Document:

Form of Deferred Stock Unit Award

 Exhibit 10.6 
 COMVERSE, INC. 
 2012 STOCK
INCENTIVE COMPENSATION PLAN 
 DEFERRED STOCK
AWARD AGREEMENT 
 THIS DEFERRED STOCK UNIT AWARD AGREEMENT (this “Award
Agreement”) is made effective from and after the date of grant as specified in the Electronic Grant Acceptance Web Page (the “Date of Grant”) by and between Comverse, Inc., a Delaware corporation (with any successor, the
“Company”), and the person to whom the Electronic Grant Acceptance Web Page (the “Notice of Grant”) is addressed (the “Participant”). 
 SECTION 1. GRANT OF DEFERRED STOCK UNITS. 
 (a) Award. On the terms and
conditions set forth in this Agreement, the Company granted to the Participant a total number Deferred Stock Units as set forth on the Notice of Grant (the “Granted Units”) on the date set forth on the Notice of Grant (the “Grant
Date”). 
 (b) Shareholder Rights. The Participant (or any successor in interest) shall not have any of the rights of a shareholder
(including, without limitation, voting, dividend and liquidation rights) with respect to the Granted Units until such time as the Company delivers to the Participant the shares of Common Stock in settlement of the Granted Units, as described in
Section 4. 
 (c) Plan and Defined Terms. This award is granted under and subject to the terms of the Comverse, Inc. 2012 Stock
Incentive Compensation Plan (the “Plan”), which is incorporated herein by reference. Capitalized terms used herein and not defined in the Agreement shall have the meaning set forth in the Plan. 

(d) Participant Undertaking. The Participant agrees to execute such further instruments and to take such action as may reasonably be necessary to
carry out the intent of this Agreement. 
 SECTION 2. NO TRANSFER OR ASSIGNMENT OF AWARD. 

This Award and the rights and privileges conferred hereby shall not be sold, pledged or otherwise transferred (whether by operation of law
or otherwise) and shall not be subject to sale under execution, attachment, levy or similar process; provided, however, that the Participant shall be permitted to transfer this award, in connection with his or her estate plan, to the
Participant’s spouse, siblings, parents, children and grandchildren or a charitable organization that is exempt under Section 501(c)(3) of the Code or to trusts for the benefit of such persons or partnerships, corporations, limited
liability companies or other entities owned solely by such persons, including trusts for such persons or to the Participant’s former spouse in accordance with a domestic relations order. 
 SECTION 3. VESTING; TERMINATION OF SERVICE. 
 (a) Vesting. This award shall vest
in accordance with the schedule set forth on the Notice of Grant (each, a “Vesting Date”). 

 (b) Termination of Continuous Service. The unvested portion of the award shall be forfeited as of the
date (the “Termination Date”) that the Participant actually ceases to provide services to the Company or an Affiliate in any capacity of Employee, Director or Consultant (irrespective of whether the Participant continues to receive
severance or any other continuation payments or benefits after such date) for any reason (such cessation of the provision of services by Participant being referred to as “Service Termination”). A Service Termination shall not occur and
Continuous Service shall not be considered interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Subsidiary or Affiliate, or any successor, in any capacity of Employee, Director or Consultant,
or (iii) any change in status as long as the individual remains in the service of the Company or a Subsidiary or Affiliate in any capacity of Employee, Director or Consultant. 
 SECTION 4. SETTLEMENT OF GRANTED UNITS. 
 Settlement Amount. Subject to
Section 5, the Company shall deliver to the Participant on each Vesting Date a number of shares of Common Stock equal to the aggregate number of Granted Units that vest as of such date; provided, however, that no shares of Common Stock will be
issued in settlement of this award unless the issuance of shares complies with all relevant provisions of law and the requirements of any stock exchange upon which the shares of Common Stock may then be listed. No fractional shares of Common Stock
will be issued. The Company will pay cash in respect of fractional shares of Common Stock. 
 SECTION 5. WITHHOLDING REQUIREMENTS.
The Participant shall make arrangements satisfactory to the Company to enable it to satisfy all such withholding requirements in respect of any delivery to the Participant of shares of Common Stock pursuant to Section 4 hereof. 

SECTION 6. ADJUSTMENT OF GRANTED UNITS. 
 If there shall be any change in the Common Stock of the Company, through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, reverse stock split, split up, spinoff,
combination of shares, exchange of shares, dividend in kind or other like change in capital structure or distribution (other than normal cash dividends), any extraordinary dividend, distribution of cash or other assets to Shareholders of the
Company, in order to prevent dilution or enlargement of participants’ rights under the Plan, the Committee shall adjust, in an equitable manner, the number and kind of shares that will be paid to the Participant upon settlement of the Granted
Units. 
 SECTION 7. MISCELLANEOUS PROVISIONS. 
 (a) No Retention Rights, No Future Awards. Nothing in this award or in the Plan shall confer upon the Participant any right to any future Awards and to continue in Continuous Service for any period
of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to
terminate his or her Continuous Service at any time and for any reason, with or without cause. 
 (b) Award Unfunded. The Granted Units
represent an unfunded promise. The Participant’s rights with respect to the Granted Units are no greater than the rights of a general unsecured creditor of the Company. 

  
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 (c) Notice. Whenever under this Agreement it becomes necessary to give notice, such notice shall be
in writing, signed by the party or parties giving or making the same, and shall be served on the person or persons for whom it is intended or who should be advised or notified, by Federal Express (or other similar overnight service) or by registered
or certified mail, with postage and fees prepaid. Notice shall be addressed to the Company at its principal executive office and to the Participant the address that he or she most recently provided in writing to the Company. 

(d) Entire Agreement. This Agreement, the Notice of Grant and the Plan constitute the entire contract between the parties hereto with regard to
the Granted Units. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof. 
 (e) Waiver. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature. 

(f) Successors and Assigns. The provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors
and assigns and upon the Participant, the Participant’s assigns and the legal representatives, heirs and legatees of the Participant’s estate, whether or not any such person shall have become a party to this Agreement and have agreed in
writing to be joined herein and be bound by the terms hereof. 
 (g) Section 409A. The following shall only be applicable if the
Participant is subject to taxation in the United States or the Participant is otherwise subject to Section 409A: 
 (i) If
any Granted Units (any payment in lieu thereof), shares of Common Stock in respect thereof or other benefit provided by the Company to the Participant pursuant to this Agreement and in connection with the Participant’s Service Termination is
determined, in whole or in part, to constitute “nonqualified deferred compensation” within the meaning of Section 409A and the Participant is a specified employee as defined in Section 409A(2)(B)(i) as of the date of such Service
Termination, no part of such Granted Units (any payment in lieu thereof), shares of Common Stock in respect thereof or other benefit shall be delivered or paid before the day that is six (6) months plus one (1) day after the date of such
Service Termination (the “New Payment Date”). The aggregate of any Granted Units (any payment in lieu thereof), shares of Common Stock in respect thereof or other benefit that otherwise would have been delivered or paid to the Participant
during the period between the date of Service Termination and the New Payment Date shall be delivered or paid to the Participant in a lump sum on such New Payment Date. Thereafter, any delivery or payments that remain outstanding as of the date
immediately following the New Payment Date shall be delivered or paid without delay over the time period originally scheduled, in accordance with the terms of this Agreement. 
 (ii) A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the delivery of shares of Common Stock under vested Granted Units (or
the payment of any amount in lieu thereof) subject to Section 409A upon or following a termination of employment unless such termination is also a “separation from service” within the meaning of Section 409A and the regulations
promulgated thereunder, and for purposes of any such provision of this Agreement, references to a “Service Termination” or termination or interruption of “Continuous Service” or like terms shall mean separation from service.

 (iii) If under this Agreement, an amount is paid or delivered in two or more installments, for purposes of Section 409A,
each installment shall be treated as a separate payment. 

  
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 (iv) Anything to the contrary herein or in the Plan notwithstanding, neither the Company or
any of its Subsidiaries or Affiliates or any of their respective employees, directors, officers, agents or representatives nor any member of the Committee shall have any liability to a Participant or otherwise with respect to the failure of the
Plan, the Granted Units or the Award Agreement to comply with Section 409A. 
 (h) Headings. Section and sub-section headings are
for convenient reference only and shall not control or affect the meaning or construction of any of its provisions. 
 (i) Choice of Law.
This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware (regardless of the law that might otherwise govern under applicable Delaware principles of conflict of laws). 

SECTION 8. RESTRICTIVE COVENANTS. 

(a) Confidentiality. The Participant shall not disclose to anyone or make use of any trade secret or proprietary or confidential information of
the Company or an Affiliate, including such trade secret or proprietary or confidential information of any customer or other entity to which the Company owes an obligation not to disclose such information, which he or she acquires during the period
of employment, including, without limitation, records kept in the ordinary course of business, except (i) as such disclosure or use may be required or appropriate in connection with his or her work as an employee of the Company or an Affiliate,
(ii) when required to do so by a court of law, governmental agency or administrative or legislative body (including a committee thereof) with apparent jurisdiction to order him or her to divulge, disclose or make accessible such information or
(iii) as to such confidential information that becomes generally known to the public or trade without his or her violation of this Section 7(a). The Participant hereby sells, assigns and transfers to the Company all of his or her right,
title and interest in and to all inventions, discoveries, improvements and copyrightable subject matter (the “Rights”) that, during his or her employment, are made or conceived by him or her, alone or with others, and that relate to the
Company or an Affiliate’s present business or arise out of any work he or she performs or information he or she receives regarding the business of the Company or an Affiliate while employed by the Company or an Affiliate. The Participant shall
fully disclose to the Company or an Affiliate as promptly as possible all information known or possessed by him or her concerning the Rights, and upon request by the Company or an Affiliate and without any further compensation in any form to him or
her by the Company or an Affiliate, but at the expense of the Company or an Affiliate, execute all applications for patents and copyright registrations, assignments thereof and other applicable instruments and do all things that the Company or an
Affiliate may reasonably deem necessary to vest and maintain in it the entire right, title and interest in and to all such Rights. Participant hereby agrees that prior to or immediately following his or her termination of employment he or she shall
return all Company property in his or her possession (and signing a written acknowledgement to this effect), including but not limited to all computer software, computer access codes, laptops, cell phone, Blackberries, keys and access cards, credit
cards, vehicles, telephones, office equipment and all copies (including drafts) of any documentation or information (however and wherever stored) relating to the business of the Company or an Affiliate. 

(b) Non-compete; Non-solicitation. For and in consideration of the compensation to be paid by the Company pursuant to the terms hereof, and in
recognition of the fact that the Participant will have access to confidential information and other valuable rights of the Company or an Affiliate, the Participant covenants and agrees that he will not, at any time during his

  
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employment with the Company or an Affiliate and for a period of twelve (12) months thereafter, directly or indirectly, engage in any business or in any activity related to the development,
sale, production, manufacturing, marketing or distribution of products or services that are in competition with products or services that the Company, its parent company or any of their subsidiaries (in the case of other subsidiaries of the parent
company, to the extent Participant has had access to Confidential Information of such subsidiaries) produces, sells, manufactures, markets, distributes or has interest in, in any state or foreign country in which the Company, its parent company or
any of their subsidiaries (in the case of other subsidiaries of the parent company, to the extent Participant has had access to Confidential Information of such subsidiaries) then conducts business or reasonably has plans to conduct business. It is
not the intent of this covenant to bar the Participant from employment in any company whose general business is the manufacture of communications equipment or delivery of communications services, only to limit specific and direct competition with
the Company. Notwithstanding the foregoing, nothing contained in this Agreement shall prevent the Participant from being an investor in securities of a competitor listed on a national securities exchange or actively traded over-the-counter so long
as such investments are in amounts not significant as compared to his total investments or to the aggregate of the outstanding securities of the issuer of the same class or issue of the specific securities involved. The Participant further agrees
that during his employment by the Company or an Affiliate and for a period of twelve (12) months thereafter, the Participant shall not, directly or indirectly, induce, attempt to induce, or aid others in inducing, an exempt employee of the
Company or an Affiliate to accept employment or affiliation with another firm or corporation engaging in such business or activity of which the Participant is an employee, owner, partner or consultant. 

(c) Scope. The Company and the Participant agree that the duration and geographic scope of the Restrictive Covenant provision set forth in this
Section 7 are reasonable. In the event that any court of competent jurisdiction determines that the duration or the geographic scope, or both, are unreasonable and that such provision is to that extent unenforceable, the Company and the
Participant agree that the provision shall remain in full force and effect for the greatest time period and in the greatest area that would not render it unenforceable. The Company and the Participant intend that this provision shall be deemed to be
a series of separate covenants, one for each and every county of each and every state of the United States of America and each and every political subdivision of each and every country outside the United States of America where this provision is
intended to be effective. 
 SECTION 9. CLAW BACK. 
 If a Participant violates the requirements of Section 7 of this Agreement, then in addition to all remedies in law and/or equity available to the Company, Participant shall forfeit all unvested
Granted Units and vested Granted Units for which delivery of the underlying shares of Common Stock has not occurred. In addition, with respect to Granted Units for which shares of Common Stock were previously issued to the Participant pursuant to
Section 4 hereof, the Participant shall immediately pay to the Company the Fair Market Value of such Common Stock on the date(s) such Granted Units vested, without regard to any taxes that may have been deducted from such amount. 

  
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 SECTION 10. DEFINITIONS. 
 (a) “Affiliate” shall mean (i) any entity other than the Subsidiaries in which the Company has a substantial direct or indirect equity interest, as determined by the Board, and
(ii) any Subsidiary. 
  

	(b)	“Agreement” shall mean this Deferred Stock Award Agreement. 

 (c) “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated thereunder. 

 

	(d)	“Grant Date” shall have the meaning described in Section 1(a) of this Agreement. 

 

	(e)	“Granted Units” shall have the meaning described in Section 1(a) of this Agreement. 

 

	(f)	“Participant” shall have the meaning described in Section 1(a) of this Agreement. 

 

	(g)	“Plan” shall have the meaning described in Section 1(c) of this Agreement. 

 (h) “Section 409A” shall mean Section 409A of the Code and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such
regulations or other guidance that may be issued after the date hereof. 
  

	(i)	“Service Termination” shall have the meaning described in Section 3(b) of this Agreement. 

 

	(j)	“Termination Date” shall have the meaning described in Section 3(b) of this Agreement. 

 

	(k)	“Vesting Date” shall have the meaning described in Section 3(a) of this Agreement. 

SECTION 11. ACKNOWLEDGEMENT. 
 This Award has been granted in replacement of the Deferred Stock Unit Award previously granted to the Participant under the Comverse Technology, Inc. 2011 Stock Incentive Compensation Plan or a
predecessor plan (each, a “CTI Plan”), pursuant to a Deferred Stock Unit Award Agreement under a CTI Plan (the “Prior Award”). This Award is granted in replacement of the Prior Award based upon the action of the Committee
of CTI as authorized under the CTI Plan to make adjustments to outstanding awards in connection with a spin-off transaction involving the Company. In accepting this Award, the Participant understands and acknowledges that the Participant’s
rights under this Award are in full satisfaction of the Participant’s rights to the outstanding portion of the Prior Award, which is hereby cancelled and superseded. 
 *************************************** 

  
 6Form of Restricted Stock Unit Award

 Exhibit 10.7 
 Comverse, Inc. 
 2012 Stock Incentive Compensation Plan 

RESTRICTED STOCK UNIT AWARD AGREEMENT 
 THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) is made effective from and after the date of grant as specified in the Electronic Grant Acceptance Web Page (the
“Date of Grant”) by and between Comverse, Inc., a Delaware corporation (with any successor, the “Company”), and the person to whom the Electronic Grant Acceptance Web Page (the “Notice of Grant”) is
addressed (the “Participant”). 
 R E C I T A L S: 

WHEREAS, the Company has adopted the Comverse, Inc. 2012 Stock Incentive Compensation Plan as amended from time to time (the
“Plan”), and the country specific Addendum (if applicable), each of which is incorporated herein by reference and made a part of this Award Agreement. Capitalized terms not otherwise defined herein shall have the same meanings as in
the Plan; and 
 WHEREAS, the Committee has determined that it would be in the best interests of the Company and its
stockholders to grant the restricted stock units provided for herein to the Participant pursuant to the Plan and the terms set forth herein. 
 NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties agree as follows: 
 1. Restricted Stock Unit Award. Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Restricted Stock Units (the
“RSUs”) indicated in the Notice of Grant. Each RSU represents one notional Share. 
 2. Settlement of
RSUs. On each Vesting Date (as defined below) or as soon as practicable, but no later than sixty (60) days, thereafter, the Company shall deliver to the Participant one or more certificates (or provide for book-entry) representing the
number of Shares equal to the number of RSUs which vested on such Vesting Date. The Company shall not be liable to the Participant for damages relating to any delays in issuing certificates, any loss of certificates, or any mistakes or errors in
issuance of the certificates or in the certificates themselves (or book entries, respectively, as the case may be). Prior to settlement, Participant shall make arrangements with the Committee for the satisfaction of any federal, state, local or
foreign withholding obligations that may arise in connection with such settlement in accordance with the terms of the Plan and this Award Agreement in accordance with Section 13 below. 

3. Vesting of RSUs. 
 (a) Subject to the Participant’s Continuous Service through the applicable Vesting Date, the RSUs shall vest pursuant to the following set forth on the Notice of Grant (each, a “Vesting
Date”): 
 4. Termination of Service. 
 If the Participant’s Continuous Service is terminated for any reason, the RSUs, to the extent not then vested, shall be forfeited by the Participant without any consideration. 

5. No Right to Continued Service. The granting of the RSUs evidenced hereby and this Award Agreement shall impose no obligation on
the Company, any Subsidiary or any Affiliate to continue the Continuous Service of the Participant and shall not lessen or affect any right that the Company, any Subsidiary or any Affiliate may have to terminate the Continuous Service of such
Participant. 
 6. Rights as a Stockholder. The Participant shall have none of the rights of a shareholder of the Company
(including, without limitation dividend rights) unless and until the RSUs are settled for Shares. 

 7. Data Protection. The Participant consents to the collection, processing,
transmission and storage by the Company in any form whatsoever, of any data of a professional or personal nature which is necessary for the purposes of introducing and administering the Plan. The Company may share such information with any
Subsidiary or Affiliate, the trustee of any employee benefit trust, its registrars, trustees, brokers, other third party administrator or any Person who obtains control of the Company or acquires the Company, undertaking or part-undertaking which
employs the Participant, wherever situated. 
 8. Securities Laws/Legend on Certificates. The issuance and delivery of
Shares shall comply with all applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any
stock exchange or other securities market on which the Company’s securities may then be traded. If the Company deems it necessary to ensure that the issuance of securities under the Plan is not required to be registered under any applicable
securities laws, each Participant to whom such security would be issued shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company may deem necessary which satisfies such
requirements. The certificates representing the Shares shall be subject to such stop transfer orders and other restrictions as the Committee may deem reasonably advisable, and the Committee may cause a legend or legends to be put on any such
certificates to make appropriate reference to such restrictions. 
 9. Transferability. The RSUs may not be assigned,
alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or
encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. No transfer
shall be permitted for value or consideration. No such permitted transfer of the RSUs to heirs or legatees of the Participant shall be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a
copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof. 

10. Restrictive Covenants.1 
 (a) Confidentiality. The Participant shall not disclose to anyone or make use of any trade secret or proprietary or confidential information of the Company or an Affiliate, including such trade
secret or proprietary or confidential information of any customer or other entity to which the Company owes an obligation not to disclose such information, which he or she acquires during the period of employment, including, without limitation,
records kept in the ordinary course of business, except (i) as such disclosure or use may be required or appropriate in connection with his or her work as an employee of the Company or an Affiliate, (ii) when required to do so by a court
of law, governmental agency or administrative or legislative body (including a committee thereof) with apparent jurisdiction to order him or her to divulge, disclose or make accessible such information or (iii) as to such confidential
information that becomes generally known to the public or trade without his or her violation of this Section 10(a). The Participant hereby sells, assigns and transfers to the Company all of his or her right, title and interest in and to all
inventions, discoveries, improvements and copyrightable subject matter (the “Rights”) that, during his or her employment, are made or conceived by him or her, alone or with others, and that relate to the Company or an Affiliate’s
present business or arise out of any work he or she performs or information he or she receives regarding the business of the Company or an Affiliate while employed by the Company or an Affiliate. The Participant shall fully disclose to the Company
or an Affiliate as promptly as possible all information known or possessed by him or her concerning the Rights, and upon request by the Company or an Affiliate and without any further compensation in any form to him or her by the Company or an
Affiliate, but at the expense of the Company or an Affiliate, execute all applications for patents and copyright registrations, assignments thereof and other applicable instruments and do all things that the Company or an Affiliate may reasonably
deem necessary to vest and maintain in it the entire right, title and interest in and to all such Rights. The Participant hereby agrees that prior to or immediately following his 

 
  

	1 	 This language only to be included for a Participant who had this language in their prior award. 

 
or her termination of employment he or she shall return all Company property in his or her possession (and signing a written acknowledgement to this effect), including but not limited to all
computer software, computer access codes, laptops, cell phone, Blackberries, keys and access cards, credit cards, vehicles, telephones, office equipment and all copies (including drafts) of any documentation or information (however and wherever
stored) relating to the business of the Company or an Affiliate. 
 (b) Non-compete; Non-solicitation. For and in
consideration of the compensation to be paid by the Company pursuant to the terms hereof, and in recognition of the fact that the Participant will have access to confidential information and other valuable rights of the Company or an Affiliate, the
Participant covenants and agrees that he will not, at any time during his employment with the Company or an Affiliate and for a period of twelve (12) months thereafter, directly or indirectly, engage in any business or in any activity related
to the development, sale, production, manufacturing, marketing or distribution of products or services that are in competition with products or services that the Company, its parent company or any of their subsidiaries (in the case of other
subsidiaries of the parent company, to the extent Grantee has had access to Confidential Information of such subsidiaries) produces, sells, manufactures, markets, distributes or has interest in, in any state or foreign country in which the Company,
its parent company or any of their subsidiaries (in the case of other subsidiaries of the parent company, to the extent the Participant has had access to Confidential Information of such subsidiaries) then conducts business or reasonably has plans
to conduct business. It is not the intent of this covenant to bar the Participant from employment in any company whose general business is the manufacture of communications equipment or delivery of communications services, only to limit specific and
direct competition with the Company. Notwithstanding the foregoing, nothing contained in this Award Agreement shall prevent the Participant from being an investor in securities of a competitor listed on a national securities exchange or actively
traded over-the-counter so long as such investments are in amounts not significant as compared to his total investments or to the aggregate of the outstanding securities of the issuer of the same class or issue of the specific securities involved.
The Participant further agrees that during his employment by the Company or an Affiliate and for a period of twelve (12) months thereafter, the Participant shall not, directly or indirectly, induce, attempt to induce, or aid others in inducing,
an exempt employee of the Company or an Affiliate to accept employment or affiliation with another firm or corporation engaging in such business or activity of which the Participant is an employee, owner, partner or consultant. 

(c) Scope. The Company and the Participant agree that the duration and geographic scope of the Restrictive Covenant provision set
forth in this Section 10 are reasonable. In the event that any court of competent jurisdiction determines that the duration or the geographic scope, or both, are unreasonable and that such provision is to that extent unenforceable, the Company
and the Participant agree that the provision shall remain in full force and effect for the greatest time period and in the greatest area that would not render it unenforceable. The Company and the Participant intend that this provision shall be
deemed to be a series of separate covenants, one for each and every county of each and every state of the United States of America and each and every political subdivision of each and every country outside the United States of America where this
provision is intended to be effective. 
 (d) Clawback. If the Participant violates the requirements of Section 10
of this Award Agreement, then in addition to all remedies in law and/or equity available to the Company, Participant shall forfeit all unvested RSUs and vested RSUs for which delivery of the underlying Shares has not occurred. In addition, with
respect to RSUs for which Shares were previously issued to the Participant pursuant to Section 2 hereof, the Participant shall immediately pay to the Company the Fair Market Value of such Shares on the date(s) such RSUs vested, without regard
to any taxes that may have been deducted from such amount. 
 11. Adjustment of RSUs. Adjustments to the RSUs shall be
made in accordance with the terms of the Plan. 
 12. Withholding. The Participant may be required to pay to the Company
or any Affiliate and the Company shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the RSUs, their grant, vesting, delivery or otherwise and to take such other action as may be necessary in the
opinion of the Committee to satisfy all obligations for the payment of such withholding taxes. 

 13. Notices. Any notification required by the terms of this Award Agreement shall be
given in writing and shall be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the
Company, Attention: Secretary, at its principal executive office and to the Participant at the address that he or she most recently provided to the Company. 
 14. Entire Agreement. The Award Agreement, the Notice of Grant, the Country Specific Addendum (if applicable), and the Plan, constitute the entire contract between the parties hereto with regard to
the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof. 

15. Waiver. No waiver of any breach or condition of this Award Agreement shall be deemed to be a waiver of any other or subsequent
breach or condition whether of like or different nature. 
 16. Participant Undertaking. The Participant agrees to take
whatever additional action and execute whatever additional documents the Company may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions imposed on either the Participant or the RSUs pursuant to this
Agreement. 
 17. Successors and Assigns. The provisions of this Award Agreement shall inure to the benefit of, and be
binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives, heirs and legatees of the Participant’s estate, whether or not any such person shall have become a
party to this Award Agreement and agreed in writing to be joined herein and be bound by the terms hereof. 
 18. Choice of
Law; Jurisdiction; Waiver of Jury Trial. THIS AWARD AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF DELAWARE WITHOUT REGARD TO CONFLICTS OF LAWS.  

SUBJECT TO THE TERMS OF THIS AWARD AGREEMENT, THE PARTIES AGREE THAT ANY AND ALL ACTIONS ARISING UNDER OR IN RESPECT OF THIS AWARD
AGREEMENT SHALL BE LITIGATED IN THE FEDERAL OR STATE COURTS IN DELAWARE. BY EXECUTING AND DELIVERING THIS AWARD AGREEMENT, EACH PARTY IRREVOCABLY SUBMITS TO THE PERSONAL JURISDICTION OF SUCH COURTS FOR ITSELF, HIMSELF OR HERSELF AND IN RESPECT OF
ITS, HIS OR HER PROPERTY WITH RESPECT TO SUCH ACTION. EACH PARTY AGREES THAT VENUE WOULD BE PROPER IN ANY OF SUCH COURTS, AND HEREBY WAIVES ANY OBJECTION THAT ANY SUCH COURT IS AN IMPROPER OR INCONVENIENT FORUM FOR THE RESOLUTION OF ANY SUCH ACTION.

 EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR
COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AWARD AGREEMENT. 
 19. RSUs Subject to Plan. By entering into this
Award Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. The RSUs are subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are hereby
incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. The Participant has had the
opportunity to retain counsel, and has read carefully, and understands, the provisions of the Plan and this Award Agreement. 

21. Amendment. The Committee may amend or alter this Award Agreement and the RSUs granted hereunder at any time; provided that,
subject to Articles 11, 12, and 13 of the Plan, no such amendment or alteration shall be made without the consent of the Participant if such action would materially diminish any of the rights of the Participant under this Award Agreement or with
respect to the RSUs. 

 22. Fractional Shares. Fractional shares shall not be issued and any rights thereto
shall be forfeited without consideration. 
 23. Severability. The provisions of this Award Agreement are severable and
if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

24. Headings. Section and sub-section headings are for convenient reference only and shall not control or affect the meaning of
construction of any of its provisions. 
 25. Signature in Counterparts. This Award Agreement may be signed in
counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 26. No Guarantees Regarding Tax Treatment. Participants (or their beneficiaries) shall be responsible for all taxes with respect to the RSUs. The Committee and the Company make no guarantees
regarding the tax treatment of the RSUs. Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax under Section 409A, Section 457A or otherwise and none of the Company, any Subsidiary
or Affiliate, or any of their employees or representatives shall have any liability to a Participant (or their beneficiaries) with respect thereto. 
 27. Compliance with Section 409A. The Company intends that the RSUs be structured in compliance with, or to satisfy an exemption from, Section 409A, such that there are no adverse tax
consequences, interest, or penalties under Section 409A as a result of the RSUs. In the event the RSUs are subject to Section 409A, the Committee may, in its sole discretion, take the actions described in Section 11.1 of the Plan.
Notwithstanding any contrary provision in the Plan or this Award Agreement, any payment(s) of “nonqualified deferred compensation” (within the meaning of Section 409A) that are otherwise required to be made under this Award Agreement
to a “specified employee” (as defined under Section 409A) as a result of his or her “separation from service” (as defined below) (other than a payment that is not subject to Section 409A) shall be delayed for the first
six (6) months following such “separation from service” and shall instead be paid on the date that immediately follows the end of such six (6) month period (or, if earlier, within 10 business days following the date of death of
the specified employee) or as soon as administratively practicable within 60 days thereafter, but in no event later than the end of the applicable taxable year. A termination of Continuous Service shall not be deemed to have occurred for purposes of
any provision of the Award Agreement providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section 409A upon or following a termination of Continuous Service, unless such termination
is also a “separation from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A. For purposes of any such provision of this Award Agreement
relating to any such payments or benefits, references to a “termination,” “termination of Continuous Service” or like terms shall mean “separation from service.” 

28. Acknowledgement. This Award has been granted in replacement of the Restricted Stock Unit Award previously granted to the
Participant under the Comverse Technology, Inc. 2011 Stock Incentive Compensation Plan or a predecessor plan (each, a “CTI Plan”), pursuant to a Restricted Stock Unit Award Agreement under a CTI Plan (the “Prior Award”).
This Award is granted in replacement of the Prior Award based upon the action of the Committee of CTI as authorized under the CTI Plan to make adjustments to outstanding awards in connection with a spin-off transaction involving the Company. In
accepting this Award, the Participant understands and acknowledges that the Participant’s rights under this Award are in full satisfaction of the Participant’s rights to the outstanding portion of the Prior Award, which is hereby cancelled
and superseded. 
 *****************************************

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