Document:

Form of Award

 Exhibit 10.6 
 RESTRICTED STOCK UNIT AWARD AGREEMENT 
 Towers,
Perrin, Forster & Crosby, Inc. Restricted Stock Unit Plan 
 This RESTRICTED STOCK UNIT AWARD AGREEMENT (this
“Agreement”) is made as of this __ day of _____, 2009, between Towers, Perrin, Forster & Crosby, Inc., a Pennsylvania corporation (the “Company”), and ____________________ (the “Participant”), pursuant to the
terms of the Towers, Perrin, Forster & Crosby, Inc. Restricted Stock Unit Plan (the “Plan”). Capitalized terms that are used herein but are not defined shall have the meanings set forth in the Plan. 
 Section 1. RSU Award. 
 (a) Grant of RSUs. The Company hereby grants to the Participant, on the terms and conditions hereinafter set forth, an award of
[            ] restricted stock units (subject to adjustment pursuant to Section 4 hereof) of the Company (“RSUs”), each of which is a notional unit representing a
contingent right to receive a Transaction Award in the event of a Change in Control, as described more fully in Section 2(a) hereof. RSUs represent a contingent, unfunded and unsecured obligation of the Company. As a condition to receiving an
award of RSUs, the Participant shall execute and deliver this Agreement to the Company on or before November 30, 2009. In the event that the Participant fails to properly execute and deliver this Agreement to the Company by November 30,
2009, then as of such time all of the Participant’s rights with respect to the award of RSUs shall terminate and the entire award shall be deemed forfeited. 
 (b) Payment of RSUs. Upon a Change in Control, all RSUs awarded hereunder shall be converted into a Transaction Award in one or more of the following forms, as determined by the Board in its sole
discretion: (i) shares of restricted stock of the Parent Company, (ii) restricted stock units with respect to the stock of the Parent Company, (iii) cash or the deferred right to receive cash, (iv) a contingent right to receive
shares of stock of the Parent Company as described in Annex A to the Plan, or (v) other rights issued by the Parent Company, in each case subject to terms and conditions specified by the Board in its sole discretion and consistent with the
purpose of the Plan. The number of shares, units or other rights that comprise the Transaction Awards shall be determined based on the consideration received by shareholders of the Company in exchange for Company Stock in the Change in Control
transaction, as determined by the Board in its sole discretion. In the event that the Company becomes the Parent Company in connection with the applicable Change in Control, such shares of stock, units or other rights may include or be made with
respect to shares of Company Stock. In the event that that the Merger Agreement is consummated pursuant to its terms, the Transaction Awards will be in the form provided and based on the final exchange ratio applicable to the conversion of Company
common stock, as set forth in the Merger Agreement, subject to adjustment as set forth in the Merger Agreement and Section 4 hereof. 
 (c) Termination of RSUs. The Participant’s RSUs shall automatically expire upon the first to occur of (i) the date of termination of the Participant’s employment with the Company or
any of its subsidiaries for any reason and at any time prior to a Change in Control, (ii) the termination of the Merger Agreement pursuant to its terms, or (iii) the issuance of a Transaction Award to the Participant. 

 (d) Limitation of Rights. None of the RSUs held by the Participant may be directly or
indirectly sold, assigned, pledged, hypothecated, transferred or otherwise disposed of by the Participant, except that RSUs shall be exchanged for the Transaction Award upon or following a Change in Control. The Participant shall not have any
voting, dividend or other rights of a shareholder of the Company by virtue of holding RSUs. The award of RSUs hereunder shall not be deemed the grant of a property interest in any assets of the Company. The rights of the Participant to benefits
under the Plan shall be solely those of a contingent, general unsecured creditor of the Company. The award of RSUs hereunder shall not be construed as giving the Participant the right to continued employment with the Company or, in the event of a
Change in Control, the Parent Company or any of its subsidiaries. 
 Section 2. Transaction Award.

 (a) Terms of Transaction Award. The amount and terms of the Transaction Award to be received by the Participant shall
be specified in a Transaction Award Agreement. The Participant shall not be entitled to a Transaction Award or any portion thereof unless and until a Change in Control occurs and he or she executes and delivers to the Company a Transaction Award
Agreement and such additional documentation (which may include, among other things, a restrictive covenant agreement) as the Board may require in its sole discretion (collectively, the “Transaction Award Documents”). The Transaction Award
Agreement shall be effective as of the consummation of the underlying Change in Control, and all Transaction Award Documents may be in such form and include such provisions as the Board deems reasonably necessary or appropriate in its sole
discretion, including, without limitation, provisions relating to the vesting, transfer restrictions, forfeiture and payment of the Transaction Award. In addition, to the extent applicable, the Participant shall be required to acknowledge in the
Transaction Award Agreement that all Expiring Awards held by the Participant were terminated pursuant to their terms upon the Change in Control and/or have been cancelled and are of no further force or effect. In the event that the Participant fails
to properly execute and deliver the Transaction Award Documents in the manner requested by the Board by the earlier of (i) 60 days after the Change in Control to which the underlying Transaction Award relates and (ii) termination of the
Participant’s employment with the Parent Company and its Subsidiaries, then as of such time all of the Participant’s rights with respect to the Transaction Award shall terminate and the entire Transaction Award shall be deemed forfeited
pursuant to the forfeiture provisions set forth in the Transaction Award Agreement, as if such Participant voluntarily terminated his or her employment with the Parent Company and its Subsidiaries at such time. 
 (b) Vesting Restrictions. The Transaction Award to be received by the Participant upon settlement of his or her RSUs will generally
vest, subject to the continued employment of the Participant with the Parent Company or any of its subsidiaries, at a rate of one-third of the Transaction Award on each of the first three (3) anniversaries of the Change in Control or such other
date as determined by the Board in its sole discretion, subject to such exceptions and acceleration provisions as may, in the sole discretion of the Board, be set forth in the Transaction Award Agreement. 
  

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 (c) Withholding. The Transaction Award shall be paid to the Participant after
deduction of any applicable withholding taxes at the times and in the amounts required pursuant to applicable law as determined by the Board. In lieu of the foregoing, the Board may allow the Participant to pay the withholding taxes to the Company
in cash or such other form as approved by the Board. In the event that the Transaction Award is paid in the form of Parent Company securities, the foregoing determinations shall be made by the Parent Company Board. 
 Section 3. Section 280G Limitation (for U.S. taxpayers). If the Company’s independent accountants reasonably
believe that the value of the Transaction Award to be paid to the Participant pursuant to the RSUs issued under this Agreement, together with any other payments to or benefits of the Participant, would result in a loss of a deduction by the Company
pursuant to Section 280G of the Code, the Company shall reduce the number of shares of restricted stock or other rights to be issued pursuant to the Transaction Award to a level that the Company’s independent accountants believe will cause
the Transaction Award to be fully deductible by the Company for federal income tax purposes. In addition, the Participant agrees that the Participant is not entitled to receive from the Company any portion of the Transaction Award that is later
determined by the Internal Revenue Service not to be deductible by the Company pursuant to Section 280G of the Code, and the Participant will repay to the Company, within five (5) days after demand therefore by the Company, the amount
determined by the Company to be necessary to be repaid so that the portion of the Transaction Award retained by the Participant will be fully deductible by the Company for federal income tax purposes. In applying this principle, the reduction shall
be made in a manner consistent with the requirements of Section 409A of the Code, and where two economically equivalent amounts are subject to reduction but payable at different times, such amounts shall be reduced on a pro rata basis (but not
below zero). 
 Section 4. RSU Adjustment. In the event that a Change in Control results from the
consummation of the Merger Agreement, the number of shares of restricted Parent Company Stock that comprise the Transaction Award with respect to each RSU shall be increased or decreased, pro rata for each Participant based on the number of RSUs
that he or she holds, as necessary to ensure that the aggregate number of shares of restricted Parent Company Stock received by all Participants with respect to their RSUs equals (x) ten percent (10%) of the aggregate number of shares of
Parent Company Stock received by all Participants and holders of Company Stock in such transaction minus (y) the aggregate number of shares of Parent Company Stock to be received in such transaction by Dollar-Denominated Award Holders.

 Section 5. Construction. This Agreement and the award hereunder are granted by the Company pursuant to the
Plan and are in all respects subject to the terms and conditions of the Plan. The Participant hereby acknowledges that a copy of the Plan has been delivered to the Participant and accepts the RSUs hereunder subject to all terms and provisions of the
Plan, which are incorporated herein by reference. In the event of a conflict or ambiguity between any term or provision contained herein and a term or provision of the Plan, the Plan will govern and prevail. The construction of and decisions under
the Plan and this Agreement are vested in the Board, whose determinations shall be final, conclusive and binding upon the Participant. 
  

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 Section 6. Legend on Certificates. In the event that the Transaction
Award or any portion thereof is issued in the form of shares of stock or other securities of Parent Company, the Parent Company shall be entitled to legend any certificate representing such stock or securities to expressly condition any sale or
other transfer thereof upon compliance with applicable federal and state securities laws and regulations and compliance with transfer restrictions contained in the relevant Transaction Award Agreement. 
 Section 7. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original
but all of which together shall constitute one and the same instrument. 
 Section 8. Binding Effect. This
Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of the Participant and the successors of the Parent Company. 
 Section 9. Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties with respect
to the subject matter hereof and thereof, merging any and all prior agreements. 
 Section 10. Governing Law;
Venue; Waiver of Jury Trial. This Agreement and all rights and obligations of the parties hereunder shall be governed, construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania, without regard to the choice of law
provisions thereof. The parties agree to unconditionally and irrevocably submit to the exclusive jurisdiction of the U.S. federal and state courts of competent jurisdiction located in Philadelphia County, Pennsylvania and any appellate court from
any such court, for the resolution of any disputes, actions, suits or proceedings arising out of or relating to this Agreement, and agree not to commence any action, suit or proceeding relating thereto except in such courts. The parties hereby
irrevocably waive, to the fullest extent permitted by applicable laws, any objection which they may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of
such dispute. Each of the parties hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. EACH PARTY TO THIS AGREEMENT HEREBY WAIVES ANY RIGHT TO TRIAL
BY JURY IN ANY ACTION, MATTER OR PROCEEDING REGARDING THIS AGREEMENT OR ANY PROVISION HEREOF. 
  

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 IN WITNESS WHEREOF, the Company and the Participant have executed this Agreement effective
as of the date first above written. 
  

			
	TOWERS, PERRIN, FORSTER & CROSBY, INC.
		
	By:	 	 
		 	 Name:
 Title:

  

	
	PARTICIPANT
	
	 
	Signature of Participant
	
	 
	Print NameForm of Transaction Award

 Exhibit 10.7 
 TRANSACTION AWARD AGREEMENT1 
 This TRANSACTION AWARD AGREEMENT (this “Agreement”), made as of this ___ day of ____, 20__, between the Parent Company (as defined below) and __________________ (the
“Participant”), is made pursuant to the terms of the Merger Agreement (as defined below) in exchange for an outstanding award of restricted stock units (“RSUs”) issued to the Participant under the Towers, Perrin,
Forster & Crosby, Inc. Restricted Stock Unit Plan (the “Plan”). 
 WHEREAS, Towers, Perrin,
Forster & Crosby, Inc. (“Towers Perrin”) adopted the Plan to provide appropriate incentives to a designated, broad-based group of employees of Towers Perrin and to retain the services of such persons in the event of a
Change in Control. 
 WHEREAS, Towers Perrin and the Participant are parties to a Restricted Stock Unit Award Agreement issued
pursuant to the Plan (the “RSU Award Agreement”), pursuant to which the Participant has received an award of restricted stock units with respect to Towers Perrin Stock, payable in the form of a Transaction Award upon the closing of
a Change in Control. 
 WHEREAS, the Towers Watson Merger has been consummated, which constitutes a Change in Control for
purposes of the Plan, and pursuant to which the Parent Company is the surviving corporation and the ultimate parent corporation of the combined entities in the merger. 
 NOW, THEREFORE, in consideration of the mutual covenants and premises hereinafter set forth and for other good and valuable consideration, the parties hereto hereby covenant and agree as follows:

 Section 1. Definitions. 
  

	 	(a)	“Change in Control” means the closing of any merger, consolidation, or other business combination transaction of Towers Perrin with or into another
corporation, entity or person. Notwithstanding the foregoing, any such transaction will not be deemed to be a Change in Control for purposes of the Plan unless such transaction meets the requirements of Section 409A(a)(2)(A)(v) of the Code.

  

	 	(b)	“Class A Stock” means the Class A common stock, par value $0.01 per share, of the Parent Company. 

  

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

  

	 	(d)	“Dollar-Denominated Award Holders” mean employees of Towers Perrin and its subsidiaries who hold award letters from Towers Perrin entitling such
employees to receive, upon certain triggering events (including consummation of the transactions contemplated by the Merger Agreement), awards of additional 

  

	1	 This form of award agreement is based on Restricted Stock granted in the U.S. The form of award may be adjusted for awards in foreign jurisdictions.

	 	 
compensation, payable in the form of cash or restricted stock, in each case with a minimum value equal to the guaranteed dollar amount set forth in the underlying award letter provided to the
individual employee. 

  

	 	(e)	“Expiring Awards” mean, collectively, all outstanding (i) warrants and other rights of employees of Towers Perrin and its subsidiaries to purchase
shares of Towers Perrin Stock and (ii) award letters from Towers Perrin to certain of its and its subsidiaries’ employees, which entitle such employees to awards of additional compensation payable in cash or restricted stock units of
Towers Perrin, in the event that Towers Perrin completes an initial public offering by December 31, 2009. 

  

	 	(f)	“Parent Company” means Jupiter Saturn Holding Company (which is expected to be renamed “Towers Watson & Co.” upon closing of the
Towers Watson Merger), a Delaware corporation. 

  

	 	(g)	“Plan Participant” means an employee of Towers Perrin or any of its subsidiaries who has been granted a right to receive a restricted stock award, in
shares of Class A Stock, and, for the avoidance of doubt, shall include the Participant. 

  

	 	(h)	“Merger Agreement” means the Agreement and Plan of Merger among Watson Wyatt Worldwide, Inc., Towers Perrin, Parent Company, Jupiter Saturn
Pennsylvania Inc., and Jupiter Saturn Delaware Inc., dated as of June 26, 2009, as the same may be amended from time to time in accordance with its terms. 

  

	 	(i)	“Parent Board” means the Board of Directors of the Parent Company. 

  

	 	(j)	“Towers Perrin Stock” means the common stock of Towers, Perrin, Forster & Crosby, Inc. par value $0.50 per share. 

  

	 	(k)	“Towers Watson Merger” means, collectively, the “Towers Perrin Merger” and the “Watson Wyatt Merger”, each as defined in the Merger
Agreement. 

  

	 	(l)	“Transaction Award” means, with respect to any Plan Participant, the award provided to such Plan Participant upon settlement of his or her RSU Award
Agreement pursuant to the Merger Agreement, as described more fully in Section 2 hereof. 

 Section 2. Transaction Award. The Parent Company hereby grants to the Participant, effective as of the date first set forth above (the “Date of Grant”), on the terms and conditions set forth in this
Agreement, a restricted stock award of [        ] shares (the “Restricted Shares”) of restricted Class A Stock. The Participant has received this Transaction Award as full payment
under the RSU Award Agreement, and the Participant acknowledges and agrees that no other benefits shall accrue and no other payments shall be made to the Participant with respect to the RSU Award Agreement. As a condition to receiving this
Transaction Award, the Participant shall execute and deliver this Agreement to the Parent Company by the earlier of (i) 60 days after the Date of Grant and (ii) termination of the Participant’s employment with the Parent Company and
its subsidiaries. 
  

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 In the event that the Participant fails to properly execute and deliver this Agreement to
the Parent Company by such time, then as of such time all of the Participant’s rights with respect to this Transaction Award shall terminate and the entire Transaction Award shall be deemed forfeited as described in Section 4(a) hereof, as
if the Participant voluntarily terminated his or her employment with the Parent Company and its subsidiaries at such time. 
 Section 3. Vesting of Award. Subject to the provisions of Section 4 hereof, the Restricted Shares shall become vested and nonforfeitable with respect to one-third of such shares on each of the first three
(3) anniversaries of ____ __, 20__, which is the closing date of the Towers Watson Merger (the “Closing Date”), subject to the condition that the Participant remains employed by the Parent Company or any of its subsidiaries on
each such date. In the case of any fractional share resulting from vesting of Restricted Shares in accordance with this Section 3 or Section 4, the Participant shall, in lieu of such fractional share, receive a cash payment in an amount to
be determined under Section 2.5(e) of the Merger Agreement. 
 Section 4. Termination of Employment, Death
or Disability. 
 (a) General. If the Participant’s employment with the Parent Company or any of its
subsidiaries is terminated, all of the Restricted Shares that have not yet become vested in accordance with Section 3 hereof (the “Unvested Shares”) as of the date of such termination shall be, subject to the provisions of
Sections 4(b), 4(c) and 4(d) hereof, automatically forfeited upon such termination. 
 (b) Death. If the Participant
dies all of the Participant’s Unvested Shares will automatically become fully vested and nonforfeitable. 
 (c)
Disability. If the Participant’s employment with the Parent Company or any of its subsidiaries is deemed to be terminated by reason of the Participant’s Disability, all of the Participant’s Unvested Shares will automatically
become fully vested and nonforfeitable. For purposes of this Agreement, the Participant’s employment shall be deemed to be terminated by reason of the Participant’s Disability when the Participant begins receiving benefits under the terms
of the long term disability plan maintained by the Parent Company or any of its subsidiaries. 
 (d) Termination Without
Cause. Notwithstanding the foregoing provisions of this Section 4, (i) in the event that the Participant’s employment is terminated without Cause (as defined in Section 4(e) hereof) by the Parent Company or any of its
subsidiaries prior to the first anniversary of the Closing Date, upon such termination one-third of the Restricted Shares will be forfeited and the remaining Restricted Shares held by the Participant will automatically become fully vested and
nonforfeitable, and (ii) in the event that the Participant’s employment is terminated without Cause by the Parent Company or any of its subsidiaries on or after the first anniversary of Closing Date but on or before the third anniversary
of such event, none of the Restricted Shares will be forfeited, and all such shares will automatically become fully vested and nonforfeitable upon such termination; provided, however, that this Section 4(d) shall not apply to the
voluntary termination by the Participant of his or her employment with, or the termination of the Participant’s employment for Cause by, the Parent Company or any of its subsidiaries. 
  

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 [Alternative paragraph (d) for Dollar-Denominated Award Holders]. [Notwithstanding the foregoing
provisions of this Section 4, in the event that the Participant’s employment is terminated without Cause (as defined in Section 4(e) hereof) by the Parent Company or any of its subsidiaries, none of the Restricted Shares then held by
the Participant will be forfeited, and all such Restricted Shares will automatically become fully vested and nonforfeitable upon such termination.] 
 (e) Definition of Cause. The term “Cause” shall mean, with respect to the Participant, any of the following, provided, that such definition shall not in any manner change or modify
the terms of employment of the Participant, restrict or impede the ability of the Parent Company or any of its Subsidiaries (as defined in the Merger Agreement) to terminate the employment of the Participant, or confer any rights (other than the
vesting of shares as set forth herein) upon the Participant with respect to the termination of his or her employment with the Parent Company or any of its Subsidiaries: 
 (i) The Participant’s commission of theft, embezzlement, any other act of material dishonesty relating to his or her
employment with the Parent Company or any of its Subsidiaries, or any material violation of any law applicable to the Parent Company or any Subsidiary at which the Participant was employed at the time of such violation; 
 (ii) The Participant’s conviction of, or pleading guilty or nolo contendere to, a felony or to any lesser crime
having as its predicate element fraud, dishonesty, misappropriation or moral turpitude; 
 (iii) The
Participant’s commission of an act or acts in the performance of his or her duties amounting to willful misconduct; or 
 (iv) The Participant’s material breach of a material written policy of the Parent Company or any of its Subsidiaries at which he or she was employed at the time of such breach, and failure to cure
such breach within thirty (30) days after receiving written notice thereof from the Parent Company; provided, that such breach is of the type that would normally be viewed as a breach that could be cured by the employee. 
 Section 5. RSU Adjustment. The number of shares of Class A Stock that comprise the Transaction Award with respect to
each RSU has been increased or decreased, pro rata for each Plan Participant based on the number of RSUs that he or she held, as necessary to ensure that the aggregate number of shares of Class A Stock received by all Plan Participants with
respect to their RSUs equals (x) ten percent (10%) of the aggregate number of shares of voting common stock of the Parent Company received by all Plan Participants and holders of Towers Perrin Stock in the Towers Watson Merger minus
(y) the aggregate number of shares of Parent Company stock to be received in the Towers Watson Merger by the Dollar-Denominated Award Holders. 
 Section 6. Rights as a Stockholder; Dividends. Subject to the otherwise applicable provisions of this Agreement, the Participant will have all rights of a stockholder with respect to
the Restricted Shares both prior to and following vesting, including the right to vote the Restricted Shares and receive all dividends and other distributions paid or made with respect thereto (subject to tax withholding requirements to the extent
provided in Section 12 hereof). 
  

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 Notwithstanding the foregoing, any cash or in-kind dividends or dividends of other property
paid with respect to any Unvested Shares shall be deposited with the Parent Company and shall be subject to the same restrictions on transferability and forfeitability as the Unvested Shares with respect to which they were paid. Any such dividends
shall be paid to the Participant, without interest, only if such Unvested Shares become vested and shall be paid no later than 10 days following the date on which the applicable Restricted Shares become vested; provided, that in the event of
a rights offering in which the shares of Class A Stock are entitled to participate, the Participant shall be entitled to subscribe for and purchase any securities made available in such rights offering with respect to all Restricted Shares,
whether or not such Restricted Shares are vested. 
 Section 7. Restrictions on Transfer. Neither this
Agreement nor any of the Restricted Shares may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, otherwise than to the Parent Company, unless as of the date of any such sale, assignment, transfer, encumbrance,
hypothecation or pledge, such Restricted Shares to be thus disposed of have become vested in accordance with Section 3 hereof. The Restricted Shares delivered pursuant to this Agreement may, in the sole discretion of the Parent Board, be in
book-entry form or in certificates registered in the Participant’s name. If the Parent Company delivers certificates, such certificates will bear a legend to give appropriate notice of the nontransferability or assignability of such shares
pursuant to this Section. A stop-transfer order against the Restricted Shares (whether issued in certificated or book-entry form) will be placed by the Parent Company with its transfer agents and registrars for so long as such Restricted Shares
remain subject to the restrictions contained herein. 
 Section 8. Termination of Expiring Awards. As a
condition to the receipt of the Restricted Shares, the Participant acknowledges that any Expiring Awards held by the Participant shall have terminated pursuant to their terms upon the Closing Date and/or are hereby cancelled and of no further force
or effect. 
 Section 9. Investment Representation. The Participant hereby represents and warrants, and by
virtue of such acquisition shall be deemed to represent and warrant, to the Parent Company that the Restricted Shares shall be acquired for investment and not with a view to the distribution thereof, and not with any present intention of
distributing the same, and the Participant shall provide the Parent Company with such further representations and warranties as the Parent Company may require in order to ensure compliance with applicable federal and state securities, blue sky and
other laws. No Restricted Shares shall be acquired unless and until the Parent Company and/or the Participant shall have complied with all applicable federal or state registration, listing and/or qualification requirements and all other requirements
of law or of any regulatory agencies having jurisdiction, unless the Parent Board has received evidence satisfactory to it that the Participant may acquire such shares pursuant to an exemption from registration under the applicable securities laws.
Any determination in this connection by the Parent Board shall be final, binding and conclusive. The Parent Company reserves the right to legend any certificate for shares of Class A Stock, conditioning sales of such shares upon compliance with
applicable federal and state securities laws and regulations. 
  

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 Section 10. Adjustments. In the event of a dividend, distribution,
merger, stock split, reverse stock split, recapitalization, reorganization, consolidation or other change or event affecting or related to the Class A Stock, if the Parent Board shall determine that such change equitably requires an adjustment
or adjustments in the number or kind of shares of restricted Class A Stock subject to this Agreement, such adjustments shall be made by the Parent Board in its sole discretion and shall be conclusive and binding for all purposes. 
 Section 11. No Right of Continued Employment. Nothing in this Agreement shall confer upon the Participant any right to
continue as an employee of the Parent Company or to interfere in any way with any right of the Parent Company to terminate the Participant’s employment at any time. 
 Section 12. Section 83(b) Election (for U.S. employees only2); Tax Withholding. 
 (a) The Participant may make an election under Section 83(b) of the Code with respect to the Restricted Shares by filing a copy of such
election with the Parent Company within 30 days of the Date of Grant. If the Participant makes an election under Section 83(b) of the Code, the grant of Restricted Shares shall be conditioned upon the prompt payment by the Participant to the
Parent Company of an amount in cash equal to the applicable federal, state and local income taxes and other amounts required by law to be withheld (the “Withholding Taxes”) in connection with such election. The Participant shall not
be entitled to make an election under Section 83(b) of the Code if the amount required to be withheld is not to be paid in cash. If the Participant does not make an election under Section 83(b) of the Code with respect to the grant of
Restricted Shares, the Participant shall pay to the Parent Company the Withholding Taxes with respect to the Restricted Shares, upon the lapse of the vesting restrictions and, with respect to any accrued dividends, upon the payment of such
dividends. The lapse of such vesting restrictions and the payment of such dividends or distributions shall be conditioned upon the prior payment of the applicable Withholding Taxes by the Participant.
 (b) The Parent Company shall be entitled to withhold on any amount payable pursuant to the RSU Award Agreement, this Agreement or any other
document relating to the grant or issuance of RSUs or the Restricted Shares, as required by any applicable law. Unless agreed by the Participant and the Parent Company prior to vesting, the Parent Company will retain a sufficient number
of shares to satisfy the Withholding Taxes at the applicable supplemental withholding rates. For purposes of the Withholding Taxes, (i) if the vesting date is a business day, the Restricted Shares shall be valued at the closing price of
the shares on the principal securities exchange on which such shares are traded on such vesting day, and (ii) if the vesting date is not a business day, the Restricted Shares shall be valued at the closing price on the first preceding business
day. Subject to the limitations of applicable law, the Participant hereby also consents, to the extent necessary, to the collection of the Withholding Taxes by the Parent Company from the Participant’s regular paychecks.
  

	2	 The Section 83(b) election is for U.S. employees only, regardless of location, including U.S. citizens working abroad for non-U.S. entities. There
may be comparable filings in foreign jurisdictions. 

  

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 Section 13. Non-Disclosure and Non-Solicitation [U.S. only and select
Non-U.S. jurisdictions]. Notwithstanding any other provision in this Agreement to the contrary, as a condition precedent to receiving this Transaction Award, the Participant agrees to execute and deliver a Non-Disclosure and Non-Solicitation
Agreement to the Parent Company, in the form attached hereto as Exhibit A, within the time period specified therein. If the Participant fails to execute and deliver such agreement, the Participant agrees that the Participant shall not be entitled to
receive the Transaction Award provided under this Agreement. 
 Section 14. Notices. Any notice hereunder by
the Participant shall be given to the Parent Company in writing and such notice shall be deemed duly given only upon receipt thereof by the [General Counsel] of the Parent Company. Any notice hereunder by the Parent Company shall be given to the
Participant in writing and such notice shall be deemed duly given only upon receipt thereof at such address as the Participant may have on file with the Parent Company at the time of such Notice. 
 Section 15. Construction. This Agreement is entered into, and the Restricted Shares hereunder are granted by the Parent
Company, pursuant to the Merger Agreement. A copy of the Merger Agreement can be obtained from the Corporate Secretary of the Parent Company or is available online at [            ].
The Participant accepts the Restricted Shares hereunder subject to all terms and provisions of the Merger Agreement, which is incorporated herein by reference. In the event of a conflict or ambiguity between any term or provision contained herein
and a term or provision of the Merger Agreement, the Merger Agreement will govern and prevail, and any such conflicting provisions of such this Agreement shall automatically be deemed amended accordingly. The construction of and decisions under the
Merger Agreement and this Agreement are vested in the Parent Board, whose determinations shall be final, conclusive and binding upon the Participant. Without limiting the generality of the foregoing, as long as the Merger Agreement is in effect, no
Transaction Award shall be granted in a manner that is inconsistent with the terms of the Merger Agreement, including, without limitation, requirements as to vesting and forfeiture of Transaction Awards. 
 Section 16. Administration. The Parent Board shall have full authority to (i) interpret and construe all provisions
of this Agreement and (ii) resolve all questions of fact arising under this Agreement. Decisions of the Parent Board shall be final and binding on the Participant. No member of the Parent Board shall have any liability for any action taken or
determination made in good faith under this Agreement. The Parent Board, in its sole discretion, and on such terms and conditions as it may provide, may delegate all or any part of its authority and powers under this Agreement to the Parent
Company’s chief executive officer, to a committee of officers of the Parent Company or to a committee of the Parent Board. 
 Section 17. Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, excluding the choice of law rules thereof. The parties agree to unconditionally and
irrevocably submit to the exclusive jurisdiction of the U.S. federal and state courts of competent jurisdiction located in the State of Delaware and any appellate court from any such court, for the resolution of any disputes, actions, suits or
proceedings arising out of or relating to this Agreement, and agree not to commence any action, suit or proceeding relating thereto except in such courts. The parties hereby irrevocably waive, to the fullest extent permitted by applicable laws, any
objection which they may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of such dispute. Each of the parties hereto agrees that a judgment in any such
dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

  

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EACH PARTY TO THIS AGREEMENT HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, MATTER OR PROCEEDING REGARDING THIS AGREEMENT OR ANY PROVISION HEREOF. 
 Section 18. Amendment. This Agreement may not be amended, modified or supplemented in any manner, wither by course of
conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of the Parent Company and the Participant 
 Section 19. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same
instrument. 
 Section 20. Binding Effect. This Agreement shall be binding upon and inure to the benefit of
the legatees, distributees, and personal representatives of the Participant and the successors of the Parent Company. 
 Section 21. Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and thereof, merging any and all prior agreements. 
 [SIGNATURES ON FOLLOWING PAGE] 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement effective as of the date first above
written. 
  

					
	TOWERS WATSON & CO.	 	
			
	By:	 	 	 	
		 		 	

  

			
	[PARTICIPANT]	 	
		
	  	 	 
	Signature of [PARTICIPANT]	 	

  

			
		
	  	 	 
	Print Name	 	

  

 9

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