Document:

Document

Exhibit 10.1

RESOLUTION
OF THE
GLOBAL CHIEF HUMAN RESOURCES OFFICER OF
MARRIOTT INTERNATIONAL, INC.
REGARDING THE 
MARRIOTT INTERNATIONAL, INC. EXECUTIVE DEFERRED COMPENSATION PLAN

    WHEREAS, Marriott International, Inc. (the “Company”) maintains the Marriott International, Inc. Executive Deferred Compensation Plan (the “Plan”); 

    WHEREAS, under Section 7.3 of the Plan, the Company’s Board of Directors (“Board”) may amend the Plan from time to time; 

    WHEREAS, on August 6, 2009, the Board authorized the Executive Vice President, Global Chief Human Resources Officer, now the Global Chief Human Resources Officer, to amend the Plan as he deems necessary or advisable, provided that no such amendment materially increases the cost to the Company of maintaining the Plan; 

WHEREAS, the Global Chief Human Resources Officer desires to amend the Plan to clarify the definition of compensation under the Plan, the threshold compensation for purposes of Plan eligibility, eligibility for General Managers, to accelerate vesting for MEFCU participants and to make other administrative updates;

    NOW THEREFORE, BE IT RESOLVED, that the Plan shall be amended as follows, effective January 1, 2021, except as otherwise provided:

1.Section 1.4 of the Plan is amended as follows: 

1.4     “Committee" means the Human Resources and Compensation Committee appointed by the Board of Directors of Marriott International, Inc.

2.Effective for Election Years on or after January 1, 2022, Section 1.7 of the Plan shall be amended as follows:

1.7    “Compensation” means: 

(a)For Employees, “Compensation” as defined for purposes of computing contributions under the Retirement Savings Plan, with the following adjustments: 

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(i)Compensation includes pay subject to an Election to defer under this Plan; 

(ii)Compensation includes LTCI Compensation payable to the Employee;

(iii)Compensation includes pay (excluding severance) that is earned during the Election Year and paid at any time after the Employee’s Separation from Service; 

(iv)Compensation excludes any pay received during payroll periods in which the Employee is on non-tax equalized foreign assignments (i.e., an expatriate ineligible for the RSP); and 

(b)For Non-Employee Directors, fees payable by the Company during the Election Year.  

See Section 1.20(a) regarding compensation for purposes of determining Plan-eligibility.  

3.Section 1.16 is amended as follows:

1.16    "HR Officer" means the most senior human resources executive of the Company, as designated by the Chief Executive Officer of the Company.

4.Effective for Election Years on or after January 1, 2022, Section 1.20(a) is amended as follows: 

(a)    An Employee who satisfies all of the following: 
(i)     the Employee is eligible to participate in the Retirement Savings Plan as of a date in the Election Year; 
(ii)     the Employee meets or exceeds the “Eligibility Compensation Threshold” as set forth in subsection (1) or (2):  
(1)the Employee’s compensation equals or exceeds the threshold amount under Code Section 414(q)(1)(B)(i) for a highly compensated employee, for each of the two calendar years immediately preceding the Election Year. For this purpose, compensation will be defined under Treasury Regulation Section 1.415(c)-2(d)(4) (W-2 wages), plus all amounts elected under Code Section 125; this 
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definition of compensation excludes any Election made by the Employee to defer pay into this Plan.
(2)The Employee’s base salary rate equals or exceeds $150,000 immediately prior to the first day of the enrollment period for the Election Year.
(iii)     the Employee is employed in a position for which the compensation grade level corresponds with the following Market Reference Codes: 
(1)For the General Manager structure, Market Reference Code 85 or above;
(2)For the General Managers of Marriott Select Brands (MSB), Market Reference Code 84; or 
(3)For all other positions, Market Reference Code 11 or above or salary grade 53 or above.
(iv)     the Employee is exempt from the minimum wage and overtime provisions under the Fair Labor Standards Act; and 
(v)     the Employee is not employed as a temporary Employee in the Company’s Flex Staffing units. 
An Employee shall become a Participant on the first day of an Election Year.  An Employee may become a Participant on the first day of an Election Year only if the Employee met all the conditions of the preceding paragraph (except subparagraph (a)(i)) as of the first day of such Election Year.

5.Effective for Election Years on or after January 1, 2022, a new Appendix C shall be added to the Plan to provide as follows:

APPENDIX C
MARRIOTT EMPLOYEES FEDERAL CREDIT UNION EXECUTIVE DEFERRED BONUS PLAN
Notwithstanding any other provision in the Plan and consistent with Section 409A of the Internal Revenue Code, for any Employee who was a participant in the Marriott Employees Federal Credit Union Executive Deferred Bonus Plan (the “MEFCU Plan”) and whose “Bonus Accrual” (as defined in the MEFCU Plan”) has been, since September 2014, credited to the Deferred Compensation Reserve under this Plan, for Bonus Accruals on and after January 1, 2022, the MEFCU Plan 
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Participant shall not be subject to the vesting schedule in the MEFCU Plan, but shall be 100% vested in the Bonus Accrual. Notwithstanding the foregoing, there shall be no changes to the time or form of payment originally elected under the MEFCU Plan.
  

    IN WITNESS WHEREOF, the Global Chief Human Resources Officer at Marriott International, Inc. has executed this resolution this 18th day of August 2021. 

                        ______________________________
                        David A. Rodriguez
                        Global Chief Human Resources Officer
                        Marriott International, Inc. 

3098776_1EX-4.1

 

 
 ARHAUS, INC. INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE SEE REVERSE SIDE FOR CERTAIN DEFINITIONS CUSIP 04035M 10 2 THIS
CERTIFIES THAT BY is the owner of AMERICAN ( Brooklyn, COUNTERSIGNED FULLY PAID AND NON-ASSESSABLE SHARES OF CLASS A COMMON STOCK, $0.001 PAR VALUE, OF New STOCK AND ARHAUS, INC. York) transferable on the
books of the Corporation by the holder hereof in person or by Attorney upon surrender of this certificate properly endorsed. This certificate is not valid until countersigned COMMON and registered by the Transfer Agent and Registrar. TRANSFER &
REGISTERED: IN WITNESS WHEREOF, the said Corporation has caused this certificate to be signed by facsimile signatures of its duly authorized officers. TRUST Dated: COMPANY AUTHORIZED AND TRANSFER CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER
SIGNATURE REGISTRAR AGENT 

 

 
 THE BOARD OF THIS CORPORATION HAS THE AUTHORITY TO CREATE AND DETERMINE THE RELATIVE RIGHTS AND PREFERENCES OF CLASSES OR SERIES OF
SHARES OF CAPITAL STOCK OTHER THAN COMMON STOCK. THIS CORPORATION WILL FURNISH TO ANY SHAREHOLDER UPON WRITTEN REQUEST SENT TO ITS PRINCIPAL EXECUTIVE OFFICES, AND WITHOUT CHARGE, A FULL STATEMENT OF THE BOARD’S AUTHORITY TO CREATE AND
DETERMINE THE RELATIVE RIGHTS AND PREFERENCES OF CLASSES OR SERIES OF SHARES OF CAPITAL STOCK AS WELL AS THE DESIGNATIONS, PREFERENCES, LIMITATIONS AND RELATIVE RIGHTS OF THE SHARES OF EACH CLASS OR SERIES THEN OUTSTANDING OR AUTHORIZED TO BE
ISSUED. The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations: UTMA Custodian TEN COM as tenants in common
(Cust) (Minor) TENENT – as tenants by entireties under Uniform Transfers to Minors JT TEN – as joint tenants with right of survivorship Act and not as tenants in common (State) Additional abbreviations may also be used though not in the
above list. For value received hereby sell, assign, and transfer unto PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE) Shares of the capital
stock represented by the within Certificate, and do hereby irrevocably constitute and appoint Attorney to transfer the said stock on the books of the within-named Corporation with full power of substitution in the premises. Dated NOTICE: THE
SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER. SIGNATURE GUARANTEED ALL GUARANTEES MUST BE MADE BY A FINANCIAL
INSTITUTION (SUCH AS A BANK OR BROKER) WHICH IS A PARTICIPANT IN THE SECURITIES TRANSFER AGENTS MEDALLION PROGRAM (“STAMP”), THE NEW YORK STOCK EXCHANGE, INC. MEDALLION SIGNATURE PROGRAM (“MSP”), OR THE STOCK EXCHANGES MEDALLION
PROGRAM (“SEMP”) AND MUST NOT BE DATED. GUARANTEES BY A NOTARY PUBLIC ARE NOT ACCEPTABLE.EX-10.2

 Exhibit 10.2 

ARHAUS, INC. 
 2021
EQUITY INCENTIVE PLAN 
 1. Purpose and Duration 

1.1 Purpose. The purpose of the Plan is to promote the interests of the Company and its stockholders by: (i) providing a means for the Company and
its Affiliates to attract and retain employees, officers, consultants, advisors, and directors who will contribute to the Company’s long-term growth and success; and (ii) providing such individuals with incentives that will align the
interests of such individuals with those of the stockholders of the Company. Incentives available under this Plan include Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units,
Performance Shares, Performance Share Units, and Other Awards. 
 1.2 Duration. The Plan shall commence on the Effective Date and shall remain
in effect, subject to the right of the Board of Directors to amend or terminate the Plan at any time pursuant to Section 13, until all Shares subject to the Plan shall have been purchased or acquired according to the Plan’s provisions.
However, in no event may an Award be granted under the Plan on or after the tenth (10th) anniversary of the Effective Date (but unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to the tenth
(10th) anniversary of the Effective Date 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 with respect to such Award, shall extend beyond such date). 
 2. Definitions 

The following terms shall have the meanings set forth below: 

2.1 “Acquired Organization” means an entity that was acquired by the Company through a merger, consolidation, combination, exchange of
shares, acquisition or other business transaction. 
 2.2 “Acquired Plan” means the incentive plan established by an Acquired
Organization or any awards outstanding thereunder. 
 2.3 “Affiliate” means (i) any entity that, directly or indirectly, is
controlled by the Company and (ii) any entity in which the Company has a significant equity interest, in each case as determined by the Committee. 

2.4 “Award” means, individually or collectively, a grant under this Plan of Nonqualified Stock Options, Incentive Stock Options, Stock
Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares, Performance Share Units, or Other Awards. 

 2.5 “Award Agreement” means any written agreement, contract, certificate or other
instrument or document, which may be in electronic format, evidencing the terms and conditions of an Award granted under the Plan. 
 2.6
“Beneficial Owner” or “Beneficial Ownership” shall have the meaning ascribed to such term in Rule13d-3 and Rule 13d-5 of the
Exchange Act. 
 2.7 “Beneficiary” means a person named by a Participant who is entitled to receive payments or other benefits
or exercise rights that are available under the Plan in the event of such Participant’s death. If no such person is named by a Participant, or if no Beneficiary designated by such Participant is eligible to receive payments or other benefits or
exercise rights that are available under the Plan at such Participant’s death, such Participant’s Beneficiary shall be such Participant’s estate. 

2.8 “Board” or “Board of Directors” means the Board of Directors of the Company. 

2.9 “Cause” means: 

(i) If the Participant is a party to a written employment, service or other agreement with the Company or its Affiliates and
such agreement provides for a definition of Cause, the definition contained therein; or 
 (ii) If no written employment or
service agreement exists, or if such employment or service agreement does not define Cause, unless otherwise defined in the Award Agreement, any one or more of the following, in each case as determined in good faith by the Committee: (a) gross
negligence or willful misconduct in connection with the performance of the Participant’s duties and responsibilities as an Employee, which actions, if capable of being cured, are not cured within fifteen (15) days after written notice
thereof from the Board, (b) a conviction for (or pleading guilty or nolo contendere to) a felony or crime involving moral turpitude or a material violation of state or federal securities laws for which a pardon has not been granted as of the
date of termination, (c) an act of fraud or embezzlement or misappropriation of the Company’s or any of its Affiliates’ funds or property; (d) conduct that brings or is reasonably likely to bring the Company or an Affiliate
negative publicity or into public disgrace, embarrassment, or disrepute, (e) material violation of the Company’s written policies or codes of conduct, including written policies related to discrimination, harassment, performance of illegal
or unethical activities, and ethical misconduct, (f) ; (g) a violation of any agreement between the Participant and the Company establishing the Participant’s obligations to the Company regarding confidentiality,
non-solicitation, non-competition or non-disparagement that the Board shall have determined is harmful to the Company or its
Affiliates; (h) the Participant’s breach of any of material obligations in his or her employment agreement, offer letter or other terms of employment, which breach, if capable of being cured, is not cured within fifteen (15) days
after written notice thereof; (i) the Participant’s breach of his or her fiduciary duties as an officer or director of the Company or any of its Affiliates, which breach, if capable of being cured, is not cured within fifteen
(15) days after written notice thereof; or (j) the Participant’s continued failure or refusal after written notice from the Board (or, in the case of any Participant other than the chief executive officer, written notice from the
chief executive officer) to implement or follow the lawful and reasonable direction of the Board (or the chief executive officer, as applicable) that is consistent with the duties and responsibilities of the Participant. 

 2.10 “Change in Control” of the Company shall mean the occurrence of any one or more
of the following events: 
 (i) any Person (other than any Qualified Stockholder as defined in the Company’s Amended and
Restated Certificate of Incorporation, the Company, any trustee or other fiduciary holding securities under an employee benefit plan) becomes the Beneficial Owner (except that a Person shall be deemed to be the Beneficial Owner of all shares that
any such Person has the right to acquire pursuant to any agreement or arrangement or upon exercise of conversion rights, warrants or options or otherwise, without regard to the sixty (60) day period referred to in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company, representing fifty percent (50%) or more of the combined voting power of such entity’s then outstanding securities; 

(ii) during any twelve (12) month period, a majority of the members of the Board is replaced by individuals who were not
members of the Board at the beginning of such twelve (12) month period and whose election by the Board or nomination for election by the Company’s shareholders was not 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 twelve (12) month period or whose election or nomination for election was previously so approved; 

(iii) the consummation of a merger or consolidation of the Company with any other entity, other than a merger or consolidation
that would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving or resulting entity) more than
fifty percent (50%) of the combined voting power of the surviving or resulting entity outstanding immediately after such merger or consolidation; or 

(iv) the consummation of a sale or disposition of all or substantially all of the assets of the Company, other than such a sale
or disposition that would result in the voting securities of the Company outstanding immediately prior thereto representing fifty percent (50%) or more of the combined voting power of the acquiring entity outstanding immediately after such a sale or
disposition. 
 2.11 “Code” means the Internal Revenue Code of 1986, as amended from time to time. Any reference to a section of the
Code shall be deemed to include a reference to any regulations promulgated thereunder. 
 2.12 “Committee” means the Compensation
Committee of the Board or such other committee as may be designated by the Board to administer the Plan. If the Committee does not exist or cannot function for any reason or if the Board withdraws the Committee’s authority to administer the
Plan, references to the Committee shall mean the Board or such other committee of the Board as designated by the Board. 

 2.13 “Common Stock” means the Class A common stock, $0.001 par value per Share,
of the Company, or any security issued by the Company in substitution or exchange therefor or in lieu thereof. 
 2.14 “Company”
means Arhaus, Inc., a Delaware corporation, and any successor thereto. 
 2.15 “Continuous Service” means the absence of any
interruption or termination of service as an Employee, Director or Key Person. Continuous Service Status shall not be considered interrupted in the case of: (i) a statutory leave of absence or a sick leave; (ii) military leave;
(iii) any other leave of absence approved by the Committee, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless
provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Affiliates or their respective successors. A change in the capacity in which
the Participant renders services to the Company, its Affiliates or their respective successors as an Employee, Director or Key Person will not constitute an interruption of Continuous Service Status. 

2.16 “Director” means a member of the Board. 

2.17 “Disability” means: 

(i) If the Participant is a party to a written employment or service agreement with the Company or its Affiliates and such
agreement provides for a definition of Disability, the definition contained therein; 
 (ii) If no written employment or
service agreement exists, or if such employment or service agreement does not define Disability, the definition contained in the Award Agreement; or 

(iii) If no definition is provided by application of clauses (i) and (ii) of this section, then Participant’s
physical or mental incapacity that renders him or her unable, with or without accommodation, for a period of 90 (ninety) consecutive days or an aggregate of one hundred and twenty (120) days in any three hundred and sixty-five
(365) consecutive calendar day period to perform his or her duties to the Company or any Affiliate. 
 Notwithstanding the foregoing, with respect to
any Incentive Stock Option, “Disability” shall mean “permanent and total disability” as defined in Section 22(e)(3) of the Code. To the extent the vesting or payment of any Award hereunder is accelerated by reason of a
Participant’s Disability, no such acceleration shall occur until the Participant experiences a Separation from Service. 
 2.18
“Effective Date” shall mean the closing date of the Company’s initial public offering of the Common Stock. 

 2.19 “Employee” means any person employed by the Company or any Affiliate, with the
status of employment determined based upon such factors as are deemed appropriate by the Committee in its discretion, subject to any requirements of the Code or applicable laws. 

2.20 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and the rules, regulations and guidance
thereunder, or any successor act thereto. 
 2.21 “Fair Market Value” means, as of any date, the value of a Share, which shall
be an amount equal to the closing price of a Share on a given date (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 or inter-dealer quotation
system on which the Shares are quoted or traded. If Shares are not so quoted or traded, fair market value as determined by the Committee, and 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 in accordance with Code Section 409A and the 409A Guidance. 
 2.22
“409A Guidance” means the regulations and other guidance issued under Section 409A of the Code. 
 2.23
“Incentive Stock Option” or “ISO” means an option to purchase Shares granted under Section 6, which is intended to meet the requirements of Section 422 of the Code. 

2.24 “Insider” means an individual who is, on the relevant date, subject to Section 16 of the Exchange Act due to his or her
status with the Company. 
 2.25 “Key Person” means a consultant or advisor other than an Employee or Director who is a
natural person and provides bona fide services to the Company or a Subsidiary or an Affiliate (other than services in connection with the offer and sale of securities in a capital-raising transaction, or that directly or indirectly promote or
maintain a market in the Company’s securities). 
 2.26 “Nonqualified Stock Option” or “NQSO” means an option
to purchase Shares granted under Section 6 and which is not intended to be treated as an ISO under Section 422 of the Code. 
 2.27
“Other Award” means a cash-based or stock-based award grant made pursuant to Section 10. 
 2.28 “Option”
means an Incentive Stock Option or a Nonqualified Stock Option, as described in Section 6. 
 2.29 “Option Price” means
the price at which a Share may be purchased by a Participant upon the exercise of an Option. 
 2.30 “Participant” means an Employee,
Director or Key Person who is eligible to receive an Award or who has an outstanding Award granted under the Plan. 

 2.31 “Performance Share” shall mean an Award denominated in Shares which may be
earned in whole or in part upon attainment of performance goals or other vesting criteria as the Committee may determine pursuant to Section 9. 

2.32 “Performance Share Unit” means an Award which may be earned in whole or in part upon attainment of performance goals or other
vesting criteria as the Committee may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 9. 

2.33 “Performance Period” means one or more periods of time, as the Committee may select, over which the attainment of one or more
performance goals will be measured for the purpose of determining a Participant’s right to and payment of a Performance Share Unit or Performance Share. 

2.34 “Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and
14(d) thereof, including a “group” as defined in Section 13(d) thereof. 
 2.35 “Restricted Stock” means a Shares
awarded to a Participant pursuant to Section 8 herein. 
 2.36 “Restricted Stock Unit” or “RSU” means an
unsecured and unfunded promise to deliver a Share in the future pursuant to Section 8 herein, the terms and conditions of which shall be specified in the related Award Agreement. 

2.37 “Separation from Service” means a termination of the employment or other service relationship between the Participant and the
Company meeting the requirements of Section 409A(a)(2)(A)(i) of the Code. 
 2.38 “Share Reserve” shall have the meaning
ascribed to such term in Section 5.1. 
 2.39 “Shares” means shares of the Common Stock. 

2.40 “Stock Appreciation Right” or “SAR” means an Award, granted alone and designated as a SAR, pursuant to the terms
of Section 7. 
 2.41 “Subsidiary” means any corporation, partnership, joint venture, or other entity in which the Company
either directly or indirectly controls at least fifty percent (50%) of the voting interest or owns at least fifty percent (50%) of the value or capital or profits interest. 

2.42 “Substitute Award” means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by an
Acquired Organization. 
 2.43 “Successor Corporation” shall have the meaning ascribed to such term in Section 12.1. 

 3. Eligibility and Participation 

3.1 Eligibility. Persons eligible to participate in this Plan include: 

(i) All Employees, Directors and Key Persons of the Company or an Affiliate. 

(ii) Holders of equity-based awards granted by an Acquired Organization are eligible for grants of Substitute Awards under the
Plan to the extent permitted under applicable listing standards of any stock market or exchange on which the Shares are listed. Subject to such applicable listing standards, the terms and conditions of such Substitute Awards shall be determined by
the Committee in its sole discretion. 
 3.2 Participation. 

(i) Subject to the provisions of the Plan, the Committee may from time to time select from all eligible Employees, Directors
and Key Persons, those to whom Awards shall be granted and shall determine the nature and amount of each Award, and Awards may be granted to Participants at any time and from time to time as shall be determined by the Committee, including in
connection with any other compensation program established by the Company. 
 (ii) Eligibility for participation in this Plan
is not a guaranty or grant of a right to be selected to receive an Award, and being selected to receive an Award is not a representation or guaranty of being selected to receive any additional Awards. Selection is at the sole discretion of the
Committee. 
 4. Administration 
 4.1
General. The Plan shall be administered by the Committee. 
 4.2 Authority of the Committee. Subject to the terms of the Plan and
applicable law, the Committee (or, to the extent permitted hereby, its delegate) shall have full power and authority to: 

(i) designate Participants; 

(ii) determine the type or types of 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 a tax withholding obligation may be satisfied in cash,
Shares, other Awards, or other property; 

 (vii) 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; 

(viii) interpret, administer and reconcile any inconsistency in, correct any defect in and/or supply any omission in the Plan
and any instrument or agreement relating to, or Award made under, the Plan; 
 (ix) 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 

(x) make any other determination and take any other action that the Committee deems necessary or desirable for the
administration of the Plan. 
 4.3 Delegation. The Committee may delegate its power, authority and duties as identified herein to a subcommittee,
except (i) for the power and authority to grant Awards to Insiders (unless the delegation is to a subcommittee that complies with the exemption requirements of Rule 16b-3, as such regulations may be
amended from time to time or any successors thereto) and (ii) as otherwise prohibited by law. In addition to the delegation authority provided by the previous sentence, to the extent permitted by applicable law or rule of the applicable stock
market or exchange on which the Shares are listed, the Committee may delegate to one or more officers of the Company the authority to grant Options, SARs, Restricted Stock and Restricted Stock Units to Participants that are not Insiders. 

4.4 Decisions Binding. All determinations and decisions made by the Board, the Committee or the Committee’s delegate pursuant to the provisions of
the Plan and all related orders and resolutions of the Board, the Committee or the Committee’s delegate shall be final, conclusive and binding on all persons, including the Company, its stockholders, Employees, Directors, Key Persons and their
estates and beneficiaries. 
 4.5 Committee Composition. Any grant by the Committee to an Insider shall require the approval of (i) a Committee
consisting of two (2) or more members who are non-employee directors within the meaning of Rule 16b-3 under the Exchange Act or (ii) the full Board. The Board
may designate one or more directors as alternate members of the Committee who may replace any absent or disqualified member at any meeting of the Committee. 

5. Shares Subject to the Plan and Maximum Awards 

5.1 Number of Shares Available for Grants. Subject to adjustment in accordance with Section 5.5, the maximum aggregate number of Shares that may be
granted pursuant to Awards shall not exceed 11,205,100 Shares (the “Share Reserve”). All Shares are available for issuance under the Plan and may be used for any type of Award under the Plan, and any or all of the Shares reserved for
issuance under the Plan shall be available for issuance pursuant to the ISOs. 
 The share reserve shall not be reduced for Substitute Awards. Any shares of
stock of an Acquired Organization available for future awards under an Acquired Plan (as adjusted and converted into Shares in accordance with the terms of the business transaction) shall be added to

 
the number of Shares available for Awards under the Plan, subject to applicable stockholder approval and stock exchange requirements, unless the terms of the business transaction require such
Acquired Plan to be maintained as a separate plan following the completion of the business transaction. 
 5.2 Limitations on Grants to Individual
Participants. Subject to adjustment as provided in Sections 5.5, the maximum number of Shares subject to Awards that may be granted under the Plan, pursuant to any type of Award, in a fiscal year to any Participant, other than a Director that is
not an Employee, is 1,000,000 Shares. 
 5.3 Maximum Awards for Directors. The maximum aggregate number of Shares subject to Awards granted during a
single fiscal year to any Director who is not an Employee, taken together with any cash fees paid to such Director during such fiscal year, shall not exceed $750,000 in total value (calculating the value of any such Awards based on the grant date
Fair Market Value of such Awards for financial reporting purposes). 
 5.4 Minimum Vesting Requirement. Notwithstanding any other
provision of the Plan to the contrary, Awards granted under the Plan (other than cash-based awards) shall vest no earlier than the first anniversary of the date on which the Award is granted; provided, that the following Awards shall not
be subject to the foregoing minimum vesting requirement: any (i) Substitute Awards, (ii) Shares delivered in lieu of fully vested cash obligations, (iii) Awards to Non-Employee Directors that
vest on earlier of the one-year anniversary of the date of grant and the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year’s annual meeting, and
(iv) any additional Awards the Committee may grant, up to a maximum of five percent (5%) of the available Share Reserve authorized for issuance under the Plan pursuant to Section 5.1 (subject to adjustment under Section 5.5); and,
provided, further, that the foregoing restriction does not apply to the Committee’s discretion to provide for accelerated exercisability or vesting of any Award, including in case of retirement, death, Disability or a Change
in Control, in the terms of the Awards Agreement or otherwise. 
 5.5 Adjustments in Authorized Shares. If the Company effects a
subdivision or consolidation of Shares or other capital adjustment, the number and class of Shares which may be delivered under Section 5.1, the number and class of and/or price of Shares subject to outstanding Awards granted under the Plan, and the
Award limits set forth in Sections 5.2, shall be adjusted in the same manner and to the same extent as all other Shares. If there are material changes in the capital structure of the Company resulting from: (i) the payment of a special dividend
(other than regular quarterly dividends) or other distributions to stockholders without receiving consideration therefore; (ii) the spin-off of a Subsidiary; (iii) the sale of a substantial portion of the Company’s assets; (iv) a merger or
consolidation in which the Company is not the surviving entity; or (v) other extraordinary non-recurring events affecting the Company’s capital structure and the value of Shares, the Committee shall make equitable adjustments in the number and
class of Shares which may be delivered under Section 5.1, the number and class of and/or price of Shares subject to outstanding Awards granted under the Plan, and the Award limits set forth in Sections 5.2, to prevent the dilution or enlargement of
the rights of Award recipients. Following any such adjustment, the number of Shares subject to any Award shall always be a whole number. No adjustment shall be made to an Option or SAR to the extent that it causes such Option or SAR to be treated as
the granting of a new Option or SAR under Code Sections 409A and 424, as applicable, or to provide for a deferral of compensation subject to Section 409A of the Code and the 409A Guidance. 

 5.6 Increase to Share Reserve. If any Shares subject to an Award are forfeited before vesting or any
Award otherwise expires, terminates or is cash-settled or cancelled without the issuance of such Shares to a Participant, such Shares, to the extent of any such forfeiture, expiration, termination, cash-settlement or cancellation, shall again be
available for grant under the Plan and be added to the Share Reserve.Shares tendered to the Company or withheld by the Company under an Award shall be deemed to have not been delivered to the Participant and shall be added to the Share Reserve. 

5.7 Character of Shares. Any Shares issued hereunder may consist, in whole or in part, of authorized and unissued shares, treasury shares or shares
purchased in the open market or otherwise. 
 6. Options 

6.1 Grant of Options. Options may be granted to Participants in such number, upon such terms, and at such times as determined by the Committee;
provided, however, that ISOs may be granted only to Participants who are Employees of the Company or a Subsidiary that is a “subsidiary” of the Company within the meaning of Section 424(f) of the Code. ISOs shall not be granted to any
person who owns or is deemed to own pursuant to Section 424(d) of the Code stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or of any of its Affiliates, unless the exercise
price of the option is at least one hundred and ten percent (110%) of the Fair Market Value of a Share at the grant date and the option is not exercisable after the expiration of five years from the grant date. To the extent that the aggregate Fair
Market Value (determined at the time of grant) of Shares with respect to which ISOs are exercisable for the first time by any Participant during any calendar year (under all plans of the Company and its Affiliates) exceeds $100,000, the Options or
portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as NQSOs.Notwithstanding the foregoing, the Company shall have no liability to any Participant or any other person if an Option designated
as an ISO fails to qualify as such at any time or if an Option is determined to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Code and the terms of such Option do not satisfy the
requirements of Section 409A of the Code. 
 6.2 Award Agreement. Options granted under this Plan shall be evidenced by an Award Agreement, which
shall specify whether the Option is intended to be an ISO or a NQSO. 
 6.3 Option Price. Except with respect to an Option that is a Substitute
Award, the Option Price for each Option shall be at least equal to one hundred percent (100%) of the Fair Market Value of a Share on the date as of which the Option is granted (or, in the case of an ISO, granted to a person identified in
Section 6.1 above, one hundred and ten percent (110%) of the Fair Market Value of a Share). Notwithstanding the foregoing, an ISO may be granted with a lower Option Price if such ISO is granted pursuant to an assumption or substitution for
another option in a manner satisfying the provisions of Section 424(a) of the Code, and a NQSO may be granted with a lower Option Price if such NQSO is a Substitute Award granted in a manner satisfying the provisions of Section 409A of the
Code and Treasury Regulation 1.409A-1(b)(5)(v)(D). 

 6.4 Duration of Options. Each Option shall expire at such time as the Committee shall determine at
the time of grant; provided, however, that no Option shall be exercisable after the expiration of the ten (10) year period beginning on the date of its grant. If determined by the Committee in its discretion, on such terms and conditions and
under such circumstances as the Committee shall establish, which may be applied differently among Participants or Awards, Options will be deemed exercised by the Participant (or in the event of the death of or authorized transfer by the Participant,
by the Beneficiary or transferee) on the expiration date of the Option using a net share settlement (or net settlement) method of exercise to the extent that as of such expiration date the Option is vested and exercisable and the per share exercise
price of the Option is below the Fair Market Value of a Share on such expiration date. 
 6.5 Vesting and Exercisability of Options. Options
shall become vested and exercisable at such times and conditions and be subject to such restrictions and conditions as the Committee shall in each instance approve, which need not be the same for each grant or for each Participant, as set forth in
the Award Agreement. 
 6.6 Exercise of Options. Options may be exercised upon whatever terms and conditions the Committee, in its sole discretion,
imposes upon them. 
 6.7 Payment. Unless otherwise provided under the terms of an Award Agreement, or as otherwise determined by the
Committee, the Option Price shall be payable to the Company in full at the Participant’s option, either: (i) in cash or its equivalent, (ii) by tendering previously acquired Shares having an aggregate value at the time of exercise
equal to the total Option Price, (iii) through a reduction in the number of Shares received through the exercise of the Option (net share settlement), or (iv) by a combination of (i), (ii) and (iii). Subject to any governing rules or
regulations, as soon as practicable after receipt of notification of exercise and full payment, the Company shall transfer Shares in an appropriate amount based upon the number of Shares purchased under the Option(s). 

In the event that a Participant chooses option (ii) above and unless otherwise specifically provided in the Award Agreement, the Participant shall tender
only Shares that have been held for more than six months (or such longer or shorter period of time required to avoid a change to earnings for financial accounting purposes). 

7. Stock Appreciation Rights (SARs) 
 7.1
Grant of SARs. SARs may be granted to Participants in such number, upon such terms and at such times as determined by the Committee. A SAR granted in connection with an Option shall become exercisable, be transferable and shall
expire according to the same vesting schedule, transferability rules and expiration provisions as the corresponding Option. A SAR granted independent of an Option shall become exercisable, be transferable and shall expire in accordance with a
vesting schedule, transferability rules and expiration provisions as established by the Committee and reflected in an Award Agreement. Except with respect to a SAR that is a Substitute Award and is granted in a manner that satisfies Section 409A of
the Code and Treasury Regulation 1.409A-1(b)(5)(v)(D), the grant price of a SAR shall be at least equal to the Fair Market Value of a Share on the date of grant of the SAR. 

 7.2 Vesting and Exercisability of SARs. SARs shall become vested and exercisable at such times and
conditions and be subject to such restrictions and conditions as the Committee shall in each instance approve, which need not be the same for each grant or for each Participant, as set forth in the Award Agreement. 

7.3 Exercise of SARs. SARs may be exercised upon whatever terms and conditions the Committee, in its sole discretion, imposes upon them. 

7.4 Duration of SARs. The term of a SAR shall be determined by the Committee, in its sole discretion; provided, however, that such term shall not exceed
ten (10) years. If determined by the Committee in its discretion, on such terms and conditions and under such circumstances as the Committee shall establish, which may be applied differently among Participants or Awards, SARs will be deemed
exercised by the Participant (or in the event of the death of or authorized transfer by the Participant by the Beneficiary or transferee) on the expiration date of the SAR to the extent that as of such expiration date the SAR is vested and
exercisable and the per share grant price of the SAR is below the Fair Market Value of a Share on such expiration date. 
 7.5 Payment of SAR
Amount. Upon exercise of a SAR, a Participant shall be entitled to receive payment from the Company in an amount determined by multiplying the difference between the Fair Market Value of a Share on the date of exercise over the grant price, by
the number of Shares with respect to which the SAR is exercised. 
 At the discretion of the Committee, the payment upon exercise of a SAR may be in cash,
in Shares of equivalent value, or in some combination thereof. The Committee’s determination regarding the form of payout shall be set forth in the Award Agreement pertaining to the grant of the SAR. 

8. Restricted Stock and Restricted Stock Units (RSUs) 

8.1 Grant of Restricted Stock or RSUs. Restricted Stock or RSUs may be granted to Participants in such amounts, upon such terms and at such times as
determined by the Committee. 
 8.2 Restrictions. The Committee shall impose conditions and/or restrictions on Restricted Stock or RSUs as it
may deem advisable including, without limitation, time-based restrictions and/or restrictions based upon the achievement of other specific goals or circumstances. Restricted Stock or RSUs shall be forfeited to the extent that a Participant fails to
satisfy the applicable conditions and/or restrictions. All such conditions and/or restrictions shall be set forth in the applicable Award Agreement. 
 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 such 

 
Participant and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Restricted Stock. The Company may retain possession of Shares of Restricted
Stock until such time as all conditions and/or restrictions applicable to such Shares have been satisfied. 
 8.3 Lapse of Restrictions, Payment of
Restricted Stock or RSUs. Except as otherwise provided in the Award Agreement or as required by applicable law, Shares of Restricted Stock shall become freely transferable by the Participant as soon as practicable after all applicable conditions
and/or restrictions have been satisfied. Except as otherwise provided in the Award Agreement or as required by applicable law, RSUs shall be settled as soon as practicable after all applicable conditions and/or restrictions with respect to such RSUs
have been satisfied, in the form of cash or in Shares (or in a combination thereof) as determined by the Committee and set forth in the Award Agreement. If a cash payment is made in lieu of delivering Shares, the amount of such payment shall be
equal to the Fair Market Value of the Shares as of the date on which all applicable conditions and/or restrictions have been satisfied. 
 9.
Performance Shares and Performance Units 
 9.1 Grant of Performance Shares or Performance Share Units. Performance Shares and Performance
Share Units may be granted to Participants in such amounts, upon such terms and at such times as determined by the Committee. 
 9.2 Performance
Objectives and Other Terms. The Committee will set performance objectives or other vesting provisions in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Share which will vest
or the number or value of Performance Share Units that will be paid out to the Participants. Performance Share Units may be denominated as a cash amount, a number of Shares, a number of units referencing a cash amount, a number of Shares or other
property, or a combination thereof. The time period during which the performance objectives or other vesting provisions must be met will be called the “Performance Period.” Each Award of Performance Shares /Performance Share Units will be
evidenced by an Award Agreement that will specify the Performance Period, and such other terms and conditions as the Committee will determine. The Committee may set performance objectives based upon the achievement of Company-wide, divisional,
business unit or individual goals, applicable federal or state securities laws, or any other basis determined by the Committee in its discretion. After the grant of a Performance Shares /Performance Share Units, the Committee, in its sole
discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Shares /Performance Share Units. 
 9.3
Lapse of Restrictions, Payment of Performance Units/Share Units. Except as otherwise provided in the Award Agreement or as required by applicable law, Performance Shares shall become freely transferable by the Participant as soon
as practicable after all applicable conditions and/or restrictions have been satisfied. Except as otherwise provided in the Award Agreement or as required by applicable law, payment of earned Performance Share Units will be made as soon as
practicable after the expiration of the applicable Performance Period and a determination is made by the Committee as to the extent to which the Performance Share Units have been earned. The Committee, in its sole discretion, may pay earned
Performance Share Units in the form of cash, in Shares (which have an aggregate Fair Market Value equal to the value of the earned Performance Share Units at the close of the applicable Performance Period) or in a combination thereof. 

 10. Other Awards 

The Committee may grant to Participants Other Awards that are denominated in cash or Shares or valued in whole or in part by reference to or are otherwise
based upon Shares, either alone or in addition to other Awards granted under this Plan. Other Awards may be settled in Shares, cash or any other form of property, as the Committee shall determine in its sole discretion. Other Awards may be granted
for past services, in lieu of bonus or other cash compensation, as directors’ compensation or for any other valid purpose as determined by the Committee. Subject to this Plan, the Committee shall have sole and complete authority to determine
the Employees, Directors and Key Persons to whom and the time or times at which Other Awards shall be made, the number of Shares to be granted pursuant to such Other Awards and all other terms and conditions of Other Awards, including whether such
Other Awards are made with or without vesting requirements or require payment of a specified purchase price. Other Awards shall be subject to such other terms and conditions as the Committee shall deem advisable or appropriate, consistent with this
Plan as herein set forth. 
 11. Provisions Applicable to All Awards 

11.1 Award Agreement. Unless the Committee determines otherwise, each Award shall be evidenced by an Award Agreement. Such Award Agreement shall specify
the terms of the Award, including without limitation, the type of the Award, the Option Price or grant price, if any, the number of Shares subject to the Award, the duration of the Award and such other provisions as the Committee shall determine.

 11.2 Continuous Service/Death/Disability. Each Award Agreement shall set forth the governing terms and conditions in the event of the
Participant’s death, Disability, and any interruption or termination of Participant’s Continuous Service. 
 11.3 Transferability of Awards.
Except as otherwise provided otherwise in the Award Agreement, Awards and Shares that have not been issued or as to which any applicable restriction, performance or deferral period has not lapsed, may not be sold, assigned, transferred, pledged or
otherwise encumbered, other than by will or the laws of descent and distribution or pursuant to a qualified domestic relations order (as defined in the Code or the Employment Retirement Income Security Act of 1974, as amended), and such Award may be
exercised during the life of the Participant only by the Participant or the Participant’s guardian or legal representative. 
 11.4
Restrictive Legends. 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. 

 11.5 No Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan.
The Committee shall determine whether cash, additional Awards or other securities or property shall be issued or paid in lieu of fractional Shares or whether any fractional shares should be rounded, up or down, forfeited or otherwise eliminated.

 12. Change in Control 
 12.1 Effect of
Change in Control. The Committee may (but shall not be required to) provide for accelerated vesting of an Award upon, or as a result of specified events following, a Change in Control, either in an Award Agreement or in connection with the
Change in Control. In the event of a Change in Control, the Committee may, among other alternatives, cause any Award: 
 (i)
to be canceled in consideration of a payment in cash or other consideration to such Participant who holds such Award in an amount per share equal to the excess, if any, of the price or implied price per Share in a Change in Control over the per
Share exercise or purchase price of such Award, which shall be paid immediately upon such cancellation and, if the price or implied price per Share in a Change in Control is equal to or less than the per Share exercise or purchase price of such
Award, the Award may be canceled for no consideration; or 
 (ii) to be assumed or a substantially equivalent Award shall be
substituted by the successor corporation or a parent or subsidiary of such successor corporation (the “Successor Corporation”), unless the Successor Corporation does not agree to assume the award or to substitute an equivalent option or
right (or agree to cashout the Award as provided in clause (i)), in which case such Award shall become fully vested immediately prior to the Change of Control and shall thereafter terminate. An Award shall be considered assumed, without limitation,
if, at the time of issuance of the stock or other consideration upon a Change in Control, as the case may be, each holder of an Award would be entitled to receive upon exercise of the award the same number and kind of shares of stock or the same
amount of property, cash or securities as such holder would have been entitled to receive upon the occurrence of the transaction if the holder had been, immediately prior to such transaction, the holder of the number of Shares covered by the award
at such time; provided that if the consideration to be received in the transaction is not solely common stock of the Successor Corporation, the Committee may, with the consent of the Successor Corporation, provide for the consideration to be
received upon exercise of the assumed award to be solely common stock of the Successor Corporation. A transfer among the Successor Corporation and its affiliates shall not be deemed a termination of Participant’s Continuous Service. 

12.2 Termination, Amendment and Modification of Change in Control Provisions. Notwithstanding any other provision of this Plan or any
Award Agreement provision to the contrary, the provisions of this Section 12 may not be terminated, amended, or modified on or after the date of a Change in Control to affect adversely any Award granted under the Plan prior to the Change in Control
without the prior written consent of the Participant to whom the Award was made; except that no action shall be permitted under this Section 12.2 that would impermissibly accelerate or postpone payment of an Award subject to Section 409A of the Code
and the 409A Guidance. 

 13. Amendment, Modification and Termination 

13.1 Amendment, Modification and Termination. Subject to the terms of the Plan, the Board may at any time and from time to time, alter, amend, suspend
or terminate the Plan in whole or in part; provided that without the prior approval of the Company’s stockholders, no material amendment shall be made if stockholder approval is required by law, regulation or applicable listing requirement of
any stock exchange upon which the Common Stock is then listed; provided, further that notwithstanding any other provision of the Plan or any Award Agreement, no such alteration, amendment, suspension or termination shall be made without the approval
of the stockholders of the Company if the alteration, amendment, suspension or termination would increase the number of Shares available for Awards under the Plan, except as provided in Section 5. 

13.2 Awards Previously Granted. No termination, amendment, or modification of the Plan shall adversely affect in any material way any Award previously
granted under the Plan, without the prior written consent of the Participant to whom the Award was made. The Committee may amend any Award previously granted without the prior written consent of the Participant if such amendment does not adversely
affect the Award in any material way and may amend any Award previously granted with the written consent of the Participant. 
 Other than pursuant to
Section 5.5, the Committee shall not without the approval of the Company’s stockholders (i) lower the exercise or grant price per Share of an Option or SAR after it is granted, (ii) cancel an Option or SAR when the exercise or
grant price per Share exceeds the Fair Market Value of one Share in exchange for cash or another Award (other than in connection with a Change in Control as defined in Section 2.10), or (iii) take any other action with respect to an Option
that would be treated as a repricing under the rules and regulations of any stock exchange on which the Common Stock is then listed. 
 14.
Withholding 
 Unless the Participant elects to and satisfies such obligations otherwise, the Company shall make all payments or distributions
pursuant to the Plan to a Participant net of any applicable federal, state and local taxes required to be paid or withheld as a result of (a) the grant of any Award, (b) the exercise of an Option or Stock Appreciation Right, (c) the
delivery of Shares or cash, (d) the lapse of any restrictions in connection with any Award or (e) any other event occurring pursuant to the Plan. The Company or any Subsidiary or Affiliate shall have the right to withhold from wages or
other amounts otherwise payable to a Participant such withholding taxes as may be required by law, or to otherwise require the Participant to pay such withholding taxes. 

If the Participant shall fail to make such tax payments as are required, the Company or its Subsidiaries or Affiliates shall, to the extent permitted by law,
have the right to deduct any such taxes from any payment of any kind otherwise due to such Participant or to take such other action as may be necessary to satisfy such withholding obligations. The Committee shall be authorized to establish
procedures for election by Participants of methods to satisfy such tax payment obligations. 

 15. Indemnification 

Each person who is or shall have been a member of the Committee, or of the Board, shall be indemnified and held harmless by the Company (to the extent
permissible under applicable law) against and from any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any bona fide claim, action, suit, or proceeding against such
person or against the Company and in which he or she may be involved by reason of any action taken or failure to act by him or her under the Plan in his or her capacity as a member of the Committee or of the Board and against and from any and all
amounts paid by him or her in settlement thereof, with the Company’s approval, or paid by him or her in satisfaction of any judgment in any such action, suit, or proceeding against him or her, provided he or she shall give the Company an
opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to
which such persons may be entitled under the Company’s Certificate of Incorporation or Bylaws, as a matter of law, or otherwise, or any power that the Company may have to indemnify them or hold them harmless. 

16. Waiver of Jury Trial 
 BY ACCEPTING AN AWARD
UNDER THE PLAN, EACH PARTICIPANT WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM CONCERNING ANY RIGHTS UNDER THE PLAN AND ANY AWARD, OR UNDER ANY AMENDMENT, WAIVER, CONSENT, INSTRUMENT, DOCUMENT OR OTHER AGREEMENT
DELIVERED OR WHICH IN THE FUTURE MAY BE DELIVERED IN CONNECTION THEREWITH, AND AGREES THAT ANY SUCH ACTION, PROCEEDINGS OR COUNTERCLAIM SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY. BY ACCEPTING AN AWARD UNDER THE PLAN, EACH PARTICIPANT
CERTIFIES THAT NO OFFICER, REPRESENTATIVE OR ATTORNEY OF THE COMPANY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT THE COMPANY WOULD NOT, IN THE EVENT OF ANY ACTION, PROCEEDING OR COUNTERCLAIM, SEEK TO ENFORCE THE FOREGOING WAIVERS. 

17. Miscellaneous 
 17.1 Number. Except where
otherwise indicated by the context, the plural shall include the singular and the singular shall include the plural. 
 17.2 Severability. In
the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision
had not been included. 
 17.3 Requirements of Law. The granting of Awards and the issuance of Shares under the Plan shall be subject to
all applicable laws, rules, and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. In the event that such laws, rules, and/or regulations prohibit the grant of Awards and/or issuance
of Shares under the Plan, or if such actions are prohibited by or approvals cannot be obtained from governmental agencies or national securities exchanges, the Company shall be relieved from liability for failure to grant Awards and/or failure to
issue and sell Shares upon exercise of an Award. 

 17.4 Governing Law. The Plan and each Award Agreement shall be governed by the laws of the State of
Delaware, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Plan to the substantive law of another jurisdiction. 

17.5 Plan Controls. Unless expressly stated otherwise in the Plan, in the event of any conflict between the provisions of an Award Agreement and the
Plan, the Plan shall control, and the conflicting provisions of the Award Agreement shall be null and void ab initio. 
 17.6 Repayment of Awards;
Forfeiture. The Committee hereby reserves the right to seek repayment or recovery of an Award, including any Shares subject to or issued under an Award or the value received pursuant to an Award, as appropriate, notwithstanding any contrary
provision of the Plan, under any recovery, recoupment, clawback and/or other forfeiture policy maintained by the Company from time to time. In addition, any Award, including any Shares subject to or issued under an Award or the value received
pursuant to an Award is also subject to any applicable law or regulation or the standards of any stock exchange on which the Shares are then listed that provide for any such recovery, recoupment, clawback and/or forfeiture. The Committee may also
specify in an Award Agreement 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 events, in addition to applicable
vesting conditions of an Award. Such events may include, without limitation, breach of non-competition, non-solicitation, confidentiality or other restrictive covenants
that are contained in the Award Agreement or otherwise applicable to the Participant, a termination of the Participant’s employment for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the Company
and/or its Affiliates. 
 17.7 Section 409A Compliance. It is intended that the Awards are either exempt from the
requirements of Section 409A of the Code and the 409A Guidance or will satisfy the requirements of Section 409A of the Code and the 409A Guidance (in form and operation) so that compensation deferred under an applicable Award (and
applicable earnings) shall not be included in income under Section 409A of the Code, and the Plan will be construed to that effect. Notwithstanding anything else in the Plan, if the Board determines a Participant to be one of the Company’s
“specified employees” under Section 409A of the Code at the time of such Participant’s Separation from Service in accordance with the identification date specified in the 409A Guidance and the amount hereunder is “deferred
compensation” subject to Section 409A, then any distribution that otherwise would be made to such Participant with respect to this Award as a result of such termination shall not be made until the date that is six months after such
Separation from Service or, if earlier, the date of the death of the Participant. 
 However, neither the Company nor the Committee shall have any obligation
to take any action to prevent the assessment of any excise tax or penalty on any person for any equity award under Section 409A of the Code. If an Award is subject to Section 409A of the Code and the 409A

 
Guidance, the Award Agreement will incorporate and satisfy the written documentation requirement of Section 409A of the Code and the 409A Guidance either directly or by reference to other
documents. Notwithstanding the foregoing, the Company and the Committee shall not have any liability to any Participant for taxes or penalties under Section 409A of the Code, and the Company and the Committee shall not have any obligation to
indemnify any Participant for any taxes or penalties under Section 409A of the Code. 
 17.8 Stockholder Rights. Except as provided in the Plan
or an Award Agreement, no Participant or Beneficiary shall have any rights as a stockholder with respect to Shares subject to an Award until such Shares are delivered to the Participant or the Beneficiary, and no adjustment shall be made for
dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions of other rights for which the record date is prior to the date such Shares are delivered. 

17.9 No Employment or Other Service Rights. Nothing in the Plan or any instrument executed or Award granted pursuant thereto shall confer upon any
Participant any right to continue to serve the Company or an Affiliate in the capacity in effect at the time the Award was granted or shall affect the right of the Company or an Affiliate to terminate (a) the employment of an Employee with or
without notice and with or without Cause or (b) the service of a Director pursuant to the By-laws of the Company or an Affiliate, and any applicable provisions of the corporate law of the state in which
the Company or the Affiliate is incorporated, as the case may be. 
 17.10 Sub-plans. The Committee may from
time to time establish sub-plans under the Plan for purposes of satisfying blue sky, securities, tax, or other laws of various jurisdictions in which the Company intends to grant Awards. Any sub-plans shall contain such limitations and other terms and conditions as the Committee determines are necessary or desirable. All sub-plans shall be deemed a part of the
Plan, but each sub-plan shall apply only to the Participants in the jurisdiction for which the sub-plan was designed. 

17.11 Acceleration of Exercisability and Vesting. The Committee, as allowed under applicable law, shall have the power to accelerate the time at which
an Award may first be exercised or the time during which an Award or any part thereof will vest in accordance with the Plan, notwithstanding the provisions in the Award stating the time at which it may first be exercised or the time during which it
will vest. 
 17.12 Unfunded Plan. The Plan shall be unfunded. Neither the Company, the Board, nor the Committee shall be required to establish any
special or separate fund or to segregate any assets to assure the performance of their obligations under the Plan. 
 17.13 Disqualifying
Dispositions. Any Participant who shall make a “disposition” under Section 424 of the Code of all or any portion of Shares acquired upon exercise of an ISO within two (2) years from the grant date of such ISO or within one
year after the issuance of the Shares acquired upon exercise of such ISO shall be required to immediately advise the Company in writing as to the occurrence of the sale and the price realized upon the sale of such Shares. 

 17.14 Non-Uniform Treatment. The
Committee’s determinations under the Plan need not be uniform and may be made by it selectively among persons who are eligible to receive, or actually receive, Awards. Without limiting the generality of the foregoing, the Committee shall be
entitled to make non-uniform and selective determinations, amendments, and adjustments, and to enter into non-uniform and selective Award Agreements.

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