Document:

20-F/A

Exhibit 4.15  

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SUPPLY AGREEMENT 

REFERENCE *** 

between 

*** 

and 

SUMMIT AVIATION SUPPLY 

for 

***’S AIRCRAFT
PROGRAMS 

RELATING TO 

“***” 

FOR THE ALL ***
PROGRAMS 

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SUPPLY AGREEMENT
REFERENCE *** 

This Supply Agreement, effective as
of ***, ***, ***, is made and entered into by and between ***, a corporation
existing under the laws of the ***, having its principal place of business at ***
(“***”), and Summit Aviation Supply, a company existing
under the laws of New Jersey, United States of America having its principal place of
business at 1008 Teaneck Road, Teaneck, N.J. U.S, is in regard to the supply of certain
aeronautical products for ***’s aircraft programs. 

RECITALS 

WHEREAS, *** is an aircraft
manufacturer, and is in the business of designing, manufacturing and selling aircraft
and aircraft parts;  

WHEREAS, *** issued a request
for proposal inviting bidders to submit proposals for the supply of certain electrical
hardware to support *** aircraft programs (“Programs”); 

WHEREAS, Supplier sent *** a
proposal indicating Supplier’s desire to participate in such Programs; 

WHEREAS, Supplier shall
provide certain electrical hardware, as more specifically described herein, to *** and to
third parties expressly indicated by *** (***); 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein set forth, and for good and
valuable consideration which is acknowledged by each Party hereto, the Parties hereto
agree as follows: 

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TABLE OF CONTENTS 

	
PART
1 – DEFINITIONS AND EXHIBITS 

	1.1  	Definitions

	1.2  	Exhibits

	
PART
2 – OBJECT OF AGREEMENT  

	2.1  	Subject
of Agreement

	2.2  	Relationship
with ***

	2.3  	Absorption
of Non-Recurring Costs

	
PART
3 – PRICES AND PAYMENT  

	3.1  	General
Terms

	3.2  	Adjustment

	3.3  	Delayed
Products

	3.4  	Price
Guarantee

	3.5  	Payment

	
PART
4 – PURCHASE ORDERS, DELIVERY AND ACCEPTANCE  

	4.1  	Purchase
Orders

	4.2  	Delivery

	4.3  	Acceptance
and Rejection

	4.4  	Return

	
PART
5 – TECHNICAL REQUIREMENTS  

	5.1  	Technical
Specifications

	5.2  	Interchangeability

	5.3  	Changes

	5.4  	Obsolescence

	
PART
6 – QUALITY ASSURANCE  

	6.1  	Quality
Requirements

	6.2  	Source
Inspection

	
PART
7 – FURTHER OPERATIONAL PROCEDURES  

	7.1  	Overall
Performance Indicators

	7.2  	Subcontracting

	7.3  	Program
Surveillance

	7.4  	Procurement
Offset Credits

	7.5  	Supplier's
Warranties

	7.6  	Safety
Inventory

	
PART
8 – SUSPENSION, TERMINATION, EVENTS OF DEFAULT, AND REMEDIES  

	8.1  	Suspension

	8.2  	Termination

	8.3  	Events
of Default

	8.4  	Remedies

	8.5  	Right
to Set Off

	8.6  	Additional
Damages

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PART
9 – MISCELLANEOUS  

	9.1  	Excusable
Delay

	9.2  	Supplier
Representations

	9.3  	Proprietary
Information

	9.4  	***'s
Right in Supplier's Patents, Copyrights and Trade Secrets

	9.5  	Intellectual
Property

	9.6  	Insurance

	9.7  	Indemnification

	9.8  	Publicity

	9.9  	Customer
Contact

	9.10  	Taxes
and Duties

	9.11  	Survival

	9.12  	Amendment

	9.13  	Assignment

	9.14  	Compliance
With Laws

	9.15  	Headings

	9.16  	Severability

	9.17  	Export
Control

	9.18  	Nonwaiver

	9.19  	Applicable
Law

	9.20  	Dispute
Resolution

	9.21  	Remedies
not Exclusive

	9.22  	Independent
Contractors

	9.23  	Changes
to Supplier Ownership or Affiliation

	9.24  	Notices,
Requests and Language

	9.25  	Term
of Agreement

	9.26  	Entire
Agreement

Exhibits  

	Exhibit  A	
                 List of Products & Price Breakdown and Lead-Time

	Exhibit B 	
                 ***'s Shipping Policy

	Exhibit C 	
                ***'s Quality Requirements for Suppliers

	Exhibit D 	
                 Product Export Control Chassification Sheet

	Exhibit E 	
                 SMI - Supplier's Management Inventory

	Exhibit F 	
                 ***

	Exhibit G 	
                 Purchasing Conditions Available for ***

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PART 1 –
DEFINITIONS AND EXHIBITS  

	1.1  	Definitions  

For purposes of this Agreement, the
following terms shall be defined as set forth below. As required by the context, defined
terms expressed in the singular form shall be deemed to refer to the plural form and vice
versa. The words “Clause”, “Paragraph”, “Article”,
“Section”, “Exhibit” and like references are references to this
Agreement, unless otherwise specified. Any references herein to this Agreement or to any
other agreement, exhibit, instrument or document will include any and all amendments,
modifications, supplements or substitutions that may be made from time to time to this
Agreement or to any such agreement, exhibit, instrument or document, all as permitted by
this Agreement, unless otherwise specified. 

	1.1.1  	“Agreement”,
“hereof”, “hereto”, “herein” and similar terms shall mean
and/or refer to this Supply Agreement and its respective Exhibits and other documents
attached to this Supply Agreement, as well as all amendments, modifications and
supplements hereto; 

	1.1.2  	“Aircraft” shall
mean the aircraft which are or will be designed and manufactured by ***. 

	1.1.3  	“Airworthiness
Authorities” shall mean the ***, EASA (European Aviation Safety Agency), FAA (United
States Federal Aviation Administration) or such other airworthiness authority by which
the Products may be certified, pursuant to the Technical Specification; 

	1.1.4  	“AOG” shall
mean “Aircraft on Ground”, and that such Aircraft is unable to continue or be
returned to service until appropriate action is taken; 

	1.1.5  	“Agreement”,
“hereof”, “hereto”, “herein” and similar terms shall mean
and/or refer to this Supply Agreement and its respective Exhibits and other documents
attached to this Supply Agreement, as well as all amendments, modifications and
supplements hereto; 

	1.1.6  	“Aircraft” shall
mean any and all aircraft designed and manufactured, or to be designed and manufactured,
by *** ; 

	1.1.7  	“Change(s)”
 shall  mean any  modification  on the  Aircraft  or in any  Product  to comply  with
           requirements as set forth in this Agreement;

	1.1.8  	“Correction” shall
mean either (i) the repair, correction or modification required to make any Products
comply with the requirements of this Agreement or (ii) the replacement of any goods or
services to be provided by Supplier in connection with this Agreement, Products which do
not comply with the requirements of this Agreement by Products which do so comply; 

	1.1.9  	“Critical
Order” shall mean a Purchase Order placed on an urgent basis to prevent the
occurrence of an AOG; 

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	1.1.10  	“Customer” shall
mean any owner, lessee or operator of an Aircraft, or an appointee of such owner, lessee
or operator; 

	1.1.11  	***
; 

	1.1.12  	“***’s
Logistics  Provider” shall mean the logistics  service provider  contracted by *** for
the            transport of all Products;

	1.1.13  	“Exhibit”
shall mean those documents, individually or jointly, as listed in Section 1.2 hereof;

	1.1.14  	“Obsolescence” shall
mean the discontinuation of the requirement for any Product and/or Items as a result of
an engineering or manufacturing change which has rendered such Product no longer usable
in the production of the Aircraft; 

	1.1.15  	“Parties”
shall mean *** and Supplier, taken collectively;

	1.1.16  	“Party”
shall mean each of *** and Supplier, individually;

	1.1.17  	“Price” shall
mean the total amount paid by *** to Supplier in accordance with Section 3.1of this
Agreement; 

	1.1.18  	“Product” shall
mean all goods, including pieces, parts and components (if applicable) thereof for the
Aircraft to be provided by Supplier under this Agreement, as further described in Exhibit
A attached hereto as may be amended from time to time and shall include those goods
provided by the Supplier under this Agreement which are intended for ***’s use,
Customer’s use, or for sale as spare parts or production replacements; 

	1.1.19  	“Program” shall
mean all activities related to the design, development, certification, manufacturing,
sales and after-sales support of an Aircraft including, but not limited to Customer
Support; 

	1.1.20  	“Proprietary
Information” shall mean all information or data, whether or not marked or otherwise
specified as proprietary or confidential, related to the Program which concerns a Party’s
technology, trade secrets, know-how, existing or future products or financial or
corporate information. This information may include, but is not limited to, information
relating to: inventions, computer software programming and technology, research,
development of new products, engineering, manufacturing processes, purchasing data,
make-or-buy plans, business plans, accounting, marketing, sales or pricing data. Such
information or data may be contained in materials such as drawings, designs, engineering
releases, tools, master tools, models, samples, databases, datasets, specifications,
algorithms, manuals, reports, compilations, research, patent applications, computer
programs, machine-readable data (such as electronic files) and marketing and financial
information and plans, and any information derived or compiled in whole or in part
therefrom. Such information and data includes but is not limited to information received
by a Party which the Party is obligated, contractually or otherwise, to hold in
confidence; 

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	1.1.21  	“Purchase
Order” shall mean any purchase order issued by *** to Supplier, for supply of
Products in accordance with this Agreement; 

	1.1.22  	“Repair” shall
mean the process of repairing any defective or non-conforming Product, which defect or
non-conformity is solely attributable to ***; 

	1.1.23  	“Shipset” shall
mean the necessary quantity of a group of Products to be utilized on the
production/assembly of one Aircraft. 

	1.1.24  	“Stop
Work Notice” shall mean the notice *** is entitled to give to Supplier pursuant to
Section 8.1 herein; 

	1.1.25  	“Subcontractor” shall
mean any manufacturer and/or supplier, excluding Supplier, which manufactures and/or
supplies any portion or part of the Products, pursuant to the instructions and/or
contract of Supplier; 

	1.1.26  	“Supplier”
shall mean SUMMIT AVIATION SUPPLY

	1.1.27  	“Technical
Change(s)” shall mean any modification in any Product to comply with requirements of
any Airworthiness Authorities, Customer and/or any modification inserted in the Product; 

	1.1.28  	“Technical
Specification” shall mean the Product technical requirements necessary for Supplier
to design and/or manufacture the Product. 

	1.2  	Exhibits  

	Exhibit A 	
List of Products & Price Breakdown and Lead-Time 

	Exhibit B 	
***’s Shipping Policy 

	Exhibit C 	
***’s Quality Requirements for Suppliers 

	Exhibit D 	
Product Export Control Chassification Sheet 

	Exhibit E 	
SMI – Supplier’s Management Inventory 

	Exhibit F 	
                 ***

	Exhibit G 	
                 Purchasing Conditions Available for ***

In the event any conflict exists
between the terms and conditions set forth in the Exhibits hereto and those terms and
conditions set forth in this Agreement, the terms and conditions of this Agreement shall
prevail. A conflict shall not be deemed to exist when this Agreement and an Exhibit hereto
address different or specific situations or activities. 

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PART 2 – OBJECT OF
AGREEMENT  

	2.1  	Subject
of Agreement  

According to the terms and conditions
of this Agreement, Supplier agrees to manufacture, test, supply, ship and provide logistic
support to the Products for use or installation into an Aircraft or an Aircraft part. 

*** does not guarantee to Supplier:
(i) any minimum amounts of Products to be purchased by ***; (ii) any minimum amount of
Products to be purchased by *** in any Purchase Order; (iii) any minimum amount of money
to be paid by *** pursuant to this Agreement; (iv)
any constant or fixed number of Purchase Orders to be placed by *** with Supplier in any
given period of time; and/or (v) the use of Products in any of its Customer programs. No
financial obligation of *** to pay any amount of money to Supplier will arise before the
delivery of conforming Products following the issuance of a valid Purchase Order,
according to the terms and conditions of this Agreement, and the placement of Purchase
Orders by *** will be within ***’s sole discretion. The parties agree that ***, at
any time during the life of this Agreement and in its sole discretion, may purchase
similar or comparable products and/or services from other suppliers. 

Supplier agrees to supply Products to
any ***’s subsidiary, branch or affiliate company, with no restrictions, under the
same terms and conditions set forth hereunder through solely the placement of the Purchase
Order as provided in Section 4.1 herein below. 

	2.2  	Relationship
with ***  

Supplier agrees to supply the
Products to *** in Exhibit F, under the terms and conditions of this Agreement, except
payment terms, to be *** to *** as specifically set forth in Exhibit G, which shall be
disclosed to *** by the Parties. All agreements or purchase orders between Supplier and
*** shall be considered as a separate business relationship, held exclusively by and
between Supplier and ***. 

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	2.2.1  	Following
execution of this Agreement, *** shall request *** to sign *** for *** to Supplier,
pursuant to *** agree to purchase Products for use in *** Programs pursuant to the terms
set forth in Exhibit G. 

	2.2.2  	Under
no circumstances shall *** be construed as a guarantor or co-responsible for any ***
obligations. Supplier expressly agrees that if *** in any way defaults under the
respective purchase orders and/or separate agreements with Supplier, such default shall
not be construed as an a default of *** and shall not excuse Supplier from complying with
its obligations under this Agreement. 

	2.2.3  	Products
shall only be provided to *** under specific purchase orders, to be placed by *** which
shall indicate that the Products are only for use with ***’s Programs. 

	2.2.4  	If
Supplier reasonably believes that *** is purchasing Products for use outside of an ***
Program, Supplier shall immediately notify *** to undertake investigations to resolve the
situation as required. 

	2.2.4  	***
shall be responsible to coordinate and manage the agreed annual quantities distribution
among *** and *** in accordance with Section 2.2. 

	2.2.5  	Supplier
shall immediately notify *** (i) of any disputes between Supplier and ***, (ii) of any
claim that Supplier may have against *** that could impact the supply of Products from
Supplier to ***, (iii) within reasonable time before taking any action to terminate its
agreement with ***, and (iv) to the extent *** fails to perform as required by this
Agreement, *** shall cooperate with Supplier in Supplier’s efforts to resolve the
situation. 

	2.3  	Absorption
of Non-Recurring Costs  

Supplier shall absorb and be solely
liable and responsible for any and all of its non-recurring costs and expenses incurred in
the performance of this Agreement. 

PART 3 – PRICES AND
PAYMENT  

	3.1  	General
Terms  

All prices and payments referred to
in this Agreement are set forth in United States Dollars (USD). No adjustments to any
prices set forth herein shall be made due to changes or fluctuation in currency exchange
rates. 

The Price of the Products is set
forth in the Exhibit A to this Agreement. 

All Prices set forth in this
Agreement include all taxes, imposts, fees, duties and levies, tariffs and export duties
and charges of any kind, incurred or imposed by the nations, state or political
subdivisions thereof in which Supplier’s Products are manufactured and/or in
accordance with this Agreement and with the Purchase Orders. 

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*** 

The payment of the Prices mentioned
in this Agreement constitutes the sole and total amounts to be paid by *** to Supplier for
the Products and all and for any other deliverable rendered by Supplier under this
Agreement. 

	3.2  	Adjustment  

*** 

	3.3  	Delayed
Products  

In the event the delivery of Product
is delayed, Supplier shall not escalate the Price of such delayed Product, pursuant to
this Agreement, past the originally scheduled delivery date of such delayed Product. 

	3.4  	Price
Guarantee  

*** 

	3.5  	Payment  

Supplier shall issue and forward to
*** invoices for each Product delivered to *** in accordance with the Purchase Orders
issued by *** and with that set forth in this Agreement. 

Subject to Section 6.3, the payment
regarding all Product(s) delivered in accordance with ***’s Shipping Policy (Exhibit
B) shall be made by *** within *** (***) calendar days after the delivery of the
conforming Product(s) to ***’s Logistics Provider, together with the pertinent
invoices issued by Supplier, provided that such delivered Product otherwise conforms to
the terms of this Agreement including, but not limited to, Section 6 (“Quality
Requirements”) and Exhibit C. 

PART 4 – PURCHASE
ORDERS, DELIVERY AND ACCEPTANCE  

	4.1  	Purchase
Orders  

	 	           4.1.1 	General

*** will place Purchase Orders with
Supplier, confirming the purchase and setting forth the quantity, delivery dates and other
specific conditions for each purchase, taking into account the standard lead-time for
Products set forth below, as the case may be. Every Purchase Order shall be governed by
and be deemed to include the provisions set forth in this Agreement and may, at ***
discretion, contain the reference number of this Agreement. 

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Purchase Orders issued by *** within
the Purchase Orders Standard Lead Time, pursuant to Section 4.1.2, or with a greater
number of days than those specified in such Standard Lead Time shall be fully binding on
Supplier. Supplier shall, notwithstanding expressly acknowledge and accept each Purchase
Order, within *** (***) working days after receipt of same from ***, provided that such
Purchase Order complies with all ***’s requirements of issuance set forth in this
Agreement. 

For Purchase Orders (i) issued with a
smaller number of days than those specified in the Purchase Order Standard Lead Time or
(ii) that contain special terms establishing different conditions than those of this
Agreement applicable exclusively to such Purchase Order, Supplier shall notify *** in
writing, within *** (***) working days of the issuance of each Purchase Order, of its
acceptance of said Purchase Order. If an acknowledgement notice is not received within
said *** (***) working day period, the Purchase Order will be considered accepted and
effective. Supplier will not unreasonably withhold acceptance of a Purchase Order, or
unreasonably reject a Purchase Order placed by ***. If Supplier rejects the Purchase
Order, Supplier will specify the reasons for such rejection, as well as any changes or
additions that would make such Purchase Order acceptable. 

*** 

In case of conflict between the
general terms and conditions of a Purchase Order and this Agreement, this Agreement shall
prevail.  

Supplier may not, without the
previous and express written consent of ***, change the terms of a Purchase Order,
whether by addition, modification or deletion, nor shall its invoices, notes or
correspondence modify or alter the term of any Purchase Order. 

Supplier shall notify *** of any
discrepancy between the Purchase Order’s terms (Prices, part numbers and other data,
for instance) and the terms of this Agreement, requesting further clarification, prior to
any shipment to ***, to prevent possibility of rejections, wrong shipments, or customs
seizures. 

Supplier shall accept Purchase Orders
for fractional quantities of Products. The Parties agree that in this case Supplier will
be entitled to round up such quantities up to a maximum of *** of the ordered quantity and
invoice such additional quantities accordingly. 

Unless otherwise expressly agreed in
writing between *** and Supplier, the terms and conditions of this Agreement shall apply
to all Purchase Orders for any Product or Customer Support to be provided under this
Agreement. 

	 	4.1.2 	Purchase
Orders Standard Lead Time 

The minimum standard lead time for
the Product is established in Exhibit A attached.herein (***) *** after ***. 

	 	4.1.3 	Rescheduling 

*** 

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	 	           4.1.4 	Cancellation

*** 

	4.2  	Delivery  

	 	4.2.1 	General 

Supplier shall deliver the Products
on the dates set forth in the Purchase Orders, ***, in the *** condition, according
to ICC’s INCOTERMS 2000, ***. Supplier will comply with the provisions of ***’s
Shipping Policy set forth in Exhibit B. 

Supplier shall deliver any Product
required to be delivered pursuant to this Agreement and necessary for updates, retrofits,
AOG, Critical Order, and support of the flight test campaign in the same condition set
forth in the preceding paragraph. 

	 	4.2.2 	Procedures 

(i)
Title and Risk of Loss

Subject to Section 4.3 herein, title
to and risk of any loss of, or damage to, all Products shall pass from Supplier to ***.
Notwithstanding the delivery conditions established herein, Supplier shall at all times
be responsible for any and all loss or damage resulting from Supplier’s fault or
negligence or failure to comply with the terms of this Agreement with respect to the
handling, packaging, transportation and delivery of the Products.  

	 	4.2.3 	Packaging and Shipping 

Except
as expressly provided otherwise herein, all Products, Spare Parts and/or Technical
Publications shall be prepared (cleaned, preserved, etc.) and packed for shipment in a
manner acceptable to *** and/or ***’s Logistics Provider, so as to (i) comply with
carrier regulation and (ii) prevent damage or deterioration during handling, shipment and
storage at destination. 

Supplier shall pack and ship the
Products in accordance with the terms of this Section 4.2.3 and the instructions,
procedures and requirements set forth in the Shipping Policy, and shall be solely
responsible for the issuance of all necessary documents related to packing and shipping. 

*** 

***’s shipping policy may be
revised by *** at any time and without any prior notice to Supplier, and such revised
version will be posted at: *** and shall be deemed incorporated into Exhibit D of this
Agreement. 

It is Supplier’s sole
responsibility to access the Shipping Policy at the aforementioned URL address
periodically to verify the revision status of Exhibit D and implement any such revision.
Furthermore, Supplier agrees to comply with any and all changes to the Shipping Policy
required or imposed by any applicable law or regulation. Any revision implemented as
described herein shall be deemed automatically incorporated to Exhibit G as an amendment
to this Agreement. 

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Failure to access these requirements
through the internet does not relieve Supplier from its obligation to comply with and
deliver Products that meet all contractual requirements. 

*** 

Supplier shall be responsible for the
payment or reimbursement to ***, as the case may be, of any and all costs, expenses and
administrative sanctions arising out of or in any way connected with Supplier’s
non-compliance with any of the provisions contained in this Section 4.2 and/or in the
Shipping Policy, including taxes, fees, duties, imposts, levies, excises, surcharges or
import/export charges claimed against *** by the *** customs or other competent
authorities due to the such Supplier’s non-compliance. 

	4.3  	Acceptance
and Rejection  

***’s acceptance of all
Products, Spare Parts and/or Technical Publications shall be subject to Supplier’s
compliance with the terms and conditions set forth in this Agreement, specially those
contained in the Purchase Orders, in the Shipping Policy and in the Quality Requirements.
No test, inspection, certificate or report of any kind, carried out by Supplier, including
those at which a representative of *** was present, shall constitute a final inspection or
acceptance of the Products and/or Spare Parts and/or Technical Publications under this
Agreement, unless otherwise either specifically agreed upon in writing by ***. 

*** 

	4.4  	Return  

*** 

PART 5 – TECHNICAL
REQUIREMENTS  

	5.1  	Technical
Specifications  

Products are based on Technical
Specifications, which may be standard of the market or issued by Supplier or by ***, as
set forth in Exhibit A.

 Supplier agrees to disclose its Technical Specification to *** or
to Customer if such information is necessary to resolve an AOG, a Critical Order or a
system technical study or improvement of the Product. The disclosure mentioned will be
made under the conditions of Section 9.3. 

*** 

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	5.2  	Interchangeability  

Supplier agrees to maintain its
Products competitive in the marketplace and to use the most appropriate techniques and
technologies available in the industry. 

Supplier shall ensure that any
improvement or upgrade of the Products is fully interchangeable (same fit, form and
function) with former versions of the Products, unless otherwise previously and
specifically agreed in writing by ***. 

Even if an improvement or upgrade of
the Product does not affect the form, fit, function and/or part number of the Product,
Supplier shall submit information on such improvement or up grade to ***’s approval,
within *** (***) *** before such modification, detailing the technical differences with
the current Products. Supplier shall make all efforts to provide information necessary to
*** analyses and approvals (including, but not limited to, qualification tests reports and
audits). 

	5.3  	Changes  

*** 

	 	           5.3.1 	Change
Responsibilities

*** 

	5.4  	Obsolescence  

Supplier shall manufacture and design
and/or cause its Subcontractors to manufacture and design all Products in a manner to
avoid Obsolescence. Supplier also undertakes to implement relevant steps so as to prevent
Obsolescence, ensuring that updated Products are fully interchangeable with its previous
versions, including monitoring of its supply chain. 

No adjustment to Prices shall be
applicable because of Supplier’s implementation of steps to avoid Obsolescence. 

Supplier may not defer implementation
of changes so as to avoid Obsolescence unless the priority of such change permits such
delayed implementation. 

PART 6 – Quality
Requirements  

	6.1  	Quality
Requirements  

Supplier shall comply with ***’s
quality requirements (“Quality Requirements”) made available through ***. For
informational purposes only, such Quality Requirements are attached hereto as Exhibit C
– ***’s Quality Requirements. 

*** 

*** 

*** 

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	6.2  	Source
Inspection  

At any time, *** may, at its sole
discretion, elect to inspect Products, Spare Parts, Technical Publications and/or
processes related to commercial, engineering, quality and material processing control
relating to Supplier’s performance under this Agreement at source, including all
Product packing and accompanying documentation at the delivery point, by providing
Supplier with a prior written notice at least *** (***) *** before the date of the
intended inspection. 

Supplier agrees that the
Airworthiness Authority representatives shall be entitled to inspect and evaluate Supplier
including, but not limited to, Supplier’s facilities, systems, data, equipment,
personnel, testing and all work-in-process and completed work. 

Supplier shall cause its
Subcontractors to authorize *** and/or Airworthiness Authority to conduct such inspections
on the same basis. 

Supplier shall be responsible for the
payment or reimbursement to ***, as the case may be, of any and all costs and expenses
incurred by *** in connection with source inspections and any other actions that may be
necessary, at ***’s discretion, as a result of Supplier’s recurring
non-compliance with the terms of this Section 6, including costs incurred by *** with air
ticket and lodging to carried out inspection arising out of Supplier’s
non-compliance. 

PART 7 – FURTHER
OPERATIONAL PROCEDURES  

	7.1  	Overall
Performance Indicators  

Supplier agrees that *** will use
performance indicators to measure Supplier’s overall performance during the term of
this Agreement. 

For each phase of a Program,
including, but not limited to, production phase Supplier agrees that *** will use
different performance indicators to measure Supplier’s overall performance. Supplier
agrees to supply to *** all data that the Parties mutually agree to be necessary for such
indicators. 

Supplier also agrees to use and to
provide the required data to allow the proper application of the ***’s electronic
communication media, which shall be used in connection with measuring Supplier’s
performance and to exchange relevant information related to the Program. Supplier shall
bear all of its costs in case any adjustment or acquisition of hardware and/or software
and/or infrastructure is required. 

	 	7.1.1 	On
Time Delivery Performance Rate 

Supplier agrees to maintain a minimum
on time delivery performance rate of *** (***)during the term of this Agreement. 

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	7.2  	Subcontracting  

*** may, at any time during the
performance of this Agreement, review Supplier’s make-or-buy plan and source
selection for Products and/or tooling considered critical by *** because of process
requirements or manufacturing complexity, and veto Subcontractors. 

Supplier agrees that it shall not
subcontract any other aircraft manufacturer or respective subsidiaries, branches or
affiliated companies for the performance of this Agreement. 

Supplier is responsible for its
supply chain process, including, but not limited to its suppliers manufacturing process. 

	7.3  	Program
Surveillance  

Subject to Section 6.2, Supplier
hereby grants, and shall cause Subcontractors to grant, to *** and Customers the right to
visit the Supplier or Subcontractors’ facilities during operating hours to review
progress and performance of production, schedule, cost, quality and protection of
***’s Proprietary Information. Supplier agrees and shall cause Subcontractors to
agree that any *** or Customer authorized representative shall be allowed access to all
areas used for the performance of this Agreement. Such access shall be subject to the
regulations of any governmental agency regarding admissibility and movement of personnel
on Supplier’s or Subcontractors’ premises. 

Each Party (the “Indemnifying
Party”) hereby agrees to indemnify and hold the other Party and the other
Party’s officers, employees and agents (collectively the “Indemnified
Party”), harmless from and against all actions, claims, demands, liability, losses,
costs and expenses (including the reasonable costs of defending and the actual costs of
settling any action, claim or demand) for personal injury, death or property loss which
may be brought or made against or suffered or incurred by the Indemnified Party, solely
caused by the Indemnifying Party’s representatives while upon the Indemnified
Party’s property and while carrying out their activities under the Program. 

	7.4  	Procurement
Offset Credits  

With respect to work covered by this
Agreement, Supplier agrees to use its best reasonable efforts to cooperate with *** in the
fulfillment of any offset obligation that *** may have accepted as a condition for the
sale of any Product or Aircraft. 

	7.5  	Supplier’s
Warranties  

Supplier warrants that each Product
and/or corrected Product shall, as applicable, (i) be free from defects in materials and
workmanship; (ii) conform to the requirements of this Agreement and any applicable
Purchase Order including, but not limited to, any applicable descriptions, compositions,
technical specifications and drawings; and, (iii) to the extent not manufactured pursuant
to detailed designs and specifications provided by ***, be free from any defects in
design, production, and fit for its intended purpose and merchantable. 

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	 	7.5.1 	Warranty
Period and Remedies

If within *** (***) *** after
delivery of any Product to *** (or within *** (***) *** of the discovery of a defect with
respect to a latent defect in such items), such item fails to comply in any respect with
the requirements set forth in this Agreement, *** shall provide evidence of such
deviation and at ***’s discretion, Supplier shall either (i) make all necessary
Corrections or (ii) authorize *** to make such Corrections (which Corrections may be
performed at ***’s facilities or at any other facilities selected by ***).  

(a) All
Corrections made by Supplier and all Corrections performed by *** pursuant           to
this Section shall be at Supplier’s expense, including, cost of product
          and applicable freight and customs charges.  

(b) The
turn around time for any Product under Correction shall be of *** (***) ***
          WHENEVER POSSIBLE, in accordance with the rules specified in the Shipping
Policy           regarding non-conforming materials.  

	 	           7.5.2 	Corrected
Products

As to any defect in material or
workmanship; or failure to conform to the requirements of this Agreement or any applicable
Purchase Order, Supplier’s warranty obligation for a corrected Product or replaced
Product shall be for the remainder of the warranty period specified herein, plus a
supplementary period of time equal to that elapsed between the notification of a defect
and the delivery to *** of the corrected Product or replaced Product. 

	7.6  	Safety
Inventory  

*** 

PART 8 – SUSPENSION,
TERMINATION, EVENTS OF DEFAULT, AND REMEDIES  

	8.1  	Suspension  

*** may at any time, by written
notice to Supplier (a “Stop Work Notice”), require Supplier to stop all or any
part of the work called for by this Agreement. Upon receipt of a Stop Work Notice,
Supplier shall promptly comply with its terms and take all reasonable steps to minimize
the costs arising from the work covered by the Stop Work Notice. Within the period
specified in the Stop Work Notice, *** shall either (i) cancel the Stop Work Notice or
(ii) terminate this Agreement in whole or part, or (iii) cancel the work covered by the
Stop Work Notice. In the event *** cancels the Stop Work Notice Supplier shall promptly
resume work in accordance with the terms of this Agreement. 

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	8.2  	Termination  

	 	           8.2.1 	General
Terms

*** 

In the case of a total termination,
Supplier shall immediately upon said termination stop all work in any way related to this
Agreement and return to *** any and all equipment, and documentation, technical or not,
including, but not limited to Proprietary Information, drawings and blueprints which are
the property of ***. 

Within *** (***) *** of the effective
date of the Termination Notice, each Party hereto shall issue to the other a termination
statement (“Termination Statement”). Any Termination Statement, whether from ***
or Supplier, shall contain sufficient details, verifiable by third party audit, to support
the amount being claimed. Supplier’s Subcontractors shall not submit termination
claims directly to ***. 

	 	8.2.2 	Payments 

The Termination Statement shall set
forth all amounts owed by *** to Supplier and all amounts owed by Supplier to *** as of
the date of said termination, as follows: 

– Credited to *** 

	(i) 	all
amounts paid in advance, down payments, partial and final balance payments; 

	(ii) 	the
value of all *** property, if any, entrusted to the Supplier and which the
          Supplier cannot return to ***; 

	(iii) 	other
outstanding amounts owed by Supplier; and 

– Credited to the
Supplier 

	(i)  	the
amount *** owes to Supplier for conforming Products received by *** and for
                    completed Products not yet delivered to *** which are the subject of
Purchase                     Orders, 

	(ii)  	the
amount for Products not completed (provided these unfinished Products cannot
                    be diverted to Supplier’s other customers) and raw materials for
which                     Supplier has no other use, which are the subject of Purchase
Orders. 

	(iii)  	***

The respective amounts are due within
*** (***) days, from the date of said Termination Statement. Each Party shall promptly
provide payment instructions to the other. Prior to any payment by *** in accordance with
this Section, Supplier shall deliver to *** all Products completed yet undelivered which
are the subject of Purchase Orders, Products not completed (provided these unfinished
Products cannot be diverted to Supplier’s other customers) and raw materials for
which Supplier has no other use. 

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	 	8.2.3 	Limitation
of Liability 

SUPPLIER AGREES THAT *** SHALL NOT BE
LIABLE FOR ANY LOSS, INCLUDING, BUT NOT LIMITED TO, LOSS OF PROFITS OR DAMAGES OF ANY
TYPE, RESULTING FROM ANY TERMINATION OF THIS AGREEMENT, EXCEPT AS EXPRESSLY SET FORTH
ABOVE IN THIS SECTION 8.2. SUPPLIER AGREES TO INDEMNIFY AND HOLD HARMLESS *** FROM AND
AGAINST (I) ANY AND ALL CLAIMS, SUITS AND PROCEEDINGS BROUGHT AGAINST *** AND/OR SUPPLIER
BY ANY SUBCONTRACTORS OR OTHER PERSON WHICH FURNISHES ANY GOODS TO SUPPLIER IN ANY WAY
CONNECTED WITH THE TERMINATION OF THIS AGREEMENT, (II) ANY AND ALL COSTS, EXPENSES, LOSSES
AND DAMAGES INCURRED OR SUFFERED BY *** IN CONNECTION WITH ANY CLAIMS, SUITS AND
PROCEEDINGS BROUGHT AGAINST *** AND/OR SUPPLIER BY ANY SUBCONTRACTORS OR OTHER PERSON
WHICH FURNISHES ANY GOODS TO SUPPLIER. 

SUPPLIER’S REMEDIES FOR
TERMINATION UNDER THIS CLAUSE SHALL BE CONSIDERED EXCLUSIVE. 

	8.3  	Events
of Default  

Supplier agrees that the occurrence
of any one or more of the following events shall constitute an event of default (each an
“Event of Default”): 

	(i)  	Supplier
fails to perform or comply with any term, condition, representation,
                    warranty or obligation set forth in this Agreement including any
Exhibit hereto;                     or 

	(ii)  	***
forms a reasonable belief that Supplier may not be able to comply
                    effectively with any term, condition, representation, warranty or
obligation set                     forth in this Agreement including any Exhibit hereto. 

	8.4  	Remedies  

If any Event of Default occurs, in
addition to any other remedies available hereunder, *** shall have the right to terminate
this Agreement and recover from Supplier, determined in the sole discretion of ***, all
costs associated with acquiring a substitute for each Product affected by the Event of
Default in excess of the agreed upon price for each Product affected by the Event of
Default. In addition, upon ***’s written request, Supplier, at Supplier’s
expense, shall provide *** with (i) tooling (if any), (ii) local transportation devices
(if any), (iii) raw materials, parts, work in process, incomplete or completed assemblies,
(iv) all other Products or parts thereof in possession of or under the effective control
of Supplier or any of its Subcontractors, and/or (iv) a detailed list of all of such
items, including the location thereof all in accordance with the terms of ***’s
request. 

	8.5  	Right
to Set-Off  

Notwithstanding the foregoing and
without prejudice to other rights and remedies, *** will have the right, at its option, to
set off any amounts due by *** to Supplier against any amounts due by Supplier to ***,
including but not limited to damages recoverable by ***. 

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	8.6  	Additional
Damages  

In addition to any indemnity or
compensation provided in this Agreement or its Exhibits, *** is entitled, at its sole
discretion, to apply one or more of the damages provided herein in relation to each and
every Supplier’s non-compliance with under this Agreement or its Exhibits or approved
Purchase Orders, as set forth in this Article 8.6 

	 	           8.6.1 	Delay
in Delivery of Products

	(i)  	Supplier
is granted a grace period of *** (***) ***. Supplier agrees that timely
                    delivery of Products is the essence of this Agreement. 

	(ii)  	In
the event the delivery of a Product is delayed, on or after the date that
                    allows the then current price to be adjusted in accordance with
Section 3.2                     (Price Adjustment), such adjustment shall not apply. 

	(iii)  	Should
a delivery be delayed, and such delay not be cured in *** (***) *** from
                    the original delivery date, without any prejudice to ***’s right
to                     terminate this Agreement or any other remedies *** may have
hereunder or at law                     or in equity, Supplier agrees that *** shall be
entitled to a payment from                     Supplier of an amount equal to *** (***)
***, per *** of delay until the                     effective delivery of such delayed
Products to ***. The aforementioned                     compensation shall be calculated
from the expiration of the above mentioned ***                     (***) *** cure period,
*** (***) ***. 

	(iv)  	Without
prejudice to other rights, in case: (i) delivery is delayed by more than
                    *** (***) ***, or (ii) of Supplier’s non-compliance with any of
its                     obligations under this Agreement, *** will have the right to
receive                     reimbursement for all costs incurred by *** with regard to
the procurement of                     similar products and related services from sources
other than Supplier,                     including costs arising out of or in connection
with the procurement and                     maintenance of dual or multiple sources for
such products and related services                     including, but not limited to,
integration and certification of the similar                     product on the Aircraft,
as well as product price difference and airfreight when                     applicable.
Acceptance of the costs does not disengage Supplier to pay the
                    corresponding partially liquidated damages for the delay stated
hereto. 

	(v)  	Notwithstanding
the above or a Purchase Order cancellation, *** will also have                     the
right to cancel totally or partially the Purchase Orders for all delayed
                    Products, at ***’s sole discretion and with no liability
whatsoever to be                     claimed against ***. 

	 	8.6.2 	Supplier’s
Non-Compliance 

If an Event of Default occurs which
arises from or is related to Supplier’s non-compliance with any term of (i) Exhibit B
– ***’s Shipping Policy or (ii) Section 6 of this Agreement (including
***’s Quality Requirements, as applicable), even if verified after ***’s
acceptance of the Product, in addition to the other remedies provided to *** pursuant to
this Agreement, *** shall be entitled to liquidated damages as provided for below. 

Such liquidated damages are not a
penalty but are reasonable in light of the anticipated or actual harm caused by the
relevant Event of Default, the difficulties of proof of loss and the inconvenience or
non-feasibility of otherwise obtaining an adequate remedy. Such payments by Supplier are
to be made without prejudice to Supplier’s obligation hereunder or at law to cure
such non-compliance. 

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8.6.2.1
If the Product non-compliance is detected by *** at its stock or by Supplier after
delivery to ***, but before such Product enters ***’s assembly line, Supplier shall
pay to *** as liquidated damages the amount of *** (***) *** non-compliance. 

	 	
8.6.2.2
If the Product non-compliance is detected by *** at its assembly line or production
flight test phase, Supplier shall pay to *** *** the relevant amount of liquidated
damages as described in Section 8.6.2.1 above per Product non-compliance. 

	 	
8.6.2.3
If the Product non-compliance is detected by ***’s Customer, Supplier shall pay to
*** *** the amount of the relevant liquidated damages described in Section 8.6.2.1 per
Product non-compliance. 

	 	           8.6.3 	General
Contractual Non-Compliance

In the event of Supplier’s
material non-compliance with any term of (i) Section 6 of this Agreement (including
***’s Quality Requirements, as applicable), for which partially liquidated damages
are not otherwise applicable, Supplier shall pay to ***, as partially liquidated damages
and not as a penalty, an amount equivalent to *** (***) ***, ***, until the relevant
non-compliance is effectively cured up to *** of the Product value 

	 	           8.6.4 	General
Procedures

The payment of the partially
liquidated damages and compensations referred to in this Section 8.6 shall be made by
Supplier to *** within *** (***) *** after receipt of ***’s written notice for such
amounts. 

PART 9 –
Miscellaneous  

	9.1  	Excusable
Delay  

Each Party shall be excused for
failures and delays in performance caused by war, terrorist acts, riots or insurrections
in such Party’s country, any laws, proclamations, ordinances, or regulations of the
government of such Party’s country or of any political subdivision of such country,
floods, fires, explosions or other catastrophes beyond the reasonable control of and
without the fault of such Party. 

Notwithstanding the above, ***
expects Supplier to and Supplier hereby commits to continue production, recover lost time
and support all delivery schedules established under this Agreement or any Purchase Order. 

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	9.2  	Supplier
Representations  

Supplier represents that it is fully
competent and maintains adequate resources to perform all the work required for providing
the Products in accordance with the terms of this Agreement. *** and Customers are
entitled to rely upon Supplier as an expert. Supplier hereby further represents that all
requirements of the Airworthiness Authorities, in regard to the Products have been or
shall timely be complied with by Supplier. Such representations in this Section shall
survive *** (***) *** following the termination of this Agreement. 

	9.3  	Proprietary
Information  

The Parties hereto agree to keep
confidential and not to disclose to any third party any Proprietary Information received
from the other Party in connection with the Program. Each Party further agrees to use
Proprietary Information only for the proper purposes necessary for the performance of this
Agreement or any Purchase Order, excluding, however: 

	 	(a) 	information
which at the time of disclosure by the disclosing Party is available                to
the public, or which after such disclosure becomes available to the public by
               publication by the disclosing Party; 

	 	(b) 	information
which is demonstrated to have been in the possession of the                receiving
Party prior to the time of disclosure by the disclosing Party; 

	 	(c) 	information
received by the receiving Party from a third party, unless such
               information is obtained in violation of non-disclosure obligations with
such                third party; 

	 	(d) 	information
which the receiving Party developed independently, without any                reference
to the Proprietary Information disclosed to it by the disclosing                Party; or 

	 	(e) 	(information
whose disclosure is mandated by law or regulation, or by an order                from a
court of law or governmental agency. 

If disclosure is required pursuant to
Section 9.3(e) the Party required to disclose the other Party’s Proprietary
Information per such provision shall provide prior notice of such impending disclosure to
the other Party and the former Party shall use reasonable efforts at its own cost and
expense to limit such disclosure and to maintain the confidentiality of such Proprietary
Information to the extent permitted by law. 

Notwithstanding the above, Supplier
hereby grants *** the right to use and disclose Supplier’s Proprietary Information
for the purpose of testing, certifying or selling the Aircraft, assisting any Customer
with respect to any Product or any Aircraft in which a Product is installed, provided
however that any such disclosure by *** shall, whenever appropriate, include a restrictive
legend suitable to the particular circumstances. *** hereby authorizes Supplier to
disclose Proprietary Information to Subcontractors as required for the performance of this
Agreement or any Purchase Order, provided that each Subcontractor first assumes in writing
the same obligations imposed on Supplier under this Agreement relating to such Proprietary
Information. 

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All written documents and all other
tangible media excluding the Products themselves, containing or conveying Proprietary
Information and transferred in connection with this Agreement or any Purchase Order,
together with any copies thereof, are and shall at all times remain the property of the
disclosing Party and further, except to the extent that said documents or other media is
needed by *** 

Neither the existence of this
Agreement nor the disclosure of Proprietary Information or any other information hereunder
shall be construed as granting expressly and/or by implication, estoppels or otherwise,
any license under any invention or patent now or hereafter owned or controlled by the
disclosing Party, except as specifically set forth herein. 

The obligations of each Party with
respect to Proprietary Information disclosed hereunder prior to the performance in full,
termination or cancellation of this Agreement shall not, except as expressly set forth
herein, be affected by such performance in full, termination or cancellation. 

	9.4  	***’s
Right in Supplier’s Patents, Copyrights and Trade Secrets  

		a)       
Supplier
hereby grants *** an irrevocable, non-exclusive, free, paid-up license           to
practice and/or use, and license others to practice and/or use on ***’s
          behalf, all Supplier’s patents, copyrights, trade secrets (including,
          without limitation, designs, processes, drawings, technical data and tooling),
          and tooling related to the development, production, maintenance or repair of
the           Products.  

	  	b)       
***
hereafter retains all, but hereby covenants not to exercise, its rights to
          practice and/or use the license described above except in connection with the
          making, using and selling of Products or products of the same kind, and then
          only if one of the following events shall have occurred:  

	  	1)       
Any
Event of Default;  

	  	2)       
Training,
according to the terms of the Product Support Agreement; or  

	  	3)       
It
becomes necessary, in order for Supplier to comply with the terms of this
                    Agreement, for *** to provide support to Supplier (in the form of
design,                     manufacturing or on-site personnel assistance) substantially
in excess of that                     which *** normally provides to its Suppliers.  

*** production requirements for
Products and products of the same kind; or (ii) if at any time Supplier becomes unable to
produce sufficient quantities of Products to meet the delivery requirements of Purchase
Orders placed by ***. 

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	9.5  	Intellectual
Property  

The Parties agree that the
intellectual property on the engineering designs of the Piece Parts of Products, software
and service solutions customized or developed exclusively for the Program shall belong to
Supplier, provided that Supplier shall only use said intellectual property for the
purposes of the Program. Supplier hereby grants *** an irrevocable, non-exclusive, free,
paid-up license to practice and/or use, and license others to practice and/or use on
***’s behalf, all said Supplier’s intellectual property. 

The Parties also agree that the
intellectual property on the engineering designs of the Piece Parts of Products, software
and service solutions developed within the scope of the Program and ***, shall belong
solely to ***. 

The Parties agree that the
intellectual property on the engineering designs of the Piece Parts of Products, software
and service solutions developed exclusively for the Program shall belong to ***, ***. The
description of the Piece Parts subject to such ownership shall be agreed between the
Parties by the definition of the Products’ Technical Specification. 

	 	           9.5.1 	Intellectual
Property Infringement Indemnification

Supplier hereby indemnifies, and
shall defend and hold harmless *** and all of ***’s subsidiaries and all officers,
agents and employees of *** and any Customer from and against all claims, suits, actions,
awards, judgments, settlements (including, but not limited to, awards based on intentional
infringement of patents or copyrights known to Supplier), liabilities, damages, costs and
attorney’s fees related to the actual or alleged infringement of any intellectual
property rights as defined by ***, United States or other nation’s intellectual
property laws arising out of the manufacture, sale or use of Products, technical
publications or services by either Supplier, *** or any Customer. 

*** and/or any Customer shall duly
notify Supplier of any such claim, suit or action, and Supplier agrees to, at its own
expense, fully defend such claim, suit or action on behalf of *** and all of ***’s
subsidiaries and all officers, agents and employees of *** and/or any Customer, provided,
however, that Supplier shall keep *** well-informed with respect to any and all actions to
be taken by Supplier; *** shall have the right to interfere in such actions whenever ***
believes that such action may prejudice itself; and Supplier shall not settle, compromise
or discharge, or admit any liability with respect to, any such claim without the prior
written consent of ***. 

Notwithstanding the foregoing,
Supplier shall have no obligation under this Agreement with regard to any infringement
arising from: (i) Supplier’s compliance with formal specifications issued by ***
where infringement could not be avoided in complying with such specifications or (ii) use
or sale of Products in combination with other items when such infringement would not have
occurred from the use or sale of those Products solely for the purpose for which they were
designed and sold by Supplier. 

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	9.6  	Insurance  

Supplier hereby represents that:
Supplier has and agrees to maintain comprehensive Products liability and Grounding
coverage through a rated insurance company for the amount of *** per occurrence; and (ii)
Supplier will cause Supplier’s main supplier in terms of Product part numbers
described in the Exhibit I of this Agreement (***) will maintain comprehensive Products
liability and Grounding coverage through a rated insurance company for the amount of ***
per occurrence, both throughout the term of this Agreement. Supplier shall also maintain
*** Insurance, covering incidents, risks and other situations, as it might be required by
law or agreed upon between the Parties. 

The insurance policies shall in all
cases be in form and amounts above mentioned, and issued by insurance companies of
reasonably known capacity reasonably known capacity, satisfactory to ***, which will not
unreasonably refuse its approval. In the event ***’s insurance company requires an
increase in such amounts, Supplier and *** will mutually agree on the amount in good
faith. 

*** may request, at any time during
this Agreement, copies of the above mentioned policies and/or material evidence that the
insurance coverage’s are in full force end effect. 

	9.7  	Indemnification  

Supplier hereby agrees to indemnify
and hold harmless *** and ***’s officers, directors, employees and agents
(collectively “*** Indemnitee”) from and against all liabilities, damages,
losses and judgments, including costs and expenses incident thereto, which may be suffered
by, accrued against, be charged to, or be recoverable from ***, its officers and/or
employees, by reason of injury to or death of any person or persons, or by reason of loss
of or damage to property, including any Aircraft, arising out of, or in any way connected
with the Products and/or their use. 

TO THE FULLEST EXTENT PERMITTED UNDER
APPLICABLE LAW, UNDER NO CIRCUMSTANCES SHALL *** INDEMNITEE BE LIABLE FOR ANY INDIRECT,
SPECIAL, INCIDENTAL, CONSEQUENTIAL, MULTIPLE OR PUNITIVE DAMAGES, LOST PROFITS, OR
OPPORTUNITY COSTS SUFFERED BY SUPPLIER DIRECTLY OR INDIRECTLY IN CONNECTION WITH THIS
AGREEMENT OR FOR ANY LIABILITY TO THIRD PARTIES INCURRED BY SUPPLIER, WHETHER SUCH CLAIM
IS BASED UPON BREACH OF CONTRACT, WARRANTY, OR NEGLIGENCE, AND WHETHER GROUNDED IN TORT,
CONTRACT, CIVIL LAW, OR ANY OTHER THEORY OF LIABILITY, INCLUDING STRICT LIABILITY, AND
UNDER NO CIRCUMSTANCES SHALL SUPPLIER BE ENTITLED TO ASSERT A CLAIM AGAINST *** INDEMNITEE
FOR INDEMNIFICATION OR DAMAGES BASED THEREON. 

	9.8  	Publicity  

No information relating to the
subject matter of this Agreement including, without limitation, news releases,
photographs, films, advertisements, public announcements and denials or confirmations of
such public announcements, shall be disclosed or otherwise made available by Supplier to
any third party without ***’s prior written consent. Supplier agrees to reasonably
assist in advertising campaigns and promotion for the Aircraft as directed by ***. Without
prejudice to the terms of this section 9.8, *** agrees that Supplier can announce the
execution of this Agreement. 

Page 25 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	9.9  	Customer
Contact  

*** is the only responsible for all
contact with Customers regarding the Program and the Aircraft, as well as any other ***
model aircraft programs. Supplier shall not make any contact with actual or potential
Customers on the subject of the Program or without ***’s prior written consent; and
Supplier shall respond to any inquiry from actual or potential Customers regarding the
Program and the Aircraft by requesting that the inquiry be directed to ***. Supplier
shall, concurrently with such response, advise *** of such inquiry. 

	9.10  	Taxes
and Duties  

Each Party will be responsible for
all taxes, fees, levies, imposts, penalties, excises, surcharges and import and export
charges and other duties imposed by any governmental authority or subdivision thereof
which may be assessed against or incurred by such Party as a result of its performance
under this Agreement; provided, however, that Supplier agrees to pay and be responsible
for, and to hold *** harmless, on an after-tax basis, from: 

     (i)    
          All taxes, fees and duties associated with the manufacture of Products and
          passage of title and delivery of said Products to ***, except that Supplier
          shall not be responsible for any customs duties, tariffs or sales or use taxes
          assessed in *** in regard to any Product for which *** has accepted title other
          than those duties which may be assessed pursuant to the item (ii) below; and 

     (ii)    
          All taxes, fees and duties on any property furnished by *** to Supplier
          including but not limited to data, information, materials, parts or tools, and
          Supplier agrees to, when required by the property owner in a timely manner,
          declare, file, register and/or pay all such taxes on behalf of *** and keep ***
          informed of all such activities and provide supporting documentation as
          requested. 

     (iii)    
          In any case in which a penalty, tax, fee, duty, impost, levy, excise, surcharge
          or import / export charge is charged or claimed against *** by the *** customs
          or other competent authorities due to the non-compliance by Supplier with
          ***’s Shipping Policy, Supplier shall reimburse *** the corresponding
          values so charged or claimed against ***. 

	 	9.10.1 	Labor
Taxes 

Each Party shall be responsible for
all tax reports and tax payments and for the payment of social welfare contributions and
compliance with all social welfare or other applicable regulations required to be made or
discharged by employers under the laws of the other Party’s central or local
government, where applicable, with respect to its employees stationed at the other
Party’s locations. 

Page 26 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	9.11  	Survival  

Without limiting any other survival
provision contained herein and notwithstanding any other provision of this Agreement to
the contrary, the representations, covenants, agreements and obligations of the Parties
set forth in this Agreement, shall survive any cancellation, termination, expiration
and/or any assignment of this Agreement, or of any payment and performance of any or all
of the other obligations of the Parties hereunder, including those obligations contained
in the following provisions: (i) Applicable Law, (ii) Assignment, (iii) Compliance with
Laws, (iv) Dispute Resolution, (v) Export Control Compliance, (vi) Independent
Contractor’s, (vii) Indemnification, (viii) Intellectual Property, (ix) Intellectual
Property Infringement Indemnification, (x) Insurance, (xi) Nonwaiver, (xii) Proprietary
Information, (xiii) Remedies, (xiv) Remedies Not Exclusive, (xv) Severability, (xvi)
Supplier Representations, (xvii) Restrictions, (xiii) Surplus Products, (xix) Survival of
Warranties, (xx) Survival and (xxi) Obsolescence. 

	9.12  	Amendment  

This Agreement may only be altered,
amended or supplemented by a written instrument executed by the Parties, except where
otherwise provided herein. 

	9.13  	Assignment  

Neither Party shall assign any of its
rights hereunder, including, without limitation, rights to monies due or to become due
hereunder, or delegate any of its duties hereunder without the prior written consent of
the other. 

	9.14  	Compliance
With Laws  

Each Party shall be responsible for
complying with all laws, including, but not limited to, any statute, rule, regulation,
judgment, decree, order or permit applicable to its performance under this Agreement and
agrees to indemnify and to hold harmless the other Party from any failure by the former to
comply with any provisions of such laws. Each Party further agrees (i) to notify the other
of any obligation under this Agreement which is or may become prohibited under applicable
law, at the earliest opportunity but in all events, where applicable, sufficiently in
advance of the former’s performance of such obligation so as to enable the other to
identify alternative methods of performance that will comply with applicable law, (ii) to
notify the other at the earliest possible opportunity if the former’s performance of
any aspect of its obligations under the Agreement will subject the other to liability
under applicable laws, and (iii) to notify the other at the earliest possible opportunity
of any aspect of the former’s performance which becomes or which the former
reasonably believes will become subject to additional regulation after the date of
execution of this Agreement. 

	9.15  	Headings  

Headings used in this Agreement are
for convenience of reference only and shall not affect the interpretation of this
Agreement. 

Page 27 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	9.16  	Severability  

If any provision in this Agreement is
or becomes void or unenforceable by force or operation of law, the other provisions shall
remain valid and enforceable. 

	9.17  	Export
Control  

	  	9.17.1       
Supplier
represents and warrants that it will comply with all applicable laws related to the
export, re-export and transfer of the Product and its associated software and technology
under this Agreement. Without limiting the generality of the foregoing, Supplier further
represents and warrants that:  

    a)        it
shall ensure that any Product and its associated software and technology that
          is subject to the jurisdiction of the United States Export Administration
          Regulations (“EAR”), the International Traffic In Arms Regulations
          (“ITAR”), or other applicable export control or economic sanctions
          laws, is not (i) exported, transferred or released from the United States or by
          United States persons or (ii) exported, re-exported, transferred or released
          from countries other than the United States, without first complying with all
          requirements of the EAR, ITAR, or other applicable export control or economic
          sanctions laws including the requirement for obtaining an export license, if
          applicable;  

    b)        it
will timely inform *** in writing and in good faith of the existence and           nature
of any restriction that the government of Supplier’s country and/or           the
government of the United States imposes or may impose on the export,           re-export,
transfer or release of the Product and its associated software and           technology.  

	  	9.17.2       
Upon
execution of this Agreement, and at anytime upon ***’s request, Supplier shall
deliver the Product export control classification sheet attached hereto as Exhibit D,
completed and signed by a duly authorized officer of Supplier. Supplier shall also submit
the Product export control classification sheet to *** immediately following any changes
to the information previously provided.  

	  	9.17.3       
If
an export license is required for the export, re-export, transfer, or release of any
Product and associated software and technology supplied under this Agreement, Supplier
shall timely obtain such license and shall provide *** with copies of the license,
license application, and related export control documentation (transmittal letter, etc).
Denial of a license will only be construed as excusable delay under this Agreement if the
license is denied for reasons not attributable to Supplier and after Supplier has
demonstrated to ***’s satisfaction that (a) Supplier filed with the proper
governmental authorities the license application and documents in support of the license
application pursuant to the applicable laws and regulations, including a comprehensive
and complete letter to the relevant governmental agency explaining the details of the
export, re-export, transfer, or release and (b) Supplier used its best efforts to obtain
approval of the license application. *** may, in its sole discretion, request a legal
opinion from Supplier’s counsel, acceptable to *** and at Supplier’s expense,
confirming that Supplier has complied with the above. Denials of licenses in all other
circumstances will not be construed as excusable delay.  

Page 28 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	  	9.17.4       
Supplier
shall immediately notify *** if Supplier is, or becomes, listed on any U.S. or other
government list of restricted or prohibited persons, or if Supplier’s export
privileges are otherwise denied, suspended or revoked in whole or in part by any
government entity or agency. 

	9.18  	Nonwaiver  

No failure on the part of either
Party in exercising any right or remedy hereunder, or as provided by law or in equity,
shall impair, prejudice or constitute a waiver of any such right or remedy, or shall be
construed as a waiver of any event of default or as acquiescence therein. No single or
partial exercise of any such right or remedy shall preclude any other or further exercise
thereof or the exercise of any other right or remedy. No acceptance of partial payment or
performance of any of Supplier’s or ***’s obligations hereunder shall constitute
a waiver of any event of default or a waiver or release of payment or performance in full
by Supplier or *** of any such obligation. 

	9.19  	Applicable
Law  

This Agreement shall be subject to
and governed by the laws of the United States and the State of New York, excluding their
choice-of-law principles (other than section 5-1401 and 5-1402 of the New York General
Obligations Law). The United Nations Convention on Contracts for the International Sale of
Goods, 1980, and any successor thereto, will not apply. Any suit must be brought to the
arbitration panel mentioned in Section 8.20, and the Parties irrevocably consent to
personal and exclusive jurisdiction and forum of, and agree to be bound by any arbitration
award rendered by these arbitrators. 

	9.20  	Dispute
Resolution  

*** and Supplier hereby agree to
attempt to resolve through negotiation any and all disputes between *** and Supplier,
arising out of or in connection with this Agreement or its performance, including, but not
limited to, any questions regarding the existence, validity or termination hereof. At any
time, however, if a Party decides not to pursue negotiations any longer, said dispute
shall be finally settled by binding arbitration. If arbitration is so initiated, it will
be conducted in the English language, will take place in New York, USA and will be
conducted in accordance with the Rules of Arbitration of the International Chamber of
Commerce of Paris, as they may be modified by this Section (the “Rules”), by
three arbitrators appointed in accordance with said Rules. Arbitrators must have
experience in deciding complex commercial cases, and should preferably have aircraft
industry background. 

Page 29 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	9.21  	Remedies
not Exclusive  

The rights and remedies set forth in
this Agreement are not exclusive, except in case the remedy is indicated herein as
exclusive, and nothing contained in this Agreement shall be deemed to diminish or
eliminate any right or remedy which *** may have at law or in equity. 

	9.22  	Independent
Contractors  

The relationship between *** and
Supplier shall be that of independent contractors and not of an agent for or partner of
the other for any purpose whatsoever. Neither Party shall represent itself as the agent or
legal partner of the other Party or do any act or thing which might result in other
persons believing that it has authority to contract or in any other way to enter in
commitments on behalf of the other. 

	9.23  	Changes
to Supplier Ownership or Affiliation  

If at any time Supplier becomes owned
or controlled by or merges with any person or entity which competes with *** aircraft or
enters into a substantial risk sharing arrangement which risk sharing arrangement is
involved in a undertaking which competes with *** aircraft, Supplier shall notify *** in
advance, and *** may terminate this Agreement by providing written notice to Supplier.
Further, in the event that transfer of de facto control, or of a material part, of
Supplier’s business to a third party is contemplated, Supplier shall give timely
notice to ***, but no less than within *** (***) *** prior to any such transfer or, in the
event Supplier does not have knowledge of such transfer prior to its occurrence, Supplier
agrees to give notice to *** within *** (***) *** after said occurrence. Upon such
notification, *** may, at its sole discretion, renegotiate with Supplier mutually
acceptable terms to continue this Agreement or terminate this Agreement without any
liability to ***, other than the payment by each party of the amounts specified in Section
8.2 of this Agreement. 

	9.24  	Notices,
Requests and Language  

All notices and requests in connection
with this Agreement shall be given in English and in writing and may be given by airmail,
facsimile or any other customary means of communication to the contract administrators of
the Program that each Party shall indicate to the other at the appropriate time. 

The effective date of any notice or
request given in connection with this Agreement shall be two (2) days after the receipt by
the addressee. 

The language of this Agreement and
all other documents in any way relating to this Agreement is the English language. In the
event this Agreement or any other document in any way relating to this Agreement is
translated into another language or is issued in more than one language, the version which
shall prevail for all purposes whatsoever is the version written in the English language. 

Page 30 of  31

CONFIDENTIAL 

CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT WHICH ARE MARKED AS FOLLOWS: [*], AND
THE REDACTED PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SEC. 

	9.25  	Term
of Agreement  

Unless earlier terminated in
accordance with the provisions of this Agreement, or renewed by written agreement of the
Parties prior to the expiration this Agreement shall be valid and effective between the
Parties until December 31st, 2012, and at ***’s discretion may be renewed for
additional periods of *** (***) ***. *** shall formalize to Supplier, at least *** ***
prior to the end of the Agreement, intention to extend such Agreement for an additional
*** *** period. 

	9.26  	Entire
Agreement  

This Agreement, including all
attachments hereto, constitutes the final, complete and exclusive agreement between the
Parties relating to the subject matter hereof and cancels and supersedes all previous
agreements between the Parties relating thereto, whether written or oral. Furthermore, the
terms and conditions contained in this Agreement do not create or represent a precedent
for the interpretation of any other agreements that have been or will be executed between
the Parties not relation to the subject matter hereof. 

IN WITNESS WHEREOF, the Parties have
caused this Agreement to be duly executed and delivered by their proper and duly
authorized officers, and to be effective as of the day and year first above written. 

			
	*** 	 	Summit Aviation Supply  
	 		
	 		
	***

——————————————

Name:   ***
Title:    ***		/s/ Andrew Levi

——————————————

Name:  Andrew Levi
Title:   President
	 		
	 		
	***

——————————————

Name: ***
Title:   ***		/s/  Paul Cooperman
——————————————

Name:  Paul Cooperman
Title:  Manager
	 		
	WITNESSES		
	 		
	***

——————————————

Name: ***
ID:  ***		

——————————————

Name:
ID:

Page 31 of  31VS Parent, Inc. 2006 Stock Option Plan

 Exhibit 10.27 
 VS PARENT, INC. 
 2006 STOCK OPTION PLAN

 WHEREAS, the Board of Directors of VS Holdings, Inc. (“Holdings”) adopted the VS Holdings, Inc. 2002 Stock
Option Plan (the “Predecessor Stock Option Plan”) in 2002 to provide for the issuance of options to acquire shares of common stock of Holdings to directors, officers, consultants and employees of Holdings and its subsidiaries; and

 WHEREAS, (a) Article 3, clauses (iv) and (v) of the Predecessor Stock Option Plan provided that the Board of
Directors of Holdings is authorized to “modify the terms of grants made under the Plan” and to “interpret the Plan and any grants made thereunder,” (b) Section 5.4 of the Predecessor Stock Option Plan provided that the
Board of Directors of Holdings “may amend or modify any Option in any manner to the extent that the Board would have had the authority under the Plan initially to grant such Option; provided that no such amendment or modification shall impair
the rights of any Participant under any Option without the consent of such Participant,” (c) Section 9.2 of the Predecessor Stock Option Plan provided that the Board of Directors of Holdings may “amend the [Predecessor Stock
Option Plan] from time to time in such respects as the Board may deem advisable,” provided that no “amendment shall adversely affect the rights of any Participant without the consent of such Participant,” and (d) Section 9.3
of the Predecessor Stock Option Plan provided that “[i]n the event of a reorganization, recapitalization, stock dividend, stock split, share combination or other change in the shares of Common Stock, the Board shall make such adjustments in the
number and type of shares authorized by the Plan, the number and type of shares covered by outstanding Options and the Exercise Prices specified therein and other amendments to the Plan as the Board, in good faith, determines to be appropriate and
equitable in order to prevent the dilution or enlargement of the rights granted hereunder or under any outstanding Options”; and 
 WHEREAS, Holdings entered into a merger agreement with VS Mergersub, Inc. whereby VS Mergersub, Inc. was merged with and into Holdings, with Holdings surviving such merger (the “Merger”), and at the effective time of the Merger
(the “Effective Time”), each outstanding shares of common stock of Holdings was converted into a right to receive one share of common stock of VS Parent, Inc., a Delaware corporation (“Parent”); and 
 WHEREAS, the Board of Directors of Holdings determined (a) pursuant to its authority under Article 3 of the Predecessor Stock Option
Plan to “interpret the Plan and any grants made thereunder,” that the Merger constituted a “reorganization, recapitalization,... or other change in the shares of Common Stock” contemplated by Section 9.3 of the
Predecessor Stock Option Plan that requires the Board of Directors to effect the transactions contemplated by this Agreement, and (b) that the transactions effected hereby did not impair or adversely affect the rights of the Participants and
are necessary to “prevent the dilution or enlargement of the rights granted under any outstanding Options” as required by Section 9.3 of the Predecessor Stock Option Plan; and 
 WHEREAS, pursuant to that certain Stock Options Assignment and Assumption Agreement dated June 12, 2006 by and between Holdings and
Parent, Holdings assigned to

 
Parent, and Parent received, acquired and accepted from Holdings, all of Holdings rights under the Predecessor Stock Option Plan and Parent assumed and agreed to pay or perform all of
Holdings’ liabilities and obligation arising under the Predecessor Stock Option Plan and under all outstanding Options. 
 NOW, THEREFORE, Parent does hereby amend and restate the Predecessor Stock Option Plan as follows: 
 ARTICLE 1 

 Purpose of the Plan 
 This plan shall be known as the VS Parent, Inc. 2006 Stock Option Plan (the “Plan”). The purpose of the Plan shall be to promote the long-term growth and profitability of VS Parent, Inc.
(the “Company”) and its Subsidiaries by providing certain directors, officers, consultants and Employees of the Company and its Subsidiaries with incentives to further the development and financial success of the Company and its
Subsidiaries. By allowing certain individuals to acquire an ownership interest in the Company, the Plan is intended to motivate certain individuals to contribute to the success of the Company and its Subsidiaries. The Plan will also enable the
Company and its Subsidiaries to attract and retain individuals of exceptional talent to contribute to the sustained progress, growth and profitability of the Company and its Subsidiaries. 
 ARTICLE 2 
 Definitions 
 For purposes of the Plan, except where the context clearly indicates otherwise, the following terms shall have the meanings set forth below:

 “Affiliate” of any particular Person means (a) any other Person controlling, controlled by or under
common control with such particular Person, and (b) in the case of a natural Person, includes any Family Member of such Person. 
 “Aggregate Exercise Price” shall have the meaning set forth in Section 6.2. 
 “Bear
Stearns” means BSMB/Vitamin Investors, LLC, a Delaware limited liability company. 
 “Board of
Directors” and “Board” mean the Board of Directors of the Company, or to the extent the Board has delegated one or more responsibilities under the Plan, such reference to the Board shall mean the Committee of the Board that
has been delegated such responsibility. 
 “Cause” means (a) for any Participant that has an Employment
Agreement that defines “Cause” or “with cause,” the definition of Cause or with cause as set forth in such Employment Agreement, and (b) for any other Participant, the occurrence of one or more of the following events:

  

	 	(i)	misappropriation of the Company’s or any of its Subsidiaries’ assets or business opportunities; 

	 	(ii)	alcoholism or drug addiction which impairs one’s ability to perform his duties and responsibilities hereunder or is injurious to the business of the Company or any
of its Subsidiaries; 

  

	 	(iii)	the commission of a felony or crime involving moral turpitude; 

  

	 	(iv)	intentionally causing the Company or any of its Subsidiaries to violate a local, state or federal law in any material respect; 

  

	 	(v)	gross negligence or willful misconduct in the conduct or management of the Company or any of its Subsidiaries not remedied within 10 days after receipt of written
notice from the Company or any of its Subsidiaries; or 

  

	 	(vi)	refusal to comply with any policy, directive or decision of the Board in furtherance of a lawful business purpose or refusal to perform the duties reasonably assigned
to the individual by the Board or any other Person to whom such Participant reports consistent with the functions, duties and responsibilities of his position and only if not remedied within 10 days after receipt of written notice from the Company
or any of its Subsidiaries. 

 “Code” means the Internal Revenue Code of 1986, as amended.

 “Common Stock” means the Company’s Common Stock, par value $.01 per share, and any capital stock of any
class of the Company hereafter authorized, and any other shares into which such stock may be changed by reason of a recapitalization, reorganization, merger, consolidation or any other change in the corporate structure or capital stock of the
Company. 
 “Company” shall have the meaning set forth in the preamble. 
 “Company Sale” means the consummation of a transaction, whether in a single transaction or in a series of related
transactions, with any Independent Third Party or group of Independent Third Parties pursuant to which such Person or Persons (a) acquire (whether by merger, consolidation, recapitalization, reorganization, redemption, Transfer or issuance of
capital stock or otherwise) capital stock of the Company (or any surviving or resulting corporation) possessing the voting power to elect a majority of the board of directors of the Company (or such surviving or resulting corporation) or
(b) acquire assets constituting all or substantially all of the assets of the Company and its Subsidiaries (as determined on a consolidated basis). 
 “Disability” means (a) for any Participant that has an Employment Agreement that defines “Disability,” the definition of Disability as set forth in such Employment
Agreement, and (b) for any other Participant, the inability, by reason of bodily injury or physical or mental disease, or any combination thereof, of an individual to perform his customary or other comparable duties with the Company for ninety
(90) consecutive days, or for shorter periods aggregating at least 120 days (whether or not consecutive) during any twelve-month period, as determined in the reasonable judgment of the Board. 

 “Effective Date” means the effective date of the VS Holdings, Inc. 2002
Stock Option Plan, which is the predecessor to the Plan, and was November 27, 2002. 
 “Employee” means
any full-time employee of the Company or its Subsidiaries. 
 “Employment Agreement” means any employment
agreement of a Participant with the Company or any Subsidiary. 
 “Exchange Act” means the Securities Exchange
Act of 1934, as amended. 
 “Exercise Agreement” means the Exercise Agreement attached hereto as Annex II by
and among the Company and the Participants, or in such other form as may be attached to an Option Certificate. 
 “Exercise Price” shall have the meaning set forth in Section 5.2. 
 “Expiration
Date” shall have the meaning set forth in Section 7.1. 
 “Fair Market Value” means with respect
to any security, the fair market value of such security as determined in good faith by the Board. 
 “Family
Member” means, with respect to any individual, such individual’s spouse and descendants (whether natural or adopted) and any trust, family limited liability company, family limited partnership or other similar entity, in each case
established and maintained for the benefit of such individual, such individual’s spouse, or such individual’s descendants. 
 “Independent Third Party” means any Person who, immediately prior to the contemplated transaction, does not own in excess of 5% of the Common Stock on a fully-diluted basis (a “5% Owner”), who is not controlling,
controlled by or under common control with any such 5% Owner and who is not the spouse or descendent (by birth or adoption) of any such 5% Owner or a trust for the benefit of such 5% Owner or such other Persons. 
 “Option Certificate” shall have the meaning set forth in Section 6.3. 
 “Option Shares” means, with respect to any Participant, (i) any shares of Common Stock issued or issuable by the
Company upon exercise of any Option by such Participant, and (ii) any shares of the capital stock of the Company issued in respect of any of the securities described in clause (i) above, by way of stock dividend, stock split, merger,
consolidation, reorganization or other recapitalization. 
 “Options” means the options granted pursuant to
this Plan. 
 “Original Cost” means (i) for any Option, $0, and (ii) for any Option Share, the
Exercise Price paid therefor under the Option. 
 “Participant” means any individual who is selected to
participate in the Plan in accordance with Article 5 of the Plan. 

 “Person” means an individual, a partnership, a corporation, a limited
liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. 
 “Plan” means this 2006 Stock Option Plan, as amended or supplemented from time to time in accordance with its terms.

 “Public Offering” means any offering by the Company of its capital stock or equity securities to the public
pursuant to an effective registration statement under the Securities Act, provided that a Public Offering shall not include an offering made in connection with a business acquisition or combination or an employee benefit plan. 
 “Qualified Public Offering” means the consummation of an underwritten Public Offering of shares of Common Stock which
results in gross proceeds to the Company and any selling stockholders of more than $80,000,000. 
 “Retirement”
means retirement as defined under any Company pension plan or retirement program or termination of one’s employment by retirement with the approval of the Board. 
 “Securities Act” means the Securities Act of 1933, as amended. 
 “Securityholders Agreement” means that certain Securityholders Agreement dated as of November 27, 2002, among the Company, Bear Stearns, FdG Capital Associates LLC, Blackstone Mezzanine Partners L.P., Jeffrey Horowitz
and Tom Tolworthy, and the other parties named therein, as amended from time to time in accordance with the terms thereof. 
 “Subsidiary” means, with respect to the Company, any corporation, limited liability company, partnership, association or other business entity of which (a) if a corporation, a majority of the total voting power of
shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by the Company or one or more of the other
Subsidiaries of the Company or a combination thereof, or (b) if a limited liability company, partnership, association or other business entity, a majority of the limited liability company, partnership or other similar ownership interest thereof
is at the time owned or controlled, directly or indirectly, by the Company or one or more Subsidiaries of the Company or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a
limited liability company, partnership, association or other business entity if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity gains or losses or shall be or
control the managing director or general partner of such limited liability company, partnership, association or other business entity. 
 “Termination” shall have the meaning set forth in Section 7.1. 
 “Tranche”
shall have the meaning set forth in Section 4.1. 
 “Tranche A Options” means those Options designated by
the Board as Tranche A Options. 

 “Tranche B Options” means those Options designated by the Board as Tranche
B Options. 
 “Tranche C Options” means those Options designated by the Board as Tranche C Options. 

“Tranche D Options” means those Options designated by the Board as Tranche D Options. 
 “Transfer” means any direct or indirect sale, transfer, assignment, pledge, encumbrance or other disposition (whether with
or without consideration and whether voluntarily or involuntarily or by operation of law) including any derivative transaction that has the effect of changing materially the economic benefits and risks of ownership. 
 ARTICLE 3 
 Administration 
 The Plan shall be administered by the Board. Subject to the provisions of the Plan, the Board
shall be authorized to (i) select Participants, (ii) determine the form and substance of Options granted under the Plan to each Participant, and the conditions and restrictions, if any, subject to which such grants will be made,
(iii) certify that the conditions and restrictions applicable to any grant have been met, (iv) modify the terms of grants made under the Plan, (v) interpret the Plan and grants made thereunder, (vi) make any adjustments necessary
or desirable in connection with grants made under the Plan to eligible Participants located outside the United States and (vii) adopt, amend, or rescind such rules and regulations, and make such other determinations, for carrying out the Plan
as it may deem appropriate, provided that no such adoption, amendment, rescission or modification may adversely affect the rights of any Participant without such Participant’s consent. Decisions of the Board on all matters relating to the Plan
shall be in the Board’s sole discretion and shall be conclusive and binding upon the Participants, the Company and all other Persons to whom Options have been Transferred in accordance with Section 6.1. The validity, construction, and
effect of the Plan and any rules and regulations relating to the Plan shall be determined in accordance with applicable federal and state laws and rules and regulations promulgated pursuant thereto. 
 The expenses of the Plan shall be borne by the Company. The Plan shall not be required to establish any special or separate fund or make any
other segregation of assets to assume the payment of any award under the Plan, and rights to the payment of such awards shall be no greater than the rights of the Company’s general creditors. The Board may, to the extent permissible by law,
delegate any of its authority hereunder to such persons as it deems appropriate. 
 ARTICLE 4 
 Limitation on Available Option Shares 
 4.1 Option Shares Available for the Plan. Subject to adjustments as provided in Section 9.3, Options to acquire an aggregate of 2,046,041 shares of Common Stock may be issued pursuant to the
Plan. Options shall be divided into four separate tranches (each a “Tranche”) as follows: 
 (a)
Option Shares Available under Tranche A: Options to acquire an aggregate of 1,023,020 shares of Common Stock shall be designated as Tranche A Options. 

 (b) Option Shares Available under Tranche B: Options to acquire an
aggregate of 341,007 shares of Common Stock shall be designated as Tranche B Options. 
 (c) Option Shares
Available under Tranche C: Options to acquire an aggregate of 341,007 shares of Common Stock shall be designated as Tranche C Options. 
 (d) Option Shares Available under Tranche D: Options to acquire an aggregate of 341,007 shares of Common Stock shall be designated as Tranche D Options. 
 The Board may issue, from time to time, Options of any Tranche on and after the Effective Date in its sole discretion. 
 4.2 Status of Option Shares. The shares of Common Stock for which Options may be granted under the Plan may be either authorized and
unissued shares, treasury shares or a combination thereof, as the Board shall determine and shall be reserved by the Board for issuance as provided in the Plan. To the extent any Options are not awarded under the Plan, the Option Shares reserved for
issuance in respect thereof shall become available for issuance for any purpose that the Board, in its discretion, determines. To the extent any outstanding Options expire or are terminated prior to exercise, the Option Shares in respect of which
such Options were issued shall remain available for reissuance pursuant to the Plan or any other plan or agreement approved by the Board. 
 4.3 Qualified by Securityholders Agreement. The Option Shares will be subject to the terms and conditions of the Securityholders Agreement. As a condition to the exercise of any Option, to the
extent a Participant has not already become a party thereto, such Participant shall be required to become a party to the Securityholders Agreement as a “Management Holder” thereunder. 
 ARTICLE 5 
 Grant of Options 
 5.1 Participation. Participation in the Plan shall be limited to those directors,
officers, consultants and Employees of the Company and its Subsidiaries selected by the Board. Nothing in the Plan or in any grant thereunder shall confer any right on a Participant to continue in the employ as a director, employee or officer of the
Company and its Subsidiaries or shall interfere in any way with the right of the Company or its Subsidiary to terminate the employment or consulting arrangement or to reduce the compensation or responsibilities of a Participant at any time. By
accepting any award under the Plan, each Participant and each Person claiming under or through him or her shall be conclusively deemed to have indicated his or her acceptance and ratification of, and consent to, any action taken under the Plan by
the Company or the Board. Determinations made by the Board under the Plan need not be uniform and may be made selectively among eligible individuals under the Plan, whether or not such individuals are similarly situated. A grant of any type made
hereunder in any one year to an eligible Participant shall neither guarantee nor preclude a further grant of that or any other type to such Participant in that year or subsequent years. Options granted under the Plan shall be nonqualified stock
options and are not intended to be “incentive stock options” within the meaning of Section 422A of the Code or any successor provision. 

 5.2 Price. The price per Option Share deliverable upon the exercise of each Option
(“Exercise Price”) shall be: 
 (a) Tranche A: Tranche A Options shall have an Exercise
Price of $10 per Option Share. 
 (b) Tranche B: Tranche B Options shall have an Exercise Price of $20 per
Option Share; provided that with respect to any Tranche B Option granted at the same time as a Tranche A Option, the Exercise Price shall be no less than two times the Exercise Price of such Tranche A Option. 
 (c) Tranche C: Tranche C Options shall have an Exercise Price of $25 per Option Share; provided that with respect to
any Tranche C Option granted at the same time as a Tranche A Option, the Exercise Price shall be no less than 2.5 times the Exercise Price of such Tranche A Option. 
 (d) Tranche D: Tranche D Options shall have an Exercise Price of $30 per Option Share; provided that with respect to
any Tranche D Option granted at the same time as a Tranche A Option, the Exercise Price shall be no less than three times the Exercise Price of such Tranche A Option. 
 Notwithstanding the foregoing, with respect to any Options granted after the Effective Date, the Exercise Price shall be no less than the Fair Market Value of a share of Common Stock at the time of grant.
Notwithstanding the provisions of Section 5.2(b), (c) and (d) above, the Board may set the Exercise Price of Tranche B Options, Tranche C Options and Tranche D Options in any Option Certificate at $20, $25 and $30 per Option Share,
respectively, or any other greater amounts as the Board may determine, even if the Exercise Price of Tranche A Options issued at the same time is greater than $10 per Option Share; provided, that no Exercise Price shall be less than the Fair Market
Value of a share of Common Stock at the time of grant. 
 5.3 Payment. Options may be exercised, in whole or in part,
upon written notice to the Company (to the attention of the Company’s Secretary) accompanied by payment in full of the Exercise Price of the Option Shares to be acquired. Unless otherwise determined by the Board, payment shall be made in cash
(including check, bank draft, money order or wire transfer of immediately available funds). 
 5.4 Amendment, Modification
and Cancellation of Outstanding Options. The Board may amend or modify any Option in any manner to the extent that the Board would have had the authority under the Plan initially to grant such Option; provided that no such amendment or
modification shall impair the rights of any Participant under any Option without the consent of such Participant. With the Participant’s consent, the Board may cancel any Option and issue a new Option to such Participant. 

 ARTICLE 6 
 Exercise of Options 
 6.1 Nontransferability. Options may not be
Transferred other than by will or the laws of descent and distribution and, during the lifetime of the Participant, may be exercised only by such Participant (or his legal guardian or legal representative). Any Transfer or attempted Transfer of an
Option contrary to this Section 6.1 shall be void, and the Company shall not record such transfer on its books or treat any purported transferee of such Option as the owner of such Option for any purpose. In the event of the death of a
Participant, exercise of Options granted hereunder shall be made only 
 (a) by the executor or administrator of
the estate of the deceased Participant or the Person or Persons to whom the deceased Participant’s rights under the Option shall pass by will or the laws of descent and distribution and 
 (b) to the extent that the deceased Participant was entitled thereto at the date of his death, unless otherwise provided by
the Board in such Participant’s Option Certificate; 
 provided that, prior to the Transfer of any Option Shares or Options to any Person,
the Participant shall cause the prospective transferee to be bound by this Plan to the same extent as such Participant and to execute and deliver to the Company a joinder agreement to the Plan in the form of Annex III hereof. 
 6.2 Procedure for Exercise. Any Participant may exercise all or any portion of any of such Participant’s Options, to the extent
such Options are vested pursuant to Article 8 and are outstanding, at any time and from time to time prior to expiration, by completing, signing and delivering to the Company (to the attention of the Company’s Secretary) the Exercise Agreement,
accompanied by the related Option Certificate(s) and payment in full of an amount equal to the product of (i) the Exercise Price of such Option multiplied by (ii) the number of Option Shares to be acquired (the “Aggregate Exercise
Price”). Payment of the Exercise Price shall be made in cash (including check, bank draft, money order or wire transfer of immediately available funds). Notwithstanding anything in this Section 6.2 to the contrary, in the event that
any Option Certificate representing Options granted to a Participant is lost, stolen or destroyed, the Participant may, in lieu of delivering such Option Certificate at the time of exercise, deliver an affidavit as to its loss, theft or destruction
reasonably acceptable to the Company and any indemnity that the Company may reasonably request. A Participant’s right to exercise the Option shall be subject to the satisfaction of all conditions set forth in the Exercise Agreement, if any. If
a Participant exercises any Options for less than all of the Option Shares covered by the relevant Option Certificate, the Company shall issue a new Option Certificate to such Participant in respect of the portion of such Option remaining
unexercised. 
 6.3 Option Agreement. Each Option granted hereunder to a Participant shall be evidenced by a certificate
in the form attached hereto as Annex I or in such other form as the Board may from time to time adopt (the “Option Certificate”) which shall be signed by such officer of the Company as the Board shall designate and by such
Participant, and which may be modified for any particular Participant at the direction of the Board. For purposes of the Plan, no Option shall be deemed to be outstanding until it has been granted to a Participant by the Board

 
and an Option Certificate has been executed and delivered by the Company and an Option shall cease to be outstanding when it is repurchased by the Company, terminates or is exercised pursuant to
the Plan. 
 6.4 Listing, Registration and Compliance with Laws and Regulations. Options shall be subject to the
requirement that if at any time the Board shall make a good faith determination that the listing, registration or qualification of Option Shares upon any securities exchange or under any state or federal securities or other law or regulation, or the
consent or approval of any governmental regulatory body, is necessary or desirable as a condition to or in connection with the granting of the Options or the issuance or purchase of Option Shares thereunder, no Options may be granted or exercised,
in whole or in part, unless such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not reasonably acceptable to the Board. The Company shall in good faith, and to the extent
consistent with its reasonable business judgment, exercise all reasonable efforts to obtain any such listing, registration, qualification or approval. The holders of such Options shall supply the Company with such certificates, representations and
information as the Company shall reasonably request and shall otherwise cooperate with the Company in obtaining such listing, registration, qualification, consent or approval. In the case of officers and other Persons subject to Section 16(b)
of the Exchange Act, the Board may at any time impose any limitations upon the exercise of an Option that, in the Board’s discretion, are necessary or desirable in order to comply with such Section 16(b) and the rules and regulations
thereunder. 
 6.5 Withholding Taxes. The Company shall be entitled, if necessary or desirable, to withhold from any
Participant from any amounts due and payable by the Company to such Participant (or secure payment from such Participant in lieu of withholding) the amount of any withholding or other tax due from the Company with respect to any Option Shares
issuable under the Plan, and the Company may defer such issuance unless indemnified to its satisfaction. 
 ARTICLE 7 

 Termination of Options 
 7.1 Expiration Date. In no event shall any part of any Option be exercisable after 5:00 p.m. Eastern Standard Time after the tenth anniversary of the date of issuance (the “Expiration
Date”). Any unvested Option shall expire and shall be forfeited immediately upon the date that the holder thereof ceases to be a director, officer, consultant or Employee of the Company and its Subsidiaries (whether such termination is due
to death, Disability, Retirement, termination for Cause or otherwise) (a “Termination”). 
 7.2 Death,
Disability, Retirement or Other Reason. Except as otherwise provided in an Option Certificate or Employment Agreement, if a Participant ceases to be a director, officer, consultant or Employee of the Company and any Subsidiary due to
(a) death or Disability, then such Participant’s Options that were exercisable prior to the date of such death or Disability shall remain exercisable for, and shall otherwise terminate at the end of, a period of 90 days after the date of
such death or Disability, but in no event after the Expiration Date of the Options, or (b) Retirement or termination for any reason other then Cause, then such Participant’s Options that were exercisable prior to the date of such
Retirement or termination for any reason other than Cause shall remain exercisable for, and shall otherwise terminate at the end of, a period of 30 days after the date of such Retirement or discharge but in no event after the Expiration Date of the
Options. 

 7.3 Discharge for Cause. If a Participant ceases to be a director, officer,
consultant or Employee of the Company or any Subsidiary due to termination for Cause, then all of such Participant’s vested and unvested Options shall expire and be forfeited immediately upon such cessation, whether or not then exercisable.

 ARTICLE 8 
 Vesting 
 8.1 Normal Vesting. Subject to acceleration of vesting as
set forth in Section 8.2 and 8.3, Options awarded to any Participant shall become vested in four equal increments on each of the first, second, third and fourth anniversaries of the date on which such Options were awarded to such Participant
(i.e. 25% of the Options awarded to such Participant shall vest on each such anniversary); provided that such Participant is still a director, officer, consultant or Employee of the Company or any of its Subsidiaries on such date of vesting. All
Options held by a Participant will cease to vest on the date of Termination for such Participant. Notwithstanding the foregoing, the Board may provide for a different vesting schedule for a Participant and set forth such vesting schedule with
respect to such Participant in such Participant’s Option Certificate. 
 8.2 Intentionally Deleted. 
 8.3 Acceleration of Vesting on Company Sale. So long as a Participant has continuously been a director, officer, consultant or
Employee of the Company or any of its Subsidiaries from the date of Option grant until the date of the consummation of a Company Sale, then 100% of those Options held by such Participant that have not become vested at the date of such Company Sale
shall immediately vest and become exercisable simultaneously with the consummation of the Company Sale. The Company shall provide each Participant with notice of the terms of a Company Sale at least 30 days before the closing of such Company Sale,
and a Participant may exercise such Options until the closing of a Company Sale (such exercise may be conditioned on the consummation of a Company Sale), unless extended by the Board. In any event, any portion of Options that have not been exercised
prior to or in connection with a Company Sale shall expire and be forfeited, unless otherwise determined by the Board. 
 8.4
Vesting with respect to Tranches. Except as otherwise provided in an Option Certificate, (a) the vesting of Options shall be applied pro rata among the different Tranches of the Option issued pursuant to an Option Certificate, based on
the number of unvested Options in each Tranche (e.g., under the normal vesting set forth in Section 8.1 of the Plan, 25% of each Tranche of Options awarded to any Participant shall become vested on each of the first, second, third and fourth
anniversaries of the date on which such Options were awarded to such Participant) and (b) whenever the vesting of Options issued pursuant to an Option Certificate is partially accelerated pursuant to the Plan or such Option Certificate,
acceleration shall be applied pro rata among the unvested Options based on the dates such Options would otherwise have vested and shall also be applied pro rata among the different Tranches of the Options issued pursuant to such Option Certificate,
based on the number of unvested Options in each Tranche, and the remaining unvested Options in each Tranche shall thereafter continue to vest pursuant to the original vesting terms of such Options. 

 ARTICLE 9 
 Miscellaneous 
 9.1 Rights of Participants. Nothing in the Plan
shall interfere with or limit in any way any right of the Company or any of its Subsidiaries to terminate any Participant’s employment at any time (with or without cause), nor confer upon any Participant any right to continued employment by the
Company or any of its Subsidiaries for any period of time or to continue such Participant’s present (or any other) rate of compensation. No Employee shall have a right to be selected as a Participant or, having been so selected, to be selected
again as a Participant. 
 9.2 Amendment and Termination of the Plan. The Board may suspend or terminate the Plan or any
portion thereof at any time and may amend it from time to time in such respects as the Board may deem advisable; provided that no such amendment shall be made without stockholder approval to the extent such approval is required by law, agreement or
the rules of any exchange upon which the Common Stock is listed; and provided further that no suspension, termination or amendment shall adversely affect the rights of any Participant without the consent of such Participant. 
 9.3 Adjustments. In the event of a reorganization, recapitalization, stock dividend, stock split, share combination or other change
in the shares of Common Stock, the Board shall make such adjustments in the number and type of shares authorized by the Plan, the number and type of shares covered by outstanding Options and the Exercise Prices specified therein and other amendments
to the Plan as the Board, in good faith, determines to be appropriate and equitable in order to prevent the dilution or enlargement of the rights granted hereunder or under any outstanding Options. 
 9.4 Severability. Whenever possible, each provision of the Plan shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of the Plan is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of the
Plan. 
 9.5 Indemnification. In addition to such other rights of indemnification as they may have as members of the
Board, the Board shall be indemnified by the Company against all costs and expenses reasonably incurred by them in connection with any action, suit or proceeding to which they or any of them may be party by reason of any action taken or failure to
act under or in connection with the Plan or any Option granted thereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved by independent legal counsel selected by the Company) or paid by them in
satisfaction of a judgment in any such action, suit or proceeding; provided that any such Board member shall be entitled to the indemnification rights set forth in this Section 9.5 only if such member has acted in good faith and in a manner
that such member reasonably believed to be in or not opposed to the best interests of the Company and, with respect to any criminal action or proceeding, had no reasonable cause to believe that such conduct was unlawful, and further provided that
upon the institution of any such action, suit or proceeding a Board member shall give the Company written notice thereof and an opportunity, at its own expense, to handle and defend the same before such Board member undertakes to handle and defend
it on his own behalf. 

 9.6 Governing Law. The Plan shall be governed by the corporate laws of the State of
Delaware, without giving effect to any choice of law provisions that might otherwise refer construction or interpretation of the Plan to the substantive law of another jurisdiction. 
 9.7 Conflict. In the event of any conflict or inconsistency between the terms set forth in this Plan and the terms of any employment
agreement with a Participant, the terms of such employment agreement shall govern the interpretation of this Plan as it relates to such Participant and such Participant’s Option Certificates. 
 [END OF TEXT OF DOCUMENT] 

 Annex I 
 THIS OPTION AND THE OPTION SHARES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR UNDER THE SECURITIES LAWS OF ANY STATE. THIS OPTION IS ISSUED PURSUANT TO THE VS PARENT, INC. STOCK OPTION PLAN ASSUMED BY THE BOARD OF DIRECTORS OF THE COMPANY EFFECTIVE JUNE 12, 2006, AS AMENDED FROM TIME TO TIME (THE “PLAN”), AND
THIS OPTION IS SUBJECT TO THE TERMS SET FORTH IN THE PLAN. 
  
  
 OPTION TO PURCHASE _____ SHARES OF 
 COMMON STOCK OF 
 VS PARENT, INC. 
 OPTION NO. ______ 
 Date:__________ 
 VOID AFTER:_______________ 
  
  
 This option (this “Option”) is issued pursuant to the Company’s Stock Option Plan assumed by the Company June 12, 2006, as amended from time to time (the
“Plan”), and, other than as specifically set forth herein is subject in its entirety to the terms and conditions of the Plan (including, but not limited to, the vesting provisions), all of which are hereby incorporated in the terms
of this Option. Capitalized terms which are used but not defined herein shall have the respective meanings ascribed to them in the Plan. 
 This certifies that _____________ (“Participant”) is entitled, upon the due exercise hereof, to purchase (i) Tranche A Options: up to ________ shares of Common Stock, $0.01 par value
(the “Option Shares”), of VS Parent, Inc. (the “Company”) at a price of $____ per Option Share, (ii) Tranche B Options: up to _____ Option Shares at a price of $_____ per Option Share, (iii) Tranche C
Options: up to ______ Option Shares at a price of $_____ per Option Share, and (iv) Tranche D Options: up to _____ Option Shares at a price of $______ per Option Share. Each of the Tranche A Options, Tranche B Options, Tranche C Options and
Tranche D Options are exercisable only to the extent that such Options have vested in accordance with the Plan or this Option. 
 To the extent otherwise permitted by the Plan, the Participant may exercise all or any portion of the Option (or any Tranche thereof) by executing and delivering to the Company an Exercise Agreement, together with full payment of the
Aggregate Exercise Price for all

 
Option Shares being so purchased, such payment to be made by check, bank draft or money order made payable to “VS Parent, Inc.” or by wire transfer of immediately available funds.
Except as otherwise expressly provided by the Plan, this Option shall be deemed to have been exercised and the Option Shares issuable upon such exercise shall be deemed to have been issued as of the close of business on the date upon which all of
the foregoing items are received by the Company. 
 In the event of reorganization, recapitalization, stock dividend, stock
split, share combination or other change in the Common Stock of the Company, the number and, if applicable, the type of Option Shares issuable upon exercise of this Option and the Exercise Price therefore shall be adjusted as provided in the Plan.

 THIS OPTION MAY NOT BE TRANSFERRED BY THE PARTICIPANT EXCEPT IF AND AS OTHERWISE PERMITTED BY THE PLAN. 
 Prior to the exercise of this Option as permitted by the Plan, the Participant shall not, with respect to the Option Shares issuable upon
the due exercise hereof, be entitled to any of the rights of a stockholder of the Company including, without limitation, the right as a stockholder to (i) vote on or consent to any proposed action of the Company, (ii) receive dividends or
other distributions made to stockholders, (iii) receive notice of or attend any meetings of stockholders of the Company, or (iv) receive notice of any other proceedings of the Company. 
 [END OF PAGE] 
 [SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the Company has executed this Option as of the date first above written.

  

					
	VS PARENT, INC.
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 The undersigned hereby acknowledges having read this Option and the Plan and hereby agrees to
be bound by all provisions set forth herein and in the Plan. 
  

									
				
	 	 		 	Date:	 	 
	Name:	 		 		 	

 CONSENT OF SPOUSE 
 The undersigned spouse of the Participant hereby acknowledges that I have read the foregoing Option and the Plan (collectively, the
“Option Documents”) and that I understand their contents. I am aware that the Option Documents imposes restrictions on the Transfer of such Option Shares and the Option and provides for the repurchase of my spouse’s shares of
Common Stock under certain circumstances. I agree that my spouse’s interest in the Option and the Option Shares is subject to the Option Documents and any interest I may have in such Option and the Option Shares shall be irrevocably bound by
the Option Documents and further that the my community property interest, if any, shall be similarly bound by the Option Documents. 
 I am aware that the legal, financial and other matters contained in the Option Documents are complex and I am free to seek advice with respect thereto from independent counsel. I have either sought such advice or determined after carefully
reviewing the Option Documents that I will waive such right. 
  

	
	
	  
	[Spouse]
	
	  
	Witness

 Annex II 
 PARTICIPANT EXERCISE AGREEMENT 
 This
Participant Exercise Agreement (this “Agreement”), is made _________ __, 20__ by _____________________________ (“Participant”) and VS Parent, Inc., a Delaware corporation (the “Company”).
Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Company’s Stock Option Plan, assumed by the Company June 12, 2006 (as amended, the “Plan”). 
 The parties hereto agree as follows: 
 ARTICLE I 
 OPTION EXERCISE 
 1.1 Purchase and Sale of Option Shares. 
 (a) Upon delivery to the Company of this Agreement, the Option to which it relates and the Aggregate Exercise Price with respect thereto, the Company will sell and issue to Participant the Option Shares
that Participant elects to purchase hereunder. The Aggregate Exercise Price for the Option Shares purchased hereunder shall be paid by check, bank draft or money order made payable to “VS Parent, Inc.” or by wire transfer of immediately
available funds. 
 PARTICIPANT IS ADVISED THAT IT MAY BE IN PARTICIPANT’S OWN BEST INTEREST TO MAKE AN
EFFECTIVE ELECTION WITH THE INTERNAL REVENUE SERVICE UNDER SECTION 83(b) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS PROMULGATED THEREUNDER, AND THAT PARTICIPANT SHOULD CONSULT WITH PARTICIPANT’S TAX ADVISOR ABOUT THE DESIRABILITY OF AND
PROCEDURE FOR MAKING SUCH AN ELECTION BEFORE EXERCISING THE OPTION TO WHICH THIS NOTICE RELATES. 
 (b) In
connection with the purchase and sale of the Option Shares hereunder, Participant represents and warrants to the Company that: 
 (i) The Option Shares to be acquired by Participant pursuant to Participant’s exercise of the Option will be acquired for Participant’s own account and not with a view to, or intention of,
distribution thereof in violation of the Securities Act, or any applicable state securities laws, and the Option Shares will not be disposed of in contravention of the Securities Act or any applicable state securities laws; 
 (ii) The Participant’s knowledge and experience in financial and business matters are such that Participant is capable
of evaluating the merits and risks of the investment in the Option Shares; 

 (iii) Participant is able to bear the economic risk of his or her investment
in the Option Shares for an indefinite period of time because the Option Shares have not been registered under the Securities Act and, therefore, cannot be sold unless subsequently registered under the Securities Act or an exemption from such
registration is available; 
 (iv) Participant has had an opportunity to ask questions and receive answers
concerning the terms and conditions of the Option Shares and has had full access to such other information concerning the Company as he or she has requested; and 
 (v) Participant is a resident and domiciliary of the state or other jurisdiction hereinafter set forth opposite such
Participant’s signature and Participant has no present intention of becoming a resident of any other state or jurisdiction. If Participant is a resident and domiciliary of a state that requires the Company to ascertain certain other information
regarding the Participant, the Company may attach a page to this Agreement containing additional representations to be made by Participant in connection with such Participant’s investment in Option Shares, and by signing this Agreement,
Participant shall be deemed to have made such additional representations to the Company. 
 (c) Participant
further acknowledges and agrees that: 
 (i) neither the issuance of the Option Shares to Participant nor any
provision contained herein shall entitle Participant to remain in the employment of the Company and its Subsidiaries or affect any right of the Company to terminate Participant’s employment at any time for any reason; 
 (ii) the Company shall have no duty or obligation to disclose to Participant and Participant shall have no right to be
advised of, any material information regarding the Company and its Subsidiaries in connection with the repurchase of Option Shares upon the termination of Participant’s employment with the Company and its Subsidiaries or as otherwise provided
hereunder; and 
 (iii) the Company shall be entitled to withhold from Participant from any amounts due and
payable by the Company to Participant (or secure payment from Participant in lieu of withholding) the amount of any withholding or other tax due from the Company with respect to such Option Shares and the Company may defer issuance until indemnified
to its satisfaction. 
 (d) The Company and Participant acknowledge and agree that the Option Shares issued in
connection herewith are issued as a part of the compensation and incentive arrangements between the Company and Participant. 
 1.2 Restriction on Option Shares. Participant acknowledges that the Option Shares being purchased hereunder are being issued pursuant to the Plan, the terms and conditions of which are incorporated herein as if set forth fully
herein, and that such Option Shares are subject to certain restrictions on transfer, rights of repurchase and other provisions set forth in the

 
Plan and the Option Certificate. Participant acknowledges that the certificates evidencing such Option Shares shall be imprinted with a legend providing notice of such restrictions. Each
certificate or instrument evidencing Option Shares and each certificate or instrument issued in exchange for or upon the Transfer of any such Option Shares shall be stamped or otherwise imprinted with a legend (as appropriately completed under the
circumstances) in substantially the following form: 
 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE CONSTITUTE
“OPTION SHARES” UNDER A CERTAIN PARTICIPANT EXERCISE AGREEMENT DATED AS OF _____________ __, 20__ BETWEEN THE ISSUER OF SUCH SECURITIES (THE “COMPANY”) AND THE PERSON NAMED THEREIN AND, AS SUCH, ARE SUBJECT TO CERTAIN
RESTRICTIONS ON TRANSFER AND CERTAIN CALL RIGHTS SET FORTH IN THE PARTICIPANT EXERCISE AGREEMENT. A COPY OF SUCH PARTICIPANT EXERCISE AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.”

 Any Transfer or attempted Transfer of any Option Shares in violation of any provision of this Agreement shall be void, and the Company shall
not record such Transfer on its books or treat any purported transferee of such Option Shares as the owner of such Option Shares for any purpose. 
 1.3 Securityholders Agreement. By executing this Agreement, Participant agrees to become a party to, and to be bound by, the Securityholders Agreement. Participant shall execute a joinder to the
Securityholders Agreement in form and substance reasonably satisfactory to the Company. 
 ARTICLE II 
 PURCHASE OF EMPLOYEE SECURITIES UPON 
 TERMINATION OF EMPLOYEE STOCKHOLDER 
 2.1. Purchase Option. In the event a
Participant ceases to be an employee, consultant or director of the Company or its Subsidiaries, the Option Shares held by such Participant and his or her transferees will be subject to purchase by the Company and Bear Stearns (or its designees)
pursuant to the terms and conditions set forth in this Article II (the “Purchase Option”). 
 2.2. Purchase
Price. The purchase price for each Option Share subject to the Purchase Option (with shares having the lowest cost subject to repurchase prior to share with a higher cost) shall be as follows: 
 (a) If the Termination of such Participant is for Cause, then the purchase price for the Option Shares subject to the
Purchase Option shall be the lesser of (i) the Aggregate Exercise Price of such Option Shares, less the amount of any cash distributed by the Company with respect to such share between the date of Termination and the closing of such repurchase
or

 
(ii) the Fair Market Value of such Option Shares as of the Call Date, less the amount of any cash distributed by the Company with respect to such share between the date of Termination and the
closing of such repurchase; and 
 (b) If the Termination of such Participant is for any reason other than for
Cause, the purchase price for all Option Shares subject to the Purchase Option is the Fair Market Value thereof as of the Call Date. 
 2.3. Call Notice. 
 (a) The Board may elect to cause the Company to purchase all or any portion
of the Option Shares by delivering written notice (the “Call Notice”) to the Participant or transferees of the Participant within 60 days after the Call Date. If the Company does not elect to (or elects not to or cannot) purchase
all of the Option Shares pursuant to the Call Notice, Bear Stearns (or its designee) shall be entitled to purchase all or any portion of the Option Shares that the Company does not elect to (or elects not to or cannot) purchase (the
“Available Shares”). As soon as practicable after the Company has determined that there will be Available Shares, the Company shall give written notice (the “Option Notice”) to Bear Stearns (or its designee) setting
forth the number of any Available Shares and the purchase price for such Available Shares. Bear Stearns (or its designee) may elect to purchase all or a portion of the Available Shares by giving written notice to the Company and the Participant (or
transferees of the Participant) within 20 days after the Option Notice has been delivered to Bear Stearns (or its designees) by the Company; after which time the Purchase Option shall terminate. 
 (c) The number of Option Shares to be repurchased by the Company and Bear Stearns (or its designees) shall first be satisfied
to the extent possible from the Option Shares and held by the Participant at the time of delivery of the Call Notice. If the number of Option Shares then held by the Participant is less than the total number of Option Shares the Company and Bear
Stearns (or its designees) has elected to purchase, then the Company and Bear Stearns (or its designees) shall purchase the remaining shares elected to be purchased from the transferees of the Participant, pro rata according to the number of shares
held by each such transferee at the time of delivery of such Call Notice (determined as close as practical to the nearest whole shares). 
 (d) The closing of the Purchase Option shall take place on the date designated by the Company in the Call Notice, which date shall not be later than the 20th day after the later of (i) the expiration
of the 60-day period referred to in Section 2.3(b) if the Company exercises its right for all Option Shares subject to the Purchase Option and (ii) the expiration of the 20-day period provided in the Option Notice if there are Available
Shares. The Company shall pay for the Option Shares to be purchased pursuant to the Purchase Option by (i) delivery of a certified or cashier’s check or wire transfer of funds, (ii) a note or notes for an aggregate principal amount
equal to the repurchase price, payable on the fifth anniversary of the closing of such purchase and bearing interest at a rate per annum equal to the then prevailing “prime rate” and payable annually in cash (subject to the following three
sentences), or (iii) any combination of (i) and (ii) above. Any notes issued by the Company pursuant to this Section 2.3(d) will be subject to any restrictive covenants to which the Company is subject at the time of such
purchase. Bear Stearns shall pay for any Available Shares to be purchased pursuant to the Purchase Option by delivery

 
of a certified or cashier’s check or wire transfer of funds. Notwithstanding anything to the contrary contained herein, all repurchases of Option Shares by the Company will be subject to
applicable restrictions contained in the General Corporation Law of the State of Delaware and in the Company’s and its Subsidiaries’ debt and equity financing agreements. If any such restrictions prohibit the repurchase of Option Shares
hereunder which the Company is otherwise entitled to make, the Company may make such repurchases as soon as it is permitted to do so under such restrictions, and the Company will use all commercially reasonable efforts to obtain a waiver of any such
restriction or to otherwise enable the Company to make such repurchase. The purchasers of Option Shares hereunder shall be entitled to receive customary representations and warranties from the sellers as to title, authority and capacity to sell and
to require all sellers’ signatures to be guaranteed. At the closing, the holders of Option Shares being purchased shall deliver the certificate or certificates representing such shares to the Company or its nominees, accompanied by duly
executed stock powers. 
 2.4 Termination. The Company’s and Bear Stearns’ (and its designees’) rights
under this Article II shall terminate automatically and be of no further force and effect upon the consummation of a Qualified Public Offering. 
 ARTICLE III 
 AMENDMENT AND TERMINATION 
 Except as otherwise provided herein, no modification, amendment or waiver of any provision of this Agreement shall be effective against the
Company or the Participant unless such modification, amendment or waiver is approved in writing by the Company and the Participant. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver
of such provisions and shall not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 
 ARTICLE IV 
 MISCELLANEOUS 
 4.1. Certain Defined Terms. As used in this Agreement, the following terms shall have the meanings set forth or as referenced below:

 “Affiliate” of any particular Person means, with respect to Bear Stearns, Bear Stearns Merchant Banking
Partners II, L.P., Bear Stearns Merchant Banking Investors II, L.P., any investment fund formed by Bear Stearns or its Affiliates that generally invests in parallel with Bear Stearns Merchant Banking Partners II., L.P., The BSC Employee Fund III,
L.P., and The BSC Employee IV, L.P. 
 “Agreement” has the meaning set forth in the preface. 
 “Aggregate Exercise Price” means the product of (i) the Exercise Price of such Option (as defined in the Plan)
multiplied by (ii) the number of Option Shares to be acquired. 
 “Available Shares” has the meaning set
forth in Section 2.3. 

 “Bear Stearns” means The Bear Stearns Companies Inc., a Delaware
corporation. 
 “Board of Directors” and “Board” mean the Board of Directors of the Company,
or to the extent the Board has delegated one or more responsibilities under the Plan, such reference to the Board shall mean the Committee of the Board that has been delegated such responsibility. 
 “Call Date” means, (a) in the case of Termination due to death or Disability or by the Company for Cause, the
Termination Date, and (b) in the case of a Termination for any other reason, (i) with respect to Option Shares that are Mature Securities on the Termination Date of the Participant holding such Mature Securities, such Termination Date, and
(ii) with respect to Option Shares that are not Mature Securities on the Termination Date of the Participant holding such Option Shares, the date on which such Option Shares become Mature Securities. 
 “Call Notice” has the meaning set forth in Section 2.3. 
 “Company” has the meaning set forth in the preface. 
 “Fair Market Value” means with respect to any security, the fair market value of such security as determined in good faith
by the Board. 
 “Mature Securities” means, as of any date of determination, Option Shares held by a
Participant that both (a) have been held by such Participant for six months, and (b) were paid for by such Participant at least six month prior to such date of determination. 
 “Option Certificate” means, with respect to any Participant, the certificate pursuant to which an Option was granted to the
Participant. 
 “Option Notice” has the meaning set forth in Section 2.3. 
 “Option Shares” means, with respect to any Participant, (i) any shares of Common Stock issued by the Company upon
exercise of any Option by such Participant, and (ii) any shares of the capital stock of the Company issued in respect of any of the securities described in clause (i) above, by way of stock dividend, stock split, merger, consolidation,
reorganization or other recapitalization. 
 “Original Cost” means with respect to any Securities, the price
initially paid to acquire (whether pursuant to the exercise of a stock option or otherwise) such Securities, as adjusted for stock splits, stock dividends, recapitalizations, reverse stock splits or other subdivisions or combinations occurring after
the date such Securities are originally acquired. 
 “Participant” has the meaning set forth in the preamble.

 “Repurchase Notice” has the meaning set forth in Section 2.1. 
 “Securities Act” means the Securities Act of 1933, as amended. 
 “Securityholders Agreement” means that certain Amended and Restated Securityholders Agreement dated as of June 12,
2006, among the Company, Bear Stearns, FdG Capital

 
Associates LLC, Blackstone Mezzanine Partners L.P., Jeffrey Horowitz and Tom Tolworthy, and the other parties named therein, as amended from time to time in accordance with the terms thereof.

 “Termination Date” means, with respect to any Participant, the date of such Participant’s Termination.

 “Transfer” means any direct or indirect sale, transfer, assignment, pledge, encumbrance or other disposition
(whether with or without consideration and whether voluntarily or involuntarily or by operation of law) including any derivative transaction that has the effect of changing materially the economic benefits and risks of ownership. 
 4.2. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and
valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect
any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 
 4.3. Entire Agreement. Except as otherwise expressly set forth herein, this document, together with the Plan and the Option
Certificate, embodies the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersedes and preempts any prior understandings, agreements or representations by or among the parties, written or
oral, which may have related to the subject matter hereof in any way. 
 4.4. Successors and Assigns; Bear Stearns Holders as
Third Party Beneficiaries. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be enforceable by the Company and its successors and permitted assigns and the Participant and any subsequent holders of
Option Shares and the respective successors and permitted assigns of each of them, so long as they hold Option Shares. The Participant and the Company hereby acknowledge and agree that the provisions contained in Article II hereof shall inure to the
benefit of and be enforceable by Bear Stearns and its Affiliates, as a third party beneficiary under this Agreement. 
 4.5.
Counterparts. This Agreement may be executed in separate counterparts each of which shall be an original and all of which taken together shall constitute one and the same agreement. 
 4.6. Remedies. The Company shall be entitled to enforce its rights under this Agreement specifically, to recover damages by reason of
any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and
that the Company may in its sole discretion apply to any court of law or equity of competent jurisdiction for specific performance or injunctive relief (without posting a bond or other security) in order to enforce or prevent any violation of the
provisions of this Agreement. 

 4.7. Governing Law. THE GENERAL CORPORATION LAW OF THE STATE OF DELAWARE SHALL GOVERN
ALL QUESTIONS ARISING UNDER THIS AGREEMENT CONCERNING THE RELATIVE RIGHTS OF THE COMPANY AND THE PARTICIPANT. ALL OTHER QUESTIONS CONCERNING THE CONSTRUCTION, VALIDITY AND INTERPRETATION OF THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF
ANY JURISDICTION OTHER THAN THE STATE OF DELAWARE. 
 4.8. Descriptive Headings. The descriptive headings of this
Agreement are inserted for convenience only and do not constitute a part of this Agreement. 
 [END OF PAGE] 
 [SIGNATURE PAGES FOLLOW] 

 IN WITNESS WHEREOF, the Company has executed this Agreement on the day and year first above
written. 
  

					
	No. of Shares of Common Stock (and applicable Tranche):	 		 	___________________
	Aggregate Exercise Price Therefore:	 		 	___________________
			
	  	 		 	  
	Signature of Participant	 		 	Date
			
	  	 		 	  
	Print Participant’s Name	 		 	Participant’s Social Security No.
			
	Participant’s Residence Address:	 		 	Mailing Address, if different from Residence Address:
			
	  	 		 	  
	Street	 		 	Street
			
	  	 		 	  
	City                             State
                            Zip Code	 		 	City                             State
                            Zip Code

 Acknowledged Receipt of Notice as of _________________________. 
  

			
	VS PARENT, INC.
		
	By:	 	 
		 	 Name:
 Title:

 Annex III 
 FORM OF JOINDER TO THE PLAN 
 This Joinder (this
“Joinder”) is made as of the date written below by the undersigned (the “Joining Party”) in favor of and for the benefit of VS Parent, Inc. pursuant to the 2006 Stock Option Plan of VS Parent, Inc. (the
“Plan”). Capitalized terms used but not defined herein shall have the meanings given such terms in the Plan. 
 The Joining Party hereby acknowledges, agrees and confirms that, by his, her or its execution of this Joinder, the Joining Party will be deemed to be a party to the Plan and shall have all of the rights and obligations under such agreement
as a Participant as if he, she or it had executed the Plan. The Joining Party hereby ratifies, as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions contained in the Plan. 
 IN WITNESS WHEREOF, the undersigned has executed this Joinder as of the date written below. 
 Date: _____________ 
 Name:

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