Document:

2007 Omnibus Incentive Plan-Form of Stock Option Agreement (Senior Management)

 Exhibit 10.1 
 FISERV, INC. 2007 OMNIBUS INCENTIVE PLAN 
 FORM OF 
 STOCK OPTION AWARD MEMORANDUM – 
  

			
	 Employee:
	  	See account data in Fidelity system.
		
	 Grant Date:
	  	See account data in Fidelity system.
		
	 Number of Shares Subject to Option:
	  	See account data in Fidelity system.
		
	 Exercise Price Per Option Share:
	  	See account data in Fidelity system.
		
	 Type of Option:
	  	Non-Qualified Stock Option
		
	 Vesting Schedule:
	  	See Section 4 of Stock Option Agreement
		
	 Expiration Date:
	  	10 years after the Grant Date

 Additional terms and conditions of your Award are included in the Employee Stock Option Agreement. As a
condition to your ability to exercise your Option, you must log on to Fidelity’s website at www.netbenefits.com and accept the terms and conditions of this Award. 
 Note: Section 5(c) of the Employee Stock Option Agreement contains certain restrictions on your activities. These provisions apply to you and, by accepting this Award, you agree to be bound by these
restrictions. 

 FISERV, INC. 2007 OMNIBUS INCENTIVE PLAN 
 EMPLOYEE STOCK OPTION AGREEMENT 
 Pursuant to the Fiserv, Inc. 2007 Omnibus Incentive
Plan (the “Plan”), Fiserv, Inc., a Wisconsin corporation (the “Company”), has granted you an Option, the terms and conditions of which are set out below and in the Award Memorandum and the Plan. Any capitalized
term used herein without definition has the meaning set forth in the attached Award Memorandum, which forms a part of this Employee Stock Option Agreement (this “Agreement”), or, if no such meaning is set forth in the Award
Memorandum, the meaning set forth in the Plan. 
 In the event of a conflict between the terms of this Agreement or the Award Memorandum and the terms of the
Plan, the terms of the Plan shall govern. In the event of a conflict between the terms of this Agreement and the Award Memorandum, the terms of this Agreement shall govern. 
  

	1.	Grant Date; Type of Option. The Option is granted to you on the Grant Date set forth in the Award Memorandum. If the Option is designated as a “non-qualified
stock option” in the Award Memorandum, then the Option will not be treated by you or the Company as an incentive stock option as defined in Section 422 of the Code. If the Option is designated as an “incentive stock option” in
the Award Memorandum, then the Option is intended to satisfy the requirements of Section 422 of the Code. 

  

	2.	Termination of Option. Your right to exercise the Option (and to purchase the Shares subject to the Option (the “Option Shares”)) shall expire and
terminate in all events on the earlier of (a) the Expiration Date set forth in the Award Memorandum or (b) the date upon which exercise is no longer permitted pursuant to Section 7 of this Agreement. 

  

	3.	Exercise Price. The purchase price to be paid upon the exercise of the Option will be the Exercise Price Per Option Share set forth in the Award Memorandum.

  

	4.	Provisions Relating to Exercise. Once you become entitled to exercise any part of the Option (and to purchase Option Shares) pursuant to Schedule 4, that right will
continue until the date on which the Option expires and terminates. The right to purchase Option Shares under the Option is cumulative, so that if the full number of Option Shares is not purchased in a single transaction, the balance may be
purchased at any time or from time to time thereafter during the term of the Option. The Administrator, in its sole discretion, may at any time accelerate the time at which the Option becomes exercisable by you with respect to any Option Shares. The
Company may cancel, rescind, suspend, withhold or otherwise limit or restrict any unexpired, unpaid or deferred part of the Option at any time if you are not in compliance with all applicable provisions of this Agreement, the Award Memorandum and
the Plan. 

  

	5.	Confidential Information, Non-Competition and Related Covenants. 

  

	 	(a)	Definitions. 

  

	 	(i)	“Fiserv” means the Company, its direct and indirect subsidiaries, affiliated entities, successors, and assigns. 

  

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	 	(ii)	“Confidential Information” means all trade secrets, Innovations (as defined below), confidential or proprietary business information and data, computer software,
and database technologies or technological information, formulae, templates, algorithms, designs, process and systems information, processes, intellectual property rights, marketing plans, client lists and specifications, pricing and cost
information and any other confidential information of Fiserv or its clients, vendors or subcontractors that relates to the business of Fiserv or to the business of any client, vendor or subcontractor of Fiserv or any other party with whom Fiserv
agrees to hold information in confidence, whether patentable, copyrightable or protectable as a trade secret or not, except: (A) information that is, at the time of disclosure, in the public domain or that is subsequently published or otherwise
becomes part of the public domain through no fault of yours; or (B) information that is disclosed by you under order of law or governmental regulation; provided, however, that you agree to notify the General Counsel of Fiserv upon receipt of
any request for disclosure as soon as possible prior to any such disclosure so that appropriate safeguards may be maintained. 

  

	 	(iii)	“Competing Product or Service” means any product or service that is sold in competition with, or is being developed and that will compete with, a product or service
developed, manufactured, or sold by Fiserv. For purposes of this Section 5, Competing Products or Services as to you are limited to products and/or services with respect to which you participated in the development, planning, testing, sale,
marketing or evaluation on behalf of Fiserv during any part of your employment with Fiserv, or after the termination of your employment, during any part of the 24 months preceding the termination of your employment with Fiserv, or for which you
supervised one or more Fiserv employees, units, divisions or departments in doing so. 

  

	 	(iv)	“Competitor” means an individual, business or any other entity or enterprise engaged or having publicly announced its intent to engage in the sale or marketing of
any Competing Product or Service. 

  

	 	(v)	“Innovations” means all developments, improvements, designs, original works of authorship, formulas, processes, software programs, databases, and trade secrets,
whether or not patentable, copyrightable or protectable as trade secrets, that you, either by yourself or jointly with others, create, modify, develop, or implement during the period of your employment with Fiserv that relate in any way to
Fiserv’s business. 

  

	 	(vi)	“Moral Rights” means any rights to claim authorship of a work of authorship, to object to or prevent the modification of any such work of authorship, or to withdraw
from circulation or control the publication or distribution of any such work of authorship. 

  

	 	(vii)	 “Client” means any person, association or entity: (A) for which you directly performed services or for which you supervised others in
performing services with Fiserv, during any part of your employment with Fiserv, or after the termination of your employment, during any part of the 

  

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24 months preceding the termination of your employment with Fiserv; or (B) about which you have Confidential Information as a result of your employment
with Fiserv. 

  

	 	(viii)	“Prospective Client” means any client: (A) with which Fiserv was in active business discussions or negotiations at any time during any part of your employment
with Fiserv, or after the termination of your employment, during any part of the 24 months preceding the termination of your employment with Fiserv, in which you participated or for which you directly performed services or for which you supervised
others in performing services with Fiserv; or (B) about which you have Confidential Information as a result of your employment with Fiserv. 

  

	 	(b)	During your employment, Fiserv will provide you with Confidential Information relating to Fiserv, its business and clients, the disclosure or misuse of which would cause severe and
irreparable harm to Fiserv. You agree that all Confidential Information is and shall remain the sole and absolute property of Fiserv. Upon the termination of your employment for any reason, you shall immediately return to Fiserv all documents and
materials that contain or constitute Confidential Information, in any form whatsoever, including but not limited to, all copies, abstracts, electronic versions, and summaries thereof. You further agree that, without the written consent of the Chief
Executive Officer of the Company or, in the case of the Chief Executive Officer of the Company, without the written approval of the Board of Directors of the Company: 

  

	 	(i)	You will not disclose, use, copy or duplicate, or otherwise permit the use, disclosure, copying or duplication of any Confidential Information of Fiserv, other than in connection
with the authorized activities conducted in the course of your employment with Fiserv. You agree to take all reasonable steps and precautions to prevent any unauthorized disclosure, use, copying or duplication of Confidential Information.

  

	 	(ii)	All Innovations are and shall remain the sole and absolute property of Fiserv. You will provide all assistance requested by Fiserv, at its expense, in the preservation of its
interest in any Innovations in any country, and hereby assign and agree to assign to Fiserv all rights, title and interest in and to all worldwide patents, patent applications, copyrights, trade secrets and other intellectual property rights in any
Innovation. You also assign and agree to assign to Fiserv, or where applicable, to waive, which waiver shall inure to the benefit of Fiserv and its assigns, all Moral Rights in any Innovation. 

  

	 	(c)	You agree that, without the written consent of the Chief Executive Officer of the Company or, in the case of the Chief Executive Officer of the Company, without the written approval
of the Board of Directors of the Company, you shall not engage in any of the conduct described in subsections (i) or (ii), below, either directly or indirectly, or as an employee, contractor, consultant, partner, officer, director or
stockholder, other than a stockholder of less than 5% of the equities of a publicly traded corporation, or in any other capacity for any person, firm, partnership or corporation: 

  

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	 	(i)	During the time of your employment with Fiserv, you will not: (A) perform duties as or for a Competitor, Client or Prospective Client of Fiserv (except to the extent required
by your employment with Fiserv); or (B) participate in the inducement of or otherwise encourage Fiserv employees, clients, or vendors to currently and/or prospectively breach, modify, or terminate any agreement or relationship they have or had
with Fiserv; 

  

	 	(ii)	For a period of 12 months following the termination of your employment with Fiserv, you will not: (A) perform duties as or for a Competitor, Client or Prospective Client of
Fiserv that are the same as or similar to the duties performed by you for Fiserv at any time during any part of the 24 month period preceding the termination of your employment with Fiserv; (B) participate in the inducement of or otherwise
encourage Fiserv employees, clients, or vendors to currently and/or prospectively breach, modify, or terminate any agreement or relationship they have or had with Fiserv during any part of the 24 month period preceding the termination of your
employment with Fiserv; or (C) participate voluntarily or provide assistance or information to any person or entity either negotiating with Fiserv involving a Competing Product or Service, or concerning a potential or existing business or legal
dispute with Fiserv, including, but not limited to, litigation, except as may be required by law 

 No provision of these
subsections (i) and (ii) shall apply to restrict your conduct, or trigger any reimbursement obligations under this Agreement, in any jurisdiction where such provision is, on its face, unenforceable and/or void as against public policy,
unless the provision may be construed or deemed amended to be enforceable and compliant with public policy, in which case the provision will apply as construed or deemed amended. 
  

	 	(d)	You acknowledge and agree that compliance with this Section 5 is necessary to protect the Company, and that a breach of any of this Section 5 will result in irreparable
and continuing damage to the Company for which there will be no adequate remedy at law. In the event of a breach of this Section 5, or any part thereof, the Company, and its successors and assigns, shall be entitled to injunctive relief and to
such other and further relief as is proper under the circumstances. The Company shall institute and prosecute proceedings in any Court of competent jurisdiction either in law or in equity to obtain damages for any such breach of this Section 5,
or to enjoin you from performing services in breach of Section 5(c), during the term of employment and for a period of 12 months following the termination of employment. You hereby agree to submit to the jurisdiction of any Court of competent
jurisdiction in any disputes that arise under this Agreement. 

  

	 	(e)	You further agree that, in the event of your breach of this Section 5, the Company shall also be entitled to recover the value of any amounts previously paid or payable or any
shares (or the value of any shares) delivered or deliverable to you pursuant to any Fiserv bonus program, this Agreement, and any other Fiserv plan or arrangement. 

  

	 	(f)	You agree that the terms of this Agreement shall survive the termination of your employment with the Company. 

  

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	 	(g)	YOU HAVE READ THIS SECTION 5 AND AGREE THAT THE CONSIDERATION PROVIDED BY THE COMPANY IS FAIR AND REASONABLE AND FURTHER AGREE THAT GIVEN THE IMPORTANCE TO THE COMPANY OF ITS
CONFIDENTIAL AND PROPRIETARY INFORMATION, THE POST-EMPLOYMENT RESTRICTIONS ON YOUR ACTIVITIES ARE LIKEWISE FAIR AND REASONABLE. 

  

	6.	Exercise of Option. To exercise the Option, you must complete the transaction through our administrative agent’s website at www.netbenefits.fidelity.com or call
its toll free number at (800) 544-9354, specifying the number of Option Shares being purchased as a result of such exercise, together with payment of the full Exercise Price for the Option Shares being purchased. In no event may a fraction of a
share be exercised or acquired. You must also pay any taxes or other amounts required to be withheld as provided in Section 9 of this Agreement. 

  

	7.	Termination of Employment. 

  

	 	(a)	Before the End of the Performance Period. 

  

	 	(i)	In the event of your termination as a result of death, Disability, Retirement, voluntary termination by you, involuntary termination by the Company other than for Cause, or for
Cause prior to the end of the performance period set forth in Schedule 4, this Option shall vest or be forfeited, as follows: 

  

					
	 Termination Event
	 	 Treatment of
 “Earned Portion”
 of Award
	 	 Treatment of
 “Unearned Portion”
 of Award

	 Death; Disability; Retirement
	 	The Option shall vest and become exercisable with respect to the Earned Portion of the Option Shares upon any such termination.	 	The remainder of the Option shall be terminated.
			
	Voluntary Termination by Employee; Termination by the Company Other than For Cause; For Cause Termination by the Company	 	The Option shall be terminated.	 	The Option shall be terminated.

  

	 	(ii)	 The “Earned Portion” of the Option shall be the portion of the award that has been earned based on the achievement of the performance goals identified on
Schedule 4 hereto, as certified by the Compensation Committee. If your employment terminates due to death, Disability or Retirement after the end of a calendar year but before the compensation committee certifies that the performance goal or goals
for that year have 

  

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been achieved, the Earned Portion of the Option will include the portion attributable to the achievement of the performance goals in the year prior to your
death, Disability or Retirement. The “Unearned Portion” of the Option is the total amount of the Option less the Earned Portion of the Option. “Retirement” means the cessation of service as an employee for any reason other than
death, disability or termination for Cause: (A) if you are at least 60 years of age and your age plus years of service to the Company and its subsidiaries is equal to or greater than 70; or (B) if you are least 65 years of age.

  

	 	(b)	After Vesting. 

  

	 	(i)	Effect on Options. If you cease to be an employee of the Company or any subsidiary of the Company for any reason other than Cause after the Option vests, the Option may be
exercised to the same extent that you were entitled to exercise the Option on the date you ceased to be an employee and had not previously done so. 

  

	 	(ii)	Deadline for Exercise. 

  

	 	(A)	If you cease to be an employee by reason of death or Disability, you are (or in the event of your death or Disability resulting in judicial appointment of a guardian ad litem,
administrator or other legal representative, the executor or administrator of your estate, any person who shall have acquired the Option through bequest or inheritance or such guardian ad litem, administrator or other legal representative is)
entitled to exercise the Option per the terms contained herein within one year after you cease to be an employee. 

  

	 	(B)	Subject to Section 7(d), if you cease to be an employee for any reason other than death or Disability, you are entitled to exercise the Option per the terms contained herein
within 90 days after you cease to be an employee. 

  

	 	(C)	If you die within such exercise periods, your executor, the administrator of your estate, or your beneficiary may exercise the Option within one year after your death.

  

	 	(c)	Expiration. Notwithstanding any provision contained in this Section 7 to the contrary, in no event may the Option be exercised to any extent by anyone after the
Expiration Date set forth in the Award Memorandum. 

  

	 	(d)	Termination for Cause. If your employment is terminated for Cause, the Option, whether or not vested, shall terminate immediately. In addition, if your employment is
terminated other than for Cause but the Administrator later determines that it could have been terminated for Cause if all facts had been known at the time it was terminated, the Option, whether or not vested, will terminate immediately on the date
of such determination. 

  

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	 	(e)	Change of Control. If a Change of Control of the Company occurs, the provisions of Section 17(c) of the Plan shall apply to the Option. If the successor or purchaser in
the Change of Control has assumed the Company’s obligations with respect to the Option or provided a substitute award as contemplated by Section 17(c)(i) of the Plan and, within 12 months following the occurrence of the Change of Control,
you are terminated without Cause or you terminate your employment for Good Reason (as hereinafter defined), the Option or such substitute award shall become fully vested and exercisable with respect to all Option Shares covered by the Option as of
the time immediately prior to such termination of employment and, notwithstanding any other provision hereof, the Option shall become exercisable by you for 90 days following such termination (or such longer period as is otherwise specified in
Section 7(a)), and the provisions of Section 5 shall immediately cease to apply. 

 “Good Reason”
means your suffering any of the following events without your consent: (x) a significant or material lessening of your responsibilities; (y) a reduction in your annual base salary or a material reduction in the level of incentive
compensation for which you have been eligible during the two years immediately prior to the occurrence of the Change of Control and/or a material adverse change in the conditions governing receipt of such incentive compensation from those that
prevailed prior to the occurrence of the Change of Control; or (z) the Company requiring you to be based anywhere other than within 50 miles of your place of employment at the time of the occurrence of the Change of Control, except for
reasonably required travel to an extent substantially consistent with your business travel obligations. 
  

	 	(f)	Service as Director. For purposes of this Agreement, an employee of the Company, if also serving as a Director, will not be deemed to have terminated employment for purposes
of this Agreement until his or her service as a Director ends, and his or her years of service will be deemed to include years of service as a Director. 

  

	8.	Securities Representations. 

  

	 	(a)	You acknowledge receipt of the prospectus under the Registration Statement on Form S-8 with respect to the Plan filed by the Company with the Securities and Exchange Commission. You
represent and agree that you will comply with all applicable laws and Company policies relating to the Plan and the grant and exercise of the Option and the disposition of the Option Shares, including without limitation federal and state securities
and “blue sky” laws. 

  

	 	(b)	The Company may affix appropriate legends upon the certificates for the Option Shares and may issue such “stop transfer” instructions to its transfer agent in respect of
such shares as it determines, in its discretion, to be necessary or appropriate to (i) prevent a violation of, or to perfect an exemption from, the registration requirements of the Securities Act or (ii) implement the provisions of the
Plan or any agreement between the Company and you with respect to such Option Shares. 

  

	9.	 Tax Representations. You represent and warrant that you understand the federal, state and local income and employment tax consequences of the granting
of the Option to you, 

  

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the exercise of the Option, and purchase of Option Shares and the subsequent sale or other disposition of any Option Shares. You understand and agree that
when you exercise the Option, and thereby realize gross income (if any) taxable as compensation in respect of such exercise, the Company will be required to withhold federal, state and local taxes on the full amount of the compensation income
realized by you and may also be required to withhold other amounts as a result of such exercise unless the Option is an incentive stock option. Accordingly, at or prior to the time that you exercise the Option, you hereby agree to provide the
Company with cash funds equal to the total federal, state and local taxes and other amounts required to be withheld by the Company or its Subsidiary in respect of any such compensation income or make other arrangements satisfactory to the Company
regarding such payment. All matters with respect to the total amount to be withheld as a result of the exercise of the Option shall be determined by the Committee in its sole discretion. 

  

	10.	General Provisions. 

  

	 	(a)	None of the Plan, this Agreement or the Award Memorandum confers upon you any right to continue to be employed by the Company or any subsidiary of the Company or limits in any
respect any right of the Company or any subsidiary of the Company to terminate your employment at any time, without liability. 

  

	 	(b)	This Agreement, the Award Memorandum and the Plan contain the entire agreement between the Company and you relating to the Option and supersede all prior agreements or
understandings relating thereto. 

  

	 	(c)	This Agreement and the Award Memorandum may only be modified, amended or cancelled as provided in the Plan. 

  

	 	(d)	If any one or more provisions of this Agreement or the Award Memorandum is found to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of
the remaining provisions hereof shall not in any way be affected or impaired thereby. 

  

	 	(e)	This Agreement and the Award Memorandum shall be governed by and construed in accordance with the laws of the State of Wisconsin, without regard to conflict of law provisions.

  

	 	(f)	The Company agrees, and you agree, to be subject to and bound by all of the terms and conditions of the Plan. The Prospectus for the Plan is accessible on the administrative
agent’s website (www.netbenefits.fidelity.com) in the “forms library” and a paper copy is available upon request. 

  

	 	(g)	Except as provided in the Plan, the Option is not transferable other than by will or the laws of descent and distribution, and it may be exercised, during your lifetime, only by you
or your legal representatives. 

  

	 	(h)	This Agreement and the Award Memorandum shall be binding upon and inure to the benefit of any successor or assign of the Company and to any heir, distributee, executor,
administrator or legal representative entitled by law to your rights hereunder. 

  

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	 	(i)	You shall not have the rights of a shareholder with respect to any shares of common stock to be acquired upon exercise of the Option until such shares have been issued.

  

	 	(j)	You understand that, under the terms of the Plan, this Agreement and the Award Memorandum, the Company may cancel or rescind the Option in certain circumstances.

 By selecting the “I accept” box on the website of our administrative agent, you acknowledge your acceptance of, and agreement
to be bound by, this Agreement, the Award Memorandum and the Plan. 
 Your acceptance of the terms of this Agreement, the Award Memorandum and the
Plan through our administrative agent’s website is a condition to your ability to exercise your Option. 
  

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 Schedule 4 
  

	1.	Determining the Earned Portion of the Award. 

  

	 	a.	Adjusted Internal Revenue Growth 

  1/10 of the award will be earned in each of 2009, 2010 and 2011 upon certification by compensation committee that the prior year’s adjusted internal revenue growth performance criteria (identified in
Section 1(c) below) was satisfied; provided that, if the compensation committee determines that the cumulative three-year adjusted internal revenue growth target has been satisfied, then an aggregate of  3
/10 of the award shall be earned upon such determination. For the sake of clarity, (i) if the adjusted internal revenue growth milestone is not achieved
for a particular year, then the  1/10 of the award with respect to that year will not be earned (subject to achieving the
cumulative three-year adjusted internal revenue growth target); (ii) once a portion of the award has been earned, it will remain earned notwithstanding the achievement of the performance criteria in later periods or the achievement of the
cumulative target; and (iii) the maximum amount of the award that may vest with respect to the achievement of the adjusted internal revenue growth performance criteria is  3/10. 
  

	 	b.	Cumulative Cost Synergies 

  7/30 of the award will be earned in each of 2009, 2010 and 2011 upon certification by
compensation committee that the prior year’s “cumulative cost synergies” performance criteria (identified in Section 1(c) below) was satisfied; provided that, if the compensation committee determines that the cumulative
three-year cumulative cost synergies target has been satisfied, then an aggregate of  21/30 of the award shall be earned upon
such determination. For the sake of clarity, (i) if the cumulative cost synergies milestone is not achieved for a particular year, then the  7/30 of the award with respect to that year will not be earned (subject to achieving the cumulative three-year cumulative cost synergies target); (ii) once a portion of the award has been earned, it will remain
earned notwithstanding the achievement of the performance criteria in later periods or the achievement of the cumulative target; and (iii) the maximum amount of the award that may be earned with respect to the achievement of the cumulative cost
synergies performance criteria is  21/30. 
  

	 	c.	Criteria 

  

													
	 Criteria
	  	2008	  	2009	  	2010	  	Cumulative Target
	 Adjusted Internal Revenue Growth
	  	 	6%	  	 	7%	  	 	8%	  	 	7% average
	 Cumulative Cost Synergies
	  	$	35 million	  	$	80 million	  	$	100 million	  	$	100 million

 i. Cumulative Cost Synergies; Defined. The amount of cumulative cost synergies
capture is equal to the economic benefit included in the financial statements of the company in each year for purposes of meeting the cumulative 2010 synergies target. The calculation will not include any one-time costs which are reported as
“merger and integration costs.” 
  

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 ii. Adjusted Internal Revenue Growth; Defined. Adjusted internal revenue growth percentages are
measured as the increase in total revenues for the current period less “acquired revenue from acquisitions” divided by total revenues from the prior year period plus “acquired revenue from acquisitions.” “Acquired revenue
from acquisitions” represents pre-acquisition revenue of acquired companies, less dispositions, for the comparable prior year period on a pro-forma basis to reflect any significant underlying changes in base period revenue compared to current
period revenue such as significant unusual one time termination fees in base period revenue and the impact of purchase accounting adjustments. Adjusted internal revenue growth also excludes the impact of items such as pass through prescription and
postage costs which are required to be recorded in accordance with GAAP in revenue and expenses. 
  

	2.	Vesting. 

 Subject to earlier vesting
pursuant to Section 7 of the Award Agreement, the Earned Portion of the Award will vest and become exercisable on the date in 2011 that the compensation committee certifies whether the performance criteria for 2010 and the cumulative target
performance criteria had been satisfied. 
  

 22003 Stock Option Plan

 Exhibit 10.1 
 2003 STOCK OPTION PLAN 
 (as amended and restated March 11, 2008) 
 1. Purpose of this Plan. 
 The purpose of this QUALITY DISTRIBUTION, INC. 2003 STOCK OPTION PLAN (this “Plan”) is (i) to further the growth and success of QUALITY DISTRIBUTION, INC., a Florida corporation (the “Company”), by
enabling directors, officers and employees of, advisors to, and independent consultants or independent contractors to, the Company or its Subsidiaries to acquire shares of the Common Stock of the Company (the “Common Stock”),
thereby increasing their personal interest in such growth and success, and (ii) to provide a means of rewarding outstanding performance by such persons to the Company and its Subsidiaries. Options granted under this Plan may only be
non-qualified stock options (“Options”). For purposes of this Plan, the term “Subsidiary” means “Subsidiary Corporation” as defined in Section 424(f) of the Internal Revenue Code of 1986, as
amended (the “Code”). 
 2. Administration of this Plan. 
 (a) The Committee. This Plan shall be administered by the Board of Directors of the Company (the “Board”) or by one or more
committees of the Board (each, a “Committee”) each consisting of such number of persons appointed to such Committee from time to time by the Board consistent with applicable law. With respect to awards intended to satisfy the
requirements for performance-based compensation under Section 162(m) of the Code, this Plan shall be administered by a Committee consisting solely of two or more outside directors (as this requirement is applied under Section 162(m) of the
Code); provided, however, that the failure to satisfy such requirement shall not affect the validity of the action of any Committee otherwise duly authorized and acting in the matter. Award grants, and transactions in or involving
awards, intended to be exempt under Rule 16b-3 (“Rule 16b-3”) under the Securities Exchange Act of 1934, as amended (the “1934 Act”), must be duly and timely authorized by the Board or a Committee consisting solely
of two or more non-employee directors (as this requirement is applied under Rule 16b-3). To the extent required by any applicable listing agency, this Plan shall be administered by a Committee composed entirely of independent directors (within the
meaning of the applicable listing agency). The members of a Committee may be removed at any time either with or without cause by the Board. Any vacancy on a Committee, whether due to action of the Board or any other cause, shall be filled by the
Board. The term “Committee” shall, for all purposes of this Plan, other than this Section 2, be deemed to refer to the Board if the Board is administering this Plan or, if a committee of the Board is acting within its delegated
authority in such matter, to the acting committee of the Board. 
 (b) Procedures. If this Plan is administered by a Committee of the
Board, the Committee shall from time to time select a Chairman from among the members of the Committee. The Committee shall adopt such rules and regulations as it shall deem appropriate concerning the holding of meetings and the administration of
this Plan. A majority of the entire Committee shall constitute a quorum and the actions of a majority of the members of the Committee present at a meeting at which a quorum is present, or actions approved in writing by all of the members of the
Committee (but only to the extent permitted by applicable law and the applicable rules and regulations of the principal national securities exchange or national market system (if any) on which the Common Stock is a class of securities then listed or
admitted for trading), shall be the actions of the Committee; provided, however, that if the Committee consists of only two members, both shall be required to constitute a quorum and to act at a meeting or to approve actions in
writing. 
 (c) Interpretation. Except as otherwise expressly provided in this Plan, the Board (or other Committee acting within its
delegated authority) shall have all powers with respect to the administration of this Plan, including, without limitation, full power and authority to (i) interpret the provisions of this Plan, any Option Agreement (as defined in
Section 5(b)) and any other agreement or document executed pursuant to this Plan, (ii) resolve all questions arising under this Plan, any Option Agreement and any other such agreement or plan, (iii) correct any defect, supply any
omission or reconcile any inconsistency in or among the Plan, any Option or any Option Agreement, (iv) grant waivers of Plan or Option conditions and (v) make all other determinations necessary or advisable for the administration of this
Plan. All decisions of the Board or the Committee, as the case may be, shall be conclusive and binding on all participants in this Plan. 

 3. Shares of Stock Subject to the Plan. 
 (a) Number of Available Shares. Subject to the provisions of Section 9 (relating to adjustments upon changes in capital structure and other
corporate transactions) and the further provisions of this Section 3(a), the number of shares of Common Stock available at any one time for issuance upon the exercise of Options granted under this Plan shall not exceed 2,210,000 shares of
Common Stock (before making any adjustment under this Plan or otherwise for any stock split, stock dividend or similar recapitalization event occurring on or after the Effective Date (as defined in Section 11)). In addition, on each
January 1, commencing January 1, 2004, the number of shares of Common Stock which may be available for issuance upon the exercise of Options granted under this Plan shall be increased automatically by that number of shares of Common Stock
equal to two and one half percent (2.5%) of the total number of outstanding shares of Common Stock determined as of the last day of the immediately preceding fiscal year of the Company; provided, however, that the Board of
Directors may, in its absolute discretion, determine in respect of any given January 1 that such automatic increase be less than two and one half percent (2.5%) or that no such automatic increase occur on such January 1, any such
determination to be made by February 15 of the applicable year; and provided, further, that in no event shall more than 6,500,000 shares (before making any adjustment under this Plan or otherwise for any stock split, stock
dividend or similar recapitalization event occurring after the Effective Date) of Common Stock be issued in the aggregate under the Plan. If, and to the extent that, (i) Options granted under this Plan terminate, expire or are canceled without
having been fully exercised, new Options may be granted under this Plan for the shares of Common Stock constituting the unexercised portion of such terminated, expired or canceled Options, and (ii) any shares of Common Stock issued upon the
exercise of Options granted under this Plan are forfeited to or repurchased by the Company, new Options may be granted under this Plan for up to an equivalent number of shares of Common Stock (but, in the case of any such repurchased share, only if
such share is repurchased for consideration not greater than the purchase price for such share specified in the applicable Option). 
 (b)
Character of Shares. The shares of Common Stock issuable upon the exercise of an Option granted under this Plan shall be (i) authorized but unissued shares of Common Stock, (ii) shares of Common Stock held in the Company’s
treasury or (iii) a combination of the foregoing. 
 (c) Reservation of Shares. The number of shares of Common Stock reserved for
issuance under this Plan shall at no time be less than the maximum number of shares of Common Stock which may be purchased at any time pursuant to outstanding Options. 
 4. Eligibility. 
 Options may be granted under this Plan only to persons
who are directors, officers or employees of, advisors to, or independent consultants or independent contractors to, the Company or its Subsidiaries. 
 5. Grant of Options. 
 (a) General. Options may be granted under this Plan at any time and
from time to time on or prior to the tenth anniversary of the Effective Date. Subject to the provisions of this Plan, the Committee shall have plenary authority and discretion, to determine: 
 (i) the persons (from among the classes of persons eligible to receive Options under this Plan) to whom Options shall be granted (the
“Optionees”); 
 (ii) the form and terms of Options; 
 (iii) whether Options will be granted singly, in combination with, in tandem with, in replacement of, or as alternatives to, other Options under this
Plan or any other incentive or compensation plan of the Company or any Subsidiary of the Company; 
 (iv) the time or times at which Options
shall be granted; 
 (v) the number of shares of Common Stock subject to each Option; 

 (vi) the Option Price of the shares of Common Stock subject to each Option; and 
 (vii) the time or times after grant when, and the term or terms under which, each Option and the shares of Common Stock covered thereby shall become
vested and/or exercisable and the duration of the exercise and/or vesting periods. 
 (b) Option Agreements. Each Option shall be
evidenced by a written agreement (each, an “Option Agreement”), containing such terms and conditions and in such form, not inconsistent with this Plan, as the Committee shall, in its discretion, provide. Each Option Agreement shall
be executed by the Company and the Optionee. 
 (c) No Evidence of Employment or Service. Nothing contained in this Plan or in any
Option Agreement shall confer upon any Optionee any right with respect to the continuation of his or her employment by, or services to, the Company or interfere in any way with the right of the Company (subject to the terms of any separate agreement
to the contrary) at any time to terminate such employment or service or to increase or decrease the compensation of the Optionee from the rate in existence at the time of the grant of an Option to such Optionee. 
 (d) Date of Grant. The date of grant of an Option under this Plan shall be the date specified by the Committee for the grant of such option.

 (e) Exchange and Buyout of Options. The Committee may, at any time or from time to time, authorize the grant of new Options under
this Plan in exchange for the surrender and cancellation of any or all outstanding Options. The Committee may at any time buy from an Optionee an Option previously granted with payment in cash, securities of the Company or other consideration, based
on such terms and conditions as the Company (acting through the Committee) and the Optionee may agree. 
 (f) Vesting of Options. Subject to the provisions of Section 7(b) and 9(c), Options granted under the Plan shall vest and become exercisable as follows:  1/4 of the Option shall vest and become exercisable on each of the first four anniversaries of the date upon which the Option is granted (or as otherwise determined by the
Committee and set forth in the Option Agreement pursuant to which such Options are granted). 
 6. Option Price. 

 Subject to Section 9, the price (the “Option Price”) at which each share of Common Stock subject to an Option granted
under this Plan may be purchased shall be determined by the Committee at the time the Option is granted; provided , however, that Options granted on the Effective Date shall have an Option Price equal to the Initial Public Offering
Price (subject to adjustment pursuant to Section 9 hereof). The “Initial Public Offering Price” shall be the price per share at which shares of Common Stock are initially offered for sale to the public by the Company’s
underwriters in the Company’s initial public offering of Common Stock (the “IPO”) pursuant to a registration statement on Form S-1 filed with the SEC under the Securities Act of 1933, as amended (the “1933
Act”). 
 7. Exercisability of Options. 
 (a) Committee Determination. 
 (i) Each Option and the shares of Common Stock covered thereby granted under this Plan shall be vested and/or exercisable at such time or times, or upon the occurrence of such event or events, upon such term or terms and for such number of
shares of Common Stock subject to such Option or in such portions or amounts thereof, as shall be determined by the Committee and set forth in the Option Agreement evidencing such Option; provided , however, if the Company files a
registration statement on Form S-1 with the SEC under the 1933 Act for the IPO, no Option granted under this Plan shall be exercisable as to any of the shares of Common Stock covered thereby during the one-year period immediately following the
effective date of such registration statement (the “Lock-up Period”); and, provided, further, however, that at any time following the IPO, if the Company shall register additional shares of Common Stock under
the 1933 Act for sale to the public, no Option granted under this Plan shall be exercisable as to any shares of Common Stock covered thereby, and no Optionee shall sell publicly, make 

 
any short sale of, grant any option for the purchase of, or otherwise dispose publicly of, any capital stock of the Company, for such period, that shall
commence 10 days prior to effectiveness of the registration statement pursuant to which such public offering shall be made and shall terminate that number of days following the date such registration statement is declared effective as the
underwriters of such public offering, if any, or the Company may require (the “Secondary Lock-up Period”); and, provided, further, however, that if an Option by its terms is to expire during the Lock-up Period
or the Secondary Lock-up Period, the Committee may extend the expiration date of such Option for a period equal in duration to that of the period from the commencement date of the Lock-up Period, or Secondary Lock-up Period, as applicable,

 (ii) Subject to the provisions of clause (i) above, if an Option, or the shares of Common Stock covered thereby, are not at the time
of grant of such Option immediately exercisable and/or fully vested, the Committee may (A) in the Option Agreement evidencing such Option, provide for the acceleration of the exercise or vesting date(s) of such Option, the acceleration of the
vesting of all or a portion of the shares of Common Stock covered thereby, or the continuation of the vesting (whether before, on or after the date of Termination (as defined in Section 7(b)(ii)) of the Optionee to whom such Option is granted)
of all or a portion of such Option and/or the shares of Common Stock covered thereby, upon the occurrence of specified events and/or (B) at any time prior to the complete termination of such Option, accelerate the exercise or vesting date(s) of
such Option, accelerate the vesting of all or a portion of the shares of Common Stock covered thereby, or continue the vesting (whether before, on or after the date of Termination of the Optionee to whom such Option is granted) of all or a portion
of such Option and/or the shares of Common Stock covered thereby, including in the case of this clause (B) upon the occurrence of or in connection with a Corporate Transaction (as defined in Section 9(b)). 
 (iii) The Committee may, in its discretion, amend any term or condition of an outstanding Option provided (i) such term or condition as amended is
permitted by this Plan and (ii) any such amendment shall be made only with the consent of the Optionee to whom the Option was granted, or in the event of the death of the Optionee, the Optionee’s Representatives (as defined in
Section 10(d)), if the amendment is materially adverse to the Optionee. 
 (b) Automatic Termination of Option. Except as
otherwise determined by the Committee and set forth in the Option Agreement, the unexercised portion of any Option granted under this Plan shall automatically terminate and shall become null and void and be of no further force or effect upon the
first to occur of the following: 
 (i) the ten-year anniversary of the date on which such Option is granted; 
 (ii) the three-month anniversary of the date on which the Optionee to whom such Option was granted ceases to be a director, officer or employee of,
advisor to, or independent consultant or independent contractor to, the Company or any Subsidiary thereof (such event, a “Termination”), unless such Termination occurs by reason of such Optionee’s death or Disability (as
defined in subparagraph (iii) below) or is for Cause (as defined below); provided, however, that if such Optionee shall die after the date of Termination but before the three-month anniversary of such Optionee’s date of
Termination, the unexercised portion of such Option shall automatically terminate and become null and void and be of no further force or effect upon the 12-month anniversary of such date of Termination; 
 (iii) the 12-month anniversary of the date of Termination of the Optionee to whom such Option was granted, if such Termination occurs by reason of such
Optionee’s (x) death or (y) permanent and total disability (within the meaning of Section 22(e)(3) of the Code) (a “Disability”); 
 (iv) the date of the Termination of the Optionee to whom such Option was granted, if such Termination is for Cause (as defined below) (a “Termination for Cause”); 
 (v) the expiration of such period of time or the occurrence of such event as the Committee in its discretion may provide in the Option Agreement; and

 (vi) except to the extent permitted by Section 10(d), the date on which such Option or any part thereof or right or privilege
relating thereto is transferred (other than by will or the laws of descent and distribution), assigned, pledged, hypothecated, attached or otherwise disposed of by the Optionee to whom such Option was granted. 

 Unless otherwise expressly provided by the Committee in the applicable Option Agreement, in no event
shall an Option continue to vest after the date of Termination of the Optionee to whom such Option was granted. 
 For purposes of this Plan,
the term “Cause” means, with respect to any Optionee, the Termination of such Optionee’s relationship with the Company because of (i) the commission by such Optionee of any act of fraud, theft or financial dishonesty with
respect to the Company or any of its Subsidiaries, or such Optionee has been convicted of, or plead guilty to, a felony, (ii) any material breach by such Optionee of any material provision of any agreement or understanding (whether employment
or otherwise) between the Company or any Subsidiary thereof on the one hand and such Optionee on the other hand (whether written or oral) regarding the terms of such Optionee’s service as a director, officer or employee of, or advisor,
independent consultant or independent contractor to, the Company or any Subsidiary thereof, including, without limitation, the willful and continued failure or refusal of such Optionee to perform the material duties required of such Optionee as a
director, officer or employee of, or as an advisor, independent consultant or independent contractor to, the Company or any Subsidiary thereof, other than as a result of such Optionee having a Disability, or a breach of any applicable invention
assignment and confidentiality agreement or similar agreement between the Company or any Subsidiary thereof on the one hand and such Optionee on the other hand, (iii) such Optionee’s intentional or willful disregard of the policies of the
Company or any Subsidiary thereof so as to cause loss, damage or injury to the property, reputation or employees of the Company or any Subsidiary thereof, or (iv) any other misconduct by such Optionee which is otherwise materially injurious to
the financial condition or business reputation of, or is otherwise materially injurious to, the Company or a Subsidiary thereof. Anything contained in this Plan to the contrary notwithstanding, unless otherwise provided in the applicable Option
Agreement, a Termination of an Optionee shall not be deemed to occur solely by reason of the Company’s change of the duties of the Optionee, so long as such Optionee continues to be a director, officer or employee of, advisor to, or independent
consultant or independent contractor to, the Company or any Subsidiary thereof. For purposes of Section 7(b), an Optionee employed by the Company or any Subsidiary thereof shall not be deemed to have terminated his or her employment with the
Company or such Subsidiary in the case of sick leave, military leave, or any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than ninety (90) days or reemployment upon the expiration of
such leave is guaranteed by contract or statute. 
 8. Procedure for Exercise. 
 (a) Payment. At the time an Option is granted under this Plan, the Committee shall, in its sole discretion, specify one or more of the following
forms of payment which may be used by an Optionee (but only to the extent permitted by applicable law) upon exercise of his or her Option: 
 (i) by cash (by wire transfer of immediately available funds to a bank account held by the Company designated by the Committee or a personal or certified check payable to the Company); 
 (ii) by cancellation of indebtedness of the Company to the Optionee; 
 (iii) by surrender of shares of Common Stock which either (A) have been owned by the Optionee for more than six months and have been paid for within the meaning of Rule 144 promulgated by the SEC under the 1933
Act (and, if such shares of Common Stock were purchased from the Company or any Subsidiary thereof by means of a promissory note, such note has been fully paid with respect to such shares); or (B) were obtained by the Optionee in the public
market (but, subject in any case, to the applicable limitations of Rule 16b-3); 
 (iv) by tender of a full recourse promissory note having
such terms as may be approved by the Committee and bearing interest at a rate sufficient to avoid imputation of income under Sections 483 and 1274 of the Code; provided, however, that an Optionee who is not a director, officer or
employee of the Company or any of its Subsidiaries will not be entitled to tender such a promissory note unless the note is adequately secured by collateral other than the shares of Common Stock being purchased upon the exercise of the Option;

 (v) by waiver of compensation due or accrued to the Optionee for services rendered to the Company or any of its Subsidiaries; 

(vi) if the Common Stock is a class of securities then listed or admitted to trading on any national securities exchange or traded on any national
market system (including, but not limited to, The Nasdaq National Market), in compliance with any cashless exercise program authorized by the Committee for use in connection with this Plan at the time of such exercise (but, subject in any case, to
the applicable limitations of Rule 16b-3); or 

 (vii) a combination of the methods set forth in clauses (i) through (vi). 
 (b) Notice. An Optionee (or other person, as provided in Section 10(d)) may exercise an Option granted under this Plan in whole or in part,
as provided in the Option Agreement evidencing his or her Option, by delivering a written notice (the “Notice”) to the Committee (or such other person or entity designated by the Committee from time to time). 
 (c) Content of the Notice. The Notice shall: 
 (i) state that the Optionee elects to exercise the Option; 
 (ii) state the number of shares with respect to which the Option is
being exercised (the “Optioned Shares”); 
 (iii) state the method of payment for the Optioned Shares (which method must be
available to the Optionee under the terms of his or her Option Agreement); 
 (iv) state the date upon which the Optionee desires to
consummate the purchase of the Optioned Shares (which date must be prior to the termination of such Option, be no later than 30 days from delivery of such Notice and be not otherwise prohibited under the terms of his or her Option Agreement);

 (v) include any representations and warranties of the Optionee required pursuant to Section 10(b); 
 (vi) if the Option is exercised pursuant to Section 10(d) by any person other than the Optionee, include evidence to the satisfaction of the Company
(or such other person or entity designated by the Committee from time to time) of the right of such person to exercise the Option; and 
 (vii) include such further provisions consistent with this Plan as the Committee (or such other person or entity designated by the Committee from time to time) may from time to time require. 
 (d) Issuance of Shares. The Company shall issue shares in the name of the Optionee (or such other person exercising the Option in accordance with
the provisions of Section 10(d)) for the Optioned Shares with respect to which such Option is being exercised as soon as practicable after receipt of the Notice and payment of the aggregate Option Price for such shares. If the Company uses an
electronic recordation system for ownership of shares, then, within a reasonable time after the issuance of the Optioned Shares, the Company shall send the shareholder a written statement of stock ownership as and to the extent required by the
Company’s Amended and Restated By-laws or the Florida Business Corporate Act. Neither the Optionee nor any person exercising an Option in accordance with the provisions of Section 10(d) shall have any privileges as a stockholder of the
Company with respect to any shares of stock subject to an Option granted under this Plan until the date of issuance of shares pursuant to this Section 8(d). 
 (e) 83(b) Elections. Each Optionee shall deliver to the Company a copy of any election filed by such Optionee with the Internal Revenue Service relating to any Optioned Shares no later than 30 days following
the filing of such election with the Internal Revenue Service. 
 9. Adjustments. 
 (a) Changes in Capital Structure. Subject to Section 9(b), if the Common Stock is changed by reason of a stock split, reverse stock split,
stock dividend or recapitalization, or converted into or exchanged for other securities as a result of a merger, consolidation or reorganization, the Committee shall make such adjustments in the number and class of shares of stock with respect to
which Options may be granted under this Plan as shall be equitable and appropriate in order to make such Options, as nearly as may be practicable, equivalent to such Options immediately prior to such change. A corresponding adjustment changing the
number and class of shares allocated to, and the Option Price of, each Option or portion thereof outstanding at the time of such change shall likewise be made. 

 (b) Corporate Transactions. In connection with the dissolution or liquidation of the Company, a
reorganization, merger or consolidation in which the Company is not the surviving corporation, or a sale of all or substantially all of the capital stock or assets of the Company to another person or entity (a “Corporate
Transaction”), each holder of an Option outstanding at such time shall be given (A) written notice of such Corporate Transaction at least 20 days prior to its proposed effective date (as specified in such notice) and (B) an
opportunity, during the period commencing with delivery of such notice and ending 10 days prior to such proposed effective date, to exercise the Option to the full extent to which such Option would have been exercisable by the Optionee at the
expiration of such 20-day period. 
 (c) Special Rules. The following rules shall apply in connection with Sections 9(a) and (b):

 (i) anything contained in this Plan to the contrary notwithstanding, unless otherwise provided in the applicable Option Agreement any
unvested Options held by such Optionee shall automatically vest and become exercisable upon the earlier to occur of (A) the first anniversary of the effective date of any Corporate Transaction, so long as such Optionee continues to be a
director, officer or employee of, advisor to, or independent consultant or independent contractor to, the Company or any Subsidiary thereof on such date and (B) the Termination of such Optionee by the Company or any Subsidiary (other than
Termination for Cause) at any time prior to the first anniversary of the effective date of any Corporate Transaction; 
 (ii) no fractional
shares shall be issued as a result of any such adjustment, and any fractional shares resulting from the computations pursuant to Sections 9(a) or (b) shall be eliminated without any consideration due to any Optionees; 
 (iii) no adjustment shall be made for cash dividends or the issuance to stockholders of rights to subscribe for additional shares of Common Stock or
other securities; and 
 (iv) any adjustments referred to in Sections 9(a) or (b) shall be made by the Committee in its sole discretion
and shall be conclusive and binding on all persons holding Options granted under this Plan. 
 10. Restrictions on Options and Optioned
Shares. 
 (a) Compliance With Securities Laws. No Options shall be granted under this Plan, and no shares of Common
Stock shall be issued and delivered upon the exercise of Options granted under this Plan, unless and until the Company and/or the Optionees to whom such Options shall be granted shall have complied with all applicable Federal or state registration,
listing and/or qualification requirements and all other requirements of law or of any regulatory agencies having jurisdiction. The Company may delay the issuance of shares of Common Stock upon the exercise of Options granted under this Plan until
completion of any action or the receipt of any consent which the Company deems necessary under any applicable law (including, without limitation, state securities or “blue sky” laws). 
 (b) Representations and Warranties. The Committee in its discretion may, as a condition to the exercise of any Option granted under this Plan,
require the Optionee to whom such Option shall be granted (i) to represent and warrant in writing that the shares of Common Stock to be received upon exercise of such Option are being acquired for investment only and not with a view to the
distribution thereof (or any interest therein) and (ii) to make such other representations and warranties as are deemed appropriate by the Company. 
 (c) Legends. Each certificate issued by the Company (or its transfer agent) that represents shares of Common Stock acquired upon the exercise of Options that have not been registered under the Securities Act
shall, unless otherwise directed by the Committee, be stamped or otherwise imprinted with a legend in substantially the following form (in addition to any other legends and other restrictions as the Committee may deem necessary or advisable,
including restrictions under any applicable federal, state or foreign securities laws, or any rules, regulations and other requirements of the SEC or any securities exchange or automated quotation system on which such the Common Stock may be listed,
admitted for trading or traded, or any applicable agreement): 

 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
“ACT”). THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE, AND MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH
SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER THAT SUCH REGISTRATION IS NOT REQUIRED.” 
 For any uncertificated shares
of Common Stock acquired upon the exercise of Options that have not been registered under the Securities Act, the Company may, in its discretion, make a notation within any electronic recordation system for ownership of shares or utilize other
reasonable means to evidence such have not been registered under the Securities Act. 
 (d) Nonassignability of Option Rights. Except
as otherwise determined by the Committee and set forth in the applicable Option Agreement, no Option granted under this Plan shall be assignable or otherwise transferable by the Optionee except by will or by the laws of descent and distribution.
Except as otherwise determined by the Committee and set forth in the Option Agreement, an Option may be exercised during the lifetime of the Optionee only by the Optionee. If an Optionee dies, his or her Option shall thereafter be exercisable,
except as otherwise determined by the Committee and set forth on the Option Agreement, during the period specified in Section 7(b)(ii) or (iii), as applicable, by his or her executors or administrators (collectively, the
“Representatives”) to the full extent to which such Option was exercisable by the Optionee at the time of his or her death. 
 11.
Adoption and Stockholder Approval. 
 This Plan shall become effective on the date that it is approved by the Board
(the “Effective Date”). This Plan shall be approved by the stockholders of the Company, consistent with applicable laws, within 12 months before or after the date this plan is approved by the Board. Upon the Effective Date, the
Committee may grant Options pursuant to this Plan; provided, however, that (i) no Option may be exercised prior to initial stockholder approval of this Plan, (ii) no Option granted pursuant to an increase in the number of
shares of Common Stock available under this Plan by the Board’s or the Committee’s amendment of this Plan may be exercised prior to the time such increase has been approved by the stockholders of the Company, consistent with applicable
laws; (iii) in the event that initial stockholder approval of this Plan is not obtained within the time period provided herein, all Options granted under this Plan shall be canceled; and (iv) in the event that stockholder approval of any
increase in the number of shares of Common Stock available under this Plan is not obtained within the time period provided herein, all Options granted under this Plan pursuant to such increase shall be canceled. 
 12. Expiration and Termination of the Plan. 
 Except with respect to Options then outstanding, this Plan shall expire on the first to occur of (i) the tenth anniversary of the date on which this Plan is adopted by the Board, (ii) the tenth anniversary
of the date on which this Plan is approved by the stockholders of the Company in accordance with applicable laws and (iii) the date as of which the Board, in its sole discretion, determines that this Plan shall terminate (the
“Expiration Date”). Any Options outstanding as of the Expiration Date shall remain in effect until they have been exercised or terminated or have expired by their respective terms. 
 13. Amendment of this Plan. 
 This Plan may be amended by the stockholders of the Company. This Plan may also be amended by the Board or the Committee, including, without limitation, to the extent necessary to qualify any or all outstanding Options granted under this
Plan or Options to be granted under this Plan for favorable federal income tax treatment (including deferral of taxation upon exercise) as may be afforded incentive stock options under Section 422 of the Code, to the extent necessary to ensure
the qualification of this Plan under Rule 16b-3, at such time, if any, as the Company has a class of stock registered pursuant to Section 12 of the 1934 Act, and to the extent necessary to qualify the shares of Common Stock issuable upon
exercise of any outstanding Options granted, or Options to be granted, under this Plan for listing or admission for trading on any securities exchange or automated quotation system. Any amendment approved by the Committee which is of a scope that
requires stockholder approval under applicable law or requires stockholder approval in order to ensure the compliance of this Plan with Rule 16b-3 at 

 
such time, if any, as the Company has a class of capital stock registered pursuant to Section 12 of the 1934 Act, shall be subject to obtaining such
stockholder approval. Any modification or amendment of this Plan shall not, without the consent of an Optionee, materially adversely affect his or her rights under an Option previously granted to him or her. With the consent of the Optionee
affected, the Committee may amend such Optionee’s outstanding Option Agreements in a manner which may be materially adverse to such Optionee but which is not inconsistent with this Plan. In the discretion of the Committee, outstanding Option
Agreements may be amended by the Committee in a manner which is not materially adverse to the Optionee. 
 14. Captions.

 The use of captions in this Plan is for convenience. The captions are not intended to provide substantive rights or to affect the
construction or interpretation of the provisions of this Plan. 
 15. Withholding Taxes. 
 In the event that any federal, state, or local income taxes, employment taxes, Federal Insurance Contributions Act withholdings or other amounts are
required by applicable law or governmental regulation to be withheld from the Optionee’s salary, wages or other remuneration in connection with the exercise of an Option or a Disqualifying Disposition (as defined in Section 16), the
Company may withhold from such Optionee’s wages, if any, or other remuneration, or may require the Optionee to advance in cash to the Company the amount of such withholdings unless a different withholding arrangement, including the use of
shares of the Company’s Common Stock, is authorized by the Committee (and permitted by applicable law); provided, however, that with respect to persons subject to Section 16 of the 1934 Act, any such withholding arrangement
shall be in compliance with any applicable provisions of Rule 16b-3 promulgated under Section 16 of the 1934 Act. For purposes of this Section 15, the fair market value of the shares of Common Stock (if any) withheld for purposes of
payroll withholding shall be determined as of the most recent date practicable prior to the date of exercise and in the manner provided in Section 6(b). If the fair market value of the shares of Common Stock withheld is less than the amount of
the payroll withholdings required, the Optionee may be required to advance the difference in cash to the Company. The Committee may condition the transfer of any shares of Common Stock or the removal of any restrictions on any Option on the
satisfaction by the Optionee of the foregoing withholding obligations. 
 16. Other Provisions. 
 Each Option granted under this Plan may contain such other terms and conditions not inconsistent with this Plan as may be determined by the Committee, in
its sole discretion. 
 17. Number and Gender. 
 With respect to words used in this Plan, the singular form shall include the plural form, the masculine gender shall include the feminine gender, and vice-versa, as the context requires. 
 18. Nonexclusivity of this Plan. 
 Neither the adoption of this Plan by the Board, the submission of this Plan to the stockholders of the Company for approval, nor any provision of this Plan shall be construed as creating any limitations on the power of the Board or the
Committee to adopt such additional compensation arrangements as it may deem desirable, including, without limitation, the granting of stock options otherwise than under this Plan, and such arrangements may be either generally available or applicable
only in specific cases. 
 19. Governing Law. 
 The validity and construction of this Plan and the instruments evidencing the Options granted hereunder shall be governed by the laws of the State of Florida without regard to conflict of laws provisions thereunder.

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