Document:

First Amendment to Credit Agreement

 Exhibit 10.1 
 Execution Copy 
 JPMORGAN CHASE BANK, N.A. 
 FIRST AMENDMENT TO CREDIT AGREEMENT 
 (With Consent) 
 THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of this 28th day of May, 2009 by and between JPMORGAN CHASE BANK, N.A., a national bank
(“Lender”), MATERIAL SCIENCES CORPORATION, a Delaware corporation (“Borrower”), and each of the other Loan Parties signatory hereto, and has reference to the following facts and circumstances: 
 WHEREAS, on May 12, 2008, the Borrower and the other Loan Parties executed and delivered to Lender a Credit Agreement (“Credit
Agreement”) which set forth the terms and conditions of Lender’s extension of credit to Borrower; and 
 WHEREAS, at the
same time, Borrower executed and delivered to Lender its Revolving Loan Note (the “Note”) in the maximum principal amount of $15,000,000.00 to evidence amounts available to be loaned to Borrower pursuant to the Credit Agreement,
which Note has a scheduled Maturity Date of May 12, 2011; and 
 WHEREAS, pursuant to certain Collateral Documents including,
without limitation, Security Agreements, each of which was dated as of May 12, 2008, the Loan Parties granted Liens upon certain Collateral as security for the repayment of the Secured Obligations; and 
 WHEREAS, MSC Walbridge Coatings, Inc. (“Supplier”), has requested that Lender consent to its entry into a “Supplier Purchase
Agreement” dated as of April 24, 2009 with GM Supplier Receivables LLC, a Delaware limited liability company (“GM Purchaser”) and Citibank, N.A., a national banking association (“Citibank”) pursuant to
which Supplier will (a) sell certain Accounts to Purchaser (the “GM Receivables”), and (b) grant a security interest in such GM Receivables to GM Purchaser; and 
 WHEREAS, in order for Supplier to participate in the Supplier Purchase Agreement, the Loan Parties have requested that the Lender enter into a
“Lien Priority Agreement,” the form of which is attached hereto as Exhibit A; and 
 WHEREAS, Borrower may, in the future,
enter into an Agreement (the “Chrysler Purchase Agreement”) in form and substance substantially similar to the Supplier Purchase Agreement relative to Accounts due from Chrysler, LLC, (“Chrysler Receivables”),
pursuant to which, (i) the applicable Loan Party will sell the Chrysler Receivables to an affiliate of Chrysler (the “Chrysler Purchase”], (ii) grant a security interest in such Chrysler Receivables to Chrysler Purchaser
and (iii) which would also require Lender to enter into an agreement substantially similar to the Lien Priority Agreement with the purchaser of the Chrysler Purchaser (the “Chrysler Lien priority Agreement”]; and 

 WHEREAS, certain provisions in the Credit Agreement and the Security Agreements prohibit the sale
of Accounts or the granting of a security interest in Accounts by Loan Parties without the express written consent of Lender; and 
 WHEREAS, Lender is willing to consent to the execution of the Supplier Purchase Agreement and the Chrysler Purchase Agreement and is willing to execute the Lien Priority Agreement and the Chrysler Lien Priority Agreement, but
only on the terms, and subject to the conditions, hereinafter set forth. 
 NOW THEREFORE, for good and valuable consideration, the
receipt and adequacy of which is hereby acknowledged, the Parties hereto agree as follows: 
 ARTICLE 1. 
 AMENDMENTS AND AGREEMENTS 
 Section 1.1 Notwithstanding the provisions of Section 4.1(d) of the Security Agreements and Section 6.02 of the Credit Agreement, Lender hereby consents to the execution and performance of the Supplier Purchase Agreement and
waives any Event of Default that has occurred and may be continuing as a result of any Loan Party entering into the Supplier Purchase Agreement prior to the date hereof. Lender further agrees to execute and deliver the Lien Priority Agreement to
Borrower concurrently with the execution of this Amendment. 
 Section 1.2 Notwithstanding the provisions of Section 4.1(d) of the
Security Agreements and Section 6.02 of the Credit Agreement, Lender hereby consents to the execution and performance by any Loan Party of the Chrysler Purchase Agreement. Lender further agrees to execute and deliver the Chrysler Priority
Agreement promptly upon request by Borrower. 
 Section 1.3 (a) Notwithstanding the provisions of Section 4.l(e) of the
Security Agreements, Lender hereby consents to the creation of the security interest provided for in Section 2.3(c) of the Supplier Purchase Agreement, which security interest shall be limited to the GM Receivables only and shall not include
any other Collateral. (b) Notwithstanding the provisions of Section 4.l(e) of the Security Agreements, Lender hereby consents to the creation of the security interest provided for in the Chrysler Purchase Agreement, which security interest
shall be limited to the Chrysler Receivables only and shall not include any other Collateral. 
 Section 1.4 Notwithstanding the
provisions of Section 4.l(f) of the Security Agreements, Lender hereby consents to (a) the filing of a Uniform Commercial Code Financing Statement by the GM Purchaser, in accordance with Section 5.3(g) of the Supplier Purchase
Agreement, provided that such financing statement shall be limited to the Receivables owing to Supplier by an OEM Party and (b) the filing of a Uniform Commercial Code Financing Statement by Chrysler Purchaser in accordance with the Chrysler
Purchase Agreement provided that such financing statement shall be limited to the Chrysler Receivables. 
  

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 First Amendment to Loan Documents 
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 Section 1.5 All payments made to the Supplier pursuant to the Supplier Purchase Agreement shall be
made to a Designated Account as provided in Section 2.4 of the Supplier Purchase Agreement, which Designated Account shall be maintained with Lender. 
 Section 1.6 From and after the date hereof, Accounts due and payable to the Loan Parties, or any of them, by General Motors Corporation, a Delaware corporation or by Saturn Corporation shall under no
circumstances be considered an “Eligible Account” for purposes of the Credit Agreement. 
 Section 1.7 The definition of
“Revolving Commitment” in the Credit Agreement is hereby amended and restated to hereafter read as follows: 
 “‘Revolving Commitment’ means the commitment of the Lender to make Revolving Loans and Letters of Credit hereunder. The amount of the Lender’s Revolving Commitment is Ten Million and No/100 Dollars
($10,000,000.00).” 
 Section 1.8 From and after the date hereof, to the extent that the aggregate amount of Accounts owing
from Ford Motor Company and its Affiliates to the Loan Parties exceed fifteen percent (15%) of the aggregate Eligible Accounts, the excess portion of such Accounts shall be deemed ineligible. The percentage of Ford Motor Company Accounts
relative to the aggregate Eligible Accounts may be further modified by Lender from time to time in Lender’s Permitted Discretion. 
 Section 1.9 The definition of “Permitted Encumbrances” in the Credit Agreement is hereby amended by adding a new subsection (g) which shall provide as follows: 
 “(g) (i) Liens granted by MSC Walbridge Coatings, Inc. in favor of GM Supplier Receivables LLC, a Delaware limited liability company, in
accounts, instruments, documents, contract rights, general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to MSC Walbridge
Coatings Inc. by General Motors Corporation or by Saturn Corporation, whether now existing or hereafter created, and proceeds thereof and (ii) at any time after a Loan Party has entered into the Chrysler Purchase Agreement, Liens granted by a
Loan Party pursuant thereto in favor of an Chrysler, LLC or any of its affiliates in accounts, instruments, documents, contract rights, general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in
the State of New York), and all other forms of obligation owing to such Loan Party by Chrysler, LLC or its affiliates, whether now existing or hereafter created, and proceeds thereof.” 
  

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 First Amendment to Loan Documents 
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 Section 1.10 Section 5.01 of the Credit Agreement (“Financial Statements; Borrowing
Base and Other Information”) is hereby amended by (i) deleting the existing subsection (j) thereof in its entirety and (ii) deleting the term “30 days” from subsection (c) and replacing that with the term
“40 days.” Beginning as of the month of May, 2009, Borrower shall furnish to Lender the documents and information required pursuant to subsections (c), as amended herein, (e), and (f) of Section 5.01 at the times provided in said
subsections. 
 Section 1.11 Section 5.01 of the Credit Agreement is further amended by deleting the word “and” at the
end of subsection (h), changing subsection “(i)” to “(j)” and adding a new subsection (i) as follows: 
 “(i) As
soon as available, but in any event not later than the last day of each fiscal year of the Borrower, a copy of the plan and forecast (including a projected consolidated and consolidating balance sheet, income statement and funds flow
statement) of the Borrower and its subsidiaries for each month of the upcoming fiscal year (the “Projections”) in form reasonably satisfactory to the Lender; and” 
 Section 1.12 Section 6.05 of the Credit Agreement (“Asset Sales”) is hereby amended by deleting subsection (g) thereof,
and replacing same with the following: 
 “(g) So long as no Revolving Loans are outstanding under this Agreement, sales, transfers and
other dispositions of assets (other than Equity Interests in a Subsidiary unless all Equity Interests in such Subsidiary are sold) that are not permitted by any other paragraph of this Section, provided that the aggregate fair market
value of all assets sold, transferred or otherwise disposed of in reliance upon this paragraph (g) shall not exceed Five Million and No/100 Dollars ($5,000,000.00) during the initial term of this Agreement; and” 
 Section 1.13 A new section 6.12 (“Minimum Availability”) is hereby added to the Credit Agreement, which section shall be effective
as of June 1, 2009 and shall provide as follows: 
 “SECTION 6.12. Minimum Availability. At no time during the term of this
Agreement shall Availability be less than One Million and No/100 Dollars ($1,000,000.00).” 
 Section 1.14 The obligation of
the Lender to make Revolving Loans and to perform the amendments contemplated herein, and the effectiveness of this Amendment and the consents granted herein, is subject to satisfaction of the following conditions precedent: 
  

	 	(a)	All parties shall have executed this Amendment; 

  

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	 	(b)	Lender shall have received a fully executed First Amended Revolving Loan Note in the maximum principal amount of $10,000,000.00 dated of even date herewith;

  

	 	(c)	The Loan Parties shall have paid to Lender an amendment fee in the amount of $20,000.00; 

  

	 	(d)	Lender shall have received Certificates of Good Standing relative to each of the Loan Parties dated on or after the date hereof; 

  

	 	(e)	The Loan Parties shall have delivered to Lender resolutions or consents of their respective boards of directors authorizing the execution and performance hereof and of the First
Amended Revolving Loan Note; 

  

	 	(f)	Borrower shall have paid all costs and fees (including reasonable legal fees) incurred by Lender in connection with the preparation and performance of this Amendment promptly
after demand therefor. 

 Section 1.15 Additionally, from and after the date on which a Loan Party becomes party to the
Chrysler Purchase Agreement, if ever, the effectiveness of the amendment set forth in section 1.9(g)(ii) hereof and the effectiveness of the consents set forth in sections 1.2, 1.3(b) and 1.4(b) hereof are subject to receipt and satisfactory review
by Lender of the Chrysler Purchaser Agreement (it being agreed that the form Chrysler Purchase Agreement attached hereto as Exhibit B is satisfactory). 
 ARTICLE 2. 
 SECURITY 
 Section 2.1 Borrower hereby represents and warrants to Lender that all security interests, liens and encumbrances granted by the Loan Parties to
Lender to secure the repayment of the Secured Obligations shall continue in full force and effect and shall secure the repayment of all of the Secured Obligations including the Secured Obligations evidenced by the First Amended Revolving Loan Note
and any renewals, substitutions, or replacements thereof. 
 ARTICLE 3. 
 MISCELLANEOUS 
 Section 3.1 This Amendment shall be binding upon and inure
to the benefit of the successors and assigns of Borrower, the other Loan Parties and Lender. 
  

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 Section 3.2 Nothing contained in this Amendment shall be construed or interpreted or is intended as a
waiver of or limitation on any rights, powers, privileges or remedies that the Lender has or may have under the Credit Agreement or any other Loan Document or applicable law on account of any Default or Event of Default. 
 Section 3.3 Borrower and each other Loan Party hereby represent and warrant as of the date hereof that, after giving effect to this Amendment, (a) no
Default or Event of Default has occurred and is continuing and (b) all representations and warranties contained in the Loan Documents (with such term being deemed to include this Amendment and the Credit Agreement) are true and correct in all
material respects with the same effect as if made on and as of such date, except to the extent any such representations and warranties relate to a specific date, in which case such representations and warranties shall be deemed true and correct in
all material respects on and as of such date. 
 Section 3.4 Borrower and the other Loan Parties hereby expressly reaffirm each of the
covenants made by them in the Credit Agreement and other Loan Documents (in each case, as amended or otherwise modified as set forth in this Amendment). 
 Section 3.5 Each Loan Guarantor hereby (i) consents to the transactions contemplated hereby and (ii) acknowledges and agrees that the Loan Guaranty set forth in Article IX of the Credit Agreement (and all security
therefor) and all other Loan Documents previously executed by them are, and shall remain, in full force and effect after giving effect to this Amendment to the Credit Agreement. 
 Section 3.6 This Amendment may be executed by one or more of the parties hereto in any number of separate counterparts (which may include counterparts
delivered by facsimile transmission or electronic mail) and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Any executed counterpart delivered by facsimile transmission or electronic mail shall
be effective for all purposes hereof. 
 Section 3.7 Except as expressly amended hereby, the Credit Agreement and the other Loan Documents
shall remain in full force and effect. The Credit Agreement, as amended hereby, the Loan Documents and all rights and powers created thereby and hereunder or under such Loan Documents, are in all respects ratified and confirmed. From and after the
date hereof, the Credit Agreement shall be deemed to be amended and modified as herein provided but, except as so amended and modified, the Credit Agreement shall continue in full force and effect and the Credit Agreement and this Amendment shall be
read, taken and construed as one and the same instrument. On and after the date hereof, the term “Agreement” as used in the Credit Agreement and all other references to the “Agreement” therein, in any other instrument, document
or writing executed by the Loan Parties or furnished to Lender by the Loan Parties in connection therewith or herewith shall mean the Credit Agreement, as amended by this Amendment. 
  

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 Section 3.8 This Amendment and all other documents required hereunder to be executed by Borrower and the
other Loan Parties and delivered to Lender have been duly authorized, executed and delivered on the Loan Parties’ behalf pursuant to all requisite corporate authority and this Amendment and each of the other documents required hereunder to be
executed and delivered by the Loan Parties to Lender constitute the legal, valid and binding obligations of Borrower and the other Loan Parties enforceable in accordance with their terms, except as enforceability thereof may be limited by
bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to creditor’s rights. 
 Section 3.9 The Loan Parties
hereby acknowledge and agree that they have no defense, offset or counterclaim to the payment of principal, interest, fees or other Secured Obligations owing under the Credit Agreement and hereby waive and relinquish any such defense, offset or
counterclaim they might otherwise claim to have and hereby release Lender and its respective officers, directors, agents, affiliates, successors and assigns from any claim, demand or cause of action, known or unknown, contingent or liquidated, which
may exist or hereafter be known to exist relating to any matter arising in connection with the Credit Agreement or the Loan Documents or the administration thereof prior to the date hereof. 
 Section 3.10 Except as otherwise specified herein, this Amendment embodies the entire agreement and understanding between Lender and Borrower with
respect to the subject matter hereof and supersedes all prior agreements, consents and understandings relating to such subject matter. 
 Section 3.11 The recitals set forth at the beginning of this Amendment are true in all material respects and constitute an integral part of this Amendment. 
 Section 3.12 This Amendment shall be governed and controlled by the laws of the State of Illinois. 
 Section
3.13 Any capitalized term used herein, but not specifically defined or amended herein, shall have the meaning assigned to it in the Credit Agreement. 
 [SIGNATURE PAGE TO FOLLOW] 
  

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 First Amendment to Loan Documents 
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 IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and year specified at the
beginning hereof. 
  

			
	 BORROWER:
  
 MATERIAL SCIENCES CORPORATION,
 a Delaware
corporation

		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	LOAN PARTIES:
	
	MATERIAL SCIENCES CORPORATION, ENGINEERED MATERIALS AND SOLUTIONS GROUP, INC.,
	an Illinois corporation,
		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	MSC LAMINATES AND COMPOSITES, INC.,
	a Delaware corporation,
		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	 MATERIAL SCIENCES SERVICE CORPORATION,

	a Delaware corporation,
		
	By:	 	 

	Name:	 	 

	Title:	 	 

  

 JPMorgan Chase Bank, N.A. 
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	MSC PRE FINISH METALS (EGV), INC.,
	a Delaware corporation
		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	 MSC WALBRIDGE COATINGS, INC.
 a
Delaware corporation

		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	 MSC LAMINATES AND COMPOSITES
 (EGV), INC.,

	a Delaware corporation
		
	By:	 	 

	Name:	 	 

	Title:	 	 

	
	LENDER:
	
	 JPMORGAN CHASE BANK, N.A.,
 a national
bank

		
	By:	 	 

	Name:	 	 

	Title:	 	 

  

 JPMorgan Chase Bank, N.A. 
 First Amendment to Loan Documents 
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 EXHIBIT A 
 Form of Lien Priority Agreement 
  

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 First Amendment to Loan Documents 
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 LIEN PRIORITY AGREEMENT 
 THIS LIEN PRIORITY AGREEMENT is made as of
                                         by and
between GM Supplier Receivables LLC (“Purchaser”), with an address at
                                         and
                                        
(“Creditor”) with an address at
                                        .

 RECITALS: 
  

	 	A.	Creditor has loaned, extended credit or otherwise agreed to become a creditor of
                     (“Debtor”) and has received, in connection therewith, a security interest in certain property of Debtor,
including accounts receivable owed to Debtor by one or more account debtors including General Motors Corporation, a Delaware corporation (together with its subsidiaries and affiliates, “OEM”) (such receivables, including related
security and the proceeds thereof, the “Creditor Receivables”). 

  

	 	B.	Purchaser from time to time wishes to purchase from Debtor and Debtor wishes to sell to Purchaser, per the terms of that certain Supplier Purchase Agreement between Purchaser,
Debtor and Citibank, N.A., a national banking association (“Citibank”), certain accounts receivable owed to Debtor by OEM (such receivables, including related security and the proceeds thereof, the “Purchaser
Receivables”). 

  

	 	C.	It is the desire and intention of the parties hereto to establish, as between themselves, the priority, operation and effect of the security and other interests of Creditor and
Purchaser in the Creditor Receivables (including, without limitation, the Purchaser Receivables). 

  

	 	D.	Debtor, Purchaser and OEM are participating in the United States Department of the Treasury (“UST”) Auto Supplier Support Program, certain terms of which are
outlined in Annex A hereto (the “Program Terms”). 

 NOW, THEREFORE, intending to be legally bound hereby, the
parties hereto agree as follows: 
  

	 	1.	Creditor hereby consents to the sale by Debtor and purchase by Purchaser, from time to time, of the Purchaser Receivables. 

  

	 	2.	Effective upon the purchase by Purchaser of the Purchaser Receivables, Creditor agrees that the security interest of Creditor in the Purchaser Receivables is hereby released
automatically and without further action by Creditor or Debtor. If for any reason such purchase of Purchaser Receivables by Purchaser is judicially re-characterized as a grant of collateral by Debtor to secure a financing, then Creditor agrees that
its interest in the Purchaser Receivables is hereby made subordinate, junior and inferior, and postponed in priority, operation and effect, to the security interest of Purchaser in such Purchaser Receivables. Purchaser agrees that any interest it
may have in Creditor Receivables (other than Purchaser Receivables) is hereby made subordinate, junior and inferior, and postponed in priority, operation and effect, to the security interest of Creditor in the Creditor Receivables.

  

	 	3.	The priority and release in the Creditor Receivables and Purchaser Receivables set forth above are notwithstanding the operation or provisions of applicable law, the time, order or
method of attachment or perfection of security interests or the time and order of filing of financing statements or any other liens held by the parties, whether under the Uniform Commercial Code or other applicable law. 

  

	 	4.	Creditor and Purchaser agree that neither shall challenge, contest, or join or support any other person in challenging or contesting, whether directly or indirectly, the validity,
perfection, priority or enforceability of the other party’s security interest in the Purchaser Receivables or the Creditor Receivables, as applicable, in a manner inconsistent with this Agreement. 

  

	 	5.	 Purchaser agrees to immediately turn or pay over to Creditor any amounts that may come into its possession that derive from Creditor Receivables other than
Purchaser Receivables. Creditor agrees to immediately turn or pay over to Purchaser any amounts that may come into its possession that derive from Purchaser Receivables. Except as set forth above, neither party shall have any other duty or
obligation of any other nature, including with respect to the attachment or creation of 

	 	 
any other party’s security interest or any credit decisions of such other party with respect to Debtor. Creditor acknowledges that Purchaser and Debtor
have business relationships in addition to the purchase and sale of the Purchaser Receivables. 

  

	 	6.	This Agreement shall remain in effect for as long as the Supplier Purchaser Agreement between Purchaser, Debtor and Citibank remains in effect or amounts remain outstanding with
respect to Purchaser Receivables purchased by Purchaser, whichever is later (including during a bankruptcy proceeding involving Debtor). This Agreement will be binding upon and inure to the benefit of Creditor and Purchaser and their respective
successors and assigns. 

  

	 	7.	All notices, demands, requests, consents, approvals and other communications required or permitted hereunder (“Notices”) must be in writing and will be effective
upon receipt. Notices may be given in any manner to which the parties may agree. Without limiting the foregoing, first-class mail, facsimile transmission and commercial courier service are hereby agreed to as acceptable methods for giving Notices.
Regardless of the manner in which provided, Notices may be sent to a party’s address set forth above or to such other address as any party may give to the other in writing for such purpose in accordance with this Section.

  

	 	8.	This Agreement (including the documents and instruments referred to herein) constitutes the entire agreement and supersedes all other prior agreements and understandings, both
written and oral, between the parties with respect to the subject matter hereof. 

  

	 	9.	This Agreement may be executed in any number of counterparts, which taken together shall constitute a single copy of this Agreement. 

  

	 	10.	This Agreement is governed by the laws of the State of New York. Purchaser and Creditor agree that any New York State or Federal court sitting in New York City shall have
non-exclusive jurisdiction to settle any dispute in connection with this Agreement, and the parties hereby submit to the jurisdiction of those courts. Purchaser and Creditor each waive any right to immunity from jurisdiction to which it may be
entitled (including, to the extent applicable, immunity from pre- and post-judgment attachment and execution.) 

  

	 	11.	As additional collateral for loans received pursuant to the Program Terms, the Purchaser has collaterally assigned this Agreement to UST. The Creditor hereby acknowledges and
consents to such assignment. 

 IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement as of the date and year first above
written. 
  

									
	  
	 		 	GM SUPPLIER RECEIVABLES LLC
					
	By	 	  
	 		 	By	 	  

					
	Print Name:	 	  
	 		 	Print Name:	 	  

	Title:	 		 		 	Title:	 	
	Phone:	 		 		 	Phone:	 	

 Execution Version 
 Annex A - AUTO SUPPLIER PROGRAM TERMS 
  

	1.	THE PROGRAM. 

 These Program Terms apply to the Auto Supplier Support Program (the “Program”) established by the United States Department of the Treasury (the “Lender” or “UST”)
pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L. 110-343, enacted October 1, 2008), as amended (“EESA”), in which GM Supplier Receivables LLC, a Delaware limited
liability company (the “Borrower”), a wholly-owned subsidiary of General Motors Corporation, a Delaware corporation (the “OEM”), is a participant. 
  

	2.	CERTAIN AGREEMENTS RELATED TO THE PROGRAM.

 In connection with the Program, the Lender, the Borrower, the OEM, Saturn Corporation, a Delaware corporation
(“Saturn” and the OEM, the “OEM Parties”), Citibank, N.A., a national banking association (“Citi”), and Eligible Suppliers (defined below) are entering into certain agreements, including, among
others: 
 (a) that certain Credit Agreement dated as of April 3, 2009 between the Borrower and the Lender (the “Credit
Agreement”); 
 (b) that certain Security Agreement, of even date with the Credit Agreement, among the Borrower, the Lender, Citi as
servicer for the Borrower pursuant to the Servicing Agreement defined below (in such capacity, the “Servicer”) and Citi as Collateral Agent (in such capacity, the “Collateral Agent”) (the “Security
Agreement”); 
 (c) that certain Pledge Agreement, of even date with the Credit Agreement, among the OEM, Saturn, the Lender, the
Servicer and the Collateral Agent (the “Pledge Agreement”); 
 (d) that certain Servicing Agreement, of even date with the
Credit Agreement, between the Servicer and the Borrower (the “Servicing Agreement”); 
 (e) from time to time, Supplier
Purchase Agreements each among the Borrower, Citi and an Eligible Supplier, in substantially the form attached as Exhibit F of the Credit Agreement (each, a “Supplier Agreement”); and 
 (f) that certain Paying Services and Supplier Designation Agreement, of even date with the Credit Agreement, between the OEM and Citi as Paying Agent for
the OEM (in such capacity, the “Paying Agent”), in which Saturn has joined pursuant to that certain Joinder Agreement of even date with the Credit Agreement (the “Paying Services Agreement”). 

 All references to the agreements identified above in this Section 2 shall, unless otherwise
specified, be deemed to refer to such agreements as amended, supplemented, restated or otherwise modified from time to time, or any successor or replacement agreement which may be entered into from time to time, subject in each case to any
applicable limitations specified herein or therein. 
  

	3.	DEFINED TERMS. 

 In addition to the terms previously defined above, the following terms have the following respective meanings: 
 (a) “Adverse Claim”: any mortgage, pledge, security interest, hypothecation, assignment, encumbrance or lien of or on any Person’s assets or properties in favor of any other Person, other than a tax, mechanics’ or
other lien or encumbrance that attaches by operation of law or any subordinated lien permitted under a Lien Priority Agreement. 
 (b)
“Affiliate”: as to any Person, any other Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means
the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person, whether by contract or otherwise. 
 (c) “Business Day” means a day other than a Saturday, Sunday, a Federal holiday or other day on which commercial banks in New York City are authorized or required by law to close. 
 (d) “Credit Memo Receivable”: means a payment from an OEM Party to a Supplier representing an adjustment to an existing or past
Receivable as a result of missing invoices, incorrect receipt of goods, vendor scrap or other adjustments resulting from price changes, quantity discrepancies or vendor returns. 
 (e) “Due Date”: with respect a Payment Instruction or a Payment Notification, the Business Day on which the payment obligation of the
OEM Party in respect of that Payment Instruction or Payment Notification, as the case may be, will be due and payable, that date being the earlier of: 
  

	 	(i)	the date specified in the Payment Instruction or Payment Notification, as the case may be, for payment or if such date is not a Business Day, the first Business Day following that
date; and 

  

	 	(ii)	the date that is two (2) Business Days before the Maturity Date. 

 (f) “Eligible Receivable”: shall mean a Receivable which satisfies the following criteria: 
  

	 	(i)	it constitutes a trade account receivable representing a valid obligation of an OEM Party to make payment in United States Dollars to the Eligible Supplier for goods shipped or
delivered or services rendered to such OEM Party; 

  

 -2- 

	 	(ii)	unless such Receivable is a Credit Memo Receivable, it was originated (A) not before April 1, 2009 and (B) not more than 15 Business Days prior to such Purchase Date
in the ordinary course of the Eligible Supplier’s business; 

  

	 	(iii)	unless such Receivable is a Credit Memo Receivable, it has a Due Date at least 30 days after the date of its origination and not later than the earlier of (A) the date
occurring 90 days after the date of its origination and (B) the date 2 Business Days prior to the Maturity Date; 

  

	 	(iv)	it arises under an Underlying Contract (A) which, together with such Receivable, is in full force and effect and constitutes the genuine, legal, valid and binding payment
obligation in writing of an OEM Party, enforceable against such OEM Party in accordance with its terms and (B) with respect to which, no material default or breach by such OEM Party under the terms thereof has occurred;

  

	 	(v)	such Receivable, together with the Underlying Contract related thereto, complied at the time it was originated or made and, as of such Purchase Date, complies in all material
respects with all requirements of, and does not contravene in any material respect any, applicable federal, state or local laws and regulations; 

  

	 	(vi)	it has not been satisfied, subordinated, rescinded, or otherwise compromised; 

  

	 	(vii)	it is not subject to any counterclaim, contra-account, volume rebate, cooperative advertising accrual, deposit or offset; 

  

	 	(viii)	it does not arise from a bill-and-hold, guaranteed sale, sale-or-return, sale-on-approval, consignment or similar transaction and is not subject to repurchase, return, rejection,
repossession, loss or damage (other than, prior to April 17, 2009, any Eligible Supplier’s right of reclamation arising under Section 2-702 of the Uniform Commercial Code (or any analogous provision of the law applicable to such
Underlying Contract)); 

  

	 	(ix)	it represents a final sale with respect to which the goods giving rise to the Receivable have been delivered to and accepted by an OEM Party or the service giving rise to the
Receivable has been completely performed to the satisfaction of an OEM Party; 

  

	 	(x)	it is not evidenced by a note or other instrument or chattel paper or reduced to judgment; 

  

 -3- 

	 	(xi)	it is not by contract, subrogation, mechanics’ lien laws or otherwise, subject to claims by the Eligible Supplier’s creditors or other third parties, except for any
subordinated liens permitted under a Lien Priority Agreement; 

  

	 	(xii)	it does not constitute a service charge, warranty charge or similar charge; 

  

	 	(xiii)	it does not represent an accord and satisfaction in respect of any prior Receivable; 

  

	 	(xiv)	it has not been amended in any respect such that the Principal Balance thereof has been modified; 

  

	 	(xv)	it is not subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to it; 

  

	 	(xvi)	it is not the subject of any pending or threatened litigation; 

  

	 	(xvii)	it is free and clear of any Adverse Claim other than the security interest therein then being granted to Purchaser; 

  

	 	(xviii)	as to which Receivable, all filings (including UCC filings) necessary in any jurisdiction to give the Purchaser a first perfected ownership interest in such Receivable shall have
been made; 

  

	 	(xix)	as of the Purchase Date thereof, the Credit Agreement has not terminated and no notice of termination of the Commitment (as defined in the Credit Agreement) has been given by the
Lender thereunder; 

  

	 	(xx)	as of the Purchase Date thereof, the OEM is not the subject of any bankruptcy, insolvency or reorganization proceeding or any other proceeding seeking the entry of an order for
relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property; and 

  

	 	(xxi)	if such Receivable represents an obligation of Saturn, as of the Purchase Date thereof, Saturn is not the subject of any bankruptcy, insolvency or reorganization proceeding or any
other proceeding seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property. 

 provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or pursuant to, any Transaction Document
that any Receivable is an Eligible Receivable, such OEM Party or the Borrower (as the case may 

  

 -4- 

 
be) shall be deemed to have represented and warranted as to the matters set forth in clause (xi) of the definition of “Eligible Receivable” to
the knowledge of such OEM Party and the Borrower; and 
 provided further, that, in the context of any representation or warranty made
by the Eligible Supplier in, or pursuant to, any Supplier Agreement that any Receivable is an Eligible Receivable, the Eligible Supplier shall be deemed to have represented and warranted as to the matters set forth in clauses (xix) and
(xx) of the definition of “Eligible Receivable” to the knowledge of the Eligible Supplier; and 
 provided further,
that, in the context of any representation or warranty made by any Person in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented and warranted
as to the matters set forth in clause (xvi) (solely with respect to threatened litigation) to the knowledge of such Person; and 
 provided further, that, in the context of any representation or warranty made by any Person (other than Citi) in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such
Person shall be deemed to have represented and warranted as to the matters set forth in clause (xviii) of the definition of “Eligible Receivable” to the knowledge of such Person. 
 (g) “Eligible Supplier”: a Person that: 
  

	 	(i)	is not an Affiliate of the Borrower or any OEM Party; 

  

	 	(ii)	is a party to an Underlying Contract; 

  

	 	(iii)	has been designated by an OEM Party as an “Eligible Supplier” in a written notice to the Servicer for participation in the Program; 

  

	 	(iv)	is not an Ineligible Supplier; and 

  

	 	(v)	is (A) a party to a Supplier Agreement, and (B) not in breach of default of any of the representations, warranties or covenants of such Supplier Agreement;

 provided that, in the context of any representation or warranty made by the a Person in, or pursuant to, any Supplier
Agreement that such Person is an Eligible Supplier, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (iii) of the definition of “Eligible Supplier” to the knowledge of suck Person.

 (h) “Executive Order 13324” means Executive Order No, 13224, effective as of September 24, 2001 and relating to
Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism, 66 Fed. Reg. 49079 (2001). 
  

 -5- 

 (i) “Governmental Authority”: any nation or government, any state or other political
subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any
securities exchange and any self-regulatory organization. 
 (j) “Immediate Pay Receivable”: any Purchased Receivable with
respect to which the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at or immediately following the sale of such Purchased Receivable to the Borrower (i.e., Payment Option 1 under the
Supplier Agreement). 
 (k) “Ineligible Person”: any Person that: 
  

	 	(i)	is named, identified, described on or included on (A) the list of Specially Designated Nationals promulgated by OFAC from time to time or (B) any blocked persons list,
designated nationals lists, denied persons list entity list debarred party list, unverified list, sanctions list or other list of Persons with whom United States Persons may not conduct business, including lists published or maintained by the United
States Department of Commerce and lists published or maintained by the United States Department of State; 

  

	 	(ii)	is subject to the provisions of, or owned or controlled by or acting for or on behalf of any Person that is subject to the provisions of, Executive Order 13324;

  

	 	(iii)	commits, threatens or conspires to commit or threaten “terrorism” (as defined in Executive Order 13324); 

  

	 	(iv)	is subject to trade restrictions under United States law, including, but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701 et seq., the
Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., the foreign assets control regulations of UST (31 C.F.R. Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or regulations promulgated thereunder
(including Executive Order 13224 and the USA PATRIOT Act); or 

  

	 	(v)	is an Affiliate of or affiliated with any Person listed above; 

 provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or pursuant to, any Transaction Document that any Person is an Eligible Supplier or is not an Ineligible Supplier, such OEM
Party or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in the definition of “Ineligible Person” to the knowledge of such OEM Party and the Borrower. 
  

 -6- 

 (l) “Ineligible Supplier”: any Person: 
  

	 	(i)	that is an Ineligible Person; or 

  

	 	(ii)	as to which UST has notified the OEM Parties, the Borrower and the Servicer, in its capacity as servicer for the Borrower, that UST has determined, after reasonable consultation
with the Borrower and the OEM, that such Person is not eligible for participation in the Program; provided that such determination shall ultimately rest with UST in its sole discretion, notwithstanding any consultation with the Borrower or
OEM. 

 (m) “Insolvency Event” means, with respect to a specified Person: 
  

	 	(i)	the commencement of any case, proceeding or other action by such Person (A) under any existing or future law of any jurisdiction, domestic or foreign, relating to bancruptcy,
insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation,
dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of its assets; or

  

	 	(ii)	the commencement against such Person of any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order for relief or
any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 90 days; or 

  

	 	(iii)	the commencement against such Person of any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any
substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 90 days from the entry thereof; or 

  

	 	(iv)	such Person (excluding the OEM Parties) taking any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clause (i),
(ii), or (iii) above; or 

  

	 	(v)	such Person (excluding the OEM Parties) generally not, or being unable to, or admitting in writing its inability to, pay its debts as they become due; or 

 

 -7- 

	 	(vi)	such Person making a general assignment for the benefit of its creditors. 

 (n) “Lien Priority Agreement” means a Lien Priority Agreement between any Supplier and a creditor of such Supplier in the form attached as Exhibit C to the Servicing Agreement. 
 (o) “Maturity Date”: April 2, 2010, and any extensions of such date pursuant to the Credit Agreement. 
 (p) “OFAC” means the Office of Foreign Assets Control of UST. 
 (q) “Pay at Maturity Receivable”: any Purchased Receivable with respect to which the selling Eligible Supplier has elected under the
corresponding Supplier Agreement to be paid the Purchase Price at the Due Date thereof (i.e., Payment Option 2 under the Supplier Agreement). 
 (r) “Payment Instruction”: as defined in the Paying Services Agreement. 
 (s) “Person”: an
individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 
 (t) “Principal Balance” of a Receivable means the face amount of such Receivable specified in the associated Payment Instructions.

 (u) “Purchase Date” means, with respect to any Eligible Receivable, the date such Eligible Receivable becomes a Purchased
Receivable. 
 (v) “Purchase Price”: as defined in the Supplier Agreements. 
 (w) “Purchased Receivables”: Eligible Receivables purchased by Borrower from time to time pursuant to any Supplier Agreement.

 (x) “Purchaser”: Borrower, in its capacity as the “Purchaser” under any Supplier Agreement. 
 (y) “Receivables” means accounts, instruments, documents, contract rights, general intangibles and chattel paper (as such terms are
defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to a Supplier by an OEM Party, whether now existing or hereafter created, that represent bona fide obligations of the OEM Party
arising out of the Supplier’s sale and delivery of goods or services, together with the Related Security, and with respect to each of the foregoing, all proceeds thereof. 
 (z) “Related Security” means, with, respect to any Receivable (i) all of the related Supplier’s interest in any merchandise
(including returned merchandise) relating to any sale giving rise to such Receivable and all of the related Supplier’s rights of 

  

 -8- 

 
reclamation or rights to any administrative expense or priority claim under section 503(b)(9) of Title 11 of the United States Code or otherwise with respect
to any merchandise relating to any sale giving rise to such Receivable and all administrative claims related thereto arising as a result of any Insolvency Event with respect to the account debtor of any such Receivable; (ii) all security
interests or liens and property subject hereto purporting to secure payment of such Receivable; (iii) all tax refunds and proceeds of insurance with respect thereto; (iv) all guaranties, insurance, other agreements or arrangements of
whatever character from time to time supporting or securing payment of such Receivable; and (iv) all books, records and other information relating to such Receivable. 
 (aa) “Transaction Documents” has the meaning assigned in the Credit Agreement. 
 (bb) “Underlying Contract”: a contract (including a purchase order or invoice) entered into in the ordinary course of business between
an Eligible Supplier and an OEM Party pursuant to which the Eligible Supplier is entitled to receive payments from such OEM Party for goods and services provided to such OEM Party. 
 (cc) “USA PATRIOT Act”: the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism Act of 2001, Pub. L. 107-56. 
  

 -9-Performance Compensation Plan

 Exhibit 10.1 
 Red Hat, Inc. 
 2006 PERFORMANCE COMPENSATION PLAN 
 As Amended and Restated Effective June 19, 2008 
 Red Hat, Inc. (the “Company”), a Delaware corporation, hereby establishes and adopts the following 2006 Performance Compensation Plan, as amended from time to time (the “Plan”), to provide
incentive awards that are intended to qualify as “performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended. 
  

	1.	PURPOSES OF THE PLAN 

 The purposes of the Plan are
to advance the interests of the Company and its stockholders and assist the Company in attracting and retaining executive officers of the Company and its Affiliates who, because of the extent of their responsibilities can make significant
contributions to the Company’s success by their ability, industry, loyalty and exceptional services, by providing incentives and financial rewards to such executive officers. 
  

	2.	DEFINITIONS 

 2.1.
“Affiliate” shall mean any corporation, partnership or other organization of which the Company owns or controls, directly or indirectly, not less than 50% of the total combined voting power of all classes of stock or other
equity interests. 
 2.2. “Board” shall mean the board of directors of the Company. 
 2.3. “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto. 
 2.4. “Committee” shall mean the Compensation Committee of the Board or any subcommittee thereof formed by the Compensation
Committee to act as the Committee hereunder. For purposes of satisfying the requirements of Section 162(m) of the Code and the regulations thereunder, the Committee is intended to consist solely of “outside directors” as such term is
defined in Section 162(m) of the Code. 
 2.5. “Disability” shall mean any physical or mental condition of a
Participant that in the opinion of the Committee renders the Participant incapable of continuing to be an employee of the Company and its Affiliates. 
 2.6. “Participant” shall mean the Company’s Chief Executive Officer and each executive officer of the Company selected by the Committee pursuant to Section 4.1 to participate in this
Plan. 
 2.7. “Performance Award” shall mean an award under the Plan which shall be subject to the achievement of one
or more objective Performance Goals established by the Committee. 
 2.8. “Performance Goal” shall mean the
attainment of specified levels of one or any combination of the following: revenue growth, net revenues, gross margins, net margins, operating income, pre-tax income, after-tax income, net income, net earnings, EPS (basic and diluted), earnings
before taxes, earnings before interest and taxes, EBITDA, return on invested capital, return on equity, return on assets, economic value added, (or an equivalent metric), cash flow from operations, cash flow 

 
per share, changes in deferred revenues, share price performance, total shareholder return, improvement in or attainment of expense levels, improvement in or
attainment of working capital levels, attainment of strategic and operational initiatives, market share, gross profits, comparisons with various stock market indices, and/or implementation, completion or attainment of measurable objectives with
respect to research, development, products or projects. Performance Goals also may be based solely by reference to the Company’s performance or the performance of an Affiliate, division or business unit of the Company for or within which the
Participant is primarily employed, or based upon the relative performance of other companies, or upon comparisons of any of the indicators of performance relative to other companies. 
 2.9. “Performance Period” shall mean the Company’s fiscal year or such other period that the Committee, in its sole
discretion, may establish, provided no Performance Period shall be more than five years in length. 
  

	3.	ELIGIBILITY AND ADMINISTRATION 

 3.1.
Eligibility. The individuals eligible to participate in the Plan shall be the Company’s Chief Executive Officer and any other executive officer of the Company or an Affiliate selected by the Committee to participate in the Plan
(each, a “Participant”). 
 3.2. Administration. 
 (a) The Plan shall be administered by the Committee. The Committee shall have full power and authority, subject to the provisions of the Plan and subject
to such orders or resolutions not inconsistent with the provisions of the Plan as may from time to time be adopted by the Board, to: (i) select the Participants to whom Performance Awards may from time to time be granted hereunder;
(ii) establish Performance Goals and determine the terms and conditions of each Performance Award in compliance with the requirements of Code Section 162(m); (iii) determine whether a Performance Goal or Performance Award should be
adjusted to eliminate the effects of charges for restructurings, discontinued operations, extraordinary items and other unusual or non-recurring items, as well as the cumulative effect of accounting changes, in each case as determined in accordance
with generally accepted accounting principles or identified in the Company’s financial statements, notes to the financial statements, management’s discussion and analysis or other filings with the U.S. Securities and Exchange Commission;
(iv) determine the time when Performance Awards will be granted and paid and the Performance Period to which they relate; (v) certify the achievement of the Performance Goals underlying the Performance Award and the amount of the
Performance Award payable to each Participant in respect of each Performance Period; (vi) determine whether payment of Performance Awards may be deferred by Participants; (vii) interpret and administer the Plan and any instrument or
agreement entered into in connection with the Plan; (viii) correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award in the manner and to the extent that the Committee shall deem desirable to carry it into
effect; (ix) establish such rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (x) make any other determination and take any other action that the Committee deems
necessary or desirable for administration of the Plan. 
 (b) Decisions of the Committee shall be final, conclusive and binding on all
persons or entities, including the Company, any Affiliate, any Participant and any person claiming any benefit or right under an Award or under the Plan. 
  

 -2- 

	4.	AWARDS 

 4.1. Performance Period. Not
later than the earlier of (i) 90 days after the commencement of the Performance Period and (ii) the expiration of 25% of the Performance Period, the Committee shall, in writing, designate one or more Performance Periods, determine the
Participants for such Performance Periods, determine Performance Goals and the amount of each Performance Award. 
 4.2.
Certification. At such time as it shall determine appropriate following the conclusion of each Performance Period, the Committee shall certify, in writing, the attainment of the Performance Goal and the amount of the Performance Award
achieved for each Participant for such Performance Period. 
 4.3. Limitations on Grants to Individual Participants. No
Participant may be granted Performance Awards that are denominated in shares of the Company’s common stock in any 12-month period with respect to more than 1,000,000 shares. In addition to the foregoing, the maximum dollar value payable to any
Participant in any 12-month period with respect to Performance Awards that are valued in cash or in property other than shares is $10,000,000. The per-Participant limit described in this Section 10 shall be construed and applied consistently
with Section 162(m) of the Code, or any successor provision thereto, and the regulations thereunder. 
 4.4. Payment of
Awards. Performance Awards determined by the Committee for a Performance Period shall be paid in cash or, to the extent provided in a shareholder-approved stock plan of the Company, share awards under such plan. Payment to each Participant shall
be made no later than the fifteenth day of the third month following the end of the fiscal year of the Company in which the applicable Performance Period ends or such other date determined by the Committee and consistent with Section 409A of
the Code. 
 4.5. Commencement or Termination of Employment. If a person becomes a Participant during a Performance Period
(whether through promotion or commencement of employment) or if a person who otherwise would have been a Participant dies, retires or is Disabled, or if the person’s employment is otherwise terminated, during a Performance Period (except for
cause, as determined by the Committee in its sole discretion), the Award payable to such a Participant may, in the discretion of the Committee, be proportionately reduced based on the period of actual employment during the applicable Performance
Period. Nothing in this Section 4.5 is intended to prohibit establishing a Performance Period under Section 4.1 that is specific to the covered individual. 
 4.6. Adjustments. The Committee may adjust downwards, but not upwards, the amount payable pursuant to a Performance Award, and the Committee may not waive the achievement of the applicable Performance
Goals, except in the case of death or Disability of the Participant. 
  

	5.	MISCELLANEOUS 

 5.1. Amendment and
Termination of the Plan. The Board may, from time to time, alter, amend, suspend or terminate the Plan as it shall deem advisable, subject to any requirement for stockholder approval imposed by applicable law, including Section 162(m) of
the Code. No amendments to, or termination of, the Plan shall in any way impair the rights of a Participant under any Award previously granted without such Participant’s consent. 
 5.2. Section 162(m) of the Code. Unless otherwise determined by the Committee, the provisions of this Plan shall be administered and
interpreted in accordance with Section 162(m) of the Code to ensure the deductibility by the Company of the payment of Awards. 
  

 -3- 

 5.3. Tax Withholding. The Company or an Affiliate shall have the right to make all payments
or distributions pursuant to the Plan to a Participant, net of any applicable federal, state and local taxes required to be paid or withheld. The Company or an Affiliate shall have the right to withhold from wages, Awards or other amounts otherwise
payable to such Participant such withholding taxes as may be required by law, or to otherwise require the Participant to pay such withholding taxes. If the Participant shall fail to make such tax payments as are required, the Company or an Affiliate
shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to such Participant or to take such other action as may be necessary to satisfy such withholding obligations. 
 5.4. Right of Discharge Reserved; Claims to Awards. Nothing in this Plan shall provide any Participant a right to receive any Award or
payment under the Plan with respect to a Performance Period. Nothing in the Plan nor the grant of an Award hereunder shall confer upon any Participant the right to continue in the employment of the Company or an Affiliate or affect any right that
the Company or an Affiliate may have to terminate the employment of (or to demote or to exclude from future Awards under the Plan) any such Participant at any time for any reason. Except as specifically provided by the Committee, the Company shall
not be liable for the loss of existing or potential profit from an Award granted in the event of the termination of employment of any Participant. No Participant shall have any claim to be granted any Award under the Plan, and there is no obligation
for uniformity of treatment of Participants under the Plan. 
 5.5. Nature of Payments. All Awards made pursuant to the Plan
are in consideration of services performed or to be performed for the Company or an Affiliate, division or business unit of the Company. Any income or gain realized pursuant to Awards under the Plan constitute a special incentive payment to the
Participant and shall not be taken into account, to the extent permissible under applicable law, as compensation for purposes of any of the employee benefit plans of the Company or an Affiliate except as may be determined by the Committee or by the
Board or board of directors of the applicable Affiliate. 
 5.6. Other Plans. Nothing contained in the Plan shall prevent the
Board from adopting other or additional compensation arrangements, subject to stockholder approval if such approval is required; and such arrangements may be either generally applicable or applicable only in specific cases. 
 5.7. Severability. If any provision of the Plan shall be held unlawful or otherwise invalid or unenforceable in whole or in part by a court
of competent jurisdiction, such provision shall (a) be deemed limited to the extent that such court of competent jurisdiction deems it lawful, valid and/or enforceable and as so limited shall remain in full force and effect, and (b) not
affect any other provision of the Plan or part thereof, each of which shall remain in full force and effect. If the making of any payment or the provision of any other benefit required under the Plan shall be held unlawful or otherwise invalid or
unenforceable by a court of competent jurisdiction, such unlawfulness, invalidity or unenforceability shall not prevent any other payment or benefit from being made or provided under the Plan, and if the making of any payment in full or the
provision of any other benefit required under the Plan in full would be unlawful or otherwise invalid or unenforceable, then such unlawfulness, invalidity or unenforceability shall not prevent such payment or benefit from being made or provided in
part, to the extent that it would not be unlawful, invalid or unenforceable, and the maximum payment or benefit that would not be unlawful, invalid or unenforceable shall be made or provided under the Plan. 
 5.8. Construction. As used in the Plan, the words “include” and “including,” and variations thereof, shall not be
deemed to be terms of limitation, but rather shall be deemed to be followed by the words “without limitation.” 
  

 -4- 

 5.9. Unfunded Status of the Plan. The Plan is intended to constitute an
“unfunded” plan for incentive compensation and deferred compensation if permitted by the Committee. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any
rights that are greater than those of a general creditor of the Company. 
 5.10. Governing Law. The Plan and all
determinations made and actions taken thereunder, to the extent not otherwise governed by the Code or the laws of the United States, shall be governed by the laws of the State of Delaware, without reference to principles of conflict of laws that
might result in the application of the laws of another jurisdiction, and shall be construed accordingly. 
 5.11. Effective Date of
Plan. The Plan became effective as of the date approved by the stockholders of the Company. 
 5.12. Captions. The captions
in the Plan are for convenience of reference only, and are not intended to narrow, limit or affect the substance or interpretation of the provisions contained herein.
  

 -5-

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