Document:

EX-10.12

 Exhibit 10.12 

FedEx Corporation 
 2010
OMNIBUS STOCK INCENTIVE PLAN 
 Section 1. Purpose 

The purpose of the FedEx Corporation 2010 Omnibus Stock Incentive Plan is to aid the Company and its Affiliates in retaining, attracting and
rewarding Non-Management Directors and designated employees and to motivate them to exert their best efforts to achieve the long-term goals of the Company and its Affiliates. The Company believes that the
ownership or increased ownership of Common Stock by employees and directors, or otherwise linking the compensation of employees and directors to the value of Common Stock, will further align their interests with those of the Company’s other
stockholders and will promote the long-term success of the Company and the creation of long-term stockholder value. Accordingly, the Plan authorizes the grant of equity incentive awards to designated employees of the Company and its Affiliates and
to directors of the Company. 
 Section 2. Definitions and Rules of Construction 

2.1 Definitions. The following capitalized terms used in the Plan shall have the respective meanings set forth below: 

“Affiliate” means (a) any Subsidiary and (b) any other entity that, directly or through one or more intermediaries,
is controlled by the Company, as determined by the Committee. 
 “Award” means any Stock Option, Stock Appreciation Right,
Restricted Share, Restricted Stock Unit, Dividend Equivalent or Other Stock-Based Award, together with any related right or interest, granted to a Participant under the Plan. 

“Award Agreement” means a written or electronic agreement between the Company and a Participant setting forth the terms,
conditions, restrictions and other provisions of an Award granted to the Participant. 
 “Board of Directors” means the
Board of Directors of the Company. 
 “Change of Control” has the meaning given such term in Section 20.1. 

“Code” means the Internal Revenue Code of 1986, as amended. For purposes of the Plan, references to sections of the Code
shall be deemed to include references to any applicable regulations, including proposed regulations, and other guidance issued thereunder by the Department of Treasury or the Internal Revenue Service, and any successor provisions and regulations.

 “Committee” means those members, not less than two, of the Compensation Committee of the Board of Directors who are
Independent Directors, or any successor committee or subcommittee of the Board of Directors designated by the Board of Directors, which committee or subcommittee shall be comprised of two or more members of the Board of Directors, each of whom is an
Independent Director. 
 “Common Stock” means the common stock, par value $0.10 per share, of the Company and such other
securities of the Company as may be substituted for Common Stock pursuant to Section 19.1 or 19.2. 
 “Company” means
FedEx Corporation, a Delaware corporation. 
 “Covered Employee” means an employee of the Company or an Affiliate who is a
“covered employee” within the meaning of Code Section 162(m)(3). 
 “Disability” means “permanent
disability” as determined by the Committee in its sole discretion. 
 “Dividend Equivalent” means the right granted to
a Participant under Section 14 of the Plan to receive a payment in an amount equal to the dividends paid on one outstanding Share with respect to all or a portion of the Shares subject to a Full-Value Award held by such Participant. 

 “Effective Date” has the meaning given such term in Section 3.1. 

“Eligible Person” means (a) any employee of the Company or an Affiliate, (b) any individual to whom an offer of
employment with the Company or an Affiliate is made, as determined by the Committee (provided that such prospective employee may not receive any payment or exercise any right with respect to an Award until such person has commenced such employment),
and (c) any Non-Management Director. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended. A reference to any provision of the Exchange Act or rule promulgated under the Exchange Act shall include reference to any successor provision or rule. 

“Exercise Price” means (a) in the case of a Stock Option, the amount for which a Share may be purchased upon exercise of
such Stock Option, as set forth in the applicable Award Agreement, and (b) in the case of a Stock Appreciation Right, the per Share amount, as specified in the applicable Award Agreement, which is subtracted from the Fair Market Value of a
Share in determining the amount payable upon exercise of such SAR. 
 “Fair Market Value” means, on any date, (a) the
average of the high and low per Share sales prices as reported on the New York Stock Exchange composite tape on that date or (b) if such method is not practicable, the value of a Share as determined by the Committee using such other method as
it deems appropriate. 
 “Full-Value Award” means any Award other than in the form of a Stock Option or Stock Appreciation
Right and which is settled by the issuance of Shares (or at the discretion of the Committee, settled in cash or other consideration by reference to the value of Shares). 

“Grant Date” means the date on which the Committee completes the corporate action authorizing the grant of an Award or such
later date as is determined and specified by the Committee as part of that authorization process. 
 “Incentive Stock
Option” or “ISO” means a Stock Option or portion thereof that is intended to be and specifically designated as an “incentive stock option” within the meaning of Code Section 422 and meets the requirements
thereof. 
 “Independent Director” means a member of the Board of Directors who qualifies at any given time as (a) an
“independent director” under Section 303A of the New York Stock Exchange Listed Company Manual, (b) an “outside director” within the meaning of Code Section 162(m), and (c) a
“non-employee director” as defined in Rule 16b-3. 

“Minimum Vesting Requirement” has the meaning given such term in Section 4.2(f). 

“Net Exercise” means a Participant’s ability (if authorized by the Committee) to exercise a Stock Option by directing
the Company to deduct from the Shares issuable upon exercise of his or her Stock Option a number of Shares having an aggregate Fair Market Value equal to the sum of the aggregate Exercise Price therefor plus the amount of the Participant’s tax
withholding (if any), whereupon the Company shall issue to the Participant the net remaining number of Shares after such deduction. 
 “Non-Management Director” means a member of the Board of Directors who is not an employee of the Company or an Affiliate. 

“Non-Qualified Stock Option” or “NQSO” means a Stock Option or
portion thereof that is not an Incentive Stock Option. 
 “Other Stock-Based Award” means an Award granted to a Participant
under Section 15 of the Plan. 
 “Participant” means any Eligible Person who receives an Award under the Plan. 

“Performance Award” means an Award that includes performance conditions as specified by the Committee pursuant to
Section 12 of the Plan. 
 “Performance Period” has the meaning given such term in Section 13.2. 

“Plan” means the FedEx Corporation 2010 Omnibus Stock Incentive Plan, as amended from time to time. 

  
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 “Qualified Performance-Based Award” means an Award that is either (a) in
the form of Restricted Shares, Restricted Stock Units or Other Stock-Based Awards, is intended to qualify for the Section 162(m) Exemption, is made subject to performance goals based on Qualified Performance Criteria as set forth in
Section 13.3, and is designated by the Committee as a Qualified Performance-Based Award pursuant to Section 13 of the Plan, or (b) a Stock Option or Stock Appreciation Right having an Exercise Price equal to or greater than the Fair
Market Value of a Share as of the Grant Date. 
 “Qualified Performance Criteria” means one or more of the business
criteria listed in Section 13.3 upon which performance goals for certain Qualified Performance-Based Awards may be established by the Committee. 

“Reporting Person” means an employee of the Company or an Affiliate who is subject to the reporting requirements of
Section 16(a) of the Exchange Act. 
 “Restricted Shares” means Shares granted to a Participant under Section 10
of the Plan that are subject to certain restrictions and conditions and to a risk of forfeiture. 
 “Restricted Stock Unit”
or “RSU” means the right to acquire one Share, or receive the equivalent amount in cash, granted to a Participant under Section 11 of the Plan, which right is subject to certain restrictions and conditions and to a risk of
forfeiture. 
 “Retirement ” means with respect to any Participant, (a) the attainment by the Participant of the age
of 55 and the cessation of the Participant’s Service, or (b) the Participant’s “retirement” as determined by the Committee in its sole discretion. 

“Rule 16b-3” means Rule 16b-3 under the
Exchange Act. 
 “Section 162(m) Exemption” means the exemption from the limitation of deductibility
under Section 162(m)(4)(C) of the Code. 
 “Securities Act” means the Securities Act of 1933, as amended, and the
rules promulgated thereunder or any successor statute thereto. 
 “Service” means a Participant’s employment with the
Company or an Affiliate or a Participant’s service as a Non-Management Director, as applicable. 

“Shares” means shares of Common Stock. 

“Stock Appreciation Right” or “SAR” means a right granted to a Participant under Section 9 of the Plan
to receive a payment equal to the excess of the Fair Market Value of a Share as of the date of exercise of the SAR over the Exercise Price of the SAR. 

“Stock Option” means a right granted to a Participant under Section 8 of the Plan to purchase a specified number of
Shares at a specified price during a specified time period. A Stock Option may be an Incentive Stock Option or a Non-Qualified Stock Option. 

“Subsidiary” means any corporation or other entity of which the Company possesses, directly or through one or more
intermediaries, 50% or more of the total combined voting power of such entity. 
 “Substitute Awards” means Awards granted
under Section 7.6 in assumption of, or in substitution for, outstanding awards previously granted by a company acquired by the Company or an Affiliate. 

2.2 Rules of Construction. The section and other headings contained in the Plan are for reference purposes only and shall not affect
the meaning or interpretation of the Plan. Unless the context clearly requires otherwise: (a) references to the plural include the singular and to the singular include the plural; (b) the terms “includes” and
“including” are not limiting; (c) the term “or” has the inclusive meaning represented by the phrase “and/or”; and (d) any grammatical form or variant of a term defined in the Plan shall be construed to have a
meaning corresponding to the definition of the term set forth herein. The terms “hereof,” “hereto,” “hereunder” and similar terms in the Plan refer to the Plan as a whole and not to any particular provision of the Plan.

  
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 Section 3. Term of the Plan 

3.1 Effective Date. The Plan shall be effective as of the date on which it is approved by the Company’s stockholders (the
“Effective Date”). 
 3.2 Term of the Plan. Unless the Plan is earlier terminated in accordance with the provisions hereof,
no Award shall be granted under the Plan after June 30, 2020, but Awards granted on or prior to such date shall continue to be governed by the terms and conditions of the Plan and the applicable Award Agreement (including terms regarding
amendments to or modifications of outstanding Awards). 
 Section 4. Administration of the Plan 

4.1 The Committee. The Plan shall be administered by the Committee. No action of the Committee under the Plan shall be void or deemed to
be without authority due to a Committee member’s failure to qualify as an Independent Director at the time the action was taken. 
 4.2
Committee Authority. Subject to the express provisions of the Plan, the Committee shall have full and exclusive power, authority and discretion to take any and all actions necessary, appropriate or advisable for the administration of the
Plan, including the following: 
  

	 	(a)	Select Eligible Persons to become Participants; 

  

	 	(b)	Grant Awards; 

  

	 	(c)	Delegate the granting of Awards as specified in Section 4.5; 

  

	 	(d)	Determine the type or types of Awards to be granted to each Participant and the timing thereof; 

  

	 	(e)	Determine the number of Awards to be granted and the number of Shares to which an Award will relate; 

  

	 	(f)	Determine the terms, conditions, restrictions and other provisions of each Award, provided that the vesting schedule of any Award granted hereunder (other than Awards involving an aggregate number of Shares equal
to or less than 5% of the Shares available for issuance pursuant to Awards under the Plan) shall provide that no portion of such Award may become vested or exercisable prior to the first anniversary of the Grant Date of such Award, subject, however,
to the provisions of Sections 4.2(i), 7.6, 13.4, 18, 19.2, 20 and 22 (the “Minimum Vesting Requirement”); 

  

	 	(g)	Establish performance conditions for Performance Awards and Qualified Performance-Based Awards, and verify the level of performance attained with respect to such performance conditions; 

 

	 	(h)	Prescribe the form of each Award Agreement, which need not be identical for each Participant; 

  

	 	(i)	Amend, modify, suspend, discontinue or terminate the Plan, waive any restrictions or conditions applicable to any Award, or amend or modify the terms and conditions of any outstanding Award; 

 

	 	(j)	Adopt sub-plans or supplements to, or alternative versions of, the Plan as the Committee deems necessary or desirable to comply with the laws or regulations of or to accommodate
the tax policy or custom of, foreign jurisdictions; 

  

	 	(k)	Establish, adopt or revise rules, guidelines and policies for the administration of the Plan; 

  

	 	(l)	Construe and interpret the Plan, any Award Agreement and any other documents and instruments relating to the Plan or any Award; 

  

	 	(m)	Correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award Agreement; and 

  

	 	(n)	Make all other decisions and determinations and take such other actions with respect to the Plan or any Award as the Committee may deem necessary, appropriate or advisable for the administration of the Plan.

 The express grant of any specific power to the Committee, and the taking of any action by the Committee, shall not be
construed as limiting any power or authority of the Committee. 

  
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 4.3 Grants to Non-Management Directors. 

(a) Awards. Notwithstanding any other provision of the Plan, including Sections 4.1 and 4.2, any Awards made under
the Plan to Non-Management Directors shall be approved, or made in accordance with a policy or program approved, by the Board of Directors; provided, however, (1) the Committee shall
recommend such Awards, policy or program to the Board of Directors for its approval and (2) the Committee retains full independent authority conferred under the Plan with respect to all other aspects of Awards to
Non-Management Directors. Solely with respect to the grant of Awards to Non-Management Directors, all rights, powers and authorities vested in the Committee under the
Plan with respect thereto shall instead be exercised by the Board of Directors and any reference in the Plan to the Committee shall be deemed to include a reference to the Board of Directors. 

(b) Retainers and Meeting Fees. Upon such terms and conditions as may be established by the Board of Directors, each Non-Management Director may elect to have all or part of his or her retainer and meeting fees paid in Shares under the Plan. 

4.4 Actions and Interpretations by the Committee. All interpretations, decisions, determinations and actions under or with respect to
the Plan shall be within the sole discretion of the Committee, may be made at any time, and shall be final, conclusive and binding on all persons, including Participants, persons claiming rights from or through a Participant, and stockholders. The
Committee’s determinations under the Plan need not be uniform and may be made selectively among Participants, whether or not such Participants are similarly situated. 

4.5 Delegation of Authority. 

(a) Subject to any applicable laws, rules or regulations (including Section 157(c) of the Delaware General Corporation Law
or any successor provision), the Committee may, by resolution, expressly delegate to one or more officers of the Company the authority, within specified parameters as to the number, types and terms of Awards, to (1) designate Eligible Persons
to be recipients of Awards and (2) determine the number of such Awards to be received by any such Participants; provided, however, that such delegation may not be made with respect to Awards to be granted to any Non-Management Director, any Eligible Person who is a Reporting Person or any Eligible Person who is then a Covered Employee. 

(b) The Committee may delegate to any appropriate officer or employee of the Company or an Affiliate responsibility for
performing ministerial and administrative functions under the Plan. 
 (c) In the event that the Committee’s authority
is delegated to any officer or employee in accordance with Section 4.5(a) or (b), any actions undertaken by such person in accordance with the Committee’s delegation of authority shall have the same force and effect as if undertaken
directly by the Committee, and any reference in the Plan to the Committee shall, to the extent consistent with the terms and limitations of such delegation, be deemed to include a reference to such officer or employee. 

4.6 Limitation of Liability. The Committee and each member thereof shall be entitled to, in good faith, rely or act upon any report or
other information furnished by any officer or employee of the Company or an Affiliate, the Company’s independent certified public accountants, counsel or other advisors to the Company, or any consultant, attorney, accountant or other advisor
retained by the Committee to assist in the administration of the Plan. Neither the Board of Directors nor the Committee, nor any member of either, shall be liable for any act, omission, interpretation, decision, construction or determination made in
good faith in connection with the Plan or any Award. 
 Section 5. Shares Subject to the Plan; Maximum Awards 

5.1 Number of Shares. Subject to the Share counting rules set forth in Section 5.3 and to adjustment as provided in
Section 19, the aggregate number of Shares reserved and available for issuance pursuant to Awards granted under the Plan shall be 29,600,000, of which no more than 3,000,000 may be issued as Full-Value Awards. 

5.2 Incentive Stock Options. The maximum number of Shares that may be issued upon exercise of Incentive Stock Options granted under the
Plan shall be 19,600,000, subject to adjustment as provided in Section 19. 

  
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 5.3 Share Counting. 

(a) The number of Shares covered by an Award, or to which an Award relates, shall be subtracted from the Plan Share reserve as
of the Grant Date. 
 (b) To the extent an Award is canceled, terminates, expires, is forfeited or lapses for any reason (in
whole or in part), any unissued or forfeited Shares subject to the Award shall be added back to the Plan Share reserve and available again for issuance pursuant to Awards granted under the Plan. 

(c) Any Shares related to Awards that are settled in cash or other consideration in lieu of Shares shall be added back to the
Plan Share reserve and available again for issuance pursuant to Awards granted under the Plan. 
 (d) Shares withheld or
deducted from an Award by the Company to satisfy tax withholding requirements relating to Stock Options or Stock Appreciation Rights shall not be added back to the Plan Share reserve and shall not again be available for issuance pursuant to Awards
granted under the Plan, but Shares withheld or deducted by the Company to satisfy tax withholding requirements relating to Full-Value Awards shall be added back to the Plan Share reserve and available again for issuance pursuant to Awards granted
under the Plan. Shares delivered by a Participant to the Company to satisfy tax withholding requirements shall be treated in the same way as Shares withheld or deducted from an Award as specified above for purposes of Share counting under this
Section 5.3(d). 
 (e) To the extent that the full number of Shares subject to a Stock Option or a Share-settled Stock
Appreciation Right is not issued upon exercise of such Stock Option or Stock Appreciation Right for any reason, including by reason of a net settlement or Net Exercise, then all Shares that were covered by the exercised Stock Option or SAR shall not
be added back to the Plan Share reserve and shall not again be available for issuance pursuant to Awards granted under the Plan. 

(f) If the Exercise Price of a Stock Option is satisfied by delivering Shares to the Company (by either actual delivery or
attestation), such Shares shall not be added to the Plan Share reserve and shall not be available for issuance pursuant to Awards granted under the Plan. 

(g) To the extent that the full number of Shares subject to a Performance Award or Qualified Performance-Based Award (other
than a Stock Option or Stock Appreciation Right) is not issued by reason of failure to achieve maximum performance goals, the number of Shares not issued shall be added back to the Plan Share reserve and shall be available again for issuance
pursuant to Awards granted under the Plan. 
 (h) Shares repurchased on the open market with the proceeds of a Stock Option
exercise shall not be added to the Plan Share reserve and shall not be available for issuance pursuant to Awards granted under the Plan. 

(i) Any Dividend Equivalent denominated in Shares shall be counted against the aggregate number of Shares available for
issuance pursuant to Awards under the Plan in such amount and at such time as the Dividend Equivalent first constitutes a commitment to issue Shares. 

(j) Substitute Awards granted pursuant to Section 7.6 shall not count against the Plan Share reserve and the Shares
otherwise available for issuance under the Plan. 
 5.4 Source of Shares. Shares issued under the Plan may consist, in whole or in
part, of authorized but unissued shares or treasury shares. 
 5.5 Fractional Shares. No fractional Shares shall be issued under or
pursuant to the Plan or any Award and the Committee shall determine, in its sole discretion, whether cash shall be given in lieu of fractional Shares or whether such fractional Shares shall be eliminated by rounding up or down. 

5.6 Maximum Awards. Subject to adjustment as provided in Section 19: 

(a) Stock Options. The maximum aggregate number of Shares subject to Stock Options granted under the Plan to any one
Participant during any fiscal year of the Company shall be 1,000,000. 
 (b) SARs. The maximum aggregate number of
Shares subject to Stock Appreciation Rights granted under the Plan to any one Participant during any fiscal year of the Company shall be 1,000,000. 

  
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 (c) Restricted Shares. The maximum aggregate number of Restricted Shares
granted under the Plan to any one Participant during any fiscal year of the Company shall be 500,000. 
 (d) RSUs. The
maximum aggregate number of Shares underlying Awards of Restricted Stock Units granted under the Plan to any one Participant during any fiscal year of the Company shall be 500,000. 

(e) Other Stock-Based Awards. The maximum aggregate number of Shares underlying Other Stock-Based Awards granted under
the Plan to any one Participant during any fiscal year of the Company shall be 500,000. 
 (f) Performance Awards. The
maximum aggregate number of Shares underlying Performance Awards granted under the Plan to any one Participant during any fiscal year of the Company shall be as set forth in Sections 5.6(a) – (e) above. 

(g) Qualified Performance-Based Awards. The maximum aggregate number of Shares underlying Qualified Performance-Based
Awards (other than Stock Options and Stock Appreciation Rights ) granted under the Plan to any one Participant during any fiscal year of the Company shall be as set forth in Sections 5.6(c) – (e) above. 

Section 6. Eligibility and Participation in the Plan; Limitation on Rights of Participants 

6.1 Eligible Persons. Only Eligible Persons are eligible to be designated by the Committee to receive Awards and become Participants
under the Plan. 
 6.2 Participation in the Plan. The Committee shall from time to time, in its sole and complete discretion and
subject to the provisions of the Plan, designate those Eligible Persons to whom Awards shall be granted and shall determine the nature and amount of each Award. 

6.3 No Right to Receive Award or Be Treated Uniformly. 

(a) No Eligible Person or other person shall have any claim or right to receive an Award under the Plan, and no Participant,
having received an Award, shall have any claim or right to receive a future Award. 
 (b) Neither the Company, its Affiliates
nor the Committee has any obligation to treat Eligible Persons or Participants uniformly under the Plan. Determinations made under the Plan may be made by the Committee selectively among Eligible Persons and Participants, whether or not such persons
are similarly situated. 
 (c) The grant of an Award under this Plan shall not confer any rights upon the Participant holding
such Award other than such terms, and subject to such conditions, as are specified in the Plan as being applicable to such type of Award or to all Awards or as are expressly set forth in the Award Agreement relating to such Award. 

6.4 No Right to Employment or Service. Neither the Plan, any Award granted under the Plan nor any Award Agreement (a) shall be
deemed to constitute an employment contract or confer or be deemed to confer upon any Eligible Person or Participant any right to remain employed by the Company or an Affiliate, as the case may be, or to continue to provide services as a Non-Management Director, or (b) interfere with or limit in any way the right of the Company or an Affiliate, as the case may be, to terminate an Eligible Person’s or Participant’s employment by the
Company or an Affiliate or service as a Non-Management Director for any reason at any time. 

Section 7. Awards Generally 

7.1 Form and Grant of Awards. The Committee shall have the authority, in its sole discretion, to determine the type or types of Awards
to be granted under the Plan. Subject to the provisions of the Plan (including Section 21), Awards may, in the sole discretion of the Committee, be granted either alone or in addition to, in tandem with, or in substitution for any other Award
or any award granted under any other plan of the Company or any Affiliate. Awards granted in addition to or in tandem with other Awards, or in addition to or in tandem with awards granted under any other plan of the Company or any Affiliate, may be
granted either at the same time as or at a different time from the grant of such other Awards or awards. 

  
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 7.2 No Cash Consideration for the Grant of Awards. Unless otherwise determined by the
Committee and set forth in the applicable Award Agreement, Awards shall be granted for no cash consideration or for such minimal cash consideration as may be required by applicable law. 

7.3 Award Agreements. Awards granted under the Plan shall be evidenced by an Award Agreement that shall contain such terms, conditions,
restrictions and provisions as the Committee shall determine and that are not inconsistent with the Plan. The Committee may, in its sole discretion, require as a condition to any Award Agreement’s effectiveness that such Award Agreement be
executed by the Participant, including by electronic signature or other electronic indication of acceptance. The terms and conditions of Award Agreements need not be the same with respect to each Participant. 

7.4 Forms of Payment Under Awards. Subject to the provisions of the Plan, payment or settlement of Awards may be made in such form or
forms as the Committee shall determine and as shall be set forth in the applicable Award Agreement, including Shares, cash, other securities of the Company, other Awards, any other form of property as the Committee shall determine, or any
combination thereof. Payment of Awards may be made in a single payment or transfer, in installments, or on a deferred basis (subject to the provisions of Section 24.10), as determined by the Committee and subject to the provisions of the Plan.

 7.5 Nontransferability of Awards; Beneficiaries. 

(a) Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, no Award, nor any interest in
such Award, may be sold, pledged, assigned, exchanged, encumbered, hypothecated, gifted, transferred or disposed of in any manner by the Participant, other than by will or by the laws of descent and distribution. Unless otherwise determined by the
Committee and set forth in the applicable Award Agreement, all rights with respect to Awards granted to a Participant under the Plan shall be exercisable during the Participant’s lifetime only by such Participant or a duly appointed legal
guardian or legal representative of such Participant. Notwithstanding the foregoing, the Committee shall not permit any Participant to transfer an Award to a third party for value. 

(b) Notwithstanding the provisions of Section 7.5(a), the Committee, in its sole discretion, may provide in the terms of
an Award Agreement, or in any other manner prescribed by the Committee, that a Participant shall have the right to designate, in the manner determined by the Committee, a beneficiary or beneficiaries who shall be entitled to exercise any rights and
to receive any payments or distributions with respect to an Award following the Participant’s death. 
 (c) A legal
guardian, legal representative, beneficiary or other person claiming any rights under the Plan from or through a Participant shall be subject to all terms and conditions of the Plan and the relevant Award Agreement applicable to the Participant,
except as otherwise determined by the Committee, and to any additional terms and conditions deemed necessary, appropriate or advisable by the Committee. If the Committee does not authorize the designation of a beneficiary, or if so authorized, no
beneficiary has been designated or survives the Participant, an outstanding Award may be exercised by or shall become payable to the legal representative of the Participant’s estate. 

7.6 Substitute Awards. The Committee may grant Awards under the Plan in assumption of, or in substitution or exchange for, stock and
stock-based awards held by employees and directors of another entity who become Eligible Persons in connection with the acquisition (whether by purchase, merger, consolidation or other corporate transaction) by the Company or an Affiliate of the
business or assets of the former employing entity (“Substitute Awards”). The Committee may direct that the Substitute Awards be granted on such terms and conditions as the Committee considers appropriate in the circumstances. 

7.7 Issuance of Shares. To the extent that the Plan or any Award Agreement provides for the issuance of Shares, the issuance may be
effected on a certificated or non-certificated basis, subject to applicable law and the applicable rules of any stock exchange. 

Section 8. Stock Options 

8.1 Grant of Stock Options. The Committee may grant Stock Options to any Eligible Person selected by the Committee. Stock Options shall
be designated, in the discretion of the Committee, as an Incentive Stock Option or as a Non-Qualified Stock Option or a combination thereof. Each Stock Option will be evidenced by an Award Agreement that shall
set forth the number of Shares covered by the Stock Option, the Exercise Price, the term of the Stock Option, the vesting schedule, and such other terms, conditions and provisions as may be specified by the Committee consistent with the terms of the
Plan. 

  
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 8.2 Exercise Price. The Exercise Price of a Stock Option shall be determined by the
Committee, provided that the Exercise Price of a Stock Option (other than a Stock Option issued as a Substitute Award) shall not be less than 100% of the Fair Market Value of a Share on the Grant Date. 

8.3 Exercise Term. The Committee shall determine the period during which a Stock Option may be exercised, provided that no Stock
Option shall be exercisable for more than ten years from the Grant Date of such Stock Option. 
 8.4 Time and Conditions of Exercise.
The Committee shall establish the time or times at which a Stock Option may be exercised in whole or in part, subject to Section 8.3 and the Minimum Vesting Requirement. The Committee also shall determine the performance or other conditions, if
any, that must be satisfied before all or part of a Stock Option may be exercised. 
 8.5 Incentive Stock Options. 

(a) Eligibility. Incentive Stock Options may be granted only to employees of (1) the Company or (2) an
Affiliate that is a “subsidiary corporation” within the meaning of Code Section 424(f). 
 (b) Annual
Limit. To the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year (under the Plan and any other stock option plan of
the Company) exceeds $100,000 or, if different, the maximum limitation in effect at the time of grant under the Code (the Fair Market Value being determined as of the Grant Date for the ISO), such portion in excess of $100,000 shall be treated as a Non-Qualified Stock Option. 
 (c) Code Section 422. The terms of
any Incentive Stock Option granted under the Plan shall comply in all respects with the provisions of Code Section 422. Any Stock Option or portion thereof that is designated as an ISO that for any reason fails to meet the requirements of an
ISO shall be treated as a Non-Qualified Stock Option. 
 (d) Disqualifying
Dispositions. If Shares acquired upon exercise of an Incentive Stock Option are disposed of within two years following the Grant Date of the ISO or one year following the transfer of such Shares to the Participant upon exercise, the Participant
shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Company may reasonably require. 

8.6 No Reloads. Award Agreements for Stock Options shall not contain any provision entitling a Participant to the automatic grant of
additional Stock Options in connection with the exercise of the original Stock Option. 
 8.7 Exercise Procedures. Stock Options may
be exercised by Participants in accordance with such rules and procedures as may be established by the Committee. 
 8.8 Payment of
Exercise Price. The full Exercise Price of a Stock Option shall be payable in cash at the time the Stock Option is exercised (including payment through a “cashless exercise” arrangement), together with any applicable withholding taxes.
The Committee, in its sole discretion, may provide in an Award Agreement or otherwise (subject to such terms, conditions, provisions and restrictions set forth therein) that: (a) payment of all or any part of the aggregate Exercise Price of a
Stock Option may be made by tendering (actually or by attestation) Shares already owned by the Participant; or (b) the Stock Option may be exercised through a Net Exercise procedure. 

Section 9. Stock Appreciation Rights 

9.1 Grant of SARs. The Committee may grant Stock Appreciation Rights to any Eligible Person selected by the Committee. An SAR may be
granted in tandem with a Stock Option or alone (“freestanding”). Each SAR will be evidenced by an Award Agreement that shall set forth the number of Shares covered by the SAR, the Exercise Price, the term of the SAR, the vesting schedule,
and such other terms, conditions and provisions as may be specified by the Committee consistent with the terms of the Plan. 

  
 9 

 9.2 Freestanding SARs. 

(a) Exercise Price. The Exercise Price of a freestanding Stock Appreciation Right shall be determined by the Committee,
provided that the Exercise Price of a freestanding SAR (other than a freestanding SAR issued as a Substitute Award) shall not be less than 100% of the Fair Market Value of a Share on the Grant Date. 

(b) Exercise Term. The Committee shall determine the period during which a freestanding Stock Appreciation Right may be
exercised, provided that no freestanding SAR shall be exercisable for more than ten years from the Grant Date of such SAR. 

(c) Time and Conditions of Exercise. The Committee shall determine the time or times at which a freestanding SAR may be
exercised in whole or in part, subject to Section 9.2(b) and the Minimum Vesting Requirement. The Committee also shall determine the performance or other conditions, if any, that must be satisfied before all or part of a freestanding SAR may be
exercised. 
 9.3 Tandem Stock Options/SARs. A Stock Appreciation Right may be granted in tandem with a Stock Option, either at the
time of grant or at any time thereafter during the term of the Stock Option. A tandem Stock Option/SAR will entitle the Participant to elect, as to all or any portion of the number of Shares subject to the Award, to exercise either the Stock Option
or the SAR, resulting in the reduction of the corresponding number of Shares subject to the right so exercised as well as the tandem right not so exercised. An SAR granted in tandem with a Stock Option shall have an Exercise Price equal to the
Exercise Price of the Stock Option, will be vested and exercisable at the same time or times that a related Stock Option is vested and exercisable, and will expire no later than the time at which the related Stock Option expires. 

9.4 Payment of SARs. Upon the exercise of a Stock Appreciation Right, the Participant shall be entitled to receive an amount determined
by multiplying (a) the excess of the Fair Market Value of a Share on the date of exercise over the Exercise Price by (b) the number of Shares with respect to which the SAR is exercised. The payment upon exercise of an SAR may be in cash,
Shares valued at their Fair Market Value on the date of exercise, any other form of consideration, or some combination thereof, as determined by the Committee and set forth in the applicable Award Agreement, and shall be subject to any applicable
withholding taxes. 
 Section 10. Restricted Shares 

10.1 Grant of Restricted Shares. The Committee may grant Restricted Shares to any Eligible Person selected by the Committee, in such
amounts as shall be determined by the Committee. Each grant of Restricted Shares will be evidenced by an Award Agreement that shall set forth the number of Restricted Shares covered by the Award and the terms, conditions, restrictions and other
provisions applicable to the Restricted Shares as may be specified by the Committee consistent with the terms of the Plan. 
 10.2
Restrictions and Lapse of Restrictions. Restricted Shares shall be subject to such restrictions on transferability, risk of forfeiture and other restrictions as the Committee may impose. Subject to the Minimum Vesting Requirement, these
restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, upon the satisfaction of performance goals or continued Service requirements, or otherwise, as determined by the Committee and set
forth in the applicable Award Agreement. If the vesting requirements applicable to all or any part of an Award of Restricted Shares shall not be satisfied, the Restricted Shares with respect to which such requirements are not satisfied shall be
returned to the Company. 
 10.3 Issuance of Restricted Shares. Restricted Shares shall be delivered to the Participant at the time
of grant either by book-entry registration or by delivering to the Participant, or if required by the Committee, a custodian or escrow agent (including the Company or its designee) designated by the Committee, a stock certificate or certificates
registered in the name of the Participant. If physical certificates representing the Restricted Shares are registered in the name of the Participant, such certificates may, if the Committee so determines, bear an appropriate legend referring to the
terms, conditions and restrictions applicable to such Restricted Shares. 

  
 10 

 10.4 Additional Shares Received With Respect to Restricted Shares. Any Shares or other
securities of the Company received by a Participant as a stock dividend on, or in connection with a stock split or combination, share exchange, reorganization, recapitalization, merger, consolidation or otherwise with respect to, Restricted Shares
shall have the same status, be subject to the same restrictions and, if such Restricted Shares are represented by a certificate, bear the same legend, if any, as such Restricted Shares. 

10.5 Rights with Respect to Shares. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, a
Participant who receives an Award of Restricted Shares shall have all rights of ownership with respect to such Restricted Shares, including the right to vote such Shares and to receive any dividends or other distributions paid or made with respect
thereto, subject, however, to the provisions of the Plan, the applicable Award Agreement and, if such Restricted Shares are represented by a certificate, any legend on the certificate for such Shares. 

Section 11. Restricted Stock Units 

11.1 Grant of RSUs. The Committee may grant Restricted Stock Units to any Eligible Person selected by the Committee, in such amounts as
shall be determined by the Committee. Each grant of RSUs will be evidenced by an Award Agreement that shall set forth the number of RSUs covered by the Award and the terms, conditions, restrictions and other provisions applicable to the RSUs as may
be specified by the Committee consistent with the terms of the Plan. 
 11.2 Restrictions and Lapse of Restrictions. Restricted Stock
Units shall be subject to such restrictions on transferability, risk of forfeiture and other restrictions as the Committee may impose. Subject to the Minimum Vesting Requirement, these restrictions may lapse separately or in combination at such
times, under such circumstances, in such installments, upon the satisfaction of performance goals or continued Service requirements, or otherwise, as determined by the Committee and set forth in the applicable Award Agreement. 

11.3 Settlement of RSUs. Restricted Stock Units shall become payable to a Participant at the time or times set forth in the Award
Agreement, which may be upon or following the vesting of the Award (subject to the provisions of Section 24.10). RSUs may be paid in cash, Shares or a combination thereof, as determined by the Committee and set forth in the applicable Award
Agreement, subject to any applicable withholding taxes. 
 11.4 No Rights as a Stockholder. The Participant shall have no rights as a
stockholder with respect to an Award of Restricted Stock Units until such time as Shares are paid and delivered to the Participant in settlement of the RSUs pursuant to the terms of the Award Agreement. 

Section 12. Performance Awards 

12.1 Grant of Performance Awards. The Committee may specify that any Award granted under the Plan shall constitute a Performance Award
by conditioning the right of a Participant to exercise the Award or have it settled, and the timing thereof, upon achievement or satisfaction of such performance conditions as may be specified by the Committee. The Committee shall have the complete
discretion to determine the number of Performance Awards granted to each Participant, subject to the provisions of Section 5.6, and to designate the terms, conditions and provisions of such Performance Awards (subject to the Minimum Vesting
Requirement). Each Performance Award will be evidenced by an Award Agreement that shall set forth the terms, conditions and other provisions applicable to the Performance Award as may be specified by the Committee consistent with the terms of the
Plan. 
 12.2 Performance Goals. The Committee may use such business criteria and other performance measures as it may deem
appropriate in establishing any performance conditions for Performance Awards, and may reserve the right to exercise its discretion to reduce or increase the amounts payable under any Performance Award, provided that (a) such discretion
shall be limited as provided in Section 13.6 with respect to Qualified Performance-Based Awards and (b) no discretion to reduce or increase the amounts payable (except pursuant to the provisions of Section 19) shall be reserved unless
such reservation of discretion is expressly stated by the Committee at the time it acts to authorize or approve the grant of such Performance Award. 

  
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 Section 13. Qualified Performance-Based Awards 

13.1 Stock Options and SARs. The provisions of the Plan are intended to ensure that all Stock Options and Stock Appreciation Rights
granted hereunder to any Covered Employee shall qualify for the Section 162(m) Exemption. 
 13.2 Other Awards. When granting
any Award under the Plan other than a Stock Option or Stock Appreciation Right, the Committee may designate such Award as a Qualified Performance-Based Award, based upon a determination that the Participant is or may be a Covered Employee with
respect to such Award, and the Committee wishes such Award to qualify for the Section 162(m) Exemption. If an Award is so designated, the Committee shall establish objective performance goals for such Award no later than the earlier of
(a) the date 90 days after the commencement of the period of service to which the performance goal or goals relate as determined by the Committee in its sole discretion (the “Performance Period”) and (b) the date on which 25% of
such Performance Period has elapsed and, in any event, at a time when the outcome of the performance goals remains substantially uncertain. The Committee may establish different Performance Periods for different Participants, and the Committee may
establish concurrent or overlapping Performance Periods. 
 13.3 Qualified Performance Criteria. Performance goals for Qualified
Performance-Based Awards shall be based on one or more of the following Qualified Performance Criteria for the Company, on a consolidated basis or for a specified Affiliate or other business unit of the Company, or a division, region, department or
function within the Company or an Affiliate: 
  

	 	(a)	Revenues (net or gross); 

  

	 	(b)	Profit (including net profit, pre-tax profit, gross profit, operating profit, economic profit, profit margins or other corporate profit measures); 

 

	 	(c)	Earnings (including earnings before interest and taxes, earnings before interest, taxes, depreciation and amortization, earnings per share (basic or diluted) or other corporate earnings measures); 

 

	 	(d)	Income (including net income (before or after taxes), operating income or other corporate income measures); 

  

	 	(e)	Cash (including cash flow, free cash flow, operating cash flow, net cash provided by operations, cash flow in excess of cost of capital or other cash measures); 

 

	 	(f)	Return measures (including return on assets (gross or net), return on equity, return on income, return on invested capital, return on operating capital, return on sales, and cash flow return on assets, capital,
investments, equity or sales); 

  

	 	(g)	Operating margin or profit margin; 

  

	 	(h)	Contribution margin by business segment; 

  

	 	(i)	Share price or performance; 

  

	 	(j)	Total stockholder return; 

  

	 	(k)	Economic value increased; 

  

	 	(l)	Volume growth; 

  

	 	(m)	Package yields; 

  

	 	(n)	Expenses (including expense management, expense ratio, expense efficiency ratios, expense reduction measures or other expense measures); 

 

	 	(o)	Operating efficiency or productivity measures or ratios; 

  

	 	(p)	Dividend payout levels; 

  

	 	(q)	Internal rate of return or increase in net present value; and 

  

	 	(r)	Strategic business criteria consisting of one or more goals regarding, among other things, acquisitions and divestitures, successfully integrating acquisitions, customer satisfaction, employee satisfaction, safety
standards, strategic plan development and implementation, agency ratings of financial strength, completion of financing transactions and new product development. 

  
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 Performance goals with respect to the foregoing Qualified Performance Criteria may be specified
in absolute terms, in percentages, or in terms of growth from period to period or growth rates over time, and may be measured relative to the performance of one or more specified companies, or a published or special index, or a stock market index,
as the Committee deems appropriate. Performance goals need not be based on audited financial results. 
 13.4 Performance Goals. Each
Qualified Performance-Based Award (other than a Stock Option or Stock Appreciation Right) shall be earned, vested and payable (as applicable) only upon the achievement of the performance goals established by the Committee based upon one or more
Qualified Performance Criteria, together with the satisfaction of any other conditions, such as continued Service, as the Committee may determine to be appropriate; provided, however, that the Committee may provide in the applicable
Award Agreement, either at the time of grant or by amendment thereafter, that achievement of such performance goals will be waived, in whole or in part, upon (a) the termination of employment of a Participant by reason of death or Disability,
or (b) the occurrence of a Change of Control. Performance Periods established by the Committee for any Qualified Performance-Based Award may be as short as one year and may be any longer period. 

13.5 Calculation of Performance Goals. The Committee may provide in any Qualified Performance-Based Award, at the time the performance
goals are established, that any evaluation of performance shall exclude or otherwise objectively adjust for any specified event that occurs during a Performance Period, including the following: (a) asset write-downs or impairment charges;
(b) litigation or claim judgments or settlements; (c) the effect of changes in tax laws, accounting principles or other laws or provisions affecting reported results; (d) accruals and charges for reorganization and restructuring
programs; (e) acquisitions or divestitures; (f) foreign exchange gains and losses; (g) extraordinary nonrecurring items as described in Financial Accounting Standards Board Accounting Standards Codification Topic 225.20, “Income
Statement — Extraordinary and Unusual Items”; and (h) extraordinary nonrecurring items as described in management’s discussion and analysis of financial condition and results of operations appearing in the Company’s annual
report to stockholders for the applicable year. To the extent such inclusions or exclusions affect Awards to Covered Employees, they shall be prescribed in a form that meets the requirements of Code Section 162(m) for deductibility. 

13.6 Certification of Performance Goals. After the completion of the applicable Performance Period, the Committee shall certify in
writing the extent to which any performance goals and any other material conditions relating to a Qualified Performance-Based Award (other than a Stock Option or Stock Appreciation Right) have been satisfied, and the amount payable as a result
thereof, prior to payment, settlement or vesting of such Award. Except as specifically provided in Section 13.4, no Qualified Performance-Based Award held by a Covered Employee or by an employee who in the reasonable judgment of the Committee
may be a Covered Employee on the date of payment, may be amended, nor may the Committee exercise any discretionary authority it may otherwise have under the Plan with respect to a Qualified Performance-Based Award, in any manner to waive the
achievement of the applicable performance goals based on Qualified Performance Criteria or to increase the amount payable pursuant thereto or the value thereof, or otherwise in a manner that would cause the Qualified Performance-Based Award to cease
to qualify for the Section 162(m) Exemption. Subject to the provisions of Section 12.2, the Committee may, however, exercise negative discretion to determine that the portion of a Qualified Performance-Based Award actually earned, vested
or payable (as applicable) shall be less than the portion that would be earned, vested or payable based solely upon application of the applicable performance goals. 

13.7 Award Limits. Section 5.6 sets forth the maximum number of Shares that may be granted to any one Participant during any
fiscal year of the Company in designated forms of Awards. 
 Section 14. Dividend Equivalents 

14.1 Grant of Dividend Equivalents. The Committee is authorized to grant Dividend Equivalents with respect to Full-Value Awards granted
hereunder, subject to such terms and conditions as may be established by the Committee and set forth in the applicable Award Agreement. Dividend Equivalents shall entitle the Participant to receive payments equal to dividends paid on outstanding
Shares with respect to all or a portion of the number of Shares subject to a Full-Value Award, as determined by the Committee. The Committee may provide that Dividend Equivalents be paid or distributed when accrued or be deemed to have been
reinvested in additional Shares, or otherwise reinvested; provided, however, that with respect to Dividend Equivalents payable on Performance Awards, such Dividend Equivalents may be earned but shall not be paid until payment or
settlement of the underlying Performance Award. 

  
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 14.2 Options and SARs. Dividend Equivalents shall not be granted with respect to Stock
Options or Stock Appreciation Rights. 
 Section 15. Other Stock-Based Awards 

The Committee is authorized, subject to limitations under applicable law, to grant to Participants such other Awards that are denominated or
payable in, valued in whole or in part by reference to, or otherwise based on or related to Shares, as deemed by the Committee to be consistent with the purposes of the Plan, including Shares awarded purely as a “bonus” and not subject to
any restrictions or conditions, Shares issued to Non-Management Directors pursuant to the provisions of Section 4.3(b), Shares issued in lieu of other rights to cash compensation, convertible or
exchangeable debt securities, other rights convertible or exchangeable into Shares, purchase rights for Shares and Awards valued by reference to the book value of Shares or the value of securities of or the performance of specified Affiliates. The
Committee shall determine the terms and conditions of such Other Stock-Based Awards (any Other Stock-Based Award that includes continued Service requirements shall be subject to the Minimum Vesting Requirement), which shall be set forth in the
applicable Award Agreement. 
 Section 16. Tax Withholding 

16.1 Tax Withholding. The Company and its Affiliates shall have the authority and the right to deduct or withhold, or require a
Participant to remit to the Company or an Affiliate, an amount sufficient to satisfy any federal, state, local or other taxes of any kind, domestic or foreign, required by any applicable law, rule or regulation to be withheld with respect to any
grant, exercise, lapse of restriction, vesting, distribution, payment or other taxable event involving an Award or the Plan, and take such other action as the Committee may deem necessary, appropriate or advisable to enable the Company or an
Affiliate to satisfy obligations for the payment of withholding taxes and other tax obligations relating to any Award. With respect to withholding required upon any taxable event under the Plan, the Committee may, at the time the Award is granted or
thereafter, require or permit that any such withholding requirement be satisfied, in whole or in part, by delivery of, or withholding from the Award, Shares having a Fair Market Value on the date of withholding equal to the minimum amount (and not
any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Committee establishes. All such elections shall be subject to any restrictions or limitations that the Committee, in its sole discretion,
deems appropriate. 
 16.2 Company Not Liable. Neither the Company, any Affiliate, the Board of Directors, nor the Committee shall be
liable to any Participant or any other person as to any tax consequences expected, but not realized, by any Participant or other person due to the grant, exercise, lapse of restriction, vesting, distribution, payment or other taxable event involving
any Award. Although the Company and its Affiliates may endeavor to (a) qualify an Award for favorable tax treatment in a jurisdiction or (b) avoid adverse tax treatment for an Award, the Company makes no representation to that effect and
expressly disavows any covenant to maintain favorable or avoid unfavorable tax treatment. 
 Section 17. Compliance with Laws

 17.1 Compliance with Laws. The Plan, all Awards (including the grant, exercise, payment and settlement thereof), and the issuance
of Shares hereunder shall be subject to all applicable laws, rules and regulations, domestic or foreign, and to such approvals by any governmental agencies or securities exchange or similar entity as may be required. Notwithstanding any other
provision of the Plan or the provisions of any Award Agreement, the Company shall have no obligation to issue or deliver any Shares under the Plan or make any other payment or distribution of benefits under the Plan unless such issuance, delivery,
payment or distribution would comply with all applicable laws, rules and regulations (including the Securities Act and the laws of any state or foreign jurisdiction) and the applicable requirements of any securities exchange or similar entity. The
Company may require any Participant to make such representations and warranties, furnish such information, take such action and comply with and be subject to such conditions as may be necessary, appropriate or advisable to comply with the foregoing.

  
 14 

 17.2 No Obligation to Register Shares. The Company shall be under no obligation to
register for offering or resale or to qualify for exemption under the Securities Act, or to register or qualify under the laws of any state or foreign jurisdiction, any Shares, security or interest in a security payable, issuable or deliverable
under, or created by, the Plan, or to continue in effect any such registrations or qualifications if made. 
 17.3 Stock Trading
Restrictions. All Shares issuable under the Plan are subject to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable to comply with federal, state or foreign securities laws, rules and regulations and the
rules of any securities exchange or similar entity. The Committee may place legends on any certificate evidencing Shares or issue instructions to the transfer agent to reference restrictions applicable to the Shares. 

Section 18. Rights After Termination of Service; Acceleration For Other Reasons 

18.1 Death. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, if a Participant’s
Service terminates by reason of his or her death: 
 (a) All of that Participant’s outstanding Stock Options and Stock
Appreciation Rights that are not Performance Awards shall become fully exercisable and may thereafter be exercised in full by the legal representative of the Participant’s estate or by the beneficiary, if any, designated by the Participant
pursuant to the provisions of Section 7.5(b), for a period of twelve months from the date of the Participant’s death or until the expiration of the stated period of the Stock Option or SAR, whichever period is shorter (to the extent that
the provisions of this Section 18.1(a) cause Incentive Stock Options to fail to comply with the provisions of Code Section 422, such Stock Options shall be deemed to be Non-Qualified Stock Options);
and 
 (b) All vesting restrictions and conditions on that Participant’s outstanding Restricted Shares that are not
Performance Awards or Qualified Performance-Based Awards shall immediately lapse and such Restricted Shares shall be fully vested. 
 The
applicable Award Agreement shall set forth the treatment of a Participant’s outstanding Restricted Stock Units, Performance Awards, Qualified Performance-Based Awards (other than Stock Options and SARs) and Other Stock-Based Awards upon a
Participant’s termination of Service by reason of his or her death. 
 18.2 Disability. Unless otherwise determined by the
Committee and set forth in the applicable Award Agreement, if a Participant’s Service terminates by reason of his or her Disability: 

(a) All of that Participant’s outstanding Stock Options and Stock Appreciation Rights that are not Performance Awards
shall become fully exercisable and may thereafter be exercised in full for a period of twenty-four months from the date of such termination of Service or the stated period of the Stock Option or SAR, whichever period is the shorter; provided,
however, that if the Participant dies within a period of twenty-four months after such termination of Service, any outstanding Stock Option or SAR may thereafter be exercised by the legal representative of the Participant’s estate or by
the beneficiary, if any, designated by the Participant pursuant to the provisions of Section 7.5(b), for a period of twelve months from the date of the Participant’s death or until the expiration of the stated period of the Stock Option or
SAR, whichever period is the shorter (to the extent that the provisions of this Section 18.2(a) cause Incentive Stock Options to fail to comply with the provisions of Code Section 422, such Stock Options shall be deemed to be Non-Qualified Stock Options); and 
 (b) All vesting restrictions and conditions on that
Participant’s outstanding Restricted Shares that are not Performance Awards or Qualified Performance-Based Awards shall immediately lapse and such Restricted Shares shall be fully vested. 

Any rights of a Participant following his or her termination of Service by reason of Disability with respect to his or her outstanding
Restricted Stock Units, Performance Awards, Qualified Performance-Based Awards (other than Stock Options and SARs) and Other Stock-Based Awards shall be set forth in the applicable Award Agreement. 

18.3 Retirement. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, if a Participant’s
Service terminates by reason of his or her Retirement: 
 (a) The Participant’s outstanding Stock Options and Stock
Appreciation Rights that are not Performance Awards will cease vesting but, solely to the extent exercisable at the time of the Participant’s Retirement, may thereafter be exercised until the expiration of the stated period of the Stock Option
or SAR; 

  
 15 

 
provided, however, that if the Participant dies after such termination of Service, any unexercised Stock Option or SAR may thereafter be exercised by the legal representative of the
Participant’s estate or by the beneficiary, if any, designated by the Participant pursuant to the provisions of Section 7.5(b), for a period of twelve months from the date of the Participant’s death or until the expiration of the
stated period of the Stock Option or SAR, whichever period is the shorter (to the extent that the provisions of this Section 18.3(a) cause Incentive Stock Options to fail to comply with the provisions of Code Section 422, such Stock
Options shall be deemed to be Non-Qualified Stock Options); 
 (b) If the Participant
has attained the age of 60 at the time of his or her Retirement, all vesting restrictions and conditions on that Participant’s outstanding Restricted Shares that are not Performance Awards or Qualified Performance-Based Awards shall immediately
lapse and such Restricted Shares shall be fully vested; and 
 (c) If the Participant has not yet attained the age of 60 at
the time of his or her Retirement, that Participant’s outstanding Restricted Shares that are not Performance Awards or Qualified Performance-Based Awards shall not be forfeited, but all time-based vesting conditions and restrictions on such
Restricted Shares shall continue in accordance with their terms, or until the Participant’s death or Disability, in which case the provisions of Section 18.1 or Section 18.2, as applicable, shall apply. 

Any rights of a Participant following his or her Retirement with respect to outstanding Restricted Stock Units, Performance Awards, Qualified
Performance-Based Awards (other than Stock Options and SARs) and Other Stock-Based Awards shall be set forth in the applicable Award Agreement. 

18.4 Other. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, if a Participant’s
Service terminates for any reason other than death, Disability or Retirement, the Participant’s Awards shall thereupon terminate and be forfeited. 

18.5 Transfer; Leave of Absence. 

(a) Transfer. For purposes of the Plan, a transfer of an employee Participant from the Company to an Affiliate, or vice
versa, or from one Affiliate to another shall not be deemed a termination of Service by the Participant. 
 (b) Leave of
Absence. Unless otherwise determined by the Committee, a leave of absence by an employee Participant, duly authorized in writing by the Company or an Affiliate, shall not be deemed a termination of Service by the Participant for purposes of the
Plan. 
 18.6 Acceleration For Any Other Reason. Regardless of whether an event has occurred as described in Sections 18.1, 18.2 and
18.3 above, and subject to the provisions of Section 13 with respect to Qualified Performance-Based Awards, the Committee may in its sole discretion at any time determine that all or a portion of a Participant’s Stock Options, Stock
Appreciation Rights and other Awards in the nature of rights that may be exercised shall become fully or partially exercisable, that all or a part of any time-based or Service-based vesting conditions on all or a portion of any outstanding Awards
shall lapse, or that any performance-based conditions with respect to any Awards shall be deemed to be wholly or partially satisfied, in each case, as of such date as the Committee may, in its sole discretion, determine. The Committee may
discriminate among Participants and among Awards granted to a Participant in exercising its discretion pursuant to this Section 18.6. Notwithstanding any other provision of the Plan, including this Section 18.6, the Committee may not
accelerate the payment of any Award if such acceleration would fail to comply with Code Section 409A(a)(3). 
 Section 19.
Adjustments for Changes in Capitalization 
 19.1 Mandatory Adjustments. In the event of an “equity restructuring” (as
such term is defined in Financial Accounting Standards Board Accounting Standards Codification Topic 718, “Compensation — Stock Compensation”), including any stock dividend, stock split,
spin-off, rights offering, or large nonrecurring cash dividend, the authorization limits under Sections 5.1, 5.2 and 5.6 shall be adjusted proportionately, and the Committee shall make such adjustments to the
Plan and outstanding Awards as it deems necessary or appropriate, in its sole discretion, to prevent dilution or enlargement of benefits or potential benefits intended to be made available under the Plan, including: (a) adjustment of the number
and kind of shares or securities that may be issued under the Plan; (b) adjustment of the number and kind of shares or securities subject to outstanding Awards; (c) adjustment of 

  
 16 

 
the Exercise Price of outstanding Stock Options and Stock Appreciation Rights or the measure to be used to determine the amount of the benefit payable on an Award; (d) adjustment to market
price-based performance goals or performance goals set on a per-Share basis; and (e) any other adjustments that the Committee determines to be equitable. Notwithstanding the foregoing, the Committee shall
not make any adjustments to outstanding Stock Options or SARs to the extent that it causes such Stock Options or SARs to provide for a deferral of compensation subject to Code Section 409A. Without limiting the foregoing, in the event of a
subdivision of the outstanding Common Stock (a stock split), a dividend payable in Shares, or a combination or consolidation of the outstanding Common Stock into a lesser number of Shares, the authorization limits under Sections 5.1, 5.2 and 5.6
shall automatically be adjusted proportionately, and the Shares then subject to each outstanding Award shall automatically, without the necessity for any additional action by the Committee, be adjusted proportionately without any change in the
aggregate Exercise Price therefor. 
 19.2 Discretionary Adjustments. Upon the occurrence or in anticipation of any share
combination, exchange or reclassification, recapitalization, merger, consolidation or other corporate reorganization affecting the Common Stock, or any transaction described in Section 19.1, in addition to any of the actions described in
Section 19.1, the Committee may, in its sole discretion, provide: (a) that Awards will be settled in cash rather than Shares; (b) that Awards will become immediately vested and exercisable and will expire after a designated period of
time to the extent not then exercised; (c) that Awards will be equitably converted, adjusted or substituted in connection with such transaction; (d) that outstanding Awards may be settled by payment in cash or cash equivalents equal to the
excess of the Fair Market Value of the underlying Shares as of a specified date associated with the transaction, over the Exercise Price of the Award; (e) that performance targets and Performance Periods for Performance Awards and Qualified
Performance-Based Awards will be modified, consistent with Code Section 162(m) where applicable; or (f) any combination of the foregoing. The Committee’s determination need not be uniform and may be different for different
Participants whether or not such Participants are similarly situated. 
 19.3 No Fractional Shares, etc.. After giving effect to any
adjustment pursuant to the provisions of this Section 19, the number of Shares subject to any Award denominated in whole Shares shall always be a whole number, unless otherwise determined by the Committee. Any discretionary adjustments made
pursuant to the provisions of this Section 19 shall be subject to the provisions of Section 22. To the extent any adjustments made pursuant to this Section 19 cause Incentive Stock Options to cease to qualify as Incentive Stock
Options, such Stock Options shall be deemed to be Non-Qualified Stock Options. 

Section 20. Change of Control 

20.1 Definition. For purposes of the Plan, the term “Change of Control” means the occurrence of any of the following on or
after the Effective Date: 
 (a) Any “person” (as such term is used in Sections 13(d) and 14 of the Exchange
Act), other than (1) the Company, (2) any subsidiary of the Company, (3) any employee benefit plan (or a trust forming a part thereof) maintained by the Company or any subsidiary of the Company, (4) any underwriter temporarily
holding securities of the Company pursuant to an offering of such securities or (5) any person in connection with a transaction described in clauses (1), (2) and (3) of Section 20.1(b) below, becomes the “beneficial
owner” (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company representing 30% or more of the total voting power of the Company’s then outstanding voting
securities, unless such securities (or, if applicable, securities that are being converted into voting securities) are acquired directly from the Company in a transaction approved by a majority of the Incumbent Board (as defined in
Section 20.1(d) below). 
 (b) The consummation of a merger, consolidation or reorganization with or into the Company or
in which securities of the Company are issued, or the sale or other disposition, in one transaction or a series of transactions, of all or substantially all of the assets of the Company (a “Corporate Transaction”), unless: 

(1) the stockholders of the Company immediately before such Corporate Transaction will own, directly or indirectly, immediately
following such Corporate Transaction, at least 60% of the total voting power of the outstanding voting securities of the corporation or other entity resulting from such Corporate Transaction (including a corporation or other entity that acquires all
or substantially all of the Company’s assets, the “Surviving Company”) or the ultimate parent company thereof in substantially the same proportion as their ownership of the voting securities of the Company immediately before such
Corporate Transaction; 

  
 17 

 (2) the individuals who were members of the Board of Directors immediately prior
to the execution of the agreement providing for such Corporate Transaction constitute a majority of the members of the board of directors or equivalent governing body of the Surviving Company or the ultimate parent company thereof; and 

(3) no person, other than (A) the Company, (B) any subsidiary of the Company, (C) any employee benefit plan (or
a trust forming a part thereof) maintained by the Company or any subsidiary of the Company, (D) the Surviving Company, (E) any subsidiary or parent company of the Surviving Company, or (F) any person who, immediately prior to such
Corporate Transaction, was the beneficial owner of securities of the Company representing 30% or more of the total voting power of the Company’s then outstanding voting securities, is the beneficial owner of 30% or more of the total voting
power of the then outstanding voting securities of the Surviving Company or the ultimate parent company thereof. 
 (c) The
stockholders of the Company approve a complete liquidation or dissolution of the Company. 
 (d) Directors who, as of the
Effective Date, constitute the Board of Directors (the “Incumbent Board”), cease to constitute at least a majority of the Board of Directors (or, in the event of any merger, consolidation or reorganization the principal purpose of which is
to change the Company’s state of incorporation, form a holding company or effect a similar reorganization as to form, the board of directors of such surviving company or its ultimate parent company); provided, however, that any
individual becoming a member of the Board of Directors subsequent to the Effective Date whose election, or nomination for election by the Company’s stockholders, was approved by a vote of a majority of the directors then comprising the
Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of either an actual or threatened proxy
contest relating to the election of directors. 
 Notwithstanding the foregoing, a Change of Control will not be deemed to occur solely
because any person (a “Subject Person”) becomes the beneficial owner of more than the permitted amount of the outstanding voting securities of the Company as a result of the acquisition of voting securities by the Company which, by
reducing the number of voting securities outstanding, increases the proportional number of voting securities beneficially owned by the Subject Person, provided, that if a Change of 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 that increases the percentage of the then outstanding
voting securities beneficially owned by the Subject Person to 30% or more of the total voting power, then a Change of Control will have occurred. 

20.2 Effect of Change of Control. Notwithstanding any other provision of the Plan, unless otherwise determined by the Committee and set
forth in the applicable Award Agreement, the provisions of this Section 20.2 shall apply to the types of Awards specified in subsections (a) and (b) below in the event of a Change of Control. 

(a) Stock Options and SARs. In the event of a Change of Control, all outstanding Stock Options and Stock Appreciation
Rights that are not Performance Awards shall become fully vested and immediately exercisable. To the extent that the provisions of this Section 20.2(a) cause Incentive Stock Options to exceed the dollar limitation set forth in Code
Section 422(d), the excess Stock Options shall be deemed to be Non-Qualified Stock Options. 

(b) Restricted Shares. In the event of a Change of Control as described in Section 20.1(b), as shall be determined
by the Committee: (1) any outstanding and unvested Restricted Shares that are not Performance Awards or Qualified Performance-Based Awards shall be canceled and the Company shall make a cash payment to those Participants in an amount equal to
the highest price per Share received by the holders of Common Stock in connection with such Change of Control multiplied by the number of such unvested Restricted Shares then held by such Participant, with any
non-cash consideration to be valued in good faith by the Committee; or (2) all vesting restrictions and conditions with respect to all outstanding Restricted Shares that are not Performance Awards or
Qualified Performance-Based Awards shall immediately lapse and such Restricted Shares shall be fully vested. In the event of a Change of Control as described in Section 20.1(a), (c) or (d), all vesting restrictions and conditions with
respect to all outstanding Restricted Shares that are not Performance Awards or Qualified Performance-Based Awards shall immediately lapse and such Restricted Shares shall be fully vested. 

  
 18 

 (c) Other Awards. Any rights of a Participant in connection with a Change
of Control with respect to Restricted Stock Units, Performance Awards, Qualified Performance-Based Awards (other than Stock Options and Stock Appreciation Rights) and Other Stock-Based Awards shall be set forth in the applicable Award Agreement.

 20.3 Excise Taxes. In the event that any acceleration of vesting pursuant to an Award and any other payment or benefit received or
to be received by a Participant under the Plan in connection with a Change of Control would subject a Participant to any excise tax pursuant to Code Section 4999 (which excise tax would be the Participant’s obligation) due to the
characterization of such acceleration of vesting, payment or benefit as an “excess parachute payment” under Code Section 280G, the Participant may elect, in his or her sole discretion, to reduce the amount of any acceleration of
vesting, payment or benefit called for under an Award in order to avoid such characterization. 
 Section 21. Repricing
Prohibited 
 Except as contemplated by the provisions of Section 19, outstanding Stock Options and Stock Appreciation Rights will
not be “repriced” for any reason without the prior approval of the Company’s stockholders. For purposes of the Plan, a “repricing” means lowering the Exercise Price of an outstanding Stock Option or SAR or any other action
that has the same effect or is treated as a repricing under generally accepted accounting principles, and includes a tandem cancellation of a Stock Option or SAR at a time when its Exercise Price exceeds the fair market value of the underlying
Common Stock and exchange for another Stock Option, SAR, other Award, other equity security or a cash payment. 
 Section 22.
Amendment and Termination 
 22.1 Amendment or Termination of the Plan. The Board of Directors or the Committee may amend, modify,
suspend, discontinue or terminate the Plan or any portion of the Plan at any time; provided, however, any amendment or modification that (a) increases the total number of Shares available for issuance pursuant to Awards granted
under the Plan (except as contemplated by the provisions of Section 19), (b) deletes or limits the provision of Section 21 (repricing prohibition), or (c) requires the approval of the Company’s stockholders pursuant to any
applicable law, regulation or securities exchange rule or listing requirement, shall be subject to approval by the Company’s stockholders. Subject to the provisions of Section 22.3, no amendment, modification, suspension, discontinuance or
termination of the Plan shall impair the rights of any Participant under any Award previously granted under the Plan without such Participant’s consent, provided that such consent shall not be required with respect to any Plan amendment,
modification or other such action if the Committee determines in its sole discretion that such amendment, modification or other such action is not reasonably likely to significantly reduce or diminish the benefits provided to the Participant under
such Award. 
 22.2 Awards Previously Granted. The Committee may waive any conditions or restrictions under, amend or modify the
terms and conditions of, or cancel or terminate any outstanding Award at any time and from time to time; provided, however, subject to the provisions of Section 22.3 and the provisions of the applicable Award Agreement, no such
amendment, modification, cancellation or termination shall impair the rights of a Participant under an Award without such Participant’s consent, provided that such consent shall not be required with respect to any amendment, modification
or other such action if the Committee determines in its sole discretion that such amendment, modification or other such action is not reasonably likely to significantly reduce or diminish the benefits provided to the Participant under such Award.

 22.3 Compliance Amendments. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Committee
may, in its sole discretion and without the consent of any Participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable in order for the Company, the Plan, an Award or an Award
Agreement to satisfy or conform to any applicable present or future law, regulation or rule or to meet the requirements of any accounting standard. 

  
 19 

 Section 23. Foreign Jurisdictions 

Awards granted to Participants who are foreign nationals or who are employed by the Company or an Affiliate outside of the United States may
have such terms and conditions different from those specified in the Plan and such additional terms and conditions as the Committee, in its sole discretion, determines to be necessary, appropriate or advisable to foster and promote achievement of
the material purposes of the Plan and to fairly accommodate for differences in local law, tax policy or custom or to facilitate administration of the Plan. The Committee may approve such sub-plans, appendices
or supplements to, or amendments, restatements or alternative versions of, the Plan as it may consider necessary, appropriate or advisable, without thereby affecting the terms of the Plan as in effect for any other purpose. The special terms and any
appendices, supplements, amendments, restatements or alternative versions, however, shall not include any provisions that are inconsistent with the terms of the Plan as then in effect, unless the Plan could have been amended to eliminate such
inconsistency without further approval by the Company’s stockholders. 
 Section 24. General 

24.1 No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall preclude or limit the Company or any Affiliate
from adopting or continuing in effect other or additional compensation arrangements, and such arrangements may be either generally applicable or applicable only in specific cases. 

24.2 Treatment for Other Compensation Purposes. The amount of any compensation received or deemed to be received by a Participant
pursuant to an Award shall not be deemed part of a Participant’s regular, recurring compensation for purposes of any termination, indemnity or severance pay laws, and shall not be included in or have any effect on the determination of benefits
under any other compensation or benefit plan, program or arrangement of the Company or an Affiliate, including any pension or severance benefits plan, unless expressly provided by the terms of any such plan, program or arrangement. 

24.3 No Trust or Fund. The Plan is intended to constitute an “unfunded” plan. Nothing contained herein or in any Award
Agreement shall (a) require the Company to segregate any monies, other property or Shares, create any trusts, or to make any special deposits for any amounts payable to any Participant or other person, or (b) be construed as creating in
respect of any Participant or any other person any equity or other interest of any kind in any assets of the Company or an Affiliate or creating a trust of any kind or a fiduciary relationship of any kind between the Company or any Affiliate and a
Participant or any other person. Prior to the payment or settlement of any Award, nothing contained herein or in any Award Agreement shall give any Participant or any other person any rights that are greater than those of a general unsecured
creditor of the Company or an Affiliate. 
 24.4 Use of Proceeds. All proceeds received by the Company pursuant to Awards granted
under the Plan shall be used for general corporate purposes. 
 24.5 No Limitations on Corporate Action. Neither the Plan, the grant
of any Award nor any Award Agreement shall limit, impair or otherwise affect the right or power of the Company or any of its Affiliates to make adjustments, reclassifications, reorganizations or changes in its capital or business structure or to
merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets. 
 24.6 No Stockholder Rights.
Subject to the provisions of the Plan and the applicable Award Agreement, no Participant shall have any rights as a stockholder with respect to any Shares to be issued under the Plan prior to the issuance thereof. 

24.7 Prohibition on Loans. The Company shall not loan funds to any Participant for the purpose of paying the Exercise Price associated
with any Stock Option or Stock Appreciation Right or for the purpose of paying any taxes associated with the grant, exercise, lapse of restriction, vesting, distribution, payment or other taxable event involving an Award or the Plan. 

24.8 No Obligation to Exercise Awards; No Right to Notice of Expiration Date. An Award of a Stock Option or a Stock Appreciation Right
imposes no obligation upon the Participant to exercise the Award. The Company, its Affiliates and the Committee have no obligation to inform a Participant of the date on which a Stock Option or SAR is no longer exercisable except in the Award
Agreement. 

  
 20 

 24.9 Compliance with Section 16(b). With respect to Participants who
are Reporting Persons, all transactions under the Plan are intended to comply with all applicable conditions of Rule 16b-3. All transactions under the Plan involving Reporting Persons are subject to such
conditions, regardless of whether the conditions are expressly set forth in the Plan. Any provision of the Plan that is contrary to a condition of Rule 16b-3 shall not apply to such Reporting Persons.

 24.10 Code Section 409A Compliance. Notwithstanding anything contained in the Plan or in any Award Agreement to
the contrary, the Plan and all Awards hereunder are intended to satisfy the requirements of Code Section 409A so as to avoid the imposition of any additional taxes or penalties thereunder, and all terms, conditions and provisions of the Plan
and an Award Agreement shall be interpreted and applied in a manner consistent with this intent. If the Committee determines that an Award, Award Agreement, payment, distribution, transaction, or any other action or arrangement contemplated by the
provisions of the Plan or an Award Agreement would, if undertaken, cause a Participant to become subject to any additional taxes or penalties under Code Section 409A, such Award, Award Agreement, payment, distribution, transaction or other
action or arrangement shall not be given effect to the extent it causes such result and the related provisions of the Plan or Award Agreement will be deemed modified or, if necessary, suspended in order to comply with the requirements of Code
Section 409A to the extent determined appropriate by the Committee in its sole discretion, in each case without the consent of or notice to the Participant. 

24.11 Governing Law. Except as to matters governed by United States federal law or the Delaware General Corporation Law, the Plan, all
Award Agreements and all determinations made and actions taken under the Plan and any Award Agreement shall be governed by and construed in accordance with the laws of the State of Tennessee without giving effect to its conflicts of law principles.

 24.12 Plan Controls. In the event of any conflict or inconsistency between the Plan and any Award Agreement, the provisions of the
Plan shall govern and the Award Agreement shall be interpreted to minimize or eliminate any such conflict or inconsistency. 
 24.13
Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal or unenforceable in any jurisdiction, or as to person or Award, or would disqualify the Plan or any Award under any law deemed
applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so construed or deemed amended without, in the determination of the Committee, materially altering the intent of the
Plan or the Award, such provision shall be stricken as to such jurisdiction, person or Award, and the remainder of the Plan and any such Award shall remain in full force and effect. 

24.14 Successors. The Plan shall be binding upon the Company and its successors and assigns, and the Participant and the
Participant’s legal representatives and beneficiaries. 
 Adopted September 27, 2010 

Amended September 23, 2013 
 Amended July 16,
2017 
 Amended September 25, 2017 

  
 21EX-10.1

 Exhibit 10.1 

PERSONAL AND CONFIDENTIAL 

September 11, 2017 
 Mr. Sanjay Poonen

 c/o VMware, Inc. 
 3401 Hillview Avenue 

Palo Alto, CA 94304 
 Re:   Director
Services 
 Dear Sanjay: 
 I am pleased to
confirm the terms of your engagement as a consultant to, and member of the board of directors of, Infor, Inc., a Delaware corporation (the “Company”). The specific terms of your engagement are as follows: 

1. Engagement. The Company hereby engages you as an independent contractor, and not as an employee, to render services as a
director of the Company and/or its subsidiaries for a period commencing as of September 13, 2017 (the “Effective Date”) and ending as provided in Section 3 hereof. During the term of this letter agreement, you will
render such directorship services to the Company and its affiliates as may be requested from time to time by the boards of directors of the Company and of the general partner of IGS Holdings, L.P. (“Parent”), the ultimate parent of
the Company (together, the “Board”), together with any other services to which you and Company mutually agree. 
 2.
Board of Directors. For purpose of the meeting of the Board to be held on the Effective Date, you shall act as an observer to the Board designated by Infor Enterprise Applications, L.P. (the “Sponsor Equity holder”). On
or prior to the immediately succeeding regularly scheduled meeting of the Board, the Sponsor Equityholder shall designate and appoint you as one of its representatives on the Board, in which capacity you will serve until the end of the Term (as
defined below). 
 3. Compensation. In consideration of your services set forth in Section 1 above, the Company
will pay you a quarterly fee of $25,000 (pro-rated for any partial calendar quarter) (the “Consulting Payment”), which amount shall be paid in arrears promptly following the completion of each quarterly period following the
Effective Date during the Term. The Company will also reimburse your reasonable, out-of-pocket expenses incurred by you in connection with attendance any Board meetings of the Company or any of its subsidiaries. 

4. Term and Termination Payment. 

(a) The term of this letter agreement and your engagement hereunder shall commence on the Effective Date and shall terminate on the earliest to
occur of (i) the termination of your engagement as a result of your voluntary resignation or death or disability, (ii) the determination by the Sponsor Equityholder, acting in its sole discretion and with or without Cause (as defined
below), to remove you as one of its designees to the Board and (iii) the consummation of a Sale of the Company (as defined below) (the “Termination Date” and such period, the “Term”). 

 Mr. Sanjay Poonen 

September 11, 2017 
  Page
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 of 7 
  

 (b) Upon the termination of the Term: 

(i) if the Term terminates as a result of your resignation, death or disability or a determination by the Sponsor Equityholder to remove you as
one of its designees to the Board for Cause, you shall not be entitled to any payment or other compensation hereunder other than a pro rata payment by the Company of the Consulting Payment for the quarter in which such termination occurred
(the “Termination Consulting Payment”); 
 (ii) if the Term terminates as a result of a determination by the Sponsor
Equityholder to remove you as one of its designees to the Board without Cause, you shall be entitled to receive from the Company, in addition to the Termination Consulting Payment, an amount equal to the Vested Portion of the Value Enhancement
Payment (each as defined below), payable within 90 days following such termination; and 
 (iii) if the Term terminates as a result of a Sale
of the Company, you shall be entitled to receive from the Company, in addition to the Termination Consulting Payment, an amount equal to the Vested Portion of the Sponsor Return Payment (as defined below), payable within 90 days following such
termination. 
 (c) Notwithstanding anything contained herein to the contrary, (i) you shall be entitled to receive the amounts
described in and pursuant to clause (ii) or (iii) of Section 4(b) above if and only if you have executed and delivered to the Company within sixty (60) days of the date of termination the General Release,
substantially in form and substance as set forth in Exhibit A attached hereto, and the General Release has become effective within such time period, and only so long as you have not revoked or breached the provisions of the General Release or
breached any of the provisions of Section 5, 6 or 7 below and (ii) if following the Termination Date you are entitled to payments or other benefits under this Section 4, but the Company of the Sponsor
Equityholder later determines that Cause with respect to you exists or existed on, prior to, or after such termination, (i) you shall not be entitled to any payments or other benefits pursuant to this Section 4 that would not be
payable in connection with the termination of the Term for Cause, (ii) any and all payments to be made by the Company and any and all benefits to be provided to you pursuant to this Section 4 that would not be payable in connection
with the termination of the Term for Cause shall cease, and (iii) any such payments previously made to you in excess of what would be payable in connection with the termination of the Term for Cause shall be returned immediately to the Company
by you. 
 (d) For purposes of this letter agreement: 

“Cause” means one or more of the following: (i) a material breach of this letter agreement or any other agreement
between you and the Company or any of its affiliates, (ii) a breach of your duty of loyalty or your gross negligence or willful misconduct, (iii) the commission of a felony, or the commission of any act involving fraud, embezzlement or
other material dishonesty or (iv) repeated conduct causing material harm to the standing and reputation of the Company and its affiliates. 

 Mr. Sanjay Poonen 

September 11, 2017 
  Page
 3
 of 7 
  

 “Sale of the Company” means means any transaction or series of transactions
pursuant to which any person or entity or a group of related persons or entities (other than investment funds affiliated with Golden Gate Capital and Summit Partners and any of their respective affiliates) in the aggregate acquires, directly or
indirectly, (i) capital stock of Parent or the surviving entity entitled to vote (under ordinary circumstances) to elect directors or managers with a majority of the voting power of the Company’s or the surviving entity’s board of
directors or managers (whether by merger, consolidation, reorganization, combination, sale or transfer of the capital stock of the Company or its parent companies) or (ii) all or substantially all of Parent’s assets determined on a
consolidated basis. 
 “Sponsor Return Payment” means an amount determined based on the achievement by investment funds
affiliated with Golden Gate Private Equity, Inc. of a cash-on-cash return on invested equity in the Company’s parent company (including all equity dividends after the date of the investment by Koch Equity Development, LLC in the common equity
of Parent (the “Koch Transaction”), but excluding debt repayments, management or other fees and any expense reimbursements), determined assuming an investment basis equal to (A) with respect to any equity retained in connection
with the Koch Transaction, the value of such equity implied by the price paid by Koch Equity Development, LLC in connection with the Koch Transaction and (B) with respect to any equity investment in Parent or any of its subsidiaries following
the Koch Transaction, the actual cash equity investment amount (the “Cash-on-Cash Return”). In the event of a Cash-on-Cash Return of less than or equal to two times (2.0x), the Sponsor Return Payment shall be equal to zero. In the
event of a Cash-on-Cash Return greater than two times (2.0x), the Sponsor Return shall be an amount equal to $500,000 for each one-half return multiple (0.5x) in the Cash-on-Cash Return in excess of two times (2.0x) (and determined on a pro
rata linear basis in the event of any Cash-on-Cash Return multiple that is in between any such one-half return multiple threshold). For illustrative purposes only, if the Cash-on-Cash Return is equal to 3.7x, the Sponsor Return Payment will be
$2,200,000. 
 “Value Enhancement Payment” means the amount of the Sponsor Return Payment determined on the basis that the
Parent’s assets were liquidated for the fair market value thereof as of the Termination Date, as determined by the Board in good faith, and the proceeds of such liquidation were applied and distributed pursuant to the rights and preferences set
forth in Parent’s governing documents as in effect on the Termination Date. 
 “Vested Portion” means a fraction, the
numerator of which is the number of full calendar quarters elapsed during the period beginning on the Effective Date and ending on the Termination Date and the denominator of which is twenty (20). 

5. Confidential Information. You acknowledge that the non-public information, observations and data (including trade secrets) to
which you receive access in the course of performing your services for the Company and its subsidiaries and affiliates concerning the business or affairs of the Company or any of its subsidiaries and affiliates (“Confidential
Information”) are the confidential information of the Company or such subsidiary or affiliate. The term “Confidential Information” includes, but is not limited to, patent, copyright, trade secret, and proprietary information,
techniques, sketches, drawings, models, inventions, know-how, 

 Mr. Sanjay Poonen 

September 11, 2017 
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processes, apparatus, equipment, algorithms, software programs, software source documents, and formulae related to the current, future, and proposed products and services of the Company and its
subsidiaries and affiliates, and information concerning research, experimental work, development, design details and specifications, engineering, financial information, procurement requirements, customers, business forecasts, sales and
merchandising, and marketing plans and information. You agree that you shall not disclose to any person or entity or use for your own purposes any Confidential Information or any confidential or proprietary information of other persons or entities
in the possession of the Company and its subsidiaries and affiliates (“Third Party Information”), without the prior written consent of the Company, unless and to the extent that the Confidential Information or Third Party
Information becomes generally known to and available for use by the public other than as a result of your acts or omissions. You shall deliver to the Company at the termination or expiration of your engagement, or an any other time the Company may
request, all memoranda, notes, plans, records, reports, computer files, disks and tapes, printouts and software and other documents and data (and copies thereof) embodying or relating to Third Party Information, Confidential Information, Work
Product (as defined below) or the business of the Company or any of its subsidiaries and affiliates which you may then possess or have under your control. You shall be prohibited from using or disclosing any confidential information or trade secrets
that you may have learned through prior or current employment. If at any time during the period of your engagement you believe you are being asked to engage in work that will, or will be likely to, jeopardize any confidentiality or other obligations
you may have to current or former employers, you shall immediately advise the Board so your duties can be modified appropriately. 
 6.
Intellectual Property, Inventions and Patents. You acknowledge that, subject to applicable law, all discoveries, concepts, ideas, inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports, patent
applications, copyrightable work and mask work (whether or not including any confidential information) and all registrations or applications related thereto, all other proprietary information and all similar or related information (whether or not
patentable) which relate to the Company or any of its subsidiaries’ or affiliates’ actual or anticipated business, research and development or existing or future products or services and which are conceived, developed or made by you
(whether alone or jointly with others) in the course of providing your services to the Company and its subsidiaries and affiliates (“Work Product”), belong to the Company or such subsidiary or affiliate to the extent that any of the
foregoing does not constitute VMware intellectual property rights or confidential information under your obligations to VMware. You shall promptly disclose such Work Product to the Board and, at the Company’s expense, perform all actions
reasonably requested by the Board (whether during or after the term of your engagement) to establish and confirm such ownership (including, without limitation, assignments, consents, powers of attorney and other instruments). You acknowledge that
all Work Product shall be deemed to constitute “works made for hire” under the U.S. Copyright Act of 1976, as amended. 
 7.
Non-Solicitation. During the period of your engagement by the Company and for one year thereafter, you shall not yourself direct another person or entity to induce or attempt to hire, or induce to leave the employ of, any employee of the
Company or any of its subsidiaries or affiliates of the Company or such subsidiary or affiliate, or in any way interfere with the relationship between the Company or any of its subsidiaries or affiliates and any employee thereof. 

 Mr. Sanjay Poonen 

September 11, 2017 
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 8. Remedies; Representations and Warranties; Governing Law. Because you will
have access to Confidential Information and Work Product, the parties hereto agree that the Company and its subsidiaries and affiliates would suffer irreparable harm from a breach of the provisions of this a by you and that money damages would not
be an adequate remedy for any such breach of this agreement. Therefore, in the event of a breach or threatened breach of this agreement, the Company and its subsidiaries and affiliates and their successors or assigns, in addition to other rights and
remedies existing in their favor, shall be entitled to specific performance and/or injunctive or other equitable relief from a court of competent jurisdiction in order to enforce, or prevent any violations of, the provisions hereof (without posting
a bond or other security). You hereby represent and warrant to the Company that the execution, delivery and performance of this agreement by you do not and shall not conflict with, breach, violate or cause a default under any contract, agreement,
instrument, order, judgment or decree to which your are a party or by which you are bound. All issues and questions concerning the construction, validity, enforcement and interpretation of this agreement shall be governed by, and construed in
accordance with, the laws of the State of New York, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of New York or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Georgia. 
 9. Tax Returns. You shall file all tax returns and reports required to be
filed by you on the basis that you are an independent contractor, rather than an employee, as defined in Treasury Regulation §31.3121(d)-1(c)(2), and you shall indemnify the Company for the amount of any employment taxes required to be paid by
the Company or any of its affiliates as a result of the fact that no employment taxes shall be withheld from the compensation paid to you hereunder. 

10. Complete Agreement. This letter agreement embodies the complete agreement and understanding among the parties and supercedes
and preempts any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way. 

11. Counterparts. This letter agreement may be executed in separate counterparts, each of which is deemed to be an original and
all of which taken together constitute one and the same agreement. 
 12. Successors and Assigns. This letter agreement is
intended to bind and inure to the benefit of and be enforceable by you and the Company, and their respective successors and assigns, except that you may not delegate your responsibilities hereunder. 

13. Amendment and Waiver. The provisions of this letter agreement may be amended and waived only with the prior written consent
of the Company and you, and no course of conduct or failure or delay in enforcing the provisions of this letter agreement shall affect the validity, binding effect or enforceability of this letter agreement. 

 Mr. Sanjay Poonen 

September 11, 2017 
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 of 7 
  

 14. Section 409A Compliance. 

(a) The intent of the parties is that payments and benefits under this letter agreement comply with Section 409A of the United States
Internal Revenue Code and the rules and regulations promulgated thereunder (“Section 409A”) and, accordingly, to the maximum extent permitted, this letter agreement shall be interpreted to be in compliance therewith. In no event
whatsoever shall the Company be liable for any additional tax, interest or penalty that may be imposed on you by Section 409A or damages for failing to comply with Section 409A. 

(b) A termination of your engagement hereunder shall not be deemed to have occurred for purposes of any provision of this letter agreement
providing for the payment of any amounts or benefits upon or following a termination of your engagement unless such termination is also a “separation from service” within the meaning of Section 409A and, for purposes of any such
provision of this letter agreement, references to a “termination,” “termination of engagement” or like terms shall mean “separation from service.” 

(c) For purposes of Section 409A, your right to receive any installment payment pursuant to this letter agreement shall be treated as a
right to receive a series of separate and distinct payments. 
 (e) Notwithstanding any other provision of this letter agreement to the
contrary, in no event shall any payment under this letter agreement that constitutes “deferred compensation” for purposes of Section 409A be subject to offset unless otherwise permitted by Section 409A. 

15. VMware. The Company acknowledges that, at the time of entering into this letter agreement, you are a full-time employee and
executive officer of VMware, Inc. (“VMware”). The Company agrees that, in your performance of the services, including as a member of the Board of the Company, you are not acting on behalf of or at the direction of VMware. The Company
agrees that it will not ask you to, and it will endeavor not to, discuss or share with or otherwise provide access to any trade secrets or highly confidential information that could interfere with or otherwise conflict with your duties at VMware,
including as they relate to the development of VMware’s products and services. The Company will not knowingly request that you perform any work or participate in any activities that could violate your fiduciary duties to VMware, and you shall
not so perform any such work or participate in any such activities. The Company agrees that you are not obligated to provide any advice to the Company or participate in any discussions that could create an actual or potential conflict of interest
for you due to your employment with VMware or with your fiduciary duties to VMware. The Company agrees that you will be recused from any discussions that you or the Company believes would be reasonably likely to create an actual or potential
conflict of interest with VMware. 
 * * * * * 

 This offer is contingent upon your signature below indicating your acceptance of the terms
contained herein. 
  

			
	Sincerely,
	
	Infor, Inc.
		
		 	 /s/ Gregory M. Giangiordano

	Name:	 	Gregory M. Giangiordano
	Title:	 	SVP & General Counsel

  

			
		 	ACKNOWLEDGED, ACCEPTED AND AGREED:
		
		 	 /s/ Mr. Sanjay Poonen

		 	Mr. Sanjay Poonen
		
		 	   Sept 13, 2017

		 	Date

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