Document:

Exhibit 10.9

 

FINAL FORM – CA
RESIDENTS

 

 

EXPO EVENT HOLDCO,
INC. 

2013 STOCK OPTION PLAN

 

STOCK OPTION AGREEMENT

 

THIS AGREEMENT (the
“Agreement”), effective as of the date of grant set forth on the signature page hereto (the “Date of
Grant”), is between Expo Event Holdco, Inc., a Delaware corporation (together with its successors, the “Company”),
and the individual whose name is set forth on the signature page hereto (the “Optionee”).

 

Section 1.    Grant of Option.
The Company hereby grants to the Optionee the right and option (the “Option”) to purchase all or any part of
an aggregate of such number of Shares (“Option Shares”) as is set forth on the signature page hereto (subject
to adjustment as provided in Section 7 of the Expo Event Holdco, Inc. 2013 Stock Option Plan (the “Plan”)) on
the terms and conditions set forth in this Agreement and in the Plan, a copy of which is being delivered to the Optionee concurrently
herewith and is made a part hereof as if fully set forth herein. The grant shall be effective upon the execution of this Agreement
by both parties hereto. Except as otherwise defined herein, capitalized terms used in this Agreement shall have the same definitions
as set forth in the Plan. The Option is not intended to qualify as an Incentive Stock Option within the meaning of Section 422
of the Code.

 

Section 2.    Purchase Price.
The price (the “Option Price”) at which the Optionee shall be entitled to purchase Option Shares upon the exercise
of the Option shall be the price per Share set forth on the signature page hereto (subject to adjustment as provided in Section 7
of the Plan).

 

Section 3.    Term of Option.
The Option shall be exercisable to the extent and in the manner provided herein until the close of business on the day preceding
the 10th anniversary of the Date of Grant (the “Term”); provided, however, that the
Option may be earlier terminated as provided in Section 6, 7 or 8 hereof.

 

Section 4.    Exercisability of Option.

 

4.1.    Vesting.
Subject to the provisions of this Agreement and the Plan, the Option shall vest and become exercisable in accordance with the following
schedule:

 

(a)    Prior to the first
anniversary of the Date of Grant, the Option may not be exercised;

 

(b)    On or after the
first anniversary of the Date of Grant but before the second anniversary of the Date of Grant, the Option may be exercised to acquire
up to 20% of the aggregate number of Option Shares;

 

(c)    On or after the
second anniversary of the Date of Grant but before the third anniversary of the Date of Grant, the Option may be exercised to acquire
up to 40% of the aggregate number of Option Shares, less any Option Shares previously acquired pursuant to the Option;

 

(d)    On or after the
third anniversary of the Date of Grant but before the fourth anniversary of the Date of Grant, the Option may be exercised to
acquire up to 60% of the aggregate number of Option Shares, less any Option Shares previously acquired pursuant to the Option;

 

(e)    On or after the
fourth anniversary of the Date of Grant but before the fifth anniversary of the Date of Grant, the Option may be exercised to acquire
up to 80% of the aggregate number of Option Shares, less any Option Shares previously acquired pursuant to the Option; and

 

(f)    On or after the
fifth anniversary of the Date of Grant, the Option may be exercised to acquire up to 100% of the aggregate number of Option Shares,
less any Option Shares previously acquired pursuant to the Option.

 

The portion of the Option
which becomes vested and exercisable as described in this Section 4.1 is hereinafter referred to as the “Vested Portion.”

 

    	 

    	 

    

Section 5.    Manner of Exercise and Payment.

 

5.1.    Notice of Exercise.
The Option shall be exercised when written notice of such exercise in substantially the form attached hereto as Exhibit A
or such other form as the Committee may require from time to time (the “Exercise Notice”), signed by the person
entitled to exercise the Option, has been delivered to the Company in accordance with the provisions of Section 9.6 hereof, provided,
further, that with respect to any Participant who is not an Accredited Investor (an “Accredited Investor”) as
that term is defined in Rule 501(a) of Regulation D under the Securities Act, such Exercise Notice shall not become effective and
may be revoked by the Participant by written notice to the Company until the eighth day after the Company has delivered to the
Participant disclosures intended to satisfy the requirements of Rule 701 of the Securities Act (to the extent then applicable).
The Exercise Notice shall state that the Optionee is electing to exercise the Option, shall set forth the number of Option Shares
in respect of which the Option is being exercised and shall be signed by the Optionee or, where applicable, by the Optionee’s
legal representative.

 

5.2.    Deliveries.
The Exercise Notice described in Section 5.1 shall be accompanied by payment of the full Option Price for the Option Shares
in respect of which the Option is being exercised, together with any withholding taxes that may be due as a result of the exercise
of the Option, such payment to be made by delivery to the Company of (a) a certified or bank check payable to the order of the
Company or (b) cash by wire transfer or other immediately available funds to an account designated by the Company.

 

5.3.    Issuance of Shares.
Subject to Section 13.2 of the Plan, upon receipt of the Exercise Notice and full payment for the Option Shares in respect of which
the Option is being exercised, the Company shall take such action as may be necessary under applicable law to cause the issuance
to the Optionee of the number of Option Shares as to which the Option was exercised and the Optionee shall cooperate to the fullest
extent requested by the Company (including by executing such documents and providing such information) as may be necessary to effect
the issuance of such Option Shares in compliance with all applicable law. If the Optionee fails to make any of the deliveries required
by Section 5.2 of this Agreement, the Optionee’s exercise shall not be given effect and the Shares shall not be issued to
the Optionee.

 

5.4.    Shareholder Rights.
The Optionee shall not be deemed to be the holder of, or to have any of the rights of a holder with respect to, any Option Shares
until: (a) the Option shall have been exercised in accordance with the terms of this Agreement and the Optionee shall have paid
the full Option Price for the number of Option Shares in respect of which the Option was exercised and any withholding taxes due,
(b) the Company shall have issued the Option Shares to the Optionee, (c) the Optionee’s name shall have been entered as a
holder of record on the books of the Company and (d) the Optionee shall have entered into the Stockholders’ Agreement. Upon
the occurrence of all of the foregoing events, the Optionee shall have full ownership rights with respect to such Option Shares.

 

Section 6.    Termination.

 

6.1.    Termination.
If the Optionee Terminates, (a) the Option, other than the Vested Portion of the Option, shall terminate and be of no further force
and effect as of and following the close of business on the date of such Termination, and (b) the Vested Portion of the Option
shall be exercisable by the Optionee during the Post-Termination Exercise Period (as defined below), but in no event after the
expiration of the Term. Any portion of the Vested Portion of the Option that, following the Optionee’s Termination, is not
exercised prior to the expiration of the Post-Termination Exercise Period shall terminate at the end of the Post-Termination Exercise
Period. Notwithstanding anything in this Agreement or the Plan to the contrary, the Option, whether or not exercisable, shall immediately
terminate (a) upon a Termination of the Optionee by the Company or a Subsidiary for Cause, (b) in the event that the Optionee violates
any provision of Section 7 hereof or (c) in the event that the Optionee violates any provision of any Restrictive Agreement (as
hereinafter defined).

 

6.2.    “Post-Termination
Exercise Period” shall mean the period commencing on the Optionee’s Termination and ending at the close of business
on the 90th day after the date of the Optionee’s Termination. Notwithstanding anything to the contrary herein,
in the event of the Optionee’s death or Disability, the Post-Termination Exercise Period shall mean the period commencing
on the Optionee’s death or Disability and ending at the close of business on the 180th day after the date of the
Optionee’s death or Disability.

 

    	- 2 -

    	 

    

Section 7.    Prohibited Activities.
In consideration of and as a condition to the grant of the Option, the Optionee agrees to the following covenants:

 

7.1.    No Sale or
Transfer. The Optionee shall not sell, transfer, assign, grant a participation in, gift, hypothecate, encumber, mortgage, create
any lien, pledge, exchange or otherwise dispose of the Option or any portion thereof other than to the extent permitted by Section
6.2 of the Plan or the Stockholders’ Agreement.

 

7.2.    Proprietary
Information. The Optionee agrees that the Optionee will not at any time (a) disclose, directly or indirectly, any Proprietary
Information to any Person other than the Company or executives thereof at the time of such disclosure who, in the reasonable judgment
of the Optionee, need to know such Proprietary Information or such other Persons to whom the Optionee has been specifically instructed
to make disclosure by the Board and in all such cases only to the extent required in the course of the Optionee’s service
to the Company or (b) use any Proprietary Information, directly or indirectly, for the Optionee’s own benefit
or for the benefit of any other Person. Upon the Optionee’s Termination, the Optionee will immediately deliver to the Company
all notes, letters, documents and records which may contain Proprietary Information which are then in the Optionee’s possession
or control and will not retain any copies and summaries thereof. All notes, letters, documents, records, tapes and other media
of every kind and description relating to the business, present or otherwise, of the Company or its Affiliates and any copies,
in whole or in part, thereof (collectively, the “Documents”), whether or not prepared by the Optionee, shall
be the sole and exclusive property of the Company. The Optionee will safeguard all Documents and will surrender to the Company
at the time the Optionee’s employment Terminates, or at such earlier time or times as the Board may specify, all Documents
then in the Optionee’s possession or control.

 

7.3.    Non-Disparagement.
The Optionee shall not at any time make (or cause to be made) to any Person any knowingly disparaging, derogatory or other negative
statement about the Company or its Affiliates. The foregoing shall not be violated by (a) truthful statements in response to legal
process, required governmental testimony or filings, or administrative or arbitral proceedings (including, without limitation,
depositions in connection with such proceedings), or (b) statements that the Optionee in good faith believes are necessary or appropriate
to make in connection with his or her good faith performance of their duties to the Company.

 

7.4.    Right to Terminate
Option. The Optionee understands and agrees that the Company has granted this Option to the Optionee to reward the Optionee
for the Optionee’s future efforts and loyalty to the Company and its Affiliates by giving the Optionee the opportunity to
participate in the potential future appreciation of the Company. Accordingly, if the Optionee (a) engages in any activity prohibited
by Section 7 of this Agreement, (b) breaches or violates any obligations under any Restrictive Agreement to which the Optionee
is a party or (c) is convicted of a felony against the Company or any of its Affiliates, then, in addition to any other rights
and remedies available to the Company, the Company shall be entitled, at its option, exercisable by written notice, to terminate
the Option (including the Vested Portion of the Option), or any unexercised portion thereof, which shall be of no further force
and effect.

 

7.5.    Remedies.
The Optionee specifically acknowledges and agrees that (a) the restrictions set forth in this Section 7 are reasonable and properly
required for the protection of the Company and (b) the Company’s remedies under this Section 7 shall not prevent the Company
or any Subsidiary from seeking injunctive or other equitable relief in connection with the Optionee’s breach of any Restrictive
Agreement. In the event that the provisions of this Section 7 should ever be deemed to exceed the limitation provided by applicable
law, then the Optionee and the Company agree that such provisions shall be reformed to set forth the maximum limitations permitted.

 

For purposes
of this Agreement,

 

“Proprietary
Information” shall mean confidential specifications, know-how, strategic or technical data, marketing research data,
product research and development data, manufacturing techniques, confidential customer lists, sources of supply and trade secrets,
all of which are confidential and may be proprietary and are owned or used by the Company, or any of its Subsidiaries or Affiliates,
and shall include any and all items enumerated in the preceding sentence and coming within the scope of the business of the Company
or any of its Subsidiaries or Affiliates as to which the Optionee may have access, whether conceived or developed by others or
by the Optionee alone or with others during the period of service to the Company, whether or not conceived or developed during
regular working hours. Proprietary Information shall not include any records, data or information which (a) are in the public domain
during or after the period of service by the Optionee provided the same are not in the public domain as a consequence of disclosure
directly or indirectly by the Optionee in violation of this Agreement or (b) were known to the Optionee prior to commencing employment
with the Company.

 

“Restrictive
Agreement” shall mean any agreement between the Company or any Subsidiary and the Optionee that contains non-competition,
non-solicitation, non-hire, non-disparagement or confidentiality restrictions applicable to the Optionee.

 

    	- 3 -

    	 

    

Section 8.    Corporate
Transaction. The provisions of Section 8 of the Plan shall apply to this Option in the event of a Corporate Transaction.

 

Section 9.    Miscellaneous.

 

9.1.    Acknowledgment.
The Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof as
the same may be amended from time to time. The Optionee hereby acknowledges that the Optionee has reviewed the Plan and this Agreement
and understands the Optionee’s rights and obligations thereunder and hereunder. The Optionee also acknowledges that the Optionee
has been provided with such information concerning the Company, the Plan and this Agreement as the Optionee and the Optionee’s
advisors have requested.

 

9.2.    Accredited
Investor. The Optionee has completed Schedule I attached hereto which indicates whether the Optionee is an Accredited
Investor.

 

9.3.    Governing
Law; Submission to Jurisdiction; Waiver of Jury Trial.

 

(a)    Governing Law.
This Agreement shall in all respects be governed by, and construed in accordance with, the laws (excluding conflict of laws rules
and principles) of the State of Delaware applicable to agreements made and to be performed entirely within such State, including
all matters of construction, validity and performance.

 

(b)    Submission
to Jurisdiction; Waiver of Jury Trial. Any litigation against any party to this Agreement arising out of or in any way relating
to this Agreement shall be brought in any federal or state court located in the State of New York in New York County and each of
the parties hereby submits to the exclusive jurisdiction of such courts for the purpose of any such litigation; provided, that
a final judgment in any such litigation shall be conclusive and may be enforced in other jurisdictions by suit on the judgment
or in any other manner provided by law. Each party irrevocably and unconditionally agrees not to assert (i) any objection
which it may ever have to the laying of venue of any such litigation in any federal or state court located in the State of New
York in New York County, (ii) any claim that any such litigation brought in any such court has been brought in an inconvenient
forum and (iii) any claim that such court does not have jurisdiction with respect to such litigation. To the extent that service
of process by mail is permitted by applicable law, each party irrevocably consents to the service of process in any such litigation
in such courts by the mailing of such process by registered or certified mail, postage prepaid, at its address for notices provided
for herein. Each party hereto irrevocably and unconditionally waives any right to a trial by jury and agrees that either of
them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and bargained-for agreement
among the parties irrevocably to waive its right to trial by jury in any litigation.

 

9.4.    Specific Performance.
Each of the parties agrees that any breach of the terms of this Agreement will result in irreparable injury and damage to the other
parties, for which there is no adequate remedy at law. Each of the parties therefore agrees that in the event of a breach or any
threat of breach, the other parties shall be entitled to an immediate injunction and restraining order to prevent such breach,
threatened breach or continued breach, and/or compelling specific performance of the Agreement, without having to prove the inadequacy
of money damages as a remedy or balancing the equities between the parties. Such remedies shall be in addition to any other remedies
(including monetary damages) to which the other parties may be entitled at law or in equity. Each party hereby waives any requirement
for the securing or posting of any bond in connection with any such equitable remedy.

 

9.5.    Severability.
Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law and if the rights or obligations
of any party hereto under this Agreement will not be materially and adversely affected thereby, (a) such provision will be
fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision
had never comprised a part hereof, (c) the remaining provisions of this Agreement will remain in full force and effect and
will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom and (d) in lieu of such
illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable
provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible.

 

    	- 4 -

    	 

    

9.6.    Notice.
Unless otherwise provided herein, all notices and other communications given or made pursuant hereto shall be in writing and shall
be deemed to have been duly given or made (a) as of the date delivered, if delivered personally or by email, (b) on the
date the delivering party receives confirmation, if delivered by facsimile, (c) three business days after being mailed by
registered or certified mail (postage prepaid, return receipt requested) or (d) one business day after being sent by overnight
courier (providing proof of delivery), to the parties at the following addresses (or at such other address for a party as shall
be specified in a notice given in accordance with this Section: 

 

	(a)	 	If to the Company:
	 	 	 
	 	 	Expo Event Holdco, Inc.
	 	 	c/o Onex Partners Advisor LP
	 	 	161 Bay Street
	 	 	Toronto, ON M5J 2S1
	 	 	Facsimile:  (416) 362-5765
	 	 	Attention:  Kosty Gilis 
	 	 	 
	 	 	With a copy to (which shall not constitute notice):
	 	 	 
	 	 	Fried, Frank, Harris, Shriver & Jacobson LLP
	 	 	One New York Plaza
	 	 	New York, New York 10004
	 	 	Facsimile: (212) 859-4000
	 	 	Attention:  Jeffrey Ross, Esq.
	 	 	 
	(b)	 	If to the Optionee,
at the most recent address and facsimile number contained in the Company’s records.

 

9.7.    Binding Effect;
Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of and be enforceable
by the parties hereto and any of their respective successors, personal representatives and permitted assigns who agree in writing
to be bound by the terms hereof. Neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned
by the Optionee without the prior written consent of the Company. In addition, the Investor Group shall be a third party beneficiary
of this Agreement and shall be entitled to enforce this Agreement. In connection with the transfer of any securities of the Company
held by the Investor Group, the Investor Group shall be entitled to assign its rights and obligations hereunder to an Affiliate
of any member of the Investor Group and, to the extent permitted by the Plan, to a third party.

 

9.8.    Amendments and Waivers.
Subject to applicable law, this Agreement and any of the provisions hereof may be amended, modified, or supplemented, in whole
or in part, only in a writing signed by all parties hereto. The waiver by a party hereto of a breach by another party hereto of
any provision of this Agreement shall not operate or be construed as a further or continuing waiver of such breach by such other
party or as a waiver of any other or subsequent breach by such other party, except as otherwise explicitly provided for in the
writing evidencing such waiver. The waiver by a party hereto of a breach by any party hereto of any provision of this Agreement
shall not operate or be construed as a waiver of such breach by any other party hereto except as otherwise explicitly provided
for in the writing evidencing such waiver. Except as otherwise expressly provided herein, no failure on the part of any party to
exercise, and no delay in exercising, any right, power or remedy hereunder, or otherwise available in respect hereof at law or
in equity, shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such party
preclude any other or further exercise thereof or the exercise of any other right, power or remedy.

 

9.9.    Counterparts.
This Agreement may be executed by .pdf or facsimile signatures and in any number of counterparts with the same effect as if all
signatory parties had signed the same document. All counterparts shall be construed together and shall constitute one and the same
instrument.

 

    	- 5 -

    	 

    

9.10.   Entire Agreement.
This Agreement and the Plan constitute the entire agreement between the parties, and supersede all prior agreements and understandings,
oral and written, between the parties hereto with respect to the subject matter hereof.

 

9.11.   Withholding.
Whenever Option Shares are to be issued upon exercise of the Option, the Company shall have the right to require the Optionee to
remit to the Company cash sufficient to satisfy all federal, state and local withholding tax requirements prior to issuance of
the shares of Common Stock and the delivery of any certificate or certificates for such shares of Common Stock. The Optionee agrees
to indemnify the Company against any national, federal, state and local withholding taxes for which the Company may be liable in
connection with the Optionee’s acquisition, ownership or disposition of any Option Shares.

 

9.12.   No Right
to Continued Employment or Business Relationship. This Agreement shall not confer upon the Optionee any right with respect
to continued employment or a continued business relationship with the Company or any Affiliate thereof, nor shall it interfere
in any way with the right of the Company or any Affiliate thereof to Terminate such Optionee at any time.

 

9.13.   General Interpretive
Principles. Whenever used in this Agreement, except as otherwise expressly provided or unless the context otherwise requires,
any noun or pronoun shall be deemed to include the plural as well as the singular and to cover all genders. The headings of the
sections, paragraphs, subparagraphs, clauses and subclauses of this Agreement are for convenience of reference only and shall not
in any way affect the meaning or interpretation of any of the provisions hereof. Unless otherwise specified, the terms “hereof,”
“herein” and similar terms refer to this Agreement as a whole (including the exhibits, schedules and disclosure statements
hereto), and references herein to Sections refer to Sections of this Agreement. Words of inclusion shall not be construed as terms
of limitation herein, so that references to “include,” “includes” and “including” shall not
be limiting and shall be regarded as references to non-exclusive and non-characterizing illustrations.

 

[signature
pages follow]

 

    	- 6 -

    	 

    

FINAL FORM – CA
RESIDENTS

 

IN WITNESS WHEREOF, the parties hereto have
executed this Agreement, effective as of the Date of Grant.

 

	 	EXPO EVENT HOLDCO, INC.
	 	 	 	 
	 	 	 	 
	 	By:	 
	 	 	Name:  	 
	 	 	Title:    	 

 

	Agreed and acknowledged as

of the Date of Grant:	 
	 	 
	 	 
	Name:	 
	 	 
	 	 
	Date of Grant:	 
	 	 
	Shares Subject to the Option:	 
	 	 
	Option Price:	 

 

		·	Tranche 1: [50%] Option Shares at $[1X price paid by Onex]i

 

		·	Tranche 2: [25%] Option Shares at $[1.5X price paid by Onex]

 

		·	Tranche 3: [25%] Option Shares at $[2X price paid by Onex]

 

 

i
NTD: If the Optionee is receiving Matching Options, 100% of the Matching Options go in this Tranche 1.

 

    	 

    	 

    

FINAL FORM – CA
RESIDENTS

 

Schedule
I

 

ACCREDITED INVESTOR
QUESTIONNAIRE

 

Please check
any and all boxes that apply. You must check at least one box:

 

		o	(i) Your individual net worth, or joint net worth with your spouse, as of the date indicated below,
exceeds $1,000,000;

 

For purposes
of this paragraph (i), “net worth” means your assets (excluding the value of your primary residence) minus your liabilities
(excluding any debt secured by your primary residence), provided that:

 

		1)	if the amount of the debt secured by your primary residence is greater than the estimated fair
market value of your primary residence, you must include such excess amount as a liability;

 

		2)	if you borrowed any amount secured by your primary residence within the 60 day period prior to
the date indicated below, you must include such amount as a liability, unless such borrowing results from the acquisition of your
primary residence.

 

If you cease
to have at least $1,000,000 in net worth for any reason between the date indicated below and the date of your equity purchase or
the date your equity award is made, as applicable, including by reason of borrowing additional amounts secured by your primary
residence, you must notify the company of your change in status.

 

		o	(ii) You had individual income[ii]
in excess of $200,000 in each of the two most recent years, or joint income with your spouse in excess of $300,000 in each of those
years, and you have a reasonable expectation of reaching the same income level in the current year; or

 

		o	(iii) None of the statements above apply.

 

 

	 	 
	 	[Optionee]
	 	State of
Residence: CA
	 	Date:
	 	 

 

 

ii
The term “individual income” means adjusted gross income as reported for federal income tax purposes, less any income
attributable to a spouse or to property owned by a spouse, increased by the following amounts (but not including any amounts attributable
to a spouse or to property owned by a spouse), and the term “joint income” means adjusted gross income as reported
for federal income tax purposes, including any income attributable to a spouse or to a property owned by a spouse, increased by
the following amounts (including any amounts attributable to a spouse or to property owned by a spouse): (i) the amount of any
interest income received which is tax exempt under section 103 of the Internal Revenue Code; (ii) the amount of losses claimed
as a limited partner in a limited partnership (as reported on Schedule E of Form 1040); and (iii) any deduction claimed for depletion
under section 611 et seq. of the Internal Revenue Code.

 

    	 

    	 

    

Exhibit A

 

Expo
event holdco, inc. 

NOTICE OF
OPTION EXERCISE

 

Subject to
the terms and conditions hereof, the undersigned (the “Purchaser”) hereby elects to exercise his or her option
to purchase __________ shares (the “Shares”) of Expo Event Holdco, Inc. (the “Company”) under
the Expo Event Holdco, Inc. 2013 Stock Option Plan (the “Plan”) and the Stock Option Agreement dated as of _______________,
(the “Option Agreement”). The purchase price for the Shares shall be $______ per Share for a total purchase
price of $__________ (subject to applicable withholding taxes). The Purchaser tenders herewith payment of the full Option Price
in the form of cash, by check or by wire transfer or, if the Purchaser is permitted pursuant to the Option Agreement, by reducing
the number of Shares to be issued to him hereby by that number of Shares having an aggregate Fair Market Value on the date hereof
equal to the aggregate purchase price of the Shares.

 

In connection with the purchase
of Shares, Purchaser represents and covenants the following:

 

1.    Knowledge
and Representation. If the Purchaser is not an “Accredited Investor” as that term is defined in Rule 501(a) of
Regulation D under the Securities Act of 1933, as amended (the “Securities Act”), the Purchaser acknowledges
that as soon as reasonably practicable following its delivery of this notice, the Company will deliver to the Purchaser disclosures
intended to satisfy the applicable requirements of Rule 701 of the Securities Act (the “Rule 701 Disclosure”)
(to the extent then applicable), in which case the Purchaser understands that he or she may revoke this Notice of Option Exercise
by written notice to the Company until the eighth day following the receipt of the Rule 701 Disclosure. The Purchaser is relying
on his or her own business judgment and knowledge and the advice of his or her own counsel, tax advisors and other advisors, regarding
the risks of an investment in the Company, in making the decision to purchase the Shares. The Purchaser, either alone or with his
or her advisors, has sufficient knowledge and experience in business and financial matters to evaluate the merits and risks of
the purchase of the Shares and has the capacity to protect his or her own interests in connection with such purchase. In furtherance
of the foregoing, the Purchaser represents and warrants that (i) no representation or warranty, express or implied, whether
written or oral, as to the financial condition, results of operations, prospects, properties or business of the Company or as to
the desirability or value of an investment in the Company has been made to the Purchaser by or on behalf of the Company, and (ii) the
Purchaser will continue to bear sole responsibility for making his or her own independent evaluation and monitoring of the risks
of his or her investment in the Company.

 

2.    Investment
Intent. The Purchaser is purchasing the Shares for investment for his or her own account only and not with a view to, or for
resale in connection with, any “distribution” thereof within the meaning of the Securities Act, or under any applicable
provision of state securities laws. The Purchaser does not have any present intention to transfer the Shares to any person or entity.

 

3.    Securities
Laws; Transfer Restrictions. The Purchaser understands that the Shares have not been registered under the Securities Act by
reason of a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of the Purchaser’s
investment intent as expressed herein. The Purchaser acknowledges and understands that the Shares must be held indefinitely unless
(i) they are subsequently registered under the Securities Act or any applicable provision of state securities laws or (ii) an exemption
from such registration is available. The Purchaser further acknowledges and understands that the Company is under no obligation
to register the Shares. In addition, the Purchaser acknowledges and understands that there are substantial restrictions on the
transferability of the Shares under the Company’s Stockholders Agreement, dated as of July 19, 2013, as amended from time
to time (the “Stockholders Agreement”). The Purchaser understands that the certificate or certificates evidencing
the Shares will be imprinted with a legend which prohibits the transfer of the Shares except in compliance with the Securities
Act or applicable state securities laws and except in accordance with the provisions of the Stockholders Agreement, and that the
Company will retain physical possession of the Shares as provided in the Stockholders Agreement.

 

    	 

    	 

    

4.    Tax. The
Purchaser understands that he or she may suffer adverse tax consequences as a result of his or her purchase or disposition of the
Shares. The Purchaser represents that he or she has consulted any tax consultants he or she deems advisable in connection with
the purchase or disposition of the Shares and that he or she is not relying on the Company for any tax advice. Purchaser understands
that, prior to the issuance of any Shares, Purchaser will have to make satisfactory arrangements with the Company to satisfy any
withholding requirements applicable to the exercise of the option.

 

5.    Speculative
Investment. The Purchaser understands that an investment in the Shares is a speculative investment which involves a high degree
of risk of loss of the Purchaser’s investment therein. The Purchaser is able to bear the economic risk of such investment
for an indefinite period of time, including the risk of a complete loss of the Purchaser’s investment in such securities.

 

6.    Underwriter
Lock-Up. The Purchaser agrees (i) to the extent requested in writing by a managing underwriter, if any, of any underwritten
public offering pursuant to a registration or offering of equity securities of the Company not to sell, transfer or otherwise dispose
of, including any sale pursuant to Rule 144 under the Securities Act, the Shares, or any other equity security of the Company or
any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such
underwritten public offering) during the time period reasonably requested by the managing underwriter, not to exceed 180 days or
such shorter period as the Company or any executive officer or director of the Company shall agree to and (ii) to the extent requested
in writing by a managing underwriter of any underwritten public offering effected by the Company for its own account, not to sell
the Shares or any other equity securities of the Company (other than as part of such underwritten public offering) during the time
period reasonably requested by the managing underwriter, which period shall not exceed 180 days or such shorter period as the Company
or any executive officer or director of the Company shall agree to.iii

 

 

iii
In addition, the Stockholders Agreement will provide that, during the three-year period following an Initial Public Offering, the
Purchaser shall be prohibited from selling a number of Shares that at the time of sale is in excess of the greater of (i) 15% of
the total number of Shares held by Purchaser immediately following the IPO, multiplied by the number of 12-month periods that have
elapsed since the IPO, and (ii) a number of Shares determined by multiplying the number of Shares held by the Purchaser immediately
following the IPO by a percentage determined by subtracting from the number one a fraction, the numerator of which is the number
of Shares held by Onex on the date of the Purchaser’s proposed sale of Shares and the denominator of which is the number
of Shares held by Onex immediately following the IPO.

 

    	 

    	 

    

	Please record
the ownership of such Shares in the name of:
	 	 	 	 
	Name:	 
	 	 	 	 
	Address:	 
	 	 	 	 
	Social Security or Tax I.D. Number	 
	 	 	 	 
	 	 	 	 
	 	 	Signature	 
	 	 	 	 
	Dated______________, 20__Exhibit 10.10

 

EXPO EVENT HOLDCO, INC. 

2017 OMNIBUS EQUITY PLAN

 

(Adopted as of ____________, ___)

 

		1.	Purpose.

 

The purpose of the Plan is to assist the Company with attracting,
retaining, incentivizing and motivating officers and employees of, consultants to, and non-employee directors providing services
to, the Company and its Subsidiaries and to promote the success of the Company’s business by providing such participating
individuals with a proprietary interest in the performance of the Company. The Company believes that this incentive program will
cause participating officers, employees, consultants and non-employee directors to increase their interest in the welfare of the
Company and its Subsidiaries and to align those interests with those of the stockholders of the Company and its Subsidiaries.

 

		2.	Definitions.

 

For purposes of the Plan:

 

2.1.          “Adjustment Event” shall have the meaning ascribed to such term in Section 12.1.

 

2.2.          “Award” means, individually or collectively, a grant of an Option, Restricted Stock, a Restricted Stock
Unit, a Stock Appreciation Right, a Performance Award, a Dividend Equivalent Right, a Share Award or any or all of them.

 

2.3.          “Award Agreement” means a written or electronic agreement between the Company and a Participant evidencing
the grant of an Award and setting forth the terms and conditions thereof.

 

2.4.          “Base Price” shall have the meaning ascribed to such term in Section 6.4.

 

2.5.          “Board” means the Board of Directors of the Company.

 

2.6.          “Change in Control” means the occurrence of any of the following:

 

(a)               
An acquisition (other than directly from the Company) of any voting securities of the Company (the “Voting Securities”)
by any Person, immediately after which such Person first acquires “Beneficial Ownership” (within the meaning of Rule
13d-3 promulgated under the Exchange Act) of fifty percent (50%) or more of the combined voting power of the Company’s then-outstanding
Voting Securities; provided, however, that in determining whether a Change in Control has occurred pursuant to this Section 2.7(a),
the acquisition of Voting Securities in a Non-Control Acquisition (as hereinafter defined) shall not constitute a Change in Control.
A “Non-Control Acquisition” shall mean an acquisition by (i) an employee benefit plan (or a trust forming a part thereof)
maintained by (A) the Company or (B) any corporation or other Person the majority of the voting power, voting equity securities
or equity interest of which is owned, directly or indirectly, by the Company (for purposes of this definition, a “Related
Entity”), (ii) the Company or any Related Entity or (iii) any Person in connection with a Non-Control Transaction (as hereinafter
defined);

 

    	 

    	 

    

 

(b)              
The individuals who, as of the Effective Date, are members of the Board (the “Incumbent Board”), cease for any
reason to constitute at least a majority of the members of the Board; provided, however, that if the election, or nomination for
election by the Company’s common stockholders, of any new director was approved by a vote of at least two-thirds of the Incumbent
Board, such new director shall, for purposes of this Plan, be considered as a member of the Incumbent Board; provided further,
however, that no individual shall be considered a member of the Incumbent Board if such individual initially assumed office as
a result of either an actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board
(a “Proxy Contest”) including by reason of any agreement intended to avoid or settle any Proxy Contest;

 

(c)               
The consummation of:

 

(i)                
A merger, consolidation or reorganization (x) with or into the Company or (y) in which securities of the Company are issued
(a “Merger”), unless such Merger is a Non-Control Transaction. A “Non-Control Transaction” shall mean a
Merger in which:

 

		(A)	the stockholders of the Company immediately before such Merger own directly or indirectly immediately following such Merger
at least a majority of the combined voting power of the outstanding voting securities of (1) the corporation resulting from such
Merger (the “Surviving Corporation”), if fifty percent (50%) or more of the combined voting power of the then outstanding
voting securities of the Surviving Corporation is not Beneficially Owned, directly or indirectly, by another Person (a “Parent
Corporation”), or (2) if there is one or more than one Parent Corporation, the ultimate Parent Corporation;

 

		(B)	the individuals who were members of the Board immediately prior to the execution of the agreement providing for such Merger
constitute at least a majority of the members of the board of directors of (1) the Surviving Corporation, if there is no Parent
Corporation, or (2) if there is one or more than one Parent Corporation, the ultimate Parent Corporation; and

 

		(C)	no Person other than (1) the Company or another corporation that is a party to the agreement of Merger, (2) any Related Entity,
(3) any employee benefit plan (or any trust forming a part thereof) that, immediately prior to the Merger, was maintained by the
Company or any Related Entity or (4) any Person who, immediately prior to the Merger, had Beneficial Ownership of Voting Securities
representing more than fifty percent (50%) of the combined voting power of the Company’s then-outstanding Voting Securities,
has Beneficial Ownership, directly or indirectly, of fifty percent (50%) or more of the combined voting power of the outstanding
voting securities of (x) the Surviving Corporation, if there is no Parent Corporation, or (y) if there is one or more than one
Parent Corporation, the ultimate Parent Corporation;

 

    	2

    	 

    

 

(ii)              
A complete liquidation or dissolution of the Company; or

 

(iii)            
The sale or other disposition of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole
to any Person (other than (x) a transfer to a Related Entity or (y) the distribution to the Company’s stockholders of the
stock of a Related Entity or any other assets).

 

Notwithstanding the foregoing, a Change in Control shall not
be deemed to occur solely because any Person (the “Subject Person”) acquired Beneficial Ownership of more than the
permitted amount of the then outstanding Voting Securities as a result of the acquisition of Voting Securities by the Company which,
by reducing the number of Voting Securities then outstanding, increases the proportional number of shares Beneficially Owned by
the Subject Person; provided that if a Change in Control would occur (but for the operation of this sentence) as a result of the
acquisition of Voting Securities by the Company and, after such acquisition by the Company, the Subject Person becomes the Beneficial
Owner of any additional Voting Securities and such Beneficial Ownership increases the percentage of the then outstanding Voting
Securities Beneficially Owned by the Subject Person, then a Change in Control shall occur.

 

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

 

2.8.          “Committee” means the Committee which administers the Plan as provided in Section 3.

 

2.9.          “Company” means Expo Event Holdco, Inc., a Delaware corporation, or any successor thereto.

 

2.10.       
“Consultant” means any consultant or advisor, other than an Employee or Director, who is a natural person
and who renders services to the Company or a Subsidiary that (a) are not in connection with the offer and sale of the Company’s
securities in a capital raising transaction and (b) do not directly or indirectly promote or maintain a market for the Company’s
securities.

 

2.11.       
“Corporate Transaction” means (a) a merger, consolidation, reorganization, recapitalization or other
transaction or event having a similar effect on the Company’s capital stock or (b) a Change in Control.

 

2.12.       
“Covered Employee” means, for any Performance Cycle:

 

(a)               
an Employee who:

 

(i)                
as of the beginning of the Performance Cycle is an officer subject to Section 16 of the Exchange Act, and

 

    	3

    	 

    

 

(ii)              
prior to determining Performance Objectives for the Performance Cycle pursuant to Section 9, the Committee designates as
a Covered Employee for that Performance Cycle; provided that, if the Committee does not make the designation in clause (ii) for
a Performance Cycle, all Employees described in clause (i) shall be deemed to be Covered Employees for purposes of this Plan, and

 

(b)              
any other Employee that the Committee designates as a Covered Employee for that Performance Cycle.

 

2.13.       
“Director” means a member of the Board.

 

2.14.       
“Disability” means, with respect to a Participant, a permanent and total disability as defined in Code
Section 22(e)(3). A determination of Disability may be made by a physician selected or approved by the Committee and, in this respect,
the Participant shall submit to any reasonable examination(s) required by such physician upon request. Notwithstanding the foregoing
provisions of this Section 2.15, in the event any Award is considered to be “deferred compensation” as that term is
defined under Section 409A and the terms of the Award are such that the definition of “disability” is required to comply
with the requirements of Section 409A then, in lieu of the foregoing definition, the definition of “Disability” for
purposes of such Award shall mean, with respect to a Participant, that the Participant is unable to engage in any substantial gainful
activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be
expected to last for a continuous period of not less than twelve (12) months.

 

2.15.       
“Division” means any of the operating units or divisions of the Company designated as a Division by the
Committee.

 

2.16.       
“Dividend Equivalent Right” means a right to receive cash or Shares based on the value of dividends that
are paid with respect to Shares.

 

2.17.       
“Effective Date” means the date of the Plan’s approval by the Board, subject to the approval of
the Company’s stockholders.

 

2.18.       
“Eligible Individual” means any Employee, Director or Consultant.

 

2.19.       
“Employee” means any individual performing services for the Company or a Subsidiary and designated as
an employee of the Company or the Subsidiary on its payroll records. An Employee shall not include any individual during any period
he or she is classified or treated by the Company or Subsidiary as an independent contractor, a consultant or an employee of an
employment, consulting or temporary agency or any other entity other than the Company or Subsidiary, without regard to whether
such individual is subsequently determined to have been, or is subsequently retroactively reclassified, as a common-law employee
of the Company or Subsidiary during such period. An individual shall not cease to be an Employee in the case of (i) any leave of
absence approved by the Company or (ii) transfers between locations of the Company or any Subsidiary, or between the Company and
any Subsidiaries.

 

    	4

    	 

    

 

2.20.       
“Exchange Act” means the Securities Exchange Act of 1934, as amended.

 

2.21.       
“Fair Market Value” on any date means:

 

(a)               
if the Shares are listed for trading on a national securities exchange, the closing price at the close of the primary trading
session of the Shares on the date of determination on the principal national securities exchange on which the common stock is listed
or admitted to trading as officially quoted in the consolidated tape of transactions on such exchange or such other source as the
Committee deems reliable for the applicable date, or if there has been no such closing price of the Shares on such date, on the
next preceding date on which there was such a closing price; or

 

(b)              
if the Shares are not listed for trading on a national securities exchange, the fair market value of the Shares as determined
in good faith by the Committee, and, if applicable, in accordance with Sections 409A and 422 of the Code.

 

Notwithstanding the foregoing, with respect to Awards granted
in connection with an Initial Public Offering, if any, unless the Committee determines otherwise, Fair Market Value shall mean
the price at which Shares are offered to the public by the underwriters in the Initial Public Offering.

 

2.22.       
“Incentive Stock Option” means an Option satisfying the requirements of Section 422 of the Code and designated
by the Committee as an Incentive Stock Option.

 

2.23.       
“Initial Public Offering” means the consummation of the first public offering of Shares pursuant to a
registration statement (other than a Form S-8 or successor forms) filed with, and declared effective by, the United States Securities
and Exchange Commission.

 

2.24.       
“Nonemployee Director” means a Director of the Board who is a “nonemployee director” within
the meaning of Rule 16b-3 promulgated under the Exchange Act.

 

2.25.       
“Nonqualified Stock Option” means an Option which is not an Incentive Stock Option.

 

2.26.       
“Option” means a Nonqualified Stock Option or an Incentive Stock Option.

 

2.27.       
“Option Price” means the price at which a Share may be purchased pursuant to an Option.

 

2.28.       
“Outside Director” means a Director of the Board who is an “outside director” within the
meaning of Section 162(m).

 

2.29.       
“Parent” means any corporation which is a “parent corporation” (within the meaning of Section
424(e) of the Code) with respect to the Company.

 

2.30.       
“Participant” means an Eligible Individual to whom an Award has been granted under the Plan.

 

    	5

    	 

    

 

2.31.       
“Performance Awards” means Performance Share Units, Performance Units, Performance-Based Restricted Stock
or any or all of them.

 

2.32.       
 “Performance-Based Compensation” means any Award that, pursuant to Section 14.3, is intended to constitute
“performance-based compensation” within the meaning of Section 162(m).

 

2.33.       
“Performance-Based Restricted Stock” means Shares issued or transferred to an Eligible Individual under
Section 9.2.

 

2.34.       
“Performance Cycle” means the time period specified by the Committee at the time Performance Awards are
granted during which the performance of the Company, a Subsidiary or a Division will be measured.

 

2.35.       
“Performance Objectives” means the objectives set forth in Section 9.3 for the purpose of determining,
either alone or together with other conditions, the degree of payout and/or vesting of Performance Awards.

 

2.36.       
“Performance Share Units” means Performance Share Units granted to an Eligible Individual under Section
9.1(b).

 

2.37.       
“Performance Units” means Performance Units granted to an Eligible Individual under Section 9.1(a).

 

2.38.       
“Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used
in Sections 13(d) and 14(d) of the Exchange Act.

 

2.39.       
“Plan” means this Expo Event Holdco, Inc. 2017 Omnibus Equity Plan, as amended from time to time.

 

2.40.       
“Plan Termination Date” means the date that is ten (10) years after the Effective Date, unless the Plan
is earlier terminated by the Board pursuant to Section 15 hereof.

 

2.41.       
“Restricted Stock” means Shares issued or transferred to an Eligible Individual pursuant to Section 8.1.

 

2.42.       
“Restricted Stock Units” means rights granted to an Eligible Individual under Section 8.2 representing
a number of hypothetical Shares.

 

2.43.       
“SAR Payment Amount” shall have the meaning ascribed to such term in Section 6.4.

 

2.44.       
“Section 162(m)” means Section 162(m) of Code, and all regulations, guidance, and other interpretative
authority issued thereunder.

 

2.45.       
“Section 409A” means Section 409A of Code, and all regulations, guidance, and other interpretative authority
issued thereunder.

 

    	6

    	 

    

 

2.46.       
“Securities Act” means the Securities Act of 1933, as amended.

 

2.47.       
“Share Award” means an Award of Shares granted pursuant to Section 10.

 

2.48.       
“Shares” means the common stock, par value $0.01 per share, of the Company and any other securities into
which such shares are changed or for which such shares are exchanged.

 

2.49.       
“Stock Appreciation Right” means a right to receive all or some portion of the increase, if any, in the
value of the Shares as provided in Section 6 hereof.

 

2.50.       
“Subsidiary” means (a) except as provided in subsection (b) below, any corporation which is a subsidiary
corporation within the meaning of Section 424(f) of the Code with respect to the Company and (b) in relation to the eligibility
to receive Awards other than Incentive Stock Options and continued employment or the provision of services for purposes of Awards
(unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly
owns at least twenty-five percent (25%) of the outstanding equity or other ownership interests.

 

2.51.       
“Ten-Percent Shareholder” means an Eligible Individual who, at the time an Incentive Stock Option is
to be granted to him or her, owns (within the meaning of Section 422(b)(6) of the Code) stock possessing more than ten percent
(10%) of the total combined voting power of all classes of stock of the Company, a Parent or a Subsidiary.

 

2.52.       
“Termination“, “Terminated” or “Terminates” shall mean (a) with
respect to a Participant who is an Employee, the date such Participant ceases to be employed by the Company and its Subsidiaries,
(b) with respect to a Participant who is a Consultant, the date such Participant ceases to provide services to the Company and
its Subsidiaries or (c) with respect to a Participant who is a Director, the date such Participant ceases to be a Director, in
each case, for any reason whatsoever (including by reason of death, Disability or adjudicated incompetency). Unless otherwise set
forth in an Award Agreement, (a) if a Participant is both an Employee and a Director and terminates as an Employee but remains
as a Director, the Participant will be deemed to have continued in employment without interruption and shall be deemed to have
Terminated upon ceasing to be a Director and (b) if a Participant who is an Employee or a Director ceases to provide services in
such capacity and becomes a Consultant, the Participant will thereupon be deemed to have been Terminated.

 

2.53.       
“Transition Period” means the period beginning with an Initial Public Offering and ending as of the earlier
of:

 

(a)               
the date of the first annual meeting of stockholders of the Company at which Directors are to be elected that occurs after
the close of the third calendar year following the calendar year in which the Initial Public Offering occurs and

 

(b)              
 the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

 

    	7

    	 

    

 

		3.	Administration.

 

3.1.           
Committee. The Plan shall be administered by a Committee appointed by the Board. The Committee shall consist of at
least two Directors of the Board and may consist of the entire Board; provided, however, that (a) if the Committee consists of
less than the entire Board, then, with respect to any Award granted to an Eligible Individual who is subject to Section 16 of the
Exchange Act, the Committee shall consist solely of two or more Nonemployee Directors and (b) to the extent necessary for any Award
intended to qualify as Performance-Based Compensation to so qualify, the Committee shall consist solely of two or more Outside
Directors. For purposes of the preceding sentence, if one or more members of the Committee is not a Nonemployee Director or an
Outside Director but recuses himself or herself or abstains from voting with respect to a particular action taken by the Committee,
then the Committee, with respect to that action, shall be deemed to consist only of the members of the Committee who have not recused
themselves or abstained from voting. The acts of a majority of the total membership of the Committee at any meeting, or the acts
approved in writing by all of its members, shall be the acts of the Committee. All decisions and determinations by the Committee
in the exercise of its powers hereunder shall be final, binding and conclusive upon the Company, its Subsidiaries, the Participants
and all other Persons having any interest therein.

 

3.2.           
Board Reservation and Delegation.

 

(a)               
Except to the extent necessary for any Award intended to qualify as Performance-Based Compensation to so qualify, the Board
may, in its discretion, reserve to itself or exercise any or all of the authority and responsibility of the Committee hereunder.
To the extent the Board has reserved to itself or exercises the authority and responsibility of the Committee, the Board shall
be deemed to be acting as the Committee for purposes of the Plan and references to the Committee in the Plan shall be to the Board.

 

(b)              
Subject to applicable law, the Board may delegate, in whole or in part, any of the authority of the Committee hereunder
(subject to such limits as may be determined by the Board) to any individual or committee of individuals (who need not be Directors),
including without limitation the authority to make Awards to Eligible Individuals who are not officers or directors of the Company
or any of its Subsidiaries and who are not subject to Section 16 of the Exchange Act. To the extent that the Board delegates any
such authority to make Awards as provided by this Section 3.2(b), all references in the Plan to the Committee’s authority
to make Awards and determinations with respect thereto shall be deemed to include the Board’s delegate.

 

3.3.           
Committee Powers. Subject to the express terms and conditions set forth herein, the Committee shall have all of the
powers necessary to enable it to carry out its duties under the Plan, including, without limitation, the power from time to time
to:

 

(a)               
determine those Eligible Individuals to whom Awards shall be granted under the Plan and determine the number of Shares or
amount of cash in respect of which each Award is granted, prescribe the terms and conditions (which need not be identical) of each
such Award, including, (i) in the case of Options, the Option Price and the duration of the Option and (ii) in the case of Stock
Appreciation Rights, the Base Price per Share and the duration of the Stock Appreciation Right, and make any amendment or modification
to any Agreement consistent with the terms of the Plan;

 

    	8

    	 

    

 

(b)              
construe and interpret the Plan and the Awards granted hereunder, establish, amend and revoke rules, regulations and guidelines
as it deems are necessary or appropriate for the administration of the Plan, including, but not limited to, correcting any defect,
supplying any omission or reconciling any inconsistency in the Plan or in any Award Agreement in the manner and to the extent it
shall deem necessary or advisable, including so that the Plan and the operation of the Plan comply with Rule 16b-3 under the Exchange
Act, the Code to the extent applicable and other applicable law, and otherwise make the Plan fully effective;

 

(c)               
determine the duration and purposes for leaves of absence which may be granted to a Participant on an individual basis without
constituting a Termination for purposes of the Plan;

 

(d)              
cancel, with the consent of the Participant, outstanding Awards or as otherwise permitted under the terms of the Plan;

 

(e)               
exercise its discretion with respect to the powers and rights granted to it as set forth in the Plan; and

 

(f)               
generally, exercise such powers and perform such acts as are deemed necessary or advisable to promote the best interests
of the Company with respect to the Plan.

 

3.4.           
Non-Uniform Determinations. The Committee’s determinations under the Plan need not be uniform and may be made
by it selectively among Persons who receive, or are eligible to receive, Awards (whether or not such Persons are similarly situated).
Without limiting the generality of the foregoing, the Committee shall be entitled, among other things, to make non-uniform and
selective determinations, and to enter into non-uniform and selective Award Agreements, as to the Eligible Individuals to receive
Awards under the Plan and the terms and provision of Awards under the Plan.

 

3.5.           
Non-U.S. Employees. Notwithstanding anything herein to the contrary, with respect to Participants working outside
the United States, the Committee may establish subplans, determine the terms and conditions of Awards, and make such adjustments
to the terms thereof as are necessary or advisable to fulfill the purposes of the Plan taking into account matters of local law
or practice, including tax and securities laws of jurisdictions outside the United States.

 

3.6.           
Indemnification. No member of the Committee shall be liable for any action, failure to act, determination or interpretation
made in good faith with respect to the Plan or any transaction hereunder. The Company hereby agrees to indemnify each member of
the Committee for all costs and expenses and, to the extent permitted by applicable law, any liability incurred in connection with
defending against, responding to, negotiating for the settlement of or otherwise dealing with any claim, cause of action or dispute
of any kind arising in connection with any actions in administering the Plan or in authorizing or denying authorization to any
transaction hereunder.

 

    	9

    	 

    

 

3.7.           
No Repricing of Options or Stock Appreciation Rights. The Committee shall have no authority to (i) make any adjustment
(other than in connection with an Adjustment Event, a Corporate Transaction or other transaction where an adjustment is permitted
or required under the terms of the Plan) or amendment, and no such adjustment or amendment shall be made, that reduces or would
have the effect of reducing the Option Price of an Option or Base Price of a Stock Appreciation Right previously granted under
the Plan, whether through amendment, cancellation or replacement grants or other means, or (ii) cancel for cash or other consideration
any Option whose Option Price is greater than the then Fair Market Value of a Share or Stock Appreciation Right whose Base Price
is greater than the then Fair Market Value of a Share unless, in either case the Company’s stockholders shall have approved
such adjustment, amendment or cancellation.

 

		4.	Stock Subject to the Plan; Grant Limitations.

 

4.1.           
Aggregate Number of Shares Authorized for Issuance. Subject to any adjustment as provided in the Plan, the maximum
number of Shares that may be issued pursuant to Awards granted under the Plan shall not exceed [●] Shares, all of which may
granted as Incentive Stock Options. The Shares to be issued under the Plan may be, in whole or in part, authorized but unissued
Shares or issued Shares which shall have been reacquired by the Company and held by it as treasury shares.

 

4.2.           
Individual Participant Limit. With respect to Awards granted following the last day of the Transition Period (or,
if later, the date the Plan is approved by the Company’s stockholders for purposes of Section 162(m)), (a) the aggregate
number of Shares that may be issued pursuant to Awards granted under the Plan in any calendar year (or in respect of the calendar
year during which the Transition Period expires, the remainder of such calendar year) may not exceed [●] Shares in the case
of an Eligible Individual who is an Employee or Consultant, or [●] Shares in the case of a Director who is not an Employee
or Consultant, (b) the aggregate number of Shares that may be the subject of Performance-Based Restricted Stock and Performance
Share Units granted in any calendar year (or in respect of the calendar year during which the Transition Period expires, the remainder
of such calendar year) may not exceed [●] Shares in the case of an Eligible Individual who is not a Director, or [●]
Shares in the case of a Director and (c) the maximum dollar amount of cash or the Fair Market Value of Shares that any individual
may receive in any calendar year (or in respect of the calendar year during which the Transition Period expires, the remainder
of such calendar year) in respect of Performance Units may not exceed $[●].

 

4.3.           
Calculating Shares Available. If an Award or any portion thereof that is granted under the Plan (i) expires or otherwise
terminates without all of the Shares covered by such Award having been issued or (ii) is settled in cash (i.e., the Participant
receives cash rather than Shares), such expiration, termination or settlement will not reduce (or otherwise offset) the number
of Shares that may be available for issuance under the Plan. If any Shares issued pursuant to an Award are forfeited and returned
back to or reacquired by the Company because of the failure to meet a contingency or condition required to vest such Shares in
the Participant, then the Shares that are forfeited or reacquired will again become available for issuance under the Plan. Any
Shares tendered or withheld (i) to pay the Option Price of an Option or (ii) to satisfy tax withholding obligations associated
with an Award granted under this Plan shall not become available again for issuance under this Plan.

 

    	10

    	 

    

 

		5.	Stock Options.

 

5.1.           
Authority of Committee. The Committee may grant Options to Eligible Individuals in accordance with the Plan, the
terms and conditions of the grant of which shall be set forth in an Award Agreement. Incentive Stock Options may be granted only
to Eligible Individuals who are employees of the Company or any of its Subsidiaries on the date the Incentive Stock Option is granted.
Options shall be subject to the following terms and provisions:

 

5.2.           
Option Price. The Option Price or the manner in which the Option Price is to be determined shall be determined by
the Committee and set forth in the Award Agreement; provided, however, that the Option Price shall not be less than the greater
of (i) the par value of a Share and (ii) 100% of the Fair Market Value of a Share on the date the Option is granted (110% in the
case of an Incentive Stock Option granted to a Ten-Percent Shareholder).

 

5.3.           
Maximum Duration. Options granted hereunder shall be for such term as the Committee shall determine; provided that
an Incentive Stock Option shall not be exercisable after the expiration of ten (10) years from the date it is granted (five (5)
years in the case of an Incentive Stock Option granted to a Ten-Percent Shareholder) and a Nonqualified Stock Option shall not
be exercisable after the expiration of ten (10) years from the date it is granted; provided, further, however, that unless the
Committee provides otherwise,(i) an Option (other than an Incentive Stock Option) may, upon the death of the Participant prior
to the expiration of the Option, be exercised for up to one (1) year following the date of the Participant’s death (but in
no event beyond the date on which the Option otherwise would expire by its terms), and (ii) if, at the time an Option (other than
an Incentive Stock Option) would otherwise expire at the end of its term, the exercise of the Option is prohibited by applicable
law or the Company’s insider trading policy, the term shall be extended until thirty (30) days after the prohibition no longer
applies. The Committee may, subsequent to the granting of any Option, extend the period within which the Option may be exercised
(including following a Participant’s Termination), but in no event shall the period be extended to a date that is later than
the earlier of the latest date on which the Option could have been exercised and the 10th anniversary of the date of grant of the
Option, except as otherwise provided herein in this Section 5.3.

 

5.4.           
Vesting. The Committee shall determine and set forth in the applicable Award Agreement the time or times at which
an Option shall become vested and exercisable; provided that no Award granted to an Employee that vests solely based on the performance
of services shall have a vesting period of less than one year. To the extent not exercised, vested installments shall accumulate
and be exercisable, in whole or in part, at any time after becoming exercisable, but not later than the date the Option expires.
The Committee may accelerate the exercisability of any Option or portion thereof at any time.

 

    	11

    	 

    

 

5.5.           
Limitations on Incentive Stock Options. To the extent that the aggregate Fair Market Value (determined as of the
date of the grant) of Shares with respect to which Incentive Stock Options granted under the Plan and “incentive stock options”
(within the meaning of Section 422 of the Code) granted under all other plans of the Company or its Subsidiaries (in either case
determined without regard to this Section 5.5) are exercisable by a Participant for the first time during any calendar year exceeds
$100,000, such Incentive Stock Options shall be treated as Nonqualified Stock Options. In applying the limitation in the preceding
sentence in the case of multiple Option grants, unless otherwise required by applicable law, Options which were intended to be
Incentive Stock Options shall be treated as Nonqualified Stock Options according to the order in which they were granted such that
the most recently granted Options are first treated as Nonqualified Stock Options.

 

5.6.           
Method of Exercise. The exercise of an Option shall be made only by giving notice in the form and to the Person designated
by the Company, specifying the number of Shares to be exercised and, to the extent applicable, accompanied by payment therefor
and otherwise in accordance with the Award Agreement pursuant to which the Option was granted. The Option Price for any Shares
purchased pursuant to the exercise of an Option shall be paid in any of, or any combination of, the following forms: (a) cash or
its equivalent (e.g., a check) or (b) if permitted by the Committee, the transfer, either actually or by attestation, to the Company
of Shares that have been held by the Participant for at least six (6) months (or such lesser period as may be permitted by the
Committee) prior to the exercise of the Option, such transfer to be upon such terms and conditions as determined by the Committee
or (c) in the form of other property as determined by the Committee. In addition, (i) the Committee may provide for the payment
of the Option Price through Share withholding as a result of which the number of Shares issued upon exercise of an Option would
be reduced by a number of Shares having a Fair Market Value equal to the Option Price and (ii) an Option may be exercised through
a registered broker-dealer pursuant to such cashless exercise procedures that are, from time to time, deemed acceptable by the
Committee. No fractional Shares (or cash in lieu thereof) shall be issued upon exercise of an Option and the number of Shares that
may be purchased upon exercise shall be rounded down to the nearest number of whole Shares.

 

5.7.           
Rights of Participants. No Participant shall be deemed for any purpose to be the owner of any Shares subject to any
Option unless and until (a) the Option shall have been exercised with respect to such Shares pursuant to the terms of the applicable
Award Agreement, (b) the Company shall have issued and delivered Shares (whether or not certificated) to the Participant, a securities
broker acting on behalf of the Participant or such other nominee of the Participant and (c) the Participant’s name, or the
name of his or her broker or other nominee, shall have been entered as a shareholder of record on the books of the Company. Thereupon,
the Participant shall have full voting, dividend and other ownership rights with respect to such Shares, subject to such terms
and conditions as may be set forth in the applicable Award Agreement.

 

5.8.           
Effect of Change in Control. Any specific terms applicable to an Option in the event of a Change in Control and not
otherwise provided in the Plan shall be set forth in the applicable Award Agreement.

 

    	12

    	 

    

 

		6.	Stock Appreciation Rights.

 

6.1.           
Grant. The Committee may grant Stock Appreciation Rights to Eligible Individuals in accordance with the Plan, the
terms and conditions of which shall be set forth in an Award Agreement. A Stock Appreciation Right may be granted (a) at any time
if unrelated to an Option or (b) if related to an Option, either at the time of grant or at any time thereafter during the term
of the Option. Awards of Stock Appreciation Rights shall be subject to the following terms and provisions.

 

6.2.           
Terms; Duration. Stock Appreciation Rights shall contain such terms and conditions as to exercisability, vesting
and duration as the Committee shall determine, but in no event shall they have a term of greater than ten (10) years; provided,
however, that unless the Committee provides otherwise, (i) a Stock Appreciation Right may, upon the death of the Participant prior
to the expiration of the Award, be exercised for up to one (1) year following the date of the Participant’s death (but in
no event beyond the date on which the Stock Appreciation Right otherwise would expire by its terms) and (ii) if, at the time a
Stock Appreciation Right would otherwise expire at the end of its term, the exercise of the Stock Appreciation Right is prohibited
by applicable law or the Company’s insider trading policy, the term shall be extended until thirty (30) days after the prohibition
no longer applies. The Committee may, subsequent to the granting of any Stock Appreciation Right, extend the period within which
the Stock Appreciation Right may be exercised (including following a Participant’s Termination), but in no event shall the
period be extended to a date that is later than the earlier of the latest date on which the Stock Appreciation Right could have
been exercised and the 10th anniversary of the date of grant of the Stock Appreciation Right, except as otherwise provided herein
in this Section 6.2.

 

6.3.           
Vesting. The Committee shall determine and set forth in the applicable Award Agreement the time or times at which
a Stock Appreciation Right shall become vested and exercisable. To the extent not exercised, vested installments shall accumulate
and be exercisable, in whole or in part, at any time after becoming exercisable, but not later than the date the Stock Appreciation
Right expires. The Committee may accelerate the exercisability of any Stock Appreciation Right or portion thereof at any time.

 

6.4.           
Amount Payable. Upon exercise of a Stock Appreciation Right, the Participant shall be entitled to receive an amount
determined by multiplying (i) the excess of the Fair Market Value of a Share on the last business day preceding the date of exercise
of such Stock Appreciation Right over the Fair Market Value of a Share on the date the Stock Appreciation Right was granted (the
“Base Price”) by (ii) the number of Shares as to which the Stock Appreciation Right is being exercised (the “SAR
Payment Amount”). Notwithstanding the foregoing, the Committee may limit in any manner the amount payable with respect to
any Stock Appreciation Right by including such a limit in the Award Agreement evidencing the Stock Appreciation Right at the time
it is granted.

 

6.5.           
Method of Exercise. Stock Appreciation Rights shall be exercised by a Participant only by giving notice in the form
and to the Person designated by the Company, specifying the number of Shares with respect to which the Stock Appreciation Right
is being exercised.

 

    	13

    	 

    

 

6.6.           
Form of Payment. Payment of the SAR Payment Amount may be made in the discretion of the Committee solely in whole
Shares having an aggregate Fair Market Value equal to the SAR Payment Amount, solely in cash or in a combination of cash and Shares.
If the Committee decides to make full payment in Shares and the amount payable results in a fractional Share, payment shall be
rounded down to the nearest whole Share.

 

6.7.           
Effect of Change in Control. Any specific terms applicable to a Stock Appreciation Right in the event of a Change
in Control and not otherwise provided in the Plan shall be set forth in the applicable Award Agreement.

 

		7.	Dividend Equivalent Rights.

 

The Committee may grant Dividend Equivalent Rights, either in
tandem with an Award or as a separate Award, to Eligible Individuals in accordance with the Plan. The terms and conditions applicable
to each Dividend Equivalent Right shall be specified in the Award Agreement evidencing the Award. Amounts payable in respect of
Dividend Equivalent Rights may be payable currently or may be deferred until the lapsing of restrictions on such Dividend Equivalent
Rights or until the vesting, exercise, payment, settlement or other lapse of restrictions on the Award to which the Dividend Equivalent
Rights relate. In the event that the amount payable in respect of Dividend Equivalent Rights is to be deferred, the Committee shall
determine whether such amount is to be held in cash or reinvested in Shares or deemed (notionally) to be reinvested in Shares.
Dividend Equivalent Rights may be settled in cash or Shares or a combination thereof, in a single installment or multiple installments,
as determined by the Committee.

 

		8.	Restricted Stock; Restricted Stock Units.

 

8.1.           
Restricted Stock. The Committee may grant Awards of Restricted Stock to Eligible Individuals in accordance with the
Plan, the terms and conditions of which shall be set forth in an Award Agreement. Each Award Agreement shall contain such restrictions,
terms and conditions as the Committee may, in its discretion, determine and (without limiting the generality of the foregoing)
such Award Agreements may require that an appropriate legend be placed on Share certificates. With respect to Shares in a book
entry account in a Participant’s name, the Committee may cause appropriate stop transfer instructions to be delivered to
the account custodian, administrator or the Company’s corporate secretary as determined by the Committee in its sole discretion.
Awards of Restricted Stock shall be subject to the following terms and provisions:

 

(a)               
Rights of Participant. Shares of Restricted Stock granted pursuant to an Award hereunder shall be issued in the name
of the Participant as soon as reasonably practicable after the Award is granted provided that the Participant has executed an Award
Agreement evidencing the Award and any other documents which the Committee may require as a condition to the issuance of such Shares.
At the discretion of the Committee, Shares issued in connection with an Award of Restricted Stock may be held in escrow by an agent
(which may be the Company) designated by the Committee. Unless the Committee determines otherwise and as set forth in the Award
Agreement, upon the issuance of the Shares, the Participant shall have all of the rights of a shareholder with respect to such
Shares, including the right to vote the Shares and to receive all dividends or other distributions paid or made with respect to
the Shares.

 

    	14

    	 

    

 

(b)              
Terms and Conditions. Each Award Agreement shall specify the number of Shares of Restricted Stock to which it relates,
the conditions which must be satisfied in order for the Restricted Stock to vest and the circumstances under which the Award will
be forfeited.

 

(c)               
Delivery of Shares. Upon the lapse of the restrictions on Shares of Restricted Stock, the Committee shall cause a
stock certificate or evidence of book entry Shares to be delivered to the Participant with respect to such Shares of Restricted
Stock, free of all restrictions hereunder.

 

(d)              
Treatment of Dividends. At the time an Award of Restricted Stock is granted, the Committee may, in its discretion,
determine that the payment to the Participant of dividends, or a specified portion thereof, declared or paid on such Shares by
the Company shall be paid currently or instead shall be (i) deferred until the lapsing of the restrictions imposed upon such Shares
and (ii) held by the Company for the account of the Participant until such time; provided, however, that a dividend payable in
respect of Restricted Stock that vests based on the achievement of performance goals shall be subject to restrictions and risk
of forfeiture to the same extent as the Restricted Stock with respect to which such dividends are payable. In the event that dividends
are to be deferred, the Committee shall determine whether such dividends are to be reinvested in Shares (which shall be held as
additional Shares of Restricted Stock) or held in cash. Payment of deferred dividends in respect of Shares of Restricted Stock
(whether held in cash or as additional Shares of Restricted Stock), shall be made upon the lapsing of restrictions imposed on the
Shares in respect of which the deferred dividends were paid, and any dividends deferred in respect of any Shares of Restricted
Stock shall be forfeited upon the forfeiture of such Shares.

 

(e)               
Effect of Change in Control. Any specific terms applicable to Restricted Stock in the event of a Change in Control
and not otherwise provided in the Plan shall be set forth in the applicable Award Agreement.

 

8.2.           
Restricted Stock Unit Awards. The Committee may grant Awards of Restricted Stock Units to Eligible Individuals in
accordance with the Plan, the terms and conditions of which shall be set forth in an Award Agreement. Each such Award Agreement
shall contain such restrictions, terms and conditions as the Committee may, in its discretion, determine. Awards of Restricted
Stock Units shall be subject to the following terms and provisions:

 

(a)               
Payment of Awards. Each Restricted Stock Unit shall represent the right of the Participant to receive one Share upon
vesting of the Restricted Stock Unit or on any later date specified by the Committee; provided, however, that the Committee may
provide for the settlement of Restricted Stock Units in cash equal to the Fair Market Value of the Shares that would otherwise
be delivered to the Participant (determined as of the date the Shares would have been delivered), or a combination of cash and
Shares. The Committee may, at the time a Restricted Stock Unit is granted, provide a limitation on the amount payable in respect
of each Restricted Stock Unit.

 

    	15

    	 

    

 

(b)              
Effect of Change in Control. Any specific terms applicable to Restricted Stock Units in the event of a Change in
Control and not otherwise provided in the Plan shall be set forth in the applicable Award Agreement.

 

		9.	Performance Awards.

 

9.1.           
Performance Units and Performance Share Units. The Committee may grant Awards of Performance Units and/or Performance
Share Units to Eligible Individuals in accordance with the Plan, the terms and conditions of which shall be set forth in an Award
Agreement. Awards of Performance Units and Performance Share Units shall be subject to the following terms and provisions:

 

(a)            
Performance Units. Performance Units shall be denominated in a specified dollar amount and, contingent upon the attainment
of specified Performance Objectives within the Performance Cycle and such other vesting conditions as may be determined by the
Committee (including without limitation, a continued employment requirement following the end of the applicable Performance Cycle),
represent the right to receive payment as provided in Sections 9.1(c) and (d) of the specified dollar amount or a percentage or
multiple of the specified dollar amount depending on the level of Performance Objective attained. The Committee may at the time
a Performance Unit is granted specify a maximum amount payable in respect of a vested Performance Unit.

 

(b)           
Performance Share Units. Performance Share Units shall be denominated in Shares and, contingent upon the attainment
of specified Performance Objectives within the Performance Cycle and such other vesting conditions as may be determined by the
Committee, (including without limitation, a continued employment requirement following the end of the applicable Performance Cycle),
represent the right to receive payment as provided in Sections 9.1(c) and (d) of the Fair Market Value of a Share on the date the
Performance Share Unit became vested or any other date specified by the Committee. The Committee may at the time a Performance
Share Unit is granted specify a maximum amount payable in respect of a vested Performance Share Unit.

 

(c)            
Terms and Conditions; Vesting and Forfeiture. Each Award Agreement shall specify the number of Performance Units
or Performance Share Units to which it relates, the Performance Objectives and other conditions which must be satisfied in order
for the Performance Units or Performance Share Units to vest and the Performance Cycle within which such Performance Objectives
must be satisfied and the circumstances under which the Award will be forfeited.

 

(d)           
Payment of Awards. Subject to Section 9.3(c), payment to Participants in respect of vested Performance Share Units
and Performance Units shall be made as soon as practicable after the last day of the Performance Cycle to which such Award relates
or at such other time or times as the Committee may determine that the Award has become vested. Such payments may be made entirely
in Shares valued at their Fair Market Value, entirely in cash or in such combination of Shares and cash as the Committee in its
discretion shall determine at any time prior to such payment.

 

    	16

    	 

    

 

9.2.           
Performance-Based Restricted Stock. The Committee, may grant Awards of Performance-Based Restricted Stock to Eligible
Individuals in accordance with the Plan, the terms and conditions of which shall be set forth in an Award Agreement. Each Award
Agreement may require that an appropriate legend be placed on Share certificates. With respect to Shares in a book entry account
in a Participant’s name, the Committee may cause appropriate stop transfer instructions to be delivered to the account custodian,
administrator or the Company’s corporate secretary as determined by the Committee in its sole discretion. Awards of Performance-Based
Restricted Stock shall be subject to the following terms and provisions:

 

(a)               
Rights of Participant. Performance-Based Restricted Stock shall be issued in the name of the Participant as soon
as reasonably practicable after the Award is granted or at such other time or times as the Committee may determine; provided, however,
that no Performance-Based Restricted Stock shall be issued until the Participant has executed an Award Agreement evidencing the
Award, and any other documents which the Committee may require as a condition to the issuance of such Performance-Based Restricted
Stock. At the discretion of the Committee, Shares issued in connection with an Award of Performance-Based Restricted Stock may
be held in escrow by an agent (which may be the Company) designated by the Committee. Unless the Committee determines otherwise
and as set forth in the Award Agreement, upon issuance of the Shares, the Participant shall have all of the rights of a shareholder
with respect to such Shares, including the right to vote the Shares and to receive all dividends or other distributions paid or
made with respect to the Shares.

 

(b)              
Terms and Conditions. Each Award Agreement shall specify the number of Shares of Performance-Based Restricted Stock
to which it relates, the Performance Objectives and other conditions which must be satisfied in order for the Performance-Based
Restricted Stock to vest, the Performance Cycle within which such Performance Objectives must be satisfied and the circumstances
under which the Award will be forfeited; provided, however, that no Performance Cycle for Performance-Based Restricted Stock shall
be less than one (1) year.

 

(c)               
Treatment of Dividends. At the time the Award of Performance-Based Restricted Stock is granted, the Committee may,
in its discretion, determine that the payment to the Participant of dividends, or a specified portion thereof, declared or paid
on Shares represented by such Award which have been issued by the Company to the Participant shall be (i) deferred until the lapsing
of the restrictions imposed upon such Performance-Based Restricted Stock and (ii) held by the Company for the account of the Participant
until such time; provided, however, that a dividend payable in respect of Performance-Based Restricted Stock shall be subject to
restrictions and risk of forfeiture to the same extent as the Performance-Based Restricted Stock with respect to which such dividends
are payable. In the event that dividends are to be deferred, the Committee shall determine whether such dividends are to be reinvested
in Shares (which shall be held as additional Shares of Performance-Based Restricted Stock) or held in cash. Payment of deferred
dividends in respect of Shares of Performance-Based Restricted Stock (whether held in cash or in additional Shares of Performance-Based
Restricted Stock) shall be made upon the lapsing of restrictions imposed on the Performance-Based Restricted Stock in respect of
which the deferred dividends were paid, and any dividends deferred in respect of any Performance-Based Restricted Stock shall be
forfeited upon the forfeiture of such Performance-Based Restricted Stock.

 

    	17

    	 

    

 

(d)              
Delivery of Shares. Upon the lapse of the restrictions on Shares of Performance-Based Restricted Stock awarded hereunder,
the Committee shall cause a stock certificate or evidence of book entry Shares to be delivered to the Participant with respect
to such Shares, free of all restrictions hereunder.

 

9.3.           
Performance Objectives.

 

(a)               
Establishment. With respect to any Performance Awards intended to constitute Performance-Based Compensation, Performance
Objectives for Performance Awards may be expressed in terms of (i) earnings per share; (ii) operating income; (iii) return on
equity or assets; (iv) free cash flow; (v) net cash flow; (vi) cash flow from operations; (vii) EBITDA and/or adjusted EBITDA
(including any adjusted EBITDA metric reported by the Company to securityholders or lenders); (viii) revenue growth; (ix) revenue
ratios; (x) cost reductions; (xi) cost ratios or margins; (xii) overall revenue or sales growth; (xiii) expense reduction or management;
(xiv) market position or market share; (xv) total shareholder return; (xvi) return on investment; (xvii) earnings before interest
and taxes (EBIT); (xviii) net income (before or after taxes); (xix) return on assets or net assets; (xx) economic value added;
(xxi) shareholder value added; (xxii) cash flow return on investment; (xxiii) net operating profit; (xxiv) net operating profit
after tax; (xxv) return on capital; (xxvi) return on invested capital; (xxvii) customer growth; (xxviii) financial ratios, including
those measuring liquidity, activity, profitability or leverage; (xxix) financing and other capital raising transactions; (xxx)
strategic partnerships or transactions; (xxxi) successful completion of acquisitions; or (xxxii) any combination of or a specified
increase in any of the foregoing. With respect to Performance Awards not intended to constitute Performance-Based Compensation,
Performance Objectives may be based on any of the foregoing or any other performance criteria as may be established by the Committee.
Performance Objectives may be in respect of the performance of the Company, any of its Subsidiaries, any of its Divisions or any
combination thereof. Performance Objectives may be absolute or relative (to prior performance of the Company or to the performance
of one or more other entities or external indices) and may be expressed in terms of a progression within a specified range. In
the case of a Performance Award which is intended to constitute Performance-Based Compensation, the Performance Objectives with
respect to a Performance Cycle shall be established in writing by the Committee by the earlier of (i) the date on which a quarter
of the Performance Cycle has elapsed and (ii) the date which is ninety (90) days after the commencement of the Performance Cycle
and in any event while the performance relating to the Performance Objectives remains substantially uncertain.

 

    	18

    	 

    

 

(b)              
Effect of Certain Events. The Committee may, at the time the Performance Objectives in respect of a Performance Award
are established, provide for the manner in which performance will be measured against the Performance Objectives to reflect the
impact of specified events, including any one or more of the following with respect to the Performance Period: (i) the gain, loss,
income or expense resulting from changes in accounting principles or tax laws that become effective during the Performance Period;
(ii) the gain, loss, income or expense reported publicly by the Company with respect to the Performance Period that are extraordinary
or unusual in nature or infrequent in occurrence; (iii) the gains or losses resulting from and the direct expenses incurred in
connection with, the disposition of a business, or the sale of investments or non-core assets; (iv) the gain or loss from all or
certain claims and/or litigation and all or certain insurance recoveries relating to claims or litigation; or (v) the impact of
investments or acquisitions made during the year or, to the extent provided by the Committee, any prior year. The events may relate
to the Company as a whole or to any part of the Company’s business or operations, as determined by the Committee at the time
the Performance Objectives are established. Any adjustments based on the effect of certain events are to be determined in accordance
with generally accepted accounting principles and standards, unless another objective method of measurement is designated by the
Committee and, in respect of Performance Awards intended to constitute Performance-Based Compensation, such adjustments shall be
permitted only to the extent permitted under Section 162(m) without adversely affecting the treatment of any Performance Award
as Performance-Based Compensation.

 

(c)               
Determination of Performance. Prior to the vesting, payment, settlement or lapsing of any restrictions with respect
to any Performance Award, the Committee shall certify in writing that the applicable Performance Objectives have been satisfied
to the extent necessary for such Award to qualify as Performance-Based Compensation. In respect of a Performance Award, the Committee
may, in its sole discretion, (i) reduce the amount of cash paid or number of Shares to be issued or that have been issued and that
become vested or on which restrictions lapse, and/or (ii) establish rules and procedures that have the effect of limiting the amount
payable to any Participant to an amount that is less than the amount that otherwise would be payable under an Award granted under
this Section 9. The Committee may exercise such discretion in a non-uniform manner among Participants. The Committee shall not
be entitled to exercise any discretion otherwise authorized hereunder with respect to any Performance Award intended to constitute
Performance-Based Compensation if the ability to exercise such discretion or the exercise of such discretion itself would cause
the compensation attributable to such Awards to fail to qualify as Performance-Based Compensation.

 

(d)              
Effect of Change in Control. Any specific terms applicable to a Performance Award in the event of a Change in Control
and not otherwise provided in the Plan shall be set forth in the applicable Award Agreement.

 

		10.	Share Awards.

 

The Committee may grant a Share Award to any Eligible Individual
on such terms and conditions as the Committee may determine in its sole discretion. Share Awards may be made as additional compensation
for services rendered by the Eligible Individual or may be in lieu of cash or other compensation to which the Eligible Individual
is entitled from the Company.

 

    	19

    	 

    

 

		11.	Effect of Termination of Employment; Transferability.

 

11.1.       
Termination. The Award Agreement evidencing the grant of each Award shall set forth the terms and conditions applicable
to such Award upon Termination, which shall be as the Committee may, in its discretion, determine at the time the Award is granted
or at anytime thereafter.

 

11.2.       
Transferability of Awards and Shares.

 

(a)               
Non-Transferability of Awards. Except as set forth in Section 11.2(c) or (d) or as otherwise permitted by the Committee
and as set forth in the applicable Award Agreement, either at the time of grant or at anytime thereafter, no Award (other than
Restricted Stock or Performance-Based Restricted Stock with respect to which the restrictions have lapsed) shall be (i) sold, transferred
or otherwise disposed of, (ii) pledged or otherwise hypothecated or (iii) subject to attachment, execution or levy of any kind;
and any purported transfer, pledge, hypothecation, attachment, execution or levy in violation of this Section 11.2 shall be null
and void.

 

(b)              
Restrictions on Shares. The Committee may impose such restrictions on any Shares acquired by a Participant under
the Plan as it may deem advisable, including, without limitation, minimum holding period requirements, restrictions under applicable
federal securities laws, restrictions under the requirements of any stock exchange or market upon which such Shares are then listed
or traded and restrictions under any blue sky or state securities laws applicable to such Shares.

 

(c)               
Transfers By Will or by Laws of Descent or Distribution. Any Award may be transferred by will or by the laws of descent
or distribution; provided, however, that (i) any transferred Award will be subject to all of the same terms and conditions as provided
in the Plan and the applicable Award Agreement; and (ii) the Participant’s estate or beneficiary appointed in accordance
with this Section 11.2(c) will remain liable for any withholding tax that may be imposed by any federal, state or local tax authority.

 

(d)              
Beneficiary Designation. To the extent permitted by applicable law, the Company may from time to time permit each
Participant to name one or more individuals (each, a “Beneficiary”) to whom any benefit under the Plan is to be paid
or who may exercise any rights of the Participant under any Award granted under the Plan in the event of the Participant’s
death before he or she receives any or all of such benefit or exercises such Award. Each such designation shall revoke all prior
designations by the same Participant, shall be in a form prescribed by the Company, and will be effective only when filed by the
Participant in writing with the Company during the Participant’s lifetime. In the absence of any such designation or if any
such designation is not effective under applicable law as determined by the Committee, benefits under Awards remaining unpaid at
the Participant’s death and rights to be exercised following the Participant’s death shall be paid to or exercised
by the Participant’s estate.

 

    	20

    	 

    

 

		12.	Adjustment upon Changes in Capitalization. 

 

12.1.       
In the event that (a) the outstanding Shares are changed into or exchanged for a different number or kind of Shares or other
stock or securities or other equity interests of the Company or another corporation or entity, whether through merger, consolidation,
reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, substitution or other similar
corporate event or transaction or (b) there is an extraordinary dividend or distribution by the Company in respect of its Shares
or other capital stock or securities convertible into capital stock in cash, securities or other property (any event described
in (a) or (b), an “Adjustment Event”), the Committee shall determine the appropriate adjustments to (i) the maximum
number and kind of shares of stock or other securities or other equity interests as to which Awards may be granted under the Plan
(including the individual Participant limits set forth in Section 4.2), (ii) the maximum number and class of Shares or other stock
or securities that may be issued upon exercise of Incentive Stock Options, (iii) the number and kind of Shares or other securities
covered by any or all outstanding Awards that have been granted under the Plan, (iv) the Option Price of outstanding Options and
the Base Price of outstanding Stock Appreciation Rights, and (v) the Performance Objectives applicable to outstanding Performance
Awards.

 

12.2.       
Any such adjustment in the Shares or other stock or securities (a) subject to outstanding Incentive Stock Options (including
any adjustments in the exercise price) shall be made in a manner intended not to constitute a modification as defined by Section
424(h)(3) of the Code and only to the extent otherwise permitted by Sections 422 and 424 of the Code, (b) subject to outstanding
Awards that are intended to qualify as Performance-Based Compensation shall be made in a manner intended not to adversely affect
the treatment of the Awards as Performance-Based Compensation and (c) with respect to any Award that is not subject to Section
409A, in a manner intended not to subject the Award to Section 409A and, with respect to any Award that is subject to Section 409A,
in a manner intended to comply with Section 409A.

 

12.3.       
If, by reason of an Adjustment Event, pursuant to an Award, a Participant shall be entitled to, or shall be entitled to
exercise an Award with respect to, new, additional or different shares of stock or securities of the Company or any other corporation,
such new, additional or different shares shall thereupon be subject to all of the conditions, restrictions and performance criteria
which were applicable to the Shares subject to the Award prior to such Adjustment Event, as may be adjusted in connection with
such Adjustment Event in accordance with this Section 12.

 

		13.	Effect of Certain Transactions. 

 

13.1.       
Except as otherwise provided in the applicable Award Agreement, in connection a Corporate Transaction, either:

 

(a)               
outstanding Awards shall, unless otherwise provided in connection with the Corporate Transaction, continue following the
Corporate Transaction and shall be adjusted if and as provided for in the agreement or plan (in the case of a liquidation or dissolution)
entered into or adopted in connection with the Corporate Transaction (the “Transaction Agreement”), which may include,
in the sole discretion of the Committee or the parties to the Corporate Transaction, the assumption or continuation of such Awards
by, or the substitution for such Awards of new awards of, the surviving, successor or resulting entity, or a parent or subsidiary
thereof, with such adjustments as to the number and kind of shares or other securities or property subject to such new awards,
exercise prices and other terms of such new awards as the Committee or the parties to the Corporate Transaction shall agree, or

 

    	21

    	 

    

 

(b)              
outstanding Awards shall terminate upon the consummation of the Corporate Transaction; provided, however, that vested Awards
shall not be terminated without:

 

(i)                
in the case of vested Options and Stock Appreciation Rights (including those Options and Stock Appreciation Rights that
would become vested upon the consummation of the Corporate Transaction), (1) providing the holders of affected Options and Stock
Appreciation Rights a period of at least fifteen (15) calendar days prior to the date of the consummation of the Corporate Transaction
to exercise the Options and Stock Appreciation Rights, or (2) providing the holders of affected Options and Stock Appreciation
Rights payment (in cash or other consideration upon or immediately following the consummation of the Corporate Transaction, or,
to the extent permitted by Section 409A, on a deferred basis) in respect of each Share covered by the Option or Stock Appreciation
Rights being cancelled an amount equal to the excess, if any, of the per Share consideration to be paid or distributed to stockholders
in the Corporate Transaction (the value of any non-cash consideration, if not otherwise distributed to the Participant, to be determined
by the Committee in good faith) over the Option Price of the Option or the Base Price of the Stock Appreciation Rights, or

 

(ii)              
in the case of vested Awards other than Options or Stock Appreciation Rights (including those Awards that would become vested
upon the consummation of the Corporate Transaction), providing the holders of affected Awards payment (in cash or other consideration
upon or immediately following the consummation of the Corporate Transaction, or, to the extent permitted by Section 409A, on a
deferred basis) in respect of each Share covered by the Award being cancelled of the per Share consideration to be paid or distributed
to stockholders in the Corporate Transaction, in each case with the value of any non-cash consideration, if not otherwise distributed
to the Participant, to be determined by the Committee in good faith.

 

(c)               
For the avoidance of doubt, if the amount determined pursuant to clause (b)(i)(2) above is zero or less, the affected Option
or Stock Appreciation Rights may be terminated without any payment therefor.

 

13.2.       
Without limiting the generality of the foregoing or being construed as requiring any such action, in connection with any
such Corporate Transaction the Committee may, in its sole and absolute discretion, cause any of the following actions to be taken
effective upon or at any time prior to any Corporate Transaction (and any such action may be made contingent upon the occurrence
of the Corporate Transaction):

 

(a)               
cause any or all unvested Options and Stock Appreciation Rights to become fully vested and immediately exercisable (as applicable)
and/or provide the holders of such Options and Stock Appreciation Rights a reasonable period of time prior to the date of the consummation
of the Corporate Transaction to exercise the Options and Stock Appreciation Rights;

 

    	22

    	 

    

 

(b)              
with respect to unvested Options and Stock Appreciation Rights that are terminated in connection with the Corporate Transaction,
provide to the holders thereof a payment (in cash and/or other consideration) in respect of each Share covered by the Option or
Stock Appreciation Right being terminated in an amount equal to all or a portion of the excess, if any, of the per Share consideration
to be paid or distributed to stockholders in the Corporate Transaction (the value of any non-cash consideration, if not otherwise
distributed to the Participant, to be determined by the Committee in good faith) over the exercise price of the Option or the Base
Price of the Stock Appreciation Right, which may, to the extent permitted by Section 409A, be paid in accordance with the vesting
schedule of the Award as set forth in the applicable Award Agreement, upon the consummation of the Corporate Transaction or at
such other time or times as the Committee may determine;

 

(c)               
with respect to unvested Awards (other than Options or Stock Appreciation Rights) that are terminated in connection with
the Corporate Transaction, provide to the holders thereof a payment (in cash and/or other consideration) in respect of each Share
covered by the Award being terminated in an amount equal to all or a portion of the per Share consideration to be paid or distributed
to stockholders in the Corporate Transaction (the value of any non-cash consideration, if not otherwise distributed to the Participant,
to be determined by the Committee in good faith), which may, to the extent permitted by Section 409A, be paid in accordance with
the vesting schedule of the Award as set forth in the applicable Award Agreement, upon the consummation of the Corporate Transaction
or at such other time or times as the Committee may determine.

 

(d)              
For the avoidance of doubt, if the amount determined pursuant to clause (b) above is zero or less, the affected Option or
Stock Appreciation Rights may be terminated without any payment therefor.

 

13.3.       
Notwithstanding anything to the contrary in this Plan or any Agreement,

 

(a)               
the Committee may, in its sole discretion, provide in the Transaction Agreement or otherwise for different treatment for
different Awards or Awards held by different Participants and, where alternative treatment is available for a Participant’s
Awards, may allow the Participant to choose which treatment shall apply to such Participant’s Awards;

 

(b)              
any action permitted under this Section 13 may be taken without the need for the consent of any Participant. To the extent
a Corporate Transaction also constitutes an Adjustment Event and action is taken pursuant to this Section 13 with respect to an
outstanding Award, such action shall conclusively determine the treatment of such Award in connection with such Corporate Transaction
notwithstanding any provision of the Plan to the contrary (including Section 12).

 

    	23

    	 

    

 

(c)               
to the extent the Committee chooses to make payments to affected Participants pursuant to Section 13.1(b)(i)(2) or (ii)
or Section 13.2(b) or (c) above, any Participant who has not returned any letter of transmittal or similar acknowledgment that
the Committee requires be signed in connection with such payment within the time period established by the Committee for returning
any such letter or similar acknowledgement shall forfeit his or her right to any payment and his or her associated Awards may be
cancelled without any payment therefor.

 

		14.	Interpretation.

 

14.1.       
Section 16 Compliance. The Plan is intended to comply with Rule 16b-3 promulgated under the Exchange Act and the
Committee shall interpret and administer the provisions of the Plan or any Award Agreement in a manner consistent therewith. Any
provisions inconsistent with such Rule shall be inoperative and shall not affect the validity of the Plan.

 

14.2.       
Compliance with Section 409A. All Awards granted under the Plan are intended either not to be subject to Section
409A or, if subject to Section 409A, to be administered, operated and construed in compliance with Section 409A. Notwithstanding
this or any other provision of the Plan or any Award Agreement to the contrary, the Committee may amend the Plan or any Award granted
hereunder in any manner or take any other action that it determines, in its sole discretion, is necessary, appropriate or advisable
(including replacing any Award) to cause the Plan or any Award granted hereunder to comply with Section 409A and all regulations
and other guidance issued thereunder or to not be subject to Section 409A. Any such action, once taken, shall be deemed to be effective
from the earliest date necessary to avoid a violation of Section 409A and shall be final, binding and conclusive on all Eligible
Individuals and other individuals having or claiming any right or interest under the Plan.

 

14.3.       
Section 162(m). 

 

(a)               
Performance-Based Compensation Awards. Unless otherwise determined by the Committee in its sole discretion and subject
to Section 14.3(b), each Performance Award granted to an Eligible Individual who is also a Covered Employee, and each Option and
Stock Appreciation Right (whether or not granted to a Covered Employee), is intended to constitute Performance-Based Compensation;
provided, that no Award granted following the Transition Period shall be intended to constitute Performance-Based Compensation
unless the stockholder approval and other requirements of Section 162(m) to enable Awards to qualify as Performance-Based Compensation
have been satisfied. If any provision of the Plan or any Award Agreement relating to an Award that is intended to constitute Performance-Based
Compensation does not comply or is inconsistent with Section 162(m), such provision shall be construed or deemed amended to the
extent necessary to conform to such requirements and, in the case of any Performance Award, no provision of the Plan or any Award
Agreement shall be deemed to confer upon the Committee any discretion to increase the amount of compensation otherwise payable
in connection with any such Award upon the attainment of the Performance Objectives.

 

    	24

    	 

    

 

(b)              
Section 162(m) Transition Period.

 

(i)                
With respect to Options, Stock Appreciation Rights, Restricted Stock and Performance-Based Restricted Stock granted during
the Transition Period (“Transition Awards”), the Company intends to rely, to the maximum extent possible, on the transition
relief provided in Treas. Reg. §1.162-27(f). Accordingly, to the extent such relief from the application of Section 162(m)
is available, the requirements in this Plan applicable to Awards intended to constitute Performance-Based Compensation shall not
apply to Transition Awards which, without limiting the generality of the foregoing, include the provisions of Section 4.2 and those
provisions of Sections 3.1(b), 3.3(a) and 9 that apply only to Awards intended to constitute Performance-Based Compensation.

 

(ii)              
With respect to Awards other than Transition Awards granted during the Transition Period and which are not settled or paid
prior to the end of the Transition Period, and with respect to all Awards granted following the Transition Period, the stockholder
approval and other requirements of Section 162(m) must be satisfied with respect to any Awards intended to qualify as Performance-Based
Compensation.

 

		15.	Term; Plan Termination and Amendment of the Plan; Modification of Awards.

 

15.1.       
Term. The Plan shall terminate on the Plan Termination Date and no Award shall be granted after that date. The applicable
terms of the Plan and any terms and conditions applicable to Awards granted prior to the Plan Termination Date shall survive the
termination of the Plan and continue to apply to such Awards.

 

15.2.       
Plan Amendment or Plan Termination. The Board may earlier terminate the Plan and the Board may at any time and from
time to time amend, modify or suspend the Plan; provided, however, that:

 

(a)               
except as otherwise provided in Section 14.2, no such amendment, modification, suspension or termination shall materially
and adversely alter any Awards theretofore granted under the Plan, except with the consent of the Participant, nor shall any amendment,
modification, suspension or termination deprive any Participant of any Shares which he or she may have acquired through or as a
result of the Plan; and

 

(b)              
to the extent necessary under any applicable law, regulation or exchange requirement or as provided in Section 3.7, no other
amendment shall be effective unless approved by the stockholders of the Company in accordance with applicable law, regulation or
exchange requirement.

 

    	25

    	 

    

 

15.3.       
Modification of Awards. No modification of an Award shall materially and adversely alter or impair any rights or
obligations under the Award without the consent of the Participant.

 

		16.	Non-Exclusivity of the Plan.

 

The adoption of the Plan by the Board shall not be construed
as amending, modifying or rescinding any previously approved incentive arrangement or as creating any limitations on the power
of the Board to adopt such other incentive arrangements as it may deem desirable, including, without limitation, the granting of
stock options otherwise than under the Plan, and such arrangements may be either applicable generally or only in specific cases.

 

		17.	Limitation of Liability.

 

As illustrative of the limitations of liability of the Company,
but not intended to be exhaustive thereof, nothing in the Plan shall be construed to:

 

(a)               
give any person any right to be granted an Award other than at the sole discretion of the Committee;

 

(b)              
limit in any way the right of the Company or any of its Subsidiaries to terminate the employment of or the provision of
services by any person at any time;

 

(c)               
be evidence of any agreement or understanding, express or implied, that the Company will pay any person at any particular
rate of compensation or for any particular period of time; or

 

(d)              
be evidence of any agreement or understanding, express or implied, that the Company will employ any person at any particular
rate of compensation or for any particular period of time.

 

		18.	Regulations and Other Approvals; Governing Law.

 

18.1.       
Governing Law. Except as to matters of federal law, the Plan and the rights of all persons claiming hereunder shall
be construed and determined in accordance with the laws of the State of Delaware without giving effect to conflicts of laws principles
thereof.

 

18.2.       
Compliance with Law.

 

(a)               
The obligation of the Company to sell or deliver Shares with respect to Awards granted under the Plan shall be subject to
all applicable laws, rules and regulations, including all applicable federal and state securities laws, and the obtaining of all
such approvals by governmental agencies as may be deemed necessary or appropriate by the Committee.

 

(b)              
The Board may make such changes as may be necessary or appropriate to comply with the rules and regulations of any government
authority or to obtain for Eligible Individuals granted Incentive Stock Options the tax benefits under the applicable provisions
of the Code and regulations promulgated thereunder.

 

    	26

    	 

    

 

(c)               
Each grant of an Award and the issuance of Shares or other settlement of the Award is subject to compliance with all applicable
federal, state and foreign law. Further, if at any time the Committee determines, in its discretion, that the listing, registration
or qualification of Shares issuable pursuant to the Plan is required by any securities exchange or under any federal, state or
foreign law, or that the consent or approval of any governmental regulatory body is necessary or desirable as a condition of, or
in connection with, the grant of an Award or the issuance of Shares, no Awards shall be or shall be deemed to be granted or payment
made or Shares issued, in whole or in part, unless listing, registration, qualification, consent or approval has been effected
or obtained free of any conditions that are not acceptable to the Committee. Any person exercising an Option or receiving Shares
in connection with any other Award shall make such representations and agreements and furnish such information as the Board or
Committee may request to assure compliance with the foregoing or any other applicable legal requirements.

 

18.3.       
Transfers of Plan Acquired Shares. Notwithstanding anything contained in the Plan or any Award Agreement to the contrary,
in the event that the disposition of Shares acquired pursuant to the Plan is not covered by a then current registration statement
under the Securities Act and is not otherwise exempt from such registration, such Shares shall be restricted against transfer to
the extent required by the Securities Act and Rule 144 or other regulations promulgated thereunder. The Committee may require any
individual receiving Shares pursuant to an Award granted under the Plan, as a condition precedent to receipt of such Shares, to
represent and warrant to the Company in writing that the Shares acquired by such individual are acquired without a view to any
distribution thereof and will not be sold or transferred other than pursuant to an effective registration thereof under the Securities
Act or pursuant to an exemption applicable under the Securities Act or the rules and regulations promulgated thereunder. The certificates
evidencing any of such Shares shall be appropriately amended or have an appropriate legend placed thereon to reflect their status
as restricted securities as aforesaid.

 

		19.	Miscellaneous.

 

19.1.       
Award Agreements. Each Award Agreement shall either be (a) in writing in a form approved by the Committee and executed
on behalf of the Company by an officer duly authorized to act on its behalf, or (b) an electronic notice in a form approved by
the Committee and recorded by the Company (or its designee) in an electronic recordkeeping system used for the purpose of tracking
Awards as the Committee may provide. If required by the Committee, an Award Agreement shall be executed or otherwise electronically
accepted by the recipient of the Award in such form and manner as the Committee may require. The Committee may authorize any officer
of the Company to execute any or all Award Agreements on behalf of the Company.

 

19.2.       
Forfeiture Events; Clawback. The Committee may specify in an Award Agreement that the Participant’s rights,
payments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture, clawback or recoupment
upon the occurrence of certain specified events or as required by law, in addition to any otherwise applicable forfeiture provisions
that apply to the Award. Without limiting the generality of the foregoing, any Award under the Plan shall be subject to the terms
of any clawback policy maintained by the Company or as required by law, as it may be amended from time to time.

 

    	27

    	 

    

 

19.3.       
Multiple Agreements. The terms of each Award may differ from other Awards granted under the Plan at the same time
or at some other time. The Committee may also grant more than one Award to a given Eligible Individual during the term of the Plan,
either in addition to or, subject to Section 3.7, in substitution for one or more Awards previously granted to that Eligible Individual.

 

19.4.       
Withholding of Taxes. The Company or any of its Subsidiaries may withhold from any payment of cash or Shares to a
Participant or other Person under the Plan an amount sufficient to cover any withholding taxes which may become required with respect
to such payment or take any other action it deems necessary to satisfy any income or other tax withholding requirements as a result
of the grant, exercise, vesting or settlement of any Award under the Plan. The Company or any of its Subsidiaries shall have the
right to require the payment of any such taxes or to withhold from wages or other amounts otherwise payable to a Participant or
other Person, and require that the Participant or other Person furnish all information deemed necessary by the Company or any of
its Subsidiaries to meet any tax reporting obligation as a condition to exercise or before making any payment or the issuance or
release of any Shares pursuant to an Award. If the Participant or other Person shall fail to make such tax payments as are required,
the Company or its Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment
of any kind otherwise due to such Participant or other Person or to take such other action as may be necessary to satisfy such
withholding obligations. If specified in an Award Agreement at the time of grant or otherwise approved by the Committee in its
sole discretion, a Participant may, in satisfaction of his or her obligation to pay withholding taxes in connection with the exercise,
vesting or other settlement of an Award, elect to (i) make a cash payment to the Company, (ii) have withheld a portion of the Shares
then issuable to him or her or the cash otherwise payable to him or her pursuant to an Award or (iii) deliver Shares owned by the
Participant prior to the exercise, vesting or other settlement of an Award, in each case having an aggregate Fair Market Value
equal to the withholding taxes. To the extent that Shares are used to satisfy withholding obligations of a Participant pursuant
to this Section 19.4 (whether previously-owned Shares or Shares withheld from an Award), they may only be used to satisfy the minimum
tax withholding required by law (or such other amount as will not have any adverse accounting impact as determined by the Committee).

 

19.5.       
Disposition of ISO Shares. If a Participant makes a disposition, within the meaning of Section 424(c) of the Code
and regulations promulgated thereunder, of any Share or Shares issued to such Participant pursuant to the exercise of an Incentive
Stock Option within the two-year period commencing on the day after the date of the grant or within the one-year period commencing
on the day after the date of transfer of such Share or Shares to the Participant pursuant to such exercise, the Participant shall,
within ten (10) days of such disposition, notify the Company thereof, by delivery of written notice to the Company at its principal
executive office.

 

19.6.       
Plan Unfunded. The Plan shall be unfunded. Except for reserving a sufficient number of authorized Shares to the extent
required by law to meet the requirements of the Plan, the Company shall not be required to establish any special or separate fund
or to make any other segregation of assets to assure payment of any Award granted under the Plan.

  

    	28

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]