Document:

401(k) Plus Savings Plan and Trust

 Exhibit 10.9 
 Jacobs Engineering Group Inc. 401(k) Plus Savings Plan and Trust 
 As Amended and Restated April 1, 2003

 Jacobs Engineering Group Inc. (the “Company”) previously established the Jacobs Engineering Group Inc. 401(k) Plus Savings Plan (the
“Plan”) for the exclusive benefit of eligible employees of the Company and its participating affiliates. The Plan is intended to constitute a qualified profit sharing plan, as described in Code section 401(a), which includes a qualified
cash or deferred arrangement, as described in Code section 401(k). 
 The provisions of the Plan and Trust relating to the Trustee constitute the trust
agreement which is entered into by and between Jacobs Engineering Group Inc. and Vanguard Fiduciary Trust Company. The Trust is intended to be tax exempt, as described in Code section 501(a). 
 The Plan is intended to comply with the qualification requirements as amended by the Economic Growth and Tax Relief Reconciliation Act of 2001, the Uniformed Services
Employment and Reemployment Rights Act of 1994 (USERRA), the Uruguay Round Agreements Act (GATT), the Small Business Job Protection Act of 1996 (SBJPA), the Taxpayer Relief Act of 1997 (TRA ‘97), and the Restructuring and Reform Act of 1998
(RRA ‘98), and is intended to comply in operation therewith. To the extent that the Plan, as set forth below, is subsequently determined to be insufficient to comply with such requirements and any regulations issued under these qualification
requirements, the Plan shall later be amended to so comply. 
 The Jacobs Engineering Group Inc. 401(k) Plus Savings Plan and Trust, as set forth in this
document, is hereby amended and restated effective as of January 1, 2002. 
  

											
	Date: April 1, 2003	 		 	Jacobs Engineering Group Inc.
				
		 		 	By:	 	/S/ John W. Prosser, Jr.
		 		 		 		 	Title:	 	 Executive Vice President
 Finance and
Administration

 TABLE OF CONTENTS 
  

							
	1	  	 DEFINITIONS
	  	1
			
	2	  	ELIGIBILITY	  	13
		  	2.1	  	Eligibility	  	13
		  	2.2	  	Ineligible Employees	  	13
		  	2.3	  	Ineligible, Terminated or Former Participants	  	13
			
	3	  	PARTICIPANT CONTRIBUTIONS	  	14
		  	3.1	  	Pre-Tax Contribution Election	  	14
		  	3.2	  	Changing a Contribution Election	  	14
		  	3.3	  	Revoking and Resuming a Contribution Election	  	14
		  	3.4	  	Contribution Percentage Limits	  	14
		  	3.5	  	Refunds When Contribution Dollar Limit Exceeded	  	15
		  	3.6	  	Timing, Posting and Tax Considerations	  	15
		  	3.7	  	Catch-Up Contributions	  	16
			
	4	  	ROLLOVER CONTRIBUTIONS AND TRANSFERS FROM AND TO OTHER QUALIFIED PLANS	  	17
		  	4.1	  	Rollover Contributions from Other Plans	  	17
		  	4.2	  	Transfers From Other Qualified Plans	  	17
		  	4.3	  	Direct Rollovers To Other Plans	  	18
			
	5	  	EMPLOYER CONTRIBUTIONS	  	19
		  	5.1	  	Matching Contributions	  	19
			
	6	  	ACCOUNTING	  	20
		  	6.1	  	Individual Participant Accounting	  	20
		  	6.2	  	Valuation Date Accounting and Investment Cycle	  	20
		  	6.3	  	Accounting for Investment Funds	  	20
		  	6.4	  	Payment of Fees and Expenses	  	20
		  	6.5	  	Accounting for Participant Loans	  	21
		  	6.6	  	Error Correction	  	21
		  	6.7	  	Participant Statements	  	21
		  	6.8	  	Special Accounting During Conversion Period	  	22
		  	6.9	  	Accounts for Alternate Payees	  	22
			
	7	  	INVESTMENT FUNDS AND ELECTIONS	  	23
		  	7.1	  	Investment Funds	  	23
		  	7.2	  	Responsibility for Investment Choice	  	23
		  	7.3	  	Investment Fund Elections	  	23
		  	7.4	  	Default if No Valid Investment Election	  	24
		  	7.5	  	Investment Fund Election Change Fees	  	24

  

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	8	  	VESTING	  	25
		  	8.1	  	Fully Vested Accounts	  	25
			
	9	  	PARTICIPANT LOANS	  	26
		  	9.1	  	Participant Loans Permitted	  	26
		  	9.2	  	Loan Application, Note and Security	  	26
		  	9.3	  	Spousal Consent	  	26
		  	9.4	  	Loan Approval	  	26
		  	9.5	  	Loan Funding Limits, Account Sources and Funding Order	  	26
		  	9.6	  	Maximum Number of Loans	  	27
		  	9.7	  	Source and Timing of Loan Funding	  	27
		  	9.8	  	Interest Rate	  	27
		  	9.9	  	Loan Payment	  	27
		  	9.10	  	Loan Payment Hierarchy	  	28
		  	9.11	  	Repayment Suspension	  	28
		  	9.12	  	Loan Default	  	28
		  	9.13	  	Call Feature	  	28
			
	10	  	IN-SERVICE WITHDRAWALS	  	29
		  	10.1	  	In-Service Withdrawals Permitted	  	29
		  	10.2	  	In-Service Withdrawal Application and Notice	  	29
		  	10.3	  	Spousal Consent	  	29
		  	10.4	  	In-Service Withdrawal Approval	  	30
		  	10.5	  	Payment Form and Medium	  	30
		  	10.6	  	Source and Timing of In-Service Withdrawal Funding	  	30
		  	10.7	  	Hardship Withdrawals	  	30
		  	10.8	  	After-Tax Account Withdrawals	  	32
		  	10.9	  	Rollover Account Withdrawals	  	33
		  	10.10	  	Over Age 59 1/2 Withdrawals	  	33
			
	11	  	DISTRIBUTIONS ONCE EMPLOYMENT ENDS OR BY REASON OF A PARTICIPANT'S REQUIRED BEGINNING DATE	  	34
		  	11.1	  	Benefit Information, Notices and Election	  	34
		  	11.2	  	Spousal Consent	  	35
		  	11.3	  	Payment Form and Medium	  	35
		  	11.4	  	Source and Timing of Distribution Funding	  	35
		  	11.5	  	Latest Commencement Permitted	  	35
		  	11.6	  	Payment Within Life Expectancy	  	36
		  	11.7	  	Incidental Benefit Rule	  	37
		  	11.8	  	Payment to Beneficiary	  	37
		  	11.9	  	Beneficiary Designation	  	38

  

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	12	  	ADP AND ACP TESTS	  	39
		  	12.1	  	Contribution Limitation Definitions	  	39
		  	12.2	  	ADP and ACP Tests	  	42
		  	12.3	  	Correction of ADP and ACP Tests	  	43
		  	12.4	  	Multiple Use Test	  	44
		  	12.5	  	Correction of Multiple Use Test	  	44
		  	12.6	  	Adjustment for Investment Gain or Loss	  	45
		  	12.7	  	Testing Responsibilities and Required Records	  	45
		  	12.8	  	Separate Testing	  	45
			
	13	  	MAXIMUM CONTRIBUTION AND BENEFIT LIMITATIONS	  	46
		  	13.1	  	“Annual Addition” Defined	  	46
		  	13.2	  	Maximum Annual Addition	  	46
		  	13.3	  	Avoiding an Excess Annual Addition	  	46
		  	13.4	  	Correcting an Excess Annual Addition	  	47
		  	13.5	  	Correcting a Multiple Plan Excess	  	47
		  	13.6	  	“Defined Benefit Fraction” Defined	  	47
		  	13.7	  	“Defined Contribution Fraction” Defined	  	48
		  	13.8	  	Combined Plan Limits and Correction	  	48
		  	13.9	  	Affiliated Companies	  	48
			
	14	  	TOP HEAVY RULES	  	49
		  	14.1	  	Top Heavy Definitions	  	49
		  	14.2	  	Special Contributions	  	51
		  	14.3	  	Adjustment to Combined Limits for Different Plans	  	52
		  	14.4	  	Modification of Top Heavy Rules	  	52
			
	15	  	PLAN ADMINISTRATION	  	53
		  	15.1	  	Plan Delineates Authority and Responsibility	  	53
		  	15.2	  	Fiduciary Standards	  	53
		  	15.3	  	Company is ERISA Plan Administrator	  	53
		  	15.4	  	Administrator Duties	  	54
		  	15.5	  	Advisors May be Retained	  	54
		  	15.6	  	Delegation of Administrator Duties	  	55
		  	15.7	  	Committee Operating Rules	  	56
			
	16	  	MANAGEMENT OF INVESTMENTS	  	57
		  	16.1	  	Trust Agreement	  	57
		  	16.2	  	Investment Funds	  	57
		  	16.3	  	Authority to Hold Cash	  	58
		  	16.4	  	Trustee to Act Upon Instructions	  	58
		  	16.5	  	Administrator Has Right to Vote Registered Investment Company Shares	  	58

  

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		  	16.6	  	Custom Fund Investment Management	  	58
		  	16.7	  	Master Custom Fund	  	59
		  	16.8	  	Authority to Segregate Assets	  	59
			
	17	  	TRUST ADMINISTRATION	  	60
		  	17.1	  	Trustee to Construe Trust	  	60
		  	17.2	  	Trustee To Act As Owner of Trust Assets	  	60
		  	17.3	  	United States Indicia of Ownership	  	60
		  	17.4	  	Tax Withholding and Payment	  	61
		  	17.5	  	Trust Accounting	  	61
		  	17.6	  	Valuation of Certain Assets	  	61
		  	17.7	  	Legal Counsel	  	62
		  	17.8	  	Fees and Expenses	  	62
		  	17.9	  	Trustee Duties and Limitations	  	62
			
	18	  	RIGHTS, PROTECTION, CONSTRUCTION AND JURISDICTION	  	63
		  	18.1	  	Plan Does Not Affect Employment Rights	  	63
		  	18.2	  	Compliance With USERRA	  	63
		  	18.3	  	Limited Return of Contributions	  	63
		  	18.4	  	Assignment and Alienation	  	64
		  	18.5	  	Facility of Payment	  	64
		  	18.6	  	Reallocation of Lost Participant’s Accounts	  	64
		  	18.7	  	Suspension of Certain Plan Provisions During Conversion Period	  	64
		  	18.8	  	Suspension of Certain Plan Provisions During Other Periods	  	65
		  	18.9	  	Claims Procedure	  	65
		  	18.10	  	Construction	  	66
		  	18.11	  	Jurisdiction and Severability	  	66
		  	18.12	  	Indemnification by Employer	  	66
			
	19	  	AMENDMENT, MERGER, DIVESTITURES AND TERMINATION	  	67
		  	19.1	  	Amendment	  	67
		  	19.2	  	Merger	  	67
		  	19.3	  	Divestitures	  	67
		  	19.4	  	Plan Termination and Complete Discontinuance of Contributions	  	68
		  	19.5	  	Amendment and Termination Procedures	  	68
		  	19.6	  	Termination of Employer’s Participation	  	69
		  	19.7	  	Replacement of the Trustee	  	69
		  	19.8	  	Final Settlement and Accounting of Trustee	  	69
		
	APPENDIX A - INVESTMENT FUNDS	  	71
		
	APPENDIX B - PAYMENT OF PLAN FEES AND EXPENSES	  	72
		
	APPENDIX C - LOAN INTEREST RATE	  	73

  

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	1	DEFINITIONS 

 When capitalized, the words and phrases below have the
following meanings unless different meanings are clearly required by the context: 
  

	1.1	“Account”. The records maintained by the Administrator for purposes of accounting for a Participant’s interest in the Plan. “Account” may refer to one or
all of the following accounts which have been created on behalf of a Participant to hold amounts attributable to specific types of Contributions under the Plan or to hold Contributions made under the plan of a Related Company in which a Participant
formerly participated and which have been transferred to this Plan, contributions previously permitted under the Plan and amounts transferred from the Plan in accordance with Section 4.2: 

  

	 	(a)	“Pre-Tax Account”. An account created to hold amounts attributable to Pre-Tax Contributions. 

  

	 	(b)	“After-Tax Account”. An account created to hold amounts attributable to amounts previously contributed by an eligible Participant on an after-tax basis under former Plan
provisions. 

  

	 	(c)	“Rollover Account”. An account created to hold amounts attributable to Rollover Contributions. 

  

	 	(d)	“Matching Account”. An account created to hold amounts attributable to Matching Contributions. 

  

	 	(e)	“Prior Plan Account”. An account created to hold amounts attributable to amounts previously contributed by the Employer on an eligible Participant’s behalf and
allocated on a pay based formula under former Plan provisions. 

  

	1.2	“ACP” or “Average Contribution Percentage”. The percentage calculated in accordance with Section 12.1. 

  

	1.3	“Administrator”. The Company, which may delegate all or a portion of the duties of the Administrator under the Plan to a Committee in accordance with Section 15.6.

  

	1.4	“ADP” or “Average Deferral Percentage”. The percentage calculated in accordance with Section 12.1. 

  

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	1.5	“Alternate Payee”. Any spouse, former spouse, child or other dependent (as defined in Code section 152) of a Participant who is recognized by a domestic relations order as
having a right to receive all, or a portion, of the Participant’s Account under the Plan. 

  

	1.6	“Beneficiary”. The person or persons who is to receive benefits under the Plan after the death of the Participant pursuant to the “Beneficiary Designation”
paragraph in Section 11. 

  

	1.7	“Code”. The Internal Revenue Code of 1986, as amended. Reference to any specific Code section shall include such section, any valid regulation promulgated thereunder, and
any comparable provision of any future legislation amending, supplementing or superseding such section. 

  

	1.8	“Committee”. If applicable, the committee which has been appointed by the Administrator to administer the Plan in accordance with Section 15.6.

  

	1.9	“Company”. Jacobs Engineering Group Inc. or any successor by merger, purchase or otherwise. 

  

	1.10 	“Compensation”. The sum of a Participant’s Taxable Income and salary reductions, if any, pursuant to Code section 125, 402(e)(3), 402(h)(1)(B), 403(b),
408(p)(2)(A)(i) or 457. 

 For purposes of determining benefits and allocations under the Plan, Compensation is limited to
$200,000 per Plan Year, effective January 1, 2002 (as adjusted for cost of living increases under Code sections 401(a)(17)(B) and 415(d)). Annual Compensation for such purposes means compensation during the Plan Year or such other consecutive
12-month period over which compensation is otherwise determined under the Plan (the Determination Period). The cost of living adjustment in effect for a calendar year applies to Annual Compensation for the Determination Period that begins with or
within such calendar year. 
 For limitation ears beginning after December 31, 1997, the definition of “Compensation” for
purposes of Code section 415(c)(3) shall include any elective deferrals as defined under Code section 402(g)(3). 
 For Plan years prior to
January 1, 2002, Compensation shall be limited to the limits that were in effect under Code sections 401(a)(17), 414(s), 415(c)(3) and other applicable provisions of the Code and regulations thereunder for periods prior to 2002. 
 For purposes of determining HCEs and key employees and for purposes of Sections 13.2 and 14.2, Compensation for the entire Plan Year shall be used. For
purposes of determining ADP and ACP, Compensation shall be limited to amounts paid to an Eligible Employee while a Participant. 
  

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 For limitation years beginning on or after January 1, 2001, for purposes of applying the limitations
described in Article 3 of this Plan and for purposes of determining benefits and allocations under the Plan, Compensation paid or made available during such limitation years shall include elective amounts that are not includable in the gross income
of the employee by reason of Code section 132(f)(4). 
  

	1.11 	“Contribution”. An amount contributed to the Plan by the Employer or an Eligible Employee, and allocated by contribution type to Participants’ Accounts, as described
in Section 1.1. Specific types of contribution include: 

  

	 	(a)	“Pre-Tax Contribution”. An amount contributed by an eligible Participant in conjunction with his or her Code section 401(k) salary deferral election which shall be treated
as made by the Employer on the eligible Participant’s behalf. 

  

	 	(b)	“Rollover Contribution”. An amount contributed by an Eligible Employee which originated from another employer’s or an Employer’s qualified plan.

  

	 	(c)	“Matching Contribution”. An amount contributed by the Employer on an eligible Participant’s behalf based upon the amount contributed by the eligible Participant.

  

	1.12 	“Contribution Dollar Limit”. The annual limit placed on each Participant’s Pre-Tax Contributions under this Plan, or any other qualified plan maintained by the
Employer during any tax year, which shall be $11,000 per calendar year effective January 1, 2002, (as adjusted for cost of living increases pursuant to Code sections 402(g)(5) and 415(d)). For purposes of this Section, a Participant’s
Pre-Tax Contributions shall include (i) any employer contribution under a qualified cash or deferred arrangement (as defined in Code section 401(k)) to the extent not includible in gross income for the taxable year under Code section 402(e)(3)
(determined without regard to Code section 402(g)), (ii) any employer contribution to the extent not includible in gross income for the taxable year under Code section 402(h)(1)(B) (determined without regard to Code section 402(g)),
(iii) any employer contribution to purchase an annuity contract under Code section 403(b) under a salary reduction agreement (within the meaning of Code section 3121(a)(5)(D)) and (iv) any elective employer contribution under Code section
408(p)(2)(A)(i). The annual limit referred to above shall not be reduced by Catch-Up Contributions to the extent permitted under Section 3.7 of the Plan. The deferral limits under Code section 402(g) that were in effect for years beginning
before January 1, 2002 shall continue to apply for Plan years prior to 2002. 

  

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	1.13 	“Conversion Period”. The period of converting the prior accounting system of the Plan and Trust or the prior accounting system of any plan and trust which is merged, in
whole or in part, into the Plan and Trust, to the accounting system described in Section 6. 

  

	1.14 	“Direct Rollover”. An Eligible Rollover Distribution that is paid by the Plan directly to an Eligible Retirement Plan for the benefit of a Distributee.

  

	1.15 	“Disability”. A Participant’s total and permanent, mental or physical disability resulting in termination of employment as evidenced by (a) receipt of disability
payments under the Employer’s long-term disability program or (b) presentation of medical evidence satisfactory to the Administrator. 

  

	1.16 	“Distributee”. A Participant, a Beneficiary (if he or she is the surviving spouse of a Participant) or an Alternate Payee under a QDRO (if he or she is the spouse or
former spouse of a Participant). 

  

	1.17 	“Effective Date”. The date upon which the provisions of this amended and restated document become effective. This date is January 1, 2002 unless stated otherwise. In
general, the provisions of this document only apply to Participants who are Employees on or after the Effective Date. However, investment and distribution provisions apply to all Participants with Account balances to be invested or distributed after
the Effective Date. The effective date of the original Plan document is October 1, 1974. 

  

	1.18 	“Eligible Employee”. An Employee of an Employer, except any Employee: 

  

	 	(a)	whose compensation and conditions of employment are covered by a collective bargaining agreement to which the Employer is a party unless the agreement calls for the Employee’s
participation in the Plan; 

  

	 	(b)	who is treated as an Employee because he or she is a Leased Employee; or 

  

	 	(c)	who is a nonresident alien and who (i) receives no earned income (within the meaning of Code section 911(d)(2)), from sources within the United States under Code section
861(a)(3); or (ii) receives such earned income from such sources within the United States but such income is exempt from United States income tax under an applicable income tax convention. 

  

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	1.19 	“Eligible Retirement Plan”. An individual retirement account described in Code section 408(a), an individual retirement annuity described in Code section 408(b), an
annuity plan described in Code section 403(a), or a qualified trust described in Code section 401(a), that accepts a Distributee’s Eligible Rollover Distribution, except that, if the Distributee is the surviving spouse of a Participant, an
Eligible Retirement Plan is an individual retirement account or individual retirement annuity. 

 For Plan Years after
December 31, 2001, an eligible retirement plan shall also mean any annuity contract described in Section 403(b) of the Code, and an eligible Section 457(b) deferred compensation plan maintained by a state, political subdivision of a
state, or any agency or instrumentality of a state or political subdivision of a state that agrees to separately account for amounts transferred into such plan from this Plan. An eligible retirement plan shall also apply in the case of a
distribution to a surviving spouse, or to a spouse or former spouse who is the alternate payee under a qualified domestic relations order as defined in Section 414(p) of the Code. 
  

	1.20 	“Eligible Rollover Distribution”. A distribution of all or any portion of the balance to the credit of a Distributee, excluding (i) a distribution that is one of a
series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee or the joint lives (or joint life expectancies) of the Distributee and the Distributee’s designated
Beneficiary, or for a specified period of ten years or more; (ii) a distribution to the extent such distribution is required under Code section 401(a)(9); iii) the portion of a distribution that is not includible in gross income (determined
without regard to the exclusion for net unrealized appreciation with respect to Employer securities); (iv) any hardship distribution, or (v) any distribution if the aggregate amount of distributions to the Participant is reasonably
expected to be less than $200 for the calendar year. 

 For distributions after December 31, 2001, a distribution shall not
fail to be an eligible rollover distribution merely because the distribution consists of after-tax employee contributions that are not includible in gross income. However, the portion of any such distribution that consists of after-tax employee
contributions may be transferred only to an individual retirement account or annuity described in Code section 408(a) or (b), or to a qualified defined contribution plan described in Code section 401(a) or 403(a) that agrees to separately account
for amounts so transferred, including separate accounting for the portion of the distribution that is includable in gross income and the portion of the distribution that is not includable in gross income. 
 Effective for calendar years beginning January 1, 1999, an Eligible Rollover Distribution described in Code section 402(c)(4), which the Participant
may elect to roll over to another plan under Code section 401()(31), excludes hardship distributions as described in Code section 401(k)(2)(B)(i)(IV), which are attributable to the Participant’s elective contributions under Treas. Reg.
§1.401(k)-1(d)(2)(ii). 
  

 -5- 

	1.21 	“Employee”. An individual who is: 

  

	 	(a)	directly employed by any Related Company and for whom any income for such employment is subject to withholding of income or social security taxes, or 

  

	 	(b)	a Leased Employee. 

  

	1.22 	“Employer”. The Company and any other Related Company that adopts the Plan with the approval of the Company. 

  

	1.23 	“ERISA”. The Employee Retirement Income Security Act of 1974, as amended. Reference to any specific ERISA section shall include such section, any valid regulation
promulgated thereunder, and any comparable provision of any future legislation amending, supplementing or superseding such section. 

  

	1.24 	“Former Participant”. The Plan status of an individual after he or she is determined to be a Terminated Participant and his or her Account is distributed or forfeited.

  

	1.25 	“HCE” or “Highly Compensated Employee”. An Employee who is a Highly Compensated Employee as determined under Section 12. 

  

	1.26 	“Hour of Service”. Each hour for which an Employee is entitled to: 

  

	 	(a)	payment for the performance of duties for any Related Company; 

  

	 	(b)	payment from any Related Company on account of a period of time during which no duties are performed (irrespective of whether the employment relationship has terminated) due to
vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence; 

  

	 	(c)	back pay, irrespective of mitigation of damages, by award or agreement with any Related Company (and these hours shall be credited to the period to which the award or agreement
pertains); or 

  

	 	(d)	no payment, but is on a Leave of Absence (and these hours shall be based upon his or her normally scheduled hours per week or a 40 hour week if there is no regular schedule).

  

 -6- 

 The crediting of Hours of Service for which no duties are performed shall be in accordance with the U.S.
Department of Labor regulation sections 2530.200b-2(b) and (c). Actual hours shall be used whenever an accurate record of hours are maintained for an Employee. Otherwise, an equivalent number of hours shall be credited for each payroll period in
which the Employee would be credited with at least 1 Hour of Service. The payroll period equivalencies are 45 hours weekly, 90 hours biweekly, 95 hours semimonthly and 190 hours monthly. 
 An Employee’s service with a predecessor or acquired company shall only be counted in the determination of his or her Hours of Service for
eligibility and/or vesting purposes if (1) the Company directs that credit for such service be granted, or (2) a qualified plan of the predecessor or acquired company is subsequently maintained by any Related Company. 
  

	1.27 	“Ineligible”. The Plan status of an individual who is (1) an Employee of a Related Company which is not then an Employer, (2) an Employee of an Employer, but not
an Eligible Employee, or (3) not an Employee. 

  

	1.28 	“Investment Fund”. An investment fund as described in Section 16.2. The Investment Funds authorized by the Administrator to be offered under the Plan as of the
Effective Date are set forth in Appendix A. 

  

	1.29 	“Leased Employee”. An individual other than an Employee who, pursuant to an agreement between the recipient and any other person (“Leasing Organization”) has
performed services for the recipient (or for the recipient and related persons determined in accordance with Code section 414(n)(6)) on a substantially full time basis for a period of at lest one year, and such services are performed under the
primary direction or control of the recipient. Contributions or benefits provided to a Leased Employee by the Leasing Organization that are attributable to services performed for the recipient Employer shall be treated as provided by the recipient
Employer). 

 A Leased Employee shall not be considered an employee of the recipient if: 
  

	 	(i)	such employee is covered by a money purchase pension plan providing: (1) a nonintegrated employer contribution rate of at least 10 percent of compensation, as defined in Code
section 415(c)(3), but including amounts contributed pursuant to a salary reduction agreement which are excludable from the employee’s gross income under Code sections 125, 402(e)(3), 402(h)(1)(B) or 403(b), (2) immediate participation,
and (3) full and immediate vesting; and 

  

 -7- 

	 	(ii)	leased employees do not constitute more than 20 percent of the recipient’s nonhighly compensated work force. 

  

	1.30 	“Leave of Absence”. A period during which an individual is deemed to be an Employee, but is absent from active employment, provided that the absence:

  

	 	(a)	was authorized by a Related Company; or 

  

	 	(b)	was due to military service in the United States armed forces and the individual returns to active employment within the period during which he or she retains employment rights
under federal law. 

  

	1.31 	“Loan Account”. The record maintained for purposes of accounting for a Participant’s loan and payments of principal and interest thereon. 

  

	1.32 	“NHCE” or “Non-Highly Compensated Employee”. An Employee who is a Non-Highly Compensated Employee as determined under Section 12. 

 

	1.33 	“Normal Retirement Date”. The date of a Participant’s 65th birthday. 

  

	1.34 	“Owner”. A person with an ownership interest in the capital, profits, outstanding stock or voting power of a Related Company within the meaning of Code section 318 or 416
(which exclude indirect ownership through a qualified plan). 

  

	1.35 	“Parental Leave”. The period of absence from work by reason of the pregnancy of an Employee, the birth of the Employee’s child, the placement of a child with the
Employee in connection with the child’s adoption, or the caring for such child immediately after birth or placement as described in Code section 410(a)(5)(E). 

  

	1.36 	“Participant”. The Plan status of an Eligible Employee after he or she completes the eligibility requirements and enters the Plan as described in Section 2.1 and any
individual for whom assets have been transferred from a predecessor plan merged, in whole or in part, with the Plan. An Eligible Employee who makes a Rollover Contribution prior to completing the eligibility requirements as described in
Section 2.1 shall also be considered a Participant, except that he or she shall not be considered a Participant for purposes of Plan provisions related to Contributions, other than a Rollover Contribution, until he or she completes the
eligibility requirements and enters the Plan as described in Section 2.1. A Participant’s participation continues until his or her employment with all Related Companies ends and his or her Account is distributed or forfeited.

  

	1.37 	“Pay”. The base pay paid to an Eligible Employee by an Employer while he or she is a Participant during the current period. 

  

 -8- 

 Pay is neither increased by any salary credit or decreased by any salary reduction pursuant to Code
sections 125 or 402(e)(3). Pay is limited to $200,000 per Plan Year effective January 1, 2002 (as adjusted for cost of living increases pursuant to Code sections 401(a)(17) and 415(d)). 
  

	1.38 	“Plan”. The Jacobs Engineering Group Inc. 401(k) Plus Savings Plan set forth in this document, as from time to time amended. 

  

	1.39 	“Plan Year”. The annual accounting period of the Plan and Trust which ends on each December 31. 

  

	1.40 	“QDRO”. A domestic relations order which the Administrator has determined to be a qualified domestic relations order within the meaning of Code section 414(p).

  

	1.41 	“Related Company”. With respect to any Employer, that Employer and any corporation, trade or business which is, together with that Employer, a member of the same
controlled group of corporations, a trade or business under common control, or an affiliated service group within the meaning of Code sections 414(b), (c), (m) or (o), except that for purposes of Section 13 “within the meaning of Code
sections 414(b), (c), (m) or (o), as modified by Code section 415(h)” shall be substituted for the preceding reference to “within the meaning of Code sections 414(b), (c), (m) or (o)”. 

  

	1.42 	“Required Beginning Date”. The latest date benefit payments shall commence to a Participant. 

  

	 	(a)	For calendar years commencing before January 1, 1997, such date shall mean: 

  

	 	 (1)
	 with regard to a Participant who attained age 70 1/2 in 1996, did not terminate employment with all Related Companies before January 1, 1997, and is not or was not a 5% Owner, the April 1 that next follows (i) the
calendar year in which the Participant attained age 70 1/2, or (ii) if the Participant elects to apply this
clause (ii), the calendar year in which the Participant terminates employment with all Related Companies (and any such election must be made prior to January 1, 1998); and 

  

	 	 (2)
	 with regard to a Participant who attained age 70 1/2 after December 31, 1987 and before January 1, 1996 or, in 1996 if he or she terminated employment with all Related Companies before January 1, 1997 or is or was a
5% Owner, the April 1 that next follows the calendar year in which the Participant attains age 70 1/2; and

  

 -9- 

	 	 (3)
	 with regard to a Participant who attained age 70 1/2 before January 1, 1988 and who is not 5% Owner, the April 1 that next follows the later of (i) the calendar year in which the Participant attained age 70 1/2, or (ii) the calendar year in which the Participant terminates employment with all Related Companies; and

  

	 	 (4)
	 with regard to a Participant who attained age 70 1/2 before January 1, 1988 and who is a 5% Owner, the April 1 that next follows the later of (i) the calendar year in which the Participant attained age 70 1/2, or (ii) the earlier of the calendar year in which or within which ends the Plan Year in which the
Participant becomes a 5% Owner or the calendar year in which he or she terminates employment with all Related Companies. 

 A Participant shall be considered a 5% Owner for this purpose if such Participant is a 5% Owner as
defined in Code section 416(i) (determined in accordance with Code section 416 but without regard to whether the Plan is top-heavy) at any time during the Plan Year ending with or within the calendar year in which the Participant attains age 66 1/2 or in any subsequent Plan Year. 
  

	 	(b)	For calendar years commencing after December 31, 1996 and before January 1, 1999, such date shall mean: 

  

	 	 (1)
	 with regard to a Participant who attained age 70 1/2 in 1997 or 1998, the April 1 that next follows the calendar year in which he or she attained age 70 1/2, except that if the Participant (i) did not terminate employment with all Related Companies before January 1 of the calendar year following the calendar year in which
he or she attained age 70 1/2, (ii) is not a 5% Owner, such date shall instead mean the April 1 that
next follows (i) the calendar year in which the Participant attained age 70 1/2, or (ii) if the
Participant elects to apply this clause (ii), the calendar year in which the Participant terminates employment with all Related Companies (and any such election must be made prior to the April 1 of the calendar year following the calendar year
in which he or she attained age 70 1/2); and 

  

	 	 (2)
	 with regard to a Participant who is a 5% Owner, the April 1 that next follows the calendar year in which the
Participant attains age 70 1/2. 

  

 -10- 

 A Participant shall be considered a 5% Owner for
this purpose if such Participant is a 5% Owner with respect to the Plan Year ending in the calendar year in which the Participant attains age 70 1/2. 
  

	 	(c)	For calendar years commencing after December 31, 1998, such date shall mean: 

  

	 	 (1)
	 with regard to a Participant who is not a 5% Owner, the April 1 that next follows the later of (i) the
calendar year in which the Participant attained age 70 1/2, or (ii) the calendar year in which the
Participant terminates employment with all Related Companies; and 

  

	 	 (2)
	 with regard to a Participant who is a 5% Owner, the April 1 that next follows the calendar year in which the
Participant attains age 70 1/2. 

 A Participant shall be considered a 5% Owner for this purpose if such Participant is a 5% Owner
with respect to the Plan Year ending in the calendar year in which the Participant attains age 70 1/2. 

  

	1.43 	“Spousal Consent”. The written consent given by a spouse to a Participant’s election or waiver of Beneficiary designation. The spouse’s consent must acknowledge
the effect on the spouse of the Participant’s election, waiver or designation, and be duly witnessed by a notary public. Spousal Consent shall be valid only with respect to the spouse who signs the Spousal Consent and only for the particular
choice made by the Participant which requires Spousal Consent. A Participant may revoke (without Spousal Consent) a prior election, waiver or designation that required Spousal Consent at any time before payments begin. Spousal Consent also means a
determination by the Administrator that there is no spouse, the spouse cannot be located, or such other circumstances as may be established under Code section 417(a)(2)(B). 

  

	1.44 	“Taxable Income”. Compensation in the amount reported by the Employer or a Related Company as “Wages, tips, other compensation” on Form W-2, or any successor
method of reporting under Code section 6041(d). 

  

	1.45 	“Terminated Participant”. The Plan status of a Participant who is not an Employee and with respect to whom the Administrator has reported to the Trustee that the
Participant’s employment has terminated with all Related Companies. 

  

 -11- 

	1.46 	“Trust”. The legal entity created by those provisions of this document which relate to the Trustee. The Trust is part of the Plan and holds the Plan assets which are
comprised of the aggregate of Participants’ Accounts, and any unallocated funds invested in interest bearing deposits (which may include interest bearing deposits of the Trustee) and/or money market type assets or funds, pending allocation to
Participants’ Accounts or disbursement to pay Plan fees and expenses. 

  

	1.47 	“Trustee”. Vanguard Fiduciary Trust Company 

  

	1.48 	“USERRA”. The Uniformed Services Employment and Reemployment Rights Act of 1994, as amended. 

  

	1.49 	“Valuation Date”. Each business day the New York Stock Exchange is open for business. 

  

 -12- 

	2	ELIGIBILITY 

  

	2.1	Eligibility 

 All Participants as of January 1, 1998
shall continue their eligibility to participate. 
 For purposes of Pre-Tax Contributions, each other individual who is an Eligible Employee
on January 1, 1998 shall become a Participant on that date. Each other Eligible Employee shall become a Participant as soon as administratively feasible after date of hire but not more than 30 days. 
 For purposes of Matching Contributions, each Eligible Employee shall become a Participant on the first day of the next month after the date he or she
completes a 12-month eligibility period in which he or she is credited with at least 1,000 Hours of Service. The initial eligibility period begins on the date an Employee first performs an Hour of Service. Subsequent eligibility periods begin with
the start of each Plan Year beginning after the first Hour of Service is performed. 
  

	2.2	Ineligible Employees 

 If an Employee completes the above
eligibility requirements, but is Ineligible at the time participation would otherwise begin (if he or she were not Ineligible), he or she shall become a Participant on the first subsequent date on which he or she is an Eligible Employee. 

 

	2.3	Ineligible, Terminated or Former Participants 

 An
Ineligible, Terminated or Former Participant may not make or share in any Contributions, other than such Contributions due to be made on his or her behalf after the date he or she became an Ineligible, Terminated or Former Participant for periods
prior to such date, nor may an Ineligible or Terminated Participant be eligible for a new Plan loan (except as described in Section 9.1), during the period he or she is an Ineligible or Terminated Participant, but he or she shall continue to
participate for all other purposes. An Ineligible, Terminated or Former Participant shall automatically become an active Participant on the date he or she again becomes an Eligible Employee. 
  

 -13- 

	3	PARTICIPANT CONTRIBUTIONS 

  

	3.1	Pre-Tax Contribution Election 

 Upon becoming a
Participant, an Eligible Employee may elect to reduce his or her Pay by an amount which does not exceed the Contribution Dollar Limit or the limits described in the Contribution Percentage Limits paragraph of this Section 3, and have such
amount contributed to the Plan by the Employer as a Pre-Tax Contribution. The election shall be made in such manner and with such advance notice as prescribed by the Administrator and may be limited to a whole percentage of Pay. In no event shall an
Employee’s Pre-Tax Contributions under the Plan and comparable contributions to all other plans, contracts or arrangements of all Related Companies exceed the Contribution Dollar Limit for the Employee’s taxable year beginning in the Plan
Year. 
  

	3.2	Changing a Contribution Election 

 A Participant who is an
Eligible Employee may change his or her Pre-Tax Contribution election at any time in such manner and with such advance notice as prescribed by the Administrator, and such election change shall be effective as soon as administratively feasible after
such date. A Participant’s Contribution election made as a percentage of Pay shall automatically apply to Pay increases or decreases. 
  

	3.3	Revoking and Resuming a Contribution Election 

 A
Participant may revoke his or her Pre-Tax Contribution election at any time in such manner and with such advance notice as prescribed by the Administrator, and such revocation shall be effective as soon as administratively feasible after such date.

 A Participant who is an Eligible Employee may resume Pre-Tax Contributions by making a new election at the same time in which a Participant
may change his or her election and such election shall be effective as soon as administratively feasible after such date. 
  

 -14- 

	3.4	Contribution Percentage Limits 

 The Administrator or the
Committee may establish and change from time to time, in writing, without the necessity of amending the Plan and Trust, the minimum, if applicable, and maximum Pre-Tax Contribution percentages, prospectively or retrospectively (for the current Plan
Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the maximum
Contribution percentages are: 
  

									
	 Plan Years
	  	Contribution
Type	  	 Highly
 Compensated
 Employees
	 	 	 All Other
 Participants
	 
	 Prior to 2002
	  	Pre-Tax	  	10	%	 	18	%
	 After 2001
	  	Pre-Tax	  	10	%	 	50	%

 Irrespective of the limits that may be established by the Administrator in accordance with the
paragraph above , in no event shall the Contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415. 
  

	3.5	Refunds When Contribution Dollar Limit Exceeded 

 A
Participant who makes Pre-Tax Contributions for a calendar year to the Plan and comparable contributions to any other qualified defined contribution plan in excess of the Contribution Dollar Limit may notify the Administrator in writing by the
following March 1 (or as late as April 14 if allowed by the Administrator) that an excess has occurred. In this event, the amount of the excess specified by the Participant, adjusted for investment gain or loss, shall be refunded to him or
her by the April 15 following the year of deferral and shall not be included as an Annual Addition (as defined in Section 13.1) under Code section 415 for the year contributed. The excess amounts shall first be taken from unmatched Pre-Tax
Contributions and then from matched Pre-Tax Contributions. Any Matching Contributions attributable to refunded excess Pre-Tax Contributions as described in this Section, adjusted for investment gain or loss, shall be forfeited and used to reduce
future Contributions to be made by an Employer as soon as administratively feasible. Refunds and forfeitures shall not include investment gain or loss for the period between the end of the applicable calendar year and the date of distribution or
forfeiture. 
  

	3.6	Timing, Posting and Tax Considerations 

 Participants’
Contributions, other than Rollover Contributions, may only be made through payroll deduction. Such amounts shall be paid to the Trustee in cash and posted to each Participant’s Account(s) as soon as such amounts can reasonably be separated from
the Employer’s general assets and balanced against the specific amount made on behalf of each Participant. In no event, however, shall such amounts be paid to the Trustee more than 15 business days following the end of the month that includes
the date amounts are deducted from a Participant’s Pay (or as that maximum period may be otherwise extended by ERISA). Pre-Tax Contributions shall be treated as Contributions made by an Employer in determining tax deductions under Code section
404(a). 
  

 -15- 

	3.7	Catch-Up Contributions 

 All Employees who are eligible to
make elective deferrals under this Plan may make Catch-Up Contributions to this Plan on the following terms and conditions: 
  

	 	(a)	The Employee may make the Catch-Up Contribution if the Employee has attained age 50 before the close of the Plan Year for which the Catch-Up Contribution is made.

  

	 	(b)	The Catch-Up Contributions must be made in accordance with, and subject to the limitations of Code section 414(b). The Catch-Up Contribution shall not be taken into account for
purposes of the provisions of the Plan implementing the required limitations of Code sections 402(g) and 415. The Plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Code sections 401(k)(3),
401(k)(11), 401(k)(12), 410(b), or 416, as applicable, by reason of making such Catch-Up Contributions. 

  

	 	(c)	Catch-Up Contributions may be made only for Plan Years beginning after December 31, 2001. 

  

	 	(d)	The aggregate Catch-Up Contributions that may be made to this Plan and other Eligible Retirement Plans under Code section 414(v) are the following amounts for the following years:

  

			
	 2001
	  	$0
	 2002
	  	$1,000
	 2003
	  	$2,000
	 2004
	  	$3,000
	 2005
	  	$4,000
	 2006
	  	$5,000
	 2007-2010
	  	$5,000, indexed annually for inflation in $500 increments
	 2011 and thereafter
	  	$0

  

 -16- 

	4	ROLLOVER CONTRIBUTIONS AND TRANSFERS FROM AND TO OTHER QUALIFIED PLANS 

  

	4.1	Rollover Contributions from Other Plans 

 The Administrator
may authorize the Trustee to accept a Rollover Contribution in cash, directly from an Eligible Employee or as a Direct Rollover from another qualified plan on behalf of the Eligible Employee, even if he or she is not yet a Participant. The Employee
shall be responsible for providing satisfactory evidence, in such manner as prescribed by the Administrator, that such Rollover Contribution qualifies as a rollover contribution, within the meaning of Code section 402(c) or 408(d)(3)(A)(ii). Such
amounts received directly from an Eligible Employee must be paid to the Trustee in cash within 60 days after the date received by the Eligible Employee from an Eligible Retirement Plan. Rollover Contributions shall be posted to the Eligible
Employee’s Rollover Account as of the date received by the Trustee. 
 If the Administrator later determines that an amount contributed
pursuant to the above paragraph did not in fact qualify as a rollover contribution, within the meaning of Code section 402(c) or 408(d)(3)(A)(ii), the balance credited to the Participant’s Rollover Account shall immediately be
(1) segregated from all other Plan assets, (2) treated as a nonqualified trust established by and for the benefit of the Participant, and (3) distributed to the Participant. Any such amount shall be deemed never to have been a part of
the Plan. 
  

	4.2	Transfers From Other Qualified Plans 

 The Administrator
may instruct the Trustee to receive assets in cash or in kind directly from another Eligible Retirement Plan on the following terms and conditions: 
  

	 	(a)	The transferor plan must be a qualified plan described in Code section 401(a) or 403(a), excluding after-tax employee contributions. This plan may also accept rollover contributions
from an individual retirement account or annuity described in Code section 408(a) or (b) that is eligible to be rolled over and would otherwise be includable in gross income. 

  

	 	(b)	The Participant complies with reasonable regulations adopted from time to time by the Administrator. The Participant must provide the name and address of the transferor plan and
such other information that is needed to accept the transfer from the other plan. 

  

	 	(c)	The transfer will not be accepted if any amounts are not exempted by Code section 401(a)(11)(B) from the annuity requirements of Code section 417 unless the Plan complies with such
requirements. 

  

 -17- 

	 	(d)	The transfer will not be accepted if any amounts include benefits protected by Code section 411(d)(6) which would not be preserved under applicable Plan provisions.

  

	 	(e)	The Trustee may refuse to receive any transfer if the Trustee determines that the type of assets are unacceptable. The Trustee will normally accept rollover contributions only of
cash or marketable securities. 

  

	 	(f)	The Trustee must separately account for amounts rolled over. The amounts shall be posted to the appropriate Accounts of Participants and separately accounted for as of the date
received by the Trustee. 

  

	 	(g)	To the extent that a transfer includes Participant loans, such loans shall continue in effect subject to the terms and conditions in effect as of the date of the transfer or as
otherwise agreed to by the Administrator. The Administrator may for any reason refuse to accept participant loan transfers from other plans. 

  

	4.3	Direct Rollovers To Other Plans 

 A Participant may direct
the Trustee to make a Direct Rollover to another IRA or plan if: 
  

	 	(a)	the Participant is entitled to receive an Eligible Rollover Distribution; 

  

	 	(b)	the plan to which the distribution is transferred is an Eligible Retirement Plan; 

  

	 	(c)	the Eligible Retirement Plan receiving the direct rollover authorizes the Direct Rollover into such plan; 

  

	 	(d)	the Participant complies with any reasonable procedures for Direct Rollovers requested by the Administrator. The Administrator may require the Participant to provide additional
information and documentation, such as the name of the other Eligible Retirement Plan to which the Direct Rollover will be made, a representation that the Eligible Retirement Plan will accept a Direct Rollover, the address of the transferee plan,
and any other information that is necessary for the Trustee or Administrator to make a Direct Rollover; 

  

	 	(e)	the Participant complies with any other requirements under the Code or regulations for a Direct Rollover. 

  

 -18- 

	5	EMPLOYER CONTRIBUTIONS 

  

	5.1	Matching Contributions 

  

	 	(a)	Frequency and Eligibility. For each period for which Participants’ Contributions are made, the Employer shall make Matching Contributions, as described in the following
Allocation Method paragraph, on behalf of each Participant who contributed during the period and who has met the eligibility requirements of Section 2.1. 

  

	 	(b)	Allocation Method. The Matching Contributions for each period shall total 50% of each eligible Participant’s Pre-Tax Contributions for the period. However, no Matching
Contributions shall be made based upon a Participant’s Contributions in excess of 6% of his or her Pay. The Employer or the Committee may change the 50% matching rate or the 6% of considered Pay to any other percentages, including 0%, generally
by notifying eligible Participants in sufficient time to adjust their Contribution elections prior to the start of the period for which the new percentages apply. 

  

	 	(c)	Timing, Medium and Posting. The Employer shall make each period’s Matching Contribution in cash as soon as administratively feasible, and for purposes of deducting such
Contribution, not later than the Employer’s federal tax filing date, including extensions, for the Employer’s taxable year that ends with or within the Plan Year for which the Matching Contribution is made. Such amounts shall be paid to
the Trustee and posted to each Participant’s Matching Account once the total Matching Contribution received has been balanced against the specific amount to be credited to each Participant’s Matching Account. 

  

 -19- 

	6	ACCOUNTING 

  

	6.1	Individual Participant Accounting 

 The Administrator shall
maintain an individual set of Accounts for each Participant in order to reflect transactions both by type of Account and investment medium. Financial transactions shall be accounted for at the individual Account level by posting each transaction to
the appropriate Account of each affected Participant. Participant Account values shall be maintained in shares for the Investment Funds and in dollars for the Loan Account. At any point in time, the Account value shall be determined using the most
recent Valuation Date values provided by the Trustee. 
  

	6.2	Valuation Date Accounting and Investment Cycle 

 Participant Account values shall be determined as of each Valuation Date. For any transaction to be processed as of a Valuation Date, the Trustee must receive instructions for the transaction by the Valuation Date. Such instructions shall
apply to amounts held in the Account on that Valuation Date. Financial transactions of the Investment Funds shall be posted to Participants’ Accounts as of the Valuation Date, based upon the Valuation Date values provided by the Trustee, and
settled on the Valuation Date. 
  

	6.3	Accounting for Investment Funds 

 Investments in each
Investment Fund shall be maintained in shares. The Trustee is responsible for determining the share values of each Investment Fund as of each Valuation Date. To the extent an Investment Fund is comprised of collective investment funds offered by the
Trustee or any other entity authorized to offer collective investment funds, the share values shall be determined in accordance with the rules governing such collective investment funds, which are incorporated herein by reference. All other share
values shall be determined by the Trustee. The share value of each Investment Fund shall be based on the fair market value of its underlying assets. 
  

	6.4	Payment of Fees and Expenses 

 Except to the extent Plan
fees and expenses related to Account maintenance, transaction and Investment Fund management and maintenance, set forth below, are paid by the Employer directly, such fees and expenses shall be paid as set forth below. 
  

 -20- 

	 	(a)	Account Maintenance: Account maintenance fees and expenses, may include but are not limited to, administrative, Trustee, government annual report preparation, audit, legal,
nondiscrimination testing and fees for any other special services. Account maintenance fees shall be charged to Participants on a per Participant basis provided that no fee shall reduce a Participant’s Account balance below zero.

  

	 	(b)	Investment Fund Management and Maintenance: Management and maintenance fees and expenses related to the Investment Funds shall be charged at the Investment Fund level and reflected
in the net gain or loss of each Investment Fund. 

 The Company may determine that the Employers pay a lower portion of the fees
and expenses allocable to the Accounts of Participants who are no longer Employees or who are not Beneficiaries, unless doing so would result in discrimination prohibited under Code section 401(a)(4) or a significant detriment prohibited by Code
section 411(a)(11). As of the Effective Date, a breakdown of which Plan fees and expenses shall generally be borne by the Trust (and charged to individual Participants’ Accounts or charged at the Investment Fund level and reflected in the net
gain or loss of each Investment Fund) and those that shall be paid by the Employer is set forth in Appendix B, which may be changed from time to time by the Company, in writing, without the necessity of amending the Plan and Trust. 
 The Trustee shall have the authority to pay any such fees and expenses, which remain unpaid by the Employer for 60 days, from the Trust. 
  

	6.5	Accounting for Participant Loans 

 Participant loans shall
be held in a separate Loan Account of the Participant and accounted for in dollars as an earmarked asset of the borrowing Participant’s Account. 
  

	6.6	Error Correction 

 The Administrator may correct any errors
or omissions in the administration of the Plan by restoring any Participant’s Account balance with the amount that would be credited to the Account had no error or omission been made. Funds necessary for any such restoration shall be provided
through payment made by the Employer, or by the Trustee to the extent the error or omission is attributable to actions or inactions of the Trustee. 
  

	6.7	Participant Statements 

 The Administrator shall provide
Participants with statements of their Accounts as soon after the end of each quarter of the Plan Year as administratively feasible. 
  

 -21- 

	6.8	Special Accounting During Conversion Period 

 The
Administrator and Trustee may use any reasonable accounting methods in performing their respective duties during any Conversion Period. This includes, but is not limited to, the method for allocating net investment gains or losses and the extent, if
any, to which contributions received by and distributions paid from the Trust during this period share in such allocation. 
  

	6.9	Accounts for Alternate Payees 

 A separate Account shall be
established for an Alternate Payee entitled to any portion of a Participant’s Account under a QDRO as of the date and in accordance with the directions specified in the QDRO. In addition, a separate Account may be established during the period
of time the Administrator, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall be valued and accounted for in the same manner as any other
Account. 
  

	 	(a)	Distributions Pursuant to QDROs. If a QDRO so provides, the portion of a Participant’s Account payable to an Alternate Payee may be distributed, in a form permissible under
Section 11 and Code section 414(p), to the Alternate Payee at any time beginning as soon as practicable after the QDRO determination is made, regardless of whether the Participant is entitled to a distribution from the Plan at such time. The
Alternate Payee shall be provided the notice prescribed by Code section 402(f). 

  

	 	(b)	Participant Loans. Except to the extent required by law, an Alternate Payee, on whose behalf a separate Account has been established, shall not be entitled to borrow from such
Account. If a QDRO specifies that the Alternate Payee is entitled to any portion of the Account of a Participant who has an outstanding loan balance, all outstanding loans shall generally continue to be held in the Participant’s Account and
shall not be divided between the Participant’s and Alternate Payee’s Accounts. 

  

	 	(c)	Investment Direction. Where a separate Account has been established on behalf of an Alternate Payee and has not yet been distributed, the Alternate Payee may direct the investment
of such Account in the same manner as if he or she were a Participant. 

  

 -22- 

	7	INVESTMENT FUNDS AND ELECTIONS 

  

	7.1	Investment Funds 

 Except for Participants’ Loan
Account and any unallocated funds invested in interest bearing deposits (which may include interest bearing deposits of the Trustee) and/or money market type assets or funds, pending allocation to Participants’ Accounts, or disbursement to pay
Plan fees and expenses, the Trust shall be maintained in various Investment Funds. The Administrator shall select the Investment Funds offered to Participants and may change the number or composition of the Investment Funds, subject to the terms and
conditions agreed to with the Trustee. As of the Effective Date, a list of the Investment Funds offered under the Plan is set forth in Appendix A, which may be changed from time to time by the Administrator, in writing, and as agreed to by the
Trustee, without the necessity of amending the Plan and Trust. 
 The Administrator may set a maximum percentage of the total election that a
Participant may direct into any specific Investment Fund, which maximum, if any, as of the Effective Date is set forth in Appendix A, which may be changed from time to time by the Administrator, in writing, without the necessity of amending the Plan
and Trust. 
  

	7.2	Responsibility for Investment Choice 

 Each Participant
shall be solely responsible for the selection of his or her Investment Fund choices. No fiduciary with respect to the Plan is empowered to advise a Participant as to the manner in which his or her Accounts are to be invested, and the fact that an
Investment Fund is offered shall not be construed to be a recommendation for investment. 
 During any Conversion Period, Trust assets may be
held in any investment vehicle permitted by the Plan, as directed by the Administrator, irrespective of prior Participant investment elections. 
  

	7.3	Investment Fund Elections 

 A Participant shall provide his
or her initial investment election upon becoming a Participant and may change his or her investment election at any time in accordance with procedures established by the Administrator and the Trustee. A Participant shall make his or her investment
election in any combination of one or any number of the Investment Funds offered in accordance with the procedures established by the Administrator and Trustee. Investment elections received by the Trustee shall be effective on the Valuation Date.

  

 -23- 

	7.4	Default if No Valid Investment Election 

 The Administrator
shall specify an Investment Fund for the investment of that portion of a Participant’s Account which is not yet held in an Investment Fund and for which no valid investment election is on file. The Investment Fund specified as of the Effective
Date is set forth in Appendix A, which may be changed from time to time by the Administrator, in writing, without the necessity of amending the Plan and Trust. 
  

	7.5	Investment Fund Election Change Fees 

 A reasonable
processing fee may be charged directly to a Participant’s Account for Investment Fund election changes in excess of a specified number per year as determined by the Administrator. 
  

 -24- 

	8	VESTING 

  

	8.1	Fully Vested Accounts 

 A Participant shall be fully vested
in all Accounts at all times. 
  

 -25- 

	9	PARTICIPANT LOANS 

  

	9.1 	Participant Loans Permitted 

 Loans to Participants and
Beneficiaries are permitted pursuant to the terms and conditions set forth in this Section, except that a loan shall not be permitted to a Participant who is no longer an Employee or to a Beneficiary, unless such Participant or Beneficiary is
otherwise a party in interest (as defined in ERISA section 3(14)). 
  

	9.2 	Loan Application, Note and Security 

 A Participant shall
apply for any loan in such manner and with such advance notice as prescribed by the Administrator. Each loan shall be evidenced by a promissory note, secured only by the portion of the Participant’s Account from which the loan is made, and the
Plan shall have a lien on this portion of his or her Account. 
  

	9.3 	Spousal Consent 

 A Participant is not required to obtain
Spousal Consent in order to borrow from his or her Account under the Plan, unless they have transferred into this plan with a grandfathered benefit that allows a joint and survivor option. 
  

	9.4 	Loan Approval 

 The Administrator, or the Trustee, if
otherwise authorized by the Administrator and agreed to by the Trustee, is responsible for determining that a loan request conforms to the requirements described in this Section and granting such request. 
  

	9.5 	Loan Funding Limits, Account Sources and Funding Order 

 The loan amount must meet all of the following limits as determined as of the Valuation Date then the loan is processed and shall be funded from the Participant’s Accounts as follows: 
  

	 	(a)	Plan Minimum Limit. The minimum amount for any loan is $500. 

  

	 	(b)	Plan Maximum Limit, Account Sources and Funding Order. Subject to the legal limit described in (c) below, the maximum a Participant may borrow, including the aggregate
outstanding balances of existing Plan loans, is 100% of the Participant’s Accounts. 

  

 -26- 

	 	(c)	Legal Maximum Limit. The maximum a Participant may borrow, including the aggregate outstanding balances of existing Plan loans, is 50% of his or her vested Account balance, not to
exceed $50,000. However, the $50,000 maximum is reduced by the Participant’s highest aggregate outstanding Plan loan balance during the 12-month period ending on the day before the Valuation Date as of which the loan is made. For purposes of
this paragraph, the qualified plans of all Related Companies shall be treated as though they are part of the Plan to the extent it would decrease the maximum loan amount. 

  

	9.6 	Maximum Number of Loans 

 A Participant may have only one
loan outstanding at any given time. 
  

	9.7 	Source and Timing of Loan Funding 

 A loan to a Participant
shall be made solely from the assets of his or her own Account. The available assets shall be determined first by Account and then within each Account used for funding a loan, amounts shall be taken from the Investment Fund in direct proportion to
the market value of the Participant’s interest in each Investment Fund as of the Valuation Date on which the loan is processed. 
 The
loan shall be funded on the Valuation Date as of which the loan is processed. The Trustee shall make payment to the Participant as soon thereafter as administratively feasible. 
  

	9.8 	Interest Rate 

 The interest rate charged on Participant
loans shall be a fixed reasonable rate of interest, determined from time to time by the Administrator, which provides the Plan with a return commensurate with the prevailing interest rate charged by persons in the business of lending money for loans
which would be made under similar circumstances. As of the Effective Date, the interest rate is determined as set forth in Appendix C, which may be changed from time to time by the Administrator, in writing, without the necessity of amending the
Plan and Trust. 
  

	9.9 	Loan Payment 

 Substantially level amortization shall be
required of each loan with payments made at least monthly, generally through payroll deduction. Loans may be prepaid in full or in part at any time. The Participant may choose the loan repayment period, not to exceed 5 years. 
  

 -27- 

	9.10 	Loan Payment Hierarchy 

 Loan principal payments shall be
credited to the Participant’s Accounts in the inverse of the order used to fund the loan. Loan interest shall be credited to the Participant’s Accounts in direct proportion to the principal payment. Loan payments are credited to the
Investment Funds based upon the Participant’s current investment election for new Contributions. 
  

	9.11 	Repayment Suspension 

 The Administrator may agree to a
suspension of loan payments for up to 12 months for a Participant who is on a Leave of Absence without pay. During the suspension period, interest shall continue to accrue on the outstanding loan balance. At the expiration of the suspension period
all outstanding loan payments and accrued interest thereon shall be due unless otherwise agreed upon by the Administrator. 
  

	9.12 	Loan Default 

 A loan is treated as in default if a
scheduled loan payment is not made at the time required. A Participant shall then have a grace period to cure the default before it becomes final. Such grace period shall be for a period that does not extend beyond the last day of the calendar
quarter following the calendar quarter in which the scheduled loan payment was due or such lesser or greater maximum period as may later be authorized by Code section 72(p). 
 In the event a default is not cured within the grace period, the Administrator may direct the Trustee to report the outstanding principal balance of the
loan and accrued interest thereon as a taxable distribution to the Participant. As soon as a Plan withdrawal or distribution to such Participant would otherwise be permitted, the Administrator may instruct the Trustee to execute upon its security
interest in the Participant’s Account by distributing the note to the Participant. 
  

	9.13 	Call Feature 

 The Administrator shall have the right to
call any Participant loan once a Participant’s employment with all Related Companies has terminated, unless he or she is otherwise a party in interest (as defined in ERISA section 3(14)), or if the Plan is terminated. 
  

 -28- 

	10	IN-SERVICE WITHDRAWALS 

  

	10.1 	In-Service Withdrawals Permitted 

 In-service withdrawals
to a Participant who is an Employee are permitted pursuant to the terms and conditions set forth in this Section and pursuant to the terms and conditions set forth in Section 11 with regard to an in-service withdrawal made in accordance with a
Participant’s Required Beginning Date. 
  

	10.2 	In-Service Withdrawal Application and Notice 

 A
Participant shall apply for any in-service withdrawal in such manner and with such advance notice as prescribed by the Administrator. The Participant shall be provided the notice prescribed by Code section 402(f). 
 Code sections 401(a)(11) and 417 do not apply to in-service withdrawals under the Plan. An in-service withdrawal may commence less than 30 days after the
aforementioned notice is provided, if: 
  

	 	(a)	the Participant is clearly informed that he or she has the right to a period of at least 30 days after receipt of such notice to consider his or her option to elect or not elect a
Direct Rollover for all or a portion, if any, of his or her in-service withdrawal which constitutes an Eligible Rollover Distribution; and 

  

	 	(b)	the Participant after receiving such notice, affirmatively elects a Direct Rollover for all or a portion, if any, of his or her in-service withdrawal which constitutes an Eligible
Rollover Distribution or alternatively elects to have all or a portion made payable directly to him or her, thereby not electing a Direct Rollover for all or a portion thereof. 

 Notwithstanding the foregoing, Hardship Withdrawal amounts withdrawn from a Participant’s Pre-Tax Account shall not constitute an Eligible Rollover
Distribution. 
  

	10.3 	Spousal Consent 

 A Participant is not required to obtain
Spousal Consent in order to receive an in-service withdrawal under the Plan. 
  

 -29- 

	10.4 	In-Service Withdrawal Approval 

 The Administrator, or the
Trustee, if otherwise authorized by the Administrator and agreed to by the Trustee, is responsible for determining whether an in-service withdrawal request conforms to the requirements described in this Section and granting such request. 

 

	10.5 	Payment Form and Medium 

 The form of payment for an
in-service withdrawal shall be a single lump sum and payment shall be made in cash. With regard to the portion of an in-service withdrawal representing an Eligible Rollover Distribution, a Participant may elect a Direct Rollover for all or a portion
of such amount. 
  

	10.6 	Source and Timing of In-Service Withdrawal Funding 

 An
in-service withdrawal to a Participant shall be made solely from the assets of his or her own Account and shall be based on the Account values as of the Trade Date the in-service withdrawal is processed. The available assets shall be determined
first by Account and then within each Account used for funding an in-service withdrawal, amounts shall be taken by Investment Fund in direct proportion to the market value of the Participant’s interest in each Investment Fund (which excludes
his or her Loan Account balance) as of the Valuation Date on which the in-service withdrawal is processed. 
  

	10.7 	Hardship Withdrawals 

  

	 	(a)	Requirements. A Participant who is an Employee may request the withdrawal of up to the amount necessary to satisfy a financial need including amounts necessary to pay any federal,
state or local income taxes or penalties reasonably anticipated to result from the withdrawal. Only requests for withdrawals (1) on account of a Participant’s “Deemed Financial Need” and (2) which are “Deemed
Necessary” to satisfy the financial need shall be approved. 

  

	 	(b)	“Deemed Financial Need”. An immediate and heavy financial need relating to: 

  

	 	(1)	the payment of unreimbursed medical care expenses (described under Code section 213(d)) incurred (or to be incurred) by the Employee, his or her spouse or dependents (as defined in
Code section 152); 

  

	 	(2)	the purchase (excluding mortgage payments) of the Employee’s principal residence; 

  

 -30- 

	 	(3)	the payment of unreimbursed tuition, related educational fees and room and board for up to the next 12 months of post-secondary education for the Employee, his or her spouse or
dependents (as defined in Code section 152); 

  

	 	(4)	the payment of amounts necessary for the Employee to prevent losing his or her principal residence through eviction or foreclosure on the mortgage; or 

  

	 	(5)	any other circumstance specifically permitted under Code section 401(k)(2)(B)(i)(IV). 

  

	 	(c)	“Deemed Necessary”. A withdrawal is “Deemed Necessary” to satisfy the financial need only if the withdrawal amount does not exceed the financial need and all of
these conditions are met: 

  

	 	(1)	the Employee has obtained all possible withdrawals (other than hardship withdrawals) and nontaxable loans available from the Plan and all other plans maintained by Related
Companies, unless repayment of this loan would create an additional financial hardship; 

  

	 	(2)	the Administrator shall suspend the Employee from making any contributions to the Plan and all other qualified and nonqualified plans of deferred compensation and all stock option
or stock purchase plans maintained by Related Companies for 12 months from the date the withdrawal payment, or six months for Plan Years after December 31, 2001; and 

  

	 	(3)	the Administrator shall reduce the Contribution Dollar Limit for the Employee with regard to the Plan and all other plans maintained by Related Companies, for the calendar year next
following the calendar year of the withdrawal by the amount of the Employee’s Pre-Tax Contributions for the calendar year of the withdrawal. 

  

	 	(c)	Account Sources and Funding Order. All available amounts must first be withdrawn from a Participant’s After-Tax Account. The remaining withdrawal shall come from the following
of the Participant’s Accounts, in the priority order as follows: 

 Rollover Account 
 Matching Account 
 Prior Plan Account 
 Pre-Tax Account 
  

 -31- 

 The amount that may be withdrawn from a Participant’s Pre-Tax Account shall not include any amounts
attributable to earnings after December 31, 1988. 
 The amount that may be withdrawn from a Participant’s Matching Account shall not
include any amounts attributable to contributions or earnings after the start of the first Plan Year beginning after December 31, 1988. 
  

	 	(d)	Minimum Amount. There is no minimum amount for a hardship withdrawal. 

  

	 	(e)	Permitted Frequency. There is no restriction on the number of hardship withdrawals permitted to a Participant. 

  

	 	(f)	Suspension from Further Contributions. Upon making a hardship withdrawal, a Participant may not make additional Pre-Tax Contributions (or additional contributions to all other
qualified and nonqualified plans of deferred compensation and all stock option or stock purchase plans maintained by Related Companies), if his or her hardship withdrawal was “Deemed Necessary”, and shall not be eligible to receive Match
Contributions, for a period of 12 months from the date the withdrawal payment is made. The Suspension Period shall be six months, instead of 12 months, for hardship withdrawals after December 31, 2001. 

  

	10.8 	After-Tax Account Withdrawals 

  

	 	(a)	Requirements. A Participant who is an Employee may make an After-Tax Account withdrawal. 

  

	 	(b)	Account Sources and Funding Order. The withdrawal shall come from a Participant’s After-Tax Account. 

  

	 	(c)	Minimum Amount. There is no minimum amount for an After-Tax Account withdrawal. 

  

	 	(c)	Permitted Frequency. There is no restriction on the number of After-Tax Account withdrawals permitted to a Participant. 

  

	 	(d)	Suspension from Further Contributions. An After-Tax Account withdrawal shall not affect a Participant’s ability to make further Contributions. 

  

 -32- 

	10.9 	Rollover Account Withdrawals 

  

	 	(a)	Requirements. A Participant who is an Employee may make a Rollover Account withdrawal. 

  

	 	(b)	Account Sources and Funding Order. The withdrawal shall come from a Participant’s Rollover Account. 

  

	 	(c)	Minimum Amount. There is no minimum amount for a Rollover Account withdrawal. 

  

	 	(c)	Permitted Frequency. There is no restriction on the number of Rollover Account withdrawals permitted to a Participant. 

  

	 	(d)	Suspension from Further Contributions. A Rollover Account withdrawal shall not affect a Participant’s ability to make further Contributions. 

  

	 10.10 
	 Over Age 59 1/2 Withdrawals 

  

	 	 (a)
	 Requirements. A Participant who is an Employee and over age 59 1/
2 may make an Over Age 59 1/2
withdrawal. 

  

	 	 (b)
	 Minimum Amount. There is no minimum amount for an Over Age 59 1/
2 withdrawal. 

  

	 	 (c)
	 Permitted Frequency. The maximum number of Over Age 59 1/2 withdrawals permitted to a Participant in any 12-month period is not to exceed one per month. 

  

	 	 (d)
	 Suspension from Further Contributions. An Over Age 59 1/2 withdrawal shall not affect a Participant’s ability to make or be eligible to receive further Contributions. 

  

 -33- 

	11	DISTRIBUTIONS ONCE EMPLOYMENT ENDS OR BY REASON OF A PARTICIPANT’S REQUIRED BEGINNING DATE 

  

	11.1 	Benefit Information, Notices and Election 

 A Participant,
or his or her Beneficiary in the case of his or her death, shall be provided with information regarding all optional times and forms of distribution available under the Plan, including the notices prescribed by Code sections 402(f) and 411(a)(11).
Subject to the other requirements of this Section, a Participant, or his or her Beneficiary in the case of his or her death, may elect, in such manner and with such advance notice as prescribed by the Administrator, to have his or her vested Account
balance distributed beginning upon any Valuation Date following the Participant’s termination of employment with all Related Companies and a reasonable period of time during which the Administrator shall process, and inform the Trustee of, the
Participant’s termination or, if earlier, at the time of the Participant’s Required Beginning Date. 
 Notwithstanding, if a
Participant’s termination of employment with all Related Companies does not constitute a separation from service for purposes of Code section 401(k)(2)(B)(i)(I) or otherwise constitute an event set forth under Code section 401(k)(10)(A)(ii) or
(iii) as described in Section 19.3, the portion of a Participant’s Account subject to the distribution rules of Code section 401(k) may not be distributed until such time as he or she separates from service for purposes of Code
section 401(k)(2)(B)(i)(I) or, if earlier, upon such other event as described in Code section 401(k)(2)(B) and as provided for in the Plan. 
 Code sections 401(a)(11) and 417 do not apply to distributions under the Plan. A distribution may commence less than 30 days after the above notices are provided, if: 
  

	 	(a)	the Participant is clearly informed that he or she has the right to a period of at least 30 days after receipt of such notices to consider the decision as to whether to elect a
distribution and if so to elect a particular form of distribution and to elect or not elect a Direct Rollover for all or a portion, if any, of his or her distribution which constitutes an Eligible Rollover Distribution; and 

 

	 	(b)	the Participant after receiving such notices, affirmatively elects a distribution and a Direct Rollover for all or a portion, if any, of his or her distribution which constitutes an
Eligible Rollover Distribution or alternatively elects to have all or a portion made payable directly to him or her, thereby not electing a Direct Rollover for all or a portion thereof. 

  

 -34- 

	11.2 	Spousal Consent 

 A Participant is not required to obtain
Spousal Consent in order to receive a distribution under the Plan. 
  

	11.3 	Payment Form and Medium 

 Except to the extent otherwise
provided by Section 11.4, a Participant may elect to be paid in any of these forms: 
  

	 	(a)	a single lump sum; or 

  

	 	(b)	a portion paid in a lump sum, and the remainder paid later (partial payment); or 

  

	 	(c)	periodic installments over a period not to exceed the life expectancy of the Participant and his or her Beneficiary. 

 Distributions shall be made in cash, except to the extent a distribution consists of a loan call as described in Section 9. With regard to the
portion of a distribution representing an Eligible Rollover Distribution, a Distributee may elect a Direct Rollover for all or a portion of such amount. 
  

	11.4 	Source and Timing of Distribution Funding 

 A distribution
to a Participant shall be made solely from the assets of his or her own Account and shall be based on the Account values as of the Valuation Date the distribution is processed. The available assets shall be determined first by Account and then
within each Account used for funding a distribution, amounts shall be taken from the Investment Fund in direct proportion to the market value of the Participant’s interest in each Investment Fund as of the Valuation Date on which the
distribution is processed. 
 The distribution shall be funded on the Valuation Date as of which the distribution is processed. The Trustee
shall make payment to the Participant or on behalf of the Participant as soon thereafter as administratively feasible. 
  

	11.5 	Latest Commencement Permitted 

 In addition to any other
Plan requirements and unless a Participant elects otherwise, his or her benefit payments shall begin not later than 60 days after the end of the Plan Year in which he or she attains his or her Normal Retirement Date or retires, whichever is later.
However, if the amount of the payment or the location of the Participant (after a reasonable search) cannot be ascertained 

  

 -35- 

 
by that deadline, payment shall be made no later than 60 days after the earliest date on which such amount or location is ascertained but in no event later
than the Participant’s Required Beginning Date. A Participant’s failure to elect in such manner as prescribed by the Administrator to have his or her vested Account balance distributed, shall be deemed an election by the Participant to
defer his or her distribution but in no event shall his or her benefit payments commence later than his or her Required Beginning Date. 
 With regard to a Participant who is an Employee and who commenced benefit payments in accordance with Code section 401(a)(9) as in effect prior to January 1, 1997, and who is not a 5% Owner, he or she may, but is not required to,
discontinue such benefit payments until he or she is otherwise required to again commence benefit payments in accordance with Code section 401(a)(9) as in effect for calendar years commencing after December 31, 1996. 
 Notwithstanding any provision of the Plan to the contrary, distributions may be made pursuant to the terms of any method of distribution elected by an
Employee who was a Participant prior to January 1, 1984, in accordance with the terms of the Plan as in effect immediately prior to that date, provided that the election shall remain in effect only until revoked and (if revoked) may not later
be reinstated. 
 If benefit payments cannot begin at the time required because the location of the Participant cannot be ascertained (after a
reasonable search), the Administrator may, at any time thereafter, treat such person’s Account as forfeited subject to the provisions of Section 18.6. 
  

	11.6 	Payment Within Life Expectancy 

 The Participant’s
payment election must be consistent with the requirements of Code section 401(a)(9). 
 With respect to distributions under the Plan made on
or after January 17, 2001 for calendar years beginning on or after January 1, 2001, the Plan will apply the minimum distribution requirements of Code section 401(a)(9) in accordance with the regulations under Code section 401(a)(9) that
were proposed on January 17, 2001 (the 2001 Proposed Regulations), notwithstanding any provision of the Plan to the contrary. If the total amount of required minimum distributions made to a participant for 2001 prior to January 17, 2001
are equal to or greater than the amount of required minimum distributions determined under the 2001 Proposed Regulations, then no additional distributions are required for such participant for 2001 on or after such date. If the total amount of
required minimum distributions made to a participant for 2001 prior to January 17, 2001 are less than the amount determined under the 2001 Proposed Regulations, 

  

 -36- 

 
then the amount of required minimum distributions for 2001 on or after such date will be determined so that the total amount of required minimum
distributions for 2001 is the amount determined under the 2001 Proposed Regulations. This amendment shall continue in effect until the last calendar year beginning before the effective date of the final regulations under Code section 401(a)(9) or
such other date as may be published by the Internal Revenue Service. 
  

	11.7 	Incidental Benefit Rule 

 The Participant’s payment
election must be consistent with the requirement that, if the Participant’s spouse is not his or her sole primary Beneficiary, the minimum annual distribution for each calendar year, beginning with the calendar year preceding the calendar year
that includes the Participant’s Required Beginning Date, shall not be less than the quotient obtained by dividing (a) the Participant’s vested Account balance as of the last Valuation Date of the preceding year by (b) the
applicable divisor as determined under the tables published from time to time by the Internal Revenue Service. 
  

	11.8 	Payment to Beneficiary 

 Payment to a Beneficiary must be
completed by the end of the calendar year that contains the fifth anniversary of the Participant’s death, except that: 
  

	 	(a)	If the Participant designated one or more individual Beneficiaries, then Minimum Distributions may be made in installments beginning by December 31 of the calendar year
following the death of Participant. The Minimum Distribution Amount for each Distribution Year following the death of the Participant shall be made by dividing the Participant’s Vested Account Balance as of the last Valuation Date of the
preceding year by the applicable divisor as determined under tables published from time to time by the Internal Revenue Service; 

  

	 	 (b)
	 If the surviving spouse is the Beneficiary, payments need not begin until the later of (i) the end of the calendar
year that includes the first anniversary of the Participant’s death, or (ii) the end of the calendar year in which the Participant would have attained age 70 1/2
 and must be completed within the spouse’s life or life expectancy; and 

  

	 	(c)	If the Participant and the surviving spouse who is the Beneficiary die (i) before the Participant’s Required Beginning Date and (ii) before payments have begun to the
spouse, the spouse shall be treated as the Participant in applying these rules. 

  

 -37- 

	11.9 	Beneficiary Designation 

 Each Participant may complete a
beneficiary designation form indicating the Beneficiary who is to receive the Participant’s remaining Plan interest at the time of his or her death and such designation may be changed at any time. However, a Participant’s spouse shall be
the sole primary Beneficiary unless the designation includes Spousal Consent for another Beneficiary. If no proper designation is in effect at the time of a Participant’s death or if the Beneficiary does not survive the Participant, the
Beneficiary shall be, in the order listed, the: 
  

	 	(a)	Participant’s surviving spouse, 

  

	 	(b)	Participant’s children, in equal shares, (or if a child does not survive the Participant, and that child leaves issue, the issue shall be entitled to that child’s share,
by right of representation) or 

  

	 	(c)	Participant’s estate. 

  

 -38- 

	12	ADP AND ACP TESTS 

  

	12.1 	Contribution Limitation Definitions 

 The following
definitions are applicable to this Section 12 (where a definition is contained in both Sections 1 and 12, for purposes of Section 12 the Section 12 definition shall be controlling): 
  

	 	(a)	“ACP” or “Average Contribution Percentage”. The Average Percentage calculated using Contributions allocated to Participants as of a date within the Plan Year.

  

	 	(b)	“ACP Test”. The determination of whether the ACP is in compliance with the Basic or Alternative Limitation for a Plan Year (as defined in Section 12.2).

  

	 	(c)	“ADP” or “Average Deferral Percentage”. The Average Percentage calculated using Deferrals allocated to Participants as of a date within the Plan Year.

  

	 	(c)	“ADP Test”. The determination of whether the ADP is in compliance with the Basic or Alternative Limitation for a Plan Year (as defined in Section 12.2).

  

	 	(d)	“Average Percentage”. The average of the calculated percentages for Participants within the specified group. The calculated percentage refers to either the
“Deferrals” or “Contributions” (as defined in this Section) made on each Participant’s behalf for the Plan Year, divided by his or her Compensation. (Pre-Tax Contributions to the Plan or comparable contributions to plans of
Related Companies which must be refunded solely because they exceed the Contribution Dollar Limit are included in the percentage for the HCE Group but not for the NHCE Group.) 

  

	 	(e)	“Contributions” shall include Matching and may include Pre-Tax, but with regard to Pre-Tax, only to the extent that (1) the Administrator elects to use them,
(2) they are not used or counted in the ADP Test and (3) they otherwise satisfy the requirements as prescribed under Code section 401(m) permitting treatment as Contributions for purposes of the ACP Test. 

  

	 	(f)	“Current Year Testing Method”. The use of the Plan Year’s ADP for the Plan Year’s NHCE Group for purposes of performing the Plan Year’s ADP Test and/or the
use of the Plan Year’s ACP for the Plan Year’s NHCE Group for purposes of performing the Plan Year’s ACP Test. 

  

 -39- 

	 	(g)	“Deferrals” shall include Pre-Tax Contributions. 

  

	 	(h)	“HCE” or “Highly Compensated Employee”. For Plan Years commencing after December 31, 1996, with respect to all Related Companies, an Employee who (in
accordance with Code section 414(q)): 

  

	 	(1)	Was a more than 5% Owner (within the meaning of Code section 414(q)(2)) at any time during the Plan Year or the preceding Plan Year; or 

  

	 	(2)	Received Compensation during the preceding Plan Year in excess of $80,000 (as adjusted for such Year pursuant to Code sections 414(q)(1) and 415(d)) or, if the Company elects for
such preceding Plan Year, “in excess of $80,000 (as adjusted for such Year pursuant to Code sections 414(q)(1) and 415(d)) and was a member of the “top-paid group” (within the meaning of Code section 414(q)(3)) for such preceding Plan
Year” shall be substituted for the preceding reference to “in excess of $80,000 (as adjusted for such Year pursuant to Code sections 414(q)(1) and 415(d))”. The $80,000 amount referred to above shall be $90,000 for Plan Years
beginning in 2002 (subject to adjustment as provided above). 

 A former Employee shall be treated as an HCE if (1) such
former Employee was an HCE when he or she separated from service, or (2) such former Employee was an HCE in service at any time after attaining age 55. 
 The determination of who is an HCE and the determination of the number and identity of Employees in the top-paid group shall be made in accordance with Code section 414(q). 
  

	 	(i)	 “HCE Group” and “NHCE Group”. With respect to all Related Companies, the respective group of HCEs and NHCEs who are eligible to have amounts
contributed on their behalf for the respective Plan Year, including Employees who would be eligible but for their election not to participate or to contribute, or because their Pay is greater than zero but does not exceed a stated minimum. For Plan
Years commencing after December 31, 1998, with respect to all Related Companies, if the Plan permits participation prior to an Eligible Employee’s satisfaction of the minimum age and service requirements of Code section 410(a)(1)(A),
Eligible Employees who have not met the minimum age and service requirements 

  

 -40- 

	 	 
of Code section 410(a)(1)(A) may be excluded in the determination of the NHCE Group, but not in the determination of the HCE Group, for purposes of
(i) the ADP Test, if Code section 410(b)(4)(B) is applied in determining whether the 401(k) portion of the Plan meets the requirements of Code section 410(b), or (ii) the ACP Test, if Code section 410(b)(4)(B) is applied in determining
whether the 401(m) portion of the Plan meets the requirements of Code section 410(b). 

  

	 	(3)	If the Related Companies maintain two or more plans which are subject to the ADP or ACP Test and are considered as one plan for purposes of Code sections 401(a)(4) or 410(b), all
such plans shall be aggregated and treated as one plan for purposes of meeting the ADP and ACP Tests, provided that the plans may only be aggregated if they have the same plan year. 

  

	 	(4)	If an HCE is covered by more than one cash or deferred arrangement, or more than one arrangement permitting employee or matching contributions, maintained by the Related Companies,
all such plans shall be aggregated and treated as one plan (other than those plans that may not be permissively aggregated) for purposes of calculating the separate percentage for the HCE which is used in the determination of the Average Percentage.
For purposes of the preceding sentence, if such plans have different plan years, the plans are aggregated with respect to the plan years ending with or within the same calendar year. 

  

	 	(j)	“Multiple Use Test”. The test described in Section 12.4 which a Plan must meet where the Alternative Limitation (described in Section 12.2) is used to meet both
the ADP and ACP Tests. The Multiple Use Test shall not apply for Plan Years after December 31, 2001. 

  

	 	(k)	“NHCE” or “Non-Highly Compensated Employee”. An Employee who is not an HCE. 

  

	 	(l)	“Prior Year Testing Method”. The use of the preceding Plan Year’s ADP for the preceding Plan Year’s NHCE Group for purposes of performing the Plan Year’s
ADP Test and/or the use of the preceding Plan Year’s ACP for the preceding Plan Year’s NHCE Group for purposes of performing the Plan Year’s ACP Test. 

  

 -41- 

	12.2 	ADP and ACP Tests 

 For Plan Years commencing before
January 1, 1997, for each Plan Year, the Current Year Testing Method shall be used and the ADP and ACP for the HCE Group must meet either the Basic or Alternative Limitation when compared to the respective ADP and ACP for the NHCE Group,
defined below: 
 For Plan Years commencing after December 31, 1996, for each Plan Year, the Prior Year Testing Method shall be used and
the ADP and ACP for the HCE Group must meet either the Basic or Alternative Limitation when compared to the respective preceding Plan Year’s ADP and ACP for the preceding Plan Year’s NHCE Group, defined as follows: 
  

	 	(a)	Basic Limitation. The HCE Group Average Percentage may not exceed 1.25 times the NHCE Group Average Percentage. 

  

	 	(b)	Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: 

  

			
	 If the NHCE Group
 Average Percentage is:
	  	 Then the Maximum HCE
 Group Average Percentage is:

	 Less than 2%
 2% to 8%
 More than 8%
	  	 2 times NHCE Group Average %
 NHCE Group Average % plus 2%
 NA - Basic Limitation applies

 Alternatively, the Company may elect to use the Current Year Testing Method and the ADP and/or ACP
for the HCE Group must meet either the Basic or Alternative Limitation as defined above when compared to the respective Plan Year’s ADP and/or ACP for the Plan Year’s NHCE Group. If a Current Year Testing Method election is made, such
election may not be changed except as provided by the Code. 
 In the case of the first Plan Year in which the Plan is subject to the
requirements of Code section 401(k), the amount taken into account as the “preceding Plan Year’s ADP for the preceding Plan Year’s NHCE Group”, shall be (i) 3%, or (ii) if the Company elects, the Plan Year’s ADP.
The preceding sentence shall not apply with regard to a Plan that is a successor plan or, if for such first Plan Year, the Plan is aggregated with another plan that was subject to the requirements of Code section 401(k) in the preceding year and
treated as one plan for purposes of meeting the ADP Test. 
  

 -42- 

	12.3 	Correction of ADP and ACP Tests 

 For Plan Years commencing
after December 31, 1996, for each Plan Year, if the ADP or ACP Tests are not met, the Administrator shall determine, no later than the end of the next Plan Year, a maximum percentage to be used in place of the calculated percentage for all HCEs
that would reduce the ADP and/or ACP for the HCE Group by a sufficient amount to meet the ADP and ACP Tests. 
 With regard to each HCE whose
Deferral percentage and/or Contribution percentage is in excess of the maximum percentage, a dollar amount of excess Deferrals and/or excess Contributions shall then be determined by (i) subtracting the product of such maximum percentage for
the ADP and the HCE’s Compensation from the HCE’s actual Deferrals and (ii) subtracting the product of such maximum percentage for the ACP and the HCE’s Compensation from the HCE’s actual Contributions. Such amounts shall
then be aggregated to determine the total dollar amount of excess Deferrals and/or excess Contributions. ADP and/or ACP corrections shall be made in accordance with the leveling method as described below. 
  

	 	(a)	ADP Correction. The HCE with the highest Deferral dollar amount shall have his or her Deferral dollar amount reduced in an amount equal to the lesser of the dollar amount of excess
Deferrals for all HCEs or the dollar amount that would cause his or her Deferral dollar amount to equal that of the HCE with the next highest Deferral dollar amount. The process shall be repeated until the total of the Deferral dollar amount
reductions equals the dollar amount of excess Deferrals for all HCEs. 

 To the extent an HCE’s Deferrals were determined
to be reduced as described in the paragraph above, Pre-Tax Contributions shall, by the end of the next Plan Year, be refunded to the HCE, except that such amount to be refunded shall be reduced by Pre-Tax Contributions previously refunded because
they exceeded the Contribution Dollar Limit. The excess amounts shall first be taken from unmatched Pre-Tax Contributions and then from matched Pre-Tax Contributions. Any Matching Contributions attributable to refunded excess Pre-Tax Contributions
as described in this Section, adjusted for investment gain or loss for the Plan Year to which the excess Pre-Tax Contributions relate, shall be forfeited and used to reduce future Contributions to be made by an Employer as soon as administratively
feasible. 
  

	 	(b)	 ACP Correction. The HCE with the highest Contribution dollar amount shall have his or her Contribution dollar amount reduced in an amount equal to the lesser of the
dollar amount of excess Contributions for all 

  

 -43- 

	 	 
HCEs or the dollar amount that would cause his or her Contribution dollar amount to equal that of the HCE with the next highest Contribution dollar amount.
The process shall be repeated until the total of the Contribution dollar amount reductions equals the dollar amount of excess Contributions for all HCEs. 

 To the extent an HCE’s Contributions were determined to be reduced as described in the paragraph above, Matching Contributions shall, by the end of the next Plan Year, be refunded to the HCE. 
  

	 	(c)	Investment Fund Sources. Once the amount of excess Deferrals and/or Contributions is determined, and with regard to excess Contributions, allocated by type of Contribution, within
each Account from which amounts are refunded amounts shall be taken from the Investment Fund in direct proportion to the market value of the Participant’s interest in each Investment Fund (which excludes his or her Loan Account balance) as of
the Valuation Date on which the correction is processed. 

  

	12.4 	Multiple Use Test 

 If the Alternative Limitation (defined
in Section 12.2) is used to meet both the ADP and ACP Tests, the ADP and ACP for the HCE Group must also comply with the requirements of Code section 401(m)(9). Such Code section requires that the sum of the ADP and ACP for the HCE Group (as
determined after any corrections needed to meet the ADP and ACP Tests have been made) not exceed the sum (which produces the most favorable result) of: 
  

	 	(a)	the Basic Limitation (defined in Section 12.2) applied to either the ADP or ACP for the NHCE Group, and 

  

	 	(b)	the Alternative Limitation applied to the other NHCE Group percentage. 

 The multiple-use test described in this Section 12, and in Section 1.401(m)-2 of the Treasury Regulation, shall not apply for plan years beginning after December 31, 2001. 
  

	12.5 	Correction of Multiple Use Test 

 If the multiple use limit
is exceeded, the Administrator shall determine a maximum percentage to be used in place of the calculated percentage for all HCEs that would reduce either or both the ADP or ACP for the HCE Group by a sufficient amount to meet the multiple use
limit. Any excess shall be corrected in the same manner that excess Deferrals or Contributions are corrected. 
  

 -44- 

	12.6 	Adjustment for Investment Gain or Loss 

 Any excess
Deferrals or Contributions to be refunded to a Participant in accordance with this Section 12 shall be adjusted for investment gain or loss. Refunds shall not include investment gain or loss for the period between the end of the applicable Plan
Year and the date of distribution. 
  

	12.7 	Testing Responsibilities and Required Records 

 The
Administrator shall be responsible for ensuring that the Plan meets the ADP Test, and if applicable, the ACP Test and the Multiple Use Test, and that the Contribution Dollar Limit is not exceeded. The Administrator shall maintain records which are
sufficient to demonstrate that the ADP Test, and if applicable, the ACP Test and the Multiple Use Test, have been met for each Plan Year for at least as long as the Employer’s corresponding tax year is open to audit. 
  

	12.8 	Separate Testing 

  

	 	(a)	Multiple Employers: The determination of HCEs, NHCEs, and the performance of the ADP Test, and if applicable, the ACP Test and the Multiple Use Test, and any corrective action
resulting therefrom, shall be conducted separately with regard to the Employees of each Employer (and its Related Companies) that is not a Related Company with respect to the other Employer(s). 

  

	 	(b)	Collective Bargaining Units: The performance of the ADP Test, and if applicable, the ACP Test and the Multiple Use Test, and any corrective action resulting therefrom, shall be
conducted separately with regard to Employees who are eligible to participate in the Plan as a result of a collective bargaining agreement. 

 In addition, testing may be conducted separately, at the discretion of the Administrator and to the extent permitted under Treasury regulations, with regard to any group of Employees for whom separate testing is
permissible under such regulations. 
  

 -45- 

	13	MAXIMUM CONTRIBUTION AND BENEFIT LIMITATIONS 

  

	13.1 	“Annual Addition” Defined 

 The sum for a Plan
Year of all (i) contributions (excluding rollover contributions) and forfeitures allocated to the Participant’s Account and his or her account in all other defined contribution plans maintained by any Related Company, (ii) amounts
allocated to the Participant’s individual medical account (within the meaning of Code section 415(l)(2)) which is part of a defined benefit plan maintained by any Related Company, and (iii) if the Participant is a key employee (within the
meaning of Code section 419A(d)(3)) for the applicable or any prior Plan Year, amounts attributable to post-retirement medical benefits allocated to his or her separate account under a welfare benefit fund (within the meaning of Code section 419(e))
maintained by any Related Company. The Plan Year refers to the year to which the allocation pertains, regardless of when it was allocated. The Plan Year shall be the Code section 415 limitation year. 
  

	13.2 	Maximum Annual Addition 

 A Participant’s Annual
Addition for any Plan Year shall not exceed the lesser of (i) 25% of his or her Compensation or (ii) $30,000 (as adjusted for cost of living increases pursuant to Code section 415(d)); provided, however, that clause (i) shall not
apply to Annual Additions described in clauses (ii) and (iii) of Section 13.1. 
 Effective for limitation years beginning
after December 31, 2001, the maximum annual addition that may be contributed or allocated to a Participant’s account under the Plan for any limitation year shall not exceed the catch-up contributions permitted under Section 3.7 of the
Plan and Code section 414(v), and the lesser of the following amounts: 
  

	 	(a)	$40,000, as adjusted for cost of living increases under Code section 415(d), or 

  

	 	(b)	100% of the Participant’s compensation, as defined under Code section 415(c)(3) for the limitation year. The compensation limit shall not apply to any contribution for medical
benefits after separation from service (within the meaning of Code section 401(h) or Code section 419A(f)(2)) that is otherwise treated as an annual addition. 

  

	13.3 	Avoiding an Excess Annual Addition 

 If, at any time during
a Plan Year, the allocation of any additional Contributions would produce an excess Annual Addition for such year, Contributions to be made for the remainder of the Plan Year shall be limited to the amount needed for each affected Participant to
receive the maximum Annual Addition. 
  

 -46- 

	13.4 	Correcting an Excess Annual Addition 

 Upon the discovery
of an excess Annual Addition to a Participant’s Account (resulting from a reasonable error in determining a Participant’s compensation or the maximum permissible amount of his or her elective deferrals (within the meaning of Code section
402(g)(3)), or other facts and circumstances acceptable to the Internal Revenue Service), the excess amount (adjusted to reflect investment gains) shall first be returned to the Participant to the extent of his or her Pre-Tax Contributions (however
to the extent Pre-Tax Contributions were matched, the applicable Matching Contributions shall be forfeited in proportion to the returned matched Pre-Tax Contributions) and the remaining excess, if any, shall be forfeited by the Participant and used
to reduce future Contributions to be made by an Employer as soon as administratively feasible. 
  

	13.5 	Correcting a Multiple Plan Excess 

 If a Participant, whose
Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to the Plan only after all possible reductions have been made to the
other defined contribution plans. 
  

	13.6 	“Defined Benefit Fraction” Defined 

 The
fraction, for any Plan Year, where the numerator is the “projected annual benefit” and the denominator is the greater of 125% of the “protected current accrued benefit” or the normal limit which is the lesser of (i) 125% of
the dollar limitation in effect under Code section 415(b)(1)(A) for the Plan Year or (ii) 140% of the amount which may be taken into account under Code section 415(b)(1)(B) for the Plan Year, where a Participant’s: 
  

	 	(a)	“projected annual benefit” is the annual benefit provided by the plan determined pursuant to Code section 415(e)(2)(A), and 

  

	 	(b)	“protected current accrued benefit” in a defined benefit plan in existence (1) on July 1, 1982, shall be the accrued annual benefit provided for under Public Law
97-248, section 235(g)(4), as amended, or (2) on May 6, 1986, shall be the accrued annual benefit provided for under Public Law 99-514, section 1106(i)(3). 

  

 -47- 

	13.7 	“Defined Contribution Fraction” Defined 

 The
fraction where the numerator is the sum of the Participant’s Annual Addition for each Plan Year to date and the denominator is the sum of the “annual amounts” for each year in which the Participant has performed service with a Related
Company. The “annual amount” for any Plan Year is the lesser of (i) 125% of the dollar limitation in effect under Code section 415(c)(1)(A) (determined without regard to subsection (c)(6)) for the Plan Year or (ii) 140% of the
amount which may be taken into account under Code section 415(c)(1)(B) for the Plan Year, where: 
  

	 	(a)	each Annual Addition is determined pursuant to the Code section 415(c) rules in effect for such Plan Year, and 

  

	 	(b)	the numerator is adjusted pursuant to Public Law 97-248, section 235(g)(3), as amended, or Public Law 99-514, section 1106(i)(4). 

  

	13.8 	Combined Plan Limits and Correction 

 The sum of a
Participant’s Defined Benefit Fraction and Defined Contribution Fraction for any Plan Year may not exceed 1.0. If the combined fraction exceeds 1.0 for any Plan Year, the Participant’s benefit under any defined benefit plan (to the extent
it has not been distributed or used to purchase an annuity contract) shall be limited so that the combined fraction does not exceed 1.0 before any defined contribution limits shall be enforced. 
 For Plan Years commencing after December 31, 1999, the provisions of the preceding paragraph shall no longer apply. 
  

	13.9 	Affiliated Companies 

 If the contribution limit for a
Participant exceeds the maximum permissible contribution limits under the Code as a result of the Participant’s participation in more than one qualified plan of the Employer, then the contributions to the account of the Participant shall first
be reduced to the extent necessary from the qualified plan, or plans of the affiliated company of the most recent employment of the Participant. 
  

 -48- 

	14	TOP HEAVY RULES 

  

	14.1 	Top Heavy Definitions 

 When capitalized, the following
words and phrases have the following meanings when used in this Section: 
  

	 	(a)	“Aggregation Group”. The group consisting of each qualified plan of the Related Companies (1) in which a Key Employee is a participant or was a participant during the
determination period (regardless of whether such plan has terminated), or (2) which enables another plan in the group to meet the requirements of Code sections 401(a)(4) or 410(b). The Administrator may also treat any other qualified plan of
the Related Companies as part of the group if the resulting group would continue to meet the requirements of Code sections 401(a)(4) and 410(b) with such plan being taken into account. 

  

	 	(b)	“Determination Date”. For any Plan Year, the last Valuation Date of the preceding Plan Year or, in the case of the Plan’s first Plan Year, the last Valuation Date of
that Plan Year. 

  

	 	(c)	“Key Employee”. A current or former Employee (or his or her Beneficiary) who at any time during the five year period ending on the Determination Date was:

  

	 	(i)	an officer of a Related Company whose Compensation (i) exceeds 50% of the amount in effect under Code section 415(b)(1)(A) and (ii) places him or her within the following
highest paid group of officers: 

  

			
	 Number of Employees
 Not Excluded Under Code
 Section
414(q)5
	  	 Number of
 Highest Paid
 Officers Included

	Less than 30	  	3
	30 to 500	  	 10% of the number of
 Employees not excluded
 under Code section
 414(q)(5)

		
	More than 500	  	50

  

	 	(ii)	a more than 5% owner 

  

	 	(iii)	a more than 1% Owner whose Compensation exceeds $150,000, or 

  

 -49- 

	 	(iv)	a more than 0.5% Owner who is among the 10 Employees owning the largest interest in a Related Company and whose Compensation exceeds the amount in effect under Code section
415(c)(1)(A). 

 For Plan Years beginning after December 31, 2001, a “Key Employee” means any employee or former
employee (including deceased employee) who at any time during the Plan Year that includes the Determination Date was an officer of the Employer having annual compensation greater than $130,000 (as adjusted under Code section 416(i)(1) for Plan Years
beginning after December 31, 2002), a 5% owner of the Employer, or a 1% owner of the Employer having annual compensation of more than $150,000. Annual compensation for such purposes means compensation within the meaning of Code section
415(c)(3). The determination of who is a key employee will be made in accordance with Code section 416(i)(1) and the applicable regulations and other guidance of general applicability issued thereunder. 
  

	 	(d)	“Plan Benefit”. The sum as of the Determination Date of (1) an Employee’s Account, (2) the present value of his or her other accrued benefits provided by
all qualified plans within the Aggregation Group, and (3) the aggregate distributions made within the five year period ending on such Date. For this purpose, the present value of the Employee’s accrued benefit in a defined benefit plan
shall be determined by the method that is used for benefit accrual purposes under all such plans maintained by the Related Companies or, if there is no such single method used under all such plans, as if the benefit accrues no more rapidly than the
slowest rate permitted by the fractional accrual rule in Code section 411(b)(1)(C). Plan Benefits shall exclude rollover contributions and similar transfers made after December 31, 1983 as provided in Code section 416(g)(4)(A).

 For Plan Years beginning after December 31, 2001, the present value of accrued benefits and the amounts of account
balances of an Employee as of the Determination Date shall be increased by the distributions made with respect to the Employee under the Plan and any Plan aggregated with the Plan under Code section 416(g)(2) during the 1-year period ending on the
Determination Date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan under Code section 416(g)(2)(A)(i). In the case of a distribution made
for reason other than separation from service, death or disability, this provision 

  

 -50- 

 
shall be applied by substituting “5-year period” for “1-year period.” The accrued benefits and accounts of any individual who has not
performed services for the Employer during the 1-year period ending on the Determination Date shall not be taken into account. 
  

	 	(e)	“Top Heavy”. The Plan’s status when the Plan Benefits of Key Employees account for more than 60% of the Plan Benefits of all Employees who have performed services at
any time during the five year period ending on the Determination Date. The Plan Benefits of Employees who were, but are no longer, Key Employees (because they have not been an officer or Owner during the five year period), are excluded in the
determination. 

  

	14.2 	Special Contributions 

  

	 	(a)	Minimum Contribution Requirement. For each Plan Year in which the Plan is Top Heavy, the Employer shall not allow any contributions (other than a Rollover Contribution from a plan
maintained by a non Related Company) to be made by or on behalf of any Key Employee unless the Employer makes a contribution (other than contributions made by an Employer in accordance with a Participant’s salary deferral election or
contributions made by an Employer based upon the amount contributed by a Participant) on behalf of all Participants who were Eligible Employees as of the last day of the Plan Year in an amount equal to at least 3% of each such Participant’s
Compensation. 

  

	 	(b)	Overriding Minimum Benefit. Notwithstanding, contributions shall be permitted on behalf of Key Employees if the Employer also maintains a defined benefit plan which automatically
provides a benefit which satisfies the Code section 416(c)(1) minimum benefit requirements, including the adjustment provided in Code section 416(h)(2)(A), if applicable. If the Plan is part of an Aggregation Group under which a Key Employee is
receiving a benefit and no minimum contribution is provided under any other plan, a minimum contribution of at least 3% of Compensation shall be provided to the Participants specified in the preceding paragraph. In addition, the Employer may offset
a defined benefit minimum by contributions (other than contributions made by an Employer in accordance with a Participant’s salary deferral election or contributions made by an Employer based upon the amount contributed by a Participant) made
to the Plan. 

  

	 	(c)	 Matching Contributions. Effective for Plan Years beginning after December 31, 2001, Employer matching contributions shall be taken into account for purposes of
satisfying the minimum contribution requirements 

  

 -51- 

	 	 
of Code section 416(c)(2) and the Plan. The preceding sentence shall apply with respect to matching contributions under the Plan or, if the Committee
provides that the minimum contribution requirement will be met in another plan, such other Plan. Employer matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes
of the actual contribution percentage test and the other requirements of Code section 401(m). 

  

	14.3 	Adjustment to Combined Limits for Different Plans 

 For
each Plan Year in which the Plan is Top Heavy, 100% shall be substituted for 125% in determining the Defined Benefit Fraction and the Defined Contribution Fraction. For Plan Years commencing after December 31, 1999, the provisions of the
preceding sentence shall no longer be effective. 
  

	14.4 	Modification of Top Heavy Rules 

 The top-heavy
requirements of Code section 416 and of Section 14 of this Plan shall not apply in any year beginning after December 31, 2001 in which Plan consists solely of a cash or deferred arrangement that meets the requirements of Code section
401(k)(12) and matching contributions with respect to which the requirements of Code section 401(m)(11) are met. 
  

 -52- 

	15	PLAN ADMINISTRATION 

  

	15.1 	Plan Delineates Authority and Responsibility 

 Plan
fiduciaries include the Company, the Administrator, the Committee and/or the Trustee, as applicable, whose specific duties are delineated in the Plan and Trust. In addition, Plan fiduciaries also include any other person to whom fiduciary duties or
responsibilities are delegated with respect to the Plan. Any person or group may serve in more than one fiduciary capacity with respect to the Plan. To the extent permitted under ERISA section 405, no fiduciary shall be liable for a breach by
another fiduciary. 
  

	15.2 	Fiduciary Standards 

 Each fiduciary shall: 
  

	 	(a)	discharge his or her duties in accordance with the Plan and Trust to the extent they are consistent with ERISA; 

  

	 	(b)	use that degree of care, skill, prudence and diligence that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a
like character and with like aims; 

  

	 	(c)	act with the exclusive purpose of providing benefits to Participants and their Beneficiaries, and defraying reasonable expenses of administering the Plan; 

 

	 	(d)	diversify Plan investments, to the extent such fiduciary is responsible for directing the investment of Plan assets, so as to minimize the risk of large losses, unless under the
circumstances it is clearly prudent not to do so; and 

  

	 	(e)	treat similarly situated Participants and Beneficiaries in a uniform and nondiscriminatory manner. 

  

	15.3 	Company is ERISA Plan Administrator 

 The Company is the
administrator of the Plan (within the meaning of ERISA section 3(16)) and is responsible for compliance with all reporting and disclosure requirements, except those that are explicitly the responsibility of the Trustee under applicable law. The
Administrator and/or Committee shall have any necessary authority to carry out such functions through the actions of the Administrator, duly appointed officers of the Company and/or the Committee. 
  

 -53- 

	15.4 	Administrator Duties 

 The Administrator or the Committee
shall have the discretionary authority to construe the Plan and Trust, other than the provisions which relate to the Trustee, and to do all things necessary or convenient to effect the intent and purposes thereof, whether or not such powers are
specifically set forth in the Plan and Trust. Actions taken in good faith by the Administrator or the Committee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law. In addition
to the duties listed elsewhere in the Plan and Trust, the Administrator’s and Committee’s authority shall include, but not be limited to, the discretionary authority to: 
  

	 	(a)	determine who is eligible to participate, if a contribution qualifies as a rollover contribution, the allocation of Contributions, and the eligibility for loans, in-service
withdrawals and distributions; 

  

	 	(b)	provide each Participant with a summary plan description no later than 90 days after he or she has become a Participant (or such other period permitted under ERISA section
104(b)(1)), as well as informing each Participant of any material modification to the Plan in a timely manner; 

  

	 	(c)	make a copy of the following documents available to Participants during normal work hours: the Plan and Trust (including subsequent amendments), all annual and interim reports of
the Trustee related to the entire Plan, the latest annual report and the summary plan description; 

  

	 	(d)	determine the fact of a Participant’s death and of any Beneficiary’s right to receive the deceased Participant’s interest based upon such proof and evidence as it
deems necessary; 

  

	 	(e)	establish and review at least annually a funding policy bearing in mind both the short-run and long-run needs and goals of the Plan and to the extent Participants may direct their
own investments, the funding policy shall focus on which Investment Funds are available for Participants to use; and 

  

	 	(f)	adjudicate claims pursuant to the claims procedure described in Section 18. 

  

	15.5 	Advisors May be Retained 

 The Administrator and Committee
may retain such agents and advisors (including attorneys, accountants, actuaries, consultants, record keepers, investment counsel and administrative assistants) as they consider necessary to assist it in the performance of its duties. The
Administrator shall also comply with the bonding requirements of ERISA section 412. 
  

 -54- 

	15.6 	Delegation of Administrator Duties 

 The Company, as
Administrator of the Plan, has appointed a Committee to administer the Plan on its behalf. The Company shall provide the Trustee with the names and specimen signatures of any persons authorized to serve as Committee members and act as or on its
behalf. Any Committee member appointed by the Company shall serve at the pleasure of the Company, but may resign by written notice to the Company. Committee members shall serve without compensation from the Plan for such services. Except to the
extent that the Company otherwise provides, any delegation of duties to the Committee shall carry with it the full discretionary authority of the Administrator to complete such duties. 
  

 -55- 

	15.7 	Committee Operating Rules 

  

	 	(a)	Actions of Majority. Any act delegated by the Company to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing
without a meeting, and a majority action shall be equivalent to an action of all Committee members. 

  

	 	(b)	Meetings. The Committee shall hold meetings upon such notice, place and times as it determines necessary to conduct its functions properly. 

  

	 	(c)	Reliance by Trustee. The Committee may authorize one or more of its members to execute documents on its behalf and may authorize one or more of its members or other individuals who
are not members to give written direction to the Trustee in the performance of its duties. The Committee shall provide such authorization in writing to the Trustee with the name and specimen signatures of any person authorized to act on its behalf.
The Trustee shall accept such direction and rely upon it until notified in writing that the Committee has revoked the authorization to give such direction. The Trustee shall not be deemed to be on notice of any change in the membership of the
Committee, parties authorized to direct the Trustee in the performance of its duties, or the duties delegated to and by the Committee until notified in writing. 

  

 -56- 

	16	MANAGEMENT OF INVESTMENTS 

  

	16.1 	Trust Agreement 

 All Plan assets shall be held by the
Trustee in trust, in accordance with those provisions of the Plan and Trust which relate to the Trustee, for use in providing Plan benefits and paying Plan fees and expenses not paid directly by the Employer. Plan benefits shall be drawn solely from
the Trust and paid by the Trustee as directed by the Administrator. Notwithstanding, the Company may appoint, with the approval of the Trustee, another trustee to hold and administer Plan assets which do not meet the requirements of
Section 16.2. 
  

	16.2 	Investment Funds 

 The Administrator is hereby granted
authority to direct the Trustee to invest Trust assets in one or more Investment Funds. The number and composition of Investment Funds may be changed from time to time, without the necessity of amending the Plan and Trust. The Trustee may establish
reasonable limits on the number of Investment Funds as well as the acceptable assets for any such Investment Fund. Each of the Investment Funds may be comprised of any of the following: 
  

	 	(a)	shares of a registered investment company, whether or not the Trustee or any of its affiliates is an advisor to, or other service provider to, such company;

  

	 	(b)	collective investment funds maintained by the Trustee, or any other fiduciary to the Plan, which are available for investment by trusts which are qualified under Code sections
401(a) and 501(a); 

  

	 	(c)	individual equity and fixed income securities which are readily tradable on the open market; 

  

	 	(d)	synthetic guaranteed investment contracts and guaranteed investment contracts issued by an insurance company and/or synthetic guaranteed investment contracts and bank investment
contracts issued by a bank; and 

  

	 	(e)	interest bearing deposits (which may include interest bearing deposits of the Trustee). 

 Any Investment Fund assets invested in a collective investment fund, shall be subject to all the provisions of the instruments establishing and governing such fund. These instruments, including any subsequent
amendments, are incorporated herein by reference. 
  

 -57- 

	16.3 	Authority to Hold Cash 

 The Trustee shall have the
authority to cause the investment manager of each Investment Fund to maintain sufficient deposit or money market type assets in each Investment Fund to handle the Investment Fund’s liquidity and disbursement needs. 
  

	16.4 	Trustee to Act Upon Instructions 

 The Trustee shall carry
out instructions to invest assets in the Investment Funds as soon as practicable after such instructions are received from the Administrator, Participants or Beneficiaries. Such instructions shall remain in effect until changed by the Administrator,
Participants or Beneficiaries. 
  

	16.5 	Administrator Has Right to Vote Registered Investment Company Shares 

 The Administrator shall be entitled to vote proxies or exercise any shareholder rights relating to shares held on behalf of the Plan in a registered investment company. Notwithstanding, the authority to vote proxies
and exercise shareholder rights related to such shares held in a Custom Fund is vested as provided otherwise in Section 16. 
  

	16.6 	Custom Fund Investment Management 

 The Administrator may
designate, with the consent of the Trustee, an investment manager for any Investment Fund established by the Trustee solely for Participants of the Plan and, subject to Section 16.7, any other qualified plan of the Company or a Related Company
(a “Custom Fund”). The investment manager may be the Administrator, Trustee or an investment manager pursuant to ERISA section 3(38). The Administrator shall advise the Trustee in writing of the appointment of an investment manager and
shall cause the investment manager to acknowledge to the Trustee in writing that the investment manager is a fiduciary to the Plan. 
 A
Custom Fund shall be subject to the following: 
  

	 	(a)	Guidelines. Written guidelines, acceptable to the Trustee, shall be established for a Custom Fund. If a Custom Fund consists solely of collective investment funds or shares of a
registered investment company (and sufficient deposit or money market type assets to handle the Custom Fund’s liquidity and disbursement needs), its underlying instruments shall constitute the guidelines. 

  

 -58- 

	 	(b)	Authority of Investment Manager. The investment manager of a Custom Fund shall have the authority to vote or execute proxies, exercise shareholder rights, manage, acquire, and
dispose of Trust assets. 

  

	 	(c)	Custody and Trade Settlement. Unless otherwise agreed to by the Trustee, the Trustee shall maintain custody of all Custom Fund assets and be responsible for the settlement of all
Custom Fund trades. For purposes of this Section, shares of a collective investment fund, shares of a registered investment company and synthetic guaranteed investment contracts and guaranteed investment contracts issued by an insurance company
and/or synthetic guaranteed investment contracts and bank investment contracts issued by a bank, shall be regarded as the Custom Fund assets instead of the underlying assets of such instruments. 

  

	 	(d)	Limited Liability of Co-Fiduciaries. Neither the Administrator nor the Trustee shall be obligated to invest or otherwise manage any Custom Fund assets for which the Trustee or
Administrator is not the investment manager nor shall the Administrator or Trustee be liable for acts or omissions with regard to the investment of such assets except to the extent required by ERISA. 

  

	16.7 	Master Custom Fund 

 The Trustee may establish, at the
direction of the Administrator, a single Custom Fund (the “Master Custom Fund”), for the benefit of the Plan and any other qualified plan of the Company or a Related Company for which the Trustee acts as trustee pursuant to a plan and
trust document that contains a provision substantially identical to this provision. The assets of the Plan, to the extent invested in the Master Custom Fund, shall consist only of that percentage of the assets of the Master Custom Fund represented
by the shares held by the Plan. 
  

	16.8 	Authority to Segregate Assets 

 The Administrator may
direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Investment Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Administrator shall give instructions
to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value. 
  

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	17	TRUST ADMINISTRATION 

  

	17.1 	Trustee to Construe Trust 

 The Trustee shall have the
discretionary authority to construe those provisions of the Plan and Trust which relate to the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the Plan
and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law. 
  

	17.2 	Trustee To Act As Owner of Trust Assets 

 Subject to the
specific conditions and limitations set forth in the Plan and Trust, the Trustee shall have all the power, authority, rights and privileges of an absolute owner of the Trust assets and, not in limitation but in amplification of the foregoing, may:

  

	 	(a)	receive, hold, manage, invest and reinvest, sell, tender, exchange, dispose of, encumber, hypothecate, pledge, mortgage, lease, grant options respecting, repair, alter, insure, or
distribute any and all property in the Trust; 

  

	 	(b)	borrow money, participate in reorganizations, pay calls and assessments, vote or execute proxies, exercise subscription or conversion privileges, exercise options and register any
securities in the Trust in the name of the nominee, in federal book entry form or in any other form as shall permit title thereto to pass by delivery; 

  

	 	(c)	renew, extend the due date, compromise, arbitrate, adjust, settle, enforce or foreclose, by judicial proceedings or otherwise, or defend against the same, any obligations or claims
in favor of or against the Trust; and 

  

	 	(d)	lend, through a collective investment fund, any securities held in such collective investment fund to brokers, dealers or other borrowers and to permit such securities to be
transferred into the name and custody and be voted by the borrower or others. 

  

	17.3 	United States Indicia of Ownership 

 The Trustee shall not
maintain the indicia of ownership of any Trust assets outside the jurisdiction of the United States, except as authorized under ERISA section 404(b). 
  

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	17.4 	Tax Withholding and Payment 

  

	 	(a)	Withholding. The Trustee shall calculate and withhold federal (and, if applicable, state) income taxes as required by law if no election is made or the election is less than the
amount required by law. With regard to any taxable distribution that is not an Eligible Rollover Distribution, the Trustee shall calculate and withhold federal (and, if applicable, state) income taxes in accordance with the Participant’s
withholding election or as required by law if no election is made. 

  

	 	(b)	Taxes Due From Investment Funds. The Trustee shall pay from the Investment Fund any taxes or assessments imposed by any taxing or governmental authority on such Investment Fund or
its income, including related interest and penalties. 

  

	17.5 	Trust Accounting 

  

	 	(a)	Annual Report. Within 90 days (or other reasonable period) following the close of the Plan Year, the Trustee shall provide the Administrator with an annual accounting of Trust
assets and information to assist the Administrator in meeting ERISA’s annual reporting and audit requirements. 

  

	 	(b)	Periodic Reports. The Trustee shall maintain records and provide sufficient reporting to allow the Administrator to properly monitor the Trust’s assets and activity.

  

	 	(c)	Administrator Approval. Approval of any Trustee accounting shall automatically occur 90 days after such accounting has been received by the Administrator, unless the Administrator
files a written objection with the Trustee within such time period. Such approval shall be final as to all matters and transactions stated or shown therein and binding upon the Administrator. 

  

	17.6 	Valuation of Certain Assets 

 If the Trustee determines the
Trust holds any asset which is not readily tradable and listed on a national securities exchange registered under the Securities Exchange Act of 1934, as amended, the Trustee may engage a qualified independent appraiser to determine the fair market
value of such property, and the appraisal fees shall be paid from the Investment Fund containing the asset. 
  

 -61- 

	17.7 	Legal Counsel 

 The Trustee may consult with legal counsel
of its choice, including counsel for the Employer or counsel of the Trustee, upon any question or matter arising under the Plan and Trust. When relied upon by the Trustee, the opinion of such counsel shall be evidence that the Trustee has acted in
good faith. 
  

	17.8 	Fees and Expenses 

 The Trustee’s fees for its
services as Trustee shall be such as may be mutually agreed upon by the Company and the Trustee. Trustee fees and all reasonable expenses of counsel and advisors retained by the Trustee shall be paid in accordance with Section 6. 
  

	17.9 	Trustee Duties and Limitations 

 The Trustee’s duties,
unless otherwise agreed to by the Trustee, shall be confined to construing the terms of the Plan and Trust as they relate to the Trustee, receiving funds on behalf of and making payments from the Trust, safeguarding and valuing Trust assets,
investing and reinvesting Trust assets in the Investment Funds as directed by the Administrator, Participants or Beneficiaries, and those duties as described in this Section 17. 
 The Trustee shall have no duty or authority to ascertain whether Contributions are in compliance with the Plan, to enforce collection or to compute or
verify the accuracy or adequacy of any amount to be paid to it by the Employer. The Trustee shall not be liable for the proper application of any part of the Trust with respect to any disbursement made at the direction of the Administrator.

  

 -62- 

	18	RIGHTS, PROTECTION, CONSTRUCTION AND JURISDICTION 

  

	18.1 	Plan Does Not Affect Employment Rights 

 The Plan does not
provide any employment rights to any Employee. The Employer expressly reserves the right to discharge an Employee at any time, with or without cause, without regard to the effect such discharge would have upon the Employee’s interest in the
Plan. 
  

	18.2 	Compliance With USERRA 

 Notwithstanding any provision of
the Plan to the contrary, effective October 13, 1996, with regard to an Employee who after serving in the uniformed services is reemployed on or after December 12, 1994, within the time required by USERRA, contributions shall be made and
benefits and service credit shall be provided under the Plan with respect to his or her qualified military service (as defined in Code section 414(u)(5)) in accordance with Code section 414(u). Furthermore, notwithstanding any provision of the Plan
to the contrary, Participant loan payments may be suspended during a period of qualified military service. 
  

	18.3 	Limited Return of Contributions 

 Except as provided in
this Section 18.3, (i) Plan assets shall not revert to the Employer nor be diverted for any purpose other than the exclusive benefit of Participants and Beneficiaries and defraying reasonable expenses of administering the Plan; and
(ii) a Participant’s vested interest shall not be subject to divestment. As provided in ERISA section 403(c)(2), the actual amount of a Contribution or portion thereof made by the Employer (or the current value of such if a net loss has
occurred) may revert to the Employer if: 
  

	 	(a)	such Contribution or portion thereof is made by reason of a mistake of fact; 

  

	 	(b)	a determination with respect to the initial qualification of the Plan under Code section 401(a) is not received and a request for such determination is made within the time
prescribed under Code section 401(b) (the existence of and Contributions under the Plan are hereby conditioned upon such initial qualification); or 

  

	 	(c)	such Contribution or portion thereof is not deductible under Code section 404 (such Contributions are hereby conditioned upon such deductibility) in the taxable year of the Employer
for which the Contribution is made. 

  

 -63- 

 The reversion to the Employer must be made (if at all) within one year of the mistaken payment, the date
of denial of qualification, or the date of disallowance of deduction, as the case may be. A Participant shall have no rights under the Plan with respect to any such reversion. 
  

	18.4 	Assignment and Alienation 

 As provided by Code section
401(a)(13) and to the extent not otherwise required by law, no benefit provided by the Plan may be anticipated, assigned or alienated, except: 
  

	 	(a)	to create, assign or recognize a right to any benefit with respect to a Participant pursuant to a QDRO; or 

  

	 	(b)	to use a Participant’s vested Account balance as security for a loan from the Plan which is permitted pursuant to Code section 4975. 

  

	18.5 	Facility of Payment 

 If a Plan benefit is due to be paid
to a minor or if the Administrator reasonably believes that any payee is legally incapable of giving a valid receipt and discharge for any payment due him or her, the Administrator shall have the payment of the benefit, or any part thereof, made to
the person (or persons or institution) whom it reasonably believes is caring for or supporting the payee, unless it has received due notice of claim therefor from a duly appointed guardian or conservator of the payee. Any payment shall to the extent
thereof, be a complete discharge of any liability under the Plan to the payee. 
  

	18.6 	Reallocation of Lost Participant’s Accounts 

 If the
Administrator cannot locate a person entitled to payment of a Plan benefit after a reasonable search, the Administrator may at any time thereafter treat such person’s Account as forfeited and use such amount to reduce future Contributions to be
made by an Employer as soon as administratively feasible. If such person subsequently presents the Administrator with a valid claim for the benefit, such person shall be paid the amount treated as forfeited. The Administrator shall pay the amount
through an additional amount contributed by the Employer. 
  

	18.7 	Suspension of Certain Plan Provisions During Conversion Period 

 Notwithstanding any provision of the Plan to the contrary, during any Conversion Period, in accordance with procedures established by the Administrator and the Trustee, the Administrator may temporarily suspend, in whole or in part, certain
provisions under the Plan, which may include, but are not limited to, a Participant’s right to change his or her Contribution election, a Participant’s right to change his or her investment election and a Participant’s right to borrow
or withdraw from his or her Account or obtain a distribution from his or her Account. 
  

 -64- 

	18.8 	Suspension of Certain Plan Provisions During Other Periods 

 Notwithstanding any provision of the Plan to the contrary, in accordance with procedures established by the Administrator and the Trustee, the Administrator may temporarily suspend a Participant’s right to borrow or withdraw from his
or her Account or obtain a distribution from his or her Account, if (i) the Administrator receives a domestic relations order and the Participant’s Account is a source of the payment for such domestic relations order, or (ii) if the
Administrator receives notice that a domestic relations order is being sought by the Participant, his or her spouse, former spouse, child or other dependent (as defined in Code section 152) and the Participant’s Account is a source of the
payment for such domestic relations order. Such suspension may continue for a reasonable period of time (as determined by the Administrator) which may include the period of time the Administrator, a court of competent jurisdiction or other
appropriate person is determining whether the domestic relations order qualifies as a QDRO. 
  

	18.9 	Claims Procedure 

  

	 	(a)	Right to Make Claim. An interested party who disagrees with the Administrator’s determination of his or her right to Plan benefits must submit a written claim and exhaust this
claim procedure before legal recourse of any type is sought. The claim must include the important issues the interested party believes support the claim. The Administrator, pursuant to the authority provided in the Plan, shall either approve or deny
the claim. 

  

	 	(b)	Process for Denying a Claim. The Administrator’s partial or complete denial of an initial claim must include an understandable, written response covering (1) the specific
reasons why the claim is being denied (with reference to the pertinent Plan provisions) and (2) the steps necessary to perfect the claim and obtain a final review. 

  

	 	(c)	Appeal of Denial and Final Review. The interested party may make a written appeal of the Administrator’s initial decision, and the Administrator shall respond in the same
manner and form as prescribed for denying a claim initially. 

  

 -65- 

	 	(d)	Time Frame. The initial claim, its review, appeal and final review shall be made in a timely fashion, subject to the following time table: 

  

			
	 Action
	  	Days to Respond From Last Action
	 Administrator determines benefit
	  	NA
	 Interested party files initial request
	  	60 days
	 Administrator’s initial decision
	  	90 days
	 Interested party requests final review
	  	60 days
	 Administrator’s final decision
	  	60 days

 However, the Administrator may take up to twice the maximum response time for its initial and final
review if it provides an explanation within the normal period of why an extension is needed and when its decision shall be forthcoming. 
  

	18.10 	Construction 

 Headings are included for reading
convenience. The text shall control if any ambiguity or inconsistency exists between the headings and the text. The singular and plural shall be interchanged wherever appropriate. References to Participant shall include Alternate Payee and/or
Beneficiary when appropriate and even if not otherwise already expressly stated. 
  

	18.11 	Jurisdiction and Severability 

 The Plan and Trust shall be
construed, regulated and administered under ERISA and other applicable federal laws and, where not otherwise preempted, by the laws of the State of Pennsylvania. If any provision of the Plan and Trust is or becomes invalid or otherwise
unenforceable, that fact shall not affect the validity or enforceability of any other provision of the Plan and Trust. All provisions of the Plan and Trust shall be so construed as to render them valid and enforceable in accordance with their
intent. 
  

	18.12 	Indemnification by Employer 

 The Employers hereby agree to
indemnify all Plan fiduciaries against any and all liabilities resulting from any action or inaction, (including a Plan termination in which the Company fails to apply for a favorable determination from the Internal Revenue Service with respect to
the qualification of the Plan upon its termination), in relation to the Plan or Trust (i) including (without limitation) expenses reasonably incurred in the defense of any claim relating to the Plan or its assets, and amounts paid in any
settlement relating to the Plan or its assets, but (ii) excluding liability resulting from actions or inactions made in bad faith, or resulting from the negligence or willful misconduct of the Trustee. The Company shall have the right, but not
the obligation, to conduct the defense of any action to which this Section applies. The Plan fiduciaries are not entitled to indemnity from the Plan assets relating to any such action. 
  

 -66- 

	19	AMENDMENT, MERGER, DIVESTITURES AND TERMINATION 

  

	19.1 	Amendment 

 The Company reserves the right to amend the
Plan and Trust at any time, to any extent and in any manner it may deem necessary or appropriate. The Company (and not the Trustee) shall be responsible for adopting any amendments necessary to maintain the qualified status of the Plan and Trust
under Code sections 401(a) and 501(a). The Committee shall have the authority to adopt any Plan and Trust amendments which have no substantial adverse financial impact upon any Employer or the Plan. All interested parties shall be bound by any
amendment, provided that no amendment shall: 
  

	 	(a)	become effective unless it has been adopted in accordance with the procedures set forth in Section 19.5; 

  

	 	(b)	except to the extent permissible under ERISA and the Code, make it possible for any portion of the Trust assets to revert to an Employer or to be used for, or diverted to, any
purpose other than for the exclusive benefit of Participants and Beneficiaries entitled to Plan benefits and to defray reasonable expenses of administering the Plan; 

  

	 	(c)	decrease the rights of any Participant to benefits accrued (including the elimination of optional forms of benefits) to the date on which the amendment is adopted, or if later, the
date upon which the amendment becomes effective, except to the extent permitted under ERISA and the Code; nor 

  

	 	(d)	permit a Participant to be paid any portion of his or her Account subject to the distribution rules of Code section 401(k) unless the payment would otherwise be permitted under Code
section 401(k). 

  

	19.2 	Merger 

 The Plan and Trust may not be merged or
consolidated with, nor may its assets or liabilities be transferred to, another plan unless each Participant and Beneficiary would, if the resulting plan were then terminated, receive a benefit just after the merger, consolidation or transfer which
is at least equal to the benefit which would be received if either plan had terminated just before such event. 
  

	19.3 	Divestitures 

 In the event of a sale by an Employer which
is a corporation of: (i) substantially all of the Employer’s assets used in a trade or business to an unrelated corporation, or (ii) a sale of such Employer’s interest in a subsidiary to an unrelated entity or individual, lump
sum distributions shall be permitted from the Plan to Participants with respect to Employees who continue employment with the corporation acquiring such assets or who continue employment with such subsidiary, as applicable. The Participant must have
a severance from service with the Employer as a condition to receiving a distribution as provided above. 
  

 -67- 

 Notwithstanding the foregoing, distributions shall not be permitted if the purchaser agrees, in
connection with the sale, to be substituted as the Company as the sponsor of the Plan or to accept a transfer in a transaction subject to Code section 414(l)(1) of the assets and liabilities representing the Participants’ benefits into a plan
of the purchaser or a plan to be established by the purchaser. 
  

	19.4 	Plan Termination and Complete Discontinuance of Contributions 

 The Company may, at any time and for any reason, terminate the Plan in accordance with the procedures set forth in Section 19.5, or completely discontinue contributions. Upon either of these events, or in the event of a partial
termination of the Plan within the meaning of Code section 411(d)(3), the Accounts of each affected Participant shall be fully vested. 
 In
the event of the Plan’s termination, if no successor plan is established or maintained, lump sum distributions shall be made in accordance with the terms of the Plan as in effect at the time of the Plan’s termination or as thereafter
amended, provided that a post-termination amendment shall not be effective to the extent that it violates Section 19.1 unless it is required in order to maintain the qualified status of the Plan upon its termination. The Trustee’s and
Employer’s authority shall continue beyond the Plan’s termination date until all Trust assets have been liquidated and distributed. 
  

	19.5 	Amendment and Termination Procedures 

 The following
procedural requirements shall govern the adoption of any amendment or termination (a “Change”) of the Plan and Trust: 
  

	 	(a)	The Company may adopt any Change by action of its board of directors in accordance with its normal procedures. 

  

	 	(b)	The Committee may adopt any Change within the scope of its authority provided under Section 19.1 and in the manner specified in Section 15.7(a). 

 

 -68- 

	 	(c)	Any Change must be (1) set forth in writing, and (2) signed and dated by an executive officer of the Company or, in the case of a Change adopted by the Committee, at least
one of its members. 

  

	 	(d)	If the effective date of any Change is not specified in the document setting forth the Change, it shall be effective as of the date it is signed by the last person whose signature
is required under clause (2) above, except to the extent that another effective date is necessary to maintain the qualified status of the Plan and Trust under Code sections 401(a) and 501(a). 

  

	 	(e)	No Change shall become effective until it is accepted and signed by the Trustee (which acceptance shall not unreasonably be withheld). 

  

	19.6 	Termination of Employer’s Participation 

 Any Employer
may, at any time and for any reason, terminate its Plan participation by action of its board of directors in accordance with its normal procedures. Written notice of such action shall be signed and dated by an executive officer of the Employer and
delivered to the Company. If the effective date of such action is not specified, it shall be effective on, or as soon as reasonably practicable after, the date of delivery. Upon the Employer’s request, the Company may instruct the Trustee and
Administrator to spin off all affected Accounts and underlying assets into a separate qualified plan under which the Employer shall assume the powers and duties of the Company. Alternatively, the Company may continue to maintain the Accounts under
the Plan. 
  

	19.7 	Replacement of the Trustee 

 The Trustee may resign as
Trustee under the Plan and Trust or may be removed by the Company at any time upon at least 90 days written notice (or less if agreed to by both parties). In such event, the Company shall appoint a successor trustee by the end of the notice period.
The successor trustee shall then succeed to all the powers and duties of the Trustee under the Plan and Trust. If no successor trustee has been named by the end of the notice period, the Company’s chief executive officer shall become the
trustee, or if he or she declines, the Trustee may petition the court for the appointment of a successor trustee. 
  

	19.8 	Final Settlement and Accounting of Trustee 

  

	 	(a)	 Final Settlement. As soon as administratively feasible after its resignation or removal as Trustee, the Trustee shall transfer to the successor trustee all property
currently held by the Trust. However, the Trustee is 

  

 -69- 

	 	 
authorized to reserve such sum of money as it may deem advisable for payment of its accounts and expenses in connection with the settlement of its accounts
or other fees or expenses payable by the Trust. Any balance remaining after payment of such fees and expenses shall be paid to the successor trustee. 

  

	 	(b)	Final Accounting. The Trustee shall provide a final accounting to the Administrator within 90 days of the date Trust assets are transferred to the successor trustee.

  

	 	(c)	Administrator Approval. Approval of the final accounting shall automatically occur 90 days after such accounting has been received by the Administrator, unless the Administrator
files a written objection with the Trustee within such time period. Such approval shall be final as to all matters and transactions stated or shown therein and binding upon the Administrator. 

  

 -70- 

 APPENDIX A - INVESTMENT FUNDS 
  

	I.	Investment Funds Available 

 The Investment Funds offered
under the Plan as of the Effective Date include this set of daily valued funds: 
 Funds 
 Vanguard Prime Money Market Fund 
 Vanguard Retirement Savings Trust 
 Vanguard Total Bond Market Index Fund 

 Vanguard Asset Allocation Fund 
 Vanguard 500 Index fund 
 Vanguard PRIMECAP Fund 
 Vanguard Growth and Income Fund 
 Vanguard Mid-Cap Index Fund 
 Vanguard Windsor Fund 
 VanKampen Emerging Growth Fund 
 RS Emerging Growth Fund 
 Janus Overseas Fund 
 Janus Twenty Fund 
  

	II.	Default Investment Fund 

 The default Investment Fund as of
the Effective Date is the Vanguard Prime Money Market Fund. 
  

 -71- 

 APPENDIX B - PAYMENT OF PLAN FEES AND EXPENSES 
 As of the Effective Date, payment of Plan fees and expenses shall be as follows: 
  

	I.	Investment Management Fees: These are paid by Participants in that management fees reduce the investment return reported and credited to Participants. 

  

	II.	Recordkeeping Fees: These are paid by Participants and are assessed monthly and billed/collected from Accounts quarterly. 

  

	III.	Additional Fees Paid by Participants: Audit Fees, periodic RFI expenses, Plan related legal and consulting fees, and other expenses necessary for plan administration shall be added
to the recordkeeping fees and assessed against Participants’ Accounts, per 2) above. Estimates of the fees shall be determined and reconciled, at least annually. 

  

	IV.	Additional Fees Paid by Employer: All other Plan related fees and expenses shall be paid by the Employer. To the extent that the Administrator later elects that any such fees shall
be borne by Participants, the fees shall be added to the recordkeeping fees and assessed against Participants’ Accounts, per 2) above and estimates of the fees shall be determined and reconciled, at least annually. 

  

 -72- 

 APPENDIX C - LOAN INTEREST RATE 
 Effective January 1, 1998, the interest rate charged on Participant loans shall be equal to the U.S. Treasury rate for a note of the same maturity, plus 1%. 
 Effective January 1, 1999, the interest rate charged on Participant loans shall be equal to the prime rate published in The Wall Street Journal at the time the loan
is processed, plus 1%. If multiple prime rates are published in The Wall Street Journal, the prime rate selected shall be the rate closest to the last prime rate used for this purpose. 
 The rate may be determined once for all loans made in a month, and the maturity may be determined to the nearest year. 
  

 -73- 

 AMENDMENT NO. 1 TO THE 
 JACOBS ENGINEERING GROUP INC. 401(k) PLUS SAVINGS PLAN AND TRUST 
 AS AMENDED AND RESTATED APRIL 1, 2003

 The Jacobs Engineering Group Inc. 401(k) Plus Savings Plan and Trust, as Amended and Restated April 1, 2003, is hereby further
amended by adding Section 4.4 to the Plan to read as follows, effective for the Plan Year ending December 31, 2005: 
  

	 	4.4. 	Automatic Rollovers of Mandatory Distributions. 

 In the
event of a mandatory distribution greater than $1,000 in accordance with the provisions of Section 11 of the Plan, if the Participant does not elect to have such distribution paid directly to an eligible retirement plan specified by the
Participant in a direct rollover or to receive the distribution directly in accordance with Section 11 of the Plan, then the Plan Administrator shall pay the distribution in a direct rollover to an individual retirement plan designed by the
Plan Administrator. 
  

											
	Date: March 28, 2005	 		 	Jacobs Engineering Group Inc.
				
		 		 	By:	 	/S/ John W. Prosser, Jr.
		 		 		 		 	Title:	 	 Executive Vice President
 Finance and
Administration

 AMENDMENT NO. 2 TO THE 
 JACOBS ENGINEERING GROUP INC. 401(k) PLUS SAVINGS PLAN AND TRUST 
 AS AMENDED AND RESTATED APRIL 1, 2003

 This amendment to the Jacobs Engineering Group Inc. 401(k) Plus Savings Plan and Trust, as Amended and Restated April 1, 2003 (the
“Plan”), as described below, is intended to (i) permit Plan participants to specify the extent to which partial distributions are withdrawn from their separate sub-accounts, effective January 1, 2006; (ii) bring the Plan
document into compliance with the updated Treasury Department regulations under Sections 401(k) and 401(m) of the Internal Revenue Code, effective January 1, 2006; and (iii) reflect the merger of a portion of the Jacobs Construction
Services 401(k) Plus Savings Plan and Trust into the Plan, effective at midnight on January 1, 2007. 
 The changes in this amendment
are effective as noted. 
 1. Effective January 1, 2006, Section 1.20 is amended by replacing the reference to Treas. Reg.
§1.401(k)-1(d)(2)(ii) with a reference to Treas. Reg. §1.401(k)-1(d)(3). 
 2. Effective January 1, 2006, Section 10.7 (“Hardship
Withdrawals”) is amended by modifying subsection (b) to read as follows: 
  

	 	(b)	“Deemed Financial Need”. An immediate and heavy financial need relating to: 

  

	 	(1)	the payment of unreimbursed medical care expenses (described under Code section 213(d), but without regard to whether the expenses exceed 7.5% of adjusted gross income) incurred (or
to be incurred) by the Employee, his or her spouse or dependents (as defined in Code section 152, without regard to subsections (b)(1), (b)(2), and (d)(1)(B) of Code section 152); 

  

	 	(2)	the purchase (excluding mortgage payments) of the Employee’s principal residence; 

  

	 	(3)	the payment of unreimbursed tuition, related educational fees and room and board for up to the next 12 months of post-secondary education for the Employee, his or her spouse,
children, or dependents (as defined in Code section 152, without regard to subsections (b)(1), (b)(2), and (d)(1)(B) of Code section 152); 

	 	(4)	the payment of amounts necessary for the Employee to prevent losing his or her principal residence through eviction or foreclosure on the mortgage; 

  

	 	(5)	the payment of burial or funeral expenses for the Employee’s deceased parent, spouse, children or dependents (as defined in Code section 152, without regard to subsection
(d)(1)(B) of Code section 152); 

  

	 	(6)	the payment of expenses for the repair of damage to the Employee’s principal residence that would qualify for the casualty deduction under Code section 165 (determined without
regard to whether the loss exceeds 10% of adjusted gross income); or 

  

	 	(7)	any other circumstance specifically permitted under Treasury Regulations section 401(k)-1(d)(3)(iii)(B). 

 3. Effective January 1, 2006, Section 11.1 (“Benefit Information, Notices, and Election”) is amended by replacing the phrase “separation from service,” in the second paragraph, with the
phrase “severance from employment,” and by replacing the phrase “separates from service,” in the second paragraph, with the phrase “has a severance from employment.” 
 4. Effective January 1, 2006, Section 11.4 (“Source and Timing of Distribution Funding”) is amended by adding the following at the end of the first
paragraph: 
 In the case of a partial distribution pursuant to Section 11.3(b), the Participant may specify the amount to be distributed
from each of his or her Accounts. If a Participant fails to specify the source of the distribution in this manner, the distributed amount shall be pro-rated among each of the Participant’s Accounts. 
 5. Effective January 1, 2006, Section 12.2 (“ADP and ACP Tests”) is amended by deleting the second to last paragraph. 
 6. Effective January 1, 2006, Section 12.6 (“Adjustment for Investment Gain or Loss”) is amended to read, in its entirety, as follows: 
 Any excess Deferrals or Contributions to be refunded to a Participant in accordance with this Section 12 shall be adjusted for investment gain or
loss, including investment gain or loss attributable to the period between the end of the applicable Plan Year and the date of distribution. 

 7. Effective at midnight on January 1, 2007, a new Section 19.9 is added to read as follows: 
  

	 	19.9 	Merger of Jacobs Construction Services 401(k) Plus Savings Plan and Trust. 

 Effective January 1, 2007, the account balances of participants in the Jacobs Construction Services 401(k) Plus Savings Plan and Trust who are classified as “staff” employees were merged into this Plan.
From that date onward, amounts merged into this Plan from the Jacobs Construction Services 401(k) Plus Savings Plan and Trust have been governed by the terms of this Plan. 
  

											
	Date: December 27, 2006	 		 	Jacobs Engineering Group Inc.
				
		 		 	By:	 	/S/ John W. Prosser, Jr.
		 		 		 		 	Title:	 	 Executive Vice President
 Finance and
Administration

 AMENDMENT NO. 3 TO THE 
 JACOBS ENGINEERING GROUP INC. 401(k) PLUS SAVINGS PLAN AND TRUST 
 AS AMENDED AND RESTATED APRIL 1, 2003

 This amendment to the Jacobs Engineering Group Inc. 401(k) Plus Savings Plan and Trust, as Amended and Restated April 1, 2003 (the
“Plan”), as described below, is intended to clarify certain Plan provisions and bring the Plan into full compliance with the 2005 Cumulative List of Changes in Plan Qualification Requirements, as set forth in IRS Notice 2005-101.

 The changes in this amendment are effective as noted. 
 1. Effective for loans made on or after January 1, 2004, Section 9.12 (“Loan Default”) is amended by adding a new third paragraph to read as follows: 
 A Participant with an outstanding defaulted loan may not receive a subsequent loan, unless the Participant (i) makes a full repayment of the
defaulted loan balance, (ii) provides adequate security for the subsequent loan (in addition to the Participant’s accrued benefit), or (iii) enters into an enforceable agreement to repay the loan through direct payroll deductions.

 2. Effective April 1, 2003, Section 11.6 (“Payment Within Life Expectancy”) is renamed “Compliance with Code
Section 401(a)(9)” and is amended to read, in its entirety, as follows: 
  

	 	11.6 	Compliance with Code Section 401(a)(9) 

 Notwithstanding any provision of the Plan to the contrary, all distributions from the Plan shall be made in accordance with the minimum distribution requirements of Code section 401(a)(9) (including the incidental death benefit rule of
Code section 401(a)(9)(G)) and the regulations thereunder. 
 3. Effective January 1, 2002, Sections 13.5 through 13.8 are deleted in their entirety,
and Section 13.9 is renumbered as Section 13.5. 
  

											
	Date: January 29, 2007	 		 	Jacobs Engineering Group Inc.
				
		 		 	By:	 	/S/ John W. Prosser, Jr.
		 		 		 		 	Title:	 	 Executive Vice President
 Finance and
AdministrationAsset Purchase Agreement

 Exhibit 10.6 
  

 ASSET PURCHASE AGREEMENT 
 between 
 UNISYS CORPORATION 
 and 
 FLO CORPORATION 
 Dated as of October 5, 2007 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	 	  	Page
	ARTICLE I DEFINITIONS	  	1
				
		 	 Section 1.1.
	  	 Specific Definitions
	  	1
				
		 	 Section 1.2.
	  	 Other Terms
	  	6
				
		 	 Section 1.3.
	  	 Other Definitional Provisions
	  	6
		
	ARTICLE II PURCHASE AND SALE OF THE TRANSFERRED ASSETS	  	7
				
		 	 Section 2.1.
	  	 Purchase and Sale of Assets
	  	7
				
		 	 Section 2.2.
	  	 Excluded Assets
	  	7
				
		 	 Section 2.3.
	  	 Assumption of Liabilities
	  	9
				
		 	 Section 2.4.
	  	 Excluded Liabilities
	  	9
				
		 	 Section 2.5.
	  	 Purchase Price
	  	10
				
		 	 Section 2.6.
	  	 Closing; Delivery and Payment
	  	10
				
		 	 Section 2.7.
	  	 Taxes and Fees
	  	11
				
		 	 Section 2.8.
	  	 Allocation of Purchase Price
	  	11
				
		 	 Section 2.9.
	  	 Third Party Consents
	  	11
			
		 	ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER	  	12
				
		 	 Section 3.1.
	  	 Organization and Authority of Seller
	  	12
				
		 	 Section 3.2.
	  	 No Conflict
	  	13
				
		 	 Section 3.3.
	  	 Litigation
	  	13
				
		 	 Section 3.4.
	  	 Compliance with Law
	  	13
				
		 	 Section 3.5.
	  	 Contracts
	  	13
				
		 	 Section 3.6.
	  	 Consents and Approvals
	  	13
				
		 	 Section 3.7.
	  	 Title and Condition of Transferred Assets
	  	14
				
		 	 Section 3.8.
	  	 Sufficiency of Transferred Assets
	  	14
				
		 	 Section 3.9.
	  	 Intellectual Property
	  	14
				
		 	 Section 3.10.
	  	 Privacy
	  	16
				
		 	 Section 3.11.
	  	 Environmental and Safety Matters
	  	18
				
		 	 Section 3.12.
	  	 Brokers and Finders
	  	18
				
		 	 Section 3.13.
	  	 Taxes
	  	18
				
		 	 Section 3.14.
	  	 No Other Liabilities
	  	19
				
		 	 Section 3.15.
	  	 Complete Copies
	  	19

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

							
				
	 	 	 	    	 	  	Page
		 	 Section 3.16.
	    	Solvency	  	19
				
		 	Section 3.17.	    	No Other Representations or Warranties	  	19
		
	ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER	  	20
				
		 	Section 4.1.	    	Organization and Authority of Buyer	  	20
				
		 	Section 4.2.	    	No Conflict	  	20
				
		 	Section 4.3.	    	Consents and Approvals	  	20
				
		 	Section 4.4.	    	Brokers and Finders	  	20
				
		 	Section 4.5.	    	Financial Capability	  	21
				
		 	Section 4.6.	    	Litigation	  	21
		
	ARTICLE V CERTAIN COVENANTS OF SELLER AND BUYER	  	21
				
		 	Section 5.1.	    	Governmental Matters	  	21
				
		 	Section 5.2.	    	Conduct of Business	  	21
				
		 	Section 5.3.	    	Access to Books and Records and Personnel	  	22
				
		 	Section 5.4.	    	Cooperation	  	22
				
		 	Section 5.5.	    	Payments Received	  	22
				
		 	Section 5.6.	    	Non-Solicitation; Non-Compete	  	22
				
		 	Section 5.7.	    	Further Assurances; Notification	  	24
				
		 	Section 5.8.	    	Public Announcements	  	24
				
		 	Section 5.9.	    	Contract Matters	  	24
				
		 	Section 5.10.	    	Confidentiality	  	24
				
		 	Section 5.11.	    	Unisys Name	  	25
				
		 	Section 5.12.	    	Notification to Members	  	25
				
		 	Section 5.13.	    	Tax Matters	  	25
		
	ARTICLE VI CONDITIONS TO THE PURCHASE AND SALE	  	26
				
		 	Section 6.1.	    	Conditions to the Purchase and Sale Relating to Buyer	  	26
				
		 	Section 6.2.	    	Conditions to the Purchase and Sale Relating to Seller	  	27
		
	ARTICLE VII AMENDMENT AND WAIVER	  	27
				
		 	Section 7.1.	    	Amendment and Modification	  	27
				
		 	Section 7.2.	    	Waiver	  	27
		
	ARTICLE VIII SURVIVAL AND INDEMNIFICATION	  	28

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

							
	 	 	 	  	 	  	Page
		 	Section 8.1.	  	Survival of Representations and Warranties	  	28
				
		 	Section 8.2.	  	Indemnification by Seller	  	28
				
		 	Section 8.3.	  	Indemnification by Buyer	  	29
				
		 	Section 8.4.	  	Third Party Claims	  	29
				
		 	Section 8.5.	  	Insurance Proceeds	  	30
				
		 	Section 8.6.	  	Exclusive Remedy	  	31
				
		 	Section 8.7.	  	No Consequential Damages	  	31
				
		 	Section 8.8.	  	Treatment of Indemnification Payments	  	31
				
		 	Section 8.9.	  	No Set-Off	  	31
		
	ARTICLE IX MISCELLANEOUS	  	31
				
		 	Section 9.1.	  	Termination	  	31
				
		 	Section 9.2.	  	Effect of Termination	  	31
				
		 	Section 9.3.	  	Return of Information	  	32
				
		 	Section 9.4.	  	Expenses	  	32
				
		 	Section 9.5.	  	Assignment	  	32
				
		 	Section 9.6.	  	Entire Agreement	  	32
				
		 	Section 9.7.	  	Schedules	  	32
				
		 	Section 9.8.	  	Counterparts	  	33
				
		 	Section 9.9.	  	Section Headings	  	33
				
		 	Section 9.10.	  	Notices	  	33
				
		 	Section 9.11.	  	Governing Law; Jurisdiction	  	34
				
		 	Section 9.12.	  	Illegality	  	34

  

 -iii- 

			
	Exhibits	  	
	A	  	Interim License
	B	  	License to Seller
	C	  	Renewal Payments Agreement
	D	  	Services Agreement
	
	Schedules
		
	1.1	  	Assigned Programs
	1.2	  	Assumed Contracts
	1.3	  	Assumed Lease
	1.4	  	Assumed Licenses
	1.5	  	Equipment
	1.6	  	Seller’s Knowledge
	1.7	  	[Intentionally Omitted]
	1.8	  	Non-Transferable Licenses
	1.9	  	Prepaid Memberships
	1.10	  	Seller Account
	1.11	  	Trademarks
	3.2	  	No Conflict
	3.3	  	Litigation
	3.4	  	Governmental Approvals
	3.5	  	Contracts
	3.6	  	Consents and Approvals – Seller
	3.7	  	Encumbrances
	3.8	  	Sufficiency of Assets
	3.9	  	Intellectual Property
	4.3	  	Consents and Approvals – Buyer
	5.2	  	Conduct of Business

  

 -iv- 

 ASSET PURCHASE AGREEMENT, dated as of October 5, 2007, between Unisys Corporation, a Delaware
corporation (“Seller”), and FLO Corporation, a Delaware corporation (“Buyer”). 
 W I T
N E S S E T H: 
 WHEREAS, Seller is engaged in (among other businesses not subject to this
Agreement) the business of designing the solutions for and operating an airport Registered Traveler program in the United States as a Transportation Security Administration (“TSA”)-approved service provider (the
“Business”) under the name “rtGO”; 
 WHEREAS, Seller desires to sell, transfer and assign to Buyer, and Buyer
desires to purchase from Seller, certain assets of the Business, defined herein as the Transferred Assets, and Seller desires to transfer to Buyer, and Buyer desires to assume certain liabilities of the Business, defined herein as the Assumed
Liabilities, as more specifically provided herein; 
 NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained
herein, and subject to and on the terms and conditions herein set forth and intending to be legally bound hereby, the parties hereto agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 Section 1.1. Specific Definitions. As used in this Agreement, the following terms shall have the meanings set forth or as referenced below:

 “AAAE Certification” shall have the meaning set forth in Section 2.6(c). 
 “Affiliate” shall mean, with respect to any Person, any Person directly or indirectly controlling, controlled by, or under common
control with, such other Person at any time during the period for which the determination of affiliation is being made. For purposes of this definition, the term “control” (including the correlative meanings of the terms “controlled
by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management policies of such Person, whether through the
ownership of voting securities or by contract or otherwise. 
 “Agreement” shall mean this Agreement and all Exhibits and
Schedules hereto. 
 “Allocation” shall have the meaning set forth in Section 2.8. 
 “Assigned Intellectual Property” shall mean the Assigned Programs, the Assigned Other Intellectual Property, the Domain Name, the
Trademarks and all goodwill associated with the Trademarks. 

 “Assigned Other Intellectual Property” shall mean any of Seller’s trade secrets,
know-how and copyrights in materials used exclusively in the Business including, without limitation, the content (other than the name “Unisys”), the look, feel and trade dress rights of the www.rtgocard.com website. 
 “Assigned Programs” shall mean, subject to rights held by third parties that have been granted licenses by Seller prior to the Closing
Date (which third parties and rights are set forth on Schedule 1.1), the computer software (including object code and source code) set forth on Schedule 1.1 and related documentation. 
 “Assignment and Assumption Agreement” shall mean the instrument, in a form reasonably acceptable to the parties, whereby Seller will
assign certain of the Transferred Assets to Buyer and Buyer will assume the Assumed Liabilities. 
 “Assignment of Domain
Name” shall mean the instrument, in a form reasonably acceptable to the parties, whereby Seller will assign the Domain Name to Buyer. 
 “Assignment of Marks” shall mean the instrument, in a form reasonably acceptable to the parties, whereby Seller will assign the Trademarks to Buyer. 
 “Assumed Contracts” shall mean the contracts listed on Schedule 1.2. 
 “Assumed Lease” shall mean the lease listed on Schedule 1.3. 
 “Assumed Liabilities” shall have the meaning set forth in Section 2.3. 
 “Assumed Licenses” shall mean the licenses set forth on Schedule 1.4. 
 “Bill of Sale” shall mean the instrument, in a form reasonably acceptable to the parties, whereby Seller will assign the Transferred
Assets to Buyer. 
 “Books and Records” shall mean all books, ledgers, files, reports, plans and operating records of Seller
related exclusively to, or maintained exclusively for, the Business. 
 “Business” shall have the meaning set forth in the
Preamble. 
 “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which banks in New York City are
authorized or obligated by law or executive order to not open or remain closed. 
 “Buyer” shall have the meaning set forth
in the Preamble. 
 “Buyer Indemnified Parties” means Buyer and all its Affiliates, and all of such parties’ officers,
directors, stockholders, employees, agents and advisors. 
 “Claim Notice” shall have the meaning set forth in
Section 8.1(b). 
 “Closing” shall have the meaning set forth in Section 2.7(a). 
  

 - 2 - 

 “Closing Date” shall have the meaning set forth in Section 2.7(a). 
 “Closing Payment” shall have the meaning set forth in Section 2.5(a). 
 “Code” shall mean the Internal Revenue Code of 1986, as amended. 
 “Confidentiality Agreement” shall mean the Agreement between Buyer and Seller dated June 4, 2007. 
 “Contract” means any agreement, contract, lease, consensual obligation, promise or undertaking (whether written or oral and whether
express or implied). 
 “Domain Name” shall mean the name, domain name and URL for the website at www.rtgocard.com

 “DHS” shall have the meaning set forth in Section 2.6(c). 
 “Effective Time” shall mean 11:59 p.m., local time, on the Closing Date. 
 “Encumbrances” shall mean any liens, charges, encumbrances, security interests, pledges, mortgages or adverse claims of any kind,
including any restriction on use or exercise of any other attribute of ownership. 
 “Environmental and Safety Requirements”
means all federal, state, local and foreign statutes, regulations, ordinances and other provisions having the force or effect of law, all judicial and administrative orders and determinations, all contractual obligations and all common law, in each
case concerning public health and safety, worker health and safety and pollution or protection of the environment. 
 “Equipment” shall mean the enrollment kiosks, verification kiosks, peripherals and other equipment set forth on Schedule 1.5. 
 “Excluded Assets” shall have the meaning set forth in Section 2.2. 
 “Excluded
Liabilities” shall have the meaning set forth in Section 2.4. 
 “Governmental Approvals” means any and all
permits, licenses, registrations, filings, consents, rights, exemptions, concessions, authorizations, certificates, orders, franchises, determinations, accreditations, approvals and other indicia of authority by or of any Governmental Authority.

 “Governmental Authority” shall mean any United States, federal, state, county, municipal or quasi-municipal authority or
other political subdivision thereof, and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 
 “Indemnified Party” shall mean the party claiming indemnification pursuant to Article VIII. 
  

 - 3 - 

 “Indemnifying Party” shall mean the party required to indemnify the other party pursuant
to Article VIII. 
 “Intellectual Property” shall mean: 
 (a) all issued patents, reissued or reexamined patents, revivals of patents, utility models, certificates of invention, registrations of patents and
extensions thereof, regardless of country or formal name; 
 (b) all published or unpublished nonprovisional and provisional patent
applications, reexamination proceedings, invention disclosures, records of invention, applications for certificates of invention and priority rights, in any country and regardless of formal name, including without limitation, substitutions,
continuations, continuations-in-part, divisions, renewals, revivals, reissues, re-examinations and extensions thereof; 
 (c) all copyrights
and copyrightable works (including without limitation all software, middleware and firmware), semiconductor topography, mask works and mask work rights, and applications for registration of any of the foregoing, including without limitation all
rights of authorship, use, publication, reproduction, distribution, performance transformation, moral rights and rights of ownership of copyrightable works and all rights to register and obtain renewals and extensions of registrations, together with
all other interests accruing by reason of international copyright conventions; 
 (d) trademarks, registered trademarks, applications for
registration of trademarks, service marks, registered service marks, applications for registration of service marks, trade names, registered trade names and applications for registrations of trade names, trade dress, and all goodwill associated with
each of the foregoing and domain name registrations; 
 (e) all technology, ideas, inventions, designs, proprietary information,
manufacturing and operating specifications, know-how, formulae, trade secrets, technical data, computer programs, hardware, software, processes, brand names, inventions, trade secrets, websites (including sub-pages), URLs and other related
intellectual property and know-how; and 
 (f) all other intangible assets, properties and rights of every kind and nature (whether or not
appropriate steps have been taken to protect, under applicable law, such other intangible assets, properties or rights). 
 “Interim
License” shall mean the agreement between Seller and Buyer set forth in Exhibit A pursuant to which Seller grants to Buyer a limited license to certain of the Assigned Intellectual Property for purposes of obtaining AAAE
Certification. 
 “Knowledge” shall mean, in the case of Seller, the actual knowledge, after reasonable investigation, of
the individuals listed in Schedule 1.6. 
 “Laws” shall have the meaning set forth in Section 3.4. 

 

 - 4 - 

 “Lease Assignment” shall mean the agreement by which Seller shall assign the Assumed
Lease to Buyer. 
 “License to Seller” shall mean the agreement between Buyer and Seller pursuant to which Buyer will grant
to Seller certain licenses to certain of the Assigned Intellectual Property and pursuant to which Seller will grant to Buyer certain licenses to certain of Seller’s Intellectual Property, substantially in the form of Exhibit B.

 “Loss” and “Losses” shall have the meaning set forth in Section 8.2(a). 
 “Non-Transferable Licenses” shall mean those licenses listed on Schedule 1.8. 
 “Permitted Encumbrance” shall have the meaning set forth in Section 3.7. 
 “Person” shall mean an individual, corporation, partnership, limited liability company, association, trust or unincorporated
organization, a Governmental Authority or any other entity or organization. 
 “Personal Information” shall have the meaning
set forth in Section 3.10(a)(ii). 
 “Prepaid Memberships” shall mean prepayments by members to participate in
Seller’s Registered Traveler program for more than one year. Information regarding Prepaid Memberships as of September 30, 2007 is set forth on Schedule 1.9. 
 “Proceeding” means any claim, action, suit, litigation, arbitration, proceeding (including any civil, criminal, administrative,
investigative or appellate proceeding and any informal proceeding), prosecution, contest, hearing, inquiry, inquest, audit, examination or investigation commenced, brought, conducted or heard by or before, or otherwise involving, any Governmental
Authority or any arbitrator or arbitration panel. 
 “Promissory Note” shall mean the promissory note from Buyer to Seller,
in a form reasonably acceptable to the parties, in respect of the amounts set forth in Section 2.5(a)(ii). 
 “Purchase
Price” shall have the meaning set forth in Section 2.5. 
 “Renewal Payments Agreement” shall mean the
agreement in respect of payments to be made by Buyer to Seller after the Closing in respect of subscription renewals substantially in the form attached hereto as Exhibit C. 
 “Safety Act Certification” shall mean both the designation and the certification issued under the Support Anti-Terrorism by Fostering
Effective Technologies Act of 2002. 
 “Security Agreement” shall mean the security agreement to be entered into by Buyer,
in a form reasonably acceptable to the parties, to secure the payment of the Promissory Note. 
 “Seller” shall have the
meaning set forth in the Preamble. 
  

 - 5 - 

 “Seller Account” means the account of Seller set forth on Schedule 1.10, or
another bank account or accounts designated by Seller in writing at least five (5) days in advance of the applicable payment. 
 “Seller Indemnified Parties” means Seller and its Affiliates, and all of such parties’ officers, directors, stockholders, employees, agents and advisors. 
 “Services Agreement” shall mean the services agreement pursuant to which Seller will provide services to Buyer after the Closing
substantially in the form attached hereto as Exhibit D. 
 “Taxes” shall mean all federal, state, local or foreign
income taxes, charges, fees, imposts, levies or other assessments by any Governmental Authority, including all net income, gross receipts, capital, sales, use, ad valorem, value added, transfer, franchise, profits, inventory, capital stock, license,
withholding, payroll, employment, social security, unemployment, excise, severance, stamp, occupation, property and estimated taxes, customs duties, fees, assessments and charges of any kind whatsoever, together with any interest and any penalties,
fines, additions to tax or additional amounts imposed by any Governmental Authority. 
 “Tax Returns” shall mean all reports
and returns required to be filed with respect to Taxes. 
 “Trademarks” shall mean the service mark RTGO including, without
limitation, the logo and the U.S. Trademark applications listed in Schedule 1.11. 
 “Transaction Documents” shall
mean the Assignment and Assumption Agreement, the Bill of Sale, the Interim License, the License to Seller, the Assignment of Marks, the Assignment of Domain Name, the Lease Assignment, the Promissory Note, the Renewal Payments Agreement, the
Security Agreement and the Services Agreement. 
 “Transferred Assets” shall have the meaning set forth in Section 2.1.

 “TSA” shall have the meaning set forth in the Preamble. 
 Section 1.2. Other Terms. Other terms may be defined elsewhere in the text of this Agreement and, unless otherwise indicated, shall have such
meaning throughout this Agreement. 
 Section 1.3. Other Definitional Provisions. 
 (a) The words “hereof,” “herein,” and “hereunder” and words of similar import, when used in this Agreement, shall refer to
this Agreement as a whole and not to any particular provision of this Agreement. Whenever the words “include,” “includes” or “including” (or any variation thereof) are used in this Agreement, they shall be deemed to be
followed by the words “without limitation.” 
 (b) All references to “dollars” or “$” mean “U.S.
dollars.” 
  

 - 6 - 

 (c) Unless otherwise indicated, any reference to an Article, Section, Schedule or Exhibit is a reference
to an Article or Section of, or a Schedule or Exhibit to, this Agreement. 
 (d) Terms defined in the singular shall have a comparable
meaning when used in the plural, and vice versa. 
 ARTICLE II 
 PURCHASE AND SALE OF THE TRANSFERRED ASSETS 
 Section 2.1.
Purchase and Sale of Assets. Upon the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell, convey, transfer, assign and deliver to Buyer, free and clear of any Encumbrances other than Permitted Encumbrances,
and Buyer agrees to purchase from Seller, all of Seller’s right, title and interest in and to the following assets and properties of Seller existing as of the Closing Date (the “Transferred Assets”): 
 (a) the Assigned Intellectual Property; 
 (b)
the Assumed Contracts; 
 (c) the Assumed Lease; 
 (d) the Assumed Licenses; 
 (e) the Equipment; 
 (f) all advertising materials, marketing plans, customer lists and other similar information exclusively used or held for use in the Business, including
the data base of Personal Information; 
 (g) any Books and Records, including copies of Books and Records in the possession of Seller’s
independent public accountants (except the workpapers of such independent public accountants); 
 (h) the Safety Act Certification;

 (i) the Prepaid Memberships; and 
 (j) the rtGO card toll free number at 1-888-622-3924. 
 Notwithstanding anything to the contrary contained in this Agreement,
Seller may retain copies of any Assumed Contract, Assumed Lease, Assumed License, Books and Records or any other document or materials. 
 Section 2.2. Excluded Assets. Any and all assets of Seller or any of its Affiliates not specifically included in Section 2.1 shall be excluded from the Transferred Assets. 

  

 - 7 - 

 
In addition, notwithstanding anything herein to the contrary, from and after the Closing, Seller shall retain all of its right, title and interest in and to,
and there shall be excluded from the sale, conveyance, assignment or transfer to Buyer hereunder, and the Transferred Assets shall not include, the following assets and properties (such retained assets and properties being herein collectively
referred to as the “Excluded Assets”): 
 (a) all (i) cash and cash equivalents on hand (other than in respect of the
Prepaid Memberships), wherever located, including bank balances and bank accounts, monies in possession of any banks, savings and loans or trust companies and similar cash items on hand on the Closing Date, (ii) investment securities and other
short- and medium-term investments of the Business and (iii) accounts receivable; 
 (b) all refunds of Taxes relating to periods ending
before the Closing Date; 
 (c) all Tax Returns of Seller; 
 (d) the Non-Transferable Licenses; 
 (e) all rights to the name “Unisys” and any names, marks,
logos and Internet domain names using the name “Unisys” or any derivative thereof; 
 (f) all laptops, personal computers and
servers used in the Business, including, without limitation, the servers and related communication equipment and lines used to manage communications between Seller and the American Association of Airport Executives and any software (other than
Assigned Programs) running thereon; 
 (g) any support, services or benefits provided by Seller or an Affiliate of Seller, assets of any
benefits plan and assets used to provide functions including, but not limited to, Financial and Accounting, Payroll, Disbursements, Marketing and Proposal Support, IT and Telecommunications, Unisys University, Internal and External Communications
and Investor Relations, Treasury, Human Resources, Tax, Internal Audit, Legal, Contracts and Procurement, General Administrative Support, Order Entry and Billing, Credit and Collections, Facilities, Logistic and Environmental Services, Risk
Management and Insurance, Desktop Maintenance and Helpdesk Support; 
 (h) consideration paid to, and the other rights that accrue or will
accrue for the benefit of, Seller under this Agreement or a Transaction Document; 
 (i) any rights or benefits pursuant to any of
Seller’s insurance policies (intercompany, self-insurance or otherwise); 
 (j) any causes of action, lawsuits, judgments, claims and
demands of any nature that arose or arise or relate to events that occur prior to, at or following the Closing to the extent the same arise out of or are related to any of the Excluded Assets or Excluded Liabilities, whether arising by way of
counterclaim or otherwise; 
 (k) any governmental licenses, permits and approvals issued to Seller, the transfer of which is not permitted
by law; 
  

 - 8 - 

 (l) any Books and Records (i) that Seller or any of its Affiliates are required to retain pursuant
to any applicable statute, rule, regulation or ordinance or (ii) which relate primarily to the Excluded Assets or the Excluded Liabilities, provided, however, that Seller shall deliver copies of the Books and Records referred to in
subsection (i) to Buyer; 
 (m) all funds, letters of credit, and amounts held in escrow or trust, including but not limited to those
posted or deposited with or in favor of any Governmental Authority to support Seller’s or any of its Affiliates’ financial responsibility or bonding requirements under any permit, license or other governmental authorization; 
 (n) any claims payable by the federal government regarding Registered Traveler Pilot Program, Contract # HSTS02-04-C-RET002; 
 (o) Seller’s AAAE Certification; and 
 (p) Seller’s contracts with JP Morgan Chase in connection with the collection and remittance of payments. 
 Section 2.3.
Assumption of Liabilities. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Buyer shall assume and agree to perform, pay or discharge, when due: 
 (a) all obligations and liabilities arising under the Assumed Contracts, the Assumed Lease and the Assumed Licenses after the Closing Date (other than any
liability or obligation arising out of or relating to a breach or other act or omission that occurred on or prior to the Closing Date); 
 (b) all vetting and transaction fees and refund obligations arising after the Closing Date in respect of the Prepaid Memberships in existence as of the Closing Date; 
 (c) all obligations, liabilities, causes of action, lawsuits, judgments, claims or demands of any nature that arise or have arisen in connection with the
matters disclosed in subsection (a) of Schedule 3.3, subject, however, to the limitations set forth in subsection (a) of Schedule 3.3; and 
 (d) all obligations, liabilities, causes of action, lawsuits, judgments, claims or demands of any nature that arise after the Closing in connection with the Assigned Intellectual Property (other than those that arise
out of or relate to a breach by Seller of a representation or warranty hereunder). 
 The obligations and liabilities to be assumed by Buyer
pursuant to this Section 2.3 are hereinafter referred to as the “Assumed Liabilities.” 
 Section 2.4. Excluded
Liabilities. Except with respect to the Assumed Liabilities, Buyer does not hereby and shall not assume or in any way undertake to pay, perform, satisfy or discharge any liabilities of Seller whatsoever. All liabilities of Seller not expressly

  

 - 9 - 

 
assumed by Buyer pursuant to Section 2.3 are hereinafter referred to as the “Excluded Liabilities”. 
 Section 2.5. Purchase Price. 
 (a) As consideration for the Transferred Assets, in addition to assuming the Assumed Liabilities, Buyer shall pay to Seller $8,000,000 (the “Purchase Price”). 
 (b) If Buyer has completed a financing prior to the Closing Date, the Purchase Price (less the amount of Prepaid Memberships as of the Closing Date)
shall be payable at the Closing. 
 (c) If Buyer has not completed a financing prior to the Closing Date the Purchase Price shall be payable
as follows: 
 (i) $1,200,000 (less the amount of Prepaid Memberships as of the Closing Date) at the Closing; and 

(ii) $6,800,000 on the earlier of (A) five business days after Buyer has completed a financing or (B) December 31, 2007.

 (d) The amounts set forth in above shall be paid by wire transfer of immediately available funds to the Seller Account. 
 (e) One day prior to the Closing Date, Seller shall inform Buyer of the amount of Prepaid Memberships as of such date so that Buyer may deduct such
amount from the amount due at Closing. 
 Section 2.6. Closing; Delivery and Payment. 
 (a) Closing Date. The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place at the offices of Unisys
Corporation, Unisys Way, Blue Bell, PA 19422, U.S.A., on the second Business Day following the date on which all the conditions to Closing in Article VI are satisfied or waived, or on such other date or at such other location as may be mutually
agreed upon by Buyer and Seller. The time and date on which the Closing occurs is hereinafter referred to as the “Closing Date.” The Closing shall be effective as of the Effective Time. 
 (b) Delivery and Payment. At the Closing: 
 (i) Buyer shall pay the Closing Payment to Seller in immediately available funds by wire transfer to the Seller Account; 
 (ii) Seller shall deliver to Buyer such instruments of transfer, assignment, conveyance and other instruments sufficient to convey, transfer and assign to Buyer all right, title and interest in and to the Transferred
Assets together with possession of such Transferred Assets, all in form and substance reasonably satisfactory to Buyer; 
  

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 (iii) Seller shall deliver to Buyer the Transaction Documents, other than the Interim
License and the Promissory Note, duly executed by Seller; 
 (iv) Buyer shall deliver to Seller the Transaction Documents
other than the Interim License, duly executed by Buyer; 
 (v) Buyer shall deliver to Seller such instruments of assumption
sufficient to assume, discharge or perform when due, all of the Assumed Liabilities, all in form and substance reasonably satisfactory to Seller; and 
 (vi) Seller shall deliver to Buyer evidence of the release of the Encumbrances set forth on Schedule 3.7(b). 
 (c) Post-Signing Actions and Deliveries. 
 (i) Concurrently with the execution of this Agreement, the parties hereto
are executing and delivering the Interim License. Promptly after the date hereof, Buyer shall commence the certification and conformance process required by the American Association of Airport Executives (the “AAAE Certification”) and
Seller shall assist in such process as set forth in the Interim License; and 
 (ii) Promptly after the date hereof, Seller
and Buyer shall file with the Department of Homeland Security (“DHS”) an application for the transfer of Seller’s Safety Act Certification to Buyer. 
 Section 2.7. Taxes and Fees. Buyer shall pay up to $20,000 of any sales/use taxes, transfer taxes, excise taxes, tariffs, stamp taxes, conveyance taxes, mortgage taxes, intangible taxes, documentary
recording taxes, license and registration fees, value added taxes and recording fees imposed by any Governmental Authority upon the transfer of the Transferred Assets hereunder or the filing of any instruments, and Seller shall pay any such taxes
and fees in excess of $20,000. Seller and Buyer agree to reasonably cooperate with each other to enable the parties to more accurately determine their tax obligations under this Section 2.7. 
 Section 2.8. Allocation of Purchase Price. Seller and Buyer agree to use their best efforts to agree to an allocation of the Purchase Price
and Assumed Liabilities among the Transferred Assets (tangible and intangible) on the basis of an allocation (the “Allocation”) to be agreed upon by the parties prior to the Closing Date. Seller and Buyer agree to report, pursuant
to Section 1060 of the Code and the regulations promulgated thereunder or any other similar provision under state, local or foreign law, as and when required, the Allocation of the Purchase Price among the Transferred Assets in a manner
entirely consistent with such Allocation in the preparation and filing of all Tax Returns (including IRS Form 8594). In any proceeding related to the determination of any Tax, neither Seller nor Buyer shall contend or represent that such Allocation
is not a correct allocation. 
 Section 2.9. Third Party Consents. In the event that Seller’s rights under any Assumed
Contract or Assumed License may not be assigned without the consent of any Person and such consent has not been obtained (such Assumed Contract or Assumed License being herein referred to as “Restricted Contracts”), neither this Agreement
nor any Transaction 

  

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Document shall constitute an agreement to assign such Restricted Contract if an attempted assignment would constitute a breach thereof or be unlawful. Seller
and Buyer shall cooperate and use all commercially reasonable efforts to obtain all such required consents as promptly as possible. If any such consent is not obtained, the Closing shall proceed and Buyer shall pay the full Purchase Price, without
the assignment of such Restricted Contract (and the failure to obtain such consent and the failure to assign such contract shall not constitute a breach of this Agreement by Seller), and, to the maximum extent permitted by law and under such
Restricted Contracts, at the Closing Seller and Buyer shall enter reasonable arrangements designed to provide the benefits of such Restricted Contracts to Buyer and to cause Buyer to be responsible for the burdens of such contracts. If and when such
a consent to assignment is obtained, such Restricted Contract shall be deemed assigned to Buyer at no additional cost to Buyer. 
 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES OF SELLER 
 Seller represents and warrants to Buyer as follows: 
 Section 3.1. Organization and Authority of Seller. 
 (a) Seller has been duly incorporated, is validly existing and is
in good standing under the laws the State of Delaware, with the requisite corporate power and authority to conduct its business (including the Business) as it is presently being conducted and to own, operate or lease the Transferred Assets. Seller
is duly qualified to do business and is in good standing in each jurisdiction where the nature of the business conducted by it or the property it owns, leases or operates requires it to qualify to do business as a foreign corporation. 
 (b) Seller has the full corporate power and authority to enter into this Agreement and the Transaction Documents to which it is a party, and to perform
its obligations hereunder and thereunder. The execution and delivery of and performance of the obligations under this Agreement and the Transaction Documents have been duly authorized by Seller. This Agreement has been, and the Transaction Documents
to be executed by Seller will be, at the time of their respective execution and delivery, duly executed and delivered by or on behalf of Seller and constitute, or will constitute, at the time of their respective execution and delivery, legal, valid
and binding agreements of Seller, enforceable in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws of general applicability relating to or affecting
creditors’ rights and to general equity principles, and no other proceedings on the part of Seller are necessary to authorize this Agreement or the Transaction Documents and the consummation of the transactions contemplated hereby or thereby.
Seller has not (i) filed or had filed against it a petition in bankruptcy or a petition to take advantage of any other insolvency act, (ii) admitted in writing its inability to pay its debts generally, (iii) made an assignment for the
benefit of creditors, (iv) consented to the appointment of a receiver for itself or any substantial part of its property, or (v) generally committed any act of insolvency (including the failure to pay obligations as they become due) or
bankruptcy. 
  

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 Section 3.2. No Conflict. Neither the execution and delivery of this Agreement and the
Transaction Documents nor compliance by Seller with their terms and provisions will, directly or indirectly, (a) violate any provision of the certificate of incorporation or by-laws of Seller; (b) violate any law, statute or regulation or
any injunction, order or decree of any Governmental Authority to which Seller is subject except, in all cases, such violations that would not prohibit or materially impair Seller’s ability to perform its obligations under this Agreement or a
Transaction Document; or (c) assuming the notices and consents described in Schedule 3.2 have been given or received, as the case may be, result in any breach of, or constitute a default (or event which with the giving of notice or lapse
of time, or both, would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any Encumbrance on any of the Transferred Assets. 
 Section 3.3. Litigation. Except as set forth in Schedule 3.3, there is no Proceeding, in law or in equity, pending or, to
Seller’s Knowledge, threatened against Seller (i) with respect to the Business, any Transferred Asset or any Assumed Liability, (ii) against, relating to or that challenges the validity or propriety of the transactions contemplated by
this Agreement or by any Transaction Document or the right of Seller to enter into any of them or to consummate the transactions contemplated hereby or thereby, (iii) that could cause Buyer to become subject to or to become liable for the
payment of any Tax or (iv) that could result in the imposition of any Encumbrance on any Transferred Asset. Except as set forth in Schedule 3.3 hereto, there are no material unsatisfied judgments or outstanding orders, injunctions,
decrees, stipulations or awards (whether rendered by a court, an administrative agency or by an arbitrator) that relate primarily to the Transferred Assets, the Assumed Liabilities or the Business. 
 Section 3.4. Compliance with Law. The conduct of the Business complies in all material respects with all laws, ordinances and regulations of
any Governmental Authority applicable thereto (“Laws”), no Proceeding has been filed or commenced against Seller alleging any failure so to comply, and all material Governmental Approvals, permits and licenses required to conduct
the Business have been obtained, are valid and are in full force and effect and are being complied with. Schedule 3.4 lists all Governmental Approvals that are necessary for the conduct of the Business by Seller as it is currently being
conducted or the ownership by Seller of the Transferred Assets. 
 Section 3.5. Contracts. Each Assumed Contract, Assumed License
and Assumed Lease is valid and is in full force and effect in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws of general applicability relating to or affecting
creditors’ rights and to general equity principles. Except as set forth in Schedule 3.5, neither Seller, nor to Seller’s Knowledge any other party, is in default, violation or breach of any Assumed Contract, Assumed License or
Assumed Lease in any material respect, and to Seller’s Knowledge, no event has occurred and is continuing that constitutes, or with notice or the passage of time or both would constitute, a default, violation or breach in any material respect
under any Assumed Contract, Assumed License or Assumed Lease. 
 Section 3.6. Consents and Approvals. The execution, delivery and
performance of this Agreement and the Transaction Documents by Seller do not and will not require any consent, approval, authorization or other action by, or filing with or notification to, any 

  

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Governmental Authority or other Person, except (a) as set forth in Schedule 3.6, (b ) where the failure to obtain such consent, approval,
authorization or action, or to make such filing or notification, would not prevent or materially delay the consummation by Seller of the transactions contemplated by this Agreement and the Transaction Documents and (c) as may be necessary as a
result of facts or circumstances relating solely to the Buyer. 
 Section 3.7. Title and Condition of Transferred Assets.

 (a) Seller owns, leases or has legal right to use all the Transferred Assets, and all Transferred Assets are free of all Encumbrances other
than (i) Encumbrances imposed by law, such as carriers’, warehousemen’s, mechanics’, materialmen’s, landlords’, laborers’, suppliers’ and vendors’ liens incurred in the ordinary course of business and
securing obligations which are not yet due or which are being contested in good faith, (ii) Encumbrances securing the payment of Taxes which are either not delinquent or which are being contested in good faith by appropriate proceedings, as set
forth on Schedule 3.7(a), (iii) Encumbrances for current Taxes not yet due and payable and (iv) those Encumbrances which shall be released at Closing and are set forth on Schedule 3.7(b) ((i) though (iii) being the
“Permitted Encumbrances”). Seller is not a party to any outstanding Contract or other arrangement giving any Person any present or future right to require Seller to transfer to any Person any ownership or possessory interest in, or
to grant any lien on, any of the Transferred Assets, other than pursuant to this Agreement. 
 (b) The Equipment is in good condition and
repair (ordinary wear and tear excepted) and is adequate for the uses to which it is being put to use. 
 Section 3.8. Sufficiency of
Transferred Assets The Transferred Assets, together with (i) the Excluded Assets listed on Schedule 3.8, (ii) the Governmental Approvals listed on Schedule 3.4, (iii) the services contemplated to be provided under the Services
Agreement, (iv) the employees and facilities currently used by Seller in the conduct of the Business and (v) the Unisys Intellectual Property (as defined in the License to Seller) constitute all material properties, rights, interests and
other tangible and intangible assets necessary to conduct the Business as it is currently being conducted by Seller. 
 Section 3.9.
Intellectual Property. 
 (a) Except as set forth on Schedule 3.9(a), (i) Seller is the sole and exclusive owner of all
right, title and interest in and to the Assigned Intellectual Property, and Seller has legally enforceable rights to use and exploit without limitation all Intellectual Property licensed to Seller under the Assumed Licenses, in each case, free and
clear of all Encumbrances except Permitted Encumbrances and the Encumbrances listed on Schedule 3.7; (ii) no Person other than Seller has any right, claim or interest in or with respect to any Assigned Intellectual Property and
(iii) there are no royalties, fees or other payments payable by Seller to any Person under any Contract or understanding by reason of the ownership, use, sale or disposition of the Assigned Intellectual Property or by reason of the conduct of
the Business. Immediately after the Closing, Buyer will own all of the Assigned Intellectual Property, free and clear of all Encumbrances other than Permitted Encumbrances. 
  

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 (b) Seller is not in breach of any Assumed License or any Contract related to the Assigned Intellectual
Property, and Seller has received no notice or other communication that Seller is in breach of any Assumed License or any such Contract. To Seller’s Knowledge, the other Person that is a party to each Assumed License or contract related to the
Assigned Intellectual Property is not in breach of the applicable Assumed License or such Contract. Neither the execution, delivery or performance of this Agreement or any of the Transaction Documents, nor the consummation of the transactions
contemplated hereby, will contravene, conflict with or result in an impairment of Buyer’s right to own or use any Assigned Intellectual Property or to conduct the Business under the Assumed Licenses. Except for (i) the Assumed Licenses,
(ii) the licenses granted to Seller as set forth on Schedule 1.8, and (iii) the licenses to the software referred to in Section 2.2(f), Seller is not a party to any Contract pursuant to which Seller is licensed to use a third
Person’s Intellectual Property in connection with the conduct of the Business as it is currently being conducted by Seller. 
 (c) With
respect to the Assigned Intellectual Property, no Proceeding to which Seller is a party is pending or, to Seller’s Knowledge, threatened, nor has any claim, allegation, notice or statement been made that challenges the legality, validity,
enforceability or use by Seller of any Assigned Intellectual Property or any Intellectual Property subject to any Assumed License. 
 (d) The
operation of the Business as presently conducted does not infringe or misappropriate, nor, to Seller’s Knowledge, has it ever infringed or misappropriated , any Intellectual Property right of any Person. Seller has not received any notice or
other communication (in writing or otherwise) that Seller (in connection with the Business), the conduct of the Business or any of the Assigned Intellectual Property has infringed upon, misappropriated or made unlawful use of any Intellectual
Property right or proprietary asset owned or used by any other Person. No Person has notified Seller that Seller requires a license to such Person’s Intellectual Property specifically in connection with Seller’s conduct of the Business,
and Seller has not received any unsolicited written offers to license any Person’s Intellectual Property rights specifically in connection with the conduct of the Business nor any notices that identified specific patents related to the Business
as currently conducted (whether or not the notice specifically references the Business). 
 (e) To Seller’s Knowledge, no other Person
is infringing, misappropriating or making any unlawful use of, and no Intellectual Property right of any Person infringes or conflicts with, any Assigned Intellectual Property. 
 (f) The execution, delivery and performance by Seller of this Agreement, and the consummation of the transactions contemplated hereby will not give rise
to any Encumbrance affecting the Assigned Intellectual Property or any right of any Person to terminate, impair or alter any of Seller’s rights in and to any Assigned Intellectual Property or the Assumed Licenses. 
 (g) Except for the licenses granted to third parties to the Assigned Programs as set forth on Schedule 1.1, Seller has not granted any Person, and Seller
is not bound by any Contract to grant to any Person, any rights or licenses in, to or under any of the Assigned Intellectual Property or any right of first refusal or option related to the Assigned Intellectual 

  

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Property. Seller has not deposited into a technology or source code escrow any of the Assigned Intellectual Property for the benefit of any Person.

 (h) No Assigned Program contains any Public Software. “Public Software” shall mean any software that contains, or is
derived in any manner (in whole or in part) from, any software that is distributed as free software, open source software (e.g., Linux) or similar licensing or distribution models, including without limitation any model that requires the
distribution of source code to licensees, including without limitation software licensed or distributed under any of the following licenses or distribution models, or licenses or distribution models similar to any of the following:
(i) GNU’s General Public License (GPL) or Lesser/Library GPL (LGPL); (ii) the Artistic License (e.g., PERL); (iii) the Mozilla Public License; (iv) the Netscape Public License; (v) the Sun Community Source License
(SCSL); (vi) the Sun Industry Standards License (SISL); (vii) the BSD License; and (viii) the Apache License. 
 (i) Seller
has taken all commercially reasonable and customary measures and precautions necessary to protect and maintain the confidentiality of all trade secrets included in the Assigned Intellectual Property and otherwise to maintain and protect the full
value of all such trade secrets, including without limitation having each Person to whom such trade secrets have been disclosed execute a confidentiality or non-disclosure agreement. 
 (j) Seller does not own (solely or jointly with any third party) any issued patents or patent applications that claim inventions that would be infringed
by Buyer’s conduct of the Business. Seller does not have any registered copyrights for any Assigned Intellectual Property, and Seller does not have any applications for registration of copyrights for any Assigned Intellectual Property.

 (k) Other than the Trademarks and the name “Unisys”, Seller has not and does not use any other trademarks, service marks or
trade names in connection with the conduct of the Business. Other than the Domain Name, Seller does own any URLs or domain names that have been used by Seller solely in the conduct of the Business. 
 (l) The Assigned Programs constitute all of the software owned by Seller that is used by Seller exclusively in the conduct of the Business. 

Section 3.10. Privacy. 
 (a)
For purposes of this Section 3.10: 
 (i) “Individuals” means individual applicants to Seller’s Registered
Traveler program and visitors to the Seller Site. 
 (ii) “Personal Information” means personal information of
Individuals collected from those Individuals via the Seller Site or via other means in connection with the conduct of the Business, including, without limitation, biometric information, biographical information, name, address, telephone 

  

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number, bank account and credit card information, social security number and drivers license number. 
 (iii) “Privacy Statement” means the Seller’s privacy policy published on the Seller Site or otherwise made available
by Seller to Individuals from whom Seller collects Personal Information regarding the collection, retention, use and distribution of Personal Information. 
 (iv) “Seller Site” means the Seller’s public website related to the Business on the World Wide Web at www.rtgocard.com. 
 (v) “Terms and Conditions” means any and all of the applicant terms and conditions published on the Seller Site or
otherwise made available by Seller governing Individuals’ use of and access to the Seller Site or application for, enrollment in and participation in Seller’s Registered Traveler program. 
 (b) A Privacy Statement is made available to all applicants to Seller’s Registered Traveler program and is posted and is accessible to Individuals
at all times on the Seller Site. Seller has while conducting the Business maintained a hypertext link to a Privacy Statement from the homepage of the Seller Site and used its reasonable efforts to include a hypertext link to a Privacy Statement from
every page of the Seller Site on which Personal Information is collected from Individuals. A privacy statement has been made available to all Individuals from whom Seller has collected Personal Information. 
 (c) The Privacy Statement is clearly written and includes, at a minimum, accurate notice to Individuals about Seller’s collection, retention, use
and disclosure policies and practices with respect to Individuals’ Personal Information. The Privacy Statement is accurate and consistent with the Terms and Conditions and Seller’s actual practices with respect to the collection,
retention, use and disclosure of Individuals’ Personal Information. 
 (d) Seller has (i) complied with the Privacy Statement as
applicable to the Personal Information, (ii) complied with all applicable privacy laws and regulations regarding the collection, retention, use and disclosure of the Personal Information, and (iii) taken all appropriate and industry
standard measures to protect and maintain the confidential nature of the Personal Information. For so long as Seller has conducted the Business, Seller has had in place adequate technological and procedural measures to protect the Personal
Information against loss, theft and unauthorized access or disclosure. Seller has not and does not knowingly collect information from or target children under the age of thirteen. Other than to provide Personal Information to the Transportation
Security Administration as required to process an Individual’s application to Seller’s Registered Traveler program, Seller has not and does not sell, rent or otherwise make available to any Person any Personal Information. 
 (e) Other than as constrained by the Privacy Statement and by applicable Laws, Seller is not restricted in its use and/or distribution of Personal
Information collected by Seller. 
 (f) Aside from the Privacy Statement and any applicable Laws, neither Seller nor any of its subsidiaries
is party to any Contract, or is subject to any other obligation that, 

  

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following the consummation of the transactions contemplated by this Agreement and the Transaction Documents, would prevent Buyer and/or its Affiliates from
using the Personal Information in a manner consistent with applicable privacy Laws regarding the disclosure and use of Personal Information. No Proceedings have arisen regarding the Privacy Statement or Seller’s use or disclosure of Personal
Information, and Seller has received no notice of, nor has any Knowledge of, any such Proceedings. 
 (g) The Terms and Conditions are posted
and are accessible to Individuals at all times on the Seller Site. No Proceedings have arisen regarding the Terms and Conditions or the implementation thereof, and Seller has received no notice of, nor has any Knowledge of, any such Proceedings.

 (h) Upon compliance with Section 5.12 hereof, Seller will have the full power and authority to transfer to Buyer the Personal
Information in Seller’s possession or control and such transfer will not result in a breach or violation of the Privacy Statement or violation of any applicable Law. 
 Section 3.11. Environmental and Safety Matters. Seller has complied with and is currently in compliance with all Environmental and Safety Requirements applicable to the operation of the Business and the
use or ownership of the Transferred Assets, and Seller has not received any written notice, report or information regarding any violations of or any liabilities (whether accrued, absolute, contingent, unliquidated or otherwise) or corrective,
investigatory or remedial obligations arising under Environmental and Safety Requirements that relate to the Business or the Transferred Assets. Seller has not, either expressly or by operation of law, assumed or undertaken any liability or
corrective, investigatory or remedial obligation of any other Person relating to any Environmental and Safety Requirements applicable to the operation of the Business or the use or ownership of the Transferred Assets. No environmental lien has
attached to any property owned, leased or operated by Seller relating to the operation of the Business. 
 Section 3.12. Brokers and
Finders. Seller has not engaged any broker, finder or investment banker or incurred any liability, contingent or otherwise, for any brokerage, finder’s or other fee or commission in connection with the origin, negotiation or execution of
this Agreement or any of the transactions contemplated by this Agreement or the Transaction Documents. 
 Section 3.13. Taxes.

 (a) There are no Encumbrances for any Taxes on the Transferred Assets other than Permitted Encumbrances. 
 (b) There is no Proceeding or audit now pending against Seller primarily relating to the Transferred Assets or the Business, in respect of any Tax, and
there is no matter under discussion with any federal, state or local taxing authority relating to any Tax or assessment or any claim for additional Tax, asserted by any such authority against Seller for any Taxes primarily relating to the
Transferred Assets or the Business. 
  

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 (c) With respect to the Business and the Transferred Assets, (i) Seller has filed or caused to be
filed in a timely manner (within any applicable extension periods), all Tax Returns with respect to any Tax which is required to be filed by or on behalf of Seller relating to the Transferred Assets; (ii) each such Tax Return is true, correct
and complete in all material respects and (iii) all Taxes which have become due by or with respect to Seller have been timely paid in full. 
 (d) With respect to the Business and the Transferred Assets, no claim has ever been made by a Governmental Authority in a jurisdiction where Seller does not file Tax Returns that Seller is or may be subject to taxation by the Governmental
Authority. 
 (e) Seller has withheld or collected and paid over to the appropriate Governmental Authority or is properly holding for such
payment all taxes required by Law to be withheld or collected in connection with the operation of the Business and the Transferred Assets (including withholding of Taxes pursuant to Sections 1441, 1442, 1445 and 1446 of the Code or similar
provisions under any foreign laws). 
 (f) Seller has not waived any statute of limitations in respect of Taxes or agreed to any extension of
time with respect to a Tax assessment or deficiency relating to the Business and Transferred Assets. 
 Section 3.14. No Other
Liabilities. Except for the Assumed Liabilities, there is no Seller debt, liability or obligation of any kind, whether accrued, absolute, contingent or otherwise, whether due or to become due and whether or not the amount thereof is readily
ascertainable, that will become a liability or obligation of Buyer following the Closing. 
 Section 3.15. Complete Copies. The
copies of all instruments, Contracts, other documents and written information delivered by or on behalf of Seller to Buyer in connection with this Agreement are complete and correct in all material respects. 
 Section 3.16. Solvency. Seller is not now insolvent and will not be rendered insolvent by the transactions contemplated by this Agreement.

 Section 3.17. No Other Representations or Warranties. EXCEPT AS SPECIFICALLY AND EXPRESSLY SET FORTH IN THIS AGREEMENT OR THE
TRANSACTION DOCUMENTS, (A) SELLER MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, RELATING TO THE TRANSFERRED ASSETS, THE ASSUMED LIABILITIES OR THE BUSINESS, INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATION OR
WARRANTY AS TO VALUE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR FOR ORDINARY PURPOSES, OR ANY OTHER MATTER, (B) SELLER MAKES NO, AND HEREBY DISCLAIMS ANY, OTHER REPRESENTATION OR WARRANTY REGARDING THE TRANSFERRED ASSETS, THE ASSUMED
LIABILITIES OR THE BUSINESS AND (C) THE TRANSFERRED ASSETS, THE ASSUMED LIABILITIES, AND THE BUSINESS BEING TRANSFERRED TO BUYER ARE CONVEYED ON AN “AS IS, WHERE IS” BASIS, AND BUYER SHALL RELY UPON ITS OWN EXAMINATION THEREOF.

  

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 ARTICLE IV 
 REPRESENTATIONS AND WARRANTIES OF BUYER 
 Except as set forth in Buyer’s disclosure
schedule delivered to Seller by Buyer at or prior to Closing (which indicates the specific subsection of this Article IV to which each disclosure or exception is made), Buyer represents and warrants to Seller as follows: 
 Section 4.1. Organization and Authority of Buyer. Buyer has been duly incorporated, is validly existing and is in good standing under the laws
of the State of Delaware. Buyer has the full corporate power and authority to enter into this Agreement and the Transaction Documents and to perform its obligations hereunder and thereunder. The execution and delivery of and performance of the
obligations under this Agreement and the Transaction Documents have been duly authorized by Buyer. This Agreement has been, and the Transaction Documents will be, at the time of their respective execution and delivery, duly executed and delivered by
Buyer and constitutes, or will constitute, at the time of their respective execution and delivery, legal, valid and binding agreements of Buyer, enforceable in accordance with their respective terms, subject to bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles, and no other proceedings on the part of Buyer are necessary to authorize this
Agreement or the Transaction Documents and the consummation of the transactions contemplated hereby or thereby. 
 Section 4.2. No
Conflict. Neither the execution and delivery of this Agreement and the Transaction Documents nor compliance by Buyer with their terms and provisions will, directly or indirectly, (a) violate any provision of the certificate of incorporation
or by-laws or other similar organizational document of Buyer; (b) violate any law, statute or regulation or any injunction, order or decree of any Governmental Authority to which Buyer is subject except, in all cases, such violations that would
that not prohibit or materially impair Buyer’s ability to perform its obligations under this Agreement or a Transaction Document, or (c) result in any breach of, or constitute a default (or event which with the giving of notice or lapse of
time, or both, would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any encumbrance on Buyer. 
 Section 4.3. Consents and Approvals. The execution, delivery and performance of this Agreement and the Transaction Documents by the Buyer do
not and will not require any consent, approval, authorization or other action by, or filing with or notification to, any Governmental Authority, except (a) where the failure to obtain such consent, approval, authorization or action, or to make
such filing or notification, would not prevent or materially delay the consummation by Buyer of the transactions contemplated by this Agreement and the Transaction Documents and (b) as may be necessary as a result of facts or circumstances
relating solely to Seller. 
 Section 4.4. Brokers and Finders. Buyer has not engaged any broker, finder or investment banker or
incurred any liability for any brokerage, finder’s or other fee or commission in connection with the origin, negotiation or execution of this Agreement or any of 

  

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the transactions contemplated by this Agreement or the Transaction Documents, except for such Persons, the fees and expenses of which will be paid by Buyer.

 Section 4.5. Financial Capability. Buyer has or will have sufficient funds or capital commitments in place to purchase the
Business and the Transferred Assets on the terms and conditions contained in this Agreement. Buyer is not, and on the Closing Date will not be, insolvent. 
 Section 4.6. Litigation. There is no action, suit, proceeding at law or in equity by any Person, or any arbitration or any administrative or other proceeding by or before (or to Buyer’s knowledge, any
investigation by) any governmental or other instrumentality or agency, pending or, to Buyer’s knowledge, threatened, against Buyer relating to the transactions contemplated hereby. Buyer is not subject to any judgment, order or decree entered
in any lawsuit or proceeding relating to the transactions contemplated hereby. 
 ARTICLE V 
 CERTAIN COVENANTS OF SELLER AND BUYER 
 Section 5.1. Governmental Matters. 
 (a) Seller and Buyer will cooperate and use commercially reasonable efforts to make
on a timely basis all registrations, filings and applications, to give all notices and to obtain any governmental transfers, approvals, orders, qualifications and waivers necessary or desirable from Governmental Authorities for the consummation of
the transactions contemplated hereby, including, without limitation, those matters referred to in Section 2.6(c); provided, however, that neither Seller nor any of its Affiliates shall be required to make any material monetary
expenditure, commence or be a plaintiff in any litigation or offer or grant any material accommodation (financial or otherwise) to any Person. 
 (b) Buyer agrees to (i) diligently pursue the AAAE Certification and to promptly pay any fees required in connection therewith and (ii) satisfy any insurance requirements imposed by DHS in connection with the transfer of
Seller’s Safety Act Certification to Buyer. 
 (c) Seller agrees to maintain its Safety Act Certification from the date hereof through
the period during which the application to DHS to transfer it to Buyer is pending. 
 Section 5.2. Conduct of Business. From the
date hereof through the Closing, except as contemplated by this Agreement, as set forth in Schedule 5.2 or with Buyer’s prior written consent (which consent or approval shall not be unreasonably withheld or delayed), Seller shall
(i) operate the Business in the ordinary course and (ii) use its commercially reasonable efforts to preserve and maintain its relationships with the customers and suppliers of the Business, and, without limiting the generality of the
foregoing, Seller shall not take any of the following actions from the date hereof through the Closing with respect to the Business: 
 (i) extend, materially modify, terminate or renew any Assumed Lease, Assumed License or Assumed Contract; 
  

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 (ii) sell, assign, transfer, convey, lease, mortgage, pledge or otherwise dispose of or
encumber any material Transferred Assets, or any interests therein; or 
 (iii) fail to comply in any material respect with
Laws applicable to the Business. 
 Section 5.3. Access to Books and Records and Personnel. For a period of seven years following
the Closing Date (or such longer period as may be required by any Governmental Authority or legal proceeding), Buyer shall not dispose of or destroy any of the Books and Records, or, if Buyer wishes to do so, Buyer shall first notify Seller and give
Seller a reasonable opportunity to take possession of such Books and Records. Buyer shall allow Seller, and any of its directors, officers, employees, counsel, representatives, accountants and auditors, reasonable access to all Books and Records
that are transferred to it in connection herewith, which are reasonably required by Seller for litigation, accounting, regulatory or tax matters, during regular business hours and upon reasonable notice, and Seller shall have the right to make
copies of any such records and files, subject to appropriate confidentiality restrictions. In addition, after the Closing, Seller shall provide to Buyer access, during regular business hours and upon reasonable notice, to such accounting, financial
and other books and records of Seller that are reasonably required by Buyer in connection with Buyer’s reporting obligations under applicable accounting, regulatory, or tax Laws. 
 Section 5.4. Cooperation. Seller and Buyer shall provide each other, as promptly as practicable, with such assistance as may reasonably be
requested by them in connection with the preparation of any Tax return, any Tax audit or other examination by any taxing authority, or any judicial or administrative proceedings related to liability for Taxes. Seller and Buyer shall retain and
provide each other with any records or information that may be relevant to such preparation, refund claim, audit, examination, proceeding or determination. Buyer and Seller, upon request, shall each use commercially reasonable efforts to obtain any
certificate or other document from any taxing authority, or customer or any other person as may be necessary properly to mitigate, reduce or eliminate any Taxes (including related interest and penalties) that would otherwise be imposed with respect
to the transactions contemplated hereby. 
 Section 5.5. Payments Received. Any payments received by Buyer after the Closing that
relate to the Excluded Assets shall be promptly delivered to Seller. Any payments received by Seller after the Closing that relate to the Transferred Assets shall be promptly delivered to Buyer. 
 Section 5.6. Non-Solicitation; Non-Compete. 
 (a) For a period of two (2) years from the Closing Date, neither party nor such party’s Affiliates will, directly or indirectly, solicit the employment of, hire, or retain as a consultant, any employee of
the other party or any Affiliate of such other party who was or is involved in the Business without the prior written consent of such other party. Generalized searches for employees, not directed towards such employees, through the use of
advertisements in the media, Web site job postings, or through the engagement of firms to conduct searches, shall not constitute solicitation for purposes of this Section 5.6. 
  

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 (b) (i) For a period beginning at the Effective Time and ending on December 31, 2015, neither Seller
nor any of Seller’s Affiliates shall engage, directly or indirectly, in a business that designs solutions for and/or operates a program in the Field of Use (a “Competitive Business”) anywhere in the United States without the prior
written consent of Buyer. 
 (ii) Each of the following activities, without limitation, shall be deemed to constitute
“engaging in” a business: to engage in, carry on, work with, be employed by, consult for, solicit customers for, have an equity interest in, advise, lend money to, guarantee the debts or obligations of, sell or license Intellectual
Property to, or permit one’s name or any part thereof to be used in connection with, such business. 
 (iii) “Field
of Use” means any one of the following programs alone or in combination with another: 
 (A) The TSA’s (or any
successor agency’s or department’s) Registered Traveler (RT) program (and any successor program) that provides secure access and/or expedited security screening for passengers using an RT card or other medium or method, as such RT program
exists as of the Closing Date and as such RT program expands over time; 
 (B) Programs that use the RT Central Information
Management System (CIMS) (or any successor or substantially similar system) operated by the American Association of Airport Executives (or any successor association or entity or a substantially similar association or entity) to process enrollments
by passengers to a program directed at facilitating secure access and/or expedited security screening; and; 
 (C) Any other
program that is a natural extension of the RT program or such other program described in (B) above to any mode of transportation or travel (e.g., air, train, bus, cruise ship, etc.) for which a natural person pays a fee to the service provider
to participate in the program. 
 The Field of Use shall not include secure access and/or expedited security screening programs deployed and
operated (as opposed to administered and overseen) by or on behalf of a Governmental Authority. 
 (c) Notwithstanding the provisions of this
Section 5.6, (i) ownership by Seller or any of its Affiliates of securities having no more than ten percent (10%) of the outstanding voting power of any Competitive Business which are listed on any national securities exchange,
(ii) the acquisition by Seller or any of its Affiliates (by merger, acquisition of assets or stock, consolidation or other business combination) of a Person that is engaged in a Competitive Business, provided that the Competitive Business is
not a material part of such Person’s business, (iii) working with, consulting for, advising or otherwise engaging in business with a Person that is engaged in a Competitive Business as well as in other business activities, provided that
the engagement by Seller with such Person is related only to a business activity of such Person other than the Competitive Business, or (iv) any engagement with any Person if such 
  

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 engagement is unrelated to the Field of Use, shall not be deemed to be in violation of this Section 5.6. 

(d) Seller agrees that the terms and time period provided for, and the geographical area encompassed by, the covenants contained in this
Section 5.6 are necessary and reasonable in order to protect Buyer in the conduct of the Business and the utilization of the Transferred Assets, and that in the event any covenant or other provision contained herein shall be deemed to be
illegal, unenforceable or unreasonable by a court or other tribunal of competent jurisdiction with respect to any part of the time period provided for or the geographical area encompassed by such covenant or provision, each of the parties hereto
agrees and submits to the reduction of said time period or territorial restriction to such time period or area as said court shall deem reasonable. Seller further agrees and acknowledges that remedies at law for any breach of its obligations under
this Section 5.6 are inadequate and that in addition thereto Buyer shall be entitled to seek equitable relief, including injunction and specific performance, in the event of any such breach without the necessity to post any bond. 
 Section 5.7. Further Assurances; Notification. Each party will cooperate with the other party and will execute and deliver to the other party
such other instruments and documents and take such other actions as the other party may reasonably request from time to time in order to carry out, evidence and confirm the intended purposes of this Agreement. Each of Seller and Buyer shall give
prompt notice to the other of the occurrence or failure to occur of an event that would cause any condition to the consummation of the transactions contemplated hereby not to be satisfied. 
 Section 5.8. Public Announcements. Except as may be required by Law or stock market regulations, (i) the first press release announcing
the transactions contemplated hereby shall be issued only in such form and at such time as shall be mutually agreed upon by Buyer and Seller and (ii) Buyer and Seller shall each use reasonable efforts to consult with the other party before
issuing any other press release or otherwise making any public statement with respect to such transactions or this Agreement, provided, however, that the parties may disclose information contained in the first press release without additional
consultation. 
 Section 5.9. Contract Matters. Buyer and Seller shall use their respective commercially reasonable best efforts,
and cooperate with each other, to obtain as promptly as practicable all consents, novations or waivers from third parties required in order to consummate the transactions contemplated by this Agreement. 
 Section 5.10. Confidentiality. The Confidentiality Agreement shall remain in full force and effect until and after the Closing in accordance
with its terms, provided that after the Closing, Buyer shall not be obligated thereunder to treat as confidential any information relating primarily to the Business, the Transferred Assets or the Assumed Liabilities. Notwithstanding the foregoing or
any terms of the Confidentiality Agreement to the contrary, Buyer shall be permitted to publicly file copies and written summaries of this Agreement and the Transaction Documents with the Securities and Exchange Commission as necessary or
appropriate to comply with its obligations under the U.S. federal securities laws. From and after the Closing, Seller shall, and shall cause its officers, directors, employees and Affiliates to, keep 

  

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confidential and not disclose to any other Person any trade secrets or other confidential or proprietary information in their possession or control related
exclusively to the Business or related to the Transferred Assets, including without limitation the source code for the Assigned Programs and all related documentation (the “Buyer Confidential Information”) and shall treat all such trade
secrets and other confidential and proprietary information with the same degree of care as Seller accords to Seller’s own confidential information, but not less than reasonable care. Seller shall disclose the Buyer Confidential Information only
to those of its employees and contractors who have a need to know the Buyer Confidential Information. Seller certifies that each such employee will have agreed, either as a condition of employment or in order to obtain the Buyer Confidential
Information, to be bound by terms and conditions substantially similar to those terms and conditions applicable to Seller in this Section. Seller shall immediately give written notice to Buyer of any unauthorized use or disclosure of any Buyer
Confidential Information. The obligation of Seller under this Section 5.10 shall not apply to information which Seller can show (i) is or becomes generally available to the public without breach of the commitment provided for in this
Section 5.10 or (ii) is required to be disclosed by law, order or regulation of a court or tribunal or governmental authority; provided, however, that, in any such case (x) Seller shall notify Buyer as early as reasonably practicable
prior to disclosure to allow Buyer to take appropriate measures to preserve the confidentiality of Buyer Confidential Information, (y) Seller shall take all steps reasonably necessary to minimize the amount of Buyer Confidential Information to
be disclosed and (z) any such disclosure shall not be considered to be a waiver of confidentiality for other purposes. A breach of this Section will cause irreparable and continuing damage to Buyer for which money damages are insufficient, and
Buyer shall be entitled to injunctive relief and/or a decree for specific performance, and such other relief as may be proper (including money damages if appropriate). The terms in this Section shall continue in perpetuity notwithstanding anything
to the contrary in this Agreement or in the Confidentiality Agreement. In the event of any conflict between the terms in this Section and the terms in the Confidentiality Agreement, the terms in this Section shall control. 
 Section 5.11. Unisys Name. Buyer acknowledges and agrees that neither this Agreement nor the sale of the Transferred Assets grants Buyer any
right, title or interest whatsoever in or to the Unisys mark or logo, and, except with the prior written consent of Seller, Buyer shall not use the Unisys mark or logo in the conduct of the Business following the Closing, except that Buyer may make
such references to Seller as are necessary or appropriate in connection with regulatory filings and disclosures. 
 Section 5.12.
Notification to Members. Promptly after the date of this Agreement, Seller shall notify participants in its Registered Traveler program of the transfer of the Transferred Assets to Buyer. Such notice will provide that if the participant does
not object within 14 days to the transfer of such participant’s Personal Information, the participant will be deemed to have consented to such transfer. Seller will refund a pro rata portion of the participant’s membership fees to any
participant who objects to the transfer of such participant’s Personal Information and will not transfer any of that participant’s Personal Information to Buyer. 
 Section 5.13. Tax Matters. Seller shall cause to be prepared and filed all corporation income or franchise Tax Returns required to be filed
with respect to Seller for taxable periods ending prior to or on the Closing Date and including amended returns, 

  

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applications for loss carryback refunds and applications for estimated Tax Refunds (all such income and franchise Tax Returns, amended returns and refund
applications are referred to as the “Prior Period Returns”). The Prior Period Returns shall be prepared, where relevant, in a manner consistent with Seller’s past practices except as otherwise required by applicable law. Buyer
shall make available to Seller (and to Seller’s accountants and attorneys) any and all books and records and other documents and information in its possession or control relating to Seller reasonably requested by Seller to prepare the Prior
Period Returns. Buyer shall be responsible for all Taxes for the period after the Closing Date. 
 ARTICLE VI 
 CONDITIONS TO THE PURCHASE AND SALE 
 Section 6.1. Conditions to the Purchase and Sale Relating to Buyer. The obligation of Buyer at the Closing to consummate the transactions contemplated hereby shall be subject to the satisfaction or waiver by Buyer on or prior to
the Closing Date of each of the following conditions: 
 (a) The representations and warranties of Seller set forth in this Agreement that are
qualified by reference to any materiality qualifier shall be true and correct in all respects and all such representations and warranties not so qualified shall be true and correct in all material respects, in each case, as of the date of this
Agreement and as of the Closing as though made on and as of such date and time (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall be true and
correct only as of such earlier date). 
 (b) Each of the covenants of Seller to be performed on or prior to the Closing Date (disregarding
any materiality qualifiers therein) shall have been duly performed in all material respects. 
 (c) There shall not have been issued and be
in effect any order, decree or judgment of any court or tribunal of competent jurisdiction that makes the consummation of the purchase and sale of the Transferred Assets illegal. 
 (d) The lessor under the Assumed Lease shall have consented to the transfer of the Assumed Lease to Buyer. 
 (e) Buyer shall have obtained its AAAE Certification. 
 (f) DHS shall have approved the transfer of Seller’s Safety Act Certification to Buyer. 
 (g) Seller
shall have provided to Buyer evidence of the release, concurrently with the Closing, of the Encumbrances set forth on Schedule 3.7(b). 
  

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 Section 6.2. Conditions to the Purchase and Sale Relating to Seller. The obligation of Seller
at the Closing to consummate the transactions contemplated hereby shall be subject to the satisfaction or waiver by Seller on or prior to the Closing Date of each of the following conditions: 
 (a) Each of the representations and warranties of Buyer contained in this Agreement shall be true and correct in all material respects when made and as of
the Closing Date, with the same effect as though such representations and warranties had been made on and as of the Closing Date (except (i) that representations and warranties that are made as of a specific date need be true and correct in all
material respects only as of such date and (ii) as contemplated or permitted by this Agreement to change between the date of this Agreement and the Closing Date). 
 (b) Each of the covenants of Buyer to be performed on or prior to the Closing Date (disregarding any materiality qualifiers therein) shall have been duly performed in all material respects. 
 (c) There shall not have been issued and be in effect any order, decree or judgment of any court or tribunal of competent jurisdiction which makes the
consummation of the purchase and sale of the Transferred Assets illegal. 
 (d) The lessor under the Assumed Lease shall have consented to
the transfer of the Assumed Lease to Buyer. 
 (e) Buyer shall have obtained its AAAE Certification. 
 (f) DHS shall have approved the transfer of Seller’s Safety Act Certification to Buyer. 
 ARTICLE VII 
 AMENDMENT AND WAIVER 
 Section 7.1. Amendment and Modification. This Agreement may be amended or modified only in writing, signed by Seller and Buyer. 

Section 7.2. Waiver. Either Seller or Buyer may (i) extend the time for the performance of any of the obligations or other acts of
the other party hereto, (ii) waive any inaccuracies in the representations and warranties of the other party contained herein or in any document delivered pursuant hereto, and (iii) waive compliance with any of the agreements or conditions
of the other party contained herein. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in a written instrument executed by the party granting such extension or waiver. No failure or delay by
any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or
privilege. 
  

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 ARTICLE VIII 
 SURVIVAL AND INDEMNIFICATION 
 Section 8.1. Survival of Representations and
Warranties. 
 (a) The representations and warranties made by Seller or Buyer herein or in any certificate delivered pursuant hereto shall
in no manner be limited by any investigation of the subject matter thereof made by or on behalf of either party and shall survive the Closing and continue in full force and effect until 5:00 p.m. Pacific Time on the date that is eighteen
(18) months after the Closing Date; provided, however, that (i) the representations set forth in Sections 3.1 (Organization and Authority of Seller), 3.2 (clause (a) only)(No Conflicts), 4.1 (Organization and
Authority of Buyer) and 4.2 (clause (a) only)(No Conflicts) shall survive the Closing indefinitely and (ii) the representations set forth in Sections 3.7 (Title), 3.10 (Privacy) and 3.13 (Taxes) shall survive until the expiration of the
applicable statute of limitations, if later (the “Indemnification Period”). In the event that any claim for indemnification under this Article VIII shall have been given within the applicable Indemnification Period, the
representations and warranties that are the subject of such indemnification claim shall survive until such time as such claim is finally resolved. 
 (b) The obligations of Seller to indemnify Buyer Indemnified Parties for any Losses pursuant to Section 8.2(a)(i) hereof is subject to the condition that Seller shall have received a Claim Notice for all such Losses for which such
indemnity is sought prior to the expiration of the Indemnification Period. For purposes of this Agreement, a “Claim Notice” relating to a particular representation or warranty shall be deemed to have been given if a Buyer
Indemnified Party, acting in good faith, delivers to Seller a written notice stating that such Buyer Indemnified Party believes that there is or has been or is likely to be a possible breach of such representation or warranty and containing
(i) a brief description of the circumstances supporting such Buyer Indemnified Party’s belief that there is or has been or is likely to be such a possible breach and (ii) a non-binding, preliminary estimate of the aggregate dollar
amount of the actual and potential Losses that have arisen and may arise as a result of such possible breach. 
 Section 8.2.
Indemnification by Seller. 
 (a) Subject to the terms, conditions and limitations of this Article VIII, Seller agrees to indemnify,
defend and hold harmless Buyer Indemnified Parties from, against, and shall compensate and reimburse each Buyer Indemnified Party, in the manner described in this Article VIII, for and in respect of any and all losses, claims, damages, liabilities,
reasonable out-of-pocket costs and expenses, including reasonable legal fees and expenses (“Losses”) asserted against, relating to, imposed upon or incurred by any Buyer Indemnified Party by reason of, resulting from, based upon or
arising out of, whether directly or indirectly, (i) the breach of any representation or warranty of Seller contained in or made pursuant to this Agreement or any certificate delivered by Seller in connection with this Agreement, (ii) the
breach of any covenant or obligation of Seller set forth in this Agreement, (iii) any liability of Seller other than the Assumed Liabilities, or (iv) any Proceeding relating to any breach, alleged breach, liability or matter of the type
referred to above (including any Proceeding commenced by any Buyer 
  

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 Indemnified Party for the purpose of enforcing any of its rights under this Article VIII) (collectively, “Buyer
Indemnifiable Losses”). 
 (b) Notwithstanding anything to the contrary contained in this Agreement, no claim for Losses shall be
made by Buyer under Section 8.2(a)(i): (i) unless Seller receives a Claim Notice during the Indemnification Period, (ii) unless the aggregate of such Losses shall exceed one hundred thousand dollars ($100,000) (at which point
Seller shall become liable for the aggregate Losses, and not just amounts in excess of one hundred thousand dollars ($100,000)), and (iii) for any Losses suffered, incurred or sustained by any Buyer Indemnified Party or to which any of them
becomes subject to the extent such Losses arise from or were caused by Buyer’s breach of any covenant or obligation of Buyer set forth in this Agreement. 
 (c) Notwithstanding anything to the contrary contained in this Article VIII, the aggregate liability of Seller hereunder for any breaches of any representation or warranty under Article III hereof shall not
exceed two million dollars ($2,000,000). 
 Section 8.3. Indemnification by Buyer. 
 (a) Subject to the terms, conditions and limitations of this Article VIII, Buyer agrees to indemnify, defend and hold harmless Seller Indemnified Parties
from, against, and shall compensate and reimburse each Seller Indemnified Party, in the manner described in this Article VIII, for and in respect of any and all Losses asserted against, relating to, imposed upon or incurred by any Seller Indemnified
Party by reason of, resulting from, based upon or arising out of, whether directly or indirectly, (i) the breach of any representation or warranty of Buyer contained in or made pursuant to this Agreement or any certificate delivered by Buyer in
connection with this Agreement, (ii) the breach of any covenant or obligation of Buyer set forth in this Agreement, (iii) the Assumed Liabilities, or (iv) any Proceeding relating to any breach, alleged breach, liability or matter of
the type referred to above (including any Proceeding commenced by any Seller Indemnified Party for the purpose of enforcing any of its rights under this Article VIII) (collectively, “Seller Indemnifiable Losses”). 
 (b) Notwithstanding anything to the contrary contained in this Agreement, no claim for Losses shall be made by Seller under
Section 8.3(a)(i): (i) unless Buyer receives a Claim Notice during the Indemnification Period, (ii) unless the aggregate of such Losses shall exceed one hundred thousand dollars ($100,000) (at which point Buyer shall become
liable for the aggregate Losses, and not just amounts in excess of one hundred thousand dollars ($100,000)), and (iii) for any Losses suffered, incurred or sustained by any Seller Indemnified Party or to which any of them becomes subject to the
extent such Losses arise from or were caused by Seller’s breach of any covenant or obligation of Seller set forth in this Agreement. 
 (c) Notwithstanding anything to the contrary contained in this Article VIII, the aggregate liability of Buyer hereunder for any breaches of any representation or warranty under Article IV hereof shall not exceed two million dollars
($2,000,000). 
 Section 8.4. Third Party Claims. Should any claim be made, or suit or Proceeding (including, without limitation,
a binding arbitration or an audit by any taxing authority) be instituted against a Buyer Indemnified Party or Seller Indemnified Party that, if 

  

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prosecuted successfully, would be a matter for which a Buyer Indemnified Party or a Seller Indemnified Party is entitled to indemnification under this
Agreement (a “Third Party Claim”), the obligations and liabilities of the parties hereunder with respect to such Third Party Claim shall be subject to the following terms and conditions: 
 (a) The Indemnified Party shall give the Indemnifying Party written notice of any such Third Party Claim promptly after receipt by such Indemnified Party
of notice thereof. Any delay in giving notice hereunder that does not materially prejudice the Indemnifying Party shall not affect the Indemnified Party’s rights to indemnification hereunder. The Indemnifying Party may, at its option,
(i) undertake control of the defense thereof by counsel of its own choosing, or (ii) decline to assume control of but participate in the defense thereof. If the Indemnifying Party assumes control of the defense thereof, the Indemnified
Party may participate in the defense through its own counsel at its own expense. If the Indemnifying Party declines to control but elects to participate in the defense thereof, the Indemnified Party may control the defense and have its expenses
promptly reimbursed by the Indemnifying Party. Notwithstanding the foregoing, if there exists or is reasonably likely to exist a conflict of interest that would make it inappropriate in the reasonable judgment of the Indemnified Party (upon and in
conformity with advice of counsel) for the same counsel to represent both the Indemnified Party and the Indemnifying Party, or the Indemnifying Party shall not have retained counsel to represent the Indemnified Party within a reasonable time after
notice of the institution of such Third Party Claim, the Indemnified Party shall be entitled to retain its own counsel in each jurisdiction for which the Indemnified Party so determines counsel is required and have its expenses promptly reimbursed
by the Indemnifying Party. An election to assume the defense of such Third Party Claim shall not be deemed an admission that the Indemnifying Party is liable to the Indemnified Party in respect of such Third Party Claim. 
 (b) Seller and Buyer shall cooperate with each other in all reasonable respects in connection with the defense of any Third Party Claim, including making
available records relating to such claim and furnishing employees as may be reasonably necessary for the preparation of the defense of any such Third Party Claim or for testimony as witness in any proceeding relating to such claim. 
 (c) Unless an Indemnifying Party has failed to fulfill its obligations under this Article VIII, no settlement by an Indemnified Party of a Third Party
Claim shall be made without the prior written consent by or on behalf of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed. If the Indemnifying Party has assumed the defense of a Third Party Claim as contemplated by
Section 8.4(a), the Indemnifying Party may settle such Third Party Claim so long as terms includes full release of all claims against the Indemnified Party. 
 Section 8.5. Insurance Proceeds. If an Indemnified Party receives insurance proceeds for a claim as a result of Losses, relating to a matter for which the Indemnified Party has also been indemnified
hereunder, such Indemnified Party shall promptly pay the amount of such insurance proceeds to the Indemnifying Party, up to the amount previously paid by such Indemnifying Party to such Indemnified Party as indemnification hereunder in relation to
such matter, or if such Indemnifying Party has not yet satisfied the indemnification claim of the Indemnified Party, the amount such Indemnifying Party is obligated to pay the Indemnified Party 
  

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 with respect to such matter shall be reduced by the amount of such insurance proceeds that such Indemnified Party has
received. 
 Section 8.6. Exclusive Remedy. Nothin contained in this Article VIII shall limit any remedy to which either Seller
or Buyer may be entitled against the other for fraud or intentional misrepresentation. In the absence of such fraud or intentional misrepresentation, the indemnification rights of the parties under this Article VIII shall be the parties’
exclusive rights and remedies at law hereunder but are independent of and in addition to any equitable rights or remedies available to the parties. 
 Section 8.7. No Consequential Damages. Notwithstanding anything to the contrary contained herein, no Indemnifying Party shall be liable to or otherwise responsible to any Indemnified Party for indirect, special consequential,
incidental, unforeseen or punitive damages or for diminution in value that arise out of or relate to this Agreement or the performance or breach thereof or any liability retained or assumed hereunder. 
 Section 8.8. Treatment of Indemnification Payments. Any payments made pursuant to this Article VIII shall be treated by Seller and Buyer as
an adjustment to the Purchase Price, and Seller and Buyer agree not to take any position inconsistent therewith for any purpose. 
 Section 8.9. No Set-Off. Neither Buyer nor Seller shall have any right to set-off any Losses (including indemnification obligations under this Article VIII) against any payments to be made by either of them pursuant to this
Agreement, the Transaction Documents, or otherwise. 
 ARTICLE IX 
 MISCELLANEOUS 
 Section 9.1. Termination. This Agreement may
be terminated at any time prior to the Closing: 
 (a) by written agreement of Buyer and Seller; 
 (b) by either Buyer or Seller if the Closing Date shall not have occurred on or before December 31, 2007; provided, however, that the right to
terminate this Agreement pursuant to this Section 9.1(b) shall not be available to any party whose failure to fulfill any obligation under this Agreement shall have been the principal cause of the failure of the Closing Date to have occurred on
or prior to such date or of such condition not to be satisfied. 
 Section 9.2. Effect of Termination. In the event of
termination of this Agreement pursuant to Section 9.1, (i) all obligations of the parties hereunder shall terminate, provided, however that notwithstanding anything to the contrary herein, this Section 9.2, and Sections 9.3, 9.10 and
9.11 hereof shall survive such a termination, and neither party shall be relieved from liability for any breach of its obligations hereunder prior to such termination and the applicable provisions of and limitations in Article VIII shall apply to
any claim for such liability, and (b) all filings, applications and other submissions made in furtherance of the 
  

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 transactions contemplated by this Agreement shall, to the extent practicable, be withdrawn from the Person to which made.

 Section 9.3. Return of Information. If for any reason whatsoever the transactions contemplated by this Agreement are not
consummated, Buyer shall upon request from Seller promptly return to Seller all books, records and documents (including all copies, if any, thereof) furnished by Seller, or any of its agents, employees, or representatives, and shall not use or
disclose the information contained in such books, records or documents for any purpose or make such information available to any other entity or person. 
 Section 9.4. Expenses. Except as set forth in Section 2.7 or as otherwise agreed by the parties in writing, the parties shall bear their own respective expenses (including, but not limited to, all
compensation and expenses of counsel, financial advisors, consultants, actuaries and independent accountants) incurred in connection with the preparation and execution of this Agreement and consummation of the transactions contemplated hereby.

 Section 9.5. Assignment. Neither party may assign or delegate this Agreement or any of its rights or obligations hereunder.
Any attempted assignment or delegation in contravention hereof shall be null and void. 
 Section 9.6. Entire Agreement. Except
as otherwise contemplated herein, this Agreement and the Transaction Documents (a) constitute the entire agreement and supersede all prior agreements and understandings, both written and oral, among the parties, with respect to the subject
matter hereof (other than the Confidentiality Agreement); and (b) are not intended to confer upon any other persons any rights or remedies hereunder. The parties acknowledge that both Buyer and Seller participated in the drafting of this
Agreement and the Transaction Documents and agree that any rule of law or any legal decision that may or would require interpretation of any alleged ambiguities in this Agreement or the Transaction Documents against the party that drafted it has no
application and is expressly waived. In the event of a conflict or inconsistency between the terms of this Agreement (including the representations, warranties, covenants and indemnification provisions hereof) and the terms of any other documents
delivered or required to be delivered in connection with the consummation of the transactions contemplated by this Agreement, the parties acknowledge and agree that the terms of this Agreement shall supersede such conflicting or inconsistent terms
(including by way of illustration and not limitation, an instance where a warranty in a deed of transfer imposes, implicitly or explicitly, greater obligations on the grantor than are imposed by the terms of this Agreement) in such other documents
and the terms of this Agreement shall define the rights and obligations of the parties and their respective officers, directors, employees, stockholders and Affiliates with respect to the subject matter of such conflict or inconsistency. 

Section 9.7. Schedules. The inclusion of any matter in any Schedule to this Agreement shall be deemed to be an inclusion for all purposes
of this Agreement, including each representation and warranty to which it may relate, but inclusion therein shall expressly not be deemed to constitute an admission by Seller or Buyer or otherwise imply that any such matter is material, has a
Material Adverse Effect or creates a measure for, or further defines the meaning of, materiality or Material Adverse Effect and their correlative terms for the purposes of this Agreement. 
  

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 Section 9.8. Counterparts. This Agreement and any amendments hereto may be executed in one or
more counterparts, each of which shall be deemed to be an original, but all of which shall be considered one and the same instrument. This Agreement shall become effective when each party hereto shall have received counterparts thereof signed by all
the other parties hereto. Execution may be accomplished by delivery of original or facsimile copies of the signature pages hereto or scanned copies of the signature pages in Adobe Acrobat PDF format. 
 Section 9.9. Section Headings. The section and paragraph headings contained in this Agreement are for reference purposes only and shall not
in any way affect the meaning or interpretation of this Agreement. 
 Section 9.10. Notices. All notices hereunder shall be
deemed given if in writing and delivered personally or sent by facsimile transmission or by registered or certified mail (return receipt requested) to the parties at the following addresses (or such other addresses as shall be specified by like
notice): 
 (a) if to Seller, to: 
 Unisys Corporation 
 Unisys Way 
 Blue Bell, PA 19424 
 Attention: Treasurer 
 Facsimile: (215) 986-3889 
 With a copy to:

 Unisys Corporation 
 Unisys
Way 
 Blue Bell, PA 19424 
 Attention: General Counsel 
 Facsimile: (215) 986-0624 
 (b) if to Buyer, to: 
 FLO Corporation

 12413 Willows Road NE, Suite 300 
 Kirkland, WA 98034 
 Attention: President 
 Facsimile: (425) 278-1299 
 With a copy to: 
 DLA Piper US LLP 
 701 Fifth Avenue, Suite
7000 
 Seattle, WA 98104 
 Attention: W. Michael Hutchings, Esq. 
 Facsimile: (206) 839-4801 
  

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 Any notice given by mail shall be effective when received. Any notice given by facsimile transmission
shall be effective when the appropriate facsimile transmission acknowledgment is received. 
 Section 9.11. Governing Law;
Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without reference to the choice of law principles thereof. Each party irrevocably and unconditionally submits to the
jurisdiction of the federal or state court in the State of Delaware and irrevocably agrees that all actions or proceedings arising out of or relating to this Agreement or the transactions contemplated hereby shall be litigated exclusively in such
courts. In furtherance of the foregoing, each of the parties (i) waives the defense of inconvenient forum, (ii) agrees not to commence any suit, action or other proceeding arising out of this Agreement or any transactions contemplated
hereby other than in any such court, and (iii) agrees that a final judgment in any such suit, action or other proceeding shall be conclusive and may be enforced in other jurisdictions by suit or judgment or in any other manner provided by law.
Each party consents to process being served in any such action or proceeding by mailing a copy by registered or certified mail. THE PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT SUCH PARTIES MAY HAVE TO A TRIAL BY JURY WITH
RESPECT TO ANY SUIT OR ACTION ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. THE BUYER HEREBY CERTIFIES THAT NEITHER SELLER NOR ANY OF ITS REPRESENTATIVES HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SELLER WOULD NOT SEEK TO
ENFORCE THIS WAIVER OF RIGHT TO JURY TRIAL. FURTHER, THE BUYER ACKNOWLEDGES THAT SELLER RELIED ON THIS WAIVER OF RIGHT TO JURY TRIAL AS A MATERIAL INDUCEMENT TO SELLER TO ENTER INTO THIS AGREEMENT. 
 Section 9.12. Illegality. In case any provision in this Agreement shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
  

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 IN WITNESS WHEREOF, this Agreement has been signed on behalf of each of the parties hereto as of the date
first above written. 
  

			
	 FLO CORPORATION
  

		
	By	 	 /s/

	Name:	 	Glenn Argenbright
	Title:	 	Chief Executive Officer and President
	
	UNISYS CORPORATION
		
	By	 	 /s/

	Name:	 	
	Title:

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