Document:

EX-10.4

 Exhibit 10.4 

RESTRICTED STOCK UNIT GRANT NOTICE 

UNDER THE 
 TASKUS, INC.

 2021 OMNIBUS INCENTIVE PLAN 

TIME-BASED VESTING AWARD 

TaskUs, Inc., a Delaware corporation (the “Company”), pursuant to its 2021 Omnibus Incentive Plan (as it may be amended
and/or restated from time to time, the “Plan”), hereby grants to the Participant the number of Restricted Stock Units set forth below. The Restricted Stock Units are subject to all of the terms and conditions as set forth herein, in
the Restricted Stock Unit Agreement (attached hereto or previously provided to the Participant in connection with a prior grant), and in the Plan, all of which are incorporated herein in their entirety. Capitalized terms not otherwise defined herein
shall have the meaning set forth in the Plan. 
  

			
	Participant:	  	 [Insert Participant Name]

		
	Date of Grant:	  	 [    ]

		
	Vesting Reference Date:	  	 [    ]

		
	Number of	  	
	Restricted Stock Units:	  	 [    ]

		
	Vesting Schedule:	  	Provided the Participant has not undergone a Termination at the time of the applicable vesting date (or event):
		
		  	 •   1/16 of the Restricted Stock Units (rounded down to the nearest
whole share) will vest on the date that is three months following the Vesting Reference Date; and

		
		  	 •   An additional 1/16 of the Restricted Stock Units (rounded down to
the nearest whole share) will vest on each date that is three months thereafter, such that the Restricted Stock Units will be fully vested on the fourth anniversary of the Vesting Reference Date.

		
		  	 Notwithstanding the foregoing, (i) if the Participant undergoes a Termination by the Service Recipient without
Cause, by the Participant for Good Reason, or due to death or Disability, then upon such Termination, the Participant shall fully vest in respect of all of the Restricted Stock Units that have not theretofore vested; provided, that in the
event of such Termination, any Common Shares deliverable in settlement of vested Restricted Share Units shall be delivered on the date such Restricted Share Units would have otherwise vested in accordance with this Grant Notice and (ii) the
Restricted Stock Units shall fully vest if either (A) the Restricted Stock Units would not otherwise be continued, converted, assumed, or replaced by the Company, a member of the Company Group or a successor entity thereto; or (B) if the
Participant

			
		  	undergoes a Termination by the Service Recipient without Cause, by such Participant for Good Reason, or due to death or Disability at any time following a Change in Control in which the Restricted Stock Units are continued,
converted, assumed, or replaced by the Company, a member of the Company Group or a successor entity thereto.
		
		  	For the avoidance of doubt, no Termination shall occur unless the Participant is no longer providing any services (whether as an employee, director, consultant or otherwise) to any member of the Company Group.
		
	 Certain Definitions:
	  	“Good Reason” shall be deemed to exist upon the occurrence of (i) a material reduction in the Participant’s total target cash compensation or (ii) a material diminution in the Participant’s
position, function, responsibility, or reporting level, in each case, without the Participants prior written consent; provided, that none of the foregoing events shall constitute Good Reason unless the Company fails to cure such event within
30 days after receipt from the Participant of written notice of the event which constitutes Good Reason; provided, further, that “Good Reason” shall cease to exist for an event on the 60th day following the later of its occurrence or the
Participant’s knowledge thereof, unless the Participant has given the Company written notice thereof prior to such date.
	
	
*        *        
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	TASKUS, INC.
	
	  

	By:
	Title:

  
 [Signature Page to
Restricted Stock Unit Grant Notice] 

 THE UNDERSIGNED PARTICIPANT ACKNOWLEDGES RECEIPT OF THIS RESTRICTED STOCK UNIT GRANT NOTICE, THE
RESTRICTED STOCK UNIT AGREEMENT AND THE PLAN, AND, AS AN EXPRESS CONDITION TO THE GRANT OF RESTRICTED STOCK UNITS HEREUNDER, AGREES TO BE BOUND BY THE TERMS OF THIS RESTRICTED STOCK UNIT GRANT NOTICE, THE RESTRICTED STOCK UNIT AGREEMENT AND THE
PLAN.  
 PARTICIPANT1 

 

                          
                                         
  
  
  

	1 	 To the extent that the Company has established, either itself or through a third-party plan administrator, the
ability to accept this award electronically, such acceptance shall constitute the Participant’s signature hereto. 

[Signature Page to Restricted Stock Unit Grant Notice] 

  
 4 

 TIME-BASED RESTRICTED STOCK UNIT AGREEMENT 

UNDER THE 
 TASKUS, INC.

 2021 OMNIBUS INCENTIVE PLAN 

Pursuant to the Restricted Stock Unit Grant Notice (the “Grant Notice”) delivered to the Participant (as defined in
the Grant Notice), and subject to the terms of this Restricted Stock Unit Agreement (this “Restricted Stock Unit Agreement”) and the TaskUs, Inc. 2021 Omnibus Incentive Plan, as it may be amended and restated from time to
time (the “Plan”), TaskUs, Inc., a Delaware corporation (the “Company”), and the Participant agree as follows. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in
the Plan. 
 1. Grant of Restricted Stock Units. Subject to the terms and conditions set forth herein and in the Plan, the
Company hereby grants to the Participant the number of Restricted Stock Units provided in the Grant Notice (with each Restricted Stock Unit representing an unfunded, unsecured right to receive one share of Class A Common Stock). The Company may
make one or more additional grants of Restricted Stock Units to the Participant under this Restricted Stock Unit Agreement by providing the Participant with a new grant notice, which may also include any terms and conditions differing from this
Restricted Stock Unit Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Restricted Stock Units hereunder and makes no implied promise to grant additional Restricted Stock Units. 

2. Vesting. Subject to the conditions contained herein and in the Plan, the Restricted Stock Units shall vest as provided in the
Grant Notice. 
 3. Settlement of Restricted Stock Units. Subject to any election by the Committee pursuant to
Section 9(d)(ii) of the Plan, the Company will deliver to the Participant, without charge, as soon as reasonably practicable (and, in any event, within two and one-half months) following the applicable
vesting date, one share of Class A Common Stock for each Restricted Stock Unit (as adjusted under the Plan, as applicable) which becomes vested hereunder and such vested Restricted Stock Unit shall be cancelled upon such delivery. The Company
shall either (a) deliver, or cause to be delivered, to the Participant a certificate or certificates therefor, registered in the Participant’s name or (b) cause such shares of Class A Common Stock to be credited to the
Participant’s account at the third party plan administrator. Notwithstanding anything in this Restricted Stock Unit Agreement to the contrary, the Company shall have no obligation to issue or transfer any shares of Class A Common Stock as
contemplated by this Restricted Stock Unit Agreement unless and until such issuance or transfer complies with all relevant provisions of law and the requirements of any stock exchange on which the Company’s shares of Class A Common Stock
are listed for trading. 
 4. Treatment of Restricted Stock Units upon Termination. The provisions of Section 9(c)(ii) of
the Plan are incorporated herein by reference and made a part hereof, subject to the Vesting Schedule as provided in the Grant Notice (and for the avoidance for doubt, in the event of any conflict of the Grant Notice and Section 9(c)(ii) of the
Plan, the provisions of the Grant Notice will prevail). 
 5. Company; Participant. 

(a) The term “Company” as used in this Restricted Stock Unit Agreement with reference to employment or service shall include the
applicable Service Recipient. 
 (b) Whenever the word “Participant” is used in any provision of this Restricted Stock Unit
Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Restricted Stock Units may be transferred in accordance with Section 13(b) of
the Plan, the word “Participant” shall be deemed to include such person or persons. 

 6. Non-Transferability. The Restricted
Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 13(b) of the Plan. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock Units, or of the rights
represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Restricted Stock Units
shall terminate and become of no further effect. 
 7. Rights as Stockholder. Subject to any payments to be provided to the
Participant in accordance with the Grant Notice and Section 13(c)(iii) of the Plan, the Participant or a Permitted Transferee shall have no rights as a stockholder with respect to any share of Class A Common Stock underlying a Restricted
Stock Unit unless and until the Participant shall have become the holder of record or the beneficial owner of such Class A Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of
Class A Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof. 

8. Tax Withholding. The provisions of Section 13(d) of the Plan are incorporated herein by reference and made a part
hereof. The Participant shall satisfy such Participant’s withholding liability, if any, referred to in Section 13(d) of the Plan by having the Company withhold from the number of shares of Class A Common Stock otherwise deliverable
pursuant to the settlement of the Restricted Stock Units, a number of shares with a Fair Market Value, on the date that the Restricted Stock Units are settled, equal to such withholding liability; provided, that the number of such shares of
Class A Common Stock may not have a Fair Market Value greater than the minimum required statutory withholding liability unless determined by the Committee not to result in adverse accounting consequences. 

9. Notice. Every notice or other communication relating to this Restricted Stock Unit Agreement between the Company and the
Participant shall be in writing, which may include by electronic mail, and shall be mailed to or delivered to the party for whom it is intended at such address as may from time to time be designated by such party in a notice mailed or delivered to
the other party as herein provided; provided, that, unless and until some other address be so designated, all notices or communications by the Participant to the Company shall be mailed or delivered to the Company at its principal executive
office, to the attention of the Company’s VP Legal, Corporate Secretary or its designee, and all notices or communications by the Company to the Participant may be given to the Participant personally or may be mailed to the Participant at the
Participant’s last known address, as reflected in the Company’s records. Notwithstanding the above, all notices and communications between the Participant and any third-party plan administrator shall be mailed, delivered, transmitted or
sent in accordance with the procedures established by such third-party plan administrator and communicated to the Participant from time to time. 

10. No Right to Continued Service. This Restricted Stock Unit Agreement does not confer upon the Participant any right to
continue as an employee or service provider to the Service Recipient or any other member of the Company Group. 
 11. Binding
Effect. This Restricted Stock Unit Agreement shall be binding upon the heirs, executors, administrators and successors of the parties hereto. 

12. Waiver and Amendments. Except as otherwise set forth in Section 12 of the Plan, any waiver, alteration, amendment or
modification of any of the terms of this Restricted Stock Unit 

  
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Agreement shall be valid only if made in writing and signed by the parties hereto; provided, however, that any such waiver, alteration, amendment or modification is consented to on the
Company’s behalf by the Committee. No waiver by either of the parties hereto of their rights hereunder shall be deemed to constitute a waiver with respect to any subsequent occurrences or transactions hereunder unless such waiver specifically
states that it is to be construed as a continuing waiver. 
 13. Clawback/Forfeiture. This Restricted Stock Unit Agreement
shall be subject to reduction, cancellation, forfeiture or recoupment to the extent necessary to comply with (i) any clawback, forfeiture or other similar policy adopted by the Board or the Committee and as in effect from time to time; and
(ii) Applicable Law. In addition, if the Participant receives any amount in excess of what the Participant should have received under the terms of this Restricted Stock Unit Agreement for any reason (including without limitation by reason of a
financial restatement, mistake in calculations or other administrative error), then the Participant shall be required to repay any such excess amount to the Company. 

14. Detrimental Activity. Notwithstanding anything to the contrary contained herein or in the Plan, if the Participant has
engaged in or engages in any Detrimental Activity, as determined by the Committee, then the Committee may, in its sole discretion, take actions permitted under the Plan, including, but not limited to: (i) cancelling any and all Restricted Stock
Unit, or (ii) requiring that the Participant forfeit any gain realized on the settlement of the Restricted Stock Unit or the disposition of any Class A Common Stock received upon settlement of the Restricted Stock Units, and repay such
gain to the Company. 
 15. Right to Offset. The provisions of Section 13(x) of the Plan are incorporated herein by
reference and made a part hereof. 
 15. Governing Law. This Restricted Stock Unit Agreement shall be construed and
interpreted in accordance with the laws of the State of Delaware, without regard to the principles of conflicts of law thereof. Notwithstanding anything contained in this Restricted Stock Unit Agreement, the Grant Notice or the Plan to the contrary,
if any suit or claim is instituted by the Participant or the Company relating to this Restricted Stock Unit Agreement, the Grant Notice or the Plan, the Participant hereby submits to the exclusive jurisdiction of and venue in the courts of Delaware.

 16. Plan. The terms and provisions of the Plan are incorporated herein by reference. In the event of a conflict or
inconsistency between the terms and provisions of the Plan and the provisions of this Restricted Stock Unit Agreement (including the Grant Notice), the Plan shall govern and control. 

17. Section 409A. It is intended that the Restricted Stock Units granted hereunder shall be
exempt from Section 409A of the Code pursuant to the “short-term deferral” rule applicable to such section, as set forth in the regulations or other guidance published by the Internal Revenue Service thereunder and shall be
interpreted as such. 
 18. Imposition of Other Requirements. The Company reserves the right to impose other requirements on
the Participant’s participation in the Plan, on the Restricted Stock Unit and on any shares of Class A Common Stock acquired under the Plan, to the extent that the Company, in its sole discretion, determines it is necessary or advisable
for legal or administrative reasons, and to require the Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 

19. Electronic Delivery and Acceptance. 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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 20. Entire Agreement. This Restricted Stock Unit Agreement (including, without
limitation, all exhibits attached hereto), the Grant Notice and the Plan constitute the entire agreement of the parties hereto in respect of the subject matter contained herein and supersede all prior agreements and understandings of the parties,
oral and written, with respect to such subject matter. 

  
 4EX-10.5

 Exhibit 10.5 

OPTION GRANT NOTICE 

UNDER THE 
 TASKUS, INC.

 2021 OMNIBUS INCENTIVE PLAN 

TaskUs, Inc., a Delaware corporation (the “Company”), pursuant to its 2021 Omnibus Incentive Plan (as it may be amended
and/or restated from time to time, the “Plan”), hereby grants to the Participant the number of Options (each Option representing the right to purchase one share of Class A Common Stock) set forth below, at an Exercise Price per
share as set forth below. The Options are subject to all of the terms and conditions as set forth herein, in the Option Agreement (attached hereto or previously provided to the Participant in connection with a prior grant), and in the Plan, all of
which are incorporated herein in their entirety. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Plan. 
  

			
	Participant:	  	[Insert Participant Name]
		
	Date of Grant:	  	[    ]
		
	Vesting Reference Date:	  	[    ]
		
	Number of Options:	  	[Insert Number of Options Granted]
		
	Exercise Price:	  	$[Insert Exercise Price]
		
	Option Period Expiration Date:	  	10th anniversary of Grant Date
		
	Type of Option:	  	Non-Qualified Stock Option
		
	Vesting Schedule:	  	Provided the Participant has not undergone a Termination at the time of the applicable vesting date (or event):
		
		  	 •   1/16 of the Options (rounded down to the nearest whole share) will vest
on the date that is three months following the Vesting Reference Date; and

		
		  	 •   An additional 1/16 of the Options (rounded down to the nearest whole
share) will vest on each date that is three months thereafter, such that the Options will be fully vested on the fourth anniversary of the Vesting Reference Date.

		
		  	Notwithstanding the foregoing, (i) if the Participant undergoes a Termination by the Service Recipient without Cause by the Participant for Good Reason, or due to death or Disability, then upon such Termination, then the
Participant shall vest in respect of the next immediate four tranches of the Options that are scheduled to vest immediately following such Termination and become exercisable; provided, that any Options which vest as a result of such
Termination may only be exercised during the three-year period following the date on which such Options would have otherwise vested in accordance with this Grant Notice and (ii) the Options shall fully vest and become exercisable if either
(A) the Options would

  
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		  	not otherwise be continued, converted, assumed, or replaced by the Company, a member of the Company Group or a successor entity thereto; or (B) if the Participant undergoes a Termination by the Service Recipient without Cause,
by such Participant for Good Reason, or due to death or Disability at any time following a Change in Control in which the Options are continued, converted, assumed, or replaced by the Company, a member of the Company Group or a successor entity
thereto.
		
	Certain Definitions:	  	“Good Reason” shall be deemed to exist upon the occurrence of (i) a material reduction in the Participant’s total target cash compensation or (ii) a material diminution in the Participant’s
position, function, responsibility, or reporting level, in each case, without the Participants prior written consent; provided, that none of the foregoing events shall constitute Good Reason unless the Company fails to cure such event within
30 days after receipt from the Participant of written notice of the event which constitutes Good Reason; provided, further, that “Good Reason” shall cease to exist for an event on the 60th day following the later of its occurrence or the
Participant’s knowledge thereof, unless the Participant has given the Company written notice thereof prior to such date.
		
		  	“Termination” shall mean a termination of Participant’s employment with the Service Recipient for any reason (including death or Disability), without regard to whether Participant continues to provide services
to the Service Recipient in a non-employee capacity.

 *         *         * 

  
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 TASKUS, INC. 
  

                          
                                         
  
 By: 
 Title: 

  
 [Signature Page to
Option Grant Notice] 

 THE UNDERSIGNED PARTICIPANT ACKNOWLEDGES RECEIPT OF THIS OPTION GRANT NOTICE, THE OPTION AGREEMENT AND
THE PLAN, AND, AS AN EXPRESS CONDITION TO THE GRANT OF OPTIONS HEREUNDER, AGREES TO BE BOUND BY THE TERMS OF THIS OPTION GRANT NOTICE, THE OPTION AGREEMENT AND THE PLAN. 

PARTICIPANT1 
  

                          
                                         
              
  

 

	1 	 To the extent that the Company has established, either itself or through a third-party plan administrator, the
ability to accept this award electronically, such acceptance shall constitute the Participant’s signature hereto. 

  
 [Signature Page to
Option Grant Notice] 

 OPTION AGREEMENT 

UNDER THE 
 TASKUS, INC.

 2021 OMNIBUS INCENTIVE PLAN 

Pursuant to the Option Grant Notice (the “Grant Notice”) delivered to the Participant (as defined in the Grant Notice), and
subject to the terms of this Option Agreement (this “Option Agreement”) and the TaskUs, Inc. 2021 Omnibus Incentive Plan, as it may be amended and restated from time to time (the “Plan”), TaskUs, Inc., a Delaware
corporation (the “Company”), and the Participant agree as follows. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Plan. 

1. Grant of Option. Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the
Participant the number of Options provided in the Grant Notice (with each Option representing the right to purchase one share of Class A Common Stock), at an Exercise Price per share as provided in the Grant Notice. The Company may make one or
more additional grants of Options to the Participant under this Option Agreement by providing the Participant with a new grant notice, which may also include any terms and conditions differing from this Option Agreement to the extent provided
therein. The Company reserves all rights with respect to the granting of additional Options hereunder and makes no implied promise to grant additional Options. 

2. Vesting. Subject to the conditions contained herein and in the Plan, the Options shall vest as provided in the Grant Notice.

 3. Exercise of Options Following Termination. The provisions of Section 7(c)(ii) of the Plan are incorporated herein
by reference and made a part hereof, subject to the Vesting Schedule as provided in the Grant Notice (and for the avoidance for doubt, in the event of any conflict of the Grant Notice and Section 7(c)(ii) of the Plan, the provisions of the
Grant Notice will prevail). 
 4. Method of Exercising Options. The Options may be exercised by the delivery of notice of the
number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) in writing to the Company at its principal office or at such other
address as may be established by the Committee, to the attention of the Company’s VP Legal, Corporate Secretary or its designee; or (b) to a third-party plan administrator as may be arranged for by the Company or the Committee from time to
time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) or (b), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any
of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the methods described in Section 7(d)(ii)(A) of the Plan. 

5. Issuance of Class A Common Stock. Following the exercise of an Option hereunder, as promptly
as practical after receipt of such notification and full payment of such Exercise Price and any required income or other tax withholding amount (as provided in Section 9 hereof), the Company shall issue or transfer, or
cause such issue or transfer, to the Participant the number of shares of Class A Common Stock with respect to which the Options have been so exercised, and shall either (a) deliver, or cause to be delivered, to the Participant, a
certificate or certificates therefor, registered in the Participant’s name or (b) cause such shares of Class A Common Stock to be credited to the Participant’s account at the third-party
plan administrator. 

 6. Company; Participant. 

(a)    The term “Company” as used in this Option Agreement with reference to employment or service shall include
the applicable Service Recipient. 
 (b)    Whenever the word “Participant” is used in any provision of this
Option Agreement under circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred in accordance with Section 13(b) of the Plan,
the word “Participant” shall be deemed to include such person or persons. 
 7.
Non-Transferability. The Options are not transferable by the Participant except to Permitted Transferees in accordance with Section 13(b) of the Plan. Except as otherwise provided herein, no
assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon
such assignment or transfer the Options shall terminate and become of no further effect. 
 8. Rights as Stockholder. The
Participant or a Permitted Transferee of the Options shall have no rights as a stockholder with respect to any share of Class A Common Stock covered by an Option unless and until the Participant shall have become the holder of record or the
beneficial owner of such share of Class A Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Class A Common Stock for which the record date is prior to the date upon
which the Participant shall become the holder of record or the beneficial owner thereof. 
 9. Tax Withholding. The provisions
of Section 13(d) of the Plan are incorporated herein by reference and made a part hereof. The Participant shall satisfy such Participant’s withholding liability, if any, referred to in Section 13(d) of the Plan by having the Company
withhold from the number of shares of Class A Common Stock otherwise issuable or deliverable pursuant to the exercise or settlement of the Award a number of shares of Class A Common Stock with a Fair Market Value, on the date that the
shares of Class A Common Stock are issued or delivered, equal to such withholding liability; provided, that the number of such shares of Class A Common Stock may not have a Fair Market Value greater than the minimum required
statutory withholding liability unless determined by the Committee not to result in adverse accounting consequences. 
 10.
Notice. Every notice or other communication relating to this Option Agreement between the Company and the Participant shall be in writing, which may include by electronic mail, and shall be mailed to or delivered to the party for whom
it is intended at such address as may from time to time be designated by such party in a notice mailed or delivered to the other party as herein provided; provided, that, unless and until some other address be so designated, all notices or
communications by the Participant to the Company shall be mailed or delivered to the Company at its principal executive office, to the attention of the Company’s VP Legal, Corporate Secretary or its designee, and all notices or communications
by the Company to the Participant may be given to the Participant personally or may be mailed to the Participant at the Participant’s last known address, as reflected in the Company’s records. Notwithstanding the above, all notices and
communications between the Participant and any third-party plan administrator shall be mailed, delivered, transmitted or sent in accordance with the procedures established by such third-party plan administrator and communicated to the Participant
from time to time. 
 11. No Right to Continued Service. This Option Agreement does not confer upon the Participant any right
to continue as an employee or service provider to the Service Recipient or any other member of the Company Group. 

  
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 12. Binding Effect. This Option Agreement shall be binding upon the heirs,
executors, administrators and successors of the parties hereto. 
 13. Waiver and Amendments. Except as otherwise set forth in
Section 12 of the Plan, any waiver, alteration, amendment or modification of any of the terms of this Option Agreement shall be valid only if made in writing and signed by the parties hereto; provided, however, that any such
waiver, alteration, amendment or modification is consented to on the Company’s behalf by the Committee. No waiver by either of the parties hereto of their rights hereunder shall be deemed to constitute a waiver with respect to any subsequent
occurrences or transactions hereunder unless such waiver specifically states that it is to be construed as a continuing waiver. 
 14.
Clawback/Repayment. This Option Agreement shall be subject to reduction, cancellation, forfeiture or recoupment to the extent necessary to comply with (i) any clawback, forfeiture or other similar policy adopted by the Board or
the Committee and as in effect from time to time; and (ii) Applicable Law. In addition, if the Participant receives any amount in excess of what the Participant should have received under the terms of this Option Agreement for any reason
(including, without limitation, by reason of a financial restatement, mistake in calculations or other administrative error), then the Participant shall be required to repay any such excess amount to the Company. 

15. Detrimental Activity. Notwithstanding anything to the contrary contained herein or in the Plan, if the Participant has
engaged in or engages in any Detrimental Activity, as determined by the Committee, then the Committee may, in its sole discretion, take actions permitted under the Plan, including, but not limited to: (i) cancelling any and all Option, or
(ii) requiring that the Participant forfeit any gain realized on the exercise of the Options or the disposition of any Class A Common Stock received upon exercise of the Options, and repay such gain to the Company. 

16. Right to Offset. The provisions of Section 13(x) of the Plan are incorporated herein by reference and made a part
hereof. 
 17. Governing Law. This Option Agreement shall be construed and interpreted in accordance with the laws of the
State of Delaware, without regard to the principles of conflicts of law thereof. Notwithstanding anything contained in this Option Agreement, the Grant Notice or the Plan to the contrary, if any suit or claim is instituted by the Participant or the
Company relating to this Option Agreement, the Grant Notice or the Plan, the Participant hereby submits to the exclusive jurisdiction of and venue in the courts of Delaware. 

18. Plan. The terms and provisions of the Plan are incorporated herein by reference. In the event of a conflict or inconsistency
between the terms and provisions of the Plan and the provisions of this Option Agreement (including the Grant Notice), the Plan shall govern and control. 

19. Imposition of Other Requirements. The Company reserves the right to impose other requirements on the Participant’s
participation in the Plan, on the Option and on any Class A Common Stock acquired under the Plan, to the extent that the Company, in its sole discretion, determines it is necessary or advisable for legal or administrative reasons, and to
require the Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
 20.
Electronic Delivery and Acceptance. 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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 21. Entire Agreement. This Option Agreement (including, without limitation,
all exhibits attached hereto), the Grant Notice and the Plan constitute the entire agreement of the parties hereto in respect of the subject matter contained herein and supersede all prior agreements and understandings of the parties, oral and
written, with respect to such subject matter. 

  
 4

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