Document:

exh41commonsharecertific

INCORPORATED UNDER THE LAWS OF THE PROVINCE OF ALBERTA   SEE REVERSE FOR CERTAIN DEFINITIONS   transferable on the books of the Corporation only upon surrender of this certificate properly endorsed.   This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Corporation.   IN WITNESS WHEREOF the Corporation has caused this certificate to be signed on its behalf by the facsimile signatures of its duly   authorized officers.   C0000000230  | M   **SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157   K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TES   CO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*   ******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****S   PECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10   100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*   CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION****   ***zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPEC   IMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100   000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*COR   PORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******zero****SPECIMEN88157K10100000000TESCO*CORPORATION*******   SPECIMEN   **088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*COR   PORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157   K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION   *******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K1010000   0000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******z   ero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESC   O*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****0   88157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPOR   ATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10   100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION*******zero****088157K10100000000TESCO*CORPORATION***   * * * 0 * * *   Feb 19, 2015   00000000   Number Shares   FULLY PAID AND NON-ASSESSABLE COMMON SHARES WITHOUT PAR VALUE IN THE CAPITAL OF   IS THE REGISTERED HOLDER OF   THIS CERTIFIES THAT   Dated:   The shares represented by this certificate are transferable at the offices of Computershare Trust Company of Canada in Calgary, AB and Toronto, ON and Computershare Trust Company, N.A in Canton, MA, Jersey City, NJ and   College Station, TX.   TESCO CORPORATION   COUNTERSIGNED AND REGISTERED   COMPUTERSHARE TRUST COMPANY, N.A.   (CANTON, MA, JERSEY CITY, NJ AND COLLEGE   STATION, TX)   TRANSFER AGENT AND REGISTRAR   COUNTERSIGNED AND REGISTERED   COMPUTERSHARE TRUST COMPANY OF CANADA   (CALGARY) (TORONTO)   TRANSFER AGENT AND REGISTRAROR   By _____________________________   Authorized Officer   By ____________________________   Authorized Officer   President and Chief Executive Officer   Sr. Vice President, General Counsel and   Corporate Secretary   * * * * 0 * * * * * * * * *   * * * * * 0 * * * * * * * *   * * * * * * 0 * * * * * * *   * * * * * * * 0 * * * * * *   * * * * * * * * 0 * * * * *   CUSIP 88157K101   ISIN CA88157K1012   TESCO CORPORATION   CSAE_WIP_TEOQ_C05.mtl.pulls/000001/000001/   iExh 10.18 Short Term Incentive Plan 2015

Exhibit 10.18 

TESCO CORPORATION
2015 SHORT TERM INCENTIVE PROGRAM

The Tesco Corporation Short Term Incentive Program (“STIP”) is a compensation program designed to motivate participating employees of TESCO and its affiliates to work as a team to accomplish the overall profitability goals of TESCO, as well as provide incentive to each individual to meet his or her business objectives.

The STIP is approved by the Board of Directors of TESCO and is reviewed annually and may be modified or discontinued in the sole discretion of the Board of Directors. The STIP for calendar year 2015 has been approved by the Board of Directors as set forth below.  The parameters set for the Executive Management Team (the executive officers of Tesco Corporation, the parent corporation), are approved by, and can only be modified by, the Board of Directors. The program parameters for all other employee participants are proposed as general guidelines for management to implement but that may be modified as management deems appropriate. It is the expectation of the Board of Directors that management will use proper judgment to write goals for individuals within the spirit of these parameters, but consistent with the emphasis that management wishes to put on each employee:

Plan Parameters

In order to reward employees for individual performance, and taking into account Company financial objectives, the STIP is structured with three (3) specific areas to measure performance:

		
	•
	Plan Objectives (50%): Two metrics that collectively represent 50% of the total STIP target. These are composed of a Quality and HSE performance metric (10%) and a key financial metric (40%).  Both metrics are based to the 2015 Financial Plan. 

		
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	Sequential Objectives (25%): One key financial metric that represents 25% of the total STIP target, that is based on Year-on-Year performance against 2014 Actual financial performance. 

		
	•
	Strategic Objectives (25%): One key financial metric that represents 25% of the total STIP target, that is based on performance against TESCO’s Strategic Plan.

Members of the Executive Management Team and certain Vice Presidents of the subsidiaries (Levels 6 and 5) have the ability to earn up to a 2.0 factor on each individual objective. Each Objective will have an entry point (“Entry”), a Target, and a maximum payout point (“Max”). Entry  is a 25% payout with a linear progression to Target, which provides a 100% payout.  From Target, there is a linear progression to Max, which results in a 200% payout on that objective.

Directors of the TESCO organization (Level 4) have the ability to earn up to a 1.5 factor on each individual objective. Each Objective will have an Entry, a Target, and a Max. Entry is a 25% payout with linear progression to Target, which provides a 100% payout.  From target, there is a linear progression to Max, which results in a 150% payout on that objective.

Objectives and Payout:

		
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	In the event that TESCO records negative Net Income for the year ending December 31, 2015, there will be no payments under the plan.

		
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	Calculations are based on employee’s aggregate base salary earned during the program year.

		
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	The Board of Directors will approve the payouts of each member of the EMT that are a Level 6 Named Executive Officer, and review and approve the remaining STIP participant payouts as a group. 

		
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	The incentive payout will be made in the payroll currency of the plan participant.

		
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	Payout is made no later than March 15 of the following year. 

		
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	STIP payouts are based on audited financial results. 

Employment Status

		
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	Employees entering the plan during the year will have their STIP payout calculated using their aggregate base salary earned while in the plan.

		
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	Employees terminated or resigning at any time prior to December 31, 2014 will not receive any payment under the STIP.

		
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	Employees terminated or resigning from the Company after December 31, 2014, but before the payout date, will receive their payout in accordance with the STIP at the same time as other recipients.

		
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	The Company reserves the right to modify responsibilities and positions as may be required from time to time. Such modifications may result in the future ineligibility of an employee for participation in the STIP. In such cases, any earned incentive will be calculated using their aggregate base salary earned while in the plan.

		
	•
	Situations not covered above will be resolved by the President and Chief Executive Officer, whose determination shall be final.

Death, Disability and Retirement

		
	•
	If an employee’s employment status changes due to death, disability or retirement (at normal retirement age) his or her STIP payment will be calculated using their aggregate base salary earned while in the plan.EX-10.1

 Exhibit 10.1 

AMENDMENT TO 
 DIRECTOR
NOMINATION AGREEMENT 
 March 23, 2015 

This Amendment, dated March 23, 2015 (the “Amendment”), to the Director Nomination Agreement, dated as of November 26, 2014 (the
“Original Agreement” and, as amended, this “Agreement”), is by and among Barington Companies Equity Partners, L.P., a Delaware limited partnership (“BCEP”), Barington Companies Investors,
LLC, as investment advisor to certain investment accounts (“BCI,” and, together with BCEP and its Affiliates, “Barington”), Ancora Advisors, LLC (“Ancora,” and, together with Barington, the
“Barington Group”), James A. Mitarotonda, Joseph R. Wright, Jr. and George W. Hebard III (Messrs. Mitarotonda, Wright and Hebard are referred to collectively as the “New Nominees” and each as a “New
Nominee”) and Ebix, Inc., a Delaware corporation (the “Company”) (collectively, the “Parties”). Capitalized terms used in this Amendment and not defined herein shall have the meanings ascribed thereto in
the Original Agreement. 
 WHEREAS, pursuant to the Original Agreement, Messrs. Mitarotonda and Wright were nominated for election to the
Board and were elected to the Board at the 2014 Annual Meeting; 
 WHEREAS, Mr. Mitarotonda has expressed a desire to devote his
attention to other investments and cease to be a member of the Board, and has expressed his confidence in the Company’s Board and management team; and 

WHEREAS, the Barington Group acknowledges that the Agreement does not provide for replacing Mr. Mitarotonda on the Board under the
current circumstances but nevertheless has expressed a desire to replace Mr. Mitarotonda with Mr. Hebard. 
 NOW, THEREFORE, the
Parties agree to amend the Original Agreement as follows: 
  

	1.	Upon execution of this Amendment, Mr. Hebard shall be considered a “New Nominee” for all purposes under the Agreement and shall be appointed to the Board effective immediately upon the resignation
of Mr. Mitarotonda. Prior to the execution of this Amendment, Mr. Hebard has completed and submitted to the Company a director and officer questionnaire (in the same form as completed by the other New Nominees). Mr. Mitarotonda hereby
submits his resignation from the Board effective immediately upon execution of this amendment and simultaneous appointment to the Board of Mr. Hebard. Mr. Mitarotonda shall continue to be bound by his obligations under the Agreement, but
shall have no right to be nominated as a director of the Company following the execution of this Amendment and the effectiveness of his resignation. 

  

	2.	 For purposes of this Agreement, the “Standstill Period” means the period from the date of the Original Agreement until 90 days prior
to the date of the annual meeting of stockholders of the Company to be held in 2015 (the “2015 Annual Meeting”) or, if earlier, 10 days prior to any advance notice deadline for making director nominations at the 2015 Annual Meeting;
provided, that the Standstill Period will be extended each year through the annual meeting of stockholders of the Company to be held in 2018 for so long as the Company recommends (or has notified Barington in writing of its commitment to
recommend) that its stockholders vote for the re-election of the New 

	 	
Nominees at the next annual meeting of stockholders (regardless of whether the New Nominees agree to stand for re-election) and supports the New Nominees for election in no less rigorously and
favorably a manner than it supports all of its other nominees. 

  

	3.	Each Party represents and warrants to each other Party that: 

  

	 	(a)	Such party has all requisite company and other power and authority to execute and deliver this Amendment and to perform its obligations under the Agreement. 

 

	 	(b)	This Amendment has been duly and validly authorized, executed and delivered by it and the Agreement is a valid and binding obligation of such party, enforceable against such party in accordance with its terms.

  

	 	(c)	This Amendment will not result in a violation of any terms or conditions of any agreements to which such person is a party or by which such party may otherwise be bound or of any law, rule, license, regulation,
judgment, order or decree governing or affecting such party. 

  

	4.	The Barington Group and Mr. Hebard each represents and warrants to the Company that Mr. Hebard is not and will not become a party to any agreement, arrangement or understanding with Barington or any other
person other than the Company with respect to any direct or indirect compensation, reimbursement or indemnification in connection with service or action as a director of the Company. 

 

	5.	Other than as amended by this Amendment, the terms of the Original Agreement remain in full force and effect. 

*** 

  
 2 

 IN WITNESS WHEREOF, each Party has executed this Amendment or caused the same to be executed by
its duly authorized representative as of the date first above written. 
  

					
	EBIX, INC.
		
	By:		 /s/ Robin Raina

			Name:		Robin Raina
			Title:		Chairman and CEO
	
	BARINGTON COMPANIES EQUITY PARTNERS, L.P.
		
	By:		Barington Companies Investors, LLC,
	Its:		General Partner
		
	By:		 /s/ James A. Mitarotonda

			Name:		James A. Mitarotonda
			Title:		Managing Member
	
	BARINGTON COMPANIES INVESTORS, LLC, as investment advisor
		
	By:		 /s/ James A. Mitarotonda

			Name:		James A. Mitarotonda
			Title:		Managing Member
	
	JAMES A. MITAROTONDA
	
	 /s/ James A. Mitarotonda

	
	JOSEPH R. WRIGHT, JR.
	
	 /s/ Joseph R. Wright, Jr.

 
					
	GEORGE W. HEBARD III
	
	 /s/ George W. Hebard III

	
	ANCORA ADVISORS, LLC
		
	By:		 /s/ Brian R. Hopkins

			Name:		Brian R. Hopkins
			Title:		Managing Directors

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