Document:

Form of Stock Option Award Agreement for Non-Employee Directors

 Exhibit 10.19 
 QUINTILES TRANSNATIONAL HOLDINGS INC. 
 2008 STOCK INCENTIVE PLAN 

AWARD AGREEMENT 

(Awarding Nonqualified Stock Option) 
 THIS AWARD AGREEMENT (this “Agreement”) is made by and between Quintiles Transnational Holdings Inc., a North Carolina corporation (the “Company”), and [Director] (the
“Optionee”) pursuant to the provisions of the Quintiles Transnational Holdings Inc. 2008 Stock Incentive Plan (the “Plan”), which is incorporated herein by reference. Capitalized terms not defined in this Agreement shall have the
meanings given to them in the Plan. 
 WITNESSETH: 
 WHEREAS, the Optionee is providing, or has agreed to provide, services to the Company as a Director; and 
 WHEREAS, the Company considers it desirable and in its best interests that the Optionee be given a personal stake in the Company’s growth, development and financial success through the grant of an
option to purchase shares of the $.01 par value common stock of the Company (the “Shares”). 
 NOW, THEREFORE, in
consideration of the premises and the mutual agreements set forth herein, the parties agree as follows: 
 1. Grant of
Option. Effective as of [Date of Grant] (the “Date of Grant”), the Company hereby grants to the Optionee, an option (the “Option”) to purchase [Number of Shares] Shares at the Option Price per Share of
$[Option Price] (the “Option Price”), subject to the terms and conditions of the Plan and this Agreement. The future value of such Shares is unknown and cannot be predicted with certainty. If such Shares do not increase in value,
the Option will have no value. 
 2. Term of Option. Subject to earlier termination under Section 4 hereof, the term
of the Option shall be ten (10) years (the “Term”). 
 3. Vesting Schedule. The Option shall vest and
become fully exercisable as to 34% of the total number of Shares subject to the Option on the first anniversary of the date of grant and as to 33% of such number on the second and third anniversaries of the Date of Grant. 

In no event will any portion of the Option that is not vested and exercisable at the time of the termination of the Optionee’s
service relationship become vested and exercisable following such termination. 
 4. Termination of Option. Except as
otherwise provided herein, the Option shall terminate on the earliest to occur of the following: 

	 	(a)	The expiration of the Term of the Option. 

  

	 	(b)	 The 91st day after termination of the Optionee’s service relationship for any reason other than one specified in (c) or (d) below. 

 

	 	(c)	 The 366th day after termination of the Optionee’s service relationship as a result of the Optionee’s death, or a disability or retirement that is approved by the Committee for this purpose.

  

	 	(d)	Termination of the Optionee’s service relationship by the Company for reasons that would constitute Cause if the Optionee were an employee.

 5. Exercise of Option. The vested portion of the Option may be exercised in whole or in part by
delivery of an exercise notice in the form attached as Exhibit A (the “Exercise Notice”) which shall state the election to exercise the Option and set forth the number of Shares with respect to which the Option is being exercised.
The Exercise Notice shall be accompanied by payment of an amount equal to the aggregate Option Price as to all exercised Shares. Payment of such amount shall be by any of the following methods, or combination thereof, at the election of the
Optionee: (a) in cash or its equivalent; (b) by tendering (either by actual delivery or attestation) previously acquired Shares having an aggregate Fair Market Value at the time of exercise equal to the Option Price (provided that except
as otherwise determined by the Committee, the Shares that are tendered must have been held by the Optionee for at least six (6) months and a day, or such other period, if any, as the Committee may permit, prior to their tender if acquired under
the Plan or any other compensation plan maintained by the Company or on the open market); (c) if the Shares are Publicly Traded at such time, by a cashless (broker-assisted) exercise; or (d) any other method approved or accepted by the
Committee in its sole discretion. The Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by the aggregate Option Price. 

6. Optionee’s Representations. In the event the Shares have not been registered under the Securities Act of 1933, as
amended, at the time this Option is exercised, the Optionee shall, if required by the Company, concurrently with the exercise of all or any portion of this Option, deliver to the Company an investment representation statement in a form acceptable to
the Company. 
 7. Non-Transferability of Option. This Option may not be transferred in any manner otherwise than
by will or the laws of descent and distribution and, during the Optionee’s lifetime, may only be exercised by the Optionee, provided that the Committee may permit transfers to a Permitted Transferee. Any such Permitted Transferee shall be
subject to all the terms and conditions of the Plan and Award Agreement, including the provisions relating to the termination of the right to exercise the Option. 

  
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 8. Restrictions on Shares. The Shares acquired on exercise of the Option will
generally be nontransferable and subject to such other restrictions as are set out in Article 11 of the Plan. 
 9. Refusal
to Transfer. The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or the Plan or (ii) to treat as owner of such
Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred. 
 10. Successors and Assigns. The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement shall inure to the benefit of the successors and
assigns of the Company. Subject to the restrictions on transfer herein set forth, the terms and conditions of the Plan and this Agreement shall be binding upon the Optionee and his or her heirs, executors, administrators, successors and assigns.

 11. Interpretation. Any dispute regarding the interpretation of this Agreement shall be submitted by the Optionee or
by the Company forthwith to the Committee, which shall review such dispute at its next regular meeting. The resolution of such a dispute by the Committee shall be final and binding on all parties. 

12. Tax Consequences. The exercise of this Option and the subsequent disposition of the Shares may cause the Optionee to be
subject to federal, state and/or foreign taxation. The Optionee should consult a tax advisor before exercising this Option or disposing of the Shares purchased hereunder. 
 13. Acknowledgement. The Optionee acknowledges and agrees: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant
of the Option does not create any contractual or other right to receive future grants of options or any right to continue the Optionee’s service relationship with the Company (for the vesting period or otherwise); (iii) that the Optionee
remains subject to discharge from such relationship to the same extent as if the Option had not been granted; (iv) that all determinations with respect to any such future grants, including, but not limited to, when and on what terms they shall
be made, will be at the sole discretion of the Committee; (v) that participation in the Plan is voluntary; (vi) that the value of the Option is an extraordinary item of compensation that is outside the scope of the Optionee’s
employment contract if any; and (vii) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or
retirement benefits or similar benefits. 
 14. Optionee Data Privacy. As a condition of the grant of this Option, the
Optionee consents to the collection, use and transfer of personal data as described in this paragraph. The Optionee understands that the Company and its Affiliates hold certain personal information about the Optionee, including but not limited to
the Optionee’s name, home address and telephone number, date of birth, social security number, salary, nationality, job title, shares of common stock or directorships held in the Company, details of all Options or other entitlement to shares of
common stock awarded, cancelled, exercised, vested, unvested or outstanding in the 

  
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Optionee’s favor for the purpose of managing and administering the Plan (“Data”). The Optionee further understands that the Company and/or its Affiliates will transfer Data amongst
themselves as necessary for the purposes of implementation, administration and management of the Optionee’s participation in the Plan, and that the Company and/or any of its Affiliates may each further transfer Data to any third parties
assisting the Company in the implementation, administration and management of the Plans. The Optionee understands that these recipients may be located in the Optionee’s country of residence or elsewhere. The Optionee authorizes them to receive,
possess, use, retain and transfer Data in electronic or other form, for the purposes of implementing, administering and managing the Optionee’s participation in the Plan, including any requisite transfer of such Data as may be required for the
administration of the Plan and/or the subsequent holding shares of common stock on the Optionee’s behalf to a broker or other third party with whom the shares acquired on exercise may be deposited. The Optionee understands that the Optionee
may, at any time, view the Data, require any necessary amendments to it or withdraw the consent herein in writing by contacting the local human resources representative. 
 15. Confidentiality. The Optionee agrees not to disclose the terms of this offer to anyone other than the members of the Optionee’s immediately family or the Optionee’s counsel or
financial advisors and agrees to advise such persons of the confidential nature of this offer. 
 16. Entire Agreement;
Governing Law. The Plan is incorporated herein by reference. The Plan and this Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and
agreements of the Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. This Agreement is governed by
the internal substantive laws but not the choice of law rules of North Carolina. 
  

									
	OPTIONEE	 		 	QUINTILES TRANSNATIONAL HOLDINGS INC.
				
	  
	 		 	By:	 	  

	Signature	 		 	Name:	 	  

	Name:	 	  
	 		 	Title:	 	  

  
 4 

 Exhibit A 
 QUINTILES TRANSNATIONAL HOLDINGS INC. 
 EXERCISE NOTICE FOR 2008 STOCK
INCENTIVE PLAN 
 (Active Directors) 
 Quintiles Transnational Holdings Inc. 
 4820 Emperor Blvd 

Durham, NC 27703 
 Attention: Stock Plan
Administrator 
 1. Exercise of Option. Effective as of today,
                    , 20    , the undersigned (the “Optionee”) hereby elects to exercise the
Optionee’s option (the “Option”) to purchase                      shares of the Common Stock (the “Shares”) of
Quintiles Transnational Holdings Inc. (the “Company”) under and pursuant to the Quintiles Transnational Holdings Inc. 2008 Stock Incentive Plan (the “Plan”) and the Award Agreement with a grant date of
                    , 20     (the “Award”). The Grant Number of the Option is
                    , and the per share exercise price is $            .

 2. Delivery of Payment. The Optionee herewith delivers to the Company the aggregate exercise price of the Option, as
set forth in the Award, by means of (check one): 
  

	 	 ̈	a check in U.S. dollars made payable to Quintiles Transnational Holdings Inc. or bank transfer; 

or 
  

	 	 ̈	(i) a share certificate (or certificates) representing previously acquired shares held by the Optionee for at least six (6) months and a day) and (ii) a check in U.S.
Dollars made payable to Quintiles Transnational Holdings, Inc. or bank transfer that, in combination, have an aggregate value (the Fair Market Value of the shares delivered plus the check or bank transfer amount) equal to the aggregate exercise
price of the Option. 

 3. Representations of Optionee. The Optionee acknowledges that the Optionee has
received, read and understood the Plan and the Award and agrees to abide by and be bound by their terms and conditions. The Optionee represents that he or she is purchasing the Shares for his or her own account, solely for investment and without a
view to the distribution or resale thereof. The Optionee represents that (A) he or she is an “accredited investor” within the meaning of Rule 501 under the Securities Act of 1933, as amended, as described on Attachment A, (B) he
or she is knowledgeable, sophisticated and experienced in business, financial and investment matters and is capable of evaluating the merits and risks of the investment and making an informed decision to exercise the option and purchase the
underlying Shares, and (C) he or she is able to bear the economic risk of an investment in the Shares for an indefinite period of time and able to afford the complete loss of such investment. In making the decision to exercise the option(s) the
Optionee has relied upon his or her own independent investigations or 

 
those made by his or her representatives, if any (including professional, financial, tax, legal and other advisors). The Optionee (and his or her representatives, if any) has had an opportunity
to request and review information, and ask and have his or her questions answered, with respect to the Company, desires no further additional information concerning the Company or its operations, and deems such information received and reviewed
adequate to evaluate the merits and risks of the Optionee’s investment in the Company. 
 The Optionee understands further that the Shares
may constitute “restricted securities” under the Securities Act of 1933, as amended (the “Securities Act”), and have not been registered under the Securities Act or applicable “Blue Sky” laws of any state or foreign
jurisdiction (collectively, the “Applicable Securities Laws”), in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of the Optionee’s investment intent as expressed
herein. The Optionee further understands that the Shares may not be sold, transferred or otherwise disposed of except pursuant to an effective and current registration under the Applicable Securities Laws or, if available, an exemption therefrom.
The Optionee further acknowledges and understands that the Company is under no obligation to register the Shares. 
 The Optionee is familiar
with the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a
non-public offering subject to the satisfaction of certain conditions. The Optionee further understands that in the event all of the applicable requirements of Rule 701 or 144 are not satisfied, registration under the Securities Act, compliance
with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rules 144 and 701 are not exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons
proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rules 144 or 701 will have a substantial burden of proof in establishing that an exemption from registration is available for such
offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk. The Optionee understands that no assurances can be given that any such other registration exemption will be available
in such event 
 The Optionee acknowledges that the Company is relying upon each of the above representations in connection with the exercise of
the option and the issuance of the underlying Shares. 
 4. Rights as Shareholder. Until the issuance of the Shares (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Shares, notwithstanding
the exercise of the Option. The Shares shall be issued to the Optionee as soon as practicable after the Option is exercised. No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance except
as provided in the Plan. 
 5. Tax Consultation and Withholding. The Optionee understands that the Optionee may suffer
adverse tax consequences as a result of the Optionee’s purchase or disposition of the Shares. The Optionee represents that the Optionee has consulted with any tax consultants the 

 
Optionee deems advisable in connection with the purchase or disposition of the Shares and that the Optionee is not relying on the Company for any tax advice. 

6. Restrictive Legends. The Optionee understands and agrees that the Company shall cause the legends set forth below or legends
substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required by the Company or by state or federal securities laws: 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD OR TRANSFERRED EXCEPT PURSUANT TO (I) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND IN COMPLIANCE WITH APPLICABLE STATE
SECURITIES LAWS OR (II) AN APPLICABLE EXEMPTION FROM REGISTRATION THEREUNDER OR UNDER APPLICABLE STATE SECURITIES LAWS. INVESTORS SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF
TIME. 
 THE ISSUER WILL FURNISH IN WRITING AND WITHOUT CHARGE TO EACH SHAREHOLDER WHO SO REQUESTS THE DESIGNATIONS, RELATIVE RIGHTS,
PREFERENCES AND LIMITATIONS APPLICABLE TO EACH CLASS OF SHARES AND THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES (AND THE AUTHORITY OF THE BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES). 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE QUINTILES TRANSNATIONAL HOLDINGS INC. 2008 STOCK INCENTIVE PLAN (FORMERLY THE QUINTILES
TRANSNATIONAL CORP. 2008 STOCK INCENTIVE PLAN), AS SUCH PLAN MAY BE ALTERED, AMENDED, RESTATED OR MODIFIED FROM TIME TO TIME, AND MAY NOT BE SOLD, PLEDGED, ENCUMBERED OR OTHERWISE TRANSFERRED OTHER THAN TO A PERMITTED TRANSFEREE IN ACCORDANCE WITH
THE PROVISIONS THEREOF AND ANY TRANSFEREE OF THESE SECURITIES SHALL BE SUBJECT TO THE TERMS OF SUCH PLAN. COPIES OF THE FOREGOING PLAN ARE MAINTAINED WITH THE CORPORATE RECORDS OF THE ISSUER AND ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICES
OF THE ISSUER. 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO AN AWARD AGREEMENT BETWEEN THE ISSUER AND THE HOLDER, AS
SUCH AGREEMENT MAY BE AMENDED, RESTATED OR MODIFIED FROM TIME TO TIME, AND MAY NOT BE TRANSFERRED, SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT IN ACCORDANCE WITH THE PROVISIONS THEREOF AND ANY TRANSFEREE OF THESE SECURITIES
SHALL BE SUBJECT TO THE TERMS OF SUCH AGREEMENT. COPIES OF THE FOREGOING AGREEMENT ARE MAINTAINED WITH THE CORPORATE RECORDS OF THE ISSUER AND ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICES OF THE ISSUER. 

 7. Confidentiality. The Optionee agrees that the Company has provided to the
Optionee, and may provide the Optionee in the future, with certain information (any and all such information, collectively, the “Information”) to enable the Optionee to determine whether to purchase Shares of the Company by exercising his
or her options, and the Optionee agrees (I) to keep strictly confidential any and all Information provided to him or her by the Company and to not disclose the Information to any third party (except as hereinafter provided) or otherwise use the
Information for any purpose other than his or her evaluation of the purchase of Shares in connection with the exercise of the option; (II) not to copy all or any portions of the Information; and (III) to return any and all Information to the Company
upon its request. Notwithstanding the foregoing, the Optionee may disclose the Information to its legal, tax and other advisors so long as such advisors agree to be bound by the terms of these confidentiality provisions, and so long as the Optionee
agrees to be responsible for any such advisor’s breach of the terms of this provision. 
 8. Governing Law. This
Agreement shall be governed by the internal substantive laws but not the choice of law rules of North Carolina. 
 9. Entire
Agreement. The Plan and Award are incorporated herein by reference. This Agreement, the Plan, and the Award constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior
undertakings and agreements of the Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and the Optionee. 

 

									
	Submitted by:	 		 	Accepted by:
			
	OPTIONEE	 		 	QUINTILES TRANSNATIONAL HOLDINGS INC.
				
	  
	 		 	By:	 	  

	Signature	 		 	Name:	 	  

	Name:	 	  
	 		 	Title:	 	  

		 		 		 	Date:	 	  

 Attachment A 
 For purposes of Rule 501 under the Securities Act of 1933, as amended, an “accredited investor” includes an individual investor who, at the time of the purchasing the security (in this case,
upon exercise of the option): 
  

	 	•	 	 Is a director or executive officer of the company issuing the securities (in this case, Quintiles Transnational Holdings Inc.);

 or 
  

	 	•	 	 Has an individual net worth, or joint net worth with that person’s spouse, that exceeds $1,000,000 (determined in each case without regard to the
value of that person’s primary residence or any indebtedness secured by the primary residence up to its fair market value, but including in such determination the amount, if any, by which the indebtedness secured by that person’s primary
residence exceeds the fair market value of such primary residence)1; 

 or 

 

	 	•	 	 Has individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000
in each of those years and has a reasonable expectation of reaching the same income level in the current year. 

 

	1 	If you have incurred indebtedness secured by your primary residence within the last 60 days, please contact the Stock Plan Administrator through Global Incentives for
additional information.Quintiles Transnational Corp. Elective Deferred Compensation Plan

 Exhibit 10.20 
 QUINTILES TRANSNATIONAL CORP. 
 ELECTIVE DEFERRED COMPENSATION PLAN

 (Amended and Restated Effective November 6, 2008 

for Deferrals On and After January 1, 2005) 
 The purpose of the Quintiles Transnational Corp. Elective Deferred Compensation Plan (Amended and Restated for Deferrals On and After January 1, 2005) (the “Plan”) is to further the success
of Quintiles Transnational Corp. (the “Company”) by providing deferred compensation for a select group of management and highly compensated employees, thereby giving such persons an additional incentive to continue in the employ of the
Company. The Plan is an unfunded, nonqualified deferred compensation plan governed by Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and a “top hat” plan under the Employee Retirement Income
Security Act of 1974, as amended (“ERISA”). The Plan shall govern compensation that is deferred beginning January 1, 2005 and earnings thereon. The Plan is a successor to the Quintiles Transnational Corp. Elective Deferred
Compensation Plan (as Amended November 6, 2003), which shall continue to govern compensation deferred through December 31, 2004 and earnings thereon. 
 ARTICLE I 
 ADMINISTRATION 

The Plan shall be administered by the Compensation Committee (the “Committee”) of the Company’s Board of Directors (the
“Board”). The Committee shall report all of its actions to the Board. Except as otherwise provided herein, the Committee shall have absolute discretionary authority to interpret and construe the provisions of the Plan as it deems
appropriate, including the absolute discretionary authority to determine eligibility for benefits under the Plan. The Committee shall have the duty and responsibility of maintaining records, making the requisite calculations and disbursing the
payments hereunder. The interpretations, determinations, regulations and calculations of the Committee shall be final and binding on all persons and parties concerned. The Committee shall furnish individual statements of accrued benefits to each
participant or current beneficiary no less frequently than annually, in such form as may be determined by the Committee or required by law. In order to discharge its duties hereunder, the Committee shall have the power and authority to delegate
ministerial duties and to employ such outside professionals as may be required for prudent administration of the Plan. No member of the Board or the Committee, and no officer or employee of the Company, shall be liable to any person for any action
or determination that he or she makes in good faith in connection with the administration of the Plan. 
 ARTICLE II 

ELIGIBILITY AND PARTICIPATION 
 Section 2.1 Eligibility. All management or highly compensated employees of the Company located within the United States who reach Grade Level 34 or higher shall be eligible to participate in
the Plan; provided, however, that in no event shall non-resident aliens who 

 
receive no earned income from the Company that constitutes income from sources within the United States be eligible to participate in the Plan. 

Section 2.2 Election to Participate. The individuals described in Section 2.1 may elect to participate in the Plan by
submitting a written election to the Committee in the form attached or in such other form as may be determined by the Committee (the “Deferral Election Form”). Except as otherwise provided herein, elections to defer payment of compensation
must be made before the beginning of the calendar year for which the compensation is payable. In the first year in which a participant becomes eligible to participate in the Plan, the newly eligible participant may make an election to defer payment
of compensation for services to be performed subsequent to the election within 30 days after the date the participant becomes eligible. Elections to defer shall be irrevocable as to the compensation for which they are made. Except for in-service
distribution elections under Section 4.2 below which must be elected on an annual basis or as otherwise provided herein, deferral elections (including elections covering deferral percentages, investments, distribution options, and beneficiary
designations) shall remain effective for all subsequent calendar years unless revoked or changed by a participant in accordance with Section 2.4. For purposes of this Plan, the term “compensation” shall mean, for any calendar year (or
portion of a calendar year in the event of a newly-eligible participant), the sum of the participant’s base cash salary as of the first day of such year plus any cash bonus and/or commission payable to the participant with respect to services
rendered in such year or partial year; provided, however, that participants may make separate deferral elections with respect to base salary and bonuses or commissions as permitted by the Deferral Election Form. 

Section 2.3 Minimum and Maximum Deferrals. The maximum amount of compensation that may be deferred with respect to any
calendar year (or portion of a calendar year in the event of a newly-eligible participant) shall be 90% of the participant’s base cash salary as of the first day of such year or partial year and 100% of any cash bonus and/or commission payable
to the participant with respect to services rendered in such year or partial year. 
 Section 2.4 Change or Cancellation
of Deferrals. A participant may only change or revoke an existing deferral election with respect to compensation to be paid in future years. Such changes or revocations must be made by filing a written notice with the Committee prior to the
beginning of the calendar year for which such change is to take effect. If a participant elects to cease deferrals for a future year, the participant must make a new election to again become a participant in the Plan. Any new election to defer
payment of compensation must be made prior to commencement of the calendar year for which such compensation would be payable in accordance with the election procedures outlined in Section 2.2 above. Notwithstanding the foregoing or any other
provision of this Plan to the contrary, the Committee may, in its discretion, permit a participant to revoke an existing deferral election mid-year and cease future deferrals for the remainder of the calendar year due to an unforeseeable emergency
as defined in Section 4.4 below or a hardship distribution pursuant to Treas. Reg. § 1.401(k)-1(d)(3). 

Section 2.5 Deferred Compensation Account; Reporting on Form W-2. For each individual electing to participate in the Plan,
the Company shall establish and maintain a Deferred Compensation Account on the Company’s books and records. The amount of each 

  
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participant’s deferred compensation shall be credited to this account as of the date such compensation otherwise would be payable. No amount shall actually be set aside for payment under the
Plan. Any participant to whom an amount is credited under the Plan shall be deemed a general, unsecured creditor of the Company. To the extent required by Code Section 6051 and the regulations thereunder, the Company shall report on Form W-2
for each participant the total amount of the participant’s deferrals for each calendar year under the Plan. 
 ARTICLE III

 DEFERRED COMPENSATION 
 Section 3.1 Investment Election. Each participant shall be entitled to make an initial investment election as set forth in the Deferral Election Form and submit these elections to the Company.
A participant may change an investment election at any time by completing and submitting only a revised “Investment Allocation,” as taken from the Deferral Election Form, or by submitting election changes electronically by means of
the Internet as directed by the Committee. Changes in investment elections shall become effective as soon as practicable after they have been properly submitted, generally as of the next market trading day after they have been processed. The
investments from which participants may choose shall be subject to change at the discretion of the Committee. The Committee reserves the right to shift any amount designated for an investment option eliminated by the Committee to the investment that
the Committee determines, in its discretion, most closely resembles the eliminated investment. 
 Section 3.2 Rate of
Return. All amounts credited under the terms of the Plan to a Deferred Compensation Account (or sub-account) maintained in the name of a participant shall be deemed to have been invested pursuant to the participant’s investment election as
then in effect. Each participant’s Deferred Compensation Account (or sub-account) shall be credited or debited on each day securities are traded on a national stock exchange, with the amount of deemed investment gain or loss resulting from the
performance of the investment funds elected by the participant under Section 3.1 above until such time as the entire account has been distributed to the participant or to the participant’s beneficiary. In the case of a lump-sum
distribution, as provided under Section 4.1(a) below, investment gains and losses shall cease to accrue to a participant’s account as of the date of the participant’s termination of employment with the Company and all related
employers of the Company, as determined under Section 4.1 below. Although the performance of the investments selected by a participant shall be used to determine the rate of return on the participant’s account, deferrals will not
necessarily be invested by the Company in the investments selected by the participant. 
 ARTICLE IV 

DISTRIBUTION 

Section 4.1 Separation from Service. Except in the case of a participant who is a Key Employee (as defined below), within 60
days after the date of a participant’s “separation from service” (as defined in Treas. Reg. § 1.409A-1(h)) for any reason, including disability or death, distribution of the amount credited to the participant’s account in
accordance with this Plan shall be made or shall commence in accordance with either of the alternative forms of distribution set 

  
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forth below as selected by the participant on his or her Deferral Election Form at the time the participant elected to participate in the Plan. 

In the case of a participant who is a Key Employee, distribution of the amount credited to the participant’s account shall be made
(if to be paid in a lump sum) or shall commence (if to be paid in installments) on the first day of the month immediately following the 6-month anniversary of the participant’s separation from service. For purposes of this Plan, a participant
is a “Key Employee” if (i) on the date of determination any stock of the Company is publicly traded on an established securities market or otherwise and (ii) the participant falls within the definition of a “Key
Employee” set forth in Code Section 416(i) (without regard to paragraph (5) thereof). 
 The alternative forms of
distribution shall be: 
 (a) lump sum; or 
 (b) annual installments over a period not to exceed 15 years. The annual payment amount shall be determined each year by dividing the participant’s current deferral account (or sub-account) balance,
as of a valuation date prior to the date of payment that the Committee has determined to be administratively feasible, by the number of remaining years in the payment period based on the participant’s retirement payment election. The unpaid
balance of the deferred compensation account shall continue to earn a rate of return as specified in Section 3.2 above. The final installment shall be the balance of the participant’s deferred compensation account including gains or losses
credited to the account during the last year of the payout period. Once a distribution of a participant’s account has been triggered due to a separation from service, the participant’s subsequent reemployment by the Company shall not stop
or delay the ongoing distribution of the participant’s account under the Plan in accordance with this Section 4.1. 

Once made, a participant’s election with respect to the form of distribution as described in this Section 4.1 shall be
irrevocable; provided, however that, except in the case of an account of a Key Employee, if at any time the balance of an account that is in the process of an installment distribution falls below $10,000, the Committee may, in its sole discretion
and without obligation to do so, pay out the remaining balance in the form of a lump sum to the extent permitted by Code Section 409A and Treas. Reg. § 1.409A-3(j)(4)(v). 

Section 4.2 Scheduled In-Service Distributions. Although distribution of the amount credited to a participant’s account
shall in all cases begin within the 60-day period following the participant’s separation from service for any reason (or beginning on the first day of the month following the 6-month anniversary of a Key Employee’s separation from
service), as described in Section 4.1 above, a participant may, with respect to each deferral year, elect to take one or more scheduled in-service distributions of amounts deferred for that year on certain dates as specified by the participant
in his or her Deferral Election Form for that deferral year. A participant’s in-service distribution election shall be valid only for the year elected and shall not automatically renew or continue in subsequent years even though other aspects
of the participant’s deferral election continue and remain effective in subsequent calendar years pursuant to Section 2.2 

  
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above until revoked or changed by the participant. All in-service distribution elections must specify a set dollar amount to be distributed from the deferral made for that year rather than a
percentage of the participant’s deferral amount for that year or overall account balance. The minimum amount of any such scheduled in-service distribution shall be $5,000. All such scheduled in-service distributions shall be made in the form of
a lump sum distribution of the specified dollar amount to be paid on the specified date. If a Participant’s sub-account for a particular year does not contain sufficient funds to provide the full in-service distribution elected by the
participant due to investment losses or lack of investment earnings, all of the Participant’s deferral sub-account (including applicable investment earnings) for said year shall be distributed to the participant in partial satisfaction of the
in-service distribution election. 
 Once made, a participant’s elections with respect to scheduled in-service
distributions for a particular year as described in this Section 4.2 shall be irrevocable except as follows: A participant may make a subsequent election to delay an in-service distribution payment, provided that: 

 

	 	(i)	the election may not take effect until at least 12 months after the date on which the election is made; 

 

	 	(ii)	the first payment with respect to which the election is made is deferred not less than 5 years from the date the payment would otherwise have been made; and

  

	 	(iii)	the election may not be made less than 12 months prior to the date of the first scheduled in-service distribution. 

For purposes of the Plan, a participant’s in-service distribution election shall be regarded as an election to receive a
distribution on the earlier of: (1) the specified in-service distribution date, or (2) the participant’s separation from service. Accordingly, in the event of a participant’s separation from service with the Company for any
reason, any remaining in-service distribution amounts shall instead be distributed as a result of separation from service in accordance with Section 4.1 above and paid in accordance with the participant’s Deferral Election Form governing
the year in which the amounts were deferred. 
 Section 4.3 Death. If a participant should die before distribution
of the full amount of any account described in this Plan has been made to the participant, any remaining amounts shall be distributed to the beneficiary designated by the participant on the form attached or in such other beneficiary designation form
as may be determined by the Committee (the “Beneficiary Designation Form”). Such amounts shall be distributed to the participant’s designated beneficiary in the same form and on the same schedule as designated by the participant in
his or her Deferral Election Form. A participant may change his or her beneficiary designation at any time by submitting a new Beneficiary Designation Form to the Committee. If a participant has not designated a valid beneficiary, or if no
designated beneficiary is living at the participant’s death, then such accounts shall be distributed to the participant’s estate in a lump-sum distribution within ninety (90) days of the participant’s death. 

  
 5 

 Section 4.4 Unforeseeable Emergencies. In the event a participant incurs an
unforeseeable emergency, the participant may make a written request to the Committee for a hardship distribution from his or her accounts established under the Plan. For purposes of this Plan, an unforeseeable emergency shall have the meaning
provided in Treas. Reg. § 1.409A-3(i)(3)(i) and shall include a severe financial hardship to the participant resulting from an illness or accident of the participant, the participant’s spouse or participant’s dependent (as defined in
Section 152(a) of the Code without regard to Sections 152(b)(1), (b)(2) and (d)(1)(B)); loss of the participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond
the control of the participant. A hardship distribution because of an unforeseeable emergency shall be permitted only to the extent reasonably needed to satisfy the emergency need plus amounts necessary to pay taxes reasonably anticipated as a
result of the distribution as determined in accordance with Treas. Reg. § 1.409A-3(i)(3)(ii) (or the comparable provisions of any successor Treasury regulation). 
 Section 4.5 Other Withdrawals. Anything herein to the contrary notwithstanding, if at any time a court or the Internal Revenue Service determines that an amount in a participant’s account
is includable in the gross income of the participant and subject to tax, the Committee may, in its sole discretion, permit a lump-sum distribution of an amount equal to the amount determined to be includable in the participant’s gross income to
the extent permitted by Code Section 409A and applicable regulations thereunder. 
 Section 4.6 Limit on Annual
Distributions. Except as otherwise provided by the Committee, the total distributions under the Plan in any calendar year shall be limited to such amount as may be deductible by the Company for federal income tax purposes under the Code in
accordance with Treas. Reg. § 1.409A-2(b)(7)(ii) (or the comparable provisions of any successor Treasury regulations). 

Section 4.7 Tax Withholding. To the extent required by law, the Company shall withhold from distributions all taxes, if any,
required to be withheld by the federal and applicable state or local taxing authorities. 
 Section 4.8 Distributions
Under Domestic Relations Orders. Notwithstanding anything herein to the contrary, subject to Code Section 409A and Treas. Reg. § 1.409A-3(j)(4)(ii) (or the comparable provisions of any successor Treasury regulations), distributions
from participants’ accounts shall be permitted to alternate payees pursuant to domestic relations orders (as defined in section 414(p) of the Code), irrespective of whether participants are then entitled to distributions under the Plan. A
distribution to an alternate payee prior to the participant’s entitlement to a distribution is available only if the distribution is pursuant to a domestic relations order that is in a form acceptable to the Committee and entered by a court of
competent jurisdiction. Upon receipt of such an order, the Committee shall direct the Trustee to make a lump-sum distribution to the alternate payee. In no case may an alternate payee maintain an ongoing interest in the Plan. Nothing in this
Section 4.8 gives a participant a right to receive a distribution at a time not otherwise permitted by the Plan. 

  
 6 

 ARTICLE V 
 AMENDMENT AND TERMINATION OF PLAN 
 The Company reserves the right to amend or
terminate the Plan at any time. Any such amendment or termination shall be effective as of the end of the calendar year during which notification is given to each participant. Notification shall be by first class mail, addressed to each participant
at the participant’s last known address, or by such other method as may be commonly used by the Company to communicate similar information if such notice is acknowledged by the participant. Any amounts credited to an account of any participant
shall remain subject to the provisions of the Plan, and distribution shall not be accelerated because of the termination of the Plan unless such termination qualifies as a plan termination and liquidation in accordance with the requirements of
Treas. Reg. § 1.409A-3(j)(4)(ix) (or any comparable successor Treasury regulation). No amendment or termination shall directly or indirectly reduce any participant’s accrued benefit under the Plan as of the effective date of such amendment
or termination. 
 ARTICLE VI 
 CLAIMS PROCEDURE 
 Section 6.1. Claims Reviewer. For purposes of
handling claims with respect to this Plan, the “Claims Reviewer” shall be the Committee, unless another person or organizational unit is designated by the Company as Claims Reviewer. 

Section 6.2. Claims Procedure. An initial claim for benefits under the Plan must be made by the participant or his or her
beneficiary in accordance with the terms of the Plan through which the benefits are provided. Not later than 90 days after receipt of such a claim, the Claims Reviewer shall render a written decision on the claim to the claimant, unless special
circumstances require the extension of such 90-day period. If such extension is necessary, the Claims Reviewer shall provide the Participant or the Participant’s beneficiary with written notification of such extension before the expiration of
the initial 90-day period. Such notice shall specify the reason or reasons for such extension and the date by which a final decision can be expected. In no event shall such extension exceed a period of 90 days from the end of the initial 90-day
period. In the event the Claims Reviewer denies the claim of a participant or the beneficiary in whole or in part, the Claims Reviewer’s written notification shall specify, in a manner calculated to be understood by the claimant, the reason for
the denial, a reference to the Plan or other document or form that is the basis for the denial, a description of any additional material or information necessary for the claimant to perfect the claim, an explanation as to why such information or
material is necessary, and an explanation of the applicable claims procedure. Should the claim be denied in whole or in part and should the claimant be dissatisfied with the Claims Reviewer’s disposition of the claimant’s claim, the
claimant may have a full and fair review of the claim by the Company upon written request therefore submitted by the claimant or the claimants duly authorized representative and received by the Company within 60 days after the claimant receives
written notification that the claimant’s claim has been denied. In connection with such review, the claimant or the claimant’s duly authorized representative shall be entitled to review pertinent documents and submit the claimant’s
views as to the issues, in 

  
 7 

 
writing. The Company shall act to deny or accept the claim within 60 days after receipt of the claimant’s written request for review unless special circumstances require the extension of
such 60-day period. If such extension is necessary, the Company shall provide the claimant with written notification for such extension before the expiration of such initial 60-day period. In all events, the Company shall act to deny or accept the
claim within 120 days of the receipt for the claimant’s written request for review. The action of the Company shall be in the form of a written notice to the claimant and its contents shall include all of the requirements for action on the
original claim. In no event may a claimant commence legal action for benefits the claimant believes are due the claimant until the claimant has exhausted all of the remedies and procedures afforded the claimant by this Article. 

ARTICLE VII 

MISCELLANEOUS 

Section 7.1 Unfunded Plan. The Company intends to establish and fund the Quintiles Transnational Corp. Elective Deferred
Compensation Trust (the “Rabbi Trust.”) The assets of the Rabbi Trust shall be subject to the claims of the Company’s creditors and shall be located within the geographic United States. To the extent any benefits provided under the
Plan are actually paid from the Rabbi Trust, the Company shall have no further obligation with respect thereto, but to the extent not so paid, such benefits shall remain the obligation of, and shall be paid by, the Company. Participants and their
beneficiaries, heirs, successors and assigns shall have no legal or equitable rights, interest or claims in any specific property or assets of the Company, nor shall they be beneficiaries of, or have any rights, claims or interests in any life
insurance policies, annuity contract, or the proceeds therefrom owned or which may be acquired by the Company (the “Policies”). Apart from the Rabbi Trust, such Policies or other assets of the Company shall not be held under any trust for
the benefit of participants, their beneficiaries, heirs, successors or assigns, or held in any way as collateral security for the fulfilling of the obligations of the Company under this Plan. Any and all of the Company’s assets and Policies
shall be, and remain, the general, unpledged, unrestricted assets of the Company and available to its general creditors in the event of bankruptcy or insolvency. The Company’s obligation under the plan shall be merely that of an unfunded and
unsecured promise of the Company to pay money in the future, and the Plan shall at all times be considered entirely unfunded both for tax purposes and for purposes of Title I for the Employee Retirement Income Security Act of 1974, as amended.

 Section 7.2 Expenses. Expenses of administration shall be paid by the Company. The Committee shall be entitled to
rely on all tables, valuations, certificates, opinions, data and reports furnished by any actuary, accountant, controller, counsel or other person employed or retained by the Company with respect to the Plan. 

Section 7.3 Rights Under Plan. The sole rights of a participant or beneficiary under this Plan shall be to have this Plan
administered in accordance with its terms, to receive whatever benefits he or she may be entitled to hereunder, and nothing in the plan shall be interpreted as a guaranty that any funds in any trust which may be established in connection with the
Plan or 

  
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assets of the Company shall be sufficient to pay any benefit hereunder. Further, the adoption and maintenance of this Plan shall not be construed as creating any contract of employment between
the Company and any participant. The Plan shall not affect the right of the Company to deal with any participants in employment respects, including their hiring, discharge, compensation, and conditions of employment. 

Section 7.4 Distributions to Incompetent Persons. The Committee may from time to time establish rules and procedures which it
determines to be necessary for the proper administration of the Plan and the benefits payable to an individual in the event that individual is declared incompetent and a conservator or other person legally charged with that individual’s care is
appointed. Except as otherwise provided herein, when the Committee determines that such individual is unable to manage his or her financial affairs, the Committee may pay such individual’s benefits to such conservator or other person legally
charged with such individual’s care, or institution then contributing toward or providing for the care and maintenance of such individual. Any such payment shall constitute a complete discharge of any liability of the Company and the Plan for
such individual. 
 Section 7.5 Change in Control. The Plan may continue after a sale of assets of the Company, or a
merger or consolidation of the Company with or into another corporation or entity only if and to the extent that the transferee, purchaser or successor entity agrees to continue the Plan; provided, however, that for the avoidance of doubt, if as a
result of such a merger or consolidation the Company is the surviving entity, then the Plan shall continue. In the event that the Plan is not continued or otherwise assumed by the transferee, purchaser, or successor entity, then the Plan shall be
terminated subject to the provisions of Articles IV and V above. 
 Section 7.6 Nonassignability. Neither a
participant, nor his or her designated beneficiary, nor any other beneficiary under this Plan shall have any power or right to transfer, assign, anticipate, hypothecate or otherwise encumber all or any part of the amounts payable hereunder. No such
amounts shall be subject to seizure by any creditor of such beneficiary, by a proceeding at law or in equity, nor shall such amounts be transferable by operation of law in the event of bankruptcy, insolvency or death of the participant, his or her
designated beneficiary, or any other beneficiary hereunder. Any such attempted assignment or transfer shall be void. 

Section 7.7 Notice. Any notice or filing required or permitted to be given to the Committee or the Company under the Plan
shall be sufficient if in writing and hand delivered, or sent by registered or certified mail, to the principal office of the Company directed to the attention of the Secretary of the Company. Such notice shall be deemed given as of the date of
delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification. 
 Section 7.8 Current Address. Each participant shall keep the Company informed of his or her current address and the current address of his or her designated beneficiary. The Company shall not
be obligated to search for any person. If such person is not located within 3 years after the date on which payment of the participant’s benefits payable under this Plan may 

  
 9 

 
first be made, payment may be made as though the participant or his or her beneficiary had died at the end of such 3-year period. 

Section 7.9 Governing Law. All questions pertaining to the construction, validity and effect of the Plan shall be determined
in accordance with the laws of the United States and to the extent not preempted by such laws, by the laws of the State of North Carolina. 
 Section 7.10 Administration and Interpretation Consistent with Code Section 409A. This Plan is intended to comply with Code Section 409A and all provisions of this Plan shall, to the
maximum extent possible, be construed and interpreted in a manner consistent with Code Section 409A. A separation from service or termination of employment shall not be deemed to have occurred for purposes of providing for the payment of
benefits under the Plan unless such termination constitutes a “Separation from Service” within the meaning of Code Section 409A and Treas. Reg. § 1.409A-1(h). References to “termination,” “termination of
employment,” “separation from service” or like terms shall mean “separation from service” in accordance with Code Section 409A. For purposes of this Plan, the term “Company” shall include Quintiles
Transnational Corp. and all affiliated entities classified as a single employer with Quintiles Transnational Corp. under Sections 414(b) and (c) of the Code in accordance with the definition of Service Recipient set forth in Treas. Reg. §
1.409A-1(g). For the avoidance of doubt, eligible participants under the Plan shall include select management and highly compensated employees of Quintiles Transnational Corp. as well as all affiliated entities classified as a single employer with
Quintiles Transnational Corp. under Sections 414(b) and (c) of the Code. 

  
 10

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