Document:

EX-10.26

 Exhibit 10.26 

DRIVEN BRANDS HOLDINGS INC. 

2021 OMNIBUS INCENTIVE PLAN 

NONQUALIFIED OPTION AWARD AGREEMENT 

THIS NONQUALIFIED OPTION AWARD AGREEMENT (this “Agreement”), is entered into as of [DATE] (the “Date of
Grant”), by and between Driven Brands Holdings Inc., a Delaware corporation (the “Company”), and [NAME] (the “Participant”). Capitalized terms used in this Agreement and not otherwise defined herein
have the meanings ascribed to such terms in the Driven Brands Holdings Inc. 2021 Omnibus Incentive Plan, as amended, restated or otherwise modified from time to time in accordance with its terms (the “Plan”). 

R E C I T A L S: 

WHEREAS, the Company has adopted the Plan, pursuant to which options to acquire shares of Common Stock may be granted
(“Options”); and 
 WHEREAS, in connection with the IPO, the Committee has determined that it is in the best
interests of the Company and its stockholders to grant the award provided for herein to the Participant on the terms and subject to the conditions set forth herein. 

NOW, THEREFORE, for and in consideration of the premises and the covenants of the parties contained in this Agreement, and for other
good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, for themselves, their successors and assigns, hereby agree as follows: 

1. Grant of Option. 
 (a) Grant. The
Company hereby grants to the Participant an Option to purchase [____] shares of Common Stock (such shares, the “Option Shares”), on the terms and subject to the conditions set forth in this Agreement and as otherwise provided
in the Plan. The Option is not intended to qualify as an Incentive Stock Option. The Exercise Price shall be $[___] per Option Share. 

(b) Incorporation by Reference. The provisions of the Plan are incorporated herein by reference. Except as otherwise expressly set forth
herein, this Agreement shall be construed in accordance with the provisions of the Plan and any interpretations, amendments, rules and regulations promulgated by the Committee from time to time pursuant to the Plan. The Committee shall have final
authority to interpret and construe the Plan and this Agreement and to make any and all determinations under them, and its decision shall be binding and conclusive upon the Participant and the Participant’s beneficiary in respect of any
questions arising under the Plan or this Agreement. The Participant acknowledges that the Participant has received a copy of the Plan and has had an opportunity to review the Plan and agrees to be bound by all the terms and provisions of the Plan.

 2. Vesting and Forfeiture. As of the Date of Grant, 100% of the Option is unvested. Subject to
the Participant’s continuous employment with, directorship with, or engagement to provide services to, the Company and its Subsidiaries on the applicable vesting date, the unvested Option granted under this Agreement shall vest in three equal
installments (rounded to the nearest integer) on each of the first three anniversaries of the consummation of the Company’s initial public offering of shares of Common Stock. If the Participant’s employment with, directorship with, or
engagement to provide services to, the Company and its Subsidiaries terminates for any reason, Participant shall forfeit all right, title, and interest in and to any unvested portion of the Option as of the date of such termination, and such
unvested portion of the Option shall be cancelled without further consideration or any act or action by the Participant. In addition, the Participant shall forfeit all right, title, and interest in and to any outstanding portion of the Option that
has vested upon the earliest to occur of the following circumstances: (x) immediately upon termination of the Participant’s employment with, directorship with, or engagement to provide services to, the Company and its Subsidiaries if such
termination is for Cause; or (y) following termination of the Participant’s employment with, directorship with, or engagement to provide services to, the Company and its Subsidiaries, if the Participant breaches any of his or her
post-termination covenants in any agreement between the Participant and the Company (or its Subsidiaries). 
 3. Expiration. 

(a) In no event shall all or any portion of the Option be exercisable after the tenth annual anniversary of the Date of Grant (such ten-year period, the “Option Period”); provided, that if the Option Period would expire at a time when trading in the shares of Common Stock is prohibited by the Company’s securities
trading policy (or Company-imposed “blackout period”), the Option Period shall be automatically extended until the 30th day following the expiration of such prohibition (but not to the
extent that any such extension would otherwise violate Section 409A of the Code). 
 (b) If, prior to the end of the Option Period, the
Participant’s employment with, directorship with, or engagement to provide services to, the Company and all Subsidiaries is terminated without Cause, then the Option shall expire on the earlier of the last day of the Option Period and the date
that is 90 days after the date of such termination. 
 (c) If (i) the Participant’s employment with, directorship with, or
engagement to provide services to, the Company and all Subsidiaries is terminated prior to the end of the Option Period on account of his or her Disability, (ii) the Participant dies while still a director of, or still in the employ or
engagement of the Company or a Subsidiary or (iii) the Participant dies following a termination described in subsection (b) above but prior to the expiration of an Option, the Option shall expire on the earlier of the last day of the
Option Period and the date that is one (1) year after the date of death or termination on account of Disability of the Participant, as applicable. 

(d) If, prior to the end of the Option Period, the Participant’s employment with, directorship with, or engagement to provide services to,
the Company and all Subsidiaries is terminated for Cause or due to the Participant’s resignation, the Option (whether vested or unvested) shall expire immediately upon such termination or resignation. 

  
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 4. Method of Exercise and Form of Payment. No portion of the Option shall be exercisable
unless vested. No Option Shares shall be delivered pursuant to any exercise of the Option until the Participant has paid in full to the Company the Exercise Price and an amount equal to any U.S. federal, state, local and non-U.S. income and employment taxes required to be withheld. The Option may be exercised by delivery of written or electronic notice of exercise to the Company or its designee (including a
third-party-administrator) in accordance with the terms hereof. The Exercise Price and all applicable required withholding taxes shall be payable (i) in cash, check, cash equivalent and/or in shares of Common Stock valued at the Fair Market
Value at the time the Option is exercised (including, pursuant to procedures approved by the Committee, by means of attestation of ownership of a sufficient number of shares of Common Stock in lieu of actual delivery of such shares to the Company);
provided that such shares of Common Stock are not subject to any pledge or other security interest; or (ii) by such other method as the Committee may permit in its sole discretion, including without limitation: (A) in other property
having a Fair Market Value equal to the Exercise Price and all applicable required withholding taxes, (B) if there is a public market for the shares of Common Stock at such time, by means of a broker-assisted “cashless exercise”
pursuant to which the Company is delivered a copy of irrevocable instructions to a stockbroker to sell the shares of Common Stock otherwise deliverable upon the exercise of the Option and to deliver promptly to the Company an amount equal to the
Exercise Price and all applicable required withholding taxes, or (C) by means of a “net exercise” procedure effected by withholding the minimum number of shares of Common Stock otherwise deliverable in respect of an Option that are
needed to pay for the Exercise Price and all applicable required withholding taxes. Any fractional shares of Common Stock resulting from the application of this Section 4 shall be settled in cash. 

5. Rights as a Stockholder. The Participant shall not be deemed for any purpose to be the owner of any shares of Common Stock subject to this
Option unless, until and to the extent that (i) this Option shall have been exercised pursuant to its terms, (ii) the Company shall have issued and delivered to the Participant the Option Shares and (iii) the Participant’s name
shall have been entered as a stockholder of record with respect to such Option Shares on the books of the Company. The Company shall cause the actions described in clauses (ii) and (iii) of the preceding sentence to occur promptly following
settlement as contemplated by this Agreement, subject to compliance with applicable laws. 
 6. Compliance with Legal Requirements. 

(a) Generally. The granting and exercising of the Option, and any other obligations of the Company under this Agreement, shall be
subject to all applicable U.S. federal, state and local laws, rules and regulations, all applicable non-U.S. laws, rules and regulations and to such approvals by any regulatory or governmental agency as may be
required. The Participant agrees to take all steps that the Committee or the Company determines are reasonably necessary to comply with all applicable provisions of U.S. federal and state securities law and
non-U.S. securities law in exercising the Participant’s rights under this Agreement. 
 (b)
Tax Withholding. Any exercise of the Option shall be subject to the Participant’s satisfying any applicable U.S. federal, state and local tax withholding obligations and non-U.S. tax withholding
obligations. The Company shall have the right and is hereby authorized to withhold from any amounts payable to the Participant in connection with the Option or otherwise the amount of any required withholding taxes in respect of the Option, its
exercise or any payment or transfer of the Option or under the Plan and to take any such other action as the Committee or the Company deem necessary to satisfy all obligations for the payment of such withholding taxes (up to the maximum permissible
withholding amounts), including the right to use a broker-assisted “cashless exercise” as described in Section 4 hereof. The Participant may elect to satisfy (if a broker-assisted “cashless exercise” is not available), and
the Company may in all events require the Participant to satisfy, in whole or in part, the tax obligations by withholding shares of Common Stock that would otherwise be received upon exercise of the Option with a Fair Market Value equal to such
withholding liability. 

  
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 7. Clawback. Notwithstanding anything to the contrary contained herein, the Committee may
cancel the Option award if the Participant, without the consent of the Company, has engaged in or engages in activity that is in conflict with or adverse to the interests of the Company or any Affiliate while employed by, serving as a director of,
or otherwise providing services to the Company or any Subsidiary, including fraud or conduct contributing to any financial restatements or irregularities, or violates a non-competition, non-solicitation, non-disparagement or non-disclosure covenant or agreement with the Company or any Subsidiary (after giving effect to
any applicable cure period set forth therein), as determined by the Committee. In such event, the Participant will forfeit any compensation, gain or other value realized thereafter on the vesting or exercise of the Option, the sale or other transfer
of the Option, or the sale of shares of Common Stock acquired in respect of the Option (provided that the Option or portion thereof was exercised during the 12-month period immediately prior to the
Participant’s adverse activity), and must promptly repay such amounts to the Company. If the Participant receives any amount in excess of what the Participant should have received under the terms of the Option for any reason (including without
limitation by reason of a financial restatement, mistake in calculations or other administrative error), all as determined by the Committee, then the Participant shall promptly repay any such excess amount to the Company. To the extent required by
applicable law or the rules and regulations of the NASDAQ or any other securities exchange or inter-dealer quotation system on which the Common Stock is listed or quoted, or if so required pursuant to a written policy adopted by the Company, the
Option shall be subject (including on a retroactive basis) to clawback, forfeiture or similar requirements (and such requirements shall be deemed incorporated by reference into this Agreement). 

8. Miscellaneous. 
 (a)
Transferability. The Option may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered (a “Transfer”) by the Participant other than by will or by the laws of descent and distribution,
pursuant to a qualified domestic relations order or as otherwise permitted under Section 14(b) of the Plan. Any attempted Transfer of the Option contrary to the provisions hereof, and the levy of any execution, attachment or similar process
upon the Option, shall be null and void and without effect. 
 (b) Waiver. Any right of the Company contained in this Agreement may be
waived in writing by the Committee. No waiver of any right hereunder by any party shall operate as a waiver of any other right, or as a waiver of the same right with respect to any subsequent occasion for its exercise, or as a waiver of any right to
damages. No waiver by any party of any breach of this Agreement shall be held to constitute a waiver of any other breach or a waiver of the continuation of the same breach. 

(c) Section 409A. The Option is not intended to be subject to Section 409A of the Code. Notwithstanding the foregoing or any
provision of the Plan or this Agreement, if any provision of the Plan or this Agreement contravenes Section 409A of the Code or could cause the Participant to incur any tax, interest or penalties under Section 409A of the Code, the
Committee may, in its sole discretion and without the Participant’s consent, modify such provision to (i) comply with, or avoid being subject to, Section 409A of the Code, or to avoid the incurrence of taxes, interest and penalties
under Section 409A of the Code, and/or (ii) maintain, to the maximum 

  
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extent practicable, the original intent and economic benefit to the Participant of the applicable provision without materially increasing the cost to the Company or contravening the provisions of
Section 409A of the Code. This Section 8(c) does not create an obligation on the part of the Company to modify the Plan or this Agreement and does not guarantee that the Option or the Option Shares will not be subject to interest and
penalties under Section 409A. 
 (d) Notices. Any notices provided for in this Agreement or the Plan shall be in writing and
shall be deemed sufficiently given if either hand delivered or if sent by fax, pdf/email or overnight courier, or by postage-paid first-class mail. Notices sent by mail shall be deemed received three business days after mailing but in no event later
than the date of actual receipt. Notices shall be directed, if to the Participant, at the Participant’s address indicated by the Company’s records, or if to the Company, to the attention of the General Counsel at the Company’s
principal executive office. 
 (e) Severability. The invalidity or unenforceability of any provision of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 

(f) No Rights to Employment, Directorship or Service. Nothing contained in this Agreement shall be construed as giving the Participant
any right to be retained, in any position, as an employee, consultant or director of the Company or any of its Affiliates or shall interfere with or restrict in any way the rights of the Company or any of its Affiliates, which are hereby expressly
reserved, to remove, terminate or discharge the Participant at any time for any reason whatsoever. 
 (g) Fractional Shares. In lieu
of issuing a fraction of a share of Common Stock resulting from any exercise of the Option or an adjustment of the Option pursuant to Section 11 of the Plan or otherwise, the Company shall be entitled to pay to the Participant an amount in cash
equal to the Fair Market Value of such fractional share. 
 (h) Beneficiary. The Participant may file with the Committee a written
designation of a beneficiary on such form as may be prescribed by the Committee and may, from time to time, amend or revoke such designation. 

(i) Successors. The terms of this Agreement shall be binding upon and inure to the benefit of the Company and its successors and
assigns, and of the Participant and the beneficiaries, executors, administrators, heirs and successors of the Participant. 
 (j) Entire
Agreement. This Agreement and the Plan contain the entire agreement and understanding of the parties hereto with respect to the subject matter contained herein and supersede all prior communications, representations and negotiations in respect
thereto, other than any other non-competition, non-solicitation, non-disparagement or
non-disclosure or other similar agreement to which the Participant may be a party, the covenants of which shall continue to apply to the Participant, in accordance with the terms of such agreement. No change,
modification or waiver of any provision of this Agreement shall be valid unless the same be in writing and signed by the parties hereto, except for any changes permitted without consent under Section 11 or 13 of the Plan. 

(k) Governing Law and Venue. This Agreement shall be construed and interpreted in accordance with the laws of the State of Delaware,
without regard to principles of conflicts of laws thereof, or principles of conflicts of laws of any other jurisdiction that could cause the application of the laws of any jurisdiction other than the State of Delaware. 

  
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 (i) Dispute Resolution; Consent to Jurisdiction. All disputes between
or among any Persons arising out of or in any way connected with the Plan, this Agreement or the Option shall be solely and finally settled by the Committee, acting in good faith, the determination of which shall be final. Any matters not covered by
the preceding sentence shall be solely and finally settled in accordance with the Plan, and the Participant and the Company consent to the personal jurisdiction of the United States federal and state courts sitting in Wilmington, Delaware, as the
exclusive jurisdiction with respect to matters arising out of or related to the enforcement of the Committee’s determinations and resolution of matters, if any, related to the Plan or this Agreement not required to be resolved by the Committee.
Each such Person hereby irrevocably consents to the service of process of any of the aforementioned courts in any such suit, action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, to the last known
address of such Person, such service to become effective ten (10) days after such mailing. 
 (ii) Waiver of Jury
Trial. Each party hereto hereby waives, to the fullest extent permitted by applicable law, any right it may have to a trial by jury in any legal proceeding directly or indirectly arising out of or relating to this Agreement or the transactions
contemplated (whether based on contract, tort or any other theory). Each party hereto (A) certifies that no representative, agent or attorney of any other party has represented, expressly or otherwise, that such other party would not, in the
event of litigation, seek to enforce the foregoing waiver and (B) acknowledges that it and the other parties hereto have been induced to enter into this Agreement by, among other things, the mutual waivers and certifications in this section.

 (l) Headings. The headings of the Sections hereof are provided for convenience only and are not to serve as a basis for
interpretation or construction, and shall not constitute a part, of this Agreement. 
 (m) Counterparts. This Agreement may be
executed in one or more counterparts (including via facsimile and electronic image scan (pdf)), each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument and shall become effective when
one or more counterparts have been signed by each of the parties and delivered to the other parties. 
 (n) Electronic Signature and
Delivery. This Agreement may be accepted by return signature or by electronic confirmation. By accepting this Agreement, the Participant consents to the electronic delivery of prospectuses, annual reports and other information required to be
delivered by U.S. Securities and Exchange Commission rules (which consent may be revoked in writing by the Participant at any time upon three business days’ notice to the Company, in which case subsequent prospectuses, annual reports and other
information will be delivered in hard copy to the Participant). 
 (o) Electronic Participation in Plan. The Company may, in
its sole discretion, decide to deliver any documents related to current or future participation in the Plan by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan
through an on-line or electronic system established and maintained by the Company or a third party designated by the Company. 

  
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 [Remainder of page intentionally blank] 

  
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 IN WITNESS WHEREOF, this Nonqualified Option Award Agreement has been executed by the
Company and the Participant as of the day first written above. 
  

			
	DRIVEN BRANDS HOLDINGS INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	PARTICIPANT
	
	  

	[NAME]

 [Signature Page to Nonqualified Option Award Agreement]EX-10.27

 Exhibit 10.27 

 
  

DRIVEN INVESTOR LLC 

INCENTIVE EQUITY PLAN 
  

 

 DRIVEN INVESTOR LLC 

INCENTIVE EQUITY PLAN 
  

					
	 ARTICLE 1 PURPOSE
	  	- 1 -
			
	 1.1
	 	General	  	- 1 -
		
	 ARTICLE 2 DEFINITIONS
	  	- 1 -
			
	 2.1
	 	Definitions	  	- 1 -
		
	 ARTICLE 3 EFFECTIVE TERM OF PLAN
	  	- 3 -
			
	 3.1
	 	Effective Date	  	- 3 -
			
	 3.2
	 	Termination of Plan	  	- 3 -
		
	 ARTICLE 4 ADMINISTRATION
	  	- 3 -
			
	 4.1
	 	Administrator	  	- 3 -
			
	 4.2
	 	Action and Interpretations by the Administrator	  	- 4 -
			
	 4.3
	 	Authority of Administrator	  	- 4 -
		
	 ARTICLE 5 UNITS SUBJECT TO THE PLAN
	  	- 5 -
			
	 5.1
	 	Number of Class B Units	  	- 5 -
		
	 ARTICLE 6 ELIGIBILITY
	  	- 5 -
			
	 6.1
	 	General	  	- 5 -
		
	 ARTICLE 7 PROVISIONS APPLICABLE TO AWARDS
	  	- 5 -
			
	 7.1
	 	Grant of Awards	  	- 5 -
			
	 7.2
	 	Issuance and Restrictions	  	- 5 -
			
	 7.3
	 	Acceleration of Vesting	  	- 5 -
			
	 7.4
	 	Forfeiture Events	  	- 5 -
		
	 ARTICLE 8 CHANGES IN CAPITAL STRUCTURE
	  	- 6 -
			
	 8.1
	 	General	  	- 6 -
			
	 8.2
	 	Certain Transactions	  	- 6 -
		
	 ARTICLE 9 AMENDMENT, MODIFICATION AND TERMINATION
	  	- 6 -
			
	 9.1
	 	Amendment, Modification and Termination	  	- 6 -
			
	 9.2
	 	Awards Previously Granted	  	- 6 -
		
	 ARTICLE 10 GENERAL PROVISIONS
	  	- 7 -
			
	 10.1
	 	Rights of Participants	  	- 7 -
			
	 10.2
	 	Withholding	  	- 7 -
			
	 10.3
	 	Special Provisions Related to the Code	  	- 7 -
			
	 10.4
	 	Relationship to Other Benefits	  	- 8 -
			
	 10.5
	 	Expenses	  	- 8 -

  
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	 10.6
	 	Titles and Headings	  	- 8 -
			
	 10.7
	 	Gender and Number	  	- 8 -
			
	 10.8
	 	Government and Other Regulations	  	- 8 -
			
	 10.9
	 	Governing Law	  	- 9 -
			
	 10.10
	 	Severability	  	- 9 -
			
	 10.11
	 	No Limitations on Rights of Company	  	- 9 -

  
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 DRIVEN INVESTOR LLC 

INCENTIVE EQUITY PLAN 

ARTICLE 1 
 PURPOSE

 1.1 GENERAL. The purpose of the DRIVEN INVESTOR LLC Incentive Equity Plan (the “Plan”) is to promote the success,
and enhance the value, of Driven Investor LLC (the “Company”), by linking the personal interests of employees, officers, directors and consultants of the Company or any Subsidiary (as defined below) to those of Company members and by
providing such persons with an incentive for outstanding performance. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services of employees, officers, directors and consultants
upon whose judgment, interest, and special effort the successful conduct of the Company’s operation is largely dependent. Accordingly, the Plan permits the grant of incentive awards from time to time to selected employees, officers, directors
and consultants of the Company and its Subsidiaries. 
 ARTICLE 2 

DEFINITIONS 
 2.1
DEFINITIONS. When a word or phrase appears in this Plan with the initial letter capitalized, and the word or phrase does not commence a sentence, the word or phrase will generally be given the meaning ascribed to it in this Section or in
Section 1.1 unless a clearly different meaning is required by the context. The following words and phrases have the following meanings: 

(a) “Administrator” means the Board, committee of the Board, or person(s) appointed by the Board to administer the
Plan, as described in Article 4. 
 (b) “Award” means an award of Class B Units granted to a Participant under
the Plan. 
 (c) “Award Agreement” means a written document, in such form as the Administrator prescribes from time
to time, setting forth the terms and conditions of an Award. Award Agreements may be in the form of individual award agreements or certificates or a program document describing the terms and provisions of an Award or series of Awards under the Plan.
The Administrator may provide for the use of electronic or other non-paper Award Agreements, and the use of electronic or other non-paper means for the acceptance
thereof and actions thereunder by a Participant. 
 (d) “Board” means the board of managers of the Company. 

(e) “Cause” as a reason for a Participant’s termination of employment has the meaning assigned such term in the
applicable Award Agreement. 

 (f) “Class B Units” means the Company’s Class B
Common Units. If there has been an adjustment or substitution pursuant to Article 8, the term “Class B Units” shall also include any units or other securities that are substituted for the Class B Common Units or into which the
Class B Common Units are adjusted pursuant to Article 8. 
 (g) “Code” means the Internal Revenue Code of
1986, as amended from time to time. For purposes of this Plan, references to sections of the Code shall be deemed to include references to any applicable regulations thereunder and any successor or similar provision. 

(h) “Company” means Driven Investor LLC, a Delaware limited liability company, or any successor corporation. 

(i) “Continuous Service” means the absence of any interruption or termination of service as an employee, officer,
consultant or director of the Company or any Subsidiary, as applicable. Continuous Service shall not be considered interrupted in the following cases: (i) a Participant transfers employment between the Company and a Subsidiary or between
Subsidiaries, or (ii) in the discretion of the Administrator as specified at or prior to such occurrence, in the case of a spin-off, sale or disposition of the Participant’s employer from the Company
or any Subsidiary, or (iii) any leave of absence authorized in writing by the Company prior to its commencement. Whether military, government or other service or other leave of absence shall constitute a termination of Continuous Service shall
be determined in each case by the Administrator at its discretion, and any determination by the Administrator shall be final and conclusive. 

(j) “Effective Date” has the meaning assigned such term in Section 3.1. 

(k) “Eligible Participant” means an employee (including a leased employee), officer, consultant or director of the
Company or any Subsidiary. 
 (l) “Grant Date” of an Award means the first date on which all necessary action has
been taken to approve the grant of the Award as provided in the Plan, or such later date as is determined and specified as part of that authorization process. Notice of the grant shall be a provided to the grantee within a reasonable time after the
Grant Date. 
 (m) “LLC Agreement” means the Limited Liability Company Agreement, dated as of April 17, 2015,
made by and among the Company and its members. 
 (n) “Participant” means an Eligible Participant who has been
granted an Award under the Plan, or the legal guardian or other legal representative acting in a fiduciary capacity on behalf of the Participant under applicable law and court supervision. 

  
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 (o) “Participation Threshold” has the meaning set forth in the LLC
Agreement. 
 (p) “Plan” means this Driven Investor LLC Incentive Equity Plan, as amended from time to time. 

(q) “Pro Rata Share” has the meaning set forth in the LLC Agreement. 

(r) “Public Offering” has the meaning set forth in the LLC Agreement. 

(s) “Sale Transaction” has the meaning set forth in the LLC Agreement. 

(t) “Subsidiary” means any corporation, limited liability company, partnership or other entity of which a majority of
the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Company. 
 (u) “1933
Act” means the Securities Act of 1933, as amended from time to time. 
 ARTICLE 3 

EFFECTIVE TERM OF PLAN 

3.1 EFFECTIVE DATE. The Plan will become effective on the date that it is adopted by the Board (the “Effective Date”). 

3.2 TERMINATION OF PLAN. The Plan may be terminated as provided herein. The termination of the Plan shall not affect the validity of any
Award outstanding on the date of termination, which shall continue to be governed by the applicable terms and conditions of the Plan. 

ARTICLE 4 

ADMINISTRATION 
 4.1
ADMINISTRATOR. The Plan shall be administered by the Board (or a committee of the Board), or, at the discretion of the Board, by another Administrator appointed by the Board for that purpose. If the Plan is not being administered by the Board
(or a committee of the Board), the Administrator appointed by the Board may be changed at any time and from time to time in the discretion of, the Board. The Board may reserve to itself, or to a committee of the Board, any or all of the authority
and responsibility of the Administrator under the Plan or may act as administrator of the Plan for any and all purposes. To the extent the Board has reserved any authority and responsibility or during any time that the Board or a committee of the
Board is acting as administrator of the Plan, it shall have all the powers and protections of the Administrator hereunder, and any reference herein to the Administrator (other than in this Section 4.1) shall include the Board and any such
appointed committee. To the extent any action of the Board or a committee of the Board under the Plan conflicts with actions taken by the Administrator, the actions of the Board or such appointed committee shall control. 

  
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 4.2 ACTION AND INTERPRETATIONS BY THE ADMINISTRATOR. For purposes of administering
the Plan, the Administrator may from time to time adopt rules, regulations, guidelines and procedures for carrying out the provisions and purposes of the Plan and make such other determinations, not inconsistent with the Plan, as the Administrator
may deem appropriate. The Administrator may correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any Award in the manner and to the extent it deems necessary to carry out the intent of the Plan. The
Administrator’s interpretation of the Plan, any Awards granted under the Plan, any Award Agreement and all decisions and determinations by the Administrator with respect to the Plan are final, binding, and conclusive on all parties. 

4.3 AUTHORITY OF ADMINISTRATOR. Except as provided in Section 4.1 hereof, the Administrator has the exclusive power, authority and
discretion to: 
 (a) grant Awards; 

(b) designate Participants; 

(c) determine the number of Awards to be granted to each Participant; 

(d) determine the terms and conditions of any Award granted under the Plan; 

(e) prescribe the form of each Award Agreement, which need not be identical for each Participant; 

(f) decide all other matters that must be determined in connection with an Award; 

(g) establish, adopt or revise any rules, regulations, guidelines or procedures as it may deem necessary or advisable to
administer the Plan; 
 (h) make all other decisions and determinations that may be required under the Plan or as the
Administrator deems necessary or advisable to administer the Plan; 
 (i) amend the Plan or any Award Agreement as provided
herein; and 
 (j) adopt such modifications, procedures, and subplans as may be necessary or desirable to comply with
provisions of the laws of the United States or any non-U.S. jurisdictions in which the Company or any Subsidiary may operate, in order to assure the viability of the benefits of Awards granted to participants
located in the United States or such other jurisdictions and to further the objectives of the Plan. 

  
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 ARTICLE 5 

UNITS SUBJECT TO THE PLAN 

5.1 NUMBER OF CLASS B UNITS. Subject to adjustment as provided in Article 8, the aggregate number of Class B
Units reserved and available for issuance pursuant to Awards granted under the Plan shall be that number of Class B Units set forth in the LLC Agreement. Class B Units covered by an Award shall be subtracted from the Plan reserve as of the
Grant Date, but to the extent that an Award is canceled, terminates, expires, is forfeited or lapses for any reason, any unissued or forfeited Class B Units originally subject to the Award will be added back to the Plan reserve and again be
available for issuance pursuant to Awards granted under the Plan. 
 ARTICLE 6 

ELIGIBILITY 
 6.1
GENERAL. Awards may be granted only to Eligible Participants. 
 ARTICLE 7 

PROVISIONS APPLICABLE TO AWARDS 

7.1 GRANT OF AWARDS. The Administrator is authorized to make Awards to Participants in such amounts and subject to such terms and
conditions as may be selected by the Administrator. An Award shall be evidenced by an Award Agreement setting forth the terms, conditions, and restrictions applicable to the Award. 

7.2 ISSUANCE AND RESTRICTIONS. Awards shall be subject to such restrictions on transferability and other restrictions as the
Administrator may impose and as set forth in the LLC Agreement. These restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, upon the satisfaction of performance goals or otherwise, as the
Administrator determines at the time of the grant of the Award or thereafter. 
 7.3 ACCELERATION OF VESTING. The Administrator may in
its sole discretion at any time determine that all or a part of the time-based vesting restrictions on all or a portion of the outstanding Awards shall lapse, and/or that any performance-based criteria with respect to any Awards shall be deemed to
be wholly or partially satisfied, in each case, as of such date as the Administrator may, in its sole discretion, declare. The Administrator need not be consistent among Participants and among Awards granted to a Participant in exercising its
discretion pursuant to this Section 7.3. 
 7.4 FORFEITURE EVENTS. The Administrator may specify in an Award Agreement that the
Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or
performance conditions of an Award. Such events may include, but shall not be limited to, (i) termination of employment for Cause, (ii) violation of material Company or Subsidiary policies, (iii) breach of noncompetition,
confidentiality or other restrictive covenants that may apply to the Participant, (iv) other conduct by the Participant that is detrimental to the business or 

  
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reputation of the Company or any Subsidiary, (v) failure of the Participant to deliver a general release in favor of the Company and its affiliates, in form acceptable to the Company, or
(vi) a later determination that the vesting of, or amount realized from, a Performance Award was based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria, whether or not the Participant
caused or contributed to such material inaccuracy. 
 ARTICLE 8 

CHANGES IN CAPITAL STRUCTURE 

8.1 GENERAL. In the event the Class B Units shall be changed into or exchanged for a different number or class of units,
interests, shares of stock or other securities of the Company or of another company, whether through reorganization, recapitalization, statutory share exchange, reclassification, stock split, combination of shares, merger or consolidation, or
otherwise, the authorization limits under Section 5.1 shall be adjusted proportionately, and the Administrator shall make such adjustments to the Plan and Awards as it deems necessary, in its sole discretion, to prevent dilution or enlargement
of rights immediately resulting from such transaction. Action by the Administrator may include: (i) adjustment of the number and kind of securities that may be delivered under the Plan; (ii) adjustment of the number and kind of securities
subject to outstanding Awards; (iii) adjustment of the Participation Thresholds of outstanding Awards; and (iv) any other adjustments that the Administrator determines to be equitable. Any adjustments made pursuant to this Article 8 shall
be subject to the provisions of Section 9.2 and shall comply with the terms of the LLC Agreement. 
 8.2 CERTAIN TRANSACTIONS. In
connection with any restructuring, merger, refinancing, conversion, Sale Transaction, Public Offering or other strategic transaction, as provided in the LLC Agreement, the Administrator may terminate and cancel, without any payment or other
consideration with respect thereto, any Unit subject to an Award if such Unit, immediately prior to the consummation of such transaction(s) has a Pro Rata Share equal to zero. 

ARTICLE 9 
 AMENDMENT,
MODIFICATION AND TERMINATION 
 9.1 AMENDMENT, MODIFICATION AND TERMINATION. The Board or the Administrator may, at any time and
from time to time, amend, modify or terminate the Plan without approval of the Company’s members, except as otherwise required under the LLC Agreement. 

9.2 AWARDS PREVIOUSLY GRANTED. No termination, amendment, or modification of the Plan shall adversely affect any Award previously
granted under the Plan, without the written consent of the Participant affected thereby, except as otherwise permitted under the LLC Agreement. 

  
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 ARTICLE 10 

GENERAL PROVISIONS 
 10.1
RIGHTS OF PARTICIPANTS. 
 (a) No Participant or any Eligible Participant shall have any claim to be granted any Award
under the Plan. Neither the Company, its Subsidiaries nor the Administrator is obligated to treat Participants or Eligible Participants uniformly, and determinations made under the Plan may be made by the Administrator selectively among Eligible
Participants who receive, or are eligible to receive, Awards (whether or not such Eligible Participants are similarly situated). 

(b) Nothing in the Plan, any Award Agreement or any other document or statement made with respect to the Plan, shall interfere
with or limit in any way the right of the Company or any Subsidiary to terminate any Participant’s employment or status as an officer, or any Participant’s service as a manager or director, at any time, nor confer upon any Participant any
right to continue as an employee, officer, manager or director of the Company or any Subsidiary, whether for the duration of a Participant’s Award or otherwise. 

(c) Neither an Award nor any benefits arising under this Plan shall constitute an employment contract with the Company or any
Subsidiary and, accordingly, subject to Article 9, this Plan and the benefits hereunder may be terminated at any time in the sole and exclusive discretion of the Administrator without giving rise to any liability on the part of the Company or an of
its Subsidiaries. 
 10.2 WITHHOLDING. The Company or any Subsidiary shall have the authority and the right to deduct or withhold, or
require a Participant to remit to the Company or such Subsidiary, an amount sufficient to satisfy federal, state, local and foreign taxes (including the Participant’s FICA obligation) required by law to be withheld with respect to any grant,
vesting, repurchase, or other taxable event arising as a result of the Plan. The obligations of the Company under the Plan will be conditioned on such payment or arrangements and the Company or such Subsidiary will, to the extent permitted by law,
have the right to deduct any such taxes from any payment of any kind otherwise due to the Participant. 
 10.3 SPECIAL PROVISIONS RELATED
TO THE CODE. It is intended that the payments and benefits provided under the Plan and any Award shall either be exempt from the application of, or comply with, the requirements of Section 409A of the Code. The Plan and all Award Agreements
shall be construed in a manner that effects such intent. Nevertheless, the tax treatment of the benefits provided under the Plan or any Award is not warranted or guaranteed. Neither the Company, its Subsidiaries nor their respective directors,
officers, employees or advisers (other than in his or her capacity as a Participant) shall be held liable for any taxes, interest, penalties or other monetary amounts owed by any Participant or other taxpayer as a result of the Plan or any Award.
This Plan is not intended to be subject to ERISA. 

  
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 10.4 RELATIONSHIP TO OTHER BENEFITS. No payment under the Plan shall be taken into
account in determining any benefits under any pension, retirement, savings, profit sharing, group insurance, welfare or benefit plan of the Company or any Subsidiary unless provided otherwise in such other plan. Nothing contained in the Plan will
prevent the Company from adopting other or additional compensation arrangements, subject to approval of the Company’s members if such approval is required; and such arrangements may be either generally applicable or applicable only in specific
cases. 
 10.5 EXPENSES. The expenses of administering the Plan shall be borne by the Company and its Subsidiaries. 

10.6 TITLES AND HEADINGS. The titles and headings of the Sections in the Plan are for convenience of reference only, and in the event of
any conflict, the text of the Plan, rather than such titles or headings, shall control. 
 10.7 GENDER AND NUMBER. Except where
otherwise indicated by the context, any masculine term used herein also shall include the feminine; the plural shall include the singular and the singular shall include the plural. 

10.8 GOVERNMENT AND OTHER REGULATIONS. 

(a) Notwithstanding any other provision of the Plan, no Participant who acquires Class B Units pursuant to the Plan may,
during any period of time that such Participant is an affiliate of the Company (within the meaning of the rules and regulations of the Securities and Exchange Commission under the 1933 Act), sell such Class B Units, unless such offer and sale
is made (i) pursuant to an effective registration statement under the 1933 Act, which is current and includes the Class B Units to be sold, or (ii) pursuant to an appropriate exemption from the registration requirement of the 1933
Act, such as that set forth in Rule 144 promulgated under the 1933 Act. 
 (b) Notwithstanding any other provision of the
Plan, if at any time the Administrator shall determine that the registration, listing or qualification of the Class B Units covered by an Award upon any Exchange or under any foreign, federal, state or local law or practice, or the consent or
approval of any governmental regulatory body, is necessary or desirable as a condition of, or in connection with, the granting of such Award or the receipt of Class B Units thereunder, no Class B Units may be delivered or received pursuant
to such Award unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any condition not acceptable to the Administrator. Any Participant receiving Class B Units pursuant to an
Award shall make such representations and agreements and furnish such information as the Administrator may request to assure compliance with the foregoing or any other applicable legal requirements. The Company shall not be required to issue or
deliver any certificate or certificates for Class B Units under the Plan prior to the Administrator’s determination that all related requirements have been fulfilled. Except as may be provided in the LLC Agreement, the Company shall in no
event be obligated to register any securities pursuant to the 1933 Act or applicable state or foreign law or to take any other action in order to cause the issuance and delivery of such certificates to comply with any such law, regulation or
requirement. 

  
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 10.9 GOVERNING LAW. To the extent not governed by federal law, the Plan and all Award
Agreements shall be construed in accordance with and governed by the laws of the State of Delaware. 
 10.10 SEVERABILITY. If any
provision of this Plan is found to be invalid or otherwise unenforceable under any applicable law, such invalidity or unenforceability will not be construed as rendering any other provisions contained herein as invalid or unenforceable, and all such
other provisions will be given full force and effect to the same extent as though the invalid or unenforceable provision was not contained herein. 

10.11 NO LIMITATIONS ON RIGHTS OF COMPANY. The grant of any Award shall not in any way affect the right or power of the Company to make
adjustments, reclassification or changes in its capital or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets. If the Administrator so directs, the Company may issue or
transfer Class B Units to a Subsidiary, for such lawful consideration as the Administrator may specify, upon the condition or understanding that the Subsidiary will transfer such Class B Units to a Participant in accordance with the terms
of an Award granted to such Participant and specified by the Administrator pursuant to the provisions of the Plan. 
 **************** 

The foregoing is hereby acknowledged as being the Driven Investor LLC Incentive Equity Plan as adopted by the Board on May __, 2015. 

 

			
	Driven Investor LLC
		
	By:	 	 /s/ Stephen D. Aronson

		 	Name: Stephen D. Aronson
		 	Title: Vice President, General
		 	Counsel and Secretary

  
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