Document:

EX-4.3

 Exhibit 4.3 

REGISTRATION RIGHTS AGREEMENT 

DATED AS OF 
 [—], 2014 
 AMONG 

DAVE & BUSTER’S ENTERTAINMENT, INC. 

AND 
 THE STOCKHOLDERS
PARTY HERETO 

 Table of Contents 

 

							
	 	 	 	  	Page	 
		
	 ARTICLE 1          REGISTRATION RIGHTS
	  	 	1	  
			
	 Section 1.01.
	 	Demand Registration	  	 	1	  
			
	 Section 1.02.
	 	Piggyback Registration	  	 	2	  
			
	 Section 1.03.
	 	Automatic Shelf Registrations; Shelf Take-Downs	  	 	4	  
			
	 Section 1.04.
	 	Lock-Up Agreements; Transfer Restrictions	  	 	5	  
			
	 Section 1.05.
	 	Registration Procedures	  	 	5	  
			
	 Section 1.06.
	 	Indemnification by the Company	  	 	8	  
			
	 Section 1.07.
	 	Indemnification by the Participating Stockholders	  	 	9	  
			
	 Section 1.08.
	 	Conduct of Indemnification Proceedings	  	 	9	  
			
	 Section 1.09.
	 	Contribution	  	 	10	  
			
	 Section 1.10.
	 	Participation in Public Offering	  	 	11	  
			
	 Section 1.11.
	 	Other Indemnification	  	 	11	  
			
	 Section 1.12.
	 	Cooperation by the Company	  	 	11	  
			
	 Section 1.13.
	 	S-8 Registration Following Initial Public Offering	  	 	11	  
		
	 ARTICLE 2          LEGENDS
	  	 	12	  
		
	 ARTICLE 3          DEFINITIONS
	  	 	12	  
		
	 ARTICLE 4          MISCELLANEOUS
	  	 	14	  
			
	 Section 4.01.
	 	Termination	  	 	14	  
			
	 Section 4.02.
	 	Termination of Stockholders’ Agreement	  	 	14	  
			
	 Section 4.03.
	 	Amendment and Waiver	  	 	15	  
			
	 Section 4.04.
	 	Successors and Assigns	  	 	15	  
			
	 Section 4.05.
	 	Severability	  	 	15	  
			
	 Section 4.06.
	 	Entire Agreement	  	 	15	  
			
	 Section 4.07.
	 	Counterparts; Execution by Facsimile Signature	  	 	15	  
			
	 Section 4.08.
	 	Notices	  	 	16	  
			
	 Section 4.09.
	 	Governing Law	  	 	16	  
			
	 Section 4.10.
	 	Consent to Jurisdiction	  	 	16	  
			
	 Section 4.11.
	 	Waiver of Jury Trial	  	 	17	  

  
 i 

 REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of [—], 2014, among Dave & Buster’s Entertainment, Inc., a corporation organized under the laws of the State of Delaware (the “Company”), and the Persons named on the
signature pages hereto (including any additional signatories to this Agreement after the date hereof, the “Stockholders”). 

W I T N E S S E T H: 
 WHEREAS,
the parties hereto desire to enter into this Agreement to establish certain arrangements with respect to the Company Securities owned by the Stockholders, and other related matters; and 

NOW, THEREFORE, in consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the parties hereto hereby
agree as follows: 
 ARTICLE 1 

REGISTRATION RIGHTS 

Section 1.01. Demand Registration. 

(a) If, at any time commencing six (6) months after the date of consummation of the Initial Public Offering, the Company
shall receive a written request from Oak Hill (the “Requesting Stockholder”) that the Company effect the registration under the Securities Act of all or any portion of such Requesting Stockholder’s Registrable Securities
(which shall be effected by a shelf registration if so requested by the Requesting Stockholder), and specifying the intended method of disposition thereof, then the Company shall promptly give notice of such requested registration (each such request
shall be referred to herein as a “Demand Registration”) at least fifteen (15) Business Days prior to the anticipated filing date of the registration statement relating to such Demand Registration to the Other
Stockholders holding Registrable Securities and thereupon shall use its best efforts to effect, as expeditiously as possible, the registration under the Securities Act of: 

(i) all Registrable Securities for which the Requesting Stockholder has requested registration under this Section 1.01. 

(ii) subject to the restrictions set forth in Sections 1.01(f) and 1.02, all other Registrable Securities of the same class as
those requested to be registered by the Requesting Stockholders that any Stockholders with rights to request registration under Section 1.02 (all such Stockholders, together with the Requesting Stockholders, the “Registering
Stockholders”) have requested the Company to register by request received by the Company within ten (10) Business Days after such Stockholders receive the Company’s notice of the Demand Registration, all to the extent
necessary to permit the disposition (in accordance with the intended methods thereof as aforesaid) of the Registrable Securities so to be registered. 

(b) Promptly after the expiration of the ten (10) Business Day period referred to in Section 1.01(a)(ii) hereof, the Company
will notify all Registering Stockholders of the identities 

 
of the other Registering Stockholders and the number of shares of Registrable Securities requested to be included therein. At any time prior to the effective date of the registration statement
relating to such registration, the Requesting Stockholders may revoke such request, without liability to any of the other Registering Stockholders, by providing a notice to the Company revoking such request. 

(c) Oak Hill shall have an unlimited number of Demand Registrations. 

(d) The Company shall be liable for and pay all Registration Expenses in connection with each Demand Registration, regardless of whether such
Registration is effected. 
 (e) A Demand Registration shall not be deemed to have occurred: 

(i) unless the registration statement relating thereto (A) has become effective under the Securities Act and (B) has remained
effective for a period of at least 120 days (or such shorter period in which all Registrable Securities of the Registering Stockholders included in such registration have actually been sold thereunder), provided that such registration
statement shall not be considered a Demand Registration if, after such registration statement becomes effective, (1) such registration statement is interfered with by any stop order, injunction or other order or requirement of the SEC or other
governmental agency or court and (2) less than 75% of the Registrable Securities included in such registration statement have been sold thereunder; or 

(ii) if the Maximum Offering Size (as defined below) is reduced in accordance with Section 1.01(f) such that less than 50% of the
Registrable Securities of the Requesting Stockholders sought to be included in such registration are included. 
 (f) If a Demand
Registration involves a Public Offering and the managing underwriter advises the Company and the Requesting Stockholders that, in its view, the number of Company Securities that the Registering Stockholders and the Company propose to include in such
registration exceeds the largest number of shares that can be sold without having an adverse effect on such offering, including the price at which such Company Securities can be sold (the “Maximum Offering Size”), the Company
shall include in such registration, in the priority listed below, up to the Maximum Offering Size: 
 (i) first, all Registrable Securities
requested to be registered by the Registering Stockholders (allocated, if necessary for the offering not to exceed the Maximum Offering Size, pro rata among such Registering Stockholders on the basis of the relative number of Registrable Securities
so requested to be included in such registration by each); and 
 (ii) second, all Registrable Securities proposed to be registered by the
Company. 
 Section 1.02. Piggyback Registration. 

(a) If the Company proposes to register any Company Securities under the Securities Act (whether for itself or in connection with a sale of
securities by any Stockholder, but other than a registration on Form S-8 or S-4, or any successor or similar forms, relating to Common Shares issuable upon exercise of employee stock options or in connection with any employee

  
 2 

 
benefit or similar plan of the Company or in connection with a direct or indirect acquisition by the Company of another Person), the Company shall each such time give prompt written notice at
least ten (10) Business Days prior to the anticipated filing date of the registration statement relating to such registration to each Stockholder holding Registrable Securities with rights to require registration of Company Securities
hereunder, which notice shall set forth such Stockholder’s rights under this Section 1.02 and shall offer such Stockholder the opportunity to include in such registration statement Company Securities of the same class or series of
Registrable Securities as proposed to be offered in such registration (a “Piggyback Registration”), subject to the restrictions set forth herein. Upon the written request of any such Stockholder made within five
(5) Business Days after the receipt of notice from the Company (which request shall specify the number of Registrable Securities intended to be registered by such Stockholder), the Company shall use its best efforts to effect the registration
under the Securities Act of all Registrable Securities that the Company has been so requested to register by all such Stockholders with rights to require registration of Company Securities hereunder, to the extent requisite to permit the disposition
of the Registrable Securities so to be registered, provided that (i) if such registration involves a Public Offering, all such Stockholders requesting to be included in the Company’s registration must sell their Registrable
Securities to the underwriters selected as provided in Section 1.05(f)(i) on the same terms and conditions as apply to the Company or any other selling Stockholders, and (ii) if, at any time after giving notice of its intention to
register any Company Securities pursuant to this Section 1.02(a) and prior to the effective date of the registration statement filed in connection with such registration, the Company shall determine for any reason not to register such
Company securities, the Company shall give notice to all such Stockholders and, thereupon, shall be relieved of its obligation to register any Registrable Securities in connection with such registration. No registration effected under this
Section 1.02 shall relieve the Company of its obligations to effect a Demand Registration to the extent required by Section 1.01. The Company shall be liable for and pay all Registration Expenses in connection with each
Piggyback Registration. 
 (b) If a Piggyback Registration involves a Public Offering (other than any Demand Registration, in which case the
provisions with respect to priority of inclusion in such offering set forth in Section 1.01(f) shall apply) and the managing underwriter advises the Company that, in its view, the number of Company Securities that the Company and such
selling stockholders propose to include in such registration exceeds the Maximum Offering Size, the Company shall include in such registration, in the following priority, up to the Maximum Offering Size: 

(i) with respect to a Public Offering by the Company for its own account: 

(A) first, such number of Registrable Securities proposed to be registered for the account of the Company or any Requesting
Stockholder on whose account the registration is being made, if any, as would not cause the offering to exceed the Maximum Offering Size, and 

(B) second, all Registrable Securities requested to be included in such registration by any Registering Stockholders
(allocated, if necessary for the offering not to exceed the Maximum Offering Size, pro rata among such Stockholders based on their relative ownership of Registrable Securities) requested be included in the Piggyback Registration. 

  
 3 

 (ii) With respect to a Public Offering by the Company for the account of selling stockholders:

 (A) first, all Registrable Securities requested to be included in such registration by any Registering Stockholders
(allocated, if necessary for the offering not to exceed the Maximum Offering Size, pro rata among such Stockholders based on their relative number of Registrable Securities) requested to be included in the Piggyback Registration; and 

(B) second, all Registrable Securities proposed to be registered for the account of the Company. 

Section 1.03. Automatic Shelf Registrations; Shelf Take-Downs. 

(a) Automatic Shelf Registrations. After the Initial Public Offering, as promptly as practicable following the date upon which the
Company becomes a well-known seasoned issuer (as defined in Rule 405 under the Securities Act) (a “WKSI”), the Company shall file with the SEC a continuous or delayed basis offering pursuant to Rule 415 under the Securities
Act (a “Shelf Registration Statement”), which, for the avoidance of doubt, would be an automatic shelf registration statement (as defined in Rule 405 under the Securities Act) for a WKSI relating to the offer and sale of all
Registrable Securities by the holders of Registrable Securities from time to time in accordance with the methods of distribution elected by such holders of Registrable Securities and set forth in the Shelf Registration Statement and, as promptly as
practicable thereafter, shall use its reasonable best efforts to cause such Shelf Registration Statement to become effective under the Securities Act. If, on the date of any such request, the Company does not qualify to file a Shelf Registration
Statement under the Securities Act, the provisions of this Section 1.03 shall not apply, and the provisions of Section 1.01 shall apply instead. In the event the Company is not, or ceases to be, a WKSI, the Company agrees to
use reasonable best efforts to facilitate the sale of Registrable Securities on a Form S-3. The Company shall be liable for and pay all Registration Expenses in connection with this Section 1.03. 

(b) Shelf Take Downs. Any Requesting Stockholder included in a Shelf Registration Statement (an “Initiating
Shelf Requesting Stockholder”) may initiate an offering or sale of all or part of such Person’s Registrable Securities (a “Shelf Take-Down”), in which case the provisions of this Section 1.03(b)
shall apply. 
 (i) If an Initiating Shelf Requesting Stockholder so elects in a written request delivered to the Company (an
“Underwritten Shelf Take-Down Notice”), a Shelf Take-Down may be in the form of an underwritten offering (an “Underwritten Shelf Take-Down”) and the Company shall file and effect an amendment or
supplement to its Shelf Registration Statement for such purpose as soon as reasonably practicable; provided, that any such Marketed Underwritten Shelf Take-Down (as defined below) shall be deemed to be, for purposes of
Section 1.01, a Demand Registration. Such Initiating Shelf Requesting Stockholder shall indicate in such Underwritten Shelf Take-Down Notice whether it intends for such Underwritten Shelf Take-Down to involve a customary “road
show” (including an “electronic road show”) or other substantial marketing effort by the underwriters (a “Marketed Underwritten Shelf Take-Down”). Upon receipt of an Underwritten Shelf Take-Down Notice
indicating that such 

  
 4 

 
Underwritten Shelf Take-Down will be a Marketed Underwritten Shelf Take-Down, the Company shall promptly give notice of such Marketed Underwritten Shelf Take-Down to all other holders of
Registrable Securities included in a Shelf Registration Statement (all such holders, “Shelf Holders”) and shall permit the participation of all such Shelf Holders that request inclusion in such Marketed Underwritten Shelf
Take-Down who respond in writing within five days after the receipt of such notice of their election to participate. The provisions of Section 1.02 shall apply with respect to the right of the Initiating Shelf Requesting Stockholder and
the other Shelf Holders to participate in any Underwritten Shelf Take-Down. 
 (ii) If the Initiating Shelf Requesting Stockholder desires
to effect a Shelf Take-Down that does not constitute a Marketed Underwritten Shelf Take-Down (a “Non-Marketed Underwritten Shelf Take-Down”), the Initiating Shelf Requesting Stockholder shall so indicate in a written request
delivered to the Company no later than two Business Days prior to the expected date of such Non-Marketed Underwritten Shelf Take-Down, which request shall include (i) the total number of Registrable Securities expected to be offered and sold in
such Non-Marketed Underwritten Shelf Take-Down, (ii) the excepted plan of distribution of such Non-Marketed Underwritten Shelf Take-Down and (iii) the action or actions required (including the timing thereof) in connection with such
Non-Marketed Underwritten Shelf Take-Down (including the delivery of one or more stock certificates representing shares of Registrable Securities to be sold in such Non-Marketed Underwritten Shelf Take-Down), and the Company shall file and effect an
amendment or supplement to its Shelf Registration Statement for such purpose as soon as practicable. All determinations as to whether to complete any Non-Marketed Underwritten Shelf Take-Down and as to the timing, manner, price and other terms of
any Non-Marketed Underwritten Shelf Take-Down shall be at the discretion of the Initiating Shelf Requesting Stockholder. 

Section 1.04. Lock-Up Agreements; Transfer Restrictions. If any registration of Company Securities shall be effected in
connection with a Public Offering, each of the Company and each Stockholder shall enter into a customary “lock-up” agreement with the managing underwriter or underwriters (and the Company shall use reasonable best efforts to cause other
stockholders, directors and officers to sign commensurate “lock-up” agreements) and neither the Company nor any Stockholder shall effect any public sale or distribution, including any sale pursuant to Rule 144, of any Company Securities or
other security of the Company (except as part of such Public Offering) during the period (each such period, a “Lock-Up Period”) beginning fourteen (14) days prior to the distribution of a preliminary prospectus until,
(i) with respect to the Initial Public Offering, the earlier of (x) such time as the Company and the lead managing underwriter shall agree and (y) 180 days after such effective date of the Initial Public Offering or (ii) with
respect to any other Public Offering, 90 days after such effective date of the Public Offering (unless the underwriter requires a longer time period, in which case such period shall not exceed 180 days),in each case unless a later date is reasonably
required by applicable FINRA rules and regulations. 
 Section 1.05. Registration Procedures. Whenever any Stockholders
request that any Registrable Securities be registered pursuant to Section 1.01 or 1.02 hereof, subject to the provisions of such Sections, the Company shall use its best efforts to effect the registration and the sale of such
Registrable Securities in accordance with the intended method of disposition thereof as quickly as practicable, and, in connection with any such request: 

(a) The Company shall as expeditiously as possible prepare and file with the SEC a registration statement on any form for which the Company
then qualifies or that counsel for the Company shall deem appropriate and which form shall be available for the sale of the Registrable Securities to be registered thereunder in accordance with the intended method of distribution thereof, and use
its best efforts to cause such filed registration statement to become and remain effective for a period of not less than 180 days, or in the case of a shelf registration statement, one (1) year (or such shorter period in which all of the
Registrable Securities of the Registering Stockholders included in such registration statement shall have actually been sold thereunder). 

  
 5 

 (b) Prior to filing a registration statement or prospectus or any amendment or supplement
thereto, the Company shall, if requested, furnish to each participating Stockholder and each underwriter, if any, of the Registrable Securities covered by such registration statement copies of such registration statement as proposed to be filed, and
thereafter the Company shall furnish to such Stockholder and underwriter, if any, such number of copies of such registration statement, each amendment and supplement thereto (in each case including all exhibits thereto and documents incorporated by
reference therein), the prospectus included in such registration statement (including each preliminary prospectus and any summary prospectus) and any other prospectus filed under Rule 424 or Rule 430A (or any similar provision then in force) under
the Securities Act and such other documents as such Stockholder or underwriter may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such Stockholder. 

(c) After the filing of the registration statement, the Company shall (i) cause the related prospectus to be supplemented by any required
prospectus supplement, and, as so supplemented, to be filed pursuant to Rule 424 or any similar provision then in force under the Securities Act, (ii) comply with the provisions of the Securities Act and Exchange Act with respect to the
disposition of all Registrable Securities covered by such registration statement during the applicable period in accordance with the intended methods of disposition by the Registering Stockholders thereof set forth in such registration statement or
supplement to such prospectus and (iii) promptly notify the Registering Stockholders holding Registrable Securities covered by such registration statement of any stop order issued or threatened by the SEC or any state securities commission and
take all reasonable actions required to prevent the entry of such stop order or to remove it if entered. 
 (d) The Company shall use its
best efforts to (i) register or qualify the Registrable Securities covered by such registration statement under such other securities or “blue sky” laws of such jurisdictions in the United States as the Registering
Stockholders holding such Registrable Securities reasonably (in light of such Stockholder’s intended plan of distribution) requests and (ii) cause such Registrable Securities to be registered with or approved by such other governmental
agencies or authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may be reasonably necessary or advisable to enable such Stockholder to consummate the disposition of
the Registrable Securities owned by such Stockholder; provided that the Company shall not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this
Section 1.05(d), (B) subject itself to taxation in any such jurisdiction or (C) consent to general service of process in any such jurisdiction. 

  
 6 

 (e) The Company shall immediately notify each Registering Stockholders holding such Registrable
Securities covered by such registration statement, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the occurrence of an event requiring the preparation of a supplement or amendment to such
prospectus so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to
make the statements therein not misleading and promptly prepare and make available to each such Stockholder and file with the SEC any such supplement or amendment. 

(f) (i) Oak Hill shall have the right, in its sole discretion, to select the underwriter or underwriters in connection with any Public
Offering resulting from a Demand Registration, which underwriter or underwriters may include any Affiliate of Oak Hill, and (ii) the Company shall select an underwriter or underwriters in connection with any other Public Offering. In connection
with any Public Offering, the Company shall enter into customary agreements (including an underwriting agreement in customary form) and take all such other actions as are reasonably required in order to expedite or facilitate the disposition of such
Registrable Securities in any such Public Offering, including the engagement of a “qualified independent underwriter” in connection with the qualification of the underwriting arrangements with FINRA. 

(g) The Company shall make available for inspection by the Registering Stockholders and any underwriter participating in any disposition
pursuant to a registration statement being filed by the Company pursuant to this Section 1.05 and any attorney, accountant or other professional retained by any such Stockholder or underwriter (collectively, the
“Inspectors”), all financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”) as shall be reasonably necessary or desirable to enable them to
exercise their due diligence responsibility, and cause the Company’s officers, directors and employees to supply all information reasonably requested by any Inspectors in connection with such registration statement. Records that the Company
determines, in good faith, to be confidential and that it notifies the Inspectors are confidential shall not be disclosed by the Inspectors unless (i) the disclosure of such Records is necessary to avoid or correct a misstatement or omission in
such registration statement or (ii) the release of such Records is ordered pursuant to a subpoena or other order from a court of competent jurisdiction. Each Registering Stockholder agrees that information obtained by it as a result of such
inspections shall be deemed confidential and shall not be used by it or its Affiliates as the basis for any market transactions in the Company Securities unless and until such information is made generally available to the public. Each Registering
Stockholder further agrees that, upon learning that disclosure of such Records is sought in a court of competent jurisdiction, it shall give notice to the Company and allow the Company, at its expense, to undertake appropriate action to prevent
disclosure of the Records deemed confidential. 
 (h) The Company shall furnish to each Registering Stockholder and to each such
underwriter, if any, a signed counterpart, addressed to such Stockholder or underwriter, of (i) an opinion or opinions of counsel to the Company and (ii) a comfort letter or comfort letters from the Company’s independent public
accountants, each in customary form and covering such matters of the kind customarily covered by opinions or comfort letters, as the case may be, as a majority of such Stockholders or the managing underwriter reasonably requests. 

  
 7 

 (i) The Company shall otherwise use its best efforts to comply with all applicable rules and
regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an earning statement or such other document that shall satisfy the provisions of Section 11 (a) of the Securities Act and Rule 158
thereunder. 
 (j) The Company may require each Registering Stockholder promptly to furnish in writing to the Company such information
regarding the distribution of the Registrable Securities as the Company may from time to time request and such other information as may be legally required in connection with such registration. 

(k) Each Registering Stockholder agrees that, upon receipt of any written notice from the Company of the occurrence of any event requiring the
preparation of a supplement or amendment of a prospectus relating to the Registrable Securities covered by a registration statement that is required to be delivered under the Securities Act so that, as thereafter delivered to the purchasers of such
Registrable Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or to make the statements therein not misleading, such Stockholder shall forthwith
discontinue disposition of Registrable Securities pursuant to the registration statement covering such Registrable Securities until such Stockholder’s receipt of the copies of a supplemented or amended prospectus, and, if so directed by the
Company, such Stockholder shall deliver to the Company all copies, other than any permanent file copies then in such Stockholder’s possession, of the most recent prospectus covering such Registrable Securities at the time of receipt of such
notice. If the Company shall give such notice, the Company shall extend the period during which such registration statement shall be maintained effective (including the period referred to in Section 1.05(a)) by the number of days during
the period from and including the date of the giving of notice pursuant to Section 1.05(e) to the date when the Company shall make available to such Stockholder a prospectus supplemented or amended to conform with the requirements of
Section 1.05(e). 
 (l) The Company shall use its reasonable efforts to list all Registrable Securities covered by such
registration statement on any securities exchange or quotation system on which any of the Registrable Securities are then listed or traded and to maintain such listing so long as any such Registrable Securities remain outstanding. 

(m) The Company shall have appropriate officers of the Company (i) prepare and make presentations at any “road shows” and
before analysts and rating agencies, as the case may be, (ii) take other actions to obtain ratings for any Registrable Securities and (iii) otherwise use their reasonable efforts to cooperate as requested by the underwriters in the
offering, marketing or selling of the Registrable Securities. 
 Section 1.06. Indemnification by the Company. The
Company agrees to indemnify and hold each Registering Stockholder holding Registrable Securities covered by a registration statement, its officers, directors, employees, managers, members, partners and agents, and each Person, if any, who controls
any such Persons within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act from and against any and all losses, claims, damages, liabilities and expenses (including reasonable expenses of investigation and
reasonable attorneys’ fees and expenses) (“Damages”) caused by or relating to any untrue statement or alleged untrue 

  
 8 

 
statement of a material fact contained in any registration statement, prospectus or free writing prospectus relating to the Registrable Securities (as amended or supplemented if the Company shall
have furnished any amendments or supplements thereto) or any preliminary prospectus, or made during any “road shows”, or caused by or relating to any omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, except insofar as such Damages are caused by or related to any such untrue statement or omission or alleged untrue statement or omission so made based upon information furnished in
writing to the Company by such Stockholder or on such Stockholder’s behalf expressly for use therein. The Company also agrees to indemnify any underwriters of the Registrable Securities, their officers and directors and each Person who controls
such underwriters within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act on substantially the same basis as that of the indemnification of the Stockholders provided in this Section 1.06. 

Section 1.07. Indemnification by the Participating Stockholders. Each Registering Stockholder holding Registrable
Securities included in any registration statement agrees to indemnify and hold harmless the Company, its officers, directors and agents and each Person, if any, who controls the Company within the meaning of either Section 15 of the Securities
Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such Stockholder, but only with respect to information furnished in writing to the Company by such Stockholder or on such Stockholder’s
behalf expressly for use in any registration statement or prospectus relating to the Registrable Securities, or any amendment or supplement thereto, or any preliminary prospectus. Each such Stockholder also agrees to indemnify and hold harmless
underwriters of the Registrable Securities, their officers and directors and each Person who controls such underwriters within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act on substantially the
same basis as that of the indemnification of the Company provided in this Section 1.07. As a condition to including Registrable Securities in any registration statement filed in accordance with Article 1, the Company may require
that it shall have received an undertaking reasonably satisfactory to it from any underwriter to indemnify and hold it harmless to the extent customarily provided by underwriters with respect to similar securities. No Registering Stockholder shall
be liable under this Section 1.07 for any Damages in excess of the net proceeds realized by such Stockholder in the sale of Registrable Securities of such Stockholder to which such Damages relate. 

Section 1.08. Conduct of Indemnification Proceedings. If any proceeding (including any governmental investigation) shall be
instituted involving any Person in respect of which indemnity may be sought pursuant to this Article 1, such Person (an “Indemnified Party”) shall promptly notify the Person against whom such indemnity may be sought
(the “Indemnifying Party”) in writing and the Indemnifying Party shall assume the defense thereof, including the employment of counsel reasonably satisfactory to such Indemnified Party, and shall assume the payment of all
fees and expenses, provided that the failure of any Indemnified Party so to notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder except to the extent that the Indemnifying Party is materially prejudiced
by such failure to notify. In any such proceeding, any Indemnified Party shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Party unless (i) the Indemnifying
Party and the Indemnified Party shall have mutually agreed to the retention of such counsel or (ii) in the reasonable judgment of such Indemnified Party representation of both 

  
 9 

 
parties by the same counsel would be inappropriate due to actual or potential differing interests between them. It is understood that, in connection with any proceeding or related proceedings in
the same jurisdiction, the Indemnifying Party shall not be liable for the reasonable fees and expenses of more than one separate firm of attorneys (in addition to any local counsel) at any time for all such Indemnified Parties, and that all such
fees and expenses shall be reimbursed as they are incurred. In the case of any such separate firm for the Indemnified Parties, such firm shall be designated in writing by the Indemnified Parties. The Indemnifying Party shall not be liable for any
settlement of any proceeding effected without its written consent, but if settled with such consent, or if there be a final judgment for the plaintiff, the Indemnifying Party shall indemnify and hold harmless such Indemnified Parties from and
against any Damages (to the extent stated above) by reason of such settlement or judgment. Without the prior written consent of the Indemnified Party, no Indemnifying Party shall effect any settlement of any pending or threatened proceeding in
respect of which any Indemnified Party is or could have been a party and indemnity could have been sought hereunder by such Indemnified Party, unless such settlement includes an unconditional release of such Indemnified Party from all liability
arising out of such proceeding. 
 Section 1.09. Contribution. If the indemnification provided for in this Article
1 is unavailable to the Indemnified Parties in respect of any Damages, then each such Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of
such Damages (i) as between the Company and the Registering Stockholders holding Registrable Securities covered by a registration statement on the one hand and the underwriters on the other, in such proportion as is appropriate to reflect the
relative benefits received by the Company and such Stockholders on the one hand and the underwriters on the other, from the offering of the Registrable Securities, or if such allocation is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits but also the relative fault of the Company and such Stockholders on the one hand and of such underwriters on the other in connection with the statements or omissions that resulted in such
Damages, as well as any other relevant equitable considerations and (ii) as between the Company on the one hand and each such Stockholder on the other, in such proportion as is appropriate to reflect the relative fault of the Company and of
each such Stockholder in connection with such statements or omissions, as well as any other relevant equitable considerations. The relative benefits received by the Company and such Stockholders on the one hand and such underwriters on the other
shall be deemed to be in the same proportion as the total proceeds from the offering (net of underwriting discounts and commissions but before deducting expenses) received by the Company and such Stockholders bear to the total underwriting discounts
and commissions received by such underwriters, in each case as set forth in the table on the cover page of the prospectus. The relative fault of the Company and such Stockholders on the one hand and of such underwriters on the other shall be
determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company and such Stockholders or by
such underwriters. The relative fault of the Company on the one hand and of each such Stockholder on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission
or alleged omission to state a material fact relates to information supplied by such party, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

  
 10 

 The Company and the Registering Stockholders agree that it would not be just and equitable if
contribution pursuant to this Section 1.09 were determined by pro rata allocation (even if the underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable
considerations referred to in the immediately preceding paragraph. The amount paid or payable by an Indemnified Party as a result of the Damages referred to in the immediately preceding paragraph shall be deemed to include, subject to the
limitations set forth above, any legal or other expenses reasonably incurred by such Indemnified Party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 1.09, no
underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Registrable Securities underwritten by it and distributed to the public were offered to the public exceeds the amount of any Damages
that such underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission, and no Registering Stockholder shall be required to contribute any amount in excess of the amount by which
the net proceeds realized by such Stockholder in the sale of Registrable Securities of such Stockholder to which such Damages relate exceeds the amount of any Damages that such Stockholder has otherwise been required to pay by reason of such untrue
or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of
such fraudulent misrepresentation. Each Registering Stockholder’s obligation to contribute pursuant to this Section 1.09 is several in the proportion that the proceeds of the offering received by such Stockholder bears to the total
proceeds of the offering received by all such Registering Stockholders and not joint. 
 Section 1.10. Participation in
Public Offering. No Stockholder will be permitted to require registration of any Registrable Securities in any Public Offering hereunder unless such Stockholder (a) agrees to sell such Registrable Securities on the basis provided in any
underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably
required under the terms of such underwriting arrangements and the provisions of this Agreement in respect of registration rights. 

Section 1.11. Other Indemnification. Indemnification similar to that specified herein (with appropriate modifications)
shall be given by the Company and each Stockholder participating therein with respect to any required registration or other qualification of securities under any federal or state law or regulation or governmental authority other than the Securities
Act. 
 Section 1.12. Cooperation by the Company. If any Stockholder shall transfer any Registrable Securities pursuant
to Rule 144 of the Securities Act, the Company shall cooperate, to the extent commercially reasonable, with such Stockholder and shall provide to such Stockholder such information as such Stockholder shall reasonably request. 

Section 1.13. S-8 Registration Following Initial Public Offering. The Company shall file a registration statement on Form
S-8 in accordance with applicable securities laws within 180 days after the Initial Public Offering, which registration statement will cover the Common Shares issuable upon exercise of employee options then outstanding. 

  
 11 

 ARTICLE 2 

LEGENDS 

Section 2.01. Legends. Upon the written request of Oak Hill or any Other Stockholder in connection with a Transfer of
Company Securities pursuant to (i) an effective registration statement under the Securities Act or (ii) another exemption from registration under the Securities Act, the Company shall or shall instruct the Company’s transfer agent to
replace such Stockholder’s certificate with certificates not bearing any legend regarding restrictions on Transfer under the Securities Act (and, with respect to any Other Stockholder, restrictions on Transfer set forth in this Agreement).

 ARTICLE 3 

DEFINITIONS 
 The following
terms, as used herein, have the following meanings: 
 Section 3.01. “Affiliate”
means, with respect to any Person, any other Person directly or indirectly controlling, controlled by or under common control with such Person; provided that no securityholder of the Company shall be deemed an
Affiliate of any other securityholder solely by reason of an investment in the Company. For the purpose of this definition, the term “control” (including, with correlative meanings, the terms
“controlling”, “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 the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise. 

Section 3.02. “Business Day” means any day except a Saturday, Sunday or other day on which commercial banks in
New York City are authorized by law to close. 
 Section 3.03. “Company Securities” means (i) the common
stock, (ii) any preferred stock, (iii) any other common stock issued by the Company and (iv) any securities convertible into or exchangeable for, or options, warrants or other rights to acquire, common stock or any other stock issued
by the Company. 
 Section 3.04. “Oak Hill” means Oak Hill Capital Partners III, L.P. and Oak Hill Capital
Management Partners III, L.P. and their permitted assignees as contemplated by Section 3.03. 
 Section 3.05.
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 Section 3.06. “FINRA”
means the Financial Industry Regulatory Authority, Inc. 
 Section 3.07. “Form S-3” means a Form S-3
registration statement under the Securities Act, and any successor or similar form thereto. 
 Section 3.08. “Initial
Public Offering” means the first Public Offering of common stock of the Company registered on Form S-1. 
 Section 3.09.
“Other Stockholder” means all Stockholders other than Oak Hill. 

  
 12 

 Section 3.10. “Person” means an individual, corporation, limited
liability company, partnership, association, trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 

Section 3.11. “Public Offering” means an underwritten public offering of Company Securities pursuant to an
effective registration statement under the Securities Act, other than pursuant to a registration statement on Form S-4 or Form S-8 or any similar or successor form. 

Section 3.12. “Registrable Securities” means, at any time, any Company Securities held by any Stockholder until
(i) a registration statement covering such Company Securities has been declared effective by the SEC and such Company Securities have been disposed of pursuant to such effective registration statement, (ii) such Company Securities are sold
under circumstances in which all of the applicable conditions of Rule 144 (or any similar provisions then in force) under the Securities Act are met or (iii) such Company Securities are otherwise Transferred, the Company has delivered a new
certificate or other evidence of ownership for such Company Securities not bearing a legend regarding restrictions on Transfer under the Securities Act (and, with respect to any Other Stockholder, restrictions on Transfer set forth in this
Agreement) and such Company Securities may be resold without subsequent registration under the Securities Act. 
 Section 3.13.
“Registration Expenses” means any and all expenses incident to the performance of or compliance with any registration or marketing of securities, including all (i) registration and filing fees, and all other fees and
expenses payable in connection with the listing of securities on any securities exchange or automated interdealer quotation system, (ii) fees and expenses of compliance with any securities or “blue sky” laws (including reasonable fees
and disbursements of counsel in connection with “blue sky” qualifications of the securities registered), (iii) expenses in connection with the preparation, printing, mailing and delivery of any registration statements, prospectuses
and other documents in connection therewith and any amendments or supplements thereto, (iv) security engraving and printing expenses, (v) internal expenses of the Company (including, without limitation, all salaries and expenses of its
officers and employees performing legal or accounting duties), (vi) reasonable fees and disbursements of counsel for the Company and customary fees and expenses for independent certified public accountants retained by the Company (including the
expenses relating to any comfort letters or costs associated with the delivery by independent certified public accountants of any comfort letters), (vii) reasonable fees and expenses of any special experts retained by the Company in connection
with such registration, (viii) reasonable fees and out-of-pocket expenses of counsel to the Stockholders participating in the offering selected (A) by Oak Hill, in the case of any offering in which Oak Hill participates, or (B) in any
other case, by the Stockholders holding the majority of the Registrable Securities to be sold for the account of all Stockholders in the offering, (ix) fees and expenses in connection with any review by FINRA of the underwriting arrangements or
other terms of the offering, and all fees and expenses of any “qualified independent underwriter,” including the fees and expenses of any counsel thereto, (x) fees and disbursements of underwriters customarily paid by issuers or
sellers of securities, but excluding any underwriting fees, discounts and commissions attributable to the sale of Registrable Securities, (xi) costs of printing and producing any agreements among underwriters, underwriting agreements, any
“blue sky” or legal investment memoranda and any selling agreements and other documents in connection with the offering, sale or delivery of the Registrable Securities, (xii) transfer agents’ and registrars’ fees and
expenses and the fees and 

  
 13 

 
expense of any other agent or trustee appointed in connection with such offering, (xiii) expenses relating to any analyst or investor presentations or any “road shows” undertaken
in connection with the registration, marketing or selling of the Registrable Securities and (xiv) fees and expenses payable in connection with any ratings of the Registrable Securities, including expenses relating to any presentations to rating
agencies. 
 Section 3.14. “Required Stockholders” means Stockholders of at least a majority in number of
Registrable Securities. 
 Section 3.15. “SEC” means the Securities and Exchange Commission. 

Section 3.16. “Securities Act” means the Securities Act of 1933, as amended. 

Section 3.17. “Transfer” means, with respect to any Company Securities, (i) when used as a verb, to sell,
assign, dispose of, exchange, pledge, encumber, hypothecate or otherwise transfer such Company Securities or any participation or interest therein, whether directly or indirectly, or agree or commit to do any of the foregoing and (ii) when used
as a noun, a direct or indirect sale, assignment, disposition, exchange, pledge, encumbrance, hypothecation, or other transfer of such Company Securities or any participation or interest therein or any agreement or commitment to do any of the
foregoing. 
 Section 3.18. Other Definitional and Interpretive Matters. Unless otherwise expressly provided, for
purposes of this Agreement, the following rules of interpretation shall apply: 
 (a) Gender and Number. Any reference in this
Agreement to gender shall include all genders, and words imparting the singular number only shall include the plural and vice versa. 
 (b)
Headings. The provision of a Table of Contents, the division of this Agreement into Articles, Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in
construing or interpreting this Agreement. All references in this Agreement to any “Section” are to the corresponding Section of this Agreement unless otherwise specified. 

(c) Herein. The words such as “herein,” “hereinafter,” “hereof,” and “hereunder” refer to this
Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires. 
 (d)
Including. Wherever the word “include,” “includes,” or “including” is used in this Agreement, it shall be deemed to be followed by the words “without limitation”. 

ARTICLE 4 
 MISCELLANEOUS

 Section 4.01. Termination. All rights and obligations of the Company hereunder shall terminate on the date on
which no Registrable Securities are outstanding. 
 Section 4.02. Termination of Stockholders’ Agreement. The
parties acknowledge and agree, that upon consummation of the Initial Public Offering, the Stockholders’ Agreement of the Company, dated as of June 1, 2010, (including, for the purpose of clarity, Article IV thereof) shall automatically
terminate and be of no further force or effect. 

  
 14 

 Section 4.03. Amendment and Waiver. This Agreement may not be amended except
by an instrument in writing signed on behalf of each of the Company, the Required Stockholders and any Stockholder that would be materially and disproportionately affected by such an amendment. Any party hereto may waive any right of such party
hereunder by an instrument in writing signed by such party and delivered to the other parties. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not
affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 

Section 4.04. Successors and Assigns. This Agreement shall not inure to the benefit of, or be binding on, or be assignable
or transferable by any Stockholder to, any Person to the extent such Person acquires Company Securities in, or at any time following, the Initial Public Offering; provided, however, that in connection with any Transfer of Company
Securities by Oak Hill (i) to any of its Affiliates or (ii) in connection with any Transfer of Company Securities by Oak Hill in a privately negotiated transaction, in each case Oak may assign all or any portion of its rights under this
Agreement to any transferee who agrees to be bound by this Agreement. 
 Section 4.05. Severability. If any term,
provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall
remain in full force and effect and shall in no way be affected, impaired or invalidated. Upon such a determination, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as
possible in an acceptable manner so that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. 

Section 4.06. Entire Agreement. Except as otherwise expressly set forth herein, this Agreement, together with the several
agreements and other documents and instruments referred to herein or therein or annexed hereto or thereto, embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede and preempt
any prior understandings, agreements or representations by or among the parties, written or oral, that may have related to the subject matter hereof in any way. 

Section 4.07. Counterparts; Execution by Facsimile Signature. This Agreement may be executed in any number of counterparts,
each of which shall be an original, but all of which together shall constitute one instrument. This Agreement may be executed by facsimile signature(s). 

  
 15 

 Section 4.08. Notices. All notices required or permitted hereunder shall be in
writing and shall be deemed effectively given (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed facsimile if sent during normal business hours of the recipient, if not, then on the next Business Day or
(iii) one Business Day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent to the addresses set forth below or such other address or
facsimile number as a party may from time to time specify by notice to the other parties hereto: 
 If to the Company, at: 

Dave & Buster’s Entertainment, Inc. 

2481 Manana Drive 
 Dallas, Texas
75220 
 Attention: Jay L. Tobin, Esq. 

Fax: (214) 357-1536 
 With a
copy which shall not constitute notice to: 
 Oak Hill Capital Management, LLC 

65 East 55th Street, 32nd Floor 

New York, NY 10022 
 Attention:
John R. Monsky, Esq. 
 Fax: (212) 527-8450 

and 
 Weil, Gotshal &
Manges LLP 
 767 Fifth Avenue 

New York, New York 10153 

Attention: Douglas P. Warner, Esq. 

Fax: (212) 310-8007 
 If to any Other
Stockholder, to such Stockholder’s address as set forth in the register of stockholders maintained by the Company. 

Section 4.09. Governing Law. This Agreement, and all claims or causes of action (whether at law, in equity, in contract, in
tort or otherwise) based upon, arising out of, related to or otherwise in connection with this Agreement or the transactions contemplated hereby, shall be exclusively governed by, and construed in accordance with, the internal laws of the State of
Delaware, without giving effect to principles or rules of conflict of laws to the extent such principles or rules would require or permit the application of laws of another jurisdiction (including any claim or cause of action based upon, arising out
of or related to any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement). 

Section 4.10. Consent to Jurisdiction. The parties hereby agree that any suit, action or proceeding (whether at law, in
equity, in contract, in tort or otherwise) seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions contemplated hereby (including any claim or cause of action based upon,
arising out of or related to any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement) shall be exclusively brought in the United States District Court for the Southern District of
New York or any New York State court sitting in New York City, so long as one of such courts shall have subject matter jurisdiction over such suit, 

  
 16 

 
action or proceeding, and that any case of action arising out of this Agreement shall be deemed to have arisen from a transaction of business in the State of New York, and each of the parties
hereby irrevocably consents to the exclusive jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law, any objection that it
may now or hereafter have to the laying of the venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding which is brought in any such court has been brought in an inconvenient form. Process in any
such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any such court. Without limiting the foregoing, each party agrees that service of process on such party as provided in
this Section 4.10 shall be deemed effective service of process on such party. 
 Section 4.11. Waiver of Jury
Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING (WHETHER AT LAW, IN EQUITY, IN CONTRACT, IN TORT OR OTHERWISE) ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY. 
 [Remainder of this page is intentionally left blank.] 

  
 17 

 IN WITNESS WHEREOF, each of the undersigned has caused this Agreement to be duly executed and
delivered as of the date first written above. 
  

							
	DAVE & BUSTER’S ENTERTAINMENT, INC.
		
	By:	 	  

		 	Name:	 	Stephen M. King
		 	Title:	 	Chief Executive Officer
	
	OAK HILL CAPITAL PARTNERS III, L.P.
		
	By:	 	OHCP GenPar III, L.P.,
		 	its General Partner
		
	By:	 	OHCP MGP Partners III, L.P.,
		 	its General Partner
		
	By:	 	OHCP MGP III, Ltd.,
		 	its General Partner
			
		 	By:	 	  

		 		 	Name:	 	John R. Monsky
		 		 	Title:	 	
	
	OAK HILL CAPITAL MANAGEMENT PARTNERS III, L.P.
		
	By:	 	OHCP GenPar III, L.P.,
		 	its General Partner
		
	By:	 	OHCP MGP Partners III, L.P.,
		 	its General Partner
		
	By:	 	OHCP MGP III, Ltd.,
		 	its General Partner
			
		 	By:	 	  

		 		 	Name:	 	John R. Monsky
		 		 	Title:	 	

 
	
	  

	Alan J. Lacy
	
	  

	David A. Jones, individually, and on behalf of,
	
	Brenton Alan Kindle,
	Brooke Nicole Kindle Stephens,
	Leslie Ann Jones Acosta,
	Jeffrey David Jones,
	Dana Michele Jones Smith,
	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Davis A. Kindle,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Antonio Acosta III,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Dillon A. Jones,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO H. Jones Scherer,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Jackson D. Stephens,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Turner Clark Smith,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO Tyler J. Kindle,

	David A. Jones 2006 Grandchildren’s Trust
	 Dated 12/30/2006 FBO W. Rhys Smith

	David A. Jones 2013 Grandchildren’s Trust
	 Dated 6/30/2013 FBO Madeline Grace Stephens, and

	David A. Jones 2013 Grandchildren’s Trust
	 Dated 6/30/2013 FBO Madison Alena Jones

	
	  

	Kevin M. Sheehan
	
	  

	Jonathan S. Halkyard
	
	  

	Michael J. Griffith
	
	  

	Stephen M. King, individually, and on behalf of,
	
	Steve and Shauna King Investment Partnership L.P.

 [SIGNATURE PAGE TO THE REGISTRATION RIGHTS AGREEMENT] 

 
	
	  

	Dolf Berle
	
	  

	Jay L. Tobin
	
	  

	Brian A. Jenkins
	
	  

	John P. Gleason III
	
	  

	Margo L. Manning
	
	  

	Edward J. Forler
	
	  

	Michael Metzinger
	
	  

	Gregory Clore
	
	  

	Joseph DeProspero
	
	  

	Lisa Warren

 [SIGNATURE PAGE TO THE REGISTRATION RIGHTS AGREEMENT]EX-10.7

 Exhibit 10.7 

Dave & Buster’s Entertainment, Inc. 

2014 Omnibus Incentive Plan 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	ARTICLE 1.	 	ESTABLISHMENT & PURPOSE	  	 	1	  
			
	 1.1
	 	Establishment	  	 	1	  
			
	 1.2
	 	Purpose of the Plan	  	 	1	  
			
	ARTICLE 2.	 	DEFINITIONS	  	 	1	  
			
	ARTICLE 3.	 	ADMINISTRATION	  	 	5	  
			
	 3.1
	 	Authority of the Committee	  	 	5	  
			
	 3.2
	 	Delegation	  	 	6	  
			
	ARTICLE 4.	 	ELIGIBILITY AND PARTICIPATION	  	 	6	  
			
	 4.1
	 	Eligibility	  	 	6	  
			
	 4.2
	 	Type of Awards	  	 	6	  
			
	ARTICLE 5.	 	SHARES SUBJECT TO THE PLAN AND MAXIMUM AWARDS	  	 	7	  
			
	 5.1
	 	General	  	 	7	  
			
	 5.2
	 	Annual Award Limits	  	 	7	  
			
	 5.3
	 	Additional Shares	  	 	7	  
			
	ARTICLE 6.	 	STOCK OPTIONS	  	 	7	  
			
	 6.1
	 	Grant of Options	  	 	7	  
			
	 6.2
	 	Terms of Option Grant	  	 	8	  
			
	 6.3
	 	Option Term	  	 	8	  
			
	 6.4
	 	Time of Exercise	  	 	8	  
			
	 6.5
	 	Method of Exercise	  	 	8	  
			
	 6.6
	 	Limitations on Incentive Stock Options	  	 	8	  
			
	 6.7
	 	Performance Goals	  	 	9	  
			
	ARTICLE 7.	 	STOCK APPRECIATION RIGHTS	  	 	9	  
			
	 7.1
	 	Grant of Stock Appreciation Rights	  	 	9	  
			
	 7.2
	 	Terms of Stock Appreciation Right	  	 	9	  
			
	 7.3
	 	Tandem Stock Appreciation Rights and Options	  	 	9	  
			
	ARTICLE 8.	 	RESTRICTED STOCK	  	 	9	  
			
	 8.1
	 	Grant of Restricted Stock	  	 	9	  
			
	 8.2
	 	Terms of Restricted Stock Awards	  	 	10	  
			
	 8.3
	 	Voting and Dividend Rights	  	 	10	  
			
	 8.4
	 	Performance Goals	  	 	10	  
			
	 8.5
	 	Section 83(b) Election	  	 	10	  

  
 i 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	ARTICLE 9.	 	OTHER STOCK-BASED AWARDS; CASH-BASED AWARDS	  	 	10	  
			
	 9.1
	 	Other Stock-Based Awards	  	 	10	  
			
	 9.2
	 	Cash-Based Awards	  	 	11	  
			
	ARTICLE 10.	 	PERFORMANCE-BASED COMPENSATION	  	 	11	  
			
	 10.1
	 	Grant of Performance-Based Compensation	  	 	11	  
			
	 10.2
	 	Performance Measures	  	 	11	  
			
	 10.3
	 	Establishment of Performance Goals for Covered Employees	  	 	12	  
			
	 10.4
	 	Adjustment of Performance-Based Compensation	  	 	12	  
			
	 10.5
	 	Certification of Performance	  	 	12	  
			
	 10.6
	 	Interpretation	  	 	12	  
			
	ARTICLE 11.	 	COMPLIANCE WITH SECTION 409A OF THE CODE AND SECTION 457A OF THE CODE	  	 	13	  
			
	 11.1
	 	General	  	 	13	  
			
	 11.2
	 	Payments to Specified Employees	  	 	13	  
			
	 11.3
	 	Separation from Service	  	 	13	  
			
	 11.4
	 	Section 457A	  	 	13	  
			
	ARTICLE 12.	 	ADJUSTMENTS	  	 	14	  
			
	 12.1
	 	Adjustments in Authorized Shares	  	 	14	  
			
	 12.2
	 	Change of Control	  	 	14	  
			
	ARTICLE 13.	 	DURATION, AMENDMENT, MODIFICATION, SUSPENSION AND TERMINATION	  	 	15	  
			
	 13.1
	 	Duration of the Plan	  	 	15	  
			
	 13.2
	 	Amendment, Modification, Suspension and Termination of Plan	  	 	15	  
			
	ARTICLE 14.	 	GENERAL PROVISIONS	  	 	15	  
			
	 14.1
	 	No Right to Service	  	 	15	  
			
	 14.2
	 	Settlement of Awards; Fractional Shares	  	 	15	  
			
	 14.3
	 	Tax Withholding	  	 	16	  
			
	 14.4
	 	No Guarantees Regarding Tax Treatment	  	 	16	  
			
	 14.5
	 	Non-Transferability of Awards	  	 	16	  
			
	 14.6
	 	Conditions and Restrictions on Shares	  	 	16	  
			
	 14.7
	 	Compliance with Law	  	 	16	  

  
 ii 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 14.8
	 	Awards to Non-U.S. Employees or Directors	  	 	17	  
			
	 14.9
	 	Rights as a Shareholder	  	 	17	  
			
	 14.10
	 	Severability	  	 	17	  
			
	 14.11
	 	Unfunded Plan	  	 	18	  
			
	 14.12
	 	No Constraint on Corporate Action	  	 	18	  
			
	 14.13
	 	Successors	  	 	18	  
			
	 14.14
	 	Governing Law; Jurisdiction; Waiver of Jury Trial	  	 	18	  
			
	 14.15
	 	Waiver of Certain Claims	  	 	19	  
			
	 14.16
	 	Data Protection	  	 	19	  
			
	 14.17
	 	Accounting Restatement	  	 	19	  
			
	 14.18
	 	Effective Date	  	 	19	  
			
	 14.19
	 	Shareholder Approval	  	 	19	  

  
 iii 

 Dave & Buster’s Entertainment, Inc. 

2014 Omnibus Incentive Plan 
  

	Article 1.	Establishment & Purpose 

 1.1 Establishment. Dave &
Buster’s Entertainment, Inc., a Delaware corporation (the “Company”) hereby establishes the Dave & Buster’s Entertainment, Inc. 2014 Omnibus Incentive Plan (hereinafter referred to as the “Plan”)
as set forth in this document. 
 1.2 Purpose of the Plan. The purpose of the Plan is to attract, retain and motivate officers,
employees, non-employee directors and consultants providing services to the Company and its Subsidiaries and Affiliates and to promote the success of the Company’s business by providing participants with appropriate incentives. 

 

	Article 2.	Definitions 

 Whenever capitalized in the Plan, the following terms shall have the
meanings set forth below. 
 2.1 “Affiliate” means any entity that the Company, either directly or indirectly, is in
common control with, is controlled by or controls, or any entity in which the Company has a substantial equity interest, direct or indirect; provided, however, to the extent that Awards must cover “service recipient stock” in
order to comply with Section 409A of the Code, “Affiliate” shall be limited to those entities which could qualify as an “eligible issuer” under Section 409A of the Code. 

2.2 “Annual Award Limit” shall have the meaning set forth in Section 5.2. 

2.3 “Award” means any Option, Stock Appreciation Right, Restricted Stock, Other Stock-Based Award or Cash-Based Award
that is granted under the Plan. 
 2.4 “Award Agreement” means either (a) a written agreement entered into by
the Company and a Participant setting forth the terms and conditions applicable to an Award, or (b) a written statement issued by the Company to a Participant describing the terms and conditions applicable to an Award. 

2.5 “Beneficial Owner” or “Beneficial Ownership” shall have the meaning ascribed to such term
in Rule 13d-3 of the General Rules and Regulations under the Exchange Act. 
 2.6 “Board” means the Board of
Directors of the Company. 
 2.7 “Cash-Based Award” means any right granted under Section 9.2 of the Plan. 

2.8 “Change of Control” unless otherwise specified in the Award Agreement, means the occurrence of any of the
following events: 
  

	 	(a)	 Any Person, other than OH, becomes the Beneficial Owner of thirty percent (30%) or more of the combined voting power of the then

  
 1 

	 	
outstanding voting securities of the Company entitled to vote generally in the election of the members of the Board (the “Outstanding Company Voting Securities”);
provided, however, that for purposes of this Section 2.8, the following acquisitions shall not constitute a Change of Control: (i) any acquisition directly from the Company, including without limitation, a public offering of
securities; (ii) any acquisition by the Company or any of its Subsidiaries or Affiliates; (iii) any acquisition by any employee benefit plan or related trust sponsored or maintained by the Company or any of its Subsidiaries or Affiliates;
or (iv) any acquisition by any Person pursuant to a transaction which complies with clauses (i), (ii), and (iii) of Section 2.8(c). 

  

	 	(b)	Individuals who constitute the Board as of the Effective Date (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, that any individual becoming a
member of the Board subsequent to the Effective Date whose election to the Board, or nomination for election by one or more of the Company’s shareholders, was approved by a vote of at least a majority of the members of the Board then comprising
the Incumbent Board, shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office is in connection with an actual or threatened election
contest relating to the election or removal of any members of the Board or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; provided, further, that any individual becoming
a member of the Board subsequent to the Effective Date who was designated as a Board member by OH shall be considered as though such individual were a member of the Incumbent Board. 

 

	 	(c)	 Consummation of a reorganization, merger, amalgamation, statutory share exchange, consolidation or like event to which the Company is a party or a
sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), unless, following such Business Combination: (i) all or substantially all of the individuals and entities who were
the Beneficial Owners of Outstanding Company Voting Securities immediately prior to such Business Combination are the Beneficial Owners, directly or indirectly, of more than fifty percent (50%) of the combined voting power of the outstanding
voting securities entitled to vote generally in the election of directors (or election of members of a comparable governing body) of the entity resulting from the Business Combination (including, without limitation, an entity which as a result of
such transaction owns all or substantially all of the Company or all or substantially all of the Company’s assets either directly or through one or more Subsidiaries) (the “Successor Entity”) in substantially the same
proportions as their ownership immediately prior to such Business Combination of the Outstanding Company Voting Securities; (ii) no Person (excluding any Successor Entity or any employee benefit plan or

  
 2 

	 	
related trust of the Company, such Successor Entity, or any of their Subsidiaries) is the Beneficial Owner, directly or indirectly, of thirty percent (30%) or more of the combined voting
power of the then outstanding voting securities entitled to vote generally in the election of directors (or comparable governing body) of the Successor Entity, except to the extent that such ownership existed prior to the Business Combination; and
(iii) at least a majority of the members of the board of directors (or comparable governing body) of the Successor Entity were members of the Incumbent Board (including persons deemed to be members of the Incumbent Board by reason of the
proviso of Section 2.8(b)) at the time of the execution of the initial agreement or of the action of the Board providing for such Business Combination; or 

  

	 	(d)	Approval by the shareholders of the Company of a complete liquidation or dissolution of the Company. 

 To the
extent necessary to comply with Section 409A of the Code with respect to the payment of deferred compensation, “Change of Control” shall be limited to a “change in control event” as defined under Section 409A of the
Code. 
 2.9 “Code” means the U.S. Internal Revenue Code of 1986, as amended from time to time. 

2.10 “Committee” means the Compensation Committee of the Board, the Plan Subcommittee of the Compensation Committee of
the Board or any other committee or subcommittee designated by the Board to administer the Plan. To the extent applicable, the Committee shall have at least two members, each of whom shall be (a) a Non-Employee Director, (b) an Outside
Director, and (c) an “independent director” within the meaning of the listing requirements of any exchange on which the Company is listed. 

2.11 “Company” shall have the meaning set forth in Section 1.1. 

2.12 “Consultant” means any person who provides bona fide services to the Company or any Subsidiary or Affiliate as a
consultant or advisor, excluding any Employee or Director. 
 2.13 “Covered Employee” means for any Plan Year, a
Participant designated by the Company as a potential “covered employee” as such term is defined in Section 162(m) of the Code. 

2.14 “Director” means a member of the Board who is not an Employee. 

2.15 “Effective Date” shall have the meaning set forth in Section 14.17. 

2.16 “Employee” means an officer or other employee of the Company, a Subsidiary or Affiliate, including a member of
the Board who is an employee of the Company, a Subsidiary or Affiliate and individuals who have accepted a written offer of employment with the Company, a Subsidiary or Affiliate. 

  
 3 

 2.17 “Exchange Act” means the Securities Exchange Act of 1934, as amended
from time to time. 
 2.18 “Fair Market Value” means, as of any date, the per Share value determined as follows, in
accordance with applicable provisions of Section 409A of the Code: 
  

	 	(a)	At the Committee’s discretion, any of (i) the average of the high and low trading price, (ii) the average of the high and low trading price for the preceding 30 days, (iii) the closing price, in each
case, as reported on NASDAQ or any other recognized national exchange or any established over-the-counter trading system on which dealings take place, or, if no trades were made on any such day, the immediately preceding day on which trades were
made or (iv) as otherwise reasonably determined by the Committee in good faith based on actual transactions in Shares; or 

  

	 	(b)	In the absence of an established market for the Shares of the type described in (a) above, the per Share Fair Market Value thereof shall be determined by the Committee in good faith. 

2.19 “Incentive Stock Option” means an Option intended to meet the requirements of an incentive stock option as
defined in Section 422 of the Code and designated as an Incentive Stock Option. 
 2.20 “Non-Employee Director”
means a person defined in Rule 16b-3(b)(3) promulgated by the Securities and Exchange Commission under the Exchange Act, or any successor definition adopted by the Securities and Exchange Commission. 

2.21 “Nonqualified Stock Option” means an Option that is not an Incentive Stock Option. 

2.22 “OH” means, collectively, Oak Hill Capital Partners III, L.P. and Oak Hill Capital Management Partners III, L.P.
and their respective affiliated funds and investment vehicles. 
 2.23 “Other Stock-Based Award” means any right
granted under Section 9.1 of the Plan. 
 2.24 “Option” means any stock option granted under Article 6 of the
Plan. 
 2.25 “Option Price” means the purchase price per Share subject to an Option, as determined pursuant to
Section 6.2 of the Plan. 
 2.26 “Outside Director” means a member of the Board who is an “outside
director” within the meaning of Section 162(m) of the Code and the regulations promulgated thereunder. 
 2.27
“Participant” means any eligible person as set forth in Section 4.1 to whom an Award is granted. 

  
 4 

 2.28 “Performance-Based Compensation” means compensation under an Award
that is intended to constitute “qualified performance-based compensation” within the meaning of the regulations promulgated under Section 162(m) of Code or any successor provision. 

2.29 “Performance Measures” means measures as described in Section 10.2 on which the performance goals are based
in order to qualify Awards as Performance-Based Compensation. 
 2.30 “Performance Period” means the period of time
during which the performance goals must be met in order to determine the degree of payout and/or vesting with respect to an Award. 

2.31 “Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in
Sections 13(d) and 14(d) thereof, including a “group” as defined in Section 13(d) thereof. 
 2.32
“Plan” shall have the meaning set forth in Section 1.1. 
 2.33 “Plan Year” means the
applicable fiscal year of the Company. 
 2.34 “Restricted Stock” means any Award granted under Article 8 of the
Plan. 
 2.35 “Restriction Period” means the period during which Restricted Stock awarded under Article 8 of the
Plan is subject to forfeiture. 
 2.36 “Service” means service as an Employee, Director or Consultant. 

2.37 “Share” means a share of common stock of the Company, par value $0.01 per share, or such other class or kind of
shares or other securities resulting from the application of Article 12 hereof. 
 2.38 “Stock Appreciation Right”
means any right granted under Article 7 of the Plan. 
 2.39 “Subsidiary” means any corporation, partnership,
limited liability company or other legal entity of which the Company, directly or indirectly, owns stock or other equity interests possessing fifty percent (50%) or more of the total combined voting power of all classes of stock or other equity
interests (as determined in a manner consistent with Section 409A of the Code, if applicable). 
 2.40 “Ten Percent
Shareholder” means a person who on any given date owns, either directly or indirectly (taking into account the attribution rules contained in Section 424(d) of the Code), stock possessing more than ten percent (10%) of the
total combined voting power of all classes of stock of the Company or a Subsidiary or Affiliate. 
  

	Article 3.	Administration 

 3.1 Authority of the Committee. The Plan shall be administered by
the Committee, which shall have full power to interpret and administer the Plan and Award Agreements and full 

  
 5 

 
authority to select the Employees, Directors and Consultants to whom Awards will be granted, and to determine the type and amount of Awards to be granted to each such Employee, Director or
Consultant, and the terms and conditions of Awards and Award Agreements. Without limiting the generality of the foregoing, the Committee may, in its sole discretion but subject to the limitations in Article 13, clarify, construe or resolve any
ambiguity in any provision of the Plan or any Award Agreement, extend the term or period of exercisability of any Awards, or waive any terms or conditions applicable to any Award. Also subject to the limitations in Article 13, Awards may, in the
discretion of the Committee, be made under the Plan in assumption of, or in substitution for, outstanding awards previously granted by the Company or any of its Subsidiaries or Affiliates or a company acquired by the Company or with which the
Company combines. The Committee shall have full and exclusive discretionary power to adopt rules, forms, instruments, and guidelines for administering the Plan as the Committee deems necessary or proper. Notwithstanding anything in this
Section 3.1 to the contrary, the Board, or any other committee or sub-committee established by the Board, is hereby authorized (in addition to any necessary action by the Committee) to grant or approve Awards as necessary to satisfy the
requirements of Section 16 of the Exchange Act and the rules and regulations thereunder and to act in lieu of the Committee with respect to Awards made to Non-Employee Directors under the Plan. All actions taken and all interpretations and
determinations made by the Committee or by the Board (or any other committee or sub-committee thereof), as applicable, shall be final and binding upon the Participants, the Company, and all other interested individuals. 

3.2 Delegation. The Committee may delegate to one or more of its members, one or more officers of the Company or any of its
Subsidiaries or Affiliates, and one or more agents or advisors such administrative duties or powers as it may deem advisable; provided, that the Committee shall not delegate to officers of the Company or any of its Subsidiaries or Affiliates
the power to make grants of Awards to officers of the Company or any of its Subsidiaries or Affiliates; provided, further, that no delegation shall be permitted under the Plan that is prohibited by applicable law. 

 

	Article 4.	Eligibility and Participation 

 4.1 Eligibility. Participants will consist of such
Employees, Directors and Consultants as the Committee in its sole discretion determines and whom the Committee may designate from time to time to receive Awards. Designation of a Participant in any year shall not require the Committee to designate
such person to receive an Award in any other year or, once designated, to receive the same type or amount of Award as granted to the Participant in any other year. 

4.2 Type of Awards. Awards under the Plan may be granted in any one or a combination of: (a) Options, (b) Stock Appreciation
Rights, (c) Restricted Stock, (d) Other Stock-Based Awards, and (e) Cash-Based Awards. The Plan sets forth the types of performance goals and sets forth procedural requirements to permit the Company to design Awards that qualify as
Performance-Based Compensation, as described in Article 10 hereof. Awards granted under the Plan shall be evidenced by Award Agreements (which need not be identical) that provide additional terms and conditions associated with such Awards, as
determined by the Committee in its sole discretion; provided, however, that in the event of any conflict between the provisions of the Plan and any such Award Agreement, the provisions of the Plan shall prevail. 

  
 6 

	Article 5.	Shares Subject to the Plan and Maximum Awards 

 5.1 General. Subject to adjustment
as provided in Article 12 hereof, the maximum number of Shares available for issuance to Participants pursuant to Awards under the Plan shall be [                ]
Shares. The number of Shares available for granting Incentive Stock Options under the Plan shall not exceed [                ] Shares, subject to Article 12 hereof and
the provisions of Sections 422 or 424 of the Code and any successor provisions. The Shares available for issuance under the Plan may consist, in whole or in part, of authorized and unissued Shares or treasury Shares. Any Shares delivered to or
withheld by the Company as part or full payment for the purchase price of an Award, or to the extent the Committee determines that the availability of Incentive Stock Options will not be compromised, or to satisfy the Company’s withholding
obligation with respect to an Award, shall again be available for Awards; provided, however, that such Shares shall continue to be counted as outstanding for purposes of determining whether an Annual Award Limit has been attained. 

5.2 Annual Award Limits. The maximum number of Shares with respect to Awards denominated in Shares that may be granted to any
Participant in any Plan Year shall be [                ] Shares, subject to adjustments made in accordance with Article 12 hereof, and the maximum value of cash payable
with respect to Awards denominated in cash or property that may be granted to any Participant in any Plan Year shall be $[        ], subject to adjustments made in accordance with Article 12 hereof (the
“Annual Award Limit”). 
 5.3 Additional Shares. In the event that any outstanding Award expires, is forfeited,
cancelled or otherwise terminated without the issuance of Shares or is otherwise settled for cash, the Shares subject to such Award, to the extent of any such forfeiture, cancellation, expiration, termination or settlement for cash, shall again be
available for Awards. If the Committee authorizes the assumption under the Plan, in connection with any merger, consolidation, acquisition of property or stock, or reorganization, of awards granted under another plan, such assumption shall not
(a) reduce the maximum number of Shares available for issuance under the Plan or (b) be subject to or counted against a Participant’s Annual Award Limit. 
  

	Article 6.	Stock Options 

 6.1 Grant of Options. The Committee is hereby authorized to grant
Options to Participants. Each Option shall permit a Participant to purchase from the Company a stated number of Shares at an Option Price established by the Committee, subject to the terms and conditions described in this Article 6 and to such
additional terms and conditions, as established by the Committee, in its sole discretion, that are consistent with the provisions of the Plan. Options shall be designated as either Incentive Stock Options or Nonqualified Stock Options;
provided, that Options granted to Directors and Consultants shall be Nonqualified Stock Options. None of the Committee, the Company, any of its Subsidiaries or Affiliates, or any of their employees and representatives shall be liable to any
Participant or to any other Person if it is determined that an Option intended to be an Incentive Stock Option does not qualify as an Incentive Stock Option. Each Option shall be evidenced by an Award Agreement which shall state the number of Shares
covered by such Option. Such Award Agreement shall conform to the requirements of the Plan, and may contain such other provisions, as the Committee shall deem advisable. 

  
 7 

 6.2 Terms of Option Grant. The Option Price shall be determined by the Committee at the
time of grant, but shall not be less than one-hundred percent (100%) of the Fair Market Value of a Share on the date of grant. In the case of any Incentive Stock Option granted to a Ten Percent Shareholder, the Option Price shall not be less
than one-hundred-ten percent (110%) of the Fair Market Value of a Share on the date of grant. 
 6.3 Option Term. The term of
each Option shall be determined by the Committee at the time of grant and shall be stated in the Award Agreement, but in no event shall such term be greater than ten (10) years (or, in the case on an Incentive Stock Option granted to a Ten
Percent Shareholder, five (5) years). 
 6.4 Time of Exercise. Options granted under this Article 6 shall be exercisable based
on the terms and conditions as the Committee shall in each instance approve, which terms and conditions need not be the same for each grant or for each Participant. 

6.5 Method of Exercise. Except as otherwise provided in the Plan or in an Award Agreement, an Option may be exercised for all, or from
time to time any part, of the Shares for which it is then exercisable. For purposes of this Article 6, the exercise date of an Option shall be the later of the date a notice of exercise is received by the Company and, if applicable, the date payment
is received by the Company pursuant to clauses (a), (b), (c) or (d) of the following sentence and pursuant to Section 14.3 hereof. The aggregate Option Price for the Shares as to which an Option is exercised shall be paid to the
Company in full at the time of exercise at the election of the Participant (a) in cash or its equivalent (e.g., by cashier’s check), (b) to the extent permitted by the Committee, in Shares (whether or not previously owned by the
Participant) having a Fair Market Value equal to the aggregate Option Price for the Shares being purchased and satisfying such other requirements as may be imposed by the Committee, (c) partly in cash and, to the extent permitted by the
Committee, partly in such Shares (as described in (b) above) or (d) if there is a public market for the Shares at such time, subject to such requirements as may be imposed by the Committee, through the delivery of irrevocable instructions
to a broker to sell Shares obtained upon the exercise of the Option and to deliver promptly to the Company an amount out of the proceeds of such sale equal to the aggregate Option Price for the Shares being purchased. The Committee may prescribe any
other method of payment that it determines to be consistent with applicable law and the purpose of the Plan. 
 6.6 Limitations on
Incentive Stock Options. Incentive Stock Options may be granted only to employees of the Company or of a “parent corporation” or “subsidiary corporation” (as such terms are defined in Section 424 of the Code) at the date
of grant. If the aggregate Fair Market Value (generally determined as of the time the Option is granted) of the Shares with respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year under
all plans of the Company and of any “parent corporation” or “subsidiary corporation” exceeds one hundred thousand dollars ($100,000), the portion of such Incentive Stock Options exercisable for such excess value shall be treated
as Nonqualified Stock Options. For purposes of the preceding sentence, Incentive Stock Options will be taken into account generally in the order in which they are granted. Each provision of the Plan and each Award Agreement relating to an Incentive
Stock Option shall be construed so that each Incentive Stock Option shall be an incentive stock option as defined in Section 422 of the Code, and any provisions of the Award Agreement thereof that cannot be so construed shall be

  
 8 

 
disregarded; provided, however, to the extent any Option (or portion thereof) granted as an Incentive Stock Option fails to qualify as an Incentive Stock Option, such Option (or
portion thereof) shall be treated as a Nonqualified Stock Option. 
 6.7 Performance Goals. The Committee may condition the grant of
Options or the vesting of Options upon the Participant’s achievement of one or more performance goal(s) (including the Participant’s provision of Services for a designated time period), as specified in the Award Agreement. If the
Participant fails to achieve the specified performance goal(s), the Committee shall not grant the Option to such Participant or the Option shall not vest, as applicable. 
  

	Article 7.	Stock Appreciation Rights 

 7.1 Grant of Stock Appreciation Rights. The Committee
is hereby authorized to grant Stock Appreciation Rights to Participants, including a grant of Stock Appreciation Rights in tandem with any Option at the same time such Option is granted (a “Tandem SAR”). Stock Appreciation Rights
shall be evidenced by Award Agreements that shall conform to the requirements of the Plan and may contain such other provisions, as the Committee shall deem advisable. Subject to the terms of the Plan and any applicable Award Agreement, a Stock
Appreciation Right granted under the Plan shall confer on the holder thereof a right to receive, upon exercise thereof, the excess of (a) the Fair Market Value of a specified number of Shares on the date of exercise over (b) the grant
price of the right as specified by the Committee on the date of the grant. Such payment may be in the form of cash, Shares, other property or any combination thereof, as the Committee shall determine in its sole discretion. 

7.2 Terms of Stock Appreciation Right. Subject to the terms of the Plan and any applicable Award Agreement, the grant price (which
shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the date of grant), term, methods of exercise, methods of settlement, and any other terms and conditions of any Stock Appreciation Right shall be as
determined by the Committee. The Committee may impose such other conditions or restrictions on the exercise of any Stock Appreciation Right as it may deem appropriate. No Stock Appreciation Right shall have a term of more than ten (10) years
from the date of grant. 
 7.3 Tandem Stock Appreciation Rights and Options. A Tandem SAR shall be exercisable only to the extent
that the related Option is exercisable and shall expire no later than the expiration of the related Option. Upon the exercise of all or a portion of a Tandem SAR, a Participant shall be required to forfeit the right to purchase an equivalent portion
of the related Option (and, when a Share is purchased under the related Option, the Participant shall be required to forfeit an equivalent portion of the Stock Appreciation Right). 

 

	Article 8.	Restricted Stock 

 8.1 Grant of Restricted Stock. An Award of Restricted Stock is
a grant by the Committee of a specified number of Shares to the Participant, which Shares are subject to forfeiture upon the occurrence of specified events. Restricted Stock shall be evidenced by an Award Agreement, which shall conform to the
requirements of the Plan and may contain such other provisions, as the Committee shall deem advisable. 

  
 9 

 8.2 Terms of Restricted Stock Awards. Each Award Agreement evidencing a Restricted Stock
grant shall specify the period(s) of restriction, the number of Shares of Restricted Stock subject to the Award, the performance, employment or other conditions (including the termination of a Participant’s Service whether due to death,
disability or other reason) under which the Restricted Stock may be forfeited to the Company and such other provisions as the Committee shall determine. Any Restricted Stock granted under the Plan shall be evidenced in such manner as the Committee
may deem appropriate, including book-entry registration or issuance of a stock certificate or certificates (in which case, the certificate(s) representing such Shares shall be legended as to sale, transfer, assignment, pledge or other encumbrances
during the Restriction Period and deposited by the Participant, together with a stock power endorsed in blank, with the Company, to be held in escrow during the Restriction Period). At the end of the Restriction Period, assuming satisfaction of the
applicable performance, employment or other conditions, the restrictions imposed hereunder and under the Award Agreement shall lapse with respect to the number of Shares of Restricted Stock as determined by the Committee, and the legend shall be
removed and such number of Shares delivered to the Participant (or, where appropriate, the Participant’s legal representative). 

8.3 Voting and Dividend Rights. Unless otherwise provided in an Award Agreement, Participants shall have none of the rights of a
stockholder of the Company with respect to Restricted Stock until the end of the Restricted Period; provided, that the Committee shall determine and set forth in a Participant’s Award Agreement whether or not a Participant holding
Restricted Stock granted hereunder shall have the right to exercise voting rights with respect to the Restricted Stock during the Restriction Period (the Committee may require a Participant to grant an irrevocable proxy and power of substitution);
provided, however, that Participants shall have no right to receive dividends on a current basis with respect to the Restricted Stock during the Restriction Period. 

8.4 Performance Goals. The Committee may condition the grant of Restricted Stock or the expiration of the Restriction Period upon the
Participant’s achievement of one or more performance goal(s) (including the Participant’s provision of Services for a designated time period), as specified in the Award Agreement. If the Participant fails to achieve the specified
performance goal(s), the Committee shall not grant the Restricted Stock to such Participant or the Participant shall forfeit the Award of Restricted Stock to the Company, as applicable. 

8.5 Section 83(b) Election. If a Participant makes an election pursuant to Section 83(b) of the Code concerning Restricted
Stock, the Participant shall be required to file promptly a copy of such election with the Company. 
  

	Article 9.	Other Stock-Based Awards; Cash-Based Awards 

 9.1 Other Stock-Based Awards. The
Committee, in its sole discretion, may grant Awards of Shares and Awards that are valued, in whole or in part, by reference to, or are otherwise based on the Fair Market Value of Shares (the “Other Stock-Based Awards”), including
without limitation, restricted stock units and other phantom awards. Such Other Stock-Based Awards shall be in such form, and dependent on such conditions, as the Committee shall determine, including, without limitation, the right to receive one or
more Shares (or the equivalent cash value of such Shares) upon the completion of a specified period of Service, the 

  
 10 

 
occurrence of an event and/or the attainment of performance objectives. Other Stock-Based Awards may be granted alone or in addition to any other Awards granted under the Plan. Subject to the
provisions of the Plan, the Committee shall determine to whom and when Other Stock-Based Awards will be made, the number of Shares to be awarded under (or otherwise related to) such Other Stock-Based Awards, whether such Other Stock-Based Awards
shall be settled in cash, Shares or a combination of cash and Shares, and all other terms and conditions of such Awards (including, without limitation, the vesting provisions thereof and provisions ensuring that all Shares so awarded and issued
shall be fully paid and non-assessable). 
 9.2 Cash-Based Awards. The Committee, in its sole discretion, may grant Awards that have
a value set by the Committee (the “Cash-Based Awards”). Such Cash-Based Awards shall be in such form, and dependent on such conditions, as the Committee shall determine, including, without limitation, the right to receive cash or
one or more Shares upon the completion of a specified period of Service, the occurrence of an event and/or the attainment of performance objectives. Cash-Based Awards may be granted alone or in addition to any other Awards granted under the Plan.
Subject to the provisions of the Plan, the Committee shall determine to whom and when Cash-Based Awards will be made, whether such Cash-Based Awards shall be settled in cash, Shares or a combination of cash and Shares, and all other terms and
conditions of such Awards (including, without limitation, the vesting provisions thereof and provisions ensuring that all Shares so awarded and issued shall be fully paid and non-assessable). 

 

	Article 10.	Performance-Based Compensation 

 10.1 Grant of Performance-Based Compensation. To
the extent permitted by Section 162(m) of the Code, the Committee is authorized to design any Award so that the amounts or Shares payable or distributed pursuant to such Award are treated as “qualified performance-based compensation”
within the meaning of Section 162(m) of the Code and related regulations. 
 10.2 Performance Measures. The vesting, crediting
and/or payment of Performance-Based Compensation shall be based on the achievement of objective performance goals based on one or more of the following Performance Measures: (a) consolidated earnings before or after taxes (including earnings
before interest, taxes, depreciation and amortization (“EBITDA”)); (b) net income before or after taxes; (c) operating income; (d) earnings per Share; (e) book value per Share; (f) return on
shareholders’ equity; (g) expense management; (h) return on investment; (i) improvements in capital structure; (j) profitability of an identifiable business unit or product; (k) maintenance or improvement of profit
margins; (l) stock price; (m) market share; (n) revenues or sales; (o) costs; (p) cash flow (including, but not limited to, operating cash flow and free cash flow); (q) working capital; (r) return on assets;
(s) attainment of objectives relating to store remodels or repair and maintenance; (t) staff training; (u) corporate social responsibility policy implementation; (v) economic value added; (w) debt reduction;
(x) completion of acquisitions or divestitures; (y) operating efficiency; (z) sales per square foot; (aa) revenue mix; (bb) capital expenditures versus budgeted expenditures (total, exclusive of IT/Games, or maintenance only); (cc)
operating income; (dd) income from franchise units; (ee) unit-level EBITDA less G&A expenses; (ff) manager’s operating contribution; (gg) regional operating contribution; (hh) profitability of various revenue streams; (ii) cash flow
per share (before and after dividends or before and after debt payments); (jj) total shareholder return (relative to industry/peer group 

  
 11 

 
and/or absolute); (kk) lease executions; (ll) franchise unit growth; (mm) employee turnover/retention (for entire population or a subset of employee population); (nn) employee satisfaction;
(oo) guest satisfaction (overall and/or specific metrics); (pp) guest traffic; (qq) guest loyalty (including but not limited to participation and satisfaction); (rr) attainment of strategic and operational initiatives (MBOs); (ss) marketing/brand
awareness scores; (tt) third-party operational/compliance audits; (uu) balanced scorecard; (vv) culinary product pipeline goals; (ww) guest experience; (xx) inventory turnover; (yy) brand positioning goals; (zz) comparable store sales
(aaa) return on invested capital; (bbb) new store openings; (ccc) development pipeline goals; (ddd) attainment of objectives relating to acquisitions or divestitures; (eee) attainment of specified business expansion goals; and (fff) expansion of
specified programs or initiatives. 
 Any Performance Measure may be (i) used to measure the performance of the Company and/or any of
its Subsidiaries or Affiliates as a whole, any business unit thereof or any combination thereof against any goal including past performance or (ii) compared to the performance of a group of comparable companies, or a published or special index,
in each case that the Committee, in its sole discretion, deems appropriate. Subject to Section 162(m) of the Code, the Committee may adjust the performance goals (including to prorate goals and payments for a partial Plan Year) in the event of
the following occurrences: (A) non-recurring events, including divestitures, spin-offs, or changes in accounting standards or policies; (B) mergers and acquisitions; and (C) financing transactions, including selling accounts
receivable. 
 10.3 Establishment of Performance Goals for Covered Employees. No later than ninety (90) days after the
commencement of a Performance Period (but in no event after twenty-five percent of such Performance Period has elapsed), the Committee shall establish in writing: (a) the performance goals applicable to the Performance Period; (b) the
Performance Measures to be used to measure the performance goals in terms of an objective formula or standard; (c) the formula for computing the amount of compensation payable to the Participant if such performance goals are obtained; and
(d) the Participants or class of Participants to which such performance goals apply. The outcome of such performance goals must be substantially uncertain when the Committee establishes the goals. 

10.4 Adjustment of Performance-Based Compensation. Awards that are designed to qualify as Performance-Based Compensation may not be
adjusted upward. The Committee shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Committee determines. 

10.5 Certification of Performance. Except for Awards that pay compensation attributable solely to an increase in the value of Shares,
no Award designed to qualify as Performance-Based Compensation shall be vested, credited or paid, as applicable, with respect to any Participant until the Committee certifies in writing that the performance goals and any other material terms
applicable to such Performance Period have been satisfied. 
 10.6 Interpretation. Each provision of the Plan and each Award
Agreement relating to Performance-Based Compensation shall be construed so that each such Award shall be “qualified performance-based compensation” within the meaning of Section 162(m) of the Code and related regulations, and any
provisions of the Award Agreement thereof that cannot be so construed shall be disregarded. 

  
 12 

	Article 11.	Compliance with Section 409A of the Code and Section 457A of the Code 

 11.1
General. The Company intends that all Awards be structured in compliance with, or to satisfy an exemption from, Section 409A of the Code and all regulations, guidance, compliance programs and other interpretative authority thereunder
(“Section 409A”), such that there are no adverse tax consequences, interest, or penalties as a result of the Awards. Notwithstanding the Company’s intention, in the event any Award is subject to Section 409A, the
Committee may, in its sole discretion and without a Participant’s prior consent, amend the Plan and/or Awards, adopt policies and procedures, or take any other actions (including amendments, policies, procedures and actions with retroactive
effect) as are necessary or appropriate to (a) exempt the Plan and/or any Award from the application of Section 409A, (b) preserve the intended tax treatment of any such Award, or (c) comply with the requirements of
Section 409A, including without limitation any such regulations guidance, compliance programs and other interpretative authority that may be issued after the date of grant of an Award. 

11.2 Payments to Specified Employees. Notwithstanding any contrary provision in the Plan or Award Agreement, any payment(s) of
nonqualified deferred compensation (within the meaning of Section 409A) that are otherwise required to be made under the Plan to a “specified employee” (as defined under Section 409A) as a result of his or her separation from
service (other than a payment that is not subject to Section 409A) shall be delayed for the first six months following such separation from service (or, if earlier, the date of death of the specified employee) and shall instead be paid (in a
manner set forth in the Award Agreement) on the payment date that immediately follows the end of such six-month period or as soon as administratively practicable within thirty (30) days thereafter, but in no event later than the end of the
applicable taxable year. 
 11.3 Separation from Service. A termination of employment shall not be deemed to have occurred for
purposes of any provision of the Plan or any Award Agreement providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section 409A upon or following a termination of employment, unless
such termination is also a “separation from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A. For purposes of any such provision of the
Plan or any Award Agreement relating to any such payments or benefits, references to a “termination,” “termination of employment” or like terms shall mean “separation from service.” 

11.4 Section 457A. The Company intends that all Awards be structured in compliance with, or to satisfy an exemption from,
Section 457A of the Code and all regulations, guidance, compliance programs and other interpretative authority thereunder (“Section 457A”), such that there are no adverse tax consequences, interest, or penalties as a
result of the Awards. Notwithstanding the Company’s intention, in the event any Award is subject to Section 457A, the Committee may, in its sole discretion and without a Participant’s prior consent, amend the Plan and/or Awards, adopt
policies and procedures, or take any other actions (including amendments, policies, procedures and actions with retroactive effect) as are necessary or appropriate to (a) exempt the Plan and/or any Award from the application of
Section 457A, (b) preserve the intended tax treatment of any such Award, or (c) comply with the requirements of Section 457A, including without limitation any such regulations, guidance, compliance programs and other
interpretative authority that may be issued after the date of the grant. 

  
 13 

	Article 12.	Adjustments 

 12.1 Adjustments in Authorized Shares. In the event of any corporate
event or transaction involving the Company, a Subsidiary and/or an Affiliate (including, but not limited to, a change in the Shares of the Company or the capitalization of the Company) such as a merger, consolidation, reorganization,
recapitalization, separation, extraordinary stock dividend, stock split, reverse stock split, split up, spin-off, combination of Shares, exchange of Shares, dividend in kind, amalgamation, or other like change in capital structure (other than
regular cash or stock dividends to shareholders of the Company), or any similar corporate event or transaction, the Committee, to prevent dilution or enlargement of Participants’ rights under the Plan, shall substitute or adjust, in its sole
discretion, the number and kind of Shares or other property that may be issued under the Plan or under particular forms of Awards, the number and kind of Shares or other property subject to outstanding Awards, the Option Price, grant price or
purchase price applicable to outstanding Awards, the Annual Award Limits, and/or other value determinations applicable to the Plan or outstanding Awards. 

12.2 Change of Control. Upon the occurrence of a Change of Control after the Effective Date, unless otherwise specifically prohibited
under applicable laws or by the rules and regulations of any governing governmental agencies or national securities exchanges, or unless the Committee shall determine otherwise in the Award Agreement, the Committee is authorized (but not obligated)
to make adjustments to the terms and conditions of outstanding Awards, including without limitation the following (or any combination thereof): (a) continuation or assumption of such outstanding Awards under the Plan by the Company (if it is
the surviving company or corporation) or by the surviving company or corporation or its parent; (b) substitution by the surviving company or corporation or its parent of awards with substantially the same terms for such outstanding Awards;
(c) accelerated exercisability, vesting and/or lapse of restrictions under outstanding Awards immediately prior to the occurrence of such event; (d) upon written notice, provide that any outstanding Awards must be exercised, to the extent
then exercisable, during a reasonable period of time immediately prior to the scheduled consummation of the event, or such other period as determined by the Committee (contingent upon the consummation of the event), and at the end of such period,
such Awards shall terminate to the extent not so exercised within the relevant period; and (e) cancellation of all or any portion of outstanding Awards for fair value (as determined in the sole discretion of the Committee and which may be zero)
which, in the case of Options and Stock Appreciation Rights or similar Awards, if the Committee so determines, may equal the excess, if any, of the value of the consideration to be paid in the Change of Control transaction to holders of the same
number of Shares subject to such Awards (or, if no such consideration is paid, Fair Market Value of the Shares subject to such outstanding Awards or portion thereof being canceled) over the aggregate Option Price or grant price, as applicable, with
respect to such Awards or portion thereof being canceled (which may be zero). 

  
 14 

	Article 13.	Duration, Amendment, Modification, Suspension and Termination 

 13.1 Duration of the
Plan. Unless sooner terminated as provided in Section 13.2, the Plan shall terminate on the tenth anniversary of the Effective Date. 

13.2 Amendment, Modification, Suspension and Termination of Plan. The Committee may amend, alter, suspend, discontinue, or terminate
(for purposes of this Section 13.2, an “Action”) the Plan or any portion thereof or any Award (or Award Agreement) thereunder at any time; provided, that no such Action shall be made, other than as permitted under
Article 11 or 12, (a) without shareholder approval (i) if such approval is necessary to comply with any tax or regulatory requirement applicable to the Plan, (ii) if such Action increases the number of Shares available under the Plan
(other than an increase permitted under Article 5 absent shareholder approval), (iii) if such Action results in a material increase in benefits permitted under the Plan (but excluding increases that are immaterial or that are minor and to
benefit the administration of the Plan, to take account of any changes in applicable law, or to obtain or maintain favorable tax, exchange, or regulatory treatment for the Company, a Subsidiary, and/or an Affiliate) or a change in eligibility
requirements under the Plan, or (iv) for any Action that results in a reduction of the Option Price or grant price per Share, as applicable, of any outstanding Options or Stock Appreciation Rights or cancellation of any outstanding Options or
Stock Appreciation Rights in exchange for cash, or for other Awards, such as other Options or Stock Appreciation Rights, with an Option Price or grant price per Share, as applicable, that is less than such price of the original Options or Stock
Appreciation Rights, and (b) without the written consent of the affected Participant, if such Action would materially diminish the rights of any Participant under any Award theretofore granted to such Participant; provided,
further, that the Committee may amend the Plan, any Award or any Award Agreement without such consent of the Participant in such manner as it deems necessary to comply with applicable laws, including without limitation, the Dodd-Frank
Wall Street Reform and Consumer Protection Act. 
  

	Article 14.	General Provisions 

 14.1 No Right to Service. The granting of an Award under the
Plan shall impose no obligation on the Company, any Subsidiary or any Affiliate to continue the Service of a Participant and shall not lessen or affect any right that the Company, any Subsidiary or any Affiliate may have to terminate the Service of
such Participant. No Participant or other Person shall have any claim to be granted any Award, and there is no obligation for uniformity of treatment of Participants, or holders or beneficiaries of Awards. The terms and conditions of Awards and the
Committee’s determinations and interpretations with respect thereto need not be the same with respect to each Participant (whether or not such Participants are similarly situated). 

14.2 Settlement of Awards; Fractional Shares. Each Award Agreement shall establish the form in which the Award shall be settled. The
Committee shall determine whether cash, Awards, other securities or other property shall be issued or paid in lieu of fractional Shares or whether such fractional Shares or any rights thereto shall be rounded, forfeited or otherwise eliminated. 

  
 15 

 14.3 Tax Withholding. The Company shall have the power and the right to deduct or withhold
automatically from any amount deliverable under the Award or otherwise, or require a Participant to remit to the Company, the minimum statutory amount to satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to
be withheld with respect to any taxable event arising as a result of the Plan. With respect to required withholding, Participants may elect (subject to the Company’s automatic withholding right set out above), subject to the approval of the
Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold Shares having a Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax that could be imposed on the
transaction. 
 14.4 No Guarantees Regarding Tax Treatment. Participants (or their beneficiaries) shall be responsible for all taxes
with respect to any Awards under the Plan. The Committee and the Company make no guarantees to any Person regarding the tax treatment of Awards or payments made under the Plan. Neither the Committee nor the Company has any obligation to take any
action to prevent the assessment of any tax on any Person with respect to any Award under Section 409A of the Code or Section 457A of the Code or otherwise and none of the Company, any of its Subsidiaries or Affiliates, or any of their
employees or representatives shall have any liability to a Participant with respect thereto. 
 14.5 Non-Transferability of Awards.
Unless otherwise determined by the Committee, an Award shall not be transferable or assignable by the Participant except in the event of his death (subject to the applicable laws of descent and distribution) and any such purported assignment,
alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. No transfer shall be permitted for value or consideration. An award exercisable after the death of a Participant may
be exercised by the heirs, legatees, personal representatives or distributees of the Participant. Any permitted transfer of the Awards to heirs, legatees, personal representatives or distributees of the Participant shall not be effective to bind the
Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the
terms and conditions hereof. 
 14.6 Conditions and Restrictions on Shares. The Committee may impose such other conditions or
restrictions on any Shares received in connection with an Award as it may deem advisable or desirable. These restrictions may include, but shall not be limited to, a requirement that the Participant hold the Shares received for a specified period of
time or a requirement that a Participant represent and warrant in writing that the Participant is acquiring the Shares for investment and without any present intention to sell or distribute such Shares. The certificates for Shares may include any
legend which the Committee deems appropriate to reflect any conditions and restrictions applicable to such Shares. 
 14.7 Compliance
with Law. The granting of Awards and the issuance of Shares under the Plan shall be subject to all applicable laws, rules, and regulations, and to such approvals by any governmental agencies, or any stock exchanges on which the Shares are
admitted to trading or listed, as may be required. The Company shall have no obligation to issue or deliver evidence of title for Shares issued under the Plan prior to: (a) obtaining any approvals from governmental agencies that the Company
determines are necessary or advisable; and (b)

  
 16 

 
completion of any registration or other qualification of the Shares under any applicable national, state or foreign law or ruling of any governmental body that the Company determines to be
necessary or advisable. The restrictions contained in this Section 14.7 shall be in addition to any conditions or restrictions that the Committee may impose pursuant to Section 14.6. The inability of the Company to obtain authority from
any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company, its Subsidiaries and Affiliates, and all of their
employees and representatives of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. 

14.8 Awards to Non-U.S. Employees or Directors. To comply with the laws in countries other than the United States in which the Company
or any of its Subsidiaries or Affiliates operates or has Employees, Directors or Consultants, the Committee, in its sole discretion, shall have the power and authority to: 
  

	 	(a)	Determine which Subsidiaries or Affiliates shall be covered by the Plan; 

  

	 	(b)	Determine which Employees, Directors or Consultants outside the United States are eligible to participate in the Plan; 

  

	 	(c)	Modify the terms and conditions of any Award granted to Employees, Directors or Consultants outside the United States to comply with applicable foreign laws; 

 

	 	(d)	Take any action, before or after an Award is made, that it deems advisable to obtain approval or comply with any necessary local government regulatory exemptions or approvals; and 

 

	 	(e)	Establish subplans and modify exercise procedures and other terms and procedures, to the extent such actions may be necessary or advisable. Any subplans and modifications to Plan terms and procedures established under
this Section 14.8 by the Committee shall be attached to this Plan document as appendices. 

 14.9 Rights as a
Shareholder. Except as otherwise provided herein or in the applicable Award Agreement, a Participant shall have none of the rights of a shareholder with respect to Shares covered by any Award until the Participant becomes the record holder of
such Shares. 
 14.10 Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or
unenforceable in any jurisdiction, or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or if it
cannot be so construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person, or Award, and the remainder of the
Plan and any such Award shall remain in full force and effect. 

  
 17 

 14.11 Unfunded Plan. Participants shall have no right, title, or interest whatsoever in or
to any investments that the Company or any of its Subsidiaries or Affiliates may make to aid it in meeting its obligations under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create or be construed to
create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal representative, or any other Person. To the extent that any Person acquires a right to receive payments from the Company under the
Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. All payments to be made hereunder shall be paid from the general funds of the Company and no special or separate fund shall be established and no
segregation of assets shall be made to assure payment of such amounts. The Plan is not subject to the U.S. Employee Retirement Income Security Act of 1974, as amended from time to time. 

14.12 No Constraint on Corporate Action. Nothing in the Plan shall be construed to (a) limit, impair, or otherwise affect the
Company’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets,
or (b) limit the right or power of the Company to take any action which such entity deems to be necessary or appropriate. 
 14.13
Successors. All obligations of the Company under the Plan with respect to Awards granted hereunder shall be binding on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger,
consolidation, or otherwise, of all or substantially all of the business or assets of the Company. 
 14.14 Governing Law; Jurisdiction;
Waiver of Jury Trial. The Plan and each Award Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or relate to the Plan and each Award Agreement shall
be governed by the internal laws of the State of Delaware, excluding any conflicts or choice-of-law rule or principle that might otherwise refer construction or interpretation of the Plan to the substantive law of another jurisdiction. Each
Participant and each party to an Award Agreement agrees that it shall bring all claims, causes of action and proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or be related to the Plan and each
Award Agreement exclusively in the Delaware Court of Chancery or, in the event (but only in the event) that such court does not have subject matter jurisdiction over such claim, cause of action or proceeding, exclusively in the United States
District Court for the District of Delaware (the “Chosen Court”), and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in
the Chosen Court, (iii) waives any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of action shall be
effective if notice is given in accordance with an Award Agreement. EACH PARTICIPANT AND EACH PARTY TO AN AWARD AGREEMENT IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY CLAIM OR CAUSE OF ACTION (WHETHER IN CONTRACT, IN TORT, AT LAW OR
OTHERWISE) INSTITUTED BY OR AGAINST SUCH PARTY IN RESPECT OF ITS, HIS OR HER OBLIGATIONS HEREUNDER OR UNDER AN AWARD AGREEMENT. 

  
 18 

 14.15 Waiver of Certain Claims. By participating in the Plan, the Participant waives all
and any rights to compensation or damages in consequence of the termination of his or her office or Service with the Company, any Subsidiary or Affiliate for any reason whatsoever, whether lawfully or otherwise, insofar as those rights arise or may
arise from his or her ceasing to have rights under the Plan as a result of such termination, or from the loss or diminution in value of such rights or entitlements, including by reason of the operation of the terms of the Plan, any determination by
the Board or Committee pursuant to a discretion contained in the Plan or any Award Agreement or the provisions of any statute or law relating to taxation. 

14.16 Data Protection. By participating in the Plan, the Participant consents to the collection, processing, transmission and storage
by the Company in any form whatsoever, of any data of a professional or personal nature which is necessary for the purposes of introducing and administering the Plan. The Company may share such information with any Subsidiary or Affiliate, the
trustee of any employee benefit trust, its registrars, trustees, brokers, other third party administrator or any Person who obtains control of the Company or acquires the Company, undertaking or part-undertaking which employs the Participant,
wherever situated. 
 14.17 Accounting Restatement. If a Participant receives compensation pursuant to an Award based on financial
statements that are subsequently required to be restated in a way that would decrease the value of such compensation, the Participant will, upon the written request of the Committee, in the Committee’s sole discretion, forfeit and repay to the
Company the difference between what the Participant received and what the Participant should have received based on the accounting restatement, in accordance with (a) the Company’s compensation recovery, “clawback” or similar
policy, if any, as may be in effect from time to time and (b) any compensation recovery, “clawback” or similar policy made applicable by law including the provisions of Section 945 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act and the rules, regulations and requirements adopted thereunder by the Securities and Exchange Commission and/or any national securities exchange on which the Company’s equity securities may be listed. 

14.18 Effective Date. The Plan shall be effective as of the later of (i) the date of adoption by the Board, which date is set
forth below, and (ii) the effectiveness of the Form 8-A in connection with the Company’s initial public offering (the “Effective Date”). 

14.19 Shareholder Approval. The Plan will be submitted for approval by the shareholders of the Company at an annual meeting or any
special meeting of shareholders of the Company within twelve (12) months of the Effective Date. Any Awards granted under the Plan prior to such approval of shareholders shall be effective as of the date of grant, but no such Award may be
exercised or settled and no restrictions relating to any Award may lapse prior to such shareholder approval, and if shareholders fail to approve the Plan as specified hereunder, the Plan and any Award shall be terminated and cancelled without
consideration. 
 *    *    * 

This Plan was duly adopted and approved by the Board of Directors of the Company by resolution at a meeting held on the [—] day of [—], 2014. 

  
 19

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00235-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00235-of-00352.parquet"}]]