Document:

exhibit101910k2016

 4839-4939-2178.12  ADIENT PLC  COMPENSATION SUMMARY AND OWNERSHIP GUIDELINES FOR NON-EMPLOYEE DIRECTORS  Compensation for non-employee members of the Board of Directors (the “Board”) of Adient plc (the “Company”), effective as of October 1, 2016, consists of the payment of:  (i) a retainer at the annual rate of USD $290,000 to each non-employee director in the form of USD $145,000 in cash (the “Cash Retainer Amount”) and USD $145,000 in ordinary shares of the Company (the “Share Retainer Amount”),  (ii) a Committee Chair fee at the annual rate of USD $10,000 in cash to each non- employee chair and successor chair for the Audit, Corporate Governance, and Compensation Committees of the Board (the “Committee Chair Fee”), and  (iii) a Lead Director fee at the annual rate of USD $30,000 in cash to a non-employee lead director and successor lead director (the “Lead Director Fee”), provided that the non- employee lead director shall not also receive a Committee Chair Fee as described above.  Payment of the Share Retainer Amount. Beginning with the Company’s annual shareholders meeting in 2017, the Company will issue ordinary shares for the Share Retainer Amount on (or as soon as practicable following) the date of each annual shareholders meeting to each non-employee director then in office, subject to the following:    •   If a director is retiring from the Board as of the date of such annual shareholders meeting, then the director will not be entitled to receive any ordinary shares for the Share Retainer Amount.   If as of the date of such annual shareholders meeting a director has announced his or her intention to retire from the Board prior to the next annual shareholders meeting, then, rather than receiving the full Share Retainer Amount, the director will receive  ordinary shares with an aggregate value of (x) the number of days between the annual shareholders meeting and the intended effective date of the director’s retirement divided by (y) 365, multiplied by the Share Retainer Amount, representing payment for the period of the director’s service from the annual shareholders meeting until the intended effective date of the director’s retirement.    •   If a director is appointed as a director  between annual shareholders meetings, then, in addition to the ordinary shares for the full Share Retainer Amount paid at the first annual shareholders meeting following the director’s appointment, the director will be entitled to receive additional ordinary shares upon the effective date of the director’s appointment with an aggregate value equal to (x) the number of days in the period from the effective date of the director’s appointment or election to the Board through the such first annual shareholders meeting divided by (y) 365, multiplied by the Share Retainer Amount, representing payment for the period of the director’s service from the director’s appointment as a director until such annual shareholders meeting.   The ordinary shares shall be issued under the Adient plc 2016 Director Share Plan, as in effect from time to time.  

 

 2 4839-4939-2178.12 Payment of the Cash Retainer Amount and the Committee Chair Fee or Lead Director Fee. The Company will pay the Cash Retainer Amount and the Committee Chair Fee or Lead Director Fee in the form of a quarterly payment in arrears for a quarter, as soon as practicable after the last day of such quarter, to each director in office on the last day of such quarter.  If a director served in the relevant position for the entire quarter, then the quarterly cash payment shall equal USD $36,250 for the Cash Retainer Amount, USD $2,500 for the Committee Chair Fee and USD $7,500 for the Lead Director Fee, as applicable. If a director is either elected or appointed to the Board or is appointed as a Committee Chair (or successor to a Committee Chair) or Lead Director (or successor to a Lead Director) at any time during the fiscal year after the first business day of a quarter, then such director will receive at the regularly scheduled payment date for the quarter in which such election or appointment is effective, a prorated amount of the Cash Retainer Amount and/or any Committee Chair Fee or Lead Director Fee with such amount to be determined in the manner set forth below, as applicable:    •   Cash Retainer Amount: The non-employee director shall receive a cash amount equal to (x) the number of days from the effective date of the appointment or election to the last day of the quarter divided by (y) 90, multiplied by USD $36,250; and    •   Committee Chair or Lead Director Fee: The non-employee director shall receive a cash amount equal to (x) the number of days from the effective date of the appointment or election to the last day of the quarter divided by (y) 90, multiplied by USD $2,500 for a Committee Chair or USD $7,500 for the Lead Director.  The Company will not pay any fees for attendance at meetings of the Board or any committee.  The Company will also reimburse non-employee directors for any reasonable expenses related to their service on the Board.  Ownership of Company Ordinary Shares. All non-employee directors are required to hold an amount of Company ordinary shares equal to five times the Cash Retainer Amount within five years of being elected or appointed to the Board.EX-10.9

 Exhibit 10.9 
  

 
 OFFICER’S PERFORMANCE COMPENSATION PLAN 

FISCAL YEAR 2017 
 LEVEL 6

  

	I	PURPOSE 

 The purpose of this Plan is to define a mechanism for stimulating and rewarding
the achievement of aggressive business goals, as agreed to by the Board of Directors. 
  

	II	SCOPE 

 This Plan includes operating officers of the Company. 

 

	III	GOALS 

  

	 	1.	To provide an objective means of stimulating and rewarding performance based upon meeting specific business achievement levels. 

  

	 	2.	To provide a mechanism for rewarding individual performance based upon his/her contribution to the attainment of those achievement levels. 

 

	IV	ELIGIBILITY REQUIREMENTS 

  

	 	1.	Employees hired after March 31, 2017 may not be eligible to receive a bonus. 

  

	 	2.	Employees hired after October 1, 2016 but before March 31, 2017 are eligible for a pro-rated bonus. 

  

	 	3.	Employees who terminate before September 30, 2017 are normally ineligible. Also, employees must be an active employee on the date the bonus checks are distributed. 

	V	OFFICER BONUS COMPENSATION RECOMMENDATION FISCAL YEAR 2017 

 FY 2017 Published Net
Earnings Guidance Range – Diluted EPS of $****** 
  

					
	 Corporate

Achievement

Level
	  	 FY2017

Company Net
 Earnings

(000)
	 	 Approximate

Per Share Net

Earnings*

	 1
	  	$***	 	***
	 2
	  	$***	 	***
	 3
	  	$***	 	***
	 4
	  	$***	 	***
	 5
	  	$***	 	***
	 6
	  	$***	 	***

  

	*	Note: Per share net earnings are calculated based upon 42,600,000 shares outstanding. 

  

	VI	BONUS CALCULATIONS 

 A. Potential Payout 

 

							
	 Corporate

Achievement

Level
	  	 FY2017

Company
 Net Earnings

(000)
	 	 Approximate

Per Share Net

Earnings*
	 	 Officers

Payout (A)

(% of Base Salary)

	 1
	  	$***	 	***	 	10%
	 2
	  	$***	 	***	 	20%
	 3
	  	$***	 	***	 	30%
	 4
	  	$***	 	***	 	40%
	 5
	  	$***	 	***	 	50%
	 6
	  	$***	 	***	 	60%

 B. Personal Achievement** 

 
  

			
	 Rating
	  	 Multiplier(B)

	1	  	0.0x
	2	  	0.75x
	3	  	1.0x
	4	  	1.25x
	5	  	1.5x
	6	  	2.0x

 C. Calculation 

Base Salary x Corporate Achievement Level % (A) x Personal Achievement Multiplier (B). 

Item A excludes the positive and negative effects associated with extraordinary developments as disclosed in the Company’s Form 10-K. In
the event of an acquisition during the Plan year, restructuring, purchase accounting and extraordinary charges associated with such acquisitions as disclosed in the Company’s 10-K will be added back to actual net earnings achieved to determine
net earnings for bonus payout. If the acquisition provides accretive earnings, this will be included for purposes of bonus calculations as a means to incent management to pursue accretive acquisitions and in recognition of the significant time
and effort necessary to complete such acquisitions. Furthermore, upon completion of acquisitions, the interest income assumed in the plan will be adjusted to reflect cash used. 

 

	**	The Compensation Committee of the Board of Directors may adjust the Personal Achievement Multiplier to account for extraordinary developments. In no event shall the Personal Achievement Multiplier exceed 5.0x. The
Compensation Committee may not increase compensation payable under this plan in excess of amounts provided herein. 

 D.
Deferral of Bonus Payment 
 Officers may elect to defer payment of bonus to no later than January 15, 2018. Such election must be
made in writing prior to March 31, 2017.EX-10.10

 Exhibit 10.10 

MERIDIAN BIOSCIENCE, INC. 

2012 STOCK INCENTIVE PLAN 

RESTRICTED SHARE UNIT AWARD AGREEMENT 

TIME-BASED (U.S. EMPLOYEES) 
 Summary of
Restricted Share Unit Award Grant 
 Meridian Bioscience, Inc., an Ohio corporation (the “Company”), grants to the Grantee
named below, in accordance with the terms of the Meridian Bioscience, Inc. 2012 Stock Incentive Plan (the “Plan”) and this Restricted Share Unit Award Agreement (the “Agreement”), the following number of Restricted Share Units of
the Company (the “Restricted Units”), on the Grant Date set forth below: 
  

	
	Name of Grantee:
                                         
   

	
	
	Number of Units:
                                

			
		
	Grant Date:	  	 November 9, 2016

		
	Vesting Date:	  	 November 15, 2020

 Terms of Agreement 

1. Grant of Restricted Share Unit Awards. Subject to and upon the terms, conditions, and restrictions set forth in
this Agreement and in the Plan, the Company hereby grants to the Grantee as of the Grant Date, the total number of Restricted Units set forth above. The Restricted Units shall be credited in a book entry account established for the Grantee
until payment in accordance with Section 4 hereof.
 2. Vesting of Restricted Units.

(a) Except as otherwise provided in this Agreement, this grant of Restricted Units shall vest in full on the Vesting Date above. Prior to the
Vesting Date, no portion of the award is vested, except as otherwise provided in Section 2(b) or (c). 
 (b) All of the Restricted Units
shall vest in full prior to the Vesting Date upon the occurrence of any of the following: (i) the Grantee dies while in the employ of the Company; (ii) the Grantee satisfies the requirements for Retirement, including separation from employment with
the Company; (iii) the Grantee has a Disability; or (iv) there is a Change in Control event described in Section 2(g) of the Plan. 
 (c)
The Committee may, in its sole discretion, accelerate the time at which the Restricted Units become vested and non-forfeitable to a time other than the Vesting Date as provided in Section 2(a) or to a time other than provided in Section (2)(b)(i),
(ii), (iii) or (iv) on such terms and conditions as it deems appropriate in accordance with the terms and conditions of the Plan, provided such acceleration does not result in an impermissible acceleration of payments under Section 409A of the Code.

 3. Forfeiture of Restricted Units. 

(a) The Restricted Units that have not yet vested pursuant to Section 2 shall be forfeited automatically without further action or notice if
the Grantee ceases to be employed by the Company other than as provided in Section 2(b) or (c) hereof.
 (b) The Grantee hereby acknowledges
that in order for the Restricted Units to vest, Grantee must, prior to the first Vesting Date identified on the first page hereof under “Summary of Restricted Share Unit Award Grant”, (i) accept the Restricted Units online or by telephone
in accordance with the procedures established by the Company and Merrill Lynch, and; (ii) open a Merrill Lynch brokerage account through the system maintained on behalf of the Company. If the Grantee has not completed both of the tasks prior to the
first Vesting Date identified on the first page hereof under “Summary of Restricted Share Unit Award Grant”, the Restricted Units shall be forfeited as of such date.

4. Payment.
 (a) Except as
otherwise provided in this Agreement, the Company shall deliver to the Grantee one share of its common stock (“Share”) for each vested Restricted Unit within thirty (30) days following the earlier of:

 

	 	(i)	the Vesting Date identified on the first page hereof under “Summary of Restricted Share Unit Award Grant”; 

  

	 	(ii)	the date of the Grantee’s death;(iii) the date of the Grantee’s Disability, provided such Disability also constitutes a “disability” within the meaning of Section 409A of the Code with respect to a
Grantee whose Restricted Units are subject to Section 409A of the Code; 

  

	 	(iii)	the date of Grantee’s termination of employment with the Company as a result of Retirement or a Change in Control event described in Section 2(g)(i) or (ii) of the Plan, provided such termination of employment also
constitutes a “separation from service” within the meaning of Section 409A of the Code with respect to a Grantee whose Restricted Units are subject to Section 409A of the Code; or 

 

	 	(iv)	the date of an event described in Section 2(g)(iii) or (iv) of the Plan, provided such event also constitutes a “change in control event” within the meaning of Section 409A of the Code with respect to a
Grantee whose Restricted Units are subject to Section 409A of the Code. 

 If the Grantee is a “specified employee” within the
meaning of Section 409A of the Code on the date of the Grantee’s separation from service and the Grantee’s Restricted Units are subject to Section 409A of the Code, then payment under (iv) above shall be made on the first day of the
seventh month following the Grantee’s separation from service, or, if earlier, the date of the Grantee’s death. 
 (b) The
Company’s obligations with respect to the Restricted Units shall be satisfied in full upon the delivery of its Shares pursuant to Section 4(a) herein. 

5. Transferability. The Restricted Units may not be transferred and shall not be subject in any manner to
assignment, alienation, pledge, encumbrance or charge, until all restrictions are removed or have expired, unless otherwise provided under the Plan. Any purported Transfer or encumbrance in violation of the provisions of this Section 5 shall be
void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Units.

  
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 6. Voting and Other Rights. The Grantee will not have any rights of a
shareholder of the Company with respect to the Restricted Units until the delivery of the underlying Shares. The obligations of the Company under this Agreement will be merely that of an unfunded and unsecured promise of the Company to deliver
Shares in the future, and the rights of the Grantee will be no greater than that of an unsecured general creditor. No assets of the Company will be held or set aside as security for the obligations of the Company under this Agreement.

7. Dividend Equivalent Payment Rights. The Grantee shall possess dividend equivalent payment rights with respect to
the Restricted Units granted pursuant to this Agreement as of the Grant Date. Any dividend equivalent payment on the Restricted Units shall be based on the number of Restricted Units credited to the Grantee as of the dividend record date and
such credited dividend equivalent payment amount shall be paid in accordance with quarterly dividend declarations by the Board of Directors on the Company’s common stock. 

8. Continuous Employment. Unless otherwise specified by the Plan, for purposes of this Agreement, the continuous
employment of the Grantee with the Company shall not be deemed to have been interrupted, and the Grantee shall not be deemed to have ceased to be an employee of the Company, by reason of the transfer of his employment among the Company or a leave of
absence approved by the Committee. 
 9. No Employment Contract. Nothing contained in this Agreement shall confer
upon the Grantee any right with respect to continuance of employment by the Company, nor limit or affect in any manner the right of the Company to terminate the employment or adjust the compensation of the Grantee. 

10. Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the Plan shall not be taken
into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company and shall not affect the amount of any life insurance coverage
available to any beneficiary under any life insurance plan covering employees of the Company.
 11. Taxes and
Withholding. To the extent that the Company is required to withhold any federal, state, local, foreign or other tax in connection with the Restricted Units or dividend equivalent payments thereon pursuant to this Agreement, it shall
be a condition to earning the award that the Grantee make arrangements satisfactory to the Company for payment of such taxes required to be withheld. With respect to payments under Section 4 herein, the Committee may, in its sole discretion,
require the Grantee to satisfy such required withholding obligation by surrendering to the Company a portion of the Shares earned by the Grantee hereunder, and the Shares so surrendered by the Grantee shall be credited against any such withholding
obligation at the Fair Market Value of such Shares on the date of surrender. 
 12. Adjustments. The number and kind of Shares
deliverable pursuant to a Restricted Unit are subject to adjustment as provided in Section 8 of the Plan.
 13. Compliance with
Law. While the Company shall make reasonable efforts to comply with all applicable federal and state securities laws and listing requirements with respect to the Restricted Units or Shares that may be delivered pursuant to Section 4
herein, the Company shall not be obligated to deliver any Restricted Units or Shares pursuant to this Agreement if the delivery thereof would result in a violation of any such law or listing requirement. 

14. Amendments. Subject to the terms of the Plan, the Committee may modify this Agreement upon written notice to the
Grantee. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto; provided, however, no amendment of the Plan or this Agreement shall adversely affect
the rights of the Grantee under this Agreement without the Grantee’s consent unless the Committee determines, in good faith, that such amendment is required for the 

  
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Agreement to either be exempt from the application of, or comply with, the requirements of Section 409A of the Code, or as otherwise may be provided in the Plan.

15. Section 409A of the Code. It is intended that the Restricted Units shall be exempt from the application of, or
comply with, the requirements of Section 409A of the Code. The terms of this Agreement shall be construed, administered, and governed in a manner that effects such intent, and the Committee shall not take any action that would be inconsistent
with such intent. Without limiting the foregoing, the Restricted Units shall not be deferred, accelerated, extended, paid out, settled, adjusted, substituted, exchanged or modified in a manner that would cause the award to fail to satisfy the
conditions of an applicable exception from the requirements of Section 409A of the Code or otherwise would subject the Grantee to the additional tax imposed under Section 409A of the Code. 

16. Severability. In the event that one or more of the provisions of this Agreement shall be invalidated for any
reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof, and the remaining provisions hereof shall continue to be valid and fully enforceable. 

17. Relation to Plan. This Agreement is subject to the terms and conditions of the Plan. This Agreement and the
Plan contain the entire agreement and understanding of the parties with respect to the subject matter contained in this Agreement, and supersede all prior written or oral communications, representations and negotiations in respect thereto. In
the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern except with respect to Section 2(a) of this Agreement. Capitalized terms used herein without definition shall have the meanings assigned
to them in the Plan. The Committee acting pursuant to the Plan, as constituted from time to time, shall, except as expressly provided otherwise herein, have the right to determine any questions which arise in connection with the grant of the
Restricted Units. 
 18. Successors and Assigns. Without limiting Section 5, the provisions of this Agreement
shall inure to the benefit of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Grantee, and the successors and assigns of the Company. 

19. No Advice Regarding Award. The Company is not providing any tax, legal or financial advice, nor is the Company
making any recommendations regarding the Grantee’s participation in the Plan or the acquisition or sale of the underlying securities. The Grantee is hereby advised to consult with the Grantee’s personal tax, legal or financial
advisors regarding the decision to participate in the Plan before taking any action related to the Plan. 
 20. Governing Law. 

(a) The interpretation, performance, and enforcement of this Agreement, including tort claims, shall be governed by the laws of the State of
Ohio, without giving effect to the principles of conflict of laws thereof. 
 (b) Any party bringing a legal action or proceeding against
another party arising out of or relating to this Agreement may bring the legal action or proceeding only in the United States District Court for the Southern District of Ohio and any of the courts of the State of Ohio, in each case sitting in
Cincinnati, Ohio. 
 (c) Each of the Company and the Grantee waives, to the fullest extent permitted by law, (i) any objection which it may
now or later have to the laying of venue of any legal action or proceeding arising out of or relating to this Agreement brought in any court of the State of Ohio sitting in Cincinnati, Ohio or the United States District Court for the Southern
District of Ohio sitting in Cincinnati, Ohio, including, without limitation, a motion to dismiss on the grounds of forum non conveniens or lack of subject matter 

  
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jurisdiction; and (ii) any claim that any action or proceeding brought in any such court has been brought in an inconvenient forum. 

(d) Each of the Company and the Grantee submits to the exclusive jurisdiction (both personal and subject matter) of (i) the United States
District Court for the Southern District of Ohio sitting in Cincinnati, Ohio and its appellate courts, and (ii) any court of the State of Ohio sitting in Cincinnati, Ohio and its appellate courts, for the purposes of all legal actions and
proceedings arising out of or related to this Agreement. 
 21. Language. If the Grantee receives this Agreement
or any other document related to the Plan translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control. 

22. Electronic Delivery. The Grantee hereby consents and agrees to electronic delivery of any documents that the
Company may elect to deliver (including, but not limited to, prospectuses, prospectus supplements, grant or award notifications and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection
with this and any other award made or offered under the Plan. The Grantee understands that, unless earlier revoked by the Grantee by giving written notice to the Secretary of the Company, this consent shall be effective for the duration of the
Agreement. The Grantee also understands that he or she shall have the right at any time to request that the Company deliver written copies of any and all materials referred to above at no charge. The Grantee hereby consents to any and all
procedures the Company has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Company may elect to deliver, and agrees that his or her electronic signature is the same as, and
shall have the same force and effect as, his or her manual signature. The Grantee consents and agrees that any such procedures and delivery may be effected by a third party engaged by the Company to provide administrative services related to the
Plan.
 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed on its behalf by its duly authorized officer and the
Grantee has also executed this Agreement, as of the Grant Date. 
  

			
	MERIDIAN BIOSCIENCE, INC.
		
	By:	 	  

	Name:	 	Bryan Baldasare
	Title:	 	Vice President, Corporate Controller & Treasurer

  
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