Document:

EX-4.1

 Exhibit 4.1 

THE CHEMOURS COMPANY 

STOCK ACCUMULATION AND DEFERRED 

COMPENSATION PLAN FOR DIRECTORS 
 1.
PURPOSE OF THE PLAN 
 The purpose of The Chemours Company Stock Accumulation and Deferred Compensation Plan for Directors (the “Plan”) is
to permit Directors to defer the payment of all or a specified part of their compensation for services performed as Directors. 
 This Plan is intended to
reflect the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (“Code”) and the rulings and regulations issued thereunder (collectively, “Code Section 409A”) and shall be administered and
construed in accordance with such requirements. 
 2. ELIGIBILITY 

Members of the Board of Directors of the Company who are not employees of the Company or any of its subsidiaries or affiliates shall be eligible under this
Plan to defer compensation for services performed as Directors. 
 3. ADMINISTRATION AND AMENDMENT 

The Plan shall be administered by the Compensation Committee of the Board of Directors (the “Committee”). The decision of the Committee with respect
to any questions arising as to the interpretation of this Plan, including the severability of any and all of the provisions thereof, shall be final, conclusive and binding. The Board of Directors of the Company reserves the right to modify the Plan
from time to time, or to terminate the Plan entirely, provided, however, that (1) no modification of the Plan shall operate to annul an election already in effect for the current calendar year or any preceding calendar year; (2) that the
foregoing shall not preclude any amendment necessary or desirable to conform to changes in applicable law, including, but not limited to, changes in the Code; and (3) upon termination of the Plan, except to the extent otherwise permitted under
Code Section 409A, all balances will be distributed in accordance with the terms of the Plan as in effect on the date of termination. 
 The Committee
is authorized, subject to the provisions of the Plan, from time to time to establish such rules and regulations as it deems appropriate for the proper administration of the Plan, and to make such determinations and take such steps in connection
therewith as it deems necessary or advisable. 
 4. COMPLIANCE WITH SECTION 16 OF THE EXCHANGE ACT / CHANGE IN LAW 

It is the Company’s intent that the Plan comply in all respects with Rule 16b-3 of the Exchange Act, or its successor, and any regulations promulgated
thereunder. If any provision of this Plan is found not to be in compliance with such rule and regulations, the provision shall be deemed null and void, and the remaining provisions of the Plan shall continue in full force and effect. All
transactions under this Plan shall be executed in accordance with the requirements of Section 16 of the Exchange Act and the regulations promulgated thereunder. 

 The Board of Directors may, in its sole discretion, modify the terms and conditions of this Plan in response to
and consistent with any changes in applicable law, rule or regulation. 
 5. ELECTION TO DEFER AND FORM OF PAYMENT 

On or before December 31 of any calendar year, a Director may elect to defer, in the form of cash or stock units, the payment of all or a specified part
of all fees payable to the Director for services as a Director during the following calendar year. 
 To the extent permitted under Code Section 409A,
any person who shall become a Director during any calendar year, and who was not a Director of the Company on the preceding December 31, may elect, within thirty days after election to the Board, to defer in the same manner the receipt of the
payment of all or a specified part of fees not yet earned for the remainder of that calendar year in the form of cash or stock units. 
 Notwithstanding the
foregoing provisions of this Article 5, the election for 2015 in respect of any Director who on or after December 31, 2014 was a member of the Board of Directors of E. I. du Pont de Nemours and Company (“DuPont”) shall be that
election, if any, made by such Director for 2015 under the DuPont Stock Accumulation and Deferred Compensation Plan for Directors. 
 At the time a Director
elects to defer his/her fees for a calendar year, he/she must also elect: 
  

	 	i.	the payment event for such deferred amounts (a specified calendar year or his/her separation from service (within the meaning of Code Section 409A)) 

 

	 	ii.	with respect to amounts deferred to separation from service, the form of payment (lump sum or equal annual installments) 

  

	 	iii.	the number of equal annual installments, if applicable; and 

  

	 	iv.	the calendar year following his/her separation from service in which payment(s) of such deferred amounts shall commence (if distribution is to commence by reason of a separation from service). For purposes of clarity,
calendar year in this context refers to the sequential calendar year following separation from service (for example, first calendar year, second calendar year, etc.) 

Amounts deferred to a specified year shall be payable only in a lump sum during the specified calendar year. If amounts are payable in equal annual
installments, the first annual installment shall be made in the calendar year specified pursuant to (iv) above with remaining installments paid in successive calendar years until all installments have been paid. 

Except as provided above in respect of elections made by directors of DuPont in respect of 2015, elections shall be made by written notice delivered to the
Secretary of the Committee. All such elections as to deferral and form of payment are irrevocable. 

  
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 6. DIRECTORS’ ACCOUNTS 

Fees deferred in the form of cash shall be held in the general funds of the Company and shall be credited to an account in the name of the Director. Deferred
cash will bear interest at a rate corresponding to the average 30-year Treasury securities rate applicable for the quarter (or at such other rate as may be specified by the Committee from time to time). Interest will be compounded quarterly and will
also be deferred. If the rate changes, the new rate will apply to all deferred cash amounts beginning with the following quarter. Fees deferred in the form of stock units shall be allocated to each Director’s account based on the closing price
of the Company’s common stock as reported on the Composite Tape of the New York Stock Exchange (“Stock Price”) on the date the fees would otherwise have been paid. The Company shall not be required to reserve or otherwise set aside
shares of common stock for the payment of its obligations hereunder, but shall make available as and when required a sufficient number of shares of common stock to meet the needs of the Plan. An amount equal to any cash dividends (or the fair market
value of dividends paid in property other than dividends payable in common stock of the Company) payable on the number of shares represented by the number of stock units in each Director’s account will be allocated to each Director’s
account in the form of stock units based upon the Stock Price on the dividend payment date. Any stock dividends payable on such number of shares will be allocated in the form of stock units. If adjustments are made to outstanding shares of common
stock as a result of split-ups, recapitalizations, mergers, consolidations and the like, an appropriate adjustment shall also be made in the number of stock units in a Director’s account. Stock units shall not entitle any person to rights of a
stockholder unless and until shares of Company common stock have been issued to that person with respect to stock units as provided in Article 7. 

7. PAYMENT FROM DIRECTORS’ ACCOUNTS 
 The
aggregate amount of deferred fees, together with interest and dividend equivalents accrued thereon, shall be paid in accordance with the time and form of payment elections made by the Director as provided in Article 5. Amounts credited to a
Director’s account in cash shall be paid in cash and amounts credited in stock units shall be paid in one share of common stock of the Company for each stock unit, except that a cash payment will be made with any final installment for any
fraction of a stock unit remaining in the Director’s account. Such fractional share shall be valued at the closing Stock Price on the date of settlement. 

8. PAYMENT IN EVENT OF DEATH 
 A Director may file
with the Secretary of the Committee a written designation of a beneficiary for his or her account under the Plan on such form as may be prescribed by the Committee, and may, from time to time, amend or revoke such designation. If a Director should
die before all deferred amounts credited to the Director’s account have been distributed, the balance of any deferred fees and interest and dividend equivalents then in the Director’s account shall be paid to the Director’s designated
beneficiary upon the Director’s death. If the Director did not designate a beneficiary, or in the event that the beneficiary designated by the Director shall have predeceased the Director, the balance in the Director’s account shall be
paid promptly to the Director’s estate. 

  
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 9. NONASSIGNABILITY 

During a Director’s lifetime, the right to any deferred fees, including interest and dividend equivalents thereon, shall not be transferable or
assignable, except as may otherwise be provided in rules established by the Committee. 
 10. GOVERNING LAW  

The validity and construction of the Plan shall be governed by the laws of the State of Delaware. 

11. CODE SECTION 409A 
 To the extent that an
amount is payable in connection with a Director’s retirement or other separation from service as Director of the Company, no amounts shall be paid hereunder on account thereof unless such retirement or separation from service constitutes a
separation from service within the meaning of Code Section 409A. To the extent that an amount is payable promptly at the beginning of a calendar year, whether as a result of a Director’s deferral election or the terms of a prior plan
document, such amount shall be paid no later than the last day of that calendar year. Each amount to be paid or benefit to be provided to a Director pursuant to this Plan that constitutes deferred compensation subject to Code Section 409A shall
be construed as a separate identified payment for purposes of Code Section 409A. 

  
 4EX-10.1

 Exhibit 10.1 

Sears Hometown and Outlet Stores, Inc. 

5500 Trillium Blvd 

Hoffman Estates, IL 60192 
 July 1,
2015 
 Mr. William A. Powell 
 1905 Stormy Court
#203 
 Schaumburg, IL 60193 
 Dear Will, 

On behalf of Sears Hometown and Outlet Stores, Inc. (“SHO”), we are pleased to extend to you our offer to serve as the Chief Executive Officer
and President of SHO effective as of July 1, 2015 (the “Effective Date”). In this position, you will report directly to the Board of Directors of SHO (the “Board”). This letter, the terms of which have been
mutually agreed upon by you and SHO, will govern the terms of your employment with SHO as of the Effective Date. Subsequent to your acceptance of this offer, you will be nominated as a member of the Board. 

The key elements of your employment and compensation package are as follows: 
  

	 	1.	Annual Base Salary: $700,000. 

  

	 	2.	Cash Retention Award: On April 20, 2015 the Compensation Committee of the Board of Directors (the “Committee”) approved a cash retention award to you in the amount of $100,000, which is
governed by a Cash Retention Agreement dated April 21, 2015. This award will continue in full force and effect. 

  

	 	3.	Annual Incentive Plans: You will continue to be eligible to participate in the Sears Hometown and Outlet Stores, Inc. Annual Incentive Plan (the “SHO AIP”) in accordance with, and subject to, its
terms, with an annual incentive opportunity of 100% of your base salary. SHO AIP awards are made in the sole discretion of the Committee. Awards earned under the SHO AIP will be paid by April 15th of the fiscal year following the year to which
they relate, provided that you are actively employed by SHO as of the payment date except as otherwise provided in your Amended and Restated Executive Severance Agreement referred to below. Further details regarding SHO AIP awards will be provided
to you at the time of grant. 

  

	 	4.	Long-Term Incentive Plans: You will continue to be eligible to participate in the Sears Hometown and Outlet Stores, Inc. Long-Term Incentive Program (the “SHO LTIP”) in accordance with, and
subject to, its terms, with an incentive opportunity of 200% of your base salary. SHO LTIP awards are made in the sole discretion of the Committee. You must be employed with SHO as of the grant date of any awards earned under the SHO LTIP in order
to receive such awards. Further details regarding SHO LTIP awards will be provided to you at the time of grant. 

  

	 	5.	Executive Severance Agreement: Your Executive Severance Agreement with Sears Holding Corporation (“SHC”), dated November 7, 2007 and assigned to SHO in connection with its separation from
SHC, has been amended and restated in the form mutually agreed upon by you and SHO and is in the form attached to this letter (the “Amended and Restated Executive Severance Agreement”). You acknowledge that, as a condition of your
employment as SHO’s Chief Executive Officer and President, you will execute and deliver to SHO prior to the commencement of such employment the Amended and Restated Executive Severance Agreement. 

	 	6.	Paid Time Off: Each year, you will receive four (4) weeks of paid vacation, six (6) paid national holidays and four (4) paid personal days. 

 

	 	7.	Benefits: You will be eligible to participate in all retirement, health and welfare programs made available or sponsored by SHO on a basis no less favorable than other SHO executive officers, in accordance with
the applicable terms, conditions, and availability of those programs. 

  

	 	8.	Moving Allowance: If you elect to move your family from the Cleveland, Ohio area to the Chicago, Illinois area, SHO will provide up to $100,000 to be used in connection with the sale of your current family home
in the Cleveland, Ohio area, the purchase of a new family home in the Chicago, Illinois area, house-hunting trips, moving household goods, and brokerage fees. We will work with you and a third-party relocation-services provider to be selected by SHO
to implement commercially reasonable arrangements for relocation assistance that will take in account your circumstances. Further details regarding relocation assistance will be provided to you. If either (a) you voluntarily terminate your
employment prior to the first anniversary of the Effective Date other than for Good Reason (as defined in the Amended and Restated Executive Severance Agreement) or (b) prior to the first anniversary of the Effective Date SHO terminates your
employment for Cause (as defined in the Amended and Restated Executive Severance Agreement), then you will repay to SHO all relocation assistance paid or reimbursed to you, or paid directly to vendors by SHO, no later than the 30th day following
your last day of work. Your repayment obligation will include all taxes withheld for such amounts except to the extent prohibited by law or that SHO administratively recovers taxes withheld, including via reimbursement or credit for SHO’s
benefit, from the applicable government authority. 

 Please note that this offer letter is subject to the approval of SHO’s Board, which
will be sought by SHO management on or before July 1, 2015. SHO is required by the rules of the U.S. Securities and Exchange Commission (the “SEC”) to make public disclosures regarding your employment by SHO and the terms and
conditions of this offer letter if it is executed by SHO and by you, and to thereafter file this offer letter as an exhibit to appropriate SEC reports that will be publicly available. The laws of the State of Illinois (without regard to its
conflicts-of-law principles) govern this offer letter. 
 Will, we are excited about the important contributions that you will make to SHO in the role of
Chief Executive Officer and President, and look forward to your acceptance of this offer. 
 This offer will expire if not accepted within one week of the
date of this letter. 
 Sincerely, 
  

	
	Sears Hometown and Outlet Stores, Inc.
	
	/s/ E.J. Bird
	E.J. Bird
	Chairman of the Board

  

	
	
	Accepted:
	/s/ William A. Powell
	William A. Powell
	
	July 1, 2015
	Date

  
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