Document:

Cisco Systems, Inc. 2005 Stock Incentive Plan

 Exhibit 10.1 
 CISCO SYSTEMS, INC. 
 2005 STOCK INCENTIVE PLAN 

AS AMENDED AND RESTATED 
 EFFECTIVE AS OF NOVEMBER 12, 2009

									
	 SECTION 1.
	  		 	INTRODUCTION	  	 	1	  
				
	 SECTION 2.
	  		 	DEFINITIONS	  	 	1	  
				
		  	(a)	 	 “Affiliate”
	  	 	1	  
				
		  	(b)	 	 “Award”
	  	 	1	  
				
		  	(c)	 	 “Board”
	  	 	1	  
				
		  	(d)	 	 “Cashless Exercise”
	  	 	1	  
				
		  	(e)	 	 “Cause”
	  	 	2	  
				
		  	(f)	 	 “Change In Control”
	  	 	2	  
				
		  	(g)	 	 “Code”
	  	 	2	  
				
		  	(h)	 	 “Committee”
	  	 	2	  
				
		  	(i)	 	 “Common Stock”
	  	 	2	  
				
		  	(j)	 	 “Company”
	  	 	2	  
				
		  	(k)	 	 “Consultant”
	  	 	2	  
				
		  	(l)	 	 “Corporate Transaction”
	  	 	3	  
				
		  	(m)	 	 “Covered Employees”
	  	 	3	  
				
		  	(n)	 	 “Director”
	  	 	3	  
				
		  	(o)	 	 “Disability”
	  	 	3	  
				
		  	(p)	 	 “Employee”
	  	 	3	  
				
		  	(q)	 	 “Exchange Act”
	  	 	3	  
				
		  	(r)	 	 “Exercise Price”
	  	 	3	  
				
		  	(s)	 	 “Fair Market Value”
	  	 	3	  
				
		  	(t)	 	 “Fiscal Year”
	  	 	4	  
				
		  	(u)	 	 “Grant”
	  	 	4	  
				
		  	(v)	 	 “Incentive Stock Option” or “ISO”
	  	 	4	  
				
		  	(w)	 	 “Key Employee”
	  	 	4	  
				
		  	(x)	 	 “Non-Employee Director”
	  	 	4	  
				
		  	(y)	 	 “Nonstatutory Stock Option” or “NSO”
	  	 	4	  
				
		  	(z)	 	 “Option”
	  	 	4	  
				
		  	(aa)	 	 “Optionee”
	  	 	4	  
				
		  	(bb)	 	 “Parent”
	  	 	4	  
				
		  	(cc)	 	 “Participant”
	  	 	4	  
				
		  	(dd)	 	 “Performance Goal”
	  	 	5	  
				
		  	(ee)	 	 “Performance Period”
	  	 	5	  

									
		  	(ff)	 	 “Plan”
	  	 	5	  
				
		  	(gg)	 	 “Previous Plan Award”
	  	 	5	  
				
		  	(hh)	 	 “Re-Price”
	  	 	5	  
				
		  	(ii)	 	 “SAR Agreement”
	  	 	5	  
				
		  	(jj)	 	 “SEC”
	  	 	5	  
				
		  	(kk)	 	 “Section 16 Persons”
	  	 	5	  
				
		  	(ll)	 	 “Securities Act”
	  	 	5	  
				
		  	(mm)	 	 “Service”
	  	 	5	  
				
		  	(nn)	 	 “Share”
	  	 	6	  
				
		  	(oo)	 	 “Stock Appreciation Right” or “SAR”
	  	 	6	  
				
		  	(pp)	 	 “Stock Grant”
	  	 	6	  
				
		  	(qq)	 	 “Stock Grant Agreement”
	  	 	6	  
				
		  	(rr)	 	 “Stock Option Agreement”
	  	 	6	  
				
		  	(ss)	 	 “Stock Unit”
	  	 	6	  
				
		  	(tt)	 	 “Stock Unit Agreement”
	  	 	6	  
				
		  	(uu)	 	 “Subsidiary”
	  	 	6	  
				
		  	(vv)	 	 “10-Percent Shareholder”
	  	 	6	  
				
	 SECTION 3.
	  		 	ADMINISTRATION	  	 	7	  
				
		  	(a)	 	 Committee Composition
	  	 	7	  
				
		  	(b)	 	 Authority of the Committee
	  	 	7	  
				
		  	(c)	 	 Indemnification
	  	 	8	  
				
	 SECTION 4.
	  		 	GENERAL	  	 	8	  
				
		  	(a)	 	 General Eligibility
	  	 	8	  
				
		  	(b)	 	 Incentive Stock Options
	  	 	8	  
				
		  	(c)	 	 Restrictions on Shares
	  	 	8	  
				
		  	(d)	 	 Beneficiaries
	  	 	8	  
				
		  	(e)	 	 Performance Conditions
	  	 	9	  
				
		  	(f)	 	 No Rights as a Shareholder
	  	 	9	  
				
		  	(g)	 	 Termination of Service
	  	 	9	  
				
		  	(h)	 	 Director Fees
	  	 	9	  
				
	 SECTION 5.
	  		 	SHARES SUBJECT TO PLAN AND SHARE LIMITS	  	 	10	  
				
		  	(a)	 	 Basic Limitations
	  	 	10	  

  
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		  	(b)	 	 Additional Shares
	  	 	10	  
				
		  	(c)	 	 Dividend Equivalents
	  	 	10	  
				
		  	(d)	 	 Share Limits
	  	 	10	  
				
	 SECTION 6.
	  		 	TERMS AND CONDITIONS OF OPTIONS	  	 	11	  
				
		  	(a)	 	 Stock Option Agreement
	  	 	11	  
				
		  	(b)	 	 Number of Shares
	  	 	11	  
				
		  	(c)	 	 Exercise Price
	  	 	11	  
				
		  	(d)	 	 Exercisability and Term
	  	 	11	  
				
		  	(e)	 	 Modifications or Assumption of Options
	  	 	12	  
				
		  	(f)	 	 Assignment or Transfer of Options
	  	 	12	  
				
	 SECTION 7.
	  		 	PAYMENT FOR OPTION SHARES	  	 	12	  
				
	 SECTION 8.
	  		 	TERMS AND CONDITIONS OF STOCK APPRECIATION RIGHTS	  	 	13	  
				
		  	(a)	 	 SAR Agreement
	  	 	13	  
				
		  	(b)	 	 Number of Shares
	  	 	13	  
				
		  	(c)	 	 Exercise Price
	  	 	13	  
				
		  	(d)	 	 Exercisability and Term
	  	 	13	  
				
		  	(e)	 	 Exercise of SARs
	  	 	13	  
				
		  	(f)	 	 Modification or Assumption of SARs
	  	 	14	  
				
		  	(g)	 	 Assignment or Transfer of SARs
	  	 	14	  
				
	 SECTION 9.
	  		 	TERMS AND CONDITIONS FOR STOCK GRANTS	  	 	14	  
				
		  	(a)	 	 Amount and Form of Awards
	  	 	14	  
				
		  	(b)	 	 Stock Grant Agreement
	  	 	14	  
				
		  	(c)	 	 Payment for Stock Grants
	  	 	15	  
				
		  	(d)	 	 Vesting Conditions
	  	 	15	  
				
		  	(e)	 	 Assignment or Transfer of Stock Grants
	  	 	15	  
				
		  	(f)	 	 Voting and Dividend Rights
	  	 	15	  
				
		  	(g)	 	 Modification or Assumption of Stock Grants
	  	 	15	  
				
	 SECTION 10.
	  		 	TERMS AND CONDITIONS OF STOCK UNITS	  	 	16	  
				
		  	(a)	 	 Stock Unit Agreement
	  	 	16	  
				
		  	(b)	 	 Number of Shares
	  	 	16	  
				
		  	(c)	 	 Payment for Stock Units
	  	 	16	  

  
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		 	(d)	 	 Vesting Conditions
	  	 	16	  
				
		 	(e)	 	 Voting and Dividend Rights
	  	 	16	  
				
		 	(f)	 	 Form and Time of Settlement of Stock Units
	  	 	16	  
				
		 	(g)	 	 Creditors’ Rights
	  	 	17	  
				
		 	(h)	 	 Modification or Assumption of Stock Units
	  	 	17	  
				
		 	(i)	 	 Assignment or Transfer of Stock Units
	  	 	17	  
				
	 SECTION 11.
	 		 	 PROTECTION AGAINST DILUTION
	  	 	17	  
				
		 	(a)	 	 Adjustments
	  	 	17	  
				
		 	(b)	 	 Participant Rights
	  	 	18	  
				
		 	(c)	 	 Fractional Shares
	  	 	18	  
				
	 SECTION 12.
	 		 	 EFFECT OF A CORPORATE TRANSACTION
	  	 	18	  
				
		 	(a)	 	 Corporate Transaction
	  	 	18	  
				
		 	(b)	 	 Acceleration
	  	 	18	  
				
		 	(c)	 	 Dissolution
	  	 	19	  
				
	 SECTION 13.
	 		 	 LIMITATIONS ON RIGHTS
	  	 	19	  
				
		 	(a)	 	 No Entitlements
	  	 	19	  
				
		 	(b)	 	 Shareholders’ Rights
	  	 	19	  
				
		 	(c)	 	 Regulatory Requirements
	  	 	19	  
				
	 SECTION 14.
	 		 	 WITHHOLDING TAXES
	  	 	20	  
				
		 	(a)	 	 General
	  	 	20	  
				
		 	(b)	 	 Share Withholding
	  	 	20	  
				
	 SECTION 15.
	 		 	 DURATION AND AMENDMENTS
	  	 	20	  
				
		 	(a)	 	 Term of the Plan
	  	 	20	  
				
		 	(b)	 	 Right to Amend or Terminate the Plan
	  	 	20	  
				
	 SECTION 16.
	 		 	 EXECUTION
	  	 	21	  

  
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 CISCO SYSTEMS, INC. 

2005 STOCK INCENTIVE PLAN 
 AS AMENDED AND RESTATED 
 (Effective as of November 12, 2009) 

SECTION 1. INTRODUCTION. 
 The Company’s shareholders approved the Cisco Systems, Inc. 2005 Stock Incentive Plan, as amended and restated and effective on November 15, 2007. The Company’s Board of Directors approved
an amendment and restatement of the Plan; provided that, the amendment and restatement of the Plan shall become effective upon its approval by Company shareholders. If the Company’s shareholders do not approve the amendment and restatement of
the Plan, Awards will be made under the Plan as approved by shareholders on November 15, 2007. 
 The purpose of the Plan is
to promote the long-term success of the Company and the creation of shareholder value by offering Key Employees an opportunity to share in such long-term success by acquiring a proprietary interest in the Company. 

The Plan seeks to achieve this purpose by providing for discretionary long-term incentive Awards in the form of Options (which may
constitute Incentive Stock Options or Nonstatutory Stock Options), Stock Appreciation Rights, Stock Grants, and Stock Units. 

The Plan shall be governed by, and construed in accordance with, the laws of the State of California (except its choice-of-law
provisions). 
 Capitalized terms shall have the meaning provided in Section 2 unless otherwise provided in this Plan or any
related Stock Option Agreement, SAR Agreement, Stock Grant Agreement or Stock Unit Agreement. 
 SECTION 2.
DEFINITIONS. 
 (a) “Affiliate” means any entity other than a Subsidiary,
if the Company and/or one or more Subsidiaries own not less than 50% of such entity. 
 (b)
“Award” means any award of an Option, SAR, Stock Grant or Stock Unit under the Plan. 
 (c)
“Board” means the Board of Directors of the Company, as constituted from time to time. 
 (d)
“Cashless Exercise” means, to the extent that a Stock Option Agreement so provides and as permitted by applicable law, a program approved by the Committee in which payment may be made all or in part by delivery (on a form prescribed by the
Committee) of an irrevocable direction to a securities broker to sell Shares and to deliver all or part of the sale proceeds to the Company in payment of the aggregate Exercise Price and, if 

  
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applicable, the amount necessary to satisfy the Company’s withholding obligations at the minimum statutory withholding rates, including, but not limited to, U.S. federal and state income
taxes, payroll taxes, and foreign taxes, if applicable. 
 (e) “Cause” means, except as may
otherwise be provided in a Participant’s employment agreement or Award agreement, a conviction of a Participant for a felony crime or the failure of a Participant to contest prosecution for a felony crime, or a Participant’s misconduct,
fraud or dishonesty (as such terms are defined by the Committee in its sole discretion), or any unauthorized use or disclosure of confidential information or trade secrets, in each case as determined by the Committee, and the Committee’s
determination shall be conclusive and binding. 
 (f) “Change In Control” except as may
otherwise be provided in a Participant’s employment agreement or Award agreement, means the occurrence of any of the following: 
 (i) A change in the composition of the Board over a period of thirty-six consecutive months or less such that a majority of the Board members ceases, by reason of one or more contested elections for Board
membership, to be comprised of individuals who either (A) have been Board members continuously since the beginning of such period or (B) have been elected or nominated for election as Board members during such period by at least a majority
of the Board members described in clause (A) who were still in office at the time the Board approved such election or nomination; or 
 (ii) The acquisition, directly or indirectly, by any person or related group of persons (other than the Company or a person that directly or indirectly controls, is controlled by, or is under common
control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company representing more than 35% of the total combined voting power of the Company’s then outstanding securities
pursuant to a tender or exchange offer made directly to the Company’s shareholders which the Board does not recommend such shareholders accept. 
 (g) “Code” means the Internal Revenue Code of 1986, as amended, and the regulations and interpretations promulgated thereunder. 

(h) “Committee” means a committee described in Section 3. 

(i) “Common Stock” means the Company’s common stock. 

(j) “Company” means Cisco Systems, Inc., a California corporation. 

(k) “Consultant” means an individual who performs bona fide services to the Company, a Parent, a
Subsidiary or an Affiliate, other than as an Employee or Director or Non-Employee Director. 

  
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 (l) “Corporate Transaction” except as may otherwise be
provided in a Participant’s employment agreement or Award agreement, means the occurrence of any of the following shareholder approved transactions: 
 (i) The consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or
surviving entity’s securities outstanding immediately after such merger, consolidation or other reorganization is owned by persons who were not shareholders of the Company immediately prior to such merger, consolidation or other reorganization;
or 
 (ii) The sale, transfer or other disposition of all or substantially all of the Company’s assets.

 A transaction shall not constitute a Corporate Transaction if its sole purpose is to change the state of the Company’s
incorporation or to create a holding company that will be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transactions. 

(m) “Covered Employees” means those persons who are subject to the limitations of Code
Section 162(m). 
 (n) “Director” means a member of the Board who is also an Employee.

 (o) “Disability” means that the Key Employee is classified as disabled under a long-term
disability policy of the Company or, if no such policy applies, the Key Employee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death
or which has lasted or can be expected to last for a continuous period of not less than 12 months. 

(p) “Employee” means an individual who is a common-law employee of the Company, a Parent, a
Subsidiary or an Affiliate. 
 (q) “Exchange Act” means the Securities Exchange Act of 1934,
as amended. 
 (r) “Exercise Price” means, in the case of an Option, the amount for which a
Share may be purchased upon exercise of such Option, as specified in the applicable Stock Option Agreement. “Exercise Price,” in the case of a SAR, means an amount, as specified in the applicable SAR Agreement, which is subtracted from the
Fair Market Value in determining the amount payable upon exercise of such SAR. 
 (s) “Fair
Market Value” means the market price of a Share as determined in good faith by the Committee. The Fair Market Value shall be determined by the following: 

  
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 (i) If the Shares were traded over-the-counter or listed with NASDAQ on the
date in question, then the Fair Market Value shall be equal to the last transaction price quoted by the NASDAQ system for the date in question or (ii) if the Common Stock is listed on the New York Stock Exchange or the American Stock Exchange
on the date in question, the Fair Market Value is the closing selling price for the Common Stock as such price is officially quoted in the composite tape of transactions on the exchange determined by the Committee to be the primary market for the
Common Stock for the date in question; provided, however, that if there is no such reported price for the Common Stock for the date in question under (i) or (ii), then such price on the last preceding date for which such price exists shall be
determinative of Fair Market Value. 
 If neither (i) or (ii) are applicable, then the Fair Market Value shall be
determined by the Committee in good faith on such basis as it deems appropriate. 
 Whenever possible, the determination of Fair
Market Value by the Committee shall be based on the prices reported in the Western Edition of The Wall Street Journal. Such determination shall be conclusive and binding on all persons. 

(t) “Fiscal Year” means the Company’s fiscal year. 

(u) “Grant” means any grant of an Award under the Plan. 

(v) “Incentive Stock Option” or “ISO” means an incentive stock option described in Code
Section 422. 
 (w) “Key Employee” means an Employee, Director, Non-Employee Director
or Consultant who has been selected by the Committee to receive an Award under the Plan. 
 (x)
“Non-Employee Director” means a member of the Board who is not an Employee. 
 (y)
“Nonstatutory Stock Option” or “NSO” means a stock option that is not an ISO. 

(z) “Option” means an ISO or NSO granted under the Plan entitling the Optionee to purchase Shares.

 (aa) “Optionee” means an individual, estate or other entity that holds an Option.

 (bb) “Parent” means any corporation (other than the Company) in an unbroken chain of
corporations ending with the Company, if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that
attains the status of a Parent on a date after the adoption of the Plan shall be considered a Parent commencing as of such date. 

(cc) “Participant” means an individual or estate or other entity that holds an Award. 

  
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 (dd) “Performance Goal” means an objective formula or
standard determined by the Committee with respect to each Performance Period utilizing one or more of the following factors and any objectively verifiable adjustment(s) thereto permitted and preestablished by the Committee in accordance with Code
Section 162(m): (i) operating income; (ii) earnings before interest, taxes, depreciation and amortization; (iii) earnings; (iv) cash flow; (v) market share; (vi) sales; (vii) revenue; (viii) profits
before interest and taxes; (ix) expenses; (x) cost of goods sold; (xi) profit/loss or profit margin; (xii) working capital; (xiii) return on capital, equity or assets; (xiv) earnings per share; (xv) economic value
added; (xvi) stock price; (xvii) price/earnings ratio; (xviii) debt or debt-to-equity; (xix) accounts receivable; (xx) writeoffs; (xxi) cash; (xxii) assets; (xxiii) liquidity; (xxiv) operations;
(xxv) intellectual property (e.g., patents); (xxvi) product development; (xxvii) regulatory activity; (xxviii) manufacturing, production or inventory; (xxix) mergers and acquisitions or divestitures; (xxx) financings;
and/or (xxxi) customer satisfaction, each with respect to the Company and/or one or more of its affiliates or operating units. Awards issued to persons who are not Covered Employees may take into account other factors (including subjective
factors). 
 (ee) “Performance Period” means any period not exceeding 36 months as
determined by the Committee, in its sole discretion. The Committee may establish different Performance Periods for different Participants, and the Committee may establish concurrent or overlapping Performance Periods. 

(ff) “Plan” means this Cisco Systems, Inc. 2005 Stock Incentive Plan as amended and restated, and as
it may be further amended from time to time. 
 (gg) “Previous Plan Award” means any award
of an Option, SAR, Stock Grant or Stock Unit under the Cisco Systems, Inc. 1996 Stock Incentive Plan, the Cisco Systems, Inc. SA Acquisition Long-Term Incentive Plan or the Cisco Systems, Inc. WebEx Acquisition Long-Term Incentive Plan. 

(hh) “Re-Price” means that the Company has lowered or reduced the Exercise Price of outstanding
Options and/or outstanding SARs for any Participant(s), whether through amendment, cancellation, or replacement grants, or any other means. 
 (ii) “SAR Agreement” means the agreement described in Section 8 evidencing each Award of a Stock Appreciation Right. 

(jj) “SEC” means the Securities and Exchange Commission. 

(kk) “Section 16 Persons” means those officers, directors or other persons who are subject to
Section 16 of the Exchange Act. 
 (ll) “Securities Act” means the Securities Act of
1933, as amended. 
 (mm) “Service” means service as an Employee, Director, Non-Employee
Director or Consultant. A Participant’s Service does not terminate when continued service crediting 

  
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is required by applicable law. However, for purposes of determining whether an Option is entitled to continuing ISO status, a common-law employee’s Service will be treated as terminating
ninety (90) days after such Employee went on leave, unless such Employee’s right to return to active work is guaranteed by law or by a contract. Service terminates in any event when the approved leave ends, unless such Employee immediately
returns to active work. The Committee determines which leaves count toward Service, and when Service terminates for all purposes under the Plan. Further, unless otherwise determined by the Committee, a Participant’s Service shall not be deemed
to have terminated merely because of a change in the capacity in which the Participant provides service to the Company, a Parent, Subsidiary or Affiliate, or a transfer between entities (the Company or any Parent, Subsidiary, or Affiliate); provided
that there is no interruption or other termination of Service. 
 (nn) “Share” means one
share of Common Stock. 
 (oo) “Stock Appreciation Right” or “SAR” means a stock
appreciation right awarded under the Plan. 
 (pp) “Stock Grant” means Shares awarded under
the Plan. 
 (qq) “Stock Grant Agreement” means the agreement described in Section 9
evidencing each Award of a Stock Grant. 
 (rr) “Stock Option Agreement” means the agreement
described in Section 6 evidencing each Award of an Option. 
 (ss) “Stock Unit” means a
bookkeeping entry representing the equivalent of one Share, as awarded under the Plan. 
 (tt)
“Stock Unit Agreement” means the agreement described in Section 
10 evidencing each Award of a Stock Unit. 
 (uu) “Subsidiary” means any corporation (other
than the Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes
of stock in one of the other corporations in such chain. A corporation that attains the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing as of such date. 

(vv) “10-Percent Shareholder” means an individual who owns more than 10% of the total combined voting
power of all classes of outstanding stock of the Company, its Parent or any of its Subsidiaries. In determining stock ownership, the attribution rules of Section 424(d) of the Code shall be applied. 

  
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 SECTION 3. ADMINISTRATION. 

(a) Committee Composition. The Board or a Committee appointed by the Board shall administer the Plan. Unless
the Board provides otherwise, the Company’s Compensation & Management Development Committee shall be the Committee. Members of the Committee shall serve for such period of time as the Board may determine and shall be subject to removal
by the Board at any time. The Board may also at any time terminate the functions of the Committee and reassume all powers and authority previously delegated to the Committee. 
 The Committee shall have membership composition which enables (i) Awards to Section 16 Persons to qualify as exempt from liability under Section 16(b) of the Exchange Act and
(ii) Awards to Covered Employees to qualify as performance-based compensation as provided under Code Section 162(m). 

The Board may also appoint one or more separate committees of the Board, each composed of two or more directors of the Company who need
not qualify under Rule 16b-3 or Code Section 162(m), that may administer the Plan with respect to Key Employees who are not Section 16 Persons or Covered Employees, respectively, may grant Awards under the Plan to such Key Employees and
may determine all terms of such Awards. 
 Notwithstanding the foregoing, the Board shall constitute the Committee and shall
administer the Plan with respect to Non-Employee Directors, shall grant Awards under the Plan to such Non-Employee Directors, and shall determine all terms of such Awards. 
 (b) Authority of the Committee. Subject to the provisions of the Plan, the Committee shall have full authority and sole discretion to take any actions it deems necessary or
advisable for the administration of the Plan. Such actions shall include: 
 (i) selecting Key Employees who are
to receive Awards under the Plan; 
 (ii) determining the type, number, vesting requirements and other features
and conditions of such Awards and amending such Awards; 
 (iii) correcting any defect, supplying any omission,
or reconciling any inconsistency in the Plan or any Award agreement; 
 (iv) accelerating the vesting, or
extending the post-termination exercise term, of Awards at any time and under such terms and conditions as it deems appropriate; 
 (v) interpreting the Plan; 
 (vi) making all other decisions
relating to the operation of the Plan; and 
 (vii) adopting such plans or subplans as may be deemed necessary or
appropriate to provide for the participation by Key Employees of the Company and its Subsidiaries and Affiliates who reside outside the U.S., which plans and/or subplans shall be attached hereto as Appendices. 

  
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 The Committee may adopt such rules or guidelines as it deems appropriate to implement the
Plan. The Committee’s determinations under the Plan shall be final and binding on all persons. 

(c) Indemnification. To the maximum extent permitted by applicable law, each member of the Committee, or of the
Board, shall be indemnified and held harmless by the Company against and from (i) any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit,
or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action taken or failure to act under the Plan or any Stock Option Agreement, SAR Agreement, Stock Grant Agreement or Stock Unit Agreement, and
(ii) from any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid by him or her in satisfaction of any judgment in any such claim, action, suit, or proceeding against him or her, provided he or
she shall give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification shall not be exclusive of any other
rights of indemnification to which such persons may be entitled under the Company’s Articles of Incorporation or Bylaws, by contract, as a matter of law, or otherwise, or under any power that the Company may have to indemnify them or hold them
harmless. 
 SECTION 4. GENERAL. 

(a) General Eligibility. Only Employees, Directors, Non-Employee Directors and Consultants shall be eligible
for designation as Key Employees by the Committee, in its sole discretion. 
 (b) Incentive Stock
Options. Only Key Employees who are common-law employees of the Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. In addition, a Key Employee who is a 10-Percent Shareholder shall not be eligible for the grant of an ISO
unless the requirements set forth in Section 422(c)(5) of the Code are satisfied. 
 (c)
Restrictions on Shares. Any Shares issued pursuant to an Award shall be subject to such rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine, in its sole discretion. Such restrictions shall
apply in addition to any restrictions that may apply to holders of Shares generally and shall also comply to the extent necessary with applicable law. In no event shall the Company be required to issue fractional Shares under this Plan. 

(d) Beneficiaries. Unless stated otherwise in an Award agreement, a Participant may designate one or more
beneficiaries with respect to an Award by timely filing the prescribed form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Participant’s death. If no beneficiary
was designated or if no designated beneficiary survives the Participant, then 

  
 -8-

 
after a Participant’s death any vested Award(s) shall be transferred or distributed to the Participant’s estate. 
 (e) Performance Conditions. The Committee may, in its discretion, include performance conditions in an Award or grant an Award upon the satisfaction of performance conditions.
If performance conditions are included in Awards to Covered Employees, then such Awards may be subject to the achievement of Performance Goals established by the Committee. Such Performance Goals shall be established and administered pursuant to the
requirements of Code Section 162(m). Before any Shares underlying an Award or any Award payments subject to Performance Goals are released to a Covered Employee with respect to a Performance Period, the Committee shall certify in writing that
the Performance Goals for such Performance Period have been satisfied. Awards with performance conditions that are granted to Key Employees who are not Covered Employees need not comply with the requirements of Code Section 162(m). 

(f) No Rights as a Shareholder. A Participant, or a transferee of a Participant, shall have no rights as a
shareholder with respect to any Common Stock covered by an Award until such person has satisfied all of the terms and conditions to receive such Common Stock, has satisfied any applicable withholding or tax obligations relating to the Award and the
Shares have been issued (as evidenced by an appropriate entry on the books of the Company or a duly authorized transfer agent of the Company). 
 (g) Termination of Service. Unless the applicable Award agreement or, with respect to Participants who reside in the U.S., the applicable employment agreement provides
otherwise, the following rules shall govern the vesting, exercisability and term of outstanding Awards held by a Participant in the event of termination of such Participant’s Service (in all cases subject to the expiration term of the Option or
SAR as applicable): (i) upon termination of Service for any reason, all unvested portions of any outstanding Awards shall be immediately forfeited without consideration and the vested portions of any outstanding Stock Units shall be settled
upon termination; (ii) if the Service of a Participant is terminated for Cause, then all unexercised Options and SARs, unvested portions of Stock Units and unvested portions of Stock Grants shall terminate and be forfeited immediately without
consideration; (iii) if the Service of a Participant is terminated for any reason other than for Cause, death, or Disability, then the vested portion of his or her then-outstanding Options and/or SARs may be exercised by such Participant or his
or her personal representative within three months after the date of such termination; or (iv) if the Service of a Participant is terminated due to death or Disability, the vested portion of his or her then-outstanding Options and/or SARs may
be exercised within eighteen months after the date of termination of Service. 
 (h) Director Fees.
Each Non-Employee Director may elect to receive a Stock Grant or Stock Unit under the Plan in lieu of payment of a portion of his or her regular annual retainer based on the Fair Market Value of the Shares on the date any regular annual retainer
would otherwise be paid. For purposes of the Plan, a Non-Employee Director’s regular annual retainer shall not include any additional retainer paid in connection with service on any committee of the Board or paid for any other reason. Such an
election 

  
 -9-

 
may be for any dollar or percentage amount equal to at least 25% of the Non-Employee Director’s regular annual retainer (up to a limit of 100% of the Non-Employee Director’s regular
annual retainer). The election must be made prior to the beginning of the annual board of directors cycle which shall be any twelve month continuous period designated by the Board. Any amount of the regular annual retainer not elected to be received
as a Stock Grant or Stock Unit shall be payable in cash in accordance with the Company’s standard payment procedures. Shares granted under this Section 4(h) shall otherwise be subject to the terms of the Plan applicable to Non-Employee
Directors or to Participants generally (other than provisions specifically applying only to Employees). 
 SECTION
5. SHARES SUBJECT TO PLAN AND SHARE LIMITS. 
 (a) Basic Limitations. The stock
issuable under the Plan shall be authorized but unissued Shares. The aggregate number of Shares reserved for Awards under the Plan shall not exceed 559,000,000 Shares, subject to adjustment pursuant to Section 11. Shares issued as Stock Grants
or pursuant to Stock Units will count against the Shares available for issuance under the Plan as 1.5 Shares for every 1 Share issued in connection with the Award. 
 (b) Additional Shares. If Awards are forfeited or are terminated for any other reason before being exercised or settled, then the Shares underlying such Awards, plus the number
of additional Shares, if any, that counted against Shares available for issuance under the Plan in respect thereof at the time of Grant, shall again become available for Awards under the Plan. If a Previous Plan Award is forfeited or is terminated
for any other reason before being exercised or settled, then the Shares underlying such Previous Plan Award shall again become available for Awards under this Plan. SARs shall be counted in full against the number of Shares available for issuance
under the Plan, regardless of the number of Shares issued upon settlement of the SARs. 
 (c) Dividend
Equivalents. Any dividend equivalents distributed under the Plan shall not be applied against the number of Shares available for Awards. 
 (d) Share Limits. 
 (i) Limits on
Options. Subject to adjustment pursuant to Section 11, no Key Employee shall receive Options to purchase Shares during any Fiscal Year covering in excess of 5,000,000 Shares and the aggregate maximum number of Shares that may be
issued in connection with ISOs shall be 559,000,000 Shares. 
 (ii) Limits on SARs. Subject to adjustment
pursuant to Section 11, no Key Employee shall receive Awards of SARs during any Fiscal Year covering in excess of 5,000,000 Shares and the aggregate maximum number of Shares that may be issued in connection with SARs shall be 559,000,000
Shares. 

  
 -10-

 (iii) Limits on Stock Grants and Stock Units. Subject to adjustment
pursuant to Section 11, no Key Employee shall receive Stock Grants or Stock Units during any Fiscal Year covering, in the aggregate, in excess of 5,000,000 Shares. 

(iv) Limits on Awards to Non-Employee Directors. Subject to adjustment pursuant to Section 11, no Non-Employee
Director shall receive Awards during any Fiscal Year covering, in the aggregate, in excess of 50,000 Shares; provided that any Shares received pursuant to an election under Section 4(h) shall not count against such limit. 

SECTION 6. TERMS AND CONDITIONS OF OPTIONS. 

(a) Stock Option Agreement. Each Grant of an Option under the Plan shall be evidenced and governed exclusively
by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and that
the Committee deems appropriate for inclusion in a Stock Option Agreement (including without limitation any performance conditions). The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. The Stock
Option Agreement shall also specify whether the Option is an ISO or an NSO. 
 (b) Number of Shares.
Each Stock Option Agreement shall specify the number of Shares that are subject to the Option and shall be subject to adjustment of such number in accordance with Section 11. 

(c) Exercise Price. An Option’s Exercise Price shall be established by the Committee and set forth in a
Stock Option Agreement. The Exercise Price of an Option shall not be less than 100% of the Fair Market Value (110% for ISO grants to 10-Percent Shareholders) on the date of Grant. 

(d) Exercisability and Term. Each Stock Option Agreement shall specify the date when all or any installment of
the Option is to become exercisable. The Stock Option Agreement shall also specify the term of the Option; provided that the term of an Option shall in no event exceed ten years from the date of Grant. Unless the applicable Stock Option Agreement
provides otherwise, each Option shall vest and become exercisable with respect to 20% of the Shares subject to the Option upon completion of one year of Service measured from the vesting commencement date, the balance of the Shares subject to the
Option shall vest and become exercisable in forty-eight equal installments upon completion of each month of Service thereafter, and the term of the Option shall be ten years from the date of Grant. A Stock Option Agreement may provide for
accelerated vesting in the event of the Participant’s death, Disability, or other events. Notwithstanding any other provision of the Plan, no Option can be exercised after the expiration date provided in the applicable Stock Option Agreement
and no Option may provide that, upon exercise of the Option, a new Option will automatically be granted. 

  
 -11-

 (e) Modifications or Assumption of Options. Within the
limitations of the Plan, the Committee may modify, extend or assume outstanding options or may accept the cancellation of outstanding options (whether granted by the Company or by another issuer) in return for the grant of new Options for the same
or a different number of Shares, at the same or a different Exercise Price, and with the same or different vesting provisions. Notwithstanding the preceding sentence or anything to the contrary herein, the Committee may not Re-Price outstanding
Options unless there is approval by the Company shareholders and, unless a modification is necessary or desirable to comply with any applicable law, regulation or rule, such modification of an Option shall not, without the consent of the
Optionee, impair his or her rights or obligations under such Option. 
 (f) Assignment or Transfer of
Options. Except as otherwise provided in the applicable Stock Option Agreement and then only to the extent permitted by applicable law, no Option shall be transferable by the Optionee other than by will or by the laws of descent and distribution.
Except as otherwise provided in the applicable Stock Option Agreement, an Option may be exercised during the lifetime of the Optionee only by the Optionee or by the guardian or legal representative of the Optionee. No Option or interest therein may
be assigned, pledged or hypothecated by the Optionee during his or her lifetime, whether by operation of law or otherwise, or be made subject to execution, attachment or similar process. 
 SECTION 7. PAYMENT FOR OPTION SHARES. 
 The entire Exercise Price of Shares issued upon exercise of Options shall be payable in cash at the time when such Shares are purchased, except as follows and if so provided for in an applicable Stock
Option Agreement: 
 (i) Surrender of Stock. Payment for all or any part of the Exercise Price or Options may be
made with Shares which have already been owned by the Optionee; provided that the Committee may, in its sole discretion, require that Shares tendered for payment be previously held by the Optionee for a minimum duration. Such Shares shall be valued
at their Fair Market Value. 
 (ii) Cashless Exercise. Payment for all or any part of the Exercise Price may be
made through Cashless Exercise at the Committee’s sole discretion. 
 (iii) Other Forms of Payment. Payment
for all or any part of the Exercise Price may be made in any other form that is consistent with applicable laws, regulations and rules and approved by the Committee. 
 In the case of an ISO granted under the Plan, payment shall be made only pursuant to the express provisions of the applicable Stock Option Agreement. The Stock Option Agreement may specify that payment
may be made in any form(s) described in this 

  
 -12-

 
Section 7. In the case of an NSO granted under the Plan, the Committee may, in its discretion at any time, accept payment in any form(s) described in this Section 7. 

SECTION 8. TERMS AND CONDITIONS OF STOCK APPRECIATION RIGHTS. 

(a) SAR Agreement. Each Grant of a SAR under the Plan shall be evidenced and governed exclusively by a SAR
Agreement between the Participant and the Company. Such SAR shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and that the Committee deems
appropriate for inclusion in a SAR Agreement (including without limitation any performance conditions). A SAR Agreement may provide for a maximum limit on the amount of any payout notwithstanding the Fair Market Value on the date of exercise of the
SAR. The provisions of the various SAR Agreements entered into under the Plan need not be identical. SARs may be granted in consideration of a reduction in the Participant’s compensation. 

(b) Number of Shares. Each SAR Agreement shall specify the number of Shares to which the SAR pertains and shall
be subject to adjustment of such number in accordance with Section 11. 
 (c) Exercise Price.
Each SAR Agreement shall specify the Exercise Price which shall be established by the Committee. The Exercise Price of a SAR shall not be less than 100% of the Fair Market Value on the date of Grant. 

(d) Exercisability and Term. Each SAR Agreement shall specify the date when all or any installment of the SAR
is to become exercisable. The SAR Agreement shall also specify the term of the SAR which shall not exceed ten years from the date of Grant. Unless the applicable SAR Agreement provides otherwise, each SAR shall vest and become exercisable with
respect to 20% of the Shares subject to the SAR upon completion of one year of Service measured from the vesting commencement date, the balance of the Shares subject to the SAR shall vest and become exercisable in forty-eight equal installments upon
completion of each month of Service thereafter, and the term of the SAR shall be ten years from the date of Grant. A SAR Agreement may provide for accelerated vesting in the event of the Participant’s death, Disability, or other events. SARs
may be awarded in combination with Options or Stock Grants, and such an Award shall provide that the SARs will not be exercisable unless the related Options or Stock Grants are forfeited. A SAR may be included in an ISO only at the time of Grant but
may be included in an NSO at the time of Grant or at any subsequent time, but not later than six months before the expiration of such NSO. No SAR may provide that, upon exercise of the SAR, a new SAR will automatically be granted. 

(e) Exercise of SARs. If, on the date when a SAR expires, the Exercise Price under such SAR is less than the
Fair Market Value on such date but any portion of such SAR has not been exercised or surrendered, then such SAR shall automatically be deemed to be exercised as of such date with respect to such portion. Upon exercise of a SAR, the

  
 -13-

 
Participant (or any person having the right to exercise the SAR) shall receive from the Company (i) Shares, (ii) cash or (iii) any combination of Shares and cash, as the Committee
shall determine at the time of Grant of the SAR, in its sole discretion. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the
date of exercise) of the Shares subject to the SARs exceeds the Exercise Price of those Shares. 
 (f)
Modification or Assumption of SARs. Within the limitations of the Plan, the Committee may modify, extend or assume outstanding stock appreciation rights or may accept the cancellation of outstanding stock appreciation rights (including stock
appreciation rights granted by another issuer) in return for the grant of new SARs for the same or a different number of Shares, at the same or a different Exercise Price, and with the same or different vesting provisions. Notwithstanding the
preceding sentence or anything to the contrary herein, the Committee may not Re-Price outstanding SARs unless there is approval by the Company shareholders and, unless a modification is necessary or desirable to comply with any applicable
law, regulation or rule, such modification of a SAR shall not, without the consent of the Participant, impair his or her rights or obligations under such SAR. 
 (g) Assignment or Transfer of SARs. Except as otherwise provided in the applicable SAR Agreement and then only to the extent permitted by applicable law, no SAR shall be
transferable by the Participant other than by will or by the laws of descent and distribution. Except as otherwise provided in the applicable SAR Agreement, a SAR may be exercised during the lifetime of the Participant only by the Participant or by
the guardian or legal representative of the Participant. No SAR or interest therein may be assigned, pledged or hypothecated by the Participant during his or her lifetime, whether by operation of law or otherwise, or be made subject to execution,
attachment or similar process. 
 SECTION 9. TERMS AND CONDITIONS FOR STOCK GRANTS.

 (a) Amount and Form of Awards. Awards under this Section 9 may be granted in the form of a
Stock Grant. Each Stock Grant Agreement shall specify the number of Shares to which the Stock Grant pertains and shall be subject to adjustment of such number in accordance with Section 11. A Stock Grant may also be awarded in combination with
NSOs, and such an Award may provide that the Stock Grant will be forfeited in the event that the related NSOs are exercised. 
 
(b) Stock Grant Agreement. Each Stock Grant awarded under the Plan shall be evidenced and governed exclusively by a Stock Grant Agreement between the Participant and the Company. Each Stock Grant shall be subject to all applicable terms and conditions
 of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and that the Committee deems appropriate for inclusion in the applicable Stock Grant Agreement (including without limitation any performance

  
 -14-

 
conditions). The provisions of the various Stock Grant Agreements entered into under the Plan need not be identical. 
 (c) Payment for Stock Grants. Stock Grants may be issued with or without cash consideration or any other form of legally permissible consideration approved by the Committee.

 (d) Vesting Conditions. Each Stock Grant may or may not be subject to vesting. Any such vesting
provision may provide that Shares shall vest based on Service over time or shall vest, in full or in installments, upon satisfaction of performance conditions specified in the Stock Grant Agreement which may include Performance Goals pursuant to
Section 4(e). Unless the applicable Stock Grant Agreement provides otherwise, each Stock Grant shall vest with respect to 20% of the Shares subject to the Stock Grant upon completion of each year of Service on each of the first through fifth
annual anniversaries of the vesting commencement date. A Stock Grant Agreement may provide for accelerated vesting in the event of the Participant’s death, Disability, or other events. 

(e) Assignment or Transfer of Stock Grants. Except as provided in the applicable Stock Grant Agreement, and
then only to the extent permitted by applicable law, a Stock Grant awarded under the Plan shall not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily,
involuntarily or by operation of law. Any act in violation of this Section 9(e) shall be void. However, this Section 9(e) shall not preclude a Participant from designating a beneficiary who will receive any vested outstanding Stock Grant
Awards in the event of the Participant’s death, nor shall it preclude a transfer of vested Stock Grant Awards by will or by the laws of descent and distribution. 
 (f) Voting and Dividend Rights. The holder of a Stock Grant awarded under the Plan shall have the same voting, dividend and other rights as the Company’s other
shareholders. A Stock Grant Agreement, however, may require that the holder of such Stock Grant invest any cash dividends received in additional Shares subject to the Stock Grant. Such additional Shares subject to the Stock Grant shall be subject to
the same conditions and restrictions as the Stock Grant with respect to which the dividends were paid. Such additional Shares subject to the Stock Grant shall not reduce the number of Shares available for issuance under Section 5. 

(g) Modification or Assumption of Stock Grants. Within the limitations of the Plan, the Committee may modify or
assume outstanding stock grants or may accept the cancellation of outstanding stock grants (including stock granted by another issuer) in return for the grant of new Stock Grants for the same or a different number of Shares and with the same or
different vesting provisions. Notwithstanding the preceding sentence or anything to the contrary herein, the Committee may not modify an outstanding Stock Grant such that the modification shall, without the consent of the Participant, impair his or
her rights or obligations under such Stock Grant, unless such modification is necessary or desirable to comply with any applicable law, regulation or rule. 

  
 -15-

 SECTION 10. TERMS AND CONDITIONS OF STOCK UNITS.

 (a) Stock Unit Agreement. Each grant of Stock Units under the Plan shall be evidenced and
governed exclusively by a Stock Unit Agreement between the Participant and the Company. Such Stock Units shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not
inconsistent with the Plan and that the Committee deems appropriate for inclusion in the applicable Stock Unit Agreement (including without limitation any performance conditions). The provisions of the various Stock Unit Agreements entered into
under the Plan need not be identical. Stock Units may be granted in consideration of a reduction in the Participant’s other compensation. 
 (b) Number of Shares. Each Stock Unit Agreement shall specify the number of Shares to which the Stock Unit Grant pertains and shall be subject to adjustment of such number in
accordance with Section 11. 
 (c) Payment for Stock Units. Stock Units shall be issued without
consideration. 
 (d) Vesting Conditions. Each Award of Stock Units may or may not be subject to
vesting. Any such vesting provision may provide that Shares shall vest based on Service over time or shall vest, in full or in installments, upon satisfaction of performance conditions specified in the Stock Unit Agreement which may include
Performance Goals pursuant to Section 4(e). Unless the applicable Stock Unit Agreement provides otherwise, each Stock Unit shall vest with respect to 20% of the Shares subject to the Stock Unit upon completion of each year of Service on each of
the first through fifth annual anniversaries of the vesting commencement date. A Stock Unit Agreement may provide for accelerated vesting in the event of the Participant’s death, Disability, or other events. 

(e) Voting and Dividend Rights. The holders of Stock Units shall have no voting rights. Prior to settlement or
forfeiture, any Stock Unit awarded under the Plan may, at the Committee’s discretion, carry with it a right to dividend equivalents. Such right entitles the holder to be credited with an amount equal to all cash dividends paid on one Share
while the Stock Unit is outstanding. Dividend equivalents may be converted into additional Stock Units. Settlement of dividend equivalents may be made in the form of cash, in the form of Shares, or in a combination of both. Prior to distribution,
any dividend equivalents which are not paid shall be subject to the same conditions and restrictions as the Stock Units to which they attach. 
 (f) Form and Time of Settlement of Stock Units. Settlement of vested Stock Units may be made in the form of (a) cash, (b) Shares or (c) any combination of both,
as determined by the Committee at the time of the grant of the Stock Units, in its sole discretion. Methods of converting Stock Units into cash may include (without limitation) a method based on the average Fair Market Value of Shares over a series
of trading days. Vested Stock Units may be settled in a lump sum or in installments. The distribution may occur or commence when the vesting conditions applicable to the Stock Units have been 

  
 -16-

 
satisfied or have lapsed, or it may be deferred, in accordance with applicable law, to any later date. The amount of a deferred distribution may be increased by an interest factor or by dividend
equivalents. Until an Award of Stock Units is settled, the number of such Stock Units shall be subject to adjustment pursuant to Section 11. 
 (g) Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured
obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Agreement. 
 
(h) Modification or Assumption of Stock Units. Within the limitations of the Plan, the Committee may modify or assume outstanding stock units or may accept the cancellation of outstanding stock units (including stock units granted by another
issuer) in return for the grant of new Stock Units for the same or a different number of Shares and with the same or different vesting provisions. Notwithstanding the preceding sentence or anything to the contrary herein, the Committee may not
modify an outstanding Stock Unit such that the modification shall, without the consent of the Participant, impair his or her rights or obligations under such Stock Unit, unless such modification is necessary or desirable to comply with any
applicable law, regulation or rule. 
 (i) Assignment or Transfer of Stock Units. Except as provided
in the applicable Stock Unit Agreement, and then only to the extent permitted by applicable law, Stock Units shall not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether
voluntarily, involuntarily or by operation of law. Any act in violation of this Section 10(i) shall be void. However, this Section 10(i) shall not preclude a Participant from designating a beneficiary who will receive any outstanding
vested Stock Units in the event of the Participant’s death, nor shall it preclude a transfer of vested Stock Units by will or by the laws of descent and distribution. 
 SECTION 11. PROTECTION AGAINST DILUTION. 
 (a) Adjustments. In the event of a subdivision of the outstanding Shares, a declaration of a dividend payable in Shares, a declaration of a dividend payable in a form other
than Shares in an amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Shares (by reclassification or otherwise) into a lesser number of Shares, a recapitalization, a spin-off or a similar
occurrence, the Committee shall make appropriate adjustments to the following: 
 (i) the number of Shares and
the kind of shares or securities available for future Awards under Section 5; 
 (ii) the limits on Awards
specified in Section 5; 

  
 -17-

 (iii) the number of Shares and the kind of shares or securities covered by
each outstanding Award; or 
 (iv) the Exercise Price under each outstanding SAR or Option. 

(b) Participant Rights. Except as provided in this Section 11, a Participant shall have no rights by
reason of any issue by the Company of stock of any class or securities convertible into stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any stock dividend or any other increase or decrease in the
number of shares of stock of any class. If by reason of an adjustment pursuant to this Section 11 a Participant’s Award covers additional or different shares of stock or securities, then such additional or different shares and the Award in
respect thereof shall be subject to all of the terms, conditions and restrictions which were applicable to the Award and the Shares subject to the Award prior to such adjustment. 

(c) Fractional Shares. Any adjustment of Shares pursuant to this Section 11 shall be rounded down to the
nearest whole number of Shares. Under no circumstances shall the Company be required to authorize or issue fractional shares and no consideration shall be provided as a result of any fractional shares not being issued or authorized. 

SECTION 12. EFFECT OF A CORPORATE TRANSACTION. 

(a) Corporate Transaction. In the event that the Company is a party to a Corporate Transaction, outstanding
Awards shall be subject to the applicable agreement of merger, reorganization, or sale of assets. Such agreement may provide, without limitation, for the assumption or substitution of outstanding Options, SARs, or Stock Units by the surviving
corporation or its parent, for the assumption of outstanding Stock Grant Agreements by the surviving corporation or its parent, for the replacement of outstanding Options, SARs, and Stock Units with a cash incentive program of the surviving
corporation which preserves the spread existing on the unvested portions of such outstanding Awards at the time of the transaction and provides for subsequent payout in accordance with the same vesting provisions applicable to those Awards, for
accelerated vesting of outstanding Awards, or for the cancellation of outstanding Options, SARs, and Stock Units, with or without consideration, in all cases without the consent of the Participant. 

(b) Acceleration. The Committee may determine, at the time of grant of an Award or thereafter, that such Award
shall become fully vested as to all Shares subject to such Award in the event that a Corporate Transaction or a Change in Control occurs. Unless otherwise provided in the applicable Award agreement, in the event that a Corporate Transaction occurs
and any outstanding Options, SARs or Stock Units are not assumed, substituted, or replaced with a cash incentive program pursuant to Section 12(a) or any outstanding Stock Grant Agreements are not assumed pursuant to Section 12(a), then
such Awards shall fully vest and be fully exercisable immediately prior to such Corporate Transaction. Immediately following the consummation of a Corporate Transaction, all 

  
 -18-

 
outstanding Options, SARs and Stock Units shall terminate and cease to be outstanding, except to the extent that they are assumed by the surviving corporation or its parent. 

(c) Dissolution. To the extent not previously exercised or settled, Options, SARs and Stock Units shall
terminate immediately prior to the dissolution or liquidation of the Company. 
 SECTION 13. LIMITATIONS
ON RIGHTS. 
 (a) No Entitlements. A Participant’s rights, if any, in respect of or
in connection with any Award is derived solely from the discretionary decision of the Company to permit the individual to participate in the Plan and to benefit from a discretionary Award. By accepting an Award under the Plan, a Participant
expressly acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards. Any Award granted hereunder is not intended to be compensation of a continuing or recurring nature, or part of a
Participant’s normal or expected compensation, and in no way represents any portion of a Participant’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.

 Neither the Plan nor any Award granted under the Plan shall be deemed to give any individual a right to remain an employee,
consultant or director of the Company, a Parent, a Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate the Service of any person at any time, and for any reason, subject to
applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and such terminated person shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of
contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 

(b) Shareholders’ Rights. A Participant shall have no dividend rights, voting rights or other rights as a
shareholder with respect to any Shares covered by his or her Award prior to the issuance of such Shares (as evidenced by an appropriate entry on the books of the Company or a duly authorized transfer agent of the Company). No adjustment shall be
made for cash dividends or other rights for which the record date is prior to the date when such Shares are issued, except as expressly provided in Section 11. 
 (c) Regulatory Requirements. Any other provision of the Plan notwithstanding, the obligation of the Company to issue Shares or other securities under the Plan shall be subject
to all applicable laws, rules and regulations and such approval by any regulatory body as may be required. The Company reserves the right to restrict, in whole or in part, the delivery of Shares or other securities pursuant to any Award prior to the
satisfaction of all legal requirements relating to the issuance of such Shares or other securities, to 

  
 -19-

 
their registration, qualification or listing or to an exemption from registration, qualification or listing. 
 SECTION 14. WITHHOLDING TAXES. 
 
(a) General. A Participant shall make arrangements satisfactory to the Company for the satisfaction of any withholding tax obligations that arise in connection with his or her Award. The Company shall not be required to issue any Shares or make any
 cash payment under the Plan until such obligations are satisfied. 
 (b) Share Withholding. If a
public market for the Company’s Shares exists, the Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would
be issued to him or her or by surrendering or attesting to all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued based on the value of the actual trade or, if there is none, the Fair Market Value as of the
previous day. Any payment of taxes by assigning Shares to the Company may be subject to restrictions, including, but not limited to, any restrictions required by rules of the SEC. The Committee may, in its discretion, also permit a Participant to
satisfy withholding or income tax obligations related to an Award through Cashless Exercise or through a sale of Shares underlying the Award. 

SECTION 15. DURATION AND AMENDMENTS. 

(a) Term of the Plan. The Plan shall become effective upon its approval by Company shareholders. The Plan
shall terminate at the Company’s 2012 Annual Meeting of Shareholders and may be terminated on any earlier date pursuant to this Section 15. 
 (b) Right to Amend or Terminate the Plan. The Board may amend or terminate the Plan at any time and for any reason. The termination of the Plan, or any amendment thereof, shall
not impair the rights or obligations of any Participant under any Award previously granted under the Plan without the Participant’s consent, unless such modification is necessary or desirable to comply with any applicable law, regulation or
rule. No Awards shall be granted under the Plan after the Plan’s termination. An amendment of the Plan shall be subject to the approval of the Company’s shareholders only to the extent such approval is otherwise required by applicable
laws, regulations or rules. 

  
 -20-

 SECTION 16. EXECUTION. 

To record the adoption of the Plan by the Board, the Company has caused its duly authorized officer to execute this Plan on behalf of the
Company. 
  

			
	CISCO SYSTEMS, INC.
		
	By:	 	 
		 	Mark Chandler
	Title:	 	Senior Vice President, Legal Services, General Counsel and Secretary

  
 -21-

 (For Grants Prior to September 2008) 

CISCO SYSTEMS, INC. 
 NOTICE OF GRANT OF STOCK OPTION 
 Notice is hereby given of the following option
grant (the “Option”) made to purchase shares of Cisco Systems, Inc. (the “Company”) common stock: 
 Optionee:
                                         
                                         
                                         
                                         
                             
 Grant Date:
                                        
                                         
                                         
                                         
                            

							
	Type of Option:	 	         Incentive Stock Option	  		  	
		 	         Nonstatutory Stock Option	  		  	

 Grant Number:
                                         
                                         
                                         
                                         
    
 Number of Option Shares:
                                         
                                         
                                         
                                  shares 

Exercise Price: $             per share 

Vesting Commencement Date:
                                         
                                         
                                         
                                        

Expiration Date:
                                         
                                         
                                         
                                         
    
 Exercise Schedule 
 The Option shall vest and become exercisable with respect to (i) twenty percent (20%) of the Option Shares upon Optionee’s completion of one (1) year of Service measured from the
Vesting Commencement Date and (ii) the balance of the Option Shares in a series of forty-eight (48) successive equal monthly installments upon Optionee’s completion of each additional month of Service over the forty-eight (48)-month
period measured from the first annual anniversary of the Vesting Commencement Date. In no event shall the Option vest and become exercisable for any additional Option Shares after Optionee’s cessation of Service. 

Should Optionee request a reduction to his or her work commitment to less than thirty (30) hours per week, then the Committee shall have the right,
to extend the period over which the Option shall thereafter vest and become exercisable for the Option Shares during the remainder of the Option term. The decision whether or not to approve Optionee’s request for any reduced work commitment
shall be at the sole discretion of the Company. In no event shall any extension of the Exercise Schedule for the Option Shares result in the extension of the Expiration Date of the Option. 
 Optionee understands and agrees that the Option is offered subject to and in accordance with the terms of the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). Optionee further agrees
to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement attached hereto. 
 No
Employment or Service Contract. Nothing in this Notice or in the attached Stock Option Agreement or in the Plan shall confer upon Optionee any right to continue in 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 Optionee) or of Optionee, which rights are hereby expressly reserved by each, to terminate Optionee’s Service at any time for any reason, with or
without cause. 
 Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice, the
attached Stock Option Agreement or the Plan. 

 STOCK OPTION AGREEMENT 

Recitals 
 A. The Board has
adopted the Plan for the purpose of retaining the services of selected Employees, non-employee members of the Board or of the board of directors of any Parent or Subsidiary and Consultants and other independent advisors who provide services to the
Company (or any Parent or Subsidiary). 
 B. Optionee is to render valuable services to the Company (or a Parent or Subsidiary), and this
Agreement is executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Company’s grant of an option to Optionee. 
 C. All capitalized terms in this Agreement shall have the meaning assigned to them in this Agreement, the attached Notice of Grant of Stock Option (the “ Notice”), or the Plan. 

NOW, THEREFORE, it is hereby agreed as follows: 
 1. Grant of Option. The Company hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Notice. The Option Shares
shall be purchasable from time to time during the Option term specified in Paragraph 2 at the Exercise Price specified in the Notice. 

2. Option Term. This Option shall have a maximum term of nine (9) years measured from the Grant Date and shall accordingly
expire at the close of business on the Expiration Date, unless sooner terminated in accordance with Paragraph 4, 5 or 6. 
 3.
Non-Transferability. This Option shall not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law.
Notwithstanding the foregoing, should the Optionee die while holding this Option, then this Option shall be transferred in accordance with Optionee’s will or the laws of descent and distribution. 

4. Dates of Exercise. This Option shall vest and become exercisable for the Option Shares in one or more installments as specified
in the Notice. As the Option becomes exercisable for such installments, those installments shall accumulate and the Option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the Option term
under Paragraph 5 or 6. As an administrative matter, the exercisable portion of this Option may only be exercised until the close of the Nasdaq Global Select Market on the Expiration Date or the earlier termination date under Paragraph 5 or 6 or, if
such date is not a trading day on the Nasdaq Global Select Market, the last trading day before such date. Any later attempt to exercise this Option will not be honored. For example, if Optionee ceases to remain in Service as provided in Paragraph
5(i) and the date three (3) months from the date of cessation is Monday, July 4 (a holiday on which the Nasdaq Global Select Market is closed), Optionee must exercise the exercisable portion of this Option by 4 pm Eastern Daylight Time on
Friday, July 1. 

 5. Cessation of Service. The Option term specified in Paragraph 2 shall terminate (and
this Option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable: 
 (i) Should Optionee cease to remain in Service for any reason (other than death, Disability or Cause) while this Option is outstanding, then Optionee shall have a period of three (3) months
(commencing with the date of such cessation of Service) during which to exercise this Option, but in no event shall this Option be exercisable at any time after the Expiration Date. 

(ii) If Optionee dies while this Option is outstanding, then the personal representative of Optionee’s estate or the person or
persons to whom the Option is transferred pursuant to Optionee’s will or in accordance with the laws of descent and distribution shall have the right to exercise this Option. Such right shall lapse, and this Option shall cease to be
outstanding, upon the earlier of (A) the expiration of the eighteen (18)- month period measured from the date of Optionee’s death or (B) the Expiration Date. 
 (iii) Should Optionee cease Service by reason of Disability while this Option is outstanding, then Optionee shall have a period of eighteen (18) months (commencing with the date of such cessation of
Service) during which to exercise this Option, but in no event shall this Option be exercisable at any time after the Expiration Date. 
 (iv) Optionee’s date of cessation of Service shall mean the date upon which Optionee ceases active performance of services for the Company following the provision of such notification of termination
or resignation from Service and shall be determined solely by this Agreement and without reference to any other agreement, written or oral, including Optionee’s contract of employment, and shall not otherwise include any period of notice of
termination of employment, whether expressed or implied. 
 (v) During the limited period of post-Service exercisability, this
Option may not be exercised in the aggregate for more than the number of vested Option Shares for which the Option is exercisable at the time of Optionee’s cessation of Service. Upon the expiration of such limited exercise period or (if
earlier) upon the Expiration Date, this Option shall terminate and cease to be outstanding for any vested Option Shares for which the Option has not been exercised. However, this Option shall, immediately upon Optionee’s cessation of Service
for any reason, terminate and cease to be outstanding with respect to any Option Shares in which Optionee is not otherwise at that time vested or for which this Option is not otherwise at that time exercisable. 

(vi) Should Optionee’s Service be terminated for Cause or should Optionee otherwise engage in activities constituting Cause while
this Option is outstanding, then this Option shall terminate immediately and cease to remain outstanding. In the event Optionee’s Service with the Company is suspended pending an investigation of whether Optionee’s Service will be
terminated for Cause, all Optionee’s rights under the Option, including the right to exercise the Option, shall be suspended during the investigation period. 

  
 2 

 6. Special Acceleration of Option 

(a) This Option, to the extent outstanding at the time of a Corporate Transaction but not otherwise fully vested and exercisable, shall
automatically accelerate so that this Option shall, immediately prior to the effective date of the Corporate Transaction, become vested and exercisable for all of the Option Shares at the time subject to this Option and may be exercised for any or
all of those Option Shares as fully-vested Shares. No such acceleration of this Option, however, shall occur if and to the extent: (i) this Option is, in connection with the Corporate Transaction, either assumed by the successor corporation (or
parent thereof) or replaced with a comparable option to purchase shares of the capital stock of the successor corporation (or parent thereof) or (ii) this Option is replaced with a cash incentive program of the successor corporation which
preserves the spread existing on the unvested Option Shares at the time of the Corporate Transaction (the excess of the Fair Market Value of those Option Shares over the aggregate Exercise Price payable for such Shares) and provides for subsequent
pay-out in accordance with the same Exercise Schedule set forth in the Notice. The determination of option comparability under clause (i) shall be made by the Committee, and such determination shall be final, binding and conclusive. 

(b) Immediately following the effective date of the Corporate Transaction, this Option shall terminate and cease to be outstanding,
except to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 

(c) If this Option is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of
shares and the kind of shares or securities covered by the Option and the Exercise Price immediately after such Corporate Transaction, provided the aggregate Exercise Price shall remain the same. 

(d) This Option, to the extent outstanding at the time of a Change in Control but not otherwise fully vested and exercisable, shall
automatically accelerate so that this Option shall, immediately prior to the effective date of the Change in Control, become vested and exercisable for all of the Option Shares at the time subject to this Option and may be exercised for any or all
of those Option Shares as fully-vested Shares. This Option shall remain so exercisable until the Expiration Date or sooner termination of the Option term. 
 (e) This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve,
liquidate or sell or transfer all or any part of its business or assets. 

  
 3 

 7. Adjustment in Option Shares. In the event of a subdivision of the outstanding
Shares, a declaration of a dividend payable in Shares, a declaration of a dividend payable in a form other than Shares in an amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Shares (by
reclassification or otherwise) into a lesser number of Shares, a recapitalization, a spin-off or a similar occurrence, appropriate adjustments shall be made to (i) the total number and/or kind of shares or securities subject to this Option and
(ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder. 
 8.
Shareholder Rights. The holder of this Option shall not have any shareholder rights with respect to the Option Shares until such person shall have exercised the Option, paid the Exercise Price and become a holder of record of the
purchased Shares. 
 9. Manner of Exercising Option. 

(a) In order to exercise this Option with respect to all or any part of the Option Shares for which this Option is at the time
exercisable, Optionee (or any other person or persons exercising the Option) must take the following actions: 
 (i) Pay the
aggregate Exercise Price for the purchased Shares in one or more of the following forms: 
 (A) cash or check which, in the
Company’s sole discretion, shall be made payable to a Company-designated brokerage firm or the Company; 
 (B) as
permitted by applicable law, through a special sale and remittance procedure pursuant to which Optionee (or any other person or persons exercising the Option) shall concurrently provide irrevocable written instructions (I) to a
Company-designated brokerage firm (or in the case of an executive officer or Board member of the Company, an Optionee-designated brokerage firm) to effect the immediate sale of the purchased Shares and remit to the Company, out of the sale proceeds
available on the settlement date, sufficient funds to cover the aggregate Exercise Price payable for the purchased Shares plus, if applicable, the amount necessary to satisfy the Company’s withholding obligations at the minimum statutory
withholding rates and (II) to the Company to deliver the certificates for the purchased Shares directly to such brokerage firm in order to complete the sale transaction; and 
 (C) a promissory note payable to the Company, but only to the extent authorized by the Committee in accordance with Paragraph 13. 
 (ii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise this Option. 

(iii) Make appropriate arrangements with the Company (or Parent or Subsidiary employing or retaining Optionee) for the satisfaction of
all tax withholding requirements applicable to the Option exercise. 

  
 4 

 (b) As soon as practical after the exercise date, the Company shall issue to or on behalf of
Optionee (or any other person or persons exercising this Option) the purchased Option Shares (as evidenced by an appropriate entry on the books of the Company or a duly authorized transfer agent of the Company), subject to the appropriate legends
and/or stop transfer instructions. 
 (c) In no event may this Option be exercised for any fractional Shares. 

(d) Notwithstanding any other provisions of the Plan, this Agreement or any other agreement to the contrary, if at the time this Option
is exercised, Optionee is indebted to the Company (or any Parent or Subsidiary) for any reason, the following actions shall be taken, as deemed appropriate by the Committee: 
 (i) any Shares to be issued upon such exercise shall automatically be pledged against Optionee’s outstanding indebtedness; and 

(ii) if this Option is exercised in accordance with subparagraph 9(a)(i)(B) above, the after tax proceeds of the sale of Optionee’s
Shares shall automatically be applied to the outstanding balance of Optionee’s indebtedness. 
 10. Compliance with Laws and
Regulations. 
 (a) The exercise of this Option and the issuance of the Option Shares upon such exercise shall be subject
to compliance by the Company and Optionee with all applicable laws, regulations and rules relating thereto, including all applicable regulations of any stock exchange (or the Nasdaq Global Select Market, if applicable) on which the Shares may be
listed for trading at the time of such exercise and issuance. 
 (b) The inability of the Company to obtain approval from any
regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Shares pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance or sale of the Shares as to
which such approval shall not have been obtained. The Company, however, shall use its best efforts to obtain all such approvals. 
 11.
Successors and Assigns. Except to the extent otherwise provided in Paragraphs 3 and 6, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and Optionee,
Optionee’s assigns and the legal representatives, heirs and legatees of Optionee’s estate. 
 12. Notices. Any
notice required or permitted under the terms of this Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S.
mail, as certified or registered mail, with postage prepaid, and addressed to the Company at the Company’s principal corporate offices or to the Optionee at the address maintained for the Optionee in the Company’s records or, in either
case, as subsequently modified by written notice to the other party. 

  
 5 

 13. Financing. The Committee may, in its absolute discretion and without any obligation
to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Company. The terms of any such promissory note (including the interest rate, the requirements for
collateral and the terms of repayment) shall be established by the Committee in its sole discretion. 
 14. Construction.
The Notice, this Agreement, and the Option evidenced hereby (a) are made and granted pursuant to the Plan and are in all respects limited by and subject to the terms of the Plan, and (b) constitute the entire agreement between Optionee and
the Company on the subject matter hereof and supercede all proposals, written or oral, and all other communications between the parties related to the subject matter. All decisions of the Committee with respect to any question or issue arising under
the Notice, this Agreement or the Plan shall be conclusive and binding on all persons having an interest in this Option. 
 15.
Governing Law. The interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of California without resort to the conflict of laws principles thereof. 

16. Excess Shares. If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of Shares which may
without shareholder approval be issued under the Plan, then this Option shall be void with respect to those excess shares, unless shareholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained
in accordance with the provisions of the Plan and all applicable laws, regulations and rules. 
 17. Additional Terms Applicable to
an Incentive Stock Options. In the event this Option is designated an Incentive Stock Option in the Notice, the following terms and conditions shall also apply to the Option: 

(a) This Option shall cease to qualify for favorable tax treatment as an Incentive Stock Option if (and to the extent) this Option is
exercised for one or more Option Shares: (A) more than three (3) months after the date Optionee ceases to be an Employee for any reason other than death or Disability or (B) more than twelve (12) months after the date Optionee
ceases to be an Employee by reason of Disability. 
 (b) Even if this Option is designated as an Incentive Stock Option, if the
Shares subject to this Option (and all other Incentive Stock Options granted to Optionee by the Company or any Parent or Subsidiary, including under other plans of the Company) that first become exercisable in any calendar year have an aggregate
Fair Market Value (determined for each Share as of the date of grant of the option covering such Share) in excess of $100,000, the Shares in excess of $100,000 shall be treated as subject to a Nonstatutory Stock Option in accordance all applicable
laws, regulations and rules. 

  
 6 

 18. Leave of Absence. Unless otherwise determined by the Committee, the following
provisions shall apply upon the Optionee’s commencement of an authorized leave of absence: 
 (a) The Exercise Schedule in
effect under the Notice shall be frozen as of the first day of the authorized leave, and this Option shall not become exercisable for any additional installments of the Option Shares during the period Optionee remains on such leave. 

(b) If the Option is designated as an Incentive Stock Option in the Notice and if the leave of absence continues for more than ninety
(90) days, then this Option shall automatically convert to a Nonstatutory Stock Option at the end of the three (3)-month period measured from the ninety-first (91st) day of such leave, unless the Optionee’s right to return to active
work is guaranteed by law or by a contract. 
 (c) In no event shall this Option become exercisable for any additional Option
Shares or otherwise remain outstanding if Optionee does not resume Service prior to the Expiration Date of the Option term. 
 19.
Further Instruments. The parties agree to execute such further instruments and to take such further action as may be reasonably necessary to carry out the purposes and intent of this Agreement. 

20. Authorization to Release Necessary Personal Information. 

(a) Optionee hereby authorizes and directs Optionee’s employer to collect, use and transfer in electronic or other form, any personal
information (the “Data”) regarding Optionee’s employment, the nature and amount of Optionee’s compensation and the fact and conditions of Optionee’s participation in the Plan (including, but not limited to, Optionee’s
name, home address, telephone number, date of birth, social security number (or any other social or national identification number), salary, nationality, job title, number of Shares held and the details of all options or any other entitlement to
Shares awarded, cancelled, exercised, vested, unvested or outstanding) for the purpose of implementing, administering and managing Optionee’s participation in the Plan. Optionee understands that the Data may be transferred to the Company or any
of its Subsidiaries, or to any third parties assisting in the implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the exercise of Options under the Plan or with
whom Shares acquired upon exercise of this Option or cash from the sale of such shares may be deposited. Optionee acknowledges that recipients of the Data may be located in different countries, and those countries may have data privacy laws and
protections different from those in the country of Optionee’s residence. Furthermore, Optionee acknowledges and understands that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is necessary for
Optionee’s participation in the Plan. 
 (b) Optionee may at any time withdraw the consents herein, by

  
 7 

 
contacting Optionee’s local human resources representative in writing. Optionee further acknowledges that withdrawal of consent may affect Optionee’s ability to exercise or realize
benefits from the Option, and Optionee’s ability to participate in the Plan. 
 21. No Entitlement or Claims for
Compensation. 
 (a) Optionee’s rights, if any, in respect of or in connection with this Option or any other Award
is derived solely from the discretionary decision of the Company to permit Optionee to participate in the Plan and to benefit from a discretionary Award. By accepting this Option, Optionee expressly acknowledges that there is no obligation on the
part of the Company to continue the Plan and/or grant any additional Awards to Optionee. This Option is not intended to be compensation of a continuing or recurring nature, or part of Optionee’s normal or expected compensation, and in no way
represents any portion of a Optionee’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. 

(b) Neither the Plan nor this Option or any other Award granted under the Plan shall be deemed to give Optionee a right to remain an
Employee, Consultant or director of the Company, a Parent or a Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate the Service of Optionee at any time, with or without cause, and for
any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and Optionee shall be deemed irrevocably to have waived any claim to damages or specific performance for
breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Option or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 

(c) Optionee agrees that the Company may require Options granted hereunder be exercised with, and the Option Shares held by, a broker
designated by the Company. In addition, Optionee agrees that his or her rights hereunder shall be subject to set-off by the Company for any valid debts the Optionee owes to the Company. 

  
 8 

 CISCO SYSTEMS, INC. 

NOTICE OF GRANT OF STOCK OPTION 
 Notice is hereby given of the following option grant (the “Option”) made to purchase shares of Cisco Systems, Inc. (the “Company”) common stock: 

Optionee:
                                         
                                         
                                         
                                         
                         
 Grant Date:
                                         
                                         
                                         
                                         
                      
 Type of
Option: U.S. Nonstatutory Stock Option 
 Grant Number:
                                         
                                         
                                         
                                         
                
 Number of Option Shares:
                                         
                                         
                                         
                  shares 
 Exercise Price:
$             per share 
 First Vest Date:
                                         
                                         
                                         
                                
 Expiration Date:
                                         
                                         
                                         
                                         
              
 Exercise Schedule. So long as
Optionee’s Service continues, the Option shall vest and become exercisable with respect to (i)                      percent
(    %) of the option shares, as set forth above (the “Option Shares”) on the First Vest Date as set forth above and (ii) the balance of the Option Shares in
                     installments upon Optionee’s completion of each additional
                     of Service over the
                     period measured from the
                     First Vest Date. In no event shall the Option vest and become exercisable for any additional Option Shares after
Optionee’s cessation of Service. 
 Should Optionee request a reduction to his or her work commitment to less than thirty (30) hours
per week, then the Company shall have the right to extend the period over which the Option shall thereafter vest and become exercisable for the Option Shares during the remainder of the Option term to the extent permitted under local law. In no
event shall any extension of the exercise schedule, as set forth above (“Exercise Schedule”) for the Option Shares result in the extension of the expiration date, as set forth above, (“Expiration Date”) of the Option. 

Optionee understands and agrees that the Option is offered subject to and in accordance with the terms of the Cisco Systems, Inc. 2005 Stock Incentive
Plan (the “Plan”). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement (the “Agreement”) attached hereto. 

No Employment or Service Contract. Nothing in this Notice or in the attached Agreement or in the Plan shall confer upon Optionee any right
to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent, Subsidiary or Affiliate employing or retaining Optionee) or of Optionee, which rights are hereby
expressly reserved by each, to terminate Optionee’s Service at any time for any reason, with or without cause to the extent permissible under local law. 
 Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice, the attached Agreement or the Plan. 

 STOCK OPTION AGREEMENT 

Recitals 
 A. The Board has
adopted the Plan for the purpose of retaining the services of selected Employees, non-employee members of the Board and Consultants. 
 B.
Optionee is to render valuable services to the Company (or a Parent, Subsidiary or Affiliate), and this Agreement is executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Company’s grant of an
option to Optionee. 
 C. All capitalized terms in this Agreement shall have the meaning assigned to them in this Agreement, the attached Notice
of Grant of Stock Option (the “Notice”), or the Plan. 
 NOW, THEREFORE, it is hereby agreed as follows: 

1. Grant of Option. The Company hereby grants to Optionee, as of the grant date, as set forth in the Notice, (the “Grant
Date”) an option to purchase up to the number of Option Shares specified in the Notice. The Option Shares shall be purchasable from time to time during the Option term specified in Paragraph 2 at the Exercise Price specified in the Notice.

 2. Option Term. This Option shall have a maximum term of
                     years [not to exceed ten (10) years] measured from the Grant Date and shall accordingly expire at the close of
business on the Expiration Date, unless sooner terminated in accordance with Paragraph 4, 5 or 6. 
 3.
Non-Transferability. This Option shall not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law.
Notwithstanding the foregoing, should the Optionee die while holding this Option, then this Option shall be transferred in accordance with Optionee’s will or the laws of descent and distribution. 

4. Dates of Exercise. This Option shall vest and become exercisable for the Option Shares in one or more installments as specified
in the Notice. As the Option becomes exercisable for such installments, those installments shall accumulate and the Option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the Option term
under Paragraph 5 or 6. As an administrative matter, the exercisable portion of this Option may only be exercised until the close of the Nasdaq Global Select Market on the Expiration Date or the earlier termination date under Paragraph 5 or 6 or, if
such date is not a trading day on the Nasdaq Global Select Market, the last trading day before such date. Any later attempt to exercise this Option will not be honored. For example, if Optionee ceases to remain in Service as provided in Paragraph
5(i) and the date three (3) months from the date of cessation is Monday, July 4 (a holiday on which the Nasdaq Global Select Market is closed), Optionee must exercise the exercisable portion of this Option by 4:00 p.m. Eastern Daylight
Time on Friday, July 1. 

 5. Cessation of Service. The Option term specified in Paragraph 2 shall terminate (and
this Option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable: 
 (i) Should Optionee cease to remain in Service for any reason (other than death, Disability or Cause and whether or not in breach of local labor laws) while this Option is outstanding, then Optionee shall
have a period of three (3) months (commencing with the date of such cessation of Service) during which to exercise this Option, but in no event shall this Option be exercisable at any time after the Expiration Date. 

(ii) If Optionee dies while this Option is outstanding, then the Optionee’s designated beneficiary or, if no beneficiary was
designated or properly designated or, if no designated beneficiary survives the Optionee, the Optionee’s estate (to the extent reasonably determinable) or other individual or entity entitled to receive the Option under applicable local law
shall have the right to exercise this Option. Such right shall lapse, and this Option shall cease to be outstanding, upon the earlier of (A) the expiration of the eighteen (18) month period measured from the date of Optionee’s death
or (B) the Expiration Date. Optionee may only make a beneficiary designation with respect to this Option if the Company has approved a process or procedure for such beneficiary designation for the local jurisdiction within which Optionee
performs services for the Company or a Parent, Subsidiary or Affiliate. If no such beneficiary designation process or procedure has been approved by the Company, then, in the event of Optionee’s death, this Option may only be exercised by the
Optionee’s estate (to the extent reasonably determinable) or other individual or entity entitled to receive the Option under applicable local law. 
 (iii) Should Optionee cease Service by reason of Disability while this Option is outstanding, then Optionee shall have a period of eighteen (18) months (commencing with the date of such cessation of
Service) during which to exercise this Option, but in no event shall this Option be exercisable at any time after the Expiration Date. 
 (iv) During the limited period of post-Service exercisability, this Option may not be exercised in the aggregate for more than the number of vested Option Shares for which the Option is exercisable at the
date the Optionee ceases to actively provide Service (not extended by any notice period mandated under local law). Upon the expiration of such limited exercise period or (if earlier) upon the Expiration Date, this Option shall terminate and cease to
be outstanding for any vested Option Shares for which the Option has not been exercised. However, this Option shall, immediately as of the date the Optionee ceases to actively provide Service for any reason, terminate and cease to be outstanding
with respect to any Option Shares in which Optionee is not otherwise at that time vested or for which this Option is not otherwise at that time exercisable. 
 (v) Should Optionee’s Service be terminated for Cause or should Optionee otherwise engage in activities constituting Cause while this Option is

  
 2 

 
outstanding, then this Option shall terminate immediately and cease to remain outstanding. In the event Optionee’s Service is suspended pending an investigation of whether Optionee’s
Service will be terminated for Cause, all Optionee’s rights under the Option, including the right to exercise the Option, shall be suspended during the investigation period. 

(vi) For purposes of this Paragraph 5, in the event of Optionee’s cessation of Service, Optionee’s right to receive additional
options or to vest in the Option will end as of the date the Optionee is no longer actively providing Service and will not be extended by any notice period mandated under local law (e.g., active Service would not include any period of
“garden leave” or similar period pursuant to local law); the Company shall have the exclusive discretion to determine when an Optionee is no longer actively providing Service for purposes of this Option. 

6. Special Acceleration of Option. 
 (a) This Option, to the extent outstanding at the time of a Corporate Transaction but not otherwise fully vested and exercisable, shall automatically accelerate so that this Option shall, immediately
prior to the effective date of the Corporate Transaction, become vested and exercisable for all of the Option Shares at the time subject to this Option and may be exercised for any or all of those Option Shares as fully-vested Shares. No such
acceleration of this Option, however, shall occur if and to the extent: (i) this Option is, in connection with the Corporate Transaction, either assumed by the successor corporation (or parent thereof) or replaced with a comparable option to
purchase shares of the capital stock of the successor corporation (or parent thereof) or (ii) this Option is replaced with a cash incentive program of the successor corporation which preserves the spread existing on the unvested Option Shares
at the time of the Corporate Transaction (the excess of the Fair Market Value of those Option Shares over the aggregate Exercise Price payable for such Shares) and provides for subsequent pay-out in accordance with the same Exercise Schedule set
forth in the Notice. The determination of option comparability under clause (i) shall be made by the Committee, and such determination shall be final, binding and conclusive. 

(b) Immediately following the effective date of the Corporate Transaction, this Option shall terminate and cease to be outstanding,
except to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 

(c) If this Option is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of
shares and the kind of shares or securities covered by the Option and the Exercise Price immediately after such Corporate Transaction, provided the aggregate Exercise Price shall remain the same. 

(d) This Option, to the extent outstanding at the time of a Change in Control but not otherwise fully vested and exercisable, shall
automatically accelerate so that this Option shall, immediately prior to the effective date of the Change in Control, 

  
 3 

 
become vested and exercisable for all of the Option Shares at the time subject to this Option and may be exercised for any or all of those Option Shares as fully-vested Shares. This Option shall
remain so exercisable until the Expiration Date or sooner termination of the Option term. 
 (e) This Agreement shall not in any
way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. 

7. Adjustment in Option Shares. In the event of a subdivision of the outstanding Shares, a declaration of a dividend payable in
Shares, a declaration of a dividend payable in a form other than Shares in an amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Shares (by reclassification or otherwise) into a lesser number
of Shares, a recapitalization, a spin-off or a similar occurrence, appropriate adjustments shall be made to (i) the total number and/or kind of shares or securities subject to this Option and (ii) the Exercise Price in order to reflect
such change and thereby preclude a dilution or enlargement of benefits hereunder. 
 8. Shareholder Rights. The holder of
this Option shall not have any shareholder rights with respect to the Option Shares until such person shall have exercised the Option, paid the Exercise Price and become a holder of record of the purchased Shares. 

9. Manner of Exercising Option. 
 (a) In order to exercise this Option with respect to all or any part of the Option Shares for which this Option is at the time exercisable, Optionee (or any other person or persons exercising the Option)
must take the following actions: 
 (i) Pay the aggregate Exercise Price for the purchased Shares in one or more of the following
forms: 
 (A) cash or check which, in the Company’s sole discretion, shall be made payable to a Company-designated
brokerage firm or the Company; and 
 (B) as permitted by applicable law, through a special sale and remittance procedure
pursuant to which Optionee (or any other person or persons exercising the Option) shall concurrently provide irrevocable written instructions (I) to a Company-designated brokerage firm (or in the case of an executive officer or Board member of
the Company, an Optionee-designated brokerage firm) to effect the immediate sale of the purchased Shares and remit to the Company, out of the sale proceeds available on the settlement date, sufficient funds to cover the aggregate Exercise Price
payable for the purchased Shares plus, if applicable, the amount necessary to satisfy the Company’s (or a Parent’s, Subsidiary’s or Affiliate’s) withholding obligations 

  
 4 

 
(including income tax, social taxes or insurance contributions, payroll tax, payment on account or other tax items related to Optionee’s participation in the Plan and legally applicable to
Optionee (“Tax-Related Items”)) and (II) to the Company to deliver the purchased Shares directly to such brokerage firm in order to complete the sale transaction. 
 (ii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise this Option. 

(iii) Make appropriate arrangements with the Company (or a Parent, Subsidiary or Affiliate employing or retaining Optionee) for the
satisfaction of all withholding or other obligations related to Tax-Related Items applicable to the Option grant, vesting, exercise or the sale of Shares, as applicable. 
 (b) As soon as practical after the exercise date, the Company shall issue to or on behalf of Optionee (or any other person or persons exercising this Option) the purchased Option Shares, (as evidenced by
an appropriate entry on the books of the Company or a duly authorized transfer agent of the Company), subject to the appropriate legends and/or stop transfer instructions. 
 (c) In no event may this Option be exercised for any fractional Shares. 
 (d)
Notwithstanding any other provisions of the Plan, this Agreement or any other agreement to the contrary, if at the time this Option is exercised, Optionee is indebted to the Company (or any Parent, Subsidiary or Affiliate) for any reason, the
following actions shall be taken, as deemed appropriate by the Committee: 
 (i) any Shares to be issued upon such exercise shall
automatically be pledged against Optionee’s outstanding indebtedness; and 
 (ii) if this Option is exercised in accordance
with subparagraph 9(a)(i)(B) above, the after tax proceeds of the sale of Optionee’s Shares shall automatically be applied to the outstanding balance of Optionee’s indebtedness. 
 10. Responsibility for Taxes. 
 (a) Optionee authorizes the
Company and/or the Optionee’s employer (the “Employer”) or their respective agents, at their discretion, to satisfy any obligations related to Tax-Related Items by one or a combination of the following: (1) withholding all
applicable Tax-Related Items from Optionee’s wages or other cash compensation paid to Optionee by the Company and/or the Employer; (2) withholding from proceeds of the sale of Shares acquired upon exercise of the Option either through a
voluntary sale (specifically including where this Option is exercised in accordance with subparagraph 9(a)(i)(B) above) or through a mandatory sale arranged by the Company (on Optionee’s behalf pursuant to this authorization); or
(3) withholding of Shares that would otherwise be issued upon exercise of the Option. To avoid financial accounting charges under applicable accounting guidance, the Company may withhold or account for Tax-Related

  
 5 

 
Items by considering applicable minimum statutory withholding rates or may take any other action required to avoid financial accounting charges under applicable accounting guidance. Finally,
Optionee must pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of Optionee’s participation in the Plan or Optionee’s purchase of
Shares that cannot be satisfied by the means previously described. The Company may refuse to honor the exercise and refuse to issue or deliver the Shares or the proceeds of the sale of the Shares if Optionee fails to comply with Optionee’s
obligations in connection with the Tax-Related Items as described in this Paragraph. 
 (b) Regardless of any action the Company
or the Employer takes with respect to any or all Tax-Related Items, Optionee acknowledges that the ultimate liability for all Tax-Related Items is and remains Optionee’s responsibility and may exceed the amount actually withheld by the Company
or the Employer. Optionee further acknowledges that the Company and/or the Employer (1) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Option, including the grant,
vesting or exercise of the Option, the subsequent sale of Shares acquired pursuant to such exercise and the receipt of any dividends; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the
Option to reduce or eliminate Optionee’s liability for Tax-Related Items or achieve any particular tax result. Further, if Optionee becomes subject to taxation in more than one jurisdiction between the Grant Date and the date of any relevant
taxable event, Optionee acknowledges that the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 

11. Compliance with Laws and Regulations. 
 (a) The exercise of this Option and the issuance of the Option Shares upon such exercise shall be subject to compliance by the Company and Optionee with all applicable laws, regulations and rules relating
thereto, including all applicable regulations of any stock exchange (or the Nasdaq Global Select Market, if applicable) on which the Shares may be listed for trading at the time of such exercise and issuance and all applicable foreign laws.

 (b) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be
necessary to the lawful issuance and sale of any Shares pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance or sale of the Shares as to which such approval shall not have been obtained. 

12. Successors and Assigns. Except to the extent otherwise provided in Paragraphs 3, 5 and 6, the provisions of this Agreement shall
inure to the benefit of, and be binding upon, the Company and its successors and assigns and Optionee, Optionee’s assigns and the legal representatives, heirs and legatees of Optionee’s estate. 

  
 6 

 13. Notices. Any notice required or permitted under the terms of this Agreement shall
be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the mail, as certified or registered mail, with postage prepaid, and
addressed to the Company at the Company’s principal corporate offices or to the Optionee at the address maintained for the Optionee in the Company’s records or, in either case, as subsequently modified by written notice to the other party.

 14. Construction. The Notice, this Agreement, and the Option evidenced hereby (a) are made and granted pursuant to
the Plan and are in all respects limited by and subject to the terms of the Plan, and (b) constitute the entire agreement between Optionee and the Company on the subject matter hereof and supercede all proposals, written or oral, and all other
communications between the parties related to the subject matter. All decisions of the Committee with respect to any question or issue arising under the Notice, this Agreement or the Plan shall be conclusive and binding on all persons having an
interest in this Option. The provisions of this 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. 
 15. Governing Law and Forum. This Agreement shall be governed by and construed in accordance with the laws
of the State of California without regard to the conflict of laws principles thereof. For purposes of litigating any dispute that may arise directly or indirectly from this Agreement, the parties hereby submit and consent to litigation in the
exclusive jurisdiction of the State of California and agree that any such litigation shall be conducted only in the courts of California or the federal courts for the United States for the Northern District of California and no other courts.

 16. Excess Shares. If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of Shares
which may without shareholder approval be issued under the Plan, then this Option shall be void with respect to those excess shares, unless shareholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is
obtained in accordance with the provisions of the Plan and all applicable laws, regulations and rules. 
 17. Leave of
Absence. Unless otherwise determined by the Committee, to the extent permitted by local law, the following provisions shall apply upon the Optionee’s commencement of an authorized leave of absence: 

(a) The Exercise Schedule in effect under the Notice shall be frozen as of the first day of the authorized leave, and this Option shall
not become exercisable for any additional installments of the Option Shares during the period Optionee remains on such leave. 

(b) In no event shall this Option become exercisable for any additional Option Shares or otherwise remain outstanding if Optionee does
not resume Service prior to the Expiration Date of the Option term. 

  
 7 

 18. Further Instruments. The parties agree to execute such further instruments and to
take such further action as may be reasonably necessary to carry out the purposes and intent of this Agreement. 
 19.
Authorization to Release and Transfer Necessary Personal Information. 
 (a) Optionee hereby explicitly and
unambiguously consents to the collection, use and transfer, in electronic or other form, of Optionee’s personal information as described in this Agreement by and among, as applicable, the Employer, and the Company and its Parent, Subsidiaries
and Affiliates for the exclusive purpose of implementing, administering and managing Optionee’s participation in the Plan. 
 (b) Optionee understands that the Company and the Employer may hold certain personal information about Optionee, including, but not limited to, Optionee’s name, home address and telephone
number, date of birth, social insurance number (or any other social or national identification number), salary, nationality, job title, residency status, any Shares or directorships held in the Company, details of all options or any other
entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing, administering and managing the Optionee’s participation in the Plan. Optionee understands that Data may
be transferred to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties assisting in the implementation, administration and management of the Plan, that these recipients may be located in Optionee’s country or
elsewhere, including outside the European Economic Area, and that the recipient’s country (e.g., the United States) may have different data privacy laws and protections than Optionee’s country. Optionee understands that Optionee may
request a list with the names and addresses of any potential recipients of the Data by contacting Optionee’s local human resources representative. Optionee authorizes the recipients to receive, possess, use, retain and transfer the Data, in
electronic or other form, for the sole purposes of implementing, administering and managing Optionee’s participation in the Plan, including any requisite transfer of such Data to a broker or other third party assisting with the administration
of the Option under the Plan or with whom Shares acquired pursuant to these Options or cash from the sale of such Shares may be deposited. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Parent,
Subsidiaries or Affiliates, or to any third parties is necessary for your participation in the Plan. 
 (c)
Optionee understands that Data will be held only as long as is necessary to implement, administer and manage Optionee’s participation in the Plan. Optionee understands that Optionee may, at any time, view the Data, request additional
information about the storage and processing of the Data, require any necessary amendments to the Data or refuse or withdraw the consents herein by contacting Optionee’s local human resources representative in writing. Optionee further
acknowledges that withdrawal of consent may affect Optionee’s ability to vest in or realize benefits from the Options, and Optionee’s ability to participate in the Plan. For 

  
 8 

 
more information on the consequences of Optionee’s refusal to consent or withdrawal of consent, Optionee understands that Optionee may contact Optionee’s local human resources
representative. 
 20. No Entitlement or Claims for Compensation. 

(a) Optionee’s rights, if any, in respect of or in connection with this Option or any other Award are derived solely from the
discretionary decision of the Company to permit Optionee to participate in the Plan and to benefit from a discretionary Award. The Plan may be amended, suspended or terminated by the Company at any time, unless otherwise provided in the Plan and
this Agreement. By accepting this Option, Optionee expressly acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to Optionee or benefits in lieu of Options or any other Awards
even if Options have been granted repeatedly in the past. All decisions with respect to future Option grants, if any, will be at the sole discretion of the Committee. 
 (b) This Option and the Shares subject to the Option are not intended to replace any pension rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part
of Optionee’s normal or expected compensation, and in no way represent any portion of Optionee’s salary, compensation or other remuneration for any purpose, including but not limited to, calculating any severance, resignation, termination,
redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and in no event should be considered as compensation for, or relating in any way to, past services for the Company, the
Employer or any Parent, Subsidiary or Affiliate. The value of the Option and the Shares subject to the Option are an extraordinary item that do not constitute compensation of any kind for services of any kind rendered to the Company, the Employer or
any Parent, Subsidiary or Affiliate and which are outside the scope of Optionee’s written employment agreement (if any). 

(c) Optionee acknowledges that he or she is voluntarily participating in the Plan. 

(d) Neither the Plan nor this Option or any other Award granted under the Plan shall be deemed to give Optionee a right to remain an
Employee, Consultant or director of the Company, a Parent, Subsidiary or an Affiliate. The Employer reserves the right to terminate the Service of Optionee at any time, with or without cause, and for any reason, subject to applicable laws, the
Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any). 
 (e) The grant of the Option
and Optionee’s participation in the Plan will not be interpreted to form an employment contract or relationship with the Company, the Employer or any Parent, Subsidiary or Affiliate. 

(f) The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the underlying Shares do not increase
in value, the Option 

  
 9 

 will have no value. If Optionee exercises the Option and obtains Shares, the value of the
Shares acquired upon exercise may increase or decrease in value, even below the Exercise Price. Optionee also understands that neither the Company, nor the Employer or any Parent, Subsidiary or Affiliate is responsible for any foreign exchange
fluctuation between the Employer’s local currency and the United States Dollar that may affect the value of this Option. 

(g) In consideration of the grant of the Option, no claim or entitlement to compensation or damages shall arise from forfeiture of the
Option resulting from termination of Optionee’s Service by the Company or the Employer (for any reason whatsoever and whether or not in breach of local labor laws) and Optionee irrevocably releases the Company and the Employer from any such
claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, Optionee shall be deemed irrevocably to have waived Optionee’s entitlement to pursue such claim. 

(h) Optionee agrees that the Company may require Options granted hereunder be exercised with, and the Option Shares held by, a broker
designated by the Company. 
 (i) Optionee agrees that his or her rights hereunder (if any) shall be subject to set-off by the
Company for any valid debts the Optionee owes to the Company. 
 (j) The Option and the benefits under the Plan, if any, will
not automatically transfer to another company in the case of a merger, take-over or transfer of liability. 
 21. No Advice
Regarding Grant. The Company and the Employer have not provided any tax, legal or financial advice, nor has the Company or the Employer made any recommendations regarding Optionee’s participation in the Plan, or Optionee’s
acquisition or sale of the underlying Shares. Optionee is hereby advised to consult with Optionee’s own personal tax, legal and financial advisors regarding Optionee’s participation in the Plan before taking any action related to the Plan.

 22. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to
Optionee’s current or future participation in the Plan by electronic means or to request Optionee’s consent to participate in the Plan by electronic means. Optionee 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. 
 23. Language. If this Agreement or any other document related to the Plan is translated into a language other then English and the meaning of the translated version is different from
the English version, the English version will take precedence. 
 24. Appendix. Notwithstanding any provisions in this
Agreement, the Option shall be subject to any special terms and conditions set forth in any Appendix to this 

  
 10 

 
Agreement for Optionee’s country of residence. Moreover, if Optionee relocates to one of the countries included in the Appendix, the special terms and conditions for such country will apply
to Optionee, to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Plan. The Appendix constitutes part of this
Agreement. 
 25. Imposition of Other Requirements. The Company reserves the right to impose other requirements on
Optionee’s participation in the Plan, on the Option and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with local law or facilitate the administration of the Plan.
Optionee agrees to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. Furthermore, Optionee acknowledges that the laws of the country in which Optionee is working at the time of grant, vesting and
exercise of the Option or the sale of Shares received pursuant to this Agreement (including any rules or regulations governing securities, foreign exchange, tax, labor, or other matters) may subject Optionee to additional procedural or regulatory
requirements that Optionee is and will be solely responsible for and must fulfill. 

  
 11 

 CISCO SYSTEMS, INC. 

STOCK GRANT AGREEMENT 
 This Stock Grant Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation (the
“Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Grant Award are as follows: 

 

			
	Employee ID:	 	 
		
	Grant Date:	 	 
		
	Grant Number:	 	 
		
	Restricted Shares:	 	 

			
		
	First Vest Date:	  	                    , 20     (the first
annual anniversary of the vesting commencement date)

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them
in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Shares. Pursuant to the Plan, the Company hereby transfers to you, and you hereby accept from the Company, a Stock Grant Award consisting of the Restricted Shares, on
the terms and conditions set forth herein and in the Plan. 
 2. Vesting of Restricted Shares. So long as your Service
continues, the Restricted Shares shall vest in accordance with the following schedule:                      percent
(    %) of the total number of Restricted Shares issued pursuant to this Agreement shall vest on the First Vest Date and on each annual anniversary thereafter, unless otherwise provided by the Plan or Section 3 below. In
the event of the termination of your Service for any reason, all unvested Restricted Shares shall be immediately forfeited without consideration. For purposes of facilitating the enforcement of the provisions of this Section 2, the Company may issue
stop-transfer instructions on the Restricted Shares to the Company’s transfer agent, or otherwise hold the Restricted Shares in escrow, until the Restricted Shares have vested and you have satisfied all applicable obligations with respect to
the Restricted Shares, including any applicable tax withholding obligations set forth in Section 5 below. Any new, substituted or additional securities or other property which is issued or distributed with respect to the unvested Restricted Shares
shall be subject to the same terms and conditions as are applicable to the unvested Restricted Shares under this Agreement and the Plan. 

3. Special Acceleration. 
 (a) To the extent the Restricted Shares are outstanding at the time of a Corporate Transaction, but not otherwise fully vested, such Restricted Shares shall automatically accelerate immediately prior to
the effective date of the Corporate Transaction and shall become vested in full at that time. No such acceleration, however, shall occur if 

 and to the extent: (i) this Stock Grant Agreement is, in connection with the Corporate
Transaction, assumed by the successor corporation (or parent thereof), or (ii) the Restricted Shares are replaced with a cash incentive program of the successor corporation which preserves the Fair Market Value of the Restricted Shares at the time
of the Corporate Transaction and provides for subsequent pay-out in accordance with the vesting schedule set forth in Section 2 above. 
 (b) Immediately following the effective date of the Corporate Transaction, this Stock Grant Agreement shall terminate and cease to be outstanding, except to the extent assumed by the successor corporation
(or parent thereof) in connection with the Corporate Transaction. 
 (c) If this Stock Grant Agreement is assumed in connection
with a Corporate Transaction, then the Committee shall appropriately adjust the number of shares and the kind of shares or securities covered by this Stock Grant Agreement immediately after such Corporate Transaction. 

(d) To the extent the Restricted Shares are outstanding at the time of a Change in Control but not otherwise fully vested, such
Restricted Shares shall automatically accelerate immediately prior to the effective date of the Change in Control and shall become vested in full at that time. 
 (e) This Stock Grant Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate,
dissolve, liquidate, sell or transfer all or any part of its business or assets. 
 4. Restriction on Election to Recognize Income
in the Year of Grant. Under Section 83 of the Code, the Fair Market Value of the Restricted Shares on the date the Restricted Shares vest will be taxable as ordinary income at that time. You understand, acknowledge and agree that, as a
condition to the grant of this Award, you may not elect to be taxed at the time the Restricted Shares are acquired by filing an election under Section 83(b) of the Code with the Internal Revenue Service. 

5. Withholding Taxes. You agree to make arrangements satisfactory to the Company for the satisfaction of any applicable withholding
tax obligations that arise in connection with the Restricted Shares which, at the sole discretion of the Company, may include (i) having the Company withhold Shares from the Restricted Shares held in escrow, or (ii) any other arrangement approved by
the Company, in any case, equal in value to the amount necessary to satisfy any such withholding tax obligation. Such Shares shall be valued based on the Fair Market Value as of the day prior to the date that the amount of tax to be withheld is to
be determined under applicable law. The Company shall not be required to release the Restricted Shares from the stop-transfer instructions or escrow unless and until such obligations are satisfied. 

6. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties or representations to you with respect
to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax consequences. 

  
 2 

 YOU UNDERSTAND THAT THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX
ADVISOR REGARDING ANY STOCK GRANT AWARD. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER PENALTIES. 
 7. Non-Transferability of Restricted Shares. Restricted Shares which have not vested pursuant to Section 2 above shall not be anticipated, assigned, attached, garnished, optioned,
transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by the operation of law. However, this Section 7 shall not preclude you from designating a beneficiary who will receive any vested Restricted Shares
in the event of the your death, nor shall it preclude a transfer of vested Restricted Shares by will or by the laws of descent and distribution. 
 8. Restriction on Transfer. Regardless of whether the transfer or issuance of the Restricted Shares has been registered under the Securities Act or has been registered or qualified
under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Restricted Shares (including the placement of appropriate legends on stock certificates and the issuance of
stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions of the Securities Act, the
securities laws of any state, or any other law. 
 9. Stock Certificate Restrictive Legends. Stock certificates
evidencing the Restricted Shares may bear such restrictive legends as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 
 10. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the Company’s counsel deem it necessary or advisable in the
exercise of their discretion, the transfer or issuance of the Restricted Shares may be conditioned upon you making certain representations, warranties, and acknowledgments relating to compliance with applicable securities laws. 

11. Voting and Other Rights. Subject to the terms of this Agreement, you shall have all the rights and privileges of a shareholder
of the Company while the Restricted Shares are subject to stop-transfer instructions, or otherwise held in escrow, including the right to vote and to receive dividends (if any). 
 12. Authorization to Release Necessary Personal Information. 

(a) You hereby authorize and direct your employer to collect, use and transfer in electronic or other form, any personal information (the
“Data”) regarding your employment, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but not limited to, your name, home address, telephone number, date of birth, social
security number (or any other social or national identification number), salary, nationality, job title, number of Shares held and the details of all Awards or any other entitlement to Shares awarded, cancelled, exercised, vested, unvested or
outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the Company or 

  
 3 

 
any of its Subsidiaries, or to any third parties assisting in the implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party
assisting with the administration of this Stock Grant Award under the Plan or with whom Shares acquired pursuant to this Stock Grant Award or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be
located in different countries, and those countries may have data privacy laws and protections different from those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of
its Subsidiaries, or to any third parties is necessary for your participation in the Plan. 
 (b) You may at any time withdraw
the consents herein by contacting your local human resources representative in writing. You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from this Stock Grant Award, and your ability to
participate in the Plan. 
 13. No Entitlement or Claims for Compensation. 

(a) Your rights, if any, in respect of or in connection with this Stock Grant Award or any other Award is derived solely from the
discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Stock Grant Award, you expressly acknowledge that there is no obligation on the part of the Company to
continue the Plan and/or grant any additional Awards to you. This Stock Grant Award is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a
your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. 
 (b) Neither the Plan nor this Stock Grant Award or any other Award granted under the Plan shall be deemed to give you a right to remain an Employee, Consultant or director of the Company, a Parent, a
Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles
of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office,
tort or otherwise with respect to the Plan, this Stock Grant Award or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 
 (c) You agree that the Company may require that Restricted Shares be held by a broker designated by the Company. In addition, you agree that your rights hereunder shall be subject to set-off by the
Company for any valid debts you owe the Company. 
 14. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of California without regard to the conflict of laws principles thereof. 
 15.
Notices. Any notice required or permitted under the terms of this Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by 

  
 4 

 
confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the Company at the
Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party. 

16. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and inure to the
benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 
 17.
Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all
other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 5 

 CISCO SYSTEMS, INC. 

PERFORMANCE-BASED STOCK UNIT AGREEMENT 
 This Performance-Based Stock Unit Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation (the
“Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Unit Award are as follows: 

 

					
	Employee ID:	  	 	  	
			
	Grant Date:	  	 	  	
			
	Grant Number:	  	 	  	
			
	 Target Amount of

Performance-Based Stock Units:  
	  	 	  	
			
	Vest Date:	  	 	  	

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning
ascribed to them in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 

In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows:

 1. Performance-Based Stock Units. Pursuant to the Plan, the Company hereby grants to you, [subject to the
approval by the stockholders of the Company of the amendment and restatement of the Plan,] and you hereby accept from the Company, Performance-Based Stock Units, each of which is a bookkeeping entry representing the equivalent in value of one
(1) Share, on the terms and conditions set forth herein and in the Plan. The Target Amount of Performance-Based Stock Units stated above reflects the target number of Performance-Based Stock Units (the “Target Amount”). The number of
Performance-Based Stock Units ultimately paid out to you will range from             % to             % of the
Target Amount as determined based upon the Company’s performance during the performance period against the performance goals as set forth in Exhibit A. 
 2. Vesting of Performance-Based Stock Units. So long as your Service continues and subject to, and to the extent of, the satisfaction of the performance goals as set forth in Exhibit
A, the Performance-Based Stock Units shall vest in accordance with the following schedule:
                                
(            %) of the total number of Performance-Based Stock Units earned, if any, pursuant to the satisfaction of the performance goals in Exhibit A shall vest on the
Vest Date, unless otherwise provided by the Plan or Sections 3(b) or 4 below. If you take a leave of absence, the Company may, at its discretion and to the extent permitted under applicable local law, either suspend vesting during the period of
leave or pro-rate the Performance-Based Stock Units, notwithstanding the Company’s Vesting Policy for Leaves of Absence. Prior to the time 

 
that the Performance-Based Stock Units are settled, you shall have no rights other than those of a general creditor of the Company. The Performance-Based Stock Units represent an unfunded and
unsecured obligation of the Company. 
 3. Termination of Service. 

(a) Except as otherwise provided in Section 3(b) below or Section 4, in the event of the termination of your Service for any
reason (whether or not in breach of local labor laws), all unvested Performance-Based Stock Units shall be immediately forfeited without consideration. For purposes of the preceding sentence, your right to vest in the Performance-Based Stock Units
will terminate effective as of the date that you are no longer actively providing Service (or earlier upon your “Separation from Service” within the meaning of Code Section 409A) and will not be extended by any notice period mandated
under local law (e.g., active Service would not include a period of “garden leave” or similar period pursuant to local law); the Company shall have the exclusive discretion to determine when you are no longer actively providing
Service for purposes of the Performance-Based Stock Units. 
 (b) In the event that you resign or your Service is terminated for
any reason other than Cause on or after the date that (x) you have attained at least                         
(            ) years of age and (y) your years of Service is at least equal to
                         (            ), and so long
such resignation or the termination of your Service occurs no earlier than the                  anniversary of the Grant Date (the satisfaction of the
aforementioned conditions is referred to herein as “Retirement”1), all unvested Performance-Based Stock Units may be earned pursuant to the satisfaction of the performance goals in Exhibit A, shall vest in accordance with the vesting schedule set forth in
Section 2 above determined as if your Service had continued and shall be settled in accordance with Section 5(a); provided that any unsettled or unvested Performance-Based Stock Units shall be forfeited without consideration immediately
upon the breach of any of the following conditions: 
 (i) Unless prohibited by applicable law, you shall render, as an
independent advisor or consultant and not as an Employee, such advisory or consulting services to the Company (or any Parent, Subsidiary or Affiliate) as shall reasonably be requested by the Company (or any Parent, Subsidiary or Affiliate), and such
services shall not be terminated for Cause (for purposes of clarity, any request to provide such advisory or consulting services to the Company (or any Parent, Subsidiary or Affiliate) shall not be considered a continuation of “Service”
unless the Company specifically provides that the continuation of services is a continuation of “Service” for purposes of this Section 3(b)). 
 (ii) For a period of              (        ) beginning on the date of your termination of
Service or during any period in which you provide independent advisory or consulting services to the Company (or any Parent, Subsidiary or Affiliate), you shall not directly or indirectly, individually or on behalf of other persons or entities,
intentionally solicit or induce (a) any 
  
  

	1 	 If you are subject to the employment protections of a country within the European Economic Area because you reside in such country or are otherwise subject thereto, “Retirement” shall mean your
years of Service is at least equal to                         
(            ), regardless of your age, and the provisions concerning Retirement shall apply to you so long as the termination of your Service occurs no earlier than the one-year
anniversary of the Grant Date. In all cases, years of Service shall be determined based on the date you originally provided Service. If you previously terminated Service, but subsequently returned to Service prior to the Grant Date, you will receive
credit for your prior Service. 

  
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employee of the Company (or any Parent, Subsidiary or Affiliate) to leave the employee’s employment in order to accept employment with another person or entity or (b) any customer of
the Company (or any Parent, Subsidiary or Affiliate) with whom you have worked in your capacity as an Employee prior to your termination of Service whose identity and/or any related information constitutes protected trade secrets (with such
customers determined as of the date of the termination of your Service, to retain or use any other person or entity for the purpose of rendering services in competition with the Company (or any Parent, Subsidiary or Affiliate) or to purchase
products from any business which, in the opinion of the Company (or any Parent, Subsidiary or Affiliate), competes with or is in conflict with the interests of the Company (or any Parent, Subsidiary or Affiliate), in either case, unless these
restrictions are prohibited (whether in whole or in part) by applicable law. 
 (iii) For a period of
         (        ) beginning on the date of your termination of Service or during any period in which you provide independent advisory or consulting
services to the Company (or any Parent, Subsidiary or Affiliate), you shall not render services for any organization or engage directly or indirectly in any business which, in the opinion of the Company, competes with or is in conflict with the
interests of the Company (or any Parent, Subsidiary or Affiliate), unless this restriction is prohibited by applicable law. 

(iv) You shall not, without prior written authorization from the Company, use or disclose any confidential information or trade secrets
concerning the Company (or any Parent, Subsidiary or Affiliate), in each case as determined by the Committee, and the Committee’s determination shall be conclusive and binding. 

(c) Notwithstanding any provisions to the contrary in this Agreement, in the event of the termination of your Service for Cause or in the
event of the termination for Cause of any independent advisory or consulting services you may be providing as described in Section 3(b)(i), any unsettled or unvested Performance-Based Stock Units shall terminate and be forfeited immediately
without consideration. 
 4. Special Acceleration. 

(a) To the extent the Performance-Based Stock Units are outstanding at the time of a Corporate Transaction, such Performance-Based Stock
Units shall automatically become vested in full at the Target Amount immediately prior to the effective date of the Corporate Transaction and settled in accordance with Section 5 below. No such accelerated vesting, however, shall occur if and
to the extent: (i) these Performance-Based Stock Units are, in connection with the Corporate Transaction, either assumed by the successor corporation (or parent thereof) or replaced with comparable performance-based stock units of the successor
corporation (or parent thereof), in each case, having a minimum payout equal to the Target Amount and preserving the settlement provisions set forth in Section 5 below or (ii) these Performance-Based Stock Units are replaced with a cash
incentive program of the successor corporation which complies with Code Section 409A and, at a minimum, preserves the fair market value of the Performance-Based Stock Units at the time of the Corporate Transaction (based on the Target Amount)
and provides for subsequent pay-out in accordance with the settlement provisions set forth in Section 5 below. The determination of the comparability of 

  
 3 

 
performance-based stock units under clause (i) shall be made by the Committee, and such determination shall be final, binding and conclusive. 

(b) Immediately following the effective date of the Corporate Transaction, this Agreement shall terminate and cease to be outstanding,
except as set forth in Section 5 below with respect to the settlement of Performance-Based Stock Units or to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 

(c) If this Agreement is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of
units and the kind of shares or securities to be issued pursuant to this Agreement immediately after such Corporate Transaction. 
 (d) To the extent the Performance-Based Stock Units are outstanding at the time of a Change in Control, such Performance-Based Stock Units shall automatically accelerate immediately prior to the effective
date of the Change in Control and shall become vested in full at the Target Amount at that time and settled in accordance with Section 5 below. 
 (e) This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve,
liquidate, sell or transfer all or any part of its business or assets. 
 5. Settlement of Performance-Based Stock
Units. 
 (a) General Settlement Terms. The Performance-Based Stock Units, to the extent earned and vested
hereunder (including, without limitation by reason of Retirement), shall be automatically settled in Shares on the Vest Date (which constitutes a fixed payment date for purposes of Code Section 409A) or, if earlier, upon the earliest to occur
of the settlement events set forth below or in the Company’s Vesting Acceleration Policy for Death and Terminal Illness; it being understood that nothing herein shall limit the Company’s ability to amend or terminate such policy in its
sole discretion and without your consent. 
 (b) Corporate Transaction. If, as of the Grant Date, you have not satisfied
and it is not possible for you to satisfy the age and Service Retirement conditions with respect to this Performance-Based Stock Unit award and this Performance-Based Stock Unit award is not assumed or replaced as described in Section 4(a) in
connection with a Corporate Transaction, then the Performance-Based Stock Units shall be automatically settled in Shares immediately prior to the effective date of the Corporate Transaction instead of on the Vest Date. 

(c) Change in Control. In the event a Change in Control is consummated prior to the Vest Date and such Change in Control is a
permissible distribution event under Code Section 409A, the Performance-Based Stock Units shall be automatically settled in Shares immediately prior to the effective date of the Change in Control. In the event such Change in Control is not a
permissible distribution event under Code Section 409A, the Performance-Based Stock Units shall be automatically settled in Shares upon the earlier of (i) the Vest Date or (ii) your Separation from Service that occurs immediately
prior to or at any time after such Change in Control. Notwithstanding the foregoing, if, as of the Grant Date, you have not satisfied and it is not possible for you to satisfy the age and Service Retirement conditions with respect to this

  
 4 

 
Performance-Based Stock Unit award, then such settlement shall in all cases occur immediately prior the effective date of the Change in Control. 

(d) The Company shall have no obligation to issue Shares pursuant to this Agreement unless and until you have satisfied any applicable
tax and/or other obligations pursuant to Section 6 below and such issuance otherwise complies with all applicable law. 

(e) Notwithstanding anything in this Section 5 or in this Agreement, to the extent your Performance-Based Stock Units would
otherwise be settled upon your Separation from Service, such settlement shall instead occur upon the Company’s first business day following the six-month anniversary of your Separation from Service. 

6. Taxes. 
 (a) Regardless of any action the Company or your employer (the “Employer”) takes with respect to any and all income tax, social taxes or insurance contributions, payroll tax, payment on account
or other tax-related items related to your participation in the Plan and legally applicable to you (“Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related Items with respect to the Performance-Based Stock
Units is and remains your responsibility and may exceed the amount actually withheld by the Company or the Employer. You further acknowledge that the Company and/or the Employer (i) make no representations or undertakings regarding the
treatment of any Tax-Related Items in connection with any aspect of the Performance-Based Stock Units, including the grant, vesting or settlement of the Performance-Based Stock Units, or the subsequent sale of any Shares acquired at vesting or the
receipt of any dividends with respect to such Shares; and (ii) do not commit to and are under no obligation to structure the terms or any aspect of the Performance-Based Stock Units to reduce or eliminate your liability for Tax-Related Items or
achieve any particular tax result. Further, if you become subject to taxation in more than one jurisdiction between the Grant Date and the date of any relevant taxable event, you acknowledge that the Company and/or the Employer (or former employer,
as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 
 (b) Prior to any
relevant tax, withholding or required deduction event, as applicable, you agree to make arrangements satisfactory to the Company for the satisfaction of any applicable tax, withholding, required deduction and payment on account obligations of the
Company and/or the Employer that arise in connection with the Performance-Based Stock Units. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy any obligations related to
Tax-Related Items by one or a combination of the following: (1) withholding from your wages or other cash compensation payable to you by the Company or the Employer; (2) withholding from proceeds of the sale of Shares acquired upon
settlement of the Performance-Based Stock Units either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); (3) withholding of Shares that would otherwise be issued upon
settlement of the Performance-Based Stock Units; or (4) requiring you to satisfy the liability for Tax-Related Items by means of any other arrangement approved by the Company. If the obligation for Tax-Related Items is satisfied by withholding
of Shares, for tax purposes, you are deemed to have been issued the full number of Shares subject to the vested Performance-Based Stock Units, notwithstanding that a number of 

  
 5 

 
the Shares are held back solely for the purpose of paying the Tax-Related Items due as a result of any aspect of your participation in the Plan. To avoid financial accounting charges under
applicable accounting guidance, the Company may withhold or account for Tax-Related Items by considering applicable minimum statutory rates or may take any other action required to avoid financial accounting charges under applicable accounting
guidance. 
 (c) Finally, you will pay to the Company or the Employer any amount of Tax-Related Items that the Company or the
Employer may be required to withhold or account for as a result of your participation in the Plan or your acquisition of Shares that cannot be satisfied by the means previously described. The Company shall not be required to issue or deliver Shares
pursuant to this Agreement unless and until such obligations are satisfied. 
 7. Tax and Legal Advice. You
represent, warrant and acknowledge that neither the Company nor your Employer have made any warranties or representations to you with respect to any Tax-Related Items, legal or financial consequences of the transactions contemplated by this
Agreement, and you are in no manner relying on the Company, your Employer’s or the Company’s or the Employer’s representatives for an assessment of such consequences. YOU UNDERSTAND THAT THE LAWS GOVERNING THIS AWARD ARE SUBJECT TO
CHANGE. YOU SHOULD CONSULT YOUR OWN PROFESSIONAL TAX, LEGAL AND FINANCIAL ADVISOR REGARDING ANY PERFORMANCE-BASED STOCK UNITS. YOU UNDERSTAND THAT THE COMPANY AND YOUR EMPLOYER ARE NOT PROVIDING ANY TAX, LEGAL, OR FINANCIAL ADVICE, NOR IS THE
COMPANY OR YOUR EMPLOYER MAKING ANY RECOMMENDATION REGARDING YOUR ACCEPTANCE OF THIS AWARD. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER OR OTHER PENALTIES. 

8. Non-Transferability of Performance-Based Stock Units. Performance-Based Stock Units shall not be anticipated, assigned,
attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 9. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Performance-Based Stock Units has been registered under the Securities
Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock
certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions
of the Securities Act, the securities laws of any state, or any other law including all applicable foreign laws. 
 10.
Restrictive Legends and Stop-Transfer Instructions. Stock certificates evidencing the Shares issued pursuant to the Performance-Based Stock Units may bear such restrictive legends and/or appropriate stop-transfer instructions may be
issued to the Company’s transfer agent as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 

  
 6 

 11. Representations, Warranties, Covenants, and Acknowledgments. You hereby
agree that in the event the Company and the Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Performance-Based Stock Units may be conditioned
upon you making certain representations, warranties, and acknowledgments relating to compliance with applicable laws. 
 12.
Voting and Other Rights. Subject to the terms of this Agreement, you shall not have any voting rights or any other rights and privileges of a stockholder of the Company unless and until the Performance-Based Stock Units are settled in
Shares. In addition, you shall not have any rights to dividend equivalent payments with respect to Performance-Based Stock Units. 
 13. Authorization to Release and Transfer Necessary Personal Information. 
 (a) You hereby explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of your personal information as described in this Agreement by and
among, as applicable, the Employer, and the Company and its Parent, Subsidiaries and Affiliates for the exclusive purpose of implementing, administering and managing your participation in the Plan. 

(b) You understand that the Company and the Employer may hold certain personal information about you, including, but
not limited to, your name, home address and telephone number, date of birth, social insurance number (or any other social or national identification number), salary, nationality, job title, residency status, any Shares or directorships held in the
Company, details of all Performance-Based Stock Units or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing, administering and managing your
participation in the Plan. You understand that Data may be transferred to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties assisting in the implementation, administration and management of the Plan, that these
recipients may be located in your country or elsewhere, including outside the European Economic Area, and that the recipient’s country (e.g., the United States) may have different data privacy laws and protections than your country. You
understand that you may request a list with the names and addresses of any potential recipients of the Data by contacting your local human resources representative. You authorize the recipients to receive, possess, use, retain and transfer the Data,
in electronic or other form, for the sole purposes of implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data to a broker or other third party assisting with the administration of these
Performance-Based Stock Units under the Plan or with whom Shares acquired pursuant to these Performance-Based Stock Units or cash from the sale of such Shares may be deposited. Furthermore, you acknowledge and understand that the transfer of the
Data to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties is necessary for your participation in the Plan. 
 (c) You understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that you may, at any time,
view the Data, request additional information about the storage and processing of the Data, require any necessary amendments to the Data or refuse or withdraw the consents herein by contacting your local human resources representative in writing.
You 

  
 7 

 
further acknowledge that withdrawal of consent may affect your ability to vest in or realize benefits from these Performance-Based Stock Units, and your ability to participate in the Plan. For
more information on the consequences of your refusal to consent or withdrawal of consent, you understand that you may contact your local human resources representative. 

14. No Entitlement or Claims for Compensation. 
 (a) Your rights, if any, in respect of or in connection with these Performance-Based Stock Units or any other Award are derived solely from the discretionary decision of the Company to permit you to
participate in the Plan and to benefit from a discretionary Award. The Plan may be amended, suspended or terminated by the Company at any time, unless otherwise provided in the Plan and this Agreement. By accepting these Performance-Based Stock
Units, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Performance-Based Stock Units to you or benefits in lieu of Restricted Stock Units, even if Performance-Based
Stock Units have been granted repeatedly in the past. All decisions with respect to future grants of Performance-Based Stock Units, if any, will be at the sole discretion of the Committee. 

(b) The Performance-Based Stock Units and the Shares subject to the Performance-Based Stock Units are not intended to replace any pension
rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represent any portion of your salary, compensation or other remuneration for any
purpose, including but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and in no event should be
considered as compensation for, or relating in any way to, past services for the Company, the Employer or any Parent, Subsidiary or Affiliate. The value of the Performance-Based Stock Units is an extraordinary item that does not constitute
compensation of any kind for services of any kind rendered to the Company, the Employer or any Parent, Subsidiary or Affiliate and which is outside the scope of your written employment agreement (if any). 

(c) You acknowledge that you are voluntarily participating in the Plan. 

(d) Neither the Plan nor these Performance-Based Stock Units or any other Award granted under the Plan shall be deemed to give you a
right to remain an Employee, Consultant or director of the Company, a Parent, Subsidiary or an Affiliate. The Employer reserves the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws,
the Company’s Articles of Incorporation and Bylaws, and a written employment agreement (if any). 
 (e) The grant of the
Performance-Based Stock Units and your participation in the Plan will not be interpreted to form an employment contract or relationship with the Company, the Employer or any Parent, Subsidiary or Affiliate. 

(f) The future value of the underlying Shares is unknown and cannot be predicted with certainty and if you vest in the Performance-Based
Stock Units and are issued Shares, the value of those Shares may increase or decrease. You also understand that neither the 

  
 8 

 
Company, nor the Employer or any Parent, Subsidiary or Affiliate is responsible for any foreign exchange fluctuation between your Employer’s local currency and the United States Dollar that
may affect the value of this Award. 
 (g) In consideration of the grant of the Performance-Based Stock Units, no claim or
entitlement to compensation or damages shall arise from forfeiture of the Performance-Based Stock Units resulting from termination of your Service by the Company or the Employer (for any reason whatsoever and whether or not in breach of local labor
laws) or from the Company’s determination that performance goals have not been satisfied in whole or in part and you irrevocably release the Company and the Employer from any such claim that may arise; if, notwithstanding the foregoing, any
such claim is found by a court of competent jurisdiction to have arisen, you shall be deemed irrevocably to have waived your entitlement to pursue such claim. 
 (h) You agree that the Company may require Shares received pursuant to the Performance-Based Stock Units to be held by a broker designated by the Company. 

(i) You agree that your rights hereunder (if any) shall be subject to set-off by the Company for any valid debts you owe the Company.

 (j) The Performance-Based Stock Units and the benefits under the Plan, if any, will not automatically transfer to another
company in the case of a merger, take-over or transfer of liability. 
 15. Governing Law and Forum. This
Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws principles thereof. For purposes of litigating any dispute that may arise directly or indirectly from this
Agreement, the parties hereby submit and consent to litigation in the exclusive jurisdiction of the State of California and agree that any such litigation shall be conducted only in the courts of California or the federal courts for the United
States for the Northern District of California and no other courts. 
 16. Notices. Any notice required or
permitted under the terms of this Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the mail, as certified or
registered mail, with postage prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written
notice to the other party. 
 17. Binding Effect. Subject to the limitations set forth in this Agreement, this
Agreement shall be binding upon, and inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 
 18. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent of the
parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 9 

 19. Electronic Delivery. The Company may, in its sole discretion, decide to
deliver any documents related to your current or future participation in the Plan by electronic means or to request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and
agree 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. 
 20. Language. If this Agreement or any other document related to the Plan is translated into a language other than English and the meaning of the translated version is different from the
English version, the English version will take precedence. 
 21. Appendix. Notwithstanding any provisions in this
Agreement, the Performance-Based Stock Units shall be subject to any special terms and conditions set forth in any Appendix to this Agreement for your country of residence. Moreover, if you relocate to one of the countries included in the Appendix,
the special terms and conditions for such country will apply to you, to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration
of the Plan. The Appendix constitutes part of this Agreement. 
 22. Imposition of Other Requirements. The
Company reserves the right to impose other requirements on your participation in the Plan, on the Performance-Based Stock Units and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to
comply with local law or facilitate the administration of the Plan. You agree to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. Furthermore, you acknowledge that the laws of the country in which you
are working at the time of grant, vesting and settlement of the Performance-Based Stock Units or the sale of Shares received pursuant to this Agreement (including any rules or regulations governing securities, foreign exchange, tax, labor, or other
matters) may subject you to additional procedural or regulatory requirements that you are and will be solely responsible for and must fulfill. 
 23. Acceptance of Agreement. You must expressly accept the terms and conditions of your Performance-Based Stock Units as set forth in this Agreement by electronically accepting this
Agreement within 300 days after the Company sends this Agreement to you. If you do not accept your Performance-Based Stock Units in the manner instructed by the Company, your Performance-Based Stock Units will be subject to cancellation. 

*    *    *    * 

You acknowledge that by clicking on the I agree button below, you agree to be bound by the terms of this Agreement.

 PLEASE PRINT AND KEEP A COPY FOR YOUR RECORDS 

  
 10 

 CISCO SYSTEMS, INC. 

STOCK UNIT AGREEMENT 
 This Stock Unit Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation
(the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Unit Award are as follows: 

 

					
	Employee ID:	  	 	  	
			
	Grant Date:	  	 	  	
			
	Grant Number:	  	 	  	
			
	Restricted Stock Units:	  	 	  	
			
	First Vest Date:  	  	 	  	

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning
ascribed to them in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 

In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows:

 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from
the Company, Restricted Stock Units, each of which is a bookkeeping entry representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 

2. Vesting of Restricted Stock Units. So long as your Service continues, the Restricted Stock Units shall vest in
accordance with the following schedule:                  (    %) of the total number of Restricted Stock Units granted pursuant to
this Agreement shall vest on the First Vest Date and on each          anniversary thereafter, unless otherwise provided by the Plan or Section 4 below. If you take a leave of absence, the Company
may, at its discretion, suspend vesting during the period of leave to the extent permitted under applicable local law. Prior to the time that the Restricted Stock Units are settled, you shall have no rights other than those of a general creditor of
the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 
 3. Termination
of Service. In the event of the termination of your Service for any reason (whether or not in breach of local labor laws), all unvested Restricted Stock Units shall be immediately forfeited without consideration. For purposes of the
preceding sentence, your right to vest in the Restricted Stock Units will terminate effective as of the date that you are no longer 

 
actively providing Service and will not be extended by any notice period mandated under local law (e.g., active Service would not include a period of “garden leave” or similar
period pursuant to local law); the Company shall have the exclusive discretion to determine when you are no longer actively providing Service for purposes of the Restricted Stock Units. 

4. Special Acceleration. 
 (a) To the extent the Restricted Stock Units are outstanding at the time of a Corporate Transaction, such Restricted Stock Units shall automatically become vested in full immediately prior to the
effective date of the Corporate Transaction. No such accelerated vesting, however, shall occur if and to the extent: (i) these Restricted Stock Units are, in connection with the Corporate Transaction, either assumed by the successor corporation
(or parent thereof) or replaced with comparable restricted stock units of the successor corporation (or parent thereof) or (ii) these Restricted Stock Units are replaced with a cash incentive program of the successor corporation which complies
with Code Section 409A and preserves the fair market value of the Restricted Stock Units at the time of the Corporate Transaction and provides for subsequent pay-out in accordance with the settlement provisions set forth in Section 5
below. The determination of the comparability of restricted stock units under clause (i) shall be made by the Committee, and such determination shall be final, binding and conclusive. 

(b) Immediately following the effective date of the Corporate Transaction, this Agreement shall terminate and cease to be outstanding,
except as set forth in Section 5 below with respect to the deferred settlement of Restricted Stock Units or to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 

(c) If this Agreement is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of
units and the kind of shares or securities to be issued pursuant to this Agreement immediately after such Corporate Transaction. 
 (d) To the extent the Restricted Stock Units are outstanding at the time of a Change in Control, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the
Change in Control and shall become vested in full at that time and settled in accordance with Section 5 below. 
 (e) This
Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or
assets. 
 5. Settlement of Restricted Stock Units. To the extent you are eligible but have not elected to defer
settlement of the Restricted Stock Units, the Restricted Stock Units shall be automatically settled in Shares upon vesting of such Restricted Stock Units, provided that the Company shall have no obligation to issue Shares pursuant to this Agreement
unless and until you have satisfied any applicable tax and/or other obligations pursuant to Section 6 below and such issuance otherwise complies with all applicable law. To the extent you are eligible but have elected to defer settlement of the
Restricted Stock Units, the vested portion of the Restricted Stock Units shall be settled in Shares upon the earlier of: (a) your separation from service within the meaning of Code Section 409A (“Separation from Service”) and
(b) the fixed payment date elected by you, if any, at the time of such deferral (which shall be the first business day of a year no earlier than five years 

  
 2 

 
after the year of the Grant Date in accordance with procedures approved by the Committee), provided that the Company shall have no obligation to issue Shares pursuant to this Agreement unless
such issuance complies with all applicable law. Notwithstanding the foregoing, to the extent your Restricted Stock Units would otherwise be settled upon your Separation from Service, such settlement shall instead occur upon the Company’s first
business day following the six-month anniversary of your Separation from Service. 
 6. Taxes. 

(a) Regardless of any action the Company or your employer (the “Employer”) takes with respect to any and all income tax, social
taxes or insurance contributions, payroll tax, payment on account or other tax-related items related to your participation in the Plan and legally applicable to you (“Tax-Related Items”), you acknowledge that the ultimate liability for all
Tax-Related Items with respect to the Restricted Stock Units is and remains your responsibility and may exceed the amount actually withheld by the Company or the Employer. You further acknowledge that the Company and/or the Employer (i) make no
representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Restricted Stock Units, including the grant, vesting or settlement of the Restricted Stock Units, or the subsequent sale of any
Shares acquired at vesting or the receipt of any dividends with respect to such Shares; and (ii) do not commit to and are under no obligation to structure the terms or any aspect of the Restricted Stock Units to reduce or eliminate your
liability for Tax-Related Items or achieve any particular tax result. Further, if you become subject to taxation in more than one jurisdiction between the Grant Date and the date of any relevant taxable event, you acknowledge that the Company and/or
the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 
 (b) Prior to any relevant tax, withholding or required deduction event, as applicable, you agree to make arrangements satisfactory to the Company for the satisfaction of any applicable tax, withholding,
required deduction and payment on account obligations of the Company and/or the Employer that arise in connection with the Restricted Stock Units. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their
discretion, to satisfy any obligations related to Tax-Related Items by one or a combination of the following: (1) withholding from your wages or other cash compensation payable to you by the Company or the Employer; (2) withholding from
proceeds of the sale of Shares acquired upon settlement of the Restricted Stock Units either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); (3) withholding of Shares
that would otherwise be issued upon settlement of the Restricted Stock Units; or (4) requiring you to satisfy the liability for Tax-Related Items by means of any other arrangement approved by the Company. If the obligation for Tax-Related Items
is satisfied by withholding of Shares, for tax purposes, you are deemed to have been issued the full number of Shares subject to the vested Restricted Stock Units, notwithstanding that a number of the Shares are held back solely for the purpose of
paying the Tax-Related Items due as a result of any aspect of your participation in the Plan. To avoid financial accounting charges under applicable accounting guidance, the Company may withhold or account for Tax-Related Items by considering
applicable minimum statutory rates or may take any other action required to avoid financial accounting charges under applicable accounting guidance. 

  
 3 

 (c) Finally, you will pay to the Company or the Employer any amount of Tax-Related Items
that the Company or the Employer may be required to withhold or account for as a result of your participation in the Plan or your acquisition of Shares that cannot be satisfied by the means previously described. The Company shall not be required to
issue or deliver Shares pursuant to this Agreement unless and until such obligations are satisfied. 
 7. Tax and Legal
Advice. You represent, warrant and acknowledge that neither the Company nor your Employer have made any warranties or representations to you with respect to any Tax-Related Items, legal or financial consequences of the transactions
contemplated by this Agreement, and you are in no manner relying on the Company, your Employer’s or the Company’s or the Employer’s representatives for an assessment of such consequences. YOU UNDERSTAND THAT THE LAWS GOVERNING THIS
AWARD ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN PROFESSIONAL TAX, LEGAL AND FINANCIAL ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. YOU UNDERSTAND THAT THE COMPANY AND YOUR EMPLOYER ARE NOT PROVIDING ANY TAX, LEGAL, OR FINANCIAL ADVICE, NOR
IS THE COMPANY OR YOUR EMPLOYER MAKING ANY RECOMMENDATION REGARDING YOUR ACCEPTANCE OF THIS AWARD. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER OR OTHER PENALTIES. 

8. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall not be anticipated, assigned, attached,
garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 9. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted Stock Units has been registered under the Securities Act or
has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock certificates and
the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions of the Securities
Act, the securities laws of any state, or any other law including all applicable foreign laws. 
 10. Restrictive Legends
and Stop-Transfer Instructions. Stock certificates evidencing the Shares issued pursuant to the Restricted Stock Units may bear such restrictive legends and/or appropriate stop-transfer instructions may be issued to the Company’s
transfer agent as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 

11. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the
Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Restricted Stock Units may be conditioned upon you making certain representations, warranties,
and acknowledgments relating to compliance with applicable laws. 

  
 4 

 12. Voting and Other Rights. Subject to the terms of this Agreement, you shall
not have any voting rights or any other rights and privileges of a stockholder of the Company unless and until the Restricted Stock Units are settled in Shares. In addition, you shall not have any rights to dividend equivalent payments with respect
to Restricted Stock Units. 
 13. Authorization to Release and Transfer Necessary Personal Information.

 (a) You hereby explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of
your personal information as described in this Agreement by and among, as applicable, the Employer, and the Company and its Parent, Subsidiaries and Affiliates for the exclusive purpose of implementing, administering and managing your participation
in the Plan. 
 (b) You understand that the Company and the Employer may hold certain personal information about
you, including, but not limited to, your name, home address and telephone number, date of birth, social insurance number (or any other social or national identification number), salary, nationality, job title, residency status, any Shares or
directorships held in the Company, details of all Restricted Stock Units or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing, administering and
managing your participation in the Plan. You understand that Data may be transferred to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties assisting in the implementation, administration and management of the Plan,
that these recipients may be located in your country or elsewhere, including outside the European Economic Area, and that the recipient’s country (e.g., the United States) may have different data privacy laws and protections than your country.
You understand that you may request a list with the names and addresses of any potential recipients of the Data by contacting your local human resources representative. You authorize the recipients to receive, possess, use, retain and transfer the
Data, in electronic or other form, for the sole purposes of implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data to a broker or other third party assisting with the administration of
these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to these Restricted Stock Units or cash from the sale of such Shares may be deposited. Furthermore, you acknowledge and understand that the transfer of the Data to the
Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties is necessary for your participation in the Plan. 
 (c) You understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that you may, at any time, view the Data,
request additional information about the storage and processing of the Data, require any necessary amendments to the Data or refuse or withdraw the consents herein by contacting your local human resources representative in writing. You further
acknowledge that withdrawal of consent may affect your ability to vest in or realize benefits from these Restricted Stock Units, and your ability to participate in the Plan. For more information on the consequences of your refusal to consent or
withdrawal of consent, you understand that you may contact your local human resources representative. 
 14. No
Entitlement or Claims for Compensation. 

  
 5 

 (a) Your rights, if any, in respect of or in connection with these Restricted Stock Units or
any other Award are derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. The Plan may be amended, suspended or terminated by the Company at any time, unless
otherwise provided in the Plan and this Agreement. By accepting these Restricted Stock Units, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Restricted Stock Units to
you or benefits in lieu of Restricted Stock Units, even if Restricted Stock Units have been granted repeatedly in the past. All decisions with respect to future grants of Restricted Stock Units, if any, will be at the sole discretion of the
Committee. 
 (b) The Restricted Stock Units and the Shares subject to the Restricted Stock Units are not intended to replace
any pension rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represent any portion of your salary, compensation or other remuneration
for any purpose, including but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and in no event
should be considered as compensation for, or relating in any way to, past services for the Company, the Employer or any Parent, Subsidiary or Affiliate. The value of the Restricted Stock Units is an extraordinary item that does not constitute
compensation of any kind for services of any kind rendered to the Company, the Employer or any Parent, Subsidiary or Affiliate and which is outside the scope of your written employment agreement (if any). 

(c) You acknowledge that you are voluntarily participating in the Plan. 

(d) Neither the Plan nor these Restricted Stock Units or any other Award granted under the Plan shall be deemed to give you a right to
remain an Employee, Consultant or director of the Company, a Parent, Subsidiary or an Affiliate. The Employer reserves the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the
Company’s Articles of Incorporation and Bylaws, and a written employment agreement (if any). 
 (e) The grant of the
Restricted Stock Units and your participation in the Plan will not be interpreted to form an employment contract or relationship with the Company, the Employer or any Parent, Subsidiary or Affiliate. 

(f) The future value of the underlying Shares is unknown and cannot be predicted with certainty and if you vest in the Restricted Stock
Units and are issued Shares, the value of those Shares may increase or decrease. You also understand that neither the Company, nor the Employer or any Parent, Subsidiary or Affiliate is responsible for any foreign exchange fluctuation between your
Employer’s local currency and the United States Dollar that may affect the value of this Award. 
 (g) In consideration of
the grant of the Restricted Stock Units, no claim or entitlement to compensation or damages shall arise from forfeiture of the Restricted Stock Units 

  
 6 

 
resulting from termination of your Service by the Company or the Employer (for any reason whatsoever and whether or not in breach of local labor laws) and you irrevocably release the Company and
the Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, you shall be deemed irrevocably to have waived your entitlement to pursue such claim.

 (h) You agree that the Company may require Shares received pursuant to the Restricted Stock Units to be held by a broker
designated by the Company. 
 (i) You agree that your rights hereunder (if any) shall be subject to set-off by the Company for
any valid debts you owe the Company. 
 (j) The Restricted Stock Units and the benefits under the Plan, if any, will not
automatically transfer to another company in the case of a merger, take-over or transfer of liability. 
 15. Governing
Law and Forum. This Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws principles thereof. For purposes of litigating any dispute that may arise directly
or indirectly from this Agreement, the parties hereby submit and consent to litigation in the exclusive jurisdiction of the State of California and agree that any such litigation shall be conducted only in the courts of California or the federal
courts for the United States for the Northern District of California and no other courts. 
 16. Notices. Any
notice required or permitted under the terms of this Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the
mail, as certified or registered mail, with postage prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently
modified by written notice to the other party. 
 17. Binding Effect. Subject to the limitations set forth in this
Agreement, this Agreement shall be binding upon, and inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 

18. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted
rather than voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

19. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to your current
or future participation in the Plan by electronic means or to request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and agree 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. 

  
 7 

 20. Language. If this Agreement or any other document related to the Plan is
translated into a language other than English and the meaning of the translated version is different from the English version, the English version will take precedence. 
 21. Appendix. Notwithstanding any provisions in this Agreement, the Restricted Stock Units shall be subject to any special terms and conditions set forth in any Appendix to this Agreement
for your country of residence. Moreover, if you relocate to one of the countries included in the Appendix, the special terms and conditions for such country will apply to you, to the extent the Company determines that the application of such terms
and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Plan. The Appendix constitutes part of this Agreement. 
 22. Imposition of Other Requirements. The Company reserves the right to impose other requirements on your participation in the Plan, on the Restricted Stock Units and on any Shares
acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with local law or facilitate the administration of the Plan. You agree to sign any additional agreements or undertakings that may be
necessary to accomplish the foregoing. Furthermore, you acknowledge that the laws of the country in which you are working at the time of grant, vesting and settlement of the Restricted Stock Units or the sale of Shares received pursuant to this
Agreement (including any rules or regulations governing securities, foreign exchange, tax, labor, or other matters) may subject you to additional procedural or regulatory requirements that you are and will be solely responsible for and must fulfill.

 23. Acceptance of Agreement. You must expressly accept the terms and conditions of your Restricted Stock Units
as set forth in this Agreement by electronically accepting this Agreement within 300 days after the Company sends this Agreement to you. If you do not accept your Restricted Stock Units in the manner instructed by the Company, your Restricted Stock
Units will be subject to cancellation. 
 *    *    *    *

 You acknowledge that by clicking on the I agree button below, you agree to be bound by the terms of this
Agreement. 
 PLEASE PRINT AND KEEP A COPY FOR YOUR RECORDS 

  
 8 

 (For Grants Prior to September 2010) 

CISCO SYSTEMS, INC. 
 STOCK UNIT AGREEMENT 
 This Stock Unit Agreement (the “Agreement”) is made
and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The
material terms of this Stock Unit Award are as follows: 
  

	
	
Employee ID:                     
                                         
                                         
                                         
                                         
                                         
    

	
	
Grant Date:                     
                                         
                                         
                                         
                                         
                                         
        

	
	
Grant Number:                     
                                         
                                         
                                         
                                         
                                         
  

	
	 Restricted Stock
Units:                                        
                                         
                                         
                                         
                                         
                                    

	
	
First Vest Date:                   
                                         
                                         
                                         
                                         
                                       

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them
in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from the Company, Restricted Stock Units, each of which is a bookkeeping entry
representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 
 2.
Vesting of Restricted Stock Units. So long as your Service continues, the Restricted Stock Units shall vest in accordance with the following schedule:
                     percent (    %) of the total number of Restricted Stock Units granted pursuant to this
Agreement shall vest on the First Vest Date and on each                      anniversary thereafter, unless otherwise provided by the Plan or
Section 4 below. If you take a leave of absence, the Company may, at its discretion, suspend vesting during the period of leave to the extent permitted under applicable local law. Prior to the time that the Restricted Stock Units are settled
upon vesting, you shall have no rights other than those of a general creditor of the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 
 3. Termination of Service. In the event of the termination of your Service for any reason (whether or not in breach of local labor laws), all unvested Restricted Stock Units shall be
immediately forfeited without consideration. For purposes of the preceding sentence, your right to vest in the Restricted Stock Units will terminate effective as of the date that you are no longer

 
actively providing Service and will not be extended by any notice period mandated under local law (e.g., active Service would not include a period of “garden leave” or similar
period pursuant to local law); the Company shall have the exclusive discretion to determine when you are no longer actively providing Service for purposes of the Restricted Stock Units. 
 4. Special Acceleration. 
 (a) To the extent the Restricted
Stock Units are outstanding at the time of a Corporate Transaction, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the Corporate Transaction and shall become vested in full at that time. No such
acceleration, however, shall occur if and to the extent: (i) these Restricted Stock Units are, in connection with the Corporate Transaction, either assumed by the successor corporation (or parent thereof) or replaced with comparable restricted
stock units of the successor corporation (or parent thereof) or (ii) these Restricted Stock Units are replaced with a cash incentive program of the successor corporation which preserves the fair market value of the Restricted Stock Units at the
time of the Corporate Transaction and provides for subsequent pay-out in accordance with the vesting schedule set forth in Section 2 above. The determination of the comparability of restricted stock units under clause (i) shall be made by
the Committee, and such determination shall be final, binding and conclusive. 
 (b) Immediately following the effective date of
the Corporate Transaction, this Agreement shall terminate and cease to be outstanding, except to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 

(c) If this Agreement is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of
units and the kind of shares or securities to be issued pursuant to this Agreement immediately after such Corporate Transaction. 
 (d) To the extent the Restricted Stock Units are outstanding at the time of a Change in Control, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the
Change in Control and shall become vested in full at that time. 
 (e) This Agreement shall not in any way affect the right of
the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets. 

5. Settlement of Restricted Stock Units. Restricted Stock Units shall be automatically settled in Shares upon vesting of such
Restricted Stock Units, provided that the Company shall have no obligation to issue Shares pursuant to this Agreement unless and until you have satisfied any applicable tax and/or other obligations pursuant to Section 6 below and such issuance
otherwise complies with all applicable law. 
 6. Taxes. 

(a) Regardless of any action the Company or your employer (the “Employer”) takes with respect to any and all income tax, social
taxes or insurance contributions, payroll tax, payment on account or other tax-related items related to your participation in the Plan and legally 

  
 2 

 
applicable to you (“Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related Items with respect to the Restricted Stock Units is and remains your
responsibility and may exceed the amount actually withheld by the Company or the Employer. You further acknowledge that the Company and/or the Employer (i) make no representations or undertakings regarding the treatment of any Tax-Related Items
in connection with any aspect of the Restricted Stock Units, including the grant, vesting or settlement of the Restricted Stock Units, or the subsequent sale of any Shares acquired at vesting or the receipt of any dividends with respect to such
Shares; and (ii) do not commit to and are under no obligation to structure the terms or any aspect of the Restricted Stock Units to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you
become subject to taxation in more than one jurisdiction between the Grant Date and the date of any relevant taxable event, you acknowledge that the Company and/or the Employer (or former employer, as applicable) may be required to withhold or
account for Tax-Related Items in more than one jurisdiction. 
 (b) Prior to any relevant tax, withholding or required deduction
event, as applicable, you agree to make arrangements satisfactory to the Company for the satisfaction of any applicable tax, withholding, required deduction and payment on account obligations of the Company and/or the Employer that arise in
connection with the Restricted Stock Units. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy any obligations related to Tax-Related Items by one or a combination of the
following: (1) withholding from your wages or other cash compensation payable to you by the Company or the Employer; (2) withholding from proceeds of the sale of Shares acquired upon settlement of the Restricted Stock Units either through
a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); (3) withholding of Shares that would otherwise be issued upon settlement of the Restricted Stock Units; or (4) requiring
you to satisfy the liability for Tax-Related Items by means of any other arrangement approved by the Company. If the obligation for Tax-Related Items is satisfied by withholding of Shares, for tax purposes, you are deemed to have been issued the
full number of Shares subject to the vested Restricted Stock Units, notwithstanding that a number of the Shares are held back solely for the purpose of paying the Tax-Related Items due as a result of any aspect of your participation in the Plan. To
avoid financial accounting charges under applicable accounting guidance, the Company may withhold or account for Tax-Related Items by considering applicable minimum statutory rates or may take any other action required to avoid financial accounting
charges under applicable accounting guidance. 
 (c) Finally, you will pay to the Company or the Employer any amount of
Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of your participation in the Plan or your acquisition of Shares that cannot be satisfied by the means previously described. The Company shall
not be required to issue or deliver Shares pursuant to this Agreement unless and until such obligations are satisfied. 
 7. Tax
and Legal Advice. You represent, warrant and acknowledge that neither the Company nor your Employer have made any warranties or representations to you with respect to any Tax-Related Items, legal or financial consequences of the transactions
contemplated by this Agreement, and you are in no manner relying on the Company, your Employer’s or the Company’s or the Employer’s representatives for an assessment of such consequences. YOU UNDERSTAND THAT THE LAWS GOVERNING THIS
AWARD ARE SUBJECT TO 

  
 3 

 
CHANGE. YOU SHOULD CONSULT YOUR OWN PROFESSIONAL TAX, LEGAL AND FINANCIAL ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. YOU UNDERSTAND THAT THE COMPANY AND YOUR EMPLOYER ARE NOT PROVIDING ANY
TAX, LEGAL, OR FINANCIAL ADVICE, NOR IS THE COMPANY OR YOUR EMPLOYER MAKING ANY RECOMMENDATION REGARDING YOUR ACCEPTANCE OF THIS AWARD. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER
OR OTHER PENALTIES. 
 8. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall not be anticipated,
assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 9. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted Stock Units has been registered under the Securities
Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock
certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions
of the Securities Act, the securities laws of any state, or any other law including all applicable foreign laws. 
 10. Restrictive
Legends and Stop-Transfer Instructions. Stock certificates evidencing the Shares issued pursuant to the Restricted Stock Units may bear such restrictive legends and/or appropriate stop-transfer instructions may be issued to the
Company’s transfer agent as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 

11. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the
Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Restricted Stock Units may be conditioned upon you making certain representations, warranties,
and acknowledgments relating to compliance with applicable laws. 
 12. Voting and Other Rights. Subject to the terms of
this Agreement, you shall not have any voting rights or any other rights and privileges of a stockholder of the Company unless and until the Restricted Stock Units are settled upon vesting. In addition, you shall not have any rights to dividend
equivalent payments with respect to unvested Restricted Stock Units. 
 13. Authorization to Release and Transfer Necessary
Personal Information. 
 (a) You hereby explicitly and unambiguously consent to the collection, use
and transfer, in electronic or other form, of your personal information as described in this Agreement by and among, as applicable, the Employer, and the Company and its Parent, Subsidiaries and Affiliates for the exclusive purpose of implementing,
administering and managing your participation in the Plan. 

  
 4 

 (b) You understand that the Company and the Employer may hold certain
personal information about you, including, but not limited to, your name, home address and telephone number, date of birth, social insurance number (or any other social or national identification number), salary, nationality, job title, residency
status, any Shares or directorships held in the Company, details of all Restricted Stock Units or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing,
administering and managing your participation in the Plan. You understand that Data may be transferred to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties assisting in the implementation, administration and
management of the Plan, that these recipients may be located in your country or elsewhere, including outside the European Economic Area, and that the recipient’s country (e.g., the United States) may have different data privacy laws and
protections than your country. You understand that you may request a list with the names and addresses of any potential recipients of the Data by contacting your local human resources representative. You authorize the recipients to receive, possess,
use, retain and transfer the Data, in electronic or other form, for the sole purposes of implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data to a broker or other third party
assisting with the administration of these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to these Restricted Stock Units or cash from the sale of such Shares may be deposited. Furthermore, you acknowledge and understand
that the transfer of the Data to the Company or any of its Parent, Subsidiaries or Affiliates, or to any third parties is necessary for your participation in the Plan. 
 (c) You understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that you may, at any time,
view the Data, request additional information about the storage and processing of the Data, require any necessary amendments to the Data or refuse or withdraw the consents herein by contacting your local human resources representative in writing.
You further acknowledge that withdrawal of consent may affect your ability to vest in or realize benefits from these Restricted Stock Units, and your ability to participate in the Plan. For more information on the consequences of your refusal to
consent or withdrawal of consent, you understand that you may contact your local human resources representative. 
 14. No
Entitlement or Claims for Compensation. 
 (a) Your rights, if any, in respect of or in connection with these Restricted
Stock Units or any other Award are derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. The Plan may be amended, suspended or terminated by the Company at
any time, unless otherwise provided in the Plan and this Agreement. By accepting these Restricted Stock Units, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional
Restricted Stock Units to you or benefits in lieu of Restricted Stock Units, even if Restricted Stock Units have been granted repeatedly in the past. All decisions with respect to future grants of Restricted Stock Units, if any, will be at the sole
discretion of the Committee. 

  
 5 

 (b) The Restricted Stock Units and the Shares subject to the Restricted Stock Units are not
intended to replace any pension rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represent any portion of your salary, compensation
or other remuneration for any purpose, including but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar
payments, and in no event should be considered as compensation for, or relating in any way to, past services for the Company, the Employer or any Parent, Subsidiary or Affiliate. The value of the Restricted Stock Units is an extraordinary item that
does not constitute compensation of any kind for services of any kind rendered to the Company, the Employer or any Parent, Subsidiary or Affiliate and which is outside the scope of your written employment agreement (if any). 

(c) You acknowledge that you are voluntarily participating in the Plan. 

(d) Neither the Plan nor these Restricted Stock Units or any other Award granted under the Plan shall be deemed to give you a right to
remain an Employee, Consultant or director of the Company, a Parent, Subsidiary or an Affiliate. The Employer reserves the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the
Company’s Articles of Incorporation and Bylaws, and a written employment agreement (if any). 
 (e) The grant of the
Restricted Stock Units and your participation in the Plan will not be interpreted to form an employment contract or relationship with the Company, the Employer or any Parent, Subsidiary or Affiliate. 

(f) The future value of the underlying Shares is unknown and cannot be predicted with certainty and if you vest in the Restricted Stock
Units and are issued Shares, the value of those Shares may increase or decrease. You also understand that neither the Company, nor the Employer or any Parent, Subsidiary or Affiliate is responsible for any foreign exchange fluctuation between your
Employer’s local currency and the United States Dollar that may affect the value of this Award. 
 (g) In consideration of
the grant of the Restricted Stock Units, no claim or entitlement to compensation or damages shall arise from forfeiture of the Restricted Stock Units resulting from termination of your Service by the Company or the Employer (for any reason
whatsoever and whether or not in breach of local labor laws) and you irrevocably release the Company and the Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction
to have arisen, you shall be deemed irrevocably to have waived your entitlement to pursue such claim. 
 (h) You agree that the
Company may require Shares received pursuant to the Restricted Stock Units to be held by a broker designated by the Company. 

(i) You agree that your rights hereunder (if any) shall be subject to set-off by the Company for any valid debts you owe the Company.

  
 6 

 (j) The Restricted Stock Units and the benefits under the Plan, if any, will not
automatically transfer to another company in the case of a merger, take-over or transfer of liability. 
 15. Governing Law and
Forum. This Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws principles thereof. For purposes of litigating any dispute that may arise directly or
indirectly from this Agreement, the parties hereby submit and consent to litigation in the exclusive jurisdiction of the State of California and agree that any such litigation shall be conducted only in the courts of California or the federal courts
for the United States for the Northern District of California and no other courts. 
 16. Notices. Any notice required or
permitted under the terms of this Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the mail, as certified or
registered mail, with postage prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written
notice to the other party. 
 17. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement
shall be binding upon, and inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 
 18. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent
of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 
 19. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to your current or future participation in the Plan by electronic means or to
request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and agree 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. 
 20. Language. If this Agreement or any other document related to the
Plan is translated into a language other than English and the meaning of the translated version is different from the English version, the English version will take precedence. 
 21. Appendix. Notwithstanding any provisions in this Agreement, the Restricted Stock Units shall be subject to any special terms and conditions set forth in any Appendix to this
Agreement for your country of residence. Moreover, if you relocate to one of the countries included in the Appendix, the special terms and conditions for such country will apply to you, to the extent the Company determines that the application of
such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Plan. The Appendix constitutes part of this Agreement. 

  
 7 

 22. Imposition of Other Requirements. The Company reserves the right to impose
other requirements on your participation in the Plan, on the Restricted Stock Units and on any Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with local law or facilitate the
administration of the Plan. You agree to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. Furthermore, you acknowledge that the laws of the country in which you are working at the time of grant,
vesting and settlement of the Restricted Stock Units or the sale of Shares received pursuant to this Agreement (including any rules or regulations governing securities, foreign exchange, tax, labor, or other matters) may subject you to additional
procedural or regulatory requirements that you are and will be solely responsible for and must fulfill. 
 23. Acceptance of
Agreement. You must expressly accept the terms and conditions of your Restricted Stock Units as set forth in this Agreement by electronically accepting this Agreement within 300 days after the Company sends this Agreement to you. If you do
not accept your Restricted Stock Units in the manner instructed by the Company, your Restricted Stock Units will be subject to cancellation. 
 *        *        *        * 

You acknowledge that by clicking on the I agree button below, you agree to be bound by the terms of this Agreement.

 PLEASE PRINT AND KEEP A COPY FOR YOUR RECORDS 

  
 8 

 (For Grants Prior to September 2008) 

CISCO SYSTEMS, INC. 
 STOCK UNIT AGREEMENT 
 This Stock Unit Agreement (the “Agreement”) is made
and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The
material terms of this Stock Unit Award are as follows: 
 Employee ID:
                                         
                                         
                                         
                                        

Grant Date:
                                         
                                         
                                         
                                        

Grant Number:
                                         
                                         
                                         
                                        

Restricted Stock Units:
                                         
                                         
                                         
                                        

First Vest Date:
                                         
                               (the first annual anniversary of the vesting commencement date)

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them in the Plan. In the
event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from the Company, Restricted Stock Units, each of which is a bookkeeping entry
representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 
 2.
Vesting of Restricted Stock Units. So long as your Service continues, the Restricted Stock Units shall vest in accordance with the following schedule: twenty percent (20%) of the total number of Restricted Stock Units granted
pursuant to this Agreement shall vest on the First Vest Date and on each annual anniversary thereafter, unless otherwise provided by the Plan or Section 4 below. 
 3. Termination of Service. In the event of the termination of your Service for any reason, all unvested Restricted Stock Units shall be immediately forfeited without consideration.

 4. Special Acceleration. 
 (a) To the extent the Restricted Stock Units are outstanding at the time of a Corporate Transaction, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of
the Corporate Transaction and shall become vested in full at that time. No such acceleration, however, shall occur if and to the extent: (i) these Restricted Stock Units are, in connection with the Corporate Transaction, either assumed by the
successor corporation (or parent thereof) or replaced with comparable restricted stock units of the successor corporation (or parent thereof) or (ii) these Restricted Stock Units are replaced with a cash incentive program of the successor
corporation which preserves the fair market value of the Restricted Stock Units at the time of the Corporate Transaction and provides for subsequent pay-out in accordance with the vesting schedule set forth in Section 2 above. The determination
of the comparability of restricted stock units under clause (i) shall be made by the Committee, and such determination shall be final, binding and conclusive 

 (b) Immediately following the effective date of the Corporate Transaction, this Agreement
shall terminate and cease to be outstanding, except to the extent assumed by the successor corporation (or parent thereof) in connection with the Corporate Transaction. 
 (c) If this Agreement is assumed in connection with a Corporate Transaction, then the Committee shall appropriately adjust the number of units and the kind of shares or securities to be issued pursuant to
this Agreement immediately after such Corporate Transaction. 
 (d) To the extent the Restricted Stock Units are outstanding at
the time of a Change in Control, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the Change in Control and shall become vested in full at that time. 

(e) This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital
or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets. 
 5.
Settlement of Restricted Stock Units. Restricted Stock Units shall be automatically settled in Shares upon vesting of such Restricted Stock Units, provided that the Company shall have no obligation to issue Shares pursuant to this
Agreement unless and until you have satisfied any applicable tax withholding obligations pursuant to Section 6 below and such issuance otherwise complies with all applicable law. 
 6. Withholding Taxes. You agree to make arrangements satisfactory to the Company for the satisfaction of any applicable withholding tax obligations that arise in connection with the
Restricted Stock Units which, at the sole discretion of the Company, may include (i) having the Company withhold Shares from the settlement of the Restricted Stock Units, or (ii) any other arrangement approved by the Company, in any case,
equal in value to the amount necessary to satisfy any such withholding tax obligations. The Company shall not be required to issue Shares pursuant to this Agreement unless and until such obligations are satisfied. 

7. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties or representations to you with respect
to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax consequences. YOU UNDERSTAND THAT THE TAX LAWS AND
REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER PENALTIES. 

8. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall not be anticipated, assigned, attached, garnished,
optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 9.
Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted Stock Units has been registered under the Securities Act or has been registered or qualified under the
securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares 

  
 2 

 
(including the placement of appropriate legends on stock certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and
the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions of the Securities Act, the securities laws of any state, or any other law. 
 10. Stock Certificate Restrictive Legends. Stock certificates evidencing the Shares issued pursuant to the Restricted Stock Units may bear such restrictive legends as the Company and
the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 
 11. Representations, Warranties,
Covenants, and Acknowledgments. You hereby agree that in the event the Company and the Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the
Restricted Stock Units may be conditioned upon you making certain representations, warranties, and acknowledgments relating to compliance with applicable securities laws. 
 12. Voting and Other Rights. Subject to the terms of this Agreement, you shall not have any voting rights or any other rights and privileges of a stockholder of the Company unless and
until the Restricted Stock Units are settled upon vesting. 
 13. Authorization to Release Necessary Personal Information.

 (a) You hereby authorize and direct your employer to collect, use and transfer in electronic or other form, any personal
information (the “Data”) regarding your employment, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but not limited to, your name, home address, telephone number, date
of birth, social security number (or any other social or national identification number), salary, nationality, job title, number of Shares held and the details of all Awards or any other entitlement to Shares awarded, cancelled, exercised, vested,
unvested or outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the Company or any of its Subsidiaries, or to any third parties assisting in the
implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the administration of these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to
these Restricted Stock Units or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be located in different countries, and those countries may have data privacy laws and protections different from
those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is necessary for your participation in the Plan. 

(b) Prior to the time that the Restricted Stock Units are settled upon vesting, you shall have no rights other than those of a general
creditor of the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 
 (c) You
may at any time withdraw the consents herein by contacting your local human resources representative in writing. You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from these Restricted Stock
Units, and your ability to participate in the Plan. 
 14. No Entitlement or Claims for Compensation. 

(a) Your rights, if any, in respect of or in connection with these Restricted Stock Units or any other Award are derived solely from the
discretionary decision of the 

  
 3 

 
Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting these Restricted Stock Units, you expressly acknowledge that there is no obligation on the
part of the Company to continue the Plan and/or grant any additional Awards to you. These Restricted Stock Units are not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way
represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. 
 (b) Neither the Plan nor these Restricted Stock Units or any other Award granted under the Plan shall be deemed to give you a right to remain an Employee, Consultant or director of the Company, a Parent,
a Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of
Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or
otherwise with respect to the Plan, these Restricted Stock Units or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 
 (c) You agree that your rights hereunder shall be subject to set-off by the Company for any valid debts you owe the Company. 
 15. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws principles thereof.

 16. Notices. Any notice required or permitted under the terms of this Agreement shall be in writing and shall be deemed
sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the Company at the
Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party. 

17. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and inure to the
benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 
 18.
Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all
other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 4 

 PERFORMANCE RSU LETTER 
 [Date] 
 [Name] 
 [Address] 
 [Address] 
 Dear                         : 

[introductory text] 
 Your leadership team has
recommended that you receive a performance-based restricted stock unit (PRSU) right with a target of [                    ]. RSUs will be
granted after the end of FY[    ] based upon the satisfaction of an FY[    ] performance condition. 
 The right to receive a grant of a restricted stock unit depends on Cisco’s satisfaction of certain
[                    ] targets for FY[    ]. Assuming those targets are met or exceeded, the restricted stock units
that you are granted will vest [                    ] percent on the date of grant and
[                    ] percent on each of the next [            ]
anniversaries of the date of grant thereafter, subject to your continued employment with Cisco or an affiliate on the applicable vesting date. On each vesting date, the vested units will be settled in Cisco common stock. In addition, in the unlikely
event that a corporate transaction or change in control (each as defined in Cisco’s 2005 Stock Incentive Plan) is consummated during FY[    ] or prior to the Compensation and Management Development Committee’s
Certification regarding satisfaction of the FY[    ] performance conditions, the performance-based restricted stock unit right will be deemed fully earned at target (100%) immediately prior to the effective date of
the corporate transaction or the change in control, as the case may be, and will be settled in fully vested Cisco common stock at that time. 

Lastly, please note that, if you are employed outside the United States, the Compensation and Management Development Committee can grant the PRSU Right
to you, in its sole discretion, only if and as long as it is permitted and feasible to grant restricted stock units under the laws of the country in which you are employed. If local laws make the grant of restricted stock units illegal or
impractical, Cisco will let you know as soon as possible. You are under no obligation to accept the PRSU Right or any restricted stock units that may subsequently be granted to you. 

 

	
	 [concluding text]

	
	 Sincerely,

	  

 PERFORMANCE RSU LETTER – FISCAL 2008 

[Date] 
 [Name] 

[Address] 
 [Address] 

Dear
                             : 
 [introductory text] 
 As an indicator of our confidence in you as a leader, recognizing your
current high level of performance as well as your future contributions, I want to tell you about the restricted stock unit component of our FY08 ongoing stock program. This component represents the right to receive a future grant of restricted
stock units (after the end of FY08) if an FY08 performance condition is satisfied. This right is referred to in this letter as the “performance-based restricted stock unit right (PRSU Right).” 

I want to be the first to congratulate you on your leadership team recommending you for a performance-based restricted stock unit
right having a target of XX restricted stock units, which will be granted after the end of FY08 based upon the satisfaction of an FY08 performance condition, contingent on shareholder approval as described below. Since you may be eligible
to receive a grant of restricted stock units for the first time, I would like to review briefly the details of this program. 
 The right to
receive a grant of a restricted stock unit depends on Cisco’s satisfaction of certain operating income growth targets for FY08. Assuming those targets are met or exceeded, the restricted stock units that you are granted will vest twenty
percent on the date of grant and twenty percent on each of the next four anniversaries of the date of grant thereafter, subject to your continued employment with Cisco or an affiliate on the applicable vesting date. Unlike stock options, there is no
monthly vesting for restricted stock units. On each vesting date, the vested units will be settled in Cisco common stock. In addition, in the unlikely event that a corporate transaction or change in control (each as defined in Cisco’s 2005
Stock Incentive Plan) is consummated during FY08, the performance-based restricted stock unit right will be deemed fully earned at target (100%) immediately prior to the effective date of the corporate transaction or the change in control, as the
case may be, and will be settled in fully vested Cisco common stock at that time. 
 The PRSU Right and the right to receive restricted stock
units depends on our shareholders approving the amendment and extension of Cisco’s 2005 Stock Incentive Plan at the 2007 annual meeting. In the unlikely event that our shareholders do not approve the amendment and extension of the 2005 Stock
Incentive Plan, you will not be eligible to receive any restricted stock units. However, at such time as the shareholders do approve a plan, the Compensation and Management Development Committee may make an equitable substitute stock award to you.

 Lastly, please note that, if you are employed outside the United States, the Compensation and Management Development Committee can grant the
PRSU Right to you, in its sole discretion, only if and as long as it is permitted and feasible to grant restricted stock units under the laws of the country in which you are employed. If local laws make the grant of restricted stock units illegal or
impractical, Cisco will let you know as soon as possible. You are under no obligation to accept the PRSU Right or any restricted stock units that may subsequently be granted to you. 
 [concluding text] 
  

	
	Sincerely,
	
	John Chambers
	Chairman & CEO, Cisco Systems

 ACTION REQUIRED: MUST BE
RETURNED BY [INSERT APPROPRIATE DATE] 
  

							
	

	 		 		  	 Deferral Election for
 Annual Equity Award
 2005 Stock Incentive
Plan

			
		
	  
 Name (Last, First,
Middle Initial)
	  	  
 Employee
Number

 You may use this form to: 
  

	 	•	 	 Indicate the percentage of your annual restricted stock unit grant under the 2005 Stock Incentive Plan that you wish to defer. Your elected percentage
will apply to each vesting installment of such grant. 

  

	 	•	 	 Designate the settlement timing of the deferred portion of your vested annual restricted stock unit grant. 

PLEASE REMEMBER THAT ONCE YOU MAKE AN ELECTION TO DEFER A RESTRICTED STOCK UNIT GRANT, YOU CANNOT REVOKE THAT ELECTION.

  

			
	DEFERRAL
 ELECTION	  	Please select if you wish to defer restricted stock units; fill in the appropriate
blanks.
		
	
 ̈       Restricted
Stock
 Unit Grant
	  	I elect to defer                 % (you may only insert 25%, 50%, 75%, or 100%) of my annual
restricted stock unit award anticipated to be granted under the 2005 Stock Incentive Plan (the “Plan”) on                     ,
201     (subject to my continued employment with the Company or the Employer). I understand that this elected percentage will apply to each vesting installment of this grant.

  

			
	SETTLEMENT DATE*	  	Please complete this section to indicate settlement timing for the deferred portion of your
vested annual restricted stock unit grant. You may only choose one alternative.
		
	
 ̈       Separation of
Service
  
 OR
	  	I elect to defer the settlement of the deferred portion of my vested annual restricted stock unit grant to my Separation of Service (as defined in Section 409A of the Internal
Revenue Code).
		
	
 ̈       Date Specific
(subject
 to earlier settlement
 upon separation from
 service)
	  	I elect to defer the settlement of the deferred portion of my vested annual restricted stock unit grant to the earlier of (i) my Separation from Service; or (ii) the first business
day of 20             (insert a year no earlier than 5 years after the year of grant and no later than 15 years after the year of grant).
	
	 *       Any vested portion of the deferred portion of my restricted stock unit
grant will be settled in shares of the Company’s common stock.

 ACTION REQUIRED: MUST BE
RETURNED BY [INSERT APPROPRIATE DATE] 
  

							
	

	 		 		  	 Deferral Election for
 Annual Equity Award
 2005 Stock Incentive
Plan

 I understand: 
  

	 	•	 	 To the extent I do not elect to defer the settlement of my restricted stock unit grant, such portion of the restricted stock unit grant will be
automatically settled in shares of the Company’s common stock upon the vesting of the restricted stock unit grant (subject to acceleration in certain cases), as more fully set forth in the Stock Unit Agreement. 

 

	 	•	 	 Any vested portion of the deferred restricted stock unit grant will be settled in shares of the Company’s common stock as elected by me above.

  

	 	•	 	 If my Separation from Service occurs before my restricted stock unit grant vests, any unvested restricted stock units will be forfeited as of the date
my Separation from Service occurs. 

  

	 	•	 	 Any employment taxes that are due upon the vesting of my restricted stock unit grant (including the deferred portion of my grant) shall be deducted at
the time of vesting by one or a combination of the following: 

  

	 	(1)	withholding from my wages or other cash compensation payable to me by the Company or the Employer; 

 

	 	(2)	withholding from proceeds of the sale of shares acquired upon settlement of the restricted stock units either through a voluntary sale or through a mandatory sale
arranged by the Company (on my behalf pursuant to this authorization); 

  

	 	(3)	withholding of shares that would otherwise be issued upon settlement of the restricted stock units; or 

 

	 	(4)	requiring me to satisfy the liability for any employment taxes by means of any other arrangement approved by the Company. 

 

	 	•	 	 The receipt of shares of the Company’s common stock pursuant to any restricted stock unit grant will be taxed as ordinary income to me based on
the value of the shares on the date the stock unit grant is settled and I receive shares of the Company’s common stock. This is true whether or not I elect to defer settlement of my restricted stock units. 

 

	 	•	 	 The settlement of the deferred portion of my annual restricted stock unit grant upon my Separation from Service will be delayed for 6 months.

 ACKNOWLEDGED AND AGREED: 
  

 
 Signature of
Participant                                       
  Date 

 (Beginning Fiscal 2009) 

NON-EMPLOYEE DIRECTOR INITIAL RSU GRANT 
 CISCO SYSTEMS, INC. 
 STOCK UNIT AGREEMENT 

This Stock Unit Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems,
Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Unit Award are as follows: 

Grantee:
                                         
                                         
                                         
                                         
                               
 Grant Date:
                                         
                                         
                                         
                                         
                          
 Grant Number:
                                         
                                         
                                         
                                         
                    
 Restricted Stock Units:
                                         
                                         
                                         
                                         
     
  

			
	First Vest Date:	 	                             
                  (the date of completion of the first year of service as a member of the Board measured from the initial election or appointment
date)

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them
in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from the Company, Restricted Stock Units, each of which is a bookkeeping entry
representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 
 2.
Vesting of Restricted Stock Units. So long as your service on the Board continues, the Restricted Stock Units shall vest in accordance with the following schedule: fifty percent (50%) of the total number of Restricted Stock Units
granted pursuant to this Agreement shall vest on the First Vest Date and upon your completion of each year of service as a member of the Board thereafter, unless otherwise provided by the Plan or Section 4 below. 

3. Termination of Service. Except as provided in Section 4 below, in the event of the termination of your Board service for any
reason, all unvested Restricted Stock Units shall be immediately forfeited without consideration. 
 4. Special
Acceleration. 
 (a) To the extent the Restricted Stock Units are outstanding at the time of a Corporate Transaction or a
Change in Control, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the Corporate Transaction or the Change in Control, as the case may be, and shall become vested in full at that time.

 (b) If your service on the Board ceases as a result of your death or Disability, to the
extent the Restricted Stock Units are outstanding, such Restricted Stock Units shall automatically accelerate and shall become vested in full at that time. 
 (c) This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve,
liquidate, sell or transfer all or any part of its business or assets. 
 5. Settlement of Restricted Stock Units. To the
extent you have not elected to defer settlement of the Restricted Stock Units, the Restricted Stock Units shall be automatically settled in Shares upon vesting of such Restricted Stock Units, provided that the Company shall have no obligation to
issue Shares pursuant to this Agreement unless such issuance complies with all applicable law. To the extent you have elected to defer settlement of the Restricted Stock Units, the vested portion of the Restricted Stock Units shall be settled in
Shares upon your separation from service within the meaning of Code Section 409A (“Separation from Service”), provided that the Company shall have no obligation to issue Shares pursuant to this Agreement unless such issuance complies
with all applicable law. 
 6. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties
or representations to you with respect to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax
consequences. YOU UNDERSTAND THAT THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE
PURPOSE OF AVOIDING TAXPAYER PENALTIES. 
 7. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall
not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 8. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted Stock Units has been registered under the Securities
Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock
certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions
of the Securities Act, the securities laws of any state, or any other law. 

  
 2 

 9. Stock Certificate Restrictive Legends. Stock certificates evidencing the Shares
issued pursuant to the Restricted Stock Units may bear such restrictive legends as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 

10. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the
Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Restricted Stock Units may be conditioned upon you making certain representations, warranties,
and acknowledgments relating to compliance with applicable securities laws. 
 11. Voting and Other Rights. Subject to the
terms of this Agreement, you shall not have any voting rights or any other rights and privileges of a shareholder of the Company unless and until the Restricted Stock Units are settled upon vesting. 

12. Authorization to Release Necessary Personal Information. 

(a) You hereby authorize and direct the Company to collect, use and transfer in electronic or other form, any personal information (the
“Data”) regarding your service, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but not limited to, your name, home address, telephone number, date of birth, social
security number (or any other social or national identification number), compensation, nationality, job title, number of Shares held and the details of all Awards or any other entitlement to Shares awarded, cancelled, exercised, vested, unvested or
outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the Company or any of its Subsidiaries, or to any third parties assisting in the
implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the administration of these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to
these Restricted Stock Units or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be located in different countries, and those countries may have data privacy laws and protections different from
those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is necessary for your participation in the Plan. 

(b) Prior to the time that the Restricted Stock Units are settled upon vesting, you shall have no rights other than those of a general
creditor of the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 
 (c) You
may at any time withdraw the consents herein by contacting the Company’s local human resources representative in writing. You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from these
Restricted Stock Units, and your ability to participate in the Plan. 

  
 3 

 13. No Entitlement or Claims for Compensation. 

(a) Your rights, if any, in respect of or in connection with these Restricted Stock Units or any other Award are derived solely from the
discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting these Restricted Stock Units, you expressly acknowledge that there is no obligation on the part of the Company to
continue the Plan and/or grant any additional Awards to you. These Restricted Stock Units are not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion
of a your compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. 
 (b) Neither the Plan nor these Restricted Stock Units or any other Award granted under the Plan shall be deemed to give you a right to continue to serve on the Board of the Company for any period of
specific duration or interfere with or otherwise restrict in any way the rights of the Company or the Company’s shareholders, which rights are hereby expressly reserved by each, to terminate your service on the Board at any time, for any
reason, with or without cause, in accordance with the provisions of applicable law, the Company’s Articles of Incorporation and Bylaws. You shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of
contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, these Restricted Stock Units or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 

(c) You agree that your rights hereunder shall be subject to set-off by the Company for any valid debts you owe the Company. 

14. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without
regard to the conflict of laws principles thereof. 
 15. Notices. Any notice required or permitted under the terms of this
Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage
prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party.

 16. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and
inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 

17. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than
voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 4 

 (Beginning Fiscal 2009) 

NON-EMPLOYEE DIRECTOR ANNUAL RSU GRANT 
 CISCO SYSTEMS, INC. 
 STOCK UNIT AGREEMENT 

This Stock Unit Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems,
Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Unit Award are as follows: 

Grantee:
                                         
                                         
                                         
                                         
                                 

Grant Date:
                                         
                                         
                                         
                                         
                            
 Grant Number:
                                         
                                         
                                         
                                         
                      
 Restricted
Stock Units:
                                         
                                         
                                         
                                         
       
 Vest Date: The completion of one (1) year of Board service measured from the Grant Date. 

To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them in the Plan. In the event of a
conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from the Company, Restricted Stock Units, each of which is a bookkeeping entry
representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 
 2.
Vesting of Restricted Stock Units. So long as your service on the Board continues, the Restricted Stock Units shall vest in accordance with the following schedule: one-hundred percent (100%) of the total number of Restricted Stock
Units granted pursuant to this Agreement shall vest on the Vest Date, unless otherwise provided by the Plan or Section 4 below. 

3. Termination of Service. Except as provided in Section 4 below, in the event of the termination of your Board service for any
reason, all unvested Restricted Stock Units shall be immediately forfeited without consideration. 
 4. Special
Acceleration. 
 (a) To the extent the Restricted Stock Units are outstanding at the time of a Corporate Transaction or a
Change in Control, such Restricted Stock Units shall automatically accelerate immediately prior to the effective date of the Corporate Transaction or the Change in Control, as the case may be, and shall become vested in full at that time.

 (b) If your service on the Board ceases as a result of your death or Disability, to the
extent the Restricted Stock Units are outstanding, such Restricted Stock Units shall automatically accelerate and shall become vested in full at that time. 
 (c) This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve,
liquidate, sell or transfer all or any part of its business or assets. 
 5. Settlement of Restricted Stock Units. To the
extent you have not elected to defer settlement of the Restricted Stock Units, the Restricted Stock Units shall be automatically settled in Shares upon vesting of such Restricted Stock Units, provided that the Company shall have no obligation to
issue Shares pursuant to this Agreement unless such issuance complies with all applicable law. To the extent you have elected to defer settlement of the Restricted Stock Units, the vested portion of the Restricted Stock Units shall be settled in
Shares upon your separation from service within the meaning of Code Section 409A (“Separation from Service”), provided that the Company shall have no obligation to issue Shares pursuant to this Agreement unless such issuance complies
with all applicable law. 
 6. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties
or representations to you with respect to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax
consequences. YOU UNDERSTAND THAT THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE
PURPOSE OF AVOIDING TAXPAYER PENALTIES. 
 7. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall
not be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. 
 8. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted Stock Units has been registered under the Securities
Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock
certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions
of the Securities Act, the securities laws of any state, or any other law. 

  
 2 

 9. Stock Certificate Restrictive Legends. Stock certificates evidencing the Shares
issued pursuant to the Restricted Stock Units may bear such restrictive legends as the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 

10. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the
Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Restricted Stock Units may be conditioned upon you making certain representations, warranties,
and acknowledgments relating to compliance with applicable securities laws. 
 11. Voting and Other Rights. Subject to the
terms of this Agreement, you shall not have any voting rights or any other rights and privileges of a shareholder of the Company unless and until the Restricted Stock Units are settled upon vesting. 

12. Authorization to Release Necessary Personal Information. 

(a) You hereby authorize and direct the Company to collect, use and transfer in electronic or other form, any personal information (the
“Data”) regarding your service, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but not limited to, your name, home address, telephone number, date of birth, social
security number (or any other social or national identification number), compensation, nationality, job title, number of Shares held and the details of all Awards or any other entitlement to Shares awarded, cancelled, exercised, vested, unvested or
outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the Company or any of its Subsidiaries, or to any third parties assisting in the
implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the administration of these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to
these Restricted Stock Units or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be located in different countries, and those countries may have data privacy laws and protections different from
those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is necessary for your participation in the Plan. 

(b) Prior to the time that the Restricted Stock Units are settled upon vesting, you shall have no rights other than those of a general
creditor of the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 
 (c) You
may at any time withdraw the consents herein by contacting the Company’s local human resources representative in writing. You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from these
Restricted Stock Units, and your ability to participate in the Plan. 

  
 3 

 13. No Entitlement or Claims for Compensation. 

(a) Your rights, if any, in respect of or in connection with these Restricted Stock Units or any other Award are derived solely from the
discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting these Restricted Stock Units, you expressly acknowledge that there is no obligation on the part of the Company to
continue the Plan and/or grant any additional Awards to you. These Restricted Stock Units are not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion
of a your compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. 
 (b) Neither the Plan nor these Restricted Stock Units or any other Award granted under the Plan shall be deemed to give you a right to continue to serve on the Board of the Company for any period of
specific duration or interfere with or otherwise restrict in any way the rights of the Company or the Company’s shareholders, which rights are hereby expressly reserved by each, to terminate your service on the Board at any time, for any
reason, with or without cause, in accordance with the provisions of applicable law, the Company’s Articles of Incorporation and Bylaws. You shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of
contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, these Restricted Stock Units or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 

(c) You agree that your rights hereunder shall be subject to set-off by the Company for any valid debts you owe the Company. 

14. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without
regard to the conflict of laws principles thereof. 
 15. Notices. Any notice required or permitted under the terms of this
Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage
prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party.

 16. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and
inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 

17. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than
voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 4 

 (Prior to Fiscal 2009) 

NON-EMPLOYEE DIRECTOR INITIAL GRANT 
 CISCO SYSTEMS, INC. 
 NOTICE OF GRANT OF STOCK OPTION

 Notice is hereby given of the following option grant (the “Option”) made to purchase shares of Cisco Systems, Inc. (the
“Company”) common stock: 
 Optionee:
                                         
                                         
                                         
                                         
                           
 Grant Date:
                                         
                                         
                                         
                                         
                           
 Type of Option: Nonstatutory Stock Option 
 Grant Number:
                                         
                                         
                                         
                                         
    
 Number of Option Shares:
                                         
                                         
                                         
                         shares 
 Exercise Price: $             per share 
 Expiration Date:
                                         
                                         
                                         
                                         
    
 Date Exercisable: Immediately Exercisable 
 Vesting Schedule 
 The Option Shares shall initially be unvested and subject to
repurchase by the Company at the Exercise Price paid per share. Optionee shall acquire a vested interest in, and the Company’s repurchase right shall accordingly lapse, with respect to, the Option Shares in a series of four (4) successive
equal annual installments upon Optionee’s completion of each year of service as a member of the Board over the four (4) year period measured from the Grant Date. In no event shall any additional Option Shares vest after Optionee’s
cessation of Board service. 
 REPURCHASE RIGHT. OPTIONEE HEREBY AGREES THAT ALL UNVESTED OPTION SHARES ACQUIRED UPON THE EXERCISE OF
THE OPTION SHALL NOT BE TRANSFERABLE AND SHALL BE SUBJECT TO REPURCHASE BY THE COMPANY, AT THE EXERCISE PRICE PAID PER SHARE, UPON OPTIONEE’S TERMINATION OF SERVICE AS A MEMBER OF THE BOARD PRIOR TO VESTING IN THOSE SHARES. THE TERMS AND
CONDITIONS OF SUCH REPURCHASE RIGHT SHALL BE SPECIFIED IN A STOCK PURCHASE AGREEMENT, IN FORM AND SUBSTANCE SATISFACTORY TO THE COMPANY, EXECUTED BY OPTIONEE AT THE TIME OF THE OPTION EXERCISE. 

Optionee understands and agrees that the Option is offered subject to and in accordance with the terms of the Cisco Systems, Inc. 2005 Stock Incentive
Plan (the “Plan”). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement attached hereto. 
 No Service Contract. Nothing in this Notice or in the attached Stock Option Agreement or in the Plan shall confer upon Optionee any right to continue to serve on the Board for any period of
specific duration or interfere with or otherwise restrict in any way the rights of the Company or the Company’s shareholders, which rights are hereby expressly reserved by each, to terminate Optionee’s service on the Board at any time, for
any reason, with or without cause, and in accordance with the provisions of applicable law. 

 Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in
this Notice, the attached Stock Option Agreement or the Plan. 
 DATED:
                        ,          

 

			
	CISCO SYSTEMS, INC.
		
	 By:
	 	  

	 Title:
	 	  

	
	  
 OPTIONEE

  
 2 

 STOCK OPTION AGREEMENT 

Recitals 
 A. The Board has
adopted the Plan for the purpose of retaining the services of selected Employees, non-employee members of the Board or of the board of directors of any Parent or Subsidiary and Consultants and other independent advisors who provide services to the
Company (or any Parent or Subsidiary). 
 B. Optionee is to render valuable services to the Company (or a Parent or Subsidiary), and this
Agreement is executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Company’s grant of an option to Optionee. 
 C. All capitalized terms in this Agreement shall have the meaning assigned to them in this Agreement, the attached Notice of Grant of Stock Option (the “ Notice”), or the Plan. 

NOW, THEREFORE, it is hereby agreed as follows: 
 1. Grant of Option. The Company hereby grants to Optionee, as of the Grant Date, a Nonstatutory Stock Option to purchase up to the number of Option Shares specified in the Notice. The
Option Shares shall be purchasable from time to time during the Option term specified in Paragraph 2 at the Exercise Price specified in the Notice. 
 2. Option Term. This Option shall have a maximum term of nine (9) years measured from the Grant Date and shall accordingly expire at the close of business on the Expiration Date,
unless sooner terminated in accordance with Paragraph 4, 5, 6 or 7. 
 3. Non-Transferability. This Option shall not
be anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. Notwithstanding the foregoing, should the Optionee die while holding
this Option, then this Option shall be transferred in accordance with Optionee’s will or the laws of descent and distribution. 
 4.
Exercisability/Vesting. 
 (a) This Option shall be immediately exercisable for any or all of the Option Shares,
whether or not the Option Shares are vested in accordance with the Vesting Schedule set forth in the Notice, and shall remain so exercisable until the Expiration Date or the sooner termination of the Option term under this Paragraph 4 or Paragraph
5, 6 or 7. 
 (b) Optionee shall, in accordance with the Vesting Schedule set forth in the Notice, vest in the Option Shares in
a series of installments over his or her period of Board service. Vesting in the Option Shares may be accelerated pursuant to the provisions of Paragraph 5, 6 or 7. In no event, however, shall any additional Option Shares vest following
Optionee’s cessation of service as a Board member. 
 (c) As an administrative matter, the exercisable portion of this
Option may only be exercised until the close of the Nasdaq Global Select Market on the Expiration Date or 

 the earlier termination date under Paragraph 5, 6 or 7 or, if such date is not a trading day
on the Nasdaq Global Select Market, the last trading day before such date. Any later attempt to exercise this Option will not be honored. For example, if Optionee ceases to remain in service as provided in Paragraph 5(a) and the date twelve
(12) months from the date of cessation is Monday, July 4 (a holiday on which the Nasdaq Global Select Market is closed), Optionee must exercise the exercisable portion of this Option by 4 pm Eastern Daylight Time on Friday, July 1.

 5. Cessation of Board Service. Should Optionee’s service as a Board member cease while this Option remains
outstanding, then the Option term specified in Paragraph 2 shall terminate (and this Option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions: 

(a) Should Optionee cease to serve as a Board member for any reason (other than death or Disability) while this Option is outstanding,
then the period for exercising this Option shall be reduced to a twelve (12)-month period commencing with the date of such cessation of Board service, but in no event shall this Option be exercisable at any time after the Expiration Date. During
such limited period of exercisability, this Option may not be exercised in the aggregate for more than the number of Option Shares (if any) in which Optionee is vested on the date of his or her cessation of Board service. Upon the earlier of
(i) the expiration of such twelve (12)-month period or (ii) the specified Expiration Date, the Option shall terminate and cease to be exercisable with respect to any vested Option Shares for which the Option has not been exercised.

 (b) Should Optionee die during the twelve (12)-month period following his or her cessation of Board service and hold this
Option at the time of his or her death, then the personal representative of Optionee’s estate or the person or persons to whom the Option is transferred pursuant to Optionee’s will or in accordance with the laws of descent and distribution
shall have the right to exercise this Option for any or all of the Option Shares in which Optionee is vested at the time of Optionee’s cessation of Board service (less any Option Shares purchased by Optionee after such cessation of Board
service but prior to death). Such right of exercise shall terminate, and this Option shall accordingly cease to be exercisable for such vested Option Shares, upon the earlier of (i) the expiration of the twelve (12)-month period measured
from the date of Optionee’s cessation of Board service or (ii) the specified Expiration Date. 
 (c) Should Optionee
cease service as a Board member by reason of death or Disability, then all Option Shares at the time subject to this Option but not otherwise vested shall immediately vest in full so that Optionee (or the personal representative of Optionee’s
estate or the person or persons to whom the Option is transferred upon Optionee’s death) shall have the right to exercise this Option for any or all of the Option Shares as fully-vested shares of Common Stock at any time prior to the
earlier of (i) the expiration of the twelve (12)-month period measured from the date of Optionee’s cessation of Board service or (ii) the specified Expiration Date. 

(d) Upon Optionee’s cessation of Board service for any reason other than death or Disability, this Option shall immediately
terminate and cease to be 

  
 2 

 outstanding with respect to any and all Option Shares in which Optionee is not otherwise at
that time vested in accordance with the normal Vesting Schedule set forth in the Notice or the special vesting acceleration provisions of Paragraph 6 or 7 below. 
 6. Corporate Transaction. 
 (a) In the event of a Corporate
Transaction, all Option Shares at the time subject to this Option but not otherwise vested shall automatically vest so that this Option shall, immediately prior to the specified effective date for the Corporate Transaction, become fully exercisable
for all of the Option Shares at the time subject to this Option and may be exercised for all or any portion of such shares as fully-vested shares of Common Stock. Immediately following the consummation of the Corporate Transaction, this Option shall
terminate and cease to be outstanding, except to the extent assumed by the successor corporation or its parent company. 
 (b)
If this Option is assumed in connection with a Corporate Transaction, then this Option shall be appropriately adjusted, immediately after such Corporate Transaction, to apply to the number and class of securities which would have been issuable to
Optionee in consummation of such Corporate Transaction had the Option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to the Exercise Price, provided the aggregate Exercise Price
shall remain the same. 
 7. Change In Control/Hostile Take-Over. 

(a) All Option Shares subject to this Option at the time of a Change In Control but not otherwise vested shall automatically vest so that
this Option shall, immediately prior to the effective date of such Change In Control, become fully exercisable for all of the Option Shares at the time subject to this Option and may be exercised for all or any portion of such shares as fully-vested
shares of Common Stock. This Option shall remain exercisable for such fully-vested Option Shares until the earliest to occur of (i) the specified Expiration Date, (ii) the sooner termination of this Option in accordance with
Paragraph 4, 5 or 6 or (iii) the surrender of this Option under Paragraph 7(b). 
 (b) Optionee shall have an unconditional
right (exercisable during the thirty (30)-day period immediately following the consummation of a “Hostile Take-Over” (as defined below)) to surrender this Option to the Company in exchange for a cash distribution from the Company in an
amount equal to the excess of (i) the “Take-Over Price” (as defined below) of the Option Shares at the time subject to the surrendered Option (whether or not those Option Shares are otherwise at the time vested) over (ii) the
aggregate Exercise Price payable for such shares. This Paragraph 7(b) limited stock appreciation right shall in all events terminate upon the expiration or sooner termination of the Option term and may not be assigned or transferred by Optionee. For
purposes of this Option, “Hostile Take-Over” shall mean the acquisition, directly or indirectly, by any person or related group of persons (other than the Company or a person that directly or indirectly controls, is controlled by, or is
under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act) of securities possessing more than thirty five percent (35%) of the total combined voting power of the Company’s
outstanding securities pursuant to a tender or exchange offer made directly to the 

  
 3 

 Company’s shareholders which the Board does not recommend such shareholders to accept.
Further, for purposes of this Option, “Take-Over Price” shall mean the greater of (i) the Fair Market Value on the date the Option is surrendered to the Company in connection with a Hostile Take-Over, or (ii) the highest reported
price per share of Common Stock paid by the tender offeror in effecting the Hostile Take-Over. 
 (c) To exercise the Paragraph
7(b) limited stock appreciation right, Optionee must, during the applicable thirty (30)-day exercise period, provide the Company with written notice of the option surrender in which there is specified the number of Option Shares as to which the
Option is being surrendered. Such notice must be accompanied by the return of Optionee’s copy of this Agreement, together with any written amendments to such Agreement. The cash distribution shall be paid to Optionee within five
(5) business days following such delivery date. Upon receipt of such cash distribution, this Option shall be cancelled with respect to the shares subject to the surrendered Option (or the surrendered portion), and Optionee shall cease to have
any further right to acquire those Option Shares under this Agreement. The Option shall, however, remain outstanding for the balance of the Option Shares (if any) in accordance with the terms and provisions of this Agreement, and the Company shall
accordingly issue a new stock option agreement (substantially in the same form as this Agreement) for those remaining Option Shares. 

8. Adjustment in Option Shares. In the event of a subdivision of the outstanding Shares, a declaration of a dividend payable in
Shares, a declaration of a dividend payable in a form other than Shares in an amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Shares (by reclassification or otherwise) into a lesser number
of Shares, a recapitalization, a spin-off or a similar occurrence, appropriate adjustments shall be made to (i) the total number and/or kind of shares or securities subject to this Option and (ii) the Exercise Price in order to reflect
such change and thereby preclude a dilution or enlargement of benefits hereunder. 
 9. Shareholder Rights. The holder of
this Option shall not have any shareholder rights with respect to the Option Shares until such person shall have exercised the Option, paid the Exercise Price and become a holder of record of the purchased Shares. 

10. Manner of Exercising Option. 
 (a) In order to exercise this Option with respect to all or any part of the Option Shares for which this Option is at the time exercisable, Optionee (or any other person or persons exercising the Option)
must take the following actions: 
 (i) Pay the aggregate Exercise Price for the purchased Shares in one or more of the following
forms: 
 (A) cash or check which, in the Company’s sole discretion, shall be made payable to a Company-designated
brokerage firm or the Company; and 
 (B) as permitted by applicable law, through a special sale and remittance procedure
pursuant to which Optionee (or any other person or persons exercising the Option) shall concurrently provide irrevocable written instructions (I) to a Company-designated 

  
 4 

 brokerage firm (or in the case of an executive officer or Board member of the Company, an
Optionee-designated brokerage firm) to effect the immediate sale of the purchased Shares and remit to the Company, out of the sale proceeds available on the settlement date, sufficient funds to cover the aggregate Exercise Price payable for the
purchased Shares plus, if applicable, the amount necessary to satisfy the Company’s withholding obligations at the minimum statutory withholding rates and (II) to the Company to deliver the certificates for the purchased Shares directly to such
brokerage firm in order to complete the sale transaction. 
 (ii) Furnish to the Company appropriate documentation that the
person or persons exercising the Option (if other than Optionee) have the right to exercise this Option. 
 (iii) Make
appropriate arrangements with the Company (or Parent or Subsidiary employing or retaining Optionee) for the satisfaction of all tax withholding requirements applicable to the Option exercise. 

(iv) To the extent that the option is exercised for one or more unvested Option Shares, Optionee (or other person exercising the option)
shall deliver to the Secretary of the Company a purchase agreement for those unvested Option Shares. 
 (b) As soon as practical
after the exercise date, the Company shall issue to or on behalf of Optionee (or any other person or persons exercising this Option) the purchased Option Shares (as evidenced by an appropriate entry on the books of the Company or a duly authorized
transfer agent of the Company), subject to the appropriate legends and/or stop transfer instructions. 
 (c) In no event may
this Option be exercised for any fractional Shares. 
 11. No Impairment of Rights. This Agreement shall not in any way
affect the right of the Company to adjust, reclassify, reorganize or otherwise make changes in its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In
addition, nothing in this Agreement shall in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the shareholders to remove Optionee from the Board at any time in accordance with the
provisions of applicable law. 
 12. Compliance with Laws and Regulations. 

(a) The exercise of this Option and the issuance of the Option Shares upon such exercise shall be subject to compliance by the Company and
Optionee with all applicable laws, regulations and rules relating thereto, including all applicable regulations of any stock exchange (or the Nasdaq Global Select Market, if applicable) on which the Shares may be listed for trading at the time of
such exercise and issuance. 
 (b) The inability of the Company to obtain approval from any regulatory body having authority
deemed by the Company to be necessary to the lawful issuance and sale of any Shares pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance or sale of the Shares as to which such approval shall not have
been obtained. The Company, however, shall use its best efforts to obtain all such approvals. 

  
 5 

 13. Successors and Assigns. Except to the extent otherwise provided in Paragraphs 3, 5,
6 and 7, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and Optionee, Optionee’s assigns and the legal representatives, heirs and legatees of Optionee’s
estate. 
 14. Notices. Any notice required or permitted under the terms of this Agreement shall be in writing and shall be
deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the Company at
the Company’s principal corporate offices or to the Optionee at the address maintained for the Optionee in the Company’s records or, in either case, as subsequently modified by written notice to the other party. 

15. Construction. The Notice, this Agreement, and the Option evidenced hereby (a) are made and granted pursuant to the Plan and
are in all respects limited by and subject to the terms of the Plan, and (b) constitute the entire agreement between Optionee and the Company on the subject matter hereof and supercede all proposals, written or oral, and all other
communications between the parties related to the subject matter. All decisions of the Committee with respect to any question or issue arising under the Notice, this Agreement or the Plan shall be conclusive and binding on all persons having an
interest in this Option. 
 16. Governing Law. The interpretation, performance and enforcement of this Agreement shall be
governed by the laws of the State of California without resort to the conflict of laws principles thereof. 
 17. Excess
Shares. If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of Shares which may without shareholder approval be issued under the Plan, then this Option shall be void with respect to those excess shares,
unless shareholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained in accordance with the provisions of the Plan and all applicable laws, regulations and rules. 

18. Further Instruments. The parties agree to execute such further instruments and to take such further action as may be reasonably
necessary to carry out the purposes and intent of this Agreement. 

  
 6 

 (Prior to Fiscal 2009) 

NON-EMPLOYEE DIRECTOR ANNUAL GRANT 
 CISCO SYSTEMS, INC. 
 NOTICE OF GRANT OF STOCK OPTION

 Notice is hereby given of the following option grant (the “Option”) made to purchase shares of Cisco Systems, Inc. (the
“Company”) common stock: 
 Optionee:
                                         
                                         
                                         
                                         
                           
 Grant Date:
                                         
                                         
                                         
                                         
                           
 Type of Option: Nonstatutory Stock Option 
  

	Grant	Number:
                                         
                                         
                                         
                                         
    

 Number of Option Shares:
                                         
                                         
                                         
                                   shares 

Exercise Price: $             per share 

Expiration Date:
                                         
                                         
                                         
                                         
    
 Date Exercisable: Immediately Exercisable 
 Vesting Schedule 
 The Option Shares shall initially be unvested and subject to
repurchase by the Company at the Exercise Price paid per share. Optionee shall acquire a vested interest in, and the Company’s repurchase right shall accordingly lapse, with respect to, the Option Shares in a series of two (2) successive
equal annual installments upon Optionee’s completion of each year of service as a member of the Board over the two (2) year period measured from the Grant Date. In no event shall any additional Option Shares vest after Optionee’s
cessation of Board service. 
 REPURCHASE RIGHT. OPTIONEE HEREBY AGREES THAT ALL UNVESTED OPTION SHARES ACQUIRED UPON THE EXERCISE OF
THE OPTION SHALL NOT BE TRANSFERABLE AND SHALL BE SUBJECT TO REPURCHASE BY THE COMPANY, AT THE EXERCISE PRICE PAID PER SHARE, UPON OPTIONEE’S TERMINATION OF SERVICE AS A MEMBER OF THE BOARD PRIOR TO VESTING IN THOSE SHARES. THE TERMS AND
CONDITIONS OF SUCH REPURCHASE RIGHT SHALL BE SPECIFIED IN A STOCK PURCHASE AGREEMENT, IN FORM AND SUBSTANCE SATISFACTORY TO THE COMPANY, EXECUTED BY OPTIONEE AT THE TIME OF THE OPTION EXERCISE. 

Optionee understands and agrees that the Option is offered subject to and in accordance with the terms of the Cisco Systems, Inc. 2005 Stock Incentive
Plan (the “Plan”). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement attached hereto. 
 No Service Contract. Nothing in this Notice or in the attached Stock Option Agreement or in the Plan shall confer upon Optionee any right to continue to serve on the Board for any period of
specific duration or interfere with or otherwise restrict in any way the rights of the Company or the Company’s shareholders, which rights are hereby expressly reserved by each, to terminate Optionee’s service on the Board at any time, for
any reason, with or without cause, and in accordance with the provisions of applicable law. 

 Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in
this Notice, the attached Stock Option Agreement or the Plan. 
 DATED:
                        ,          

 

			
	CISCO SYSTEMS, INC.
		
	By:	 	  

	Title:	 	  

	
	  
 OPTIONEE

  
 2 

 STOCK OPTION AGREEMENT 

Recitals 
 A. The Board has
adopted the Plan for the purpose of retaining the services of selected Employees, non-employee members of the Board or of the board of directors of any Parent or Subsidiary and Consultants and other independent advisors who provide services to the
Company (or any Parent or Subsidiary). 
 B. Optionee is to render valuable services to the Company (or a Parent or Subsidiary), and this
Agreement is executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Company’s grant of an option to Optionee. 
 C. All capitalized terms in this Agreement shall have the meaning assigned to them in this Agreement, the attached Notice of Grant of Stock Option (the “ Notice”), or the Plan. 

NOW, THEREFORE, it is hereby agreed as follows: 
 1. Grant of Option. The Company hereby grants to Optionee, as of the Grant Date, a Nonstatutory Stock Option to purchase up to the number of Option Shares specified in the Notice. The
Option Shares shall be purchasable from time to time during the Option term specified in Paragraph 2 at the Exercise Price specified in the Notice. 
 2. Option Term. This Option shall have a maximum term of nine (9) years measured from the Grant Date and shall accordingly expire at the close of business on the Expiration Date,
unless sooner terminated in accordance with Paragraph 4, 5, 6 or 7. 
 3. Non-Transferability. This Option shall not be
anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. Notwithstanding the foregoing, should the Optionee die while holding this
Option, then this Option shall be transferred in accordance with Optionee’s will or the laws of descent and distribution. 
 4.
Exercisability/Vesting. 
 (a) This Option shall be immediately exercisable for any or all of the Option Shares,
whether or not the Option Shares are vested in accordance with the Vesting Schedule set forth in the Notice, and shall remain so exercisable until the Expiration Date or the sooner termination of the Option term under this Paragraph 4 or Paragraph
5, 6 or 7. 
 (b) Optionee shall, in accordance with the Vesting Schedule set forth in the Notice, vest in the Option Shares in
a series of installments over his or her period of Board service. Vesting in the Option Shares may be accelerated pursuant to the provisions of Paragraph 5, 6 or 7. In no event, however, shall any additional Option Shares vest following
Optionee’s cessation of service as a Board member. 
 (c) As an administrative matter, the exercisable portion of this
Option may only be exercised until the close of the Nasdaq Global Select Market on the Expiration Date or 

 the earlier termination date under Paragraph 5, 6 or 7 or, if such date is not a trading day
on the Nasdaq Global Select Market, the last trading day before such date. Any later attempt to exercise this Option will not be honored. For example, if Optionee ceases to remain in service as provided in Paragraph 5(a) and the date twelve
(12) months from the date of cessation is Monday, July 4 (a holiday on which the Nasdaq Global Select Market is closed), Optionee must exercise the exercisable portion of this Option by 4 pm Eastern Daylight Time on Friday, July 1.

 5. Cessation of Board Service. Should Optionee’s service as a Board member cease while this Option remains
outstanding, then the Option term specified in Paragraph 2 shall terminate (and this Option shall cease to be outstanding) prior to the Expiration Date in accordance with the following provisions: 

(a) Should Optionee cease to serve as a Board member for any reason (other than death or Disability) while this Option is outstanding,
then the period for exercising this Option shall be reduced to a twelve (12)-month period commencing with the date of such cessation of Board service, but in no event shall this Option be exercisable at any time after the Expiration Date. During
such limited period of exercisability, this Option may not be exercised in the aggregate for more than the number of Option Shares (if any) in which Optionee is vested on the date of his or her cessation of Board service. Upon the earlier of
(i) the expiration of such twelve (12)-month period or (ii) the specified Expiration Date, the Option shall terminate and cease to be exercisable with respect to any vested Option Shares for which the Option has not been exercised.

 (b) Should Optionee die during the twelve (12)-month period following his or her cessation of Board service and hold this
Option at the time of his or her death, then the personal representative of Optionee’s estate or the person or persons to whom the Option is transferred pursuant to Optionee’s will or in accordance with the laws of descent and distribution
shall have the right to exercise this Option for any or all of the Option Shares in which Optionee is vested at the time of Optionee’s cessation of Board service (less any Option Shares purchased by Optionee after such cessation of Board
service but prior to death). Such right of exercise shall terminate, and this Option shall accordingly cease to be exercisable for such vested Option Shares, upon the earlier of (i) the expiration of the twelve (12)-month period measured
from the date of Optionee’s cessation of Board service or (ii) the specified Expiration Date. 
 (c) Should Optionee
cease service as a Board member by reason of death or Disability, then all Option Shares at the time subject to this Option but not otherwise vested shall immediately vest in full so that Optionee (or the personal representative of Optionee’s
estate or the person or persons to whom the Option is transferred upon Optionee’s death) shall have the right to exercise this Option for any or all of the Option Shares as fully-vested shares of Common Stock at any time prior to the
earlier of (i) the expiration of the twelve (12)-month period measured from the date of Optionee’s cessation of Board service or (ii) the specified Expiration Date. 

(d) Upon Optionee’s cessation of Board service for any reason other than death or Disability, this Option shall immediately
terminate and cease to be 

  
 2 

 outstanding with respect to any and all Option Shares in which Optionee is not otherwise at
that time vested in accordance with the normal Vesting Schedule set forth in the Notice or the special vesting acceleration provisions of Paragraph 6 or 7 below. 
 6. Corporate Transaction. 
 (a) In the event of a Corporate
Transaction, all Option Shares at the time subject to this Option but not otherwise vested shall automatically vest so that this Option shall, immediately prior to the specified effective date for the Corporate Transaction, become fully exercisable
for all of the Option Shares at the time subject to this Option and may be exercised for all or any portion of such shares as fully-vested shares of Common Stock. Immediately following the consummation of the Corporate Transaction, this Option shall
terminate and cease to be outstanding, except to the extent assumed by the successor corporation or its parent company. 
 (b)
If this Option is assumed in connection with a Corporate Transaction, then this Option shall be appropriately adjusted, immediately after such Corporate Transaction, to apply to the number and class of securities which would have been issuable to
Optionee in consummation of such Corporate Transaction had the Option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to the Exercise Price, provided the aggregate Exercise Price
shall remain the same. 
 7. Change In Control/Hostile Take-Over. 

(a) All Option Shares subject to this Option at the time of a Change In Control but not otherwise vested shall automatically vest so that
this Option shall, immediately prior to the effective date of such Change In Control, become fully exercisable for all of the Option Shares at the time subject to this Option and may be exercised for all or any portion of such shares as fully-vested
shares of Common Stock. This Option shall remain exercisable for such fully-vested Option Shares until the earliest to occur of (i) the specified Expiration Date, (ii) the sooner termination of this Option in accordance with
Paragraph 4, 5 or 6 or (iii) the surrender of this Option under Paragraph 7(b). 
 (b) Optionee shall have an unconditional
right (exercisable during the thirty (30)-day period immediately following the consummation of a “Hostile Take-Over” (as defined below)) to surrender this Option to the Company in exchange for a cash distribution from the Company in an
amount equal to the excess of (i) the “Take-Over Price” (as defined below) of the Option Shares at the time subject to the surrendered Option (whether or not those Option Shares are otherwise at the time vested) over (ii) the
aggregate Exercise Price payable for such shares. This Paragraph 7(b) limited stock appreciation right shall in all events terminate upon the expiration or sooner termination of the Option term and may not be assigned or transferred by Optionee. For
purposes of this Option, “Hostile Take-Over” shall mean the acquisition, directly or indirectly, by any person or related group of persons (other than the Company or a person that directly or indirectly controls, is controlled by, or is
under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act) of securities possessing more than thirty five percent (35%) of the total combined voting power of the Company’s
outstanding securities pursuant to a tender or exchange offer made directly to the 

  
 3 

 Company’s shareholders which the Board does not recommend such shareholders to accept.
Further, for purposes of this Option, “Take-Over Price” shall mean the greater of (i) the Fair Market Value on the date the Option is surrendered to the Company in connection with a Hostile Take-Over, or (ii) the highest reported
price per share of Common Stock paid by the tender offeror in effecting the Hostile Take-Over. 
 (c) To exercise the Paragraph
7(b) limited stock appreciation right, Optionee must, during the applicable thirty (30)-day exercise period, provide the Company with written notice of the option surrender in which there is specified the number of Option Shares as to which the
Option is being surrendered. Such notice must be accompanied by the return of Optionee’s copy of this Agreement, together with any written amendments to such Agreement. The cash distribution shall be paid to Optionee within five
(5) business days following such delivery date. Upon receipt of such cash distribution, this Option shall be cancelled with respect to the shares subject to the surrendered Option (or the surrendered portion), and Optionee shall cease to have
any further right to acquire those Option Shares under this Agreement. The Option shall, however, remain outstanding for the balance of the Option Shares (if any) in accordance with the terms and provisions of this Agreement, and the Company shall
accordingly issue a new stock option agreement (substantially in the same form as this Agreement) for those remaining Option Shares. 

8. Adjustment in Option Shares. In the event of a subdivision of the outstanding Shares, a declaration of a dividend payable in
Shares, a declaration of a dividend payable in a form other than Shares in an amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Shares (by reclassification or otherwise) into a lesser number
of Shares, a recapitalization, a spin-off or a similar occurrence, appropriate adjustments shall be made to (i) the total number and/or kind of shares or securities subject to this Option and (ii) the Exercise Price in order to reflect
such change and thereby preclude a dilution or enlargement of benefits hereunder. 
 9. Shareholder Rights. The holder of
this Option shall not have any shareholder rights with respect to the Option Shares until such person shall have exercised the Option, paid the Exercise Price and become a holder of record of the purchased Shares. 

10. Manner of Exercising Option. 
 (a) In order to exercise this Option with respect to all or any part of the Option Shares for which this Option is at the time exercisable, Optionee (or any other person or persons exercising the Option)
must take the following actions: 
 (i) Pay the aggregate Exercise Price for the purchased Shares in one or more of the following
forms: 
 (A) cash or check which, in the Company’s sole discretion, shall be made payable to a Company-designated
brokerage firm or the Company; and 
 (B) as permitted by applicable law, through a special sale and remittance procedure
pursuant to which Optionee (or any other person or persons exercising the Option) shall concurrently provide irrevocable written instructions (I) to a Company-designated 

  
 4 

 brokerage firm (or in the case of an executive officer or Board member of the Company, an
Optionee-designated brokerage firm) to effect the immediate sale of the purchased Shares and remit to the Company, out of the sale proceeds available on the settlement date, sufficient funds to cover the aggregate Exercise Price payable for the
purchased Shares plus, if applicable, the amount necessary to satisfy the Company’s withholding obligations at the minimum statutory withholding rates and (II) to the Company to deliver the certificates for the purchased Shares directly to such
brokerage firm in order to complete the sale transaction. 
 (ii) Furnish to the Company appropriate documentation that the
person or persons exercising the Option (if other than Optionee) have the right to exercise this Option. 
 (iii) Make
appropriate arrangements with the Company (or Parent or Subsidiary employing or retaining Optionee) for the satisfaction of all tax withholding requirements applicable to the Option exercise. 

(iv) To the extent that the option is exercised for one or more unvested Option Shares, Optionee (or other person exercising the option)
shall deliver to the Secretary of the Company a purchase agreement for those unvested Option Shares. 
 (b) As soon as practical
after the exercise date, the Company shall issue to or on behalf of Optionee (or any other person or persons exercising this Option) the purchased Option Shares (as evidenced by an appropriate entry on the books of the Company or a duly authorized
transfer agent of the Company), subject to the appropriate legends and/or stop transfer instructions. 
 (c) In no event may
this Option be exercised for any fractional Shares. 
 11. No Impairment of Rights. This Agreement shall not in any way
affect the right of the Company to adjust, reclassify, reorganize or otherwise make changes in its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In
addition, nothing in this Agreement shall in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the shareholders to remove Optionee from the Board at any time in accordance with the
provisions of applicable law. 
 12. Compliance with Laws and Regulations. 

(a) The exercise of this Option and the issuance of the Option Shares upon such exercise shall be subject to compliance by the Company and
Optionee with all applicable laws, regulations and rules relating thereto, including all applicable regulations of any stock exchange (or the Nasdaq Global Select Market, if applicable) on which the Shares may be listed for trading at the time of
such exercise and issuance. 
 (b) The inability of the Company to obtain approval from any regulatory body having authority
deemed by the Company to be necessary to the lawful issuance and sale of any Shares pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance or sale of the Shares as to which such approval shall not have
been obtained. The Company, however, shall use its best efforts to obtain all such approvals. 

  
 5 

 13. Successors and Assigns. Except to the extent otherwise provided in Paragraphs 3, 5,
6 and 7, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and Optionee, Optionee’s assigns and the legal representatives, heirs and legatees of Optionee’s
estate. 
 14. Notices. Any notice required or permitted under the terms of this Agreement shall be in writing and shall be
deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the Company at
the Company’s principal corporate offices or to the Optionee at the address maintained for the Optionee in the Company’s records or, in either case, as subsequently modified by written notice to the other party. 

15. Construction. The Notice, this Agreement, and the Option evidenced hereby (a) are made and granted pursuant to the Plan and
are in all respects limited by and subject to the terms of the Plan, and (b) constitute the entire agreement between Optionee and the Company on the subject matter hereof and supercede all proposals, written or oral, and all other
communications between the parties related to the subject matter. All decisions of the Committee with respect to any question or issue arising under the Notice, this Agreement or the Plan shall be conclusive and binding on all persons having an
interest in this Option. 
 16. Governing Law. The interpretation, performance and enforcement of this Agreement shall be
governed by the laws of the State of California without resort to the conflict of laws principles thereof. 
 17. Excess
Shares. If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of Shares which may without shareholder approval be issued under the Plan, then this Option shall be void with respect to those excess shares,
unless shareholder approval of an amendment sufficiently increasing the number of Shares issuable under the Plan is obtained in accordance with the provisions of the Plan and all applicable laws, regulations and rules. 

18. Further Instruments. The parties agree to execute such further instruments and to take such further action as may be reasonably
necessary to carry out the purposes and intent of this Agreement. 

  
 6 

 NON-EMPLOYEE DIRECTOR STOCK GRANT 

CISCO SYSTEMS, INC. 
 STOCK GRANT AGREEMENT 
 This Stock Grant Agreement (the “Agreement”) is
made and entered into as of the Grant Date (as defined below) by and between Cisco Systems, Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The
material terms of this Stock Grant Award are as follows: 
  

			
	Grantee:	 	 
		
	Grant Date:	 	 
		
	Grant Number:	 	 
		
	Restricted Shares:  	 	 
		
	Vest Date:	 	The completion of one (1) year of Board service measured from the Grant Date.

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them
in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Shares. Pursuant to the Plan, the Company hereby transfers to you, and you hereby accept from the Company, a Stock Grant Award consisting of the Restricted Shares, on
the terms and conditions set forth herein and in the Plan. 
 2. Vesting of Restricted Shares. So long as your service on
the Board continues, the Restricted Shares shall vest in accordance with the following schedule: one-hundred percent (100%) of the total number of Restricted Shares issued pursuant to this Agreement shall vest on the Vest Date, unless otherwise
provided by the Plan or Section 3 below. Except as provided in Section 3 below, in the event of the termination of your Board service for any reason, all unvested Restricted Shares shall be immediately forfeited without consideration. For
purposes of facilitating the enforcement of the provisions of this Section 2, the Company may issue stop-transfer instructions on the Restricted Shares to the Company’s transfer agent, or otherwise hold the Restricted Shares in escrow,
until the Restricted Shares have vested and you have satisfied all applicable obligations with respect to the Restricted Shares, including any applicable tax withholding obligations set forth in Section 5 below. Any new, substituted or
additional securities or other property which is issued or distributed with respect to the unvested Restricted Shares shall be subject to the same terms and conditions as are applicable to the unvested Restricted Shares under this Agreement and the
Plan. 

 3. Special Acceleration. 

(a) To the extent the Restricted Shares are outstanding at the time of a Corporate Transaction or a Change in Control, but not otherwise
fully vested, such Restricted Shares shall automatically accelerate immediately prior to the effective date of the Corporate Transaction or the Change in Control, as the case may be, and shall become vested in full at that time. 

(b) If your service on the Board ceases as a result of your death or Disability then, to the extent the Restricted Shares are
outstanding, but not otherwise fully vested, such Restricted Shares shall automatically accelerate and shall become vested in full at that time. 
 (c) This Stock Grant Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate,
dissolve, liquidate, sell or transfer all or any part of its business or assets. 
 4. Restriction on Election to Recognize Income
in the Year of Grant. Under Section 83 of the Code, the Fair Market Value of the Restricted Shares on the date the Restricted Shares vest will be taxable as ordinary income at that time. You understand, acknowledge and agree that, as a
condition to the grant of this Award, you may not elect to be taxed at the time the Restricted Shares are acquired by filing an election under Section 83(b) of the Code with the Internal Revenue Service. 

5. Withholding Taxes. You agree to make arrangements satisfactory to the Company for the satisfaction of any applicable withholding
tax obligations that arise in connection with the Restricted Shares which, at the sole discretion of the Company, may include (i) having the Company withhold Shares from the Restricted Shares held in escrow, or (ii) any other arrangement
approved by the Company, in any case, equal in value to the amount necessary to satisfy any such withholding tax obligation. Such Shares shall be valued based on the Fair Market Value as of the day prior to the date that the amount of tax to be
withheld is to be determined under applicable law. The Company shall not be required to release the Restricted Shares from the stop-transfer instructions or escrow unless and until such obligations are satisfied. 

6. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties or representations to you with respect
to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax consequences. YOU UNDERSTAND THAT THE TAX LAWS AND
REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX ADVISOR REGARDING ANY STOCK GRANT AWARD. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING TAXPAYER PENALTIES. 

7. Non-Transferability of Restricted Shares. Restricted Shares which have not vested pursuant to Section 2 above shall not be
anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by the operation of law. However, this Section 7 shall not 

  
 2 

 preclude you from designating a beneficiary who will receive any vested Restricted Shares in the event of
the your death, nor shall it preclude a transfer of vested Restricted Shares by will or by the laws of descent and distribution. 
 8.
Restriction on Transfer. Regardless of whether the transfer or issuance of the Restricted Shares has been registered under the Securities Act or has been registered or qualified under the securities laws of any state, the Company may
impose additional restrictions upon the sale, pledge, or other transfer of the Restricted Shares (including the placement of appropriate legends on stock certificates and the issuance of stop-transfer instructions to the Company’s transfer
agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions of the Securities Act, the securities laws of any state, or any other law. 

9. Stock Certificate Restrictive Legends. Stock certificates evidencing the Restricted Shares may bear such restrictive legends as
the Company and the Company’s counsel deem necessary under applicable law or pursuant to this Agreement. 
 10.
Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that in the event the Company and the Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of
the Restricted Shares may be conditioned upon you making certain representations, warranties, and acknowledgments relating to compliance with applicable securities laws. 
 11. Voting and Other Rights. Subject to the terms of this Agreement, you shall have all the rights and privileges of a shareholder of the Company while the Restricted Shares are
subject to stop-transfer instructions, or otherwise held in escrow, including the right to vote and to receive dividends (if any). 
 12.
Authorization to Release Necessary Personal Information. 
 (a) You hereby authorize and direct the Company to
collect, use and transfer in electronic or other form, any personal information (the “Data”) regarding your service, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but
not limited to, your name, home address, telephone number, date of birth, social security number (or any other social or national identification number), compensation, nationality, job title, number of Shares held and the details of all Awards or
any other entitlement to Shares awarded, cancelled, exercised, vested, unvested or outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the
Company or any of its Subsidiaries, or to any third parties assisting in the implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the administration of this Stock
Grant Award under the Plan or with whom Shares acquired pursuant to this Stock Grant Award or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be located in different countries, and those countries
may have data privacy laws and protections different from those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is
necessary for your participation in the Plan. 

  
 3 

 (b) You may at any time withdraw the consents herein by contacting your local human
resources representative in writing. You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from this Stock Grant Award, and your ability to participate in the Plan. 

13. No Entitlement or Claims for Compensation. 
 (a) Your rights, if any, in respect of or in connection with this Stock Grant Award or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the
Plan and to benefit from a discretionary Award. By accepting this Stock Grant Award, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Stock Grant
Award is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension
benefits, severance, redundancy, resignation or any other purpose. 
 (b) Neither the Plan nor this Stock Grant Award or any
other Award granted under the Plan shall be deemed to give you a right to remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the
right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed
irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Stock Grant Award or any outstanding Award that is
forfeited and/or is terminated by its terms or to any future Award. 
 (c) You agree that the Company may require that
Restricted Shares be held by a broker designated by the Company. In addition, you agree that your rights hereunder shall be subject to set-off by the Company for any valid debts you owe the Company. 

14. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without
regard to the conflict of laws principles thereof. 
 15. Notices. Any notice required or permitted under the terms of this
Agreement shall be in writing and shall be deemed sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage
prepaid, and addressed to the Company at the Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party.

 16. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and
inure to the benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 

17. Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than
voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 

  
 4 

 DATED:
                        ,          

 

			
	CISCO SYSTEMS, INC.
		
	By:	 	  

	Title:	 	  

	
	  
 GRANTEE

  
 5 

 NON-EMPLOYEE DIRECTOR STOCK UNIT 

IN LIEU OF ANNUAL RETAINER 
 CISCO SYSTEMS, INC. 
 STOCK UNIT AGREEMENT 

This Stock Unit Agreement (the “Agreement”) is made and entered into as of the Grant Date (as defined below) by and between Cisco Systems,
Inc., a California corporation (the “Company”), and you pursuant to the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “Plan”). The material terms of this Stock Unit Award are as follows: 

 

							
	Grantee:	  	  
	  		  	

							
	Grant Date:	  	  
	  		  	

							
	Grant Number:	  	  
	  		  	

							
	Restricted Stock Units:	  	  
	  		  	

 To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them
in the Plan. In the event of a conflict between the terms and provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and provisions shall prevail. 
 In consideration of the mutual agreements herein contained and intending to be legally bound hereby, the parties agree as follows: 
 1. Restricted Stock Units. Pursuant to the Plan, the Company hereby grants to you, and you hereby accept from the Company, Restricted Stock Units, each of which is a bookkeeping entry
representing the equivalent in value of one (1) Share, on the terms and conditions set forth herein and in the Plan. 
 2. Vesting
of Restricted Stock Units. One-hundred percent (100%) of the total number of Restricted Stock Units granted pursuant to this Agreement shall vest on the Grant Date. 
 3. Settlement of Restricted Stock Units. Restricted Stock Units shall be automatically settled in Shares upon your separation from service within the meaning of Code Section 409A
(“Separation from Service”), provided that the Company shall have no obligation to issue Shares pursuant to this Agreement unless and until you have satisfied any applicable tax withholding obligations and such issuance otherwise complies
with all applicable law. 
 4. Tax Advice. You represent, warrant and acknowledge that the Company has made no warranties
or representations to you with respect to the income tax consequences of the transactions contemplated by this Agreement, and you are in no manner relying on the Company or the Company’s representatives for an assessment of such tax
consequences. YOU UNDERSTAND THAT THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD CONSULT YOUR OWN TAX ADVISOR REGARDING ANY RESTRICTED STOCK UNITS. NOTHING STATED HEREIN IS INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE
PURPOSE OF AVOIDING TAXPAYER PENALTIES. 

 5. Non-Transferability of Restricted Stock Units. Restricted Stock Units shall not be
anticipated, assigned, attached, garnished, optioned, transferred or made subject to any creditor’s process, whether voluntarily or involuntarily or by operation of law. However, this Section 5 shall not preclude you from designating a
beneficiary who will receive vested Shares pursuant to this award in the event of your death, nor shall it preclude a transfer of vested Shares pursuant to this award by will or by the laws of descent and distribution. 

6. Restriction on Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the Restricted
Stock Units has been registered under the Securities Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the
placement of appropriate legends on stock certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order
to achieve compliance with the provisions of the Securities Act, the securities laws of any state, or any other law. 
 7. Stock
Certificate Restrictive Legends. Stock certificates evidencing the Shares issued pursuant to the Restricted Stock Units may bear such restrictive legends as the Company and the Company’s counsel deem necessary under applicable
law or pursuant to this Agreement. 
 8. Representations, Warranties, Covenants, and Acknowledgments. You hereby agree that
in the event the Company and the Company’s counsel deem it necessary or advisable in the exercise of their discretion, the transfer or issuance of the Shares issued pursuant to the Restricted Stock Units may be conditioned upon you making
certain representations, warranties, and acknowledgments relating to compliance with applicable securities laws. 
 9. Voting and
Other Rights. Subject to the terms of this Agreement, you shall not have any voting rights or any other rights and privileges of a shareholder of the Company unless and until the Restricted Stock Units are settled in Shares upon your
Separation from Service. 
 10. Authorization to Release Necessary Personal Information. 

(a) You hereby authorize and direct the Company to collect, use and transfer in electronic or other form, any personal information (the
“Data”) regarding your service, the nature and amount of your compensation and the facts and conditions of your participation in the Plan (including, but not limited to, your name, home address, telephone number, date of birth, social
security number (or any other social or national identification number), compensation, nationality, job title, number of Shares held and the details of all Awards or any other entitlement to Shares awarded, cancelled, exercised, vested, unvested or
outstanding) for the purpose of implementing, administering and managing your participation in the Plan. You understand that the Data may be transferred to the Company or any of its Subsidiaries, or to any third parties assisting in the
implementation, administration and management of the Plan, including any requisite transfer to a broker or other third party assisting with the administration of these Restricted Stock Units under the Plan or with whom Shares acquired pursuant to
these Restricted Stock Units or cash from the sale of such shares may be deposited. You acknowledge that recipients of the Data may be located in different countries, and those countries may have data privacy laws and protections different from
those in the country of your residence. Furthermore, you acknowledge and understand that the transfer of the Data to the Company or any of its Subsidiaries, or to any third parties is necessary for your participation in the Plan. 

  
 2 

 (b) Prior to the time that the Restricted Stock Units are settled in Shares upon your
Separation from Service, you shall have no rights other than those of a general creditor of the Company. The Restricted Stock Units represent an unfunded and unsecured obligation of the Company. 

(c) You may at any time withdraw the consents herein by contacting the Company’s local human resources representative in writing.
You further acknowledge that withdrawal of consent may affect your ability to exercise or realize benefits from these Restricted Stock Units, and your ability to participate in the Plan. 
 11. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws principles thereof.

 12. Notices. Any notice required or permitted under the terms of this Agreement shall be in writing and shall be deemed
sufficient when delivered personally or sent by confirmed email, telegram, or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the Company at the
Company’s principal corporate offices or to you at the address maintained for you in the Company’s records or, in either case, as subsequently modified by written notice to the other party. 

13. Binding Effect. Subject to the limitations set forth in this Agreement, this Agreement shall be binding upon, and inure to the
benefit of, the executors, administrators, heirs, legal representatives, successors, and assigns of the parties hereto. 
 14.
Severability. If any provision of this Agreement is held to be unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve the intent of the parties to the extent possible. In any event, all
other provisions of this Agreement shall be deemed valid and enforceable to the full extent possible. 
  

			
	DATED:	 	  

  

			
	CISCO SYSTEMS, INC.
		
	By:	 	  

	Title:	 	  

	
	  

	GRANTEE

  
 3 

 NON-EMPLOYEE DIRECTOR ELECTION UNDER THE 

CISCO SYSTEMS, INC. 2005 STOCK INCENTIVE PLAN 
 INITIAL EQUITY AWARD 
 I,
                                         
               , being a prospective newly elected or appointed non-employee member of the Board of Directors of Cisco Systems, Inc. (the “Company”) hereby elect
to defer the settlement of my total initial restricted stock unit award anticipated to be granted under the 2005 Stock Incentive Plan (the “Plan”) on
                         in connection with my initial election or appointment as a non-employee member of the Board of
Directors of the Company. 
 This election will be effective only if received by
                                         
                on or before
                                         
                [the date of the non-employee director’s election or appointment]. 
 If I do not elect to defer the settlement of my initial restricted stock unit grant, the restricted stock unit grant will be automatically settled in shares of the Company’s common stock on, or as
soon as practicable after, the below described vesting dates of the restricted stock unit grant. 
 Fifty percent (50%) of my initial
restricted stock unit grant will vest upon the completion of one year of Board service measured from my initial appointment or election date and the remaining fifty percent (50%) will vest upon my completion of one year of Board service
thereafter (subject to acceleration in certain cases), as more fully set forth in the Stock Unit Agreement. I understand that if my “separation from service” within the meaning of Section 409A of the Internal Revenue Code
(“Separation from Service”) occurs before my restricted stock unit grant vests, any unvested portion will be forfeited. 
 I
understand that if I elect to defer the settlement of my initial restricted stock unit grant, any vested portion of my stock unit grant will not be settled in shares of the Company’s common stock upon the above mentioned vesting dates, but
instead will be settled in shares of the Company’s common stock on, or as soon as practicable after, my Separation from Service (which generally will be the date my service as a member of the Board of Directors of the Company terminates).

 I understand that my receipt of shares of the Company’s common stock pursuant to any stock unit grant will be taxed as ordinary income
to me based on the value of the shares on the date the stock unit grant is settled and I receive shares of the Company’s common stock. 
  

							
	  
	 		 	  

	Signature of Non-Employee Director	 		 		 	Date

 * Because individual circumstances vary, Cisco Systems, Inc. can not provide tax advice and you should consult with
your own tax advisor regarding the income tax consequences of your potential elections. 

 NON-EMPLOYEE DIRECTOR ELECTION UNDER THE 

CISCO SYSTEMS, INC. 2005 STOCK INCENTIVE PLAN 
 ANNUAL RETAINER & EQUITY AWARD 
 ANNUAL RETAINER 

I,
                                         
               , being a non-employee member of the Board of Directors of Cisco Systems, Inc. (the “Company”) hereby elect to receive (complete either
(a) or (b) below): 
  

	(a)	        % (insert 0% OR a percentage between 25% and 100%) of my total annual retainer for the next year of Board
service commencing at the next annual meeting of shareholders; 

  

	(b)	$             (insert $0 OR a dollar amount between $18,750 and $75,000) of my total annual
retainer for the next year of Board service commencing at the next annual meeting of shareholders; 

 in the form of (check either
(i) or (ii) below): 
 (i)              a fully
vested deferred stock unit grant which will be granted under the 2005 Stock Incentive Plan (the “Plan”) on November     , 200   based on the closing value of the Company’s common stock
on that date; 
 (ii)              a fully vested stock grant
which will be granted under the Plan on November     , 200   based on the closing value of the Company’s common stock on that date. 
 I understand that this election will be effective only if received by
                                     on or before
                     [December 31, [PRECEDING YEAR]]. 
 I further understand that I will receive my annual retainer in the form of cash to the extent that I do not elect to receive it in the form of a stock unit grant or stock grant under the Plan on, or as
soon as practicable after, the date of the annual meeting of shareholders on                     , 20    .

 I understand that, if I elect to receive a stock unit grant, any such stock unit grant will be settled in shares of the Company’s common
stock on, or as soon as practicable after, my “separation from service” within the meaning of Section 409A of the Internal Revenue Code (which generally will be the date my service as a member of the Board of Directors of the Company
terminates). 
 I further understand that my receipt of shares of the Company’s common stock pursuant to any stock unit grant will be taxed
as ordinary income to me based on the value of the shares on the date the stock unit grant is settled and I receive shares of the Company’s common stock. 
 I understand that, if I elect to receive a stock grant, I will receive the shares representing any such stock grant on, or as soon as practicable after, the date of the annual shareholder meeting and that
my receipt of a stock grant will be taxed as ordinary income to me based on the value of the shares on the date of grant. 

 ANNUAL EQUITY AWARD 
 I further (check one) (i)          ELECT or (ii)          DO NOT ELECT to defer the
settlement of my total annual restricted stock unit award anticipated to be granted under the 2005 Stock Incentive Plan (the “Plan”) on
                    , 20     immediately following the Company’s 20     Annual
Meeting of Shareholders. 
 I understand that this election will be effective only if received by
                                     on or before
                     [December 31, [PRECEDING YEAR]]. 
 If I do not elect to defer the settlement of my annual restricted stock unit grant, the above-mentioned restricted stock unit grant will be automatically settled in shares of the Company’s common
stock on, or as soon as practicable after, the vesting of the restricted stock unit grant upon the completion of one year of Board service following the date of grant (subject to acceleration in certain cases), as more fully set forth in the Stock
Unit Agreement. I understand that if my “separation from service” within the meaning of Section 409A of the Internal Revenue Code (“Separation from Service”) occurs before my restricted stock unit grant vests, the grant will
be forfeited. 
 I understand that if I elect to defer the settlement of the above-mentioned annual restricted stock unit grant, any vested
portion of my restricted stock unit grant will not be settled in shares of the Company’s common stock upon the above-described vesting date, but instead will be settled in shares of the Company’s common stock on, or as soon as practicable
after, my Separation from Service (which generally will be the date my service as a member of the Board of Directors of the Company terminates). 
 I understand that my receipt of shares of the Company’s common stock pursuant to any stock unit grant will be taxed as ordinary income to me based on the value of the shares on the date the stock
unit grant is settled and I receive shares of the Company’s common stock. 
  

							
	  
	 		 	  

	Signature of Non-Employee Director	 		 		 	Date

 * Because individual circumstances vary, Cisco Systems, Inc. can not provide tax advice and you should consult with
your own tax advisor regarding the income tax consequences of your potential elections. 

 CISCO SYSTEMS, INC. 

VESTING ACCELERATION POLICY 
 FOR 
 DEATH AND TERMINAL ILLNESS 

AS 

AMENDED SEPTEMBER 8, 2011 

Unless and until the Compensation & Management Development Committee of the Board of Directors of Cisco Systems, Inc. determines otherwise, the
following policy shall be applied to all equity awards issued under any equity plan maintained Cisco or any Cisco subsidiary, including equity awards and/or equity plans assumed by Cisco in connection with its acquisition of companies, and held by
any employee of Cisco or any Cisco subsidiary (each such award shall be referred to herein as an “equity award”), except to the extent that the application of such policy would be prohibited by the applicable equity plan, equity award
agreement or any applicable law, rule or regulation. 
 For purposes of this policy: 

 

	 	•	 	 the value of stock options and stock appreciation rights is based on the difference between the exercise price of the equity awards and the closing
price of Cisco’s stock on the date of the employee’s death or terminal illness, as applicable, or if such day is not a trading day, the last trading day prior to the date of death or terminal illness, as applicable; and

  

	 	•	 	 the value of stock grants, stock units, and unvested shares previously acquired pursuant to equity awards (such shares are referred to herein as
“unvested equity award shares”) is based on the difference between the purchase price, if any, and the closing price of Cisco’s stock on the date of the employee’s death or terminal illness, as applicable, or if such day is not a
trading day, the last trading day prior to the date of death or terminal illness, as applicable; 

  

	 	•	 	 “unvested equity award shares” includes outstanding and unvested performance-based restricted stock or stock unit awards and the accelerated
vesting of such awards will be deemed to occur at target levels, subject to the specified limits below; and 

  

	 	•	 	 to the extent the vesting of any performance-based restricted stock or stock unit award is accelerated pursuant to this policy, the award will be
settled upon the death or terminal illness of an employee, as the case may be, except that if the applicable award is subject to Section 409A of the Internal Revenue Code (“Code Section 409A”) and such terminal illness does not
qualify as a “Disability” within the meaning of Code Section 409A, then the award will instead be settled on the fixed payment date following the end of the performance period on which the applicable award is normally paid out.

 ACCELERATION UPON DEATH OF EMPLOYEE 
 Upon the death of an employee, Cisco will accelerate the vesting of the employee’s outstanding equity awards and any unvested equity award shares up to a specified limit based on the value of the
equity awards and/or shares on the date of death. The limit on the amount of accelerated vesting is the greater of: (a) one-hundred percent (100%) of the unvested equity awards and/or unvested equity award shares up to a total value of $10
million; or (b) up to one year of vesting from the date of death as to all unvested equity awards and/or unvested equity award shares. For example, if an employee held unvested options for 100,000 shares with an exercise price of $1 which would
vest in four annual installments of 25,000 shares, and the closing price of Cisco’s stock on the date of the employee’s death was $101, all 100,000 of the shares would become vested (100,000 shares x $100 (the difference between $101 and
$1) = $10,000,000). 
 ACCELERATION UPON TERMINAL ILLNESS OF EMPLOYEE 
 Upon the terminal illness of an employee, Cisco will accelerate the vesting of the employee’s outstanding equity awards and any unvested equity award shares up to a specified limit based on the value
of the equity 

 
awards and/or shares on the date of the terminal illness. An employee will be considered terminally ill upon the approval by Cisco’s employee life insurance provider of the accelerated life
insurance benefit which indicates 12 months or less to live. When a request is made to accelerate the vesting of an employee’s outstanding equity awards and early life insurance payouts are not also requested, an employee will be considered
terminally ill upon the approval by Cisco’s external, independent medical review vendor (which may include Cisco’s employee life insurance provider). The date of terminal illness will be the date the determination is made by Cisco’s
employee life insurance provider or Cisco’s external, independent medical review vendor. The limit on the amount of accelerated vesting is the greater of: (a) one-hundred percent (100%) of the unvested equity awards and/or unvested
equity award shares up to a total value of $10 million; or (b) up to one year of vesting from the date of the terminal illness as to all unvested equity awards and/or unvested equity award shares. For example, if an employee holds unvested
options for 100,000 shares with an exercise price of $1 which would vest in four annual installments of 25,000 shares, and the closing price of Cisco’s stock on the date that the employee is determined to be terminally ill was $101, all 100,000
of the shares would become vested (100,000 shares x $100 (the difference between $101 and $1) = $10,000,000). 

 CISCO SYSTEMS, INC. 

VESTING POLICY 
 FOR 
 LEAVES OF ABSENCE 

Unless and until the Compensation & Management Development Committee of the Board of Directors of Cisco Systems, Inc. determines otherwise, the
following policy shall be applied to all equity awards issued under any equity plan maintained Cisco or any Cisco subsidiary, including equity awards and/or equity plans assumed by Cisco in connection with its acquisition of companies, and held by
any employee of Cisco or any Cisco subsidiary (each such award shall be referred to herein as an “equity award”), except to the extent that the application of such policy would be prohibited by the applicable equity plan, equity award
agreement or any applicable law, rule or regulation. 
 (Effective until approximately November 2008) 

SUSPENSION OF VESTING UPON AUTHORIZED LEAVE OF ABSENCE 
 The exercise or vesting schedule in effect for any outstanding equity award and any unvested shares previously acquired pursuant to any equity award (such shares referred to herein as “unvested
equity award shares”) held by an employee at the time of the employee’s commencement of an authorized leave of absence shall be suspended as of the first day of the authorized leave of absence, and the equity award and any unvested equity
shares shall not vest and/or become exercisable for any additional shares during the period the employee remains on such leave of absence. 

(Effective in or around November 2008) 

90 DAYS CONTINUED VESTING ON AUTHORIZED LEAVES OF ABSENCE 
 The exercise or vesting schedule in effect for any outstanding equity award and any unvested shares previously acquired pursuant to any equity award (such shares referred to herein as “unvested
equity award shares”) held by an employee at the time of the employee’s commencement of an authorized leave of absence shall continue to vest and/or become exercisable in accordance with the vesting schedule set forth in the applicable
equity award agreement during the period the employee remains on such authorized leave of absence; provided that, in no event shall any employee be entitled to vest for more than 90 days of authorized leaves of absence during any rolling 12-month
period (the “LOA Limit”). 
 If an employee exceeds the LOA Limit during any rolling 12-month period, the unvested equity award shares
held by such an employee shall be suspended immediately following the expiration of the LOA Limit and the equity award and any unvested equity shares shall not vest and/or become exercisable for any additional shares during the remainder of the
rolling 12-month period. 

 CISCO SYSTEMS, INC. 

TRANSFER POLICY 
 FOR 
 DIVORCE 

Unless and until the Compensation & Management Development Committee of the Board of Directors of Cisco Systems, Inc. determines otherwise, the
following policy shall be applied to all equity awards issued under any equity plan maintained Cisco or any Cisco subsidiary, including equity awards and/or equity plans assumed by Cisco in connection with its acquisition of companies, and held by
any employee of Cisco or any Cisco subsidiary (each such award shall be referred to herein as an “equity award”), except to the extent that the application of such policy would be prohibited by the applicable equity plan, equity award
agreement or any applicable law, rule or regulation. 
 PROHIBITION ON TRANSFER OF EQUITY AWARDS UPON DIVORCE 

Except as provided below, equity awards and any unvested shares acquired pursuant to equity awards shall not be anticipated, assigned, attached,
garnished, optioned, transferred or made subject to any creditor’s process in connection with the divorce of the holder of such equity award or shares. Equity awards and any unvested shares acquired pursuant to equity awards may be transferred
by an executive officer of Cisco only to the extent required by a domestic relations order, as defined by the Internal Revenue Code or Title I of the Employee Retirement Income Security Act, or the rules thereunder, in settlement of marital property
rights by any court of competent jurisdiction.Form of Indenture

 Exhibit 4.1 
 O’REILLY AUTOMOTIVE, INC. 
 as Issuer, 

EACH OF THE SUBSIDIARY GUARANTORS FROM TIME TO TIME PARTY HERETO 

as Subsidiary Guarantors 
 UMB BANK, N.A. 
 as Trustee 

 
  
 INDENTURE 
 Dated as of September [•], 2011 

 
  
 [•]% SENIOR NOTES DUE 2021 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 ARTICLE ONE. DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	1	  
			
	 SECTION 1.01.
	  	Definitions.	  	 	1	  
			
	 SECTION 1.02.
	  	Other Definitions.	  	 	9	  
			
	 SECTION 1.03.
	  	Incorporation by Reference of Trust Indenture Act	  	 	9	  
			
	 SECTION 1.04.
	  	Rules of Construction	  	 	10	  
		
	 ARTICLE TWO. THE SECURITIES
	  	 	10	  
			
	 SECTION 2.01.
	  	Form Generally	  	 	10	  
			
	 SECTION 2.02.
	  	Notes in Global Form	  	 	10	  
			
	 SECTION 2.03.
	  	Amount of Notes	  	 	11	  
			
	 SECTION 2.04.
	  	Execution, Authentication, Delivery and Dating.	  	 	11	  
			
	 SECTION 2.05.
	  	Registrar and Paying Agent	  	 	12	  
			
	 SECTION 2.06.
	  	Paying Agent to Hold Money in Trust	  	 	12	  
			
	 SECTION 2.07.
	  	Holder Lists	  	 	12	  
			
	 SECTION 2.08.
	  	Registration, Registration of Transfer and Exchange	  	 	12	  
			
	 SECTION 2.09.
	  	Replacement Notes	  	 	13	  
			
	 SECTION 2.10.
	  	Outstanding Notes	  	 	14	  
			
	 SECTION 2.11.
	  	When Notes Disregarded	  	 	14	  
			
	 SECTION 2.12.
	  	Temporary Notes	  	 	14	  
			
	 SECTION 2.13.
	  	Cancellation	  	 	14	  
			
	 SECTION 2.14.
	  	Payment of Interest	  	 	15	  
			
	 SECTION 2.15.
	  	Persons Deemed Owners	  	 	15	  
			
	 SECTION 2.16.
	  	Computation of Interest	  	 	15	  
			
	 SECTION 2.17.
	  	CUSIP Numbers	  	 	15	  
			
	 SECTION 2.18.
	  	Issuance of Additional Notes.	  	 	15	  
		
	 ARTICLE THREE. REDEMPTION AND PREPAYMENT
	  	 	16	  
			
	 SECTION 3.01.
	  	Notices to Trustee	  	 	16	  
			
	 SECTION 3.02.
	  	Selection of Notes to be Redeemed	  	 	16	  
			
	 SECTION 3.03.
	  	Notice of Redemption	  	 	16	  
			
	 SECTION 3.04.
	  	Effect of Notice of Redemption	  	 	17	  
			
	 SECTION 3.05.
	  	Deposit of Redemption Price	  	 	17	  
			
	 SECTION 3.06.
	  	Notes Redeemed in Part	  	 	17	  
			
	 SECTION 3.07.
	  	Optional Redemption	  	 	17	  
			
	 SECTION 3.08.
	  	Sinking Fund	  	 	18	  
			
	 SECTION 3.09.
	  	Change of Control	  	 	18	  

							
		
	 ARTICLE FOUR. COVENANTS
	  	 	19	  
			
	 SECTION 4.01.
	  	Payment of Notes	  	 	19	  
			
	 SECTION 4.02.
	  	SEC Reports	  	 	19	  
			
	 SECTION 4.03.
	  	Compliance Certificate	  	 	20	  
			
	 SECTION 4.04.
	  	Further Instruments and Acts	  	 	20	  
			
	 SECTION 4.05.
	  	Corporate Existence	  	 	20	  
			
	 SECTION 4.06.
	  	Limitations on Liens	  	 	20	  
			
	 SECTION 4.07.
	  	Limitation on Sale and Leaseback Transactions	  	 	20	  
			
	 SECTION 4.08.
	  	Maintenance of Office or Agency	  	 	21	  
			
	 SECTION 4.09.
	  	Subsidiary Guarantees	  	 	21	  
		
	 ARTICLE FIVE. SUCCESSOR COMPANIES
	  	 	21	  
			
	 SECTION 5.01.
	  	Merger, Consolidation or Sale of Assets of the Company	  	 	22	  
			
	 SECTION 5.02.
	  	Merger, Consolidation or Sale of Assets of Subsidiary Guarantors	  	 	22	  
			
	 SECTION 5.03.
	  	Surviving Person Substituted	  	 	23	  
		
	 ARTICLE SIX. DEFAULTS AND REMEDIES
	  	 	23	  
			
	 SECTION 6.01.
	  	Events of Default	  	 	23	  
			
	 SECTION 6.02.
	  	Acceleration	  	 	24	  
			
	 SECTION 6.03.
	  	Other Remedies	  	 	25	  
			
	 SECTION 6.04.
	  	Waiver of Past Defaults	  	 	25	  
			
	 SECTION 6.05.
	  	Control by Majority	  	 	25	  
			
	 SECTION 6.06.
	  	Limitation on Suits	  	 	25	  
			
	 SECTION 6.07.
	  	Rights of Holders to Receive Payment	  	 	26	  
			
	 SECTION 6.08.
	  	Collection Suit by Trustee	  	 	26	  
			
	 SECTION 6.09.
	  	Trustee May File Proofs of Claim	  	 	26	  
			
	 SECTION 6.10.
	  	Priorities	  	 	26	  
			
	 SECTION 6.11.
	  	Undertaking for Costs	  	 	26	  
			
	 SECTION 6.12.
	  	Waiver of Stay or Extension Laws	  	 	27	  
		
	 ARTICLE SEVEN. TRUSTEE
	  	 	27	  
			
	 SECTION 7.01.
	  	Duties of Trustee	  	 	27	  
			
	 SECTION 7.02.
	  	Rights of Trustee	  	 	28	  
			
	 SECTION 7.03.
	  	Individual Rights of Trustee	  	 	29	  
			
	 SECTION 7.04.
	  	Trustee’s Disclaimer	  	 	29	  
			
	 SECTION 7.05.
	  	Notice of Defaults	  	 	29	  
			
	 SECTION 7.06.
	  	Reports by Trustee to Holder	  	 	29	  
			
	 SECTION 7.07.
	  	Compensation and Indemnity	  	 	29	  
			
	 SECTION 7.08.
	  	Replacement of Trustee	  	 	30	  

							
			
	 SECTION 7.09.
	  	Successor Trustee by Merger	  	 	30	  
			
	 SECTION 7.10.
	  	Eligibility; Disqualification	  	 	31	  
			
	 SECTION 7.11.
	  	Preferential Collection of Claims Against Company	  	 	31	  
		
	 ARTICLE EIGHT. LEGAL DEFEASANCE, COVENANT DEFEASANCE AND SATISFACTION AND DISCHARGE
	  	 	31	  
			
	 SECTION 8.01.
	  	Option to Effect Legal Defeasance or Covenant Defeasance	  	 	31	  
			
	 SECTION 8.02.
	  	Legal Defeasance and Discharge	  	 	31	  
			
	 SECTION 8.03.
	  	Covenant Defeasance	  	 	31	  
			
	 SECTION 8.04.
	  	Conditions to Legal or Covenant Defeasance	  	 	32	  
			
	 SECTION 8.05.
	  	Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions	  	 	33	  
			
	 SECTION 8.06.
	  	Repayment to Company	  	 	33	  
			
	 SECTION 8.07.
	  	Reinstatement	  	 	33	  
			
	 SECTION 8.08.
	  	Satisfaction and Discharge of Indenture	  	 	33	  
		
	 ARTICLE NINE. AMENDMENTS
	  	 	34	  
			
	 SECTION 9.01.
	  	Without Consent of Holders	  	 	34	  
			
	 SECTION 9.02.
	  	With Consent of Holders	  	 	35	  
			
	 SECTION 9.03.
	  	Compliance with Trust Indenture Act	  	 	36	  
			
	 SECTION 9.04.
	  	Revocation and Effect of Consents and Waivers	  	 	36	  
			
	 SECTION 9.05.
	  	Notation on or Exchange of Notes	  	 	36	  
			
	 SECTION 9.06.
	  	Trustee to Sign Amendments	  	 	36	  
			
	 SECTION 9.07.
	  	Payment for Consent	  	 	37	  
		
	 ARTICLE TEN. SUBSIDIARY GUARANTEES
	  	 	37	  
			
	 SECTION 10.01.
	  	Guarantee	  	 	37	  
			
	 SECTION 10.02.
	  	Limitation of Subsidiary Guarantee	  	 	38	  
			
	 SECTION 10.03.
	  	Waiver of Subrogation	  	 	38	  
			
	 SECTION 10.04.
	  	Release of Subsidiary Guarantee	  	 	38	  
		
	 ARTICLE ELEVEN. MISCELLANEOUS
	  	 	39	  
			
	 SECTION 11.01.
	  	Trust Indenture Act Controls	  	 	39	  
			
	 SECTION 11.02.
	  	Notices	  	 	39	  
			
	 SECTION 11.03.
	  	Communication by Holders with Other Holders	  	 	39	  
			
	 SECTION 11.04.
	  	Certificate and Opinion as to Conditions Precedent	  	 	39	  
			
	 SECTION 11.05.
	  	Statements Required in Certificate or Opinion	  	 	40	  
			
	 SECTION 11.06.
	  	Acts of Holders	  	 	40	  
			
	 SECTION 11.07.
	  	Rules by Trustee, Paying Agent and Registrar	  	 	41	  
			
	 SECTION 11.08.
	  	Governing Law	  	 	41	  

							
			
	 SECTION 11.09.
	  	No Recourse Against Others	  	 	41	  
			
	 SECTION 11.10.
	  	Successors	  	 	41	  
			
	 SECTION 11.11.
	  	Multiple Originals	  	 	41	  
			
	 SECTION 11.12.
	  	Table of Contents; Headings	  	 	41	  
			
	 SECTION 11.13.
	  	Severability	  	 	41	  
			
	 SECTION 11.14.
	  	Force Majeure	  	 	41	  
			
	 SECTION 11.15.
	  	U.S.A. Patriot Act	  	 	42	  
			
	 SECTION 11.16.
	  	Electronic Transactions	  	 	42	  

 CROSS-REFERENCE TABLE* 

 

					
	 Trust Indenture Act Section
	  	 Indenture Section

			
	 310
	  	(a)(1)	  	7.10
			
		  	(a)(2)	  	7.10
			
		  	(a)(3)	  	Not Applicable
			
		  	(a)(4)	  	Not Applicable
			
		  	(a)(5)	  	7.10
			
		  	(b)	  	7.10
			
		  	(c)	  	Not Applicable
			
	 311
	  	(a)	  	7.11
			
		  	(b)	  	7.11
			
		  	(c)	  	Not Applicable
			
	 312
	  	(a)	  	2.07
			
		  	(b)	  	11.03
			
		  	(c)	  	11.03
			
	 313
	  	(a)	  	7.06
			
		  	(b)(1)	  	Not Applicable
			
		  	(b)(2)	  	7.06
			
		  	(c)	  	7.06
			
		  	(d)	  	7.06
			
	 314
	  	(a)	  	4.02;4.03
			
		  	(b)	  	Not Applicable
			
		  	(c)(1)	  	11.04
			
		  	(c)(2)	  	11.04
			
		  	(c)(3)	  	Not Applicable
			
		  	(d)	  	Not Applicable
			
		  	(e)	  	11.05
			
		  	(f)	  	Not Applicable
			
	 315
	  	(a)	  	7.01
			
		  	(b)	  	7.05
			
		  	(c)	  	7.01
			
		  	(d)	  	7.01
			
		  	(e)	  	6.11
			
	 316
	  	(a) (last sentence)	  	2.11
			
		  	(a)(1)(A)	  	6.05
			
		  	(a)(1)(B)	  	6.04

					
	 Trust Indenture Act Section
	  	 Indenture Section

			
		  	(a)(2)	  	Not Applicable
			
		  	(b)	  	6.07
			
		  	(c)	  	2.14
			
	 317
	  	(a)(1)	  	6.08
			
		  	(a)(2)	  	6.09
			
		  	(b)	  	2.06
			
	 318
	  	(a)	  	11.01
			
		  	(b)	  	Not Applicable
			
		  	(c)	  	11.01

  

	*	This Cross-Reference Table is not part of the Indenture. 

 EXHIBITS 
  

			
		
	Exhibit A	  	FORM OF NOTE
		
	Exhibit B	  	FORM OF SUPPLEMENTAL INDENTURE TO BE DELIVERED BY SUBSEQUENT GUARANTORS

 INDENTURE dated as of September [•], 2011, among O’REILLY AUTOMOTIVE, INC., a
Missouri corporation, THE SUBSIDIARY GUARANTORS (as defined below) and UMB BANK, N.A., as trustee. 
 RECITALS 

The Company has duly authorized the execution and delivery of this Indenture (as defined herein) to provide for the initial issuance of
$[•],000,000 aggregate principal amount of its [•]% Senior Notes due 2021 (the “Initial Notes” and, together with any Additional Notes (as defined herein), if and when issued, the “Notes”) to be issued as provided in
this Indenture. In addition, the Subsidiary Guarantors party hereto have duly authorized the execution and delivery of this Indenture as guarantors of the Notes. 
 THIS INDENTURE WITNESSETH 
 For and in consideration of the premises and the
purchase of the Notes by the Holders (as defined herein) thereof, the parties hereto covenant and agree, for the equal and ratable benefit of the Holders of the Notes, as follows: 

ARTICLE ONE. 

DEFINITIONS AND INCORPORATION BY REFERENCE 
 SECTION 1.01. Definitions. 
 For all purposes under this Indenture and any
supplemental indenture hereto, except as otherwise expressly provided or unless the context otherwise requires, the following terms shall have the following meanings: 
 “Additional Notes” means any additional [•]% Senior Notes due 2021 issued from time to time after the Issue Date under the terms of this Indenture other than pursuant to 2.08, 2.09,
2.12, 3.06 or 9.05 of this Indenture. 
 “Affiliate” of any specified Person means any other Person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,”
“controlled by” and “under common control with”), when used with respect to any Person, shall mean the power to direct or cause the direction of the management or policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by agreement or otherwise. 
 “Agent” means any Registrar, Paying Agent or
co-registrar. 
 “Attributable Debt” in respect of a Sale and Leaseback Transaction means, at the time of
determination, the present value discounted at the rate of interest implicit in the terms of the lease (as determined in good faith by the Company) of the obligations of the lessee under such lease for net rental payments during the remaining term
of the lease (including any period for which such lease has been extended or may, at the Company’s option, be extended). 

“Bankruptcy Law” means Title 11, U.S. Code or any similar federal or state law for the relief of debtors. 

“Board of Directors” means the board of directors of the Company, or any authorized committee of the Board of Directors.

 “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the
Company to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate. 

  
 1 

 “Business Day” means any day other than a Legal Holiday. 

“Capital Markets Debt” means any debt for borrowed money that (i) is in the form of, or represented by, bonds,
notes, debentures or other securities (other than promissory notes or similar evidences of debt under a credit agreement) and (ii) has an aggregate principal amount outstanding of at least $25.0 million. 

“Change of Control” means the occurrence of any one of the following: 

(1) the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one
or a series of related transactions, of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole to any Person (including any “person” (as that term is used in Section 13(d)(3) of the Exchange Act))
other than the Company or one of its Subsidiaries; 
 (2) the consummation of any transaction (including without limitation, any
merger or consolidation) the result of which is that any Person (including any “person” or “group” (as those terms are used in Section 13(d)(3) of the Exchange Act)) becomes the “beneficial
owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the outstanding Voting Stock of the Company or any other Voting Stock into which the Voting Stock of the Company is
reclassified, consolidated, exchanged or changed, measured by voting power rather than number of shares; 
 (3) the Company
consolidates with, or merges with or into, any Person, or any Person consolidates with, or merges with or into, the Company, in any such event pursuant to a transaction in which any of the outstanding Voting Stock of the Company (or any other Voting
Stock into which the Voting Stock of the Company is reclassified, consolidated, exchanged or changed) or such other Person is converted into or exchanged for cash, securities or other property, other than any such transaction where the shares of the
Voting Stock of the Company (or any other Voting Stock into which the Voting Stock of the Company is reclassified, consolidated, exchanged or changed) outstanding immediately prior to such transaction constitute, or are converted into or exchanged
for, a majority of the Voting Stock of the surviving Person immediately after giving effect to such transaction; 
 (4) the first
day on which the majority of the members of the board of directors of the Company cease to be Continuing Directors; or 
 (5) the
adoption of a plan relating to the liquidation or dissolution of the Company. 
 “Change of Control Triggering
Event” means the occurrence of both a Change of Control and a Rating Event. 
 “Clearstream” means
Clearstream Banking, société anonyme, or any successor thereto. 
 “Company” means O’Reilly
Automotive, Inc., and any and all successors thereto. 
 “Company Order” means a written order signed in the
name of the Company by two Officers, one of whom must be the Company’s principal executive officer, principal financial officer or principal accounting officer and delivered to the Trustee. 

“Comparable Treasury Issue” means, with respect to the Notes, the United States Treasury security selected by the
Independent Investment Banker as having a maturity comparable to the remaining term of the Notes, that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of the Notes. 

  
 2 

 “Comparable Treasury Price” means, with respect to any Redemption Date for
the Notes, (i) the average of the applicable Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest such applicable Reference Treasury Dealer Quotations, or (ii) if the Trustee obtains fewer
than four such Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer Quotations. 

“Consolidated Net Tangible Assets” means the aggregate amount of the Company’s assets (less applicable reserves and
other properly deductible items) and the Company’s consolidated subsidiaries’ assets after deducting therefrom (a) all current liabilities (excluding the sum of any debt for money borrowed having a maturity of less than twelve months
from the date of the Company’s most recent consolidated balance sheet but which by its terms is renewable or extendable beyond twelve months from such date at the option of the borrower and, without duplication, any current installments thereof
payable within such twelve month period) and (b) all goodwill, trade names, patents, unamortized debt discount and expense and other like intangibles, all as set forth on the Company’s most recent consolidated balance sheet and computed in
accordance with GAAP. 
 “Continuing Director” means, as of any date of determination, any member of the board
of directors of the Company who: 
 (1) was a member of such board of directors on the date of this Indenture; or 

(2) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were
members of such board of directors at the time of such nomination or election. 
 “Corporate Trust Office of the
Trustee” shall be the address of the Trustee specified in Section 11.02 hereof or such other address as to which the Trustee may give notice to the Company. 
 “Credit Facility Debt” means any debt for borrowed money that (i) is incurred pursuant to a credit agreement, including pursuant to the Revolving Credit Facility, or other agreement
providing for revolving credit loans, term loans or other debt entered into between the Company or any Subsidiary of the Company and any lender or group of lenders and (ii) has an aggregate principal amount outstanding or committed of at least
$25.0 million. 
 “Default” means any event that is, or after notice or passage of time or both would be, an
Event of Default. 
 “Definitive Note” means a Note in definitive registered form without coupons. 

“Depositary” means, with respect to the Notes issuable or issued in whole or in part in global form, DTC and any and all
successors thereto appointed as Depositary hereunder and having become such pursuant to the applicable provision of this Indenture. 
 “Dollar” means a dollar or other equivalent unit in such coin or currency of the United States as at the time shall be legal tender for the payment of public and private debt. 

“Domestic Subsidiary” means any Subsidiary of the Company that is organized under the laws of any political subdivision
of the United States of America. 
 “DTC” means The Depository Trust Company or any of its successors.

 “Euroclear” means Euroclear Bank S.A./N.V., as operator of the Euroclear System, or any successor thereto.

 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Foreign Currency” means any currency or currency unit issued by a government other than the government of The United
States of America. 

  
 3 

 “Foreign Subsidiary” means any Subsidiary of the Company that is not a
Domestic Subsidiary. 
 “Funded Debt” means debt which matures more than one year from the date of creation, or
which is extendable or renewable at the sole option of the obligor so that it may become payable more than one year from such date or which is classified, in accordance with GAAP, as long-term debt on the consolidated balance sheet for the
most-recently ended fiscal quarter (or if incurred subsequent to the date of such balance sheet, would have been so classified) of the Person for which the determination is being made. Funded Debt shall not include (1) obligations created
pursuant to leases, (2) any debt or portion thereof maturing by its terms within one year from the time of any computation of the amount of outstanding Funded Debt unless such debt shall be extendable or renewable at the sole option of the
obligor in such manner that it may become payable more than one year from such time, or (3) any debt for which money in the amount necessary for the payment or redemption of such debt is deposited in trust either at or before the maturity date
thereof. 
 “GAAP” means generally accepted accounting principles in the United States of America set forth in
the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board. 

“Global Notes” means Notes in the form of a global security as delivered to the Depositary. 

“Global Note Legend” means the legend set forth in Exhibit A to this Indenture, which is required to be placed on all
Global Securities issued under this Indenture. 
 “Holder” means a Person in whose name a Note is registered on
the Registrar’s books. 
 “Indenture” means this Indenture, as amended or supplemented from time to time.

 “Independent Investment Banker” means, with respect to the Notes, either Merrill Lynch, Pierce,
Fenner & Smith Incorporated or J.P. Morgan Securities LLC, as selected by the Company or, if both firms are unwilling or unable to select the applicable Comparable Treasury Issue, an independent investment banking institution of national
standing appointed by the Company. 
 “Interest Payment Date” when used with respect to the Notes, means the
date specified in the Notes for the payment of any installment of interest on the Notes. 
 “Investment Grade”
means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating category of Moody’s) and a rating of BBB- or better by S&P (or its equivalent under any successor rating category of S&P). 

“Issue Date” means September [•], 2011. 
 “Legal Holiday” means a Saturday, Sunday or other day on which banking institutions in New York State are authorized or required by law to close. If a payment date is a Legal Holiday,
payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on the amount so payable during the intervening period. If a record date is a Legal Holiday, the record date shall not be affected.

 “Lien” means, with respect to any property or assets, any mortgage or deed of trust, pledge, hypothecation,
security interest, lien, encumbrance or other security arrangement of any kind or nature on or with respect to such property or assets. 
 “Notes” has the meaning assigned to it in the preamble to this Indenture. 
 “Maturity,” when used with respect to any Note or installment of principal thereof, means the date on which the principal of such Note or such installment of principal becomes due and
payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption, notice of option to elect repayment or otherwise. 

  
 4 

 “Moody’s” means Moody’s Investors Service, Inc., a subsidiary of
Moody’s Corporation, and its successors. 
 “Officer” means, with respect to any Person, the Chairman of
the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary or Clerk, any Assistant Secretary, or any Vice-President of such
Person. The term Officer of any Subsidiary Guarantor has a correlative meaning. 
 “Officers’ Certificate”
means a certificate signed on behalf of the Company or a Subsidiary Guarantor by two Officers of the Company or the Subsidiary Guarantor, as applicable, one of whom must be the principal executive officer, the principal financial officer or the
principal accounting officer of the Company or the Subsidiary Guarantor, as applicable, that meets the requirements of Section 11.04 and 11.05 hereof. 
 “Opinion of Counsel” means an opinion from legal counsel, that meets the requirements of Section 11.04 hereof (which may be subject to customary assumptions and qualifications). The
counsel may be an employee of or counsel to the Company, any Subsidiary of the Company or the Trustee. 

“Participant” means, with respect to the Depositary, Euroclear or Clearstream, a Person who has an account with the
Depositary, Euroclear or Clearstream, respectively (and, with respect to DTC, shall include Euroclear or Clearstream) as indirect participants. 
 “Permitted Liens” means: 
 (1) Liens (other than Liens created or
imposed under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”)), for taxes, assessments or governmental charges or levies not yet subject to penalties for non-timely payment or Liens for taxes being
contested in good faith by appropriate proceedings for which adequate reserves determined in accordance with GAAP have been established (and as to which the property or assets subject to any such Lien is not yet subject to foreclosure, sale or loss
on account thereof; 
 (2) statutory Liens of landlords and Liens of mechanics, materialmen, warehousemen, carriers and
suppliers and other Liens imposed by law or pursuant to customary reservations or retentions of title arising in the ordinary course of business, provided that any such Liens which are material secure only amounts not yet due and payable or, if due
and payable, are unfiled and no other action has been taken to enforce the same or are being contested in good faith by appropriate proceedings for which adequate reserves determined in accordance with GAAP have been established (and as to which the
property or assets subject to any such Lien is not yet subject to foreclosure, sale or loss on account thereof); 
 (3) Liens
(other than Liens created or imposed under ERISA) incurred or deposits made by the Company and Subsidiaries of the Company in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other types of
social security, laws or regulations, or to secure the performance of tenders, statutory obligations, bids, leases, trade or government contracts, surety, indemnification, appeal, performance and return-of-money bonds, letters of credit, bankers
acceptances and other similar obligations (exclusive of obligations for the payment of borrowed money), or as security for customs or import duties and related amounts; 
 (4) Liens in connection with attachments or judgments (including judgment or appeal bonds), provided that the judgments secured shall, within 30 days after the entry thereof, have been discharged or
execution thereof stayed pending appeal, or shall have been discharged within 30 days after the expiration of any such stay; 

(5) Liens securing indebtedness (including capital leases) incurred to finance the purchase price or cost of construction of property or
assets (or additions, repairs, alterations or improvements thereto), provided that such Liens and the indebtedness secured thereby are incurred within twelve months of the later of acquisition or completion of construction (or addition, repair,
alteration or improvement) and full operation thereof; 

  
 5 

 (6) Liens securing industrial revenue bonds, pollution control bonds or similar types of
tax-exempt bonds; 
 (7) Liens arising from deposits with, or the giving of any form of security to, any governmental agency
required as a condition to the transaction of business or exercise of any privilege, franchise or license; 
 (8) encumbrances,
covenants, conditions, restrictions, easements, reservations and rights of way or zoning, building code or other restrictions, (including defects or irregularities in title and similar encumbrances) as to the use of real property, or Liens
incidental to conduct of the business or to the ownership of properties of the Company or any Subsidiary of the Company not securing debt that do not in the aggregate materially impair the use of said properties in the operation of the business of
the Company, including its Subsidiaries, taken as a whole; 
 (9) leases, licenses, subleases or sublicenses granted to others
not interfering in any material respect with the business of the Company, including its Subsidiaries, taken as a whole; 
 (10)
Liens on property or assets at the time such property or assets is acquired by the Company or any Subsidiary of the Company; 

(11) Liens on property or assets of any person at the time such person becomes a Subsidiary of the Company; 

(12) Liens on receivables from customers sold to third parties pursuant to credit arrangements in the ordinary course of business;

 (13) Liens existing on the date of this Indenture, or any extensions, amendments, renewals, refinancings, replacements or
other modifications thereto; 
 (14) Liens on any property or assets created, assumed or otherwise brought into existence in
contemplation of the sale or other disposition of the underlying property or assets, whether directly or indirectly, by way of share disposition or otherwise; 
 (15) Liens securing debt of a Subsidiary Guarantor owed to the Company or to another Subsidiary Guarantor; 
 (16) Liens in favor of the United States of America or any State thereof, or any department, agency or instrumentality or political subdivision thereof, to secure partial, progress, advance or other
payments; 
 (17) Liens to secure debt of joint ventures in which the Company or any of its Subsidiaries has an interest, to the
extent such Liens are on property or assets of, or equity interests in, such joint ventures; 
 (18) Liens arising solely by
virtue of any statutory or common law provisions relating to banker’s Liens, rights of set-off or similar rights and remedies as to deposit accounts or other funds maintained with a depositary institution; 

(19) Liens arising from financing statement filings regarding operating leases; 

(20) Liens in favor of customs and revenue authorities to secure custom duties in connection with the importation of goods; 

(21) Liens securing the financing of insurance premiums payable on insurance policies; provided, that, such Liens shall only encumber
unearned premiums with respect to such insurance, interests in any state guarantee fund relating to such insurance and subject and subordinate to the rights and interests of any loss payee, loss payments which shall reduce such unearned premiums;

  
 6 

 (22) Liens securing cash management obligations (that do not constitute indebtedness), or
arising out of conditional sale, title, retention, consignment or similar arrangements for sale of goods and contractual rights of set-off relating to purchase orders and other similar arrangements, in each case in the ordinary course of business;

 (23) Liens on any property or assets of Foreign Subsidiaries securing debt of such Foreign Subsidiaries (but not debt of the
Company or any Subsidiary Guarantor); and 
 (24) other Liens on property or assets of the Company and the property or assets of
its Subsidiaries securing debt in an aggregate principal amount (together with the aggregate amount of all Attributable Debt in respect of Sale and Leaseback Transactions entered into in reliance on this clause) not to exceed, as of any date of
incurrence of such debt pursuant to this clause and after giving effect to such incurrence and the application of the proceeds therefrom, the greater of (1) $250.0 million and (2) 15% of the Company’s Consolidated Net Tangible Assets.

 “Person” means any individual, corporation, partnership, joint venture, association, joint-stock company,
trust, unincorporated organization, limited liability company or government or other entity. 
 “Rating Agency”
means each of Moody’s and S&P; provided, that if either Moody’s or S&P ceases to provide rating services to issuers or investors, the Company may appoint a replacement for such Rating Agency. 

“Rating Event” means: 
 (1) if the Notes are rated Investment Grade by each of the Rating Agencies on the first day of the Trigger Period, the Notes cease to be rated Investment Grade by each of the Rating Agencies on any date
during the Trigger Period, or 
 (2) if the Notes are not rated Investment Grade by each of the Rating Agencies on the first day
of the Trigger Period, the Notes are downgraded by at least one rating category (e.g., from BB+ to BB or Ba1 to Ba2) from the applicable rating of the Notes on the first day of the Trigger Period by each of the Rating Agencies on any date during the
Trigger Period. 
 “Redemption Date”, when used with respect to any Note to be redeemed, shall mean the date
specified for redemption of such Note in accordance with the terms of such Note and this Indenture. 
 “Redemption
Price”, when used with respect to any Note to be redeemed, means the price at which it is to be redeemed pursuant to the terms of such Note and this Indenture (not including accrued and unpaid interest to, but not including, the Redemption
Date). 
 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any
Redemption Date for the Notes, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue for the Notes (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee
by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day preceding such Redemption Date. 

“Reference Treasury Dealer” means, with respect to the Notes, (i) Merrill Lynch, Pierce, Fenner & Smith
Incorporated and J.P. Morgan Securities LLC and their respective successors; provided however, that if either of the foregoing shall cease to be a primary United States Government securities dealer in the United States (a “Primary Treasury
Dealer”), the Company shall substitute therefor another Primary Treasury Dealer and (ii) any other Primary Treasury Dealer selected by the Company. 
 “Regular Record Date” means [•] and [•], as applicable. 

  
 7 

 “Responsible Officer” with respect to the Trustee, means any vice
president, assistant vice president, trust officer, assistant trust officer or any other officer of the Trustee assigned by the Trustee to administer its corporate trust matters and who customarily performs functions similar to those performed by
such Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such Person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for
administration of this Indenture. 
 “Revolving Credit Facility” means the Credit Agreement, dated as of
January 14 , 2011, among the Company, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer, as amended, amended and restated, extended, renewed, restated,
supplemented or otherwise modified (in whole or in part, and without limitation as to amount, terms, conditions, covenants and other provisions) from time to time. 
 “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and its successors. 

“SEC” means the Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Senior Funded Debt” means all Funded Debt of the Company or its Subsidiaries (except Funded Debt, the payment of which
is subordinated to the payment of the Securities). 
 “Series” or “Series of Securities” means
each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.01 and 2.02 hereof. 

“Special Record Date” for the payment of any Defaulted Interest on the Notes means a date fixed by the Trustee pursuant
to Section 2.14 hereof. 
 “Stated Maturity” means [•], 2021. 

“Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company or other
business entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the
happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. 

“Subsidiary Guarantee” means a Guarantee by a Subsidiary Guarantor of the Company’s obligations with respect to the
Notes pursuant to the terms set forth in this Indenture. 
 “Subsidiary Guarantor” means each of: 

 

	 	•	 	 each subsidiary of the Company which is a Guarantor under this Indenture; and 

 

	 	•	 	 any other Subsidiary that executes a Subsidiary Guarantee in accordance with the provisions of this Indenture (which shall be evidenced by the
execution of a supplemental indenture in the form of Exhibit B hereto), and their respective successors and assigns; 

 provided, however, that upon the release and discharge of any Person from its Subsidiary Guarantee in accordance with this Indenture, such Person shall cease to be a Subsidiary Guarantor.

 “TIA” means the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) and the rules and
regulations thereunder as in effect on the date on which this Indenture is qualified under the TIA, except as provided in Section 9.03. 

  
 8 

 “Treasury Yield” means, with respect to any Redemption Date for the Notes,
the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the applicable Comparable
Treasury Price for such Redemption Date. 
 “Trigger Period” means the period commencing 60 days prior to the
first public announcement by the Company of any Change of Control (or pending Change of Control) and ending 60 days following consummation of such Change of Control (which Trigger Period will be extended following consummation of a Change of Control
for so long as either of the Rating Agencies has publicly announced that it is considering a possible ratings change). 

“Trustee” means the party named as such above until a successor replaces it in accordance with the applicable provisions
of this Indenture and thereafter means the successor serving hereunder. 
 “U.S. Government Obligations” means
direct obligations (or certificates representing an ownership interest in such obligations) of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and credit of the United States of
America is pledged and which are not callable or redeemable at the issuer’s option. 
 “Voting Stock” of
any specified Person as of any date means the capital stock of such Person that is at the time entitled to vote generally in the election of the board of directors of such Person. 

SECTION 1.02. Other Definitions. 
  

					
	 Term
	  	Defined in
Section	 
	 “Change of Control Offer”
	  	 	3.09	  
	 “Change of Control Payment Date”
	  	 	3.09	  
	 “Covenant Defeasance”
	  	 	8.03	  
	 “Custodian”
	  	 	6.01	  
	 “Event of Default”
	  	 	6.01	  
	 “Legal Defeasance”
	  	 	8.02	  
	 “Legal Holiday”
	  	 	11.08	  
	 “Notice of Default”
	  	 	6.01	  
	 “Paying Agent”
	  	 	2.05	  
	 “Registrar”
	  	 	2.05	  
	 “Sale and Leaseback Transaction”
	  	 	4.07	  
	 “Surviving Person”
	  	 	5.01	  
	 “Surviving Guarantor”
	  	 	5.02	  
	 “Trustee”
	  	 	8.05	  

 SECTION 1.03. Incorporation by Reference of Trust Indenture Act. This Indenture is subject to the
mandatory provisions of the TIA, which are incorporated by reference in and made a part of this Indenture. The following TIA terms used in this Indenture have the following meanings: 

“indenture securities” means the Notes; 
 “indenture security Holder” means a Holder of a Note; 
 “indenture
to be qualified” means this Indenture; 

  
 9 

 “indenture trustee” or “institutional trustee” means the Trustee; and

 “obligor” on the Notes and the Subsidiary Guarantees means the Company and the Subsidiary Guarantors, respectively,
and any successor obligor upon the Notes and the Subsidiary Guarantees, respectively. 
 All other terms used in this Indenture
that are defined by the TIA, defined by the TIA’s reference to another statute or defined by SEC rule under the TIA have the meanings so assigned to them. 
 SECTION 1.04. Rules of Construction. Unless the context otherwise requires: 
 (1) a term has the meaning assigned to it; 
 (2) an accounting term
not otherwise defined has the meaning assigned to it in accordance with GAAP; 
 (3) “or” is not
exclusive; 
 (4) words in the singular include the plural, and in the plural include the singular; 

(5) provisions apply to successive events and transactions; 

(6) references to sections of or rules under the Securities Act shall be deemed to include substitute, replacement or
successor sections or rules adopted by the SEC from time to time; 
 (7) unless the context otherwise requires,
any reference to an “Article,” “Section” or “clause” refers to an Article, Section or clause, as the case may be, of this Indenture; and 

(8) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to
this Indenture as a whole and not any particular Article, Section, clause or other subsdivision. 
 ARTICLE TWO. 

THE SECURITIES 
 SECTION 2.01. Form Generally. The Notes will initially be guaranteed by the Subsidiary Guarantors on the terms set forth in Article Ten hereof. The Notes shall be substantially in the form of
Exhibit A hereto with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or
endorsements placed thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be determined by the Officers executing such Notes as evidenced by their execution of the Notes. 

The certificated Notes shall be printed, lithographed or engraved or produced by any combination of these methods or may be produced in
any other manner; provided that such method is permitted by the rules of any securities exchange on which such Notes may be listed, all as determined by the Officers executing such Notes as evidenced by their execution of such Notes. 

SECTION 2.02. Notes in Global Form. Notes issued as a Global Note shall represent such of the outstanding Notes as specified
therein and may provide that it shall represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon or otherwise notated on the books and records of the Registrar and that the aggregate principal amount of
outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the aggregate principal amount of any increase or decrease in the
amount of outstanding Notes represented thereby shall be made by the Trustee in such manner and upon instructions given by the Holder thereof. 

  
 10 

 Global Notes may be issued in either registered or bearer form and in either temporary or
permanent form. Permanent Global Notes will be issued in certificated form. 
 Notwithstanding the provisions of Sections 2.02
and 2.14 hereof, payment of principal of and any interest on any Global Note shall be made to the Depositary or its nominee, as the case may be, as the sole registered owner and holder of any Global Note for all purposes under this Indenture.

 SECTION 2.03. Amount of Notes. On the Issue Date, the Trustee shall authenticate and deliver $[•],000,000 of
[•]% Senior Notes due 2021 and, at any time and from time to time thereafter, the Trustee shall authenticate and deliver Notes for original issue in an aggregate principal amount specified in a Company Order. Such order shall specify the amount
of the Notes to be authenticated and the date on which the original issue of Notes is to be authenticated. The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture is unlimited. The Notes may have
notations, legends or endorsements required by law, stock exchange rules or usage. The Notes shall be in denominations of $2,000 and integral multiples of $1,000 in excess thereof. 

All Notes shall be substantially identical except as described in Section 2.18 hereto and as may otherwise be provided in any
indenture supplemental hereto. 
 If any of the terms of the Notes are established by action taken pursuant to a Board
Resolution, a copy of any appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’ Certificate setting forth the
terms of the Notes. 
 The Notes, including any Additional Notes, shall be treated as a single class for all purposes under this
Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase. 
 SECTION 2.04.
Execution, Authentication, Delivery and Dating. 
 An Officer shall execute the Notes for the Company by manual or
facsimile signature in the name and on behalf of the Company. If an Officer whose signature is on a Note no longer holds that office at the time a Note is authenticated, the Note shall nevertheless be valid. 

A Note shall not be valid until authenticated by the manual or facsimile signature of the Trustee. The signature shall be conclusive
evidence that the Note has been authenticated under this Indenture. 
 At any time and from time to time after the execution and
delivery of this Indenture, the Company may deliver Notes executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Notes; and the Trustee in accordance with such Company
Order shall authenticate and deliver such Notes after the following conditions have been met: 
 (1) Receipt by the Trustee of
an Opinion of Counsel stating that such Notes, when completed by appropriate insertions and executed and delivered by the Company to the Trustee for authentication in accordance with this Indenture, authenticated and delivered by the Trustee in
accordance with this Indenture and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute legal, valid and binding obligations of the Company, enforceable in accordance with their
terms, subject to applicable bankruptcy, insolvency, reorganization and other similar laws of general applicability relating to or affecting the enforcement of creditors’ rights, to general equitable principles and to such other qualifications
as such counsel shall conclude do not materially affect the rights of Holders of such Notes; and 
 (2) an Officers’
Certificate stating that all conditions precedent provided for in this Indenture relating to the issuance of the Notes have been complied with and that, to the best of the knowledge of the signers of such Officers’ Certificate, no Event of
Default with respect to any of the Notes shall have occurred and be continuing. 

  
 11 

 No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for
any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein duly executed by the Trustee by manual or facsimile signature of an authorized signatory, and such certificate and signature
upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder. The Trustee’s certificate of authentication shall be in substantially the following form: 

This is one of the Notes referred to in the within-mentioned Indenture. 

 

			
	UMB Bank, N.A., as Trustee
		
	By:	 	 
		 	 Authorized Signatory

 Each Note shall be dated the date of its authentication. 

SECTION 2.05. Registrar and Paying Agent. The Company shall maintain, with respect to the Notes, an office or agency where such
Notes may be presented for registration of transfer or for exchange (“Registrar”) and an office or agency where Notes may be presented for payment (“Paying Agent”). The Registrar shall keep a register of the Notes
and of their transfer and exchange. The Company may appoint one or more co-registrars and one or more additional paying agents. The term “Registrar” includes any co-registrar and the term “Paying Agent” includes any additional
paying agent. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company shall notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If the Company fails to appoint or
maintain another entity as Registrar or Paying Agent, the Trustee shall act as such. The Company or any of its Subsidiaries may act as Paying Agent or Registrar. 
 The Company initially appoints the Trustee to act as the Registrar and Paying Agent. 
 SECTION 2.06. Paying Agent to Hold Money in Trust. The Company shall require each Paying Agent (other than the Trustee) to agree in writing that the Paying Agent will hold in trust for the benefit
of Holders of Notes or the Trustee all money held by the Paying Agent for the payment of principal of, premium, if any, on or interest on such Notes, and will notify the Trustee of any default by the Company in making any such payment. While any
such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by such
Paying Agent. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary of the Company) shall have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it shall
segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee shall serve as Paying Agent for the Notes.

 SECTION 2.07. Holder Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most
recent list available to it of the names and addresses of all Holders of Notes and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least seven Business Days before each
Interest Payment Date and at such other times as the Trustee may reasonably request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of the Holders of the Notes and the Company
shall otherwise comply with TIA § 312(a). 
 SECTION 2.08. Registration, Registration of Transfer and Exchange. Upon
surrender for registration of transfer of any Notes at an office or agency of the Company designated pursuant to Section 4.08 hereof for such purpose, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the
designated transferee or transferees, one or more new Notes of any authorized denominations, of a like aggregate principal amount. The Company shall not charge a service charge for any registration of transfer or exchange, but the Company may
require payment of a sum sufficient to pay all taxes, assessments or other governmental charges that may be imposed in connection with the transfer or exchange of the Notes from the Holder requesting such transfer or exchange (other than any
exchange of a temporary Note for a permanent Note not involving any change in ownership or any exchange pursuant to Section 2.12, 3.06 or 9.05 hereof, not involving any transfer). 

  
 12 

 Notwithstanding any other provisions (other than the provisions set forth in the fourth
paragraph) of this Section 2.08, a Global Note representing all or a portion of the Notes may not be transferred except as a whole by the Depositary to a nominee of such Depositary. Any holder of a beneficial interest in a Global Note shall, by
acceptance of such beneficial interest, agree that transfers of beneficial interests in such Global Note may be effected only through a book-entry system maintained by (a) the Holder of such Global Note (or its agent) or (b) any holder of
a beneficial interest in such Global Note, and that ownership of a beneficial interest in such Global Note shall be required to be reflected in a book-entry. 
 Each Global Note is exchangeable for Notes in certificated form only if (i) the Depositary notifies the Company that it is no longer willing or able to act as a depositary for the Global Notes or
ceases to be a clearing agency registered under the Exchange Act, and the Company has not appointed a successor depositary within 90 days of that notice or becoming aware that the Depositary is no longer so registered, (ii) an event of default
has occurred and is continuing, and the Depositary requests the issuance of certificated Notes or (iii) the Company determines (subject to DTC’s procedures) not to have the notes represented by a Global Note. In any such event the Company
will issue, and the Trustee, upon receipt of a Company Order for the authentication and delivery of certificated Notes, will authenticate and deliver, Notes in certificated form in exchange for such Global Note. In any such instance, an owner of a
beneficial interest in either Global Note will be entitled to physical delivery in certificated form of Notes equal in principal amount to such beneficial interest and to have such Notes registered in its name. Notes so issued in certificated form
will be issued in registered form only, without coupons. 
 Upon the exchange of a Global Note for Notes in certificated form,
such Global Note shall be cancelled by the Trustee. All cancelled Global Notes held by the Trustee shall be destroyed by the Trustee and a certificate of their destruction delivered to the Company. Notes in certificated form issued in exchange for a
Global Note pursuant to this Section 2.08 shall be registered in such names and in such authorized denominations as the Depositary for such Global Note, pursuant to instructions from its direct or indirect participants or otherwise, shall
instruct the Trustee in writing. The Trustee shall deliver such Notes as instructed in writing by the Depositary. 
 At the
option of the Holders of certificated Notes, certificated Notes may be exchanged for other certificated Notes of any authorized denomination or denominations of a like aggregate principal amount and tenor, upon surrender of the certificated Notes to
be exchanged at such office or agency. Whenever any certificated Notes are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the certificated Notes which the Holder making the exchange is
entitled to receive. 
 All Notes issued upon any registration of transfer or exchange of Notes shall be the valid obligations
of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Notes surrendered upon such registration of transfer or exchange. 
 Every Note presented or surrendered for registration of transfer or for exchange shall be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the
Registrar duly executed, by the Holder thereof or his or her attorney duly authorized in writing. 
 The Company shall not be
required (i) to issue, register the transfer of or exchange any Notes during a period beginning 15 Business Days before any selection of Notes to be redeemed and ending at the close of business on the day of the mailing of the relevant notice
of redemption or (ii) to register the transfer of or exchange any Note so selected for redemption, in whole or in part, except the unredeemed portion of any Note being redeemed in part. 

SECTION 2.09. Replacement Notes. If any mutilated Note is surrendered to the Trustee or the Company or the Trustee receives
evidence to its satisfaction of the destruction, loss or theft of any Note, the Company shall issue and the Trustee, upon receipt of a Company Order, shall authenticate a replacement Note if the Trustee’s requirements are met. If required by
the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them
may suffer if a Note is replaced. The Company and the Trustee may charge the Holder for their expenses in replacing a Note (including, with limitation, attorneys’ fees and disbursements in replacing such Note). In the event any such mutilated,
destroyed, lost or stolen Note has become or is about to become due and payable, the Company may pay such Note instead of issuing a new Note in replacement thereof. 

  
 13 

 Every replacement Note is an additional obligation of the Company and shall be entitled to
all of the benefits of this Indenture equally and proportionately with all other Notes duly issued hereunder. 
 The provisions
of this Section 2.09 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes. 

SECTION 2.10. Outstanding Notes. The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those
canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. Except as set forth
in Section 2.11 hereof, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note. Subject to the foregoing, in determining whether the Holders of the requisite principal amount of outstanding
Notes have given or concurred in any request, demand, authorization, direction, notice, consent or waiver hereunder, (including, without limitation, determinations pursuant to Articles 6 and 9 hereof), only Notes outstanding at the time of such
determination shall be considered in any such determination. 
 If a Note is replaced pursuant to Section 2.09 hereof, it
ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser. 
 If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to be outstanding and interest on it ceases to accrue. 

If the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of any thereof) holds, on a Redemption Date or
maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes shall be deemed to be no longer outstanding and shall cease to accrue interest. 

SECTION 2.11. When Notes Disregarded. For purposes of determining whether the Holders of the requisite principal amount of Notes
have taken any action under this Indenture, Notes owned by the Company or any Affiliate of the Company shall be disregarded and deemed not to be outstanding, except that, for the purpose of determining whether the Trustee shall be protected in
relying on any such direction, waiver or consent, only Notes which the Trustee knows are so owned shall be so disregarded. Subject to the foregoing, only Notes outstanding at the time shall be considered in any such determination. 

SECTION 2.12. Temporary Notes. Until certificates representing Notes are ready for delivery, the Company may prepare and the
Trustee, upon receipt of a Company Order, shall authenticate temporary Notes. Temporary Notes shall be substantially in the form of certificated Notes but may have variations that the Company considers appropriate for temporary Notes and as shall be
reasonably acceptable to the Trustee. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate definitive Notes in exchange for temporary Notes. 

Holders of temporary Notes shall be entitled to all of the benefits of this Indenture as permanent Notes. 

SECTION 2.13. Cancellation. The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and Paying
Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee shall cancel all Notes surrendered for registration of transfer, exchange, payment, replacement or cancellation and shall
destroy canceled Notes according to its normal operating procedures (subject to the record retention requirement of the Exchange Act). The Company may not issue new Notes to replace Notes that it has paid or that have been delivered to the Trustee
for cancellation. 

  
 14 

 SECTION 2.14. Payment of Interest. Interest on any Note which is payable, and is
punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Note (or one or more predecessor Notes) is registered at the close of business on the Regular Record Date for such interest.

 If the Company defaults in a payment of interest on the Notes which is payable (“Defaulted Interest”), it
shall pay the Defaulted Interest in any lawful manner plus, to the extent lawful, interest payable on the Defaulted Interest, to the Persons who are Holders on a subsequent Special Record Date, in each case at the rate provided in the Notes. The
Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on the Notes and the date of the proposed payment. The Company shall fix or cause to be fixed each such Special Record Date and payment date,
provided that no such Special Record Date shall be less than 10 days prior to the related payment date for such Defaulted Interest. At least 15 days before the Special Record Date, the Company (or, upon the written request of the Company, the
Trustee in the name and at the expense of the Company) shall mail or cause to be mailed to Holders a notice that states the Special Record Date, the related payment date and the amount of such interest to be paid. 

Subject to the foregoing provisions of this Section 2.14 and Section 2.08 hereof, each Note delivered under this Indenture upon
registration of transfer of or in exchange for or in lieu of any other Note shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Note. 

SECTION 2.15. Persons Deemed Owners. Prior to due presentment of a Note for registration of transfer, the Company, the Trustee and
any agent of the Company or the Trustee may treat the person in whose name such Note is registered as the owner of such Note for the purpose of receiving payment of principal of and (and subject to Sections 2.08 and 2.14 hereof) interest on such
Note and for all other purposes whatsoever, whether or not such Note be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary. 

None of the Company, the Trustee or any agent of the Company or the Trustee will have any responsibility or liability for any aspect of
the Depositary’s records relating to or payments made on account of beneficial ownership interests of a Note in global form or for maintaining, supervising or reviewing any of the Depositary’s records relating to such beneficial ownership
interests. 
 SECTION 2.16. Computation of Interest. Interest on the Initial Notes will accrue from [•], 2011.
Interest shall be computed on the basis of a 360-day year comprised of twelve 30-day months. 
 SECTION 2.17. CUSIP
Numbers. The Company, in issuing the Notes, may use “CUSIP” numbers (if then generally in use) and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such
notice may state that no representation is made as to the correctness or accuracy of such numbers either as printed on the Notes or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers
printed on the Notes, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will as promptly as practicable notify the Trustee of any change in the “CUSIP” numbers. 

SECTION 2.18. Issuance of Additional Notes. 
 The Company shall be entitled, from time to time, without notice to or the consent of the Holders of the Notes to increase the principal amount of Notes under this Indenture and issue such increased
principal amount (or any portion thereof), in which case any Additional Notes so issued will have the same form and terms (other than the Issue Date, offering price and, under certain circumstances, CUSIP/ISIN number and date from which interest
thereon will begin to accrue), and will carry the same right to receive accrued and unpaid interest, as the Initial Notes, and such Additional Notes will form a single class with the Initial Notes, including for voting purposes. 

  
 15 

 With respect to any Additional Notes, the Company shall set forth in a resolution of the
Board of Directors and an Officers’ Certificate, a copy of each of which shall be delivered to the Trustee, the following information: 
  

	 	(1)	the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to this Indenture; and 

 

	 	(2)	the issue price, the issue date and the CUSIP numbers of such Additional Notes. 

 ARTICLE THREE. 
 REDEMPTION AND PREPAYMENT 

SECTION 3.01. Notices to Trustee. If the Company elects to redeem prior to the Stated Maturity thereof all or part of the Notes
pursuant to the terms of the Notes, it shall notify the Trustee of the paragraph of the Notes and/or Section of this Indenture pursuant to which the redemption shall occur, the Redemption Date and the principal amount of Notes to be redeemed plus
accrued interest, if any, to but not including the Redemption Date and the Redemption Price. The Company shall give such notice to the Trustee at least 45 days before the Redemption Date (or such shorter notice as may be acceptable to the Trustee).

 SECTION 3.02. Selection of Notes to be Redeemed. If less than all of the Notes are to be redeemed or purchased in an
offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. 

No Notes of $2,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this
Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not
previously called for redemption. 
 If any Note is to be redeemed in part only, the notice of redemption that relates to such
Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon
cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the
Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption. 

SECTION 3.03. Notice of Redemption. At least 30 days but not more than 60 days before a Redemption Date, the Company shall mail or
cause to be mailed, by first class mail, a notice of redemption to each Holder whose Notes are to be redeemed at its registered address. 
 The notice shall identify the principal amount of Notes to be redeemed and shall state: 
 (1) the Redemption Date; 
 (2) the Redemption Price, including
interest accrued and unpaid to the date fixed for redemption; 
 (3) if any Note is being redeemed in part, the
portion of the principal amount of such Note to be redeemed and that, after the Redemption Date upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion shall be issued upon cancellation of the original
Note; 
 (4) the name and address of the Paying Agent; 

(5) that Notes called for redemption must be surrendered to the Paying Agent to collect the Redemption Price; 

(6) that, unless the Company defaults in paying such Redemption Price, interest on Notes (or portion thereof) called for
redemption ceases to accrue on and after the Redemption Date; 

  
 16 

 (7) the paragraph of the Notes and/or provision of this Indenture or any
supplemental indenture pursuant to which the Notes called for redemption are being redeemed; 
 (8) the CUSIP
number and ISIN, if any, printed on the Notes being redeemed; and 
 (9) that no representation is made as to the
correctness or accuracy of the CUSIP number or ISIN, if any, contained in such notice or printed on the Notes and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption shall not be
affected by any defect in or omission of such numbers. 
 At the Company’s written request, the Trustee shall give the
notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 45 days prior to the Redemption Date (or such shorter notice as may be acceptable to the
Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as required by this Section 3.03. 

SECTION 3.04. Effect of Notice of Redemption. Once notice of redemption is mailed in accordance with Section 3.03 hereof,
Notes called for redemption become irrevocably due and payable on the Redemption Date at the Redemption Price plus accrued and unpaid interest to, but not including, the Redemption Date. A notice of redemption may not be conditional. 

Failure to give notice or any defect in the notice to any Holder shall not affect the validity of the notice to any other Holder.

 SECTION 3.05. Deposit of Redemption Price. On or before 10:00 a.m. (New York City time) on the Redemption Date, the
Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary of the Company is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the Redemption Price of, and accrued interest on, all
Notes to be redeemed on that date, other than Notes or portions of Notes called for redemption that have been delivered by the Company to the Trustee for cancellation. The Trustee or the Paying Agent shall as promptly as practicable return to the
Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the Redemption Price of, and accrued interest on, all Notes to be redeemed. If such money is then held by the Company in trust
and is not required for such purpose it shall be discharged from such trust. In addition, if any money deposited with the Trustee or with the Paying Agent, or held by the Company, in respect of any redemption of Notes remains unclaimed for two years
after the applicable Redemption Date, such money shall be handled in accordance with Section 8.06. 
 If the Company
complies with the provisions of the preceding paragraph, on and after the Redemption Date, interest shall cease to accrue on the Notes or the portions of the Notes called for redemption. If a Note is redeemed on or after a Regular Record Date but on
or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such Regular Record Date. If any Note called for redemption shall not
be so paid upon surrender for redemption because of the failure of the Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the Redemption Date until such principal is paid, and, to the extent lawful,
on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes. 
 SECTION 3.06. Notes
Redeemed in Part. Upon surrender of a Note that is redeemed in part, the Company shall execute and, upon the Company’s written request, the Trustee shall authenticate for the Holder (at the Company’s expense) a new Note equal in
principal amount to the unredeemed portion of the Note surrendered. 
 SECTION 3.07. Optional Redemption. Prior to
[•], the Notes will be redeemable, in whole, at any time, or in part, from time to time, at the Company’s option upon not less than 30 nor more than 60 days’ notice at a Redemption Price, plus accrued and unpaid interest to, but not
including, the Redemption Date, equal to the greater of: 
  

	 	•	 	 100% of the principal amount thereof, or 

  
 17 

	 	•	 	 the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date on a semiannual
basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable Treasury Yield plus [•] basis points. 

 On or after [•], the Notes will be redeemable, in whole at any time or in part from time to time, at the Company’s option upon not less than 30 nor more than 60 days’ notice at a Redemption
Price equal to 100% of the principal amount thereof plus accrued and unpaid interest to, but not including, the Redemption Date. 
 In addition, the Company may at any time purchase Notes by tender, in the open market or by private agreement, subject to applicable law. 

SECTION 3.08. Sinking Fund. The Notes will not have the benefit of any sinking fund. 

SECTION 3.09. Change of Control. (a) Upon the occurrence of a Change of Control Triggering Event, unless the Company has
exercised its right to redeem the Notes pursuant to Section 3.07, the Company will make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (in integral multiples of $1,000) of each Holder’s
Notes at a purchase price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, on the Notes repurchased, to but not including the date of purchase, subject to the rights of holders of Notes on the
relevant Regular Record Date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event, or at the Company’s option, prior to
any Change of Control but after the public announcement of the pending Change of Control, the Company shall, by first class mail, send a notice to Holders of the Notes (with a copy to the Trustee) describing the transaction or transactions that
constitute the Change of Control Triggering Event, stating: 
  

	 	(1)	that the Change of Control Offer is being made pursuant to this Section 3.09 and that all Notes tendered will be accepted for payment; 

 

	 	(2)	the purchase price and the purchase date, which shall be no earlier than 30 days and no later than 60 days from the date such notice is mailed (the “Change of
Control Payment Date”); 

  

	 	(3)	that any Note not tendered will continue to accrue interest; 

  

	 	(4)	that, unless the Company defaults in the payment of the Change of Control Payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to
accrue interest on and after the Change of Control Payment Date; 

  

	 	(5)	that Holders electing to have any Notes purchased pursuant to a Change of Control Offer will be required to surrender the Notes, with the form entitled “Option of
Holder to Elect Purchase” on the reverse of the Note completed, to the Paying Agent at the address specified in the notice or transfer such Notes to the Paying Agent by book-entry transfer pursuant to the applicable procedures of the Paying
Agent, prior to the close of business on the third Business Day preceding the Change of Control Payment Date; 

  

	 	(6)	that Holders will be entitled to withdraw their election if the Paying Agent receives, no later than the close of business on the second Business Day preceding the
Change of Control Payment Date, a facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Notes delivered for purchase, and a statement that such Holder is withdrawing his election to have the Notes
purchased; 

  

	 	(7)	that Holders whose Notes are being purchased only in part will be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered, which
unpurchased portion must be equal to $2,000 in principal amount or an integral multiple thereof; and 

  
 18 

	 	(8)	if such notice is mailed prior to the consummation of the Change of Control, that the Change of Control Offer is conditioned on the Change of Control being consummated
on or prior to the Change of Control Payment Date. 

 (b) The Company will comply with the requirements of Rule
14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the
extent that the provisions of any securities laws or regulations conflict with the provisions of this Section 3.09, the Company will comply with the applicable securities laws and regulations and will not be deemed to have breached its
obligations under this Section 3.09 by virtue of such compliance. 
 (c) On the Change of Control Payment Date, the Company
will, to the extent lawful, 
  

	 	(1)	accept for payment all Notes or portions thereof properly tendered and not withdrawn pursuant to the Change of Control Offer; 

 

	 	(2)	deposit with the Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes accepted for payment; and

  

	 	(3)	deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officer’s Certificate stating the aggregate principal amount of Note
or portions of Notes being purchased by the Company. 

 (d) The Paying Agent will promptly mail to each Holder of
Notes accepted for payment the Change of Control Payment for such Notes deposited pursuant to (c)(2) above, and the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to each Holder a new Note equal in principal
amount to any unpurchased portion of the Notes surrendered, if any; provided that each new Note will be in a principal amount of $2,000 and or any integral multiple of $1,000. The Company will publicly announce the results of the Change of Control
Offer on or as soon as practicable after the Change of Control Payment Date. Except as described above with respect to a Change of Control, this Indenture does not contain provisions that permit Holders of the Notes to require the Company to
repurchase or redeem the Notes in the event of a takeover, recapitalization or similar transaction. 
 (e) Notwithstanding
anything to the contrary in this Section 3.09, the Company shall not be required to make a Change of Control Offer upon a Change of Control Triggering Event if (1) a third party makes the Change of Control Offer in the manner, at the times
and otherwise in compliance with the requirements set forth in this Section 3.09 and purchases all Notes validly tendered and not withdrawn under the Change of Control Offer; or (2) notice of redemption has been given pursuant to
Section 3.07 hereof, unless and until there is a default in the payment of the applicable Redemption Price. 
 ARTICLE FOUR.

 COVENANTS 
 SECTION 4.01. Payment of Notes. The Company covenants and agrees for the benefit of the Holders of the Notes that it will duly and punctually make all payments of principal of, premium, if any, on
and interest, if any, on the Notes on the dates and in the manner provided in the Notes and this Indenture. Such payments shall be considered made on the date due if on such date the Trustee or the Paying Agent holds, in accordance with this
Indenture, money sufficient to make all payments of principal of, premium, if any, on and interest, if any, then due on the Notes. 
 SECTION 4.02. SEC Reports. Notwithstanding that the Company may not be subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, so long as any Notes are outstanding,
the Company shall timely file with the SEC and, if requested by the Trustee, furnish to the Trustee and the Holders within 15 days after filing with the SEC copies of such annual reports and such information, documents and other

  
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reports as are specified in Sections 13 and 15(d) of the Exchange Act and applicable to a U.S. corporation subject to such Sections, provided, however, that the Company will not be so
obligated to file such information, documents and reports with the SEC if the SEC does not permit such filings. 
 Delivery of
such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained
therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates). 
 SECTION 4.03. Compliance Certificate. The Company shall deliver to the Trustee within 120 days after the end of each fiscal year of the Company an Officers’ Certificate stating that in the
course of the performance by the signers of their duties as Officers of the Company they would normally have knowledge of any Default and whether or not the signers know of any Default that occurred during such period. If they do, the certificate
shall describe the Default, its status and what action the Company is taking or propose to take with respect thereto. 
 SECTION
4.04. Further Instruments and Acts. The Company shall execute and deliver to the Trustee such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture.

 SECTION 4.05. Corporate Existence. Subject to Article Five hereof, the Company shall do or cause to be done all things
necessary to preserve and keep in full force and effect: 
 (1) its corporate existence in accordance with its
organizational documents (as the same may be amended from time to time) and 
 (2) the rights (charter and
statutory), licenses and franchises of the Company; provided, however, that the Company shall not be required to preserve any such right, license or franchise if the Board of Directors shall determine that the preservation thereof is no
longer desirable in the conduct of the business of the Company and its Subsidiaries, taken as a whole. 
 SECTION 4.06.
Limitations on Liens. The Company shall not, and shall not permit any of its Subsidiaries to, create, incur, issue, assume or guarantee any debt of the Company or any of its Subsidiaries secured by a Lien (other than Permitted Liens) upon any
shares of stock, indebtedness, property or other assets (other than deposit accounts, inventory, accounts receivable or the proceeds therefrom), without making effective provision to secure all of the Notes, equally and ratably with any and all
other debt thereby secured, so long as any of such debt shall be so secured. 
 SECTION 4.07. Limitation on Sale and
Leaseback Transactions. The Company shall not, and shall not permit any Subsidiary of the Company to, enter into any arrangement with any Person providing for the leasing by the Company or any Subsidiary of the Company of any property or assets
that have been or are to be sold or transferred by the Company or such Subsidiary of the Company to such Person, with the intention of taking back a lease of such property or assets (a “Sale and Leaseback Transaction”) unless
either: 
 (a) within 12 months after the receipt of the proceeds of the sale or transfer, the Company or any Subsidiary of the
Company applies an amount equal to the greater of the net proceeds of the sale or transfer or the fair value (as determined in good faith by the Company’s Board of Directors) of such property or assets at the time of such sale or transfer to
the prepayment or retirement (other than any mandatory prepayment or retirement) of Senior Funded Debt; or 
 (b) the Company or
such Subsidiary of the Company would be entitled, at the effective date of the sale or transfer, to incur debt secured by a Lien on such property or assets in an amount at least equal to the Attributable Debt in respect of the Sale and Leaseback
Transaction, without equally and ratably securing the Notes pursuant to Section 4.06. 

  
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 The foregoing restriction in the paragraph above shall not apply to any Sale and Leaseback
Transaction (i) for a term of not more than three years including renewals; (ii) between the Company and a Subsidiary of the Company or between Subsidiaries of the Company, provided that the lessor is the Company or a wholly owned
Subsidiary of the Company; or (iii) entered into within 180 days after the later of the acquisition or completion of construction of the subject property or assets. 
 SECTION 4.08. Maintenance of Office or Agency. The Company shall maintain an office or agency (which may be an office of the Trustee, an affiliate of the Trustee or Registrar) where the Notes may
be surrendered for registration of transfer or for exchange and where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company shall give prompt written notice to the Trustee of the location,
and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and
demands may be made or served at the Corporate Trust Office of the Trustee. 
 The Company also may from time to time designate
one or more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner
relieve the Company of its obligation to maintain an office or agency for such purposes. The Company shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or
agency. 
 With respect to any Global Note, the Corporate Trust Office for the Trustee shall be the place of payment where such
Global Note may be presented or surrendered for payment or for registration of transfer or exchange, or where successor Notes may be delivered in exchange therefore; provided, however, that any such payment, presentation, surrender or delivery
effected pursuant to the procedures of the Depositary for such Global Note shall be deemed to have been effected at the place of payment for such Global Note in accordance with the provisions of this Indenture. 

The Company hereby designates the Corporate Trust Office of the Trustee as one such office or agency of the Company in accordance with
Section 2.05 hereof. 
 SECTION 4.09. Subsidiary Guarantees. If on or after the date of this Indenture, a Subsidiary
of the Company incurs or guarantees obligations under the Revolving Credit Facility or incurs or guarantees obligations under any other Credit Facility Debt or Capital Markets Debt of the Company or any of the Subsidiary Guarantors, if such
Subsidiary of the Company is not already a Subsidiary Guarantor, the Company shall cause such Subsidiary, within 30 days to (a) execute and deliver to the Trustee a supplemental indenture substantially in the form of Exhibit B hereto
pursuant to which such Subsidiary shall fully and unconditionally guarantee all of the Company’s obligations under this Indenture, including the prompt payment in full when due of the principal of, premium on, if any, interest and, without
duplication, defaulted interest, if any, on the Notes and all other amounts payable by the Company thereunder and hereunder, subject to any applicable grace period, whether at maturity, by acceleration or otherwise, and interest on any overdue
principal and any overdue interest on the Notes and all other obligations of the Company to the Holders or the Trustee hereunder or under the Notes on the terms set forth in Article Ten, and (b) deliver to the Trustee an opinion of counsel to
the effect that (i) such supplemental indenture and guarantee of the Notes has been duly executed and authorized and (ii) such supplemental indenture and guarantee of the notes constitutes a valid, binding and enforceable obligation of
such Subsidiary of the Company, except insofar as enforcement thereof may be limited by bankruptcy, insolvency or similar laws and except insofar as enforcement thereof is subject to general principles of equity. Any such Guarantee of the Notes
shall be equal in ranking (“pari passu”) or senior in right of payment with the Guarantee or other obligation giving rise to the obligation to guarantee the Notes. 

  
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 ARTICLE FIVE. 
 SUCCESSOR COMPANIES 
 SECTION 5.01. Merger, Consolidation or Sale of
Assets of the Company. The Company shall not merge, consolidate or amalgamate with or into any other Person or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all of its property in one transaction or series of
related transactions unless: 
 (a) the Company shall be the surviving Person (the “Surviving
Person”) or the Surviving Person (if other than the Company) formed by such merger, consolidation or amalgamation or to which such sale, transfer, assignment, lease, conveyance or disposition is made shall be a corporation organized and
existing under the laws of the United States of America, any State thereof or the District of Columbia; 
 (b)
the Surviving Person (if other than the Company) expressly assumes, by supplemental indenture in the form reasonably satisfactory to the Trustee, executed and delivered to the Trustee by such Surviving Person, the due and punctual payment of the
principal of, and premium, if any, and interest on, all Notes outstanding, according to their tenor, and the due and punctual performance and observance of all the covenants and conditions of this Indenture to be performed by the Company;

 (c) immediately before and immediately after giving effect to such transaction or series of related
transactions, no Default or Event of Default shall have occurred and be continuing; and 
 (d) the Company shall
deliver, or cause to be delivered, to the Trustee, an Officers’ Certificate and an Opinion of Counsel, each stating that such transaction and the supplemental indenture, if any, in respect thereto comply with this Section 5.01 and that all
conditions precedent in this Indenture relating to such transaction have been complied with. 
 For the purposes of this
Section 5.01, the sale, transfer, assignment, lease, conveyance or other disposition of all the property of one or more Subsidiaries of the Company, which property, if held by the Company instead of such Subsidiaries, would constitute all or
substantially all the property of the Company on a consolidated basis, shall be deemed to be the transfer of all or substantially all the property of the Company. 
 SECTION 5.02. Merger, Consolidation or Sale of Assets of Subsidiary Guarantors. Unless the Subsidiary Guarantee of the applicable Subsidiary Guarantor is permitted to be released in connection with
such transaction pursuant to Section 10.04, such Subsidiary Guarantor shall not merge, consolidate or amalgamate with or into any other person or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all its
property in any one transaction or series of related transactions unless: 
 (1) such Subsidiary Guarantor shall
be the surviving person (the “Surviving Guarantor”) or the Surviving Guarantor (if other than such Subsidiary Guarantor) formed by such merger, consolidation or amalgamation or to which such sale, transfer, assignment, lease,
conveyance or disposition is made shall be a corporation, limited partnership or limited liability company organized and existing under the laws of the U.S., any State thereof or the District of Columbia; 

(2) the Surviving Guarantor (if other than such Subsidiary Guarantor) expressly assumes, by supplemental indenture in the
form reasonably satisfactory to the Trustee, executed and delivered to the Trustee by such Surviving Guarantor, such Subsidiary Guarantor’s guarantee of the due and punctual payment of the principal of, and premium, if any, and interest on, all
the Notes outstanding, according to their tenor, and the due and punctual performance and observance of all the covenants and conditions of this Indenture to be performed by such Subsidiary Guarantor; 

(3) immediately before and immediately after giving effect to such transaction or series of related transactions, no
Default or Event of Default shall have occurred and be continuing; and 
 (4) the Company shall deliver, or cause
to be delivered, to the Trustee, an Officers’ Certificate and an Opinion of Counsel, each stating that such transaction and the supplemental indenture, if any, in respect thereto comply with this Section 5.02 and that all conditions
precedent in this Indenture relating to such transaction have been complied with. 

  
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 Notwithstanding the provisions of Section 5.01 and this 5.02, (i) any Subsidiary
may merge, consolidate or amalgamate with or into or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all its property to the Company or a Subsidiary Guarantor and (ii) the Company may merge with an Affiliate
incorporated solely for the purpose of and with the sole effect of reincorporating or reorganizing the Company in another state of the United States. 
 SECTION 5.03. Surviving Person Substituted. (a) In case of any such consolidation, amalgamation, merger, sale, conveyance, assignment, transfer, lease or other disposition and upon the
assumption by the successor entity, by supplemental indenture, executed and delivered to the Trustee and reasonably satisfactory in form to the Trustee, of the due and punctual payment of the principal of, premium, if any, and interest on all of the
Notes outstanding and the due and punctual performance of all of the covenants and conditions of this Indenture or established with respect to the Notes pursuant to Section 2.02 to be performed by the Company or a Subsidiary Guarantor, as the
case may be, such successor entity shall succeed to and be substituted for and may exercise every right and power of the Company or a Subsidiary Guarantor, as the case may be, under this Indenture with the same effect as if it had been named as the
Company or a Subsidiary Guarantor, as the case may be, herein, and thereupon the predecessor entity shall be relieved of all obligations and covenants under this Indenture and the Notes. 

(b) In case of any such consolidation, amalgamation, merger, sale, conveyance, assignment, transfer, lease or other
disposition such changes in phraseology and form (but not in substance) may be made in the Notes thereafter to be issued as may be appropriate. 
 ARTICLE SIX. 
 DEFAULTS AND REMEDIES 

SECTION 6.01. Events of Default. Each of the following constitutes an “Event of Default” with respect to the
Notes: 
 (1) default in the payment of principal of or premium, if any, on any Note when due at its maturity,
upon optional redemption, upon required purchase or otherwise; 
 (2) default in the payment of interest when due
on the Notes within 30 days of when such amount becomes due and payable; 
 (3) the Company fails to comply with
any of its covenants or agreements in the Notes or this Indenture (other than a failure that is subject to the foregoing clauses (1) or (2)) and such failure continues for 60 consecutive days after receipt by the Company of written notice
of the Default by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding, which notice must specify the Default, demand that it be remedied and state that such notice is a “Notice of
Default”; 
 (4) debt for money borrowed of the Company or any Subsidiary Guarantor is not paid within
any applicable grace period after final maturity or is accelerated by the holders thereof because of a default, and in each case the total amount of such debt unpaid or accelerated exceeds $75.0 million or its Foreign Currency equivalent at the time
without such debt having been discharged or acceleration having been rescinded or annulled within 10 consecutive days after receipt by the Company of written notice of the default by the Trustee or Holders of not less than 25% in aggregate principal
amount of the Notes then outstanding; 
 (5) the Company or any Subsidiary Guarantor pursuant to or within the
meaning of any Bankruptcy Law: 
 (A) commences a voluntary case; 

(B) consents to the entry of an order for relief against it in an involuntary case; 

  
 23 

 (C) consents to the appointment of a Custodian of it or for all or
substantially all of its property; or 
 (D) makes a general assignment for the benefit of its creditors;

 or takes any comparable action under any foreign laws relating to insolvency; 

(6) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(A) is for relief against the Company or any Subsidiary Guarantor in an involuntary case; 

(B) appoints a Custodian of the Company or any Subsidiary Guarantor or for all or substantially all of its property; or

 (C) orders the winding up or liquidation of the Company or any Subsidiary Guarantor; 

or any similar relief is granted under any foreign laws and the order or decree remains unstayed and in effect for 60 consecutive days; or 

(7) Except as permitted pursuant to Section 10.04, any Subsidiary Guarantee shall be held in any judicial proceeding
to be unenforceable or invalid or shall cease for any reason to be in full force and effect, or any Subsidiary Guarantor, or any person acting on its behalf, should deny or disaffirm its obligations under its Subsidiary Guarantee. 

The foregoing will constitute Events of Default whatever the reason for any such Event of Default and whether it is voluntary or
involuntary or is effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body. 

The term “Custodian” means, for the purposes of this Article Six, any receiver, trustee, assignee, liquidator, custodian
or similar official under any Bankruptcy Law. 
 The Company shall deliver to the Trustee, within 30 days after the occurrence
thereof, written notice in the form of an Officers’ Certificate of any event which with the giving of notice or the lapse of time or both would become an Event of Default, its status and what action the Company is taking or proposes to take
with respect thereto. 
 SECTION 6.02. Acceleration. (a) If an Event of Default with respect to the Notes at the
time outstanding (other than an Event of Default specified in Section 6.01(5) or (6) with respect to the Company or any Subsidiary Guarantor) occurs and is continuing, the Trustee or the Holders of not less than 25% in aggregate principal
amount of the outstanding Notes by notice to the Company in writing (and to the Trustee, if given by Holders of the Notes) specifying the Event of Default, may declare the principal amount of, premium, if any, and accrued and unpaid interest to, but
not including, the date of acceleration on all the Notes to be due and payable. Upon such a declaration, such amounts shall be due and payable immediately. If an Event of Default specified in Section 6.01(5) or (6) with respect to the
Company or any Subsidiary Guarantor occurs, the principal amount of, premium, if any, and accrued and unpaid interest to, but not including, the date of such Event of Default on all the Notes shall ipso facto become and be immediately due and
payable without any declaration or other act on the part of the Trustee or any Holder. 
 (b) At any time after
the principal of the Notes shall have been so declared due and payable (or shall have become immediately due and payable), and before any judgment or decree for the payment of the moneys due shall have been obtained or entered as hereinafter
provided, the Holders of a majority in aggregate principal amount of the Notes then outstanding, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences, and waive such Event of Default, if any
and all Events of Default under this Indenture with respect to such Notes, other than the nonpayment of principal, premium, or interest on Notes that shall not have become due by their terms, shall have been cured or waived as provided in
Section 6.04. No such rescission shall affect any subsequent Default or impair any right consequent thereto. 

  
 24 

 Notwithstanding the preceding paragraph, in the event of a declaration of acceleration in
respect of the Notes because of an Event of Default specified in clause (4) shall have occurred and be continuing (excluding any resulting payment default under this Indenture or the Notes), such declaration of acceleration shall be
automatically annulled if (i) the default under the debt that is the subject of such Event of Default has been cured by the Company or the Subsidiary Guarantor or has been waived by the holders thereof or (ii) the holders of the debt that
is the subject of such Event of Default have rescinded their declaration of acceleration in respect of such debt, and written notice of such cure, waiver or rescission shall have been given to the Trustee by the Company and countersigned by the
holders of such debt or a trustee, fiduciary or agent for such holders, within 20 days after such declaration of acceleration in respect of the Notes and if the annulment of the acceleration of the Notes would not conflict with any judgment or
decree of a court of competent jurisdiction, and no other Event of Default exists or has occurred during such 20-day period which has not been cured or waived during such period. 

SECTION 6.03. Other Remedies. If an Event of Default with respect to any Notes occurs and is continuing, the Trustee may pursue
any available remedy to collect the payment of the principal amount of, premium, if any, and accrued and unpaid interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture. 

The Trustee may institute and maintain a suit or legal proceeding even if it does not possess any of the Notes or does not produce any of
them in the proceeding. A delay or omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default with respect to any Notes shall not impair the right or remedy or constitute a waiver of or acquiescence in
the Event of Default. No remedy is exclusive of any other remedy. All available remedies are cumulative. 
 SECTION 6.04.
Waiver of Past Defaults. The Holders of a majority in principal amount of the Notes by written notice to the Trustee may waive an existing Default and its consequences except a continuing Default in the payment of the principal amount of,
premium, if any, and accrued and unpaid interest on a Note. When a Default is waived, it is deemed cured, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. For the avoidance of doubt, subject to
Section 6.02 hereof and this Section 6.04, the Holders of a majority in aggregate principal amount of the then outstanding Notes may rescind an acceleration and its consequences, including any related payment default that resulted from
such acceleration. 
 SECTION 6.05. Control by Majority. The Holders of a majority in aggregate principal amount of the
then outstanding Notes may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee with respect to the Notes. However, the Trustee may refuse
to follow any direction that conflicts with law or this Indenture or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of any other Holder of the Notes or that would subject the Trustee to personal
liability; provided, however, that the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction. Prior to taking any action hereunder, the Trustee shall be entitled to indemnity reasonably
satisfactory to it against all losses and expenses caused by taking or not taking such action. 
 SECTION 6.06. Limitation on
Suits. Except to enforce the right to receive payment of the principal amount of, premium, if any, and accrued and unpaid interest on a Note when due, as provided in Section 6.07, no Holder of a Note may pursue any remedy with respect to
this Indenture or the Notes unless: 
 (i) the Holder previously gave the Trustee written notice stating that an Event of
Default with respect to the Notes is continuing; 
 (ii) the Holders of at least 25% in aggregate principal amount of the
outstanding Notes make a written request to the Trustee to pursue the remedy; 

  
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 (iii) such Holder or Holders of the Notes offer to the Trustee security or indemnity
reasonably satisfactory to it to the Trustee against any loss, liability or expense; 
 (iv) the Trustee does not comply with
the request within 60 days after receipt of the request and the offer of security or indemnity; and 
 (v) the Holders of a
majority in aggregate principal amount of the outstanding Notes do not give the Trustee a written direction inconsistent with the request during such 60-day period. 
 It is understood and intended and expressly covenanted by the taker and holder of every Note, with every other taker and holder with the Trustee that a Holder of Notes may not use this Indenture to
prejudice the rights of another Holder of the Notes or to obtain a preference or priority over another Holder of the Notes (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions or
forbearances are unduly prejudicial to such Holders). 
 SECTION 6.07. Rights of Holders to Receive Payment.
Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of the principal amount of, premium, if any, and accrued and unpaid interest on the Notes held by such Holder, on or after their respective Maturity,
or to bring suit for the enforcement of any such payment on or after their respective Maturity, shall not be impaired or affected without the consent of such Holder. 
 SECTION 6.08. Collection Suit by Trustee. If an Event of Default specified in Section 6.01(1) or (2) occurs and is continuing, the Trustee may recover judgment in its own name and as
trustee of an express trust against the Company for the whole amount of principal, premium, if any, and interest, if any, then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in
Section 7.07. 
 SECTION 6.09. Trustee May File Proofs of Claim. The Trustee may file such proofs of claim and other
papers or documents as may be necessary or advisable in order to have the claims of the Trustee and the Holders allowed in any judicial proceedings relative to the Company, its creditors or its property and, unless prohibited by law or applicable
regulations, may vote on behalf of the Holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any such judicial proceeding is hereby authorized by each Holder to make payments to the
Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents
and its counsel, and any other amounts due the Trustee under Section 7.07. 
 SECTION 6.10. Priorities. If the
Trustee collects any money or property pursuant to this Article Six with respect to the Notes, it shall pay out the money or property in the following order: 
 FIRST: to the Trustee for amounts due under Section 7.07; 
 SECOND: to Holders
for amounts due and unpaid on the Notes for the principal amount of, premium, if any, and accrued and unpaid interest, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for the principal
amount of, premium, if any, and accrued and unpaid interest, respectively; and 
 THIRD: to the Company or to such party as a
court of competent jurisdiction shall direct, including a Subsidiary Guarantor. 
 The Trustee may fix a record date and payment
date for any payment to Holders pursuant to this Section. At least 15 days before such record date, the Trustee shall mail to each Holder and the Company a notice that states the record date, the payment date and amount to be paid. 

  
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 SECTION 6.11. Undertaking for Costs. In any suit for the enforcement of any right or
remedy under this Indenture or in any suit against the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing, by any party litigant in the suit, of an undertaking to pay the costs of the suit, and
the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party
litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder pursuant to Section 6.07 or a suit by Holders of more than 10% in principal amount of the then outstanding Notes. 

SECTION 6.12. Waiver of Stay or Extension Laws. Neither the Company nor any Subsidiary Guarantor (to the extent the Company or
such Subsidiary Guarantor may lawfully do so) shall at any time insist upon, plead, or in any manner whatsoever claim to take the benefit or advantage of, any stay or extension law, wherever enacted, now or at any time hereafter in force, which may
affect the covenants or the performance of this Indenture; and the Company and each Subsidiary Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and shall not hinder, delay or
impede the execution of any power herein granted to the Trustee, but shall suffer and permit the execution of every such power as though no such law had been enacted. 
 ARTICLE SEVEN. 
 TRUSTEE 

SECTION 7.01. Duties of Trustee. (a) If an Event of Default has occurred and is continuing with respect to the Notes, the
Trustee shall exercise the rights and powers vested in it by this Indenture and use the same degree of care and skill in its exercise thereof as a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own
affairs. 
 (b) Except during the continuance of an Event of Default with respect to the Notes: 

(1) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture
with respect to the Notes, as modified or supplemented by a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 (2) in the absence of bad faith on its part, the Trustee may, with respect to the Notes, conclusively rely, as
to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. 

(c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure to act or its
own willful misconduct, except that: 
 (1) this paragraph does not limit the effect of paragraph (b) of
this Section; 
 (2) the Trustee shall not be liable for any error of judgment made in good faith by a
Responsible Officer unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 

(3) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with
any remedy available to the Trustee, or by exercising any trust or power conferred upon the Trustee under this Indenture, or with a direction received by it pursuant to Section 6.05. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and
(c) of this Section. 
 (e) The Trustee shall not be liable for interest on any money received by it except
as the Trustee may agree in writing with the Company. 
 (f) Money held in trust by the Trustee need not be
segregated from funds except to the extent required by law. 

  
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 (g) No provision of this Indenture shall require the Trustee to expend or
risk its own funds or otherwise incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it. 
 (h) Every provision of this
Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section and to the provisions of the TIA. 

SECTION 7.02. Rights of Trustee. (a) The Trustee may conclusively rely on any document believed by it to be genuine and to
have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel. The Trustee shall not be liable for any action it takes or omits to take in good
faith in reliance on the Officers’ Certificate or Opinion of Counsel. 
 (c) The Trustee may act through
agents or attorneys and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care. 
 (d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or within its rights or powers; provided, however, that the
Trustee’s conduct does not constitute willful misconduct or negligence. 
 (e) The Trustee may consult with
counsel of its choice, and the advice or opinion of counsel with respect to legal matters relating to this Indenture and the Notes, shall be full and complete authorization and protection from liability in respect to any action taken, omitted or
suffered by it hereunder in good faith and in accordance with the advice or opinion of such counsel. 
 (f)
Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Company shall be sufficient if signed by an Officer of the Company. 

(g) The Trustee shall not be deemed to have notice of any Default or Event of Default with respect to the Notes unless a
Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references such Notes and
this Indenture. Except for a Default under Section 6.01(1) or (2) hereof, the Trustee shall not be charged with actual knowledge of any Event of Default or Default unless the Trustee is notified in writing of such Default or Event of
Default by the Company or the Holders of at least 25% in the aggregate principal amount of all Notes then outstanding. 
 (h) The rights, privileges, protections, immunities and benefits given to the Trustee, including without limitation, its right to be indemnified, are extended to and shall be enforceable by, the Trustee
in each of its capacities hereunder, and to each agent, custodian and other Person employed to act hereunder; 

(i) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the
request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity reasonably satisfactory to the Trustee against the costs, expenses and liabilities which might be
incurred by the Trustee in compliance with such request or direction. 
 (j) The Trustee shall not be bound to
make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or
document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to
examine the books, records and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation. 

  
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 (k) The Trustee shall not be liable for any action taken, suffered, or
omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture. 

(l) In no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage
of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action. 

(m) The Trustee may request that the Company deliver a certificate setting forth the names of individuals or titles of
officers authorized at such time to take specified actions pursuant to this Indenture. 
 (n) The Trustee shall
not be required to give any bond or surety in respect of the performance of its powers and duties hereunder. 
 SECTION 7.03.
Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee.
Any Paying Agent, Registrar or co-paying agent may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11. 
 SECTION 7.04. Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the Notes, it shall not be
accountable for the Company’s use of the proceeds from the Notes, and it shall not be responsible for any statement of the Company in this Indenture, in the Notes, or in any document executed in connection with the sale of the Notes, other than
those set forth in the Trustee’s certificate of authentication. 
 SECTION 7.05. Notice of Defaults. If a Default
with respect to the Notes occurs and is continuing and if it is actually known to a Responsible Officer of the Trustee, the Trustee shall mail to each Holder of the Notes notice of the Default within 90 days after it occurs. The Trustee may withhold
the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Holders. 
 SECTION 7.06. Reports by Trustee to Holder. If required by § 313(a) of the TIA within 60 days after each April 15 following the date of the Issue Date, for so long as Notes remain
outstanding, the Trustee shall mail to each Holder a brief report dated as of such reporting date that complies with § 313(a) of the TIA. The Trustee shall also comply with § 313(b) of the TIA. 

A copy of each report at the time of its mailing to Holders shall be filed with the SEC and each stock exchange (if any) on which the
Notes are listed. The Company agrees to notify promptly the Trustee in writing whenever the Notes become listed on any stock exchange and of any delisting thereof. 
 SECTION 7.07. Compensation and Indemnity. The Company shall pay to the Trustee from time to time such compensation for its services as the Company and the Trustee shall from time to time agree in
writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred (including
extraordinary services and expenses) or made by it, including costs of collection, in addition to the compensation for its services. Such expenses shall include the reasonable compensation and expenses, disbursements and advances of the
Trustee’s agents, counsel, accountants and experts. The Company shall indemnify each of the Trustee and any predecessor Trustee against any and all loss, liability, damage, claim or expense (including reasonable attorneys’ fees and
expenses) incurred by or in connection with the administration of this trust and the performance of its duties hereunder; provided that the Company need not reimburse any expense or indemnify against any loss, liability, damage, claim or expense
incurred by an indemnified party through such party’s own negligence, willful 

  
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misconduct or bad faith. The Trustee shall notify the Company of any claim for which it may seek indemnity promptly upon obtaining actual knowledge thereof; provided, however, that any
failure so to notify the Company shall not relieve the Company of its indemnity obligations hereunder. 
 Notwithstanding
Section 4.06, to secure the Company’s payment obligations in this Section 7.07, the Trustee shall have a lien prior to the Notes on all money or property held or collected by the Trustee other than money or property held in trust to
pay the principal of and interest and any additional payments on the Notes. 
 When the Trustee incurs expenses after the
occurrence of a Default specified in Section 6.01(5) or (6) with respect to the Company, the expenses are intended to constitute expenses of administration under the Bankruptcy Law. The Company’s payment obligations pursuant to this
Section 7.07 shall survive the satisfaction or discharge of this Indenture or the resignation or removal of the Trustee. 

SECTION 7.08. Replacement of Trustee. The Trustee may resign at any time with respect to the Notes by so notifying the Company.
The Holders of a majority in principal amount of the Notes may remove the Trustee and may appoint a successor Trustee with respect to the Notes by so notifying the Trustee and the Company in writing not less than 30 days prior to the effective date
of such removal. The Company shall remove the Trustee if: 
 (a) the Trustee fails to comply with
Section 7.10; 
 (b) the Trustee is adjudged bankrupt or insolvent; 

(c) a receiver or other public officer takes charge of the Trustee or its property; or 

(d) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns, is removed by the Company or by the Holders of a majority in principal amount of the Notes and such Holders do
not reasonably promptly appoint a successor Trustee or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Company shall promptly appoint a successor Trustee.

 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company.
Thereupon the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture, and thereupon the duties and obligations of the
predecessor shall cease and terminate. The successor Trustee shall mail a notice of its succession to Holders of the Notes. The retiring Trustee shall promptly, upon the payment of the fees and expenses owed to the retiring Trustee, transfer all
property held by it as Trustee to the successor Trustee, subject to the lien provided for in Section 7.07. 
 If a
successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee or the Holders of 10% in principal amount of the Notes may petition, at the expense of the Company, any court of competent
jurisdiction for the appointment of a successor Trustee. 
 If the Trustee fails to comply with Section 7.10, any Holder of
the Notes may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 
 Notwithstanding the replacement of the Trustee pursuant to this Section 7.08, the Company’s obligations under Section 7.07 shall continue for the benefit of the retiring Trustee.

 SECTION 7.09. Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all
or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. 

  
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 In case at the time such successor or successors by merger, conversion or consolidation to
the Trustee shall succeed to the trusts created by this Indenture any of the Notes shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver
such Notes so authenticated; and if at that time any of the Notes shall not have been authenticated, any such successor to the Trustee may authenticate such Notes either in the name of any predecessor hereunder or in the name of the successor to the
Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.10. Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of TIA § 310(a). The
Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA § 310(b); provided, however, that there shall be excluded
from the operation of TIA § 310(b)(1) any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Company are outstanding if the requirements for such exclusion set forth in
TIA § 310(b)(1) are met. 
 SECTION 7.11. Preferential Collection of Claims Against Company. The Trustee shall
comply with TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who has resigned or has been removed shall be subject to TIA § 311(a) to the extent indicated. 

ARTICLE EIGHT. 

LEGAL DEFEASANCE, COVENANT DEFEASANCE AND SATISFACTION AND DISCHARGE 

SECTION 8.01. Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors
evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.

 SECTION 8.02. Legal Defeasance and Discharge. Upon the Company’s exercise under Section 8.01 hereof of the
option applicable to this Section 8.02, the Company and the Guarantors shall, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be deemed to have been discharged from their respective obligations with respect
to all outstanding Notes and Guarantees on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Company shall be deemed to have paid and
discharged the entire debt represented by the outstanding Notes, which shall thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof and the other Sections of this Indenture referred to in (a) and
(b) below, and to have satisfied all its other obligations under such Notes and this Indenture, including obligations of the Guarantors (and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments
acknowledging the same), except for the following provisions which shall survive until otherwise terminated or discharged hereunder: 
 (a) the Company’s obligations with respect to the Notes under Sections 2.05, 2.06, 2.07, 2.08 and 2.09; 
 (b) the rights, powers, trusts, duties and immunities of the Trustee hereunder and the Company’s obligations in connection therewith under Article Two and Article Seven (including, but not limited
to, the rights of the Trustee and the duties of the Company under Section 7.07, which shall survive despite the satisfaction in full of all obligations hereunder); and 

(c) Sections 8.01, 8.02, 8.05, 8.06 and 8.07. 
 Subject to compliance with this Article Eight, the Company may exercise its option under this Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof. 

  
 31 

 SECTION 8.03. Covenant Defeasance. Upon the Company’s exercise under
Section 8.01 hereof of the option applicable to this Section 8.03 with respect to the Notes, the Company shall, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be released from its obligations under the
covenants contained in Section 3.09, Section 4.02, Section 4.05, Section 4.06, Section 4.07, Section 4.09, Section 5.01 and Section 5.02 of this Indenture and from the operation of Section 6.01(4) of this
Indenture, the bankruptcy provisions in Sections 6.01(5) and Section 6.01(6) of this Indenture with respect to the Subsidiary Guarantors and Section 6.01(7) of this Indenture (hereinafter, “Covenant Defeasance”), and the
Notes shall thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but shall continue to be deemed
“outstanding” for all other purposes hereunder (it being understood that such Notes shall not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes and
Guarantees, the Company and the Guarantors may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere
herein to any such covenant or by reason of any reference in any such covenant to any other provision herein or in any other document and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01 hereof,
but, except as specified above, the remainder of this Indenture and the Notes shall be unaffected thereby. In addition, upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03 hereof with
respect to the Notes, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Section 6.01(3) hereof (solely with respect to the covenants described in Sections 3.09, 4.02, 4.05, 4.06, 4.07, 5.01 and 5.02) and
Sections 6.01(4) and 6.01(6) with respect to the Subsidiary Guarantors and Section 6.01(7) shall not constitute an Event of Default with respect to the Notes. 
 SECTION 8.04. Conditions to Legal or Covenant Defeasance. The following shall be the conditions to the application of either Section 8.02 or 8.03 hereof to the outstanding Notes: 

In order to exercise either Legal Defeasance or Covenant Defeasance with respect to the Notes: 

(1) the Company must irrevocably deposit in trust with the Trustee money or U.S. Government Obligations or a combination
thereof for the payment of principal of and interest on the Notes to the Stated Maturity or redemption, as the case may be; 
 (2) the Company shall have delivered to the Trustee a certificate from a nationally recognized firm of independent registered public accountants expressing their opinion that the payments of principal and
interest when due on the deposited U.S. Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as will be sufficient to pay principal and interest when due on all the Notes to the
Stated Maturity or redemption, as the case may be; 
 (3) in the case of the legal defeasance option, 91 days
pass after the deposit is made and during the 91-day period no Default specified in Section 6.01(5) or (6) with respect to the Company or any other Person making such deposit occurs that is continuing at the end of the period; 

(4) no Default or Event of Default with respect to the Notes shall have occurred and be continuing on the date of such
deposit (other than, if applicable, a Default or Event of Default with respect to the Notes resulting from the borrowing of funds to be applied to such deposit); 

(5) such deposit does not constitute a default under any other agreement binding on the Company; 

(6) the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the trust resulting from the
deposit does not require registration under the Investment Company Act of 1940, as amended; 
 (7) in the case of
Legal Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of this
Indenture there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Notes will not recognize income, gain or loss for federal
income tax purposes as a result of such defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred; 

  
 32 

 (8) in the case of the Covenant Defeasance, the Company shall have delivered
to the Trustee an Opinion of Counsel to the effect that the Holders of the Notes will not recognize income, gain or loss for federal income tax purposes as a result of such covenant defeasance and will be subject to federal income tax on the same
amounts, in the same manner and at the same times as would have been the case if such covenant defeasance had not occurred; and 
 (9) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent to the Legal Defeasance or Covenant Defeasance, as
applicable, of the Notes as contemplated by this Article Eight have been complied with. 
 SECTION 8.05. Deposited Money and
U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions. Subject to Section 8.06 hereof, all money and noncallable U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee (or other
qualifying trustee, collectively for purposes of this Section 8.05, the “Trustee”) pursuant to Section 8.04 or Section 8.08 hereof in respect of the outstanding Notes shall be held in trust and applied by the Trustee,
in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders of the Notes of all sums due
and to become due thereon in respect of principal, premium, if any, and interest, but such money need not be segregated from other funds except to the extent required by law. 
 The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or noncallable U.S. Government Obligations deposited pursuant to
Section 8.04 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the Notes. 

Anything in this Article Eight to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon
the request of the Company any money or noncallable U.S. Government Obligations held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written
certification thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(2) hereof), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or
Covenant Defeasance. 
 SECTION 8.06. Repayment to Company. Any money deposited with the Trustee or any Paying Agent, or
then held by the Company, in trust for the payment of the principal of, premium, if any, or interest on any Note and remaining unclaimed for two years after such principal, and premium, if any, or interest has become due and payable shall be paid to
the Company on its request or, if then held by the Company, shall be discharged from such trust; and the Holder of such Note shall thereafter look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with
respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease. 
 SECTION 8.07.
Reinstatement. If the Trustee or Paying Agent is unable to apply any Dollars or noncallable U.S. Government Obligations in accordance with Section 8.02, 8.03 or 8.08 hereof, as the case may be, by reason of any order or judgment of any
court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Company’s obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to
Section 8.02, 8.03 or 8.08 hereof until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 8.02, 8.03 or 8.08 hereof, as the case may be; provided, however, that, if the Company
makes any payment of principal of, premium, if any, or interest on any Note following the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of the Notes to receive such payment from the money held by the
Trustee or Paying Agent. 
 SECTION 8.08. Satisfaction and Discharge of Indenture. If at any time: (a) the Company
shall have delivered to the Trustee for cancellation all Notes theretofore authenticated (other than any Notes that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 3.07 and Notes

  
 33 

 
for whose payment money and/or U.S. Government Obligations have theretofore been deposited in trust or segregated and held in trust by the Company and thereupon repaid to the Company or
discharged from such trust, as provided in Section 8.06); or (b) all such Notes not theretofore delivered to the Trustee for cancellation shall have become due and payable, or are by their terms to become due and payable within one year or
are to be called for redemption within one year under arrangements reasonably satisfactory to the Trustee for the giving of notice of redemption, and the Company irrevocably deposits with the Trustee, in trust, for the benefit of the Holders of the
Notes, cash in United States Dollars, noncallable U.S. Government Obligations, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay at maturity or
upon redemption all Notes not theretofore delivered to the Trustee for cancellation, including principal of, premium, if any, and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and if the
Company shall also pay or cause to be paid all other sums payable hereunder with respect to such Notes by the Company, and shall have delivered to the Trustee an Opinion of Counsel and an Officers’ Certificate, each stating that all conditions
precedent relating to the satisfaction and discharge of this Indenture with respect to the Notes have been complied with, then this Indenture shall thereupon cease to be of further effect with respect to the Notes and the Guarantees except for:

 (a) in the case of clause (b) above, the Company’s obligations with respect to the Notes under
Sections 2.05, 2.06, 2.07, 2.08 and 2.09; 
 (b) the rights, powers, trusts, duties and immunities of the Trustee
hereunder and the Company’s obligations in connection therewith (including, but not limited to, the rights of the Trustee and the duties of the Company under Section 7.07, which shall survive despite the satisfaction in full of all
obligations hereunder); and 
 (c) Sections 8.05, 8.06, 8.07 and 8.08, 

each of which shall survive until the Notes have been paid in full (thereafter, the Company’s obligations in Section 7.07 only shall survive).

 Upon the Company’s exercise of this Section 8.08, the Trustee, on demand of the Company and at the cost and expense
of the Company, shall execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to the Notes. 
 ARTICLE NINE. 
 AMENDMENTS 

SECTION 9.01. Without Consent of Holders. The Company, the Subsidiary Guarantors and the Trustee may amend or supplement this
Indenture or the Notes without the consent of any Holder: 
 (a) to evidence the succession of another Person to
the Company or a Subsidiary Guarantor pursuant to Article Five and the assumption by such successor of the Company’s or such Subsidiary Guarantor’s covenants, agreements and obligations in this Indenture and in the Notes; 

(b) to provide for the issuance of Additional Notes in accordance with the limitations set forth herein; 

(c) to add Subsidiary Guarantees or security with respect to the Notes or confirm and evidence the release, termination or
discharge of any Subsidiary Guarantee or security interest in accordance with this Indenture; 
 (d) to comply
with the requirements of the SEC in connection with the qualification and maintenance of qualification under the Trust Indenture Act and comply with the rules of any applicable securities depositary; to conform the text of this Indenture or the
Notes or the Subsidiary Guarantees to any provision of the “Description of the Notes” contained in the prospectus relating to the offer and sale of the Notes to the extent that such provision in the “Description of the Notes” was
intended to be a verbatim recitation of a provision of this Indenture, or the Notes or the Subsidiary Guarantees; 

  
 34 

 (e) to surrender any right or power conferred upon the Company or any
Subsidiary Guarantor by this Indenture, to add to the covenants of the Company or any Subsidiary Guarantor such further covenants, restrictions, conditions or provisions for the protection of the Holders of the Notes as the Board of Directors of the
Company shall consider to be for the protection of the Holders of the Notes, and to make the occurrence, or the occurrence and continuance, of a default in respect of any such additional covenants, restrictions, conditions or provisions a Default or
an Event of Default under this Indenture; provided, however, that with respect to any such additional covenant, restriction, condition or provision, such amendment may provide for a period of grace after default, which may be shorter or
longer than that allowed in the case of other Defaults, may provide for an immediate enforcement upon such Default, may limit the remedies available to the Trustee upon such Default or may limit the right of Holders of a majority in aggregate
principal amount of the Notes to waive such default; 
 (f) to cure any ambiguity or omission or correct or
supplement any provision contained in this Indenture, in any supplemental indenture or in any Notes that may be defective or inconsistent with any other provision contained therein; 

(g) to convey, transfer, assign, mortgage or pledge any property to or with the Trustee, or to make such other provisions
in regard to matters or questions arising under this Indenture as shall not materially adversely affect the interests of any Holders of the Notes; 
 (h) to add or to change any of the provisions of this Indenture to provide that Notes in bearer form may be registrable as to principal, to change or eliminate any restrictions on the payment of principal
or premium with respect to Notes in registered form or of principal, premium or interest with respect to Notes in bearer form, or to permit Notes in registered form to be exchanged for Notes in bearer form, so as to not adversely affect the
interests of the Holders or any coupons of the Notes in any material respect or permit or facilitate the issuance of Notes in uncertificated form; 
 (i) to make any change not otherwise specified in this Section 9.01 that does not adversely affect the rights of any Holder in any material respect; 

(j) to add to, change, or eliminate any of the provisions of this Indenture with respect to the Notes, so long as any such
addition, change or elimination not otherwise permitted under this Indenture shall (A) neither apply to the Notes created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor modify the rights
of the Holders of any such Notes with respect to the benefit of such provision or (B) become effective only when there is no such Notes outstanding; 
 (k) to evidence and provide for the acceptance of appointment by a successor or separate Trustee with respect to the Notes and to add to or change any of the provisions of this Indenture as shall be
necessary to provide for or facilitate the administration of this Indenture by more than one Trustee; or 
 (l)
to establish the form or terms of the Notes and coupons pursuant to Article Two. 
 SECTION 9.02. With Consent of
Holders. The Company, the Subsidiary Guarantors and the Trustee may amend this Indenture or the Notes without notice to any Holder but with the written consent of the Holders of at least a majority in aggregate principal amount of the Notes then
outstanding (including consents obtained in connection with a tender offer or exchange offer for the Notes) affected by such amendment. However, without the consent of each Holder affected, an amendment may not: 

(1) reduce the percentage of principal amount of the Notes whose Holders must consent to an amendment, modification,
supplement or waiver; 
 (2) reduce the rate of or extend the time for payment of interest on the Notes;

  
 35 

 (3) reduce the principal of or change the Stated Maturity of any Note;

 (4) reduce the Redemption Price of any Note or add redemption provisions to any Note; 

(5) make any Note payable in money other than that stated in this Indenture or the Note; 

(6) other than in accordance with this Indenture, eliminate any existing Subsidiary Guarantee of the Notes; 

(7) impair the right to receive, and to institute suit for the enforcement of any payment with respect to the Notes; or

 (8) after the time a Change of Control Offer is required to have been made, adversely affect the right of
repayment or repurchase at the option of a Holder of the Notes. 
 It shall not be necessary for the consent of the Holders
under this Section to approve the particular form of any proposed amendment, but it shall be sufficient if such consent approves the substance thereof. After an amendment under this Section becomes effective, the Company shall mail to all affected
Holders a notice briefly describing such amendment. The failure to give such notice to all such Holders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

SECTION 9.03. Compliance with Trust Indenture Act. Every amendment or supplement to this Indenture or the Notes shall comply with
the TIA as then in effect. 
 SECTION 9.04. Revocation and Effect of Consents and Waivers. A consent to an amendment or a
waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note.
However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Note or portion of the Note if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective. After an
amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective once both (i) the requisite number of consents have been received by the Company or the Trustee and (ii) such amendment or waiver
has been executed by the Company and the Trustee. 
 The Company may, but shall not be obligated to, fix a record date for the
purpose of determining the Holders entitled to give their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding
paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not
such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 
 SECTION 9.05. Notation on or Exchange of Notes. If an amendment changes the terms of the Notes, the Trustee may require the Holder of the Note to deliver it to the Trustee. The Trustee may place an
appropriate notation on the Note regarding the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Note shall issue and the Trustee shall authenticate a new Note that
reflects the changed terms. Failure to make the appropriate notation or to issue a new Note shall not affect the validity of such amendment. 
 SECTION 9.06. Trustee to Sign Amendments. The Trustee shall sign any amendment authorized pursuant to this Article Nine if the amendment does not adversely affect the rights, duties, liabilities or
immunities of the Trustee. If it does, the Trustee may but need not sign it. In signing such amendment the Trustee shall receive indemnity reasonably satisfactory to it and (subject to Section 7.02) shall be fully protected in conclusively
relying upon, an Officers’ Certificate and an Opinion of Counsel stating that such amendment is authorized or permitted by this Indenture. 

  
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 SECTION 9.07. Payment for Consent. Neither the Company nor any Affiliate of the
Company shall, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this
Indenture or the Notes unless such consideration is offered to be paid to all Holders, ratably, that so consent, waive or agree to amend in the time frame set forth in solicitation documents relating to such consent, waiver or agreement. 

ARTICLE TEN. 

SUBSIDIARY GUARANTEES 
 SECTION 10.01. Guarantee. Subject to the provisions of this Article Ten, each Subsidiary Guarantor in respect of the Notes hereby jointly and severally unconditionally guarantees, on a senior
unsecured basis, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors, irrespective of (i) the validity and enforceability of this Indenture, the Notes or the obligations of the Company or
any other Subsidiary Guarantors to the Holders of the Notes or the Trustee hereunder or thereunder or (ii) the absence of any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge
or default of a Subsidiary Guarantor, that: (a) the principal of, premium, if any, interest and defaulted interest with respect to the Notes shall be duly and punctually paid in full when due, whether at maturity, by acceleration or otherwise,
and interest on the overdue principal and (to the extent permitted by law) interest or defaulted interest with respect to the Notes and all other obligations of the Company or any Subsidiary Guarantor to the Holders of the Notes or the Trustee
hereunder or thereunder and all other obligations under this Indenture with respect to the Notes shall be promptly paid in full or performed, all in accordance with the terms of this Indenture and thereof and (b) in case of any extension of
time of payment or renewal of any Notes or any of such other obligations, the same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or
otherwise. Failing payment when due of any amount so guaranteed, or failing performance of any other obligation of the Company to the Holders of the Notes, for whatever reason, each Subsidiary Guarantor shall be obligated to pay, or to perform or
cause the performance of, the same immediately. An Event of Default under this Indenture or the Notes shall constitute an event of default under this Subsidiary Guarantee, and shall entitle the Holders of the Notes or the Trustee to accelerate the
obligations of the Subsidiary Guarantors of the Notes hereunder in the same manner and to the same extent as the obligations of the Company. 
 Each Subsidiary Guarantor, by execution of this Indenture, waives the benefit of diligence, presentment, demand for payment, filing of claims with a court in the event of insolvency or bankruptcy of the
Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever and covenant that such Subsidiary Guarantee shall not be discharged except by complete performance of the obligations contained in this
Indenture and such Subsidiary Guarantee. This Subsidiary Guarantee is a guarantee of payment and not of collection. If any Holder or the Trustee is required by any court or otherwise to return to the Company or to any Subsidiary Guarantor, or any
custodian, trustee, liquidator or other similar official acting in relation to the Company or such Subsidiary Guarantor, any amount paid by the Company or such Subsidiary Guarantor to the Trustee or such Holder of the Notes, the Subsidiary
Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Subsidiary Guarantor further agrees that, as between it, on the one hand, and the Holders of the Notes and the Trustee, on the other hand,
(a) subject to this Article Ten, the maturity of the obligations guaranteed hereby may be accelerated as provided in Article Six of this Indenture for the purposes of the Subsidiary Guarantee, notwithstanding any stay, injunction or other
prohibition preventing such acceleration in respect of the obligations guaranteed hereby and (b) in the event of any acceleration of such obligations as provided in Article Six of this Indenture, such obligations (whether or not due and
payable) shall forthwith become due and payable by the Subsidiary Guarantors for the purpose of such Subsidiary Guarantee. 

The Subsidiary Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against
the Company for liquidation or reorganization, should the Company become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of the Company’s assets, and
shall, to the fullest extent permitted by law, continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Notes are pursuant to applicable law, rescinded or reduced in amount, or must otherwise be
restored or returned by any obligee on the 

  
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Notes, whether as a “voidable preference,” “fraudulent transfer” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or
any part thereof, is rescinded, reduced, restored or returned, the Notes shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 

No shareholder, partner, manager, member, director, officer, employee, agent or incorporator, past, present or future, of any Subsidiary
Guarantor, as such, shall have any personal liability under this Subsidiary Guarantee by reason of his, her or its status as such partner, manager, member shareholder, director, officer, employee, agent or incorporator. 

SECTION 10.02. Limitation of Subsidiary Guarantee. The obligations of each Subsidiary Guarantor are limited to the maximum amount
as shall, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Subsidiary Guarantor in respect of the obligations
of such other Subsidiary Guarantor under its Subsidiary Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Subsidiary Guarantor under the Subsidiary Guarantee not constituting a fraudulent
conveyance or fraudulent transfer under federal or state law. Each Subsidiary Guarantor that makes a payment or distribution under a Subsidiary Guarantee shall be entitled to a contribution from each other Subsidiary Guarantor in a pro rata amount
based on the net assets of each Subsidiary Guarantor, determined in accordance with GAAP. 
 SECTION 10.03. Waiver of
Subrogation. Each Subsidiary Guarantor, by execution of this Indenture, waives to the extent permitted by law any claim or other rights which it may now or hereafter acquire against the Company that arise from the existence, payment, performance
or enforcement of such Subsidiary Guarantor’s obligations under this Indenture, including, without limitation, any right of subrogation, reimbursement, exoneration, indemnification, and any right to participate in any claim or remedy of any
Holder of the Notes against the Company, whether or not such claim, remedy or right arises in equity, or under contract, statute or common law, including, without limitation, the right to take or receive from the Company, directly or indirectly, in
cash or other property or by set-off or in any other manner, payment on account of such claim or other rights. If any amount shall be paid to any Subsidiary Guarantor in violation of the preceding sentence and the Notes shall not have been paid in
full, such amount shall have been deemed to have been paid to such Subsidiary Guarantor for the benefit of, and held in trust for the benefit of, the Holders of the Notes, and shall forthwith be paid to the Trustee for the benefit of such Holders to
be credited and applied upon the Notes, whether matured or unmatured, in accordance with the terms of this Indenture. Each Subsidiary Guarantor, by execution of this Indenture, shall acknowledge that it shall receive direct and indirect benefits
from the financing arrangements contemplated by this Indenture and that the waiver set forth in this Section 10.03 is knowingly made in contemplation of such benefits. 
 SECTION 10.04. Release of Subsidiary Guarantee. Any Subsidiary Guarantee executed pursuant to Section 4.09 of this Indenture (including, without limitation, any Subsidiary Guarantee of the
Notes issued as of the Issue Date), shall be automatically and unconditionally released upon the release of the guarantee or the obligation that resulted in Section 4.09 of this Indenture becoming applicable (other than by reason of payment
under such guarantee) without any action required on the part of the Trustee or any Holder of the Notes upon such Subsidiary Guarantor ceasing to guarantee or be an obligor with respect to the Revolving Credit Facility or a guarantor or obligor
under any other Credit Facility Debt or Capital Markets Debt of the Company or any of the Subsidiary Guarantors. In addition, any Subsidiary Guarantee of this Indenture shall be automatically and unconditionally released upon: (i) upon the sale
or other disposition (including by way of consolidation or merger), in one transaction or a series of related transactions, of a majority of the total voting power of the capital stock or other interests of such Subsidiary Guarantor (other than to
the Company or any Affiliate of the Company); or (ii) upon the sale or disposition of all or substantially all the property of such Subsidiary Guarantor (other than to any Affiliate of the Company other than another Subsidiary Guarantor);
provided, however, that, in each case, after giving effect to such transaction, such Subsidiary is no longer liable for any guarantee or other obligations in respect of any Credit Facility Debt or Capital Markets Debt of the Company or any of
its Subsidiaries. Any Subsidiary Guarantee also will be released if the Company exercises its Legal Defeasance or its Covenant Defeasance option as set forth in Article Eight, or if the Company’s obligations under this Indenture are discharged
as set forth in Section 8.08. The Company will give written notice as promptly as practicable to the Trustee of the automatic release of any Subsidiary Guarantee pursuant to this Section 10.04. At the Company’s request, the Trustee
will execute and deliver any documents, instructions or instruments evidencing any such release. 

  
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 ARTICLE ELEVEN. 
 MISCELLANEOUS 
 SECTION 11.01. Trust Indenture Act Controls. If any
provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by the TIA, the required provision shall control. Each Subsidiary Guarantor in addition to performing its
obligations under its Subsidiary Guarantee shall perform such other obligations as may be imposed on it with respect to this Indenture under the TIA. 
 SECTION 11.02. Notices. Any notice or communication shall be in writing (including facsimile and PDF transmission) and delivered in person or mailed by first-class mail addressed as follows:

 If to the Company or any Subsidiary Guarantor: 
 O’Reilly Automotive, Inc. 
 233 South Patterson 

Springfield, Missouri 65802 
 Facsimile: [—] 
 Attention: Chief
Financial Officer 
 If to the Trustee: 
 UMB Bank, N.A. 
 1010 Grand Boulevard, 4th floor 

Kansas City, Missouri 64106 
 Facsimile: 816-860-3029 
 Attention: Corporate Trust 

The Company, any Subsidiary Guarantor, or the Trustee by notice to the other may designate additional or different addresses for
subsequent notices or communications. 
 Any notice or communication mailed to a Holder shall be mailed to the Holder at the
Holder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so mailed within the time prescribed. 
 Failure to mail a notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to other Holders. If a notice or communication is mailed in the manner provided
above, it is duly given, whether or not the addressee receives it. 
 SECTION 11.03. Communication by Holders with Other
Holders. Holders may communicate pursuant to TIA § 312(b) with other Holders with respect to their rights under this Indenture or the Notes. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA §
312(c). 
 SECTION 11.04. Certificate and Opinion as to Conditions Precedent. Upon any request or application by the
Company to the Trustee to take or refrain from taking any action under this Indenture, the Company shall furnish to the Trustee: 
 (1) an Officers’ Certificate in form and substance reasonably satisfactory to the Trustee stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture
relating to the proposed action have been complied with; and 
 (2) an Opinion of Counsel in form and substance
reasonably satisfactory to the Trustee stating that, in the opinion of such counsel, all such conditions precedent have been complied with. 

  
 39 

 SECTION 11.05. Statements Required in Certificate or Opinion. Each certificate or
opinion with respect to compliance with a covenant or condition provided for in this Indenture shall include: 

(1) a statement that the individual making such certificate or opinion has read such covenant or condition; 

(2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
contained in such certificate or opinion are based; 
 (3) a statement that, in the opinion of such individual,
he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(4) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied
with. 
 SECTION 11.06. Acts of Holders. (a) Any request, demand, authorization, direction, notice, consent, waiver
or other action provided by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing; and,
except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument or instruments (and the
action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be
sufficient for any purpose of this Indenture and conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. 
 (b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer
authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to such officer the execution thereof. Where such execution is by a signer acting in a capacity other than such
signer’s individual capacity, such certificate or affidavit shall also constitute sufficient proof of such signer’s authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing
the same, may also be proved in any other manner which the Trustee deems sufficient. 
 (c) The ownership of
bearer securities may be proved by the production of such bearer securities or by a certificate executed by any trust company, bank, banker or other depositary, wherever situated, if such certificate shall be deemed by the Trustee to be
satisfactory, showing that at the date therein mentioned such Person had on deposit with such depositary, or exhibited to it, the bearer securities therein described; or such facts may be proved by the certificate or affidavit of the Person holding
such bearer securities, if such certificate or affidavit is deemed by the Trustee to be satisfactory. The Trustee and the Company may assume that such ownership of any bearer security continues until (i) another such certificate or affidavit
bearing a later date issued in respect of the same bearer security is produced, (ii) such bearer security is produced to the Trustee by some other Person, (iii) such bearer security is surrendered in exchange for a registered security or
(iv) such bearer security is no longer outstanding. The ownership of bearer securities may also be proved in any other manner which the Trustee deems sufficient. 

(d) The ownership of registered securities shall be proved by the register maintained by the Registrar. 

(e) Any request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of a Note shall bind
every future Holder of the same Note and the holder of every Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company
in reliance thereon, whether or not notation of such action is made upon such a Note. 

  
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 (f) If the Company shall solicit from the Holders any request, demand,
authorization, direction, notice, consent, waiver or other Act, the Company may, at its option, by or pursuant to a Board Resolution, fix in advance a record date for the determination of Holders entitled to give such request, demand, authorization,
direction, notice, consent, waiver or other Act, but the Company shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other Act may be given before or after
such record date, but only the Holders of record at the close of business on such record date shall be deemed to be Holders for the purposes of determining whether Holders of the requisite proportion of outstanding Notes have authorized or agreed or
consented to such request, demand, authorization, direction, notice, consent, waiver or other Act, and for that purpose the outstanding Notes shall be computed as of such record date; provided that no such authorization, agreement or consent
by the Holders on such record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after the record date. 

(g) The Depositary, as a Holder, may appoint agents and otherwise authorize Participants to give or take any request,
demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under this Indenture. 
 SECTION 11.07. Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of Holders. The Registrar and the Paying Agent may make reasonable
rules for their functions. 
 SECTION 11.08. Governing Law. THIS INDENTURE, THE NOTES AND THE SUBSIDIARY GUARANTEES
SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED
THEREBY.  
 SECTION 11.09. No Recourse Against Others. No shareholder, partner, manager, member, director, officer,
employee, agent or incorporator, as such, of the Company or any Subsidiary Guarantor, shall have any liability for any obligations of the Company under the Notes, the Subsidiary Guarantees or this Indenture or for any claim based on, in respect of
or by reason of such obligations or their creation. By accepting a Note (including the Subsidiary Guarantees), each Holder shall waive and release all such liability. This waiver and release shall be part of the consideration for the issuance of the
Notes. 
 SECTION 11.10. Successors. All agreements of the Company in this Indenture and the Notes shall bind its
successors. All agreements of the Trustee in this Indenture shall bind its successors. 
 SECTION 11.11. Multiple
Originals. The parties may sign any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy of the Indenture is enough to prove this Indenture. The
exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all
purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 
 SECTION 11.12. Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference
only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof. 

SECTION 11.13. Severability. If any provision in this Indenture is deemed unenforceable, it shall not affect the validity or
enforceability of any other provision set forth herein, or of the Indenture as a whole. 
 SECTION 11.14. Force Majeure.
In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes,
work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services;
it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

  
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 SECTION 11.15. U.S.A. Patriot Act. The parties hereto acknowledge that in accordance
with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person
or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements
of the U.S.A. Patriot Act. 
 SECTION 11.16. Electronic Transactions. The parties hereto agree that the transaction
described herein may be conducted and related documents may be stored by electronic means. Copies, telecopies, facsimiles, electronic files and other reproductions of original executed documents shall be deemed to be authentic and valid counterparts
of such original documents for all purposes, including the filing of any claim, action or suit in the appropriate court of law. 

  
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 IN WITNESS WHEREOF, the parties have caused this Indenture to be duly executed as of the
date first written above. 
  

					
	O’REILLY AUTOMOTIVE, INC.
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Executive Vice President of Finance and Chief Financial Officer
	
	UMB BANK, N.A., as Trustee
		
	By	 	 
		 	Name:	 	
		 	Title:	 	

 [GUARANTOR SIGNATURES BEGIN ON FOLLOWING PAGE] 

[Indenture - Signature Page] 

 
					
	O’REILLY AUTOMOTIVE STORES, INC.
	as Guarantor
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Executive Vice President of Finance and Chief Financial Officer
	
	OZARK AUTOMOTIVE DISTRIBUTORS, INC.
	O’REILLY II AVIATION CORPORATION
	GREENE COUNTY REALTY CO.
	OZARK SERVICES, INC.
	as Guarantors
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Treasurer
	
	 OZARK PURCHASING, LLC 
 as Guarantor

	
	By: Ozark Services, Inc., its manager
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Treasurer
	
	CSK AUTO CORPORATION
	as Guarantor
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Treasurer and Chief Financial Officer
	
	 CSK AUTO, INC.

CSKAUTO.COM, INC.

	as Guarantors
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Treasurer and Chief Financial Officer

 [Indenture - Signature Page] 

 
			
	 OC HOLDING COMPANY, LLC 
 as Guarantor

		
	By:	 	O’Reilly Automotive Stores, Inc.,
		 	its sole member

					
		
	By:	 	 
		 	Name:	 	Thomas McFall
		 	Title:	 	Executive Vice President of Finance and Chief Financial Officer

 [Indenture - Signature Page] 

 Exhibit A 

 [FORM OF FACE OF SECURITY] 

[Global Notes Legend] 
 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK OR A NOMINEE OF DTC, WHICH MAY BE TREATED BY THE COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS SECURITY FOR ALL PURPOSES. 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DTC TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 

[Definitive Notes Legend] 
 IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE
TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS. 

 [•]% Notes due 2021 

CUSIP: [•] 

ISIN: [•] 
  

			
	 No.
	 	$[•]

 O’REILLY AUTOMOTIVE, INC. promises to pay to CEDE & CO. or registered assigns, the
principal sum: $[•] ([•] HUNDRED MILLION DOLLARS AND NO CENTS), as such amount may be increased or decreased as set forth in the Schedule of Increase or Decrease in Principal Amount of Global Note attached hereto on [•], 2021.

 Interest Payment Dates: [•] and [•], commencing on [•], 2012. 
 Record Dates: [•] and [•]. 
 Additional provisions of this Note are set forth on the
other side of this Note. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, the parties have caused this instrument to be duly executed. 

Dated: 
  

					
	O’REILLY AUTOMOTIVE, INC.
		
	By	 	 
		 	Name:	 	
		 	Title:	 	

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Notes of the series designated therein referred to in the within-mentioned Indenture. 
 Date of authentication: 
  

			
	UMB Bank, N.A., as Trustee
		
	By	 	 
		 	Authorized Signatory

 [FORM OF REVERSE SIDE OF NOTE] 

O’REILLY AUTOMOTIVE, INC. 
 [•]% Notes due 2021 
  

	1.	Indenture  

 This Note is
one of a duly authorized issue of Notes of the Company, designated as its [•]% Notes due 2021 (herein called the “Notes,” which expression includes any additional notes issued pursuant to Section 2.18 of the Indenture (as
hereinafter defined)), issued and to be issued under an indenture, dated as of September [•], 2011 (herein called the “Indenture”), among O’REILLY AUTOMOTIVE, INC., a Missouri corporation (such company, and its successors and
assigns under the Indenture hereinafter referred to, being herein called the “Company”), THE SUBSIDIARY GUARANTORS listed on the signature pages to the Indenture and UMB Bank, N.A., as trustee (the “Trustee”), to which Indenture
and all indentures supplemental thereto relevant to the Notes reference is hereby made for a complete description of the rights, limitations of rights, obligations, duties and immunities thereunder of the Trustee, the Company and the Holders of the
Notes. Capitalized terms used but not defined in this Note shall have the meanings ascribed to them in the Indenture. 
 The
Indenture imposes certain limitations on the ability of the Company and its Subsidiaries to create or incur Liens or engage in Sale and Leaseback Transactions, in each case, subject to some exceptions as set forth in the Indenture. The Indenture
also imposes certain limitations on the ability of the Company to merge, consolidate or amalgamate with or into any other person or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all of the property of the Company
in any one transaction or series of related transactions, in each case, subject to some exceptions as set forth in the Indenture. 
 Each Note is subject to, and qualified by, all such terms as set forth in the Indenture certain of which are summarized herein and each Holder of a Note is referred to the corresponding provisions of the
Indenture for a complete statement of such terms. To the extent that there is any inconsistency between the summary provisions set forth in the Notes and the Indenture, the provisions of the Indenture shall govern. 

 

	2.	Interest 

 The Company
promises to pay interest on the principal amount of this Note at the rate per annum shown above. The Company will pay interest semiannually on [•] and [•] of each year, commencing [•], 2012. Interest on the Notes will accrue from the
most recent date to which interest has been paid or, if no interest has been paid, from [•]. Interest shall be computed on the basis of a 360-day year comprised of twelve 30-day months. 

 

	3.	Paying Agent, Registrar and Service Agent  

 Initially, the Trustee will act as Paying Agent, registrar and service agent. The Company may appoint and change any Paying Agent, registrar or co-registrar and service agent without notice. The Company
or any of its Subsidiaries may act as Paying Agent, registrar, co-registrar or service agent. 
  

	4.	Defaults and Remedies; Waiver  

 If an Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the outstanding Notes, subject to certain limitations, may declare all the
Notes due and payable immediately. In the case of an Event of Default resulting from certain events of bankruptcy, insolvency or reorganization, the principal (or such specified amount) and premium, if any, of all outstanding Notes will become and
be immediately due and payable without any declaration or other act by the Trustee or any Holder of outstanding Notes. 

Holders of Notes may not enforce the Indenture or the Notes except as provided in the Indenture. The Trustee may refuse to enforce the
Indenture or the Notes unless it receives reasonable indemnification. Subject to certain limitations, Holders of a majority in aggregate principal amount of the Notes then outstanding may direct the Trustee in its exercise of any trust or power
under the Indenture. 

 At any time after the principal of the Notes shall have been so declared due and payable (or
have become immediately due and payable), and before any judgment or decree for the payment of the moneys due shall have been obtained or entered, the Holders of a majority in aggregate principal amount of the Notes then outstanding under the
Indenture, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if any and all existing Events of Default under the Indenture with respect to the Notes, other than the nonpayment of principal,
premium, or interest on Notes that shall not have become due by their terms, shall have been remedied or waived as provided in Section 6.04 of the Indenture. No such rescission shall affect any subsequent Default or impair any right consequent
thereto. 
 The Holders of a majority in principal amount of the Notes by notice to the Trustee may waive an existing Default
and its consequences except a Default in the payment of the principal amount of premium, if any, and accrued and unpaid interest on a Note. When a Default is waived, it is deemed cured, but no such waiver shall extend to any subsequent or other
Default or impair any consequent right. 
  

	5.	Amendment  

 In addition
to any supplemental indenture otherwise authorized by the Indenture, the Company, the Subsidiary Guarantors and the Trustee may from time to time and at any time enter into supplemental indentures (which shall conform to the provisions of the Trust
Indenture Act as then in effect), without the consent of any Holder of Notes, for one or more of the following purposes: (i) to evidence the succession of another person to the Company or any Subsidiary Guarantor and the assumption by such
successor of the Company’s or such Subsidiary Guarantor’s covenants, agreements and obligations; (ii) to provide for the issuance of Additional Notes in accordance with the limitations set forth in the Indenture; (iii) to
surrender any right or power conferred upon the Company or any Subsidiary Guarantor by the Indenture, to add to the covenants of the Company or any Subsidiary Guarantor such further covenants, restrictions, conditions or provisions for the
protection of the Holders of all or any Notes as the Board of Directors of the Company shall consider to be for the protection of the Holders of such Notes, and to make the occurrence, or the occurrence and continuance, of a default in respect of
any such additional covenants, restrictions, conditions or provisions a Default or an Event of Default under the Indenture; provided, however, that with respect to any such additional covenant, restriction, condition or provision, such
amendment may provide for a period of grace after default, which may be shorter or longer than that allowed in the case of other Defaults, may provide for an immediate enforcement upon such Default, may limit the remedies available to the Trustee
upon such Default or may limit the right of Holders of a majority in aggregate principal amount of the Notes to waive such default; (iv) to cure any ambiguity, omission, defect or inconsistency in the Indenture, in any supplemental indenture or
in any Notes or to conform the text of the Indenture or the Notes to any provision of the “Description of the Notes” contained in the Prospectus relating to the offer and sale of the Notes to the extent that such provision in the
“Description of the Notes” was intended to be a verbatim recitation of a provision of the Indenture; (v) to convey, transfer, assign, mortgage or pledge any property to or with the Trustee, or to make such other provisions in regard
to matters or questions arising under the Indenture as shall not adversely affect the interests of any Holders of Notes; (vi) to modify or amend the Indenture in such a manner as to comply with the requirements of the SEC in connection with the
qualification and maintenance of qualification of the Indenture or any supplemental indenture thereto under the Trust Indenture Act as then in effect and to comply with the rules of any applicable securities depositary; (vii) to add or to
change any of the provisions of the Indenture to provide that Notes in bearer form may be registrable as to principal, to change or eliminate any restrictions on the payment of principal or premium with respect to Notes in registered form or of
principal, premium or interest with respect to Notes in bearer form, or to permit Notes in registered form to be exchanged for Notes in bearer form, so as to not adversely affect the interests of the Holders or any coupons in any material respect or
permit or facilitate the issuance of Notes in uncertificated form; (viii) to add guarantees or security to the Notes; (ix) to confirm and evidence the release, termination or discharge of Subsidiary Guarantors or any security interest in
accordance with the limitations set forth in the Indenture; (x) to make any change that does not adversely affect the rights of any Holder in any material respect; (xi) to add to, change, or eliminate any of the provisions of the Indenture
with respect to the Notes, so long as any such addition, change or elimination not otherwise permitted under the Indenture shall (A) neither apply to any Note created prior to the execution of such supplemental indenture and entitled to the
benefit of such provision nor modify the rights of the Holders of any such Note with respect to the benefit of such 

 
provision or (B) become effective only when there is no such Note outstanding; and (xii) to evidence and provide for the acceptance of appointment by a successor or separate Trustee
with respect to the Notes and to add to or change any of the provisions of the Indenture as shall be necessary to provide for or facilitate the administration of the Indenture by more than one Trustee. 

With the written consent (as evidenced as provided in Section 9.02 of the Indenture) of the Holders of at least a majority in
principal amount of the Notes at the time outstanding affected by such amendment (including consents obtained in connection with a tender offer or exchange offer for the Notes), the Company the Subsidiary Guarantors and the Trustee, may amend the
Indenture without notice to any Holder; provided that no such amendment shall, without the consent of the Holders of each Note then outstanding and affected thereby, (i) reduce the percentage of principal amount of Notes the Holders of
which must consent to an amendment, modification, supplement or waiver; (ii) reduce the rate of or extend the time of payment of interest on any Note; (iii) reduce the principal amount or extend the Stated Maturity of any Note;
(iv) reduce the Redemption Price of any Note or add redemption provisions to any Note; (v) make any Note payable in money other than that stated in the Indenture or the Note or, other than in accordance with the provisions of Article Ten
of the Indenture, eliminate any existing Subsidiary Guarantee of the Notes; (vi) impair the right to receive, and to institute suit for the enforcement of any payment with respect to the Notes; (vii) after the time a Change of Control
Offer is required to have been made, adversely affect the right of repayment or repurchase at the option of a Holder; or (viii) reduce the principal amount of notes that is required to consent to an amendment or waiver. It shall not be
necessary for the consent of the Holders to approve the particular form of any proposed amendment, but it shall be sufficient if such consent approves the substance thereof. 
 Any consent to an amendment or a waiver by the Holder of this Note (unless revoked as provided in the Indenture) shall be conclusive and binding upon such Holder and upon all future Holders and owners of
this Note and any Notes that may be issued in exchange or substitution hereof, irrespective of whether or not any notation thereof is made upon this Note or such other Notes. Any Holder or subsequent Holder may revoke its consent if the Trustee
receives the notice of revocation before the date the amendment or waiver becomes effective. Neither the Company nor any Affiliate of the Company shall, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest,
fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of the Indenture or the Notes unless such consideration is offered to be paid to all Holders, ratably, that so consent,
waive or agree to amend. 
  

	6.	Obligations Absolute  

 No
reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and any premium and interest on this Note at the
place, at the respective times, at the rate and in the coin or currency herein prescribed. 
  

	7.	Redemption Upon a Change of Control Triggering Event  

 Upon a Change of Control Triggering Event, unless the Company has exercised its right to redeem the Notes pursuant to Section 3.07 of the Indenture, any Holder of Notes shall have the right to cause
the Company to repurchase all or any part of the Notes of such Holder at a repurchase price equal to 101% of the aggregate principal amount of the Notes to be repurchased plus accrued interest, if any, to the date of repurchase (subject to the right
of holders of record on the relevant record date to receive interest due on the related Interest Payment Date (as defined in the Indenture)) as provided in, and subject to the terms of, the Indenture. 

 

	8.	Sinking Fund  

 The Notes
will not have the benefit of any sinking fund. 

	9.	Denominations; Transfer; Exchange  

 The Notes are issuable in registered form without coupons in minimum denominations of $2,000 principal amount and integral multiples of $1,000 in excess thereof. When Notes are presented to the Registrar
or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the Registrar shall register the transfer or make the exchange in the manner and subject to the limitations provided in the
Indenture, without payment of any service charge but with payment of a sum sufficient to cover any transfer tax or other governmental charge that may be imposed in connection with any registration or exchange of Notes. 

The Company and the Registrar shall not be required (a) to issue, register the transfer of or exchange any Notes during a period
beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of Notes selected for redemption and ending at the close of business on the day of such mailing or (b) to register the transfer or exchange of
Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part. 

 

	10.	Further Issues  

 The
Company may from time to time, without the consent of the Holders of the Notes and in accordance with the Indenture, create and issue Additional Notes (as defined in the Indenture) having the same terms and conditions as the Initial Notes (as
defined in the Indenture) in all respects (or in all respects except for the first payment of interest) so as to form a single series with the Initial Notes. 
  

	11.	Optional Redemption  

 The
Notes may be redeemed at the Company’s option, upon notice as set forth in the Indenture, in whole at any time or in part from time to time, on the terms set forth in the Indenture. 

 

	12.	Persons Deemed Owners  

The ownership of Notes shall be proved by the register maintained by the Registrar. 

 

	13.	No Recourse Against Others  

 No shareholder, partner, manager, member, director, officer, employee, agent or incorporator, as such, of any Company or any Subsidiary Guarantor shall have any liability for any obligations of the
Company under the Notes or the Indenture or a Subsidiary Guarantor under its Subsidiary Guarantee or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Note, each Holder shall
waive and release all such liability. This waiver and release shall be part of the consideration for the issuance of the Notes. 
  

	14.	Discharge and Defeasance  

Subject to certain conditions set forth in the Indenture, the Company at any time may terminate some or all of its obligations under the
Notes and the Indenture if the Company deposits with the Trustee money and/or U.S. Government Obligations for the payment of principal of, premium, if any, and interest on the Notes to redemption or maturity, as the case may be. 

 

	15.	Unclaimed Money  

 Any
money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of, premium, if any, or interest on any Note and remaining unclaimed for two years after such principal, and premium, if
any, or interest has become due and payable shall be paid to the Company on its request or, if then held by the Company, shall be discharged from such trust. Thereafter the Holder of such Note shall look only to the Company for payment thereof, and
all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease. 

	16.	Guarantee 

 The payment by
the Company of the principal of, and premium and interest on, the Notes is fully and unconditionally guaranteed on a joint and several basis by each of the Subsidiary Guarantors to the extent set forth in the Indenture. 

 

	17.	Trustee Dealings with the Company  

 Subject to certain limitations imposed by the Trust Indenture Act, the Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Company or
its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar or co-Paying Agent may do the same with like rights. 
  

	18.	Abbreviations  

 Customary
abbreviations may be used in the name of a Holder or an assignee, such as TEN COM (=tenants in common), TEN ENT (=tenants by the entireties), JT TEN (=joint tenants with rights of survivorship and not as tenants in common), CUST (=custodian), and
U/G/M/A (=Uniform Gift to Minors Act). 
  

	19.	CUSIP Numbers  

 Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the Notes and has directed the Trustee to use CUSIP numbers in notices of redemption as a
convenience to Holders. No representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon.

 ASSIGNMENT FORM 
 For value received              hereby sell(s), assign(s) and transfer(s) unto
             (please insert social security or other identifying number of assignee) the within Note, and hereby irrevocably constitutes and appoints
             attorney to transfer the said Note on the books of the Company, with full power of substitution in the premises. 

 

			
		
	Dated:	 	 
	
	 
	
	 
	Signature(s)

 Signature(s) must be guaranteed by an eligible Guarantor Institution (banks, stock brokers, savings and loan associations
and credit unions) with membership in an approved signature guarantee medallion program pursuant to Securities and Exchange Commission Rule 17Ad-15. 
  

			
	
	 
	Signature Guarantee

 INCREASES OR DECREASES IN PRINCIPAL 

AMOUNT OF GLOBAL NOTE 
 The initial principal amount of this Global Note is $[•]. The following increases or decreases in this Global Note have been made: 

 

									
	 Date of Increase or
 Decrease
	  	 Amount of
Decrease
 in Principal Amount
 of this Global Note
	  	Amount of Increase in
Principal Amount of this
Global Note	  	 Remaining
Principal
Amount of this
 Global Note
 Following such
 Decrease or Increase
	  	
Signature of

Authorized Signatory
 of Trustee or
 Custodian

	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 
	 	  	 	  	 	  	 	  	 

 Exhibit B 

 FORM OF SUPPLEMENTAL INDENTURE 

TO BE DELIVERED BY SUBSEQUENT GUARANTORS 
 Supplemental Indenture (this “Supplemental Indenture”), dated as of
                        , among
                        (the “Guaranteeing Subsidiary”), a subsidiary of O’Reilly Automotive, Inc.
(or its permitted successor), a Missouri corporation (the “Company”), the Company and UMB Bank, N.A., as trustee under the Indenture referred to below (the “Trustee”). 

W I T N E S S E T H 
 WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture dated as of September [•], 2011, (the “Indenture”), providing for the issuance of [•]%
Senior Notes due 2021 (the “Notes”); 
 WHEREAS, this Indenture provides that under certain circumstances the
Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the
terms and conditions set forth herein (the “Note Guarantee”); and 
 WHEREAS, pursuant to Section 9.01 of
the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture. 
 NOW THEREFORE, in consideration
of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary, the Company and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the
Notes as follows: 
 1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings
assigned to them in the Indenture. 
 2. Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees as follows:

 (a) Along with all Subsidiary Guarantors named in the Indenture, to jointly and severally Guarantee to each
Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, that: 
 (i) the
principal of, premium, if any, interest and defaulted interest with respect to the Notes shall be duly and punctually paid in full when due, whether at maturity, by acceleration or otherwise, and interest on the overdue principal and (to the extent
permitted by law) interest or defaulted interest with respect to the Notes and all other obligations of the Company or any Subsidiary Guarantor to the Holders of the Notes or the Trustee hereunder or thereunder and all other obligations under the
Indenture with respect to the Notes shall be promptly paid in full or performed, all in accordance with the terms of this Indenture and thereof; and 
 (ii) in case of any extension of time of payment or renewal of any Notes or any of such other obligations, the same shall be promptly paid in full when due or performed in accordance with the terms of the
extension or renewal, whether at stated maturity, by acceleration or otherwise. Failing payment when due of any amount so guaranteed, or failing performance of any other obligation of the Company to the Holders of the Notes, for whatever reason,
each Subsidiary Guarantor shall be obligated to pay, or to perform or cause the performance of, the same immediately. 
 (b) The obligations of the Guaranteeing Subsidiary hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or the Indenture, the absence of any action to
enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery of any judgment against the Company, any action to enforce the same or any other circumstance which might otherwise
constitute a legal or equitable discharge or defense of a guarantor. 

 (c) The following is hereby waived: diligence, presentment, demand of
payment, filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever. 

(d) This Note Guarantee shall not be discharged except by complete performance of the obligations contained in the Notes
and the Indenture, and the Guaranteeing Subsidiary accepts all obligations of a Guarantor under this Indenture. 

(e) If any Holder or the Trustee is required by any court or otherwise to return to the Company, the Subsidiary
Guarantors, or any Custodian, trustee, liquidator or other similar official acting in relation to either the Company or the Subsidiary Guarantors, any amount paid by either to the Trustee or such Holder, this Note Guarantee, to the extent
theretofore discharged, shall be reinstated in full force and effect. 
 (f) The Guaranteeing Subsidiary shall
not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. 

(g) As between the Subsidiary Guarantors, on the one hand, and the Holders and the Trustee, on the other hand,
(x) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 of the Indenture for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration
in respect of the obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such obligations as provided in Article 6 of the Indenture, such obligations (whether or not due and payable) shall forthwith become due
and payable by the Subsidiary Guarantors for the purpose of this Note Guarantee. 
 (h) The Subsidiary Guarantors
shall have the right to seek contribution from any non-paying Subsidiary Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Subsidiary Guarantee. 

(i) Pursuant to Section 10.03 of the Indenture, after giving effect to any maximum amount and any other contingent
and fixed liabilities that are relevant under any applicable bankruptcy or fraudulent conveyance laws, and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in
respect of the obligations of such other Guarantor under Article 10 of the Indenture, this new Note Guarantee shall be limited to the maximum amount permissible such that the obligations of such Guarantor under this Note Guarantee will not
constitute a fraudulent transfer or conveyance. 
 (j) This Note Guarantee is a guarantee of payment and not of
collection. 
 3. Execution and Delivery. Each Guaranteeing Subsidiary agrees that the Note Guarantees shall remain in
full force and effect notwithstanding any failure to endorse on each Note a notation of such Note Guarantee. 
 4. Merger,
Consolidation or Sale of Assets of Guaranteeing Subsidiary. Unless the Subsidiary Guarantee of the applicable Subsidiary Guarantor is permitted to be released in connection with such transaction pursuant to Section 10.04 of the Indenture,
such Subsidiary Guarantor shall not merge, consolidate or amalgamate with or into any other person or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all its property in any one transaction or series of related
transactions unless: 

 (a) such Subsidiary Guarantor shall be the surviving person (the
“Surviving Guarantor”) or the Surviving Guarantor (if other than such Subsidiary Guarantor) formed by such merger, consolidation or amalgamation or to which such sale, transfer, assignment, lease, conveyance or disposition is made
shall be a corporation, limited partnership or limited liability company organized and existing under the laws of the U.S., any State thereof or the District of Columbia; 

(b) the Surviving Guarantor (if other than such Subsidiary Guarantor) expressly assumes, by supplemental indenture in the
form of Exhibit B to the Indenture, executed and delivered to the trustee by such Surviving Guarantor, such Subsidiary Guarantor’s guarantee of the due and punctual payment of the principal of, and premium, if any, and interest on, all
the Notes outstanding, according to their tenor, and the due and punctual performance and observance of all the covenants and conditions of this Indenture to be performed by such Subsidiary Guarantor; 

(c) immediately before and immediately after giving effect to such transaction or series of related transactions, no
Default or Event of Default shall have occurred and be continuing; and 
 (d) the Company shall deliver, or cause
to be delivered, to the Trustee, an Officers’ Certificate and an Opinion of Counsel, each stating that such transaction and the supplemental indenture, if any, in respect thereto comply with Section 5.02 of the Indenture and that all
conditions precedent in the Indenture relating to such transaction have been complied with. 
 Notwithstanding the provisions of
Section 5.02 of the Indenture, any Subsidiary may merge, consolidate or amalgamate with or into or sell, transfer, assign, lease, convey or otherwise dispose of all or substantially all its property to the Company or a Subsidiary Guarantor.

 5. Releases. Any Subsidiary Guarantee executed pursuant to Section 4.09 of the Indenture (including, without
limitation, any Subsidiary Guarantee of the Notes issued as of the Issue Date), shall be automatically and unconditionally released upon the release of the guarantee or the obligation that resulted in Section 4.09 of the Indenture becoming
applicable (other than by reason of payment under such guarantee) without any action required on the part of the Trustee or any Holder of the Notes upon such Subsidiary Guarantor ceasing to guarantee or be an obligor with respect to the Revolving
Credit Facility or a guarantor or obligor under any other Credit Facility Debt or Capital Markets Debt of the Company or any of the Subsidiary Guarantors. In addition, any Subsidiary Guarantee of the Indenture shall be automatically and
unconditionally released upon: (i) upon the sale or other disposition (including by way of consolidation or merger), in one transaction or a series of related transactions, of a majority of the total voting power of the capital stock or other
interests of such Subsidiary Guarantor (other than to the Company or any Affiliate of the Company); or (ii) upon the sale or disposition of all or substantially all the property of such Subsidiary Guarantor (other than to any Affiliate of the
Company other than another Subsidiary Guarantor); provided, however, that, in each case, after giving effect to such transaction, such Subsidiary is no longer liable for any guarantee or other obligations in respect of any Credit Facility
Debt or Capital Markets Debt of the Company or any of its Subsidiaries. Any Subsidiary Guarantee also will be released if the Company exercises its legal defeasance or its covenant defeasance option as set forth in Article Eight of the Indenture, or
if the Company’s obligations under the Indenture are discharged as set forth in Section 8.08 of the Indenture. The Company will give prompt written notice to the Trustee of the automatic release of any Subsidiary Guarantee pursuant to
Section 10.04 of the Indenture. At the Company’s request, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release. 

6. NEW YORK LAW TO GOVERN. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE
STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. EACH OF THE COMPANY, EACH GUARANTEEING SUBSIDIARY AND THE
TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY.

 8. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be
an original, but all of them together represent the same agreement. 

 9. Effect of Headings. The Section headings herein are for convenience only and shall
not affect the construction hereof. 
 10. The Trustee. The Trustee shall not be responsible in any manner whatsoever for
or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company. 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first above written. 
  

					
	[Guaranteeing Subsidiary]
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	O’Reilly Automotive, Inc.
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	 UMB Bank, N.A., as

Trustee

		
	By:	 	 
		 	Authorized Signatory

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