Document:

EX-10.21

 Exhibit 10.21 
  

 
 [WITH EMPLOYMENT AGREEMENT] 

EFI 2015 Leadership Team Performance Accelerator Bonus Program 
  

 
 We are pleased to offer you
participation in the EFI 2015 Leadership Team Performance Bonus Accelerator Program (the “Accelerator Program”) based on the terms set forth below. 

Each participant (the “Participant”) in the Accelerator Program will, provided that the Participant remains employed by EFI through the date
of grant of such awards, be granted an award of restricted stock units that is subject to vesting requirements based on the performance of Electronics For Imaging, Inc. (“EFI” or the “Company”) for 2015 and the
Participant’s continued employment as set forth below. 
 Your RSU award under the Accelerator Program is in addition to the RSU award granted to you
concurrently under the 2015 Leadership Team Performance Bonus Program (the “2015 Bonus Program”). 
 Performance Equity Accelerator Bonus Terms

  

	 	•	 	Per the approval by the Company’s Compensation Committee (the “Compensation Committee”) and subject to your continued employment with the Company through the date of grant, you will be granted two
performance-based restricted stock unit (“RSU”) awards with respect to the Accelerator Program. The RSU awards will be subject to vesting based on (1) the achievement of 100 percent of the performance components of your 2015 Bonus
Program as set forth in the program documentation for that bonus program, (2) the achievement of certain Company’s performance components for 2015 as set forth below, and (3) your continued employment as set forth below
(“Accelerator Program Components”). In addition, no portion of the RSU Awards will vest if the Company’s 2015 Non-GAAP operating income is less than $134 million. 

 

	 	•	 	The total number of RSUs that you will be granted will equal your “Accelerator Equity Bonus Eligibility” amount (expressed in U.S. Dollars) set forth below, divided by the closing price of EFI’s common
stock on January 30, 2015. In each case your total RSUs under each Accelerator Program Component will be rounded down to the nearest whole share. Fifty percent (50%) of the RSUs will vest based on the Company’s revenue for 2015 (“Revenue
RSUs”), and fifty percent (50%) of the RSUs will vest based on the Company’s non-GAA operating income for 2015 (“Operating Income RSUs”), in each case as described below. 

 

	 	•	 	The RSUs will be granted under and will be subject to the terms and conditions of EFI’s 2009 Equity Incentive Award Plan, as amended (the “2009 Equity Plan”) and the Restricted Stock Unit Award
Notice and Restricted Stock Unit Award Agreement used by EFI to evidence RSU awards granted under the 2009 Equity Plan, except as otherwise expressly set forth herein. Each RSU Award will have a grant date that is the grant date that the
Compensation Committee approves for such award (the “Grant Date”). The RSU awards are also subject to the individual and other share limits of the 2009 Plan. 

 

	 	•	 	During the first quarter of 2016, the Program Administrator will determine whether (and the extent to which) the performance conditions applicable to the RSUs were achieved for 2015, subject to approval by the
Compensation Committee (the date of the Compensation Committee’s approval is referred to as the “Determination Date”). Subject to your continued employment by the Company through the applicable Vesting Date, if the Program
Administrator determines that the applicable performance condition related to the RSUs was achieved for 2015, subject to the Compensation Committee’s approval, the related RSUs will vest (the “Vesting Date”) on the later
of (1) February 4, 2016 or (2) the Determination Date. Each RSU that vests in accordance with the terms of the Program will be paid in one share of the Company’s common stock as soon as practicable after (and in all events within two and
one-half months after) the Vesting Date. In the event any performance condition applicable to an RSU is not satisfied, the RSU will be deemed to have been forfeited. 

  
 1 

 Performance Targets and Accelerator Equity Bonus Target 

Your Accelerator Equity Bonus Eligibility amount is set forth below. 

Accelerator Equity Bonus Eligibility: [$] 
 The performance
goals applicable to your accelerator equity bonus opportunity are set forth below. Vesting of each of your RSU awards is also conditioned on (1) the achievement of 100 percent of the performance components of your 2015 Bonus Program as set forth in
the program documentation for that bonus program, and (2) the Company’s achievement of Non-GAAP 2015 operating income of at least $134 million (together, the “Conditions”). 

 

									
	 Performance Metric
	  	Accelerator
Threshold	 	  	Accelerator
Target	 
	 Company 2015 Revenue (millions)
	  	$	            	  	  	$	            	  
	 Company 2015 Non-GAAP Operating Income (millions)
	  	$	 	  	  	$	 	  

 Assuming the Conditions are satisfied, the number of Revenue RSUs that will vest will be determined based on the
Company’s revenue for 2015 as certified by the Compensation Committee. If the RSU revenue threshold level set forth above is achieved and the Conditions are satisfied, the Revenue RSUs will vest on a pro-rata, straight-line basis between 0% and
100% vesting, starting at the RSU threshold revenue level up to the RSU target revenue level. In other words, none of the Revenue RSUs will vest for Company 2015 revenue at or below the threshold level; from there, the percentage of Revenue RSUs
that vest will increase on a straight-line basis up to 100% at the target level and will be determined based on the actual level of Company revenue achieved for 2015. 

Assuming the Conditions are satisfied, the number of Operating Income RSUs that will vest will be determined based on the Company’s Non-GAAP Operating
Income for 2015 as certified by the Company’s Compensation Committee. If the RSU Non-GAAP Operating Income threshold level set forth above is satisfied and the Conditions are satisfied, the Operating Income RSUs will vest on a pro-rata,
straight-line basis between 0% and 100% vesting, starting at the RSU threshold Non-GAAP Operating Income level up to the RSU target Non-GAAP Operating Income level. In other words, none of the Operating Income RSUs will vest for Company 2015
Non-GAAP Operating Income at or below the threshold level; from there, the percentage of Operating Income RSUs that vest will increase on a straight-line basis up to 100% at the target level and will be determined based on the actual level of
Company Non-GAAP Operating Income achieved for 2015. 
 In each case, the number of RSUs that vest (if any) will be rounded down to the nearest whole share,
and is subject to your continued employment in good standing through the date of vesting. Any portion of the award that does not vest (including as a result of the failure to satisfy either or both of the Conditions or the failure to achieve
the target level of performance indicated above) will terminate as of the last day of 2015 and you will have no rights with respect thereto. 
 Non-GAAP
Operating Income is defined as operating income determined in accordance with GAAP, as adjusted to remove the impact of certain recurring and non-recurring expenses and the tax effect of these adjustments, in each case consistent with the
determination of non-GAAP operating income in the Company’s financial reporting. 
 Maximum Award - In no event shall any RSU award vest with
respect to more than 100% of the RSUs subject to such award. 
 Adjustments - The results will be adjusted for certain non-recurring material items
which are not included in the original calculation of the performance targets such as results from a significant acquisitions, dispositions, and/or bookings. 

Other Terms 
 Program Participants 

Participants in this Accelerator Program are not eligible for participation in other variable compensation arrangement, program or plan, such as
commission-based plans or other similar plans, for 2015. 
 Leaves of Absences 

Periods of leave of absence will be considered when determining the vesting of RSU award. Specifically, RSU vesting will (unless otherwise required by
applicable law) be calculated on a pro-rata basis excluding any leave of absence period(s) during the applicable Program Year. 

  
 2 

 Termination of Employment 

Except as may otherwise be expressly provided below, in the applicable Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement (as to
RSUs), or your written employment agreement (if any) with the Company, you will have no right to any bonus for 2015 and no right to any payment with respect to your RSUs for 2015 (and your RSUs will automatically and immediately terminate and you
will have no right with respect thereto) should you cease to be employed by the Company or one of its subsidiaries before the Vesting Date set forth above (regardless of the reason for such termination of employment). 

Notwithstanding anything to the contrary in the applicable Restricted Stock Unit Award Notice and Restricted Stock Unit Award Agreement or your written
employment agreement (if any) with the Company, if you are involuntarily terminated Without Cause or are terminated for Good Reason outside of a Change of Control (as these terms are defined in the applicable employment agreement), you will be
eligible for pro-rata vesting of your RSUs related to this Accelerator Program. The pro-rata RSU vesting will be determined with respect to the number of RSUs that would have vested under this Accelerator Program had your employment continued
through the Vesting Date, multiplied by a fraction (x) the numerator of which is the number of whole months you were employed by the Company during 2015, and (y) the denominator of which is twelve. Payment of such pro-rata amount will be made
at the same time that payment would have been made had you continued to be employed through the Vesting Date. In the event that you are entitled to a pro-rata payment of your RSUs, payment will be made in cash (as opposed to shares or other
property) with the cash payment in respect of a vested RSU to equal (subject to applicable tax withholding) the closing price of a share of EFI common stock on the Determination Date. 

With respect to any RSUs granted under this Accelerator Program, in the event of any conflict between the provisions of your employment agreement regarding
acceleration of performance equity outside of a Change of Control and this Accelerator Program, this Accelerator Program shall control. 
 No Right to
Continued Employment 
 Nothing contained in this Accelerator Program, the RSUs, or any related document constitutes an employment or service commitment
by the Company (or any affiliate), affects your status (if you are employed at will) as an employee at will who is subject to termination at any time and for any reason, confers upon you any right to remain employed by or in service to the Company
(or any affiliate), or interferes in any way with the right of the Company (or any affiliate) to terminate your employment or to change your compensation or other terms of employment at any time. 

Program Administration and Interpretation 
 The
Accelerator Program will be administered by, and interpretation of the Accelerator Program, as it may apply to any one individual person, matter or circumstance, will be made by the CEO and Vice President of Human Resources (the “Program
Administrator”). This Accelerator Program is not intended and shall not be construed to imply an employment contract between EFI and any of its employees. In the event of any conflict between the provisions of the Accelerator Program and
the RSU Agreement, this Accelerator Program shall control. All actions taken and all interpretations and determinations made by the Program Administrator in respect of such documents and matters shall be conclusive and binding on all persons and
shall be given the maximum deference permitted by law. 
 Clawback Policy 

This Accelerator Program, the RSU Awards, any securities or other consideration you may receive in payment of or with respect to the RSU Awards, as well as any
bonus opportunity under this Accelerator Program, is subject to the terms of the EFI recoupment, clawback or similar policy as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain
circumstances require repayment or forfeiture of your bonus, awards or any shares of stock or other cash or property received with respect to your bonus or awards (including any value received from a disposition of any shares of stock you may
receive in payment of the RSU Awards). 
 Construction 

This Accelerator Program and the RSU Awards contemplated above are also intended to satisfy, and not be subject to any tax, penalty or interest under, Section
409A of the Internal Revenue Code. These arrangements shall be construed in accordance with such intents. 

  
 3 

 Program Changes and Duration of the Program 

This Accelerator Program is effective as of January 1, 2015. Together with the 2015 Bonus Program, it supersedes all prior performance based bonus
programs and shall not be modified or terminated unless authorized in writing by the Program Administrator and/or approved by the Compensation Committee. The Company reserves the right to modify, change or terminate the Accelerator Program at
any time including to revise goals, corporate objectives or to correct bona fide errors in the Accelerator Program, or for any other reason. Notices of such changes will be made in writing or via electronic mail to all Participants affected by
such changes. 
 These terms apply to the Program Year 2015 only and your bonus eligibility, targets, and any unvested RSUs do not carry over to the
following year. 
  
  

By signing this Accelerator Program, you acknowledge and accept that the potential value of your award is subject to market risk and any decline in
EFI’s common stock price may result in a lower realizable value upon vesting. You agree that any decline in the stock price impacting your bonus shall not be the responsibility of the Company and shall not constitute Good Reason under your
employment agreement. You agree that your awards are subject to termination as described above, and that you may not be eligible for any cash bonus with respect to 2015. 

I have read and understand the terms of this Accelerator Program and the documents referred to herein, I acknowledge and agree to the preceding
paragraph and to all of the terms and conditions of this Accelerator Program and such other documents. 
  

							
	  
	 		 	  
	  	
	[Participant Name]	 		 	[Date]	  	

  
 4EX-10.24

 Exhibit 10.24 
  

 
 EXECUTIVE EMPLOYMENT AGREEMENT 

On April 22, 2015, Marc Olin, an individual (“Executive”), and Electronics For Imaging, Inc. (“the Company”), hereby enter into an
Executive Employment Agreement (the “Agreement”). 
  

	1.	Position. 

 Executive will be employed as the Chief Financial Officer effective April 22, 2015 (the
“Effective Date”). Executive and the Company may mutually agree to change Executive’s position(s) or title(s), and the Company may from time to time alter the duties, responsibilities or functions initially associated with the
position(s). 
  

	2.	Primary Duties. 

 Executive will perform such duties and functions as are generally associated with the
position of Chief Financial Officer as well as such other specific duties and functions that are reasonably assigned to him from time to time by the Company’s Chief Executive Officer. 

 

	3.	Base Salary. 

 Beginning on the Effective Date, Executive will receive an annual base salary of $310,000,
which will be paid in accordance with the Company’s regular payroll practices, and which will be subject to withholding required by law. Thereafter, Executive’s annual base salary will be reviewed periodically to determine whether, in the
Board of Director’s or its Delegate Committee (the “Board) sole discretion, Executive’s base salary should be changed. 
  

	4.	Management Bonus Program. 

 Beginning on the Effective Date, Executive will be eligible to participate in
the Company’s annual management bonus program for executives under which he will be eligible to receive a bonus based on a percentage of his annual base salary and the achievement of performance targets established by the Board at the beginning
of the year. The award and payment of the executive bonus will be governed by the terms of the applicable management bonus program. The Board shall have the sole discretion to change or eliminate its management bonus program, to determine whether
Executive is entitled to any such bonus and to determine the amount of any such bonus. Except as provided in Section 9.a, if Executive’s employment terminates for any reason prior to the end of the calendar year, Executive’s entitlement to
any portion of the executive bonus or commission for that year will be determined pursuant to the then applicable management bonus program. 
  

	5.	Executive Benefits. 

 Executive will be eligible to participate in any employee benefit plans or programs
as in effect from time to time, including but not limited to group medical benefits and 401(k) plan, maintained or established by the Company to the same extent as other employees at Executive’s level within the Company, subject to the
generally applicable terms and conditions of the plan or program in question and the determination of any person or committee administering such plan or program. 

If Executive becomes entitled to any Severance Pay or Change of Control Severance Pay (as defined in section 9.a), the Company shall (i) continue to fully
subsidize Executive’s health insurance coverage under Part 6 of Title I of ERISA (“COBRA”) for the lesser of (x) the period of COBRA continuation coverage applicable to the Executive, or (y) the duration of the Severance Pay or Change
of Control Severance Pay and (ii) provide outplacement services to the Executive for a minimum of one (1) week of onsite counseling and ninety (90) days of counseling follow-ups (subject to a maximum of $35,000). 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

 Page 1 of 7 

	6.	Equity. 

 Executive may periodically be granted equity awards based on his performance. 

 

	7.	Other Obligations. 

 Executive will be subject to and agrees to adhere to all policies and procedures of
the Company, as amended from time to time, applicable to Executive’s position or level within the Company. Executive’s employment agreement is conditioned upon Executive’s faithful observance of the Company’s Employment,
Confidential Information and Invention Assignment Agreement (the “Confidential Information Agreement”), a copy of which is attached. 
  

	8.	At-Will Employment. 

 Executive’s employment with the Company is for no specified duration and is
at-will. Either Executive or the Company may terminate Executive’s employment or the terms of his employment at any time and for any reason, with or without cause and with or without notice. The at-will nature of Executive’s employment
with the Company may be altered only in writing expressly so stating signed by the Company’s Chief Executive Officer. However, as described in this Agreement, Executive may be entitled to severance benefits depending upon the circumstances of
the termination of Executive’s employment. 
  

	9.	Termination of Employment. 

  

	 	a.	Termination Before and After a Change of Control Without Cause or By Executive for Good Reason or for Good Reason Outside of a Change of Control. 

 

	 	(i)	Termination Before a Change of Control by the Company Without Cause or by the Executive for Good Reason Outside of a Change of Control. If, before a Change of Control (as defined in section 9(f)) or more than 24
months after a Change of Control, the Company terminates Executive’s employment Without Cause (as defined in section 9.d) or Executive voluntarily terminates his or her employment for Good Reason Outside of a Change of Control (as defined
in section 9(f)), provided that the termination of Executive’s employment constitutes a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h) (a “Separation from Service”), the Executive
shall be entitled to the following: (i) an amount equal to (A) twelve (12) months of his then-existing base salary, plus (B) an amount equal to the bonus the Executive would have earned had he been employed by the Company at the end of the calendar
year in which such Separation from Service occurred based on actual Company performance for that year multiplied by a fraction (x) the numerator of which is the number of completed months in that year through the date of such Separation from
Service, and (y) the denominator of which is twelve (12) (the “Current Bonus”) (in total, the “Severance Pay”), (ii) the equity acceleration or extension of vesting benefits, as the case may be, described below in this Section
9.a(i). 

 In such circumstances, in addition to Executive’s equity awards (such as Restricted Stock Awards, Restricted
Stock Units and the like) and stock options that were granted by the Company and vested immediately prior to such termination, the vesting of additional equity awards and options that were granted by the Company to Executive and are outstanding and
otherwise unvested immediately prior to such termination and are subject to only time-based (as opposed to performance-based) vesting conditions shall accelerate and become immediately vested and exercisable by the Executive or the Executive’s
estate, as if the Executive had remained continuously employed for a period of six (6) months following such termination (and if any of such awards vest other than on a monthly basis, the appropriate credit shall be given as if the vesting accrued
monthly). 
 In addition, as to any equity awards and options that were granted by the Company to Executive and are outstanding and
otherwise unvested immediately prior such termination and are subject to performance-based vesting conditions measured by the average per-share closing price of the Company’s common stock, vesting of such awards shall be extended and the share
price shall continue to be measured as if the Executive had remained continuously employed for a period of six (6) months following such termination. 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

  
 Page 2 of 7 

 In addition, as to any equity awards and options that were granted by the Company to Executive
and are outstanding and otherwise unvested immediately prior to such termination and are subject to any other performance-based vesting conditions, such awards shall continue to remain outstanding and unvested through the Determination Date or
equivalent, as the case may be, and shall vest and become exercisable by the Executive or the Executive’s estate upon the review of the performance goals and confirmation that the vesting conditions have been satisfied (the “Determination
Date”) by the Company or authorized committee, as the case may be, with the number of shares underlying such award or options vesting as determined by the Company or such committee, multiplied by a fraction (x) the numerator of which is the
number of completed months in that year through the date of such Separation from Service plus six (6) but under no circumstances shall the numerator exceed twelve (12), and (y) the denominator of which is twelve (12); provided, however,
that any options vested on such Determination Date shall remain exercisable for the earlier of the period prescribed in the Executive’s applicable stock option agreement or the expiration of its term; provided further, that should
the term of any option occur prior to the Determination Date, such option shall terminate according to its term; and provided further that in the event of a Change of Control (as defined in section 9.f hereto) occurring between the date
of termination of employment and the Determination Date, the Company or its successor shall have the right to terminate such equity awards and options. 

The Severance Pay other than the Current Bonus amount will be paid in a lump sum payment on the date that is sixty (60) days following the
Executive’s Separation from Service, and the Current Bonus portion of Executive’s Severance Pay, if any, shall be payable following the Company’s determination with regard to whether the performance targets in respect of such bonus
have been attained and in any event no later than two and one half (2-1/2) months following the calendar year in which Executive terminates employment. The Company is not obligated to pay the Severance Pay and
accelerate the vesting of Executive’s options and other equity awards unless the Executive signs and delivers to the Company’s Chief Executive Officer (within twenty-one (21) days after the date of Executive’s termination of
employment) a “Separation Agreement and Full Release Of All Claims” in the form of the attached agreement and the release becomes irrevocable. 
  

	 	(ii)	Termination After Change of Control by the Company Without Cause or by the Executive for Good Reason. If within twenty-four (24) months following a Change of Control (as defined in section 9.f), Executive’s
employment with the Company is terminated by the Company Without Cause or is voluntarily terminated by Executive for Good Reason (as defined in section 9.e), provided that the termination of Executive’s employment constitutes a Separation from
Service, Executive will receive the following: (i) an amount equal to (A) twelve (12) months of base salary, plus (B) the bonus the Executive would have earned had he been employed by the Company at the end of the calendar year (and as if 100% of
the performance targets, if any, were attained), with the amounts described in both (A) and (B) payable in a lump sum on the date that is sixty (60) days following the Executive’s Separation from Service, (ii) in addition to Executive’s
stock options that were vested immediately prior to such termination, the vesting of additional options shall accelerate in full and become exercisable by the Executive or the Executive’s representative, as the case may be, and such Stock
Options shall be exercisable until the earlier of either: (a) one (1) year from the termination date or (b) the date the stock options would have expired pursuant to their original terms on the date of grant or been terminated in connection with a
Change of Control or similar event, and (iii) in addition to Executive’s equity awards other than options (such as Restricted Stock Awards, Restricted Stock Units and the like) that were vested immediately prior to such termination, all of the
Executive’s other equity awards shall become fully vested and nonforfeitable (assuming the maximum level of performance in the case of any such outstanding equity awards with performance-based vesting conditions). This obligation to pay
Executive the Change of Control Severance Pay will be binding on the successor entity following the Change of Control, but shall remain an obligation of the Company if the successor entity fails to discharge it; provided, however, the Company is not
obligated to pay the Change of Control Severance Pay and accelerate the vesting of Executive’s options and other equity awards in the event of a Change of Control unless the Executive signs and delivers to the Company’s Chief Executive
Officer or President (within twenty-one (21) days after the date of Executive’s termination of employment) a “Separation Agreement and Full Release Of All Claims” in the form of the attached agreement and the release becomes
irrevocable. 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

  
 Page 3 of 7 

	 	(iii)	Section 409A Delay. Notwithstanding any provision to the contrary in the Agreement, if Executive is deemed by the Company at the time of his Separation from Service to be a “specified employee” (within
the meaning of Section 409A of the Code and regulations promulgated thereunder), to the extent delayed commencement of any portion of the termination benefits to which Executive is entitled under this Agreement is required in order to avoid a
prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of Executive’s termination benefits shall not be provided to Executive prior to the earlier of (A) the expiration of the six-month period measured from the date of
Executive’s Separation from Service with the Company or (B) the date of Executive’s death. Upon the expiration of the applicable Code Section 409A(a)(2)(B)(i) deferral period, all payments deferred pursuant to this Section 9.a.iv shall be
paid in a lump sum to Executive, and any remaining payments due under the Agreement shall be paid as otherwise provided herein. 

  

	 	b.	Other Terminations. If Executive’s employment with the Company terminates for any reason other than in the circumstances described in Section 9.a.i or 9.a.ii above (including a termination
for Cause or due to Executive’s death or disability), then Executive will (i) receive the base salary through the date of termination of employment and (ii) not be entitled to any other compensation or benefits (including, without limitation,
accelerated vesting of stock options) from the Company except to the extent provided under the applicable stock option agreements(s) or as may be required by law (for example, “COBRA” coverage under Section 4980B of the Code).

  

	 	c.	Cause. For all purposes under this Agreement, a termination for “Cause” shall mean a determination by the Company that the Executive’s employment with the Company is terminated for any of the
following reasons: (i) the Executive’s willful act of fraud, embezzlement, dishonesty or other misconduct; (ii) the Executive’s willful failure to perform his duties to the Company, failure to follow Company policies as set forth in
writing from time to time, or failure to follow the legal directives of the Company (other than failure to meet performance goals, objectives or measures), that is not corrected within thirty (30) days following written notice thereof to the
Executive by the Executive’s supervisor or the Company’s Chief Executive Officer, such notice to state with specificity the nature of the failure; (iii) the Executive’s material misappropriation of any material asset of the Company;
(iv) the Executive conviction of, or a plea of “Guilty” or “No Contest” to a felony; (v) Executive’s use of alcohol or drugs so as to interfere with the performance of his duties; (vi) the Executive’s willful
unauthorized use or disclosure of any proprietary information, customer lists or trade secrets of the Company or its affiliates or a breach by Executive of confidentiality agreement(s) with the Company; (vii) conduct which, in the Company’s
determination, is a material violation of Executive’s fiduciary obligations to the Company; or (viii) intentional material damage to any property of the Company. 

 

	 	d.	Without Cause. For all purposes under this Agreement, a termination of the Executive’s employment by the Company “Without Cause” shall mean a termination by the Company in the absence of
“Cause”, as defined above. 

  

	 	e.	Good Reason. For all purposes under this Agreement, “Good Reason” for the Executive’s resignation will exist if he resigned from employment with the Company, unless otherwise agreed to in writing
by the Executive, within 60 days after the initial occurrence of any of the following that is not corrected within thirty (30) days following written notice thereof to the Company by the Executive such notice to state with specificity the nature of
the failure: (i) any material reduction in his Base Salary or target bonus in local currency of 10% or more (excluding any voluntary reductions); (ii) any material reduction in his benefits, including the termination of this Agreement by the Company
without the written consent of the Executive; (iii) a change in his position with the Company or successor company that materially reduces his duties and responsibilities; (iv) a material office relocation of more 30 miles further from the
Executive’s primary residence; or (v) any other material breach by the Company of its obligations to the Executive under this Agreement. For clarity, the Executive’s change in position from the Company’s Chief Operating Officer to
Chief Financial Officer on or about the Effective Date does not give rise to Good Reason. 

  

	 	f.	Good Reason Outside of a Change of Control. For all purposes under this Agreement, “Good Reason Outside of a Change of Control” for the Executive’s resignation will exist if he resigned from
employment with the Company, unless otherwise agreed to in writing by the Executive, within 60 days after the initial occurrence of any of the following that is not corrected within thirty (30) days following written notice thereof to the Company by
the Executive such notice to state with specificity the nature of the failure: (i) any material reduction in his Base Salary or target bonus in local currency of 20% or more (excluding any voluntary reductions); (ii) a change in his position with
the Company that materially reduces his duties and responsibilities, including the termination of this Agreement by the Company without the written consent of the Executive (it being understood that the non-renewal of this Agreement under Section 13
below shall not constitute a termination of this Agreement by the Company without the written consent of the Executive); (iv) a material office relocation of more 60 miles further from the Executive’s primary residence; or (v) any other
material breach by the Company of its obligations to the Executive under this Agreement. 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

  
 Page 4 of 7 

	 	g.	Change of Control. For purposes of this Agreement, a “Change of Control” means the occurrence of any of the following events: 

 

	 	(i)	Any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) becomes the “beneficial owner” (as defined under said Act), directly or indirectly,
of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; or 

 

	 	(ii)	A change in the composition of the Board of Directors of the Company occurring within a two-year period, as a result of which fewer than a majority of the directors are Incumbent Directors. “Incumbent
Directors” shall mean directors who either (a) are directors of the Company as of the date hereof, or (b) are elected, or nominated for election, to the Board of Directors of the Company with the affirmative votes of at least a majority of the
Incumbent directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); or

 (A) A merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the
voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent (50%) of the total voting
power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or (B) a plan of complete liquidation of the Company approved by the stockholders of the Company, or (C)
the disposition by the Company (in a sale, transaction or other corporate event, or series of related sales, transactions or related corporate events) of all or substantially all of the Company’s assets (on a consolidated basis) unless, in the
case of a transaction or event referred to in clause (C), immediately after such transaction the assets that are sold or otherwise disposed of are owned by an entity that is owned directly or indirectly by the stockholders of the Company in
substantially the same proportions as their ownership of the Company’s common stock immediately preceding such transaction or event. 
  

	10.	Non-Solicitation. 

 During the Executive’s Employment Term, Executive, directly or indirectly,
whether as an employee, owner, sole proprietor, partner, director, member, consultant, agent, founder, co-venture or otherwise, will not engage, participate or invest in any business activity anywhere in the world which develops, manufactures or
markets products or performs services which are competitive with the products or services of the Company or products or services which the Company has under development or which are the subject of active planning. Executive is not prohibited from
purchasing equities or derivatives in any publicly traded any company. 
 For a period of twelve (12) months following the date the Executive ceases to be
employed with the Company for any reason (the “Restricted Period”), the Executive will not (i) directly or indirectly through any other person induce or attempt to induce any employee or independent contractor of the Company or any
affiliate of the Company to leave the employ or service, as applicable, of the Company or such affiliate, or in any way interfere with the relationship between the Company or any such affiliate, on the one hand, and any employee or independent
contractor thereof, on the other hand, or (ii) directly or indirectly make any statement that disparages the Company or any of its affiliates or has the purpose or effect of harassing or disrupting the business of the Company or any of its
affiliates. 
 During the Restricted Period, the Executive will not directly or indirectly through any other person solicit, influence or attempt to
influence customers, vendors, suppliers, licensors, lessors, joint venturers, associates, consultants, agents, or partners of the Company or any affiliate of the Company to divert their business away from the Company or such affiliate, and the
Executive will not otherwise interfere with, disrupt or attempt to disrupt the business relationships, contractual or otherwise, between the Company or any affiliate of the Company, on the one hand, and any of its or their customers, suppliers,
vendors, lessors, licensors, joint venturers, associates, officers, employees, consultants, managers, partners, members or investors, on the other hand. 

The Executive acknowledges that, in the course of his employment with the Company and/or its affiliates, he has become familiar, or will become familiar, with
the trade secrets of the Company and its affiliates and with other confidential and proprietary information concerning the Company and its affiliates and that his services have been and will be of special, unique and extraordinary value to the
Company and its affiliates. The Executive agrees that the foregoing nonsolicitation covenants are reasonable and necessary to protect the trade secrets and other confidential and proprietary information, good will, stable workforce, and
customer relations of the Company and its affiliates. 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

 Page 5 of 7 

	11.	Written Amendment or Modification; Waiver. 

 Except as provided in this paragraph, this Agreement may be
altered, modified, or amended only by a writing signed by Executive and the Company’s Chief Executive Officer or President of the Company expressly acknowledging that it is altering, modifying or amending the Agreement. No modification, waiver
or discharge of this Agreement will be effective unless in writing signed by the Executive and by the Company’s Chief Executive Officer or President of the Company. No waiver by either party of any condition or provision of this Agreement shall
be considered a waiver of any other condition or provision or a waiver of the same condition or provision at another time. 
  

	12.	Successors and Assigns. 

 This Agreement shall be binding upon Executive’s heirs, executors,
administrators and other legal representatives and will be for the benefit of the Company, its successors and assigns. This Agreement is specific to Executive and may not be assigned or substituted for without the express written consent of the
Company’s Chief Executive Officer or President of the Company. 
  

	13.	Term. 

 The term of this Agreement shall begin on the Effective Date and continue until the third
anniversary of the Effective Date and will automatically be renewed for one (1) year periods thereafter unless terminated by either party upon sixty (60) days written notice prior to the expiration of the term as then in effect and unless otherwise
terminated in accordance with the terms thereof. 
  

	14.	Entire Agreement. 

 This Agreement, and the attached Confidential Information Agreement, sets forth the
entire agreement and understanding between the Company and Executive relating to its subject matter, is fully integrated and supersedes all prior of contemporaneous discussions, representations, and agreements, whether oral or in writing, between
the parties on that subject matter, including the agreement between the Company and the Executive relating to the Executive’s appointment as Chief Operating Officer.
  

	15.	Governing Law; Consent to Personal Jurisdiction. 

 This Agreement shall be governed by the laws of the
State of California, without regard to the choice of law provisions thereof. Executive hereby expressly consents to personal jurisdiction in the State and federal courts located in California for any lawsuit arising from or relating to this
Agreement, without regard to his then-current residence or domicile. 
  

	16.	Severability. 

 The invalidity or unenforceability of one or more provisions of this Agreement shall not
affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect to the maximum extent of the law. 
  

	17.	Tax Matters. 

 All forms of compensation referred to in this Agreement are subject to applicable
withholding and payroll taxes. It is intended that the terms of this Agreement will not result in the imposition of any tax liability pursuant to Section 409A of the Code, and this Agreement shall be construed and interpreted consistent with that
intent. 
  

	18.	Clawback Rules and Policy. 

 This Agreement and all forms of compensation referred to in this Agreement
are subject to the “clawback” provisions of applicable law, rules and regulations as well as any Company clawback policy, as each may be adopted and in effect from time to time. 

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

  
 Page 6 of 7 

 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by its duly
authorized officer. 
  

									
	Electronics For Imaging, Inc.	 		 		 	
					
	By:	 	     /s/    Guy Gecht
	 		 	Date:	 	     4/22/2015

					
	Title:	 	     Chief Executive Officer
	 		 		 	
				
	Executive:	 		 		 	
				
	     /s/    Mark Olin
	 		 	Date:	 	     4/22/2015

  
  

Executive Employment Agreement 
 Form approved on November 3, 2010

  
 Page 7 of 7

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