Document:

Exhibit 10.1

      

      

      

      

      
        

       

      

       

      

      STOCKHOLDERS’ AGREEMENT

      

      

      of

      

      

      HOME POINT CAPITAL INC.

      

      

      Dated as of February 2, 2021

       

      

      
        
 

      

      

      
        
          

      

      
      

      

      TABLE OF CONTENTS

      

      

      	 	 	
              Page

            
	 	 	 
	
              Article I Definitions

            	
              1

            
	 	 	 
	
              SECTION 1.1.

            	
              Definitions

            	
              1

            
	
              SECTION 1.2.

            	
              Construction

            	
              4

              

            
	 	 	 
	
              Article II Corporate Governance

            	
              4

            
	 	 	 
	
              SECTION 2.1.

            	
              Board of Directors

            	
              4

            
	
              SECTION 2.2.

            	
              Committees

            	
              6

            
	
              SECTION 2.3.

            	
              Consent Rights

            	
              6

            
	
              SECTION 2.4.

            	
              Controlled Company.

            	
              7

            
	
              SECTION 2.5.

            	
              Permitted Disclosure

            	
              7

            
	 	 	 
	
              Article III   Information

            	
              7

            
	 	 	 
	
              SECTION 3.1.

            	
              Books and Records; Access; Certain Reports

            	
              7

            
	 	 	 
	
              Article IV Miscellaneous

            	
              8

            
	 	 	 
	
              SECTION 4.1.

            	
              Termination

            	
              8

            
	
              SECTION 4.2.

            	
              Indemnification.

            	
              8

            
	
              SECTION 4.3.

            	
              Amendments and Waivers

            	
              9

            
	
              SECTION 4.4.

            	
              Successors, Assigns and Transferees

            	
              9

            
	
              SECTION 4.5.

            	
              Third Parties

            	
              9

            
	
              SECTION 4.6.

            	
              Notices

            	
              9

            
	
              SECTION 4.7.

            	
              Further Assurances

            	
              10

            
	
              SECTION 4.8.

            	
              Entire Agreement

            	
              10

            
	
              SECTION 4.9.

            	
              Restrictions on Other Agreements; Bylaws.

            	
              10

            
	
              SECTION 4.10.

            	
              Delays or Omissions

            	
              10

            
	
              SECTION 4.11.

            	
              Governing Law; Jurisdiction; Waiver of Jury Trial

            	
              11

            
	
              SECTION 4.12.

            	
              Severability

            	
              11

            
	
              SECTION 4.13.

            	
              Enforcement

            	
              11

            
	
              SECTION 4.14.

            	
              Titles and Subtitles

            	
              11

            
	
              SECTION 4.15.

            	
              No Recourse

            	
              12

            
	
              SECTION 4.16.

            	
              Counterparts; Facsimile Signatures

            	
              12

            
	
              SECTION 4.17.

            	
              Effectiveness

            	
              12

            

      

      

      Exhibits

      

      

      Exhibit A — Assignment and Assumption Agreement

      

      

      
        i

        
          

      

      
      

      

      STOCKHOLDERS’ AGREEMENT

      

      

      OF

      

      

      HOME POINT CAPITAL INC.

      

      

      This STOCKHOLDERS’ AGREEMENT (as the same may be amended from time to time in accordance with its terms, this “Agreement”) is entered into as of February 2, 2021, by and among Home Point Capital Inc., a Delaware corporation (the “Company”), and each of the stockholders of the Company whose name appears on the signature pages hereto (each, a “Stockholder”
        and collectively, the “Stockholders”).

      

      

      RECITALS

      

      

      WHEREAS, the Company is currently contemplating an underwritten initial public offering (the “IPO”) of shares of its Common Stock (as defined below);

      

      

      WHEREAS, in connection with the IPO, Home Point Capital LP (the “Partnership”) will merge with and into the Company, with the Company as the surviving entity (the “Merger”), upon which holders of
        limited partnership interests in the Partnership will receive shares of Common Stock in respect of their partnership units in the Partnership;

      

      

      WHEREAS, Section 9.8 of the Amended and Restated Agreement of Limited Partnership of Home Point Capital LP, dated as of March 31, 2015
        (the “LPA”), provides that upon the determination by Home Point Capital GP LLC (the “GP”) to effectuate an IPO, the GP shall take such actions as necessary to structure such IPO in a manner reasonably determined by the GP, so long as each Partner (as defined in the LPA) and Option (as defined in the LPA)
        holder receives exchanged interests in the securities of the Company;

      

      

      WHEREAS, the GP has determined that the IPO of the Company complies with the requirements of Section 9.8 of the LPA; and

      

      

      WHEREAS, in connection with, and effective upon, the date of completion of the IPO (the “Closing Date”), the parties hereto desire to enter into this Agreement to govern certain of their rights, duties and obligations with respect to their ownership of Common Stock after consummation of
        the IPO.

      

      

      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:

      

      

      ARTICLE I

      

      

      DEFINITIONS

      

      

      SECTION 1.1.          Definitions. Capitalized terms used herein shall have the following meanings:

      

      

      “Affiliate” shall mean, (i) with respect to
        any Person (other than the Stone Point Investor), an “affiliate” as defined in Rule 405 of the regulations promulgated under the Securities Act, and (ii) with respect to the Stone Point Investor, an “affiliate” as defined in Rule 405 of the
        regulations promulgated under the Securities Act and any investment fund, vehicle or holding company of which the Stone Point Investor or an Affiliate of the Stone Point Investor serves as the general partner, managing member or discretionary
        manager or advisor; provided, however, that notwithstanding the
        foregoing, except as used in Section 4.2, an Affiliate of the Stone Point Investor shall not include any Portfolio Company or other investment of the Stone
        Point Investor.

      

      

      
        1

        
          

      

      

      

      “Agreement” shall have the meaning set
        forth in the Preamble.

      

      

      “beneficial owner” or “beneficially own” shall have the meaning set forth in Rule 13d-3 under the Exchange Act; provided, however, that no Stockholder shall be deemed to beneficially own any securities of the Company held by any other
        Stockholder solely by virtue of the provisions of this Agreement (other than this definition which shall be deemed to be read for this purpose without the proviso hereto).

      

      

      “Board” shall mean the board of directors
        of the Company.

      

      

      “Business Day” shall mean any day that is
        not a Saturday, a Sunday or other day on which banks are required or authorized by Law to be closed in the City of New York.

      

      

      “Bylaws” shall mean the Amended and
        Restated Bylaws of the Company, as in effect on the date hereof and as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, the terms of the Charter and the terms of this Agreement.

      

      

      “Change in Control” shall mean any
        transaction or series of related transactions (whether by merger, consolidation, recapitalization, liquidation or sale or transfer of Common Stock or assets (including equity securities of the Subsidiaries) or otherwise) as a result of which any
        Person or group, within the meaning of Section 13(d)(3) of the Exchange Act (other than (x) the Stone Point Investor and its Affiliates, any group of which the foregoing are members and any other members of such a group and (y) an employee benefit
        plan (or trust forming a part thereof) maintained by the Company or its controlled Affiliates), obtains ownership, directly or indirectly, of (i) Common Stock that represent more than 50% of the total voting power of the outstanding capital stock
        of the Company or applicable successor entity or (ii) all or substantially all of the assets of the Company and its Subsidiaries on a consolidated basis. For purposes of this definition, the term “Affiliates” shall include Portfolio Companies.

      

      

      “Charter” shall mean the Amended and
        Restated Certificate of Incorporation of the Company, as in effect on the date hereof and as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof and the terms of this Agreement.

      

      

      “Closing Date” shall have the meaning set
        forth in the Recitals.

      

      

      “Common Stock” shall mean the common stock,
        par value $0.0000000072 per share, of the Company and any securities issued in respect thereof, or in substitution therefor, in connection with any stock split, dividend or combination, or any reclassification, recapitalization, merger,
        consolidation, exchange or other similar reorganization.

      

      

      “Company” shall have the meaning set forth
        in the Preamble.

      

      

      “control” (including the terms “controlling”, “controlled by” and “under common control with”), with respect to the relationship between or among two or more Persons, shall mean the possession, directly or indirectly, of the power to direct or cause
        the direction of the affairs or management of a Person, whether through the ownership of voting securities, as trustee or executor, by contract or otherwise.

      

      

      “Director” shall mean any member of the
        Board.

      

      

      “Equity Securities” shall mean any and all
        shares of (i) Common Stock, (ii) preferred stock of the Company, and (iii) any equity securities (including, without limitation, preferred stock) of the Company convertible into, or exchangeable or exercisable for, any of the foregoing shares, and
        options, warrants or other rights to acquire any of the foregoing shares or other securities. In the event any direct or indirect Subsidiary of the Company issues directly to any Stockholder any common stock of such Subsidiary or any equity
        securities of the type described in clauses (ii) and (iii), the term “Equity Securities” shall also include the common stock and equity securities of the type described in clauses (ii) and (iii) of such Subsidiary.

      

      

      
        2

        
          

      

      

      

      “Exchange Act” shall mean the Securities
        Exchange Act of 1934, as amended from time to time, and the rules and regulations promulgated pursuant thereto.

      

      

       “Governmental Authority” shall mean any:
        (i) nation, state, commonwealth, province, territory, county, municipality, district or other jurisdiction of any nature; (ii) U.S. and other federal, state, local, municipal, foreign or other government; or (iii) governmental or quasi-governmental
        authority of any nature (including any governmental division, department, agency, commission, instrumentality, official, organization, unit, body or entity and any court or other tribunal).

      

      

      “GP” shall have the meaning set forth in
        the Recitals.

      

      

      “IPO” shall have the meaning set forth in
        the Recitals.

      

      

      “Law” shall mean any applicable constitutional provision, statute, act, code, law, regulation, rule, ordinance, order, decree,
          ruling, proclamation, resolution, judgment, decision, declaration, or interpretative or advisory opinion or letter of a Governmental Authority.

      

      

      “LPA” shall have the meaning set forth in the Recitals.

      

      

      “Permitted Transferee” shall mean, with respect to the Stone Point Investor, any Transferee that is an Affiliate of the Stone Point Investor; provided, however, that such Permitted Transferee shall agree in writing in the form attached as Exhibit
            A hereto to be bound by, become a Stockholder under and to comply with all applicable provisions of this Agreement.

      

      

      “Person” shall mean any individual,
        corporation, partnership, trust, joint stock company, business trust, unincorporated association, joint venture or other entity of any nature whatsoever.

      

      

      “Portfolio Company” shall mean, with respect to any Person, a “portfolio company” (as such term is customarily used among
          institutional investors), or any entity controlled by any “portfolio company”, of such Person or one of its Affiliates.

      

      

      “Registration Rights Agreement” shall mean
        the Registration Rights Agreement, dated the date hereof and as the same may be amended from time to time in accordance with its terms, among the Company, the Stone Point Investor, and each of the other stockholders party thereto.

      

      

      “Repurchase” shall have the meaning set
        forth in Section 2.3(f).

      

      

      “Securities Act” shall mean the Securities
        Act of 1933, as amended from time to time, and the rules and regulations promulgated pursuant thereto.

      

      

      “Stock Exchange” shall mean The NASDAQ
        Global Select Market or such other securities exchange or interdealer quotation system on which shares of Common Stock are then listed or quoted.

      

      

      “Stockholder” shall have the meaning set
        forth in the Preamble.

      

      

      “Stone Point Designee(s)” shall mean any
        Director designated by the Stone Point Investor pursuant to Section 2.1(a) of this Agreement.

      

      

      “Stone Point Investor” shall mean,
        collectively, Trident VI, L.P., Trident VI Parallel Fund, L.P., Trident VI DE Parallel Fund, L.P. and Trident VI Professionals Fund, L.P., and their Permitted Transferees.

      

      

      
        3

        
          

      

      

      

      “Subsidiary” shall mean, with respect to an
        entity, (i) any corporation of which a majority of the securities entitled to vote generally in the election of directors thereof, at the time as of which any determination is being made, are owned by such entity, either directly or indirectly, and
        (ii) any joint venture, general or limited partnership, limited liability company or other legal entity in which the entity is the record or beneficial owner, directly or indirectly, of a majority of the voting interests or the general partner.

      

      

      “Total Number of Directors” shall mean, at
        any time of determination, the total number of Directors comprising the Board.

      

      

      “Transfer” shall mean, directly or
        indirectly, to sell, transfer, assign, encumber, hypothecate or similarly dispose of, either voluntarily or involuntarily, or to enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, assignment,
        encumbrance, hypothecation or similar disposition of, any shares of Equity Securities beneficially owned by a Person or any interest in any shares of Equity Securities beneficially owned by a Person.  In the event that any Stone Point Investor that
        is a corporation, partnership, limited liability company or other legal entity (other than an individual, trust or estate) ceases to be controlled by the Person controlling the Stone Point Investor or a Permitted Transferee thereof, such event
        shall be deemed to constitute a “Transfer” subject to the restrictions on Transfer contained or referenced herein.

      

      

      “Transferee” shall mean any Person to whom
        any Stockholder or any Transferee thereof Transfers Equity Securities of the Company in accordance with the terms hereof.

      

      

      “Voting Securities” shall mean, at any time
        of determination, shares of any class of Equity Securities of the Company that are then entitled to vote generally in the election of Directors.

      

      

      SECTION 1.2.          Construction. Whenever the context requires, the gender of all words used in this Agreement includes the masculine, feminine and neuter forms and
          the singular form of words shall include the plural and vice versa. All references to Articles and Sections refer to articles and sections of this Agreement. Whenever the words “include,” “includes” or “including” are used in this Agreement, they
          shall be deemed to be followed by the words “without limitation.” This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting or causing any instrument to be
          drafted. Any percentage set forth herein shall be deemed to be automatically adjusted without any action on the part of any party hereto to take into account any stock split, stock dividend or similar transaction occurring after the date of this
          Agreement so that the rights provided to the Stockholders shall continue to apply to the same extent such rights would have applied absent such stock split, stock dividend or similar transaction.

      

      

      ARTICLE II

      

      

      CORPORATE GOVERNANCE

      

      

      SECTION 2.1.          Board of Directors.

      

      

      (a)          Following
          the Closing Date, the Stone Point Investor shall have the right, but not the obligation, to nominate to the Board a number of designees equal to at least: (i) a majority of the Total Number of Directors, so long as the Stone Point Investor and
          its Affiliates collectively beneficially own 50% or more of the outstanding shares of Common Stock; (ii) 40% of the Total Number of Directors, in the event that the Stone Point Investor and its Affiliates collectively beneficially own 40% or
          more, but less than 50%, of the outstanding shares of Common Stock; (iii) 30% of the Total Number of Directors, in the event that the Stone Point Investor and its Affiliates collectively beneficially own 30% or more, but less than 40%, of the
          outstanding shares of Common Stock; (iv) 20% of the Total Number of Directors, in the event that the Stone Point Investor and its Affiliates collectively beneficially own 20% or more, but less than 30%, of the outstanding shares of Common Stock;
          and (v) 10% of the Total Number of Directors, in the event that the Stone Point Investor and its Affiliates collectively beneficially own 5% or more, but less than 20%, of the outstanding shares of Common Stock. For purposes of calculating the
          number of Directors that the Stone Point Investor is entitled to designate pursuant to the immediately preceding sentence, any fractional amounts shall automatically be rounded up to the nearest whole number (e.g., one and one quarter (1 and 1/4)
          Directors shall equate to two (2) Directors), and any such calculations shall be made after taking into account any increase in the Total Number of Directors.

      
        4

        
          

      

      

      

      (b)          Effective
          as of the Closing Date, the Stone Point Designees shall initially be Agha S. Khan, Stephen A. Levey and Eric L. Rosenzweig.

      

      

      (c)          The
          Company agrees, to the fullest extent permitted by applicable Law (including with respect to fiduciary duties under Delaware law), to include the individuals designated pursuant to this Section 2.1 in the slate of nominees recommended by the Board for election at any meeting of stockholders called for the purpose of electing Directors and to use its best efforts to cause the election of
          each such designee to the Board, including nominating each such individual to be elected as a Director as provided herein, recommending such individual’s election and soliciting proxies or consents in favor thereof.

      

      

      (d)          In the
          event that the Stone Point Investor has nominated less than the total number of designees that it shall be entitled to nominate pursuant to Section 2.1(a),
          then the Stone Point Investor shall have the right, at any time, to nominate such additional designee(s) to which it is entitled, in which case, the Company and the Directors shall take all necessary corporate action, to the fullest extent
          permitted by applicable Law (including with respect to fiduciary duties under Delaware law), to (x) enable the Stone Point Investor to nominate and effect the election or appointment of such additional individuals, whether by increasing the size
          of the Board or otherwise, and (y) designate such additional individuals nominated by the Stone Point Investor to fill such newly created vacancies or to fill any other existing vacancies.

      

      

      (e)          In the
          event that a vacancy is created at any time by the death, disability, retirement, resignation or removal (with or without cause) of any Director designated by the Stone Point Investor pursuant to this Section 2.1, the remaining Directors and the Company shall, to the fullest extent permitted by applicable Law (including with respect to fiduciary duties under Delaware law), cause the vacancy
          created thereby to be filled by a new designee of the Stone Point Investor as soon as possible, and the Company hereby agrees to take, to the fullest extent permitted by applicable Law (including with respect to fiduciary duties under Delaware
          law), at any time and from time to time, all actions necessary to accomplish the same.

      

      

      (f)          In the
          event that the Stone Point Investor shall cease to have the right to designate a Director pursuant to this Section 2.1, the designee of the Stone Point
          Investor selected by the Stone Point Investor shall (i) at the request of a majority of the Directors then in office or the Chairman of the Board resign immediately or the Stone Point Investor shall take all action necessary to remove such
          designee or (ii) if no such request is made, continue to serve until his or her term expires at the next annual meeting of stockholders of the Company. In the event such designee resigns or is removed at the request of a majority of the Directors
          then in office or the Chairman of the Board, the Directors remaining in office shall be entitled to decrease the size of the Board to eliminate such vacancy and no consent under Section 2.3 shall be required in connection with such decrease.

      

      

      (g)          The
          Stone Point Investor shall have the right to representation on the board of directors or other similar governing body (or any committee thereof) of any Subsidiary of the Company in proportion to its representation on the Board.

      

      

      (h)          The
          Company shall reimburse each Stone Point Designee for reasonable out-of-pocket expenses incurred by such person in connection with performing such person’s duties as a member of the Board (or any committee thereof), including the reasonable
          out-of-pocket expenses incurred by such person for attending meetings of the Board (or any committee thereof), or in connection with such person’s service on the board or other similar governing body of any Subsidiary of the Company (or any
          committee thereof).

      

      

      (i)          The
          rights of the Stockholders pursuant to this Section 2.1 are personal to the Stockholders and shall not be exercised by any Transferee other than a
          Permitted Transferee.

      

      

      
        5

        
          

      

      

      

      SECTION 2.2.          Committees.  For so long as the Stone Point Investor has the
          right to designate at least one (1) Director pursuant to Section 2.1, the Stone Point Investor shall have the right, but not the obligation, to designate one member of each committee of the Board; provided that the right of any Director to serve
          on a committee shall be subject to applicable Law and the Company’s obligation to comply with any applicable independence requirements of the Stock Exchange.

      

      

      SECTION 2.3.          Consent Rights.  For so long as the Stone Point Investor and
          its Affiliates collectively beneficially own at least 25% of the outstanding shares of Common Stock, the following actions by the Company or any of its Subsidiaries shall require the approval, in addition to any approval by the stockholders of
          the Company or the Board’s approval (or the approval of the required governing body of any Subsidiary of the Company), of the Stone Point Investor:

      

      

      (a)          entering
          into or effecting a Change in Control;

      

      

      (b)          entering
          into any agreement providing for the acquisition or divestiture of assets or equity securities of any Person, in each case providing for aggregate consideration in excess of $100 million, other than such agreements entered into in the ordinary
          course of business;

      

      

      (c)          entering
          into any joint venture or similar business alliance having a fair market value as of the date of formation thereof (as reasonably determined by the Board) in excess of $100 million;

      

      

      (d)          initiating
          a voluntary liquidation, dissolution, receivership, bankruptcy or other insolvency proceeding involving the Company or any Subsidiary of the Company that is a “significant subsidiary” as defined in Rule 1-02 of Regulation S-X under the Exchange
          Act;

      

      

      (e)          any
          material change in the nature of the business of the Company and its Subsidiaries, taken as a whole;

      

      

      (f)          the
          incurrence of indebtedness for borrowed money (including through the issuance of debt securities or the guarantee of indebtedness of another Person) in an aggregate principal amount in excess of $100 million in any transaction or series of
          related transactions, other than borrowings under any mortgage warehouse funding facilities or other lines of credit in the ordinary course of business or consistent with past practice or industry practice;

      

      

      (g)          terminating
          the employment of the Chief Executive Officer of the Company or any Subsidiary thereof or hiring a new Chief Executive Officer of the Company or any Subsidiary thereof; and

      

      

      (h)          subject
          to Section 2.1, any increase or decrease in the size or composition of the Board, committees of the Board, and boards and committees of Subsidiaries of
          the Company.

      

      

      
        6

        
          

      

      

      

      SECTION 2.4.          Controlled Company.

      

      

      (a)          Each of
          the entities who fall under the definition of “Stone Point Investor” acknowledge and agree that, (i) by virtue of this Article II, they are acting as a “group” within the meaning of the Stock Exchange rules as of the date hereof, and (ii) by
          virtue of the combined voting power of Common Stock held by them representing more than 50% of the total voting power of the Common Stock outstanding as of the Closing Date, the Company qualifies as a “controlled company” within the meaning of
          Stock Exchange rules as of the Closing Date.

      

      

      (b)          So long
          as the Company qualifies as a “controlled company” for purposes of Stock Exchange rules, the Company will elect to be a “controlled company” for purposes of Stock Exchange rules and will disclose in its annual meeting proxy statement that it is a
          “controlled company” and the basis for that determination. If the Company ceases to qualify as a “controlled company” for purposes of Stock Exchange rules, the Stone Point Investor and the Company will take whatever action may be reasonably
          necessary in relation to such party, if any, to cause the Company to comply with Stock Exchange rules as then in effect within the timeframe for compliance available under such rules.

      

      

      SECTION 2.5.          Permitted Disclosure.  Each Stone Point Designee is permitted to disclose to the Stone Point Investor information about the Company and its
          Affiliates that such person receives as a result of being a Director, subject to such person’s fiduciary duties under Delaware law.

      

      

      ARTICLE III

      

      

      INFORMATION

      

      

      SECTION 3.1.          Books and Records; Access; Certain Reports.

      

      

      (a)          The Company shall, and shall cause its Subsidiaries to, keep proper books, records and accounts, in which full and correct entries shall be made of all financial
            transactions and the assets and business of the Company and each of its Subsidiaries in accordance with generally accepted accounting principles. For so long as the Stone Point Investor has the right to designate at least one (1)
          Director pursuant to Section 2.1, the Company shall, and shall cause its
            Subsidiaries to, permit the Stone Point Investor and its designated representatives, at reasonable times and upon reasonable prior notice to the Company, to
            review the books and records of the Company or any of such Subsidiaries and to discuss the affairs, finances and condition of the Company or any of such Subsidiaries with the officers of the Company or any such Subsidiary; provided, however, that the Company shall not be required to disclose any privileged information of the Company or any Subsidiary so long as the
            Company has used its best efforts to provide such information to the Stone Point Investor, without the loss of any such privilege, and notified the Stone
          Point Investor that such information has not been provided.

      

      

      (b)          So long
          as the Stone Point Investor has the right to designate at least one (1) Director pursuant to Section 2.1, the Company shall deliver or cause to be
          delivered to the Stone Point Investor at its request:

      

      

      (i)          to the extent otherwise prepared by the Company, operating and capital expenditure budgets and periodic information packages relating to the operations and cash flows of the Company and its Subsidiaries; and

      

      

      (ii)          such other reports and information as may be reasonably requested by the Stone Point Investor;

      

      

      provided, however, that the Company shall not be required to disclose any privileged information of the Company so long as the Company has used its best efforts to provide such information to the Stone Point Investor, without the loss of any such privilege, and notified the Stone Point Investor that such information has not been provided.

      

      

      
        7

        
          

      

      

      

      ARTICLE IV

      

      

      MISCELLANEOUS

      

      

      SECTION 4.1.          Termination. Subject to the early termination of any provision as a
            result of an amendment to this Agreement agreed to by the Board and the Stockholders as provided under Section 4.3, (i) the provisions of Article II shall, with respect to each Stockholder, terminate as provided in the applicable Section of
            Article II, (ii) the provisions of Article III shall, with respect to each Stockholder, terminate as provided in the applicable Section of Article III, and (iii) this Article IV shall not terminate. Nothing herein shall relieve any party from
            any liability for the breach of any of the agreements set forth in this Agreement.

      

      

      SECTION 4.2.          Indemnification.

      

      

      (a)          The
          Company agrees to indemnify and hold harmless each Stockholder and its respective directors, officers, partners, members, direct and indirect owners, managers, Affiliates and controlling persons (each, a “Stockholder Indemnitee”) from and against any and all liability, including, without limitation, all obligations, costs, fines, claims, actions, injuries, demands, suits, judgments,
          proceedings, investigations, arbitrations (including stockholder claims, actions, injuries, demands, suits, judgments, proceedings, investigations or arbitrations) and reasonable expenses, including reasonable accountant’s and reasonable
          attorney’s fees and expenses (together, the “Losses”), incurred by such Stockholder Indemnitee before or after the date of this Agreement to the extent
          arising out of, resulting from, or relating to (i) such Stockholder Indemnitee’s purchase and/or ownership of any Equity Securities or (ii) any litigation to which any Stockholder Indemnitee is made a party in its capacity as a stockholder or
          owner of securities (or as a director, officer, partner, member, manager, Affiliate or controlling person of any Stockholder) of the Company; provided
          that the foregoing indemnification rights in this Section 4.2 shall not be available to the extent that (a) any such Losses are incurred as a result of
          such Stockholder Indemnitee’s willful misconduct or gross negligence; (b) any such Losses are incurred as a result of non-compliance by such Stockholder Indemnitee with any laws or regulations applicable to any of them; or (c) subject to the
          rights of contribution provided for below, indemnification for any Losses would violate any applicable Law or public policy. For purposes of this Section 4.2,
          none of the circumstances described in the limitations contained in the proviso in the immediately preceding sentence shall be deemed to apply absent a final non‐appealable judgment of a court of competent jurisdiction to such effect, in which
          case to the extent any such limitation is so determined to apply to any Stockholder Indemnitee as to any previously advanced indemnity payments made by the Company under this Section 4.2, then such payments shall be promptly repaid by such Stockholder Indemnitee to the Company. The rights of any Stockholder Indemnitee to indemnification hereunder will be in addition to any other rights any such
          party may have under any other agreement or instrument to which such Stockholder Indemnitee is or becomes a party or is or otherwise becomes a beneficiary or under law or regulation. In the event of any payment of indemnification pursuant to this
          Section 4.2, to the extent that any Stockholder Indemnitee is indemnified for Losses, the Company will be subrogated to the extent of such payment to all
          of the related rights of recovery of the Stockholder Indemnitee to which such payment is made against all other Persons. Such Stockholder Indemnitee shall execute all papers reasonably required to evidence such rights. The Company will be
          entitled at its election to participate in the defense of any third party claim upon which indemnification is due pursuant to this Section 4.2 or to
          assume the defense thereof, with counsel reasonably satisfactory to such Stockholder Indemnitee unless, in the reasonable judgment of the Stockholder Indemnitee, a conflict of interest between the Company and such Stockholder Indemnitee may
          exist, in which case such Stockholder Indemnitee shall have the right to assume its own defense and the Company shall be liable for all reasonable expenses therefor. Except as set forth above, should the Company assume such defense all further
          defense costs of the Stockholder Indemnitee in respect of such third party claim shall be for the sole account of such party and not subject to indemnification hereunder. The Company will not without the prior written consent of the Stockholder
          Indemnitee (which consent shall not be unreasonably withheld) effect any settlement of any threatened or pending third party claim in which such Stockholder Indemnitee is or could have been a party and be entitled to indemnification hereunder
          unless such settlement solely involves the payment of money and includes an unconditional release of such Stockholder Indemnitee from all liability and claims that are the subject matter of such claim. If the indemnification provided for above is
          unavailable in respect of any Losses, then the Company, in lieu of indemnifying a Stockholder Indemnitee, shall, if and to the extent permitted by Law, contribute to the amount paid or payable by such Stockholder Indemnitee in such proportion as
          is appropriate to reflect the relative fault of the Company and such Stockholder Indemnitee in connection with the actions which resulted in such Losses, as well as any other equitable considerations.

      

      

      
        8

        
          

      

      

      

      (b)          The
          Company agrees to pay or reimburse (i) the Stockholders for (A) all reasonable costs and expenses (including reasonable attorneys’ fees, charges, disbursement and expenses) incurred in connection with any amendment, supplement, modification or
          waiver of or to any of the terms or provisions of this Agreement or any related agreements and (B) in connection with any stamp, transfer, documentary or other similar taxes, assessments or charges levied by any governmental or revenue authority
          in respect of this Agreement or any related agreements; and (ii) each Stockholder for all costs and expenses of such Stockholder (including reasonable attorneys’ fees, charges, disbursement and expenses) incurred in connection with (1) the
          consent to any departure by the Company or any of its Subsidiaries from the terms of any provision of this Agreement or any related agreements and (2) the enforcement or exercise by such Stockholder of any right granted to it or provided for
          hereunder.

      

      

      SECTION 4.3.          Amendments and Waivers. Except as otherwise provided herein, no
            modification, amendment, restatement, amendment and restatement, or waiver of any provision of this Agreement shall be effective without the approval of the Board and the Stone Point Investor; provided, however, that any Stockholder may waive (in writing) the benefit of any provision of this Agreement with respect to itself for any purpose; provided, further, that any such modification, amendment,
            restatement, amendment and restatement or waiver that would disproportionately and adversely affect the rights of any Stockholder hereunder (in its capacity as a Stockholder) without similarly affecting the rights hereunder of all Stockholders
            (in their capacities as Stockholders) having the same rights or obligations under this Agreement to which such modification, amendment, restatement, amendment and restatement or waiver relates, as the case may be, shall not be effective as to
            such Stockholder without such Stockholder’s prior written consent. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of such
            party thereafter to enforce each and every provision of this Agreement in accordance with its terms. Any written amendment, restatement, amendment and restatement, or waiver to this Agreement that receives the vote or consent of the
            Stockholders provided herein need not be signed by all Stockholders, but shall be effective in accordance with its terms and shall be binding upon all Stockholders and any Transferees.

      

      

      SECTION 4.4.          Successors, Assigns and Transferees.  This Agreement shall bind and inure to the benefit of and be enforceable by the parties hereto and their
          respective successors and permitted assigns. This Agreement may not be assigned without the express prior written consent of the other parties hereto, and any attempted assignment, without such consents, will be null and void; provided, however,
          that the Stone Point Investor shall be entitled to assign, in whole or in part, any of its rights hereunder to any of its Permitted Transferees without such prior written consent.

      

      

      SECTION 4.5.          Third Parties. Except as may otherwise be expressly provided in this Agreement, this Agreement does not create any rights, claims or benefits
          inuring to any person that is not a party hereto nor create or establish any third party beneficiary hereto.

      

      

      SECTION 4.6.          Notices. All notices and other communications required or permitted under this Agreement shall be in writing and shall be deemed effectively given:
          (a) when delivered personally by hand to the party to be notified (with written confirmation of receipt), (b) when sent by e-mail (with written confirmation of transmission), (c) when received or rejected by the addressee if sent by registered or
          certified mail, postage prepaid, return receipt requested, or (d) one Business Day following the day sent by reputable overnight courier (with written confirmation of receipt), in each case at the following addresses (or to such other address as
          a party may have specified by notice given to the other party pursuant to this provision):

      

      

      (i)          if to the Company, to:

      

      

      Home Point Capital Inc.

      2211 Old Earhart Road, Suite 250

      Ann Arbor, Michigan 48105

      Attention: Corporate Secretary

      
        9

        
          

      

      

      

      (ii)          if to the Stone Point Investor, to:

      

      

      Trident VI, L.P.

      Trident VI Parallel Fund, L.P.

      Trident VI DE Parallel Fund, L.P.

      Trident VI Professionals Fund, L.P.

      c/o Stone Point Capital LLC

      20 Horseneck Lane

      Greenwich, Connecticut 06830

      Attention: Stephen Levey

      

      

      SECTION 4.7.          Further Assurances.  At any time or from time to time after the date hereof, the parties agree to cooperate with each other, and at the request of
          any other party, to execute and deliver any further instruments or documents and to take all such further action as the other party may reasonably request in order to evidence or effectuate the consummation of the transactions contemplated hereby
          and to otherwise carry out the intent of the parties hereunder.

      

      

      SECTION 4.8.          Entire Agreement. This Agreement sets forth the entire understanding of the parties hereto with respect to the subject matter hereof. There are no
          agreements, representations, warranties, covenants or understandings with respect to the subject matter hereof or thereof other than those expressly set forth herein and therein. This Agreement supersedes all other prior agreements and
          understandings between the parties with respect to such subject matter.

      

      

      SECTION 4.9.          Restrictions on Other Agreements; Bylaws.

      

      

      (a)          Following
          the date hereof, no Stockholder or any of its Permitted Transferees shall enter into or agree to be bound by any stockholder agreements or arrangements of any kind with any Person with respect to any Equity Securities except pursuant to the
          agreements and arrangements existing on the date hereof, specifically contemplated herein or the Registration Rights Agreement.

      

      

      (b)          The
          provisions of this Agreement shall be controlling if any such provisions or the operation thereof conflict with the provisions of the Company’s Bylaws. Each of the parties covenants and agrees to vote their Equity Securities and to take any other
          action reasonably requested by the Company or any Stockholder to amend the Company’s Bylaws so as to avoid any conflict with the provisions hereof.

      

      

      SECTION 4.10.          Delays or Omissions. It is agreed that no delay or omission to
            exercise any right, power or remedy accruing to any party, upon any breach, default or noncompliance by another party under this Agreement, shall impair any such right, power or remedy, nor shall it be construed to be a waiver of any such
            breach, default or noncompliance, or any acquiescence therein, or of or in any similar breach, default or noncompliance thereafter occurring. It is further agreed that any waiver, permit, consent or approval of any kind or character on the part
            of any party hereto of any breach, default or noncompliance under this Agreement or any waiver on such party’s part of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set
            forth in such writing. All remedies, either under this Agreement, by law, or otherwise afforded to any party, shall be cumulative and not alternative.

      

      

      
        10

        
          

      

      

      

      SECTION 4.11.          Governing Law; Jurisdiction; Waiver of Jury Trial.

      

      

      (a)          This
          Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, applicable to contracts executed in and to be performed entirely within that State, without giving effect to principles or rules of
          conflict of laws.

      

      

      (b)          In any
          judicial proceeding involving any dispute, controversy or claim arising out of or relating to this Agreement, each of the parties unconditionally accepts the jurisdiction and venue of the Delaware Court of Chancery or, if the Delaware Court of
          Chancery does not have subject matter jurisdiction over this matter, the Superior Court of the State of Delaware (Complex Commercial Division) or, if jurisdiction over the matter is vested exclusively in federal courts, the United States District
          Court for the District of Delaware, and the appellate courts to which orders and judgments thereof may be appealed. In any such judicial proceeding, the parties agree that in addition to any method for the service of process permitted or required
          by such courts, to the fullest extent permitted by Law, service of process may be made by delivery provided pursuant to the directions in Section 4.6.

      

      

      (c)          EACH OF
          THE PARTIES HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

      

      

      SECTION 4.12.          Severability. Whenever possible, each provision of this Agreement
            shall 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 in any jurisdiction, such
            invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision
            had never been contained herein.

      

      

      SECTION 4.13.          Enforcement. Each party hereto acknowledges that money damages would
            not be an adequate remedy in the event that any of the covenants or agreements in this Agreement are not performed in accordance with its terms, and it is therefore agreed that in addition to and without limiting any other remedy or right it
            may have, the non-breaching party will have the right to an injunction, temporary restraining order or other equitable relief in any court of competent jurisdiction enjoining any such breach and enforcing specifically the terms and provisions
            hereof.

      

      

      SECTION 4.14.          Titles and Subtitles. The titles of the sections and subsections of
            this Agreement are for convenience of reference only and are not to be considered in construing this Agreement.

      

      

      
        11

        
          

      

      

      

      SECTION 4.15.          No Recourse. This Agreement may only be enforced against, and any claims or cause of action that may be based upon, arise out of or relate to this
          Agreement, or the negotiation, execution or performance of this Agreement, may be made only against the entities that are expressly identified as parties hereto, and no past, present or future Affiliate, director, officer, employee, incorporator,
          member, manager, partner, stockholder, agent, attorney or representative of any party hereto shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim based on, in respect of, or by reason of
          the transactions contemplated hereby.

      

      

      SECTION 4.16.          Counterparts; Electronic Signatures. This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument. The words “execution,” “signed,” “signature,” “delivery,” and words of
            like import in or relating to this Agreement or any document to be signed in connection with this Agreement shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the
            same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions
            contemplated hereunder by electronic means. Counterparts may be delivered via facsimile, electronic mail (including any electronic signature covered by the Electronic Signatures in Global and National Commerce Act of 2000, Uniform Electronic
            Transactions Act, the Electronic Signatures and Records Act or other applicable law (e.g., www.docusign.com)) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be legally
            valid, effective and enforceable for all purposes.

      

      

      SECTION 4.17.          Effectiveness. This Agreement shall become effective upon the Closing Date.

      

      

      [Remainder of Page Intentionally Left Blank; Signatures
          Follow]

      

      

      
        12

        
          

      

      

      

      IN WITNESS WHEREOF, the parties hereto have executed this Stockholders’ Agreement as of the date set forth in the first paragraph
        hereof.

      

      

      	 	
              HOME POINT CAPITAL INC.

            
	 	 	 
	 	
              By:

            	
              /s/ William A. Newman

            
	 	 	
              Name: William A. Newman

            
	 	 	
              Title: President and Chief Executive Officer

            

      

      

      

      

      [Signature Page to Home Point Capital Inc. Stockholders’ Agreement]

      

      
        
          

      

      

      

      	 	
              TRIDENT VI, L.P.

            
	 	 	 
	 	
              By: Trident Capital VI, L.P., its general partner

            
	 	 	 
	 	
              By: DW Trident VI, LLC, its general partner

            
	 	 	 
	 	
              By:

            	
              /s/ David Wermuth

            
	 	 	
              Name: David Wermuth

            
	 	 	
              Title: Member

            
	 	 	 
	 	
              TRIDENT VI PARALLEL FUND, L.P.

            
	 	 	 
	 	
              By: Trident Capital VI, L.P., its general partner

            
	 	 	 
	 	
              By: DW Trident VI, LLC, its general partner

            
	 	 	 
	 	
              By:

            	
              /s/ David Wermuth

            
	 	 	
              Name: David Wermuth

            
	 	 	
              Title: Member

            
	 	 	 
	 	
              TRIDENT VI DE PARALLEL FUND, L.P.

            
	 	 	 
	 	
              By: Trident Capital VI, L.P., its general partner

            
	 	 	 
	 	
              By: DW Trident VI, LLC, its general partner

            
	 	 	 
	 	
              By:

            	
              /s/ David Wermuth

            
	 	 	
              Name: David Wermuth

            
	 	 	
              Title: Member

            
	 	 	 
	 	
              TRIDENT VI PROFESSIONALS FUND, L.P.

            
	 	 	 
	 	
              By: Stone Point GP Ltd., its general partner

            
	 	 	 
	 	
              By:

            	
              /s/ David Wermuth

            
	 	 	
              Name: David Wermuth

            
	 	 	
              Title: Secretary

            

      

      

      

      

      [Signature Page to Home Point Capital Inc. Stockholders’ Agreement]

      

      
        
          

      

      

      

      Exhibit A

      

      

      Assignment and Assumption Agreement

      

      

      Pursuant to the Stockholders’ Agreement, dated as of February 2, 2021 (the “Stockholders’ Agreement”), among Home Point Capital Inc., a Delaware corporation (the “Company”), and each of the
        stockholders of the Company whose name appears on the signature pages listed therein (each, a “Stockholder” and collectively, the “Stockholders”), _________, (the “Transferor”) hereby assigns to the undersigned the
        rights that may be assigned thereunder, and the undersigned hereby agrees that, having acquired Equity Securities as permitted by the terms of the Stockholders’ Agreement, the undersigned shall assume the obligations of the Transferor and become
        entitled to such Transferor’s rights as a Stockholder under the Stockholders’ Agreement. Capitalized terms used but not defined herein shall have the meanings assigned to them in the Stockholders’ Agreement.

      

      

      Listed below is information regarding the Equity Securities:

      

      

      Number of Shares of

      Common Stock

      

      

      ____________________

      

      

      [Remainder of Page Intentionally Left Blank]

      

      

      
        
          

      

      

      

      IN WITNESS WHEREOF, the undersigned has executed this Assignment and Assumption Agreement as of __________ ___, ________.

      

      

      	 	
              [NAME OF TRANSFEROR]

            
	 	 
	 	 
	 	
              Name:

            
	 	
              Title:

            
	 	 
	 	
              [NAME OF TRANSFEREE]

            
	 	 
	 	 
	 	
              Name:

            
	 	
              Title:

            

      

      

      	
              Acknowledged by:

            	 	 
	 	 	 	 
	
              HOME POINT CAPITAL INC.

            	 	 
	 	 	 	 
	
              By:

            	  	 
	 	
              Name:

            	 	 
	 	
              Title:Exhibit 10.2

      

      

      HOME POINT CAPITAL INC.

      

      

      2021 INCENTIVE PLAN

      

      

      1.          Purpose.  The purpose of
            the Home Point Capital Inc. 2021 Incentive Plan is to provide a means through which the Company and the other members of the Company Group may attract and retain key personnel and to provide a means whereby directors, officers, employees,
            consultants and advisors of the Company and the other members of the Company Group can acquire and maintain an equity interest in the Company, or be paid incentive compensation measured by reference to the value of Common Stock, thereby
            strengthening their commitment to the welfare of the Company Group and aligning their interests with those of the Company’s stockholders.

      

      

      2.          Definitions.  The
            following definitions shall be applicable throughout the Plan.

      

      

      (a)          “Adjustment Event” has the meaning given to such term in Section 11(a) of the Plan.

      

      

      (b)          “Affiliate” means any Person that directly or indirectly controls, is controlled by or is under common control with the Company.  The term “control” (including, with correlative meaning, the
            terms “controlled by” and “under common control with”), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the
            ownership of voting or other securities, by contract or otherwise.

      

      

      (c)          “Applicable Law” means each applicable law, rule, regulation and requirement, including, but not limited to, each applicable U.S. federal, state or local law, any rule or regulation of the
            applicable securities exchange or inter-dealer quotation system on which the securities of the Company may be listed or quoted and each applicable law, rule or regulation of any other country or jurisdiction where Awards are granted under the
            Plan or Participants reside or provide services, as each such law, rule and regulation shall be in effect from time to time.

      

      

      (d)          “Award” means, individually or collectively, any Incentive Stock Option, Nonqualified Stock Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, Other Equity-Based
            Award and Cash-Based Incentive Award granted under the Plan.

      

      

      (e)          “Award Agreement” means the document or documents by which each Award (other than a Cash-Based Incentive Award) is evidenced, which may be in written or electronic form.

      

      

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

      

      

      (g)          “Cash-Based Incentive Award” means an Award, denominated in cash, that is granted under Section 10 of the Plan.

      

      

      
        
          

      

      
      

      

      (h)          “Cause” means, as to any Participant, unless the applicable Award Agreement states otherwise, (i) “Cause,” as defined in any employment, severance, consulting or other similar agreement
            between the Participant and the Service Recipient in effect at the time of such Termination; or (ii) in the absence of any such employment, severance, consulting or other similar agreement (or the absence of any definition of “Cause” contained
            therein), the Participant’s (A) willful neglect in the performance of the Participant’s duties for the Service Recipient or willful or repeated failure or refusal to perform such duties; (B) engagement in conduct in connection with the
            Participant’s employment or service with the Service Recipient, which results in, or could reasonably be expected to result in, material harm to the business or reputation of the Service Recipient or any other member of the Company Group; (C)
            conviction of, or plea of guilty or no contest to, (I) any felony (or similar crime in any non-U.S. jurisdiction for Participant’s outside the United States) or (II) any other crime that results in, or could reasonably be expected to result in,
            material harm to the business or reputation of the Service Recipient or any other member of the Company Group; (D) material violation of the written policies of the Service Recipient, including, but not limited to, those relating to sexual
            harassment, or those set forth in the manuals or statements of policy of the Service Recipient; (E) fraud, misappropriation or embezzlement related to the misuse of funds or property belonging to the Service Recipient or any other member of the
            Company Group; (F) act of personal dishonesty that involves personal profit in connection with the Participant’s employment or service to the Service Recipient; or (G) engagement in any Detrimental Activity; provided, in any case, that a Participant’s resignation
            after an event that would be grounds for a Termination for Cause will be treated as a Termination for Cause hereunder.

      

      

      (i)          “Change in Control” means:

      

      

      (i)          the acquisition (whether by purchase, merger, consolidation, combination or other similar transaction) by any Person of beneficial ownership
            (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 50% (on a fully diluted basis) of either (A) the Outstanding Common Stock; or (B) the Outstanding Company Voting Securities; provided, however, that for purposes of the Plan, the
            following acquisitions shall not constitute a Change in Control: (I) any acquisition by the Company or any Affiliate; (II) any acquisition by any employee benefit plan sponsored or maintained by the Company or any Affiliate; or (III) in respect
            of an Award held by a particular Participant, any acquisition by the Participant or any group of Persons including the Participant (or any entity controlled by the Participant or any group of Persons including the Participant);

      

      

      (ii)          during any period of 12 months, individuals who, at the beginning of such period, constitute the Board (the “Incumbent Directors”) cease for any reason to
            constitute at least a majority of the members of the Board, provided that any person becoming a director subsequent to the Effective Date, whose election or nomination for election was approved by a vote of at least two-thirds of the Incumbent
            Directors then on the Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without written objection to such nomination) shall be an Incumbent Director; provided, however, that no individual
            initially elected or nominated as a director of the Company as a result of an actual or threatened election contest, as such terms are used in Rule 14a-12 of Regulation 14A promulgated under the Exchange Act, with respect to directors or as a
            result of any other actual or threatened solicitation of proxies or consents by or on behalf of any person other than the Board shall be deemed to be an Incumbent Director;

      

      

      (iii)          the consummation of a reorganization, recapitalization, merger, consolidation, or similar corporate transaction involving the Company that
            requires the approval of the Company’s stockholders (a “Business Combination”), unless immediately following such Business Combination: more than 50% of the total voting power of (A) the entity resulting from such Business Combination (the “Surviving Company”), or (B) if applicable, the ultimate parent entity that
            directly or indirectly has beneficial ownership of sufficient voting securities eligible to elect a majority of the board of directors (or the analogous governing body) of the Surviving Company, is represented by the Outstanding Company Voting
            Securities that were outstanding immediately prior to such Business Combination (or, if applicable, is represented by shares into which the Outstanding Company Voting Securities were converted pursuant to such Business Combination); or

      

      

      
        2

        
          

      

      

      

      (iv)          the sale, transfer or other disposition of all or substantially all of the assets of the Company Group (taken as a whole) to any Person that is not an Affiliate of the Company.

      

      

      (j)          “Code” means the Internal Revenue Code of 1986, as amended, and any successor thereto.  Reference in the Plan to any section of the Code shall be deemed to include any regulations or
            other interpretative guidance under such section, and any amendments or successor provisions to such section, regulations or guidance.

      

      

      (k)          “Committee” means the Compensation Committee of the Board or any properly delegated subcommittee thereof or, if no such Compensation Committee or subcommittee thereof exists, the Board.

      

      

      (l)          “Common Stock” means the common stock of the Company, par value $0.01 per share (and any stock or other securities into which such Common Stock may be converted or into which it may be
            exchanged).

      

      

      (m)          “Company” means Home Point Capital Inc., a Delaware corporation, and any successor thereto.

      

      

      (n)          “Company Group” means, collectively, the Company and its Subsidiaries.

      

      

      (o)          “Date of Grant” means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

      

      

      (p)          “Designated Foreign Subsidiaries” means all members of the Company Group that are organized under the laws of any jurisdiction other than the United States of America.

      

      

      (q)          “Detrimental Activity” means any of the following: (i) unauthorized disclosure or use of any confidential or proprietary information of any member of the Company Group; (ii) any
            activity that would be grounds to terminate the Participant’s employment or service with the Service Recipient for Cause; (iii) a breach by the Participant of any restrictive covenant by which such Participant is bound, including, without
            limitation, any covenant not to compete or not to solicit, in any agreement with any member of the Company Group; or (iv) the Participant’s fraud or conduct contributing to any financial restatements or irregularities, in each case, as
            determined by the Committee in its sole discretion.

      

      

      (r)          “Disability” means, as to any Participant, unless the applicable Award Agreement states otherwise, (i) “Disability,” as defined in any employment, severance, consulting or other similar
            agreement between the Participant and the Service Recipient in effect at the time of Termination; or (ii) in the absence of any such employment, severance, consulting or other similar agreement (or the absence of any definition of “Disability”
            contained therein), a condition entitling the Participant to receive benefits under a long-term disability plan of the Service Recipient or other member of the Company Group in which such Participant is eligible to participate, or, in the
            absence of such a plan, the complete and permanent inability of the Participant by reason of illness or accident to perform the duties of the position at which the Participant was employed or served when such disability commenced.  Any
            determination of whether Disability exists in the absence of a long-term disability plan shall be made by the Company (or its designee) in its sole and absolute discretion.

      

      

      (s)          “Effective Date” means January 21, 2021.

      

      

      (t)          “Eligible Person” means: any (i) individual employed by any member of the Company Group; provided, however, that no such U.S. employee covered by a collective bargaining agreement shall be an Eligible Person
            unless and to the extent that such eligibility is set forth in such collective bargaining agreement or in an agreement or instrument relating thereto; (ii) director of any member of the Company Group; or (iii) consultant or advisor to any
            member of the Company Group who may be offered securities registrable pursuant to a registration statement on Form S-8 under the Securities Act (or, for consultants or advisors outside of the U.S. can be offered securities consistent with
            Applicable Law).

      

      

      
        3

        
          

      

      

      

      (u)          “Exchange Act” means the Securities Exchange Act of 1934, as amended, and any successor thereto.  Reference in the Plan to any section of (or rule promulgated under) the Exchange Act shall be
            deemed to include any rules, regulations or other interpretative guidance under such section or rule, and any amendments or successor provisions to such section, rules, regulations or guidance.

      

      

      (v)          “Exercise Price” has the meaning given to such term in Section 7(b) of the Plan.

      

      

      (w)          “Fair Market Value” means, as of any date, the fair market value of a share of Common Stock, as reasonably determined by the Company and consistently applied for purposes of the Plan, which may
            include, without limitation, the closing sales price on the trading day immediately prior to or on such date, or a trailing average of previous closing prices prior to such date.

      

      

      (x)          “GAAP” has the meaning given to such term in Section 7(d) of the Plan.

      

      

      (y)          “Grant Date Fair Market Value” means, as of a Date of Grant, (i) if the Common Stock is listed on a national securities exchange, the closing sales price of the Common Stock reported on
            the primary exchange on which the Common Stock is listed and traded on such date, or, if there are no such sales on that date, then on the last preceding date on which such sales were reported; (ii) if the Common Stock is not listed on any
            national securities exchange but is quoted in an inter-dealer quotation system on a last-sale basis, the average between the closing bid price and ask price reported on such date, or, if there is no such sale on that date, then on the last
            preceding date on which a sale was reported; or (iii) if the Common Stock is not listed on a national securities exchange or quoted in an inter-dealer quotation system on a last-sale basis, the amount determined by the Committee in good faith
            to be the fair market value of the Common Stock; provided, however, as to any Awards granted on or with a Date of Grant of the date of the pricing of the Company’s initial public offering, “Grant Date Fair Market Value” shall be equal to the per share price at which
            the Common Stock is offered to the public in connection with such initial public offering.

      

      

      (z)          “Incentive Stock Option” means an Option which is designated by the Committee as an incentive stock option as described in Section 422 of the Code and otherwise meets the
            requirements set forth in the Plan.

      

      

      (aa)          “Indemnifiable Person” has the meaning given to such term in Section 4(e) of the Plan.

      

      

      (bb)          “Non-Employee Director” means a member of the Board who is not an employee of any member of the Company Group.

      

      

      (cc)          “Nonqualified Stock Option” means an Option which is not designated by the Committee as an Incentive Stock Option.

      

      

      (dd)          “Option” means an Award granted under Section 7 of the Plan.

      

      

      (ee)          “Option Period” has the meaning given to such term in Section 7(c)(ii) of the Plan.

      

      

      (ff)          “Other Equity-Based Award” means an Award that is not an Option, Cash-Based Incentive Award, Restricted Stock or Restricted Stock Unit, that is granted under Section 9 of the Plan
            and is (i) payable by delivery of Common Stock and/or (ii) measured by reference to the value of Common Stock.

      

      

      (gg)          “Outstanding Common Stock” means the then-outstanding shares of Common Stock, taking into account as outstanding for this purpose such Common Stock issuable upon the exercise of
            options or warrants, the conversion of convertible stock or debt, the exercise of any similar right to acquire such Common Stock, and the exercise or settlement of then-outstanding Awards (or similar awards under any prior incentive plans
            maintained by the Company).

      

      

      (hh)          “Outstanding Company Voting Securities” means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

      

      

      
        4

        
          

      

      

      

      (ii)          “Participant” means an Eligible Person who has been selected by the Committee to participate in the Plan and granted an Award pursuant to the Plan.

      

      

      (jj)          “Performance Conditions” means specific levels of performance of the Company (and/or one or more members of the Company Group, divisions or operational and/or business units,
            product lines, brands, business segments, administrative departments, or any combination of the foregoing), which may be determined in accordance with GAAP or on a non-GAAP basis, including, without limitation, the following measures:  (i) net
            earnings, net income (before or after taxes), or consolidated net income; (ii) basic or diluted earnings per share (before or after taxes); (iii) net revenue or net revenue growth; (iv) gross revenue or gross revenue growth, gross profit or
            gross profit growth; (v) net operating profit (before or after taxes); (vi) return measures (including, but not limited to, return on investment, assets, capital, employed capital, invested capital, equity, or sales); (vii) cash flow measures
            (including, but not limited to, operating cash flow, free cash flow, or cash flow return on capital), which may be but are not required to be measured on a per share basis; (viii) actual or adjusted earnings before or after interest, taxes,
            depreciation, and/or amortization (including EBIT and EBITDA); (ix) gross or net operating margins; (x) productivity ratios; (xi) share price (including, but not limited to, growth measures and total stockholder return); (xii) expense targets
            or cost reduction goals, general and administrative expense savings; (xiii) operating efficiency; (xiv) objective measures of customer/client satisfaction; (xv) working capital targets; (xvi) measures of economic value added or other ‘value
            creation’ metrics; (xvii) enterprise value; (xviii) sales; (xix) stockholder return; (xx) customer/client retention; (xxi) competitive market metrics; (xxii) employee retention; (xxiii) objective measures of personal targets, goals, or
            completion of projects (including, but not limited to, succession and hiring projects, completion of specific acquisitions, dispositions, reorganizations, or other corporate transactions or capital-raising transactions, expansions of specific
            business operations, and meeting divisional or project budgets); (xxiv) comparisons of continuing operations to other operations; (xxv) market share; (xxvi) cost of capital, debt leverage, year-end cash position or book value; (xxvii) strategic
            objectives; (xxviii) gross or net authorizations; (xxix) backlog; or (xxx) any combination of the foregoing.  Any one or more of the aforementioned performance criteria may be stated as a percentage of another performance criteria, or used on
            an absolute or relative basis to measure the performance of one or more members of the Company Group as a whole or any divisions or operational and/or business units, product lines, brands, business segments, or administrative departments of
            the Company and/or one or more members of the Company Group or any combination thereof, as the Committee may deem appropriate, or any of the above performance criteria may be compared to the performance of a selected group of comparison
            companies, or a published or special index that the Committee, in its sole discretion, deems appropriate, or as compared to various stock market indices.

      

      

      (kk)          “Permitted Transferee” has the meaning given to such term in Section 13(b)(ii) of the Plan.

      

      

      (ll)          “Person” means any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act).

      

      

      (mm)          “Plan” means this Home Point Capital Inc. 2021 Incentive Plan, as it may be amended and/or restated from time to time.

      

      

      (nn)          “Plan Share Reserve” has the meaning given to such term in Section 6(a) of the Plan.

      

      

      (oo)          “Qualifying Director” means a Person who is, with respect to actions intended to obtain an exemption from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 under the Exchange Act, a
            “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act.

      

      

      (pp)          “Restricted Period” means the period of time determined by the Committee during which an Award is subject to restrictions, including vesting conditions.

      

      

      (qq)          “Restricted Stock” means Common Stock, subject to certain specified restrictions (which may include, without limitation, a requirement that the Participant remain continuously employed or
            provide continuous services for a specified period of time), granted under Section 8 of the Plan.

      

      

      
        5

        
          

      

      

      

      (rr)          “Restricted Stock Unit” means an unfunded and unsecured promise to deliver shares of Common Stock, cash, other securities or other property, subject to certain restrictions (which
            may include, without limitation, a requirement that the Participant remain continuously employed or provide continuous services for a specified period of time), granted under Section 8 of the Plan.

      

      

      (ss)          “Securities Act” means the Securities Act of 1933, as amended, and any successor thereto.  Reference in the Plan to any section of (or rule promulgated under) the Securities Act shall be
            deemed to include any rules, regulations or other interpretative guidance under such section or rule, and any amendments or successor provisions to such section, rules, regulations or guidance.

      

      

      (tt)          “Service Recipient” means, with respect to a Participant holding a given Award, the member of the Company Group by which the original recipient of such Award is, or following a Termination was
            most recently, principally employed or to which such original recipient provides, or following a Termination was most recently providing, services, as applicable.

      

      

      (uu)          “SAR Base Price” means, as to any Stock Appreciation Right, the price per share of Common Stock designated as the base value above which appreciation in value is measured.

      

      

      (vv)          “Stock Appreciation Right” or “SAR” means an Other-Equity Based Award designated in an applicable Award Agreement as a stock appreciation right.

      

      

      (ww)          “Sub-Plans” means any sub-plan to the Plan that has been adopted by the Board or the Committee for the purpose of permitting or facilitating the offering of Awards to employees of certain
            Designated Foreign Subsidiaries or otherwise outside the jurisdiction of the United States of America, with each such Sub-Plan designed to comply with Applicable Law in such foreign jurisdictions.  Although any Sub-Plan may be designated a
            separate and independent plan from the Plan in order to comply with Applicable Law, the Plan Share Reserve and the other limits specified in Section 6(a) of the Plan shall apply in the aggregate to the Plan and any Sub-Plan adopted hereunder.

      

      

      (xx)          “Subsidiary” means, with respect to any specified Person:

      

      

      (i)          any corporation, association or other business entity of which more than 50% of the total voting power of shares of such entity’s voting securities (without regard to the occurrence of any contingency and after giving
          effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a
          combination thereof); and

      

      

      (ii)          any partnership (or any comparable foreign entity) (A) the sole general partner (or functional equivalent thereof) or the managing general partner of which is such Person or Subsidiary of such Person or (B) the only
          general partners (or functional equivalents thereof) of which are that Person or one or more Subsidiaries of that Person (or any combination thereof).

      

      

      (yy)          “Substitute Awards” has the meaning given to such term in Section 6(e) of the Plan, and shall include any Substitute IPO Option.

      

      

      (zz)          “Substitute IPO Option” means each Option granted in connection with the Company’s initial public offering and in substitution of options to purchase common units of Home Point
            Capital LP, a Delaware limited partnership, granted under its 2015 Option Plan.

      

      

      (aaa)          “Termination” means the termination of a Participant’s employment or service, as applicable, with the Service Recipient for any reason (including death or Disability).

      

      

      
        6

        
          

      

      

      

      3.          Effective Date; Duration. 
            The Plan shall be effective as of the Effective Date.  The expiration date of the Plan, on and after which date no Awards may be granted hereunder, shall be the 10th anniversary of the Effective Date; provided, however, that such expiration shall not affect Awards then outstanding, and the terms and conditions of the Plan shall continue to apply to such Awards.

      

      

      4.          Administration.

      

      

      (a)          General.  The Committee shall administer the
            Plan.  To the extent required to comply with the provisions of Rule 16b-3 promulgated under the Exchange Act (if the Board is not acting as the Committee under the Plan) it is intended that each member of the Committee shall, at the time such
            member takes any action with respect to an Award under the Plan that is intended to qualify for the exemptions provided by Rule 16b-3 promulgated under the Exchange Act be a Qualifying Director.  However, the fact that a Committee member shall
            fail to qualify as a Qualifying Director shall not invalidate any Award granted by the Committee that is otherwise validly granted under the Plan.

      

      

      (b)          Committee Authority.  Subject to the provisions of
            the Plan and Applicable Law, the Committee shall have the sole and plenary authority, in addition to other express powers and authorizations conferred on the Committee by the Plan, to (i) designate Participants; (ii) determine the type or types
            of Awards to be granted to a Participant; (iii) determine the number of shares of Common Stock to be covered by, or with respect to which payments, rights, or other matters are to be calculated in connection with, Awards; (iv) determine the
            terms and conditions of any Award; (v) determine whether, to what extent, and under what circumstances Awards may be settled in, or exercised for, cash, shares of Common Stock, other securities, other Awards or other property, or canceled,
            forfeited, or suspended and the method or methods by which Awards may be settled, exercised, canceled, forfeited, or suspended; (vi) determine whether, to what extent, and under what circumstances the delivery of cash, shares of Common Stock,
            other securities, other Awards, or other property and other amounts payable with respect to an Award shall be deferred either automatically or at the election of the Participant or of the Committee; (vii) interpret, administer, reconcile any
            inconsistency in, correct any defect in and/or supply any omission in the Plan and any instrument or agreement relating to, or Award granted under, the Plan; (viii) establish, amend, suspend, or waive any rules and regulations and appoint such
            agents as the Committee shall deem appropriate for the proper administration of the Plan; (ix) adopt Sub-Plans; and (x) make any other determination and take any other action that the Committee deems necessary or desirable for the
            administration of the Plan.

      

      

      (c)          Delegation.  Except to the extent prohibited by
            Applicable Law, the Committee may allocate all or any portion of its responsibilities and powers to any one or more of its members and may delegate all or any part of its responsibilities and powers to any Person or Persons selected by it.  Any
            such allocation or delegation may be revoked by the Committee at any time.  Without limiting the generality of the foregoing, the Committee may delegate to one or more officers of any member of the Company Group, the authority to act on behalf
            of the Committee with respect to any matter, right, obligation, or election which is the responsibility of, or which is allocated to, the Committee herein, and which may be so delegated in accordance with Applicable Law, except with respect to
            grants of Awards to Persons (i) who are Non-Employee Directors, or (ii) who are subject to Section 16 of the Exchange Act.

      

      

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

      

      

      
        7

        
          

      

      

      

      (e)          Indemnification.  No member of the Board or the
            Committee or any employee or agent of any member of the Company Group (each such Person, an “Indemnifiable Person”) shall be liable for any action taken or omitted to be taken or any determination made with respect to the Plan or any Award hereunder (unless constituting
            fraud or a willful criminal act or omission).  Each Indemnifiable Person shall be indemnified and held harmless by the Company against and from any loss, cost, liability, or expense (including attorneys’ fees) that may be imposed upon or
            incurred by such Indemnifiable Person in connection with or resulting from any action, suit or proceeding to which such Indemnifiable Person may be a party or in which such Indemnifiable Person may be involved by reason of any action taken or
            omitted to be taken or determination made with respect to the Plan or any Award hereunder and against and from any and all amounts paid by such Indemnifiable Person with the Company’s approval, in settlement thereof, or paid by such
            Indemnifiable Person in satisfaction of any judgment in any such action, suit or proceeding against such Indemnifiable Person, and the Company shall advance to such Indemnifiable Person any such expenses promptly upon written request (which
            request shall include an undertaking by the Indemnifiable Person to repay the amount of such advance if it shall ultimately be determined, as provided below, that the Indemnifiable Person is not entitled to be indemnified); provided, that the Company shall have
            the right, at its own expense, to assume and defend any such action, suit or proceeding and once the Company gives notice of its intent to assume the defense, the Company shall have sole control over such defense with counsel of the Company’s
            choice.  The foregoing right of indemnification shall not be available to an Indemnifiable Person to the extent that a final judgment or other final adjudication (in either case not subject to further appeal) binding upon such Indemnifiable
            Person determines that the acts, omissions or determinations of such Indemnifiable Person giving rise to the indemnification claim resulted from such Indemnifiable Person’s fraud or willful criminal act or omission or that such right of
            indemnification is otherwise prohibited by Applicable Law or by the organizational documents of any member of the Company Group.  The foregoing right of indemnification shall not be exclusive of or otherwise supersede any other rights of
            indemnification to which such Indemnifiable Persons may be entitled under (i) the organizational documents of any member of the Company Group, (ii) pursuant to Applicable Law, (iii) an individual indemnification agreement or contract or
            otherwise, or (iv) any other power that the Company may have to indemnify such Indemnifiable Persons or hold such Indemnifiable Persons harmless.

      

      

      (f)          Board Authority.  Notwithstanding anything to the
            contrary contained in the Plan, the Board may, in its sole discretion, at any time and from time to time, grant Awards and administer the Plan with respect to such Awards.  Any such actions by the Board shall be subject to the applicable rules
            of the securities exchange or inter-dealer quotation system on which the Common Stock is listed or quoted.  In any such case, the Board shall have all the authority granted to the Committee under the Plan.

      

      

      5.          Grants of Awards; Eligibility.  The
            Committee may, from time to time, grant Awards to one or more Eligible Persons.  Participation in the Plan shall be limited to Eligible Persons.

      

      

      6.          Shares Subject to the Plan; Limitations.

      

      

      (a)          Share Reserve.  Subject to Section 11 of the Plan,
            6,943,005 shares of Common Stock (the “Plan Share Reserve”) shall be available for Awards under the Plan.  Each Award granted under the Plan will reduce the Plan Share Reserve by the number of shares of Common Stock underlying the Award.  Notwithstanding the foregoing, the
            Plan Share Reserve shall be automatically increased on the first day of each fiscal year following the fiscal year in which the Effective Date falls by a number of shares of Common Stock equal to the lesser of (i) the positive difference, if
            any, between (A) 5% of the Outstanding Common Stock on the last day of the immediately preceding fiscal year, and (B) the Plan Share Reserve on the last day of the immediately preceding fiscal year, and (ii) a lower number of shares of Common
            Stock as may be determined by the Board.

      

      

      (b)          Additional Limits.  Subject to Section 11 of the
            Plan, (i) no more than the number of shares of Common Stock equal to the Plan Share Reserve may be issued in the aggregate pursuant to the exercise of Incentive Stock Options granted under the Plan; and (ii) during a single fiscal year, the
            number of Awards eligible to be made to any Non-Employee Director, taken together with any cash fees paid to such Non-Employee Director, in each case, in respect of such Non-Employee Director’s service as a member of the Board during such
            during such fiscal year, shall not exceed a total value of $1,200,000 (calculating the value of any such Awards based on the grant date fair value of such Awards for financial reporting purposes).

      

      

      
        8

        
          

      

      

      

      (c)          Share Counting.  Other than with respect to
            Substitute Awards, to the extent that an Award expires or is canceled, forfeited, or terminated without issuance to the Participant of the full number of shares of Common Stock to which the Award related, the unissued shares underlying such
            Award will be returned to the Plan Share Reserve and again be available for grant under the Plan.  Shares of Common Stock shall be deemed to have been issued in settlement of Awards if the Fair Market Value equivalent of such shares is paid in
            cash; provided, however,
            that no shares shall be deemed to have been issued in settlement of a SAR, Other Equity-Based Award or Restricted Stock Unit that only provides for settlement in, and settles only in, cash, or in respect of any Cash-Based Incentive Award. 
            Shares of Common Stock withheld in payment of the Exercise Price, SAR Base Price, or taxes relating to an Award shall constitute shares of Common Stock issued to the Participant and shall reduce the Plan Share Reserve.

      

      

      (d)          Source of Shares.  Shares of Common Stock issued
            by the Company in settlement of Awards may be authorized and unissued shares, shares of Common Stock held in the treasury of the Company, shares of Common Stock purchased on the open market or by private purchase or a combination of the
            foregoing.

      

      

      (e)          Substitute Awards.  Awards may, in the sole
            discretion of the Committee, be granted under the Plan in assumption of, or in substitution for, outstanding awards previously granted by an entity directly or indirectly acquired by the Company or with which the Company combines (“Substitute Awards”).  Further, each Substitute IPO
            Option will be treated as a Substitute Award for all purposes under the Plan.  Substitute Awards shall not be counted against the Plan Share Reserve; provided, that Substitute Awards issued in connection with the assumption of, or in substitution for,
            outstanding options intended to qualify as “incentive stock options” within the meaning of Section 422 of the Code shall be counted against the aggregate number of shares of Common Stock available for Awards of Incentive Stock Options under the
            Plan.  Subject to applicable stock exchange requirements, available shares under a stockholder-approved plan of an entity directly or indirectly acquired by the Company or with which the Company combines (as appropriately adjusted to reflect
            the acquisition or combination transaction) may be used for Awards under the Plan and shall not reduce the number of shares of Common Stock available for issuance under the Plan.

      

      

      7.          Options.

      

      

      (a)          General.  Each Option granted under the Plan shall
            be evidenced by an Award Agreement, which agreement need not be the same for each Participant.  Each Option so granted shall be subject to the conditions set forth in this Section 7, and to such other conditions not inconsistent with the Plan
            as may be reflected in the applicable Award Agreement.  All Options granted under the Plan shall be Nonqualified Stock Options unless the applicable Award Agreement expressly states that the Option is intended to be an Incentive Stock Option. 
            Incentive Stock Options may be granted only to Eligible Persons who are employees of a member of the Company Group.  No Option may be treated as an Incentive Stock Option unless the Plan has been approved by the stockholders of the Company in a
            manner intended to comply with the stockholder approval requirements of Section 422(b)(1) of the Code.  Any Option intended to be an Incentive Stock Option which does not qualify as an Incentive Stock Option for any reason, including by reason
            of grant to an Eligible Person who is not an employee or the Plan not being properly approved by the stockholders of the Company under Section 422(b)(1) of the Code, then, to the extent of such non-qualification, such Option or portion thereof
            shall be regarded as a Nonqualified Stock Option appropriately granted under the Plan.

      

      

      (b)          Exercise Price.  Except as otherwise provided by
            the Committee in the case of Substitute Awards, the exercise price (“Exercise Price”) per share of Common Stock for each Option shall not be less than 100% of the Grant Date Fair Market Value of such share; provided, however, that in the case of an Incentive Stock Option granted to an employee who,
            at the time of the grant of such Option, owns stock representing more than 10% of the voting power of all classes of stock of any member of the Company Group, the Exercise Price per share shall be no less than 110% of the Grant Date Fair Market
            Value per share.

      

      

      
        9

        
          

      

      

      

      (c)          Vesting and Expiration; Termination.

      

      

      (i)          Options shall vest and become exercisable in such manner and on such date or dates or upon such event or events as determined by the Committee,
            including, without limitation, satisfaction of Performance Conditions; provided, however, that notwithstanding any such vesting dates or events, the Committee may in its sole discretion accelerate the vesting of any Options at any time and for any reason.

      

      

      (ii)          Options shall expire upon a date determined by the Committee, not to exceed 10 years from the Date of Grant (the “Option Period”); provided, that if the Option Period (other than in the
            case of an Incentive Stock Option) would expire on a date when (A) trading in the shares of Common Stock is prohibited by the Company’s insider trading policy (or Company-imposed “blackout period”), and (B) the Fair Market Value exceeds the
            Exercise Price per share on such expiration date, then the Option Period shall be automatically extended until the 30th day following the expiration of such prohibition.  Notwithstanding the foregoing, in no event shall the Option Period exceed five years from the Date of Grant in the case of an Incentive Stock Option granted to a Participant who on
            the Date of Grant owns stock representing more than 10% of the voting power of all classes of stock of any member of the Company Group.

      

      

      (iii)          Unless otherwise provided by the Committee, whether in an Award Agreement or otherwise, in the event of: (A) a Participant’s Termination by the Service Recipient for Cause, all outstanding Options granted to such
          Participant shall immediately terminate and expire; (B) a Participant’s Termination due to death or Disability, each outstanding unvested Option granted to such Participant shall immediately terminate and expire, and each outstanding vested
          Option shall remain exercisable for one year thereafter (but in no event beyond the expiration of the Option Period); and (C) a Participant’s Termination for any other reason, each outstanding unvested Option granted to such Participant shall
          immediately terminate and expire, and each outstanding vested Option shall remain exercisable for 90 days thereafter (but in no event beyond the expiration of the Option Period).

      

      

      (d)          Method of Exercise and Form of Payment.  No shares
            of Common Stock shall be issued pursuant to any exercise of an Option until payment in full of the Exercise Price therefor is received by the Company and the Participant has paid to the Company an amount equal to any Federal, state, local and
            non-U.S. income, employment and any other applicable taxes that are required to be withheld under Applicable Law, as determined in accordance with Section 13(d) hereof.  Options which have become exercisable may be exercised by delivery of
            written or electronic notice (or telephonic instructions to the extent provided by the Committee) of exercise to the Company (or any third-party administrator, as applicable) in accordance with the terms of the Option and any other exercise
            procedure established by the Committee, accompanied by payment of the Exercise Price.  Unless otherwise provided by the Committee, whether in an Award Agreement or otherwise, the Exercise Price shall be payable: (i) in cash, check, cash
            equivalent and/or shares of Common Stock valued at the Fair Market Value at the time the Option is exercised (including, pursuant to procedures approved by the Committee, by means of attestation of ownership of a sufficient number of shares of
            Common Stock in lieu of actual issuance of such shares to the Company); provided, that such shares of Common Stock are not subject to any pledge or other security interest and have been held by the Participant for at least six months (or such other period as
            established from time to time by the Committee in order to avoid adverse accounting treatment applying generally accepted accounting principles (“GAAP”)); or (ii) by such other method as the Committee may permit, in its sole discretion, including, without limitation (A) in
            other property having a fair market value on the date of exercise equal to the Exercise Price; (B) if there is a public market for the shares of Common Stock at such time, by means of a broker-assisted “cashless exercise” pursuant to which the
            Company is delivered (including telephonically to the extent permitted by the Committee) a copy of irrevocable instructions to a stockbroker to sell the shares of Common Stock otherwise issuable upon the exercise of the Option and to deliver
            promptly to the Company an amount equal to the Exercise Price; or (C) a “net exercise” procedure effected by withholding the minimum number of shares of Common Stock otherwise issuable in respect of an Option that are needed to pay the Exercise
            Price and any Federal, state, local and non-U.S. income, employment and any other applicable taxes that are required to be withheld under Applicable Law, as determined in accordance with Section 13(d) hereof.  Unless otherwise determined by the
            Committee, any fractional shares of Common Stock shall be settled in cash.

      

      

      
        10

        
          

      

      

      

      (e)          Notification upon Disqualifying Disposition of an Incentive Stock Option.  Each Participant awarded an Incentive Stock Option under the Plan shall notify the Company in writing immediately after the date the Participant makes a disqualifying disposition of any shares of Common Stock acquired
            pursuant to the exercise of such Incentive Stock Option.  A disqualifying disposition is any disposition (including, without limitation, any sale) of such shares of Common Stock before the later of (i) the date that is two years after the Date
            of Grant of the Incentive Stock Option or (ii) the date that is one year after the date of exercise of the Incentive Stock Option.  The Company may, if determined by the Committee and in accordance with procedures established by the Committee,
            retain possession, as agent for the applicable Participant, of any shares of Common Stock acquired pursuant to the exercise of an Incentive Stock Option until the end of the period described in the preceding sentence, subject to complying with
            any instructions from such Participant as to the sale of such shares of Common Stock.

      

      

      (f)          Compliance With Laws, etc.  Notwithstanding the
            foregoing, in no event shall a Participant be permitted to exercise an Option in a manner which the Committee determines would violate the Sarbanes-Oxley Act of 2002, as it may be amended from time to time, or any other Applicable Law.

      

      

      8.          Restricted Stock and Restricted Stock Units.

      

      

      (a)          General.  Each grant of Restricted Stock and
            Restricted Stock Units shall be evidenced by an Award Agreement.  Each Restricted Stock and Restricted Stock Unit so granted shall be subject to the conditions set forth in this Section 8, and to such other conditions not inconsistent with the
            Plan as may be reflected in the applicable Award Agreement.

      

      

      (b)          Stock Certificates and Book-Entry; Escrow or Similar Arrangement.  Upon the grant of Restricted Stock, the Committee shall cause a stock certificate registered in the name of the Participant to be issued or shall cause share(s) of Common Stock to be registered in the name of the Participant
            and held in book-entry form subject to the Company’s directions and, if the Committee determines that the Restricted Stock shall be held by the Company or in escrow rather than issued to the Participant pending the release of the applicable
            restrictions, the Committee may require the Participant to additionally execute and deliver to the Company (i) an escrow agreement satisfactory to the Committee, if applicable and (ii) the appropriate stock power (endorsed in blank) with
            respect to the Restricted Stock covered by such agreement.  Subject to the restrictions set forth in this Section 8, Section 13(b) of the Plan and the applicable Award Agreement, a Participant generally shall have the rights and privileges of a
            stockholder as to shares of Restricted Stock, including, without limitation, the right to vote such Restricted Stock.  To the extent shares of Restricted Stock are forfeited, any stock certificates issued to the Participant evidencing such
            shares shall be returned to the Company, and all rights of the Participant to such shares and as a stockholder with respect thereto shall terminate without further obligation on the part of the Company.  A Participant shall have no rights or
            privileges as a stockholder as to Restricted Stock Units.

      

      

      (c)          Vesting; Termination.

      

      

      (i)          Restricted Stock and Restricted Stock Units shall vest, and any applicable Restricted Period shall lapse, in such manner and on such date or
            dates or upon such event or events as determined by the Committee, including, without limitation, satisfaction of Performance Conditions; provided, however, that, notwithstanding any such dates or events, the Committee may, in its sole discretion, accelerate the
            vesting of any Restricted Stock or Restricted Stock Unit or the lapsing of any applicable Restricted Period at any time and for any reason.

      

      

      (ii)          Unless otherwise provided by the Committee, whether in an Award Agreement or otherwise, in the event of a Participant’s Termination for any reason prior to the time that such Participant’s Restricted Stock or Restricted Stock
          Units, as applicable, have vested, (A) all vesting with respect to such Participant’s Restricted Stock or Restricted Stock Units, as applicable, shall cease and (B) unvested shares of Restricted Stock and unvested Restricted Stock Units, as
          applicable, shall be forfeited to the Company by the Participant for no consideration as of the date of such Termination.

      

      

      
        11

        
          

      

      

      

      (d)          Issuance of Restricted Stock and Settlement of Restricted Stock Units.

      

      

      (i)          Upon the expiration of the Restricted Period with respect to any shares of Restricted Stock, the restrictions set forth in the applicable Award Agreement shall be of no further force or effect with respect to such shares,
          except as set forth in the applicable Award Agreement.  If an escrow arrangement is used, upon such expiration, the Company shall issue to the Participant, or the Participant’s beneficiary, without charge, the stock certificate (or, if
          applicable, a notice evidencing a book-entry notation) evidencing the shares of Restricted Stock which have not then been forfeited and with respect to which the Restricted Period has expired (rounded down to the nearest full share).

      

      

      (ii)          Unless otherwise provided by the Committee in an Award Agreement or otherwise, upon the expiration of the Restricted Period with respect
            to any outstanding Restricted Stock Units, the Company shall issue to the Participant or the Participant’s beneficiary, without charge, one share of Common Stock (or other securities or other property, as applicable) for each such outstanding
            Restricted Stock Unit; provided, however, that the Committee may, in its sole discretion, elect to (A) pay cash or part cash and part shares of Common Stock in lieu of issuing only shares of Common Stock in respect of such Restricted Stock Units; or (B) defer the
            issuance of shares of Common Stock (or cash or part cash and part shares of Common Stock, as the case may be) beyond the expiration of the Restricted Period if such extension would not cause adverse tax consequences under Section 409A of the
            Code.  If a cash payment is made in lieu of issuing shares of Common Stock in respect of such Restricted Stock Units, the amount of such payment shall be equal to the Fair Market Value per share of the Common Stock as of the date on which the
            Restricted Period lapsed with respect to such Restricted Stock Units.

      

      

      (e)          Legends on Restricted Stock.  Each certificate, if
            any, or book entry representing Restricted Stock awarded under the Plan, if any, shall bear a legend or book entry notation substantially in the form of the following, in addition to any other information the Company deems appropriate, until
            the lapse of all restrictions with respect to such shares of Common Stock:

      

      

      TRANSFER OF THIS CERTIFICATE AND THE SHARES REPRESENTED HEREBY IS RESTRICTED PURSUANT TO THE TERMS OF THE HOME POINT CAPITAL INC. 2021
        INCENTIVE PLAN AND A RESTRICTED STOCK AWARD AGREEMENT BETWEEN HOME POINT CAPITAL INC. AND THE PARTICIPANT.  A COPY OF SUCH PLAN AND AWARD AGREEMENT IS ON FILE AT THE PRINCIPAL EXECUTIVE OFFICES OF HOME POINT CAPITAL INC.

      

      

      9.          Other Equity-Based Awards.  The Committee may grant Other
            Equity-Based Awards under the Plan to Eligible Persons, alone or in tandem with other Awards, in such amounts and dependent on such conditions as the Committee shall from time to time in its sole discretion determine, including, without
            limitation, satisfaction of Performance Conditions.  Each Other Equity-Based Award granted under the Plan shall be evidenced by an Award Agreement and shall be subject to such conditions not inconsistent with the Plan as may be reflected in the
            applicable Award Agreement.

      

      

      10.          Cash-Based Incentive Awards.  The Committee may grant Cash-Based
            Incentive Awards under the Plan to any Eligible Person, in such amounts and dependent on such conditions as the Committee shall from time to time in its sole discretion determine, including, without limitation, satisfaction of Performance
            Conditions.  Each Cash-Based Incentive Award granted under the Plan shall be evidenced in such form as the Committee may determine from time to time.

      

      

      
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      11.          Changes in Capital Structure and Similar Events.  Notwithstanding any other provision in the Plan to the contrary, the following provisions shall apply to all Awards granted hereunder (other than Cash-Based Incentive Awards):

      

      

      (a)          General.  In the event of (i) any dividend (other
            than regular cash dividends) or other distribution (whether in the form of cash, shares of Common Stock, other securities or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up,
            split-off, spin-off, combination, repurchase or exchange of shares of Common Stock or other securities of the Company, issuance of warrants or other rights to acquire shares of Common Stock or other securities of the Company, or other similar
            corporate transaction or event that affects the shares of Common Stock (including a Change in Control); or (ii) unusual or nonrecurring events affecting the Company, including changes in applicable rules, rulings, regulations or other
            requirements, that the Committee determines, in its sole discretion, could result in substantial dilution or enlargement of the rights intended to be granted to, or available for, Participants (any event in (i) or (ii), an “Adjustment Event”), the Committee shall, in
            respect of any such Adjustment Event, make such proportionate substitution or adjustment, if any, as it deems equitable, to any or all of (A) the Plan Share Reserve, or any other limit applicable under the Plan with respect to the number of
            Awards which may be granted hereunder; (B) the number of shares of Common Stock or other securities of the Company (or number and kind of other securities or other property) which may be issued in respect of Awards or with respect to which
            Awards may be granted under the Plan or any Sub-Plan; and (C) the terms of any outstanding Award, including, without limitation, (I) the number of shares of Common Stock or other securities of the Company (or number and kind of other securities
            or other property) subject to outstanding Awards or to which outstanding Awards relate; (II) the Exercise Price or SAR Base Price with respect to any Option or SAR, as applicable, or any amount payable as a condition of issuance of shares of
            Common Stock (in the case of any other Award); or (III) any applicable performance measures; provided, that in the case of any “equity restructuring” (within the meaning of the Financial Accounting Standards Board Accounting Standards Codification Topic 718
            (or any successor pronouncement thereto)), the Committee shall make an equitable or proportionate adjustment to outstanding Awards to reflect such equity restructuring.

      

      

      (b)          Change in Control.  Without limiting the
            foregoing, in connection with any Adjustment Event that is a Change in Control, the Committee may, in its sole discretion, provide for any one or more of the following:

      

      

      (i)          substitution or assumption of, acceleration of the vesting of, exercisability of, or lapse of restrictions on, any one or more outstanding Awards; and

      

      

      (ii)          cancellation of any one or more outstanding Awards and payment to the holders of such Awards that are vested as of such cancellation (including, without limitation, any Awards that would vest as a result of the occurrence
          of such event but for such cancellation or for which vesting is accelerated by the Committee in connection with such event pursuant to clause (i) above), the value of such Awards, if any, as determined by the Committee (which value, if
          applicable, may be based upon the price per share of Common Stock received or to be received by other stockholders of the Company in such event), including, without limitation, in the case of an outstanding Option or SAR, a cash payment in an
          amount equal to the excess, if any, of the Fair Market Value (as of a date specified by the Committee) of the shares of Common Stock subject to such Option or SAR over the aggregate Exercise Price or SAR Base Price of such Option or SAR (it being
          understood that, in such event, any Option or SAR having a per share Exercise Price or SAR Base Price equal to, or in excess of, the Fair Market Value of a share of Common Stock subject thereto may be canceled and terminated without any payment
          or consideration therefor).

      

      

      For purposes of clause (i) above, an award will be considered granted in substitution of an Award if it has an equivalent value (as
        determined consistent with clause (ii) above) with the original Award, whether designated in securities of the acquiror in such Change in Control transaction (or an Affiliate thereof), or in cash or other property (including in the same
        consideration that other stockholders of the Company receive in connection with such Change in Control transaction), and retains the vesting schedule applicable to the original Award.

      

      

      
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      Payments to holders pursuant to clause (ii) above shall be made in cash or, in the sole discretion of the Committee, in the form of such
        other consideration necessary for a Participant to receive property, cash, or securities (or combination thereof) as such Participant would have been entitled to receive upon the occurrence of the transaction if the Participant had been,
        immediately prior to such transaction, the holder of the number of shares of Common Stock covered by the Award at such time (less any applicable Exercise Price or SAR Base Price).

      

      

      (c)          Other Requirements.  Prior to any payment or
            adjustment contemplated under this Section 11, the Committee may require a Participant to (i) represent and warrant as to the unencumbered title to the Participant’s Awards; (ii) bear such Participant’s pro rata share of any post-closing
            indemnity obligations, and be subject to the same post-closing purchase price adjustments, escrow terms, offset rights, holdback terms, and similar conditions as the other holders of Common Stock, subject to any limitations or reductions as may
            be necessary to comply with Section 409A of the Code; and (iii) deliver customary transfer documentation as reasonably determined by the Committee.

      

      

      (d)          Fractional Shares.  Unless otherwise determined by
            the Committee, any adjustment provided under this Section 11 may provide for the elimination of any fractional share that might otherwise become subject to an Award.

      

      

      (e)          Binding Effect.  Any adjustment, substitution,
            determination of value or other action taken by the Committee under this Section 11 shall be conclusive and binding for all purposes.

      

      

      12.          Amendments and Termination.

      

      

      (a)          Amendment and Termination of the Plan.  The Board
            may amend, alter, suspend, discontinue, or terminate the Plan or any portion thereof at any time; provided, that no such amendment, alteration, suspension, discontinuance or termination shall be made without stockholder approval if (i) such approval is required
            under Applicable Law; (ii) it would materially increase the number of securities which may be issued under the Plan (except for increases pursuant to Section 6 or 11 of the Plan); or (iii) it would materially modify the requirements for
            participation in the Plan; provided, further, that any such amendment, alteration, suspension, discontinuance or termination that would materially and adversely affect the rights of any Participant or any holder or beneficiary of any Award theretofore granted
            shall not to that extent be effective without the consent of the affected Participant, holder or beneficiary.  Notwithstanding the foregoing, no amendment shall be made to Section 12(c) of the Plan without stockholder approval.

      

      

      (b)          Amendment of Award Agreements.  The Committee may,
            to the extent consistent with the terms of the Plan and any applicable Award Agreement, waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, any Award theretofore granted or the
            associated Award Agreement, prospectively or retroactively (including after a Participant’s Termination); provided, that, other than pursuant to Section 11, any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would
            materially and adversely affect the rights of any Participant with respect to any Award theretofore granted shall not to that extent be effective without the consent of the affected Participant.

      

      

      (c)          No Repricing.  Notwithstanding anything in the
            Plan to the contrary, without stockholder approval, except as otherwise permitted under Section 11 of the Plan, (i) no amendment or modification may reduce the Exercise Price of any Option or the SAR Base Price of any SAR; (ii) the Committee
            may not cancel any outstanding Option or SAR and replace it with a new Option or SAR (with a lower Exercise Price or SAR Base Price, as the case may be) or other Award or cash payment that is greater than the intrinsic value (if any) of the
            cancelled Option or SAR; and (iii) the Committee may not take any other action which is considered a “repricing” for purposes of the stockholder approval rules of any securities exchange or inter-dealer quotation system on which the securities
            of the Company are listed or quoted.

      

      

      
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      13.          General.

      

      

      (a)          Award Agreements.  Each Award (other than a
            Cash-Based Incentive Award) under the Plan shall be evidenced by an Award Agreement, which shall be delivered to the Participant to whom such Award was granted and shall specify the terms and conditions of the Award and any rules applicable
            thereto, including, without limitation, the effect on such Award of the death, Disability or Termination of a Participant, or of such other events as may be determined by the Committee.  For purposes of the Plan, an Award Agreement may be in
            any such form (written or electronic) as determined by the Committee (including, without limitation, a Board or Committee resolution, an employment agreement, a notice, a certificate or a letter) evidencing the Award.  The Committee need not
            require an Award Agreement to be signed by the Participant or a duly authorized representative of the Company.

      

      

      (b)          Nontransferability.

      

      

      (i)          Each Award shall be exercisable only by such Participant to whom such Award was granted during the Participant’s lifetime, or, if permissible
            under Applicable Law, by the Participant’s legal guardian or representative.  No Award may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by a Participant (unless such transfer is specifically required
            pursuant to a domestic relations order or by Applicable Law) other than by will or by the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and
            unenforceable against any member of the Company Group; provided, that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance.

      

      

      (ii)          Notwithstanding the foregoing, the Committee may, in its sole discretion, permit Awards (other than Incentive Stock Options) to be
            transferred by a Participant, without consideration, subject to such rules as the Committee may adopt consistent with any applicable Award Agreement to preserve the purposes of the Plan, to (A) any person who is a “family member” of the
            Participant, as such term is used in the instructions to Form S-8 under the Securities Act or any successor form of registration statement promulgated by the Securities and Exchange Commission (a “Permitted Transferee”); provided, that the Participant gives the Committee advance written notice
            describing the terms and conditions of the proposed transfer and the Committee notifies the Participant in writing that such a transfer would comply with the requirements of the Plan.

      

      

      (iii)          The terms of any Award transferred in accordance with clause (ii) above shall apply to the Permitted Transferee and any reference in the Plan, or in any applicable Award Agreement, to a Participant shall be deemed
          to refer to the Permitted Transferee, except that (A) Permitted Transferees shall not be entitled to transfer any Award, other than by will or the laws of descent and distribution; (B) Permitted Transferees shall not be entitled to exercise any
          transferred Option unless there shall be in effect a registration statement on an appropriate form covering the shares of Common Stock to be acquired pursuant to the exercise of such Option if the Committee determines, consistent with any
          applicable Award Agreement, that such a registration statement is necessary or appropriate; (C) neither the Committee nor the Company shall be required to provide any notice to a Permitted Transferee, whether or not such notice is or would
          otherwise have been required to be given to the Participant under the Plan or otherwise; and (D) the consequences of a Participant’s Termination under the terms of the Plan and the applicable Award Agreement shall continue to be applied with
          respect to the Participant, including, without limitation, that an Option shall be exercisable by the Permitted Transferee only to the extent, and for the periods, specified in the Plan and the applicable Award Agreement.

      

      

      
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      (c)          Dividends and Dividend Equivalents.

      

      

      (i)          The Committee may, in its sole discretion, provide a Participant as part of an Award with dividends, dividend equivalents, or similar payments in respect of Awards, payable in cash, shares of Common Stock, other
          securities, other Awards or other property, on a current or deferred basis, on such terms and conditions as may be determined by the Committee in its sole discretion, including, without limitation, payment directly to the Participant, withholding
          of such amounts by the Company subject to vesting of the Award or reinvestment in additional shares of Common Stock, Restricted Stock or other Awards.

      

      

      (ii)          Without limiting the foregoing, unless otherwise provided in the Award Agreement, any dividend otherwise payable in respect of any share of Restricted Stock that remains subject to vesting conditions at the time of
          payment of such dividend shall be retained by the Company and remain subject to the same vesting conditions as the share of Restricted Stock to which the dividend relates and shall be delivered (without interest) to the Participant within 15 days
          following the date on which such restrictions on such Restricted Stock lapse (and the right to any such accumulated dividends shall be forfeited upon the forfeiture of the Restricted Stock to which such dividends relate).

      

      

      (iii)          To the extent provided in an Award Agreement, the holder of outstanding Restricted Stock Units shall be entitled to be credited with dividend equivalent payments (upon the payment by the Company of dividends on
          shares of Common Stock) either in cash or, in the sole discretion of the Committee, in shares of Common Stock having a Fair Market Value equal to the amount of such dividends (and interest may, in the sole discretion of the Committee, be credited
          on the amount of cash dividend equivalents at a rate and subject to such terms as determined by the Committee), which accumulated dividend equivalents (and interest thereon, if applicable) shall be payable at the same time as the underlying
          Restricted Stock Units are settled following the date on which the Restricted Period lapses with respect to such Restricted Stock Units, and if such Restricted Stock Units are forfeited, the Participant shall have no right to such dividend
          equivalent payments (or interest thereon, if applicable).

      

      

      (d)          Tax Withholding.

      

      

      (i)          A Participant shall be required to pay to the Company or one or more of its Subsidiaries, as applicable, an amount in cash (by check or wire transfer) equal to the aggregate amount of any income, employment and/or other
          applicable taxes that are required to be withheld under Applicable Law in respect of an Award.  Alternatively, the Company or any of its Subsidiaries may elect, in its sole discretion, to satisfy this requirement by withholding such amount from
          any cash compensation or other cash amounts owing to a Participant.

      

      

      (ii)          Without limiting the foregoing, the Committee may (but is not obligated to), in its sole discretion, permit or require a Participant to satisfy, all or any portion of the minimum income, employment and/or other applicable
          taxes that are required to be withheld under Applicable Law with respect to an Award by (A) the delivery of shares of Common Stock (which are not subject to any pledge or other security interest) that have been both held by the Participant and
          vested for at least six months (or such other period as established from time to time by the Committee in order to avoid adverse accounting treatment under applicable accounting standards) having an aggregate Fair Market Value equal to such
          minimum statutorily required withholding liability (or portion thereof); or (B) having the Company withhold from the shares of Common Stock otherwise issuable or deliverable to, or that would otherwise be retained by, the Participant upon the
          grant, exercise, vesting or settlement of the Award, as applicable, a number of shares of Common Stock with an aggregate Fair Market Value equal to an amount, subject to clause (iii) below, not in excess of such minimum statutorily required
          withholding liability (or portion thereof).

      

      

      
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      (iii)          The Committee, subject to its having considered the applicable accounting impact of any such determination, has full discretion to allow Participants to satisfy, in whole or in part, any additional income,
          employment and/or other applicable taxes payable by them with respect to an Award by electing to have the Company withhold from the shares of Common Stock otherwise issuable or deliverable to, or that would otherwise be retained by, a Participant
          upon the grant, exercise, vesting or settlement of the Award, as applicable, shares of Common Stock having an aggregate Fair Market Value that is greater than the applicable minimum required statutory withholding liability (but such withholding
          may in no event be in excess of the maximum statutory withholding amount(s) in a Participant’s relevant tax jurisdictions).

      

      

      (e)          No Claim to Awards; No Rights to Continued Employment; Waiver.  No employee of any member of the Company Group, or other Person, shall have any claim or right to be granted an Award under the Plan or, having been selected for the grant of an Award, to be selected for a grant of any other
            Award.  There is no obligation for uniformity of treatment of Participants or holders or beneficiaries of Awards.  The terms and conditions of Awards and the Committee’s determinations and interpretations with respect thereto need not be the
            same with respect to each Participant and may be made selectively among Participants, whether or not such Participants are similarly situated.  Neither the Plan nor any action taken hereunder shall be construed as giving any Participant any
            right to be retained in the employ or service of the Service Recipient or any other member of the Company Group, nor shall it be construed as giving any Participant any rights to continued service on the Board.  The Service Recipient or any
            other member of the Company Group may at any time dismiss a Participant from employment or discontinue any consulting relationship, free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan or any
            Award Agreement.  By accepting an Award under the Plan, a Participant shall thereby be deemed to have waived any claim to continued exercise or vesting of an Award or to damages or severance entitlement related to non-continuation of the Award
            beyond the period provided under the Plan or any Award Agreement, except to the extent of any provision to the contrary in any written employment contract or other agreement between the Service Recipient and/or any member of the Company Group
            and the Participant, whether any such agreement is executed before, on or after the Date of Grant.

      

      

      (f)          International Participants.  With respect to
            Participants who reside or work outside of the United States of America, the Committee may, in its sole discretion, amend the terms of the Plan and create or amend Sub-Plans or amend outstanding Awards with respect to such Participants in order
            to permit or facilitate participation in the Plan by such Participants,  conform such terms with the requirements of Applicable Law or to obtain more favorable tax or other treatment for a Participant or any member of the Company Group.

      

      

      (g)          Designation and Change of Beneficiary.  To the
            extent permitted under Applicable Law and by the Company, each Participant may file with the Committee a written designation of one or more Persons as the beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an
            Award, if any, due under the Plan upon the Participant’s death.  A Participant may, from time to time, revoke or change the Participant’s beneficiary designation without the consent of any prior beneficiary by filing a new designation with the
            Committee.  The last such designation received by the Committee shall be controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event
            shall it be effective as of a date prior to such receipt.  If no beneficiary designation is filed by a Participant, or in the event the Company determines that any such designation does not comply with Applicable Law, the beneficiary shall be
            deemed to be the Participant’s estate.

      

      

      (h)          Termination.  Except as otherwise provided in an
            Award Agreement, unless determined otherwise by the Committee at any point following such event: (i) neither a temporary absence from employment or service due to illness, vacation or leave of absence (including, without limitation, a call to
            active duty for military service through a Reserve or National Guard unit) nor a transfer from employment or service with one Service Recipient to employment or service with another Service Recipient (or vice-versa) shall be considered a
            Termination; and (ii) if a Participant undergoes a Termination, but such Participant continues to provide services to the Company Group in a non-employee capacity, such change in status shall not be considered a Termination for purposes of the
            Plan.  Further, unless otherwise determined by the Committee, in the event that any Service Recipient ceases to be a member of the Company Group (by reason of sale, divestiture, spin-off or other similar transaction), unless a Participant’s
            employment or service is transferred to another entity that would constitute a Service Recipient immediately following such transaction, such Participant shall be deemed to have suffered a Termination hereunder as of the date of the
            consummation of such transaction.

      

      

      
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      (i)          No Rights as a Stockholder.  Except as otherwise
            specifically provided in the Plan or any Award Agreement, no Person shall be entitled to the privileges of ownership in respect of shares of Common Stock which are subject to Awards hereunder until such shares have been issued or delivered to
            such Person.

      

      

      (j)          Government and Other Regulations.

      

      

      (i)          The obligation of the Company to settle Awards in shares of Common Stock or other consideration shall be subject to all Applicable Law.  Notwithstanding any terms or conditions of any Award to the contrary, the Company
          shall be under no obligation to offer to sell or to sell, and shall be prohibited from offering to sell or selling, any shares of Common Stock pursuant to an Award unless such shares have been properly registered for sale pursuant to the
          Securities Act with the Securities and Exchange Commission (or as otherwise permitted under Applicable Law) or unless the Company has received an opinion of counsel (if the Company has requested such an opinion), satisfactory to the Company, that
          such shares may be offered or sold without such registration pursuant to an available exemption therefrom and the terms and conditions of such exemption have been fully complied with.  The Company shall be under no obligation to register for sale
          under the Securities Act any of the shares of Common Stock to be offered or sold under the Plan.  The Committee shall have the authority to provide that all shares of Common Stock or other securities of any member of the Company Group issued
          under the Plan shall be subject to such stop-transfer orders and other restrictions as the Committee may deem advisable under the Plan, the applicable Award Agreement and Applicable Law, and, without limiting the generality of Section 8 of the
          Plan, the Committee may cause a legend or legends to be put on certificates representing shares of Common Stock or other securities of any member of the Company Group issued under the Plan to make appropriate reference to such restrictions or may
          cause such Common Stock or other securities of any member of the Company Group issued under the Plan in book-entry form to be held subject to the Company’s instructions or subject to appropriate stop-transfer orders.  Notwithstanding any
          provision in the Plan to the contrary, the Committee reserves the right to add, at any time, any additional terms or provisions to any Award granted under the Plan that the Committee, in its sole discretion, deems necessary or advisable in order
          that such Award complies with the legal requirements of any governmental entity to whose jurisdiction the Award is subject.

      

      

      (ii)          The Committee may cancel an Award or any portion thereof if it determines, in its sole discretion, that legal or contractual restrictions and/or blockage and/or other market considerations would make the Company’s
          acquisition of shares of Common Stock from the public markets, the Company’s issuance of Common Stock to the Participant, the Participant’s acquisition of Common Stock from the Company and/or the Participant’s sale of Common Stock to the public
          markets, illegal, impracticable or inadvisable.  If the Committee determines to cancel all or any portion of an Award in accordance with the foregoing, the Company shall, subject to any limitations or reductions as may be necessary to comply with
          Section 409A of the Code, (A) in the case of Options, SARs or other Awards subject to exercise, pay to the Participant an amount equal to the excess of (I) the aggregate Fair Market Value of the shares of Common Stock subject to such Award or
          portion thereof canceled (determined as of the applicable exercise date, or the date that the shares would have been vested or issued, as applicable); over (II) the aggregate Exercise Price or SAR Base Price (in the case of an Option or SAR,
          respectively) or any amount payable as a condition of issuance of shares of Common Stock (in the case of any other Award subject to exercise), or (B) in the case of Restricted Stock, Restricted Stock Units or Other Equity-Based Awards, provide
          the Participant with a cash payment or equity subject to deferred vesting and delivery consistent with the vesting restrictions applicable to such Restricted Stock, Restricted Stock Units or Other Equity-Based Awards, or the underlying shares in
          respect thereof.  Any applicable amounts shall be delivered to the Participant as soon as practicable following the cancellation of such Award or portion thereof.

      

      

      (k)          No Section 83(b) Elections Without Consent of Company.  No election under Section 83(b) of the Code or under a similar provision of law may be made unless expressly permitted by the terms of the applicable Award Agreement or by action of the Committee in writing prior to the making of
            such election.  If a Participant, in connection with the acquisition of shares of Common Stock under the Plan or otherwise, is expressly permitted to make such election and the Participant makes the election, the Participant shall notify the
            Company of such election within 10 days after filing notice of the election with the Internal Revenue Service or other governmental authority, in addition to any filing and notification required pursuant to Section 83(b) of the Code or other
            applicable provision.

      

      

      
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      (l)          Payments to Persons Other Than Participants.  If
            the Committee shall find that any Person to whom any amount is payable under the Plan is unable to care for the Participant’s affairs because of illness or accident, or is a minor, or has died, then any payment due to such Person or the
            Participant’s estate (unless a prior claim therefor has been made by a duly appointed legal representative) may, if the Committee so directs the Company, be paid to the Participant’s spouse, child, relative, an institution maintaining or having
            custody of such Person, or any other Person deemed by the Committee to be a proper recipient on behalf of such Person otherwise entitled to payment.  Any such payment shall be a complete discharge of the liability of the Committee and the
            Company therefor.

      

      

      (m)          Nonexclusivity of the Plan.  Neither the adoption
            of the Plan by the Board nor the submission of the Plan to the stockholders of the Company for approval shall be construed as creating any limitations on the power of the Board to adopt such other incentive arrangements as it may deem
            desirable, including, without limitation, the granting of equity-based awards otherwise than under the Plan, and such arrangements may be either applicable generally or only in specific cases.

      

      

      (n)          No Trust or Fund Created.  Neither the Plan nor
            any Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between any member of the Company Group, on the one hand, and a Participant or other Person, on the other hand.  No provision of
            the Plan or any Award shall require the Company, for the purpose of satisfying any obligations under the Plan, to purchase assets or place any assets in a trust or other entity to which contributions are made or otherwise to segregate any
            assets, nor shall the Company be obligated to maintain separate bank accounts, books, records or other evidence of the existence of a segregated or separately maintained or administered fund for such purposes.  Participants shall have no rights
            under the Plan other than as unsecured general creditors of the Company, except that insofar as they may have become entitled to payment of additional compensation by performance of services, they shall have the same rights as other service
            providers under general law.

      

      

      (o)          Reliance on Reports.  Each member of the Committee
            and each member of the Board shall be fully justified in acting or failing to act, as the case may be, and shall not be liable for having so acted or failed to act in good faith, in reliance upon any report made by the independent public
            accountant of any member of the Company Group and/or any other information furnished in connection with the Plan by any agent of the Company or the Committee or the Board, other than himself or herself.

      

      

      (p)          Relationship to Other Benefits.  No payment under
            the Plan shall be taken into account in determining any benefits under any pension, retirement, profit sharing, group insurance or other benefit plan of the Company except as otherwise specifically provided in such other plan or as required by
            Applicable Law.

      

      

      (q)          Governing Law.  The Plan shall be governed by and
            construed in accordance with the internal laws of the State of Delaware applicable to contracts made and performed wholly within the State of Delaware, without giving effect to the conflict of laws provisions thereof.  EACH PARTICIPANT WHO
            ACCEPTS AN AWARD IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY SUIT, ACTION, OR OTHER PROCEEDING INSTITUTED BY OR AGAINST SUCH PARTICIPANT IN RESPECT OF THE PARTICIPANT’S RIGHTS OR OBLIGATIONS UNDER THE PLAN OR ANY APPLICABLE AWARD
            AGREEMENT.

      

      

      (r)          Severability.  If any provision of the Plan or any
            Award or Award Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such
            provision shall be construed or deemed amended to conform to the Applicable Laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such
            provision shall be construed or deemed stricken as to such jurisdiction, Person or Award and the remainder of the Plan and any such Award shall remain in full force and effect.

      

      

      
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      (s)          Obligations Binding on Successors.  The
            obligations of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation or other reorganization of the Company, or upon any successor corporation or organization
            succeeding to substantially all of the assets and business of the Company.

      

      

      (t)          Section 409A of the Code.

      

      

      (i)          Notwithstanding any provision of the Plan to the contrary, it is intended that the provisions of the Plan comply with Section 409A of the Code, and all provisions of the Plan shall be construed and interpreted in a manner
          consistent with the requirements for avoiding taxes or penalties under Section 409A of the Code.  Each Participant is solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on or in respect of such
          Participant in connection with the Plan (including any taxes and penalties under Section 409A of the Code), and neither the Service Recipient nor any other member of the Company Group shall have any obligation to indemnify or otherwise hold such
          Participant (or any beneficiary) harmless from any or all of such taxes or penalties.  With respect to any Award that is considered “deferred compensation” subject to Section 409A of the Code, references in the Plan to “termination of employment”
          (and substantially similar phrases) shall mean “separation from service” within the meaning of Section 409A of the Code.  For purposes of Section 409A of the Code, each of the payments that may be made in respect of any Award granted under the
          Plan is designated as separate payments.

      

      

      (ii)          Notwithstanding anything in the Plan to the contrary, if a Participant is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code, no payments in respect of any Awards that are “deferred
          compensation” subject to Section 409A of the Code and which would otherwise be payable upon the Participant’s “separation from service” (as defined in Section 409A of the Code) shall be made to such Participant prior to the date that is six
          months after the date of such Participant’s “separation from service” or, if earlier, the date of the Participant’s death.  Following any applicable six month delay, all such delayed payments will be paid in a single lump sum on the earliest date
          permitted under Section 409A of the Code that is also a business day.

      

      

      (iii)          Unless otherwise provided by the Committee in an Award Agreement or otherwise, in the event that the timing of payments in respect of any Award (that would otherwise be considered “deferred compensation” subject to
          Section 409A of the Code) would be accelerated upon the occurrence of (A) a Change in Control, no such acceleration shall be permitted unless the event giving rise to the Change in Control satisfies the definition of a change in the ownership or
          effective control of a corporation, or a change in the ownership of a substantial portion of the assets of a corporation pursuant to Section 409A of the Code; or (B) a Disability, no such acceleration shall be permitted unless the Disability also
          satisfies the definition of “Disability” pursuant to Section 409A of the Code.

      

      

      (iv)          This Section 13(t) shall only apply with respect to Participants to whom Section 409A of the Code is applicable.

      

      

      (u)          Clawback/Repayment.  All Awards shall be subject
            to reduction, cancellation, forfeiture or recoupment to the extent necessary to comply with (i) any clawback, forfeiture or other similar policy adopted by the Board or the Committee and as in effect from time to time; and (ii) Applicable Law. 
            Further, unless otherwise determined by the Committee, to the extent that the Participant receives any amount in excess of the amount that the Participant should otherwise have received under the terms of the Award for any reason (including,
            without limitation, by reason of a financial restatement, mistake in calculations or other administrative error), the Participant shall be required to repay any such excess amount to the Company.

      

      

      
        20

        
          

      

      

      

      (v)          Detrimental Activity.  Notwithstanding anything to
            the contrary contained herein, if a Participant has engaged in any Detrimental Activity, as determined by the Committee, the Committee may, in its sole discretion, provide for one or more of the following:

      

      

      (i)          cancellation of any or all of such Participant’s outstanding Awards; or

      

      

      (ii)          forfeiture by the Participant of any gain realized in respect of Awards, and repayment of any such gain promptly to the Company.

      

      

      (w)          Right of Offset.  The Company will have the right
            to offset against its obligation to deliver shares of Common Stock (or other property or cash) under the Plan or any Award Agreement any outstanding amounts (including, without limitation, travel and entertainment or advance account balances,
            loans, repayment obligations under any Awards, or amounts repayable to the Company pursuant to tax equalization, housing, automobile or other employee programs) that the Participant then owes to any member of the Company Group and any amounts
            the Committee otherwise deems appropriate pursuant to any tax equalization policy or agreement.  Notwithstanding the foregoing, if an Award is “deferred compensation” subject to Section 409A of the Code, the Committee will have no right to
            offset against its obligation to deliver shares of Common Stock (or other property or cash) under the Plan or any Award Agreement if such offset could subject the Participant to the additional tax imposed under Section 409A of the Code in
            respect of an outstanding Award.

      

      

      (x)          Expenses; Titles and Headings.  The expenses of
            administering the Plan shall be borne by the Company Group.  The titles and headings of the sections in the Plan are for convenience of reference only, and in the event of any conflict, the text of the Plan, rather than such titles or headings,
            shall control.

      

      

    

  

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