Document:

EX-10.26.8

 Exhibit 10.26.8 

 
 

 
 RESTRICTED STOCK PROGRAM 

FEBRUARY 5, 2013 

KEY EMPLOYEE AWARD 

TERMS AND CONDITIONS 
 This Key Employee Award Terms and Conditions describes terms and conditions of Restricted Stock or Restricted Stock Unit Awards, as part of the ConocoPhillips Restricted Stock Program (Program), granted
under the 2011 Omnibus Stock and Performance Incentive Plan of ConocoPhillips (referred to as the Plan) by ConocoPhillips (Company) to certain eligible Employees (Employees). These Terms and Conditions, together with the Annual Award Summary given
to each Employee receiving an Award, form the Award Agreement (the Agreement) relating to the Awards described. The Agreement covers both Restricted Stock and Restricted Stock Units, and the term Employee covers recipients of Awards made either in
Restricted Stock or Restricted Stock Units. 
  

	1.	 Type and Size of Grant. Subject to the Plans and this Agreement, the Company grants to certain eligible Employees Restricted Stock or
Restricted Stock Units. Individual awards will be as set forth in the Annual Award Summary given to each Employee to whom an Award is granted. The Annual Award Summary for each Employee is made a part of this Agreement with regard to such Employee.

  

	2.	 Grant Date, Price, and Plan. The Grant Date is February 5, 2013. The Grant Price is set forth on the Award
Summary given to each Employee to whom an Award is granted. Awards are made under the 2011 Omnibus Stock and Performance Incentive Plan. 

  

	3.	 Restrictions, Forfeiture, and Lapse of Restrictions. The Restricted Stock or Restricted Stock Units subject hereto may be canceled or
forfeited as set forth herein. Except as otherwise noted in this Agreement, the following summary table describes restrictions and terms, forfeiture, and lapse of restrictions, subject to the more detailed provisions set forth below:

 Summary Table 
  

					
	 
	Summary of Termination Rules
	Status	  	 Termination

Date
	  	Forfeiture or Lapsing of
Restrictions
	 Retirement (age 55 and 5
 years of service)
	  	 Prior to 6

months from
 grant
date
	  	Canceled upon Termination
	  	 6 months from

grant date &

after
	  	Restrictions lapse on Termination date
	 Layoff
	  	 Prior to 6

months from
 grant
date
	  	Canceled upon Termination
	  	 6 months to 1

year from grant

date
	  	Award is prorated and restrictions on remaining stock/units lapse on Termination
date

  

					
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	 	  	 1
year from
 grant date &
 after
	  	Restrictions lapse on Termination date
	
Disability
	  	 Any date after

grant date
	  	Restrictions lapse on Termination date
	
Death
	  	 Any date after

grant date
	  	Restrictions lapse on Termination date
	Divestitures, outsourcing, and
moves to joint
ventures	  	 Any date after

grant date
	  	Canceled upon Termination, unless approval otherwise
	 All
other Terminations
	  	 	  	Canceled upon Termination

  

	(a)	 Restrictions and Terms. 

	 	(i)	 The Award shall be held in escrow by the Company until the lapsing of restrictions placed upon the Award. The Employee shall not have the right to
sell, transfer, assign, or otherwise dispose of Restricted Stock or Restricted Stock Units granted in an Award until the escrow is terminated. Except as set forth below, the Award shall be forfeited and the related Restricted Stock or Restricted
Stock Units canceled upon the Employee’s Termination of Employment with the Company prior to the lapsing of restrictions. Restrictions shall lapse on the Restricted Stock or Restricted Stock Units granted in an Award on the third anniversary of
the Grant Date. Upon the lapsing of restrictions, the number of shares of unrestricted Stock equal to the number of shares of Restricted Stock or Restricted Stock Units for which the restrictions have so lapsed shall be registered in the
Employee’s name, and the related shares of Restricted Stock or Restricted Stock Units shall be canceled; provided, however, that the Administrator may choose instead to issue any Restricted Stock with the restrictions removed, rather than
cancel such Restricted Stock and issue unrestricted Stock; and further provided, however, that in places where it is determined by the Administrator that payout in the form of unrestricted Stock is prohibited by law, regulation, or decree, or where
the cost of legal compliance to issue the unrestricted Stock would be unreasonably expensive, the Fair Market Value of such unrestricted Stock shall be paid in cash instead of settlement of the Award in unrestricted Stock. Cash payouts are only
permitted where such legal restrictions exist. Settlement of the Award in unrestricted Stock or cash payout, if any, shall be made upon the lapsing of restrictions on the Award, but, in any event, shall be made no later than March 15 of the
year following the year in which such restrictions lapse. 

	 	(ii)	 Restricted Stock Units do not have any voting rights or other rights generally associated with Stock, and are merely an obligation of the Company to
make settlement in accordance with the terms and conditions applicable to such Restricted Stock Units. Restricted Stock Units granted to Employees who are resident in the United States or the United Kingdom on the Grant Date shall accrue a dividend
equivalent at such times as an ordinary quarterly cash dividend is paid on the Stock of the Company, which dividend equivalent shall be paid in cash to the Employee to whom the Award was made. Restricted Stock Units granted to Employees other than
those described in the previous sentence shall not accrue a dividend equivalent. Payment of a dividend equivalent, if any, shall be made on the first day of the third month of each calendar quarter (or, if the New York Stock Exchange is not open on
such day, the first day that the New York Stock Exchange is open thereafter), and, in any event, shall be made no later than March 15 of the year following the year in which the ordinary quarterly cash dividend is paid.

	 	(iii)	 When an Award is made of Restricted Stock, such Restricted Stock will be held in escrow for the Employee to whom the Award is made. The Employee to
whom the Award is made will have all rights of ownership to such stock including, but not limited to, voting rights and the right to receive dividends, except that the Employee to whom the

  

					
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Award is made shall not have the right to sell, transfer, assign, or otherwise dispose of such shares until the escrow is terminated. The escrow shall end upon, and to the extent of, the lapsing
of restrictions. 

  

	(b)	 Termination of Employment. 

  

	 	(i)	 General Rule for Termination. If, prior to the date on which restrictions lapse in accordance with the schedule set forth in the Award, the
Employee’s employment with a Participating Company shall be terminated for any reason except death, Disability, Retirement, or Layoff, any Restricted Stock or Restricted Stock Units remaining in escrow pursuant to such Award shall be canceled
and all rights thereunder shall cease; provided, however, that the Authorized Party may, in its or his sole discretion, determine that all or any portion of an Award shall not be canceled due to Termination of Employment.

  

	 	(ii)	 Layoff Within Six Months. If, prior to a date six months from the date an Award is granted, the Employee’s employment with a
Participating Company shall be terminated by reason of Layoff, such Award shall be canceled and all rights thereunder shall cease. 

  

	 	(iii)	 Layoff Within One Year. If, on or after a date six months from the date an Award is granted but prior to a date one year from the date an
Award is granted, the Employee’s employment with a Participating Company shall be terminated by reason of Layoff, the Employee shall retain a prorated number of the Award shares or units granted. The number of Award shares or units retained
will be computed by multiplying the original number of Award shares or units granted by a fraction, the numerator of which is the number of full months of employment from the first day of the month in which the Award was granted until the date the
employee is terminated and the denominator of which is 12. Such calculation shall be rounded down to the nearest whole share. In such case, the restrictions on the prorated Award shall lapse on the date of Termination of the Employee from the employ
of the Company and its subsidiaries, and settlement shall be made in accordance with the settlement provisions above. 

  

	 	(iv)	 Layoff After One Year. If, on or after a date one year from the date an Award is granted, the Employee’s employment with a Participating
Company shall be terminated by reason of Layoff, the Employee shall retain all rights provided by the Award at the time of such Termination of Employment. In such case, the restrictions on the Award shall lapse on the date of Termination of the
Employee from the employ of the Company and its subsidiaries, and settlement shall be made in accordance with the settlement provisions above. 

  

	 	(v)	 Retirement After Six Months. If, on or after a date six months after the Grant Date of an Award, the Employee’s employment with a
Participating Company shall be terminated by reason of Retirement, the Employee shall retain all rights provided by the Award at the time of such Termination of Employment. In such case, the restrictions on the Award shall lapse on the date of
Termination of the Employee from the employ of the Company and its subsidiaries, and settlement shall be made in accordance with the settlement provisions above. 

 

	 	(vi)	 Disability. If, after the date the Award is granted, an Employee shall terminate employment following Disability of the Employee, the
Employee shall retain all rights provided by the Award at the time of such Termination of Employment. In such case, the restrictions on the Award shall lapse on the date of Termination of Employment from the employ of the Company and its
subsidiaries, and settlement shall be made in accordance with the settlement provisions above. 

  

	 	(vii)	 Death. If, after the date an Award is granted, a Employee shall die while in the employ of a Participating Company, or after
Termination of Employment by reason of 

  

					
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Retirement, Disability, or Layoff (and prior to the cancellation of the Award), the executor or administrator of the estate of the Employee or the person or persons to whom the Award shall have
been validly transferred by the executor or the administrator pursuant to will or the laws of descent and distribution shall have the right to settlement of the Award to the same extent the Employee would have, had the Employee not died. In such
case, the restrictions on the Award shall lapse upon the determination of death by the Administrator, and settlement shall be made in accordance with the settlement provisions above. No transfer of an Award, or of the unrestricted Stock or other
proceeds of an Award, by the Employee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Administrator shall have been furnished with written notice thereof and a copy of the will and such other
evidence as the Administrator may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of such Award. 

 

	 	(viii)	 Transfers and Leaves. Transfer of employment between Participating Companies shall not constitute Termination of Employment for the purpose
of any Award granted under the Program. Whether any leave of absence shall constitute Termination of Employment for the purposes of any Award granted under the Program shall be determined by the Administrator, in each case in accordance with
applicable law and by application of the policies and procedures adopted by the Company in relation to such leave of absence. 

  

	 	(ix)	 Divestiture, Outsourcing, or Move to Joint Venture. If, after the date the Award is granted, a Employee ceases to be employed by
Participating Company as a result of (a) the outsourcing of a function, (b) the sale or transfer of all or a portion of the equity interest of such Participating Company (removing it from the controlled group of companies of which the
Company is a part), (c) the sale of all or substantially all of the assets of such Participating Company to another employer outside of the controlled group of corporations (whether the Employee is offered employment or accepts employment with
the other employer), (d) the Termination of the Employee by a Participating Company followed by employment within a reasonable time with a company or other entity in which the Company owns, directly or indirectly, at least a 50% interest, prior
to exercise of an Award, or (e) any other sale of assets determined by the Authorized Party to be considered a divestiture under this program, the Authorized Party may, in its or his sole discretion, determine that all or a portion of any such
Award shall not be canceled. In such cases, the restrictions on the Award shall lapse on the date of Termination of the Employee from the employ of the Company and its subsidiaries, and settlement shall be made in accordance with the settlement
provisions above. 

  

	 	(x)	 Change of Control. In the event of a Change of Control, as defined hereafter, unless explicitly provided otherwise in the applicable Award
Agreement, all restrictions and other limitations applicable to any Restricted Stock or Restricted Stock Units granted in any Award shall lapse. With regard to such Restricted Stock, it shall become free of all restrictions and become fully vested
and transferable to the full extent of the original grant. With regard to such Restricted Stock Units, the Employee shall be vested in the Restricted Stock Units and the Restricted Stock Units shall be non-forfeitable upon the Change of Control.
Settlement in unrestricted Stock or cash shall be made at the same times and upon the same events as it would otherwise have been made in accordance with the settlement provisions above. 

 

	 	(xi)	 Notwithstanding anything herein to the contrary, in the event that this Award or the dividend equivalents associated with this Award are includible
in income pursuant to section 409A of the Internal Revenue Code, settlement of the Award or any other distribution hereunder due to Separation from Service with the Company and its subsidiaries shall not be made to a “specified employee”
(as that term is defined in section 409A(a)(2)(B)(i)) prior to six months after the specified employee’s Separation 

  

					
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from Service from the Company and its subsidiaries (or, if earlier, the date of death of the specified employee). 

 

	(c)	 Detrimental Activities and Suspension of Award. 

 

	 	(i)	 If the Authorized Party determines that, subsequent to the grant of any Award, the Employee has engaged or is engaging in any activity which, in the
sole judgment of the Authorized Party, is or may be detrimental to the Company or a subsidiary, the Authorized Party may cancel all or part of the Restricted Stock or Restricted Stock Units held in escrow pursuant to the Award or Awards granted to
that Employee. 

  

	 	(ii)	 If the Authorized Party, in its or his sole discretion, determines that the lapsing of restrictions on Restricted Stock or Restricted Stock Units
held in escrow pursuant to any Award has the possibility of violating any law, regulation, or decree pertaining to the Company or Employee, the Authorized Party may freeze or suspend the Employee’s right to settlement or payout of the Award
until such time as the lapse of restrictions would no longer, in the sole discretion of the Authorized Party, have the possibility of violating such law, regulation, or decree. 

 

	 	(iii)	 Notwithstanding anything herein to the contrary, any Award is subject to forfeiture or recoupment, in whole or in part, under applicable law,
including the Sarbanes-Oxley Act and the Dodd-Frank Act. 

  

	4.	 Assignment of Award Upon Death. Rights under the Plans and this Agreement cannot be assigned or transferred other than by
(i) will or (ii) the laws of descent and distribution. 

  

	5.	 Tax Withholding. In all cases the Employee will be responsible to pay all required withholding taxes associated with an Award. Should
a withholding tax obligation arise with regard to an Award or the lapsing of restrictions on Restricted Stock or Restricted Stock Units granted in an Award, the withholding tax may be satisfied by withholding shares of Stock. The value of the shares
of Stock withheld for this purpose shall not exceed the minimum withholding amount required by applicable laws and regulations. In cases where a withholding tax obligation arises prior to the lapse of restrictions on Restricted Stock or Restricted
Stock Units granted in an Award, the withholding tax may be satisfied instead by payment of cash by the Employee. Payment of cash shall not be allowed unless the Employee has elected to make such payment by payroll withholding over a period of six
months following the date the obligation shall arise, which election must be made within thirty days of the Grant Date of the relevant Award. If any interest is required under local laws, regulations, or decrees to be charged on or imputed against
the payroll withholding, the Employee shall be responsible for paying such interest, which shall be withheld from pay over the same six-month period. In cases where payment by payroll withholding cannot be made due to circumstances arising after the
election or where the Administrator has determined that such withholding would violate any applicable law, regulation, or decree, shares of Stock shall be withheld instead. When necessary, lapsing of restrictions may be accelerated by the Authorized
Party to the extent necessary to provide shares of Stock to satisfy any withholding tax obligation. This withholding tax obligation includes, but is not limited to, federal, state, and local taxes, including applicable non-U.S. taxes such as U.K.
PAYE. 

  

	6.	 Shareholder Rights for Restricted Stock Units. The Employee shall not have the rights of a shareholder until the Restricted Stock Unit
has been canceled and ownership of shares of Stock has been transferred to the Employee. As described above, the Company may pay dividend equivalents with regard to Restricted Stock Units in certain circumstances. 

 

	7.	 Certain Adjustments. In the event certain corporate transactions, recapitalizations, or stock splits occur while Restricted Stock or
Restricted Stock Units are outstanding, the Grant Price and the number of shares of Restricted Stock or Restricted Stock Units shall be correspondingly adjusted. 

  

					
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	8.	 Relationship to the Plan. In addition to the terms and conditions described in this Agreement, Awards are subject to all other
applicable provisions of the Plan. The decisions of the Committee with respect to questions arising as to the interpretation of the Plan or this Agreement and as to findings of fact, shall be final, conclusive, and binding.

  

	9.	 No Employment Guarantee. No provision of this Agreement shall confer any right upon the Employee to continued employment with any
Participating Company. 

  

	10.	 Governing Law. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of Delaware.

  

	11.	 Amendment. Without the consent of the Employee, this Agreement may be amended or supplemented (i) to cure any ambiguity or to
correct or supplement any provision herein which may be defective or inconsistent with any other provision herein, or (ii) to add to the covenants and agreements of the Company for the benefit of an Employee or to add to the rights of an
Employee or to surrender any right or power reserved to or conferred upon the Company in this Agreement, provided, in each case, that such changes or corrections shall not adversely affect the rights of the Employee with respect to the grant of an
Award evidenced hereby without the Employee’s consent, or (iii) to make such other changes as the Company, upon advice of counsel, determines are necessary or advisable because of the adoption or promulgation of, or change in or of the
interpretation of, any law or governmental rule or regulation, including any applicable federal or state securities or tax laws. 

  

					
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 DEFINITIONS 
 Capitalized terms not defined below shall have the meanings set forth in the Plan. 
 Authorized Party means the person who is authorized to approve an Award, exercise discretion or take action under the Administrative Procedure for the Restricted Stock Program and pursuant
to the Program. With regard to Senior Officers, the Committee is the Authorized Party. With regard to other Employees, the Chief Executive Officer, acting as the Special Equity Award Committee of the Board of Directors of the Company, is the
Authorized Party, although the Committee may act concurrently as the Authorized Party. 
 Award means any
Restricted Stock or Restricted Stock Units granted to an Employee pursuant to such applicable terms, conditions, and limitations as the Authorized Party may establish in order to fulfill the objectives of the Program. 

Change of Control has the meaning set forth in Attachment A to these Terms and Conditions. 

Committee means the Human Resources and Compensation Committee of the Board of Directors of the Company, or any successor
committee to it. 
 Company means ConocoPhillips, a Delaware corporation. 

Disability means a disability for which the employee in question has been determined to be entitled to either
(i) benefits under the applicable plan of long-term disability of the Company or its subsidiaries or (ii) disability benefits under the Social Security Act. In the absence of any such determination, the Authorized Party may make a
determination that the employee has a Disability. 
 Fair Market Value means, as of a particular
date, the mean between the highest and lowest sales price per share of such Stock on the consolidated transaction reporting system for the principal national securities exchange on which shares of Stock are listed on that date, or, if there shall
have been no such sale so reported on that date, on the next preceding date on which such a sale was so reported, or, at the discretion of the Committee, the price prevailing on the exchange at a designated time. 

Grant Price means the Fair Market Value for one share of Stock as of the date of the grant of an Award. Grant price is not
adjusted for any restrictions applicable to the Award. 
 Layoff means an applicable Termination of Employment due
to layoff under the ConocoPhillips Severance Pay Plan, the ConocoPhillips Executive Severance Plan, or the ConocoPhillips Key Employee Change in Control Severance Plan, or layoff or redundancy under any similar layoff or redundancy plan which the
Company or its subsidiaries may adopt from time to time. If all or any portion of the benefits under the redundancy or layoff plan are contingent on the employee’s signing a general release of liability, such Termination shall not be considered
as a “Layoff” for purposes of this Award unless the employee executes and does not revoke a general release of liability, acceptable to the Company, under the terms of such layoff or redundancy plan. In order to be considered a layoff for
purposes of this Award, the Termination of Employment must also be considered a Separation from Service. 
 Participating
Company includes ConocoPhillips and its 100% owned subsidiaries, including both those directly owned and those owned through subsidiaries, whose participation has been approved by the Authorized Party. 

Restricted Stock means shares of Stock that have certain restrictions attached to the ownership thereof. 

Restricted Stock Unit means a unit equal to one share of Stock (as determined by the Authorized Party)

  

					
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that is subject to forfeiture provisions or that has certain restrictions attached to the ownership thereof. 
 Retirement means Termination at age 55 or older with a minimum of 5 years service with a Participating Company; provided, however, that with regard to an Employee not on the United States
payroll, the CEO may approve the use of a different definition. Service is defined by the policies of the Participating Company. 
 Senior Officer means the Chairman of the Board, the CEO, all other executive officers of the Company (determined in accordance with the Company’s custom and practice pursuant to section
16(b) of the Securities Exchange Act of 1934, as amended), all other employees of the Company who report directly to the CEO and whose salary grade is 23 or higher, and all other employees of the Company whose salary grade is 26 or higher.

 Separation from Service means “separation from service” as that term is used in section 409A
of the Internal Revenue Code. 
 Stock means shares of common stock of the Company, par value $.01. Stock may also be referred to
as “Common Stock.” 
 Termination and Termination of Employment mean cessation of
employment with the Participating Companies, determined in accordance with the policies and practices of the Participating Company for whom the Employee was last performing services. 

  

					
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 Attachment A 
 Change of Control 
 The following definitions apply to the
Change of Control provision in Paragraph 10 of the Plan. 
 Affiliate shall have the meaning
ascribed to such term in Rule 12b-2 of the General Rules and Regulations under the Exchange Act, as in effect at the time of determination. 
 Associate shall mean, with reference to any Person, (a) any corporation, firm, partnership, association, unincorporated organization or other entity (other than the Company or a
subsidiary of the Company) of which such Person is an officer or general partner (or officer or general partner of a general partner) or is, directly or indirectly, the Beneficial Owner of 10% or more of any class of equity securities, (b) any
trust or other estate in which such Person has a substantial beneficial interest or as to which such Person serves as trustee or in a similar fiduciary capacity and (c) any relative or spouse of such Person, or any relative of such spouse, who
has the same home as such Person. 
 Beneficial Owner shall mean, with reference to any
securities, any Person if: 
 (a) such Person or any of such Person’s Affiliates and
Associates, directly or indirectly, is the “Beneficial Owner” of (as determined pursuant to Rule 13d-3 of the General Rules and Regulations under the Exchange Act, as in effect at the time of determination) such securities or
otherwise has the right to vote or dispose of such securities; 
 (b) such Person or any of such
Person’s Affiliates and Associates, directly or indirectly, has the right or obligation to acquire such securities (whether such right or obligation is exercisable or effective immediately or only after the passage of time or the occurrence of
an event) pursuant to any agreement, arrangement or understanding (whether or not in writing) or upon the exercise of conversion rights, exchange rights, other rights, warrants or options, or otherwise; provided, however, that a Person shall not be
deemed the Beneficial Owner of, or to “beneficially own,” (i) securities tendered pursuant to a tender or exchange offer made by such Person or any of such Person’s Affiliates or Associates until such tendered securities are
accepted for purchase or exchange or (ii) securities issuable upon exercise of Exempt Rights; or 
 (c) such Person or any of such Person’s Affiliates or Associates (i) has any agreement, arrangement or understanding (whether or not in writing) with any other Person (or any Affiliate or
Associate thereof) that beneficially owns such securities for the purpose of acquiring, holding, voting (except as set forth in the proviso to subsection (a) of this definition) or disposing of such securities or (ii) is a member of a
group (as that term is used in Rule 13d-5(b) of the General Rules and Regulations under the Exchange Act) that includes any other Person that beneficially owns such securities; 
 provided, however, that nothing in this definition shall cause a Person engaged in business as an underwriter of securities to be the Beneficial Owner of, or to beneficially own, any securities acquired
through such Person’s participation in good faith in a firm commitment underwriting until the expiration of 40 days after the date of such acquisition. For purposes hereof, “voting” a security shall include voting, granting a proxy,
consenting or making a request or demand relating to corporate action (including, without limitation, a demand for a shareholder list, to call a shareholder meeting or to inspect corporate books and records) or otherwise giving an authorization
(within the meaning of Section 14(a) of the Exchange Act) in respect of such security. 
 The terms
beneficially own and beneficially owning shall have meanings that are correlative to this definition of the term Beneficial Owner. 

  

					
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 Board shall have the meaning set forth in the foregoing Plan.

 Change of Control shall mean any of the following occurring on or after May 11, 2011:

 (a) any Person (other than an Exempt Person) shall become the Beneficial Owner of 20% or more
of the shares of Common Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of the Company then outstanding; provided, however, that no Change of Control shall be deemed to occur for purposes of this
subsection (a) if such Person shall become a Beneficial Owner of 20% or more of the shares of Common Stock or 20% or more of the combined voting power of the Voting Stock of the Company solely as a result of (i) an Exempt Transaction or
(ii) an acquisition by a Person pursuant to a reorganization, merger or consolidation, if, following such reorganization, merger or consolidation, the conditions described in clauses (i), (ii) and (iii) of subsection (c) of
this definition are satisfied; 
 (b) individuals who, as of May 11, 2011, constitute the
Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to May 11, 2011 whose election, or nomination for election by the
Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board; provided, further, that there shall
be excluded, for this purpose, any such individual whose initial assumption of office occurs as a result of any actual or threatened Election Contest that is subject to the provisions of Rule 14a-11 of the General Rules and Regulations under
the Exchange Act; 
 (c) the Company shall consummate a reorganization, merger, or
consolidation, in each case, unless, following such reorganization, merger, or consolidation, (i) 50% or more of the then outstanding shares of common stock of the corporation, or common equity securities of an entity other than a corporation,
resulting from such reorganization, merger, or consolidation and the combined voting power of the then outstanding Voting Stock of such corporation or other entity are beneficially owned, directly or indirectly, by all or substantially all of the
Persons who were the Beneficial Owners of the outstanding Common Stock immediately prior to such reorganization, merger, or consolidation in substantially the same proportions as their ownership, immediately prior to such reorganization, merger, or
consolidation, of the outstanding Common Stock, (ii) no Person (excluding any Exempt Person or any Person beneficially owning, immediately prior to such reorganization, merger, or consolidation, directly or indirectly, 20% or more of the Common
Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of the Company then outstanding) beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock of the corporation, or
common equity securities of an entity other than a corporation, resulting from such reorganization, merger, or consolidation or the combined voting power of the then outstanding Voting Stock of such corporation or other entity, and (iii) at
least a majority of the members of the board of directors of the corporation, or the body which is most analogous to the board of directors of a corporation if not a corporation, resulting from such reorganization, merger, or consolidation were
members of the Incumbent Board at the time of the initial agreement or initial action by the Board providing for such reorganization, merger, or consolidation; or 

(d) (i) the shareholders of the Company shall approve a complete liquidation or dissolution of the
Company unless such liquidation or dissolution is approved as part of a plan of liquidation and dissolution involving a sale or disposition of all or substantially all of the assets of the Company to a corporation with respect to which, following
such sale or other disposition, all of the requirements of clauses (ii)(A), (B), and (C) of this subsection (d) are satisfied, or (ii) the Company shall consummate the sale or other disposition of all or substantially all of
the assets of the Company, other than to a corporation or other entity, with respect to which, following such sale or other disposition, 

  

					
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(A) 50% or more of the then outstanding shares of common stock of such corporation, or common equity securities of an entity other than a corporation, and the combined voting power of the
Voting Stock of such corporation or other entity is then beneficially owned, directly or indirectly, by all or substantially all of the Persons who were the Beneficial Owners of the outstanding Common Stock immediately prior to such sale or other
disposition in substantially the same proportion as their ownership, immediately prior to such sale or other disposition, of the outstanding Common Stock, (B) no Person (excluding any Exempt Person and any Person beneficially owning,
immediately prior to such sale or other disposition, directly or indirectly, 20% or more of the Common Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of the Company then outstanding) beneficially owns,
directly or indirectly, 20% or more of the then outstanding shares of common stock of such corporation, or common equity securities of an entity other than a corporation, and the combined voting power of the then outstanding Voting Stock of such
corporation or other entity, and (C) at least a majority of the members of the board of directors of such corporation, or the body which is most analogous to the board of directors of a corporation if not a corporation, were members of the
Incumbent Board at the time of the initial agreement or initial action of the Board providing for such sale or other disposition of assets of the Company. 
 Common Stock shall have the meaning set forth in the foregoing Plan. 
 Company shall have the meaning set forth in the foregoing Plan. 
 Election Contest shall mean a solicitation of proxies of the kind described in Rule 14a-12(c) under the Exchange Act. 

Exchange Act shall mean the Securities Exchange Act of 1934, as amended. 

Exempt Person shall mean any of the Company, any subsidiary of the Company, any employee benefit plan of
the Company or any subsidiary of the Company, and any Person organized, appointed or established by the Company for or pursuant to the terms of any such plan. 
 Exempt Rights shall mean any rights to purchase shares of Common Stock or other Voting Stock of the Company if at the time of the issuance thereof such rights are not separable from such
Common Stock or other Voting Stock (i.e., are not transferable otherwise than in connection with a transfer of the underlying Common Stock or other Voting Stock), except upon the occurrence of a contingency, whether such rights exist as of
May 11, 2011 or are thereafter issued by the Company as a dividend on shares of Common Stock or other Voting Securities or otherwise. 
 Exempt Transaction shall mean an increase in the percentage of the outstanding shares of Common Stock or the percentage of the combined voting power of the outstanding Voting Stock of the
Company beneficially owned by any Person solely as a result of a reduction in the number of shares of Common Stock then outstanding due to the repurchase of Common Stock or Voting Stock by the Company, unless and until such time as (a) such
Person or any Affiliate or Associate of such Person shall purchase or otherwise become the Beneficial Owner of additional shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or additional Voting Stock
representing 1% or more of the combined voting power of the then outstanding Voting Stock, or (b) any other Person (or Persons) who is (or collectively are) the Beneficial Owner of shares of Common Stock constituting 1% or more of the then
outstanding shares of Common Stock or Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock shall become an Affiliate or Associate of such Person. 

Person shall mean any individual, firm, corporation, partnership, association, trust, unincorporated
organization or other entity. 

  

					
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	  	Page 11 of 13	  	

 Voting Stock shall mean, (1) with respect to a
corporation, all securities of such corporation of any class or series that are entitled to vote generally in the election of, or to appoint by contract, directors of such corporation (excluding any class or series that would be entitled so to vote
by reason of the occurrence of any contingency, so long as such contingency has not occurred) and (ii) with respect to an entity which is not a corporation, all securities of any class or series that are entitled to vote generally in the
election of, or to appoint by contract, members of the body which is most analogous to the board of directors of a corporation. 

  

					
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	  	Page 12 of 13	  	

 Attachment B 
 2013 Restricted Stock Unit Early Vesting Schedule for Layoff & Retirement 
  

							
	 Termination Date
	  	  	  	US/UK and Global Grant Payout
%
	  	 	  	Retirement	  	Layoff
	 Less than 6 months
	  		  	0%	  	0%
	 Aug 5-Aug 31, 2013
	  		  	100%	  	50%
	 Sep-2013
	  		  	100%	  	58%
	 Oct-2013
	  		  	100%	  	67%
	 Nov-2013
	  		  	100%	  	75%
	 Dec-2013
	  		  	100%	  	83%
	 Jan 1-Feb 4, 2014
	  		  	100%	  	92%
	 Feb 5-Feb 28, 2014
	  		  	100%	  	100%
	 Mar 2014 - Feb 2016
	  	 	  	100%	  	100%

  

	 	*	 For purposes of this table, Termination Date is the first day a participant is no longer employed by and performing services for ConocoPhillips or
its subsidiaries. 

  

					
	 Effective 2/5/2013
	  	Page 13 of 13EX-10.26.9

 Exhibit 10.26.9 

 
 

 
 STOCK OPTION PROGRAM 

FEBRUARY 5, 2013 

KEY EMPLOYEE AWARD 

TERMS AND CONDITIONS 
 This Key Employee Award Terms and Conditions describes terms and conditions of Stock Option (or Stock Appreciation Rights) Awards, as part of the ConocoPhillips Stock Option Program (Program), granted
under the 2011 Omnibus Stock and Performance Incentive Plan of ConocoPhillips (referred to as the Plan) by ConocoPhillips (Company) to certain eligible Employees (Employees). These Terms and Conditions, together with the Annual Award Summary given
to each Employee receiving an Award, form the Award Agreement (the Agreement) relating to the Awards described. The Agreement covers both Stock Options and Stock Appreciation Rights, and the term Employee covers recipients of Awards made either in
Stock Options or Stock Appreciation Rights. 
  

	1.	 Type and Size of Grant.   Subject to the Plan and this Agreement, the Company grants to certain eligible Employees a
Nonqualified Stock Option to purchase all or any part of an aggregate number of shares of Common Stock of the Company. In certain countries, grants will be in the form of Stock Appreciation Rights (SARs). Individual awards will be as set forth in
the Annual Award Summary given to each Employee to whom an Award is granted. The Annual Award Summary for each Employee is made a part of this Agreement with regard to such Employee. 

 

	2.	 Grant Date, Price, and Plan.   The grant date is February 5, 2013 and the Grant Price is set forth on the
Award Summary given to each Employee to whom an Award is granted. Awards are made under the 2011 Omnibus Stock and Performance Incentive Plan. 

  

	3.	 Term of Awards, Exercise Installments, and Last Date to Exercise.   Except as otherwise noted in this Agreement, the
following summary table describes term of awards, exercise installments, and last date to exercise, subject to the more detailed provisions set forth below: 

  

					
	 Effective 2/5/2013
	  	- 1 -	  	

 Summary Table 
  

					
	  
 Summary of Exercise Rules

	Status	  	Condition	  	Last Date to Exercise
	 Active Employee
	  	 	  	10 years from grant date
	 Retirement (age 55 and 5 years of service)
	  	Prior to 6 months from grant date	  	Canceled upon Termination
	  	6 months from grant date & after	  	10 years from grant date
	 Layoff
	  	Prior to 6 months from grant date	  	Canceled upon Termination
	  	6 months to 1 year from grant date	  	10 years from grant date (award is
prorated)
	  	1 year from grant date & after	  	10 years from grant date
	 Disability
	  	Any date after grant date	  	10 years from grant date
	 Death
	  	Any date after grant date	  	10 years from grant date
	 Divestitures, outsourcing, and moves to joint ventures
	  	Any date after grant date	  	Canceled upon Termination, unless approval
otherwise
	 All other Terminations
	  	 	  	Canceled upon Termination

  

	 	(a)	 Exercise Installments and Expiration.   Stock Options/SAR’s granted under this Agreement will become exercisable to the extent
that one third of the number of shares of Stock subject to the Stock Option/SAR (rounded down to nearest whole share) shall be exercisable on the first anniversary date of the Stock Option/SAR grant. On the second anniversary date of the Stock
Option/SAR grant, an additional one third of the number of shares of Stock (rounded down to nearest whole share) shall become exercisable. On the third anniversary date of the Stock Option/SAR grant, the remaining shares shall become exercisable. To
the extent that an installment is not exercised when it becomes first exercisable, it will remain exercisable at any time thereafter until the Award shall be canceled, expire, or be surrendered. A Stock Option or SAR expires on the tenth anniversary
of the date on which it was granted. 

  

	 	(b)	 Last Date to Exercise (Terminations). 

	 	(i)	 General Rule for Termination.   If, prior to the exercise of Stock Options/SAR grants, the Optionee’s employment with a
Participating Company shall be terminated for any reason except death, Disability, Retirement, or Layoff, such Award shall be canceled and all rights thereunder shall cease; provided that the Authorized Party may, in its or his sole discretion,
determine that all or any portion of any other Award shall not be canceled due to Termination of Employment. 

  

					
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	  	- 2 -	  	

	 	(ii)	 Layoff Within Six Months.   If, prior to a date six months from the date an Award is granted, the Optionee’s employment with a
Participating Company shall be terminated by reason of Layoff, such Award shall be canceled and all rights thereunder shall cease. 

  

	 	(iii)	 Layoff After Six Months but Within One Year.   If, on or after a date six months from the date an Award is granted but prior to a
date one year from the date an Award is granted, the Optionee’s employment with a Participating Company shall be terminated by reason of Layoff, the Optionee shall retain a prorated number of the Award shares granted. The number of Award shares
retained will be computed by multiplying the original number of Award shares granted by a fraction, the numerator of which is the number of full months of employment from the first day of the month in which the Award was granted until the date the
employee is terminated and the denominator of which is 12. Such calculation shall be rounded down to the nearest whole share. 

  

	 	(iv)	 Layoff After One Year.   If, on or after a date one year from the date an Award is granted, the Optionee’s employment with a
Participating Company shall be terminated by reason of Layoff, the Optionee shall retain all rights provided by the Award at the time of such Termination of Employment. 

 

	 	(v)	 Retirement After Six Months.   If, on or after a date six months from the Grant Date of an Award, the Optionee’s employment
with a Participating Company shall be terminated by reason of Retirement, the Optionee shall retain all rights provided by the Award at the time of such Termination of Employment. 

 

	 	(vi)	 Disability.   If, after the date the Award is granted, an Optionee shall terminate employment following Disability of the Optionee,
the Optionee shall retain all rights provided by the Award at the time of such Termination of Employment. 

  

	 	(vii)	 Death.   If, after the date an Award is granted, an Optionee shall die while in the employ of a Participating Company, or
after Termination of Employment by reason of Retirement, Disability, or Layoff (and prior to the cancellation of the Award), the executor or administrator of the estate of the Optionee or the person or persons to whom the Award shall have been
validly transferred by the executor or the administrator pursuant to will or the laws of descent and distribution shall have the right to exercise the Award to the same extent the Optionee could have, had the Optionee not died. No transfer of an
Award by the Optionee by will or by the laws of descent and distribution shall be effective to bind the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence as the Company
may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of such Award. 

 

	 	(viii)	 Transfers and Leaves.   Transfer of employment between Participating Companies shall not constitute Termination of Employment for
the purpose of any Award granted under the Program. Whether any leave of absence shall constitute Termination of Employment for the purposes of any Award granted under the Program shall be determined in each case in accordance with applicable law
and by application of the policies and procedures adopted by the Company in relation to such leave of absence. 

  

	 	(ix)	 Divestiture, Outsourcing, or Move to Joint Venture.   If, after the date the Award is granted, an Optionee ceases to be employed by
a Participating Company as a result of (a) the outsourcing of a function, (b) the sale or transfer of all or a portion of the equity 

  

					
	 Effective 2/5/2013
	  	- 3 -	  	

	 	 
interest of such Participating Company (removing it from the controlled group of companies of which the Company is a part), (c) the sale of all or substantially all of the assets of such
Participating Company to another employer outside of the controlled group of corporations (whether the Optionee is offered employment or accepts employment with the other employer), (d) the Termination of the Optionee by Participating Company
followed by employment within a reasonable time with a company or other entity in which the Company owns, directly or indirectly, at least a 50% interest, prior to exercise of an Award, or (e) any other sale of assets determined by the
Authorized Party to be considered a divestiture under this program, the Authorized Party may, in its or his sole discretion, determine that all or a portion of any such Award shall not be canceled. 

 

	 	(c)	 Detrimental Activities and Suspension of Exercises. 

	 	(i)	 If the Authorized Party determines that, subsequent to the grant of any Award, the Employee has engaged or is engaging in any activity which, in the
sole judgment of the Authorized Party, is or may be detrimental to the Company or a subsidiary, the Authorized Party may suspend the right of the Employee to exercise, refuse to honor the exercise of such Employee’s Awards already requested, or
cancel all or part of the Award or Awards granted to that Employee. 

  

	 	(ii)	 If the Authorized Party, in its or his sole discretion, determines that the exercise of any Award has the possibility of violating any law,
regulation, or decree pertaining to the Company, a subsidiary, or the Employee, the Authorized Party may freeze or suspend the Employee’s right to exercise until such time as the exercise of the Award would no longer, in the sole discretion of
the Authorized Party, have the possibility of violating such law, regulation, or decree. 

  

	 	(iii)	 Notwithstanding anything herein to the contrary, any Award is subject to forfeiture or recoupment, in whole or in part, under applicable law,
including the Sarbanes-Oxley Act and the Dodd-Frank Act. 

  

	4.	 Exercising the Stock Option.   The Company has retained outside firms to administer Stock Options (and SARs) granted under
the Plans (the “third party administrators”). The Option (or SAR) must be exercised in accordance with methods and at times set by the third party administrator and by the Employee’s delivering to the third party administrators such
authorization as may be required. 

  

	5.	 Payment for Shares.   The Grant Price for all shares of Stock purchased upon the exercise of a Stock Option, or a portion
thereof, shall be paid in full at the time of such exercise. Such payment may be made in cash or by tendering shares of Stock having a value on the date of exercise equal to the Grant Price. Such value shall be the average of the high and low
trading prices of the stock on the day of exercise. If the Optionee makes payment of the Grant Price by tendering shares of Stock, such Stock must be registered in the sole name of the Optionee on the exercise date or an appropriate Stock Power
acceptable to the Company to transfer such stock to the sole name of the Optionee must be provided at the time of exercise. In the case of an Optionee who makes payment of the Grant Price by tendering shares of Stock, if the Company deems it
appropriate, and if allowed by the applicable laws, regulations and rulings, the Company may accept an attestation from the Optionee in lieu of actual physical delivery to the Company of the shares to be tendered. The attestation must indicate the
number of shares held, and if deemed necessary by the Company, the certificate numbers if the Stock is held in certificate form, or the broker and brokerage account number if the shares are held in a brokerage account, and any other information
necessary to confirm ownership of the shares. The Company may not accept an attestation in lieu of physical delivery of the shares unless the shares are 

  

					
	 Effective 2/5/2013
	  	- 4 -	  	

	 	 
held in the sole name of the Optionee either in certificate form, or in a single brokerage account, or in such other form as the Company may deem appropriate. Depending on its source, Stock
tendered in the exercise of a Stock Option must have met the appropriate holding period required by current tax, accounting, legal, or other applicable rules and regulations. At the election of the Optionee (but subject to any administrative
limitations on exercise of Stock Options or permissible methods of option exercise imposed), the Stock Option may also be exercised by a “net-share settlement” method for exercising outstanding nonqualified stock options. The Committee, in
its sole discretion and judgment, limit the extent to which shares of Stock may be used in exercising Stock Options or limit the use of any method or time of option exercise. 

 

	6.	 Assignment of Option and Exercises After Death.   Rights under the Plans and this Agreement cannot be assigned or
transferred other than by (i) will, (ii) beneficiary designation, or (iii) the laws of descent and distribution. In the event that a beneficiary designation conflicts with an assignment by will or under the laws of descent and
distribution, the beneficiary designation will prevail. Upon the death of an Employee, exercise of the grant will be permitted only by the Employee’s designated beneficiary, executor, or personal representative of the Employee’s estate.

  

	7.	 Tax Withholding.   In the U.S. and many countries, the difference between the Grant Price and the value of the stock at the
time of an Option exercise multiplied by the number of shares purchased is compensation subject to tax withholding. The Option exercise will not be completed until all federal, state, local and other governmental withholding tax requirements have
been met. Should a withholding tax obligation arise upon the exercise of a Stock Option, the withholding tax may be satisfied by withholding shares of Stock or by payment of cash. This withholding obligation includes, but is not limited to, federal,
state, and local taxes, including applicable non-U.S. taxes, such as U.K. PAYE. The plan administrator will take such steps, as it deems necessary or desirable for the withholding of any taxes that are required by laws or regulations of any
governmental authority in connection with any exercise. For SARs, the SAR Gain will be paid through the local payroll and is subject to applicable withholding taxes. 

 

	8.	 Shareholder Rights.   The Employee shall not have the rights of a shareholder until the Option has been exercised and
ownership of shares of Common Stock has been transferred to the Employee. SARs never convey shareholder rights. 

  

	9.	 Certain Adjustments.     In the event certain corporate transactions, recapitalizations, or stock splits occur
while a Stock Option (or SAR) is outstanding, the Grant Price and the number of Stock Option Shares (or SARs) shall be correspondingly adjusted. 

  

	10.	 Relationship to the Plan. In addition to the terms and conditions described in this Agreement, Awards are subject to all other
applicable provisions of the Plan. The decisions of the Committee with respect to questions arising as to the interpretation of the Plan or this Agreement and as to findings of fact shall be final, conclusive, and binding.

  

	11.	 No Employment Guarantee.   No provision of this Agreement shall confer any right upon the Employee to continued employment
with any Participating Company. 

  

	12.	 Governing Law.   This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of
Delaware. 

  

	13.	 Amendment.   Without the consent of the Employee, this Agreement may be amended or supplemented (i) to cure any
ambiguity or to correct or supplement any provision herein which may be defective or inconsistent with any other provision herein, or (ii) to add to the covenants and 

  

					
	 Effective 2/5/2013
	  	- 5 -	  	

	 	 
agreements of the Company for the benefit of an Employee or to add to the rights of an Employee or to surrender any right or power reserved to or conferred upon the Company in this Agreement,
provided, in each case, that such changes or corrections shall not adversely affect the rights of the Employee with respect to the grant of an Option (or SAR) evidenced hereby without the Employee’s consent, or (iii) to make such other
changes as the Company, upon advice of counsel, determines are necessary or advisable because of the adoption or promulgation of, or change in or of the interpretation of, any law or governmental rule or regulation, including any applicable federal
or state securities or tax laws. 

  

					
	 Effective 2/5/2013
	  	- 6 -	  	

 DEFINITIONS 
 Capitalized terms not defined below shall have the meanings set forth in the Plan under which the Award is granted. 
 “Authorized Party” means the person who is authorized to approve an Award, exercise discretion or take action under the Administrative Procedure for the Stock Option (and Stock
Appreciation Rights) Program and pursuant to the Program. With regard to Senior Officers, the Committee is the Authorized Party. With regard to other Employees, the Chief Executive Officer, acting as the Special Equity Award Committee of the Board
of Directors of the Company, is the Authorized Party, although the Committee may act concurrently as the Authorized Party. 

“Award” means any Stock Option or SAR granted to an Employee pursuant to such applicable terms, conditions, and
limitations as the Authorized Party may establish in order to fulfill the objectives of the Program. 
 “Change of Control” has
the meaning set forth in Attachment A to these Terms and Conditions. 
 “Committee” means the Human Resources
and Compensation Committee of the Board of Directors of the Company, or any successor committee to it. 
 “Common Stock” means
common stock, par value $.01 per share, of the Company. 
 “Company” means ConocoPhillips a Delaware corporation. 

“Disability” means a disability for which the employee in question has been determined to be entitled to either
(i) benefits under the applicable plan of long-term disability of the Company or its subsidiaries or (ii) disability benefits under the Social Security Act. In the absence of any such determination, the Authorized Party may make a
determination that the employee has a Disability. 
 “Fair Market Value” means, as of a particular date, the
mean between the highest and lowest sales price per share of such Common Stock on the consolidated transaction reporting system for the principal national securities exchange on which shares of Common Stock are listed on that date, or, if there
shall have been no such sale so reported on that date, on the next succeeding date on which such a sale was so reported, or, at the discretion of the Committee, the price prevailing on the exchange at the time of exercise.  

“Grant Price” means the price at which an Employee may exercise his or her right to receive cash or Common Stock, as
applicable, under the terms of an Award. 
 “Layoff” means an applicable Termination of Employment due to
layoff under the ConocoPhillips Severance Pay Plan, the ConocoPhillips Executive Severance Plan, or the ConocoPhillips Key Employee Change in Control Severance Plan, or layoff or redundancy under any similar layoff or redundancy plan which the
Company or its subsidiaries may adopt from time to time. If all or any portion of the benefits under the redundancy or layoff plan are contingent on the employee’s signing a general release of liability, such Termination shall not be considered
as a “Layoff” for purposes of this Award unless the employee executes and does not revoke a general release of liability, acceptable to the Company, under the terms of such layoff or redundancy plan. 

“Nonqualified Stock Option” means a Stock Option that is not an Incentive Stock Option.  

  

					
	 Effective 2/5/2013
	  	- 7 -	  	

 “Optionee” means an individual holding a Stock Option or SAR. 

“Option Shares” means the shares of Common Stock issuable upon exercise of a Stock Option covered by this Agreement. 

“Participating Company” includes ConocoPhillips and its 100% owned subsidiaries, including both those directly owned and
those owned through subsidiaries, whose participation has been approved by the Authorized Party. 
 “Retirement”
means Termination at age 55 or older with a minimum of 5 years service with a Participating Company; provided, however, that with regard to an Employee not on the United States payroll, the CEO may approve the use of a different definition.
Service is defined by the policies of the Participating Company. 
 “Senior Officer” means the Chairman of the
Board, the CEO, all other executive officers of the Company (determined in accordance with the Company’s custom and practice pursuant to section 16(b) of the Securities Exchange Act of 1934, as amended), all other employees of the Company who
report directly to the CEO and whose salary grade is 23 or higher, and all other employees of the Company whose salary grade is 26 or higher. 
 “Stock” means shares of common stock of the Company, par value $.01. 
 “Stock Appreciation Right (SAR)” means a right to receive a payment, in cash equal to the excess of the Fair Market Value or other specified valuation of a specified number of shares of
Common Stock on the date the right is exercised over a specified Grant Price, in each case, as determined by the Authorized Party. 
 “Stock Option” means the right to purchase a specified number of shares of Common Stock at a specified Grant Price pursuant to such applicable terms, conditions, and limitations
established by the Authorized Party. 
 “SAR Gain” means the difference between the Grant Price and the Fair
Market Value (or other specified valuation) of a share of Common Stock at the time of an SAR exercise, multiplied by the number of shares that are exercised. 
 “Termination” and “Termination of Employment” mean cessation of employment with the Participating Companies, determined in accordance with the policies and practices of
the Participating Company for whom the Employee was last performing services. 

  

					
	 Effective 2/5/2013
	  	- 8 -	  	

 Attachment “A” 

“Change of Control” 
 The following definitions apply to the Change of Control provision in Paragraph 10 of the Plan. 
 “Affiliate” shall have the meaning ascribed to such term in Rule 12b-2 of the General Rules and Regulations under the Exchange Act, as in effect at the time of determination. 

“Associate” shall mean, with reference to any Person, (a) any corporation, firm, partnership,
association, unincorporated organization or other entity (other than the Company or a subsidiary of the Company) of which such Person is an officer or general partner (or officer or general partner of a general partner) or is, directly or
indirectly, the Beneficial Owner of 10% or more of any class of equity securities, (b) any trust or other estate in which such Person has a substantial beneficial interest or as to which such Person serves as trustee or in a similar fiduciary
capacity and (c) any relative or spouse of such Person, or any relative of such spouse, who has the same home as such Person. 
 “Beneficial Owner” shall mean, with reference to any securities, any Person if: 
 (a) such Person or any of such Person’s Affiliates and Associates, directly or indirectly, is the “beneficial owner” of (as determined pursuant to Rule 13d-3 of the General Rules and
Regulations under the Exchange Act, as in effect at the time of determination) such securities or otherwise has the right to vote or dispose of such securities; 

(b) such Person or any of such Person’s Affiliates and Associates, directly or indirectly, has the
right or obligation to acquire such securities (whether such right or obligation is exercisable or effective immediately or only after the passage of time or the occurrence of an event) pursuant to any agreement, arrangement or understanding
(whether or not in writing) or upon the exercise of conversion rights, exchange rights, other rights, warrants or options, or otherwise; provided, however, that a Person shall not be deemed the Beneficial Owner of, or to “beneficially
own,” (i) securities tendered pursuant to a tender or exchange offer made by such Person or any of such Person’s Affiliates or Associates until such tendered securities are accepted for purchase or exchange or (ii) securities
issuable upon exercise of Exempt Rights; or 
 (c) such Person or any of such Person’s
Affiliates or Associates (i) has any agreement, arrangement or understanding (whether or not in writing) with any other Person (or any Affiliate or Associate thereof) that beneficially owns such securities for the purpose of acquiring, holding,
voting (except as set forth in the proviso to subsection (a) of this definition) or disposing of such securities or (ii) is a member of a group (as that term is used in Rule 13d-5(b) of the General Rules and Regulations under the
Exchange Act) that includes any other Person that beneficially owns such securities; 
 provided, however, that nothing in this
definition shall cause a Person engaged in business as an underwriter of securities to be the Beneficial Owner of, or to “beneficially own,” any securities acquired through such Person’s participation in good faith in a firm
commitment underwriting until the expiration of 40 days after the date of such acquisition. For purposes hereof, “voting” a security shall include voting, granting a proxy, consenting or making a request or demand relating to corporate
action (including, without limitation, a demand for a shareholder list, to call a shareholder meeting or to inspect corporate books and records) or otherwise giving an authorization (within the meaning of Section 14(a) of the Exchange Act) in
respect of such security. 

  

					
	 Effective 2/5/2013
	  	- 9 -	  	

 The terms “beneficially own” and “beneficially owning”
shall have meanings that are correlative to this definition of the term “Beneficial Owner.” 

“Board” shall have the meaning set forth in the foregoing Plan. 

“Change of Control” shall mean any of the following occurring on or after May 11, 2011: 

(a) any Person (other than an Exempt Person) shall become the Beneficial Owner of 20% or more of the
shares of Common Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of the Company then outstanding; provided, however, that no Change of Control shall be deemed to occur for purposes of this subsection (a)
if such Person shall become a Beneficial Owner of 20% or more of the shares of Common Stock or 20% or more of the combined voting power of the Voting Stock of the Company solely as a result of (i) an Exempt Transaction or (ii) an
acquisition by a Person pursuant to a reorganization, merger or consolidation, if, following such reorganization, merger or consolidation, the conditions described in clauses (i), (ii) and (iii) of subsection (c) of this
definition are satisfied; 
 (b) individuals who, as of May 11, 2011, constitute the Board
(the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to May 11, 2011 whose election, or nomination for election by the
Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board; provided, further, that there shall
be excluded, for this purpose, any such individual whose initial assumption of office occurs as a result of any actual or threatened Election Contest that is subject to the provisions of Rule 14a-11 of the General Rules and Regulations under
the Exchange Act; 
 (c) the Company shall consummate a reorganization, merger, or
consolidation, in each case, unless, following such reorganization, merger, or consolidation, (i) 50% or more of the then outstanding shares of common stock of the corporation, or common equity securities of an entity other than a corporation,
resulting from such reorganization, merger, or consolidation and the combined voting power of the then outstanding Voting Stock of such corporation or other entity are beneficially owned, directly or indirectly, by all or substantially all of the
Persons who were the Beneficial Owners of the outstanding Common Stock immediately prior to such reorganization, merger, or consolidation in substantially the same proportions as their ownership, immediately prior to such reorganization, merger, or
consolidation, of the outstanding Common Stock, (ii) no Person (excluding any Exempt Person or any Person beneficially owning, immediately prior to such reorganization, merger, or consolidation, directly or indirectly, 20% or more of the Common
Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of the Company then outstanding) beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock of the corporation, or
common equity securities of an entity other than a corporation, resulting from such reorganization, merger, or consolidation or the combined voting power of the then outstanding Voting Stock of such corporation or other entity, and (iii) at
least a majority of the members of the board of directors of the corporation, or the body which is most analogous to the board of directors of a corporation if not a corporation, resulting from such reorganization, merger, or consolidation were
members of the Incumbent Board at the time of the initial agreement or initial action by the Board providing for such reorganization, merger, or consolidation; or 

(d) (i) the shareholders of the Company shall approve a complete liquidation or dissolution of
the Company unless such liquidation or dissolution is approved as part of a plan of 

  

					
	 Effective 2/5/2013
	  	- 10 -	  	

 
liquidation and dissolution involving a sale or disposition of all or substantially all of the assets of the Company to a corporation with respect to which, following such sale or other
disposition, all of the requirements of clauses (ii)(A), (B), and (C) of this subsection (d) are satisfied, or (ii) the Company shall consummate the sale or other disposition of all or substantially all of the assets of the
Company, other than to a corporation or other entity, with respect to which, following such sale or other disposition, (A) 50% or more of the then outstanding shares of common stock of such corporation, or common equity securities of an entity
other than a corporation, and the combined voting power of the Voting Stock of such corporation or other entity is then beneficially owned, directly or indirectly, by all or substantially all of the Persons who were the Beneficial Owners of the
outstanding Common Stock immediately prior to such sale or other disposition in substantially the same proportion as their ownership, immediately prior to such sale or other disposition, of the outstanding Common Stock, (B) no Person (excluding
any Exempt Person and any Person beneficially owning, immediately prior to such sale or other disposition, directly or indirectly, 20% or more of the Common Stock then outstanding or 20% or more of the combined voting power of the Voting Stock of
the Company then outstanding) beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock of such corporation, or common equity securities of an entity other than a corporation, and the combined voting power
of the then outstanding Voting Stock of such corporation or other entity, and (C) at least a majority of the members of the board of directors of such corporation, or the body which is most analogous to the board of directors of a corporation
if not a corporation, were members of the Incumbent Board at the time of the initial agreement or initial action of the Board providing for such sale or other disposition of assets of the Company. 

“Common Stock” shall have the meaning set forth in the foregoing Plan. 

“Company” shall have the meaning set forth in the foregoing Plan. 

“Election Contest” shall mean a solicitation of proxies of the kind described in Rule 14a-12(c) under the
Exchange Act. 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

 “Exempt Person” shall mean any of the Company, any subsidiary of the Company, any employee benefit
plan of the Company or any subsidiary of the Company, and any Person organized, appointed, or established by the Company for or pursuant to the terms of any such plan. 

“Exempt Rights” shall mean any rights to purchase shares of Common Stock or other Voting Stock of the Company
if at the time of the issuance thereof such rights are not separable from such Common Stock or other Voting Stock (i.e., are not transferable otherwise than in connection with a transfer of the underlying Common Stock or other Voting Stock),
except upon the occurrence of a contingency, whether such rights exist as of May 11, 2011 or are thereafter issued by the Company as a dividend on shares of Common Stock or other Voting Securities or otherwise. 

“Exempt Transaction” shall mean an increase in the percentage of the outstanding shares of Common Stock or the
percentage of the combined voting power of the outstanding Voting Stock of the Company beneficially owned by any Person solely as a result of a reduction in the number of shares of Common Stock then outstanding due to the repurchase of Common Stock
or Voting Stock by the Company, unless and until such time as (a) such Person or any Affiliate or Associate of such Person shall purchase or otherwise become the Beneficial Owner of additional shares of Common Stock constituting 1% or more of
the then outstanding shares of Common Stock or additional Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock, or (b) any other Person (or

  

					
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	  	- 11 -	  	

 
Persons) who is (or collectively are) the Beneficial Owner of shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or Voting Stock representing 1% or more
of the combined voting power of the then outstanding Voting Stock shall become an Affiliate or Associate of such Person. 
 “Person” shall mean any individual, firm, corporation, partnership, association, trust, unincorporated organization, or other entity. 

“Voting Stock” shall mean, (1) with respect to a corporation, all securities of such corporation of any
class or series that are entitled to vote generally in the election of, or to appoint by contract, directors of such corporation (excluding any class or series that would be entitled so to vote by reason of the occurrence of any contingency, so long
as such contingency has not occurred) and (ii) with respect to an entity which is not a corporation, all securities of any class or series that are entitled to vote generally in the election of, or to appoint by contract, members of the body
which is most analogous to the board of directors of a corporation. 

  

					
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	  	- 12 -

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