Document:

EX-10.15

 Exhibit 10.15 

BHI HOLDING CORP. 

2011 EQUITY INCENTIVE PLAN 

Article 1. Establishment & Purpose 

1.1 Establishment. BHI Holding Corp., a Delaware corporation (the “Company”), hereby establishes the 2011 Equity
Incentive Plan (this “Plan”) as set forth herein. 
 1.2 Purpose of this Plan. The purpose of this Plan is to
attract, retain and motivate the officers, directors, employees and consultants of the Company and its Subsidiaries and Affiliates, and to promote the success of the Company’s business by providing them with appropriate incentives and rewards
either through a proprietary interest in the long-term success of the Company or compensation based on fulfilling certain performance goals. 
 Article
2. Definitions 
 Whenever capitalized in the Plan, the following terms shall have the meanings set forth below (unless otherwise
specified). 
 2.1 “Affiliate” means any entity that the Company, either directly or indirectly, is under common
control with, is controlled by or controls, or any entity that the Company has a substantial direct or indirect equity interest, as determined by the Board. 

2.2 “Award” means any Option, Stock Appreciation Right, Restricted Stock, Dividend Equivalent or Other Stock-Based
Award that is granted under the Plan. 
 2.3 “Award Agreement” means either (a) a written agreement entered
into by the Company and a Participant setting forth the terms and provisions applicable to an Award granted under this Plan, or (b) a written statement signed by an authorized officer of the Company to a Participant describing the terms and
provisions of the actual grant of such Award. 
 2.4 “Beneficial Owner” or “Beneficial
Ownership” shall have the meaning ascribed to such term in Rule 13d-3 of the General Rules and Regulations under the Exchange Act. 

2.5 “Board” means the Board of Directors of the Company. 

2.6 “Cause” means, with respect to any Participant, the meaning ascribed to such term in such Participant’s
employment agreement with the Company or any of its Subsidiaries or Affiliates, or if such Participant is not a party to an employment agreement or “Cause” is not defined therein, “Cause” means (i) Participant’s refusal
to comply with any lawful directive or policy of the Board which refusal is not cured by the Participant within ten (10) days of such written notice from the Company; (ii) the Company’s determination that, in the reasonable judgment
of the Board, Participant has committed any act of dishonesty, embezzlement, unauthorized use or disclosure of confidential information or other intellectual property or trade secrets, common law fraud or other fraud against the Company or any
Subsidiary or Affiliate; (iii) a material breach by the Participant of any written agreement with or any fiduciary duty owed to any Company or any Subsidiary or Affiliate; (iv) Participant’s conviction (or the entry of a plea of a
nolo contendere or equivalent plea) in a court of competent jurisdiction of a felony or any misdemeanor involving material dishonesty or moral turpitude; or (v) Participant’s habitual or repeated misuse of, or habitual or repeated
performance of Participant’s duties under the influence of, alcohol, illegally obtained prescription controlled substances or non-prescription controlled substances. 

 2.7 “Change of Control” means, unless otherwise specified in the Award
Agreement, the occurrence of any of the following events: (a) any consolidation, amalgamation, or merger of the Company with or into any other Person, or any other corporate reorganization, business combination, transaction, transfer or new
issuance of securities of the Company by its stockholders, or a series of transactions (including the acquisition of capital stock of the Company), whether or not the Company is a party thereto, in which the stockholders of the Company immediately
prior to such consolidation, merger, reorganization, business combination, transaction or issuance, collectively have Beneficial Ownership, directly or indirectly, of capital stock representing directly, or indirectly through one or more entities,
less than fifty percent of the equity (measured by economic value or voting power (by contract, share ownership or otherwise) of the Company or other surviving entity immediately after such consolidation, merger, reorganization, business combination
or transaction; or (b) the sale or disposition, in one transaction or a series of related transactions, of all or substantially all of the assets of the Company to any Person; provided, however, that in no event shall a Change in
Control of the Company be deemed to include (i) any transaction effected for the purpose of (A) changing, directly or indirectly, the form of organization or the organizational structure of the Company or any of its Subsidiaries or
(B) contributing assets or equity to entities controlled by the Company (or owned by the stockholders in substantially the same proportions as their ownership of the Company) or (ii) an initial public offering or other primary issuance of
shares. 
 Notwithstanding anything to the contrary herein, and solely for the purpose of determining the timing of payment or timing of distribution of any
compensation or benefit that constitutes “nonqualified deferred compensation” within the meaning of Section 409A of the Code, a Change of Control shall not be deemed to occur under the Plan unless the Change of Control also
constitutes a “change in the ownership” of the Company, a “change in effective control” of the Company, or a “change in the ownership of a substantial portion of the assets” of the Company under Treasury Regulations
§ 1.409A-3(i)(5), or any successor provision. 
 2.8 “Code” means the U.S. Internal Revenue Code of 1986, as
amended from time to time. 
 2.9 “Committee” means the Board, or any committee designated by the Board to
administer this Plan in accordance with Article 3 of the Plan. 
 2.10 “Consultant” means any person (other
than an Employee or a Director) who is engaged by the Company, a Subsidiary or an Affiliate to render consulting or advisory services to the Company or such Subsidiary or Affiliate. 

2.11 “Director” means a member of the Board who is not an Employee. 

2.12 “Dividend Equivalent” means any right to a dividend equivalent granted from time to time under Article 9
of the Plan. 
 2.13 “Effective Date” means the date set forth in Section 15.15 of the Plan. 

2.14 “Employee” means an officer or other employee of the Company or any Subsidiary or Affiliate, including a member
of the Board who is such an employee. 
 2.15 “Exchange Act” means the Securities Exchange Act of 1934, as amended
from time to time. 
 2.16 “Fair Market Value” means, as of any date, the per Share value determined as follows:

  
 2 

	 	(a)	if the Shares are listed on any established stock exchange or a national market system, the per Share Fair Market Value shall be the closing sales price (or the closing bid, if no sales were reported) on the date of
determination (or, if no closing sales price or closing bid was reported on that date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the
Committee deems reliable; 

  

	 	(b)	if the Shares are regularly quoted on an automated quotation system (including the OTC Bulletin Board and the “Pink Sheets” published by the National Quotation Bureau, Inc.) or by a recognized securities
dealer, but selling prices are not reported, the per Share Fair Market Value shall be the mean between the high bid and low asked prices for a Share on the date of determination (or, if no such prices were reported on that date, on the last date
such prices were reported), as reported in The Wall Street Journal or such other source as the Committee deems reliable; 

  

	 	(c)	in the absence of an established market for the Shares, the per Share Fair Market Value thereof, disregarding any discount for minority interest, shall be determined in good faith by the Board through a reasonable
application of a reasonable valuation method. 

 2.17 “Incentive Stock Option” means an Option
intended to meet the requirements of an incentive stock option as defined in Section 422 of the Code and designated as an Incentive Stock Option in accordance with Article 6 of the Plan. 

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

2.19 “Option” means any stock option granted from time to time under Article 6 of the Plan. 

2.20 “Option Price” means the purchase price per Share subject to an Option, as determined pursuant to
Section 6.2 of the Plan. 
 2.21 “Other Stock-Based Award” means any right granted under Article
10 of the Plan. 
 2.22 “Participant” means any eligible person as set forth in Section 4.1 of the
Plan to whom an Award is granted. 
 2.23 “Person” means any natural person, sole proprietorship, general
partnership, limited partnership, limited liability company, joint venture, trust, unincorporated organization, association, corporation, governmental authority, or any other organization, irrespective of whether it is a legal entity and includes
any successor (by merger or otherwise) of such entity. 
 2.24 “Restricted Stock” means any Award granted under
Article 8 of the Plan. 
 2.25 “Restriction Period” means the period during which Restricted Stock awarded
under Article 8 of the Plan is subject to forfeiture. 
 2.26 “Service” means service as an Employee,
Director or Consultant. 

  
 3 

 2.27 “Share” means a share of common stock of the Company, par value
$0.01 per share, or such other class or kind of shares or other securities resulting from the application of Article 12 of the Plan. 

2.28 “Stock Appreciation Right” means any right granted under Article 7 of the Plan. 

2.29 “Stockholders’ Agreement” means that certain Stockholders’ Agreement dated August 18, 2011, among
the Company and its stockholders, as may be amended from time to time. 
 2.30 “Subsidiary” means any corporation,
partnership, limited liability company or other legal entity of which the Company, directly or indirectly, owns stock or other equity interests possessing fifty percent or more of the total combined voting power of all classes of stock or other
equity interests. 
 2.31 “Ten Percent Shareholder” means a person who on any given date owns, either directly or
indirectly (taking into account the attribution rules contained in Section 424(d) of the Code), stock possessing more than ten percent of the total combined voting power of all classes of stock of the Company or a Subsidiary or Affiliate. 

Article 3. Administration 
 3.1
Authority of the Committee. This Plan shall be administered by the Committee, which shall have full power to interpret and administer this Plan and Award Agreements and full authority to select the Directors, Employees and Consultants to whom
Awards will be granted and determine the type and amount of Awards to be granted to each such Director, Employee or Consultant, the terms and conditions of Awards granted under this Plan and the terms of Award Agreements. Without limiting the
generality of the foregoing, the Committee may, in its sole discretion, interpret, clarify, construe or resolve any ambiguity in any provision of the Plan or any Award Agreement, accelerate or waive vesting of Awards and exercisability of Awards,
extend the term or period of exercisability of any Awards (subject to the requirements of Section 409A of the Code), modify the purchase price under any Award, or waive any terms or conditions applicable to any Award, subject to the limitations
set forth in Section 14.2 of the Plan. Awards may, in the discretion of the Committee, be made under the Plan in assumption of, or in substitution for, outstanding awards previously granted by the Company or its Affiliates or a company
acquired by the Company or with which the Company combines. The Committee shall have full and exclusive discretionary power to adopt rules, forms, instruments and guidelines for administering the Plan as the Committee deems necessary or proper. All
actions taken and all interpretations and determinations made by the Committee or by the Board (or any other committee or sub-committee thereof), as applicable, shall be final and binding upon the Participants, the Company and all other interested
parties. 
 3.2 Delegation. The Committee may delegate to one or more of its members, one or more officers of the Company or any
Subsidiary, and one or more agents or advisors such administrative duties or powers as it may deem advisable. 
 Article 4. Eligibility and Participation

 4.1 Eligibility. Participants will consist of such Employees, Directors and Consultants as the Committee in its sole discretion
determines and whom the Committee may designate from time to time to receive Awards under the Plan. Designation of a Participant in any year shall not require the Committee to designate such person to receive an Award in any other year or, once
designated, to receive the same type or amount of Award as granted to the Participant in any other year. 

  
 4 

 4.2 Type of Awards. Awards under this Plan may be granted in any one or a combination of:
(a) Options; (b) Stock Appreciation Rights; (c) Restricted Stock; (d) Dividend Equivalents and (e) Other Stock-Based Awards. Awards granted under the Plan shall be evidenced by Award Agreements (which need not be identical) that
provide additional terms and conditions associated with such Awards, as determined by the Committee in its sole discretion; provided, that in the event of any conflict between the provisions of the Plan and any such Award Agreement, the
provisions of the Plan shall prevail. 
 Article 5. Shares Subject to this Plan and Maximum Awards 

5.1 Number of Shares Available for Awards. 
  

	 	(a)	Shares. Subject to adjustment as provided in this Article 5 and Article 12 of the Plan, the maximum number of Shares available for issuance to Participants pursuant to Awards under the Plan shall be
13,636 Shares. The number of Shares available for granting Incentive Stock Options under the Plan shall not exceed 13,636 Shares, subject to adjustments provided in Article 12 hereof and subject to the provisions of Sections 422 or 424 of the
Code or any successor provisions. The Shares available for issuance under this Plan may consist, in whole or in part, of authorized and unissued Shares or treasury Shares. Any Shares delivered to the Company as part or full payment for the purchase
price of an Award granted under this Plan or to satisfy the Company’s withholding obligation with respect to an Award granted under this Plan shall again be available for Awards under the Plan. 

 

	 	(b)	Additional Shares. In the event that any outstanding Award expires, is forfeited, cancelled or otherwise terminated without consideration (i.e., Shares or cash) therefor, the Shares subject to such Award, to the
extent of any such forfeiture, cancellation, expiration, termination or settlement for cash, shall again be available for Awards under this Plan. If the Committee authorizes the assumption under this Plan, in connection with any merger,
consolidation, acquisition of property or stock, or reorganization, of awards granted under another plan, such assumption shall not reduce the maximum number of Shares available for issuance under this Plan. 

Article 6. Stock Options 
 6.1 Grant of
Options. The Committee is hereby authorized to grant Options to Participants. Each Option shall permit a Participant to purchase from the Company a stated number of Shares at an Option Price established by the Committee, subject to the terms and
conditions described in this Article 6 and to such additional terms and conditions, as established by the Committee, in its sole discretion, that are consistent with the provisions of the Plan. Options shall be designated as either Incentive
Stock Options or shall be Nonqualified Stock Options; provided, that Options granted to Directors and Consultants shall be Nonqualified Stock Options. An Option granted as an Incentive Stock Option shall, to the extent it fails to qualify as
an Incentive Stock Option, be treated as a Nonqualified Stock Option. Neither the Committee, the Company, any of its Subsidiaries or Affiliates, nor any of their employees or representatives shall be liable to any Participant or to any other Person
if it is determined that an Option intended to be an Incentive Stock Option does not qualify as an Incentive Stock Option. Options shall be evidenced by Award Agreements which shall state the number of Shares covered by such Option. Such agreements
shall conform to the requirements of the Plan, and may contain such other provisions, as the Committee shall deem advisable. 

  
 5 

 6.2 Option Price. The Option Price shall be determined by the Committee at the time of
grant, but shall not be less than one-hundred percent of the Fair Market Value of a Share on the date of grant. In the case of any Incentive Stock Option granted to a Ten Percent Shareholder, the Option Price shall not be less than one-hundred-ten
percent of the Fair Market Value of a Share on the date of grant. 
 6.3 Option Term. The term of each Option shall be determined by
the Committee at the time of grant and shall be stated in the Award Agreement, but in no event shall such term be greater than ten years (or, in the case on an Incentive Stock Option granted to a Ten Percent Shareholder, five years). 

6.4 Time of Exercise. Options granted under this Article 6 shall be exercisable at such times and be subject to such
restrictions and conditions as the Committee shall in each instance approve as set forth in each Award Agreement, which terms and restrictions need not be the same for each grant or for each Participant. 

6.5 Method of Exercise. Except as otherwise provided in the Plan or in an Award Agreement, an Option may be exercised for all, or from
time to time any part, of the Shares for which it is then exercisable. For purposes of this Article 6, the exercise date of an Option shall be the later of the date a notice of exercise is received by the Company and, if applicable, the date
full payment is received by the Company pursuant to clauses (a), (b), (c), (d), or (e) of the following sentence (including the applicable tax withholding pursuant to Section 15.3 of the Plan). The aggregate Option Price for the
Shares as to which an Option is exercised shall be paid to the Company in full at the time of exercise at the election of the Participant: (a) in cash or its equivalent (e.g., by cashier’s check); (b) to the extent permitted by the
Committee, in Shares (whether or not previously owned by the Participant) having a Fair Market Value equal to the aggregate Option Price for the Shares being purchased and satisfying such other requirements as may be imposed by the Committee;
(c) partly in cash and, to the extent permitted by the Committee, partly in such Shares (as described in (b) above); (d) to the extent permitted by the Committee, by reducing the number of Shares otherwise deliverable upon the
exercise of the Option by the number of Shares having a Fair Market Value equal to the Option Price; or (e) if there is a public market for the Shares at such time, subject to such requirements as may be imposed by the Committee, through the
delivery of irrevocable instructions to a broker to sell Shares obtained upon the exercise of the Option and to deliver promptly to the Company an amount out of the proceeds of such sale equal to the aggregate Option Price for the Shares being
purchased. The Committee may prescribe any other method of payment that it determines to be consistent with applicable law and the purpose of the Plan. 

6.6 Limitations on Incentive Stock Options. Incentive Stock Options may be granted only to employees of the Company or of a
“parent corporation” or “subsidiary corporation” (as such terms are defined in Section 424 of the Code) at the date of grant. The aggregate Fair Market Value (generally determined as of the time the Option is granted) of the
Shares with respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year (under all plans of the Company and of any parent corporation or subsidiary corporation) shall not exceed one hundred
thousand dollars. For purposes of the preceding sentence, Incentive Stock Options will be taken into account generally in the order in which they are granted. No Incentive Stock Option may be exercised later than ten years after the date it is
granted. Each provision of the Plan and each Award Agreement relating to an Incentive Stock Option shall be construed so that each Incentive Stock Option shall be an incentive stock option as defined in Section 422 of the Code, and any
provisions of the Award Agreement thereof that cannot be so construed shall be disregarded. 
 Article 7. Stock Appreciation Rights 

7.1 Grant of Stock Appreciation Rights. The Committee is hereby authorized to grant Stock Appreciation Rights to Participants, including
a grant of Stock Appreciation Rights in tandem with 

  
 6 

 
any Option at the same time such Option is granted (a “Tandem SAR”). Stock Appreciation Rights shall be evidenced by Award Agreements that shall conform to the requirements of
the Plan and may contain such other provisions, as the Committee shall deem advisable. Subject to the terms of the Plan and any applicable Award Agreement, a Stock Appreciation Right granted under the Plan shall confer on the holder thereof a right
to receive, upon exercise thereof, the excess of: (a) the Fair Market Value of a specified number of Shares on the date of exercise over (b) the grant price of the right as specified by the Committee on the date of the grant. Such payment
may be in the form of cash, Shares, other property or any combination thereof, as the Committee shall determine in its sole discretion. 

7.2 Terms of Stock Appreciation Right. Each Stock Appreciation Right grant shall be evidenced by an Award Agreement which shall state
the grant price (which shall not be less than one-hundred percent of the Fair Market Value of a Share on the date of grant), term, methods of exercise, methods of settlement, and such other provisions as the Committee shall determine. No Stock
Appreciation Right shall have a term of more than ten (10) years from the date of grant. 
 7.3 Tandem Stock Appreciation Rights and
Options. A Tandem SAR shall be exercisable only to the extent that the related Option is exercisable and shall expire no later than the expiration of the related Option. Upon the exercise of all or a portion of a Tandem SAR, a Participant shall
be required to forfeit the right to purchase an equivalent portion of the related Option (and, when a Share is purchased under the related Option, the Participant shall be required to forfeit an equivalent portion of the Stock Appreciation Right).

 Article 8. Restricted Stock 
 8.1
Grant of Restricted Stock. The Committee is hereby authorized to grant Restricted Stock to Participants. An Award of Restricted Stock is a grant by the Committee of a specified number of Shares to the Participant, which Shares may be subject to
forfeiture upon the occurrence of specified events. Participants shall be awarded Restricted Stock in exchange for consideration not less than the minimum consideration required by applicable law. Restricted Stock shall be evidenced by an Award
Agreement, which shall conform to the requirements of the Plan and may contain such other provisions, as the Committee shall deem advisable. 

8.2 Terms of Restricted Stock Awards. Each Award Agreement evidencing a Restricted Stock grant shall specify the Restriction Period(s),
the number of Shares of Restricted Stock subject to the Award, the purchase price, if any, of the Restricted Stock, the performance, employment, or other conditions (including the termination of a Participant’s Service whether due to death,
disability or other reason) under which the Restricted Stock may become vested or may be forfeited to the Company and such other provisions as the Committee shall determine. Any Restricted Stock granted under the Plan shall be evidenced in such
manner as the Committee may deem appropriate, including book-entry registration or issuance of a stock certificate or certificates (in which case, the certificate(s) representing such Shares shall be legended as to sale, transfer, assignment, pledge
or other encumbrances during the Restriction Period and deposited by the Participant, together with a stock power endorsed in blank, with the Company, to be held in escrow during the Restriction Period). At the end of the Restriction Period, the
restrictions imposed hereunder and under the Award Agreement shall lapse with respect to the number of Shares of Restricted Stock as determined by the Committee, and the legend shall be removed and such number of Shares delivered to the Participant
(or, where appropriate, the Participant’s legal representative). 
 8.3 Voting and Dividend Rights. Unless otherwise determined
by the Committee and set forth in a Participant’s Award Agreement, Participants holding Restricted Stock granted hereunder shall not have the right to exercise voting rights with respect to the Restricted Stock during the Restriction Period and
shall have the right to receive dividends on the Restricted Stock during the Restriction Period. 

  
 7 

 8.4 Performance Goals. The Committee may condition the grant of Restricted Stock or the
expiration of the Restriction Period upon the Participant’s achievement of one or more performance goal(s) specified in the Award Agreement. If the Participant fails to achieve the specified performance goal(s), the Committee shall not grant
the Restricted Stock to such Participant or the Participant shall forfeit the Award of Restricted Stock to the Company, as applicable, unless otherwise provided in the Participant’s Award Agreement. 

8.5 Section 83(b) Election. If a Participant makes an election pursuant to Section 83(b) of the Code concerning Restricted
Stock, the Participant shall be required to promptly file a copy of such election with the Company. 
 Article 9. Dividend Equivalents 

The Committee may grant Dividend Equivalents to Participants based on the dividends declared on Shares that are subject to any Award. The grant
of Dividend Equivalents shall be treated as a separate Award. Dividend Equivalents shall be credited to a notional account maintained by the Company, as of dividend payment dates during the period between the date the Award is granted and the date
the Award is exercised, vested, expired, credited or paid, as applicable. Such Dividend Equivalents shall be converted to cash or Shares by such formula and at such time and subject to such limitations as may be determined by the Committee. As
determined by the Committee, Dividend Equivalents granted with respect to any Option or Stock Appreciation Right shall be payable regardless of whether such Option or Stock Appreciation Right is subsequently exercised. 

Article 10. Other Stock-Based Awards 
 The
Committee, in its sole discretion, may grant Awards of Shares and Awards that are valued, in whole or in part, by reference to, or are otherwise based on the Fair Market Value of, Shares (the “Other Stock-Based Awards”), including
without limitation, restricted stock units and other phantom awards. Such Other Stock-Based Awards shall be in such form, and dependent on such conditions, as the Committee shall determine, including, without limitation, the right to receive one or
more Shares (or the equivalent cash value of such Shares) upon the completion of a specified period of Service, the occurrence of an event, and/or the attainment of performance objectives. Other Stock-Based Awards may be granted alone or in addition
to any other Awards granted under the Plan. Subject to the provisions of the Plan, the Committee shall determine to whom and when Other Stock-Based Awards will be made, the number of Shares to be awarded under (or otherwise related to) such Other
Stock-Based Awards, whether such Other Stock-Based Awards shall be settled in cash, Shares or a combination of cash and Shares, and all other terms and conditions of such Awards (including, without limitation, the vesting provisions thereof and
provisions ensuring that all Shares so awarded and issued shall be fully paid and non-assessable). 
 Article 11. Compliance with Section 409A of
the Code 
 11.1 General. The Company intends that the Plan and all Awards be construed to avoid the imposition of additional
taxes, interest, and penalties pursuant to Section 409A of the Code (together with all regulations, guidance, compliance programs, and other interpretative authority thereunder (“Section 409A”)). Notwithstanding the
Company’s intention, in the event any Award is subject to such additional taxes, interest or penalties pursuant to Section 409A, the Committee may, in its sole discretion and without a Participant’s prior consent, amend the Plan
and/or Awards, adopt policies and procedures, or 

  
 8 

 
take any other actions (including amendments, policies, procedures and actions with retroactive effect) as are necessary or appropriate to (a) exempt the Plan and/or any Award from the
application of Section 409A, (b) preserve the intended tax treatment of any such Award, or (c) comply with the requirements of Section 409A, including without limitation any such regulations guidance, compliance programs, and
other interpretative authority that may be issued after the date of the grant. 
 11.2 Payments to Specified Employees.
Notwithstanding any contrary provision in the Plan or any Award Agreement, any payment(s) of “nonqualified deferred compensation” (within the meaning of Section 409A) that are otherwise required to be made under the Plan or any
Award Agreement to a “specified employee” (as defined under Section 409A) as a result of his or her “separation from service” (as defined below) (other than a payment that is not subject to Section 409A) shall be
delayed for the first six months following such “separation from service” and shall instead be paid (in a manner set forth in the Award Agreement) on the date that immediately follows the end of such six-month period (or, if earlier,
within 10 business days following the date of death of the specified employee) or as soon as administratively practicable thereafter. 

11.3 Separation from Service. A termination of Service shall not be deemed to have occurred for purposes of any provision of the Plan
or any Award Agreement providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section 409A upon or following a termination of Service, unless such termination is also a “separation
from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A. For purposes of any such provision of the Plan or any Award Agreement relating to any
such payments or benefits, references to a “termination,” “termination of employment,” “termination of Service,” or like terms shall mean “separation from service.” 

Article 12. Adjustments 
 12.1
Adjustments in Capitalization. In the event of any corporate event or transaction involving the Company, a Subsidiary and/or an Affiliate (including, but not limited to, a change in the Shares of the Company or the capitalization of the Company)
such as a merger, consolidation, reorganization, recapitalization, separation, stock dividend, stock split, reverse stock split, split up, spin-off, combination of Shares, exchange of Shares, dividend in kind, extraordinary cash dividend,
amalgamation, or other like change in capital structure (other than normal cash dividends to stockholders of the Company), or any similar corporate event or transaction, the Committee, to prevent dilution or enlargement of Participants’ rights
under the Plan, shall substitute or adjust, subject to compliance with Section 409A and in its sole discretion, (i) the number and kind of Shares or other securities that may be issued under the Plan or under particular forms of Awards,
(ii) the number and kind of Shares or other securities subject to outstanding Awards, (iii) the Option Price, grant price or purchase price applicable to outstanding Awards, (iv) the grant of a Dividend Equivalent, and/or
(v) other value determinations applicable to the Plan or outstanding Awards. 
 12.2 Change of Control. Upon the occurrence of a
Change of Control after the Effective Date, unless otherwise specifically prohibited under applicable laws or by the applicable rules and regulations of any governmental agencies or national securities exchanges, or unless the Committee shall
determine otherwise in the Award Agreement, the Committee is authorized (but not obligated) to make adjustments in the terms and conditions of outstanding Awards, including without limitation the following (or any combination thereof):
(i) continuation or assumption of such outstanding Awards under the Plan by the Company (if it is the surviving company or corporation) or by the surviving company or corporation or its parent; (ii) substitution by the surviving company or
corporation or its parent of awards with substantially the same terms for such outstanding Awards; (iii) accelerated exercisability, vesting and/or lapse of restrictions under some or all then outstanding Awards immediately prior to the

  
 9 

 
occurrence of such event; (iv) upon written notice, provide that any outstanding Awards must be exercised, to the extent then exercisable, during a reasonable period of time immediately
prior to the scheduled consummation of the event, or such other period as determined by the Committee (in either case, contingent upon the consummation of the event), and at the end of such period, such Awards shall terminate to the extent not so
exercised within the relevant period; and (v) cancellation of all or any portion of outstanding Awards for fair value as determined in the sole discretion of the Committee, provided, that, in the case of Options and Stock Appreciation Rights,
the fair value may equal the excess, if any, of the value of the consideration to be paid in the Change of Control transaction to holders of the same number of Shares subject to such Awards (or, if no such consideration is paid, Fair Market Value of
the Shares subject to such outstanding Awards or portion thereof being canceled) over the aggregate Option Price or grant price, as applicable, with respect to such Awards or portion thereof being canceled, or if no such excess, zero. 

Article 13. Termination of Service 

13.1 Termination of Service for Cause. Unless the Award Agreement provides otherwise, all of a Participant’s Awards (including any
exercised Awards for which Shares have not been delivered to the Participant) shall be cancelled and forfeited immediately on the date Participant’s Service terminates if such termination is for Cause and the Company shall return to the
Participant the price (if any) paid for such undelivered Shares. 
 13.2 Termination of Service For Reason Other Than Cause. If a
Participant’s Service is terminated other than a termination for Cause, then unless the Award Agreement provides otherwise, all unvested Awards will terminate immediately as of the date the Participant’s Service terminates and all vested
Awards will terminate on the earliest of (a) the expiration of their term and (b) the ninetieth day following such termination. 
 Article 14.
Duration, Amendment, Modification, Suspension, and Termination 
 14.1 Duration of Plan. Unless sooner terminated as provided in
Section 14.2, this Plan shall terminate on the tenth anniversary of the Effective Date. Upon a termination of the Plan Awards shall remain outstanding in accordance with the terms set forth in each applicable Award Agreement. 

14.2 Amendment, Modification, Suspension and Termination of Plan. Subject to the terms of the Plan, the Committee may amend, alter,
suspend, discontinue, or terminate this Plan or any portion thereof or any Award (or Award Agreement) hereunder at any time, in its sole discretion, provided, that, no action taken by the Committee shall adversely affect in any
material respect the rights granted to any Participant under any outstanding Awards (other than pursuant to Article 11 or Article 12, or as the Committee deems necessary to comply with applicable law, including without limitation, the
Dodd-Frank Wall Street Reform and Consumer Protection Act) without the Participant’s written consent. 
 Article 15. General Provisions 

15.1 No Right to Service or Award. The granting of an Award under the Plan shall impose no obligation on the Company, any Subsidiary or
any Affiliate to continue the Service of a Participant and shall not lessen or affect any right that the Company, any Subsidiary or any Affiliate may have to terminate the Service of such Participant. No Participant or other Person shall have any
claim to be granted any Award, and there is no obligation for uniformity of treatment of Participants, or holders or beneficiaries of Awards. The terms and conditions of Awards and the Committee’s determinations and interpretations with respect
thereto need not be the same with respect to each Participant (whether or not such Participants are similarly situated). 

  
 10 

 15.2 Settlement of Awards; Fractional Shares. Each Award Agreement shall establish the
form in which the Award shall be settled. The Committee shall determine whether cash, Awards, other securities or other property shall be issued or paid in lieu of fractional Shares or whether such fractional Shares or any rights thereto shall be
issued, rounded, forfeited, or otherwise eliminated. 
 15.3 Tax Withholding. The Company shall have the power and the right to
deduct or withhold automatically from any amount deliverable under the Award or otherwise, or require a Participant to remit to the Company, the minimum statutory amount to satisfy federal, state, and local taxes, domestic or foreign, required by
law or regulation to be withheld with respect to any taxable event arising as a result of the Plan. With respect to required withholding, Participants may elect (subject to the Company’s automatic withholding right set out above), subject to
the approval of the Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold Shares having a Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax that could
be imposed on the transaction. 
 15.4 No Guarantees Regarding Tax Treatment. Participants (or their beneficiaries) shall be
responsible for all taxes with respect to any Awards under the Plan. Notwithstanding anything contained herein to the contrary, the Committee and the Company make no guarantees to any Person regarding the tax treatment of Awards or payments made
under the Plan. Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax on any Person with respect to any Award under Section 280G, Section 409A or Section 457A of the Code or
otherwise and none of the Company, any of its Subsidiaries or Affiliates, or any of their employees or representatives shall have any liability to a Participant with respect thereto. 

15.5 Non-Transferability of Awards. Unless otherwise determined by the Committee, an Award shall not be transferable or assignable by
the Participant except in the event of his death (subject to the applicable laws of descent and distribution) and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against
the Company or any Affiliate. No transfer shall be permitted for value or consideration. An award exercisable after the death of a Participant may be exercised by the heirs, legatees, personal representatives or distributees of the Participant. Any
permitted transfer of the Awards to heirs, legatees, personal representatives or distributees of the Participant shall not be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such
evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof. 

15.6 Conditions and Restrictions on Shares. The Committee may impose such other conditions or restrictions on any Shares received in
connection with an Award as it may deem advisable or desirable. These restrictions may include, but shall not be limited to, requirements that the Participant: (a) become a signatory to the Company’s then-existing stockholders agreement;
(b) hold the Shares received for a specified period of time; or (c) represent and warrant in writing that the Participant is acquiring the Shares for investment and without any present intention to sell or distribute such Shares. The
certificates for Shares may include any legend which the Committee deems appropriate to reflect any conditions and restrictions applicable to such Shares. 

15.7 Shares Not Registered. Shares and Awards shall not be issued under this Plan unless the issuance and delivery of such Shares and
any Awards comply with (or are exempt from) all applicable requirements of law, including, without limitation, the Securities Act of 1933, as amended, the rules and 

  
 11 

 
regulations promulgated thereunder, State securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities may then be
traded. The Company shall not be obligated to file any registration statement under any applicable securities laws to permit the purchase or issuance of any Shares or any Awards under this Plan, and accordingly any certificates for Shares or
documents granting Awards may have an appropriate legend or statement of applicable restrictions endorsed thereon. If the Company deems it necessary to ensure that the issuance of securities under this Plan is not required to be registered under any
applicable securities laws, each Participant to whom such security would be purchased or issued shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company reasonably requires.

 15.8 Awards to Non-U.S. Employees or Directors. To comply with the laws in countries other than the United States in which the
Company or any Subsidiary or Affiliate operates or has Employees, Directors or Consultants, the Committee, in its sole discretion, shall have the power and authority to: (a) determine which Subsidiaries or Affiliates shall be covered by the
Plan; (b) determine which Employees, Directors or Consultants outside the United States are eligible to participate in the Plan; (c) modify the terms and conditions of any Award granted to Employees, Directors or Consultants outside the
United States to comply with applicable foreign laws; (d) take any action, before or after an Award is made, that it deems advisable to obtain approval or comply with any necessary local government regulatory exemptions or approvals; and
(e) establish subplans and modify exercise procedures and other terms and procedures, to the extent such actions may be necessary or advisable. 

15.9 Rights as a Stockholder. Except as otherwise provided herein or in the applicable Award Agreement, a Participant shall have none
of the rights of a stockholder with respect to Shares covered by any Award until the Participant becomes the record holder of such Shares. 

15.10 Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in
any jurisdiction, or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so
construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person, or Award, and the remainder of the Plan and any
such Award shall remain in full force and effect. 
 15.11 Unfunded Plan. Participants shall have no right, title, or interest
whatsoever in or to any investments that the Company or any of its Subsidiaries or Affiliates may make to aid it in meeting its obligations under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create
or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal representative, or any other Person. To the extent that any Person acquires a right to receive payments from the
Company or any of its Subsidiaries under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company or a Subsidiary, as applicable. All payments to be made hereunder shall be paid from the general funds
of the Company or a Subsidiary, as applicable, and no special or separate fund shall be established and no segregation of assets shall be made to assure payment of such amounts. The Plan is not subject to the U.S. Employee Retirement Income Security
Act of 1974, as amended from time to time. 
 15.12 No Constraint on Corporate Action. Nothing in the Plan shall be construed to:
(a) limit, impair, or otherwise affect the Company’s or any of its Subsidiaries right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or
dissolve, liquidate, sell, or transfer all or any part of its business or assets; or (b) limit the right or power of the Company or any of its Subsidiaries to take any action which such entity deems to be necessary or appropriate. 

  
 12 

 15.13 Successors. All obligations of the Company under the Plan with respect to Awards
granted hereunder shall be binding on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business or assets of
the Company. 
 15.14 Governing Law. This Plan and each Award Agreement and all claims or causes of action or other matters (whether
in contract, tort or otherwise) that may be based upon, arise out of or relate to this Plan or any Award Agreement or the negotiation, execution or performance of this Plan or any Award Agreement shall be governed by and construed in accordance with
the laws of the State of Delaware, excluding any conflict or choice of law rule or principle that might otherwise refer construction or interpretation of this Plan to the substantive law of another jurisdiction. 

15.15 Effective Date. The Plan shall be effective as of the date of adoption by the Board, which date is set forth below (the
“Effective Date”). 
 15.16 Stockholder Approval. The Plan will be submitted for approval by the stockholders of the
Company at an annual meeting or any special meeting of stockholders of the Company within twelve months of the Effective Date. Any Awards granted under the Plan prior to such approval of stockholders shall be effective as of the date of grant, but
no such Award may be exercised or settled and no restrictions relating to any Award may lapse prior to such stockholder approval, and if stockholders fail to approve the Plan as specified hereunder, the Plan and any Award shall be terminated and
cancelled without consideration. 
 * * * 

This Plan was duly adopted and approved by the Board of Directors of the Company by written resolution on the 28th day of November, 2011. 

  
 13EX-10.16

 Exhibit 10.16 

BHI HOLDING CORP. 
 2011
Equity Incentive Plan 
 NONQUALIFIED STOCK OPTION AWARD AGREEMENT 

THIS AGREEMENT (the “Award Agreement”), is made effective as of the 7th day of February, 2014 (the
“Date of Grant”), by and between BHI Holding Corp., a Delaware corporation (the “Company”), and Clifton Rutledge (the “Participant”). 

R E C I T A L S: 

WHEREAS, the Company has adopted the BHI Holding Corp. 2011 Equity Incentive Plan (the “Plan”), which Plan is
incorporated herein by reference and made a part of this Award Agreement. Capitalized terms not otherwise defined herein (including in Section 10 shall have the same meanings as in the Plan; and 

WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant the option
provided for herein to the Participant pursuant to the Plan and the terms set forth herein. 
 NOW THEREFORE, in consideration of the
mutual covenants hereinafter set forth, the parties agree as follows: 
 1. Grant of the Option. The Company hereby grants to the
Participant the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,267 Shares (the “Option”), subject to adjustment as set forth in the Plan. 1,700 Shares subject to
the Option shall vest based upon the passage of time (the “Time Award”) and 567 Shares subject to the Option shall vest based upon achievement of the performance goal specified herein (the “Performance Award”), in
each case, in accordance with Section 3. The Option is intended to be a Nonqualified Stock Option. 
 2. Option Price.
The Option Price of the Shares subject to the Option shall be $3,523.09 per Share. 
 3. Vesting and Forfeiture. 

(a) Time Award. Forty percent (40%) of the Time Award shall vest on the two (2) year anniversary of the Date of Grant and
sixty percent (60%) of the Time Award shall vest in twelve (12) equal quarterly installments beginning at the end of the first calendar quarter after the two (2) year anniversary of the Date of Grant (such that five percent
(5%) of the Time Award will vest on each date), subject, in each case, to the Participant’s continued Service through each applicable vesting date. 

(b) Performance Award. The Performance Award shall vest if and only if the Company consummates a Public Offering on or prior to
July 27, 2015, subject to the Participant’s continued Service on the relevant vesting date; provided, that for the avoidance of doubt, if a Public Offering is not consummated on or prior to July 27, 2015, the Performance Award shall
be forfeited immediately without consideration. 

 (c) Vested Option. At any time, the portion of the Option which has become vested as
described in this Section 3 is hereinafter referred to as the “Vested Portion”. The Vested Portion of the Option shall remain exercisable for the period set forth in Section 4 hereof. 

(d) Service Termination. Any unvested portion of the Option shall be forfeited immediately without consideration upon the termination
of the Participant’s Service for any reason. In the event the Participant’s Service is terminated for Cause, the Vested Portion of the Option shall also be forfeited immediately without consideration upon such termination. 

4. Period of Exercise. Subject to the provisions of the Plan and this Award Agreement, the Participant may exercise all or any part of
the Vested Portion of the Option at any time prior to the earliest to occur of: 
 (a) the tenth (10th) anniversary of the Date
of Grant; 
 (b) the date that is ninety (90) days following termination of the Participant’s Service for any reason other than
death, Permanent Disability or Cause; 
 (c) the date that is one-hundred eighty (180) days following termination of the
Participant’s Service due to death or Permanent Disability; and 
 (d) date of termination of the Participant’s Service for Cause.

 5. Method of Exercise. 

(a) Pursuant to Section 4 hereof, the Vested Portion of the Option may be exercised by delivering to the Company at its principal
office written notice of intent to so exercise in the form attached hereto as Exhibit A (such notice, a “Notice of Exercise”); provided, that the Option may be exercised with respect to whole Shares only. To the extent
applicable, such Notice of Exercise shall be accompanied by payment in full of the aggregate Option Price for the Shares to be exercised and a joinder to the Stockholders’ Agreement in a form provided by the Company pursuant to which the
Participant agrees to be bound to the terms and conditions of the Stockholders’ Agreement. In the event the Option is being exercised by the Participant’s representative, the Notice of Exercise shall be accompanied by proof (satisfactory
to the Committee) of the representative’s right to exercise the Option. The aggregate Option Price may be paid in cash, its equivalent (e.g., by cashiers check), or by reducing the number of Shares otherwise deliverable upon such exercise by
the number of Shares having a Fair Market Value equal to the aggregate Option Price, or any other form of payment permitted by the Committee in accordance with Section 6.5 of the Plan. Neither the Participant nor the Participant’s
representative shall have any rights to dividends, voting rights or other rights of a stockholder with respect to Shares subject to an Option until the Participant has given a Notice of Exercise of the Option, paid in full for such Shares, been
issued certificates in the Participant’s name representing such Shares and, if applicable, satisfied any other conditions imposed by the Committee pursuant to the Plan. 

(b) Notwithstanding any other provision of the Plan or this Award Agreement to the contrary, the Option may not be exercised prior to:
(A) the Participant making or entering into any such written representations, warranties and agreements as the Committee may request in order to comply with applicable securities laws, with this Award Agreement or otherwise; and (B) the
completion of any registration or qualification of the Option or the Shares under applicable securities or other laws, or under any ruling or regulation of any governmental body or national securities exchange that the Committee shall in its sole
discretion determine to be necessary or advisable. 

  
 2 

 (c) Upon the Company’s determination that the Option has been validly exercised as to any of
the Shares, the Company shall issue certificates in the Participant’s name for such Shares. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates to him, any loss of the
certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. 
 (d) In the event of the
Participant’s death, the Vested Portion of the Option shall remain exercisable during the period set forth in Section 4 hereof by the Participant’s executor or administrator, or the person or persons to whom the
Participant’s rights under this Award Agreement shall pass by will or by the laws of descent and distribution as the case may be. Any heir or legatee of the Participant shall take rights herein granted subject to the terms and conditions of
this Award Agreement and the Plan. 
 (e) Participant agrees to and shall comply with the provisions of the Stockholders’ Agreement,
including those provisions related to restrictions on transfer and drag along rights. The Participant understands that the Stockholders’ Agreement contains significant restrictions on the transfer of Shares purchased upon exercise of the
Option. 
 6. No Right to Continued Service. The granting of the Option evidenced hereby and this Award Agreement shall impose no
obligation on the Company or any Subsidiary or Affiliate to continue the Service of the Participant and shall not lessen or affect any right that the Company or any Subsidiary or Affiliate may have to terminate the Service of the Participant. 

7. Repurchase Right. In the event of the termination of the Participant’s Service for any reason other than for Cause, the Company
shall have the right (but not the obligation) to, within thirty (30) days after the date of such termination of Service, purchase (i) all or any portion of the outstanding and unexercised Vested Portion of the Option, for a purchase price
equal to the then Fair Market Value of the Shares underlying all or such portion of the Vested Portion of the Option to be repurchased, less the aggregate Option Price of such Shares, and/or (ii) any or all of the Shares held by such
Participant as a result of the exercise of all or any portion of the Option, for a purchase price equal to the then Fair Market Value of such Shares. 

8. Shares Not Registered. 

(a) Shares shall not be issued pursuant to this Award Agreement unless the issuance and delivery of such Shares comply with (or are exempt
from) all applicable requirements of law, including, without limitation, the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), state securities laws and regulations, and
the regulations of any stock exchange or other securities market on which the Company’s securities may then be traded. The Company shall not be obligated to file any registration statement under any applicable securities laws to permit the
purchase or issuance of any Shares or any Awards under this Award Agreement, and accordingly any certificates for Shares or documents granting Awards may have an appropriate legend or statement of applicable restrictions endorsed thereon. If the
Company deems it necessary to ensure that the issuance of Shares under this Award Agreement is not required to be registered under any applicable securities laws, the Participant shall deliver to the Company an agreement or certificate containing
such representations, warranties and covenants as the Company reasonably requires. 

  
 3 

 (b) The Shares are subject to such additional rights and restrictions as are set forth in this
Agreement, the Plan, the Stockholders’ Agreement (including those provisions related to restrictions on Transfer, tag along rights, drag along rights, public offering holdbacks and piggyback registration rights) and such other restrictions that
in the judgment of the Company are legally required to achieve compliance with the Securities Act (and the rules and regulations promulgated thereunder) or the securities laws of any state or any other law. Participant agrees to and shall comply
with all such restrictions. 
 9. Transferability. Unless otherwise determined by the Committee, the Participant shall not be
permitted to transfer or assign the Option except in the event of death and in accordance with Section 15.5 of the Plan. 
 10.
Adjustment of Option. Adjustments to the Option (or any of the Shares underlying the Option) shall be made in accordance with the terms of the Plan. 

11. Definitions. For purposes of this Award Agreement: 

“Common Stock” means the Company’s authorized shares of common stock, par value $0.01 per share, and any stock into which
such common stock may, following the Date of Grant, be converted, changed or reclassified or exchanged. 
 “Permanent
Disability” means a permanent disability within the meaning of Section 22(e)(3) of the Code, provided, that, if the Participant has an employment agreement with the Company or any Subsidiary or Affiliate that includes a
definition of “Permanent Disability” or an equivalent term, “Permanent Disability” shall be determined in accordance with the definition in the employment agreement, if any. 

“Public Offering” means an underwritten public offering of Common Stock pursuant to an effective registration statement under
the Securities Act, other than pursuant to a registration statement on Form S-4 or Form S-8 or any similar or successor form. 
 12.
Withholding. The Company shall have the power and the right to deduct or withhold automatically from any payment or Shares deliverable under this Award Agreement, or require the Participant to remit to the Company, the minimum statutory
amount to satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of this Award Agreement. With respect to required withholding, the Participant
may elect (subject to the Company’s automatic withholding right set out above), subject to the approval of the Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold Shares having a Fair Market
Value on the date the tax is to be determined equal to the minimum statutory total tax that could be imposed on the transaction. 
 13.
Notices. Any notification required by the terms of this Award Agreement shall be given in writing and shall be deemed effective upon personal delivery, overnight delivery by a nationally recognized carrier or within three (3) days of
deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the Company, Attention: Chief Financial Officer, at its principal executive office and to the Participant
at the address that he or she most recently provided to the Company. 

  
 4 

 14. Entire Agreement. This Award Agreement, including Exhibit A attached hereto and
the Plan constitute the entire agreement and understanding among the parties hereto with regard to the subject matter hereof and supersede all prior and contemporaneous arrangements, agreements, representations and understandings, whether oral or
written and whether express or implied, and whether in term sheets, presentations or otherwise, among the parties hereto, or between any of them, with respect to the subject matter hereof. 

15. Amendment; Waiver. No amendment or modification of any provision of this Award Agreement shall be effective unless signed in
writing by or on behalf of the Company and the Participant, except that the Company may amend or modify the Award Agreement without the Participant’s consent in accordance with the provisions of the Plan or as otherwise set forth in this Award
Agreement. No waiver of any breach or condition of this Award Agreement shall be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature. 

16. Successors and Assigns; No Third Party Beneficiaries. The provisions of this Award Agreement shall inure to the benefit of, and be
binding upon, the Company and its successors and assigns and upon the Participant, and the Participant’s heirs, successors, legal representatives and permitted assigns. Nothing in this Award Agreement, express or implied, is intended to confer
on any person other than the Company and the Participant, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Award Agreement. 

17. Choice of Law. This Award Agreement, and all claims or causes of action or other matters that may be based upon, arise out of or
relate to this Award Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, excluding any conflict or choice of law rule or principle that might otherwise refer construction or interpretation thereof to
the substantive laws of another jurisdiction. 
 18. Option Subject to Plan. By entering into this Award Agreement the Participant
agrees and acknowledges that the Participant has received and read a copy of the Plan. The Option is subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the
event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. 

19. Severability. The provisions of this Award Agreement are severable and if any one or more provisions are determined to be illegal
or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 
 20.
Participant Undertaking. The Participant agrees to take whatever additional action and execute whatever additional documents the Company may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions
imposed on either the Participant or the Option (or any Shares underlying the Option) pursuant to the provisions of this Award Agreement or to comply with applicable laws. 

  
 5 

 21. Signature in Counterparts. This Award Agreement may be signed in counterparts, each of
which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 

*        *        * 

  
 6 

 IN WITNESS WHEREOF, the parties hereto have executed this Award Agreement. 

 

			
	BHI Holding Corp.
	 
		
	By:	 	/s/ Eric M. Newman
		 	V.P.

  

			
	Agreed and acknowledged as
	
	of the date first above written:
		
		 	/s/ Clifton Rutledge
		 	CLIFTON RUTLEDGE

  
 7 

 EXHIBIT A 

NOTICE OF EXERCISE 
  

			
	BHI Holding Corp.	  	
	Attention:	  	
	Attention:	  	Date of Exercise:                     

 Ladies & Gentlemen: 

1. Exercise of Option. This constitutes notice to BHI Holding Corp. (the “Company”) that pursuant to my Nonqualified
Stock Option Award Agreement, dated February 7, 2014 (the “Award Agreement”), I elect to purchase the number of Shares set forth below and for the price set forth below. Capitalized terms used and not otherwise defined herein
shall have the meaning ascribed to such term in the Award Agreement. By signing and delivering this notice to the Company, I hereby acknowledge that I am the holder of the Option exercised by this notice and have full power and authority to exercise
the same. 
  

					
	 Number of Shares as to which the Option is exercised (“Optioned Shares”):
	 			
		 	  
	  
	 
	 Certificates to be issued in name of:
	 			
		 	  
	  
	 
	 Total exercise price:
	 	$	                	  
		 	  
	  
	 
	 Cash Exercise
	 			
	 Cash payment delivered herewith:
	 	$	 	  
		 	  
	  
	 

 2. Form of Payment. Forms of payment other than cash or its equivalent (e.g. by cashier’s check)
are permissible only to the extent approved by the Committee, in its sole discretion. 
 3. Delivery of Payment. With this notice, I
hereby deliver to the Company the full purchase price of the Optioned Shares and any and all withholding taxes due in connection with the exercise of my Option, subject to satisfaction of any and all withholding taxes in any other manner consistent
with the Award Agreement and the Plan. 
 4. Rights as Stockholder. While the Company will endeavor to process this notice in a
timely manner, I acknowledge that until the issuance of the Optioned Shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other
rights as a stockholder shall exist with respect to such shares, notwithstanding the exercise of my Option. No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance of the Optioned Shares.

  
 8 

 5. Stockholders Agreement. As a condition to receiving the Optioned Shares I shall execute
a joinder agreement to the Stockholders Agreement in a form provided by the Company and shall be bound by the terms and conditions contained in the Stockholders’ Agreement. 

6. Interpretation. Any dispute regarding the interpretation of this notice shall be submitted promptly by me or by the Company to the
Committee. The resolution of such a dispute by the Committee shall be final and binding on all parties. 
 7. Entire Agreement. The
Plan and the Award Agreement under which the Optioned Shares were granted are incorporated herein by reference, and together with this notice constitute the entire agreement of the parties with respect to the subject matter hereof. 

 

			
	Very truly yours,
	
	 
	
	 
	 (social security number)

  
 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00243-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00243-of-00352.parquet"}]]