Document:

Form of Delphi Automotive LLP Letter re: Special Bonus

 Exhibit 10.11 
 DELPHI AUTOMOTIVE LLP 
 June 30, 2010 

To: 
 Re: Special Bonus for Initial Public
Offering or Sale of the Company 
 Dear
                    : 
 Reference is
made to (i) that certain Delphi Automotive LLP Board of Managers 2010 Class E-1 Interest Incentive Plan (the “Director Plan”), (ii) the Second Amended and Restated Limited Partnership Agreement of the Delphi
Automotive LLP, dated as of June 30, 2010, as it may be amended from time to time (the “LLP Agreement”), and (iii) that certain Delphi Automotive, LLP 2010 Management Value Creation Plan (the “Management
Plan”). 
 This letter confirms that, within sixty (60) days following the earlier to occur of an Initial Public Offering (as
defined in the LLP Agreement) or a Sale of the Company (as defined in the Director Plan), in each case, at a time when the Implied Company Value (as defined below) exceeds six billion dollars ($6 billion), you shall be entitled to a lump sum cash
payment in an amount equal to two hundred and seventy five thousand dollars ($275,000) (the “Special Bonus”), subject to your continuous service on the Board of Managers of Delphi Automotive LLP or its successor (the
“Board”) through the date of such Initial Public Offering or Sale of the Company, as applicable. In the event that there is an Initial Public Offering or a Sale of the Company at a time when the Implied Company Value is less
than or equal to six billion dollars ($6 billion) or your service on the Board terminates prior to the earlier to occur of an Initial Public Offering or a Sale of the Company, you shall forfeit your right to receive the Special Bonus and this letter
shall be of no further force or effect; provided, that, in the event that your service on the Board is terminated without “cause” within ninety (90) days prior to an Initial Public Offering or a Sale of the Company,
notwithstanding the foregoing, a majority of the Independent Managers (as defined in the LLP Agreement) may, in their sole discretion, provide for the payment of the Special Bonus. 
 For purposes of this letter, the term “Implied Company Value” shall mean, upon the occurrence of an Initial Public Offering or a Sale of the Company, (i) the sum of all
Accrued Distributions (as defined in the Management Plan) plus any amounts distributed to the Class E-1 Holders (as defined in the LLP Agreement) in respect of, or to repurchase, Class E-1 Interests, in each case as of the date of the Initial
Public Offering or Sale of the Company, as applicable, plus (ii)(a) in the case of an Initial Public Offering, the sum of (1) the fair market value, based on the IPO Offering Price (as defined in the LLP Agreement), of the Common
Stock (as defined in the Management Plan) issued in respect of the Applicable Membership Interests (as defined in the Management Plan) and the Class E-1 Interests (as defined in the LLP Agreement) in connection with the Initial Public Offering,
(2) the fair market value, as reasonably determined by a majority of Independent Managers, of the Preferred Securities (as defined in the LLP Agreement) issued in respect of the Applicable Membership Interests in connection with the Initial
Public Offering, and (3) any cash distributed to the Class E-1 Interests pursuant to Section 14.13 of the LLP 

 
Agreement in connection with the Initial Public Offering, or (b) in the case of a Sale of the Company, the fair market value of the Applicable Membership Interests and the Class E-1
Interests outstanding as of the date of such Sale of the Company, as determined by a majority of Independent Managers based on the aggregate value of the proceeds received by the Company or its Members (as defined in the LLP Agreement), as
applicable, in connection with such Sale of the Company. 
 Sincerely, 

 

			
	DELPHI AUTOMOTIVE LLP
		
	By:	 	  

	 Name:
 Title:
	 	 John A. Krol
 Chairman of
the Board of Managers

	
	Acknowledged and Agreed:
	
	  

  
 - 2 -Long Term Incentive Plan

 Exhibit 10.15 
 DELPHI AUTOMOTIVE PLC 
 LONG TERM INCENTIVE PLAN 

Section 1. Purpose. The purpose of the Delphi Automotive PLC Long Term Incentive Plan (the “Plan”) is to
motivate and reward those employees, directors, consultants, advisors and other individuals who are expected to contribute significantly to the success of Delphi Automotive PLC (the “Company”) and its Affiliates to perform at the
highest level and to further the best interests of the Company and its shareholders. 
 Section 2. Eligibility.

 (a) Any employee, Non-Employee Director, consultant or other advisor of, or any other individual who provides services to, the
Company or any Affiliate shall be eligible to be selected to receive an Award under the Plan. 
 (b) Holders of equity
compensation awards granted by a company acquired by the Company (or whose business is acquired by the Company) or with which the Company combines are eligible for grants of Replacement Awards under the Plan. 

Section 3. Administration. 
 (a) The Plan shall be administered by the Committee. The Committee shall be appointed by the Board and shall consist of not less than three directors of the Board. To the extent necessary to comply with
applicable regulatory regimes, any action by the Committee shall require the approval of Committee members who are (i) independent, within the meaning of and to the extent required by applicable rulings and interpretations of the principal
stock market or exchange on which the Shares are quoted or traded; (ii) each a non-employee director within the meaning of Rule 16b-3 under the Exchange Act; and (iii) each an outside director within the meaning of Section 162(m) of
the Code. The Board may designate one or more directors as a subcommittee who may act for the Committee if necessary to satisfy the requirements of this Section. To the extent permitted by applicable law, the Committee may delegate to one or more
officers of the Company the authority to grant Awards, except that such delegation shall not be applicable to any Award for a person then covered by Section 16 of the Exchange Act or for a Non-Employee Director. The Committee may issue rules
and regulations for administration of the Plan. It shall meet at such times and places as it may determine. For the purposes of this Section 3(a), “officer” means an executive of the Company who is elected to his or her position by
the Board. 
 (b) Subject to the terms of the Plan and applicable law, the Committee (or its delegate) shall have full power and
authority to: (i) designate 

 
Participants; (ii) determine the type or types of Awards (including Replacement Awards) to be granted to each Participant under the Plan; (iii) determine the number of Shares to be
covered by (or with respect to which payments, rights or other matters are to be calculated in connection with) Awards; (iv) determine the terms and conditions of any Award; (v) determine whether, to what extent and under what
circumstances Awards may be settled or exercised in cash, Shares, other Awards, other property, net settlement or any combination thereof, or canceled, forfeited or suspended, and the method or methods by which Awards may be settled, exercised,
canceled, forfeited or suspended; (vi) determine whether, to what extent and under what circumstances cash, Shares, other Awards, other property and other amounts payable with respect to an Award under the Plan shall be deferred either
automatically or at the election of the holder thereof or of the Committee; (vii) interpret and administer the Plan and any instrument or agreement relating to, or Award made under, the Plan; (viii) establish, amend, suspend or waive such
rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (ix) make any other determination and take any other action that the Committee deems necessary or desirable for the
administration of the Plan. 
 (c) All decisions of the Committee shall be final, conclusive and binding upon all parties,
including the Company, its shareholders and Participants and any Beneficiaries thereof. 
 Section 4. Shares Available
for Awards. 
  (a) Subject to adjustment as provided in Section 4(c), (i) the maximum number of Shares
available for issuance under the Plan shall not exceed              Shares and (ii) no Participant may receive under the Plan in any calendar year (A) Options and SARs that relate
to more than 2,000,000 Shares or (B) if and to the extent that any such Awards are intended to constitute Section 162(m) Compensation and denominated in Shares, Restricted Stock, RSUs, Performance Awards or Other Stock-Based Awards that
relate to more than 2,000,000 Shares. Shares underlying Replacement Awards and Shares remaining available for grant under a plan of an acquired company or of a company with which the Company combines, appropriately adjusted to reflect the
acquisition or combination transaction, shall not reduce the number of Shares remaining available for grant hereunder. The maximum number of Shares available for issuance under Incentive Stock Options shall be
             and shall not be increased by operation of Section 4(b). 
  (b) Any Shares subject to an Award or to an equity-based award granted under a prior plan of the Company (other than a Replacement Award and any Award granted out of the authorized shares of an acquired
plan), that expires, 

  
 2 

 
is canceled, forfeited or otherwise terminates without the delivery of such Shares, including (i) the number of Shares surrendered or withheld in payment of any grant, acquisition, exercise
or hurdle price of such Award or award or taxes related to such Award or award and (ii) any Shares subject to such Award or award to the extent that Award or award is settled without the issuance of Shares, shall again be, or shall become,
available for issuance under the Plan. 
 (c) In the event that, as a result of any dividend or other distribution (whether in
the form of cash, Shares or other securities), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance
of warrants or other rights to acquire Shares or other securities of the Company, issuance of Shares pursuant to the anti-dilution provisions of securities of the Company, or other similar corporate transaction or event affecting the Shares, an
adjustment is necessary in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Committee shall adjust equitably any or all of: 

(i) the number and type of Shares (or other securities) which thereafter may be made the subject of Awards, including the
aggregate and individual limits specified in Section 4(a); 
 (ii) the number and type of Shares (or other
securities) subject to outstanding Awards; and 
 (iii) the grant, acquisition, exercise or hurdle price with
respect to any Award or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding Award; 
 provided,
however, that the number of Shares subject to any Award denominated in Shares shall always be a whole number. 
 (d) Any
Shares delivered pursuant to an Award may consist, in whole or in part, of authorized and unissued Shares or Shares acquired by the Company. 
 Section 5. Options. The Committee is authorized to grant Options to Participants with the following terms and conditions and with such additional terms and conditions, in either case not
inconsistent with the provisions of the Plan, as the Committee shall determine. 
 (a) The exercise price per Share under an
Option shall be determined by the Committee; provided, however, that, except in the case of Replacement Awards, such exercise price shall not be less than the Fair Market Value of a Share on the date of grant of such Option.

  
 3 

 (b) The term of each Option shall be fixed by the Committee but shall not exceed 10 years
from the date of grant of such Option. 
 (c) The Committee shall determine the time or times at which an Option may be exercised
in whole or in part. 
 (d) The Committee shall determine the method or methods by which, and the form or forms, including cash,
Shares, other Awards, other property, net settlement or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price, in which payment of the exercise price with respect thereto may be made or deemed
to have been made. 
 (e) The terms of any Incentive Stock Option granted under the Plan shall comply in all respects with the
provisions of Section 422 of the Code. 
 Section 6. Stock Appreciation Rights. The Committee is authorized
to grant SARs to Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine. 

(a) SARs may be granted under the Plan to Participants either alone (“freestanding”) or in addition to other Awards granted
under the Plan (“tandem”) and may, but need not, relate to a specific Option granted under Section 5. 
 (b) The
exercise or hurdle price per Share under a SAR shall be determined by the Committee; provided, however, that, except in the case of Replacement Awards, such exercise or hurdle price shall not be less than the Fair Market Value of a Share on
the date of grant of such SAR (or if granted in connection with an Option, on the grant date of such Option). 
 (c) The term of
each SAR shall be fixed by the Committee but shall not exceed ten years from the date of grant of such SAR. 
 (d) The Committee
shall determine the time or times at which a SAR may be exercised or settled in whole or in part. 
 (e) The Committee shall
determine the method or methods by which, and the form or forms, including cash, Shares, other Awards, other property, net settlement or any combination thereof, in which payment of the amount owing upon exercise or settlement of an SAR may be made.

 Section 7. Restricted Stock and RSUs. The Committee is authorized to grant Awards of Restricted Stock and RSUs
to Participants with the following 

  
 4 

 
terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine. 

(a) Shares of Restricted Stock and RSUs shall be subject to such restrictions as the Committee may impose (including any limitation on the
right to vote a Share of Restricted Stock or the right to receive any dividend, dividend equivalent or other right), which restrictions may lapse separately or in combination at such time or times, in such installments or otherwise, as the Committee
may deem appropriate. Without limiting the generality of the foregoing, if the Award relates to Shares on which dividends are declared during the period that the Award is outstanding, the Award shall not provide for the payment of such dividend (or
a dividend equivalent) to the Participant prior to the time at which such Award, or applicable portion thereof, becomes nonforfeitable, unless otherwise provided in the applicable Award Document. 

(b) Any share of Restricted Stock granted under the Plan may be evidenced in such manner as the Committee may deem appropriate, including
book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate is issued in respect of shares of Restricted Stock granted under the Plan, such certificate shall be registered in the name of the
Participant and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Restricted Stock. 
 (c) If and to the extent that the Committee intends that an Award granted under this Section 7 shall constitute or give rise to Section 162(m) Compensation, such Award may be structured in
accordance with the requirements of Section 8, including the performance criteria and the Award limitation set forth therein, and any such Award shall be considered a Performance Award for purposes of the Plan. 

(d) The Committee may provide in an Award Document that an Award of Restricted Stock is conditioned upon the Participant making or
refraining from making an election with respect to the Award under Section 83(b) of the Code. If a Participant makes an election pursuant to Section 83(b) of the Code with respect to an Award of Restricted Stock, the Participant shall be
required to file promptly a copy of such election with the Company. 
 (e) The Committee may determine the form or forms
(including cash, Shares, other Awards, other property or any combination thereof) in which payment of the amount owing upon settlement of any RSU Award may be made. 
 Section 8. Performance Awards. The Committee is authorized to grant Performance Awards to Participants with the following terms and conditions and

  
 5 

 
with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine. 

(a) Performance Awards may be denominated as a cash amount, a number of Shares or a combination thereof and are Awards which may be earned
upon achievement or satisfaction of performance conditions specified by the Committee. In addition, the Committee may specify that any other Award shall constitute a Performance Award by conditioning the right of a Participant to exercise the Award
or have it settled, and the timing thereof, upon achievement or satisfaction of such performance conditions as may be specified by the Committee. The Committee may use such business criteria and other measures of performance as it may deem
appropriate in establishing any performance conditions. Subject to the terms of the Plan, the performance goals to be achieved during any Performance Period, the length of any Performance Period, the amount of any Performance Award granted and the
amount of any payment or transfer to be made pursuant to any Performance Award shall be determined by the Committee. If the Performance Award relates to Shares on which dividends are declared during the Performance Period, the Performance Award
shall not provide for the payment of such dividend (or dividend equivalent) to the Participant prior to the time at which such Performance Award, or the applicable portion thereof, is earned. 

(b) Every Performance Award shall, if the Committee intends that such Award should constitute Section 162(m) Compensation, include a
pre-established formula, such that payment, retention or vesting of the Award is subject to the achievement during a Performance Period or Performance Periods, as determined by the Committee, of a level or levels of, or increases in, in each case as
determined by the Committee, one or more of the following performance measures with respect to the Company: overhead costs, general and administration expense, market price of a Share, market price appreciation of Share value, cash flow, reserve
value, net asset value, firm value, economic value added, earnings, earnings per Share, total shareholder return, net income, operating income, cash from operations, revenue growth, margin, pre-tax income, EBIT (earnings before interest and taxes),
EBITDA (earnings before interest, taxes, depreciation and amortization), net capital employed, return on assets, stockholder return, reserve replacement, return on equity, return on capital, production, assets, asset turnover, inventory turnover,
unit volume, sales, sales growth, capacity utilization, market share, increase in customer base, environmental health and safety, diversity, quality, or strategic business criteria consisting of one or more objectives based on meeting specified
goals relating to acquisitions or divestitures. Performance criteria may be measured on an absolute (e.g., plan or budget) or relative basis. Relative performance may be measured against a group of peer companies, a financial market index or
other 

  
 6 

 
acceptable objective and quantifiable indices. Except in the case of an award intended to qualify as Section 162(m) Compensation, if the Committee determines that a change in the business,
operations, corporate structure or capital structure of the Company, or the manner in which the Company conducts its business, or other events or circumstances render the performance objectives unsuitable, the Committee may modify the performance
objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable. Performance measures may vary from Performance Award to Performance Award, and from Participant to Participant,
and may be established on a stand-alone basis, in tandem or in the alternative. The Committee shall have the power to impose such other restrictions on Awards subject to this Section 8(b) as it may deem necessary or appropriate to ensure that
such Awards satisfy all requirements for Section 162(m) Compensation. The maximum amount of any Performance Award denominated in cash that is intended to constitute Section 162(m) Compensation that may be earned in any calendar year shall
not exceed $12,000,000. 
 (c) Settlement of Performance Awards; Other Terms. Settlement of Performance Awards shall be in
cash, Shares, other Awards, other property, net settlement or any combination thereof, in the discretion of the Committee. Performance Awards will be settled only after the end of the relevant Performance Period. The Committee may, in its
discretion, increase or reduce the amount of a settlement otherwise to be made in connection with a Performance Award but may not exercise discretion to increase any amount payable to a Covered Employee in respect of a Performance Award intended to
qualify as Section 162(m) Compensation. Any settlement that changes the form of payment from that originally specified shall be implemented in a manner such that the Performance Award and other related Awards do not, solely for that reason,
fail to qualify as Section 162(m) Compensation. 
 Section 9. Other Share-Based Awards. The Committee is
authorized, subject to limitations under applicable law, to grant to Participants such other Awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Shares or factors that may
influence the value of Shares, including convertible or exchangeable debt securities, other rights convertible or exchangeable into Shares, acquisition rights for Shares, Awards with value and payment contingent upon performance of the Company or
business units thereof or any other factors designated by the Committee. The Committee shall determine the terms and conditions of such Awards. Shares delivered pursuant to an Award in the nature of an acquisition right granted under this
Section 9 shall be acquired for such consideration, paid for at such times, by such methods and in such forms, including cash, Shares, other Awards, other property or any combination thereof, as the Committee shall

  
 7 

 
determine; provided that the acquisition price therefor shall not be less than the Fair Market Value of such Shares on the date of grant of such right. 

Section 10. Effect of Termination of Service or a Change in Control on Awards. 

(a) The Committee may provide, by rule or regulation or in any Award Document, or may determine in any individual case, the circumstances
in which, and the extent to which, an Award may be exercised, settled, vested, paid or forfeited in the event of a Participant’s Termination of Service prior to the end of a Performance Period or the vesting, exercise or settlement of such
Award. 
 (b) The Committee may set forth the treatment of an Award upon a Change in Control in the applicable Award Document.

 (c) In the case of an Option or SAR Award, except as otherwise provided in the applicable Award Document, upon a Change in
Control, a merger or consolidation involving the Company or any other event with respect to which the Committee deems it appropriate, the Committee may cause such Award to be canceled in consideration of (i) the full acceleration of such Award
and either (A) a period of at least ten days prior to such Change in Control, merger, consolidation or other event to exercise the Award or (B) a payment in cash or other consideration to the Participant who holds such Award in an amount
equal to the Intrinsic Value of such Award (which may be equal to but not less than zero), which, if in excess of zero, shall be payable upon the effective date of such Change in Control, merger, consolidation or other event or (ii) a
substitute award (which immediately upon grant shall have an Intrinsic Value equal to the Intrinsic Value of such Award and shall include terms and conditions not less favorable to the Participant than the terms and conditions of such Award).

 Section 11. General Provisions Applicable to Awards. 

(a) Awards shall be granted for no cash consideration or for such minimal cash consideration as may be required by applicable law.

 (b) Awards may, in the discretion of the Committee, be granted either alone or in addition to or in tandem with any other
Award or any award granted under any other plan of the Company. Awards granted in addition to or in tandem with other Awards, or in addition to or in tandem with awards granted under any other plan of the Company, may be granted either at the same
time as or at a different time from the grant of such other Awards or awards. 
 (c) Subject to the terms of the Plan, payments
or transfers to be made by the Company upon the grant, exercise or settlement of an Award may be made 

  
 8 

 
in the form of cash, Shares, other Awards, other property, net settlement or any combination thereof, as determined by the Committee in its discretion, and may be made in a single payment or
transfer, in installments or on a deferred basis, in each case in accordance with rules and procedures established by the Committee. Such rules and procedures may include provisions for the payment or crediting of reasonable interest on installment
or deferred payments or the grant or crediting of dividend equivalents in respect of installment or deferred payments. 
 (d)
Except as may be permitted by the Committee or as specifically provided in an Award Document, (i) no Award and no right under any Award shall be assignable, alienable, saleable or transferable by a Participant otherwise than by will or pursuant
to Section 11(d) and (ii) during a Participant’s lifetime, each Award, and each right under any Award, shall be exercisable only by the Participant or, if permissible under applicable law, by the Participant’s guardian or legal
representative; provided, however, that the Committee shall not permit, and an Award Document shall not provide for, any Award to be transferred or transferable to a third party for value or consideration without the approval of the
Company’s shareholders. The provisions of this Section 11(d) shall not apply to any Award that has been fully exercised or settled, as the case may be, and shall not preclude forfeiture of an Award in accordance with the terms thereof.

 (e) A Participant may designate a Beneficiary or change a previous Beneficiary designation at such times prescribed by the
Committee by using forms and following procedures approved or accepted by the Committee for that purpose. 
 (f) All certificates
for Shares and/or other securities delivered under the Plan pursuant to any Award or the exercise thereof shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules,
regulations and other requirements of the Securities and Exchange Commission, any stock market or exchange upon which such Shares or other securities are then quoted, traded or listed, and any applicable securities laws, and the Committee may cause
a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. 
 (g) The Committee
may specify in an Award Document that the Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to
any otherwise applicable vesting or performance conditions of an Award. Such events may include a Termination of Service with or without Cause (and, in the case of any Cause that is resulting from an indictment or other non-final determination, the
Committee may provide for such Award to be held in escrow or abeyance until a final resolution of the 

  
 9 

 
matters related to such event occurs, at which time the Award shall either be reduced, cancelled or forfeited (as provided in such Award Document) or remain in effect, depending on the outcome),
violation of material policies, breach of noncompetition, confidentiality or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/or
its Affiliates. 
 (h) If the Company is required to prepare an accounting restatement due to the material noncompliance of the
Company, as a result of misconduct, with any financial reporting requirement under the securities laws, and if the Participant knowingly or grossly negligently engaged in the misconduct, or knowingly or grossly negligently failed to prevent the
misconduct, or if the Participant is one of the individuals subject to automatic forfeiture under Section 304 of the United States Sarbanes-Oxley Act of 2002 (and not otherwise exempted), the Participant shall reimburse the Company the amount
of any payment in settlement of any Award earned or accrued during the twelve-month period following the first public issuance or filing with the United States Securities and Exchange Commission (whichever first occurred) of the financial document
not in compliance with such financial reporting requirement. Rights, payments and benefits under any Award shall be subject to repayment to or recoupment (clawback) by the Company in accordance with such policies and procedures as the Committee or
Board may adopt from time to time, including policies and procedures to implement applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations. 

Section 12. Amendments and Termination. 
 (a) Except to the extent prohibited by applicable law and unless otherwise expressly provided in an Award Document or in the Plan, the Board may amend, alter, suspend, discontinue or terminate the Plan or
any portion thereof at any time; provided, however, that no such amendment, alteration, suspension, discontinuation or termination shall be made without (i) shareholder approval, if such approval is required by applicable law or the
rules of the stock market or exchange, if any, on which the Shares are principally quoted or traded or (ii) the consent of the affected Participant, if such action would materially adversely affect the rights of such Participant under any
outstanding Award, except to the extent any such amendment, alteration, suspension, discontinuance or termination is made to cause the Plan to comply with applicable law, stock market or exchange rules and regulations or accounting or tax rules and
regulations. Notwithstanding anything to the contrary in the Plan, the Committee may amend the Plan in such manner as may be necessary to enable the Plan to achieve its stated purposes in any jurisdiction in a tax-efficient manner and in compliance
with local laws, rules 

  
 10 

 
and regulations. 
 (b) The Committee may waive any conditions or rights
under, amend any terms of, or amend, alter, suspend, discontinue or terminate any Award theretofore granted, prospectively or retroactively, without the consent of any relevant Participant or holder or Beneficiary of an Award; provided,
however, that no such action shall materially adversely affect the rights of any affected Participant or holder or Beneficiary under any Award theretofore granted under the Plan, except to the extent any such action is made to cause the Plan to
comply with applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations; provided further that, except as provided in Section 4(c), the Committee shall not without the approval of the
Company’s shareholders (a) lower the exercise price per Share of an Option or SAR after it is granted or take any other action that would be treated as a repricing of such Award under the rules of the principal stock market or exchange on
which the Company’s Shares are quoted or traded, or (b) cancel an Option or SAR when the exercise price per Share exceeds the Fair Market Value in exchange for cash or another Award (other than in connection with a Change in Control); and
provided further, that the Committee’s authority under this Section 12(b) is limited by the provisions of Section 11(d) and, in the case of Awards subject to Section 8(b), as provided in Section 8(b). 

(c) Except as provided in Section 8(b), the Committee shall be authorized to make adjustments in the terms and conditions of, and the
criteria included in, Awards in recognition of events (including the events described in Section 4(c)) affecting the Company, or the financial statements of the Company, or of changes in applicable law, stock market or exchange rules and
regulations or accounting or tax rules and regulations, whenever the Committee determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the
Plan. 
 (d) The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award in
the manner and to the extent it shall deem desirable to carry the Plan into effect. 
 Section 13. Miscellaneous.

 (a) No employee, Participant or other person shall have any claim to be granted any Award under the Plan, and there is no
obligation for uniformity of treatment of employees, Participants or holders or Beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to each recipient. Any Award granted under the Plan shall be
a one-time Award 

  
 11 

 
that does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future grants under the Plan. 

(b) The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of, or to continue to
provide services to, the Company or any Affiliate. Further, the Company or the applicable Affiliate may at any time dismiss a Participant, free from any liability, or any claim under the Plan, unless otherwise expressly provided in the Plan or in
any Award Document or in any other agreement binding the parties. The receipt of any Award under the Plan is not intended to confer any rights on the receiving Participant except as set forth in the applicable Award Document. 

(c) Nothing contained in the Plan shall prevent the Company from adopting or continuing in effect other or additional compensation
arrangements, and such arrangements may be either generally applicable or applicable only in specific cases. 
 (d) The Company
shall be authorized to withhold from any Award granted or any payment due or transfer made under any Award or under the Plan or from any compensation or other amount owing to a Participant the amount (in cash, Shares, other Awards, other property,
net settlement or any combination thereof) of applicable withholding taxes due in respect of an Award, its exercise or settlement or any payment or transfer under such Award or under the Plan and to take such other action (including providing for
elective payment of such amounts in cash or Shares by the Participant) as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes. 

(e) If any provision of the Plan or any Award Document 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 applicable laws, or if it cannot be so
construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award Document, such provision shall be stricken as to such jurisdiction, person or Award, and the remainder of the Plan
and any such Award Document shall remain in full force and effect. 
 (f) Neither the Plan nor any Award shall create or be
construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company and a Participant or any other person. To the extent that any person acquires a right to receive payments from the Company pursuant to an Award,
such right shall be no greater than the right of any unsecured general creditor of the Company. 

  
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 (g) No fractional Shares shall be issued or delivered pursuant to the Plan or any Award, and
the Committee shall determine whether cash or other securities shall be paid or transferred in lieu of any fractional Shares, or whether such fractional Shares or any rights thereto shall be canceled, terminated or otherwise eliminated. 

(h) Awards may be granted to Participants who are non-United States nationals or employed or providing services outside the United States,
or both, on such terms and conditions different from those applicable to Awards to Participants who are employed or providing services in the United States as may, in the judgment of the Committee, be necessary or desirable to recognize differences
in local law, tax policy or custom. The Committee also may impose conditions on the exercise or vesting of Awards in order to minimize the Company’s obligation with respect to tax equalization for Participants on assignments outside their home
country. 
 (i) The Company shall take responsibility for the information set out in the Plan. 

Section 14. Effective Date of the Plan. The Plan shall be effective as of the Effective Date. 

Section 15. Term of the Plan. No Award shall be granted under the Plan after the earliest to occur of (i) the ten-year
anniversary of the Effective Date, (ii) the maximum number of Shares available for issuance under the Plan have been issued or (iii) the Board terminates the Plan in accordance with Section 12(a). However, unless otherwise expressly
provided in the Plan or in an applicable Award Document, any Award theretofore granted may extend beyond such date, and the authority of the Committee to amend, alter, adjust, suspend, discontinue or terminate any such Award, or to waive any
conditions or rights under any such Award, and the authority of the Board to amend the Plan, shall extend beyond such date. 

Section 16. Section 409A of the Code. With respect to Awards subject to Section 409A of the Code, the Plan is
intended to comply with the requirements of Section 409A of the Code, and the provisions of the Plan and any Award Document shall be interpreted in a manner that satisfies the requirements of Section 409A of the Code, and the Plan shall be
operated accordingly. If any provision of the Plan or any term or condition of any Award would otherwise frustrate or conflict with this intent, the provision, term or condition will be interpreted and deemed amended so as to avoid this conflict. If
an amount payable under an Award as a result of the Participant’s Termination of Service (other than due to death) occurring while the Participant is a “specified employee” 

  
 13 

 
under Section 409A of the Code constitutes a deferral of compensation subject to Section 409A of the Code, then payment of such amount shall not occur until six months and one day after
the date of the Participant’s Termination of Service, except as permitted under Section 409A of the Code. Notwithstanding the foregoing, the tax treatment of the benefits provided under the Plan or any Award Document is not warranted or
guaranteed. 
 Section 17. Data Protection. By participating in the Plan, the Participant consents to the holding
and processing of personal information provided by the Participant to the Company or any Affiliate, trustee or third party service provider, for all purposes relating to the operation of the Plan. These include, but are not limited to: 

(i) administering and maintaining Participant records; 
 (ii) providing information to the Company, Affiliates, trustees of any employee benefit trust, registrars, brokers or third party administrators of the Plan; 

(iii) providing information to future purchasers or merger partners of the Company or any Affiliate, or the business in which the
Participant works; and 
 (iv) transferring information about the Participant to any country or territory that may not provide
the same protection for the information as the Participant’s home country. 
 Section 18. Governing Law. The
Plan and each Award Document shall be governed by the laws of the state of New York, without application of the conflicts of law principles thereof. 
 Section 19. Definitions. As used in the Plan, the following terms shall have the meanings set forth below: 
 (a) “Affiliate” means (i) any entity that, directly or indirectly, is controlled by the Company and (ii) any entity in which the Company, directly or indirectly, has a
significant equity interest, in each case as determined by the Committee. 
 (b) “Award” means any Option, SAR,
Restricted Stock, RSU, Performance Award or Other Stock-Based Award granted under the Plan. 
 (c) “Award
Document” means any agreement, contract or other instrument or document, which may be in electronic format, evidencing any 

  
 14 

 
Award granted under the Plan, which may, but need not, be executed or acknowledged by a Participant. 
 (d) “Beneficiary” means a person entitled to receive payments or other benefits or exercise rights that are available under the Plan in the event of the Participant’s death. If no
such person is named by a Participant, or if no Beneficiary designated by the Participant is eligible to receive payments or other benefits or exercise rights that are available under the Plan at the Participant’s death, such Participant’s
Beneficiary shall be such Participant’s estate. 
 (e) “Board” means the board of directors of the Company.

 (f) “Cause” means, with respect to any Participant, “cause” as defined in such Participant’s
Employment Agreement, if any, or if not so defined, except as otherwise provided in such Participant’s Award Document, such Participant’s: 
 (i) indictment for any crime (A) constituting a felony, or (B) that has, or could reasonably be expected to result in, an adverse impact on the performance of a Participant’s duties to the
Company, or otherwise has, or could reasonably be expected to result in, an adverse impact to the business or reputation of the Company; 
 (ii) having been the subject of any order, judicial or administrative, obtained or issued by the Securities and Exchange Commission for any securities violation involving fraud including, for example, any
such order consented to by the Participant in which findings of facts or any legal conclusions establishing liability are neither admitted nor denied; 
 (iii) conduct, in connection with his or her employment or service, which is not taken in good faith and has, or could reasonably be expected to result in, material injury to the business or reputation of
the Company; 
 (iv) willful violation of the Company’s Code of Conduct or other material policies set forth
in the manuals or statements of policy of the Company; 
 (v) willful neglect in the performance of a
Participant’s duties for the Company or willful or repeated failure or refusal to perform such duties; or 

  
 15 

 (vi) material breach of any applicable Employment Agreement or Lock-Up
Agreement. 
 The occurrence of any such event that is susceptible to cure or remedy shall not constitute Cause if such
Participant cures or remedies such event within 30 days after the Company provides notice to such Participant. 
 (g)
“Change in Control” means the occurrence of any one or more of the following events, except as otherwise provided in a Participant’s Award Document: 

(i) a direct or indirect change in ownership or control of the Company effected through one transaction or a series of
related transactions within a 12-month period, whereby any “person” (as defined in Section 3(a)(9) of the Exchange Act) or any two or more persons deemed to be one “person” (as used in Sections 13(d)(3) and 14(d)(2) of the
Exchange Act) (in each case a “Person”) other than the Company or an employee benefit plan maintained by the Company, directly or indirectly acquire or maintain “beneficial ownership” (within the meaning of Rule 13d-3 under the
Exchange Act) of securities of the Company constituting more than 30% of the total combined voting power of the Company’s equity securities outstanding immediately after such acquisition; provided, however, that the percentage in the
preceding clause shall be 50% if, immediately prior to such transaction or series of related transactions to acquire or maintain “beneficial ownership” of securities of the Company, the three largest holders of the Company’s equity
securities immediately following the Company’s initial public offering and funds managed by them (collectively, the “Principal Investors”) together possess more than 30% of the total combined voting power of the Company’s
outstanding equity securities and have not at any time on or since the Effective Date possessed 30% or less of the total combined voting power of the Company’s outstanding equity securities; 

(ii) at any time during a period of 12 consecutive months, individuals who at the beginning of such period constituted the
Board cease for any reason to constitute a majority of members of the Board; provided, however, that any new member of the Board whose election or nomination for election was approved by a vote of at least a majority of the directors then
still in office who either were directors at the beginning of such period or whose election or nomination for election was so approved, shall be considered as though such individual were a member of the Board at the beginning of the period, but
excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of 

  
 16 

 
an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other
than the Board; 
 (iii) the consummation of a merger or consolidation of the Company or any of its subsidiaries
with any other corporation or entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining
outstanding or being converted into voting securities of the surviving entity or, if applicable, the ultimate parent thereof) at least 50% of the combined voting power and total fair market value of the securities of the Company or such surviving
entity or parent outstanding immediately after such merger or consolidation; or 
 (iv) the consummation of any
sale, lease, exchange or other transfer to any Person (other than an Affiliate of the Company), in one transaction or a series of related transactions within a 12-month period, of all or substantially all of assets of the Company and its
subsidiaries. 
 (h) “Code” means the United States Internal Revenue Code of 1986, as amended from time to time,
and the rules, regulations and guidance thereunder. Any reference to a provision in the Code shall include any successor provision thereto. 
 (i) “Committee” means the Compensation and Human Resources Committee of the Board or such other committee as may be designated by the Board; provided that, with respect to any
Award granted to any Non-Employee Director, the “Committee” means the Nominating and Corporate Governance Committee of the Board or such other committee as may be designated by the Board. If the Board does not designate the
Committee, references herein to the “Committee” shall refer to the Board. 
 (j) “Covered Employee”
means an individual who is (i) either a “covered employee” or expected by the Committee to be a “covered employee,” in each case within the meaning of Section 162(m)(3) of the Code or (ii) expected by the Committee
to be the recipient of compensation (other than Section 162(m) Compensation) in excess of $1,000,000 for the tax year of the Company with regard to which a deduction in respect of such individual’s Award would be claimed. 

(k) “Disability” means, with respect to any Participant, “disability” as defined in such Participant’s
Employment Agreement, if any, or if not so defined, except as otherwise provided in such Participant’s Award Document: 

  
 17 

 (i) a permanent and total disability that entitles the Participant to
disability income payments under any long-term disability plan or policy provided by the Company under which the Participant is covered, as such plan or policy is then in effect; or 

(ii) if such Participant is not covered under a long-term disability plan or policy provided by the Company at such time
for whatever reason, then a “permanent and total disability” as defined in Section 22(e)(3) of the Code and, in this case, the existence of any such Disability will be certified by a physician acceptable to the Company. 

(l) “Effective Date” means the date on which the Plan is adopted by the Board and approved by the shareholders of the
Company. 
 (m) “Employment Agreement” means any employment, severance, consulting or similar agreement
(including any offer letter) between the Company or any of its Affiliates and a Participant. 
 (n) “Exchange
Act” means the United States Securities Exchange Act of 1934, as amended from time to time, and the rules, regulations and guidance thereunder. Any reference to a provision in the Exchange Act shall include any successor provision thereto.

 (o) “Fair Market Value” means (i) with respect to a Share, the closing price of a Share on the date in
question (or, if there is no reported sale on such date, on the last preceding date on which any reported sale occurred) on the principal stock market or exchange on which the Shares are quoted or traded, or if Shares are not so quoted or traded,
the fair market value of a Share as determined by the Committee, and (ii) with respect to any property other than Shares, the fair market value of such property determined by such methods or procedures as shall be established from time to time
by the Committee. 
 (p) “Good Reason” means, with respect to any Participant, “good reason” as
defined such Participant’s Employment Agreement, if any, or if not so defined, except as otherwise provided in such Participant’s Award Document, the occurrence of any one or both of the following events: 

(i) a material diminution in the Participant’s base salary; 

(ii) a material diminution in the Participant’s authority, duties, or responsibilities; 

(iii) a relocation of the Participant’s principal place of employment more than fifty (50) miles from its
location; or 

  
 18 

 (iv) any other action or inaction that constitutes a material breach by the Company of the
Participant’s Employment Agreement, if any; 
 in each case without the Participant’s consent. A Participant must provide notice to the
Company of the existence of any one or more of the conditions described in (i) through (iv) above within sixty (60) days of the initial existence of the condition, upon the notice of which the Company will have a period of thirty
(30) days during which it may remedy the condition before the condition gives rise to Good Reason. 
 (q) “Incentive
Stock Option” means an option representing the right to acquire Shares from the Company, granted in accordance with the provisions of Section 5, that meets the requirements of Section 422 of the Code. 

(r) “Intrinsic Value” with respect to an Option or SAR Award means (i) the excess, if any, of the price or implied
price per Share in a Change in Control or other event over the exercise or hurdle price of such Award multiplied by (ii) the number of Shares covered by such Award. 
 (s) “Lock-Up Agreement” means any agreement between the Company or any of its Affiliates and a Participant that provides for restrictions on the transfer of Shares held by such
Participant. 
 (t) “Non-Employee Director” means a member of the Board who is not an employee of the Company or
an Affiliate. 
 (u) “Non-Qualified Stock Option” means an option representing the right to acquire Shares from
the Company, granted in accordance with the provisions of Section 5, that is not an Incentive Stock Option. 
 (v)
“Option” means an Incentive Stock Option or a Non-Qualified Stock Option; provided, however, that any Option granted to a Non-Employee Director, consultant or other advisor shall be a Non-Qualified Stock Option. 

(w) “Other Stock-Based Award” means an Award granted in accordance with the provisions of Section 9. 

(x) “Participant” means the recipient of an Award granted under the Plan. 

(y) “Performance Award” means an Award granted in accordance with the provisions of Section 8. 

  
 19 

 (z) “Performance Period” means the period established by the Committee at
the time any Performance Award is granted or at any time thereafter during which any performance goals specified by the Committee with respect to such Award are measured. 
 (aa) “Replacement Award” means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with
which the Company, directly or indirectly, combines. 
 (bb) “Restricted Stock” means any Share granted in
accordance with the provisions of Section 7. 
 (cc) “RSU” means a contractual right granted in accordance
with the provisions of Section 7 that is denominated in Shares. Each RSU represents a right to receive the value of one Share. Awards of RSUs may include the right to receive dividend equivalents. 

(dd) “SAR” means any right granted in accordance with the provisions of Section 6 to receive upon exercise by a
Participant or settlement the excess of (i) the Fair Market Value of one Share on the date of exercise or settlement over (ii) the exercise or hurdle price of the right on the date of grant, or if granted in connection with an Option, on
the date of grant of the Option. 
 (ee) “Section 162(m) Compensation” means “qualified performance-based
compensation” within the meaning of Section 162(m) of the Code. 
 (ff) “Shares” means ordinary shares
of the Company. 
 (gg) “Termination of Service” means, 

(i) in the case of a Participant who is an employee of the Company or an Affiliate, cessation of the employment
relationship such that the Participant is no longer an employee of the Company or Affiliate; 
 (ii) in the case
of a Participant who is a Non-Employee Director, the date that the Participant ceases to be a member of the Board for any reason; or 
 (iii) in the case of a Participant who is a consultant or other advisor, the effective date of the cessation of the performance of services for the Company or an Affiliate; 

provided, however, that in the case of an employee, the transfer of employment 

  
 20 

 
from the Company to an Affiliate, from an Affiliate to the Company, from one Affiliate to another Affiliate or, unless the Committee determines otherwise, the cessation of employee status but the
continuation of the performance of services for the Company or an Affiliate as a member of the Board or a consultant or other advisor shall not be deemed a cessation of service that would constitute a Termination of Service; and provided
further, that a Termination of Service will be deemed to occur for a Participant employed by an Affiliate when an Affiliate ceases to be an Affiliate, unless such Participant’s employment continues with the Company or another Affiliate.

  
 21

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