Document:

Letter Agreement and Release

 Exhibit 10.1 
 August 25, 2008 
 Mr. Joseph M. Squeri 
 5121 Westpath Way 
 Bethesda, Maryland 20816 
 Dear
Joe: 
 This Letter Agreement will confirm certain understandings relating to your voluntary resignation as Chief Financial Officer of Federal Realty
Investment Trust (the “Trust”). 
  

	1.	Your resignation as Chief Financial Officer will be effective after the close of business on August 31, 2008. To facilitate the transition of the Chief Financial Officer
responsibilities to your successor, you and the Trust hereby agree that you will continue to remain employed by the Trust in a non-officer position through October 1, 2008 (“End Date”). 

  

	2.	Within five (5) business days after the End Date, the Trust will pay to you a cash payment equal to the amount of any accrued but unused vacation (“Cash
Payment”). You and the Trust hereby agree that the Trust shall be permitted to withhold from the Cash Payment and pay over to the appropriate authority, all federal, state, county, city or other taxes as shall be required pursuant to any law or
governmental regulation or ruling. You hereby acknowledge and agree that except for the Cash Payment and any reimbursement of business related expenses in accordance with the Trust’s Travel and Entertainment Policies, you will not be entitled
to receive any other cash payments from the Trust, including, without limitation, any payment under the Trust’s Annual Incentive Bonus Plan for calendar year 2008 and any payments pursuant to that certain Severance Agreement dated as of
October 1, 2007 between you and the Trust (the “2007 Severance Agreement”). 

  

	3.	You and the Trust hereby acknowledge and agree that the Trust shall take such actions as may be reasonably necessary to cause the following restricted shares (collectively,
“Vested Shares”) to vest as and when provided below: (a) Two Thousand Two Hundred Fifty-Seven (2,257) shares awarded to you pursuant to that certain Restricted Share Award Agreement (New Hire Award) dated as of October 1,
2007 (“New Hire Agreement”) which shall vest on the End Date in accordance with and subject to the terms of the New Hire Agreement; and (b) Four Thousand Two Hundred Thirty-Two (4,232) shares awarded to you pursuant to that
certain Restricted Share Award Agreement (Shares in Lieu of Salary/Bonus) dated as of October 1, 2007 (“Salary/Bonus Agreement”) which shall vest on August 31, 2008. You hereby further agree that on or before October 15,
2008, you will pay the Trust withholding taxes required to be paid on the Vested Shares either in cash or through a sale of all or a portion of the Vested Shares which the Trust, at no out-of-pocket cost or expense, agrees to facilitate through
Deutsche Bank Alex Brown. Within five (5) business days after the Trust’s receipt of the withholding taxes on the Vested Shares, the Trust will deliver to you the certificates evidencing the Vested Shares, less any portion thereof that may
have been sold to generate proceeds sufficient to pay the withholding taxes. 

 You and the Trust further acknowledge and agree
that the following restricted shares and options shall all be forfeited as and when provided below: (a) Nine Thousand Thirty (9,030) shares awarded to you pursuant to the New Hire Agreement shall be forfeited on the End Date in accordance
with the terms of the New Hire Agreement; (b) Eight Hundred Forty-Seven (847) shares awarded to you pursuant to the 

 Mr. Joseph M. Squeri 
 August
25, 2008 
 Page 2 
  
 
Salary/Bonus Agreement shall be forfeited on August 31, 2008; and (c) Six Thousand Nine Hundred Eighty-Three (6,983) options awarded to you
pursuant to that certain Combined Incentive and Non-Qualified Stock Option Agreement for Employees dated February 10, 2008 shall be forfeited on the End Date in accordance with the terms of such agreement. 
  

	4.	You hereby acknowledge and agree that, except for the payments described in Paragraph 2 of this letter agreement, you are not aware of any other payments owing to
you or benefits to be provided to you by the Trust in connection with your employment or resignation and that you shall promptly notify the Trust if you become aware of or otherwise believe that there are any such additional payments or benefits.
You hereby further acknowledge that you will be subject to Rule 144 of the Securities Act of 1933 (“Rule 144”) and the restrictions set forth therein with respect to any transactions involving restricted securities (as defined in
Rule 144) you may undertake involving shares of the Trust. 

  

	5.	For purposes of COBRA continuation coverage, you will be deemed to have experienced a “qualifying event” on the End Date. 

  

	6.	On or before the End Date, you agree to return to the Trust promptly all items containing proprietary information or trade secrets of the Trust, including any copies thereof,
and all property belonging to the Trust. 

  

	7.	You acknowledge that the business reputation of the Trust in the real estate industry and otherwise, and the morale of its employees are of great value to the Trust. Thus, in
consideration of the benefits provided under this letter agreement, you agree that: (a) you will not disparage the Trust, its operations, its affiliates or its and their past or present officers, directors, trustees or employees, and
(b) you will comply with all the terms and conditions of the confidentiality letter you executed as a condition of employment with the Trust, and you will not divulge and will keep confidential all proprietary and private information regarding
the Trust which was made known to you during your employment. 

  

	8.	The Trust acknowledges that your reputation is of great value to you and in consideration of your agreement in this letter agreement, the Trust hereby agrees to instruct its
officers and trustees (including without limitation Donald Wood, Dawn Becker, Jeffrey Berkes, Andrew Blocher and Philip Mays) not to disparage you. 

  

	9.	In consideration of the mutual promises of the parties and of the benefits and payments promised herein by the Trust, you agree to release the Trust, all affiliated
companies, and all employees, representatives, officers, trustees and directors of those entities of any and all legally waivable claims or causes of action which you could assert arising, directly or indirectly, out of, or in any way connected
with, based upon, or related to your employment by the Trust, under all statutes, laws, and regulations, whether federal, state or local, by executing the Agreement and Release attached to this letter agreement as Attachment A
(“Release”). You agree to execute the Release simultaneously with the execution of this letter agreement, and the Release shall be attached to and form a part of this letter agreement. 

  

	10.	Nothing in this letter agreement modifies or limits in any respect the indemnification provisions set forth in Section 9.3 of the Trust’s Declaration of Trust dated
May 5, 1999, as amended, which continue to be applicable to the period of time you served as an officer of the Trust from October 1, 2007 through and including August 31, 2008. 

  

	11.	You hereby acknowledge and agree that the Trust has made no representations to you regarding the tax impact to you of the arrangements set forth in this letter agreement,
including, without limitation, any potential impact under Section 409A of the Internal Revenue Code, and that you have obtained on your own such tax advice as you have deemed necessary. 

 Mr. Joseph M. Squeri 
 August
25, 2008 
 Page 3 
  

	12.	This Letter Agreement sets forth the entire agreement between you and the Trust, and fully supersedes any and all prior agreements or understandings between us regarding its
subject matter; provided, however, that nothing in this Agreement is intended to or shall be construed to modify, impair or terminate your obligations pursuant to Section 14 of the 2007 Severance Agreement that by its terms continues after your
separation from the Trust’s employment. This Letter Agreement may only be modified by written agreement signed by both parties. 

 Please
confirm your agreement to the items set forth in this letter by signing in the space provided below and returning the signed original to me. 
  

			
	Sincerely,
	
	 /s/ Dawn M. Becker

	Dawn M. Becker
	Executive Vice President – General Counsel and Secretary
	
	ACKNOWLEDGED AND AGREED:
	
	 /s/ Joseph M. Squeri

	JOSEPH M. SQUERI
		
	cc:	 	Personnel File

 AGREEMENT AND RELEASE 
 THIS AGREEMENT AND RELEASE (“Agreement”), entered into and effective for all purposes as of the day executed below, between
Joseph M. Squeri (“Employee”) and Federal Realty Investment Trust (“Employer”). 
 IN
CONSIDERATION of the mutual promises and agreements set forth in that certain letter agreement dated August 25, 2008 between Employer and Employee (“Letter Agreement”) and the mutual promises herein, Employer and Employee hereby
agree as follows: 
 1. (a) Employee hereby irrevocably and unconditionally releases, remits, acquits, and discharges Employer and any
affiliate of Employer and its present and former officers, trustees, agents, employees, contractors, successors and assigns (separately and collectively “Employer Releasees”), jointly and individually, from any and all legally waivable
claims, known or unknown, which Employee, his heirs, successors or assigns have or may have against Employer Releasees and any and all liability which the Employer Releasees may have to him whether called claims, demands, causes of action,
obligations, damages or liabilities arising from any and all basis, however called, including but not limited to claims of discrimination under any federal, state or local law, rule or regulation. This release relates to claims known or unknown
arising prior to and during Employee’s employment by Employer, whether those claims are past or present, whether they arise from common law, contract or statute, whether they arise from labor laws or discrimination laws, or any other law, rule
or regulation, provided, however, that this release does not apply to any rights or claims that may arise after the date of this Agreement. Employee specifically acknowledges that this release is applicable to any claim under the CIVIL RIGHTS ACT OF
1964, as amended, the AGE DISCRIMINATION IN EMPLOYMENT ACT, as amended, and/or the AMERICANS WITH DISABILITIES ACT. This release is for any relief, no matter how called, including but not limited to reinstatement, wages, back pay, front pay,
severance pay, compensatory damages, punitive damages or damages for pain or suffering, or attorney fees. 
 (b) Employer hereby
irrevocably and unconditionally releases, remits, acquits, and discharges Employee and his heirs, successors and assigns (separately and collectively “Employee Releasees”), jointly and individually, from any and all legally waivable
claims, known or unknown, which Employer, its successors and assigns have or may have against Employee Releasees and any and all liability which the Employee Releasees may have to Employer, its successors and assigns whether called claims, demands,
causes of action, obligations, damages or liabilities arising from Employee’s employment with Employer; provided, however, that such release does not extend to any claims, demands, causes of action, damages, or liabilities arising from fraud,
willful misconduct or acts or omissions by Employee that would constitute a violation of criminal law. Notwithstanding the foregoing, this release does not apply to any rights or claims that may arise after the date of this Agreement. This release
is for any relief, no matter how called, including but not limited to compensatory damages, punitive damages or damages for pain or suffering, or attorney fees. 
 2. Nothing in this Agreement shall be construed as or constitute a release of Employee’s or Employer’s rights to enforce the terms of the Letter Agreement, or to seek relief, including but not limited
to any damages, for any breach of the Letter Agreement. 
 3. Employee acknowledges that he has read this Agreement, including,
without limitation, the release set forth in Paragraph 1(a) above; that he has had a right to consult an attorney, and has been encouraged by the Employer to review this Agreement with an attorney; that he has been given a period of not
less than 21 days in which to consider this Agreement; that he understands it; and that he accepts and agrees to all the provisions contained herein. Employee understands that this Agreement sets forth the entire understanding of the parties, and he
acknowledges that he has not relied upon any other representations or promises in entering into this Agreement. 
 4. Employee may
revoke this Agreement at any time during the seven days immediately following his execution of this Agreement, after which time the Agreement shall be irrevocable and 

 
enforceable in any court of competent jurisdiction. Employee agrees this Agreement will not be effective or enforceable nor the amounts set forth in the
Letter Agreement paid until after the seven-day revocation period ends without revocation by Employee. Revocation can be made by delivery of a written notice of revocation to Dawn Becker, Executive Vice President—General Counsel, by midnight on
or before the seventh calendar day after Employee signs this Agreement. 
 5. This Agreement shall be binding on Employer and Employee
and upon their respective heirs, representatives, successors and assigns, and shall run to the benefit of the Releasees and each of them and to their respective heirs, representatives, successors and assigns. 
 6. This Agreement in all respects shall be interpreted and entered under the laws of the State of Maryland. The language of all parts of this
Agreement in all cases shall be construed as a whole, according to its fair meaning, and not strictly for or against any of the parties. 
 7. Employer and Employee agree that in the event any provision of this Agreement is deemed to be invalid or unenforceable by any court or administrative agency of competent jurisdiction, or in the event that any provision cannot be
modified so as to be valid and enforceable, then that provision shall be deemed severed from the Agreement and the remainder of the Agreement shall remain in full force and effect. 
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date indicated below. 
  

			
	FEDERAL REALTY INVESTMENT TRUST
		
	By:	 	 /s/ Dawn M. Becker

		 	Dawn M. Becker
		 	Executive Vice President-General Counsel and Secretary
	
	 /s/ Joseph M. Squeri

	Joseph M. Squeri
		
	Date:Knology, Inc. 2008 Incentive Plan.

 Exhibit 10.1 
  
  
 KNOLOGY, INC. 
 2008 INCENTIVE PLAN 
  
  

 KNOLOGY, INC. 
 2008 INCENTIVE PLAN 
  

					
	ARTICLE 1	 	PURPOSE	  	1
			
	 1.1
	 	General	  	1
			
	ARTICLE 2	 	DEFINITIONS	  	1
			
	 2.1
	 	Definitions	  	1
			
	ARTICLE 3	 	EFFECTIVE TERM OF PLAN	  	8
			
	 3.1
	 	Effective Date	  	8
			
	 3.2
	 	Term of Plan	  	8
			
	ARTICLE 4	 	ADMINISTRATION	  	8
			
	 4.1
	 	Committee	  	8
			
	 4.2
	 	Actions and Interpretations by the Committee	  	9
			
	 4.3
	 	Authority of Committee	  	9
			
	 4.4
	 	Award Certificates	  	10
			
	ARTICLE 5	 	SHARES SUBJECT TO THE PLAN	  	11
			
	 5.1
	 	Number of Shares	  	11
			
	 5.2
	 	Share Counting	  	11
			
	 5.3
	 	Stock Distributed	  	11
			
	 5.4
	 	Limitation on Individual Awards	  	11
			
	 5.5
	 	Minimum Vesting Requirements	  	12
			
	ARTICLE 6	 	ELIGIBILITY	  	12
			
	 6.1
	 	General	  	12
			
	ARTICLE 7	 	STOCK OPTIONS	  	13
			
	 7.1
	 	General	  	13
			
	 7.2
	 	Incentive Stock Options	  	13
			
	ARTICLE 8	 	STOCK APPRECIATION RIGHTS	  	13
			
	 8.1
	 	Grant of Stock Appreciation Rights	  	13
			
	ARTICLE 9	 	PERFORMANCE AWARDS	  	14
			
	 9.1
	 	Grant of Performance Awards	  	14
			
	 9.2
	 	Performance Goals	  	14
			
	ARTICLE 10	 	RESTRICTED STOCK, RESTRICTED STOCK UNITS AND DEFERRED STOCK UNITS	  	15

					
	 10.1
	 	Grant of Restricted Stock, Restricted Stock Units and Deferred Stock Units	  	15
			
	 10.2
	 	Issuance and Restrictions	  	15
			
	 10.3
	 	Forfeiture	  	16
			
	 10.4
	 	Delivery of Restricted Stock	  	16
			
	ARTICLE 11	 	QUALIFIED PERFORMANCE-BASED AWARDS	  	16
			
	 11.1
	 	Options and Stock Appreciation Rights	  	16
			
	 11.2
	 	Other Awards	  	16
			
	 11.3
	 	Performance Goals	  	17
			
	 11.4
	 	Inclusions and Exclusions from Performance Criteria	  	17
			
	 11.5
	 	Certification of Performance Goals	  	18
			
	 11.6
	 	Award Limits	  	18
			
	ARTICLE 12	 	DIVIDEND EQUIVALENTS	  	18
			
	 12.1
	 	Grant of Dividend Equivalents	  	18
			
	ARTICLE 13	 	STOCK OR OTHER STOCK-BASED AWARDS	  	19
			
	 13.1
	 	Grant of Stock or Other Stock-Based Awards	  	19
			
	ARTICLE 14	 	PROVISIONS APPLICABLE TO AWARDS	  	19
			
	 14.1
	 	Term of Awards	  	19
			
	 14.2
	 	Form of Payment of Awards	  	19
			
	 14.3
	 	Limits on Transfer	  	19
			
	 14.4
	 	Beneficiaries	  	20
			
	 14.5
	 	Stock Trading Restrictions	  	20
			
	 14.6
	 	Acceleration upon Death or Disability	  	20
			
	 14.7
	 	Effect of a Change in Control	  	21
			
	 14.8
	 	Acceleration for Other Reasons	  	22
			
	 14.9
	 	Termination of Employment	  	22
			
	 14.10
	 	Substitute Awards	  	23
			
	ARTICLE 15	 	CHANGES IN CAPITAL STRUCTURE	  	23
			
	 15.1
	 	Mandatory Adjustments	  	23
			
	 15.2
	 	Discretionary Adjustments	  	23
			
	 15.3
	 	General	  	24

					
	ARTICLE 16	 	AMENDMENT, MODIFICATION AND TERMINATION	  	24
			
	 16.1
	 	Amendment, Modification and Termination	  	24
			
	 16.2
	 	Awards Previously Granted	  	24
			
	 16.3
	 	Compliance Amendments	  	25
			
	ARTICLE 17	 	GENERAL PROVISIONS	  	25
			
	 17.1
	 	No Rights to Awards; Non-Uniform Determinations	  	25
			
	 17.2
	 	No Shareholder Rights	  	25
			
	 17.3
	 	Withholding	  	25
			
	 17.4
	 	Special Provisions Related to Section 409A of the Code	  	26
			
	 17.5
	 	No Right to Continued Service	  	27
			
	 17.6
	 	Unfunded Status of Awards	  	27
			
	 17.7
	 	Relationship to Other Benefits	  	28
			
	 17.8
	 	Expenses	  	28
			
	 17.9
	 	Titles and Headings	  	28
			
	 17.10
	 	Gender and Number	  	28
			
	 17.11
	 	Fractional Shares	  	28
			
	 17.12
	 	Government and Other Regulations	  	28
			
	 17.13
	 	Governing Law	  	29
			
	 17.14
	 	Additional Provisions	  	29
			
	 17.15
	 	No Limitations on Rights of Company	  	29
			
	 17.16
	 	Indemnification	  	29

 KNOLOGY, INC. 
 2008 INCENTIVE PLAN 
 ARTICLE 1 
 PURPOSE 
 1.1. GENERAL. The purpose of the Knology, Inc. 2008 Incentive
Plan (the “Plan”) is to promote the success, and enhance the value, of Knology, Inc. (the “Company”), by linking the personal interests of employees, officers, directors and consultants of the Company or any Affiliate (as defined
below) to those of Company shareholders and by providing such persons with an incentive for outstanding performance. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services of
employees, officers, directors and consultants upon whose judgment, interest, and special effort the successful conduct of the Company’s operation is largely dependent. Accordingly, the Plan permits the grant of incentive awards from time to
time to selected employees, officers, directors and consultants of the Company and its Affiliates. 
 ARTICLE 2 
 DEFINITIONS 
 2.1. DEFINITIONS.
When a word or phrase appears in this Plan with the initial letter capitalized, and the word or phrase does not commence a sentence, the word or phrase shall generally be given the meaning ascribed to it in this Section or in Section 1.1 unless
a clearly different meaning is required by the context. The following words and phrases shall have the following meanings: 
 (a) “Affiliate” means (i) any Subsidiary or Parent, or (ii) an entity that directly or through one or more intermediaries controls, is controlled by or is under common control with, the Company, as determined by the
Committee. 
 (b) “Award” means any Option, Stock Appreciation Right, Restricted Stock Award, Restricted Stock Unit
Award, Deferred Stock Unit Award, Performance Award, Dividend Equivalent Award, Other Stock-Based Award, or any other right or interest relating to Stock or cash, granted to a Participant under the Plan. 
 (c) “Award Certificate” means a written document, in such form as the Committee prescribes from time to time, setting forth the
terms and conditions of an Award. Award Certificates may be in the form of individual award agreements or certificates or a program document describing the terms and provisions of an Awards or series of Awards under the Plan. The Committee may
provide for the use of electronic, internet or other non-paper Award Certificates, and the use of electronic, internet or other non-paper means for the acceptance thereof and actions thereunder by a Participant. 

 (d) “Board” means the Board of Directors of the Company. 
 (e) “Cause” as a reason for a Participant’s termination of employment shall have the meaning assigned such term in the
employment, severance or similar agreement, if any, between such Participant and the Company or an Affiliate, provided, however that if there is no such employment, severance or similar agreement in which such term is defined, and unless otherwise
defined in the applicable Award Certificate, “Cause” shall mean any of the following acts by the Participant, as determined by the Board: gross neglect of duty, prolonged absence from duty without the consent of the Company, intentionally
engaging in any activity that is in conflict with or adverse to the business or other interests of the Company, or willful misconduct, misfeasance or malfeasance of duty which is reasonably determined to be detrimental to the Company. With respect
to a Participant’s termination of directorship, “Cause” means an act or failure to act that constitutes cause for removal of a director under applicable Delaware law. The determination of the Committee as to the existence of
“Cause” shall be conclusive on the Participant and the Company. 
 (f) “Change in Control” means and
includes the occurrence of any one of the following events: 
 (i) individuals who, at the Effective Date, constitute the
Board (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided that any person becoming a director after the Effective Date and whose election or nomination for election was approved by a
vote of at least a majority of the Incumbent Directors then on the Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without written objection to such
nomination) shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest (as described in Rule 14a-11 under
the 1934 Act (“Election Contest”) or other actual or threatened solicitation of proxies or consents by or on behalf of any Person other than the Board (“Proxy Contest”), including by reason of any agreement intended to avoid or
settle any Election Contest or Proxy Contest, shall be deemed an Incumbent Director; or 
 (ii) any person becomes a
“beneficial owner” (as defined in Rule 13d-3 under the 1934 Act), directly or indirectly, of securities of the Company representing 25% or more of the combined voting power of the Company’s then outstanding securities eligible to vote
for the election of the Board (the “Company Voting Securities”); provided, however, that the event described in this paragraph (ii) shall not be deemed to be a Change in Control of the Company by virtue of any of the
following acquisitions: (A) any acquisition by a person who is on the 

  

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Effective Date the beneficial owner of 25% or more of the outstanding Company Voting Securities, (B) an acquisition by the Company which reduces the
number of Company Voting Securities outstanding and thereby results in any person acquiring beneficial ownership of more than 25% of the outstanding Company Voting Securities; provided, that if after such acquisition by the Company
such person becomes the beneficial owner of additional Company Voting Securities that increases the percentage of outstanding Company Voting Securities beneficially owned by such person, a Change in Control of the Company shall then occur,
(C) an acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any Parent or Subsidiary, (D) an acquisition by an underwriter temporarily holding securities pursuant to an offering of such
securities, or (E) an acquisition pursuant to a Non-Qualifying Transaction (as defined in paragraph (iii)); or 
 (iii)
the consummation of a reorganization, merger, consolidation, statutory share exchange or similar form of corporate transaction involving the Company that requires the approval of the Company’s stockholders, whether for such transaction or the
issuance of securities in the transaction (a “Reorganization”), or the sale or other disposition of all or substantially all of the Company’s assets to an entity that is not an affiliate of the Company (a “Sale”), unless
immediately following such Reorganization or Sale: (A) more than 50% of the total voting power of (x) the corporation resulting from such Reorganization or the corporation which has acquired all or substantially all of the assets of the
Company (in either case, the “Surviving Corporation”), or (y) if applicable, the ultimate parent corporation that directly or indirectly has beneficial ownership of 100% of the voting securities eligible to elect directors of the
Surviving Corporation (the “Parent Corporation”), is represented by the Company Voting Securities that were outstanding immediately prior to such Reorganization or Sale (or, if applicable, is represented by shares into which such Company
Voting Securities were converted pursuant to such Reorganization or Sale), and such voting power among the holders thereof is in substantially the same proportion as the voting power of such Company Voting Securities among the holders thereof
immediately prior to the Reorganization or Sale, (B) no person (other than (x) the Company, the Surviving Corporation or the Parent Corporation, (y) any employee benefit plan (or related trust) sponsored or maintained by the Company,
the Surviving Corporation or the Parent Corporation, or (z) a person who immediately prior to the Reorganization or Sale was the beneficial owner of 25% or more of the outstanding Company Voting Securities) is the beneficial owner, directly or
indirectly, of 25% or more of the total voting power of the outstanding voting securities eligible to elect directors of the Parent Corporation (or, if there is no Parent Corporation, the Surviving Corporation), and (C) at least a majority of
the members of the board of directors of the Parent Corporation (or, if there is no Parent Corporation, the Surviving Corporation) following the consummation of the Reorganization or Sale were Incumbent Directors at the time of the Board’s
approval of the execution of the initial agreement providing for such 

  

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Reorganization or Sale (any Reorganization or Sale which satisfies all of the criteria specified in (A), (B) and (C) above shall be deemed to be a
“Non-Qualifying Transaction”). 
 (g) “Code” means the Internal Revenue Code of 1986, as amended from time
to time, and includes a reference to the underlying final regulations. 
 (h) “Committee” means the committee of the
Board described in Article 4. 
 (i) “Company” means Knology, Inc., a Delaware corporation, or any successor
corporation. 
 (j) “Continuous Status as a Participant” means the absence of any interruption or termination of
service as an employee, officer, consultant or director of the Company or any Affiliate, as applicable; provided, however, that for purposes of an Incentive Stock Option “Continuous Status as a Participant” means the absence of any
interruption or termination of service as an employee of the Company or any Parent or Subsidiary, as applicable, pursuant to applicable tax regulations. Continuous Status as a Participant shall not be considered interrupted in the case of any leave
of absence authorized in writing by the Company prior to its commencement; provided, however, that for purposes of Incentive Stock Options, no such leave may exceed 90 days, unless reemployment upon expiration of such leave is guaranteed by statute
or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, on the 91st day of such leave any Incentive Stock Option held by the Participant shall cease to be treated as an Incentive Stock Option
and shall be treated for tax purposes as a Nonstatutory Stock Option. 
 (k) “Covered Employee” means a covered
employee as defined in Code Section 162(m)(3). 
 (l) “Deferred Stock Unit” means a right granted to a
Participant under Article 10 to receive Shares of Stock (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines
established by the Committee in the case of voluntary deferral elections, which right may be subject to certain restrictions but is not subject to risk of forfeiture. 
 (m) “Disability” shall mean any illness or other physical or mental condition of a Participant that renders the Participant
incapable of performing his customary and usual duties for the Corporation, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in the judgment of the
Committee, is permanent and continuous in nature. If the determination of Disability relates to an Incentive 

  

 - 4 - 

 
Stock Option, Disability means Permanent and Total Disability as defined in Section 22(e)(3) of the Code. In the event of a dispute, the determination
whether a Participant is Disabled will be made by the Committee and may be supported by the advice of a physician competent in the area to which such Disability relates. 
 (n) “Dividend Equivalent” means a right granted to a Participant under Article 12. 
 (o) “Effective Date” has the meaning assigned such term in Section 3.1. 
 (p) “Eligible Participant” means an employee, officer, consultant or director of the Company or any Affiliate. 
 (q) “Exchange” means the Nasdaq Stock Market or any national securities exchange on which the Stock may from time to time be
listed or traded. 
 (r) “Fair Market Value,” on any date, means (i) if the Stock is listed on a securities
exchange, the closing sales price on such exchange or over such system on such date or, in the absence of reported sales on such date, the closing sales price on the immediately preceding date on which sales were reported, or (ii) if the Stock
is not listed on a securities exchange, the mean between the bid and offered prices as quoted by Nasdaq for such date, provided that if it is determined that the fair market value is not properly reflected by such Nasdaq quotations, Fair Market
Value will be determined by such other method as the Committee determines in good faith to be reasonable. 
 (s)
“Full Value Award” means an Award other than in the form of an Option or SAR, and which is settled by the issuance of Stock or at the discretion of the Committee, settled in cash valued by reference to Stock value).

 (t) “Good Reason” (or a similar term denoting constructive termination) has the meaning, if any, assigned such
term in the employment, severance or similar agreement, if any, between a Participant and the Company or an Affiliate, provided, however that if there is no such employment, severance or similar agreement in which such term is defined, “Good
Reason” shall have the meaning, if any, given such term in the applicable Award Certificate. If not defined in any such document, the term “Good Reason” as used herein shall not apply to a particular Award. 
 (u) “Grant Date” of an Award means the first date on which all necessary corporate action has been taken to approve the grant of
the Award as provided in the Plan, or such later date as is determined and specified as part of that authorization process. Notice of the grant shall be provided to the grantee within a reasonable time after the Grant Date. 
  

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 (v) “Incentive Stock Option” means an Option that is intended to be an
incentive stock option and meets the requirements of Section 422 of the Code or any successor provision thereto. 
 (w)
“Independent Directors” means those members of the Board of Directors who qualify at any given time as “independent” directors under Nasdaq Marketplace Rule 4200, “non-employee” directors under Rule 16b-3 of the 1934
Act, and “outside” directors under Section 162(m) of the Code. 
 (x) “Non-Employee Director” means a
director of the Company who is not a common law employee of the Company or an Affiliate. 
 (y) “Nonstatutory Stock
Option” means an Option that is not an Incentive Stock Option. 
 (z) “Option” means a right granted to a
Participant under Article 7 of the Plan to purchase Stock at a specified price during specified time periods. An Option may be either an Incentive Stock Option or a Nonstatutory Stock Option. 
 (aa) “Other Stock-Based Award” means a right, granted to a Participant under Article 13, that relates to or is valued by
reference to Stock or other Awards relating to Stock. 
 (bb) “Parent” means a corporation, limited liability
company, partnership or other entity which owns or beneficially owns a majority of the outstanding voting stock or voting power of the Company. Notwithstanding the above, with respect to an Incentive Stock Option, Parent shall have the meaning set
forth in Section 424(e) of the Code. 
 (cc) “Participant” means a person who, as an employee, officer,
director or consultant of the Company or any Affiliate, has been granted an Award under the Plan; provided that in the case of the death of a Participant, the term “Participant” refers to a beneficiary designated pursuant to
Section 14.4 or the legal guardian or other legal representative acting in a fiduciary capacity on behalf of the Participant under applicable state law and court supervision. 
 (dd) “Performance Award” means any award granted under the Plan pursuant to Article 9. 
 (ee) “Person” means any individual, entity or group, within the meaning of Section 3(a)(9) of the 1934 Act and as used in
Section 13(d)(3) or 14(d)(2) of the 1934 Act. 
 (ff) “Plan” means the Knology, Inc. 2008 Incentive Plan, as
amended from time to time. 
  

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 (gg) “Qualified Performance-Based Award” means an Award that is either
(i) intended to qualify for the Section 162(m) Exemption and is made subject to performance goals based on Qualified Business Criteria as set forth in Section 11.2, or (ii) an Option or SAR having an exercise price equal to or
greater than the Fair Market Value of the underlying Stock as of the Grant Date. 
 (hh) “Qualified Business
Criteria” means one or more of the Business Criteria listed in Section 11.2 upon which performance goals for certain Qualified Performance-Based Awards may be established by the Committee. 
 (ii) “Restricted Stock Award” means Stock granted to a Participant under Article 10 that is subject to certain restrictions and
to risk of forfeiture. 
 (jj) “Restricted Stock Unit Award” means the right granted to a Participant under Article
10 to receive shares of Stock (or the equivalent value in cash or other property if the Committee so provides) in the future, which right is subject to certain restrictions and to risk of forfeiture. 
 (kk) “Section 162(m) Exemption” means the exemption from the limitation on deductibility imposed by Section 162(m) of the
Code that is set forth in Section 162(m)(4)(C) of the Code or any successor provision thereto. 
 (ll) “Shares”
means shares of the Company’s Stock. If there has been an adjustment or substitution pursuant to Section 15.1, the term “Shares” shall also include any shares of stock or other securities that are substituted for Shares or into
which Shares are adjusted pursuant to Section 15.1. 
 (mm) “Stock” means the $0.01 par value common stock of
the Company and such other securities of the Company as may be substituted for Stock pursuant to Article 15. 
 (nn)
“Stock Appreciation Right” or “SAR” means a right granted to a Participant under Article 8 to receive a payment equal to the difference between the Fair Market Value of a Share as of the date of exercise of the SAR over the grant
price of the SAR, all as determined pursuant to Article 8. 
 (oo) “Subsidiary” means any corporation, limited
liability company, partnership or other entity of which a majority of the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Company. Notwithstanding the above, with respect to an Incentive Stock Option,
Subsidiary shall have the meaning set forth in Section 424(f) of the Code. 
 (pp) “1933 Act” means the
Securities Act of 1933, as amended from time to time. 
  

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 (qq) “1934 Act” means the Securities Exchange Act of 1934, as amended from time
to time. 
 ARTICLE 3 
 EFFECTIVE TERM OF PLAN 
 3.1. EFFECTIVE DATE. The Plan shall be effective as of the date it is approved by both the
Board and the shareholders of the Company (the “Effective Date”). 
 3.2. TERMINATION OF PLAN. The Plan shall terminate on
the tenth anniversary of the Effective Date unless earlier terminated as provided herein. The termination of the Plan on such date shall not affect the validity of any Award outstanding on the date of termination, which shall continue to be governed
by the applicable terms and conditions of this Plan. Notwithstanding the foregoing, no Incentive Stock Options may be granted more than ten (10) years after the earlier of (a) adoption of this Plan by the Board, or (b) the Effective
Date. 
 ARTICLE 4 
 ADMINISTRATION 
 4.1. COMMITTEE. The Plan shall be administered by a Committee appointed by the Board (which
Committee shall consist of at least two directors) or, at the discretion of the Board from time to time, the Plan may be administered by the Board. It is intended that at least two of the directors appointed to serve on the Committee shall be
Independent Directors and that any such members of the Committee who do not so qualify shall abstain from participating in any decision to make or administer Awards that are made to Eligible Participants who at the time of consideration for such
Award (i) are persons subject to the short-swing profit rules of Section 16 of the 1934 Act, or (ii) are reasonably anticipated to become Covered Employees during the term of the Award. However, the mere fact that a Committee member
shall fail to qualify as an Independent Director or shall fail to abstain from such action shall not invalidate any Award made by the Committee which Award is otherwise validly made under the Plan. The members of the Committee shall be appointed by,
and may be changed at any time and from time to time in the discretion of, the Board. Unless and until changed by the Board, the Compensation and Stock Option Committee of the Board is designated as the Committee to administer the Plan. The Board
may reserve to itself any or all of the authority and responsibility of the Committee under the Plan or may act as administrator of the Plan for any and all purposes. To the extent the Board has reserved any authority and responsibility or during
any time that the Board is acting as administrator of the Plan, it shall have all the powers of the Committee hereunder, and any reference herein to the Committee (other than in this Section 4.1) shall include the Board. To the extent any
action of the Board under the Plan conflicts with actions taken by the Committee, the actions of the Board shall control. 
  

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 4.2. ACTION AND INTERPRETATIONS BY THE COMMITTEE . For purposes of administering the Plan, the
Committee may from time to time adopt rules, regulations, guidelines and procedures for carrying out the provisions and purposes of the Plan and make such other determinations, not inconsistent with the Plan, as the Committee may deem appropriate.
The Committee’s interpretation of the Plan, any Awards granted under the Plan, any Award Certificate and all decisions and determinations by the Committee with respect to the Plan are final, binding, and conclusive on all parties. Each member
of the Committee is entitled to, in good faith, rely or act upon any report or other information furnished to that member by any officer or other employee of the Company or any Affiliate, the Company’s or an Affiliate’s independent
certified public accountants, Company counsel or any executive compensation consultant or other professional retained by the Company to assist in the administration of the Plan. 
 4.3. AUTHORITY OF COMMITTEE . Except as provided in Section 4.1 and 4.5 hereof, the Committee has the exclusive power, authority and
discretion to: 
 (a) Grant Awards; 
 (b) Designate Participants; 
 (c) Determine the type or types of Awards to be granted to each Participant; 
 (d) Determine
the number of Awards to be granted and the number of Shares or dollar amount to which an Award will relate; 
 (e) Determine
the terms and conditions of any Award granted under the Plan, including but not limited to, the exercise price, grant price, or purchase price, any restrictions or limitations on the Award, any schedule for lapse of forfeiture restrictions or
restrictions on the exercisability of an Award, and accelerations or waivers thereof, based in each case on such considerations as the Committee in its sole discretion determines; 
 (f) Accelerate the vesting, exercisability or lapse of restrictions of any outstanding Award, in accordance with Article 14; 

(g) Determine whether, to what extent, and under what circumstances an Award may be settled in, or the exercise price of an Award may
be paid in, cash, Stock, other Awards, or other property, or an Award may be canceled, forfeited, or surrendered; 
 (h)
Prescribe the form of each Award Certificate, which need not be identical for each Participant; 
  

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 (i) Decide all other matters that must be determined in connection with an Award;

 (j) Establish, adopt or revise any rules, regulations, guidelines or procedures as it may deem necessary or advisable to
administer the Plan; 
 (k) Make all other decisions and determinations that may be required under the Plan or as the
Committee deems necessary or advisable to administer the Plan; 
 (l) Amend the Plan or any Award Certificate as provided
herein; and 
 (m) Adopt such modifications, procedures, and subplans as may be necessary or desirable to comply with
provisions of the laws of non-U.S. jurisdictions in which the Company or any Affiliate may operate, in order to assure the viability of the benefits of Awards granted to participants located in such other jurisdictions and to meet the objectives of
the Plan. 
 Notwithstanding the foregoing, grants of Awards to Non-Employee Directors hereunder shall be made only in accordance with the
terms, conditions and parameters of a plan, program or policy for the compensation of Non-Employee Directors as in effect from time to time, and the Committee may not make discretionary grants hereunder to Non-Employee Directors. 
 Notwithstanding the above, the Board or the Committee may, by resolution, expressly delegate to a special committee, consisting of one or more directors
who are also officers of the Company, the authority, within specified parameters, to (i) designate officers, employees and/or consultants of the Company or any of its Affiliates to be recipients of Awards under the Plan, and (ii) to
determine the number of such Awards to be received by any such Participants; provided, however, that such delegation of duties and responsibilities to an officer of the Company may not be made with respect to the grant of Awards to eligible
participants (a) who are subject to Section 16(a) of the 1934 Act at the Grant Date, or (b) who as of the Grant Date are reasonably anticipated to be become Covered Employees during the term of the Award. The acts of such delegates
shall be treated hereunder as acts of the Board and such delegates shall report regularly to the Board and the Compensation Committee regarding the delegated duties and responsibilities and any Awards so granted. 
 4.4. AWARD CERTIFICATES . Each Award shall be evidenced by an Award Certificate. Each Award Certificate shall include such provisions, not
inconsistent with the Plan, as may be specified by the Committee. 
  

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 ARTICLE 5 
 SHARES SUBJECT TO THE PLAN 
 5.1. NUMBER OF SHARES. Subject to adjustment as provided in
Sections 5.2 and 15.1, the aggregate number of Shares reserved and available for issuance pursuant to Awards granted under the Plan shall be 3,750,000. The maximum number of Shares that may be issued upon exercise of Incentive Stock Options
granted under the Plan shall be 3,750,000 and the maximum number of Full Value Awards that can be granted under the Plan is 1,500,000. 
 5.2. SHARE COUNTING. 
 (a) To the extent that an Award is canceled, terminates, expires, is forfeited or
lapses for any reason, any unissued or forfeited Shares subject to the Award will again be available for issuance pursuant to Awards granted under the Plan. 
 (b) Shares subject to Awards settled in cash will again be available for issuance pursuant to Awards granted under the Plan. 

(c) To the extent that the full number of Shares subject to an Award other than an Option or SAR is not issued for any reason,
including by reason of failure to achieve maximum performance goals, only the number of Shares issued and delivered shall be considered for purposes of determining the number of Shares remaining available for issuance pursuant to Awards granted
under the Plan. 
 (d) Substitute Awards granted pursuant to Section 14.10 of the Plan shall not count against the Shares
otherwise available for issuance under the Plan under Section 5.1. 
 5.3. STOCK DISTRIBUTED. Any Stock distributed pursuant to
an Award may consist, in whole or in part, of authorized and unissued Stock, treasury Stock or Stock purchased on the open market. 
 5.4.
LIMITATION ON INDIVIDUAL AWARDS. Notwithstanding any provision in the Plan to the contrary (but subject to adjustment as provided in Section 15.1): 
 (a) Options. The maximum aggregate number of Shares subject to Options granted under the Plan in any 12-month period to any one
Participant shall be 300,000. 
 (b) SARs. The maximum number of Shares subject to Stock Appreciation Rights granted
under the Plan in any 12-month period to any one Participant shall be 300,000. 
  

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 (c) Restricted Stock. The maximum aggregate number of Shares underlying of Awards
of Restricted Stock under the Plan in any 12-month period to any one Participant shall be 300,000. 
 (d) Restricted Stock
Units and Deferred Stock Units. The maximum aggregate number of Shares underlying of Awards of Restricted Stock Units and Deferred Stock Units under the Plan in any 12-month period to any one Participant shall be 300,000. 
 (e) Other Stock-Based Awards. The maximum aggregate grant with respect to Other Stock-Based Awards under the Plan in any 12-month
period to any one Participant shall be 300,000 Shares. 
 (f) Cash-Based Awards. The maximum aggregate amount that may
be paid with respect to cash-based Awards under the Plan to any one Participant in any fiscal year of the Company shall be $3,000,000. 
 5.5. MINIMUM VESTING REQUIREMENTS. Except in the case of substitute Awards granted pursuant to Section 14.10 or Awards granted as an inducement to join the Company or an Affiliate as a new employee to replace forfeited awards
from a former employer, Full-Value Awards granted under the Plan to an employee, officer or consultant shall either (i) be subject to a minimum vesting period of three years (which may include graduated vesting within such three-year period),
or one year if the vesting is based on performance criteria other than continued service, or (ii) be granted solely in exchange for foregone cash compensation. Notwithstanding the foregoing, the Committee may permit acceleration of vesting of
such Full Value Awards in the event of the Participant’s death, Disability, or Retirement, or the occurrence of a Change in Control. 
 ARTICLE 6 
 ELIGIBILITY 
 6.1. GENERAL. Awards may be granted only to Eligible Participants; except that Incentive Stock Options may be granted to only to Eligible Participants who are employees of the Company or a Parent or Subsidiary
as defined in Section 424(e) and (f) of the Code. Eligible Participants who are service providers to an Affiliate may be granted Options or SARs under this Plan only if the Affiliate qualifies as an “eligible issuer of service
recipient stock” within the meaning of §1.409A-1(b)(5)(iii)(E) of the final regulations under Code Section 409A. 
  

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 ARTICLE 7 
 STOCK OPTIONS 
 7.1. GENERAL. The Committee is authorized to grant Options to Participants on
the following terms and conditions: 
 (a) EXERCISE PRICE. The exercise price per Share under an Option shall be
determined by the Committee, provided that the exercise price for any Option (other than an Option issued as a substitute Award pursuant to Section 14.10) shall not be less than the Fair Market Value as of the Grant Date. 
 (b) PROHIBITION ON REPRICING. Except as otherwise provided in Article 15, the exercise price of an Option may not be reduced,
directly or indirectly by cancellation and regrant or otherwise, without the prior approval of the shareholders of the Company. 
 (c) TIME AND CONDITIONS OF EXERCISE. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, subject to Section 7.1(e). The Committee shall also determine the performance or other
conditions, if any, that must be satisfied before all or part of an Option may be exercised or vested. 
 (d) PAYMENT.
The Committee shall determine the methods by which the exercise price of an Option may be paid, the form of payment, including, without limitation, cash, Shares, or other property (including “cashless exercise” arrangements), and the
methods by which Shares shall be delivered or deemed to be delivered to Participants. 
 (e) EXERCISE TERM. In no event
may any Option be exercisable for more than ten years from the Grant Date. 
 (f) NO DEFERRAL FEATURE. No Option shall
provide for any feature for the deferral of compensation other than the deferral of recognition of income until the exercise or disposition of the Option. 
 7.2. INCENTIVE STOCK OPTIONS. The terms of any Incentive Stock Options granted under the Plan must comply with the requirements of Section 422 of the Code. If all of the requirements of Section 422 of
the Code are not met, the Option shall automatically become a Nonstatutory Stock Option. 
 ARTICLE 8 
 STOCK APPRECIATION RIGHTS 
 8.1.
GRANT OF STOCK APPRECIATION RIGHTS. The Committee is authorized to grant Stock Appreciation Rights to Participants on the following terms and conditions: 
 (a) RIGHT TO PAYMENT. Upon the exercise of a Stock Appreciation Right, the Participant to whom it is granted has the right to
receive the excess, if any, of: 
 (1) The Fair Market Value of one Share on the date of exercise; over 
  

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 (2) The base price of the Stock Appreciation Right as determined by the Committee, which
shall not be less than the Fair Market Value of one Share on the Grant Date. 
 (b) PROHIBITION ON REPRICING. Except as
otherwise provided in Article 15, the base price of a Stock Appreciation Right may not be reduced, directly or indirectly by cancellation and regrant or otherwise, without the prior approval of the shareholders of the Company. 
 (c) EXERCISE TERM. In no event may any Stock Appreciation Right be exercisable for more than ten years from the Grant Date.

 (d) NO DEFERRAL FEATURE. No SAR shall provide for any feature for the deferral of compensation other than the
deferral of recognition of income until the exercise or disposition of the SAR. 
 (e) OTHER TERMS. All Stock
Appreciation Rights shall be evidenced by an Award Certificate. Subject to the limitations of this Article 8, the terms, methods of exercise, methods of settlement, form of consideration payable in settlement, and any other terms and conditions of
any Stock Appreciation Right shall be determined by the Committee at the time of the grant of the Award and shall be reflected in the Award Certificate. 
 ARTICLE 9 
 PERFORMANCE AWARDS 
 9.1. GRANT OF PERFORMANCE AWARDS. The Committee is authorized to grant any Award under this Plan, including cash-based Awards, on such terms and
conditions as may be selected by the Committee. The Committee shall have the complete discretion to determine the number of Performance Awards granted to each Participant, subject to Section 5.4, and to designate the provisions of such
Performance Awards as provided in Section 4.3. All Performance Awards shall be evidenced by an Award Certificate or a written program established by the Committee, pursuant to which Performance Awards are awarded under the Plan under uniform
terms, conditions and restrictions set forth in such written program. 
 9.2. PERFORMANCE GOALS. The Committee may establish
performance goals for Performance Awards which may be based on any criteria selected by the Committee. Such performance goals may be described in terms of Company-wide objectives or in terms of objectives that relate to the performance of the
Participant, an 

  

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Affiliate or a division, region, department or function within the Company or an Affiliate. If the Committee determines that a change in the business,
operations, corporate structure or capital structure of the Company or the manner in which the Company or an Affiliate conducts its business, or other events or circumstances render performance goals to be unsuitable, the Committee may modify such
performance goals in whole or in part, as the Committee deems appropriate. If a Participant is promoted, demoted or transferred to a different business unit or function during a performance period, the Committee may determine that the performance
goals or performance period are no longer appropriate and may (i) adjust, change or eliminate the performance goals or the applicable performance period as it deems appropriate to make such goals and period comparable to the initial goals and
period, or (ii) make a cash payment to the participant in an amount determined by the Committee. The foregoing two sentences shall not apply with respect to a Performance Award that is intended to be a Qualified Performance-Based Award if the
recipient of such award (a) was a Covered Employee on the date of the modification, adjustment, change or elimination of the performance goals or performance period, or (b) in the reasonable judgment of the Committee, may be a Covered
Employee on the date the Performance Award is expected to be paid. 
 ARTICLE 10 
 RESTRICTED STOCK, RESTRICTED STOCK UNITS AND DEFERRED 
 STOCK UNITS 
 10.1. GRANT OF RESTRICTED STOCK, RESTRICTED STOCK UNITS AND DEFERRED STOCK
UNITS. The Committee is authorized to make Awards of Restricted Stock, Restricted Stock Units or Deferred Stock Units to Participants in such amounts and subject to such terms and conditions as may be selected by the Committee. An Award of
Restricted Stock, Restricted Stock Units or Deferred Stock Units shall be evidenced by an Award Certificate setting forth the terms, conditions, and restrictions applicable to the Award. 
 10.2. ISSUANCE AND RESTRICTIONS. Restricted Stock, Restricted Stock Units or Deferred Stock
Units shall be subject to such restrictions on transferability and other restrictions as the Committee may impose (including, without limitation, limitations on the right to vote Restricted Stock or the right to receive dividends on the Restricted
Stock). These restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, upon the satisfaction of performance goals or otherwise, as the Committee determines at the time of the grant of the
Award or thereafter. Except as otherwise provided in an Award Certificate or any special Plan document governing an Award, the Participant shall have all of the rights of a shareholder with respect to the Restricted Stock, and the Participant shall
have none of the rights of a shareholder with respect to Restricted Stock Units or Deferred Stock Units until such time as Shares of Stock are paid in settlement of the Restricted Stock Units or Deferred Stock Units. Unless otherwise provided in the
applicable Award Certificate, Awards of Restricted Stock will be entitled to full dividend rights and any dividends paid thereon will be paid or distributed to the holder no later than the end of the calendar year in which the dividends are paid to
shareholders or, if later, the 15th day of the third month following the date the dividends are paid to shareholders. 
  

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 10.3. FORFEITURE. Except as otherwise determined by the Committee at the time of the grant of the
Award or thereafter, upon termination of Continuous Status as a Participant during the applicable restriction period or upon failure to satisfy a performance goal during the applicable restriction period, Restricted Stock or Restricted Stock Units
that are at that time subject to restrictions shall be forfeited. 
 10.4. DELIVERY OF RESTRICTED STOCK. Shares of Restricted Stock
shall be delivered to the Participant at the time of grant either by book-entry registration or by delivering to the Participant, or a custodian or escrow agent (including, without limitation, the Company or one or more of its employees) designated
by the Committee, a stock certificate or certificates registered in the name of the Participant. If physical certificates representing shares of Restricted Stock are registered in the name of the Participant, such certificates must bear an
appropriate legend referring to the terms, conditions, and restrictions applicable to such Restricted Stock. 
 ARTICLE 11 

QUALIFIED PERFORMANCE-BASED AWARDS 
 11.1. OPTIONS AND STOCK APPRECIATION RIGHTS. The provisions of the Plan are intended to ensure that all Options and Stock Appreciation Rights granted hereunder to any Covered Employee shall qualify for the Section 162(m)
Exemption. 
 11.2. OTHER AWARDS. When granting any other Award, the Committee may designate such Award as a Qualified
Performance-Based Award, based upon a determination that the recipient is or may be a Covered Employee with respect to such Award, and the Committee wishes such Award to qualify for the Section 162(m) Exemption. If an Award is so designated,
the Committee shall establish performance goals for such Award within the time period prescribed by Section 162(m) of the Code based on one or more of the following Qualified Business Criteria, which may be expressed in terms of Company-wide
objectives or in terms of objectives that relate to the performance of an Affiliate or a division, region, department or function within the Company or an Affiliate: 
 — Earnings per share 
 — EBITDA (earnings before interest, taxes, depreciation and amortization) 
 — EBIT
(earnings before interest and taxes) 
 — Economic profit 
 — Cash flow 
 — Sales growth 
 — Net profit before tax 
 — Gross profit 
  

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 — Operating income or profit 
 — Return on equity 
 — Return on assets 
 — Return on capital 
 — Changes in working capital 
 — Stockholder return 
 — Number of customer connections 
 — Average revenue per unit 
 — Operating expense per connection 
 — Capital expenditure per net additional
connection 
 Performance goals with respect to the foregoing Qualified Business Criteria may be specified in absolute terms, in percentages,
or in terms of growth from period to period or growth rates over time, as well as measured relative to an established or specially-created performance index of Company competitors or peers. Any member of an index that disappears during a measurement
period shall be disregarded for the entire measurement period. Performance Goals need not be based upon an increase or positive result under a business criterion and could include, for example, the maintenance of the status quo or the limitation of
economic losses (measured, in each case, by reference to a specific business criterion). 
 11.3. PERFORMANCE GOALS. Each Qualified
Performance-Based Award (other than a market-priced Option or SAR) shall be earned, vested and payable (as applicable) only upon the achievement of performance goals established by the Committee based upon one or more of the Qualified Business
Criteria, together with the satisfaction of any other conditions, such as continued employment, as the Committee may determine to be appropriate; provided, however, that the Committee may provide, either in connection with the grant thereof or by
amendment thereafter, that achievement of such performance goals will be waived upon the death or Disability of the Participant, or upon the occurrence of a Change in Control. Performance periods established by the Committee for any such Qualified
Performance-Based Award may be as short as three months and may be any longer period. In addition, the Committee has the right, in connection with the grant of a Qualified Performance-Based Award, to exercise negative discretion to determine that
the portion of such Award actually earned, vested and/or payable (as applicable) shall be less than the portion that would be earned, vested and/or payable based solely upon application of the applicable performance goals. 
 11.4. INCLUSIONS AND EXCLUSIONS FROM PERFORMANCE CRITERIA. The Committee may provide in any Qualified Performance-Based Award that any evaluation
of performance will include or exclude any of the following events that occurs during a performance period: (a) asset write-downs or impairment charges; (b) litigation or claim judgments or settlements; (c) the effect of changes in
tax laws, accounting principles or other laws or provisions affecting reported results; (d) accruals for reorganization and restructuring programs; (e) extraordinary nonrecurring items as described in Accounting Principles Board Opinion
No. 30 and/or in management’s 

  

 - 17 - 

 
discussion and analysis of financial condition and results of operations appearing in the Company’s annual report to shareholders for the applicable
year; (f) acquisitions or divestitures; and (g) foreign exchange gains and losses. To the extent such inclusions or exclusions affect Awards to Covered Employees, they shall be prescribed in a form that meets the requirements of Code
Section 162(m) for deductibility. 
 11.5. CERTIFICATION OF PERFORMANCE GOALS. Any payment of a Qualified Performance-Based Award
granted with performance goals pursuant to Section 11.3 above shall be conditioned on the written certification of the Committee in each case that the performance goals and any other material conditions were satisfied. Except as specifically
provided in Section 11.3, no Qualified Performance-Based Award held by a Covered Employee or by an employee who in the reasonable judgment of the Committee may be a Covered Employee on the date of payment, may be amended, nor may the Committee
exercise any discretionary authority it may otherwise have under the Plan with respect to a Qualified Performance-Based Award under the Plan, in any manner to waive the achievement of the applicable performance goal based on Qualified Business
Criteria or to increase the amount payable pursuant thereto or the value thereof, or otherwise in a manner that would cause the Qualified Performance-Based Award to cease to qualify for the Section 162(m) Exemption. 
 11.6. AWARD LIMITS. Section 5.4 sets forth (i) the maximum number of Shares that may be granted in any one-year period to a Participant
in designated forms of stock-based Awards, and (ii) the maximum aggregate dollar amount that may be paid with respect to cash-based Awards under the Plan to any one Participant in any fiscal year of the Company. 
 ARTICLE 12 
 DIVIDEND EQUIVALENTS

 12.1. GRANT OF DIVIDEND EQUIVALENTS. The Committee is authorized to
grant Dividend Equivalents to Participants with respect to Full Value Awards granted hereunder, subject to such terms and conditions as may be selected by the Committee. Dividend Equivalents shall entitle the Participant to receive payments equal to
dividends with respect to all or a portion of the number of Shares subject to a Full Value Award, as determined by the Committee. The Committee may provide that Dividend Equivalents be paid or distributed when accrued or be deemed to have been
reinvested in additional Shares, or otherwise reinvested. Unless otherwise provided in the applicable Award Certificate, Dividend Equivalents will be paid or distributed no later than the 15th
 day of the 3rd month following the later of (i) the calendar year in which the corresponding
dividends were paid to shareholders, or (ii) the first calendar year in which the Participant’s right to such Dividends Equivalents is no longer subject to a substantial risk of forfeiture. 
  

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 ARTICLE 13 
 STOCK OR OTHER STOCK-BASED AWARDS 
 13.1. GRANT OF STOCK OR OTHER STOCK-BASED AWARDS. The
Committee is authorized, subject to limitations under applicable law, to grant to Participants such other Awards that are payable in, valued in whole or in part by reference to, or otherwise based on or related to Shares, as deemed by the Committee
to be consistent with the purposes of the Plan, including without limitation Shares awarded purely as a “bonus” and not subject to any restrictions or conditions, convertible or exchangeable debt securities, other rights convertible or
exchangeable into Shares, and Awards valued by reference to book value of Shares or the value of securities of or the performance of specified Parents or Subsidiaries. The Committee shall determine the terms and conditions of such Awards.

 ARTICLE 14 
 PROVISIONS APPLICABLE TO AWARDS 
 14.1. TERM OF AWARD. The term of each Award shall be for the period as determined
by the Committee, provided that in no event shall the term of any Option or a Stock Appreciation Right exceed a period of ten years from its Grant Date. 
 14.2. FORM OF PAYMENT FOR AWARDS. At the discretion of the Committee, payment of Awards may be made in cash, Stock, a combination of cash and Stock, or any other form of property as the Committee shall
determine. In addition, payment of Awards may include such terms, conditions, restrictions and/or limitations, if any, as the Committee deems appropriate, including, in the case of Awards paid in the form of Stock, restrictions on transfer and
forfeiture provisions. Further, payment of Awards may be made in the form of a lump sum, or in installments, as determined by the Committee 
 14.3. LIMITS ON TRANSFER. No right or interest of a Participant in any unexercised or restricted Award may be pledged, encumbered, or hypothecated to or in favor of any party other than the Company or an Affiliate, or shall be
subject to any lien, obligation, or liability of such Participant to any other party other than the Company or an Affiliate. No unexercised or restricted Award shall be assignable or transferable by a Participant other than by will or the laws of
descent and distribution or, except in the case of an Incentive Stock Option, pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Award under the Plan; provided, however, that
the Committee may (but need not) permit other transfers (other than transfers for value) where the Committee concludes that such transferability (i) does not result in accelerated taxation, (ii) does not cause any Option intended to be an
Incentive Stock Option to fail to be described in Code Section 422(b), and (iii) is otherwise appropriate and desirable, taking into account any factors deemed relevant, including without limitation, state or federal tax or securities laws
applicable to transferable Awards. 
  

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 14.4. BENEFICIARIES. Notwithstanding Section 14.3, a Participant may, in the manner
determined by the Committee, designate a beneficiary to exercise the rights of the Participant and to receive any distribution with respect to any Award upon the Participant’s death by filing a beneficiary designation form, in such form as
determined by the Committee, with the Company. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the Plan is subject to all terms and conditions of the Plan and any Award Certificate applicable to the
Participant, except to the extent the Plan and Award Certificate otherwise provide, and to any additional restrictions deemed necessary or appropriate by the Committee. If no beneficiary has been designated or survives the Participant, payment shall
be made in accordance with applicable law. Subject to the foregoing, a beneficiary designation may be changed or revoked by a Participant at any time provided the change or revocation is filed. 
 14.5. STOCK TRADING RESTRICTIONS. All Stock issuable under the Plan is subject to any stop-transfer orders and other restrictions as the Committee
deems necessary or advisable to comply with federal or state securities laws, rules and regulations and the rules of any national securities exchange or automated quotation system on which the Stock is listed, quoted, or traded. The Committee may
place legends on any Stock certificate or issue instructions to the transfer agent to reference restrictions applicable to the Stock. 
 14.6. ACCELERATION UPON DEATH OR DISABILITY. Except as otherwise provided in the Award Certificate or any special Plan document governing an Award, upon the termination of a person’s Continuous Status as a Participant by reason
of death or Disability: 
 (i) all of that Participant’s outstanding Options, SARs, and other Awards in the nature of
rights that may be exercised shall become fully exercisable, and shall thereafter remain exercisable for a period of one (1) year or until the earlier expiration of the original term of the Option or SAR; 
 (ii) all time-based vesting restrictions on that Participant’s outstanding Awards shall lapse as of the date of termination; and

 (iii) the payout opportunities attainable under all of that Participant’s outstanding performance-based Awards shall
be deemed to have been fully earned as of the date of termination as follows: 
 (A) if the date of termination occurs during
the first half of the applicable performance period, all relevant performance goals will be deemed to have been achieved at the “target” level, and 
 (B) if the date of termination occurs during the second half of the applicable performance period, the actual level of achievement of all
relevant performance goals against target will be measured as of the end of the calendar quarter immediately preceding the date of termination, and 
  

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 (C) in either such case, there shall be a prorata payout to the Participant or his or her
estate within sixty (60) days following the date of termination (unless a later date is required by Section 17.4 hereof), based upon the length of time within the performance period that has elapsed prior to the date of termination.

 Any Awards shall thereafter continue or lapse in accordance with the other provisions of the Plan and the Award Certificate. To the extent
that this provision causes Incentive Stock Options to exceed the dollar limitation set forth in Code Section 422(d), the excess Options shall be deemed to be Nonstatutory Stock Options. 
 14.7. EFFECT OF A CHANGE IN CONTROL. The provisions of this Section 14.7 shall apply in the case of a Change in Control, unless otherwise
provided in the Award Certificate or any special Plan document or separate agreement with a Participant governing an Award. 
 (a) Awards not Assumed or Substituted by Surviving Entity. Upon the occurrence of a Change in Control, and except with respect to any Awards assumed by the Surviving Entity or otherwise equitably converted or substituted in
connection with the Change in Control in a manner approved by the Committee or the Board: (i) outstanding Options, SARs, and other Awards in the nature of rights that may be exercised shall become fully exercisable, (ii) time-based vesting
restrictions on outstanding Awards shall lapse, and (iii) the target payout opportunities attainable under all outstanding performance-based Awards shall be deemed to have been fully earned as of the date of the Change in Control based upon an
assumed achievement of all relevant performance goals at the “target” level and, subject to Section 17.4, there shall be a pro rata payout to Participants within sixty (60) days following the date of termination (unless a later
date is required by Section 17.4 hereof) based upon the length of time within the performance period that has elapsed prior to the date of the Change in Control. Any Awards shall thereafter continue or lapse in accordance with the other
provisions of the Plan and the Award Certificate. To the extent that this provision causes Incentive Stock Options to exceed the dollar limitation set forth in Code Section 422(d), the excess Options shall be deemed to be Nonstatutory Stock
Options. 
 (b) Awards Assumed or Substituted by Surviving Entity. With respect to Awards assumed by the Surviving
Entity or otherwise equitably converted or substituted in connection with a Change in Control: if within two years after the effective date of the Change in Control, a Participant’s employment is terminated without Cause or (subject to the
following sentence) the Participant resigns for Good Reason, then (i) all of that Participant’s outstanding Options, SARs and 

  

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other Awards in the nature of rights that may be exercised shall become fully exercisable, (ii) all time-based vesting restrictions on the his or her
outstanding Awards shall lapse, and (iii) the target payout opportunities attainable under all of such Participant’s outstanding performance-based Awards shall be deemed to have been fully earned as of the date of termination based upon an
assumed achievement of all relevant performance goals at the “target” level and there shall be a pro rata payout to the Participant or his or her estate within sixty (60) days following the date of termination (unless a later date is
required by Section 17.4 hereof) based upon the length of time within the performance period that has elapsed prior to the date of termination. With regard to each Award, a Participant shall not be considered to have resigned for Good Reason
unless either (i) the Award Certificate includes such provision or (ii) the Participant is party to an employment, severance or similar agreement with the Company or an Affiliate that includes provisions in which the Participant is
permitted to resign for Good Reason. Any Awards shall thereafter continue or lapse in accordance with the other provisions of the Plan and the Award Certificate. To the extent that this provision causes Incentive Stock Options to exceed the dollar
limitation set forth in Code Section 422(d), the excess Options shall be deemed to be Nonstatutory Stock Options. 
 14.8.
ACCELERATION FOR OTHER REASONS. Regardless of whether an event has occurred as described in Section 14.6 or 14.7 above, and subject to Section 11.3 as to Qualified Performance-Based Awards, the Committee may in its sole discretion
at any time determine that, upon termination of service of a Participant, or the occurrence of a Change in Control, all or a portion of such Participant’s Options, SARs and other Awards in the nature of rights that may be exercised shall become
fully or partially exercisable, that all or a part of the restrictions on all or a portion of the Participant’s outstanding Awards shall lapse, and/or that any performance-based criteria with respect to any Awards held by that Participant shall
be deemed to be wholly or partially satisfied, in each case, as of such date as the Committee may, in its sole discretion, declare. The Committee may discriminate among Participants and among Awards granted to a Participant in exercising its
discretion pursuant to this Section 14.8. 
 14.9. TERMINATION OF EMPLOYMENT. Whether military, government or other service or
other leave of absence shall constitute a termination of employment shall be determined in each case by the Committee at its discretion, and any determination by the Committee shall be final and conclusive. A Participant’s Continuous Status as
a Participant shall not be deemed to terminate (i) in a circumstance in which a Participant transfers from the Company to an Affiliate, transfers from an Affiliate to the Company, or transfers from one Affiliate to another Affiliate, or
(ii) in the discretion of the Committee as specified at or prior to such occurrence, in the case of a spin-off, sale or disposition of the Participant’s employer from the Company or any Affiliate. To the extent that this provision causes
Incentive Stock Options to extend beyond three months from the date a Participant is deemed to be an employee of the Company, a Parent or Subsidiary for purposes of Sections 424(e) and 424(f) of the Code, the Options held by such Participant shall
be deemed to be Nonstatutory Stock Options. 
  

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 14.10. SUBSTITUTE AWARDS. The Committee may grant Awards under the Plan in substitution for stock
and stock-based awards held by employees of another entity who become employees of the Company or an Affiliate as a result of a merger or consolidation of the former employing entity with the Company or an Affiliate or the acquisition by the Company
or an Affiliate of property or stock of the former employing corporation. The Committee may direct that the substitute awards be granted on such terms and conditions as the Committee considers appropriate in the circumstances. 
 ARTICLE 15 
 CHANGES IN CAPITAL
STRUCTURE 
 15.1. MANDATORY ADJUSTMENTS. In the event of a nonreciprocal transaction between the Company and its stockholders
that causes the per-share value of the Stock to change (including, without limitation, any stock dividend, stock split, spin-off, rights offering, or large nonrecurring cash dividend), the authorization limits under Section 5.1 and 5.4 shall be
adjusted proportionately, and the Committee shall make such adjustments to the Plan and Awards as it deems necessary, in its sole discretion, to prevent dilution or enlargement of rights immediately resulting from such transaction. Action by the
Committee may include: (i) adjustment of the number and kind of shares that may be delivered under the Plan; (ii) adjustment of the number and kind of shares subject to outstanding Awards; (iii) adjustment of the exercise price of
outstanding Awards or the measure to be used to determine the amount of the benefit payable on an Award; and (iv) any other adjustments that the Committee determines to be equitable. Without limiting the foregoing, in the event of a subdivision
of the outstanding Stock (stock-split), a declaration of a dividend payable in Shares, or a combination or consolidation of the outstanding Stock into a lesser number of Shares, the authorization limits under Section 5.1 and 5.4 shall
automatically be adjusted proportionately, and the Shares then subject to each Award shall automatically, without the necessity for any additional action by the Committee, be adjusted proportionately without any change in the aggregate purchase
price therefor. 
 15.2 DISCRETIONARY ADJUSTMENTS. Upon the occurrence or in anticipation of any corporate event or transaction
involving the Company (including, without limitation, any merger, reorganization, recapitalization, combination or exchange of shares, or any transaction described in Section 15.1), the Committee may, in its sole discretion, provide
(i) that Awards will be settled in cash rather than Stock, (ii) that Awards will become immediately vested and exercisable and will expire after a designated period of time to the extent not then exercised, (iii) that Awards will be
assumed by another party to a transaction or otherwise be equitably converted or substituted in connection with such transaction, (iv) that outstanding Awards may be settled by payment in cash or cash equivalents equal to the excess of the Fair
Market Value of the underlying Stock, as of a specified date associated with the transaction, over the exercise price of the Award, (v) that performance targets and performance periods for 

  

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Performance Awards will be modified, consistent with Code Section 162(m) where applicable, or (vi) any combination of the foregoing. The
Committee’s determination need not be uniform and may be different for different Participants whether or not such Participants are similarly situated. 
 15.3 GENERAL. Any discretionary adjustments made pursuant to this Article 15 shall be subject to the provisions of Section 16.2. To the extent that any adjustments made pursuant to this Article 15 cause
Incentive Stock Options to cease to qualify as Incentive Stock Options, such Options shall be deemed to be Nonstatutory Stock Options. 
 ARTICLE 16 
 AMENDMENT, MODIFICATION AND TERMINATION 
 16.1. AMENDMENT, MODIFICATION AND TERMINATION. The Board or the Committee may, at any time and from time to time, amend, modify or terminate the
Plan without shareholder approval; provided, however, that if an amendment to the Plan would, in the reasonable opinion of the Board or the Committee, constitute a material change requiring shareholder approval under applicable laws, policies or
regulations or the applicable listing or other requirements of an Exchange, then such amendment shall be subject to shareholder approval; and provided, further, that the Board or Committee may condition any other amendment or modification on the
approval of shareholders of the Company for any reason, including by reason of such approval being necessary or deemed advisable (i) to comply with the listing or other requirements of an Exchange, or (ii) to satisfy any other tax,
securities or other applicable laws, policies or regulations. 
 16.2. AWARDS PREVIOUSLY GRANTED. At any time and from time to time,
the Committee may amend, modify or terminate any outstanding Award without approval of the Participant; provided, however: 
 (a) Subject to the terms of the applicable Award Certificate, such amendment, modification or termination shall not, without the Participant’s consent, reduce or diminish the value of such Award determined as if the Award had been
exercised, vested, cashed in or otherwise settled on the date of such amendment or termination (with the per-share value of an Option or SAR for this purpose being calculated as the excess, if any, of the Fair Market Value as of the date of such
amendment or termination over the exercise or base price of such Award); 
 (b) The original term of an Option or SAR may not
be extended without the prior approval of the shareholders of the Company; 
 (c) Except as otherwise provided in Article 15,
the exercise price of an Option or SAR may not be reduced, directly or indirectly, without the prior approval of the shareholders of the Company; and 
  

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 (d) No termination, amendment, or modification of the Plan shall adversely affect any
Award previously granted under the Plan, without the written consent of the Participant affected thereby. An outstanding Award shall not be deemed to be “adversely affected” by a Plan amendment if such amendment would not reduce or
diminish the value of such Award determined as if the Award had been exercised, vested, cashed in or otherwise settled on the date of such amendment (with the per-share value of an Option or SAR for this purpose being calculated as the excess, if
any, of the Fair Market Value as of the date of such amendment over the exercise or base price of such Award). 
 16.3. COMPLIANCE
AMENDMENTS. Notwithstanding anything in the Plan or in any Award Certificate to the contrary, the Board may amend the Plan or an Award Certificate, to take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of
conforming the Plan or Award Certificate to any present or future law relating to plans of this or similar nature (including, but not limited to, Section 409A of the Code), and to the administrative regulations and rulings promulgated
thereunder. By accepting an Award under this Plan, a Participant agrees to any amendment made pursuant to this Section 16.3 to any Award granted under the Plan without further consideration or action. 
 ARTICLE 17 
 GENERAL PROVISIONS 

 17.1. NO RIGHTS TO AWARDS; NON-UNIFORM DETERMINATIONS. No Participant or any Eligible Participant shall have any claim to be
granted any Award under the Plan. Neither the Company, its Affiliates nor the Committee is obligated to treat Participants or Eligible Participants uniformly, and determinations made under the Plan may be made by the Committee selectively among
Eligible Participants who receive, or are eligible to receive, Awards (whether or not such Eligible Participants are similarly situated). 
 17.2. NO SHAREHOLDER RIGHTS. No Award gives a Participant any of the rights of a shareholder of the Company unless and until Shares are in fact issued to such person in connection with such Award. 
 17.3. WITHHOLDING. The Company or any Affiliate shall have the authority and the right to deduct or withhold, or require a Participant to remit to
the Company, an amount sufficient to satisfy federal, state, and local taxes (including the Participant’s FICA obligation) required by law to be withheld with respect to any exercise, lapse of restriction or other taxable event arising as a
result of the Plan. If Shares are surrendered to the Company to satisfy tax obligations in excess of the minimum tax withholding obligation, such Shares must have been held by the Participant as fully vested shares for such period of time, if any,
as necessary to avoid the recognition of an expense under generally accepted accounting principles. The Company shall have the authority to require a Participant to remit cash to the Company in lieu of the surrender of Shares for 

  

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taxes if the surrender of Shares for such purpose would result in the Company’s recognition of expense under generally accepted accounting principles.
With respect to withholding required upon any taxable event under the Plan, the Committee may, at the time the Award is granted or thereafter, require or permit that any such withholding requirement be satisfied, in whole or in part, by withholding
from the Award Shares having a Fair Market Value on the date of withholding equal to the minimum amount (and not any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Committee establishes.

 17.4. SPECIAL PROVISIONS RELATED TO SECTION 409A OF THE CODE. 
 (a) Notwithstanding anything in the Plan or in any Award Certificate to the contrary, to the extent that any amount or benefit that would constitute
non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable under the Plan or any Award Certificate by reason of the occurrence of a Change in Control, or the
Participant’s Disability or separation from service, such amount or benefit will not be payable or distributable to the Participant by reason of such circumstance unless (i) the circumstances giving rise to such Change in Control,
Disability or separation from service meet any description or definition of “change in control event”, “disability” or “separation from service”, as the case may be, in Section 409A of the Code and applicable
regulations (without giving effect to any elective provisions that may be available under such definition), or (ii) the payment or distribution of such amount or benefit would be exempt from the application of Section 409A of the Code by
reason of the short-term deferral exemption or otherwise. This provision does not prohibit the vesting of any Award upon a Change in Control, Disability or separation from service, however defined. If this provision prevents the payment or
distribution of any amount or benefit, such payment or distribution shall be made on the next earliest payment or distribution date or event specified in the Award Certificate that is permissible under Section 409A. 
 (b) If any one or more Awards granted under the Plan to a Participant could qualify for any separation pay exemption described in Treas. Reg.
Section 1.409A-1(b)(9), but such Awards in the aggregate exceed the dollar limit permitted for the separation pay exemptions, the Company (acting through the Committee or the Head of Human Resources) shall determine which Awards or portions
thereof will be subject to such exemptions. 
 (c) Notwithstanding anything in the Plan or in any Award Certificate to the contrary, if any
amount or benefit that would constitute non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable under this Plan or any Award Certificate by reason of a Participant’s
separation from service during a period in which the Participant is a Specified Employee (as defined below), then, subject to any permissible acceleration of payment by the Committee under Treas. Reg. Section 1.409A-3(j)(4)(ii) (domestic
relations order), (j)(4)(iii) (conflicts of interest), or (j)(4)(vi) (payment of employment taxes): 
 (i) if the payment or distribution is
payable in a lump sum, the Participant’s right to receive payment or distribution of such non-exempt deferred compensation will be delayed until the earlier of the Participant’s death or the first day of the seventh month following the
Participant’s separation from service; and 
  

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 (ii) if the payment or distribution is payable over time, the amount of such non-exempt deferred
compensation that would otherwise be payable during the six-month period immediately following the Participant’s separation from service will be accumulated and the Participant’s right to receive payment or distribution of such accumulated
amount will be delayed until the earlier of the Participant’s death or the first day of the seventh month following the Participant’s separation from service, whereupon the accumulated amount will be paid or distributed to the Participant
and the normal payment or distribution schedule for any remaining payments or distributions will resume. 
 For purposes of this Plan, the
term “Specified Employee” has the meaning given such term in Code Section 409A and the final regulations thereunder, provided, however, that, as permitted in such final regulations, the Company’s Specified Employees and
its application of the six-month delay rule of Code Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Board or any committee of the Board, which shall be applied consistently with respect to all nonqualified
deferred compensation arrangements of the Company, including this Plan. 
 (d) Eligible Participants who are service providers to an
Affiliate may be granted Options or SARs under this Plan only if the Affiliate qualifies as an “eligible issuer of service recipient stock” within the meaning of §1.409A-1(b)(5)(iii)(E) of the final regulations under Code
Section 409A. 
 17.5. NO RIGHT TO CONTINUED SERVICE. Nothing in the Plan, any Award Certificate or any other document or
statement made with respect to the Plan, shall interfere with or limit in any way the right of the Company or any Affiliate to terminate any Participant’s employment or status as an officer, director or consultant at any time, nor confer upon
any Participant any right to continue as an employee, officer, director or consultant of the Company or any Affiliate, whether for the duration of a Participant’s Award or otherwise. 
 17.6. UNFUNDED STATUS OF AWARDS. The Plan is intended to be an “unfunded” plan for incentive and deferred compensation. With respect to
any payments not yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award Certificate shall give the Participant any rights that are greater than those of a general creditor of the Company or any Affiliate. This
Plan is not intended to be subject to ERISA. 
  

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 17.7. RELATIONSHIP TO OTHER BENEFITS. No payment under the Plan shall be taken into account in
determining any benefits under any pension, retirement, savings, profit sharing, group insurance, welfare or benefit plan of the Company or any Affiliate unless provided otherwise in such other plan. 
 17.8. EXPENSES. The expenses of administering the Plan shall be borne by the Company and its Affiliates. 
 17.9. TITLES AND HEADINGS. The titles and headings of the Sections in the Plan are for convenience of reference only, and in the event of any
conflict, the text of the Plan, rather than such titles or headings, shall control. 
 17.10. GENDER AND NUMBER. Except where
otherwise indicated by the context, any masculine term used herein also shall include the feminine; the plural shall include the singular and the singular shall include the plural. 
 17.11. FRACTIONAL SHARES. No fractional Shares shall be issued and the Committee shall determine, in its discretion, whether cash shall be given
in lieu of fractional Shares or whether such fractional Shares shall be eliminated by rounding up or down. 
 17.12. GOVERNMENT AND OTHER
REGULATIONS. 
 (a) Notwithstanding any other provision of the Plan, no Participant who acquires Shares pursuant to the
Plan may, during any period of time that such Participant is an affiliate of the Company (within the meaning of the rules and regulations of the Securities and Exchange Commission under the 1933 Act), sell such Shares, unless such offer and sale is
made (i) pursuant to an effective registration statement under the 1933 Act, which is current and includes the Shares to be sold, or (ii) pursuant to an appropriate exemption from the registration requirement of the 1933 Act, such as that
set forth in Rule 144 promulgated under the 1933 Act. 
 (b) Notwithstanding any other provision of the Plan, if at any time
the Committee shall determine that the registration, listing or qualification of the Shares covered by an Award upon any Exchange or under any foreign, federal, state or local law or practice, or the consent or approval of any governmental
regulatory body, is necessary or desirable as a condition of, or in connection with, the granting of such Award or the purchase or receipt of Shares thereunder, no Shares may be purchased, delivered or received pursuant to such Award unless and
until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any condition not acceptable to the Committee. Any Participant receiving or purchasing Shares pursuant to an Award shall make such
representations and agreements and furnish such information as the 

  

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Committee may request to assure compliance with the foregoing or any other applicable legal requirements. The Company shall not be required to issue or
deliver any certificate or certificates for Shares under the Plan prior to the Committee’s determination that all related requirements have been fulfilled. The Company shall in no event be obligated to register any securities pursuant to the
1933 Act or applicable state or foreign law or to take any other action in order to cause the issuance and delivery of such certificates to comply with any such law, regulation or requirement. 
 17.13. GOVERNING LAW. To the extent not governed by federal law, the Plan and all Award Certificates shall be construed in accordance with and
governed by the laws of the State of Delaware. 
 17.14. ADDITIONAL PROVISIONS. Each Award Certificate may contain such other terms
and conditions as the Committee may determine; provided that such other terms and conditions are not inconsistent with the provisions of the Plan. 
 17.15. NO LIMITATIONS ON RIGHTS OF COMPANY. The grant of any Award shall not in any way affect the right or power of the Company to make adjustments, reclassification or changes in its capital or business structure or to merge,
consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets. The Plan shall not restrict the authority of the Company, for proper corporate purposes, to draft or assume awards, other than under the Plan, to or with
respect to any person. If the Committee so directs, the Company may issue or transfer Shares to an Affiliate, for such lawful consideration as the Committee may specify, upon the condition or understanding that the Affiliate will transfer such
Shares to a Participant in accordance with the terms of an Award granted to such Participant and specified by the Committee pursuant to the provisions of the Plan. 
 17.16. INDEMNIFICATION. Each person who is or shall have been a member of the Committee, or of the Board, or an officer of the Company to whom authority was delegated in accordance with Article 4 shall be
indemnified and held harmless by the Company against and from any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit, or proceeding to which he
or she may be a party or in which he or she may be involved by reason of any action taken or failure to act under the Plan and against and from any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid
by him or her in satisfaction of any judgment in any such action, suit, or proceeding against him or her, provided he or she shall give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to
handle and defend it on his or her own behalf, unless such loss, cost, liability, or expense is a result of his or her own willful misconduct or except as expressly provided by statute. The foregoing right of indemnification shall not be exclusive
of any other rights of indemnification to which such persons may be entitled under the Company’s charter or bylaws, as a matter of law, or otherwise, or any power that the Company may have to indemnify them or hold them harmless. 
 *************** 
  

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 The foregoing is hereby acknowledged as being the Knology, Inc. 2008 Incentive Plan as adopted by the
Board on March 28, 2008 and by the shareholders on May 7, 2008. 
  

			
	KNOLOGY, INC.
		
	By:	 	 /s/ Chad S. Wachter

		
	Its:	 	 Vice President, General Counsel and Secretary

  

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