Document:

Incentive Bonus Plan for Officers and Key Managers

 Exhibit 10.1 
 CONFIDENTIAL 
 INCENTIVE BONUS PLAN 

FOR OFFICERS AND KEY MANAGERS 
 Effective 10/1/2011 
 Summary of the Program 

The purpose of the Jacobs Engineering Group Inc. and its subsidiaries (“Company”) Incentive Bonus Plan (the “Plan”) is to promote the
success of the Company by attracting and retaining highly qualified people who perform to the best of their abilities to achieve Company objectives and profitability. This program is designed to cover designated officers and key managers of Jacobs
Engineering Group Inc. and its subsidiaries. Key managers are defined as management level personnel who do not normally receive overtime compensation and who are approved for participation by the Chief Executive Officer and the Human Resources and
Compensation Committee (“Committee”) of Jacobs’ Board of Directors. 
 Each year a bonus pool is determined by a formula approved
by the Committee. From the pool up to 80 percent is allocated to participants in the Plan, with the balance reserved for distribution to nonparticipating employees who have made an outstanding contribution during the year. The allocation of each
participant’s portion of the pool may be up to 50 percent by formula with the balance allocated solely at the discretion of the Chief Executive Officer. The allocation of the nonparticipant’s portion of the pool is totally at the
discretion of the Chief Executive Officer. All award recommendations are approved by the Committee which has sole and absolute discretion to administer the plan. 
 Bonuses are paid in three annual installments. The first installment is paid approximately three months after the close of the first fiscal year to which it pertains. A participant is not vested in any
future installments. A participant must be employed by the Company at the date each future installment is paid as the bonus is not only for service done in a particular year but also for services to be rendered in the years when future installments
may be paid. The bonus award reflects recognition of performance attained and expected to be attained in the future. If an employee is a participant in the plan for less than a full year, the measure of his or her bonus will be prorated accordingly.
If a participant’s employment is severed from the Company at any time prior to the time a future installment is to be paid, such installment and any and all 

					
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	Incentive Bonus Plan	  			

  

 
future installments are automatically forfeited. For the purposes of this program, a participant will be considered employed by the Company for purposes of receiving future installments only if
on the date of payment, the participant is an active full time employee with the Company. 
 Bonus Pool Formula 

The bonus pool is established as a percentage of pretax, pre-bonus earnings above a preset trigger point or hurdle rate. The hurdle rate for each fiscal
year will be established by the Committee. Once the trigger point is reached, the bonus pool accrues at a rate set by the Committee up to 20 percent of pretax, pre-bonus income in excess of the trigger point. When a pretax, pre-bonus earnings
reaches up to 2.0 times the trigger point, the accrual rate increases to a rate set by the Committee up to 33 percent of pretax, pre-bonus income in excess of to 2.0 times the trigger point. The percentage rate used for calculating the trigger point
is established each year based on economic and market conditions in effect at that time. The bonus pool formula is subject to change at any time and is determined at the sole and absolute discretion of the Committee. 

Allocation of Bonus Pool 
 The
portion of the pool allocated to the Plan participants is distributed 50 percent based on their weighted salary (using factors approved by the Committee each year) versus the total weighted salaries of all participants of the plan and 50 percent at
the discretion of the Chairman of the Board and the Chief Executive Officer. The weighted salaries will be determined by multiplying the salary earned while a participant in the plan times the weighting factors as determined by the Chairman, the
Chief Executive Officer and the Committee. 
 If a participant moves from one level to another during the year, the different weighting factors
is applied to the salary earned at each level and prorated. 
 Payments 
 An Award shall be paid at such time or times as determined by the Committee, in its sole and absolute discretion. The Committee may reduce any award up to the date of payment. All payments are subject to
federal, state, or local taxes unless deferred pursuant to the terms of a Company sponsored plan a participant may be eligible for. 

  

					
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	Incentive Bonus Plan	  			

  

 Modifications and Administration 
 This Plan is provided at the discretion of the Committee and the Committee reserves the right to alter or modify it in the future. The Committee is responsible for the administration of the Plan and has
the exclusive right to make any and all interpretations, rules, and regulations regarding the Plan.Global Employee Stock Purchase Plan

 Exhibit 10.10 
 Jacobs Engineering Group Inc. 
 Global Employee Stock Purchase Plan

  
  

Page 1 

 Jacobs Engineering Group Inc. 

Global Employee Stock Purchase Plan 
 INDEX 
  

							
	 1.
	 	 Purpose of the Plan
	  	 	4	  
			
	 2.
	 	 Definitions
	  	 	4	  
			
	 3.
	 	 Participation
	  	 	7	  
			
	 4.
	 	 Enrollment and Election Periods
	  	 	8	  
			
	 5.
	 	 Term of Plan
	  	 	9	  
			
	 6.
	 	 Number and Type of Shares to Be Made Available
	  	 	9	  
			
	 7.
	 	 Use of Funds
	  	 	9	  
			
	 8.
	 	 Amount of Contribution; Method of Payment
	  	 	9	  
			
	 9.
	 	 Purchasing, Transferring Shares
	  	 	10	  
			
	 10.
	 	 Dividends and Other Distributions
	  	 	11	  
			
	 11.
	 	 Voting of Shares
	  	 	12	  
			
	 12.
	 	 In-Service Distribution or Sale of Shares
	  	 	12	  
			
	 13.
	 	 Cessation of Active Participation
	  	 	12	  
			
	 14.
	 	 Termination of Employment or Cessation on Eligible Employee
	  	 	13	  
			
	 15.
	 	 Assignment
	  	 	13	  
			
	 16.
	 	 Adjustment of and Changes in Shares
	  	 	13	  
			
	 17.
	 	 Amendment or Termination of the Plan
	  	 	13	  
			
	 18.
	 	 Designation of Subsidiaries
	  	 	14	  
			
	 19.
	 	 Operating Regulations
	  	 	14	  
			
	 20.
	 	 Administration
	  	 	14	  
			
	 21.
	 	 Securities Law and Other Restrictions
	  	 	15	  
			
	 22.
	 	 No Independent Employees’ Rights
	  	 	15	  

  
  

Page 2 

							
	 23.
	 	 Applicable Law
	  	 	15	  
			
	 24.
	 	 Merger or Consolidation
	  	 	15	  
			
	 I.
	 	 Addenda
	  	 	17	  

  
  

Page 3 

 Jacobs Engineering Group Inc. 

Global Employee Stock Purchase Plan 
  

	1.	Purpose of the Plan 

 This
2001 Global Employee Stock Purchase Plan is intended to advance the interests of Jacobs Engineering Group Inc. by encouraging stock ownership by employees of Jacobs Engineering Group Inc. and certain subsidiaries of Jacobs Engineering Group Inc.

  

	2.	Definitions 

  

	 	(a)	“Act” shall mean the Securities Act of 1933, as amended. 

  

	 	(b)	“Administrator” shall mean the bank, brokerage firm, financial institution, or other entity or person(s) engaged, retained or appointed by the
Committee to act as the agent of the Employer and of the Participants under the Plan from time to time. 

  

	 	(c)	“Addendum or Addenda” shall mean, individually and collectively, the appendices A to I hereto and such other additional appendices as may be added to
this Plan at the discretion of the Committee. Each appendix will govern the operation of the Plan in respect of the Designated Subsidiaries in the countries named in the appendix and will be considered part of the Plan. Unless otherwise stated, the
applicable appendix for the country will govern the operation of the Plan in that country and to that extent the appendix will override other parts of this Plan. 

 

	 	(d)	“Board” shall mean the Board of Directors of the Company. 

 

	 	(e)	“Closing Value” shall mean, as of a particular date, the value of a Share determined by: 

 

	 	(i)	the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange, or such other established stock
exchange or national market system on which the Shares are listed or traded, for the day for which the Closing Value is to be determined. 

  

	 	(ii)	such other valuation method as required under the applicable Local Law. 

 In the event that the foregoing valuation method is not practicable, the “Closing Value” shall be determined by such other reasonable valuation method as the Committee shall, in its discretion,
select and apply in good faith as of such date. 
  

	 	(f)	“Code” shall mean the United States Internal Revenue Code of 1986, as amended and currently in effect, or any successor body of federal tax law in the
United States. 

  

	 	(g)	“Committee” shall mean the Board of Directors of the Company, a designated committee thereof, or the person(s) or entity delegated the responsibility
of administering the Plan. 

  

	 	(h)	“Company” shall mean Jacobs Engineering Group Inc., including any successor thereto. 

 

	 	(i)	“Compensation”, shall mean, unless otherwise required by the applicable Local Law, regular fixed basic gross compensation. 

“Compensation” does not include, unless otherwise required by the applicable Local Law: 

  
  

Page 4 

	 	(i)	any bonus, overtime payment, contribution to an employee benefit plan or other similar payment or contribution; 

 

	 	(ii)	amounts realized from the exercise, sale, exchange or other disposition of a non-qualified stock option or sale, exchange or other disposition of a stock acquired under
a non-qualified stock option; 

  

	 	(iii)	amounts realized when restricted stock (or property) held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture
or becomes fully owned by the Employee; 

  

	 	(iv)	amounts realized from the exercise, sale, exchange, or other disposition of a qualified or incentive stock option or sale, exchange or other disposition of stock
acquired under a qualified or incentive stock option; 

  

	 	(v)	moving allowances, automobile allowances, tuition reimbursement, financial/tax planning reimbursement, lunch vouchers, house allowances, and other allowances that
receive special tax benefits, other extraordinary compensation, including tax “gross-up” payments, and imputed income from other employer-provided benefits; and 

 

	 	(vi)	other amounts that receive special tax benefits, such as, but not limited to, premiums for group term life insurance or contributions made by the Employer (whether or
not under salary reduction agreement) or mandatory payments made by the Employer to the Employee under the applicable law of the jurisdiction in which the Employer of this Employee is located or the Employee is employed or resides.

  

	 	(j)	“Designated Subsidiaries” shall mean those Subsidiaries whose Employees have been designated by the Board, in its sole discretion, as eligible to
participate in the Plan. 

  

	 	(k)	“Election Period” shall mean the period during which Participants in the Plan authorize payroll deductions or provide alternative contributions to fund
the purchase of Shares on their behalf under the Plan pursuant to the right to purchase Shares granted to them hereunder. Alternative contributions for the purpose of this Plan shall mean payment of contributions to fund the purchase of Shares under
the Plan pursuant to the right to purchase Shares granted to the Participants hereunder through such other means as authorized by the Committee, including, but not limited to, personal checks of the Participants. As determined by the Committee,
Election Periods may vary from country to country, or from Designated Subsidiary to Designated Subsidiary. 

  

	 	(l)	“Eligible Employee” shall mean subject to the applicable Local Law, an Employee of a Designated Subsidiary with one (1) year service on an
Enrollment Date. Employees of Designated Subsidiaries that have become Subsidiaries by reason of having been acquired by the Company or a Subsidiary and companies that have been merged with the Company or a Subsidiary may, at the discretion of the
Committee, receive credit for the time they have worked for such acquired or merged company prior to its affiliation with the Company or the Designated Subsidiary. 

The Committee in its sole discretion may determine that the following Employees shall not be Eligible Employees under the Plan:

  

	 	(i)	Unless otherwise required by the applicable Local Law, Employees whose customary employment is less than 20 hours per week or who are employed for less than five months
in any calendar year; 

  
  

Page 5 

	 	(ii)	Employees who are not actively employed by the Employer at the beginning of a six-month Election Period, including Employees who are on disability, or leave of absence;

  

	 	(iii)	Any Employee who would own more than five (5) percent of the common stock in the Company immediately after the Share purchase opportunity is granted to them under
the Plan. Shares that the Employee may purchase under all outstanding stock options or such other share-based compensation plan of the Company shall be treated as stock owned by the Employee for such purposes, even though the option is not presently
exercisable or the Shares are not presently receivable by the Employee; 

  

	 	(iv)	Employees who are subject to Section 16(a) of the 1934 Act; and 

  

	 	(v)	Employees who are eligible to participate or who participate in the Company’s 1989 Employee Stock Purchase Plan. 

 

	 	(m)	“Employee” shall subject to the applicable Local Law: 

  

	 	(i)	an individual who is a regular full time or part time employee of the Employer as defined under the applicable Local Law; 

 

	 	(ii)	an individual who work schedule and is normally included in the authorized staffing targets and budget of the Employer; and 

 

	 	(iii)	an individual who has been hired on a temporary contract but who is expected to fill a permanent staffing need. 

Unless otherwise required by the applicable Local Law, Employee shall not include unionized Employees as defined by the regular practices
of the Employer. 
  

	 	(n)	“Employer” means, individually and collectively, the Company, a Designated Subsidiary and the Designated Subsidiaries. 

 

	 	(o)	“Enrollment Period” shall mean the period immediately preceding the Election Period that is designated by the Committee in its discretion as the period
during which an Eligible Employee may elect to participate in the Plan. 

  

	 	(p)	“Holding Period” shall mean the period during which the Participant is not permitted to transfer, sell, pledge or otherwise deal in the Shares credited
to the Participant’s Plan Account. Unless otherwise required by the applicable Local Law, there is no Holding Period for the purposes of this Plan. 

  

	 	(q)	“Local Law” shall mean the laws of the jurisdiction in which the Employer is incorporated or located or where the Employee or Participant is employed
or resides including but not limited to the securities regulatory body requirements and the taxation requirements of that same jurisdiction. 

  

	 	(r)	“1934 Act” shall mean the United States Securities Exchange Act of 1934, as amended, and currently in effect, or any successor body of federal
securities law in the United States. 

  

	 	(s)	“Participant” shall mean any Eligible Employee who has elected to participate in the Plan for an Election Period by authorizing payroll deductions or
by making alternative contributions and following all applicable procedures established by the Committee during the Enrollment Period for such Election Period. 

  
  

Page 6 

	 	(t)	“Plan” shall mean this Jacobs Engineering Group 2001 Global Employee Stock Purchase Plan and Addenda hereof; as amended from time to time.

  

	 	(u)	“Plan Account” shall mean the individual account established for each Participant for purposes of accounting for and/or holding each Participant’s
payroll deductions, alternative contributions, Shares, etc. The Plan Account may be a book keeping account or a brokerage account, or such other account as determined by the Committee. 

 

	 	(v)	“Plan Year” shall mean the period of twelve (12) calendar months commencing on September 1 each year or such other period as determined by
the Committee. 

  

	 	(w)	“Purchase Period” shall mean a period within an Election Period of such duration and commencing on such date as the Committee may, in its absolute
discretion, approve. 

  

	 	(x)	“Purchase Price” shall mean, for each Share purchased in accordance with Paragraph 9 hereof, an amount equal to ninety-five percent (95%) of the
Closing Value of a Share on the last Trading Day in a Purchase Period. 

 Provided, however, that the
Committee may, in its sole discretion, approve, in lieu of the foregoing formula for determining the Purchase Price, the Closing Value on the last Trading Day of the Purchase Period multiplied by any percentage figure from eighty-five percent
(85%) to one-hundred percent (100%) as selected by the Committee. 
 The Purchase Price as determined hereunder may be
in respect of one or more countries and for one or more Purchase Periods and shall remain in effect until changed by the Committee. 
 In no event, however, may the Committee select a Purchase Price that would be lower than that allowed under Section 423(b)(6) of the Code or any successor section. 

 

	 	(y)	“Shares” means shares of common stock, par value $1.00 per share, of the Company. 

 

	 	(z)	“Subsidiary” shall mean a corporation or other entity, domestic or foreign, of which not less than fifty percent (50%) of the voting shares are
held by the Company or a Subsidiary (except for the U.K. in which this term shall mean a corporation or other entity, domestic or foreign, of which more than fifty percent (50%) ownership of the voting shares are held by the Company or a
Subsidiary) whether or not such corporation or other entity now exists or is hereafter organized or acquired by the Company or a Subsidiary (or as otherwise may be defined in Code Section 424). 

 

	 	(aa)	“Trading Day” shall mean a day on which The New York Stock Exchange is open for trading. 

 

	3.	Participation 

Participation in the Plan is voluntary. All Eligible Employees of an Employer are eligible to participate in the Plan. All Eligible
Employees granted rights to purchase Shares hereunder shall have the same rights and privileges as every other such Eligible Employee and only Eligible Employees of an Employer satisfying the applicable requirements of the Plan will be entitled to
participate in the Plan. 

  
  

Page 7 

	4.	Enrollment and Election Periods 

 (a) Enrolling in the Plan. To participate in the Plan, an Eligible Employee must enroll in the Plan. Enrollment for a given Election Period will take place during the Enrollment Period for such
Election Period. The Committee shall designate the initial Enrollment Period and each subsequent Enrollment Periods and the Election Periods to which each Enrollment Period relates. Participation in the Plan with respect to any one or more of the
Election Periods shall neither limit nor require participation in the Plan for any other Election Period. 
 (b) The Election
Period. Any Employee who is an Eligible Employee and who desires to be granted rights to purchase Shares hereunder must enroll, in accordance with the procedures established by the Committee, during an Enrollment Period. Such authorization shall
be effective for the Election Period immediately following such Enrollment Period. 
 The duration of an Election Period shall
be determined by the Committee prior to the Enrollment Period; provided, however, that if the Committee terminates the Plan during an Election Period, pursuant to its authority in Paragraph 17 of the Plan, such Election Period and any associated
Purchase Period shall be deemed to end on the date the Plan is terminated. The termination of the Plan and the Election Period shall end the Participant’s rights to contribute amounts to the Plan or continue participation in the Election
Period. The date of termination of the Plan shall be deemed to be the final day of a Purchase Period for the purposes of determining the Purchase Price under the Purchase Period and all amounts contributed during the Purchase Period will be used as
of such termination date to purchase Shares in accordance with the provisions of Paragraph 8 of this Plan or alternatively, at the sole discretion of the Committee, refunded in cash without interest or with interest where required under the
applicable Local Law. 
 The Committee may designate one or more Election Periods during each Plan Year during the term of this
Plan. Any such Election Period may commence and end in different Plan Years. On the first day or the first Trading Day of each Election Period, as determined by the Committee, each Participant shall be granted a right to purchase Shares under the
Plan. Each right granted hereunder shall expire at the end of the Election Period for which it was granted. In no event may a right granted hereunder be exercised later than the period of time specified in section 423(b)(7)(B) of the Code. Except as
otherwise provided in Paragraph 9, a right to purchase Shares granted under the Plan shall be treated as exercised on the last Trading Day of each Election Period. 
 (c) Changing Enrollment. The offering of Shares pursuant to rights granted under the Plan shall occur only during an Election Period and shall be made only to Participants. Once an Eligible
Employee is enrolled in the Plan, the Committee or the Employer will inform the Administrator of such fact. 
 Once enrolled, a
Participant shall continue to participate in the Plan for each successive Election Period (s) until he or she terminates his or her participation by revoking his or her payroll deduction authorization or by revoking his or her alternative
contribution authorization or not contributing his or her alternative contributions or ceases to be an Eligible Employee; 

Once a Participant has elected to participate under the Plan, that Participant’s payroll deduction authorization or alternative
contribution authorization shall apply to all subsequent Election Periods unless and until the Participant ceases to be an Eligible Employee or the Participant changes or terminates said authorization. 

  
  

Page 8 

 Unless otherwise required by the applicable Local Law if a Participant desires to change his
or her rate of contribution during an Election Period such change shall be effective for the next Election Period and only if such change is made by the Participant by giving a notice to the Committee or the Employer in the manner established by the
Committee. 
  

	5.	Term of Plan 

 This Plan
shall be in effect from September 1, 2001, and end on January 27, 2021. 
  

	6.	Number and Type of Shares to Be Made Available Under The Plan 

 Subject to adjustment as provided in Paragraph 16 hereof, the total number of Shares made available for purchase by Participants granted rights which are exercised under Paragraph 9 hereof is, three
hundred thousand (300,000) Shares, which may consist of authorized but unissued shares, treasury shares, or shares purchased by the company in the open market. The provisions of Paragraph 9(d) shall control in the event the number of Shares
covered by rights which are exercised for any Purchase Period exceeds the number of Shares available for sale under the Plan. If all of the Shares authorized for sale under the Plan have been sold, the Plan shall either be continued through
additional authorizations of Shares made by the Board (such authorizations must, however, comply with Paragraph 17 hereof), or shall be terminated in accordance with Paragraph 17 hereof. 

 

	7.	Use of Funds 

 All payroll
deductions or alternative contributions received or held by an Employer under the Plan will be used to purchase Shares in accordance with the provisions of this Plan. Any amounts held by an Employer or other party holding amounts in connection with
or as a result of payroll deductions or alternative contributions made pursuant to the Plan and pending the purchase of Shares hereunder shall be considered a non-interest-bearing, unsecured indebtedness extended to the Employer or other party by
the Participants, unless otherwise required under the applicable Local Law. Administrative expenses of the Plan shall be allocated to each Participant’s Plan Account unless the Employer pays such expenses. 

 

	8.	Amount of Contribution; Method of Payment 

 (a) Payroll Deduction or Alternative Contribution. Except as otherwise specifically provided herein, the Purchase Price will be payable by each Participant by means of payroll deduction or
alternative contribution. The payroll deduction or alternative contribution shall be in increments of one percent (1%). Unless otherwise authorized by the Committee, the minimum payroll deduction or alternative contribution permitted shall be an
amount equal to two percent (2%) of a Participant’s Compensation and the maximum payroll deduction or alternative contribution shall be an amount equal to fifteen percent (15%) of a Participant’s Compensation. In any event, the
total payroll deduction or alternative contribution permitted to be made by any Participant in any calendar year shall be limited to the sum of legal currency equivalent of U.S. $25,000 as specified under Section 423(b)(8)(C), or such other
amount as Section 423(b)(8)(C) of the Code, or any successor section, may hereafter allow. The actual percentage of Compensation to be deducted or contributed shall be 

  
  

Page 9 

 
specified by a Participant in his or her authorization to participate in the Plan. Unless otherwise authorized by the Committee, Participant may not deposit any separate cash payments into their
Plan Accounts. 
 Payroll deductions will commence with the first payroll issued during the Election Period and will, except as
otherwise provided herein, continue with each payroll throughout the entire Election Period, except for pay periods for which such Participant receives no Compensation. A pay period which ends at such time that it is administratively impracticable
to credit any payroll for such pay period to the then current Election Period will be credited in its entirety to the immediately subsequent Election Period. A pay period that overlaps Election Periods will be credited in its entirety to the
Election Period in which it is paid. Alternative contributions will be made in accordance with the procedure established by the Committee. 
 (b) Application of Withholding Rules. Payroll deductions or alternative contributions shall be retained by the Employer or other party, designated by the Committee or the Employer as the case may
be, until applied to the purchase of Shares as described in Paragraph 9 hereof and the satisfaction of any related withholding obligations (including any employment tax obligations) under the applicable Local Law. 

At the time the Shares are purchased, or at the time some or all of the Shares issued under the Plan are disposed of, Participants must
make adequate provision for the Employer’s tax withholding obligations (including any employment tax obligations), if any, which arise in any applicable jurisdiction upon the purchase or disposition of the Shares. Subject to the applicable
Local Law, and the Holding Period, if any, the Employer may instruct the Administrator to dispose or sell such number of Shares (credited to the Participant’s Plan Account) to raise the amount necessary, or may withhold from each
Participant’s Compensation the amount necessary, to enable the Employer to meet applicable withholding obligations, including any withholding required to make available to the Employer any tax deductions or benefits attributable to the sale or
early disposition of Shares by the Participant. Each Participant, as a condition of participating under the Plan, agrees to bear responsibility for all taxes required to be withheld in any applicable jurisdiction from his or her Compensation as well
as the Participant’s portion of applicable social security or similar such taxes, with respect to any Compensation arising on account of the purchase or disposition of Shares. The Employer may increase income and/or employment tax withholding
on a Participant’s Compensation after the purchase or disposition of Shares in order to comply with the applicable tax laws in any jurisdiction, and each Participant agrees to sign any and all appropriate documents to facilitate such
withholding. 
  

	9.	Purchasing, Transferring Shares 

 (a) Maintenance of Plan Account. Upon the exercise of a Participant’s initial right to purchase Shares under the Plan, the Administrator shall establish a Plan Account in the name of such
Participant. At the close of each Purchase Period, the aggregate amount deducted during such Purchase Period by the Employer from a Participant’s Compensation by way of payroll deduction or alternative contributions made to the Plan by the
Participant (and credited to an account maintained by the Employer or other party) and interest, if any, payable under the applicable Local Law will be communicated by the Employer to the Administrator. The Company shall convert the said payroll
deductions or alternative contributions into US dollars in accordance with the process and at the rate 

  
  

Page 10 

 
established by the Committee. The Administrator shall thereupon credit to the Participant’s Plan Account such US dollars. As of the last day of each Purchase Period, or as soon thereafter as
is administratively practicable, each Participant’s right to purchase Shares will be exercised automatically for him or her by the Administrator with respect to those amounts reported to the Administrator by the Committee or Employer as
credited to that Participant’s Plan Account. On the date of exercise, the amount then credited to the Participant’s Plan Account for the purpose of purchasing Shares hereunder will be divided by the Purchase Price and there shall be
credited to the Participant’s Plan Account by the Administrator the number of whole Shares which results. 
 The
Administrator shall hold in its name, or in the name of its nominee, all Shares so purchased by Participants under the Plan. Participation in the Plan, purchase, ownership and sale of Shares under the Plan, is subject to risk of fluctuation in
Shares’ price and currency exchange. 
 (c) Insufficient Funds for Whole Shares. In the event that the amount
credited to Participant’s Plan Account is not exactly equal to the Purchase Price for a whole number of Shares, then any excess amount may be refunded to the Participant without interest or where required by the applicable Local Law with
interest, or may be used to purchase Shares in the subsequent Purchase Periods, as determined by the Committee. 
 (d)
Insufficient Number of Available Shares. In the event the number of Shares covered by rights which are exercised for any Purchase Period exceeds the number of Shares available for sale under the Plan, the number of Shares actually available
for sale hereunder shall be allocated by the Administrator among the Participants in proportion to the amount then credited to each Participant’s Plan Account over the total amount then credited to all Participant’s Plan Accounts. Any
excess amounts withheld and credited to Participants’ Plan Accounts then shall be returned to the Participants as soon as is administratively practicable without interest or with interest where required by the applicable Local Law. 

(e) Handling Excess Shares. In the event that the number of Shares which would be credited to any Participant’s Plan Account
in any Purchase Period exceeds the limit specified in Paragraph 2(l)(iii) hereof, such Participant’s Plan Account shall be credited with the maximum number of Shares permissible, and the remaining amounts will be refunded in cash as soon as
administratively practicable without interest or with interest where required by the applicable Local Law or used to purchase Shares in the subsequent Purchase Periods, as determined by the Committee. 

 

	10.	Dividends and Other Distributions 

 (a) Subject to the applicable Local Law, cash dividends and other cash distributions and stock dividend or other non-cash distributions received by the Administrator on Shares held in custody hereunder
will be credited to the Plan Account of an individual Participants in accordance with such Participant’s interest in the Shares with respect to which such dividends or distributions are paid. 

(b) Cash dividends or cash distributions will be paid in cash to the Participant as soon as administratively possible, after receipt
thereof by the Administrator. 
 (c) Stock dividend and other non-cash distribution of property will be subject to the similar
Holding Period, if any applicable to the Shares with respect to which the same is declared. 

  
  

Page 11 

 (d) Tax Responsibilities. The Administrator shall report to each Participant (or Eligible
Employee with a Plan Account) the amount of dividends credited to his or her Plan Account. Subjecting the stock dividend or other non-cash distributions to the Holding Period requirement will not relieve a Participant (or Eligible Employee with Plan
Account) of any income or other tax that may be due on or with respect to such dividend or other non-cash distribution of property. 
  

	11.	Voting of Shares 

 A
Participant shall have no interest or voting rights in the Shares until such time as the Shares are credited to the Participant’s Plan Account. Shares held for a Participant (or Eligible Employee) in his or her Plan Account will be voted in
accordance with the Participant’s (or the Eligible Employee’s) express direction. In the absence of any such directions such Shares will not be voted. 
  

	12.	In-Service Distribution or Sale of Shares 

 (a) Sale of Shares. Subject to the provisions of Paragraph 20 hereof, a Participant may at any time after the end of the Holding Period, if any, and without withdrawing from the Plan, by giving
notice to the Administrator, direct the Administrator to sell all or part of the Shares held on behalf of the Participant. Upon receipt of such a notice, the Administrator shall, as soon as practicable after receipt of such notice, sell such Shares
and transmit the net proceeds of such sale (less any bank service fees, brokerage charges, transfer or withholding taxes, and any other transaction fee, expense or cost) to the Participant. 

(b) In-Service Share Distributions. A Participant may after the end of the Holding Period, if any, and without withdrawing from
the Plan, request that a certificate for all or part of the whole number of Shares held in his or her Plan Account be sent to him or her as described in Paragraph 9(a) above. All such requests must be submitted in writing to the Administrator. The
Administrator may impose a reasonable charge, to be paid by the Participant, for each stock certificate so issued. 
  

	13.	Cessation of Active Participation 

 A Participant may during the Enrollment Period, by giving notice to the Committee or the Employer, in the manner established by the Committee, revoke his or her authorization for payroll deduction or
alternative contribution for the Election Period to which such Enrollment Period relates. Unless otherwise required by the applicable Local Law, a Participant may not terminate his or participation by revoking his or her authorization for payroll
deduction or alternative contribution or not contributing his or her alternative contributions for the Election Period after such Election Period has commenced. If a Participant terminates his or her participation in the Plan during an Election
Period, such termination shall be effective for the next Election Period, and only if such change is made by the Participant by giving notice to the Committee or the Employer in the manner established by the Committee. 

  
  

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	14.	Termination of Employment or Cessation on Eligible Employee 

 In the event that a Participant ceases to be employed by the Company or a Designated Subsidiary for any reason, including death, disability, retirement or voluntary or involuntary termination, or ceases
to be an Eligible Employee, then the Participant’s rights under the Plan shall terminate. Except as provided in Paragraph 15, below, the Company shall as soon as administratively possible, refund to the Participant without interest or where
required by the applicable Local Law with interest the payroll deductions or alternative contributions made by the Participant during the Purchase Period in which such termination of employment or cessation of eligibility occurs, unless such payroll
deductions or alternative contributions have already been used to purchase Shares in respect of that Purchase Period. 
  

	15.	Assignment 

 The payroll
deductions, or alternative contributions or interest where payable under the applicable Local Law credited to a Participant’s Plan Account, or any rights to purchase Shares under the Plan may not be assigned, alienated, transferred, pledged, or
otherwise disposed of in any way by a Participant other than by will or the laws of descent and distribution. Any such assignment, alienation, transfer, pledge, or other disposition shall be without effect, except that the Committee may treat such
act as an election to withdraw from the Plan. A Participant’s right to purchase Shares under this Plan may be exercisable during the Participant’s lifetime only by the Participant. A Participant’s Plan Account shall be payable to the
Participant’s estate upon his or her death in accordance with the applicable law of death and descent and distribution. 
  

	16.	Adjustment of and Changes in Shares 

 If at any time after the effective date of the Plan the Company shall subdivide or reclassify the Shares with respect to which a purchase right has been or may be granted under the Plan, or shall declare
thereon any stock split or dividend payable in Shares, or shall alter the capital structure of the Shares or the Company in any similar manner, then the number and class of Shares held in the Plan and which may thereafter be subject to the Share
purchase right granted under the Plan (in the aggregate and to any Participant) shall be adjusted accordingly, and in the case of each right outstanding at the time of any such action, the number and class of Shares which may thereafter be purchased
pursuant to such right and the Purchase Price shall be adjusted accordingly, as necessary to preserve the rights of the holder(s) of such Shares and right(s). 
  

	17.	Amendment or Termination of the Plan 

 The Committee shall have the right, at any time, to amend, modify or terminate the Plan without notice; provided, however, that no Participant’s existing rights shall be adversely affected by any
such amendment, modification or termination, except to comply with the applicable Local Law, stock exchange rules or accounting rules. 
 Notwithstanding the foregoing, the Committee shall have the right to terminate the Plan with respect to all future payroll deductions or alternative contributions and related purchases at any time.

  
  

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Such termination of the Plan shall also terminate any current Election Period and any associated Purchase Period in accordance with Paragraph 4 of the Plan. 

 

	18.	Designation of Subsidiaries 

 Subsidiaries may be added as Designated Subsidiaries by the Committee in its sole discretion from time to time. 
  

	19.	Operating Regulations 

The Committee may make regulations for the operation of the Plan that are not inconsistent with these rules to apply to Employees and
Participants who are employed or resident outside of the United States of America (provided such regulations are not in violation of the applicable Local Law) including, but not limited to, regulations in respect of those matters set out at
Paragraphs 2(d), 2(h), 2(k), 2(l), 4, 7, 9, 13, 14, 17 and 20 hereof. Regulations shall be made by way of Addendum. 
  

	20.	Administration 

 (a)
Administration. The Plan shall be administered by the Committee. The Committee shall be responsible for the administration of all matters under the Plan which have not been delegated to the Administrator. The Committee shall have full and
exclusive discretionary authority to construe, interpret and apply the terms of the Plan, to determine eligibility and to adjudicate all disputed claims filed under the Plan. Any rule or regulation adopted by the Committee shall remain in full force
and effect unless and until altered, amended or repealed by the Committee. 
 (b) Specific Responsibilities. The
Committee’s responsibilities shall include, but shall not be limited to: 
  

	 	(i)	interpreting the Plan (including issues relating to the definition and application of “Compensation”); 

 

	 	(ii)	identifying and compiling a list of persons who are Eligible Employees for an Election Period; 

 

	 	(iii)	identifying those Eligible Employees not entitled to be granted rights or other rights for an Election Period on account of the limitations described in Paragraph
2(k)(iii) hereof; 

  

	 	(iv)	providing to Participants upon request Company financial statements which are publicly available; and 

 

	 	(v)	delivering to the Participants stock certificates, subject to Holding Period, if any, representing the Shares purchased or credited to the Participant’s Plan
Account. 

 The Committee may from time to time adopt rules and regulations for carrying out the terms of the
Plan. Interpretation or construction of any provision of the Plan by the Committee shall be final and conclusive on all persons, absent specific and contrary action taken by the Board. Any interpretation or construction of any provision of the Plan
by the Committee or the Board shall be final and conclusive. 

  
  

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	21.	Securities Law and Other Restrictions 

 Notwithstanding any provision of the Plan to the contrary, no payroll deductions or alternative contributions shall take place and no Shares may be purchased or sold under the Plan until a registration
statement has been filed and become effective with respect to the issuance of the Shares covered by the Plan under the Act and any other required action has been taken under any other applicable Local Law of the jurisdiction in which the Employer of
the Employee is located or the Employee is employed or resides. Prior to the effectiveness of such registration statement, Shares subject to purchase under the Plan may be offered to Eligible Employees only pursuant to an exemption from the
registration requirements of the Act and pursuant to any other action that is required under any applicable Local Law. 
  

	22.	No Independent Employees’ Rights 

 Nothing in the Plan shall be construed to be a contract of employment between an Employer or its parent or any Subsidiary and any Employee, or any group or category of Employees (whether for a definite or
specific duration or otherwise), or to prevent the Employer, its parent or any Subsidiary from terminating any Employee’s employment at any time, in accordance with the applicable Local Law. Nothing in this Plan shall be construed as conferring
any rights of a shareholder in any Employee or any other person until the Shares are credited to the Plan Account. 
  

	23.	Applicable Law 

 (a)
Section 423 of the Code. The Plan shall be construed, administered and governed having regard to Section 423 of the Code. 
 (b) Other Applicable Law. Subject to Paragraph 23(a) hereof, the Plan shall be construed, administered and governed in all respects under the laws of the State of California. 

 

	24.	Merger or Consolidation 

Each outstanding purchase right will automatically be exercised immediately prior to the effective date of any Corporate Transaction (as
defined below), by applying the accumulated payroll deductions or alternative contributions and interest where payable under the applicable Local Law, of each Participant for the Purchase Period in which such Corporate Transaction occurs to the
purchase of whole Shares at the Purchase Price for such Purchase Period by treating the day immediately prior to the effective date of any Corporate Transaction as the last Trading Day of the Purchase Period, unless the Committee determines, in the
exercise of its sole discretion, to establish an earlier date as the last Trading Day of the Purchase Period, or to provide that purchase rights shall be assumed by a successor entity that is a party to the Corporate Transaction or terminate the
Plan as of the end of the Purchase Period immediately preceding the effective date of the Corporate Transaction and promptly refund to Participants all payroll deductions or alternative contributions and interest where payable under the applicable
Local Law accumulated through such effective date. The applicable limitation on the number of whole Shares purchasable per Participant will continue to apply to any purchase made hereunder. With respect to Shares acquired prior to or in connection
with a Corporate Transaction, each Participant will thereafter be entitled to receive as soon as practicable following the effective date of such Corporate Transaction the securities or property which a holder of Shares of

  
  

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the Company was entitled to receive in connection with such Corporate Transaction. For purposes of this Paragraph 23, “Corporate Transaction” shall mean a transaction by which
the Company is acquired by merger or sale of all or substantially all of the Company’s assets or outstanding voting stock. 

  
  

Page 16 

 I. Addenda 

  
  

Page 17

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