspend, discontinue, cancel or terminate, any Award theretofore granted; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would materially impair the rights of any Participant
or any holder or beneficiary of any Award previously granted shall not be effective without the written consent of the affected Participant, holder or beneficiary. 

(c) Adjustment of Awards Upon the Occurrence of Certain Unusual or Nonrecurring Events. The Committee is hereby authorized to make
equitable adjustments in the terms and conditions of, and the criteria included in, all outstanding Awards in recognition of unusual or nonrecurring events (including, without limitation, the events described in Section 4(b) hereof) affecting
the Company, any Affiliate, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Committee determines that such adjustments are appropriate in order to
prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. 
 (d) Repricing.
Except in connection with a corporate transaction or event described in Section 4(b) hereof, the terms of outstanding Awards may not be amended to reduce the exercise price of Options or the grant price of Stock Appreciation Rights, or to
cancel Options or Stock Appreciation Rights in exchange for cash, other Awards or Options or Stock Appreciation 

  
 13 

 
Rights with an exercise price or grant price, as applicable, that is less than the exercise price of the original Options or grant price of the original Stock Appreciation Rights, as applicable,
without stockholder approval. This Section 11(d) is intended to prohibit the repricing of “underwater” Options and Stock Appreciation Rights and will not be construed to prohibit the adjustments provided for in Section 4(b) of
the Plan. 
 Section 12. Change in Control. 

In the event of a Change in Control, unless otherwise determined by the Committee in a written resolution upon or prior to the date of grant or
set forth in an applicable Award Agreement, the following acceleration, exercisability and valuation provisions will apply: 
 (a) Except to
the extent that an award meeting the requirements of Section 12(c) hereof is provided to a Participant in respect of such Participant’s outstanding Awards to replace or adjust such outstanding Awards (each, a “Replaced
Award”), upon a Change in Control, each then-outstanding Option and Stock Appreciation Right will become fully vested and exercisable, and the restrictions applicable to each outstanding Restricted Stock Award, Restricted Stock Unit Award,
Performance Award or Other Stock-Based Award will lapse, and each Award will be fully vested (with any applicable Performance Goals deemed to have been achieved at a target level as of the date of such vesting) (any Awards that become vested as a
result of the foregoing or pursuant to the terms of the applicable Award Agreement, “CIC Vested Awards”). 
 (b) With
respect to any CIC Vested Awards, such awards may be cancelled or converted in connection with the Change in Control and the Committee may cause to be paid or provided to the holders thereof, in cash, Shares, other securities or other property, or
any combination thereof, the value of such CIC Vested Awards, if any, as determined by the Committee (which, if applicable, may be based upon the price per Share received or to be received by other stockholders of the Company in connection with the
Change in Control), including without limitation, in the case of an outstanding Option or Stock Appreciation Right, a cash payment in an amount equal to the excess, if any, of the Fair Market Value (as of a date specified by the Committee) of the
Share(s) subject to such Option or Stock Appreciation Right over the aggregate exercise price of such Option or Stock Appreciation Right, respectively (it being understood that, in such event, any Option or Stock Appreciation Right having a per
share exercise price equal to, or in excess of, the Fair Market Value of a Share subject thereto may be canceled and terminated without any payment or consideration therefor). 

(c) An award meets the conditions of this Section 12(c) (and hence qualifies as a “Replacement Award”) only if
(i) it is of the same type (e.g., stock option for Option, restricted stock for Restricted Stock, restricted stock unit for Restricted Stock Unit, etc.) as the Replaced Award, (ii) it has a value at least equal to the value of the Replaced
Award, (iii) it relates to publicly traded equity securities of the Company or its successor in the Change in Control or another entity that is affiliated with the Company or its successor following the Change in Control, (iv) if the
Participant holding the Replaced Award is subject to U.S. federal income tax under the Code, the tax consequences to such Participant under the Code of the Replacement Award are not less favorable to such Participant than the tax consequences
of the Replaced Award, and (v) its other terms and conditions are not less favorable to the Participant holding the Replaced Award than the terms and conditions of the Replaced Award (including, without

  
 14 

 
limitation, the provisions that would apply in the event of a subsequent Change in Control). Without limiting the generality of the foregoing, the Replacement Award may take the form of a
continuation of the Replaced Award if the requirements of the preceding sentence are satisfied. The determination of whether the conditions of this Section 12(c) are satisfied will be made by the Committee, as constituted immediately before the
Change in Control, in its sole discretion (taking into account the requirements of Treasury Regulation 1.409A-3(i)(5)(iv) (B) and compliance of the Replaced Award or Replacement Award with
Section 409A of the Code). Without limiting the generality of the foregoing, the Committee may determine the value of Awards and Replacement Awards that are stock options by reference to either their intrinsic value or their fair value. 

(d) Upon the Involuntary Termination, during the period of two years immediately following a Change in Control, of a Participant holding
Replacement Awards, (i) all Replacement Awards held by the Participant will become fully vested and, if applicable, exercisable and free of restrictions (with any applicable performance goals deemed to have been achieved at a target level as of
the date of such vesting), and (ii) all Options and Stock Appreciation Rights held by the Participant immediately before such Involuntary Termination that the Participant also held as of the date of the Change in Control and all stock options
and stock appreciation rights that constitute Replacement Awards will remain exercisable for a period of 90 days following such Involuntary Termination or until the expiration of the stated term of such stock option or stock appreciation
right, whichever period is shorter (provided, however, that, if the applicable Award Agreement provides for a longer period of exercisability, that provision will control). 

(e) Notwithstanding anything in the Plan or any Award Agreement to the contrary, to the extent that any provision of the Plan or an applicable
Award Agreement would cause a payment of deferred compensation that is subject to Section 409A of the Code to be made upon the occurrence of (i) a Change in Control, then such payment shall not be made unless such Change in Control also
constitutes a “change in control event” within the meaning of Section 409A of the Code and the regulatory guidance promulgated thereunder or (ii) a termination of employment or service, then such payment shall not be made unless
such termination of employment or service also constitutes a “separation from service” within the meaning of Section 409A of the Code and the regulatory guidance promulgated thereunder. Any payment that would have been made except for
the application of the preceding sentence shall be made in accordance with the payment schedule that would have applied in the absence of a Change in Control or termination of employment or service, but disregarding any future service and/or
performance requirements. 
 Section 13.
Non-U.S. Participants. In order to facilitate the granting of any Award or combination of Awards under the Plan, the Committee may provide for such special terms
for awards to Participants who are foreign nationals or who are employed by the Company or any Affiliate outside of the United States of America or who provide services to the Company or an Affiliate under an agreement with a foreign nation or
agency, as the Committee may consider necessary or appropriate to accommodate differences in local law, tax policy or custom. Moreover, the Committee may approve such supplements to or amendments, restatements or alternative versions of the Plan
(including, without limitation, sub-plans) as it may consider necessary or appropriate for such purposes, without thereby affecting the terms 

  
 15 

 
of the Plan as in effect for any other purpose, and the Secretary or other appropriate officer of the Company may certify any such document as having been approved and adopted in the same manner
as the Plan. No such special terms, supplements, amendments or restatements, however, will include any provisions that are inconsistent with the terms of the Plan as then in effect unless the Plan could have been amended to eliminate such
inconsistency without further approval by the stockholders of the Company. 
 Section 14. Detrimental Activity
and Recapture Provisions. Any Award Agreement may provide for the cancellation or forfeiture of an Award or the forfeiture and repayment to the Company of any gain related to an Award, or other provisions intended to have a similar effect,
upon such terms and conditions as may be determined by the Committee from time to time, including, without limitation, in the event that a Participant, during employment or other service with the Company or an Affiliate, shall engage in activity
detrimental to the business of the Company. In addition, notwithstanding anything in the Plan to the contrary, any Award Agreement may also provide for the cancellation or forfeiture of an Award or the forfeiture and repayment to the Company of any
gain related to an Award, or other provisions intended to have a similar effect, upon such terms and conditions as may be required by the Committee or under Section 10D of the Exchange Act and any applicable rules or regulations promulgated by
the SEC or any national securities exchange or national securities association on which the Shares may be traded or under any clawback policy adopted by the Company. 

Section 15. General Provisions. 

(a) Nontransferability. 

(i) Each Award, and each right under any Award, shall be exercisable only by the Participant during the Participant’s
lifetime, or, if permissible under applicable law, by the Participant’s legal guardian or representative. 
 (ii) No
Award may be sold, assigned, alienated, pledged, attached or otherwise transferred or encumbered by a Participant otherwise than by will or by the laws of descent and distribution, and any such purported sale, assignment, alienation, pledge,
attachment, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that the designation of a beneficiary shall not constitute a sale, assignment, alienation, pledge, attachment, transfer or
encumbrance. In no event may any Award granted under the Plan be transferred for value. 
 (iii) Notwithstanding the
foregoing, at the discretion of the Committee, an Award may be transferred by a Participant solely to the Participant’s spouse, siblings, parents, children and grandchildren or trusts for the benefit of such persons or partnerships,
corporations, limited liability companies or other entities owned solely by such persons, including, without limitation, trusts for such persons, subject to any restriction in the applicable Award Agreement. 

(b) Dividend Equivalents. In the sole discretion of the Committee, an Award (other than Options or Stock Appreciation Rights), whether
made as an Other Stock-Based Award or as an Award granted pursuant to Sections 6 through 9 hereof, may provide the Participant with dividends or dividend equivalents, payable in cash, Shares, other securities or other property on a current or
deferred basis; provided, that no such dividends or dividend equivalents shall be paid unless and until the underlying Award vests. 

  
 16 

 (c) No Rights to Awards. No Participant or other Person shall have any claim to be
granted any Award, and there is no obligation for uniformity of treatment of Participants, Awards, or holders or beneficiaries of Awards. The terms and conditions of Awards and the Committee’s determinations and interpretations with respect
thereto need not be the same with respect to each or any Participant (whether or not such Participants are similarly situated). 
 (d)
Share Certificates. Shares or other securities of the Company or any Affiliate delivered under the Plan pursuant to any Award or the exercise thereof shall be subject to such stop transfer orders and other restrictions as the Committee may
deem advisable under the Plan or the rules, regulations, and other requirements of the SEC, any stock exchange upon which such Shares or other securities are then listed, and any applicable Federal or state laws. The Committee may cause a legend or
legends to be put on any such certificates to make appropriate reference to such restrictions. 
 (e) Withholding. 

(i) A Participant may be required to pay to the Company or any Affiliate, and, subject to Section 409A of the Code, the
Company or any Affiliate shall have the right and is hereby authorized to withhold from any Award, from any payment due or transfer made under any Award or under the Plan or from any compensation or other amount owing to a Participant the amount (in
cash, Shares, other securities, other Awards or other property) of any applicable withholding taxes in respect of an Award, its exercise, or any payment or transfer under an Award or under the Plan, and to take such other action(s) as may be
necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes. 
 (ii) Without limiting
the generality of clause (i) above, in the discretion of the Committee and subject to such rules as it may adopt (including, without limitation, any as may be required to satisfy applicable tax and/or
non-tax regulatory requirements) and applicable law, a Participant may satisfy, in whole or in part, the foregoing withholding liability by delivery of Shares owned by the Participant (which are not subject to
any pledge or other security interest and which have been owned by the Participant for at least six months) with a Fair Market Value equal to such withholding liability or by having the Company withhold from the number of Shares otherwise issuable
pursuant to the exercise of the Option (or the settlement of such Award in Shares) a number of Shares with a Fair Market Value equal to such withholding liability. 

(f) Award Agreements. Each Award hereunder shall be evidenced by an Award Agreement, which shall be delivered to the Participant and
shall specify the terms and conditions of the Award and any rules applicable thereto, including, without limitation, the effect on such Award of the death, disability or termination of employment or service of a Participant and the effect, if any,
of such other events as may be determined by the Committee. 

  
 17 

 (g) No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall
prevent the Company or any Affiliate from adopting or continuing in effect other compensation arrangements, which may, but need not, provide for the grant of options, restricted stock, restricted stock units, Shares and other types of Awards
provided for hereunder (subject to stockholder approval if such approval is required), and such arrangements may be either generally applicable or applicable only in specific cases. 

(h) No Right to Employment. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ
of, or in any consulting or other service relationship to, or as a director on the Board or board of directors, as applicable, of, the Company or any Affiliate. Further, the Company or an Affiliate may at any time dismiss a Participant from
employment or discontinue any consulting or other service relationship, free from any liability or any claim under the Plan or any Award Agreement, unless otherwise expressly provided in any applicable Award Agreement or any applicable employment or
other service contract or agreement with the Company or an Affiliate. 
 (i) No Rights as Stockholder. Subject to the provisions of
the applicable Award, no Participant or holder or beneficiary of any Award shall have any rights as a stockholder with respect to any Shares to be distributed under the Plan until he or she has become the holder of such Shares. Notwithstanding the
foregoing, in connection with each grant of Restricted Stock hereunder, the applicable Award shall specify if and to what extent the Participant shall be entitled to the rights of a stockholder in respect of such Restricted Stock. 

(j) Governing Law. The validity, construction, and effect of the Plan and any rules and regulations relating to the Plan and any Award
Agreement shall be determined in accordance with the laws of the State of Delaware, applied without giving effect to its conflict of laws principles. 

(k) Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in any
jurisdiction or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be
construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person or Award and the remainder of the Plan and any such
Award shall remain in full force and effect. 
 (l) Other Laws. The Committee may refuse to issue or transfer any Shares or other
consideration under an Award if, acting in its sole discretion, it determines that the issuance or transfer of such Shares or such other consideration might violate any applicable law or regulation or entitle the Company to recover the same under
Section 16(b) of the Exchange Act, and any payment tendered to the Company by a Participant, other holder or beneficiary in connection with the exercise of such Award shall be promptly refunded to the relevant Participant, holder or
beneficiary. Without limiting the generality of the foregoing, no Award granted hereunder shall be construed as an offer to sell securities of the Company, and no such offer shall be outstanding, unless and until the Committee, in its sole
discretion, has determined that any such offer, if made, would be in compliance with the requirements of all applicable securities laws. 

  
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 (m) No Trust or Fund Created. Neither the Plan nor any Award shall create or be
construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Affiliate and a Participant or any other Person. To the extent that any Person acquires a right to receive payments from the Company or
any Affiliate pursuant to an Award, such right shall be no greater than the right of any unsecured general creditor of the Company or such Affiliate. 

(n) No Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan or any Award, and the Committee shall
determine whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional Shares or whether such fractional Shares or any rights thereto shall be canceled, terminated, or otherwise eliminated without
additional consideration. 
 (o) Deferrals. In the event the Committee permits a Participant to defer any Award payable in the form of
cash, all such elective deferrals shall be accomplished by the delivery of a written, irrevocable election by the Participant on a form provided by the Company. All deferrals shall be made in accordance with administrative guidelines established by
the Committee to ensure that such deferrals comply with all applicable requirements of Section 409A of the Code. However, in no event shall the Company or any of its Affiliates be liable for any failure to comply with such requirements. 

(p) Headings. Headings are given to the Sections and subsections of the Plan solely as a convenience to facilitate reference. Such
headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any provision thereof. 

Section 16. Compliance with Section 409A of the Code. 

(a) To the extent applicable, it is intended that the Plan and any Awards granted hereunder comply with the provisions of Section 409A of
the Code, so that the income inclusion provisions of Section 409A(a)(1) of the Code do not apply to the Participants. The Plan and any Awards granted hereunder shall be administered in a manner consistent with this intent. Any reference in the
Plan to Section 409A of the Code will also include any regulations or any other formal guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service. 

(b) Neither a Participant nor any of a Participant’s creditors or beneficiaries shall have the right to subject any deferred compensation
(within the meaning of Section 409A of Code) payable under the Plan and Awards granted hereunder to any anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment or garnishment. Except as permitted under
Section 409A of the Code, any deferred compensation (within the meaning of Section 409A of the Code) payable to a Participant or for a Participant’s benefit under the Plan and Awards granted hereunder may not be reduced by, or offset
against, any amount owing by a Participant to the Company or any of its Affiliates. 

  
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 (c) If, at the time of a Participant’s separation from service (within the meaning of
Section 409A of the Code), (i) the Participant shall be a specified employee (within the meaning of Section 409A of the Code and using the identification methodology selected by the Company from time to time) and (ii) the Company
shall make a good faith determination that an amount payable hereunder constitutes deferred compensation (within the meaning of Section 409A of the Code) the payment of which is required to be delayed pursuant to the six-month delay rule set forth in Section 409A of the Code in order to avoid taxes or penalties under Section 409A of the Code, then the Company shall not pay such amount on the otherwise scheduled payment
date but shall instead pay it on the earlier of (A) the first business day of the seventh month following the Participant’s separation from service or (B) the date of the Participant’s death. 

(d) Notwithstanding anything to the contrary in the Plan or any Award Agreement, to the extent that the Plan and/or Awards granted hereunder
are subject to Section 409A of the Code, the Committee may, in its sole discretion, and without a Participant’s prior consent, amend the Plan and/or Award, adopt policies and procedures, or take any other actions (including, without
limitation, amendments, policies, procedures and actions with retroactive effect) as the Committee determines are necessary or appropriate to (i) exempt the Plan and/or any Award from the application of Section 409A of the Code,
(ii) preserve the intended tax treatment of any such Award, or (iii) comply with the requirements of Section 409A of the Code, including, without limitation, any regulations or other guidance that may be issued after the date of the
grant. In any case, notwithstanding anything to the contrary, a Participant shall be solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on a Participant or for a Participant’s account in connection
with the Plan and Awards granted hereunder (including, without limitation, any taxes and penalties under Section 409A of the Code), and neither the Company nor any of its Affiliates shall have any obligation to indemnify or otherwise hold a
Participant harmless from any or all of such taxes or penalties. 
 Section 17. Term of the Plan. 

(a) Effective Date. The Plan shall be effective as of April 23, 2019, which was the date of its approval by the Board (the
“Effective Date”), subject to approval of the Plan by the stockholders of the Company within 12 months following the Effective Date. Subject to approval of the Plan by the stockholders of the Company
within 12 months following the Effective Date, no award grants will be made under the Prior Plan on or following the date of such stockholder approval, except that outstanding awards previously granted under the Prior Plan shall continue
unaffected. 
 (b) Expiration Date. No Award will be granted under the Plan more than ten years after the Effective Date, but all
Awards granted on or prior to such date will continue in effect thereafter subject to the terms thereof and of the Plan. 

  
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