Document:

EX-10.3

 Exhibit 10.3 
 MANAGEMENT UNIT PURCHASE AGREEMENT 
 THIS MANAGEMENT UNIT
PURCHASE AGREEMENT (this “Agreement”) is made as of March 29, 2013, by and between Varietal Distribution Holdings, LLC, a Delaware limited liability company (the “Company”), and the executive identified on
the signature page attached hereto (“Executive”) and is being entered into pursuant to the Company’s 2007 Securities Purchase Plan (as amended, the “Plan”). Certain definitions are set forth in
Section 6 of this Agreement and on the signature page attached hereto, which shall be deemed a part of this Agreement. Capitalized terms used but not otherwise defined herein shall have the meaning given to such terms in the LLC
Agreement (as defined below). 
 WHEREAS, Executive is an employee of the Company, VWR Funding, Inc., a Delaware corporation
(“VWR”), or their respective Subsidiaries, and Executive desires to purchase certain of the Company’s Class A Common Units on the terms and conditions provided herein. 

NOW, THEREFORE, 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 to this Agreement hereby agree as follows: 
 1. Purchase and Sale
of Securities. 
 (a) At the Closing (as defined below), upon the terms and conditions set forth in this Agreement and
pursuant to the Plan, Executive will purchase, and the Company will sell, a number of Class A Common Units equal to the Number of Common Units at a price per unit of $0.01 (the “Purchased Securities”). 

(b) Subject to the terms and conditions contained in this Agreement, the closing of the transactions contemplated by this Agreement (the
“Closing”) shall take place at 100 Matsonford Road, Building One, Suite 200, Radnor, PA 19087 on the date hereof or at such other time and date or at such other place as the Company and Executive may determine. The date on which the
Closing occurs is referred to herein as the “Closing Date.” 
 (c) At the Closing, Executive shall deliver to
the Company an amount of cash equal to the Aggregate Units Purchase Price by means of a check or wire transfer of immediately available funds to an account designated by the Company, and the Company shall update the Unit Ownership Ledger (as defined
in the LLC Agreement) to reflect the issuance of the Purchased Securities to Executive (including recording a Capital Contribution by Executive in respect of the Purchased Securities equal to the Aggregate Units Purchase Price). 

(d) Within 30 days after the Closing Date, Executive will make an effective election with the Internal Revenue Service under
Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder, as amended (the “Code”), in the form of Exhibit A attached hereto; provided that if Executive is not a resident of United
States and not otherwise subject to income taxation under the laws of the United States, then Executive shall not be required to make such an election (but may make such election at his or her option). 

 (e) In connection with the purchase and sale of the Purchased Securities, Executive
represents and warrants to the Company that as of the date hereof and as of the Closing: 
 (i) The Purchased
Securities to be acquired by Executive pursuant to this Agreement will be acquired for Executive’s own account and not with a view to, or intention of, distribution thereof in violation of the Securities Act, or any applicable state or foreign
securities laws, and the Purchased Securities will not be disposed of in contravention of the Securities Act or any applicable state or foreign securities laws. 
 (ii) This Agreement constitutes the legal, valid and binding obligation of Executive, enforceable in accordance with its terms, and the execution, delivery and performance of this Agreement by Executive
does not and will not conflict with, violate or cause a breach of any agreement or instrument to which Executive is a party or subject or any judgment, order or decree to which Executive is subject. 

(iii) Executive is an employee of the Company, VWR or their respective Subsidiaries, is sophisticated in financial matters
and is able to evaluate the risks and benefits of the investment in the Purchased Securities. 
 (iv) If the
Company has notified Executive (including, without limitation, by a notice set forth on the signature page attached hereto) that it is relying or may rely on an exemption pursuant to Regulation D of the Securities Act for the issuance of the
Purchased Securities to Executive, Executive is an “accredited investor” within the meaning of Regulation D of the Securities Act. 
 (v) Executive is able to bear the economic risk of his investment in the Purchased Securities for an indefinite period of time because the Purchased Securities have not been registered under the
Securities Act and, therefore, cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. 
 (vi) Executive (A) has had an opportunity to ask questions and receive answers concerning the terms and conditions of the offering of Purchased Securities, (B) has had full access to such other
information concerning the Company, VWR and their respective Subsidiaries as he or she has requested in connection with the investments contemplated hereby and (C) has received and reviewed a copy of each of the Transaction Documents and the
Confidential Information Memorandum, dated March 7, 2013, from VWR a reasonable period of time before the date hereof. 
 (vii) Executive is neither party to, nor bound by, any employment agreement, consulting agreement, noncompete agreement, non-solicitation agreement or confidentiality agreement, other than with the
Company, if any. 
 (viii) Executive is a resident of the city, state and country indicated in Executive’s
Address. 

  
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 (f) Executive acknowledges that the Company is relying upon the accuracy and completeness of
the representations contained herein in complying with its obligations under applicable securities laws. 
 (g) As an inducement
to the Company to issue the Purchased Securities to Executive, and as a condition thereto, Executive acknowledges and agrees that neither the issuance of the Purchased Securities to Executive nor any provision contained in this Agreement shall
entitle Executive to remain in the employment of the Company, VWR or their respective Subsidiaries or affect the right of the Company, VWR or their respective Subsidiaries to terminate Executive’s employment at any time for any reason.

 (h) At the Closing, if Executive is lawfully married and Executive’s Address or the permanent residence of
Executive’s spouse is located in a community property jurisdiction, Executive’s spouse shall execute and deliver to the Company the Consent in the form of Exhibit B attached hereto. 

(i) Executive acknowledges that he is a party to the LLC Agreement and the Securityholders Agreement and that the Purchased Securities
shall be subject to the provisions of such agreements. 
 (j) The Company and Executive hereby acknowledge and agree that this
Agreement has been executed and delivered, and the Purchased Securities have been issued hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and Executive, and pursuant and subject to the
provisions of the Plan. Executive agrees to be bound by and subject to the terms and conditions of the Plan. 
 2. Vesting of
Purchased Securities. 
 (a) Except as otherwise provided in this Section 2, the Purchased Securities shall
become vested on a daily, straight-line basis from the Closing Date through the fourth anniversary of the Closing Date such that 100% of the Purchased Securities will have vested as of the fourth anniversary of the Closing Date, but only as long as
Executive remains employed by the Company, VWR or any of their respective Subsidiaries. 
 (b) Upon the occurrence of a Sale of
the Company, all Purchased Securities which have not yet become vested shall become vested as of the date of consummation of the Sale of the Company, if, as of such date, Executive has been continuously employed by the Company, VWR or any of their
Subsidiaries from the Closing Date through and including such date; provided, that if Executive’s employment with the Company, VWR or any of their Subsidiaries is terminated by such employer without Cause during the 180 day period prior
to the date of consummation of the Sale of the Company, then all Purchased Securities which have not yet become vested shall become vested as of the date of consummation of the Sale of the Company. 

(c) Upon the occurrence of a Public Offering or Subsidiary Public Offering (the “IPO”), all Purchased Securities which
were scheduled to vest pursuant to Section 2(b) 

  
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above during the one-year period following the date of the IPO will instead vest as of the consummation of the IPO, provided that Executive is employed by the Company, VWR or any of their
respective Subsidiaries as of the occurrence of the IPO. All remaining unvested Purchased Securities will continue to vest on a daily, straight-line basis from the Closing Date through the third anniversary of the Closing Date such that 100% of the
Purchased Securities will have vested as of the third anniversary of the Closing Date, but only as long as Executive remains employed by the Company, VWR or any of their respective Subsidiaries. 

(d) Upon the termination of Executive’s employment by the Company, VWR or their respective Subsidiaries by reason of
Executive’s death or Disability, all Purchased Securities which were scheduled to vest pursuant to Section 2(b) above during the one-year period following the date of such termination of employment will instead vest as of the date
of such termination of employment. 
 (e) Purchased Securities that have become vested are referred to herein as “Vested
Units.” All Purchased Securities that have not vested are referred to herein as “Unvested Units.” All Vested Units that were originally subject to vesting and that have been vested for less than six months as of the
Separation Date, if any, are referred to herein collectively as “Immature Vested Units”. 
 3. Repurchase
Option. 
 (a) In the event of a Separation, the Purchased Securities (whether vested or unvested and whether held by
Executive or one or more of Executive’s transferees, other than the Company and the Investors) will be subject to repurchase, in each case by the Company and the Investors pursuant to the terms and conditions set forth in this
Section 3 and in Section 4 (the “Repurchase Option”). If there is a Subsidiary Public Offering and the securities of such Subsidiary are distributed to the members of the Company, then such Subsidiary will be
treated as the Company for purposes of this Section 3 and Section 4 with respect to any repurchase of the securities of such Subsidiary. 
 (b) In the event of a Separation, the Company (with the approval of the Board in the case of any repurchase in excess of $100,000) may irrevocably elect to purchase all, but not less than all, of the
Unvested Units and/or all, but not less than all, of the Vested Units (subject to Section 4(b), other than Immature Vested Units, if any) pursuant to this Section 3 and Section 4 by delivering written notice (a
“Company Repurchase Notice”) to the holder or holders of such securities within a period of 90 days after the Separation Date (such period, a “Repurchase Option Period”). Any Company Repurchase Notice will set forth
the number of units of each class to be acquired from each holder, the aggregate consideration to be paid for such units and the time and place for the closing of the transaction. 

(c) If for any reason the Company does not elect to purchase all of the Purchased Securities pursuant to the Repurchase Option, the
Investors shall be entitled to exercise the Repurchase Option for all, but not less than all, of the Unvested Units that the Company has not elected to purchase and/or all, but not less than all, of the Vested Units (subject to
Section 4(b), other than Immature Vested Units, if any) that the Company has not elected to 

  
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purchase (collectively, “Available Securities”). As soon as practicable after the Company has determined that it will not exercise the Repurchase Option with respect to the
Available Securities, but in any event within 20 days prior to the expiration of the applicable Repurchase Option Period, the Company shall give written notice (an “Option Notice”) to the Investors setting forth the number of units
of each class the Investors are entitled to purchase and the purchase price for each type of the Available Securities. The Investors may irrevocably elect to purchase all, but not less than all, of the Unvested Units that are Available Securities
and/or all, but not less than all, of the Vested Units (subject to Section 4(b), other than Immature Vested Units, if any), if any, that are Available Securities by giving written notice to the Company within 20 days after receiving the
Option Notice. If more than one Investor elects to purchase an aggregate number of Available Securities of a class or type greater than the number of Available Securities of such class or type, the Available Securities to be purchased by each such
Investor shall be allocated among such Investors based upon the number of Class A Common Units owned by each Investor. If the Investors have elected to purchase any Available Securities, within 10 days after the expiration of the 20-day period
set forth above, the Company shall notify each holder of Purchased Securities as to the number of units of each class each Investor is entitled to purchase, the aggregate purchase price and the time and place of the closing of the transaction (the
“Investor Repurchase Notice”). At the time the Company delivers the Investor Repurchase Notice to the holder(s) of Purchased Securities, the Company shall also deliver written notice to each Investor setting forth the number of
units of each class such Investor is entitled to purchase, the aggregate purchase price and the time and place of the closing of the transaction. 
 (d) The closing of the purchase of the Purchased Securities pursuant to an exercise of the Repurchase Option shall take place on the later of the date designated by the Company in the applicable Company
Repurchase Notice or the applicable Investor Repurchase Notice, which date shall not be more than 30 days nor less than 15 days after the later of the delivery of the applicable Company Repurchase Notice or the applicable Investor Repurchase Notice,
as applicable. The Company and each Investor, as the case may be, will pay the purchase price for the Purchased Securities to be purchased by it pursuant to the Repurchase Option by check(s) or wire transfer(s) of good and immediately available
funds. The Company and the Investors will be entitled to receive customary representations and warranties with respect to title and enforceability from the sellers regarding such sale. 

(e) The provisions of this Section 3 will terminate with respect to all Purchased Securities (other than Unvested Units) upon
the consummation of a Qualified Public Offering, and with respect to all Purchased Securities upon the consummation of a Sale of the Company. 
 4. Other Terms Applicable to the Repurchase Option. 
 (a) In the event of a
Separation, in connection with the exercise of either a Repurchase Option, (i) the purchase price for each Unvested Unit will be the lesser of (A) Executive’s Original Cost for such unit and (B) the Fair Market Value of such unit
as of the date of the sending of the applicable Company Repurchase Notice or the applicable Investor Repurchase Notice (for purchases in connection with the exercise of a Repurchase Option), as

  
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applicable, and (ii) the purchase price for each Vested Unit, respectively, will be the Fair Market Value of such unit as of the date of the sending of the applicable Company Repurchase
Notice or the applicable Investor Repurchase Notice (for purchases in connection with the exercise of a Repurchase Option), as applicable; provided, however, that if Executive’s employment is terminated with Cause, the purchase price for
each Vested Unit will be the lesser of (A) Executive’s Original Cost for such unit and (B) the Fair Market Value of such unit as of the date of the sending of the applicable Company Repurchase Notice or the applicable Investor
Repurchase Notice (for purchases in connection with the exercise of a Repurchase Option), as applicable. 
 (b) Notwithstanding
anything to the contrary in this Agreement, (i) the Company may exercise the Repurchase Option with respect to any Immature Vested Units at any time during the eight-month period following the Separation Date on a basis consistent with the
procedures set forth in Section 3 and this Section 4 and for such units the Repurchase Option Period shall instead be such eight-month period, and (ii) the Investors may exercise the Repurchase Option with respect to any
Immature Vested Units that are Available Securities consistent with Section 3 and Section 4 and the applicable Repurchase Option Period for such exercise shall be the eight-month period as provided in the prior clause (i).

 (c) Notwithstanding anything to the contrary contained in this Agreement, all repurchases of Purchased Securities by the
Company pursuant to the Repurchase Option shall be subject to applicable restrictions contained in the Delaware Limited Liability Company Act, the Delaware General Corporation Law or such other governing corporate or limited liability company law,
and in the Company’s and its Subsidiaries’ debt financing agreements. If any such restrictions prohibit (i) the repurchase of Purchased Securities hereunder which the Company is otherwise entitled or required to make or
(ii) dividends or other transfers of funds from one or more Subsidiaries to the Company to enable such repurchases, then the time periods provided in Section 3 and in this Section 5 shall be suspended, and the Company
may make such purchases at the applicable purchase price therefore determined as of the time of repurchase, as soon as it is permitted to do so under such restrictions. 
 (d) Notwithstanding anything to the contrary contained in this Agreement, the Company may pay all or any portion of the purchase price to be paid by it as a result of its exercise of a Repurchase Option
by distributing to Executive securities issued by VWR Investors, Inc. or any other direct Subsidiary of the Company, so long as VWR Investors, Inc. or such Subsidiary directly or indirectly owns all or substantially all of the assets of the Company
on a consolidated basis, as provided in Section 4.7 of the LLC Agreement. 

  
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 5. Restrictions on Transfer of Purchased Securities. The Purchased Securities shall
be subject to the restrictions on Transfer of such units in the LLC Agreement and the Securityholders Agreement and the holders of Purchased Securities shall not Transfer any interest in any Purchased Securities, except in accordance with such
agreements or the provisions of Section 3 hereof. 
 6. Definitions. 

“Affiliate” of any particular Person means any other Person controlling, controlled by, or under common control with
such particular Person, where “control” means the possession, directly or indirectly, of the power to direct the management and policies of a Person whether through the ownership of voting securities, by contract, or otherwise. 

“Board” means the Company’s board of managers or any successor governing body thereto. The Board may delegate to a
committee thereof the duties and role of the Board contemplated hereby. 
 “Cause” means (i) the
commission of a felony or a crime involving moral turpitude or the commission of any other act or omission involving dishonesty or fraud with respect to the Company, VWR or any of their respective Subsidiaries or any of their customers or suppliers,
(ii) substantial and repeated failure to perform duties as reasonably directed by the Board or a supervisor or report, after providing Executive with 15 days written notice and a reasonable opportunity to remedy such failure, (iii) gross
negligence or willful misconduct with respect to the Company, VWR or any of their respective Subsidiaries, (iv) conduct tending to bring the Company, VWR or any of their respective Subsidiaries into substantial public disgrace or disrepute, and
(v) any breach by Executive of any non-competition, non-solicitation or confidentiality covenants to which Executive is subject. 
 “Disability” means the disability of Executive caused by any physical or mental injury, illness or incapacity as a result of which Executive is unable to effectively perform the functions
of Executive’s duties for a continuous period of more than 90 days or for 120 days (whether or not continuous) within a 180 day period, as reasonably determined by the Board in good faith. 

“Fair Market Value” has the meaning given to such term in the Securityholders Agreement. 

“Investors” has the meaning given to such term in the Securityholders Agreement. 

“LLC Agreement” means the Limited Liability Company Agreement of the Company, dated as of June 29, 2007, among the
parties from time to time party thereto, as amended from time to time pursuant to its terms. 
 “Original Cost”
means with respect to each Class A Common Unit purchased hereunder, $0.01 (as proportionately adjusted for all subsequent unit splits, unit dividends and other recapitalizations). 

  
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 “Person” means an individual, a partnership, a limited liability company, a
corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated organization, an investment fund, any other business entity and a governmental entity or any department, agency or political subdivision thereof.

 “Public Offering” means the sale in an underwritten public offering registered under the Securities Act of
the equity securities of the Company (or any successor thereto) approved by the Board. 
 “Purchased
Securities” will continue to be Purchased Securities in the hands of any holder other than Executive (except for the Company and the Investors and except for transferees in a Public Sale (as defined in the Securityholders Agreement)), and
except as otherwise provided herein, each such other holder of Purchased Securities will succeed to all rights and obligations attributable to Executive as a holder of Purchased Securities hereunder. Purchased Securities will also include equity of
the Company (or a corporate successor to the Company or a Subsidiary of the Company) issued with respect to Purchased Securities (i) by way of a unit split, unit dividend, conversion, or other recapitalization, (ii) by way of
reorganization or recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (iii) by way of a distribution of securities of a Subsidiary of the Company to the members of the
Company following or with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Units shall remain Unvested Units after any Transfer thereof and shall only become Vested Units thereafter to the extent provided in
Section 2 hereof. 
 “Qualified Public Offering” has the meaning given to such term in the
Securityholders Agreement. 
 “Sale of the Company” means any transaction or series of transactions pursuant to
which any Independent Third Party (as defined in the Securityholders Agreement) in the aggregate acquire(s) (i) a majority of the voting equity securities of the Company (whether by merger, liquidation, consolidation, reorganization,
combination, sale or transfer of the Company’s equity securities, securityholder or voting agreement, proxy, power of attorney or otherwise) or (ii) all or substantially all of the Company’s assets determined on a consolidated basis.

 “Securities Act” means the Securities Act of 1933, as amended, or any successor federal law then in force,
together with all rules and regulations promulgated thereunder. 
 “Securityholders Agreement” means the
Securityholders Agreement, dated as of June 29, 2007, among the Company and certain of its securityholders, as amended from time to time pursuant to its terms. 
 “Separation” means Executive ceasing to be employed by the Company, VWR or any of their respective Subsidiaries for any reason. 

  
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 “Separation Date” means the date on which Executive ceases to be employed
by the Company, VWR or any of their respective Subsidiaries for any reason. 
 “Subsidiary” has the meaning
given to such term in the LLC Agreement. 
 “Subsidiary Public Offering” means the sale in an underwritten
public offering registered under the Securities Act of equity securities of a Subsidiary of the Company. 
 “Transaction
Documents” means this Agreement, the Plan, the LLC Agreement, the Securityholders Agreement and all other agreements, instruments, certificates, and other documents to be entered into or delivered by Executive in connection with the
transactions that have occurred or are contemplated to occur, as the case may be, pursuant to this Agreement, the Plan, the LLC Agreement, the Securityholders Agreement and any side agreements related to the foregoing. 

“Transfer” means to sell, transfer, assign, pledge or otherwise dispose of (whether with or without consideration and
whether voluntarily or involuntarily or by operation of law), but explicitly excluding exchanges of one class of Purchased Securities to or for another class of Purchased Securities. 

7. Notices. All notices, demands, or other communications to be given or delivered under or by reason of the provisions of this
Agreement shall be in writing and shall be deemed to have been given or made (i) when delivered personally to the recipient, (ii) when telecopied to the recipient (with hard copy sent to the recipient by reputable overnight courier service
(charges prepaid) that same day) if telecopied before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day after being telecopied, (iii) one business day after being sent to the recipient by reputable
overnight courier service (charges prepaid), or (iv) when received via electronic mail by the recipient (with hard copy sent to the recipient by reputable overnight courier service (charges prepaid) that same day) if received via electronic
mail before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day after such receipt. Such notices, demands, and other communications shall be sent to the Company at the following address and to Executive at
Executive’s Address or to the address for Executive set forth from time to time in the Company’s books and records (and if Executive has notified the Company that he or she is represented by legal counsel in connection with the
transactions contemplated hereby, with a copy (which shall not constitute notice) to such counsel’s address as listed by Executive on the signature page hereto), or to such other address or to the attention of such other person as the recipient
party has specified by prior written notice to the sending party. 
 Varietal Distribution Holdings, LLC 

c/o VWR International, LLC 
 Radnor Corporate Center 
 Building One, Suite 200 

100 Matsonford Road 

  
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 Radnor, PA 19087-8660 

Facsimile: (610) 386-1185 
 Telephone: (610) 386-1504 
 Electronic mail: George_VanKula@vwr.com

 Attention: George Van Kula, Esq. 
 with copies to (which shall not constitute notice): 
 Madison Dearborn
Capital Partners 
 Three First National Plaza, Suite 4600 

70 West Madison Street 
 Chicago, Illinois 60602 
 Facsimile: (312) 895-1056 

Telephone: (312) 895-1000 
 Electronic mail: mtresnowski@MDCP.com 
 Attention: General Counsel 

and 

Kirkland & Ellis LLP 
 300 North LaSalle 
 Chicago, IL 60654 

Facsimile: (312) 862-2200 
 Telephone: (312) 862-2000 
 Electronic mail: sperl@kirkland.com;
mfennell@kirkland.com 
 Attention: Sanford E. Perl, P.C. 

Mark A. Fennell 
 8. Additional Provisions Applicable to Non-US Residents. If Executive is a resident (as indicated by the address for notices to Executive set forth on the signature page hereto) of a country other
than the United States, the provisions of Annex 1 attached hereto, if any, shall also be applicable to Executive and the Company and shall constitute a part of this Agreement as if set forth herein. 

9. General Provisions. 
 (a) Transfers in Violation of Agreement. Any Transfer or attempted Transfer of any Purchased Securities in violation of any provision of this Agreement shall be void, and the Company shall not
record such Transfer on its books or treat any purported transferee of such Purchased Securities as the owner of such securities for any purpose. 
 (b) 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 the effectiveness or validity of any provision
in any other 

  
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jurisdiction, and this Agreement will be reformed, construed, and enforced in such jurisdiction as if such invalid, illegal, or unenforceable provision had never been contained herein.

 (c) Entire Agreement. This Agreement, those documents expressly referred to herein, the other documents of even date
herewith, and the other Transaction Documents embody the complete agreement and understanding among the parties and supersede and preempt 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. Any rights of Executive against VWR or its Affiliates or otherwise to acquire or be granted capital stock of VWR or options exercisable for capital stock of VWR or restricted stock units or
deferred share units with respect to the equity of VWR shall be superseded by this Agreement. As of the date hereof, this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable in accordance with its terms, and the
execution, delivery and performance of this Agreement by the Company does not and will not conflict with, violate or cause a breach of any agreement or instrument to which the Company is a party or subject or any judgment, order or decree to which
the Company is subject. 
 (d) 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. 
 (e) Counterparts. This Agreement may be executed in multiple counterparts with the same effect as if all signing parties had signed the same document. All counterparts shall be construed together
and constitute the same instrument. 
 (f) Successors and Assigns. Except as otherwise provided herein, this Agreement
shall bind and inure to the benefit of and be enforceable by the Company, Executive and the Investors and their respective successors and assigns (including subsequent holders of Purchased Securities); provided that the rights and obligations
of Executive under this Agreement shall not be assignable except in connection with a permitted transfer of Purchased Securities hereunder. 
 (g) Applicable Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or
provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 
 (h) Consent to Jurisdiction. Executive irrevocably submits to the nonexclusive jurisdiction of the United States District Court for the State of Delaware and the state courts of the State of
Delaware for the purposes of any suit, action or other proceeding arising out of this Agreement or any transaction contemplated hereby. Executive further agrees that service of any process, summons, notice or document by United States certified or
registered mail to Executive’s Address and to Executive’s address set forth in the Company’s books and records or such other address or to the attention of such other person as the recipient party has specified by prior written notice
to the sending party shall be effective service of process in any action, suit or proceeding in Delaware with respect to any matters to which it has submitted to 

  
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jurisdiction as set forth above in the immediately preceding sentence. Executive irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or proceeding
arising out of this Agreement or the transactions contemplated hereby in the United States District Court for the State of Delaware or the state courts of the State of Delaware and hereby irrevocably and unconditionally waives and agrees not to
plead or claim in any such court that any such action, suit or proceeding brought in such court has been brought in an inconvenient forum. 
 (i) MUTUAL WAIVER OF JURY TRIAL. BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH
APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL
SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT (INCLUDING THE COMPANY) HEREBY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF THE PARTIES HERETO, WHETHER ARISING
IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED OR INCIDENTAL TO THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREBY AND/OR THE RELATIONSHIPS ESTABLISHED AMONG THE PARTIES HEREUNDER. 

(j) Further Action. The parties shall execute and deliver all documents, provide all information, and take or refrain from taking
such actions as may be necessary or appropriate to achieve the purposes of this Agreement. 
 (k) Remedies. Each of the
parties to this Agreement (and the Investors as third-party beneficiaries) will be entitled to enforce its rights under this Agreement specifically, to recover damages caused by any breach of any provision of this Agreement and to exercise all other
rights existing in its favor. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that any party may in its sole discretion apply to any court of law or
equity of competent jurisdiction (without posting any bond or deposit) for specific performance and/or other injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement. In the event of a contest between the
Company and Executive regarding a breach or alleged breach of this Agreement in which Executive substantially prevails, then the Company agrees to pay (within ten business days of receipt of an invoice from Executive), all legal fees and expenses
that Executive has incurred as a result of such contest. 
 (l) Amendment and Waiver. The provisions of this Agreement
may be amended and waived only with the prior written consent of the Company, Executive and the holders of the Required Interest (as defined in the Securityholders Agreement). 

  
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 (m) Business Days. If any time period for giving notice or taking action hereunder
expires on a day which is a Saturday, Sunday or holiday in the state in which the Company’s chief executive office is located, the time period shall be automatically extended to the business day immediately following such Saturday, Sunday or
holiday. 
 (n) Survival. All covenants, representations and warranties contained herein or made in writing by any party
in connection herewith shall survive the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. This Agreement shall survive a Separation and shall remain in full force and effect after such
Separation. 
 (o) Adjustments of Numbers. All numbers set forth herein that refer to unit prices or amounts will be
appropriately adjusted to reflect unit splits, unit dividends, combinations of units and other recapitalizations affecting the subject class of equity. 
 (p) Deemed Transfer of Purchased Securities. If, pursuant to the terms and conditions of this Agreement, the Company (and/or the Investors and/or any other Person acquiring securities) shall make
available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Purchased Securities to be repurchased in accordance with the provisions of this Agreement in the proper amount as finally determined
in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units are to be repurchased shall no longer have any rights as a holder of such units (other than the right to receive payment of such
consideration in accordance with this Agreement), and such units shall be deemed purchased in accordance with the applicable provisions hereof and the Company (and/or the Investors and/or any other Person acquiring securities) shall be deemed the
owner and holder of such units, whether or not the certificates therefor, if any, have been delivered as required by this Agreement. 
 (q) Rights Granted to the Investors and their Affiliates. Any rights granted to Executive or to the Investors and their respective Affiliates hereunder may also be exercised (in whole or in part)
by their designees. 
 (r) Subsidiary Public Offering. If, after consummation of a Subsidiary Public Offering, the
Company distributes securities of such Subsidiary to members of the Company, then such securities will be treated in the same manner as (but excluding any “preferred” features of the units with respect to which they were distributed) the
units with respect to which they were distributed for purposes of Sections 1, 2, 3, and 4 hereof. 

(s) Electronic Delivery. This Agreement, the agreements referred to herein, and each other agreement or instrument entered into in
connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a photographic, photostatic, facsimile or similar reproduction of such signed writing using a
facsimile machine or electronic mail shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in
person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall 

  
 13 

 
reexecute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or electronic mail to
deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or electronic mail as a defense to the formation or enforceability of a contract and each such party
forever waives any such defense. 
 (t) Currency. All transactions contemplated by this Agreement are contemplated to
occur in United States dollars and any reference herein to dollars or “$” shall be deemed to refer to United States dollars. 

  
 14 

 IN WITNESS WHEREOF, the parties hereto have executed this Management Unit Purchase Agreement
as of the day and year first above written. 
  

			
	VARIETAL DISTRIBUTION HOLDINGS, LLC
		
	By:	 	 /s/ George Van Kula

	Name:	 	George Van Kula
	Its:	 	SVP, General Counsel
	
	EXECUTIVE
	
	 /s/ Manuel Brocke-Benz

	Name:	 	Manuel Brocke-Benz
		 	

 The following additional definitions shall apply to the Agreement: 

“Aggregate Units Purchase Price” means $542.85. 
  

			
	 “Executive’s Address “ means:
 Ludwigstrasse 26
 64625 Bensheim
 GERMANY
	 	Address of legal counsel, if any to Executive:

 “Number of Common Units” means 54,285 Class A Common Units. 

The Company hereby notifies you that it may rely on one or more of the following exemptions that are indicated with a check or “x” from the
registration requirements of the Securities Act with respect to the sale of the Purchased Securities hereunder:             Rule 701;
            Regulation D;             Regulation S. 

  
 15 

 EXHIBIT A 

                    ,
20     
 PROTECTIVE ELECTION TO INCLUDE MEMBERSHIP 

INTEREST IN GROSS INCOME PURSUANT TO 
 SECTION 83(b) OF THE INTERNAL REVENUE CODE 
 On
                    , 20    (the “Acquisition Date”), the undersigned acquired a limited liability company
membership interest (the “Membership Interest”) in Varietal Distribution Holdings, LLC, a Delaware limited liability company (the “Company”), for
$            . Pursuant to the Limited Liability Company Agreement of the Company, the undersigned is entitled to an interest in Company capital exactly equal to the amount paid therefor
and an interest in Company profits. 
 Based on current Treasury Regulation §1.721-1(b), Proposed Treasury Regulation
§1.721-1(b)(1), and Revenue Procedures 93-27 and 2001-43, the undersigned does not believe that issuance of the Membership Interest to the undersigned is subject to the provisions of §83 of the Internal Revenue Code (the
“Code”). In the event that the sale is so treated, however, the undersigned desires to make an election to have the receipt of the Membership Interest taxed under the provisions of Code §83(b) at the time the undersigned
acquired the Membership Interest. 
 Therefore, pursuant to Code §83(b) and Treasury Regulation §1.83-2 promulgated
thereunder, the undersigned hereby makes an election, with respect to the Membership Interest, to report as taxable income for the calendar year [    ] the excess (if any) of the value of the Membership Interest on the
Acquisition Date over the purchase price thereof. 
 The following information is supplied in accordance with Treasury
Regulation § 1.83-2(e): 
  

	1.	The name, address and social security number of the undersigned: 

 [to be inserted] 
  

	2.	A description of the property with respect to which the election is being made: A membership interest in the Company entitling the undersigned to an interest in the
Company’s capital exactly equal to the amount paid therefore and a percentage of the Company’s profits. 

	3.	The date on which the Membership Interest was transferred: the Acquisition Date. The taxable year for which such election is made: [20    ].

  

	4.	The restrictions to which the property is subject: If the undersigned ceases to be employed by the Company or any of its subsidiaries, the unvested portion of the units
will be subject to repurchase by the Company at the lower of cost or fair market value. 

  

	5.	The fair market value on the Acquisition Date of the property with respect to which the election is being made, determined without regard to any lapse restrictions and
in accordance with Revenue Procedure 93-27: $            . 

  

	6.	The amount paid or to be paid for such property: $            . 

*   *   *   *   * 

 A copy of this election is being furnished to the Company pursuant to Treasury Regulation
§ 1.83-2(e)(7). A copy of this election will be submitted with the 2008 federal income tax return of the undersigned pursuant to Treasury Regulation § 1.83-2(c), if any. 

Dated:                     ,
20     
  

	
	  
 [Name to be inserted]

 EXHIBIT B 

SPOUSAL CONSENT 
 The undersigned spouse of Executive hereby acknowledges that I have read the foregoing Management Unit Purchase Agreement executed by Executive as of the date hereof, and each of the LLC Agreement and the
Securityholders Agreement referred to therein, and that I understand their contents. I am aware that the foregoing Management Unit Purchase Agreement and the Securityholders Agreement provide for the sale or repurchase of my spouse’s Purchased
Securities under certain circumstances and/or impose other restrictions on such securities (including, without limitation, restrictions on transfer). I agree that my spouse’s interest in these securities is subject to these restrictions and any
interest that I may have in such securities shall be irrevocably bound by these agreements and further, that my community property interest, if any, shall be similarly bound by these agreements. 

 

			
	  
	 	Date:                     , 20    
		
	Spouse’s Name:	 	  

		
	  
	 	Date:                     , 20    
		
	Witness’ Name:	 	  

 ANNEX 1 
 SUPPLEMENTAL PROVISIONS FOR NON-US RESIDENTS 
 If Executive is a resident (as
indicated by the address for notices to Executive set forth on the signature page hereto) of a country other than the United States, Executive represents, warrants and/or covenants to the Company as follows: (A) Executive is not a “U.S.
person” (as defined in Rule 902 as promulgated under the Securities Act), (B) Executive is not acquiring any Purchased Securities for the account or benefit of any person who is a U.S. person and the issuance of the Purchased Securities to
Executive constitutes an “Offshore Transaction,” as defined in Rule 902 as promulgated under the Securities Act, (C) Executive will only transfer or resell the Purchased Securities, in whole or in part, in accordance with the Plan,
this Agreement, the LLC Agreement, the Securityholders Agreement and (1) the provisions of Regulation S (Rule 901 through 905) and the Preliminary Notes (as defined in Regulation S), (2) pursuant to registration under the Securities Act,
or (3) pursuant to an available exemption from the registration requirements of the Securities Act, (D) Executive will not engage in hedging transactions with regard to any Purchased Securities unless in compliance with the Securities Act
and (E) Executive’s Purchased Securities have not been registered under the Securities Act and may not be offered or sold in the United States or to U.S. persons (other than distributors) unless such securities are registered under the
Securities Act, or an exemption from the registration requirements of the Securities Act is available.EX-10.1

 EXHIBIT 10.1 

 
 

 
 FORM OF EXECUTIVE EMPLOYMENT AGREEMENT 
 This Executive Employment Agreement (this “Agreement”) is entered into as of the “Effective Date” set forth below, by and between Manhattan Associates, Inc., a Georgia
corporation (“Company”), and the undersigned “Executive.” 
 In consideration of Company’s employment and
continued employment of Executive, Company and Executive agree as follows: 
 1. Contents of Agreement. This Agreement consists of this
Signature Page and attached Schedules A (“General Terms and Conditions”), B (“Position and Certain Compensation Information”), C (“Non-compete Company List”), and D (“Release”), each of which is incorporated
into this Agreement by reference. 
 2. Definitions. Except as otherwise defined in this Agreement, capitalized terms will have
the meanings set forth in Section 1 of Schedule A entitled “Definitions.” 
 THIS AGREEMENT WILL BECOME EFFECTIVE WHEN SIGNED
BY BOTH PARTIES BELOW AND AS OF THE DATE SIGNED BY EXECUTIVE BELOW. 
 IN WITNESS WHEREOF, the Parties have executed this Agreement
as of the Effective Date. 
  

					
	EXECUTIVE	  		 	COMPANY
			
	 [Name of Executive]
 [Address
of Executive]
	  		 	 Manhattan Associates, Inc.

2300 Windy Ridge Parkway, Tenth Floor
 Atlanta,
GA 30339

			
	 	  		 	  

	EXECUTIVE SIGNATURE	  		 	AUTHORIZED SIGNATURE
			
	 	  		 	  

	NAME PRINTED	  		 	NAME & TITLE PRINTED
			
	 	  		 	  

	EFFECTIVE DATE	  		 	DATE

  

 SCHEDULE A GENERAL TERMS AND CONDITIONS 

 

 1. Definitions. Except as otherwise specified in this Agreement, the definitions of the capitalized
terms set forth in this Section 1 will apply with respect to the entire Agreement. 
 1.1 Agreement. This Executive
Employment Agreement. 
 1.2 Base Salary. Executive’s base salary as set forth on Schedule B, as may be increased
annually at the discretion of the Board or the Committee. 
 1.3 Board. Company’s Board of Directors as constituted
from time to time. 
 1.4 Bonus Target Amount. The target amount for Executive’s Performance-related Bonus, as set
forth on Schedule B, as may be adjusted annually at the discretion of the Board or the Committee. 
 1.5 Cause. An act
or acts or omission or omissions to act by Executive involving Executive’s (i) willful and continued failure substantially to perform their duties with Company (other than a failure resulting from Executive’s Disability) and that
failure continues for thirty (30) days following written notice from Company to Executive that provides a reasonable description of the basis for the determination that Executive has failed to perform their duties, (ii) conviction for a
criminal offense other than a misdemeanor not disclosable under the federal securities laws, (iii) willful and continued failure to cooperate with any investigation or similar proceeding involving Company by any governmental authority regarding
any material breach of law or regulation and continuation of that failure for thirty (30) days following written notice from Company to Executive that provides a reasonable description of the basis for the determination that Executive has
failed to cooperate; (iv) breach of this Agreement in any material respect where that breach is not susceptible to remedy or cure or has already materially damaged Company, or is susceptible to remedy or cure and no such material damage yet has
occurred, and is not cured or remedied reasonably promptly after specific written notice from Company to Executive that provides a reasonable description of the breach, or (v) conduct that the Board has determined, reasonably and in good faith,
to be dishonest, fraudulent, unlawful, or grossly negligent, or does not comply with Company’s Code of Conduct or materially fails to comply with a set of standards of conduct and business practices that have been labeled as such and provided
by Company to Executive prior to that conduct, which is not cured to the reasonable satisfaction of the Board within thirty (30) days of written notice from the Board to Executive. 

1.6 Change of Control. The occurrence of any of the following events: 

(i) Any transaction or series of transactions pursuant to which Company sells, transfers, leases, exchanges, or
disposes of all or substantially all (i.e., at least eighty-five percent (85%)) of its assets for cash or property, or for a combination of cash and property, or for other consideration;

 (ii) Any transaction pursuant to which one or more Persons acquire by
merger, consolidation, reorganization, division, or other business combination or transaction, or by a purchase of an interest in Company, an interest in Company so that after that transaction, the shareholders of Company immediately prior to that
transaction no longer have a controlling (i.e., fifty percent (50%) or more) voting interest in Company; 
 (iii) Any change in the composition of the Board within a twelve (12) month period resulting in fewer than a majority of the directors being Incumbent Directors; or 

(iv) Any transaction or series of transactions pursuant to which any Person or Persons acting in concert acquire
outstanding voting securities of Company, if, after that transaction or those transactions, the acquiring Persons own, control, or hold, with power to vote, at least forty percent (40%) of any class of voting securities of Company. 

1.7 Code. The Internal Revenue Code of 1986, as amended. 

1.8 Committee. The Compensation Committee of the Board. 

1.9 Company. As defined in the Preamble to this Agreement; provided, however, where the context reasonably requires,
“Company” also will include Manhattan Associates, Inc.’s affiliates. 
 1.10 Company Business. The
business of developing, marketing, selling, licensing, installing, implementing, deploying, servicing, and maintaining supply chain computer software solutions designed for one or more of the following: (i) management of warehouses and
distribution centers; (ii) management of transportation logistics throughout the supply chain, including carrier management, transportation procurement, and transportation execution; (iii) product order, fulfillment and returns processes;
(iv) retail, wholesale, and multi-channel inventory planning and management; (v) supply chain event monitoring and reporting; and (vi) supply chain analysis and evaluation. 

1.11 Competing Business. Activities, products, or services that are the same as or similar to the Company Business.

 

  
 A-1

 1.12 Confidential Information. (A) Any and all data and information in
whatever form: (i) relating to or arising from the business of Company, or of third Persons, regardless of whether the data or information constitutes a trade secret as defined by applicable law; (ii) disclosed to Executive or of which
Executive becomes or became aware as a consequence of Executive’s relationship with Company; (iii) having value to Company; (iv) not generally known to competitors of Company; and (v) which includes, without limitation: trade
secrets; methods of operation; customer and prospective customer information; price lists; financial information and projections; Company organizational structure information; business plans and strategies; Company product information including
design, development, and marketing information, installation and configuration guides, user manuals, functional and technical specifications, data models and data dictionaries, and software source code; Company policies, processes, methods, and
procedures; Company inventions and discoveries; and similar information; and (B) third party confidential information in Company’s possession. 
 1.13 Constructive Termination. The occurrence during Executive’s employment of any one of the events set forth in (i) through (vi) below and satisfaction of the following conditions:
(a) Executive provides notice to Company of the Constructive Termination condition within ninety (90) days of their learning of its initial existence; (b) Company fails to remedy the Constructive Termination condition within thirty
(30) days following the notice; and (c) Executive terminates their employment within six (6) months of their learning of the existence of the Constructive Termination condition. The Constructive Termination events are as follows:
(i) a material adverse change in Executive’s authority, duties, or responsibilities; (ii) a material failure to pay Executive the compensation required by this Agreement; (iii) after a Change of Control, (a) relocation of
Company’s headquarters more than thirty (30) miles outside of the Atlanta, Georgia, greater metropolitan area or (b) Company requiring Executive to be based more than thirty (30) miles from the Work Location at which Executive
was based immediately prior to the Change of Control; (iv) after a Change of Control, the material reduction in the compensation and benefits provided to Executive under the employee benefit plans, programs, and practices in effect immediately
prior to the Change of Control; (v) after a Change of Control, the insolvency or the filing by Company of a petition for bankruptcy of Company; or (vi) after a Change of Control, Company’s failure promptly to obtain an agreement from
any successor or assignee of Company to assume and agree to perform Company’s obligations under this Agreement unless that successor or assignee is bound to the performance of this Agreement as a matter of law. 

1.14 Disability. Executive’s inability as a result of physical or mental incapacity to substantially perform
Executive’s duties for Company on a full-time basis, which inability lasts for a period of six (6) consecutive months. The Board (or the Committee, if requested to do so by the Board) will be responsible for determining in good faith an
Executive’s Disability based on the information received by the Board (or the Committee).

 1.15 Duties. Duties of the type performed by Executive for Company during the
twenty-four (24) month period immediately prior to the Termination Date. 
 1.16 Effective Date. The date on which
this Agreement becomes effective as set forth on the Signature Page. 
 1.17 Equity Awards. Stock options, restricted
stock, restricted stock units, and other equity awards that may be granted under the Stock Incentive Plan. 
 1.18
Executive. As defined in the Preamble to this Agreement. 
 1.19 Incumbent Directors. The Persons who, at the
Effective Date, constitute the Board, and any Person becoming a director after the Effective Date and whose election or nomination for election was approved by a vote of at least a majority of the Incumbent Directors then on the Board (either by a
specific vote or by approval of the proxy statement of Company in which that Person is named as a nominee for director, without written objection to that nomination); provided, however, that no individual initially elected or nominated as a director
of Company as a result of an actual or threatened election contest (as described in Rule 14a-11 under the United States’ Securities Act of 1934) or other actual or threatened solicitation of proxies or consents by or on behalf of any
“person” (as defined in Section 3(a)(9) of the Act and as used in Section 13(d)(3) and 14(d)(2) of the Act) other than the Board, including by reason of any agreement intended to avoid or settle any such contest or solicitation,
will be deemed an Incumbent Director; and provided further, that subject to the provisions of this Section 1.19, no Person will be deemed to be an Incumbent Director until that time as they take office as a director of Company. 

1.20 Invention. Any idea, invention, discovery, improvement, innovation, design, process, method, formula, technique, machine,
article of manufacture, composition of matter, algorithm, or computer program, and any improvements to any of the above. 

1.21 Parties. Executive and Company. 
 1.22 Performance-related Bonus. Executive’s performance-related annual cash bonus, calculated in a manner consistent with the terms of Company’s performance-related bonus plan and this
Agreement. 
 1.23 Person. A natural person, or a corporation, partnership, limited partnership, joint venture, limited
liability company, trust, other business, non-business, charitable, or governmental entity, or governmental agency. 

 

  
 A-2

 1.24 Recoupment Policy. A policy of recoupment of compensation adopted or amended
from time to time by the Board or the Committee as it deems necessary or desirable to comply with the requirements of Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (providing for recovery of erroneously awarded
compensation), Section 304 of the Sarbanes-Oxley Act of 2002 (providing for forfeiture of certain bonuses and profits), and any implementing rules and regulations of the U.S. Securities and Exchange Commission and applicable listing standards
of a national securities exchange adopted in accordance with either of those Acts, which policy is incorporated into this Agreement by this reference. 
 1.25 Release. A release of Company from any and all liabilities and claims of any kind substantially in the form attached as Schedule D to this Agreement, revised as necessary at the time of
execution to comply with applicable law. 
 1.26 Restriction Period. That period beginning on the Termination Date and
ending on the later of (i) the date that is the twelve (12) month anniversary of the Termination Date or (ii) if severance payments become due to the Executive pursuant to Section 4.1, the date on which the last of those
severance payments is due. 
 1.27 Section 409A. Section 409A of the Code. 

1.28 Stock Incentive Plan. The Manhattan Associates, Inc. 2007 Stock Incentive Plan, as amended, or any successor plan to that
plan. 
 1.29 Subject Invention. Any Invention that is conceived by Executive during the term of their employment with
Company solely or jointly with others and: (i) relates to the actual or anticipated business, research, or development of Company; (ii) results from any work performed by Executive using any equipment, facilities, materials, Confidential
Information, or Company personnel; or (iii) is suggested by or results from any task assigned to Executive by, or performed by Executive for or on behalf of, Company. 
 1.30 Termination Date. The date on which Executive’s employment with Company is terminated with or without Cause, for any reason or for no reason, upon the initiative of either Party.

 1.31 Work. Any copyrightable work of authorship, including, without limitation, computer programs (including the
contents of read-only memories), any technical descriptions for products, user’s guides, graphical works, audiovisual works, sound recordings, literary works, illustrations, advertising materials, and any contribution to those materials.

 1.32 Work Location. Executive’s primary place of business as set forth on Schedule B, as may be changed by
Company from time to time at the discretion of the Executive’s direct supervisor or the Board.

 2. Employment. 
 2.1 Position and Responsibilities. As of the Effective Date, Company will continue to employ Executive, and Executive accepts continuing employment by Company, at the position set forth on
Schedule B, and Executive will continue to report to the direct supervisor set forth on Schedule B, all in accordance with and subject to the terms set forth in this Agreement. Executive will perform those responsibilities consistent with their
position and those other duties as may be and previously have been determined from time to time by Company’s CEO, Executive’s direct supervisor (if different from the CEO), or the Board from time to time, and perform those responsibilities
to the best of their ability while devoting their full business time to those responsibilities. Executive will act in good faith to promote the interests of Company. Executive may participate in those civic and charitable activities as Executive
elects that do not meaningfully interfere with their duties for Company. Executive will conduct themself in a business-like and professional manner as appropriate for their position and represent Company in a manner that complies with good business
and ethical practices. Executive will be subject to and abide by the written policies and procedures of Company applicable to executive personnel of Company, as adopted from time to time by Company and communicated to Executive. 

2.2 Executive’s Work Location. Executive will work out of their Work Location set forth on Schedule B, which Work
Location may be changed by Company from time to time at the discretion of Executive’s direct supervisor or the Board. 
 3.
Compensation. During the term of Executive’s employment with Company, the following compensation provisions will apply: 
 3.1 Base Salary. Company will pay to Executive the Base Salary, subject to all payroll and income tax withholdings and other authorized deductions, which Base Salary may be increased
annually at the discretion of the Board or the Committee. 
 3.2 Performance-Related Bonus. Executive will
be eligible to receive the Performance-related Bonus with a target opportunity equal to the Bonus Target Amount, subject to those terms and conditions as may be established by Company. The Board or the Committee will determine the amount of the
bonus, in its reasonable discretion, utilizing financial information reviewed or audited by Company’s independent auditors. Company will pay the bonus in accordance with its policies in place from time to time, and the bonus will be subject to
all payroll and income tax withholdings and other authorized deductions. 
 3.3 Equity Awards. Executive
will be eligible to receive grants of Equity Awards. The grants will have an annual value that reflects Executive’s position, duties, and responsibilities with Company and will be commensurate with grants to other executive officers of Company.
The grants may be performance-based, service-based, or any combination of them. The Board or the Committee will determine, in its discretion, the form, vesting, forfeiture, and other terms and conditions of the grants. Each grant of an Equity Award
will be subject to the terms and conditions of the award agreement for that grant. 

 

  
 A-3

 3.4 Employee Benefits. Executive will be eligible to participate in all
employee benefit plans that Company provides for its employees at the executive level, including 401(k), deferred compensation, health care, life insurance, disability, and similar benefit plans. Concurrently with the execution by the Parties of
this Agreement, the Parties will enter into an Indemnification Agreement, prepared by or at the direction of Company, under which Company will indemnify Executive to the full extent permitted by law and under Company’s Articles of Incorporation
and Bylaws for and with respect to any claim, loss, or cause of action resulting from, arising out of, or in connection with Executive’s service as an officer, director, or employee of Company or any of its subsidiaries. Company will ensure
that Executive is covered under a directors and officers liability insurance policy in the same manner as other executive officers and directors of Company. 
 3.5 Expenses. Executive will be promptly reimbursed for expenses reasonably incurred in the performance of their executive duties in accordance with the written policies of Company in effect
from time to time. 
 3.6 Vacation. Except as otherwise set forth on Schedule B or agreed to between the
Parties in writing, Executive will be eligible for vacation each calendar year in accordance with the standard Company vacation policy. 
 3.7 Recoupment of Compensation. Performance-related Bonuses, other incentive compensation, and Equity Awards paid or granted to Executive, whether pursuant to this Agreement or otherwise,
will be subject to those terms and conditions of any applicable Recoupment Policy. 
 4. Termination of Employment. 

4.1 Termination. Executive’s employment under the terms of this Agreement will continue until it is terminated in
writing by the Parties, or until Executive’s employment is terminated in accordance with the terms of this Agreement. Either Company or Executive may terminate Executive’s employment at any time by written notice to the other, which, if
given by Executive, will be given at least thirty (30) days prior to the Termination Date designated by Executive. If Executive’s employment is terminated (i) by Company for Cause, (ii) as a result of Executive’s Disability,
or (iii) upon and as a result of Executive’s death, or if Executive terminates his employment other than for Constructive Termination, then Company’s obligations under this Agreement will cease as of the Termination Date; provided,
however, that Executive (or their estate) will be entitled to (a) salary earned through the Termination Date, (b) any bonuses or other incentive compensation earned and payable under the terms of the applicable bonus or other incentive
plan as of the Termination Date, (c) benefits earned by or payable to Executive pursuant to the terms of any health, life insurance, disability, welfare, retirement, or other plan or program maintained by Company in which Executive participates
or the terms of any Equity Award. If Company terminates Executive’s employment other 

 
than pursuant to clauses (i) through (iii) of this Section 4.1, or if Executive terminates their employment as a Constructive Termination, Executive will be entitled to receive
the severance payments provided in Section 4.2 (subject to the conditions set forth in Section 4.2). Except as otherwise provided in this Agreement, if Executive’s employment is terminated and they are entitled to severance payments
under this Section 4.1, then they will not be required to mitigate damages by seeking other employment, and any compensation or benefits they receive will not reduce the amount payable by Company under this Agreement. The severance payments
provided pursuant to Section 4.2 will be the only severance benefits payable to Executive by Company as a result of the termination of Executive’s employment, and Executive waives their rights (if any) to any severance benefits under any
other plan or program of Company. 
 4.2 Severance Payments. Subject to the conditions set
forth in the following sentence and the limitations set forth in the last sentence of this paragraph and in Section 4.5, if Executive’s employment is terminated under Section 4.1 entitling Executive to receive severance payments, then
the severance payments will comprise the following payments, subject to withholding of all applicable payroll and income taxes and other authorized deductions: (i) twelve (12) full months of Executive’s Base Salary, payable in
twenty-four (24) equal semimonthly installments on Company’s regular payroll dates beginning on the first payroll date after the Release is executed and delivered to Company by Executive and becomes effective, (ii) twelve
(12) monthly payments each of which is equal to the monthly costs of COBRA coverage for medical and dental coverage for Executive and their dependents (plus a tax gross-up on such COBRA payments) and the right to elect to participate in
Company’s medical and dental coverages for that twelve (12) month period, and (iii) if that termination of Executive’s employment occurs on or within twenty-four (24) months following the date of a Change of Control,
(a) a pro rata bonus for the year of termination (based on the number of days that have elapsed to the Termination Date), calculated at target performance level, less any bonus amount already paid or payable for that year, and (b) an
additional annual bonus amount equal to the greater of Executive’s target bonus for the year of termination or Executive’s target bonus for the prior year, which bonus payments ((a) and (b) above) will be paid as a lump sum on the
sixtieth (60th) day after the Termination Date.
Company’s obligation to make the severance payments under this Section 4.2 is subject to the conditions that (a) Executive executes and delivers to Company the Release within the time period specified in the Release, and the Release
becomes effective, and (b) Executive complies with the restrictive covenants and post-termination obligations in Sections 8 through 11, inclusive. If Executive dies after becoming entitled to severance payments under this Section 4.2, the
severance payments under this Section 4.2 will continue for the lesser of six (6) months or the remainder of the twelve (12) month period referred to above.

 

  
 A-4

 4.3 Treatment of Unvested Equity Awards. Except as otherwise agreed in writing
between Company (or its successor) and Executive, if a Change of Control occurs, any outstanding Equity Awards granted to Executive not yet vested as of that Change of Control will remain in effect in accordance with their terms (or Company may,
without Executive’s consent, substitute for those unvested Equity Awards an equity award with substantially equivalent value, terms, and conditions of the survivor, continuing, successor, or purchasing entity, or their parent). If on or within
twenty-four (24) months following the date of a Change of Control Executive’s employment is terminated under Section 4.1 entitling Executive to receive severance payments, then any outstanding unvested Equity Awards granted to
Executive prior to that Change of Control (or any equity awards substituted for those Equity Awards) will fully vest (to the extent they have not otherwise vested) as of the date that the Release becomes effective. If any performance period for an
outstanding unvested Equity Award has not been completed as of the date of a Change of Control, then the target performance level for that Equity Award will be deemed to have been achieved as of the date of that Change of Control. 

The provisions of this Section 4.3 are, by this Agreement, deemed to be a part of, and where necessary, amend, each Equity Award
agreement of Executive and to supersede any contrary provisions in each of those agreements. 
 4.4 Section 409A
Compliance. This Agreement will at all times be interpreted and performed in accordance with the requirements of Section 409A. The severance payments under Section 4.2 will be deemed separate payments for purposes of Section 409A,
and those payments are in whole or in part intended to satisfy the “short-term deferral exception” and the “two-times pay” exception to Section 409A. Notwithstanding any provision of this Agreement to the contrary, the
timing of Executive’s execution of the Release will not, directly or indirectly, result in Executive designating the calendar year of payment, and if a payment that is subject to execution of the Release could be made in more than one taxable
year, that payment will be made in the later taxable year. Any action that may be taken (and, to the extent possible, any action actually taken) by Company will not be taken (or will be void and without effect) if that action violates the
requirements of Section 409A. Any provision in this Agreement that is determined to violate the requirements of Section 409A will be void and without effect. In addition, any provision that is required to appear in this Agreement in
accordance with Section 409A that is not expressly set forth in this Agreement will be deemed to be set forth in this Agreement, and this Agreement will be administered in all respects as if that provision were expressly set forth. Company will
have the authority to delay the commencement of all or a part of the payments to Executive under Section 4 if Executive is a “key employee” of Company (as determined by Company in accordance with procedures established by
Company that are consistent with Section 409A) to a date that is six (6) months and one (1) day after the Termination Date (and on that date the payments that otherwise would have been made during that six (6) month period will
be made), but only to the extent that delay is required under the provisions of Section 409A to avoid imposition of additional income and other taxes, provided that Company and Executive agree to take into account any transitional rules and
exemption rules available under Section 409A. 

 4.5 Limitations on Severance Payments. Except as otherwise
provided below, if it is determined that any right, payment, or other benefit under this Agreement to or for the benefit of Executive would result in Company’s payment of a “parachute payment” under Code Section 280G, in whole or
part when aggregated with any other right, payment, or benefit to or for the Executive under all other agreements or benefit plans of Company, then, to the extent necessary to make those payments or benefits not “parachute payments” (but
only to such extent and after taking into account any reduction relating to Section 280G under any other plan, arrangement or agreement), any right, payment, or benefit under this Agreement will not become payable. The determination under this
Section 4.5 will be made by a nationally recognized accounting firm selected by Company. All determinations required to be made under this Section 4.5, including whether and which of the rights, payments, or benefits are required to be
reduced, the amount of that reduction, and the assumptions to be utilized in arriving at that determination, will be made by that accounting firm. 
 5. Inventions. By this Agreement, Executive irrevocably assigns to Company all of Executive’s rights to all Subject Inventions in the United States and all other countries and the right
to claim priority in the Subject Inventions. 
 6. Patent Applications and Maintenance. If Company elects to file one or
more patent applications, either in the United States or in any foreign country, on a Subject Invention of which Executive is an inventor, Executive will sign all necessary documentation relating to the patent application(s), including formal
assignments to Company, and will cooperate with attorneys or other Persons designated by Company to provide all information necessary for the prosecution of the patent application(s) in the United States and any foreign country. Executive also will
assist Company in every proper way to maintain its patents during and following the period of employment, including, but not limited to, the performance of all lawful acts, such as the giving of testimony in any interference proceedings,
infringement suits, or other litigation, as may be deemed necessary or advisable by Company. 

 

  
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 7. Copyrights. 
 7.1 Ownership by Company. Any Works created by Executive in the course of Executive’s duties as an employee of Company are subject to the “Work for Hire” provisions contained
in Sections 101 and 201 of the United States Copyright Law, Title 17 of the United States Code. All right, title, and interest in and to copyrights in all Works that have been or will be prepared by Executive within the scope of Executive’s
employment with Company will be the property of Company. To the extent the provisions of Title 17 of the United States Code do not vest the copyrights to any Works in Company, Executive, by this Agreement, assigns to Company all right, title, and
interest to copyrights Executive may have in the Works. 
 7.2 Assistance to Company. Executive will
assist Company in every proper way to maintain Company’s copyrights during and following Executive’s period of employment including, but not limited to, the performance of all lawful acts, such as the giving of testimony in any
infringement suits or other litigation, as may be deemed necessary or advisable by Company. 
 8. Agreement Not to Solicit
Customers. During the term of Executive’s employment by Company, Executive will not, either directly or indirectly, on Executive’s behalf or on behalf of another Person, for the purpose of selling or providing any Competing Business,
solicit, divert, or appropriate, or attempt to solicit, divert, or appropriate, any Company customer or prospective customer. Further, during the Restriction Period, Executive will not, either directly or indirectly, on Executive’s behalf or on
behalf of another Person, for the purpose of selling or providing any Competing Business, solicit, divert, or appropriate, or attempt to solicit, divert, or appropriate, any Company customer or potential customer: (i) with which Executive deals
or has dealt on behalf of Company (ii) whose dealings with Company are or were coordinated or supervised by Executive; (iii) about which Executive obtains or obtained confidential information in the ordinary course of business as a result
of Executive’s association with Company; or (iv) that receives or received products or services authorized by Company, the sale or provision of which results or resulted in compensation, commissions, or earnings for Executive within
twenty-four (24) months prior to the Termination Date. 
 9. Agreement Not to Solicit Employees. During the term of
Executive’s employment by Company and the Restriction Period, Executive will not, either directly or indirectly, on Executive’s behalf or on behalf of another Person, solicit, divert, or hire away, or attempt to solicit, divert, or hire
away, any Company employee. 

 10. Non-Competition. During Executive’s employment by Company, Executive will not work
for any other Person (other than volunteering free time to a charitable organization), or engage in any other business activity that would interfere with the performance of Executive’s job responsibilities or that is in violation of
policies established from time to time by Company, without Company’s prior written consent. During Executive’s employment by Company, any money or other remuneration received by Executive for services rendered to a Company customer belong
to Company. Executive acknowledges that: (i) Company is engaged in the Company Business throughout the United States of America and internationally, with its principal place of business in Atlanta, Georgia, international offices in Europe and
Asia, and customers throughout the United States of America and in multiple foreign countries; (ii) Executive possesses selective and specialized skills, knowledge, learning, and abilities relating to the Company Business, and Executive’s
employment with Company involves further acquisition and development of such selective and specialized skills, knowledge, learning, and abilities; and (iii) Executive has and will have, during Executive’s employment with Company, access to
Confidential Information. In light of the above, during the Restriction Period, Executive will not, without Company’s prior written consent, perform in the United States of America, Europe, Asia, or any other geographic location in which
Company is engaged in the Company Business, any Duties for, or that benefit, directly or indirectly, any Competing Business engaged in by a company listed or described on Schedule C to this Agreement. 

11. Confidential Information. 
 11.1 Non-disclosure and Non-use. Except as reasonably necessary or appropriate in connection with Executive’s performance of Executive’s responsibilities for Company, Executive
will not disclose Confidential Information to any Person or use or exploit (including reverse engineering, decompiling, or disassembling) Confidential Information.  
 11.2 Exceptions. Notwithstanding the foregoing, the non-disclosure restriction of Section 11.1 will not apply to any data or information: (i) that has been voluntarily disclosed to
the public by Company, except where that disclosure has been made by Executive without authorization from Company; (ii) that has been independently developed and disclosed by others; or (iii) that otherwise has entered the public domain
through lawful means. 
 11.3 Duration. Except as otherwise provided in this Section 11, the covenants of
confidentiality, non-use, and non-exploitation set forth in this Section 11 will continue throughout the term of Executive’s employment with Company, and indefinitely following the Termination Date; provided that Executive’s
non-disclosure obligations with respect to Confidential Information will terminate at such time as the data or information is no longer confidential. 
 11.4 Notice Requirement. Executive agrees to notify Company immediately if Executive learns of any unauthorized disclosure, use, or exploitation of Confidential Information by another Person.

  

 

  
 A-6

 12. Return of Property. Upon termination of Executive’s employment with Company, Executive
promptly will deliver to Company all Company property in their possession or control, including, but not limited to, all keys, credit cards, security cards, computers, computer software (including computer discs and storage devices of any kind),
mobile phones, and other equipment or personal items provided by Company to Executive for use during Executive’s employment, together with all Company documents and all copies of those documents (both hard copy and electronically stored),
written or recorded materials, plans, records, notes, files, drawings, or papers relating to the affairs of Company, including all notes or records relating to employees of Company. 
 13. Obligations to Others. Except as may have been disclosed previously by Executive to Company, Executive represents and warrants that Executive is not or was not a party to any agreement with any
other Person that purports to require Executive to assign any Work or any Invention created, conceived, or first practiced by Executive during any period of time during which Executive has been or will continue to be an employee of Company, nor is
Executive subject to any law, court order, or regulation that purports to require that assignment. Further, Executive represents and warrants that Executive is not presently under any agreement that will prevent Executive from performing
Executive’s duties for Company, and is not in breach of any agreement with respect to any confidential information, including trade secrets, owned by any other Person. Executive will not disclose to Company any protected confidential
information, including trade secrets, of any other Person. 
 14. Remedies. Executive acknowledges that the covenants contained in
Sections 5 through 13, inclusive, of this Agreement are of the essence of this Agreement, that each of those covenants is reasonable and necessary to protect the business, interests, and properties of Company, and that Company will suffer
irreparable loss and damage if Executive breaches any of those covenants. Therefore, in addition to all other remedies provided by law, Company will be entitled to seek equitable relief in connection with any breach or contemplated breach of any of
those covenants referred to above. With respect to misappropriation of a “trade secret” as that term is defined under applicable law, Company’s remedies under this Agreement will be in addition to all other remedies provided by law or
in equity. The existence of any claim that Executive may have against Company will not constitute a defense to the enforcement by Company of the covenants contained in this Agreement. Executive acknowledges that Executive’s breach of this
Agreement may result in an immediate termination of Executive’s employment. 
 15. Notices. A Party providing notice
under this Agreement will provide that notice to the other Party in writing, addressed to the other Party at its address set forth on the Signature Page to this Agreement. Notices to Company will be addressed to the attention of the Chief Executive
Officer; provided, however, that if Executive is the Chief Executive Officer, notices will be

 
addressed to the attention of the Chairman of the Board. A notice provided under this Agreement will be deemed given upon receipt, if hand delivered in person or delivered by courier, or
three (3) days after deposit in the U.S. mail, postage prepaid. Either Party may change its address for receipt of notices by providing notice in accordance with this Section 15. 
 16. Miscellaneous. 
 16.1 Applicable Law. This Agreement will be
governed by and construed in accordance with the laws of the State of Georgia without reference to its conflict of laws rules. 

16.2 Dispute Resolution. Exclusive venue for any dispute arising under or in connection with this Agreement will be in the
Federal District Court for the Northern District of Georgia or the Superior Court of Fulton County, Georgia. By this Agreement, each Party expressly agrees that those courts will have personal jurisdiction and venue with respect to that Party, and
each Party submits to the personal jurisdiction and venue of those courts and waives any objection based on inconvenient forum. 
 16.3 Entire Agreement. This Agreement constitutes the final, full, and exclusive expression of the Parties’ agreement with respect to: (i) Executive’s position, responsibilities, and
at-will status, compensation, prospective termination of employment, and severance, (ii) Inventions, (iii) Works, (iv) customer non-solicitation, (v) employee non-solicitation, (vi) non-competition, (vii) Confidential
Information, (viii) and agreements between Executive and Persons other than Company, and this Agreement supersedes all prior agreements, understandings, writings, proposals, representations, and communications, oral or written, with respect to
that subject matter, including any prior Executive Employment Agreement, Severance and Non-Competition Agreement, or similar agreement between the Parties; provided, however, that any such prior Executive Employment Agreement or Non-Competition
Agreement, or similar prior agreement, letter, or other document, will remain in effect to the limited extent necessary to enable either Party to pursue remedies against the other Party for a breach by the other Party prior to the Effective Date of
the terms of that prior agreement, letter, or other document. This Agreement does not supersede Company rules, regulations, and policies, including those contained in Company’s employee handbook and other Company documents provided by Company
to Executive from time to time, except to the extent inconsistent with this Agreement. 
 16.4 Invalidity of Provisions.
The provisions of this Agreement are severable. If for any reason a court finds that any provision in this Agreement is unenforceable in whole or in part, including if a court finds that a restrictive covenant set forth in any of Sections 8 through
11, inclusive, does not comply with applicable law in terms of the geographic area, duration, or scope of the covenant, then the court will modify that provision to the extent necessary to render the provision enforceable while, to the extent
possible, preserving the original intent of the Parties, and the remaining provisions will continue in full force and effect without being impaired or invalidated in any way.

 

  
 A-7

 16.5 Amendments; Waiver. This Agreement may be amended or modified, in whole or in
part, only by a written amendment signed by Executive and, on behalf of Company, by an officer of Company acting with specific authorization and approval of the Board or the Committee, and no term of this Agreement may be waived except in a written
wavier signed by the Party waiving the benefit of that term (and in the case of Company, with the specific authorization of the Board or the Committee). No failure on the part of either Party to exercise any right will operate as a continuing waiver
of that right or a waiver of that Party’s right to exercise the same, a similar, or any other right in the future. 
 16.6
Assignment; Binding Effect. Neither Party has the right to assign its rights or delegate its duties under this Agreement; provided, however, that Company has the right to assign its rights and delegate its duties under this Agreement to a
Person or Persons that purchase all or substantially all of the assets or stock of Company. Any attempt to assign or delegate in violation of the foregoing restrictions will be null and void. This Agreement will binding upon, inure to the benefit
of, and be enforceable by the Parties and their respective heirs, legal representatives, successors, and permitted assignees. 

16.7 Headings; Personal Pronouns. The section headings in this Agreement are for reference purposes only and are not intended in
any way to describe, interpret, define, or limit the extent or intent of all or any portion of this Agreement. Plural personal pronouns such as “they” and “their” sometimes are used in this Agreement as substitutes for singular
personal pronouns in order to avoid having to use gender specific personal pronouns such as “he” or “his” or “she” or her.” 

 

 16.8 Counterparts. This Agreement may be executed in counterparts, each of which
will be deemed an original and both of which together will constitute one and the same instrument. 
 16.9 Representation of
Authority. The official executing this Agreement on behalf of Company represents and warrants that they have the requisite authority to do so and fully bind Company. 
 16.10 Employee At-Will. Except to the extent that Executive has a separate written agreement with Company establishing or confirming that Executive is not an at-will employee, Executive is an
at-will employee, whose employment with Company may be terminated with or without Cause, for any reason or no reason, by either Party, but subject to any notice requirements and post-termination obligations of the Parties provided for in this
Agreement. 
 16.11 Legal Fees and Expenses. Each Party will be responsible for its or their own costs, fees, and
expenses, including attorney’s fees and expenses, in connection with any dispute arising out of the subject matter of this Agreement; provided, however, that if Executive’s employment is terminated after a Change of Control (i) by
Company without Cause or (ii) by Executive as a result of a Constructive Termination, Executive will be entitled to recover from Company their reasonable attorneys’ fees and expenses incurred in connection with any dispute relating to
Executive’s enforcement of their rights related to that termination to the extent that Executive prevails in a material manner with respect to that dispute.

 

  

  
 A-8

 INITIAL SALARIES AND TARGET BONUS OPPORTUNITIES 

FOR NAMED EXECUTIVE OFFICERS 
  

									
	 Name
	  	Base
Salary	 	  	Target
Bonus	 
	 Eddie Capel
	  	$	475,000	  	  	$	475,000	  
	 Dennis B. Story
	  	$	360,000	  	  	$	250,000	  
	 Jeffrey S. Mitchell
	  	$	370,000	  	  	$	375,000	  
	 Bruce S. Richards
	  	$	283,000	  	  	$	160,000

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